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/biz/ - Business & Finance


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15329753 No.15329753 [Reply] [Original]

Things are about to get ugly , the age of entropy is about to start , if you thought things were insane now , things are about to go crazy.

-Interest rates at near 0
-Europe economic slowdown
-China economic slowdown
-Japan South korea trade dispute
-India economic slowdown
-Boomers retiring in the west
-Pension funds broke
-Milenials broke
-Demographic collapse in western countries
-Africa population boom
-Car industry total collapse
-Milenials moving into city centers due to lack of cars
-Housing unpayable at centers
-Boomers won't sell houses due to shitty pensions
-Global housing bubble due to money printing
-Post bretton woods system about to die after negative interest go bellow 0
-Global debt bubble
-Solar Minimum 2020 causing lower agricultural output
-Incoming Recession
-Argentina defaulting on 60% of all worldwide IMF funds
-Attempts at gun confiscation in the US
-Negative interest rates
-Antibiotic resistant super plagues
-Cryptocurrencies as a way to escape negative interest rates

The world has gone full retard and we are about to pay for it very soon.
There is no way out now , once the economy goes to shit they will need to pull negative interest rates and literally be forced to spend your monthly income or lose it(countries like australia are already moving to ban cash by putting limits on cash purchases , the same in the european union).

That way clown world economist will want to stimulate the economy since people will buy rather than lose the money.
Of course the clowns ignore that this will create massive bubbles and people would escape via cryptos or gold.

Only way this insanity can continue is by abolishing cash and forcing everyone into digital fiat that loses a % every month if not used.
The retardation of this is unbelievable because it will separate society between those with capital acumulated in previous era and those without it.
Literally serfdom and worse the serfs have been moved to big cities like in the industrial revolution.

>> No.15329796
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15329796

>>15329753
If you own at least 1 bitcoin you will be the new elite after the coming fourth turning.

Next year once btc has lower inflation than the usd , euro or gold it will become clear how bad things truly are in the fiat monetary system.

We all sense it , inflation is destroying everything , property bubbles have caused increased property taxes due to revaluations , milenials are out of the market and can't buy them , everyone is into income tax levels because the politicians gain nothing by upgrading them for inflation.

We are on the verge of a world changing event, entropy is increasing , the system can only survive by stealing energy from outside , and the taxes keep increasing non stop , the milenials have already fallen and won't become independant anytime soon.

Now boomers are starting to get raped by taxes and their retirement funds are buying bonds that give negative interest..

We have entered full clownworld.

>> No.15329821
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15329821

>>15329753
Meanwhile bitcoin inflation wil be bellow fiat next year so if you own bitcoin you already made it , bitcoin and ironically the usd will be the last thing standing.

Why the usd?Boomers will escape there mostly since investments will all give negative returns , and even housing will become a bad hedge against inflation , since houses are revaluated and taxed according to their value soon every house will be taxed as a richfag mansion.

Also young people won't be buying 2M usd cuckhouses anytime soon , so no one will ever buy them while they will be taxed more (clown world i know).

>> No.15329862
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15329862

>>15329753
The everything bubble can't sustain itself anylonger , even with negative interest rates the youth has been so fucked up that they won't be buying shit anytime soon , boomer pensions are going to be fucked too and genx will realize they will never retire.

Meanwhile bitcoin will be having it's third halving next year and game theory forces bitcoin price to rise after such an event.

1_All the miners have a reduction of 100% of their income in bitcoin.
2_Their electric costs remain the same.
3_They now earn 50% less
4_They refuse to sell at this price because they know everyone else doing mining is under the same situation.
5_Price starts to go up due to lack of supply in the market.
6_Eventually price does 50% increase and miners could be in the green again.
7_Speculation starts at what will the top price be.
8_Miners still refuse to sell because it could go up even higher.
9_Miners having different electric costs all have different breakeven price.
10_Price keeps going up as news spawn all over the world.
11_A bubble starts to form
12_Some miners start to sell to pay electricity
13_Bubble becomes insanely big
14_All miners start to sell.
15_Fees become massive
16_Bubble explodes
17_Price collapses 83%.
18_The new bottom where everyone tells bitcoin is dead is literally so big that years before it would have been considered insanely high and that it would never happen.
19_Bitcoin starts to grow again in the next halving.

