/biz/ - Business & Finance

HURRY THE FUCK UP BEFORE PEOPLE REALISE

JESUS FUCK GUYS WE ARE GOING TO MARS

It's real.

UNIRONICALLY BOUGHT 100K, ALREADY UP 10%

Comfy since 8,for big gains sell your moon for Elix which is the next SALT...

Up 20% since I posted this thread, do you pajeets hate money?

Just FOMO. How high we going?

HOW HIGH WE GOING???

>bittrex lagging the fuck out
I got my buy in, but goddamn.

>>5536108
>>5536115
AT LEAST $19, $25 is the limit

>>5536115
At least 300k sats

MOON MOON MOON

>>5535821
ALLAH AKBAAAAR

>>5536115

>As a thank you to our community, we will be allowing members to repay both their principal and interest with SALT (valued at retail price) instead of US dollars.

Retail is $27.50 so.... at least there

GET IN NOW

I'm fuckin in

>>5536211
THIS SHIT IS GOING TO LITERALLY GO TO THE NEXT GALAXY, FUCK MARS

IM IN THIS SHIT ISRAEL

Remember to take profits at some point, over $20 is risky but entirely possible, $19 is the floor, dont be swayed by red candles

HOLY SHIT I HAVE GAINS

>>5536404
no man we are going straight to 30$

As a thank you to our community, we will be allowing members to repay both their principal and interest with SALT (valued at retail price) instead of US dollars. Terms and conditions are subject to change and limitations. Final terms determined at the origination of each loan.

MOMMY GIMME $19

nice just bought 100k

>>5536149
25 isn't the limit faggot

ITS EATING THROUGH THE SELL WALL LIKE IT'S NOT THERE.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

I'M HAVING FUN AND MY PENUSS IS HARD

GOING TO THE MOON

MOON RIDE

MOON RIDE

>>5535821
ohh god SHOW BOBS AND VEGANA

I just bought 30 secs ago, is it still worth it?

>>5536703
Anything under $18 is printing money

Just bought 5.
I’m strapped in but careful not getting memed on by biz

>>5535821
bought at 400 sats, thanks for your money fags!

Holy shit an actual working product?

2 bil easily now.

That buy wall is bigger than my erection right now

HODL. You know its going to 30 soon.

IT'S OVER
SELL ME YOUR BAGS!!

party's over, hope yall got out

>>5536791
I’m holding off in case the final product shits the bed like obsidian. I don’t chase green candles anymore.

>>5536837
>he thinks it's over
anon... it needs time to refuel

WHY ITS GOING DOWN AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
SELL SELL SELL SELL SELL SELL SELL SELL

>>5536905
Bear trap

30% in 30 minutes, this isnt going down anytime soon

>>5536905
With this news has to be manipulation

Or massive under sale

We all believe at least 19, possibly up to 25, must be true
It's now a functioning coin. Why not hold having bought within 6 mins of announcement

>>5536847
comparing a unique of it's kind lending platform with a fucking whatsapp rip off, never change /biz/ you realize the $25 cap is a meme and they may actually go up to $100 right?

>>5536968
>6 mins
Yeah try 38 minutes.

>>5536968
I bought upon seeing it on Twitter m8

Sell the news retards, dump. Tfw they actaully think people give a fuck and plan to use some erc20 shitcoin

>>5537055
>sell the news
They literally said you can use salt to get a loan, at 80% collateral this means you can get $21 directly from their site you stupid pajeet

>>5537104
let them sell senpai keep your mouth quiet, the last we need is pajeets and shitcoiners.

Buy mah begs freee $25 discount g-guys

>>5537055
I love when fools speak so matter of fact!

>>5537104
What's with the bear trap?

"Whale" owners shaking?

>>5536988

Majority of the supply is owned by Vorhees BTC whale friends, they no doubt will take this way above $25, this will be the bank for the crypto world.

what's the catch here? retail value is $27.50 but exchange rate is like $16? seems too good to be true

>>5537161
yeah but look at BITCOINEEEEE market cap and price as an example where's salt heading

itll go back down to $12 at least u can buy in then. sell now if u want ez profits

look at the 1 hour chart. it is just beginning. that was the initial push that always happen. Here comes the hour by hour slow gains. Expect 20 late tonight. (chinese wake) 25-30 by EOY

>>5537338

SALT is on Huobi. When the Chinks wake up they will see the % gains and hop on the train like they always do. Koreans and Chinese all the same trading strategies. So much money in their markets they don't care.

