Sorry to say that but the only person that you could put a blame on is you. You did not put 100% into your education (for better job opportunities), you did not work during your education (a lot of people do that), you did not put extra effort to find additional income in crypto space (I quit my job to focus 100% on crypto and I started my jurney here in DEC 2017 not in 2015. If I was in your possition - with crypto since 2015- i would already be a milionair ... even without a single dolar initial investment). For instance there were 10k$ bounties, 1k$ airdrops one after another in 2016-2017, translations, community supports ... damn there was tone of money to earn since 2015 in here, 10 times more than from 2018. And no one becomes a milionair for doing 30% of trying and 70% of party.

Isn't it that because locking stable coins (in swaps) is different (much safer) than locking bitcoin/Ethereum? I mean that, f.e, if you decided to hold etherum and to add some leverage to your investment you decided to lock it in liquidity pool in ETH/USDC pair and ETH will pump hard you may in fact end up with worse returns than without locking ETH while DAI/USDC change zero exposure to value fluctuation, stable coins into profit coins as long as both coins exist. Fist spike on ETH i BTC chart was due to defi bubble and quite stable BTC (9-10k consolidation)

Not that I'm aware of. Wave platform has build in DEX, not exacly uniswap like solution but you can trade your tokens there.

edit: Looks like i was right. List of wave dapps:

https://dappradar.com/rankings/protocol/waves

The only one with volume is neutrino protocol (DEX + stable coins generator)

mentally. And thats it. Voting power? And what can I do as 0.000001% owner of Alphabet Inc. ? Pay 2000$ for ticket,  spend 30 h in plane to go for shareholders meeting to say that I don't like how youtube is censoring and demonetizes videos that was never targeted on kids for not kid friendly content? What will that change? You own just a piece of paper.

Earn .... from ... loans ...
Once again
 Earn .... from ... borrowing money
You get it? No where in the world you will be able to earn on borrowing money from other person. Its the person you get a loan is earning on you ... No matter what you loan and when and how the value of this asset is changing. You always have to pay what you borrowed + fees. Whats the point of collateralized loans than? Just like in real world. Its all the usages you can have form loan. You need a car? You loan money from bank with your hose as a collateral. You earned on this? No, but you have a car that you can use. You borrowed USDT using ETH as collateral? You have now USDT that you can use to buy other crypto (leverage your portfolio) You borrowed BNB using ETH? You can now use it for lauchpools, lauchpads etc. You want to use product of company that requires you to own a token for premium account but you don't want to be exposed on currency risks? You borrow it for USDC.

Does it change anything for shareholder? There is nothing you can do with your shares, just piece of paper.


Market is a zero-sum game (your earnings = other loses) so if you want to fight for bucks with banks, wall street guys, governments (and their infinite money supply and insider knowledge) you go on forex/regulated stocks (by your opponents), you want to fight for bucks with tech nerds, lambo guys you come to crypto I prefer second option.

Sorry. Was looking at wrong chart. You are right


Just wanted to show a scale in simplest possible way.


Its more to me like retail investors FOMO into popular stock rather than someone intentionally is accepting 80 P/E because in far future maybe competition will not overtake netflix (HBO GO, Amazon Prime), netflix will be able to cut spendings and current price will be relevant to fundamentials.

Right when we hit 40k for first time.


I don't have paid account either. I passed this screenshot from my discussion with friend on telegram and didn't check it. Looks like i should. Sorry.

Thats part of current narrative. That 1 $ earned from selling tomatos is different from 1 $ earned from selling PCs. I could have agree with you if we were talking about P/E 10 from tomatos and P/E 30 from graphic cardas (nvidia) but we are talking about 10 vs 500-5000. Netflix has P/e around 500 and has around 200 mln registered users. To justify current valuation netflix should grow 20 times to 4 bilion users while "4.66 billion people were active internet users as of October 2020,". So netflix should sell its product to every person on earth that has internet to justify such evaluation (btw. you can share one account with others). People no longer take care of fundamentials and there is no super spacial force that may push evaluation of company back down to "fundamentals and profitability." since as you said by yourself "P/E (AKA fundamentals and profitability) ratio is only useful when comparing like companies. "

Nie wiem o czym mówisz, jaki zjazd




Jaki trend? Taki? Dobrze go narysowałem, nie rysowałem kolejnych linii trendu bo by oznaczały, że cofamy się w czasie ?



