/biz/ - Business & Finance

Holy shit... I'd make like $7000.

>>54151331
no just $500k

>>54151331
thanks just bought more xmr

>>54151331
They're just going to print for all eternity and you know it. It's always like this.

>>54151331
if banks fail how is anyone going to move money into BTC?

>>54151377
It’s annoying because if what’s happening occurs 15k was the bottom

I was hoping for a buy in at 8k or so

>>54151409
dont worry you'll have that opportunity

>>54151406
The price of bitcoin gets bid up that high instantly as demand goes parabolic due to bank failure

At that point there is no cashing out of Bitcoin, Bitcoin becomes the payment system for millionaires and billionaires

>>54151416
Oh and the plebian No coiners will get some other shit to replace banks

>>54151331
And shitcoiners will be left holding their worthless bags of link and icy pee.

>>54151439
Yeh, forgot to mention that, 99% of altcoins and 100% of shitcoins will go to 0 as they all flee into Bitcoin.

>>54151416
you realise that if banks fail then everyone's money just evaporates, right? nobody would get the chance to buy BTC.

>>54151331
If banks fail XMR will go from 2.6bil mcap to 2tril mcap overnight.
That's = 115k per XMR

>>54151331
Banks have a backup plan. In fact they are working everyday on the new system.

>>54151377
Oh no... there's a limit to how far this could go. It's played out throughout history, time and time again. It's reaching it's peak, and it's obvious. Do you have any faith in authorities or institutions?
Whether it's Bitcoin or something else, a neutral money will put things back into a natural order where only true value is rewarded.

>>54151505
Yeah, the cbdc, but that's just a symbol of their arrogance and delusion. Cbdc will only be accepted by the lowest forms of life.

If 1 bitcoin is 20 million dollar, one loaf of bread will be 40 million dollar. Gratz, you live 1 day longer than everyone else.

>>54151416
Yea, it magically goes up 50x, and food goes 100x. What a win for bihgoin!!!!

>>54151775
>>54151886
Nope. Bank failing doesn't mean hyperinflation. It just means demand for Bitcoin skyrockets, which means the price goes parabolic

>>54151505
Even Nigerians won't accept CBDCs

>>54151903
Doesn't it mean a failing global economic system, since nearly every transaction goes through banks, except cash ?

>>54151775
> If 1 bitcoin is 20 million dollar, one loaf of bread will be 40 million dollar. Gratz, you live 1 day longer than everyone else.

What for the non crypto people ?

>>54151461
Leading to more demand, kys.

>>54151944
youre fucking stupid if you think everyone's money disappearing will pump bitcoin

>>54151933
>What for the non crypto people ?

>>54151461
>you realise that if banks fail then everyone's money just evaporates, right?
false bitcoin was invented as an alternative to the banks.

>>54151331

If banks failed your Bitcoin would be worth 1 Bitcoin. In other words, useless.

>>54152246
ok

>>54152268
>only 1 node

And this is why you are poor.

>>54151331
>>54151339
>>54151343

>Still thinking about Bitcoin in terms of USD
>Not thinking about Bitcoin in terms of bread and water

ngmi

>>54151365
RAIL, ZEC and GRIN are even more undervalued with new tech.

>>54151915
Totally against users privacy. Best time for privacy protocols to gain adoption.

>>54151331
>He thinks bitcoin has no counterparty risk
Bitcoin would crash to near zero because a total bank failure also means the failure of debt based assets, which are responsible for bitcoin's high price in the first place

>>54153268
Elite Rich will front run the bank failures, you absolute retard.

>>54152295
Seriously though, how to we go about pricing real world items in any other way? With the value in flux so wildly it makes it difficult