>>5537198
Nothing can sustain that level of growth, no matter how undervalued it is, people always want to take profits

Why is it dumping so hard? Was the platform launch not a success?

>>5537362
what's supply and demand?

>>5537405

Just typical profit taking. You have to have a pullback before it can rise again. It will be $20 by tonight.

>>5537405
literally just an hour ago, you guys are fucking retarded

Managed to get the btc off my other exchanges in time to buy the dip, round 2 here we go boys

Smart money uses money as leverage to make more money.

SALT is for smart people.

>>5537777
Quads speaks truth

>>5537777
Check’d

>>5537777
quads.

>>5537777
quads confirm $1000 by tomorrow

btc is ready to take a dive. this will do bad for SALT. wait this one out if ur thinking of buying in.

>>5537952
dumbass, a dip in bitcoin is good because you can take out a loan to buy the dip

>>5537777
quads speak truth also buy the dip

>>5537777

quads of truth

fuck i woke up an hour late i was gonna sell this above 20 usd looks like ive got some new bags to hold

>>5538116
>selling salt in 2017
anon...

Just bought 21 salts... am i gonna make it?

>>5538364
no, mortgage your house for this shit nigger

>>5535821
What is the Intrest rates and LTV on these loans?

>>5538456
<10% and 80%

>>5538345
i was gonna sell and rebuy but whatever i will just hold now

>>5538438
i have 1500 btw, will i make it?

should i buy the slight dip?

When do I buy in? Are we pumping again soon?

>>5538570
Same as me, wait til the next price rise and we will make it

>>5537055

yeah bud your'e right, nobody actually uses any of these tokens for anything and never will, it's all tulip bulbs. you should sell all your SALT

>>5538927
No one is pumping, this is slow organic growth from here on, any buy in is a good time, just do your own research and you will see its potential

it's j-just a p-pump and dump, anon, n-nice bags you've got t-there

>>5538494
What's all the hype about then? Who in there right mind would take a10%+ loan. Hopefully they have better rate for us that want to borrow a million plus.

>>5539197
Because it's a 10% loan using your crypto that you can use to buy more crypto, as long as your crypto increases in value by 10% in a year then it was worth taking out a loan. Would you really not bet on a crypto (any crypto) going up 10% in a year?

>>5539197
>Who in there right mind would take a10%+ loan
If the value of your collateral has increased by more than 10% when you pay off the loan you are better off than you would have been if you had just sold your crypto

>>5539197
I forgot to mention that anyone who wanted to cash out from crypto would be better off taking out a salt loan and simply not paying it back (they would just liquidate your crypto if needed to pay it off your loan) at worst you would pay 30% to cash out, but it would be more likely your crypto would increase in value and you would still have some crypto left when your loan is done. Both of these cases are better than cashing out and paying capital gains tax.

Taking out loans on assets is a loophole rich people have exploited for years to avoid taxes.

>>5539197
who the fuck is that beautiful slut

Why didn't you faggots buy when pbc told you?

>>5539651
Because I bought at 3.50.
The leader of that glorified P&D group has probably been in since ico

>>5539478
>Taking out loans on assets is a loophole rich people have exploited for years to avoid taxes.
Exactly. A lot of people don't realize this. You can take a $1M loan from your stock broker for 2.5% interest too. That's better than selling your stocks and getting hit with a 50% tax, or losing out on your quarterly dividends. The rich don't sell, they borrow against it.

PUMP TOMORROW(The more the merrier)
https://discord.gg/Za58p27

>>5539321
Why not just play the futures market with leverage them?

>>5539339
This make sence but only assuming you can't find a loan at better than 10%. Which would only be the case if you are a poor credit NEET.

>>5539740
>Exactly. A lot of people don't realize this. You can take a $1M loan from your stock broker for 2.5% interest too. That's better than selling your stocks and getting hit with a 50% tax, or losing out on

This makes sence anon, fuck capital gains taxes. Do you think Salt intrest % will come down over time?

>>5539973
Because the date is predetermined and you have risk? this is a guarantee to get the money now at the expense of a chance of losing your crypto, at some point you could still want to cash out some of your profit from futures and it would be better to take a salt loan to avoid capital gains tax.

