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This board is for the discussion of topics related to business, economics, financial markets, securities, currencies (including cryptocurrencies), commodities, etc -- as well as topics relating to starting and running a business.

Discussions of government policy must be strictly limited to economic policies (fiscal and monetary). Discussions of a political nature should be posted on >>>/pol/. Global Rule 3 is also obviously in effect.

Note: /biz/ is NOT a place for ADVERTISING or SOLICITING. Do NOT use it to promote your business, ventures, or anything you may have an interest in. Anything that looks remotely like advertising or soliciting will be removed. Begging/asking (including tipping) for cyptocurrencies or asking for money/capital is also strictly forbidden. Want to advertise? Buy a banner /biz/ targeted banner ad: https://www.4chan.org/advertise?selfserve

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400%-600%-800% returns, ratcheting up all day everyday, what's the point of working or applying yourself when you can just autowin life with ETH?

seriously is this what rich people feel like - i'll just get blasted on coke and rum with my hundreds of thousands of stock dividends - fuck
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>>
>being sad because money
...
Work on other things. Push your body to its limit. Travel the world and force yourself into situations you wouldn't otherwise have confidence to (talk to beautiful strangers), help out those in genuine need, and try marvelous food you haven't tried before. See sights and experiences you haven't seen before. How fast can you run? Can you climb? Can you snowboard? Can you kickbox? Can you stretch your leg over your neck? Do something silly and dangerous.

So much to see and do... don't kid yourself, anon.
>>
>>2003951

thanks for providing your perspective. I had a very similar experience, except I never got to the rich part.

How expensive were your average production?
>>
>>2003814
so ETH isn't a meme?
>>
>>2004090
>yolo!!
kek, truly a zombie of the time.
Guess what, you dont have to do or experience anything before you die. The fact you have one life, like mem atheist morons enjoy repeating over and over in no way means you should try to experience as much new things as possible.
Unless you wanna live a meme life.

Reminds me of a book written by a soldier. He just kept on reapting retarded banalities and cliches about his motivations and desires.
He was a walking meme. Dont be one.
>>
>>2003872
But I do have coins. So now what?

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I'm a robot from /r9k/. Some dude made a post regarding how his family life got destroyed after revealing how much he earned from ETH.

I spent the next 4 hours reading through the guides and stuff, and I'm proud to announce I'm now the proud owner of 1 ETH.

I hope I didn't fall for a meme. Looking forward to buying my first ticket to the moon.
>>
Good. Buy PIVX, XRP, and BitBean next.

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ETHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
Can't wait to fuck some bitches
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>>2004036
Its going to 1k eventually /biz/ is always right
>>
>>2004044
EVENTUALLY SURE

BUT NOT BY TOMORROW WHAT THE SHIT

upswings this sharp cannot be maintained...
>>
>>2002947
>tfw saving the thumbnail
>>
>>2004064
By the end of this year easily. These increases are sustained by big corporations. Not weak handed individuals.
>>
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If you watch the order book you see long sequences of price increments of ask quotes for 0.01 ETH. Once the top of the book if filled, it causes a cascade leading to upward momentum.

So a bunch of algorithms and people look at the price, not considering that the price is only quoted at tiny volumes, and buy until the price is reached where the algo is quoting for a significant amount of volume.

It's market manipulation, but it's fine by me as long as they don't slam it later on.

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Is it too late to become a millionaire with ETH? Even if I spend something like $5000 I'd only have around 77 ETH
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>>2003013
ETH, GNT
maybe 10% on XRP (price controlled atm still early days), but I could see it going to $5 in the future)

C u on whatever planet i see u
>>
>>2002779
It'll only be too late once it goes mainstream like Bitcoin did during the first bubble, which I think is going to happen very soon. I forgot which one, but there's some darknet site that's gonna adopt it within the next month, which is sure to raise the price by at least a little bit, but the really interesting thing is that the EEA just had a major presentation on it on the 26th (if I remember correctly) which caused the resent price hike. I don't think it'll stagnate like DASH either because the underlying technology is completely different from other cryptocurrencies.

