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/biz/ - Business & Finance

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File: 65 KB, 828x1043, 213CA0CB-865B-4511-AEFE-004CDCFA6D5D.jpg [View same] [iqdb] [saucenao] [google]
28051786 No.28051786 [Reply] [Original]

>> No.28051822

>>28051786
its not

>> No.28051829
File: 135 KB, 828x954, 8DD877AD-9615-4D94-BE92-34083A549852.jpg [View same] [iqdb] [saucenao] [google]
28051829

Especially compared to this?

>> No.28051867

It's not, expect a crash within the next 3 months

>> No.28051872

HOW DFOES MONEY WORK? PLEASE SOMEBODY HELP[

>> No.28051894
File: 82 KB, 1000x500, Value+of+a+Dollar.png [View same] [iqdb] [saucenao] [google]
28051894

Just about as sustainable as this

>> No.28051904

>>28051786
use log newfag

>> No.28051921

>>28051786
>every developed economy prints a metric gigaton of FIAT currency for the better part of a year
>how did BTC get pumped this high?

>> No.28051952

>>28051822
/thread

>> No.28052038

It's not, that's why we're crashing since 42k. Expect sub 20k before eoy

>> No.28052050

>>28051786
The chart looks fucked because you're comparing bitcoin when it was useless to when it isn't. Same with all the other coins. If you zoom in to the last few years the chart is comfy.

>> No.28052064

>>28051921
So what your saying is it is going up because of more people pumping money that was recently printed into it? I’m not economically educated. But I didn’t fall for rubic lol.

>> No.28052078

>>28051786
Its not

>> No.28052130

>>28052050
So it’s more useful now because it has actual value?

>> No.28052137
File: 20 KB, 400x400, EBB72173-FCE0-48F7-8AEF-264820A0650F.jpg [View same] [iqdb] [saucenao] [google]
28052137

>>28051894
That graph looks like it represents something very bad... or am I retarded?

>> No.28052146

>>28051786

It is.

Also buy CLF

https://stocktwits.com/symbol/CLF

>> No.28052149

>>28052050
It’s as usefull like it’s been for years

>> No.28052197

>>28051786
its gonna get replaced by the banker version soon

https://www.youtube.com/watch?v=K_AWQW41Vu8

>> No.28052248

>>28051786
nice x-axis

>> No.28052265

>>28052064
exactly, a bunch of people were flush with cash and probably the inability to spend it on typical vices very easily.
most people are never going to invest until they feel like they're stable enough if it happens to go up in smoke

>> No.28052285

>>28051786
PeePeePooPoo?

>> No.28052315

>>28052137
The dollar is worthless. Bitcoin doesn't just gain value, USD loses value versus a bitcoin.

>> No.28052324

Tomorrow and Tuesday will likely be the bloodiest days in recent Bitcoin history.

>> No.28052329
File: 114 KB, 699x500, 4wyvvs.jpg [View same] [iqdb] [saucenao] [google]
28052329

>>28052146
>>28052146
>>28052146
>>28052146
>>28052146

>> No.28052390

>>28051894
fedcoin is so shit lmao

>> No.28052427

>>28052137
It represents inflation, yes.

>> No.28052498

>>28052064
the value of the us dollar fell like 10% last year because of the money the stimulus. the fed is keeping interest rates low until like 2023 at least so bonds arent worth buying which means the stock market and crypto is the only place people can put their money to protect it from inflation which pumps the markets. europe is printing money now too to keep parity with the dollar and the us is about to pass another 1.9t stimulus plus europe has negative interest rates atm so i dont see this bull market ending any time soon

>> No.28052572

>>28052427
If anything, it shows that inflation is slowing down.

>> No.28052581

>>28052324
I agree.

>> No.28052633

>>28052498
>not just getting an I bond

>> No.28052652

Btc 320k eoy

>> No.28052787

>>28051786
Because the dollar is worth less and less every day which means bitcoin is worth more and more every day

>> No.28052791

>>28051904
I hear this parroted a lot but never with justification. "Of course" it should increase exponentially forever, because...?

