/biz/ - Business & Finance

[Anonymous No.11408432]

Sell. Then buy gold and silver!

[Anonymous No.11408464]

GDX unironically mooning rn

[Anonymous No.11408652]

crypto has already been compromised by centrally controlled supercomputer networks

stocks will fail when the trading floors and clearing houses turn off the power

bonds will fail when the interest rate rises no more than one more percentage point

when us treasury fails all countries will follow suit

treasury failure will bring worldwide market failures

only things physically held by individuals will retain tradability

food spoils

$100,000 worth of food/toiletries is several garages full, not easily transported, not easily secured/hidden

food/toiletries aren't fungible by weight and volume IE a can of beans isn't necessarily as valuable as a can of beef or a pack of toilet paper isn't equal in value to the same weight and volume of fabric

diamonds are easily transported, but are actually common and artifically valuable.

diamonds cannot be split and must be graded by an expert for their value to be known

$100,000 worth of precious metals can be stored in a small place and be easily transported/hidden

precious metals can be divided infinitely and an ounce is always worth it's melt value no matter what form it is in

metals can be tested for purity by an amateur using acid strips, and anyone can be educated to look at a coin and determine it's validity

gold and silver are most easily recognized

silver is currently 70 ounces to one ounce of gold.

silver comes out of the ground at 9 to one ounce of gold

silver has historically been priced at 15 to one ounce of gold

this is why silver will win

buy silver now faggot

[Anonymous No.11408673]

>>11408652
diamonds are useless and are easy to synthesize
silver is industrial metal because it cheap, if it moon it will be replaced
muh supercomputer only increase the hashrate witch supports the price

do the opposite of what biz says

[Anonymous No.11408745]

>>11408673

this faggot doesn't understand that if more than 50% of the computing power is compromised then the blockchain can be rewritten.

step 1 take down 50% of the grid.

step 2 fire up your super computers.

step 3 use supercomputers to tell remaining 50% that blockchain is what you want it to be

step 4 ??????

step 5 lulz

everything not physical is already compromised you eternal supernigger

[Anonymous No.11408757]

>buy metals
>get your wealth confiscated by jews on every border
>buy bitcoin
>move millions worth seamlessly
>boomers will argue metals are better

[Anonymous No.11408790]

>>11408673
>silver will be replaced

With what exactly?

[Anonymous No.11408800]

>>11408757
>Sell metals for crypto before crossing border
>sell crypto for metals once you are dobe crossing.

Wow problem solved

[Anonymous No.11408827]

>>11408757

crypto will be confiscated (((they))) already have the means

after the global crash crypto will be replaced by (((centerally controlled crypto)))

only physical assets held locally will be valuable through a global crash

[Anonymous No.11408925]

>>11408745
Acttualy ChainLink is blockchain agnostic witch means hat itt doesnt matter how mnay duper super cumputers are grindin your ediot tokens. INvest in something worthwile insted of some buttcoins

[Anonymous No.11408962]

>>11408925

alt coins flood the market

things are only valued at what someone will pay

moving from buttcoin to ltc to eth now to whatever the fuck, just lets the general public know that there will be no end to the stream of coins that go belly up and times they need to get out and switch or lose everything

crypto is inheriently a garbage idea

will some form of crypto always be valuable? probably

will that crypto always be controlled by (((them)))? definately

[Anonymous No.11408986]

>>11408925

don't get me wrong I think crypto is great for laundering...

IE get your money in and across a border then get the fuck out.

crypto in any form will always be too volatile for savings

[Anonymous No.11409125]

>>11408986
You're retarded if you think value comes from a general public. It comes from 2 individuals each valuing the object. Further Chainlink allows you to immediately transfer from crypto to fiat, or even fiat to crypto to fiat.

>great for laundering money because you can store infinite amount of value in your pocket
>has no value
>the value is controlled
Get back to the home grandpa you're too old for this

[Anonymous No.11409218]

>>11409125

we will see. if 10 years chainlink has value I will concede.

If however in 10 years crypto is known as one of the most compromised bullshit inventions since chuck e cheese tokens you must eat dirt

[Anonymous No.11409227]

yes goyim, btc IS worthless but you can still trade it in!

[Anonymous No.11409238]

>>11408986
>volatility of bitcoin hasn't been going down consistently
>still massive rise until it gets as stable as gold
>let's wait until it's worth several trillions and stable to invest

>>11408827
>cold storage generated private keys that exist in your brain as a 24 word seed can be confiscated
>way safer to hold physical metals which can actually be easily found with radars

>>11408962
>amount of supply of shitcoins going up means amount of supply of bitcoin going up

[Anonymous No.11409252]

>>11409218
No, obviously you are better off with gold than chainlink bagholders. The question is, will you kill yourself in 10 years when you look at the bitcoin price compared to 15th october 2018 price?

[Anonymous No.11409328]

>>11408745
Even if 50% of the hash power goes down BTC will still be completely unassailable.

Ifyou think a supercomputers can outperform an asic at sha-256 you are braindead

[Anonymous No.11409805]

>>11409328
Let boomers cope.

[Anonymous No.11410183]

>>11409805

this is a false comparison.

this would be a fair comparison if powerball tickets were .000000000001 cents and you could buy several trillion per second

[Anonymous No.11411516]

barrick gold

[Anonymous No.11411630]

>>11409227
I thought he said bitcoin and gold same team

[Anonymous No.11411789]

>>11408432
Best is to buy credit card stocks