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/biz/ - Business & Finance


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20160585 No.20160585 [Reply] [Original]

Economy and finances are hard, wtf going on right now,
Fake gold, fake money, Somehow you people are making internet money from imagine-land

Nothing makes sense anymore

>> No.20160631
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20160631

welcome to our timeline. you seem to be new. shall i walk you around?

>> No.20161642

>>20160585
Lot's of us are betting on FUND to replace it
Especially if ETH starts failing more

>> No.20161681

>>20160585
You are quickly running out of time to figure this shit out.

>> No.20161689

>>20160585
>imaginary money from imagine-land
If you believe this unironically just neck yourself now, your blatant inability to learn about the nature of bitcoin and the evolution of trustless contracts is abysmal. We are reaching a point where neither party can fuck over the other, meanwhile blockchain is consume massive swathes of the economy and representing it on-chain, or giving them their own chains. Industries that could never exist before are now able to exist. That the entire space is going to go vertical is the most obvious thing since the internet assuming you've watched a single speech by Sergey ever. If you were over 18 in 1997 and managed to not get rich of the internet you're a fucking retard and this is so many times larger that your feeble brain likely could never hope to comprehend. Just fucking bend the knee you retarded dipshit.

>> No.20161695

>>20161681
Any pointers to place me in the right direction? Im late to the party but want to learn

>> No.20161817

>>20160585
True retardation at its finest

>> No.20162283

>>20161695
1. Most of the people on here are scammers or shilling scams.
2. Redditors are faggots so I'd rather converse with the scammers here, at least they understand something about crypto.
3. We are facing an economic collapse, that should be clear to anyone with an IQ over 80 at this point.
4. You should be protecting your wealth by diversifying your wealth.
5. Central banks have made it clear that they are moving towards releasing their own digital currencies. This will launch the digital asset space to mars.
6. You can get your moon ticket by buying digital assets with ties to large institutions, banks, and governments like XRP, LINK, ETH, and UTNP.
7. You should also diversify 10-20% into microcaps that haven't increased in value yet to maximize your gains. I like 0xMR and ECIT.
8. You need to register and complete KYC on as many exchanges as possible so that when the herd comes, you don't get stuck moving your money.
9. Avoid taxes and complications by cashing out to gold when you are ready to sell.
10. Do not trust anyone with your seed words or passwords, do your own research, watch tutorials on youtube so you can learn how exchanges and wallets work.

If you want more help ask at Telegram group Monero0xMR

>> No.20162460

>>20162283
Why would bank-issued digital currencies boost decentralized cryptos rather than absorbing market share and eventually providing justification for the government to make them illegal?

>> No.20162689

>>20162283
Thanks anon. Anyway i can access the telegram group? Looks like a private one

>> No.20163355

>>20162689
It's open, remove the spaces here:

t. m e/ Mo ne ro0 xM R

>> No.20163390

>>20162460
CBDCs will be built on blockchain, which will legitimize the space.

I think you are looking at this the wrong way, think of Ethereum like the internet. There are private and public networks (the internet being a public network). Ethereum is a public blockchain network. Several regulated stablecoins are already on Ethereum so I don't see most governments trying to ban it.

>> No.20163466
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20163466

Reminder that Sergey Nazarov, Known Russian Scammer and Hamburglar, is the owner of the worlds most expensive cryptokitty sale because he thought it would be a funny joke to tell at cocktail parties when he was networking. Now you would think that Sergey would be slaying having sex with thousands of women due to the massive amount of money he has managed to steal from the entire world. Now let me walk you through this, Sergey Nazarov and Steve Ellis are the two founders and owners of chainlink which seeks to be the protocol that forms oracle standard. An Oracle is a way to get data on-chain, you can make your own oracle in a day if you are a blockchain dev and manually input data, but this is not secure so you need chainlink or some secure oracle of that nature in order to get this data. Now Sergey and Steve have managed to get away with owning 65% of this network.
65%.
Just think about that.
Imagine if Rockefeller was able to purchase 65% of all the oil that the world would ever have. Sergey has pulled the blinds over each and everyone one of us, but we will become insanely rich ourselves because of this, just simply off the tailwind, because Sergey has to make chainlink the Oracle Standard or else he doesn't get to each infinite big macs. He will have to settle for something worse, like a just a hamburger from the dollar menu, and that would not work for Sergey.

>> No.20163834

>>20160585
Pro-tip: The world may seem like chaos, but everything is completely under control. In fact, even more so than before.

>> No.20164153

>>20163834
How so?

>> No.20164634

>>20162283
>6. You can get your moon ticket by buying digital assets with ties to large institutions, banks, and governments like XRP, LINK, ETH, and UTNP.

there is no way legacy institutions are going to run on existing chains already owned by peasants
they will just make their own chains, what is crypto going to do satoshi is going to sue the BIS in the hague for copyright infringment

all of the day to day transactions will run on the bis chain which will be preowned by the current powerstructure
some crypto will have a life alongside it as a hedge against the same gov fuckery they do to regulary cash at the moment, but xrp isn't going to be that as that project is fucked in several ways
never trust a premined shitcoin token not needed owned entirely by the dev team, remind you of another project
sure you can get rich if you time the dump well, but if you are only a week late as was the case in xrp you are shit out of luck

>> No.20164854

>>20164634
am e ric an ex pre ss d o ttttttt co mmmmm / u s / fo reig n - ex chang e / art icl es/ cro s s - borde r - pay men ts - progre ss /

>> No.20165050

>>20164854
there is no reason at all to mess up a link like that other than be a jackass
also that article confirms my point it flat out says the xrp token isn't needed

the whole reason international payments are such a giant mess right now is because banks can get away with it, they fuck over their customer every way they can because the government limits real compitition so they can
don't expect any less scamming from a bis endorsed 'solution' to this problem it might be faster tho