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Archived threads in /biz/ - Business & Finance - 3594. page

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What do /biz/ think of Verge?
15 posts and 1 images submitted.
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>>2685943

great coin. great dev. gets privacy right. below average name. below average logo. below average website.
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>>2685943
biz is responsible for pumping it from 11 sats.
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>>2685943
It was good for a quick x4, just like SWT and Blitz. I don't care about it anymore tho...

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Anon buy now and thank me later
10 posts and 4 images submitted.
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lmao fuck off

this is ultimate containment board
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>>2685944
come on man i am working here !
>>
>>2686034
your welcome its already up 44%

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theres this meme going around that ETH is somehow a stable coin and #2 to Bitcoin

how does this make any sense?

>not decentralized - vitalik buterin can literally change the code on a whim (and has done so before)
>zero real world use cases except scam ICOs
>founder is anorexic aids faggot and SJW open-borders commie
>scalability issues
>no coin cap

how the fuck is this not a worthless shitcoin that is gonna crash and burn sooner or later?
22 posts and 4 images submitted.
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>>2685869
>Vitalik met with Putin in China
enough for you?
>>
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>is gonna crash and burn sooner or later
it's already happening
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BitBean will not go below 100 sat

its time to buy
68 posts and 26 images submitted.
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>>2685813
I hope it does! I measure my wealth in bitbean.
>>
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Buy my bags the thread
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>>2685911
please do not /pol/post in bean threads

beans are pure and wholesome meme coins for everyone

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Is there a point in investing in ICOs? How many of them are listed on exchanges after all?
11 posts and 2 images submitted.
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low cap only
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>>2685717
No. 99.999% of ICO's are vaporware cash-grabs designed to steal BTC/ETH.

Here's the truth:

Blockchains suck. They're slow, wasteful, and don't scale. Their only redeeming quality is decentralization which places their assets outside the control of governments and banks and offers NON-COMPLIANCE WITH THE LAW.

ICO retards like to talk about how "the blockchain will revolutionize X" or "we're going to do Y...but on the blockchain"

When confronted with this bullshit, ask yourself a simple question:

"Is this something governments/banks would regulate or crack down it?"

If not there is absolutely no reason to use the blockchain meme and what they're selling is without question vaporware.

If yes, ask yourself whether this service actually needs its own token. Examples here include things like the DICE or BET tokens. Gambling is a legitimate use of the blockchain but if these people had a real service, generating real revenue, why would they share this monopoly? If they needed a bankroll they would offer the ability to publicly contribute to the bankroll and offer a share of the house profit with respect to your contribution. This is what just-dice did and were wildly successful - they didn't offer shitcoin tokens.

You will be extremely hard-pressed to find any ICO which passes these two simple tests.
>>
most of my ICOs returned 2x at least, never took a lost

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KING MONACO
TRADING NOW
GET HYPE, BABE!


https://bittrex.com/Market/Index?MarketName=BTC-MCO
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>>2685699
vaporware

this is like investing in duke nukem forever
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>>2685707
Sky's the limit, bae.
And as always.
Stay poor,and see you in August :P
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>>2685699
>mfw bought yesterday at 75k
Go King Monaco go!

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the poor buy liabilities
the middle class buy liabilities believing they are assets

What purchases has /biz/ deluded itself into believing they were assets this week?
13 posts and 3 images submitted.
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>>2685698
There are only two classes dood
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>>2685698
buying dollars with bitcoin

literally buying a liability people think of as an asset with an asset
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>>2685761
Class and not class

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̢̂ ͇͛ ̨̛ ͙͆ş͋ỏ̘m̩̒e̛͇ó̩n̦̂ę͆ ̭̍h̢́e̻͛r͇͂e͈ ̨̚ṫ̩ë̤l̥͝ļ̈s͔͐ ͇̔m̡̆e̩͊ ̟͐t̛̙o̘͌ ̗͝i̻̋n͎̿v̰͋e̛̗s͖̈ṫ̗ ̮̍ì̟n̞͗ ̧́D͑͜G̱̔B̝́.̛͜ ͔͛ș̀p̧̆e̫̽n̛̼d͉̕ ͓̐$̢5͈̂0̭̚0̻͝0̥͆0̯̇0̭͂0̩̓0̣͂ ̳̀o̮̓n̐͜ ̱̉Ḍ͆Ḡ̟B͉̔.̪̈ ̻̚w̢̑h̦͛a̱͝ť͎ ̮̉n͓̆ȯ̝w͇͊?͔̚ ͕ẁ͓h̨̒e̖̽n͖̈́ ͇̍w͈͛i̝͂l̨̆l͕͑ ̩͊m͎̉ò̦o̫͌n̩͋?͍̀ ͉̿ì̟ ̙̏r̪̿e̬͐ḟ͇r̦̐e̳͌s̙̍ḣ̨ ͙̆ẻ̡v̥̂e̜̍r͍̉ÿ́ͅ ̠͠1̞̕ ͖̆s̫͝e͚̊c͙͑ǫ̏n̠d̗̔ ͕̿t͉̄ô̩ ̱̋s̥̄ẽ͍ę̓ ͓̀t͓̓h̬͊a̱͂t̖̀ ̰͗î͜t̢͝s̢͗ ̭̀d̼̓r̕ͅo͈̚p͌ͅp̄ę̈́d̳̚ ̂l̼̎ǒ̳w̮͋ȅ̟r̙̊ ̟͗i̾ṇ͑ ͔̄p̝̆r̦̍ị̍c̩̐ẹ̃
11 posts and 3 images submitted.
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>>2685693
$̢5͈̂0̭̚0̻͝0̥͆0̯̇0̭͂0̩̓0̣͂? thats a lot man
>>
>$̢5͈̂0̭̚0̻͝0̥͆0̯̇0̭͂0̩̓0̣͂
>>
>>2685693
>spent $250 at the ATH

REEEEEEEEEEEEEEEEEE MY MONEY

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POSW pump is coming.
14 posts and 5 images submitted.
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Plz be true.

