/biz/ - Business & Finance

[Anonymous No.55565208]

So is this just a $30k stablecoin or what?
Seems like it's been between $28k and $32k forever now. Shall we just call it in the middle?

[Anonymous No.55565233]

>>55565208
TAMED until you die

[Anonymous No.55565324]

shut up fag this bear cycle is childsplay compared to the shitshow of early 2020
count yourself lucky this bear cycle didn't go that low again

[Anonymous No.55565461]

>>55565208
It's going to dump back down to the low 20's and stay down there for about a year before climbing back up to 60k next year some time. It will reach a new ATH of like 80-90k in 2025. Don't expect more than that. Bitcoin will never have a market cap on the same order of magnitude as gold.

[Anonymous No.55565577]

You don't know it now but the Treasury will sell bonds to the Fed and buy bitcoin. This will devalue dollar debt and move the US financial system out of the 19th century into the digital age.

[Anonymous No.55565628]

>>55565577
>The US government is going to give uptheir economic sovereignty to Bitcoin.
Yeah fucking right.

[ESL Detector No.55565631]

>>55565461
>Bitcoin will never
He no longer believes... Is there a better Disbelief symbol than this midwit here? We're all gonna make it bros.

[Anonymous No.55565896]

>>55565577
This doesn't make any sense. The only reason the US can spend the way it does it because they are able to constantly devalue their own currency and retain centralised control over it. The US could not function even on a gold standard, let alone bitcoin.

[Anonymous No.55565929]

time to move to a better project before it does the big overdue correction!

[Anonymous No.55565970]

>>55565208
The older you get the faster time goes.
You are just new

[Anonymous No.55566137]

>>55565628
They have to, it isn't a choice. Bitcoin is the new monetary unit of account and the dollar will be pegged to it.

[Anonymous No.55566244]

>>55566137
Turbocope based on the wet dreams of an over invested bagholder. Every country will implement a CBDC before that ever happens. Do you honestly think these bastards are just going to hand over their absolute power? Not to say BTC and crypto as a whole won't remain important for us plebs but get fucking real.

[Anonymous No.55566266]

>>55566244
it's already happen
it too late now
too late
the time for talking is over
now is the time of bitcoin with political overtones

[Anonymous No.55566328]

>>55566266
they will never do that, while they cant control it.
thats why they constructing their own shitcoins with expiration dates and shiet.
>EMs like AU/AG cant be manipulated in the real world.

[Anonymous No.55566412]

>>55566328

nobody will take their shitcoin due to inflation and weakening global power, Bitcoin is the only future the jewnited states have

[Anonymous No.55566755]

>>55565208
I guess we are better off than before?
I mean, it's still good for me for everything I have in SORA, but I still can't stay calm
just move, just a little bit please

[Anonymous No.55566951]

>>55565577
They ain't giving up control not now and not soon. We should just hope for some crypto regulations and then worry about compliance, There is NexeraID and there is PolygonID to help out.

[Anonymous No.55567336]

said the same thing about 10k in 2020

the longer it stays in this range, the more likely a rich guy will think its worth the risk of putting 1% of his port into bitcoin

[Anonymous No.55567391]

The average consumer should be able to use a stablecoin like cash, not having to worry about their money wildly jumping in value.

BTC still swings up and down in value 15% month to month.

[Anonymous No.55568533]

>>55567391
I used it for yields and I think that is ok for now IMO. SpoolFi has been feeding me with some good yields across Aave, Compound, and Curve.

[Anonymous No.55568546]

>>55565208
when people start calling btc a stablecoin is when it is very close to not being a stablecoin

low vol begets high vol