>why does crypto gain valuePolitical / economic insecurity PLUS increase in leverage of the smarter part of the population who know better than buying Nvidea stock and mutual funds and earn interest below inflation.>why is crypto dyingCrypto decoupled from monetary base because whales are liquidating. This is not the usual Christmas season discount on BC because money is going elsewhere.>where is the money goingWhales have entered their dwarf mindset and are collecting useless rocks that can be seized and blocked by a single presidential degree.They'll probably rug them and buy TCG, or whatever the fuck becomes the next scam.>what should I doContinue buying crypto. Don't let all of this distract you from the fact that crypto:* is the only currency that is encripted and free from government interference* thoroughly anonymous, preserving your identity* can be held in online as well as offline wallets* untraceable, undetected, free* Crypto ends the FedPrecious metals are an accurate measurement to how leveraged the mentally unfit are in the economy. Crypto is an act of resistance that gives you money.
why do schizos always try to link their problems to something else
>>61839721>try to link their problems to something elseThere is nothing to link. Nothing happened to bitcoin. If I make a transfer right now, the system is working. No company scammed their clients. Nothing happened.Yet people liquidated billions of dollars in bitcoins.The only explanation is that whales saw silver quadrupling in value and wanted in before the rug was pulled.
Nature is healing
VCs built this space not blockchain developers.VCs went above and beyond to deliver deliverables.When VCs pivoted to AI I knew they had found greener pastures.Thank a VC for the kind work they already done did today!
>>61839740you're a schizo
>>61839740>Nothing happened to BTCNext level cope
>>61839740>If I make a transfer right now, the system is working. No company scammed their clients. Nothing happened.Exactly. And it'll work just as fine as it does now when 1 BTC is $1000. Why are you mad?
>>61839775Fr. I have an old laptop. It was $1000 15 years ago. Now it's $50 at most. But hey, it works, nothing happened to it!
>>61839775Can you upload your silver to your PC's SSD?Can you send your gold to buy a product from my shop, untraceable, instant and tax free?No?They just admit that you are one step above collecting Pokémon cards, you spiritual dwarf.The day of the balrog is coming.
>>61839709>dwarf mindsetkek
>>61839791can all your crypto disappear instantly with no recourse? yes.
>>61839709>useless rocks that can be seizedOn what planet, jeet?
>>61839800>>61839797Gold seizure has legal precedent and was done by decree. The retard you all voted for could tomorrow seize your goystone.Pic related is the bane of all the dwarves who think PM will ever amount to anything.
>>61839764nothing did happenthe only notable part of this cycle is that we peaked with relative disinterest in the sector, whether that be from AI hogging the spotlight or metal rallying from QT and low liquidity
>>61839826copewhat happened was people realized btc is uselesshth
>>61839796It really is true, everyone became obsessed with rocks out of nowhere. They really thought reflective, conductive rocks were a financial system, a potential network for international modern wealth, a way to "end the fed"nah nigger its a fucking rock. Sure, it does have a value, but whatever it can do it already did.
>>61839709Didn't read, bought more shiny rocks
>>61839709>ROCK COLLECTOR HERE. I SUCK COCKS.
>crypto>free from Government interference
>>61839791What does any of that have to do with what I said?
>>61839864It is. You can't ban math. The worst they could do is ban cashing out to fiat, something they've done to rocks in the past too.
>>61839879>The worst they could do is ban cashing out to fiatthat's a big problem for crypto, as that's the only thing people care about when they buy it lmao
>>61839817Ah yes. All that banned gold that you can still buy that made anyone who held it rich.
Satoshi Nakamoto translates to central intelligence, retard.
I bought 2 monster boxes instead of a bitcoin, suck on it crypto nerds
we're digging until we hit the balrog
>>61839817by that time the whole system is underwater
>>61839791>The day of the balrog is coming.Ironically, Gandalf uses a sword made of mithril, also known as Moria-silver, to defeat the Balrog.
>>61839898and you didn't buy rocks for future valuation? you are retarded
>>61839800Has /biz/ always been in a constant battle between the cryptojeets verse the jewish coin collectors? I stick to /smg/ with the other whites, can't believe the other threads on this board are like this.
