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/biz/ - Business & Finance


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File: 642 KB, 975x603, fucking-boomer.png [View same] [iqdb] [saucenao] [google]
9323805 No.9323805 [Reply] [Original]

He's scared.

>> No.9323821

>the thing i invested in is not a bubble
>the thing i didn't invest in is a bubble

>> No.9323852

we need to call these people out for what they are

filthy nocoiners

>> No.9323874

>>9323852
Precisely

>> No.9323875

Just kick the bucket already you old rotting piece of shit

>> No.9323883

>>9323805
He isn't. He understands how to value assets. No one here does (clearly, they're investing in magical 1s and 0s floating in cyber space) the fact that you all hate in him goes to show how correct he is

>inb4boomer
>inb4 boomer cope
>inb4 salty no coiner
>inb4 pajeet

>> No.9323890

Is it just me or does he really seem desperate? Don't remember him doing so many successive media appearances in a short period of time before.

>> No.9323895

Coiners are a pathetic salty bunch of whiners

>> No.9323909
File: 288 KB, 1300x2000, 1523096924895.png [View same] [iqdb] [saucenao] [google]
9323909

>>9323883
>you're investing in magical 1s and 0s floating in cyber space
congratulations on the dumbest fucking comment of the year, retard.

>> No.9323912

>>9323883
salty nocoiner pajeet boomer cope

>> No.9323914
File: 61 KB, 748x1024, 1525401817745.jpg [View same] [iqdb] [saucenao] [google]
9323914

>>9323805
NEWS PAPER COMPANY SAYS THE INTERNET IS NOT A THREAT TO SELLS

>> No.9323920

>>9323895
Don't you have something better to do? Like measuring your prostate? Or eating dinner now?

>> No.9323925

>>9323883
>muh bitcoin does nothing
>muh bitcoin produces nothing
>muh farm produces crops
>muh still have farm
>muh bitcoin needs buyers to be valuable
>muh stock doesn't need buyers
obviously this dude doesn't know about nodes. just let him die with the old world

>> No.9323929

>>9323909
>implying the entire economy isn't floating 1's and 0's

>> No.9323934

>>9323883
you forgot to inb4 faggot you fucking faggot

>> No.9323937

>>9323805
If we get an inflationary recession and the stocks crash all that money will flood into crypto. One can only hope he will get justd so hard

>> No.9323944

>>9323805
what coin is this and how do I short it?

>> No.9323959

>>9323937
I don't know
It kind of feels like crypto is tied to the Stockmarket nowadays
It must be those crypto etfs

>> No.9323970

>>9323805
#boomercope

>> No.9323998

>>9323890
>>9323909
>>9323912
>>9323925
>>9323934
The fact that you children on this board are coping with 'boomer this' and 'boomer that' is hilarious. The thing is, him, bill gates, and munger, are all correct - deep down you know they are - deep down you all know these imaginary internet coins are completely worthless, its just hilarious to see you all try to make light of this, brush it off as 'them accumulating' or trying to 'fud to buy cheap'. Absolutely hilarious, cope harder little children. This is the level of naïvete coming from the gen Z's and millennials of this board. These men are worth billions and billions which you can not even conceive. Microsoft stock alone has a higher market cap than all the entirety of crypto in existence. Nothing you can do and 'paradigm shift' are scaring or worrying them. Btc can become the world reserve currency over night and the tangible assets these men own will not be affected. Idk why I'm even saying this, no one itt has the intellectual capacity to understand, just keep touting 'theyre dumb' 'old boomers have no idea about modern day technology' and the future is truly in your coins, because u own some and want to be rich, lmfao. Come talk to me when you grow up.

>> No.9324045

>>9323998
salty newfag who bought at 20k

>> No.9324055

>>9323998
if theyre so worthless why dont you try to make some, oh wait you cant

its easier to counterfeit a dollar bill than a bitcoin

>> No.9324069

>>9323998
Gramps you seem a little cranky. Let's change that colostomy bag of yours, then it's off to bed.

>> No.9324082

>>9323998
This has been going for 10 years and you're telling me its going to stop
Right, whatever you say boomer

>> No.9324091

>>9323805
Scared? Of what?

Don't get me wrong... I think his stance on crypto is absolutely wrong and based almost entirely on ignorance of and aversion to new technology. That said, the man is in his 80's and has billions in the bank. He fears nothing except possibly his time running short.

>> No.9324097

The Higher They Rise, The Harder They Fall

>> No.9324115

the dinosaur sees the comets

>> No.9324129

>>9323895
Nice try Buffet
Just bought 100k link

>> No.9324153

>>9324055
>>9324069
>>9324082
Ah, the quality rebuttals of the bright minds of /biz/
>>9324091
This anon makes the most sense of all, and I can say; don't be naive thinking Warren buffet and munger don't know a thing or 2 about crypto. Heed their warnings.

>> No.9324159

>>9323805
>Bitcoin value is arbitrary! It creates nothing!
>Oh hey goys no problem with stock buybacks and artificially inflating the stock price. That’s real value!

>> No.9324165

>>9323998
>Come talk to me when you grow up.
this is the weirdest part about this pasta... why?
why would I want to talk to you after such a condescending post? why do you want me to talk to you after I grow up? that is just weird and it ruins the whole pasta.

