[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

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

/biz/ - Business & Finance

File: 197 KB, 2356x1403, 1676077541243629.jpg [View same] [iqdb] [saucenao] [google]

54057477

Anonymous Sun Mar 12 08:53:18 2023 No.54057477 [Reply] [Original]

Why is crypto not reacting more to the bank collapse? Shouldn't we be at $12-$13k Bitcoin now?

>>	Anonymous Sun Mar 12 08:56:18 2023 No.54057503 >>54057477 Because it's not a real collapse, it's just manipulation

>>	Anonymous Sun Mar 12 08:56:49 2023 No.54057514 >>54057477 Because the market is as rigged as the banking system. With Tether and the flat books, the price can be adjusted at will.

>>	Anonymous Sun Mar 12 08:58:33 2023 No.54057534 Nothing has changed with Bitcoin. The massive market makers holding the price where it is can't cash out anyway, so USDC shit doesn't matter to them.

>>	Anonymous Sun Mar 12 08:58:57 2023 No.54057540 Bitcoin has a total of $0 in SVB. The fiat pegged shitcoin, USDC, had 10% of its funds in the pozzed California bank that had a bank run. Shitcoins rise and fall, but BTC will always be king.

>>	Anonymous Sun Mar 12 08:59:30 2023 No.54057543 >>54057477 Bank collapses are bullish for crypto

>>	Anonymous Sun Mar 12 09:01:03 2023 No.54057559 >>54057477 events that /biz/ makes up don't affect reality

>>	Anonymous Sun Mar 12 09:15:41 2023 No.54057697 Wait a second....... >bank run scare >people move to crypto as alternative store >mad phat pomps and gains and deenz on toast all round for summer?

>>	Anonymous Sun Mar 12 09:20:34 2023 No.54057754 >>54057697 Yes.

>>	Anonymous Sun Mar 12 09:29:42 2023 No.54057850 >>54057754 Awesome. I was dangerously close to having to stack shelves again.

>>	Anonymous Sun Mar 12 09:50:38 2023 No.54058064 because there is no bank collapse. stop being retarded

>>	Anonymous Sun Mar 12 09:53:41 2023 No.54058098 >>54057477 > banks can come good on a few % of their deposits > exchanges have 100% on hand at any time jeez wonder why

>>	Anonymous Sun Mar 12 09:53:55 2023 No.54058100 >>54057697 holy fuck. You Zoomer niggers really dont understand the point of all this do you?

>>	Anonymous Sun Mar 12 10:07:52 2023 No.54058235 >>54058100 why not? boomers are about to hand us zoomers all their retirement $$, it is sweet poetic justice

>>	Anonymous Sun Mar 12 10:53:56 2023 No.54058643 >>54057543 The opposite, you absolute imbecile. Nothing bullish about liquidating the losers that we dump our ponzi on. How can the price pump in the bullmarket without idiots buying the way up/top??

>>	Anonymous Sun Mar 12 10:55:32 2023 No.54058652 >>54057697 Yea, people run from a ponzi to another ponzi, totally not towards bonds, real estate and PM. Kek, crypto will dump tomorrow

>>	Anonymous Sun Mar 12 11:07:01 2023 No.54058742 >>54058652 No wallet has ever defaulted holding Bitcoin.

>>	Anonymous Sun Mar 12 11:10:19 2023 No.54058782 Crypto is primarily made of scammers, con-artists, degenerate gamblers, and bugmen with wealth dysmorphia who imagine themselves to be smarter and richer than they really are.

>>	Anonymous Sun Mar 12 11:58:58 2023 No.54059265 File: 118 KB, 1200x945, FSfUaH_XIAAc5r7.jpg [View same] [iqdb] [saucenao] [google] >>54057477 why would a bank failure have any influence on crypto currency?

>>	Anonymous Sun Mar 12 12:01:27 2023 No.54059288 File: 3.12 MB, 1252x1632, satoshi-knew.png [View same] [iqdb] [saucenao] [google] >>54058643 I just checked my cryptocurrency wallet all my coins are still there, even though the banks have collapsed. You were saying kike?

>>	Anonymous Sun Mar 12 12:23:10 2023 No.54059520 >>54059265 It only shows how credible and independent crypto is. We should be buying instead of fuding. NXRA, BTC, EGLD, XRP, BNB and many more are just beginning.

>>	Anonymous Sun Mar 12 12:25:26 2023 No.54059552 >>54057477 what bank, that literal who rural bank???