/biz/ - Business & Finance

Hey, not everyone on /biz/ is a crypto-brainlet.
Some of us know how to use punctuation!

oh look. its those guys who are so risk averse they dedicated a large part of their lives to being angry at speculators in a new asset class.

>>8696227
I'll be laughing at YOU once the bull market starts and BTC moons to 50k.

Imagine participating in that attention-seeking circle jerking cess pit.

>>8696292
Nah we just hate scams and love seeing people acting superior while being scammed

>>8696292
If they were only so rational. Its basic envy - anybody could have made money on crypto in 2017, you didnt need to be an investment bank chad in a suit to do it. Crypto is cyclical, so not only they feel greed and extreme fomo, they are also afraid they're wrong once again.

>>8696268
I like red dots but unfortionately biz doesnt allow me to use them so I omit punctuation it's a meme anyway best not to worry about small things like buying bitcoin at 20000 and selling it at 6000 at least it didnt go to zero

>>8696227

>Pay the Tax Kike

Never I'd rather die than feed the Jew.

>>8696426
>making huge amounts of money
>being scammed
Scam me up, bb.

>>8696227
one day we'll be the ones laughing at you and youll be confined to smartcontract cubical cells for your crime against blockchain

>>8696227

>pay the tax

But you guys said Bitcoin isn't real money

>>8696411
Vitalik BUTTERin browses our sub
>>8696481
Enjoy prison, libertarian
>>8696493
Crypto is a scam, all cryptocoins are the same scam. The only ones who make money are the ones who got in early into the Ponzi.

i wonder how much i can make as a boot licker

>>8696227
>Pay your taxes
uhhhh don't we already do that with everything?
I mean you're assuming everyone here lives in the US or something?


>1. We are laughing at you
>2. We are still laughing at you
>3. We will never stop laughing at you
But the price is still up exactly x6 from last year.

And crypto on this board became popular around 2015.

5. Thanks for your comedy GODL

most of 4chan pink wojacks are satire.

>>8696227
>>8696586
DESU buttcoin reddit people are only legitimized to people who only bought in November 2017 to December 2017.

What I don't understand why isn't there any group related to stock traders?

>>8696582

Vatalik even posts in buttcoin from time to time. He posted the other day.

https://www.reddit.com/r/Buttcoin/comments/881v5f/meth_falls_under_400/dwi6qd4/

out of the 3348 days bitcoin has existed there have been 152 days where it was a bad idea to buy and hold
>scam
>bad investment

>>8696586
>>Pay your taxes
Tax evasion is a meme. Everyone pays tax at least indirectly.

>>8696702
Pretty much

>>8696582
>The only ones who make money are the ones who got in early into the Ponzi
I got in 8 years after it started and I still was able to make enough money to retire on. Why didn't you?

>>8697078
muh morals, muh lottery
see: https://www.reddit.com/r/Buttcoin/comments/7ypb7b/nocoiners_being_bitter_people_late_to_the_party/

>>8696586
>most of 4chan pink wojacks are satire.
No they aren't, I've seen a lot of posts today posting screencap of rekt vlockfolios
Someone managed to lose 7 millions
Nice understanding of economics there, maybe I should learn from you

>>8697139
So isn't this how stocks work as well? Or every hierarchy of civilization works?

Crypto is such a miniscule thing compared to other financial assets and platform but why does this have to be picked on?

>>8697196
Blockfolios in decline in a bear market do tell anon.

>>8697196
those losses are probably opportunity costs, not initial investment. you think that guy has 2m to invest into this? you know yourself that if you bought into this shit from even fucking october 2017 all the way back you'd be up exponentially. the only people you can easily shit on are those who bought from november 2017 onwards.

>>8697216
because these gains are too much for them to rationalize on missing out on

>>8696582
>The only ones who make money are the ones who got in early into the Ponzi.
>early
>more than 3 months ago
20k hodler detected

>>8697196
Again like I said you guys are only validated to pick and talk about people who purchased crypto October though december not including if they shorted the market.

oh that\'s adorable? you\re still grief stricken about missing out and think you can feel better when the price goes down?

sorry to break it to you but it's still higher than it was in november. keep crying though.

