/biz/ - Business & Finance

Welcome to the bear market

>>49668826
At last

>>49668826
yes its bad
but super turbo pikachu mario harry potter meme bobo killer coin will be a gamechanger

>>49668826
planned by bildeberg (probs)

>>49668826
How many of those are "McElon Inu" type tokens though? Removing anything from bsc would probably give a bigly different number.

Most coins are shit and every coin follows bitcoin. This isn't surprising at all.

How many things in the top 100 are down 99%? The only one I can think of is ICP.

This is good. Only the strong will survive and the Hobobonks and Doge coins will get annihilated. This is the nature of capitalism.

>>49669060
Except the dogcoins are outperforming real coins.

>>49669164
HAHAHAHAHAHAHAHAAHAH

No.


Kill yourself meme zoomer nigger

>>49668826
Then why the total market cap just went from 3t to 800b?

>>49668826
lets see the list of survivors then. I need to know what to invest in

>>49668826
who gives a shit? there will always be new cryptos to invest in.

>>49668999
Already forgot LUNA kek

>>49668999
Yeah an ICUP

>>49668999
Among the big names (top 25) cycle ATH to bottom:
>BTC:-72%
>ETH:-80%
>LINK:-91%
>AVAX-90%
>DOT:-88%
>ADA:-88%
>ALGO-92%
>SOL:-90%
>UNI:93%
>DOGE:-93%
>SHIB:-92%
>XRP:-92%
>CRO:-90%
>ETC:-92%
>BCH-93%

>>49668901
kek honestly as long as more absolute trash coins are coming out we haven't hit the bottom

>>49669209
Its a fact dumbfuck. Shib has been moving up in rank thru this.

>ericwall
Holy shit I hoped I wouldn't see that name again.
Will you crypto twitter faggots GO FUCKING BACK

>>49669212
Stablecoins in aggerate take about 200B from the total marketcap (In previous cycle Stablecoins weren't even a thing). Alts marketcap is completely rekt

Down 69%?
Bullish af

This happened after the 2017 bullrun as well. Many coins that were big then are nowhere to be seen now and the same will apply to the next bullrun. The market is ever changing
>>49668861
This

>>49669060
>Doge
>annihilated

Doge has been around since 2013 you absolute newfaggot.
It has survived dozens of fat ass crashes.

>>49669401
>All time lows

>Trust me bro my useless tulip coin will survive the world fire.

Absolutely retarded zoomers should rope. If you don't understand why it's moving up the rank you deserve to get shot in the face.

>>49669504
>A crash and a bear market are the same exact thing

Proof that none of you morons understand economics.

>>49668826
Almost feels like 2018.

All we’re missing now is the suicide hotlines across crypto forums.

>>49669524
You are seriously mentally handicapped.
This is not the first bear market.

>>49669537
It's only a matter of time. The reality of the situation has not yet set in

>>49668826
Let's all read that again,

There are OVER 12,000 Crypto-Currencies out there. This shit is basically NFTs for bigger Retards. Nothing this fucking silly in sustainable. It's literally fucking memes being purchased.

>>49668826
> OMG 96% of alts are down over 90%
> Crypto is dead!
> Thumbnail of a dicksucking mouth and big eyes

Tell me this is your first crypto market cycle without telling me this is your first crypto market sell.

As expected and as people have been telling you for some time this is what happens in a bear market.

Still so many newfags it's unreal.

geojam is holding steady. so is bat.

why is bitcoin dominance so low when all alts are shit? is the next cycle truly a bitcoin only cycle with alts doing nothing?

>>49669384
WTF, no need posting here, some fags may go right ahead to commit suicide, I play nft games almost all day just so I I get distracted. Played all my favourite games over and over again. Awaiting the launch of Honeyland because it has a different game structure of play to own. The entire market is so annoying.

>>49669771
you should correct for all stablecoins when calculating btc dominance imo

>>49668962
>bigly

>>49669771
It's because stablecoins dominance is actually higher than Alts in aggerate, Meaning alts need to dump twice as hard in order for BTC.D to move higher, BTC.D is outdated metric, We need a new one that exclude stablecoins.

I won't be surprised if the correct dominance for alts/btc almost peaked at 60% few days ago, Which's insane in current year considering the size of the altcoin market and infrastructure built around.

>>49669384
kek

>>49669555
Yes it is you retard. 2008 was the last bear market.

2020 was not a bear market you fucking retard. A significant drop and a recovery isn't a bear market. a bear market is a prolonged series of lower lowers and lower highs for months on end. This is what should have happened in 2020 but the fed stimulating the economy by nearly going negative on interest rates allowed these retarded coins to spring up cause that's how inflation works. that's how bubbles work. Study fucking economics you fucking retarded fag.

>>49668901
Do you by chance mean HPOS10I (ticker: BITCOIN)

>>49669555
It literally is though

>>49668826

I wish I cared.
My coin is oddly a mix of Memecoin + Fundamentals and there's no actual way that you don't see a pump.

>Memecoin in the Metaverse
>Fast & Feesless
>VR Integration
>Binance listing incoming
>DogCoin

pick any one of these reasons and you still see a pump, pretty easy

>>49670049
yeah that might have been true when the fed was injecting money right into the veins of Mark Zuccerborg himself but not anymore fag. Incase you haven't noticed tech is getting raped.

>>49669384
A lot of those are vc layer 1 scams that need to die along with the dog coins.

>>49668826
No. It's healing. 99% of crypto projects are trash.

>>49669384
lmao
Only four things did better than XRP and it's being sued by the government and not even traded in the USA.
Anyone getting a clue yet?

>>49669771
Bitcoin sucks you absolute retard.
It's a ditch digging project.

