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/biz/ - Business & Finance

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50085162 No.50085162 [Reply] [Original]

He's betting an entire country's future on it, so why aren't you with your future?

>> No.50085185

>>50085162
Bitcoin will outlive EU

>> No.50085195

>>50085162
Based el presidente

>> No.50085196
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50085196

I'm not fucking suicidal yet
not yet but soon kek

>> No.50085210

>>50085162
>an entire country's future on it
No he isn't

>> No.50085229
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50085229

>>50085162
>He's betting an entire country's future on it, so why aren't you with your future?
Because I did my homework, unlike him and the Rocket Scientist Saylor.

>> No.50085265

If they have the means for it, they should definitely be buying to lower their average price.

>> No.50085270

>>50085162
Just wait until he sells it all for beans and cocaine.

>> No.50085273

>>50085162
damn he spent the entire years budget

>> No.50085638

What index does he use to buy?

>> No.50085763

>>50085273
Kek the monthly budget for third world countries is on the millions newfag a few thou is nothing

>> No.50085782
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50085782

>>50085162
he's only using around 2% of the government's budget. honestly he doesn't give a shit about bitcoin it's just a marketing gimmick for the country so the media and public won't focus so much on the murders and corruption. i think it's working pretty well because more than half of the news that comes out about el salvador is all about bitcoin/crypto. bukele came from a marketing firm so i'm sure this was his intention.

>> No.50086086

>next bullrun comes around
>he actually hodl and dcad
>all third world countries start pilling in
Bless these retards

>> No.50086249

0.5% of gdp

>> No.50086292

>>50085782
That's honestly the single best thing he could do for his country. Now everyone is talking about their economic bet, not their massive homicide rate and gang violence.

>> No.50087862

>>50086086
kek we're gonna get dump on a bunch of third world corrupt governments that are fomoing at 100k because the news headlines will blast 500k price targets

>> No.50088109

>>50085162
>buys 420 at 60k (25 mil)
>buys 500 at 30k (15 mil)
>buys fucking EIGHT ZERO btc at 19k (1.5 mil)
its over, isnt it?

>> No.50088126

>>50085763
Retard alert

>> No.50088131

>>50085782
This. It’s a gimmick to instantly make the country out to be high tech and pro investor. And it worked. How many of you thought about El Salvador before?

>> No.50088240

>>50085162
Why buy at a 70% discount when I can buy at a 98% discount?

>> No.50088312

>>50085162
If I can bet for my future using your money, I'd do it too

>> No.50088333

It might take many years but he will win.

>> No.50088348

>>50085162
He's in with literally ms13 and using Bitcoin to distract all the shit that's being dug up of him getting bribed by them.

>> No.50088384

>>50088109
This, it's barely going to bring his terrible average down. This move shows weakness.

>> No.50088712

Is this a bearish signal? We are not at capitulation yet

>> No.50088864
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50088864

>>50085162
Because i already bet constantly on vinu, that's how i made my first 6 figures

>> No.50088995

>>50086292
it's the best thing he could have done for himself as well. he's corrupt as fuck and is literal paying gangs to stop killing on certain days so he can brag about having low murder rate and being hard on gangs. to the world he's seen as this cool and progressive leader all bc he spends some money on bitcoin lmao. he's a fucking joke but what 3rd world country leader isn't.

>> No.50089019

>>50088333
Those digits confirm el slurpador will be 1st world after reset

>> No.50089152
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50089152

>>50085162
I KNEEL

>> No.50089494

>>50085162
honestly even if the money goes towards bribes and corruption et al it's still prob the best way for that shithole to use whatever money they have

>> No.50089505

>>50085162
>DCAing a fucking country's funds
The balls on this guy

>> No.50089513

>>50085196
This bitch has yellow cheese for teeth

>> No.50089532

>>50088109
Its funny, saylor did the same thing, they pretend to buy the dip but actually just buy scrapes, theyre certainly unsure about the future in contrast to full bull mode when they bought large bags


Not wrong though, dca down

>> No.50089534

What happens when an entire country gets liq’d

>> No.50089571

>>50089534
ftx buys it

>> No.50089837

>>50085162
hey leave me alone, I'm already doing enough with risking the money that my parents gave away in vinu

>> No.50091147

>>50085638
This, I don't recognize that UI

>> No.50091181

>>50085162
This guy is fucking awesome

>> No.50091259

>>50085162
Fucking legend

>> No.50091330

>>50085162
>ledger space worth $100 just a couple years ago
>nothing changes except people FOMOing in
>now worth $19,000
>it's "cheap"
How can people be this retarded?

