/biz/ - Business & Finance

[Anonymous No.58115532]

Shitcoins killed crypto. We were supposed to revolutionize the world not create 100 new ponzi schemes a day.

[Anonymous No.58115551]

only relevant thread on biz all month

[Anonymous No.58115558]

Is it time for everyone to just admit crypto is complete shit? There's no way around it. Scams multiplying exponentially.

[Anonymous No.58115560]

>>58115532
Here's a hint: all cryptos are shitcoins

[Anonymous No.58115574]

>>58115551
This.
Get rich quick works in two ways. You're born into wealth or you win the lottery (although I have my suspicions that this isn't a fair bet either).

[Anonymous No.58115604]

>>58115532
Altcoiners created what you call shitcoins and pumped them. Before this more recent redefinition of the term, bitcoiners evented "shitcoin" as a pejorative for altcoins.

The reason so-called "fundamentals alts" are not the star of the show, is because alt speculators themselves realized all the narratives were bullshit. What is the different between an alt with nothing but false narratives about its utility, and a meme token that was shat out five minutes ago? Nothing. It is the same speculation behind both. You are complaining about the shitcoin nihilism that altcoiners themselves created because they wanted to be on the ground floor of printing their own money.

[Anonymous No.58115623]

>>58115532
The market has spoken. Your 'revolutionary technology' is worth less than literal jokes

[Anonymous No.58115658]

>>58115532
Just ignore shitcoins? Buy bluechips, or shit if you wanna degen buy "low cap" (as in 10M+) utility coins.
The fact that's there's a 100s of shit ponzis a day doesn't change the fact crypto is getting wider acceptance. Normies don't even know shitcoins exist, those are just there for the crypto degens.

[Anonymous No.58115663]

>>58115532
it seems like people care more about increasing their immediate quality of life through a resource they're familiar with than they care about some intangible, abstract "revolution"

[Anonymous No.58115686]

>>58115658
Yep, crypto is alive and well if you ignore pajeet scamcoins and buy longterm holds only
What's in your bags anon?
I got some PAAL and crocbot

[Anonymous No.58115700]

>>58115658
this
for now try to stick to utilities and have some patience, the normie shitcoin bloodbath will come

[Anonymous No.58115707]

>>58115532
There is a large correlation between Bitcoin(crypto) and The South Sea Company.

[Anonymous No.58115750]

>>58115658
I only buy bluechips because I'm in this for the tech
shit like apu, pepe or whatever would never advance the tech

[Anonymous No.58115771]

>>58115532
People just need to stop buying blatant scams for "the meme"

[Anonymous No.58115781]

>>58115604
a lot of typos in my post because I'm a bit high and sleepy... but to reiterate my point, newfags won't know that even in Congress they were talking about bitcoin vs shitcoins years ago: https://www.youtube.com/watch?v=vf1dym16poc

Shitcoin originally meant all altcoins. Now altcoiners use it to refer to shitcoins? This fixation on memes wasn't some switch that was flipped over night, it was just an escalation in stupidity and nihilism. A narrative the market doesn't actually care about is a meme. Alties were picking utility narratives they assumed others cared about, and now they do it with picture memes. Ethies were doing gay shit with cryptokitties a long time ago. What's the difference? Will the public have an infinite appetite for this stuff, or is it a temporary moment in time?

[Anonymous No.58115783]

>>58115658
No it's the other way around. Normies only know about the shitcoins. They always talk about the latest shitcoin to pump like doge, Shiba Inu, Pepe etc.

[Anonymous No.58115790]

>>58115686
So bummed out I missed out on PAAL, was on my radar from 1-2M mcap but I faded, over and over again.
>>58115686
Biggest utility hold right now is cswap, I'm expecting it to do much better than Houdini since the market is better and I also I'm getting ok-levels revenue share with the good volume.
Had a massive bag of solchat too (got in at 200k) but I sold at 150M, I'm getting out of that rugchain. I don't think even utility coins can survive the ptsd riddled jeets on sol, and thanks to solchat I can afford gas on eth again. Jesus am so comfy anon.

[Anonymous No.58115812]

>>58115532
miss the old /biz/ stock advice, salary negotiations, resume advice, vanguard portfolios and career advice.

This crypto garbage seriously has to stop. People are getting hurt. Not only that but literally 99.99% of this shit is a scam and a huge bubble waiting to burst. Just look at the recent bitcoin crash down to 61000 case in point.

I'm currently in uni finishing up my studies to become an accountant. I want to know ways to make it in the corporate world. I want to have meaningful conversations like how to negotiate salary raises with your bosses.

I know this might come to a shock to alot of you guys but someone has to say it. Cryptocurrency is just a massive speculation with absolutely 0 fucking value to this world. You can not right now name one single crypto that brings real value to this world and helps improve it.

This is a speculators game. And who ever is the first to sell off will win. You guys are in a fucking ticking time bomb waiting to explode and you don't even realize it.

Besides women want men with stable careers and goals. Not a bunch of Internet funny money degenerate gamblers. Good luck starting a family with any woman and telling her you traded Internet meme coins. Seriously guys wake the fuck up.

If any of you had any sense at all you would sell 100% of your cryptos and invest in Amazon / real estate. Something that will never go away and always rise in value.

I hope we can go back to the old ways of biz. I want to know some good stocks I can expect to put my yearly bonuses into. Not this crypto trash vaporware scam garbage.

[Anonymous No.58115847]

>>58115783
kek maybe you're right, idk i have no normie friends. tho now that you say so I did experience the sister of a bf immediatly thinking we were organising something akin to an armed robbery when we mentioned we were preparing to launch a presale for a memecoin on bsc back in 2021.
>>58115604
>>58115781
I like your points anon.

[Anonymous No.58115853]

>>58115812
if you haven't 100xed a shitcoin then just say that

[Anonymous No.58115901]

>>58115812
>>58115853
kek seriously, tfw i'm not sure if this is a pasta or not. nothing stopping you from making a thread about negotiating salary raises man.
>recent crash to 61k.
Oh no we're only up x3 from last year? I don't see your point.

[Anonymous No.58115982]

>>58115532
Creating 100 Ponzi scheme a day is kinda revolutionary. Never been done before.

[Anonymous No.58116013]

>>58115532
99% fail and become penny stocks so just dont buy them