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/biz/ - Business & Finance


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3787834 No.3787834 [Reply] [Original]

>Go to a party yesterday
>Friend of mine has birthday
>Sit down people talk about what they do
>Most of them have incredible boring jobs in my opinion
>Shit with marketing , social "engeneering" etc
>Somehow we start talking about Cryptos
>The one guy who studied binance say its tulip mania
>I counter and say how can a 80 billion dollar undustry be a tulip mania if the ammount of cash circulating is so small it doesnt even represent 30% of the stock volume of Apple?
>LOOK AT THE CHARTS OF NASDAQ BEFORE THE DOTCOM BUBBLE
>The Ditcom bubble had 2 billion volume and everybody from old to young invested their money into fucking companies that had no real value because nobody know what the internet could do
>Lol same with cryptos
>I can actually buy things with cryptos
>Did you ever pay with Cryptos in real life? how can anybod accept crypto if you didnt pay anthing in it? Its only local
>Did you ever pay in chinese Renminbi? No me neither and yet you accept it as real currency despite the fact you can only use it locally
>Starts ranting that people like me will lose all my money and he as an investment adviser has much more knowledge
>mfw

Do you guys have similar /biz/ stories

>> No.3787866

>>3787834
Yea kinda, but after mr investment genius finishes his rant I take out my car keys and ask him what kind of automobile he, the educated investor owns.

>mfw not lambo yet
>mfw my car is a 30y old Honda civic

>> No.3787871

he's right tho.

>> No.3787884

He's right though.

You might make lots of money obviously but you'll need to time your exit well.

>> No.3787885

I tell all my normie friends that crypto is a bubble.
Fuck normies.

>> No.3787905

>>3787834

Well, he is right. It is a lot like the dotcom bubble. Many, if not most of the coins that people are putting money into are useless shitcoins without any working product and no realistic future prospects. But just like with some of the companies of the dotcom bubble, many cryptos will emerge absolutely triumphant from the bloodbath that is about to ensue.

>> No.3787923

I bought a VPN with my NAV coin

>> No.3787940
File: 13 KB, 225x211, 1488327626352.jpg [View same] [iqdb] [saucenao] [google]
3787940

Crypto made me the man I am today

>> No.3787984

>>3787905
People have been screaming crypto is in a bubble since 2011. Saying it now is not any more true then saying it back then.

>> No.3788030

>>3787834
>2 retards can predict future

One of you will be right

>> No.3788036

>Did you ever pay with Cryptos in real life? how can anybod accept crypto if you didnt pay anthing in it? Its only local

Fucking retarded, the first adopters of Blockchain technology will be financial services and the like, not retail. Even Logistics will be using blockchain technology before fucking retail.

OP you cant convince people or help them sometimes, you could even show them your 800% ROI and they still will "believe" that crypto is going to explode and die any minute now just because.

>> No.3788039

>>3787905
This. dotcom bubble = today's shitcoins. The same can't be said about Bitcoin tho

>> No.3788099

>le dotcom bubble
>implying the biggest companies in the world today didn't come out of the wreckage
just hope you're in the Google or Amazon of crypto

>> No.3788150

>>3787905
by that reasoning BTC is doomed to failure as well since it has no product or future besides being a store-of-value coin that happened to be first-to-market and earn the brand recognition

>> No.3788156

>>3788099
google didn't ipo until well after the dot-com bubble

>> No.3788171

>>3788099
99% of these pussies will fold on it anyway

Stupid fucks like >>3787834 literally believe they have transcended human kind. >>3788036
>you could even show them
>euphoria

>> No.3788176

>>3788156
ok then just find the Amazon of crypto

>> No.3788179

>>3787866
kek

>> No.3788195

>>3788176
amazon lost 75% of its market share when dot com popped

>> No.3788208

>>3788195
err share price

>> No.3788217

>>3787834
At that point you say you’ve already 10x you initial investment and cashed out your starting money and letting the rest ride

then whip out your blockfolio, give it a refresh and everyone starts clapping

>> No.3788227

I have a hard time deciphering what are you opinions and what are the opinion of the guys you opposed

>> No.3788236

>>3788217
Fucking this, man.

