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/biz/ - Business & Finance


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49683945 No.49683945 [Reply] [Original]

>> No.49684047

>>49683945
thank you bottom signal boomer

>> No.49684064

>>49683945
imagine listening this retard lmao

>> No.49684077

uhmm no if it collapsed by 70% then it can only fall another 30%

>> No.49684090

Okay then I'll buy it at $3000 and ride it all the way up in the next bubble.

>> No.49684120

>Person who has no experience with finance
>E-Celeb
>Feels the need to take advantage of the spotlight shone on crypto
Parasite should be hung in the street like the rest

>> No.49684151

By that logic it must dump from 3k to 800 and from 800 to 100 etc. to zero because muh leverage

>> No.49684160

>>49683945
Well Pete, then I would be a millionaire from shorts. Keep us posted.

>> No.49684187

>>49684077
this

>> No.49684206

>>49683945
Peter Schiff the guy who is forever wrong. Also he accepts crypto for gold; that should tell you everything.

>> No.49684225

>>49684151
you’re retarded!

>> No.49684226

>>49683945
I also believe the bottom is 3k.
I mean why not? btc doesn't even do anything in our society yet. goal posts keep moving to justify its insane value.

>> No.49684256

It's actually going to $500

>> No.49684290
File: 208 KB, 1000x668, 1596793714288.jpg [View same] [iqdb] [saucenao] [google]
49684290

>favorite Top signal boomer : Cramer
>favorite Bottom signal boomer : Schiff
Literally all you need to be a good trader is to follow those 2 kikes clowns.

>> No.49684326

>>49684256
It will just go to 0 if that happens.

>> No.49684429
File: 229 KB, 666x728, 4C74F580-97CE-4738-A47C-E09BAEFB2DD3.jpg [View same] [iqdb] [saucenao] [google]
49684429

>>49683945

>> No.49684556

>>49683945
lol, why would you listen to him? he's been wrong about everything, meanwhile i'm collecting a sweet 6.2% btc yield...

https://youtu.be/YaNXa4yLv-w?t=3103

>> No.49684672

>>49684326
>>49684151

biztards nailing it today

>> No.49684748

>>49684290
Kek, this.

>> No.49684828

>>49684077
>>49684187
Relative to the current price, retards

>> No.49684842

>>49684077
Came here to say this. It's basic math.
How can Peter Schiff be such a retard?

>> No.49684878

>>49683945
Let's say he stuffed a truth with a lie to make the latter pass as credible, nothing special nor new

>> No.49684947
File: 85 KB, 640x480, O.G.'d - Overgolded.jpg [View same] [iqdb] [saucenao] [google]
49684947

>>49683945
yeah, it's called a beautiful buy signal since BTC's recovery rate has been historically and consistently high. gold never dumps to the point where it's worth investing in over and over again unlike BTC. for the most part, you're stuck lugging your so-called precious metals that may be slightly worth more or less than the USD LMAO

>> No.49685021
File: 528 KB, 1895x1227, are you winning.png [View same] [iqdb] [saucenao] [google]
49685021

>>49684828
uhm okay if you're so smart then explain it.

Let me help you dumbass, I'm a math teacher.

Price goes down 70%
100 - 70 is 30.
Price can't go down anymore than 30% because that would be a negative number.

Fucking retard, please go back to school.

>> No.49685098

>>49684090
Same, just waiting for the dip to buy.

>> No.49685117

>>49683945
It can and has also randomly gone up 70% as well.

>> No.49685118

>>49685021
it's a sad state of affairs when a math teacher has to come onto biz to explain basic stuff
hopefully your students pay attention in class and never end up like the retards here

>> No.49685153

>>49685118
Thanks I will do my American students proud.

>> No.49685214

>>49685021
because the 30 is the new price, it can go down 70% from there, do you teach like kindergarten math?

>> No.49685232

>>49684077
this
people on twitter are so retarded

>> No.49685265

>>49685021
You're mentally retarded. 70% of $69,000 is $21,000. 30% of $6,000 is $1800. Math """teacher""", the absolute STATE of amerilards LOL

>> No.49685323

>>49685021
Yes, bitcoin is going negative.

