/biz/ - Business & Finance

NASDAQOINEEEEEEEEEE

>>8768410
The stock market is still going down, you are deceived by inflation

>>8768410
Sure no problem a millionaire in 16 years is better than no millionaire at all

>>8768410
16years in stock is 16 months in crypto

>>8768410
Things are accelerated now you fucking retard welcome to the future

>>8768429
When will it all finally collapse so we can get rid of the Merchants?

>>8768410
Apples != oranges

>>8768410
"long" is quite relative in crypto

>>8768492
This, botcoin runs 100 times faster than regular stocks.
We will have another ath before end of year.

The crypto bubble also only lasted a few months at the very most. This market is moving a lot faster due to actual access to information about it

>>8768531
>>8768533
>>8768492
>>8768490
>>8768446
>>8768432
>>8768425
>>8768410
Everyone here is sub room temp iq

>>8768410
Back then the NASDAQ was a bunch of meme """companies""" with some shitty website, now it's massive global corporations people use daily

the bullrun from the dotcom bubble was 100x the strength of what you see today. In reality, the next bubble is about to start and you will get left behind

>implying you've seen peak bubble yet

>>8768624
I am heavily invested in crypto and truly believe in it, but this claim seems ridiculous and very far fetched.

>>8768639
This

The NASDAQ is actually, dare I say it, undervalued

>>8768410
>comparing NASDAQ in 2000 to NASDAQ in 2019

LMAO

Back in 2000 were you using pets.com or any other meme website? FUCK NO, but now EVERYBODY is using google, apple, amazon, and netflix

Now we are at 20 P/E ratio in order to get back to bubble levels(80 P/E) the NASDAQ would have to be at 28,000!

>>8768704

The world is going virtual, piece by piece. I'm heavy in QQQ.

>>8768558
This. You literally cannot tell people the truth

>>8768558
that's 6 you retard

>>8768813
What is qqq I googled it. Why are you personally invested. Why do you believe.

what does "red dildos" mean when trading? https://www.youtube.com/watch?v=x5LwK79cc0g

>>8768410
It never recovered. Money supply increased threefold an so di it and the price of e.g silver. Its still dead and about to be deader

>>8768868
>Why do you believe
>I googled it

You answered your own question

>>8768813
This.
A few weeks ago BBC "business" news had a feature about investing in luxury handbags (really) as a store of value. The grey old man commented "well I suppose at least I can see a handbag so I know that it's real - unlike bitcoin".

That's when I got it. That is what makes bitcoin so valuable: a computer can see it, and verify the truth of its existence. A computer cannot comprehend a handbag or anbar of gold or a diamond ring. It cannot quanlify what differentiates a Rolex watch from a two dollar copy - or what a watch is on an abstract level. But it comprehends exactly what a bitcoin is. We have created something that has value we can communicate to an artificial intelligence. That is the terrifying true value of cryptocurrency.

>>8768868

NASDAQ ETF. Highly tech-heavy and has all the big players.

>>8768410
Took them 5 years to go to 6000 points too. Crypto is Stocks X100.

>>8768910

I'm a software engineer, nothing that I write or create is "real", it's an abstraction, but still valuable because ideas and information are now more valuable than physical things. The computer and the internet are creating a separate universe that is infinitely more efficient than the physical world so the potential is limitless.

Even physical things can be abstractions, gold is an abstraction of value, it's real worth is far less than we've inflated it to. People pay $400m for a piece of shitty art.

>>8768460
Probably within a year, taking the whole US economy down with it.

>>8768845
No it's not. It's 1.

>>8768410
there are no dividends included in nasdaq composite price index. nasdaq total return has em

>>8768410

DELET THIS!

>>8768910

The sad fact is you have made the most salient post on biz I've seen in months but you only got one reply. Believe it or not but a year ago half of posters were this intelligent.

>>8768410
I mean i intend to hold bags in one form or another until I die, so...

>>8768410
>>8768429
>not including dividends
Retard alert.