Look at it this way: People were saying a week ago that it's too late to buy in at $50. Your $5,000 would have been $7,000 today if you bought a week ago when people were saying it's too late to make a profit from ETH.
>>
>>2003610
https://en.wikipedia.org/wiki/Supersingular_isogeny_key_exchange
>>
>>2002779
I've got about 3.5k in ETH
$100 in Strat
$100 in TRST
>>
>>2003099
no plan, depends on what the price does

if it double tops i'd sell everything and buy back lower because thats probably a great indication the alt bubble is done, if it keeps rising i'd probably keep holding because i dont need the money now.

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N E X T S T O P M A R S
>>
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some retard on reddit shorted his stash at 50$ thinking it would dip down to 46-47$ again

day traders are degenerates, buy and hold that shit desu
>>
>tfw its at 100$ CAD/ETH on coinbase
>>
>>2004072
It's a bit disingenuous showing the ETH/USD and not the ETH/BTC chart, it rises with BTC.
>>
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>tfw people thought 6$ was the top and sold their stash
>tfw people thought 12$ was the top and sold their stash
>tfw people thought 16$ was the top and sold their stash
>tfw people thought 24$ was the top and sold their stash
>tfw people thought 27$ was the top and sold their stash
>tfw people thought 35$ was the top and sold their stash
>tfw people thought 42$ was the top and sold their stash
>tfw people thought 50$ was the top and sold their stash
>tfw people thought 57$ was the top and sold their stash


when will you degenerates learn
>>
>>2004095
Ethereum is in its own ecosystem now, its no longer an altcoin, it started rising when btc was falling

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20million beans sprouting makes you about $10 a day right now
20 million beans is about $7896 right now
so for 20 million beans just sitting in your wallet staking for 365 days you get around $3650 a year

So that's about 46% return a year just on your quantity of beans...
so assuming the value of beans stays exactly the same where other coins you would make 0% gain
with staking beans you make 46% gain

now imagine if the value of those beans doubles...

oh by the way i haven't even taken into account the fact that those beans you generate by staking, they also start staking once you earn them, yes, compounded staking!


p.s.
beans and posw (and every other fucking altcoin under the top 6) have dropped due to ethereum, etc and bitcoin pumping insanely so people are taking money out and trying to ride the ETH pump to the top!

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>>
Is there somewhere I can read or someone who can explain how the fuck beans work? This sounds like a video game; sprouting beans and whatnot.

How do these make money and hold value?
>>
>he fell for some indian street shitter's scam coin
>he fell for the cute memes that shitted up this board for the last week
>>
So there is this Blockmarket coming. The beta will be released in 7 days. (http://blockmarket.blockchainfoundry.co/).

It supports TOR and payments with BTC, Zcash and SYS. Everything on the blockchain and decentralised! I see the next big blackmarket. Keep an eye on it and let's see what the beta brings us The next big thing.
>>
>he traded it all for a bag of beans
>>
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TFW keep falling for scamcoins

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If you're considering it
>buy as much as you can

Anyone who's holding
>strap your self in


Big news coming next week.

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I guess this is what happens when kids want to play "business". This board is a mess!

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NOKO just fired a rocket and it landed in the Sea of Japan. If there is a conflict in the near future and not only Seoul, but Tokyo are hit, there will be large disruption to the world economy....

I have $75,000 cash that I had saved up for living expenses, while working part-time and going to school.

I would invest into SP500, but would rather wait to see what happens and buy low if there is a conflict. Should I put it into a CD for the time being?
>>
>>2003746
guy into the military industrial complex NOWWW
>>
>>2003791
But what is that?

Research N. Korean war games to see what weapons will be needed?

