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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 44 KB, 582x262, rp-EnI0qy_WEAEMn1K2020-11-29_yjEmqDjp6W4AISMcEjj_dVrWsAEnWXlINkasMgiopmGkkI8loR.jpg [View same] [iqdb] [saucenao] [google]
24396145 No.24396145 [Reply] [Original]

It's happening tonight

>> No.24396173

>>24396145
Dumped my gold for good too
OOOOOOOOOOOOOOOOOOOOOO

>> No.24396219

literally who

>> No.24396233

>>24396219
Rand paul idiot.

ITS HAPPENING

>> No.24396279

>>24396145
this is the worst time to get in. I hope he loses a lot

>> No.24396323

Holy fuck he knows we’re going to $30k by end of year

>> No.24396386

>>24396279
He's most likely just lying and trying to lure suckers into the market so they can short this shit.

>> No.24396420

>>24396386
this. he told all his boomer subscribers to stay in cash at the bottom of the coronavirus crash

>> No.24396433
File: 33 KB, 386x395, 1606627421676.jpg [View same] [iqdb] [saucenao] [google]
24396433

>>24396233
>Rand Paul
Can you read?

>> No.24396501
File: 37 KB, 657x527, 1605902864405.jpg [View same] [iqdb] [saucenao] [google]
24396501

>>24396145
Fuck.
Strap in boys, this will push ATH tomorrow.
Cap this.

>> No.24396575

>>24396145
This seems bullish, although he's a literal who to me

>> No.24396649

>>24396575
He’ll be a literal master to you after he buys your boy pussy for cents on the dollar.

>> No.24396707

Get ready boys
https://www.coindesk.com/guggenheim-fund-files-to-be-able-to-invest-up-to-almost-500m-in-bitcoin-through-gbtc

>> No.24396757

Fake and gay

>> No.24396788

>>24396707
>"Grayscale is a sister company to CoinDesk."

Are you retarded?

>> No.24396803

>>24396757
It's real dumbass

>> No.24397063
File: 738 KB, 1440x1557, 1522270845222.png [View same] [iqdb] [saucenao] [google]
24397063

>>24396145
The absolute state of braindead normans... They've been brainwashed into accepting to trade away their real wealth for mickey mouse digitokens.

I know our timeline went full clown, but this is really peak idiocracy. I can't even think of anything more retarded, these niggers are so blinded by greed they completely lost touch with reality. The dream zogbot for Herr Schwab big (((reset))). This stupid goy now truly own nothing, and he seems really happy.

>> No.24397087

>>24397063
seething goldcuck that cant see the writing on the wall , expect much, much more of this in the next decade

>> No.24397097

>>24397063
we make lots of money, you stay poor, OK?

>> No.24397140 [DELETED] 

>>24396145
can you fuckin twitter addicted slackjawed fags at least provide a link when you cap this shit so i dont have to write a whoel URL out. have some courtesy

>> No.24397178

>>24397087
>>24397097
>t. deluded greed-lured cucks believing they wont get rugpulled into nothingness by whales
The shitcoin ponzi is absolutely worthless and you'll lose everything :)

>> No.24397252

>>24396145
the markets will continue to rise. however, when someone publicly makes a move like this, the universe will publicly burn them

>> No.24397262

>>24397063
The fucker is a hedge fund guy that lives in the Bahamas. He's not "all in" on crypto. He's just setting idiots to long this shit so he can then short it. Watch. Margin rates will start rising on BTC futures sometime after $30K and all the BTC clowns will get dumped on hardcore.

>> No.24397293
File: 1.16 MB, 1868x1052, Untitled.png [View same] [iqdb] [saucenao] [google]
24397293

>>24396145
FUCKING MAD LAD
A
D

L
A
D

>> No.24397298

>>24397262
nah he's actually longing. listen to his interviews

>> No.24397314

>>24397178
Why would gold succeed and not bitcoin? It’s ingrained that btc is digital gold, while also being a technology so it gets the macro benefit of moving like a tech stock, while also any upside gold gets and has a 30x lower market cap

>> No.24397339

The google trends suggest we aren’t in the norman rush yet. Is this guy smart money then for trying to figure out where we are on the meme chart?

>> No.24397370

>>24396279
Yeah worst time to get in when you can frontrun institutions!!! Terrible timing!!! Lol.

He said he's already in 75% a few months back now, I'm guessing his average cost was around 12-14k. This means he is going all in. You don't have to be mean, he's actually hyper based.

https://www.youtube.com/watch?v=qL2LfVRl3J0&t=510s

>> No.24397392
File: 733 KB, 1080x2400, Screenshot_2020-11-30-10-19-31-717_com.twitter.android.jpg [View same] [iqdb] [saucenao] [google]
24397392

>>24396145
This pajeet basically longs Bitcoin becoming another fiat.

He doesn't care about the regulations destroying Bitcoin's philosophy as long as he can make huge gains.

Little did he know that once Bitcoin loses the fundamental reason to exist in the first place, i.e. privacy, being outside the banking system, etc, it is likely that it will go to zero as what Bitcoin HODLers think is Bitcoin's value, doesn't even exist anymore.

>> No.24397400

This guys is a insider. I remember him from 2018.

>> No.24397497

>>24397314
Gold should do well too. But nothing, NOTHING has the asymmetric upside that Bitcoin has. Nothing comes remotely close.

You fuckers keep forgetting that bonds have been eliminated and are negative around the world, US should see negative yields next year. The stock market is at an ATH during a recession! You don't think that sounds a little risky? Back in March Bitcoin fell LESS than many blue chip stocks(!). Real Estate? Buy it if you can afford it I guess.

Jesus Christ the writing is on the wall. I appreciate contrarians but you fuckers literally have no clue what's going on.

>> No.24397546

>>24396145
this boomer is gonna get rekt

>> No.24397579

>>24396145
this dude is smart as fuck. watch his interviews

>> No.24397602

Why don't boomers understand link and smart contracts? This bullrun is bearish for link because stupid money don't understand the underlying developments

>> No.24397611

>>24397298
He's setting up the sheep to get fleeced. Hedge funds don't make money hodling hillbilly bags.

>> No.24397683

>>24397392
You guys are so fucking obtuse. Dude anyone can buy Bitcoin, including institutions. If they see a massive opportunity they're going to take it. And you know what? They can't do shit to Bitcoin. You can't eat your cake and have it too; to act like there is some way of Bitcoin going to the moon without institutional investments and adoption - you don't understand finance. Retail has no money. You need the private offices and institutions to get onboard so they can onboard the entire world.

Most people use their own wallets, if you want to give your keys to a third party - go ahead. You haven't been paying any attention to Bitcoin for the last decade if you think you get privacy with Bitcoin. Use Monero for that.

The fundamental reason Bitcoin exists is because it solved trustlessness.

>> No.24397751

>>24397611
I wish I could reach my hand through the computer screen so I could slap the shit outta you.

>> No.24397820
File: 144 KB, 1024x762, 1572474336763.jpg [View same] [iqdb] [saucenao] [google]
24397820

>>24397314
>while also any upside gold gets
Ah yes, the famous CPU coated in btc, and the resistors, relay contacts and connexion strips in bitcoin.
The famous bitcoin used in electronic devices like GPS and smartphones.
The bitcoin very well known to make jewelry. The anti-corrosion, eternal bitcoin used in motherboards and RAM of every computers for socket connectors and electropated components.
Also the great bitcoin used for sattelites coating, the teeth in bitcoin, The injections of solutions of sodium bitcoinothiomalate to treat rheumatoid arthritis.
The radioactive bitcoin isotope to treat cancers. The colloidal solution of bitcoin tracked as a beta emitter for MRI scanning.
The bitcoin nanoparticles for microcoating and nanomirroring.
The bitcoin, used in every launch of any NASA vehicle, as non-organic lubricant, connector and conductor. The famous bitcoin shields used to stop infrared radiations beyond earth's atmosphere.

