/biz/ - Business & Finance

[Anonymous No.17078142]

99% of the board seems convinced its guaranteed there will be another bullrun. Even though the market has flat lined for 2 years now and all the normies and boomers have already gotten ripped off and learned their lessons. Crypto is worthless and over valued as it is, what makes you so sure another bull run is inevitable instead of a complete crash. The hype for electronic currency is dead but maybe smart contracts could be the next crypto bubble but I doubt it because normies couldn't understand the implications since its a complex nerd backend thing. I just don't see how something like link could do another x10 before this whole space collapses, it'll obviously never flip Eth or btc. The only profitable coins are low cap pnds but picking the right ones in advance is basically gambling.

[Anonymous No.17078159]

>>17078142

If you aren’t in it for the long haul and still buying you’re the normie.

[Anonymous No.17078182]

>>17078142
>maybe smart contracts could be the next crypto bubble but I doubt it because normies couldn't understand the implications since its a complex nerd backend thing.


maybe the internet will be the next big thing, but i doubt it because normies dont understand the implications since its a complex nerd backend thing.

newsflash, tech is dominating the world and "complex nerd backend" things are being explored and implemented at rates which you couldn't possibly comprehend.
literally yesterday i attended a webinar 2020 predictions for Splunk (industry leader in SIEMs) where they spoke about blockchain being the next big thing this year and beyond.

t. security engineer at FAANG

[Anonymous No.17078198]

>normies learned their lesson because they got ripped off
Are you fucking retarded? Normies forget about how ripped off they get every 4 years when a new mouthpiece for Israel is elected for presidency, they also already forgot about a sand nigger that shot up a gay nightclub killing 50 people and about Epstein for the most part. They have the attention span of a gerbil and will FOMO in when whales pump it. Shits a 4 year cycle I shouldn’t be spoon feeding but most plebs are priced out anyways.

[Anonymous No.17078225]

>>17078198
I only have 5K LINK. Am I going to make it? I am planning to get to 10K soon, but that's about all I can reach.

[Anonymous No.17078230]

I've heard many normies say they'll fomo when bitcoin is worth around 14k

[Anonymous No.17078257]

99% of this bagholders board is bullish

we are still in a bearmarket

[Anonymous No.17078267]

>>17078225
Define making it anon, idk if that alone will give you fuck you money where you can retire and never worry about finances again but it will put you 100x ahead of your peers. If Link is an utter failure we will probably only see $100 at the top but man I’ve got trump vibes from this coins progress in the last year on top of the meme magic so I’d say 500-1k is a real possibility. The memes alone from this coin are some of the most creative things I’ve ever seen on 4chan and I’ve been here since 2010.

[Anonymous No.17078283]

>>17078142
>99% of the board
> the board
try the whole fucking space, it's scary how even the biggest bears just want a low entry for " the next bull run"

[Anonymous No.17078317]

>>17078230
Then why didn't they all fomo in on June 19th and pump it.

[Anonymous No.17078343]

the digital gold meme is not a meme.
when shtf bitcoin will pump

its a waiting game now. hodl or leave

[Anonymous No.17078349]

>>17078142
You don’t get it anon it’s not that we think it’ll happen it’s that life is boring and tedious if it won’t. Another 2017 is one of the few things keeping me going.

[Anonymous No.17078357]

>>17078182
Same, i work at a fortune 10 and their is an internal team of developers and business people that only do blockchain(eth).

Something is going to happen in this space and when it happens it will be huge

[Anonymous No.17078375]

>>17078142
99% of this board is like 50 people. Nobody in the real world gives a shit about crypto.

[Anonymous No.17078387]

>>17078142
when BTC was trading in the $3000-$4000 range during jan-march 2019, this board alongside crypto twitter were convinced we were going to $2k, possibly even $1.3k

and now, way up here at $9.3k, this board + crypto twitter are convinced the halvening is going to take us over $20k, and a bull run is guaranteed.
what comes next?

