/biz/ - Business & Finance

[Anonymous No.29683941]

BOOM

[Anonymous No.29684207]

>>29683941
This

[Anonymous No.29684278]

>>29683941
Although I agree with the sentiment, I still don’t think this is the top

[Anonymous No.29684303]

>>29683941
That is why I am All in LINK faggot

[Anonymous No.29684390]

>>29683941
inb4 schiff comes to slob some knob
it is inevitable

[Anonymous No.29684403]

>>29683941
so how much leverage is involved in the run-up?

[Anonymous No.29684453]

>>29683941
he is tweeting too much and therefore losing credibility

[Anonymous No.29684477]

So they're pushing this guy now. Getting tired of all these gurus really. Stop posting this shit here.

[Anonymous No.29684483]

buy monero, its not inflated like bitcoin

[Anonymous No.29684528]

>>29683941
lol number go up

[Anonymous No.29684537]

>>29684303
Nice work faggot

[Anonymous No.29684545]

>>29683941
He's right. I can't wait for BTC to fucking go to zero once and for all

[Anonymous No.29684560]

>>29683941
Is he getting too cocky?

[Anonymous No.29684581]

>>29683941
What is with all the baby boomer goldbugs infesting this board with cancer?
End of the day the demand will btfo your asses, retard fudders. Enjoy your 1% gains in gold LOL

[Anonymous No.29684633]

>>29684303
Go fuck your mother pajeet

[Anonymous No.29684694]

>>29684477
>predicted 08 crash
>predicted gme
>literally was right about Tesla 2 weeks ago
so (((they))) are pushing this guy now

[Anonymous No.29684704]

>>29683941
Wait, I’m too retarded to own bitcoin?

[Anonymous No.29684794]

>>29683941
this is why you sell all your BTC for ETH

[Anonymous No.29684827]

>>29683941
>If you don't know how much leverage
>you don't know enough to own it

He means like the hedgies that tanked the economy in 2008, the hedgies that are getting rekt on GME, again. Those guys that over leveraged and we all had to pay for it.
Got it.

This fucking guy can lose his other eye for all I care.

[Anonymous No.29684858]

>>29683941
>BTC is a speculative bubble
Yeah, and it has been since it was $10. Fuck off, you glass eyed boomer.

[Anonymous No.29684951]

>>29684858
kek

[Anonymous No.29685025]

>>29683941
he's right
if you are buying bitcoin now you are a fucking idiot

[Anonymous No.29685127]

>>29683941
Thank god I'm all in on REEF and LINK instead of BTC. Get rekt n00bs.

[Anonymous No.29685192]

>>29683941
sounds like a boomer noicoiner

[Anonymous No.29685228]

>>29684694
this lol
what does a guy have to do not to be considered Jewish propaganda on this website

>be born autistic
>deformed face because of cancer
>get a PhD
>make a fortune solely because of myself

>mfw biz is the only place I come and find a bit of peace
>mfw biz things I’m a Jewish propaganda machine

[Anonymous No.29685266]

>>29683941
>he's about to buy in

[Anonymous No.29685277]

>>29684633
kill yourself you piece of shit

[Anonymous No.29685342]

>>29684858
Except it was newer,l back then, so even if volatile, it t was going up
It’s not new anymore
Be greedy when other are fearful
Be fearful when others are greedy

[Anonymous No.29685367]

>>29684694
He has been shorting Tesla for like 12 fucking months. I don't think you understand how much money he has lost on that position. Just because it's down 20% from its ATH two weeks ago doesn't mean he's in the green. He's still bleeding money.

[Anonymous No.29685374]

>>29685228
Actually you earned your degree because of work done by colored slaves you racist

[Anonymous No.29685432]

>>29684278
He might be early, but he is not wrong.

[Anonymous No.29685497]

>>29685266
nah he’s autistic he wouldn’t risk his reputation just to gain 1% in price
that would mean he was wrong and this guy his ability to predict is everything
he wood probably off himself if he ever guessed wrong

[Anonymous No.29685594]

>>29685367
>he hasn’t

[Anonymous No.29685655]

i believe in blockchain technologies
i however do not have faith in BTC
If BTC were released today it would be the biggest shitcoin

[Anonymous No.29685733]

>>29685367
To add to this; Burry is a clever guy, but when he makes his predictions it's solely based on numbers. His autism makes him incapable of factoring in the human element and the irrationality that follows.
He will be right in the end, because the market always corrects after prolonged irrationality. But that end could be 2 years, 5 years or even 10 years from now.

