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28190276 No.28190276 [Reply] [Original]

If it keeps on raining, levee's goin to break

>> No.28190345

how is dogecoin any different to bitcoin?

>> No.28190374

>>28190276
Michael Burry really talks a lot of bs

>> No.28190413
File: 1.09 MB, 2388x1388, 3FCB3A4D-1180-4359-926C-A75879DF17B9.jpg [View same] [iqdb] [saucenao] [google]
28190413

>>28190276
Yeah bitcoin and Tesla will crash after Tesla hits 5k and bitcoin hits 330k. Bears fucking suck. Fuck peter schiff and fuck you OP.

>> No.28190431

>>28190276

I just watched the big short a few hours ago, this might be a sign from god to sell. I mean the guy figured out the housing market crash and he's def more smarter then anyone on biz.

>> No.28190482

>>28190345
it's a literal clone, I believe, only with a ceiling of like 500M coins rather than 21M.

It was literally created as a joke.

>> No.28190498

>>28190431
Yes and it took a while for it to pop even as it was almost about to burst.

>> No.28190564

>>28190374
>Michael Burry really talks a lot of bs
That's what you said when GME was at $4 and he bought like 50k shares of GME. He made $3bn after the squeeze.

>> No.28190568

>>28190276
Some one oughta kill michael berry

>> No.28190587

>>28190276
A theme
https://www.youtube.com/watch?v=OOPUkfDj8bs

>> No.28190667

he's been shorting tesla since at least the start of december.

>> No.28190678

we are approaching the buble teritory but thats where the fun begins

>> No.28190697

With all due respect burry probably doesn’t know a lot about crypto price action. What he says is true of early 2017 and 2014 too

>> No.28190719

>>28190345
merge mined from a literal clone (LTC)

>> No.28190823

>>28190482
how is it any different? why does it matter its a clone, it does the same things as bitcoin probably better actually, the only difference is the logo and that one takes themselves seriously

>> No.28190855

>>28190697
There's no solid, direct proof that Elon bought 1.5bn in btc and he could just be bluffing to lure the zoomers into buying btc.

>> No.28190879

>>28190719
so what, it has all the same properties as bitcoin

>> No.28190910

>>28190345
It's not, both are fucking worthless. But hey, as long as there are greater fools to buy your bags, who cares, profit from the ride while it last and get out as soon as SHTF and you basically transfered wealth from brainlets to you.

>> No.28190974

>>28190345
My question is how come transactions appear to be faster than Bitcoin? Doesn’t that make it better even though it’s a dumb meme?

>> No.28191075

>>28190855
Muskberg is literally a deepstate conman here to lure normies away from real wealth to push them to bet on retarded shit.
A glorified snake oil salesman barely able to make a sentence the media deified because he's part of the illuminati elite.

>> No.28191101

>>28190719
I hope these zoomers and redditfags lose everything on dogecoin. fucking meme loving faggots get the rope.

this that said.
$NEED - you were warned

>> No.28191136

>>28190276
Dogecoin has less inflation than most fiat currencies, it even has lower inflation that ethereum or litecoin.

Also scrypt asics have not been built for years meaning miners are not forced to dump to buy newer asics.

>> No.28191137

>>28190855
Who gives a shit if he did though? Value of BTC isn't based on Elon owning it

>> No.28191338

A distraction from what exactly??? And the guy has been wrong a few times before.

>> No.28191437

>>28190678
Lol opposite of biz


Oh we're about to go MUCH higher

when biz proclaims "it still isnt the top bros" combined with Bitcoin Burger advertisements at Burger King just know its time to sell.

I was browsing on my phone thanks for making me get up and post this faggot someone had to tell you that you're wrong

>> No.28191509

>>28190276
Thanks anon.
Just sold all my BTC
Gonna stay in Tether for a while overseeing happenings

This is as clear a sell signal as it gets.

>> No.28191526

crypto is in a massive bubble, the question is when will it pop

>> No.28191552

>>28190678
When is this market gonna release a Christmas album? It is two months late!

>> No.28191591

>>28190568
dude keeps giving you plays for free and you want to kill him. absolute brainlet

>> No.28191650

>>28190879
>it has all the same properties as bitcoin
Nah it's highly inflationary
BTC isn't

>> No.28191654

>>28191526
When they stop forcing all new money out of stock and into crypto with selective laws and regulations.

>> No.28191669

>>28190482
500B*
literally has over a 120B circulating already

>> No.28191673

>>28190823
> *crickets*
You're asking for WAY too much critical thought and insight out of these people.

>> No.28191703

>>28190667
dear god are you fucking kidding me?

