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/biz/ - Business & Finance

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Anonymous Wed Dec 9 19:53:42 2020 No.24689674 [Reply] [Original]

I have 20k in crypto and I don't even know what a blockchain is

>>	Anonymous Wed Dec 9 19:54:13 2020 No.24689682 >>24689674 no one does. its fine anon

>>	Anonymous Wed Dec 9 19:54:36 2020 No.24689690 File: 421 KB, 736x673, 4chan-closure-pepe-frog.png.png [View same] [iqdb] [saucenao] [google] I have 200 LINK and I couldn't couldn't explain what a "smart contract" or a "decentralized oracle" is to anyone

>>	Anonymous Wed Dec 9 19:55:07 2020 No.24689701 >>24689674 How does 1,000,000 usd sounds?

>>	Anonymous Wed Dec 9 19:55:16 2020 No.24689706 >>24689682 green OO ID confirmed

>>	Anonymous Wed Dec 9 20:01:14 2020 No.24689822 i'm an idiot and i know what a blockchain is, and a smart contract, and an oracle. wth anon.

>>	Anonymous Wed Dec 9 20:02:25 2020 No.24689838 >>24689674 It's a giant excel spreadsheet

>>	Anonymous Wed Dec 9 20:02:36 2020 No.24689843 >>24689822 Explain those 3.

>>	Anonymous Wed Dec 9 20:03:37 2020 No.24689866 >>24689674 >>24689682 >>24689690 Then what are you basing your decisions on?

>>	Anonymous Wed Dec 9 20:05:01 2020 No.24689896 >>24689682 >>24689674 Its a database or something. >>24689838

Anonymous Wed Dec 9 20:06:32 2020 No.24689943
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>>24689866
I buy BTC because it was first
XMR because privacy good and I once bought them under a dollar and it exploded so it will do it again
LINK because good memes that felt organic
ETH because lots of scams run on it
LTC because boomers will always pump it despite being a shitcoin

>>	Anonymous Wed Dec 9 20:22:15 2020 No.24690240 >>24689674 doesn't matter since the only novel and interesting part of crypto is PoW >MUH BLOCKCHAIN linked lists have existed since the 1960s, idiots

>>	Anonymous Wed Dec 9 20:25:04 2020 No.24690284 >>24689674 what altcoins, what are you bullish on?

Anonymous Wed Dec 9 20:30:49 2020 No.24690392
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>>24689674
Made 1k investment back in 2013 thanks to /biz/ bros and never touched it. Now worth over 6 figures. Feels good bros. We’re all gonna make it.

>>	Anonymous Wed Dec 9 20:32:45 2020 No.24690425 >>24690392 great job, screwed up doing the same in Oct but over the course of 6 hours though

>>	Anonymous Wed Dec 9 20:36:03 2020 No.24690500 >>24689674 Don't worry I only buy cryptos to avoid monopoly money

>>	Anonymous Wed Dec 9 20:38:06 2020 No.24690543 >>24690392 What did you invest in 2013?

>>	Anonymous Wed Dec 9 20:49:40 2020 No.24690779 File: 95 KB, 266x334, rise_cry.png [View same] [iqdb] [saucenao] [google] I have 200k from TSLA in my 401k and didn't even know until my parents explained I'd get mega-taxed if I tried to withdraw it.

>>	Anonymous Wed Dec 9 20:50:42 2020 No.24690796 >>24689674 Same, nice to see a fellow 2017 link investor

>>	Anonymous Wed Dec 9 20:50:49 2020 No.24690800 >>24690779 *didn't know how a 401k worked

>>	Anonymous Wed Dec 9 20:53:08 2020 No.24690837 >>24689943 Well I'm linking my bank account to coinbase now. Thinking about getting link, pnk, and/or eth. Not sure if I should buy immediately or wait for a dip. Wish me luck anons.

>>	Anonymous Wed Dec 9 20:54:32 2020 No.24690868 >>24689674 faggot

Anonymous Wed Dec 9 21:07:20 2020 No.24691090

>>24689843
>blockchain
a log of all transactions ever, so you know where all coins should be.
>smart contract
simply the facility to create an irreversible contract between two parties with no human middleman needed
>oracle
queefs trusted data to smart contracts

>>	Anonymous Wed Dec 9 21:20:43 2020 No.24691285 Get yourself some AVAX and turn these 20K to 2M, not kidding, dyor.

