Crypto really fucked everyone over. Who could’ve predicted crypto would turn into tulip mania?
The great banking collapse has begun.
Falling into your wing while paragliding is called 'gift wrapping' and turns you into a dirt torpedo pic.twitter.com/oQFKsVISkI
— Mental Videos (@MentalVids) March 15, 2023
Silvergate was really small and only had a few clients, the problem is credit suisse they been hiding something there since mid last year.
Biz knows but nobody knows what they are hiding.
Except that the fed quietly started to pump money to Switzerland last year.
they are all intertwined. When one falls, so do the rest. It is how 2008 crash happened.
>It is how 2008 crash happened.
But, imho, since the problem is much worse than 2008 and the Fed weaker, it goes down harder and faster. And sooner.
real, and they can't just turn QE back on to fix it this time
or maybe they can it's all fake and gay anyway but the amount needed to fix it this time has to be insane
Nobody pumped money in our country. Stop lying and push more interracial propaganda to americans
Fuck... i forget to put a memeflag. How can i delete my last post and this post here ?
Don’t worry. Russia will do it.
I knew that it was all the montain israelites! We should nuke them if it is revealed that it was all the swiss.
The Swiss Central Bank pumped the money into Switzerland to keep the value of the Swiss franc from rising against the euro. They used the newly printed billions to buy American large cap stocks like AAPL and GOOGL. They are probably still up on their positions, because they started buying several years ago. They will probably take losses if stocks go much lower.
>he doesn't know
https://www.trustnodes.com/2022/10/14/fed-swaps-9-billion-to-swiss-national-bank-bail-out-for-credit-suisse
your women will be bred by naggers until your "people" are extinct
I just... How much American welfare does Europe need? We're propping up their banks now? Goodbye I'm moving into the woods.
Credit Suisse backs American national debt.
Suisse goes, USA goes.
Grain of salt but yeah
2008 was because of you mongrels and your israelite masters
We all know what it is.. The whole Ukraine shit too.. The rats are fleeing, the parasite is shifting hosts, etc.
Once the israelite escape, they'll Samson.
Fuck you I wish you were wrong
Report is delayed by the SEC.
It's so bad they don't know how to break it to the public.
China is about to fucking destroy our economy before we even go to war.
US banks are not the safe haven they used to be.
We are so fucking fucked.
its gamestop related. credit suisie and other banks have lost several billion on gamestop.
https://twitter.com/game_loop_eth/status/1633841610755837952?t=u2OamJY73aGc__QfRlR1gQ&s=19
Russian and Chinese oligarchs withdrew all their money.
This is actually a smart explanation, may explain why the usa went full russia will invade while france was telling "nothing ever happens".
Maybe they noticed an outflow of capital from those sources but rather kept their mouths shut to patch the banking system silently.
we buy silver now or what?
Don't do anything right now, the only thing you should buy is real estate during a crash, or physical goods at deep discount, not silver or gold or anything that doesn't have a real world use.
Welp with what will I buy it, if crash happens?
Your money is probably digital until you withdraw it just like ours, crash will be the collapse of price on some things and hyperinflation on other things, depends on what the prices are and where on what your moves will or should be, it's not gonna be the same everywhere. It all depends on what people need right away versus what they will sell to get what they need to not starve and how desperate they are.
you are talking to israeli shill
both silver and gold have lots of values in manufactering or medicine for example
what doesnt have any value at all is their trash fiat money
even making a blunt out of it sucks
also going back to exchange trade allows you to go around income tax legally
just trade resources for resources/services
>Don't do anything right now
No, you buy SILVER now and WAIT.
Can you eat silver or trade it easily without jumping through a bunch of hoops? Buying silver or gold right now is as useful as buying an NFT.
>Can you eat silver or trade it easily without jumping through a bunch of hoops?
Yes, same as FRN notes. And Silver is safe to consume and kills bad things. like bots.
Yeah I'll trade you my half full jug of water and peanut butter sandwich for your silver ingot there after the economic meltdown, Anon :^)
Yes yes we all already have years worth of food stashed away shut up. Stop telling the largest prepper community in the world that they didn't prep enough to have the honor to buy silver, we're not falling for that you dumb kike.
You can trade gold and silver for cash at any coin shop Just like going to the bank, retard
Coin shops?
What is this, 1952?
Half the 'silver community' are broke 20 year olds looking to chase a market boom they keep being told is coming. Same as any other internet investment community.
>people who own silver are from the 1950s
>people who own silver are zoomers
Which is it
People who old silver online are zoomers who are detached from reality and think the world works in a way that it hasn't in decades.
Go ahead and dump your silver on the local coin shop though, I'm sure its going to be absolutely stacked with cash.
>Go ahead and dump your silver on the local coin shop though, I'm sure its going to be absolutely stacked with cash.
Why would I want to trade my silver for paper
No one is going to take raw silver.
>No one is going to take raw silver.
>raw silver
Like coins? Are you trying to saying that no one will accept coins as payments for goods and services!?
movie theatres? what is this 2019?
Anyone dumping big bucks into movie theater stock is a moron.
AMC had its peak already a year ago. And that was short lived and left shitloads of bagholders that still talk to themselves about how its coming around again.
Thanks for the reminder to log into my Robinhood account. Totally forgot that I bought GameStop a couple of years ago. Fingers crossed I'm a millionaire now.
Shalom
>Can you eat silver or trade it easily without jumping through a bunch of hoops?
Good point. We should stick to fiat currency. That never loses value.
