/biz/ - Business & Finance

Like I'm living at the edge of the world.

https://youtu.be/O-J7GF_ivsc

Another thread of this faggot who also has no idea whats going on

bro you're a faggot ass bitch and we are done playing your games. now show us your tits or gtfo

>>23787277
I guess we'll see

>>23787284
>bro
>faggot ass bitch
Back to twitter

>>23787226
If you have actual conversation to spawn we're all here for it OP... we're just annoyed that you're trying to open with Socratic method. You have to give context and open with the thread you want us to walk down, then do Socratic method. We guess along your line of reasoning because we're "playing the game," not because you're some sage illuminating something we can't see on our own. Please, get over yourself and share. I'll share in return.

I'm assuming on Monday Trump gets shutdown by all courts, even the most supreme one!

>>23787226
Hi Smaugposter, I don't know wtf is going on but I appreciate you

I am am “insider” and I can tell you that on Monday there will be a HUGE spike in Dogecoin.

Don’t ask me why.

Don’t ask me how I know.

Please only respond to me in Reddit spacing with proper grammar.

>Buy Dogecoin tonight!

>>23787326
>I guess we'll see
See what? You provide zero meaningful information or even a stance. Keep asking questions OP someone will give it to you eventually but you still won't know until its already happened.

I put the pieces together and can confidently say that OP is a faggot

>>23787334
>>23787370
You need to look through the previous threads. I move the discussion forward when there's understanding.

>>23787413
listen, no matter what your opinion of what will happen, that remains your opinion and nothing else. Yours isnt better than any unless you prove you have a few mils in crypto or something

Honestly, it's hard to picture the what the reaction of the bluepilled will be when it all comes together. I feel bad for them.

>>23787413
Would your larp have anything to do with the SVS?
>https://blockchain.news/analysis/blockchain-voting-solve-trump-biden-presidential-election-dispute

I would imagine that the addoption of such a system would add an air of legitimacy and safety to crypto

>>23787428
>Yours isnt better than any unless you prove you have a few mils in crypto or something
This line of thinking is misguided and counterproductive. Shall I flaunt some material possessions? Would I then have your attention? Everybody is a nobody compared to someone out there. My identity and crypto positions are not relevant.

>>23787443
They will contribute all the same.

>>23787569
Yes. What comes with that legitimacy and in what order? Consider banking activity dating back to the end of Q3 2019 to now.

>>23787736
If what you said is true what is the amount to live a truly free live without slaving away 8-10 hours for some corporation just to pay the basic needs?
Be honest plz.
1000 - 10000 - 100000?

Im asking in all honesty.

>>23787226

Americans will beg for blockchain voting which will put retail eyes on crypto. Digital dollar Trump buxx will provide an easy fiat on ramp causing a sustained mega pump.

Did I get it?

>>23787226
Niggers tongue my anus

>>23787736
Are PayPal going to be the main onboard for this new rush? The timing around the elections is pretty coincidental. Google banking has been picking up steam as well.

>>23787226
>What do you think of the crypto price action in response?
3cents
>What do you think the crypto price action will look like as the narrative builds?
+
>And most importantly, what will Monday look like?
+

>>23788059
What blockchain backing will they beg for after that and why? If non-tokenized ballots are not legitimate, what else may not be?

>>23788150
I don't think there will be a main onboard

>>23787226

Welcome back. I admire your patience.

What do you hold firmly and loosely, does it depend on certain triggers?

Retail floods crypto and we enter an internet of value, broad creation of tokens, no more banks. A new world.

What is your point? XRP holders already say this.

Thanks

>>23788223

Blockchain using secure voter identification?

Tokenized IDs are required along with tokenized ballots?

Who tongues the anuses?

Follow the cocks

bbc-69

This is a statement or a question?

Fingers And Assholes

you can figure this one out

-N

>>23788223

The Chinese have created so many fake IDs using web scraping and social media so tokenized ID is now needed

>>23788223
>If non-tokenized ballots are not legitimate, what else may not be?
Fiat?

>>23788415

Its identification, the Chinese have faked our IDs to create fake ballots

>>23788415
My guess this is what he is hinting, imagine the switch flip..

Make a call OP, you pussy. Or are you too afraid you're be wrong publicly.

>>23788378
kek

Who controls the LARP?

Who benefits?

Posts on an Indian scamming forum

Cold reading techniques?

