/biz/ - Business & Finance

[Anonymous No.19408726]

Sell Sell Sell! Get out before you get dumped on!

[Anonymous No.19408813]

>>19408726
Coin fags BTFO by smart people LMFAO

[Anonymous No.19408859]

>>19408813
This guy a Partner most likely from the B4 or Big 3 consulting ahahhahah. Get out if your in profit, you’re gonna get dumped on ahahhaha.

[Anonymous No.19408881]

is this the bank that makes calls and it goes the other way the next day?

[Anonymous No.19408922]

>>19408726
>investments
This is a gambling addict support group not an investment website.

[Anonymous No.19408995]

Oh STINKIES how is that google partnership working out! Here someone at google who hates crypto ahahahhahaha.

[Anonymous No.19409144]

Holy shit this is unsettling.

[Anonymous No.19409151]

>>19408881
Yes, 100% of the time they say one thing and do the opposite on every financial move that's mattered in US history

[Anonymous No.19409170]

>>19408726
what is this wagie-cope pajeet website?

[Anonymous No.19409206]

For bitcoin they might have a point except on inflation. Bitcoin is a currency so as an investment its questionable

They are clearly ignorant on ethereum and smart contracts though. The DeFi space is growing rapidly, and there are many tokens which -do- actually provide cash flows. So they're simply wrong on that. Clearly the people making this slide don't know that much about cryptocurrency.

[Anonymous No.19409207]

>>19409170
It fishbowl, you need to actually have a work email of that place to be able to even enter there. So everyone who replying is in fact working at the B4 or some other big firm from the looks of it.

[Anonymous No.19409227]

>>19408726
>spot on

[Anonymous No.19409233]

>>19409206
Cope son, it over crypto is dead. There is no institutional support coming. That guy who respond is a principal. Aka he has equity in these big firms and clearly he doesn’t believe in your scams.

[Anonymous No.19409264]

>>19409233
Stop acting like because you're a principal at GS you know everything. I work in prop trading at a major firm, I know lots of prop traders. I know lots of people in IB too. Most of them literally know nothing about crypto. They are not some kind of all seeing seers that know everything about finance. They will know how to do mergers and acquisitions advisory in a specific sector and won't have specialised knowledge in many other areas.

[Anonymous No.19409272]

>>19408726
Goldman is very comfy with their business processes, let's check what they had to say about internet in 1990s

[Anonymous No.19409300]

Even fucking russia is moving their asses
>https://www.ledgerinsights.com/russias-central-bank-mulls-digital-mortgages-on-blockchain/

[Anonymous No.19409339]

ITT: Coincucks getting dabbed on ahahhahahahahahhaha.

[Anonymous No.19409477]

>>19409264
These people prob know politicians and people high fucking up. They meet with the CEOs all the time. All they have to say in a board meeting is that, “not a suitable investment” and boom your fucking done.

[Anonymous No.19409828]

Here are 2 questions that decides whether (you) will make it or not. If they showed a super bullish slide, would that make you bullish? If they were accumulating, what do you think their outward communication would be?

[Anonymous No.19409872]

>>19409477
Wow you are actually retarded. None of these people are decision makers. Nobody of importance shitposts on websites all day.

[Anonymous No.19410132]

>>19408813
It’s funny because every bullet point can be applied to shiny rocks but boomers love them. All rock holders want is for their metal to boom so they can offload them to the next guy.
>You say no because muh gold standard?
Are you telling me you bought because you thought price would go down? Hahah fucking boomers are retarded.

[Anonymous No.19410228]

>>19409477
You’re 100% right BTC to ZEROOOO I tell you ZEROOOOO

[Anonymous No.19410230]

>>19409477
Wow how can a gorilla nigger even get their fat nigger fingers on the fucking keyboard.
I’m astounded you fucking pavement apes found this website. Fuck you

[Anonymous No.19410279]

>>19410230
Mad cause his shit coins got exposed!

[Anonymous No.19410446]

>>19408726
This post is retarded. Goldman Sachs is an investment bank for institutional investors such as university endowments, boomer corporations (Coca Cola), and pension funds. Of course they would never recommend such a high-performing asset that lacks a fee and creation structure they can take advantage of. Goldman wants to loan money at interest, or offer CDOs (and other financial instruments they create and control) to their clients.

