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

/biz/ - Business & Finance


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6948106 No.6948106 [Reply] [Original]

Prepare for the biggest JUSTing in the history of /biz/

https://www.forbes.com/sites/gurufocus/2018/01/25/george-soros-from-davos-bitcoin-is-a-typical-bubble/#3692a01229d0

Unload your bags. It's going down

>> No.6948198

He wants to buy cheap.

>> No.6948203

>>6948106
A bubble doesn't mean something can't be profitable - Ray Dalio

>> No.6948218

>>6948106
Im apparently a brainlet, what does Soros mean by this part
>I expect instead of an abrupt break to have a rather flat top over

>> No.6948232

>>6948106

If Soros is against bitcoin then it must be truly awesome. I don't doubt there may be a "justing" from his comments but in the long run BTC will win. Soros is old and he is scared of bticoin and unable to understand it.

>> No.6948240

what a surprise a bunch of old people dont understand new tech

>> No.6948249

I dont understand why George Soros who is clearly intelligent doesnt understand that you cant print unlimited ETH or BTC. Forking is not the same as printing.

Unless he is intelligent and wants to buy-in low.

>> No.6948252

>>6948232
Soros is against bitcoin but he likes blockchain tech.
>But the blockchain technology can be put to positive use and we use it actually in helping migrants to communicate with their families and to keep their money safe and carry it with themselves.

>> No.6948274
File: 17 KB, 420x410, 1516286494989.jpg [View same] [iqdb] [saucenao] [google]
6948274

>>6948106
>The Jew actively attempting to destroy the West with strong ties to banks and politicians wants to destroy a direct threat to their grip on people's money

Huh, who'd have thought. This decrepit piece of shit needs to die already, how has he not been assassinated yet?

>> No.6948306

>>6948232

Keep telling this to yourself.
He and his friends crashed the Bank of England. I doubt he's worried about bitcoin.
These guys over there in Davos probably already know more

>> No.6948308

HOLY FUCK HE HATES FACEBOOK AND GOOGLE TOO KEK.

>George Soros: Facebook and Google a menace to society
>https://www.theguardian.com/business/2018/jan/25/george-soros-facebook-and-google-are-a-menace-to-society

How can people take him seriously with his tech predictions?

>> No.6948321

>>6948252
> migrants carrying money

We also want them to keep all the money governments give them safe... and keep the remittances they send back to their families safe

>> No.6948330

>>6948198

probably not. Soros is 87 years old. It's unlikely he'll be around much longer. Chances are he's read the articles and been briefed by his friends about how Cryptos are popular with the "alt-right" and these disaffected young men he's been helping to demoralize for years.

He wants to fuck the people that despise him. If his comments can pop bitcoin bubble and people become poor instantly, he gets to chuckle and laugh etc.

But the thing of it is, most of the people with money in bitcoin aren't gonna pull out because of a Soros comment. The people that listen to traditional investors haven't really gotten involved in bitcoin. Maybe they did last year due to the hype, but it's still very nascent.

obligatory btc bubble song https://www.youtube.com/watch?v=KTf5j9LDObk

>> No.6948345

>>6948249
He understands you can't print unlimited bitcoin (ethereum is another matter)
That is why he doesnt like it
He likes things such as Ripple that basically created trillions out of thin air.

>> No.6948380
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6948380

back in my day poor people didnt get rich

>> No.6948402
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6948402

>>6948252
The absolute madman actually said it lmao.

>> No.6948415

>>6948218
It's an S curve, the bubble won't pop just stabilize

>> No.6948454

>>6948106
So the guy that throws billions at antifa thinks getting into crypto is a bad idea? Oh no u guys it's all over! Time to sell all your coins and shut down /biz/

>> No.6948506
File: 26 KB, 520x292, wehrmacht disgust.jpg [View same] [iqdb] [saucenao] [google]
6948506

>>6948252

>> No.6948507

NOCOINERS btfo by george soros. Even George soros thinks nocoiner predictions about the bubble popping are absurd.

