Stocks: >governed by market trends that can be effectively

>>>/rgt/

People have a natural desire to speculate and make profit

Unfortunately crypto is a Ponzi scheme

>>2776874
ehhh to be fair, shitcoins are going to consolidate into 2-3 major coins that might actually be worth something in about 5-10years when major banks take them over as an alternate means of exchange.

>>2776874
As if the mining hardware isn't a hard asset with a niche industry of manufacturers dedicated to making more efficient mining hardware in expectation of greater competition and widespread adoption in the future.

Altcoins are shit though. Bitcoin is king.

Stocks

>heavily inflated due to ludicrous amounts of fiat money
>central banks are biggest stock buyers in the world
>Swiss Central Banks owns more facebook shares than zuckerberg
>BOJ is top10 shareholder in 90% of nikkei listed stocks
>zero market breadth - S&P/ Nasdaq bullrun is pretty much powered by a handful of stocks (which, again, are subsidized by various governments)
>massive bubble
>cant buy anything with stocks
>capital gains are taxed

bitcoin
>hard cap on coin circulation
>not controlled by central banks
>massively undervalued
>can buy all kinds of shit with bitcoin
>no capital gains tax

hm where should I put my money...

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>>2776910
>>massively undervalued

>>2776984
>be bank
>put money into clients account out of thin air
>implying modern electronic banking isn't massively overvalued

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>governed by market trends that can be effectively predicted
>backed by real assets, unlikely to lose everything
>pay dividends because you are owning a piece of an actual business

BITCON is replasment for world banking system.
What is the capitalization of the world banking system?
https://pastebin.com/ZUxTmR99

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>>2777023
Holy shit, you didn't ride that did you?

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>>2776984

>he thinks BTC topped out in the low 4 figures

>>2777023
b-buy the d-dip!!

>>2777029
how much is the capitalization of the world banking system?

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>>2777033
nah i'm not a senile grandpa

>>2776998
>be bank
>create my own crypto im going to use

>be regulator
>banker tells me to ban independant crypto because it facilitates illegal activity

its like investing in a ticking timebomb hoping not to blow

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>governed by market trends that can be effectively predicted
>backed by real assets, unlikely to lose everything
>pay dividends because you are owning a piece of an actual business

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what is this?
NMR? DGB? ARK? Bitbean?
ummm no sweetie it's a stock governed by market trends that can be effectively predicted and is backed by real assets, so it's unlikely to lose all its value and on top of this in pays dividens because it is an actual business!

>>2777091
>mfw stock fags try to act like their so much better than us crypto traders

>>2777091
>9000 to 15

Holy shit, not even DGB was that bad

>>2777091
How about putting 1k in a stock like this? Either you lose the 1k or you make massive gains eventually. Good idea?

>>2777023
WEEEEEEEEEEEEEEEEEEE

Stocks actually have very low rate liquidity/capitalisation

>>2777091
sweetie posting makes my dick kind of hard, is this normal?

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>>2776874
>governed by market trends that can be effectively predicted
>backed by real assets, unlikely to lose everything
>pay dividends because you are owning a piece of an actual business

>>2777206
buddy, enron is an exception to the rule, shitcoin losing 90%+ valuation within a week is a common occurance

>never actually used, 90% of transactions are retards trying to predict if other retards will buy or sell

Is this true? What about people paying for VPN's and other online services that offer bitcoin? A while back I remember meeting someone who paid for a megaupload account (back when fileshares were huge) using bitcoin. Anyone have insight on this? Is it rarely ever used?

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>>2776874
>governed by market trends that can be effectively predicted
>backed by real assets, unlikely to lose everything
>pay dividends because you are owning a piece of an actuaI business

>>2777207
post the last 5 coins that lost 90%+ of their valuation within a week

>>2777174
I know that graph may not be of a big company, but remember AMD and Ryzen.
Fucking stock skyrocketed.

