/biz/ - Business & Finance

[Anonymous No.9674576]

Okay guys today I am going to hand you the redpill of your life time. An economy has short term and long term debt cycles. A shot one usually last about 10 years and a long one 80-100 years. The debt levels have never been higher, central banks pumped a SHITTON of money into the economy, crippling the interest rates with it. The central banks reached their limits to stimulate the economy and asset prices. There are a lot of indications that we are at the end of an big debt cycle. This essentially means that the economy is going to suffer hard in the next years, people will lose their jobs and houses because they cant pay off their debt. There is a MASSIVE recession right in front of us. Its going to be brutal. The market situation is comparable to the time around 1935-1945 in the USA. Now here is the interesting part, this time we have cryptocurrencies. Usually people tend to go back in save investments in those times of trouble (with as little correlation to the stock and bond market as possible). Its usually gold/cash. However, gold's correlation with the stock market increased over time and doesnt make it a very good safe haven anymore. But crypto does. If the recession is finally here, it could trigger the biggest bull run in crypto that we have ever seen. I am talking about hundreds of billions flodding into the crypto market, just to lower the correlation of the portfolios. Then there will be fear of a collapse of the financial system and a lot of investors and normies invest in something which would survive a collapse. Gold and other precious metals were the prefered way of doing that but now a new and better option is here: cryptocurrencies. Accumulate my friends, dont fear the short term losses and bears, we have great times ahead of us! Accumulate my friends.

[ScandinaviaBrah !!MMwVgUrCHqf No.9674592]

>>9674576
>people will save up in cryoto for a decade


Surely youre not this stupid friendo

[Anonymous No.9674599]

>>9674576
Unironically this

[Anonymous No.9674604]

AAAAAAHHHH THE DEBT IS TOO MUCH AAAAAAAHHH ITS ALL GOING TO CRASH

SELL SELL SELL SELL

[Anonymous No.9674609]

this one is so big we could destroy ourselves.
if you come through the reset you will exist in a global economy in perfect equilibrium between resource and population

[Anonymous No.9674621]

>>9674609
AAAAAAAAAAAAAAAAAH STOOOOP IT IM GOING TO JUMP FROM A WINDOW WEER ALL GOING TO DIE AAAAAAAAAAAAAAH

[Anonymous No.9674630]

>>9674576
But durrr dem bitcorns are scam the media said so

[Anonymous No.9674652]

The debt levels wont rise forever and it is time. For a government there is usually just one way to get rid of the debt and thats inflation.

[Anonymous No.9674656]

>>9674576
Does your mumbo-jumbo work for shitcoins too ?

[Anonymous No.9674679]

>>9674609
The US dollar is already losing its position. Oil and other commodities are not solely traded over the USD anymore but the Renminbi. The Renminbi has unironically a chance to take the place of the USD.

[Anonymous No.9674717]

>>9674656
It is hard to give an estimate which cryptos survive/win this race. I am talking more general about the crypto market. However, I am invested in ETH(25%), BCH(35% inb4 bcash bcash), EOS(15%), BTC(10%) and some shitcoin projects with potential.

[Anonymous No.9674724]

Could you show more indicators? I'm trying to get a clear picture

[Anonymous No.9674750]

>>9674679
yes, it's not surprising the first crypto whitepaper was written by the USAs very own NSA
if they can't have a centralised world currency no one can
just leaves the centralisation of energy to fix which explains USA support of Israel and global warming

[Anonymous No.9674900]

>>9674576
You ignore:
- bretton woods
- aftershocks of the great depression
- good ol' WW2

And a metric fuckton of other factors, which makes your "redpill" a simple homeopathic pill with a funny collor.

Go back to /pol, faggot. Some of us actually know how economy and finance work.

[Anonymous No.9674953]

>>9674724
I recommend the video of Ray Dalio "How the economic machine works". If you dont know him, he is probably one of the greatest minds out there when it comes to economics and is the founder of Bridgewater Associates.

To the current market situation: We have new highs in the stock markets which are generated by the QE. They are just boosted and cannot sustain. The Fed and other central banks have to smaller their balance sheets by selling the assets which they bought in the QE and the financial crisis. The amounts which they have to sell are enormous. In a nutshell, central banks boosted markets short term by giving out very cheap money.

