/biz/ - Business & Finance

[Anonymous No.21704255]

Crypto has nothing to do with Business or Finance and should fuck off to its own containment board, change my mind.

[Anonymous No.21704285]

the internet has nothing to do with business or finance, change my mind.

[Anonymous No.21704288]

Thats true but this board died after a lot of people got rich with ETH. I remember old threads with iHaz posting his $8mil vanguard account

[Anonymous No.21704310]

Bump

[Anonymous No.21704342]

>>21704288
>a lot of people got rich with ETH
source required

[Anonymous No.21704364]

*revolutionizes the very concept of business and finance itself*
Problem?

[Anonymous No.21704365]

>>21704255
add frogposters to the list.
Frogposters and cryptoposters should leave and let this board be like back in the old days.

[Anonymous No.21704661]

>>21704255
I just want to talk about specific stocks without it being either relegated to the general where in depth discusionsns don't really make a lot of sense, or killed by the 100 scams being posted here daily

[Anonymous No.21704717]

>>21704661
Exactly. These fucktards don't even know what they're doing they just draw lines and then jerk off when it goes up and kill themselves or fuck off when it goes down.

[Anonymous No.21704738]

>>21704255
we are here forever and there is nothing you can do about it faggot

[Anonymous No.21704806]

>>21704717
Based.

[Anonymous No.21704836]

>>21704738
Quest threads got removed from /tg/ and they were actually a part of /tg/ culture from the very beginning. You probably won't get your own containment board, but the precedent is there

[Anonymous No.21704856]

>>21704738
Sure thing bud.

[Anonymous No.21704916]

>>21704856
jeez what did you lose your money on in robinhood?

[Anonymous No.21704945]

>>21704255
Boomer mindset. Blockchain is literally the future of finance and we're the early adopters.

[Anonymous No.21704958]

>>21704916
It's not me.

[Anonymous No.21704979]

/biz/ was literally created to get crypto discussion off /g/
what we need is a turbo normalfag purge. discussion the boomer ponzi, whether stonks or real estate, should be a bannable offense. if it were a blue board you'd probably cry about /r9k/ not being about robotics

[Anonymous No.21705016]

>>21704945
Cool, who do I see to get a bitcoin mortgage? Is there a bitcoin bank I can go to?

[Anonymous No.21705031]

>>21704945
>Blockchain is literally the future of finance
You people really forgot what happened last time people were saying this shit. It's been over a decade and no one takes memecoins. If you want to speculate fine, but don't pretend this technology adds anything to the world of fiance. Anything your memecoin does has nothing to do with the coin and everything to do with the company that created that coin.

[Anonymous No.21705039]

>>21704979
>buying data bits
>calling physical limited property a ponzi

[Anonymous No.21705360]

>>21705016
No banks, non costodial smart contracts. You can get a loan on DeFi platforms such as Compound, Aave, Oasis and others. It does require you to provide collateral though.
>>21705031
>memecoins
Cryptocurrency is literally only a small aspect of blockchain technology

[Anonymous No.21705422]

>>21705360
>blockchain technology
You mean distributed networks? Or are you just talking about the data structure?
>Cryptocurrency is literally only a small aspect
Then why are you buying memecoins instead of buying these companies stocks?

[Anonymous No.21705427]

>>21705031
> Anything your fiat money does has nothing to do with the coin and everything to do with the country that issued that coin.
> Anything your stock does has nothing to do with the stock and everything to do with the company that created that stock :))).

[Anonymous No.21705428]

>>21704255
>> the future of business and finance has nothing to do with business and finance.

this is how retarded your statement is.

[Anonymous No.21705447]

go back to your containment thread faggot, we're going nowhere

[Anonymous No.21705507]

>>21705427
>Backed by guns.
>Backed by the company's assets.
Memecoins backed by nothing. You ever looked at the tech stocks during the turn of the millennium? You're gonna see that pattern again.

[Anonymous No.21705814]

>>21705422
I've never seen 1,000%+ ROI in any stock yet it keeps happening with various coins.