The bitcoin used as pigment for paints and glassmaking. The bitcoin leaf so your building's roof is shiny. The bitcoin, who can be melted, forged, hammered and drown into lava a billion time and will always keep all it's properties.

>It’s ingrained that btc is digital gold
Only retards believe this, it's a fucking ADS pushed by whales you triplenigger. Gold can't be digital to begin with. And buttcorn is NOT a store of value since it's worthless and store no value.

> the macro benefit of moving like a tech stock
ah yes, the famous grampa of shitcoins with 3 days delay and $100 fees for a single transaction, much future, very wow.

>> No.24397852

>>24396145
Based Pal

>> No.24397867

>>24397063
go back to /pmg/ with the rest of the poor boomers chasing rocks

>> No.24397899

Probably some nigger/niggerworshipping eceleb that only device addicted zoomers know or care about.

How close am I?

>> No.24397932

>>24397820
That can be detrimental to the price. When industry begins to effect the market demand of a store of value - it loses it's purity as that store of value. It's used in jewelry *because* of it's value, it hold its value in the jewelry while also being a display of that value.

Mostly a waste of time arguing with goldfags though, same path, you just have the slower fatter horse.

>> No.24397957

>>24397611
Hedge funds don’t make their money by tricking a few retail twitter follower to buy in, retard. Retail has not been able to make a dent in the graph for years, it’s all whales and now increasingly institutions.

>> No.24397968

>>24397932
With another 250lb (((rider))) on back with you.

>> No.24397972

>>24397820
>ah yes the gold that is securely transferrable in arbitrary amounts to anyone in the world within an hour

>> No.24397995
File: 230 KB, 500x913, 1544219542537.png [View same] [iqdb] [saucenao] [google]
24397995

>>24397932
But YOU HAVE NO HORSE AT ALL
HO NO NO NO NO NO NO NO NONONONONONO
AAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHHHHHHAHAHAHAHAHAHHAAAAAAAAAAHAHAHAHAHAHAHAHAHAHHAAHAHAHHAHAHAHAHAHAHAHHAHA

>> No.24398011

>>24397820
Oh yes the very small industrial/physical usage of gold and the massive speculative hype it had as a hedge against inflation, until btc halved this year and now has much lower inflation then gold and 3% of the market cap, it’s like you idiots just wanna be right so bad you miss making money, you’ll miss btc till it hits 250k then it’ll drop 50% and you’ll still be like “see, crashed” meanwhile you’ll keep buying gold off idiots like schiff who sell it at a fat premium while screaming 5-10k targets for the last 15 years its absolutely pathetic

>> No.24398017

>>24396145
Gold is only good for making computer components that run the blockchain.

>> No.24398018

>>24397972
>within an hour
press X to doubt

>> No.24398065

>>24397899
He's an old hedge fund guy, retired early 30s and started his own company. His company does interviews with other experts in their respective financial disciplines, from Druckenmiller to the Rich Dad Poor Dad guy. Most of the videos aren't on Bitcoin, they cover the entire economic landscape (interest rates, geopolitics, equities). He's only very recently gone balls deep in crypto. He had a few crypto videos before 2020, in March he started doing more and now it's all he talks about.

One of the few macro guys that has a ton of connections and can see things happen before they do. Don't take my word for it, check out RealVision - if you can find a better online video resource for finance, well you won't.

>> No.24398085

>>24397392
>regulations destroying Bitcoin's philosophy
Bullshit. While it has attracted many anarchists who want to tack their “philosophy” onto bitcoin, the only underpinning philosophy is using math and computer science to create a system for storage and transfer of value that has a hard cap on tokens, is decentralized but still immune to double spending.

>> No.24398126

>>24396233
Mexican Rand Paul
>EETS HAPPENINGS!

>> No.24398144

>>24396233
lmao based and checked you fucking subhuman

>> No.24398190

Raoul has been calling for crypto regulations and you faggots eat the shit out of his ass. Careful with these false prophets

>> No.24398196
File: 154 KB, 512x378, 1584671043083.png [View same] [iqdb] [saucenao] [google]
24398196

>>24398011
Holy fuck you all are so deluded. I mean, it's normal, you wasted all your money into a literal, unironical nothingburger made out of nothingness and backed by nothing.
BTC is going down to 0. No matter how hard you cry and throw tantrum, the jew wont hear you while he's oygevalting at how easy it was to lure stupid goyim with (((digital gold))).

You know what make the jew powerful? Control over central banks. You know what central banks are owning in large quantity? That's right, bit-.. oh no, sorry, it's gold.
But you know what central banks don't give a fuck about? That's right, bitcoin. Even better, they'll rule it illegal to enforce their (((CBDC))) very soon, enjoy.

>> No.24398209

>>24397995
Lol. I can't wait. I literally can't wait. BTC is 1/33 the market cap of gold. It does everything gold does better and it lives amongst the parabolic world of digitization. Parabolic as in non-linear and fueled by exponential growth. We'll see what a programmable, borderless, trustless, sleepless store of value can do over the years. You're right on if you don't think it's going to compete with gold. It won't compete with gold. You haven't seen anything yet. Millenial's only hold 5% of the wealth today. HAHAHAHA. Try to process that! Do you really think the story of Bitcoin just sort of fizzles out at 20k?! Over before it even started? It hasn't even fucking started lol!

Strap in boys.

>> No.24398213

>>24397497
true and based, but

>Back in March Bitcoin fell LESS than many blue chip stocks(!)
is this actually true? btc fell like 60%

>> No.24398226
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24398226

>>24397820
>buttcorn is NOT a store of value since it's worthless and store no value.
idk anon i'm up like 180% lmao maybe you should just buy some instead of being a sad lil pussy bitch screaming about buttcoin on 4chin?

>> No.24398236

>>24398196
It's over Peter.
Admit defeat gracefully.

>> No.24398283

>>24398196
nobodies ever gotten rich off gold anon, so goodluck with your “investment” and I’ll continue mine which has made me 200x returns over 5 years, my advice would be take your head out of the gold echo chamber before you wake up and golds underperforming inflation which if has for the last nine years.

>> No.24398291

>>24397995
> even if you end up with more purchasing power for the rest of our lifetimes I will still not admit that because I refuse to acknowledge that your money is real.
> I will make posts that certify I am clinically insane accompanied by hysterical laughter and crazy, laughing pepes

>> No.24398296

>>24398209
>>24398226
>>24398236
I've a serious question : will you kill yourself if btc goes to $0? Or will you accept to live with the shame?

As a proud gold owner i can announce this : if gold goes to zero, i'll kms and stream it with a collar made out of my balls.

>> No.24398317
File: 3.41 MB, 2398x2888, skksksksksk.png [View same] [iqdb] [saucenao] [google]
24398317

>>24397820

>> No.24398335
File: 106 KB, 1022x1024, 1593441243614.jpg [View same] [iqdb] [saucenao] [google]
24398335

>>24398065
This.

The /ahead of the curve/ wall street "cool kids" are saying buy bitcoin. In 2017 a fund manager would be sticking his neck out buying into "nerd money" in 2021 fund managers are going to have to explain why they're NOT buying what the savvy guys like Raoul are buying. Guy is ex (((Goldman))) so he has (((connections))). Also the man is now recently a bitcoin maximalist. A year ago he did interviews with just the heavy hitters of traditional markets, he's since obviously taken the orangepill and now only does interviews with crypto guys or macro guys that he's trying to convert to the cult of bitcoin.

Bullish.

>> No.24398342

>>24398296
no because i'm not an autist with a majority of my net worth in crypto, let alone in btc

if btc went to 0 that would be pretty bad, but i'd probably only lose out on a years worth of my salary, who cares

>> No.24398368

why the fuck would anyone fud BEFORE they sell. are you guys retard niggers? hes fudding to buy more, hes certainly not selling

>> No.24398486

>>24398065
Ok. He's a niggerworshipping eceleb and now shilling his jewtube shit on 4chan. Got it.

