Multi-billionaire and manager of the world's largest hedge fund finally bends the knee
RAY DALIO CAPITULATES
Bentley Howard
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Luis Davis
Roubini capitulated too
news.bitcoin.com
Landon Richardson
is this the top or just the beginning? im getting a bit excited today and thats not a good sign
Brandon Mitchell
Just the beginning
The top is a retarded concept now
1_Bitcoin has lower inflation than fiat
2_Stablecoins allow people to cash out without leaving the market
This two things make bubbles like 2013 & 2017 hard , but a constant slow growth totally possible.
At least relative to constantly inflating fiat if boomers stop lying about inflation by adding real estate back againt to inflation indexes then bitcoin will stop going up.
Luke Russell
Fiat is bullshit money with an infinite supply. Bitcoin is bullshit money with a finite and known supply. It’s not that fucking hard. How did this asshole become a billionaire?
Elijah Lopez
>pump bitcoin
>masses buy and you sell
>drops like a lead balloon
all going to plan.
Samuel Brooks
Boomer accumulated money during gold standard and then for the next 49 years they surfed waves of pumped assets and stocks by inflation from the central banks.
now that central banks are out of tools they are lost at the fact that people are trying to escape inflationary assets.
They are the only generation in history that lived something so extreme like this with the only exception than the post flavian dynasty romans who lived something similar.
Colton Bennett
This. Dalio has probably been in Bitcoin for a while now.
Charles Kelly
It's a bit frightening how someone who advocates for an open mind and an idea meritocracy is slow to understand a paradigm shift.
He is half a decade late.
Is this the fate awaiting us when we are older?
Oliver Davis
>FOMO.jpg
Kevin Martin
Sounds like we should probably beat them up and take all their stuff.
Austin Taylor
is it possible for a boomer to know he’s stupid? this proves it might be
Ayden Harris
Roubini surprises me the most, since he was so vicious in his criticism before.
Noah Taylor
Bitcoin will be the new gold. It's a better store of value in every conceivable ways and ways unimagined. As for currency, the entire world is rolling out CBDC's - these will be the new stablecoins. If CBDC's don't put the spotlight on Bitcoin, well, they will. Retail, for once, is getting to frontrun something ahead of institutions which are rolling in now. This is completely unprecedented and we will see supernormal returns. Based on supply demand economics alone it's going to 100k, that's a given, what people don't realize is that it's not going to surpass golds market cap, it's going to tear it up.
Jack Smith
No we should fix the system that is causing this , confiscatory policies end badly and revolutions tend to eat their creators.
Levi Price
>media attention
this is your sell signal, Zig Forums
Andrew Foster
not if you microdose psychedelics to keep your brain plasticity high
John Ramirez
Ray Dalio is already in. This article is FUD.
Isaiah Evans
Literally whomst is this dude
Benjamin Cruz
Clearly the local top. When idiots and normies start capitulating they get dumped on and sell like the weak-handed faggots they are.
Then they miss the real moon, months later.
Tyler Parker
ray Dalio is one of the smartest boomers and it took him this long. the others have little hope.
Gavin Hughes
He is a keynsians , keynsians lie to support their policies , he knows that after the velocity of money returns the next two years bitcoin will go above 300k.
He is smart enough to know that keep fuding will destroy his reputation but make no mistake as a keynsian they want total control so he probably hates it with all his life energy but as a smart bastard knows when to fight and went to to fighta battle.
You are correct at gold marketcap minus 4m inactive coins you get a price of around 490k per bitcoin.
But gold has not been "gold" since even before 1971 , in bretton woods it acted as gold for the usa which indirectly it acted as gold for the world due to the usd being the defacto reserve currency.
But gold has been shorted constanlty and inflated with paper gold reserves so the gold price is actually insanely supressed.
I would not be suprised if gold real price is above 500k but what goldtards don't get is that since gold can't be moved internationally the market price is irrelevant since the price is put by the markets in which they can inflate it with paper gold.
They can inflate bitcoin too but the market price wins a week or two later and is back again since people want to have it in their wallets thanks to mtgox.
Ian Morris
>and went to to fighta battle.
* and went not fight a battle
Austin Hughes
FINALLY holy shit about time. This is his chance to actually have a relevant hedge fund again and preserve his legacy
Benjamin Evans
Nope there is enough short term fomo here to propel us higher. I don't think we'll see any major corrections for awhile and then they'll be bought up very quickly
Hudson Diaz
No they aren’t dense just lying through their teeth
Owen Lopez
Golds market cap isn't anywhere close to where it actually should be in this world of unquantifiable derivatives
Nathan Wright
He isn't stupid, he just didn't grow with the internet so it's not easy for him to understand the fact that internet will absorb our entire human reality.
Brandon Mitchell
He is a Zig Forums poster. He was fudding and now fomoing for all the normie retards.
Mason Scott
BTC sama, I kneel!
Landon James
The boomers are the most irresponsible, lead brained, spoiled humans. Imagine going through the great depression and ww2 only to have your kids ruin the earth with pollution and live off a pyramid scheme and then vote fascists into the government all the while denying reality itself.