Thread 509329366

PENSION FUNDS, BANKS AND HEDGE FUNDS HAVE STARTED INVESTING IN BITCOIN IN ANTICIPATION OF THE USA BUYING A MILLION BITCOINS. A TOP FINANCIAL ANALYST SAID, 'WHAT WE ARE WITNESSING IS THE RISE OF THE NEW PREMIUM STORE OF VALUE THAT WILL REPLACE GOLD'.

ok

>>509329366 (OP)
>memeflag
>fake happening
like clockwork

if top financial analysts are so smart, why do they sell advice instead of making moves themselves

>>509329366 (OP)
I doubt those investment plans will survive the news which came out the other day, of a group of men arrested for theft via smart contract. The media hasn't discovered the importance yet, but buried down in paragraph 5 was the money shot:
> the theft happened when the thieves were able to manipulate and modify the smart contract AFTER it was on the chain.

That, you will find, will be an absolute deal-killer for smart contracts; as its inability to be modified after entering the chain was the only major selling point.

Likewise, bitcoins only strength is it's alleged-anonymity; which will soon be proven a myth as the hash function gets reverse-engineered via AI

So what happens if the bombs hit sub stations around major cities? Doesn’t it just become unusable? Why would you want a digital asset in a time of war, quantum and hackers?

Us gov already bought up a majority share back in the 00s

>>509329366 (OP)
Sounds like a great distraction for the missing gold in Fort Knox

>>509329966
Good way to bleed Americans out of their wealth

>>509329966
They might be trying to crash the market somehow

>>509329966
get the entire system to go into bitcoin , fiat money is just debt dealing and shuffling
cyberpolygon
nobody owns anything
???
problem ?

>>509330176
they still have not audited fort knox haven't they ?
absolutely preposterous

>>509329366 (OP)
collapse incoming

>>509329366 (OP)
>REPLACE GOLD
Dollar hasn't been backed by gold for almost a century now.

>>509329366 (OP)
>PREMIUM STORE OF VALUE
More like liquidity sponge. Just be careful it's not a liquidity ballast lmao.

>>509331307
Keep gold replaced. That’s the point of the psyop.

>>509329366 (OP)
They bought?

...pump it!

>>509331332
Can you elaborate for a dumb leaf like me?

>>509331332
this
BTC is getting halved this autumn
shitcoin style pump and dump
baggies will never listen but pink /biz/ is always a treat

Reminder that /g/ was giving away bitcoin in return for pics of sharpies up the pooper back before the cancer known as /biz/ was created. Cryptocurrency traders are the horsefuckers of money, there I said it.

>>509329871
I can't find a thing on a recent such arrest

>>509329366 (OP)

4chan memed me into collecting Litecoin, Etherum, and Bitcoin back in 2011-2012. I don't have a lot of Bitcoin but I have tens of thousands of the others.

>>509332174
The concept of supply and demand works for everything, including currencies. If you add to much of a currency to an economy without the true economic output to match, it decreases the value of that currency. However, if you give people a place to put that currency, it can help "absorb" the impact. The danger here is that place getting "dropped" like a ballast to burn all that extra currency.

>>509329366 (OP)
Based, can't wait to unload my bags on the US tax payer.

>>509332304
So what you're saying is buy the dip

>>509332431
Bitcoin was always the only one that mattered.

>>509329366 (OP)
>THE NEW PREMIUM STORE OF VALUE THAT WILL REPLACE GOLD
Remember this when you are sucking cock for half of someone's left over bologna sandwich.

>>509332464
How would Bitcoin drop though?
Even cities and pension funds are buying in.

>>509332632
Microstrategy goes bankrupt and has to sell their bitcoin.

Hope Saylor goes to jail.

>>509332500
not sure if its going back this time

>>509332735
But how would microstrategy go bankrupt unless Bitcoin's price falls,
The US plans to buy a million of them and never sell, that puts a floor in prices, no?

>>509333212
Uncle Sam wants to buy low my man.

>>509333307
You sure?
The US government these days seems to exist to be a subsidy machine for the top tier tech companies and asset holders.

>>509329366 (OP)
It's going to 0 soon.

>>509333416
Very sure. Is it so infeasible the US Government would step in after a totally awful unseen inconceivable crypto blowout to backstop "stabilize the market" and get a low average price?

>>509333212
The floor is around 60k that's the price Trump wants to buy in at.

We'll likely see that next year because every bitcoin bull run ends in a crash. Maybe even 56k. I think it still has room to grow this year though peak will be in the range of 120k to 220k.

>>509333494
Only if we get a solar flare. That takes out power world wide, but then the only things that will have value then are bullets and seeds.

>>509329366 (OP)
>trade your worthless money for my infinitely valuable whatsit.
If bitcoin is what people say it is, only a fool would sell it. Its not what they say it is.

>>509333744
You're the dumbest gorilla nigger i have ever seen in my entire life.
Kys

>>509333883
One thibg we don't have to wait for a solar flare for,
The euro is worthless now.

