/biz/ - Business & Finance

[Anonymous No.23737449]

...why?

[Anonymous No.23737471]

>>23737449
stock market going to crash with biden win. Everyone moving their USD into BTC before it happens

[Anonymous No.23737515]

>>23737471
wrong

[Anonymous No.23737517]

>>23737471
Why bitcoin over gold and silver?

[Anonymous No.23737562]

>>23737449
Why not?

[Anonymous No.23737569]

>>23737471
>stock market going to crash with biden win
Imagine seething so much you miss out on the golden bull run.

[Anonymous No.23737572]

altcoins will recover soon, my avalanche bag is already pushing it!

[Anonymous No.23737575]

>>23737515
enlighten me then anon? Biden running on a campaign that will add a shit ton of taxes to businesses and the rich. You are literally losing money by staying in the US stock exchange

[Anonymous No.23737596]

>>23737449
wheres the cute snail image

[Anonymous No.23737603]

this ?

[Anonymous No.23737605]

>>23737471
The markets like Biden winning + red senate. 4 years of nothing changing.

[Anonymous No.23737609]

Now its time for altcoins. My bag is %70 BTC %30 AVAX ;)

[Anonymous No.23737611]

Biden please pump my alt investment too lol! Only AVAX shows signs of recover

[Anonymous No.23737631]

>>23737517
Gold is pumping 2.5%, that's a fucking lot considering that its mcap is 9 trillion usd.

The usd is dying, smart money is getting rid of it.

[Anonymous No.23737634]

>>23737596

[Anonymous No.23737636]

>>23737517
Because crypto has higher yields and is a million times more liquidatable than hunks of ore? High tech societies require high tech currencies.

[Anonymous No.23737637]

>>23737517
Because it's 2020.

[Anonymous No.23737645]

>>23737562
This anon is correct.
Doesn't matter why

[Anonymous No.23737646]

>>23737449
because

[Anonymous No.23737648]

>>23737609
>>23737611
silly poos, alts are dead and gone.

[Anonymous No.23737650]

>>23737449
Because USD tanking
Let's goooo

[Anonymous No.23737661]

[Anonymous No.23737662]

Unstable narcissist voted out in favor of a more stable corporate democrat while the reps keeps control of the senate. From a market perspective, no outcome could be more bullish than that.

[Anonymous No.23737676]

If you arent buying alts here go fuck yourself !
btc needs a rest
avax chad candle.

[Anonymous No.23737677]

>>23737517
crypto is going to outperform precious metals not just because of room for mktcp growth and technical applicability, but because the youth are invested in it. Youth interests shape future valuation, that's just how value works

[Anonymous No.23737688]

>>23737449
why not?

[Anonymous No.23737694]

>>23737471
kek no they're not. bitcoin is so iliquid, if only 0.1% of the stock market would go into btc, it would pump to >100k within a day

[Anonymous No.23737699]

>>23737449
>on biz in 2020
>still don't know why bitcoin is valuable

are you new, or is this bait?

[Anonymous No.23737710]

jeff bezos sold $3 billion in amazon stock yesterday. maybe hes buying bitcoin

[Anonymous No.23737730]

>>23737449
why not?

[Anonymous No.23737741]

>>23737677

the amount of silver involved in green energy, which youth are so fond of, would put any investment group to shame.

[Anonymous No.23737746]

AVAX rdy to moon!

[Anonymous No.23737770]

>>23737694
consider yourself early then. Max out BTC and ETH or get liquidated. Its your choice

[Anonymous No.23737937]

>>23737699

it isn't valuable. it is functionally inferior to any number of other digital currencies and its ideological appeal really doesn't hold water when you compare it to PMs.

[Anonymous No.23737973]

>>23737631
imagine being this delusional. USD isnt going anywhere until the US military's carrier fleet or oil dominance is wiped off the map.
This bump is a heard of retards not understanding economics or geopolitics. Not to say you cant make money here or the pump is over. but people will get burnt badly soonish

[Anonymous No.23737977]

>>23737746
What a nice time to sell before the december dumpening

[Anonymous No.23737980]

>>23737449
unironic exit pump before the eth bullrun

[Anonymous No.23737990]

>>23737636

they also require a lot of rare metal.

[Anonymous No.23738006]

https://www.youtube.com/watch?v=rlM7gsUY9Gw

[Anonymous No.23738024]

>>23737449
Because Trump won

[Anonymous No.23738040]

IT’S FUN TIME, BITCH.