Follow the reasoning.

Schizos Run The Zoo

you'll never guess what I have in my mouth

-N

>>23788512
This fag is gonna just come out and say XRP is the standard at some point and lose all credibility

>mid-2019 posturing of the executive branch's relationship to the fed

I think even the people who are picking up what OP is putting down are failing to air out some of the broader possible implications. It is a meme that presidents get Lincolned or JFK'd for talk about the gold standard. BTC is the future of gold, performs every function of gold in a superior way and will back the future economy in the same way thanks to its scarcity growing stronger in a consistent, structured way at each halving until it eventually becomes utterly deflationary. We will be able to run the world off of crypto for at least another 100 years before another before much maintenance is needed. I believe BTC is essentially a gift from God who was working through good ol anonymous Sat to acknowledge the growing state of our races' consciousness. The slavers of the modern world will need to construct a new system or get left behind per the rules of their own prison, it is done perfectly, proving an opportunity the sheer magnitude of which I am humbled to behold and which can only be attributed to God.

>The guys at the Trump campaign seem awfully sure of themselves, don't they? I wonder why.
Now listen up you low-lifes, it's one thing to irl shitpost on the campaign trail about "muh dems are going to rig the election", it's quite another for the incumbent to actually say it on election night when a winner hasn't even been declared yet. That is a major fucking accusation and represents far more than just tying up the election process. Such an accusation requires equally major proof. And I mean real proof, not shady tryhard cringe drops from Chinese dissidents.
Now I'm not going go to into further detail because it's better if people figure out what's happening themselves, but there's a reason I'm posting on biz and not pol.
Anyways, remember how horrible it was in December 2017 when fucking normies wouldn't shut the fuck up about the latest Coinbase alt pump? It's about to be so much worse than that but better at the same time.

Anyone complaining about OP being vague is just complaining that he doesnt put it all in the OP post. Read one thread! It is obvious. You'll be like, oh, well that's already suspected! Well project it further and imagine a fertile crescent of implications. Once it picks up clout via the situations with the courts and the vote it paves the way for us to look at how certain other peices of paper are ripe for fraud and can be easily protected in the same manner. The BTFO that is about to occur will be obviously historic and the explosive momentum of that will be placed behind our backs my friends

>>23788769
>The guys at the Trump campaign seem awfully sure of themselves, don't they? I wonder why.
>Now listen up you low-lifes, it's one thing to irl shitpost on the campaign trail about "muh dems are going to rig the election", it's quite another for the incumbent to actually say it on election night when a winner hasn't even been declared yet. That is a major fucking accusation and represents far more than just tying up the election process. Such an accusation requires equally major proof. And I mean real proof, not shady tryhard cringe drops from Chinese dissidents.
>Now I'm not going go to into further detail because it's better if people figure out what's happening themselves, but there's a reason I'm posting on biz and not pol.
>Anyways, remember how horrible it was in December 2017 when fucking normies wouldn't shut the fuck up about the latest Coinbase alt pump? It's about to be so much worse than that but better at the same time.

Anyone complaining about OP being vague is just complaining that he doesnt put it all in the OP post. Read one thread! It is obvious. You'll be like, oh, well that's already suspected! Well project it further and imagine a fertile crescent of implications. Once it picks up clout via the situations with the courts and the vote it paves the way for us to look at how certain other peices of paper are ripe for fraud and can be easily protected in the same manner. The BTFO that is about to occur will be obviously historic and the explosive momentum of that will be placed behind our backs my friends

N

I

P

>>23788293
>What do you hold
The chains with obvious, demonstrable use are the only ones of value. I don't overthink it. Outside of that, it's best to think in ounces.

>>23788415
That's certainly one thing, but where do you think the mind of the common baby boomer would go immediately after he has the epiphany?

>>23788442
That isn't what this is. The point is for you to make the call.

>>23788543
I have mentioned more than one that all boats will be lifted


>>23787347
>>23788671
>>23788780
Thank you

Understanding is taking root

>>23788991
>where do you think the mind of the common baby boomer would go immediately after he has the epiphany?
Shares?

>>23789011
Or metals. If paper ballots are useless, then so are paper metals.

>>23788991

The common boomer will fear that maybe his stocks holdings are fraudulent perhaps?

>>23788991
If this is a longwinded gold standard larp i’m going to choke your skinny noodle-like neck birdo

>>23787226
i watched the 1977 hobbit today because of you. good stuff

>>23789025
Wait, houses??? Bank accounts?

