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/biz/ - Business & Finance


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File: 189 KB, 436x233, pepe.png [View same] [iqdb] [saucenao] [google]
10608022 No.10608022 [Reply] [Original]

Sup /biz/,

In the recent months I’ve noticed a significant increase in pink wojaks around. Much so that it’s driven me to resurface as it’s smearing the board, and I’m actually concerned. Fellow /biz/tards losing their NEET money left and right, pure madness and despair. That's why I’m back to shed some light on the industry, the current bear market, and anything Crypto that you ought to know.

Who am I? I am a 30 yo euro male, majored and graduated in economics around Sept 2008; days after Lehman filed for bankruptcy when shit hit the fan our banks were already wobbling. Fed kicks the can a lil, others follow. End of the day, we feel the burn while they sip their champagne. It’s a zero-sum game. Unemployed for months, searching for any path towards economic freedom. When I heard of Bitcoin on some prog IRC channel, I never thought far, but the concept was intriguing. Bit by bit, things fell into place.

Now I’ve sworn to ride the next hype wave and i’m bored of just lurking. I work for an emerging crypto consultancy firm and we aim to be the Ernst and Young of this digital renaissance. Dabbled with crypto occasionally since 2013 (Mining BTC for fun), officially vested during mid 2014 thanks to eth. I’ve accumulated a wealth of knowledge throughout the years, but a circle of informed wealthy local boomers caught wind of my track record. They hired me as one of the leading execs in their crypto venture. I haven't "made it" per se, but I feel like I am pretty close.

Why am I coming to you? Well, my job is to advise and consult. You bastards have been there with me through thick and thin, and we’re in this together. I’ve decided to go pro-bono and I sense this is needed. I have done extensive research on most of the promising coins (yes, LINK included) and am networked well enough to know with 80% confidence where we are headed next as a market. If you are in despair and fear for your monies, just ask away.

>> No.10608052
File: 65 KB, 750x709, bamboozledog.jpg [View same] [iqdb] [saucenao] [google]
10608052

>>10608022
Well just tell us then, larper.

>> No.10608107

>>10608052
>But where's the fun in that?

Lets start with something elementary shall we?

ETH & BTC movement. Notice anything different?

>> No.10608116

I;m listening OP...

wheres the market heading this next quarter?

how much LINK do you hodl and what do you think of it?

How LARP are you?

>> No.10608132

>>10608107
no, they look exactly the same to me

>> No.10608141

>>10608022
when will this end man. please tell me. my last hope is LINK. its 50% of my portfolio but if it hits $2 im set for life.

>> No.10608156

>>10608107
BTC is forming some kind of cup and handle thing while ETH is just going down but has strong support. what does it mean

>> No.10608169

Will BTC go below the 5700-6000 range?

>> No.10608170

>>10608107
I'll bite. go on...

>> No.10608183

thoughts on the following coins OP:

REQ
OMG
RLC
ELIX

>> No.10608190

>>10608022
Nice larp faggot

>> No.10608226

>>10608183
last season's alts. will probably never recover

>> No.10608244

>>10608022
>euro
Opinion discarded. Don't you have some welfare to collect? It's all free, right?! *gets taxed 90% of his income*

>> No.10608257
File: 210 KB, 1480x1206, Screen Shot 2018-08-08 at 12.20.47 PM.png [View same] [iqdb] [saucenao] [google]
10608257

>>10608107
I don't see much. Obvious difference being ETH's big dump

>> No.10608266
File: 30 KB, 298x403, wj6j7ox6ano01.jpg [View same] [iqdb] [saucenao] [google]
10608266

waiting for OP...

