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/biz/ - Business & Finance


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52449072 No.52449072 [Reply] [Original]

institutions lost billions betting on crypto and now look like complete idiots. this is an even bigger humiliation than the 2008 subprime bust. the term "crypto" is now synonymous with radioactive garbage

normies lost billions betting on crypto and are now kicking themselves for ever falling for it. the financial pain was just too much for the average normie to even consider putting 3 cents in crypto ever again

and this is before the regulators step in and regulate/tax the shit out of everything

bull runs are fueled by institutions and normies going all in, all the hodlers and schizos in the world can't pump BTC above $40k no matter how hard they try

>> No.52449095

It is legitimately over, lots of cope I've seen about how institutions are adopting it. Nah man, its game over

Truth is if you didn't get int 5+ years ago you never had a chance

>> No.52449146

>>52449095
nah man

>> No.52449333

>>52449072
It would be based if crypto just stayed being a niche for young technically literate huwhite men. Like our own parallel banking system and secret society.

>> No.52449421
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52449421

da fuck you mean Ton, you sayin my dog coin is a fugazzzi? get the fuck outtaa here.

>> No.52449440
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52449440

>>52449333
Checked.

>> No.52449457
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52449457

An area of finance that is pure wild west is attractive though....crypto really is the PVP server and trad finance is PVE ahahahhah.

>> No.52449530

>>52449072
yikes dumb fuckin take

>> No.52449738

>>52449072
no one will touch it once it gets regulated. why would anyone buy regulated crypto when they can buy stocks.

>> No.52449764

>>52449072
>no one will trust CEX again and will learn to self custody

>> No.52450857

>>52449333
Naïve retard
They will take it down if it becomes that.

>> No.52450870

>>52449072
They will.

>> No.52450892

>>52450857
If they can take it down then it's completely pointless anyway.

>> No.52450909

>>52450892
Yeah.
They can.
It is.

>> No.52450953

>>52449333
that is how it was in the beginning, on silk road.
and that is why crypto is like torrent. It does not truly matter if CIA or FBI take down pirate bay.
someone will raise up again somewhere.

they want to control that because they know they can't stop it.

>> No.52450982

This thread is bullish. Are we nearing capitulation?

>> No.52450999

>>52450909
>they can take down bitcoin
good luck bud
>inb4 quantum jews

>> No.52451006

>>52450909
Then why don't they take it down now then?
If the situation was hopeless their propaganda would be unnecessary.

>> No.52451020

>>52450892
no... it's not. like i explained...
bitcoin is an idea. anyone can clone and call it whatever they want. for example, 4chan coin... idk...

people don't need banks anymore to securely transfer data/money in a couple of minutes to someone else. that is the whole point.
it's a open door. they will never manage to close it.

>> No.52451065

Lastly... Trust me. if they really wanted to take down crypto, they already have made it eons ago.

>> No.52451077
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52451077

>>52449530
says the guy who spent his life savings on ElonSafeDogeMoonCumRocketCoin

>> No.52451080

Just hoping to break even at this point

>> No.52451724

imagine coping because you weren't here in 2017 or prior, then unironically proceeding to claim that it's "actually over this time forreal tho becuz..."

WHAT DO YOU RETARDS NOT GET. EVERY FUCKING CYCLE ITS THE EXACT SAME SENTIMENT NEAR THE TOPS AND THE BOTTOMS. LITERALLY NEVER HAS FAILED ONCE. THIS IS WHEN YOU START ACCUMULATING ITS NOT THAT FUCKING HARD

>> No.52451740

"Gamblers will no longer come to the casino because ...." top fucking kek god you retards make this game so easy

>> No.52451746

>>52450982
100%

>> No.52451749
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52451749

>>52451724
past performance is no guarantee of future results, mumu
you're about to learn this the hard way

>> No.52452156
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52452156

>>52449421
Hey! Log off- that FTX shit makes me nervous

>> No.52452196

>>52449072
Good. You retards can continue to go down with your ship in fiatland.

>> No.52452253

>>52449333
Fuck off back to >>>/pol/, sir faps-a-lot

>> No.52452309
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52452309

>>52451724
>"It's a cycle" -/biz/

>> No.52452336

>>52449072
bro institutions also made billions. and at -5% CBDC interest rates they are gonna come back and demand full custody, proof of reserves and whatnot. SBF wasnt a cryptobro that fooled the establishment. he was part of that establishment. when you're robin to george Soros' Batman the excuse of "le crypto people are scammers" doesn't hold water.

>> No.52452334

>>52449764
No, I've already seen many even before FTX collapsed blanket-opposing all crypto, regardless of the nuances only an insider would think about. With this , it's over.

>> No.52452365

>>52451749
you're right, it might not look the same, but cycles are in fact a part of nature, as well as retards. Risk will be removed, and then risk will be placed back on.

>> No.52452368

>>52449072
>>52449095
>normies telling you it’s over
yep, accumulation time

>> No.52452383

>>52452309
retard anyone playing the cycles properly was deep in cash profit well before luna collapse and all the others. What the fuck were you guys waiting for???

>> No.52452442

>>52451749
omg shut the fuck up nigger, same sentiments year after year

>> No.52452464

It really is over this time, huh? Fuck….

>> No.52452466

>>52452442
convinced these are all 2021 newfags on this thread

>> No.52454126
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52454126

>>52452368
They sell their bags every fucking time it goes down, literally too fucking stupid to trade.
Tsk tsk.

>> No.52454157
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52454157

>>52452466
https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp
Most certainly, but I hope crypto wont dive any deeper, maybe holding is better.

>> No.52454260

>>52449072
"Institutions"
"Betting"
... loosing
*clap hands*
don't mistake "betting" with betting, in a mafia world with real "politician" suppression

>> No.52455276

>>52449072
There is no fire like passion, there is no shark like hatred, there is no snare like folly, there is no torrent like greed.