/biz/ - Business & Finance

>>2686418
cont.

I have at least two kids with a random girl i met in college that I arguably don't know that well at all, she majored in psychology and her job is to buy expensive starbucks drinks every day and post pictures of her subpar dinners out that I spoke of earlier for the 30 strangers on instagram that fap to her, and I work as an electrician and inhale asbestos, various volatile organic compounds, mold, and various heated particulates. I'll probably die in my 50s of some disease directly related to the hazards of my job.

I will pay the banks for the rest of my life and fuck my children over that I don't love anyway. I've cheated on my wife at least twice now. She won't fuck me unless she's ovulating. If I want to have sex, I have to either decide on the spot to have another kid or cheat on my wife.

I secretly smoke pot in the garage when the family who I try to not pay attention to and basically don't know leaves me alone and is asleep, and I pop pills that my doctor gave me with little questioning for my back pain that I got from my shitty job I was talking about earlier. I'll probably try to kill myself by inhaling carbon monoxide through the tail pipe from my $75,000 Mercedes Benz, but I can't afford life insurance so my family will get nothing from it anyway and probably end up homeless.

Does anyone else realize how huge crypto is going to be? lets do some back of the envelope math here...

1% of the worlds population between 16-64 is ~55,000,000, so a ~10-20x automatic gain that nobody has to do anything for, just holding crypto and you will get 10-20x. Assuming children and elderly don't touch crypto, only 0.05-0.1% of the adult population is using crypto right now, one tenth of a percent at a maximum. Imagine if 5% of the adult population uses crypto. All of your crypto will then be worth 50-100x, automatically. Do the math. Put $10,000 in a few top coins, hold that shit for, and you'll have ~$500,000-$1,000,000 just by waiting for adoption. 10% of the CURRENT 2017 ADULT POPULATION ONLY, and you will be a millionaire just because you held ~$10,000 in the top cryptos for some years.

https://www.jbs.cam.ac.uk/fileadmin/user_upload/research/centres/alternative-finance/downloads/2017-global-cryptocurrency-benchmarking-study.pdf

We really don't have to do anything other than make sure governments and banks don't stop the train. The money is sitting there. If you don't take it then I have no sympathy for you.

>>2582012
It's just an automatic order.

stop-loss is an order you place for when the price reaches a certain number to minimize losses when you are away.

what happened on gdax is that people had stop-loss orders at really low, pre-mid march prices and shit that they forgot about I guess, and the price hit their stop-loss at that weird flash dip, and sold it for peanuts. pros will look for these opportunities. it's called stop-loss hunting or something and I'm pretty sure it's super illegal as it requires manipulating the market very obviously.

>>2582118
also this but that's not what happened here.

>>2278013
thanks anon.
>>2278024
1. You don't know what a bagholder means. Whales dumping is what makes bagholders. you will become personally acquainted with such a title in time.

2. $40,000,000 at ICO with a total volume on exchanges of not even $900,000. You people do not look at the big picture, or consider any of the constituents of this situation. This is why you will lose to some degree.

>>2278060
I don't think you know the terms of the ICO. ETH price was locked at $153, so buying in the ICO lost ~$80 per ETH at the time, and once again you don't look at the realities, the big picture, you simply look right now and go "BIGGER NUMBER SEE!!?" $0.023 was the ICO price at the time I posted that, so once again nothing you have said is accurate.

>>2278076
You haven't made anything until you sell your position. I recommend you take your earnings and be happy that you got to arbitrage the situation, as risky as it is.

We want to make money, not play games. I've made several posts here and other smart anons seem to like having threads where idiots/shills are discouraged. I've created a discord so that we can have a real barrier from the smart anons that don't want to play games, and the idiots that are of no help to anyone. I was thinking that we could have a general, and then separate channels categorizing each notable coin for our analysis, whatever you anons want to do

https://discord.gg/fZFePA

I will mute/kick/ban anyone that is disruptive/asshole/shill/stupid etc.. and appoint moderators when I can tell they're the real deal. If nobody wants this, I'll delete it.

We can make a lot of money doing this. I dislike this board, because having a bunch of morons post reaction images and fake garbage is just wasting our time. I want the other smart anons in here. I want us to come together and make sense of markets. This is not a pump and dump group, or for shilling, or anything like that. We are simply making sense of current situations - together. We might be able to do this shit alone, but we sure can do it more efficiently if we band together.

>>2264689
...Did you just copy paste my thread?

>>2217912

Kill yourself, moron.

It's me. I've been thinking about the BAT situation. The way I see it, there are two ways this can go. Lets do some simple math...

Half of this now ~180M market cap is owned by 4 guys and they can't dump anywhere - market cap is effectively cut in half to ~80M with ~190 random guys holding it.

effectively each guy on that half we could say is holding about $500,000. This would be incredibly hard to dump anywhere, even for just one of them. That's what, 200 BTC not accounting for the price lowering from dumping, still a huge volume from ONE of these shit heads.

This leads to a scenario where the price right now is the actual price from the whales locking it out and the original ICO prices and market cap calculations and predictions are in effect totally nullified and buying right now would not mean very much. The problem with this is that the market cap would, you could say, be ~160M at ICO, a terrible start, 10x needs a 1.6 BILLION DOLLAR market cap. 100x on 160M in the current crypto market, consider that a pipe dream... so that is a flaw to this possible scenario.

But, this also means that if a single one of these 200 guys decides to cash out, most likely on a popular exchange where it would have the users and volume to be able to dump 200+ BTC, the price is tanking to probably just about ICO, maybe 2x. This is the other scenario.

What do my anons think of this? I've been following BAT and making threads on it for months now and I want opinions on what I'm saying here from other smartanons. This is what I think the landscape is.

no shitposters, retards asking easily googled questions etc etc.. you will be hidden. definitely not here to play daddy and spoonfeed you noobie information.

We want to make a lot of money out of a little, and I think this is the only way to truly do it before the normalfags catch on. We are here on the ground fucking floor of EVERYTHING. For all we know Bancor will be gigantic, or maybe BAT, or maybe they'll be shit down the toilet and it will be something I haven't seen yet.

What do you think? What are your thoughts on this? This shit happens. It's not a masturbatory /biz/ fantasy post. There are guys who put in $5,000 in the ICOs of ETH, or Stratis, or Ripple, and have lots of money RIGHT now. This happens and we can be in on it if we just find the gold in this mound of shitty scams. We didn't miss out on fucking anything. We can jump in right now to something new.

>tfw literally no place to buy BTC or ETH with USD without waiting a fucking week for verification or cuckbase not letting me add a debit card and i'll have to go use one of the fucking BTC ATMs and pay like 7.5% fee

what a fucking joke