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/biz/ - Business & Finance


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51580165 No.51580165 [Reply] [Original]

So a lot of people here have a lot of predictions about a lot of things, and a lot of the time, there seems to be a consensus. “The recession will be worse than 2008 or 1925”, “this is the final pump and dump” etc and I wanna ask, how often is /biz/ actually straight on the money?

>> No.51580175

My first thought was how can someone like you even breathe, let alone post on this image board. Phoneniggerfaggot poster are the lowest parasitic scum of this entire website, no even of the whole internet. They produce nothing of value, they only post low iq unfunny shitposts and they are low iq subhumans without a single drop of original thought inside their pea sized brains.
You should kys and never post here again, your parents would feel way better, if they knew that their disgusting failure of a son can no longer bring them any more shame.

>> No.51580177

uh...depends which anonymous poster said it

>> No.51580196

>>51580165
never. always do the opposite of what /biz/ says
also, go back.

>> No.51580220

>>51580175
Chill dude, I’m just asking a question is all. I’m curious to know

>> No.51580255

>>51580165
Biz is always right because there's hundreds of different predictions every day

>> No.51580623

>>51580255
>/pol/ is always right
>never listen to /biz/
those are the tenets that have guided us for millennia

>> No.51580652
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51580652

We're really accurate on telling rather a girl is a boy or a boy is a girl. 9/10 times is pretty impressive on being able to distinguish traps. We're also really insightful on how shitty the world is and how much better it is to be a NEET. As far as financial stuff goes, IDK man, people here still own link.

>> No.51580655

>>51580165
Like all market participants other than central banks, /biz/ is wrong all the time.

>> No.51580669

>>51580165
Never. This board is filled with the biggest dunning kruger midwits on this planet. I stay for the memes, not the "quality". Everyone here has a shit attention span and over hypers the bull/bear

>> No.51580679

>>51580175
go to a psych ward, you waste of space shizo

>> No.51580755

>>51580165
/biz/ was right about chainlink and that's about it.

>> No.51580791

>>51580165
I've never seen /biz/ exactly monolithic on any topic. The board is heavily fractured
>mumus vs bobos
>stocks vs crypto
>shilling shitcoins vs discussing alt coin fundamentals
>BTC maxis vs the rest of crypto
Can't say /biz/ is usually right or wrong.
Question is if there's ever anything informative or persuasive here that makes /biz/ valuable.
I actually find the bobos valuable. But lots of people hate them.
>

>> No.51580818

>>51580165
>“The recession will be worse than 2008 or 1925”, “this is the final pump and dump” etc
>>51580175
>>51580220
You're a low IQ nigger who needs to go back. Your summation of the overall consensus is fucking wrong and you're a stupid nigger faggot phoneposter with not an ounce of individual thought and because of this you're easily swayed by the noise and commotion created by other nigger brained retards, shills and faggots.
The overall consensus of 4chan on any given topic is NEVER wrong but you have to not be a mouth breathing NPC nigger retard to gage the correct sentiment from the noise in which doing so you need to have the ability to decide for yourself what information is good information and what is junk. No one will do that for you, but your OP shows you are a long fucking way from doing it for yourself. Lurk moar, stick a sharpie in your ass and get with the fucking program you newfaggot cancer dumb cunt.

>> No.51580857

>>51580165
Well its not /pol/, so not always.

>> No.51580870

>>51580652
/biz/ is only great at two things: frogposting and figuring out what "women" posted here are actually men

