/biz/ - Business & Finance

>>52394723
We are, crypto total mcap is under 1t

>>52394723
we are. This is the most horrendous bear market, but it will be followed by the real blowoff top and THEN we'll head to armageddon unironically. Still too early for the end of the world

>>52394723
we're early af.
I just wish we were at the point it was making us money hand over fist its been established for so long and is so accepted. I hate this prototype stage we're stuck in right now.

>>52394723
>early
This is how you know crypto is a ponzi.

FUCK SAM BANKMAN , FUCK SONY AND FUCK JASMY

>>52395002
Thanks for confirming with your stupid comment that we are definitely early.

>>52395002
Everything is a ponzi, retard

>>52394723
>video emerges
There's a video? Proofs

>>52395029
Only in your dreams, baggie.

>>52395022
>definitely early
ponzi

>>52394723
>dacades..

>>52395145
>>52395157
I bet you're the same type of retard that doesn't think stocks and metals are highly speculative assets, huh? Lmao

>dacades

Is that a pun? I don't get it

>>52395188
>unwitting ponzi victim can't stop chiming in

I have btc eth link xmr and polygon.

Do I need to add anything else? I was considering bnb but maybe I'll be too overdiversified

>>52395201
You're literally "chiming in" yourself, dumbass. Fact of the matter is you don't know how markets work due to being a normie

>>52394883
just about one million wallets with 1 bitcoin or more.

>>52395238
You are clinically retarded.

>>52395243
You can't come up with real arguments so you just shitpost instead. Basically admitting you lost, LMAO

>>52395261
I'm not the one caught in a ponzi scheme, dumbass.

>>52394723
I've never seen people so excited to be in a Ponzi in the closing stages.
Normally people are excited to be among the first in, not the bag-holders. Fascinating.

>>52394723
>>52394749
>>52394860
>>52394883
holy shit hello pajeets / bots
we are not early

>>52394723
at this point everybody knows what crypto is they just think it's a scam and all this shit happening this year isn't helping

At least tell me you are trying to create some enthusiasm so you can dump your bags at a modest positive when things recover.

They are never recovering that far though, that's the flaw.

The only crypto worth buying is Bitcoin. The rest are sketchy.

>>52395271
Again with the shitposting while providing 0 arguments. You lost
Literal retard

>>52395295
It's a scammy speculative investment. Scamsters try to sell it as some fundamentally useful super-tech that will change the world (somehow), but its really just a way to move cash digitally that burns up a retarded amount of energy.
It's barely even useful for money-laundering at this point, governments have gotten incredibly good at tracking it down and it leaves a gigantic glowing trail.

>>52395285
>jeet
Post a selfie

>>52395344
You literally posted "Everything is a ponzi". Your imbecilic statements are self-refuting.

>>52395242
I've always wondered how many btc is lost to the void. Must be at least 5 million.

>>52395350
Stocks and metals are also ponzis, but retards that don't understand how markers move (you) don't get that
Pic related of how stupid your normies are (you probably won't get it unless I explain further, huh? That's how ignorant you dumbfucks are).

>>52395242
Compare that to how many individuals have 20k in liquid assets.

>>52395365
Stocks and metals are ponzis, you stupid fuck. The grand majority of their price is based off of a NARRATIVE. Not the "actual intrinsic worth of the metal/company", but because you're a retarded low IQ fuck, you don't know that

>>52395188
>I bet you're the same type of retard that doesn't think stocks and metals are highly speculative assets, huh?
Sure you can buy into some meme, or into a company that's run by crooks or in a fundamentally bad business (like Moviepass).
But listed companies have to make meticulous financial disclosures, are tightly regulated, and the SEC will go to bat for you. So it's possible to get caught in a company that loses 50%+ value in a year, but only if you aren't paying attention, buy into hilariously risky ventures, or meme-invest.

What was the last metal that lost 50% or more in a year?

>>52395387
>>52395402
>Stocks and metals are also ponzis
You did it again. You're a fucking retard.

>The grand majority of their price is based off of a NARRATIVE.
Jesus fuck you're a moron. Stocks are shares in productive businesses. They are valued by the projected sum of future cash flows. Read a book some time, mouthbreather.

>>52395387
>>52395402
Again, what was the last metal to collapse 50% in a single year?

