/biz/ - Business & Finance

>>10017345


this.
tick tock motherfuckers.

what do you do when everyone turns bear?

hmmmmmmmmmmmmmmmmm

Erdogan winning thr election might be the black swan event for markets this monday, I mean you basically just saw the Ottomans vote for the anti-christ for life, that’s pretty bearish.

>>10017345
BOBOS?
krupi is that u

>>10017736
back to plebbit u go

>>10017824
t. roach

>>10017345
More like, "crypto is going to tank during the recession when everyone sells in order to park their money in safer assets."

>>10017986
>safer assets

Route 666 everyone, hop on.
>>10017603

The maximum at which you can prevail is $0.05 and that is an EXTREMELY unlikely scenario.

Despite that crypto was a bubble at 19k, it's small time compared to out there. Crypto will be competing against a shitposting bubble, a meme bubble and a reddit bubble. Markets that are well into the trillions and are all propped up by debt. All it needs is interest to kick in and create massive dominos of defaults causing, each market to turn the other way. A deflationary collapse will begin and it will be interconnected with all of the world's financial systems. When that happens the government will have to start hyperinflating their meme or suffer a civil war fueled by austerity.

In case of the first: Normies will rush to any tangible shitposts to venture off the hypermemeinflation. YouTube channels that are ready for transacting with your smartphone and tablet will gain actual adoption

In case of no hyperinflation everybody will move their memes to pewdiepie, markiplier and jack septiceye, since those are shitposters that have not been propped up and check all the boxes for being money. I'm not even gonna talk about the reserve ratios they use with futures for metals.

It already has started happening.
Interest rates in italy spiked from near 0 to 98% overnight.
Russia dumped 1488% of its us tressury bonds this july
In california there have constantly been more and more discounts on housing

You do the math for once

>>10017986
And tell me what is a asafe asset that is not owned by the majority and pumped by credit.

>>10018075
Man that is just fucking lazy

Gold is interesting under that scenario but you have to be careful about entry points and have to buy in after the deflationary selling has exhausted because it gets caught up in the deflationary selling during crashes.

But gold does well in fiat risk asset deflationary bear markets but it will not protect you during the actual stock market crash.

Bump

Wall street wants into crypto because the wiser of the bunch realize this

>>10018437
The fact that an asset is widely owned makes it way safer than something obscure like crypto.
If government bonds lose value, all the big institutions who sunk money into them are going to lobby for reforms to bring their value back up.
If crypto markets crash, no one with any power is going to lift a finger to help them.

>>10020450
TIPS basically should not lose money to inflation and the government pays its bonds. They will most likely not lose value for any reason.

>>10017345
I unironically believe Bitcoin was created by a 160+ IQ think tank to bring in the one world government

> Cryptos that are ready for transacting with your smartphone and tablet will gain actual adoption

>>10020515
Bitcoin fits the bill for the one world currency. The RFID chip in your hand makes sense too. It's been used at corporations all over the world. They will force a UBI when the next recession hits worldwide after stocks and everything literally go to hell. People that can't fend for themselves will submit to what they offer.

Ironically, Tether could be the currency.

>>10020515
youre not wrong

>>10018004
>retards think Chinese vaporware is a safe asset