>Bitcoin bubble won’t have `sharp break’ says George Soros
>“Normally when you have a parabolic curve, eventually it has a very sharp break,” Soros said Thursday. “But in this case, as long as you have dictatorships on the rise you will have a different ending, because the rulers in those countries will turn to Bitcoin to build a nest egg abroad.”
>https://businesstech.co.za/news/banking/221365/bitcoin-bubble-wont-have-sharp-break-says-george-soros/

>> No.6948695

>>6948106

They just trying to fake fud it at the same time as bitcoin futures ending so they can say the marktet panic sold it into oblivion and they arent the ones manupilating it with there derivatives the fuckin lizard kikes

>> No.6948905
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6948905

>>6948106

>> No.6948919

>>6948330
That fuck will be round for 10 more years at least. Unlimited heart transplants when rich.

>> No.6948934

Soros lost a shitton shorting the Dow last year. Who gives a fuck.

>> No.6948994

>>6948330
>Soros is 87 years old. It's unlikely he'll be around much longer.
nah he'll keep drinking baby blood until the singularity

>> No.6949003

>>6948507

thank you based dictators!

>> No.6949038

He hates BTC because it's decentralized and isn't regulated. He's a jewish banker so ofc he's gonna FUD the shit out of it.

>> No.6949067

>>6948252
Huh it's real, he actually did say that.

>> No.6949078

Soros is just mad he can't pay for any child sacrifices using Bitcoin.

Fuck this guy. The day he expires will be a joyous day.

>> No.6949103

>>6948232
>If Soros is against bitcoin then it must be truly awesome. I don't doubt there may be a "justing" from his comments but in the long run BTC will win. Soros is old and he is scared of bticoin and unable to control it.
ftfy

>> No.6949116

>>6948106
how is he still alive?
I'm pretty sure his face is deceased

>> No.6949175
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6949175

>>6948252
This fucking guy.

>> No.6949251
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6949251

Praise this women, she delievered satoshis vision at the WEF

>> No.6949286 [DELETED] 

Just short it, sell it right now and let the price tank, pick some more up at 8.7k.

Screen cap and send me LTC if it worked!!!

LMLuMjjPWQ9vUrKusHTU7GgUjtw7fyfDmh

>> No.6949376

>"But the blockchain technology can be put to positive use and we use it actually in helping migrants to communicate with their families and to keep their money safe and carry it with themselves."

>> No.6950211

>But the blockchain technology can be put to positive use and we use it actually in helping migrants to communicate with their families and to keep their money safe and carry it with themselves."

jesus fucking christ he is the devil.

>> No.6950349

>>6948106
In his book Soros recommends you taking advantage of bubbles, I wouldn't be surprised if he has a position in BTC.

>> No.6950467

For what it is bitcoin is a bubble.
To bad when it goes down the whole market goes with it.

>> No.6950557

>>6950211

Why isnt anyone killing this fucker?

>> No.6950634

>>6948252
God damn it.

>> No.6950683

>>6950467
It' so frustrating. I don't even fucking care if BTC crashes to 5000. But why do all the alts go in sats value down also? WTF

>> No.6950768

>>6950683
>>6950683
all the alts are pumped up to CHASE bitcoin, and to trade and grow their bitcoin stack.

Why the fuck is shit like Jinn and paypie in the millions?

1000+ alts are going to their original value, zero.


you're an idiot to think these million/billion dollar cap coins hold any value.

>> No.6950793

>>6948252
Hahahahaha I can't help but laugh at this point. This guy just never has enough. I like how he's bullish on BC tech in general, though. Link to the moon.

>> No.6950815

>>6950768
>all the alts are pumped up to CHASE bitcoin, and to trade and grow their bitcoin stack.
Nah a lot are starting to shift to accumulating ETH now.

>> No.6950817

>>6950768
>all the alts are pumped to chase Bitcoin
Yeah, not anymore.

>> No.6950827

>>6948321
He is old, man. Soros can undersatnd very well the old market but not tech.

>> No.6950846

>>6948106
This fat kike needs the noose

>> No.6950874

>>6950683
because BTC still hast the most trading pairs and volume, it's sort of the gold standard of the crypto market. at this point it's just a fully automated process, when BTC makes sharp moves, trading bots receive this info instantly and start dumping within a nanosecond.

>> No.6950879

If you read the quote nothing he says is wrong, and he even acknowledge blockchain has good positive uses.

