/biz/ - Business & Finance

>>16390315
This is amazing, desu

>I googled how to take screenshot

Kek’d hard good find OP

>>16390416
"My screen was dirty"
Kek

>technically I was the last year of baby boomers
>they didn't look at the substance of my post
Unironically coping

>>16390315
Peter Schiff is a fucking scammer, prove me wrong.

This guy is fucking hilarious. Listen to him shit talking Bernie Sanders at 40:00

>the boomercast

Boomer kike

Hard boomer cope

Cope: the podcast

cant wait until this boomer is forced to pay for his nursing home care in ETH and he realizes he has missed out on the fourth industrial revolution and the greatest wealth generating event in the history of mankind because he was obsessed with shiny rocks

He's right, you know>>16390656
>>16390648
>>16390627
>>16390613
>>16390603
>>16390594
>>16390416

>>16390315
>Talking about TA like it's not a psuedo science
>Calling other people idiots
Not going to make it

>>16390315
.
holy fucked trolled KEK!!!!!!!!!!

>>16390690
He fucking says the same bullshit all the time for years on end. Like, yeah no shit he'll predict the business cycle once and a while.

>>16390734
Peter Schiff is right

>>16390661
this is what makes me mad about peter

a lot of people also wouldn't put their money in bitcoin, but if you're 'too smart' to look into crypto at all you're gonna fucking regret it.

>>16390315
He's right desu

dude has a hafro. hes halfrican. hes a jew mutt nigger with white skin but nigger dna all the way. hes also half retarded like a dumb nigger but jalf a brain, so he makes up for his nigger brain by deception, bribes, nepostism, and jive talk nigger shuckkin. fuck niggers white niggers or black niggers dont matter. schiff is a full on nigger

>>16390812
He's right you know

>>16390827
would be fun to find out how much gold schiff has stolen. Hes a nigger and nioggers the poor bastard monkeys cant help themselves from stealing when no one knows or they think no one knows. Whos gonna find nigger schiffs stolen gold?

>>16390416
AAAAAAAAAAAHAHAHAHAHA AND THIS IS THE GUY DERIDING BITCOIN

>>16390315
HES not right. He thinks there should be little or no government, but reality check. Government is huge. And government will meddle in the economy, including prop it up for pensions, insurance, and dollar stability.

He also thinks governments will go back to trading gold and silver for commerce. As if people are willing to wait a month to get their umagi dry age bags.

>>16391056
>He thinks there should be little or no government, but reality check. Government is huge.
I wish water tasted like iced tea but wait, no it doesn't taste like iced tea, it tastes like water. Am I wrong? No, wrong isn't even the right word to use there.

>>16390315
Absolutely seething.
Take your EEKonamiks and shove it up your krinkley ass hole you old boomer.

>>16391056
>ought implies is

https://youtu.be/VW8T4r92pns

43:39

Him BTFO Elizabeth warren and transgenders

>>16391113
It is when he’s telling you to buy gold, smoothie. Gold market is completely cornered. But keep stacking so your dealer can pay his bills in fiat.

>>16391083
You’re a retard. Rubber meets the road when he says buy gold and baghold for 10 yrs while the markets been up 200%. But keep buying gold so he can pay his irs bill.

>>16390614
Yes, objectively the best social commentary on youtube.

>>16390661
He's rich and you're not. Cope harder and cling onto your literally nothing coins.

>>16390812
>Has never heard of a jewfro
Jesus Christ, have you never been out of your mom's basement?

>>16390315
ahahaha what a boomer

>>16390315
does he not understand that bitcoin went from 4k to 14k because of the one plus token ponzi scheme in China? his TA is absolutely fucking useless for these cases, what the fuck is he talking about when he says 'head and shoulders', cause that chart is not saying anything

I felt that podcast was like him having a talk with us guys. I hate boomers but I like him. He's like the father I never had

>>16391261
hahahah you retard motherfucker. jewfro is a halfro is a nigger hair dna mark. you have on idiot. We both know that. Now you know the dark truth, you are a nigger, you are a cast out african, also cast out from dozens of countries with more to come!

>>16390315
>I googled how to take a screenshot
mememagic continues to be real

>>16390594
>>16390594
fucking lmfaooooooo

>>16390812
never seen a seethepost quite like this, grats sperglord
>>16390627
>>16390648
>>16390656
samefag kikes are out in full force

He's trolling lmao

>>16391261
Try not to seethepost this hard, it's embarassing

i like schiff.

