/biz/ - Business & Finance

>>11778007
but cnbc is still regularly talking about crypto...
this is just the start of the bear market anon. until msm stops reporting crypto, its not over.

>>11778007
>will again buy at the top
There won't be the new top

the problem is, normies already found out that it's not going to change the world. sure, some could still fomo back in if a bull run magically just happens, but they won't ever forget what happened last time.

>>11778030
what is distributed ledger technology.

>>11778029
3k will be the new top after bitcoin stabalizes for a few years at 800

>>11778250
lmao. bitcoin can only go down to 3k for it to recover. if it drops below that its literally over. there will no confidence in this shit market for it to pump back to new highs ever again

>>11778030

No this is actually JUST like the dotcom bubble... the first movers and shakers paved a path and ran out of steam because the world wasn’t prepared for changes ahead. Once everyone caught up to speed with technology, the internet blossomed and new Dotcoms paved a new way. This will be the same with crypto. 90% of all the projects we see today will fail, however, a few diamonds in the rough will prevail and dominate the blockchain space. Truthfully, nothing currently will make anybody rich anytime soon (the bubble has literally popped). Those of us who stay vigilant and continue to follow crypto into the next decade will reap the benefits of the next wave. The projects that will make you rich haven’t even been created yet. I have no doubt though that when the world is ready for blockchain, biz will be on it. Until then, stay vigilant and keep yourself in the loop. Blockchain will change the world, the world just isn’t ready (yet).

Cap this.

>>11778007

DataDash has retired from crypto and has gone into real estate.

He lives with his parents, probably made a ton shilling shitcoins to retards and is likely a NEET incel.

He really made the most with what he had.

>>11778728
>Cap this.
don't flatter yourself, it's not that much of a prophetic, unusual or complex idea.
you realized that someone will inevitably resolve common shortcomings of crypto, amazing.

>>11778755
I'm too afraid to ask what he is teaching in that video

>>11778755
oh didn't datadash retired. what a faget

>>11778791
* didn't know

what high estrogen faggot

>new paradigm

>>11778794
* what a

fuck this

Bear Market wont be over until this board looks like a fucking morgue. Every rally will be considered as a bull trap until we finally break out and market sentiment does a 180 and biz scrambles to buy into the next bull run. Its going to take a long time because tons of people who got fucked are going to dump at the levels they bought in at. Bull Market wont come until way more sideways motion. There is too much downward pressure regardless of optimism levels.

>>11778026
They won't tho...
It has already become a global currency that doesn't need any one entitity to be traded(like swift).

What do you think will happen when/if iran gets kicked out of swift payment system to force the embargo ? I mean gold is always an option but their old mule is dead.

>>11778728
>delusion, the post
You bought my bags, lost money and need to cope. I understand that. But this is unhealthy and you need to stop that.

>>11778007
This ignorance is /biz/ in a nutshell, basically. The average /biz/tard thinks the market is magical and can't see past the numbers, because if they could, they would see how badly crypto is failing. And no matter what you tell them, they think it's just a matter of time before it bounces back because 'that's what it did in the past'. If you don't understand how 2018 in crypto is different from 2013 or 2015 in crypto, then you probably aren't smart enough for investment anyway and should just save your money.

>>11778755
>has gone into real estate.
top kek if true just in time for rates to rise after being historically suppressed for 10 years and get absolutely justed again

how do you know it's the last dip? the moonboys were saying the same when it dropped to 7k and 6k

>>11778728
don't compare any situation to another one in the past, it's stupid, everything's chaos and unique

>>11779321
he literally said current bags won't help in the coming future
sounds like you're the one coping with nocoiner fomo

>>11778728
>The projects that will make you rich haven’t even been created yet.
Is it because the current developers in the various projects, don't have the ideas, capital or competence to create something that can penetrate and become mass adopted?
If none of them can, then who can? a group of coders and tech people from Google? IBM?

Another way to look at it; people with experience, people that have spend years on working with the blockchain, they are the ones that are most likely to create the "Big thing".. Where are these people? they are in the crypto-sphere, working on their projects.

>>11780124
I refer to >>11778728
>Blockchain will change the world

It will not.

bitcoin uncensored is and has always been the only youtube crypto channel worth watching

This bear is just clensing of 90% shit out there lol +you cant really compare this to dot com at fucking all because its 24/7 worldwide gambling market first of its kind only this is enough to know crypto is here to stay lol

>>11778030
>they won't ever forget what happened last time.

kek, of course they will. People have been fucking up in this exact same way throughout the entire history of financial markets, anon. You think people learn from "last time"?

Nope. That's why markets cycle. Humans do the same shit every fucking time.

I'm not saying whether crypto will or will not boom again, but to think it won't because in 2017 we finally learned our lesson, is riduclous. Every single altcoin moon/crash since then shows you that people are still doing the same shit, buying tops like always.

We will make the same mistakes over and over again, it's hard-wired into us.

I have 95% certainty that Vechain will be a big success. So, I love the fact that the price keeps dropping, and I hope it keeps dropping so I can keep buying more.
And before anyone cries foul, I’ve been buying $VET since November, and have an XNode Locked up, so I’m operating at a loss as well.

There no question this is gut wrenching to see, but that is my emotional side talking. My rational side sees this as a blessing in disguise. So I’m cool folks. Dump those XNodes and make mines more valuable, and dump that $VET so I can upgrade my node at 101 sats.

Before I take my leave, this quote outlines my train of thought. “The stock market is a device for transferring money from the impatient to the patient” – Warren Buffett.

I can SO see it happening right now. People that can’t hold, are selling at a loss, and people that can hold, are buying up these dips on the way down. Sorry, but not sorry for your loss people, let’s get this thing back to 101.

>>11778728
This but Chainlink will spark the next bullrun.
Real world adoption of smart contracts needs decentralized oracles.

>>11780825
>kek, of course they will
the moment btc hits anywhere near $50k they will be like "i'm so stupid i didn't buy the dip"