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/biz/ - Business & Finance

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10639133 No.10639133 [Reply] [Original]

*crack*
*siiiiiiiiiip*
Oldfag 30 y/o boomer here. Been hodling since the great crash from $1k to $200. You zoomers need to calm down. This current market is hard to stomach, but if you get a couple of sips in you, step away from your blockfolio, and look to the future with a clear head then you'll see that the industry around cryptocurrency is going to continue to grow, and in turn, so should its value. The two big things to look out for is Lightening Network development and ETF approvals. The great surge of 2017 was during a time of Bitcoin largly only being accessable through exchanges like Coinbase and Gemini with slow, complicated verification procedures, and strict deposit/withdrawal limits. This, coupled with the scalability issues of Bitcoin causing high fees and slow transactions while the network was under stress created an environment for a bullrun that wasn't sustainable. Imagine having to spend $50 in fees and wait 14 hours to send btc from coinbase to your cold storage. ETFs and decentralized exchanges will make Bitcoin much more accessable, allowing for the possibility of more money entering the market like we previously haven't seen. This + the scalability issues that the Lightening Network is currently working to solve could easily be our ticket to Mars. There is already an industry growing around LN, and with each day development is advancing further and further. Just do your homework and keep an eye out for what people are working on. One promising project seems to be https://sparkswap.com.. I suspect there will be many more to come. Close that pink wojak folder and analyze the fundamentals of your investment. Do you see a future for it? Look beyond the red and the pink. We're all gonna make it /biz/bros, even some of you altcoiners. Don't lose your way on this ride we're about to take

>> No.10639169

>>10639133
This, seriously.

>> No.10639232
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10639232

40 year old zoomers are the worse

>> No.10639393

I stopped checking prices in June. I am not going to withdraw at a loss but at this point I am fucking terrified to open blockfolio.
t. January Fomer

>> No.10639413
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10639413

>>10639393

>> No.10639443

>>10639133
>LN being anything more than a joke

You really are a boomer aren't you?

>> No.10639587

>>10639413
This shit makes me kek everytime

>>10639443
I actually like LN, Roger. It allows for more options when engaging in Bitcoin transactions, and has many use cases

>> No.10639812
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10639812

>>10639133
>You zoomers need to calm down
50 year old soomer here. Those young'uns need to stop investing in fake coins and invest in something of real value, like housing, stocks, good old fashioned hard work or classic 80s j-pop.

>> No.10640353

80 yo zoomer here i tell you what walk right into wall street look the big boss right in the eye and say give me the job and badabing badaboom your golden

>> No.10640374

>>10639133

*siiiiiiiiiip* this here friends. This right here. Yup.