/biz/ - Business & Finance

[Anonymous No.15791381]

Today's the first big leg down. Black Tuesday tommorow. Crypto goes to the moon after that. Hope you all packed your bags, and have a nice flight.

[Anonymous No.15791418]

Sweet. I just told my parents last week October would be a really bad month.

[Anonymous No.15791434]

BTC to 20k EOY

[Anonymous No.15791437]

Tomorrow is Thursday though.

[Anonymous No.15791440]

>>15791381
>Crypto goes to the moon after that.
Good luck using your crypto when the electric grid goes down.

[Anonymous No.15791455]

>>15791381
Tomorrow's Thursday ya autist

[Anonymous No.15791489]

>>15791455
>>15791437
Your right senor pepenis. Black Thursday it is.

>>15791440
Electrical grid is a military installation, it will not go down. Despite all pretenses the 3 letter chink slayers love crypto as it is how they will transfer wealth to us while still maintaining power for themselves.

[Anonymous No.15791491]

>>15791437
>>15791455
idiots, banks have two weeks to pay the loans back to the fed. next tuesday fucking morons, how will you faggots ever make it with this low iq

[Anonymous No.15791505]

>>15791491
>He still thinks that tomorrow is Tuesday

[Anonymous No.15791518]

>>15791489
>Electrical grid is a military installation, it will not go down.
Those are meaningless words. If people aren't getting payed to maintain the grid, it's going down.

[Anonymous No.15791555]

>>15791518
The grid will not go down. Prepers are stupid, collapse on that level is both statistically impossible and realistically impossible. The power grid will not go down, they will pay people more then the stations themselves are worth to keep it up if necessary, since the militaristic potential of being able to utilize modern warefare is priceless.

Where you may be right is that the rural power grid will not maintained and collapse, the city's will be kept open for buisness however.

[Anonymous No.15791581]

>>15791555
>collapse on that level is both statistically impossible and realistically impossible
Prove it.
>they will pay people more then the stations themselves are worth to keep it up if necessary
How? Why?

[Anonymous No.15791590]

>>15791381
thanks for the info. was wondering if i should close my shorts or not, honestly. its been looking like it was going to surge up today

[Anonymous No.15791675]

>>15791581
I don't feel like typing a 10 post reply for you brainlet, so you can do the reading yourself

https://surplusenergyeconomics.wordpress.com

Realistically, people want things to work more then they dont. Energy will never go away. It is unrealistic to suggest the energy grid will collapse within our lifetime.

Why they will pay them more is in the blog I posted, I also already answered that for you by saying militaristic applications. If having a power grid allows your city to produce more and better military applications, and those military applications have a higher ROI from war, then its feasible to pay people 10bil to run a plant that moves 500mil in energy because the products of that energy can generate 100bil in value.

Stop being a doomer and take the slow collapse pill anon. Energy grid is not going away period.

[Anonymous No.15791701]

>>15791675
Thanks for the link.
Here's something: do you think that there'd be no rioting if a depression came? Is it totally out of the question that disgruntled, starving people would attack the unguarded, vulnerable, highly-centralized electric grid?

[Anonymous No.15791755]

>>15791701
Your completely correct actually anon, that is why I think if it does go down it will be outside of citys. It is much easier to protect a localized area around metropolitan areas then it will be to protect large swaths of land across states. This is multipurpose I believe, and the inevitable conclusion. Its easier to protect localized metropolitan areas in almost every way, including things like disease and crime given modern surveillance and medicine.

So if collapse does happen the rioting and looting will be in peripheral areas, as energy and populations become tighter and more central in easy to protect areas.

[Anonymous No.15791775]

>>15791755
That's all fine and dandy, but you need to also realize that cities rely on rural areas for food. If rural areas have no power, well... there will be consequences.

[Anonymous No.15791793]

>black Tuesday
It's already Wednesday kek

[Anonymous No.15791858]

>>15791775
I agree with you there. It will be interesting to see how that will be tackled, the military has written countless documents on protecting the power grid and has come to the same conclusions I have, protecting food lines not as much. I would suppose a large amount of the lab food we are seeing pop up has just this aim, centralize farming much like the meat industry and make it more secure.

You are completely correct again though that there will be consequences. That will undoubtedly happen and throw wrenches in things, overall though crypto will succede long term and there is not much that can stop it. We are in a golden age for electronic devices, cheap consumer electronics capable of handling complex operations are everywhere and I expect that will change in the future, but I dont forsee crypto losing.

[Anonymous No.15793034]

I actually have October 8 being shown as the catalyst for btc to go up at least 8%.

[Anonymous No.15793854]

>>15791858
Merica
>Bountiful farmland, agriculture hurting cuz China's demand is off the table
>Massive shalefields and the tech to process it to oil/gas
>1st world electrical grid and cable grid
You think we're gonna run out of food? Don't make me laugh. Even with massive unemployment even the lowest of the population will be alive and well on government gibs, cheap food, and subsidized housing/electricity.

The rest of the world is fucked, but we're gonna be fine.

[Anonymous No.15793877]

>>15791858
Oh, we're on the same page. My bad.

I guess >>15793854 is for >>15791775