[Anonymous No.19410561]

>do not generate cash flow like bonds
neither does real estate/private metals. it sort of does too if you count staking some coins.
>does not grow with global economic growth
The price of bitcoin follows the US stock market pretty decently. im unsure of what theyre smoking.
>do not provide consistent diversification benefits due to unstable correlations
im actually a tad bit of a brainlet when it comes to this one but why would you want to diversify into something that is heavily correlated with another asset class/security that you hold. what is even the point of said diversification
>can't hedge inflation
yeah it probably cant with how volatile it is but not everything has to hedge against inflation

[Anonymous No.19410632]

>>19410446
well no, anon, don't be delusional. A ""high performing asset"" doesn't fluctuate 30-50% up and down per year. They don't fucking """fear"""" crypto It's really more that

A. If you dumped billions into btc/other crypto, it'd moon pretty fucking fast and people would dump their bags pretty fucking fast.

B. Most large organizational investors like universties/etc dont want to randomly make and lose 30% a day/year. They want to make a steady 4--9% a year because they don't want to lose all their damn money. This is because their money is actually important and many thousands of people depend on it, as ckmpared to us as individuals where if we lose 50% all we do is post pink wojacks and cry about the missed gains and Indians.

[Anonymous No.19410702]

Buy Monero.

[Anonymous No.19410761]

>>19410632
fluctuation is irrelevant when the long-term trend has been up. look i don't give a shit if goldman sachs wants to recommend it or not. I think private individuals should take advantage of these potential gains. especially when the employees of goldman start to fomo in next bull run and then i can dump my bags on those faggots.

[Anonymous No.19410802]

>>19410632
and i never said goldman fears anything. as you pointed out, pension funds don't want to be in bitcoin either. so goldman provides a service for them that they cannot obtain elsewhere. they might get screwed by goldman, but it's up to them to do their own research and due diligence.

[Anonymous No.19410914]

>>19409477
imagine listening to goldman sachs' opinion on the very asset class that will end goldman sachs kek.

[Anonymous No.19410957]

>>19408726
Saying something three times to make it persuasion is pretty gay, OP.

[Anonymous No.19411027]

>>19408726
what app is that? fishbowl, where a bunch of early 20s low level staffs in "prestigious" firms circlejerk each other? pathetic faggot.

[Anonymous No.19411039]

>>19408726
also it goes without saying that the jew fears and hates what he cannot control with political or economic schemes.

[Anonymous No.19411058]

>>19411039
redpilled

[Anonymous No.19411115]

No one wants kike support
The whole point of bitcoin is to get away from kikes

[Anonymous No.19411132]

>>19411058
And based

[Anonymous No.19411501]

OP here at drive through at chick fil a, it over... get out of the markets!!!

[Anonymous No.19411688]

>DADDY SAYS BITCOIN BAD!
>:^(

[Anonymous No.19411714]

>>19408726
It's fucking over, the big banks have never been wrong about a single major market shift I had better liquidate my stack

[Anonymous No.19411736]

>>19409477
>he thinks American firms matter
>he doesn’t realise btc is just asymmetrical warfare perpetrated by chinks

[Anonymous No.19411811]

My biggest problem with Crypto has always been....What use does it have for the average person?

None. My friends don't use it, my family doesn't use it. My co-workers don't use it. There's no use in it except for maybe dark Web goods.

[Anonymous No.19411859]

>>19411811
It can't be inflated by Jews

[Anonymous No.19411914]

>>19408726
>spot on
>crypto holders are total muppets
>not us and goldman's private wealth client, we're the smart money

[Anonymous No.19411984]

reminds me of the dotcom shit
>its useless, pointless, you shouldn't invest
meanwhile they bought that shit up hard

[Anonymous No.19412010]

>trusting the (((Goldfag)))

[Anonymous No.19412030]

>>19411811
I use crypto to buy gold on APMEX

[Anonymous No.19412078]

idk these seem like legit concerns. esp with so many coins/tokens that don't have a purpose other than pnd. In the past week there's been bizcoin, esh, one, kardasomething, ubt, link, grimes...

[Anonymous No.19412477]

>>19412078
not really. you can earn yield off crypto. what, does goldman suddenly think sovereign bonds stop becoming an asset class because so many of them have negative yields? that is WORSE than generating no cash flow. and "doesn't generate earnings through exposure to global economic growth". it just doesn't generate earnings, what's their point, that it's not an equity? so what. it's a hedge against the system's collapse that they can't make very much money off of through fees and custody. simple as.

[Anonymous No.19412492]

>>19408726
bullish

do the opposite of what jews say

[Anonymous No.19412693]

>>19412492
the real redpill is when you realise even the Jews do the opposite of what the Jews say

[Anonymous No.19412706]

>>19408813
OH NO some (((big 4))) wagie NPC is unable to comprehend of anything outside the status quo, therefore it's a terrible investment, better sell now

Kek there's a reason why us autists were first into crypto and are BTFOing normies in wealth accumulation

That Google wagie maybe earns 150k a year. I've made over 400k this year from trading options and crypto and I'm telling you that crypto is the future

[Anonymous No.19413089]

fucking wagies

[Anonymous No.19413111]

>>19408726
>continuous value appreciation over its 11 years of existence
>do not show evidence of hedging inflation

These fucking guys.

