/biz/ - Business & Finance

Once you go down the crypto rabbit hole there's no climbing back out. I barely do anything social anymore.

>>15305218

I mean I still get out but trying to talk to them about it is a lost cause. They’ll fomo soon enough.

>>15305192
>friend talks about bitcoin and how its going to make him rich at 16k it goes down to 14k~

>>15305231
I did go out but I stopped like 6 or 7 weeks ago because it's degenerate and I'd rather shitpost here than waste shekels drinking my weekends away.

>>15305235
And when it goes down to 10K

>>15305231
Do you think that an "Ice Age" where every debt yield turns to negative would be a bullish event for Chainlink?

>>15305281
My friends was also telling all his friends to go in. LMAO.

>>15305334

Too big to fail is real. The information and the companies collecting it are all too valuable. Corporate and government lines have become so blurred that both will now prop each other up in the event of a great reset, massive liquidity crisis, major deleveraging or deflation/hyperinflation scenario. Regardless, the lean times will make companies with high human capital requirements re-evaluate huge swaths or their workforce. Entire mid-level back office type jobs will be decimated. Market volatility, crashing share prices could accelerate the adoption of chainlink for that reason, even if the broader crypto market crashes around it.

>>15305400
>Too big to fail is real.
This is a dangerous mantra mostly used to deal with crisis scenarios that seem too frighting to consider, and as a downplay of risk tolerance. In the past 20 years alone we had a lot of failed companies and banks who were considered "too big to fail".
>The information and the companies collecting it are all too valuable.
They definitely have an extremely high evaluation now.
>Corporate and government lines have become so blurred that both will now prop each other up...
2008 saw a similar play to the dismay of the public who had to pay for the bailouts, despite being the biggest victim of this "regulatory capture" between state and corporate. I doubt another recession will unfold by the same screenplay.
>companies with high human capital requirements re-evaluate huge swaths or their workforce.
Definitely. This will drive adoption of new technologies even further (mainly in automation and AI), but how much of this market is reserved for a venture cap such as Chainlink is a speculative assessment at best.
>Market volatility, crashing share prices could accelerate the adoption of chainlink for that reason
As the Chainlink's use case for the derivative markets? How so?

Youre a literal retard if you havent moved from crypto to stocks yet. I guarantee you have 0 experience of stocks under your belt

>>15305248
>I'd rather shitpost here than waste shekels drinking my weekends away

It's preferable, sure, but it isn't perfect either.

>>15305601
Only crypto and bonds (for the case I fuck up) for me. Why should I go down the lane of mediocre gains when there's a gold rush.