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/biz/ - Business & Finance


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27874847 No.27874847 [Reply] [Original] [archived.moe]

Hundreds of millions of Americans getting $1400, where at minimum 20% of them will chase these crypto pumps they keep hearing about.

Further, loss of confidence in USD leads to run on cryptocurrencies.

How do we make money off of this?

DOGE? Eth? BTC? XRP?

Let's talk plays.

>> No.27874936

>>27874847
Mainframe.
Do yourself a favor and buy a stack

>> No.27875240

>>27874847
shit, got no more money, everything is in shitcoins and I don't wanna pull them out

>> No.27875284
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27875284

>>27874847
>1.9 Trillion
>Mega Pump
Here's what's actually going to happen. The eviction moratoriums are going to be lifted before the checks go out. The money is immediately put towards mortgages and rent among the fiscally responsible, and spent on consumer goods by the irresponsible. Less than 1% of that money will find its way into cryptocurrency.

>> No.27875420

>>27874847
AAVE. COMP. ETH.

>> No.27875441

fuck
why even work now
my pay means nothing
its more of a meme than doge

>> No.27875617

>>27875284
/thread
Only /biz/ will have people who put 100% of that check into crypto.

>> No.27875817

>>27874847
>Hundreds of millions
Wrong. Fewer than one hundred million qualify with the new income limits:
https://www.washingtonpost.com/business/2021/02/03/biden-stimulus-checks-what-you-need-to-know/

>> No.27875878

>>27875817
Good. They should limit this free money to those making $20K and under
t. $8K wagie

>> No.27875919

>>27875817
>Adult dependents finally get gibs
FUCKING FINALLY MY GIBSMEDAT

>> No.27876189

MONEY
PRINTER
GO


BRRRRRRRRR

>> No.27876266

i got 2 kids.

This gonna be like the last one? Am I gonna get per person I wonder?

$5600 would be nice. Got $2400 the other day and $3400 back in april

Dam governments gonna give me $17500 for the year after i file my regular taxes.

Whats thing really gonna cost me down the line?

>> No.27876368

>>27876266
oh plus my unemployment boost which pretty much make it the same amount of money i made when i was working. Almost $45000.

Thats pretty good money in dumpwater florida where i live

>> No.27876536

>>27874847
guess im buying more metals (and some BTC while im at it)

>> No.27876611

>>27876368
I hope it's worth it for killing this country

>> No.27876637
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27876637

>>27876189
you forgot the image

>> No.27876883

>>27876266
Your human rights and dignity.

>> No.27876886

>>27875817
Also wrong. That is a suggestion not a rule and most members of Congress want it to be for 75k and down

>> No.27877095

>>27876611
this lol

>> No.27877161
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27877161

>>27876637
BBBBBRRRRRRRRRRRRRRRRRRRRRR

>> No.27878130

I am now going to expand my position from 50% silver to 80%, fuck fiat and I don't trust the government to not do everything in there power to make crypto illegal once fiat starts failing.

>> No.27878287
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27878287

>>27878130
Based. You're smart, anon. I'll buy more as soon as JPM-chan smacks prices back down to $23 before all hell breaks loose.

>> No.27878379
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27878379

>>27876637

>> No.27878384

>>27874847
Subtle IQ test.

If you don’t put that shit in crypto with at least a 70/30 BTC ETH ratio you’re legit not ganna make it (and maybe shitcoin of choice). No way are stimulus checks sustainable. They’re crashing this shit slow and steady. Frogs in a boiling pot. COVID was the biggest PsyOp yet. Not meme-ing.

>> No.27878397

>>27878287
HOLY SHIT JELLY. Yeah I'm gonna try to lower my dollar cost average for the next year, I don't think shit will really hit the fan for a year or so. Complete currency crash in 2023ish imo.

>> No.27878445

>>27875284
Sorry but I didn’t lose my job so it’s all going into crypto

>> No.27878542

>>27878397

I have a feeling you won't have until next year, anon.
If Basel III gets implemented, we're going to see real price discovery like never before.
But I'm willing to bet the jews will kick and scream their way out of that one.

