/biz/ - Business & Finance

[Anonymous No.50070580]

store of value

[Anonymous No.50070685]

You think this is funny? people are working for mcdonalds now and you're laughing

[Anonymous No.50070756]

>>50070685
everyone works at mcdonalds to buy mcdonalds with their salary thus creating the life cycle of a burger

[Anonymous No.50070837]

>>50070580
its fucking over
even if it ever recovers (no) it will take plenty of years of crabbing at sub 6k

[Anonymous No.50070857]

>>50070837
>normie throwing in the towel
we are getting close to the bottom

[Anonymous No.50070864]

>>50070580
yes it stores my value at -50%

[Anonymous No.50070903]

the epic part of this story is that it does store value, but the value isn't even known yet! so the value is there and it stores it but when the price drops people go hahaha it's not a store of value but it still is! it's a craxy trick of the mind when red price down time comes and u think uh oh my value not stored but then later when the green price arrives u go ohh crazy there's the value it was storing coming all back and then u have ur value back (the value u stored) so its kinda crazy but it stores the value but sometimes the price goes lower but the value is still stored! If u get what I'm saying

[Anonymous No.50070944]

>mathematically impossible to go below $20K again

[Anonymous No.50070965]

>>50070903
Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy.

[Anonymous No.50070973]

basically to put it simply the value is still stored and it's the store of value but for temporary times when the value is down it looks like it's not stored but eventually it comes back to restore the stored value after some time when it comes back up and your value comes back. Store of value = store of value

[Anonymous No.50070992]

>>50070973
This, just because its not storing value atm doesn't mean its not stored your value somewhere for the future for you to get it out again

[Anonymous No.50070997]

test

[Anonymous No.50071010]

the only issue with the value storing mechanism is when the stored value goes below the value you stored it but you did store the value and the value is there it just takes time for the value to restore to your value when the price goes up to your stored value when you stored it if you get me

[Anonymous No.50071068]

>>50070685
;_;

[Anonymous No.50071097]

Well cash is getting recked by inflation, I dont know what people are doing with the cash they get from selling, unless it's simply to try and buy lower

[Anonymous No.50071125]

>>50071097
the dollar printers are trying to destroy trust before they hyperiflate for good

[Anonymous No.50071304]

>>50071097
Losing 10% to inflation is preferable to losing 50% or more with crypto or equities.

[Anonymous No.50071406]

>>50071097
if you live in a shithole yes
switzerland has 2,9 consumer inflation rn and im sitting on a pile of gold and cash waiting for the stockmarket to finally go belly up so i can load up on a lot of cheapies like in march 2020

[Anonymous No.50071430]

>>50070857
unfortunately i keep larping as a normie hoping that algos pick it up

[Anonymous No.50071473]

the only thing you have to remember about stores of value is that the value is stored even if it looks like the value has lost its storage or isn't stored or has gone back to being unstored, that actually the value is stored in the store of value and to unstore the value when the value is below storage value would prevent the value store from storing your value. Basically your value would be unstored from the value store and would have lost value because the value was unstored while instead you should store the value in the value store to store its value, not unstore the value from the value store thusly unstoring the value and preventing the value store from storing the value even if the value of the store when stored is below storage value