Are they going to use cruise missiles? Raytheon, Boeing, General Dynamics who build them?
>>
>>2003746
Gold will do well in a conflict

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16 hours to buy a lambo.
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>>
>>2003930
1) buy POSW
2) have them staking in your POSW wallet when the dividends happen: www.posw.io
>>
>>2003313
>what is the expected dividend pay out per 1000 POSW?
How could we possibly know that?
>>
>>2003143
bump for free money
>>
>>2004053
free 0.5 POSW coin*
dude you can likely buy the amount of coins you'll get monthly for less than a dollar
But I guess I shouldn't dissuade potential investors as I'm a bagholder myself, I'm just more excited for the hopefully eventual price recovery than the dividend.
>>
>>2004063
im holding 10k posw. how much will i get?

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PRESS $ TO SHOW THANKS
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>>
>>2004051
>>2004051
he's so fucking ugly, slav and autistic looking that it triggers me
he's got a great mind though I guess
>>
>>2003879
who?
>>
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>>2003879
>tfw an autistic russian skeleton has done more good for you than any friend you ever had

$
>>
>>2003894
$ Hora de ficar rico AnĂ£o
>>
>>2004069
he needs that huge head to store all his premined ethereum

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Is Facebook overvalued?
>>
Yes
>>
Yup jewberg went full jew and it backfired on him

F
>>
People have been shitting on Facebook since the stock price was at 23. Yet year after year, their ad revenue keeps going up. Their ad platform keeps improving and the user experience becomes more and more refined (in favor of advertisers).

Here is the thing though: as someone that regularly uses Facebook's ad platform, I have noticed that it has become insanely competitive for small time advertisers like myself. Even though the particular niche I target isn't that big, it gets overlapped by broader categories and it drives up the CPMs to absurd levels. So I personally have reduced my Facebook ad spend and have gone to other means of advertising.

If consumers are going to keep buying then the ad revenue will keep going up and FB will keep going up in value as well. It's that simple.

>someone please kill me. i bought facebook when it was at 93 last year and then panic sold at 77 and took a 6k loss

>Any news?
>Holding?
>GTFO now?
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>>
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She's slowly catching up
>>
>>2003064
That's ma girl
>>
>>2003054
Don't dump you cuck, just put up buy orders at 5-6 sats to be prepared anyway.
>>
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>>2003286
Are you retarded or is English not your first language?
>>
>>2003286
I know pessimism isn't bad, especially in the world of crypto, but you need to have at least some faith in what you're invested. You obviously are still holding so why not just enjoy the ride and see where it takes. Unless you bought at >30 lmao.

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>Here comes the dip
>ride the ship
>>
>>2003261

Anon. Help. Each day I wake to the same price. At night I cope myself to sleep, telling myself tomorrow will be the day. As I wake up, sitting on the edge of my bed, loading the coinbase app, there is the price STILL AT FUCKING 1300.

IT IS SO ANNOYING. YOU THINK DRIVING BEHIND A TRANSGENDER WOMEN IS BAD!? NO THIS SHIT MY FRIEND IS ON ANOTHER FUCKING LEVEL OF ANNOYING. I LITERATELY COPY MYSELF TO SLEEP. DO YOU COPE YOURSELF TO SLEEP OVER A FUCKING COIN!? A FUCKING DIGITAL CURRENCY THAT HAS NO PHYSICAL BEING!? HMMM!?

I j-just don't know what to do anymore. Maybe tomorrow will be different. Maybe.
>>
>>2003357
So you've basically been waiting for a few weeks?
Grow a pair and come back when you've been trading for five years and have lost and made back your fortune twice over.
>>
>>2003357
Buy the dip
>>
>>2003261
I don't think it will dip that much,
People have a lot more faith in BTC now. And there is huge money coming in
I expect it to hit around 1450 then dip to 1350
>>
>>2004047
That's fair.
I'm thinking 1500 by august regardless.



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