[Anonymous No.21705859]

>>21705507
The technology and coin infrastructure is backed by the coins technology and infrastructure, when you buy someone's coin, youre giving them your trust. No different than exchanging bits of value for other bits of value.

[Anonymous No.21705880]

>>21704255
It's the future of business and finance you fucking decrepit boomer.

[Anonymous No.21705924]

>>21705814
GNUS, companies that survive bankruptcies, Moderna IIRC. They happen all the time.

[Anonymous No.21706028]

>>21705814
Maybe that's because most stocks are based in reality and not speculation. Not that you can't make shit tons of money if you buy companies that are undervalued or companies that are startups, like zip pay which is up over 1000% since I bought it and a new mining company which is up over 100% since I bought it (although it would have been 300% if I bought the dip after corona). Again, unlike shitcoins, companies are actually based in reality and have physical assets which guarantee some value and aren't just a gamble based on what you think other people are going to do. That's how Warren Buffet makes all his money, buying 20/40/80% of companies he thinks are undervalued.

[Anonymous No.21706104]

>>21704342
You can believe what you want but the board felt like the way it does with LINK now. So many shills that said it was a Russian scam coin when ethereum was at $8, $11, $20 and at $40. Even now lmao. This is why i did my own research on chainlink because I dont trust any of you shills. Don't even trust me and do your own research

[Anonymous No.21706149]

>>21705859
>the technology is backed by the technology
Jesus you're retarded. What technology? You think the shit they're doing is cutting edge? What, Smart contracts? You think that's complicated? You don't think companies dont already have shit like that? You think they need some random middle man selling his magic beans? Let me guess, partnerships? A lot of those last time, and they went nowhere.

[Anonymous No.21706156]

>>21706028
Too bad I made more percentage of returns than buffet since 2016. Keep crying you centralized corporations bootlicker. Ill be with my frens on /biz/ funding a decentralized world.

[Anonymous No.21706283]

>>21706156
>I made more than buffet
If you double a fucking dollar you made 100%. If you turn 10 Billion into 11 Billion you've only in increased it by 10%, but anyone who know what they are talking about knows the later is hard.

>centralized corporations
Which is why you buy a coin controlled by a company to use that companies network that anyone could make. Fuck you people are deluded. You're not getting decentralized would retard. The fucking technology is about as world changing as the self driving cars Google has been shilling for over a decade. Anyone older than 20 understands that technology is always overhyped. Enjoy the crash you absolute retard

[Anonymous No.21706311]

>>21706028
Buffet makes a lot of his money by buying majority and then cleaning house and changing shit up. I like the speculation of crypto, and learning about the cutting edge technology behind it. It's a lot of fun. Makes traditional business look boring in comparison, and stocks are a ponzi too.

[Anonymous No.21706419]

>>21706283
>Anyone older than 20 understands that technology is always overhyped

You're a fucking retard. The most profitable companies in the world are all based on technology built in the last decade. The AI industry is going to end up being even more profitable and probably create the greatest wealth inequality the world has seen. Fuck you're short sighted.

[Anonymous No.21706493]

>>21706283
Thanks for more fud these are the kind of answers that gave me the bullish sign to buy more eth at 20. Will pick up some more chain link this weekend thanks fren! Keep hating and have fun being on a payroll of the elites

[Anonymous No.21706591]

>>21706419
>The most profitable companies in the world are all based on technology built in the last decade
Holy shit you really are a fucking kid aren't you? You think Facebook is bleeding edge tech? It's a fucking website that lets you sign up. Amazon? Made over two decades ago and the only difference is the layout. Microsoft? Operating systems aren't new. Apple? Cellphones aren't new either.

>muh AI
Okay Kurzweil. The singularity is any second now right buddy?

[Anonymous No.21706598]

>>21706419
Yeah, companies, not shitcoins.

[Anonymous No.21706658]

>>21704255
>Crypto has nothing to do with Business or Finance and should fuck off to its own containment board, change my mind.

/biz/ literally is the crypto containment board. fuck off back to rėddit, newfag.

