/biz/ - Business & Finance

>>10850803

Wow, a million dollars!

What's that inflation adjusted, by the way?

Enough to buy yourself a timeshare 20 miles away from the beach, and a luxury coffin with flashing LED light interior?

Truly a masterful investor.

All of you faggots are hilarious. It's all so obvious isn't it. You missed the boat on Bitcoin, now you have to sit around convincing yourselves that you are going to make money from crypto.

Too fucking late. You're never making it.

Ethereum is a bloated sack of shit, and even if it works, it's a solution for a problem that nobody has. The financial services industry will be making their own platforms for smart contracts because they can, hence the work that Blythe Masters is doing. Not that this work is of course useful to anybody because all it amounts to is a shared SQL database. You can't make trustless, smart contracts as you still require human input and verification at each end. It's like trying to speed up a car by putting more wheels on it.

Bitcoin is the only useful crypto because it fulfils its one limited purpose of being a fungible digital asset with predictable scarcity, and also the world's first decentralised MMO pump and dump scheme.

All of the shitty little niche cases like 0xBTC are a fucking joke and depend on the naivety and desperation of you faggots who can't face the fact that you missed the easy money train on crypto and now you're all forever poor, sat around chasing dreams like a bunch of burnouts sat around at the local bookmakers betting your last savings on a horse that loses.

Just get a job and shut the fuck up.

>>10400430

Unfortunately for you, 10% of the mined supply got stolen, and the exchange carrying 80% of traffic went down right about the time that we had the last "bottom".

That hasn't happened this time. In fact there's been basically no bad news at all.

The chances that we will have the same extent of bear market is almost impossible, it would be admitting that Mt Gox implosion and hack had no effect on price at all.

For this reason, we're not going below ~5K. You'll get some sideways price consolidation, and then the train will be leaving with all the clueless bear tech analysts like Tone Vays and that Hyperwave boomer, and Peter Brandt all just stood at the station like a bunch of dumbfucks, waving frantically as they watch both their gains and professional credibility go swirling down the shitter.

The fact that everybody is saying this tells me that either it's never going lower than 6k, or the bottom is 2.5k

>>9814238

You realise that the previous bear market was somewhat influenced by 1/10th of all mined Bitcoins getting stolen, right?

How in the name of fucking Christ do you believe that we're going to have the exact same bear market again without such an enormous event?

did someone order a JUSTmobile?