Has biz finally ran its course?

[Anonymous No.26808740]

No real tech threads like with link,everyone is trying to shill mooned shitcoins,etc. and now people are talking about stocks nonstop

[Anonymous No.26808856]

>tech threads

>>>/g/

[Anonymous No.26808952]

>>26808740
it will come back, right now nothing js happening in crypto and plebbit refugees are here to stay until the gamestop meme ends

[Anonymous No.26808978]

>>26808740
The discussions and threads with substance happen during the bear market.
That's when the big brains get their ducks in a row.

Once the bull gets moving, newfags pour in and chaos ensues.
But the gems pierce rise to the top on the rising tide of dogshit.

[Anonymous No.26809029]

>>26808740
We have more traffic than at the top of 2018. We won't have any serious discussion until redditors leave.

[Anonymous No.26809171]

>>26808978
>tfw your ducks are in a row

[Anonymous No.26809261]

but we had 3 years

[Anonymous No.26809398]

Nice thread DECOration. People are missing the implications of the GME pump.

It's all caused by opaque manipulative shorting of a traditional stock at a point where technology has advanced to allow retail traders a foot in the door. The effects of this, and future events like it, will make the traditional markets seem obsolete and vulnerable. In the background defi is gaining traction, and is introducing synthetic assets.

Synthetic assets allow the stock market to function on the blockchain. They, and smart contracts, will change everything, but they are way ahead of their time at the moment.

Take the current wsb/gme scenario. The stock is over shorted, but the longs need to buy and hold as a group to extract maximum gain. As the price goes up there is more incentive for individuals to sell for their own gain at the expense of those holding - they sell out the group moonshot so they can have their smaller personal payout. It's a big game of chicken that relies on group trust, sooner or later it will break down.

With smart contracts and synthetic assets large group could lock in the group moonshot. Imagine discovering an over-shorted stock like GME that was available as a token. You could build a smart contract that was solely designed for a user to deposit token into, lock it for a specified time, then return it to the depositor's address. Alternatively set the release conditions to be hold it until a certain price threshold was met OR a determined length of time.

The group would be able to use the contract and effect the squeeze knowing they didn't need to trust (or collude) with anyone else to extract the maximum gain.

That's just a basic example but if it becomes that easy it will make such shorting obsolete. There are probably 100 more cases where a trustless, open, smart contract can be used to disrupt or improve upon an existing mechanism. All done without any collusion - it's just a contract. It'll change everything, and it'll all be powered by LINK.

[Anonymous No.26809452]

>>26808740
former btc maxi and part of the marine army. now ALEPH, literally a must watch

[Anonymous No.26809546]

>>26808740
>No real tech threads like with link
I was here for 3 years and can confirm that it was just a paid shill campaign

[Anonymous No.26809880]

>>26809546
>he had three years and didnt buy LINK

[Anonymous No.26810734]

>>26808978
I miss the bear market bros it was so comfy

[Anonymous No.26810851]

>>26809398
High IQ take