/biz/ - Business & Finance

[Anonymous No.24014493]

can someone for the love of god explain what is happenjng?!?!?!

[Anonymous No.24014525]

>>24014493
are you retarded? the price is going up dumbass

[Anonymous No.24014527]

>>24014493
I asked Jesus at 11:11 for a golden bull run and for bitcoin to hit 100K, y'all are welcome

[Anonymous No.24014531]

Governments debasing fiat and preparing for the largest money printing in history. Elites preparing to hard-steer directly into neo-feudalism.

[Anonymous No.24014544]

Some people are buying and in few days/weeks are going to lose a shitload of money.

[Anonymous No.24014570]

This is just the start of next cycle. Look at 2016 and 2017. It tooks 1 1/2 yrs to go from 80% of last ATH to new ATH. We are at the same point again. We will see a lot of new pumps with 30% in one week the next year. Now we only have 10% pump this week. We all just know the long bear market, that is why we feel this is the top. But it is just the start.

[Anonymous No.24014569]

>>24014493
dxy is going down , bitcoin & real estate going up

>>24014531
Also this

[Anonymous No.24014573]

>>24014544
This

[Anonymous No.24014598]

>>24014570
This is also quite likely to occur
If history has anything to say, we get a spike, bear market for like a year, then another hypermeme spike

[Anonymous No.24014618]

>>24014570
lol that bearmarket still printed into my mind

[Anonymous No.24014628]

>>24014493
Bitcoin halving happening during a time of uncertainty for most global currencies drawing interest into all cryptos.

[Anonymous No.24014954]

>>24014493
Pic related, sell-side liquidity crisis in part due to the halving slowly eating away at the available btc for sale this past 6 months

[Anonymous No.24015000]

>>24014493

Sure anon!!! The Burrito index tracks true inflation. The Fed says they are going to target twice typical inflation, that means inflation around 10-15% conservatively! That's why you see such high valuations for stocks. Apple is valued at 2T, this number no longer makes sense based on traditional valuations. Two reasons for this, firstly the stocks aren't so much overpriced as they are being inflated relative to fiat. Secondly because equities like tech stocks are being used as a store of value. A place to keep your funds safu when the Fed is devaluing them. The stocks aren't going up as much as fiats purchasing power is going down. How are you going to afford a house? Your money is being devalued even though you have the same amount of it in your bank account! Taxation isn't theft. Inflation is.

This is because of the Keynesian monetary policy that the US has adopted after the gold standard was removed 50 years ago. It leads to boom and bust cycles. We are used to them now but we live during the exception not the rule. For most of financial history, currency was backed by something (gold), not merely printed arbitrarily.

It's Bitcoins time to shine. PTJ and Druckenmeiller have capitulated. So have many others. Ray Dalio says "he might be missing something". PayPal offers it. Fidelity is now shilling it. ETF's are coming next year. JPMorgan completely flipped on it. Citibank says 300k. FUD. The metrics show that money is moving away from gold ETF's into Greyscale. Google analytics are showing that there is virtually no new interest in Bitcoin. Institutions. Metrics are showing that large orders are coming in. Look up Michael Saylor (right now). Look up Square. This is the beginning.

Gold has been used successfully for thousands of years as a store of value. What happens when something comes along that's better than gold in every conceivable way and in ways we haven't yet programmed in?

The gold bull.

[Anonymous No.24015097]

>>24014493
my mate works at bitfinex and he said employees can print millions of dollars out of thin air, so they're all buying millions of bitcoin for free, and then transfer it to coinbase and sell it for real USD

[Anonymous No.24015160]

AAAAAAAAAAAAAAAAA HOLY FUCK IT KEEPS GOING OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

[Anonymous No.24015474]

>>24014493
This was foretold. You could have known if your ears could hear the whispers of the witches that weave the webs of fate.

[Anonymous No.24015484]

>>24014493
we're making it, boyo

[Anonymous No.24015522]

>>24014493
tons of institutional and high net worth taking BTC off of the exchanges

[Anonymous No.24015550]

>>24015000
checked, well said anon

[Anonymous No.24015655]

>>24014493
the bonded.finance sale is happening. get with the program.
oh yeah and normies are starting to fomo. may le good times never end

[Anonymous No.24015660]

This is it. We are making it. Wojak finally let go of his bag and now he is here safe with us. We can close the airlock now.

[Anonymous No.24015678]

>>24015000
Absolutely based post and 100% checked

[Anonymous No.24015681]

>>24014598
So what should I, someone who's late to the party with nothing, do?

[Anonymous No.24015688]

>>24014493
Communism you idiot.

