/biz/ - Business & Finance

>>50015630
Post nigger and we are okay!

>>50015630
We are so fucking far from the bottom it's not even funny.

what kind of question is that? is she dumb

>>50015664
Agreed

>>50015630
Fuck. We are doomed.

>>50015664
not necessarily in terms of price but in terms of time, we still have a year of crabbing and maybe we dump to around $15k again.
what newfags don't really get (not saying you're on) - but just to point it out - is that it's the ~2 years of crabbing that makes people lose interest.

>>50015664
Probably
But not necessarily
(But probably)

>>50015630
>RIP in a year

>>50015630
Fuckfuckfuckfuck I can't take another dump

>>50015630
These roasties will disappear in the coming months

>buy at 50
>watch price plummet
>completely handicapped for weeks or months
>price goes to 100k
>by that time you could've invested in a better assets and made 500k instead of 50k

>>50015630
start a funeral company that accepts bitcoin as payment.

ITT because we all that for Bitcoin to get to $1M it has to be done without retail buying it, mentioning it or even noticing it. The more people in on the secret the lower the price will get and for global adoption we ideally want no one to have heard of it.

>>50015786
you ok?

>>50015630
Brunell is a jew name.

>>50015707
Growing inflation eating into paychecks and an investment doing +/- 3% in a year will make people sell. Saw this shit with the end of 2019 except no inflation. Bills come up and you think yeah I'll sell my btc to pay for a new furnace.

>>50015707
Yeah. I think this is true. Sort of think if we compare to last cycle we are in our "January 2019 moment". Things are dark af right now. It looks bad. But some people start to buy and we go up. And up. We make the sidelined cash believe its for real... And then... We crash. Right back down to where we were almost. This would be a lot like June of 2019. I'd guess after our fake rally+crash we go crab for another year or so and most people totally give up.

I'm going into a lot of different projects discords lately to find discords that look really hopeless and I still see a tiny bit of hope in some of them. Those people need to get washed out still. I can't imagine any of them to have the heart to do this for another 60 days or so.

>>50015847
It's a bit different this time. Btc dominance isn't skyrocketing and alts dead on volume in comparison. It's interesting because last time alts took a year to bottom after btc did. This time around everything is trading flat, especially shitcoins on Kucoin.

I'm starting to think the next bull won't be the time to chase 100x low cap shitcoins. There isn't even much of a play on the forecast either except maybe NFT shit. L1s are doomed. Zk roll ups are a literal meme now and L2s won't need to exist. Maybe it'll just be a series of trickle down pump and dumps as large cap money flows down toward the trash until it all goes to zero again

>>50015630
Women have evolved to get fucked hard over and over again and love every second of it. They are the more resilient sex by far

>>50015664
Yah but it makes you wonder that since crypto has become mainstream, won't there always be someone posting something like this? This is still the top though, we're probably going to crab here for a really long time or go lower and crab for a really long time. Unless this post is an outlier and does not reflect current normie sentiment

>>50015997
my thinking also. for better or worse these crypto roasties are still going to be around here at least in bitcoin they dont seem to quit so easily. its when roastie whores are in altcoins shilling them is when i get worried and know its going to fail

>>50015847
that's right, agree
there will be pumps and dumps still, but the only thing that will result in is people losing interest, volume decreasing, people probably investing in alts a bit less
by 2024 people will have mostly forgot about crypto and regulation, the same as in 2020. you're already starting to see google search trends for 'bitcoin is dead' at ATH, but even those articles will fade out

>>50015909
it's a bit different yeah, don't see BTC dominance hitting 70% or whatever. i think the market is evolving and realizing that it's better to have 20-30 good projects than hundreds of small tech start ups all doing the same thing
then as the barrier to entry gets higher you get less competition (and possibly regulation coming in)
the bull run will still be a casino but nowhere near what we saw this last bull run or the one before
this is a normal thing that happens as markets get more 'mature'

>>50015630
This is what happens when you have zero financial knowledge and you get groomed by BTC trannies

>>50015707
Well considering we've been crashing for over half a year does this mean we've only got a year and a couple more months until financial freedom?