[Anonymous No.9675003]

>>9674900
I am not /pol and have a masters degree in macroeconomics. I am working at a pension fund (~150 Billions AuM), doing their macro research. So I would say that I have some expertise in the field my newfriend.

[Anonymous No.9675066]

>>9674576
you do fucking realize there was a war going on, right?

[Anonymous No.9675081]

>>9674576
So how long do we have to go until the recession? Of course it's impossible to tell exactly but if you had to guess. 5-10 years?

[Anonymous No.9675147]

>>9675066
You still can make statements about the general economy with respect to the war. Also the economy was already in a recession before the war started.

>>9675081
I think it could start this year or in the next one or two. I wouldnt give it 5 years but also depending what the central banks do. If they go for another QE round, it could take more time.

[Anonymous No.9675298]

>>9674953
I have his book principles, I'm watching the video now. Thanks for explaining

[Anonymous No.9675312]

>>9674953
He also said we are in a pre bubble just 2 months ago,

[Anonymous No.9675320]

>>9675147
you do realize that there was no internet back then? and in fact the whole economic situation isn't even close to comparable

[Anonymous No.9675332]

>>9674576
Just watch datadash's video from yesterday

[Anonymous No.9675405]

Thank you Anon.

[Anonymous No.9675430]

>>9674576
my body is ready

[Anonymous No.9675483]

>>9675003
What the fuck did you just fucking say about me, you little bitch? I'll have you know I graduated top of my class in the Navy Seals, and I've been involved in numerous secret raids on Al-Quaeda, and I have over 300 confirmed kills. I am trained in gorilla warfare and I'm the top sniper in the entire US armed forces. You are nothing to me but just another target. I will wipe you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit to me over the Internet? Think again, fucker. As we speak I am contacting my secret network of spies across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life. You're fucking dead, kid. I can be anywhere, anytime, and I can kill you in over seven hundred ways, and that's just with my bare hands. Not only am I extensively trained in unarmed combat, but I have access to the entire arsenal of the United States Marine Corps and I will use it to its full extent to wipe your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little "clever" comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn't, you didn't, and now you're paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it. You're fucking dead, kiddo.

[Anonymous No.9675505]

Do you guys truly think people in their right mind would use crypto as a hedge. It just seems too out there for me. The elite would have done studies and have plans in place to counteract this from happening so they maintain control. It wouldn’t surprise me if they know exactly when it will happen.

[Anonymous No.9675514]

what happens to cash in a recession or a depression? does purchasing power drop a lot?

[Anonymous No.9675639]

>>9675505
crypto is in fact the PERFECT hedge because its market movements are uncorrelated to ALL other asset classes. Its almost irresponsible not to have some money in crypto, and with some I do mean ~2% or so for the average investor, ~80% for me :)

[Anonymous No.9675696]

>>9674576

Sidepoint: there's over 400x as much paper Gold as actual Gold being traded. Any Goldbugs who want to claim shitcoins are unsafe need to look in the mirror. The powers that be can crush Gold any time they want.

>muh safe value store....

It's just another shitcoin.

[Anonymous No.9675709]

>>9675514

Think wheelbarrows filled with 100s, to buy bread.

[Anonymous No.9675727]

>>9675696
>400x as much paper Gold as actual Gold being traded
How is this even possible?

[Anonymous No.9675738]

>>9675727
Same way a bank doesn't run out of money as long as everyone doesn't try and withdraw their money literally in coins and notes all at the same time

[Anonymous No.9675749]

>>9674750

Such a stupid theory. It got shilled on Ancap forums and 4chan mainly (I was there, oldfag) - you REALLY think the NSA at the time gave a shit about this place? If they wanted a world currency, they'd just have an academic make it and release via the World Bank. Any plan that involves "Hey guys, I've got a perfect plan to take over the world, let's provide a p2p money so all those NEET on those Korean basket weaving boards can buy drugs and shill it organically for us, so in 10 years or so we can bring the global economy to its knees safely" as an element is retarded beyond measure. Take fewer blackpills faggot.

