/biz/ - Business & Finance

>>17752324
>>17752325
>I can't reason past semantic definitions

>>17752349
capitalist is private ownership, you don't own something that can be taken under the justification of "economic prosperity"
>>17752400
>biggest crisis were before
completely false pic related

>>17752403
socialism is were the state owns your wealth. That is what keynesianism is, they take the wealth of individuals justified by some double think definition of economic prosperity like minimizing the unemployment rate

>>17752458
capitalism means private ownership. The only way to get money is to exchange value for it because you don't have a right to anyone elses wealth.
where socialism is some authority has the right to everyones wealth without the need to create value

stocks are a recurring ponzi scheme perpetuated by people believing that fiat is a reasonable measure (unchanging) of value over time
https://youtu.be/6reB2iMmmEg

there is nothing new under the sun

>>16535329
stock market is a recurring ponzi

>>16348084
he nailed it
>>16350219
>Im so fucking annnoyed that i was a poor student in 2008-2012
blame the fed, bush and obama. They pumped the market when we were young and near buying. They should have encouraged investment from youth and BTC might not have taken off

pic for op

>>16343816
>10-20% returns on my total stock market index funds are
Index funds outperforming experts is a sign of money supply inflation causing price inflation and massive amounts of buybacks, BTC has scarcity compounding over time.

Don't brag about 10-20% here, I hit bigger on shitcoins like a 10x on BOMB, could have been 20x if I picked the top.
>>16342888
Thanks for posting that pic

>>16342954
Stocks can't get you crypto gains and the fees are much higher. high frequency traders are eating spreads and day traders alive

>>16296901
Compare BTC % gains to all other assets and tell me who wins.

Human greed creates a supply shock when BTC halves new supply. We know this but what is missed more often is how resistance decreases as time goes on. If buying pressure remains equal, not even go up, price will climb.

Everyone knows as price rises, the asset hits more selling pressure. We've been around asset bubbles enough to see this but we haven't seen an asset with a hyper dis-inflationary supply release until BTC.
Gold, metals, and oil would be the most similar.

The main source of inflation for BTC is forks and alts but everyone will realize they won't be what BTC is eventually.

Eventually traders and investors will document and publish all the extra $ us BTC holders have made from forks and airdrops.

Add up my BTC gains from me buying at $500, and getting all theses shitforks.

When I bought BTC I thought, this is an extremely long hold, over 10 years. When I started reading about forks, I got scared for BTC. I thought it might die this time, boy was I dumb. BTC gave me tons of BCH and when BCH hit $2.5k, I took some profit and went alt coin shopping (in hindsight I should have sold everything and waited a year)

Because of BTC, I hold 4 shitty forks and even bought alts without ever selling a BTC.

Financial experts are going to notice this shit, when they compare portfolios.

They will actually value a history of consistent performance in an asset they put their money. They know BTC's open sourced nature make it certain that it will always pay you in forks. They know open source projects will never be a winner take all market so forks can theoretically pay you like a free lotto ticket.

How did it happen? After previous attempts to push the Federal Reserve Act through Congress, a group of bankers funded and staffed Woodrow Wilson's campaign for President. He had committed to sign this act. In 1913, a Senator, Nelson Aldrich, maternal grandfather to the Rockefellers, pushed the Federal Reserve Act through Congress just before Christmas when much of Congress was on vacation. When elected, Wilson passed the FED. Later, Wilson remorsefully replied (referring to the FED), "I have unwittingly ruined my country".

Now the banks financially back sympathetic candidates. Not surprisingly, most of these candidates are elected. The bankers employ members of the Congress on weekends (nickname T&T club -out Thursday...-in Tuesday) with lucrative salaries. Additionally, the FED started buying up the media in the 1930's and now owns or significantly influences most of it.

Presidents Lincoln, Jackson, and Kennedy tried to stop this family of bankers by printing U.S. dollars without charging the taxpayers interest. Today, if the government runs a deficit, the FED prints dollars through the U.S. Treasury, buys the debt, and the dollars are circulated into the economy. In 1992, taxpayers paid the FED banking system $286 billion in interest on debt the FED purchased by printing money virtually cost free. Forty percent of our personal federal income taxes goes to pay this interest. The FED's books are not open to the public. Congress has yet to audit it. Congressman Wright Patman was Chairman of the House of Representatives Committee on Banking and Currency for 40 years. For 20 of those years, he introduced legislation to repeal the Federal Reserve Banking Act of 1913.

>>16282233
>do you idiots realize thats a 5% gain
Was I the only one who saw BTC go from $3k to $12k in 3-4 months?
>>16282270
almost a 20x over 5 years, not bad
5 years ago today BTC was below $400, that's over a 20x. Try harder.
>>16282277
>The "cool kids" were buying BTC at $19k almost two years ago, just saying.
No, they bought at $300 in 2014 and $3k in 2019. It's not cool to be chart illiterate and lose money when you expect to make it.

>>16250359
a ponzi means you lie about how you made your gains. You take the new guys money and pay out older guys in the same way any market works, but in a ponzi you tell them that they are getting paid from your investment when they are actually getting new investors money.

Crypto is limited in quantity usually, and speculated with little understanding of the value in a distributed ledger. That's why people call it a ponzi. They think new money buys from old buyers and it's not a stock or bond or complicated debt derivative that could crash the worlds banks. I can't understand it so it must be a ponzi.

Look up charles ponzi

Warren "hodl" buffet

>>15798669
they did lose their money

>>15763209
wtf are you talking about. you posted an image that has nothing to do with options

the stock market is a ponzi scheme that goes up because its traded against something that always goes down (usd)

>>15518148
>Buying PMs when the S&P500 are still cheap

>>10519232

>>10437661
same reason bitconnect went up
the stock market is a ponzi scheme
the only thing you can do with stocks is sell them for a higher price

>>10427718

>>10426878
pension funds, supperanuation

everyone has exposure to the stock market
stock market will have no returns when we have non inflationary currency

>>10301606

the dollars value is not constant it is not useful as a unit of value

wakey wakey

dead cat bounce

>>9606620
brainlet
would you have waited for $80 in '76?