/biz/ - Business & Finance

he’s a meme that inherited his wealth

>>25603846
This boomer is getting BTFO by his own zoomer son

everyone laughs about peter - the thread

fuck off scheming boomer KIKE

>>25603846
thy stole my meme

I better not see 40 fucking threads a year or two from now asking how to acquire silver and gold and which mining stocks to buy when metals become the new Bitcoin. Eat shit while I continue to build my position and you collect ones and zeroes.

>>25603846
this is good marketing is all. He is the official anti crypto boomer guy. There is a market for that, he'll rack-up all the boomers and normies buying the sound money meme. Plus he'll be the de-facto tv/radio/podcast guest for all the "iS crYptO a ScAm?" bullshit debates in the coming years. How do you guys not see this?

>>25604244
>10,000-year-old technology
>new

>>25604209
kek. I actually made that meme a few days ago.

>>25604249
Meanwhile crypto is a literal viper pit pyramid scheme to end all pyramid schemes. God forbid anyone promote actual physical sound money with millennia of precedent currently sitting at historically undervalued levels. /biz is so myopic it’s insane.

>>25604530
Green line go up though.

>>25604451
I honestly don’t give a shit if you have a problem with what I’m trying to convey, you’ll never convince me to buy into crypto. I loved listening to your boy Anthony Pompliano get anally buttstuffed by Peter on his own podcast.

>>25604244
>>25604530

>>25604613
Oh yeah I forgot. Rule number one of investing: parabolic gains are guaranteed to accelerate.

>>25604209
At least they fixed the formatting, it's 1,700 not 1'700

>>25604530
Viper pit, schiff .. sounds about right see what his clients have to say
https://topratedfirms.com/brokers/customer/europacificcapital-review.aspx
His funds 10 year return is negative

>>25604682
Go make another shitcoin thread. Lemme guess, you were a heavy GHOST bag holder or some shit.

>>25604622
>you’ll never convince me to buy into crypto
Oh no.
Anyway.
>I loved listening to your boy Anthony Pompliano get anally buttstuffed
literally who?
Why are you boomers so cringe?
Just admit you don't understand what crypto stands for, why does it exist, why does number go up and why every bubble goes higher than before.

>>25603846
millionaires don't buy bitcoin billionaires do

>>25604782
His funds have already made me thousands. And only a retard cryptobrain looks at a 10y market trend as indicative of future performance. Even most crypto shills aren’t this stupid.

>>25603846
>millionaires don't buy bitcoin billionaires do
- J.P.Morgan 2020

>>25604783
Since you asked, I went 80% LINK since in 2018. I come here to shitpost and make fun of the small minded.

>>25604807
>what crypto stands for
Kill yourself. Again, I don’t wanna hear any bitching and moaning when your “investments” go to zero

Do you guys think he holds a BTC position or that he’s drinking his own kool aid?

>>25604622
SEETH.

Also Pompliano is a fucking idiot.

>>25603846
>black and white portrait shot with blank expression and black background as profile picture
what the fuck is their problem

>>25604837
I went from 1500 to 240k this year trading shitcoins

Mad?

>>25604919
That greedy old oven-dodger owns at least 500 full BTC. Probably more.

Precious metal investors are schizos and you can't convince me otherwise. Literal tinfoil hat wearing conspiracy theorists

>>25604837
“I’m up thousands!!!!”
“10 years is a bad timeframe”
“Schiff good, I love paying his fund fees for sub par returns”
kek, what changed 12 years ago for gold? Bitcoin came along, all of this inflation especially since rona and gold has underperformed and will continue to underperform Real estate and equities, let alone btc

>>25604922
“POMP” is one of the most listened-to voices in crypto and is the literal embodiment of the self-righteous, know-it-all millennial “investor”. Every time one of you cunts spouts off against PMs thinking you know jack shit about investing I picture a faggot just like him behind the keyboard.

>>25604975
I don’t give a shit and I’m happy you’re making money. Your unrealized gains have zero to do with PMs and, frankly, zero to do with actual value and investing. Do you hit up the casino after you’re done trading for the day?

>>25604510
interesting i made it last year
parallel evolution of memes

>>25603925
This

>>25604888
Why do you get so mad when people point out your lazy ignorance?
>Again, I don’t wanna hear any bitching and moaning when your “investments” go to zero
Really? You are on a crypto board during a bullrun, seething. Looks to me like you're here PRECISELY in the hope of drinking some holder tears after the crash.
Won't be mine friend, I bought 2 BTC in 2017 and don't intend to sell until asteroid mining brings the value of gold below the price of plastic, per gram.
And asteroid mining is coming way before BTC encryption can be broken.

>>25605119
9 posts by this id, cope man holy shit

>>25604244
Do you actually have the good in your house? No? Then all you have is 1's and 0's to retard lol.

>>25603846
this guy is like the definition of boomer

>>25605045
Another delusional crypto shill who thinks btc and gold are in competition. Their market caps are in different stratospheres and one does not detract from the other.

>>25604975
He thinks one dollar of his unrealized gains are worth more than one dollar of your unrealized gains (because he is married to his investment)

>>25604510
I made you

>>25605234
I have all my physical holdings in my house retard.

