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/biz/ - Business & Finance

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647213 No.647213 [Reply] [Original]

What's cheap at the moment?

>> No.647218

>>647213
Cocks, you can suck one and pay negative $10

>> No.647219

>>647213

Something with lots of supply.

>> No.647427

your mum lol

>> No.647454
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647454

>>647213
your sister

>> No.648443

Not that this board cares, but bitcoin sub $200 is a good deal.

>> No.648446

>>647213
Bonds. TLT and the 10 year are reaching lows and a resistance point.

>> No.648449

>>648443
Will be sub $50 and then $0 sooner or later

>> No.648458

>>647213
QQQ

>> No.648462
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648462

>>648458
You're an idiot.

>> No.648464

>>648462
Its not the top you faggot
Learn2market

>> No.648478

>>648464
Are you fucking 18? the nqcomp is only supported right now by apple and netflix. Once apple loses this Carl Icahn steam it is going to go down and when that happens, q's are going straight down with it.
Do you know how to do analysis? Draw a line across the tops of all of those. It is called a resistance line. If q's break it, they are going to have such a high volatility that you would be stupid to throw money into it.

When there are 42,000 stocks trading today, why would you risk it with one that is over inflatedbecause of apple? Are you buying apple too?

>> No.648483

>>648449
Who is going to sell for $0?

I can't wait to buy them all for free

>> No.648486

>>647213
Oil. I'd recommend investing no less than half of your savings in oil related shit.

>> No.648509

Bitcoin.

Also oil of course.

>> No.648511

Tesco

>> No.648621

>>647213
Greek bonds

>> No.648646

>>648483
You can just start a company for 0.

>> No.648963
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648963

>>648646

>> No.649182

>>648449
Yeah, you are just as autistic as the idiots calling for $10k bitcoins.

You are the same idiot who has been saying not to buy at $15 because the last top was $32.

The buying pressure near $50-100 is ridiculous. Everyone and their grandma are waiting to buy bitcoin for that price because they all think it will bounce back. Unless bitcoin has something practically wrong with it, or a real competitor emerges, it will continue to be a new asset class.

It's fine if you think bitcoin will fail but the tech is here to stay. But what do you think will replace it faggot? Just tell me what will practically replace it and I will acquiesce. If you say the tech is worthless, you have just invalidated yourself as a rational anon and it's not even worth talking to you.

>Cars will never replace horses!
>People were never meant to fly!
>V8 engines are impossible!
>Home computers will never take off!
etc.

>>648483
Fuck that, I'll buy all of them before you for $0.0001 each.

>>648646
What in the fuck does this mean?

>> No.649202
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649202

>>649182
>he thinks everyone wants bitcoin for $100, while 99% of people wouldn't touch that kind of funny internet money with a pole, or even wouldn't know how to buy it, or what to do with it

What will replace bitcoin? Hmm... let me guess... actual money used by actual people on normal websites that won't disappear with all your money?

>"a new asset class"

For retarded neckbeards who just love losing money, yes. I don't see HSBC or Goldman Sachs investing in bitcoin lately.

>> No.649275

>>649202
Because normal money can be transacted on the darknet with no issues? And normal money can cross borders in seconds in and out of the most hostile countries in the world? There are at least a dozen functions of bitcoin which are completely impossible for the current financial system to handle or they refuse to handle.

There are plenty of larger players trying to steal it's lunch money by copying it in some form. It's only a matter of time before it gets improved upon or it becomes a dominant technology. (matter of time == ~25-100 years)

>99% of people wouldn't touch that kind of funny Internet money
Interesting how the 1% of specluators managed to take it to $1k+ without the other 99%. Guess their money doesn't count. I guess the 1% are totally powerless and have no money. Only the 99% own the majority of the worlds wealth.

Oh wait...

Plenty of people make money with bitcoin, just not you apparently. Money is money, don't get all butthurt when you can't play the game with rest of us.

>on normal websites
Bitcoin isn't a website you mongoloid.

>I don't see HSBC or Goldman Sachs investing in bitcoin lately.
Now you are just trolling, you literally just told us the 1% was meaningless. I could give a fuck if it pulls a magical unicorn $10k+ valuation out of its ass. When those players show up to the bitcoin the party will be way over. I suppose you buy all your stocks when they are at the ATH too?

>640K of memory should be enough for anybody...

Or you could just short it like any other tech you don't believe in. I would love to see a screen shot of you shorting bitcoin sub $200. kek

>> No.649279

>>647213
Your mother and sister

>> No.649306

>>649275
bitcoin is a fad. for every transition from horse and buggy to the automobile, there are ten innovations that didn't take. think about how laser disc or HD DVD was speculated on but never developed and surpassed by different standards. i mean, it's possible that bitcoin could be used as a storage of value, but i don't see it being likely. bitcoin isn't growing user base at a spectacular rate and currency that doesn't circulate is worthless. fact of the matter is, if you think of bitcoin as a storage of value, gold is better. gold has access to global market share so it's accessible, it can be converted into any sovereign currency and while it is diluted with new addition to gold stores, gold is also consumed in electronics/manufacturing/etc. or kept out of circulation via storage so the value of gold isn't in danger of rapid devaluation even if new gold is added every year

>> No.649333

>>648478
welp

>> No.649356

>>649275
Bitcoin is helpful in illegal transactions, that's its only strength. Makes a shady, dreadful asset class for institutional investors.

All the investors that count (banks, investment management corporations, ultra high net worth individuals) almost all stay the fuck away from bitcoin. Irrelevant nerds love it, though, and some made good money with bitcoin... having "invested" in 2011 or 2009.

Nowadays, people lose money with your fabulous asset class. It went from $636 to $239 in one year. Name one single worst-performing asset in 2014... Wait, you can't. Sorry. How does it feel to lose 62% per year?

Bitcoin isn't a website (thanks for the good reminder), but Mt. Gox, dubious Chinese exchanges and a lot of "secure" online wallets disappeared overnight.

And you seem thinking the big banks don't know about bitcoin because it's so obscure, nerdy and underground... But everyone knows, from the French Parliament to "The Good Wife". The truth is: no serious player invests into bitcoin because it's crap (coming from a neat idea), it's bought and sold on scammy exchanges, it's not secure nor private, it's mainly backed by criminals and faceless people, it's highly volatile, it's almost not used as a currency, and it's a scam.