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

/biz/ - Business & Finance

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57888710 No.57888710 [Reply] [Original]

anyone else noticed this?
I feel like last bullrun was a turning point.
its been getting dumber every bullrun, obviously, but it never fails to shock me how dumb.
last time it was cumrockets and dog coins...
this time its... dog coins again. not only is it getting more stupid, but less creative. it feels like some critical mass of information sharing has hit the biggest mongs of society.

>> No.57888727

other than crypto its AI generated shit. or just standards dropping on everything. it feels like the barrier of entry is lower on everything now. there are more absolute mongs in everything compounded by AI. people think the entry barriers are higher, but i realised its literally the opposite. the absolute retards of society have got to a point of trying to get into things they never would have tried before, and complain about the high entry barriers, but in reality that is only to the retard masses now here.

my mate works for an old investment firm, and they told me when GME was popular they'd get all these weird calls from people who only owned GME with them, asking questions about total open short interest and other stupid shit, that these tards obviously dont understand and read on plebbit. these people would not have the access to this shit before.

>> No.57888767

this has also changed the investment landscape significantly.
we now have absolute armies of retarded 20-40 year old people who would NEVER have the information or means to invest before, and if they did they would be better informed or somewhat smarter.

This is why shit like reddit fagg stocks moon now, and why normies run straight for the dog coins. not only are they retarded, but they are not creative. so things are getting down to the lowest common denominator, and the culture surrounding lots of things that would not have in the past, are now catering to a way lower common denominator than ever before.

>> No.57888781

>>57888710
>>57888727
I think a big reason aswell is that browns now have all internet and get into these sort of things
They are truely retarded often kek
Just check them on telegram at shitcoin groups.
20 years ago at least half of the internet was white men, and content creating way more.

>> No.57888834
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57888834

lets apply this to the current situation with BTC.

previously the halving effect was debated a lot. as was the rainbow chart.
in 2021 bull, people clung to the rainbow chart(normies) because it had moved from debated to "guaranteed" - it then failed. obviously.

Now, the halving effect has filtered down the the lowest common denominator. its taken as a gospel guaranteed thing. This is why we tested ATH PRIOR to the halving for the first time. every retard thinks its guaranteed money to but for the halving...
I'm thinking that it is priced in for sure. top signals everywhere. we're going to see a significant correction before ATH is meaningfully broken late this year or next year. i'm talking enough to drive out the type of people who took it as gospel - so probably around 40k levels.

the fact that dog coins are going mental right now proves this more than enough to me. the lowest common denominator has lost all creativity - they run for the dog coins immediately now.

>> No.57888848

>>57888781
for sure mate. it reeks of indian/brown. the funny thing is, they out number western normies significantly - so western normies are literally being lead by the indians without knowing it

>> No.57888858

>>57888834
Thats just smart money frontrunning things tho...
I called it in 2022 that the bullrun will be before the halving

>> No.57888886
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57888886

>>57888834
Oh also yes for sure im actively selling and im looking for a summer slurp

>> No.57888903
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57888903

gongo up

>> No.57888907

Almost
>>>57888888

>> No.57888931

>>57888858
I disagree personally.
nothing ever changes. it is not different this time.
we are going to get a meaningful correction, and ATH will be the year after the halving.

all that this situation shows is how the first sell off comes is going to be a different "reason" as it always is, but it will happen. this time its simply due to people taking the halving as gospel, right down to the indian tards. read reddit right now and people are shoving moeny hand over fist into BTC and fomo. i have never seen so many top signals this early on - and that is all that matters. they are top signals for the first sell off

>> No.57888954

>>57888931
>nothing ever changes. it is not different this time.
Nah
Its different every time, just similar

>> No.57888974

>>57888931
>top signals
Today at Eurochad hours i have seen an extreme case
>>>57884648

>> No.57888998

>>57888974
good one.
these people are gonna be flushed out on the first sell off.
then when it approaches ATH again later, there will be less interest and more apprehension in general.
those people will come back at that point, when it is meaningfully broken and we move towards the cycle top

>> No.57889050
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57889050

>>57888710
what can I say anon?
I'm an AGRS holder since 2017, literally had a 60x now
the bullrun is the best thing that happened to me but I don't know if it's time to sell

>> No.57889054

Also, lets elaborate outside of crypto on this effect of the mass of retards/browns getting into everything now and lowering the lowest common denominator.

computer programming. people seethe how "hard" it is now, how its harder than ever to get into it, it is saturated. KEK.
its saturated if you are an indian, or a retarded normie. which these people ARE. its so saturated with these retards, that is never been easier to stand out if you arent one.

however, from their perspective, its extremely saturated and hard to standout.

>> No.57889138

>>57888710
It's not just Crypto that this sentiment applies to.
technology is the death of humanity. Ever since the proliferation of the internet and especially smart phones it has been a downward spiral of people have becoming dumber or more specifically less creative and less capable of critical and original thinking. They have abdicated that responsibility to the technology/algorithm that dominates every waking moment of their lives.

>> No.57889206
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57889206

>>57889138
definitely. people are all scared of AI and chatGPT, and to be honest, those retarded masses like the indians and normies should be, because its all they are capable of.

i want to talk about computer programming again. the freelance side is so saturated with these people now, and chatGPT has made it worse. it is SO bad. people do proposals with chat GPT, try do the work with it etc. THESE are the lowest common denominator types that think its "saturated".

if you have any skills at all, and are not one of these people, it is easier than EVER before to stand out above them.
i'd be very interested in people who have observed this effect in their own hobbies even, or professions or whatever.

>> No.57889404
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57889404

>>57888710
Dude totally disagree... in the past people were invested in BitShares, SiaCoin, Bitconnect, PeerCoin, NameCoin, Factom and shit.

Now I'm invested in the actual tokenization of securities, bonds, and diamonds. I'm also in driving data technology and actual mobile phone tech powered by blockchain. I could go on, hope you get it.

>> No.57889535

>>57888886
if i make it my life will be this picture

>> No.57891012

read this faggopts