/biz/ - Business & Finance

>>56410854
2013-2014 was pure kino. Creation of Doge and Monero, the war against Wolong, MtGox meltdown, IRC chatrooms, bitcointalk forums. 2017 was when /biz/ died and got flooded by chainstank faggots.

>>56410964
Much doge memes. The vibe was much more carefree & fun. I blame /pol/ schizos

>>56411010
based !amDoge fanatic

>>56410964
Hey, I shitted on the linklets as much as the next anon, in retrospective that was probably the big one most missed.

I wasn't around in 13 but the run to 20K, from 15K and up can only be compared to the next ATH, and it took a while.

>first showed up near end of bullrun 2018, didn't buy though because I looked at the charts and said "this shit looks like a bubble"
>first bought BTC for $6k, cardano for $0.06, and ETH for $180 some time in summer 2020 on etoro
>by fall 2020 I was on metamask and got the uniswap airdrop and have been addicted ever since

I'm here forever now. I fell for the "money can't buy happiness" meme when I was younger.

Stock markets > 1500x capitalization of buttcoin
Why is /smg/ the only thread for adults who talk about real money.
Crypto is fundamentally worth nothing.

>>56411330
what is capital allocation worth
bticoin allows the most effcient capital allocation
as gov cannot print/tax/capital /sieze it to death.

>>56410854
> All worlds money 83.6T$
> USA has a total debt of 33.4T$
How the fuck are Amerimutts supposed to pay this back?

>>56410854
>>56410964
>>56411010
You, oldest anon on this earth, who have seen 1 or even 2 bullmarkets. What projects are you currently working on?

>>56410854
what makes that trash apple so valuable? such a fake economy. kikes won.

>>56412173
Newfag

>>56412173

The world debt market is $500T

>>56411010
>muh /poooooool/
>logo(1).png
You're not fooling anyone. Election tourists like you need to leave.

>>56411330
Stocks have too much counterparty risk

>>56411185
It sucks because it would have been the absolute perfect move to swap out everything that had peaked at the end of 2017. Oh well.

I'm one of the '21 fags, and sadly I came on after Binance listed Shib (when I was way too late).

poltard had his nerve struck lmao.

>>56412470
Stop using words you don't know the meaning to fucking retard

>>56410964
I'm glad i mostly gave up my btc at peak in 2017. Got better cuts from tesla meme stock hypes. Wish i had sold more of my alts peak 2021 though. Also wish i was able to put more into it all; 10xing your 1000$ in savings isn't a whole lot of money in grand scheme.
I have hopes for this ALGO next run, but idk when the spirits for another run will happen. Everyone is kinda checked out atm excluding the AI shit and those returns have been nothing compared to anything 2018-2021. Been stacking high yield dividend etfs and silver like a boomer because I don't see growth happening for securities like it did anytime soon.

>>56410854
>How long you've been on /biz/?
Since it was created, as a containment board for crypto threads on /g/

>>56412470
>>56412969
He's got a point though.
Companies can rugpull and file chapter 11 virtually whenever they want and you're going to be bag holding. Granted there's a whole slew of institutions in place to keep these things from happening regularly but that's to protect elite investors not your pleb ass.

>>56410854
not long
I dont feel the same bullrun vibe yet

>>56410854
Nothing has felt like the 17-18 run since. Even this last run felt hollow in comparison. I do think we're getting close to the start of the next run, but I'm not sure we'll ever see anything like 17 again.

>>56410854
2017. Bought 100k of Bitcoin at 3800. Due to trading only broke even. So cringe. Pissed I missed it all.

>>56411010
>scamdemic
100% this. Things got so shitty after dumb gullible posters brought in for their love of Trump felt scammed after 2020, and started shitting up the other boards.

>>56410854
since 2016 this will be my 3rd bullrun
mistakes were made

>>56413830
>dumb gullible posters
>>56413801
>I missed it all
WEEEEEEEEEEEEEEEEEE-HEEEEEEEEW

>>56413830
I can't wait for one of you morons to say this to the family of a person who died from that first wave of covid so they can hit you in your dumbass face. The libs may have used covid to push their agenda, but the Alpha and Delta variants were not "just a cold".

>>56412173
It's a debt based economy, the term debt here isn't the same as something like credit debt or personal debt. The economy as it is can only exist in a deficit, capital democracy's can only exist this economic state. So its just the government spending its own money, and being in debt to itself. If you are wondering why this doesn't make sense its because it doesn't. This is the reason people are going schizo and hoarding precious metals and crypto. money printer go brrr

>>56412407
>What projects are you currently working on?
Meaning?

>>56412451
>You're not fooling anyone.
Oh no damn, almost had you. Projecting & seething, I can smell the /pol/ on you

>>56410854
>>56410964
>>56411010
>tfw I remember when /biz/ was created because DOGE threads were shitting up /g/
>still haven't made it despite being around since the start

>>56414364
>>56412407
I'm working on something that I know anons would dig and find useful, is about bridging real assets with crypto.
I figured there is no contrarian version for picrel so that is a big opportunity, been workign at it for a while.