>> No.27878610

>>27878542
Can't they just delay Basel III, haven't they before?

>> No.27878612

CLF

>> No.27878625

>>27874847
>people that need money will dump their money on crypto

>> No.27878705

>>27874847
Not everyone is getting a check.
They made it so only those making less than $50,000 will get it.

>> No.27878915

>>27878610

They probably will. Remember, anon, the banks regulate themselves and find themselves not guilty every time.

>> No.27879482

>>27878542
>>27878610
>>27878915
qrd what is this basel shit frens?

>> No.27879966

>>27879482
>Basel III
banks having to keep a minimum amount of capital to cover loans

>> No.27880064

>>27876883
This

>> No.27880120

>>27879966
so a lowering of reserve requirements? i thought some already had 0% reserve requirement as of last year?

>> No.27880163

Lets be real, most of this is going to doge.

>> No.27880339

>>27875817
> ADULT DEPANDANTS
GIBS ME DAT, MOMMY WE RICH NOW.
T. 18 year old neet

>> No.27880649

>>27874847

boomers are gonna use it on silver. you gotta get into the normie mindset. yeah autists like us and peripheral types will buy BTC but the real pump will be silver. I doubt there will be a squeeze but wouldn't be surprised to see it go to $50 / oz

>> No.27880684

>>27875284
>thinking they are going to lift the eviction moratoriums in clown world

>> No.27880740

>>27874847
lmao, they'll only give checks to niggers. buy $NIKE

>> No.27881048

>>27880120
All of them do.
Al of them.
0%.
All of them.

>> No.27881177

Americans have far too many money handouts.

>> No.27881377
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27881377

Honestly I don’t even understand my own fucking country anymore. So does this mean that the bill passed? What the fuck does this mean? Because I read something that said it’s going to the House now. So what the fuck was the point of this? Shouldn’t it have gone to the House first and than the Senate?

>> No.27881481

>>27874847
You all know this will pump Bitcoin to over 9...0000!
Aaaand Eth to probably 20K.
Aaaand Link to $1000. End. Of. Year.
We did it boys.

>> No.27881633

>>27875284
The landlords and banks will then try to invest everything into shitcoin but the Etherium prices will make their transactions fail and transfer all the stimulus checks straight to their rightful owners: the miners of shit coins.

>> No.27881661

>>27875617
based
exactly

>> No.27881796

>>27881048
To be fair it was always bullshit. Always. Bankers have always issued more notes than reserves.

>> No.27881902

>>27881633
this outcome would be keyed ngl

>> No.27881904
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27881904

if the nigs r getting money we need the guy who made McDonalds coin to make Popeyes coin real quick

>> No.27881907
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27881907

>>27876189

>> No.27882006
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27882006

>> No.27882008

>>27875284
this. its literally just going straight from the gov back to the banks. they might as well cut out the middleman of us

>> No.27882069
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27882069

>> No.27882142
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27882142

>> No.27882513
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27882513

>>27876637
*sounds of a balloon inflating echo in the distance*

>> No.27882777

>>27875878
How the fuck is it even possible to only make $8k a year working a job? 20 hrs a week at minimum wage? God damn anon go work at McDonald’s and make 4 times as much

>> No.27882890

>>27875284
>1% of 1.9 Trillion
19 billion into crypto
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.27883377

I has 2k to spend and i have no idea what I’m doing. Pls help me make some shekels

>> No.27884560
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27884560

>>27874847
XRP THE STANDARD NO DOUBT

>> No.27884629

REN

>> No.27884675

>>27881633
Bullish for AVAX

>> No.27884817
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27884817

You know what this means gentlemen. We must short the US dollar.