>>50016138
next bull run is late 2024/early 2025
around the next US election we should see things start to ramp up
hey it's mid-2022 already...hold on for 2.5 years and you'll make it
investing large amounts of money into crypto over the next ~2 years will have you thinking you've lost your mind and probably sweating at night, as you become embarrassed to even mention crypto to family/friends
'oh you're still into crypto anon? i thought was over...people still invest in that stuff?' hasn't it all crashed and never recovered?'
but you need that feeling to actually make it, and even if you dump it all into BTC for what you perceive as a fairly risk free 2-3x, you will be nervous
but then over the course of a few months your life changes.
that feeling that you have of 'i made a mistake ever investing in crypto' is what shakes normies out

>>50015664
I'm waiting

>>50015630
She's at the bargaining stage.

>>50015630
>>50015690
She owns more btc, and has been in the crypto space longer, than everyone on this board.

>>50015707
>not necessarily in terms of price but in terms of time
partially true... sp500 will drop 50% more, this means btc to 8k
You are deluded if you think you'll only crab for years at the same price

>>50015630
BTC is going to suck up every last bit of value left in the financial system so 50k will seem like a complete bargain in 5 or so years time. Could be in for a painful couple years though.

>>50016126
Yeah. I don't believe we are too far from what will ultimately be the bottom price wise. But I think it is a long way off time wise, as you mentioned.

I think the best play here is to invest in alts that have interest from serious DeFi crypto people. Those may actually end up getting gains vs ETH/BTC during this time period.

If you look at stuff like Aave/LINK/UNI/SNX, they may have already posted their bottom vs ETH

They key here is they have to have quality and some type of revenue being generated + PMF. Don't necessarily need value accrual to holders, just the potential to deliver that at some point.

>>50016362
Disagree. BTC investment thesis is now in jepoardy IMO. People are going to begin to see crypto as the rails to conduct financial transactions in a trustless manner which is more revolutionary than bitcoin by far.

>>50016355
Do you really think they will keep the money printer off to allow the stockmarket to drop to 2020 levels? When you adjust for the amount of money they have printed it will be well below the 2020 crash.

>>50016375
The dollar is collapsing. You have 2 chooses to secure your wealth; Bitcoin or gold, the latter of which can be confiscated at any point.

>>50015707
I could see this. It's not a capitulation all at once, it's a slow capitulation. People know that crypto has "some" value and won't be quick to sell their bags. However, if things crab for a year while bills pile up and inflation inflates, people will capitulate here and there. New people each month. Each time saying "it's crabbed for a while, I can sell a bit to get this new furnace and buy back later." This happens steadily over 2 years of crab.

>>50016392
This is what the real gamble is now. Trying to time the FED.

>>50015664
>you have to be silent about potential future profits or they won't happen

>>50015909

It's gaming.. The next big thing is literally gaming.

>>50016439
The fed has 2 choices:
>Inflation with absurd asset prices and everyone in a job.
>Inflation with massive unemployment and massive business closures with people unable to afford to feed themselves.
This time unironically different given we have never seen this much leverage in every aspect of the economy. Inflation is out of the fed's control (energy, food) and tightening will lead to a massive collapse in businesses that would be profitable if they just keep the money printer on. Keeping the money printer on and inflating away debts is the least bitter pill for them to swallow and will probably lead to least amount of civil unrest. Bond holders will get fucking rekt but the masses aren't going to give 2 shits about that. I can imagine seeing some crazy socialist shit like UBI and you will own nothing and be happy becoming a reality in the next couple of years.

>>50016417
I can also choose: Stocks, real estate, other cryptos that actually have fee revenue.

Bitcoiners have their heads up their assholes. Dumbest group of people in the crypto space aside from HEX buyers probably.

The security model won't work. No one uses bitcoin for transactions, so once we approach 21 million, there likely won't be enough rewards. BTC makes no money lol.

XMR is a better bet than BTC at this point. At least the community isn't filled with retards, you can get in early, and probably are more open to change.

>>50016424
exactly
and remember there are a LOT of people that don't even understand halving cycles, 2 years of not hitting ATH will make the majority of normies and probably even a lot of crypto holders bored and move on, seeking yield elsewhere (by then you would think inflation is well under control and even if stocks and real estate perform really badly, by then they will start to recover).
it's all very necessary for the cycle to continue, just need to keep the faith and be patient.