>>8697196
This, /biz/ is /brainletpinkwojackhahareloaded/

>>8697266
nevermind the fact that bitcoin isn't the only crypto. oh fucking no i bought into ETH when it was 6 dollars what THE FUCK SHOULD I DO WITH MY 60x GAINS???

>>8697232
Yes, that's understandable but how do you lose 95% of your holdings?
How do you not cash out at least half?? How?? Even if you can't time the top (no one can, in any any investment) you can't just think this shit is going to keep going up forever, the "tech¡ is not even that good and no one uses and no one will use it irl in the future, and even if they did, that doesn't mean the price of your cryptoscam will skyrocket, companies might probably build their own blockchain and make something like tether but made by them
Butters are the absolute worst but please be my guest I'm always ready to mine some comedy gold here
>>8697261
I don't hold any coins, I'm not a loser
>>8697239
The guy was 95% down and a lot of other "anons" suffered similar loses
>>8697266
No, we criticize all butters, not only the ones who got in late

>>8697331
lmao okay just say it to me straight. when did you start shitting on crypto? i'll leave you alone afterwards.

>>8696227
>Buy bitcorns at $300
>It crashes down to $7k
>BAHAHAHA what a terrible investment

>>8697331
On what coins did they lose 95%?

>>8697372
no need to shit on him for that, the anon he's talking about lost around 90% btw. he admitted that he's an early adopter of shitcoins, didnt mention what specifically. lost a shitload on opportunity costs but in that case if he's an early adopter of shitcoins those are the ones with retard gains

1. aprecciating
2. monetary unit
3. relentlessly and mathematicly
4. rises
5. your welcome

>>8697347
2012
Why?
And no, if I could go back in time I woudnt invest in your crypto scam, I don't want to make money off of CP, drugs and human traffic thanksss
I'm happy with my stocks and being able to sleep at night, you probably can't say the same
>>8697445
Wrong
Wrong, apparently is a store of Valium
Buzzbwords won't work against me
Wrong again
No

>>8697368
Then according to buttcoiners you scammed a poor sap out of $6700.

>>8697465
i'm not asking you to invest in crypto, i just want to point out that you lost shitloads of money in the same way that the people you are shitting on "lost" lots of money for not selling the top. opportunity costs. that's all i wanted to say which is why i asked.

>>8697465

>>8696227
/r/Buttcoin just comes across to me like the ultimate case of sour grapes.

>>8697501
No? That's now how it works
I didn't lose anything because I never invested on it to begin with
He did
>>8697543
That's what butters say everytime and they are always wrong
Youre not original

>>8697572
the same way they didn't lose anything because they only missed out on not selling the top but are still up from their initial investment as is every dumbass who invested from october 2017 all the way before it. anon im sorry but if you are going to disagree about fucking opportunity costs then ill just drop this argument. you knew about crypto, shat on it, decided not to buy into it. you opted for an alternative, that is, investing into stocks or whatever. weighing both decisions, you might have gained some money from your initial investment because it rose in value but you lost on opportunity costs because this decision underperformed compared to the one you shat on. in the same vein the people you are shitting on oh fuck why do i even bother, it's fucking opportunity costs, everyone understands this, why the fuck am i even typing this? don't tell me you invested into stocks not knowing even this fucking basic concept

>>8696227
>Pay your taxes
Over $100k gains and not a word from the IRS because they don't know (that money isn't rightfully theirs anyway)
Posting this from a public wifi spot on a device that's completely isolated from my main shit
IRS niggers will never get my gains

>>8697543
I personally would participate but they look like a controlled opposition. I personally believe it's a deep state ponzi operation since it has connections to the NSA.


It's like how liberals are always blind aided by conspiracy of Russian collusion yet they never being up Trump selling weapons to terrorist in billion dollar deals or doing business with the mob.

>>8697636
nvm, pic related

>>8697572
You've been shitposting about bitcoin for six years, even as it continued to make massive gains. I remember reading that one Buttcoin story about that guy who was laughing at his coworkers for investing in Bitcoin in the early 2010s and they ended up multimillionaires while he's working a shitty retail job. Him browsing Buttcoin really came off as coping.

I think that there's something really fucking weird about the whole lot of you. No one else really cares enough about this asinine shit to chase COMEDY GODL around it for six years.

