/biz/ - Business & Finance

>>58115746
everything already pumped before the halving. I could have made 8k of off pepe if biz wouldn't have talked me out of it.

>>58115746
>niggerfags panicking about 15% correction after pumping 4x+ in a year, even 40% correction and I'd be chill

>>58115746
You know many projects did from 5x to 50x since November 2022 right? And some even did 500 to 10000x like pepe , bonk , kaspa. The bullrun being over makes perfect sense

>>58115746
>muh halving
my nigga that shit is priced in
first time in a cycle we got a new ATH before the halving
you know what that means?

>>58115844
Bozos have this wacky idea that nothing can pump before the halving, when really, everything ramps into the halving.
>>58115878
What's it mean anon? Try and explain it in a way that makes sense
>well you see, it just can't go higher, (number) happened too soon! That's bad because, uh
No really tell me how you know the deeper meaning behind this thing that never happened before. Imagine me laughing like the OP pic while you do it

>>58115876
You weren’t here last time, because that’s what happened then too. The time to pick your runners is late bear market. They pump in waves after that until the parabolic phase where Brittney Spears launches a nude NFT collection and president of France declares Bitcoin a national currency. That is the top. We are not there yet.

>>58115860
no one is panicking because we solded the top
the only ones panicking are the one's avatarfagging as pepe and typing a bunch of copium
t. comfy and waiting for 50k to slurp

>>58115900
someone tell him

>>58115900
checked
>>58116003
nigga, he's right, you have no clue

>>58115908
I feel like during the previous bull run alts hadn't pumped that hard even when bitcoin broke $20k. I don't remember memecoins ever going this insane until the end of the bullrun when btc has topped. Once people started gambling on $1 mcap coins everyday on pancakeswap that's when the bullrun sort of ended. But yea i would love to alts to go higher I just don't see how it's possible after doing all the multiples already

>>58115746
ETF inflows have completely dried up dummy. Wall street is taking profits because their average buy in was 30k. Halvings historically dont pump until a year afterwards. This pump was caused by ETF inflows, and now those have slowed so it will all come crashing down once again.

>>58116071
Also note that you can compare the etf inflows on this chart and compare it to the price of bitcoin, and it matches up pretty much perfectly. The ETFs were what was driving the increase in price, not hype about the halving. The halving will in all likelihood be a bloodbath.

>>58116071
>>58116087
you are contraddicting yourself
>not hype about the halving
no one said or thinks that. We are saying the opposite precisely, and you seem to agree: we still haven't seen anything of what the halving will bring. This is nothing compared to what's to come. The gains from the halving are still completely excluded from the current price action

I didn't expect all these alts to pump when they did, and they're not going down, while the halving is getting closer. Will they go down again? Up again?

>>58115876
Ah yes, the November 2022 bull market... said absolutely nobody ever

>>58115746
Halving is sell the news now newfag

>>58115746
Top signal

>>58118266
people said the same thing about ETFs, and it was true... for like 3 days, and then we pumped hard
this bull run is going to be way bigger than the previous ones

>>58118292
>this bull run is going to be way bigger than the previous ones
that's gonna be fuckin crazy then

Sorry but sub 50k is obv around the corner

>>58115746
its already priced in during this bullrun
yes I am smarter than wallstreet niggers look at 2000, 2008 and 2021 peak incompetence

>>58115746
>he thinks he's outsmarting the "smart" guys
>he doesn't know it's exactly what they want him to think

>>58115900
It's just /pol/ hillbillies and redditards that wasted their lives while opportunity passed them by and they are hoping this time they are right. Ignore them.

>>58115746
>he thinks institutions/wall street got in late

>>58118333
a 50k floor means we're in the high rise now

>>58118344

We’re in middle of price in.

52k bottom after crash.

140k top after halving.

Happening 2 months early due to fixed events and historicals.

Move from wbtc to weth for bonus points at top.

>>58118292
>>58116136
What's your opinion on the whole supply shock talking point. Are we going to reach a point where wash trading dies out because of scarcity? Would that mean low volume btc but gradually crab upwards?
>>58118251
>Nov 2022
that was like ftx crash finally being official right kek

I on god can't believe that there are bears. youre not going to see 50k for about 2 years. I just thank god that bobos slowed the market down by sidelining themselves en masse

>>58119574
Fr bra no cap those bearniggas finna not gonna eating good dis night bra

>>58115746
>Muh head and shoulder pattern
>Muh targetprice

>>58115746
top signal

>>58115746
They're smarter than you, that's why they sold the ETF pump while you wait for so imaginary cycle to repeat every four years.

