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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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57603427 No.57603427 [Reply] [Original]

/biz/ humor thread

>> No.57603436
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57603436

/biz/ should be a pass only board to stop all the bots and jeets

>> No.57603437
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57603437

kek i made that thread

>> No.57603452
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>>57603437
based
i replied to it

>> No.57603458
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>> No.57603461
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>> No.57603465
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>> No.57603480
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>> No.57603486

>>57603458
oddly specific lines in there...

>> No.57603485
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>> No.57603500
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>> No.57603502

>>57603465
coins actually being worth something is coming back to bite them in the ass with inflation tho
>>57603436
kek

>> No.57603519
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>> No.57603525
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>> No.57603529
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>> No.57603532
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>>57603485

>> No.57603542
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57603542

>>57603485
>>57603532

>> No.57603544
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57603544

>he thinks he will make it this time?

>> No.57603552
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>> No.57603557
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>> No.57603560
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>> No.57603566
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>> No.57603568
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>>57603485
>>57603532
>>57603542
a story of 4 parts

>> No.57603571
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57603571

going out to the gym will continue in a bit please keep the thread alive

>> No.57603609
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>> No.57603611
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>>57603427
>>57603436

>> No.57603616
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>> No.57603624
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>> No.57603673

>>57603616
>they increased the gas price instead of the gas limit
holy kek now I see why metamask relegated this to 'advanced'

>> No.57603684
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57603684

here's another classic

>> No.57604362
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>> No.57604364
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>> No.57604372
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>> No.57604399
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57604399

>when youre a wagie accumulating during a bearmarket

>> No.57604411
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>> No.57604499
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>> No.57604524
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>> No.57604548
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>> No.57604566
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57604566

>jeet eet

>> No.57604647
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>> No.57604660

>>57603436
if this board actually provided any value, maybe

>> No.57604692
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>>57603611

>> No.57604821
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57604821

im almost out guys

>> No.57604876
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>> No.57604886
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>> No.57604894
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>> No.57604898

>>57603436
All we need is flags like /int/, and then you can just automatically disregard all the browns. Jannnies don't want to see it happen because it will reveal that 95% of the population here is jeets at this point.

>> No.57604905
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>>57603452
kek this is me even at 37 years old

>> No.57604916
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>> No.57604939
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>> No.57604938
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>> No.57604943
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>> No.57604954
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>> No.57604961
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>> No.57604975
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>> No.57604997
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57604997

Allright boys
hoped you got a laugh or two im out of material

>> No.57605482

>>57603624
still yet to be topped

>> No.57607461

this board is really dead

>> No.57608101

>>57607461
yep

>> No.57608575
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57608575

>>57603427

>> No.57608663

>>57608575
holy shit we're really going sub 10k aren't we...

>> No.57608787

>>57604997
thanks op

>> No.57608900

>>57608575
Ordinal transactions gone back down. So what will hold up the miners? The moment we go bellow $40k REAL network security will have to suffer. No matter when in this cycle. I said "real" because retards are celebrating more hashes/kWh as something that increases network security.
I don't understand how not many people are talking about this. Fee to block subsidy is still at a few percentage points. What will miners do when their rewards halve? This whole preemptive bullrun is also nonsensical. Do you really think 1 piece of Bitcoin is worth a man's yearly salary? What's driving the price up? Institutions? Do you think that will be anyhow sustained? Institutions most of the time act as intermediaries between the public and asset. They mostly have acquired their liquidity by now.
Speaking long term:
>is Bitcoin immune to geopolitical or macroeconomical stress?
Ah, like with the rate cuts or COVID? Not really.
>is Bitcoin the long-term hedge against inflation?
As much as gold is. But gold is gold, it won't erode. Most tech startups don't last more than a decade, why should Bitcoin? More importantly, why should anyone trust that it will?
>is Bitcoin an alternative asset class?
Why not gamble on Wall Street like a normal guy, they've got an infinite amount of options for options (pun intended). Why go with the underdeveloped capital markets of Bitcoin?
>is Bitcoin the new high-returns, high-risk asset class?
I give it to them here, but why not biotech or AI or whatever is the new buzzword?
Short term, I don't care. We can even go to $100k. But long-term (next bear market to next cycle) I'm struggling to see how will Bitcoin hold up. The TA converges or reaches an asymptote and in fact Bitcoin has been making lesser and lesser returns each cycle.
>2013 cycle, from $13 to $1100 -> 85x
>2017 cycle, from $1100 to $20k -> 18x
>2020 cycle, from $20k to $63k -> 3x
What will 2024/25 hold? 1.5x? Sure it will hit the mystical $100k, but what's the actual future in here?

>> No.57608931
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57608931

>muh institutions

>> No.57608946
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>> No.57609082
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>>57604499

>> No.57609149
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>> No.57609189
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>> No.57609228

>>57603624
Absolutely incredible

>> No.57609326
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>>57607461
Sorry bro, thanks for the giggles.
I just can’t be bothered to solve this fucking captcha anymore, I’m tired of it killing my lifetime