/biz/ - Business & Finance

>>56622263
It's not completely wrong. There are definitely speculators. I wouldn't be surprised to see an initial jump and then mostly sideways movement for a while. But I think also it's possible the price from here just trades sideways and then upwards over the course of about a little more than a year.
>ETF launches
>selloff
>hodlers accumulate more bitcoin
>buyer momentum is buoyed by this and new ETF buys, plus existing demand from the upcoming halving
>halving happens, miners have less bitcoin to sell not only to their traditional customers, but now also all the spot ETF buyers

>>55361738
>>55362893
the bottom is probably $20,000ish and the only things that come to mind that could possibly bring us there is another exchange crashing (or hey getting banned in the usa, kek), or a 2020-tier recession/recession fear. Whoever is buying just thinks this is a good price right now.

michael saylor? el salvador?

>>55108255
a 10-20x yeah maybe in like several decades lol

>>54989646
fpbp lol

is this a /pmg/ thread? gold is pretty cool, no hate to silver coiners

>>54754964
coins will have the biggest premium on them. bars are the best way to just buy straight up gold. gold is good if you plan on holding it for a very long time. if you have a good eye for good-looking coin art, maybe do those

>>53855670
qt

>>53236113
no, gold just barely outpaces inflation in the long run over hundreds of years. i wouldn't even have some in an IRA. unless you are a doomer or making computer chips, jewelry, doing some chemistry shit, or like to collect coins there is no point

merrrrrrry christmas

merry christmas yall
test
0xA03022957D15d373c3e5d71779e9dd2F17139a34

>>52822773
>dem eyes
nice niece, op

>>52745165
what does /biz/ think of my strat?

Art investing is kind of hard because you have to think about what people will like years down the road. And while generally I think if you are very familiar with something, genuinely like it, and buy it at what you think is a fair price, you'll make a profit, I think the whole "human taste" element has too much play with NFT art specifically. So, I'll just invest in the currency surrounding NFT art like ethereum, and maybe some apecoin. I have 0 risk buying something that looks stupid years from now, and no matter what does well, the currency used to buy that NFT art will still be in demand. Or higher demand if the NFT art has a boom. The only thing I would miss out on is some crazy 3- or 4-digit % change in the price on a specific piece or set of pieces. I know NFT's have other good, practical uses (and retarded ones), but I'm talking art right now.

By the way, is there any NFT art you really like?

>>52470805
>>52471040
this, op. gold is very resistant to corrosion, conducts electricity well, and people just like the look of it in jewelry and art. so there is more utility than you'd think

>>52430380
what's the point if it just beats inflation? it just looks slightly less risky than a 401(k) or ira

>Do people really believe inflation has peaked which allows the Fed to pivot
yes
>do people think the Fed just wont ever take inflation seriously?
no

>>50905644
this
>>50905633
it's a good way if you like really long hours, being on-call, no vacations, and tiring work

>>50872654
outside of being lucky, you'll never buy or sell at the perfect time