/biz/ - Business & Finance

Crypto always went up and could be relied on to always have a 'next cycle' where it goes up even more than before, because it was the newest sexiest investable thing around and it attracted risk-chasing retards. Now there is a newer sexier thing to invest in (AI) and what's more is AI has already 'done more' for joe average (paper writing, generative waifus, etc) in under a year than crypto has been able to do in over a decade. At best bitcoin is like a shitty digital gold substitute and ethereum is a decentralized casino stock that pays a 4% dividend , things no normal person gives a hot fuck about holding.

Cryptoniggers are going to hold their coins into next year's halvening waiting for the mathematically inevitable supply driven giga pump they've all come to expect... and nothing is gonna happen. All the retarded money you expect to rush in indiscriminately and pump your bags to the moon is going to be flooding into AI stocks instead because it's 10000x times easier to imagine ai being 'the future of everything' (with all the fomo that entails) vs a decentralized spreadsheet, which is all crypto really is still, even 14 years after its invention.

For your coins to go up, you need new suckers to buy. There are no new suckers coming into crypto ever again. AI is the ultimate neverending sucker magnet. Crypto had its time in the sun, it had its chance to capture the world's attention and imagination, and it's utterly failed at it. There will never be another cycle for crypto, just a long slow descent into obscurity. Figure that out now or get stuck holding your bags for the rest of eternity.

>>49421547
Because right here on earth I can't do jack

I'm sorry anons, I sold...