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/biz/ - Business & Finance

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54217257 No.54217257 [Reply] [Original]

My customers are making withdrawals.I don't have enough cash to fulfill the withdrawalers. So i gotta sell some stuff to make it happen. So i started selling:
1) bonds
2) random stocks
3) future contracts like for crude oil

good thing us banks have lots of stuff we can sell. you see the price of these things crashing, yeah its cus all bankers are selling these things.

The one thing we don't have any of, so we can't sell, is BITCOIN. That is why it is uneffected by all of this.

>> No.54217284

Ohhhh so that’s why the volatility and returns for Bitcoin is trash, because there’s no guaranteed buying power to prop it up and it’s entirely speculative.

Thanks banker anon for clearing it up, I’ll make sure the only buy assets with hard legal backing and actual utility going forward like government issued currencies and legally obligated equity.

>> No.54217295
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54217295

>>54217284

>> No.54217420

>>54217257
That's why the Fed opened the window last week. Push your securities through the window and get the cash. They literally did it so you bankers wouldn't have to sell any more stuff.

>> No.54217480

>>54217257
If you think fed raises rate sell bonds.
Else sell oil.

Stonks in productive companies are worth holding onto.

>> No.54218740

>>54217257
DONT SELL THE BANKERS YOUR BITCOIN!