>>58120851
How is the halving imaginary? You do know what it is, right?

Buy everything with a pulse. Wagmi.

>>58115876
>And some even did 500 to 10000x like pepe , bonk , kaspa
what are you smoking nigger

>>58120907
He's counting from the very bottom, and also, he seriously mis underestimates a proper bullrun. You would see 1000x's practically daily in crypto.

>>58120873
The halving is real, but the 4 year cycle is a spook.

>>58116071
The only outflow is from Grayscale that have been selling for months. No other ETFs are selling. They are literally hodling.

>>58120878
ALPHAKEK.AI CARRY ME TO THE MOON

>>58121105
yes, it's just an incredible coincidence that goes on consistently, in the whole history of the asset
the fact that the bottom is always in the green days and the top always in the yellow days is totally random

>>58121692
Diminishing returns ensure the halving will have less and less of an effect each time. Going from 100 to 50 is not the same as going from 1 to 0.5
Market forces will have a bigger influence over the price than supply in the next years and the four year cycle will disappear.

>>58121870
yes long term i agree, but for now we are still following that narrative to the letter.
Also, don't forget that going from 100 to 50 when BTC is worth $1 is not the same of going from 100 to 50 when BTC is worth 1 million dollars. It doesn't make much sense to consider the supply in BTC, forgetting that its fiat value also changes

>>58116071
>taking profits 6 months after buying
won't that mean they will be sidelined and have to buy in at a higher price later?

>>58115878
you fucking shitfacefaggot, don't try to be the smartest when u obv is the ugliest and most fucktard in the room

>>58115746
>Wall St will save me!
kek

I don't understand how so many people can't see past the zero-sum nature of crypto. It produces nothing of value, so the only way anyone can make a profit is if someone else makes a loss. It is literally a pyramid scheme. Why isn't this immediately obvious to everyone?

>>58123014
it's a pump and dump

>>58123109
I know it's a pump and dump, but why are so many people seemingly unable to see this?

>>58122980
>he doesn't know

>>58123014
wait, what?
let's say a buy a painting for 500. Later on its value increases and i sell to someone else for 1000. I make a 500 profit, the buyer is happy to have the painting. Who lost?

>>58122884
Yes, this is why BUYING THE DIP BRO and SELLING THE TOP BRO are fundamentally retarded strategies done by gambling retards (aka day traders)

>>58123374
Difference is the buyer in your example probably wants the painting for its aesthetic value and is happy to pay 1000 for it. No one buys crypto because they enjoy having it, they buy crypto to sell to someone else at a higher price. The ones holding the bags when the scheme collapses will be the ones who pay for all the profits people made.

>>58123445
people buy bitcoin because it does a better job at being gold than gold does, every other crypto is a short term cash grab that attaches to bitcoins pumps like a remora on a shark

>>58123469
>it does a better job at being gold than gold does
>loses 50% of its value in a couple days
lol
lmao even
Also, you're basically saying its valuable because it holds its value. Reasoning doesn't get any more circular than that.

>>58123499
you realise that through the entire history of bitcoin that if you just don't sell after it crashes and wait a few months / years it'll be magnitudes more expensive? people don't buy gold to flip it, it's a long term "investment"

>>58123445
that looks like a very weak answer, of course you buy BTC to use it (like a currency or store of value against inflation).
So, you recognize it's totally possible that there's an interaction within the BTC market with no losers. Obviously the buyer wants BTC, the reason don't matter at all.
If you don't understand the intrinsic value of btc vs gold, you can just read this and it's 100% immediately crystal clear to anyone who's not retarded

>>58123516
it's valuable because it WORKS as a store of value, every aspect of it facilitates it's use as a store of value and even encourages it, obviously an immutable aspect of what makes a store of value have value is whether people agree that it is one, gold is only valuable because we decided it is

>>58123516
>you realise that through the entire history of bitcoin that if you just don't sell after it crashes and wait a few months / years it'll be magnitudes more expensive
This only works if the amount of money people put into bitcoin continually increases. Surely you can see the problem with this. Money isn't infinite (unless you're the fed) and the supply of retards willing to buy crypto will run out at some point.

