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/biz/ - Business & Finance


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19060696 No.19060696 [Reply] [Original]

Imagine putting your life savings into Bitcoin that you busted your ass for imagine wagecuking every day of your life dollar cost averaging imagine going into debt to buy Bitcoin while these lizards can just mint fake dollars and buy all the Bitcoin they want for free.

How does it feel /biz/?

>> No.19060772
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19060772

look at him
he thinks its funny
your lives are nothing but jokes to him

>> No.19060814

>>19060772
>>19060696
The money is not real until real dumb money comes in. Based chinks are pumping the market to lure the normies in. Then we will together dump on the normies. I get rich, the chinks get rich, everyone wins except the normie bagholders.

So where's the problem?

>> No.19060992

>>19060814
Here’s the problem: there aint no other normie bagholders except you.

>> No.19061309

>>19060814
they are buying bitcoin for free - $0
bitcoin is worthless under these circumstances
it does not have any real value

>> No.19061352

>>19060696
Friendly reminder that someone printer like 5 trillion Tether "by mistake" not long ago.

This entire market is a fucking disgrace at this point and that Binance chink is going to pay.

>> No.19061396

>>19061309
when its all said and done, you poverty is from 2 main causes: genetics and the fact your mom is such an evil bitch she ran your dad off.

>> No.19061421

>>19060696
>these same lizards can infinitely print that same dollar and use it for gibs
imagine my shock, btw there’s only so many Bitcoins they can buy on the open market

>> No.19061494

>>19060696
>while these lizards can just mint fake dollars and buy all the Bitcoin they want for free
you don't even know what the fuck you are writing lmao
so now you think someone just makes up dollars and any fucking chump accepts it?

>> No.19061578

>>19060814

You are the normie bagholder

>> No.19061597

There’s always a bigger fish.

>> No.19061650

>>19060696
>these lizards can just mint fake dollars
>meanwhile over at the USD money machine... BRRRRRRRRRRRRRRRRRRRRRRR
Tether has been fully vetted by the US government and they concluded all the money getting minted is real, which was probably surprising to them because they continuously print fake money that shouldn’t ever exist. The more USD we print, the more of it will go into BTC. That’s an inflationary asset getting printed to buy a deflationary asset. It’s actually proof BTC is a better currency by every measure.

>> No.19061678

>>19061650
imagine obsessing that "tether isn't backed" when its backing isn't backed.

>> No.19061720
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19061720

>>19061494
yes

>> No.19061746

what you dont know is thah under the current global situation the us endorses the tether minting instead of being opposed to.
mayyybe after the epidemic the crypto market will get fucked

>> No.19061828

>>19061650
say wasn't bitcoin supposed to be the direct opposite of the fed? peoples money? financial freedom from the banks?
>le chancellor on the brink of bailout
lel give me a fucking break

>> No.19061847

>>19060814
>So where's the problem?

normies ain't coming and you killed this market forever

>> No.19061870

>>19061847
t. gay nocoiner

>> No.19061885

Wouldnt tether crashing cause the price of bitcoin to moon overnight? USDT has a marketcap of 6 billion, that could hit the market, and you wouldnt be able to cash out your btc instantly on most exchanges. All of this would be followed by massive FOMO

>> No.19061940

>>19061885
people would just move to usdc or whatever and it would take over. then the losers would say: "usdc isn't backed"
losers will be losers forever.

>> No.19061994
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19061994

>>19061828
yeah ...

>> No.19062068

>>19061940
USDC get audited every month, which is why they are not printing billion every month like tether, unlike that finex scam, USDC actually require real backing to be minted
you can't just switch from one to the other because nobody will take you trash tether, they will literally be worth zero

>> No.19062078

>>19061885
no all usdt holders would be bankrupt as their token value would drop from 1 to 0 usd
>>19061940
i dont give a fuck if its backed or not the issue here is that we are getting fucked over

>> No.19062152

>>19062068
>the audits is why usdc sucks
nah fag. usdc = brian armstrong super duper duper kyc fag fed coin.
people dont like using it because brian is a fag and will ban you if you do something he doesn't like like gamble
git gud fag and learn the market you are in

>> No.19062210

>>19062152
>git gud fag and learn the market you are in
yeah it's not a market it's just a large scale ponzi scheme

>> No.19062278

>>19062210
>ponzi scheme
is a term habitual losers use after being bullied constantly.
your mom is needy and has narcissist tendencies. THIS is what drove your dad away. stop listening to her bullshit reasons.
at some point try to reconnect with your dad. talk with him and listen to his side of the story. you need some positive male influence.

>> No.19062342

>>19060772
I'm american. I'm used to the rich considering my life a joke and expendable.

>> No.19062360
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19062360

>>19062278
>is a term habitual losers use after being bullied constantly.
>your mom is needy and has narcissist tendencies. THIS is what drove your dad away. stop listening to her bullshit reasons.
>at some point try to reconnect with your dad. talk with him and listen to his side of the story. you need some positive male influence.

lot's of projection there faggot, my parents are still happily together after 33 years
I'm sorry you're too stupid to realize you invested in a complete scam

>> No.19062401

>>19060992
Exactly. There’s never going to be mass adoption, so the bag holders are the people who own them now

>> No.19063016

IT FEELS BAD I FEEL BAD REALLY BAD