>>52395434
This. Companies like Tesla can be pushed WAY higher than expected near term cash flow, but Tesla has been a Meme-stock for ages now, it's transparently a meme-stock, it's not a Ponzi; it's enthusiastic Musk Cultists assuming he will eventually corner the Solar System.

>>52395428
>But listed companies have to make meticulous financial disclosures, are tightly regulated, and the SEC will go to bat for you. So it's possible to get caught in a company that loses 50%+ value in a year, but only if you aren't paying attention, buy into hilariously risky ventures, or meme-invest.
You're missing my point, retard. The grand majority of a company's value comes from retail speculation hence shit like this happens: >>52395387
Where companies gain worth based off of hype and because "they seem credible" rather than the actual fucking worth of the company. It's speculative as SHIT, but you retards don't understand such a basic thing
>>52395434
1. Not an argument, low IQ fuck
2.
>Stocks are shares in productive businesses.
No shit, dumbfuck. Hilarious strawman fallacy
>They are valued by the projected sum of future cash flows.
They are largely valued based off of retail money speculating on the company, dumbass

>>52395434
>the projected sum of future cash flows
thats a narrative

>>52395445
>what was the last metal to collapse 50% in a single year?
LMAO that's NOT how you determine if something is a ponzi or not, dumbass. By your logic if btc didn't dump at all, it wouldn't be a ponzi. Also even amazon did like a -90%+ during its early days. Again, percent moves isn't what makes or doesn't make an asset into a ponzi. What a midwit take. You don't even understand what exactly makes an asset gain or lose value

>>52395495
>They are largely valued based off of retail money speculating on the company, dumbass
No, you fucking idiot. Their value is the present discounted value of future cash flows. Whether some market participants buy and sell for other reasons is utterly irrelevant to what the underlying value is.

>>52395483
>but Tesla has been a Meme-stock for ages now
ALL stocks gain value based off of speculation. It's not just tesla, fool. Dumbasses blindly buy "x" company because "they sound legit!" aka you're speculating without actually knowing what the fuck you're buying. You normie fucks don't know shit about anything, do you?

>>52395434
>Jesus fuck you're a moron. Stocks are shares in productive businesses. They are valued by the projected sum of future cash flows. Read a book some time, mouthbreather.
Not him but you're the moron. After years of QE valuations based on the current value of future cash flows have lost all meaning. Before the recent corrections companies were trading at absolutely ridiculous PE ratios. Kikebook lost 75% of its value and that sort of thing isn't even unprecedented in the stock market. The SEC has been the victim of regulatory capture for some time now and you're a fool if you think they have the interests of retail investors at heart. Obviously traditional markets aren't as risky as crypto, but you're a fool if you believe they're these paragons of integrity. Reading the Intelligent Investor isn't enough to post here, you need to wait until your balls actually drop.

>>52395387
You can argue about whether growth forecasts are too high for particular companies but fundamentally a stock is linked to real, valuable economic activity in a way that magic internet beans are not. Tesla is obviously worth something, you’re just quibbling over how much (which is fine.) same can’t be said sbout crypto. There’s nothing real underlying it.

>>52395546
>Whether some market participants buy and sell for other reasons is utterly irrelevant to what the underlying value is.
LMAO you're telling me if all holders sold their stock, the price of the stock would remain unchanged
LOL What the fuck? Stay on reddit, newfag

>>52395495
>You're missing my point, retard. The grand majority of a company's value comes from retail speculation
All of the companies on the right have values based on expected earnings and their new technological developments. They are generally safe to own. TESLA is a wildly gyrating meme-stock, it's down 51% YTD because the memester in chief has been doing stupid shit.

Regular auto companies are down this year for fundamental reasons (supply of chips, supply of components/materials) that are affecting a lot of industries. That isn't a Ponzi or a meme.

You ARE retarded.

>>52395560
>Another absolutely retarded zoomer newfag chimes in with ignorant gibberish.
QE is utterly irrelevant to the accurate valuation of equities.

>>52395529
>Also even amazon did like a -90%+ during its early days. Again, percent moves isn't what makes or doesn't make an asset into a ponzi.
Amazon shot up because it transitioned from an online book seller to a universal online marketplace, then shot up further when it became a chief player in Cloud Storage. All these things increased it's cash inflows massively, and they were getting into more and more profitable business.