>> No.27884840

>>27882777
cheched
>$8k a year
>working
>implying

>> No.27884903
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27884903

>everything is fine guise pls just relax

>> No.27884971

They go to pump Axia

>> No.27885108
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27885108

>>27884817

>> No.27885288

>>27875284
It will become a shitcoiners market
Everyone will pump doge get ready to buy. Next will probably be since its another DOGE Shibe

>> No.27885722

>>27884560
I wish we could short XRP

>> No.27885786

>>27884903
who is fred?

>> No.27885913

>>27885722
You can nigger, just go to Binance and short it, we need all the liquidations we can get

>> No.27885946

>>27881377
it can start in either house of congres

>> No.27886001
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27886001

>>27874847

https://stocktwits.com/symbol/CLF

$CLF
02/04/2021
>"New orders for manufactured goods in December, up eight consecutive months, increased $5.2 billion or 1.1 percent to $493.5 billion, the U.S. Census Bureau reported today."

https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf

---------


$CLF
02/04/2021
>"US trade court dismisses challenge to Section 232 steel tariff"

https://agmetalminer.com/2021/02/04/this-morning-in-metals-us-trade-court-dismisses-challenge-to-section-232-steel-tariff/

>> No.27886021

>>27874847
Any idea when the checks come in? Straight up have all the normie coins that coinbase offers as newfags will use that like crazy for LTC BTC DOT ETH etc. Once they moon straight to stablecoins and wait for the smart money to correct and boom buy at a discount again. Easy peezy. Honestly Im thinking trash LTC will moon the hardest.

>> No.27886140

>>27875284
Fucking finally. I sold my condo in June waiting for this shit to happen. Bout time.

>> No.27886144

>>27885786
he's big finance guy who makes cool graphs for autists to sperg over

>> No.27886597

>>27874847
Id be surprised if 3 percent of the us population use the stimulus for crypto.

>> No.27886902

>>27876611

Not turning it down. Would you?

We have no power over any of this

>> No.27886968

>>27878130

You cant make crypto illegal its impossible. You would have to ban the internet 100%

>> No.27887163

It’s not about the money making its way into crypto you retards it’s about the value of crypto skyrocketing because the value of the dollar will be plummeting (more)

>> No.27887310
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27887310

>>27876637
yes I'll take one loaf of bread please

>> No.27887313

>>27882890
OOOOOOOOOO

>> No.27887384

Bitcoin has the most name recognition and is the most attainable. You can buy at ATMs, cash app, robinhood, etc.

But honestly doge

>> No.27887536

Where is the best place to buy BTC, who’s got the lowest fees?

>> No.27887623

>>27874847
why did they force trump to only give $600 when we could have had $2000 at that time instead of need to wait for "OUR party" to distribute the rest? I genuinely wish someone would behead these fuckers and everyone who supports politicians

>> No.27887712

>>27887536
CoinMetro

pro.coinbase.com is much more popular though

>> No.27887732

>>27874847
Who the fuck is Kvue news? I'll believe it when the money is actually in my bank.

>> No.27887752

i am pumping $GME

>> No.27887771

>>27886968
They could EASILY make it illegal for people to buy crypto. They could also make it illegal to purchase goods and services with crypto

>> No.27887886
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27887886

>>27887771
>777

>> No.27888025

>>27887771
Only newfags think this.

>> No.27888108

>>27876611
>>27876883
>>27877095
I believe that if you're not cashing in on it and buying necessary supplies for what's to come then you are a fucking retard. 17k for 2020 in stimmies and UI, you could by thermals for a rifle, NVGs, you should've bought a shitload of ammo, perimeter defense/surveillance, and the list goes on. Now it's too late for most of that, but as everyone here knows someone has to be left holding the bag and if that's you then that's you.

>> No.27888142

>>27888025
Care to make an actual argument and tell my why I'm wrong?

>> No.27888143
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27888143

>>27874847

>> No.27888213

>>27874847
The money will go to things like food and bills not your fucking crypto

>> No.27888244

>>27875441
I quit my job last month, my portfolio has already gone up by more than I would have made this entire year anyway kek

>> No.27888307

>>27888142
Not spoonfeeding you but I'll give you a hint. Not even oppressive countries like China can stop the loss of faith and confidence of government.