>> No.51581221

>>51580165
It would be good to do a survey like of biz predictions, and see how often they come to pass. It has been tried in the past for TV presenter predictions, but most people don't care: A major media firm based in Washington, D.C., had several journalists working for several months on a project to score prominent pundits on the accuracy of their predictions. The project was canceled, however, soon after results came back showing how depressingly inaccurate most pundits actually are. If consumers truly cared about pundit accuracy, there might well be more “exposés” like this—the better for us to find and pay attention to those rare pundits whose predictions tend to come true.
Instead, we seem content with just the veneer of confidence and expertise, as long as our pundits are engaging, articulate, connected to us, and have respected pedigrees.
These patterns in behavior may be puzzling when we think of social media posting/news as a source of useful information. But they make sense if we treat news as a larger “conversation” that extends our small-scale hunter-gatherer conversation habits. Just as one must talk relevant to the current topic in face-to-face conversation, our larger news conversation also maintains a few “hot” topics—a focus so strong and so narrow that policy wonks say that there’s little point in releasing policy reports on topics not in the news in the last two weeks. And for our part, as consumers of news, we compete to learn information on only these hot topics before others, so we aren’t confused in conversation and so our talk can seem more impressive. We also prefer news written by and about prestigious people, as it helps us to affiliate with them.

>> No.51581289

>>51580165
stop being such a consensus seeking faggot.
go back in time through any of the archive sites if you want to see what some biz user said about anything and youll find just as many people saying theyre wrong.
this board is best known for chainlink and even then there was a lot of people early saying its all bullshit.
this board is thousands of users with different bankrolls, agendas, goals, experience and net worths

>> No.51581392

>>51580623
>/pol/ is always right
the reason pol is always right is the same reason any lightly moderated space is always right, when theres no barriers to countering the bullshit in an argument, story, event, agenda etc the only thing that can survive scrutiny is the truth. its not some council of geniuses bouncing theories of one another in an attempt to see who can hate more, if anything the vast majority come to the conclusions they come to from a place of reluctance.
i mean its not like theres some social reward for bring racist, anti semetic, misogynist or whatever else, you dont get more money by seeing the worst in things, the opposite is the case and youll be alienated from everything in life, it just so happens that when you drop the boundaries of what can be said and the bullshit and lies are stripped from a post, its kikes, race etc at the heart of it.

>> No.51581424

>>51580623
>>51581392
nazis (nationalist socialists), are just commies with nationalism instead of internationalism.

and they're all brainlets

>> No.51581434

>>51581424
>Posts the world's most brainlets take
>They are brainlets
Go back

>> No.51581504

>>51581434
When I go to reddit, I get the same brainlets there but from the commie side instead of the nazi side. They don't know your only difference is they have internationalism and you nationalism in your totalitarianist brainlet politics.

>> No.51581570
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51581570

>>51580165
>make a prediction of a event
>people who lack any inside knowledge to the market eat it up
>sell/buy accordingly
>self fulfilling prophecy
>system overseers notice a trend and try to stop it to prevent major hickups
>people who weren't involved in the original stuff get worried too because intervention is never a good sign of stability
>now even more people are trying to get their money out of the system
>massive fluctuations and loss of faith in fiat currency / stocks and the reliability of the system to keep their wealth safe
>people become miserly due to expecting the system to pop
>consumer based economy without consumers
>bailouts for big companies so people don't lose their jobs (yeah right we know why they really bailout)
>chaos ensues
>real das rite moment when the gibs system gets overloaded
>loss of faith in the system combined with civil unrest boiling pot reaching critical
>???
>ted kazcinsky does a barrel roll in his grave while the 1% ditch the hollow husk of the country they fucked up
>all because some meme man made a prediction to their cattle

>> No.51581669

>>51581504
>When I go to reddit, I get the same brainlets there
reddit is a platform that rewards users for posting what they think other people want to read, 4chan is a platform that has no persistence or reward for posting anything at all, if you are going to both places and reading "the same" thing you should maybe consider where and what youre posting right now.
do you think if you went on reddit tonight and started a new thread on any sub saying 'you guys are just as retarded as the nazis with your totalitarianism', that a single person would read it before it was hidden forever? the thread would either be insta deleted by a mod or it would be smothered out of sight with a handful of early downvotes, whether your conscious of it or not you know you have to come here to post what you really think about a topic and wouldnt even waste your time trying over there.
yet given this is the only site you can post your views about liberal totalitarianism on and have somebody see it, how can you then claim that what youre reading over there and on here is the same.

>> No.51581673

>>51580755
What are:
>AVAX
>FTM
>KDA
>HOGE
>MOVR
All of these were shilled relentlessly when they were cheap (or not even live yet, in the case of MOVR).

