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

/biz/ - Business & Finance

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49594135 No.49594135 [Reply] [Original]

I just bought 800k Jasmy at .00935 in hopes that it will reach .0125 again

How fucked am I bros?

>> No.49594661

>>49594135
.005 next week

Rip

>> No.49595194

>>49594135
ngmi

>> No.49595603

>>49594661
>>49595194
bros....

>> No.49595631

>>49594135
F

>> No.49595797

>>49595603
Don't worry, I bought some today as well, so I'll commit sudoku with you.

I want more financial pain, it's the only thing that makes me feel. Just fuck my shit up Hara-san.

>> No.49595949

>>49595797
I figured it might be an easy way to make a quick buck, but I might just be diving headfirst into a world of suffering

>> No.49597412

>>49595949
Nah, look at the macroeconomic situation, we're about to get fucking murdered for like 2-3 years, possibly longer depending on the severity of this recession. Jasmy legitimately was a good idea in terms of usecase (with the exception of it being Ethereum-based), but it's very doubtful that it'll survive a lean market where companies are focused on survival, rather than adopting new tech.

Of course, this even before considering how the crypto regulation stuff will influence things in 2023. Next January the defi clampdown shit that got passed in the Build Back Better legislation will go into effect. Centralized exchanges like Coinbase become regulated banks (Fed has more control), decentralized exchanges have to implement KYC, which is impossible and will kill defi.

>> No.49597452

>>49597412
*this is

>> No.49597477
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49597477

>>49594135

LoL

USDD depegging now and DAI depegging I'm the next day or so.

Prepare your anus.

>> No.49597807

>>49597477
oh hell yea just sneed me bro