>>49668923
>so retarded he buys into an obvious ponzi
>loses everything
>blames the jews

>>49669384

>>49669791
What is an nft game? Gambling? Is it like a card game? I don’t understand it at all.

>>49668826
Well, we have seen this before and it was expected. Just focus on what you think will do well and don't forget web3 is king. Will be buying anything around web3.

>>49669234
Exactly. Only a few will survive this bear. We need more of builder in the space right now and seeing subsquid with it's on chain data will be a lot of service to some projects

>>49668826
>Did crypto just died?
Not yet.
Wait for when Tether shit the bed.

>>49673225
>comprar

>>49669384
Looking good bullfags, nowhere to go but up amirite

>>49669384
So what I’m seeing is BTC, ETH, DOT, and ADA are top 4 for next bullrun?

BHAAHHAHAHA, i love watching shitcoins crumble. I'm willing to watch bitcoin tank another 30% if it means the rest of the shitcoin market go to zero.

>>49669384
for comparison, current value from ATH

>BTC:-69%
>ETH:-77%
>LINK:-88%
>AVAX-89%
>DOT:-87%
>ADA:-85%
>ALGO-94%
>SOL:-87%
>UNI:-92%
>DOGE:-93%
>SHIB:-91%
>XRP:-92%
>CRO:-88%
>ETC:-92%
>BCH-87%

Stuff in top 25 that you didn't add for some reason
>BNB -69%
>TRX -82%
>LEO -39%
>FTT -72%
>LTC -89%
>OKB -75%
>XLM -88%

>>49668826
96% of the coins and copy pasted code by jeets.

>>49669060
except then next cycle even more shit pops up

>>49674802
no, those are the ones that still have some way to go (down)

>>49669384

>>49669060
doge is THE btc of shitcoins

>>49668826
of all total listed companies ever on the NYSE, how many have been delisted or gone bankrupt?
it's easy to shit on crypto but NYSE just delists you when you perform too badly, no?

remember:

"crypto" is a scam.
bitcoin has already won.
ethereum is the only altcoin with users.
you're not early.

>>49679005
and whatever you do DO NOT BUY MONERO
it's used by CRIMINALS

>>49679075
monero isn't an investment, its just a tool.

>>49668826

Remember that 95% of coins are scams so your figure is wildly distorted.

>>49668826
so what's the 20 that haven't fallen 70% from their ATH?

>>49679137
>>49679005
that's right, do NOT buy monero. it's not like it's more scarce than bitcoin for another 18ish years or anything.
it's not like we do 11% of the transaction volume of bitcoin at <1% of the price.
after all, elites have their own methods already. if monero had a future, we would see politicians using it or something, like a Ukrainian politican disclosing he owns a huge sum (which is NOT true)
I am so thankful to have Bitcoin which is approved by institutions and hard to trace!

>>49679312
high tx volume on monero is indicative of its privacy model being attacked

don't get emotionally attached to obsolete alts, thats the lesson to learn here.

>>49668826
People have known this since like 2013. Nobody gives a fuck about 99% of coins because they're scams that shouldn't even exist and they have no relevance to what's going on in the market. BTC, ETH, and maybe a couple other coins from the top 50 are the only ones that matter.

>>49679407
>high tx volume on monero is indicative of its privacy model being attacked
that's right, nobody uses monero. go on the darknet and it's all bitcoin, just like the good ol' days! it's just feds sending it back and forth to each other because uhhhh nobody uses monero.
(are you fucking retarded? even if it were being attacked you don't attack something that isn't a threat; it isn't a threat if it doesn't have use - basic logic)

>>49679407
>high tx volume on monero is indicative of its privacy model being attacked
Your brain on BTC maxi everyone. High tx volume = network being attacked. A good stable network is a high fee, highly congested unscalable network that nobody uses am I right?

>>49668901
>2022 I am forgotten

BTC and ETH will reach a new ath in a few years, basically everything else will not. It’s a harsh reality check for you.

>>49669384
You're forgetting LTC

>>49668826
Most coins are literally created by jeets and chinks as rugpulls though, it makes sense 96% would be down 99% as they are scam Ponzi schemes

>>49669509
You should have educated him instead of being a dick. Contributing to the decline of quality posts.

>>49669995
>>49670029
not in crypto it isn't. it's the first time a crypto bear market has coincided with a tradfi bear market, that's different. A bear market is literally defined at a significant price reductions lasting a long time. If you are 20% down for 3 months that's a bear market

>>49669509
Literally not all time lows
You’re coping

>>49680141
>BTC and ETH will reach a new ath in a few years, basically everything else will not. It’s a harsh reality check for you.

Which means Lightning Network and CHainlink will as well

>>49668826
this is not yet the worst desu, 2017 holders are the best nigga crybabies i found before. No doubt, Polkadot will surprise us soon and bring DeFi 2.0 projects like Equilbrium and be our messiah. Lolz.

>>49669060
How fucking new are you? Doge is king shitcoin. It's not going anywhere. Hasn't since 2013 and it was made as a joke. Many way better tokens have died.

>>49668826
Too many flat launches that happened because they either don't have a solid use case or got worst marketing in reality. That's why these newfag devs should consider joining KOLnet IMOs soon and demolish the passive IDO strats.

>>49680921
I have had my worst experience with this jeet projects. I now know better as I'm holding onto fundamentally based tokens like RFOX, BNB, and MAHA. I'm riding them until the next five years.

>>49680141
You are right about BTC and ETH but wrong about others. Altcoins like SCRT and NEAR are going to be here in the long run. Lots of projects are building on them and they have what it takes to be here in years to come.

>>49679407
Why your psychology is retarded?

>>49669599
Those whales don't care if they bought memes, they will still earn much more once the bull run started next year or even in 2024. Some are getting FOMO-ed with Honeyland NFTs already and sweeping most of the floor prices on magic eden. Fuck...