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/biz/ - Business & Finance

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17900688 No.17900688 [Reply] [Original]

What went wrong?

>> No.17900921
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17900921

lets not talk about it

>> No.17900937

ETH price does not matter at all. it can be $0.5 and the network will be functioning. think about that

>> No.17900956

>>17900937
Then why the fuck are we here?

>> No.17900978

>>17900956
bag holding

>> No.17900980

>>17900688
SINGLE. DIGIT. SHITCOIN

>> No.17900998

>>17900688
It hasnt accomplished anything and it has no buy pressure.

>> No.17901014

>>17900688
>BTC goes down
>ETH goes down
Truly a puzzle.

>> No.17901030

>>17901014
Why is that the case if ETH is superior?

>> No.17901041

>>17900956
to sell it to those who don't know that

>> No.17901051

Considering the intrinsic Ponzi mechanism behind ETH, I’m surprised it isn’t a single digit shitcoin yet.

>> No.17901102

>>17900688

nobody gives a fuck bout defi. its just a plan for ethereum devs to enrich their buddies and cycle funds through to try and make more money. ponzi

>> No.17901375

>>17900688
High inflation.

>> No.17901484

>>17901030
>ETH is superior

We haven't hit the bottom yet

>> No.17901531

>>17900688
Crypto is starting to outperform the stock market, which suggest the "safe haven" meme is back on the menu.
Once the strengthening of the dollar reverse, and inflation replace deflation, crypto will go to the moon..

This is fucking it, literally +100K BTC, +1K Link, +10K Eth EOY.

>> No.17901542

>>17901531
zoom the fucking out retard

>> No.17901608

>>17901542
you fool.. It's happening, the financial system as we know it is crashing, with no survivors.
The central banks and government are printing money like lunatics, corporations will default on their loans en masse.

What will be left? Precious metals and crypto.

https://www.youtube.com/watch?v=5l4OEJ38aLY&t=184s

>> No.17901624

>>17901608
SPX is still up 12% since 2018
BTC is down 75%

>> No.17901707
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17901707

>>17901624
the stock market is in a free fall, it is unprecedented how fast we are falling.
The most rapid the market ever feel in the financial crisis in 2008/2009 was 6 times slower than what we are seeing now, we literally had a percentage drop the last month, which at no point was matched in a 6 month period during the last financial crash.

Nothing you said matter, Bitcoin is valued relative to shit, bitcoin can rise if shit starts burning.

>> No.17902267

>>17901707
Yep and that's including all the breakers that limit losses in the stock market as well as huge liquidity injections by the US. If the markets were allowed to drop more it probably would.

>> No.17902325

>>17900937
Defi apps like MakerDAO can't function with ETH at 50 cents since ETH is currently the main form of collateral.

>> No.17902363

>>17900937
This is exactly why I am all in on CKB