lads, press s to spit on this faggot, fraudulent shitcoin. Bitcoin is the king of all shitcoins, the ultimate scamcoin, because:
1. not actually decentralized...a handful of chink miners can manipulate it.
2. not actually private, though it was never promised to be private and anonymous. look at how much pivx and monero are going up today, it's because people are realizing bitcoin-based blockchain is shit...also why litecoin and vertcoin are tanking along with btc price going sideways.
3. retarded "drama" with bitcoin cash, see point 1 above.
4. hyperinflated price that isn't based on any real fundamentals beyond "muh original cryptocurrency"
5. gets stolen after hacks fairly often
6. fucking slow. whole network is clogged. at the whim of ASIC mining farms. takes HOURS to transfer btc, whereas it takes MINUTES to transfer litecoin, dnt, and other lean cryptos.
7. too many faggot normies only know of btc and thus they are fomo'ing in.
8. brand looks stupid, with the slanted and crooked 'B' logo trying to communicate that it is as good as gold. remember, all that glitters is not gold. just because bitcoin has a golden-yellow brand doesn't mean shit.
9. too volatile to function as an actual currency. who the fuck wants to BUY things with their btc when they are worried that 24 hours later the price will have risen and therefore they overpaid for whatever they just bought. i like buying stuff with litecoin because the price is fairly stable.
10. fucking "mysterious" founder is not good. it would be better if the founder were known and a public figure. compare to Apple and Steve Jobs...wasn't it better that Apple had a face and figurehead leader? fuck yes it was. even ETH has money skeleton and PAY has dr. julian hosp.
fuck bitcoin and fuck this overpriced shitcoin that can't even transfer quickly.
>>3211158
>5. gets stolen after hacks fairly often
BEND
THE
KNEE
the satoshi issue (10) is stupid and I'd even say wrong
the speed issue (6) is severe
proof of work sucks in any case
regarding (9), I guess any crpyto will stay very volatile for a while
So as long as I have access to those 24 words I can access all of my crypto funds? That is so tight. This thing is great.
electrum
yup trezors are pretty kewl
i just use it for BTC tho. shit coins can stay on the exchange
>>3211149
also if something happens to your hardware wallet you just use the seed to restore your wallet on anything that is compatible.
Dropped 10k on bch, did i get jihan'd
You and everyone else that bough into that shitty chink pump and dump shitcoin should honestly leave crypto forever.
>>3211168
what do you mean
>>3211168
don't listen to this faggot
1k a week from now
Just bought into this baby.
Make me rich /biz/, im expecting 100x
>Works in every country where Monero doesnt work.
That's a lot of money on the table that could potentially make this moon.
>>3211111
Quints confirm. Let's do this.
Passive income thread
I'm thinking of making some reskins of phone games that have been dead/not played a lot and trying to get some passive income off of that, is it worth trying?
Share your passive income methods that aren't just "lol buy an apartment complex and get rent money" because I don't have the funds for that and don't feel comfortable getting a loan for it
buy NEO and get GAS money
Well Marc Cuban shilling a token and doing an ICO. I guess the normies all piling in now boys. This is the moment we've been waiting for now. Get your gains in while you still can.
Whitepaper: https://www.mercuryprotocol.com/files/Mercury_Protocol_whitepaper.pdf
>>3211080
will lose all his money HAHAHAHAHAAH the jews have already chosen XRP be POOOOOOOOOOOOOOOORRRRRRRRRR FOREVERRRRRRR
>>3211080
Remind me again why normies are a bad thing? Isn't the point of all of this to get as much as we can before the normie money flows in?
>>3211080
Their white paper is solid and it's a great idea. I'm always iffy about ICOs competing with heavy hitters in the normies market (I love BAT as a concept but don't really see it going places) but I'll definitely be keeping my eyes on this one senpai.
HOOOOLLLLDDDDDDDD
we are the d0xmarines
>>3211049
You know im holding anon. Bought near ath but idgaf because its too solid to miss out on.
0xarmy assemble!
Hey /biz/ I recently got about 5 grand as a gift and I decided that I wanted to invest in crypto since I've been lurking for a while.
