/biz/ - Business & Finance

Literally who

>>12826181
> stop making alts guoys!!
> get back into btc guoys!!
No boomer, 7 tps is pathetic and LN is a joke

>>12826181
>Why are idiots still bying alts when Tom already has said the alts must crash before bitcoin will recover?
B/c their idiots, as you said! All of them are arrogant newfags! The flippining faggots are still around as an example...
>How the fuck is the crypto market investors so stupid to throw away there money like this?
Trying to get rich quick is a great way to stay poor!

>>12826181
who cares what tone says?
It's true that house cleaning has to be done before the bear market gets resolved.
But the true innovation of bitcoin is prining your own money and unregistered securities. He'll have to come to terms with that.

>>12826218
>>12826181
leave, BTC maximalistfags.

>>12826222
>But the true innovation of bitcoin is prining your own money and unregistered securities.
>Bitcoin
>unregistered securities
Why are you lumpin BTC in with scams?

>>12826181
he is right about bitcoin never recovering until all alts crash to 0.
but he doesn't understand which ones are alt and which one is bitcoin.

>>12826255
BTC maximalists are the fucking worst. They gave up on the original whitepaper. I mean, come the fuck on.

>>12826255
fuck off Zoomer!
Sorry you faggots can't except the truth!

chainlink will BTFO tone vays and all his maximalist friends

>>12826181
Alts literally crashed 98% and went through a full 100% retracement compared to pre-bull levels.


This already happened.

People literally fucking committed suicide over their altcoin losses.

>>12826342
Nope thats not enough. Ton says all alts must go to 0.

Most alts are about 5% of their value of their peak....how fucking dead does he need alts?

>>12826360
They all need to be at 0.

>>12826360

He wants people committing suicide over heavy altcoin losses.

Tone vays is the dumbest piece of shit in crypto. Even worse than BAT.

>>12826255
This

>>12826194
t. peak of the bubble buyer

>>12826371
>They all need to be at 0.
I have a plan and it involves putting large buy orders in the book at very tiny prices for a bunch of altcoins. For example, buy every possible token in existence for $0.00000000000000001 per coin. Then they can never actually go to zero, and we can keep trading shitcoins and prevent bitcoin from ever taking the whole market

>>12827551
also my plan involves keeping extinct PoW shitcoins alive by being the only one mining them. they can never actually die as long as someone is still producing blocks.

>>12827350
PIECE

>>12826360
Dude...There are 2k alts.
T W O T H O U S A N D useless alts.
Previous bubbles had 100 alts at most and they all died except for few. BTC is only at 52% dominance, so alts still have a long way down.

The absolute state of booomer coin maximalists.
>B-buy muh bags g-guys! Dump your shitty alts!

>>12826269
>original whitepaper

faggot spotted

>>12826181

Most alts are scams. Vays doesn't bother to wade through any of them. Frankly, unless you're a fucking NEET you don't have time to research each shitcoin to find out whether it's a scam or not.

The easiest thing for most normies to do is just invest in Bitcoin. I myself mostly have BTC, ETH, XMR.

>>12828000
Yes all alts are scams. I better invest in a quality asset that is backed by proof of work electricity.

>>12827927
About $50 billion of the $70 billion Mcap for alts is represented in the top 20 projects. The overwhelming majority of the other 2,000 alts are already very close to zero.

>>12828037
>backed by proof of work electricity.

Invest in coins where the founders give themselves and hold 90% of the supply

>>12826181
what is this? a jew for ants?

But why tf do alts need to go all the way to 0? Most alts are already at 5% if even that high, it seems like it shouldn't make a difference at that point.

>>12826181
That's a dumb way of framing it. The thing is that BTC will recover, and this will push alts to 0.

>>12826181
>listening to kikes

>>12826181
>bitcoin can never recover
That's ok, alts will take its place.

This actually makes complete sense.

>BTC can't recover when there are so many people trying to invest in Crypto
>When every coin except BTC hits 0% everyone that invested in altcoins will commit suicide
>With a smaller population there will be a void to fill in the market and, since there are less people able to invest, the individual value of BTC will skyrocket
>Everyone that's left after the mass suicide will profit

All the way to the moon, consequences be damned.

>>12826181
There is no such thing as an asset being worth zero. What can happen is alts get delisted from every echange so even though people own the alts they can never sell.

Bitcoin maximalists have developed an unhealthy emotional attachment to their coin, and most of the prominent ones exhibit clear signs of a gradual descent into mental illness. They can't even visualize a reality where BTC is dethroned - as if stagnant industry leaders have never been replaced by superior competition before

>>12828392
You're completely missing the point. When people commit suicide they essentially lock their wallets and their coins are effectively burnt from the token supply. A smaller circulating supply means fewer coins/token that can sell. So long term it leads to a much higher price because in the long term there will eventually be rich people fighting over single bitcoins because the rest of thw circulating supply will have been burned.

>>12826181
The sentiment is true. However BTC isn’t fit to be the “coin that rules them all” and the next bull market won’t be characterized by normie adoption of a “digital currency” but rather institutional integration of smart contract and cloud computing protocols into their existent services.

Tone Vay is a massive cis gendered heterosexual.

>>12826261
I guess the difference is bitcoin with Satoshi and bitcoin without Satoshi.

Anyways, I'm with Chris DeRose. If you're against the freedom to pick your own currency, you're not just a hypocrite, you're a fucking commie.

>>12826181
Confirmation bias.

>>12826181
>Microsoft can never recover until all tech startups crash to 0

>>12826181
In order for bitcoin to succeed, scammy alts like BTC and BSV should crash to 0, agreed.

the fact that there are still too many pajeets and morons shilling shitcoins here is the proof the bottom isnt in. When all those useless shitcoins disappear from biz we'll start thinking about a bull run.