>tfw braindead normie stocks like Apple outperform crypto during the heaviest recession in human history.
Is the money printer truly the savior of the US?
>tfw braindead normie stocks like Apple outperform crypto during the heaviest recession in human history.
Is the money printer truly the savior of the US?
Apple and Tesla mooning like shitcoins
Who'd have imagined that multi billion dollar conglomerates which are vertically intergrated into our economies,with customer bases in the billions, institutional support, thousands of patents and tens of thousands of phds at theri disposal could out perform coom coin...Really makes you think huh?
you have an iphone either in your pocket or on your desk
From 2007, when the IPhone was released, to 2010, Apple stock went from roughly $20 to $34
It has went almost three times since Jan 2019
tesla and apple exploding like that makes no sense right now
apple is also a lot normie friendlier the pool of people ready to pump it is much larger. If you say you bought apple, normies think you're some kind of investor. If you say you bought bitcoin, they think you're a drug dealer or pedophile
Same shit Tether did to crypto.
normies
when comes the crash
Actually it does. Their only competition is from China and it's becoming increasingly clear that the us state has no intention of letting them compete. China are also reliant on their export market and have a much better relationship with the FAANG than they do with the us state department. the upshot of this situation is that these companies hold the balance of world power. Realistically no one can touch them, they're calling the shots and the powers that be know it.
This
Still not a lot of gains unless you dump a fortune
Considering Apples declining market share, no, not really. Buffett shilled Apple which is most likely why.
Also some of you really are retarded when you say crypto has no use cases.
Owning a tiny tiny tiny share in a company won't even yield you shit except for capital gains when the stock isn't paying out dividends.
Here you are saying crypto is useless when even most crypto yields you better return than your useless company share.
You are right in 1 thing - most projects tokens are useless. But if you would know even the tiniest bit about tokenomics, the absolute basics of decentralization, you should know that utilizing a truly decentralized network requires a currency, which is the token.
With usage comes demand.
Look at LINK for example that is about to explode and already has. Everyone to use it requires tokens as currency. With a finite supply (just like your poor company stock), this will be bound to increase.
It's time you drop your retarded 1980s mindset about muh business shares and start realizing assets for what they are and what makes them increase.
Some people buy gold for millions and keeps it in a vault and then go ahead and complain about crypto. Kek fucking idiot
Apple is a 2 trillion dollar cell phone manufacturing company
This explains Apple but not Tesla.
So? Apples market share is falling behind it's competitors yet it's increasing faster.
Also 2 trillion reasons why a tiny share in the company is absolutely useless.
Gold can’t plummet in value.
exactly why people buy gold and keep to begin with, that's my point.
No Apple is about the most recognisable, trusted institution in the world with cash reserves that tower of the majority of UN member states. It owns enough data and technology to swing any election, coup any government. When the world supply chain ground to a halt, Tim personally called Ji and reopened apple's supply line, in return Tim used the term greater china in a press release. That is real power boys, they're going nowhere.
I swear it's all just dumb money flowing in because it has nowhere else to go.
Bonds are shit, cash is shit, non tech stock is shit because it got hit by corona so everything gets shovelled into meme tech stocks and it moons.
It just makes no fucking sense why apple stock is 2x the price in February before any corona shit happened.
Cringe. Imagine buying Apple products
Tesla's power comes through A its dominance in a sector that will be regulated to ensure its growth and B it's owners integration into space tech, which behind cyber, is the next battle frontier.
Normies can barely get $500 in savings but you think they own apple stocks?
Fortunately for normie retail investors they can buy fractional shares now so they can say they own apple with only $20
Tesla would have to have 200 years of their last recorded profits to pay what the stock is deemed to be worth.
It's all just meme power, just like with linkies.
It's absolutely retarded that the market has "priced in" some future asteroid mining fantasy for them. It's all just dumb money pouring in because it has nowhere else to go.
I keep seeing the same justifications why stocks is so much better than crypto.
You own a share of the company.
And what can you do with this share? Absolutely fucking nothing.. It's only useful for literal whales with millions to spend.
Even if you buy shares in a company for 1 million USD you still own a tiny tiny share in the company and if it doesn't pay out dividends to the share holders you gain absolutely fucking nothing except waiting for the price of the stock to increase by selling it to another sucker (just like crypto)..
Or what, you think you are gonna go and attend a board meeting with your 0.000001% share in the company?
Some of you guys are fucking idiots.
Unless you already are wealthy, your "but but but Apple have a huge market" or "Teslas revenues is so high therefore its full of benefits to own the stock" doesn't mean shit.
It was all set up from as far back as 2008, user. The thesis, the antithesis to it under the form of UBI and literal trillions of gibs out of nowhere, and maybe even the corona itself with its power to isolate people indoors like no other totalitarian government can. We are merely useless observers in their game, not even pawns anymore. The worst part is that you literally can't do shit about it. From all the written history since colonialism and this modern globalist capitalism, which of the countries that were beneficiary of it and held colonies flipped their governments and abolished it? They all changed governments countless of times. None of them ever rebelled against the true government, that is international capitalism. Because they never could. Only little Germany that never really fit in with the group managed to do it, and maybe Soviet Russia as well, neither of which were colonial globalist nations and neither of which survived to the 21st century. What instead survived is the rootless finance.
Bruh this shit right here makes me wanna sell all my crypto and put it into gold/silver
>Look at LINK for example that is about to explode and already has. Everyone to use it requires tokens as currency.