>>16391316
You're a faggot and deserve a dumb faggot father like him, lol.

>horseless carriages
he is funny

>>16390315
Holy shit I thought you all were exaggerating but this guy really has no coherent arguments against Bitcoin. He says he understands it but clearly he's on the short end of the Dunning-Kruger.
>It's based on nothing!
>"fiat cryptocurrency"
>Look it's going down! You've all been wrong for the past two years!
>Bitcoin went through a massive speculative bubble so all the technology behind it is invalidated! B-but pay no attention to JP Morgan and the precious metals markets!
>Gold can be used as jewelry!
>Gold is used in semiconductors!
>Invest your money in my gold-based hedge fund!
>Use my subsidiary goldmoney.com for digital currency! Much better than Bitcoin and it totally won't ever be hacked and you'll totally get your money back whenever you want!
Meanwhile completely ignoring or oblivious to the other important aspects of crypto like NOT NEEDING TO TRUST JEWS. I'm a goldbug too, but the goldmoney shit he always shills is fucking retarded. Not your keys (to the deposit box) not your coins

>>16391815
This kills the Schiff Will Win !!L6zziHG8/KZ

>>16391815
>(((you all)))
kek the average late adopting retard that thinks he'll be a millionaire off pixels
do you even realize the NSA jews created bitcoin for an easy pump and dump to fund black projects?

>>16391603
Oy vey

>>16391847
no new all time high in 2 years
down over 60% from all time high
no use case other than to sell to a greater fool
no liquidity
whales sold off
manipulated tether pump and dumps
but yeah you sure BTFO'd me dumbass frogposter,
keep
bleeding
out

>>16391847
>>16391849
pottery

Also no arguments found

>pixels!
>greater fool!
>nsa jews!!!
>d-dumbass frogposter!!!!!
Oh my, please be trolling

>>16391849
Notice how he can't refute any of the dumbfuck things Schiff says

>>16391889
Meanwhile in another thread
>>16391876

>>16391894
He's the /biz/ village idiot

>>16391889

Of course we canÄt? We are dumb jews after all. The enemy of mankind. The absolute fucking evil Dominators.... now take out the word jews and its true

>>16391904
The jew is the devil incarnate and the Goyim are the damned

>>16391815
oh nononononoo those reviews hahahahahaha

Well at least you can buy schiff gold TM with bitcoin hahahahahah

https://schiffgold.com/buy/buying-gold-silver-cryptos/

>>16391903
This but unironically he will be like the fags fudding crypto in 2014 and killing themselves after.

Worse maybe since a lot of the 2014 shills bought dogecoin as a trolling thing and ended up becoming rich in 2017.

>>16391889
>>It's based on nothing!
code created from NSA, literally tin air vaporware
>>"fiat cryptocurrency"
backed by absolutely nothing but "proof of work" "miners" who run codes to solve a code, you don't even understand what a fiat is, only thing BTC is backed by is tether pumps
>>Look it's going down! You've all been wrong for the past two years!
pretty much, you dumbasses bought the top and are still dropping 2 years later
and you shilled btc to 100k btc to 1mil, what a joke
>>Bitcoin went through a massive speculative bubble so all the technology behind it is invalidated! B-but pay no attention to JP Morgan and the precious metals markets!
what a fucking retard are you some ESL shill? JPM is still buying PM's and so are the other true market makers, they shilled you to buy BTC and like the braindead normie you are you bought it, meanwhile they bought PM's at record lows
>>Gold can be used as jewelry!
>>Gold is used in semiconductors!
not an argument retard, what can i do with bitcoin? sell at a greater price to a bigger retard?
>>Invest your money in my gold-based hedge fund!
metals are true wealth, not ponzidollars or the even bigger ponzi of pixels, retards like you are how they executed JFK and LINCOLN with no backlash, subhuman brick level IQ retards the lot of you
>>Use my subsidiary goldmoney.com for digital currency! Much better than Bitcoin and it totally won't ever be hacked and you'll totally get your money back whenever you want!
>Meanwhile completely ignoring or oblivious to the other important aspects of crypto like NOT NEEDING TO TRUST JEWS. I'm a goldbug too, but the goldmoney shit he always shills is fucking retarded. Not your keys (to the deposit box) not your coins
who gives a shit what platform you use to store your gold it's still better than king shitcoin
>>16391870
>>16391882
>>16391889
>>16391894
eat shit kike shills

>>16390315
>I didn't remember how to take a screenshot
>I google "hot to take a screenshot"
>it was very easy

holy fuck my sides. Boomers aren't pathetic because they don't know this shit. They're pathetic because they're so fucking stubborn and arrogant that they think it's no big deal they continuously refuse to learn how to do this shit because "it's no big deal" or make up some equally pathetic excuse for not being able to use basic technology.