>> No.10608289

>>10608107
they are diverging. eth is going down faster than btc

>> No.10608315

>>10608022
>Now I’ve sworn to ride the next hype wave and i’m bored of just lurking. I work for an emerging crypto consultancy firm and we aim to be the Ernst and Young of this digital renaissance. Dabbled with crypto occasionally since 2013 (Mining BTC for fun), officially vested during mid 2014 thanks to eth. I’ve accumulated a wealth of knowledge throughout the years, but a circle of informed wealthy local boomers caught wind of my track record. They hired me as one of the leading execs in their crypto venture. I haven't "made it" per se, but I feel like I am pretty close.
AhahahahahahahHAHAHAHAHAHAHAHAH get a load of this fucking asshole. Its the assblaster post but with some words changed around like a kid trying to be sneaky about plagerising wikipedia hahahanahah.
So what awful shit are you shilling dumbass? You take a look at the btc chart lately kek

>> No.10608330

>>10608022
What's your take on Chainlink?

>> No.10608348

>>10608132
>>10608156
You're onto something. For once, when BTC rises, ETH is not following. It literally has found its own support away from BTC and is beginning to take its steps.

Despite the decline and some support, MANY coins are ERC-20's, and these fuckers either shitcoin or with good faith are vested onto a gas volatile loop. But people have already opened set up shop.

Many are afraid and are back in the HODL mentality. Do people really fucking think an ETF will be a panacea?
Hold on my wife has lost her keys

>> No.10608361

>>10608052

Good boy

>>10608022

Is Link legit? Is it the next ETH?

>> No.10608410

>>10608348
So you're saying theres a flippening coming?

ETF will help clueless boomers get into crypto. Plus BAKKT. i dont get your point. tell her to check her pockets from yesterdays pants

>> No.10608420
File: 71 KB, 360x250, 049.jpg [View same] [iqdb] [saucenao] [google]
10608420

>>10608022
What do you think of Chainlink's potential? If you say it's nonsense, I'll believe nothing you say.

>> No.10608422

ever since that swissbro faggotcuck Ive been hating larpfags so much

just kill yourself retard

>> No.10608643
File: 2 KB, 68x77, a.png [View same] [iqdb] [saucenao] [google]
10608643

>>10608116
Don't expect a massive rebound soon but prepare for another January effect buildup as we near EOY.

I have a decent amount of LINK but the thing is are you looking to make quick trades or are you in it for the long term? They need more marketing. Timed, Careful.

>>10608169
5.8-6k Support range. It's just FUD and emotions. My plug at Bitstamp put in word of various partnerships in place and it's fucking filthy how much these people are willing to do to bring them back to early investor days

>>10608183
REQ - NeedsMoreMarketing. x100
OMG - SEA/ASEAN is seeing a damn good rise. But remember it's still on vitaliks turf.

RLC & ELC are in my research list

>>10608226
Yes, but not all.

>>10608257
It won't last long.

Let me ask all of you next this,
>What's lacking in Ethereum?

Where are HNWI scurrying for and have LITERALLY tested when shit was going down?

Look for something thats been gaining/buoyant no matter the drop in BTC/ETH
>hint No it's not ai- cockchain vaporware
>China showed us something
>It's not who you think it is. But..

>> No.10608681

>>10608410
Thanks mate, checked the laundry, problem is its her office keys and she needs her files. Checking the car though.

>> No.10608705

>>10608643
>whats lacking in ethereum?

Staking? Stable price?

>Where are HNWI scurrying for and have LITERALLY tested when shit was going down?

I dont know. Tether?

>Look for something thats been gaining/buoyant no matter the drop in BTC/ETH

MKR?
>China showed us something
VEN? KMD? neither had hnwis scurring in tho

>> No.10608730

Shit LARP thread OP.

>> No.10608756

>>10608348
Everyone check your pockets for the fucking keys

>> No.10608785

>>10608643
>Where are HNWI scurrying for and have LITERALLY tested when shit was going down?
>Look for something thats been gaining/buoyant no matter the drop in BTC/ETH
Asset tokenisation?

>> No.10608801

what to do when you diversified too much... just hodl and wait?

