/biz/ - Business & Finance

>>22176554
buy low
sell high

>>22176554
>-2.44%
>Free fall
Boomermarkets are boring as fuck.

>>22176554
kikes taking profits before shabbos & the long weekend

>>22176696
it's real value kid, real people's lives are tied to this. not your internet chuck e cheeze tokens

Australia officially declared recession yesterday. Alot of people panic selling.

>>22177301
but is it decentralized? no? then it belongs to the 20th century, sorry grandpa.

>>22176554

Good.

>>22176937
What's shabbos?

>>22177301

Then maybe the country shouldn’t have elected a retard who doesn’t give 2 shits about normal Americans.

Crypto is the future and you’ll be stuck with paper money in a digital world.

>>22176554
Babbis first red day

>>22177301
>it's real value kid, real people's lives are tied to this.
If the stock market were a reflection of real economics, they would not have recovered from the crash in march.

Cov-19 2nd wave incoming

>>22177559
>Then maybe the country shouldn’t have elected a retard who doesn’t give 2 shits about normal Americans.
but Biden isn't in office

>>22177301
>it's real value
no it isn't you dumb faggot
look at Tesla's dividends/profits and now look at it's stock price
lmao

>>22176554
zell everyzing

Wave is rising, good chance traders/whales are picking up on the fact there will more than likely be a 2nd shut down.

>>22177559
>implying anyone gives a fuck about normal americans

>>22177626
remind me again what bitcoin's used for again?

>>22177665
not if everyone would wear a mask(unironically)

>>22177665
>>22177611
retards. covid daily deaths are 50% lower than a month ago and still just as inflated with boomers already on their death beds as ever

>>22176554
All markets are taking profit. Now we go back down to supply. It's normal.

>>22177665
no, there won't be. daily cases are actually way down over the last month.

>>22177612
You absolute moron. Take a look around you.

>>22177301
>real people's lives are tied to this
are you fucking kidding me?
look at tesla

>>22177674

>>22177721
Not happening lol Americans hate being told what to do hurrdurr freedumb. The amount of people here with underlying health issues like obesity, diabetus, cancer, hormone imbalances, respiratory issues, and compromised immune systems from various factors is going to make this wave so much deadlier. It’s spread, and it’s spreading quicker. My thing has always been that it probably takes longer than 1month to show in asymptotic cases because of the immune systems, most “scientists” put it at 1-3 weeks. I’d say 1-3 months for a healthy person to show symptoms

>>22177352
did we?
I was not aware (aussie here, yes its 5:46 am)

>>22176696
VIX is at 35 with +30% increase, this is going to crash hard. Not sure whats causing it exactly. Everything is down again, I'm mostly in crypto and metals and even those things are still 100% affected. I understand the margin call relation, but why the give in already is beyond my understanding, but I will bravely hold and accumulate even more during the way down.

How many ETH do you need for an ETH 2 masternode again?

Should I buy way out of the money TSLA puts expiring next friday?

>>22177898
Do you have an original thought, retard? Stay off social media, dipshit.

>>22176554
Apples probably more overvalued than TSLA
last time they had an idea, it would have been where to bury Jobs
>Here our all-new bestest ever iPhone #47!!!
go extinct already, you creatively bankrupt California cunts

>>22177999
Everyone on social media is claiming it’s a hoax, over blown, and debating on mask policy. No one is saying what I’m saying, or what I think is going to unfold

MY TESLA CALLS WHAT THE FUUUUUUCK NOOOOOOOOOOOOOOOOOOOOO

>>22176554
>he fell for the tesla meme

>>22177898
daily cases and death rates are both declining pretty noticeably. there's not going to be another shut down and it isn't what's causing this market shitfit

>>22177985
Hard to tell really, I recently just talked to a TSLA bull and you wouldn't believe how much they are detached from reality. It's basically a religion at this point. So I wouldn't be surprised if we get another overall 30% crash and TSLA will be up another 300%.

>>22178118
inb4 all the lockdown bullshit will go away after the election is over

>>22177922
It's a bit strange, but not really any more strange than the overall market behavior recently.
I think the drop is already over

>>22178118
https://www.cidrap.umn.edu/news-perspective/2020/08/covid-19-rising-26-states-us-hits-6-million-cases
>>22178156
I wish

>>22176554
So was /pol/ right?

Is this the beginning?

>>22178168
I don't know if it happens now or later this year, but S&P has to go down to around 800 at some point in the near future. God willst it.

>>22178064
>"scientists"
>1-3 months before symptoms arise
on what basis

>>22178144
I love how TSLA is valued higher than JNJ. Like there exists a fantasy alternate universe where TSLA has the managerial competency and economy of scale as JNJ.

You do you /biz/

This is the tense moment before the symphony reaches it's fact based logical conclusion, and Ode to Joy symphony plays, faintly first as if through a spaceship wall, then encompassing moon sound from your balls into the sun

>>22178144
Reminder: it took about $20-25 billion debt to get here for Tesla. They just raised another $5Billion in debt equity

>>22178658
The time scale/infections from the initial Wuhan incident to the European lockdowns. If you look at the data, you can sort of see a pattern in it. Also the initial people first shown showing symptoms in most cases were people with compromised immune systems/elderly people, so for the first few months everyone was just saying "lol it's just a boomerkiller dude" until months later(asymptomatic cases finally showing symptoms) that people began realizing that younger people could die from it. Obviously young people did catch it earlier, but it wasn't as prevalent so people attributed it to bad immune systems.

>>22178898
was corona bro, dare i say it, right all along?

>>22177301
>real value kid
>literally the biggest bubble in history
t. retarded boomer

>>22177301
I’m a real person and my life is tied into crypto as much as some boomers life is tied into stocks faggot.

>>22177913
Yep, first in 30 years actually (one of the longest spells in first world) ...enjoy your Chinese overlords now, they fucking own everything of importance in Aus now including the politics, not to mention your cities are 1/3 Asian too so no racism or we’ll glass ya bogan ass, hahaha

>>22178115
That return doesn't lie retard