>> No.49685335

>>49685021
Teacher doesnt understand the diff between percentages of a number and percentage points. Good lord, public education is truly fucked.

>> No.49685413

>>49685021
you teach in africa do you

>> No.49685462
File: 12 KB, 256x256, B2E3CE5E-B8A4-48F1-85EC-F38D6440FEC2.jpg [View same] [iqdb] [saucenao] [google]
49685462

I still refuse to believe Peter Schiff is against crypto. This guy knows too much about it, he could be the fucking CEO of an exchange. Seriously, I think he is just a clown and he is using his son to continue a crypto venture. (His son is in favor of crypto)

>> No.49685556

>>49685021
American education.
Kek

>> No.49685590

>>49683945
i think this idiot finally got tired of being wrong and decided to say something more accurate for a change

>> No.49685629
File: 36 KB, 626x350, 1653105015720.jpg [View same] [iqdb] [saucenao] [google]
49685629

>>49684077
checked

>> No.49685659
File: 566 KB, 453x766, kny.png [View same] [iqdb] [saucenao] [google]
49685659

>>49685214
>because the 30 is the new price
but it's not the new price.
holy fuck you are a dumbass
when something goes down 70%, it can only go down 30% more to make zero.

>>49685265
I think I'm going to listen to me and my degree rather than some random on 4channel.

>>49685335
Okay prove how it can go down more than 30%. You can't.

I won't be able to reply because I have some anime to watch so bye for now.

>> No.49685702

>>49683945
schiff is a faggot and so is every schiff fanboy. absolute gold jew cope.

>> No.49685711

>>49685659
>when something goes down 70%, it can only go down 30% more to make zero.
No. It would need to go down 100% to Zero.
How can one be so foolish?

>> No.49685736

>>49683945
he's actually improved a lot, before it was always going to zero, now suddenly it's going to $3k and it has price targets.

>> No.49685751

>>49685659
It's really easy to understand. I can't believe there are retards in this thread who can't understand grade school math. Keep up the good work fren.

>> No.49685776

12.5lk eoy it’s a realistic price.

>> No.49685896

>>49685776
yea I think that's pretty reasonable.
I've been in the $18k crew for a little more then a year at this point.
could it go lower then $10k? naw, I don't think it's possible.
could it go lower then $18k? I think it's plausible given it's more integrated into institutional investors and we're in a major recession.

>> No.49686130

>>49685896
if you think it can go lower than 18k, you have to accept that it will go below 10k
look at microstrategy, they have to put up btc as collateral the more they go upside down on their trade
and they're not the only ones in that position
what do you think the banks are going to do with any btc they get? they're going to unload it, probably at market prices, to minimize any time period losses
this cycle will result in banks receiving tremendous amounts of btc, which they'll flood the market with
under 5k by eoy is more likely than not

>> No.49686146

CAINS team trying to pull all the old tricks...

>> No.49686374

>>49685021
/Thread

>> No.49686408

>>49686130
>microstrategy banks unload at market blah blah blah
no, you're just overthinking it.
it's not likely to even touch 10k.
$18k is not a major support or anything, $20k is.
we'll probably be sitting around $17-$19k for a few years, but after breaking 18k, we might go as low as the $12.5k the other anon pulled out of his ass.

>> No.49686432

>>49683945
hmm cheapsies

>> No.49686462

I've been buying since the $3000s. Doesn't even scare me. I will continue to DCA. $1mil in inevitable in 5-10 years anyway.

>> No.49686527

>>49685021
Based retard

>> No.49686972

>>49685659
It's a sequential percentage change, how is it wrong, seriously?

>> No.49687280

>>49684077
T-this is bait, r-right?

>> No.49687327

>>49683945
100% positive this will dump further to 3K but not with some big hopium bear rallies because biz is a great way to asses the levels of retardation in the market

>> No.49687395

>>49684077
>>49687280

Depends what your reference is. If you put say $10k in at $60k, then at $20k you're down 67%, if it went to $0 then you'd still only lose another 33% of your initial. Its if you put more money in now, if you put another $10k in, then if it went to $7k or w/e you'd lose another 67%.