>>23789034
I think this is nail on the head, enter Chainlink

>>23789246

I agree. Chainlink oracles will be everywhere..I have 18,000 LINK and want to check out of society on a piece of land in the Florida panhandle. Spend my days shooting and my nights boozing. Good times ahead I hope.

>>23789246
chainlink proved what a colossal failure centralized reporting is by doing absolutely fucking nothing in their partnership with (((AP))) that the decision desks weren’t already doing
if getting nothingburger’d was part of his plan then congrats, he got himself caught
now we wait for the trustless fire to rise

>>23788991
I'll have a go.

Something is brewing in the trump camp. Regardless of how it evolves or what substance is there, blockchain technology will be the underlined context. Pushed into the broad daylight of major media by whatever form of circus antics the trump camp performs, the average american will, for the first time, be exposed and explained the basic concepts of blockchain technology and how it can entirely sidestep the current problems with ballot votes - ensuring trust in the system. Obviously bitcoin will come hand in hand when blockchain is explained, and also for the first time the average citizen will finally understand the inherent security of bitcoin - en masse. After some mind turning, the connection between frailties of the u.s. dollar system, underlined by the noise generated over quantitative easing as of late will create massive buy pressure on bitcoin, first and foremost. Bitcoin will be the name repeated over and over and over in discussions of blockchain technology by the media machine as it has the most brand recognition. Those wanting to try their hand at more speculative gambles will begin investing into alts, creating the rising tide you spoke of. And with that, a new stock market environment is born.

How am I doing?

>>23789302
You cant blockchainify votes with btc. The only candidate so far is ETH. (and other unproven alts with smart contract functionality)

Retards like OP love connecting the dots as if events are pre-planned or elites have control over anything.

The reality is nobody has control over anything. Nothing is planned. Those with power have interests, but they don’t have control and the kind of big picture analysis that people like OP love doing would be better spent on analysing who has power and what interests they have and how they might react to events, rather than working from events and assuming that they are controlled by specific power and interests

>>23789324
bitcoin just got the taproot update

>>23789302
Terrible
The jews/elites own the fiat and the media. And the voting system to some level. They won't shill for crypto, never ever

>>23789335

What the fuck are you talking about? The election was completely rigged including voting software that flipped votes from Biden to Trump. It could not have been more controlled by corrupt elites.

You are retarded.

>>23789340
A quick google seems interesting, but too sleepy to look it up in detail now, im surprised bitcoin is actually doing stuff

>>23789349
these things are cyclical once someone rich has a bag they will shill. 2013 and 2017 are evidence of that.
there was even that day someone market bought 6 figures of stellar. the next day was followed by a cnbc segment on stellar and some big market sells.

>>23789349
The Jews and elites you speak of are corporations and big banking. If you cannot connect the dots on how both can profit, or gain power from this then I cannot help you.

>>23789353
Which elites? Why are they interested in Biden specifically? How do they benefit? Why wouldn’t these “elites” want trump elected instead?

Any retard can claim events are controlled by “elites”, but actual knowledge comes from asking the above questions.

>>23788991
I agree that it'll be the pump of all obvious pumps. Don't get caught out though. BTC chain is still the cain of crypto. Boomers are about to move their entire debt-forgiven worth into the exact coin banks have been accumulating. Banks will dump on boomers. Boomers will be bagholders of $100,0000 BTC while the world has already moved on to useful L1 chains.
Ride the wave. Don't marry it.

>>23789497

Biden is a communist Chinese asset.

Communist China was built by and is controlled by GLOBALIST INVESTORS who want to own the planet and are driven by luciferian spirituality to cause suffering for humanity.

Biden will destroy the US constitution, make America communist and controlled by China, destroy property rights and the vest property in international investors who will own everything and torture and rape Americans until death.

Hello op, you never responded to my posts last night, I was the one who posted >>23773279 (You)
>>23773350 (You)
>>23773476 (You)
>>23773498 (You)
>>23773527 (You)
in your last thread, is this what you are talking about?

>>23789034
I would say so. Or perhaps he might be interested in which firms are moving to tokenize first. What would happen if that were the case?

>>23789059
But one piece of the puzzle

>>23789263
And what will you do after?

>>23789302
Well done. Keep taking it forward.

>>23789527
Very well done.

