/biz/ - Business & Finance

[Anonymous No.21784343]

>tfw braindead normie stocks like Apple outperform crypto during the heaviest recession in human history.

Is the money printer truly the savior of the US?

[Anonymous No.21784392]

>>21784343
Apple and Tesla mooning like shitcoins

[Anonymous No.21784419]

Who'd have imagined that multi billion dollar conglomerates which are vertically intergrated into our economies,with customer bases in the billions, institutional support, thousands of patents and tens of thousands of phds at theri disposal could out perform coom coin...Really makes you think huh?

[Anonymous No.21784494]

>>21784343
you have an iphone either in your pocket or on your desk

[Anonymous No.21784505]

>>21784419
From 2007, when the IPhone was released, to 2010, Apple stock went from roughly $20 to $34
It has went almost three times since Jan 2019

[Anonymous No.21784539]

>>21784505

tesla and apple exploding like that makes no sense right now

[Anonymous No.21784566]

apple is also a lot normie friendlier the pool of people ready to pump it is much larger. If you say you bought apple, normies think you're some kind of investor. If you say you bought bitcoin, they think you're a drug dealer or pedophile

[Anonymous No.21784581]

>>21784343
Same shit Tether did to crypto.

[Anonymous No.21784582]

>>21784539
normies

[Anonymous No.21784591]

when comes the crash

[Anonymous No.21784622]

>>21784539
Actually it does. Their only competition is from China and it's becoming increasingly clear that the us state has no intention of letting them compete. China are also reliant on their export market and have a much better relationship with the FAANG than they do with the us state department. the upshot of this situation is that these companies hold the balance of world power. Realistically no one can touch them, they're calling the shots and the powers that be know it.

[Anonymous No.21784623]

>>21784591
This

[Anonymous No.21784658]

>>21784623

[Anonymous No.21784669]

>>21784343
Still not a lot of gains unless you dump a fortune

[Anonymous No.21784704]

>>21784539
Considering Apples declining market share, no, not really. Buffett shilled Apple which is most likely why.

Also some of you really are retarded when you say crypto has no use cases.
Owning a tiny tiny tiny share in a company won't even yield you shit except for capital gains when the stock isn't paying out dividends.
Here you are saying crypto is useless when even most crypto yields you better return than your useless company share.
You are right in 1 thing - most projects tokens are useless. But if you would know even the tiniest bit about tokenomics, the absolute basics of decentralization, you should know that utilizing a truly decentralized network requires a currency, which is the token.
With usage comes demand.
Look at LINK for example that is about to explode and already has. Everyone to use it requires tokens as currency. With a finite supply (just like your poor company stock), this will be bound to increase.

It's time you drop your retarded 1980s mindset about muh business shares and start realizing assets for what they are and what makes them increase.

Some people buy gold for millions and keeps it in a vault and then go ahead and complain about crypto. Kek fucking idiot

[Anonymous No.21784733]

>>21784622

Apple is a 2 trillion dollar cell phone manufacturing company

[Anonymous No.21784763]

>>21784622
This explains Apple but not Tesla.

[Anonymous No.21784777]

>>21784733
So? Apples market share is falling behind it's competitors yet it's increasing faster.
Also 2 trillion reasons why a tiny share in the company is absolutely useless.

[Anonymous No.21784790]

>>21784704
Gold can’t plummet in value.

[Anonymous No.21784826]

>>21784790
exactly why people buy gold and keep to begin with, that's my point.

[Anonymous No.21784847]

>>21784733
No Apple is about the most recognisable, trusted institution in the world with cash reserves that tower of the majority of UN member states. It owns enough data and technology to swing any election, coup any government. When the world supply chain ground to a halt, Tim personally called Ji and reopened apple's supply line, in return Tim used the term greater china in a press release. That is real power boys, they're going nowhere.

[Anonymous No.21784866]

I swear it's all just dumb money flowing in because it has nowhere else to go.

Bonds are shit, cash is shit, non tech stock is shit because it got hit by corona so everything gets shovelled into meme tech stocks and it moons.

It just makes no fucking sense why apple stock is 2x the price in February before any corona shit happened.

[Anonymous No.21784878]

>>21784494
Cringe. Imagine buying Apple products

[Anonymous No.21784909]

>>21784763
Tesla's power comes through A its dominance in a sector that will be regulated to ensure its growth and B it's owners integration into space tech, which behind cyber, is the next battle frontier.

[Anonymous No.21784913]

>>21784343
Normies can barely get $500 in savings but you think they own apple stocks?

[Anonymous No.21784954]

>>21784913
Fortunately for normie retail investors they can buy fractional shares now so they can say they own apple with only $20

[Anonymous No.21785008]

>>21784909
Tesla would have to have 200 years of their last recorded profits to pay what the stock is deemed to be worth.
It's all just meme power, just like with linkies.

