/biz/ - Business & Finance

>>56403195
is this the weed chart?

>>56403240
gonna miss the train AGAIN, huh biz? for shame

>>56403195
>>56403247

Why does THIS particular bullshit indicator matter, Mr. Astrology fag?

>>56403269
not an indicator. its just time for the next cycle soon. ofc, global market could fuck it, but... its seeming like not. and 20 year treasuries are fucked. even gold is starting to go up. fed isnt hiking anymore, probably gonna pivot, etc....

>>56403282
>Muh pivot

Oh you're one of those idiots. Here I thought you had a brain and at least one original thought. I'll go ahead and disregard your thread now.

Daily reminder, pivot-niggers are antithetical to Bitcoin. Pathetic, fungus-like creatures that scream and howl for daddy Fed to sprinkle them with a golden show of freshly printed fiat.

Here's a protip idiot. The Bitcoin price is controlled by supply and demand, and not the rate of money emissions. Bitcoin supply will be literally slashed in half in a few months. Even if demand were to be held constant, that would result in an almost instant adjustment of the price by another 100%.

And how did Nvidia, a stock already larger than the entire Bitcoin market cap, nearly do a 5x in the past 12 months WITHOUT your daddy fed printing money? Hmmm? Answer me, pivot-nigger... How can an asset go up without your Daddy Fed printing shitloads of money?

Can you wrap your little toddler, pivot-nigger babby brain around that conundrum?
You privot niggers need to go buy government debt and fuck off from the Bitcoin.

>>56403195
shits dead, they'll liquidate as much btc as needed for Israel's war on goys

>>56403378
this, nobody cares about crypto rn

>>56403412
Brainlets feeding me with bottom signals.

Thanks.

>>56403365
im not worried about the btc price bro. ive been in this much longer than you have. but a pivot is inevitable, the economy will crush itself without it eventually. bitcoins price is also simply due to its usefulness, not just because it halves lol. some stupid asset that halves itself means nothing without what it does or represents

>>56403498
right about this tho

>>56403706
>but a pivot is inevitable

Yeah... no.

>>56403753
why not, soft landing bro?

>>56403761
The Fed is NOT going to PIVOOT with inflation still well above 2%.
They're not going to PIVOOT in less than 12 months from starting a tightening cycle, for fuck sake, these are a distinguished group of academics from some very fancy schools, they'd look like Mexico...

These are not high interest rates, this is a return to historically AVERAGE rates. High rates are 10% which were not uncommon in the 70s and 80s and 90s.
High interest rates did not stop NVIDIA from launching to the moon and will not stop Bitcoin from seeing a new ATH in 2024.

Get used to it PIVOOT-brain.

>>56403930
bro i dont think its going to stop things from mooning. i just think a pivot is inevitable, mostly due to absolutely insane levels of credit expansion. i mostly get my information from tuur demeester, preston pysh, and lawrence lepard. the universities those guys went to doesnt matter. what these guys say makes a lot more to me than fuckin powell, yellen, gensler, and absolute clowns like paul krugman say. also stop trying to pin me as someone that thinks this i necessary for things to go up, thats retarded. how have you figured out i dont hold that stance yet? things have value, thats why they go up (usually, anyway)

>>56404006
>i just think a pivot is inevitable

Well, you're entirely wrong.
Go read a book that covers the fight against US inflation in the 70s and 80s and Paul Volcker.
The problem is you Zoomer fucks don't read any books, so you have no context, for anything.
If it didn't scroll across your ZOG-screen device, you wouldn't know about it.

The consoomer getting absolutely REKT is part of the purpose of raising rights, to remove the excesses and bovine stupidity of the average American consoomer.

>ARGHHH, I MUST CONSOOOM AND BID UP PICK-UP TRUCK PRICES TO $120,000 MSRP!

FUCK the consumer. All they did was stupid shit like buying Doggy shitcoins and piling money into FTX.

>>56404111
you think the consumer is why were in the place we are now? because of spending? so you think when people stop spending, everything will just fix itself?

>>56404138
The problem with you Zoomer subhumans is you don't read shit.

https://www.federalreserve.gov/monetarypolicy/fomcminutes20230614.htm

>>56403195
>bearflag
>take off
lol

>>56404183
Let's see your short position, stupid faggot.

Oh right, you're a /pol/tard with no money.

>>56404183
well, heres what it looks like now lol

>>56404165
... so you think consumers cause inflation, or no?

>>56404215
Read the fucking Fed minutes moron and don't waste my time. I have better things to be doing.

>>56404245
lol no you dont. you have shit all to do. just another braindead boomer

>>56404258
Not going to entertain your semi-literate monkey ass, broccoli-head.

>>56404284
you say, after your first post said youd ignore the thread. and im not even a zoomer lol