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/biz/ - Business & Finance

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17815967 No.17815967 [Reply] [Original]

crypto feels different after what happened the other day. this shit is not a store of value and is a house of cards with crumbling foundations

5400 dollars for a digital coin that does nothing? it cant even be sent quickly, is not digital gold, price controlled by one single exchange
130 dollars for a platform to launch scams on? unlimited supply printed out of thin air, forked to save vc's money, can be changed at any time
0.15 dollars for a barefaced ponzi scheme? it has no reason to exist except make the owners money

the boomers were right

>> No.17816008
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17816008

> He didn't buy $24 LTC

>> No.17816015

>>17816008
>ltc

>> No.17816042

>>17815967
i stop fucking with crypto years ago.

i scammed alot of whiteys for alot of money. i always knew it was all pyramid ponzi scams.

its for degenerate gamblers types. i guess u can still get lucky and earn some nice $$$ but its not worht it for me anymore.

>> No.17816060

>>17816042
you're unironically right but that doesnt mean the fad is over yet

>> No.17816064

>>17815967
>the boomers were right
There are company with million to billion dollar evaluations that will never make a profit.
The boomers are playing the same fucking games with crypto as with anything else.

>> No.17816073

>>17815967
Your FUD is boring and doesn’t work on real bagholders because they check the news.

>> No.17816081

>>17816073
its not fud
a lot people felt it

>> No.17816101

>>17816060
yea but after years of isolation and non-stoping staring at my screen getting stressed the fck out 24/7. im good. i just decided to be a normie fag and my mental health thanks me

>> No.17816102

>>17815967
why are there so many nocoiner post recently? is it a paid shilling campaign?

>> No.17816131

>>17816081
People who bought in 2019 or 2020, maybe.

>> No.17816140

>>17816131
>u r le newfag
cope

>> No.17816258

>>17816008
long tranny cock?

>> No.17816285

>>17816008
he'll have another chance at $12

>> No.17816291

>>17816102
Yes. It coincides with whales dumping to cause panic selling.

>> No.17816299
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17816299

>>17815967
https://www.youtube.com/watch?v=KHsFwuK9TcY&app=desktop
After this I knew I had to sell

>> No.17816341

>>17816299
Hahahahhahhahaha

>> No.17816376
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17816376

>>17815967
You are correct that BTC is useless.
This dump will be the prelude to the flippening. Final overtake will happen when Eth V2 is released. Eth will triple and Btc will halve again in value, towards its final death spiral.

>> No.17816400
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17816400

>>17816258

>> No.17816414

>>17816376
premined shittoken scam

>> No.17816438

>>17816376
Eth rose to 1k due to the ico bubble. People need eth to partecipate and the buy pressure made the price soar. Nobody needs eth. Even chainlink is a better investment.

>> No.17816446
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17816446

>>17816414
>still thinking in terms of premined and decentralized rather than functionality
It's become really obvious that the BTC maximalists never saw the big picture, lmao

>> No.17816459

>>17816446
it functions as a premined scam ran by communist pedos

>> No.17816469

>>17815967
you might want to check this out first https://twitter.com/CaitlinLong_/status/1238915150368792576

>> No.17816480
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17816480

>>17816438
speculative bubble yes
The speculation with BTC was that it could become a currency. This turned out to be wrong.
But the ETH speculation is slowly being proven correct. Markets will adjust soon when the smart money leads. You will follow a bit later I guess.

>> No.17816490

>>17816459
And guess which people run the world today.
Are you actually telling me you invest according to ideology?

>> No.17816543

>>17815967
Kek the last week dump was organized with fud and multiple articles about why crypto is not a store of value.

Fiat is collapsing and no one will go to bonds when they go negative so they are shilling hard against crypto and supressing PMs price.

>> No.17816586

>>17815967
This is it anon, bitcoin is really really really dead this time. Really.

>> No.17816598

>>17816543
This

>> No.17816972

>>17816543

No one is supressing anything man stop with the conspiracies, its really not that deep. We're about to enter a very bad couple of months, crypto will only ever thrive when the markets are healthy again

>> No.17816993

>>17815967
crypto died once the exchanges and wallstreet started implementing high frequency trading, and betting against the average hodler. cancerous greed poisoned everything, and hired pajeet shills that ruined this board. crypto needs a cleansing and I hope it gets it.

>> No.17817014

>>17816993
>crypto died once the exchanges and wallstreet started implementing high frequency trading
>cancerous greed poisoned everything
kek it was never alive if thats your logic

>> No.17817017

>>17816993
thats capitalism for you
Dont like it?
Stiff

>> No.17817044
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17817044

I don't even think of FUD as a social engineering tactic anymore. I think of it as a base, guttural instinct borne from self-loathing and insecurity. You FUD because anything good in your life seems fleeting to you, crypto included.

>> No.17817047

>>17817017
how pathetic of a human being do you have to be to idolize and attach your wagon to such a conman?

>> No.17817057

>>17817044
sounds like projection
which parts are not fact? ill wait

>> No.17817081

nigger bitcoin went from 20k to 3k
Who the hell ever seriously thought itd be a store of value

>> No.17817092

>>17815967
Imagine gold and silver being worth any more than the demand of the industrial sector.
Imagine such a crazy world where people value shiny metal.
Crazy crazy idea I know.

>> No.17818145

>>17816972
Go check btc price in nations with capital controls like argentina.

BTC is being traded at 7600 usd atm , someone dumped a shitton of coins bellow market price at the big exchanges.