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Why does economics assume the average customer is aware of the quality of the product they're purchasing? Why does economics assume the average customer is conscious and self-aware? Why does economics assume everyone is motivated by profit maximization? If supply and demand is real how do you explain the phenomenon of "Veblen goods"?
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>>2735381
Classical economics describes human behavior in an approximate, general way. It's like physics problems where there are frictionless surfaces in a vacuum.
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>>2735381
>Why does economics assume everyone is motivated by profit maximization? If supply and demand is real how do you explain the phenomenon of "Veblen goods"?
Profit includes non-material and non-monetary gain. This includes status, which explains Veblen goods.
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>>2735404
If it's non-material and non-monetary what kind of gain is it?
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BUY VERTCOIN
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why would I
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>>2735538
'cos it was mooning and sheeeet.
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>>2735371
This is the part where you say Atomic Swap ....
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Bancor is literally unstoppable
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>>2735356
nice just bought 100k ;)
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Nice just gassed 6 million.
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I have 12 BNT. I swear I'll crash this market if it doesn't start rising soon.
I'm a thirld worlder.
Is a good plan to put 200 ameribucks into a mutual fund every month?
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Yes.
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>>2735325
no save up to immigrate
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>>2735341
NO NON ON ON ON ON ONNO NO NO NO NO NO NO NO NO NO FUL L FULLL FULL FUL FUL FULLF ULLF ULL FULL FULL FULL
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Hi sirs , please to be buying next new coin in blockchain revolution
xby is making 100x gains soon ! buy now or regrat later
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>>2735305
totally true! I made much rupees for my village, now very wealthy Sir, nice car, ladies love
buy buy buy now, no regret and make many money
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>>2735305
Right now, static node owners are discussing the new lower transaction fee.
Fuck dutchfag
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>>2735319
agreed , dutchfag is very fud ! he no see value in THE COIN ;)
i cannot wait sirs for 100x xby !
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>you lost the only ICO with a solid roadmap, and a decent working beta
>no lambo for you
check nimiq kek
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i'm in. gonna sell this baby for x2 @ $20
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>Blockchain: Ethereum (eventually migrate to Nimiq blokchain)
Wow, they are suck skilled devs they couldn't even manage a litecoin clone and had to go with a ER20 token.
I might pick some up if they get their own blockchain running but as we all know 99% of all token ICOs are low effort scams.
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>>2735355
Calling this a low effort scam is simply crazy. Try the beta
IOTA is going to announce big news tomorrow or monday. VW. Price is being forced lower to get cheaper IOTA, before the rebound upwards.
Good luck - ch
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>>2735239
Nice source faggot
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>>2735250
why you want source
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>>2735239
iota is supposed to be extremely cheap and its about two decimals overpriced.
Anonymous
How to calculate coin valuation and inflation? 2017-07-08 05:02:49 Post No.2735232
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How to calculate coin valuation and inflation? 2017-07-08 05:02:49 Post No.2735232
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How to calculate coin valuation and inflation?
Anonymous
2017-07-08 05:02:49
Post No. 2735232
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Is there a formula, please shine the light senpai, so we all see and learn.
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there isn't, you have to pay attention to developments in the tech, see who's saying they're interested, and literally speculate
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Inflation is easy:
(24 hours / block time) * coins per block * current price.
Valuation is purely speculation.
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actually...maybe you could do something with lending rates?
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Why do landlords hate their tenants so much?
On the one hand, people are shit and the law favors the tenant, so I can sorta empathize with the landlord. On the other hand, I've heard dozens of anecdotes from people claiming to be landlords on this site, and even assuming only ten percent of them to be true, there is still this uniform contempt for the source of the owner's passive income. /Business owners/ and people anywhere near operations don't hate "their people" this much.
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because tenants are whiny and passive aggressive. you will seldom have a responsible friendly tenant.
they're like gibsmedat level jews.
