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/biz/ - Business & Finance

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Anonymous Mon Jan 4 23:21:16 2021 No.25535224 [Reply] [Original]

Admit it that’s pretty good.

>>	Anonymous Mon Jan 4 23:22:51 2021 No.25535260 >>25535224 he looks even more retarded now

>>	Anonymous Mon Jan 4 23:24:26 2021 No.25535296 File: 133 KB, 794x739, truelove.jpg [View same] [iqdb] [saucenao] [google] pretty funny, but still wrong. i use bitcoin all the time to buy estrogen.

>>	Anonymous Mon Jan 4 23:24:56 2021 No.25535312 File: 459 KB, 3612x2324, 1609596984007.jpg [View same] [iqdb] [saucenao] [google] >>25535224

>>	Anonymous Mon Jan 4 23:25:10 2021 No.25535320 I imagine him lying in bed at night, thinking up clever little metaphors for bitcoin to post on Twitter.

>>	Anonymous Mon Jan 4 23:26:36 2021 No.25535362 >>25535224 Good thing im not a degenerate newport smoking nigger in prison, kike

>>	Anonymous Mon Jan 4 23:26:38 2021 No.25535363 File: 135 KB, 1200x1807, 5A188D0A-F548-4171-83F1-0D810F696FCF.png [View same] [iqdb] [saucenao] [google] >>25535224 >2,8886 likes Is you faggots smashing that, isn’t it /biz/?

>>	Anonymous Mon Jan 4 23:27:17 2021 No.25535384 >>25535224 snitching out his own son over twitter lmaoo

>>	Anonymous Mon Jan 4 23:28:48 2021 No.25535428 I said Peter Schiff into the mirror three times and now my btc is gone!

>>	Anonymous Mon Jan 4 23:32:43 2021 No.25535538 >>25535224 Honestly that's an excellent point, but it just seems to me thats incredibly effective argument for, not against bitcoin. I think shiff is just trolling at this point

Anonymous Mon Jan 4 23:35:06 2021 No.25535612

>>25535224
I think the core thing about Schiff is missing here is that there's a stability correlated with inherent use cases.
A cigarette will be a more stable store of value because people smoke it.
A gold bar will be a more stable store of value because people use it for tangible goods.
Bitcoin is not stable, nor a store of value. Why? Volatility.

>>	Anonymous Mon Jan 4 23:35:16 2021 No.25535618 >>25535224 Huh, so if cigarettes can be money then what advantage does gold have?

>>	Anonymous Mon Jan 4 23:35:18 2021 No.25535619 >>25535224 Ok, boomer

>>	Anonymous Mon Jan 4 23:36:52 2021 No.25535664 >>25535224 rent fuckin free

Anonymous Mon Jan 4 23:37:22 2021 No.25535682

Nobody who invests in gold uses it either, it effectively has zero intrinsic value. This guy is such a fucking retard. What PR gains does he make from spewing all this nonsensical bullshit. He can't really be dumb enough to believe it, he must just like the fame.

>>	Anonymous Mon Jan 4 23:38:50 2021 No.25535718 >>25535296 Dont forget to buy $ROPE

>>	Anonymous Mon Jan 4 23:39:17 2021 No.25535730 >>25535224 Can I get a food analogy version of what the fuck is he trying to point out

>>	Anonymous Mon Jan 4 23:40:26 2021 No.25535765 >>25535718 you buy rope on uniswap good sir, easy 3x sir

Anonymous Mon Jan 4 23:42:40 2021 No.25535837
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>>25535224
By his definition cash isn’t a store of value either

I’m tired of hearing about Peter Schiff though, he’s emotionally invested in seeing crypto fail because it threatens his gold business. It’s simple as that.

>>	Anonymous Mon Jan 4 23:43:38 2021 No.25535863 >>25535296 Based and be my gf

>>	Anonymous Mon Jan 4 23:45:40 2021 No.25535917 >>25535863 i'm on biz so you just know i only accept other gf(male)s.

>>	Anonymous Mon Jan 4 23:46:52 2021 No.25535947 >>25535312 It's already outdated. $13k buy zone never happened. It's about to happen now. You'll be lucky to get a number starting with 2.

>>	Anonymous Mon Jan 4 23:48:50 2021 No.25536003 >>25535224 Has someone made a cigarette token yet where each coin is backed by one cig? Seems like a winner.

>>	Anonymous Mon Jan 4 23:49:33 2021 No.25536020 >>25535224 He has to be joking right? He secretly has Bitcoin and isn't a fucking retard...right?

>>	Anonymous Mon Jan 4 23:50:35 2021 No.25536047 >>25536003 Loosy Token?

>>	Anonymous Mon Jan 4 23:52:07 2021 No.25536099 >>25535224 I can't smoke my GICs, I can't eat my RRSPs, I can't shelter myself from the elements with my dividend stocks...So what the fuck is his point really?

>>	Anonymous Mon Jan 4 23:55:04 2021 No.25536173 >>25535224 you guys are obsessed with anyone who even mentions btc. the celebrity worship you redditors exhibit, not fascinating.

Anonymous Tue Jan 5 00:02:10 2021 No.25536382

>>25535837
This. Since decoupling from the gold standard, cash’s value is arbitrary and at the whim of the money printers. By that standard Bitcoin is actually more valuable as the supply is “fixed” - there some still to mine but not many and it will take a long time. Gold is constantly being mined and there are huge stores still. Plus he’s a terrible fund manager. He’s just trying to stay relevant at this point. Poor, sad boomer.