>>5539973
There is no penalty for early paying back of loans so if your collateral moons you can pay off the loan instantly with no penalty for doing so.

>>5536211
We're obviously 100% guaranteed to hit 27.50 then. This is the easiest buy I've ever made.

>>5539973
>Do you think Salt intrest % will come down over time?
Yea. Interest rates should be around rates you get at your stock broker. Some stock brokers are a ripoff and charge 8%. But others like interactive brokers charge 3% for $10k loan against your stocks. SALT will also let you use a debit card to spend the fiat, like some stock brokers do.

https://www.interactivebrokers.com/en/index.php?f=26451
https://www.interactivebrokers.com/en/index.php?f=1595

HOW THE FUCK IS THIS SHIT SUPPOSED TO CLIMB IF RETARDED WHALES KEEP DUMPING FOR CHEAP PROFITS EVERY TIME IT CLIMBS SLIGHTLY

FUCKING NIGGERS

>>5540480
Let the whales have their fun, easy $20+

>>5540480
buy the dip

>>5540514
Just bought the dip for the second time on this wild pump, I'm fucking loving it.

>>5540480
people dont understand the fundamentals and just look for a profit, it's ok anon, stay strong, these things take time.

>>5540154

You can close a futures contract before the exercise date thou right. Using salt you also risk being margin called and the liquidation price not being enough to cover your outstanding debt.

>>5540238

That's a big plus if true

>>5540314

I'd be all over this shit if they got it down to 3%. Is interactive brokers 3% only for amounts under $10,000?

>>5540514
>>5540507
>>5540562
Yeah nvm I'm retarded and was just acting on emotions. Really should learn to just stop watching the graphs and hold for a couple of days.

>>5540632
>Using salt you also risk being margin called and the liquidation price not being enough to cover your outstanding debt.
They give you some time to react, if you think you are being margin called and that it will recover then you can put in USD instead of letting them sell off your collateral.

MFW Salt has made me more money already this year than my annual salary from my job.

Oh fuck am I too late to join the SALT party?

>>5540632

who is this goddess

>>5540632
>Is interactive brokers 3% only for amounts under $10,000?
They charge 2.92% for any loan under $100k
And 2.42% from $100k-$1M.

>>5541012
Nope, in a huge dip atm

I aquired 70 SALT. Will I be a rich pajeet?

>>5541071
I spoke too soon

>>5541131
Don't sell until a week when its 60$+

You guys have been warned all week this was coming, I seriously fucking hope you bought in

did i just waste 1 salt signing up for a basic membership? cant seem to take out a loan

also the fine print says you can only pay off the interest with salt, and "term and conditions" apply

how to buy fuck, i'm dumb

>>5540746
That's good then. Especially if the loans are truly open like the above poster is saying.

>>5541020
My GF I'll post nudes for 1btc

And another fake sell wall was exposed, who is letting these whales get away with this shit?

Been hodling my 20,000 SALT since I bought in at around $3. Can't wait until the launch. Expecting to sell out around half of it and get 7x. Gonna use the rest for loans and membership. This is a real business offering a REAL SERVICE and utility for their coins. How many ICOs can say the same? Not very fucking many.

>>5541599
Awesome larp..it launched 3 hours a go ya dork. You obv. aint club Enterprise either... Go back to COD:MW

>>5541677

What?? I had no idea it already launched, seriously. I've been working all day and just got home.

This is really gonna be big

>>5541423
You need collateral of 2x your loan as far as I remember.

>>5541881

I thought collateral was 120%?

Pretty sure this was a classic /biz/ pajeetcoin. Just dumped two bucks as soon as I bought in

>>5541677
Can you explain the membership teirs to me. I heard they are going to keep the price consistent in USD. Is this true? How much will a enterprise membership be?

>>5542015
>he didnt buy when it was $3
DO YOU HATE MONEY

>>5542337
I didn't even know how to buy BTC when it was $3.

Is it too late to board the ship?

>>5542709
No but expect a rocky road, a lot of people want to dump since they just saw the $27 price tag and dont actually understand it

If you want some real 2x gains check this discord, they've had multiple this week, look a their past signals. Made massive gains so far senpai:

https://discord.gg/USV36RY

>>5542015

why would you buy if you didn't look into the product? its legit as fuck, over the next 2-3 months this will go to $30-50, past that it has no upper limit - SALT will be the gold standard for taking crypto-leveraged fiat loans