>>509332464
I had this same idea too. What if bitcoin is just to soak up money who have nothing real to invest it in or no needs currently. Would really help slow inflation.

Then at the right moment bitcoin can just go to zero. Perhaps some point in the future when there is not enough inflation.

>>509333970
Even worse you might be a fucking kike dog deflecting from the fact that asscoin is just another worthless "currency" that is being hyped up by cia kikes and fed kikes in the JEWsa so that stupid goyim "invest" their living in it and get rugged by orange kike or king nigger or whoever whenever.
When these "investments" reach critical mass it will happen.

>>509333650
I see it more like they will buy crypto at any level to prevent a mass selloff, since any significant sell off would probably trigger a stock market crash.
Trump seems determined to keep every asset bubble fully inflated.

>>509331141
but isn't the micronova coming?

>>509334319
>>509334319
>since any significant sell off would probably trigger a stock market crash.
I doubt that. Apple alone has a market cap greater than BTC, like, significantly greater. It's possible a precipitating world event causes all markets to shit themselves together, but it's not guaranteed one dumps the other. That's kind of my point: the whole of crypto is a dumping ground for excess cash.

>>509329966
Not my problem

>>509329366 (OP)
PREDICTION

Trump tacos out of buying bitcoin in few months.

>>509329366 (OP)
SELL NOW

>>509334795
I'm loving this new use for the word taco.
It's my favorite thing to happen all year.

>>509329366 (OP)
If it's actually true that they're investing in the giga-scam that is bitcoin, then they're definitely planning to implode the economy

>mutts trying to push their ponzie scheme for another decade o algo
>when every BRICS central bank is hording gold

>>509329871
>yes goy don't buy the digital coins, you must accumalte shekels instead and give them to m - I mean, the banks

>>509335340
I thought so but I just don't know anymore.
I know nothing.

>>509332464
>The danger here is that place getting "dropped" like a ballast to burn all that extra currency.
that means that people would be selling the bitcoin to raise dollars... which would be reinvested elsewhere, thus defeating the purpose of the "liquidity sponge." if anything, the gov't would want bitcoin to go higher to continue to function as the liquidity sponge

>>509334665
Shiny rocks wont have much value if society collapses either. But id rather have shiny rocks because all the meme cope about bitcoin wallets on various drives are just cope. Modern drives are bad about dying if left without power.

>>509329366 (OP)
I wake up sometimes and wonder if using those hundreds of bitcoins to buy drugs in 2011 was worth it.

Pol is stupid and wrong about Bitcoin yet again. Glad you fucking faggots are staying poor. See you in 4 years yah doofuses!

>>509336122
>that means that people would be selling the bitcoin to raise dollars
But in each sale instance accepting fewer dollars per coin as the price decreases. Poof! Up in smoke. It's actually genius because unlike blowing out real estate (which could still happen), it's not like it's a roof over your family.

>>509329366 (OP)
>imaginary money replacing non-imaginary gold
Hilarious.
>>509329966
It's another wealth transfer. Transfer of wealth from government and anyone dumb enough to buy bitcoin into the people who already have their bags.

>>509335747
>by all means goy please buy the thing that doesn't have any real world impact and doesn't need to actually be produced by any supply chain
Do you know the concept of money sinks in mmos?

>>509329871
Bitcoin anonymity has been dead for years anon. I don't just mean in the sense that people use their own accounts to buy in, but technically too - crypto tumblers have been weak (and if they weren't, the feds have made them increasingly harder to operate and access)

>>509329966
It doesnt even have to be a bomb, a good hurricane or storm make you're crypto "currency" worthless

>>509336331
>But in each sale instance accepting fewer dollars per coin as the price decreases
that's only for the people who bought the top. the money isnt actually being "destroyed" - it's just being transferred to the people who bought in earlier and are selling for a profit

>>509329366 (OP)
Top signal

>>509329366 (OP)
>replace gold
Lol. Gold will still be just as intrinsically valuable because of its unique combination of properties long after humans no longer exist and some other species is looking for easily workable conductors that never tarnish. Gold is valuable because it is.

This old schizo better not have actually been right. If July 4th happens and now crypto I'm going deep in silver.

>>509336559
>that's only for the people who bought the top.
Yes, that's exactly whose money is being shrekt.

>>509336534
It doesn't even have to be a storm they can just take it. The blockchain is a lie to trick coked up stock bros into investing/trusting the new currency that the government has even more control over than physical currency; not to mention the 100% ability to track everything. Then there will be temporary money that disappears if you don't use it in time. Just wait the new manmade horrors beyond your comprehension are well within my comprehension and I giggle thinking about your stupid goyim faces when they are introduced to thunderous applause.

>>509336746
>They're about to kill me
>Can't answer anymore questions
Shameful dispray.

>>509331369
This buy real gold guys.

