/biz/ - Business & Finance

>>49907683
>decades of fraudulent monetary policy
This shit really does go back to the 2000s doesn't it? Fucking embarrassing.

>>18808502
Supply and demand
When times are hard people need cash to pay bills and food, so they sell btc/stock/gold/whores/horses etc.
If more people are selling than buying, then whatever's being sold loses value.
A litteral child could understand this.

Federal Reserve is mammon incarnate and usury and fiat currency are literally (black) magicks.

GME puts anyone?

>>13975750
K have you looked at the chart yet? It doesn't matter what the company's doing if the charts are retarded. Atm it looks like FB is gonna follow 1 of 3 routes, given the current overall market environment:

1. Break the 175 region and head down to ~165 before finding support, ultimately to go back up

2. Break the 175 region and head down to ~125-135 before finding support, ultimately to go back up

3. Hold the 175-180 region before going back up, or trade sideways

Important points: never in FB's history has there been some retarded unforeseen spike or plummet, so that isn't really even up for consideration

ATM to me FB looks like a long above 175 and a short below it, its actually an exciting time for the stock right now

>>11929504
>i put all my savings on OMG

>>7488827
I lost my dad when I was 20 OP, to cancer. You are stuck between a rock and a hard place, but if your dad is a good dad you'll feel like an enormous piece of shit if you don't step in to help. You can keep your crypto gains and feel like the biggest asshole on planet earth for the rest of your life or you can do what you need to do to help and go the rest of your life knowing you did everything you could. There's no easy choice, so choose wisely.

>>7206737
>In December 2017 announced that they were suspending the ability to redeem tokens for fiat pending 'migration to a new platform'.

How much fiat is actually in the system?
Not USDT but actual fiat when people start trying to buy fiat for crypto this whole thing ends

I did not know it was this bad. I never looked into tether I assumed USDT was simple fiat circulating the exchanges

>be my dad
>inherit ~$2,000,000 while living in fucking OHIO where the cost of living is dirt cheap
>Completely waste virtually all of it in under 10 years

>"My house is totally fine, better remodel it"
>"Shit, I liked it better before. Better sell it for a loss during the recession and buy another house!"
>"Ooh, gotta remodel this one two"

All while buying a new prius every two years for the better gas mileage (he drives like 500 miles a month kek) and two yachts that he only uses like 8 weeks out of the year.

TL;DR Dad inherits $2mn and within a decade is working back in his field to make ends meet. He has absolutly nothing to show for it except one boat (sold the other one already), a used prius and a completely normal ultra generic suburban house.

WHAT THE FAWK MANE?!?!

RIP My family's multi-generational fortune. Feels bad man.

>>3486179
United States of America
>kek

>>3308607
Thank you Anon, I dont think I've ever been screencapped on this board before.

You guys think that post is a joke, I'm actually 100% serious about this

Just sold all my Monero, gonna wait this one out before I buy back in. ITS CRASHING MOTHERFUCKERS, THE PUMP IS OVER!!! GET OUT NOW!