It's absolutely retarded that the market has "priced in" some future asteroid mining fantasy for them. It's all just dumb money pouring in because it has nowhere else to go.

[Anonymous No.21785057]

I keep seeing the same justifications why stocks is so much better than crypto.
You own a share of the company.
And what can you do with this share? Absolutely fucking nothing.. It's only useful for literal whales with millions to spend.
Even if you buy shares in a company for 1 million USD you still own a tiny tiny share in the company and if it doesn't pay out dividends to the share holders you gain absolutely fucking nothing except waiting for the price of the stock to increase by selling it to another sucker (just like crypto)..
Or what, you think you are gonna go and attend a board meeting with your 0.000001% share in the company?

Some of you guys are fucking idiots.

Unless you already are wealthy, your "but but but Apple have a huge market" or "Teslas revenues is so high therefore its full of benefits to own the stock" doesn't mean shit.

[Anonymous No.21785063]

>>21784343
It was all set up from as far back as 2008, anon. The thesis, the antithesis to it under the form of UBI and literal trillions of gibs out of nowhere, and maybe even the corona itself with its power to isolate people indoors like no other totalitarian government can. We are merely useless observers in their game, not even pawns anymore. The worst part is that you literally can't do shit about it. From all the written history since colonialism and this modern globalist capitalism, which of the countries that were beneficiary of it and held colonies flipped their governments and abolished it? They all changed governments countless of times. None of them ever rebelled against the true government, that is international capitalism. Because they never could. Only little Germany that never really fit in with the group managed to do it, and maybe Soviet Russia as well, neither of which were colonial globalist nations and neither of which survived to the 21st century. What instead survived is the rootless finance.

[Anonymous No.21785080]

>>21784343
Bruh this shit right here makes me wanna sell all my crypto and put it into gold/silver

[Anonymous No.21785098]

>>21784704
>Look at LINK for example that is about to explode and already has. Everyone to use it requires tokens as currency.

[Anonymous No.21785131]

>>21785098
Kek, ok, another example, Ethereum. Enterprises and business building on Ethereum that requires GAS to utilize the network. There you go, a constant demand.

[Anonymous No.21785153]

>>21785057
If you aren’t buying stock with the expectation that it will eventually pay a dividend, you’re speculating, which is most of the stock market right now. Not saying that’s bad or good, just the way it is.

[Anonymous No.21785190]

>>2178434 3(OP, faggot)
>t.12 year old who doesn't know what is happening

[Anonymous No.21785252]

>>21785008
The only thing that I can think of to dispute this is their “so-called” Tesla taxi network
Elon showcased an app like a year or two ago, and it was supposed to be out by now.
But as a Tesla owner, I can tell you that the auto-pilot is nowhere near good enough for this sort of task.
And there’s been no mention of it in a while

[Anonymous No.21785259]

>>21785057
The value is for chads like me to short them

[Anonymous No.21785275]

>>21785153
I agree.
People dismiss the usage of crypto, and then they argue on why the "stock market" is actually much better because it's safer and you invest in a "real company". But frankly, owning shares in a company with no benefits except capital gains, is just like owning a token - equally speculative. However, owning a stock have a much much higher demand than crypto, so in that way, it's to mitigate the risk slightly. Saying owning a stock because it's a real company is an invalid argument to why crypto is useless and stocks aren't. High risk high reward.
What are you gonna do with your stock anyway? It's just numbers on a screen just like crypto.

[Anonymous No.21785453]

Apple buys it's own stock at a premium to pump the price and bring capital gains to all its investors. Crypto devs hoard half the supply of their coins to dump on bagholders and become millionaires.

[Anonymous No.21785479]

>>21785453
So Apple will eventually crash or it’s a safe buy?

[Anonymous No.21785495]

>>21785479
you really think there are going to be millions of "apple bagholders", many of whom would be working for apple?

[Anonymous No.21785531]

>>21784343

Bullish. Time to buy Bitcoin.

[Anonymous No.21785553]

>>21784392
apple and tesla are shitcoins baka

[Anonymous No.21785560]

>>21784866
And they are STILL making more money than us

[Anonymous No.21785670]

>>21785495
Apple "insiders" can't just dump on you without warning, they have to file with the SEC. They have a fuckhuge pile of cash and will be the last company standing if everything else shits itself. It's the "safe" bet that normies put their money into because somewhere in their lizard brains they're still afraid of another crash.

[Anonymous No.21785790]

It's not just the money printer...Retail investor trading volume combined with foreign money piling into U.S equities because the rest of the world is going through what we are and we happen to be the cleanest shirt in the hamper is what is driving the tech surge in U.S markets.

[Anonymous No.21785815]

looks promising