Crypto is over. Know why? All the retards have already been rugged. The world has a finite amount of ruggable tards and they're all tapped out. There's no one left.
>>61836949Bottom signal>buy shiny rocks to sell for higher price later>its a scam when you do it with crypto, which actually can be used for trading
>>61836949>retail is savy, they see low prices they buy.
>>61836949I have been tried to get away from cash. Mostly so random niggers will stop asking for it. The biggest problem you run into is no one can fucking use it for anything. I even got the onepay walmart crypto card, you cant even transfer eth to it, you have to buy it from them. Its stupid shit like that which kills it. Add in the fact that if you get a single letter wrong on the address, all is lost. Lol no one is using this shit, it was a great weeb idea for the mid 2000's. Whine all you want about it, demand they learn it lol, meanwhile everyone else is figuring out something that does work.
>>61836949bullish
>>61836949Enjoy poverty.
>>61836949You are correct and wrong at the same time. Yes, there is no material real existing Greater fool left BUT there is still the virtual never to exist greater fool of the future that through the communist sovereign bond ponzi can be made to buy some baggies ponzi shares now, which is then supposed to be paid off with interests by less existing people that never consented to buy pyramid ponzi schemers bags.We enter the generational divide era. Its time murder Boomer and GenX as polity and communist bankers of all age
>>61836949>The world has a finite amount of ruggable tardsThis is objectively false, as evidence by the famous quote that a sucker is born every minute.You're right that crypto is over but for the wrong reason.
>>61837463At non replacement birth rates?Your BoomerX mantra hasn't been true for the better part of 30 years
>>61837530Replacement of who and where, you idiot zoomer? Global population continues to rise; the maxim remains true.
>>61837581If 500 bankers, boomers, mutual funds, pension funds.... Want to derisk and de-accumulate and there are only 50 potential buyers, how many trillions in virtual balance sheet dollars have to be written off?
>>61837600I don't give a fuck about your arbitrary and retarded question because you're blind to the fact that 499 of those bankers might be the suckers for the remaining one.The OP claim was that the world has a finite number of suckers.The OP claim is false because more suckers are born every day.
>>61837651No redeeming sarNo profit Hoddddddl
>>61837678What are you fighting for here, exactly? We both made basically the same reply to OP and yet you're acting like we're on opposite sides of the "someone will always buy the bags" claim.Seriously, what the fuck is your malfunction?
>>61837705>WeIs that "we" in the room with you now?You declare in typical boomerX retardation mantra fashion that >Every second a new sucker is born>(Buy my bag)I declare that the suckers are virtual, not material, implying that every bag bought makes the buyer today the greatest fool
>>61836949OP IS A NIGGER
>>61837717The "we" consists of you and I and we have IDs so I can see that you are still here so yes, that "we" is in the room.I don't have any bags to sell, idiot. I could see crypto was a scam from the start and while I certainly could have profited from it by taking more risks, I chose not to and I was able to retire from the rat race early by playing safe and smart instead.>every bag bought makes the buyer today the greatest foolThat doesn't contradict what I said at all.
>>61836949>The world has a finite amount of ruggable tards and they're all tapped outthat is literally the worst argument
>>61837805Its not just crapto. Its every single asset class. All are toxic, including so called "productive" assets
>>61837826What does that even mean?Trade will always exist, as long as there are two humans. The value of a thing is not related to its fiat currency price: a loaf of bread is worth a certain amount of time and toil, and how you quantify that is between the man who makes the bread and the man who wants to eat it."Asset classes" sounds like "line go up" economics, which have always been fake and Jewish and that veil seems to be lifting, but at the end of the day the people who have physical gold in their physical house will always have something of value that other people will want.
>>61837805>RetireSo you are on fixed income You could as well kys now.Inflationary monetary policy and declining buyer base kills your kind the fastest
>>61837862>Please gibs me a bushel of wheat for this shiny rock Lmfao.
