/biz/ - Business & Finance

[Anonymous No.9035520]

All my research and the past 3 years of reading up and following development has led me to pic related conclusion. I believe this is what the general consensus of /biz/ is as well. The ? represents coins I haven't researched enough to form an opinion.

Caveat: Good in this case doesn't actually mean 'a good investment' it more means that the fundamentals of the product are MINIMALLY existent. I.e. there is SOME sort of USP/purpose at the core, and SOME product being made. Scam means the product is ENTIRELY vapourware or has no purpose (e.g. litecoin is just bitcoin at 4x block speed).

Inb4 the pre written FUD starts coming out: I have seen it all and they are all pointless for what we're discussing. E.g. EOS tokens entitle you to nothing pasta.

Inb4 >litecoin scam and bch is good: BCH has a 'USP' since it is bitcoin with bigger blocks. Whether or not bigger blocks themselves are good it is a unique value proposition, litecoin in my opinion is pointless because its jack of all trades master of none, every function litecoin has someone else does better.

[Anonymous No.9035561]

If it took you three years to come to such ridiculous conclusions you need gtfo this market

[Anonymous No.9035569]

>>9035520
Eos is a scam though. They fundamentally misunderstand what makes a blockchain valuable. Same kind of scam as nipple

>Neo
>muh chinese ethereum
Scam

Vechain definitely a scam

[Anonymous No.9035614]

>>9035561

>DIEJw

Amazing ID. Curious to know what makes you think this? I have made (only barely) 7 figures in crypto so I'm not a complete noob, and I have owned virtually every currency in the top 20 so it's not bias (bought Ripple back in 2016).

>>9035569

Doesn't matter, my metrics weren't 'is the product actually good' but more like 'will there be a product'. Things like Ripple/Stellar etc they don't, fundamentally, have products. They have services. Neo is a POORLY implemented DPoS, but it has a unique product. The NEO tokens generate gas, there are ICOs on the NEO network, and clearly some people find value in chinese ethereum.

[Anonymous No.9035630]

I definitely think somehow IOTA is a scam. I dont like Dom Schiener - he looks so scammy and fishy in his videos even his "lifestory" is: https://www.youtube.com/watch?v=EXjCqT-oK9M

But how could they pull off such an immense scam with fujitsu & co onboard?

why is stellar scam?

looking for srs discussion <3

[Anonymous No.9035757]

>Stellar scam
holy shit you did zero research

[Anonymous No.9035796]

>>9035630
I watched the video aswell. He never scammed people. He just sold his '' COD hacks'' to guys online, I dont see how this can be considered as a scam.

To IOTA
IOTA is a registerd Foundation under German Law. Thus its controlled and under supervision by local authorithies.
Exit Scamming or related wont happen

[Anonymous No.9035814]

[Anonymous No.9035818]

>>9035520
On the coins that I have done research I pretty much agree with you so I do trust your opinion.
I have been too lazy to research Stellar and would like a few comments from you on the coin. I do know it has strong ties to Ripple (same codebase, overlapping team, devs hold shitton of the supply,...), but then again IBM has been interested in Stellar and that seems to be a big plus. Can you tell me what led you to think it is a scam?

[Anonymous No.9035828]

>>9035796

Explain why internet of things necessitates tradeable 'tokens' using acyclic graphs. What is generating the value?

[Anonymous No.9035835]

>>9035814
>bitcoin
>good

[Anonymous No.9035866]

>>9035818

This is exactly why, stellar is a literal clone of ripple, so there is NOTHING stellar can do that ripple cannot implement. They are the same service targeting two different demographics. Meanwhile IBM/Fairx is just a bunch of smoke and mirrors, in the sense that the partnership is real but vastly less significant than people realise.

IBM has serious cashflow issues and is struggling to keep its head above water (look at their earnings report) so what is happening is IBM is using their 'brand capital' to try and increase the value of XLM, BUT in exchange they want to profit off XLM. There is no free lunch. The problem is the IBM brand has very little clout, so it's not going to be enough to change the fundamentals which is Ripple has a huge head start.

But Ripple is also a scam because both of these are services not products.

