IT'S FUCKING HAPPENING

[Anonymous No.13089473]

RECESSION WITHIN THE NEXT 18 MONTHS
==THE YIELD CURVE IS INVERSED==
BUY RICE AND BEANS AND GOLD
PULL MONEY OUT OF THE BANK AND SPEND IT ON GOLD
==BUY A LOCKBOX FOR YOUR COINS==
NO MORE MEMECOINS
THE BUBBLE WILL BURST SOON
https://www.investing.com/rates-bonds/usa-government-bonds?maturity_from=40&maturity_to=290

[Anonymous No.13089484]

[Anonymous No.13089493]

[Anonymous No.13089549]

>>13089473
>Another day, another doomsday fag post

[Anonymous No.13089562]

ALL IN ONIONS

[Anonymous No.13089572]

just print more money lol

[Anonymous No.13089676]

>>13089473
Not so fast commie !
I invested $100k 3 years ago and I have $300k now.
Meanwhile people eat, buy shit, etc.
Will ride this shit and you can't stop me.
t.37 yo boomer.

[Anonymous No.13089864]

>>13089473
Bitcoin is gold you retard

[Anonymous No.13089868]

>>13089549
Here’s the problem with you retards throwing us doomsday fags under the bus: while we’re still wrong, we’re only losing a linear minuscule amount on our investments (boomer rocks)

The day we’re right, you’re going to lose everything and probably spend the rest of your life waking an utterly shit job, I’d youre lucky, while we bobros live like kings over the ashes

Have fun faggot, hope the recession doesn’t come up soon (pro tip it will happen before next election cucle AT THE LATEST)

[Anonymous No.13089870]

>>13089473
Finally, a good thread in this cesspool.

[Anonymous No.13089878]

HOLY SHIT. HE STILL HASN'T HEARD THE GOVERNMENT WILL BUY EVERYTHING FOREVER AT THE SLIGHTEST SIGN OF TROUBLE. MAKING MONEY IN THIS MARKET IS THE EASIEST THING IN THE WORLD.

BUY THE FUCKING DIP YOU FUCKING IDIOT

[Anonymous No.13089928]

Too big to fail. Safe and easy money in the stock market. Come to /SMG/ and learn a thing or two. You cryptokiddies will learn soon enough. There will never be a crash again, we’be covered it multiple times in our threads. Institutional money will not be diddling with crypto, that I can assure you.

[Anonymous No.13089968]

>>13089928
>diddling

[Anonymous No.13089987]

>>13089928
Ahaha ha
>invest in the stock market
Ahahaha
Yea no thanks faggot, I’d rather buy scamlink than buy anything the boomers have infected. Get the fuck off the board. God damn how can you sleep at night owning stocks you’re retarded.

[Anonymous No.13090032]

>>13089868
Pascals wager

[Anonymous No.13090163]

Not in the US

Of anything we are barely now getting out of the recession

Let the good times roll baby

[Anonymous No.13090172]

I’m not worried

[Anonymous No.13090347]

>>13090172
Is this real life?

[Anonymous No.13090362]

>>13089473

IS ONE BEAN PLANT ENOUGH TO FEED MY FAMILY IN THE HARSH YEARS TO COME

[Anonymous No.13090391]

>>13090347

No it's an app where you can put in the amount yourself - It's a LARP

[Anonymous No.13090424]

>>13090172

[Anonymous No.13090425]

When the yield inverts it takes about 6 months to top out still. So just sell in september

[Anonymous No.13090441]

>>13089928
Found the diddler. We're going to burn you pedos.

[Anonymous No.13090467]

>>13089473
The powers that be will make sure that Trump gets a second term, and then they'll short everything during shmidah (2021). They did the same thing to Bush on his second term in 2007. No bailouts this time though.

[Anonymous No.13090490]

>>13089473

This is news from all the way back in DECEMBER, boy. It is correct though. I predict the ones that pull the strings will allow this market to fall sometime before the next election or the one after that so that "Nationalism" and Trump can be blamed.

https://www.youtube.com/watch?v=_i67WHzNT7w

[Anonymous No.13090629]

>>13089473
Rice and beans yes. Gold is too expensive for wagecucks to buy any amount thats worth a damn. Stock up on guns, ammo, alcohol, natural antibiotics, pasta, silver, copper, gasoline, kerosene, candles, and playboy mags. Need something to jack off to when the nukes go off.

[Anonymous No.13090746]

>>13090490
And the 1mo of the yield curve is more than the 10 year. Everybody is going to get so fucked this will make 2008 look like a walk in the park.

I feel terribly bad for those who haven't purchased at least one full bitcoin yet. It's VERY fucking close now.

[Anonymous No.13090787]

>>13090467
Completely wrong retard, they DONT want trump to get a second term idiot. He’s been a catastrophic bull in a china shop for all their globalist policies.

They will crash the economy 1year to 6months before next election cycle, trump AND populism will be blamed because all the masses are too retarded to understand the federal reserve system, and then we will get a deep state stooge in power for the 4 year after who will implement even more globalist shitty reforms than FDR, which will inevitably result in civil war and the complete collapse of the dollar and western civilization

Either way the banking elites know this crash HAS to happen. What better time to make it happen than on trumps watch? All their media shilling and Russian dossier bullshit has done NOTHINF to reduce his popularity. Crashing the economy is all they can do.

If the election were held today, trump would win. But mark my words, after the entire global financial system collapses, he will have no chance. Start stacking ammo and precious metals and bitcoin you brainlets, for your own fucking sakes

[Anonymous No.13090830]

OPTIONS, GET YOUR OPTIONS OVER HERE!!!
CAN I GET ANYONE AN ICE COLD PUT?!?

