/biz/ - Business & Finance

>lay off worthless employees
>worthless hr roasties getting toasty
>unleash ai to make dank pepe art
>ai tells us to stack mad sats
>market hella up
Yeah, I'm thinkin' we're back bros.

>>53366857
>largest tech companies on earth are having their largest mass layoff in their history
>bearish
nigger their going to be recording record profits

>>53366876
fpbp

You think it's going to go down so that means it is going to go up

>>53366876
This is the top until late 2023. You fucked up and fomo'd in at the top of this weak pump, didn't you?

>>53366857
posts like this are yet another reminder of the massive wall of disinformation that has made the average person completely unaware of the real reasons why all of this is happening and what will happen next

>>53366857
Crypto leads the stawk market bobo

>>53366909
You know it. Put your hands in the air, baby, here we go.

>>53366920
Is your feeble mind telling you that BTC is not strongly correlated with the Nasdaq? It has been for years and that is not about to change. Quick question, bigbrain. Which sector is effected the most by a depression?

>>53366920
Who is pumping the bags then?

>>53366939
You really believe that, mumu? holy shit. You out there giving advice to others? wew

>>53366857

long hair dont cair

>>53366857
not always retard.

>>53366857
>The largest tech companies on earth are having their largest mass layoff in their history
priced in

>>53366997
>not always retard
BS anon. Look at the chart.

>>53366857
BTC just broke out of the slavery of TA for the first time in what feels like forever.First,it got above 21600$,demolishing the trend of higher lows and secondly it got above 22K breaking out of the massive ascending channel which it was stuck,but please do your part and be fuel that drives the price forwards with your shorts

>>53367018
>priced in
Google aka Alphabet laying off 12,000 people TODAY, their largest layoff ever was priced in? Geezus anon. You can't be this stupid

>>53366966
>depression
what a dumbass. This is month 11 of the recession. That's not a depression and no we're not entering a depression either. Pic rel.
.13
Max is 1

>>53367044
It's not TA, zippertits. It clearly shows the correlation between The tech sector and BTC. They are attached at the hip. Unlike your tiny dick you dream of cutting off someday.

>>53367045
>Google aka Alphabet laying off 12,000 people TODAY, their largest layoff ever was priced in? Geezus anon.
it literally was Lmao. Think about it. We PUMPED on that news. Markets are a clownfest. Markets also lead an economy.

>>53367069
pic btw is correlation between nasdaq and btc

>>53367020
okay i'm looking

>>53367069
The recession hasn't even officially started yet. You huffing paint, anon? Post the rest of your gay chart you insecure little faggot.

>>53367071
Please tell you're shorting

>>53367104
>The recession hasn't even officially started yet
Wrong. Pic rel.
Government consists of lying scumbags.

>>53367100
checked and brokentrendline pilled

>>53366857
>>53366909
>>53366966
You sad excuse for a human
You will die soon, bobo

>>53366857
I’ve been leverage trading btc on margin. Up bigly. Already starting to cash out. Tongue my anus.

>>53367117
>moving the goal posts
it can return to the trend just as easily

>>53367044
>the slavery of TA
It's that BTC price isn't following anything resembling organic price action or even reacting to bullish news that should warn you it's a scam pump, anon.
But your point is right. Bobos need to quit trying to time the top. If whoever is moving the market can easily override resistance and hold up levels of support without any sort of natural healthy pullback, they will pull the rug when they decide to, not according to what any chart says.

>>53367104
Also the chart is literally showing how correlated btc is to nasdaq, fucking idiot. Not even TA. It's literally just showing their relationship to one another

Fuck you

>>53367122
You just now realizing you fomo'd into this mess just like the rest of your mentally disabled mumu friends? Dummy

>>53367123
>Already starting to cash out.
Well done, anon. gl

>>53367133
>It's literally just showing their relationship to one another
That is exactly my point, poindexter. When the Nasdaq tanks, so will BTC.

>>53367194
>That is exactly my point, poindexter. When the Nasdaq tanks, so will BTC.
you're retarded and didn't understand the the chart.
.13 is NOT heavily correlated.