>> No.6950886

>>6949078
Topkek

>> No.6950910

They are crashing this plane with no survivors. Hope you know how to SWIM.

>> No.6951010

>>6948308
Well he's not wrong

>> No.6951132

>>6948106

I'm sitting here with my yuros in exchange just waiting to make some money on discount coins

>> No.6951502
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6951502

>>6948252
hahah BWHAHAHAHAHAHAH

>> No.6951764
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6951764

>>6948106
>fuds it
>buys the dip
jamie dimon already did this, you autistic dimentia-suffering socialist-pushing communal toilet of a human being who fucks everyone that he possibly can over by shorting their country's currency and then using the money to fund civil unrest groups and purchase media companies to spread his cuck fetish while he develops a messiah complex through doing this
jesus christ if people sell this waste of life their coins at a discount just so that he has extra leverage to fucking short the goddamn thing

>> No.6952184

>>6948507
>because the rulers in those countries will turn to Bitcoin to build a nest egg abroad.

Really Soros? Not the people trying to make something of themselves away from the view of their authoritarian regimes? What the fuck would Dictators be hiding from? Unbelievable level of dishonesty

>> No.6952237

Woooooo nigger wwoooooooo kike woo nigger lkekike gignejxudnabshdjfkdjdjdhsbsjssjbssnsnssjsndbdbdbdhdhshsshshhsdhdhdixocisjshshdhdhdhdhshshshshshshsshahshhashhashshshsh

>> No.6952273

>>6950467
>>6950768
I dunno, I definitely sense ETH becoming a bit of a bigger player as decentralized currency gets mainstream adoption. And something like Link

>> No.6952317

>“Why Bitcoin can’t be a currency” – The Underground Economist | $0.23
>“Why bitcoin will fail” – Apenwarr | $3.12
>“So, That’s the End of Bitcoin Then” – Forbes | $15.15
>“Why Bitcoin Will Fail as a Currency” – The Calculating Investor | $14.01
>“The Bitcoin Is Dying. Whatever.” – Gizmodo Australia | $10.95
>“The Rise and Fall of Bitcoin” – Wired | $2.37
>“Wired, Tired, Expired for 2012: EXPIRED – Bitcoin” – Wired | $13.30
>“Beware of This Insidious New Currency Scam” – Salon | $117.06
>“Game Over, Bitcoin. Where Is The Next Human-based Digital Currency?” – OUI Share | $122.30
>“Bitcoin Sees the Grim Reaper” – NY Mag | $105.70
>“Why Bitcoin will fail” – DailyPaul.com | $105.39
>“The SEC Shows Why Bitcoin Is Doomed” – Bloomberg View | $93.57
>“Bitcoin Is A Joke” – Business Insider | $433.57
>“Bitcoin Will Crash To $10 By Mid-2014” – Business Insider | $887.63
>“An early obituary for bitcoin” – Reuters | $821.79
>"Bitcoin revealed: a Ponzi scheme for redistributing wealth from one libertarian to another” – The Washington Post | $182.00
>“Is this the end of Bitcoin?” – BizNews.com | $228.07
>“Was 2014 The Death March for Bitcoin?” – PYMNTS.com | $315.81
>“Bitcoin is (Nearly) All Dead” – Acton | $325.60
>“Why Bitcoin’s male domination will be its downfall” – Fusion | $235.13
>“Why Apple Pay And Dollars Are Killing Bitcoin” – Forbes | $233.01
>“Performing an Autopsy on the Bitcoin” – The Street | $409.05