>> No.28191711

>>28190276
Definition of a one hit wonder

>> No.28191722

>>28190276
Michael Burry knows the boomer market but he doesn't have a clue about crypto. Doge pump signals a bubble? where the fuck has this guy been for the last 10 years. we pump the fuck out of all kinds of stupid shit then crash it violently.....all the damn time. The bubble he's seeing is actually RH traders throwing money around....it's not bitcoin or crypto....it's clueless retail and there's a huge overlap between these two worlds.

>> No.28191735

>>28190345
dogecoin is litecoin with infinite supply. Elon doesnt have dogecoin so he hypes it. it would be illegal if he did the same with bitcoin now i think

>> No.28191737
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28191737

>>28191526
>crypto is in a massive bubble
Go back to r/buttcoin tranny

>> No.28191787

>>28191075
this. musk gets the rope with all the rest of the kikes for his fucking games.

>> No.28191795

>>28190910
literally every asset ever

>> No.28191860
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28191860

>It's not, both are fucking worthless. But hey, as long as there are greater fools to buy your bags, who cares, profit from the ride while it last and get out as soon as SHTF and you basically transfered wealth from brainlets to you.

>> No.28191863

Let it crash, pls. Then i finally can buy the Bottom

>> No.28191882

>>28191338
I also wanted to know this since OP is a massive fucking FAGGOT and didn't post a link. So here it is: https://markets.businessinsider.com/currencies/news/big-short-investor-michael-burry-questions-tesla-bitcoin-dogecoin-bubble-2021-2-1030059706

>"Chinese regulators summon Tesla on quality issues as consumers complain about quality ... but $TSLA bought $BTC," the Scion Asset Management boss tweeted, using the tickers for Tesla and Bitcoin. "In my mind's eye, so much #digitalconfetti."
In other words, Burry thinks Tesla may have timed its $1.5 billion purchase of bitcoin to distract from its China troubles.

>> No.28191908

>>28190276
Isn't this guy a literal autist? Like he's really high on that spectrum

>> No.28191909

>>28190855
pretty sure saying it in an SEC filing while not actually doing it is illegal

>> No.28191935

It's not exactly super high IQ take that DOGE mooning is signal we're reaching peak

>> No.28191957

>>28191882
Makes sense.
Fuck Elon this faggot is ruining the crypto market.

>> No.28191965

>>28190374
yeah he only bet all his money on the housing crash before anybody even thought about it happening.
What does he know

>> No.28191983

>917.png
You schizos are insane

>> No.28192000 [DELETED] 

Late on Wednesday, a moderator of the popular Reddit message board WallStreetBets posted several screenshots on the chat app Discord. They showed that other moderators had quietly started talking among themselves about landing a movie deal.

"What's our cut?" one of the moderators had asked in a Discord chat, according to the screenshots.

By Thursday morning, that quest for Hollywood riches had exploded into an ugly battle, giving a glimpse into the unruly nature of a suddenly famous Reddit community. That was when the WallStreetBets moderators who were considering the film deal began booting out other moderators who had questioned them for secretly trying to profit from the forum's success. Eventually, employees at Reddit weighed in to try to quell the unrest....

One moderator said he was in touch with Ben Mezrich, an author of the book that became the movie "The Social Network," who last week secured deals to write a book and help with a movie about the GameStop saga, according to screenshots from the forum shared with The Times. "Oof we gotta go fast i think," another moderator wrote back. "While the studios are competing...."

The conversation heated up after WallStreetBets founder Jaime Rogozinski announced that he had sold the rights to his own story to a movie studio this week. Mr. Rogozinski did not respond to requests for comment... Some began criticizing the top moderators for moves they had made to raise their profile, like creating a Twitter account and hiring a public relations representative. Some also made death threats. Late Wednesday and early Thursday, the top moderators began removing lower-ranking moderators who were asking questions....

On Thursday afternoon, Reddit stepped in to remove the top WallStreetBets moderators.

>> No.28192014
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28192014

>>28191882
>china questions the quality of a product
Were they upset it didn't burst into flames or give their children lead poisoning?

>> No.28192050

>>28191882
lmao, Biden and China teaming up to shit on Musk.

>> No.28192074

>>28190276
Massive bubble in crypto?

>> No.28192149

>>28190431>>28190498

The movie forgot that the goberment of Bill Clinton in the 90s wanted to hype the dream of ''everyone should get a home'', so bankers viewed this as goberment will do anything to back up the housing bonds, which is why those bonds were seen as never risky, then bankers pushed them on their institutional clients, to get fat fees from those, and the bubble was humongous. Then it exploded because GDP will never rise like a fucking bubble.

Also all the jews are good guys in the movie and ofc the jew says midwits would blame the immigrants.