>>2777208
shitcoins are weighted on their ''''future potential'' which is sketchy at best, whether it will be the next credit card is almost purely the matter of speculation

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>>2777213
this is the last 24 hrs, shitcoins die all the time. remmeber milocoin, dogecoin, mooncoin? and like 50 other shitcoins of the week being shilled in the past year

>>2777218
when you live in a soon-to-be commie shithole and expropriations are only a matter of time it's kind of a good safe heaven

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>>2776874
>governed by market trends that can be effectively predicted
>backed by real assets, unlikely to lose everything
>pay dividends because you are owning a piece of an actual business

>>2777226

this
i feel much more comfy having my money in bitcoin than have it sitting in a bank account

>>2776874
>backed by real assets
Hurr Durr i invested in snapchat. Its worth $18 billion, which is somehow (almost) as much as Ethereum.

>>2777225
>90%+ within a week

I see none tho

>>2776910
>no capital gains tax
Where the fuck do you live anon?

>>2777236
>snapchat
>backed by real assets, unlikely to lose everything
>pay dividends because you are owning a piece of an actual business
:^D

>>2777241
captial gains tax is voluntary :^)

>>2777226
you do realize even bitcoins can lose 50%+ of value if a bunch of bureaucrats decide its mainly used for illegal shit and ban it in america

>>2777256
nice just bought 100btc!

>>2777256
>bitcoins can lose 50%+ of value if a bunch of bureaucrats decide its mainly used for illegal shit and ban it in america

yeah like that time when they banned alcohol and the price plummeted
oh wait actually the price skyrocketed

>>2777234
How would I go about purchasing Bitcoin or other 'crypto-currency'?

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>>2776874
>governed by market trends that can be effectively predicted
>backed by real assets, unlikely to lose everything
>pay dividends because you are owning a piece of an actual business

>>2777279
because most of population causally indulges in bitcoin every Friday night

>>2777285

how would you ever buy drugs?
theyre illegal after all, right?
so its impossible to buy them obviously
its not like a black market started filling demand instantly after they were declared illegal

Stock market is 10000000 times more legit than any retard coin. Highly liquid with accurate and timely info as opposed to autists trading fake internet monies so the can buy heroin and pedo pics

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>>2777256
btw rly made me think

>>2777306
>using cpi adjusted of 80 years ago
yeah buddy i love accurate results too

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>bro enron was clearly the exception to the rule bro don't you know like stocks are stable n shit bro

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>>2777318
yup i can see the crash here thanks

>>2777321
hang on a sec, are you telling me....that .....companies can go bankrupt? fuck man thats like so mindblowing

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>>2776874
>governed by market trends that can be effectively predicted
>backed by real assets, unlikely to lose everything
>pay dividends because you are owning a piece of an actual business

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>>2776874
>governed by market trends that can be effectively predicted
>backed by real assets, unlikely to lose everything
>pay dividends because you are owning a piece of an actual business

>>2777405
if only i took finance 101 and learned about diversification

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>>2777413
>haha yeah bro I love diversification of my money, can't wait to put my life savings in some diverse financial instruments like the bottom tranche of a mortgage-backed security! fucking so efficient and backed by real assets bro!

>>2777443
very bright you are not

>this thread
Holy shit lol I will never let some stockfag ever pretend he's more sophisticated than a shitcoin trader again.

>>2777514
Please defend the subprime housing bubble and explain why "stocks are backed by real assets n shieeet"

>>2777514
le star wars reference haha xd
fuck off to reddit already you niggers, we don't want you, you don't like us, fuck off
is reddit so obnoxious that they go to places they are not welcome and they like just to be stubborn?
holy shit

>not realizing that the whole crypto market will be worth hundreds of trillions in less than 20 years

Nasdaq is worth 10 trillion and only disrupted trivial industries like postal services, newspapers, tv, films, music, etc. Blockchain is going to disrupt banking, legal services, insurance, international trade, not to mention new industries that will be born with the internet of things.

It must suck to be a shortsighted nocoiner...

>>2777533
stocks and mortgages are backed by assets, but it doesnt mean the assets will retain their worth. its because of this reason you should diversify in different industries.

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>>2777570
>garbage is an asset
lol ok if you say so

>>2777583
did you even read what i typed?