[Anonymous No.13090889]

>>13090787
unironically this + cash outlawed to prevent hoarding + forced centralized digital cash with negative interest rate to artificially support spending. enjoy your worthless 401k

[Anonymous No.13090903]

>>13090172
Can you share? I have two kids and my wife left me please...

[Anonymous No.13090966]

https://www.youtube.com/watch?v=NVpjt9gHlDw
Children of the west rise up to destroy consumerism and disgusting, dysgenic individualism.
BUY TVIX.

[Anonymous No.13091006]

>>13089928
You think so eh? Maybe you are right, maybe you are not. Once the debt can no longer feed the economy, what will the central banks pull out of their ass? You have too much faith in the hand that feeds you, problem is they are fattening you up to eat you whole.

[Anonymous No.13091018]

>>13089473

Having fixed the liquidity crisis of 2008-09 and kept a perversely unequal "recovery" staggering forward for a decade, central banks now believe there is no crisis they can't defeat: Liquidity crisis? Flood the global financial system with liquidity. Interest rates above zero? Create trillions out of thin air and use the "free money" to buy bonds. Mortgage and housing markets shaky? Create another trillion and use it buy up mortgages.

And so on. Every economic-financial crisis can be fixed by creating trillions of out thin air, except the one we're entering--the exhaustion of credit. Central banks, like generals, always prepare to fight the last war and believe their preparation insures their victory.

Let's be honest: the entire global "recovery" since 2009 has been fueled by soaring debt. The output of more debt is declining, that is, every additional dollar of debt is no longer generating much in the way of positive returns. As with any stimulant, increasing the stimulant leads to diminishing returns.

Then there's the issue of debt saturation and debt exhaustion: those who are creditworthy no longer want to borrow more and those who are not creditworthy cannot borrow more, unless lenders want to eat the losses of default a few months after they issue the new loan.

As for housing--unless the buyer just sold a house in a bubblicious market and has hundreds of thousands of dollars in cash, housing is out of reach of the bottom 95% in many markets. This raises the other dynamic of credit exhaustion: the whole exercise of buying a home or dumping more money in stocks is ultimately based on greater fools arising who will pay substantially more that the buyer paid today.

1/2

[Anonymous No.13091032]

>>13091018

2/2

Greater fools generally depend on credit to finance their purchase, and so the erosion of creditworthy borrowers means the pool of greater fools willing and able to pay $1.2 million for the old bungalow someone paid $1 million for today is drying up fast.

Only a fool buys an asset that is poised to lose value as the pool of future buyers dries up. No wonder insiders are selling stocks like no tomorrow, and housing markets have become decidedly sluggish: the pool of qualified borrowers who are willing to bet on another decade of central-bank goosed "growth at any cost" is shrinking rapidly.

The next crisis won't be one of liquidity that central banks can fix by emitting additional trillions; it's a crisis that's impervious to central bank manipulation.The credibility of central banks is already evaporating like spilled water in July-baked Death Valley.

Central banks cannot magically make uncreditworthy borrowers creditworthy or magically force those who have forsworn adding more debt to borrow more at high rates of interest, and as a result they are powerless to stop the tide of credit from ebbing.

Thus, will end the central banks' bombastic hubris and the public's faith in central banks' godlike powers, the "global growth" story, the China story, and all the other fairy tales that have passed as policies for the past decade rather than what they really were: politically expedient cover for the greatest expansion of inequality in modern history.

[Anonymous No.13091062]

>>13091032
Beautifully put anon, not sure if pasta but this puts it pretty well.

[Anonymous No.13091102]

>>13091018
>>13091032
>Thus, will end the central banks' bombastic hubris and the public's faith in central banks' godlike powers
So what will happen if / when they fail? How does society function

[Anonymous No.13091146]

>>13090629
bro just fuck it and die in the nukes,

[Anonymous No.13091152]

>>13091102
That's going to be a we will cross that bridge when we get there kind of scenario.

[Anonymous No.13091225]

Yin Yang 2020

$1,000 checks for all

stupid OP

(You)

this single act alone will prevent a downfall open your eyes

Vote Yao Ming 2020

[Anonymous No.13091236]

>>13091102
they cant fail. if the central banks fail you'll have full demonetization, a complete breakdown in the division of labor and str8 fuckin anarchy

[Anonymous No.13091262]

>>13090787
This

>>13090889
They will not be able to implement this at current tax rates in most democracies tax evasion is the only think that keeps the economy growing.

Just look at france or the truckers strike on brasil.
They can´t increase tax on income anymore because people preffer the risk of not paying or not working so much , in countries like Argentina or France income tax is falling because of this so they have to increase indirect taxes like fuels , but that raises the price of everything and causes chimpouts.

If they go for the cashless society path the collapse in fertility rates and the social tensions will make 1941 seem like the most peaceful year in history.

The only reason China cashless society has been working is because they had lot´f of workers from the baby boom.

However the housing bubble there is massive because the youth is also not able to buy the houses since inflation reduces purchasing power and taxes increase on everything.

We are unironically on the path of the biggest shitstorm that ever happened.

1_Boomers retiring
2_Chinese working class retiring even faster
3_Demographic winter in europe
4_Baby boom in africa that can´t meet food production goals.
5_The usd as global currency will be challenged the minute if not the second a leftist lunatic wins promising ubi since veryone would dump it.

I am starting to think the timetraveler was true.

[Anonymous No.13091276]

>>13091018
>>13091032
MOAR! Knowing this, what can we do to prepare?

[Anonymous No.13091312]

>>13091236
Central banks are already collapsing , the keynsian economic system has reached full retardation you are paid 2% of interest when the inflation is 3% and 0% interests when the inflation 5%.