1998: Sec. Andrew Cuomo Defends Affirmative Action Mortgage Policy


https://www.youtube.com/watch?v=9TWOPDN5Va0

Andrew Cuomo admits "affirmative action" determined housing policy during his tenure at HUD. New York's new governor defiantly explains how riskier loans with likely a higher default rate would be encouraged under the Clinton Administration. Of course the same policies were subsequently followed by the Bush Administration.
So to avoid the housing collapse, we are supposed to believe the SEC or some other group of regulators were supposed to have had the spine to overrule the stated Clinton Administration official policy on mortgage finance at the time? These regulators presumably were also supposed to have stood up to Congress, mainstream economists, academia and the entire media establishment?

>> No.28192152

how can i read michael burrys tweets is there an archive or something

>> No.28192256

Rather than a distraction, Elon probably bought that shit directly from chinese miners in some fucked up deal.

>> No.28192346

>>28190564
He sold way before the squeeze.

>> No.28192395

>>28191650
>highly inflationary
it has an inflation rate of about 2% a year which will keep transaction costs low and consistent

>> No.28192511

>>28190879
bitcoin has the longer chain and thus more trust, easy

>> No.28192558

>>28192511
pure cope at this point

>> No.28192668

>>28190823
>one takes themselves seriously
And is taken seriously in turn. All of human power ever has existed on the same principle in one way or the other. Tien ming, the catholic church, the American's constitution. Legitimacy is everything while being nothing and we know no upper bound to its authority.

>> No.28192731

>>28190276
isn't that that retarded guy?

>> No.28192789

>>28192558
how am I wrong? also, why don't you move to some copycat imageboards, don't they all have the same properties as here?

>> No.28192951

>>28191711
He predicted gamestop as well, so.... two hit tycoon?

>> No.28193041
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28193041

Doge coin needs a market cap like bitcoin to worth 1 dollar.
Who the fucks gonna buy so much doge?

>> No.28193133

>>28192789
>why don't you move to some copycat imageboards
fucking kek, image boards actually have a use unlike bitcoin and the population of an image board is part of the experience that improves the use. With bitcoin that only difference more uses make is an increase in the price, the only thing you actually are interested in as its the only thing bitcoin does - goes up in price because some future idiot will buy it because they think it will go up in price.
>how am I wrong?
you are wrong because the amount of trust in the chain will never change the fact that the token that embodies that trust is useless: it creates nothing and it stores nothing that others can use to create at a later date. In fact to even use bitcoin is a constant drain on its value, like holding a negative yielding 'asset'

>> No.28193177

>>28191136
>Dogecoin has less inflation than most fiat currencies
Fucking what? Current DOGE inflation is like 15% per year. Even USD real inflation figures (not CPI bullshit) are only ~5-10%.

>> No.28193190

>>28190823
what I find interesting is if normies even realize this they think to themselves that doge can be the next bitcoin instead of breaking out in a cold sweat knowing a meme is better than the "King" of crypto

>> No.28193226

>>28190276
based Burry at it again, first the housing crash and now GME, and then TSLA and crypto along with the rest of the overvalued market. He will finally be the one to trounce the snake oil sales man that is the MUSK with his shorts

>> No.28193234

>>28193041
Who the fucks gonna buy so much doge?
>robinhood locked
>price drop

>> No.28193301

>>28191722
that's exactly what he's saying though, not that there are multiple separate bubbles, but there is just the one omni-bubble composed of psychotic retards racing from one random meme sector to another, pumping and dumping innocent equities in its wake. You can work up so much of a froth before the whole thing boils over.

>> No.28193323

>>28193190
doge can be the next bitcoin AND its a complete meme, crypto is a joke. your completely right, its peak group think of midwits hoarding into something and people who should no better staying in because they know its all nonsense but think there are more gains to milk from it before it all blows up

>> No.28193344

>>28190374
He made two controversial bets and won massively on both of them. The only reason I’m not all in on shorting Tesla is because I don’t have the capital to hedge the risk of the collapse taking longer than expected.

Michael Burry is a fucking genius. Tesla will collapse, it’s just a matter of when

>> No.28193437

>>28190879
Umm, no, the inflation rate and blocktime are different at least.

>> No.28193515

>>28190276
Cryin’ won’t help you,
Pray in’ won’t do you no good

>> No.28193549

So according to the article Burry thinks a market crash is very imminent, months and not years away. So how is he positioning himself to weather it? Anyone know? Cash, PMs, portfolio full of naked shorts, what?

>> No.28193552

>>28190374
>Michael Burry really talks a lot of bs
Don't trust what these guys are saying. They know that their words can influence markets, so they use it to their advantage.

