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/biz/ - Business & Finance

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4817875 No.4817875 [Reply] [Original]

>> No.4817905

>>4817875
yes, absolutely
>implying he isn't absolutely right

>> No.4817908

He's a crook at minimum, ask Maxcoin and Startcoin bagholders how they're doing.

>> No.4817915

if you listen to his show he memes a lot, exactly like this, only take his posts half seriously.

>> No.4817920
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4817920

>>4817875
>mfw 25% of my assets are already diversified between cryptos and i plan to add more

>> No.4817922

Yes. He thinks BCH is a scam.

>> No.4817950

>>4817922
but it is?

>> No.4817962

I've been wondering about this for a while.
>Thousands of people, if not millions, become extremely wealthy because of Bitcoin
>All try to cash out
>Banks run out of money
Is it actually possible? How could the banks run out of money if you sell bitcoin for fiat on an exchange and the exchange sends the fiat to the bank? Or is that not how it works?

>> No.4817966

Complete autism.

>> No.4818030

>>4817962
look up fractional reserve banking

banks won't run out of money, central banks will just print more if they need to, in turn leading to greater inflation and increased BTC value

although mr keiser is sensationalising

>> No.4818101
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4818101

>>4818030
>in turn leading to greater inflation and increased BTC value
and round, and round it goes :D :D :D

>> No.4818109

>>4817962
Other way around. If everyone tried to withdraw their cash the whole financial system would implode.

>> No.4818133
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4818133

literally buy my bags the tweet

>> No.4818238

"New paradigm!"

>> No.4818694

>>4817920
wow I would be shitting bricks if I were you I have ~2% of my net worth in crypto and I wonder if it's too much

>> No.4819270

>>4818694
I literally have over 80% of my net worth in crypto, so you're probably good

>> No.4819318

>>4819270
you are retarded

>> No.4819347

>>4819270
You know, you cant cash out

>> No.4819407

>>4819318
Does that matter when I'm also rich?
>>4819347
>Wanting to cash out valuable crypto into a garbage currency like USD
kys

>> No.4820236

>>4818694
Grow some balls, I'm literally living paycheck to paycheck, just getting by while I have over 10k in crypto from a starting stack of 3k. Cashed out 2k already as well.

>> No.4821483

>>4819407
>Does that matter when I'm also rich?
yes actually. a bugs and his carrots are soon departed

>> No.4821675

>>4817875
he's completely deluded.

>>4819270
makes you extremely vulnerable to no longer being rich anymore.

>>4820236
pretty much the same situation. makes me shit bricks.

>> No.4821704

I like Keiser. He was shilling Bitcoin back when it was only $100. Wish I listened. Would I have sold at $1000? Yeah, probably, but I would have made more money than I did gambling on alts.

>> No.4821716

>>4817875
I still fucking hate him for shilling Quark

>> No.4821750

>>4817950
No, it's a currency that costs 1 cent to send a payment anywhere in the world with no centralized permission

>> No.4821771
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4821771

>>4819407
You'll actually kys when the actual killing blow comes

>> No.4821878

>>4819318
i have 100% of my money in crypto

>> No.4822017

>>4817908
>buying these fucking literal shitcoins

>> No.4822050

we would all shit diamonds if this happened.

>> No.4822087

>>4817875
Nice, just bought 100K BBH. Most comfi coin I've ever hedl.