[Anonymous No.9035893]

HAHAHAHA anyone believing cardano is a scam and EOS is 'good' HHAHAHAHAHAH

just HAHAHAHAH

[Samson 4 president No.9035901]

Wow spot on, i agree 100% with both the fundamentals + investmentprofit part.

[Anonymous No.9035911]

>>9035866
Thanks, I'll keep your points in mind when doing my own digging.
Amazing that you went as far as even looking at the reports of IBM.

[Anonymous No.9036011]

>>9035893
you sure convinced me otherwise with your laughing

[Anonymous No.9036061]

>>9036011

i rustled your eos jimmies enough to make you post though.

the joke is that OP has definitely not done any sort of research that would conclude in such a delusional outcome after 3 years.

[Anonymous No.9036102]

>>9035520
>NEO good
>EOS good
>LTC scam

[Anonymous No.9036131]

>>9036061
still no arguments

[Anonymous No.9036160]

>>9035866
agree

anon, do u see any potential among lower caps? (sub 50m)

And the obvious q: Thoughts on LINK?

[Anonymous No.9036201]

>>9036102
NEO and EOS seem to be legitimate projects. To put in short, they try to emulate Ethereum, but in a slightly separate market sphere. They both provide a lot more TPS straight out of the box without needing extra scaling solutions, but at the price of deliberately sacrificing decentralization in the form of less nodes/miners. Now this is not bad, it's just a bit of a different market.

LTC is some amalgamation of BTC and BCH. Either BTC or BCH will win in the long run and at that point, LTC will be worse than the winner Bitcoin. If Segwit/LN/small blocks are good, then Bitcoin will win and LTC will just be unnecessary. If no-Segwit/big blocks are good, then BCH will win, LTC will again just be unnecessary and also can't ditch the Segwit. Both BCH and BTC have more dev interest than LTC and once one of them has a definite victory it will scoop up devs from the loser. LTC will always have less devs. = LTC is not a scam, but just... unnecessary

[Anonymous No.9036365]

>>9036131

cardano: ourboros + daedalus

EOS: erc20 token

HAHAHAHAHA

[Anonymous No.9036370]

>>9035520
Litecoin has Segwit and potential for Lightning Network, whereas BCash ABC has none of those features. Most retarded pic I've seen on /biz/ for a long time.

[Anonymous No.9036404]

>>9035520
looks ok, but bcash is a scam, and stellar is good

[Anonymous No.9036431]

XRP scam


Boi stay poor

[Anonymous No.9036442]

>>9035757
Stellar bois get broke

[Anonymous No.9036459]

To those that claim EOS is the ETH killer remember EOS was born on the ETH network.

[Anonymous No.9036470]

>>9036459

[Anonymous No.9036477]

>>9036442
5/7 fud, well played faggot

[Anonymous No.9036512]

>>9035520
REAL LIST

[Anonymous No.9036550]

>>9036512
agree other than:
>nano
>good

[Anonymous No.9036556]

>>9035520
You spent 3 years researching, and what you came up with is litecoin is a scam and bcash is good.
ok.

[Anonymous No.9036568]

>>9035520
>cardano
>scam
you're out of your mind if you think it's a scam

[Anonymous No.9036570]

>>9035520
bitcoin cash is a scam though. EOS is on the line.

Agreed with everything else but Tether should also say "Scam" and Ethereum Classic should just say "Useless." Vechain is also good and QTUM is meh.

[Anonymous No.9036579]

>>9035814
This is the absolute 100% correct answer and anyone who says otherwise deserves to lose everything.

[Anonymous No.9036592]

>>9036568
>he doesnt know about the cardano ""ico""

[Anonymous No.9036609]

>>9036365
>wost souls streamer+worst dota weapon
>not a scam
eos is a piece of shit though, i agree

[Anonymous No.9036630]

>>9035520
Daily reminder that the cryptoasset space is a speculative commodity market. If you're """investing""" in tokenized securities and/or in companies whose coins are useless (ie, XRP) and basically represent shares (without any of the rights or protections of share), you're an absolute fucking moron and deserve to get liq'd. You should only be investing in castle-in-the-sky coins -- not niche "muh supply chain" coins or "muh DEX" coins. Bitcoin is the ultimate castle in the sky -- unbank the bank. ETH is next -- cloud networking for all. Next castle in the sky likely has to do with DAOs in a bigger way than ETH (maybe EOS?). Then after that, it's governance / decentralized nations.