>>23789735
>5tps already maxed out
the retard that has been "predicting" a black swan for months is as dumb as expected

>>23789692
>exactly which then onboards us citizens, cascading to the rest of the world, into crypto, mass adoption virtually overnight all brought forth by a threat to the democratic process, its the most american thing I have heard in a while

top kek you fucking retards realize the government relies on software created in the last millennium right? and you think they are going to adopt blockchain OVERNIGHT
AAAAAAAAAAAAAAHAHAHAHAHHAHAHAHAHHAHA

>>23789789
Who said anything about overnight? There are US patents for blockchain back in the 80's, this is a plan long in action.

>>23789789
>the government
you remind me of how in the news "4chan" is one person who goes out and does bad shit. You know how stupid those boomer newscasters sound when they talk like that? That's you.

bullish for UNN either way, right? https://unn.finance/wp-content/uploads/2020/10/UNION-Whitepaper-DRAFT.Oct_.2020.pdf

"bullish for UNN either way, right? https://unn.finance/wp-contenDERPDERPDERPt/uploads/2020/10/UNION-Whitepaper-DRAFT.Oct_.2020.pdf"

Dear pajeets, the spam let's potential investors know your coin is bad right off the bad, red flag. Any swaps you actually get from the spam are literally dwarfed by the swaps you will never get because you chose spam as your method of marketing. First impressions and all. Learn to western mindset.

>>23789802
>>23789814
wishful thinking boys you know whats funny?
i was sitting on the beach staring at the ocean one with nature tripping on a high dose of mushrooms and a plane flew by dragging one of those banners that said go vote or something along those lines.
This made me go all in on chainlink

>>23788780
so they're going to make fiat currency provable on the blockchain (by scanning a qr or something?)

>>23787334
My last guess was voting establishes your verified “wallet” via blockchain. This uses (link)(?) to usher in widespread use and awareness of blockchain/crytpo plus verifying election fraud.

OP sounds like the same mentally ill rainbow chart "bear season" faggot poster that kept smugposting in his own thread until all his puts expired worthless.

TRUST THE PLAN™

OP is such a fuckin fag with his cryptic messages as if he is some ESP/time traveler. even if you do have some level of extra perceptional-ability, there is literally no need to pretend like your some fuckin puzzle waiting to be solved. prolly some attention seeking gypsy tranny irl.

>>23789735

I was the guy posting about the 18000 LINK and land in florida, i was banned on my other IP for some bullshit reason.

The boomers will go to firms that are tokenizing like Fidelity which will give them more Assets under Management (AUM) which they will diversify into crypto ETFs which will cause a mega pump just like the NASDAQ and FANGS have been pumped by QQQ and other passive ETFs. BINGO!

Once i get my land in Florida i will relax for the first time in my life.

>>23787736
> Q3 banking activity
Oh dear lord, this is a XRP schizo thread, isn't it? If it is, I'll buy a bag just in case.

>>23788671
>BTC is the future of gold, performs every function of gold in a superior way

>no existence in the physical realm
>arbitrary number of btc literally created out of thin air
>already obsolete technologically
>no use cases
>don't store any value through transformed human labor
>infinite fractionality
>a fucking ponzi scam
Cretins of your kind have no ideas what they are talking about. Btc is literally the anti-thesis of gold, and no matter how many times scam artists and deluled maxis repeat this retarded mantra, it will never ever hold any truth.

>ITT a bunch of hicks who couldn't get re-elected larp about getting the gov to adopt BTC while maintaining some sort of majority stake

my sides, just accept your loss and go fuck each other in the ass faggots

Read thru the thread, so far we have, ahem:
>Boomers will buy our bags
Cool fucking thread faggot OP

>>23790181
This. Gold require a lot of work to change, btc requires a lot of work to be maintained

>>23790124
Not what I was getting at. There was particularly questionable activity taking place between banks starting then until March.

>>23790181
>>23790357
There is room and purpose for both. Consider the purpose of BTC without thinking of the coinage.

Until next time, gentlemen.
Have a good Monday.

>>23790420
Btc has no use it cant do more than 7tps. 144mb/day. You're asinine

Op likes to drop these threads and then leave, either share what you are thinking or fuck off...everyone can read the outline of what is happening, its the details that we dont know, add to the conversation you started, dont be a voyeur

>>23790420

yes, i am a finance lawyer at a big bank working on certain lending products that blew up in September of 2020 and that is why COVID was realeased. it was a cover up of the fixed income lending market collapsing in March 2020.

