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

/biz/ - Business & Finance

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57916557 No.57916557 [Reply] [Original]

so niggers...where is the alt season?

>> No.57916666

>>57916557
The world is in a global recession, alt season is unlikely since people don't have money for frivolities like crypto.

>> No.57916689

>>57916666
financial markers don't care about the real economy, they only care about global liquidity
also animal themed coins are going parabolic right now

>> No.57916711
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57916711

>>57916666
>global recession
nice quads tho

>> No.57917743

>he fell for the alt season meme

>> No.57917761

>>57916689
thanks based $snekchan

>> No.57917833

>>57916557
Crypto bobos will be short lived. Mumu will take over.
1. While there is a bear momentarily before and after the halving, historically it recovers after a few months.
2. While rate pivots downwards do cause financial crashes, historically such financial crashes, cease after 1-2 years of down and sideways.
3. Depending on institutional etf inflows, crypto bulls might be insulated from financial crisis as fund managers and pension managers try to find safe haven assets that aren't affected by financial collapse. While such a narrative didn't take place in the 2020 crisis, back then there weren't institutional grade crypto etfs. Now there is.
4. Low market cap alts will be less affected by macro economics and are instead driven by utility and narrative.
5. Plebbit is in development for 2+ years, has working demos and an actual 100% airdropped supply to biz 2 years ago (search the archive).
YET biz still ignores plebbit on uniswap.
Plebbit is an opensource, free to use, scalable P2P social media protocol with no https endpoints making it actually decentralized.
Optional NFTs and ENS for avatars and names.
Toked is used for tipping and to curate the default feed (driving token demand).
8m mcap
Long term targets 1-5b 2026-2027
Pic related

>> No.57917885

>>57916557
it was the 100x on something called Solama

>> No.57917916
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57917916

the meta has completely changed in several huge ways, your trends and history mean nothing now

smart money dumped their alts when the SEC made it clear that anything but BTC was probably an unregistered security

even midwit money knew to get out when the BTC ETF was approved

only ones holding out for altseason now are the true baggies and mentally ill; most LINK holders desu

>> No.57917937

>>57916666
What the fuck? Do you not live on the west coast of the United States? We booming.

>> No.57917951
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57917951

>>57917916
Agree,
I’m 100% in Icp so I feel safe with Icp firmly established as not an alt coin.

>> No.57917988

>>57917951
ICP is humanities last chance to fix the internet by abandoning it and starting over kek

>> No.57918771

>>57916557

In 2021, why?

>> No.57919550

>>57916666
alt season is already happening in AI coins kek

>> No.57919754

>>57916557
Ive been stacking btc and pamp harvesting fresh memes on solana to buy more btc.

>> No.57920170

>>57917916
hi, smart money here. You're wrong and you will miss out on alt season. Stay poor.