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/biz/ - Business & Finance

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993037

How to shield your wealth from the coming crash? Anonymous Thu Dec 10 14:00:05 2015 No.993037 [Reply] [Original]

So quantitative easing has been going on for ages, central banks are printing money like crazy, interest rates are NEGATIVE and there still isn't any real growth in the economy. Productivity isn't going up, there has just been so much money laying around and it needs to be put somewhere safe from negative rates.
That's why I have been lowering my amount of stocks and ETFs and I'm now wondering where to put that money to preserve its purchasing power.

Now next when the bond market collapses causing a massive aftershock in the stock market this bubble economy will get fucked hard as will the real economy too. Then the governments and central banks have already used their ammo as interest rates are in the negative and QE is going on. They can of course just step on the pedal but that will bring a host of other problems such as rampant inflation.

What I wonder is where to put my wealth? Gold?

>>	Anonymous Thu Dec 10 14:10:21 2015 No.993056 File: 30 KB, 480x388, gdp-forecast-2016-wells-fargo.png.jpg [View same] [iqdb] [saucenao] [google] >>993037 >isn't any real growth in the economy

>>	Anonymous Thu Dec 10 14:12:38 2015 No.993059 >>993056 Growth in GDP is not same as growth in production. If a house goes up 10 times in value it's still the same shitty house. It is very easy to raise GDP with smoke and mirrors.

>>	Anonymous Thu Dec 10 14:15:44 2015 No.993066 >>993056 >forecast LOL

>>	Anonymous Thu Dec 10 14:17:06 2015 No.993068 >>993059 So tell us, how you measure the real economy then?

>>	Anonymous Thu Dec 10 14:22:23 2015 No.993070 >>993068 Productivity

>>	Anonymous Thu Dec 10 16:48:29 2015 No.993213 Bitcoin

>>	Anonymous Thu Dec 10 16:52:37 2015 No.993221 >>993213 For real though?

>>	Anonymous Thu Dec 10 16:54:14 2015 No.993223 File: 109 KB, 1931x806, td.jpg [View same] [iqdb] [saucenao] [google] >>993221 Yeah.

>>	Anonymous Thu Dec 10 16:55:27 2015 No.993226 File: 80 KB, 1876x792, hr.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Thu Dec 10 17:18:14 2015 No.993267 >>993221 Lmao. If you really need to ask that question then stay off /biz/. Most of these guys are going to give you these type of retarded answers.

>>	Anonymous Thu Dec 10 17:20:16 2015 No.993272 >>993267 >post chart "retarded answers" never change, /biz/

>>	Anonymous Thu Dec 10 17:24:20 2015 No.993276 >>993272 >Post a chart that has nothing to do with Bitcoin price or mainstream use >chart doesn't prove that Bitcoin isn't one of the worst investments you can make in the last couple years >retarded answer Pretty much.

>>	Anonymous Thu Dec 10 17:26:24 2015 No.993281 >>993037 Nobody can predict what will happen so just stay the course of stock and bond index funds, in a proportion according to your age. Also, don't buy any gold.

>>	Anonymous Thu Dec 10 17:27:40 2015 No.993283 >>993056 >believing official government inflation statistics

>>	Anonymous Thu Dec 10 17:31:12 2015 No.993285 File: 98 KB, 1878x798, mp.jpg [View same] [iqdb] [saucenao] [google] >>993276 >chart with number of transactions per day >nothing to do with Bitcoin price or mainstream use ?

>>	Anonymous Thu Dec 10 17:32:47 2015 No.993290 File: 1.65 MB, 300x196, 053ca482887a2f733.gif [View same] [iqdb] [saucenao] [google] >>993223 >>993226

>>	Anonymous Thu Dec 10 17:32:50 2015 No.993291 >>993285 Number of transactions per day means nothing. Look at total transaction volume and you will see why you're an idiot.

>>	Anonymous Thu Dec 10 17:34:55 2015 No.993293 File: 108 KB, 1889x803, tv2.jpg [View same] [iqdb] [saucenao] [google] >>993291 ?

>>

Anonymous Thu Dec 10 17:38:34 2015 No.993299

>>993293
Exactly. The first 2 charts you cherry picked to make it seem like Bitcoin is exploding out of control. It has been stagnating for years and on a general downward trend. You posted the only 2 metrics that really don't matter at all.

