/biz/ - Business & Finance

>>57944698
11 billion is literally nothing, you can't even retire on that in the current year

>>57944698
11bln combined is nothing for those people.

>>57944698
Who's that feral ghoul he's with?

>>57944698
these guys are always selling stock to fund their satanic endeavors

>>57944698
>staggering
mmhmm

>>57944698
And how many shares have they sold annually for the past 5 years?

>>57944698
Remind me how much Bezos is worth, now think if 11 bil is a lot. That is play money for these people. The same amount I use for shitcoining <5%

>>57944698
>0.025% of their combined net worth

>>57944698
They are all buying selling their stocks to buy Bitcoin obviously.

>>57944734
>these guys are always selling stock to fund their satanic endeavors
Jamie Dimon sold J.P. Morgan stock for the first time since being appointed CEO in 2000.
He went 24 years without selling. This is not a regular occurrence.

>>57944698
Cyber pandemic incoming.

>>57944698
They are all selling their stocks to buy Bitcoin obviously.

>>57944698
This year, the same thing will happen again:
/biz/ making white people rich
/pol/ making white people miserable
Just the way it's always been.

>>57944698
What they don't tell you is that selling that amount of close to it every year as part of regular hedging is fairly normal for actively managed funds anyway. How much did they sell in 2023? How about 2022?
Somebody saw an opportunity for a grabby headline and ran with it but these sellings are all publicly available online. You might be surprised how much gets sold every year.

>>57944698
They're buying up BTC you dumb nigger. USD, cash and coins will be pronounced worthless in 2029. Those that don't buy BTC now will have to transfer it at mega-high, inflated prices to control the population. I would recommend buying all dips from now on

>>57944698
The dreaded fembog is here. Their will lives on. Exit all markets

>>57944874
Hilarious to think that these "genius" business moguls, captains of industry, are buying now instead of when it was at 20k.

Real answer: WWIII

>>57944698
I'm guessing to pay debts due to the higher interest rates, these kinds of people are usually loaded up to the gills with debt as they took advantage of the previously low/zero interest rates to gamble.

>>57945422
They understand that it doesn't matter. It all goes to zero against BTC.

>>57945434
Yeah, but not in the near future.
It will play out like this:
>North Korea vs South Korea - proxy war to test the new weapons
>Taiwan reunification
>China takes Japan
>China takes Siberia
And only then, when China has Japanese industrial powers, Taiwan chips and Siberian oil, the WWIII will finally start. It will happen only after 2027, so it will be the next crypto cycle.

>>57945483
This kek

>>57944730
its the most aesthetic face that modern medicine can create

The boomers will all invest in BTC ETFs. BTC will naturally pamp massively and we'll all feel rich. Then the cyber pandemic will start. The banks will get hacked and Russia will be blamed for stealing all the BTC. Then the boomers will cry for government to help but the response will be "sorry we can't do anything because we don't control the BTC blockchain." So in the aftermath BTC will be banned, since Russia stole all of them. We'll be introduced to FedCoin, the new CBDC, where next time a disaster like this happens the Government will be able to do something. Isn't that nice?

>>57944906
yep thats why i stay on here and only use pol as a launch pad for further research/curiosity.

>>57945862
How to avoid be hacked ser? Is trezor enoughs?

>>57944698
Bank bailouts are ending today. While many people will say "This has been priced in", it hasn't. Most people barely understand it and it hasn't been ran in the media at all. In fact its difficult to find any articles from major media corps on it despite it being one of the most important economic events this year.

https://www.reuters.com/markets/us/fed-allow-emergency-bank-lending-program-expire-march-11-2024-01-25/

Remember all that "systemic risk for banks"? It's coming back. Everything is overbought, and bank problems are a good indicator for a recession, not to mention the fact that unemployment keeps rising slowly, up to 3.9. Also, all of the previous monthly job creation stats have been revised under the biden administration. Basically. Too many lies and fomo, the important numbers not being discussed.

I'm in LABD, maybe good crash this week, maybe not. However there is good reason to stand aside and close long positions.

There is gamma on SPY 515. As long as we are below 515, I'm bearish.

Occam's razor.
Big crash is coming.

>>57944866
Checked and correct, I heard it will have COVID like characteristics.

>>57945862
Lol i could unironically see that scenario. Though Fedcoin will probably be a fork of btc

>>57944698
>jeet worships dumb billionaires

kys apu

>>57947728
Why would it be a fork of BTC? It will be something that they can control, something on a private ledger, premined, with cheap and fast transactions. Or one of those "shit coins" the BTC maxis talk about.

>>57944698
they all have massive debts and with interest rates rising it will cost more than they will net from their stock appreciation

>>57946919
Surely something is on the horizon

>>57948073
Could be they see which way the wind is blowing. There's more money to be made in crypto. Pretty much everyone is getting into crypto and transitioning from stocks. Blackrock btc ETF was just the beginning.

>>57944698
every time some billionaire sells one single share of something they post the same article..
zuckerberg sold 638million but hes worth 179 billion this is not news

>>57949483
>worth
Cool. I'm worth 1m. Doesn't mean I have that in my bank acc

After Trump wins, they let it all collapse.

>>57944906
I agree with this. What effect does /mu/ have?

>>57944730
HEY SMOOTHSKIN

>>57945862
This is a likely scenario desu senpai

>>57945422
they were buying while they were talking shit about it. They were buying in 2015. Dimon slipped up when he first said he held btc

>>57945862
Any retard storing fucking BITCOIN in a bank deserves to lose their money

>>57949584
this

This doomsaying nonsense is ridiculous. There'll certainly be a crash, because there always is, but this isn't any kind of warning sign. Rich people are selling a small portion of their stocks because we recently reached a new stock market ATH. Pretty simple. They haven't exited their postions fully, just cashing some profits. I'm sure if we go higher, they'll cash more out, because that's what you do to make money. Super simple shit. Viewing anything other than "hodling" with suspicion is why you can't make money.

>>57944698
>STAGGERING
>meanwhile US debt is gaining trillions
>...
Juh

>>57949561
the value of stocks fluctuate as does the buying power of fiat .. are you just finding this out now?

>>57944724
basically this
my grandpa retired last year with only $10 billion and he has to eat dog food just to survive

>>57949688
They're selling because of pic related (you know nothing)

>>57945862
I will be the first one to address the elegant in the room: the frog of yours is simply majestic.

>elite are cashing out stock
>BTC is poooomping
Gee, I wonder what's happening? I'm sure USD will gain value in 2 weeks and they aren't just rotating to a harder asset because the gov won't stop shitting out fiat!

>>57945862
Dull little statist slavemind. Before BTC fixed units of account did not exist, now they do, banning BTC does not remove this knowledge. Second, BTC's systemic economic function (store of value) is not new, BTC is just better at it, banning it does not yield any boon, only less efficient economic calculation.

Cyber polygon. My guess is it all goes down right before the crash starts so everyone gets locked into their positions, then when all the computers come back on the market is at the bottom and everyone has lost everything. They will have all the dry powder to swoop in and buy it all up. You vil own nothing.

>>57944698
It reminds me of pre-COVID plandemic, when a lot of CEO stepped down (Bill Gates and so on).

I'd bet on the global internet shutdown (that would be attributed to Russia or China).