>> No.27888312

>>27888025
Only newfags think the government wouldn't do this. You must be real new here. I can smell it on you.

>> No.27888373

>>27888025
oh my sweet summer child... you have no idea how miserable your pitiful little life can be made by bureaucrats

>> No.27888428

>>27888312
>>27888373
How long have you guys been in crypto and have not learned how the concept of money or power works? They are similar.

>> No.27888457

>>27878130
They will make privately owning gold and silver illegal too.

>> No.27888476

>>27876266
And to think everyday people in the weimar republic had millions of marks
I guess they weren't worth very much

>> No.27888497

>>27876611
>I hope it's worth it for killing this country
Let it burn for all I give a fuck, nothing is achieved, nothing is built, and it seems like everyone is too much of a pussy to do anything about it. If you aren't taking these payments and turning them into protection your pretty much a dead end.

>> No.27888505

>>27888213

it's already going into crypto, look at Ethereum

>> No.27888514

>>27888428
the moment you spend crypto in public you WILL be identified. there's no other way around it unless you create your own silk road 3

>> No.27888530

I just get the feeling the commodities are going to skyrocket across the board from all this printing. Gold silver steel timber oil food everything is going to inflate

>> No.27888685

>>27888505
>implying the pump was caused by welfare retards

>> No.27888719

>>27888530
business aren't failing because things are expensive.
businesses are failing because they don't have money at all
Hedhe funds made billions doing....
nothing.
k

>> No.27888740
File: 476 KB, 2048x1536, gamestop_store-front.jpg [View same] [iqdb] [saucenao] [google] [report]
27888740

it is all gonna go into gme

>> No.27888757 [DELETED] 

>>27888514
Obviously it's public, but it's not majority used for illegal shit. Physical paper dollars are the most used for illegal activities, drug lords literally hoard them. But we're talking about making it illegal. Which, they couldn't if nobody gave a shit about current establishment governments anymore and if fiat currency becomes worthless.

>> No.27888775

>>27874847
Normie money will go on boomer coins. If it's not on paypal, they're not going to buy it.

Also expect normie paper hands to be shaken out at the smallest disruption, so while they will be pumping, they will be more turbulent.

>> No.27888838

>>27888719
I’m not saying I don’t think businesses should get some money, this is /biz/ where /biz/nessmen make money if you are positioned in any commodities companies you are going to make a tonne of cash in the next few years

>> No.27888839

>>27888514
Obviously it's public, but it's not majority used for illegal shit. Physical paper dollars are the most used for illegal activities, drug lords literally hoard them. But we're talking about making crypto illegal. Which, they couldn't if nobody gave a shit about current establishment governments anymore and if fiat currency becomes worthless.

>> No.27888894

>>27875284
ALAKA-BLAM
>OP BTFO

>> No.27888960

>>27888142

learn some computer science first.

If you think it willl be banned, you need demonstrate how government can do it

>> No.27888967

>>27888839
they can make exchanges illegal though

>> No.27889052

>>27888967
Thats why you're supposed to hold your own crypto, I'm sure you have heard of Mt. Gox.

>> No.27889102

>>27881904
if nigs get it we must make a meme coin for farming cotton

>> No.27889256

>>27874847
Hundreds of millions Americans and hundreds of millions of illegals too! Invest in 20 year old Honda Civics!!!!

>> No.27889296

Already priced in. Move along

>> No.27889313
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27889313

>>27874847
Ironically AMC. The normies who had no money and felt like they missed out on the memes will pump it like mad.

>> No.27889862

>>27887771
bro gtfo
this about the head xrp fagget saying something like "xrp will be worth wayyymore in the future, like $0.74. Definitely number go up" and hella other faggots got their panties twisted but the irs said crypto is property, the same as a book or car and not a stonk or any kind of currency. so wtf is the sec going to do to?? they dont know about this.

