/biz/ - Business & Finance

>>58017696
Is that real?

why is the worst month of the year green in its last day

>>30426950

>>29940569
Bobros...

Fuck you bobo we moon now

Go away Bobo, Mumu is busy with your mom right now

>>28973840
Poor bobo, liquidated for the last time

>>28719396
>at parties
I haven't left my house in weeks

>>28305593
Why.

>>26203099
mfw bars have been closed since forever

>>26180482
I just lost 4 btc thanks to a scamwick

Please stop talking about this, I'm just a few 100k from my shogun bag

>>23961239
>this isn't ok
haha tether printer goes brrrrr

>>23800500
check the foreign markets when they open tonight. if they dip tonight, i'm looking to score some cheapies. if they don't... idk, maybe ill get some bitcoin or something.

>>23767625
I feel so fucking retarded holding cash all week and not getting in on PLTR, GME, or any of the other fucking meme stocks that jumped in price. I decided NOW was the time to change brokers because I was so sure the market was going to dip HARD. Never fucking happened.

I made a little profit (maybe $50) on SQQQ over the course of the week by scalping, but they were faggot bitch trades and took more time than they were worth.

If the market doesn't tank or at least DIP on monday, it might never do so. I'm such a fucking idiot for missing a whole WEEK of stocks just because I was scared of a dip that never happened. Apparently the Algos and Wallstreet were more priced in on the election than I thought. Fuck me.

i sold clsk yesterday

>>20378692
Bought in yesterday at 6.66
This better be a red day

Paging TVIX Chad.
Still holding? Is TVIXF any good?

I didn't buy the WKHS dip

>>20005130
VIX @35 SPY@299
It just started raining.
Bad omens.

CONTRIBUTE TO THE POOL HERE

https://uniswap.exchange/swap?outputCurrency=0x0e511aa1a137aad267dfe3a6bfca0b856c1a3682

So what's the pool? Benefits of adding to it?

Example:
In the beginning, all of the 5 tokens were worth $1000, so the pool size was $5000.

Now, say all other 4 tokens remained at their old value ($1000 / token), but STA did a x10, so STA value in pool is now worth $10,000.

That's much more than 20% of the pool, so the balancer must balance it out.
Note that now the pool size is $10,000 (STA) + $4000 (other 4 tokens) = $14,000.

So, to balance it out, each token should now have value of $14,000 / 5 = $2800.

To reach this goal, the balancer must sell the excess STA, and that would be $10,000 (current worth of STA) - $2800 (the new target worth of STA) = $7200.

The balancer sells the excess on various exchanges to which it has a trading bot interface to. Currently, it's only Uniswap.
Note that by selling, it performs transactions, and thus burns tokens, so the supply also decreases!

So, now that the balancer has sold the excess STA, it obtained $7200 dollars (say, in DAI coins).

Now, to balance out the other 4 tokens, it must buy $7200 / 4 = $1800 worth of each token.

So, it buys $1800 worth of ETH, $1800 worth of LINK, etc.

In the end, it's all balanced at 20% for each token - all 5 tokens are now worth $2800 dollars each!
And the total pool size remained at $14,000 dollars - so no value was lost!
Plus, you also get the trading fees, which are added to the pool!
On top of that, Balancer is now issuing BAL tokens for all liquidity providers!
You can check what it is all about here:
https://defipulse.com/blog/balancer-start-liquidity-mining-and-earn-bal-tokens-today/

That's the magic of the balance pools.

>>19668156
>tfw too stupid 4 options and only have like 4k in my account

I can't predict when the VIX will spike so I hodl

I became a bull last week, frens. I saw the light, frens, and it's all thanks to yous.
It's good to make money with frens.

I got 1000 on novn at .42. It's gone down to 36... Thanks biz for another bag. Blah blah stfu I listen to biz because we are all in this together so stfu faggot wanna be wolf of wall street niggers