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/biz/ - Business & Finance

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10129867 No.10129867 [Reply] [Original]

Most of you noobs bought this pump and dump after November-December. I bought this shit since 2015 but I knew it was a pump and dump. The whole "HODL" meme was born from early holders for them to profit immensely and to let the price increase so much that even when it crashes tremendously, they would still be in profit. And you guys fell for it.

I was one of the buyers who warned you ever since January. Instead of listening to me, you continued on with your delusion. You fell for it so hard that I bet even the replies to this thread will be filled with delusions like "Haha you shorted the bottom fuck wit" (nope, sold at 15.4K), "Haha you bought late" (Nope, bought in 2015), etc. Just LOL if you think a mere decentralized database that has very few limited use cases (and even then does not NEED crypto) will make you rich. The only reason for the price rise was greater fool theory, but since everyone has heard of it/went through pain/seen how this game works, there is noone left to fool.

To the smart ones left, get the fuck away from reddit cryptocurrency, bitcoinmarkets, or any other crypto related subreddit before you make the same mistake again falling for the ramblings in those echo chambers. Atleast this board has a few critical opinions left but even this will turn into an echo chamber once any price rise happens, so be careful.

>> No.10129899

I just remember thinking about that Warren Buffet quote,

>be afriad when others are not

>> No.10129904

sunk cost fallacy

>> No.10129926

>>10129899
And yet you were too pussy to sell and probably called Buffet an "idiot boomer who doesn't know shit" while racking up upvotes on reddit. If you did though, congrats.

>> No.10129929

>>10129867
>daily reminder that /biz/ is full of shit
Who knew?

>> No.10129939

>there is noone left to fool.

oh sweet summer child

>> No.10129952

I’m still up 7x my initial. Sorry newfags, can you leave the board now??

>> No.10129961

>>10129929
You didn't otherwise you would have sold.

>>10129939
There's probably another small rally before another crash, so in that sense, you're probably right.

>> No.10129971

>>10129952
You're still a dumbass. You would have, I'm guessing been up about 50x. You could have made 7x on a fucking weed stock or stock puts.

>> No.10129996

>>10129867
>Just LOL if you think a mere decentralized database that has very few limited use cases (and even then does not NEED crypto) will make you rich
Literally retard tier fudding of distributed ledger technology. The whole point of distributed ledgers is that — through consensus protocol — the represent a way to establish trust between parties. Establishing trust is a huge obstacle to business transactions — hence the huge importance of rule of law for development of modern economies. Vast fortunes have been made, e.g. eBay and amazon, by building trust into online transactions. Vast amounts of money and time are spent verifying transactions, e.g. contract management, settlining trades, verifying deliveries and shipments, and distributed ledger technology has the potential to transform all of these.

This is new technology, of course there is going to be volatility in the market. Your entire post is just 20 20 hindsight bias and stupidity.

>> No.10130019

>>10129961
I'm a no coiner. I'm here to laugh.

>> No.10130061

>>10129996
Is that what you tell yourself at night to comfort yourself from not selling high? You wrote a huge paragraph with no substance. No-one gives a fuck about establishing decentralized trust as long as it doesn't bring faster transactions (which it literally can't do theoretically), and noone gives a fuck about centralization either otherwise Google and Facebook would be bankrupt. It's literally just a decentralized database. Stop kidding yourself. And again, despite crypto relying on it, you don't fucking need 100,000 cryptos for this technology to be useful, but even if you did, like I said, it's useful for only certain small use case.

>> No.10130139

>>10129971
Hindsight is 20/20 my friend. I also could have bought the top right?

>> No.10130158

>>10130061
>No-one gives a fuck about establishing decentralized trust as long as it doesn't bring faster transactions

Literally the stupidest thing written on the internet in the last 24 hours. Like, of all the retards saying stupid shit on facebook, all the morons posting idiotic comments on instagram, congratulations, you won. You managed to say the single stupidest thing possible.

No one cares about establishing decentralized trust. You absolute idiot. You mean other than Goldman Sachs, and IBM, and Walmart.

Muh “you don’t need 100,000 cryptos for this technology to be useful.”

Great point, just like you don’t need 100,000 websites for the Internet to be useful.

Literally moron tier.

>> No.10130179

Main hold is LINK which I bought most of below 20 cents so doing p well actually.

>> No.10130222

>>10130158
Thanks anon

>> No.10130295

Thanks just bought 100k

>> No.10130336

>>10130158
Idiot comment. The internet is actually useful, and was even at the height of the bubble. Next.

>> No.10130537

I bought actually in May but still held like a retard. Holding ICX. The pain of being up 330k and now down to like 40k is brutal. So yes, I’m a fucking retard loser and it hurts. Everyday is filled with regret. Is that what you wanted to hear? Yes I fucking hate myself. And yes it’s all bullshit I don’t believe in this shit anymore

>> No.10130667

>>10129899
people aren't scared yet. more pressure will come.

>> No.10130692

>>10129867

Agree OP I got in the game in 2016 and I knew shit was about to blow when the market stopped moving for nearly a week. All the signs were there. The only thing we didn't forsee was the Mt Gox selling off.

>> No.10130718
File: 26 KB, 320x263, sass.jpg [View same] [iqdb] [saucenao] [google]
10130718

>>10129867

>Mmmhmmmm, what did a tell ya? Didn't a tell ya? Told ya so mmm hmmm, and what happened? Exactly what I told ya

Pic related, it's OP