Yes
blue eyes
blue skin
absolutely aryan
>absolutely aryan
Brother you dont even know the half of it
I trade agricultural products for silver and gold. I'm small time, but it's amazing how many people have stashes of junk and sterling they're willing to trade with.
They are soft metals retard. Any fool can shave off chunks to use for trade.
>silver vs fiat seething
Might I introduce a fun and exciting third option!
>Might I introduce a fun and exciting third option!
Im long on silver and brass
why brass
Brass as in ammo
bullet casings
if shit actually collapses, which it isn't but whatever, brass would probably be worth more than its weight in gold
definitely not
Are you even American bro?
shill
>Can you... trade it easily without jumping through a bunch of hoops?
Hey Dan.
>Hey Phil.
Those are some nice chickens you got back there.
>Thanks Phil. Think I got me bout 30 of 'em now.
How 'bouts I give you 4 ounces of silver for one of 'em?
>I reckon that's a fair deal Phil.
Thanks Dan. Now my wife make dinner for the kids tonight. Care to join us?
>Sure thing Phil. I'll see ya tonight.
See you tonight Dan.
>See ya later Phil.
aye nigga, gibs me dem chikens fo i blast yo ass
2 more weeks to silvers big breakout!
>slurp my bag!
Increased demand for silver makes the spot price of silver go down.
Yes we know, memeflag.
>Don't do anything right now, the only thing you should buy is real estate during a crash, or physical goods at deep discount, not silver or
gold or anything that doesn't have a real world use.
buying silver, gold is the right play
>we buy silver now or what?
Why WAIT?
Not yet. Wait for things to crash first. First comes a deflationary collapse in stock prices and commodities, including silver. Buy soon. Then money printer comes in to save the day and commodities soar
>Wait for things to crash first.
After the crash, silver will not be available.
true it becomes impossible to order it during a march2020 style crash
but uh get platinum instead.
Yeah it will.
You'll be trading me one of your $20 silver coins for one of my $1 tuna cans.
You will give me 100 of your tuna cans for not killing you.
Nah
I'll just shoot you with my gun
What'll you do? Protest at me? Throw a bottle at my head?
I have a sniper rifle though.
Bang
>I have a sniper rifle!
Yeah, I'm sure you do. Is it nerf or airsoft?
US Military.
You see the "migrants" bring all sorts of presents.
You think the military is going to let you borrow their weapons to go around sniping people that have cans of food for sale?
Are you 12?
No, migrants bring US military weapons to Germany and sell them here, unironically.
US military gave ISIS tons and tons of weapons. Where do you think those went to?
Just have your PM dealer on speed-dial. In 2020, all the dealers in my area were sold out on the crash within a few days. Trying to catch the bottom is risky business if there's no physical for sale. This is probably the starkest evidence that the physical and futures market are completely detached.
Oh he doesn’t know…hahaha…
You fool we already used the printer twice for covid. If we print again our money will hyper inflate WE ARE ALREADY WEIMAR. but they wont tell the public because itll cause a panic flash crash.
Now? Motherfucker, you should have started buying last year!
In a credit event, gold and silver would sell initially, as would anything that isn't nailed down. But as soon as the central banks start the money printing you buy.
Depends on why you want it and what you expect. If you think the system will more or less survive then you can try to wait for it to go lower. If you think it won’t and expect to use silver to barter during a prolonged financial mess, then bug a plunger before you need a plunger.
You mean you haven't been accumulating for the past 10 years?
I love silver and have 500oz however I actually expect a flash crash before takeoff. Some of these big banks own a lot of silver that might go on fire sale.
Its $20 right now, down from $24 like q month back so it isn't too bad a time to buy but a flash crash could mean bargain lows.
Thats how 2008 played out too. Either way you better own some silver before monetary collapse.
A short silver crash is likely but you won't
be able to buy any for near spot. If it goes to $17
you will still be paying $23-24. Hell it might actually
be more
>you won't be able to buy any for near spot.
why? i hate pm sellers ripping ppl off with insane premiums, i stopped buying silver - it tarnishes and looks like dogshit also
should have bought silver yesterday
cant wait til the bail-ins start and people lose their life savings instantly
Yay
That wouldn't lead to unrest at all
You wont do anything lol
I wouldn't but someone might
fuck no i wont
those fucking boomers deserve to lose it all
>cant wait til the bail-ins start and people lose their life savings instantly
This.
Just like why other day ending in Y on planet Earth existing within human society.
>Just like why other day ending in Y on planet Earth existing within human society.
What did the 1pbtid mean by this?
That'll light the fuse on this jackpot for sure.
personal responsibility crowd gonna rob you.
>Silvergate
They know… and so do we
So get money out of banks?
>So get money out of banks?
bail ins are a thing.
>gold and silver were also useless
stopped reading there
If those israelite touch my money in the bank, I can tell you right now I am not paying my mortgage. Nor my car payment, nor any other fucking loan I may or may not have. They can go to hell and if they want my house they will deal with me and Mr. Browning. There is no way that would fly in America bucko. This aint fucking Cyprus.
>If those israelite touch my money in the bank, I can tell you right now I am not paying my mortgage. Nor my car payment, nor any other fucking loan I may or may not have.
Do not pas go. Do not collect $200. Go directly to jail.
wtf is a bail in?
bail out is when government prints money to give to the bank, bail in is when banks just take their customer's money they were holding
99.9% of us don't have a quarter million dollars in the bank, so why is the FDIC reneging on their obligations to us?
>wtf is a bail in?
The bank will take all that heavy $USD from your account, and in return you will receive a share in the bank itself!