[Anonymous No.9036632]

>>9035520
So how is IOTA vaporware? I understand they still have the cordinator but they do have a legit usecase. Not a fan of the coin myself but I do wonder what made you conclude its a scam? After all its a non-profit?

[Anonymous No.9036633]

Does anyone knows what ada and dao actually do?

[Anonymous No.9036655]

>>9036633
ADA is another BaaS but with a different architecture and strategy, also a different coding language. (BaaS = Blockchain as a Service)

[Anonymous No.9036661]

>>9036550
proceed to provide an argument why not

[Anonymous No.9036681]

>>9036655
I get that, but what does it do really? Was anything ever done using ada?

[Anonymous No.9036701]

>>9036681
Oh.. like that.. ehm check out their monetary policy, I think they're aiming for banking underbanked, CEO gets off in his speeches on that.

[Anonymous No.9036735]

>>9036160

There are countless other threads discussing those and I'm not going to shill small cryptos. I just wanted a discussion on the top 15ish.

[Anonymous No.9036752]

>>9035911

Well it helps that I've been in finance for about 5 years and just about everyone in finance/tech industry knows IBM is in deep shit. Which is exactly why they're trying to appeal to desperate semi-normies, the kind of people who know a bit about tech and have heard of shit like watson, but aren't in the tech space at all. The prime demographic for Stellar.

[Anonymous No.9036785]

>>9035520
Vechain is a decade old with no working product. Not even a public test of its product. 100% scam.

[Anonymous No.9036791]

I choose my alts based on if the logo looks cool

[Anonymous No.9036803]

>>9036791

then go all in $DXT

>Only ~20 million market cap right now
>-50% below ico price

>all-stars team + Tim Draper& Marc Benioff both are active investors

>holding rewards program will be announced soon
>PR marketing starting in china, block72.io is handling that

>Edelman pr office hired for marketing

>Only trading in bad exchanges. but ico sold-out in 1 day and collected 40 millions

>team said upcoming exchange listings are coming soon
>whales are accumulating, check a chart to see accumulation peaks

>sell orders are really thin

>only 33.3% of tokens sold in tokensale so they'll manipulate price to moon (for example,
CTO has education of PhD Cognitive Science)

>totally under the radar, nobody knows about this token outside of 4chan biz
>only 4700 token holders

>already working MVP on apple store and google play >one of their advisors is from ShapeShift, if integration happens there it is pretty big deal for Datawallet. >another one of their advisors is CEO of Shopkick, one of the biggest ”shopping rewards” company of U.S. If partnership happens then it’s big deal for Datawallet.

https://www.youtube.com/watch?v=V-QdEoXtqXM

[Anonymous No.9036818]

>>9036803
>shills literally have this shit in ctrl+v
absolute state

[Anonymous No.9036829]

>>9036632

Because its dependent on the internet of things, which is one of the biggest memes in the investment world right now right up next to 3D printing. Remember how five years ago every normie and his mum were buying 3D printing stocks? At the end of the day household items will get 'smarter' but this idea of a trillion dollar network where your fridge will send money to your toaster is a pipe dream pushed by marketing execs at Microsoft et al. No serious investment portfolio is putting money into IoT or 3D printing. We call these 'hype sectors' they just do conferences and promotionals and talk about how big and revolutionary the space is going to be so the companies can stay relevant while they do REAL RnD and unroll something truly game changing that makes tons of money.

This has been the case for decades yet people constantly forget and every five years new buzzwords come out. Iota is basically the marriage of TWO speculative markets, cryptocurrencies and IoT, combined with relatively new concept that is untested (DAG). As a result you're making basically double the risk buying Iota. It's almost like buying stock in an electric car powered by weed oil.

[Anonymous No.9036973]

>>9036829
Thanks for the perspective, I don't necessarily agree but I can see you make a legit point. Nontheless, don't you think that with the anticipation of a fully automated future dominated by AI and Robotics is a perfect match with IOTA? A self driving car that then also pays toll or its parking lot automatically trough a ''smart payment'' sounds like IOTA's future honestly. Electric powering and paying for it automatically with the cars wallet using some MIOTA.. I can go on and on about these types of payments, thats why I think IOTA is so potent and IoT aswell.