[Anonymous No.24015712]

>>24015681
buy or regret it later when ETH is 5k and BTC is 100k

[Anonymous No.24015722]

>>24014531
What I don’t understand is, if investors are chasing safe havens away from the dollar, why is literally every speculative market going straight up? If I was worried about the dollar why wouldn’t Gold be through the roof right now?

[Anonymous No.24015762]

>>24015722
because gold has no place in the future, we're not cave dwellers anymore, you need to be able to transfer fractions of digital currency instantly

[Anonymous No.24015764]

>>24015681
This is going to retrace back to the 20 week moving average eventually. Look at bitcoin monthly graph, it’s absurd, wait a bit to buy some for much cheaper. We’re not going to $100k anytime soon

[Anonymous No.24015778]

>>24014525

[Anonymous No.24015788]

>>24014493
Green blue or red and we hit 20k today

Dubs and btc hits 38k eoy
Trips and btc hits 300k 2021

[Anonymous No.24015796]

>>24015681
Buy. Nobody knows what they are talking about. I read last week 15k was the peak. Week before that 14k. It’s all gambling. It’s 100% a new asset class, once in a lifetime opportunity. Who fucking cares if it’s. 25k end of week and 15k by next. In the Long run it’s 300k.

[Anonymous No.24015804]

>>24015699

[Anonymous No.24015838]

>>24015788
As kek wills it, so it shall be done.

[Anonymous No.24015867]

>>24015764
This is literally the farmer parable from Ecclesiastes.
>Farmers who wait for perfect weather never plant.
If they watch every cloud, they never harvest.
I already said it, buy and forget it. It’s going to 300k+

[Anonymous No.24015872]

>>24015000
great points. i would also like to add that i heard a stat that 22% of all USD in circulation world wide were printed/buttoned in 2020

[Anonymous No.24015877]

>>24015788
C H E C K E D

[Anonymous No.24015881]

>>24015764
The only sensible post ITT. We might moon up to 19.5k at the highest, and then it will blow off until it hits -10% of the mean, then recover into a 12k stable coin again. This has happened literally every single bullrun ever. Just wait a month or two and buy then.

Life is long frens, and crypto is forever. You haven't missed anything until you've given up on everything.

[Anonymous No.24015882]

>>24014493

numbers go up

[Anonymous No.24015899]

>>24014493
KEK IS HERE KEK IS HERE!!!!!
>>24014422

>>24014422

>>24014422

.

[Anonymous No.24015948]

>>24015877
Confirmed.

[Anonymous No.24015968]

>>24015722
Stocks are also a hedge against inflation at this point because investors and large institutions have been using it as a safeguard against USD inflation. Yes im serious, Google it. When everything is going up, that means that whats actually happening is the USD is going down.

[Anonymous No.24015991]

>>24015000
checked, based, capped

[Anonymous No.24016031]

>>24015474
doubt it your friends with a chink? but ironically this is what this bull run is about tether and bitfinex are gonna be shut down by the NY AG soon and are just gonna pump and dump btc one last time before they get caught by selling their btc for real usd and dump it into the chinesse economy talking about CHINA NO. 1!!!! Never trust chinks anons

[Anonymous No.24016127]

there's gonna be a dip soon r-right bros?

[Anonymous No.24016151]

>>24014493
Chinese new year

[Anonymous No.24016153]

>>24014493
Just the grand finale of 2020 ramping up

[Anonymous No.24016171]

>>24015788
checked and redpilled

[Anonymous No.24016179]

>>24014493

paypal-ies are all coming in

[Anonymous No.24016236]

>>24016031
I give every narrative presented many chances to fit the data, if anything I'm too generous in handing out the benefit of the doubt. Under these incredibly loose standards your narrative is still shit, your web witches are retarded.

[Anonymous No.24016291]

>>24015000
Based. Post more

[Anonymous No.24016385]

>>24015722

There are two commonly believed outcomes if the whole economic system goes to hell:

We’ll have severe deflation, causing gold to crater.

Or severe inflation, causing gold to boom.

And though that may appear partially true when taken at face value, it’s important to understand what factor truly influences gold prices:

Fear.

When it comes to gold, there are two different kinds of fear to worry about:

Inflationary (or deflationary) fear, and…
Economic fear.
Whichever is of more concern causes gold to move in one direction. And those fears affect gold when we’re approaching either deflation, or dangerously high inflation differently.

When approaching deflation:

If deflationary fear is STRONG, but economic fear is WEAK, then gold is likely to DROP because of confidence in U.S. economy to carry the dollar.

If deflationary fear is WEAK, but economic fear is STRONG, then gold is likely to RISE. It doesn’t matter if interest rates are in check for the time being if the economy is almost in recession, because if a recession does arrive, interest rates will be altered mightily by the Fed, potentially crushing the dollar.