It´s fucking retarded , the only way this crap was even done in the first place was to prevent crisis of overproduction like 1929.

Instead we are having crisis were companies collapse all at once after interest rates are increased and insane ideas tested when they are low.

The problem is that post 2008 was stimulated way to much and now a house cost 300 years of saving.

This system is on the path of neofeudalism and will collapse because even if it works it will cause a rebellion because if they pull out of 2008 with the same thing instead of not being able to afford houses or cars if you are middle class you will not be able to afford fucking rent.

[Anonymous No.13091370]

>>13091312
> 300 years of saving

We don't all work at the tacobell. 1000 keks. I make enough to pay off my Boomer mansion every 3 years. You're doing it wrong.

[Anonymous No.13091373]

>>13091276
Bitcoin. If it's not obvious by now what (((they))) are going to do, there's no hope for you. Buy Bitcoin, get as much as you can. OFFLINE somewhere you hold the private keys. Time is running out, nearly. Not memeing this time, yield curve has gone mad. Bitcoin is going to be the only truth.

[Anonymous No.13091381]

>>13091276
start lifting

[Anonymous No.13091398]

>>13091370
You must live in a rust belt fenttown then.

[Anonymous No.13091419]

>>13091370
Boomtown USA. Texas. No state income tax. $500k house. Cope.

[Anonymous No.13091426]

>>13089473
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHH

[Anonymous No.13091475]

when Yao Ming wins 2020 we will get $1000 per month

[Anonymous No.13091481]

Help poor brainlet.

Should I continue to invest my earnings into coins instead of overpaying my student loans?

I'm afraid I would pay off my loans. Market crashes and the fed prints money which would increase coin value and decrease loan leverage.

[Anonymous No.13091495]

>>13091475
>get 1000 per month
>us dollar worth shit
>can buy 3 squares of double ply toilet paper, or a dozen beans
T-thanks based chinaman...

[Anonymous No.13091506]

>>13091481
Lmao. Pay off your debt. You can not count on hyperinflation to reduce your debt. Fucking hilarious tho.

[Anonymous No.13091514]

>>13091481
==PAY OFF YOUR DEBT AND SPEND EVERYTHING YOU HAVE LEFT ON BEANS, RICE, BOTTLED WATER, AND SILVER==

[Anonymous No.13091524]

Looks good to me

[Anonymous No.13091537]

>>13091373
Won't they be able to manipulate the price of this as well?

>>13091381
Already gaining. Been doing RPT for a little while

[Anonymous No.13091541]

>>13091514
Kys gloomer

[Anonymous No.13091606]

>>13091419
Are you learning spanish, si?

[Anonymous No.13091791]

>>13089928
>there will never be a crash agan
boy are you in for a surprise

[Anonymous No.13091814]

>>13091146

Best advice

[Anonymous No.13091815]

CHYNA/EU are fucked yeah.

EUs literally an entire continent if neets propped up by US global social programs. US quit paying now they’re fucked.

China was allowed to get away with murder in trade for decades, their entire economy is a straw house. Brick house built on a straw foundation, really.

>They thought they had the US by the balls by holding US debt, when in reality they just got reverse china hustled.

tl;dr USA USA USA MAGA

[Anonymous No.13091821]

>>13091506

He has a point tho, $1000 today is worth shit all compared to $1000 20 years ago

[Anonymous No.13091825]

>>13091514

Why would you pay your debts if you thought the system was going to collapse. What a fucking brainlet.

[Anonymous No.13091860]

>>13091814
seconded
fuck you all retards

[Anonymous No.13091876]

>>13091146
Mfw waiting on nukes to end me for the last 10 years

[Anonymous No.13091878]

I don’t trade stocks at al but I understand the current state of the financial system. Should I move everything that’s in my 401k to gold /boomer mining stocks ?

[Anonymous No.13091882]

I had thought a major recession was an absolute given since (((they))) were really desperate to get rid of Ronard Drormpf. However, given the high volume of Israeli cum the president has been imbibing recently, they just might let him win.

[Anonymous No.13091885]

>>13091373
>Bitcoin is going to be the only truth.

>takes 20+ minutes to make a single transaction
>consumes stupid amounts of electricity
>literally distributes links to CP to all users

Kek

Crypto is the future. BTC, not so much.

[Anonymous No.13091890]

>>13091370
Only some states in the usa hardly republicans are untouched to some degree of this.

Every other place in the western world except bulgaria(which is being depopulated due to commie retardation) , every other fucking place in the western world is having massive housing bubbles.

Home owning is collapsing and thus people have no ties for the land and vote stupid shit that causes even more problems.

All because some boomers decided to overprint currencies.

[Anonymous No.13091892]

Oh look, another Democrat politician will inherit another Republican recession. This is what, the third time in the past few decades that Republican leadership has led us into a recession?

[Anonymous No.13091899]

>>13089572
Came here to post this. Shit thread.

[Anonymous No.13091906]

>>13091815
No trade deal bro. Drumpf desperately needs it.

[Anonymous No.13091922]

yao ming 2020

1k / month

US citizen

[Anonymous No.13091941]

>>13089473
>RECESSION WITHIN THE NEXT 18 MONTHS
Thanks Trump!

[Anonymous No.13091968]

>>13091537
You can't forever manipulate what has a fixed supply. Their time to (((tame))) Bitcoin is running out.

>>13091885
>What is Lighting Network
>Traditional Banking uses 5x as much electricity as Bitcoin Network
>CP on Blockchain has not been proven, and even if it was their, you have to go looking. Internet is filled to the brim with CP, but you aren't looking for it, are you?
It's like you're not even trying.