>>53366857
>You pea brained Mumu's realize that BTC follows the Nasdaq, right?
Why was Nasdaq higher early December while Bitcoin was 16k
HE WONT EXPLAIN THIS
>>53366876
>>53366882
>>53366886
>>53366896
>>53366909
>>53366920
>>53366939
>>53366959
>>53366966
>>53366977
>>53366981
>>53366982
>>53366997
>>53367044
>>53367071
>>53367100
>>53367116
>>53367122
>>53367127

>>53367228
nice formatting

>>53366857
They massive layoffs will lift the stock market as the fed will finally have the unemployment numbers they have been looking for the stop hiking rates

>>53367213
>you're retarded and didn't understand the the chart.
You didn't even show a chart you insecure little bitch. What are you afraid of, getting laughed at when you show the full chart? No different than any woman that has ever seen your dick. You should be used to the humiliation. Show the whole chart, pussy

Why are bobos such assholes?

>>53367147
Retard I been holding this entire time. You are useless here

>>53367236
Doesnt change my point

>>53367228
FTX, pea brain

>>53367250
bro i'm unironically a bobo, ningga i'm not even playing or fighting with you lmao

>>53367245
Why do you talk about penis so much?

>>53367239
>for the stop hiking rates
Not until 2024. Is it just easier for some of you to just stay delusional? wtf

>>53367228
see >>53367259
I know it drives you guys nuts, but BTC is basically a tech stock.

>>53367071
BTC has to catch up to the nigdax to recorrelate. Every sharp in the game is telling you BTC is under valued relative to the other. You didn't buy the cycle low because of the wall of worry that happened a year ago
You're the midwit fuel of every market cycle.

>>53367245
>You didn't even show a chart you insecure little bitch.
It's right here, fucking dumbass: >>53367069
Let me dumb it down further. There are times of high correlation. This is not one of those times

>>53367276
>I know it drives you guys nuts, but BTC is basically a tech stock
They can't handle the truth here. Thanks anon. This restores my faith that /biz/ is not 100% retards

>>53367317
you're an idiot

>>53367313
Why are you so scared to show your chart? Seems like tiny dick syndrome to me. I won't laugh anon, I promise

>>53367340
>still talking about penis

Bitcoin is guaranteed to go up against fiat. You'd be stupid to short it

>>53367274
The fed has said repeatedly they are going to hike until they see people fired. Why do you think the tech companies are all doing this at the same time. It’s coordinated action to tell the fed mission accomplished

>>53367340
>Why are you so scared to show your chart?
Are you fucking blind, you stupid bitch?

>>53367300
>BTC has to catch up to the nigdax to recorrelate
Look again, dipshit.

>>53367380
That's not what they said though the Fed is done with hiking and they are likely to reverse course soon.

>>53366857
>You pea brained Mumu's realize that BTC follows the Nasdaq, right?

>>53367404
"There will very likely be some softening of labor market conditions," Powell said in his September 21 economic outlook. "We will keep at it until we are confident the job is done."

>>53367380
Todays layoff will barely move the needle. The layoff are across the board in the tech sector, and all of them are due to a major economic downturn coming very soon. You think Google sacrificed 12,000 people today to appease Jpow? You fags have such a weird imagination.

>>53367404
Powell and scores of other economists believe the U.S. job market is too strong to allow inflation to fall. The combination of super-low unemployment and record-high job openings have fueled rapid wage growth, they contend, which forces businesses to raise prices to afford higher labor costs.

Powell has argued for months that the Fed must bring the labor market into “balance” before inflation could fall back to normal levels. But that means putting people out of work and leaving them with much fewer opportunities to find jobs after nearly two years of rapid inflation.

>>53367426
>Todays layoff will barely move the needle.
today's layoffs pumped the market, retard. Even google itself pumped from it. News traders always get chopped

>>53367426
Lay-offs are temporarily bullish as a company reducing it's costs usually increases it's profits>>53367446

>>53367260
And im bullish since months
>>53367259
>>53367276
>>53367317
((You)) are trying to force meme this, kys
Since ftx is gone we have little correlation.
In fact wer outperformed basically everty<hing back then
End of december wasd tech capitulation while Bitcoin just crabbed
WE DONT HAVE MUCH CORRELATION ONLY GLOWIES CLAIM IT TO MAKE YOU SELL

It's open season on Bobos right now. No mercy.