>>58123562
fiat money is literally infinite, whereas bitcoin is finate, as long as the value of fiat currency drops (it has and will continue to do so as long as we are on this system), bitcoin will be worth more in fiat currency, even if it isn't worth more technically it will remain a hedge against inflation that is far more accessible than real estate

>>58115746

>>58123536
>bitcoin is useful because you can pack up and leave the country at a moment's notice without the government being able to stop you moving your wealth
Yeah I'm sure drug lords think this is useful, but the average person will never run into this problem.
I lose IQ points whenever I talk to cryptofags.
I wish you people would just be honest about what you're doing. You've bought into a pyramid scheme so you want other people to buy in and provide exit liquidity. Just be fucking honest and stop bringing up these moronic points about use cases that haven't materialized after 15 years.

>>58123615
political repression exists. being debanked for going against the system exists. do you really believe the government is a force for good and freedom?

>>58115844
do you retard zoomer cattle realize noone with enough money to matter knows what these shitcoins are

>>58123615
mhh no my little nigger, that's just an example of "i need to travel anywhere and move my wealth with me", how can i do it? fiat money, sure, but that suffer inflation. Gold? And how do i move it exactly? It's physical, heavy, hard to move. That's it, btc fixes it

>>58123615
you dont understand what a pyramid scheme is, bitcoins tech actually works, thats why people use it and will always use it

>>58115746
Bottom signal

>>58123615
>moronic points about use cases
fucking idiot, what you don't understand is that the use cases are the reason why everyone picked this exact asset instead of something else. The same exact thing would be possible with anything else, wouldn't it? The world could have chosen anything else to run a pyramid scheme on. But BTC was chosen specifically, because it does have properties that makes it valuable. You can cope all you want but that's the reality

>>58123821
>bitcoins tech actually works
yeah bro it replaces tradfi systems which have infinitesimally small transaction costs with a system that requires a fuckload of energy per transaction
truly the way of the future

>>58123849
lmao they picked bitcoin because they thought they could find an even bigger retard to sell it to. It's the popular thing at this point in time, just like tulips were a couple hundred years ago.

>>58123866
who gives a shit about energy, retarded greenfags? bitcoins energy consumption is ironically an economic motivator for innovation in energy efficiency and recapture, because miners want to mine the most for the least energy cost

>>58123873
please tell me how to grow more bitcoins in my garden I would LOVE to know

>>58123873
yes but this is going on for 15 years, tulip lasted like less than one
>because they thought they could find an even bigger retard to sell it
and why is that? why does it sound realistic? because it's valuable. A global, shared ledger that no one (not even governments) can mess with, that says how much value each address has, is a tool that HAS intrinsic value. It's a valuable property. The rest is speculation, of course, but there is intrinsic value in such a thing, and it requires a lot of mirror climbing to deny it. Just admit it, it's a useful tool. No one can be that blind. Otherwise you are just trolling at this point

>>58123911
thats the beauty. you cant.

>>58123911
>missing the point this hard
The point is that people are fucking retarded and will buy anything at any price if they think someone else will buy it off them at an even higher price.
>>58123916
I didn't say the two cases were identical.
>and why is that? why does it sound realistic?
It doesn't to anyone with above room temperature IQ.
>because it's valuable
It's not.
>A global, shared ledger that no one (not even governments) can mess with, that says how much value each address has, is a tool that HAS intrinsic value
Its intrinsic value depends on whether it's able to be used for trade. A widely accepted global currency would be immensely valuable, especially now with the US government bullying other countries with its control of the US dollar. But bitcoin is not that. Nobody offers goods for sale in bitcoin except for maybe small amounts of drugs. Before you say you can pay with bitcoin at loads of websites, no you can't. Those companies aren't offering anything for sale in Bitcoin, they go through a middleman which takes your Bitcoin and converts it to fiat for the company. The company itself never touches crypto.

>>58121105
You missed the last cycle and you're going to miss the next 2 because you think this way. And then 3 cycles later you'll finally start believing in them and by then it will be too late because of diminishing returns lmao

>>58123978
what's the last time you paid something with gold directly lmao
what the fuck are you talking about man, it's clear that's you are out of arguments and are just trolling
fiat is great for paying stuff, of course, but then people store their value in gold because of inflation. BTC is like gold but without the need of using a fucking ship or truck to move it safely. You have your networth with you ANYWHERE IN THE WORLD, that no one can contest, simply by memorizing the passphrase.
This HAS value.
If not being able to pay with it is something that removes value from a store of value, then gold has the same issues. If you understand the value of gold (and don't say shit like the industrial usage, obviously that's not the reason why gold is valuable), you understand the value of something that works like gold but it's digital and global.
Now cope ahead, it's really that simple

>>58123978
People have already explained to you why your dunning kruger midwit arguments don't work because Bitcoin has properties which make it intrinsically valuable. What is it average people and desperately needing to convince themselves that they're smarter than anyone else? It just makes you look even more retarded

>>58123978
>Before you say you can pay with bitcoin at loads of websites, no you can't. Those companies aren't offering anything for sale in Bitcoin, they go through a middleman which takes your Bitcoin and converts it to fiat for the company. The company itself never touches crypto.
there is always a middleman: credit card, currency conversion etc. I pay for my NL seedbox in crypto and if they turn this off I'm not gonna be a happy camper.

