/biz/ - Business & Finance

U can mental gymnastic this theory into any notion of value. Yawn

>>29897234
Each scam coin it ponzi change my mind

Non-scam it pump and dump scheme

>>29897185
take your meds

>>29897185
Supply and demand is just an elaborate way of saying "ponzi scheme". The earlier you are demanding, the less you pay.

>>29897234
so explain me how your coins will work without electricity

>>29897185
People say stuff like this and then go buy gold.
The only reason gold coins were valued was because they were given away by central authority such as banks or the king. No one will want your gold after the apocalypse or at least not in the first 20-30 years

After all these years the fake internet money FUD holds up well

>>29897323
This. But i enjoy the crypto ponzi fud. If it shakes out enough who bought in before me it effectively advances my position along the early investors list. Even more so because i but the dips.

>>29897185
We know
But we're the schemers (or trying to be, anyway)

>>29897366
Who cares apocalyose. Gold it inflation protection

>>29897185
Thank you so much, dear /pol/tard for this outstanding analysis. And for genuinely caring. Now fuck off back to /pol/

>>29897185

I thought everybody knew this though? The point being buying low and selling high?

???

>>29897185
They're calling for you in aisle 4

>>29897185
It baffles me that people are willing to buy this shit over 10k a piece. I remember buying a shitcoin for 13 cents and now people are buying it for 30 dollars. Truly a clown market with professional clowns.

>>29897185
Just like fiat currency

The world is a ponzi scheme, which is why your great grandparents could get a house and support a family all on one job

but today people have to literally go into debt (credit) just to get that same house with two working parents.

cruel

>>29897733
Nigga they bag n sell air. Retards are out there buying clothing packs for characters in FPS games they cant even see lmao our fake internet money will be fine following natural bull and bear cycles for hundreds of years. You can screenshot this shit if you want youll never get the chance to gloat.

>>29897475
An illiquid asset with little utility will protect you? yeah right

>>29897185
700% gains

Lol I have 1000% gains and I only got involved in crypto in November, people who got in early made 100,000% gains potentially, if you spent $10 in crypto in 2010 you'd be one of the richest men in the world today

>>29897185
seethe more nocoiner

>>29898445
yes, because it never loses its value, like crypto and fiat.

>>29897185
guess what, everything is a ponzi. some are just more "regulated" than others. if you are in late or a small investor you will always get fucked over.

from stocks, to house market, to anything. so if you want to make it just ride the wave and shut up or wageslave.

>>29897924
>Retards are out there buying clothing packs for characters in FPS games they cant even see lmao
+1

The stock market is a giant ponzi.
Prove me wrong.
Protip: you can't

>>29897185
>big fish
Big fish starts when investors get in to hide and launder their dirty money in crypto.
Scamming a few retards out of their launch money is cool, but you realize how much mining farms cost to maintain?

This is far from over, but you are right in one thing - not fixing your profit at 50+ to buy low is a small brain move.

Fun fact Bernie Madoff made some of his investors extremely rich. Imagine trying to get those people to believe it was a scam before word got out, no chance.

Intelligent money is already dumping BTC for silver stocks. The next equivalent to crypto.

Everyone knows its its a ppmzi.

We are well overr 3k shit coins now that have come and gone since 2017.

If you think Crypto is some amazing future tech here to save the planet you are a fool.

>>29897475
>>29898445
Yes, gold is money. When currencies break down, people always transact precious metals. They will not be transacting cryptos.

>>29898899
Wasted digits

>>29899277
You can either bet on the BTC ponzi scheme for a doubtful double, or you can get in at the bottom of this.
<-

>>29897185
>Crypto is actually a ponzi scheme
no shit thanks for the memo captain obvious

>>29897361
how will my bank account?

>>29897185
There's a twitch streamer who bought the very top of Bitcoin in 2017 on stream. He was quickly losing money soon after that, but eventually he killed himself for unrelated reasons, so he never got to sell. His money is currently more than doubled, at one point was tripled.
Point is, you have to kill yourself.

>>29897366
People will accept gold and silver in exchange for goods and services day one. People who can’t meet basic needs maybe not so much, but those who have surplus will still deal in gold and silver.

>>29897361
Hey guys this retard bought a car... Pathetic.... How do you expect to drive anywhere without gas? You got scammed mate.

>>29897366
> No one will want your gold after the apocalypse or at least not in the first 20-30 years

"See picture. You could buy a mansion in Weimar Germany for only five ounces of gold. It's a myth that everything looks like a Fallout game when a currency collapses. That's what they WANT you to think. As if we couldn't survive without predatory banks printing fiat money. Truth is, yes, there's a period of some months where you have severe destabilization, but all that ultimately happens is that you get wiped out if you're holding paper.

"Once the old Reichsmark had been thoroughly obliterated, the return to a stable currency was so absurdly simple as to become known as the "miracle of the Rentenmark." The Rentenmark was placed in circulation beside the devalued Reichsmark and carried no real value of its own but the naked avowal that there would be only so many Rentenmarks and no more.""