>> No.3788241

>>3788195
>lost 75% of its market share
>implying that matters now
yeah I bet those people back in 2001 are really kicking themselves for holding onto Amazon

>> No.3788255

>>3787834
>started my crypto journey in 2013 after the first bubble
>fast forward to last month
>break the 21 bitcoin mark
>celebrate by giving some biz anons some btc
>want to start playing in the big boys league
>take a class at a local college for stock market investing basics
>first day of a class, a student (not me) to my surprise asks the professor about what kind of asset class bitcoin is
>the professor responds by saying bitcoin is just a tulip bubble
>he literally mentions that Jamie Dimon thinks it's a scam as a talking point
>no reference to the technology
>I don't say anything...
>but an opportunity arises
>the class plays a semester long game where each student gets to pick one stock
>the professor then tracks all these stocks as a class portfolio and reports on the results/changes each week
>normies pick things like TESLA and SNAP, which have tanked 5% since the start of class one
>I pick Bitcoin Investment Trust (GBTC), the stock that tracks the bitcoin price
>the professor says "thats a new one"
>this was literally the week when CHINA BANS BITCOIN happened, and we were in a huge dip
>next week, GBTC is up 20%
>I'm expecting the professor to eat his own shit at this point in front of the class to make amends
>instead he pulls some bullshit where he says he wasn't able to find my stock, so couldn't add it to the portfolio
cont...

>> No.3788256

>>3787834

My brother keeps telling me to sell half of my cryptos with no explanation why.... He's obviously jelly af

>> No.3788269

>>3788241
You don't get it, price dumped, a lot of faggots bailed, a lot of faggots were not buying the dip, same will happen here, they talk smack on green but the shit goes red and they run for the fucking hills

>> No.3788292

>>3788255
>I calmly let him know what the ticker symbol was again GBTC, "oh i thought it was EBTC"
>Next week, class three, i enter the class room, make eye contact with the professor and nod at him, he looks down in shame without acknowledging me.
>have my notes all prepared to call this guy out
>25% increase for GBTC since week 1
>first in the class
>second place is only up 15%
>no doubt
>the professor bites the bullet and as casually as possible mentions that bitcoin is in first, up 25%
>next week, he has to do the same thing
>he then asks who picked the bitcoin stock, as if he doesn't know.
>I raise my hand, still doesn't see me
>say "over here"
>sees me and says, "well lets see if it keeps up"
>I just grin, showing my teeth

I'm not larping either, this all fucking happened exactly as i described it, and looking back at it, its the strangest meme magic bullshit stereotypical boomer vs millennial bitcoin story in real life thing I thought only happened in movies. strange world.

>> No.3788304

>>3788269
ok so the people who HODL for a long time will make money. Putting all of your money into investing is a dumb idea anyway

>> No.3788332

>>3788255

Same here. I had one binance class i did for fun to get some extra points.
The Prof was a guy around 50 started talking how important this class is and that these guys run the world.
Looking around ( i was the only engeneering student ) i saw how proud they were to fucking study this shit.
At the end he asked us what the next big thing would be .
We should write it on a paper and then give it to him Anonymously.
I swear to god most people said some shit about Tesla, SpaceX and fucking Google Glasses.
I wrote Blockchain technology aka Cryptocurrency.
He read it and some people started laughing.

At this moment i realized that the reason these people hate cryptos because they cant grasp the concept or they dont know any "higher ups" that said good things about it

>> No.3788362

>>3788332
Normies do not know one fucking thing about blockchain technology, they view bitcoin as a stock.

>> No.3788377

>>3787834
i've had one crypto conversation 5 years ago and since then i have never talked about it in real life. i don't think it is worth it. you are trying to convince people about something they don't understand and can't comprehend.

i just don't feel it is worthwhile. best i would offer is a "yeah it is quite interesting to read about". this has the additional benefit of not letting people know that you are involved and (in theory) making money.

>> No.3788381

>>3788362
Good. Fuck normies, let them stay poor as we accumulate more bitcoins.

>> No.3788387

>>3788304
People who are either stupid enough / lucky enough to HODL the right crypto might make out with a fortune. We all place our bets and we fucken see. What bothers me about /biz now is the fucking circle jerk over a bit of luck.

See the faggot who thinks he has one over his professor, that boomer merely needs to ask anon why to shut his ass down in front of the whole squadron.

Yes there's gold in these hills, dicks out of hands and find it though plz faggots

>> No.3788423

>>3788332
This makes me happy. I'll sell them my bags for a 100,000% premium.