>>8768429

Looks like the bull market in stocks that started in 2009 has a while to run yet. It could reach 80 to 160 grams of gold before its over.

>>8768410
>crypto bubble is reproducing the dot com bubble pattern, only 15 times faster.jpg
>wow, hold bags for a year tops, how will all those poor retarded ADD kids manage?
Fuck you pajeet

>>8768410
>>8768492
>>8769704
Crypto also trades 24/7 stocks trade 8hr a day 5 days a week so technically it moves at around 25% the speed of crypto so 16 yr Nasdaq bubble crypto will catch up its bubble in 2 to 3 years

>>8768442
This

>>8769851
we're at the top of the dead cat bounce

>>8768771
inflation makes these charts deceiving, but we are in a small bubble and can see a correction over the next year

>>8768429
gold price isn't tied to inflation though

>>8769034
Did you do PEMDAS?

>>8771803
Cpi doesnt measure inflation, it measures the rate at which the fed can print money without you noticing goyim.

Gold is the only way to measure price over time

>>8771831

t. goldminer

yes please give me an economy with a finite supply of money that cant handle economic growth resulting in booms and recessions correlated to the discovery of new gold mines.
thx.

>>8768910
dude you are a genius. this is so fuckin true. its the answer

>>8768410
and the global market didn’t recover from the tulip bubble until the dotcom bubble, the crashes and recoveries are increasing in frequency and magnitude. the singularity is nigh

>>8771858
I didnt say anything about a gold standard you little keynesian brainlet. I said measuring the price of something with fiat is like measuring something with a slinky, useless.

>>8768910
>We have created something that has value we can communicate to an artificial intelligence. That is the terrifying true value of cryptocurrency.

My god

>>8771924

>says he doesnt want a gold standard
>posts graphs that show prices in gold

t. brainlet.

>>8768410
Thank god for put options. Too bad crytpo is so archaic.

>>8771990
I still havent said anything about a gold standard cathy newman. All i have said is the best way to measure the price of something over time is with gold.

>>8768910
Holy fuck

HOLY FUCK ANON

This is the most interesting crypto related post I've ever read. I'm a software engineer who works in AI but doesn't actually do the AI myself. I have goosebumps. Do you know any more topics related to this?

Tell me what to study senpai

>>8772061
Nigga u just called a 16 yr old day dreaming in his mom's basement senpai

Think about that

>>8772047
that implies a gold standard you ron paul supporter.

>>8772087
What a useless post, why did you even write this?

>>8772099
No it doesn't cathy, the ability of gold to be the value datum is not dependent on the government pegging it to an arbitrary amouny of paper money it's dependent on its physical properties. Removing the gold backing of the usd did change the value of gold, it changed the value of the dollar

>>8772141
*did not change the value of gold

>>8772141
pricing assets in gold is a gold standard brainlet

How do we keep our crypto safe from AI's? I don't care if they use trading algos to get 80% of the supply, I just want to keep my stack : (

>>8772154
A gold standard is when you peg your fiat currency to gold to facilitate trust in its value

>>8772155
Check em and check my tag. Goldfags out, this is an AI thread now.

>>8772181
>A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold.

Imagine being too stupid to realize that measuring asset prices in gold means you are using gold as the standard.

Looks like a return to mean to me. Looks like its on another bubble too, this nascar of yours.

>>8772285
Imagine using symantecs to try and win an argument you already lost when there's a permanent record of your low iq comments

>>8771803
But manipulated by the CARTEL

>>8772316
too stupid to realize a gold standard has nothing to do with fiat.
ur the low iq brainlet
find a high iq wife to bang and pray your children will be as smart as me.

>>8768558
>>8768845
>>8769034
>>8771822
Brackets first, then multiplication, then division
6/3*(3)
6/9
=0.67

>>8773190
burger acronyms are a cool mnemotechnic but you should learn the actual rules. multiplication and division have the same priority tier, and the order is left to right