/biz/ - Business & Finance

>>16627541
/biz no like money?

>>16627677
Yep, staking is awesome. PoS is the future

>>16627541
I like tezos but it takes about $33k worth of it to generate $5 a day. Most normies aren't gonna do that.

>>16627541
staking is like dividends for stocks, its for idiots

>>16627541
>>16627677
>>16627686
So how come the price is nosediving since BAKING was released?

Getting 80 a day from goybase
Going to go somewhere else. CB will 1099 you once you cross the 600 mark, even before selling
I like the convience but I don’t wanna pay taxes on money I haven’t cashed

>>16628222
Its up 100% from a few months ago.....Thats when I bought

It makes one think, why the fuck would i keep my money in the bank?
Of course you run the risk of the price dumping, but we’re still in the beginning of it all in the scheme of things
Few years from now we will look back and think how lucky we are we got in at these prices
Enjoy the ride anons

>>16628246
so they tax you on tokens earned from staking which could potentially be worth $0 some day

thas amazin'

>>16628308
Exactly
That’s why I will be moving, I just hate using wallets and lost a lot money in them

>>16627710

Or rich people

>>16627541
>holding several thousands of an useless token instead of buying btc or eth and earning a % for lending
you won't make it

>>16627710
What do the smart people do?

>>16627541
Rewards go down over time. Buy Pegnet.

>>16628288
> babys first financial investment
At least I hope it is, because otherwise you're retarded for not noticing this effect with literally any other appreciating asset

>>16629239
where to lend?

>>16628222
Just a correction bro, long term XTZ chart is bullish. Also, the staking radio and number of bakers have increased during this "nosedive". More bullish metrics imo

>>16629239
I would never do this, also wouldn't stake my XTZ on an exchange either.

>>16628222
DPoS has literally never once worked out well. All DPoS coins are centralized shitcoins that melt away to nothingness. e.g. TRX, EOS, NANO. It is DPoS no matter what the devs say.

>>16629708
Tezos ain't DPoS though.

>>16629714
>you can delegate your staking
>call it baking instead of delegating
nOt DpOs

>>16629767
All DPoS has a lock up period which creates much different financial behaviour. You're actually too stupid to be giving advice on biz

>>16629791
>DELEGATED
>PROOF
>OF
>STAKE
>All DPoS has a lock up period which creates much different financial behaviour. You're actually too stupid to be giving advice on biz

>>16629792
>playing with semantics rather than looking at the technical differences
ooof

>>playing with semantics rather than looking at the technical differences
>ooof

>>16627541
do you get staking rewards if your xtz is in coinbase pro, or does it have to sit at coinbase? dumb question i'm sure, but I can't find anything on it anywhere.