/biz/ - Business & Finance

[Anonymous No.52908717]

They did it.

[Anonymous No.52908732]

>>52908717
captchacoin is the only thing that will save us.

[Anonymous No.52908742]

>>52908717
Crypto is anti-fragile

[Anonymous No.52909110]

they didn't tame shit, they tried to use their futures bullshit to control the price but they can't since the amount of bitcoin available in the markets is like 1 million at best, so most of it is in cold wallets and never moves.

[Anonymous No.52909259]

>>52909110
They give us cheapies

[Anonymous No.52909751]

>>52909110
You brain dead retard

ETFs allow paper contracts, they can short 10 million BTC in a single day. Get a grip on reality Bitcoin is just following boomer markets now

[Anonymous No.52910555]

>>52908717
they got nothing. filthy kikes got their ass handed to them by CZ.

[Anonymous No.52910562]

>>52908742
>>52909110
>>52909259
>>52910555
pitiful cope

[Anonymous No.52910632]

>>52910555
>le based CZ is on our side
Go back

[Anonymous No.52910882]

>>52910632
>right before a 150% mini bull run
nice

[Anonymous No.52910950]

>>52909751
>highly limited supply
>just create paper version of it to completely undermine its entire point
>somehow this affects the price of the totally limited real thing
why is the world so retarded?

[Anonymous No.52911300]

>>52909751
this, there is no way they would let bitcoin exist if they couldn't manipulate its price, just like with paper gold, especially in big inflation times like now and besides that, exchanges are selling more bitcoins than they have

>>52910950
because people are retarded and don't withdraw their coins fom exchanges, a proper bank run would expose this

[Anonymous No.52911509]

>>52908717
no they didn’t. we’re in the middle of bitcoin’s bear cycle which ends in september 2024. 2025 the tourists return. been like this since the beginning.

[Anonymous No.52911542]

>>52910950
because money isnt real and never was

[Anonymous No.52911560]

>>52911509
>what are diminishing returns
ladies and gentlemen the IQ of cryptotards

[Anonymous No.52911579]

>>52908717
they didnt though. even with locking down the entire world using the flu as an excuse to reduce money velocity. they only delayed the inevitable.

[Anonymous No.52911599]

>>52911560
kek, you can't have diminishing returns and still regress 80%, this is unironically uncharted territory for BTC and crypto

[Anonymous No.52911952]

>>52908717
This nigga will die in no time either way, 1-1 your move old fart

[Anonymous No.52912259]

>>52908717
For those who don't know:
Bildlerberg (aka the kikes) owns blockstream/greg/btc.
BSV is a threat to that model.
Do what you will with that information.

[Anonymous No.52912289]

>>52911560
It’s over

[Anonymous No.52913313]

>>52910632
kike

[Anonymous No.52914388]

>>52908732
>>52909259
kek
>>52908742
10 billion $ to 51% it

[Anonymous No.52915313]

>>52908717
They gonna create a stable coin without poles having to burry truckloads of Benjamin hostage money?

[Anonymous No.52915353]

>>52911300
>there is no way they would let bitcoin exist if they couldn't manipulate its price
"they" are unable to stop some things from existing. for example its not possible to trade cocaine or heroin futures. those prices are set by the free market.

[Anonymous No.52915421]