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Have you ever had a tenant? You can't even make them vacate the house on time. They'll just make up some bullshit excuses about why they can't leave even though they haven't been paying rent. If you call the cops to make them leave, you look like a heartless asshole.
Worse, some of them will just get up and leave without paying.
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>>2735220
>Why do retail-cucks hate their customers so much?
Think of this x100
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I just bought 100k. Now what?
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Nice just bought 100k!
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now....we wait
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>>2735201
nice! now sell 100k at -13%!
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Poorfag here. I have been hearing a lot of wallet recommendations. The hardware ones that include alt coins seem expensive, but I dont want my wallet to be hacked. Are there any reasonably priced hardware wallets that suit my needs? I have online wallets for most of the big coins and I leave the alts on Poloniex
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>>2735197
Create a bootable linux OS. Download the github offline version of bitaddress, liteaddress, etc. Create paperwallet. For free
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>>2735197
I just use online software - blockchain - for my bitcoin, so if my computer packs up I can still access it online without fearing of losing it all. DO NOT USE COINBASE FOR STORAGE.
Cold storage (on a usb stick etc) is all well and good but it can also get corrupted and expensive, but if you have thousands of ££££ portfolio then its a good idea.
Hardware wallets are to microsoft office, as software wallets are to google drive.
I prefer google drive.
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>>2735299
Which linux OS is best? Would the computer be used just for that purpose?
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>be me living with my parents so barely any responsibilities at all
>work a minimum wage job
>get paycheck and put 300+ into crypto
>mummy and daddy get v upset
>"anon you can't be gambling or playing whatever game you're playing" (i've attempted to explain bitcoin to them but obviously failed, they think it's a fucking gambling website or some shit)
>tell them i'll double my money
>they get angry "WHAT IF IT GOES DOWN ANON!! MAYBE I SHOULD MAKE YOU PAY RENT IF YOURE JUST GONNA THROW AWAY YOUR MONEY ANYWAYS"
not to mention mom threatened to take all my money which i countered by threatening to call the police if she stole my money which i think might've worked but there's always the possibility she'll do it
how tf do i deal with this situation?
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moving out is not an option i don't make nearly enough to be able to survive by myself.
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Why did you even tell your parents?
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>>2735186
forgot to mention mine and her bank of america accounts are linked and when i first purchased some crypto she asked Wtf coinbase is and why it cost so much. she has access to my money but i don't have any to hers.
> he still didn't buy verge
we are mooning right now while all other coins are sucking cock
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Nice, just bought 100K.
No but really, balls deep here with one mil. Expect this to moon hard this month.
The dev is the badass of crypto.
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>>2735136
walls look thin as fuck,
can we repeat 180 from yesterday?
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>>2735153
Definitely, but I doubt we'll go even further than that. Just looks at that fucking wall at 179-180.
But those might be put down by the whales though.
Anonymous
MUST READ Business Books 2017-07-08 04:45:48 Post No.2735133
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MUST READ Business Books 2017-07-08 04:45:48 Post No.2735133
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/biz/ recommend MUST READ BUSINESS BOOKS ITT.
My strong recommendation: Poor Charlie's Almanack.
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up
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Post more things yourself first
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How come some people don't advertise price in ads? For example, in housing for rent markets, some ads have the price per month, and others don't, so that you have to inquire over the phone. What is the logic behind not naming the price? And, are these "inquire within" prices often better or worse than the listings with prices listed?
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>>2735119
>What is the logic behind not naming the price?
Trying to sell you on the product before you actually see the price. For many people, they'll turn down a product because of the price and no amount of cajoling will fix that. By hiding the price until the last possible moment, businesses bank on the customers "love" of the product overriding their initial misgivings due to price.
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>>2735143
Ahhh. That makes sense, thanks! So, then, the price on these listings will often be market price or nothing special, right? If even a bit inflated?
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>>2735119
Forcing you to call them will allow them to put you in a databse of buyer, and then you have pajeet call centers calling you 24/7 to sell you shit