/biz/ - Business & Finance

>>52624571
I never bought any. So I never lost anything.

Still like it more than FIAT.

>>52624571
"crypto" is garbage and only BTC makes sense
that's my realization after this bear market

>>52624571
If I didn't lose everything in crypto like I already did, I would go all in right now in crypto.

You can only be wrong so many times before you get one right.

>>52624571
all in
btc
link

gambling on LTC

We are half way to the next halving. We'll see new ATH as we approach it. Just fucking wait.

>>52624571
RLC is the only alt that is needed

>>52624700

You do realise the bullrun comes AFTER the halving, not before

>>52624571
Mostly scams, no one uses it for any real utility, the only people using it are just trading to try and rip each other off

>>52624759
The only based take

>>52624571
>>52624571
Now is the best time to slurp on gems like RIDE, QRDO, and IMX

Bitcoin gongo up

>>52624571

Well, I was originally a NoCoiner, but after a lot of studying and analysis, I think there are some pretty useful utility tokens, like Filecoin. Even if it doesn't make you rich, it's still pretty cool, and I state it to support the network.

XMR and LTC seem to be the only true cryptos. BTC is being absorbed by tradfi, it seems. Still capable of being something big though.

>>52624759
>no one uses it for any real utility

I just want to buy.

i still believe its the future of our financial systems, especially with BitDAO building a sustainable and solid economy powered by decentralized assets, technologies, and organizations through the largest community owned treasury

>>52624571
all in ftt

>>52624571
SCAM SCAM SCAM SCAM SAAAAAAAAM I WILL FUCKING KILL YOUUUUUUU

>>52629550
i do too. lately i've been more and more suspicious about the possibility of shit like crypto becoming the token standard for an inevitable future currency driven VR reality. account channels from jagex that let you buy digital badges from stores and events from a virtual reality event or whathaveyou using your osrs gold.

if space travel can successfully operate (peacefully too) into mining asteroids for gold and other precious metals then quantum computing will become a thing and so many people will have money in crypto that the government will have no other option but to prop up META for a much longer secured future.

>>52624652
This
And I have been an alt fanboy.
Will wait a few months, sell my alts for more BTC and forget about it.

>>52624725
>>52627205
>>52627263
>>52627782
>>52629550
>>52629559
>>52629591
Jesus Christ if these retards are still around we are far away from the bottom.

>>52627263
There are still other web3 tokens you can study and they have solid utilities. Anon, have a look at SWASH, OCEAN, SYLO.

>>52629608
pretty sure these are bots anon

>>52624571
Need more ways to make it simplified for normies

>>52627782
Because they are private cryptos? In that case, RAIL, ZEC, DERO should make your 'true cryptos' list

SCAM SCAM SCAM SCAM

>>52624759
You can trade with it anonymously through PriFi, within a decentralized setting with the option for instant cross-chain transactions without the regular delays that traditional finance is known for. What's your definition of real utility

>>52627798
Dumbfuck

>>52624571
crypto is the future, no update needed.

>>52631135
How about ORE? Obviously among the key players in terms of web3 development

>>52633738
Indeed it is. Matter of time before we find it applied everywhere

>>52633620
That's right. Identity bridges between web2.0 and web3.0 most importantly

>>52624571

big whale in my discord on crypto

>>52624571
I got into bitcoin because of my hate of fractional reserve banking. I always understood and knew that the only way to make it, is if enough sovereign enemy states of the US would adopt bitcoin as a currency. The Fed and treasury would always go all out and defend the dollar; in an unregulated market and with anonymous wallets I knew that many 'whales' are just fronts for SS ops to run bitcoin into the ground. FTX was another example, and the push for tether to fall will be next in their defense. Do I expect to become rich? No, not really. I am willing to ride it into the ground if it damages the US dollar. I'm willing to hold and even buy more if it brings other nations on the side of bitcoin. It seems Russia keeps flirting with adding bitcoin to a basket of currencies that would be based on mineral resources and bitcoin taking place of electricity. So I'm not hopeless yet. WW3 is a financial war and we are only just in the opening act.

Could be profitable in the short term, but won't be profitable in the long term. Currencies have value because they're state-backed, which means the people who use them trust them. The only reasons crypto ever caught on in the first place is because the 1) the post-2008 mismanagement of the economy by a liberal government is so bad that any alternative becomes appealing and 2) because the speculative economy that's built up over the last century makes short-term crypto investing profitable, making it seem, on the surface at least, profitable. But there's no reason to think the post-2008 norm will be the 2100 norm.

I think it's funny that crypto investors almost universally accept that its primary value is using it to make more fiat.