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Archived threads in /biz/ - Business & Finance - 1495. page

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Just got back from work and Ripple tanked hard af, what the hell happened while i was away?
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hehheheh...
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is that a butt or a squeezed pair of tits?
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Turns out "HUGE" ripple news was some ahitty conference with some high profile speakers. Whoopdi-freakin-doo.

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Remember: bitcoin is a bubble

http://www.businessinsider
com/mark-cuban-backs-mercury-protocol-blockchain-communications-startup-2017-8
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Marc Jewban can go fuck himself
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It is

but its not going to burst anytime soon the next couple of years
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>>3194361
Funny how most of these rich figures who say X crypto is a bubble and non investable come out with their own coin later on.
Almost like they want to steal market share or something...

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>tfw still bagholding BlockCAT

Someone please tell me that everything's going to be ok...
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meow.
>>
confidence left because dev silence

this could very well turn into another mysterium
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>>3194256
>investing in blockcat, a dev full of high school kids (faggots)

Omfg the bcc behaviour is so fucking retarded

The only reason didn't crash it's because most of the coins are locked and the huge buy/sell walls the whales put

Attention to all newfags that got their brains washed with satoshis vision and all of that cringeworthy shit, this might be your only chance in your lifetime to dump on a whale your bags while making profits

Whales that got tricked into this shit are fucked and that's why they set the Trojan wall on both sides to maintain their house of cards alive

This is the last time I put any effort on you guys, believe me or not, but I'm not gonna answer a single comment in this thread, this isn't a discussion, just a bunch of facts

>inb4 cognitive dissonance
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nobody gives a fuck what some autist posting from his android phone while it charges says

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I don't really have any money right now. But I might in six months if I can get a job. I've done some reading on investments over the years and the thing that has always stuck out to me are index funds; they seem like a safe bet as long as one trusts that the markets will continue to grow.

Up here in Canada the housing markets in Toronto and Vancouver are in the process of crashing down. I don't know if it will affect the rest of the country but if it does it would seem like a good time to invest.

I guess what I'm wondering is the following:

1) Are we getting close to a market collapse similar to 2008?

2) In the event of such a collapse, would it be a reasonable idea to convert cash into an ETF?

What do you think /biz/?
17 posts and 8 images submitted.
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>>3194189
Even if you bought right before the 2001 or 2008 crisis, you would still have a reasonable return on the S&P500. Something like 7% annually iirc but you can easily calculate it yourself.

This board is full of cryptofags who will tell you anything under 200% per year is not worth it but the truth is that indexes are still the safest investment which will yield a moderately high return long term while also requiring no specific knowledge and allowing total passivity.

I personally love index funds and the majority of my net worth is tied up in them. Bonds and savings yield fucking nothing and crypto may come crashing down tomorrow. All it requires is an investment horizon longer than ~5 years and iron hands in the event of a crisis. Monthly deposits to an index fund is the greatest favor you can do your retired self.

If we're getting close to a collapse is something nobody can answer. People will speculate but nobody knows.
>>
>>3194378
Thanks for the reply. I have indeed noticed that this board doesn't talk about much aside from crypto. It's understandable given how exciting that can be.

> All it requires is an investment horizon longer than ~5 years and iron hands in the event of a crisis.

That's about what I had figured. Pick a point in the horizon and HODL on for dear life... I have imagined that the only event in which an index fund would fail to provide returns would be the event of a total monetary system crash, in which case most other tools would also lose their value. But that's why you keep a small box of Au and Ag under the floorboards, eh?
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Here's something neat. I was curious to check the effectiveness of index funds in the past so I found a website that lets you pick an index, initial capital, and buy and sell dates. It would appear that a fund started just five years ago would have doubled by today! That's pretty powerful, if I'm not mistaken.

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Everyone asking for undervalued coins. Here you have one.

EFL
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Interesting coin I will invest in it for sure still small but it can easily make if big
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>>3194188
Wow. This one looks tasty! Thanks
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Thank you.

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When will you retarded newfags learn???
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>>3194177
They never will learn lmao.
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>>3194177
Wonder who could be behind this post
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>>3194938

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>want your litecoins on Mayweather vs McGregor
>accidentally buy Bitking ICO
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>>3194158

>YFW Bitking moons and McGregor wins
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>>3194158
McGregor will be gassed out by the fourth round, failing to pace himself properly. Mayweather will box defensively and box for points. It will be a decision in the end in favor of Mayweather.

Screenshot this post. I have inside information.

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.
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>>3194085
WE
>>
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>>3194094
ARE
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>>3194745
GOYIM

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Trading shitcoins is for pajeets and tards. Big boys who dosen't trade with pocket money are trading with USDT.
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Well Im a tard and a small boy so jokes on you

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I don't have an address, which means I cant use the big exchanges

how can I still get into crypto
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>>3194068
>Doesn't have a single address
Literally what the fuck
>>
You know you can make them for free right? Do you have brain damage
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>>3194152
>>3194168
like a home address, sorry for the confusion

Which is objectively better?

>8MB + FlexTrans

>1MB + Segwit
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>>3194061
the first one, but ((((((btc core maximilist)))))) will say otherwise

/thread
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>>3194061
The first one. In every argument against block size they use completely irrational examples. In the of the old LN presentations, they immediately jumped from 1MB blocks to like 1.2GB to try and justify big blocks being bad.

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is it a coinciedence?
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>>3194050
>He thought he could create a monetary systems without jews controlling it
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>>3194050
hex hex
>your blockfolio will be dead in less then six days

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lets pump this up to 19k becuz why not?
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>>3194046
Edg is actually one of the few real good buys. Need to HOLD. No pump and dump.
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>>3194849
i love you
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>>3194046
>>3194849

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https://bitcointalk.org/index.php?topic=2012475.msg21167977#msg21167977
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>>3193980
Thank you, I had been waiting to get a genesis pair for a while, and even considered buying private keys from telegram users. It's a good thing I waited a bit.

This is going to be huge when it hits the exchanges. No ico meme, low supply, interesting concept.
>>
So stupid. It does nothing, and has no value. Before you say "FUD", I've read the whitepaper and all their docs. It...literally does nothing. Please do not fall for this.
>>
So delisting on nova continues?

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