>> No.6952338

>“Dumb Investment Of The Week: Bitcoin Investment Trust” – Seeking Alpha | $408.3
>“R.I.P. Bitcoin. It’s time to move on.” – Washington Post | $382.00
>“Bitcoin Refuses to Just Die Already” – Gizomdo | $1185.01
>“Bitcoin passes $1,000 but only number that matters is zero” – Financial Times | $1034.34
>“Bitcoin is a bubble. It will burst on Monday 12 December 2016” – Linkdin | $771.23
>“The Bitcoin Bros Have Lost” – Deal Breaker | $577.58
>“Bitcoins – Are You Kidding Me?” – Seeking Alpha | $1938.7
>“Bitcoin will never be a financial mainstay” – Finance Feeds | $1,184.47
>“What is a Good Price For Bitcoin and Other Cryptocurrencies? Zero.” – Jonathan Harris | $2262.83
>"Stay away from bitcoin — it’s complete garbage” – MarketWatch | $2345.56
>״Why Investors Should Ignore the Cryptocurrency Hype״ – Investopedia | $2,594.21
>“Bitcoin Just Surged Over $4000 and Is Near Biggest Financial Crash in 400 Years” – The Street | $4061.54
>“Gartman: Avoid the bitcoin boom” – CNBC | $4,046.99
>“A Bitcoin Is Worth $4,000–Why You Probably Should Not Own One” – Forbes | $4,179.97
>“Bitcoin’s price hit $5,000 last week. It’s still a dumb investment” – LATimes | $4,363.02
>“Why China Crushed Bitcoin” – Forbes | $4,450.15
>“Virtual Currencies are Not Money!” – Linkedin | $5,943.06
>“Jamie Dimon says if you’re ‘stupid’ enough to buy bitcoin, you’ll pay the price one day” – CNBC | $5,128.05
>“Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stiglitz Says” – Bloomberg | $9,972.67
>“Time to sell your Bitcoins: Cryptocurrencies success a bubble, Central bankers around the world warn” – Financial Express | $9,096.37

>> No.6952409

You fucking weak handed faggots. STOP selling!!!!

>> No.6952533

>>6948106
Listen to him /pol/acks, the EU is our best hope for salvation, an institution that's got not self interest nor ideology at its core but principle, principles guarding the sacredness of peace and love among peoples. You better hope your resentful nationalism doesn't win as we now live in a world which mightn't be able to recover from it. If power is given shackles too strong we'll be slaves forever.

>> No.6952753

>>6952338
add some dates

>> No.6952813

>>6949251

I wanted her to tell that bitch on the right off so bad when she started defending fiat.

>> No.6952862

>>6952317
>>6952338
this is awesome

>> No.6953026

>>6948106
Taking technical advice from an 87-year-old dude. That is like asking help from my grandma to fix my PC.

>> No.6953050

>>6948330
http://worldnewsdailyreport.com/david-rockefellers-sixth-heart-transplant-successful-at-age-99/

>> No.6953117

>>6948252
He literally is gunning for the destruction of the West.

I mean...shit I'm kind of speechless on how much he wants this.

>> No.6953135

dip over

thanks

>> No.6953180

>>6948252
He's all in XLM

>> No.6953206

>>6948330
his faggot protege son wants in cheap

>> No.6953583

>>6953050
https://www.snopes.com/media/notnews/rockefeller.asp

Fake news, you can fuck right off with that.

>> No.6953649

>>6951010
Was going to say that.

>> No.6953672

>>6948198
Idiot, he's has already cashed out together with Goldman.S

>> No.6953724

He should die already. Walking shit corpse.

>> No.6953746

>>6953583
>snopes
Seriously?

>> No.6953748

>>6948274
This

>> No.6953761

>>6948240
>a man who can destabilize entire countries with currency manipulation
yes he's just an old fool

>> No.6953782

>>6952338
>>6952317
this is gold, thanks anon

>> No.6953946

The entire crypto market IS a bubble.
Bubbles like these tend to form around a new and undefined market, similar to the dot.com-bubble, no one knew exactly what the market was, or the scope they where dealing with - hence it was difficult to separate what would be a viable concept and what would not be.
Like a secondhand bookstore online, or website where you can buy pet supplies, No one knew the scope of the market, and how the internet would change things..

I am confident that at least some of the coins/tokens floating around, will survive a potential crash and will be at the heart of the digital infrastructure in the future.

>> No.6954121

This is the guy that lost millions shorting post trump election

>> No.6954209

>>6948252
RefugeeCoin when?

>> No.6954233

>>6948106
The enemy of mankind saying that it's a bubble it's a good thing.

>> No.6954252
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6954252

>>6953583
>snopes

>> No.6954288
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6954288

for those that dont know, hes infamous for crashing entire countries economies.

you better believe if he wants to kill something, he will fucking do it. Hes basically the most evil guy on wallstreet.

prepare for btc apocalypse

>> No.6954433
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6954433

>>6953583
sNOpse

>> No.6954468

>>6954288
Except at this point no single person is liquid enough to crash Bitcoin because that would require investing tens of billions.

