/biz/ - Business & Finance

[Anonymous No.10995392]

Ouch...

[Anonymous No.10995404]

and people here still think they're early adopters. mainstream media has talked about btc for years now, 60-70% of americans know about cryptocurrencies. if you bought after 2015-2016 you're part of the late adopters, that doesnt mean there's not more money to be made, just that the majority of the money has already been made

[Anonymous No.10995477]

>>10995404
saged and gay. kys

[Anonymous No.10995478]

>>10995404
This. My fucking high school age nephew and essentially all of his friends are into crypto. His school did a short unit on it, for Christ's sake. Anyone who thinks /biz/ is an "early adopter" is utterly delusional.

[Anonymous No.10995559]

>>10995404
>>10995478
>americans think america is the entire world

[Anonymous No.10995609]

>>10995559
It's the only country that matters

[Anonymous No.10995610]

>>10995559
>We're still early adopters if crypto isn't yet own by 100% of the world's population.
>We can ignore that fact that crypto is traded mostly in First World countries.

[Anonymous No.10995612]

>>10995478
I hate this so much! Because of this, we have 13 year olds in biz and r/cryptocurrency. I could be trying to have a conversation with a person who I thought was an adult but is actually just 11 and they just learned about Bitcoin in their 6th grade economics class.

[Anonymous No.10995619]

>>10995404
Bitcoin marketcap is not much higher than all cross-country payments fees combined for a year. It's nothing.

[Anonymous No.10995623]

>>10995404
>MFW my computer illiterate grandpa asked me about bitcoin almost year ago
>MFW people think that they are early adopters

[Anonymous No.10995624]

>>10995609
This

[Anonymous No.10995626]

>>10995404
plenty of money still to be made unless youre a poverty ass faggot

[Anonymous No.10995661]

>>10995404
Everyonr in my high school in 2009 was talking about bitcoin. Even my teachers and the fucking paras. If you bought in 2011 you are already a late adopter.

[Anonymous No.10995673]

>>10995661

Literally 2 weeks after Bitcoin came out all the news organisations were talking about it.

If you bought 2 weeks from it's release you're a late adopter.

[Anonymous No.10995754]

>>10995610
you thinking the use of crypto is to be TRADED shows how early we are
it's supposed to be used as currency (buttcorn) or gas/value for dapps (ethereum), not as a speculative tool
so you're a fucktard
of course it's similarly retarded to believe being early implies making money. people didn't get rich off using the internet in the 90s, unless they specifically set out to make money

[Anonymous No.10995815]

>>10995404
>Lmao if you're investing into the internet in 1995 you're already late to the game
retard

[Anonymous No.10995993]

>>10995815
>he thinks this is 1995 when its actually more like 2002
okay faggot. good luck waiting 10 years to go back to ATH again.

[Anonymous No.10996045]

https://youtu.be/XmMQAuO62gI

[Anonymous No.10996103]

>>10995754
>Currency can't traded.
>What is forex?

Nice understanding of finance, dickhead.

>it's supposed to be used as currency

The free market doesn't give a fuck about what Bitcoin is supposed to be used for. Just because it's not being used as currency now doesn't mean it will be used as currency in the future. The white paper isn't some commandment from God telling people what do.

>you thinking the use of crypto is to be TRADED shows how early we are

You defending crypto shows that you're only interested in the speculation of crypto. People using fiat daily generally don't give two shits about its value against other currencies.

[. No.10996327]

>>10995404
Many people know about it
Most hold Sub $500 of it.
old timer stock fags watch it but wont touch it.

[Anonymous No.10996404]

>>10995478
>>10995404
People know, but did they buy in? I've known about bitcoin since 2011, watched the market since 2013 and didn't buy untill a month ago. Once we surpass the previous ATH everyone will fomo in for one last final moon mission. 200k by 2021, screenshot this. Also let's not forget about bakkt.

[Anonymous No.10996422]

And how many know about Chainlink?

[Anonymous No.10996474]

>>10995661
>Everyonr in my high school in 2009 was talking about bitcoin.
but nobody held it nobody bothered with it because nobody saw it go much beyond $1.

[Anonymous No.10996481]

>>10996474
what i mean is those people were not adopters but bystanders.

[Anonymous No.10996776]

>>10995404
>>10995478
how many of them bought it

tldr: fuck off

[Anonymous No.10996845]

>>10996776
Exactly, no one buys. I'm pic related and all of my colleagues have heard of it but won't buy. Told them about it, they watched it go up, and down, still won't buy. And these are people with money to invest.

[Anonymous No.10996857]

>>10996845
most people are more motivated by fear than greed that is how society stays together. sociopaths are different but there is not many of them. other people like us assess the risks differently and altho fear is always stronger at equal chances but we can manage risk.

[Anonymous No.10996879]

>>10996845
They will buy once we surpass 20k again.

[Anonymous No.10996893]

>>10995404
many knows about it but a huge majority are too pussy to even jump in yet. The true FOMO will start once BTC breach 100k

[Anonymous No.10997208]

>>10996893
This.

[Anonymous No.10997293]

ITT: bagholderbingo.jpg

[Anonymous No.10997304]

>>10995404
Way less than 0.01% of the world's population holds crypto.
If anything this phase is before the early adopter phase.

[Anonymous No.10998100]

>>10997304
This is only true if people FOMO in on mass, which will happen once we breach 100k or even 1M. The question is how we will get to that point. Is bakkt going to be enough? I doubt it. If I was a whale I would buy when ever the shorts a high to force a squeeze chain reaction.

[Anonymous No.10998207]

>>10995477