>>23790469
September 2020 and covid was released October 2019

Idiots

>>23787226
Are you trying to become the Q of crypto?
Qrypto?

>>23787226
You're fake.
And you're gay.
And you're a nigger.

The US will use Stellar for the re-election. Trump wins in a landslide. XLM becomes the de facto standard. The rest is history.

>>23790181
>>no existence in the physical realm
>>arbitrary number of btc literally created out of thin air
Not only do these items contradict each other, they prove you don't understand how mining works. You should lurk for like a decade before you ever post again.

>>23790476

it was a typo you faggot, i have been drinking beer all night

>>23787226
Qtard trying to find his next grift now that their god-king's been outed as the loser he is

>>23790476

god you are a such a faggot, people make typos

>>23790636
Would you share the specifics of these certain lending products?

>>23791037

They are called "repurchase agreements" or "repo" for short.

Corporations and hedge funds that have big pools of fixed income securities or equities can sell them to a bank for cash with an agreement to repurchase them later and the repurchase price can build in a certain amount of implied interst or the parties can agree to certain periodic interest payments.

This product is an undergirding of the financial system that blew up in 2008 and blew up again in 2019. i accidentaly typed 2020 above because i have been enjoying some beers tonight and the faggot above cant accomodate that i guess.

basically the repo market did a 2008 all over again and COVID was released by the military industrial complex to cover the ass of the bankers.

let me know if you have more questions, i have a lot of interseting info from the inside of the system and i am happy to share and will not give you blue balls like the OP

>>23788512
Holy shit! 100k XRQ just flew over my house.

Starting to think BTC won’t die just cause its a shitcoin. If the boomers are demanding Bitcoin then there will definitely be a layer 2 solution for trading to allow them to make traded quicker. However I do agree than the boomers will be heavily dumped on by banks after they make most of their buys keeping btc at a low price around $100k longterm. Things like Chainlink will skyrocket as people start to diversify. Regulated oracles like Flare for xrp will also make their big break in this rise. XRP will also likely be the standard for CBDC transfers across nations as most governments would likely want a walled garden structure for their respective CBDC’s as well. XLM will also likely be the 3rd world currency allowing those poorer countries to be a part of this new digital economy with on demand liquidity, they just won’t be using XRP. As these systems get larger and Oracles start to need subjective data people will start implementing systems like Kleros to deal with those things. IOTA will also make its big break as many new things will be tokenized and be connected to the net. Privacy tokens will be invaluable during all of this as people will start to value privacy more and more. NFT will also likely become way larger than people anticipated within the next year alone due to social media companies like Twitter and Facebook wanting to get in on the action. The biggest catalyst for all of this will be the blockchain verification of the ballots. Afterwards the great reset will finally begin as the NPC’s if the world will finally be aware of the value of blockchain. The biggest implications in all of this is that out of a system of people witnessing said system as a whole species we’ll finally being to life Shor’s algorithm. We’re not only at the precipice of blockchain going mainstream but conscious AI being born. We like to think technology will advance as it has over the last couple of decades but it grows exponentially.

What a time to be alive.

>>23791072
I am interested - a better understanding of some dynamics at play would clear the fog from the gameboard. How exactly does the covid virus tie in with covering the ass of the bankers? I do not have much knowledge of the banking industry so I am struggling to connect the dots there. Additionally do you see the banking system aquiring digital assets as another anon suggested?

EVERYTHING will go down (maybe buy some war related stuff tho)

>>23787226
I think personally Chainlink is the answer - the only and I mean only reason I think this is because of the the ip3 talk about fraud and identity/theft/fraud by Ari Juels . How’d I do anon

>>23791272

we have a debt based economy and repo lending products provide a lot of the liquidty by leveraging debt based assets (US treasuries, corporate bonds, etc...).

When the liquidity flow of repo stops due to a spike in the repo interest rate, the liquidity in the economy stops and there is a liquidty crisis that spills over into mainstreet since corporations that provide jobs and goods cannot funciton, so main street has job layoffs and goods shortages, and GDP crashes and you have outright economic deflation.