I've done research for a couple of weeks now and I think I know what I wanna get into (what to buy/hodl/etc). The problem is, I made accounts with both Coinbase and Kraken (since those were suggested) to start buying crypto for USD and they both require a Drivers License or ID in order for me to deposit.
This wouldn't be a problem, except I am and will be away from the US for the next 4 months or so and I don't have a current Drivers License (expired) and they won't take my US Passport as an ID. Is there a workaround I'm not aware of? or any other sites that don't need ridiculous Identity verification to buy a couple of thousand worth of Coins? thanks in advance.
>>3211019
Localbitcoins.
DELETE THIS
Does anyone have any analysis of the unwinding of the Fed's balance sheet?
It seems like Trump is not interested in gutting the Volcker Rule and Volcker himself has said positive things about some of the changes in that they retain the spirit of The Rule but make it the regulatory structures more efficient.
I can't really find much in the way of doomsday scenarios. People are saying price growth will be slow so focus on dividends. I can't really see an issue with this though, a smooth running financial system that isn't thrashing around like a banshee sounds good to me, even if growth is slow it is slow for everyone so who gives a continental?
What do you guys think?
https://www.bloomberg.com/news/articles/2017-04-28/federal-reserve-ponders-how-to-do-the-big-unwind-quicktake-q-a
That is one article I just found which explains what is meant by all this talk about the balance sheet.
Essentially, what is meant by balance sheet reduction is the fed will no longer re-invest the money they have received, from the bonds they hold, into buying more securities from the market.
Implicitly, this may result in bond prices dropping (decreased demand, lower prices), which will lead to yields on government treasury securities going up (look further into "Yield to Maturity" to get a better idea of why this happens).
If treasury yields go up, this eventually impacts other market interest rates, as investors (or banks) will expect at least the "Risk Free Rate", if not better.
The Fed is trying to avoid spooking the bond market by saying things like 'gradual tapering'.
This is the point that might lead into what you've been hearing about slower price growth in the Equity market. It's my belief (and one held by many others) that the stock market has roared up these past 9 years primarily because of Quantitative Easing. The fed pumped a lot of new money in after the 08 crash in order to maintain market liquidity, and to stimulate growth (more bond buying, increased bond prices, reduced yield, resulting in lower interest rates, leading to Aggregate Demand growth). Granted, there has been incredible growth in US tech, and many other industries which has justified share prices growing.
But, if yield on debt is about to go up (balance sheet reduction, and the Fed looking to increase the fed funds rate, which they could do through selling securities to the market - all of these things driving bond prices down), then debt could start to look more attractive than Equity. Leading to outflows from the stock market, into more debt allocation. At least, that's my understanding.
>>3210995
As for the Volcker Rule (and prop trading), I don't think Trump wants to allow all institutions to return to the days before the 08 crash, but mainly just to simplify some regulations. My understanding is that banks have quite strong capital requirements these days, over-leveraging would be an impossibility.
>>3211528
>as investors (or banks)
that should say 'lenders' actually
What do you all think of Presearch?
I'm going to buy some coins at their ico @ 10 cents. How much do you think I will need to invest to get a lambrogini??
presearch my ass, faggot
Below is my goal portfolio in percentages
ETH 25
USDT 20
BTC 15
SNT 8
XMR 4
OMG 3
ARK 3
WAVES 3
LSK 3
STRAT 3
BAT 2
PAY 2
QTUM 2
ADX 2
LTC 2
CANN 1
GEO 1
MCO 1
XRP 0
BTS 0
BCC 0
rate
>>3210895
More XMR imo
>>3210895
Up your Lisk percentage, shits bout to Moon, same volume increase as Antshares
>>3210895
>USDT 20
>BTC 15
question since a family member has a situation
if a cosigner for a car decides to take the car back (basically default).
will the credit affect only the cosigner or will it affect both the cosigner and the person who needed a cosigner?
>>3210890
Eat some dog shit XD cum in my asshole !!!
Buy dgb XD
>>3210916
soo is that a yes or no
JUST
>>3210863
BOUGHT
>>3210869
ETH WITH MY CAT
I'M DOWN 2 ETH
FUCK
Why aren't you investing in lithium mining companies? Lithium is going to power the future.
thanks just bought 100k
But I am
>>3210839
Dropshipping from china ASAP! Good tip OP!