Only wall street and tether (if it keeps increasing printing) are enough to crash Bitcoin at this point.

>> No.6954527
File: 40 KB, 600x485, pepe2.jpg [View same] [iqdb] [saucenao] [google]
6954527

>>6954468
its just not george soros, its george soros and friends, what part about destroying whole country economies you dont understand? its all and his circle of hundreds of ISDA buddies. they're gonna soon need 1 billion tethers a day.

>> No.6955134

>>6954527

At this point i'm hoping Tether IS a scam, gotta fight the beast with their own games. Keep printing that fake dollah tether, pump this shit up!

>> No.6955251

>>6948106

"...But it’s nevertheless a bubble typical which is always based on a misunderstanding like the tulip mania. But the blockchain technology can be put to positive use and we use it actually in helping migrants to communicate with their families and to keep their money safe and carry it with themselves."

why is this guy such a big league fag

>> No.6955297

>>6955251
jews love migrants it seems

>> No.6955299

>>6954288

yeah, but if he wants to crash crypto world, he has to pump it first.... pump it hard.
and we will all be thankful.

except for all the herd that will buy high later

i dont think this crash is over, we still might sink a little, but if you are not filling your pockets now, then you are the typical "buy high sell low"

always remember, "Be greedy on dips when others are fearful" -Warren BUffalo

>> No.6955358

Soros will probably die before the day of the rope, let's face it. His son, Alex however...

>> No.6955420
File: 322 KB, 2518x1024, LactoChad.png [View same] [iqdb] [saucenao] [google]
6955420

>>6948106
Sure thing, turbojew. When you're not busy actively funding the destabilization of western civilization, maybe give us bits of your limitless wisdom on how the stock market and the housing market are absolutely not in a massive bubble.

People are going to have a lot more to worry about pretty soon. And that isn't going to be if some digital autism tokens drop in value a bit.

>> No.6955685

Why won't this old faggot just fucking die already? What is he waiting for? The day of the rope?

>> No.6955699

I can't disagree with this article, but still, years after years we hear the same about all cryptocurrencies: not currencies, unstable, used by bad guys etc. And nothing seems to change. Also, he might be bit biased. With cryptocurrencies in a world, there is less control for guys like him, so why they should promote it?

>> No.6955762

Hoping this jewish fucker dies soon

>> No.6955785

>>6955299
he is uber bear whale he makes his fortune by shorting everything to hell. europe is on the list.

>> No.6955863

>>6954209
It's called XLM

>> No.6955879

>>6955863
>not IOTA

>> No.6955926
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6955926

>>6948252

>> No.6955954

>>6948274
Because he has walls of bulletproof money around him

>> No.6955997
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6955997

>>6955954

>> No.6956008

>>6955863

XLM isnt a refugeecoin you fucking idiot, its supposed to make the refugees go back to their shithole country so they can make it better

>> No.6956022

>>6948106
only Lumen will survive

>> No.6956078

Pretty sure Soros is in his late 80s. Keep in mind David Rockefeller didn't die until 103 or something.

>> No.6956159

>>6948106
Always do the opposite of what Jews say.

>> No.6956163
File: 60 KB, 367x405, ded.jpg [View same] [iqdb] [saucenao] [google]
6956163

>>6956078

Soros 80 is David 100

>> No.6956175

>>6948232
He bashed Google and Facebook too.
https://www.cnbc.com/2018/01/25/george-soros-bashes-facebook-and-google-at-davos.html

>> No.6956204

>>6953583
>um yes let me link to a notoriously left wing biased, jew owned fact checking site
k-keep me posted Mr. Late Night Comedian watcher

>> No.6956209

>>6956078
Its the foreskins, eating then grants longevity.