>OP's first dip

great thread

>>29897185
Capitalism is a ponzi scheme. You can either grow up and make money or keep shitting your diapers because you missed out

>>29897185
BTC has gone only up for a decade you dumb fuck.
Sorry that you're retarded and got in at 58k at a clear local top

>>29897185
Stocks and shares are actually a Ponzi scheme.
>You all are just absorbed by its shillery.
>Of course. Anyone who got in early will be fanatic over their 700%+ gains.
>but thats all part of the plan.
>now they have fully taught your brains into cycle state where you believe it will always come back up.
>Ignore the truth goyim.
>Stay and hodl for however long it takes. Or if you were smart you would have gotten out above 50k.
>the trap has been placed.
>Now they have finally
>caught some
>big
>fish.
>Its been a ponzi scheme all along.

>>29897185
Union fixes this.

You will eat ze BigMacs

9electri>>29897361
why would we ever have to know how anything works without electricity? I can create electricity with some pennies, nails, wires, vinegar and salt. Electricity is retardedly easy to harness and one of the most plentiful resources in our universe

>>29897185
t. Anon is a nocoiner

>>29900163
The autism of the situation is that you think you own gold when you are speaking about printer collapse.
Do you actually own gold nuggets, or do you just own some paper from said printer which guarantees you that your gold is physical, safe and solid in their vault?
Good luck retrieving it in the circumstances you just outlined. Their gold promises would be as valuable as their fiat.

>>29897361
I feel I have bigger problems than money if all the electricity was gone...

>>29897361
How will the entire modern world work without electricity?

Shitcoins with no usecase like BTC and DOGE are ponzis.
Coins with a real use like LTO, GET, XMR etc. are not ponzis
Simple as

LOL ANON STOP STARING AT THIS TRASH
everyone here laughs on your cockoin
smart dude will choose just liquidity yields
my wallet is safe with juld tokens

>>29897185
>Giant red candle is only $100

Jesus christ, is that like a microsecond chart?

>>29900519
Not really since with stocks you can get dividends, which was the whole point at the beginning.

Its not a ponzi if you can eat ze bigmac and keep it.

>Anyone who got in early will be fanatic over their 700%+ gains.
are you for real
newfags who got here in NOVEMBER 2020 are sitting on 700%+ gains
i hopped on board in 2017, did absolutely shit trades, and even if crypto crashes by 99% i will still be 2x up

Any big brains itt that agree that MMT and Trickle Down created a Frankenstein economy that actually somehow works and that all of this doomer shit is going to be wrong (like aways)
Inflation will be 2% a year for the next 30 years.

>>29900519
Momentum stocks with no earnings or potential for earnings are essentially a ponzi scheme. Dividend-paying stocks in established companies aren't because it's not a game of musical chairs where you have to sell to someone else at the right time to make money. You just sit back and collect dividends without ever selling.

>>29897185
Yeah its ponzi like but all of good coins have capped supply it's still much better than fiat or stock market.
And with coming hyperinflation 50k will look like a bargain.
But Bitcoin and ETH are ponzis it has no utility only speculative value. Just invest in coins that can be used for everyday transactions.

>>29900675
I have physical gold and silver in my possession.

>>29901584
>And with coming hyperinflation
lol

>>29901128
What's the difference? None of them do anything. All you can do is try to sell them to someone else.

>>29901624
Just sell everything you own and go all in cash. I'm sure there will be good deals in next year. It's not like they inject money in economy. Prices will fall. Prepare for deflation.

>>29901128
>Shitcoins with no usecase like BTC
stopped reading right here, BTC is the only coin I have used for anything else than holding

>>29901324
Kys u larping faggot. As if everyone who invested end of 2020 is 10 x up. And a lot of people from 2017 have nothing to show for it

>>29900163
You can buy a house in Detroit for 4 ounces of gold NOW.

>>29901741
This guy gets it.

>>29901783
why would you buy a house in a place with 3rd world crime statistics?

You WILL eat ZE Bicmac
You WILL be HAPPY

>>29901741
>Prepare for deflation.
deflation of BTC? sure, deflation of the US dollar? lmao give me your dealers number

>>29901920
Read the real financial news instead of superdupercoinbull.biz for once.

>>29901842
Practically all of those are ways of saying "print money"

>>29901999
they literally stopped publishing how much new money they're printing, you couldn't make me hold USD even if you pointed a gun at my head, USD is dead to me

>>29901842
>>29901920
You guys couldn't see irony even if it flew over your house.
Just look at money aggregates (not M1) budget deficit and government debt. Of course there will be massive inflation.

>>29899876
Alright, this is a lesson.

>>29902107
Which doesn't mean there'll be inflation.