>> No.3788436

>>3788292
all you did was time the dip anon, exactly as you said. good job m8080808080 wow pat yourself on the back

>> No.3788483

>>3787834
Your friend is smart, you are the dumb laggard bubble sheeple faggot bagholder loser normie tard

>> No.3788489

>>3787834
>Go register a company for my ICO.
>Lawyer says "aaah, the new tulip mania, good luck explaining the millions to the bank"
No I won't tell you which ICO fags

>> No.3788536

>>3788436
It's not about him being an investment genius. It's about people who are closed minded being forced to acknowledge something they don't want to.

>> No.3788551

>>3788489
perkins coie

>> No.3788557

>>3788489
>register company
>lawyer

got the last of em drop the fucking tard net chad

>> No.3788594

for most normies the only 'investment' they have is a mortgage, many of my parents boomer friends are unwilling to directly invest their money on the stock market, FUD works extremely well on these people, women especially have a low risk tolerance

don't expect to convince people to buy or support crypto, only thing I've found that works is show the price to someone, then show it a few months later after it's gone up a bit

>> No.3788607

>convince normie friends to buy crypto
>one is sitting on heavy DNT and ZRX bags because she was "too busy" to sell
>another immediately got locked out binance because he forgot his password and couldn't figure out how to send from "mycoinwallet"
>another has been too busy wagecucking and going to shows to sit down and use the eth he bought to buy link. it's gone up twenty cents since he bought
Normies are absolutely insufferable and I have no pity for them.

>> No.3788627

>>3787834
Just a quick daily reminder that tulip mania never actually happened and is in fact a PsyOp fabrication designed to cause the people you were talking to about cryptos yesterday to miss out on what will come to be known as the greatest money grab in history.

Some wounds never heal and missing out on such a massive financial shift because people allow themselves to be lied to will be a great tragedy.

>> No.3788648

>>3787905
This is truth. Except we don't know for sure when the bloodbath will be. Could be years.

>> No.3788701
File: 21 KB, 479x326, cheeckylilgrinchamp.jpg [View same] [iqdb] [saucenao] [google]
3788701

>>3788292
>>I just grin, showing my teeth

Like this, anon ?

>> No.3788735

>>3788701
exactly like that, less hair though

>> No.3788749
File: 89 KB, 1300x955, businessman-pointing-gun-to-computer-overwork-overtime-work-concept-young-attractive-european-working-stress-office-desk-47140742.jpg [View same] [iqdb] [saucenao] [google]
3788749

>>3787834
>Go to a party yesterday
fuck off chad

>> No.3788764
File: 115 KB, 620x1004, 4L_J4xzkgbq.jpg [View same] [iqdb] [saucenao] [google]
3788764

>>3788749
>slice hand and lose eye

>> No.3788864

>>3787834
>>3788377
No you can't convince people because you chucklefucks don't understand it beyond 'duh look its going up'
When it crashes I hope you neck yourselves.

>> No.3788875

>>3788764
kek at that pic.

>> No.3788883

OP you're a normie too.

If in any social enviroement you say something different than "Bitcoin and cryptocurrencies are a scam and a bubble", you're a faggot.

>> No.3788974

>>3787885
This.

>> No.3789030
File: 22 KB, 640x360, CwS1Kp4_d.jpg [View same] [iqdb] [saucenao] [google]
3789030

>>3788387
I wasn't around during the dot com bubble but it's fucking obvious that Monero is the gold among all this shit. What's funny/astounding is how many people ignore it and chase the trash. I imagine the same thing happened during the dot com era. Normie retards went after obvious crap but an intelligent man might have been able to see that Amazon was different. In hindsight all the dumbasses have to nurse their ego by saying no one could know and it was all luck. Nah fuck you. If you're not rich in 20 years it's because you're retarded.

>> No.3789140

>>3789030
Fucking this.

Shitcoins are good for now, make money on them, convert to BTC and hold, but now of them will be around in 5 years. Bitcoin will, Ethereum probably, but Monero definitely.

>> No.3789141
File: 157 KB, 1296x1070, stock-market-crash-1929.jpg [View same] [iqdb] [saucenao] [google]
3789141

Crypto has more in common with the bull market leading up to the stock market crash of 1929. There was little regulation, pump and dump schemes rampant, insider trading, companies would float subsidiaries that had no real business behind them. Similar to the endless ICO and coin forks going on.