Note that this share will be worth much less than the purchasing power of the $USD they just took from you
Holy fuck, kill the bankers. Every last one of them.
Where are the pora-a-johns?
>Holy fuck, kill the bankers. Every last one of them.
There's a whole country of bankers in the middle east though. And like 1/4 of New York City and the state of Florida.
Get your money out of large commercial banks. Credit union or brokerage account are safe.
Yes, it's better than an eternal IOU you're grandchildren may or may not collect.
Wait what was silvergate?
Crypto lender that defaulted from having to sell its assets.to pay depsoits. Huge losses on said assets because of the higher for longer inflation ass raping the price of bonds. SVB was today's casualty, I wonder who it will be tomorrow
A small bank that decided to play in the new high growth space of crypto and got burned. They lent money to crypto firms under the assumption that things like stable coins actually had real value. whoops.
I warned everyone. Crypto is set up like the early markets were before the crash of 1920s. The crypto exchanges did not implement the "black scholes" algorithm which prevents grifter whales from manipulating the market. And in this case the grifter whales were drug cartels and socialist countries.
the black-scholes model depends upon completely imaginary assumptions, which can never exist even in the central banks unlimited credit environment. it is a delusion
I think he meant to say that Merton Black-Scholes allows for no-arbitrage pricing - not that there would be some uncomplete adherence to the formula even beyond what it accounts for.
Btw, I'm assuming you're pointing that frictionless money lending doesn't exist and that's why the formula it's imperfect.
The market manipulation was almost always done by the exchange themselves pumping up the value of meme tokens with fake trades, cartels still use traditional money laundering methods recall HSBC paying next to nothing for facilitating gagillions worth of cartel laundering I'm sure they still do it
This is gibberish nonsense. Black scholes has zero relevancy here.
Crypto has been wild west from the start, but before 2017 it was largely the good kind of wild West. The thing is, it was never in the interest of states and central banks that crypto succeed or frankly even exist. It is a competitor to their captured manipulable systems that they can't control when implemented properly so what did they do? Tell me you haven't seen this pattern before; They slowly preference a retarded narrative regarding a particular state, and vigorously finance and support the adherents of this narrative over time. Anybody who objects to or points out the flaws with the narrative is progressively attacked more viciously until they are censored entirely and unpersoned as much ad possible. Once all the spaces of discussion rgarding the subject are dutifuly parroting the party line, they execute policy changes in line with their controlled narrative and claim it is business as usual, nothing to see here, this was always the plan and entirely inevitable and a good thing.
This is exactly what happened to bitcoin in 2017. It was permanently restricted in decentralised format to seven transactions per second worldwide, and any future transaction growth forced into the lightning network, which is not at all decentralised and was architected to emulate the central correspondent banking network.
All who protested were censored and banished and eventually abandoned it, and without their moderating influence the remaining stupid cunts engaged in massive malinvestment in the most obvious scams imaginable (terra, usdt, ftx et al)
It's kind of poetic justice. The glowies and central banks sabotaged crypto, but the malinvestment and the fiscal stupidity they promoted in so doing reached back to the highest levels of their shitty controlled fisher price system and are now starting to tear bloody chunks off their incompetent useless effectively state owned Central banks and their useful idiot limited hangout retail banks.
The only intelligent capital today is in precious metals, non btc very particular cryptos who are least correlated with the broader stroke of crypto stupidity and actually work as advertised and intended, and self sufficient infrastructure, off grid investments and bug out refuges for when the inevitable consequences of the above finally come home to roost.
Strap in, it's gonna be wild.
Do you just throw out random technical terms to try to sound smart? Why would an exchange implement the Black-Scholes model? Do you know what exchanges even do? Do you also know BS isn’t used in American markets? It’s also only for options. You’re a schizo.
saying "crypto" proves you will stay a peasant.
There are Bitcoin & Shitcoin.
PMs are relic of the past and Bitcoin will slurp up the growth this collapse
I agree with this. Bitcoin is the safest and most versatile asset to hold. Most people will move into treasuries thinking they are "safe" but they are actually an IOU on top of an IOU that is backed by nothing.
No its not bit coin is so volatile that if you made it the main currency things would go up and down constantly you need real time price tickers in stores to sell shit. Banks will kike your shit and crash it which they already did and itll be worthless
It's volatile because it has a tiny market cap. When it it absorbs $20M in value, the volatility will be minimal.
I've made my bet. You tell where you'd put your money right now?
I meant $20T
>Bitcoin is the safest and most versatile asset to hold.
LULZ financial advice
You mean the non segwit, non taproot, original protocol following bitcoin (BSV). Not the fake bitcoin, aka BTC
the next shoe is about to drop with mt gox. the great reset is upon us. we only wait on one man to flip a switch. iso20022 goes live on the spring equinox. the next day the moon will conjunction with saturn in aquarius. as above so below 3/21/23
Tell me more
new global reserve currency coming. the poor and middle class will be locked out from investing in crypto soon. you will need to be an accredited investor. most cryptos are going to zero. only a select few will remain. all banks are updating to enhanced messaging as we speak. emergency bank holiday coming very soon. bank runs imminent. bail in inevitable.
>huh huh huh huh ooh boy new currency
your a dumb nagger. the old debt won't go away. it will just be a more in your face slave system actually full out system. with full tracking and tracing of shit that has nothing to do with them, why? SO THEY CAN TAX EVERYTHING.
soon everything will be legal. as long as they can take money from it its fine.