>>58123978
>muh heckin tulipa mania
>I need to pay my fast food in gold instead of usd or it has no value whatsoever
you’re out of the loop as for the bitcoin narrative
look up the articles of szabo on the history of money

>>58115876
This also happened in 2020 defi summer before the bull run, but you weren't here for that were you newfag?

>>58123978
>It doesn't to anyone with above room temperature IQ.
nocoiner cope
blackrock disagrees with you

>>58123978
>missing the point this hard
the irony

>>58124080
The tulip mania happened in the 1600s and lasted less than a year.
Given the rate at which information travels now compared to back then, a year-long bubble back then is like a week-long bubble today.
The fact that Bitcoin is still going strong after longer than a week, let alone fifteen fucking years, should be enough to tell you that the tulip comparison is retarded and that maybe there is some real value here that you're just not picking up on because of your bias.
There's also the fact that Tulips wilt and fucking die, which is clearly an obstacle when it comes to using them as a long-term investment/store of value.

all shitcons are now is a game of musical chairs, buy low, wait for the pump, sit in a chair and sell high thus "robbing" the fresh pile of newbs who hold their bags looking in the restaurant window drooling at the "chair sitters" ....it's literally become a "money shaking tree" for "rich dudes"....its so fucking easy to pick any shitcon and pump it up with converted jewbux and get the fomo piranha frenzy going and be in total control of said shitcon and thus be in charge of the timing of the rug pull and thus literally turn it into a money shaking tree where all said profits come from the literal poor being taken by the literal rich ..."shitcons for jew bucks here, shitcons for jewbucks".......it never gets old milking the goyim of their life essence

>>58124159
sure but why are you saying this to me

>>58124035
>>58124060
>>58124070
>>58124080
You cryptotards are so fucking stupid it hurts. Confusing commodities and currencies, not knowing that Blackrock just holds BTC for its customers and doesn't care if the price goes up or down, circular reasoning (IT'S VALUABLE BECAUSE IT'S A STORE OF VALUE) ...
I hope for your own sakes that you're just very young. There's no excuse for anyone above 24 to be this ignorant.

>>58124224
>Blackrock just holds BTC for its customers and doesn't care if the price goes up or down
same for equities. everyone buys S&P 500 because everyone else is buying and they expect it to outpace inflation and sell it to someone else later. I don't really care who are the companies inside the index and what they do, the point is that it is an asset with constant buy pressure from everyone's retirement accounts.
sure they make products too but that's completely secondary just like gold's scientific and industrial value is secondary to its price.

>>58118642
Go back to Plebbit, nigger.

>>58124224
>IT'S VALUABLE BECAUSE IT'S A STORE OF VALUE
no, it's valuable because of its properties, that we explained several times (and make it a great store of value)
what didn't you understand about those?

>>58124297
You have an extremely superficial understanding of economics. Just because you don't care about the intrinsic value of stocks, doesn't mean others don't. The goods and services the companies in the S&P 500 produce isn't "completely secondary" to the value of the index fund, it's the bedrock that makes it value.
>>58124330
Its properties make it useless as a currency. If you want to claim bitcoin is a commodity (which goes against what Satoshi had in mind), then it has to have intrinsic value. Wheat can be made into flour, steel can be used to build millions of useful products, gold is used in industry and also as jewelry. Bitcoin is not a commodity, and cannot be used as a currency, making it intrinsically worthless.

>>58124428
>bedrock that makes it value
*bedrock that makes it valuable

>>58124428
again, a global and shared ledger that can't be tempered with has intrinsic value. Only a retard is not able to see this. This is a property of the asset that gives it intrinsic value.
>gold is used in industry and also as jewelry
kek
silver is a 1.5x better conductor than gold, we perfectly know that its practical usages are not the reason why gold is worth what is worth

>>58124491
>a global and shared ledger that can't be tempered with has intrinsic value
What human need does it meet? Again, wheat meets the human need for hunger. Steel meets the human need for shelter and a million other things. Gold meets the human need for vanity. What can you do with a global ledger? What you're arguing for as intrinsic value is not in fact intrinsic value. It could lead to intrinsic value if bitcoin were to become a global currency on the back of this property, but by itself it has no value.