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>>2776874
Why not BOTH stocks and crypto? I unironically consider expanding to stocks after I had some success with crypto. It turns out I love investing, after all. I particularly like the idea of fundamental analysis, the power of prediction is mind-boggling (though in crypto, I'm more of a swing trader putting in various shitcoins)

>>2777628
an asset with marginal worth is barely an asset at all

>muh diversification
ok stick to your mutual fund that doesn't even beat the market friend

>>2777116
That's the graph correction for reverse splits

It was never actually valued at 9000. A good example of this (noticed by your fellow /rgt/ memebrs) is DRYS where it's value/share chart currently says it was once valued at nearly $6,000,000/share.

Also, the examples posted by this idiot
>>2777091
>>2777070
>>2777209
>>2777232
are not only ones that went through with reverse splits, but on the surface, they're blatant sketchy penny stocks (often Greek or Chinese in origin). These stocks make up a very small percentage of all available securities. Meanwhile, crypto fraught with scam coins and garabage coins. They make up a far higher percentage of the crypto market than sketchy penny stocks do in the stock exchange. And this board proves it. The ones that stick out to me the most are
>milo coin
>trump coin
>doge coin
>nigger coin

When crypto falls, like it currently is doing now (so it seems from the all the damage control threads about "muh bags"), there is no reason given for why it is happening. Even for when the price goes up. It all seems random. Meanwhile, stocks can be more predictable due to earnings, financial statements, innovations, changes in leadership and practice, mergers, buyouts, etc. It is a much safer route. It really isn't as closely related to gambling as much as crypto is.

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>>2777684
>Lehman Brothers and Washington Mutual were penny stocks
dumbest post i've read on /biz/ today, congratulations

>>2777706
you dumb nigger do you see where the majority of those prices are? They turned into penny stocks as soon as they hit $5. kill yourself, crypto poster

>>2777744
>backpedaling this hard
Before they tanked they were blue chips lmao

Stockfags are fucking delusional

>>2777744
>>2777684
Here, I will link your retarded ass since you were probably underaged in 2008

https://en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers

>>2777750
>believes a secret set of numbers on the computer is actually worth money and will become ever more valuable
>doesn't believe the price is based on mere speculation and pump and dump shilling

Cypto shills are fucking delusional.

Have you ever bought something with crypto currency? Odds are you haven't. A minuscule fraction of a percent of crypto holders actually use it, and it's only a matter of time before people realize how worthless it is and it will all become worthless.

>>2777817
You thought Lehman Brothers was a penny stock

I can't really take anything you say seriously, just laughing at how blatantly underage you are.

>>2777817
here's the million dollar question:

do you understand how the blockchain works?

>>2777630
bad luck and lost money lost for all lion king jr lovers

>>2777825
I'm 25 but you can go ahead and ignore my crypto argument with the same "lol underage" rhetoric. Yeah, admittedly, I skipped over the title of your charts. But the argument remains that those are cherry picked securities out of thousands of valuable, proven stocks. Meanwhile, people are realizing the poster children of crypto, BTC and ETH, are actually pointless. And any other new crypto that pops up succumbs to a pump and dump scam. Not the case with stocks. So tell me, what's the future with crypto?

>>2777888
You're 25 and you don't remember Lehman Brothers going bankrupt and kicking off the financial crisis?

This is embarrassing. I know more about the stock market than you and I don't even trade it.

Exchange Market:
>Governed by the whims of idiots speculating
>never actually used, 90% of transactions are retards trying to predict if other retards will buy or sell
>backed by nothing, worthless and imaginary
>only pay what you can sell them for, which will be approximately $0.0001 once the horde of idiots moves on to speculating on the next coin

>>2777914
I do but never cared because I never really felt the effects of the recession. I never got into money until the middle of university. But I know enough to know how worthless crypto is. I think it's embarrassing that you can't back it up.

>>2777250
Yeah this is the shit that gets you fucked by law enforcement

>>2777943
>>2777832
answer my question you stupid fucking faggot

>>2777570
>telling everyone the most basic shit

Mhm okay genius

>>2777943
Why would I care about convincing some idiot who is obviously not very well read in finance/economics?

>>2777845
Luck has been on my side so far.

>>2777948
Yes.
Happy, faggot?

>>2777888
>>2777914
>I'm 25

Nice very relevant!

