/biz/ - Business & Finance

>>58928816
thanks for the intel fren

>>56466738
>withdraw everything and never gamble again

>>53996749
>$12.68

>>53681787
i appreciate the effort posting

>>21192103

>>17209029
uncleoldfag, detectiveanon, and the brazillian laughing man avatarfag were the same person and repelled many nulinkers decisively, he's probably astro too but i don't really remember astro's typing still and can't be arsed to check the archives right now, his "friend" is probably schiff will win, wouldn't be surpised if jesusanon was related to them somehow, but all of these entities have kept nulinkers to a minimum since mid 2018, ofc some nulink bagholders were unavoidable last june/july

>>16823746
>>16823787
based thanks fren

>>15707678
we're going home, fren

>>15462171
thanks for the buy signal

>>14962932
drank heavily tonight, but it was with my best friend and a really cute girl who was rubbing up on me hard while we sang karaoke, neutral but leaning significantly toward positive

>>13112059
A miner somewhere finds the correct hash adds it to the chain and is now in possession of a copy of "the longest chain". They broadcast this new longest chain to the entire network and the network accepts it because it is the current longest chain. This process continues forever as long as there are miners and users of the network (people sending funds from one public address to another). The chief vulnerability of this method of consensus is that if a single entity controls 51% of the mining hardware or more then there is a 100% chance that eventually (in a matter of hours to days, depending on the amount of mining resources controlled) they will be able to send/spend funds in one block, and then privately mine a separate chain that outpaces and becomes longer than the real longest chain. They broadcast the fake longest chain to the real network and the network accepts it, thereby allowing for a double spend of digital funds. The whole point of decentralizing mining, that is, desiring for many independent nodes to be mining at disparate places around the world, is to prevent this sort of 51% collusion attack. In practice, it is someone undesirable to execute a 51% attack since the attacker usually has to mine a shitload of blocks and use a shitload of electricity ($$$) to outpace the real chain, making it financially unrewarding.

The result of all this is a chain of transactions that can't be argued with (is immutable) due to how difficult the protocol makes it to double spend digital tokens.

Extend this now to any digital agreement rather than simply a transfer of funds. Such digital agreements would inherit the immutability that these digital tokens enjoy. For example, I run a dairy and I expect the price of milk and cheese to dump because of a new line of soiboi products reducing demand for mine in the short term. I enter into a milk futures contract to lock in a price for my dairy goods to hedge against such a price drop. (cont)

>>12905567
go read about arbitrage fren

i love you all, thanks for the good times

>>12219557
bizonacci brought the bogs into the crypto/finance realm though, making them more of a biz meme

11694390
im a /pol/fugee who followed the 2017 bullrun and understood what blockchain and dapps were, someone shilled chainlink in a central banking thread leading me to read to poke around biz and then read the whitepaper, it seemed worth a shot and the rest is history, it's not completely hopeless shilling it on /pol/

>all growen up
>live far away from family
>halloween coming
>favorite season of year but im alone
>cant really fly home just for halloween season, dad would think im weird
>family back home going to our annual pumpkin festival without me because i dont live there anymore, my favorite place in world

>send me pictures
>lots of pumpkin, food, such fun wow
>mom says i got a package coming in mail
>open package
>its candy stick, in my favorite flavor, root beer

>remember how when i was a kid i used to look forward to these sticks all year long and i buy lots of them for 15 cents each and save them to enjoy them throughout year
>me and brother and sister would talk about the sticks for weeks leading up to the festival
>standing at counter me and bro and sissy so excited, we take forever to choose the best flavors and split sticks with each other for variety

>standing at counter i always think in my brain "this is the life" back when im 12, and i meant it, this was it

>remember the innocent times when all i needed to be happy was this 15 cent candy stick
>playing in the front yard with family, soccer, riding bike with little brother

>what have i become? good job now, money obsessed career man trying to become someone, but who am i becoming it for? why am i doing this?
>stayed in late at work tonight even tho office was empty, trying to impress boss, trying to get more money? i have enough to life many lifetimes already
>who am i working for? me? i dont know really

>i forgot about the candy sticks already
>how could i forget, truly shamed
>but my mommy didnt forget
>she remember, she send me stick
>call and tell i love her
>talk about next times im coming visiting next month and shes excited

>rememer frens, its not just about the money, its about life
>love you mommy

>all growen up
>live far away from family
>halloween coming
>favorite season of year but im alone
>cant really fly home just for halloween season, dad would think im weird
>family back home going to our annual pumpkin festival without me because i dont live there anymore, my favorite place in world

>send me pictures
>lots of pumpkin, food, such fun wow
>mom says i got a package coming in mail
>open package
>its candy stick, in my favorite flavor, root beer

>remember how when i was a kid i used to look forward to these sticks all year long and i buy lots of them for 15 cents each and save them to enjoy them throughout year
>me and brother and sister would talk about the sticks for weeks leading up to the festival
>standing at counter me and bro and sissy so excited, we take forever to choose the best flavors and split sticks with each other for variety

>standing at counter i always think in my brain "this is the life" back when im 12, and i meant it, this was it

>remember the innocent times when all i needed to be happy was this 15 cent candy stick
>playing in the front yard with family, soccer, riding bike with little brother

>what have i become? good job now, money obsessed career man trying to become someone, but who am i becoming it for? why am i doing this?
>stayed in late at work tonight even tho office was empty, trying to impress boss, trying to get more money? i have enough to life many lifetimes already
>who am i working for? me? i dont know really

>i forgot about the candy sticks already
>how could i forget, truly shamed
>but my mommy didnt forget
>she remember, she send me stick
>call and tell i love her
>talk about next times im coming visiting next month and shes excited

>rememer frens, its not just about the money, its about life
>love you mommy