Bitcoin is the ONLY truth in Clown World. 50K this year.

[Anonymous No.13092022]

>>13091419
No. North Texas. I said boom town, not bean town.

[Anonymous No.13092117]

>>13091885
>takes 20+ minutes to make a single transaction

And a international bank wire takes weeks and can be frozen until you prove you are no the zombie of pablo escobar.

Also btc has a capacity of 850k per day transactions after segwit and the mempool can holds another 850k waiting if not more (since nodes are free to hold more if they want).

>consumes stupid amounts of electricity
Banking requieres guards , special trucks to move , accountants , machines , lights , cards , mails.

All the things in that chain are needed to have the wire system working because if they fake the data on one end a bankrun happens on the other.
And every member of the chain eats and shits and eats food and uses electricity.

Believe me swift and sepa use way more electricity than btc.

>Crypto is the future. BTC, not so much.

Wrong BTC is the future and crypto will follow , those coins using the same game theory than satoshi used in btc will thrive(litecoin and bitcoin cash).

>>13091968
>You can't forever manipulate what has a fixed supply. Their time to (((tame))) Bitcoin is running out.
>Bitcoin is the ONLY truth in Clown World. 50K this year.

Unironically this , interest rates are at near 0 and we are near a crisis in a bubble of epic levels.
When it happens the keynsian retardation will only support bitcoin by justing fiat.

[Anonymous No.13092151]

>>13091892
>Republican recession
Citation needed, fuckface. Banks have much more control over the business cycle than the Federal government, and they manipulate it to influence public opinion and election outcomes and continue their plan of getting rid of whitey.

[Anonymous No.13092187]

>>13092117
Thanks for backing me up anon. Amazing the shills are STILL trying to get people to sell their precious Bitcoins. Notice >>13091885 ran off scared. The points have been proved. The smart anons will see through incredibly weak FUD and see that Bitcoin is the only asset worth holding. Anons, DON'T SELL your Bitcoin, if you do sell, only sell during peaks with the intent to buy back once (((they))) take their profits.

[Anonymous No.13092209]

>>13089928
>Too big to fail
>There will never be a crash again
that's bubble talk!

[Anonymous No.13092235]

>>13091032
Graduating HS this year, how fucked am I? Also that is a beautiful piece of writing right there.

[Anonymous No.13092245]

>>13092151
>muh maga
>muh conspiracy theory
Fucking idiot

[Anonymous No.13092251]

>>13092187
I dare say that the next financial revolution will indeed be cryptocurrencies. They will be pegged to the amount of energy they are worth, which is why POW will be important. Also, POS may also do well do to the staking/passive income opportunities and their respective cryptocurrencies role in the Defi ecosystem. This next decade will be marked as the death of the central banking system, mark my words they have dug themselves too deep now.

[Anonymous No.13092255]

>>13092235
Just get on NEETbux to avoid the upcoming draft.

[Anonymous No.13092256]

>>13092187
Bitcoin and Silver , silver is a byproduct of mining copper in most cases , and copper is mostly used for modern communications than in the best case scenario are replaced by low earth orbit satellites of spacex or oneweb and in the wrost case scenario a economic crisis reduces the demand of copper thus production of silver.

That said i am all in on btc , silver is under capital controls in most places and you have to pay literally 20% more than market price to get it physically.

Fuck that shit , even if it will thrive it´s not for plebs if you will have to sell it in a government regulated company.

BTC will thrive insanely as most cryptos but btc will be the one that thrives the most , specially since litecoin and bitcoin cash are having their halvings before bitcoin and most money will move to the coin with the most liquidity after.

[Anonymous No.13092304]

>>13092251
POW is massively important it also add quantum resistance against 51% attack(tough not against wallet attacks).

Also the bitcoin energy consumption attack is a meme , we are nearly reaching the limits of moore law and the asic producers are no longer searching for the most hashing power.

They are finally searching for the best KW / Hashing rate , because they know that after 2021 when moore law is dead there will not be improvements in processing power which means that only the ones producing the best energy friendly miners will survive.

So at the end of the day btc energy usage will drop wile hashing goes up , it´s only a matter of time.

Also the fact that there will be no more improvements in asics means that no one will be able to centralize the network since doings so will requiere not better tech but literally a massive hydro plant.

And even then the existance of mining pools mean that miners will act against this thing you are doing and you will end up needing 3 hydro plants and again and again never centralizing anything.

[Anonymous No.13092316]

>>13092235
Go wagecucking asap and put money in btc you still have 3 months.

[Anonymous No.13092471]

>>13091878
wait for Bitcoin to finish crashing then spend your entire 401(k) on hoarding bitcoins

[Anonymous No.13092541]

>>13092316
How do we know it's three months?

[Anonymous No.13092580]

>>13092541
TA

[Anonymous No.13092609]

>>13092541
The bitcoin halving is at 15 months more or less(when the supply rate is reduced and the price goes up).

Generally the price started to go up a year before since people started buying and using it as a currency is pretty comfy when the price goes up between your transactions.

Son in 2 to 3 months btc price will start to go up, a crisis exploding will only accelerate this as fiat would be printed non stop to "stimulate the economy".

In short the perfect storm aproaches for the world and btc is a sailboat that wll be moved by it to greatest prices.

It´s cool until you realize that the shitstorm will not be like 2008 , not even like 1929 , it will be french revolution insanity level as the inflation fucks everyone until they can´t pay rent and every side starts to blame each other.

It will be even worse if a socialist retards wins , in that case bitcoin will surpass the million dollars 100%.

Scary times are ahead but if you are not willing to lose everything you are not going to win everything.

