/biz/ - Business & Finance

[Anonymous No.16760356]

Efficient Market Theory would suggest a bunch of incel neets making well under 100k a year would not have access to a market like crypto, where returns of several hundred % are common on relatively small time horizons.

So, how the fuck do we have a competitive advantage as 4chan losers cooming to vichnu brappers, kpoplastic, and loli animes? How did the trillionaires, centabillionaires, decabillionaires, billionaires, centamillionaires, decamillionaires, millionaires, and 6 figure doctors, lawyers, & general chads fail to price us out of the market in time?

Surely the price won't simply go to 20k, then 30k, then 40k, then 50k...and give us an opportunity to sell at massive %returns for 2 or 3 years to come?

[Anonymous No.16760635]

>>16760356
It's just that losers happened to find a really good idea, and then stupid/smart people also found this idea and more retards are giving demand.

[Anonymous No.16760655]

Which neets are we talking about?

[Anonymous No.16760670]

Most normies still didn't buy into it in 2017, they were merely primed for it.
Wait until the next bull run when shit is gonna get wild.

[Anonymous No.16760692]

>>16760356
the autism of this place keeps well adjusted normies away

[Anonymous No.16760718]

>>16760356
anything is possible, people made millions off eth and billions of BTC, some everyday people others long time investors. One thing I can say for certain about the future, technology is not going away and it will only advance more, Obviously crypto is the future because paper money is obsolete in many ways not only logistically but from a financial standpoint. First it must be regulated, then it will become "the standard". We are still in the process of regulation, once that happens we will most definitely see gains.

[Anonymous No.16760781]

>He still doesn't understand that 4chan is the crucible of western thought and a gestalt hive mind more powerful than any force on Earth.

>He doesn't understand that browsing here puts him in the top .001% of humanity and gives him information asymmetry over virtually everyone he will ever meet.

>In spite of this, he will make it, secure generational wealth for his family, and continue his bloodline as we reach toward the stars.

[Anonymous No.16760907]

>>16760781
This is unironically true

Some heroic anons should start gore generals when the next normie wave hits though. 0.001% is too much

[Anonymous No.16761020]

>>16760718
I'll also add to my post, anyone can see where we are heading. AI is making big advancements, this will usher in automatic stores and services, only fueling technology more. when you have AI services, you need a currency that it can transact in without having to exchange physical bills so it can work efficiently. Japan is already doing this as most konbini and love hotels people pay with credit/debit or preloaded cards and rarely use cash. The future is pointing towards AI and cash is not compatible with it, So you have to find what is and crypto fills that role perfectly. Cash fit a purpose for the past 100 years and the technology we had. Cash registers will be a thing of the past in the future. The reason this new technology is not put into place now is for a couple of reasons. Our telecommunications aren't fast enough on wireless to support these new technologies, which is why 5G is coming and will power the fastest cloud networks known to man. AI itself is still being developed, but it's guaranteed within the next 5 years to make major strides that will make it become mainstream everywhere. All this is assuming we are still alive.

[Anonymous No.16761175]

>>16760356
1) Efficient Market Theory is a meme.
2) I'm betting crypto's burned far more people than given people success.

[Anonymous No.16761186]

Believing in the EMH is what made me miss the 2017 bull. Never again