[Anonymous No.17078417]

>>17078142
Pessimistic doomsayers don't really convince anymore.

Blockchain is not going anywhere. Digital currencies are beginning to become relevant. Facebook Libra being announced last year, etc. This is just going to FOMO in lots of new, naive money one way or another.

You are right in a sense that coinmarketcap and projects will look vastly different in 10 years

But you are naive if the money is just going to leave this rather new market. It's almost as stupid as some people were saying in the 90s that Internet will not exist in 10 years or stupid shit like that.

You are nostalgic about the last bullrun because there were bizarre projects you could make sudden 100x, I mean you could pick out coins blindfolded and made mad gains. You are missing that type of gains and I understand that.

You don't see the big picture and that is why you will never make it.

You are still looking for those low cap pnds and as long as you spend your life in that mindset you will never make it. I wish you the best kid.

[Anonymous No.17078445]

>>17078387
People were also convinced shit like bakt would do a lot and it did fuck all

[Anonymous No.17078472]

>>17078445
pretty sure that's because bakkt is still only offering cash settled

[Anonymous No.17078505]

Barely 1% of people owned any crypto in 2017, and all of them will come running back if there are profits to be made

[Anonymous No.17078531]

>>17078230
same, buddy here told me he'd become interested again around 15-18k

[Anonymous No.17078555]

>>17078198
Based

[Anonymous No.17078592]

>>17078230
>>17078531
kek why do normies not buy until it's at a new ath

[Anonymous No.17078599]

>>17078142
>I'm new
You will have another bull run, not going to put a date on it, thats for the Ripplets. I'd say another '13 is coming, bank solvency can't last forever. Hope this time that too big will fail

[Anonymous No.17078611]

>>17078267
I've been here since 2006 and saw LINK at 15 cents. I can get up to 15K if I go "all in," but that's it...

[Anonymous No.17078612]

>>17078159
based

[Anonymous No.17078634]

>>17078375
>200 billion market cap
>nobody gives a shit.

Clearly normies dont, but normies are normies for a reason. They dont care about any technology until it becomes the norm.

[Anonymous No.17079073]

>>17078592
Ive stopped trying to understand. Someone has to be the fodder.

[Anonymous No.17079184]

>>17078142
>The hype for electronic currency is dead but maybe smart contracts could be the next crypto bubble but I doubt it because normies couldn't understand the implications since its a complex nerd backend thing.
It is 2020 and you still don't realize how important smart contracts are and the possibilities they introduce.
There will be another bull run. It will be fueled by defi and enterprise adoption. All of the focus for defi and enterprise adoption is on ETH.
If you've been in this for 2 years and haven't figured this out, what the fuck have you been doing with your time?

[Anonymous No.17079303]

>>17078592
Normies are herd animals that are afraid to operate outside of societal norms
>when everyone agrees it is safe they then can play along
Markets are designed to take money from these gullible sheep and why the elite have been prospering for millenniums
>>17078611
I’ve got like 8.3k Stinkers rn and a fair amount of BTC, I could grab another 10-20k Link if I really wanted but I figure it’s not smart to put all my eggs in one basket. Will make sure I have at least 10k of them before the halvening though.

[Anonymous No.17079328]

Market has been flat for 2 years? Nigger my LINK has only gone up in 2 years. You faggots keep holding your shitcoins wondering why nothing is happening.

[Anonymous No.17079338]

>>17078142
/biz/ is full of the bag holders from the last bull run, they're just trying to pump their own bags

[Anonymous No.17079366]

>>17079184
>All of the focus for enterprise adoption is on
Corda and hyperledger, not public eth
defi is nothing

[Anonymous No.17079398]

>>17079338
>if I can convince 100 neets on /biz/ to buy LINK I can sell for a profit
How do you believe something so retarded

[Anonymous No.17079657]

>>17078142
i'm tempted to buy 100 coins of random cheap crypto, just to hold on to for a year or two to see if i get lucky.
ALGO, XRP, OXT, XLM, ZRX
got to admit i feel like its 50/50 any of those will take off enough to make me money

[Anonymous No.17079684]

I think there will be an industrial buzz once more, why? because this blockchain shit is supposed to get used in the real world and transform the world as we know it.

