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/biz/ - Business & Finance

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File: 19 KB, 346x346, Peter-Schiff.jpg [View same] [iqdb] [saucenao] [google]
24876930 No.24876930 [Reply] [Original]

Imagine being this dude right now

>> No.24876976

the eternal BOOMER

>> No.24876990

>>24876930
>public pretends like he hates bitcorn
>gets money from boomer rock tards
>gives money to his son to buy bitcorn as proxy
>best of both worlds
smart

>> No.24877010

>>24876990
this. he's one of the best exposures for bitcoin.

>> No.24877106

Worth 70 million with a successful investment company cute younger wife living in tax haven Puerto Rico. Yeah I bet he wishes he could swap his life with OP living with his mom.

>> No.24877247

>extremely successful business man
>worth ~100mil in gold and stocks
>manages ~$300m more
>got 1 BTC as a present
>accepts BTC as payment on his website
>his son/protege has been stacking BTC
I think he's going to be just fine. He's extremely hedged for what is about to happen.

>> No.24877260

He's starting a recruiting service to try and bring in new talent. It's called Schiff for Brains.

>> No.24877263

>>24877247
>>24877106
Seething /pmg/ boomers

>> No.24877289
File: 430 KB, 747x756, Screenshot (737).png [View same] [iqdb] [saucenao] [google]
24877289

>>24876930
metal boomers are getting cuckholded by bitcoin+ the mainstream media coverage today

>> No.24877382
File: 196 KB, 1231x924, Screenshot (727).png [View same] [iqdb] [saucenao] [google]
24877382

>>24877289
>Earlier this month, Ray Dalio, the legendary billionaire founder and co-chairman of the world's biggest hedge fund, Bridgewater Associates, admitted bitcoin's now established itself as a "gold-like asset alternative."

>> No.24877419

>>24876930
Peter tongues my anus

>> No.24877470
File: 511 KB, 1072x824, Screenshot (729).png [View same] [iqdb] [saucenao] [google]
24877470

>>24877382
>“We see this as a small but potent insurance policy against the continuing devaluation of the world’s major currencies,” the company said.

>“Bitcoin diversifies the company’s (much larger) investments in gold and inflation-linked bonds, and acts as a hedge to some of the monetary and market risks that we see.”

Talking about diversifying out of gold into bitcoin

>> No.24877488

>>24877106
B-B-BASED

>> No.24877532
File: 607 KB, 796x826, Screenshot (731).png [View same] [iqdb] [saucenao] [google]
24877532

>>24877470
>So far this year in 2020, bitcoins are up over 180%, while the Dow Jones Industrial Average DJIA, -0.15%, by comparison, is up 5.8% so far this year, the S&P 500 index SPX, +0.18% has gained 14.4% over the same period and the Nasdaq Composite Index COMP, +0.50% has advanced over 40% in the year to date. Gold, considered one of bitcoins biggest traditional asset rivals by some, has climbed 22% thus far this year amid the COVID-19 pandemic.

ooouuuff rock boomers this hurts... more and more normies and big money investors are being exposed to this comparison...

>> No.24877558
File: 124 KB, 747x508, 37F22896-AB34-4FAE-9826-2C836FE2F495.jpg [View same] [iqdb] [saucenao] [google]
24877558

>>24876930

>hi this is Peter schiff would you like to purchase some Gold?

>> No.24877596
File: 8 KB, 600x497, 1492830161746.png [View same] [iqdb] [saucenao] [google]
24877596

>>24876930
You are getting scammed out of real wealth in favor of worthless meme digishit and you are so dumb you think you are smart for being an absolute retard, while mocking the ones with an actual brain. That's a big yikes for me.

>> No.24877612

>>24877596
cope

>> No.24877730
File: 31 KB, 409x409, 1546437198085.jpg [View same] [iqdb] [saucenao] [google]
24877730

>>24877612
No, YOU are the ones coping, deep down you know you are absolutely messing up. Btc is completely worthless, i know it, you know it, everybody knows it. Only greed make you think you are doing something 'logical'. If it was not for tether QEing the way up, btc would already be worthless.
You are about to get rugpulled so hard you'll all kys on a scale never witnessed before.

