/biz/ - Business & Finance

>>8967384
only 16.7859. working on to get 21.21

50 Bitcoin (BCH). gonna make it so hard

>>8967384
>biz buys at 980k

>>8967441
lol at the market cap and liquidity
You will be happy being able to find a buyer in 3 months

>>8967465
just keked so hard at the absurdity of btc being worth 980k and biz literally buying in then

>>8967788
Think again.

>>8967465
>>8967788
That's $10m brainlets.

>>8967441
This

>>8967384
Who makes these? The parabolic lines they draw as a range is completely arbitrary. No one says it has to trade there, hell it can trade below your lowest purple line and never go above it ever again.

if you're buying crypto in this scenario you're preserving the purchasing power of your money.

You won't get wealthier.

>posting parabolas on a log graph
>parabolic parabolas

literally retarded, anon

>>8967384
brainlets will never realize that main reason for btc to climb up 1m is that usd is kill

>>8968547
By buying and holding Bitcoin you always get wealthier.

>>8968579
>2008
>hurr durr USD is kill
>2018
>hurr durr USD is kill
*you are here*
>2028
>hurr durr USD is kill
>2118
>hurr durr USD is kill

The micro currency is gonna pop at the next recession. It will literally be worth nothing.

>>8968579
Not really, you aren't aware of how much money is out there sitting on dumb places which will inevitably come to the capital B blockchain, for many reasons, including bond markets collapse, memestocks collapse, the end of tax havens (and no, no one will use any of the "anonymous" memecoins), underperforming gold and so it follow.

>>8968663
micro currency *bubble is going to pop

>>8968633

>hurr durr the us dollar will be forever as strong as it was in the 90's when the us and its allies were 80% of the world gdp

It's like retards live in a parallel universe where third world countries like china and india are still stuck in the 60's

The dollar is a fucking joke. The economic cycle is over it's time for another 2008 after all of the QE. This time the fed has no tools to counteract as interest rates are low already.

>>8968663
>micro currency
?
why will they pop?
this means btc moon?

>>8968579

Brainlets also don't realize it's already kill.

Tether is a way to counterfeit USD which the govt. can not and will not stop. Petrodollar is out. Fiscal deficit projected over 1 trillion by 2020. Average american lives paycheck to paycheck, and the average millennial has debt which cannot be escaped through bankruptcy; which has never happened before in the history of the US.

BTC will hit over $1 trillion eventually, because a dollar won't be worth it's paper.

>>8968547
If everyone else gets poorer, you get wealthier

>>8968836
More likely you're keeping your wealth while others become dirt poor.

>>8968811
What do you think the scenario will be like when the USD finally crashes? I mean, it has to fucking die one day doesn't it? (((They))) can't keep getting away with it forever right? The house of cards has to collapse eventually

>>8968945
But if debt is measured & fixed in USD... : )

Not a bad time to get a mortgage IMO

yellen retired

they are called PowellTokens now

>>8968955
Das rite.

Use USD denominated fixed-rate debt to accumulate assets.
USD crashes.
Assets now basically free.
????
Proft.

>>8968955
>>8969042

What about collapse of society? There will be gangs raping and pillaging. It will be the biggest collapse in history, Weimar like shit.

>>8969102
>>8968952
Rome took 500 years, we still got the best years ahead of us.

https://www.youtube.com/watch?v=H_EO5BW_gBg

(ai translate is decent enough)

How big will McAfee's autistic metldown be if BTC first hits $1m in 2021?

have you forgot it's never going to be over $15k again?

>>8969102
It might be that bad and it might not. In the past couple of decades, several countries have had local currency crashes without things getting anywhere near that bad. Argentina is an example.

>>8968633

>>8969204
Assuming exponential timeframe due to the information age, make that 50 years - still enough time to enjoy our wealth before we die. We'll pass on the scraps to our kids as they survive a nuclear wasteland.

>>8969438
>passing on scraps to kids in a nuclear wasteland
>not bulding a legacy of pretty nobility in a neo-feudal technocratic society