Bitcoin poomps purely because more rubes want to own it for no other reason than praying more rubes will buy it behind them and poomp it up. It remains completely useless as a thing to own, except for potential rubes poomping it.
It is the very definition of a Ponzi.

>>52395580
>All of the companies on the right have values based on expected earnings and their new technological developments.
People only buy from "big safe companies" because they recognize the brand and feel safe. The way stocks trade is not guaranteed money. It's all largely speculative where the "intrinsic value" is largely irrelevant i.e. a stock might have an intrinsic value of say 10 dollars a stock yet be trading at 100 dollars per stock. By your logic, corrections would NEVER happen. Fact is they DO happen. They happen BECAUSE of speculation, you retarded fuck

>>52395577
>LMAO you're telling me if all holders sold their stock, the price of the stock would remain unchanged
Damn, you are one gargantuan retard. We are talking about FUNDAMENTAL VALUE not price. Price without fundamental value is a ponzi scheme, which is all you can comprehend. The underlying value of a security is independent of its price, and independent of demand for it.

>>52395600
>years of pumping money into the economy, creating market caps many times the value of PROJECTED cash flows has nothing to do with valuations
I'm going to be charitable and assume you're trolling, because there's no way anyone is this fucking stupid

>>52395637
Reading comprehension fail.

>>52395628
>The way stocks trade is not guaranteed money.
No one claimed they were.
But Crypto's value is purely based on enthusiasm and confidence on making bank on it, (itself based on more people wanting it). It's basically "Imaginary Gold". Little better than investing in cartoon monkey pictures.

>>52395624
>Amazon shot up because it transitioned from an online book seller to a universal online marketplace, then shot up further when it became a chief player in Cloud Storage. All these things increased it's cash inflows massively, and they were getting into more and more profitable business.
Did you even read what I said? My point was volatility isn't what determines if something is or isn't a ponzi. You're back peddling now
>Bitcoin poomps purely because more rubes want to own it for no other reason than praying more rubes will buy it behind them and poomp it up.
Gold only "pumps and dumps" based on the dollar NARRATIVE. A lot of the way a market moves is based on NARRATIVE. For instance there is no actual reason gold should be inversely correlated to the dxy. It's just something that became a narrative after years of that narrative growing stronger. It's that simple. In itself, gold is worthless outside of 3% of it (3% of it is used for tech and the medical industry. The rest is trash aka jewelry [70%] and the "store of value" narrative).

>>52395387
>>52395402
>>52395495
>The grand majority of their price is based off of a NARRATIVE
no it isnt lol. if a company posted 0 earnings its stock would go to 0, and if a commodity became replaced by another one (like platinum by palladium for converters) its value would tank. just cause bubbles exist doesnt disprove that

>>52395698
You are absolutely clueless.

>>52395630
>FUNDAMENTAL VALUE not price
Nigger. Learn to read. Stocks having some "fundamental value" doesn't save it from trading like a ponzi, you fucking retarded stupid ass bitch

>>52395698
Gold doesn't "pump and dump", it's value rises with inflation and enthusiasm for hedging against inflation with a relatively stable commodity.
Even though the dollar isn't pegged to it anymore, its more or less a proxy for Fiat Currency.

>>52395650
What planet are you on? No one is saying that due to QE equities are priced fairly. That's just the way things are. You can't escape the ridiculous valuations imposed by the aftereffects of QE if you want to buy and sell stock in the year 2022.

>>52395692
>But Crypto's value is purely based on enthusiasm and confidence on making bank on it, (itself based on more people wanting it). It's basically "Imaginary Gold". Little better than investing in cartoon monkey pictures.
Literally what happens to stocks and gold too, retard. Most people buy when "candle go up" for this very reason hence why corrections happen with gold and stocks too. It doesn't matter if companies have "intrinsic value" attached to them. They still largely trade like a ponzi would hence why corrections are not exclusive to crypto

>>52395710
>trading like a ponzi
It either is a ponzi or isn't, dumbshit. If it is rational to expect the PDV of future cash flows to exceed its price, then it's not a ponzi. Crypto doesn't even produce anything so it doesn't even have cash flows. Get a fucking clue retard.

>>52395717
Dumbass. Read. People buy and sell gold because of a NARRATIVE. That's all it is. A narrative that eventually solidified with time, but it's still just a narrative

>>52395710
There are meme stocks that trade up to ridiculous valuations on investor enthusiasm (AMC for example) but AMC has core value and will never reach zero without complete incompetent moves. And even then it has assets (property) that can be sold off if necessary.

