/biz/ - Business & Finance

>news everywhere how Biden $1.9 trillion stimulus plan will make the stock market bubble
is this a sell signal?

>the dip
>not ~10k

>>25162068

>>25120624
no xmr

>>25114343
At least 30¢. It may bounce to 45 from there and back. If you're gonna hold stake it and hold for the year long bleedout. If you gonna gtfo do it now.

I haven't been to biz in almost a year, I just checked on btc and links price recently, not bad not bad..
I got an itch to pick up another long term alt with some of my gains.
Whats the next raiblocks fags

Realistically how will the (((tax man))) know about my crypto gainz? If I just keep everything in my wallet there is no way for (((them))) to find out, right?

>>21956017
>Date possibly later than September, plans change, but this year, guaranteed.

>>20796641
Marketcap, yet 99% of /biz/ doesn't know what the fuck it is and how useless of a metric it is. Anyone who uses it deserves to lose everything they have, fucking cunts.

the formula is LAST trade price TIMES circulating supply. So if person A buys 100 Bitcoins for $10K each, then the Market Cap is $10K TIMES ~17 million coins = $170 billion. Then person B comes along and buys 1 Bitcoin (just ONE) for $10.2K. That TIMES ~17 million = $173.4 billion. The Market Cap has increased by $3.4 BILLION DOLLARS because ONE person bought ONE Bitcoin for an extra $200!!! Yes, really! This is how it works!

This is how incredibly stupid and USELESS the calculation of Market Cap is in the first place. What the hell is it good for? It doesn't actually reflect the money behind the coin, it's absurdly large and can be exponentially manipulated by one simple small trade; I mean, I'm at a total loss to understand how it's possible that it has proliferated like it has.

http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2

>>18310852
>Did not understand what I said.
>See you were wrong.

>>18141777

isnt this the situation deposits exist? first month and last month, that's 2 months worth of rent you should have from each tenant.

I have over 250 apartments I own and gain rent from, all of them have 2 months deposit. I am comfy AF.

arent you a responsible landlord who has backup funds available for natural disasters, government fuck ups, tenant deaths etc?

im serious where are your deposits?

None, I think it's stupid to use money I never owned in the first place.

appreciate any other advice im still here
give me some of that juicy autistic knowledge