/biz/ - Business & Finance

Why is my credit score 900+ according to my bank?

Ive never actually had a loan before in my life (age 36) - but I have a nigger fuck ton of money in the bank (early bihcoi adopter)

So an altcoin I bought 3 weeks ago is up 1000%+

Its a serious project, has software and its own blockchain running, people are talking about how insane the bull-run will be considering its gone up so much already.

I know 1000% seems huge now, the $1500 i put in a month ago is now just over $15000, the project has long-term goals and is not on any mainstream exchange yet. They want to get on Binance in 2024.

Thing is, its already up so much, but he market cap is still very low (under 20 million). So if it goes to 1 billion or more, my $15k will be 50X'd from here which is $750k, and people are treating the 1 billion mark as only the first goal.


What do you think about this?


Sorry I cant say what it is, I dont want to be accused of shilling my own bags.

Obviously all I care about is Bitcoin in the end, but if this goes to 1 Billion marketcap, I'll be able to buy 750k worth of bitcoin.

When did you realize Bitcoin wouldn't "le take over le world and be le worlds money" but infact it would just be another asset to park some money in like any other kind of asset?

When you grew up and saw people in their 20s on 200-300k incomes, did you suddenly think your parents on their 40-60k incomes were unironically losers? or did your "muh parents are perfect god tier can dindu nuffin wrong" imagine remain intact?

>decentralized
>majority of supply held by a handful of early adopters

Why did we all just decide that the "digital gold" thing for Bitcoin was what it is instead of it being a digital cash payment system and why do we all pretend as if we aren't just buying it to sell it to someone in the future for a bigger dollar value?

People are buying Bitcoin and Ethereum and other big cap alt coins right now hoping for a 3X in the next 2 years meanwhile low caps are doing this on daily basis throughout the entire bear market so far, whats the point of buying the big caps?

>>19142305
Damn this is some serious critical thinking, I never could've imagined who or what was actually tugging the strings behind the scenes. I always just assumed that someone was being paid, but you're right, at some point physical capacity comes into play and there needs to be something done. Very interesting to see how this all plays out.

Maybe the government starts paying for tankers?

How are futures traders not shitting their pants right now and fire selling? It's gotta be terrifying holding on to millions of barrels worth of contracts. The United States government can only prop up the oil market for so long before it becomes fiscally irresponsible. Today has been super weird...

What does it mean when you see a sell wall drop down sat by sat as orders are filled above it?