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/biz/ - Business & Finance

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7330737 No.7330737 [Reply] [Original]

Since February 1st:
>DOW has fallen 1000 points
>S&P 500 has fallen 120 points
>VIX has increased from 15 to 25
Do you faggots realize that this is the start of what Ron Paul warned us of?
What the fuck do I do, i'm panicked as shit. I have no debt, and I have like a 100$ in ETH, but still what the fuxk do i do help please

>> No.7330854

>>7330737
the market is correcting itself obviously

>> No.7330857

bump

>> No.7330960

>>7330854
what the fuck does that even mean
Fuck

>> No.7331039

What is VIX?

>> No.7331113

>>7330737
Store up cash to swoop in when the knife is done falling

>>7331039
Volatility index

>> No.7331122

>>7330960
It means the bubble is bursting

>> No.7331124

>>7331039
Google, retard

>> No.7331172

>>7330737
Yeah but crypto was suppose to be the hedge against this bullshit. So what gives?

>> No.7331199

The fake economy of the Obama presidency is finally collapsing, donald butthole trump will have to start from scratch

>> No.7331254
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7331254

We don't focus on daily price movements here. Go back to CNBC.

>> No.7331280

>>7331199
He'll get the entire blame of it as well, despite this is all related to QE and the FED finally rising rates after keeping them low the entire Obama presidency.

>> No.7331551

>a healthy, inevitable stock market correction is bad

Silly brainlets.

Crypto is fucked tho

>> No.7331793
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7331793

>>7331199
>>7331280
>implying that the bubble didn't go parabolic under trump after promises of free money for business, despite making no changes to the fundamentals of the economy
This is the part where you strawman and call me a redditor or commie or soyboy or something

>> No.7331840

>>7331793
You didn't refute anything I said, retard.

>> No.7331907
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7331907

>>7331199

Goddamn, do I love this. Today is the biggest free fall in Wall Street's history and a sick demented cunt elected by shut-in nazis will take ALLLL the blame.

Donald Fuckface is already sitting at a 30% approval rating and the Republican Party is under nine months off from a lethal mid-term election.

What do you think will happen when the market loses 70% and millions of jobs go bye-bye? :)

This country will be blue and socialist for the next century. Asshole and Vice Asshole will have to leave the country to avoid lifetime prison sentences. President Pelosi will literally PAY refugees with Republican's money to come here.

You're fucked, White America.

>> No.7331928
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7331928

>>7331172
Sellers have it pegged to the dollar. Holders have it pegged to cryptofuture.

>> No.7331965

>>7331793
fuck off Redditor commie soyboy

>> No.7331982

>>7331172
in what reality was crypto ever supposed to be a hedge against this?

if the normie financial markets crash you really think people are going to rush to invest in internet money? no, they're going to move to fiat, real estate, and precious metals, people want something tangible in their hands when markets are uncertain, not to risk more volatility in something that's already notoriously volatile.

>> No.7332035
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7332035

>>7331982
>in what reality was crypto ever supposed to be a hedge against this?

Because what comes next.

>> No.7332153

>>7330737
February looks as it will be an amazing month

>> No.7332200

>>7331907
>This country will be blue and socialist for the next century.

Just like how Obama was a communist, right?

>> No.7332273
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7332273

minus 1300

>> No.7332363

>>7331982
bitcoin is a hedge against the dollar not the entire stock market you fucking retard

crypto currency can replace the dollar. blockchain can be used as a better way of trading stocks and bonds though we are far from that.

but a fucking currency isnt a hedge against the performance of specific firms you retard. those companies will have value regardless of what the currency of today is

>> No.7332376

>>7331907
Oh my god it's retarded

>> No.7332390

>>7332273
Hahahaajaj DRUMPFF

>> No.7332562
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7332562

>>7332035
THIS MAN KNOWS

You must buy a bitcoin before midweek

>> No.7332615

>>7332562
who is this thicc hottie?

>> No.7332938

>>7331907
>mfw there are democrats that literally believe this

>> No.7333011

What did Ron Paul warn us about