[Anonymous No.23738046]

>>23737741
The current valuation of precious metals has nothing to do with their utility dude...

[Anonymous No.23738051]

>>23737661
based, also check the color of your ID

[Anonymous No.23738067]

>>23737676
No rest till 280k

[Anonymous No.23738087]

Precious metals suck assss. Hahahahahaha 2% gains
Suck my cock

[Anonymous No.23738130]

why not niger

[Anonymous No.23738164]

>>23737449
>why?
because OP is a faggot

[Anonymous No.23738165]

>>23738046

of course it doesn't, because we're living in clown world. but these resources are finite and non-renewable. supply has gone down while demand has gone up for the last couple years. silver isn't going to sit at $20 for the next decade.

[Anonymous No.23738173]

>>23737973
Ok retarded burger.

[Anonymous No.23738189]

>>23738165
Ok... I never said it would. I said it would be outperformed by crypto. You’re the one who brought up silvers utilitarian industrial uses and I explained that it’s value has nothing to do with that

[Anonymous No.23738319]

>>23737973
The US military can’t wield global hegemonic dominance I’d the ideological control apparatus can’t effectively set narrative and morally justify military use of force. Have you seen the current state of things in the US? Just look at this joke show of a “democratic” election. Imagine the US attempting to “spread democracy” (low-key protect Global Reserve dominance) in its current state.

The US and the US Empire is going to falter in the very near future.

[Anonymous No.23738374]

>>23738189

and i believe that it will, because scarcity in a time of need will force people to compete. granted, i do believe major users collude to avoid bidding wars through gentleman's agreements, but nonetheless sillver will fetch a higher price.

how do you even value something like bitcoin? there's no basis to support its current price. no inherent demand that is not based purely on speculation.

maybe you have insider info and know that bitcoin is going to be 100k by EOY just for honks, because this is clown world. how would any rational person come to that conclusion on their own?

[Anonymous No.23738429]

>>23738374
cont.

it was plausible back when i bought into crypto because you could use it as a currency and it was reasonably liquid. there are other, better cryptos for that, which are now also very liquid.

[Anonymous No.23738459]

>>23737449
Tether ramped up the printing and send millions of USDT to exchanges.

[Anonymous No.23738496]

>>23738374
There's no basis to support the current valuation of gold or silver, other than peoples belief and conscious valuation of the precious metals system.

Let me put it to you this way, if 5 people in the world owned all the gold in the world, what valuation would it have other than it's current technological applicability?

You've got to move past the libertarian perspective of how "value" and "valuation" is determined. I know because I used to be there too. You can "clownworld" until the cows come home

[Anonymous No.23738601]

>>23738496
>Let me put it to you this way, if 5 people in the world owned all the gold in the world, what valuation would it have other than it's current technological applicability?

none, really. but that's the point i'm trying to make. silver is valuable because it has a high degree of technological applicability. it will continue to be valuable for that reason. i don't know what gold will do. i don't own very much so i'm not worried about that.

[Anonymous No.23738682]

>>23737449
crypto twitter shilling their BTC bags non fucking stop.

yes that means you POMP you piece of shit.

[Anonymous No.23738704]

>>23737517
>boomerrocks

[Anonymous No.23738768]

>>23738601
I'm not saying its a zero sum game. I think silver will do well against the dollar in coming years, but metals have their valuation because there is a vast network of actual people that value it, for the same reason why a $100 has it's value ultimately. For the same reason why wampum had real value at one time.

I just think Bitcoin and cypto at large will perform the best because of its marketability, it's accessibility, it's divisibility, and its utility. Crypto just is more popular among the youth than metals are, perhaps there is a financially revolutionary aspect to that where young people don't feel as though the other markets don't provide them a future.

One thing is for sure though. If I was in-charge, I wouldn't miss the opportunity to use crypto as a soft transference of wealth from an aging population to a young population in a time of great financial inequality

[Anonymous No.23738781]

>>23738601
cont.

it's presently undervalued because investors are discouraged from a decade-long bear market. this seems to have come to an end, and so i believe it's a good time to invest. why should anyone stay in crypto when such an obvious opportunity presents itself?

[Anonymous No.23738815]

>>23738173
Ok faggot no name country
>>23738319
a lot of people think that because there are a few riots and a hostile political environment, this somehow remvoes the existence of US military dominance and policing of the shipping lanes of the entire earth that facilitate global trade, along with tech dominance and along with the making saudis sell oil in USD. just because you saw BLM riots for a few years doesnt mean Rome is disappearing overnight. This will be long and drawn out. Of course the US is rotting, but its not gone yet just because of orange man and sleep joe
You let your political animosity towards the US, which is warranted, get in the way of an honest assessment of the situation ro at least the timeline

[Anonymous No.23738821]

>>23737449
>>23737517
W H E R E
A R E
M Y
P A S S W O R D S ?

