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/biz/ - Business & Finance


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24414917 No.24414917 [Reply] [Original]

How much are Goldcucks coping right now?

>> No.24414978

>>24414917
he cannot be serious at this point, right?
he's just accumulating, must be

>> No.24414982

>>24414917
This jew is really addicted to btc?

>> No.24414996

>>24414917
Why does this cuck hate btc so much?

>> No.24415016

>>24414917
>rent free

>> No.24415032

Schiff is like the sole libertarian in this world to hate crypto. He really should just stfu.. too much ego for all his bad calls

>> No.24415217

>>24415032

it's much more easily regulated than gold because transactions depend on a stateful external system that contains every transaction ever made in easily searchable form.

>> No.24415261
File: 74 KB, 597x456, 1606753374191.jpg [View same] [iqdb] [saucenao] [google]
24415261

Your time has come, Schitt

>> No.24415276

>>24414996
Because gold, and in turn, his company would suffer with btc supremacy. I don't get how people don't see this.

>> No.24415292
File: 161 KB, 778x1405, EXU7rAgU8AMnlhJ.jpg [View same] [iqdb] [saucenao] [google]
24415292

>>24414978
He is very serious, he'll fight twelve year old kids over it

>> No.24415348

>>24415217
This

>> No.24415351

>>24415217
That's where community forks and anonymous tech comes into play. Central bankers are literally waiting for privacy, Schiff is completely one dimensional with his analysis of crypto.

>> No.24415479

>>24415351

seems like they're going to effectively outlaw them anyway by enforcing kyc. it would be easy enough to keep a blacklist of public keys.

there are so many problems with using btc as a currency.

>> No.24415482

>>24415351
Where we can read the plans for that anon fork without hash power? Is it based on PoS?

>> No.24415520

this guy needs to get laid lmao

>> No.24415800

>>24414917
CAN'T
STOP
COPING
This man is done

>> No.24415824
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24415824

>> No.24416356

>>24414917
The name "Schiff" and the words "Shifty" , "liar" and "fool" seem to go together.

>> No.24416378

the fuck is GBTC?

>> No.24416405
File: 163 KB, 1792x364, goldanon.png [View same] [iqdb] [saucenao] [google]
24416405

>>24414917
remember never listen to shiff.
goldanon in pic related sold his stack before the great golden bullrun. rumour is he still hangs around here on /biz/ trying to fud crypto cause hes salty he sold his ticket.

>> No.24416445

>>24414917
I have a feeling a lot of these (((people))) will be forced to put their wealth into BTC and at the same time dump some of their hoarded Gold. Meaning Gold will never really moon but will be kept somewhat stable.

>> No.24416536

>>24416405
fuck I totally forgot about those terrible ads lol

>> No.24416619

>>24414917
Ahh, yes, The Guggenheim, /biz/, Dark net drug dealers, and east european gopniks are in a conspiracy to pump and dump bitcoin all to fleece mr and mrs. GOLDstein.

Got it. Can we just ban (((Schiff))) posters?

>> No.24416622

>X resource gets found in space
>price gets utterly demolished
Lmao

>> No.24416687
File: 139 KB, 800x1200, schifflol.jpg [View same] [iqdb] [saucenao] [google]
24416687

>> No.24416803
File: 88 KB, 1080x470, IMG_20201130_184242.jpg [View same] [iqdb] [saucenao] [google]
24416803

Pete is losing his shit in real time on Twitter now
https://www.twitter.com/PeterSchiff

>> No.24416824

>>24416803
PETER NO

>> No.24416832

>>24416405
Schiff destroyed Pomp in that debate. Look Schiff is right 100%, and if you're one of those guys who are "never fucking selling", then youre going to ride the roller coaster all the way back down to the bottom. If you buy low and sell high and make a profit on this scam then you're a hot shot. Good for you. Not mad at all about it.

>> No.24416851
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24416851

>>24416803
hahahahahahahaha oh nonononoon he is sperging hard.
LMAO this is low i expected better of him , even if holders get killed that just reduce the supply which is bullish for bitcoin.

>> No.24416859

>>24416803
Am I the only one who thinks this gold/bitcoin rivalry is retarded, gold is 40x higher than Bitcoin in marketcap so the comparisons of price per ounce is irrelevant, and there is more than enough trash fiat in the world to be burned for BOTH Gold and BTC to prosper.

>> No.24416892
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24416892

>>24416687
>whose advice do you want to follow?
millionaires neets perhaps

>> No.24416900

>>24415482
No answers to this?

>> No.24416929
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24416929

>>24416859
it is retarded and there is no rivalry but goldcucks get hostile against bitcoin or not even research it.

Even sites like zerohedge are full of gold boomers attacking bitcoin or saying it was created by the banks or the keynsians lmao.

They feel really attacked by bitcoin for some reason.