>> No.24398515

>>24398213
Alright you got me, but I just checked a few blue chips, there's probably at least one. And this isn't even getting into other stocks or equities.

BTC 50%
DIS 40%
VIS 40%

>> No.24398546

>>24396219
multimillionaire and ceo superinvestor who just put all of his skin in the game.

>> No.24398594

>>24397392
what you don't get retard is that the elite can buy all the bitcoin and make themselves billions, which they are doing. why would they ban it then? obviously not happening.

>> No.24398636

>>24398296
Thought you might be a gold owner. Isn't it a pain in the ass selling the stuff? I can be liquid in a few minutes. I have all my liquid worth in Bitcoin, I'll also be retired with or without Bitcoin at 43 thanks to the boomers that lost everything in '08, allowing me to get cheap real estate. Gotta love the Keynesian boom and bust cycle! Thank you overleveraging and malinvestment and a broken inflationary monetary policy that can't do anything but continue the cycle! So no, I'll probably be a millionaire. Again, I do think gold will do well, but you should have done your homework on Bitcoin my man.

>> No.24398672

>>24397063
This. Gold is real, and for that reason it will always be king. 0's and 1's will never replace it. Not long term.

>> No.24398689

>>24398486
Lol. I guess so anon, can't argue with the facts.

>> No.24398722

>>24398546
No he didn’t put all of the skin in the game. He said that he put all of the skin in the game. Very big difference. I knew real vision was a fraud when Grant Williams, the other cofounder, left. He smelt that some thing was brewing and he didn’t like the smell.

>> No.24398765

If Gold goes on sale I might actually buy a shitload. It will win in the end, of course. Like the Kingdom of Ozymandius, bitcoin will enjoy it's day in the sun, but it can only last as long as the silicon it's stored on. Gold will last until the heat death of the Universe.

>> No.24398774

>>24397063
Pal and Tudor Jones are braindead. Nigger, these guys are fucking kings

>> No.24398873

>>24398722
>*long sigh, rubs temples*
Yeah, he's going to move a 350B market, and then dump on everyone. Because? I don't know he's just going to do it okay.

The ol' classic Bitcoin pump and dump. Nice try Raoul! We're onto you naughty boy!

>> No.24398884

>>24398722
>No he didn’t put all of the skin in the game. He said that he put all of the skin in the game. Very big difference. I knew real vision was a fraud when Grant Williams, the other cofounder, left. He smelt that some thing was brewing and he didn’t like the smell.
cool story bro

>> No.24398901

>>24398884
>greentexting the entire post
Cool story yourself.

>> No.24398926

>>24398901
>Cool story yourself.
you will be an IRL red wojak when this shit hits 500K

>> No.24398947

>>24398774
Not to mention Druck. The fucking guy had compounded 30% returns for 30 god forsaken years. Who else? That's right nobody. These are Gods.


https://www.youtube.com/watch?v=DA5spxR-5tw

>> No.24398965

>>24398926
No I will not because I don't see it as a sound long-term investment. I've already written it off. The only thing that could change my mind or make me feel different is if I learned something new about bitcoin that changed my mind.

>> No.24398991

Does the pope need to invest? Is that what it's going to take? I don't know who else could possibly capitulate to this thing. Ray "might be missing something" Dalio?

>> No.24399073

>>24398965
>No I will not because I don't see it as a sound long-term investment. I've already written it off. The only thing that could change my mind or make me feel different is if I learned something new about bitcoin that changed my mind.
see u when i buy my castle with ivory tower, i'll make sure to toss u a few scraps.

>> No.24399128

>>24396145
curious timing with Guggenheim trust announcing 500M in bitcoin today.
bet they are related....bet Raoul has heard that PTJ, Guggenheim, Blackrock are just the early ones and mass of institutional money is coming 2021.
Raoul is actually fairly cautious, he has to feel this is pretty much a lock to go so heavily

>> No.24399201

>>24396233
Lmfao I thought it was Rand Paul too, just reading the thumbnail.

>> No.24399216

>>24399073
Lotta talk.

>> No.24399236

>>24399128
>Raoul is actually fairly cautious, he has to feel this is pretty much a lock to go so heavily
He has stated that he could lose but the probabbility is very low in his opinion. He sees the globohomo instituting digital currencies everywhere in place of our current paper fiat. Which they are. Once that happens, gold is worth less. It's less realistic. BTC is future gold because that will be its place in the digital currency world, which is why institutions are all getting in. Raoul Pal is using his galaxy brain to see the future and he's pretty much fully accurate.

>> No.24399255

>>24399216
>Lotta talk.
cute

>> No.24399355

>>24399128
Every day there's another institution or bombshell announcement. It's not going to stop gents. Another way to look at it is this.

Bonds
>Dead, most likely negative next year in US. Negative already in Europe. This means the ubiquitous 60/40 portfolio is dead - the implications of this are indescribably immense.

Stocks
>ATH during recession. Many experts were saying the stock market was already inflated PRE-covid. Stock buybacks have clouded traditional ways of valuations. This is where companies buy back shares, inflating the stock price, which is the equivalent of giving themselves all bonuses. Rather than reinvesting in the company via R&D, employees, ventures, etc. They just pump the price up and distort it. We are now in uncharted territory. Apple is worth 2T. Tesla? We are entering a landscape we've never been before - valuations now have no meaning whatsoever. These stocks are being used as stores of value.

Real Estate
>If you can afford it I guess. Parabolic growth since Great Recession and no let up even during a recession. Bubbly? We'll see.

If not Bitcoin for the sake of Bitcoin, investors are seeing that this is not only the up and coming best performing asset ever eventually eating and surpassing gold, it's also the only asset that isn't massively overvalued.

>> No.24399412

>>24399236
Exactly, CBDC's become the future fiat. With a new arsenal of tricks the Fed can implement.

This makes Bitcoin the de facto store of value.

What part of digitization eating the world do people not understand yet?

>> No.24399491

>>24399412
>What part of digitization eating the world do people not understand yet?
It's too hard for them to accept yet. We'll be living in some shitty robocop cyberpunk world in about 20 years.

>> No.24399827

>>24397497
Gold was cucked by digital supply.

The fact that gold flatlined for a decade with massive monetary expansion says enough.
You would have protected your wealth more of inflation saving in salt or sugar than in gold.

>> No.24399932

>>24399827
This. Everyday I thank gold for having a 10T market cap for btc to eat

>> No.24400010
File: 197 KB, 523x349, 1606512144895.png [View same] [iqdb] [saucenao] [google]
24400010

>>24397063
I'd rather invest in a digital currency with a hard limit meant for modern commerce than a periodic element with a potentially infinite supply once Musk and Bezos master asteroid mining. The world will change more in the next few decades than it did in the last 5000 years. This is something normies are incapable of wrapping their heads around.

>> No.24400038

>>24400010
>than a periodic element with a potentially infinite supply once Musk and Bezos master asteroid mining
IQ filter detected

>> No.24400065

>>24396145

I'm bullish, but fuck this literally who that will have literally zero impact on price

>> No.24400213
File: 140 KB, 1371x900, 16059850650792341941641543380799.jpg [View same] [iqdb] [saucenao] [google]
24400213

>>24398335
Yes, Bullish for crypto. I have been consuming their Real Vision content for years.
However, as other anons pointed out the coming regulation of BTC ramps and even miners discriminating which transactions are going into blocks will proof to be highly problematic.

I would probably hedge threefold. 1/3 BTC 1/3 ETH (or basket of smart contract platform coins) and 1/3 XMR (or basket of anon coins).
That way you are covered whatever happens.