Fortunes will be won on crypto on the next crisis and the entire keynsian economic theory and central banking system will come under total questioning by the general population because right , left , libertarians and conspiratards will attack it.

[Anonymous No.13092645]

>>13092580
I'm retarded what does "TA" mean

[Anonymous No.13092656]

>>13092645
Technical Analysis young anon

[Anonymous No.13092671]

>>13089572
America discovered an economic cheat code. But it’s only effective as long as the world currency is USD.

[Anonymous No.13092673]

>>13092656
fuck, I thought it meant "table analysis", I guess that shows how much I know

>>13092645
we had CAPS LOCK ANON on here a short while ago showing everyone how there will be a fourth bull run, except at the time the predictions were that the next bull run won't start until 2020. However, taking into account things starting to already happen like the subject of this thread, the train might be leaving the station a lot sooner.

[Anonymous No.13092682]

>>13092656
Oh ok ty

[Anonymous No.13092757]

So what should people do with their ROTHs and 401ks? Move funds into a money market? Pull entirely out or if you're young, just let it ride through?

[Anonymous No.13092766]

>>13089473
https://youtu.be/-6TakptwyaE

[Anonymous No.13092786]

>>13089968
>PUTIN RECORDS
What was meant by this

[Anonymous No.13092788]

>>13091892
>just ignore that it was obongo with bernanke and yellen who made this
Stupid redditard, fuck off

[Anonymous No.13092808]

>>13090787
>globalist reforms
>FDR
>protectionism and preventing capital flight (via seizures of gold/solid-currency) is a globalist policy.

lol

[Anonymous No.13092836]

>>13092151
i-it's not his fault
>t-the GOP isn't responsible for stuff that happens under their watch.

[Anonymous No.13092848]

>>13092836
Will you good goys stop bickering about democrats and republicans already? God damn no wonder you all get swindled right under your very noses.

[Anonymous No.13092862]

>>13092836
i'm glad we already played the tax cut card when our economy was booming

[Anonymous No.13092897]

Anyone buying into the stock market now is going to get completely REKT over the next 2 years.

[Anonymous No.13092990]

>>13092609
Based anon
great analysis,
What would you do if you were a poorfag like me and only had 10K? plus 1k a month surplus to invest?
What you think of link or risky plays to get more btc?

[Anonymous No.13093018]

>>13092990
BTC and only btc , go all in as an insurance in case that 2020 goes to shit.

If you doubt on the investment imagine president Sanders with vicepresident Cortez at the 2021 inauguration and after that gives you more fear go all in BTC.

But learn about it before and buy a hardware wallet like a trezor.

So you have 3 months, start to learn asap and then invest as much as you are comfy to protect yourself.

[Anonymous No.13093029]

When is VTSAX going on 50% discount?

[Anonymous No.13093123]

>shills that bought at 15K doing their shilling and telling people to buy bitcoin
>Instead of telling them to buy inverse S&P500 ETF

[Anonymous No.13093268]

>>13093018
Why don't you see smart contract usage/Link taking off?

[Anonymous No.13093295]

>shorting all of your papers because of a recession
Just hedge for the bailouts idiots

[Anonymous No.13093332]

B L A C K M O N D A Y
L
A
C
K

M
O
N
D
A
Y

[Anonymous No.13093420]

>>13089473
> manages your wealth

[Anonymous No.13093466]

>>13089864
>pixels are gold
>the pixels aren't even anonymous pixels
>the pixels aren't even decentralized pixels

wew

[Anonymous No.13093633]

>>13091882
The Jollibee Empire will raise from the ashes of mankind and conquer the East

[Anonymous No.13093824]

>>13089878

Hyperinflation is the issue, not the solution. Ecb and the fed are private businesses.

[Anonymous No.13093974]

We're in the second longest running economic expansion ever, 117 months now. The US record is 122 months for the tech bubble in the 90s.

Expecting a recession within the next 18 months is conservative as fuck, it would mean not only that we beat the record, but that we beat it by more than a year.

[Anonymous No.13093990]

>>13093974
Honestly i expect the next full on recession to happen within 2-9 months from today.

[Anonymous No.13094012]

>>13093990
Same. It seems like an inevitability. Everyone is squeezed too thin, and the lag is already tangible. It feels just like the buildup to 08.

[Anonymous No.13094116]

Here's a chart of the yield curve over 60 years that shows about 90% correlation with recession.

[Anonymous No.13094306]

Heavyweight trucks ain’t crashed yet. We’ve got another few months at least IMO.

[Anonymous No.13094315]

>>13092609

[Anonymous No.13094328]

>>13092990

In the end, there can be only one.

[Anonymous No.13094329]

>>13089676
>everyone that doesn't take the fox news at face value is a communist

[Anonymous No.13094365]

>>13094306
That's what all the economists are predicting. Q3 maybe Q4 at the latest.

[Anonymous No.13094370]

>>13092117

Who is this? Travis? Arthur?

[Anonymous No.13094402]

>>13092117
It doesn't matter if you disagree with PoS or not. The truth is BOTH coins will skyrocket in the event of hyper inflation. My money would actually be on bitcoin cash since it has bigger blocks and the devs aren't afraid to raise the block size even more if they need to. where blockstream is pretty set in their ways that BTC will never see a bigger block size.

[Anonymous No.13094677]

>>13090172
No way this is real. My sides!

[Anonymous No.13094689]

>>13090347

It's just a fantasy. He was caught in a landslide and could not escape reality. Just open your eyes, look up to the sky and see.

