/biz/ - Business & Finance

>>11926732
do u hold any LINK?

>>11926743
Unironically hold ~250k stinkies.

>>11926732
Still in BTC at all or is it not worth the risk anymore? Are you buying back in now, or waiting?

>>11926753
prove it.

>>11926732
What method did you use to sell your BTC?

>>11926758
I've slowly bought once we started dipping below 5k. Really eating into it though. If we get near $2.5-2k I'll buy ~200.

>>11926765
I had around 700k presale linkies at one point. Will buy back if it goes low enough.

>>11926765
I'm at work and dont have my wallet address memorized (yes I still work).

>>11926732
dat yung inspect element

nice larp tho

>>11926775
Coinbase. Incremental sells.

>>11926809
Yeah, you're right, there's no oldfags here, just larpers. Nobody would still lurk if they actually did well, right?

>>11926806
>work

>>11926870
I enjoy my work, and it's on my terms.

Are you bullish on projects besides ChainLink?

>>11926842
Just a tip, next time you try to larp put the larger amount of money in the savings account instead of checking cuz it makes no sense otherwise.

>>11926732

1) Did you pay taxes?
2) Did you pay taxes on individual trades (tax events)?

>>11926954
>implying $400 in interest difference matters to me.

14RFaEXoYT5DHFSggJh3Er4XSpVzXNmK5W

Send coin pls I’m ruined

>>11926954

Uh, you realize that savings accounts are garbage now right? It's better to have it in your checking account so you can move that shit to Robinhood.

>>11926990
Yes, I paid taxes on every trade, including the cash out. Tracking everything back to buys on mt. Gox was a pain in the ass. Thankfully I was smart enough to keep my coins in a personal wallet.

>>11927023

Smart move. The tax "wizards" that didn't pay taxes on every trade are going to get fucked by the IRS.

>>11927036
I'm in the US. Uncle Sam always gets his cut. I'd rather pay a couple million in taxes than get thrown in a cage with subhumans for years. I wouldn't call it smart, just not retarded.

>>11926894
good, I would do the same

I don't know how to say this without coming off as patronizing OP, but that's peanuts. You'll have actually "made it" once your LINK stack goes parabolic however.

>>11926753
Why exactly do you hold LINK? Is that the only altcoin you are holding?

>>11927107
Well, yeah, I cant live on ~$6M forever. I paid off my mom's house, my house, my brother's student loans, and bought 3 properties. So it put me in a position where I can be comfortable if I ever decide I dont want to work anymore. I'm not a lambofag moron.

>>11927137
based. What do you do with your life now, and how high do you expect LINK to reach? Planning on traveling once LINK reaches $20.

>>11927126
Its use cases are amazing. It has the potential to replace SWIFT. That alone was enough to get me in. Will those ambitions be realized? Who knows.

Other alts I like:
XRP
XLM
ETH
BCH (mostly because of my holdings from the fork)
DASH
DOGE (I mined a lot lol)

>>11927137
Truly the dream

>>11927137
When you said 1/5th of your total assets, I made the mistake of assuming you had the remaining 4/5th's in non-liquid assets. ~$6M in fiat is not peanuts, I'll now humbly eat my words.

>>11927175
I work, I have a really chill (and hot) gf, I play vidya, and I travel.

LINK isn't going to go crazy anytime soon I dont think. It's a premine shitcoin, after all. I'd be pleasantly surprised if it gets to $10 in the next 5 years.

Any advice for a struggling Aus bro-
Got 20k debt, shitty job for the moment nearly making it by and a baby on the way.

Is daybtrading a good way to make extra money?

All my stack is in xrp also op.

Any thoughts are appreciated!

>>11927217
What coin would you go all in on?

>>11927186
>It has the potential to replace SWIFT
Umm...

>>11927237
For the time being, BTC and ETH are the most reliable, if that's what you're asking. They are essentially the gatekeepers of the market. I think now is a good time to buy (at least some). I'm really waiting for 2.5k BTC before I drop a wad on it. That might not happen. I'll fomo a decent chunk of change if we stabilize around 5k for a while.