[Anonymous No.19413226]

>>19413111
If it's a hedge against inflation you'd see it behave like gold when the stock market crashes retard.

Things that are hedges against inflation have intrinsic value. BTC is fiat.

[Anonymous No.19413289]

Fuck, how does NOBODY get it? They only have this mindset because they themselves only look at it from "how much $$$ I can get from this".
In reality with bitcoin you pay to transact on the bitcoin network, with ethereum you pay to transact on the ethereum network and so on. This price to transact literally rises with increased adoption because of the way it is setup, and with increased adoption each blockchain's security increases through decentralization. When you buy X coin today, you are securing X coin worth of transactions at any time in future. THAT's the asset.
But they don't get it. They refuse to look at it in vacuum for it is. No, it must be applied to our fiat ponzi scheme, and I must only look at it through the lenses of my own currency.
They don't get that it completely replaces the whole fiat ponzi scheme.
If any one of them would ever say that cryptocurrency will just not ever get adopted, I would not argue, even if I disagree. The reality is that everyone sees that there an insane amount of adoption in crypto that will likely keep rising as it has being a LESS THAN TEN YEAR OLD global technology, but at the very least there will always be a niche set of criminals requiring it. It just makes me so angry that they lead common people astray by trying to tie a dollar value. Why can't they talk about the value people would get to transact freely between each other without financial institutions? I fucking wonder why?

[Anonymous No.19413297]

>>19409206
>Clearly the people making this slide don't know that much about cryptocurrency.
Oh they do. They have the resources and teams of experts to go extremely in depth with due diligence and research. They know all about the defi space and smart contracts. Seems suspicious that they’re taking an anti-crypto stance. They’re probably secretly balls deep in crypto and want to keep the golden goose a secret for now. Goldman Sachs has a rich history of lying, deceit, and trickery

[Anonymous No.19413308]

>>19410761
>fluctuation is irrelevant when the long-term trend has been up.

You’re retarded. Do you think every investor with GS has the same timeline requirements as a Bitcoin hodler?

Pensions have to consistently perform because they have to steadily payout as employees retire throughout the year. They can’t afford to lose 30-50% in a single month.

You really embody the typical cryptard “50 meter target” mentality. You don’t understand the whole picture and you arrogantly think everything should conform to your extremely limited understanding of the financial system and economics. Your deliberate ignorance is literally the reason you cryptards will never have a seat at the table and will constantly be the kid getting made fun of.

[Anonymous No.19413312]

>>19413226
You mean like gold has "intrinsic value"? Lmao.

>inb4 muh electronics low iq rambling

[Anonymous No.19413319]

>>19408726
(((Goldman Sachs)))
Who cares lol

[Anonymous No.19413362]

>>19411501
>crypto’s only usecase is as a digital dollar

[Anonymous No.19413364]

>>19411984
>reminds me of the dotcom shit
What additional technology does bitcoin spur? Now compare that to the technologies that the internet has spurred.

You deserve to be bitch slapped for such a stupid comparison.

[Anonymous No.19413394]

>>19413312
Gold is hard to get and you can actually make it into useful things.

Btc has no real use other than fist currency.

Same reason you can't say the US dollar has intrinsic value.

[Anonymous No.19413401]

>>19413364
Are you seriously asking what technology has bitcoin brought? Do you not see all new blockchain projects built on crypto around you? Do you think eth and countess dApps, monero, bitcoin's increase in transactions itself, legal smart contracts, public supply chain solutions, stablecoins -- all of that is not technology?

[Anonymous No.19413405]

>>19413308
Based rational investor.

[Anonymous No.19413418]

>>19411811
Soon everyone you know will use smart contracts. And they won’t even know it

[Anonymous No.19413420]

Cryptocurrency is a blatant pump/dump scheme. It does nothing and never will. Complete bullshit. However, I wouldn't listen to anything (((Goldman Sachs))) has to say considering their line of work. Wow, they're against it? That's like being surprised a vegan is against eating a Big Mac. The fuck else did you expect them to say?

"Dude just take out all your money from banks and use crypto bro lol"

[Anonymous No.19413439]

jesus fuck you're all either very young or really stupid
bless this board for it needs it

[Anonymous No.19413455]

>>19413289
>In reality with bitcoin you pay to transact on the bitcoin network, with ethereum you pay to transact on the ethereum network and so on. This price to transact literally rises with increased adoption because of the way it is setup


This is flawed logic. Bitcoin’s deflationary currency and decreased miner reward system literally discourages it from being used.

