/biz/ - Business & Finance

>>25364459
I'm in SRAC, QRD on the others?

>>21898891
>>21898788
If the speech is bad news, when will the low of the dip be? During, after, close/AH, or friday?

>>21429257
You should see the way amazon takes care of this issue, in their depots and stores there are little QR barcodes all over the place, everything is scanned and logged.

>>20645512
That shit is obviously bait. Unfortunatly this >>20642135 is true in america, and in all white western countries it an increasing degree every year. Europes main advantages are that is is more majority white (for now), has relatively less economic draw for third world trash and no retarded system that automatically grants citizenship to children of illegals. Americas advantage is it is still the most economically dynamic country in the world (swedes earn more in america than sweden, austrians earn more in america than austria, etc), it is entirely legal to privately own weapons (up to and including armed tanks, machine guns, rocket launchers and fighter jets), and the legal basis of the country, however violated it currently is, is based on the constitution and the bill of rights, which is the most pro regular human anti-tyranny foundational document in history.

>>19364533
>>19364669
>destroy everything that makes a country like japan worth living in so corporation X can send a few more yen dividends overseas investors.

Anti-cultural immigration is the wests greatest folly and WILL ultimately be its destruction.

>>15593474
no, I've read articles about this in Forbes and the economist. it's not hard to switch from refining one metal to another, and the price of silver hovers just below being worth refining because the nanosecond it rises the tiniest bit against inflation, the market gets flooded with refined silver.

why is it so hard to understand that the gold/silver ratio is different now than 100 years ago because the mining and refining proccesses are different now? your bags are not going to moon.

>>15460455
in other words, you're holding bitcoin and bought into the LN bullshit. eth will be the last one standing.

we are just early enough that scalability isn't a big issue and databases pretending to be blockchains (dpos, xrp) are still a thing.

honestly good luck with your early prototype. I doubt it will even exist in 20 years given it's energy consumption.

>>14726831
"real inflation" is increase in prices, though when I say "eth's inflation" I mean supply of eth, which has always decreased over time (like btc).

you aren't seeing your food prices increase just yet (that happens in bear markets), but your rent sure as hell has been going up (since we are in a bull market). inflation distributes differently based on the markets, but long term it averages out.

the Fed lies about inflation by taking a basket of goods and measures how that basket inflates. because electronics drop over time as tech advances, the average of that basket is artificially low. furthermore, housing isn't included in that basket.

they lie because they want inflation as high as possible, to lower the value of the trillions in debt. so inflation will always be "below 2%, needs to be higher" in times of an unpresidented debt crisis.

inflation numbers are over 2%? they tweak the basket to contain an extra ink jet printer. now it's lower than 2% again.

meanwhile your rent is up 10% and $1 bottle of soda is now $1.75

>>14034863

I don't think Zoomers can fully understand how fucked Millennials were by the Boomers.

> Be high school student in mid -00s
> Everyone telling you to go to college
> You go to college, end up Middle Class
> Most kids believe this, work hard on grades.

2008:
> Economy tanks
> Girls laughing at you for not having job
> Go to college for prestige and status
> Believe we're "gonna make it" if we try
> High fees, but we're gonna make it, so it's worth it.
> No youtube, streaming or other shit for easy money, internet still in infancy.

Late 2010s:
> No one has made it.
> The true believers in 6 figure debt, everyone else in double digit debt
> Internet businesses, crypto, etc. start up.
> Have to save up for streaming shit to try to make it.
> Boss asking for you to work 20 hrs overtime for an extra 100 dollars on next pay check.
> Non-White family on welfare next door up all night, making 50,000 a year.
> Move to better neighborhood for twice the rent so you can sleep at night.

2018
> Millennials are killing restaurants.
> Millennials are killing real estate
> Millennials are killing professional sports.
> Boomers laughing at their kids. Tell them to learn to save.
> Only ones who made it were onions boy cunts working for tech companies.
> Boomers think every Millennial are like them.
> Every girl you ever liked is on Tinder searching for Chad.
> You're still poor, still lack prestige
> Only ones who made it hoarded money living at home for the last 10 years or got into coding.