>>50016517
I didn't ask for an essay.

>>50016531
All of that is insecure and can easily be taken from you if the government decides that securing the finances of the country takes priority over your wealth. This has happened time and time again through-out history in states during late game fiat. A horde of unwashed masses demand reform or heads of politicians roll and those with assets pay. This happened 100 years ago in the US, conditions are approaching similar levels of fucked.

The last BTC is mined around 2140. We are gone way before that; it's a problem for a different generation. Yes XMR is better but your average boomer with Lukewarm IQ isn't capable of getting XMR in the US.

>>50016598
Cute and whitty.

>>50015630
I bet she has a college degree and still does not understand the difference between opportunity cost and sunk cost. Hell most of biz would not understand.

>>50016445
Its called capitulation

>>50016517
Who cares about having a job if more than your entire paycheck goes to food, rent and gas? That is unironically just asking for the entire system to implode.

>>50016682
The system has already imploded. Your average Joe just hasn't realised it. 3% rates = 33% of taxes just to service government debt. Money will be printed to make up for the shortfall. They have been kicking the can down the road since 2008. 2020's doubling of the money supply accelerated the death of the dollar.

>>50015707
shemita ends sep25
just leaving this out here

>>50015707
This, 2018 and 2019 were agonizing not because of the rape but because of the crabbing and bleeding if you held.

>>50016735
I think people realize things are beyond repair, but they can atleast still "afford" food and gas. The play right now is figuring out the crypto and asset classes that will survive, its a simple race condition.

>>50016392
>When you adjust for the amount of money they have printed it will be well below the 2020 crash.
who cares? Not them. They are sitting in cash

>>50015630
she is literally the top signal. Just trade counter point to her interest/posts regarding BTC and you will be a very, very rich Indian.

>>50015630
well compared to what?

>>50016346
I own 0 Boomer Turd Coin so yeah

>>50017940
Selling peanuts at bars

>>50015630
>tweet
yes, she should google "opportunity cost"

that said, greeting from kazakhistan

Her family must hate her

>>50015707
The problem with Bitcoin is that the price action is entirely hype-driven and there's no real economy to support it.

Fiat is backed by the national economies of the countries that issue it, and there's a minimum demand for it because you need to pay your taxes with it. But there's nothing you can buy (no economy) with BTC that you can't buy with fiat. Not even dark web markets use BTC anymore. As for minimum demand, there's only one tiny Central American shithole country where you can pay your taxes and even then, you can also pay with USD. If the BTC hype dies down permanently, it's basically over, and I'm not convinced that reddit-tier "halving cycle theory" is enough to keep it going permanently.

At least with Ethereum you need ETH to pay gas fees, so there's a minimum demand, but the economy is almost entirely shitcoin speculation and that can dry up in an instant. Basically, crypto is fucked without a solid economic base that can only be participated in exclusively with cryptocurrency, AND some way of establishing a minimum demand.

>>50015664
I would have agreed, but peoples mental health is terrible after the pandemic, I unironically think there's no other way for financial prosperity for most young people so they will watch it go to zero before selling, because everything else they have will go to zero anyway

>>50018520
it never had anything backing it
the value is derived from being a global standard of money that is completely segregated from governments, with a limited supply that can even be stored offline
bitcoin will always, always have value
and we haven't even seen things like pension funds, investment funds, huge companies etc adopt it as a hedge against the local currency or other assets taking a shit
i heard the 'nothing backing it, this time it's different' FUD for years and years, bitcoin has never been in a stronger and more assured than it is now.

>>50018559
shut the fuck up

>>50018581
cringe

>>50018559
Except it's not completely segregated from governments.

Right now it has positive value because people are buying it thanks to the "store of value" and "hedge against inflation" narratives, and speculation that it will continue to increase in price in the future. And because most governments choose to tolerate it. But that can change.

What if governments decide to outlaw it? Sure governments can't shut down the network, but they can raid and subpoena exchanges to get the personal information and connect wallets to people, at which point the value becomes NEGATIVE because anyone who uses it and can be identified becomes a target and potentially goes to jail. It also has negative value RIGHT NOW compared to fiat because people delude themselves into thinking they're safe from the government. At least with fiat and banks people know that there's no privacy, and there's no delusion about that.

