/biz/ - Business & Finance

>>50067266
"Nobody wins in bear market"

Finance and economics are pseudoscientific make believe garbage, capitalism is inherently unstable, exploitative and unsustainable with a built in expiration date. All finance assets like money,crypto,debt,bonds etc are purely parasitic in nature and serve no purpose nor have any inherent value and private property is theft. Ever escalating recessions, poverty, disease, pollution, slavery and wars are fundamental and necessary functions of it and every single financier or crypto dudebro is a literal parasite.

A bear market is the necessary first step for the complete abolition of the stock market and the blockchain. Not only it is extremely helpful but also serves to weed out a vast majority of financier parasites. Selling is always the proper., efficient and moral play regardless of price or any other factors.

>>50067266
web3 is dead, welcome to web5 and web7 in a couple of months

>>50067306
So what are you trying to say? Human being should not be worshipping money because a lot of people say it is the root of all evil?

>>50067369
it's a spambot anon

>>50067359
Web 5, Web 7 must be a skem, faggot. Stop deluding your poorfag brain. Web 3.0 is. nit fully explored yet so sit down your ass and watch ot learn what's going on

>>50067306
So what is your solution to acquiring something you don't have and cannot produce if a central financial asset is not efficient enough?

>>50067387
Oh hell yeah, or a government secret agent who tries to FUD blockchain so he tries to get money (fiat) involved as if it is something organic

>>50067359
You sound like a retard. Tell me staking and passive income are dead too. Fucking jeet.

>>50067369
Yes. I am a communist. We strive for a classless, stateless and moneyless society and communities. We also have a saying "socialism or barbarism" to emphasize the inherently unsustainable nature of capitalism. It is not a choice. Either we move away from capitalism or we and all of mother Earth goes extinct.

>>50067412
Help me ask the faggot. He hates centralization system and also hates decentralization system at the same time. Sometimes you get confused what these Pauls, Ranjeets and Pajeets really want. They're probably born out of chaos

>>50067412
Acquire what? If private property is abolished then you already own most of the things you need. All will be owned collectively and shared and you will use what you need and after you are done you will put it back in its place for others to use. Land, food, water, shelter, parks, mass transit etc will all be commonly owned.

"From each according to ability, to each according to need"

>>50067420
Staking is real and it is fucking working despite the bear market. I can tell you that by particiapting in the Bitrue's Yield Farming Pools with my SmartNFT tokens

>>50067394
The retard will soon say that layer1 is a lie and can't coexist with defi. God save me from plebs.

>>50067394
I guess you have not seen the news lately

>>50067494
After what happened with celsius, the only risk I'm willing to take is with freeway brokerage system and superchargers. Can't be too sure.

>>50067460
They are all the same anon. Jeets don't understand anything. Why bother?

>>50067481
And what do you think will be the impact of the obvious overpopulation on this model you are proposing?

>>50067423
Don't you think going moneyless will take us back to the dark ages? We should freaking strive to move forward not backward. You sound too old, BTW.

>>50067494
Bitrue and the likes may give good APYs but I'm more comfortable with CEXs, I have all my coins staked on Binance.

>>50067548
I shouldn't of course. I shouldn't fucking worry myself because one bizarre anon on the Internet says their mind. It is an open world. I believe in the decentralized solution that blockchain projects are providing though.

>>50067586
Don't confuse yourself, anonfag. The last time I checked, Bitrue's a CEX as well. Creating yield farming pools almost every month.

>>50067266
>Nothing is actually winning in the bear market
short positions

>>50067569
My bro. The only meaning in life is to roam around butt naked with your friends foraging berries, singing, vibing, fucking and then die.

Did you know that even in prehistoric times people would not labor more than 30 hours per week? And this number includes childcare, washing, cleaning and cooking. I am not joking look it up. All the rest was technically "free" time where people could socialize, philosophize and make peace with themselves and others.

