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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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16364772 No.16364772 [Reply] [Original]

Who is actually still buying shitcoins? I see threads for retarded shit like Howdoo, 0xBTC and every flavor of DAG from Fantom to IOTA. Who the fuck is buying this shit?

>> No.16364777

Smart money

>> No.16364791

>>16364772
>Who is actually still buying shitcoins?
Very few of us, that's why you have to buy limited supply coins. They're the only things than can pump on low volume and wash trading

https://dex.wavesplatform.com/dex?assetId2=FhsFXnMnZYk2nFQGfcd9rCmDaKYYxqhmDrExUTtDYAtC&assetId1=WAVES

>> No.16364800

>>16364777
>Smart money
is buying BTC then buying alts after ATH and the halving passed the previous year.

>> No.16364806

>>16364772
I think it's somewhere between literally no one, and almost no one.

With SENT, for example, there have been a small handful of people who came forward and talked about how they got burned. So I guess that shows even the most blatant scam will rope in buyers from /biz/.

I always wanted to believe there was no way people were falling for this shit but clearly I over estimated the intelligence of the average /biz/ user

>> No.16364835

>>16364772
Last thing I bought was hot with some link profits, da regrets. I haven't put any new money into this market for around 6 months now,

>> No.16364849
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16364849

>>16364772
me

>> No.16365050

>>16364772
I bought some Nimiq because it's the only crypto which impressed me recently and I could see myself and normies use

Everything else either
- already went through heavy price discovery
- is vaporware developed by incompetent retards
- is a chinkscam

Didn't made any ROI but again I was bleeding money during 3 whole years with XMR too.
My biggest fear currently is that adoption never happens for anything desu, there has been so much hype over the years that anything less than a financial revolution will bury us all