/biz/ - Business & Finance

I saw some financial article where this guy was bemoaning the fact that investors don't value reality anymore basically. Maybe because the reality is people don't own much of shit beside the debt they are drowning in so they can work to pay off the debt they need to live.

>y-you just got lucky!
>tether will collapse and bitcoin will go to zero!
>it's not a real medium of exchange! you can't even buy a cup of coffee with it!
>c-consider donating some of your profits to those in n-need...

What a stupid post. Most people are not making bank, it is a greater fool type of scenario, even with Bitcoin. Not everyone is buying McMansion with magic internet money. It's the same with stocks. It is a minority who invest in these assets to begin with, but it is even a bigger majority who continously make bank/fortune with them.

>>28573614

> Maybe because the reality is people don't own much of shit beside the debt they are drowning in so they can work to pay off the debt they need to live.

I think a big factor is the skyrocketing value of intangible goods and services tied to the internet. Almost all physical markets have stagnant growth in comparison. Scientific innovation is going down the tube in all sectors but tech. Makes it all feel like monopoly money

>>28573454
omg is r/buttcoin about to name the jew? they're so close

>>28573454
>Money is a currency used to determine how much access to society's resource someone has.The more money you have, the more resources you can access.

No, in a keynsian system like the post 1971 system after the gold standard ended worldwide money is what the cattle use to pay their inflationary tax, asset or cryptos are what chads use to avoid that tax.

We warned you, you had 12 years.

>>28573454
you realize this is going to morph into white people equal bad right? I mean we've already seen streaks of it and since almost all of those who've made it in crypto are stereotypically white men it's coming. soon if you have crypto you'll be a racist white oppressor who colonized the gains of bi poc

i dont care, reddit suxxxx

>>28573454
KWAB

>>28574167
>Scientific innovation is going down the tube in all sectors but tech
They should probably stop preferentially hiring pajeets and thots then.

>>28574886
Almost as if we have to become bad and genocide them because that is what they want to fulfil their stupid little nigger dreams

>>28574284
they never quite get it

>>28575079
92

>NOOOO MAKING MONEY IS SUPPOSED TO TAKE 50 YEARS OF WAGESLAVING YOU CANT JUST PUT $10K INTO A CRYPTOCURRENCY AND MAKE 6 FIGURES I ONLY EARN $9 PER HOUR

These people are simply coping because they are too risk averse to put even $1 into a cryptocurrency, let alone a boomer stock.

>>28573454
why does reddit lose on every fucking thing?

>>28575326
they're cucks

>>28575237
It's honestly shameful that r/buttcoin even exists. The subreddit was created in fucking 2011, back when 1 BTC = 1 dollar. How can you possibly FUD bitcoin with that in mind? I would've roped a long time ago if I were one of these faggots. In fact, didn't the creator of the board an hero?

>>28575440
literally

>>28574035
Do you mean greater minority

The returns we get are compensation for shouldering the high level of risk :^)
That is legitimately a service.

>>28575326
Their entire voting system ensures rigging and censoring of controversial thought. That site makes it so they never get the full picture of anything.

I thought r/buttcoin was a satirical parody of bitcoin haters.. but it seems like now its people who legit hate bitcoin.

>>28573454
Never heard of this sub before, but browsing their top posts of all time convinced me once and for all that this peak will be over 100k.

>>28575326

There are more pro-crypto subreddits

>>28575876

Its an engineered echo chamber

>>28574886
I’ve thought about this before
I’m kind of worried someone is eventually going to want to take this money from us

>>28576022
I lost my private keys in a boating accident

>>28573454
Hes right that its rotten but its definately not 'gambling'. Gambling is throwing eth at uni shitcoins as soon as they are released and hoping for some quick x's before a rug.

>>28573454
sounds like that guy doesnt even have a job or else he would get in on this easy money instead of cry about it

>>28576022

>>28573454
>it's just luck!!! Incels shouldn't be able to get rich because they don't deserve it!!!
Lol as if somebody like Roy Kroc or Bob Iger "deserves" to be any more rich than your average person

>>28576142
Gambling on something without assets or dividends or scrap value is gambling.

>>28573454
They had to call it r/buttcoin because the jannies would ban them if they called it r/bitchcoin.

>>28573454
>Better apartments

They still can't escape the cuckbox after making it

I post regularly on r/buttcoin and have held link since 2018

>>28573454
Some may call it gambling, some may call it pump&dump, some may call is a scam, etc etc. The question is - so what? People who participate in it clearly understand what they are doing (even when it may seem as they don't), and w-h-y they are doing it. Oh yea, they exactly understand why they are throwing the money on the table and what could happen. And if they were not doing it in crypto or meme stocks, they'd just go to casinos or sport betting or playing lotteries instead - it's literally the same shit that has been going on for ages.

Gambling has existed since ever, and it will exist no matter what some people say or think about it. It's just that now gambling went full-digital-style, and nothing more.

Investing is still there. Trading is still there. Gambling is still there. And it is totally up to to decide which of these three directions you want to take.

>>28574886
prove satoshi was not black.

>>28577485
He had to work to code, so that excludes him being black

>>28576516
It’s obviously not gambling or most of us wouldn’t be making money

>>28573454
Holy shit the second half is even better

>>28575326
It's a cursed godless place that worship consumerism. They would downboat Jesus, 4chan would check his digits.

>>28573454
>Stocks and Crypto is gambling
Sort of but at least in these games, the house doesn't have the edge.

>>28577835
>I work a day job, working hard every day and trying to improve my skills, hoping to get recognized and achieve some measure of success in life
I genuinely don’t understand this.
If you knew there was a shortcut to a strong financial position why would you not take it?
Why would you waste my time developing a skill to help someone else in exchange for money when you could just generate the money yourself out of thin air?
That sounds fucking GAY and I’m just really realizing that now as I type this out. No wonder I am so desperate to escape the wage cage.

>>28577835
>I’M NOT SALTY AND HERE’S AN ESSAY TO PROVE IT

>>28573454
tl;dr, fuck off reddit

>>28575119
Pushing all these propaganda spewing morons in charge of academia is certainly causing stagnation too.

>>28573454
>oh no, people have a possible avenue to escape soul sucking monotonous busy work and be free
How is it possible that redditors can be such egregious fellators of the status quo, such mindless npc automatons that a few outlier investors earning enough money to never work again is the thing that they consider is wrong with the system? The fact that this possibility exists is one of the few redeeming qualities of the the contemporary world of finance.

>>28577835
Lmao, I like it how he's trying so hard to make casino wins look somewhat more justified than a random memer getting 100x on some shitcoin, when there is no difference at all.

>I'm not salty
>it really grinds my gears because they didn't do anything to earn it
That's like "schizophrenia - the post".

