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/biz/ - Business & Finance


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51280267 No.51280267 [Reply] [Original]

nobody here is buying bitcoin because you believe in decentralized finance. nobody's using btc to buy a home, or pay tuition, or buy groceries. We're all just buying because we believe our assets will gain value in dollars, and then we're going to "cash out". Our paradigm is still in USD and that's why crypto is a big fuckin farce and I hope it all goes to zero

>> No.51280330

>Our paradigm is still in USD and that's why crypto is a big fuckin farce and I hope it all goes to zero
same, but I'm still going to continue putting my wealth into the most robust form of money we've ever had (SHIBA INU)

>> No.51280367

>>51280267
it takes time

>> No.51280379

You only just realised its a giant scam?

>> No.51280442

Yeah, Anon.
So what?

>> No.51280443

>>51280379
yeah and I'm really bummed out because for the past 1 and a half years I've been dumping my bimonthly paychecks into LINK, ROSE and GRT, losing like 65% of the money I've made in the process.
Also, I sold a big stack of LUNC for ICP last night. I wish I was kidding but I'm not. I'm probably the most JUSTed anon on /biz/ right now and I'm trying to cope/ vent

>> No.51280445
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51280445

>>51280267
Bitcoin does have value in doing deals under the table, although a good chunk of its value is due to speculation.

It is the other cryptocuckencies that are the problem, most simply track bitcoin but with more risk and offer nothing else except memes, yet /biz/ won't shut the fuck up about them because they are all degenerate gambling addicts. Gone are the days when they used to talk about companies on the stock market and root through SEC filings and news.

>> No.51280446

>>51280267
I was born into wealthy family and nobody really cares about the money as much as the assets and businesses themselves.
Number go up is meaningless, the point is to live better and build.
USD is worthless and has been for awhile. Crypto Is dumb by the way.

>> No.51280451

>>51280267
Lol I use smart contract market makers because I got sick of CEX manipulation and self custody my funds which are highly liquid into money anyways. Quite literally like having your own physical gold but even easier. Youre just a dumb nigger who cant see past your own stupid greed

>> No.51280570

>>51280267
lol it’s no different to mmorpg gold sellers except they’re selling digital in-game gold for a game that doesn’t exist. crypto in general and it’s """technology""" offer absolutely nothing in value to real world applications outside of smart contracts which is just a signature and pinged data and yet (((everyone))) is hyped for all these new advancements in crypto. it’s actually all just very cringe but i don’t mind making money off it until it it’s dead

>> No.51280621

>>51280267
>He's didn't pay for his internet and vpn with crypto.
That's your problem, not the problem of the cryptoanarchists you hate.

>> No.51280722
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51280722

>>51280267
>Our paradigm is still in USD and that's why crypto is a big fuckin farce and I hope it all goes to zero

crypto only has value because USD doesn't

>> No.51281084
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51281084

>> No.51281098
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51281098

>>51280443
KEK retard you've been filtered

>> No.51281113

>>51280267
I hold the majority of my wealth in btc. I denominate in btc.

>> No.51281145
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51281145

>>51280443

>> No.51281282
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51281282

>>51280267
That may be true but IT WILL eventually be the money of the future and then you won't have a choice, right now is the time to make money off it.

>> No.51281963

>>51280267
I miss the old /biz/ stock advice, salary negotiations, resume advice, vanguard portfolios and career advice.

This crypto garbage seriously has to stop. People are getting hurt. Not only that but literally 99.99% of this shit is a scam and a huge bubble waiting to burst. Just look at the recent bitcoin crash down to 17600 case in point.

I'm currently in uni finishing up my studies to become an accountant. I want to know ways to make it in the corporate world. I want to have meaningful conversations like how to negotiate salary raises with your bosses.

I know this might come to a shock to alot of you guys but someone has to say it. Cryptocurrency is just a massive speculation with absolutely 0 fucking value to this world. You can not right now name one single crypto that brings real value to this world and helps improve it.

This is a speculators game. And who ever is the first to sell off will win. You guys are in a fucking ticking time bomb waiting to explode and you don't even realize it.

Besides women want men with stable careers and goals. Not a bunch of Internet funny money degenerate gamblers. Good luck starting a family with any woman and telling her you traded Internet meme coins. Seriously guys wake the fuck up.

If any of you had any sense at all you would sell 100% of your cryptos and invest in Amazon / real estate. Something that will never go away and always rise in value.

I hope we can go back to the old ways of biz. I want to know some good stocks I can expect to put my yearly bonuses into. Not this crypto trash vaporware scam garbage.

>> No.51282243

>>51280267
ok retard alert.

>> No.51282286

>>51280267

It just might anon. Just like the tulip thing 500 years ago.