/biz/ - Business & Finance

>>26242917
>>26242917
guys I said no memes

I bought in November, staked it and sold all this month. I liked the project, maybe because it was one of my first buys after a year off from crypto. But the team was not convincing, the community support is outsourced, CEO has scammy vibes although he might have grown up and be serious about his work. Is audit still ready soon? Good luck, I hope u guys get at least the 500% I got when I sold my bond for R*B*C

Are there any micro cap shitcoins that haven't popped off yet during this cycle but nonetheless have a large shill community on /biz?

Thinking about statera. Fud me out of it or shill some other dog shitcoin with 100x potential

>>26144083
I'm in the same boat. This is retarded and wagmi.

>>26124333
Trips checked.
>Why the fuck would crypto dump if Tether shits the bed?
In these people's minds massive quantities of tether bux were were e-printed and used to buy up large sums of bitcoin effectively like someone printing millions of counterfeit US dollars and using them to buy real assets like land or gold.
In reality we already know the majority of tether volume is attributable to Chinese people who depend on it to send capital outside the country without the CCP stopping them.
>Since Beijing’s 2017 ban on direct conversions of yuan for cryptocurrency, the U.S. dollar-pegged stablecoin Tether has served as a popular stand-in for fiat for traders in the Chinese market.
>Relative to other regions, East Asia has the lowest share of on-chain volume devoted to Bitcoin (BTC), at 51% of transfers by volume. The rest consists of stablecoins, 93% of which is USDT.
>While yuan-USDT trades are, strictly speaking, also prohibited, OTC brokers continue to sell the stablecoin to enable traders to lock in their gains from crypto trades without worrying about price volatility. In June of this year, Tether outflanked Bitcoin to become the most-received digital asset by East Asian addresses.
https://cointelegraph.com/news/tether-could-be-enabling-capital-flight-from-china-says-chainalysis

>>26121794
is this sustainable

>>26118635
It's an exchange where you can only buy tokens with the letter 'X' in the name. Like XMR, XSN etc.

Any non listed crypto to reccomend? Something in the fucking cent rage that may moon

BTC will go up, then down, then up, then down, right, up, up, up, big down, big up, left, up, down, and finally, up.

You mean the consolidation between 38k and 40k? Will we see a burst of volume and a new ATH?!! find out...!

Should I sell my ADA now and put it into AVAX?

>>25935704
The link looks really cool, Anon. Can this type of stuff be used to share real addresses in a secure way and prevent leaks like the one that happened with ledger? Or is that impossible?

>>25866757
>>25866741
>>25866769

<10k Portfolio to start with. But I'm trying to learn daytrading over the next year and will be growing it as a go.

Currently my only experience "trading" is on runescape but bro thats like 15 years of hard market experience right there.

I'm looking to learn all the ins and outs of this slowly and am looking for a brokerage that has all the tools a professional trader needs to succeed.

I truly believe we can make it frens. It can happen!!

>muh blips and chits
buy metals zoomie desu

Anyone in on BNGO or IDEX?

>>25773685
>microsoft makes $50b in revenue p/a in subscriptions
>quant's licenses are paid for via qnt tokens that will be locked up for the duration of the subscription
>the token itself is used literally everywhere, meaning subscriptions, to run the network, to use the network, etc
>there are good arguments made for it being a store of value, since its velocity is slow and the token exists on one of the, if not the, highest layer
Isn't it even better than stocks, since the subscriptions directly translate over to token lock-ups, and you actually NEED the token to use the network, which isn't the case when it comes to e.g. the tokenless MasterCard? You're literally tokenizing the internet (internet of trust, internet for digital assets, arpanet 2.0, odap) here. Which is what I don't understand. Is it better than stocks, equal, or worse?

Is scalping a viable strategy

>>25642093
6eth poorfag here. Do I just hodl to death or convert 1eth to diversify?

After years of watching how this shit plays out I see a simple pattern in these bull runs. People will see their coin not pumping because "everything else is". But, when those other moon missions come back down to earth the profits usually have to go somewhere. And many of these traders take their profits where they know that can get guaranteed gains. Often, what I would call the next "safe heaven" is planned out and these traders will maximize their gains by dumping and moving into a coin/chart that is already primed and fueled to go. Seems to me that process has already begun with the action we have just seen. The obvious stipulation in this scenario is that the project has to at least have a solid following and it has to be obvious that the chart has already hit its bottom.

>>25577258
>muh log scale
>it's a meme
>explain why should we
Sure, anon. Imagine if you offered a low net worth but not desperately poor college student $100 to do an unpleasant task like cleaning your toilet. Would he agree to it? Maybe.
Suppose you offered $100 to some third world country resident to clean a toilet and it would be enough for him to live off of for a year. Would he do it? Probably with zero hesitation.
Suppose you offered Jeff Bezos $100 for the same toilet cleaning task Would he do it? Maybe as a joke but definitely not as a gainful use of his time.
Now suppose instead of $100 offered to each you offered to double the amount of money each has. With this offer you can now probably persuade all three because twice the money you're already working with is the same relative level of increase based on what you're coming into the equation with.
As Bitcoin grows it's no longer the same 5 cent starting value so it would be silly to expect it growing in terms of cents at this point.
Hence logarithmic scale is helpful by increasing in proportions instead of raw linear values.
Does that make sense, fren?

How do I profit off of inflation?

>>25506196
>Hot weather starts -> ice cream sales increase.
>Tether is printed -> BTC price spikes.
>Tether "minting" occurs BEFORE BTC pumps, not after.
Chinese citizens use Tether to get around Beijing's attempts at cracking down on capital flight through Bitcoin.
The Tether wouldn't come second for Chinese buyers. That wouldn't make any sense.
https://decrypt.co/32041/chinese-investors-secretly-buying-bitcoin-helped-fuel-tethers-5-billion-surge
https://www.cnbc.com/2020/08/21/china-users-move-50-billion-of-cryptocurrency-out-of-country-hinting-at-capital-flight.html

hodl or sell?