[Anonymous No.23738822]

>>23737575
Yeah,no. Senate won’t let it happen, orange man gone, everybody back to sleep.new reset

[Anonymous No.23738843]

>>23737575

[Anonymous No.23738845]

>>23738319
What planet do you live on? Yes the election is a mess, yes there's corruption, but by and large most people could have their voice heard. Look at the drug decriminalisation. Now compare that to the life of an average citizen in China/talk to someone from Hong Kong

[Anonymous No.23738873]

>>23738845
please dont argue alongside me and bring up drug decriminalization as a redeeming quality of the US you swiss cheese brain faggot

[Anonymous No.23738877]

You know why. It's time to let go my friend. Give me your hand.

[Anonymous No.23738927]

>>23738845
I live on the planet where the US is objectively shrinking in hegemonic dominance on a global level. What planet do you live on? Two summers in a row they couldn't even gay-op Assad in Syria, even after using the MK-Ultra "he's gassing his own people" phraseology. The US ideological control apparatus, which used to be the best in the world, has completely taken a shit in the internet age, and they're currently scrambling to put the genie back in the bottle. That's what all of the censorship crackdown is about

[Anonymous No.23738938]

>>23738768

i have no reason to believe crypto won't fall flat on its face at any given point in time. it's extremely volatile and has outlived its usefulness as a convenient currency. you can say it's worth 100k but who is going to buy it at 100k? boomers? i really doubt it. i certainly won't. because i don't need it for anything, and neither does anyone else.

and why not XRP or any other crypto which are arguably much better designed? btc is wasteful and regressive. there's nothing high-tech or cutting edge about it. even china's digital yuan is better designed as a currency. how am i supposed to have any faith in btc when it's a piece of crap?

[Anonymous No.23738950]

>>23737449
Joe Biden effect

[Anonymous No.23738970]

i've only made money on crypto. so who's the sucker? who is buying high and selling low? probably young people. people younger than me who didn't have the opportunity to buy it when it was cheap. your theory does not stand to reason.

[Anonymous No.23738990]

>>23738873
Like it or not, it's an example of democratic action, the majority could have voted against it. It's also a policy that the federal state is against, yet is allowed. But it's irrelevant, my only point was that compared to Russia and China, the us is still morally superior because the rule of law and protection of personal/individual freedom of expression still exists there. But by the sounds of it you'd probably get on better in Beijing

[Anonymous No.23739006]

>>23738938
Boomers are going to be buying it indirectly through their 401ks and mutual funds just being pulled in via market inertia.

The early institutional investment and infrastructure is already there. You don't have to take my word for it.

[Anonymous No.23739040]

>>23738990
>the us is still morally superior because the rule of law and protection of personal/individual freedom of expression still exists there

LOL.

[Anonymous No.23739053]

>>23737661
>ATH ID
B-bros...

[Anonymous No.23739063]

>>23739006

sounds like wishful thinking. you haven't answered my other question either, why BTC and not the myriad of other coins that actually stand a chance of being used as a currency and not a glorified instrument to prey on the elderly?

[Anonymous No.23739075]

>>23737562
this

[Anonymous No.23739082]

>>23738938
If WW3 breaks out there has never been an easier way to convert your likely to be defunct currency into a globally translatable asset. If you had to flee your country, you can convert it right into BTC and gtfo. Once you've established yourself somewhere you can cash out from any computer. No smuggling your nazi gold in your daughters dolly.

[Anonymous No.23739105]

>>23739082
>oy vey, how will we escape?

i'm not going anywhere.

[Anonymous No.23739128]

>>23739063
I already answer it. A first to market network of people that value it, the same thing with virtually every other valued asset. If there aren't people to value something, it doesn't have value.

[Anonymous No.23739168]

if ww3 breaks out btc is not going to be valuable because it cannot be used as a currency and people will have bigger concerns than risky, speculative investment. if anything it would favor coins that have a higher capacity.

[Anonymous No.23739172]

>>23737449
Leftist in power means more social benefits, but also to stay in power they can't raise taxes.. guess what that means? Tip: the sound it makes goes BRRRR

[Anonymous No.23739182]

>>23739063
Why did VHS triumph over Betamax? Why is Coca-Cola the most drank soda on the planet despite tasting like carbonated syrup?

