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/biz/ - Business & Finance

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10114778 No.10114778 [Reply] [Original]

The crash will begin tomarrow at 930 am ET. My company is pulling out of all stocks and re evaluating our asset choices. Do what you want with this information. Crypto may hurt a little at first but things may turn around quite quickly.

>> No.10114875

Sure thing boom town

>> No.10114902

>>10114778
https://twitter.com/Bamabroker/status/1013625614174244864

>> No.10114907

>>10114778

What kinda retard thinks crypto would be worth 40 trillion that is more than all the stocks or all the land in the us is worth. >Yes sir, i’ll take internet Monopoly money over all the companies on earth or all the land in North America

Are cryptofags really this delusional?

>> No.10114923

>>10114907
its a global asset class retard. what you dont get is this is the new economy and every stock will soon be tokenized. IPOs are worthless now. get with the program or lose out

>> No.10114986
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10114986

>>10114923

>productive companies that hire people, make trillions in profits or real estate that generates trillions a year in rent.

>here is this vaporware Internet money that has been in existence for 8 years that are used by neets and losers to scam each other

Really makes you think

>> No.10114994

>>10114778
holy shit this actually makes sense
whats company do you work for?

>> No.10115022

>>10114986
https://finance.yahoo.com/news/sen-warner-crytpocurrencies-transformational-cellphones-180634108.html

stay poor faggot

>> No.10115092

>>10115022
I am hoping the US economy falls on the floor so I can buy a house one day, but I'm pretty sure crypto is not set to be embraced by business infrastructure any time soon.
Media outlets in the USA have been fudding crypto since the beginning and newscast writers aren't going to do a 180 any time soon unless foreign powers come to collect on US debt.
My guess is that USA will false fag itself into another war before the dollar loses it's ability to dicker around with the rest of the global economy.

>> No.10115112

why is it always Commies and fagcaps saying the market will crash? Sorry sweetie uh Trump won and theres nothing you can do about it :)

>> No.10115118

>>10115092
>but I'm pretty sure crypto is not set to be embraced by business infrastructure any time soon.

Bitpay is already used by thousands of merchants. You're a little behind the time

>> No.10115174
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10115174

>>10114778
>Crypto may hurt a little at first but things may turn around quite quickly.
If the stock market sinks so will crypto
People with money would rather invest in something safe like property rather than something more volatile than the tanking stock market
People without money wont be investing at all

>> No.10115416

>>10115118
On a normie playing field level, the only crypto-esque method of payment I see people adopting is the Walmart PayApp.
But people just link their debit/credit card and zoom along...
Pretty sure no particular crypto will ever be seen as a world currency in our lifetimes, anon. And I'm saying this as an ironhands bagholder...

>> No.10115426

>>10115174
But what if dollar deflation causes assets like real estate and businesses to die too? I think the smartest of moneys has been hoarding precious metals for a while now...

>> No.10115535

>>10115416
The cash app is pretty much the same thing as venmo, I assume pretty similar to the walmart app as well, but you can buy/sell/receive/send bitcoin through the app as well, for around 1% fees (which is better than coinbase for transactions under $40).

Recently I considered how someone could hold their savings in bitcoin, transfer their monthly spending amount to the cash app, and use the cash debit card for everyday purchases.

Even though everything is not ironed out now, I think it is shortsided to say that no universal currency will ever come to universal acceptance.

Maybe different socioeconomic spheres could have different systems, but I don't see some use coming from an open source money system.

>> No.10115541

>>10115416
>>10115426

>Pretty sure no particular crypto will ever be seen as a world currency in our lifetimes
>saying this as an ironhands bagholder...

pick one faggot. btc is going to far greater values than 1ml very soon anyway you interpret the word soon. it's happening.

>> No.10115548

>>10115535
Some use *not coming

>> No.10115651

>>10115541
I didn't say I'm expecting crypto to be worthless, I am just down by a huge margin and am hoping to find a useful way to spend my coins or cash out with SOME kind of gains. Would be nice to travel to a country where my funny monies could buy me a mansion...
>>10115535
I have hope that my current outlook will fade and some form of crypto takes off, but the current state of things is that moneybags are manipulating the value of all cryptocurrencies... Whales are shitting on everything and our only hope is for fiat failure in big countries.
Will be eyeballing the news for the next few days to see if OP isn't a faggot

>> No.10115743

>>10114907
>>10114986
fuck off kike