>>11927235
>20k debt
>daybtrading
>All my stack is in xrp

>>11927235
XRP isn't going to moonshot, and everyone I know who got into day trading and meme lines got rekt. $5 XRP in 3-5 years? Maybe. Big maybe. If I were you I'd hold some BTC and ETH with XRP being a lower percentage than both.

>>11927235

Any amount of money would be life changing to me right now whale bro,

1KFUSvc9wXz6rVF8wUdbXRvYKiRE6csFcS

Will be forever grateful, also I have a huge stack of Aussie amateur nudes from anon-Ib saved (1000) will send you those if you help a bro out :)

>>11926732

simple questions
> when did you first bough ?
> what made you jump the goat and start buying ?

T. some stupid anon who saw this boat back 2011 but tough it was "stupid"

>>11927300
Thanks for the thoughts OP!

>>11927312
2011, mined some too. Spent 5BTC on a flashlight lmao. Bought T-shirts, food, etc. It was just a meme and fun geek shit to do. The flashlight is mounted on a plaque on my mantle at home now with a little brass plate that says "For sale: 5BTC". My gf has jokes.

>>11926732
Do you believe in God?

>>11927380
That's fucking hilarious.

I'm 80% in BTC thinking about going 100% and cutting my expenses until the golden bull run

what's your price prediction for end of 2019, 50k?

>>11927395
I'm an IT geek, not a philosopher/theologian. I think its foolish to act like you know for sure either way.

>>11927410
Somewhere between 3k and 30k. I'm just a semi-early adopter, not a whale, and not clairvoyant.

>>11927380
> pretty much the answer I expected

how believable is pic related to you ?

>>11926732
Based op
How fuck am i if i did a bunch of trades in dec jan feb and now im down 75% from ath?
Inital 16k buyin in aug sept
Sitting at exactly 16k right now

my first purchase was 3 coins for 1/8th of weed
only took buying them seriously in 2015 and only sold 25% at an average of 12.5k
I have money but not enough to buy properties kind of wish I would have cashed out like 75% or more of my holdings but I believe in bitcoin so much

>>11927462
Past performance is not an indicator of future results, or some such, so I'm told. That being said, BTC isn't becoming any easier to mine. Meme lines annoy me, because people like to think they've got shit all figured out, when they're really just stroking their own egos and seeking validation.

It's been over an hour at work and all I've done is shitpost lol. And some anions would call me a wagecuck...

>>11926732
>800k in checking

jesus anon

>>11927483
Talk to a tax attorney. There's a term for it, I think it's called deferring losses or something, but basically you can recoup your losses as tax credits (in the US) to some degree.

Take a video showing those numbers and press F5. Otherwise:

LARP FAGGOT

>>11927514
I've since been informed that this means I'm a larp ¯\_(ツ)_/¯

>>11927217
This is a lot of effort for a LINK FUD thread

>>11926775
He used the "edit the html in my bank's web app to make it look like I have money" ancient technique

>>11927575
Audible kek
Listen man, I too hold stinkies. Id just rather be conservative on price predictions. Less disappointment when your shitcoin tanks, and more joy when it surpasses your expectations. I'd be thrilled if it somehow someway shot up to $50. That would be fucking awesome, I just dont keep my hopes at such lofty heights.

>>11926732
Why you do us like this fren? So malapropos of you to be misleading frens with such shit tier advice. Please stop larping

>>11927626
Fuck, I'm busted. Please stop hacking me anonymous.

i'll bite, how'd you do it?

>>11927626
>>11927575
>>11927551

why are peoples always so fucking sceptical
the possibility for some anon to be a whale if way higher than almost any other community, heck I'll still be posting here even if I was a billionaire

>>11927510
no not gonna lie crushed my dreams a bit but hey hope is all I have left at this point
have a good day anon

>>11927669
What did I do to make the jigglin' stop?

>>11927678
I mined, I bought, I got freebies from faucets, I bought shit with it, forgot about it mostly for a couple of years, then sold quite a bit. I think the key part was just forgetting about it for a couple of years, honestly. Probably would've sold a lot sooner if I had been really paying attention.

>>11927687
>heck I'll still be posting here even if I was a billionaire
They told me to leave while I could when I first got here... they were right.

Also, I wouldn't be wanting to buy back in if I didnt think it would go back up. It will, but how long and how much, and how many dips in between is anybody's guess.