[Anonymous No.23739196]

>>23737449
the world saw the us election and realized its a third world shithole

[Anonymous No.23739202]

>>23739063
tldr; you're not just investing in the asset - you're investing and joining the network of people comparing the asset valuation

[Anonymous No.23739213]

>>23739168
If WW3 breaks out people won't use cryptocurrencies because they need electricity and internet access

[Anonymous No.23739220]

>>23737471
That makes no fucking sense.
Bitcoin's value is calculated in fiat, if fiat dies so does Bitcoin.
And in your beloved ancap dystopian future the public internet would cease to exist in the first place.

[Anonymous No.23739245]

>>23739172
Accurate. the US can't take budget from any sector because they name the bill to buy fighter jets and child prostitutes for foreign officials at 1 billion a pop: "The Children Not Getting Murdered Bill" You want to defund our military? Do you hate children? Democrats are really good at telling the lie: "we want to give you healthcare and free education, but we lost the last 6 trillion you gave us!"

[Anonymous No.23739260]

>>23739182

vhs and betamax both worked reasonably well for their intended purposes. bitcoin has serious problems. people would even be better served by ltc. people had to save copper, save steel, save everything for ww2. efficiency of production and availability of resources were paramount. i know war has changed since then but bitcoin will not do well in such an environment.

[Anonymous No.23739269]

>>23738768
This I'm 22 years old and I feel like getting into crypto is like investing in the stock market back in the 1800s. The market cap and long term percentage gains of the stock market just make me feel like I'm buying some boomers heavy bags.
I rather start fresh and sell my bags to the zoomers of tomorrow

[Anonymous No.23739270]

>>23738927
Not denying that
>>23739040
Try criticising the government in China and see where that gets you

[Anonymous No.23739272]

>>23739220
If fiat dies I will be trading in blowjobs, ramen and cigarettes anyway.

[Anonymous No.23739297]

>>23737603
this

[Anonymous No.23739307]

>>23739269
>make me feel like I'm buying some boomers heavy bags.

It's because you would be.

[Anonymous No.23739315]

>>23739260
cont.

and layer 2 solutions are not an acceptable substitute. if you can't control your own btc on the blockchain at the end of the day all bets are off during a global crisis.

[Anonymous No.23739345]

>>23737449
I’m convinced criminals are using Bitcoin for something nefarious

[Anonymous No.23739347]

>>23739270
Try to criticize global Jewery in the west and see where that gets you

In many countries it'll get you goulaged and in the US it'll land you on an FBI watch list, censored from the internet, and shut out of the economy

[Anonymous No.23739390]

>>23737471
This is wrong on so many levels, I can’t even right now.

[Anonymous No.23739417]

>>23739270
It's literally illegal to even boycott Israel in many US states

[Anonymous No.23739432]

>>23739213

we will probably still have internet access. the internet was built to be robust but i think btc is largely speculative and people will not want to take that kind of a risk during crisis. they will prefer hard commodities. things that people need. but i'm not counting on war anyway.

[Anonymous No.23739433]

$100,000 EOY

[Anonymous No.23739438]

>>23737449
Because Biden won

[Anonymous No.23739484]

>>23737517
>buying useless shiny rocks that you can't transfer, can't split, can be stolen and has massive fees and limited trading places.

Lmao try getting rid of your rocks when the Boomers die. Nobody will buy that shit anymore just like noone will ever buy linoleum again or a second "good" cutlery for "important guests"

[Anonymous No.23739515]

>>23737661

>FAT ATH

[Anonymous No.23739531]

>>23739307
Boomers have about 5 years before medicee can't keep them alive anymore and they starting dumping to pay for their diapers, hospice care and oxygen as they selfishly cling to life draining away what they might leave their children. Imagine sitting on 3 million in assets at an age where your dick doesn't work and you shit yourself everyday. That is some twilight zone curse shit.

[Anonymous No.23739559]

>>23737449
because BRRRRRRRRRRRRR

usd printing = asset inflation

[Anonymous No.23739570]

>>23739432
cont.

when covid hit btc tanked, because it seemed like was a real crisis for a little while. it pumps during fake election bullshit.

> but silver dumped too!

not really. you couldn't get ahold of it. you could have bought bitcoin all day long in march but silver was "out of stock" because they knew they knew there was no point in selling it at the current spot price. they knew it was valuable and did not get rid of it. it's very telling.