>> No.10608824

everyone help find this mans fucking keys i need to KNOW WHATS GANNA HAPPEN

>> No.10608849
File: 83 KB, 471x490, jonesy-the-rabbi.jpg [View same] [iqdb] [saucenao] [google]
10608849

I need to know if you ever find these keys I'm on the edge of my fucking seat. CHECK THE FRIDGE CHECK THE COUCH CUSHIONS

>> No.10608863

ITS PROBABLY SOMEWHERE IN HER OFFICE

>> No.10608883
File: 5 KB, 200x200, 1811.png [View same] [iqdb] [saucenao] [google]
10608883

Thoughts on NIMIQ?

>> No.10608902

Opinion on Waltonchain and the future of supply chains in general?

>> No.10608925

XRP has been hemmorhaging more than other alts over last couple days. Normally I ignore thiscas I’m mid-long term but it was down 20% today at one point. Thoughts?

>> No.10608971

>>10608643
>>10608330 >>10608361 >>10608420
Give the people what they want! What is your opinion on Chainlink?

>> No.10608979

How probable is the link 300k theory that's floating around? I don't have the image here but someone probably does.


Also, what's the timeframe for maximum LINK gains?

>> No.10608983

Guys please research this

>What's lacking in Ethereum?

>Where are HNWI scurrying for and have LITERALLY tested when shit was going down?

>Look for something thats been gaining/buoyant no matter the drop in BTC/ETH
>hint No it's not ai- cockchain vaporware
>China showed us something
>It's not who you think it is. But..

what is it goys?? What did China show us??

>> No.10608997
File: 73 KB, 958x515, Melamed.jpg [View same] [iqdb] [saucenao] [google]
10608997

>>10608643
it's been over since pic related. This is a permanent mark and it's never going back to how it was.

>> No.10609015

How do I put a chink filter on coinmarketcap?

>> No.10609064

Oh my god, you fucking fucking faggot.

Just tell us something direct and actionable that we can do right now, not this smug faggot socratic-method riddle shit. Jesus Christ.

>> No.10609105
File: 27 KB, 640x640, DagiTj7W0AE6aLf.jpg [View same] [iqdb] [saucenao] [google]
10609105

Interesting topic OP
Are you aware of this chink project? Any opinions?

>> No.10609147

>>10608997
:)

>>10608705
Scalability. When they work on it, they trade of decentralization and security unless this can be managed real time on some kind of multi layer chain (ring any bells?).

Gas prices are another big problem as they're costly for high frequency transactions unless you've got your own sidechain. But even so theres a wealth of problems. Gas is good for a platform needing high security, not for chink airdrops.

I notice 2 major hypes in the dev community, and scalability is one of them.

>Tether
kek

Nowhere close

>MKR VEN KMD, hmm.. no.

What has proven WORTHY in multiple cases is something that has UTILITY irrespective of the market conditions. Sure it can stump a little. But this exists now and the next wave is not long from now.

> This token is like a cup of coffee

No matter how fucked you are, your wife loses her fucking keys, your dog shits on the toilet sink, you wash cars for a good 6 months because dole office is packed and your degree means piss unless you have something to show. unless you don't fancy coffee, you're most likely going to still have one from time to time.

> It's not water

But it has its utility. It's cheap, its easy to prep, it keeps you up, it keeps you productive, it keeps you moving. Aside from the jitters. It has UTILITY.

Forgive me for this analogy, I'm in the passengers with my laptop with hotspot while we head to her sisters place to pick up a spare.

Anyways. If you implement some kind of incentive to help you no matter what you do on the platform because there's a recurring tradeoff. You simulate demand for it.

You don't NEED coffee, but you know it helps and it's psychologically comforting.

>>10609064
Anyways pic related.

Any more takers?

>> No.10609162
File: 77 KB, 610x1292, a.png [View same] [iqdb] [saucenao] [google]
10609162

>>10609147
pic*

>> No.10609184

>>10609147
Proof of Stake?
HNWI accumulating ETH for PoS?

>> No.10609191

Thoughts on amb and bat?

>> No.10609225

>>10609147
The only thing I can think of is this

https://www.moac.io/

Which I know nothing about. But the chart doesnt match.