>>53367421
But that's not why they have raised rates. The Fed needed to get the rates up to give themselves some room to work with. Now they have changed the way they calculate CPI so by mid year, CPI will fall to the Fed's target. Rate hikes are over and they will start the money printers soon. Bobo's need to understand the financial markets are never going to make sense, don't bet against clown world.

>>53367426
Layoffs in the usa dont evn target Bitcoin, and the usa is not the world.
I mean it targets Bitcoin so far that the fed will pivot after layoffs

>>53367504
Of course the primary reason the raised rates is to fight inflation. But they have said repeatedly that they can’t get inflation down with record low unemployment. They need people to lose the jobs to help suppress demand for goods and services

>>53367459
Says the needle dick who's too scared to show his chart, and you're wrong. Fed Governor Christopher Waller spoke this afternoon, and said that he favors a 25-basis point increase at the FOMC's next meeting at the end of this month instead of a .50 like most of the market was expecting. The entire sector rallied because of it and then BTC followed. Stop acting like you know wtf you're talking.

Bitcoin will always go up against fiat because fiat is inflationary. So long as the network keeps pumping out a block every ten minutes, Bitcoin will gongo.

>>53367484
>temporarily bullish
Enjoy your temporary bullish moment in the sun Mumu. Shits about to hit the fan and BTC will follow

>>53367491
>WE DONT HAVE MUCH CORRELATION
You should probably wear a helmet when you leave the house anon.

>>53367259
FTX happened between those dates?
Kys but really

>>53366857
You're legit fucking retarded.
BTC doesn't have earnings and wagie retail is getting their tax returns. Smart money bought before wagie, how fucking blind and stupid are you, give up on finance if you can't see that.

>>53367597
We really dont why else did we megapump when stocks are still lower then months ago.
YOu are glowies or jews trying to forcememe this

>>53367510
>Layoffs in the usa dont evn target Bitcoin, and the usa is not the world.
The Nasdaq controls BTC. That's a fact no matter what 3 rd world country you live in you, Juan

>>53367565
>Says the needle dick who's too scared to show his chart, and you're wrong.
I posted it twice, dumbass faggot. LOL

>>53367627
Why was Nasdaq higher early December while Bitcoin was 16k
EXPLAIN THIS YOU SCUM

>>53367635
You hide it like a tranny tucks his junk. Scared little bitch

>>53367627
>>53367644
I can give you one reason since you cant, Asia was mega buying last weeks, asian hours were ultra green They dont give a fuck about your great satan stocks

It’s unbelievable how dumb some of you are.

>>53367651
No, dumb bitch. I "hid" it because it's irrelevant to the point I was making. What a fucking monkey

>>53367644
>early December
Do you live in a cave, anon? FTX imploded in November. Good grief man, you're dumb

>>53367597
Listen faggot, Bitcoin is not a stock, it's a bearer asset. Been buying and will still buy. A Bitcoin bank account right now is the big brain move.

>>53367663
Awww, still too insecure to post your whole chart? They call this micro penis syndrome. Sucks to be you anon

>>53367669
Im talking about the last two Months not about November

>>53367684
Um, dumbass. The "whole chart" I have here has nothing to do with nasdaq and btc correlation.
Fucking hell, you're an idiot.

>>53367688
Look closely at the chart you retarded child. See everything before the FTX implosion? You gonna try to say that they are not completely correlated? I worry about some of you mumus. How are you so dumb and still function safely in this world?

>>53366857
Ask yourself,
>why is BTC correlated to tech stocks?
It's because big traders who buy/sell tech stocks also buy/sell BTC. However, these aren't in the same ratios, because BTC has higher volatility than tech stocks (this is obvious, btw). So,
>what gets sold more when the markets are dumping, tech stocks or BTC?
BTC and other cryptos (also obviously). MSTF, GOOGL and AAPL are way "safer" in the normalnigger's mind, let alone the SPY. So then,
>what happens when the big traders have dumped most of their BTC while they still have significant positions of tech stocks?
The correlation goes away.
You really are a niggerbrain if you don't understand this.

>>53367705
>The "whole chart" I have here has nothing to do with nasdaq and btc correlation.