>> No.24877760

>>24877730
cope

>> No.24877790

>>24877760
seethe

>> No.24877822
File: 478 KB, 916x802, Screenshot (734).png [View same] [iqdb] [saucenao] [google]
24877822

>>24877596
>>24877730
You're just trotting out intrinsic value theory again which is blatant nonsense and one of the most egregious forms of cope posting on this board

>> No.24877924
File: 122 KB, 654x755, Screenshot (742).png [View same] [iqdb] [saucenao] [google]
24877924

>> No.24877983

>>24877596
>>24877730
Based and goldIDpilled

>> No.24878222

>>24877106
true, he's also getting massive exposure for his pm business and secretly accumulating BTC. dumb goyim are promoting and enriching him

>> No.24878315

>>24877730
>can send money p2p anywhere around the world
>>worthless

So why companies that try to emulate cryoto like sq, aapl, swipe, tbtf banks, etc are worth literally trillions? You won’t understand what I’m saying but maybe someone else who reads it will: what corporations did to agriculture/landowners during the civil war p2p/ automation will do to corporations. Humans win. Corporations/bureaucracy loses. The great renaissance occurs. Stupid boomers like buffet and gates will pay severely and be hunted like animals. Their wealth will be taken from them and used for liquidity pools, and their families will watch helplessly.

>> No.24878571

I'm convinced Schiff any 'pmg bulls' are just trolls at this point. Anyone with any intelligence would realize after 10 years of being wrong it's time to change their thesis.

>> No.24878586

>>24876930
What? A successful CEO with a high networth and a happy family? I cannot imagine

>> No.24878662

>>24877730
Based. Anyone with a functioning intuition can tell crypto is a scam. Only severely damaged brains gravitate to crypto shilling

>> No.24878858

>>24878662
This is exactly what I mean. Its almost 2021. There are 1000s of examples of people and companies objectively richer and smarter than anyone on this board investing in crypto. Not just as speculative trading, but for the fundamentals.
Anyone saying 'crypto is a scam' today is either a weak ass troll or an actual dunning-kruger tricked brainlet

>> No.24878943

OH NO NO NO NO

>> No.24878963
File: 506 KB, 1080x2400, Screenshot_2020-12-17-12-39-26-516_com.fusionmedia.investing.jpg [View same] [iqdb] [saucenao] [google]
24878963

OH NO NO NO NO

>> No.24878968

>>24877822
this
value doesn’t exist

>> No.24879043

>>24878571
>>24878858
10 years of manipulated price. The only legit "bullrun" was from a few cents to like $30 because of the silk road.
Afterwards it was manipulated first by Mt.Gox and now Bitfinex with tether masked by some retail fomo.
Also this is 100% speculative trading, no one gives a shit about fundamentals because there aren't any apart from tax evasion and buying illegal shit. If you see the Winklevoss or Michael Saylor saying BTC is the future, they are just marketing it up. It's no different than Schiff shilling gold.

>> No.24879078

His Twitter is just an advertisement platform for his business. He doesn't care If BTC goes up or down nor does he care if Gold goes up or down. He makes money via his business.

>> No.24879121

>>24876930
He definitely has a suicide stack

>> No.24879138

>>24879043
cope

>> No.24879159

>>24879043
This was a cope in 2017. The halving is here.

>> No.24879204

>>24879078
He has a certain amount of followers who buy gold and believe what he says... So according to anons here he's jewing the metal boomers who believe his narratives about bitcoin that Schiff himself does not believe... This is the best /pmg/ can do.

>> No.24879375

>>24879043
I feel bad for you if you truly believe this.
Lets take Saylor. You think he is investing $1B in BTC as a speculative trade? Remember, he needed approval from his board to do this. This represents over 1/3 of the market cap of his company. Microstrategy isn't a hudge fund or investment firm, the board would not have agreed if the plan is to dump in 2021. Now think about what this means the ostensibly rich and smart board members think of BTC.
But nah, your probably know more than them.

>> No.24879592
File: 65 KB, 215x300, TheSchiffHasSailed.png [View same] [iqdb] [saucenao] [google]
24879592

>>24876930
>Imagine being this dude right now

>> No.24879604
File: 11 KB, 112x100, 1606708060858.png [View same] [iqdb] [saucenao] [google]
24879604

>>24877247
Yeah but he got btfo. Sucks to be him!

>> No.24879761

>>24879375
Saylor is a literal criminal who tried tax evasion and lost billions in a day. Also he owns 70% of the company, the board has very little say in what he can do. He basically forced them to use the company's money to buy BTC, most likely to pump his own bags and try to make his company relevant again. Now he doubled down and went into debt to get more BTC. I couldn't think of a worse poster boy

>> No.24879838

>>24879761
>lost billions in a day
fluctuating stock value is not "losing" billions otherwise Elon Musk would have lost hundred of billions if you add all the times his stock went -20%.

>> No.24879987

>>24879761
The cope is unreal. Most of your post is false or misleading, but irrelevant since personal attacks on saylor and his business style are off topic.
He did need board approval for both his treasury purchases and bond issuance.
Both are indications of general approval of, and trust in, btc.
Ask yourself why you felt the need to attack his character and lie instead of address the point? Or choose another one of the thousands of rich and intelligent people/companies investing in BTC as a long term hold if you can't get past saylor.
Or just stay poor

>> No.24880048

>>24876930
Someone told me he's eyeing DMG / the DMM ecosystem. Is it true?