>>25603846
dont post this ape here
who cares

>>25605216
>asteroid mining coming
Oh no I was about to take you seriously for a second.

>>25603846
poor guy is gonna be coping until his death bed

>>25605284
are you larping or serious? kek

>>25605581
Bog got nogged?

>>25605707
Gold market cap: $10T
BTC market cap: $850B
Take a time out from posting I think mama’s almost home with your tendies you lil’ wolf of Wall Street

>>25603846
Guy is desperately trying to save face on a daily basis. It used to be funny. Now it is getting sad.

>>25605877

When BTC has a higher market cap then gold, then you have my permission to dilate.

>>25605877
>gold goes up in usd
>”lmao told you usd cucks”
>btc goes up in usd
>”paper profits!!! unrealized gains!!!”

>>25604244
>>25604530
>>25604622
>>25604733
>>25604783
>>25604837
>>25605055
>>25605119
>>25605284
>>25605339
>>25605523
>>25605877
SEETHING

Fixed mathematical supply Vs maybe we know how much there is around...hmmm. Both have their place but the 1s and 0s have a lot more upside currently.

>>25604244
Anon, I...

>>25604510
That’s funny, I made this shit in 2014.

>>25605284
Confirmed sub 50 IQ delusional faggot. You are seriously a fucking retard if you don’t think gold and BTC are in competiton to some extent lmao

>REMINDER REGULATORS ARE CURRENTLY INVESTIGATING TETHER

This is your future. The subsequent rug-pull and lament of all the Normies with their sob stories will be the cover for the political push to outlaw all non-centralized government and bank controlled Crypto.

>>25607482
So we're going to be outlaws? This is better than I thought

>>25604622
>>25604530
>>25604244
kek, don't you have a PMG circle jerk you should be attending? don't worry the containment thread is full of people that will stroke your ego and assure you of your good financial decisions

>>25603925
oof. good thing his son is intelligent.

>>25604530
"crypto" is, sure. Bitcoin (by which I mean the real one, BTC) isn't.

>>25604622
You sure seem to be (ahem) invested in the anti-crypto meme, though. You know, there's absolutely no reason someone can't own both, right? I've got about $80K in gold and silver (basis cost probably around $40K), and I put about $3K in Bitcoin back in 2015, which is now worth $340K.

>>25604622
>>25605119
Man, you're really getting butthurt about all this stuff.

>>25605339
Well, enjoy getting burglarized, then. Of course, you could just buy "paper gold", in which case you could enjoy getting Corzined instead.

>>25605877
>Gold market cap: $10T
Which is not much higher than it was in 2012, price per ounce isn't even up 10%. (CORRECTION: I did a quick search and it's actually flat with the 2012 price, which hit $1920 in September 2012. Counting inflation, that means gold lost value at the same rate as the USD did. over the last 8.3 years.) I know, I looked at selling some of my Maples back then. Could've gotten $1792 IIRC. Didn't because the coin shop wasn't even offering me spot price.

>>25605216
>asteroid mining
the Hayabusa2 was built by Japans best and brightest over the course of 4 years
it cost US$179 million to build and brought back 5.4 grams of surface dust from extreme near earth 162173 Ryugu after 6 years in space

that's US$33.1 million per gram

have fun with your asteroid mining, anon!

>>25603846
I bought over 20k gold and silver as soon as coovid hit. I wish I had put it into Bitcoin, I hate holding this fucking rock.

>>25607914
This is people's first reaction to most crises in the US. Buy gold and guns. Completely retarded. You need to use crisis to make gains. You do not do that by buying a very safe, but more or less completely stable asset.

>>25604244
dat you Peter?

Thank you to the anon that told me to buy SPY calls for today, I made some decent gains and will now have enough to splurge a little.

I'm going to see Krystal later today at the motel. She's a bit pricier than some of the other providers I'm used to but I believe I've earned the right to splurge a little after this mornings gains.

Her rates are 300 for the hour but I never last long enough to finish the session. I hope she allows me to cuddle with her for the remainder. Some providers believe it or not don't enjoy cuddling for whatever reason.

>>25608280
Global lockdowns are a precursor to increased inflation and collapse so buying gold makes sense. I still have BTC however.

>>25608523
is pic related named tanja by any chance?

>>25605045
I think people (the elite, anyway) have finally become collectively smart enough to conceptualize value as something arbitrarily abstract, but concrete in the sense that there needs to be "work" or "effort" put into the system.

So, mining and refining gold is no different conceptually to grading a civilizations ability to mine crypto tokens; any country population clever enough to mine these things has proven they have the cultural and technological sophistication necessary to out compete, at least theoretically, their competition.

You could make countries compete to see who can make the most pink paint, or find the shiniest pebbles, it doesn't' really matter. Crypto is the gold of the future.

>>25607482
Next level FUD if I ever saw one

>>25608560
Well I don't know her real name but I know the name she uses on her ad is Krystal. Then again I know more than 1 Krystal that does this line of work lol.