So it's worthless and offers nothing related to the OP? OK needle dick. Take your insecurities someplace else.

>>53367669
Yes it was correlated from january 2022 to october 2022. But we are back to normal
STILL NO ANSWER TO
>Why was Nasdaq higher early December while Bitcoin was 16k

>>53367394
You stupid nigger brain toaster turbo cunt.
I'm not talking about the positive/ negative correlation. I'm talking about price to price value.
BTC can drop 40% because some Jew exchange fails while the nigdix doesn't move. Then spend the next month in perfect harmony. (Muh correlation which only works best during trading hours) BTC is still highly correlatated but as an example 20k less than it was the last time the basedtec market was at the similar level. BTC is undervalued against (a index) which is a stupid fucking thing to do. The index is top heavy and doesn't even unaperate on the same mechanics as a cryptocurrency. The only reason this relationship ever exists at any point is because institutional trading put Bitcoin at the tech desk. The only time you should ever be using the correlation is to day trade during regular hours.

>>53367736
>cocks
>cocks
>more cocks
>c
>o
>c
>k
>s

>>53367711

Yes it was correlated from january 2022 to october 2022. But we are back to normal
STILL NO ANSWER TO
>Why was Nasdaq higher early December while Bitcoin was 16k

>>53367727
>>what happens when the big traders have dumped most of their BTC while they still have significant positions of tech stocks?
>The correlation goes away.
Happened already check the last months lol

>>53367743
Dude, it's fucking real simple. Nasdaq goes down, BTC follows. It's been like that for years. Maybe you shouldn't of risked your rent money if you have idea what tf you're talking about.

>>53367765
>Happened already check the last months lol
Exactly. OP has negative IQ.

>>53367773
And yet thats not true fro the last months.

>>53367675
Agreed anon, btc would fetch good returns in the long run as you just need to accumulate. I'm doing my DCA in Sat's and I also diversified into web3 alts like Flux and Sylo for the most returns

>>53367773
>It's been like that for years.
Also a lie its only been last year are you a newfag?

>>53367752
Nasdaq =/= stock market. Nasdaq and crypto lead s&p but take turns to lead each other.

>>53366857
I bought at 16k when you were still fudding
Kys

>>53367793
DCA up? I agree with you bit buying the tops is stupid and not a good strategy. At least you are diversified, but they will all go down soon. I'm sorry.

>>53367807
OP explicitely talked about Nasdaq
But well Dow Jones was also higher early December then now, no same point lol

>>53367841
Look at the price structure, btc broke up b4 s&p

>>53366857
Bitcoin is fucked because it's imaginary internet bean money. You're clearly a child because "layoff mean stock go down" shows you haven't been in the markets long. Layoffs are usually great for the stock price if the companies are solvent.

>>53367807
It's like a school of fish. They stick together and anyone denying that has a brain as smooth as an egg. They are all going down and the only people that refuse to believe that are the pea brained mumus that always fomo in and lose.

>>53367807
>>53367851
Why was Dow Jones higher early December while Bitcoin was 16k?

>>53367751
This guy gets it

>>53367773
You don't understand volitility you fucking nigger aids. Up/down don't happen in the same magnitude. BTC is trading down while nigduk is down , but far more down.
Most of which happened rapidly. For reasons that have context you fucking sperg.

Jfc. Just go open a short, get blown out, then long at 28k. If malt liquor doesn't kill you perhaps failure will.

>>53367864
muh bottoms in fags like you are the real problem here. Your damaged undeveloped brains can't see it now, but they will. Soon.

>>53367866
>keep ignoring my point
Why was Nasdaq higher early December while Bitcoin was 16k?

>>53367877
>pricr structure.
btc just broke it at open today.

>>53367901
>today
Its been all month this way
So no answer get it

>>53367913
Learn 2 technicals

>>53367913
You're due for a wellness check anon, and why are you even using a computer without adult supervision? You must be 18 to post here, kiddo. Go to bed

>>53367890
I tried to help your pea brain out. The only people that give a shit are the people that got laid off and socialists that pretend to care about "muh workers". Bottom is in, the fat trimming is needed, cope, Sneed, dilate.