>>509329366 (OP)
Nothing ever happens, OP. We are here forever

>>509329366 (OP)
>USA gives all of the gold to Israel in exchange for numbers
>Massive solar flare hits 2046
>Global communications network and imaginary numbers wiped out
>USA left with nothing except dirt and separated by ocean by the people who now have all the gold
>Slowly rebuild electronics while Jews are able to build a hellscape slave empire from their bunkers with all the gold in peace

Problem, goyim?

>>509329366 (OP)
Yeah, bitcoin twitter is lit with all sorts of banks, institutions, govts having btc on "the balance sheet" or "strategic bitcoin reserves". God Candle inevitable and imminent.

>>509332632
It gets destroyed in this upcoming "terrorist" false flag ai block chain dissection

S A A
A H M
T O A
O O S
S K O
H T N
I O T
N S O
A A O
K T K
A A A
M N S
O I H
T S I
O M T

>>509329871
Btc is not anonymous at all. Nor does it need to be. Stupid criminals use monero thinking it is, but the most anonymous method is to use the Bitcoin Lightning network. Gnmgw

>>509329366 (OP)
>He believed in ze banks and hedge funds buying his bags FUD
>Very good. DOOMP EET!

>>509331924
You bought?

dump it

>>509329966
This is what you call "exit liquidity"

>>509332304
>BTC is getting halved this autumn
No the last halving was 2024, next is 2028

>>509332431
No shitcoins, redeem only bitcoin, the great redeemer.

>>509339316
>No the last halving was 2024, next is 2028
And when it's all been mined???

>be big jewish bank
>need money (as always)
>ask daddy government
>cant bail out a la 2008
>"A plan, the best plan — maybe the best plan ever planned"
>buy btc when low
>gov buys btc
>btc surges
>banks sell
>btc drops
>national level bag-holding
>white man cries
>just another day in the US and A

>>509339500
the last mine will happen around 2140 you brainlet

>>509336182
You don't save bitcoin on drives, you write down the seed words and put them in safe deposit boxes and memorize one passphrase.

>>509336198
You should have held on to a few dumbass. Like Ulbricht.

>>509329966
aslong theres even 1 copy of the blockchain, it will work

>>509339916
...right. It will have been double spent before then.

>>509339500
2140 the last bitcoin will be mined. What happens then? Don't know and don't care, since will be dead. But I can imagine the price of bitcoin in 2100 would be in the millions.

>>509339780
Even microstrategy has just 600k btc. The majority of btc is still held by plebs and early adopters and miners. They won't sell, in fact plebs will buy if banks try to mass sell at once. Btc is invincible at this point

>>509329366 (OP)
It's going to be a biblical rug pull.

>>509329366 (OP)
>He says as gold is becoming a tier one asset again this month.

>democrat meme flag
>filled with crypto jeets

go back to biz with your shitcoins

>>509329366 (OP)
bitcoin is backed by the computing power required to process bitcoin transactions. it takes an ever increasing amount of power to process bitcoin. bitcoin is losing value constantly compared to new coins that are cheap to process. eventually bitcoin will be worthless because no one can afford to process it. any attempt to fix this is just govt fiat with extra steps that make it worse

>>509334029
I came to the conclusion that crypto is nothing but a inflation sink and thats all its ever going to used for.

>>509338328
My country has resources and gold in the ground. We can either sell you the resources you need to just barely survive in Israel except weapons or use the military to go to war over stolen gold. It depends on how pissed we are. I doubt there will be much contact for a few years until everything is rebuilt. By the time we make signfigant contact again assuming you are not destroyed by Arabs who will just take your stolen gold, the boomers will be dead.

>>509341374
Kikes will all be dead one day, but btc will live on

>>509338328
If a solar flare hits, Israel is going to get devoured by its neighbors without US support. They just dont have the numbers.

if the government is buying bitcoin(numbers on a screen) and telling me gold is shit

i'm buying gold and silver (real asset i hold in hands) with land.
lol

>>509329366 (OP)
>PENSION FUNDS, BANKS AND HEDGE FUNDS HAVE STARTED INVESTING IN BITCOIN IN ANTICIPATION OF THE USA BUYING A MILLION BITCOINS. A TOP FINANCIAL ANALYST SAID, 'WHAT WE ARE WITNESSING IS THE RISE OF THE NEW PREMIUM STORE OF VALUE THAT WILL REPLACE GOLD'

>>509329366 (OP)
What you are seeing is TOTAL CORRUPTION..

BITCOIN is sharding from the 1970s and it can be PUMPED and DUMPED by tether....

ONE BIG FUCKING SCAM....This world as become so sick..PLEASE KILL ALL POLITICIANS for letting this happen...

>>509342451
if the government is buying bitcoin, NO ITS NOT, ITS ROBBING PUBLIC MONEY...

bitcoin is a SCAM....No intrinsic value what so ever....God help the children of tomorrow...

So the kids of tomorrow have to live of sats while the kids of the past bought them for 5 pound each bitcoin....Shows how sick and greedy we
become..

DIE TIM DRAPER..

>>509343794
Yes, bitcoin is first come first saved, cope faggot kike shill

>>509336746
You had years of SETF threads explaining you to go 100% into physical silver.