/biz/ - Business & Finance

[Anonymous No.7183222]

You guys don't get it. The fed is literally crashing the dollar with no survivors. You absolutely do not want to price your net worth in USD. You want to price it in gold/bitcoin. The economy is literally going to collapse from either USD hyperinflation. Alan Greenspan, an older chairman of the federal reserve and creator of the current economic bubble we're in went on Bloomberg and basically said how fucked we are. Bitcoin is not the bubble. It is the exit door. It is one of the only ways to secure yourself when the crash happens. Don't be manipulated by the bankers trying to gain control.

[Anonymous No.7183368]

>>7183222

trips for truth

luckily my currency is EUR. comfy

[Anonymous No.7183488]

>>7183222
>dollar index has been hovering around important support line for weeks
>crashing

Its already crashed. dont count your chickens before they hatched

[Anonymous No.7183611]

>>7183222
>the dollar is crashing, therefore you should worry about how many internet monopoly dollars you have

you fucking brainlet, if the dollar crashes then the WORLD is FUCKED. China owns so much of our money for a reason: they fucking trust it. Let's just pretend like the dollar collapsing will be A-OK as long you put your money into bitcoin. No fucker, we are on our path to civil war at that point. Riots in the streets are occurring if the dollar goes down. Fuck off.

[Anonymous No.7183613]

>>7183222
Very true. Shitstorm is coming in fiat and in economy in general. Very interesting times.

[Anonymous No.7183748]

>>7183368
All fiat currencies are linked by the same central bank ponzi scheme. Short term you're safe. Long term shit is about to go down
>>7183488
Look at the long term trend. It is going to continue to crash ESPECIALLY when the fed womt raise rates and the president wants a weak dollar policy. The dollar will be worthless soon.

[Anonymous No.7183887]

>>7183222
Source on this?

[Anonymous No.7183889]

oh my god you people are retarded
the dollar survived the 2k8 crisis (if you understand/work inside the banking system then you can truly appreciate how bad things really were)
interest rates are rising and inflation is at the target
stop scaring the children

[Anonymous No.7183893]

Honestly i dont know why this isnt getting more attention.

[Anonymous No.7183913]

>>7183222
TRIPS OF TRUTH

[Anonymous No.7183937]

>>7183889

The dollar didnt survive anything they just started pumping blood into a dead body

[Anonymous No.7183955]

>>7183222
>Alan Greenspan
oh you mean the guy with no credibility anymore?

[Anonymous No.7183963]

>>7183889
explain QE4 then

[Anonymous No.7183984]

>>7183368
Lol if you think Europe won’t go down with the US. The whole global economy will go down if us gets fucked.

[Anonymous No.7183989]

>>7183611
It isn't internet monopoly money. Like it or not it has real scarcity. Sure it may be an artificial tool with arbitrary values (21 million btc, 10 minute blocktimes) but that does not make it any less scarce or real. It is simply makes it another tool invented by mankind. Much like the current failing financial system we have. Except this technology is newer, and more resistant to human error.

[Anonymous No.7184001]

>>7183937
what are you even talking about?

[Anonymous No.7184052]

>>7184001
Printing money out of nowhere

[Anonymous No.7184093]

>>7183887
Bloomberg interview January 31st:
https://www.youtube.com/watch?v=iiwnRO53G2M

[Anonymous No.7184163]

>>7183748
lmao protectionism is already priced in you fool. The next step for the dollar would be if america announces a surprise 4th rate hike. added to the fact we are at important support, you literally cant predict it will go down more. its more likely to bounce up like it did last august

[Anonymous No.7184187]

>>7183989
>I have a paper cup in my hand. I have drawn a penis on this papercup and signed my name. This papercup is scarce.Therefore its value must go up forever.

K, how many beanie baby holders are thinking the same thing? It's absolutely insane to me that you're speaking about how the dollar works when you have no fucking clue.

[Anonymous No.7184208]

Government/media are actively trying to kill bitcoin

>this shit pops up on top feed out of nowhere on all normie media shit

Looks like me like its a combined effort to kill off bitcoin.

Huge anti crypto sentiment from governments across the globe + media spin = no new buyers

Seems like they want thier own cryptos that they can control like fiat.