[Anonymous No.9675764]

>>9674750

Any why the FUCK would they want to decentralise energy production? Their evil scheme is we all get to have clap, clean energy we produce ourselves? Holy fuck, what a masterplan, they destroy their own cash cow because of reasons. You're such a brainlet.

[Anonymous No.9675767]

>>9674576
WHAT IS THE GREAT DEPRESSION AND WW2 YOU ABSOLUTE BRAINLET

[Anonymous No.9675771]

>>9675696
this is true for now. once a crisis really occurs and these etf bagholders try to get their hands on muh their gold they will find that the only exit is fiat. the etf will collapse when demand for real physical gold occurs if it ever happens not some paper manipulated nonsense.

[Anonymous No.9675790]

>he hasn't read biblical prophecy
if the Iran deal does not get renegotiated WW3 will start. Antichrist is among us people, this stock market collapse was all planned out by the elites to turn people into savages. Student debt, housing debt, auto loans, currency debt, it is all over guys. The antichrist will make the UN invest in a new """crypto""" RFID system, refuse the mark of the beast people. God save us all.

[Anonymous No.9675813]

>>9675514
>one glass of water please

[Anonymous No.9675818]

>Longs go down
>Shorts go down
>Cash goes down
>Crypto goes down
I'm just going to invest in sports cars. If I die of starvation in the next year then at least I'll die happy.

[Anonymous No.9675826]

>>9675749
I never said 4chan has anything to do with the creation of crypto. It's the possible the USA is actually still the libertarian nation its constitution set up and has been using central banking as fire against communist fire until such a technology as crypto came along and made currency debasement non viable

>>9675764
oil is the mechanism of the usd being reserve currency today. Countries don't want to be exposed to us inflation but they have to because the US military razes any middle eastern oil supplying nation that doesn't sell their oil exclusively in usd.
Whether they made crypto or not it can't be stopped so in order to maintain world dominance the US woul have to control the supply of oil (establish israels dominion over middle east) or decentralise it so no one can leverage its supply for geopolitics (renewables, global warming)

the amount of rage and ad hominen in your posts makes me think you're a shill

[Anonymous No.9675832]

>>9675790

And here comes the dumbass burger heretics.

>muh Mark of the Beast

It could be ANYTHING, you fucks thought it was credit cards back in the 1980s. Now it's cryptos. Next it'll be something else. Such brainlets, this is what happens when you don't have the Magesterium of the true Church founded by Christ to guide you & prevent your retarded interpretations.

[Anonymous No.9675874]

>>9675826

>you're a shill

No, I'm tired of hearing stupid shit from brainlets constantly. There's enough REAL conspiracies out there - the shit you're spreading is just straight up d&c blackpills. You're doing (((their))) work for them.

[Anonymous No.9675904]

>>9675874
>lack of rebutal
>CAPITALS
>antisemitic brackets

how is russia this time of year?

[Anonymous No.9675907]

Cryptocurrency is inherently tied to normal currency. It's literally in the name. If the entire world economy decides to go down the shitter, that means prices rise, production lowers. Now tell me why the fuck would you get even more of a currency, albeit an electronic NON EXISTANT IN REAL LIFE one, in a world where you no longer can buy and sell as easily as you used to?

[Anonymous No.9675911]

>>9675832
FBI pls go, proprietary coins for """security""" purposes will be very real. It is fiat 2.0

[reluctant kneepad girl No.9676010]

>>9674724
Here better view of crash

[Anonymous No.9676025]

[Anonymous No.9676100]

>>9675727
Synthetic replication of gold (e.g. with futures on gold)

>>9675907
There are different reasons for it but mainly because there is no involvement of a central bank in it which can fuck around with monetary policies. You dont have the country risk, issuer risk and inflation risk. The number of the currency is limited. Thats a key point. There is no other way of getting rid of the debt than by inflation. Eventually governments will fuck over the population by devaluing their savings just to get rid of their debt. At the moment we live at the cost of future generations. And when that happens you definitely want to be invested in a non inflationary investment (crypto) and not the meme money of the government.

You might think you can switch in a stronger currency like the Swiss Franc but they have to adapt and to weaken their own currency or the companies in the country cant export anymore. Currencies are realtive to each other.

[Anonymous No.9676151]

>>9674576
>>9674953
wasn't the 2008 crisis the end of the long-term debt cycle?