Crypto has no inherent value, just like Bored Apes. It has no floor, it's bottom value is always zero.

>>52395741
LMAO at splitting hairs like this. You don't know shit. Something can have intrinsic value and still be traded in a highly speculative ponzi way, you fucking IDIOT
Get a load of this retarded low IQ newfag cope

>>52395722
Monetary policy has zero impact on the underlying value of equities, you goddamn moron. You keep trying to talk about price, which is irrelevant.

>>52395761
It's not just meme stocks, retard. I already dumbed it down before. The percent moves isn't what determines if an asset trades like a ponzi. It's the fact that they get overvalued to begin with.

>>52395767
>Something can have intrinsic value and still be traded in a highly speculative ponzi way
SURE.
You could meme Ford stock into another AMC, but broadly it doesn't happen.
Crypto is ALWAYS 100% a Ponzi every single time, the only difference being the duration of the scheme.

>>52395748
>>52395767
>People buy and sell gold because of a NARRATIVE.
You wish, schizo.

>highly speculative ponzi way
Now you're trying to redefine words so nobody notices your frantic backpedaling. Investments that generate income are not ponzis, mongoloid faggot. Internalize it and stop spouting utter gibberish.

>>52395797
>It's the fact that they get overvalued to begin with.
No, it's the fact that "overvaluation" has no meaning for a ponzi, since there is no underlying economic activity to value. If it can be under- or over-valued then by definition there is an underlying value and hence it cannot be a ponzi.

>>52395741
>>52395769
>If it is rational to expect the PDV of future cash flows to exceed its price, then it's not a ponzi.
But if you're living on planet Earth in the year 2022 and those prices are so ridiculously high relative to the PROJECTED value of FUTURE cash flows, then your point about equities being this island of stability becomes meaningless. That's the fucking point we're trying to make, which you're obviously too retarded to understand.
Equities are obviously more stable than crypto, but not by much. Look at Enron. It was seen as this legit institution, the future of the American economy, actually they didn't really produce anything and it all went to shit one day, wiping out portfolios all over the country.

>>52395207
drop the Link for more XMR

>>52395717
>it's value rises with inflation
Yeah, so gold should go to the moon given the inflation we’ve seen since 2020. N-no? It lost 10% instead? Must be the Jews or something…

>>52395849
>your point about equities being this island of stability
Who the fuck are you quoting? I never said any such thing. Learn to read. Fuck.

>>52395445
Tungsten
everyone was like, muh Tungsten, muh Tungsten. It's the google of ingots.

>>52395849
>then your point about equities being this island of stability becomes meaningless.
It really depends on the equities you are referring to. Until renewables get widely used, Old Energy is a pretty damn reliable investment.
Same for basic non-experimental health industry, groceries, that sort of stuff.
Chasing venture-capitalist stuff is risky as fuck of course.

>>52394723
>CRYPTO IS A PONZI
>CRYPTO IS OVER
>CRYPTO WILL NEVER BE ANYTHING
Niggers who say this would unironically have said the same thing about the internet in the 90s. Zero fucking foresight.

>>52395886
Tungsten prices go crazy usually for geopolitical reasons.
Commodities that a single nation (outside the USA) controls can be wild and crazy investments.

>>52395890
>Who the fuck are you quoting? I never said any such thing. Learn to read. Fuck.
That's what you were implying when you said equities aren't ponzis because they're "shares in productive businesses" (>>52395434). Oftentimes they're not, and while equities obviously aren't ponzi schemes strictly speaking, the ridiculous valuations that are the legacy of years of QE have made it so that they might as well be. God you're fucking stupid.
>Chasing venture-capitalist stuff is risky as fuck of course.
Hate to break it to you, but Enron was a blue-chip stock. It wasn't some random startup. The CEO was buddies with President Bush and was openly seen with him.

