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/biz/ - Business & Finance

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9630791 No.9630791 [Reply] [Original]

ARE YOU PREPARED FOR THE GOLDEN BEAR?

>> No.9630795

>>9630791
based bear man :D

>> No.9630798
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9630798

>> No.9630809

>>9630791
yes, I'm shorting THE FUCK out of the USD

how many years until it's the Venezuelan Bolivar?

>> No.9630822

>>9630809
well mcafee says 1btc = 1 million usd by 2020 so...

>> No.9630836

autism checking in

>> No.9630848
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9630848

In 1876 economists and mathematicians theorized the existence of a economic-ecosystem that had reached a form of permanent loss - creating an endless negative feedback loop. They proposed that such a system entering this state would begin what they called the Black Bear Run. Various mathematical models were created to show what this Black Bear Run would look like.

Through my PhD research I believe cryptocurrency may be entering the early stages of a Black Bear Run. In this stage early investors could potentially lose an endless supply of wealth - as the system endlessly sucks money into a bottomless pit resembling a black hole.

Economists believed that the slow nature of the stock market would halt the emergence of the Black Bear Run before it could get started. However it looks like the extremely fast paced nature of cryptocurrency could bring the Black Bear Run into existence.

If I am right we could see something never before experienced in the history of the universe. Hold on while you can - a massive never ending dump is imminent.

>> No.9630854

>>9630848
k

>> No.9630858
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9630858

>>9630848

>> No.9630873

Yeah LET GO BOIZZZZZZZ LEN RUN DOWNNNNNNN CRASH EVERYTHING. COMEHERE BEARS FUCK ME. MY ASS IS READY FOR Y LET GOOOO AaAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.9630875

>>9630848
what you're describing is inflation (literal permanent bear market)

Bitcoin has a fixed supply, thus, is deflationary (literal permanent bull market)

>> No.9630880
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9630880

>>9630875
Not if it has no real utility. Beannie babies are fixed supply too.

>> No.9630904

>>9630880
being your own bank has no utility? why in the fuck are there banks in the first place then?

perfect accounting has no utility? good luck with your kike ponzi fiat

actually owning your own money has no utility? you're a slave and you're fighting against your freedom

>> No.9630911

>>9630875
>equates deflation with a bull market
Im so sorry

>> No.9630912

>>9630880
you know what, nevermind

please just kill yourself

>> No.9630923

>>9630904
> spewing the same talking points I was hearing in 2014
Can you buy anything with Bitcoin? Do you seriously care about being your own bank?
Just admit it, you're here to speculate, you bought into crypto because you want to sell it later at a higher price (in dollars).
This shit has been around for a decade and there's no utility to it apart from speculation, gambling and buying drugs on the darknet.

>> No.9630929

>>9630911
yeah, like yin and yang, it's just the way the world works

just wait until you find the "opposite" in money

whew

>> No.9630940

>>9630929
I really am sorry

>> No.9630960
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9630960

Bears make lots of money, bulls get slaughtered because they're pretty much pigs.

>> No.9630975 [DELETED] 
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9630975

>>9630940
It's called The Despair Code

it's perfectly named

it makes you fucking RICH but it's very, very depressing

>> No.9631006

lol welp

>> No.9631023
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9631023

>>9630960

>> No.9631049

>>9630923
Have you tried going to Bitcoin.com ?

Commerce is in full swing.

I buy daily items on purse.io
I buy my flights with bitcoin on cheapair
I buy electronics and furniture on overstock.

Go and spend your coins, you will be increasing the value of your remaining coins as you are supporting bitcoin commerce and increasing demand for it.

>> No.9631083

>>9631049
> Bitcoin.com
Isn't that Roger Ver's BCH shilling site?

>> No.9631115

>>9630960
Isn't being a bull more profitable since you can get over 100%? A bear never makes more than 100% assuming both bull and bear use no leverage.

>> No.9631159

>>9631083
BCH is bitcoin. Can BTC do fast and cheap transactions? Thats whats necessary to enable commerce and control over your own money mentioned above. It's always been the utility value which has stopped bitcoins price crashing to nothing like most Ponzi's. BCH has the most utility. BTC is now bankcoin: selling side chains. The only thing it has going for it is the ticker symbol. Take that away and noone would say it was bitcoin.

>> No.9631164
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9631164

>ready and able

>> No.9631195

>>9631159
Oh yeah, btw as the coin with the most real world utility (sending remittances, buying socks, buying flights, buying computer parts, tipping etc etc) BCH is the county's will crash the least in a bear market.
It might crash even less than tether, if the U.S. govt gets involved.
Buy your insurance today. Buy Bitcoin Cash

>> No.9631210

>>9631115
Real bears use leverage. Richard Heart made 1000% this month

>> No.9631211

>>9631159
lmao of course it has cheap and fast transactions, nobody is using that shit. It's a scam pushed by Roger Ver (scammer/past felon), Jihan Wu (Chinese miner getting rich off selling overpriced ASIC and pre-mining BCH) and Craig Wright (aka faketoshi, scammer who claims to be Satoshi)
Why would you ever buy into this scam (if you're note paid to promote it here)

>> No.9631213

>>9630904
once we dip back to 3k it'll just be us again.

>> No.9631254

>>9631210
ofcourse, but bulls on leverage will always be more profitable than bears on leverage right? Just theoretically...? I personally play the bear side more often, not sure why but I just feel the bear side is often also more rational and I'm a rational/logical guy.

>> No.9631278

>>9631254
Ya it's best to go both ways. Go with the flow.

>> No.9631300

>>9631211
Like I said, it's the coin I use to buy things with. I really do buy flights with BCH. I recently brought a robot vacuum with BCH. I have brought computer parts, graphics cards, t-shirts and paid for web hosting, frieght forwarding and my VPN.
Most everything that isnt food I buy with Bitcoin(BCH).
And because it's the most useful coin I hold most of my stack in BCH. So yes, in a way I do get paid for making these post: I want my profolio value to go up, while growing the places I can spend my huge stack of Bitcoin(BCH)

>> No.9631328

>>9631300
BS