And the Boomers wonder why Millennials have no problems taking their shit. If Boomers meme'd starting our own businesses instead of "going to college" everyone would probably be wealthier. Now we're all fucked.

>>13985301
>>13985396
They innovated just enough to secure an enormous competitive edge that allows them to buy out any serious competitors. Ever since then they have worked together building a nightmarish panopticon under the guise of securing data for advertisement. It's likely that these companies were working together with the previous administration as well. Google alone had more than 400 white house visits during the Obama Administration. They've all gotten away with paying less than minimum taxes for years and then brokering deals while the average citizen cannot even accumulate enough wealth to escape the wagecage.
>>13985522
Your types always feign ignorance as though it is harmless meta data. In reality there is so much data being accumulated, sorted, and saved forever that these companies can practically predict your future. Before long, they will have figured out the exact input they need to feed to you in order to manufacture their desired output.

>>13927261
Everyone treats crypto like a ponzi when in reality we already had the second dot com bubble, which was every single tech company in SV for the past decade. People shit on ico's for raising too much, sure I understand. But having a Series F funding round? Six rounds of funding is supposed to be different when it's spread out of several years? Start ups have just been outsourcing labor to third parties via gig economy and hiring extraneous millennials to excuse all the money they're burning before dumping stock on the next round of investors. Meanwhile legacy companies outside of the tech bubble have been buying back their own stock since 08.

You are literally fucking retarded if you are not accumulating the shit out of Ethereum right now.

>>13703921
> Isn't having trillions of dollars in fake money a good thing because it helps the economy grow?
Technically yes but in reality you are just stealing from future generations who are born into servitude. It's no wonder so many young males are checking out of society, why should they be bothered fixing this eternal mess?

>>13631690
I didn't read "above a few million" like an idiot. But the rest of my argument still stands, the government doesn't have enough information as a monopolistic centralized entity to coordinate its efforts with more efficiency than the rest of the market. You act like the government is an omniscient being that knows better than anyone how to use that money. Why do you think this? At least other market participants are informed by the decisions they make versus competition, of course this is again distorted by various restrictions and regulations placed by the government. I'm not saying the rest of the system is perfect either but taxing 50% to give to the government is a complete waste. Also you have to consider capital flight. The wealthy class already has multiple passports, citizenships, bank accounts, etc. and they will happily pick up and move if their finances are under significant threat. A 50% liquidation would be more than enough for them to exercise whatever means necessary to shelter themselves.
Why don't you just unmask yourself already and tell us that you don't believe in property rights?
>>13631596
I get what you are saying. It's very close right now, but the bridge to financial independence hasn't been blown to smithereens yet, a 50% inheritance tax would be fatal.

>>13019840
I'll drink to that

What's the plan if crypto doesn't turn out the way we all need it to?

>>12968006
health insurance just increases the cost of medicine. it doesn't actually help anyone, and is just a rent seeking middle man

what are we listening to

https://www.youtube.com/watch?v=TjuorHVXgHw

>>12870711
Just hang in there.
Remember that markets are a mechanism for transferring wealth from impatient to the patient.

Being honest here:
I thought buying ethereum at 88 was retarded and I was fully buying into the whole "double digit shitcoin" thing.
I normally have my trading pair set to /btc on binance but I guess i swapped my favorites around and a sell order got filled in ethereum... Long story short I caught this pump by accident but I feel like if I don't tell people about my retardation in last month, the cryptokarma gods will strip me of my gains so here you go /biz/
I coinfess.

>>12814871
i miss being poor.

Crypto just got fun again
I can't say if we're back /biz/
but i am

>>12686645
This bitch is straight up retarded. This fact has been demonstrated several times already. You are only making her more popular and therefore more powerful by acknowledging her. Stop giving your energy to hacks like this or you will inadvertently meme them into relevance.

>>11277405
This, pretty sure /g/ is pozzed these days, mods included.The boards are transient in nature and given the current state of crypto + biz I doubt there are even many oldfags lurking but who knows. Of course posting a based thinkpad might lure one out of hiding.
>t. t430 here