>>53367935
WHY WONT YOU ANSWER MY QUESTION
>>53367924
You too
>Why was Nasdaq/Dow higher early December while Bitcoin was 16k?

>>53367937
You're helpless and soon to be homeless.

>>53367949
>Two more weeks

>>53367948
You are looking at the wrong thing, the pico nano second bottom doesnt matter.
Its about the bottomjng structure. Btc leads s&p

>>53367948
I did you pajeet freak. Go make your spam calls and stfu

>>53367958
No you did not
Ftx happened already back then
STILL NO ANSWER
LYING JEW
>>53367953
If there is a wrong thing to look at, then there is no great correlating

>>53367978
>then there is no great correlating
I pray that a village somewhere in Punjab does not depend on you for anything. Go get a GED and comeback when you understand the basics, Yogesh

>>53367978
The absolute bottom is barely traded, market wise it has no meaning. What matters is breaking out of the lowest accumulation zone in the bear market downtrend

>>53367736
Um nigger. Do you even know what the blue things there are? THAT part is relevant hence why I posted that part.
L
O
L

>>53368009
You did STILL NOT ANSWERING MY QUESTION
Why was Nasdaq/Dow higher early December while Bitcoin was 16k?

>>53368019
As you frame it, i have to partially agree, surely there a general correlating its just very weak again which is a good thing

>>53368023
>Do you even know what the blue things there are?
Do you even know English? Post your chart or gtfo shrimp dick

>>53368009
That wasnt ment for you, to answer to you was
No you did not
Ftx happened already back then
STILL NO ANSWER
LYING JEW

imagine being short at the absolute bottom lmao couldn't be me

i hope you kill yourself in 2 years

>>53368176
Imagine truly believing that the bottom is really in. You're already brain dead .

>>53368066
I did, dumb retard. The fact that you don't understand it shows how fucking stupid you are

>>53368204
cope lmao

>>53368213
You're trying to say that there will be no recession, right? Are you one of those weird freaks that enjoys public humiliation?

>>53368066
>penis

>>53368204
>>53368261
Not no comprehensive answer why Nasdaq/Dow was higher early December while BTC went from 16k to 22k
And no ftx happened already back then

>>53368261
>You're trying to say that there will be no recession, right?
holy shit, you don't know anything. I'm done. You're retarded as hell. Also we've BEEN in a recession, moron. FUCK. I'm done. You're too stupid.

>>53368341
Are you really having such a hard time with this, Yogesh? Take a long look at this chart and see if you can wrap your poo brain around it.

>>53366876
This is why you’re all poor.

>>53368429
So you are literally saying that the recession is already over? Holy shit, I'd dip out too if I was making such a fool out of myself. Did your secret chart that you are too scared to post tell you this, fagmo?

>>53368444
Checked and correct

>>53367045
You do know laying people is GOOD for stocks don't you?

>>53368490
Is a recession good for stocks, anon or do you also believe that there won't be one? I can't try to heard you retards much longer.

>>53368436
Yeah ((ftx)) was dloing the correlating and now its gone finally
LFG

>>53368637
You are officially the dumbest motherfucker on /biz/ that's quite the feat anon. Well done

>>53366857
>>53366876
That's it, this is the fpbp if i've ever seen one, even my vinu charts are going up. We're back bozos

>>53368709
Cope
Too stupid to see lines?

12000 layoffs, thay means 12000 pension packages to pump into btc! To the moon baby!!!!!

>>53369380
yeah anon, the first thing that these people that have lost their jobs/careers are going to do in throw their pensions and savings into BTC. You nerds try to hard, and look so stupid in the process. I'll make this real simple for you simple minded mumus. Stock market goes up, BTC follows. Stock market goes down, so does BTC. What happens to equities during a recession, anon? How you freaks refuse to see this is almost unbearable. I feel sorry for your families. You disgrace them every day with your stupidity.

21k is literally gone forever stupid bobo nigger

>>53366857
Consider the following, my melanin saturated friend: What if the stock market does truly plummet and the dollar goes in to hyper inflation. What will you want to hold? Where will people flee to? Shiny rocks that are found in abundance? No, my dark skinned friend. That age is over. This is the age of the BTC.
None of that will happen in your lifetime, but that’s what will happen.