[Anonymous No.23739577]

>>23737937
Name ONE (1) function Bitcoin needs that an Altcoins has that can't be integrated into Bitcoin.

Bitcoin will always be king because Blockchain trust comes from the time it's running. Whatever new coin there is or will be it will have to fight for the trust of humans with BTC, which has an unassailable head start than any other coin and only grows in trust with every day

[Anonymous No.23739605]

>>23739484
Don't forget expensive Chinese chinaware that nobody fucking uses

[Anonymous No.23739614]

>>23739531
I was just saying that to a friend of mine yesterday, but I used Black Mirror. Imagine an episode centered around a lifelong Goldbug that had been routinely hording gold with great discipline, only for all younger generations to exist inside a Virtual World with Virtual Gold, and taking his VR goggles off left screaming into the void.

[Anonymous No.23739631]

>>23739577

fast on-chain transactions. smart contracts that aren't hackish. asic resistance. privacy. energy efficiency. lower transaction fees. you know, just fucking everything.

[Anonymous No.23739640]

>>23737517
Trash

[Anonymous No.23739654]

>>23737741
>green energy
Such a huge sham, the only thing that could replace combustion fuels is nuclear and the same people who want to replace combustion hate nuclear. "Renewable, green" energy will go nowhere, as evidenced by the last 30 years.

[Anonymous No.23739678]

Because Biden.
If he wins, ATH can happen THIS YEAR.
And its clear he already won, if there is no investigation over voting.

[Anonymous No.23739689]

>>23739570
cont.

they let the mask slip for a little while and that's how it's going to be during a crisis. that's exactly how bitcoin will perform and that's exactly why it's a bad risk in times of real uncertainty and real scarcity. you couldn't get silver anywhere near its spot price, if at all. i tried.

[Anonymous No.23739701]

>>23739570
You have no idea how anything in the market works. The reason why Bitcoin tanked during COVID is because Bitcoin right now is a volatile asset and people put stop losses to save their gains. Bitcoin is composed of two kinds of people: Speculators and people who actually understand the use of Bitcoin. The speculators buying Bitcoin on leverage and who want to exit as fast as possible get BTFO during price drops. Stop Loss Orders trigger other stop loss orders and cascade to the ground value. Covid triggered stop losses because some people simply had not other choice but to sell Bitcoin. It was a great time to buy because nobody who sold Bitcoin then actually WANTED to sell Bitcoin they were chucked out of it for being idiots and if you didn't buy in March you're just an absolute retard who has no idea what he's talking about

[Anonymous No.23739705]

>>23739654
So you're saying that you don't think goofy thotts and their penchant for signaling about "green energy" (as they blow dry their hair for an hour) is going to drive up the current controlled valuation of Silver?

[Anonymous No.23739724]

>>23737661
Witnessed

[Anonymous No.23739739]

>>23739631
>Lightning Network
>Contract = currency lmao
>why?
>how does it not have that
>why?
>Lightning Network

[Anonymous No.23739769]

>>23739654

i don't think EVs are bullshit. i think they're here to stay because they're cleaner and better for the sort of driving a lot of people do. batteries are slowly getting better.

NYC used to smell like exhaust fumes all the time. it no longer smells like that because of catalytic converters. at some point almost all city drivers will be on EVs, and to make that happen they need lots of raw materials. and hugely populated nations like india and china will be looking to modernize as well.

[Anonymous No.23739824]

>>23739739
>>Lightning Network

also available on LTC, which could better handle the increased load anyway with a 2.5 minute block time. it's also relatively asic-resistant so it would discourage inefficient miner wars that increase energy consumption but not decentralization. i even have my doubts that ltc would be usable though. even with layer 2 solutions it will still have to handle a lot of on-chain transactions. do we really want all that money going to china? no.

[Anonymous No.23739872]

>>23739345
Criminals have the USD for that bro

[Anonymous No.23739875]

>>23739824
>LTC

lol
Try to sell your bags to someone else

[Anonymous No.23739899]

>>23739701

lots of people had to get rid of "electronic" silver too because of margin calls. you still couldn't obtain the physical product near spot price, if at all.

[Anonymous No.23739909]

https://www.bloomberg.com/news/articles/2020-11-05/u-s-seeks-forfeiture-of-bitcoin-valued-at-over-1-billion

[Anonymous No.23739937]

>>23739875

not really an argument.

[Anonymous No.23739943]

>>23739899
And? They are a minority and never had any real silver. People who hold Silver don't have it at an exchange ready to sell. They have it in a vault in their home and let it sit there.

