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

/biz/ - Business & Finance

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24848936 No.24848936 [Reply] [Original]

>yep, this is completely normal behavior for a currency! Let's buy more! They say it might go to 100k!

>> No.24848966

>>24848936
Best not to think on it too hard, it is what it is.

>> No.24848973

>>24848936
C

>> No.24848979

it's not a currency
it's le store of value aka ponzi

>> No.24848994

>>24848973
O

>> No.24849007

>>24848936
Dumb bitch still trying to use outdated trend analysis for crypto

>> No.24849009

>>24848966
>it is what it is.
truly the most high iq complex technical analysis

>> No.24849017

>>24848936
>I would totally rather hold on to my depreciating government issued paper!
>What's hyperinflation?
>The dollar will never collapse!

>> No.24849019

It is completely normal behaviour for a fixed supply asset that is taking its first steps into global adoption. It's even more normal when you look at the money supply charts for the fiat currencies you probably think is 'real money'. But no, buy all means, sell because "it HAS to correct."

>> No.24849023

>>24848994
P

>> No.24849029

>>24848936
Thats what hype culture of this era looks like.

>> No.24849028

>>24848936
hahahahhahahahaha someone's salty

>> No.24849046

>>24848936
>it must go down forever!

>> No.24849047
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24849047

>>24848936
>yep, this is completely normal behavior for a currency! Let's buy more! They say it might go to 0!

tradingview.com/symbols/TVC-DXY/

>> No.24849054

OP is a gay bear who holds alts

>> No.24849061

>>24848936
>markets can stay irrational longer than you can stay solvent
>t boomer faggot

>> No.24849078

>>24848936
>USD printed just THIS year is roughly 35% of total dollars in existance.

oh i WONDER why the USD price of stocks and btc are at an ATH.

brainlets

>> No.24849082

>>24848936
>>24848936

Buying just before it bursts out through a previous top from 2 years ago is actually not that bad of an idea.

I am all in but I am considering putting in some leverage as well.

OP probably is some dumb underage troll with less than 10k usd.

>> No.24849095

>>24848936
It will go to a million

100 million in 2300, bitcoin having a significant historical value as the first digital currency in the world

>> No.24849105

>>24849023
E

>> No.24849108

>>24849023
E

>> No.24849127

>>24849095
by 2300 dollar value will be as irrelevant as the tobacco to seashell ratio from the 1500s is now

>> No.24849129

>>24849009
is it not?

>> No.24849130

>>24848936
>also doesn’t know ccp democrats will pay huge stimulus so people get paid to stay home
>giving retards money will fix everything
>implying people can stay home forever
>implying the economy can be switched on like a lightbulb
>implying sucking government dick is good

just look at New York to see how fucked up democrats are

>> No.24849134

Base tokens is $0.80 and fucking rebase will rise it even stronger, who is in? All threads are in this shilling

>> No.24849142

>>24848936
>currency
It's digital gold, retard. A store of value.

>> No.24849164

>>24849019
BITCOIN IS NOT A FUCKING CURRENCY
IT'S FUCKING GARBAGE

>> No.24849175

>>24848979
>aka ponzi
google
rembrant painting
120M manhattan condo
gold
etcc....etcc....

the fact remains you are repulsively poor caused by shit genetics.

>> No.24849184
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24849184

>>24849142
>>24849164

>> No.24849188
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24849188

>>24849164

>> No.24849206

Since when does crypto make sense? It’s literally the Wild West of investing, anything can happen.

>> No.24849215
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24849215

>>24848936
Nocoiners coming to /biz/ seething like clockwork. Yep we are in bullseason.

>> No.24849224

>>24848936
This isn’t a currency

>> No.24849249

>>24849215
>Nocoiners
their official name is: Klaus Kampers

>> No.24849270

>>24849224
see >>24849184

>> No.24849301

>>24849175
>Google is a company delivering real products with real use cases
>Painting is one of a kind and a physical asset that cannot be replicated
>Condo is a physical asset that has actual real world use
>Gold is a world standard physical currency that again has a limited availability

So this is the power of the bullcuck...

>> No.24849336

>>24849301
>thinks hes gonna trade paintings, in reality he gets shot and robbed.
>thinks he gonna trade gold, in reality shot and robbed.
You're too retarded to understand. Just buy my bags at 300k.

>> No.24849349

>>24848936
It is not about bitcoin, it is about USD and euro. Too many cannot see the cause, but only consequence.

>> No.24849353

>>24849164
What makes bitcoin bot qualify as a currency but fuar does? Is it that fiat backed by a gov? Cause with all these institutions hoping on crypto...
Stay poor

>> No.24849375
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24849375

>>24849164
>>24849188

>> No.24849387

>>24849336
You are a third worlder

>> No.24849397

>>24849301
You need to read up on your behavioural economics and think hard about what a currency is or what people are willing to use to trade.

>> No.24849431

>>24849397
Don't need to do any of that tho
I just need to take a good hard look at life
Why would anyone use bitcoin instead of a state backed, state controlled alternative that costs nothing for them to make, they have full control over and can track without any problems making tax evasion by goys impossible

>> No.24849541

>>24849301
>someone buys GOOG
>receives 0 dividends for 10 years
>hopes to sell it to someone else for a higher price
BITCOIN IS A PONZI!!!!

again you are poor because your parents have shit genetics and you were meant to be in the position you are in. there is no use fighting it. just take the vaccine.