>>16391927
>>16391944
kek fucking reddit spacer of course
go back to r/btc with the other circlejerkers who bought at 20k

>>16391946
Explain why PMs flatlined during the 3 QEs

https://fred.stlouisfed.org/series/BOGMBASE

Seriously Peter explain that for everyone , also explain why btc ath is exactly the same week the monetary base started to collapse in the usa.

I am sure that PMs are not supressed and manipulated right?

>>16391946
>backed by absolutely nothing but "proof of work" "miners" who run codes to solve a code, you don't even understand what a fiat is, only thing BTC is backed by is tether pumps

That's the same than PMs , PMs have a high price because

1_They have low inflation

2_It cost to mine them

Pow coins using satoshi game theory do the same but artificially.

>only thing BTC is backed by is tether pumps

Nonsense tether is supressing btc price tough i am sure bitfinex faggot is using it to rekt people using his own cassino from time to time.

Only reason tether shows so much volume is because it's a good proxy for daytraders to store their wealth between traders without worrying about banks or exchanges.

>googled take a screenshot
Fucking kek.

>>16391956
do you even know what is basic technology? have you touched an axe? a wrench? a saw?

>>16392000
>have you touched an axe? a wrench? a saw?

>>16391980
>Explain why
two words for you reddit
futures derivatives
>muh bogmbase btc ath same week
kek and then let me point out the 100 times btc tanked and gold/silver went up, to think that there are retards on this board right now that truly believe BTC is will moon in a financial collpase, holy fuck

>>16391913

I know your philosophy, and it it might be true on a global level, I donÄt know, haven't researched it, but right here right now. I AM the power. No jew involved, u understand? And THAT is what I hate about /pol/ you say something that just slightly does not fit the general mindset.. answer: jew
How stupid
We did not get famous by being stupid anons

>>16392008
ok, i will turn it another way. have you recapped a motherboard or repaired a powersupply?

>>16390315
put this in the sticky

>>16392027
>if you mention jews you must post on /pol/
75 iq, open up a history book

>>16391993
>nonsense tether is supressing btc price
The
Absolute
State
Of
This
Fucking
Board

>>16392045

are u drunk?

>>16392019
This is the stupidiest shit i read this month.

>100 times btc tanked and gold/silver went up

Look at btc gold charts the last 10 years , the fuck you are talking?

>to think that there are retards on this board right now that truly believe BTC is will moon in a financial collpase

BTC will moon anyway it will have lower inflation than fiat and gold next year it will moon in a good economy or bad.

And regarding your image holy fuck it's retarded as hell and regarding the NSA go check what happened when satoshi left the same week.

https://bitcointalk.org/index.php?topic=2216.msg29280#msg29280

https://en.wikipedia.org/wiki/Portal:Current_events/December_2010

>>16392035
Imagine unironically thinking your impressive for doing this. Are you sure that you aren't a boomer?

>>16392051
What's your point by dec 2017 the price was 3000 and the capitalization very low every faggot here was waiting to buy at 1k.

Check every btc ath and post collapse it was always 83% from the top.
Also bitfinex is a fucking scam i give you that but that's not crypto or bitcoin just a fucking company runing a cassino and tether is how they win as the house by manipulating price short term.

>>16392068
> because during a recession people will put money into bitcoin instead of paying their bills and food and for their kids.
yeah! fucking yeah!

>>16392105
has nothing to do with people btc supply is fixed and governments print in inflation.

Fixed supply goods will always increase in a recession and post recession , housing is a good example they survived 2008 pretty well despite all the crap.

>>16392126
>and governments print in inflation.