>>61839709Quite possibly the worst macro analysis I’ve ever seen. NGMI. Youre right about one thing. Rock covers paper and smashes hard drives.
>>61840090>jews>silverstein>goldberg>white
>>61839791>turns off the electricity
Here is an odd think about crypto evangelism. They say our gold and silver are shiny rocks. Yet the call their “asset” a coin. Like gold or silver coins. They have an algorithm that’s based on mining. But don’t gold and silver come from mining ore? Rocks? They say it’s finite and can’t be printed/counterfeited but aren’t gold and silver finite and impossible to counterfeit? Aka they take time and effort to find and refine?It’s odd. Every slur crypto throws at gold and silver. Is conversely a reinforcement of the intrinsic nature of gold and silver. Yet gold can’t have meme gold. Yet silver can be “programmable” or traceable. It just is. Anonymity guaranteed. What other ways do they diverge? Well if my phone stops working or the power switches off. My gold is still gold. Actually in that situation gold explodes in value. If you think about it. In every stress scenario that might harm Bitcoin and tank its value. In such scenarios gold become the ONLY money you want to be holding.
>>61840090We just ignored the dwarves hiding silver in their mother's basement until they started getting uppity about their rock being worth something, then crypto lost billions in leverage and whales liquidated. Then the Epstein nonsense began floating around and killed any hype bitcoin amounted in the past two years.Now we are in this shithole that I am struggling to convince people that crypto won't fall beneath 64k ever again. Seriously, fuck me. People are unironically selling low and buying rocks.
>>61840132>In every stress scenario that might harm Bitcoin and tank its valueWhat about the stress scenario that actually happened, where the federal government repeats the 1933 decree and decides that all gold in the country belongs to them?I am tired of the 'bitcoin is just tulipmania' crowd. Bitcoin holds inherent value, as it is the only mean through which transactions can truly be done in complete anonimity, instantaneous and free of interference. Wealth in bitcoin can't be seized by the IRS. Gold can't do that.
>>61839709I don't want crypto bros to suffer. I will be happy to pay you in silver for weeding my vegetable garden while I bang your sister in the house. Just don't come knocking.
>>61840132Every digital bleep bloop uses an image that subconsciously we know to have value. Funny ain't it?
>>61840156>complete anonimityIt’s very easy to track Bitcoin wallet transactions. The same cannot be said for several altcoins out there.
>>61839709
>>61839709>is the only currency that is encripted and free from government interferenceThe encryption standard was literally created by the NSA.https://en.wikipedia.org/wiki/SHA-2https://en.wikipedia.org/wiki/RSA_Securityhttps://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm
>>61840450open source. All the smartest eyes on the planet can look at the source code.
>>61839740>The only explanation is that whales saw silver quadrupling in value and wanted in before the rug was pulled.literal mental illnessno explanation is required, but if you must make up stories about why prices change there's an infinite number of possibilities. you are very dumb and probably insane.
>>61839709>my bitcoooins my (not) precious bitcoooins ohhh nooooYou are the cringiest poster I have ever seen on /biz/ and that is no easy feat, congratulations faggot.
>>61839791Tokenized silver/gold exist (tether gold, kinesis). So yes, I can send you gold/silver to buy your product. And Bitcoin isn't untraceable or tax free. If you want to talk about other layers or crypto technology, those could be implemented with tokenized gold/silver too so are a moot point. >>61839835>out of nowhereNigger these rocks have been used as money for literally thousands of years you retard. The idea that evidence a novel, useless math problem was solved is itself money is what came out of nowhere.
>>61840070for cashing out into fiat? nope
>>61839817Never happened. Only retarded boomers put their shit in a safety deposit box. The government won't go house to house and collect anything besides hot lead.
>>61839709I believe energy markets are the best in any liquidity tightening or carry trade unwinding.
>>61839791They are shills and you can tell they are shills because they never engage in the arguments you make, they just make a new thread spamming the same old lies.
>>61839709Imo, crypto is just pausing because the system hasn't gone online yet. It has no inherent value until the systems are fully implemented so volatility is hardly surprising. It seems pretty inevitable as every major currency is absolutely fucked, has no path to fixing it and the politicians keep doubling down on making it worse.There are still almost 4 years between now and 2030.
>>61839817my personal reason I quit crypto