The big difference obviously is that everyone was buying on margin and I doubt many people are doing that with internet meme coins.

>> No.3789162

>>3788764
>try to reset my clock one more time cmos I fucking dare you

>> No.3789394

>>3787866
kek

>> No.3789411

>>3788030
"two men say they're Jesus
WELL, one of em must be wrong "

>> No.3789431

>>3787905
This. The winners of the dotcom bubble were the likes of google and microsoft. Same with crypto some will come out of the bubble and be huge

>> No.3789432

My only question is that if one crypto comes out on top won't the value go down? Like how can people start normalizing a currency but it still has an inflated value like it's an asset.

>> No.3789445

>go to party
>a girl asks how my bit coins money are going
>I say they're ok, some moons, some pink wojaks
>people laugh awkwardly
>Chad who works in finance tells me to be careful because of the SEC and potential Bitcoin bubble
>I say Bitcoin is here to stay, plenty of people have said it was going to die and it's still fine
>He says"you sound like the kind of guy who would have invested your life savings into tulips"
>everyone laughs

>> No.3789473
File: 1.87 MB, 426x234, 1472753055053.gif [View same] [iqdb] [saucenao] [google]
3789473

>>3787834
It is tulip mania though, except tulips actually grow into flowers that people want. Cryptos, not so much in the way of actual value. While you can buy drugs with them, they're never going to see widespread adoption for anything useful until the international bankers have their dried out old Jewish hands firmly around them.

Fiat money is valuable because a government says that they guarantee its value. Bitcoin is valuable because people want to buy them to make money out of them. The only people who hold bitcoin for purposes other than pure speculation, or the buying of illegal goods, are the ones that are technologically savvy enough to have started mining them back when you could just use your GPU. After it left that stage, and normies like yourself got into it and its value has become purely based on speculation on it value, and that's all it'll ever really be.

TL;DR: Tulips exist, cryptocurrencies don't. Nothing guarantees crypto value, like with regular fiat.

PS. Quantum computing.

>>3788256
When it crashes, you won't be able to sell until it bottoms out and is worth nothing at all. It's better to sell some off when it's doing good, and let the rest run with it, than keep it all hoping for the biggest payday possible just because you were too full of yourself to secure your assets properly. If you don't care about losing all of your money, by all means, keep it all in.

>>3788594
>A few months later after it's gone up a bit
>A few months later
You could get the same gains from options and futures, risking basically nothing at all long-term, although it takes some capital to begin with. Or go super-volatile if you have low capital and do forex/leveraged index trading. Reputable brokers even offer binary trading now, you just have to click "up" "down" a few times a day (terrible risk:reward ratio, but the relative predictability of it compensates for some of that).

>>3788864
Everyone's an expert in a bull market.

inb4
>It won't happen to me xD

>> No.3789482

>>3788627
this

>> No.3789517

>>3789473
>>>3787834 (OP)
>It is tulip mania though, except tulips actually grow into flowers that people want.


ONLY FAGGOTS LIKE YOU WANT TULIPS AND ALSO :

IT NEVER HAPPENED

>IT NEVER HAPPENED

IT NEVER HAPPENED

>IT NEVER HAPPENED

IT NEVER HAPPENED

>IT NEVER HAPPENED

IT NEVER HAPPENED

>IT NEVER HAPPENED

IT NEVER HAPPENED

>IT NEVER HAPPENED

IT NEVER HAPPENED

>IT NEVER HAPPENED

https://www.smithsonianmag.com/history/there-never-was-real-tulip-fever-180964915/


of yourself you fucking mongoloid

>> No.3789519

>>3789445
Honestly I wish I didn't tell people I was into this shit because it's lose-lose. Bitcoin dies and I look like an idiot. Bitcoin moons and then people start treating you differently, looking for handouts, advice and probably outright robbing you. Fuck.

>> No.3789548

>>3789519

this

>> No.3789712

There is only one rule:
Never tell boomers about crypto.

Let them eat the fiat collapse that they created and richly deserve.
We have a way out that WE deserve. DO NOT give it to THEM.

>> No.3789781

>>3789712

God bless

>> No.3789840
File: 306 KB, 1000x1001, 1507160281430.png [View same] [iqdb] [saucenao] [google]
3789840

>>3789517
Ah, all the impotent rage of some bag holding american mutt. How satisfying.

