/biz/ - Business & Finance

Where did all that money go? To Sam?

It's over

>>49754439
Miraculously sold almost everything in Feb and now starting to DCA back in. Feels bretty good.

>>49754439
>looks to the sky
>still no-one jumping out of buildings
I is dissapoint.

>>49754439
Imagine all the shit that could be done with 1 trillion dollars, and it was all blown away on NFT funko pops

>>49754483
> now starting to DCA back in.

Way too early, expect another 70% down

>>49754439
Can people please an hero so I can buy their house at a discount?

>>49754439
That doesn't mean much when they just spent the past two years printing trillions and using it to pump every asset.

>>49754731
Nope,bottom was roughly $20,100.

>>49754439
more liquidity = more loss/profits
fucking news for brainlets like always

>>49754459
like all paper profits they never existed in the first place

i LOVE how they CAPITALIZE the WORDS to cater to the ABSOLUTE brainlets

I'm looking California but feeling Minnesota.

>>49754439
WHY are THESE total RETARDS posting like THIS

>>49754459
To the winners like me

>>49754439
Bobos on here will still say we haven't reached the bottom because the board isn't full of pink wojacks right at this instance

We have had several weeks of pink wave wojack posting since January.

>>49754439
The fuck is BNN news? sounds very pajeet like

>>49754439
Down 1k
>>49754459
10% for the big guy

>>49754439

>lost

never had it in the first place

>>49754439
Still accumulating. 49 BTC right now. I only cash out when I really need to. I will keep accumulating.

>>49754439
didnt affect me. if you make good picks, your shit goes up in satoshis even if usd is down. imm all green baby!

>>49754439

>>49754731
We're going down another 110% percent retard. Bitcoins going to zero and then the fed is going to force you to pay taxes on your losses.

>>49756258
this dears,, my hole village eating gold rn ngl

>>49754459
The money never existed. It's like beanie babies.

>>49756469
Imagine causing climate change just to look at fake numbers on a screen. It should be legal for normal society to shoot crypto nazis on site.

>>49754439
Man I don’t have anything

>>49754939
nihilist druggie 90s fag music. glad that boomer merged with infinity

so where the money is going and how people are gonna pump crypto if we are entering a recession?

>>49754459
market cap doesn't mean actual literal dollar value
just because a coin is valued at X price doesn't mean you can sell every single coin at that price

I've see so many low volume and low liquidity coins moon to hundreds of millions of dollars in market cap but as soon as you sell a couple tens or hundreds of thousands of dollars worth of the coin the price craters
without liquidity mcap means fuck all

>>49756717
OK Zoomer.

>>49754439
Didn't it also gain faster than any other market in history? Mostly because it's not faggot stocks that only run 8 hours a day and don't run weekends unless you're rich enough to manipulate the markets.

Crypto is the fairest money game you will ever play.

>>49756580
>Imagine causing climate change
expand upon this.

>>49754439
>How you holding up?
I wanna rope every day but here I am boyos

>>49756850
Fucking pussy. Just get it over with.

>>49754439
Thinking that in two years I'll drown in pussy juices

>>49756826
>im too retarded to use google spoonfeed my dumbass wah
Shut the fuck up and fuck off, if you don't understand how white supremacy causes climate change you're too stupid to educate and a lost cause.

>>49756869
No I will eternally cope instead and there is nothing you can do about it ahahahah

>>49756957
this is not an argument.

>>49757072
Not arguing with a poltrurd, kill yourself my dude.

>>49757133
i only browse /biz/ though
you seem upset.

>>49754439
1) since the begin of November it is even 700 billion more.
2) >EU Parliament decides to ban internal combustion engines from 2035
>Yesterday, the EU Parliament decided that no new cars with combustion engines
>will be sold from 2035 onwards.
>(from early June)
I mean think of all the car manufacturers you know which at the moment build cars with traditional engines. plus all industries involved in oil production and transport.

>>49754439
I'm not

>>49754439
old news

>>49754439
Thoughts on the theory that this is planned? Whales run by WEF types all pull crypto into fiat at the same time that inflation is already a problem and we are heading into a recession. This makes the inflation even worse with all the extra cash hitting the market and makes crypto look like a bad investment, which results in normies further crashing it and making inflation worse again. Are we being played?

>>49756469
It only “exists” if you cash out at a gain. And if you cash out at a loss, then that’s Real too.
Every crypto is a pyramid scheme; you can only gain money if someone else loses it.

>>49754439
already bought the dip

>>49757720
Yes, every crypto is a pump and dump by someone who owns most of the holdings. All it takes is for them to sell at a gain and leave everyone else a bagholder.
This is how all pyramid schemes work.

>>49754563
the problem with capitalism is everyone is "free" to waste their money on stupid shit

>>49756717
fuck you, soundgarden is based

>>49754439
Good

>>49754459
market capitalization is just a measure of interest. it isn't money that exists somewhere.
if i have ten red balls and i paid $40 for each of them, they have a market capitalization of $400. if someone fabricates an 11th red ball out of nowhere and the world is amazed by this feat of incredible manufacture, and a saudi prince pays $12 million for that red ball, the eleven red balls have a market capitalization of $132 million.
that's right. no, not $12,000,400 -- you don't just add up what was paid in.
you take 11 red balls times the last real price that closed. that's market cap.

>>49754439
O-ok

>>49756580
>causing climate change
hey bud. any time you want to stop hallucinating that this is happening, you can. it's only a choice.
if you don't, you will never be satisfied in life. you will never be comfortable with yourself, much less others.

>>49754439
Holy SHIT it is so fucking OVER I cant believe it I'm fucking PANICKING

>>49756957
lmao could have predicted this reply

>>49756957
I'm sure this post is bait for /pol/tards but there is a valid point that Crypto Mining Servers use up a lot of Energy from Power plants. People never really ask if using Crypto as a standard currency form might be sustainable for out planet long term

>>49759297
now apply this logic to electric vehicles and have your world view shattered

>>49754439
fuck off

>>49754459
To Powell's CDBC announcement.

>>49754459
Get liquidated goyim bitch! Thanks for playing