When big boi making money doing whatever he does - it's all fine.
When little guy makes money whatever he does:
>MUH UNFAIR!
>MUST TAKE AWAY!
>WHYYYYYYYYYYYYYYY???????

>>28577835
The envy is actually palpable, yet their pride precludes them from taking even a small risk on what has made others wealthy. Kek.

LOL salty as fuck

>>28577835
>to be clear here, I'm not salty because I didn't invest money

>>28577835
I work a day job too. How do you think I can afford to buy crypto?

>>28577835
>The second paragraph

COPE

This post is so stupid. Everything is zero sum. The stock market is zero sum. You don't don't hear people complaining about it as much because it hasn't crashed like 90% percent like crypto did in 2018, or isn't rife with p&d ponzi coins.

Everything involving money in life is zero sum. It's just not as noticeable outside of the relatively small crypto space. Either play the game and win (without scamming people) or forever stay poor.

>>28578623
KEK MY SIDES. NEETS are the future elite and Jews and these faggots are SEETHING

>>28578895
everything isn't zero sum you fucking retard
you have no idea what you are talking about

>>28574886
I actually saw a gas station sign in a Mexican neighborhood in a poor, big city that said "bitcoin deposit here." Not sure what to make of that.

>>28573454
>bitcoin goes up
>you just got lucky, you don't deserve it
>bitcoin goes down
>haha loser that's what you get for gambling
you can't have it both ways

>>28579065
investing and money is zero sum. fuck off.

>>28573454
Every day I hold my Bitcoin...
is a day a redditor gets BLOWN THE FUCK OUT

damn it feels good to be a coiner

>>28578080
And you got 8080 based numerals

>>28577577
Isn't coding a cryptocurrency trivially easy?

>>28575653
He invests in crypto, he's either an idiot or has no integrity and will probably lose either way.

>>28580899
Checked

>>28573454
legendary levels of cope holy fuck

>>28580908

Yeah now that you have a blueprint. Try coming up with it on your own

http www reddit com r/Buttcoin/comments/lhuj4f/notacult/

KEK

>>28575326
Because they are nice guys and they play by the rules band the believe the world is a fundamentally good and decent place

>>28573454
Cope overdrive

typicaly

>>28582100
>nice guys

Nice guys don't spend their limited time on Earth browsing a SHIDDIT sub dedicated to circlejerking at how bad Bitcoin is and trying to gain some satisfactions at people losing their money. These "hatesubs" are filled with the biggest subhumans. They are narcissistic faggot midwits who lack humility.

>>28582127
dare I ask what "pedopeso" is?

>>28582298
That’s actually true my nig. Redditors think they are smarter than other people and they aren’t. That’s precisely why they always lose

>>28576142
>definately

>>28573454
I stopped reading at communist talking points.

>>28577835
>I am being mr. Shekelberg's little good goy, but I am not rewarded adequately for it, aaaaaaaaaaaarrrrrrggggghhh

>>28582574
no idea but his comment before is him telling a barely legal looking girl she has a great body lmao

>>28574167
>Scientific innovation is going down the tube in all sectors but tech
>Scientific innovation
>all sectors but tech

nigger what?
scientific innovation is tech, there is no seperate sector called "tech", what we call "tech companies" are just companies with the most innovation

>>28579194
With futures, yes. But with regular investing, not at all, you are retarded

>sub created when bitcoin was a dollar

I am sure this sub isn't filled with psychosis level seething. I am sure they are happy knowing that a mere $25 investment could have made them a millionaire a decade later

>>28577835
Why the fuck would you hold yourself to some arbitrary standard of “fairness” like this?
Tons of successful people in this world didn’t earn shit, but you don’t see them bleating about the injustice of it all. This is why rich people stay rich and poor fucks like this remain poor, and never rise above being used as a tool for more successful people to exploit. Good grief.

>>28583320
He means tech in the internet computer sense not in the literal definition you fucking retard

>>28580908
Is it? So i can make my own?

>>28583584
>why are the most innovative companies built on computers/internet
Amazon is a retailer, what separates it from Walmart is better technology
Google is an information aggregator, what separates it from a library is better technology

my point is, it's not that scientific innovation is happening only in the "tech sector", but rather what we call the "tech sector" are just companies with the most innovation

>>28579087
I think if Hispanics adopted crypto they would join Asians as being the "wrong kind of minority. "

>>28577041
You must go back.

>>28578895
You're a fucking retard.

>>28583320
That frog is a picture of u

>>28583839
That's not true. The tech sector is considered to be computer hardware, software and services.

>>28584359
this fucking piece of garbage paul krugman has so consistently been wrong i my lifetime that you can accurately predict the future by taking the opposition position on whatever this fuckstick spouts off

>>28580908
ethereum didn't exist back then so making your own crypto wasn't as easy as plugging some shit into an erc20 generator

>>28575326
Because their brownie point system only allows careful discussion of heavily curated and safe mainstream topics, these topics are ultimately decided by the same elites running the show so they craft opinions to keep the slaves
obedient and poor and they not only follow willingly, they are willing to go the extra mile to defend their slavers and misery. Do not even waste time trying to dig some sense into them, their indoctrination allows no questioning of their dogma under any circumstances and will label you as hostile.

>>28574886
Couldnt ever take wealth from those who deserve it taken from them (jews) but can take it from your neighbours. Sadly some people actually think like this...

>>28573454
>luck BAD
Reminder that Envy is a Deadly Sin

>>28582100
not true, their world is sordid and empty.. there's no "happy place" and they're not "nice guys", they're mostly insecure degenerates seeking validation from each other.

>>28577459

It's not gambling, and it's not investing either (no productive business/industry). It's speculating. Gambling refers to the degenerates margin trading. They are indeed sick.

Simply buying Bitcoin 2018-2020 is called "not being a retard."

>>28585184
>Simply buying Bitcoin 2018-2020 is called "not being a retard."
I bought but I am a retard. Does this invalidate your theory?

>>28579194
Investing isn’t zero sum brainlet.

>>28585290
This desu

>>28575326
the buttcoin sub has almost zero active posters. the crypto subs on the other hand have millions.

>>28578895
>without scamming people
The rules are so arbitrarily specific.

They're just bitter

>>28578623

>NOOO WAGIE MUST BUILD MY HIGHWAYS AND GIVE ME WATER, WAGIE NOT ALLOWED OUT OF CAGIE
>NOOOO COME BACK WE'RE ALL SUPPOSED TO BE WAGIE TOGETHER NOOOOO

>>28576516
Life is a gamble

Only took 1 pathetic fake virus to nuke every airline

>>28582030

Best-paying cult in the world, kek

>>28578623
>>28577835
I actually agree with these redditors. They’re close to realizing they’re in hell world ruled over by the jew and they’re not aware that the only escape is by yolo’ing your money. Window is closing.

