/biz/ - Business & Finance

>>54062847
Very bullish
XLM will moon again soon.

>>54062847
If you think crypto exchanges are more resilient than the banks sure (they're not)

>>54062847
Yes. But don’t expect panicking retards to do anything that makes financial sense at a time like this.

>>54062847
It's going to be a renaissance, nigger

>>54062877
Underage arent allowed to use this site

>>54062847
Yes but don't tell bobotards this. keep it on the DL and watch the fireworks monday.

>>54062847
6000 year collective unconscious instinct will kick in and people turn to GOLD ROCKS

>>54062904
Your scamcoins arent worth anything without normies on coinbase holding your bags

>>54062877
>exchanges
lol, who the fuck is keeping their shit in exchanges anymore, seriously

Also >>54062847 to double down on your point, there's entirely a possibility that banks would block deposits onto crypto exchanges if bank runs begin. What happens when there's high demand for BTC/crypto and it becomes harder to acquire?

Just a thought.

>>54062847
They're going for cold hard cash. you can't buy BTC easily with cash. There's almost no ATMs left anyway...

>>54062847
$400 billion market cap is absurd. currently it's dependent on globohomo to pump. when it was just worth a few billion it was different.

>>54062847
Bullish obviously. Bitcoin was made for it.

>>54062847
Short term bearish as centralized exchanges expose crypto to risks in the financial sector

>>54062847
Retard
if someone wanted to save their money why would they park it in a asset that can drop 90% overnight, cant pay the bills in btc

>>54063021
Absurd? Is Gold's mcap absurd as a store of value?

Please remember this is the first time that BTC will exist in a major bank-run environment. We will finally find out how it'll perform in the environment it was programmed in, and programmed for.

>>54062877
>>54062910
>>54062904
>>54062986
>>54063006
>>54063021
Retard Boomer takes.

They always print to cover bank runs and if they don't print China wins the world from Jews.

>>54063065
Can't pay the bills in "my bank wouldn't let me withdraw my money" either

>>54063004
Yeah I was thinking of that, cuz if they block withdrawals due to no cash, will they stop people from spending their money electronically too?

when normies realize that crypto was made for this sort of scenario, it will be too late

I'm buying ammo and more farming equipment, enjoy your internet dollars when the electricity goes out.

>>54062847
>bullish or bearish
Bullish. Bitcoin was designed for this exact situation - to get money out of the banking system during times of crisis.

>>54063118
Yes, it's viewed as "cash/cash equivalent" on the balance sheet, so any electronic withdrawals would also drop their assets.

>>54063158
>when the electricity goes out
If only there was some decentralized method to pay private parties for producing that electricity.

>>54062847
10 years ago yes, but now that the banks are heavily invested into it no

>>54063087
Africans have come to absolutely hate China, with the exception of Ethiopia to the best of my knowledge. Same with the Middle East. Same with other Asian nations.
China has Negative relations with pretty much everyone.
They recently had to seize paychecks from medical workers, teachers, police, etc over the last few years. 2-5 year period. So even their economy is tanking.

Like bro, why does anybody think China is going to take over anything? How do you guys still buy Chinese State Run media information(The only information that comes out of China)

>>54062847

Depends. Do you believe in greater fool theory to the extent that you believe major banks collapsing worldwide will cause people to *transfer all their assets into cash or securities then give it to those collapsing banks to hold*

Or do you believe people are smart enough to act in their best interests and enter the decentralized future where they don't have to talk to a person who failed in life at a bank to find out they can't take out even enough cash to buy a used car without calling well in advance and making sure they don't show up on a weekend or after work ON A FUCKING WORKDAY, why are banks only open when everyone else is working? Answer is the institutions are corrupt to the core.

>>54063471
Everyone hates America unless you're a tranny

>>54063689
>Everyone hates America
Except they don't. They just think America is fucking annoying and pointless. Even the Middle East views American involvement as retarded at worst. None of them expected any change at all, and made billions off of it.

>>54063471
Like so many people you make the mistake of forgetting about demons. You think of things in terms of the players instead of the forces that lead the players where they go.

>>54063876
>You forget about demons
Ah yes, the State where officials can rape and beat women to death, sweep it under the rug, and shrug it off en masse. That's definitely the morally superior government. With it's total disregard for human, natural, and generally speaking ALL life. Whether it be ocean life, river life, forest life, etc. They are certainly the Force of Light the planet needs. Sludge lakes after all, are a sign of a harmonious society.

>>54064097
wat
>the forces that lead the players
Point is, what do they disregard humanity for? What leads them?

>>54064190
The total obliteration of the environment, and decay of advanced human civilization that is close to reaching the stars.
OR
The West, who inherited the Will of Fire. The Strength and Hope forged to produce an Iron Will to push through all adversity for mightier and mightier deeds.

>>54064217
All based on demand from the west who dominate the world. We pay them for their products and ignore what those products demand.

No, retard. When things get rough, people want relatively hard assets. This means physical US dollar bank notes, real estate, commodities including but not limited to gold.

Why on earth would you imagine buttcoins would do well in a winter for the economy especially the tech sector?

>>54062847
Yes it would, but unfortunately the vast majority of people still don't understand how Bitcoin works on even the most fundamental level and think it's a huge risk.

>>54064217
STFU space fag. Humanity is never going "to the stars." This is science fiction nonsense sold to people to pump up scams like Space X.

>>54062847
Yes
>>54064510

>>54064510

>>54064461
Of course it’s a huge risk. It fluctuates wildly and largely tracks the NASDAQ and the more speculative end of the tech sector. Why would anyone store their money in something like that?

>>54064217
>the West, will of fire
will of faggots and kikes more like wake up loser there'll be no space anymore just niggers

>>54064332
>>54064506
>>54064743
Seethe Little Reds

>>54062847
reminder this kind of situation is what satoshi had in mind when making BTC