You do if you think hiding your money is a good idea
Robert Murphy
i think they will.
>down 70% thats a very negative way of looking at it, considering its going up 1000's of % over the last decade, theres a reason why its gone up
crypto is the fiat destroyer. Crypto is money, it represents exchange of value, all on a decentralized blockchain..
Crypto Re-invented the wheel in a superior way, and humans will continue to adopt the most modern technology.
Lincoln Mitchell
They will diversify and if just enough money enters crypto it might spark another run.
But that's wishful thinking.
Lucas Harris
it's not hiding your money it's losing it
no normies looks at bitcoin and says "wow it's still up from $1" they see at as "wow it was 20k now it's 6k what kind of idiot puts their money in that lol"
the human condition is to see the negative as far as adoption goes, people adopt when times are good not when they are scared for their next mortage payment
Elijah Jenkins
kek. maybe jamie dimon yelled that at his bedroom ceiling shitfaced earlier tonight. it's not a real headline though, that's for sure. you will never see the head of a major bank warn of a crash in advance. it doesn't work like that.
>wow it was 20k now it's 6k what kind of idiot puts their money in that lol
Would I rather have my money in a deflationary asset that’s already 70% down or in the market that’s at ATH. Hmm...let me think about that one for a bit
Christopher Price
So glad to see all those smug fucking wagies get rekt. Fucking Jow Forumsfinancialadvice pussies with their 'safe' investment strategies get splattered all over the pavement and their home values turned into nothing. My dick is hard as fuck.
Jacob Peterson
this, it's all about what normies think/feel the only way crypto could profit from a massive recession is if gold was actively being confiscated in large amounts and they looked for the subjectively second best option to hide it. with modern technology its not that hard to find it (you couldnt hide it in your house like say 100 years ago)
Thomas Walker
what is wrong with you?
Dylan Ward
NPC spotted
Dylan Collins
Wow its almost like JP Morgan is now net long on all that fucking physical silver they have been hoarding at the Comex.
>they are
Michael Anderson
YEAH THAT'S RIGHT FUCKEN DIE USD BURN IN HELL WORTHLESS PIECE OF SHIT
Adrian Howard
any other old memes you have in stock?
Ethan Collins
Buy high and sell low amirite lads?
Josiah Adams
Im all in chainlink how fucked am I?
Camden Foster
what are you going to buy ?
Brody Gray
Because anyone with a brain can see that the underlying problems that caused the 2008 mini-crash were never addressed. They just pushed interest rates down and called everything fine.
People like myself would say "hey, glad you're stocks are doing well, but this is clearly the result of the Fed printing money and a decade of 0% fed funds reate" and they just laughed at us and at crypto.
When you tell them that crypto is actually the safe investment all you get is that fluoride stare.
Jayden Miller
brainlet here
How do 401k's and retirement plans? All I want is for boomers to go totally broke and have to be homeless and leech off social security collapsing the whole fucking system itself.
if crypto isn't directly following the stock market trend, then how come BTC is also down right now and not vice versa?
Christian Mitchell
Even if it drops 40% tomorrow, in a year from now you'll be up if you don't sell.
Landon Sanchez
Because BTC is finishing its meme triangle... then its going to have a bear trap, then its going to moon. Give a week or two.
Lucas Smith
Just like in 2000 or 2007 right?
Levi Thomas
checked
Levi Johnson
You idiot, the boomers are promised their retirements. This will never go away. Same with Medicare and medicaid. To counter that, they're going to raise your income tax to 60% and banks will start getting bail ins instead of bailouts.
Angel Phillips
just minutes after you posted this it crashed another 1% lel
Civil war when? The founding fathers would approve
Brayden White
at least americans will be getting a free trip to Iran soon
David Green
Make sure you get out of crypto first. Crypto will near crash to fucking nothing with the stock market. Then when crypto is at its low point you buy as much of the shit you can.
Jeremiah Ward
Uronically what I am waiting for.
Julian Rivera
remember: if the dollar falls and the price of one coin remains the same, its falling with it.
Brody Perry
is this what we're seeing with BTC?
time to switch to gold then like a boomer cuck since crypto is gettting REKT
Nathaniel Sanchez
The dollar is INCREASING in value due to higher interest rates. We need high interest rates now. We need SAVINGS and strong currencies in the West or we will be Venezuela in no time.
Alexander Baker
This is why everything is going down.
Owen Bennett
Trump says they need to stay low.
Colton Nelson
He was bitching about it for the mid terms. We need the crash. We need people to start saving in strong currencies.
Liam Garcia
Just in time for mid-terms.
Blake Rogers
>Didn't see that part where all the other major markets across the world are down too.
Jace Fisher
> >NPC spotted You are a white supremacist
[End sequence]
Levi Ross
I'm hoping for a crash for one reason only, so we can all blame it on Trump and watch people turn on him.
