/biz/ - Business & Finance

>>30419745
>normies will never use it
Bro. We don't need it to go to #3 to make a killing.
If it goes to rank #100 on coinmarketcap thats 15x.
Thats what i'm saying.
I'm not saying grin should be #3 or even #10 or even #50.
I'm saying #500!?!?
For a project with some of the most competent devs in the space.
Thats sitting on a 5 million dollar development fund!?
In bitcoin not their own shitcoin.
Bitcoin that was raised through donations with no benefit to those who donated other than to help.
Try to see the bigger picture here.

>>30349185
Smort

>>29929112
Learn your lesson and it will have been the best money you ever spent.

I have a personal rule that I follow religiously.
I never sell an asset thats crashing.
If you only ever sell on the way up when you think the bullmarket is getting over extended, and even then you only ever sell part of your stack, you will make money.
Getting rich isnt about catching all the rockets.
Its about consistent gains and LIMITING LOSSES.

>>29872031
Simple anon.
That which can not go on forever will not go on forever.
If you understand basic economics you will understand that suppressing the price of an asset cause misalocation in the real economy.
It causes manufacturers to use too much silver and choose it over alternative materials when they should be choosing alternatives.
And it causes producers to produce less of it.
Eventually this WILL result in a shortage and the real price WILL rise as a result.
Its all a question of when.
But you can look at how much is consumed in industry and how much is produced every year and you can see that those figures ARE converging.

>>29194242
Its called a giffen good when a good has an incrase in price cause an increase in demand.
Sometimes this phenomenon shows up in financial assets.
It usually causes them to slosh back and forth like bitcoin and gold.
Silvers however is treated as a commodity?
Why would a commodity be a giffen good?
It makes no sense...
Unless silver is secretly a monetary metal that the jews want to subjugate into a commodity role...
If that were the case they would need to force the price down to prevent monetary demand from increasing.
If that were the case silver would be a tinder bundle waiting to ignight at any time.
Just waiting for its giffen nature to show its self as demand increasing from price increasing rather than only showing its nature as demand remaining low from price remaining low.
If that were the case then creating supply shortages could be extremely dangerous to the elites who try to keep it unmonetized...

Here is a question.
What are the chances that tesla,
One of the largest silver consumers on the planet,
Just bout 1.5 billion in bitcoin but isn't quietly stacking silver right now as we speak.