/biz/ - Business & Finance

>>19962901
There are no reserve requirements. They literally don't need any money to lend.

>>19771228
>Hourly bitcoin up or down thread
I look forward to reading these threads 25 years from now when I'm relaxing in my space citadel

>>19770492
No stinkies
4/10

>>19698121
a ponzi that has survived the worst economic collapse since the great depression without any government assistance.
how's that paycheck from the bank treating you?

>>19661985
literally stop what you're doing
take a couple days in your free time to read and understand bitcoin
if you're actually here for advice, there's actual advice.
if this guy keeps playing dumb just let this retarded thread die for any of you reading in the future.

>>19657764
>women
>window shopping
>supporting man loses job / gets hours cut
>no more window shopping

>>19429237
1st rule. Not your keys, not your bitcoin.

If you have any intention whatsoever on holding bitcoin long term, you NEED to pull your bitcoin off the exchanges, because if the exchange exit scams or says "oh we got hacked everyone's bitcoin is gone" because people are withdrawing more bitcoin than the exchange physically has because the exchange didn't buy as much bitcoin immediately because they're betting on the price of btc to go down then buying it with your money, THEN you will lose all the money and bitcoin on that exchange.

There are multiple ways to do this, I will give you the one I recommend.
Setup your BIP39 Mnemonic and passphrase and generate addresses OFFLINE ON SAFE BOOT, do not have any form of your private key written or stored ANYWHERE, then keep your mnemonics and passphrase safe with redundant backups OFFLINE or IN PHYSICAL FORM. burn the address from your list once you withdraw from it and don't use it again when you intend on selling/using your bitcoin in the future.

Right now there is more bitcoin in circulation than actually exists, just like a bank won't stop selling you gold just because they don't have actual gold in the vault. They're betting on you not withdrawing the gold, just like exchanges are betting on you not withdrawing your bitcoin. I'm going to go eat dinner.

>>19184203
>FED is doing its job
Google "FED ETF"
I'd like to see you try to spin how the FED is doing their job on this one.

>>19144600
>no more slavery for the jews
lol imagine thinking it's over, when it's only just begun.

>>19082142
somebody who doesn't understand the purpose of bitcoin.

>>18760848
>bitcoin
>bull trap
You seem like the kind of guy to buy gold one week and sell it the next because it went u̶p̶ ̶d̶o̶w̶n̶ ̶u̶p̶ ̶d̶o̶w̶n̶ ̶u̶p̶ down. That's not how long term investments work fren

>>18538286
>crypto is not like gold. there is no limit to the amount of crypto coins that can be invented
correct, but this is also why bitcoin is the only crypto actually worth buying and storing in an address off the exchange. Because it is the first, there will always be more cryptocurrencies in the future, but bitcoin is the first. That alone is what gives it value. It exists as a scarce entity BECAUSE it is bitcoin, and not any of the other thousands of altcoins.

>>18350833
>implying it won't moon because there's no reason for it to.
Imagine having this much faith in the global economy, I'll pray for your soul.

>>18332477
Because a good market means a good economy! right guys?