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/biz/ - Business & Finance

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9694010 No.9694010 [Reply] [Original]

https://www.youtube.com/watch?v=T_umrfXa0zE

Why is no one talking about this. This could be the keystone event that literally triggers the entire financial system to collapse.

Golden bullrun soon.

>> No.9694027

>>9694010
why the fuck would people buy crypto if the financial system turns to dust? just fucking THINK for a second you idiot.

>> No.9694034

I heard they were betting big on bitcoin/crypto. Basically their entire future relies on the success of Crypto. Huge gamble.

>> No.9694041
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9694041

>>9694027

>> No.9694042

>>9694010
Soon.

>> No.9694046

Fuck off boomer

>> No.9694050

>>9694010
nah, they'll get a bailout

>> No.9694061
File: 15 KB, 500x261, 2018-05-31_8-40-53.jpg [View same] [iqdb] [saucenao] [google]
9694061

Look at that fucking stock tank.

How soon will the derivative bubble explode

https://www.zerohedge.com/news/2018-05-31/its-stock-crashes-all-time-low-shocked-deutsche-bank-issues-statement

https://www.zerohedge.com/news/2018-05-31/deutsche-bank-crashes-after-fed-secretly-put-us-operations-troubled-watchlist

>> No.9694069

>>9694034
They need the golden bull just as much as us neets. If it works out they'll be number 1 in the world

>> No.9694087

>>9694010
Probably because brinlet youtubers have been making videos predicting this particular collapse for literal years. Crisis points come from unexpected places, not literally the most expected place in the entire market.

>> No.9694106

>>9694010
People on /pol/ have been talking about Deutsche bank's collaps for years now. It's never going to happen, Merkel wiill bail them out and the media will praise her for it.

>> No.9694131

>>9694106
how bad will it get before she does though?

>> No.9694139

>>9694106
They can't keep getting away with it.

>> No.9694154
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9694154

this gon b gud

>> No.9694202
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9694202

>>9694139
This man was seen leaving leaving Deutche Bank's HQ.

>> No.9694224

>>9694202
HE CAN'T KEEP GETTING AWAY WITH IT!

>> No.9694248

>>9694027
kek moron

>> No.9694258

>>9694106

Let her try, roflmao.

>> No.9694261

>>9694010
why does he advocate a coin that he claims is 98% owned by one guy?

>> No.9694271

>>9694027
fpbp

>> No.9694285

Whats the problem with the bank? Why is it so low? Ive seen long term charts and it went down to 20 from 115 (euro) during 2008 crash. It recovered to 40 before it continued to bleed to 9 now.

Why does this bank have so much negativity?

>> No.9694435

>>9694285
Germans cant bank

>> No.9694528
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9694528

>>9694027
Literally why it was created.

>> No.9694552

>>9694010
>linking to a doomsday analyst youtuber
fuck off faggot, go lose more money

>> No.9694556

>>9694528
>implying satoshi wasn't a brainlet who didn't understand his own invention
>>9694041
>>9694248
brainlets

>> No.9694650

>>9694010
so what, they will bail it out
case closed, thanks for all the fish

>> No.9694712

>>9694261
This. I was watching this thinking this guy got his shit together and then turns it into a stupid Crypto larp

>> No.9694726

>>9694010
>Golden bullrun
>Implying you'll be alive long enough to find electricity or working phone lines

>> No.9694815
File: 13 KB, 500x357, DB gross exposure_0.jpg [View same] [iqdb] [saucenao] [google]
9694815

>>9694650
Where will they get 14x GDP to bail them out?

>> No.9694836

>>9694010
>listening to a dumb boomer with a btc hats opinion on Deutsche bank

Lmao

>> No.9694837

>>9694010
same thing already happened a few years back

>> No.9694878

What does this mean and how do I make money from it?

>> No.9694912

>>9694815
It's funny you post this, because JPM, Citybank and Bank of America have all a higher derivative exposure than DB (70T, 52T and 50T).

>> No.9694944

Fuck my numbers were off, actually it's 100T, 75T and 72T.

>> No.9694983
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9694983

>>9694027

>> No.9695015
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9695015

>>9694027
>Cyprus 2013
>Venezuela
>Simbabwe

People are fleeing into crypto, because you cannot trust the GV and the banks anymore

>> No.9695845

>>9694944
Eyyyy, sssshhh.
Do you want to get us all killed?

>> No.9695881

>>9695015
In an economic downturn people will drain their money from crypto, like they will with stocks too

>> No.9695959

>>9694027
This anon is correct.

If the economy crashes, no one will hedge their money into imaginary meme coins.

You faggots are all delusional if you think so. You cannot SPEND this cryptocurrency anywhere.

This is all a libertarian ponzi scheme. Make money then GTFO

>> No.9695970

>>9695881
where will they put it?