[Anonymous No.9676198]

>>9676151
No debt is still rising (also because due to 2008 and the low interest rates caused by it). The end of the debt cycle will cause a tremendous reduction in the global debt. Look at that chart

[Anonymous No.9676207]

>>9676198

[Anonymous No.9676237]

>>9675749
The NSA/CIA conspiracy theory is classic schizophrenic boomer retardation. Self-defeating mentality.

[Anonymous No.9676397]

Already all in I think you're preaching to the wrong choir here. I'm actually trying to see if I can afford to go in 3k more but I'll be eating tuna, rice for 1 month so Idk if it's worth it.

[Anonymous No.9676647]

>>9676397
I sometimes forget that biz is not here to talk about business and finance but for shitcoin shills, wojaak posts and braps. But I am also almost all in and still accumulating even though I am not excluding some heavy dumps in the near futures. More regulations are coming, more coins are going to exit scam etc. which will eventually crash the market. But if you manage to hold through that stuff and if you are flexible in your coins (nu cult behaviour) then you will be rewarded in the future. I am talking about 10-20 years in the future so you have to be very patient.

[Anonymous No.9676722]

>>9675904

Kike detected. Gas yourself at the earliest opportunity.

[Anonymous No.9676783]

>>9675911

Kek, in one thread I'm apparently both Russian and FBI. That's awesome, who let the fucking boomers out tonight?

And what's the purpose of using a proprietary token for tracking people exactly? If it's just a ledger without public accessibility use a regular database. You're one of those "Bitcoin has no future, only blockchain" morons aren't you?

[Anonymous No.9676816]

>>9674576
>thinking anyone other than a self-entitled plebbit faggot would read this wall of stupidity

[Anonymous No.9676833]

Magnamous if butthole

[Anonymous No.9676855]

>>9674576
If only you fucktards replaced "cryptocurrencies" with Bitcoin I could take your threads seriously.

[Anonymous No.9676891]

>>9674717
OP confirmed for absolute brainlet.

[Anonymous No.9676896]

>>9676855
fuck off newfag

[Anonymous No.9676927]

>>9676896
Sounds like someone got triggered.

[Anonymous No.9676951]

Hedge with pm like gold. Gold has history and is a clear store of value.

>Inbefore coiners are butthurt
Yes, Bitcoin "could" be one too, but has yet to overcome a financial crisis.

[Anonymous No.9676959]

>>9676816
This is why you wont make it anon. Your brain cannot process something more than the usual shit posts on this board. It got so much worse in the last 8 months and is infested by absolute brainlets from /pol, /b, and other shitty boards.

[Anonymous No.9677014]

>>9676951
Look at how gold did during the crisis. The negative correlation in crashes is gone

[Anonymous No.9677032]

>>9674900
>>implying ww3 is not priced in to the plan

[Anonymous No.9677073]

>>9677014
Oh, right. Take another one and show me your meme graph again. As some anons already pointed out...gold is artifical inflated with paper gold around. Once the manipulation ends and it will in the next crisis (which will several times worse than 2008).

You think states like china, India, russia, japan etc are buying REAL gold, just for fun?

People cannot flee into low risk assets like bonds etc, because exactly that Shit will blow up.

New technology like BTC could lead to a new paradigm and options...but way too young and risky.

Hedging is the way to go. And always DYOR.

[Anonymous No.9677090]

>>9677073
*Phoneposting btw

Forgive me anons.

[Anonymous No.9677127]

>>9676959
no, i can just tell when something is horrifically formatted, incoherent rambling from some faggot who thinks they have some "hidden knowledge" others don't know about

[Anonymous No.9677167]

>>9674576
We've been shilling this for years when is the actual fucking crash going to happen fuck

[Anonymous No.9677184]

>>9677073
You are implying that the next crash will completely destroy the financial system and everything except for gold loses its value. Even though there is a shitloat of synthetic products on gold that does not mean that only the physical gold keeps its value. Only if the entire system collapses which is very unlikely. So your argumwnt is not really valid since you can easily also hedge with synthetic gold products if the issuer is very unlikely to default.