>>52395624
>It remains completely useless as a thing to own
there are actual uses. its accepted as legal tender in at least one country. the swiss have experimented with running businesses with bitcoin and you can pay for certain luxury brands with bitcoin. the australian government recently discussed allowing bitcoin to be used as mortgage collateral. it was used to circumvent governments recently during the canadian trucking protest to deliver funding from all over the world. the US government recognises bitcoin as a commodity. there are bitcoin vending machines all over south america, and gamefi is an increasingly popular market across all of asia. on top of that there are almost 100 governments across the world working on utilizing the fundamental technology to further their own goals with CBDCs. the leaps in productivity and management offered by centralised and decentralised blockchains are not quick to implement because theyre quite radical and bitcoin has come quite far all things considered

>>52395921
The internet was useless for anything but messaging and later porn for a long time, it eventually found hugely profitable use-cases.
THEN it became an incredibly valuable thing.

Crypto became highly valuated BEFORE it had profitable use-cases/value to the world.
It's the cart before the horse, it's stupidly speculative venture capitalism based on vague assertions of "It will be awsum guise, trust us!".

>>52395972
>That's what you were implying when you said equities aren't ponzis because they're "shares in productive businesses"
No it wasn't, you fucking imbecile. Learn to read. Nothing you have said has any relevance to the topic at hand. You are too stupid to realize that.

>>52396001
>Crypto became highly valuated BEFORE it had profitable use-cases/value to the world.
>crypto is highly valuated
You don't really understand what you're saying do you?

>>52395997
>there are actual uses. its accepted as legal tender in at least one country
In one South American country who's economy is circling the drain. Oh Wow.
> the swiss have experimented
Who cares? People have been experimenting with Cold Fusion for a lot longer, no current value in that either.
People have been discussing/experimenting/proposing shit for a good long while, and if even ONE of these things came to fruition, hey sure now Crypto has some value.
But none of it ever, ever does.

>>52396048
>and if even ONE of these things came to fruition
the canadian protest funding is in my opinion a shining example of the intended use of bitcoin

>>52396028
Crypto had a 3 trillion dollar valuation (now 1 trillion) based on nothing more than it being mined and idiots collecting it like Magic the Gathering Cards.
It's like Bored Apes or paintings by actual Chimpanzees.

>>52396012
I am now assuming that you're too senile and emotionally invested in being correct to ever concede that you were wrong, so I'm filtering you. Have a nice night, old man

>>52395285
you are a dumb retard

>>52396071
The Canadian protest could have just as simply been funded normally, at far less use of energy.
It's not exciting to do A Thing in a different way, only far less efficiently.

>>52395285
yes dumb homosex we are early. we're so early it doesnt even have a total mcap of 15trillion.
I know you like to shit post just to shitpost and be le funny le witty troll but this isnt /b/. shoo shooo underage and/or mentally underage troll >>>/b/

>>52396083
You are literally spewing out irrelevant nonsense that only undermines the point you are trying to make. You should be ashamed of yourself.

>>52396092
>just as simply been funded normally
how? their banks seized their funding and the supply chain was shut down. decentralised finance allowed funding to reach the protestors and there was nothing the government could do.

>>52396077
3 Trillion dollars is extreme undervaluation for a newborn system that intends to replace the totality of traditional finance. If not stopped, it will be the most revolutionary human invention since electricity. The fact that it had a 3T valuation off of its current meager reach is a portent of things to come.

Prayers that onramps and offramps dont get blacklisted by le feds

amc to the moon

>>52395580
>memester in chief
Yes Musk is
If you believe Musk "has been doing stupid shit" then you are either not paying attention or you're a straight up NPC
I will give you many reasons if you ask, but you won't, because you are not curious. NPCs are incapable of curiosity.

>>52395761
Sure 99% crapto has zero value like so-called Bored Apes
Still, you must recognize and admit it's True 100% that the world has never seen a triple entry ledger. So, there is really no way to judge what becomes of that yet
What's more, Bitcoin oraclizes physical energy into cyberspace, which has never been done before. Physical energy is the only way to defend property rights. Bitcoin is the dawn of cyber property rights. So you're just wrong about zero value, unless you believe land in this world has zero value but you dont guy

lole buttcoin has zero inherent value
now that governments are just gonna make cbdcs there is no reason for big players to buy into buttcoin or alts
hence buttcoin will never bull run again\
the people that think buttcoin will unironically bull run to 100k are so brain damaged its unreal

>>52396244
>replace the totality of traditional finance
And yet what has it done to replace tradfi? All it ever did was act as a speculative asset for clueless normalfags who think they can get rich in fiat quick just by buying it earlier than the next guy and selling it to him.

