/biz/ - Business & Finance

[Anonymous No.10918329]

What was /biz like when Bitcoin hit $19k last year? It must've been such a magical time, I still regret missing out on it so much.

[Anonymous No.10918383]

We’ll find out

[Anonymous No.10918416]

>>10918329
Tons of fake btc donation address threads. People getting btfo shorting btc. Chainlink debates. People talking about how they missed out.

[Anonymous No.10918459]

>>10918329
ahh the glorious days, and its only been 10 months. I remember being very chill at the time, like nobody thought it would crash and it was an everyday thing, people buying and selling at those prices like crazy, expecting it to just keep going up. All the warnings were seen as fud and pointless negativity in a sea of endless green. How naive we were, guess thats how so many got burned hard

[Anonymous No.10918514]

It was Christmas time, literally. Everyone was at home with their families. I had more money than I've ever had, good thing they nobody noticed.

[Anonymous No.10918546]

>>10918329
>Chainlink debates
So I'm guessing this was when the technicals of the project were discussed, and once autists decided it was solid went on to fud it?

[Anonymous No.10918556]

>>10918459
This. Like a frog being slowly boiled

[Anonymous No.10918562]

>>10918329
A month of bliss, followed by a year of pain and suffering.

[Anonymous No.10918575]

>>10918546
>I'm guessing this was when the technicals were discussed
You severely overestimate us.

[Anonymous No.10918587]

Shilling threads out the ass. Xrp, Xmr, Xvg, Trx, Link, Neo, Ada, Xlm, Req, Eng, Icx, man it was just fucking ridiculous.

[Anonymous No.10918591]

how does somebody miss out on crypto? you've had 10 years to notice it, and now its too late

[Anonymous No.10918595]

>>10918329
We thought Buffet was full of shit when he kept warning us that bitcoin was a bubble.

[Anonymous No.10918602]

>>10918329
>$19k @ $320b market cap. And they call it a bubble
Lmao. This shit is definitely going to moon for sure. If you don't have at least 1 BTC (preferably 21) you are not going to make it.

[Anonymous No.10918612]

DBC threads. DBC threads everywhere.

[Anonymous No.10918614]

>>10918595
I thought he was probably right, but I didn't expect the drop to be quite so severe. Didn't think it'd be as bad as the Gox crash. Overall I overestimated how much I was willing to lose. Wish I sold more than 1/3rd at the peak.

[Anonymous No.10918623]

>>10918546
no, there's never been any solid technical underpinning for a centralized oracle on decentralized network platform. it's just been bagholders memeing and hyping for months, glossing over the fundamental issues with partnership speculation.

anyone that bought into it has just missed out on the 50x+ gains they could have had on any number of other projects even higher up in the marketcap rankings. it's just been a source of wasted opportunity for everybody involved.

[Anonymous No.10918625]

>>10918602
when though I'm getting impatient

[Anonymous No.10918628]

>>10918612
Oysterpearl, Bountyx, Dragonchain, Funfair. Kek, I even fell for a few of them

[Anonymous No.10918636]

Fake pebel beach reports among other tactics in order to cause alt coins to moon. It was all too easy.

[Anonymous No.10918647]

>>10918628
Don't forget Bazinga

[Anonymous No.10918660]

it was mostly despair because most of biz was too heavily in alts which got absolutely slaughtered. when bitcoin dropped to 13-15k was when alts exploded and everyone was a genius

[Anonymous No.10918659]

>>10918647
and milocoin

[Anonymous No.10918672]

>>10918647
I remember everyone putting money into tokens that were worth less than a penny ea and you would make 3x or 4x easily

[Anonymous No.10918673]

>>10918660
>sold all my bitcoin at 17-19k
>used it to buy eth and sold that at $1k
>took profit and put the rest into random alts that dropped 95%
It hurts.

[Anonymous No.10918677]

>>10918562
this

[Anonymous No.10918681]

>>10918659
I miss stupid coins like Milocoin or Soulcoin. The real yobit-tier garbage. Was fun trading that back when things weren't so serious.

[Anonymous No.10918904]

Ark was super popular back then kek

[Anonymous No.10918926]

>>10918329
Influx of newfag cancer, /biz/ went from being a fringe board in 2015 to having a post every few seconds in December. It was mostly pajeet scammers during December 2017

[Anonymous No.10918960]

>>10918926
this

[Anonymous No.10918961]

>>10918329
>It must've been such a magical time
/biz/ didn't really look at it that way, everyone was too busy shilling their alts and kind of took it for granted that everything was going up.

[Anonymous No.10919019]

>>10918628
FunFair will recover....

[Anonymous No.10919027]

I was holding REQ and life was good

[Anonymous No.10919042]

>>10918329
A lot of Idiots saying it was too late and everyone was in bitcoin including boomers.

[Anonymous No.10919053]

>>10919042
>too late
you're telling me when bitcoin was at it's local top it wasn't way too late to get into crypto?

[Anonymous No.10919063]

If you read the threads on the archive, people didn't think 20k was the top. They thought it would top out around 20k-30k. Its when we got rejected at 17k and those large stair sell walls appeared is when everyone lost hope.

