Is wallstreet going to collapse soon? We been riding a bubble that started in 2008, I know economy is good and shit but I think we are about to watch it pop. Thoughts?
PS: why are you all obsessed with crypto you faggots, you dont realize the amount of money you could make in a month manipulating stocks with fake news, and the help of /pol/ and /b/. You all put all your money in btc and start crying when it goes down 10%
Is wallstreet going to collapse soon? We been riding a bubble that started in 2008...
Matthew Roberts
Christian King
>you dont realize the amount of money you could make in a month manipulating stocks with fake news, and the help of /pol/ and /b/.
wtf are you talking, idiot. They're not making any money with their fake news, it's just for fun. And to spread your own fake news you've got to have a pretty solid platform with a huge audience.
Andrew Nelson
well the stocks market are riding on hot air and fiat money
the banks can keep printing fiat money into eternity
so I guess unless people start revolting this shit could go on for years on end desu
Adrian Martin
>a bubble that started in 2008
You don't watch the news much do you. The housing bubble popped in 2008.
Aiden Perry
What about the apple crash when /b/ spread that steve jobs died?
Same with AT&T
Caleb Williams
After that crash...
Asher Rogers
Yes. currency verbosity is at 1929 levels. The Fed just came out a few weeks ago and said everything is fine and the markets will never crash again in our lifetime. Banks have more debt than there exists money to pay for it. like 600 trillion in derivatives. The stockmarket is way overvalued. 90 million people just in the USA have stop trying to find work. Get ready for a depression.
Michael Jackson
I cannot wait for this day. BTC will be the savior.
Evan Russell
thats actually a pretty solid indicator.
Jaxon Phillips
You don't control those fake news, retard. You don't understand how it works, do you?
>the amount of money you could make in a month manipulating stocks with fake news
And how often does /b/ succeed at spreading rumors like that? Like once in 5 years?
Ethan Sullivan
Will this be good for bitcoin?
I'm not sure what/why do you guys think?
Obviously distrust in banks is good for bitcoin, but enough to outweigh a bad economy?
Jeremiah Parker
Yes. And states are beginning to embrace blockchain. I live in IL unfortunately, but we are one of five states in the US to have a community built to help businesses begin accepting bitcoins. I'm working on getting the business I work for on board. IL realizes the only way to dig out of our three year debt fest is blockchain. It will be taxed, but that's part of life, the additional tax revenue, plus jobs, and being at the forefront will make IL great once again.
Isaac Morgan
been in depression for past 8 years just hidden by all the welfare and fudged gov stats
Dylan Murphy
how do you see that adoption playing out? Instant 3rd party payment systems, a faster altcoin, or maybe focus on using it internally and between other companies?
Adrian Jones
Economy is not good, Patrick.
Economy is not good.
Jayden Richardson
and like every other depression, the economy will get back up, and in the meantime you can buy a shit ton of stock and wait to get rich
Chase Campbell
Fuck yes
Christian Edwards
>currency verbosity
Finance user here - what do you mean by "verbosity" of currency? I have yet to see or hear of this term...
Dominic Perry
taht's literally what I'm waiting for.
Carson Davis
Look into rotating to commodities out of stocks. Look at cocoa, coffee, aluminum, platinum, silver, gold, farmland, etc...
The dollar will rapidly inflate once this shit finally kicks off, and you can ride the inflation up then cash out and rotate back to equities...
google.com
Benjamin Robinson
velocity
Blake Butler
Ah, makes sense.