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

/biz/ - Business & Finance


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49667802 No.49667802 [Reply] [Original]

And i don't care about % erased when BTC was a microcap and alts were vaporwares

>> No.49668089

Well, duh.
The money printer ran nonstop from 2008 to 2022 and then stopped.
Do you understand?
Music's over. It's dead silent. Gone.

>> No.49668208

>>49668089
We know you’re making the money printer point even though Bitcoin was created in response to that.

>> No.49668212

>>49668089
Crypto is 700B market, Why would you need money printer to maintain it? It doesn't make sense especially considering current dump in driven by whales

In reality there's x200 more money in equity market, It needs maintenance, Crypto just need a small narrative shift to move money from certain assets to the other. Problem is that BTC narrative is getting destroyed at the moment deliberately, Unironically in times like this ETH/Whatever dominance L1 would've been a better face for this space considering they aren't relying on a single narrative (le store of value)

>> No.49668233

>>49668089
>>49668212
I'm thinking that we will witness a similar pump after this crash, than the covid crash one.

>> No.49668235

>>49668212
By "deliberately" i mean that some group of whales intentionally strengthen the correlation between equities and crypto in order to drag crypto down with it for all the wrong reasons

>> No.49668240
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49668240

>>49667802
>alts were vaporwares
>were

>> No.49668283

>>49668240
I can tell you weren't here in 2017-2019, There was no infrastructure, Only broken dream.

SC use cases started exploding around mid 2020 and only increased from there, This space actually provide unique features that can't be done anywhere else and the path for the future look bright.

>> No.49668406

>>49668283
>use case
Such as?

>> No.49668478

>>49668208
It became a part of what it once opposed

>> No.49668694

>>49668406
the line goes up, bro

>> No.49668773

>>49668406
u can liquidate degens on chain

>> No.49669214

>>49668773
Delicious.