/biz/ - Business & Finance

ive said this many times, no one really takes notice.

Cheap money flooded the market and will only go down in the next recession.

>>5928621
When is this recession you speak of?

>>5928553
"Big crash" already happened weeks ago.
Cryptocurrency suddenly vanishing away is just a meme.

>>5928621
how are you preparing for this?

I was thinking of buying literally any shitcoin which is rising a bit and sell once the crash starts.

But i wonder how long it will take for crypto to recover. Theres definitely going to be "i told you it was just a bubble" threads in the near future.

>>5928666
this year or next year. People didnt realize we were in a recession last time until it got really bad in 2009 when it started in 2007.

>>5928553
right now

>>5928679
Yep

I think we just had the 'first sell off'

>>5928722
>i told you it was just a bubble

yeah expect that, if it happens im putting it all into btc, eth, and dollars. Havent decided on the ratios

the day the government announces lower rates again or some stimulus is the second you need to get out of pump n dump coins

>>5928778
Bitcoin is in the denial phase currently , meanwhile alts are in the media recognition phase

Until bitcoin breaks a new ath I think it's going sub 10k pretty soon.

>>5928778
How long have you been in the game?

>>5928869
This.

>>5928869
its still following the parabolic trend

>>5928553
Reminder that these threads haven been around of this board since 2015 and still here we are...

>>5928839
sounds good. I plan on buying alts at the rock bottom as i dont even have a choice anyway

>>5928869
judging by how people talk about Ripple or Tron you might be onto somethiing

While coinbase and binance are so slammed they can't register new customers I'm not going to worry about it.

Not until we have a mass normie flood. The only coin close to that is bitcoin, but the media only really started recognizing it on mass about 2-3 months ago now. We still have a few years in this market.

How long before the entire cryptocurrency market just starts panic buying XRP at any price? How long before there are literally ZERO BIDS for the mountains of play money game tokens that have ZERO real-world business demand?

Already, people are seeing through the lies of the mainstream cryptocurrencies. Seeing the slow confirmation times, seeing the backlog of unconfirmed transactions, and seeing the inability to scale, seeing the INFLATION by means of fork after fork.

They're saying to themselves: "Hey! We were promised fast and cheap money transfers. We were promised a robust network with lots of powerful computers. We were promised a new world currency. We were promised a limited supply." They will see that XRP offers all of those things right now, and that all the other cryptos never will.

The crypto market is musical chairs. When the music stops, they will see that there are only 2 chairs remaining. One chair for XRP, for lawful, fast, cheap, secure monetary transactions. And one chair for Monero or whatever privacy cryptocurrency is most popular in the world of crime.

XRP is real man's cryptocurrency. It is lawful international business cryptocurrency. It is government cryptocurrency. I only hold XRP.

>>5929959
fuck off

>>5929959
XRP SHILL FUCK YOU AND YOUR SHIT IN EVERY FUCKING THREAD