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/biz/ - Business & Finance

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>> No.56175138 [View]
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56175138

>>56173965
>/biz/ used to be much less doomer and more fun in general
it's because a bunch of /pol/acks moved here in 2020~2021, because Trump lost and Bitcoin hit $65k so a lot of /pol/acks gave up on Trump, bought crypto, and started posting here instead of /pol/

>> No.17041027 [View]
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17041027

>>17040969
>when a short goes wrong it goes into a bottomless negative. How?
[continuing on the explanation of how shorting works, from above]
if the stock price goes up after you short the stock, now you still owe the stock to the person who you borrowed from, but now to buy the stock you need to pay him back you will need to spend more money than what you received when you sold the borrowed stock. You're losing money.
Now imagine what happens if you short a company and then the stock price goes up 10x. There will not be enough money in your account to be able to buy back the stock that you owe to the person you borrowed it from. The brokerage will call you and tell you that you need to transfer more money into your account or else they are going to sue you.

>> No.13778406 [View]
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13778406

You dummies, nothing will happen to tether or bitfinex other than having a multi billion dollar fine levied on them. It's no different than when banks get caught doing shady things. When you get as big as them, you can't just shut them down, you can only fine the shit out of them.

>> No.11888372 [View]
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11888372

Have you dummies ever heard of a shakeout? That's what this is.

>> No.11290588 [View]
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11290588

2

>> No.11202126 [View]
File: 42 KB, 600x450, 94f1f7582ca3fba298d3181471500c59.jpg [View same] [iqdb] [saucenao] [google]
11202126

I'm fairly certain this is MY simulation and you're all NPCs (and that's not a bad thing). As such, I have decided to manifest what I'd like.

I have found that when I write something down, it usually comes true. So, you'll be happy to know that today I wrote down that on "9/25 2018 btc saw a multi thousand dollar green candle."

You're welcome.

>> No.10010091 [View]
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10010091

Strong support at $5800. Someone said CME drops futures if it goes past. So, it probably won't happen.

>> No.10006984 [View]
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10006984

>>10006964
Kek. Now I need to make sure I have enough for a surrogate

>> No.10006186 [View]
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10006186

Well everything else has failed for me. Might as well follow this advice.

>> No.9988705 [View]
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9988705

I'd invite him over for an after party

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