How does
>"CBDC's become the future fiat"
make
>"Bitcoin the de facto store of value"
?
Bitcoin would just be a Digital Currency that Central Banks don't control directly. Other things could easily work as a store of value as well. Especially since the whole Bitcoin space will be hammered with regulation and every shitty little transaction will take place in controlled airspace. Who then would want to hold Bitcoin except for normie institutions in the beginning. Then some years down the road there will be some mean taxation or turbulent crisis where the weak points of the BTC ecosystem will really make it hard for users.

I agree that there will be plenty of institutions onboarding and a lot of money flowing into BTC and the price will go up, but that is just normie managers feeling the same fomo that most people here had back in 2013 or so. They are basically all big clumsy babies knowing little about crypto and just consuming crypto mainstream media. It will be protitable to hold through the big normie onboarding but afterwards one needs to sell large parts of BTC for Alts to get out the firing line, because every government and tax agency in the world will be gunning for you and particularly BTC and big ass mainstream coins.

>> No.24400214

>>24397262
>sometime after 30k
lol so expect number go up then correction? wow nostradamus over here. fuck you people are retarded. why would he short now if the top is 30k?

>> No.24400260

>>24397063
>>24397820
This will happen to us on top of gold bubble too. You're only thinking straight because you're not in BTC. We'll be making equally retarded arguments when its our turn.

>> No.24400282

>>24399827
>Gold was cucked by digital supply.
Couldn't BTC be cucked by that as well?
Probably yes, but with BTC is way easier and straightforward to demand the real thing and take delivery of it. So people are less likely to get baited into these games.

>> No.24400329

>>24397063
Yeah, i would always put some of my crypto gains in prec. metals. Crypto maerket is to uncertain

>> No.24400361

>>24396145
He's late. He should have made this trade 2 months ago.

>> No.24400376

>>24400260
>You're only thinking straight because you're not in BTC
I'm in BTC and I think that this is another long-winded bubble like 2017
If I'm wrong then that's cool I still make money (not as much as I could because I don't trust the retards that move the market) but it doesn't feel organic at all right now, and I don't think institutions are doing as much as everyone thinks they are

>> No.24400409

>>24398672
>wampum is money, shiny metals will never replace it
>gold is currency, no paper will ever replace it
>dollars are only valuable because they're backed by shiny metals, no fiat cash will ever replace it
>cash is real, plastic cards will never replace them
you are here
>credit-backed dollars are how the world transacts, CBDC will never replace them
>CBDC is only approved transaction medium, cryptos will be useless soon
cryptos are a tool that allow you to entirely replace an industry with a piece of software. it is impossible to kill short of total war resulting in annihilation of the general populace. it's too late to kill it, it's too widely adopted, it's too easy to see the value proposition. you can buy now, or continue to hold your shiny rocks as they're replaced as an investment vehicle by the only known resource with true scarcity.

>> No.24400504

>>24400213
>How does
>>"CBDC's become the future fiat"
>make
>>"Bitcoin the de facto store of value"
>?

Because it puts the spotlight on Bitcoin. I.e:
>Digital currencies? Wait like Bitcoin?

CBDC's will give the Fed access to behavioral economics. Fiat will be even more manipulated, and centralized, if that is possible.

Bitcoin being the digital equivalent of the exact opposite ethos will carve out its place as the new store of value.

As for taxation, as it's borderless it will have the benefit of geo-arbitrage. If a country or block of countries enforce policies, there will be others that will have lax policies as they are incentivized financially via demand. Same reason certain states can incentivize migration there via tax policy. VPN's and the digital nature of Bitcoin make this more difficult to enforce than gold. Also, educated and crypto-friendly people like Brian Brooks are entering key positions, in that sense I'm at least slightly optimistic that the government is open to or will finally learn (through generations being fucked over for long enough) that a band aid fix isn't the answer to the boom and bust cycle we have. It just makes the underlying problem worse. Populism and more widespread education on the wealth gap are helping this as well.

>> No.24400555

>>24396233
WTF RAND PAUL IS ALL IN BTC?

>> No.24400558

>>24396433
you know pajeet shill bots can't read

>> No.24400582

>>24400504
>If a country or block of countries enforce policies, there will be others that will have lax policies as they are incentivized financially via demand
The issue is that this destroys the institutional investor argument and puts in massive roadblocks for the average person who'll likely just drop it because it's not worth the hassle
It's like cocaine, yeah some wealthy people use it illicitly but it's a liability for most and just not worth it

>> No.24400589

>>24398196
>they'll rule it illegal to enforce their (((CBDC))) very soon, enjoy
And they'll do the same to gold someday. Like Roosevelt did do.

>> No.24400598

>>24400409
It's all just leverage on top of leverage. I am not going to be at the very bottom of the pyramid scheme, lol.

>> No.24400635
File: 274 KB, 1080x1271, 1606675100352.jpg [View same] [iqdb] [saucenao] [google]
24400635

>>24397063
>Goldcucks

>> No.24400664

>>24400635
I want to know which company she used

>> No.24400672

>>24398283
But the irony of your statement is that you never owned a cent unless you own gold.

>> No.24400702

>>24396145
not yet, wait for the election

>> No.24400711

>>24400376
>I'm in BTC and I think that this is another long-winded bubble like 2017
>If I'm wrong then that's cool I still make money (not as much as I could because I don't trust the retards that move the market) but it doesn't feel organic at all right now, and I don't think institutions are doing as much as everyone thinks they are
institutions are buying so much that soon mining will only be able to supply 50% of their demand. they're buying metric fucktons, more than bobos could hope to ever sell consistently.

>> No.24400729

>>24400711
>they're buying metric fucktons
I haven't really seen anything to prove this, then again I haven't been running to check their balance sheets
Everyone was talking tough in 2017 too but they never did anything with it

>> No.24400769
File: 115 KB, 495x362, 1601633984398.jpg [View same] [iqdb] [saucenao] [google]
24400769

>>24399355
>it's also the only asset that isn't massively overvalued.
How can you be fucking serious saying this kind of retardness? IT WAS WORTH 3 CENTS A DECADE AGO YOU TRIPLE NIGGER. IT WAS CREATED OUT OF THIN AIR BY A BALD NSA GLOWNIGGER AND THE 21M CAP WAS LITERALLY A RANDOM NUMBER.

>> No.24400785

>>24400582
Sure, however:
If institutions are in, then these draconian policies become much harder to enforce. We are living in a plutocracy, not a democracy. Large institutional wealth managers and high net worth offices and instructions are the exact type of people that influence these types of policies.

The policies would need to be enforced now or very soon as institutional interest is clearly growing. All metrics are fascinatingly showing that lately policies have been friendly to crypto, banks can now custody digital assets, the first BTC ETF looks likely next year, and regulation on exchanges means that crypto is being legitimized, not outlawed.

>> No.24400793

>>24400729
Go and read the news sites, it's all out there.
>Everyone was talking tough in 2017 too but they never did anything with it
Completely different market, mostly FOMO retail.

>> No.24400801

>>24400785
>If institutions are in, then these draconian policies become much harder to enforce. We are living in a plutocracy, not a democracy. Large institutional wealth managers and high net worth offices and instructions are the exact type of people that influence these types of policies.
Fair point
>the first BTC ETF looks likely next year
Weren't they trying to deploy one in 2015?

>> No.24400833

>>24399412
>CBDC's become the future fiat.
Worse than fiat. It's the ultimate enslavement tool. And what you don't get yet is central will wage war against every shitcoins and eventually win. Just like they waged war against regular banks post 2010 and won.
BTC will be ruled illegal in the end, but way before that it will be rendered useless and worthless by constant regulation smothering.

>> No.24400871

>>24400589
True, but at least i will be able to dig a hole in my garden and hide my shiny rock, or barter with it. Or even make a gold dildo out of it then fill up my ass with it.
You can't do a shiny dildo with btc.