When the miner reward goes to zero, and miners rely solely on Bitcoin fees, each block is going to require at least 12 BTC in fees for these guys to pay their mining costs. And that’s assuming the difficulty stays where it’s at, which it won’t. It will go up and require more hashpower, requiring more fees in the block reward.

We’ve already seen this occur after this years halving.

No one is going to use bitcoin or send bitcoin when transaction costs outnumber value being sent.

Wake the fuck up.

[Anonymous No.19413487]

>>19413319
You should, because your cute little internet coins have no value unless they're transferred to the system that's owned and run by outfits like GS. Your internet coins are literally worthless unless they can be traded for fiat, because the world noped the fuck out of using them as fiat two years ago.
I have no love for GS, they're the worst of the worst, but they run everything. You should care, but you've huffed yourself retarded on get rich quick scams.
And, this is the final nail in the "Institutional money" bullshit with crypto. If GS says "fuck that" - EVERYONE is going to follow. (And have been, anyway, all of the chim chatter here about "institutional money" has been pure bullshit.)
Who should care? You should care. You should care deeply, because the financial institutions that give your coins any value at all just said to stay the fuck away from them.
But the real killshots to bitcoin are coming, between Mt Gox and the tether scam, the whole thing is headed for the mother hellmouth exit scam of all exit scams.

[Anonymous No.19413491]

>>19413362
>>crypto’s only usecase is as a digital dollar

The US dollar is already digital.

[Anonymous No.19413529]

>>19413455
I agree that bitcoin's monetary policy is flawed, and I'd like to remind you that it is not the only cryptocurrency out there. As such the rest of your argument only holds if you're also implying that the need for crypto and decentralized transactions will decrease overall, not just with bitcoin, in which case fine but I disagree and the majority of statistics are heavily on my side.

[Anonymous No.19413540]

>>19408726
>Yes, our study found that bitcoin is not a suitable investment for goyim anymore...

[Anonymous No.19413541]

>>19409206
>They are clearly ignorant on ethereum and smart contracts though.
No, they're not. They just don't care about it, because it's middlemen fees they don't need and have no fucks for. They own and run their system, they see it all as just another layer to skim off fees from. The banking space can make their own blockchains for whatever reasons that are unattached to a coin that will perform the exact same way, but they haven't. Why? They don't need it.
But you keep smugposting like you know more than they do.

[Anonymous No.19413558]

>>19413401
>Are you seriously asking what technology has bitcoin brought? Do you not see all new blockchain projects built on crypto around you? Do you think eth and countess dApps, monero, bitcoin's increase in transactions itself, legal smart contracts, public supply chain solutions, stablecoins -- all of that is not technology?

These are all the same products with differing features, not new technologies.

As a matter of fact the entire genesis of altcoins (other than to harvest other’s bitcoin) was to improve upon bitcoin.

Plus no one is using crypto for any other reason than as a digitized cross platform gambling token.

[Anonymous No.19413607]

>>19413394
I know it's cliche but if you don't get it that's too bad because I don't have time to explain it to you. Just do as your masters say and sell.

[Anonymous No.19413625]

>>19413297
>They’re probably secretly balls deep in crypto
You've gone and huffed yourself retarded on hopium.
But cling to that dream of free millions for pushing a button. Cling! Cling like the monkey you are! Because god forbid you ever do something productive.

[Anonymous No.19413636]

>>19413558
Ok, turns out you just don't know what you're talking about. Please don't take this as an insult and read carefully a note from a developer.
All of the technologies that I have listed require either as much or more computer science research than the technologies that were spawned by dot com, like Amazon AWS, Google's search, Uber apps, Skype video chatting etc.The sheer amount of mathematics research that went into cryptographic algorithms like zero knowledge proofs and elliptical curves is enormous. These are academic papers written by math PhD holders, *not* just engineers. I am not going to list personal anecdotes, but I work in Silicon Valley and this is a very common conversation.
Of course there are plenty of scams, but that's true everywhere. Make your own decisions, but know that you're literally incorrect when you underestimate the computer science efforts that went into recent crypto projects and how they've improved countless lives.

[Anonymous No.19413639]

>>19413420
>Cryptocurrency is a blatant pump/dump scheme.

It’s really an Asian pump and dump scam, but it’s politically incorrect to say that in the presentation.

There’s a reason why the IPO/M&A boom and bust correlated with the ICO boom and bust.

High end Asian scammers used IPOs to scam, low rent Asian scammers used ICOs. It’s all a “China hustle.”