>>25607914
>>25608280
there is no crisis
we are still on the gravy train of QE and low interest rates so investors don't seek safety, they seek extreme risk for extreme reward
interest rates are like gravity - high interest rates puts liquidity in banks to collect safe returns, low interest rates forces liquidity to seek returns in riskier and riskier places

once the crisis actually comes interest rates will spike and QE will go into overdrive in an attempt to stop the rise, however the QE will just make the currency more worthless, causing investors to demand higher interest rates, resulting in more QE and that is when liquidity will run down Exters pyramid into gold until governments restructure their currencies

>>25603846
are these twitter faggots doing the black and white on dark background picture profile just to mock him
kinda based for soibois if so

>>25603846
>which may explain why regulators aren't in a hurry to help pop the bubble
Is he asking people to chop bitcoin down?

>>25607914
>>25608280
Same here anon, if it makes you feel any better. I don’t mind holding a little bit of silver and gold but no one needs more than a few ounces of gold to diversify there portfolio and keep as an emergency fund of sorts, thats all I see the metals as, so I will keep buying a little bit every once in a while. Also notice how I didn’t say everyone needs silver, as soon as silver goes up to a price where I can make a decent profit I’m selling every last troy ounce that I bought and putting the money towards literally anything else, I don’t know how /pmg/ fags can argue that silver holds it value over time when gold has consistently done like a (albiet very slow and safe) 20x since the 70s while silver has hit all time highs in the 80s as well as the ‘10s, people say its undervalued but really its shit

Crypto has no future , can't wait to see you plebs cry and moan =))

私たちは・・・友達でしょう?
ね・・・

>>25607914
>>25608280
>>25608672
the key thing to understand here is that governments will eventually back their currencies with gold once more, not because they want to but because they have no other choice
once this happens everything will be priced in gold and no one will want to trade their gold for bitcoin, making bitcoin worthless

On second I change my mind. I don't feel like spending 300 for pussy. I'm just going with the cheaper option. It's time I started saving my money and all this reckless spending habits are going to lead me to financial ruin.

so CLF wigger is fucking rich now isnt he. fuck this stupid world, so demoralizing

>>25609018
You should be happy for people and stop being so bitter.

>>25609064
fuck that

>>25603846
Schiff has got a lot of crypto and is simply trolling the shit out of people who think are trolling him

help i followed peter schiffs advice and my returns are -3% for eight years

what do i do????

>>25609127
the only person you are hurting with that attitude is yourself

>>25607872
Kind of missing the point here, anon.
I meant that if technological innovation continues, gold is in more danger than BTC.
Asteroid mining requires breakthroughs in autonomous AI, efficient spacecraft propulsion and that's pretty much it. First one is almost here, the second is either solved already and kept under wrap or will be somewhere in the next 30 years. After that it's just a matter of when, not if.

Forget about cheap shit tokens, don’t be an idiot! Go Base and make profit while they are making rebase!

>>25603846
>btw gold is down over 2 fucking percent today LMAO
unironically good entry, backtested old resistance as support and will moon from here

>>25603846
That’s him on the right? Holy fuck this lockdown has not been kind for his aging process. Probably andrenachrome withdrawal

>>25604530
How can it be a pyramid scheme if there is no apex? Nobody started crypto. It's a free market, not a marionette.

>>25609790
Nobody owns* crypto, rather

>>25609790
A pump and dump is similar to a pyramid scheme. An asset being pumped and dumped can still be valuable and seeing increased real demand over time.

>>25603846
Gold would be a better inflation hedge if we could get an actual number of ounces in vaults, the trouble is most people who invest in gold all own a claim on the same bars you could 100 people who all think that bar is there’s. Also some vaults may not even have any gold the US government could be lying about how much they have so we have no idea how much gold actually exists, I’m not anti-gold I own a lot myself I just think bitcoin solves the verification problem and is therefore a better inflation hedge

>>25609733
“Moon”
underpeforms inflation while btc hits 150k within 2 years, kek

>>25607482
SELL SELL SELL

>>25607482

>Michael Saylor coming forward and saying he was wrong.

at least make it somewhat realistic

>>25610580
Yeah the rest of them are good but that one is too obviously fake

>>25604244
Okay.

>>25610636

that and Elon writing complete sensible sentences instead of spasing out an array of dank memes

>>25610331
This my problem with gold. Since you can never have a verified supply, it can be rife with manipulation by the most powerful

>>25604622
>you’ll never convince me
getting emotional over investments is a surefire way to lose money
you're pathetic

>>25607482
>someone actually spent time editing this
very sad

>>25610677
when something has more value than physical assets, i'm extremely concerned. Governments could just say fuck you to bitcoin yeah?

>>25609664
Protip: Everyhing Musk does revolves around asteroid mining. His boring company, Tesla's batteries and AI systems, the rockets, are all components for making asteroid mining viable. He just doesn't go around telling people that.

>>25610331
Another big thing for me is to be able to switch to hedging against the establishment quickly.
If I buy paper gold I don't really own it and if I buy physical gold it takes time to deliver. The only way I can switch from fiat or other assets handled by middle men into something I personally own fast is by buying BTC.

>>25605581
the uggliest of niggers

and that's saying something

>>25605581
is this a real picture or

>>25604244
lol you wont

>>25603846