>>28585516
>those downvotes
Lmao, all that salt they are so fucking jelly. Good for that guy, he put in the effort and made it work. I put in $900 during college one summer in bitcoin, turn it into $15k leaving it alone. Pulled out some earning and making it grow again. Anyone can afford $900 and thats me not actively trading just hodling. Retards are never gonna make it and should quit bitching that they are too retarded to

>>28574886
I'm not white, I'm Jewish now

>>28585290
I guess so. I don't know what sort of creature that makes the people who didn't buy, though.

>>28573454
So people are getting in on the international jew's game? So what?

>>28577835
He spends an entire paragraph whining about how hard he works only to barely scrape by, and he seems to take pride in his participation in this system. Then he calls crypto trading exploitative. One person saying "I think this coin will decrease in value, and will therefore sell it for price X" while another person says "I think that coin will in fact increase in value, and will buy it from you at your stated price." That's more exploitative than pic related to this cuck.
And it's not a fucking casino either. Programming slot machines to exploit little old ladies dopamine receptors with flashing lights and sounds while it's mathematically impossible for the house to lose is a whole nother animal.

>>28585516
Redditors should hang all just hang themselves already.

>>28575326
They’re NPCs who are constantly polling Goldstein’s API for new instructions which will never result in them doing anything other than consuming and thinking approved thoughts.

>>28585516
That guy definitely deserves his own citadel. He gave up his avocado toast, worked hard and sacrificed a lot, he's the underdog "hero" the commies think that they are.

>>28585516
>FUCK YOU FOR SAVING MONEY RACIST

>>28576022
>someone
I can tell you who wants to take it anon, but you may not want to hear it

>>28585907
They really should, redd*tors are truly subhuman

>>28573454
>I don't know what I'm doing and nobody else does either
>Y-you just got lucky! Studying, reading, researching, obsessing, and spending hours upon hours of thinking about a topic has nothing to do with success!
This nigger literally does not understand risk vs reward. I would bet that he actually is a nigger. And what exactly is wrong with never having to work again? These are the same kind of people who are lazy bums but hope for a Communist utopia to save them, when in reality, they would be asked to face the wall.

>>28585516
>you were privileged for being able to live in poverty!

>>28586007
Absolutely this.
I need to see this http://earlyretirementextreme.com/
looks like this website is based.

The great awakening continues in the average Reddit fag mind. Wait until they join the dots and realise it's all been a plan by the Federal Reserve to extend and pretend control by the boomer generation.

You had 12 years.

>>28585516
fucking lmao. buttcoiners have such a loser mentality. these people are probably energy vampires

>>28574886
thank god i only larp as a white nazi on 4chan

amirite guys?

>>28585516
He's not wrong. A lot of people are stuck with crazy hospital bills through no fault of their own or they got forced into taking out massive debt to go to school when they were still a child. He's just confusing luck with privilege

>>28576022
Oh they will, that’s why you never fucking tell ANYONE you own a single sat in crypto.

>>28585939
Insanely based analisys

>>28578623
>everyone around me is investing their money in things they believe in and getting rich
>this is bad

Imagine that there was a lottery, and all you had to do was buy a ticket to win.
yet you refuse to and complain about the people who do.

>>28573614
Honestly I just want to be happy now.

I don't know why, but why is everything in our society about gaining social status. Wage slaving and being a workaholic. Only to retire and die shortly after.

I don't care anymore for external validation. I realized I'm the only source of validation I need.

>>28574670
Based austrian econ anon.
Shit has been going like this since the fed was introduced.

>>28576022
That's why you don't buy on stupid Coinbase and anything with your social or ID.
If the govt does not know you have crypto no tax + no confiscation

>>28585356
Stonks are zero sum and that's what he's talking about. So there can be no populist solidarity since most people have to lose for someone to make money

>>28577835
>sitting at a desk
>working hard all day
hahaha. 100x leverage short this guy

>>28586704
Dude you are literally gambling with money , people that buy a lottery ticket spend like an ounce compared to the retards gambling their futures or family futures on this shit especially on this retrded board. Get a grip haha

>>28574886
Lmao where is that article some woman basicly trying to virtue signal but instead made it seem that blacks and women being too dumb to use crypto. Ffs it really is clownworld when you think crypto is trying to build barriers to entry.

>>28573920
>j-just cause you were there first... d-doesn’t make it yours!

>>28585516
these people are genuinely retarded, absolute loser and defeatist mentalities, shifting blame to anything and everything as a cover for their own shortcomings.
the absolute mental gymnastics in clouds responses.
>you were in a position of privilege!!
>you had the opportunity to live dirt cheap
uh newsflash retard, someone who is privileged doesn't need to adjust and lower their living standards into abject poverty tier levels to the point where they are living with a random Vietnamese family to better their financial situation.

>>28585356
See: >>28586794

just look at gamestop brainlet. redditors thought they could take billions from the hedge funds. they did, some one, but in the end thousands of redditors are left holding massive bags and thousands in debt. It's zero sum.

Everyone is just shuffling their money around. Just hope it's some rich asshole that loses.

>>28586789
So what do you use? If you want to cash out you will have to use an intermediary with your real ID

>>28584233
The woke opinion on Hispanics and Latinos is already starting to shift because it turns out most of them are religious, hard workers, and dislike illegal immigration.

>>28578148
>why not take it.
Scarcity mentality. Also being too risk adverse to ever get anywhere. It's the same kind of people who never advance in their careers or ask the girl they like out. I refuse to humor this shit, we were born to take chances and shoot for the best life. Not the safe one.

>>28573614
If it was on ZH in the last few days, it was Blain in his "Morning Porridge" newsletter.

He made good points about why Bitcoin is silly and worthless. I often worry about exactly those things, that I'll wake up one day and see headlines like "People Finally Stop Believing in that Bitcoin Bullshit and Now It's Back to Zero". I constantly wonder if I should cash some of mine out so I have at least a little money left when the insanity stops.

I'm glad I got in at an average of $300 and am sitting on a 158X right now. I would never touch it at this price.

>>28587048
Yea meaning let's put another mortgage onthe house to buy more speculative crypto assets am i rite? Y'all are clowns brah

>>28586959
Yeah lol. The best was my friend who's idea of "solidarity" to screw the hedgies was to buy 3 shares, hold 1 and consider it a loss but sell the other 2 so he makes a profit

>>28586838
what the fuck are you talking about?
you didn't even address anything that I said.

but fyi
>people that buy a lottery ticket spend like an ounce compared to the retards gambling their futures or family futures on this shit especially on this retrded board.
is just objectively wrong. gambling addiction is far worse a problem than INVESTING you fucking retard.

>>28586741
My theory is corporate subversion. Before Social Media, only people who had to worry about those things were people climbing the corporate ladder. The average folk who didn't graduate college just had a job and a blockbuster card. They surfed when they could and just enjoyed life.