Plz.
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>>2685654
hurry up buy, best friend, good money rich man, Sir
>>
>>2685663
It bottomed, the triangle is closing, prepare for takeoff.

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hello anons, what do you guys think about cryptocurrecnytalk? I personally got some interesting info from time to time while scrolling it.

So what do you guys think?
44 posts and 5 images submitted.
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>>2685651
Depends on what you are looking for. You can get to know more about different coin projects, you can talk to devs and other researchers who try to find a sound investment plan. If you are looking for pnd, I recommend small quality groups. Made decent money for a PS4 with this group https://cryptocurrencytalk.com/topic/85107-upcoming-pumps-news/.
>>
As anon said, it reallu dependsnon what you arw after. I tried the group 1 week ago, came out positive. When is the next coin pump?
>>
Ill gamble 0.25Btc with UP this time. I think they start in 6 hours from now. Am i right?

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WHEN
WILL
MOON?
13 posts and 9 images submitted.
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You're making these threads to drive the price down. I'll keep posting this in every one since I don't sleep either
>>
THAT
SHIP
SAILED
>>
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>>2685606
>You're making these threads to drive the price down.
No, I'm making these threads to warn newcoiners away from DGB since it's a memecoin.

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let's say i have a big amount of money in crypto and i want to cash out. how would i avoid or minimize paying tax?
from legal perspective, could the IRS do anything if i just bought a house with crypto money and avoid telling them where i got the money from?
i'm specially interested about eu, but we can also discuss burgerland's handling of taxation.
13 posts and 2 images submitted.
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I'm from the Netherlands, so I can't say how the situation is in the USA.

Firstly I would recommend just paying your taxes. That's probably your safest bet if you want to minimize your problems.

My guess is that the USA taxes the coins when you sell them, so you might be able to delay your taxes by holding your coins. If you move to another country the USA might ask you to value your coins at market value and pay your taxes over them. But I am not certain if such a law exists in the USA. But i assume it does.

Here in the Netherlands trading your cryptos are not taxed. Making a profit is not taxed either. But your cryptos are considered part of your savings, which are taxed. The amount you pay is a fictional amount. The Dutch government assumed you make 1,63% (if you own a couple thousand) to 5,39% (if you own millions) profit over your savings every year. The tax rate is 30%. So if the government assumed you made a fictional 4% profit you effectively pay 1,2% taxes. So, if you own 500.000 euros in cryptos you might pay 6000 euros in taxes.

If the government is not aware of your coins you move to a different country. And then somehow gain those coins in that country. And then pay your taxes in your new home country.
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>>2685625
If there is no law that you have to pay over existing coins if you move out of the country, then you can just move here and buy a house here without any problems.
>>
I made my coins posting on bitcointalk in 2012 when you could make BTC easily (not anymore)

I used this BTC in the altcoin market and made even more gains

I also mined dogecoin and converted for 2 BTC

So the government has 0 idea that I own 21 BTC

Given that I will be rich in 10 years, and given that im free to put my 21 BTC in an USB and go anywhere in the world I want...

How do I buy a nice house without going to jail?

My fear is that when I cash out, the freeze my money in the bank because "reasons".

How do I prove I made the coins that way? Do I need to show them my bitcointalk accounts etc? That's awkward.

Also the exchanges where I traded altcoins at (Cryptsy, Mintpal etc) are dead anyway.

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-THIS SHIT CAN EARN YOU 10x WHAT CRYPTO DOES-

READ THE GUIDE: https://drive.google.com/open?id=1Ti-laBUbfmIfyBifCHz5PwTDdJjeGtH_w18OdFhHE1M

SHOPIFY: http://1.shopifytrack.com/SHcf

MORE: http://dropshiptips.com
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>>2685409
Bump
>>
>>2685409
Wanna fill me in, im out of the loop
>>
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>>2685583
Customer buys product from you for $15.
You buy product from chink for $5.
Chinks send product to customer.
You keep $10.

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>bought XEL at 25k sats

THIS IS MY BAGGG
THIS IS MY PUNISHMENT
11 posts and 2 images submitted.
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>>2685360
why at 25 lmao. you didnt research the other places that have xel. if had done that you would have realized its now trading at a similar value to the heat exchange
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>>2685370
I had hoped to recover some of the losses I made maxing out my credit cards to buy DGB
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>>2685360
Never buy any coin right after it hit exchanges...
Wait at least 3 days for the price to stabilize.

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Okay I need some help regarding Ethereum
So I started solo mining this morning with my RX480 just for fun and somehow managed to hit 5 solutions and get presumably 25 ETC somehow in 4 hours, first within 8 minutes, second at 24 minutes, third at an hour and the others came slowly. Suddenly it says my GPU gave incorrect information or something when it found a new solution (I didn't see when this happened but saw when I scrolled up on the miner) and checked the balance again with eth.getBalance and now its back at 0 instead of the 2500000000 it gave me before. I have no idea what's happening and I checked my address from the keystore on etherchain and it says it's 0.

wtf happened pls helps
screenshot taken from when I got my first solution and checked balance
11 posts and 2 images submitted.
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you probably didn't update the blockchain
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>>2685327
So does this mean I still have the ethereum I lucked out earlier but it just doesn't show up because my blockchain isn't updated?
>>
>>2685357
no, it means you mined 5 solutions people had already claimed, just your client wasn't aware of it yet

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