[Anonymous No.9677208]

>>9674652
can you post a larger resolution photo of that graph please anon

[Anonymous No.9677213]

>>9675907
>>9676100
Just look at Venezuela and Zimbabwe. When the system collapses and the currency becomes worthless people will flee to crypto.

[Anonymous No.9677231]

reminder the sage and hide these commie/Kidcap threads

[Anonymous No.9677234]

>>9674576

https://www.youtube.com/watch?v=BKr1BTIuBzc

Don't worry. Nationalsocialism will come to the rescue.

[Anonymous No.9677241]

>>9674717
>BCH(35% inb4 bcash bcash), EOS(15%), BTC(10%)
rofl; forget it

[Anonymous No.9677242]

Cool story op. Guess what, another delusional larper in my eyes.
Stock market had a crash a few months ago, the first one...

Biz was laughing at the boomers. Guess what the larps were saying here? They would bring their funds into crypto
>Btc absolutely shits the bed

[Anonymous No.9677260]

>>9675727
>How is this even possible?

[Anonymous No.9677261]

>>9677234

[Anonymous No.9677345]

>>9677242
You think that was a crash? Anon please...

>>9677231
I am full time capitalist. Nothing I stated was even sligthly communist

>>9677127
Its not hidden knowledge, you are just too retarded to see it.

>>9677208
I dont have it in a higher resolution but its bigger

[Anonymous No.9677416]

>>9675749
based

[Anonymous No.9677424]

>>9677345
They aren't gonna bring their beloved safe investment money into a ponzi scheme market where all they have heard about recently is btc crashing and regulators upping policy.

Prove me wrong, I want to believe. But I always play devil's advocate to keep the delusion in check on biz.

[Anonymous No.9677462]

>>9677424
Exactly this is the unknown factor. Stuff Like cryprus 2013 are indicating sth, but who knows.

[Anonymous No.9677464]

>>9677345
>kidcap
Fuck off fag
Ancaps are arguably worst than commies, definitely just as stupid

[Anonymous No.9677512]

>>9676010
so how can i make money off the crash.. far away SPY puts?

[Anonymous No.9677532]

>>9675483
>I am trained in gorilla warfare
ok pajeet, gorilla warfare... kek

[Anonymous No.9677547]

>>9677532
you have to go back

[Anonymous No.9677552]

>>9677424
Crypto will evolve to something more eventually and we can just hope it does it before the markets crash. If it would crash this year then I dont think there would be a big inflow of money. However, the story looks completely different in a year or two when the market is hopefully better regulated and volatiliy decreases. Investors wont allocate their complete portfolio in crypto but it would be a good move to switch some of it to HEDGE against the market.

[Anonymous No.9677580]

>>9677552

>this level of absolute delusion

[Anonymous No.9677768]

>>9674576
Dumbpill of your life

Something cant be both stablr and sprculative

Crypto is the most speculative asset

It will drain first in recession dumbass.

Order is:
Crypto
Stocks
Bonds
Land

[Anonymous No.9677866]

>>9677512
>someone predict the next market crash for me

[Anonymous No.9677913]

>>9677532
Your new is showing faggot fuck off

[Anonymous No.9678140]

>Having any debt
>whatsoever
>not having your own water well and filters with enough food in veggies and some fruits
>not owning your own farm
>not having a gun in case the ultimate shit hits the fan


Must suck to be you. seriously though, live debt free and hold your positions, or better yet, buy the S&P and DOW dip. easy money.

[Anonymous No.9678154]

>>9678140
>dip
LUL

[Anonymous No.9678187]

>>9677768
1 BTC = 1 BTC

[Anonymous No.9678578]

>>9674679
>Renminbi

China's debt problem makes the Italy debt problem look like a minor blip on a chart.

China is literally sitting on an ocean of bad debt AND they keep pumping more and more into shitty state-owned companies without reforming them.

China will be the source of the next global economic disaster, not the US or Europe.

[Anonymous No.9678899]

>>9674717
you're a moron

[Anonymous No.9678902]

>>9674576
hey I just read your entire post. It was a solid read. Just to be clear your red pill is go all in on crypto?

[Anonymous No.9678935]

>>9675505
this is already happening on wall street you fucking moron. inform yourself you over confident dumbass.bitcoin is a non-correlated asset

[Anonymous No.9678951]

>>9675639
100% here

[Anonymous No.9678982]

>>9678935
$125.086.368.224 mcap. FUCKING mcap of bitcoin.