>selling babies to epstein etc
>whores all women being whores
government will whorisize all women. theyll execute their plan to put everyone in simpsons movie bubble cities, track and trace you with 5G and tracking RFID chips, and 6 foot distancing so all counts of sex can be sold and bought by the government.
As long as they can take a cut out of ANYTHING you do, ... they don't care
>boy oh booy i cant wait
homosexual
>it wont happen it cant
webmrelated
I didn't say I want these things to happen. I'm only pointing out what I believe to be happening. the WEF and IMF already picked the winner, not me. blame klause
andd tell me how do they get this? by you going along with it
there will be NO economy if they get thier way. they don't care about money. The smae as theyll ruin the internet to run their digital coin scheme they will ruin money.
Everything they touch they ruin. they dont care what it takes with them.
They don't care if they shut civilization down, fucking they wouldn'/t know what it is nor do they care. if theyre being allowed to do it, whoever they are letting them have been bought out. and think power will allow them to do this.
do what tho exactly? enslave everyone to be their servants? Think about slavery. isnt it always to end that race being used to do it with?
and since this is class warfare theyll be ending themselves after. until 1 the one doing it is left.
so you take up for a big fat nothing
nigga wat
what happens now?
is it the end or the beginning
It’s the end of the banking world as we currently have it. They’ll have to move to FedCoin or some other alternative.
>Yeah bro just ignore the biggest growth of money supply on record, focus on the 2% drop instead
and this
who is fred and why do people care about his charts?
Everyone is already unemployed, the job numbers are all illegals. All that happens is more of your shit disappearings and siphons into the hands of overseas people who will work for 1/10 the wage you will because they don't have to accumulate USD.
SILVERGATE CAP CORP
If this is correct one mentioned in op pic.
Just did pump of 64%.
But on the other side
SILVERGATE CAPITAL CORP-CL
dripped almost 40%.
Wtf?
>Crypto really fucked everyone over.
>The great banking collapse has begun.
first time? noob
crypto is dead for reals this time goys. it's over.
So nice of the bankers to give us a warning to sell now after we have been in a bear market for over a year. Sell everything now goyim!
Welp. Time to put all my money into silver.
Interesting
I have 200k in crypto. It's destroyed my life watching it fluctuate so much. I have like 100 bucks in my bank account
I watched my shit go from a measly 20k investment all the way to $195k and my dumb greedy Moshe self didn't sell. Watched it plummet all the way back down to $15k and never sold any of it. FUCK
I had 3k turn into 50k in just a couple of months, now it's sitting at 9. Still not bad though.
At least you're still up. I wish I had a time machine to go back to late 2017/early 2018. I go to dark places when I think about what could've been. I could really use $195k. $15k doesn't even buy half a fucking Honda civic.
Eh. If it makes you feel any better, not selling was as much of a gamble as holding at the time. Still is. Rule #1 of investing is to not look at what appears to have been a horrible decision in hindsight while not factoring in the fact that you had no idea where things were headed or forgetting the uncertainty. You held because that 200k could have just as easily turned into a million (crazier shit has happened with crypto), which would have caused the same sort of regret you have now.
>don’t learn from your mistakes
>it will only prevent you from making more in the future
Why do you retards not take out like half. If you go more than double, you take some out so you still have a big gain with skin in the game. Common fucking sense
could be worse
>be me
>back when BTC was just starting and you could still grind full coins with a laptop gpu
>made over 500 btc, stored it in a private wallet hash i had in a txt file on a usb thumbrive
>stopped when it became unreasonable to keep grinding BTC on my old ass laptop
>move 2 years later
>lose flash drive somehow during move
>not worried about it, figure it was just some nerd fad that wouldn't really go anywhere anyway
>can't remember the long as fuck wallet hash so whatever
>crypto starts getting bigger, still never found that wallet hash (even ran high end hardware recovery software on the HDD I originally wrote that hash in a txt file on looking for it)
>get to sit and watch with my dick in my hand as BTC blows past 50kCAD per coin and theres fuck all I can do about it but cope and seethe that I lost out on a potential $25 million payday at the peak
And you sell before you make any such money, and that's the right thing to do.
Housing. Housing when it's going up, and more housing the lower it goes. That's where I do have most of worth, I own several properties. I have a few bitcoins or so, I haven't looked in years. Around 2014 I had thousands of bitcoins and I did quite nicely selling most of it between 2014 and 2016, sold virtually all of it by 2019. I still have some coins, not sure how much.There's always amazing opportunities, and retards always imagine what if, but the smart thing to do is always to get out while you can do well. I didn't do the wrong thing by selling most of my bitcoin in 2016, I made good money, and if someone thinks like that then they're not suited to making money. There's only one safe place to put cash where you get a decent ROI and that is real estate.
Well I've owned Bitcoin for the past 9 years and bought a modest home with some that I sold but I'm simply too risk adverse to buy real estate. The state can always fuck you out of your properties, maintaining properties and paying tax on it bleeds capital, and liquidating real estate takes time. A friend of mine got totally fucked by renters during covid, fuck that. I view my Bitcoin as property that I pay nothing to maintain and can take with me anywhere, preferably to a favorable jurisdiction. I think the best idea is to prepare oneself for the major disruption that is about to occur and make it to the other side with your wealth intact.
You're talking greek to me. Crypto currency is a very risky investment which could just as well halve as it could double. Real Estate is the lowest risk investment that there is which will give you actual returns, the point of real estate is that you get returns, not that it bleeds capital. If you buy workhorses then you can expect problems with tenants, maybe you want to be a slum lord, but you can just be normal and pay a small fee for an agency to do background checks and get you professional tenants. The state is not going to "fuck anyone out of their properties", you sound like a kook. A communist revolution couldn't change the situation at this point as everyone has been slaving to earn them.
