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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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49648642 No.49648642 [Reply] [Original]

Reminder bitcoin only existed for like a decade or so and has never been through a real recession.

Everybody saying "it cant go below previous ATH" are literal retards or are trying to get their bags bought by you by spreading false information.

We are looking at recession levels like we had in 2008. Bitcoin wont be worth shit. If we hold $6k to $3k per bitcoin this is very conservative, we might even go lower.

Alot of cryptos are gonna be worth Dust.

People think they know the future of bitcoin when it has only existed for 10 years in extreme good market conditions were there was infinite money printing and everyone staying at home bored sitting behind their computers trying to earn money.

Soon reality will hit and you will see real despair

>> No.49648688

bg5 wins queen gg

>> No.49649624

>>49648688
you can win the queen, knight and one rook and still lose the game

>> No.49649892

>>49648642
yeah youre wrong

markets will depress, it will get p bad but not to the level you are describing, until we start hyperinflating as we move to a different monetary system and policy. this is a global issue. the entire world is realizing all at once that a debt-driven economy in which debt is literally never expected to be paid actually doesnt work.

bitcoin might actually become global reserve sooner than i thought and its actually kinda scary. THAT is when the real depression begins - when the systems of wealth actually go full reset and the whole economy is upended as a result. if you dont have assets you are fucked. bitcoin is going to be the best asset to have.

>> No.49650078

>>49648642
Maybe next year anon, but not yet. Even so, the money printer will never stop, you will just have to live with a devalued dollar through higher inflation. 2% YOY will never happen again. Get used to 6%.

>> No.49650223

https://lichess.org/RxItUKBw

>> No.49650531

gg anon. i suck and haven't played chess in over a year. new game

https://lichess.org/Ic9UKdGf

>> No.49650742

i fucking hate chess. fucking nerd faggot game fuck

>> No.49650857

>>49650742
happy to make you seethe.

>> No.49650896

>>49648642
When it was worth 200/coin people were saying it was at peak. And unironically they are right... i don't even think it is worth 200/coin.

>> No.49650938

>>49648642
Bitcoin is the response to 2008. economic collapse.

>> No.49650944

I'm slavic, you were meant to lose from the start.

>> No.49650980

>>49649892
he's still right and so are you. BTC is gonna get slaughtered over the next 0-2 years

>> No.49651052

>>49648642
>If we hold $6k to $3k per bitcoin this is very conservative

lmao

>> No.49651129

>>49650944
Back when liberals hated the government with “Occupy Wallstreet”, now they want a dictatorship with daddy government. it’s amazing how times have changed

>> No.49651466

>>49648642
>Everybody saying "it cant go below previous ATH" are literal retards or are trying to get their bags bought by you by spreading false information.
Yeah and they don't even know that it's always gone down by around 6-7x ATH

>> No.49651533
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49651533

>>49650742

>> No.49651671

Reminder that btc is capped at 21m, while usd and all fiat currencies have no limit, and will be printed until they are worthless. Btc is mathematically guaranteed to keep going up as long as fiat exists.

The rise of btc over the years is simply the measure of fiat losing value.

>> No.49651780 [DELETED] 

Total domination: https://lichess.org/ZT6D72clquFm

>> No.49651811
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49651811

CALL RON PAUL
ITS FUCKING HAPPENING