Clearly nobody is using it for hedging. You don't have any clue how much money is out there, right? Deluded as fuck.

[Boy next door No.9679013]

>says crypto is great and won't suffer
>Says it twice without any further elaboration
>Press_X_to_doubt.jpg

[Anonymous No.9679053]

>>9677213
Wtf? Is this true?

[Anonymous No.9679071]

>>9679053
Who cares? The people are already poor as fuck and shithole countries wont have any real effect

[Anonymous No.9679091]

>>9679053

>when people are in danger they flee to danger

don't be retarded. these are fantasies that cryptards have. they're desperate to dump their bags

[Anonymous No.9679167]

>>9678982
that is what i meant hotshot. i see that my language was not clear enough for me to declare victory however. wall street does have bitcoin funds that are used as a hedge

[Anonymous No.9679176]

If the world goes to shit, people will not hedge their money in imaginary meme coins where a small group of people owns most of them. Sorry but that is delusional

[Anonymous No.9679183]

>>9679091
>fiat in collapse
>let's just hold fiat
brainlet.jpg

[Anonymous No.9679480]

>>9674576
>we are at the end of an big debt cycle
An intelligent discusion on /biz/? We must surely be near the end times.

[Anonymous No.9679511]

I agree with short-term and longterm debt cycles speculation.

I don't agree with the idea that crypto-currencies will be a bastion of last hope for investors or the common people. It sounds promising, but at the end of the day, you will always need a government-backed currency to support a family (or yourself) financially. Governments wont be able to survive if everyone uses crypto - it will become a threat if used mass-scale and will be regulated to death. Most people trade cryptocurrencies to cash out to fiat, very few people indefinitely hold or pay their bills with crypto. If the equities market crashes, you better believe that cryptocurrencies will be no exception - we've already seen this play out twice now when the SNP and NASDAQ took a plunge semi-recently.

The market crash you speak of will begin in 2020. All my my research points to this, take it face value or not, either-way I'm preparing myself.

[Anonymous No.9679521]

>>9679511
How does one prepare themself

[Anonymous No.9679528]

>>9674576

How do I short Italy? Fuckin Mario & Luigi have done one mushroom too many.

[Anonymous No.9679555]

>>9674576
Lmao as if you can time these things. Economics isn't a natural science that would allow someone to model it perfectly. The next recession could be right around the corner, could be in the next 5-10 years.

But I agree that a recession should lead to higher BTC prices, but probably not explode the prices because normal people buy other commodities in times of recession. BTC has not proven itself enough for normans to buy in.

t. MSc econ student

[Anonymous No.9679627]

>>9679521
kneepads

[Anonymous No.9679628]

>>9677532
>When the new guy wants to be smart and shiet but ends up making a fool of himself

[Anonymous No.9679699]

>>9679555

Actually, you can, but only to a certain degree.

When countries begin to go bankrupt, that's a sure sign that things will begin to deteriorate overtime. We have seen this over-and-over again.

Look at the current state of the global economy - there's no cookie cutter methodology to time it, but there are very clear warnings and signals. Shit always rolls down the hill, any economic power that collapses weighs heavily on all other markets.

[Anonymous No.9679730]

wew lad

start the machine fomo golden bull

[Anonymous No.9679749]

>>9679555
I never said that I could time it but I prepare myself by filling my pockets with cryptocurrencies. I dont really care if it starts in one or three years.

[WARNING WARNING No.9679869]

PRIOR TO SECOND BTC ALL TIME HIGH PRICE
THERE WILL BE A MINUSCULE AMOUNT OF TIME (FIVE MINUTES TOPS) IN WHICH THERE WILL BE A ETHEREUM RUN UP TO $964
THIS IS THE FINAL OPPORTUNITY FOR CRYPTO TRADERS
TO SELL THEIR ETHEREUM TO LOCK IN GAINS
LOOK AT THE DUMP ORDERS - IF THERE ARE INSUFFICIENT ORDERS PRESENT, THERE WILL BE A PUMP!
LAST CHANCE TO SELL ETH WITH PROFIT !!!