Haha, your in a worse jurisdiction than I, good luck with holding on to those properties when Sunak decides that they need them for housing Moroccan immigrants. I don't know about crypto but my Bitcoin had served me well.
> good luck with holding on to those properties when Sunak decides that they need them for housing Moroccan immigrants.
do you also build nuclear bunkers in your backyard?
But at the end of the day money is a means to an end. What is it that you want? The goal is to never have to work and be comfortable, and every man needs to know what it is that he wants to be comfortable. For most people who want a nice modest middle class life that means owning a nice house and having another two or three to let out, i.e several million in property. The goal isn't to own something volatile like crypto; the goal isn't to have money for the sake of having money, the goal is to get your wealth with good returns on it, and, for common people, that means property, unless you want a higher class life so you need ten million to put in a hedgefund.
>live on the work of others, while doing nothing
>that's my live goal, to have slaves
disgusting
This is correct.
Nobody knows you have it, nobody can blacklist you from transacting with it and the cost to keep a bitcoin hoarde in your family for 1,000 years is $0.
To anyone reading this, mentally walk yourself through keeping a real estate portfolio, gold or silver hoarde, business or even a fiat bank account in your family for 1,000 years. What expenses are necessary to protect it ? What 3rd parties can make things difficult for you during inheritance or civil unrest ? If your family goes on a month long vacation, do you need guards you can trust to look after it ?
Bitcoin is zero friction, worldwide timeless wealth.
>my shitcoin will be worth something in 1000 years
You are a funny guy.
>it doesn't cost a thing
Except for the wasted energy the shitcoin network wastes around the clock
Without shitcoin network, it's over for you pisshead.
Haha, Klaus browses this board?
Klaus supports shitcoin, because it's literally nothing.
>I own 1 million FED notes in shitcoin
>wow, I own 2 million FED notes in shitcoin
Applause
Hahaha. When you really start examining the financial system, you begin to understand what fucking scam it is. A dollar at one point was redeemable for a piece of gold and now it's simply an IOU for nothing. On top of that there are far more "created" dollars than paper ones. Just wait til you see blatant financial repression measures. I'll be surprised if the current system survives 10 more years.
checked
>I'll be surprised if the current system survives 10 more years.
thats a bit generous
>A dollar at one point was redeemable for a piece of gold and now it's simply an IOU for nothing.
NO.
The FED note is a FRAUDULENT US Dollar.
It's in fact not a US Dollar, because the US dollar is a silver coin and what you call a US dollar was a US dollar *note*, because you were able to exchange it and et a US dollar (silver coin) for it.
>pisshead
good call, since crypto is worth a bucket of yellow piss
Bitcoin is not crypto though.
this is a larp. i dont believe a godamn thing youre saying. this is internet digital dollarinos and is retarded. you can't hold digital and if the electric is pulled, it vanishes
>if the electric is pulled, it vanishes
Much more damaging things will happen if electricity is pulled. Not an argument anon. Assuming electricity stays intact, a transparent decentralized ledger held secured by competing mining farms is the only way to maintain trust (apart from holding gold and silver, that is).
O agree with Nigel here.
Housing is king. The government and bankers cant touch you because they are deep into it as well
Are you kidding? Housing can be a huge liability and an easy way for out of control state officials to put the screws to you, especially in times like now.
How? If the government makes housing a liability they are shooting themselves in the foot. The estate is the biggest landlord there is.
News flash: governments are currently and always shooting themselves in the foot.
No, but I absolutely have no confidence in the current group of policy makers and their "system".
Strange that you have such confidence in online currency and everything else within the radical situation you're imagining. If governments began mass confiscation of property then things would have reached a point that the only thing you'd need is one bullet. That won't be happening in our lifetimes. This civilisation is built on property rights; the 'system' works on that those who own will have their ownership enforced and that their property will be protected, and protected with extreme force. You can see this in riots and how quickly the friendly face of liberalism becomes Deep South KKK patrol near any nice neighbourhood giving blacks boot parties in the backs of vans on sight.
The role of the state is to protect borders and enforce the law. States have failed this, they no longer care, and that's effectively State Failure/Criminal state/Tyranny. But talking about removing property rights is something else entirely, it's the basis of not just their system but generally civilisation. Especially when it comes to housing as the entire nation has bought in with their live's work. If a radical thing happened with property then a more realistic thing is that they would be paying property owners handsomely so that the government can utilize those properties. That is what actually increasingly has been happening is that UK government offer Landlords wet dream contracts for housing migrants. Highest rents, all damage covered, government takes over paying the house insurance etc, government pays for all of it.
When it reaches the point of governments confiscating housing - the end of property rights - then you will live in a world where you owning anything is meaningless, and furthermore you will live in such a backwards third world shithole that there will be no longer anything of quality produced to even buy. That's the long term third world shantytown future of planet earth where all the other races except africans have stopped reproducing and aged.
Ummm ... maybe you've been under a rock for the past 10 years but the erasure of property rights is definitely in the works. Policy makers openly talk about it.
If you say so
You never owned anything anyway.
>I own this land
>I just pay the government yearly
>and if I don't pay, my "property" is taken away
Sounds like you are paying rent to criminals.
I bought Shiba Inu 5 months before the craze for $98. It peaked at $113k and I swapped it for ETH $83k. I took 25k out for myself and kept the rest in. It's down like 70% but I'm too stubborn to fuckin sell at this point.