>>8697645
Berger cucks

>>8697704
>I remember reading that one Buttcoin story about that guy who was laughing at his coworkers for investing in Bitcoin in the early 2010s and they ended up multimillionaires while he's working a shitty retail job
My fucking sides gib link pls

>>8696227
>libertarian
I'm not commie scum, you statist fuck

>>8697704
I completelt understand cryptos are funnt but buttcoiners come across fucking wierd is all were saying.

>>8697465
i wasnt talkin corn, i was talkin WAU

>>8697704
If you're talking about this guy https://www.reddit.com/r/Buttcoin/comments/88esug/rbuttcoin_saved_my_life/
Hes larping and you're an idiot if you can't see it
>>8697636
There's a big difference between not investing + investing, looking at charts all day
He lost money and I didn't, he was closer to realize his gains than me since I never invested

>>8697486
Anything that helps them sleep at night, they can have it. It's not like that's the exact same premise of the forex and stock market.

>>8697907
That's pretty sad honestly. Luckily I have the power of Jesus Christ by my side. Pray for buttcoiners

>>8697907
Not really, since the person who holds the stock holds ownership in a physical company.
A stocks value is based on the percieved value of the company and their products/services. A bitcoins value is based on how much you think it will go up in the future. That's pure speculative growth, and not actual value.

>>8697935
Uhh duhh even if that were the case humans buy stupid shit all the time. If you're surprised the human race is like this then I can't imagine how you function in real life.

>>8697935
>Speculative value is not actual value
Lol?
You realise people speculate on the price of stocks too?

>>8697935
According to you logic gold and silver are overvalued x100

>>8696227
The biggest joke is the amount of money you missed out on

>>8698012
The counterargument is that you are selling a part of a company that has appreciated in value. The company itself is more valuable when you sell it than when you bought it. The bitcoin is the same bitcoin it was when you bought it, you've just conned somebody else into holding onto it.

>>8697930
Not an argument. Thank you for praying for my wellbeing.
>>8697935
>perceived value
>what are penny stocks
>what are speculative markets
>what are angel investors or venture capitalists
Perceived value is literally the same thing as speculative value, which is why market corrections happen after mania. All perceived value is purely subjective, especially so in a burgeoning market. One person finds something valuable while another doesn't. Don't give me some moralistic bullshit about how you invested money into Amazon, Nvidia and Apple because you really love their tech and wanted to save the world, you want to make money, don't bother trying to fool anyone here.

not even a buttcoinee but i am sad that i missed out on the happening we all waited for because i was a broke neet

>>8698078
Wasn't trying to argue...

>>8696227
>A bunch of reddit neets who are exponentially poorer than me are laughing at me

Oh, no what ever shall I do. Did you guys get bored of throwing you're college savings at Bernie Sanders or something?

>>8698060
>You are selling part of a company instead of a digital asset
It's an arbitrary distinction, the company's value is measured in terms of its stock price. This is not a 1 to 1 relationship with the profitability of the company, or the even the net position of the company, it is simply what the market is willing to pay for it. True value is a meme, it's not real buddy.

You don't consider gold or silver to be a scam, and you don't consider selling a company that stock exceeds the Price to performance ratio as conning so why do you apply this to Bitcoin?

Companies are also exposed to risks such as bankruptcy or mismanagement which a digital currency does not have.

>The Bitcoin is the same Bitcoin
Yeh and the 100 share you bought are still 100 shares, and the ounce of gold is still an ounce. Your point?

>>8698060

I know this is a larp but if it isn't, my question to you is why do you care? Do you go to forums of other interests and hobbies that you don't like and shit all over them too? Ok, we get it, you don't like crytocurrencies or blockchain and you think people who do are stupid. 6 years anon? How does our hobby impact your life in any way?

what's going on in here

>>8698235
All types of humans exist anon why would be any different a dude like this exists? But the amount of mental gymnastics these people do is the equivalent of a molested upper class white male.