>> No.10609268

>>10609162
BNB

>> No.10609277

das BNB chart mr larpie

>> No.10609294

>>10609268
oh...

skepticism now

also the utility that BNB tokens receive (discounted fees) are diminishing aren't they?

>> No.10609302
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10609302

>>10609162
Okay I know what it is now. What should I do with it? buy some?? what are you saying about it? That its a good long term hodl? or more of a short term hodl?

To me its good temporarily but when DEXs become more widespread theres no use for it...

>> No.10609370

>>10608022
Did well out of Neo last year but kept buying and recent crashes have killed my gains. Will it ever rebound?

>> No.10609428

>>10609268
>>10609277
>>10609294
I can't get the BNB chart to match properly though?

>> No.10609443

SAGE ALL LARP THREADS
FUCK OFF OP

>> No.10609454
File: 48 KB, 716x652, ohlolmrLarpie.jpg [View same] [iqdb] [saucenao] [google]
10609454

>>10609428
nvm.
is BNB

>> No.10609457

OP, I dont get it. What does BNB have to do with your comments about ETH?

>> No.10609466

>>10609147
All this horseshit just for BNB?!

>> No.10609496
File: 163 KB, 546x858, IMG_20180809_2134.png [View same] [iqdb] [saucenao] [google]
10609496

>>10609268
>>10609277
>>10609294
>>10609302
Oui. On DEX liquidity is too low, smart contract execution latency is too high + spreads make it unfavorable for investors with bank

>>10609191
AMB is a good pick and legit project, especially because the price is unfairly low currently. However, be careful, it might decrease in value in upcoming weeks. So just watch out for this

BAT fails to show me true utility. It's got the concept, but the incentive to use it? ...

About ChainLink. Smart contracts and oracle solutions are unironically the future. LINK is a good gamble, all or nothing. Also I have reason to believe they are involved with market makers, hence the weird price action in previous weeks, which is a good thing.

>Before I continue on where i'm heading with this, remember I'm not spoon feeding you bastards because meaningful connections don't work that way.

UPDATE: Keys are SAFU

>> No.10609522
File: 66 KB, 500x533, mmmm-grayons-31350775.png [View same] [iqdb] [saucenao] [google]
10609522

OP why should I buy BNB when kyber exists? plus kucoin... zrx, kmd atomic swaps

>> No.10609528

>>10609370
Eh, I feel that NEO will be outdated soon. Like all 2nd gen platforms, except maybe Ether. Some people in the field disagree with me though. If you want to catch the next platform coin train, try 3rd gen, Zilliqa or IOST

But this needs more development and don't expect something fruitful till possibly mid 2019 if you're looking to swing

>> No.10609532

>>10608925
PLEASE

>> No.10609552
File: 7 KB, 400x400, fx7uoJNS_400x400.jpg [View same] [iqdb] [saucenao] [google]
10609552

Another question

what do you think of normie-oriented coins such as Elixir and Steem?

I personally think these coins will increase adoption through their normie-friendly social media -type interfaces. Agree/disagree?

>> No.10609565
File: 1.55 MB, 1920x1080, 1533171981786.png [View same] [iqdb] [saucenao] [google]
10609565

>>10609496
>meaningful connections don't work that way
larps work this way though

>> No.10609576

is this even anything to do with the tokenization of traditional assets mr larpie? that's surely bnb's ace

>> No.10609593

>>10609528
Interesting ta.
Thoughts on WTC? Another of my bags, got in at under a dollar, should have sold at 40. Take it you’re from England?

>> No.10609620

how long should I hodl BNB?

>> No.10609623

>>10609191
to elaborate on AMB. I said that it is a nice coin and legit project, which is true, but I would like to stress that it may not be a good investment. Just watch out for it, if they manage to have real partnerships/nice node ROI, then buy. If not, just watch the drama

Now hold on to your jimmies i've got something coming. So no new ideas on BNB?

>> No.10609634

>>10609623
What about XML

>> No.10609641

>>10609623
Do you know anything about the ETF and whether it'll be approved?

