/biz/ - Business & Finance

>>27675390
When stocks collapse cryptos will rise. When that happens I will cash out and convert to tech index funds and ride up the recovery

Dumb money doesn't matter. Never has, never will.

You have to leave with your concern trolling you stupid nigger. Nobody is falling for this shit.

Are you that fucking retarded that you are not aware where you are?

>>27675390
If it collapses I’m buy the dip.

>>27675390
Tldr?

when the stocks dip crypto goes up baby bring it on

>>27675510
>>27675536
It's literally the Pareto principle at play here. 80% of consequences come from the 20% of actions.

>Reddit and retarded normies lose money
>bad for the economy

>>27675446
based

>>27675390
>Right now millions of people have been baited into losing everything

Only the retards who don't know when to sell lmao. I made money.

>>27675568
Apocalypticly based

>>27675390
clockwork. Stupid reddit fucks

>>27675627
IT IS BAD for the economy, man. These people are the worker ants. You take the sugar away from the worker ants, and they shrivel up and die.

>>27675446
>market crashes and people are worried they will have to foreclose on their home
>yea honey we should just put our money in crypto! That will save us!

>>27675390
you don't get it do you,

idiots can afford to lose, always have been always will be.

it's our turn, we will be the ones to absorb this wealth in the effect of whale pumps.

>>27675590
OP says he eats chalk.

>>27675446
This

>>27675390
Fucking retard. They're not all American, they sure as hell aren't business owners either.

>>27675446
imagine being this new

Imgaine being scared of muh collapse and not realising capitalism is indestructible and any alternative is short lived

Normies blowing all their money is something that is expected of them. Look at how many autists here lose everything on some shitcoin that’s pushed by pajeets.

>>27675778
Scary things is, they are...
Think of the median IQ, and think about how half of them are even dumber than that. Think of all the Woke-themed businesses that have propped up in major cities.

>>27675390
you will suffer, we will make it
https://www.youtube.com/watch?v=3LEMOy68DmA

>>27675568
Somebody get the dangerously based department on the line ASAP

SENT SENT SENT SENT SENT. SNEED Op, This is now a /SENT thread.

it's another pol vs shareblue tards discussion thread

>>27675937
No they aren't. Business owners are not that retarded, my dad is a business owner and he didn't even think of touching this shit. As someone else said dumb money doesn't matter. They are like that for a reason.

>>27675390
This is bullish for crypto, DeFi in particular.

I've been thinking about this since Monday. Yes, it was nice seeing normies suffer for a bit, to see them eat their arrogant, uneducated shit. But FUCK! This whole things is gonna bring regulation to the market. The term "pump and dump" is gonna be thrown around a lot in the media, with particular interest paid to the crypto market. Normies who bought GME last week over $250 and held will screech, lick their wounds, and resort to taking gambles on crypto to make it back. They'll lose even more. They'll screech. There will be a moral panic. The evil elected officials will be more than happy to begin regulating crypto "pump and dump" schemes under the veil of "morality," to "protect" people from these dangerous scams that originate from everyone's favorite Alt-Right den 4chan. They'll roll out a tax on unrealized capital gains. Of course, the big banks will use their loopholes and influence to dodge all of this.
We were a threat to them. They don't want this transfer of wealth to the common man. This was all planned.
This is all so easy to see. I really hope I'm wrong. I really do.
FUCK, FUCK, FUCK.

>>27676096
>my dad, bro
Seriously, how many fucking IPA beer and hotsauce bullshit start ups have you seen? It's a remarkable amount in my city.

SOMEONE TELL ME I'M WRONG, PLEASE.

>>27676821
I don't think an unrealized capital gains tax is realistic with the current composition of Congress. I'm pretty liberal myself but I only think the AOC/Sanders type Dems would support something like that.

>>27677074
You really think it's Congress pulling the fucking strings? Do you really think the decisions they make come from their free, uncaptured minds?
>You will own nothing, and you will be happy.

>>27677245
I put as much stock into that World Economic Forum as I do Ted Talk larpers.

>>27677364
You can't be this dim, can you? What you just typed out is quite possibly the dumbest thing I have ever read. How painfully new are you? Did you get here last week?
Yeah... yeah.... fuck... the bubble's bursting soon.
This feels like that scene in The Big Short when the guy finds out the stripper has 5 houses.
https://www.youtube.com/watch?v=0k5aVLi_yhM

>>27677519
Whatever. You're just being an ass now.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>27675818
This. The whole GME ordeal was probably a wake-up call for a lot of "eat the rich" normies

>>27675390
Another economic collapse would not affect me in the slightest. I work for the government and I have union thats made me basically unfireable. My mediocre wagie job will continue to put food on the table indefinitely.
In fact my best case scenario is that this does collapse the markets and that wall street gets a bailout before Joe Public gets his stimmy. Peopled go ballistic, it'd make last summer look like a picnic.

During the apocalypse I'll use my silver to buy BJ's off your baby mama's.

>>27678610
I hope you remember your words here a year from now, anon...
https://www.youtube.com/watch?v=IwOfCgkyEj0

>>27675590
We're all fucked.

>>27678338
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEe

>>27675705
They didn’t care when they shut down the country for a half year for COVID or major metropolitan areas burn for months because orange man bad.

>>27680517
Well that was before the largest and most reported on pump and dump fucked tons of people out of their savings, pushing them further into the lockdown despair hole.

This guy’s ID is literally ‘C.UCK’ please come ridicule him: >>27671702 # # #

He needs many (YOU)’s. This is literally history guys. Biz has found the ultimate KEKold of the board. Come drop a (you) to mark yourself in the archive history books.... let’s get this to a record number of you’s don’t give the cu ck a break... This is a legendary screen cap.

Spread the news and ask the mods to pin the thread so everyone may see!!!!!!!!!

>>27675390
Yeah, I'm sure Bezos cashed out $11B in amazon stock because Gamestop is what is fucking up the economy

>>27678610
>wall street gets a bailout
This. I’m mostly hoping the retards on reddit chimp out as badly as MIGAtards over it even though they did it to themselves kek. Serves them right for settling for Joe.

>>27675390
> What will happen when millions default on their loans? What will happen when their businesses close because they bought into stupid media hype?
Crypto will moon

>>27675390
good. amerifag should have been put to rest long ago and only lives on as a thorn on my side I'm itching to get rid of

>>27680828
lmfao
>>27680845
It's a vast, endlessly complex thing. One bad day for a vast amount of people can have an exponential effect on their local economies. Tons of businesses are already on the brink. We can't keep printing money to help everyone stay afloat.
>>27681079
see>>27676386

>>27681488
Heiled and checked

>>27675390

I seriously doubt a significant no of people used their rent money / took out a mortgage on GME.

>>27682215
I think it's more than you think.
Most people are completely illiterate when it comes to finances and investing. The media dangled a carrot in front of them. They published stories about literal teenagers making life changing money and LARPing as robinhood. Normies thought "hey, if this literal child can do that, so can I!"
That blind arrogance, hope, and lockdown desperation blinded a lot of their judgement.

>>27675390
Economic warfare is the norm now