/biz/ - Business & Finance

>>9509746
No it wasn't? People were buying shitload of drugs with it when it was in the cents range. I got scammed of $720 or something. (Would have been spent anyway.)

>See a massive dip
>Feel bad about it and do not buy it
>Next day: 5%+
FUCK

>tfw constant lingering fear that I will get rich but a month later a racewar or communist revolution will occur and I will die only having enjoyed my wealth for a few weeks

I know it sounds retarded but I have legitimate fears of this scenario.

>On my way home I saw numerous teslas, BMWs, Porsches, Mercedes, and other luxurious cars literally every second or third car

How the fuck do the richfags in this area have so much money? What am I missing? Why am I wagecuck making minimum wage while they transport themselves in style.

>>9485665
You guys are retards I swear. Look at her hips. The male pelvis isn't shaped like that. You can take the hormones, grow the tits, get the surgeries...but you can't change your fucking bone structure.

How can we stop unions?

>>9402447
>sold all of my OMG and put it into SALT when it was at $15

Fucking kill me right now

Nothing is mooning anymore

do you fucking mongoloids understand how markets work
BTC tested the bottom already -- that bottom is ~$6k
we hit that point twice and both times any further dumping was immediately rejected
for market price to reach <$3k someone has to be willing to sell at that price
if nobody is willing to sell below $6k, why the FUCK would they sell at $1.5k

I'm getting sick of having to explain this to brainlets on /biz/. Did you notice that big grey quadrant that's the primary driving force in BTC's falling market share? That's "other." Do you know what that category represents? Billions of dollars in artificially inflated market caps for coins with zero to no use case and minuscule volume. Go on Coinmarketcap sometime and scroll past the top 20 or so. How many of those coins present a legitimate threat to the dominance of ANY of the major projects (BTC, ETH, XRP, EOS, etc.)? Sure, they have tiny market caps by comparison but there are a shitload of these useless coins and there are new ICOs every day.

Give me an actual reason that centralization is bad. No lolbertarians, please.

>>8888888

My dad talked me into buying crypto last summer. I dumped about 1.5k into it.

At the height I had about 8k in my portfolio, and now I'm down to about 1.3k

My dad still insists crypto is the way of the future and we're both going to be rich. He put about 50k into it. He is 100% positive that it is going to be the future.

Every time he explains this to me, it just sounds like retarded gibberish. Something about the dollar collapsing, and how crypto is slowly being used to purchase products from businesses or something? Also something about how blockchain will change the world or some shit?

I have researched what he's saying but I just don't see how that's possible. I don't even see how 1 ETH is worth $400. I don't see how blockchain could be that profitable either, there's not even a current realistic value for any of these cryptocurriencies. ETH might really be worth $5 per one.

I always thought my dad was good with money but I'm starting to think he's just a boomer brainlet who made too much easy money in the 80's and he actually has no fucking clue about anything.

Is my dad retarded and is crypto the biggest meme of the 2010's?

>aaaaaaaaaaaand, we're back!

>le 1k incoming!!

When will you faggots learn that this will never happen? If BTC price approaches the threshold of no longer being profitable to mine then miners will manipulate the price and pump it back up. Believing BTC could ever hit 1-2k again means you believe those chinks would willingly roll over and watch it die while their money goes down the toilet.

Most jobs are soulless

Most jobs are soulless

Why are there so many replies to a thread that literally starts with
>There are some rumors
?

>>8276767
DELETE

Getting real sick of this shit

>>8200765
>wants a future based on decentralized, deregulated currency
>moans like a whiny bitch because muh wealth inequality

>>7879230
Pretty uncanny to find this thread at this very moment. Literally went today for the first time after three months of eating shit.
It was so fucking depressing to be exhausted twenty minutes in. Crypto is the biggest gains goblin of them all (apart from women).

>Just another spike, it will follow the downtrend after.
>*BTC goes over 10k*
>Oh wow, guess the psychological factor will kick in now and media will cover it, strong FOMO coming.
>*BTC goes back down, volume falls*

I think I'll stop trying.