IN RECESSIONS

>>16392077
my point is. computers are anything but a basic technology. i am pretty fucking far from being a boomer but I was not born with a chip inside my brain neither. if you think that computers are basic technology you deserve to get chipped and get sent to a labour camp where you are forced to write programs in c 18 hours per day.

>>16390315
lol a kike shilling for a kike "bloomberg" for president.

>the boomer lashes out in anger

>>16392000
>>16392000
lol found shiff , fuck off kike.

>>16392126
i get that if the dollar plummets bitcoin and gold will rise because they are measured in dollars. why not measure bitcoin in some other fixed supply asset? your dollars will be worthless anyway by the time bitcoin hits 1m dollars. what are we actually chasing here?

Imagine the best you have to contribute to emerging technology is a cell phone photo of a bunch of lines drawn on a USD price chart.
Imagine being so full of yourself that you want people to applaud you for your shit half assed effort
Thats why we say
OK BOOMER

These generational dick measuring contests are pretty gay.

>>16390812

>>16392187
Because fixed supply assets are a myth , the closest thing to it was gold and silver due to their naturally low inflation(check stock to flow ratios).

Since the end of bretton woods there is nothing fixed at all , maybe housing would be a good meassure of purchasing power in that regard btc won again and so did all cryptos following artificial scarcity game theory.

>>16392068
>>16392097
>tether suppresses btc
Yeah you’re dumb as shit and you already exposed yourself retard

>>16392077
So you haven't.

>>16392248
if tether was never created day trading fags should use btc due to it's low inflation relative to all other cryptos.

Fuck Tether

>>16392247
in the roman empire they paid a monthly salary to centurions the amount of gold which today would be worth around 4k USD. how much is a special forces operative paid today?

>>16392293
No idea but the Roman empire is a good point on why btc would be bullish also the salaries are irrelevant post 1971 since all refernce to hard goods is lost now , specially after 2008 which is why milenials don't own shit salaries collapsed relative to hard goods with low supply or hard to move.

https://en.wikipedia.org/wiki/Denarius

>>16392260
>tether suppresses btc
Kek, without tether poofs and prints btc would be at $100 or less, tether propped up btc which props up the entire crypto market

>>16392313
Do you have an idea of how tether is used?

They print more due to demand and the demand grows because more and more people are trading.

This is why tether has more volume than exchanges ,it's not a fiat ramp but it's a stable place to surf the price movements.

If tether was printing non stop and collapsed btc price would remain untouched and people that moved their capital to tether would be rekt , this goes also for exchanges that are tethered up.

>>16392310
its not irrelevant and nothing was lost. its just the dollar which lost its link with gold which let dollar run crazy.
what I am saying is gold will remain the most stable stable asset for a looong while more.
the only other asset which is as stable in value is dirt which has been zero since pretty much forever.
maybe bitcoin will be added to this list of stable assets if more people held on to it but as long as there are other assets which do not follow bitcoins price (like pretty much everything else) there will always be speculation induced swings. does not matter if its the dollar or swiss franc or gold or cocaine.

>>16392407
>what I am saying is gold will remain the most stable stable asset for a looong while more.

I would disagree due to paper gold crap , the fact that gold flatlined for 10 years of QE say they got it by the balls.
In order for gold to not be controllable they would need to remove paper gold , of course in order to do that people will need to start to use gold for purchases and transfers and that does not happen.

This is why btc went up during the 3 QEs and gold did not , in order to do the "paper gold" crap on btc people would need to leave it 90% of times in exchanges , however no one is buying for real in "exchanges" that let you buy fake btc people want them in their wallets which make bitcoin a impossible to tame asset.

Sure they can have things like etoro buy "bitcoin" but those are the minority and will never be the majority because people are using this for real to do wires so if the price is maniuplated and dissorts a lot with the street price then people will want to cash out to their wallets returning the price for real to the street price.

dirty screen

2

>>16392436
well, thats paper gold and the recent qe. i am talking about 100 years. no one care in a 100 years about some paper gold notes and neither the paper bitcoin notes and maybe not even bitcoin itself as we might not even have computers in 100 years...
the 10 recent years of bitcoin and all this is nothing in the grand scheme of things. anyway I have to go to sleep. godspeed to you all

I'm not a Schiff fanboy but some of the arguments I see against him are retarded.
>Goldmoney sucks
From what I can see he's barely involved with it, the man's got like Five companies to run.
>he's not good at making predictions, broken clock, etc
From an Austrian perspective nobody could've known that the bubble would keep inflating this long. If things had just happened a little differently we could've easily had the crash before 2013. Doesn't really matter though, since the longer it inflates the more we stand to make.