[Anonymous No.13094785]

>>13092757
If young just ride through. Maybe stop buying with new cash and watch and wait for a year. The yield curve inversions usually predate a recession by about 18 to 24 months.
>>13092609
>Son in 2 to 3 months btc price will start to go up, a crisis exploding will only accelerate this as fiat would be printed non stop to "stimulate the economy".
Not likely. Btc isnt rising until later this year and then will reach ath again in 2020. The halvening is a slow adjustment to sell side supply not immediate price action.

[Anonymous No.13095459]

>>13090172
STINKY

[Anonymous No.13095491]

>>13090172
In on beg thread

[Anonymous No.13095505]

>>13089868
>The day we’re right
yea but that could be like in 100 years bro

[Anonymous No.13095623]

>>13090362
YES, IF IT IS BITBEAN
t. not a holder of bitbean nor a financial advisor

[Anonymous No.13095654]

>>13089473
>tik tok tik tok

[Anonymous No.13095751]

>>13095623
Oh hey boomer. How's the repair work going?

[Anonymous No.13095851]

>>13095654

gonna be a bloodbath mate, aiyiyi

[Anonymous No.13096125]

>>13092786
it's RASPUTIN, but the sign is cut off

[Anonymous No.13096253]

>>13090172
Now this is a man, pure elegance style and mastery over the brutal tribal game of trading. One who risks it all on the future of revolution.

>0xbff006b9a119dfdc12568db6b06df1d928d0abf5
>plz link me up

[Anonymous No.13096379]

>>13095654
The boomerapocalypse is going to be like the fall of rome.

[Anonymous No.13097087]

>>13089473
FAKE NEWS
BEST ECONOMY
Its only a short slowdown and we will pick back up in Q3

[Anonymous No.13097105]

>>13094402

But you want smaller blocks to prevent the chain from growing exponentially. It's better to have several payment layers and atomic swaps than huge blocks.

[Anonymous No.13097506]

>>13089928
Cringe

[Anonymous No.13097519]

>>13090172
kek no way

[Anonymous No.13097532]

>He thinks the ride will end
I remember when I was young.
>>13093466
This guy unironically is trusting a jew.

Lmfao @this whole thread

[Anonymous No.13097553]

>coins
>not buying bars
Retards

[Anonymous No.13097833]

>>13097087
>Trump's economy best economy
Best bubble in years.

[Anonymous No.13097840]

>>13095623
>BITBEAN

I've been trading crypto since early spring 2017, getting first into ETH then. I stopped trading the last 16 months. I'm now working as a dev again, making $86k. Instead of going back to day trading again, I'm going to put $6,000 in two and two coins alone:

>Bitbean
>Doge

My new goals in crypto are to make >=500% on DOGE and >=750% on Bitbean.

Not yet. There hasn't been enough capitulation and sideways accumulation yet. But this time, patience. I wait for DOGE between 35 and 16 sats.

[Anonymous No.13097847]

>>13097840
Lain is love

[Anonymous No.13097919]

>>13094012
Yeah basically. In 2007-08 people were saying recession in 2 years just like today. Little did they know they were already in one.

Late 2018 could have just been the first leg on the way down. We might not break the highs.

[Anonymous No.13097965]

>>13089473

Negative interest rates here we come.

[Anonymous No.13098114]

>>13097965
This is pretty much the only thing they can do at this point.
Entire system is inevitably fucked.

[Anonymous No.13098144]

>>13091262
Just asking, if i pottentialy own a agribusiness in africa? I am safe???

[Anonymous No.13098175]

>>13098144
>africa
we both know the answer to this

[Anonymous No.13098181]

>>13098144
Not if you're white.

[Anonymous No.13098186]

>>13098175
I know but i actually do, hope i can move to Thailand soon, i am done here

[Anonymous No.13098193]

>>13089928
"Too big to fail" Do you remember where that came from? It was said a lot in 2008. Or were you still sucking mom's teet?

It's creepy to see this phrase unironically popping up again lately. Humans don't learn and you can long that fact to the bank

[Anonymous No.13098203]

>>13096379
It will be worse.

[Anonymous No.13098223]

So, are state bonds safe enough? I don't care If I'm only getting 2.5%, at least it won't be -50% like in stocks

[Anonymous No.13098230]

>>13098193
>>13098114
>>13097965

I am sitting on 50k cash currently and 50k invested. What is my best course of action at this point? Wait for the low point and go in? Should I leave what I have in on the market? It is in healthcare and in Chinese tech currently.

[Anonymous No.13098238]

>>13098144
Depends of your skin color , gif related , the consequences of post breton woods and keynsian insanity have been a total collapse of birth rates due to unaffordable houses and welfare state dysgenics.

The west is in the calm before the storm.

[Anonymous No.13098241]

People forget that the reason Bitcoin came about was because of this. It is a currency that the givernment can not confiscate, like they did with gold.

[Anonymous No.13098253]

>>13098203
I am starting to think that will be the case , the fact that interest rates are at near 0 and a crisis is aproaching means they are going to go for the cashless society.

Problem is that no country will allow digital dollar circulating.
People buy the usd to protect themselves of worse fiat devaluation.

What happens to the petrodolar reserve currency when the us goes full cashless and the rest of the world can´t longer buy those usd because local regulations ban foreign currencies?

The boomerapocalypse happens.

[Anonymous No.13098257]

>>13098230
Don't panic. Retail gentiles cannot time the market.

[Anonymous No.13098266]

>>13098230
Health is fine , chinese tech not so much.

At this point we are all fucked but being with cash is a problem invest some in bitcoin core(BTC) if they go for the cashless society way this will happen
>>13098253

Because of this
>>13098241

[Anonymous No.13098286]

>>13098238
Wtf happens to South America??? Also fckin india dear Lord. Based Thailand

[Anonymous No.13098300]

>>13098286
South america is pretty developened and has the same wages than china if not more , the fertility is stable there and will soon go negative like europe.