The best crypto project is $MCM

> post quantum secure
> future of crypto
> no ico
> didn’t solicit any investment

>>29902112
>they literally stopped publishing how much new money they're printing
That's a bullish case for deflation.
>>29902114
>looks at M1
kek

True, but I am early in the ponzi and I will dump on Apple, niggers with stimulus checks, greedy chinks, and the rest of the S&P500.

>>29900675
>the calf = Bitcoin
>the bull = Tesla

>>29902311
>doubt

>>29902311
With this trajectory we'll hit "Return to Normal" right when the stimy gets printed.
At which point traders will use nigger liquidity to exit their leveraged longs. Sell the news, friend.

>>29902227
>not M1
You are illiterate faggot. Just buy governments bonds then. I'm sure you won't get fucked by inflation.

>>29900163
that's because most of the world relied on gold backed currency, you could take that gold to america and get dollars at a set ratio, those times are not comparable to the current reality.

>>29902227
>That's a bullish case for deflation.
no its not, also, US economy, the thing which backs the dollar is shut down, while they're printing more money than ever before
USD is not only dead in water its flooding, hopefully you have a lifeboat

>>29902427
No financial data can successfully prove this. You guys just look at velocity and stock and chimp out. We are in a new age. I unironically love Robinhood and Crypto for trimming off the fat of consooomers pocket books and creating a perfect ying yang balance

>>29902610
>No financial data can successfully prove this.
USD literally lost 20% of its value already compared to other currencies

>>29902703
>citation needed
DXY lost 10% max. CPI is subdued and a weaker dollar is bullish for international trade.

>>29902784
>citation needed
I regularly check EUR to USD exchange rate when shopping online

>>29902784
>bullish for international trade.
....MAYBE if your economy WASN'T SHUT DOWN

>>29897185
USD is a ponzi scheme. Honestly, just shut up if you don't know what you are talking about.

>>29903004
The parts of our economy shut down are the useless ones.

>>29897361
>>29899736
>*laughs in Ag*

>>29897185
Along those lines, so is the USD. And the stock market for that matter. Both only keep working if bigger fools keep coming along.

>>29897361
Did you forget the WEF and the Federal reserve want to use a Centralized digital currency.
That means no more paper, so they can track everything you spend, and what you buy.

>>29901111
checked

>>29900163
They accepted gold in fallout 2.

>>29902610
>We are in a new age
You are deluded boomer. You jump out the window and think you can fly. Moment later you hit the ground.
>velocity and stock
Inflation depends of these two and rise of money velocity is immanent. They won't remove money from economy.

>>29897185
Imagine the real living person who wrote this post, what do they look like?

>>29903098
>the useless ones
literally can't get professional tools shipped on timely schedule even if you're willing to pay extra

>>29897361
If we lose electricity we have much bigger problems than financial ruination

>>29897361
Bro, society as we know it won't work without electricity. Lol I mean, guns would seriously become the most valuable asset.

>>29903247
>I'm a deluded boomer for thinking the forces that maintain the status quo are more powerful than they've ever been.
But you're not a retarded zoomer for believing fake internet meme money will transfer all the jew wealth to you and your buddies if you just sit and wait?

>>29903302
It's more about trying to pay with shitcoin and you have electronic problems and suddenly you lose everything. There is a reason why real money is still based on paper.

>>29903523
not in china

>>29902423
Russia now owns more gold than dollars and China owns 20,000 tons of it. The productive nations of the earth are all hoarding gold to make the switch.

>>29903232
The earth was nearly wiped clean of life. A great cleansing, an atomic spark struck by human hands, quickly raged out of control. Spears of nuclear fire rained from the skies. Continents were swallowed in flames and fell beneath the boiling oceans. Humanity was almost extinguished, their spirits becoming part of the background radiation that blanketed the earth. A quiet darkness fell across the planet, lasting many years. Few survived the devastation.

And they still accepted gold.

>>29903575
There is a reason why china is ruled by the communist party and would collapse without

>>29903626
soon all of china will be using central bank digital currency

>>29897361

How will you live in a world without electricity regardless anon?

>>29903626
>There is a reason why china is ruled by the communist party
yeah the communists fought a .. 50 year long civil war and killed like a .. hundred million people

>>29903124
imagine the smell

>>29903523
How am I supposed to get cash in the event of an outage? You think banks will still be functioning? Or am I supposed to have my entire life savings in cash?

>>29903873
mmmmmm

>>29903439
>posting pozzed M1 supply
You know that they changed the definition and now M1=M2.
>forces
They don't care about your status quo. They are already actively dismantling middle class. They care only about their power. They need to inflate the debt or they will be forced to pay more than they borrowed. The only alternative is selling their country to China to repay debt. They also must give sufficient gibs for their electorate. Their only option is to print you into oblivion. Sorry man you are expandable to them.
>fake internet meme money
I have less than 5% of my wealth in crypto.

>>29899702

Stop schilling boomer rocks.
Nobody cares about that anymore.

>>29904107

>Nobody cares about that anymore.

Russia does.