/biz/ - Business & Finance

Do you guys hate free tokens? They could really be worth something later you could then sell to buy more LINK.
At least that's how I'm doing it.
Keep in mind that the Polymath airdrop tokens were worth 300 bucks, that made a nice addition to my LINK collection!
So don't be a virgin autist and sign up for these two airdrops.
https://corbit.website/airdrop/RbzHF
https://click.elementh.io/go/32651

Incase you havent figured it out. The whales on bitmex have been gradually moving there coins from Bitmex onto exchanges and selling for fiat. Whilst doing so, they've been here shilling bitmex to get you to sign up and deposit your btc. liquidity flow.

Playtimes over.

Is it possible Satoshi was a pedophile? I mean, the main use cases for bitcoin *were* buying drugs, CP, weapons ....maybe this is why he kept his identity anonymous ?

So, we all know why crypto is good. But lets look at some ways in which crypto might fail and then look at counter arguments.
>The blockchain has not even reached mass adoption yet consumes large quantities of energy and resources
>8 or so years into its development and blockchain has yet to scale and compete with existing financial technologies such as VISA. Nobody has resolved the scaling debate
>Speed: Transactions on the blockchain cannot compete with existing tech (not yet.)
Crypto:
>Whilst many crypto's may survive in the long term the vast number of crypto's will fail because many projects are simple cash grabs. This will hurt the eco system when these vaporware projects head for the doors
>Many investors are only here to get rich. This again is bad for the eco system because price will suffer as currently price is reflecting greed and not value (use of tech etc)
Political:
>I can imagine someone from a poorer family (say from India) simply buying and trading crypto then becoming rich. It sounds strange, but the world has a pecking order and its 'the rich get richer'. How strange would it be if every poor individual randomly picked a coin and managed to get insanely rich. This comes back to 'its a bubble'. Really, the people in this space should be those who understand what they're investing into and not some soccer mom or niglet from the hood and esp not the dude flipping my burgers. Doesnt make sense.

heh, this reminds me when BTC went from 5k to 3k:
>He sold the bottom
>He didnt open a high leveraged position for the biggest bullrun of our life times
>He spends his days fudding on forums so he gets another chance to buy the dip
>Hes still in denial but the price keeps creeping up
....when will no coiners learn

>LARP Threads
>cuckold LARP Threads
>'b-b-but you told me' threads
>tripfag threads (worst kind)
>'I sold at the bottom' threads
...I mean, this is a step below pajeets shilling or getting Anon's to buy coins at ATHs?

tfw you realise the people who I shitpost on /biz/ with are the same people who serve me my food. Fuck, thats depressing.

sup /biz/, so I think the time upon us will be soon. I've never purchased any crypto but I follow the space quite closely. I'll be looking to drop some serious doe in as an investment. However, I've got a few concerns:
>Crypto's only real world active usecase is digital currency for the benefits of pedophiles, drug dealers, murderers and terrorist.
>BTC (Leading currency) is mainly held by the few
>Blockchain tech at its current rate consumes far too much energy, and would only grow should we reach mass adoption
>Its possible we may never find a solution to the scaling debate
>This space is rampant with hackers and scammers. That's not the fault of the tech rather the image it has acquired.
>Most 'partnerships' to real world companies are usually fabricated to pump the price of a new coin.
Can anyone counter these arguments

sup /biz/, UK fag here, need some financial advice. So, I'm 50k in debt. I got liquidated margin trading ETH. I'm on the verge of losing everything. I cannot afford the monthly repayments. Is there anyway I can get out of this?

I was just watching an interview with Sergery ....wow, I thought he was some eastern yuropoor. It's even worse, why is his voice so squeaky?

tell me /biz/, will we ever see btc at 9.3k again?

>tfw bitcoin is stealing the smartcontract idea from eth just to prop up its price.
>mfw.

>tfw this is your once in a life time ticket to endless riches
>tfw every moment ticking away is a moment lost
>tfw coins are mooning 200% daily and each missed moon is one less chance to becoming rich
>tfw any number of events could tank the market
>tfw its a minefield out there full of NEETs and Pajeets.

>Be me, who else
>took 40k loan + maxed out 8k credit card
>bought btc at 19k
>panic sold at 12k
>bought bch at 3.5k
>panic sold at 2,000
>bought eth at 1,200
>panic sold during this dip @ 950

.....that 40k+8k is now 5k.

I cant believe how much money I'm making. wtf.

>Be me
>Be normie in highschool
>About to drop out, as I'm not that smart
>Realise I have to get a regular job.
>Shit. Stumble across crypto and this board
>Throw $500 at a few shit coins
>A few months later, I'm on 300k

...Understand none of this.

>>5940288
>he used waifu2x

Reminder that SIFT monthly dividends are on the 8th, in just over a week. They had a strong month in December, bigly profits ( https://smartift.com/news/daily-trading-update/ ). Buy before dividends, do whatever with them after. I just hold because taxes and comfy. This is my New Year's present to you goofs, just don't expect 100x moons, that's not what it's for.

It can be found on EtherDelta and you may have to check https://smartift.com/news/sift-and-etherdelta-gas-information/ if you have trouble moving it.

May your 2018 be blessed with many gains and low taxes.

thank you daddy government for protecting me from all those scamcoins throughout the year and for insuring my investments and keeping all the hucksters out of the industry, just paid 100k in taxes.

>>5466996
Litecoin obv lol

I thought I got lucky when I started last week in crypto and 15x my money, but I just visited leddit for the first time in years and I can see why. It's a zero sum game alright, this is the almighty redistribution from normies wallets to the mighty NEET. All I have to do is click a button and go back to watching anime and sipping hot cocoa in my neet cave, then come back later and I'm richer.

What a world.

>>5435409
Honestly, i'm debating between monero and ripple for my last 2018 alt hold. Sell me monero.

>>5436793
a man can dream

Hey /biz/,

I'm kinda new here. I'm trying to buy some bitcoin on coinbase but now i see there are two bitcoins. Which one should I purchase?

>>5364956
THE BUY THAT STOPPED THE DIP