These institutions that are investing in it are doing so in very small amounts and only as speculation, and that's because they're smart and realize things aren't so assured as BTC maxis would like to believe. Only idiotic "true believers" like Saylor are going hardcore into it. Maybe it pays off for him... or maybe he loses everything. Only time will tell on that one.

exactly man, so that's why you should try investing into script.tv

it's a project being developed by script network and is a watch to earn platform where you could even earn off chain rewards such as concert tickets and access to events.

fore more just google script tv

>>50015707
But I dont want two years of crab! I want GAINS now!

>>50016643
Government can't take cryptos that have fee revenue from you.

My investment thesis with ETH is that governments will begin to issue assets and fiat and move it around on the ETH network. Wealthy individuals across the world will be storing their wealth on Ethereum. After what the USA did with the Swift network, I don't see why many non westerners in places like India, China, Russia, would want to store wealth in a bank. They've proven they can just cut you off.

With Ethereum it is basically a credibly neutral layer to bank on. IMO that is a lot more important than bitcoin. Also, let it be known, you can also put bitcoins on Ethereum, so its not limited to just digital dollars.

>>50015642
NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER PLEASE TELL ME WE ARE OK FREN

>>50015664
normies are so focused on price, ive seen a lot say next year they expect to see action, but bear markets wear you down, make you ashamed to have even done those plays.
2024 will be like defi summer, october 2025 peak of next bull is my guess, but there needs to be time to get leverage out of the system

>>50015630
Whatever I choose to hold in my bag, the privacy of my wallet is essential to me because I have once being a victim of a hack, afterwards I always made sure I connected my wallet to a privacy platform that can keep an unlimited number of tokens and transactions anonymous and private.

>>50015786
big if true

>>50015664
Best to DCA as we go downwards. I'm doing that on QANX RIDE MOVR

>>50015664
Bottom is 13K,worse case, I'm just sorry for most altcoins, but fuck it, Its always a good entry for newbies.
I hope I had waited to this time before buying more UTK

>>50016417
gold is down.
btc id down.
usd is up.

>>50015664
When DOGE goes to zero, I will call the bottom

>>50016517
the big problem they have is wage inflation.
asset inflation has allowed many to opt out of working, and for those on the bottom it's made working pointless as they will never escape servitude. this decreases worker supply
unprofitable (in the real sense not bullshit usd) businesses are kept alive by ZIRP, increasing worker demand.
this has let to worker demand outstripping worker supply leading to wage inflation.
raising rates enough to redress the balance will fix it, except for the fact that so much of the economy is clown world.

>>50023662
There will be no regrets, which is why you should never go all in rather DCA.
But I remember UTK made it through the last dip, so Just Hodl

>>50015630
>bearniggers cope thread

>>50015664
That's my feeling as well as someone who's held Bitcoin for close to a decade. However, I also know that there's more perceived value than there is real value, and that fact makes me wonder if it is ever possible for a real "bottom" to be realized. It's almost like a magnet falling from the sky should hit the ground, but if there's enough manipulation and liquidity floating around, the magnet is going to be repelled away from the ground and may never actually hit where it would sans repelling force

>>50016337
so what she is a tiny little bit very slow i have far surpassed this fucking jewish shitlist long ago

>>50016337
and what about when someone doesn't undergo all the bullshit?

>>50015664
I wouldn’t say far from bottom (10k) but we are far from an up trend, everyone expects another bullrun which is why we won’t get one for a very long time until the crypto normies/roasties are shaken out. If we get another bullrun soon it will be very different from previous ones with only a very few select coins mooning and everything else doing nothing or dumping

50015664

Just because a few people say this doesn't mean we're far from the bottom. People have been on hopium since bitcoin was first around. There will always be positive people like this. The general consensus of normies is they have no interest in crypto whatsoever. For example, there's massive amounts of people who are anti-crypto because they think it hurts the environment. Others are just salty because they keep missing out and have evolved a iron sturdy shell where the more they see crypto go up after a bear market, they rage harder. Then the rest have no idea what cryptocurrency even is. People on this board may deride normies, but if you observed them and spent time around them their interests in crypto is like a 4 second viral video and would realize we are pretty much at the bottom or extremely near it.