>>56411330
Crypto is the means to acquire things that actually have worth.
Numbers in a distributed database can't possibly be the end game of anything, just a tool.
>>56414637
> wereallgonnamakeitbrah.jpg

Anybody got the pepe whispering binance meme? Can't find it anywhere :( can't believe I didn't save it.

>>56412451
You have to go back

>>56414020
Get an immune system, faggot

>>56412451
It seems to take 8-16 months for the average /pol/chud to assimilate to /biz/ culture.
There will come a day when you never open /pol/ again and realize you've become the jew. That is, if you manage to succeed at /biz/.

>>56411185
kek imagine playing ocarina of time and somebody just starts vacuuming upstairs

>>56411010
>>56410964
I want the time bank where the chicun arose.
Back then it was much more carefree and 1 chinese in a suit had more impact on price than the whole Bitcoin foundation.

>>56419226
I'm in crypto since (late) 2013 but had monitored it since 2010 or so
Was always big on Alts. Was one of the top 50 or so Dogecoin holders back in 2014/15 but then sold in 2015 when the community became fake and gay. I think it were over 120 million Doge or so. But it was only like 15-20k bucks or something like that.
Before in 2013 I tried to get in on LTC but btce credited my money too late, so it was already at 10 bucks when I was able to buy and not at like 1.7usd when I send them the money.

Only made it in 2016 when XMR went up and finally had around 220k bucks. Then I got scammed out of maybe 50k bucks and the remainder I split among several Altcoins.

>>56419274
One of it was Stratis which promised to be a decentralized BTC thumbler and for a node allegedly you need 250k Strat. I bought for 10 cents and then it boomed to a peak of 23 dollars or so. When I was able to sell it was maybe at 10 dollars, which was still a tremendous profit.
Also had many other Alts but I don't want to write down everything.
My portfolio peak in 2017/18 was over 12 million USD but when I sold it was only 2.1 million. I had very bad timing but was also psychologically impacted by the markets and had lost objectivity and the position was way to big for me

By that time I was also working for a billionaire VC investor who had hired me me for crypto investing, but that shit went nowhere and was just a waste of my time and attention. (I'm also rather educated, so I could work as VC analyst etc). Should have focused on my portfolio instead.

>>56419319
In late 2018 and early 2019, I held all my assets, worth approximately $2.1 million, in cash. I only made minor investments in Bitcoin (BTC) when it was around $3,500 and in Monero (XMR) in 2019. These cryptocurrencies became my primary assets during the 2021 surge.

I closely followed the rise of DeFi, Uniswap, and other blockchain innovations in 2020, but I was skeptical. I perceived them as highly risky due to systemic issues, and the initial explanations of how platforms like Uniswap worked were unclear.

Despite having owned and traded Ethereum (ETH) before, I was hesitant about reinvesting due to my perception of its community, which seemed more aligned with traditional startup or venture capital culture rather than the original spirit of cryptocurrency. This skepticism led to my limited engagement with smart contract platforms and DeFi projects overall.

Between 2020-2022, I also dealt with tax implications from previous crypto transactions, which was stressful and diverted my attention.

During the 2021 bull market, my portfolio primarily consisted of BTC and XMR. I reduced my BTC holdings when it dominated my portfolio excessively. By the market's peak, cryptocurrencies comprised 50-60% of my portfolio, with the rest mostly in precious metals like gold and silver, which I started accumulating in 2019. At its highest, my portfolio was valued at approximately $7.5 million.

Simultaneously, I ventured into startup investments, which proved more time-consuming and stressful than profitable. Currently, these ventures are more of a liability.

Now, my portfolio sits at around $3.5 million. I'm 33 years old, and I've been involved in the crypto space since my early 20s. Interestingly, back in 2013, I felt I was late to the party, but the market has continued to surprise me with is potential.

>>56419413
These days I hold silver, gold, XMR, and BTC which make large parts of my portfolio. XMR and silver being the largest parts. Also maybe 5% cash and 15% startups which also give me exposure to some Altcoins.

>>56410854
Been on /biz/ since 2021 because got permabanned from Reddit for naming the Jew, but been in crypto since 2017. No I haven’t made it, lost everything in the Cryptopia hack.

>>56419459
If you want a good alt maybe check out AGRS. It's market cap is only 3 million and a legit AI coin, around almost as long as me. They started working on it in 2015. This can also be seen from their Bitcointalk posts. They are actually in it for the tech.

>>56410964
>2017 was when /biz/ died and got flooded by chainstank faggots.
You almost tricked me into thinking you were based, turns out you are just ignorant.

>>56410854
Here since 2020 ( May ) few times some nice persons gave me gems and shared knowledge.

I remember daily Lition theard, but unfortunately nazi lego faggot rugged us so here my advice to you anons. Never trust germans.

Love you all <3

>>56419635
>Lition.
>Never trust germans.
I'm very familiar with Germans.
There are no good German crypto projects at all.
The reason is that they are all way to regulation focused and want approval and legality of everything. Focussing so much energy on this garbage they lose sight of what is actually needed and important in a hyper competitive market and their legit project goes to shit or ends up in obscurity... even with their gay BaFin approval.
That then leaves only straight scammers to actuality penetrate the market (at least for a short amount of time).