Alright I actually have to do some stuff before I go home. Cheers /biz/
If there's any advice I can leave you with its this: have patience, like a lot of patience. You aren't going to make it overnight. And no matter how smart you think you are, margin trading will fuck you up.

>>11927687

Because link is retarded. SWIFT would use a private blockchain. They aren't going to expose customer data to some Russian programmer.

For fucks sake.

>>11926806
Why

Yeah ok kiddo

>>11926732
Why would you hold a million in cash? Even if it is only 20% of your assets, even given official inflation rates that's like 3% per year eaten. If you want to give 30k away I'll take it for you for free.
And we all know official inflation rates are bullshit so make it a cool 50.

>>11928281
>inflation data are fake
>being THIS retarded
you know everyone can calculate the inflation rate right?

>>11928296
> pretending like the method doesn't matter
k

>>11928296
Yeah if anything the numbers are overstated so the government is fair & pays more on its debt than is necessary- its about being fair

>>11928317
why don't you calculate it using your correct method then anon? oh wait, you are just a brainlet on the internets that has no idea what he is talking about

--ahem--

>>11928328
totes >>11928330

>>11928330
>shadowstats
>posts a conspiracy theory site with 175 dollar subscription

thanks for proving my point tard

>>11928341
why are incels so obsessed with these pasty bug people?

>>11928343
good citizen, I see you have successfully been imprinted with the official story regarding these evil conspiracy theories. The government would surely never lie to you. Keep it up.

>>11928356
your retarded site says USA has more than 20% unemployment rate. I can't even imagine how retarded someone must be to actually believe that stat is even close to real

>>11928353
are they? I thought the elliot rodger stereotype was that he was a supreme gentleman after a beautiful blonde hair blue eyed aryan waifu? Fucked if I know, I'm not incel.

>>11926785
Think we'll see those numbers soon?

>>11928361
See my post:
>>11928268
Participation rate is the real unemployment rate. Businesses are struggling to find people to work.

>>11928361
it'd be weird if they explained how they arrived at their figures or something eh?
http://www.shadowstats.com/article/c810x.pdf

>>11927626
I actually did this when I was in China. I had to extend my visa and needed to prove financial ability to stay in the country. Had a negative balance at the time and edit to $200k or something ridiculous like that. Dumb bitch bought it.

>>11927462
zoom out
>>11927001
sent ;)

>>11926732
What do you think about the Basic Attention Token?

Would you ever give away free crypto? Do you give back to the cryptocurrency community?

more like semi-early larp thread

>>11928388
yes, by taking the real data and multiplying it by 5. Imagine being THIS dumb to actually fall for random numbers posted in a blog

>>11928391
;) too many larps on this board

>>11927137

If you can't live on 6 million bucks you are either living in a ridiculously high priced area or you're just horrible with money.

>>11928401
BAT makes up 75% of my portfolio. I am a true believer. And I sleep much better than linkies who might end up getting scammed.

>>11926732
what do i do with 130k? i wanna be rich lik you

>>11928423
Does your multiply by five operation only start actually working in 1983 or something fuckwit? Go smoke a cock. You state fellating shitheads are boring as fuck.

>>11928134
Fucking rofl. Linkies being btfo by based whale.

>>11928464
please continue believing your "alternative facts" posted in shitty blog sites, its from brainlets like you that I keep making money from the market

>>11927796
A-at least one of us made it...
If I told you about an altcoin that you could probably 10x on this year (and without a large initial investment) would you give me 5% of your net profit (provided that I'm right)?
It'd go to a good cause (first game deving, then once I get enough money, building my own laboratory to do R&D)

>>11928401

>fingers crossed

>>11928487
You never know. I've seen people give back on /biz/. I was given $200 worth of ETH back during the bullrun by some random whale. It happens sometimes when people feel like they've been blessed.

>>11928510
If only...
Problem is whenever there's a giveaway a bunch of thirdworlders swarm the board. Cost of living in their countries is already so low, so any significant amount given to one of us would make them rich. This only entices them even more to spam

>>11926732
Nice inspect element, faggot.

>>11926753
what a beast

>>11928510
No I was talking about whalebro liking BAT and not thinking its a shitcoin like chainlink actually is. Peter Thiel didn't think it was a shitcoin... just saying.

