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

/biz/ - Business & Finance


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49800028 No.49800028 [Reply] [Original]

Is bitcoin and other crypto tanking because they are worthless? Or is the dollar just been devalued this hard? 60k usd is now worth 20k.

>> No.49800093

>>49800028
it's tanking because there are some deeply leveraged whales getting squeezed like an orange, forcing them to dump their juice

>> No.49800300

>>49800028
Who is that?

>> No.49800465

>>49800028
if the dollar was devalued and nothing else changed, everything would go up in price, not down.

>> No.49800499

>>49800465
No everything is based on 1 usd if usd drop everything else drops. And products cost more.

>> No.49800551

>>49800028
>ruler of the biggest country on the planet btw
how have we gotten this low? srsly we are fucking doomed, theres no recovery, how the FUCK you retards voted for this? HOW?????

>> No.49800586

>>49800551
It's looking scary

>> No.49800597

>>49800300
The leader of the free world

>> No.49800703

>>49800028
>the absolute state of cope
Sell your bags retard.
This your final warning.
There is no bottom this time.

>> No.49800766

>>49800703
But food and everything is up 15% because dollar declining!

>> No.49800825

I thought that was an antivax webm at first.

To answer your question, all markets are tanking so risky assets like bitcoin are tanking harder.

>> No.49800860
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49800860

>>49800300
POTUS

>> No.49801044

>>49800028
Remember trump fell walking his fat ass down a ramp kek

>> No.49801080

>>49800028
It's been non-stop bad news after bad news for a year now. When bad news stops, things will go up.

>> No.49801084

>>49801044
what does this have to do with being unable to stand up straight while being assisted by a bicycle?

>> No.49801111
File: 106 KB, 1024x1017, 804B9F7D-AC9E-4122-A34A-A4B92DC3EE1C.jpg [View same] [iqdb] [saucenao] [google]
49801111

>An old person fell off their bike, let’s make spend hours of our lives staring at a computer screen alone making fun of them

>> No.49801117

>>49801084
Trump's ass is too big to even fit on a bike seat LMFAO

>> No.49801186
File: 9 KB, 237x212, 1633373676056.jpg [View same] [iqdb] [saucenao] [google]
49801186

>>49800028
>the absolute state

>> No.49801194

>>49800028
crypto is worthless. blockchain is not.
but people became rich with dogs and cats coins not serious blockchain projects.

also influencers making more money in crypto than actual developers by pumping and dumping projects and the killing them off. Ofc they are always white listed in any presale.

>> No.49801211

>>49801111
you retards spent years of your life complaining Trump liked his steak well done. cope

>> No.49801230

>>49801044
Do you think the (((media))) will also spend the next three months talking about it?

>> No.49801245

>>49801194
which coins do you think will make it? i am sure just a few will make it and the rest will die off.

>> No.49801259

>>49801044
No he didn't fall he just walked slowly remember

>> No.49801276

>>49800499
You are incorrect. Suppose 1 bitcoin costs $60,000 USD. If the USD's value is cut in half, it now takes twice as many USD to buy 1 bitcoin. Meaning 1 bitcoin now costs $120,000. I know it's a little confusing, easy mistake to make, but you should fucking kill yourself you motherfucking retard. Immediately. The fact that you couldn't grasp this leads me to believe you have never, ever, once, for a single moment, provided value to anyone in your entire life. Commit suicide.

>> No.49801310

>>49800028
top signal

>> No.49801357

>>49801276
Nope because btc is based on usd and if usd falls byc does as well. Your the ones not grasping this. Once it's value is stand alone this would be the case but not so.

>> No.49801382
File: 3.81 MB, 346x230, trump-drinking.gif [View same] [iqdb] [saucenao] [google]
49801382

>>49801259
Cope

>> No.49801406

>>49801357
If btc's value is based on USD, then the value of btc is zero, because being based on the dollar is exactly what btc is NOT supposed to do.

>> No.49801430
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49801430

>>49801382
Let's see the video then?

>> No.49801459

>>49801194
>still falling for the "blockchain not crypto" thing in 2022
A blockchain without a coin/token is just a very inefficient database you fucking retard.

>> No.49801484

>>49801382
https://youtu.be/2tszIXno2Q8
Stop making shit up
>>49801406
Still every is. Basic supply and demand is based on the dollar right now

>> No.49801485

>>49800028
He has somekind of strap or something over his right foot. Is it to keep his geriatric feet on the pedal or did he just snag on something while riding?

