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/biz/ - Business & Finance

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28448704 No.28448704 [Reply] [Original]

Why are goldbrains so immune to the truth? Boomers like this will cry and whine that Bitcoin has no value while gold is consistently taking a nosedive in prices even in days like this. What a crock of shit.

>> No.28448771

>>28448704
schiff is stupid don't pay him any attention

BZB+1

>> No.28448805

You realise this Jew takes btc as payment on his website, right? He is spreading FUD whilst filling his bags.
Based kike.

>> No.28448857

>>28448704
the argument that gold is a store of value and not an investment. therefore it doesnt have to perform it just has to hold its value. peter schiff needs bitcoin like late night talk hosts need trump

>> No.28449003

>>28448704
Jews know the shot, he knows his job is to FUD crypto because they dont control it yet

>> No.28449153

>>28448857
it doesnt hold value tough. It took a nosedive last year in march and the price swings 25%-50% in both directions regularly but goldbrains dont seem to notice. I also have to laugh at the idea its a store of value given you people believe inflation is out of control. Gold has not held a value of over 2k for a while so that means its actually decreasing in value if you take inflation into account.

>> No.28449264

>>28449153
i agree.

>> No.28449489

That mahoney or goldsilver nigger, whatever the fuck his name is, was excited about crypto and had a solid enough understanding of what money is to understand its value. Last I heard he liquidated his BTC holdings because he balked on BTC's technicals, and couldn't identify a secure bet.

>> No.28449873
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28449873

>>28448704
>why is the guy on tv who sells gold anti-crypto
it would literally be suicidal for him to be like "you know what everyone should buy crypto instead" while his entire business is involved with gold, just cause he says some shit publicly doesn't mean he hasn't been buying crypto in secret, his son is into it so there is a greater than zero % chance boomer rock profits have gone into buying BTC in that family for years now while your all like hurrr durrrr this peter dude is retaded

>> No.28450098

>>28448704
they also think gold and silver is artificially suppressed. the fucking brainlets. nobody would burn money on that futile project.

>> No.28450259

Because they're right, but on a wrong scale. All of their arguments are correct but only apply to generational wealth across centuries. Across decades in one human life you can get your ass blasted if you hoard shiny rocks

>> No.28450425

It's cult like thinking that comes from not setting a criteria to determine when to admit you were wrong and so there is always something to continue to rationalise your belief.

>> No.28450428

>>28450098
>they also think gold and silver is artificially suppressed.
JP Morgan literally got caught rigging precious-metals futures in 2020 and had to pay a 920 million dollar fine, you are literally retarded and new for not knowing that

>> No.28450767

>>28450428
yes by a few cents to the upside daily at a given time.

>> No.28450947
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28450947

>>28448805
exactly. i swear to god, im sick of these schiff threads where they act like he's clueless. this is what /biz/tards don't get. this guy fuds btc constantly, but has a considerable position in it secretly. his business is in selling gold, of course he's going to say btc is useless. but he takes btc for gold. that's the scheme, he convinces weaklings to part with their btc for gold. he's probably a fucking btc billionaire by now.

>> No.28451141

>btc has no value!! it doesn't provide a service!!
>t.shiff, buffet, other fudsters & mental retards
military grade cryptographic security run by the most powerful & decentralized network on the planet, btc has never failed, been hacked or has been down for a second.
>that is a very valuable service
governments & companies spend a fuckton of money on i/t systems that do not work as well & pay fucking handsomely for such services.

>> No.28451314

>>28448805
oy vey...
https://schiffgold.com/buy/buying-gold-silver-cryptos/