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55289483 No.55289483 [Reply] [Original]

He's right, you know. We should be thriving yet here we are.

>> No.55289496

Why do you think the SEC is going after crypto NOW

>> No.55289499

We've all been thinking that honestly.

>> No.55289548

defi works under stress
banking sector doesn't
retard can't see it, just keeps looking at price during a liquidity crunch that can't sustain itself

>> No.55289562
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55289562

>banks failed
>dollar is rekt
this didn't happen

fed wanted to turn off techniggers' free money and 90% of them started panicking and 10% tried to spin up le collapse narrative and you clowns bought into it

bitcoin is worthless but not because it underperformed, but because it doesn't do anything.

>> No.55289571 [DELETED] 

>>55289483
It’s very simple, it’s a commodity that has failed as a currency (it’s intended design) and is still worth $1 trillion. Unless the world fully embraced blockchain and it takes the marketcap of gold it is not going on another epic run.

>> No.55289579

>>55289548
>Defi works under stress
>Get more than a couple hundred users and the transaction fees skyrocket
What services does "defi" even provide?
(Loaded question of course, I already have responses for all you gay "usecases").

>> No.55289600
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55289600

> speculative assets with no use case dump during bear market
yes, and?

if your main thesis is buy X because it will outperform all others when the apocalypse begins, then yeah i get why you pay elon for a blue tick

>> No.55289620
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55289620

>>55289579
>couple hundred users

>> No.55289652
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55289652

>>55289620
You're right, it's actually more like a couple dozen.

>> No.55289666

>>55289579
>what service does "defi" even provide?
Decentralized trading? Wtf js this question

>> No.55289805

>>55289579
no one tell him

>> No.55289869

>>55289562
/thread
//biz/

>> No.55289945

>>55289666
>Gambling on shitcoins is the only thing you can think of
>On a chains where transaction costs can vary wildly
>On networks that have latency
>On networks where everything you do is public and MEV bots are waiting to rape your positions
>With wallets that can be easily hacked unless you buy a $200 flash stick, even then you could still get an approval hack.
Nice service.

>> No.55290512

>>55289483
honestly the masses are too stupid. even king boomer trump thinks the usd should be king

>> No.55290728

any currency that isn’t understood by or traded by a layman will end up valueless, as it is the layman who tills the soil, the layman who’s soul feeds us all.

>> No.55290744

>>55289620
DeFi is completely fake and propped up. It's like a scammier version of TradFi

>> No.55291401

>>55289483
it is literally magic internet money. the fact it is worth anything during a crisis arguably worse than the GR is incredible. it will moon when it moons just be patient.

>> No.55293780

>>55289483
>bitcoin failed
>1 bitcoin is currently worth 26 thousand dollars
ok.jpg

>> No.55293807
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55293807

>>55289483
Gainzy is a jew.

>> No.55294058

alts only thrive when the going is good,
and ethereum only thrives when alts are thriving.

the only evergreen asset in this market is bitcoin.

>> No.55294094

>>55293780
he's just another late arrival midwit that doesn't realize when everyone else realizes the crisis it's too late.

>> No.55294122

>>55289945
Nide cherrypicking, only retards get hacked, and just because you trade on cex doesnt mean you have to gamble, fucking retard, go back to kikebase then

>> No.55294123

>>55289496
price rising is not success. adoption is. adoption is very low. bitcoin is just another commodity to wash trade.

>> No.55294202

>>55294123
I wasnt referring to prices rising retard, look around you

>> No.55294222

>>55289548
Muh defi. No one uses that shit.

>> No.55294226

>>55289562
leave it to a redditor to outright deny economic instability.
we've been in a recession for 2 years at this point and another 2 to go.
you might call right now the 'eye of the storm'

>> No.55294235

>>55289483
>perfect usecase for BTC
why do people act like this shit can actually be adopted on a global scale, it simply can't handle it. it can't even handle ordinal shitcoins without falling apart.

>> No.55294236

Poison beans/crackers

>> No.55294238

>>55294122
check'd
>>55294222
check'd and beat the original check

>> No.55294295

That jewish chad fucked Maren

>> No.55294327
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55294327

>>55294295

>> No.55294368

>>55289483
This is the same market that thinks XRP and ADA are top alts.
There's literally nothing about this market that's bullish, it deserves to crash and burn to ashes.

>> No.55294380

>>55289562
>bitcoin is worthless but not because it underperformed, but because it doesn't do anything.
Yeah, except function perfectly for 14 years, proving the absolute viability of blockchain.

>> No.55294389

>>55289483
yes i am bullish

>> No.55294399

>>55289945
>>Gambling on shitcoins
You know there are massive exchanges around the world that have existed for hundreds of years dedicated to this same use case, right?
Except they're elite clubs that are under the stranglehold of the few.

>> No.55294433
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55294433

That wasn't the window with which is was supposed to turbo thrive that window is right after the halving. These retard can't measure performance because they don't know when to sell.

>> No.55294450

>>55289483
gainzy is a drug addicted gambler with close to the worst track record on CT. nice thread fag

>> No.55294454

>>55294295
>imagining other men having sex
The jewish mind is a fucking nightmare.

>> No.55294533

Bitcoin has tracked the SP500 almost perfectly outside of random buying frenzies. Something that was very comforting to me recently was watching it surge 25% while stocks as a hole slumped by -10% during the bank failure fear. That indicates that there are scenarios where it is a hedge, even if it typically correlates.

>> No.55294542
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55294542

>>55294295
>>55294327
>>55294454
Its over

>> No.55294544

>>55289483
>1pbitd
Hi Gainzy you fucking faggot.

>> No.55295522
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55295522

>>55289483
i mean it isn't an on/off toggle switch. you might have to wait a bit longer to be able to buy cigarettes and malt liquor with crypto

>> No.55295543

>>55289483
has he ever posted a good trade that wasn't a copied trade from one of his friends?

>> No.55295657

>underperforming

yeah... what??? 5 years ago I bought btc at like $8k and ETH under $300.