/biz/ - Business & Finance

>>26511122
btc goes up 200pct on average each year.

>>26511122
Sorry didn't listen
Did somebody just say thirty year bear market?

>>26511122
Fuck off, Schiff.
Just admit you were wrong.

>>26511122
gold shat the bed tho

>>26511160
so do bonds and the big stocks. yet BTC failed the true stress test. when SHTF, it plummeted.
not even fudding btw, i want to be proven wrong so i feel okay holding crypto long term.

>>26511122
Gold also shat the bed last year, the fuck you talking about?

>>26511240
>>26511283
to be fair, the gold dump was minor compared to all other assets.

>BTC tanked like any other stock.
No it fucking didn't, it was completely different. Kill yourself OP.

>>26511122
2012
>uh it's a new currency that the dark web uses it's anonymous you know
2016
>it's a new peer-to-peer decentralized cryptocurrency that will change everything
>2020
it's a store of value e.g. silver, gold against inflation. you know there is a hard cap and it will rise forever because of the deflationary aspect of bitcoin

fucking maxifags

Is not widespread yet. I bet most of the dump was caused by companies that needed the extra fiat during the pandemic. Thus proving the usability of bitcoin as a good asset to have before and during a crisis.

>>26511371
Yet it happened

>>26511443
Not trolling, but how was it different?
The market plummeted and so did the coin.

>>26511122
OP you retard
In a liquidity event everything dumps, and the dollar is king
>>26511185
Just check anon's chart here and look what happened in 2008


... I know you're just being cheeky OP, but newfags take note

>>26511460
It's almost as if more and more people who were poorly educated about it at first are beginning to understand what it was from the beginning

>>26511460
that's why the OGs and people who dyor already moved for the new darknet currency. Even satoshi himself is behind it.

>>26511938
>It's almost as if more and more people who were poorly educated about it at first are beginning to understand what it was from the beginning
Delusional

>>26511242
Gold went down too retard

>>26512036
Ok just ignore my pic's quote from Hal Finney in 2010 that describes exactly what we're seeing now then

>>26512036
Stay poor retard

Looking at the dollar value of bitcoin is to miss the forest for the trees. Even with the knowledge that people will cash out gains for FIAT. As software eats the world, everything gets virtualised. You can either keep shouting from outside the door or come and sit inside with us whilst there are still chairs left.

>>26511460
>the deflationary aspect of bitcoin
>bitcoin
>deflating
are people this retarded

>>26511460
not knowing the correct reason it works doesn't mean it doesn't work

>>26512189

>>26512473
What does this mean

attention KIKES. you cannot have my btc

now FUCK OFF