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/biz/ - Business & Finance

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52525371 No.52525371 [Reply] [Original]

What if it doesn’t bottom?

The whole idea of a “bottom” is a price where you buy and it never goes below it. Basically an artifact of QE.

What if it just slowly trends to zero?

>> No.52525406

>>52525371
bottom signal

>> No.52525418

>>52525371
It won't go to zero because I would buy them all just to say I own them

>> No.52525429

>>52525418
Ok you bought, you’re out of money and it still goes down. Now what?

>> No.52525441

>>52525429
You don't understand. Before it went to zero, I would own all of them.

>> No.52525632

>>52525441
Ok you own every bitcoin. They are worth precisely how much someone is willing to pay for them.

>> No.52525664
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52525664

Stocks only go up after sell offs because they have dividends and earnings to look forward to. What does Bitcoin have? Just the meme and hype. It’s definitely plausible for it to never enter a bull trend again. Even silver took 30 years to recover after losing its bull trend, and silver is useful. What will keep the hope alive for Bitcoin in 20 years if it still hasn’t pumped?

>> No.52525709

>>52525664
Transacting bitcones with hookers and drug dealers who are too stupid to use Monero desu. Also I'd be too stupid to use Monero, desu.

>> No.52525746

>>52525709
Drug dealers irl use cash and Venmo (they don’t care). Also eventually both hookers and drugs will be fully legalized. So Monero’s only use would be CP.

>> No.52525862

>>52525746
I mean drug dealers who aren't literal niggers wit dey obamafones. Maybe you're right about the hookers and drugs, but how about assault weapons?

>> No.52527662

>>52525371
>what if politicians and bankers stopped inflating the money supply?
Unlikely

>> No.52527687

>>52525441
I’d join you
I’d buy them all just for nostalgia
>>52525664
>Stocks only go up after sell offs because they have dividends and earnings to look forward to
Stocks go up because fiat is being inflated at record pace
That money has to go somewhere
You idiots think banks can double the money supply every few years and prices of assets won’t increase long term?

>> No.52528084

>>52525664
why does the dollar go up?

>> No.52528150

>>52525371
You're correct 100%.

The world of finance is changing. Easy money at 0% rates for corporations is over. Money is going back to the "work for it" days of old. People saying they've never worked a day in their lives are in for a rude awakening. Good luck.

>> No.52528543
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52528543

Didn't read a single post ITT

SEX WITH ASUKA AAAAAAAAAAAAAAHHHHHHHHH SEX SEX SEX SEX ASUKA SEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEX I NEED ASUKAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.52530294

>>52528150
i hope this is true, i would like to have some real work to do.

>> No.52530311

>>52525371

Impossible

I present to you exhibit A - shitcoins.

People will always fight it out to be early no matter what the prize is.