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/biz/ - Business & Finance

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29487200 No.29487200 [Reply] [Original]

Holy fuck what's going on? Shouldn't this guy be happy the Bitcoin price goes down? Why is he throwing such a tantrum?

>> No.29487294

hes secretly balls deep in bitcoin. his son likes bitcoin, his website takes bitcoin. i guarantee you he's had at least a bit of bitcoin for years.

>> No.29487342

>>29487200
look at that face, it is a jewish face

>> No.29487410

@michael_saylor
just admitted that #Bitcoin is not a currency for spending, it's only for saving. His comment is the equivalent of the classic expression used to describe bubbles,"these sardines are for trading not for eating." A currency that can't be used has no value.
>go to walmart
"Uhhh Ms. Shaniqua, does this register take gold? or perhaps silver? w-what about palladium? Oh ok I guess ill just leave my groceries here... th-thanks"

>> No.29487509

>>29487294
I believe that. It looks like he's trying to intentionally create a shitstorm and purposely makes himself look like an idiot so people buy the falling knife

>> No.29487514

LOOK AT ME, LOOK I WAS RIGHT ALL THE TIME, LOOK LOOK LOOK LOOK I PREDICTED EVERY CRASH LOOK LOOK HOW SMART I AM

>> No.29487530

>>29487200
everything he does is cope. ignore him

>> No.29487595

>>29487410
apart from gold has a million and one uses and has been money for thousands of years with the only exception being the last 50. bitcoin on the other hand has no use and is too expensive and slow to even send

>> No.29487697

>>29487514
It doesn't look like he's celebrating though. It rather looks like he's panicking. I think >>29487294 is right

>> No.29487708

>>29487200
musk, schiff, ADA guy, ... can't we just ignore these fags?

>> No.29487850

>>29487200
He was in by a good amount

>> No.29487876
File: 502 KB, 1080x1827, IMG_20210223_174229.png [View same] [iqdb] [saucenao] [google]
29487876

What the fuck is this conversation even

>> No.29487922

>>29487876
lmao he put the eggplant in his name
not mad at all

>> No.29487979

>>29487200
>Underperform holding cash with your fund that literally just buys gold
>Somehow lose money investing in gold
>Also somehow lose money on the btc you accepted for gold on your website
Kek, you literally can't make this up

>> No.29487982

>>29487595
> has been money for thousands of years
I love the idea of a currency backed by Gold too, but assuming society doesn't completely crumble, it seems inevitable that humanity will mine an asteroid in the relatively near future.
Just one small asteroid might completely change the supply of precious metals on Earth overnight and make Gold a bad bet.

>> No.29488053

>>29487200
Take a good look /biz/. This is what happens when you trade on muh fundamentals. Literally nobody gives a shit what bitcoin does or how it's used. Nobody cares whether or not it's a store of value. People want it and they fucking buy it. End of story.

>> No.29488132
File: 20 KB, 342x480, soyjak-neckbeard.jpg [View same] [iqdb] [saucenao] [google]
29488132

>market will crash tomorrow
>nothing happens
>market will crash tomorrow
>nothing happens
>market will crash tomorrow
>nothing happens
>market will crash tomorrow
>nothing happens
>market will crash tomorrow
>nothing happens
>market will crash tomorrow
>market crashes
guys omg i'm a genius

>> No.29488162

>>29488053
If he was trading on fundamentals he would have been buying silver not gold. He's trading with 90% emotion

>> No.29488536
File: 133 KB, 300x286, laugh.png [View same] [iqdb] [saucenao] [google]
29488536

>>29487982

>> No.29488629

>>29487595
im well aware, i just think it's dumb to make fun of bitcoin for peoples desires to only accumulate it and never spend it because that's what people do with gold too. no one really spends gold as every day money.