>>16392485
Have a good night anon.

>>16392324
>why no you absolutely cannot buy btc with tether
>why yes if tether died btc would remain untouched
How delusional can you be?
Damn you are shilling hard as shit that btc is not correlated to tether, i wonder why

>>16390315
pic related shows peter schiff taking a screenshot

>>16392628
>Damn you are shilling hard as shit that btc is not correlated to tether, i wonder why

Because btc bigger gains in price happened before tether even existed btc first halvening was way stronger than the one in which "tether" did it.

Tether is supressing price by allowing people to daytrade without using real cryptos.

I hope none of you retards are actually voting for trump

>>16393748
who should we vote for

>>16392758
Tether provides the liquidity for wash trading to happen, but since the market doesnt assumes tether parity with dollar its the same as a fiat onramp.

>>16393748
thx for the random ass bump bro

>>16393777
I mean it does assume parity with usd. Tether = fiat.
Also checkem

>>16391946
Ok boomer

I buy bitcoin, gold and silver

>>16393816
same. gold preservation. silver small risk. btc moonshot.

>>16391316
This, schiff is actually really smart, even if he’s a dumb boomer when it comes to bitcoin.

>>16392019
Hey could you tell me why you’re using that pic when it was created at the literal bitcoin bottom?

The Schiff has sailed.

>>16390315
hearty keks

>>16391316
He's actually completely right when he talks about raising the voting age and having restrictions on voting for dumbos at 47:00+

so happy for you millennialbros
you take their boomer shit talking for years and now you get back at them and they can't handle it, it's hilarious

t. zoomer

>>16395087
Bitcoin is the milenial rebelion and the boomers are scared at how much it's gaining strenght , they are doing everything they can to stop it and as soon as they think they won it gains strenght again.

>>16395099
feels kind of bad that I was too young to know about bitcoin until it was too late
if I was born a bit earlier I would have certainly been the kind of loser that mined/bought a bitcoin or ten for shits and giggles
it's ok though as long as boomers keep seething and don't make it

>>16395145
it's not late zoomer you can still ride the momentum of the btc halvening.

https://www.tradingview.com/chart/BLX/oKh54NhX-Bitcoin-Halving-and-Charting/

Buy litecoin ,ALL YOU CAN it's going to moon with bitcoin too i am speaking of 60x rewards by 2021 from now.

>>16395181
I'm planning on buying bitcoin when I get a job
>litecoin
I've seen tons of FUD about the lack of development and other stuff concerning that, is it all bullshit?
never really looked into litecoin

>>16395268
>I've seen tons of FUD about the lack of development and other stuff concerning that, is it all bullshit?

No it's all true and it's bullish as fuck ,litecoin was the first altcoin and was created to be bitcoin but better , faster (2.5 min per block instead of 10 min) , also uses another hashing algorithm(scrypt instead of sha256).

Why is ltc bullish as fuck now?

1_It uses btc game theory of artificials scarcity

2_It has very low inflation since it's old

3_It will catch btc inflation in 2023

4_It dominates scrypt hashrate meaning it can't be 51% attacked

5_it's so old it has massive liquidity in every exchange

6_It always goes up with btc.

7_It has no development(it has little but this is not bad over the contrary this is bullish as fuck this coin is on autopilot now)

Yes ltc will be more risky investment than btc but for a zoomer it may be the best chance to enjoy 2017 style gains.

>>16395352
hey thanks man I really appreciate the help, I'll certainly look into LTC
hope it hasn't bottomed out right now so I can buy a little lower when I have cash

>>16395412
it's going to bottom soon , the hashrate of ltc is no longer collapsing so weak miners have capitulated.

Also if you have a good pc you could look into mining monero once they changed the hashing algorithm to randomx in some days since it's going to be cpu minable.

>>16390315
Peter is BASED unironically

>>16390315
Peter Schiff is the last honest man alive

>>16391815
These reviews only prove that he is a legit successful jew. I am actually helping my clients and they are happy, he is not, still has more money. He is my hero.

>>16395965
I'm sure with that many clients, you're bound to have some bad reviews.

Jesus, this dude is unironically retarded