/biz/ - Business & Finance

So here we are.

Everyone was super excited their coins were for sure going to 2x tonight.

The problem is, look at every other shit coin. They are all in the same 2x position.

But everyone either went all in on their coin, or doesn’t have the liquidity to increase the price. And the market has completely seized altogether.


The exits out of the shitcoins are growing smaller. If you are a whale, it’s going to hurt getting out.

Ironically, CoinDOWN is kinda the only way to 2x tonight.

Prisoner’s dilema alert: will everyone hold, or slowly cause a cascading downfall in the middle of the night.

Meanwhile whale alerts won’t stop alerting me as to how the tether printer is going BRRRRRRR right now...

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>>27803153
>Go back faggot and take your instagram "meme" pic with you. What the fuck is wrong with you?

>>26120885
>gf

GET THE FUCK OFF MY BOARD NOW!

>>24433520
Live at home/ don't drink (excessively) or smoke.

I had more money than my parents at 18 due to my business, which actually made things uncomfortable. After that I just hide my actual wealth and continue to do so after this...

Avoid borrowing family money unless completely unavoidable. Don't say no, just make up an excuse as to why you can't or that you're poor too. that's advice to evreyone from XP.

>>24370738
Shit won't fall apart, at least not in the doomer sense. Nobody can really answer that.

Nobody is pretending right now, its just the majority of people don't give a shit, especially the races of you know what.

As long as people get their gibs, keep their worthless job they will be happy and pay Rent or buy overpriced assets.

What we have seen since 2008 is strong asset inflation, but not corrlated to consomer goods inflating at the same pace. It is true food ect has gone up, but it is mainly asset-based inflation.

The Government has caused this with excessive policies since 2008, therefore the Government is providing subsidies in the form of benefits ect. The majority of families survive of benefits, my brother and his family get more income from the Government than his working job though subsidies (rent paid 50%, $700 a month in credits for a child etc etc).

The future is you will be happy when you own nothing because the Government is gonna shove its milking machine in your mouth and look after you.

>>24369590
You're gonna remain a poor fag to.

Telling others "ngmi" when you FOMO into meme stocks as a poor fag, and got poorer doing so.

Not Going To Make It, WAGIE BAGGIE.

>>24339929
You can aquire debt to fulfil a happy consoomer life style. You will then generate grwoth in the economy so non-wagies investors like oneself can make money of pathetic poor people.

Really, the only time you need this is to get a house. It is a good rule to never buy anything on credit unless you are saving money doing it that way. You can't buy things you can't afford, that is how people end up working in retail at 65.

>>24338472
The lower class seem to demand policies that push their further into poverty and wage stagnation. Like others are saying, they are welcoming it.
The wagies will welcome the stimulus with open arms, a move that will now forever cement the end of any wage movement.

Already here in the UK, are furlough scheme has pushed wages down in real terms, contracts are being changed around all retail forcing wagie into *4 year every weekend* to minmimize work force to "cut costs."

Cutting out the working class, higher unemployment always equals to giving workers shit treatment because they are replaceble.

They welcome this treatment, just have a conversation with a minimum wage worker, hell even a worker earning under $15 an hour, they don't have a fucking clue...

If you told them the truth, they'd punch you and tell you to fuck off schizo.

>>24313705
HAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH

>>24278554
The FED money has barely entered the real economy. This is why they need stimulus to create any real money velocity from lenders to borrowers then into the real economy it goes.

The USD IS NOT WORTH LESS than it was before COVID, not by measures of inflation at least.

Stocks are being bought by institutions and retail investors because rates are 0%, there is also a case that extreme greed has been pushing them higher and higher on speculation and not fundamentals.

There are two ways this bubble ceases to exist, a unexpected event (war, your typical black swans take a pick) or more likely the FED rates start ramping up. However thats a whole can of worms and like thers have said here their view right now is extremely bullish to keep them low and printing.

Q/E is like a drug addict, he needs a bigger hit each time to get the same "high". This is the danger and it cannot last forever, the FED knows this but this solution now is better than 30+ unemployment ect.

We are in a bubble, do you trust the FEDs is the real question.

>>24274832
There isn't going to be a crash because the FED is backing the asset market. Waiting for a "crash" is something normies say. Crashes happen due to unexpected events, you cannot wait forever. I wouldn't wait anon, I'd buy now before they go up, even more, they are inevitably going to continue to go up until the FEDs bring back interest rates, even then I cannot see them decreasing.

Unlike stocks, prices of houses do not collaspe overnight, the FED will save them everytime.

Have you normies learned nothing?

>>24132024
How the market is closed.

>>24099849
My thoughts exactly, I had to scroll through some Pajeet shit I almost turned Indian.

> MARCH LOWS GUYS, FIRST RED DAY IN AGES FOR BOBO AAAA

>>23813445
>Trust me,

Don't care, didn't read, living life not dooming.

15 million dead, so what, stocks go up shut the fuck up.

>>23802644
He gave you a tip. Now get out

>WHERE CAN I BUY?????????????

>>23669999
>my 4 fig account means I know its the Jews!

>>23236075
We seem to see somebody say the impending crash every hour, so once a hour on 4chan biz.

Honestly, even without the predictable weekly COVID vaccine news line, a pullback is expected today.

Profit-taking after so many green days was in the futures before the "news"

> lock it down, lock it down> lock it down, lock it down> lock it down, lock it down> lock it down, lock it down> lock it down, lock it down> lock it down, lock it down> lock it down, lock it down> lock it down, lock it down> lock it down, lock it down> lock it down, lock it down> lock it down, lock it down

>>23055105
2008 was a blessing for the markets long term.

Are you gonna sit out of this golden bullrun too.

God bears like you are pathetic, just invest and shut the fuck up. It isn't that hard, economic hardships are for wagies, dont' be a fucking wagie retard.

>>22934050
OUTOUTOUT