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/biz/ - Business & Finance


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23623212 No.23623212 [Reply] [Original]

>stock market dumps
>Bitcoin pumps
what is going on

>> No.23623239

(((they))) cant manipulate it to make it seem like buying crypto is a waste of time any longer

>> No.23623258

bitcoin is about to begin

>> No.23623264

its called the btc dominance chart
there is no new money buying btc
it's alt money being dumped into btc
at some point in time, this deadcat bounce completes
everyone will get USD

>> No.23623286

>>23623212
They are printing Tether out of thin air to artificially inflate the value of BTC. They will dump all the BTC they got for free on all of us once it breaches ATH, or slightly before that.

>> No.23623331
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23623331

>>23623212
>what is going on

They shorted the fuck out of bitcoin in march just like they did in january 2018.

The money magic does not work anymore for bitcoin, for a start it has a lower inflation rate than the fiat it's price is meassured.
Secondly while it can be shorted as gold is being manipulated down , the fact that people are using it to do international transfers means the market price readjust fast as fuck , just like that 4k short in march recovered fast as hell.

This is why wall street is accumulating now , if they can't defeat it they will buy all they can.

Also nation states seem to be getting into bitcoin to use it as a swift type system such as iran did unexpectedly.

>> No.23623355

>>23623286
Tether is how richfags buy otc , otherwise exchanges would not be using it as a unit of account since dai is way more public and accountable.

>> No.23623358

>>23623212
bulltrap
bitcoin has been following stock markets forever and now magically while stocks dumps it doesn't out of thin air
buy buy buy

>> No.23623386

>>23623212
The Great Decoupling

>> No.23623394

>>23623286
but I'm never selling

>> No.23623476

>>23623212
Stonks are dipping ahead of the elections, which are always an uncertain time.

>> No.23623532

>>23623394
You shouldn't. Nevertheless the fact we don't know how much USDT is actually backed by USD is kinda worrying.

>> No.23624165

>>23623212
you can buy/sell stock in seconds, but for bitcoin it takes hours(if not days) for you to receive/transfer your funds.

>> No.23624197

>>23624165
just an opinion

>> No.23624203

>>23624165
lel

>> No.23624206

>>23624165
yes, because when you buy & sell stocks, the companies literally write down your name on the papers and update their literal shareholder databases

>> No.23624218

>>23623212
it's called being uncoupled. you must understand that there are things more important that this though. Sell your Amazon stocks at the top. I'm telling you that this is it.

This IS IT.....

Feds are on their way for the ecommerce monopoly known as Amazon and are looking for something that can replace them or at least take of some of the load.
For sure the feds are looking for someone. They are looking at SAFEX for one. Amazon stonks not be good now

>> No.23624219

Crypto is more stable than stocks. You're better off being a degenerate gambler than a stock owner. Imagine losing your months gains because an orange man says something.

>> No.23624242

>>23623212
Cycle washing.
>Stocks > BTC > ETH > Stocks

>> No.23624569

>>23623331
this, there's no turning back now. The superior programmatic nature of bitcoin make it actually really good for large national level transactions. fees and transaction time become irrelevant.

Can't believe I am saying it but Satoshi didn't know what he was doing when he created Bitcoin. It's digital gold. It can be the basis for a true global economy in the digital age.The 21st could be the century where every human is finally free from fiat slavery.

>> No.23624605

>>23623264
>at some point in time, this deadcat bounce completes
>everyone will get USD
not me