[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 50 KB, 770x760, 14dnefknm1n41.jpg [View same] [iqdb] [saucenao] [google]
24813781 No.24813781 [Reply] [Original]

Bitcoin isn't actually going up. The value of the dollar is just going down.

>> No.24813857

Until people start buying and selling shit with Bitcoin it will always be attached to the dollar.

>> No.24813873

it is going up and the value of the dollar decreases as america takes more debt

>> No.24813879

>>24813781
Big brain right here. Same thing happening in stocks. Everyone excited for their gains, only slowly realizing everything is more expensive.

>> No.24813898

>>24813781
Bitcoin is going to outpace dollar devaluation anon, due to its relatively small marketcap and adoption still having tons of room to grow.

>> No.24813925

>>24813781
except bread still costs the same but i tripled my net worth

>> No.24813933

Correct. Same with the stock market, and houses, and commodities.

>> No.24813966

>>24813781
False. The dollar is overpowered and unable to "go down" like one of your Forex scams.

>> No.24813983
File: 363 KB, 725x498, 1590275034257.png [View same] [iqdb] [saucenao] [google]
24813983

>>24813966
amerilard cope

>> No.24814008
File: 254 KB, 960x768, 1558713519620.png [View same] [iqdb] [saucenao] [google]
24814008

>>24813781
It's actually both.
Which is why if you're not in BTC you are a smoothbrain.

>> No.24814022

>>24813781
Yes, that's why people buy assets.

>> No.24814039

The current financial model is infinite growth dependent. That isn't sustainable and we are going through a black swan event that will basically test if now if a breaking point. I feel it isn't a breaking point, but merely the opening on an artery to bleed out. I expect rapid decline in Baptist environments that don't have strong nationalism. I expect America to become like a 3rd world country as right now the global economy is based on feeding MARVEL DISNEY man children and CHANEL GUCCI thots.

>> No.24814716

That’s fine. Because you don’t get the dollars banks and gov do. So worker suffers. Btc delivers