/biz/ - Business & Finance

>>56622263
>schiff back to posting his own tweets on /biz
lmao, go 'invest' other peoples' money in gold and go away

>>56622263
flawless logic

ETH maxi logic
the largest holder of bitcoin and the creator of the damn thing can't change the rules of the network. ETFs can't dream of having that power. this is not eth where the largest holders control the tokenomics and everything related to the network

>>56622263
A peak at what Schiff will be saying in 2024

>>56622263
keep this thread alive the next few days it's gonna be fun
circle has lost $30B over the past 12 months, a rate of about $82 million a day.
in the past 24 hours they've lost $250 million

>>56622263
most stupid argument I've ever seen
after the ETF is approved only 1 % of institutionalized blackrock money would equal 100 billion dollars

Sell at the top and buy more back at the next bottom. Everything is cyclical.

>>56622263
Alt season first goldnigger.

>>56622374
ETH is the "I'm too poor to buy Bitcoin" coin

>>56622656
or i'm too stupid to understand fractional numbers coin

>something that can be bought will never go up because people will have to sell it at some point, you know
The absolute state of the fud and these "savvy" rich people

>>56622437
>lost
because people are converting to crypto... LOL did you honestly think this was some kind of shady black swan event?

He's right you know.

he's a jew
one day he's going to pretend that he was never anti-crypto
note that he tired to "be his own bank" and got fed-raped AND STILL doesn't understand the value behind crypto

some people are just born a rock

>>56623000
he has been wrong for almost 30 years and the one thing he got right (2008) managed to make him LOSE MONEY because he was betting on the euro-zone, emerging markets and shit like Telefonica
they cratered even harder than the US stock market, europac lost 60% of their holdings

>>56623022
Yeah, his website accepting bitcoin is just proof of that

>>56623052
>betting on the euro-zone
Holy fuck he's more retarded than I thought lmao
I'm European and my entire wealth is in US equities and in a BTC cold wallet, I'm not investing a cent in this dying open air museum third world socialist decaying shithole continent

>>56623022
>going to pretend that he was never anti-crypto
No, never. There are people deeply comitted to being anti-crypto, that that one girl that's whole "journalism" career is writing anti-crypto articles and blogs. They will never change their mind. When it goes down they will continue saying 'told you so,' when it goes up they will say it's manipulation or because of some temporary thing that you would have to be stupid not to realize. They are perma-bobos.

>>56622263

This guy is the Jim Cramer of this generation.

>>56622263
I'm sure the people who shorted at 16K are ready to drop to their knees and suck him off in a big ole vow of thanks.

Schiff is priced out of BTC

He has to buy sub-$2k shitrocks instead

>>56622263
i hate this gold faggot so much. i hope some nigger shoots him in the face.

>>56622263
It's not completely wrong. There are definitely speculators. I wouldn't be surprised to see an initial jump and then mostly sideways movement for a while. But I think also it's possible the price from here just trades sideways and then upwards over the course of about a little more than a year.
>ETF launches
>selloff
>hodlers accumulate more bitcoin
>buyer momentum is buoyed by this and new ETF buys, plus existing demand from the upcoming halving
>halving happens, miners have less bitcoin to sell not only to their traditional customers, but now also all the spot ETF buyers

>>56623107
neck yourself