ITS OVER

[Anonymous No.7184305]

RJLZPUyR is a government shill. They glow in the dark.

t. /pol/

[Anonymous No.7184516]

>>7184187
Bitcoin is not going up because it is worth more. It's going up because the dollar is worth LESS. Putting money in ANY asset is the way to go. It doesn't have to be bitcoin. However when the government inevitably stsrts confiscating assets, it will be a lot harder to confiscate bitcoin than your benie baby collection.

[Anonymous No.7184618]

Nah, based Trump's gonna save the world again soon. Just you wait and see.

[Anonymous No.7184676]

>>7183222
Its fucking currency manipulation Trump talked about this extensively on the campaign trail. Whether its good or bad I don't know but its definitely on purpose.

[Anonymous No.7184995]

>>7184618
>zionist neocon
>save the world

not gonna happen.

[Anonymous No.7185096]

>>7184995
Been OD'ing on CNN again? He's vastly more intelligent than any of us. He got this. Look at how he saved the stock market, the unemployment crisis caused by liberals and the sinking crime rates

[Anonymous No.7185247]

>>7185096
Poor quality bait anon, at least make it somewhat believable

[Anonymous No.7185293]

>>7183748
>All fiat currencies
explain to me how bitcoin is not a fiat currency

[Anonymous No.7185321]

>>7185247
Are you actually implying the stock exchanges all over the world except Japan hasn't been pushing new ATHs the moment he got into office? That he hasn't wrestled down unemployment many percentages? He inherrited hell. He fixed it within a year.

[Anonymous No.7185448]

>>7185321
>he hasn't wrestled down unemployment many percentages?
lol

[Anonymous No.7185497]

>>7185293
Bitcoin is a commodity. It requires computational work for new currency to be created. New currency is continually issued at a decreasing rate until there is zero inflation. It is quite exactly the opposite of fiat because it cannot be created out of thin air, it can only be created with computational work.

[Anonymous No.7185551]

>>7185096
>muh 5D aquatic skateboarding

[Anonymous No.7185570]

>>7185497
from that point of view the US dollar is literally a commodity as it is manufactured into bills

bitcoin is not a commodity lol

com·mod·i·ty
kəˈmädədē/Submit
noun
a raw material or primary agricultural product that can be bought and sold, such as copper or coffee.

[Anonymous No.7185673]

>>7183222
>Hurr durr when the planetary banking system collapses Internet funny money is going to magically save the day

If the entire FIAT system falls the only thing that will matter is food, water, and bullets. Your imaginary coins aren't going to be worth shit, especially since you won't be able to transfer them (because the fucking world is colapsing)

[Anonymous No.7185791]

>>7185497
Can't be created out of thin air*

*Unless it's one of the coins that can or if they do a hard fork and create coins out of thin air

[Anonymous No.7185792]

>>7183889

>duh gubment said economy is awesome!

[Anonymous No.7185873]

>>7185570
But the USD is manufactured with an inconsistent rate due to human error in policy making. Bitcoin's currency issuance is algorithmic allowing for zero human error to take place.

[Anonymous No.7185995]

>>7185873
bitcoin is not a commodity

coffee is a commodity, orange juice is a commodity, salt is a commodity

bitcoin is a theoretical currency that is fiat with zero things backing it up

https://www.youtube.com/watch?v=hCKnB6R6U_k

[Anonymous No.7186146]

>>7185791
>implying that forks are worth something

[Anonymous No.7186222]

>>7185995
I already said computational power backs it up. You could not counterfeit a bitcoin if you tried.

As for if it is a commodity, I meant it trades like a commodity due to its scarcity. I guess I would classify it as a currency that trades like a commodity. But you're right it is artificial as in it is man made. However that doesn't mean it is worthless. It has a multi billion dollar distributed computational network to back it up. It cannot be created out of thin air. I urge you to try and prove me wrong.

[Anonymous No.7186293]

>>7186222

You can't counterfeit it but you can copy it and make a shitcoin to dilute the market

[Anonymous No.7186368]

>>7186293
Sure but you have to use coersion to manipulate people into using it.

[Anonymous No.7186380]

>>7186222
>I already said computational power backs it up. You could not counterfeit a bitcoin if you tried.
that has nothing to do with something being a commodity or not, confirmed limited supply does not make something a commodity

[Anonymous No.7186479]

[Anonymous No.7186546]

>>7186380
Classify it how you wish then. It still is different from traditional fiat currencies because it is not printed by a central agency at a dynamic rate. It is printed using computational work at a fixed rate.