[Anonymous No.21706718]

>>21706493
Enjoy your netbeanz when you get too greedy and don't jump out of the ponzi in time

[Anonymous No.21706757]

>>21706591
One, two decades, so what? That is all generally new technology that has drastically changed the world we live in and created an enormous amount of wealth. 2-3 decades is NOT a long time ago, and that shit is important in how we run our world. People downplayed the internet in the early days too. Like I said you're short sighted as fuck, which is fine nobody needs you. And yes by 2030 AI is already projected to be a trillion $ industry. ""Singularity"" has nothing to do with it, we are not far off from AI having genuine business applications all over. In fact many businesses use it already. Neural networks are cutting edge.

[Anonymous No.21706779]

>>21706149
>random middle man
you don't actually understand *distributed* ledger technology nor do you realize the significance of network effects, do you?

[Anonymous No.21706792]

>>21704255
Become a janny and do it faggot

[Anonymous No.21706902]

>>21706792
How much do they get paid?

[Anonymous No.21707068]

>>21706757
>And yes by 2030 AI is already projected to be a trillion $ industry.
And people projected we would have a lot of stuff by now that we don't. I'll make a projection right now, you're a massive underaged faggot who has never taken the time to look at how things have happened in the past. I might be right, I might be wrong, but so is any other analyst.

>>21706779
Businesses don't want distributed ledgers, they want secure ledgers, that they have total access to. Why do you think every company tries to do this stuff in house as much as possible? There's a reason why all these partnerships were abandoned last time. There's a reason why banks use ripple.

[Anonymous No.21707210]

>>21706902
They do it for free

[Anonymous No.21707281]

>>21706104
'Do your own research' why do people say this when it doesn't help at all? Doing my own research would have led me to believe that Chainlink isn't sybil resistant and has no way of actually securing solid revenue to justify a billion dollar valuation. Doing research would only lead one to conclude that ethereum cannot possibly scale. Yet people who bought both because they saw a meme and some schizo posting stuff about saturn made a 100x. Literally never DYOR, just buy whatever everyone else is buying and sell when everyone is euphoric.

[Anonymous No.21707314]

this. when 95% of posts are crypto it scared off any new and existing non-cryptofags and brought in dumb zoomers and redditfags gambling away their life savings on pajeet cryptos that were made in a discord 3 hours ago and then shilled on this board making like hundreds of posts per hour about them. crypto is <5% of all of business and finance yet it compromises 95% of posts on this board.

/biz/ now even is the 1st/2nd most popular board by new threads/hour. and it's no wonder why no one wants to talk business and finance when those threads 404 in 30-60 minutes.

we need a separate crypto board. ylilauta(swedish 4chan) and 2ch.hk(russian 4chan) both have separate business/finance and crypto boards, they recognized the need to separate the topics cause of how different the topics are, and, much more importantly, how differently the people are that browse both of these topics. in the current state, this board only caters to cryptofags.

[Anonymous No.21707328]

>>21707068
>And people projected we would have a lot of stuff by now that we don't.

Such as? AI is being worked on right now, and there have been breakthroughs in the last several years. China literally has a roadmap right now how they plan to be the dominant force in that world wide. Plenty of businesses are already integrating into their shit. Hell youtube, Amazon, and Facebook already use algorithms to predict your behavior and it makes them money. Shits only getting more sophisticated and capable of more. I'm 24 and clearly have a much better idea if what I'm talking about than you, you're just spouting off bullshit. Your grasp on all these topics is extremely shallow. The fact that you think facebook is just a "site you sign up on" and amazon is the same as it ever was "but with a different layout" is kind of hilarious, if anyone is underaged here it's you. If not physically then mentally.

[Anonymous No.21707364]

>>21706419
Not to mention top corporations(Microsoft, Facebook, Google) and bankers( SWIFT, JP morgan) inversting into their own private blockchains. Yet these shills act like blockchain isn't revolutionary tech.

[Anonymous No.21707374]

>>21704255
this is the crypto containment board newfag

[Anonymous No.21707397]

>>21704255
This board would be entirely dead if it wasn't for crypto. Maybe you should fuck off faggot.

