/biz/ - Business & Finance

>>17728955
not very good but I do hope it crabs today and crashes into the fucking ground tomorrow so history will remember it being the friday the 13th crash

>>17716670
alright let's just cut to the chase here:

how many of you anons ACTUALLY THINK the world is over now due to the coronavirus? that civilization as we know it is dead and all major world governments will soon dissolve into anarchy and violence? how many of you sincerely believe this to be the case and there is no way to avoid it?

on a side note: what are your plans for the next year or two as a result of these beliefs of yours?

I tried to warn you fools about the yield curve you didn't listen

Hedge with coronacoin

https://www.nytimes.com/reuters/2020/02/28/technology/28reuters-china-health-crypto-currency.html?auth=link-dismiss-google1tap

>>17395077
>Don't diversify
>go all in at once
this is setting yourself up for psychological devastation if that one company happens to get hit

>>17395110
>no cash
I know Dalio said cash is trash, but it's nice to have that liquidity.
>asia puts
oh right, you're the guy betting against japan, thailand, and the other asian countries.

I got fucked on my YINN puts because china banned shortselling and large sales of stocks... pretty incredible, glad I didn't do anything crazy like double down.

>>17165056
>>17163172
define "nothing"

And how are you even evaluating their P/E? What's their debt and balance sheet like? Are you just buying because it's a nice meme and a product in everyone's kitchens?

>https://www.marketwatch.com/story/us-should-let-coronavirus-rampage-through-chinas-communist-party-says-hedge-fund-manager-kyle-bass-2020-02-09?siteid=yhoof2&yptr=yahoo
>‘We should take our supplies and go back home. Let the Chinese virus rampage through the ranks of the GT and the rest of the Communist Party.’
>That’s hedge-fund manager Kyle Bass taking aim at Hu Xijin, editor-in-chief of the Communist Party-backed Global Times daily newspaper, in a now-deleted tweet cited by Bloomberg on Sunday.
>Bass, chief investment officer of Hayman Capital Management, was responding to a tweet from Xijin in which he was complaining about U.S. aid arriving late.

>.@Jkylebass As an investor with 129K twitter followers, you uttered such a malicious curse. You bring shame to investors community and social media users.CPC members are ordinary citizens, fathers, husbands, wives, daughters… Dr. Li Wenliang is one of them. You should apologize. pic.twitter.com/SNO5c0235i — Hu Xijin 胡锡进 (@HuXijin_GT) February 9, 2020

>Bass, even after deleting his tweet, said he wouldn’t apologize. “You arrested, censured, and ‘punished’ (only God knows what you did to him and the other 7 doctors) the heroes of Wuhan,” he tweeted. “You are a disgrace to humanity.”

>He later called Global Times a “simple belligerent tabloid designed to stir controversy with western media and commentators.”

>When asked by Bloomberg why he deleted the tweet, he said in a statement he “felt that it was too harsh for the rank and file” of the Global Times, but that he will “never apologize to a self-righteous, attempted manipulator of public opinion.”

holy shit what a FUCKING LEGEND!!!

>>17147666
Checked.
I’ve been to Afghanistan and have a pretty feen grasp on how people still live in 14th Century shithole conditions even today.

My point was that given the patho of the virus, it shouldn’t be killing healthy people. It could be in every city in the United States but it will still only hospitalize or kill the same patient population which the flu or RSV would.

I understand how the PRC controls their news and the MSS disappears people on the reg, none of that changes the simple fact that this virus isn’t going to doom our civilization like it appears that you want it to.

Unfortunately nothing big will happen in Bitcoin until after Corona Chan runs her course.

Buy supplies and accumulate BSV.