/biz/ - Business & Finance

>>18696843
Note the gold peak skyrock happens (( during )) the recession. Selling now is simply the stupidest thing you could possibly do.

>>18696843

Normies still can’t buy bitcoin. I know coinbase seems easy to us, but most people won’t invest in anything outside of their savings accounts - certainly their financial advisors won’t recommend it, because they have no way to get a slice of the fees. Until an ETF is approved, we won’t truly have the golden bull market.

>>18696843
>their financial advisors

>>18696843
>just wait 20 years bro

>>18696843
>id
FOK U

ebin bread, im comfy in my overleveraged long positions

>>18697337
Twenty years isn't even one grain in the sands of time, anon

Rainbow chart is true BTC chart

>>18697389
Fuck you.
I'm 26 and I don't have 20 fucking years to wait for shit, I want to take my moon cash and enjoy life until the next near-apocalypse.

Right lets get one thing straight about normies.
Virtually all of them I’ve brought bitcoin up to have gone ‘lol does that still exist hurrr’. Bitcoin hasn’t even been on their conscious and even less so now and any of them who actually think enough to invest are all talking about stocks and oil, maybe gold.
Do NOT rely on the normies until bitcoin goes on another rampage, they simple don’t care about it which in all honesty is a good thing. We are getting into this shit at the same time as the Jews, I’d rather that than the same time as Tom and June from next door.

>>18697452
Also this

>>18697493

Its when normies go to the grocery store and eggs are $4.99/dozen, milk is $7.99/gallon, bread is $4.99. Then the next month eggs are $6.99 and milk is $9.99, etc. People will start to freak the fuck out. I think gold and bitcoin both start mooning hard as fuck in a few months.

>>18697546
And when we inevitably hit negative interest rates

>>18696983
what about cash app and robinhood and GBTC with your IRA. seems pretty easy to me.

>>18696843
PONZI SCAM

>>18696843
ok brb gonna wait 25 years

>>18697546
We have a managed economy.
Things will never get that bad.
If they do, then people will simply stop buying from stores and start buying from the local growers and farmers.

>>18699019
Oh, and if you think I"m full of shit, ask why seeds and farming equipment was made illegal to purchase in some state

50k-60k is the top of the next bull run. Because muh meme lines say so.

Yeah but what about my XRP

>>18696843
>I believe it should crab a bit longer, but the outlook is stellar.
>Saw a post a minute ago about that this is the "last chance for whales to get out" -- are you high? If anything, this is the proverbial bull run. Everyone has a Coinbase account now. Everyone has heard of Bitcoin. The vast majority of people's retirement funds have taken a dip.
>Inflation is setting in across the world.
>A massive recession/depression is looming.
>Bitcoin was unironically made for this.
>Do not sell, I repeat, do not sell.

I wanted to buy some Bitcoin, but realized it is dangerous.
Whales are slowly moving out and 80% of BTC miners are in China, and we all know what "private property" means to the chinese.

Yes, the halving is close, couple weeks now, could be even less but guess what? in July 1st the Mt.Gox rehabilitation plan enters into play and that could bring on a full crash.

Will BTC die? dont think so, but its obvious chinks will cash out, and the thing will drop rock hard bringing about the real bubble pop. I feel this is the thing that might truly kill the shitcoin market. I will just invest in ETH for the moment and a few PoS tokens.

Still stablecoins like Theter and Dai might see trouble with the USA because of inflation, this is all so speculative.

this is fucking sad

>>18697337
>>18698971
>>18700443

Except bitcoin is a globally accessible market that runs 24/7, the cycles take a much shorter time to play out as we have been seeing. Also op's image is wrong we are more like in 2004 and ready for liftoff

>>18700923
Literally this. Crypto markets are moving much faster than anything we've ever seen before, and are gonna keep the pace due to the 24/7 trading and the huge presence of bot trading

>>18699019
>>18699032

Kek, growing your own food is illegal. Land of the "free".

https://www.earthisland.org/journal/index.php/articles/entry/local_laws_ban_front_yard_food_gardens/

I hope BTC moons again, but I have my reservations. The main issue I see overall is that bitcoin isn't achieving the goal it set out to do. It's pure speculation. Nobody is actually using it for real transactions. I feel like it's destined to flounder if this remains the case.

>>18696843
Yes these charts are eerily similar, was comparing them the other day. Bitcoin is like a faster performing gold

>>18696983
ETF's have been approved...
QBTC.U on the TSX, and several are awaiting SEC approval for the NYSE