Now, if you have time to enjoy life. It's time to be record yourself and use it as marketing experience that betters your linkedin page. South Koreans create youtube blog channels to better their resumes as students. Even if they don't want to. Everyone needs a degree. etc.

Companies can get high quality, highly competitive workers without breaking any expected costs. And if it isn't workers hired from home, they can easily get an foreign student that's just about to graduate as a replacement.

Cattle. Corporate Cattle to rotated out once you've burned out. This is why my experience I always go for small companies, at least they are transparent about it.

>>28586992
I'm leaving the USA
Buy with cash

>>28586794
Stocks are not zero sum but options and futures are. Jesus christ educate yourself this board is just shilling trash coins

>>28578623
Good for them. Why are people so salty about this shit? Get on their goodside and learn something. Realize you can make some money as well.
>muh jumped through the hoops society told me were "guaranteed" to make it. Hate it when someone proves it wrong!

Maybe this will shine some light on how fucked out economy really is.


>>28583839
Na what seperates amazon is the brilliant solution bezos came up with when solving how to ship shit cheaply and quickly. Improved the ability for people to get goods, provided more value for my dollar.

>>28587171
Really? we're you living under a rock a week ago when biz was spamming WSB threads with people losing all their money / houses / tuitions? Fucking retard investing in stocks and crypto's is the biggest gambling addiction ever. Brainlet

>>28586794
>Stonks are zero sum
real brainlet hours

>>28587033
"Hispanic people don't come to the United States to be honorary bLaCK people"
And that's how the woke cancer Dems treat them. Trump got higher hispanic vote in 2020 than 2016 and higher in 2016 than Mitt Romney in 2012. Big shift to GOP

>be 3rd worlder
>worked for a literal jew for 5 years
>10h+ a day
>low wage, high effort, got multiple injuries
>got into crypto this January using 20% of my savings
>already doubled it
>made a year worth of wagecucking in two weeks
NOOOO WHATHEHECKERINO YOU CAN'T HAVE A BETTER LIFE BY TAKING RISKS

>>28586789
I lost my eyes in a terrible boating accident. Unfortunately, it's untaxable. Mr. Kikelstein will be angry but there's nothing he can do.

>>28575440
Yes.

>>28587486
Based, happy for you anon. You're gonna make it.

>>28587136
>lets get a morgage and pay 50% of my wage because society told me this was the only way to make it.
Or dont fucking get a morgage, rent a house and spend the money you would on your morgage investing in stocks or crypto.
Yea bro i meant just make uncalculated risks based off sheep mentality like with gamestop.

>>28587067
Except naw.
More likely the USA differs a currency crisis due to dollar losing 30-45% of its value over the next 5 years. Listen to latest Macrovoices podcast

>>28587067
>people stop believing in gold, crashes to zero

Same thing. And no, there's no such thing as "inherent" value; all value is relative and a figment of man's mind. And yes, gold has limited utility as an industrial metal - Bitcoin has utility too, as a value-transfer network. The reason both are used as stores of value - and fetch a high price - is mostly due to their scarcity.

>>28587486
Great job, man. This is what I like to hear

>>28575139
Sadly I don't think we'll ever get there.

>>28575922
I had a back-and-forth with someone who I comment-stalked and found out that he posted in there. That's what he claimed too, that it was to get away from the circle-jerk of /r/bitcoin. But his comments in Buttcoin were a little too bitter for that, and the whole sub is just plain too bitter as well. I haven't seen a single even slightly funny meme in there, it's all just massive butthurt. My guess, they heard about Bitcoin and were pissed that they didn't buy in and become billionaires -- maybe they were gold bugs, maybe they just lacked courage -- so now they cope by trashing it.

>>28587558
But people follow the herd mentality pretty much everywhere , to take small risks would mean to invest small and regular but still be aware that you might lose it all next week.

>>28585687
Indeed.
Salty and jelous as hell, but they kinda have a point. People used to be able to support a wife and a family with an average paying job, thats all they wanted, and that's what they were told to do. "Be average Joe and it¨s gonna be alright". Instead they got fucked.

They should be salty on the corrupt system and the state rather than the people that avoided financial rape.

>>28587429
look at the post I'm refering to and think use your fucking brain
>buying TSLA stock
>holding for years
>crypto

yes WSB was a honeypot for retards, it is not INVESTING, like picking something you truly think will do well and HOLDING FOR YEARS.

Idk if you're just some JIDF antagonist, but at least stay on point before spewing your retarded shit.

I'm a socialist
But this dude is stupid crypto is the best chance at significantly improving our material conditions with minimal investment for average people.

>>28586838
>>28587136
>t.absolute seething nigger faggot cuck

HAHAHAHAHAHAHAHAHAHA STAY POOR NIGGER! ENJOY SLAVING FOR ANOTHER 50 YEARS! LOW IQ FAGGOT NIGGER KEK

>>28573454
Wait until they don't buy API3 this year.

>>28585516
I literally live with my parents doing manual labor 57 hours a week and invest everything. When I actually make it these fucks will call me "privileged". Fuck these people

>>28573454
Nocoiners will stay poor, but he has a point. The fact that I have $80k in crypto that could be US dollars with the press of a button and STILL feel like a subhuman poor must mean something about how fucked up our economy is. If you went back to nearly any other decade of American history, I’d be a pretty happy guy. If my grandpa was 23 with 80k in the bank he’d be retired and probably be buying a second home. Me? Just struggling to pay rent and buy decent groceries.

>>28574886
thank god im not a man or white, no one would dare say shit to me. I would lie anyway so it doesn't matter. Not sure why others wouldn't do the same, your finances are no one else business but your own. Once I make it im not telling anyone.

>>28587666
Nothing is risk free. Not even the herd mentality. The housing scheme could crash tomorrow causing your asset to be worth a fraction of what you paid.
The herd mentality promises security, some people are willing to risk that for a high reward. Why should people get salty if they actually do get that reward?

>>28587916
Tbf my parents did not even know about tfsa until they were in their 40s. Lots of older gen are financially illiterate, can't blame them given the resources at the time. But in todays age? No fucking excuse for why you did not make it but the burnout from school did.

>>28587603
You put the counter-argument better than I could. These are the arguments that let me sleep at night. But I still don't know whether to believe them or not, even though I've used Bitcoin for purposes that no other form of money can be used for. Like:

* sending a donation to Edward Snowden
* helping relatives who are struggling financially in Iran
* paying for server time for a porn site I liked (legal stuff, not CP) without knowing who is running the server or where it is located, and without anyone being able to trace the payment back to me (no-KYC BTMs are your friend)

>>28587858
said the McDonald's employee with a zero portfolio. Go back kid lol

>>28577835
>they didn't do anything to earn it
Fuck you. I earned my gains by having the balls to put my money on the line. You chose to stash the table scraps your kike boss gave you in a savings account and the 0.5% interest is the reward you get for being a risk-averse pussy. Countless people may have lost everything on gambles, but nobody has ever gotten rich playing it safe.