>> No.28193593

>>28193323
you're the midwit here anon. Brainlets buy it because they like memes, midwits don't buy it because its a meme, high IQ buy it because they know its fundamentally solid and also because they like memes.
turn off your brain and you will make better decisions

>> No.28193657

>>28190910
Nocoiner cope

>> No.28193688

>>28190276
Didn't he keep quiet about the housing crash? Why announce his opinions on this?

>> No.28193689

>>28193437
thats not a property of the coin though, thats an aspect of the supply. They both have the same 'physical' properties (nonexistant) and both have the same digital properties, they are both fungible, divisible, transferable. Nothing can be made with either, they are both equally as useless so why should the inflation rate matter. The inflation rate of my own shit is very low, i can only make so much per day and i will die someday does that make my shit valuable? no because its useless and any other persons shit is equally as useless

>> No.28193704

>>28190413
Bears like are based. Keep price lower so people have time to buy in for the inevitable space missions.

>> No.28193809
File: 2.94 MB, 1712x960, 1592440936116.png [View same] [iqdb] [saucenao] [google]
28193809

>>28193593
based tbqh

>> No.28193903

>>28190276
We all know a correction is coming, problem is when
I don't want to end up bagholding again, like 2018

>> No.28193984

>>28192149
We know, dude.

>> No.28194020

>>28191863
I'm afraid that if it crashes now it'll be so drastic that there won't even be a bottom.

>> No.28194089

>>28193689
They aren't fungible.

>> No.28194229

>>28194089
how is any one bitcoin different to another?

>> No.28194327

>>28193688
Kept quiet about it when Twitter wasn’t so prevalent to blab shit on kek

>> No.28194435

>>28190564
Thé squeeze has not been squoze xD

>> No.28194527
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28194527

>Tesla will never crash

>> No.28194565

>>28193177
anon inflation of the money supply and inflation of goods are different things. USD supply is up >20% yoy

>> No.28194692

>>28192014
It literally burst into flames, and the touchscreen malfunctioned, not something you want in a CAR THAT DRIVES ITSELF. You know your shit is broken when the Chinese ask "wtf bro why is it so low quality"

>> No.28194701

>>28190276
always post the fucking link stupid bitch

>> No.28194708

>>28193041
Anon, never underestimate dumb money. They're printing trillions of it and giving it to everyone.

>> No.28194796

>>28194692
I always just assume they want a bribe when they complain about something.

>> No.28195046

>>28190431
>more smarter
Anon, I

>> No.28195051

>>28194692
Where is this China Tesla fud coming from? Any link?
>>28190276
Didn't he also say ETFs are in a bubble?

>> No.28195122

>>28193688
Different point in his career, he's set for life now and can say and do pretty much whatever he wants. Also social media

>> No.28195177

>>28194527
wait so xrp really is 2k eoy?

>> No.28195207

>>28192346
And got salty about it so he tagged the SEC like a bitch

>> No.28195343

>>28194327
Also nobody really cared about his opinion back then.

>> No.28195436

$MSTR is up 10% today to $1150
$TSLA is down 1.5% today to $850
Why? I would have expected both to rocket upwards. Maybe different ratios of exposure to BTC? $TSLA's $1.5b buy is like $1.30 per share, after all.

>> No.28196657

>>28194089
>>28194229
the argument is that coins can be blacklisted
but that is bullshit bc it won't work
imagine some innocent trader buying blacklisted BTC from a DEX (stakenet, atomicdex etc.), he cannot know which BTC he will be getting, it's impossible that such blacklisting will be viable

>> No.28196749

Wonder if he knows much about crypto coz this worries me. I thiught we were in an everything bubble especially after normies on RBhood. Even my thick brother in law is getting into stocks.

But the covid crash was severe. I wondered if tht was the crash. Maybe not. Obviously crypto is in a bubble even if early stages. Doge doesnt moon that much if its not a bubble. The question is whether BTC wethers the crash or not. With all tue money printing, i’d expect btc to hold. Not its peak (400k?) but maybe it’ll just crashback down to 50k or something. Maybe it holds higher.
Curious what Burry knows about crypto or if hes a boomer on it. I wont disagree with him that we’re in an everything bubble though. Its just weird how we had a 5 minute crash with covid and its as if the bubble continued. Thats pretty unprecedented

>> No.28196941

>>28194701
>>28191882

Fucking boomers. Sorry you had to spend 3 seconds googling "michael burry dogecoin"

>> No.28197017

>>28190345
how is dirt different from gold?

>> No.28197145

>>28191101
Noooo not my $100 investment! I’ll be ruined :(

>> No.28198208

>>28197017
lmao are you really that stupid or just trolling?