Buttcoiners:

>DUH BITCOINS ARE A PONZI
>BUT STOCKS ARENT

>>8696227
test

>>8698226
>True value is a meme
Nope. If, let's say, Apple launches a new laptop that everyone loves, the price of the stock will go up because of it, that's not a ámeme, that's actual value. On the other hand, bitcoin is the same bitcoin that it was 9 years ago.
In that case yes, value is a meme. Maybe you tried to say "bitcoin value is a meme"? In that case I agree, if not, you're completely wrong
>Companies are also exposed to risks such as bankruptcy or mismanagement which a digital currency does not have.
Of course, since it's backed by nothing these things can't happen
Since it's not backed by anything tangible, it's just a speculative bubble that already bursted (thank god because this crypto scamm is just a network that produces... Carbon pollution. Yay.)
>>8698235
Butters are destroying MY planet and scamming other people out of their hard earned cash
If this was just a group of people who likes a genre of music I do t like I wouldn't care
But they are destroying the entire world with their greediness so I have to do something about it
Least I can do is spread awareness

>>8696455
>>8696411
>>8697266
>>8697322
>>8697644
>>8697655
>>8697733
>>8697822
Team chocolate officially seizes these illegal dubs as violating intergalactic law.

>>8698395
>intergalactic law
oh boy

>DUUUH BUYING STOCKS ISN'T GAMBLIN
>ITS INVESTING IN EQUITY, DUUUH

>>8698389
>Butters are destroying MY planet and scamming
This is why I can't take this shit seriously, crypto is so fucking irrelevant and small who even gives a shit about it.

>>8698370
Companies have assets and can measurably be said to be profitable or unprofitable. While a lot of stock trading is faddish or trend-based rather than relating to "fundamentals", that doesn't somehow legitimize doing arbitrage on Monopoly money

>>8698389
>thats actual value
lol buddy that's still people speculating on the value. You're obviously working on a different definition of "absolute value" to me, and the fact that you think stocks are valued at real value shows your understanding is incorrect.

Youre obviously quite misinformed about finance but I want to assure you your lack of understanding will have no effect on the world what so ever.

As an excercise for yourself please explain how bitcoin is a scam and gold is not.
>inb4 gold has been around longer
not an argument buddy.

>>8698446
This crypto Ponzi scam got a dedicated tv show on CNBC
I don't think it's small, there's gullible retards everywhere and it will get bigger and bigger

>>8698552
Can you give me a link please? What did they explain on CNBC did they bring up the positive applications it can have for the financial system or call it a ponzi scheme? *On this videos you watched on CNBC*?

>>8698552
>there's gullible retards everywhere and it will get bigger and bigger


No fucking shit retard that's how humans are

>>8698459

I'm guessing you're talking about common stock which I assume you know that common stock has the least amount of claim to the assets listed. It's a speculative tool with slightly more claim to actual assets than cryptocurrencies. The only real advantage is voting rights at the end of the day because both assets classes can pay dividends if announced.

>>8698370
You enjoying your bitcoin dividends?

>>8698575
Just search "CNBC fast money crypto" on YouTube
They instruct people on how to lose money on this scam, see pic related
>>8698531
You're wrong: basically if a company launches a successful product that will generate profits the value of the stock goes up
That is real value and this is undeniable
Gold is not a scam, is a genuine store of value and has actual use cases, for example the CPU and motherboards you're using right now contain gold on them
What can you do with bitcoins besides speculate on its' future price? 9 years and not a single use case for this scam besides ponzis and buying drugs online

>>8698389
>I dont actually know how stocks or how fundamental analysis work: the post

Do you even know how to read a balance sheet?

>>8698646
does gold have dividends?
what's your point? that stocks and bitcoins are different asset classes?

>>8698656
Is that the only thing they teach? Did you review all the episodes?

>>8698656
Jesus Christ for a dude that hates crypto currency's you know an awful lot about crypto then me.

It's like those *Atheist* people that debate religious people and know/study about their religion more then the religious people.

>>8698656
>company has good news
price goes up
>bitcoin has good news
price goes up
your point?
Just because a company has increased it's profit doesnt mean the stocks aren't still being trading on a speculative market. Just look at the last few stock market bubbles fuckwit.

>gold has a small intrinsic value
lmao not even comparable to its trading price

>gold is a genuine store of value
and bitcoin isnt? lol

>what can you do with bitcoin?
you can send value trustlessly with effective certainty it happened securely and is stored redundantly on a global network of computers.

