/biz/ - Business & Finance

>>58603537
This coconut has never been right about anything. He is a good writer, though

>>58603537
He has been wrong, not 5 % of the time. not 50 % of the time. He has been wrong, 100 % of the time. He has never been right with any of his predictions, ever.

>>58603549
>>58603563
name one time he's been wrong about bitcoin and not some random shitcoin he's pumping

>>58603565
>name one time
picrel

>>58603565
>>58603573

>>58603573
>6 year old posts.

he's a billionaire and your not. he's right more than he's wrong. debunk his article not his past performance

>>58603584
>appeal to authority
the fed isn't going to rate cut till later this year and by that time bitcoin will already have crashed to 40k

>>58603607
it's not crashing when literal pension funds are buying in. june 4th had the largest per day inflow into bitcoin ETFs

https://cointelegraph.com/news/bitcoin-etf-second-best-inflow-day-887-millon

>>58603614
All those massive etf inflows and we can't break ath. Seems like someone is dumping into boomer volume . Top signal. Study Wyckoff, distribution is over soon and then markdown

>>58603584
you asked to name a time he was wrong, i gave it to you. there is no need to be mad, i like his articles.

>>58603614
Also since when has grandma buying crypto been anything but a top signal? even if the form of pension funds, no one left to sell to

>>58603584
>name one time he's been wrong about bitcoin
>Nooo not like that!

>>58603584
kek anon you sound pissed and just completely moved the goalposts. Get a grip on yourself man.

He thinks they won't cut rates though

>>58603537
the central banks of the west all act in unison, there is no way the boc and ecb would cut with the fed holding the capital outflows and bond carnage would be way too unsettling
so rate cut soon guaranteed, btc will moon but maybe we need another gfc and v dip first hard to say not swinging this anyways hodling comfy

>>58603584
i dont think he is a billionaire yet tho somewhere mid 9 figs

>>58603537
why do people fail to understand markets crash on rates being cut?

>>58603843
not applicable to bitcoin, more debasement = higher bitcoijn price #fact.

you need to watch saylor's 8 part series what is money

>>58603537
>tldr: BOC/ECB cut rates, if fed follows suite bitcoin is about to rocket like 2017.
the fed did not cut rates in 2017. the markets went up as rates went up, just like this time. it will crash when the fed capitulates and announces the economy is fucked coupled with a rate cut.

>>58603782
>so rate cut soon guaranteed, btc will moon but maybe we need another gfc and v dip first hard to say not swinging this anyways hodling comfy
personally i dont think we rate cut till later this year

stock market is at ATHs tho and looks toppy af so who knows, think we need it to nuke at least 10% before the fed cuts

>>58603845
overlap bitcoin price with rates. bitcoin just follows nasdaq on steroids.

>>58603848
everytime i see how small the covid recession actually was i realize how fucked we are for the next recession

these niggers really kicked the can down the road

>>58603855
that was before btc etf. Miners bitcoins are literally being prebought.

they will drop rates, and institutions will dump they bonds and buy bitcoin etf. imagine 1T inflows.

>>58603848
>>58603873
>they will drop rates
those projections have always been wrong though, so it would signals no rate cut

>>58603910
so your argument is there will not be rate cuts for as long as some influencer says rate cuts
in that case there will never be rate cuts ever again as right now you will always find enough internet opinions on both sides of any argument

>>58603617
This. $15k wasn't capitulation. That happens at a much lower value and with boomers losing the majority of their retirement.

>>58603873
They will drop once they capitulate and admit recession = market crash
The pump will come after they are lower for a while

>>58603941
fucking hell anon we're not talking about some internet influencers but the FOMC members themselves and the bond traders

>>58603563
this
/thread

>>58603584
kek is this bait? such obvious goalpost shifting warrants a red card

>>58603843
The market crashes on the past happened BEFORE. The rate cut was the answer to a preexisting crisis not the cause of it.

>>58603843
Depends on why the rate was cut. A dovish cut just means that bonds will pay out less, making stocks more attractive again.

>>58603617
Where's the spring? The range high was 74k, so a spring would need to hit something like 80k in one afternoon and back to 72

>>58603549

>>58603858
We’re not fucked anywhere close to way they fucked us in 2008. The bankers needed to foreclose on subprime mortgage homes and then sell them to eliminate all the toxic debt. This time the fed will immediately plug any holes with more cash. The recession will swept away along with consumer purchasing power. You will never see more than a 30% correction again in all markets except crypto. Boomers will die waiting for the big crash

>>58603843
https://youtube.com/watch?v=Yo_Hbz1d6aw

raoul pal confirmed bullrun this year target price is bitcoin 200k 10 trillion total marketcap, mid 2025. If you really think your smarter than all these connected goys then post a big short or stfu

>>58603584
Fucking redditnig u have to go back

>>58605138
fomc members are known to lie at inflection points till right at the new direction being made public
does nobody remember the entirety of 2021
bond traders have been caught with their pants down the whole way since after covid
the (((experts))) have never been more wrong and they were always bad
they only have two tricks trend chasing and reversion to mean

>>58607213
>raoul pal
kek it's 2024 and you're still paying any attention to influencers

>>58607213
raoul has never been right about anything

>>58603617
BTC bear markets are a product of mining inflation > passive consumption, ETFs combined with the 4th halving mark the end of traditional BTC bears and passive consumption is now, and will continue to be, greater than emissions.

>>58605397
This, unfortunately. The lesson the Fed learned from the GFC was "more, sooner" and the lesson they learned from the scamdemic was "wagie slavies will take it up the ass no matter what". M2 will be at 100T at the first whiff of nominal asset declines

>>58610747
They can’t even let assets decline for any extended period of time anymore, because then they lose the ability to collect taxes on cap gains. Up forever from here

>>58609502
he bought solana at the botoom with 90% of his capital lol.

>>58603537


i bought the dip on his article, if he's wrong I'm about to be justed.