>>28573454
So this guy is complaining that people can make tons of money without “working hard”? What a fucking boomer mentality. It’s 2021, there’s no reason anybody should have to work hard to make a living. We should be having AI robots doing everything for us by now

>>28588113
No advancement in society or progress in tech has been accomplished by playing it safe either. Fuck em.

>>28578080

>>28574886
but i am a racist white male

>>28585939
Kek it's always nice to see posts from threads I was in

Anyone who says investing in shitcoins is same as gambling means they dont actually understand crypto.

>>28580908
>Isn't coding a cryptocurrency trivially easy?
People had been trying to solving the Byzantine Generals problem for decades, Anon. Satoshi's solution is the first one that worked. Before him, nobody had figured out any mathematical algorithm to allow a cryptocurrency to function without some central clearinghouse -- which is the whole point of a cryptocurrency, and what distinguishes them from every previous payment network, MasterCard, Visa, banks, Western Union, PayPal, and the Islamic remittance guys.

Without that insight, without remaining hidden and making it an uncensorable distributed financial system, some government would just go after him, arrest the founder and anyone else who controls the system, and throw the people in prison as a lesson not to fuck with government control over money.

Just look at what happened to e-gold.com (I think that was its name, it was a late 1990s internet payment website), or the Liberty Dollar guy.

Satoshi's solution to the problem is brilliant, but also inefficient since it forces an ever-increasing demand for hashrate. We don't actually need however many exahashes currently "secure the network" in order to secure the network, it's just that at these prices it's so profitable that the chinks and russkies are paying millions of dollars for Antminers to use the entire output of nuclear power plants to do it.

if I had a chance to change anything I would like to shoot this nibbas who shilled there that trash
have already lost 2000$ for their trash bot
who this nigger that made this stupid retarded algorithms
seems like it is better to wait for full-ecosystem release for Bot Ocean and their solutions
my purse is crying

>>28585516
>having investment money means your privileged
Explains that he lived frugally to save
>moves the goalpost to say it's impossible to live like that
Mental gymnastics right there, bruh ive met people who were homeless who saved their money to invest. There is no excuse, just what you are willing to do to reach that goal.

>>28573614
>where this guy was bemoaning the fact that investors don't value reality anymore basically.
Meaning - he failed to recognize the value in a new medium and was unable to judge which products had quality and value. The dinosaurs are going extinct and they dont even know why it happened. Many such cases. Sad.

>>28578363
>How is it possible that redditors can be such egregious fellators of the status quo, such mindless npc automatons that a few outlier investors earning enough money to never work again is the thing that they consider is wrong with the system?
They're socialists. Reddit is overwhelmingly leftist. They live to control other people's lives and spread their own misery. They love censorship, they love forcing mask requirements on people, they want to strap everyone to tables and forcibly vaccinate them, they demand that you worship trannies and call you a bigot if you say you'd never date one.

Look at how they treated The_Donald and thedonald.win -- "nooooooo, you can't just set up your own website to escape our shutting you down whenever we feel like fucking with you!"

FFS, every time I post a comment about "trannies are mentally ill" or "they're not real women", /r/Bitcoin bans my account. :-) TOP FUCKING KEK, it's a sub about Bitcoin (the permissionless uncensorable internet currency) and their moderators are censoring wrongthink about idiots who mutilate their own genitalia.

>>28588648
You're privileged if you have an IQ above room temperature and possess the willpower to make sacrifices and not cave to consumerist bullshit designed to keep you poor.

>>28585821
cant beat em, join em

>>28578623
This one isn't wrong, though. Hedge funds don't produce anything of value, and in fact cause a lot of damage to companies by illegally naked-shorting their stocks so that the companies lose access to the financial markets. (Selling stock is how a company in trouble raises funds; companies get delisted if their stock prices drop too far.)

Hedge funds' raisin d' eatery is to market themselves to rich people as a way to get richer, and then to leech off the money flows. They're pure parasites.

>>28588892
The irony of redditors is that they promote individualism as a mlral. Yet only if it's the "right" indivualism. They love authoritarianism, and only the most braindead of them don't see it. Those who do refer to them as the useful idiots. Everyone one of them ends up something bland, boring, unfunny, and incredibly rude and self righteous. It's like those iverly religious parents that they hated so much, they just became them.

>>28576303
Redditors have been abused into adopting slave morality

>>28589143
Illegally shorting is manipulation, but we saw what happens if your shoet fails and you lose out big. I don't mind shorting, as the risk is way too high to see any benifit imo. It's when their short ends in a loss and they decide to make it so they don't have to pay the consequence for a risky play.

>>28589232
Midwits beget midwits. They're cursed to suffer in mediocrity. Being used by sociopathic leftists as useful idiots is the absolute most value they will ever have. Cattle at best.

>>28589143
So are 70% of Americans. Most people are useless parasitic eaters. No one cares that parasites are offended that more effective parasites are better at it then them. Once automation advances they'll be made fully redundant and we can be rid of at least 60% of them.

>>28577835
Somebody post the fat smug pepe going up the escalator meme

>>28589562
I'm a wagie and the thought of fat greasy anons making 10s of millions just shitposting makes me feel so warm inside

>>28589232
REDDIT IS NOT A SOCIAL NETWORK.
Reddit is a propaganda machine pretending to be a social network.
Learn the difference.

It all comes back to the work of Edward Barnays, namely the observation that normies will not believe politicians but will believe celebs and other normies. The celebs angle you know.
Now reddit is the propaganda machine using the normie-to-normie channel.
All content comes from normies, yes, but it's filtered using their algorithms so that only "correct" opinions have the floor. That creates the illusion that normies are pro whatever shit the site owners want to shill.
That, plus some accounts are outright bots.
Oh and remember that in all likelyhood Ghislaine Maxwell (Epstein's gf) is /u/maxwellhill. /u/maxwellhill has been s a supermod of top 50 subreddits for like 10 years. The account went dark the day she was arrested.

Go back to >>>/r/eddit faggots.

>>28578895
>Everything is zero sum
No, it's not, otherwise we'd all still be living in caves and eating bugs. (Which is where the socialists want us to end up again.)

When Microsoft came up with the idea of selling home computer software as a product, they became rich, and they enriched everyone else. Prior to Altair Basic, software was just this free thing laying around that nerds put on bulletin boards for other nerds to download. And selling operating systems? What the fuck, man, those come with whatever computer hardware you bought, from the manufacturer.

Companies are supposed to innovate, which generates value, which raises everyone up.