>>58124428
>Just because you don't care about the intrinsic value of stocks, doesn't mean others don't.
kek. why are there companies with P/E ratios that stay above 100 for years. it is not "intrinsic value".

>>58124544
the human desire to be free and empowered you stupid cunt

>>58116071
Inflows slowed as GBTC outflows increased, but GBTC isn't infinite, it's already down to 56% of pre-conversion holdings

>>58124658
A global ledger doesn't meet that need you nigger.

>>58124643
Growth companies (like Amazon) reinvest all their earnings back into the company in order to grow faster. This tanks their P/E but investors know that so they don't mind. Other companies sometimes have a cult of retards buying their stock (e.g. Tesla or GME). In that case the stock eventually crashes when the cult's delusional expectations don't materialize (again, see Tesla and GME).

>>58123499
No, it's a fixed unit of account versus gold with infinite practical supply and 2% mining inflation (that's a 3x in supply every 56 years, a 7x every century). Broad market exposure is closer analog to BTC, but using equities as a Store of Value is systemically inefficient as companies can pull capital from the market, effectively being subsidized by SoV buyers. BTC fixes this, providing a pure fixed unit of account to use as a SoV.

>>58123866
Where can I buy this stateless, trustless, counterparty free fixed unit of account tradfi product? Oh, right, that does not exist.

>>58124696
it does as much as much gold fulfills the need of vanity lmaooooo, dumbest shit i've ever read
i'm 100% you are just trolling at this point, you are way too retarded to be real

a global currency that is "clean" ie controlled by an incorruptible program {blockchain} is what is needed.....NO ONE WOULD NEED SHITCONS IF YOU HAD A "REAL" HONEST MONETARY SYSTEM....SHITCONS ARE CENTRAL BANKER TOOLS TO HIDE FLIMFLAM....ANY!!!! CC VALUED IN JEWISH CENTRAL BANK CREATED MONEY ARE SHIT....THATS ALL OF THEM, INCLUDING PM'S VALUED IN JEWBUX....YOU USE CENTRAL BANK MONEY, AND WANT IT....THAT IS THE PROBLEM ....ALL CC IS/DOES IS CREATE ANOTHER LAYER TO THE USURY SCAM

>>58124544
>What human need does it meet?
lmao, what human need does the banking system meet? how can someone be possibly be that dumb, ignorant or blind, there's no way you are for real

>>58119574
>>58119686
Goddamn fr good to see my niggas know what its all bout off top

>>58123516
Bitcoin isn't Gold, it's nothing, code.

>>58126213
Sorry you're too dull to understand abstractions

But it's different this time and you will see. Gosh I wish this board wasn't anonymous so I can throw it back up in your face when you realize eft's have caused btc to only mini pump

>>58115746
>he sincerely believes he smarter than the thousands of wall street niggers dumping billions of dollars into the market
yes

>>58123014
Bro, the EU jumping on that QAN tech and slowly but surely pumping my bag. Sorry, but all I see here is my chance to make it big.

>>58124544
The key part you're missing is that networks have value derived solely from their scale and active users.

>>58125493
The need for loans, lending of capital by non-productive people to the productive. Can't believe this idiot just asked why banks are useful.
>>58127119
>Sorry, but all I see here is my chance to make it big.
This at least makes some sense. The chance to make it big is blinds you from seeing the scam nature of crypto.
>>58127324
I can't see why the network itself would be useful. For example, a network of computers is valuable if it allows transmission of information between people (the internet), but it's the transfer of information that gives it value, not the essence of the network itself.