>be me
>be just like you
>mom complains how slow the computer is a day after I start mining.
>back when a pizza sold for 17 BTC
>oh well, don't wanna upset mom
Holy shit. You've JUSTed yourself.
I would like to subscribe to your newsletter, so I can do exactly the opposite.
the 100k meme will be fulfilled
I had 960,000 on a 50,000 investment.
$300,000 now.
I'm not selling.
>8888
>Nothing will happen
They will invent a fake number, a financial product or system to kick the can down the road. It will legit be
>THE MARVEL COIN
>IRON MAN
>WOOOOSH
>Fed passes “Iron Man Marvel, funk pop financial easing order”
>all funky pops will be worth 10 BOZRILLION!
>the budget is saved!
sounds like it will make a good movie.
It will start with a bank holiday declared on a Friday.
I’ve been trying to discern for a while who controls the bots that spam LULZ, be they CIA, China, or whoever. What’s the motive in spamming this bank garbage over multiple boards for days?
It's your own government you stupid nagger. Or Israel.
>It's your own government you stupid nagger. Or Israel
Same thing.
But one thing is for sure. The site owner is complacent in the bots and spam. So some branch of the US government owns LULZ, so nothing you say is private or anonymous whatsoever, ever since moot was forced out.
Probably wasn't private even when Moot was in charge.
doublejannie
underrated
Why do you israelite always push this lie.
Federal reserve prints money out of thin air and pumps crypto to 60k then they crash the price and claim its a scam.
Do you retards really?
You were warned, you were told and you didn't listen and now you're saying why didn't someone say anything.
Mass replyers get the rope.
Nothingburger.
They'll just print more money out of thin air and absolutely nothing will happen.
Crypto is loosing value? How can that be?
What's the spot price on absolutely nothing?
HOW MUCH IS THE CRASH?
NA NA NA NA NA
NA NA NA NA NA
Why aren't you doing this on the hate threads and pointless threads shitting up the board? Of course this isn't political and fucking ban me for it you glowing pos
Is* and I'm fucking checking these too. Fuck you
I'm just going to keep buying crypto. I'm going to "slurp le dip" as they say. If I lose everything w/e but odds are this time next year it will have paid off.
Why do people think the israelites are just gonna blow up their system of control? I really don't care if the value of these ~~*banks*~~ goes down because the money people paid for the stock is still in the israelites account.
Because they are greedy israelite that always let their pride and Greed fuck them over
We're due for some kind of massive correction. Global War, some kind of massive catastrophe that kills lots of people. Global economic depression/collapse.
They will let it crash so people will beg for CBDCs and social credit systems. Those two combined will create a slavery if all people worse than anyone on this earth has ever endured or even imagined.
Don't care. Gib me free healthcare and free money.
same. i just want to vidya and eat goyslop all day and not work a shit job. serious.
Lol imagine not thinking ~~*they*~~ are behind this. It's called a controlled demolition. israelite sell at the top. Goyim freak the fuck out and dump their bags. Likes buy those bags at rock bottom prices, rinse and repeat.
Regular cash currency isnt going to be a thing this flash crash, theres too much debt in the world. The israelite did the green pass but pulled back they played there cards too quickly. But when we crash theyll do a debt reset then introduce the digital currency. Itll be that or we'll riot.
either way we're in the end game. Im getting the fuck out of here before I DIE. you do not want to be in a crash when mexico dies.
>crypto
anon, the silver bullet is a thing. hope you have silver, anons. but all metals will be in demand. hope you can do chemistry and weld n sheeeit.
I did predict that, some 10 years ago. It was always obvious that crypto was the inflated brainchild of the money printing machine and that it wasnt crisis proof
Crypto was part of the kike push for a cashless totalitarian society and you coomers gobbled it up like the cumdumpsters you are
how you mean, today was an ATH for defi money lol, there has never been more money held in custodial wallets
What’s their ESG score though?
hahaha can you imagine the tight curls on the head of this little heeb
What is the name of the software showing this chart, or the website?
I'd like to check the chart myself
>mfw stacking silver for the past three years
/pol was right again!
Witnessed and SETFpilled
fuck off with your crypto bullcrap its backed up by dollar, because thats what those crypto holders want to receive in the end and as much as possible.
>doesn't think the collapse of the US banking system is political
How many people attended your barmitzvah?
Occupy Wall Street but armed this time.
Gonna play pass the bullet.. Just have lefties and nigs pass it body to body, that'd be great.
I don't have anywhere close to 250k, why should I care?
The concept of a "bail in" doesn't make sense to me. What's the purpose if you can't get your money out?
Keep the bank afloat without using taxpayer money from the government. Just a bunch of word play bullshit. It's still taxpayer's money. Idk if its lost forever or what
>Idk if its lost forever or what
Instead of getting a refund, you get store credit
>The concept of a "bail in" doesn't make sense to me. What's the purpose if you can't get your money out?
The bank is just stealing your money and everyone else's to keep the bank itself alive. Maybe you'll get some of it back years later. Maybe you won't.
So after the crisis of 2008, they make bail outs illegal but made bail in's legal. It's simply a plan to steal deposits. Try stealing my Bitcoin, homosexuals.
can't they delay reimbursement like 99 years still or something crazy like that.
>dumb inbred actually thinks this is only for people with 250k+ in the bank
my sides!
FDIC doesn't have the reserves to cover every bank account to 250k.
It's there to cover 1 large bank going tits up, not multiple.
what about the NCUA? plox say yes
just from a quick google search
>number of NCUA credit unions have assets totaling $1.84 trillion
there's no way they could cover every credit union going under.
true indeed
nagger, this has been known since the gamestop stonk scandal days. Fuck yourself.
