/biz/ - Business & Finance

[Anonymous No.6540907]

Just wanted to remind everyone to not fall for FUD, the blockchain is the fucking future, and the fact that people are willing to pour billions of dollars into it is a testament to that.

You think the world will just forget about crypto? Fuck no, technology trumps everything.

People draw comparisons to the Dotcom bubble like its a bad thing. When in reality, the dotcom bubble got to a 10 trillion dollar cap before bursting. We haven't even reached 1 trillion yet, and this is a GLOBAL market there is plenty room for growth. Back in those days people were screaming that the government would never allow the internet to exist because it could undermine their monopoly on information, and look where we are today. Hodl strong.

[Anonymous No.6541028]

That doesn't mean the market isn't going to bear for a year. There are a lot of newfags trying to get rich quick to shake out and a lot of scam projects out there to sort out. On top of that crypto needs a new #1 as Bitcoin was hijacked by Blockstream Core. So until #1 is an uncucked workable product we're probably fucked. Buy XMR and BCH.

[Anonymous No.6541647]

>>6541028
Itll come back faster than that, there are huge amounts of people looking to capitalize on this dip, we all know Bitcoin, even with all of its flaws, is capable of passing 20k again, easy.

[Anonymous No.6541752]

>>6541028
where do you get this from? <bear market for a year>

there a ton of reasons precipitating this retracement and CBOE futures is one of them. the rest is controlled FUD. nothing fundamental has changed to exacerbate a fall back like this. it's just rampant manipulation. when they're done taking profits reversals will take place

[Anonymous No.6541851]

>>6541752
Fundamentals have changed over the past year though. Our reserve crypto doesn't fucking work.

[Anonymous No.6541942]

stop giving them false hope
let it go
let it die
... it's over