/biz/ - Business & Finance

[Anonymous No.23933928]

>can't even sustain $16,000 anymore
it's fucking dead

[Anonymous No.23934019]

HAHAHA I CAN FEEL THE DESPERATION OOZING THROUGH YOUR POST

[Anonymous No.23934146]

Whales are fucking with you

[Anonymous No.23934446]

Are you serious you can't see the greens all over that are ahead of us?I moved 2 btc into DMG today but only because it will dip a little. We're gonna see new ath before the end of the year.

[Anonymous No.23934463]

Tether is about to cause the most catastrophic rug-pull in human history.

https://www.youtube.com/watch?v=bFVK9SxKR5c

https://www.youtube.com/watch?v=qzDjJ-SrojY

New information on tether lawsuit:

https://www.reddit.com/r/btc/comments/jrr3ny/recent_fillings_exit_the_ponzi_playground_at_all/

More information on Bitcoin:

https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7?gi=63d0d0ef554a

https://www.youtube.com/watch?v=XfcvX0P1b5g

As of today, seven-day printing-rate of tether is $38 billion per annum.

I suspect that the CFTC knows that tether is a scam, but they won't audit it for the same reason that they won't audit the COMEX. Crypto is an Adam Back/Blockstream-created ponzi to split the anti-fiat community. The COMEX already would have gone bankrupt if our efforts had been fully concentrated on physical silver during these past ten years. Once fiat collapses, BTC becomes priced in gold, and all crypto (as being the fruit of the poisoned tree) immediately goes to zero.

"To overturn the history of gold is wishful thinking. Fully backed Gold and silver substitutes and circulating coins are practical and acceptable for 7bn transacting individuals. BTC will then have no role and sink to zero priced in gold." - Alasdair Macleod, 8 November 2020

BTC requires $100-fees and 3-day transaction times when even 0.1% of the world population attempts to use it as a currency; the only solution is to go through Blockstream’s second-layer solutions which track and trace everything you do. Blockstream is controlled by the banks and the Bilderberg Group. Projects like BCH are not the answer, since they are just as liable to human corruption as BTC was.

Not only is BTC worthless as a currency, but gold-backed crypto already exists. We don't need BTC for anything.

https://www.youtube.com/watch?v=5Q9aYYluRA0

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

Also, gold-backed yuan and rubles will soon be used in the banking system.

[Anonymous No.23934512]

I envy the lucky bastards that managed to short at $ 16,950.

[Anonymous No.23934518]

>>23933928
RSI is at 80 on the weekly chart this pump is just about done. Time to pull back to 12,000 and cool off and then we resume the climb to 100k next year.

[Anonymous No.23934622]

>>23934463

all of this would matter if the dollar weren't heading into an even deeper rugpull.

Gold backed fiat is exactly as valuable and useful as any other fiat, because the issuing entity is always incentivized to rugpull the gold from under the fiat and then to rugpull the fiat entirely. Nobody is going to transact jack shit with physical metals, so gold and silver are, in fact, completely worthless.

[Anonymous No.23934681]

>>23934622

Nobody will accept fiat money after the collapse of the dollar. As soon as a country refuses to convert its currency into gold, that currency will immediately go to zero. You can only do a Nixon-like rug-pull once; our unbacked ponzi-scheme financial system is a unique historical circumstance which arose out of American supremacy at the end of WW2, and will not repeat itself once that system comes to an end.

Also, as I say in my post, we already have gold-backed cryptos.

https://www.youtube.com/watch?v=5Q9aYYluRA0

[Anonymous No.23934755]

>>23934681

feel free to ask the Chinese about their experiments in gold-backed currency. Do you even know what it's called?