>>28582574
They think Bitcoin is used for child porn and drugs. Which it is, just like the U.S. dollar is.

>>28582923
BRB gonna check dat ass out.

Not bad, this is what he's commenting on:
https://redgifs.com/watch/singlespryclam

>>28583839
>>28584536
Amazon makes most of its money nowadays from AWS and CIA cloud-based contracts. Not joking, look up their financials. Bezos was in an absolute fucking panic when the Trump administration forced competitive bidding on a $600M CIA contract and Amazon lost it.

>>28578148
this, these are the same types of commie knuckleheads who claim that everyone would be so much happier if they didn't have to worry about working and could focus on their creative passions. They don't realize that crypto lets you do exactly that you just have, I quit my wagecuck job after I accumulated enough to make a comfortable amount staking and now I can get back to making art. You just to have the tiny amount of balls it takes to jump in. Their assmad whining only gets more retarded and pathetic as time goes on and it becomes increasingly obvious that Crypto is not only here to stay but is very likely to replace Fiat currency entirely.

>>28582621
>Reddit is where dumb people go to act smart
>4chan is where smart people go to act dumb

>>28589890
redit is democratic
chans are chaotic

>>28589797
> They think Bitcoin is used for child porn and drugs. Which it is, just like the U.S. dollar is.
No, it's not. That's the irony.
Perverts and junkies have been priced out.
The 1 MB block limit made Bitcoin into a "store of value" and it's only use is being HODLed by richfags.
It's a "digital cash" by the orginal whitepaper and it fails completely in this respect.
Ironically the best way to make money off Bitcoin was this:
> be a drug dealer in 2013
> sell drugs for Bitcoin, have 1000 BTC in wallet (at $1 per BTC)
> get busted
> go to jail for 7 years
> get out in 2020
> you now have $40M
I think that the Bitcoin is going to become a jew coin, meaning it will be only used by "institutional investors".
If you have BTC already (ANY amount) you're good, you will be grandfathered into the new aristocracy.
But in like 3 years no normie will be able to buy BTC, either priced out or illegal.

>>28589797
>bitcoin used for cp and drugs
Had this same argument with someone who thought it should be regulated to keep people like the taliban from abusing it. Thing is that there may reach a point where your opinions get thrown into the same pool.
All we can do with defi and preventing cp is not by banning defi but by using these channels to help find and rescue kids. You don't get rid of this shit by banning it, it just makes the dirtbags using it harder to find.

>>28577835
What a coping cuck

>>28586704
>>28586838
>Imagine that there was a lottery, and all you had to do was buy a ticket to win.
In this case, every ticket in the "lottery" is a winner. ALL OF THEM.

>>28586794
Stocks aren't zero sum, Anon. Companies earn money from productive activities and pay out dividends. Look at Alcoa for perhaps the best example of all time.

>learn how to use electricity to create metallic aluminum
>sell insanely expensive aluminum
>reinvest in more capacity
>sell expensive aluminum
>reinvest in more capacity
>sell moderately priced aluminum
>reinvest in more capacity
>sell ridiculously cheap aluminum
>own nearly the entire global market
>reinvest in more capacity
>sell insanely cheap aluminum
>...

Of course, nowadays, other countries have engaged in state-subsidized production and killed their market share, but Alcoa used to be something like over half of global production. And paid out fortunes to people who invested in them early so that they could build and grow.

>>28589451
>Once automation advances they'll be made fully redundant and we can be rid of at least 60% of them.
Joke's on you, they'll just force you to pay for their living expenses.

>>28587486
I literally made three times more than an average month's salary in 3 or 4 days and I didn't even have to leave my home for that.

>>28574886
People used to make the analogy of crypto bring like land: "They're not making any more of it!" I bet we'll see that comparison made again soon and the ghost of colonization will be dug up in tandem.
I think we'll also see a minority coin launch that will have a KYC process that involves proving your skin colour or 23andme. It will be called BWS, Black Wall Street, in memory of the Tulsa riots. White people will be able to participate but only to buy/donate crypto that goes into a reparations pool. This will be encouraged for anti-racist reasons and NFTs will be given as "receipts" to donors, so that they can flex verifiably on social. BWS will act as lottery tickets - a symbolic number of winners each month will receive a cut of n% of the total reparations pool which is, effectively, a blue chip crypto fund.

>>28585290
Have you considered that you are less retarded than you assessed?

>>28586454
i'm black and i larp as a white nazi on 4chan. makes you wonder how many people on this site are actually white nazis, especially over on /pol/.

>>28591008
Careful, unrealized profit isn't profit.
The money is yours when you exit.
Now it's a position.

>>28591073
Fuck, I would long that on margin.
t. slavnigger

I wonder if they would call me privileged for being an immigrant and not going to university; Instead I started working right after highschool and invested everything while living with my parents. Currently at $1.176 million net worth lmao.

>>28587471
I cannot wait until the only minorities being pandered to are white women and blacks. What a shitshow that will be.

>>28587558
I am so glad I researched how bonds and interest rates work before becoming a home owner which I'm still not.

>>28582574
HN is like reddit on steroids, the amounts of cringe there is not measurable and the worst thing is the guys, or "folks" as they call themselves, there think they are very intelligent

>>28587916
Fuck dude. I will just say I want you to make it.

DR;NS

>>28578080
Spiritual double digits checked...

>>28589611
As long as you recognize that you can be part of the club.

>>28573454
>WAAA WAAA YOU'RE NOT PROVIDING A SERVICE TO SOCIETY
Obnoxious faggot.

>>28585880
>pic
This is why commies exist, as long as the wagie keeps getting its wage stolen from, socialism will be an attractive theory. If you want to end socialism it's as easy as paying the wages workers deserve.

Or you could just buy btc and get out of the rat race lol.

>>28573454
>I'm not stupid, the system is rigged
lmao redditor fag can't cope that he is a NPC and can't wrap his head around a byzantine fault tolerant protocol becoming attractive

>>28590843
I don't believe the elites will allow that. They already have population control in the works, and I'm sure that's not the only plot they've got lined up. Depopulation makes sense once automation comes into it's own. There's no reason to feed and house these endless numbers of peasant genetic refuse. It's inefficient, and there's no actual downside to it. Just sterilize 90% of the population.

>>28577835
>I'm not salty
npc for "I am salty and malding"

>>28587916
We are going to make anon. I'm currently doing 52.5 hours a week with 12.5 of those hours overtime

>>28575326
Someone has to.

>>28573614
He's right. Investors don't value reality anymore. Realizing that is the first step to making money. Stocks and crypto doesn't make any sense. Just ride on sentiment and ride it UP.

>>28574886
No worries, i'm genderfluid now.