>> No.10609661

>>10609496

It hasn't to be Ardor. Ardor is scalable with its side chain solution

>> No.10609665

>>10609162
Binance coin. But even then, during the most recent dump it hasn't budged and looks like its about to dump too

>> No.10609667

>>10609623
>Now hold on to your jimmies i've got something coming. So no new ideas on BNB?

I still dont get what youre trying to say about BNB. Are you saying BNB is good when the market drops? Or a good hold in general?

I know theyre working on a DEX. pls tell us

>> No.10609685
File: 54 KB, 1080x1080, skycoin hardware wallet exploded.jpg [View same] [iqdb] [saucenao] [google]
10609685

>>10609623
Sigh. Ok I've had enough of this.
Pic related is making their dex. Do what you want with that info. Thread over, go home.

>> No.10609701

>>10609593
You got me

Vechain > WTC in my opinion and in opinion of my circle. Both have shady business practices though

>> No.10609712

>>10608022
Pundi X (NPXS)
Lamden (TAU)
Ontology (ONT)
Shipchain (SHIP)
ICO -> Sparkster (SPRK)

>> No.10609713

>>10609623
BNB/HOT stuff?

>> No.10609727

>>10608643
What do you look for when you're doing research? I am an economics major too, I'm thinking about doing my masters at the university of Nicosia where Andreas Antonopoulos teaches. Any advice?

>> No.10609741

CME contract ends on 28th September. SEC postpones ETF approval to 30th of September. See something fishy?

I’ll tell you that, BTC is controlled by market makers completely. They squeeze shorts, they fuck over longs. Sooner or later they will need new money to suck on, which is exactly what ETF will solve. So yeah, it will be approved. My bet is that it will be delayed once more, so not sept

Lmao I can't even fully construct where i'm heading with BNB with my OCD. Reaching home now

>> No.10609745

Thoughts about ZRX?

>> No.10609761

>>10609741
What about BAKKT in November?

Pls spill the beans on BNB im dying here

>> No.10609772

>>10609701
But it’s got a future or not? Cheers mate, one final one. Holo?
Was dole that gave it away.

>> No.10609776

>>10609741
yeah man we are awaiting the BNB shit.
Never researched it, just honestly thought it was complete BS, now it seems to be moving.

>> No.10609781

Binance token is a good hold, but with the advent of plasma chains and dPOS sidechains we’re going to see DEXs that can run almost as fast as regular centralized exchanges. I don’t think anyone can dethrone Binance but there’s better value in scaling protocols (more potential for 10x). Take a look at LOOM for example - they are literally first to market with a sidechain that will power the next dapp revolution. And fuck EOS, that shit isn’t going anywhere. dPOS will only ever work for layer 2+.

>> No.10609787

>>10609741
So when the ETF is approved, can we expect a gigantic fucking bullrun like last time when futures got approved?

Would it be appropriate to sell at that time?

>> No.10609794

>>10609701
>>10609701
But it’s got a future or not? Cheers mate, one final one. Holo?
Was dole that gave it away.

>> No.10609799

>>10609741
you are hinting that bnb will act as btc for altcoin pairs, now kys novice

>> No.10609839

>>10609701
VET shady shit aside seem to have their hooks in to DNV GL and a few others. your circle not interest at all?

>> No.10609844

>>10609701
VeChain is a scam. 100% guarantee you. Will never come to be anything remotely useful.

>> No.10609886

>>10609727
Man, idk. He seems like a good professor, but I don’t know if education from that uni would be valued highly

> soon I have to help out my wife to put the kids to bed soon. Tomorrow I'm up early for work. i'll be continuing this thread sometime this weekend around the same time.

>> No.10609909

>>10609886
YOURE A GOOD DAD AND THE KEYS ARR SAFE THIS THREAD IS AMAZING

>> No.10609916

>>10609886
Embers (MBRS)

what do you think about embers?

>> No.10609921

>>10609886
Thanks based insider

any last comments about BNB before you go?

>> No.10609935

>>10609741
Big thanks for the answer on Chainlink! As others have already asked, what will the future of Bitcoin be after the Bakkt and the ETF? Total control by the old elite?

