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

/biz/ - Business & Finance

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7336691 No.7336691 [Reply] [Original]

If you're worried about crypto crashing, take a look at this chart. It looks like the dow jones is jumping off a cliff

>> No.7336716
File: 65 KB, 800x599, 3082a58568357b4644f4cfc3910edfd1.jpg [View same] [iqdb] [saucenao] [google]
7336716

>>7336691
>but I though bitcoin was scam

>> No.7336729

>up 6% in a month
>surprised when it falls a lil
fuck off adhd faggot.

>> No.7336734

Student loan bubble is popping

>> No.7336931

if you thought burning alive was bad try jumping in a vat of acid

>> No.7336977

>>7336691
Stocks confirmed tulips.

>> No.7337071

>>7336977
dubs confirm, checked

>> No.7337419

>crypto tanks
>normies laugh
>stocks tank
>normies panic
GG boys, we lived to see the collapse of the US and much of the west with them.
What 3rd world shithole are you going to move to where your last $50 will buy a house?

>> No.7337728

Dowjones is a jew ponzi scam

>> No.7337766

>>7336716
What the fuck it will never recover. It's over.

DOW is finished.

>> No.7337836

>>7337419
Its not even 5%

>> No.7337852
File: 440 KB, 640x449, pop.png [View same] [iqdb] [saucenao] [google]
7337852

>>7336691
> -%5.00
Imagine any crypto being that fucking stable...

>> No.7337860

-10% (dow) vs -70% (btc)

Nice analogy

>> No.7337874

>>7336691
I have yet to see an index that isn't shitting itself both U.S. and European

>> No.7337904

>>7337419

Unironically Venezuela, $50 carries you for a year over there

>> No.7337908

>>7337860
-4.60% actually

>> No.7337938
File: 66 KB, 540x568, 1505435591666.jpg [View same] [iqdb] [saucenao] [google]
7337938

>>7336729
>>up 6% in a month

>> No.7337953

>>7337904
>gets wealth confiscated by socialist government

>> No.7337982

Fucking retards I told you your silly stocks had no inherent value and nobody would use them, it feels comfy to be a nostocker.

>> No.7338010

>>7337860

It is fair in terms of yearly gains for each investor

>> No.7338012

>imminent economic collapse
I never thought that witnessing it in real time would be so terrifying

>> No.7338045

>>7336691
>dow jones
It's spelled "Dow Joans" retard

>> No.7338054

Nice just sold 100K

>> No.7338181
File: 70 KB, 840x474, 1517868696096.jpg [View same] [iqdb] [saucenao] [google]
7338181

>>7338045

>> No.7338225

But at least I get dividends for holding my equities whereas crypto is the ultimate bag to hold

>> No.7338267
File: 36 KB, 572x278, nero-1.jpg [View same] [iqdb] [saucenao] [google]
7338267

>>7338181
Someone needs to tweet this to him, I want to see the POTAS shitposting on twitter as the world burns.

>> No.7338339

>>7338181
Is it real?

>> No.7338369

>>7338339

'no'

>> No.7338399

Looks like the burgers got another world financial crisis going. Again. What is it this this? Wage cucks in Minnesota not able to pay their fucking dept or some nonsense shit like that?

>> No.7338411
File: 538 KB, 568x575, 1516376983436.png [View same] [iqdb] [saucenao] [google]
7338411

>>7336691
> bankers worrying about an imaginary digital currency market whilst their real market slowly descends to the pits of hell

You cant write this shit.

>> No.7338443

How do I buy this dowjomes coins?

>> No.7338529

Help a new guy out here
Don't recessions usually affect the average consumer in a largely positive way? The way I see it, businesses and banks get fucked the most

>> No.7338651

>>7338529

It would have a severe knock on effect - businesses employ people and banks lend people money

>> No.7338680

>>7338529
Average consumers, yes. Banks and big businesses however are always going to be too big to fail.

>> No.7338823

>>7336691
This surely will make crypto recover
Not

>> No.7338887

>>7338651
so if you don't get fired and don't take out loans, then you're fine?

>> No.7338903

>>7336729
>up 2000% in a year
>surprised when it falls a lil

>> No.7338925

>>7337860
>economically unstable new technology
70% is to be expected
>blue chip meant for 'stability'
10% is spoopy. Where will I park my money?

>> No.7339022

>>7336691
>from 26k to 24k
WOW PINK_WOJAK.PNG

>> No.7339406
File: 22 KB, 673x509, Untitled.png [View same] [iqdb] [saucenao] [google]
7339406

>>7339022
Looking at the 5 year chart might give you a little more context,

>> No.7339837
File: 152 KB, 842x510, Dow.jpg [View same] [iqdb] [saucenao] [google]
7339837

>>7339406
It's nothing

>> No.7339901

>>7339837
>the first day is nothing compared to the worst crash in 40 years
Impressive.

>> No.7339927

>>7336691
lol they're just waiting for a better price. sell if you haven't already, buy again at the bottom (it will recover as always) (crypto will never look like it did winter 2017)

>> No.7339961
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7339961

>>7337938
tfw wake up to .05% gains

>> No.7339980
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7339980

>>7339837
>you in 2008
>it's nothing, this happens all the time

>> No.7339981

It's just a return to mean ;)

>> No.7340053
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7340053

>>7339406
I seriously hope there isn't anyone on /biz/ who didn't see this coming.

>> No.7340105

>>7338411
>implying the same people didn't cause both

>> No.7340249

>>7340053
I like you optimism but I think the US economy has been living on borrowed time (and money). While you might be thinking a low of 20k then back to that line I'm thinking more like 4k.
If I'm right I'll buy the dip, if your right I'll stay out until I'm right.

>> No.7340537

>>7340249
this dropping to 4k is wayyyyy to low. that will be the end of the modern usa. think UBI + massive unemployment + socialists in government.

>> No.7340677

>>7340537
I'm aware. For the US to meet debit repayments the interest needs to remain below 0.5% while they cut all nonessential spending and put even cent they can into it.
The US is dead, it just hasn't hit the ground yet.

>> No.7340691

>>7340537
sounds great tbqh. just history repeating itself. see russia and france.

>> No.7340750
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7340750

>grow 0.5% in a year
>fall 6 % in a day

Boy I'm glad I stayed with stocks and not that new tech

>> No.7340783
File: 296 KB, 1000x1000, 1516463255443.png [View same] [iqdb] [saucenao] [google]
7340783

>>7340053

why are stocks so boring? just looking at that graph almost bored me to death.

>> No.7340803

People are taking profits, but where is the money going?

>> No.7340900

>>7339961
im gonna need the sauce of that pic

>> No.7340906

>>7336691
DJ will recover as it always does (because if it doesn't the whole world is in a much bigger trouble). BTC and alts may never recover again.

>> No.7340915
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7340915

>>7340803

>> No.7340985
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7340985

>> No.7340987

>>7339980
Theres no catalyst you mong, check the markets from 1980 to 2000

>> No.7341016

>>7338012
Man not again. I left high school right as the last one happened and I finally just started getting stable with a decent job. Guess I'll never own a house or retire.