You cannot fabricate worse conditions than the ones we currently live in. Like even if you tried to do it in theory there is no system other than capitalism that can enhance the negative aspects of living more than this. Slavery, pollution, stress, insecurity, disease, poverty, conflict, hate, fighting, competition etc. We live in Hell. Like literally. Even if you tried you cant fabricate a worse dystopia than this. We live with the same functions and principles as a cancer cell. Rightoids always try to say "hurr durr go live under gommunism or feudalism or whatever" but if you really break it down nothing else could ever compare to this Hell

>>50067494
Those SmartNFTs are a good implementation imo, I've read their white paper, and it's impressive.

>>50067306
>Finance and economics are pseudoscientific make believe garbage, capitalism is inherently unstable, exploitative and unsustainable with a built in expiration date.
Finance, and macro econ are all based on mass psychology and attempting to measure what exactly occurs within a complex adaptive system from a birds eye view- like viewing an ant colony, but with PEOPLE! You then extrapolate your knowledge, then implement a policy in order to steer it in the direction you please, for the good of the many or the good of the few.
If that's pseudoscientific garbage, than every other science based out of mass psychology (i.e. basically all civil sciences)- is also similarly bunk due to the necessitation of your all encompassing statement.
A bear market is nothing more than the kali yuga to the cycle we're in. Ergo, take it in stride, and move forward like a normal human.

Also, nice bait retard. You laid it on a twinge too thick with
> Selling is always the proper., efficient and moral play regardless of price or any other factors.

>>50067423
I think Barbarism has more association with a classless, stateless society than capitalism does.

In the early ages when there was more than enough resources and the population was quite low, it would work, but with the current state where there is looming famine, overpopulation, and the government has foolishly moved to ban abortions, your method is bound to fail.

Also, development and innovation will be drastically slowed down because there are no rewards for doing anything differently from others, and it is intrinsic to man's behavior to be motivated by rewards.

>>50067266
>It’s obvious that projects that continue to build their ecosystems during the bear market are still underrated.
Underrated but not underpriced. Polkadot still has an 8 billion valuation. Do you have any idea how much money 8 billion dollars actually is? It's unimaginable wealth. It represents 200,000 years of minimum wage labour.

>>50067679
That's some fact being spitted out.

>>50067753
So barbarism is sharing and cooperation but a system that worships competion, strife, conflict, greed and selfishness is not barbarism?

Poverty is manufuctured and created by capitalism by having a tiny minority of individuals hoard massive ammounts of resources. It is intentional and necessary to keep the gears turning and maintain the masses obedient, submissive, compliant and insecure. In normal sustainable ecosystems everything is recycled and little to no waste occurs. In capitalism however it is completely reasonable to have millions of houses empty or to throw away perfectly good food (grapes of wrath). These are just 2 examples of inefficiecies but the waste appears on every level of both production and consumption.

Also the final point you make is the only one worthwhile of discussing. The way we assign value and what we consider "growth" needs to be reimagined by the roots. Currently what counts as growth is literally how fast the cancer is spreading. You might think a smartphone is peak innovation and amazing progress but in reality our imagination and possibilities are stifled and minimized. Since almost everything is technically enslaved under capitalism, individuals have almost no agency over their lives or choices. I could go on about this forever but ill just stop ehre cause im busy. Whatever if tou wanna keep deepthroating the boot feel free to do whatever y want

>>50067686
NFTs is a dying tech if it's not going to be given purpose soon, the floor prices going to shit.

>>50067802
Polkadot is obviously the model for web3 with that parachain concept and the interoperability it boasts.

>>50067992
If communists actually came to power you and your family would be executed by them within the first three years.

This has already happened multiple times during the 20th century and it will not be any different in the future.

>>50067992
You have a point with poverty, but do you think everybody will be of good thinking? there should be a system where people who can be punished and called to order by a higher authority, this will reduce the chances of crime. Barbarism will obviously not prevent the shootings we are seeing now. It wouldn't prevent domestic violence, rape, etc.