In a hyperbitcoinized future, the rich will be living the anarcho-capitalist dream btc promises, and the poor will be living under a cdbc nightmare. This is because btc doesn’t scale, and in a world where billions of people use it, only 1% of the global population will be able to afford the $1000+ transaction fee to gain access to the limited block space. The rest of the world will be stuck with a custodial solution like paypal. They’ll get money taken out of their account for “spreading misinformation.”
The btc maximalist response to this is muh lightning network. But it cannot scale, for two reasons. First, because it depends on btc blockchain transactions, and those are extremely scarce. The waiting list to get your channel-opening transaction included in a block will be decades long. But even assuming that were surmountable, the lightning network also can’t scale because of routing. The only way to send a transaction to someone you don’t have a channel with is to have a map of the entire network so you can find a path through other channels to them. This means your little smartphone would need to keep a map of billions of nodes with tens of billions of channels open between them and keep an updated account of the balance in every single channel, which gets updated a million times a second. In the same way an ordinary user can’t run a btc node if the block size is too large, an ordinary user can’t run a lightning node if the lightning network is too large.
This won’t kill btc. This is exactly the kind of thing the wealthy elite want. A cdbc for you. An open, decentralized, censorship-free, seizure-resistant, deflationary, cypherpunk money for them.
It will go to a quadrillion dollar market cap. It will replace debt as the number one thing institutions hold in reserve. It will become the global reserve currency. And it won’t scale.
Better do literally whatever it takes to get yourself as much btc as possible, right now.

[Anonymous No.52915436]

Their only method to tame is by literally strangling the world economy lmao

[Anonymous No.52915441]

cant wait to watch all shitcoins go to zero. when you faggots are broke starving soon and walmart doesn't accept bitcoin, youll finally sell that POS.

[Anonymous No.52916868]

>>52909751
I think they'll fail to control it what with how easy it is to remove BTC from exchanges. You could argue they're about to lose the battle next year with controlling Silver, so I can't see their paper shorting doing enough to fight against inflation, a halving, and the collapse of fiat. They can't fight on all fronts to prevent the flight from currency to precious metals and crypto over the next decade.

[Anonymous No.52916944]

>>52908717
back in 2017
with the money printer in mind, btc flows around 7500 2017 ear dollars

[Anonymous No.52916970]

>>52910950
now you know what the metal boomers have been dealing with for 40 years

[Anonymous No.52917034]

>>52915353
>its not possible to trade cocaine or heroin futures
technically they are already traded through future contract, but sellers and buyers expect deliveries, and it usually isnt settled by brokers, though sometimes stuff breaks

[Anonymous No.52917052]

>>52909751
>they can short 10 million BTC in a single day
you don't really understand open interest and how many futures positions are open LMAO
you are a turbo retard

[Anonymous No.52917062]

>>52909751
here's a read for you
https://www.investopedia.com/terms/o/openinterest.asp
now go do your homework, little timmy fag

[Anonymous No.52917078]

>>52909751
>price goes up
>cme is insolvent cause cannot print BTC out of thin air
I mean they are jewish scammers but not as dumb as SBF

[Anonymous No.52917119]

>>52917078
does cme actually deliver btc ? i think its just cash

[Anonymous No.52918407]

>>52915421
>You sound like a fag and your shit's all retarded
L2 backed by BTC proof of reserves.

[Anonymous No.52918461]

>>52918407
>proof of reserves
That’s what I said in my post: custody. That also means not your keys not your coins.

[Anonymous No.52918628]

>>52918461
>L2
>How do they work?
First day in crypto?

[Anonymous No.52918658]

>>52918628
my whole post was about how the lightning network is vaporware. your coinbase visa credit card will be your L2. if you want your L2 to be decentralized, trustless, etc see pic related

[Anonymous No.52918774]

>>52918658
>Understanding L2 is hard
I know right?

[Anonymous No.52918839]

>>52918774
in three posts you’ve said zero things. why waste your time. i’m done.

[Anonymous No.52919626]

>>52910950
There’s one retard in there and it’s definitely not the ones making millions. Hint: (it’s you)

[Anonymous No.52919998]

>>52908717
>>52909751
Im convinced you are paid by them to convince us of this bullshit

[Anonymous No.52920174]

With the Futures ETFs *they* can short btc using only usd, and we all know that they have unlimited usd avaliable, as they control the printers. And that's why they never approved any Spot ETF.

They go for full measures to defend the usd. In this specific case, millions of chuds lost money with crypto, and that was it, nothing too bad. In other occasions they created entire wars, killing hundreds of thousands of people, just to defend the usd. So we should be glad that in the end we only lost our money, not our lives.