>>	Anonymous Wed Dec 9 21:38:05 2020 No.24691516 File: 14 KB, 492x475, 1601157773858.png [View same] [iqdb] [saucenao] [google] >>24689674 Keyed

>>	Anonymous Wed Dec 9 21:41:07 2020 No.24691554 File: 382 KB, 1079x1070, 1601471736488.jpg [View same] [iqdb] [saucenao] [google] >>24689674 very based i don't even know who woz is and bought his coin

>>	Anonymous Wed Dec 9 21:43:02 2020 No.24691574 i know what a block chain is... i have no idea what DeFi is about tho... staking, burning, yields, majoras mask, rebase, DAO. its basically chinese to me

>>	Anonymous Wed Dec 9 21:43:24 2020 No.24691581 >>24690240 Retard take

>>	Anonymous Wed Dec 9 21:43:49 2020 No.24691584 >>24689866 haha line go up :)

>>	Anonymous Wed Dec 9 21:44:37 2020 No.24691599 >>24689866 >Then what are you basing your decisions on? Repeating numbers on an anime cum neonazi image board >are you on fucking drugs?

>>	Anonymous Wed Dec 9 21:45:05 2020 No.24691606 >>24691574 This. I lost the path of researching this shit sometime when coinbase started adding everything after litecoin

>>	Anonymous Wed Dec 9 21:46:19 2020 No.24691623 >>24689674 based i've never even looked at a one page or a white page but i've made ~35K on crypto this year

>>	Anonymous Wed Dec 9 21:48:50 2020 No.24691674 File: 51 KB, 759x500, eToro-Alec-Baldwin-Cover-759x500.jpg [View same] [iqdb] [saucenao] [google] >A BLOCK CHAIN IS A DISTRIBUTED LEDGER

>>	Anonymous Wed Dec 9 22:09:41 2020 No.24691999 >>24689674 It's basically an append-only linked list with cryptographically secured pointers.

>>	Anonymous Wed Dec 9 22:11:17 2020 No.24692027 >>24689866 memes, dna of the soul

>>	Anonymous Wed Dec 9 22:22:08 2020 No.24692174 >>24689866 I do what /biz/ tells me

>>	Anonymous Wed Dec 9 22:23:24 2020 No.24692190 >>24689674 will make it

>>	Anonymous Wed Dec 9 22:25:28 2020 No.24692214 File: 73 KB, 632x676, anime board.jpg [View same] [iqdb] [saucenao] [google] >>24689866

>>	Anonymous Wed Dec 9 22:29:28 2020 No.24692266 Follow the money.. its simple as that. Microcap Defi projects have been aping a lot of that (apart from the bluechips ofcourse) OCEAN BNT ALBT API3 BASE QNT are some of the ones you might want to look into ...

>>	Anonymous Wed Dec 9 22:29:45 2020 No.24692273 >>24689674 I know what it is and I have no crypto

>>	Anonymous Wed Dec 9 22:31:20 2020 No.24692290 >>24692214 Hahahaha correcto

>>	Anonymous Wed Dec 9 22:34:05 2020 No.24692323 >>24692214 Based assblaster

>>	Anonymous Wed Dec 9 22:35:18 2020 No.24692341 >>24692323 technically animechan was the og shill

>>	Anonymous Wed Dec 9 22:51:00 2020 No.24692600 >>24691599 I believe in the collective autism

>>	Anonymous Wed Dec 9 22:53:18 2020 No.24692644 txids are hashes of a structured JSON object blocks are hashes of a string of txids blockchains use a consensus method to determine which blocks is to be treated by the network as legitimate

>>	Anonymous Thu Dec 10 00:07:03 2020 No.24693714 >>24689866 line go up i sell, line go down i buy

>>	Anonymous Thu Dec 10 00:33:37 2020 No.24694072 >>24689674 blockchain is a series of tubes

>>	Anonymous Thu Dec 10 01:01:18 2020 No.24694427 >>24689674 >20k hahaha. WOW! Aim for triple that in DMG alone and 10x that in DMM / USDT. then you're set.

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