Focussing on regulation and approval might also not the best strategy for literal anti-government tech.
Many have to understood this.

>>56413801
2020 geng, bought Ethereum at $880
>>56414761
No doubt, this would be hella useful. I'm also on holoride, they're teaming up with Audi and Porsche to bring VR to moving cars.

>>56419635

Been here since 2016 and ready for round 3. Didn’t make much round one cause I was a dumbass and still learning. Made life changing money in 2021. Gonna suck a fucking fortune out of the market on this run.

I remember buying Lition on IDEX back in the day- there was some other project competing with it at the time that I also held but can’t remember the name of it now.

Who remembers….

DeepBrainGang - batshit crazy anon from Missouri who posted pictures of his disgusting food everyday saying DeepBrainChain was going to the moon (someone posted a picture of a Mickey Mouse telephone after all…)

Mr. Bear Wolf who really had it out from Ambroseus and would torment them relentlessly say “MFW NEVER EVER EVER will Ambroseus succeed” and someone who worked for them he had a real axe to grind against.

Also I miss that good old anon that would post that shit about “I am never wrong!!!” With his grim reaper picture.

And who could forget that asshole who was always posting about trying to make a shit ton of money to get his legs surgically lengthened because God cursed him with being short.

One last memory—- the guy the posted about losing a bunch of money because he invested in BINGUS.

If anyone has any screenshots from all this classic biz shit please post for me to relive those goods times and for new anons to enjoy.

ALSO- UltraSafe changed my financial future forever so shout out to those con artists. (Also made 10k off blowfish coin).

>>56410854
November 2017, I bought a shit load of chainlink immediately for about 33c ents

>>56419849
Does anyone remember caps lock bro? He was fudding BTC big time here in 2020 and wrote everything in capital letters

>>56419849
I remember a guy in 2020 (with this pepe graphic ) who made few threads about low caps with short research ( around 5 - 10 per theard ). Some of them rugged some made few x . This guy was totally honesty and helpful.

hope he's now with family in some nice, cozy place <3

Also im pretty sure biz community will give some nice gems in this bull run. Just avoid poor shill pajeet style.

Over a decade. I used to make fun of people thinking bitcoin would take off when it was less than 10 dollars a piece. Same with linkies when they were worth cents. Hope those anons cashed out and are living it up instead of stuck in gambling addiction. Some will have made it no doubt

>>56410854

Isn't the stock market just speculation, not actual money

>>56418855
>literally what happened to me
>brother fell for giving away his genetic information
>2% jewish, which means i also am
haven't made it yet, i eventually will, but i don't know how to feel about this

>>56410854
I've been here for two years now, an anon shilled me VINU and literally saved my financial life, made a 20x in this time lol
I also got some other coins but most of them skemmed... that's why I have a soft spot for VINU nowadays

>>56410964
>t. fell for Jason Parser memes

>>56410854
SUPRA is definitely my make it bag this bull season.

>>56412451
lmao kys

>>56418855
Kek I can confirm this is true although I still lurk the catalog just to see if anything catches my eye. It's been shit for years now. All the smart chuds left and started focusing on finance.

>>56414020
>total deaths covid : less than 7 million people worldwide
>total deaths Spanish flu : 50-100 million people, adjusted for modern population 300-500 million people
You wasted 2 years (that’s nearly 3% of your entire life btw) scared of a “pandemic” about as deadly as the seasonal flu. Take your next booster shot you pathetic coward

>>56410854
Almost fell for the LINK is a meme meme but thankfully got in in ‘18 with a modest 3.5k LINK that I have been holding since then. Fuck I remember when it hit $0.50 and I stopped accumulating because I thought it was overpriced and fell for the Russian scammer memes and I had also gotten burned pretty badly by VET around the same time…

>>56412407
>What projects are you currently working on?
The war against privacy is a solid marketing strategy for privacy projects. Atm these are looking good
>RAIL
>MINA
>ATOR
>ROSE

>>56419849

been here since 016, thanks for the trip down memory lane, the reaper guy was renkobro, lost money betting on is 1.5k btc call, what an asshole.

Best biz meme ever: asukanon .

>>56410854
7 years or so. Made millions off of ETH, XRP and LINK

>>56410854
The peak of the 2017 bull market when every new token was pumping on Kucoin was magical
I became a millionaire from KCS
It was spammed so much on here that the full name of the token still triggers the spam filter six years later

>>56410854
Old enough to know new projects like Supra oracles is the best bet for massive gains, just get in early and thank me later.

>>56414637
>>tfw I remember when /biz/ was created because DOGE threads were shitting up /g/
me too man
me too

>>56410854
>GXY generals
>Mcafee new CEO of some penny stock
how are my bitcoin holders doing with picture >of a cat
>Ihaz

nice memories

2017 SIBOS toilet memes were peak biz lore. Hard to believe it's been 6 years already holy shit