Nie no tak na poważnie to ja jestem spokojny. Na odreagowanie czekałem już od dawna, jak zobaczyłem dynamikę tych spadków to liczyłem na ok 40% korektę. Jest dobrze, pięknie odbiło pod 40k i rozgrywany jest obecnie bear trap. Powiem ci, że ewentualny powrót do 40k to będzie instant 50k z samych zamkniętych shortów. A trzeba pamiętać, że uderzył w nas ostatnio Tether FUD (sam go wspomniałeś w innym wątku), Mt-gox FUD,

I've decided to bump this thread because i feel like its perfect time for reminder. It is highly likely that most exchanges does not have enough coins to cover balances of all users, now, during days when total balance on exchanges are going down it is possible that we will see exit scams (fake hacks) soon.

Powiem ci, że mają wysokie i dość specyficzne wymogi. Ja tam aplikowałem wielokrotnie i nigdy się nie udało. A trzeba przyznać, że jedna z lepszych kampanii. 50 postów miesięcznie za 300$ daje sporą elastyczność. U mnie 20 postów tygodniowo za mniejsza kasę i to bez lokali nad czym ubolewam najmocniej.

I wonder how you imagine a developer that leave from building and selling houses dealing with BTC price fluctuation. Guys just stop dreaming. Its so much harder to operate a business (as big as building,selling real estate) when you chose bitcoin as a payment method in a way that you receive and hold bitcoin (not in a way that it is instantly dumped to USD right after payment). Bitcoin is good as investment/ reserve currency, when you can choose the best moment to invest. Not that you get BTC in the moment you sell a house and pay with btc when you want to build next house. There is a high risk that price fluctuations will sooner or later kill your business.

I love it when people put forward theses and justify them with 1 extreme case. I could say that it always rains in my city, because a moment ago I looked out the window and it was raining.

The fact is that popular assets (not only tesla) had p/e around 50 and were overvalued, and should dump to around p/e=20 (average for nasdaq is 30 - and nasdaq is overvalued too), but after 5 years has p/e around 500. (f.e nvidia, netflix), and in another 5 years can have 5000. You know why? Because we broke off the foundations not 2-5 months ago (tesla) but 8-10 years ago on every popular asset, because ... for 10 years the foundations do not play a role, because ... "2010-onwards" we deal with "narrative investing" exactly like described it by the OP. Dump, you are talking about, will come with the emergence of a new narrative. But whether it will be in 2021 or 2030 is not known.
 

As long as the other party to the transaction wants to accept it and as far as I know guys who earn on selling houses are mostly not crypto gamblers. Also in most countries stable coins are not legal tender so you may have legal problems with sanctioning such a transaction.

The higher you go with TPS the lower you go with decentralization and blockchain safety. Decentralized blockchain technologies was never about the speed and comparing them purely in terms of speed is not the best idea.
And as already posted by the previous posters - its just claimed TPS and there are a lot of shticoins that claim to scale to milions TPS.

One more think caught my attention:


Doesn't it change the investing into "gambling on Ponzi scheme"? You don't earn from profit that undervalued asset generates and share with investors (old era investing), you earn only if more and more investors believed in the story you spot before them.

Good read OP. Thats what I observe in last years of my presence on market (regulated stock market and crypto market). Undervalued assets remains undervalud for years, technical indicators are raped one after another. Everything moves in pump/dump like movements. People no longer use math and economy to invest. They use dreams and emotions. I think that evolution of narratives (from undervalued assets, to well priced with good perspective to "yolo, buy the story, give me lambo") is somehow connected to printers doing brrrr and cash surplus, disappearing options to protect it against inflation, increasing amount of retail investors, attracting younger and less experienced investors to the market, 12 years of bull market in US and many more.

What else?? A lot of ... fixed supply is not the only factor of grow. There are a lot of coins that are already 100% minted (like BNB that in fact is deflationary starting from first day). 

There is no way that it is not a glitch. 600 000 times more WBTC than real BTC is not something that is possible to happen. Its back to normal now. It was just a circulating supply glitch.