/biz/ - Business & Finance

Crypto will go down along with everything else. At first....

I hops you know the parenthesis you are using is an anti-Semitic trope. Please do not use it again, thank you.

>>15266602
>implying jews aren't the cause of every crash

((( >>15266602 )))

>>15266584
calm down this crash is 2 years over due trump actually averted longer than democrats would ever have. this was coming, effect should be seen this year Q4 and Q1 next year; recession is coming. banks are defaulting. last time these things happend was in 2008 we are about to repeat 2008 to 2018 all over again, crypto is going to moon beyond comprehension and expose the broken fiat system.

>>15266584
>WHY IS THIS EFFECTING CRYPTO?
If you think crypto is a risk-off asset you are actually retarded

>>15266607
>>15266618

Reported.

>>15266602
nice (((bait)))

people need cash to meet obligations, which means they are selling everything.

the only reason why gold isn't dropping is because the demand is sky rocketing and manipulating the price has become expensive.

crypto is going to boom, just wait until the weak hands are shaken out. relax my fren, trust us, trust /biz, trust your frens.

we all gonna make it

>>15266602
>brown id

>>15266584
China owns ALL of the hashing power BASED TRUMP WILL NEVER LET THE CHINKS WIN

>>15266639
Bitcoin is literally $10,000 dollars, the fact it's not worth pennies or nothing is proof it's been a major source for escaping wealth for the last 10 years. It's just fucking volatile which is expected for a new growing asset. No one said the march to a million a coin would be easy.

>>15266584
Singularity incoming!

>>15266687
it's inflated by alt coin assets. Truthfully, BTC would be waaaaaaaaaaaaaay lower. But alt holders are dumping their assets into BTC.

BTC is in a way artficially held up by sucking up altcoin assets.

I DRINK YOUR MILKSHAKE

https://www.youtube.com/watch?v=GX-9wXFQRgA

>>15266660
Wait fren i need to invest first.
I'M NOT READY YET!

Calm down, OP. Watch the movie The Big Short and notice how their bets against the housing market were going shittily at first. They were feeling absolutely rekt until shit really hit the fan.

We're all gonna make it fren

>>15266584
Hey. Faggot.

>>15267367

I have seen it, and i hope so.

The music is about to stop frens.

It's already over kek.

anyone else excited? we are entering the 2020's at full fucking speed into oblivion. its gonna be a wild fucking decade.

>>15266584
The reason for currency devaluation and selling is Chinese New Year. This happens every year and autists sperg out needlessly. People want to secure profits so they can spend more on their families during this season. Expect prices to bounce back in a matter of weeks.