Although Satoshi originally intended the complete replacement of tradfi as you've describe, crypto today has been anything BUT a replacement. Cryptocurrency itself also isn't the groundbreaking tech here, it's blockchain and smart contracts. Just because crypto currently uses both those tech doesn't mean it's synonymous with it.

There is inherent value in the future for both those techs to be implemented in spaces outside of finance, but put it in crypto and it has only meaningfully served as technical jargon for clueless normalfags to regurgitate so they can sound smarter than they really are, goading and grifting another clueless normalfag into buying into the wider ponzi system that is cryptocurrency so that the cycle of grifts will continue.

Did you really think your average cryptobro with an Ape NFT as his profile picture truly understood what crypto stands for? He's just as clueless as the next bagholder.

>>52396244
delusional
>>52398365
>m-m-much smart contracts and defi!!!!
delusional enjoy bagholding LOLE

>>52398370
dumbfuck, I'm not a cryptofaggot. I have always been skeptical about the space and seeing how it was constantly abused by speculative normies while it itself has offered zero economic value to the real world (in fact negative value if you consider gas fees), I knew it was one big retarded grift.

But you'd be blind if you don't see at least some value in how blockchain and smart contracts can pave the way for improving digital automation in our near future.

>>52398420
ok i didnt read ur post i just saw MUH SMART CONTRACTS and initiated the shitting on protocol
I have never owned a single crapto and while I may have missed out on epic ponzi moon gains at least I wasn't left holding the bag when exchanges and "stablecoins" rugged

>>52398420
>>52398430
Buy crypto now bros. We gonna moon without you bros come on don't miss out, moon with us bros.

>>52395002
its a decentralised ponzi, anyone can run

>>52394723
Chillax

>>52398668
>fantasy chart where magic internet money successfully outcompetes government regulated cbdcs or even just fiat for "utility"
DELUSIONAL

>>52398697

>>52398714
>jews rugpull crypto exhanges and walk away with billions
>calls me a jew for telling people to stop giving jews money
brain damage

>>52398724
>Buy high, sell low.
>oh no, these jews keep stealing my monies
If you think the crypto days are over you are the one who's DELUSIONAL with brain damage.

>>52398947
literal jews literally stole billions of dollars from clueless normies people like you grifted into investing into the ecosystem

>>52398358
They'll peg CBDC to BTC/ETH/LINK to give CBDC "legitimacy"
Truth is they'll control everything via price manipulation of those cryptos

The cat is out of the bag
It's hard to imagine a future where Money is sacred anymore
God used to be sacred
Morality used to be sacred
An all out war was waged against God & morality. So now we have transvestites and woke demonesses shrieking over the airwaves constantly, like nagging crazed childless womon
Nobody can believe in that shit any longer. It;s pure shit
Money is pure shit and a shitcoin. It's so obvious. Dollars are so obviously shitcoins you don;t even need to kill the messenger any more like you did with Andrew Breitbart, because everybody knows dollars are shit. Of course dollars are the least shit fiat, but dollars are still shitcoins

No one can predict the future.
People try. Usually the most entertaining story plays out.
So, you can imagine funny scenarios playing out from here,
At end of day, there's only 21 million. That's it. There's only 21, and what;s more, the electrical energy to go forward
Why do miners spend the energy? Well... Incentives
Show me the incentive see outcome, some dumb hoe says
Well, It's jsut scratching the surface of what whites can do when they embrace their "decentralized" roots, and roots in not caring about a far fetched hebraic god dictating morality

>>52395242
I have several btc not spread across many wallets with each less than 1. I guess there are more people doing this so the “1 million” might be deceiving anon

is there a place with more brain dead comments then cringehedge?

>>52395550
wut am fundamentals?

>>52395188
>buy part of a metal mining company at attractive valuation with a high dividend yield of 10% p.a.
>this is somehow comparable to buying literal digital chuck e cheese tokens coded by fucking pajeets and handed out to bottom of the barrel tier retards for billions
Youre a ponzi baggie nigger

>>52395387
>tesla is a retarded investment and therefore everything is a ponzi, every company is a ponzi scheme lalalala
No, actually businesses are the antithesis to a ponzi because the produce value to customers and society
Shut the fuck up, I have heard every single crypto baggie's cope in the last 3 years when crypto was still cool and only gongo up. Its a ponzi scheme, from the top to the bottom and everything in between. Youre not investing youre just betting on the fact that a retard will pay more for your bags.
An investment in a business that is profitable and growing is wealth, it is not speculation. Youre owning a claim to a company and if you buy dividend yielding companies you even get paid while doing so, add on top the innate mechanisms of valuation and you can become a millionaire from basically nothing. Whereas you can become a nothing from every single crypto ponzi, including bitchcoin