>>28574886
>KISS IT

>>28591988
ikr so fucking funny how obvious it is he's salty af he missed out. Fucking redditors kek

>>28578623
>energy crisis
lmao wagie doesn't know about the surplus

>>28575807
this

>>28573614
>valuing reality
kinda hard to do when we live in clown world

>>28585516
first reply is ramsey 100%

>>28592388
WHY DIDN'T YOU CASH IT

>>28575943
so, if you're so sure, why aren't you throwing money at BTC then, it's a 2x from here, kek

>>28577835
>I wageslave at a desk day in, day out and I'm still poor

The definition of insanity is doing the same thing over and over and expecting a different result

>>28591073
Screenshotting this for future

>>28577835
>doesn't invest in risky assets
>bitches about people who did and got rewarded by taking the risk
holy shit why are normies so pathetically retarded. It is not survival of the hardest working person, it is survival of the smartest. That and a bit of luck, where luck is generally needed anywhere.
Everyone who bitches about people winning bigly by investing and did not invest is too afraid to accept that he or she is a fucking retard who is too dumb to understand the underlying asset.

>>28591659
>doing basic research is hard and i want my hand held.
Maybe if you did some smart investing you could turn 2k into 20k than than 20k into 100k, than that 100k into 1m. But your not, you hate the possibility of possibly losing anything. So you will stay poor.

>>28573454
Bitcoin more like Buttcoin amirite
lmao

>>28585516
I've had almost the same verbatim talk with a friend. He's an absolute loser and has lost massive amounts of inheritance money to the point he's now in debt with massive interests and fees piling up for missing deadlines. I've tried several times to get him to read entry level books like Rich Dad Poor Dad which is what got me started with frugality etc. But he always finds excuses.

>wow the rich dad made kids work with less than minimum wage, i can't take it
stopped reading the book at 20 pages
>dude just because you're able to save money living in a cheap dorm doesn't mean shit, not everyone has the same option!!
didn't listen to how I save money
>okay but HOW is that going to help me make money on crypto right NOW, in this MOMENT??
when I suggested he start with btc whitepaper to read about crypto

These people are so deep in their shit they'll be miserable no matter what. To anyone who spends energy trying to help such people remember this - you can only help those who are willing to change. You can never force it from outside.

>>28573454

Link for those who are interested
https://www.reddit.com/r/Buttcoin/comments/lhkvsl/bitcoin_and_speculative_stock_investing_are_dark/

>>28593347
Oh I forgot to add - he's a literal commie. Coincidentally got into that ideology right when he wasted all his money and his wife left him. Makes you think, huh.

>>28588892
>They're socialists.
they aren't even the fun socialists from 100 years ago running around shutting down factories by going on strike, they're the socialists that think flooding the western world with cheap third world labourers is a good thing for the economy because their corporate masters told them it was then they turn around and wonder why wages are stagnating and rent has skyrocketed in the past 20 years

>>28591879
The problem is that the decoupling of productivity and wages is a direct result of mass immigration, entrance of women into the workforce, affirmative action, and globalism; all things these reddit "communists" will defend to the death (someday literally, inshallah) and if you try to clue them in on how weird it is that these "communists" are in almost total agreement with Jeff Bezos, they will downvote you till you're banned.

>>28577835
UH OH WAGIE

>>28585586
kek

>>28591220
I'm a white nazi and I larp as a center-left liberal in real life.

>>28575326
Le bot downvoted echo Chambers

>>28576018
>There are more pro-crypto subreddits
And they're stuck holding iota and nano. They also bought our LINK bags at $20+.
They literally got everything wrong.

>>28589647
>>28589232
Don't forget that Ghislaine Maxwell was a major reddit moderator for many years.

>>28594033
Idgi why was she a major reddit moderator?

>>28593474

these are the people you're competing with in the current (2020-2021) retail flooded stock market. People with 0 patience and 0 knowledge of how things work. I feel like with stocks, you need like 5x the dollar value of knowledge to trade 1 dollar. Like if you could value knowledge somehow, you would need knowledge equaling 5 dollars to trade 1 dollar of stocks. And most people are broke there too.

>>28578148
Low risk tolerance. Reddit doesn’t attract the kind of people who are willing to take the risk needed to be successful. This doesn’t just apply to business. Its the same reason they are easily socially pressured with woke shit. They can’t take the social risk to oppose it

>>28594077
She was there from almost the beginning, steering the narrative in ways that suited her and her employers, on major subs like the world politics subreddit. /pol/ made a thorough, well researched analysis a few months ago. Search for maxwellhill in the archives.

>>28589647
Just noticed you already mentioned maxwellhill at the end of your post. Remember when they tried to pretend it was a malaysian man just taking a short holiday?

>>28593959
>20 bags
>it's at 30
Also what stops /biz/ from becoming the same retarded echo chamber?
We already have enough bots and shitskins.

>>28577835
>>28573454
>>28578623
>>28585516
What these people really mean with all this crap is that they don't have enough intelligence to get any education, they end up into shitty jobs because of that fact.
They are too stupid/lazy to study things that could make them money in their free time while they spend all their money to stupid things.

I have been going up in corporate latter, while I have probably better salary than most anons here, but I haven't still "make it" as I had to spend my last winnings from 2018 for my education, so me and my wife could life comfy enough during studying.

If people can't plan their life further into future they aren't going to make it. I didn't make it last time, but now I can throw 5k every month into crypto.
Last month I bought crypto with 10k and their is still 20 - 30k that I can use.

Major thing that separates blacks and whites is capability to plan your future and work towards for it for years. Every black who have ever make it have had that capability, but what I see in western countries today is that this feature is slowly disappearing from western people also

>>28594144
Yeah but there's also the danger that if you're too knowledgeable, you may underestimate the movements of dumb money. Eg dogecoin. This comes at a cost.

>>28587916
>I literally live with my parents doing manual labor 57 hours a week and invest everything.

>>28587916
Don't worry, such rapacious capitalism will be banned after the Great Reset. Everyone will know their place under Stakeholder Capitalism. Something as preposterous as a manual laborer saving up and investing in a new economic paradigm will never be permitted again.

>>28587916
same here wake up at 4 to go to a job i hate, but 90% of the income gets reinvested into different things, i dont bother with swing trading and trying to play markets, just hold everything

>>28573454
>can’t admit he’s wrong
ITS THE SYSTEM THATS WRONG

>>28575807

Based.

You guys are a bunch of poor racist incel losers.

You realize you are suckers who fell for decentralized ponzi schemes, right?

You realize the prices are all pumped up by the Tether printer? It's the biggest scam in history, bigger than Madoff.

Your fake paper gains are imaginary unless you can cashout into real currency in your bank account. Good luck with that.

>>28575326
It’s an echo chamber, wsb is a cuckshed

>>28573454
>got lucky
Yes I was indeed chosen by God himself to succeed how did you know?

What is KYC? I thought it was KaYuCoin buy that doesn't make sense. Knew York Coin?