Bye anon, it was a good one, I got a few things from this exchange.

>>50068138
You obviously haven't seen startups being creative with NFTs, Lox nework has used it as an identity system and I think it's genius.

>>50067552
Good point. This is why the abolition of the stock market and blockchain isnt enough. Private property and capitalism stems from marriage. The modern concept of a nuclear patriarchical family and the ritual of marriage is what holds this whole dystopia together. It starts with the assumption that women and children can be property. Products. Commodities. Communists seek to reimagine what family is and can be. After all it takes a whole village to raise a child.

>>50067306
midwit

bear markets are created by the same capital movers who facilitated the bull market.

at some point, prices get to a point where continuing to buy results in severely diminishing returns. at which point you sell, and short all the way down. you force retail and grandmas to sell their life savings at the very bottom by pumping their 5g microchipped vaxbrains with propaganda from the news man and then you buy all the assets for cheap and repeat the process.

it has nothing to do with ending capitalism, its the part of the cycle where the rich TRULY get richer entirely at the expense of widows and medical debt-slaves who have to liquidate their 401ks mid cancer treatment.

>>50067494
Defi has been king even though some protocols do fail. It's just better to look into solid ones. I only stake as a way to keep my asset.

>>50068514
This still state the impact of overpopulation on the model.

The most basic responsibility of the human race and every other creature is to multiply.

this is shown in the fact that men are stronger and feel the need to protect women, sex is the most pleasurable experience the body can experience on its own, Even studying insects, bees for example, the queen is the most important of them all and they protect it solely because its in charge of reproduction.

My point is that this existing model has a higher chance of handling overpopulation than the one you are proposing.

>>50068227
Lol who gives a shit it has less revenue than a neighbourhood vegetable shop

>>50068358
Come back when the blockchain has gone mainnet.

>>50068358
That is a creative idea. How does one use NFTs as identity? I would want to look into such technology though.

>>50067660
The platform is active af. They provide an easier means of earning BTR through their yield farming.

>>50068594
I never claimed otherwise. But during this period is when they are most vulnerable and exposed. If there is a time when the stock market can be destroyed it is now. Or at least wound it enough to buy us at least 100 years of prosperity and peace

>>50067686
This have brought some good narratives to NFTs. I expect more adoption to come as projects begin to explore the opportunities that NFTs can bring to the space.

>>50068927
You can be able to track and recover the device if its lost or stolen by bonding the two NFTs on LOX.

>>50069002
You're talking about NFTs that have utilities and good use cases, fag

>>50069156
I've not tried out and don't know what it feels like but that's some good utility for NFTs and it's solving a real problem

>>50069002
But yet some people think NFTs are dying off. I believe the coming months will prove themselves. I wish they go mainstream though

>>50068358
This is innovative, that's if the whole crypto space doesn't fold up in a couple of months though.

>>50068751
Look at ETH alone, after the merge, it is going to close some of the gap with BTC.

>>50067660
How much is the yield? Looking for some platforms to start farming though.

>>50067704
>If that's pseudoscientific garbage, than every other science based out of mass psychology (i.e. basically all civil sciences)- is also similarly bunk

Yes.
However you're still right. If bunk is the best tool we have, bunk is what we're gonna use. Even if its not perfect, its still a close enough predictor of human and economic activity to enable some people to profit.

>>50069002
I'm thinking of my own startup where i can use NFTs in land and property sales.

>>50069539
I fear mobile companies like Apple might kick against this as they will fight to keep it centralized.

>>50069681
Why does everyone believe this, the merge doesn't even solve the gas problems of eth.

>>50070089
Obviously, it will be a lost fight for apple though, I think they already got a deal with google so they have strong backing.

>>50070154
That's a strong backing. I hope they achieve the decentralized IMEI blacklist because it will go a long way to discourage phone theft.