>> No.24400878

>>24400833
>Worse than fiat. It's the ultimate enslavement tool. And what you don't get yet is central will wage war against every shitcoins and eventually win. Just like they waged war against regular banks post 2010 and won.
>BTC will be ruled illegal in the end, but way before that it will be rendered useless and worthless by constant regulation smothering.
They won't need to do that: the vast majority of people will be completely priced out of it at that point, leaving only the elite holding the majority of the supply. It will be regulated, meaning you'll need to verify your ID with transactions and declare amounts. Probably. They cannot get rid of it though.

>> No.24400885
File: 98 KB, 750x739, EnN5CKMXIAAMdFP.jpg [View same] [iqdb] [saucenao] [google]
24400885

>>24400582
>The issue is that this destroys the institutional investor argument and puts in massive roadblocks for the average person who'll likely just drop it because it's not worth the hassle
>It's like cocaine, yeah some wealthy people use it illicitly but it's a liability for most and just not worth it
I agree. What I think might happen is that countries let their big investment institutions buy into Bitcoin. BTC goes up to the moon and then these countries will levy a 40-60% BTC tax on all BTC-related activities institutional or otherwise. Alternatively, they could confiscate BTC from these institutions much more easily than from private individuals (that's how most central banks amassed so much gold)

The justification will be that BTC owners asymmetrically benefited from the coming currency crisis and they need to be taxed accordingly for social justice.

>> No.24400897

I'll keep my wealth physical, as I am against the digital future. Call me a dinosaur, call me paranoid. I know where technology leads. And I'd rather own myself and my things. I'll just live in a little shack in the woods one day, by myself. I'll grow cabbage and corn and I'll be the richest motherfucker on Earth because I'll be the only one who owns anything at all. The only human, anyway.

>> No.24400919

>>24399355
Yep, Bitcoin can potentially suck out the entire overvaluation of the entire market. Of every market. Few people realize that Gold is nothing compared to Bitcoin's potential

>> No.24400925

>>24400769
And a new asset class that emerged from nothing. That asset class is simply mispriced. If you could design a store of value from scratch - would it be a metal? Would it inflate at 2% every year and the more it became valuable, the more the miners would be incentivized to find more of it and through human ingenuity create more ways of finding more of it? Or would it be finite?

Would it be sleepless? Liquid? Programmable? Digital? Borderless? Censorship resistant? Could it fit on a small piece of paper or inside your brain? Would it be trustless?

>> No.24400932

>>24400885
Bingo.
This guy gets it.

>> No.24400963
File: 13 KB, 600x314, Fuse.jpg [View same] [iqdb] [saucenao] [google]
24400963

>>24396145
Hodling my Fuse to 40x or 0

>> No.24400966

>>24400925
It would be scarce

>> No.24400985

>>24400885
Actually a good take
Not to mention that China will (((work with other countries))) to ensure global compliance and they'll exploit all the hashing power they have within their borders until no address without a KYC check can move anything on the blockchain

>> No.24400988

>>24400885
If that happens, it won't be immediately. Regardless: I'd be fine with $600,000 after they took $40. After all, I only put in $8000.

>> No.24401000

>>24400801
It's been a while yes. I wish I could remember the video, but a few months ago there was someone who seemed all but certain he was going to have his out 2021. Regulators are beginning to crack. It's ridiculous the amount of leverage trading people can do, and they can't even trade a BTC ETF. Look at Grayscale FFS. Ah well, more time to accumulate.

>> No.24401045
File: 69 KB, 747x686, 1522299873448.png [View same] [iqdb] [saucenao] [google]
24401045

>>24400919
Why btc and not one of the other 9750 shitcoins existing with better technology, less fees, more energy savy and more efficient? Just because it was here first?
This argument alone completely and utterly destroy non-backed shitcoins.

Yes crypto will be, sadly, part of the future, but in the end the only ones with value will be the ones either backed by a commodity/asset or a solvent government. There is no valid counter-argument to this. And don't even try to debate this we both know i'm right.

>> No.24401068

>>24401000
Digits confirm I’m going to fomo into gbtc and gdlc tomorrow morning!

>> No.24401100

>>24400885
This might happen, but actually think what this implies. This is basically a property tax against big institutions. And while many social justice warriors have called for something like that with arguments like these, institutions have many ways of fighting back. KYC regulations is something institutions want. They want Crypto to be open and transparent so it doesn't get abused for illegal activity. But paying taxes? Oh fuck no, institutions know better than that. This is where the big lawsuits will come in. This is where money will be moved off shore. This will be the time when Institutions look into Altcoins. This will be the time when the media talks about nothing else but how companies and private investors fight against expropriation against the government. The government will lose that battle, people completely underestimate how much power institutions have over the government. The government would have put a 99% on the rich any time if they could

>> No.24401169

>>24400988
*40%

>> No.24401196

>>24401045
>Just because it was here first?

Unironically yes. The blockchain gains it's trust by its verified transaction history and gains more trust the longer it proves it's working. It's literally as simple as that there is absolutely no way another coin can prove to be more trustworthy because no coin can make up the time Bitcoin has existed. Anything that wants to flip Bitcoin needs to prove it is more trustworthy and they simply can't. It has been attempted many times before and they all failed horribly. Not even forks that have theoretically the same age as they use the same blockchain can flip Bitcoin and the more forks happen the more legitimate the main chain becomes. The fact that BCH isn't even CLOSE to competing with BTC shows how much BTC is ahead in trust compared to anything else

>> No.24401237

>>24401045
>And don't even try to debate this we both know i'm right.

Lol. Deal. Let this rocket scientist billionaire genius gigachad debate it ;)

>1:11:40

https://www.youtube.com/watch?v=Cg10yYZjK94&t=5586s

>1:00:50

https://www.youtube.com/watch?v=rPYt_Z9lYlM&t=4090s

Love you anon, all good arguments

>> No.24401257
File: 903 KB, 1264x534, laughingemployees.png [View same] [iqdb] [saucenao] [google]
24401257

>>24400793
>retail getting in before institutions

>> No.24401274

>>24400635
Lol he’s been dabbed on for a decade, he only hates btc cause he can’t charge a premium on it like he can with gold

>> No.24401284

>>24396386
A few retail poorfags buying $100 worth BTC doesn’t change shit.
He talked in his podcast that actual soverign funds and HNI trust funds are reaching out to him left and right for advice. If that’s true, I would go all in too.

>> No.24401295

>>24398722
Do you know why Grant left to do his own thing? I can’t find any public info on it. Definitely a little shady

>> No.24401303
File: 488 KB, 1280x720, 1605675256952.jpg [View same] [iqdb] [saucenao] [google]
24401303

>>24401100
Well in the end it would be corporate profits and taxed as such in one form or another. If they 50x their money while the rest of the country suffers from stagflation and chimpouts what will the government do?

>>24401100
>This will be the time when the media talks about nothing else but how companies and private investors fight against expropriation against the government.
I don't think so. Crypto investors will be seen like the jews in Nazi Germany circa 1944. Everybody gets raped by the 4th industrial revolution and even educated people disrupted big time, chimpouts in the cities.. all while some corporations and rich white dudes 100x their money with some weird Bitcorn??

>> No.24401369

>>24400885
oh yes an unheard of tax, you cucks keep creating one in a billion scenarios where btc loses instead of getting rich. “Ah but what about a meteor hits earth of a solar flare, how will your butfcoin hold up then lolz” excrssive fantasy = dying poor

>> No.24401446

>>24401369
You gotta give them credit, they keep things feisty...

...even when their argument eventually becomes that Bitcoin is going to skyrocket so far up in value that taxation policies will need to be completely overhauled to account for it.