>> No.29488725
File: 1.80 MB, 2018x2600, stock.png [View same] [iqdb] [saucenao] [google]
29488725

>>29487294
>Buying Bitcoin when you could buy BHS

>> No.29488898

>>29487876
>put the eggplant in his tag

never thought id say it with schiff but holy fucking based

>> No.29489109
File: 111 KB, 493x377, bitcoin more like buttcorn.png [View same] [iqdb] [saucenao] [google]
29489109

>>29488898
he's been based all along

>> No.29489146

>>29488898
Ya this was also the most based thing I've seen him do. Sucks that the shiff indicator is moving into sell signal territory though

>> No.29489160

>>29487876
Kek based. Elongated musk shill btfo.

>> No.29489162

>>29487982
That's a really good point. And what about when they genetically modify humans to shit gold. Imagine what happens when everyone defecates gold and tries to pay for things. Just gold nuggets exiting everyone's anus. Big gold nuggets, maybe a little corn tucked in between. That would surely drive the price down as well.

>> No.29489396

>>29489162
Except weve already landed on astroids and brought material back. I haven't heard of any groundbreaking anal gold extraction proofs of concept.

With that being said though, asteroids would most likely be iron/nickel/zinc/etc rather than gold. There's a higher chance of them containing diamonds (carbon) than gold

>> No.29489399

>>29487876
rent free

>> No.29489466

>>29487200
jews are schizophrenic, so this is normal behavior from them.

>> No.29489553

>>29487595
>gold has a million and one uses
i'll give you ten bucks per kilo for all of those. You have to delusional to think that practical application of gold would warrant the price it currently is at

>> No.29489605

>>29487294
He lost his bitcoins in a boating accident, i am not even kidding.

>> No.29489613

>>29487200
Bad trip huh? Not a pretty thing.

>> No.29489727

>>29487342
mmhmm the nose is always hungry for more

>> No.29489742

>>29487294
\thread
his son literally shills bitcoin, schiff is long gold and btc, he might had fomo'd some alts or just butthurt from losing quite some gains

>> No.29489821

>>29487876
These are not only adults, but major Western industry players.

>> No.29490032

>>29489821
Fucking kek. I'm starting to get used to this clown world thing

>> No.29490239

>>29488629
only because its massively undervalued now and will be money again soon, not because it only goes up. once its money again it will be money.

>> No.29490361

>>29489553
then why is it at that price and historically has been the most desirable and liquid commodity

>> No.29490389

Day of reckoning for the crypto fags is coming. I can't wait for his 'I told you so' episodes. Serious I genuinely can't wait. He needs to start taking selfies with his vast amount of gold bricks.

>> No.29490516

>>29487200
reminder that this guy's trading underperforms the US dollar
literally more profitable to stuff cash under your mattress than listen to anything he says

>> No.29490634

>>29487514

He's admitted he was wrong about calling for hyperinflation to have already occurred years ago, his reputation is not imperfect.

>> No.29490717

>>29487200
everyone fuds their own coin, we fucking wish we could shitpost at the epic levels PS is capiable of

>> No.29490818

>>29487200
BSV is the real bitcoin anyways.

>> No.29490893

>>29490818
Fucking kek. Nice one m8

>> No.29491052

>>29487200
bros why did he put an eggplant emoji in his name?

>> No.29491138

>>29487200
I'm secretly gay and I would unironically suck him off. I have a thing for German daddies.

>> No.29491236
File: 9 KB, 320x180, 37A891E3-90A6-4F94-A6FD-8E2A4F063D0E.jpg [View same] [iqdb] [saucenao] [google]
29491236

>>29487876
Schiff is literally behaving like pic related here lmao

>> No.29491373

>>29491138
old rich white dudes make me so fucking horney

>> No.29491517

>>29491373
That's what I'm talking about. There's nothing better than sucking off a suited white daddy.

>> No.29491647

>>29487876
Wtf is this clown world we live in

>> No.29491675

>>29487200
>>29487200
he is an npc and part of our simulation

>> No.29492132

>>29491138
>>29491373
>>29491517
Unironically remain gay, it’s for the best that you don’t reproduce and pass on your genes.

>> No.29492227

>>29491517
>>29491373
race & gender ? pls don't lie and say female

>> No.29492693

>>29492132

I'm a 22 y.o. white gay man for mature daddies.

>> No.29492865

>>29487200
Probably because gold still isn't moving lmaooo