>> No.50091481

>>50089019
>el slurpador
My fucking sides anon holy kek

>> No.50091571

>>50091481
Fucking summerfags are here

>> No.50091603

>>50085162
Him and Saylor are the only people buying right now. Both are coping bagholders, which is a proof about the sorry state of the crypto markets.

>> No.50091621
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50091621

>>50085162
Based el Retardor
I kneel

>> No.50091786

>>50089532
>>50091603
Who the fuck even is Saylor and why does /biz/ keep making threads about him? Sure he owns "Micro Strategy" whatever the fuck that is, but why does it matter that his company owns some cryptocurrency? In what way was he significant beforehand or what did he actually contribute to the crypto industry?

>> No.50091815

>>50091786
get off my board

>> No.50091854

>>50091786
Michael Saylor is a prolific figure in the dotcom bubble. He has lore that runs deep in finance.

>> No.50091855

>>50088131
I hate all the immigrants from that shithole who keep coming here.

>> No.50091883

>>50087862
Truely the best timeline, but honestly a lot of these shitty countries are better off buying crypto, 200% inflation/year is hardcore

>> No.50091926

>>50091815
Nigga I've been here off and on ever since the sticky had moot's face instead of Hiro's.
>>50091854
He was involved with the dotcom crash? Well that's just hilarious how he's involving himself with crypto now. Same shit, different generation.

>> No.50091956

>>50088131
>How many of you thought about El Salvador before?
Perhaps you aren’t aware of how many of them fucked off to the US

>> No.50091974

>>50085162
i am, but it will go lower

>> No.50091984

>>50091926
>I've been here off and on ever since the sticky had moot's face instead of Hiro's.
So what, two or three years?

>> No.50092027

>>50089571
HEH

>> No.50092051

>>50085162
How do they pay for the shitcoins? Dollarinos? Where do they get them from?

>> No.50092111
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50092111

Short signal.
Bottom will come when everybody has lost hope in Bitcoin.
Moonboys are still as loud and obnoxious at $19k as they were at $69k.They need to be flushed out of the market for good before we can pump again.
See you at $7200ish.

>> No.50092122

>>50091984
>>50091984
Dude, moot's been dead for almost a decade now. Time's moving faster than you think.

>> No.50093997

>>50085782
It also gives people a method to bypass remittance fees, which is a giant chunk of their income.

>> No.50094036

The President is down 80% on his original investment he didn't have a choice. El Salvador is now officially a diamond hands nation

>> No.50094408

>>50091330
>>ledger space worth $100 just a couple years ago
What are you bleating about?? Transactions are typically three to seven cents per.

>> No.50094434

>>50091854
>>50091926
Saylor's company got sued like everyone else's did. He didn't do anything wrong, he just thought the market would keep growing, same as everyone else did.

>> No.50094437

I don't gamble

>> No.50094467

>>50094437
Neither do I. I bought BTC in 2014-2016 when it was between $600 to $200 to $700. My average is $300. Sucks to be newfags I guess.

>> No.50094518

imagine thinking that el salvador and microstrategy buying 200 btc here and 80 btc there expresses confidence
these are just pr stunts to pretend like they have confidence at these price levels
they don't
otherwise they'd be buying a lot more

>> No.50094556

>1.6 million shekels
>an entire country's future

>> No.50095453

didnt he say it doesnt make a dent in their funds though?

>> No.50096252
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50096252

>>50085162
I am. BTC in bulk, stablecoins like USDC staking on SPOOL. Yield generators like AAVE

>> No.50097299

>>50085229
>but I can't tell the super seeker thingy!

>> No.50097731

My father could kill my if I lose his money

>> No.50097801

>>50085162
I value my future a lot higher than the future of fucking El Salvador LMAO

>> No.50098195

>>50085162
He will swing from a tree and his entire family will be slaughtered in front of him. People are starting to realise crypto was and still is the biggest ponzischeme to have ever existed and it's all biz fault !

>> No.50099117

Why has Syscon chosen to remain Proof of work while so many industries are focusing on transitioning towards Proof of Stake? Most importantly our approach allows us to be the most secure blockchain after bitcoin.