[Anonymous No.19413646]

>>19413401
>Do you not see all new blockchain projects built on crypto around you?
The overwhelming majority of people on the planet go through every day without ever using, encountering, or needing anything from blockchain technology. Which can exist without a scamcoin attached to it, anyway.
But you'll keep demanding the lambo you think was promised to you, all the way down.

[Anonymous No.19413661]

>>19413625
>projecting this fucking hard

[Anonymous No.19413678]

>>19413491
It was sarcasm, referring to the pic that I quoted

[Anonymous No.19413685]

>>19413646
The overwhelming majority thinks credit cards are magic too and don't understand that the provider includes the 3% transaction fee into their costs already with all current providers. All you're telling me is that common people don't understand the technology that improves their lives, woah what a surprise.
Scamcoins are not needed, but a monetary policy incentivizing decentralized support are.

[Anonymous No.19413687]

>>19413625
>he thinks 90% of people in the workforce don't maximize looking like they're doing anything productive over actually doing anything productive
> he doesn't realize that the work completed has a negligible net-positive effect on society as a whole

[Anonymous No.19413727]

>>19413636
Minescule, compared to the overall investments put into products, services, and infrastructure based on the internet protocols. While it's true there is legit research (who's outcome is hardly paid off, or even starting to), to compare them is pure, unadulterated snake oil. Just the institutional and industrial investment developing wifi and cell tech alone dwarfs anything done in crypto. The internet is a driving force, like the OG ones that drove the industrial revolution, or the invention of the transistor. Crypto is barely a puddle compared to those OCEANS of effort and research.
Stop thinking you driving a cubicle or a seat at a table in a common work space in Santa Clara gives you some special insight, especially when you're trying to peddle piss poor snake oil like this.

[Anonymous No.19413733]

>>19408726
>TL:DR
Don't buy crypto until we're done accumulating.

[Anonymous No.19413734]

>>19413661
CLING, MONKEY!

[Anonymous No.19413746]

>>19413687
I love smug, irrelevant retorts by fat little coinhuffers.

[Anonymous No.19413750]

>>19409207
Lmao it’s just some low level fuckwit posturing. Take some snot nosed 22 year old and slap “Goldman Sachs Analyst” on his chest ... he still knows nothing.

[Anonymous No.19413755]

>>19413529
>I'd like to remind you that it is not the only cryptocurrency out there.

It’s the only crypto currency with enough hashpower to be considered “secure”. So while other altcoins exist, their investment risk is significantly higher than bitcoin.

And altcoins with higher utility don’t necessarily translate into an investment opportunity, XRP is a perfect example. If you hold XRP, you’re honestly retarded. It’s underlying value is irrelevant as it’s designed to transfer short term value not be a long term store of value.

Ethereum is probably the best shot crypto has at long term adoption, and even then its investment thesis is suspect. Especially with the autistic kid in charge of development. It does transact more value than Bitcoin does now thanks to Tether.

[Anonymous No.19413764]

>>19413727
Comparing the overall investment into all these things to just crypto is like comparing the overall investment to make a boat to just making electricity work in a submarine.
Cryptocurrency is a piece of the puzzle that is the internet, and compared to almost any other piece there is as much or more research. Your tiny brain doesn't let you see crypto as anything but "them vs. us".

[Anonymous No.19413767]

>>19410132
Gold requires physical labor to find, mine from the earth, smelt, shape, transport and store. And there is only a certain amount. Crypto is infinite. More is being invented every day. It’s weightless and meaningless.

[Anonymous No.19413773]

>>19408726
Didnt gs short the housing bubble while simultaneously telling everyone it was safe?

[Anonymous No.19413784]

>>19413755
Ah, so there is something that you see to Ethereum at least? Nobody knows the feature, but something made feel there is value

[Anonymous No.19413790]

>>19413764
>Your tiny brain
And here I didn't even call you names, tsk. I'm sure your common space coworkers will be impressed.

[Anonymous No.19413800]

>>19413541
>The banking space can make their own blockchains

Absolutely spot on. There is no threat of 51% attack on a private chain, it costs less, and most importantly they control the data.

Data control and management is one of the key reasons why public blockchains are not being adopted. Turns out companies don’t want their business out there for everyone to see.

[Anonymous No.19413900]

>>19413636
>computer science nerds said it so it must be true.

Computer science nerds should stick to fucking computers and stop pretending like they know economics and that their “novel” blockchain technology will revolutionize what ever.

I’ve been involved in crypto since 2013, and retired from the VC space. I know exactly what I’m talking about. You guys are literally carbon copies of each other.

