/biz/ - Business & Finance

It's
A
Bubble

Approval celebration thread!

Long weekend huh. New year huh. Sounds like a good recipe for...

Hey :)

No. It's over.

>>55789143
I also enjoy commodities.

Bear trap.

30k rejected

JA JA JA JA JA JA JA JA

LET'S GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

And my blood is pumping

>>54490013
>>54490120
>>54490369
>>54490378
>>54492225
>>54492656
short vibrations

You've had your fun. It's our turn now.

short vibrations
I'm up 15.5k on the BNB short I opened 50 minutes ago, do you guys think I could keep it open for like two weeks? I think I might become a millionaire

>>53689292
BASED

>>52513152
>we share the same banks as the people of ye old England back in the 12th century
You sir are retarded
We aren't in hyperinflation, just recession. It'll be fixed by taxing billionaires but theyll never pay back what they stole so you have to suffer.

Considering you don't believe me you'll be bit the hardest by the biggest, brownest Bobo to exist

Think of the dotcom bubble. I suspect that most zoomers on this board don't know but this is more or less a repeat of what happened back then. Comparisons between the current blockchain industry and the early internet are nothing new. Both are paradigm-changing technologies that in their early days spawned a brand-new industry promising to change the world.
Blockchain and crypto have enjoyed these comparisons to the early internet as they lend authority to the industry’s claim that Blockchain and DLT are the future.
When baggies speak of crypto’s destiny to follow in the footsteps of the internet, they conveniently leave out just how rocky that path is.

Crypto's development path does appear to be going down the same well-trodden one the internet took. The question that you must ask when you take a step back and look at the industry is: "where on that path are we?" Unfortunately for you, the crypto industry at its recent peak had a lot in common with the internet of 1999 just before the crash. Bloated, spurious and full of companies flush with greedy kike VC cash making exciting promises that amounted to nothing more than vaporware.
FTX's collapse points to crypto now being in the middle of its very own dotcom bubble, which has the chances to actually be a great thing - greedy bad actors are being purged to leave place for projects legitimately useful and valuable.

>Dotcom history
In the 5 years from 1995 to 2000 a massive bubble formed as venture capital poured into the internet industry. Money was just being thrown at any business with a ".com" domain. The internet was the future. How could you go wrong investing in it? Share prices of internet companies in this period vastly outstripped any other industry. Valuations didn’t seem to have any connection to the real-world results of the underlying businesses.
The media played on this hype, producing ever more optimistic forecasts for internet investment returns, and the money kept on pouring in.

>>52311447
LET THE MUMUS HIT THE FLOOR
LET THE MUMUS HIT THE FLOOR
LET THE MUMUS HIT THE
FLOOOOOOOOOOOOOOOOR

>>52305241
Whoa man it's gone
Just like their money

>>52244728
Hey it's 2022 me here, remember looking forward thinking things will only get worse?
The best times are right here nigga, enjoy your hyper inflation and Trans kids future faggot
Ahahahahahahahahahahahha

Love Always.
2022 me

>>52241323
The beauty of the internet is putting it out there in a sea of filth and not one person will believe it

>>52233738
kek fuck em then. also is spy break 370 were going to 350's in a hurry