If deflationary fear is STRONG, and economic fear is STRONG, then gold is likely to RISE GREATLY – see post-financial crisis gold movement in 2009, where it rose over 27% for the year. Deflation + poor economy could result in a Japan scenario, where growth has been stifled for decades. This is bad because in Japan, people and businesses fear taking on long-term debts, since they become more expensive over time with deflation.

When approaching dangerously high inflation:

If inflationary fear is STRONG, but economic fear is WEAK, then gold is likely to RISE because of a weakening dollar, regardless of economic strength.

If inflationary fear is WEAK, but economic fear is STRONG, then gold is likely to RISE because of a weakening economy, regardless of a strong dollar. If the economy craps out, a dollar collapse could follow.

[Anonymous No.24016411]

>>24016385

If inflationary fear is STRONG, and economic fear is STRONG, then gold is likely to RISE THE MOST, like it did in 1979 – a year in which GDP growth was a horrendous -0.4% and inflation was sky-high.
HOWEVER that does not mean gold will keep rising long-term:

AFTER gold spikes in the scenarios described above, it ALMOST ALWAYS FALLS once inflation (or deflation) begins retracing OR the economy improves.

If either of those two things happen (often both at the same time), a gold CRUNCH could be coming soon after. It happened in 1981, 1988, and 2013 – all years where inflation and the economy returned to good standing following a period of economic or inflationary uncertainty and rising gold prices.

[Anonymous No.24016412]

Coinbase is out of LINK

[Anonymous No.24016444]

>>24015722
Because you can make more dollars through speculation. Remember, the dollar always wins.

[Anonymous No.24016617]

when should I buy the dip bros?

[Anonymous No.24016630]

>>24014493
We're financially ruined! Anyone have a rope to share?

[Anonymous No.24016665]

>>24016617
There is no dip at this party, only falling knives

[Anonymous No.24016683]

Buttcorn go up

[Anonymous No.24016712]

>>24015000
checked and agreed

[Anonymous No.24016719]

>>24016665
who dat semen demon?

[Anonymous No.24016743]

>>24015788
Check em

[Anonymous No.24016847]

>>24015000
checked and based post

[Anonymous No.24016995]

>>24016411

Continuing where I left off:

The question is, then, will gold continue rising? You bet. The current cocktail of inflationary fear, deflationary fear, and economic fear is still downright ready.

The Fed even said it’s more concerned with deflation than anything else. That’s the kind of stuff Powell wants to say so he can authorize even more QE.

The problem with gold is that it’s already done very well this year, and in fact, over the last few years.

Bitcoin has only really been up in 2020. So, watch for a gold rebound soon. It might not soar like Bitcoin will, but picking an exit point will be far easier.

My advice: hold both.

[Anonymous No.24017140]

>>24014493
Tomochain isn't dumping. That's what's happening.

[Anonymous No.24017156]

>>24016617

At $14k

[Anonymous No.24017169]

KEK IS HERE KEK IS HERE!!!!!

GET IN HERE RIGHT NOW AND WITNESS!!!!
>>24014422

>>24014422

>>24014422

>>24015329
KEK IS HERE KEK IS HERE!!!!!
>>24014422

>>24014422

>>24014422

[Anonymous No.24017170]

>>24016995
This just in! Boomer gold bugs have capitulated.

[Anonymous No.24017183]

>>24014493
Btc price rose $1k yesterday. A correction was bound to happen. How new are you to this?

[Anonymous No.24017254]

>>24015788
If green, alts will pamp too if red even link will dump

[Anonymous No.24017286]

>>24017254
Fuck brown, does this mean pajeet coins will pamp?

[Anonymous No.24017348]

>>24017170

Gold is barely down from its recent high. They haven’t capitulated. By that mentality, Bitcoin bulls just capitulated in the last 30 mins as well.

[Anonymous No.24017357]

>>24015788
checked

[Anonymous No.24017392]

>>24015000
are you telling me to buy during this drop???
checked

[Anonymous No.24017637]

>>24016179
150 mio US users. If every person invests only 1 $ we are at 30k in 2 weeks.

[Anonymous No.24018626]

>>24017286
No it means link will pump and actual shitcoins will dump

[Anonymous No.24018721]

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.24018757]

>>24015000
this

stocks have been in a downtrend for 20 years if you factor in the rapidly inflating money supply

[Anonymous No.24019038]

>>24015000
Checked for industry 4.0

[Anonymous No.24019073]

>>24015788
Btc will go higher

[Anonymous No.24019090]

>>24014493
Fiat is crashing.

[Anonymous No.24019101]

>>24016444
Why are these cheerleaders 40 years old?