>> No.51581675

>>51580165
I’ll let you in on a secret cause I like ur pic. Biz is a collection of isolated schizo anons who as a collective are more wrong than right, kinda like the public at large but intensified. Fade everything you see here

>> No.51581718

>commies
>middle class people who have no job skills that would translate to a commune and no ability to even feed themselves should there be a societal collapse after class struggle
>nazis
>people who are anti status quo by vehemently supporting the same government that made things as they are right now, patriotic to the point of retardation without realizing two party system is playing both sides against each other like wwe shit talk show
start a new political movement and name it yourself instead of digging up corpses of two failed systems and calling it your own without reflecting any of the fucking values of the systems you're bastardizing

>> No.51581744
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51581744

>>51581718
>nazis
>vehemently supporting the same government
what lol

>> No.51581771

>>51581744
>no no it's not the system that is at fault, it is just *insert name of opposing party's latest figure head* that is at the wrong!
you're still supporting the same god damn government and system, you just think that it somehow works better if your guy is at the helm despite seeing how whenever they try to go against the status quo they get vetoed to hell and back
so yes, you're supporting the same fucking government and the same fucking system you idiot, just like in wwe they only oppose each other on stage they go to the same parties and play nice behind the scenes

>> No.51581782

>>51580165
The doomers will bankrupt you

>> No.51581800

https://youtu.be/vN4mAtt0NKM

>> No.51581801

>>51581771
Are you equating National Socialism with Republicans?

>> No.51581825

>>51581801
that is what your opposition labels you as while labeling themselves as communists, you're not national socialists because you're just both two sides of the two party system coin, you both support the same wwe tier system and you're both fucking idiots, occupy wall st was the closest the american public ever got to having a functional brain cell to share among the under classes but even that got flopped as soon as division groups got funded and sjw got taken seriously for some reason
look at you now america, was it worth it?

>> No.51581871

>>51580175
>>51580818
Based

>> No.51581876

>>51581801
it would seem so, i didnt think there was any of these people left.
>>51581771
>you're still supporting the same god damn government
the image i posted was showing that all of them are kike worshiping faggots, what era of history are you posting this nazis = patriots from lol

>> No.51581881

protip, consider occupy wall st 2: electric boogaloo

>> No.51581900

>>51580791
>>51581289
yeah, this is pretty much how it goes. biz has alot of smart posters, it's just the smart ones are selling to you. Everyone here has an agenda. on occasion, they make enough noise on something like BTC, ETH, LINK, that they actually influence the market.

But as always, when something is profitable, it gets crowded by midwits. Biz is currently the normiest it's ever been. And it will continue to become normier. A side effect of continued bull runs is it attracts attention due to it's good calls in the past. And when it attracts attention, the predators follow. Now we have professional organizations trying to influence the crowd, and the cacophany of bullshit is so loud now it crowds out any good signals. It didn't used to be like this, but every good thing must come to an end.

biz is the product now. all the players just herd its cash around.

>> No.51581915

>>51581825
>that is what your opposition labels you
it sounds like youre the one stuck in the kike puppet show paradigm.

>> No.51581935

>>51581825
National Socialism is not Right Wing American politics. This is such a brain dead take I don't know where to even start to explain. Obviously the two party system is completely corrupted and broken and neither side is worth supporting. I think you need to start to research what the people you criticize actually believe. Careful though, you might find you agree with 'evil nazis'

>> No.51582218
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51582218

>>51580175
>t. Walstreet kike

>> No.51582451

>>51580165
/biz/ is right when all of the newfags, twitter normies, redditors, zoomers, and third worlders are gone. Once the euphoria has gone away, much like it has now, only the most autistic, insightful and levelheaded people remain. This is why the board is so fucking comfy right now. Anyway /biz/ was right about everything in the past (2016 before the 2017-2018 bullrun, 2019 before the 2020-2021 bullrun) an definitely now. Yes, things are going to get fucking terrible. You're best bet is to start loading up a short on the broader stock market. Buy inverse SPY and QQQ ETFs and add a little bit of leverage just for the extra risk premium. The problem lies in one's ability to make tough quick decisions. By the time /biz/ is proven right everyone will think it's the end of capitalism and is going to be calling you crazing for wanting to scoop up essentially free stocks and crypto. Oldfags like me usually just sit in the shadows letting everyone have at each other and just enjoy the shitposting except when its time to actually be of help and we feel like helping. Anyway, I'm tired. Good luck to you anon. Don't listen to MSM, always listen to (skeptically of course) autistic contrarians on the internet.