>> No.49801519

>>49801485
It's for speed biker. And he tried showing of he's still fit. And failed

>> No.49801606

Make sure you vote red in 2 years.
That will fix the problem.
For real this time, I promise. I super promise that the thing you hate will stop if you vote for the RIGHT color this time! So make sure it's either red or blue!

>> No.49801610

>>49801484
>Youtu.be
nice try faggot go post your scam links somewhere else

>> No.49801618

>>49800028
The dollar devaluing causes everything priced in dollars to go up you dumbass. Gasoline price -> up. Food -> up. Rent -> up. Bitcoin -> should be up but it's not.

>> No.49801651

>>49801610
Kek you have no link of Trump falling literally kill your self you kike

>> No.49801653

>>49801606

This.

The real problem is that we have 80 year olds running the entire country when they couldn't even get a desk job making 50k to save their lives.

>> No.49801658

>>49801519
Damn, seems like if you fall or crash (like captain dementia here) that shit just keeps you hooked to the bike by your feet. Not sure how you benefit from it at all.

>> No.49801662

>>49800028
The dollar is devaluing and everything is going up in price as a result, retard.
Except for your internet money fag

>> No.49801715

>>49801618
No it wouldn't cause btc go up many investors have said this. It will act more like the housing market

>> No.49801887

>>49801662
Stocks and bonds are tanking too. Precious metals are still caught in the same price range they've been in for the past decade.
It's like the Fed is content to only raise rates enough just to make asset markets plummet, but not enough to actually deal with the inflation that normal people are forced to deal with on vital commodities.
It's like their aim is to equally fuck over everyone.
I wonder if they're scared at all at the thought of people getting fed up with this bullshit and getting violent.

>> No.49801945

>>49800028
Why nobody posts the complete fucking video? Is it glowed out of existence?

>> No.49801946

>>49801887
you will own nothing

>> No.49801955

how can they be worthless when mainstream companies are joining the crypto market through matic

>> No.49802013
File: 533 KB, 1587x1587, jeffrey-epstein-and-donald-trump.jpg [View same] [iqdb] [saucenao] [google]
49802013

Obama has been the only real president since Carter. Everyone else has been a mistake

>> No.49802030

Hedgies are finally capitulating. They will regret this when hyperinflation hits next year.

>> No.49802223

>>49801955
Matic? I think institutions are adding more utilities and that calls it even for me.

>> No.49802290

>>49802223
I bought XPRESS and that is way better than some so called high caps because I will get to grow with it.

>> No.49802430

>>49802030
damn, every single financial jew is just this blind, while a random schizo on 4chan knows the real deal

>> No.49802436

>>49800028
>Or is the dollar just been devalued this hard? 60k usd is now worth 20k.
>if then $20k now is worth as much as $60k then, then that means the USD devalued!
No, the USD would have to deflate in order for Bitcoin at $20k to maintain the same value it had at $60k.

>> No.49802509

>>49800028
Its because of everything atthe shops getting more expensive, fuel, power, housing more expensive.

Most people would have a small amount of money in crypto and they've taken it out to try and survive without living on the street.

>> No.49802566

>>49801887
You vill own nussing und you vill be happy.

Klaus Schwab, WEF

>> No.49803245

>>49800028
>/biz/ IQ

>> No.49803846
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49803846

>>49800551
he got his foot trapped in the peddle, relex

>> No.49803884

The jews sure are pushing this bicycle faggotry really hard lately.

>> No.49803921

>>49800551
meds. I've caught my foot in that thing before.

>> No.49804068

>>49803921
>Biden posts on 4chan
:|

>> No.49804090

>>49800028
Kek

>> No.49804145

>>49804068
If you have ever ridden a bike with that dumb pedalbox before, then you are guaranteed to have caught your foot in it and fallen over at least once. He's still a frail old clown, but this specific dumb thing happens to everyone.

>> No.49804185
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49804185

>>49800028
oh god

>> No.49804192

nigger country

nigger money

>> No.49804277
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49804277

>>49804145
dw I've been there clumsy bro

>> No.49804327

>>49804145
>>49803921
>>49803846
has literally never happened to me, but keep coping.
>t. knows how to ride a bike

>> No.49804699

>>49803884
Wow those jews again. If they're pushing this I'll show them and move along then

>> No.49805106

>>49800597
that used to apply but america and the west is anything but 'free' anymore

>> No.49805172
File: 46 KB, 1280x720, WIN_20220520_13_40_29_Pro.jpg [View same] [iqdb] [saucenao] [google]
49805172

>>49801357
holy shit this must be bait, BTC "investors" are this fucking dumb?

>> No.49806119

>>49805106
Find a freer place then.