>>50069686
Alliance Block offers liquidity mining as a service, you could look it up, I joined ORE LM and it has been active for over a period of time

>>50070349
A decentralized open-source solution will be more effective. Developers can integrate it into their API.

>>50067266
The end is coming soon, just wait and watch the development happening as the Vcs will start dumping on you.

>>50067306
>Finance and economics
'Modern' finance and economics is just advanced numerology bullshit, jews love that stuff. It's not 'pseudoscientific', it's just lying and scheming with numbers. Numerology.

>>50067359
This is funny, where is web3 dickhead.

>>50067494
All the cexes will run with your money, not your key, and not your token

>>50070636
It's in his mother's womb, I reckon

>>50068358
I have been a victim of theft of myself, this is why I root for them. when is their testnet going to happen?

>>50069681
I don't see this happening. BTC is the king.

>>50070662
Not your dick as well so it's not your son. I can see you've been fighting your lame ass for him

>>50068927
The gas fee would be so fucking expensive if they are building in on eth

>>50070743

>>50067266
You will just see a reversal as soon as BTC reaches to a low of 12k

>>50070772

>>50067306
>capitalism is inherently unstable, exploitative and unsustainable
Shut up, commie.

>>50067306
>bear market is the necessary first step for the complete abolition of the stock market and the blockchain.
Completely stupid.

>>50069681
The merge is going to ruin things more if it flopped, it will burn down to ashes.

>>50067266
The only difference is that projects have been building on this time, recession will happen and people will again flock to crypto

>>50067660
This is not viable at all, you will loose your money if they fail

>>50067423
>communist. We strive for a classless, stateless and
No you're not, lmao.
Poser.

>>50067423
>moneyless
communism is all about central banking

>>50067481
>food, water,
Limited.
>Shelter land.
Also finite.

>>50070088
That would be a good start. Reminds me of the lands on the sports metaverse where members would have fan caves to showcase their nfts.

>>50070772
That true. It's good they are building on a chain with a low gas fee.

>>50070737
I'm looking for such information too. I wonder why this is taking them so long to roll out.

>>50070089
Everyone wants. It depends on what the people will buy into.

>>50067682
>Even if you tried you cant fabricate a worse dystopia than this
I can.

>>50069002
Nfts are definitely being explored and having more use cases added added by the day. Just a few months back Nike made plans to have nft sneakers which users can wear in the metaverse showing its getting attention in the world of sports as well.

>>50067682
>Rightoids
Let me stop you there, right wingers don't want to pay less taxes, taxes doesn't build wealth.

>>50067266
>Nothing is actually winning in the bear market
Railgun is winning. Kys

>>50067359
>web3 is dead
Was it ever alive?

>>50067843
I can't spit out shit

>>50067359
Is the metaverse dead too?

>>50067359
Kek. You must be in the dark anon. The rate of development in web3 is alarming and Cristiano Ronaldo just announced plans to have his own web3 community which might lead to even more adoption in the coming months.

>>50067266
>t’s obvious that projects that continue to build their ecosystems during the bear market are still underrated.
>Privacy and security enabling solutions
>All watching out for regulations
Very true. Some are quite intentional about expanding their network while some are delivering solutions essential to promote the adoption of defi and crypto in general

>>50071763
The metaverse is just getting started biztard, there's definitely something good in the space to get investments from the likes of YouTube and EA sports.

>>50067613
>I believe in the decentralized solution that blockchain projects are providing though.
Well I do as well but I have concerns about the privacy gap left open by the blockchain. I can't see how decentralisation will be complete without some privacy and anonymity options like Railgun.

>>50071721
It lives on fagot

>>50068138
Well, if you are talking about actual use cases, it is already happening. You need to see what NFT and metaverse based projects like Sports Icon is doing.