>>61836949there's still all those retards in crypto who think they arent retards cause they didnt get rugged yetnigger captcha
>>61837863>So you are on fixed incomeI'm not on any income. I have a shitton of money (by comparison to people in my age bracket) and I take out what little I need when I need it. If my investments do well, that's fine. If my investments do poorly, that's fine. I'm set for 40 years regardless unless there is a civil or nuclear war, and if one of those happens then everything that anyone did in the stock market in the last 20 years is pointless anyway.>You could as well kys now.This is true for everyone at every moment, but I currently have too many video games to play and states to visit for that to be on the horizon.>>61837884Yes, that is how your ancestors did it and as it happens, that shit still works and will never stop working.You come across as a genuinely unhinged schizo, angry and the world but impotent and lashing out. You should probably figure out what you actually want in life, since having a clear goal is the easiest way to figure out how hard and how long you have to work for it to accomplish it.
>>61837926You are fucked>Remember that since 150 year dead dude LolWorst sales pitch ever
>>61837934If you're struggling and I'm not, then by most metrics I am better off than you are. >ignore the past, don't learn from itThey have another platitude for people like you but I am sure you've heard that one as well, and shirked it off as "old and irrelevant" as well.
>>61836949The MIGA idiots who piled in when the President of the United States started shilling for bitcoin were the greatest fools. The game of finding the greater fool is over. It's now a question of how quickly the retards can exit into actual historical stores of value like gold. Things that are actually real.
>>61836949This is a good pointWe don't have a high enough birthrate to replace all the existing cryptards with new retards
>>61837958>Buy my bagNo >That means you poor lolNo my cashflow is dynamic and easily covers running expenses>B-but you need to wörk more to increase cashflow and take credit to buy me out when I de-accumulateNo
>>61837963This, investing in real assets is the new meta
>>61838006I've already told you I have no bags to sell you. I made my money by working for 15 years and saving religiously. My lifestyle doesn't depend on anyone outside of myself.>No my cashflow is dynamic and easily covers running expensesThat's a strangely flowery way to say that you have a low-paying job and change industries frequently.
>>61838022According to the mostly ignored BoomerX ponzi faggots that are drowned out in informational noise its "dokenization" to keep the virtual value of their "real" hyper overvalued bags up.Pro tip, non is. The trajectory is deterministic
>>61838123So you either rely on your "money" increasing in value, which according to yourself is not happening or you rely on regular profitable sales of hoarded ponzis or the ponzis retaining virtual value to use as collateral for liquidity.In either way you are fuckedNot low paying, not one job. Many-to-many, and never more than necessary No matter how much clients bag me and offer even higher renumeration to do more. Usually I work 40 hours a month, max
>>61838164I don't "rely" on anything. I have an amount of money. I have a finite lifespan. The only thing I need is for that amount of money to last until the end of that lifespan. It's really simple math, actually. Anything else is a bonus.And ah, so you're a gig-economy door-dash boy. That explains your impotent rage. Best of luck out there!
>>61838186So you are betting on fiat retaining value. That's according to your own logic not the case
>>61838211As I said before, if the Western money system as a whole collapses then nothing anyone did in the last 20 years matters anyway. That's when we switch to killing and looting and I am plenty ready to do that, too.
>>61838224>WesternYou slipped changSo in reality you are just a wumao bot reproducing a script whose cashflow is dependent on a blown up real estate ponzi scheme that went to equilibrium 95% under its expected collateral value, a dying export economy that drowns in unsellable overproduction and a fucked up ponzi on shiny rocks, all collaterizing a 1000% debt to gdp ratioLol.
>>61838241I live in Pennsylvania. The Western money system is the one that is most relevant to me. If the Chinese or Indian [whatever their currencies are] collapse then I don't care.
>>61838252re-leveraged ponzi pyramid charts have no worthwhile price signaling
>>61838266Of course bob from Pennsylvania Bob from Pennsylvania is certainly using the term "western" to reference to his own geographic region