The bankers would typically be blamed BUUUUT, COVID conveniently intervened and required the convenient shutdowns/lockdowns.

the lockdowns resulted in most businesses being deemed non-essential and causing them to go bankrupt and that created outright economic deflation.

blending the economic deflation of the repo crisis with the intentional economic deflation of the COVID lockdowns creates an indistinghishable mess of dfelation that shields the bankers from blame for economic collapse and collapse of the banking system.

the military industrial complex (i.e. CIA, DOD and the private weapons corporations) are financed by the bankers and they are friends so they protect each other. the military industrial complex created COVID to protect their friends.

does that make sense?

>>23791388
>we have a debt based economy
this is where everything goes wrong

>>23791418

you mean our economy is wrongly structured or you mean my explanation is wrong?

i assume the former not the latter.

also i am 10 beers in.

>>23789401
HAHAHAHAHAHA FUUUUUCK YOOOOUUUU FAGGOT
>I'm surprised the most actively developed crypto at the absolute forefront of innovation that singlehandedly spark your shitty shitcoin copy is actually doing stuff
FUUUUUCKKKKKKK JUST HOW RETARDED DO YOU HAVE TO BE???

>>23791430
meant more "economy is wrongly structured"
your write up i thought was pretty good. i'd like to read and know more about it, desu
is there a source i could read more up on this?

>>23787226
oh shit are you THE le epic black swanerino poster that knows everything?? :O WOW !!! you are so cool for sharing these mind boggling insights !! so totally epic !!! upvoted !! looking forward to your next blogpost !!!

>>23791418

i think we should have a savings based economy not a debt based economy

>>23788378
N is talking about gay nigger from space Obama

>>23791072
To save you some typing, I'll start by listing what I know and perhaps you can correct me where I may be amiss -

Repo market allows hedge funds and such to have low risk short term investments in borrowing securities from corporations in exchange for access to liquidity, oiling day to day operations of markets

Fed pulled a trillion dollars out of repo market through government backed securities resulting in liquidity crunch, not enough assets and high demand for liquidity

Entities begin to fail, gov intervenes to reinject liquidity - enter q3 2019 through q2 2020

Claimed not quantitative easing as the liquidity injected is in the form of short term loans and thus must be repaid and is not affecting inflation(is this true in the scale of things?)

From here I am uneducated as to how this ties in with the current discussion, or how corona covers bankers other than the obervation that the economy is in an acute short term artificially induced recession (due to corona).

Would you be able to offer your perspective?

>>23791464
>i think we should have a savings based economy not a debt based economy
i think the same, though i don't know enough about economics to know how that would happen or how well it would "work" (it'd probably slower moving than a debt based one so people will think the faster debt version is "better" only because it grows faster, but eventually it all implodes in the long run)

posting something i saved forever ago about repos

>implying anything changes because of some election

>>23791388
I see I was too slow - give me a moment to digest your reply, thank you.

Additionally where do you believe the wise should be positioning themselves to exit this mess positively, and have you seen any indication of cryptocurrency or blockchain coming to the field?

>>23791444

well, i went to law school and worked as a finance lawyer at a law firm and then three banks and an insurance company so that is how i learned about all this shit.

i cant think of a book that pieces all this shit together. The Creature from Jeykll Island is good but it doesnt cover repo type shit. its just about how the aboination of the FED was created, but its a good starting point

>>23791444
Read chapter 1 of The Blockchain Alternative

>>23791533
>The Creature from Jeykll Island is good
this one i've read a lot of summaries for and others takes on it, but haven't read the actual full thing itself
i've watched hour upon hour about how the fed "works" and i still can't wrap my head around it. like people talk over and over again how the fed isn't actually "printing money", they just buy up assets to provide liquidity to the markets
i feel like i used to know and remember a lot more about it too, but too much alcohol abuse has damaged my brain somewhat

>>23791604
>Read chapter 1 of The Blockchain Alternative
cool thing i'll look into it

>>23791494

Thank you for that, I have saved it and will be going through it when I am not online

>>23791533

It does, thank you. That filled in more than a few holes I had of my knowledge on the topic

>>23791533
So then if this is the current landscape, corona will go away when it is no longer useful - what does that environment look like and what do you foresee will be the next steps of the industry?