It doesn't matter if it happened or not. However:
>That’s not to say that everything about the story is wrong; merchants really did engage in a frantic tulip trade, and they paid incredibly high prices for some bulbs. And when a number of buyers announced they couldn’t pay the high price previously agreed upon, the market did fall apart [..]
In other words, there was an overvalued market, it peaked, crashed, and people were left holding useless assets that would've been worth loads of money just a while before.

In either case, the point is the moral of the story. You're holding tulips, and you're saying "Look guys, I'm a millionaire, I can sell my whole field tomorrow and retire!". However, what you don't realize is that if it crashes, you can't. All of your tulips, all of your cryptocoins, worthless. They're tokens that hold a value only on exchange. They're not guaranteed to be exchanged anywhere. There isn't a central entity that says "We'll guarantee that you can make use of these bank notes", there's nothing at all. It's purely speculative, and purely on the idea that there are other currencies outside of crypto that are worth something, that you can exchange your tokens for.

The case makes itself, really. You won't say "I have X of bitcoins". You'll say "I have £/$/€ in bitcoins". It has no value until you exchange it, because it's only a token with a relative (not guaranteed or fixed) value.

>> No.3789842

>>3789712
You need boomers to buy in to have someone to sell your bags tho

>> No.3789935

>>3789712
I like the way you think!

>> No.3789944

>>3787834
i for myself try not to bring up cryptos as a topic anymore

most people dont understand it and even less are genuinely interested in it (those would be the ones i would like to talk about crypto)

before i realised it isnt worth bringing up almost every conversation ended either in people being jelly or some very light and boring discussions about it

and not to forget there are those TA fags. i think they are actually the worst kind to talk to. most of them dont have any basics in finance or tech but are going full retard in TA. listening to them is like listening to a geometry instroduction class on repeat while half of the stuff they are saying is some TA lingus that is supposed to sound fancy and smart allthough it really is not.

so my advice is. keep your crypto stuff to yourself. be happy about having a nice niche hobby which might make you rich. and if it does make you rich its even nicer when nobody ever knew you were involved. minds will be blown

>> No.3789972

>>3787834
I'd never talk to someone like that about crypto. That person probably has a lot of debt and is mad they missed out, as well as not being a critical thinker in general, and likely is miserable. They don't know shit about it, they've basically listened to an 8 minute FT podcast and will continue to slowly descend into hell until they become like travel agents.

>> No.3790029

>>3789944
This. Before people didn't care so I wouldn't bother trying to talk about it. Now there are people that want to talk about it but the conversations are completely retarded and I try to escape as quickly as possible. Just waiting for a big crash so I can tell them I sold the dip and am completely out with a small loss.

>> No.3790119
File: 287 KB, 480x480, jmF1uys.png [View same] [iqdb] [saucenao] [google]
3790119

>>3789840

>Ah, all the impotent rage of some bag holding american mutt. How satisfying.

you don't know satisfying until you look at my blockfolio

Okay faggot. can you send me .03322 tulip from anywhere in the world, cheap, anytime of day? didn't think so.

the blockchain backed by proof-of-work (Ethereum + erc20s, bitcoin, monero, Zcash, etc) is the only immutable database in human history? DO YOU UNDERSTAND? keep thinking it has no value and its tulip. I'd rather have a 5 week old dead tulip than your brain.

keep calling it a bubble. DO YOU UNDERSTAND THAT THE BIGGEST COMPANIES IN THE WORLD RIGHT NOW CAME OUT OF THE DOTCOM BUBBLE

>apple

>google

>yahoo

>oracle

>microsoft

>Cisco

>Juniper

>Netflix


comparing crypto to tulips is like comparing your grandma to a black 17 inch dildo.

>> No.3790123
File: 15 KB, 604x483, 3e76bc8e39c4198d574bf373a8dcb1ec--favorite-movie-quotes-favorite-things.jpg [View same] [iqdb] [saucenao] [google]
3790123

>>3789935

>> No.3790469
File: 3.99 MB, 459x258, 1507345527921.gif [View same] [iqdb] [saucenao] [google]
3790469

>>3790119
>T_D plebbit scum
You have to go back.

https://www.reddit.com/user/DrewChambersDC
>Seven-Year Club

I bet they don't even comp you for your pepe-making over there (the quality of it is shit, by the way). Fucking casual, I'm out.