>>53369504
How did you destroy your brain like this, mumu? Was it weed? You honestly believe that?

>>53366857
No it doesn't zoom out.

>>53366857
>>53366909
>>53366966
>>53366981
>>53367020
>>53367045
>>53367071
>>53367104
>>53367117
>>53367147
>>53367167
>>53367194
>>53367245
>>53367259
>>53367274
>>53367317
>>53367340
>>53367394
>>53367426
>>53367565
>>53367580
>>53367597
>>53367627
>>53367651
>>53367669
>>53367684
>>53367711
>>53367736
>>53367773
>>53367832
>>53367866
>>53367890
>>53367935
>>53367949
>>53367958
>>53368009
>>53368066
>>53368204
>>53368261
>>53368436
>>53368461
>>53368480
>>53368504
>>53368709
>>53369482
>>53369577
cope :^)

>>53369608
OK, so practically no one in this thread agrees that BTC is extremely correlated to equities? This explains everything. It's official, /biz/ is an actual containment board for raging retards. gl

>>53366876
holy based

>>53366857
MUH LINE I DREW ON CHART MEANS MARKET GOES DOWN FOREVER

Lol, lmao even

>>53369654
Man, I've had mumus scream at me for pointing out that BTC is inversely correlated to DXY. Saying that USD has nothing to do with BTC-USD is like saying BTC-ETH price has nothing to do with ETH price, but holy shit they will still say, "Nuh uh! DXY is down .3% and BTC is down 1% today!"
Like nothing outside of crypto's ecosystem actually influences crypto. I don't get it, but that's how they see it.
My guess with regard to their protests that BTC isn't basically a leveraged NDX is that they confuse what BTC is supposed to be versus what it actually is in the present time.
It's intended to be a commodity. A hedge against inflation. Digital gold.
What it actually is is a highly speculative tech stock that loses almost 80% of its value during an inflationary year.
It hurts because it's true.

>infantile bobo/mumu posting
>name-calling
>pretending to know the future
i recognise you and im only stopping in to say i didnt read your shit thread and no one here is learning anything of value arguing with this retard

>>53369777
>a raging seether appears

This thread is now a penis thread

PENIS
COCK
DICK
WEENER
DONG
SHLONG

>>53366876
Stonk market takes a fucking nosedive this spring, and
Nato tacitly involved in ukraine by may.
Everything thats not defense stocks will shit itself. Btc to 11.2k checkem.

I think Elon and Twitter was a wakeup call. It made a lot of places realize yea, we do have a lot of useless thots and diversity hires getting paid to do fuck all. Those annoying day in the life tiktoks really put a huge spotlight on their ineptitude. Amazing they didnt realize their clout addiction was them hastening their own demise.

Tldr-- getting rid of a shitton of dead weight is bullish af for tech. No more distractions, now all the producers can produce.

Captcha yay org

>>53366857
HOLY SHIT.
$10K IS INCOMING.
BULLS ARE STILL BUYING.
IN 2 GENERATIONS WE WON'T HAVE ANY COWS TO MILK OR EAT.

>>53367550
Thats not the primary reason because the rising goods are primarily due to other issues. Namely the rising prices are due to covid shutdowns fucking supply chains and the sanctions on Russia fucking basic goods. Russia is not only a major gas suppliet buy one of the largest fertilizer and grain exporters. Raising rates cannot fix this because food and energy are basic goods people need amd there is only so much you can resuce. The fed knows this.

The purpose of raising rates is to reload the chamber so to speak so that they can cut rates to goose the economy but they need to have enough to cut to have an impact and cutting from 2 to 0 wont cur it just see how much they cut in the last few recessions; pic related.

>>53366857
>next week
My time horizon is measured in hours, kek. I assume when the burgerclaps wake up things will pump a little more and then I'll sell.

>>53370292
>>53367127
all true

>>53369537
Now imagine if the dollar goes in to hyper inflation, however banks are ordered by law not to allow any assets being transferred to any crypto exchange as they are funding criminals, terrorists etc.
Then they will introduce a new digital dollar that is 'just as good as bitcoin' except it will have actual adaptation. Just what will the people do...

And just like that, BTC never went under 20k again.