>t. was here for the board's inception after we got kicked from /g/ for spamming it with Bitcoin talk. Have also been investing in/trading stocks + options for 11 years.

>> No.51582493

>>51582451
Sorry about the typos. I wrote this up on my phone.

>> No.51582525

>>51582451
>the board is so fucking comfy right now
we still have professional shills. I understand they don't normally show up in real conversations, but just knowing they're here ruins my experience.

>> No.51582565

During the 2020 bear market retards were saying this was the end of crypto

During the 2020 presidential elections retards on here we're betting for Trump.

That should tell you enough of this board.

>> No.51582611
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51582611

>>51580165
Well, biz shilled me on DEXT and it hasn't disappointing as of yet, neither has dextools itself

>> No.51582655
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51582655

>>51580165
see >>51580196

>> No.51582657

>>51580175
>this website
I thought this was an app?

>> No.51582681

>>51580220
its copy pasta,newfag

>> No.51582779

>>51580165
Things I was wrong on
>ATH of BTC
>war in Ukraine escalating from proxy to full scale
>commodities super cycle
Things I’ve been right about
>the bear market but only since January
>the continuing rise of interest rates
>the housing slump

>> No.51582847

>>51582779
>>war in Ukraine escalating from proxy to full scale
>>commodities super cycle
yeah that shit caught me off guard. also

>wrong on dollar milkshake theory
just seemed so goddamn ridiculous

>> No.51583838

>>51582565
Trump won

>> No.51585573
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51585573

>>51580669
I just come here to have fun and laugh my ass out, other than that, I stream Family Feud and Scene It? on the GameStar+ streaming platform for relaxation. There is nothing much to see here other than a bunch of retarded normies crying like wanna-be cry babies.

>> No.51586107

>>51585573
>a bunch of retarded normies crying like wanna-be cry babies
how do real cry-babies cry, then?

>> No.51586368

>>51580623
/pol/ is reddit's retarded brother.

>> No.51586522

>>51581392
Nah, a lack of moderation attracts the extremists because their opinions are (rightfully) removed everywhere else. The most aggressive extremists are right wing, they drive out everyone who is not offended by blatant racism and propaganda all day every day. It's nice to have this containment board. Nobody sane goes there, the citizens have to wallow in their own filth. When they can't stand their own echo chamber anymore and try to leave, just tell them to go back. That makes them furious, it's very funny to watch.

>> No.51586560

>>51586522
This is a massive cope

>> No.51586578

>>51580165
BTC, ETH, LINK. Anons who shilled SHIB were called schizos but were proved right. Some stonks in the general thread were on the money too.

>> No.51586584
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51586584

>>51586368
>yay commies troons and single mothers
go back npc

>> No.51586597
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51586597

>>51586522
>I- it’s very funny to watch
Seething subhuman thinks troon and pedo jannies are the intellectual champions to decide what is right and true.
>go to social media for npcs
>post truth no slurs
>get banned
kys

>> No.51586612
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51586612

>>51581504
>>51581424
>I know nothing about nazis and commies and so they’re the same
Imagine comparing Aryan traditionalists to jewish collectivists holy fuck this place is full of trash since r*ddit invasion

>> No.51586634

>>51581718
>>51581771
>>51581825
>nazis are maga red vs blue supporters
in other news vegans are people who like snorkeling

>> No.51586645

>>51586597
I endorse multiple opinions. But we don't want to dilute these diverse opinions by mixing them, right? So if everybody stays in their own country.. ahem board, then we can preserve this rich diversity. Don't you agree?