/biz/ - Business & Finance

If you have a business, and really can't afford to pay your employees $15 an hour, you suck as a businessman and need to get your shit together.

Capital gains tax plus UBI would be the best compromise between capitalists and communists that I can think of.

Pretty sweet knowing cryptocurrencies will allow third world countries options like finance and loans and be better able to develop themselves/they don't have to migrate anywhere anymore.

win/win.

>>9958104

why not make just 1 coin that can be split a bazillion times.

I'm thinking about opening a long position at 5x with $100 and a short position at 5x with $100.

If bitcoin moves enough in one direction, I'm thinking I should profit, even though I'll lose $100 from the other position that I have that would get liquidated.

Thoughts?

>>8190750
prl is expected to make an upward move. when it stops dropping.
there's an airdrop coming on april 6th.

i'm like 80% atm.

>>7065280
>the whale problem and the fact that you can't catch up with mining
how is this not the same as literally every other coin

>>6681097
You are forgetting there is no "living off profits" when it comes to big businesses.
The market is so aggressive if you don't expand, adapt and innovate rapidly you will eventually perish.
The scenario you describe doesn't exist because the theoretical person holding 51% knows sooner or later he will need a big cash injection do fund the above. That means either taking out a loan or issuing more shares.
Think of the largest, most profitable and successful companies you can come up with and see how they have either borrowed money or sold shares in the last 5 years to fund expansion. If they treat their shareholders like shit, no one will buy their shares, it's that simple.
You can have mom an pop's restaurant surviving for decades while staying at the same spot. That simply is not the case when we're talking about multi million companies. No matter how profitable they are, they will never have enough of their own money to keep themselves ahead of competitors for a long time.

hey /biz/

I've been trading cryptos for about 3 years now and have wanted to share my thoughts because I see a lot of bad advice going around in most threads.

coin creations come in waves. at first it was just bitcoin, then the altcoins came along. I remember there being almost 1000 different coins in the first big alt-wave in 2013-2014. but those waves come to an end, and the *vast* majority of those alts with either die without pumping, or pump once or twice and then die forever.

after a large altcoin die-off, only a few big coins will survive unscathed, and some of the big ones that looked promising will come out severely weakened (ex: like LTC going from $40-50 early on to $3 for years).

so, the moral of the story here is - start getting ready for the next big die-off. market saturation is looming and only the strongest coins will be left after this wave. the rest will drop down to zero value, zero volume, and become de-listed on exchanges.

so if you miss an alt pump, think twice about trying to buy the dip. unless it's a strong coin with a good future, the odds are it'll never recover.

>>216958
>just listen to the community >>216554 about the logo and spend the effort on important things like the userscript and the reddit tipbot

or

>hold an actual contest with a 10m+ PND prize, and with the original logo as one of the entries
>shill the contest everywhere
>one week for entries and then a second week (or weekend) for voting

and also

>stop being so fucking serious