>>58115860
> puts $1 on a lottery and won $1000
> that's 10,000% growth omg wtf hodl tdm
> selling my house and buying more lottery tickets

cryptards are both sad and hilarious

>>58123130
> Alice mints a secret number for basically $0
> Alice sells secret number to person Bob for $1 because Bob is an autistic faggot who thinks its really neat to own a secret number
> Bob tells Carol its worth $10 and promises 1000% year on year growth. Carol buys the secret number because Carol is a gullible retard with FOMO.
> Carol tells Dave she has a secret number that grows 10x every year. Dave is a greedy fuck and offers to buy Carol's secret number for $100
> Dave waits a year and sells the secret number to Eve for $1000 and thinks he's the smartest guy on the planet
> Eve sells to Frank a year later for $10000 citing the same 10x growth. Frank has dreams of owning a Lambo.
> Frank sells to Grace for $100000. Grace dreams of USD and owning a yacht.

after this bullshit game of hot potato we have the following net positions:

Alice: $1
Bob: $9
Carol: $90
Dave: $900
Eve: $9000
Frank: $90000
Grace: negative $100000

see no money was created or destroyed. money was only transferred from Grace to all the other fuckheads in the blockchain. and Grace think she's going to be a millionaire because she has a secret number that has gone 10x every year. what Grace doesn't realize is no money was created and she's in a huge negative position and her only asset is a secret number.

the problem Grace has is she needs to find somebody dumb enough to buy that secret number for $1million. there are people that dumb. but how many people? and how much longer is this game for financial retards going to play out.

>>58123615
Good goy.

>>58122884
They are not "taking profits". They have to buy BTC for their ETF, that's all. Their customers buy BTC through the ETF, so they buy BTC. When their customers sell BTC through the ETF, they will sell BTC. They don't give a shit about the price at which their customers buy and sell. They make billions with their fees.

>>58128573
smg chud

>>58127555
The value comes from the number of participants. There are a few models aiming to provide precise values for networks.
You have a telephone, but no one else on earth does. How useful is the telephone? How valuable is AT&T
>but it's the transfer of information that gives it value
Is that not what bitcoin does?

>>58128668
Why does grace need to find someone to buy the secret number for $1million? $10,001 should cover her losses and give her profit equivalent to Alice

>>58127555
See: >>58124797

Store of Value is not new, BTC just fits the function better than what came before

>>58130416
Again, a network is only valuable if it fulfills a purpose. A network with millions of users is worthless if it does nothing and cannot be used for any useful purpose. The Bitcoin network would indeed be valuable if it served the purpose of a functioning global currency, but it doesn't. That's the currency angle, but if you want to go with the commodity angle (store of value), then you have to find some sort of intrinsic value in the Bitcoin network, which does not exist.
>Is that not what bitcoin does?
The internet already does that much cheaper.
>>58128668
Yeah this is pretty much it. I sort of feel bad for the ones holding the bags when this shit crashes, but they only have themselves to blame.
>>58130451
What this basically shows is the pyramid scheme getting larger with time. Also, why the fuck is it animated when a picture would provide the exact same information?

>>58115876
Yea the etf bull run isn’t the same as the halving bull run. If anything the etf inflows were the lube for the halving super cycle. It’s all all coming together

>>58131239
>then you have to find some sort of intrinsic value in the Bitcoin network, which does not exist.
decentralization, no need for a third party
as we told you many times, this has value, simply saying "no" and coping won't change that

>>58131239
you sound broke

>>58115746
midwit fr

>>58131239
> 2020 + 4
> still using buttcoin tired reddit midcurve arguments
shiggy

I hope bitcoin dumps to 35k and sends shitcoins back down. I can wait for bullrun as long as shitcoiners get what they deserve.

>>58132037
>decentralization, no need for a third party
Again, this is the currency angle. Bitcoin won't work as a currency because of the proof of work scheme. Transactions are just too expensive with Bitcoin.
>>58132136
>>58132327
>no arguments

>>58115746
But muh candles

>>58115844
You would have gotten too greedy and got dumped on if you were retarded enough to buy. Be real anon.

>>58133310
>Again, this is the currency angle
bro, BTC (and the market) doesn't care about rules and categories. It's something that lets you store value so you don't lose it to inflation (like gold and other things), but that can be moved and handled easier than other stores of value and doesn't require third parties. "But then that's a commodity, but then it's a currency" = bullshit. It's just BTC, unironically a new paradigm. There is intrinsic value in its property which you are not able to deny. It's something useful and scarce and anyone that wants to access its network has to own it, simple as that. Your categories can't change this simple fact, no one cares if you can't understand it

>>58119044
My prediction is a silly little 5% compounding gain every month…


Forever…

>>58133504
>It's just BTC, unironically a new paradigm
Thank you for saying this.

>>58133867
>no argument

>>58118892
>he thinks Blackrock bought the top

>>58133881
>it's valuable because it just is bro, stop trying to categorize it
>it's a new paradigm bro
I'm curious if you people actually believe this shit deep down.

>>58133960
lul stfu fucking retard, Blackcock doesn't buying anything, their customers do.