It's easy to assume that bitcoin will do good but looking at the past we see how good it may do next year.

>> No.15329873
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15329873

>>15329862
First period 2009 to 2012(pre halving)
Available: 10,500,000 BTC (50% mined)
Price increased from : 0.1 to 31 $ (319 times growth)

Second Period 2012 to 2015 (1st halving was 11/2012)
Best Buy was a year before Halving
Available :15,750,000 (75% mined)
Price increased from : 1.85 to 1135 S (575 times Growth)

Third period 2015 to 2018 (2nd Halving was 6/2016)
Best Buy was a year before Halving
Available :18,375,000 (87.5% mined)
Price increased from : 165 to 19k S (115 times Growth)

Considering that the low value after the bubble has been 3200 usd let´s assume we grow instead of 115 times , half of that(a massive reduction in growth) , 57,5 times.

That gives us a price of 182k somewere around 2021.

And this is assuming a massive slowing down in the price increases happening between halvings.

Also bitcoin will have lower inflation than the usd and eur early next year.

Assuming it keeps with the trends and we grow let´s say 100% we are going to 320k.

But we will have lower inflation than the usd and eur so relative to fiat it will be a constant growth so maybe John does not eat his dick.

>> No.15329890
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15329890

>>15329873
But muh no one will use bitcoin during a recession.

WRONG

Bitcoin is used for international wires

for example let´s say that britbongistan ask loisences to send money.

So you do

100 GBP > 1 BTC > 90 USD

notices the last part 1 BTC > 90 USD

When you do that movement you sell the btc to someone doing the same in reverse.
So there is a constant demand of scarce btc to do international transactions.

After the halving the ammount of btc created per year is reduced by half.

So now you do

100 GBP > 0.5 BTC > 90 USD

all that changed is that you now use less btc for the same transaction due to them being rarer.

But for the investor it´s literally massive gains.

https://www.tradingview.com/chart/BLX/oKh54NhX-Bitcoin-Halving-and-Charting/

https://www.tradingview.com/chart/BLX/vTkvzzQY-The-die-is-cast-the-four-year-cycle/

The die is cast britbong , join now or never as the halving aproaches.
If you do you and your children will thank me forever for explaining you that above , few people really understand it but i have explained it to you in retard terms.

If you think about it and understand it and specially ACT AND BUY , you will make it , join now or never.

The us elections will happen near the halving making it even more powerfull than ever.
It´s once in a life chance to make it rich and fuck the boomers.

IN SHORT bitcoin does not even need a growing demand to grow in price , even at a stable constant demand the price will grow due the supply collapse.

>> No.15329932
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15329932

>>15329890
So with so much shit going on bitcoin not only will become a reserve currency but a paralel wire system , due to the growing ammount of regulations the normal bank systems will endure during the next crisis(to prevent bankruns).

Other coins that will thrive in the coming crisis will be bch , ltc and xmr.

There is no escape from this crisis anymore , it's a demographic winter collapse , too much boomers , too litle young people and already overtaxed , negative interest rates policies are the last attempts of the clown world order of escaping the shitstorm that's coming.

>> No.15330067
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15330067

>>15329753
BUMP
U
M
P

>> No.15330138

>>15330067
u summed it up pal what kind of discussion do you want

>> No.15330173
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15330173

>>15330138
Opinions about how people are feeling society where they live , it seems things are going full clownish everywhere but at different speeds

It also seems there is a global economic slowdown going on unreported , everywhere people are commenting how bad their personal economies have become but nowhere you see news about economic problems , maybe a slowdown in germany but not much else.

What are your toughs about the next 5 years anon?

