/biz/ - Business & Finance

[Anonymous No.53263527]

Seriously what the fuck is going on with this sudden pump? It makes no sense especially with the recession and FTX scandal

[Anonymous No.53263540]

>>53263527
Recession is a midwit meme look at everyone that's calling for it

[Anonymous No.53263549]

>>53263527
It doesn't make sense so it makes perfect sense.

[Anonymous No.53263615]

>>53263527
Crypto follows the stock market.

[Anonymous No.53263619]

>markets have to make sense

[Anonymous No.53263654]

>>53263527
CZ has tens of billions of BUSD and USDT on the sidelines, what did you think was gonna happen once 90% of crypto twitter learned how to short?

[Anonymous No.53263658]

BTC was around 22k if I remember correctly before the FTX scandal. Now everyone's forgetting about it just like they forgot about every other black swan event before.

[Anonymous No.53263664]

>>53263527
Good question, I'm trying to figure out the same. For one moment, let's pull our heads out of our asses and look at the bigger picture. Gold has been fucking pumping like crazy for the past week or two, which has many implications and involves several catalysts. That's a whole nother post, but it is specifically an attack on the USD and china is behind a lot of the buying. So were potentially looking at a taiwan scenario just like the ukraine shit, within a year or so I would guess. Plus all the russia shit going on, the fed raised rates so quickly, and the CPI numbers have been coming down. So the markets are essentially trying to looking 6-12 months into the future. When inflation has come back down because everyone is fucked due to global recession, war, currency debasement. So the market is essentially pricing in additional QE, fed pivot; bitcoin can benefit from all that the same way gold has. If last year wasnt the biggest blowup year for crypto ever, btc would be much higher. Gold is only like 10% off ATHs, and that's historically been a pretty good financial bellwether, but this is just a drunken phone post but honestly we're gonna be fucked pretty hard here lads. For any neets or retards that read this whole thing, I'm telling you theres a good chance you only have another year or two to make it before everything goes to shit for like 10 years or whatever? Not sure, maybe look to the past 30 years of Japanese financial performance

[Anonymous No.53263793]

>>53263527
loss from one side has to go to the other. imagine only caring about crypto and then not knowing how finance works on even the most basic levels of understanding. joke. BANANA is the only truth.

[Anonymous No.53263932]

>>53263527
Crypto is driven by institutional investors now. They think the Fed is going to raise rates less than expected in 2023 - maybe not raise them at all - so they're risk-on.

[Anonymous No.53263956]

Another dead cat bounce

[Anonymous No.53264087]

the much needed bear market rally
nothing special really, the other posts are hyping you to distract from the fact just to make you fail to sell when the time comes
doom and hype posts are all shills

[Anonymous No.53264132]

>>53263527
So you missed it again: Bitcoin just finished its quadrennial bear market, you swore to yourself to buy the bottom and missed it. Again. Will you miss it again in 2026? You'll be another four years older and wiser at least.

[Anonymous No.53264149]

>>53263527
Stop thinking FTX had any impact whatsoever on the BTC price or the trading of BTC. It didn't. See: >>53262666

[Anonymous No.53264171]

>>53263527
>recession
He fell for the meme

[Anonymous No.53264184]

>>53263527
God blesses us

[Anonymous No.53264196]

>>53263615

No necessarily. Its more based on energy.

[Anonymous No.53264206]

>>53263549
this

[Anonymous No.53264234]

>>53264184
Friendly reminder that God (ᚷᛟᛞ) is the stolen name of Godan (ᚷᛟᛞᚨᚾ), one of Odin's names: https://archive.is/E8xG6

Jew missionaries originated the idea to steal the name of Godan in order to eradicate the native Germanic religion by tricking the Native European people into signing over their souls to the jewish god Yahweh (יהוה). Early Christian converts were told to use Godan's name (God: ᚷᛟᛞ), in order to supplant their Native religion with the new Judaic sect that worships Yahweh.

God is not Yahweh and Yahweh is not God. Yahweh's name (יהוה) isn't God (ᚷᛟᛞ). Godan is the only god whose name is God (ᚷᛟᛞ). Yahweh and Godan are two very different gods from two different continents. The Middle Eastern Yahweh (יהוה) is not a god of European origin, unlike Godan, who is. Neither is Godan the god of the Bible, the jewish god Yahweh is.

Godan/Goden (which is what the Lombards called him) comes from Wodan/Woden (which still today is Oden in Swedish), which is Odin. In proto-Germanic it's Wodanaz. In modern German it's Wotan. "D" and "T" are very close in many European languages, and the "d" in "Odin" is the Nordic letter ð (as in Óðinn) which is a mixture of "D" and "T". For D=T see also: archive.is/nck73 -- which is why it's Wotan in German, and hence why it's Gott instead of God (so Gott Mit Uns = Odin With Us).

Curiously when the name of the jew-god Yahweh is spoken in Japan, it sounds similar to "Yabē yo" (ヤベーよ) which means "it's bad/dangerous".

[Anonymous No.53265364]

>>53263527
I think it was binance's fault, but I don't have the context.
we better just buy as much as we can before we go back to 25k, I already have a fat xor bag ready in case there is another pump

[Anonymous No.53265601]

>>53263527
I don't know anything about how economics works, but wouldn't a recession and the US policy of "print more money lol" make people want to sell their USD for something better? I'm not sure crypto actually is better, but I'd imagine there's at least some interest in it. Probably not the only reason, but I don't really understand why people are saying that the economy being bad means that crypto prices have to be bad as well.

[Anonymous No.53265612]

>>53263527
Don't you see it yet? Fiat is worthless. It's scrip. It has no value. They print as much as they want and give it to themselves. At what point do traders simply stop desiring USD? Probably around the time the fools who control our world decide they'll have to raise the debt ceiling again. The market is starting to see through the illusion that is The Fed's power to control everything that goes on in the economy, domestically and globally.

Who would ever sell scarce currencies with inherent value right when the goblins are getting ready to spin up the debt printers once again? RIP if you're not already positioned for this. You're seeing the very beginning of a reserve currency collapse. Enjoy the ride

[Anonymous No.53265643]

>>53265612
You can't even touch scam coins. Wasted money.

[Anonymous No.53265665]

>>53265643
At what point could I ever touch the dollars I no longer hold in my bank account? Why wouldn't I do all my monthly spending on credit? Why would I ever want to hold scrip as a store of value?

[Anonymous No.53265879]

>>53265612
This. And don't forget to buy a little bit of physical gold and silver, Anons. Better to buy it and not need it than to lose everything when shit hits the fan. Worst case scenario you pass it along to your kids or other young people in your family,, which is a chance to mentor them on good personal finance.

[Anonymous No.53265950]

>>53263527
exit pump

[Anonymous No.53265967]

>>53263527
>especially with the recession and FTX scandal

the fact that midwit faggots like you are still parroting this NPC talking point tells me we have a LOT harder to pump

[Anonymous No.53266235]

>>53265879
Absolutely -- when I'm ready to start diversifying into other asset classes, PMs are first on the list. Same as all forms of real money, I feel a natural and instinctive desire to acquire gold and silver. Just need the liquidity from digital assets first, then will be moving at least some of portfolio into physicals.