>> No.3790513

>>3787984
That is because there is along way to go until the bubble "pops", the dotcom market cap at its peak was at $3 trillion before it popped whereas the current cryptocurrency market cap is at a measly $152 billion, until we reach the trillions there is no reason to worry yet.
Source:
http://money.cnn.com/2000/11/09/technology/overview/
https://coinmarketcap.com/

>> No.3790543

>>3788292
haha nice. I love when things like this happen in real life. Everyone doubts the impossible until they are confronted with it and have no where to run. fuck him.

>> No.3790561

>>3788332
god damn, I cant wait to rub in all my millions.

>> No.3790578

You keep it simple OP. You don't talk about crypto (or anything else) when you're around people like that, even if they bring it up. You just let it go and don't let yourself get sucked into the conversation, even if you know way more about it than they do.

They can't control their compulsive need to give their opinion about everything the see and hear going on around them. Don't copy they're behavior by doing the same thing back to them.

>> No.3790614

>>3787984
Are you retarded?

It WAS a bubble in 2011. Now it is a way bigger bubble. That's the thing about bubbles, they GROW (until the day they pop).

>> No.3790637

I've bought so much shit with crypto.

People really won't get it till I'm its 30k a bitcoin.

>> No.3790657

>>3790513
Why do you think it has to reach trillions to pop senpai?

>> No.3790680

Meanwhile.... BTC is pushing $4600.... AGAIN.

Literally anyone fudding here either:
1. Doesn't understand blockchain tech.
2. Want to keep the price low so they can buy more BTC/LTC/ETH with their McDonald's paycheck before the price goes up any higher.

Stay poor, nocoiners.

>> No.3790701

>>3787834

I dont have similar stories bc I've learned normies will be Normies and they are all about that fiat

>> No.3790907

>>3789411
except >>3788030 and his friend said two different things so in this case one of them has to b

>> No.3790953

Well we all know that crypto is a bubble. That's why we are in it. Bubbles are great for profits, the earlier you get in and the more you accumulate with the expansion of the said bubble the wealthier you will get out of it.
It's that easy.
Crypto HAS some real world value. But not in its current shape.

And fuck no - apple, microsoft, cisco were not a part of the dotcom bubble. WTF?!

Also asking your professors about crypto almost makes no sense. Crypto will shatter a lot of what we think we know about finance. So why would you ask a person that's already set in his/hers ways to tell you about something brand new and something that has not been tested yet?
If you are going all in in crypto and you have no exit strategy - you are an idiot. You might get lucky and win, but it's not the smart thing to do, because its gambling.
That's coming from a poorfag, that's been mining ETH since the beginning and selling 50% of it for 10usd/eth :)
Now currently holding 1300ETH, 19BTC, 800 XMR, 20k OMG, 3k NEO and some shitcoins. And if you think I haven't been selling this shit on regular basis you must be crazy. Fiat is still king.

>> No.3791055

>>3789030

Just got twenty Monero instead of a new beater. We'll see what the future holds

>> No.3791078

I hide my power level, I don't want to deal with explaining it to faggots like the faggot in OP's story.

If it goes well, I'll make a good chunk of money. I've already held for 7 months.

>> No.3791082

>>3790953
Bullshit.
Prove it.

BTC:
14H6tAaYt3thQmQZ9QVu6ZkjBcgvn2ojGG

>> No.3791144

>debating with people
that's where you fucked up

sometimes it's inevitable but you should make an effort to avoid these kinds of events

>> No.3791181

>>3787866
kek

>> No.3791295

>>3791144
In all reality, this is the truth. Most normies will only justify their position even more when put on the defensive, whether their viewpoint is right or not. Even if shown proof and logical information, the emotion of being wrong literally prevents them from actually processing the information and seeing it for what it is.


You can't ever force someone to change, they have to want to change themselves. Same thing applies to mindsets and beliefs. It's fucking stupid and it's only the non critical thinkers that aren't open minded. Some people are literally too dumb to see the truth. Someone has to buy our bags at 10x though...why not them

>> No.3791390

>>3791082
Do I sound immature enough to need to prove myself to a random anon on /biz ?
Sorry If I come up like that ...
Also : If you want crypto to survive and be the new paradigm - start services that require crypto. Use ecommerce with crypto. Sell stuff with crypto. Supply and demand :)

>> No.3791680

I remember when I called Bitcoin the tulip scam..