The americas are fucked without the usa being strong.
By the end of the century there will be 1B people in the americas and 10B in the rest of teh world.

[Anonymous No.13098302]

>>13098266
lol look a crypto moron. Thanks but no thanks

>>13098257
The thing that gets me man is that we have been in bull for 10 fucking years.

[Anonymous No.13098328]

>>13090903
larp af
wifes never leave the kids to the guy if they have a chance at sucking the money out of them

[Anonymous No.13098355]

>>13089868
You only lose money if you sell

[Anonymous No.13098364]

>>13089987
Get off this board.

[Anonymous No.13098405]

>>13098302
>The thing that gets me man is that we have been in bull for 10 fucking years.

Crypto moron here , don´t worry boomer , go put your investment in dividens that give 1% interest per year when the inflation is 2% , everything is going to work fine.

[Anonymous No.13098709]

>>13089868
the expression is "sweeping us under the rug"

not that a dumbass millenial would know anyways

[Anonymous No.13098915]

It's not going to happen. It should have, but it won't.

t. saw Big Short

[Anonymous No.13098948]

>>13094785
>Not likely. Btc isnt rising until later this year and then will reach ath again in 2020. The halvening is a slow adjustment to sell side supply not immediate price action.

True anon , but the only factor at this point is mtgox 137k coins, on retrospective they will be 1/3 of mined coins after the next halving , it´s not a great ammount to move the market but if they are dumped by the japs the effect will be delaying to early 2021.

That being said before every halving the price was already stable and increasing slowly , the halviing price action this time is going to take more.

In my opinion the best scenario is unironically the mtgox jap selling and crashing the price.
Why?Because bitcoin halvin effects will be delayed by 137k coins of liquidity returning to the markets , this means that the halving price effect would be delayed by 4 months literally to the us election.
And the price pressure to very very late 2021 , this means that if a crisis happens during that time the price will be even more than anyone here expects.

Fucking hell every time one looks at past predictions of bitcoin forums the predictions were totally wrong and on the lower side.

People predicted 4000 max last time and it ended up at 19k.
Before at 300 usd and ended at 1200.

Every prediction was actually surpassed in reality.

[Anonymous No.13098980]

Recession in 2021. Don’t @me.

[Anonymous No.13098988]

>>13089868
actually I'm making a killing in shorts, but you're still a doomsday faggot

[Anonymous No.13098998]

>>13098238
So go long bananas and curry?

[Anonymous No.13099064]

>>13089868
who will buy your boomer rock bags when shit goes down, brainlet? you're fucked too unless you own real wealth

[Anonymous No.13099080]

>>13089928
lol these are the kind of people that fomo at the top

[Anonymous No.13099091]

>>13099064
Only brainlet here is you idiot. Boomers still control the vast vast majority of the worlds resources and capital. If you think weee in for a mad max scenario immediately you’re a retard. You’re also a retard if ou think boomers are going to panic buy bitcoin over gold and silver

Neck yourself dumbass. You’re literally gonna be lucky to drink my piss for water after the coming financial reset

[Anonymous No.13099097]

>>13099080
>implying gold and silver aren’t real wealth

WHEW lad, time to pull out a history book or two and actually read something for the first time in your life.

Also here’s the kicker to this entire conversation: I’m far better at coding than you, and own much more bitcoin than you. You are a pleb and I am genetic nobility. That is the way of the world, no need to be upset

[None !xAp8U/bVec No.13099103]

>>13099064
(you) have a huge bag of wheat, the society kinda stabilized, you want to buy a donkey to travel on, you take huge bags of wheat to armed 70 yo veteran farmer.
"I offer you these bags of wheat in exchange for a donkey"
"but i already have bags of wheat, i want chlorine"
"gee i wish we had a dividable, malleable, noble metal that has held great value throughout history to barter with"

[Anonymous No.13099105]

I have 560 dollars in the bank (about). How much can i buy with that and what should i buy if i want to get rich off of other people's misfortune?

[Anonymous No.13099108]

>>13099105
Stack physical silver bullion

[Anonymous No.13099111]

>DERE WILL BE FOMO IN 2020 OR 2021 TO PUMP MY BAGS

hey, retarded bulls. it will take a year or two for the average person to even feel the effects of a recession, and even more for them to get truly desperate.

you think there's gonna be FOMO the instant a recession is called? lmao

CAPSLOCK anon is right: 2022 or 2023

[Anonymous No.13099117]

>>13099111
During a financial crisis there will be room into pms tho

[Anonymous No.13099128]

>>13099108
How do i do that?

[Anonymous No.13099156]

>>13099091
>Boomers still control the vast vast majority of the worlds resources and capital.
>they're going to be buying my gold bags
lmao max delusion
>>13099097
yeah the jew made it their business to turn it into 'wealth'. Its not wealth its a fucking metal. Real wealth is land and resources, factories, workforce, infrastructure. You know, what big companies and governments own.

>>13099103
so how much gold is that chlorine worth now that the dollar went to shit? 1 oz? 5? 15? also i thought you werent talking about a madmax scenario, retard

[Anonymous No.13099163]

>>13099103
nvm thought you were the other poster. If we got into a barter situation, gold would be the last thing on people's mind

[None !xAp8U/bVec No.13099183]

>>13099156
Think of gold as 500 euro bills, noone walks around with rolls of 500s in their pockets to buy groceries.

Silver is change for gold, copper change for silver. Thats how it's always been, hence why theres significantly more low grade, featureless silver and copper coins than gold coins.