>> No.9696074
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9696074

>>9694027

>> No.9696098

>>9695970
Reduce spending, pay off personal and property debts , buy gold

>> No.9696118

>>9695970
Finance their lives because they get fired and stuff

>> No.9696181
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9696181

>>9694010
My bank just raised rates significantly

>> No.9696191

>>9696098
consider this. history shows us exactly what happens in a financial crisis. we can see this recently in Argentina, Venezuela, Zimbabwe, former Yugoslavia and Cyprus. you will be the last to know. almost immediately the doors of the bank will close, your card wont work and the atm will not function. shops will begin to run out of food. any wealth you had is trapped in a closed bank and stocks trapped in a closed stock exchange. further you know that you will lose allot of what you had in the bank by way of a haircut. you have $20 in your pocket and thats that. what will you do? days turn to weeks turn to months and the bank wont answer your call. if you had an idea this may happen you would be looking to put your money beforehand in anything tangible rather than get stiffed by the bank. before cryptos it was alcohol, lighters, soap, childs nappies, petrol anything tradeable and if you had money gold and silver for the recovery. now you have an option to put wealth in a virtual currency out of reach of the soldiers, the confiscating banks and government. what you going to do?

>> No.9696195

If the dollar(or any other big currency) shits the bed crypto will moon

>> No.9696199

I bought puts on this piece of shit last time things were looking iffy and it rebounded

>> No.9696277

>>9696191
If I had a store I would't sell bread for Doge though.. or Link desu.

>> No.9696288

>>9694010
what altcoin is this?

>> No.9696308

>>9694261
>>9694712
Did anyone actually watch the video (except these two)?? Why is nobody discussing his shill??

https://coinmarketcap.com/currencies/veritaseum/#charts

Should I buy two just for the luls?

>> No.9696327

im not saying this will happen to us now but it has happened many times in history and its always the same process. just be diligent and not have too much exposure in the system just in case its wise to diversify. probably mom and pop wont as yet have exposure to cryptos but its another avenue of preservation for us

>> No.9696332

>>9696098
>buy gold

Yeah, partly. But how can you send it instantly around the world? Gold can still be confiscated at the border. Memorise your wallet mnemonics, and they have 0 way of knowing if you have a bunch of crypto when you gtfo. There's a reason this was created, Gold isn't enough, it's just a shiny metal.

>> No.9696361

>>9696332
Why would you want to send it around the world? If there is a crisis to the extent that the whole financial infrastructure has collapsed, people will hunker down and not move. It's probably better to have gold than crypto as it won't require electricity or internet

>> No.9696392
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9696392

>>9694027

>> No.9696395

>>9694010
why do all these idiots love cliff high so much

>> No.9696460

>>9696191
How does financial system effect on internet or electricity?
Will the web be running if money won't move and how long?
Still there is cold wallet but i think its worthy as that 20$ in my pocket.

>> No.9696489

>>9694010
Vechain is going to take over most chains. Why would China already have four confirmable partnerships with them if they weren’t? Everything will be hubbing out of China in tomorrow’s trade economy

>> No.9696501

>>9696191
>crypto crashes cant cash out since I need a bank to turn it to fiat
I bet everybody uses crypto where you live kek

>> No.9696513

>>9696460
It won’t get that dramatic in America-poor people and retards with huge debt will get recked and it’ll get significantly shittier for everyone else (except those that are liquid or make money on shorts)

>> No.9696533

>>9696277
you'd accept whatever the market deemed valuable. If the world went to shit and koreans came out on top placing dogecoin as the reserve currency. You'd accept it.

>> No.9696562

>>9696513
Chubbies IPO then. That’s my plan. Thanks broski.

>> No.9696602

>>9696562
Godspeed anon

>> No.9696643

cryptocurrency time is now
fuck banks

>> No.9696646
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9696646

Too big to fail, probably.

>> No.9696671

>>9696191
> $20 left
> instead of using to buy food to survive, put in imaginary meme coins
> pajeets pump and dump value of coin since everyone is in a great depression
> $20 now worth $3
> can't spend anywhere because no one accepts cryptos
> wait for it to rise again
> can't buy food
> family is hungry and yelling at each other
> ANON! PLEASE GIVE US THE $3 so WE CAN EAT
> Sorry family, LINK mainnet will be out soon.

You're right.

>> No.9696758

>>9696646
Suck a dick tripfag

>> No.9696814
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9696814

>>9696758
Terminology please! Anon, you know better than this.

>> No.9696826

>>9694010
>Bitcoin Private Cap
>Boomer instructs to buy Veritaseum
nope

>> No.9697048

>>9695959

One day after complete financial collapse, you'll be able to spend your crypto's everywhere. Every single place will accept them. Think about it.

>> No.9697058

>>9696489
>Why would China already have four confirmable partnerships with them
Such as?

