Archived threads in /biz/ - Business & Finance - 3670. page

I don't. Many people here told them what they were in for.

>>2653787
>randomly drops while all the others are up
>>2653797
what am i in for? bought in at 230k

>>2653787
>>2653808

Wait a few weeks and it will be up again.

>my bed
>me
>3400
>around 12k sats
>seatrips
>just hodl until I can afford to go away for 3 months

>>2654146
right here
this guy
around 4000
about 20k sats

not sure...hoping for etherium levels but might week hand it before then. The thing that keeps me in it for the long run is the payout. If it gets to high enough and they do the "debit" card I might just stay in for deep hodl.

biz_classic ftw

In bed
Me
1787
I don't even remember.
biz_classic
HODL until mass consumer adoption is realized

You don't really get /biz/ yet, do you.

I'm holding ETH too but you would have to be retarded to not notice this obvious bull trap

>people shorted eth today

Hahaha, margin trading always attracts idiots

>>2653668
HODL

>>2653675
Hold gold? Why?

I don't know shit about gold. If somebody is knowledgeable on this shit, please enlighten me.

>>2653712
When shit hits the fan, gold will be worth more in the long run. Hold it. Itll be worth alot more later.

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It's extremely inflationary, I have no fucking idea how it still manages to get over 100 sato sometimes.

>>2653658
because its not 2013 anymore

>>2653690
>>2653683
Why won't it be valuable in the future?

>>2653640
https://youtu.be/SiXS_jjJYY8

1st: read what BTC is about
Even many experienced traders cannot tell you what the blockchain is. It is a mistake to not research Bitcoin thoroughly when dealing with cryptos, even if you only trade with coins. Bitcoin is the very first crypto currency and still the one with the highest market capitalization. Most things we do is measured in BTC. If you trade with altcoins, you mostly do this with BTC as a foundation. It is of no use if you buy into BTC when it is at $3000, trade in altcoins until you have a 50% profit and cash out when BTC dropped to $2000, because then you made exactly >no< profit. Basic knowledge on what BTC is, in which situation it is now and at which price it is traded is the most basic information for any trader and investor in crypto currencies, because the price of BTC influences altcoins heavily. Only that way you can evaluate e.g. news like the legalization of Bitcoin in India accordingly.

2nd: do the same with the top 10 coins on https://coinmarketcap.com/
You don’t do this because these are promising coins (some of them are, but that is not the point), but because the top 10 coins all amount to roughly 90% of the market capitalization of all coins already. You need at least to know the basics about them. Are they mineable? Do they have a high supply? Are they backed from promising tech? Why are they so popular? How did they behave when BTC dropped in value? How when it rose to a new ATH? Did they go down, up or was there no movement at all?
Don’t worry, you just get to know them a bit more, not actual learning the last digit of their maximum supply.

Now you may ask: “But what about the small ones?” and you would have every right to do so. But like I said: knowing about the biggest coins is essential. Not only do you have now learned the name, the price, the amount of coins but also the foundations of the tech, the general air about a coin on most platforms, the basic terminology etc. Also, you gathered a fundament of sources and maybe collected your own individual portfolio of blogs, wikis, forums, twitter-accounts and maybe some people on a discord server or on telegram to write and talk about cryptos.

I cannot emphasis more on the fact, that chat groups are the best option to get information on good coins fast. 10 people doing research for one hour a day can see way more than a single person can in 20 hours. And if you get into a chatgroup of 100 people, that are not talking all day about “moons”, “lamboland” or pnd-actions but simply about possible coins to invest in and why, you got a jackpot.

Now if you are really interested in new coins, you could register on bitcointalk and read e.g. announcement-posts. Within these posts (signed with an [ANN] at the beginning), the developers (short: “devs”) showcase the coin, the tech, the team and the “whitepaper” with many detailed information to the public. If the announcement is good, you can at least expect that at some point in time the project was active. However, for a newbie this is exhausting, even if you did the research for the top 10 coins before. That’s why for a fast evaluation of coins, I advise a simple and easy to learn method to analyze coins which anybody can adopt and change for themself. Let’s just call it “PHAT” (or “PATH”, if you like).