also this
>>50016445

>>50024837
It's encouraging to see that some anons are still bullish on crypto; 90% of Anon on Biz are currently fudding, and I'm hoping for $10,000 if possible.
I have a list of tokens to buy.
>ALBT
>QANX
>GLMR
>MATIC

>>50016212
You're literally describing 18/19 for me

>>50025221
BTC will hit $3 so be ready, RN I'm fucking broke to buy anything

>>50015630
Yup, this was the last bull run for BTC. Looks like i will have to keep waging until the next big thing.

>>50015664
>>50015707
>speculative asset that has zero practical use
>speculation is now that the price will go down
i'm thinking buy boatloads guys invest right now bitcoin definitely has a future

>>50015630
100k after 2 years of mental distress... I'd rather suggest you play games and have fun...
Your mental serenity worths more than 50k profit.

>>50025221
Are you sure this isn't a wrong choice? Just MATIC is a good pick here because of the cheap transaction fees there. Most of the interesting Metaverse and GameFi projects are now on polygon....

>rip in a year
I know she meant ripen but I don't know if she thinks that's how it's spelled.

>>50015664
Capitulation is a few months out at least.

>>50026650
You think MATIC is a good pick because it is large cap, but low market cap projects, particularly those with good utility, have hope as well.

>>50016212
WAGMI

>>50015642
what happened to our girl "my bitcoin stock is doing a lil sum sum" ?

>>50025501
I don't think most Anon have money to buy right now, I might as well go back to working at McDonald.
>>50025221
Good pick, I bought GLMR for $4 and haven't looked at it since. MATIC was my first crypto buy and my biggest bag, QANX appears promising but too broke to buy right now

>>50026762
Probably a newfag that needs help. Talking about the utility and not Mcap.

Most top games like Pegaxy, Cometh, HunnySwap .... are all on polygon.

More adoption of the network, more adoption of token = value addition.

>>50015630
She's actually completely wrong. That is a horrible investment. A 2x can be done in the stock market.

>>50026926
WAGMI

>>50026369
This without irony

>>50015786
>>50015847
>>50016212
There's millions of crypto users monitoring crypto shit every day at every moment. Every thime BTC pumps or dumps in a significant manner, it appears on google's trending searches and attracts the curiosity of outsiders.

>>50015690
Yes

>>50016531
Stocks historically lose vs inflation. Also, good luck selling your 10 houses when the starving masses are burning down Congress and demanding basic income and free housing (slavery). Your property will be taken from you, and even if it's not, the global collapse will devalue it anyway since no one will be able to pay "what it's worth".

>>50016531
XMR is run by literal gay SJWs who are actively sabotaging development and ripping off the community donation funds.

>>50030264
>Stocks historically lose vs inflation
Kek. No.

>>50015630
>>49999999
>>50000000

>>50016212
Imagine investing in anything but CRO, you defo ngmi boomer

>>50016506
Got to look at NFTs differently after attending NFT NYC. Getting the honeyland genesis bee collection now, used to hate these NFT crooning fucktards, now I've joined the party desu

>>50024409
The market is still remains uncertain. Recession is sweeping in hard. Brace yourself and expect the worst to happen kek

>>50031009
P2Es are now gaining more adoption. Seen the likes of illivium, gala and sandbox move through the ranks.
Curry niggas say breeding of NFTs are the next big thing is there something I should know?

>>50031189
>breeding NFTs
>next big thing
2017 called, they want their Cryptokitties back

>>50015630

I like how everyone just treats women in finance (except for the big hitters like Lyn Alden, Cathie Wood, etc) as children. No need to correct them, they're trying their best. Also means we're far from the bottom

>>50031287
True they are basically uneducated children to me

>>50031245
I shoved it up my mancunts.
If you want it, come get it

>>50031287
Women in Finance are not better than Lorena Bobbitt
>>50031189
I'm concentrating on minting virtual lands now. Shit seems to be yielding a lot of profit through in-game leasing