>> No.28052797

>>28051894
Now add the perfect vertical for 2020/2021

>> No.28052910

>>28052572
Kek yes inflation is about to go down when Biden enacts $15 minimum wage and $3000 for every crack baby and $50k student loan forgiveness.

>> No.28052938
File: 40 KB, 1163x424, fed.png [View same] [iqdb] [saucenao] [google]
28052938

>>28051894
looking really good bros. Another 1.9T on the way we are gonna make it haha :)

>> No.28052962

>>28052791
Because fiat is being spammed out, which is flowing into btc

The spamming of fiat printing will increase year on year this decade, and that means more and more pours into assets like Bitcoin

We’re printing 10x more fiat now in 6 months than we did in the GFC. This will happen for the rest of the decade.

You’re welcome

>> No.28052981

>>28052324
>>28052581
Why though?

>> No.28053014

>>28052791

Look at whats happening to Doge, faggot. This is just the beginning. We are just beginning with the technological revolution.

Fucking oldfag boomer cunts.

>> No.28053103

>>28053014
dumb zoomer stfu

>> No.28053500

>>28051829
Zoom out retard.

>> No.28053537

>>28051786
Traditionally this is where it shoots up to 70k

>> No.28053551

>>28052910
Do the math idiot. $100 lost 1/2 of its value from 1969-1979, it lost only 1/7 its value from 2009-2019.

>> No.28053591

>>28051786
Zoom in retard

>> No.28053707

>>28051786
WOW OP DOESN"T KNOW HOW THE FUCK THE LOG BUTTON WORK. HEY WHERE ARE YOUR HEIKEN-ASHI CANGLE BY THE WAY YOU FUCKING NIGGER I'LL FUCKING RAPE YOUR WHOLE FAMILY YOU SOPHOMORIC PIECE OF SHIT.

>> No.28053749

>>28053551
It'll lose 100% of it's value in the next 4 years retard.

>> No.28053786
File: 119 KB, 1000x414, shitcoin.jpg [View same] [iqdb] [saucenao] [google]
28053786

>>28051894
PIECE OF SHIT

>> No.28054024

>>28053749
I see that you have no actual basis for your argument. Let's not forget that Biden basically saved the economy in the last market crash which wasn't caused by a force of nature. By the way, economists say he did too little back then.

>> No.28054092
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28054092

>>28051786

>> No.28054125

>>28053103

Your world is done for. Bye bye.

>> No.28054162
File: 147 KB, 1962x1434, Screen Shot 2021-02-07 at 10.08.52 PM.png [View same] [iqdb] [saucenao] [google]
28054162

>>28054092

>> No.28054196

>>28051786
>inb4 retard
Is peter Schiff right
Will bitcoin crash

>> No.28054244
File: 36 KB, 882x758, 1588719062813.png [View same] [iqdb] [saucenao] [google]
28054244

>>28053786
I SOLD HALF MY LINK STACK FOR THIS SHIT

>> No.28054249

>>28054125
yesss i cant wait to pay for things with my virtual wallet, hopefully i can always keep it on hand :^)
t. future global citizen

>> No.28054270
File: 118 KB, 1998x1316, Screen Shot 2021-02-07 at 10.10.26 PM.png [View same] [iqdb] [saucenao] [google]
28054270

>>28054162

>> No.28054554

>>28051894
third halving incoming! to the moon!!!

>> No.28054708
File: 118 KB, 558x640, 1599594815335.jpg [View same] [iqdb] [saucenao] [google]
28054708

>>28052324
Remember Remember the Ninth of Febvember. Check em.

>> No.28054744

>>28051872
i know youre being sarcastic, but in reality it has an agreed upon value x the GDP of your country

>> No.28054775

>>28054024
Pedo Biden and Ofaggot caused the crash.

>> No.28054874

>>28054024
Even if the economy recovers there's no doubt printing will continue at abnormally high levels which will attempted to be offset by taxes.

>> No.28055070

>>28053786
Has anyone even audited this shitcoin? Looks like a scam.

>> No.28055488
File: 205 KB, 842x898, usdtcap.jpg [View same] [iqdb] [saucenao] [google]
28055488

picrel is how (it isn't)