[Anonymous No.9680098]

>>9674652
And war

[Anonymous No.9680140]

>>9674576
T. Peter Schiff

Lmao all you kids watch doom and gloom fiat collapse videos on YouTube all day meanwhile have no actual clue about economics

Tout the crash all you want, you're doomsday scenario wont happen. Well have a recession like any other for a bit then another decade+ long bull market. Stay poor, plebians

[Anonymous No.9680171]

>>9677213
That's why Venezuela, with the help of Russia, created the Petro cryptocurrency. It's crutches for their failing bolivar fiat. I expect the U.S. to do the same. ICE is making a crypto exchange so we will have a bitcoin exchange and the NYSE. They can't prop up the stock market for long.

The Venezuela connection to Russia has me looking into this hard.

>"Members of the Venezuelan Ministry of University Education, Science and Technology under advisory of the Russian government allegedly designed the petro to circumvent United States sanctions, with Russian president Vladimir Putin devising official involvement. During the ICO petros could only be purchased from the Venezuelan government with Russian rubles, Bitcoin, NEM and Ethereum."

>This statement aside, we now also know that the father of the talented Canadian programmer worked in hardware business, moved from Russia to Canada in 1999 and has had investments in Bitcoin in the past. Sadly, those investments were on Mt Gox, which at the time looked like the most trustworthy cryptocurrency-related organization, and these initial funds were lost after its collapse.

Vitalik's dad, Dimitry Buterin is very much involved in crypto. Vitalik's mom Natalia Ameline is also involved. Russia has been accused of affecting the 2016 election in the U.S.

>"Explaining the gist of hard forks to a correspondent of Radio Liberty, Dmitry Buterin offered to imagine if the Russian government takes the open source code of Bitcoin and launches the new “Russian Bitcoin” without the main attractive features of the original cryptocurrency - of course, the market is not going to accept and use anything like this widely."

Only thing that could clear up the U.S. from crashing is entering a war. U.S. and Russia war could happen and it may involve crypto.

[Anonymous No.9680192]

If there is really an brutal economic crises we already know, where the wealthy will parking a part of their money, if they even want to park money in cryptos.Obviously it will be ZEC and not a single other shitcoin. Its no coincidence the financial regulators said yes to ZEC and you can buy it on the twins exchange for USD.

[Anonymous No.9680217]

>>9674630
Kek
I read every picture with a more retarded voice

[Anonymous No.9680224]

>>9680140
That would be a new one. Tell me how the ecosystem on europe should stay alive?

>Muh i don't care, the doomsday wont come, but don't ask me about economics

[Anonymous No.9680354]

>>9674592
>namefags in charge of being retarded
t. Pottery et al.

[Anonymous No.9680387]

>>9677532
fucking newfag, lurk three years

[Anonymous No.9681092]

>>9674652
>find 1973 on any chart regarding the USD
>always where it starts going to shit

[Anonymous No.9681224]

>>9677532
newfag

[Anonymous No.9681244]

>>9679053
Yes, go to /r/venezuela or something like this and ask, people with bitcoins are surviving there.

[Anonymous No.9681264]

>>9680224
nigger, my crazy uncle calls for the collaps since 30 years now, with exactly your arguments
all this gloom & doom is for you lowtest numales the same as being borderline for women

[Anonymous No.9681292]

>>9677532
look at this newfag, look at it and laugh

[Anonymous No.9681359]

>>9674576
>loses job
>can’t feed family or self
>thank god he had 15 bitcoins

[Anonymous No.9681383]

>>9681264
>the EU existed 30 years ago

[Anonymous No.9681439]

>>9674717
lmao i was with you until bcash and eos

OP is tarded guys, move on.

[Anonymous No.9681444]

>>9681383
different conditions, always the same arguments
you basedboys need your drama and reasons for nihilism i guess?

[Anonymous No.9681458]

I fucking love larpers. These are the kind of fantasies teenagers have been posting on 4chan the 12 years I've been here and they always say the same shit.

Nobody is buying your edgecoin, stupid.

[Anonymous No.9681820]

>>9681439
Lets hear your opinion if what's your 1-4 coins from lead off to clean up spot?

[Anonymous No.9681858]

>>9680217
go back