/biz/ - Business & Finance

>>12747681
Study and apply Stoicism. It's the greatest gift left to us from the ancient world. There are some videos on the youtube to get you started, and read Letters from a Stoic and Meditations.

If Capitlaism was real, there wouldn’t be a single dynastic family with a monopoly over the privilege to print every fucking nation’s money.

Saving a possible collapse of the existent financial system, the next crypto bull run won’t be marked by normie adoption of muh “Coin To Rull Them All and end the Fed”, nor by adoption of any of the top ten shitcoin, including BTC.

The next bullrun will be the result of institutional adoption and integration of smart contract systems and decentralized cloud computing.

In the meantime, all the coin that makes no sense for existing in the first place will continue to be foisted as leaders in the crypto space to keep normies and maximalists from hedging or outright abandoning their bags to research and invest in projects that will lead the charge during the next evolutionary stage of blockchain integration into existent and newer, developing networks and systems responsible for facilitating global commerce.

If/when such a scenario comes to pass (and it will), a lot of rekt hodlers who swore up and down that King Shitcoin would again surpass its ATHs, will think crypto is dead because, well, they’re the type that can’t imagine a world without Netscape, MySpace or the Rotary Phone, etc.

It is these very people whom are the only thing currently preventing muh Golden Bull Balls from blowing chadly loads once a-gain.

>>12606025

Bitcoin may be the end all. Why doenst he have his net worth in it then? Same goes with pierre rochard, pompliano, and all these other cheerleaders.

They're making more money off people thru podcasts, t-shirts, and other useless shit. It's just like church.

Seriously if they are so confident why do they attack everything else? It's quite pathetic anon. Don't get duped..don't fall in love with positons. The whole market is based off of one giant ponzi scheme that is used to evaluate the value of other ponzi schemes.

the great dump or banks faking us out?

>>12471467
THIS
Unfortunately that process is being prolonged by hodlers who actually believe an asset can effectively act as a stable store of value and a fast, fungible liquid currency at the same time. I’m convinced it doesn’t work like that he we want to have nice things like an Industrial Revolution that raises standards of living and brings millions out of poverty.

Currency’s value is not in its tangibility but in its utility as being the antithesis of gold. There’s a reason currency is, by utilitarian nessesity, designed to be shit at storing value with any long term certainty: it’s meant to be spent, not hodled. But in order for it to be spent, it not only needs to be fast and liquid, it needs to be manipulable/price volatile so that, when coupled with tax burden, interest rate and inflative manipulations, penny pinching rich people adverse to risk are incentivized to spend their money by the feel that their cash is burning a hole in their pocket, leading them to invest in businesses, or assets that can appreciate or at least remain stable as a store of value.

If BTC has any future at all, it’s solely as a digitial store of value, not as a currency. But there could be something out there that eventually does such more effectively.

Right now the market sentiment is jest a reflection of brand loyalists clinging to their bags.

>>12448250
invest that money into etfs of your strategy, buy 1 qqq call whenever it's possible, and wagecuck.

In order for chainlink to hit even $100 it would have a market cap of 35 billion. Making it the number 2 spot. How in the fuck would it hit $1,000?

>a wagie
>flames wagecucks
the future is so bright my fellow wagecucks.

nice fud. ill be buying your bags in the long term.

0xchan.net

>>12348852
go ahead and 1984 it up more.

>>12347869
This is the guy whose project might ironically save normie retail BTC hodlers who don’t already see the writing on the wall as to the actual utility of BTC
>it ain’t a fucking currency
>It’s a store of value at best

>>12261026
Remember rotary phones?
>lots of people purchased them

Remember compact discs?
>lots of people collected them

Remember AOL and Netscape?
>lots of people used them to navigate the World Wide Web

Remember MySpace?
>lots of people made a profile

Remember BTC?
>lots of people traded it like Forex and lots more blindly hodled out of brand loyalty

the technology is here to stay, but the face of it is subject to change.

Hedge accordingly.

>>12226627
Capitalism -aside from the extent to which it actually exists within certain sectors of the black market- is just a meme.

GLOBAL COMMERCE IS NOT STRATIFIED BY FREE MARKETS.

ALL GLOBAL COMMERCE IS STRATIFIED BY ONE OR ANOTHER FORM OF CENTRALLY REGULATED CORPORATISM and/or SOCIALISM.

Prove me wrong.

>>12185624
Remember when no one thought the US housing market could never collapse?

People feel the same way about BTC.

That said, there will be one or another form of space money though.

>>6278045
If we had thrown into some ICOs at the time I'm sure we still wouldn't have just'd ourselves over small shit like this. Live and learn, right?

>>5741889
Sure, it makes some people "nod" out. Others (like me), it acts as a stimulant. I can sit at the computer and trade all day long no problem

Why is BURST mooning?

Op here pretty much this guy was always 10 to 20 min late and one busy day when I needed him he was 30. He lied
to the boss and said he was in the bathroom even though he had fresh cigarette smell. This really pissed me off and that is what made me confront the boss after work. Didn't want to sound like a whiner. Also this person loses equipment has an accident like every other day and when you confront him he would say don't rub it in my face or get real emotional