/biz/ - Business & Finance

>>49769684
so what now? all in eth? all in chainlink? monero? wtf

>>49769720
Now the real show starts. Purge the maxis.

>>49769684
ummm sweaty check the rainbow chart and rhodl okay????

That's where you're wrong, buckko. It can go to $0, and then to $100k, and anyone who says otherwise is a coward, retard, or liar, or all three.

>>49769720
all crypto is a total scam. It will all go to zero someday. None of them are valid currencies. Crypto was the worst idea to come along in about 50 years or so.

BTC was a vast assemblage of lies to lure in the next sap

>>49769684
Keked And Checked

>>49769798
>BTC was a vast assemblage of lies to lure in the next sap

of course it was. it was never suitable for use as a currency.

>>49769684
Should have bought something useful like a house. Everything is in freefall, it's 2022 and you're not meant to increase your net worth anymore.

>>49769864
After today it cannot be said to be suitable for anything. It's not suitable to USE, and as it seems it's not even suitable to sit there and do FUCK ALL.

>>49769720
>so what now?
Guns, ammo, and water filters.

>>49769883
fingers crossed that housing takes a dump too. everyone needs to get rekt this sabbatical

>>49770043
It's suitable for people to pointlessly speculate on to make money, that's it. Crypto has been around a long time now and what is it actually used for? Fuck all other than pump and dumps

>>49770556
You mean boomers are going to sell off all of their land and be left with fiat? Let me know when that happens, I'll be ready to slurp

>>49770477

unironically this, and farm your own food

>>49770477
/thread unironically

>>49769684
You mean all crypto died today. Shitcoiners really think some random coin will replace BTC.

>>49769769
This. Take the precious metals pill.

>>49769720
this rugpull is by design, the whales were banks all along. what's next is CBDCs and total regulation/banning of crypto.

>>49769769
>>49771981
this
if you don't own any pms after the biggest bull run in equities/derivatives you fucked up.

>loses half of its value in 6 weeks for some reason

I guess gold is also not a store of value then.

should have been buying silver and gold with the crypto gains

crypto is gambling. the crypto exchanges and online sports booking is run by the same people, you think you will beat the house

>>49769684
This happens quite literally every fuckin time.

>>49772650
Nothing to see here goyim, this is simply destiny. Now sell your bitcoin to me, and lose your wealth to inflation.

all that's left is for some big dex to change their contract and empty all wallets with non-revoked permissions

>>49773159
what about the following run that shows most bitcoin is only on paper

guys, I'm in absolute shambles, the last 10 years of my life wasted on crypto, I don't know what to do anymore, I've lost nearly $600 in the past 6 months, this bear market is destroying me

>>49769720
PoW is dying.
It's impossible to support mining that eats way billions of dollars every year.
Eth's only salvation is PoS. Fortunately it actually seems it's happening in Q3.

Btc is going to fall out of top 10 next bull cycle.

>>49773235
>the last 10 years of my life wasted on crypto
>lost nearly $600 in the past 6 months
I feel like I should know this is b8, yet I still want to take it

>>49772730
>I guess gold is also not a store of value then.

gold is recognised and accepted, bitcoin mostly is not

Never selling.

Sold my pittance at 67K, did I fuck up bros?

>>49773254
>It's impossible to support mining that eats way billions of dollars every year.

with energy getting scarce bitcoin needs to die. bitcoin mining should be illegal and heavily punishable as a waste of energy.

>>49773414
Thanks you the commitment, i really needed a baghodler.

>>49769684
long live the new flesh

>>49769769
Eat shit, kike fiat is not a valid currency

>>49773436
>all BTC mining uses less energy than global clothing dryers
Cannot tell if you took the FUDpill or are a paid shill.

>>49769684
I mean... It's imaginary money so yeah. It's a house of cards

>>49769684
>Better coins come around
>The prototype gets replaced
No wonder.
ADA is the new BTC

>>49773811
Based ADA holder

>>49773906
everyone is brave in a bull run

>>49769684
>>49769720
>>49769769
>>49769798
all of you total fucking faggots were supposed to sell your magic internet coins for fiat and then convert it to tangible goods that actually have value in the real world like PMs and other assets. Did you think it was a good idea to hold magic money that jewish CEO's control on their exchanges? This shit has been manipulated for the last 5 years

>>49773436
Umm power cables over 100miles from powerplant sources should be illegal for wastes of energy.