/biz/ - Business & Finance

>People on this board unironically think this is not a bubble
>People on this board unironically think this is going to MOON any day now
>People on this board unironically think the 2018 crash is just like all the previous crashes

>>7888322
what % of the world do you think actually own any crypto?

>>7888441
About as many that will ever own it retard

>>7888322
>this is going to be a gox level crash
>...for no reason
>with hundreds of new projects in the works
>with BTC upgrades coming
>with BCASH if you think those upgrades are shit
>with SEC saying they aren't going to regulate it

your new is showing

Still can’t buy anything with most crypto most use it as a way to flip for more fiat and that should tell you everything

>>7888322
>salty nocoiner
>low test so never had the nuts to buy in

>>7888441
What % of the world has not heard of them?

What % of the world who DID hear of them decided they are a scam/risky/useless?

What % of the world who DID hear of them decided they want to invest but lost their money and are not going to do it again?

Just look at the Google Trends, actual transactions, media coverage, etc. Even after BTC broke 11k, nobody gives a shit.

Everyone who wanted to come in the crypto market already did. The peak is over. It is all ogre now.

>>7888481
You don't understand why people have bet on the crypto market... Pro tip: *bet*.

They want MONEY. They don't give a shit about the "technology" or the "blockchain" or the "payment potential".

>>7888548
lol screencapping

>>7888481
And wtf, are you retarded buddy? The SEC ABSOLUTELY SAID they are going to regulate it. Congress has reiterated this view. The EU will do the same. Are you retarded? You think this will go on unregulated?

>>7888322

I unironically believe all of that

>>7888641
are you stupid? They specifically said cryptocurrencies will not have to go through security laws and wanted to make sure the US was where blockchain industry would thrive the most. They said they wanted to leave it unregulated to foster growth like the early internet, almost word for word.

The only thing they said they would go after was ICOs, and even then they went on to say that anything outside of the US is outside of their jurisdiction and they could do fuck all anyway so buyer should just beware

>>7888591
I'm not your buddy you filthy nigger. Go back to plebbit

>>7888695
The SEC argued they have oversight over ICO's as securities, and already started to enforce anti-fraud rules on them.

But, there are no special considerations regarding cryptocurrencies in general, for example, exchanges are still only regulated as money-transmission service providers.

See:

>As [Commodity Futures Trading Commission] Chairman [J. Christopher] Giancarlo and I stated recently, we are open to exploring with Congress, as well as with our federal and state colleagues, whether increased federal regulation of cryptocurrency trading platforms is necessary or appropriate. We also are supportive of regulatory and policy efforts to bring clarity and fairness to this space

>The U.S. Securities and Exchange Commission wants to bring sales of new digital tokens, or initial coin offerings, under its authority.

>Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers told Reuters.

>>7888844
nigger

For example:

>Appropriate federal oversight may include: data reporting, capital requirements, cyber security standards, measures to prevent fraud and price manipulation and anti-money laundering and ‘know your customer’ protections,” he will testify. “Overall, a rationalized federal framework may be more effective and efficient in ensuring the integrity of the underlying market."

>>7888548
What % of millenials and people under 40 have zero interest in stocks and prefer crypto?

Which direction is that trend going in?

Wake up, faggot.

>>7888903
oh look a nigger that can't read

nigger

This looks a lot like another chart i know of

>>7888548
>hes gonna miss the smart contracts bubble

Ayyyyyyy 1 less brainlet getting rich

>>7888481
Just let them think they are correct, these retards are the ones who will fomo at half way of the true bubble.

>he thinks the bubble is over when everything is still in development

If you retards cant DYOR and come to the conclusion that companies will save billions with this technology (which is all you need to know to understa nd that it will get adopted), then youre a lost cause. Have fun FOMOing in at 2 trillion market cap lmao