This chart right here ^ that you just posted is an accurate portrayal of what's really going on.

>>	Anonymous Thu Dec 10 17:41:23 2015 No.993305 File: 157 KB, 1911x907, bs.jpg [View same] [iqdb] [saucenao] [google] >>993299 >general downward trend. Maybe if I turn my monitor upside down

>>

Anonymous Thu Dec 10 17:46:03 2015 No.993309

>>993305
>Thinks that slowly falling from over $1000 in 2013 to $400 today isn't downward
>thinks that a 2 year downward spiral from the ATH isn't significant
>posts a severely skewed log chart to try and hide the fact that Bitcoin price has fallen $600
Seems legit

>>	Anonymous Thu Dec 10 17:49:54 2015 No.993311 File: 138 KB, 1917x905, bc.jpg [View same] [iqdb] [saucenao] [google] >>993309 you're funny anon

>>	Anonymous Thu Dec 10 17:51:51 2015 No.993314 >>993311 That's good because you're hilarious. No matter how you hard you try and slice it, the facts are the facts.

>>	Anonymous Thu Dec 10 17:54:17 2015 No.993315 File: 29 KB, 292x257, 1449069305038.jpg [View same] [iqdb] [saucenao] [google] >the facts are the facts

>>	Anonymous Thu Dec 10 17:57:03 2015 No.993319 >>993315 Pretty much. Unless you have a counter-argument for >>993309? Are you saying that Bitcoin price hasn't dropped $600 over 2 years?

>>	Anonymous Thu Dec 10 17:57:54 2015 No.993321 >>993319 No, it has gained $300 over 3 years.

>>	Anonymous Thu Dec 10 17:58:38 2015 No.993322 >the coming crash stop with this meme ffs

>>	Anonymous Thu Dec 10 17:59:43 2015 No.993324 >>993319 It dropped to below 400 within 2 weeks after $1000. You really don't think it was regarded as a good place to buy at $1000, 12 months after it was $10, do you?

>>	Anonymous Thu Dec 10 18:02:43 2015 No.993329 >>993321 3 years ago it was almost unknown. >>993324 Are you really going to measure the price today to when it had literally no transaction volume?

>>	Anonymous Thu Dec 10 18:03:40 2015 No.993333 >>993329 >Are you really going to measure the price today to when it had literally no transaction volume? How much transaction volume was there when it was $1k?

>>

Anonymous Thu Dec 10 18:04:41 2015 No.993337

>>993324
Fuck no. I learned about it in November 2013 and have never thought it was a good buy. At $1000 I didn't think it was a good buy and when it dropped to $400 I still didn't think it was a good buy. Today it is even a worse buy because all the hype has played out.

>>	Anonymous Thu Dec 10 18:05:10 2015 No.993340 File: 142 KB, 1915x906, gx.jpg [View same] [iqdb] [saucenao] [google] >>993329 >when it had literally no transaction volume? Coming from someone who actually traded then, you have no idea what you're talking about

>>	Anonymous Thu Dec 10 18:07:12 2015 No.993342 >>993333 Now that you can measure it to. Today the transaction volume has fallen considerably. And so has the price.

>>	Anonymous Thu Dec 10 18:07:48 2015 No.993343 >>993340 If people were buying buttcoins at 1k then it just goes to show how retarded the currency is.

>>	Anonymous Thu Dec 10 18:09:05 2015 No.993345 File: 161 KB, 1921x910, hu.jpg [View same] [iqdb] [saucenao] [google] >>993342 >Today the transaction volume has fallen considerably I refer you to >>993311 >factsrfactsguis

>>	Anonymous Thu Dec 10 18:09:06 2015 No.993346 >>993340 I was obviously talking to the other guy and accidentally misquoted you dunce. If you compare the transaction volume 3 years ago when it was unknown and the transaction volume today there is no comparison.

>>	Anonymous Thu Dec 10 18:10:43 2015 No.993348 >>993346 >volume goes up >bad thing It's like you selectively hear "facts are facts" to suit your own means, and ignore everything that doesn't suit you.

>>	Anonymous Thu Dec 10 18:10:57 2015 No.993350 >>993345 Why would you refer me to a chart that show price numbnuts?