[Anonymous No.7186560]

>>7183748
Banks aren't gonna let fiat go into hyperinflation mode. It's their baby and they're gonna drain the other markets such as bonds get fucked. Fiat may take a dive but it's probably the best hedge for now. Crypto is a good backup against hyperinflation, but that's highly unlikely and could threaten crypto's existence too if infrastructure gets fucked. I'd be most comfy owning physical assets right now desu

[Anonymous No.7186734]

>>7183611
I've never seen this amount of trust in the government on this board. Yeah, there will be riots and the world economy is going to absolutely crash. This happened a little less than 100 years ago and it shaped the current billionaire list (Warren buffet and many others all had parents who bought a shit ton of stocks right after the great depression). People are going to starve in the streets and there will be a world war.
What I'm most surprised about is people not seeing this about to happen. Humanity runs in cycles, the cycles are getting faster.

[Anonymous No.7186787]

>>7183889
>The dollar survived the final nail in the coffin
The last 10 years has been holding the coffin on the shoulders of the rich before finally laying it to rest.

[Anonymous No.7186834]

>>7186560
The infrastructure could be threatened but as long as internet connections continue to work, bitcoins infrastructure can autocorrect to the number of active miners who are able to afford hosting. If the internet gets shutdown the whole system can be moved to ham radio or some other form of communication. But you're right physical assets sre better in that situation.

[Anonymous No.7186896]

>>7186734
The cycles are faster because we have never been this overleveraged before.

[Anonymous No.7186945]

>>7186479
Meta

[Anonymous No.7186980]

bumping this thread with no survivors

[Anonymous No.7187018]

>>7183222
Well here's a layer on the cake you are missing.
The plan is too get most people to put their money in crypto due to USD devaluing and the economy crashing & then when crash crypto and ban it after everybody's invested and essentially making the whole world dead broke. And then the NWO comes in and fucks u in the ass.

[Anonymous No.7187114]

>>7187018
But they do not have control over it. They're trying to manipulate it but they do not have the same control that they have with traditional fiat. Still I agree they will try and this is probably what they're going to do.

[Anonymous No.7187142]

>>7186734

They are too busy with Netflix and Facebook.
At least before people were uninformed uneducated peasants which was an acceptable and realistic excuse.

Today's sheep that remain stupid and ignorant by choice have no excuse. If you are connected to the internet or know someone who is and you can't see what's going on go fuck yourself because you are the reason for everything bad happenings to us all. I have tried redpilling people everywhere. They just don't want to hear it. Every year I show them more proof of shit they laughed at the year before but no.fuck it all.

[Anonymous No.7187210]

>>7183611
>if the dollar crashes then the WORLD is FUCKED
Never post again

[Anonymous No.7187214]

>>7184676
why are they helping china? It makes literally no sense, no jews live in china and the chinese government is not even really communistic

[Anonymous No.7187234]

>>7183984
The US is not that important in the global commerce
If it collapsed and stopped forcing others from buying its dollars and weapons and stops stealing natural ressources it wouldn't be too bad for the rest of the world

[Anonymous No.7187275]

So should I move from Canada to the EU then?

[Anonymous No.7187308]

>>7187114
That's the joke though. They already have and always had control of it. And they are just drafting the right team. Consolidating every thing and inching in as far as they can for the complete takeover. They're even amnipulating the markets. This whole thing is controlled.

The Jap guy who made it never existed. It was like the fucking NSAbor some shit .

[Anonymous No.7187353]

[Anonymous No.7187381]

>>7187308
Exactly. Bitcoin was made by them. It's a currency that governments don't have to adopt for the people to use. They use the "get rich quick" selling point to make it popular among people.
Cryptocurrency will be the one world currency.

[Anonymous No.7187463]

>>7187308
I don't think the NSA had anything to do with it. I could be wrong but the initial releases of the software seemed like it was created by a single guy. Maybe I'm wrong though.

[Anonymous No.7187468]

>>7184516
> Implying btc isn't digital beanie babies

[Anonymous No.7187536]

>>7187381
the US Dollar is the one world currency

[Anonymous No.7187559]

>>7187463
That's the point. To make it look that way.
Fuck the NSA FBI CIA who fucking knows don't matter the name.