Dylan Wright
No joke if I had a trillion dollars I'd spend it all trying to ruin boomers finances.
Brayden Ramirez
If asian stocks crash when they open in 5 hours how hard will the dow collapse today?
David Myers
Gtfoh u faggot
Wyatt Hall
That means it'll go up
Levi Butler
Jow Forums here. sage and ignore crash/recession threads.
Sebastian Thomas
>Jow Forums here Fuck off
Robert Torres
He who angers you controls you.
Dylan Powell
>t. bitter crypto loser crypto is fucked too it is powell vs. mnuchin. nothing for you there anyway
So do we switch from crypto to gold now like boomers?
Juan Parker
>bear until 2030
how depressing
Ryder Robinson
we don't like people. you best turn back
Austin Hill
fucking this, when the dollar implodes people wont be buying groceries with crypto let alone buying crypto, the crypto economy has no real infrastructure that you can live off and this is what will crash crypto to nothing, but this will unironically be the best time to buy the dip after it crashes hard because it will rally when economy recovers
Luke Cook
i know this to be true, i'm just trying to hoard my cash instead of buying now.
Cameron Gonzalez
go back and die there
Logan Perry
if that happened a literal race war would break out eventually
Justin Miller
I feel like gold will be the best thing to tie your currency to before inflation fucks it because as things get more expensive people will be cashing out the crypto market and buying into the gold market as chinese and russian currencies will be more strongly tied to gold
Chase Morales
Yup. First the crash, then people start asking questions and questioning the integrity of the financial system, then the idea of crypto as an alternative start spreading, then you buy. This leaves us a few months
Austin Anderson
He did nothing but increase interest rates. Your full of shit.
Asher Adams
If God blessed Satoshi then maybe he wouldn't be dead
Jayden Evans
>T-They are hedgin in crypto! Remember those threads from yesterday you brainlets? We told you.
Ian Bailey
>Trump raised rates
Owen Roberts
So u are saying people with millions of dollars are going to just sit in a collapsing fiat system instead of simply buying bitcoin. Ok.....sounds about fucking right u total brainlet.
Dominic Nelson
this silver backed $ incoming, as secret user warned us.
Kevin Williams
Secret user here who predicted this (dead srs it's actually me, I spend way too much time on this shithole).
I'm doubling up my physical silver holdings this week. If you can't get silver get gold or BTC.
Just get the fuck out of stocks and shitcoins you faggots while you still have some money left. The market is going to implode
And yes I still do think there's a high chance jpm attempts to back the dollar with silver. Again China and Russia have been hoarding gold so it would be a good way to hurt them
Also.silver has real industrial use cases
Sebastian Adams
I'm unironically believing you and started to stockpile a shitload of silvers coins (1oz Münze Österreich Austria coins) since your prediction. I'm a poorfag so i can't buy tons of it but i've a good feeling it's the right thing to do.
Jaxon Flores
the writing is so clearly written in the walls it seems,
>Inflation at alarming rates with alarmingly low price action >clear bubble forming from every angle >Trillions of $ in debt theres no way of paying back >JP Morgan Literally hoarding fucking silver in front of our eyes >interest rates >trade war
This seems like a textbook recipe for disaster.
Kevin Ross
the industrial usefulness of silver is infinitesimal compared with the holdings necessary to back a currency. Do you realize the kind of warehouses of this stuff (which is at practically a record low price) it would take to back up a currency. No, not practical whatsoever and absolutely ridiculous.
If you want a metal with high industrial demand invest in something like indium or tin.
Ayden Cruz
Does that mean we control (((them)))?
Nathaniel Baker
its almost as if company earnings is also growing rapidly Hmmm really makes you think. Guess thats why the market is still going up even during QT :)
Carter White
Public consumption is not growth. This includes niggers on food stamps buying fanta grape
Jose Clark
What should someone do with 15k of Canacuck bucks?
like my god, after what just happened with crypto I would be dumping the shit out of that
Hunter Brown
Soon the boomers will die and lose their stronghold. When that happens, we will abandon them to rot in Walmart Retirement Subsidiaries. When the boomers and their toxic death grip are gone we will make anime real and we will all make it.
Jace Rodriguez
Homes are litteraly the best asset right now besides gold.
Henry Cooper
>Jow Forums here >believe what our circlejerk tells you to
Kys
Jack Cook
Based, once NPCs buy into crypto, I can sell into stocks
Dominic Clark
>stock market goes down like 5% >IT'S OVER THIS IS IT FOR SURE THIS TIME IT'S HAPENNIIIIIIIIIIIIIIIIIIIIIING holy shit how many times have I seen this happen
William Ward
Damn, looks like the Jews are out of options and pulling the plug to take out Trump
Cameron Collins
>but increase interest rates Do you know anything about the Fed?