Until then, the markets can usually stay irrational longer than you can stay solvent. Enjoy your short positions.

[Anonymous No.29685748]

>>29684403
at least 3, maybe 4

[Anonymous No.29685849]

>>29685367
>He has been shorting the housing market for like 24 fucking months. I don't think you understand how much money he has lost on that position. Just because it's down 20% from its ABX two weeks ago doesn't mean he's in the green. He's still bleeding money.

[Anonymous No.29685879]

>>29685655
BTC will literally be forgotten 10 years from now

[Anonymous No.29685905]

>>29683941
I’m getting tired of this fucking aspie, one hit wonder

[Anonymous No.29686016]

>>29685432
That is wrong. If you’re ten years early about a market crash you get fucked over. If you’re late about it you get fucked over. Being wrong about time is being wrong, plainly.

[Anonymous No.29686048]

Important to remember that he makes alot of claims about alot of things. Do we believe that Burry has enough knowledge of bitcoin to even make statements like this? Seriously doubt it he should stick to what he knows.

[Anonymous No.29686046]

>>29685849
Housing didn't rise nearly 700% while he was holding onto that short position. It did this time, so by fucking up the timing he got absolutely obliterated, and that's why he has turned into a doom and gloom boomer on Twitter. He NEEDS the market to come down right fucking now.

[Anonymous No.29686291]

>>29686048
Jesus you guys are so dull
You’re probably some millennial that got lucky on a single investment
How many times does somebody need to be right about stuff that nobody else saw for it to get your attention?

[Anonymous No.29686605]

>>29684694
his mistake is thinking the USA has any influence over BTC. he's right from the logical standpoint, but china and the rest of the world are the ones that drive BTC while the western world is merely a spectator

[Anonymous No.29686711]

>>29686291
You're a doom and gloom boomer who has most likely been stocking up on precious metals and ammunition for the past 10 years, while watching the stock market and crypto soar to unbelievable heights. Meanwhile your precious metals is worth the same in USD today as it was the day you bought it 10 years ago, meaning you've actually lost money due to inflation.
This pissed you off because by all rational measures that shouldn't have happened because the global economy has been dancing on a knife's edge all this time.

We will have a 2008-esque crash sooner or later. But when that day comes, people like me will have literally 100x'd our money due to both stocks and crypto. Stay salty, you boomer fuck.

[Anonymous No.29686775]

>>29685497
>more risk than opportunity
to the current financial system
>how much leverage is involved in the run-up
he's just published a piece that says hyperinflation is on the way and institutions are looking for legal means to short it

[Anonymous No.29686848]

>>29686711
Literally off on any single point lol

[Anonymous No.29686880]

>>29686775
(the dollar)

[Anonymous No.29686953]

>>29683941
I predict bitcoin will go 10x over the next 10 years. Give me your money and I'll invest it in bitcoin for you

[Anonymous No.29686962]

>>29684477
just one of the smartest investors ever

[Anonymous No.29687033]

>>29683941
No shit. Retards that point out the obvious bubble like they are geniuses are so annoying.

[Anonymous No.29687053]

>>29686605
But paper /BTC futures through the CME group are nearly half off all trading volume of bitcoin.

[Anonymous No.29687057]

Bitcoin will sustain itself another decade. It's because it's a system, not a product of people.

1. Inherently deflationary in an inflationary global market.
2. Available to all peoples of the world to invest in.
3. Decentralized (enough).

It's been through many major rises and dumps now, I think it's time to accept that it isn't going away. With the way global fiat is headed I'm thinking the golden bull is yet to come.

"leverage is propping it up", not entirely wrong, but that goes for all asset classes in the US so it's kind of a moot point. We get it, the world is on stilts thanks to massive amounts of credit.

[Anonymous No.29687063]

>>29686848
Well, then you're even dumber than I thought. Because at least the PMG boomers are too rational for their own good, and got fucked because they underestimated just how irrational the market can get.

[Anonymous No.29687114]

>>29685228
IKTF fellow PhDbrah. People here don't want to hear any truth going against their confirmation bias.

