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

/biz/ - Business & Finance


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11751550 No.11751550 [Reply] [Original]

y’all pussies crying about the end. This isn’t even close to the lows of 2015. Back then $1 was only $180 away, biz was still stocks and your best friend hadn’t bought BTC yet. It was just you. cheer up. Buy now and make sure to sell a few coins at 50k next bull. I buy BTC cause Andrew Jackson would. What’s your reason?

>> No.11751564

>>11751550
>I buy BTC cause Andrew Jackson would.
based

>> No.11751843

To be fair I'd change crypto to 'medium' in 'easily transactible'.

>> No.11751999
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11751999

>>11751843
You mean moderate?

>> No.11752021

>>11751999
I like my coins like I like my steak

>> No.11752058

>>11751564
>>11751550
Explain

>> No.11752061

>>11752021
fuck ya Rawcoin

>> No.11752064
File: 683 KB, 3704x2798, gold vs bitcoin vs fiat.png [View same] [iqdb] [saucenao] [google]
11752064

pff you call that a table?

>> No.11752152
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11752152

>>11752058
Andrew Jackson killed the Second Bank of the US in the 1840’s. It took 70 years for the monied interests to get a Central Bank again in the US with The Federal Reserve in 1913. We’re so fucked up with the Fed that I’m confident Andrew Jackson would be rooting for BTC over the Federal Reserve Note anyday

>>11752064
nice. Saved. Thanks

>> No.11752177

I bought eth in the dip should I sell it and buy bitcoin instead??

>> No.11752223

>>11752152
>We’re so fucked up with the Fed that I’m confident Andrew Jackson would be rooting for BTC over the Federal Reserve Note anyday
While I agree with your general sentiment, do you not realize that BTC has essentially become like a central bank? The idea being that it's serving the same function that gold did (several notable core proponents/developers have stated it's not intended as a currency to transact, but a store of value).
If your hope is on Lightning, the design flawed and unworkable (and it may stay that way). I recommend you to do some reading here.
BCH exists because BTC got Fed'd. That said, BCH might be near the death rattle, depending how this fork/hashwar situation ends up.

>> No.11752257
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11752257

>>11752152
what bother's me is that USA promised the USD decoupling from the gold standard would be temporary. it's still not even been 50 years since then but so many people seem to have forgotten

>> No.11752266

>>11751550
>biz was still stocks

kek. biz was never about stock you larping faggot

>> No.11752311
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11752311

>>11752177
No buy both man
>>11752223
I try not to get caught up in that. BTC is still working IMO. still got my BCH from the fork though. I hear ya.
>>11752257
ask around, most think the USD is still tied to gold
>>11752266
haha fucking got me. What was biz like then capernicus?

>> No.11752331
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11752331

>>11752311
>ask around, most think the USD is still tied to gold
that would be even stranger. im swedish and even i know it isn't.

>> No.11752366

Everyone knows about BTC now and its the easiest "asset" in the world to buy. Your super secret nerd club is long gone, btc is finished.

>> No.11752384
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11752384

>>11752331
Oh shit swed bro. Yea it’s really bad. Most of my friends (college educated) think the dollar is still backed by gold. And they have no clue the Fed is a central bank. They think it’s part of the treasury.

>> No.11752403
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11752403

>>11752366
eh. I don’t think everyone knows desu. Regardless, I think a lot of people are eyeing the 4K range

>> No.11752444

>>11752403
moar of her

>> No.11752613
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11752613