Archived threads in /biz/ - Business & Finance - 3523. page

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This is the face of a cult member.
Won't listen to reason, can't listen to reason, and too brainwashed to leave even as they're walking into their own demise.

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Okay, no one seems to have any fucking clue what Bancor does. Simply because people don't take the time to read anything, and are pissed about the ICO dropping in value.
Here is exactly what Bancor's value prop is:
Bancor is a Coinbase-Bittrex hybrid for alt-coins, ERC20 tokens, and community coins.
That's it. Simple as fucking that. Now here a 3 test cases that barely scratch the surface of this coin's technology.
First is crowdfunding via Bancor. Crowd-funders donate to a project they like and become coin-holders. That way if the funded project is successful the coin-holders share in profits of its success.
This in itself is genius, because traditional crowdfunding sites just take peoples money. Sometimes they'll throw the funders a bone and offering them a shitty "Beta" version product.
Next is ETF's. Specifically users can create tokens that are crypto-portfolios that work exactly like ETF's (So say if you're bullish on decentralized cloud-storage but don't want to buy just Sia. You can create an ETF, a Bancor coin, with 50% Sia, 30% Steemit, 20% BTC) The beauty of this is that any fucking normie user can create a coin like an ETF in a matter of minutes.
Final test case is let's look at a University. A university could create a coin, let's call it Notre Dame coin. This coin could be usable on campus restaurants, the alumni store, to buy sporting events tickets, etc.
Student organizations could then SELL these coins to alumni/parents/students as a reward for DONATING to the student organizations charities.
Thus the University benefits three-fold. The average amount of philanthropic donations goes up, the University can sell merchandise, and finally the University can write-off the cost of anything purchased with a Notre-Dame Coin because the university is technically donating the merchandise to raise money for charity. Win-Win-Win
If crypto is ever going to scale it will be with a protocol like Bancor's

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Went all in into fun. Don't fuck me up crypto gods. I expect nice returns when i wake up besides, its fun throwing away money.

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Get into 1337 coin while it's still cheap. Just got announced by a whale trader on Twitter. Buy it on coinexchange. Thank me later

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BUYBUYBUY

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Steadily declining, wtf......Another general drop incoming?
REEEEEEEEEEEEEE

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Fyi the crypto community has made a pact that if you data scientists keep dumping your coins, we will all pull out tomorrow and never waste our time with it again. We will kill your entire project within 24 hours.

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1$ by June

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what the F*CK do i do with these FUCKING dgb bags? I took out a loan for these because /biz/ said they were gonna moon and my mom needs brain surgery and it jusT KEEPS going down

THIS SHIT IS UNDER 700 SATS

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What is stopping me from, right now, takibg out a 401k loan for $10k and making $500-1000 a day memeing internet coins?

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You Asked for More Edition

BitBay (BAY) is the world’s first FULLY FUNCTIONAL (RIGHT NOW) decentralized market client/smart contracting platform that utilizes double deposit escrow. The highly anticipated rolling peg is anticipated to be complete around the end of this year. Eliminate the middlemen, save some money, TRADE YOUR CRYPTO FOR FIAT, 100% safely, from the comfort of your own home.

LINK TO DESCRIPTION OF LATEST UPDATES IN MARKET CLIENT (YUGE!)
http://bitbay.market/performance-upgrade-bitbay-client-version-1-27/

ANN Thread:
https://bitcointalk.org/index.php?topic=890531.0

Invitation to BAY community Slack (850+ Members)
http://bitbay.market/wp-login.php?action=slack-invitation

Invitation to BAY community Discord (~100 Members)
https://discord.gg/sP8b66W


Exchanges:
Bittrex
C-CEX
PoSW


Twitter:
https://twitter.com/bitbayofficial

Official Website:
www.bitbay.market

CoinMarketCap:
https://coinmarketcap.com/currencies/bitbay/

Wall of Features (current and upcoming)
http://bitbay.market/walloffeatures/

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LAST CHANCE to buy cheap SHIFT
I could only afford 2000 but shit's about to go to interstellar this week. Accumulate while you still can.
This is your final warning.

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ARK is here to stay faggots get used to it and buy it while its under 1 dollar

https://blog.ark.io/ark-to-be-available-on-ledger-hardware-wallet-f57c4f6a792d

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Ok faggots I have 3000 EUR in cash and I want to invest in 3 differents jewcoins, but I dont have the experience in the memecoin market.

I was thinking to put:
1000 EUR into BTC
1000 EUR into Monero
1000 EUR into Litecoin

What do you guys would do in my position?

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What happening /biz/ ???