/biz/ - Business & Finance

>>18250285
>Ok but you would hold even if BTC and the rest starts crashing ?

I would not advice anyone to hold or not that's a personal choice.
I think they will moon massively due to fiat collapsing due to 5 decades of retardation since the end of bretton woods.

The mistakes of 2008 not being fixed are now being paid in full with the system collapsing due to a fucking flu.

>What’s the point if prices crash ?

Price will crash and go up , and so on , every investing has it's risk.

But contrary to PMs, crypto advantage is that you can send them all over the world without anyone giving a shit.
While other hard currencies like gold been cucked and can't even be taken in a plane.
Hell cash is now cucked too and central banks are about to move to negative interest rates which is already destroying europe banking system.

>I don’t mind paying taxes but if gov issues there own cryptocurrency like Europe is going to do this year why would I hold on to BTC and others

Europe won't issue their own cryptocurrency , laggarde and other cucks are even afraid to use the world cryptocurrency , they call them central bank digital currency (aka the same shit we have with digital banks but bypassing the bank).

So a centralized ledger in a database , like paypal but state funded and even more orwellian.

Boomers are desperate and don't know how to fix they made , their generation motto "it works for me" has been used for far too long and now they can't pass the bullshit into the future because corona stoped the system and the house of cards is falling.

>>18176192
>You didn't read my post. Those 85% corrections were not back to the same level. Each 85% correction occurred after a new ATH. We haven't had a new ATH and if we go back to 3k, it'll be the second 85% correction from the same ATH.

Ok so you are not a retard , yes that's a good observation.
However you are not noticing that bitcoin since march 2019 has been outperforming previous halvings.

For example the top of the first halving bullrun was 1050 usd in 2013 and yet at the 2016 halving btc was not even 600 usd the maximum it reached was 500 usd.

So half the price of the ath, this time we reached 13k for fucks sake a year before halving i may add.
We are so ahead of schedule that it's understandable why people get blackpilled when it goes down.

The ammount of dormant coins is increasing so fast that we are outperforming the previous halvings.
Of course when the buying volume stops for example due to current deflation the ammount of mined coins is the same and btc corrects downwards.

BTC has a great future ahead.

>>18095373
On the bright side so many dollars entering in circulation may stabilize china if they truly fixed this shit and may prevent a collapse in trade when medical supplies are needed fast.

But it's starting to look too much when 3 trillion is just the first short term stimulus.

>>18031809
Based

>>17973371
>bear problem

Soon bitcoin will be floating over a massive ocean of fiat.

>>17966512
He is right but repo are short term operations , that said mnuchin and the fed will do two stimulus that represent 55% of the us monetary base(the equivalent of 50 years of printing in a few months).

AHAHAHAAHA YOU CAN'T MAKE THIS SHIT UP
https://twitter.com/binance/status/1240630857729060865