[Anonymous No.7187586]

>>7187381
But why would they make it decentralized and scarce? Also why does the msm continue to say blockchain not bircoin?

[Anonymous No.7187600]

>>7187559
lol it wasn't the FBI or CIA jeez anon
lol
probably DoD/NSA job

[Anonymous No.7187637]

>>7187586
do the opposite of what the MSM says
don't u know anything

[Anonymous No.7187669]

>>7187600
All the same shit at this point

[Anonymous No.7187690]

>>7187559
The only thing that would make me think it hss anything remotely to do with the NSA is the use of sha256. Howeber if it as developrd by the NSA and sha256 had a secret backdoor satoshi would not have used double sha256 hashes and ripemd. He would have stuck to just sha256. Clearly he wanted to make this technology strong so he incorporated ecc, sha256, and ripemd. Also I think if the nsa developed it bitcoin would be using RSA instead of ecc, but neither of these prove it wasn't developed by the NSA. There really is no way to tell.

[Anonymous No.7187771]

>>7187586
As for decentralized, it really can't be when you think about it. But it fits well in with the popular idea that these Jew freaks are "communists" who want all countries to be equally "rich" so to speak. Might explain why they are allowing China and African countries to rise.

[Anonymous No.7187807]

>>7184208
>pajeetcoin when?

[Anonymous No.7187848]

What can one do to hedge against this.

[Anonymous No.7187876]

>>7187669
you're an idiot loon
the CIA and FBI are in bed together and they fucking hate the NSA
Have you event met an FBI agent or NSA operative/contractor - it's like talking to a retarded 14 year old girl and IQ 150 wizard

[Anonymous No.7187949]

>>7187690
NSA can bust RSA and single sha, if they can break it others can/will later. they aren't gonna run a currency unless it's solid and they can own it forever. they break it with 51% shenanigans.

[Anonymous No.7187962]

>>7187690
Fuck it I'm not even positive about anything I said but it's just a natural instinct for me think that. I mean before Bitcoin there was always talk about a one world currency that's digital.
>>7187876
I'm not talking about the bottom of the chain agents I'm talking about orders and shit from the top. Those people are just cogs following orders. But if you speak out you know what happens. If u knew anything worthwhile to begin with.

[Anonymous No.7187974]

>>7187876
NRO here; can confirm that all intelligence agencies absolutely despise one another.

[Anonymous No.7188323]

>>7187468
Man you’re hopeless if you can’t see the inherent value in a decentralized electronic currency.

[Anonymous No.7188380]

I’m not convinced that bitcoin is an inside spook job. Anti gov types have been trying to create a decentralized “currency, means of exchange, w/e” since the early days of the internet.
Btc is more or less the culmination of that, and the movement was revived in the wake of ‘08. I have no doubt that (((they))) have plans for a one world currency, but I don’t think Btc is it. I believe they were aware of it, likely were observing it closely to see how it would play out, allowed it to become more mainstream via the media, and now they are actively trying to control it. They quietly accumulated sub 5k, then unloaded their bags all the way to 20k once enough normies were buying in. Now they’ve shorted the market and are using futures cash to buy as much of the supply as they can. It’s all they know, moving money from the many to the few. From weak hands to strong.

[Anonymous No.7188472]

>>7183222
see
>>>7187153

[Anonymous No.7188671]

>>7184001
>what is quantitative easing
You have to go back.

[Anonymous No.7188885]

>>7183368
>luckily my currency is EUR
you poor, stupid bastard

[Anonymous No.7188952]

>>7184208

(((they))) don't control it so they want to kill it

[Anonymous No.7188983]

>>7188380
Except the internet was an inside job top though

[Anonymous No.7189036]

>>7183222
OP is right. It is already ogre.

[Anonymous No.7189182]

>>7183222
trips speak truth

[Anonymous No.7189797]

Who remembers the Cyprus bank nationalisation and the ensuing btc spike?

>Cyprus gov took all bank deposits over 20k eur, the citizens rushed their money into btc as a response

Btc's real value appears to be as a safe haven during these types of events. Good thing 2018 has no pending financial disasters on the horizon..