/biz/ - Business & Finance

[Anonymous No.7277586]

Uhhh guys...

[Anonymous No.7277595]

Don't care desu

[Anonymous No.7277599]

blah blah blah

[Anonymous No.7277633]

>2008 crash
So he predicted a crash that has happened 10 years ago for something that didn't exist 10 years ago?

[Anonymous No.7277639]

>>7277586
Everyone knows it's a bubble, but it's not popping anytime soon.

[Anonymous No.7277653]

What kind of Italian kike name is that

[Anonymous No.7277655]

>>7277633
this.

[Anonymous No.7277674]

>>7277586
I'm glad that it's a bubble

[Anonymous No.7277704]

>>7277639
this desu

[Anonymous No.7277721]

>>7277586
there's no credible news sources anymore.

if you fall for this FUD you deserve to stay poor.

[Anonymous No.7277734]

>>7277633
>>7277655
I think they're implying the 2008 financial crash, i.e. Bear-Sterns.

You silly frog boys.

[Anonymous No.7277738]

>>7277633
it's saying he predicted the economic crash in 2008 lmao

[Anonymous No.7277747]

>implying the 2008 crash was hard to predict

wow this guy must be a real expert I'm selling everything

[Anonymous No.7277758]

>>7277747
...it was

you're guilty of anachronistic thinking

[Anonymous No.7277766]

>>7277586
Bubble this bubble that.

It's only a bubble if the people don't believe in the technology and don't care for it. Far as I can tell the weak hands have already been shook out. So from here on out, it is just the tech nerds who want this thing to happen.

[Anonymous No.7277771]

>>7277586
well he has a 50% of being right or wrong depending on how the tether investigation goes.

[Anonymous No.7277784]

>random guy says random thing that may or may not be true
What is the point of these news articles again?

[Anonymous No.7277893]

>>7277784
FUD. only god's chosen are allowed to become rich.

[Anonymous No.7278075]

>>7277586
actually I'd say the current s&p/dow and so would shiller if he was not misreported

[Anonymous No.7278098]

>>7277586
>Dec 20, 2014 05:27:36 IST
>Economist Nouriel Roubini is back on the circuit with his Doomsday predictions. In an interview to WSJ.com, 'Dr Doom' prophesies that there is now a greater than 50 percent risk of a global recession, and that this is not the time to be invested in risky assets.
Imagine actually listening to Roubini and sitting out the crazy stock market returns of the last 4 years

[Anonymous No.7278172]

>>7277586
>biggest bubble ever
>never mind that the entire BTC market cap is 0.5% of the shekels we "borrowed" during the banking crash, you stupid goyim
>better sell us your crypto!
If we all chip in just a few DOGE I'm sure we can pay the gas bill.

[Anonymous No.7278250]

A bubble never crashes when everyone calls said market a bubble. A bubble pops at the most unexpected time,when true greed runs in

[Anonymous No.7278301]

>>7277586
>economist
>calls the bubble popping on the same day every one was panicking it was the big one after weeks of bleeding.

fuck me, what a genius!

[Anonymous No.7278320]

>https://www.theguardian.com/technology/2018/feb/02/bitcoin-biggest-bubble-in-history-says-economist-who-predicted-2008-crash

read the article. you'll get a good kek.
everyone who is literate knew btc was a bubble and was going to pop but they need some fancy economist to tell them that.
he predicts this crash will lead to btc dropping “all the way down to zero”. KEK because every time the stock market crashes it drops to zero.
this article never once mentions blockchain and its advantages. this is just another standard hit job written by the establish to keep the powerful in power.

[Anonymous No.7278331]

>>7277738
So many underaged people on this board lol

[Anonymous No.7278338]

not listening to these fucking kikes, there's not even $20 billion in the crypto space rn, still lots of room to grow

[Anonymous No.7278344]

>>7277633
Are you retarded?

Nevermind, a frogposter.

[Anonymous No.7278365]

>Bitcoin
>mother of all bubbles

[Anonymous No.7278384]

>>7278338

yeah thats what I reckon, you look at the tether volume during huge crashes and its only 2-4 billion. there cant be much more than 20 billion in fiat pushing these prices

[Anonymous No.7278407]

>waits until it drops 50% before saying it's in a bubble

[Anonymous No.7278472]

>Bitcoin is not recognised by any central bank and currently allows people to bypass banks and traditional payment methods to pay for goods and services.

unless you spend a shit ton of money on a mining rig, you can't bypass the banks. you have to buy btc through an exchange using your bank. this guy did no fucking research whatsoever.
and also "oh no dont bypass our wonderful banking system that screws us daily"
fuck these plebs. im glad they are ignorant, they wont be able to ride this wave.

[Anonymous No.7278475]

>Marketcap peaked at $800B
>.com bubble peaked at like $10T or some shit

So people blatantly lying is news now?

[Anonymous No.7278499]

>>7278384
yeah it's more like $10-15 bil if we're being realistic. market cap is a fucking meme

[Anonymous No.7278773]

>biggest bubble ever
>$450 billion market cap

[Anonymous No.7278935]

>>7277586
You have to realize guys that economists are the biggest charlatans of our ages. All of them, especially the Nobel Prize completely talk out of their asses and you should never listen to them, they have no more qualification than a hobo in a street, it's even more bullshit than social science.

The bears especially always tell you there will be a crash which is fucking hilarious because that's the first thing you learn in finance: markets are cyclical just like everything in life from reproduction to seasons.
OF COURSE THERE WILL BE A CRASH, everyone know it, the hard part is to predict backed with proofs exactly when and how far it will dump and when it comes to this they don't know shit.