>> No.15330227

>>15330173
idk economic slowdown (domestic and abroad) seems to be pretty reported in burgerstan

>https://www.cbsnews.com/news/us-recession-2019-3-reasons-a-serious-slump-may-not-be-imminent/
>https://www.politico.com/story/2019/08/20/donald-trump-gop-donors-recession-1470360
>https://www.cnn.com/2019/08/20/politics/white-house-payroll-tax-cut-economy/index.html
>https://www.reuters.com/article/us-latam-economics-recession-analysis/latin-america-lacks-ammunition-to-fight-global-economic-slowdown-idUSKCN1VA1YH

desu i wouldn't be surprised if the global recession is delayed until 2020-21 bc of politics in the US, then things slowly collapse for a few years without a "crash" like everyone is expecting

a crash seems too convenient and given the traditional factors that lead to/cause recessions (inverted yield curve, qe, credit defaults, etc.) it seems more likely that there will be "reduced growth" for a number of years, with investors chasing yield wherever they can (like crypto)

agree w u on monetary crisis - qe/negative bond yield will force people to find alternatives, whether it's junk corp bonds, crypto, boomer rocks, or some new alternative investment vehicle

>> No.15330289
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15330289

>>15330227
Good analysis , i think the same except i do see a collapse all central banks are going full clown world reducing rates to 0 again, euro economy is slowing fast , china who knows wtf is going on.
The entire car market is going to be rekt due to milenials being financially destroyed , this can't be prevented with quantitative easing or anything it's a reality.

European countries can start collapse like a domino after that even if it's a -1% recession it's not something that can be stopped as every country would have 1 year of -1% growth , then more negative interest rates and 1% growth and repeating until the society returns back to feudalism in a decade.

Something is going to break first as people won't tolerate that shit for years , south america is slowing down fast too , india too , china who knows wtf is going on.

Burgerstan will be the last country standing but the post 9/11 banking regulations and now anti crypto regulations will make it a bad place to invest if you lack burger citzenship as they will share financial data of foreign investors with their economically crippled governments.

IDK honestly , we are in uncharted territory.

>> No.15330291

>>15329890
why the fuck are you trying to mislead /biz? btc literally CANNOT act as a middleman currency for international wires. It takes way to fucking long for a transaction to go through. There is a coin that is working with almost every single bank/FI on the planet that will be used for this exact purpose but you are probably too ignorant to even realize it.

>> No.15330332

>>15330291
10 minutes is the average blocksize btc is working perfectly.

>> No.15330373

>>15330332
>average blocktime

>> No.15330465

>>15329932

Dont forget about DAG Constellation. Huge event coming for them too. Elite utillity tokens like VIDT will also explode.

>> No.15330500

>>15330291
bitcoin can handle $100m+ transactions well, with reduced volatility compared to other coins, there's no point to using it for smaller transactions - even $1m+ would be a waste

>> No.15330514

>>15329753
I’ll just kill myself if this happens. No big deal, I think you worry too much.

>> No.15330544
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15330544

>Get /fit/
>Join military
>Get SOF training
>Save money like a madlad since cost of living in the military is low
>Can invest at the peak of the crash if things stabilize, or be prepared to survive in post-apoc world
Is this the best path going forward?

>> No.15330568

>>15330173
I live in Spain.
Economic crisis was deadly.
Thanks to conservatives and budget sobriety the last years have showed improvement.

>> No.15330588

>>15329753
We need another crisis.
It will be healthy.

>> No.15330594

>>15329753
>Attempts at gun confiscation in the US
This one should provide some keks. What do you burgers love more: your namesake (a burger) or guns?

>> No.15330616

>>15330594
guns are sick, don't be salty bc your socialist country doesn't have any faith in its constituents. we don't need them for protection, we need them for population control

>>15330544
are you retarded?

>> No.15330641

>>15329890
TLDR BUY LINK

>> No.15330671

>>15330138
>FU mr JaP
Nips about to get hiroshima'd again

>> No.15330675

>>15330500
Not only that but bitcoin has scale economies advantages while traditional payment methods cost a % to send money btc costs a fee that basically means that the more money you send the cheaper it get's.

>>15330568
>>15330588
Yes but the socialist won again , it seems that worldwide reasonable governments win 1 term and loose 3 terms.

>> No.15330713

>>15330616
>don't be salty
I'm not salty at all lol. Genuinely curious if you burgers are willing to shoot the people that come for (if they come for) your guns.

>> No.15330834

>>15330588
>It will be healthy.

The demographic problems are already here caused by the welfare state , only a crisis that last more than 25 years will revert them shit's fucked up.

>> No.15330845

>>15330544
>Get sent to die in Jew war.