>gamestop stonk scandal days
Not a thing and also that Gamestop gamma squeeze has literally nothing to do with banks being overexposed to crypto, so literally please kill yourself, naggercattle.
lol, and lol again. the cryptosqueeze is as planned as the gamestop squeeze was.
>Not a thing
Look everyone, the media is here. Hi media. I'm Adolf Hitler the worlds greatest hacker and nagger beater. I hang out on LULZ because this is the only place where I can sneed.
Its time for occupt wall street 2.0 and the mass rape and slaughter of all degenerate epstein clients and the glownaggers who defend them.
Sillicon Valley Bank was always going to bust it's balance sheets consist of loans to way over valued shitty SaaS and crypto schemes.
It's just a yet another indicator how everything is going to crash again which typically happens after giga inflation
Didn't the Fed announce something about government-backed crypto today? Great timing on their part.
I'm actually still throwing my money away into crypto to help the progress of the fall.
another economic fear porn thread, nothing ever happens, banks make money out of thin air, central banks print money for them, no banker invest its own capital in anything.
the only chance for a financial meltdown would be that all those banks engaged in unprofitable bussinesses and are operating at a record loss.
found 100g silver on the ground today
You had to be retarded to think it wouldn’t end this way. Was Ponzi scheme from day one.
Don't listen to the trolls in this thread - everything is just peachy!
>just peachy!
?t=2164
TWO MORE WEEKS
Better to be a minute late than three hours early
a wizard is always on time
The israelites do this every other week or so to simulate an actual economy. Drop about 1-2k points from Thursday - Friday, and then close for the weekend. By the time it opens everyone forgets and it goes up 1-2k in a day. It’s all a show and it’s all so tiring
This.
The stock market is 100% rigged by the fed and their puppeteers. They know exactly which stocks to buy and when to buy them, jack their values up over the course of a few days or weeks, sell, then watch it all crash again. Rinse and repeat. Do this enough and you're easily able to make millions if not billions a year. If you invest and aren't in their clubs you're just gambling. They don't gamble with their money.
It goes like this. 1 btc = 1 btc. That’s what it’s designed as. If people keep their money in btc, decentralized wallets and exchanges and even dexes - which I believe they will, then the value remains. No one is talking about taking their money out, everyone is talking about buying the lowest or the dip.
>crypto
Yeah, 0.000001% of financial activity by value was what fucked everyone over, not the housing or debt bubbles, not 30 years of federal reserve bankrolled naked shorting by multi trillion dollar hedgefunds, not outsourcing factories for valuable goods, not an inflated services economy flooded with illegal labor, not congressional corruption and insider trading... no it was the smallest value financial sector lol. Ok retard boomer.
Exactly. Bitcoin is not even a blip on the radar in the overall financial ecosystem. They know what’s coming. It’s already here. The violent transition will be painful but when all is said and done, we now have a fixed unit to measure wealth which can not be manipulated and is audited in real time. Update your unit of account anon.
>value of 1 Bitcoin in paper usd
>digital money
dont worry itll be safe. they can't hack it or nothing. they wont shut the internet down so that you can't get access to the internet that they use for it or ANYTHING LIKE THAT.
100% of what im saying is totally true. screenshot this im sick of fucking saying it have ben saying it for 35 fucking years
Do we will see a bankrun?
Does that mean that people will search for a new place to store their money in and subsequently gonna park it in BTC as literally everything is gonna tank while Banks are going bankrupt left and right?
Where else ould people hoard their money?
>Where else ould people hoard their money?
What money? People are massively indebted
WHO COULD HAVE POSSIBLY SEEN THIS COMING?!? I’m so tired bros.
Nothing is real except Real Estate - the clue is in the name. Property doesn't actually go up or down. If it goes up then it didn't go up because the only real wealth you have is in property in the first place and anything else is just a fuck around and you still need to buy property whenever you can, and if it goes down then it doesn't really go down because it's just going to go back up and you still need to buy property whenever you can.
We talk about currencies but the only real measurement of wealth is not in numbers of dollars but simple square feet and location. It's all that really exists, because it's what everyone needs, they're not making anymore of them, in fact it's reducing because of all the places turning third world that no one wants to live, the immigration doesn't stop. If you don't put everything in property except fun ventures then I don't know what you're doing. If you don't own a house you don't really own anything, your wealth is just abstract.
And what happens when you buy property and it turns to 3rd world shithole when ICE dropships some shitskins into the neighborhood?
As said, not only population is growing with endless immigration but housing is also effectively reducing for markets like white flight who have less and less places to live. Obviously the best buy is major cities and deisrable locations, in recent years many less urban and more whites locations have been skyrocketing in value. But, still, almost anywhere property gets a good ROI - it's almost the only stable investment you can actually get an ROI on. Almost every other investment is either bullshit you'll lose your money on or gives fuck all in returns.
It's been the case for decades. It's an open secret, many refuse to recognise it because it's in plain view. Many think that there must be something more, something exciting and interesting, there must be something more to the world. There isn't, anyone whose been around the blocks knows. Buy houses. You own it forever and everyone will always want it. Real Estate is the standard and it isn't changing - it can't change. Even a revolution couldn't change it because of how half of nations have been slaving to earn it.
>Real Estate is the standard
Just because it is the standard doesn't mean that housing prices can't get inflated and have a correction.
