/biz/ - Business & Finance

>>10619822
Poe's law.

>>9951279

BTC futures was in november? idont see how it cuased the huge pull back last July.
the pull back on eth started at the 0.15 rejection, and then BTC crashed in august which probably made ETH continue to plummet.

maybe it was as simple as a huge rally needs a huge correction?

market has become an atm

Why would a platform (say a bank) need to use any shitcoin ever over ETH for smart contracts? why would they trust random pajeet team or chinks or no named faggots over the turst and clout the ETH team has built for example? this is a huge blockade.

the more I study smart contracts the less sense it makes. If ETH can increase its TPS, and its move to POS is a success it is literally going to make everything else obsolete.

Supply chain coins make sense to me, but even they could be done on ETH.

I'm losing faith in alts every day, and i think it wont be long till they all bleed to nothing, and only BTC, ETH, and a small handful of already top 10 coins stay.

>>9652612

the bears literally have no steam left at all. they NEED to push it below 6.4k for a further retrace but thats not happening now without some catastrophic event.

now its just an accumulation bottom of a wyckoff cycle. its trying to go up organically but obviously whales and market makers are just liquidating the degenerate gamblers and depressed neckbeards. let the shorts pile up.

You have the power of god to make another board? Thank god we are saved

https://www.thestreet.com/story/11665402/1/10-best-selling-cars-in-americas-wealthiest-zip-codes.html

E-class and S-class are by far the most common drives by wealthiest zip codes

1. Manhattan, N.Y., 10274
Average income: $5.7 million
Top car: Mercedes-Benz E-Class

he E-Class and the nearly $60,000 BMW X5 rank 1 and 2 on this ZIP code's wish list, but its affection for the Honda Accord ($23,070) and CR-V ($29,575) tell the bigger story of car ownership in this area. Owning a car of any sort here is a luxury, and if you're paying Soho loft prices just to park a car you might take out to the Hamptons or Berkshires every few months or so, it pays to aim low.

https://www.youtube.com/watch?v=J0zhd268eVk

>>8877079
Honestly I believe capping btc to 21m is a bad. It will rise until it hits 21m then it will decline because there is no more mining and slight inflation

>>8778616
the need to make more money never goes away, people dont really change with age. and billionaires compare themselves to other billionaires, if other billionaires have more than them they will try to become wealthier than them. youll always be fighting in a league of similar people

>>8751717
He is the biggest man in the world

I think bitcoin collapsed even before it had a time to form a proper bubble the rise was so fast. Same thing happened in 2014

>>8009895
>HODL in the gold digger
>not in the shovels and pickaxes that sculpt the gold digger's face
You fucked up, son.

Last buss to 100k leaves now

>>7184735
btc will be 50k in three months

Bitcoin is king. Even losing 50% dominance and some of its karats won't be enough to keep the king down. People still emulate Elvis. Eventually the alts will falter and the only ones reigning are the tried and true. Of which, BTC is the keystone.

I can only go by personal experience in the last alt rush of late spring, but the gains in alts are diminishing and getting more esoteric and dependant on rumors. (less a general pump and more of a buy the rumor, sell the news) This is a sign. Cash out most of your alts, hold them in BTC, and wait for greener pastures.

For those of you with a majority in BTC, what do you have left in alts and why? Personally, I hold some ETH and LINK because ETH is stable and LINK is acting strange and I'm thinking it's starting to do a money snake before BTC does its thing.

>inb4 stinky linky

>>5753596
damn Niggers

new money waking up to crypto. this is 1% early adopters

wallstreet coming thru, cme, this gonna 30k before next summer

100k

problem is there is nothing left to spend the cash on, i cant figure out anything to buy that would make me happier