>> No.10609941

>Ernst and Young
What's your opinion on Request Network?

>> No.10610069

>>10608849
>Jewdogs
Are you from 8/pol/¿

>> No.10610079

TOMO

>> No.10610106
File: 73 KB, 509x432, 3-Crypto-Friendly.-678x381.jpg [View same] [iqdb] [saucenao] [google]
10610106

Right now this chink coin showed us the possibility of a utility token with discounted fees. China has a ton of wealthy people and Binance obviously has been under fire and setting up shop around the place.

Countries like Switz on the other hand have a tremendous amount of offshore accounts housing generations worth of wealth. Crypto Regulation is picking up bit by bit in EUROPE. Look at France, Germany. But the thing is these nations have significantly lower Crypto transactions compared to Japan, Korea, China. With such low transactions
, and so much money present; is it not obvious its a blue ocean?

What exchange in europe is successful right now? FIAT accepting?

European investors (and i'm talking institutional/hnwi/cryptomademen/NEETs/joes) are looking to join in. but exchanges are far too shifty and security is the biggest issue. We don't like the word centralization but we need it on platforms to execute FAST orders, DEX's are great but the liquidity doesn't MEET the demand of Big Money

Exchanges for Crypto aren't going to leave us. Even if 80% of altcoins on cmc go to shit, because vaporware will steam up. But we're entering the 3rd gen of Crypto. Scalable, Decentralized, Interoperable, and Secure platforms.

I swear to God you wont even comprehend the kind of shit the startups i've met to accelerate have in mind. (Hence look out for coins that are trying to crack DAGs/DHT's/Oracles etc). But these fuckers need fundraising too don't they?

> Don't Exhanges offer that too? Yes
> But does one exist in Europe that proves itself like Binance and TRON? No
> Is there an exchange close with regulators aboard to guide them? No
> Is there an exchange that exists in the euromarket for over 5 years? Yes

We're going somewhere aren't we? Big Money, Security.. But hesitance.

>> No.10610160
File: 13 KB, 426x364, 1386920459353.png [View same] [iqdb] [saucenao] [google]
10610160

There's an upcoming project my colleagues pushed to check out, at first glance you may not think so.

Tbh after doing a thorough week long market research on multiple EU countries (yet to cover the span of this projects operation) my research tells me this is tangible and clearly going to do very well.

Now I must get rest, thank you for tuning in. I've been rather stuffed today at work from lacking sleep, I need to catch up. Be wary /biz/tards. Think about europe whic has lower transactions than asia, and think about the money they have in their reserves. I'll see you over the weekend and I'll see what you come up with.

-BarrenWuffet

>> No.10610168

>>10609886
dude learn to fucking green text

>> No.10610192

>>10610160
This is it, isnt it guys?

https://www.quantumproject.org/s/qaudtr_conversion.pdf

>> No.10610226

LIterally all this guy is doing is what Q does for american politics.

>> No.10610227

>>10608022
How low will ETH go and can it recover?

>> No.10610238

>>10610106
What do you think of BCH?

What about Blockport focused on EU exclusively?

>> No.10610355

>>10610160
wow another fucking chainlink shill larping about his "plugs"

>> No.10610815

BNB? what a fucking moron
as someone who trades a lot, i looked at the trading plan and it's complete shit.
every year the BNB gets more and more worthless as a discount
i qualify for a lvl 2 maker discount but it's so small it's not even worth thinking about changing my trading style to take advantage of it

next year when binance ups their fees again there will be about 10 DEXs waiting to take my money for the same fees. If anyone cuts below binance i'm going to switch right away

>> No.10610904

>>10608883
Yes, will this be 10 cents or $1 EOY?

>> No.10611037
File: 106 KB, 750x924, 1532098344246.jpg [View same] [iqdb] [saucenao] [google]
10611037

I was wondering what SwissBro/Assblaster/KimchiWhale would shill next and color me surprised here you are, have fun tricking anons again into buying your bags with this new hot identity