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/biz/ - Business & Finance


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55378318 No.55378318 [Reply] [Original]

It's rarely spoken about here... if at all, but is in every "Am I going to make it?" stack.

>> No.55378321

Google of the blockchain

>> No.55378331

>>55378318
/biz/ dumped their bags on wsb newfags at $2.00+ in early 2021. You guys have been holding it and making daily generals for 2 years for reasons that defy explanation.

>> No.55378343

>>55378331

What are you holding/think worth's holding now? Honestly.

>> No.55378366
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55378366

gud token pls buy sers

>> No.55378375

>>55378321
Google is dead though. AI killed search

>> No.55378382

honestly tho it's a good play for the reason alone that it's one of the few mid-tier blue chips in the top 50 that has the AI tag tied to it on CMC

>> No.55378401

>>55378343
Right now? Cash. If you want a serious conversation, you need to acknowledge that every run is a new set of products 100% driven by hype. When btc starts moving for real again, the entire landscape will have changed. Nothing will Eben hit 75% of ath in sats. The kids will pump a completely new skate of dogshit tokens, and believing in tech is a fucking meme that convinces newfags to buy and hold bags while the sophisticated bleed the liquidity back into btc and hard assets.

Are you ready to admit this, or are you going live in a world of delusional confirmation bias where I'm a jeet being paid to fud your busted out shit token, because that makes more sense/ feels better than admitting you were wrong about how crypto really works?

>> No.55378425

>>55378401
quit being a salty salty

>> No.55378426

>>55378401

You have a totally fair enough and well written point. Thank you for getting back to me.

>> No.55378429

>>55378425
or *salty sally, rather

but salty salty sounds good too

>> No.55378453

>>55378331
Daily GRT generals? What /biz/ have you been browsing? There's been few threads that barely ever get any reply besides a couple "it's over", with even WEEKS passing without a single mention of GRT.

>> No.55378461

>>55378453

Yeah, you have a point as well... which is the one I was trying to ask about when I made this thread. There's no daily thread posted, which is I brought up that I noticed it's in a lot of people's stacks here without a daily thread.

>> No.55378465

>>55378425
I sold at $2.35 with an average entry of $.17. I'm not even remotely salty. I could've ignored this thread entirely, like I've ignored almost all grt generals since I literally op'd the first one. Figured since I'm up with severe tooth pain, I'd do something on this board beside troll for lulz and imagine the smell post.

Take it or leave it. I will say this. Anyone intelligent enough to move money around on eth mainnet is intelligent enough to pull up EVERY altcoin chart, max view in sats, and see an identical pattern. One run and done.

Exception: Doge. But it's not every day that the world's richest man saves himself from the total bankrupting wipeout of a btc blowoff top by channeling an entire generation of broccoli heads into a meme instead of bitcoin.

>> No.55378475

>>55378465

When will you know it's a real run... do you believe in the post halvening pump, as in we won't have a real run until the end of next year, so I shouldn't bother until then? I really appreciate your reply's, sorry your tooth's fucked.

>> No.55378481

>>55378465
>Anyone intelligent enough
Caveat... most of /biz/ is intelligent enough, but you can make yourself see things that aren't there, and refuse to see things that definitely are. Leave your ego at the door. Buying a bad bag doesn't define you. Take profits. Cut losses. Holding dogshit forever, like some sort of fucked up protest, and pretending the world is wrong and too stupid to see what you see ain't going to get you where you want to be.

>> No.55378490

>>55378475
Cz said it best just yesterday, and he's got his finger on the pulse better than me. There's no way of knowing when it starts or what kicks it off. He was implying that the tradfi endorsement of btc is starting this run. I'm a bit skeptical. If everyone thinks something is going to happen, it usually doesn't, or at least doesn't the way it was expected.

>> No.55378526

>>55378490

Yeah, in regards to his TradFi comment, we've always had banks and businesses off and on accepting crypto, with even Coinbase going public (which didn't really help the bullrun at all, it was pretty much at the end of it).

>> No.55378556
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55378556

>>55378465
>I sold at $2.35 with an average entry of $.17

so what... have been over this many times before whenever some Mr. smartass "I sold at $2" like you comes along: so did I... I bought way back in late Dec 2020/early Jan 2021... sold at $2... bought again at the low few months mid 2021... sold late 2021... bought again at the super low in late 2022 and now have a super massive girthy GRT stack

you're not as smart as you think are

>> No.55378580

>>55378461
Because those who know what GRT does keep stacking it, betting on it to have an eternal source of passive income via delegation. Shilling it does not help, as it would just mean that retards would buy bags only to dump them at a higher price, meaning less accumulation and decreased passive income due to the higher price.
So why create threads about it, nevermind spoonfeeding /biz/?
Personally, I've been fudding people out of their bags, and for good reason. >>55378401 was not wrong, it's very likely GRT won't hit ATH ever again due to the massive sell pressure of indexers, so if you want returns in the form of number going up, there are far better coins to invest in.

>> No.55378582

>>55378556
You skip the part about pulling up every alt chart in sats max view, and not deluding yourself into seeing things that aren't there/ not seeing things that are just too protect your own ego?

>> No.55378583

>>55378556
>>55378465
I don't fault you though. The advice you're giving is not altogether terrible, you're being realistic... I get it. I'll dump this shit when I get some decent profit. Tbh I'm not sure there can be that many idealistic moonboys hodling to the moon types left at this point... people surely must be pretty jaded by now, lol.

>> No.55378586

>>55378318
It got released on every exchange overnight and /biz/ was all over it. Hype pumped it from 10c to $3 and you either sold or are stuck holding.

>> No.55378610

>>55378580

What would be, in your opinion, better coins to invest in? What are you holding, thanks.

>> No.55378667

>>55378610

Don't leave me hanging.

>> No.55378684

>>55378610
Mostly GRT, rest is BTC, ETH and XMR, with some PRQ for good measure and some ICP, MATIC, BNB and AVAX to have some chips to throw in the shitcoin casino.
I really can't suggest you "better" coins to invest in, I've been only stacking GRT as it's a pretty safe bet in the long term, but that's about it.
As I said, if you want better returns you can bet on shitcoins like BITCOIN, stick dog and NFTs, but they come and go daily and I dare not to consider them "investments". It's gambling.

>> No.55378756
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55378756

1UCK be the casino house yourself.

Seriously tho, I think these gambling coins will be a trend in this bullrun.

1UCK is The OG

>> No.55378759

there is no money in indexing and the tokenomics are shit, it will go to zero

>> No.55378771

>>55378318
bought the absolute god candle @0.05, slurped some @0.09 - 0.1 last week. comfy delegating on arbitrum

>> No.55378795

>>55378759
This is the type of shit that completely discredits people like myself from coming with reasonable perspectives...

Coming in, guns blazing with hyperbolic bearish extremes that push the poor baggies deeper into their "Bulgarians are out to get me" persecution cults.

1) zero isn't even possible due to how liquidity pools work
2) there's plenty of money to be made indexing, but as always, token not needed and the tech is open-source and forkable/ easily reverse engineered by in-house staff if expedient
3) performance in crypto is nearly completely divorced from real world investing concepts like revenue, profit, and moat. It operates entirely on speculative hype, as gamblers jump from shiny thing to shiny thing. The only way to guaranteed stay winning is otc seed round buys that are generally 1/100th of uniswap idos and even better roi's by the time shit hits a cex.

>> No.55378844
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55378844

>>55378401
See you're all mad about this but that is how crypto works, and I have no idea why you're mad about it.
Bad investment?
(for you)