[Anonymous No.19413924]

>>19408726
jews mad

[Anonymous No.19413955]

>>19413687
>>19413625 #
>>he thinks 90% of people in the workforce don't maximize looking like they're doing anything productive over actually doing anything productive
>> he doesn't realize that the work completed has a negligible net-positive effect on society as a whole

It sounds like you’re projecting.
I wonder what all the engineers at NASA, SpaceX, Boeing, Raytheon, Robotics Research, et al, think about your comment.

[Anonymous No.19413990]

>>19410561
did you just say that real estate doesn't provide cash flow?

[Anonymous No.19414007]

>>19413955
> he thinks everyone working at NASA, SpaceX, Boeing, Raytheon, Robotics Research, et al. are actually good engineers that produce productivity
> He thinks everyone working at the aforementioned brings actual innovation/game changers.
> He thinks everyone working at the aforementioned is a carbon copy of Elon Musk
> He thinks people don't get fired from the aforementioned despite having military ties that got them the job or 3rd/4rth gen connections

[Anonymous No.19414029]

>>19413767
>Gold requires physical labor to find, mine from the earth, smelt, shape, transport and store. And there is only a certain amount.

There’s a more important difference between Gold and Bitcoin relating to intrinsic value.

Gold has a known annual global demand signal. Intrinsic value creates demand. This is why the economic model that measures market efficiency (stock to flow) works with gold.

This is also why the stock to flow on bitcoin indicates it’s an inefficient market. There is no demand signal, it’s impossible to measure, predict, or analyze the demand for bitcoin.

[Anonymous No.19414030]

>>19410132
but metals actually have a use retard

[Anonymous No.19414033]

>>19413636
Which projects do you hold anon?

[Anonymous No.19414043]

>>19413784
>Ah, so there is something that you see to Ethereum at least? Nobody knows the feature, but something made feel there is value

I still own a modest amount of ethereum. I sold a significant portion around $800 and now just hold for fun.

[Anonymous No.19414050]

>muh institutional money rushing in
They are openly mocking you crypto crappers and your fake money. LOLOLOLOL. They are NEVER going to invest in funny money.

[Anonymous No.19414058]

>>19408813
this is what its like...to be pwned

[Anonymous No.19414064]

>>19408726
Nigga you sell first so I can buy that shit.
If Bitcoin dumps before reaching 10.6k, I will stock up. If it does reach 10.6k, I will have no choice but to get it at a worse price. Then we to the moon in 2021-2022 baby.

[Anonymous No.19414096]

>>19413308
Interesting how bitcoin flew off the shelves when economic instability hit in certain countries. Now since you are so rational, ask your buddies at gs to answer this rationally. How long will the fed keep printing money without spiraling the us dollar down the toilet? If you say it doesn't matter then you are the one being absolutely irrational.

[Anonymous No.19414120]

>>19414007
>> he thinks everyone working at NASA, SpaceX, Boeing, Raytheon, Robotics Research, et al. are actually good engineers that produce productivity

They are literally propelling people into outer space, unlike the computer science nerd working on a glorified excel spreadsheet.

[Anonymous No.19414132]

>>19414096
Tell me, what is your bitbutts tied to?

[Anonymous No.19414144]

>>19414120
That hurt my soul.

t. Accounting

[Anonymous No.19414158]

>>19414096
>Interesting how bitcoin flew off the shelves when economic instability hit in certain countries.

Other than cryptocentric “news” sites that are owned and operated by individuals who manipulate sentiment for personal gain, do you have any proof of cryptocurrency demand in these countries? I’m curious how their demand would even be met considering they more than likely live in countries without a fiat on-ramp.

>How long will the fed keep printing money without spiraling the us dollar down the toilet

How mad are you that even after printing 3+ trillion dollars the value of the dollar has increased?

[Anonymous No.19414167]

>>19414132
Wnergy, and the fact it is free flowing money that can transcend the current financial system. What backs the us dollar or any other currency?
>inb4 muh government military and prosperity
and when the current financial system by default takes the currency of that country to the gutter? What prosperity and power will that country have? Will the bankers just reset the global debt?

[Anonymous No.19414170]

>>19414144
>That hurt my soul.
>t. Accounting

You’re cool, you help us hide stuff.

[Anonymous No.19414184]

>>19414170
I've audited marketing's credit cards. I've seem some shit shamelessly itemized.

[Anonymous No.19414187]

>>19414120
Let me rephrase, there are productive people and engineering desu is probably the most difficult to fudge, but I'm sure there are dipshits that kind find a way.
Most jobs, and I think there's a book on this, forgetting the name, but most jobs produce little to no value to society and people might as well be called leeches for having them (because they don't do anything and are just really good at faking as if they are).