[Anonymous No.29687122]

>>29683941
>only i can be the rich autist; not you
when did this guy turn into such a faggot

[Anonymous No.29687204]

>>29687053
kek. citation needed buddy

[Anonymous No.29687446]

>>29683941
Just wait until they hear how much leverage is involved in society at large

[Anonymous No.29687463]

>>29687033
>>29686962

[Anonymous No.29687554]

>>29687122
he's a boomer. there's no changing them, they've never had to experience hardship once in their lives.

[Anonymous No.29687595]

>>29687446
Yeah he needs a virgin on a Mongolian critter porn sharing website to tell him

[Anonymous No.29687601]

>>29683941
https://www.youtube.com/watch?v=3Bh3ObPjcFE
ZERO

[Anonymous No.29687728]

>>29683941
What the fuck. Is this wank and Elon competing for the "biggest faggot tanking crypto in 2021" award or something? SHUT UP

[Anonymous No.29687729]

>>29687554
>he's a boomer. there's no changing them, they've never had to experience hardship once in their lives
>literally had to have an eye removed when it was a child because of a tumor that made him deformed for the rest of his life
>

[Anonymous No.29687889]

>>29687601
Just sold all of my stack

[Anonymous No.29687898]

>>29684303
Tell me why that’s the case as if link isn’t attached to BTC at all Btc goes to fuck so does link we all kkkw it. I get that it’s a network effect thing.

[Anonymous No.29688094]

>>29685655
The only correct crypto strategy right now is trying to catch the NWO mark of the beast crypto start-up before it blows up. Could be some shit like ALGO, Tezos... even Chainlink or XRP, though I doubt it. Most probably they're already developing it internally and will just drop it on us.

[Anonymous No.29688294]

>>29687729
Checkmate.

Doesn't make him any less of a boomer faggot though

[Anonymous No.29688365]

>>29687204
Here's for the past 24 hours.
https://www.bitcointradevolume.com/
>paper bitcoin = $4.06 billion
>actual bitcoin = $7.78 billion
Just keep an eye on it. Over the weekly timeframe paper is higher and at contract expiration it exceeds actual BTC volumes. Did you think institutions were buying crypto through coinbase?

[Anonymous No.29688366]

>>29687729
that's not hardship it's a medical procedure, something young people can't afford to have

[Anonymous No.29688464]

>>29684545
He is not saying that

[Anonymous No.29688475]

>>29684403
this, good stats coming from a supposed numbers-autist (or whatever he is, don't care much)

[Anonymous No.29688590]

>>29688094
Meds. Take them

[Anonymous No.29688924]

>>29684390

spencer would definitely slob your knob, not peter

[Anonymous No.29689147]

>>29684581
If you're into gold for the gold, you're into BTC too. If you're into gold for the fiat and are therefore bitching that it's undervalued, youre bitching about BTC, because it's a competition to gold.

[Anonymous No.29690074]

>>29684581
Once it stabalizes demand will go to zero. Why will people just arbitrarily change their whole life to go into crypto for no real tangible benefit? Is your employer going to pay you in crypto? No, it will go to your bank and you'll have to convert it and do all this shit for what? A chance your paycheck might be worth 80% of what it was? And not being able to even spend your money at a ton of places?

[Anonymous No.29690292]

>>29690074

bitcoin can't stabilize. as mining rates go down, the already high transaction costs will rise. the whole "digital gold" thing came about because it's completely impractical to use for any transaction that isn't thousands of dollars.

[Anonymous No.29690515]

>>29684403
A lot. Earlier this week Binance were requiring people to pay interest of 0.5% per day to borrow money for bitcoin.

[Anonymous No.29690538]

>>29684278
i don't own any bitcoin but this is not the top.
the top will probably blow everybody's minds.

[Anonymous No.29690587]

>>29690074
>Once it stabilizes
>Will go to zero

God, the level of retardation in /biz/ is radioactive. Anyone who wants to keep their IQ should leave this piece of shit hole

[Anonymous No.29690902]

>>29685342
>money isn't new anymore
oogabooga

[Anonymous No.29692439]

>>29683941
How many of you borrowed to buy btc?

[Anonymous No.29692560]

>>29683941
lol he's shorting BTC.

Literally no other reason for him to keep badmouthing it like this.