>> No.24416954

>>24416851
Empirically based

>> No.24417038

>>24416859
This, it's only low iq brainlets who let muh left right coke Pepsi xbox playstation tribal mentality bleed into everything

>> No.24417060

>>24414982
yeah can't stop talking about it.

>> No.24417126

>>24414917
Wait i thought the jews torpedoed Guggenheim on the Titanic, how can he buy bitcoin?

>> No.24417140

>>24416929
>They feel really attacked by bitcoin for some reason
They know that if they are wrong about Bitcoin, Gold is worthless. That's why they are afraid and get emotional in these arguments. Bitcoin holders know it's a bet and only the future will tell wether they are right or wrong. Goldcucks cannot afford to lose this bet on the other hand. They've been missing out on so many gains and good investments (not just Bitcoin, but stocks, real estate, venture capital etc etc) with the bet that Fiat will one day collapse and them putting all their life savings into gold will one day make them rich so the thought of some newly invented made up coin doing all that for people who didn't sacrifice anything at all while they get dumped on makes them boil deep down to their core.
Can you imagine? 50 years of prophecied Fiat collapse and the only remedy was supposed to be Gold and then a bunch of nerds invent internet money and take away all the money that was supposed to go to you? I'd be pissed too

>> No.24417147

>>24416832
kek he still doesnt understand why crypto has value.

>> No.24417207

>>24416929
No, ponzi scammers pretend to be victims, 95% is owned by 2% of users. Nobody explained how to protect from legal issues, miners will follow the law.

>> No.24417243

>>24416378
>the fuck is GBTC?
Buying BTC through Grayscale. It's a way for institutions to get in through a custodian

>> No.24417246
File: 152 KB, 726x794, IMG_20201130_185737.jpg [View same] [iqdb] [saucenao] [google]
24417246

Lol, he actually replied to me. Pete is seething HARD. If you guys wanna have fun with him, now is the best time.

>> No.24417273

>>24415479
If only you could see how much on an impact decentralized exchange will really have on the world.

>> No.24417303

>>24414917
It kinda sucks because I actually really liked when Schiff went down to the Occupy Wall Street crowd and was trying to explain that the Federal Reserve was the real problem and that the suggestions put forth by the Bernanke types wouldnt have really prevented the 08 crash

>> No.24417307

>>24414917
Kek he's the biggest troll. Guaranteed he owns more BTC than anyone on biz.

>> No.24417311

>>24414917
>Guggenheim
>Help pumpers
Shiff lost it finally. Should khs asap he doesnt want to be remembered as a twitter sperg

>> No.24417310

>>24417147
Please educate us.

>> No.24417322

>>24414982
>>24414996
He gets publicity from btc maxis who are always eager to defend their idol like the fanatics they are

>> No.24417348
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24417348

>>24417207
what a fucking retard , big wallets are exchange wallets and of their clients and 95% is not owned by 2%.

As for miners get the fuck out of here with that retardation , binance could not even reverse their own hack and miners are irrelevant as long as nodes tell them to fuck off.

>> No.24417363

>>24415292
goldcuck is just a failure

>> No.24417378
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24417378

BTC and API3, those are my 2021 holds for maximum comfiness.

>> No.24417384

>>24414996
BTC threatens gold. He runs a gold investment firm.

>> No.24417443

>>24417307
This.

>> No.24417468

You guys all know fraud will be uncovered, markets will melt-down, Gold will surge again from emergency stimulus, and banks will successfully lobby governments to heavily regulate if not outright ban Bitcoin yes?

>> No.24417469

>>24416687
lfmao my fucking sides

this can't be real

>> No.24417526

>>24417468
You can't ban Bitcoin

>> No.24417650

>>24417526
You can prepackage mainstream software and hardware with built-in spyware, they already do it.

If a normie isn't smart enough to use alternatives like linx and build their own computers using third party parts, then they'll never be smart enough to actively use Bitcoin beyond the level of convenience the government and banks allow them.

>> No.24417837
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24417837

>>24417348
About 2% of accounts control 95% of all Bitcoin.

A further breakdown shows that whales own 92.4% of the 2%, while crypto exchanges account for nearly 7%, Flipside found.

https://www.bloomberg.com/news/articles/2020-11-18/bitcoin-whales-ownership-concentration-is-rising-during-rally

Its ponzi scam and you know it.

https://youtu.be/jAIOXtDL7Iw

>> No.24417956
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24417956

>>24414917
Seething

>> No.24417978
File: 73 KB, 680x529, unpleasant.jpg [View same] [iqdb] [saucenao] [google]
24417978

>>24417348
>miners are irrelevant as long as nodes tell them to fuck off

Lol! Read the whitepaper you fucking retard. Miners enforce the rules.

>> No.24418015

>>24417837
Just go to a wallet scanner and see the wealth distribution you are talking bullshit

>> No.24418027

>>24416687
Peter actually is Satoshi.