[Anonymous No.19414189]

>>19414158
>How mad are you that even after printing 3+ trillion dollars the value of the dollar has increased?
I'm not mad at all, I can see through the deception. Seems you are the one riding the hopium of the us dollar. Tell me, how does that make you amy different than these cryprotards?

[Anonymous No.19414204]

>>19414144
It’s ok beanbrain you’re still doing more for the human race than anyone in crypto

t. 40 hr/wk excel drone

[Anonymous No.19414205]

>>19414132
>what is your bitbutts tied to?
Ironically, it’s economically tied to the dollar. It’s quoted in dollars, it’s sold into dollars in order for miners to pay their expenses.

[Anonymous No.19414224]

>>19414204
that excel sheet you filled definitely had bearing on my life, thanks
Cope

[Anonymous No.19414309]

>>19410132
PMs are a hedge against fiat which always end up failing. Crypto is actually worse than fiat.

[Anonymous No.19414373]

>>19414189
>Tell me, how does that make you amy different than these cryprotards?

Have you ever studied or implemented risk management? Cryptards believe that extremely unlikely events ($$ collapse) is likely, even while acknowledging mitigating factors that decrease the likelihood of said event.

What’s more likely, an 11 year old digital currency with poor economic model, and no real governance is meaningfully adopted globally, or the United States Dollar backed by the largest economy, the most powerful military, and the center for technological innovation continues to serve as the global reserve currency?

[Anonymous No.19414394]

>>19414373
Oil went negative. Anything can happen.

[Anonymous No.19414404]

>>19414373
> He thinks most people in crypto are in it for the tech.
> He thinks that normies are susceptible to news events that cause them to fomo in
> He thinks experienced crypto traders won't take advantage of this due to past experiences

[Anonymous No.19414455]

>>19414373
>poor economic model
Yeah okay

[Anonymous No.19414505]

>>19414373
>thinks empires last forever

[Anonymous No.19414534]

>>19414373
So the printers running non stop will have no effect on the value of the dollar? Please explain.

[Anonymous No.19414535]

>>19414505
China GDP numbers are BS though...

I would say the closest thing we got to a US topple was the EU or japan in the economic miracle. EU fucked up cause they can’t agree with each other, and japan fucked up by working their people to the bone and culture wise fucking up marriage for future gens.

China growth is the same as japan, watch their marriage rates taper off and boom no more economic progress.

[Anonymous No.19414563]

>>19414535
China is playing the same game the us is though. They both borrow money non stop to prop up their economies. Look at the massive amounts of stock buybacks in the us

[Anonymous No.19414567]

>>19414505
You realize world enonomists laughed at the economic figures the CCP published since they were so blatantly inflated, right?

[Anonymous No.19414667]

I have more of a psychology background than an economic one, so my perspective is as such. Feel free to enlighten me if you actually understand economics (no NASA spacemen or larps in general), but here's some basic logic a fucking 12 year old can come up with:

> Printer go brrr
> Spending power eventually decreases
> UI runs out, no jobs, people who are employed don't see wage changes
> Quality of life decreases
> More suicides and homelessness due to retards in high places

Is crypto a good alternative? What's your perspective?

[Anonymous No.19414696]

>>19409151
Wrong.

[Anonymous No.19414710]

>>19414563
China has no internal consumption though, their citizen thrive on western goods. Meanwhile the west only uses them for raw materials or WIP goods.

[Anonymous No.19414711]

>>19413990
Sorry, i was thinking more of private housing and not renting

[Anonymous No.19414730]

>>19413955
None of them have a single fuck to give over anything I'm saying - and more importantly, what you're saying, or about crypto in general.

[Anonymous No.19414737]

>>19414710
>only
Walk around your house right now and make an inventory of every single item made in china or with chinese manufactured parts, the answer may surprise you

[Anonymous No.19414738]

>>19414667
See here's where you fuck up.
>printer goes brr
Does not lead to
>spending power eventually decreases.

This is a fucking meme. The USD is literally poised to be deflationary against every other fucking world currency. The reasons why? 1. Other nations are doing way worse. 2. So long as US military hegemony persists, petrodollar will exist, preventing the crash of the USD.

3. >what is modern monetary theory

[Anonymous No.19414755]

>>19414096
>Interesting how bitcoin flew off the shelves when economic instability hit in certain countries.
Interesting how it was more about Tether pumping literal billions of coins into the system during the same period. Interesting how any look at the liquidity or actual use of bitcoin in the period doesn't support you at all. But keep huffing that hopium - you're almost there, to retardation.

I'm just waiting for the tether exit scam. It's coming. Even coindesk, those degenerates, are talking pretty openly how fucking obscene they're being.

