/biz/ - Business & Finance

[Anonymous No.12984698]

What was the sentiment of /biz/ on previous bear market bottom?
Any oldfags remember? It could help to identify the actual bottom when it happens.

[Anonymous No.12984705]

>>12984698
I only have 300k Link which is nowhere near enough to actually make it.

All these Linklets with 10k stacks singing about 1k eoy are starting to piss me off with their propaganda. It was a joke and they are actually believing it and causing FOMO in newfags preventing the dump. I need to make it to 300k before mainnet for fucks sake. Link is only going to $10 max. Right now I might make 1MM before tax on that, but tax will take a big chunk out of that then inflation will fucking ruin me over the next decade.

Even if I chuck the 1MM into a dividend stock that pays out well and I get 70k a year of it, it's not enough to beat inflation unless I basically live in poverty as a neet and keep my wagecuck job in the meantime so I don't have to sell any retirement Link. In 10 years that 70k a year will feel like 20k a year. You need a minimum of 2MM, but more likely 3MM to make it. The upper predictions for Link where about $60 but that was made during the bullrun of last year, and it assumed that the overall crypto market cap would still be expanding and BTC would go on to 1MM a Bitcoin and that we would be in a full blown crypto FOMO hype bubble when mainnet came out and we got our price singularity. All of that isn't going to happen anymore.

The singularity is cancelled. Now we will have a slow growth to $10. And the sad but ironic thing is most people on this board will hold from 20 cents, to $10 and then hold all the way back to sub $1 again because you all believe the 1k eoy memes, and just like the retards who held BTC and didn't sell at 19k, you will do the same with Link at $10. Looking at the current charts depresses the fuck out of me when I know I only have 100k Link, nowhere near enough to make it.

At best I will have 1-2 sweet years, and then return to wagecucking after that. But it will be worse because I will have tasted freedom and know what I am missing out on.

[Anonymous No.12984709]

The bottom is when everyone gives up hope, thinks crypto is dead, and think its going to 0 or going down forever with no end in sight. This will be sub $2k BTC, and probably sub $1500.

[Anonymous No.12984710]

>>12984705
shhhh

[Anonymous No.12984711]

>>12984705
Cringe

[Anonymous No.12984713]

>>12984698
Just buy high and sell low

[Anonymous No.12984725]

>>12984710
>>12984711
The ico had 32m cap. To buy presale you had to buy in chunks larger than 300 eth. Surely there were some bizraelis here. Now. When ico went live, the available market cap for purchase jumped instantly to 30million, leaving only 2mil left for purchase during the ico outside of presalers. In order to participate in the ico, you had to purchase minimum of 100 eth. This is where most of biz came into play. There were several pools being shared around etc, but they were mainly in the ico camp, not the presales. The remaining 2 mil market cap sold out in about 5 mins counting a 3 min site failure due to traffic. So, Biz honestly does only make up probably 5 percent or so of the link holders, not counting the few large biz whales who were in presales. Infact, 95% of the circulating supply is in the top 100 wallets.
What assblaster said was right, we werent meant to have this, and they want as much of it back as they can get.

[Anonymous No.12984724]

>>12984698
Literal chaos and strife, everyone crying over how nothing's ever going to come out of crypto market, dozens of troll threads with people who thought they lost everything trying to keep calm by laughing at other losers. People selling fucking everything and crying about having completely fucked up. It was kinda horrifying. I was literally a read-only nocoiner trying to get a grasp of the board back then, so I didn't lose shit either way, but still, what a baffling display of human misery.

[Anonymous No.12984726]

>>12984705
turn your cloaking device on anon

[Anonymous No.12984731]

>>12984725
your stealth mode is still off, switch it to the "on" position

[Anonymous No.12984734]

the bottom is when half of /biz/ thinks it’s time to buy, then they do and it crashes another 20%, then everyone else thinks it’s time to buy, but then it crashes another 20%, and everyone thinks it’s going to dump again, but then it doesn’t.

[Anonymous No.12984770]

I can't wait to have a white princess when I make it <3

[Anonymous No.12984771]

>>12984724
>what a baffling display of human misery
Hahahahahahaha

[Anonymous No.12984802]

>>12984698
This place is so filled with agenda driven kikes that you'll never get a proper reading. If you think garbage threads like caps lock anon and others are natural, you're wrong.

[Anonymous No.12984805]

Last post of the day. The moment has arrived. The audits are done and version 1.0 is being delivered. The gate to adoption has been opened and one will get the first glance of the plumbing of web3.0. The confidence will make sense in hindsight as the hard work is complete, enterprise is in. March will not only awaken the crypto community but raise eyebrows in the enterprise.
Welcome to the 4ir, talk to you in April

[Anonymous No.12984814]

>>12984805
Que?

[Anonymous No.12984839]

>>12984724
I'm so excited for this. I get this strong surge of energy that fires up every cell in my being by just imaging it. I can't wait anon, it will be glorious.

I literally don't trade but imagining the bottom makes me more excited than imagining the bull.

[Anonymous No.12984850]

>>12984802
what he said ^

[Anonymous No.12984859]

>>12984839
I can't disagree, it is quite dramatic to behold. I have some stakes this time, but I don't feel all that scared about the bottom, more excited. What's going to happen, going to happen. The worst thing one can do in a situation like this is completely losing their cool.

[Anonymous No.12984863]

The bottom is when more people think it will go down than go up.

[Anonymous No.12984868]

>>12984698
it was a nocoiner board. mostly useless business advice threads

[Anonymous No.12984874]

bottom was january when ETH was at $90. you missed it

[Anonymous No.12984882]

>>12984868
Drop shipping and ebay scam board

[Anonymous No.12984921]

Literally can't wait to be the bottom. Being the bottom feels so good. No homo

[Anonymous No.12984925]

>>12984698
what if there is no bottom this time

[Anonymous No.12984939]

>>12984925
>repeating mistakes of the past
Don't fret. It's there.

[Anonymous No.12984972]

When the bottom is finally in it will be uphoric in my opinion. I don't care about how long it will go sideways. Just knowing that at the most we might see a brief 20% loss at the worst from that point on will be all the reason to just keep buying and buying more.

[Anonymous No.12984981]

>>12984972
> Uphoric
Uhhhhgghhh yesssssss anon uphoric me... No homo

[Anonymous No.12985015]

>>12984981
>Uhhhhgghhh yesssssss anon uphoric me... No homo

It will be just as good as jumping into a pile of naked horny cat girls and getting basically cream pie spit roasted.

[Anonymous No.12985216]

>>12984698
people who were paying full attention at the peak completely neglected it for 2-3 years afterwards

other shit happens in the world to distract us

[Anonymous No.12985219]

>>12984698
>bittrex launched bitsdaq a new exchange for asia to compete with binance
>they are giving away 20k BXBC tokes for free
>Its guaranteed to go to $1 at least
>he isn't signing up
>literally getting $20k usd for signing up with a throwaway email

don't be a retard, binance airdropped me 1000 bnb and i sold at $3, this is giving me the same vibe.

ZFEU7UVU use this code to get 2000 extra tokens.

[Anonymous No.12985243]

>>12984925

It's different because fundamentals have changed, there is less low IQ fud (no value, ponzi) and more positivity this time around.

I don't know about you guys but most alts are at a point for accumulation but everyone has different time preferences.

[Anonymous No.12985247]

>>12984698
it was a different back then. crypto was largely contained to a general.

[Anonymous No.12985270]

>>12984698
.

[Anonymous No.12985276]

>>12985219
signed up for this chink exchange
lets see