[Anonymous No.10919138]

>>10918459
True dat. I remember in late december and early january at least once a day, a legitimately concerned anon would post a long, convincing, thought-out missive about how every conceivable indicator and metric was putting us at the tippy top of literally the biggest bubble in all history, and that we needed to start heading for the exits right now. And, if we were going to ignore all the signs, to at least sell off our initial investments at a bare minimum.

Those ops all got shit talked into the ground and buried under smug bull and chad fad image macros. The voice of reason was here among us but we just didn't want to listen.

[Anonymous No.10919200]

It was pandemonium. People thought bitcoin was headed to 100k.

I was clicking a couple buttons and making a grand here and there. I was missing work and staying up late to trade. Checking my phone every few minutes.

I cashed out 50% of my entire portfolio at the near peak. Then left the remaining 50% in. Not much left in there now.

I hope the bull run comes back

[Anonymous No.10919233]

Real /biz/nessmen were busy sprouting their Bitbeans for easy 10000% returns

[Anonymous No.10919268]

>>10918329
It was what Trump getting elected was for /Pol but more twinks

[Anonymous No.10919306]

>>10919138
i listened

[Anonymous No.10919428]

I remember people posting about quitting their jobs. Wonder how they're doing now.

[Anonymous No.10919447]

>>10919200
Nobody cashed out

[Anonymous No.10919474]

>I brought you x coin
>I brought you y coin
>now I bring you z coin
>procedes to shill absolute shitcoin
>shitcoin goes 100x 16 hours later
>"thanks so much biz! Post your address I'm giving away btc to the first 100 people on this thread!"
>chainlink shill thread #657732
>chainlink shill thread #657733
>chainlink shill thread #657734
>chainlink shill thread #657735
>chainlink shill thread #657736
>chainlink shill thread #195435435

[Anonymous No.10919514]

>>10919447

Why does this meme still exist?

I transferred my BTC to coinbase, sold it for USD, then transferred the dollars to my bank account

[Anonymous No.10919523]

>>10918612
>>10918628
It was amusing seeing the Pajeets shilling like three coins at any one time, each in three different threads, changing them out every three days. Like "ooh, what's the next gimmick?"

[Anonymous No.10919546]

>>10919447
you literally CANT CASH OUT. Just try it, you'll see

[Anonymous No.10919577]

>>10919546
this is the maximum thinking capacity of a brainlet. You switch to fiat pairs fucking moron

[Anonymous No.10919578]

>>10918612
BRAINGANG reporting in

[Anonymous No.10919603]

>>10919514
Because when the bank sees that kind of money. Your account is going to be frozen and you’ll never see that money.

[Anonymous No.10919772]

>>10919053
Depends if you mean the long term or short term.

[Anonymous No.10919790]

>>10919523
and still today we see the same waves of chainlink/vechain/bcash posts

[Anonymous No.10919793]

>>10919772
long term you'd only see a mediocre two figure multiple on bitcoin anyway. most of the growth has already happened.

[Anonymous No.10919875]

>>10918562
This

It was like dating, for like 3 weeks, a fucking petite 9/10 slut that you spot every now and then but you finally got to dick her and cant wait to show all your friends because youre finally a winner and having access to all her holes and in the back of your mind you tell yourself shes gonna cut out once she finds her dude back or some other reason. Everyone knows hows its gonna end up but you also think, ill know when to quit it and she aint shit either cause you know how it goes. Then bam, she doesnt call one day and doesnt answer your texts. She shows up maybe like two days later and you tell yourself to not get attatched because shes gonna cut out at any minute so enjoy her pornstar like rides. then she makes another surpise visit last day in january but doesnt want to do it doggystyle and its a huge red alert that something going down. But you decide to play the game and wait for another visit because maybe she was having a bad day or something. That wait turns into a few weeks, then a month, then 4 months. You see the facebook posts of her friends like "shes single still" and all her orbiters talking like "your too good for that type of dudes, come hang with us" and she likes your posts of some lame ass memes every now and then. And now here we are hitting with that 7k mark and in the back of your mind you think you know the cycles of her ways thinking that she'll come back in december or february for some fucking. The other half of you thinks maybe that was it, maybe that was the last time and should move on.

[Anonymous No.10919993]

>>10918546
There was an eoy announcement by sergey coming up. Price was still lagging way behind other currencies. I think it hit 1 usd around eoy 2017, people were thinking this picture that shows the chainlink future price chart was correct, just one month off, and mainnet would be announced by q1 2018 and the peice would be 10 usd

[Anonymous No.10920020]

>>10919138

People were saying there was a bubble since eth hit $50 in May 2017 you absolute brainlet. These people were delusional.

[Anonymous No.10920023]

>>10919875
holy fucking topkek that was brilliantly spot on

[Anonymous No.10920177]

>mfw pink tuesday

[Anonymous No.10920180]

>>10918329
it was glorious

[Anonymous No.10920239]

>>10918575
Underrated post