>>28594780
>unless you can cash out
and... I did? Took my cost basis + 40% off the table by selling the eth I've been buying for the last year+ in coinbase. Still have a pile of it sitting in my wallet.

>>28594780
>thinks all of definis based off bitcoin.
Back to your cagie wagie

>>28594861
i understand KYC to be know your customer. some exchanges require ID and a photo graph in order for you to exchange crypto

>>28573920
I had a friend tell me last year to sell my btc because of some FUD he overheard and jokingly said „I just saved you from financial ruin you’re welcome”
last week he asked me to teach him about crypto

>>28594998
God that makes so much more sense, thanks.

>>28595068
The gall

>>28577835
Its glorious hahahah

https://www.reddit.com/r/AmItheAsshole/comments/l7lege/aita_for_defending_my_accomplishments_when_others/
Here’s one, what you fags think of this?

>>28573454
If you're not willing to reach out your hand towards that golden ticket.
If you're not willing to be beaten, to be battered, to lose it all over and over again.
Then, quite plain and simply, you don't deserve to be rich.
>t. Someone who went bankrupt 5 times, before hitting it big.

>>28595344
>tying up most of your money in crypto is stupid.
guess im a retard then

>>28595509
You'll learn... the hard way.

>>28595344
kek what a disaster

>>28573454
This is ben shapiro tier FUD by assblasted wallstreet goblins. The GME incident really shook 'em.

>>28573920
Its so funny because they could literally still make it now. All they have to do is buy. In 10 years when its a couple of mill a coin they'll still be claiming people got lucky but they KNEW and they just didn't have the balls to buy.

>>28595344
>my mummy handles money at the bank
>she knows the future of tehnology and what the stock will look like tomorrow because of this.
>yes she still wageslaves at the bank

>>28573454
Retard reposting again

>>28594780
>Your fake paper gains are imaginary unless you can cashout into real currency
nobody tell him

>>28585516
It literally is their fault that they are poor.
It makes me so mad because I can budget anyone's life, they just choose not to follow it.

>>28573454
their capitulation should coincide with our peak, i'm half convinced this is the top for btc

Everyone expects a dip, but what if it is just going to increase forever? (Because of all the big players are buying?)
The normies will sell, and the wealth is at the big guys again.

>>28573454
>I'm a serious guy who has things to say

>>28595344
>my mom works at money and she said bitcorns bad!
>y..you will learn the hard way
Probably coming from a retard who bought the top of GME and held all the way to the bottom lmao

>>28577835
lol nigga is fucked, he had 10 years to learn.

>>28588113
This

>>28596680
Normies won't sell until it crashes. You vastly overestimate the intelligence and emotional control of the average human being. They'll buy it when line go up and they expect that to continue. They won't sell as long as line go up because it's working out so far. They'll start to doubt themselves when line go down, but delude themselves into thinking it's just a dip, until one time it isn't and they all panic sell or hold to bottom and capitulate.

>>28596680
That’s not how financial markets work. The smart ones sell and the normies hold the bags. Look up how Ponzi schemes work.

>>28585516
This can’t be real. This people are mental ill

>>28574167
I should have realized the value of crypto and intangible things back in 2006 when I cried my eyes out cuz I got scammed on Runescape

im a neet living with his dad with zero money and i practically begged him to give me $10k to buy AVAX in early january when it was $3 cause i saw the amazing potential and i knew i couldnt miss this. 2 months later im rich and already repaid my dad with a 2x. still holding thru all the fud

>>28598245
That's what it looks like when your entire life is spent in a bubble where everyone tells you that an individual has no control over their circumstances but that everything comes down to "privilege". Why better yourself or make a long-term effort to improve your lot when your identity is to only be a victim of circumstances beyond your control? These people's actions go exactly against what most of them would say they stand for, and they are easy to control.

>>28598461
also note that my dad is not rich, that $10k was a big chunk of his life time spendings and i live in a 3rd world country. i have a great relationship with him even if im a fking loser

>>28573614
>investors don't value reality
that's becuase we live in a post-law clown world.

>>28575876
Correct
it's made so the users cannot get an accurate picture of the reality they live in and they only way user accept it is via cognitive dissonance.

Therefore anything outside their accepted world via is basically a form of cognitive heresy.

>>28574886
I am literally racist and everybody irl knows

>>28598245
Yeah

>>28595344
>mum says very few people 100% understand it
aka mum 0% understands it
The sad thing about these people is that they are so clearly set in their ways that they'll never change their minds and will become increasingly bitter and disillusioned as they go through life. If I had lost everything I had put into crypto, I wouldn't have been bitter about it. At least I would have tried. Some people never try, ever.
Also, how exactly does one square the idea of investing in a decentralised oracle network which is partnered with the World Economic Forum with 'gambling'? The ignorance of the majority of people is astounding. We really are so early, and I don't just mean with chainlink, but the whole kaboodle

>>28585516
Doggy dog world right there.

>>28573454
It's literally true. Everyone here is borderline retarded, including the rich Chad's, including me. None of these coins have any practical use whatsoever.
I just dont delude myself into thinking I'm somr financial wiz for buying link at 75 cents when it still does nothing after 3 years

>>28573454
>hold through -95% and back
>you got lucky
get fucked

>>28580908
Copying one that exists is. Good luck maintaining it if you don't know shit about crypto and coding though.
There is also survival bias. Just being listed on CMC is a huge accomplishment. Before that a lot of shitcoins are born and dead in a microsecond.

Everything in life is an absolute ponzi. I hate people who look at crypto and think they're special because they see it's a ponzi. They're mostly mad because they chose the wrong ponzis and the one they should have chose is making people rich.

>>28599789
This, on a long enough timeframe every single thing that exists is a ponzi, even the universe is a ponzi. Boomers are just too retarded to realize that everything they think is safe is a ponzi too.

>>28573920
I'm printing this and putting this on my wall

https://www.reddit.com/r/Buttcoin/comments/7vglz2/im_having_an_orgasm_watching_the_prices_dropping/
LMAO THE ABSOLUTE STATE OF THESE RETARDS
Why the fuck do redditors all talk in pun chains

>>28598600
You're not a loser now, fren.

>>28600124
I also want to add
https://www.reddit.com/r/Buttcoin/top/?t=all
>Their top draws are all shit that happened years ago and blew past easily
Stick to gamestop pump n dumps reddit lmao

>>28575922
It was created by /g/entoomen as a satire, at one point people were shoving Sharpies up their behind for a mere 0.1 BTC (used to be like 5$)

>>28585516
Two steps
1 earn more
2 spend less

That's all poor people need to do to become less poor

>>28598245
You are on 4chan of all places, we are all mentally ill.
Not saying it's a bad thing.

>>28585687
This

>>28595344
cope