>>8698763

If we had some kind of doctrine saying we were going to kill nocoiners and were passing laws to oppress them in some way, I could at least understand that. But this is just sad

>>8697644
Good luck cashing out.

>>8698789
Well in a way most of these Fiat holders get fucked the more crypto becomes relevant.

>>8698806
>doesn't know what a bitcoin debit card is

>>8698389
Have you ever heard of forex trading? Dumbass....

Mfw held the market dump and still up 150x in my investment from 10 months ago .. buttt muhhhh stocks muhhh 5% gains

>>8698855
>>8698771
Although you have to admit Buttcoin is a great way to expose the manipulation going on in the crypto scene. Im guessing this place is actually competitors leaking information of other enemies to fuck them. This is hilarious.

>>8698656
>Gold is not a scam, is a genuine store of value and has actual use cases

hahahaha what a dumb reddit nigger. ALL prices are entirely subjective, there is nothing intrinsically valuable in this world. Gold is only worth what it is worth because we are culturally conditioned to believe it is so.

>>8698656
I just read an article today where people are buying high dollar real estate using Bitcoin. STFU and leave.

/biz/ is trying to trick anons into losing money
buttcoin is trying to trick redditors into never making money

>>8698954
The redditors posts are fucking retarded, but then again that's reddit as a whole. At least on 4chan if were retarded were fucking retarded but reddit sounds like smart assess that are actually retarded.


After reading how fucking gay it is at bitcoin/reddit whatever I can at least understand what that sub forum calls their content comedy gold.


But what their both unaware of is both groups are used as mouth pieces for shills that want to emotionally manipulate the market which is pretty fucking gay.

>>8698897
no anon, i'm sorry you got duped. crypto is all a fucking scam, it has no inherent value. unlike GOLD, the majority of people buying gold are ACTUALLY USING IT FOR MANUFACTURING AND PRODUCTION. NOT FOR PRICE SPECULATION OR ANYTHING SIMILAR. bitcoin is just a ponzi scheme because its only purpose is for you to sell it higher! not like gold, no. CHECKMATE, BUTTERS

>>8698954
This place you call biz shilled btc at 15k and beyond
How is that "making money"?
>>8698897
Nice argument
Actually, not! You're wrong
>>8698855
Your point?
>>8698670
Your point?

>>8698917
Oh you read an article did you?

What kind of dumb nigger home seller would accepts something that can literally possibly be worth half its value by the time escrow closes?

Nobody. Unless it's some sort of money laundering venture like art.

Fucking brainlet.

fucking nigger op respond

>>8698995
shilled it to me at 3k so i'm pretty happy

>>8698998
>What kind of dumb nigger


You act as if people are normally fucking level headed in this world, what kind of fucking fantasy do you think you live in?

Buttcoiners are people who not only have missed every moon mission so far, but are ideologically committed to missing every moon mission in the future.
I honestly can't get my head around that.

>>8699124
THat's whats so fucking wierd these people I mean yea sure crypto people *ACT* 80% retarded and seem like their in a cult but the point is they are making massive amounts of money regardless of what people say. But buttcoiners look like they have more information on crypto but can't formulate any reasoning for hating it illegitimately.

>>8699124

see: https://www.reddit.com/r/Buttcoin/comments/7ypb7b/nocoiners_being_bitter_people_late_to_the_party/

>>8699159
That's not even an argument. And that's ignoring that Bitcoin is a useful asset for people with collapsing local fiat and restricted capacity to move tangible assets.
And THAT'S ignoring the fact that crypto allows you to be an early investor in smart contract tech (which will be huge) and you don't even have to be an approved angel investor, which is profoundly undemocratic.
The faggots on that subreddit still have the entry level belief that all cryptos are trying to supplant fiat. It's fully retarded. You can be a profoundly ethicla person and still make absolute bank backing the right blockchain projects. Buttcoiners are basically people who decided the internet was a "scam" and then decided to avoid the internet for the rest of their lives.

>>8699159
Whoa more gay dumb reddit shit being posted on 4chan.

Why do these reddit people keep coming to /biz/.


Everyone knows it's a normal thing when cryptos lose 50% of it's value to a point where no one gives a fuck what happens. So why do you faggots come out of the wood work every time there is a bear market.