[Anonymous No.17079693]

>>17079657
>it worked in 16 it should work now.
fuck me, just buy every crypto

[Anonymous No.17079713]

>>17078182
Bro is the meme that you dont need a college degree true? I really really want to get into infosec. I'm going to college anyway but I'm 22 and only a sophomore

[Anonymous No.17079714]

In terms of adoption bitcoin still has the same # of transactions per day it had in 2017

[Anonymous No.17079725]

>>17079693
well to be fair, i feel like the asian stock markets are going to get hit hard, and i think the younger generations will put their money in other places, so pretty much yeah lol

[Anonymous No.17079748]

>>17079714
No shit because it cant scale. All these retards touting prices like $100k etc are so fucking stupid. As soon as fees go up to $40 this shit will crash.

[Anonymous No.17079774]

>>17079748
>All these retards touting prices like $100k etc are so fucking stupid

Bitcoin is being propped up with fake volume, wash trading and tethers. It's going to be great when it all falls apart.

[Anonymous No.17079779]

>>17079714
bitcoin has no use case
the UX is terrible

[Anonymous No.17079800]

i think bitcoin has value long term, i think over the next decade or 2 it will steadily go up, sure it'll have its ups and downs. but honestly i wouldn't be surprised if it averages 5-10% growth by 2040
but i'm not buying that shit i'm hoping for random crypto to skyrocket lol

[Anonymous No.17079836]

>>17079366
>Corda and hyperledger, not public eth
>what is EMINENT
>what is nightfall
>defi is nothing
2% of ETH is locked up in Maker alone. Denying there is something happening with defi is simply ignorant.

[Anonymous No.17079857]

the "market" does not even exist yet. everything, literally everything that happens on any computer system anywhere in the world will be using blockchain/public ledger/smart contracts in 10 years. imagine doing anything besides holding during the 2nd industrial revolution
>muh shorts
>muh profits
literally enter cryo sleep you retarded niggers

[Anonymous No.17080062]

>>17078142
Signs of bullrun for me, these two: rampant increase censorship in r/cryptocurrency sub, and when lending platforms show increased amount of loans in crypto - an example being makerdao, every time it's dead bear market stability fee is floored, noone is hurry to return their loans, but every time market bulls it's rapidly increasing. And finally but not the least - kys tranny.

[Anonymous No.17080100]

>>17079836
Eminent is a 2 years long side gig where they'll just be writing documentation ie more shit that doesn't matter and no one cares about, it's just more marketing fluff and wolpert is unironically an out of touch out of his depth moron, unibright is also more proof it's nothing but BS

[Anonymous No.17080110]

>>17079857
>
What coins/tokens do you recommend holding?

[Anonymous No.17080122]

>>17078142
99% of this board is pajeet scammers talking to themselves with a VPN to promote the shitcoin of the month. The other 1% tell them to fuck off. Biz has devolved into garbage, scams, and fail human beings buying digital lottery tickets that will eventually be worth nothing.
Its the price a brainlet pays to dream of getting out of moms basement

[Anonymous No.17080131]

>>17079714
Putting the cart before the horse buddy

[Anonymous No.17080142]

>>17078142
The market hasn't flatlined the past 2 years, it's gone up and down from 3k to 12k. I'm not saying the folder bull is here but right now we are in a bull market.

[Anonymous No.17080162]

>>17078142
After the 2013 MtGox crash, everyone said the same. I bought in in 2014-2015. It flatlined for two years, even plunging down to $160 long after I thought it was simply going to be stable for a while, then started taking off rapidly in 2016.

Yes, I think we get another major run. Because I think this will begin to become seriously adopted.

Bitcoin will go up to at least $50K, all the shitcoins and scamcoins will die, and then Bitcoin will continue to rise as acceptance and usage spreads in the real world economy.