>> No.24401463

>>24401369
It's not like such things never happened in the past in one form or another...
https://en.wikipedia.org/wiki/Executive_Order_6102
https://en.wikipedia.org/wiki/Lastenausgleich

>> No.24401464

>>24401303
>Crypto investors will be seen like the jews in Nazi Germany circa 1944

Maybe. But if the states decide to go full totalitarian and forcibly take your Bitcoin away, they can try if they want. Unlike Gold, Bitcoin isn't stored anywhere physically. If a "jew" flees the country, this time he will take his entire gold trezor with him, hidden inside his asshole. Or even better, memorized as 12 simple words in his brain. There is no way to seize someone's Bitcoin without them complying. They can only freeze your wallet by physically preventing your to get near a computer

>> No.24401473
File: 43 KB, 500x370, 1603207486253.jpg [View same] [iqdb] [saucenao] [google]
24401473

>>24398317
good read. One of the important take-aways is that inflation based on CPI is not the true inflation; it leaves out things such as buying a house or the cost of an education. If these were added in, inflation would be closer to 7% and not the mandated target of 2% by the fed. We're literally watching our cash burn in our hands in real time to the tune of 7%. Every year, you become 7% poorer if you keep cash.

>> No.24401499

>>24401473
This
Setting asset differences aside for a moment, fiat is literal dogshit
BTC is good for growth, PMs are pretty decent for wealth preservation. Each complement the other

>> No.24401503

>>24401464
if the gov can seize silkrods wallets and get the coins then it can you lmao

>> No.24401582
File: 161 KB, 778x1405, EXU7rAgU8AMnlhJ.jpg [View same] [iqdb] [saucenao] [google]
24401582

>>24401499
Nah they don't and goldbugs realize this. If crypto ever gets established as a real asset that everyone can put their money into safely they know there is absolutely no need for any metals as store of value as they are worse in every conceivable way. It's why the panic so hard at the emerge of cryptocurrencies. It's easy to argue a rock is valuable against an infinitely created paper currency, but imagine a world where monetary value is real and actually stored in a trustless and absolute public ledger that can't be faked or tampered with? Who in their right mind would trade that absolute monetary value for a rock nobody might see as valuable in the end?
It's why they HAVE to FUD Bitcoin. If they don't, everything they own becomes worthless

>> No.24401593

>>24401464
They can globally backlist all the wallets you are associated with. At best you could use these tainted BTCs in shady ways in private transactions at very very big disccounts.
Maybe you couldn't even send the BTC anywhere as miners wouldn't want your transactions in their blocks.
The only chance one has in such a scenario would be with completely anonymous BTC that in no way, shape or form are associated with you.

>> No.24401603

>>24401503
the silk road was connected to the internet, dumb dumb

>> No.24401607

>>24401446
yeah, it’s cringe cope though, they’re butthurt they think it’s better to buy silver cause it’s down 50% from its ath and hasn’t even beaten inflation in a long long time, neither has gold for the last 9 years as was mentioned here then to hold bitcoin cause it’s near ath. They act like if they sell their bullion at a profit they aren’t up to pay capital gains tax, their last argument is now “ok, ok, you’re getting rich. But it will one day become worthless OR you make it and pay half of it back in taxes, enjoy that heheheh” Id rather pay taxes On fat profits then have no gains, cause I invest to make a profit. Which is what goldcopers lie to themselves about

>> No.24401638

>>24401607
>neither has gold for the last 9 years as was mentioned here then to hold bitcoin cause it’s near ath
If you buy at the ath you will never beat inflation. Same can be said for Bitcoin. It's disingenuous.

>> No.24401652
File: 369 KB, 1280x720, Hajimete no Gal - 01 (BD720p).mkv_snapshot_08.33_[2019.11.12_18.22.13].jpg [View same] [iqdb] [saucenao] [google]
24401652

>>24401603
>the gov cant do anythung to me off the internets
wut lmao

>> No.24401657

>>24401503
That was $1B in Bitcoin. B as in Bullrun. That person also, didn't have to comply, but they did. Probably because they were involved in illegal activity.

>> No.24401671
File: 325 KB, 1125x1492, 2839E088-B5D2-4CD3-BC7D-A7BA6BF53F0D.jpg [View same] [iqdb] [saucenao] [google]
24401671

>>24401582
This, next gen fund managers and the next gen of wealth don’t want gold, they want bitcoin and they’ll be in charge as these old gold fossils die off and get alzeimers and pass the reigns down in the next decade or two

>> No.24401723

>>24401671
"The kid"
I fucking love Schiff he's the human equivalent of bobo.

>> No.24401725

>>24397392
Bitcoin's main value is its scarcity and the strength of its network, newfag

>> No.24401740

>>24401638
Since then Gold had the perfect storm with unlimited QE and still hasn’t beaten inflation, if that doesn’t alarm you then nothing will. And people talk about gold gains before bitcoin came along, once btc arrived it now has major competition, digital gold has lower inflation and a fixed supply

>> No.24401763
File: 1.16 MB, 1280x720, deregf.webm [View same] [iqdb] [saucenao] [google]
24401763

>>24401671
this must be 3d twitter trolling, right?

>> No.24401775
File: 308 KB, 1080x1487, 1606675100352.jpg [View same] [iqdb] [saucenao] [google]
24401775

>>24401723
I feel bad for him. He is really destroying the idea he can create generational wealth. He has lost the opportunity of a lifetime.

>> No.24401832

>>24397820
> lubricant
thanks I get the idea of what you do with your gold no need to be so graphic

>> No.24401835
File: 145 KB, 835x1280, 88E9A628-A05F-4202-B532-399C857D1783.jpg [View same] [iqdb] [saucenao] [google]
24401835

>>24401763
>>24401775
Look at her face and the date, even she knew he was coping

>> No.24401839

>>24401775
Don't worry about him, he's rich with or without it, he's right on a lot of macro stuff, and he's probably the best naysayer Bitcoin has - the guys that force us to sharpen our arguments.

>> No.24401861

>>24401835
“Gold jumps off a key 1700 level in October 2012, 5k in two years”
November 2020
“Gold jumps off a key support at 1700, 5k in two years”
KEK

>> No.24401877

>>24401582
>imagine a world where monetary value is real and actually stored in a trustless and absolute public ledger
>public ledger
Yep. This is what (((they))) crave. Ignore boomer rock lovers who are salty.

>> No.24401955

>>24398296
> As a proud gold owner i can announce this : if gold goes to zero, i'll kms and stream it with a collar made out of my balls.
Careful there. BTC might actually flip gold, then eat all of gold's market cap and send gold to zero. It might even happen in your lifetime. So only bravely make that bet with your life on anonymous forums, eh?

>> No.24402041

>>24401593
>decentralized non-custodial atomic swap platforms don't exist
you don't understand crypto currencies. at all.

>> No.24402218

>>24398296
>yfw this is actually Peter Schiff and he will livestream his suicide to the world

>> No.24402237

>>24402218
mfw his son inherits his shiny rock empire and dumps it all for btc

>> No.24402248

>>24402237
>What good is dumping rocks with the worth of zero

>> No.24402292

>>24402248
they can reset to their industrial use case as bitcoin has taken the speculative hedge of inflation purpose away

>> No.24402515

>>24400871
>You can't do a shiny dildo with btc.
Ok fair enough, I'll have to give you that.
So, gold vs btc: 1-4738

>> No.24402572

>>24401045
>Just because it was here first?
No, because it is the best. Not just out of the 9750 other shitcoins, but out of the coins that could be made with our current computer scientific level of understanding.

>> No.24402581

>>24401955
If gold goes to zero, so is silver, platinum, and palladium, and base metals i.e. copper, nickel, zinc.

If all of the above goes to zero, so is your phone, laptop, foods, clothes, etc.

If you have any brain at all, you know that ain't gonna happen at all.

>>24402292
If you actually understand economics at all, you'd know that that very use case is why gold, silver, and pretty much commodities in general is an inflation hedge.

Bitcoin, on the other hand, is not a commodity, and will not be an inflation hedge, especially after the ponzi scheme crashes.

>> No.24402763

>>24402572
Its not even the best fork of itself.