[Anonymous No.19414763]

>>19409206
>The DeFi space is growing rapidly, and there are many tokens which -do- actually provide cash flows

[Anonymous No.19414773]

>>19414737
What I meant is they don’t have a brand that the west seeks. They have no innovation, they can copy but i’ve not seen a world breaking invention from chinese firms.

[Anonymous No.19414804]

>>19414534
>So the tether printers running non stop will have no effect on the value of Bitcoin? Please explain. Because that has far more short term, immediate impact on your internet coins, than the hail mary efforts of the Fed so the US economy to not be destroyed by the coof.

But I know I'm talking to hopium addicts who want the world to burn, because you think Bitcoin will replace everything - which is how children think.

[Anonymous No.19414832]

>>19414773
Why would they waste the resources on R&D when they can let the suckers do that, steal it and face absolutely zero repercussions? If anything they are smarter.

[Anonymous No.19414844]

>>19414804
> He thinks he can predict the future, especially in uncertain times
> He probably predicted the crash in March

Take your meds

[Anonymous No.19414849]

>>19414832
Okay chang, and the USA and other countries can start movie production to india and vietnam. Which they’ve already started.

[Anonymous No.19414855]

>>19414804
What I'm trying to say is you try to come here to smugly shit on cryprocurrencies when in reality the dominant financial system is by no means any better, unlike what those gs cunts are implying

[Anonymous No.19414875]

>>19414849
>ok chang
don't get butthurt because the truth hurts. The mistake the us made was underestimating china and letting them get as powerful as they are now

[Anonymous No.19414886]

>>19414844
LOL, you fucking cum bubble. Nobody was talking about predictions, you child. The funniest thing about crypto is you toxic little dickholes. You're half the reason nobody wants anything to do with it, you're like a plague of hare krishna neckbeards babbling about internet coins at the airport.

[Anonymous No.19414903]

>>19414855
Ah bloo bloo, huff harder and maybe the ass pain will fade, little boy.

[Anonymous No.19414910]

>>19414875
I dont think the US has to worry when we have 22+ super carriers. Although if we do go to war with china I want a trap gf.

No homo

[Anonymous No.19414912]

>>19414903
oh look, its retarded

[Anonymous No.19414913]

>>19414738
Ok, I'm being serious with my question here.

Can the fed just print infinite money without negative repercussions? Why not implement UBI or other costly programs that can actually benefit peoples' lives?

[Anonymous No.19414924]

nobody fucking cares. this is 2018 tier fud

[Anonymous No.19414925]

>>19414912
Oh, look, you're still irrelevant and butthurt.

[Anonymous No.19414932]

>>19413646
already have the Lambo you midwit.
10 years of this, "muh, no real value" from you lot.
It's as if you think a Global AI system isn't being built and paper bonds, shares, contracts and currency aren't holding the growth of said system back.
going on 40 years of digitized paper bullshit is coming to an end.
I love knowing that if not bait.....you will fail and look back at your life with nothing but regrets.

[Anonymous No.19414940]

>>19414925
>he thinks I'm rooting for cryproturds and not simply calling out the hypocrisy of retards

[Anonymous No.19414987]

>>19414886
You seem too arrogant to know what's going to happen with the currency situation. I'm not saying bitcoin is going to replace it all, but it seems, with current situations, to be a plausible alternative. (It could be a different cryptocurrency down the line) "Plausible" is the key word here, I'm not talking in absolutes. It's not out of the question though.

Also have been watching your posts throughout this thread, calling people monkeys without really putting much behind your claims actually makes you the toxic one.

[Anonymous No.19415088]

>>19414932
>already have the Lambo you midwit.
Suuuuuuuuuuure you do. No, we all believe you, yep. All the way, you internet coin hero.

LOL.

[Anonymous No.19415095]

>>19414987
'K, monkey.

[Anonymous No.19415247]

If they don't care they don't have to say anything at all. This is so bullish. Screenshot this, they will announce they have crypto in their portfolio soon. Keyword: announce. They have been accumulating.

[Anonymous No.19415289]

>>19408813
>make millions of dollars by clicking the mouse a couple times to mine btc(or even eth) on your graphics card
>BTFO by smart people who are trying to get a 2x in their lifetime
good one dude

[Anonymous No.19415297]

>>19408859
>>19408813
>>19408726
this is exactly why I never wanted to be a wagecuck
stay poor listening to these "geniuses"

[Anonymous No.19415316]

>>19413733
fucking checked.

[Anonymous No.19415336]

>>19408859
>you're going to get dumped on!
By who, Goldman Sachs? Deloitte? Cope-a-cola