Publicity
This is the so called “first impression”. Possible questions are:
- Are there full names (no pseudonyms) and faces associated with the project?
- Is there already a partnership with other companies?
- Is the project itself based on a credible company or just a hobby project from the developers?
- Is there a website? Does it look professional?
- Is there a thread on bitcointalk?

History
This is important if the coin is active for a while already or the name behind them is known. Possible questions may be:
- Is there a roadmap?
- Had they reached their milestones in time? If not, why?
- Had they problems with the development?
- Was there a pump and dump – action in the past?
- Did the developer team changed recently? If yes, why?

Activity
More to get a feeling for the “today” of the coin. If the devs are not on the project anymore, the project is dead and there is no need to invest into it further, may it be money or time. Examples:
- How is the general attitude on twitter regarding this coin?
- What do people think about it, when you ask them on reddit/twitter/(4chan)?
- Is the developer active and interacts with the community on problems?

Technology
If you are – like me – not from a tech-background, this is always kind of tricky. Luckily, most devs break down on what their tech is exactly solving for non-tech people like us. It is best to keep the question in accordance with your understanding of the tech, like e.g.:
- Solves the tech behind the coin a certain problem?
- Is there another coin which is also offering a similar problem?
- In which respect is it better than its competitor (if there are some)?

ok there bud

>>2653630
Prove it.
protip: ya caint and there's no way to hold you accountable
/thread

>>2653630
bullshit

it's going back to 200

Do your own homework you lazy faggot.

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Bancor.

PINK

>>2653590
>theDAO

Apologies for poor english. It was fine sunny afternoon when vitalik phone. The dao is hack. No

>>2653605

>no....

>>2653590
Fucking infuriated because I tried to get into the market back then, but didn't do it because I'm a lazy shit. Got in 2 weeks ago though. Heres hoping we'll see those type of gains again a year from now.

$via is a truly great purchase friends :)

Shill me OP, is this stuff worth getting?

>>2654165
If you like a coin with low supply (22 million, around same as Bitcoin), much faster than Bitcoin, cool sleek design, then this is for you.

They are also activating Segwit soon (doing QA testing on it now), will adopt Lightning Network, and then implement STYX (anonymity feature this will be HUGE).

It's also $1 a coin right now. On the major exchanges as well. Polo and Bittrex.

>>2653534
It's still the early days of BTC so it's still easy enough to mine just with your computer. You don't need any GPU's or anything. Start mining and buy ARK, DGB, and BITB and you'll be sent straight to the moon.

>>2653534
>>2653534
>>Is it easier to trade or mine?
>>what are some shit coins i should start with?

it's far far easier to trade
BTC, ETH, LTC and then the other coins in the top 20 you think are interesting promising.

>I don't have a mining rig as they are expensive as balls.

don't bother with mining then, you're just gonna fuck yourself up with the electricity bill

OP is a faggot.

>Is it easier to trade or mine?
Mine.

>what are some shit coins i should start with?
ANS, ARK, WAVES, UBIQ, LSK, LTC, ETH, BTC, SC, STEEM, SNT, SYS, and of course DGB

>what are some decent mining programs to use?
ethOS

>I don't have a mining rig as they are expensive as balls.
find free electricity and they are not

>whats the liquidity like on most cryptos?
BTC, ETH, LTC I know can be instantaneously liquidated on coinbase. Only a few direct to USD but a trade for LTC and then LTC sent to your cash out wallet would take no more than 20 minutes probably. Remember if alts crumble they need to transferred to BTC so BTC remains more stable than other shit coins allotting a window in which escaping is manageable if you don't take more than say an hour.

Any job is fine, honestly. As long as you're doing something, you won't get asked about the "gap" between your schooling

Bank teller or if you know someone at a firm or something they could get you a part time job helping around the office would be best

>>2653541
Bank teller could be good.

What kind of firm do you mean

just make something up.

nobody actually checks your references. if they do put down your own phone number.

>>2653503

The .com bubble was a multi-trillion dollar evaporation of wealth.

We are nowhere near that. Calm the fuck down.

Dotcom bubble was 3tril total marketcap (ON THE FUCKING STOCK EXCHANGE), crypto is only 100mil (WORLD FUCKING WIDE).

This is a crypto Twitter shilled coin.

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>>2653453
>when you get scammed by indian scammers by buying viacoin

>>2653459
>>2653465
thank you dear i make 1000$ day with viacoin :)