>> No.24418092

>>24418015
You didnt even read the article.

That is what Flipside Crypto Inc researchers just did with their blockchain analyzing tools.

>> No.24418229

He is simply using BTC to gain more twitter followers

>> No.24418241

>>24417140
This

>> No.24418333

>>24417140
evolve or die, if they can’t adapt it’s simply natural selection. beautiful thing really

>> No.24418369

>>24418241
(((They))) want plebs to think gold is worthless.

>> No.24418376

>>24417140
Fuck boomers lol

>> No.24418377
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24418377

>>24417140
kek nothing personal boomer

>> No.24418452
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24418452

>>24418333
So your saying btc is pinnacle of natural selection? You can replace code, but not elements.

>> No.24418476

Who /pumpers/ here?

>> No.24418579
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24418579

>>24418452

>> No.24418717

>>24417140
I feel bad for gold holders in a way but a majority of them are boomers, and they are only hedging the USD using gold instead of crypto and SEETHING as they get left behind by the kids, like you describe. My point is, other than their smol pee pee gold stack they are people who have contributed just as every other boomer to the future generations' troubles with all other markets. Gold holders might be the smarter boomers, can you blame them- bitcoin didn't exist, how could they have known? The smartest of the smartest adapted, but in truth, they are still hedging against the consequences of their own behavior. Everyone is. Every boomer, x'er, millenial, and zoomer who knows anything about anything is combating the effects of the boomer generation almost exclusively so if some trend-sensitive boomers missed out on the successor of gold due to being pack-rat DINOSAURS then too bad lol. So close, right idea, just too old. Too bad.

>> No.24418753

>>24418369
gold is not worthless its just been roughly 1500-1900$ the past 8 years.

gold bullion used car salesmen have been crying wolf about gold going to 10k per oz and silver going to 5k an oz next year since 2012.

not only that they also been crying wolf with all sorts of charts on debt, money printing, and other criminal stuff that is happening on wallstreet that will bring the whole world to a massive economic collapse that will cause the whole power grid to go black, cause atms to stop giving out cash, food supply chains to not bring any food into urban centers, and the whole globe to look much like 10x worse than venezuela, so you better hurry and buy gold because it will be your only way to survive and be the greatest wealth transfer in history.

so now fast forward to 2020, and none of these jerkoffs would have been bright enough to call for the plandemic we are experiencing, and if they did, you are seeing quite the opposite of what they called for, mass stimulus not mass homelessness. even real estate is still going higher even though mass unemployment numbers.

people like peter shiff and doug casey have called for peak oil which was something like 400$ a barrel. yet the reality is that we seen oil actually go to -45$ dollars a barrel. these guys dont know shit

>> No.24418792

>>24414917
What is wrong with this lunatic. Holly shit, such brain damage.

>> No.24418884

>>24418792
hes crossing his fingers that they actually dont buy bitcoin without even putting logic to the table that they wouldnt even announce this shit unless they probably been accumulating in advance.

>> No.24419109
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24419109

>>24416803

>> No.24419188

>>24416803
lol, being married to your pet rocks is very dangerous type of bias

>> No.24419205

The reality is both BTC and gold will do well in this inflationary environment. Gold is probably safer but you can make more money with BTC

>> No.24419294

>>24414917
I would drink a beer with Schiff.
He is without a doubt indifferent to Bitcoin and could care less but only tweets to build his brand by being controversial.

>> No.24419312
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24419312

>>24416803
beautiful

>> No.24419522
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24419522

>>24415482
>>24415479
>>24415351
fork? kyc? all you need is monero. it is already regulatory compliant. kraken is a us bank and has custody for it. ignore the OMG BAN FUD!!! IRS!!!
all you need is monero, fren

>> No.24419929
File: 48 KB, 581x265, schiff.png [View same] [iqdb] [saucenao] [google]
24419929

someone make a collage of all his tweets. It will be glorious in the coming months.

>> No.24419968
File: 60 KB, 605x309, schiffy.png [View same] [iqdb] [saucenao] [google]
24419968

>> No.24420367

>>24417650
CIA created bitcoin. It’s completely transparent and not private at all. As soon as your identity is attached to your wallet it’s over. Everything you spend and receive is recorded in real time. IRS will love BTC. Nobody will be able to escape the tax man and Uncle Sam with blockchain anymore. They aren’t going to ban that would be dumb, they will embrace it as this was the plan all along. We are living in biblical times

>> No.24420506

>>24420367
You know you can just create a wallet without any identity attached to it right?

>> No.24420547

>>24419205
Based and Holdingbothpilled

>> No.24420658

>>24419929
This is objectively true though

>> No.24420795

>>24420367
you can get out of paying capital gains, its not easy, move to puerto rico

>> No.24420862

>>24420367
invest in meds

>> No.24420975

>>24417243
i would never buy gbtc you can't ever withdraw your bitcoins it's bullshit