>> No.24849588

>>24849541
You are clearly underage
Sell signal

>> No.24849601

>>24849588
He is right, keep coping

>> No.24849629

>>24849601
Great argument
Keep posting buzzwords anon you will fit right in with nu/biz/

>> No.24849634

>>24849130

New Yorker here been using unemployment checks since March to buy crypto and will still be collecting unemployment checks until next summer cope and seethe

>> No.24849645

>>24849009
>technical analysis
>IQ

>> No.24849692

>>24849588
>>24849601
>>24849541
you fucking idiots, everything is a pyramid scheme. you just have to pick the best one. Fiat is not the best one. Crypto is the better pyramid

>> No.24849730

>>24848936
Tether printed 200 million yesterday. What did you expect?

>> No.24849766

>>24849730
FED printed a few trillion this year.
so did the ECB.

tether is a joke.

>> No.24849824

>>24849766
USD is a real currency backed by the military it cannot fail
If it did you would probably die and so would 1/3rd of the western world

>> No.24849850

>>24849824
MUH GUNS MUH AMERIMUTT GUNS AND MILITARY POWER.

seethe and cope.

>> No.24849864

>>24849629
Bitcoin has lower inflation than fiat & gold, look at this shit and tell me how can bitcoin not be going up.

https://fred.stlouisfed.org/series/M1

The only shocking thing is that they managed to supress gold & silver prices for decades without boomers realizing it.

>> No.24849889

>>24848936
Chart looks like a textbook bubble. Textbook SCAM with no usecases. Bad currency and bad store of value.

>> No.24849893
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24849893

>>24849824
Rome had the biggest armies , ironically to support their military industrial complex they went on hyperinflation and in order to keep the "inner party" happy they inflated the denarius to shit.

https://www.youtube.com/watch?v=5YeEGcrinSM

>> No.24849919
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24849919

>>24848936
Number go up.

>> No.24849921
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24849921

>>24848966
>Best not to think on it too hard, it is what it is.
Honestly the only solid advice I've read here in ages.

>> No.24849923

>>24849889
Lower inflation than gold and fiat , and can be sent anywhere with a 1 usd fee.

KEEP COPING FAGGOT.

>> No.24849935

>>24849019
it will never be mass adopted u moron. It has no attractive usecase besides gambling. It will be put under gambling laws eventually. Having a fixed supply is a SCAM. Supply cap is the biggest scam ever but you low IQ niggers can´t see it.
Everything with a fixed supply is a SCAM

>> No.24849957

>>24849850
Buzzwords

>> No.24849960

>ponzi
Please learn the fucking definition of this word.
Bitconnect was a ponzi. We had also several eth based ponzis.

Crypto in general is just speculation, the first ones are most likely already out and set for the rest of their lives.

>> No.24849968

>>24849095
by 2300, there will be NO BTC left in circulation. Or close to none. This proves that it is a scam you moron

>> No.24849980

>>24849957
stay poor.

>> No.24849985
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24849985

>>24849935
hahahahaha average transactio is now what 150k usd?

>IT WILL NEVER BE ADOPTED

lmao we reached more marketcap on bitcoin than some g20 nations currencies at this point.
Nobody tells retards like you about holding bitcoin because it's precisely to get communist parasites and keynsian degenerates away.

Warren Buffet is right that it's rat poision, that's why rats like keynsians hate it.

>> No.24850012

>>24848936
I'm not saying it will but people said the exact same thing when BTC was $100 and $10k was the goal

>> No.24850043

>>24849864
bitcoinn will eventually be deflationary, which proves it is a scam. Eventually ALL BTC will be lost forever and the network rendered useless. It´s a temporary scam to make money on. Greater fool theory and bubble theory. Textbook

>> No.24850087

>>24849985
you didnt even try to defeat my argument that every crypto that has a supply cap is a scam by definition. Bitcoin is only adopted because of greater fools buying it, thats where the value comes from

>> No.24850092

Get ready for the big big crash to 3k! I just sold everything and am shorting with leverage

>> No.24850144

>>24850087
No bitcoin is adopted because it's safer than a bank , can be moved anywhere and it's not inflated by governments plus is not confiscated or suffers from civil forfeiture.

>>24850043
Bitcoin will be deflationary in 2145 by then the creators will be long gone well mayb hal finey is resurrected from his cryogenic pod.

>> No.24850711

>>24850087
hold your euros and dollars and STAY POOR.

>> No.24850736

HOW MAD ARE YOU, OP? LOOOOOOOOOOOL GET REKT BOBO

>> No.24850777

>>24848936
CAnt wait for this shit to crash you stupid fucking autists were going to nothing faggots

>> No.24850804

>>24850777
You are right you can't wait , that's why you are seething so much.

>> No.24850840

>>24848936
>currency

it will never be a currency

its and asset, accept it

>> No.24850901

>>24850777
>SEEEEEETHING
reality sets in for priced out homos

>> No.24850920

>>24848936
SAY IT WITH ME

PRISTINE
COLLATERAL

>> No.24850937

>>24850777
seethe and cope

>> No.24850960
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24850960

>>24848936

>> No.24851006

>>24849301
All 4 of those things are true for crypto as well.

>> No.24851369

>>24849923
And you need to give your ID to get it unless you work for the one in a million employers who will pay in btc. And the government can track all your transactions.

>> No.24851756

>>24851369
>What is p2p exchange
>He never traded bitcoin for cash

>> No.24851790

>>24850087
LOL looks like you really enjoy inflation huh

>> No.24852095
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24852095

>>24849824
>backed by the military

>> No.24852138

>>24849935

unbelievable cope

what use case does gold have?

>> No.24852191

>>24849301

All that matters for something to be a store of value is that society agrees it is. This goes for your paintings or your gold. Same goes for BTC

>> No.24852296

john mcafee warned you and you didn't believe

>> No.24852304

>>24850087
that is why you can never sell or the cult will be angry because the prophecy will not come true. Only buy never sell and we can go to infinity and beyond baby!