[Anonymous No.21707414]

>>21706718
I wonder why people get so upset with others making money its like they want us to be poor..hmmm

[Anonymous No.21707525]

>>21707364
They're not even shills they're just clueless retards, you give them too much credit when you call them shills.

[Anonymous No.21707567]

>>21707525
Cryptolets when will they learn

[Anonymous No.21707572]

>>21707328
Smart cars, 3d printers, augmented reality, AI about 50 years ago, pretty much anything on "I fucking love science" from four+ years ago, Cryptocurrency last time. Nanotechnology.

Those smart algorithms aren't really that complicated. Even made a few myself. Ai is a meme field unable to make progress that isn't due to the increase in RAM. Its super stagnant and kinda looked down upon in grad schools as a memefield. It always looks more impressive on Reddit though I bet.

[Anonymous No.21707575]

>>21707210
Free? As in $0?

[Anonymous No.21707738]

>>21707572
Oh and those smart predictions are more of a big data thing anyway

[Anonymous No.21707804]

>>21704255
/biz/ was the crypto containment board because we kept shitting up /g/ and other boards, you newfag

[Anonymous No.21707953]

>>21707572
All of those are still relevant but not going to be nearly as big as AI. How complicated it is or not doesn't really matter, it's the breakthroughs that matter. Anybody can replicate the lightbulb or tell you about gravity but back before they were invented/known it took a near genius to crack the code. Implementing neural networks is definitely learnable, that doesn't make it any less profitable to a business. The algorithms on youtube that suggest you videos based on your search patterns, or amazon shopping suggestions have led to a ton of money being made/videos being watched. Yeah bro machine learning is a meme field, whatever you say.
>>21707738
Big data and AI are tightly interwoven.. The AI being built with neural networks is largely built upon data. Which is why a place like china which easily collects the most data in the world are in a nice position for it. When talking about AI it isn't just super powered robots who are human like. That would be general AI, narrow ai is what's being worked on primarily and possible and that's enough to become a huge industry.

[Anonymous No.21707973]

>>21706028
WHAT FUCKING REALITY? THE SHIT HAS BEEN DECOUPLED FOR THE LAST 6 MONTHS

[Anonymous No.21708150]

>>21707973
The reality where increasing numbers of niggers like buying stuff online without having the money for it, causing afterpay and similar companies to skyrocket. And the same reality where trade tensions between USA and CHYNA are causing the US defense force and other to contract other countries companies for rare earth metals.

[Anonymous No.21708224]

>>21705031
Exactly because how a stock is valued is usually pretty obvious. There is a huge difference between an ipo and ico as you never get a chance to get in on low market caps because there is no speculation that can drive a price discovery. Lower reward, but not all that much lower risk when buying an ipo.

[Anonymous No.21708329]

>>21704661
What stops you from posting a thread about those?

[Anonymous No.21708419]

>>21706028
>Maybe that's because most stocks are based in reality and not speculation. Not that you can't make shit tons of money if you buy companies that are undervalued or companies that are startups, like zip pay which is up over 1000% since I bought it and a new mining company which is up over 100% since I bought it (although it would have been 300% if I bought the dip after corona). Again, unlike shitcoins, companies are actually based in reality and have physical assets which guarantee some value and aren't just a gamble based on what you think other people are going to do. That's how Warren Buffet makes all his money, buying 20/40/80% of companies he thinks are undervalued.

[Anonymous No.21708447]

>>21704255
This. Seems like they're making new vidya boards every day, but we still can't get a fucking >>>/crypto/

[Anonymous No.21708515]

>>21704365
>frogposters
go back to plebbit you utter faggot

[Anonymous No.21708564]

>>21707314
Ok, start one Website like that then? What's your problem?

[Anonymous No.21708688]

>>21704255
fuck off Luddite, crypto is the future of banking and finance

[Anonymous No.21708717]

>>21704255
WELCOME TO THE CRYPTO CONTAINMENT BOARD NEWFAG

[Anonymous No.21708807]

>>21707314
The boards just going through a high traffick phase. Once markets calm down so will the board, same shit as last bullrun. But shits getting pretty hot and it will continue for a bit longer. The board will be back to 2018-2019 levels soon enough.