>> No.24402966

>>24402581
>>>24402292
>If you actually understand economics at all, you'd know that that very use case is why gold, silver, and pretty much commodities in general is an inflation hedge.
bullion is an inflation hedge, they just inflate at 2% per year instead of 5% so the rate is slower. bitcoin does not inflate at all so it's a better hedge.
>especially after the ponzi scheme crashes
Not going to happen money is going digital, globally. This isn't 2017 any more. You're a fool.

But don't get me wrong I've get tons of physical bullion.

>> No.24403069
File: 375 KB, 1280x720, congratsfaget.jpg [View same] [iqdb] [saucenao] [google]
24403069

>>24402966
>btc doesnt inflate

>> No.24403132

>>24403069
>btc doesnt inflate
how does btc inflate you no brained nigger monkey?

>> No.24403653

>>24400711
You fucking morons don´t realize that this is the biggest danger. These cunts are forced to sell at a certain level, which will crash the market even harder.

>> No.24403706

>>24402966
The fact that Bitcoin's production decreases over time is the very reason why it can never be money.

Optimally, money needs to inflate at a rate equal to economic growth, not less. If it doesn't, the economy doesn't grow optimally.

Gold production happens to be equal to the rate of a healthy economy growth, i.e. 2%. And it is about the same as population growth too.

Bitcoin's supply growth is decreasing, and soon its supply will only grow at negligible rate. While this is perfect for a ponzi scheme, as the value will only rise exponentially, this is bad when used as money in an economy.

If Bitcoin can't be money, what value does it offer anymore?

None? That's exactly why it's intrinsic value is zero.

>money going digital
Yes. That would be CBDCs. And as Bitcoin threatens CBDCs, it is only common sense that governments will heavily regulate, or even outlaw, private wallets, Bitcoin exchanges, etc, until Bitcoin loses much of its supposed values and everyone loses interest.

>> No.24403878

>>24398317
Original thread
https://boards.4channel.org/biz/thread/24242308#top

>> No.24403881
File: 23 KB, 283x201, 1606084237798.jpg [View same] [iqdb] [saucenao] [google]
24403881

>>24403706
>Yes. That would be CBDCs. And as Bitcoin threatens CBDCs, it is only common sense that governments will heavily regulate, or even outlaw, private wallets, Bitcoin exchanges, etc, until Bitcoin loses much of its supposed values and everyone loses interest.

How to crash your velocity of money with one simple step.

Good luck miss laggarde.

>> No.24403896

>>24397063
>real wealth
>a literal piece of shiny metal
>that can be found in literal metric tons anywhere in the universe

top kek

>> No.24403902

>>24403706
>The fact that Bitcoin's production decreases over time is the very reason why it can never be money.
>Optimally, money needs to inflate at a rate equal to economic growth, not less. If it doesn't, the economy doesn't grow optimally.
no it doesn't, a devaluing medium of exchange only leads purchased time at the cost of later collapse, causing reversal of growth; additionally there are various and severe non economic issues attached to it that also affect your cherished growth, like declining birth rates.
anyway btc is digital gold not the digital dollar. you will have tons of digital currencies by the time it is all digital anyway. and BTC will not be the dollar. so you have a non argument.
>If Bitcoin can't be money, what value does it offer anymore?
Proving you do not know what money is, anything can be money as long as it's rare enough.
>Yes. That would be CBDCs. And as Bitcoin threatens CBDCs, it is only common sense that governments will heavily regulate, or even outlaw, private wallets, Bitcoin exchanges, etc, until Bitcoin loses much of its supposed values and everyone loses interest.
not at all, it isn't big enough for everyone to use. you conflate it with being a digital dollar when it will never function that way at all.therefore it is not a threat and the rest of the coins are garbage.

>> No.24403952
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24403952

>>24399932
>This. Everyday I thank gold for having a 10T market cap for btc to eat

Unironically this

>>24400282
>Couldn't BTC be cucked by that as well?

Yes as long as people stop saving their coins on their wallets.
They will probably attempt to regulate it that way but won't work thanks to p2p exchanging and people needing to use it for wires internationally.

>So people are less likely to get baited into these games.

Not only that , even if 85% of people were baited into it with custodial wallets , there is no way the regulators who are keynsian control freaks will allow things like bitcoin for international payments.
Meanwhile people will continue to buy it via p2p exchanges to do payments and this will keep it's street value going up, in fact it will accelerate it due to custodial wallets removing supply from p2p markets.

Gold with capital controls and travel controls was completely cucked.

>> No.24404076

>>24396145
In which tv show does he act?

>> No.24404237 [DELETED] 

>>24403706
>devaluing medium of exchange
It doesn't devalue if the rate equals economic growth.

It is constant.

A medium of exchange whose supply growth is less than economy growth would lead to deflationary collapse, as it would be better for everyone to just hold that medium, instead of actually use that medium to grow the economy, because the medium gains value more than the economy.

> Bitcoin doesn't threaten CBDCs
Why would anyone hold CBDCs that gets devalued as the government likes instead of Bitcoin or other cryptos that can scale better?

There is no reason for anyone to hold CBDCs that is in central bank's balance sheet, get spied on, and gets devalued.

It is threathening CBDCs, and the government doesn't like that.

>> No.24404292

>>24397392
short everything this fucker touched

>> No.24404621

>>24403902
>devaluing medium of exchange
It doesn't devalue if the rate equals economic growth.

It is constant.

A medium of exchange whose supply growth is less than economy growth would lead to deflationary collapse, as it would be better for everyone to just hold that medium, instead of actually use that medium to grow the economy, because the medium gains value more than the economy.

> Bitcoin doesn't threaten CBDCs
Why would anyone hold CBDCs that gets devalued as the government likes instead of Bitcoin or other cryptos that can scale better?

There is no reason for anyone to hold CBDCs that is in central bank's balance sheet, get spied on, and gets devalued.

It is threatening CBDCs, and the government doesn't like that.

>> No.24404639

>>24396145
buy high sell low
very good rand

>> No.24404659

>>24404639
Lol. That's exactly what this pajeet did.

>> No.24404812

>>24397392
calling others pajeets, when he is himself a street shitting pajeet. you dont seem to have the intellect ro understand the real value behind trustlessness, decentralization, small capitalization, no inflation, owning an asset without anyone interfeering, no one can take away ur crypto even states.

>> No.24404873

>>24404812
>no one can take away ur crypto even states
>but muh ramp regulations
>but muh kyc wallets
Just use PirateChain and DEXs like Bisq

>> No.24404922

>>24404812
Kek. He literally is an Indian, hence a pajeet.

As I mentioned already,
>>24403706
>>24404621
Bitcoin is deflationary.

The government can impose extreme regulations, or even outlaw, private wallets, Bitcoin exchanges, etc, to carry on the globalist CBDC agenda.

>> No.24405021

>>24403132
err... mining?

>> No.24405026

so Schiff scared them out of stocks during and before the massive tech boom, he scared them out of bitcoin before it went a few hundred x, he scared them into gold which lost against inflation, you’d have been better holding fiat in a savings account at 1% a year. He scared them into silver which is just ruined, jesus looks like schiffs lies are unravelling as we speak see his diatribe against btc lately

>> No.24405043

>>24404922
What kind of Indian name is Raul Paul. Still hillarous to see btc reduced to pajeetery.

>> No.24405059

>>24396145
this isn't the first guy that isdumping his gold for bitcoin.

>> No.24405083
File: 240 KB, 1080x1270, IMG_20201130_181521.jpg [View same] [iqdb] [saucenao] [google]
24405083

>>24405043
>What kind of Indian name is Raul Paul
Kek.

>> No.24405092
File: 2.62 MB, 3024x3308, 0EB2667A-C489-4CD5-B9E9-EFB4170377C5.jpg [View same] [iqdb] [saucenao] [google]
24405092

cryptoanon foretold this months ago

>> No.24405093

>>24397497

I don't care about your shiny jew rocks

>> No.24405110

>>24402966
Money is already digital and bitcoin changes nothing.