>> No.9324179

>>9323883
>you buy a digital coin, sell it to someone else, you arent producing anything, there isnt an underlying asset
>if i buy this enron stock and sell it to you for more than i paid, that stock is producing things, it has an underlying asset

>> No.9324184

>>9323998
New fag GTFO

>> No.9324203

>>9324091
His reputation after his death will be brutally tainted after making a wrong call on an innovative technology. He's afraid he will be remembered as the faggot that missed the greatest transfer of wealth in history and his descendants will lose all credibility.

>> No.9324212

>>9323998
https://99bitcoins.com/bitcoinobituaries/

>> No.9324224

>>9323852
absolutely disgusting nocoiner cope

>> No.9324249

>>9323998
Lol millenials sad/mad cause gun protest didn't eliminate all shootings

>>9323805
Come over to my house kids. I'll let you eat all the Tide pods you want. And yes I said house not apartment poorfags

>> No.9324254
File: 28 KB, 400x400, c7fc3f20f03385528867fc8c3c080448_400x400.jpg [View same] [iqdb] [saucenao] [google]
9324254

Why did he call bitcoin rat poison?
Is bitcoin poisoning the rats?

>> No.9324264

>>9323998
>>9323998
I think the majority of the people here realize bitcoin is a pipe dream and it wont get rid of banks so when buffet talks shit about bitcoin we can see his point of view however hes talking shit about btc to bring its price down while it still pretty dictates the crypto market as fiat pairs are lacking and thus brings down all the amazing new blockchain projects. He probably doesnt even realize the correlation between btc and alts so fuck him.

>> No.9324285

>>9324264
>I think the majority of the people here realize bitcoin is a pipe dream
>>9324212
>Bitcoin coming up on its 300 death

>2019
>bitcoin is dead!
>2020 - 100k
>bitcoin is dead!

>>>/buttcoin/

>> No.9324296
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9324296

>>9323998

>> No.9324319

>>9324285
Bruv no nation state will adopt it as their currency stop drinking the kool aid. They are just gonna use blockchain tech to digitize legacy fiat. The main reason why bitcoin is so big right now is because you use to buy alts.

>> No.9324320

>>9323998
>deep down you all know these imaginary internet coins are completely worthless,

They are objectively not worthless. If they were we wouldn't even be having this conversation. These coins represent a new paradigm where we can decentralize our future technologies. This has implications from government, corporations all the way to entertainment and ownership of properties.

There is no deep down inside feeling. Its just an objective truth. If you can accurately store data that nobody can control and everyone can see you can organize entire societies around that system.

>> No.9324369

>>9324320
>Mom! Rick and Morty are objectively funny!
>they are!
>yes I do know what objectively means!
>yes I Do!
>whatever!

>> No.9324372

>>9323883
Nobody is disputing he knows how to value assets in fiat currencies. He doesn't seem to realise though that fiat currencies themselves are terrible instruments to measure value, and *that* is the value of cryptocurrencies outside the control of the state.
Also, if they succeed they will absolutely destroy him.

>> No.9324407

>>9323998
also, this. unironically.

>> No.9324440
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9324440

>>9324254
(((they))) are the rats

>> No.9324468

>>9324319
>Bruv no nation state will adopt it as their currency stop drinking the kool aid. They are just gonna use blockchain tech to digitize legacy fiat
That's the point, brainlet.
Why the fuck would anyone switch to yellen queef digitals if privacy coins exist?
Crypto will end fiat, that's its end goal.

>> No.9324559

>>9323998
Correct. I'm still going to try and make money out of this shit before it collapses though.

>> No.9324607
File: 583 KB, 940x1024, 1523917451323.jpg [View same] [iqdb] [saucenao] [google]
9324607

>>9323998
I already effortposted arguing against this pasta before, fuck you.

>> No.9324655
File: 2.92 MB, 500x333, 1501180909509.gif [View same] [iqdb] [saucenao] [google]
9324655

>>9324440

>> No.9324681

>>9324607
should've pasta'd your reply

>> No.9324693
File: 94 KB, 600x800, 1506312782165.jpg [View same] [iqdb] [saucenao] [google]
9324693

>>9323883
>magical 1s and 0s

get a load of this wiseguy

>> No.9324720

>>9323998
Correct. But no one will admit it.
Still, if we can make some money along the way then fuck it.

>> No.9324726

>>9323805
how 2 short boomercoin

>> No.9324727

>>9324369
It literally is worth money that you can buy and sell for, it that isn't value then gold and every other asset is valueless and the entire concept of value is meaningless

>> No.9324782
File: 286 KB, 1853x1377, poke.jpg [View same] [iqdb] [saucenao] [google]
9324782

>>9324069
>Gramps uses Colostomy Bag attack
>It's super effective

>> No.9324946

>>9323998
Kys, you rat kike

>> No.9325007

>>9323998
good pasta

>> No.9325061

>>9323805
He entered at 6k, from 9900 he is shorting, the target is 6000

>> No.9325282

>>9323998
lol holy shit u are wasting your time here- might as well kys now you nocoiner boomer filth

>> No.9325394
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9325394

>>9323998
AAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

HHHHHHHHAAAAAAAAAAAHAHAHAHAAAAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

HHHHHHHHHHHHHHHHHHHHHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>9324249
but someone who wants guns banned is too stupid to realize why bitcoin will always keep going up in actual, real value

>> No.9325437

>>9323998
this is legit, one of the funniest copy pastas I've read in a long time, im crying

>> No.9325700

Yeah he is scared. Many companies have hit their profit ceiling and are going beyond with what they call "adaptation" which really are risky business strategies that only work in a certain economic enviroment. This combined with an unfunded trust with the thinking that we won't have 2 economic crisis close to each other means he will be fucked.