>>23791524

NOT FINANCIAL OR LEGAL ADVICE

i think crypto is going to receive massive retail based adoption through exchange traded funds. The stock market has generated trillion dollar market caps through the phenomenon of passive ETF investing which has driven the market caps of the FAANG stocks to insane levels. This same phenomenon will drive the crypto market cap to multi trillion dollar heights.

i am all in crypto right now, 18,000 in LINK (about $210,000). i used to own cloud computing stocks which did quite well but i think crypto has more volatility with an upward skew so i am all in, except for the $40,000 in rifles, ammo and optics that i have to fight the communists if Joe Biden is actually inaugurated in 2021.

I used to have about $550K in stocks back in 2017 when i was 31 years old but I had an encounter with criminal elements of the security services and i was enrolled in a federal intelligence terrorism program that severely disrupted my career and my finances causing my finances to get cut in half, but at least i avoided bankruptcy.

hope the above helps

>>23791664

i think the banks are going to become crypto banks. they wont be using legacy analog (i.e. non digital assets anymore), so cryptos will be the best place to be for the foreseeable future as the whole financial system becomes crypto based

this is just my own view, not financial advice

>>23791698
>i think crypto is going to receive massive retail based adoption through exchange traded funds.
i see this too
we already know graystone and multiple corporations have already bought bitcoin as an investment, so it's only a matter of time before more come in
and i feel those lawsuit feels, i might get sued over dumb shit and lose 1/4 of my ass

>>23791743

the firm is called "GreySCALE" but i undersatnd the mistake since Blackstone is a big industry entity.

>>23791820
yeah ty i can't remember things very well

>>23791698
You don't own btc or eth? Only link?

>>23791723
Nor do I take it as financial advise, but I thank you for your perspective on things.

Let's hope biden and/or his policies don't become the future. I don't do party affiliation but the choice between shit and shit in a bag on fire isn't pretty. The republican party has thus far maintained what I see to be a more sustainable model in line with american values.

Good for you on getting into chainlink. I put my bets on ethereum and bitcoin. I can see tokenization of the current stock market as an eventual outcome. I think the two will coexist for awhile as separate markets and eventually technology will swallow the current form of shares and the systems will become entwined. I am expecting the next wave to peak as early as mid summer into early fall and am in LTCG territory. Hopefully the landscape at that point is clear enough that I'll know what to roll into once the mania dies down. Funny enough, once I heard about chainlink I figured it was too late. That was at 2 dollars.

>>23791872

nope, just LINK.

BTC is a flagship asset but technologically it is trash.

ETH is the base layer of DEFI and I think my bank owns some ETH related shit but i used UNISWAP this summer and it was dog shit, i lost thousands so the ERC 20 token defi faggotry is unnaceptable to me. fuck ETH.

with arbitrum for L2 scaling, threshold sigs, and verififable random function capibility, i think LINK is where its at for this run.

BTC and ETH will still make big gains, no doubt

>>23791908
>

the fact that you are here and bathing in this information, and that you own what i hope are material amounts of ETH and BTC put you ahead of probably 95% of humanity.

i will check in on these faggot "back again" threads in the coming days, maybe we can continue the conversation

>>23791970
Thank you. I'll keep an eye out for the next smaug thread. If anything it does spur some critical thought and that interests me. I have the kids/wife/mortgage thing going on, so I am at 5 digits but not 6. I expect it will be enough, or at least it will have to be.

>>23792098

well, i am 35 right now and i would trade my 18,000 LINK for the wife kids mortgage thing since it makes life worth living.

best wishes friend. i think five figures worth of crypto today will be worth millions this cycle

>>23791970
>the fact that you are here and bathing in this information, and that you own what i hope are material amounts of ETH and BTC put you ahead of probably 95% of humanity.
yeah i hope everyone here can make it
it seems like a lot of people believe the "btc/eth/link" holy trifecta of holding

>>23792295

btc eth and link are the most stable pillars of the crypto asset class

>>23792355
checked and agreed
i'm in 50% eth 25% link 25% btc
i hope those are good ratios

>>23792186
It's a compromise. I'll may never be worth millions, but the quality of life doesn't suffer for that. I'm 35 and all I've got left on my mortgage for the forever home is 200k and I can go back to a career that I enjoy again instead of chasing the dollar. So my "make it" figure is probably lower than many. I figure if I can escape bigcorp by the time I'm 40 I'll still have a sizeable pension and I may even get to retain part of my soul.

>>23792186
And good luck to you too. It has been an interesting conversation. If you would like to catch up another time my email is nine-eight at protonmail dot com. Hopefully we can both ride this wave to freedom.