[None !xAp8U/bVec No.13099193]

>>13099163
exactly, gold would be useless in utility, you cant eat it, or wear it or defend yourself with it. Its only use would be to barter. Everyone from Putin to a fetus in a cuban bar's bathroom knows that gold is valuable, since the start of civilization.

[Anonymous No.13099211]

>>13099183
>>13099193
yeah people will use a metal where 90% of supply is owned by like 1% to barter and the price is fixed in fucking London, give me a break.
If you havent noticed, many things have changed since the start of civilization. This isnt the 1700s anymore, gold is shit both as store of value and for barter

[Anonymous No.13099517]

>>13099211
>gold is stupid as it’s ownership is highly centralized
>you should buy crypto instead as it’s the current year

[Anonymous No.13099543]

>>13089473
If you're on /biz/ and haven't been accumulating pic related at and around the market bottom right now to dump on preppers, boomers, and normies at panic buy prices in a few months time, you have failed at buying low and selling high.

[Anonymous No.13099557]

>>13099517
Holing more than 100 BTC in one address is silly and the high amount of wallets with less than 0.001 are just unused wallets with dust left in them so that picture is meaningless.

[Anonymous No.13099564]

>>13099517
at least you know whats going on with btc.. with gold you will be fucked in your little anus hole

[Anonymous No.13099667]

>>13099557
>totally misses the point
Never change

[Anonymous No.13099757]

>>13099156
Pure cope. You don’t own any gold and silver so rather than admitting the reality you’d rather continue to cope about how your btc bags will magically moon.
Newsflash retard, BOOMERS CONTROL QUADRILLIONS literally QUADRILLIONS in wealth. And none of them understand what the fuck bitcoin is. When the world is shitting itself they will NOT buy a series of numbers. They will go into shiny rocks that have industrial use case and have been the standard of human wealth for thousands of years

Only after the collapse will crypto adoption truly begin. I am a massive crypto die hard but it’s time for you faggot zoomers to admit the reality of what’s about to happen. If not you’re in for a hard time

[Anonymous No.13099759]

>>13091018

I still don't get your point. What is the problem for banks to print MORE fiat and cover/inflate the debt? What has changed since 2008?

[Anonymous No.13099773]

>>13099193
>>13099163
Cringed and bluepilled
>>13099211
Cringe, btc is far more centralized in terms of ownership than gold and silver. It hasn’t had enough time to reach a true Pareto distribution. Many central banks not owned by the rothschilds own massive amounts of gold. Literally one guy owns 5% of all the btc supply that will ever exist. I’m gonna keep buying btc but Keep coping ffs

[Anonymous No.13099783]

>>13099543
/thread. We’ve been spoon feeding you retards about silver more than you deserve

[None !xAp8U/bVec No.13100031]

>>13099783
why the fuck silver eagles so high in premium.

[Anonymous No.13100081]

>>13100031
State minted coins have a higher premium than generic rounds, but theoretically can be sold for more as well.

[None !xAp8U/bVec No.13100114]

>>13100081
ive been stacking Britannias, Maples and silver Krugerrands, they all have very little premium, look better, and dont have the disgusting name of the U*A.

[Anonymous No.13100150]

>>13099517
>>13099757
>>13099773
where the fuck did i say crypto is the viable alternative? you faggots are making it into a pm vs crypto thing, cause you probably bought gold around 2010-12 instead of crypto and are still mad as fuck about the gains you missed., so you make pm threads and shill for the collapse of the economy/fiat in hopes someone will buy your bags at a premium. Well guess what, the boomers with QUADRILLIONS already own the fucking gold, they're not buying your fucking less than 1kg stack, they're the ones who SOLD you that, and they didnt make those QUADRILLIONS by being dumbasses.

IF there is a collapse it will be engineered for a reason, at it makes more sense that they created crypto as a experiment into virtual, traceable currency (hello we are in the fucking digital age) and that we will move into that direction, than we are ever to see insane gold prices where you buy mansions with your shitty stack

[Anonymous No.13100195]

>>13100150
i repeat, the boomers you people say own all the wealth SOLD you the gold for FIAT, which they spent in REAL wealth like land, more buildings and offices, more factories, etc.
And you say these people will go into 'rocks that have industrial use', let me guess they'll buy it from you? LMFAO, keep coping pmtards

[Anonymous No.13100317]

>>13100195
>implying anyone here is selling

[Anonymous No.13100359]

>>13100317
you will sell eventually, either for fiat or a house, a car, whatever. Otherwise enjoy your expensive hobby, anon

[Anonymous No.13100362]

>>13100150
You think the banking boomers are the same as the hedge fund and mutual fund and investment fund boomers? Jesus fucking Christ You’re a fucking retard man.

Boomers are not just one block. What’s going to happen is the boomers who have accumulated (jpm goldman other major banks) are gonna sell their bags to other boomers (mutual fund owners, average people trying to conserve their wealth, etc) at a massive, multiple time premium.

Zoomer crypto’s are not part of the equation. Also you’re a fucking retarded brainlet who has never written a line of code in his life if you think the CIA or nsa or ((they)) invented crypto as some means of control or subversion. This theory is repeatedly touted by brainlets with no understand of economics, rent seeking or what crypto vs fiat actually is

Please shut the fuck up and sit down, and bend over while you’re at it because the long rod of reality is about to get shoved up your ass

[Anonymous No.13100379]

>>13100359
I absolutely do and will. Thankfully I can afford it as I already own all those other things.

[Anonymous No.13100522]

>>13100362
they're not buying your pm bags at inflated prices, you're not getting rich off of holding a stupid metal, deal with it faggot

[Anonymous No.13100707]

>>13089572
based and MMTpilled