>> No.9697073
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9697073

Money will flow to jpy, usd and chf, not crypto or gold :D

>> No.9697113
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9697113

>>9695959

this . i rarely visit biz because its full of retards and fucking shilling pajeets. fucking kys .

i bought these worthless shitcoins but i dont shill them the whole day. there are 1600 "coins" and they are all useless trash. this is the reality.

>> No.9697120
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9697120

>buying internet magic beans to buy things when you can't even use the fucking internet because they have been forced to close their businesses and shut down service to customers due to defaulting on payments because the economy has turned on its head. again. THINK FOR A FUCKING SECOND.

>> No.9697133

>>9697048
That’s retarded

>> No.9697168
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9697168

>>9694027

>> No.9697180
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9697180

>>9694944
the fuck.

>> No.9697506
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9697506

>>9694027

>> No.9697510
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9697510

>>9694027
Sorry but this comment was just so retarded I had to post two brainlets

>> No.9697567

>>9694027

Is this a joke ?

Who controls the majority of the economy. People who work in ecommerce , hardware, software development , AI , robotics , etc ?

Economy Collapses and they are creating the jobs of the future. Would the creative minds behind this prefer their own currency and power?

Or do you think they're happy influencing a corrupt world government that they must use their $$$ to influence?

If you answer this question. Ask yourself if the guy who created the I'm not a robot reCaptcha believes he's worth more to the world than a dude fracking in North Dakota...

>> No.9697590

He shilled veritasium at the end. All credibility 100% lost forever. I'll never watch this guy again as he's now cemented in mind that he's a fucking idiot.

>> No.9697592

>>9694010

fuck off with this boomer shit, i barely understand anything about stocks and bonds lmfao just show me coins

>> No.9697763

>>9695970
Sock market... Literally in their sock drawer for safekeeping

>> No.9697804

>>9694815

holy shit they have that much leveraged? kek

>> No.9697818

>>9694944

This is surely total leverage though right? Many of these positions hedge against each other I imagine

>> No.9697854

>>9694027
i understand many of you are born in the 90s, with a vague awareness of 2007 through the news, and no recollection of 2000 whatsoever
as someone who was an adult through both and got through unscathed while others were losing their shirts, i'm in crypto now
make of that what you will

>> No.9697888

>>9694815
where they get all their money.
borrow.

>> No.9697923

>>9694815
Greece

>> No.9697959

Just bought 100K e-coin

>> No.9697980

>>9694050
Only American Jew banks get those

>> No.9698325

>>9694435
they killed all the people that could back in ww2

>> No.9698363
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9698363

>>9694027
kek'd

>> No.9698426

>>9694027

wow

>> No.9698439
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9698439

>>9694027
kys already

>> No.9698561
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9698561

>>9694027

>> No.9698802

>>9696814
Yes ANON. what 4chan was made for.
are you that lonely in real life that you seek notoriety on an albanian soap carving forum?

>> No.9698873

>>9694010
Deutsche Bank is contained.

>> No.9698876

>>9695959
Please stop talking.

https://www.news.com.au/technology/online/venezuelans-seeing-bitcoin-boom-as-survival-not-speculation/news-story/b4ee91a802ed265a237699aa2ed4dd44

https://cointelegraph.com/news/bitcoin-demand-surges-in-zimbabwe-following-successful-coup

>> No.9698944

>>9698876
The dollar and Ruro didn’t plummet during the last financial crisis

>> No.9698976

>>9698944
People like Peter Schiff argue (quite well actually( that the next crisis is the dollar.

>> No.9699184

>>9695959
You can rent, eat and shop in Barcelona these days all with Bitcoin (P2P Electronic CASH)

>> No.9699221

>>9694010
holy shit this thread is still alive

>> No.9699270

>>9698976
I agree with Schiff on pretty much everything he says, he's a smart dude. Only thing I think he's wrong on is Bitcoin being somehow worthless and gold being the perfect currency

>> No.9699282
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9699282

>>9694027

>> No.9699320

>>9694010
>Why is no one talking about this.
Because this board is packed with literal autistic niggers and pajeets that just scream the names of whatever shitcoin bags they're holding and never discuss stocks.
Perfect example: the last minute or two of the video.
That shitcoin isn't going anywhere, and you fucking know it.

>> No.9700215

bump.

looks like it was downgraded, but it's not making too much of a news splash.

https://www.bloomberg.com/news/articles/2018-06-01/deutsche-bank-cut-by-s-p-in-latest-blow-for-sewing-s-revamp

>> No.9700247

>>9696181
why the fuck are they offering fucking 1.5%? that doesn't even beat inflation for gods sake. so fucking stupid

>> No.9700324
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9700324

IT'S FUCKING HAPPENING AAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHH

http://www.bbc.com/news/world-australia-44326034