>>50071050
I thought we all wanted freedom

>>50068751
DeFi is hard right now. You can't be dumb and make anything out of it

>>50067992
>Poverty is manufuctured and created by capitalism by having a tiny minority of individuals hoard massive ammounts of resources
So taxes?

>>50071670
It is interesting how much the sporting industry is investing into the metaverse, not just Nike

>>50069257
As far as use cases go, I think nfts that give users special passes and access to their favorite athletes is definitely something I'd want to have.

>>50070134
However, buffer systems does. Don't they

>>50067992
>Poverty is manufuctured and created by capitalism
So until capitalism was discovered, literally no poverty or poor people existed? Nobody went hungry, and nobody was cold?

>>50072049
Most definitely. It has become a big deal over there and I recently came across plans of Manchester City to build their own stadium in the metaverse. That's a good step forward.

>>50067266
Just when a whole of metaverse is being created where the biggest celebrities are in one place in the metaverse.

>Nothing is actually winning in the bear market
Check again

>>50072113
Kek, when you say it like that it brings memories

>>50069618
My thoughts exactly. This is the time for even more adoption before the next bull cycle and a lot of soccer stars are involved including Messi, Ronaldinho and Iniesta.

>>50071993
I think diversifying would be the way forward

>>50070089
When is the iPhone 14 coming out.

>>50071675
Taxes leach off the real workers. It's a world of steady oppression

>>50070662
it is about time we go dex, and there is a new innovation about a particular dex that is different in its approach by letting investors have some sort of control

>>50070964
You have a point anon. I'm also keen on current developments and would like to see the gym Amanda Nunez is building in the metaverse completed. Training there in immersive 3D should be interesting.

>>50070771
from the moment you let them have your assets, it was never your keys or you coin, Tacen hybrid dex would definitely fix these

>>50067512
Kek. L1 platforms are integrating with defi and functioning smoothly anon, there are even privacy protocols like Railgun which takes it further and integrates with dapps and nfts too.

>>50070877
We can't afford to deal with a failed merge

>>50070579
The end is far from is retard. This is just a reset

>>50071763
Yes. Internet 2.0 is the new big thing. ISPs are hogging and censoring internet, but Internet 2.0 is decentralized working entirely on ballchain and will award it's users metainuversedoge tokens and everyone will be rich!!!!

>>50070088
This is a reasonable use case for nfts. The most interesting I've seen so far is the Lion club nfts which gets holders one on one time with their favorite athletes.

>>50071918
Privacy definitely has to be addressed before the crypto space can move forward.

>>50072639
Not your keys not your crypto. Even a fool knows that

>>50072397
Does this look like an Apple website to you? I'm more concerned with my mobile device protection.

>>50071670
What makes this different from STEPN? I don't think this is still new in this space. But using NFTs to identify and trace mobile phones is unique and innovative if you ask me.

>>50071520
I will be damned if this project doesn't make it to the top 100. I have a huge fund invested in this and I staked them all on Bitrue. What is the TGE for the app?

>>50071938
>Metaverse
Indeed, it does. Sports Icon bringing it to life with the based connections it's making and the endless opportunities that comes with it

>>50067266
Same was said about metaverse before it started kicking ass.

>>50070800
Hahaha. Dead man tells no tales.

>>50067266
RLC is the only gem left in crypto don't let anyone tell you otherwise

>>50074353
Let's face the fact that use cases are bullshit. Y'all are in the market because you want to make profit and earn money where you did not work

>>50073209
The tech behind it is interesting. Merging it into the blockchain and making it decentralized is great

>>50073064
It was stopped being yours from the moment let your funds go, I honestly look forward to the launch of the Tacen hdex so

>>50067266
If you new, then welcome to the dungeon.. no 1 freaking care, we all predators

>>50067418
Its coming to an era where Tradefi and DeFi would have to meet. once the hurdles of regulations are off the shores.
Some projects already working towards that, Alliance block i know is not relenting at all