/biz/ - Business & Finance

>>4979601
FUCKING AWESOME FOR MY OTHER INVESTMENTS HAHHAHAHAHA GET FUCKED PEOPLE 100% IN CRYPTO

This is going to cause a market crash you fucking retard.

>>4979629
see>>4979663

USD GOING TO MOON!!!
GET IN FAGGOTS WE'RE GOING TO SPACE

>>4979601
So all the money in the inflated stock market will go to Bitcoin then? I can live with that.

>>4979601
BUY USD

Will it have an effect on Euro ?

>>4979730
Or just back into dollars. Although our current monetary system is so fucked because of central banking kikery that immediately after an increase of rates and a market crash they'll probably start QE again, which will skyrocket the price of crypto.

>>4979760
Where can I buy it with USD?

Korea and China will prop up all the coins so idgaf

>>4979779
Lose value vs the dollar.

>>4979601
Interest rates were decreased in 2008 to promote
growth after the market crash. Instead of using
the decreased interest rates to grow businesses
people borrowed money to pump the stock market, when these interest rates go back up,
we crash back down and crypto goes to fuckin pluto

>>4979781
Exactly. QE is the only option to avert a fucking enormous crash. Crypto wins yet again

>>4979837
I like how you think. It's not like infrastructure mooned, did it?

>>4979760
shit's expensive

>>4979863
The whole house of cards is going to come crashing down. There are only a couple options that the government could take to reduce debt and keep monetary policy stable, but they won't because that would actually require cutting unfunded liabilities. They can't cut out mo money for dem programs if they want to retain a voting block. Both corporate and nigger welfare.

>>4979781
The 2008 event kicked the can down the road. The likelihood of this being successful again- meh. won't be any crypto buying for the little guy, there will be a lot of crypto stories in homeless jungles though

>>4979995
The reason we are all here in crypto is precisely central banking bailouts and QE.

One more bailout and crypto's home among the stars is solidified.

>>4979601
This won't even touch crypto.

Haven't you learnt anything? The people invested in crypto truly believe in it. There is literally nothing you can do to stop crypto short of completely shutting off the power grid world wide

I cannot care less about any government attempts to thwart it.

>>4979863
>QE is the only option to avert a fucking enormous crash

I absolutely agree with you. History has shown over and over again that printing money is the way to go.

>>4980051
let this sink in. I should not have to explain the ramifications to you

>>4980149
Gives the illusion of stability to plebs. Meanwhile Rome is burning.

>>4979674
>>4979663
IM IN USD FUTURES YOU DUMB NIGGERS HAHAHAHAHA

ALSO USD/ZAR
USD/MXN
AND USD/TRY

GET FUCKED BITCHES

>>4980254
THIS MAN IS MAKING AMERICA GREAT AGAIN
WHAT IS YOUR EXCUSE, ANARCHIST SCUM OF THIS BOARD?

>>4980254
Then how would you not know that the rate raise was today? You awful excited at this news.... almost like you are new to this.

>>4980292
>implying governments and crypo can't co-exist

No governments are just butt hurt over losing economic control. This is the next leap in humanity. Just like separation of church and state.

>>4980292
FTFY

China are alos moving in this direction. There's going to be less money floating around in future... it's just a shame we've fixed none of the problems that got us here.

>>4980040
In the early days, yes. Most people around now just hopped on because BTC appreciates in value.
In future QE will probably be considered one of the defining elements of this era.

>>4979782
sell bitcoins, litecoins or ether on coinbase

>>4980161
Okay now what?

>>4980222
and all the growth you get without a need for wealth creation. so the plebs joyfully sell their belongings for garbage believing to have made a profit.

>>4979782

the real question is, can you even buy anything with USD? obvious bubble

>>4980378
Who keeps the roads paved in this future you're imagining? I'm pro-crypto but you're statement seems naive at best.

>>4980292

>Serves Jews

>Makes American Great

>>4980552
We don't need roads where we're going. Government should only consist of cops, courts, and military. Local governments can socialize fucking roads if they want.

>>4979837
>investing in stocks doesn't grow businesses
please learn some basic finance before posting here

>>4980574
Then the goverment still controls everything?

>>4980645
That is a fuck load less than what they control right now.

>>4980552
>roads

ancaps and libertarians were asked that questions since the 1970s. do you really think they have no answer?

good for dow jones and crypto, bad for doomed euro

>>4980671
They could still force companies to do something

>>4980680
>yfw there will literally be a crypto for this in the near future

>>4980527
is that child pornography? UHH

>>4980574
cops, courts and military can be privatised. everything the government does, free enterprise does better. except maybe for war and genocide.

It won't have any effect on crypto. People buy crypto because they want to 50x their stacks not because they're worried about losing 1% of their money to inflation.

>>4979837
>and crypto goes to Pluto
No it won't crypro will also crash retard. People won't be able to borrow cheaply anymore to pump up crypto.

What does it mean for precious metals, like gold and silver?

Who cares about fiat we BTC now

>>4980040
Note entirely accurate, the next one will be bail-in, have a look how they did it in Cyprus with a great sucsess while the GayGreek still stay poor due to inflated lending.

However this will reduce the people trust on the fiat system to a new level and crypto will be the main method of exchanging desires...

>>4980763
Eh maybe, there isn't much historical precedent for ancap and there are too many conflicts of interest with entirely privatized cops, etc. Not to say those conflicts aren't already existent in the current system. It could actually be better privatized, but I'm still skeptical.

>>4980814
Overstock Kangs and shit

COINFAGS BTFO!!!!!

>>4980796
they will keep falling because they're manipulated.

>>4980825
That's like negative interest rates right? That would definitely make everyone run to the gates to get their money into crypto, just like Cyprus lol.

Its like they incentivize tax dodging or something

>>4980834
all you need to know is that ancap is better for anyone with half a brain who thinks about the world around them. for the parasitic retard sludge that makes up 40% of any given country, things will potentially be worse - but they'll be whipped into shape or eliminated from the gene pool in a generation or two

(that 40% isn't the poorest 40% in my estimation - many people currently poor would not be if they weren't given so much grief by the gov)

>>4980834
>there are too many conflicts of interest with entirely privatized cops,

prior to the middle of the 19th century had no police force what so ever - and even nowadays with most people civilisation doesn't collapse when there's no cop around.
in the end mall security isn't too different from governmental forces, except that most people aren't afraid of mall security shooting them.

>>4980527
That's exactly what u'll encounter as yer trying to depart yer precious

>>4981059
what you do end up with are more oblivious faggots who are conditioned to have safety ensured for them by default

>>4980825
speaking of haircuts. all banking was shut down for a week.

>>4980874
Oh and Crypto cheese ain't? i just pissed myself