>> No.24405188

>>24400885
>politicians care about the health of their country and aren't funded to write laws
this is a how a 23 y/o raised on msm views the world.
the politicians - who also hold btc - will write the laws those institutions instruct them to.

>> No.24405223

>>24401593
>wouldn't it be great if someone invented taproot to circumvent this
try to keep up jamal

>> No.24405382

>>24397063
>Angry kike

>> No.24405415

>>24400555
how has no one checked this wtf. based fucking digits

>> No.24405749

>>24400897
Based

>> No.24406010

>>24397063
Gold is based but 80% of it is just numbers on computer, like your mickey mouse digitokens.
Also dumb retarded wojak poster kill yourself.

>> No.24406112
File: 330 KB, 750x450, 19-12-44-044.png [View same] [iqdb] [saucenao] [google]
24406112

It seems ECB is about to ban stablecoins along with CBDC launch.

If there is no stablecoin, Bitcoin will crash as the entire Tether-Bitcoin ponzi scheme will be no more.

https://www.ecb.europa.eu/press/inter/date/2020/html/ecb.in201130~ce64cb35a3.en.html

>> No.24406201

>>24397063
based

>> No.24406297

>>24406112
US needs to ban tether as well for that to happen. Unless this is some sort of coordinated Anti money laundering bullshit I wouldnt yet worry about this.

>> No.24406325

>>24406112
>Article by Christine Lagarde,
Nvm they are fucked

>> No.24406404

>>24396145
People only makes public after they done it.

I already did this 2 weeks ago.

>> No.24406494

>>24396145
16.5K resistance is supported by HODLers
we'll NEVER see BTC sub 16k again
save this

>> No.24406571

So when should I get into BTC, my older brother always talks about how our boomer state lawyer aunt kept him from deciding to BTC a long time ago and how wrong she was. So it’s 18k when should I hop on, do you agree it won’t drop below 16k? So what should I wait for?

>> No.24406603
File: 61 KB, 412x481, 1603899658235.jpg [View same] [iqdb] [saucenao] [google]
24406603

>>24396145
>mfw smarter than "hedgefund finance genius guy"
sold all my PMs for crypto back in september

>> No.24406627

>>24397063
If I ever start writing posts like this I need one of you to come to my house and kill me in my sleep

>> No.24406634
File: 28 KB, 467x333, 1111a4a.jpg [View same] [iqdb] [saucenao] [google]
24406634

>>24406112
>Recently, we have seen the emergence of stablecoins, which try to solve crypto-assets’ problem of a lack of stability and trust by pegging their assets to stable and trusted fiat money issued by States.[9]And the issuers of “global” stablecoins, which target a global footprint, further aim to introduce their own payment schemes and clearing and settlement arrangements.[10]

>Although stablecoins could drive additional innovation in payments and be well integrated into social media, trade and other platforms, they pose serious risks.

>If widely adopted, they could threaten financial stability and monetary sovereignty. For instance, if the issuer cannot guarantee a fixed value or if they are perceived as being incapable of absorbing losses, a run could occur. Additionally, using stablecoins as a store of value could trigger a large shift of bank deposits to stablecoins, which may have an impact on banks’ operations and the transmission of monetary policy.[11]
- Christine lagarde

Kek. They just declared war. Its over for cryptocels.

>> No.24406682

>>24406571
the dip happened bro id say 80% we are going up to 30k from here
start to DCA in over the next 2 or 3 days we can still g et a small dip but no big one

>> No.24406932
File: 603 KB, 860x1236, 1603641152139.jpg [View same] [iqdb] [saucenao] [google]
24406932

>>24401582
>SEETHING
the definition of SEETHING has never been more apt

>> No.24407065

>>24400361
Better than two months from now?

>> No.24407388

>>24398196
Imagine being retarded enough to fall for this fud
No jew or central bank can stop bitcoin since it's being used for private transactions and illegal business. Institutions tried to stop The Pirate Bay countless times and failed miserably, they will not stop bitcoin as well.
Not selling before 2000$ you nigger(yep, nulinker here..)

>> No.24407464

>>24407388
>>24406112

>> No.24407551

>>24396145
POOOOOOOOOOOOOOOMPA
/PMG/ INCELS ARE YOU OKAY??

>> No.24407555

>>24396145
Soo..... hes gonna pump my ETH bags too?

>> No.24407613

>>24407555
Soon all the banks will have no choice, but to pump our bags and fund us mansions. We'll all be Landlords, living of off misery of the poorfags who will have to pay us rent for the rest of their lives. It will be beautiful.

>> No.24407642

>>24396145
Yea well a huge fund in Canada I believe it was just dumped all their eth and monero for BTC. The BTC bubble is going to pop internally within a larger run, which is to say Bitcoins going to 40k and Litecoins going to 3k.

>> No.24407683

>>24407642
fucking lol
I will publicly hang myself if LTC reaches anything over 100$ per coin let alone 3k lol

>> No.24407711

>>24407642
btc is going much higher than that.

how stupid are you people....do you know who blackrock is? when they say "its going to replace gold" that means price will be above 500k.

you = forever poor and eternally btfo in all universes and wormholes

>> No.24407715

>>24398546
>ceo superinvestor
>a crappy multimillionaire
Call me when billionaires get in
and scream when trillionaires get in

millionaires are chumps.

>> No.24407843

>>24407683
It already did when BTC was at like 14k, youre an idiot. It was at 90$ last week. You already missed out, it was 23$.

>> No.24407868

>>24407711
When they say that they are really saying pump our bags 15% now so we can sell. BTC does 7 transactions a second max and if you have an IQ above 50 that should be all you need to know. Your competition, which is in all the ATMs alongside you, does 60. Keep scratching your head on why people are going heavy into LTC now though, you absolute moron.

>> No.24407917

>>24407868
lol imagine thinking Blackrock needs anyone to "pump their bags" so they can "dump." these guys are worth trillions you fucking imbecile, these aren't street shitting pajeets pumping the shitcoin-of-the-month. they are the top of the top of the financial elite. not above the bogs though of course.

>> No.24407954

>>24396279
You will kill yourself from regret

>> No.24408603

>>24407843
nope
never was over 100$ this bull run
it had an ATH of 360 but it was a political bull run
LTC will never and I mean never peak over 400$
fucking boomer shitcoin
BTC or BUST

>> No.24408830

>>24407715
you're late, billionaires are already in, and it's going retail in 2021.

this is the buy signal for retard retail to pump Mark Cuban's bags

>> No.24408861

>>24396145
I keep a small amount of gold and silver and that is forever. Never selling. I'll use it to make candlesitcks and cutlery if everything goes really bad.

>> No.24409384

Do we know any range of what Raul Pal's networth may be?
Pretty sure he's not a billionaire but I think he talked about getting to a networth above $100M if I remember correctly?

>> No.24409387

>>24408861
hahahahhah

>> No.24409393

>>24408861
You could also make a weapon out of it all, just need a couple really strong socks and a zip tie.

>> No.24409518

looks like he is buying in atm

>> No.24409638

>>24400555
Ron Paul is all in too.

>> No.24409660

>>24398335
>The /ahead of the curve/ wall street "cool kids"
These chapters have been getting scraped by autsits for the past couple of years.

>> No.24410004

>>24400897
Based and Tedpilled

>> No.24410298

>>24401775
He's going to finally cave in and BTC will have its biggest crash the next day

>> No.24410411

>>24401671
you idiots dont realize he trolled you all with this poll, right?

>> No.24410495

>>24407642
They only had like $250k worth of XMR lol

>> No.24410525

>>24403706
Yup exactly this, it's pretty simple. ETH, LINK are better bets than BTC long-term. But you never really know when it will all crash. Might be 10 years from now at 100K

>> No.24410984

>>24401839
Peter is based

>> No.24411137

>>24401671
He's basically asking if you trust people who fail to outperform the market vs people who are now actually outperforming the market.