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/biz/ - Business & Finance


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16071097 No.16071097 [Reply] [Original]

Argentina, Venezuela, Hong Kong, etc.
>BUT MUH STONK MERKET IS STRONK
lel the everything bubble is about to pop and buttcoins aren't going to save you
We going back to the Dark Ages, lads.
Oh, and Maunder Minimum. At least I will be able to grow my grapes in South Texas while the North freezes over.

>> No.16071208

>>16071097
Argentinean here , btc was literally sold for 16k usd here today , crypto will thrive , but not all , the bubble collapsing will destroy most but not all , btc ltc and xmr are safe but most of the market will be destroyed.

>> No.16071225
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16071225

Should we become Bobos

>> No.16071230

>>16071225
for most of the market yes , for proof of work currencies based on scarcity (and with low inflation) things are looking better and better.

>> No.16071265

>>16071208
Your right about pow coins having the best chance of survival. So much of this board is all in link though, their only hope is the enterprise level need to cut costs, plus it has a hard cap lucky for them. Btc xmr, maybe link will survive imo, but no swift and link dies.

>> No.16071279

>>16071265
Yea proof of work has a base price in which miners stop mining and selling to cover costs they will survive , at worse scenario they crabb during the entire crisis and then moon once the pumping starts.

>> No.16071337
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16071337

>>16071097
>We going back to the Dark Ages, lads.

Can't wait!

>> No.16071425

>>16071337
I wanna believe. So I can larp. So many options, knight, conquistador, samurai, witch hunter, dragon slayer. Woot!

>> No.16071443

>>16071097
>some shithole middle east place is collapsing
big fucking whoop

>> No.16071569

>>16071208
Asuka prophecy fulfilled!

>> No.16071586

>>16071265
LINK is the banks only hope in dealing with the hundreds of billions of dollars worth of contracts in any efficient and meaningful way. It's their only ace in the hole for dealing with such a crisis.

>> No.16071743

>>16071443
USA and the rest of the West is collapsing economically, socially, demographically, culturally and thousand other ways?
Jew: big fucking whoop

It was the cradle of civilization once btw, birthplace of Europa and the strongest navy for thousands of years. Yes goddess Europa came out of present day Lebanon, after which the continent is obviously named.

>> No.16071761

>>16071743
Nothing lasts forever.

>> No.16071810

>>16071743
is it that what you are being told in school?

>> No.16071814

>>16071208
why did it sell for twice the market price

>> No.16071832
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16071832

>>16071097
>Argentinian collapse
What is it, the 10000000000000000000000000000000000000000000th time?

>Venezuelan collapse
More political reasons than a sign of bad economy/business

>Hong Kong
More political than a sign of bad economy/business.

>Lebanon
Literal who with little impact on even the regional economy. During the Lebanon war where its economy collapsed from war nobody felt a thing.

>> No.16072293

>>16071832

add to it protests in Netherlands, Germany, and especially France. Police SHOT firefighters last month.

Chile and Bolivia also rioting. Alberta and Sasaketchewan and Quebec all want to secede from Canada.

>> No.16072302

>>16071569
this

>> No.16072307

>>16071814

severe USD restrictions for Argetinian anon's so the only escape out of their useless shit junk currency is currently BTC and gold.

>> No.16072329
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16072329

Lebanese fag here. BTC is going for 22k on the streets. EOS "clubs" are taking off underground and is selling for $85+

>> No.16072343

>>16071208
>>16071569
Argentina is where all the ex-Nazis went after WW2. Asuka is of German descent. This fits the prophecy.

>> No.16072346

>>16071586
>Link is the world's only hope!
You are a fucking retard.

>> No.16072347

>>16071225
Quick question how do I short the human population?

>> No.16072375

>>16071337
>leet digits
deus vult!

>> No.16072421

>>16072329
I am Lebanon fag too
But I'm /biz/ let
What is going to happen to us ?

>> No.16072453
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16072453

>>16071097
We need Algorand to build on.

>seriously
>https://medium.com/algorand/the-borderless-economy-is-here-4906c516f004

>> No.16072493

>>16072307
they can't access binance or what

>> No.16072800
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16072800

>>16071810
>they teach you about jews or real history in school
your brain on propaganda

>> No.16072894

>>16071097

just becuase some third world shithole collapses doesnt mean anything bad will happen in the real world.

the SP500 won't move 1% if 50% of nigeria starves to death

>> No.16072982

>>16071097
>Dark Ages
Better stack plenty of gold and silver so you can be a feudal lord. Not a serf.

>> No.16073004

What's happening in Lebanon?

>> No.16073043
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16073043

>>16071425
man with gun

>> No.16073058

>>16071425
You'll probably end up a poor peasant farming for your feudal lord if you don't have plenty of silver/gold stacked.

>> No.16073064

>>16071097
>Argentina
shithole

>Lebanon
shithole

>Venezuela
commie shithole

>hong kong
riots != collapsing

>> No.16073095

>>16071208
Why would anyone pay 16k when they can just use the internet and pay 9k?

>> No.16073194

>>16073095
if you know a good place that accepts worthless peso's.

>> No.16073285

>>16072329
>EOS "clubs" are taking off underground and is selling for $85+
can you explain, please?

>> No.16073737

>>16072453
DeFi is what especially useful in failed state shitholes. Is Algo in that field yet?

>> No.16074004

>>16071814
Capital controls have been impossed and people can't buy more than 200 usd in foreign currency.

>>16073095
Capital controls have been impossed , you can't buy online since we are cut from international exchanges and you can't do arbitrage since if you sell here you get pesos that you can only send back to your country with bitcoin or by taking a plane.

>> No.16074076

>>16074004
what about bisq

>> No.16074175

>>16071208
Not link fggt

>> No.16074329

>>16072329
Calling bullshit on this

>> No.16074344

>>16073004
Mass protests against corruption, banks are shutdown to avoid runs

>> No.16074363

>>16072800
> your brain on propaganda
ironic, given you believe the west is “collapsing” because people troll each other on the internet