> In 2011

> when it was around $11

then I heard about ETH when it was $11...

I didn't miss out, thank fucking God

>> No.3791810
File: 46 KB, 500x322, life after bitcoin cash.jpg [View same] [iqdb] [saucenao] [google]
3791810

>>3787940
same

>> No.3791926

>>3791680
How did you know it would moon so much ? I thought it would go to 20-30$ at most. I still beat myself thinking that I sold more than 30k Eth for 10$ a piece ...But hey selling at a win is always better!

>> No.3791958

what i'm wondering is what it means to work in social engineering

>> No.3792003

>>3791680
>read about buttcoin mining on /g/ back in 2011
>sounds kind of stupid but i'm not doing anything else with my computer at night
>leave it hashing one night
>computer made my room hot so i never did it again
T-totally worth the restful sleep am I right guys?

>> No.3792004

>>3787905
Bitcoin will obviously be fine and all the rest will die. Anyone can see that.

>> No.3792054

>>3788150
Brand recognition is ALL McDonalds had when ir started .

>> No.3792166

A nocoiner friend of mine thinks the cryptobubble is going to pop once the housing market crashes because it's basically thin air according to him.

I think it will take a hit, sure, but like always will just recover, BTC is just too big to fail atm and the underlying technology will always be relevant.

>>3791680
So did I, but I did miss out :_:

>> No.3792167

>>3790469

WTF is that you idiot? thats your reply? sending me some reddit fag? nice argument. God you're an idiot. How do you even make it through the day?

>> No.3792190

>>3790614
>Are you retarded?
>It WAS a bubble in 2011. Now it is a way bigger bubble. That's the thing about bubbles, they GROW (until the day they pop).

and then amazons and Microsofts and googles come out of them. Stay poor anon! stay poor. faggot!

>> No.3792198

>>3787885
topkek, same. Its a scam, you can lose all your money overnight. Even when I hit the milli I still wont tell them, I'll tell them I invested in stocks or smthing dumb

>> No.3792232

>>3787834
It is and it isn't. There will be a lot of people that will lose a lot of money on some stage. Atm there is 100+ coins available. Eventually the market will drop a lot of them and a handful will be kept. Who ever bet on the right coin will lambo the rest will hold bags till the end.

>> No.3792240

>>3790119
eth isnt immutable etc is.

>> No.3792257

>>3787834
Just shrug your shoulders and in five years time ask him how things went.

>> No.3792290

>>3792232
lots of people have already lost a bunch of money since the alt-coin boom is over for now imo. Tons of the big alts that made people 10-50x in May June July have almost done a full retrace now... now its basically a handful of shitcoins and one or two icos a month that pump like mad. Alts will continue to bleed though so it's only going to get worse for these vaporware coins.

>> No.3792320
File: 204 KB, 880x921, 1131ff6e3edc0e.jpg [View same] [iqdb] [saucenao] [google]
3792320

>>3788292
>strangest meme magic bullshit stereotypical boomer
lol

>> No.3792365

>>3790029
this. i already told everyone who knew i was into crypto that i am out with a small loss after "the big crash", that i wasted a lot of time with something that has no intrinsic value, and now i only buy VOO and BND like warren buffett recommends.

>> No.3792452

>>3791958
sheep herding, basically

>> No.3792503
File: 150 KB, 1102x858, AAAAHitsgoingtoPOP.png [View same] [iqdb] [saucenao] [google]
3792503

shiiiet guis look at the GDP per capita growth!!1!
WE're in a bbubbbble!

>> No.3792547

>>3787866
kek

>> No.3792567

>>3792503
probably, dark ages returning in a century or two

>> No.3792592

>>3792240
chainsplits kind of make the mutability concept irrelevant.

>> No.3792679
File: 207 KB, 2400x1601, 1502144919764.png [View same] [iqdb] [saucenao] [google]
3792679

He's right though.

>> No.3792893

>>3787866
lold irl

>> No.3793451

I don't discuss crypto with anyone. Fuck 'em.

>> No.3793490
File: 2.96 MB, 271x261, 1437438529660.gif [View same] [iqdb] [saucenao] [google]
3793490

>>3787834
crowd was too loud

>> No.3793649

>>3787866
kekkity kek