/biz/ - Business & Finance

>>57828545
Good i have some bitcoin to protect me from this.

>>57828551
Bitcoin is a temporary trap. Gold and Silver are eternal.

>>57828551
bitcoin cant protect you when there's no electricity

>>57828551
Theres already threads being made by anons in the last week who are saying their exchanges are blocking them doing anything with it using KYC, cryptos are a 3 letter agency trap.

>>57828597
>boomer rocks
>>57828599
Bitcoin is stored energy.
I use it to power my tesla.

>>57828545
Yeah we're all super bullish
Just last year we were all super bearish and things couldn't get worse.

>>57828545
Literal schizo

>>57828545
If I learned one thing over the years it's that doom and gloom bears are always wrong.

>>57828654
defi and dexes exist, little retard

>>57828545
If I'm maintaining my wealth during a period of global currency collapse I am literally getting richer because I can afford to buy more shit relative to other people.

>>57828599
I highly doubt anyone will care for your shiny boomer rocks once the electric grid breaks down. I'm not doomsday prepping like some lead poisoned schizo, I'm trying to make money

>>57828545
i have my bitcoin, gold and silver and electronics so i don't care about currency collapse. i also have house and land.

>(((invisible enemy)))

>>57828545
>every fiat currency is collapsing
>buying a currency that is increasing is bad

>>57828654
>there's already propaganda being made by (((anons)))
Wow that is very new and scary. OK I sold 100k bitcoin

>>57829039
You can do even better by debtmaxxing and pouring everything into hard assets. Your mortgage is the price of a 6 pack of lager after hyperinflation.

>>57828654
this dude made all of his purchases on exchanges other than coinbase and then tried to sell/cash out on coinbase, obviously they are going to ask for verification of identity lmao

>>57828654
What kind of mentally challenged imbecile keeps their coins on CEXs anyway?

>>57829282
The money is not yours, it is a banking document/digital record. The land is not yours it is national/community property

>>57829259
>>57828599
Is the Bitcoin pump more like
the Tulip Mania?

Or the Pearl Industry once culturing blister pearls was figured out?

>>57828545
Don't care. Lambo goes beep beep.

>>57829346
i have a mortgage but i doubt currency will actually collapse, and if it does I very much doubt the bankers that own my home will be willing to let it slide

Asteroid mining will be the end of gold.

>>57828599
>SIDS
yeah SIDS is pretty much just code for :
>"this nigger murdered their kid but we can't technically prove it so uh, be more careful other parents, don't co-sleep or keep them warm at night!"

>>57829465
Kys commie scum

>>57828599
If the grid goes down permanently, gold won't be worth shit either, dumbfuck

>>57828545
that invisible enemy has a very visible nose

>>57829584
Source?

>>57829747
I dreamed of Elon Musk whispering that in my ear.

>>57829584
>nigger believes in space
right after dinosaurs from the center of the earth come out and die to turn into oil

>>57828599
The only thing that matters at that point is having shelter out of big cities, food and weapons.

>>57829670
He’s stating facts newfag

>>57828545
>you're not getting richer, you're just staying the same while everyone else gets poorer
Sounds like a good deal to me

>>57829543
Bitcoin isn't like tulip mania in that it has not only endured multiple crashes but also bounced back stronger with ever higher ATHs each time. Tulip mania was.kne and done.

>>57828599
Qrd on pic?

>>57829807
kek nice summary

Another banking crisis like the one we saw in early 2023 seems to be in the making and is probably why gold is rallying, and probably has some effect on the bitcoin price too.

NYCB is collapsing as we speak. This is not a small bank either. They acquired Signature Bank in 2023 when they went under

>>57828545
So what is this "invisible enemy" that is going to "ambush" my wealth in the "near future"?

>>57830002
widescale lack of faith in the market

>>57828545
Comfy

>>57830002
Loss of faith in global leadership.
Good thing that will never happen, tho.

>>57828545
>two more weeks
Every fucking year lmao.

>>57830002
>what is this "invisible enemy"
I'll tell you exactly what it is. It's called bank bail-ins. You'll recall the bank bailouts that happened in 2008 to 'save' the banks? well this is similar but instead of using taxpayer's money handed over to the banks by the government, this time they'll raid savings accounts. People sitting on a lot of cash will be fucking rekt. It's coming, and they've even put provisions for it in place, making it an 'option' which tells you it's coming sooner or later.

>>57830137
Go on. How does it work. What are the tangible red flags for this instead of the boogieman FUD shit in faggot OPs twatter post?

>>57830137
Good thing i don't own any fiat money, huh?

It would be nice to see everyone with debt get completely fucked some how

>>57830229
You’d want to coming into the second half of the year and next year. The only reason his post might have merit is because of the looming “liquidity crisis”. If you have no debt and have some assests that do something other than sit and be useless then youre good. Otherwise youll be with everyone else scrambling for cash to pay your min monthly payments. If the Bail-in thing is a real threat then thats more to be on the lookout for but faggot hasnt provided evidence.

>>57830294
With the sweet 5% Vanguard MM account, even cash is going more than just sitting.

>>57830221
>How does it work
I just described how it works. Google it if you want more info. i'm not taking a fucking homework assignment from you
>>57830229
Yes. Me too. Well, apart from enough but i would not hoard it.

>>57828551
>thinks a cold wallet doesnt get rehypothecated

>>57828672
How many kilowatts does a bitcoin produce in an hour?

>>57829014
Whats a good defi exchange? I got rugged on one, even though the amount was small, it was a problem

>>57830392
Right cuz you got nothing but FUD. “Duh banks r gunna take ur money from ur account to bail them out! OoOoOoooOoo!”

>>57830229
>retard owns nothing, hates precious metals
>afraid of cash because of inflation
>zero liquidity
Lmao cmon brother I will not spare you a dime

>>57830749
We know.
>>57828814

>>57829584
Lmao @ this samuel bankman worshipper

>>57829956
>>57828599
I don’t get it either

>>57829296