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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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56068297 No.56068297 [Reply] [Original]

/biz/'s activity is currently 25% below it's deadest points in 2019

Is crypto unironically over for good?

>> No.56068330

yes

>> No.56068359

Absolutely over. The shitterfication and shitcordification is beyond the point of no return. It's incestuous

>> No.56068383

It's worse if you exclude the engagement bots >>56068270 they use to keep this place looking alive so they can sell ads and promote scams

>> No.56068390

Link was pumping. It just hasn’t pumped yet.

>> No.56068433

>>56068297
Where graph or just thumb sucking?

>> No.56068442

Yeah, people are literally unable to invest in risky assets. They can barely afford to live. It's over.

>> No.56068445

Thank God, we're finally free

>> No.56068455

adding liquidity on unsiwap now is like 7$ gas fee versus previous 50-100 usual
crypto is dead

>> No.56068456
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56068456

>>56068297
crypto is super simple
when rates are 0% and money is free, crypto will make an ath at some point
when rates are at current levels, crypto is quite literally worthless and will gradually head towards zero
the only real question at this point is...
1. is there an interest rate level that would kill crypto virtually overnight
2. at what interest rate level does crypto stabilize

>> No.56068506

It's going to get much worse.

There is an unfilled CME gap at 3.5k

all gaps must be filled

>> No.56068529

>>56068456
Inflation in the US is already over and R* is still 0. That being said, if the US does want to cause a massive recession and kill off all shitcoins and install a CBDC to “save us” then I think once rates hit 8% it would be sufficient.

>> No.56068613

>>56068529
inflation isn't close to being over, but what i said was specific to interest rates, not inflation

>> No.56068629
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56068629

>>56068297
retards will come flooding in once its past 50k
smart money buys now

>> No.56068650
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56068650

>>56068456
Let's see some nipples.

>> No.56068795

>>56068297
Probably, that's why we see the increase in scams.

>> No.56068807

>>56068795
>increase in scams
>he wasn't here when the entire board was dogcoin scams or ico scams

>> No.56068826

>>56068807
>everything I don't like is a scam
I was here before you were born, zoom zoom. I'm talking LUNA-tier scams, not shitcoins you failed to get in early in and you're still butthurt about it.

>> No.56069182

>>56068456
The usa is not the world and muh rates are not everything. Ever heared if the cycles ?

>> No.56069365

>>56068826
You caught me, I wish I was early to deepbrainchain and Luna. I'd be so poor by now I'm so jealous of a failed broke oldfag like you. Teach me.

>> No.56069368

let this be a lesson to all faggots who argued otherwise
if you let pajeets spam scams, if you let normalniggers post about their bullshit dropshipping and real estate schemes, if you nuke actual board culture threads... you WILL kill a board
simple as

>> No.56069405

Not dead but I wouldn't expect any significant upside until at least mid 2024. You can come back in a year, anon.

>> No.56069517

>>56068297
its not about crypto itself its that the jannies killed biz
they allowed too much paid for jeet scam poster while suppressing posts about projects that didnt pay them off
and even worse we had that time when the one tranny janny would ban all fun threads
i mean even brazil cafe anon got banned

>> No.56069532

the difference is biz is low because those of us who made it almost entirely stopped posting, why bother when this place is full of 85 iq browns with no capability for interesting discussions?

in 2019 most people that were smart enough to make it hadn't yet, and were at least still interested in the space, which is how we ended up with defi summer and the genesis of on-chain degeneracy.

iq isn't constant among adopters, the earlier adopters created things the later adopters used, but the latest adopters have nothing to offer the space at all other than their liquidity.

>> No.56069603

>>56069532
The other reason is that anyone with actual actionable market knowledge will rather monetize his knowledge and engagement through twitter/telegram/friend.tech rather than posting on 4chan. There's no point to posting any valuable info here when your thread will either get ignored or insta 404d by the jannies.

>> No.56069611

I've been killing threads by explaining crypto in a way everyone can understand because I invented it and met people in person who try to copy or scam with it.

>> No.56069628

>>56069603
nah, only people with nothing to offer need to monetize it because they can't make money in the market themselves.

>> No.56069668

>>56068297
We're just in a bear market. Now and the coming year are when you accumulate for cheap.

>> No.56069679

>>56068297
It's extremely comfy. I like it here.

>> No.56069706

Jannies genuinely delete alpha and also report you to the mods, watch this:
Aavegotchi.com

>> No.56069742

>>56069517
they allow very specific shit and ban everything else
I've mentioned legitimate defi protocols here and got banned many times, while their competitors are freely posted. same with random shitcoins that are allowed to be posted while others arent. it's all about which bags the jannies have

>> No.56069755

turns out no one wants to read 4trannys sperg about a dead erc20 shitcoin (link) and normie frogs with retarded unrelated off topic spam all day.

>> No.56069764

>>56069742
I've been banned before and I invented cryptocurrency but apparently claiming so is "trolling" which of course I understand everyone does but lol I'm actually explaining shit so this place is obviously controlled by scammers with the intent of silencing the only person who gives a shit, Satoshi

>> No.56069771

>>56069742
Every thread on /biz/ is:
1- a larp
2- weak bait
3- a scam
4- rage farming
created by different spambots for other bots to take a large dump in.
/biz/ officially fucking dead - lowest post counts per day ever, highest bots counts per day ever!

>> No.56069792

>>56068383
Kek that's not a bot that's just an overleveraged anon who's half way down a bottle of jack

>> No.56070154

>>56068456
Rates weren't 0% in 2016 or 17 you dumb nigger. Are all you fags underage? They were only 0% for a couple of years during the scamdemic.