/biz/ - Business & Finance

[Anonymous No.25943403]

You are in a bubble, you greedy pigs. Look at how euphoric and irrational this dumb market is right now

Top 40 shitcoins, most of them with extremely low usage and just telegram bagholders, are unicorns with over $1b in market caps

Robinhood - 13M users = $11 Billion valuation
Bitcoin Cash - a few hundred telegram bagholders = $9 Billion valuation

Discord - 300 Million users - $7 Billion market cap
Litecoin - Abandoned shitcoin with maybe thousands of active users - $9.7 Billion market cap

Epic Games - 100 Million users - $14 Billion market cap
Cardano - Telegram bagholders - $1 Billion market cap

And I can go on and on with this shit.

[Anonymous No.25943426]

>>25943403
Tesla - A car company - $800 billion mcap

[Anonymous No.25943431]

>>25943403

correction: Cardano - $10b market cap

[Anonymous No.25943453]

>>25943426

You failed. It's more than a car company

[Anonymous No.25943475]

>>25943403
>Let me compare crypto mcaps to individual company valuations
I bet you compare the weight of floppy disk stacks against buttered bread and complain about that also.

[Anonymous No.25943568]

>>25943403
>XLM; the future of the $1T+ remittance industry
>$6B marketcap
jeez whiz thanks OP I feel a lot better now, clearly there’s no better opportunities in this market

[Anonymous No.25943639]

>>25943475

Yes...

If you think that any of these abandoned shitcoins would have deserved to be worth more than SpaceX in a prolonged BTC bull market, then you are pretty insane

But luckily for this world, this bubble will have to burst now. You are just greedy at this point. There has to be an equilibrium

[Anonymous No.25943650]

>>25943453
That's his fucking point

[Anonymous No.25943668]

>>25943403
why did you make the same thread twice?

[Anonymous No.25943682]

>>25943639
When is it going to pop

[Anonymous No.25943823]

>>25943682

Don't have a crystal ball. Might be right now, I don't know. Just wanted to showcase those examples

I think it's important data to look at when thinking about investing in this market

[Anonymous No.25944239]

>>25943639

Funny you say this since Cardano’s whitepaper was worth more than SpaceX and Dropbox at the 2018 peak kek

It was funny to watch the market then as it is now. Stay safe friends

[Anonymous No.25944353]

>>25943568
Gonna buy more XLM with my poorfag salary this month. I'll be eating beans and bread.

[Anonymous No.25944560]

>>25944353
>>25623869

[Anonymous No.25944623]

this is why im all in chainlink

[Anonymous No.25944676]

>>25943639
Market cap doesnt mean what you think it means

[Anonymous No.25944810]

>>25943403
haha nocoiner

[Anonymous No.25944912]

>>25944623
Same

[Anonymous No.25944977]

>>25943403
not reading, not selling. you had 10 years.

[Anonymous No.25945724]

>>25944353

You’re basically buying the same shit as XRP

[Anonymous No.25946628]

>>25943403
You're right but writing about this doesn't stop people from throwing money into it.
It would take a giant economic collapse to reset the system for things to make sense again.
It's ok if that means collapse of the west and Chinese domination.

[Anonymous No.25946660]

So what you’re telling me is
RIOT 60c 11/17

[Anonymous No.25946868]

>>25943403
Imagine being this retarded.

[Anonymous No.25946873]

>>25945724
exactly, and that's why it is good.

[Anonymous No.25947213]

>>25943431
I have been in the game since 2017 and I still dont know wtf cardano for and why is it always on top.

[Anonymous No.25947388]

>>25943403
Meanwhile Monero will dominate a 32tri USD offshore market and is still valuated at 2bi dollars.

[Anonymous No.25947504]

>>25943453
> Falling into his trap

ngmi

[Anonymous No.25947647]

>>25943403
yeah you're right most of those are vaporware. Eventually all the money from them crashing will go into AVAX

[Anonymous No.25947726]

>>25943823
Ahahahhahahahahaha
Do people at discord pay all there money into it? No, so fuck your Mcap

[Anonymous No.25947738]

You sound like a poorfag