[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 325 KB, 814x792, knee_bent.png [View same] [iqdb] [saucenao] [google]
29997331 No.29997331 [Reply] [Original]

>Shark Tank's Kevin O'Leary Reverses Stance on Bitcoin, Says Crypto Is Here to Stay, Invests 3% of His Portfolio
https://news.bitcoin.com/shark-tanks-kevin-oleary-bitcoin-cryptocurrencies-here-to-stay-invests-portfolio/

Another "skeptic" has bent the knee.

>> No.29997443

>>29997331
he needs a few 10x's to pay for his yacht accident.

>> No.29997682

>>29997331

Is this because they can use paper losses to offset profits despite not actually selling for a loss? It was one real why Tesla put a fraction of their reserves in it.

>> No.29997700
File: 17 KB, 337x372, 1607470229115.jpg [View same] [iqdb] [saucenao] [google]
29997700

>>29997331
>the 1% are fomoing in at the top
what the fuck is happening

>> No.29997756

>>29997700
Its the bottom you nigger

>> No.29997781

>>29997700
We're not at the top. How hard is that to understand

>> No.29997825
File: 15 KB, 322x322, 1585687055186.jpg [View same] [iqdb] [saucenao] [google]
29997825

>>29997756
>>29997781
but I'm not ready to be rich yet

>> No.29998079

>They've only just realized that the new ta rules for trading crypto allow big corporations to write off unrealized losses on paper on their taxes but also allows them to selectively sell when the market is high for profit

I find it funny when /biz/ applauds and endorses the inevitable legalization of company scrip because they think they'll get rich trading in it, but that's a very black kind of humor.

>> No.29998187

>>29997825
You have five years, don't worry about it. 1% doesn't pump when they buy

>> No.29999039

>>29997825
You are going to make it whether you are ready or not. So man up and prepare for the fleeting happiness while it lasts.

>> No.29999285
File: 23 KB, 400x400, 1611151197685.jpg [View same] [iqdb] [saucenao] [google]
29999285

>>29997825
See you on the yacht, King.

>> No.30000877

>>29997331
Major sell sign

>> No.30001064

>>29997443
No need. Bitcoins only worth anything because wallstreet pumped in billions, I guess Kevin is late to the party but they'll short the coin before cashing out (before global collapse)

>> No.30001227

>>30000877
This. Boomers that can barely use a cell phone fomoing in is a sign of the top.

>> No.30001374

once again, more bitcoin hype, and it keeps detaching itself from the embarrassing swarms of altcoins