>>52395550
>You are speculating because you dont know shit about the company
Well, thats why you can actively decide to learn about the company, obviously a foreign concept to people that "invest" in dogshittokenshibasonichuwithbat

>>52395698
You act like you know everything but you dont know shit. Volatility isnt related to a company's cashflows or underlying business, if you buy google at a P/E of fucking 5 you better make sure to bring barrels full of cash because a fucking retard like you will never have easier money in his life. If you can buy oil companies at a price to book value of 0.2 you better be sure theyre not going bankrupt because otherwise that might be the best investment of your life. You crypto ponzinomics niggers have never had to actively learn about anything because you always told yourself its 100% speculation everywhere else, so I am not getting more fucked by crypto than elsewhere, which is evidently false and youre a dumb fucking mongoloid faggot polcel.

>>52396244
Absolute delusion, as you can evidently see, almost every last billion was just leverage and undercollateralized obligations that are now unravelling and pushing bitchcoin and the "crypto space" into oblivion. Youre nothing but a coping retard without any deeper knowledge of anything. Crypto hasnt done more for society than lottery tickets have, it just enriched a few jews and angl*s who hired poojets for their coding and who now ran off with the only money that ever actually was in the "space" namely the one that that you and other retards "invested" into unbacked ponzis that were propping other ponzis up.

>>52402048
>>52402097
>>52402121
>>52402170
>>52402218
you must be new to clownworld

>>52395428
>What was the last metal that lost 50% or more in a year?
see picture

>>52395387
>Tesla is a tech company that makes cars.
>The others are car companies that need tech.
Is Apple a Phone company?
Imagine being (((You))). Retard nigger.

>>52395242
And a few wallets own 15 million.
Totes decent baby!

>>52395350
t. has no understanding at all of anything

>>52395570
>There is nothing real underlying microsoft excel

>>52395445
>Tin decreased 17,545 USD/MT or 45.15% since the beginning of 2022, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Pewterchads rise up!

>>52395428
>are tightly regulated as a reason for NOT being a ponzi

>>52399160
>dollars are the least shit shitcoin

You mean that piece of shit completely fueled by inflation and government loans? Not even PregnantButt was as big a shitcoin as the USD or Euro.

>>52402170
None of this was a counter argument to what I said. You're just throwing a tantrum like a fucking retard

>>52402121
>Well, thats why you can actively decide to learn about the company
You stupid nigger. That won't stop assets from bubbling and becoming over valued. Just because "x company sounds legit and I recognize the brand name" doesn't mean it should be worth a trillion dollars, now does it? Fucking moron.
You stupid fucks think you know what you're doing, but you only buy because "the product seems bullish!"
You're all midwits

>>52403065
>>52403084
Youre dunning kruger personified, you dont know shit. Obviously bull markets push speculative bullshit up, but you dont have to buy amazon at 200p/e because that ia factually retarded just like its always retarded to delude yourself into thinking that ponzicoins are somehow equal to value investing and buying undervalued assets. Fuck off you mental manlet, I hope you lose your last cent and kys.

>>52403084
What are dividends?

yes we are late to a tech that won't have any improvements in the future.
Its dead and nothing exciting is coming.

L2's? yeah sure they are already out and nothing interesting on them. Cheap tx's when all the fking bridges have problems and will always have.

>>52395021
whats wrong with sony

>>52395002
>>52395145
>>52395157
>>52395201
>>52395243
>>52395271
>>52395365
>>52395434
>>52395546
>>52395600
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>>52395650
>>52395709
>>52395741
>>52395769
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>>52396101
This retard seriously derailed my thread.

>>52404924
You're the retard, ponzi victim.

>>52402097
how about you calculate the p/e ratio of your life and kneck yourself, faggot. yeah fundamental analysis is a good way to find undervalued stocks, but you are still taking a bet on the price movements of that stock. it's not that the economic activity a company causes the price to rise. it's just that when you invest in an undervalued stock, you are betting that other people in the future will also see that the stock is currently undervalued and buy it after you.

>>52395341
ok boomer