/biz/ - Business & Finance

>>56616711
Also i've heard from historians one of the big reason silver became less popular is because of electric lights. Electric bulbs produce a totally evenly, cold and standstill light.
While back then, when they were using candles, the yellow and ever-moving light of the flame was dancing all over silver items and it was a splendid sight to behold.

>>54413765
>1pbtid lurker coward that bitches about the general going downhill, but uses his one post to do the very thing he bitches about.
This faggot is really annoying. Last 2 threads it was the same story with him spamming how much downhill we went blah blah.
He's probably too new on this general to remember the old captcha days where we would get 60-80 mono sentence posts from scamcoin bots
>wow guys i discovered this new GandalfInuToyotaMiniVanAlligatorAragorn crypto, doxxed white devs, microminipico cap, Musk is onboard with the project, don't miss out!
and getting spammed by 1pbtid maxis "lol rocks".

Current /pmg/ is looking like paradise compared to 2021 in truth.

>>50668640
Comex is bleeding 200Koz on every week day as of late. Currently, 59Moz are remaining in the vaults as registered. So if we continue on this trend, 295 week days -or 59 weeks- will be needed to empty it totally, which would land us in early september of next year.... Not really quite there fren.
By EOY the comex should still have around 46Moz left in registered.
Still a pretty damn big drop from the 150Moz they had back in Jan. 2021 when the "silver squeeze" meme started.

But this is only projections, it could very well accelerate toward the end, as different entities are smelling blood in the water and want to withdraw physical. Or the opposite could happen too, with the comex changing the rules and forbidding withdrawals.

>>25644350
They are in for the quick gain, riddin' the biggest ponzi ever while it last, nothing wrong about it. That said, you are way too late to profit from it fren, we are at the top of the wave, or very near from it. Risking your real wealth now just to maybe squeeze few extra shekels out of it is really not worth it.

Also as i said it here >>25644478 you already own what the future cryptos will be denominated with (among other commodities, it could be anything, but of course precious metals will be an obvious first choice for backed cryptos). In a sense, by betting on shiny rocks you are also betting on the future of shitcoins.
An analogy i like to use is cryptos being the technological support for transactions, just like phone lines are used for internet.
Speccing on cryptos is like pilling up phone cables hoping to make money because ppl uses them to transfert cash on internet, that's ridiculous. The smart move is to understand what will define new cash, and it wont be few lines of code any pajeet can create out of the blue in few hours (9.9K different shitcoins currently existing..lol) obviously, but a scarce ressource, with now new methods of transferts.

Basically we are about to rediscover gold backed bank notes, simply faster and more secure.

>>18236246
>>18236303
>>18236414
>>18236436
>>18236579
>>18236686
>>18236821
>>18236905
>>18237001
>>18237127
absolutely based and cutepilled

Those who said Sergey has no vision (the same speech!) have not been paying attention, particularly to his earliest appearances.

Chainlink is being constructed to fill the role of an idealised arbiter of truth, connected to the most perfectly dispassionate executor, in the form of public smart contract chains.

- [ ] This is in fulfilment of the deepest Platonic ideals of contract and governance that have ever been conceived, but which have remained out of reach, mere approximations even under the highest forms of lawful Republic, as at every step human capriciousness asserts itself and corrodes the final product, the freedom of contract found when our pledges are given force by Leviathan. Alas, ‘from the crooked timbers of humanity, no straight thing was ever they

By redrawing the locus of consensus as that of a precise ledger with sound game-theoretical guarantees at its edges, and iron-clad stricture within, rather than a continuously renegotiated knife fight, the level of trust required to engage in mutually beneficial enterprise plummets precipitously.

But what does it plummet to? The trust required is now neatly circumscribed to the trust in the information delivered unto our new Leviathan. There is fortunately a market for this trust, a pool of agents who are willing to stake their reputation and collateral on any piece of digitisable information on which it is possible to come to consensus. The truth is a most excellent Schelling point, and one which well-incentivised agents can reliably settle on.

Do not underestimate the power and the generality of this arrangement in its maturity, nor the amount of human and economic potential that this will unlock.

How do I find out about stuff earlier than biz?

>>15779243
i just want my cuck shed cabin in a comfy place an be in peace and solitude, maybe my 15k stack is enough

thats right. you just have to figure out where the bottom is within $30 and you can 100x your entire stack to $50k

spoopy