>>8699231
>>8699207
you niggers i was mocking the very people who posted that i was just giving an example of what they ACTUALLY think. you are so fucking curious, well here's an actual example of how they feel about missing out

>>8699124
Have you seen the posts they do there? They don't even sound like no coiners, it's just people posting anti crypto to facade there posting history as *anti-crypto*.


All the information these dudes post are borderline insider information that suceed the knowledge even the above average r/bitcoin posters. It looks like they are a controlled opposition that want to bring down and discredit other exchanges.

I guess this is the reasoning behind the half ass watered down *hurr durr crypto sux ponzi* then they start posting in depth TA analysis with close views on spoofing and bot manipulation going on in exchanges.

>>8699257
>reddit is 1 person

Crypto is done, move on butters
Time to get a real job and contribute to society

>>8699265
>>8699271
oh okay, i see what you're coming from but i won't even bother to argue it, mainly because i don't know enough to do so anyway. i guess it just comes with the territory, the pros and cons of an unregulated shitshow, it is what it is

>>8699313
where you're coming from*

>>8699292
>criticizing if we work or not

Cool bro what kind of job do you have?

>>8699292
>Crypto is done


Based on what? Don't tell me you study crypto currency technical analysis or mainstream news Mr.buttcoin.

>>8698656
>Just search "CNBC fast money crypto" on YouTube
Jokes on you, we don't want telavivision here

>>8699323
>>8699313
>>8699313
Imo I think buttcoin is needed to expose all the fuckery going on in crypto, but yea I understand it's easy to point out how retarded r/bitcoin people are.

But the paradox is how the fuck are you wasting time just hating on something for months on end? Yea I mean I can talk shit about MLM and mainstream Ponzi schemes but not for that long holy shit.

I mean it's like shitting on religious or atheist people vise versa of which ever side has been wrong this whole time, but to do it for this long without any benefit? IF you have that mental compacity to get dopamine stimulation then sounds reasonable I guess.

>>8699331

t. schlomo scamerstein

>>8699404
Of course we already know these are the same fuckers that shill bitcoin when it's ATH then tell us to sell when it's low.

People who bought bitcoin a year ago made a ton of money, while you shitposted on reddit

>>8696227
EXPLAIN THIS.

CLEARLY YOUR AGENDA IS OUT IN THE OPEN.

>>8699915
>what's sarcasm

>>8699935
WHAT IF I WAS BEING SARCASTIC

>>8699739
>People who bought bitcoin a year ago
So, nobody here. Got it.

>>8699935
Confirmed plebbitard that need an /s at the end of something to understand humor.

>>8699915
For realsies though.
That level of obsession has to be a job.
It doesnt make sense otherwise

>>8697196
>Nice understanding of economics there
libertarians are basically the only people that understand economics

>>8698389
Crypto is gaining value against fiat money.
That's all that is going on here.

People that aren't in crypto are suckers.

>>8700107
ideologues are the people who don't understand anything and simplify shit using bucket terms.

>>8700278
You're probably an egalitarian and still don't consider yourself an "ideologue". Ha

>>8699952
Nice excuse
>>8700089
Not how it works, everyone is below average IQ here
>>8699981
70% of people here bought in December, smart money left long ago
>>8700107
Wrong
>>8700115
What? It lost 50% since last month and 15% last week
Sure if you bought 2 years ago you made a profit but most of the people bought recently

>>8700105
Pretty much

>>8700312
>Wrong
It's right though.
When free market economies were applied to the American economy it resulted in the greatest increase in living standards for the average person.
See the late 1800s gold standard.

>What? It lost 50% since last month and 15% last week
It's still up incredibly over the past few years.
What you are seeing is a minor correction.

>>8700312
>>8699952 #
>Nice excuse
>>>8700089 #
>Not how it works, everyone is below average IQ here
>>>8699981 #
>70% of people here bought in December, smart money left long ago
>>>8700107 #
>Wrong
>>>8700115 #
>What? It lost 50% since last month and 15% last week
>Sure if you bought 2 years ago you made a profit but most of the people bought recently

But that's normal though what are you expecting?

>>8699915
>this image
Why are leftists so cringy?

>>8698789
>doctrine saying we were going to kill nocoiners
>implying we don't