Same goes for everything else. End of the day it keeps going up. Everytime it goes down it goes back up even bigger. People who don't get it have been talking about how expensive housing is for decades and how it must be inflated. It's worth what people will pay for it, and there's nothing more important than a home and there isn't enough to go around. I'm not telling cunts anytime is a good time to get a mortgage, I'm talking about where you put your cash.
>Everytime it goes down it goes back up
Does it go back up, or does the value of money keep going down?
Crypto only fucked over stupid people
Its funny how you blame crypto for the collapse of a debt based system which was doomed from inception.
Fiat always fails 100% of the time in history.
Crypto is still above December 2022 levels, Silvergate was a small niche bank that got death blowed by Biden regulators on a crypto with hunt
There should be zero contagion from crypto, they're blowing up because they have been in seriously bad shape since at least September 2019
>Who could’ve predicted crypto would turn into tulip mania?
Literally me. It was pretty obvious from the start.
You can ask any old cunt whose been around what they would have done if they could go back. Men who made out big in all sorts of industries, at the end of the day they don't have anywhere near as much as they would have if everytime they could have cashed out and bought another house they'd done it. That's how it's done. Those are the clever ones. Just like monopoly, you land on it? You buy it.
Is cash king? Pull out of stocks? Hold whatever crypto i may or may not have? What do?! Panic? Buy Gold or Brass?! IM NOT READY
you should just kys LOL
Will I be able to afford rope? How much do I need? Will they accept silver for twine?
just bash ur head into the concrete over and over until u turn into a vegetable
I feel like I'd only get half way to a vegetative state and not be able to finish, spending the rest of my days more retarded than ever.
become a vegan that will do it
you are what you eat
why do you think crypto is any good when its based on electricity; gold nagger. its god's money. why do people like you fuck off all the time? quit being a nagger.
I was 2.5X short, then I got out, thinking there would be a larger retrace. now I'm back in, chasing the drop, missed about 5% so far. Question is, will we bounce in the next session, or will this be the waterfall?
Crypto bloodbath please
not my problem
is it over?
https://rumble.com/v2742h2-emily-tang-discusses-the-quantum-financial-system-with-nicholas-veniamin.html
https://rumble.com/v25k79w-part-3-with-documents-white-hats-bringing-down-the-banking-system-with-emil.html
RV
https://www.safedinar.com/
https://xchangeofamerica.com/
https://sdexexplorer.com/
Why are people talking about crypto? Is it just a reflexive thing for retards to bring up crypto when anything about money comes up? I remember crypto, I last bought it in 2013 and I last sold it in 2019. I should get rid of the rest of it if, if I can find it, but I guess it's sort of novel to still have a few.
Lmao anyone with a brain. Crypto is just fiat for pedophiles and the great israelite takes down anything that isn't directly under their control.
All we need is a new strain of covid to actually be serious and the stage is set.
show market caps, please
Anyone remember how UVXY went over 900 during March 2020?
What you stupid fuck? Everything is tulip mania. There's been an economic paradox running since the West somehow remained prosperous after exporting it's soul grinding labour and pollution. We've been allaying it for decades and now have to run off the cliff together in some homosexual scam to pretend it's all broken so we can forgive ourselves into a totalitarian, sousveillant hell. That's the beginning and the end of it. Very simple. By revealing this, I've probably doomed myself to some left hand rebalancing that will riddle me with cancer or unwind my fortunes, but on the off chance that enough of you realize I'm right and forgive me for indulging a paradox, maybe I'll have invested in the right things to survive the coming nightmare. Yaldabaoth knows I prepaid with the hell shared by unvaccinated people in my home country. Let's go. I'm drunk and poisoned! And so I'm going to let slip a truth. If this becomes copypasta I might well defenestrate myself. This is love and nihilism at work.
Nothing new nothing old, the cattle are still asleep and we're about to go into a d vaccine pass based economy disaster. that one ibm commercial in the 90s predicted this,
It's new only in that a larger percentage of people will give in out of fear. Inching closer to stasis because of the automation of stasi. But yes, it's been readable in the wind for decades. OP doesn't understand that we've been gambling on the bones of the devil and that certain items in this space are the inevitable road to hell paved in good intentions.
this world is just incredibly evil, who wants to actually continue this shit. I want a better future but people want suffering and blood shed..
There will be no better future without bloodshed. The entirety of the current race into stasis is predicated on a game of chicken that requires the lower classes to choose violence VS locking eyes with rich fucks who win so long as they keep their heads. It's been wild to watch people apologize away their sovereignty and even celebrate it at times.
I'd love nothing more than for all of it to fall apart.
>the stock market has a bad day
>>it's over, folks!
What fear-based product or service are you trying to sell us today, Moshe?
I hope banks ceos have the ukraine flag ready for the next big bailouts
digits and its happening
You're blaming crypto OP?
I hope your family gets murdered.
There's plenty of examples throughout US history where Americans got fucked out of their properties. Just look at the farmers in the Nederlands right now.
I applaud the elites
>create shitcoin in the first place
>get tons of retards use it
>offer drugs and cp
>it works[tm]
>15 years later
>use it to destroy your own fraudulent FED notes
>oopsie
>but you see it's the fault of shitcoins, we have nothing to do with it
I applaud, I kneel.
Haha you stupid zoomer homosexual, that was likely the plan since day one of crypto. That's probably the general idea when the top 10% of early buyers hold 90% of supply. The rest of you shitheads just buy the dips and hope some even later to the party loser buys your bags at markup. It's just an electronic Ponzi scheme.
nothing ever happens and i bet you by the end of next week everythings back in green. this clown world never ends, stop waiting for it.