>>2777958
No real arguments besides name calling.

The irrationality of crypto shills. Never change :^)

>>2777979
You didn't even know the financial crisis was a thing, of course you don't understand crypto.

>>2777965
bullshit, retard

if you ACTUALLY understood how revolutionary it is, you wouldn't be here spewing Jewish nonsense

fuck off

After reading this thread, imma go live in the woods.

>>2778004
>You didn't even know the financial crisis was a thing
When did I say that? I said it didn't affect me.

>of course you don't understand crypto
Anyone with half a brain can see how much of a scam crypto is. And you have yet to back up its value.

>>2778036
>And you have yet to back up its value.
Why do I have to? The market clearly values it a lot more than you do. It's very clear you've made your mind up and won't change it, so, why waste my time?

>>2778036
welp

there it is

OP has half a brain

>>2778049
>Why do I have to?
You don't. But I'd like to hear your pro-argument for crypto since you seem to be defending it. Yet you have no defense.

>The market clearly values it a lot more than you do
Of course it does. And soon enough, if not already, they will see there is no value in it.
>why waste my time?
I'm asking the same thing because I'm waiting for

>>2778093
*because I'm waiting for a sound argument

>>2778093
you're short sighted and spoiled, that's the problem

95% of the world doesn't have banking like you or me

we're very privileged

think globally

or does that hurt your (half) brain?

>>2778009
dont sweat that anon, they are probably too retarded and the Jew in them only focuses on the Currency part of this.
Because the Blockchain system itself is the invaluable thing here. Satoshi must have been a Davinci tier genius, or some deepstate op.
This is the shit thats going to make digital piracy non-existent, and much more. Once more engineers focus on the tech and not trying to replace bitcoin or fiat itself. Big corporations are already hiring Blockchain engineers with close to six figure pay.
It sounds like it could lead to some 'mark of the beast' type shit easily. But I find that questionable, because why should I listen to a book thats been rewritten and censored by generations of satanic pedophiles.

>>2778093
>Yet you have no defense.
If you don't get the appeal of decentralized money by now, nothing will convince you. Enjoy being a nocoiner.

>>2777443
Holy cow, this shitcoiner really is mad.

Companies can go under, but even then they're a million times more reliable than your imaginary "currency." Plus they pay you money for owning them.

>>2778326
>Plus they pay you money for owning them.
>oh man i cant wait till my 2% annual yield on my dividends, gonna buy some toys for my wife's son

>>2777945
stay mad taxpaying cuck, keep paying for those neetbux

>>2778339
That's in addition to and compounds with the stock price going up. And 2% is a shit dividend.

You can make more by speculating on shitcoins, but you can also make more speculating on pink sheets. But the thing about speculation is it's very high risk.

Why don't you just admit that you're gambling?

>>2777048
Most banks are allowed to loan out 10x of what they actually have, at least with Bitcoin it cant be manipulated like that, and the funds must actually exist.

>>2778540
>Most banks are allowed to loan out 10x of what they actually have
You are mistaken. They are required to keep 10% of their money on hand, and the rest can be loaned out. They are not loaning money they don't have.

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>>2778561
>They are not loaning money they don't have.
my sweet summer child

>>2778578
You're such an idiot. A bank run proves nothing.

If 100 people all put in $1, the bank has $100. They are allowed to lend $90 of that. That is not the same as "manipulating money" to lend $1000.

If all 100 people ask for all their money at the same time, there won't be enough on hand to pay them. That's what a bank run is. But a bank doesn't lend money that it doesn't have. That's impossible.

>>2776874
>>governed by market trends that can be effectively predicted
I assume you're a billionaire by now if you think stocks can be predicted.

>>2778873
But that's wrong you fucking retard.
If you deposit 100 in a bank they can lend 1000, why do u think it's called FRACTIONAL RESERVE
hint: it's because the reserve is a fraction of the outstanding loan

>>2779128
No, a reserve is a fraction of the deposit liability. Their reserves are equal to the amount of your money that they don't lend out.

How do you not get this?

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>>2776910

>>2778138
I will, thanks. Enjoy pissing away your life savings.