[Anonymous No.23739963]

>>23739937
Tell me what was the ATH of Litecoin again?

[Anonymous No.23739968]

>>23739943

one good was available and low-priced and the other was not. that is my point. you can't possibly claim that btc will perform better in times of crisis. it's a speculative investment that can pop like a bubble when people get cold feet.

[Anonymous No.23739974]

>>23737449
Communists can take your money, gold, silver and physical property, they can’t take your Bitcoin without destroying the internet.

[Anonymous No.23739997]

>>23739963

i did not buy at ath. it seems pretty attractive at the moment.

[Anonymous No.23740072]

>>23737515
>>23737517
>>23737569
>>23737605
>>23737694
>>23739220
>>23739390
He's not wrong although retarded. Senate won't be changed which means for 2 years Biden can't do shit. However what he can do is force lockdowns which will impact the economy really hard. That's why people are clinging on hope that Trump will win.
If Trump loses then there will be a massive sell off

SHORT SHORT SHORT SHORT

[Anonymous No.23740085]

>>23739997
For you.

[Anonymous No.23740096]

people run for the hills when btc dips. if they're trading on leverage then there's not actually that much money in bitcoin anyway, and the march lows were reflective of its actual value anyway.

[Anonymous No.23740103]

>>23739968
You do you. Try to convince a Millenial or a Zoomer to buy your shiny rocks during a crisis though lol

[Anonymous No.23740110]

>>23737575
Biden is just returning to Obama era and there were plenty of stock gains back then. Seethe harder

[Anonymous No.23740118]

>>23740103

i don't need them to buy it. they need it to support their lifestyle whether they know it or not.

[Anonymous No.23740288]

>>23737449
fuck YOU thats why

[Anonymous No.23740354]

>>23737449
Short USD

[Anonymous No.23740511]

>>23737471
Stock market will probably crash either way.

>>23737515
I think the funniest thing is reading commies cry about how they can't afford to pay rent, but then you're directly responsible for the economy about to totally implode and make you homeless. I hope you remember this when you have to get your kneepads to make ends meet, but you probably won't and will just blame orange man.

[Anonymous No.23740541]

Tether created the last 20k peak, tether is being printed to create another one. Invest in BTC and tetherchinks will dump on you.

>>23740072
The real shock is that people living paycheck to paycheck voted for the guy who wants to shut down the economy and are now saying "b-but GBR". Lol. Actual fucking retards.

>>23740110
>recovering from a recession
>actual gains

I wonder if any of the liberals on this board actually have investments or if they're just here to proselytize for their religion.

[Anonymous No.23740556]

>>23740118
If you are a boomer unironically then a gun to force them to be your slaves makes more sense than trying to get a 35yo and a 15yo to buy your bags.

[Anonymous No.23740601]

if biden wins .. btc will be mostly unaffected.. but ..... we will see a crash in the economy because ((they)) whant the us to follow in the EU's footsteps.. which will bring a digital dollar.. the united states needs to crash first for this to happen.

[Anonymous No.23740623]

SHOULD I BUY BTC NOW OR WAIT FOR DIP

>SHOULD I BUY BTC NOW OR WAIT FOR DIP

SHOULD I BUY BTC NOW OR WAIT FOR DIP

>SHOULD I BUY BTC NOW OR WAIT FOR DIP

[Anonymous No.23740638]

>>23740118
>27 posts by this ID
you just don’t get it. stay poor no one gives a fuck.

[Anonymous No.23740695]

>>23738319
>Have you seen the current state of things in the US? Just look at this joke
The Us has never been stable or normal. Even Hitler said the US was a chaotic mess. But the chaos moves towards a goal sometimes, like when we get attacked or bombed by a country.

[Anonymous No.23740737]

>>23739531
This is literally my grandpa he has 3-4 million but refused to get better life insurance that covers being in a nursing home because “that won’t happen to him and he’d rather be dead”. Well he had a stroke and can’t move half his body and now has dementia so needs to be in a facility with 24/7 medical staff that costs 5k a month. With corona we can’t even visit him Physically and have to go to a window outside and anytime we do he just complains about how much he hates it there. He even yelled at my dad and told him to leave the other day if he can’t get him out of there. Not our fault Corona won’t let us do anything besides go to a window for a visit. Sad situation but the man wasted his entire life staring at a television.