But then again, I also read that Warren Buffet said you're often better of shorting the market/product/service being replaced by an upcoming tech instead of investing in the tech itself as that is often more lucrative.

Also this is crypto, it is speculative but IOTA will moon and give returns regardless. Thats why its more tricky than picking a stock.

[Anonymous No.9037002]

>>9035520
>ethereum
>good

opinion discarded

[Anonymous No.9037010]

>>9036803
This guys is copy pasting this shitcoin shill in every new thread lmao

[Anonymous No.9037024]

>>9035569

>>DlEJwnRY

>>Die jewery

Holy shit awesome

[Anonymous No.9037038]

>>9035630
IOTA is a scam and total bullshit

Also DIEJw

[Anonymous No.9037136]

>>9035520
Ripple - Scam
Bcash - Good
IOTA - Scam
LMFAO gtfo of here ver bot
How do you really think you have any credibility after that you larp ?

[Anonymous No.9037342]

>>9036735
Please anon you are very knowladgeable, just tell me if u like link

[Anonymous No.9037438]

>>9036365
Cardano doesn't even work yet, wtf are you talking about

[Anonymous No.9037470]

>>9036655
It also has a tranny dev that has meltdowns on Twitter and says how much they want to get cummed on

[Anonymous No.9037532]

>>9037470
Larps aren't even trying to be credible anymore, they don't look at the details of their bullshit
Its probably because people are so stupid that they eat this shit up straight away

[Anonymous No.9037556]

>>9037532
did the tranny dev not say it wants to orgasm on twitter or something? If we still lived in decent times this shit would be 0 but its a new era, an era of degeneracy

[Anonymous No.9037720]

>>9035630
I knew IOTA was a scam early on because it went to the top 10 overnight with the only major market being bitfinex. all finex knows is scams.

[Anonymous No.9037807]

>>9037556
I agree cardano is a scam but many of the things OP posted are legit projects and this larp is aiming its agenda towards noobs that come in here looking for get rich quick answers
I feel so bad for our future

[Anonymous No.9037832]

>>9037556
I agree cardano is a scam but many of the "scams" OP posted are legit projects and this larp is aiming its agenda towards noobs that come in here looking for get rich quick answers
I feel so bad for our future

[Anonymous No.9037858]

>>9035520
>EOS good
>Ripple Scam
U are just brainlet
Keep digging

[Anonymous No.9037997]

>>9036829
Well written.

[Anonymous No.9038047]

>>9037556
So profit from that.

I never understand people who are emotional about stocks/speculation.

[Anonymous No.9038338]

>>9035520
BTC
Eth
XMR
Link

[Anonymous No.9038502]

>>9038047
What the fuck is that ?

[Anonymous No.9039033]

NEM/XEM: 0 mentions

Cucks will miss out and neck themselves

[Anonymous No.9039352]

>>9036661
devs dont have what it takes to give it adoption, not enough connections/power to achieve what it strives for.

[Anonymous No.9039634]

>>9035520
Why is Dash a scam? Someone fill me in?

[Anonymous No.9039910]

>>9036973

>Robotics
>AI

Don't you see the problem? You've created a branching tree of highly speculative industries that each need to develop to support the next. AI/Machine Learning has its own set of vast problems to overcome. Parking automation doesn't need IoT, it can use facepay or Nano or some other future digital currency, or even Visa/MC. IoT is the idea that every device will form an economic ecosystem but it just doesn't add up. No one can explain how or why it will work and why a proprietary cryptocurrency is even needed. But it does allow a lot of corporations to generate watercooler conversations. There is this idea of 'social momentum' a business needs people to be anticipating something in order to stay relevant and fresh in peoples minds, consumers who feel their in the presence of a revolution tend to have higher confidence. This is why bullish markets always have a lot of 'hype sectors', the truth is truly revolutionary products are almost always unexpected. Almost no one anticipated the touch screen smartphone explosion. This is why most people don't get rich in stocks or markets because real growth doesn't happen in the sectors with all the buzzwords.

[Anonymous No.9040064]

>>9038338
this

[Anonymous No.9040230]

>>9035520
calls bcash good and litecoin scam
LOLOLOLOL
nice try pajeet