/biz/ - Business & Finance

>>58386560
>just 6 years too early
Forgot to mention, 1999 was 10 years too early, not 6. Be careful anon.

oooh Amazon is the future!

Too bad you'd be broke as fuck for 10 years if you invested in it in 1999

>>56887655
Think again. They were speculative ponzis in 1999. They, along with Amazon, had stock prices that were NOWHERE near their real value. The value was based on a ponzi, greater fool idea. Same as most human innovations.

Cope. You may not like crypto, but this is how it works, the new foundation of financial systems and IP.

>>56857065
>How do I learn to do this?
Nigga,
1) start with a decent Trading View indicator like Bravo Swing or SMA 9/50/180 EMA 20 Buy/Sell as a guide to creating a strategy. Understand how they work.
2) Play around with different indicators and timeframes to get a feel.
3) Come up with a strategy and TEST it back a couple years with BTC or whatever you're trading.
4) Don't hoddle shit because this is speculation on emerging technology, just like 1999 Amazon. Even if you see the future right you still lose. (pic)

Do this shit now because 2024/25 should be a ton of fun...good luck

>>56220473
>real-life case
Agreed, but also recall that, even if you saw future real life cases perfectly in 1999, you still would have lost money in the short term.

>>55892552
>The guys been a billionaire for 10+ years
Alot happened before he became a billionaire.
See pic.

>>55034598
Massive fucking gamble. They weren't that impressive, barely out of books. Webvan.com was a better bet at the time. And even if you bought Amazon in 1999, it would have taken you YEARS to break even. Only 2 people held Amazon that long...Bezos...and his parents.

To me, Amazon and the Dutch Tulip mania are the 2 critical foci for speculative markets like crypto. Even if you see the future 100% correct, you can still lose.

>>54997052
>crypto is all bullshit
No, its just a speculative market. Exact same shit happened in 1999 with Amazon, Apple, etc. Crypto will be MASSIVE (see NASDAQ and Fidelity plans), we just don't know which ones yet.

>>54796570
I actually have alot of faith in Algorand, and think it will be a very important blockchain. The problem is all of this shit is still purely speculative. Algorand may well be Amazon in 2001. Doesn't matter- its still speculative (see pic). Problem is the big shit takes a decade to take hold, let alone be profitable.

>>53704891
All tech starts like this. No different than Amazon, Apple, etc.

>>52880705
>you fell for one of the clearest pump and dumps the world has ever seen
Whatever dude. You realize this is exactly like the Dot com bust, right? You realize the people here understand DLT technology and understand how things will unfold, right?

Sure the companies will change, timelines will vary, but the template is set. This is now what money IS. Just yesterday the Bank of England announced they are looking for a digital wallet for their CBDC.
https://www.fxstreet.com/cryptocurrencies/news/bank-of-england-opens-applications-for-proof-of-concept-cbdc-wallet-202212120815

Then over in Nigeria, there's a battle between the state CBDC and BTC. Your meme chart is real- all technology advances this way. The 21 bubble will look tiny in a few years, and we will get paid.