/biz/ - Business & Finance

15K /SUBMARINE/ HERE

Can't believe I am wishing for NN to be repealed, but it will send this shit to Neptune.

>>4968350
Is this mooning? Pls no

>>4968350
yup, hope SUB will moon even without it

>>4968495
Looks like no?

NN vote is on the 14th, right?

>>4968495
>>4968546
Fantastic consolidation at 35 cents. Between the token burn, bittrex, NN and product release, this shit is going to $1 by February. You'll all fucking see.

i have 4k am i going to make it anons

>>4968117
Hodling 93k here. Lucky enough to have gotten for average 4.3 cents back in September.
Tempted to trade, but won't even touch this shit. This is basically my early retirement savings.

>>4968350
Same here. NN is a bit overrated anyway, we do fine without it here in Brazil and the US did fine without it before.

>>4968495
Not yet

>>4968528
I think it will as well, but NN will bring attention and hype to the project.

>>4968579
Depending on how Beta goes, I'd say 1USD EOY isn't that far fetched.

>>4969560
I dunno, will you? Let's say you think SUB is worthy of being a TOP 10 market cap coin. I think it is. Number 10 is Monero with a $4,173,656,344 market cap.

SUB currently has 352,000,000 tokens in total, but after being on Bittrex they'll burn around 100mil, so 252,000,000 tokens. Assuming we surpass Monero's spot by 1 dolar, 4,173,656,344 / 252,000,000 = 16.56USD.

16.56SUSD * 4000 = 66240USD.

Do you consider that making it? If so, then yes, you'll probably make it.

>>4970090
Nah that's not making it. But right now SUB is <2% of my portfolio so if it ballooned to $60k I'd be happy

>>4968579
Bittrex? Uhh sauce on that? My only concern is that the product might suck balls, so I'm tentatively watching it, ready to buy in or bail out at any moment.

>>4970217
60k is enough of a savings to eventually make it though. I know you said it's only 5%, but still.

If I can just get to 200k, I know I will make it. Whether it's crypto carrying me all the way there or flipping houses. That's all I want, is the money to know I'll make it, and 200k is about the minimum to invest to guarantee this imo.

>tfw $5k

Crypto is so fukn comfy though lol I'll probably actually make it from this and my 2k initial investment.

>>4970217
Honestly, if launch goes well SUB will have more use and definitely be more valuable than most of the current tokens in the TOP10, and by January when product is out number 10's market cap will probably be higher than it is right now, so I'd say even a 20USD or more valuation for SUB is possible.

>>4970238
They have talked about Bittrex listing multiple times. They have no date yet, but when it happens they'll burn around 100mil tokens. But yeah, it'll all depend on the product launch. If product sucks price will tank, if product is great price will fucking soar.

They've also managed to have redirects on the SUB network without hosting sites, so you could technically access Google, Twitter and Facebook in China.

>>4970313
It's crazy. I've invested 4k USD in SUB back in September and it's worth 34k now. It's a pretty comfy hold for me.

>>4970313
Nigga I want to never work again by the time I'm 30

>>4970355
Damn good for you, I wish I would've known about this at ICO, the concept had me extremely interested but I only heard of it in November. Due diligence pays off and I'm always working on getting in earlier and missing out on cool projects less.

Cool for the Bittrex info too. No rough date at all though? That's gonna be massive news with a token burn too.

>>4970398
Same, but I'm talking worse case scenario here, if I get 200k I'll be able to make it one way or another, while working for myself.

>>4970431
Honestly, just look at new coins with a good team and an idea that makes sense. ICOs are basically start-ups going public which is why people see such crazy gains on their investments. Usually companies that have an IPO are already worth millions by that time so you won't ever see quick 8x or 10x gains from stocks like in crypto.

My point is: bet in a company's vision and most importantly their team. Check their Linkedin, check the Linkedin of people who appear on their Linkedin, check everything.

>>4970538
I agree, just invested more passively until recently and overlooked a lot of solid projects. Lately my eye has been on Zen Protocol, which has it's token sale going on now.

>>4970484
Well by that benchmark I am doing really well then.

I figure, never working again will take ~$5m USD equivalent in crypto so I can cash out a cold mill or two while waiting for total adoption

>>4968117
But im holding like 700 of them. Not a lot no, but certainly if it goes to 10 dollars in a couple years ill be glad.

>>4970812
But if total adoption happens you wont have to cash out. You can just retire and move anywhere in the world you want because your crypto will be world wide.

>>4970926
>But if total adoption happens you wont have to cash out. You can just retire and move anywhere in the world you want because your crypto will be world wide.

That could be 20+ years from now

May need some fiat in the interim. It remains to be seen

>>4970812
Treasury bonds in Brazil will net you around 10% a year. Around 8.25% after taxes.

82.5k a year for every mil after taxes (not counting inflation tho). 57.5k a year for every mil if you worry about inflation (you need to worry about it, but not completely depending on how much money you have). You could also get the amount destined for inflation and beat the shit out of it by just investing in crypto.

3mil dollars will net you anywhere from 150k to 240k a year for doing jack shit. Feels good famalam.

>>4971106
The problem is my confidence in fiat is nonexistent

>>4971411
My confidence in crypto is even smaller because every crypto basically depends on BTC, and BTC is broken as fuck, has no utility and is basically riding normie retard hype.

I got 80k of this, am I gonna make it?

>>4972121
yes. just fucking hodl.

>>4971411
>>4971476

The problem is that life as a whole is a fucking mess. Let alone anything regarding finance. The current system might just collapse every moment and the same is also true for crypto.

>>4972535
yes, but crypto has a huge bottleneck called BTC filled with slow transactions that can actually turn the CAN'T CASH OUT meme real if everything crashes and burns.

i'd wager crypto will go down before this shitty unstable gov i live in won't allow me to cash out my treasury bonds and put my money somewhere safe.