• emizeko [they/them]
    ·
    3 years ago

    does every single person who buys crypto become an evangelist to try to pump their own asset? it's gross

  • came_apart_at_Kmart [he/him, comrade/them]
    ·
    3 years ago

    decades ago, as a young anti-consumerist, i was very interested in mystic traditions, eastern thought, and general spirituality as a method to soothe my anxious mind and perhaps, glimpse something eternal, in the ephemeral bankrupt culture i found myself within.

    years later, i was disheartened to see the recuperation of these notions into language of capitalist commodities and the associated milieu of personal branding and careerism.

    i want to believe this clown has reached the summit by creating the hashtag #CryptoMeditations

    “I Want Bitcoin. I Do Bitcoin. I Am Bitcoin. Om”

    • PlantsRstillCool [des/pair]
      ·
      3 years ago

      I have been trying to get into meditation for a while and having to weed through all the shit about using meditation to become better at like day trading and shit is not just time consuming but deeply depressing.

      Ime meditation has such potential for true liberation that seeing it be commondified and used for stuff like becoming a more productive worker is so depressing

  • mittens [he/him]
    ·
    3 years ago

    incredible, i can always tell if a bet is a winning one if i look at it in hindsight, my brain is infinitely big it doesn't even fit my doorframe, so i'm stuck inside my room.

    • PlantsRstillCool [des/pair]
      ·
      3 years ago

      Historically over a long enough time this is true. Line go up is vital for the capitalist state

  • CTHlurker [he/him]
    ·
    3 years ago

    Cryptobrain has to be in the next edition of the DSM-5 right? I mean, they all act and talk the exact same way and honestly feels more like a cult than anything else.

    • mittens [he/him]
      ·
      3 years ago

      I actually raise an eyebrow every time fellow leftists celebrate a market crash

      I just want an affordable RTX card. I am a gamer and for this I am sorry.

        • mittens [he/him]
          ·
          edit-2
          3 years ago

          if it prolongs for long enough that it starts to cut into some miners' profit margins and they start liquidiating some assets, yes, usually the market gets enough second hand cards for it to make a dent, but i don't think that has happened in years, i think throughout the whole pandemic cards have only slowly depreciated month after month only to spike in price suddenly. i still have my 1080, but i keep an eye on prices to see if i catch something by some miracle i guess.

  • SacredExcrement [any, comrade/them]
    ·
    3 years ago

    Literally a term for this in the financial industry, it's called catching the falling knife

    Yes, it can work, and you may make tons of money if you time it EXACTLY correct. More likely though, is that it will result in you buying it while it continues to crash further (or go to 0)

    • NephewAlphaBravo [he/him]
      ·
      3 years ago

      I'm just saying, once you've shit your pants, it's more likely that the day will just get better from there.

  • AlwaysNew [none/use name]
    ·
    3 years ago

    I know someone who is crypto rich and living on small loans half thee time in order to avoid capital gains tax. His downfall will be hilarious

  • MelaniaTrump [undecided]
    ·
    3 years ago

    bro this is the first crypto crash in a rate hiking environment don’t fucking touch it

  • Koa_lala [he/him]
    ·
    3 years ago

    I get repeatedly laughed at by some of my friends for suggesting that one day bitcoin will go sub 20k after which governments will regulate it to death, and it will never recover. I hope so god-damn much that we're finally here.