/biz/ - Business & Finance

https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11

So the SEC seems to have released their most mature, understanding statement of cryptocurrencies to date today.

Why is this not on /biz/?
They're not banning anything. They actually describe it as transformative, disruptive, and efficient. This statement actually seems to support it but warns investors to be careful.

Thoughts?

When Bitcoin reaches the price of $2,857,142.85 in 2017 money (this will vary year by year for monetary inflation), its market cap will be equal to that of all the money in the world.

>he doesn't use the bitcoin doubler
>it literally doubles your Bitcoins every 10 hours. That's right, you get 20% back per hour.
>double.zone
That's how easy it is.

But seriously are people actually falling for these HYIP ponzi scams?

It seems no one cares about your coin, anon. Sad.

>634,000 ETH volume on the way up
>94,000 ETH volume on the way down

Is anyone NOT buying this dip? It's so goddamn obvious this is a bull trap and people are actually LOOKING for news to justify the price changes. That's why you FOLLOW THE VOLUME.

That's also how you know whether you should buy a dip or not. Low volume pumps, just like low volume dumps, are not meant to be taken seriously.

So...I tried to withdraw my DGB from Poloniex and now I've got the "Complete - Error" thing in the history page and my DGB never sent.

I sent a support ticket.

How bad of a time am I in for? How long will this take?

Are you all aware that the owner of Cryptsy, that exchange that famously pulled an exit scam kind of like Mt. Gox, has verifiably moved all his coins to Bittrex?

Kind of like when a certain Mt. Gox hacker did something similar...

There's a reason Bittrex is so heavily shilled....

>Have $20,000
>Buy $10,000 worth of BTC
>Short another $10,000 worth of BTC
>August 2nd close both short and long positions at same time (roughly)

Congratulations. You've just gained a free $10,000 worth of BCC (Bitcoin Cash).

Why the fuck are you not ALL doing this right now?

>pennies from 1982 or earlier are worth 2.4 cents each and banks will give them to you for just 1 cent

https://www.youtube.com/watch?v=7Es-pATepMg

Was this man on to something....?

From what I can tell, the man walks into banks, asks for all the pennies they have at 1 cent each, and then sells all the ones from before 1982 at double the price while returning the ones from after that date at 1 cent again, losing nothing.

Is this idea genius?

(plz no writing about my post Merkle you jewish niggers)

Dear /biz/, I need some serious help.

I was basically fired today, seriously, and I feel like killing myself. Technically I've been only a full-time intern, paid by hour with overtime, for 8 months, but was told repeatedly by the boss that as soon as I proved myself I could be moved on permanently. I'm only 22 but I have a job as an actuary. I thought I had been doing a great job. Yesterday the boss scheduled a meeting to see me today so I genuinely thought I was going to be moved to full time or given a project or something. He told me that he had decided to terminate my employment in 4 weeks. He said basically that the project I had been putting all my time into was not really helping the company that much and that there basically weren't going to be any other projects for a few months possibly, so it wouldn't make sense to keep me there and it "didn't feel like a great fit" for me. I was devastated and told him about how I would work harder and get myself on board with whatever projects there are and how my wife and I had just started settling into the area and this was a huge change and big deal to me. He said frankly that I just wasn't as efficient as I needed to be yet. I almost cried but said that it meant a lot to me to be there and asked for another chance. So he said ok, I could try again for another chance, but there really wouldn't be much work to do or much of an opportunity so he wasn't sure if it would work out at all. He said ok, he wouldn't make his decision final quite yet, but that after 4 weeks he would decide finally.

I'm feeling so suicidal right now. I told my wife, who was just getting settled in this area with me and she was just starting to make friends here. All our stuff is here and my pay was good.

I really want to kill myself with pills or a knife right now.

If anyone here could give me any advice, I'd sincerely appreciate it.
I've been crying so much since I got home I can hardly move.