[Anonymous No.23740863]

>>23737980
Would be my dream

[Anonymous No.23740873]

>>23740737
Sad shit. I really hope suicide pills are legalized by the time I am slipping into dementia and not even my cybernetic implants can keep me form the void.

[Anonymous No.23740895]

>>23738006
he cute

[Anonymous No.23740940]

>>23740623
You can wait for the dip if you want, but I can't guarantee you that the dip is going to be much cheaper than current price

[Anonymous No.23740943]

You guys a bunch of niggas.
Who knows?
Invest in gud stuff and you win.
Doesn't matter if it makes you rich.

[Anonymous No.23741016]

>>23737517
>why this infinitely divisible borderless censorship resistant coin with a clear protocol overview rather than some rocks that slaves have to mine and I can't even transport it?
anon, I...

[Anonymous No.23741028]

>>23737449
Cause you're always late, now buy high and sell low, like clockwork

[Anonymous No.23741120]

>>23737449
Will we ever reach 2017 levels again?

[Anonymous No.23741192]

>>23741120
There's a pretty damn good possibility that we'll reach those levels before the end of the year

[Anonymous No.23741218]

Seems the price is being manipulated.

[Anonymous No.23741234]

>>23737661
you forgot that the final death-throes of their control will be in controlling the public ledger. 33% eth, 33% xmr, 33% btc is the only portfolio worth holding.

[Anonymous No.23741298]

>>23740737
I work at a nursing home where exactly this happens
Almost all the residents are miserable and get charged over $400 a day to cling onto their shitty lives
There was one guy who was completely immobilized and braindead and they managed to suck money out of him for almost a month before he finally croaked

[Anonymous No.23741454]

>>23737661
Based and Witnessed

[Anonymous No.23741956]

>>23739484
>Lmao try getting rid of your rocks when the Boomers die. Nobody will buy that shit anymore just like noone will ever buy linoleum again or a second "good" cutlery for "important guests"
This is a solid point.

It's clear that their lives were full of extraneously dumb shit because they had more money than their lead poisoned brains knew what to do with.

[Anonymous No.23742185]

>>23737661
>gets replaced by Monero

[Anonymous No.23742244]

>>23740072
lol you got it completely backwards. Biden + GOP senate is best case scenario for market. No Biden corporate tax increase and an adult president that won't shitpost on twitter and will better address the virus.

[Anonymous No.23742396]

>>23737449
you had 10 years.

[Anonymous No.23742462]

>>23737471
>>23737605
Markets like the certain of nothing really happening like that, but right now we have a clusterfuck going on and who the fuck knows how this is going to turn out. Markets abhor uncertainty

[Anonymous No.23742524]

It's inverse to DXY.
Big money likes objective analysis so even if it's obvious forever that the US is fucked automated objective systems only trigger a downgrade in their stability when something like a contested election with allegations of heavy voter fraud is recorded. You can look at governments and corporations as automatic systems. The parts of Iran lobbying to move to a BTC reserve have more and more objective metrics to back up their case.

[Anonymous No.23742737]

>>23737449
Bitcoin is mooning most likely because you can buy crypto on Paypal now, they fully launched their platform today so now normies are buying into it for the first time.

[Anonymous No.23742799]

>>23737449
Its the next cycle.
Yes paypal and so on, but there are every time big news. It is the cycle. We see a little down again but rally to 20k and then move slowly to 50k by end 2021. Then we go 100k+ before next cycle starts.

[Anonymous No.23743155]

>>23737517
what year are you living in 1940?

[Anonymous No.23744202]

>>23739245
lmao

People never think the end of their country is near, Rome went from the capital of the world to deserted in 30 years

[Anonymous No.23744524]

>>23737517
Because it's not controlled by banks shorting it for the last 49 years and if they short bitcoin the price recovers again easily.

[Anonymous No.23744533]

Because voter fraud

[Anonymous No.23744572]

>>23737661
Based

[Anonymous No.23744580]

>>23740556

i'm not a boomer and i'm not selling anytime soon.

[Anonymous No.23744595]

>>23737609
NGMI

[Anonymous No.23744609]

>>23737449
because your a zoomer altcoin shill who missed out on the future

[Anonymous No.23744641]

>>23742185
Won’t ever take. Normals don’t care about privacy. BTC is the new defacto global currency.

[Anonymous No.23744644]

>>23737661

[Anonymous No.23744648]

>>23744533
Seethe harder loser

[Anonymous No.23744654]

>>23737471
BTC and the rest of the markets will crash in Dec/January. Covid will be an issue again, will scare everyone and Markets will react badly..Trump will be so soar he lost he'll make to do nothing causing a double dip recession.