>>	Anonymous Tue Jan 5 00:03:54 2021 No.25536435 File: 287 KB, 1119x1615, 7E742223-B355-4040-9C04-0ADBBA3D0B53.jpg [View same] [iqdb] [saucenao] [google] >>25535224 Bitcoin bad Gold and my fund good, he inherited all his money and people still listen to this dan bilzerian tier pleb

>>	Anonymous Tue Jan 5 00:05:53 2021 No.25536483 >>25535296 can you tell me how to use bitcoin to microdose LSD or Psilocybin? I have serious depression and nothing the doctors prescribe has helped

>>	Anonymous Tue Jan 5 00:06:36 2021 No.25536510 >>25535224 Cigarettes work in prison because supply is restricted due to the difficulties with getting them, giving them increased value. his argument is more for bitcoin then against it

>>	Anonymous Tue Jan 5 00:09:29 2021 No.25536603 >>25536483 dark.fail, use Tor browser obviously, preferably Tails OS but you're small fish who cares. i tried microdosing shrooms for a while, but estrogen did a better job. i'm a faggot though so ymmv

>>	Anonymous Tue Jan 5 00:17:00 2021 No.25536821 File: 97 KB, 689x473, 1549140628745.png [View same] [iqdb] [saucenao] [google] >>25536603 thx gay fren

Anonymous Tue Jan 5 00:18:42 2021 No.25536876

>>25536603
I wanted to order 5 tabs of acid off the dnm, so I read the bible. It kept emphasizing YOU MUST USE TAILS EVEN IF YOU'RE A SMALL FISH OR THE FBI WILL KICK DOWN YOUR DOOR

Went through the tails installation process and then realized my laptops wifi isn't compatible with it. Ended up saying fuggit and ordered tailless kek.

Anonymous Tue Jan 5 00:20:33 2021 No.25536922
File: 15 KB, 391x105, Screenshot (22).png [View same] [iqdb] [saucenao] [google]

>>25535224
How the fuck is this actually real. This is fucking proof he's a shill for boomers. His sole purpose is to convince dumbass rich upper middle class boomers not to get into bitcoin yet. They're trying to keep them out as long as they can.

>>	Anonymous Tue Jan 5 00:20:36 2021 No.25536925 >>25535224 Nobody smokes gold either

Anonymous Tue Jan 5 00:25:18 2021 No.25537048

>>25536382
btc is unironically the national socialist take on money.

when hitler came to power, how did he rebaseline the nation's currency? by deriving value from the real assets and products of german industry. similarly, when you buy btc you're betting on the collective hashpower (i.e. "labor") being invested in the network, plus the capital invested in acquiring that portion of the utxo blockchain.

>>	Anonymous Tue Jan 5 00:28:24 2021 No.25537129 Holy shit he's right, gold is so useful. Without it we'd would have many less trinkets in existence.

>>	Anonymous Tue Jan 5 00:31:18 2021 No.25537222 Peter Schiff has a message for /biz/: https://vocaroo.com/1dq5tL8fjJIo

>>	Anonymous Tue Jan 5 00:33:08 2021 No.25537265 >>25535312 "parabolic rise for 9 months" when has this ever happened??? Bitcoin isn't new anymore. Saying this as a hodler.

>>	Anonymous Tue Jan 5 00:33:46 2021 No.25537277 File: 104 KB, 885x960, helperbear.jpg [View same] [iqdb] [saucenao] [google] >>25535296 b-biz bros? Was the gold jew right all along??

Anonymous Tue Jan 5 00:35:50 2021 No.25537347

>>25535612
There's also demographic aspects that he's not understanding, or he is understanding and he's aggressively lashing out against. Young people aren't interested in buying into Boomer owned value structures like Gold ext... They'd rather force Boomers to buy into their Networks. Crypto has many generational wealth distribution undertones

>>	Anonymous Tue Jan 5 00:37:09 2021 No.25537385 >>25536876 ok, then what?

>>	Anonymous Tue Jan 5 00:37:25 2021 No.25537393 >>25535224 It's funny but retarded lol and proves bitcoin's point I don't get how Schiff doesn't get that the same thing can be said for gold

Anonymous Tue Jan 5 00:38:52 2021 No.25537429

>>25535224
Imagine being a this insanely rich old jew that does nothing but fud bitcoin on TWITTER. Imagine just being old and using Twitter unironically. God this fucking society is falling apart. How can you imply bitcoin is a scam/meme when you're like 70 using a platform that barely existed just 10 years ago and is now this monster that has engulfed all social commentary. This old faggot has no idea what he's talking about because all his knows is boomer rocks and his jewy ways.

Anonymous Tue Jan 5 00:41:03 2021 No.25537490

>>25537393
He does get it. He knows that how important value perception is when it comes to "networks of value", whether it be Gold or BtC or USD. He's spent his entire life promoting the Gold value structure, and know he's getting completely assblasted by BtC and younger generations that don't want to buy his gold boomer shekles. Younger people are building a value network of their own and making boomer money capitulate

>>	Anonymous Tue Jan 5 00:41:52 2021 No.25537512 >>25536003 I'm about to make NicCoin

>>	Anonymous Tue Jan 5 00:42:03 2021 No.25537520 File: 729 KB, 1000x1000, bateman 2.png [View same] [iqdb] [saucenao] [google] >>25535296 All that bitcoin and drugs and you will never be a woman

>>	Anonymous Tue Jan 5 00:42:06 2021 No.25537522 >>25537429 He knows exactly what he's talking about, that's why he's desperately flailing

>>	Anonymous Tue Jan 5 00:46:42 2021 No.25537637 >>25537429 >insanely rich He probably assumed gold would have zero disruption to deal with forever and bet too hard on that as a business. It's easy for rich people to get reckless.

>>	Anonymous Tue Jan 5 00:52:47 2021 No.25537776 >>25537385 now hes posting from death row

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