>>	Anonymous Thu Dec 10 18:11:56 2015 No.993352 File: 1018 KB, 300x167, 1449279003534.gif [View same] [iqdb] [saucenao] [google] >>993350 Do you know how to read volume on a chart?

>>	Anonymous Thu Dec 10 18:13:06 2015 No.993355 >>993348 >volume goes up since it was was unknown >thinks this means anything >volume goes down after it peaked in 2013 >doesn't know this is all that matters

>>	Anonymous Thu Dec 10 18:14:17 2015 No.993357 >>993352 >Transaction volume = price Just leave the thread already lol

>>	Anonymous Thu Dec 10 18:16:28 2015 No.993358 >>993337 >November 2013 So you were late to the game by 5 months. Them grapes are so sour for you.

>>	Anonymous Thu Dec 10 18:17:27 2015 No.993359 >>993355 >volume goes down after it peaked in 2013 But that's categorically wrong >>993340 >>993311 >>993357 Okay, I genuinely think you are retarded

>>

Anonymous Thu Dec 10 18:19:58 2015 No.993362

>>993358
Pretty much. Except no sour grapes. I think the people who did buy before November 2013 got really lucky and am happy for them (assuming they sold before it tanked). They rode the hype and then cashed out at the peak. Those days are far gone though.

>>

Anonymous Thu Dec 10 18:21:09 2015 No.993363

Ideally buy something with intrinsic value and diversify into several asset classes.

Don't buy bitcoin, it's a modern medium of exchange not a store of value.

Hold cash if you worry about losing money.

I like being contrarian so commodities, especially oil, look like good value to me.

>>	Anonymous Thu Dec 10 18:22:53 2015 No.993366 >>993359 You were the one that posted the transaction volume chart you jackass.>>993293 Sure looks like the transaction volume is lower to me. Get a fucking clue and stop posting.

>>	Anonymous Thu Dec 10 18:27:00 2015 No.993369 >>993366 Lower than what? It's peak for a week? The past average month t/v is at an all time high >Get a fucking clue and stop posting.

>>	Anonymous Thu Dec 10 18:30:27 2015 No.993375 File: 42 KB, 568x256, image.jpg [View same] [iqdb] [saucenao] [google] >>993366 Youre that same grumpy abusive person that posts in a few of the bitcoin threads. Youre not funny and i think you need a break from 4chan.

>>	Anonymous Thu Dec 10 18:32:49 2015 No.993377 >>993369 Lmao its peak for 3-4 month >The past average month t/v is at an all time high Wrong. Your guys little pump and dump isn't bad but is pathetic compared to the one in 2013.

>>	Anonymous Thu Dec 10 18:34:36 2015 No.993381 >>993375 Naw I think there's a few grumpy guys in here. You're the same little shit that shills this every week though. Same bullshit different day.

>>	Anonymous Thu Dec 10 19:22:57 2015 No.993424 >>993037 bitcoin precious metals, don't buy housing until the bubble bursts.

>>	Anonymous Thu Dec 10 19:24:28 2015 No.993428 >>993293 Transaction volume is irrelevant, it's just the chinese exchange bots that have no trading fees swapping amongst itself.

>>	Anonymous Thu Dec 10 19:30:43 2015 No.993436 >>993362 >>993357 5 reasons not to buy into the bitcoin hype. https://medium.com/@KawaiiHolocaust1488/5-reasons-why-not-to-buy-into-the-bitcoin-hype-e2842804428e You should checkout by blog >>993358

>>

Anonymous Thu Dec 10 19:41:57 2015 No.993451

>>993428
So your argument is that the transaction volume is probably much much lower. Agreed. That's sad because it's already only a fraction of PayPals total daily volume even after 6 years. To compare PayPal exploded to mainstream use after only a year. The amount of total PayPal users make total Bitcoin users seem like a little tea party among friends.

>>

Anonymous Thu Dec 10 19:56:55 2015 No.993463

>>993037
You could just keep reading zerohedge.com ... but seriously, just buy some under valued foreclosures and fix them up a bit to rent. Rents won't go down in a collapse, possibly up. And if you buy right, who cares if there's another real estate pop. When it pops by more. Average down. Real estate is the best physical asset.