[Anonymous No.7279014]

>>7278172
>>7278320
Praying for the day when we can finally start up the ovens, for real this time.

[Anonymous No.7279089]

>>7277586
He argues that the blockchain offers nothing and there are no users. Which is obviously false.

[Anonymous No.7279129]

>>7279089
He is the saltiest nocoiner boomer I've seen. If you've ever seen his Twitter feed he's spent the last four years posting 18 times a day slamming bitcoin and predicting its near demise

[Anonymous No.7279163]

>>7277586
>(((Nouriel Roubini)))

[Anonymous No.7279181]

>>7279014
I'm gonna use my XRB earnings to buy an oven

You guys bring him to me and lock the door

[Anonymous No.7279616]

>>7277734
this.
But. The fact is that he is going by the numbers, by the numbers then yes, it is due a crash. He does not understand the value in the underlying tech. Neither do many institutional investors. This is a case of the shoeless hippy being too old to 'get it' really. Which is a shame because the guy was good. I am sure he will make money shorting but BTC or at least part of the crypto sphere is here to stay and will destroy the financial institutions we have today and free us from their grip. RIP Boomers.

[Anonymous No.7279637]

>>7277771
Tether has proven via audit they are liquid already... It is on their website and they have released the audit.

[Anonymous No.7279661]

>>7277639
This

Why the bubble pop before any of the tech has even been released?

It'd be like the dot com bubble bursting in 1995

[Anonymous No.7279662]

>>7279616
plus this >>7278935
There is always a crash.

[Anonymous No.7279664]

>>7277633
/biz/ everybody

[Anonymous No.7279710]

>>7279129
>Bitcoin will crash soon.
>Oh it didn't crash yet, well it will soon.
>See, it crashed! I've been telling you guys for 7 years

[Anonymous No.7279806]

>muh bubble

[Anonymous No.7279873]

>>7278475
Dot-com bubble had the Soviet Union colapse & exploit to keep money flowing into the ponzi, when russia dried out, the bubble poped, we have nothing but niggers full of college debt.

[Anonymous No.7279967]

>>7277586
>Biggest bubble
>not even worth half a trillion

this boomer can suck my dick

[Anonymous No.7280038]

>>7279637
They have proven it before they started printing 1.5 billion tether while simultaneously choosing to stop being audited because the auditors started asking too many details which upset them.

[Anonymous No.7280061]

> listening to anybody else's advice for investments

[Anonymous No.7280096]

>>7277586
>Market cap of $140B
>Biggest bubble in history
Calling it the BIGGEST bubble in HISTORY is straight up retarded.

[Anonymous No.7280384]

>>7280038
They print tether upon demand from people selling. it is not hard to work out. The demand for them is increasing or they wouldn't print more. People do not get this market. just because a market like this loses 3-400 bill does not mean that 3-400 billion has left or been converted to tether. a group of people with 100k on every BTC exchange could pump or crash the whole BTC price by 2-3k easily over the space of a few days by reducing the current buy/sell price with its lower volume thus changing the whole circulating supplies price. This is much easier to do for lower volume coins but honestly, 100k or maybe 1mil per BTC exchange would do it which is easy to achieve for a hedge fund manipulating futures. Tether is not the problem. The manipulation and BTC and the BTC pairing to 'alts' is.

[Anonymous No.7280409]

>>7279967
when you're broke from hodling digital beanie babies it will be you, not him, that is sucking dick to get by

[Anonymous No.7280437]

>>7280409
>crypto = beanie babies

Sir this is a 2013 meme

[Anonymous No.7280494]

>>7277633
If he wrote this then he obviously didn't even think of the possibility that they're referring to the financial crash, which means that he doesn't actually know that such a crash even existed

The absolute state of crypto """"""""traders""""""""""" ladies and gentlemen

[Anonymous No.7280516]

>>7277586

The gold bubble is way bigger and still alive.

[Anonymous No.7280521]

>>7280437
truth has no time restraint

[Anonymous No.7280568]

>>7279873

But we have the lowest interest rates of all times and a stock/bonds bubble. Wall Street craves for a new investment tool.

[Anonymous No.7280585]

>roubini
I am surprised

[Anonymous No.7280592]

>>7277633

Really makes you think

[Anonymous No.7280711]

>>7280409
until then, I guess you took it upon yourself to personally suck off the uninformed author of the crypto fud. Good for you anon.

[Anonymous No.7281472]

>>7279967
less than 50billion in reality. It is only the circulating supply at the current price that makes it what it is. In reality, even 50 bil is a massive overestimation of the money invested in crypto so far. We are probably looking at a few billion invested in total and no more, we are still very early adopters. The actual real-world use based tech only started evolving last year for christ sake. We will all make it, HODL is not a meme. Just make sure you pick a good horse for the race, one that will survive.
This is also why the market is so volatile. When a few 'whales' can make a coins price go up and down 50% in a day then that impacts the entire circulating supply. Multiply that by all coins and you have a recipy for a vlitile market. Stability only comes with mass adoption, when we start seeing 1-10% swings max a day and hit stock market levels, that is when we have actual adoption. The latest media frenzy was nothing. We still have along way to go. Strap in boys!

[Anonymous No.7281720]

>>7280061
It's why I'm not investing in crypto currency, so I guess I agree.

[Anonymous No.7282658]

>>7277653

Sounds iranian

[Anonymous No.7282718]

>>7277633
this post is one of the funniest things i've read on /biz/. thanks.

[Anonymous No.7282778]

>>7277633
I fucking hope you're being ironic.