>> No.49687562

>>49684077
>another 70%

as in it could fall 70% from 21k. is this bait? you can't be that retarded

>> No.49687754
File: 18 KB, 346x346, Peter-Schiff.jpg [View same] [iqdb] [saucenao] [google]
49687754

>>49683945
when you want to see cryptards seethe uncontrollably just show them a picture of this man

>> No.49688172
File: 69 KB, 508x456, 1638793799788.jpg [View same] [iqdb] [saucenao] [google]
49688172

>>49683945

>> No.49688198

>>49687280
some dumbass on twitter said something like this unironically and it became a meme

>> No.49688199

>>49687562
It's entirely possible. If 20K breaks we're heading to 6-8K

>> No.49688588
File: 399 KB, 1080x1250, IMG_20220616_052703.jpg [View same] [iqdb] [saucenao] [google]
49688588

He's just butthurt he lost his seedphrase

>> No.49688643

well now I know it definitely wont happen because faggot boomer schiff is always wrong lmao
so DEFINITELY wont fall to 6k.

>> No.49688733

>>49688588
Thought so, I doubt its gonna drop very hard.

>> No.49688948

>>49683945
I don't take peter schiff seriously,
Hey guys, what's your take on the AET 40% off trading fees? Looks MASSIVE RIGHT?

>> No.49688967

>>49683945
>schiff

>> No.49689132

>>49688948
Looks great, a soft landing for crypto spot traders, I would be registering for the AEX asap!..

>> No.49689489

Based Peter. He 100% deserves to be smug at this point after years of cryptotards gloating about buying into a bubble

>> No.49689588

>>49683945
He's just right you know. Thats why I sold everything at $20206
If the market recovers ill buy back in at 150k

>> No.49689642

>>49683945
Ok Mr.Uganda

>> No.49689692

>>49684077
bait

>> No.49689766
File: 133 KB, 1242x869, FI6eNx_WUAMdUvN.jpg [View same] [iqdb] [saucenao] [google]
49689766

>>49684077
Checked and based we can only fall 30% from here so I'm only ever going to lose 30%. It's stupid not to buy

>> No.49690795

>>49683945
We are slowly unwinding this inflation going back to pre-lockdown prices. By EOY we will be back at 3k btc and $90 eth.

>> No.49691326

>>49690795
Highly unlikely but my God I wish that were so. I will load up if that happens.

>> No.49691349
File: 29 KB, 482x800, bretty.gif [View same] [iqdb] [saucenao] [google]
49691349

>>49684077
lmao

>> No.49691364

>>49685021
>I'm a math teacher
I feel sorry for the retarded kids you're teaching.

>> No.49691372
File: 32 KB, 600x450, thatsthejoke (1).jpg [View same] [iqdb] [saucenao] [google]
49691372

>>49685118
I read it as he is joking.

>> No.49691374

>>49683945
Reminds me of the jew running away meme
(100$? What do you mean 50$ etc etc)

>> No.49691459

>>49684828
>>49687280
>>49687395
>>49687562
>>49689692
NEWFAGS KYS

>> No.49691461

>>49685659
Holy shit american education is fucked. What you said makes sense but this is obviously a matter of interpretation, which is the actual utility in doing math like this.

>> No.49691463

>>49684947
Bought at $1700 AUD/oz, sitting on $2600AUD/oz. Don't care about the USD since it'll go to 0 anyway.

>> No.49691464

A man will think three times before parting with his gold

>> No.49691497

>>49684090
Why so fixated on Bitcoin why not make some real money in the real world

>> No.49691526

>>49684206
Hahaahhahahaha

>> No.49691551

>>49685335
You’ve been trolled by bait, idiot

>> No.49691554

>>49685021
The amount of reddit pseud newfags baited by this is extremely telling, I think we still got 30% more to go until the bottom

>> No.49691555

>>49683945
People who bought gold during the last ath spent the next 11 years in the red.

>> No.49691682

Holy hell, this thread reeks of retardation it's almost uncomfortable