>>58134046
Doesn't matter retard, they're not going to invest their customers money in something that's going to tank. How do you think they're able to collect their fees you smoothbrained paki? By making winning calls, that's how

>>58133992
Why don't you take a look at the charts and see for yourself?

>>58134146
>just look at Bernie Madoff's returns bro

>>58134132
lul mongoloid retard, Blackrock literally doesn't care at what price their customers buy or sell, when people buy their ETF they buy BTC for them, when people sell ETF they sell BTC.

Simple as that... you mongoloid lemao.

>>58134189
>lul
>lemao

Are you a teenage girl?

>>58134239
>ad hominem

As I said mongoloid.

>>58134189
Sure why not add shitcoin #4239437 to the ETF as well? Blackrock doesn't care bro, they just happen to get lucky and make all this money for themselves and their customers.

You are a fucking moron, aren't you?

>>58131239
>a network is only valuable if it fulfills a purpose
It stores a value in a trustless, stateless, counterparty free distributed ledger. That you can't see the value in this is on you.

>>58134266
No u

Blackrock doesn't make shit for their customers, they care only for their fees. They provide ETF and collect fees whenever people buy or sell... are you stupid or just pretending?

>>58133992
>because it just is bro
hmm that's not what we told you tho, it's valuable because of its properties that we explained multiple times
your only answer to that was blabbering about commodities and currencies, who gives a shit? not the market for sure. Something has valuable properties even if you can't put it in one of your 2 categories.
What happened when currency was invented? At some point people start using seashells or some shit, but before that day, "currency" wasn't a category at all, it didn't exist. What's hard to understand?

>>58116018
exactly this. it feels exactly like the 2017 top and 2021 top. i was there by the way.

>>58134548
either lying or poor memory
the magnitude and general euphoria was off the charts

>>58115900
With ETF's involved, the halving is going to look weird this time.
Its going to clawback. The banksters would love some actual coin to keep their little etf fuckery going.
Its scarcity. That is going to drive this whole fucking thing mad.

.28 and you're in the 1%

>>58116071
Don't listen to this guy.
HODL.
There are only 19million coins "out there".
The banksters are limited in what they can do with etf's, until they themselves hold more.

>>58118999
>Move from wbtc to weth for bonus points at top.
Huh?4st0g

>>58115746

>>58115746
Watch this shit play out.
The halving happens.
Things look like they are about to ride down
Faggots bail from their rddt ipo and bail back into crypto.
crypto moons.
rddt crashes.
You readit here first.

>>58134422
And why do people/companies pay Blackrock fees and not you or me, or better yet, other fin institutions? Because they trust Blackrock to make the winning play. They know give they money to Blackrock, their money goes up, despite the fees they have to pay. Do you understand now, you witless pavement ape?

>lul
>lemao

What a fucking loser

>>58135716
Holy fuck you're stupid.

>>58115746
The bull run ain't over, OP, and you'll regret those paper hands. I'm still holding strong and stacking up on low mcap tokens like DUA, RIO, and DIMO.

>>58117520
Probably on the upswing. Still optimistic about the market's future and doing some DCA on Brillion token, QANX, and FET.

>>58132423
I'm sticking with holding BTC in self-custody and waiting to see what happens post-halving. Already diversified with RWA tokens and holding them in an Alliance Block official smart wallet, the go to for tokenized RWAs.

>>58133411
Literally this. Zoomers and indians will forever buy the top and then blame others for their fuck ups.

>>58115746
saylor bought the last top

>>58115746
There's a bear pennant forming on the 4hr, we're breaking down to 52k before a recovery

>>58141881
BEAR BENNAND :DDDD

>>58117520
I don't care, I'm just waiting for Supra TGE because I know it will pump like crazy.

>>58141881
Perfect analysis, ladies and gents.

>>58115746
All that bitcoin money temporarily moving to Solana to buy nigga tokens.

>>58123014
>I don't understand how so many people can't see past the zero-sum nature of crypto
It starts to make sense when you realize how stupid the average person is. A lot of people are barely more intelligent than a chimpanzee. They see line go up and jump in without a second thought.

>>58123014

To be fair anon, you could say the same about the cryptocurrency market.

>>58123014
What value does cash produce? Why do people hoard so much cash. It literally does nothing. And yet the entire society is OBSESSED with trading cash for items back and forth. Are they insane? Who would want to trade a car for some colored paper that does literally nothing? This scam is obviously not going to last

This is the kind of I AM SMART posts that idiots love to make, it's the "FOOTBALL IS JUST MEN KICKING A BALL" of finance.

