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

/biz/ - Business & Finance


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55205176 No.55205176 [Reply] [Original]

>sec cracks down
>"this is good for bitcoin"

>> No.55205205

>>55205176
They are destroying the dollar, idiot

>> No.55205216

>>55205176
>fbi cracks down
>tHiS iS gOOd fOr DrUg SaLeS
That’s you

>> No.55205220

>>55205176
They are attempting, or at least so the common supposition goes, to prevent people from being able to buy Bitcoin. Yet financial instability incentivizes people to buy alternate assets like Bitcoin. When you want something and it can't be purchased with money, you'll "pay any price" for it.

>> No.55205222

Yes, it’s shows they are getting nervous. This is a last attempt to hold on to what little power they have left.

Cardano will be $10 EOY

>> No.55205224

Who gives a fuck? What Gary gon’ do?

>> No.55205280

>>55205222
Based

>> No.55205281

>>55205216
>tHiS iS gOOd fOr DrUg SaLeS
Unironically it is.

>> No.55205299

>>55205281
I know

>> No.55205318

>>55205220
>Yet financial instability incentivizes people to buy alternate assets like Bitcoin. When you want something and it can't be purchased with money, you'll "pay any price" for it.
Yeah, as long as the benefit is greater than the cost, people will do it. But they probably still find it useful to raise the cost.

>> No.55205350

>>55205318
>they probably still find it useful to raise the cost.
That they certainly do.

>> No.55205452

>>55205220
>Yet financial instability incentivizes people to buy alternate assets
Like Gold, which is completely legal and you won't have to jump through a thousand foaming hoops over a pool of sharks with laser beams to acquire.

>> No.55205492

>>55205452
And yet, its possession was outlawed in 1933.
It was actually not outlawed, since no law against possession was passed; it was banned by a pen-stroke.

>> No.55205501

Why do Americans think there is only one government in the world?

>> No.55205503

>>55205452
>Gold
Seems good but as >>55205492 says, seems unreliable because it can be seized.

>> No.55205526

>>55205503
Everything material can be seized (admittedly, seizing Monero is quite difficult). My point isn't about the relative value of gold vs. Bitcoin, but that anything material can be seized.

>> No.55205617

>>55205222
check'd thanks for the laugh

>> No.55205629

>>55205501
because there is only 1 government that matters.

>> No.55205730

>>55205492
>Brings up isolated incident from the age of dinosaurs
>>55205503
>Has never seen a 200k bar of gold

>> No.55205761

>>55205730
The isolated incident had the intended effect.

>> No.55205772

It's a shit test. If Bitcoin can't survive this it's worthless.

>> No.55205782

Really enjoying this clean up, but finally is yet to come

>> No.55206083

>>55205176
Yesterday it was the stoch rsi making it dump. Today it's a shadow organization that doesn't even exist.
Tomorrow is aliens

>> No.55206094

>>55206083

>lagged indicator made it dump

Shut up your retarded

>> No.55206104

>>55205222
This guy fucks.

>> No.55206141
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55206141

>>55205176
Because SEC clearly has authority over Bitcoin.
Because it's an investment contract.

I'll buy one share of Bitcoin Company, please.
I sure hope the CEO of Bitcoin makes good business decisions this quarter, so the price goes up.

>> No.55206172

>>55206094
you are losing it. How does it feel being in lsd and validator having to wait while the ship sinks

>> No.55207749
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55207749

>>55205176
Imagine being worried about your shitcoin getting classified as unregistered security by some meme burger entity.

>> No.55207839

>>55205176
Unironically yes

>> No.55208462

>>55207839
at first. when lsd tokens get mentioned, the fun begins

>> No.55209052
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55209052

>>55205176
>Unironically yes

>> No.55209914
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55209914

>>55205176

>> No.55210717

>>55207749
Wise anon.

>> No.55210727

>>55205176
Gensler is a nobody.
SEC is irrelevant.
It is a civil lawsuit.

SEC should be labelled a vexatious litigant. All they engage in is frivolous litigation with a thin veil of regulatory zeal.

>> No.55210737

>>55205501
America is Rome and nowhere else matters

>> No.55210793

>>55210727
>SEC should be labelled a vexatious litigant
This is why they will try to avoid anything with a jury

>> No.55210841

>Try ban thing
>A wild black market showed up
Suddenly, and for no discernable reason whatsoever.
In case you still don't get it.
>God 'do not eat ze apple'
>Adam and eve 'okay god'
>a wild snek appears
>'eat gods apples' - snek
>eve 'okay snek'
>God 'you ate my apple, go away'
>adam and eve 'ok boomer'

>> No.55210885
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55210885

>>55207749
That's what it's going to be all about this week on /biz/: coping shitcoiners who will come screeching into threads without identifying which coin they hold (they're too embarrassed).