[Anonymous No.23744668]

>>23742185
privacy coins will always be niche

[Anonymous No.23744735]

>>23742737
It's not like it was all that hard to buy in the first place.

[Anonymous No.23744826]

>>23737471
The market already believes Biden is going to win YOU LITERAL FUCKING RETARD. GET IT THROUGH YOUR PEABRAIN THAT THE MARKETS AND CRYPTO LIKE BIDEN AND THEY DONT LIKE TRUMP

[Anonymous No.23744866]

>>23741234
>33% eth, 33% xmr, 33% btc is the only portfolio worth holding.

Hello?Based department?

[Anonymous No.23744886]

>>23742737
Media prescribes news to pumps retroactively. It has nothing to do with Paypal.

Pic related.

[Anonymous No.23745000]

when ull understand that btc gives you 30,50,100,200 %

meanwhile alts like Geeq at 1mil capital will 100-200x ? thats 10000-20000%

and yes its completely easy for them to 100x market capital since your average shitty coins has 200-300mil........

they even partnered with link (its sittin at 4 billion capital)


CEO of Geeq already created billion $ corpo.

[Anonymous No.23745047]

>>23737449
This is just the beginning. BTC is digital gold.
We've had a good slow growth.

[Anonymous No.23745134]

>>23737661

[Anonymous No.23745687]

>>23739559
>usd printing = asset inflation
So high value in $

[Anonymous No.23745728]

>>23744641
>>23744668
Tell that to institutions and individuals that don’t want to publicly broadcast their funds and transaction histories. BTC is shit-tier OpSec

[Anonymous No.23745821]

>>23742244
checked and literally this. Biden is about to win and stocks pop.

[Anonymous No.23746901]

>>23737661
this. but unironically

[Anonymous No.23746925]

>>23737517
>Why bitcoin over gold and silver?

[Anonymous No.23747024]

>>23737517

metals are squatter territory. even if you hypothetically needed something from the people holding that territory, it's usually not going to be worth holding your nose to deal with them. It's going to be inconvenient and smelly and uncomfortable every time so even if you might turn a profit you are naturally just going to find something else to do with your time and money.

[Anonymous No.23747033]

Its going up each week, its going to drop today back down to £11,100-11,600 and crawl up and down to 12k. Next week you'll see thus exact pattern except the number 11 will be 12. Then 13, then 14.... its going up until 18K minimum. Then you may see a massive dump, ridiculously high dump, trending down back to 9K. Dont sell until you see £17,000. Get out slightly before it hits £18,000.

[Anonymous No.23747134]

>>23737661
absurdly based

[Anonymous No.23747163]

>>23739631
>>23739739
>Lightning Network doesn't ever seem to go anywhere
>Contract = currency lmao (it kind of does)
>why asic resistance? To avoid centralization, like China owning majority hashing power.
>how does it not have that? Anyone can see how much you have in your address, and where you've sent it.
>why energy efficiency? I agree here that mined coins are more valuable in my eyes, it drives more efficient computers.
>Lightning Network, again, still no real progress, compare with Monero which implemented like 100x fee reduction.

[Anonymous No.23747233]

>>23737661
Y 1 BUF FAT ATH
god damn that id is tight

[Anonymous No.23747466]

>>23738938
You will never get it as long as you tell yourself that PayPal is the best crypto currency.
Once you finally come to terms with the fact that NOBODY cares about the spending use case, things will become much clearer. You will then be able to realize that store of value is a very real, and very lucrative, use case. And then, finally, you will realize that all the things you thought were bad about BTC (inefficiency, slow tps) are because they make total sense for a SoV use case and make BTC be the best fit for it.
And then you will FOMO in.

[Anonymous No.23747578]

>>23739063
Because BTC is by far the best technology adapted to the store of value use case. Not just the best of the current alternatives, but so good that improvements are theoretically hard to imagine. It's almost impossible for a competitor to come up with something that is so much better (and that BTC could not incorporate) that it would make up for the first mover advantage. Nothing that could have a chance has even been tried.
Don't listen to anyone calling BTC a boomer coin. BTC is the only real innovation in the crypto space to date, with the possible exception of Chainlink. People who don't get this don't get crypto.

[Anonymous No.23747610]

>>23737517
You can't make payments over the internet with silver.

[Anonymous No.23747728]

>>23737661
ID COLOR ID COLOR

[Anonymous No.23747756]

normies are cooming