>>58123014

To be fair anon, you could say the same about the stock market.

>>58144885
Don't try to make reasonable posts targeted at nocoiners, they're either unsalvagable garbage or trolling.
The internet nothing-coins are so USELESS that they are worth 70k a pop!

>>58115844
8k huh? We have a big boi here

>>58115844
>8k
>it's biz fault if I'm not making money, not my lack of agency
2016 oldfag here, you are not going to make it

>>58144885
>What value does cash produce?
Try buying stuff through barter. You might see the value then.

>>58145002
You're talking about utility, which is a more personal concept. Try spending dinars at 7/11.

>>58145048
The sad thing is you don't know how retarded you are.

>>58145075
I really wish you people would respond substantially rather than just oh yeah? well you're dumb

>>58119574
50k will be seen three months after halving. Post halving will be the first selloff with a bear trap at the end. Anyone who says it's already happened is a retard. This will kiss 80 by halving.
May-July will be bobos calling it crypto winter and everyone got rugged blah blah blah, then JPow will lower rates and my dick can only get so erect. I dont know if this will get to 150k, but that's only because theres only six months of growth before Biden or Trump absolutely fuck 2025.

>>58132423
Considering the win rates of shitcoiners you could literally do nothing and accomplish the same goal. Biztards are probably paying for the entire Indian space program at this point.

>>58140079
Even Cathie Wood is making money.

The copium in this thread has me more bullish than ever. Imagine being so stubborn you ignore the free Solana shitcoin money. Did you faggots miss out on the uniswap days too? Hows that 1.3x stock portfolio working out?

>>58146138
imagine being more stupid than cathie wood and stay sidelined this whole bullrun

>>58115746
Now's the time to accoomoolate longterm holds desu

>>58146421
I hate that bitch like you wouldn't believe. Shes the reason I have a sign that says NO BLACKS NO WOMEN above my desktop as a reminder. I'm still 44% down on ARKK and ARKG from 2021.

poomp bros how we celebrating tonight? I’m gonna order a pizza and watch Monday night raw

>>58146493
ye I cut losses when I reached -15% on my ark-whatever-stock
don't know wtf I was expecting from this

>>58146461
>He hasn't heard the news that no one can hold anything more than 10min anymore.
What the hell is not dumping like a bag of rocks anon?

>>58146546
Solid utilities, ideally either with revenue sharing or you use the utility yourself
- Crocbot (airdrop farm)
- SDA Panoptes (signal bot)
- Chainswap (best crosschain swap with revenue sharing)

>>58123014
you had 400 years

>>58145954
There's a whole bunch of posts by this anon >>58123014 explaining why crypto is a ponzi. Though he's almost as dumb as cryptotards for trying to explain basic economics to you people. It's kind of like trying to explain Newton's laws to a baboon.
Anyway, good luck with your ponzi!

Sidelined here with 100% in cash. Feels bad man. Hoping it will crash to 50k in summer

>>58146914
he

>>58146910
yes, and he was utterly destroyed in this very thread. He didn't make a single good point

>>58146793
SDA is bottomed
ChainSwap could use a proper dip

>>58147112
People like Warren Buffet have been making the same points for years. Like I said, no point in arguing with cryptotards. It's pretty clear who

>>58147112
People like Warren Buffet have been making the same points for years. Like I said, no point in arguing with cryptotards.

>>58147415
>People like Warren Buffet have been making the same points for years
daaaamn, i was wrong then. Thank you, just sold everything

>>58147120
>waiting for le dipperino
Risky business...the dip may or may not come. If you can, DCA.
As for SDA - if you want to use the utility, go for it.

>>58115746
Big airdrop

https://twitter.com/BrainTolivl/status/1771035832461226207

>>58123916
>tulip lasted like less than one
Are you sure about that?

>>58115746
Epic pic frog dude

>>58147538
tulip mania, yes. Tulip as a flower, no, it still exists today

>>58128668
Where would I find some of these secret numbers? Asking for a friend.

>>58115746
Sure thing bro. This ponzi will never go down bro

>>58115746

Big airdrop

https://twitter.com/BrainTolivl/status/1771035832461226207

>>58123562
the amount of retards will never run out there is infinite retards in the word. beside there is peaple wish they don't know what to do with there money so they will buy shitcoins/bitcoin and hold it for no reason . maybe btc is the perfect scam. in the end everything will be priced with btc