>> No.27890438

>>27889052
yes but it makes it much harder to buy and sell

>> No.27890535

>>27880339
>>27875878
HOLY SHIT BROS WERE FINALLY GETTING SOME TENDIES

>> No.27891547

>>27878612
can I get a quick rundown?

>> No.27891584
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27891584

>>27874847
NORMIECOINS IS code for blue chip. There absolutely will be an influx of mainstream money into crypto. Probably a considerable amount more than would have, due to that bullshit with stonk. Any blue chip will bring you gains. Diversify,

>> No.27891724
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27891724

>>27888244
not only checked but also based late-focker plus-size eater

>> No.27892275
File: 380 KB, 960x958, PSX_20190226_012434.jpg [View same] [iqdb] [saucenao] [google] [report]
27892275

>>27876611
>browsing /biz/ and still doesn't get that money isn't real.

Pic related

>> No.27893261

>>27874847
This means niggers will buy. Do you know what coin niggers will like to buy? I’ll give you a hint it’s the most popular cryptocurrency in Africa.

>> No.27893469
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27893469

>Give the goyim more disney bux

>> No.27893732
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27893732

>>27884817
aka forex into other currencies, its no secret the USD is devaluing and people are buying literally anything. Australian Dollar, Euro, Yen the fucking pound. all stronger thanks to the USA's shitty fiscal policy.

Note this is also really bad because it cucks exports. In Australia's case we are attempting to lower our dollar through our own QE and low interest rates.

You heard that right, our solution to NA nuking its currency with QE is for us to nuke our currency with more QE. shits about to get apocalyptic.

>> No.27893990

>>27874847
How do I into FOREX and what currencies are safe right now?

>> No.27894037

>>27874847

Efferiums

>> No.27894072

>>27875284
the plan extends the eviction protections until the end of september. it also ups the child tax credit from 2k to 3k and 3k for kids under 6 and makes it fully refundable and a monthly payment instead of a tax credit meaning families are going to be getting 250/300 a month per kid. It also gives $400 weekly unemployment and is attempting to raise the minimum raise to 15. there is going to be a shit ton of disposable income going around

>> No.27894077

Rofl, this thread is dumbing hard

>> No.27894095

>>27874847
ETH :)

>> No.27894144

XLM
ZRX
XRP
CVC
DOGE
DNT

Whatever is on coinbase that is below $1 or slightly above $1. Doge will be bought on another platform.

If Doge goes to coinbase that shit will moon.

>> No.27894180
File: 3.16 MB, 640x360, sdrqw423423rwsafdsdfwaet.gif [View same] [iqdb] [saucenao] [google] [report]
27894180

Why do I have to pay taxes if these bastards can just print money at will?

>> No.27894293

>>27888457
I can't wait to see them try telling the military to go door to door while chimp riots are happening in the cities.
>>27886968
Have you been paying attention? They can remove opinions from the internet even if the majority believes them. Can't wait for the shock when the government announces they are going to use facebook's libra as a currency, all other cryptos are banned, if you're a bad goy your libra will be confiscated.

>> No.27894298

>>27894144
doge will never moon because there is an infinite supply of them, Elon pumped it one last time because he felt sorry for the people who aped in after GME

>> No.27894309
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27894309

>>27875284
didnt lose my job and i dont pay rent so 100% of its going into crypto lul

>> No.27894326

>>27876611
america is already a dumpster fire. would rather have that money go to us than to government bloat.

>> No.27894367

>>27878625
don't underestimate greed

>> No.27894407

>>27876266
see my previous post you will be getting 500/600 per MONTH and I'm pretty sure that will be a permanent thing. Just be aware that the monthly payment is the tax credit so if you normally are expecting the 4k tax credit it won't be there because it's been given to you throughout the year. Also there's a 50% day care credit up to 4k, 8k for 3+ kids meaning if you spend 8k on childcare you will get half of it back. all this shit is refundable too

>> No.27894449

20% what a fucking joke. Maybe 20% of millennials and zoombers but that’s it

>> No.27894494

>>27894180
to pay the interest on that money

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