>> No.6956228
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6956228

Why do all the reptilians look the same? Hillary and Soros are the same person with different haircut

>> No.6956284

>>6956008
Keep telling yourself that pajeet

>> No.6956295

>>6948252
soros portfolio is iota, xlm, eth confirmed

>> No.6956318

>>6950683
liquidity

with different or straight to USD pairings, this wont be happening

robinhood and fairx will soon fix this

>> No.6956342

https://99bitcoins.com/bitcoinobituaries/

>> No.6956410

>>6956318
Robinhood will only capture the US markets when it eventually adopts more than ETH and BTC - not to mention Robinhood will restrict all interaction with wallets or other exchanges. If FairX actually lives up to the hype then it will probably be more relevant

>> No.6956439

>>6948252
top kek

>> No.6956481

>>6952338
>“Time to sell your Bitcoins: Cryptocurrencies success a bubble, Central bankers around the world warn"
Kek did they really have to call theme "Central"...

>> No.6956638

hahahahaha pretty much every /biz/tard agrees that bitcoin (albeit not blockchain tech itself) is basically a bubble, but when Soros says it they go REEEEEEEEEEE
>tfw you're an altright NEET and realize that you share the same ideas as George Soros

>> No.6956702

>>6956410
I agree, was pointing them out just as examples how to possibly deal with it for demonstration

>> No.6957068
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6957068

>>6956638
>pretty much every /biz/tard agrees that bitcoin (albeit not blockchain tech itself) is basically a bubble

no, it is not

>> No.6957896

>>6956638
>the 'blockchain the tech' meme

Lmao newbies are so funny. They gobble up all the corporate memes.

>> No.6957979
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6957979

Soros will soon pop.

>> No.6958211

>>6948106
>100 yr old Jew fuds Bitcoin

This is news?

>> No.6958317

>>6948106
This is a confirmation. BTC = 500k in 2020.

>> No.6958442

>>6948240
this guy had the best phd's working for him 20 years ago, before muh algos became a meme

>> No.6958490

>>6948106
> “Normally when you have a parabolic curve, eventually it has a very sharp break,” Soros said Thursday. “But in this case, as long as you have dictatorships on the rise you will have a different ending, because the rulers in those countries will turn to Bitcoin to build a nest egg abroad.”

Soros is literally saying Bitcoin is a bubble that's never going to pop.

>> No.6958492

already cashed out many multiples my initial investment, if all crypto went to zero I'd be up $40k. not really a JUSTing.

pulling profit was the best thing I ever did, now I can trade without emotion knowing if it all collapses to nothing I'd still win. I never fomo or get weak hands anymore. gains accelerated quickly after that.

>> No.6958530

>>6948106
When will that old faggot fucking die already?

>> No.6958583

Soros has been shorting the entire stock market since late 2017, he's more overrated than Buffet is. The only people who find him impressive are political extremists who hate him on the right and are funded by him on the left.

>> No.6958602

>>6948106
this is the same guy who insisted that Trump would lose

>> No.6958712

>>6958490
Exactly. I don't understand why his comments are so controversial here. If I understand /biz/tards correctly, their consensus is roughly:
1) BTC sucks compared to all of its competitors and it's only King right now because Bubble
2) The flippening is possibly, likely, maybe even inevitable
3) blockchain tech is NOT a bubble and is here to stay.
That is EXACTLY what Soros is saying. Sorry brainlets, you see eye-to-eye with ((my co-religionist)), deal with it brainlets

>> No.6959025

>>6948274
he IS the assassin

>> No.6959030

>>6948106
>Cryptocurrency is a misnomer and is a typical bubble, which is always based on some kind of misunderstanding.
What fucking misunderstanding? That is mentioned 3 times in the article.
Fuck i hate mainstream media.

>> No.6959205

>>6948252
HAHAHAHAHA
OH WOW
holy fuck is he gonna be disappointed

>> No.6959435
File: 80 KB, 500x276, Neet_hate.png [View same] [iqdb] [saucenao] [google]
6959435

>>6952338
>D-DONT I-INVEST IN C-CRYPTO ITS NOT R-REAL M-MONEY THE ONLY REAL M-MONEY IS FROM YOUR P-PAYCHECK AND THE (((B-BANKS)))!!!!!!!!!!1111!!!1

>> No.6959730
File: 324 KB, 1197x843, Jim-Rogers-and-the-US-Recession.jpg [View same] [iqdb] [saucenao] [google]
6959730

>>6958583

This. Jim Rorgers made him his stack and then said fuck off because he realized George was a monster. Poor autistic Jim. At least he endorsed Ron Paul. I think he really hates himself for making George so wealthy.