>inb4 BAT isn't Brave

Yes faggots I know buts its still integral to the entire vision for the ecosystem.

Why hold 20% of your assets in cash?

>>11927235
Jesus christ m8. I'm only telling you this because you're a fellow ausbro, and because you have a kid on the way. Learn how to arbitrage.

kek 800k in cash

>>11929397
>kek 800k in cash
>>11928595
>why have assets in cash?

>checkings account
>cash
choose one

>>11927687
No crypto millionaire would have their earnings in a fucking savings account. In fact, I very much doubt anyone who was able to cash out did so through their checking / savings account because they'd trigger a million AML flags.

>>11929780
yep, the only people who cashed out were those who have already made it thus the institution gave them the pass

>>11929683
so you're saying it's useless anon

>>11929683
>checking account
enjoy the bank locking your money up in 2024 when el presidente alex ocasio cortez declares all bank deposits state-owned to pay our debtors

guess you've got awhile to deal with it though

>>11929683
>>checkings account
What's the rate of return on that checking account?

>>11929780
I'm not like a huge whale or anything, but I had only 1 problem withdrawing from coinbase. A lot of my december wires took about 3 weeks to actually come through.

>>11926806
this is how I know this is a LARP. You don't need to know your address. You just go to etherscan and go to the richlist and find your address with 250k LINK. It's not that hard. After you post your address send a transfer of 10 LINK to another address. Unless you do this, you're just another larper.

>>11930075
This

>>11930075
to his credit, he then gets his wallet watched by autists so not sure he'd doxx himself

>>11927575
I give credit to OP for slowplaying it. Had me thinking it was just a generic larp, but it was extremely subtle link fud the whole time.

>>11930761
Really can't see how you can doxx yourself by sharing a wallet address that's already public...

>>11930987
security through obscurity

>>11929780
Actually a lot of crypto whales get very careful after cashing out. Also a savings account will do much better than anything else for the next 2 years

>>11926732
Shit larp, video + f5 and show one of your crypto addresses

>>11927005
Nobody who has several millions would use a shit broker like robinhood

>>11927107
>but that's peanuts.
1mm is not peanuts you stupid faggot. It is financial independence for 1 person. You don't even have 100k yourself

>>11926732
OP, just know that some of that sitting in your bank account is blood money. Innocent people's lives have been ruined over this.

>>11928393

>>11928268
Hol up. 27 million dollars?

>>11932212
>falling for the inspect element larp

>>11931896
unironically kys

>>11926732

854k / 3.7k = ~230 BTC

if you cashed out @ 20k, you had 4.6 millions.

>>11928372
> Businesses are struggling to find cheap loyal and hardworking people to work like dogs for them
ftfy.
poor companies and their bosses, will they ever 'grow' again? will they be able to buy another mansion and keep going out to eat 5 times a week in the most luxurious restaurants? WHAT, they cant buy the newest BMW or Mercedes!?

GOD WHAT IS THIS WORLD COMING TOO? WHY WONT PEOPLE JUST WORK FOR SHITPAY, I NEED MY CAVIAR AND LOBSTER I WENT TO COLLEGE AND WORKED HARD FOR MINE, I DESERVE THE WORLD!

>>11926732
How did you pay your taxes OP? I am going all in on Link and want to be prepared for when the time comes. I'm closing in on 20K and think that will be a comfortable spot to be for the singularity.

Do you have any big projects in mind for the money you made? Like supporting your old schools, or creating pet project animations, games and whatnot?

>>11926732
Inspect Source, edit. Please gtfo

>>11933285
I haven't read any of this bullshit thread, I came here only to high five you for the Kokou No Hito manga page. What a great manga. I'm glad someone else knows good shit. real man of culture there.

>>11933285
You should invest in gold and silver instead of throwing your money away

>>11932740
holy boy

>>11933337

The manga made me realize how much I adored my solitude even though I'm a people person. Between that and Yuru Camp, I've made it my mission to go camping the Fall/Winter season and to go mountain climbing. But I have to leave where I live, hopefully crypto will afford me this opportunity.

>>11933320
nufags everywhere

>>11931228

Uh, millennials that made money on crypto? Ding ding. They support crypto too.

Idiot.