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Archived threads in /biz/ - Business & Finance - 4459. page

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I'm new to crypto and trying to understand the DAO etherium hack. Seems pretty shitty that all it takes is for a bug in the code of a smart contract to start draining ether out and allowing someone to steal a huge portion of the coins.

How does the ethereum community vet each piece of code that runs on its blockchain? Bugs are always bound to happen so seems likely that this could happen over and over. What's to stop a person from purposefully coding a subtle bug for the purpose of exploiting it?
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Pisses me off because if that didn't happen and everything went good I would be a millionaire right fucking now.
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you can just hardfork anytime it happens. very easy fix.
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>>2452432
So you fork everytime there is a problem? Seems very tedious and lowers confidence which devalues everyone's investment. Once people really start using ethereum there will probably be bugs all over the place from people putting their badly coded apps on the network.

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Is there a reason nobody is talking about STR? By looking at the charts, it looks about ready to break out of accumulation. What are your thoughts on Stellar Lumens?
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>>2343624
Lurking
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2.5k sat soon
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>>2343624
looks like it is breaking free of Ripple

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>Nocoiner newfag
>Fucking tired of seeing everyone landing on the moon and buying lambos
>Wants to buy some coin
When is BTC going down so I can buy cheap, /biz/ ?
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Fuck off nocoiner. The crypto ship has sailed.
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Too late. Back to work faggot
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>>2343514
you are too late.
it's a scam.
this board is LARP central
accounts are getting hackerman'd daily.
also used for Cheese Pizza

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CRYTO IS ONLY SUPPOSED TO GO UP WTF
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>>2452317
What goes down will go up. Stop being fucking babies, a couple of days of dips does nothing. Bull market incoming.
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GET REKT FAG

US DOLLAR CREW STANDING UP STRONG
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>>2452317
Pretty much every coin is up from where they were back in April. You have to be an idiot to buy in right now.

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I want in on the action, am I doing this right

>Made account on QuadrigaCX ( Canadian exchange)
>Buy bitcoins / ether
>Make account on some random exchange that trades less popular coins
>Transfers my coins from Quadriga to that exchange, then buy the shitcoins with the bitcoins

Is this the correct way to do it?
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also ignore that picture, that is totally the wrong one lol
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Yeah pretty much. Try not to lose all your money.
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>>2343447
I am thinking of dropping $100 on some of these low value coins. I am prepared to lose it, given the potential to gain.

I am trying to research into the tech behind some of the coins, but I must admit, some of the technical stuff is over my head

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The Whale Cartel is planning to dump DGB tonight. Bigger than any dump in the history of crypto.
They don't want this information public, they put a price on my head, but it's the right thing to do, you are my friends.

Heed my warning and SELL! Don't RISK losing it all. If you don't sell NOW, tomorrow you will be in a deep depression.

SELL now, before it's too late.
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>>2343408
Kek fuck off at this FUD.

Look how amazing DGB is doing right now.
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What's with all this fucking anti-DGB shilling this morning.
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>>2343419
People still want to get in cheap. This thing is taking off like a rocket.

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BUY DGB BUY DGB BUY DGB

https://www.youtube.com/watch?v=Fdb_O91d92M
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>BUY DGB
No.
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>>2452597
how much do they pay you to post this in every DGB thread.
Your shilling is weak, at least change the file name.
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>>2452619

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two massive buywalls, totaing 43 btc, should i buy in before the pump starts or wait till its running
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Never heard of this coin before. Looks like it hit an all time low, but there are also some high sell walls. I'd wait a bit to see if volume increases and if the walls are being eaten at all. Looks prime for a pump desu senpai.
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Nubits more like nu/biz/
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>>2343499
the coin for us all, get em goy

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Back to 2.5k sat soon?
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>>2343383
Shhh... don't let the Normies find out.

It is the only thing that kept my portfolio even when ETH/BTC started fallin'
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>>2343398
One of the few that hasn't taken a hit
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>>2343383
Oh fuck you.

I put $50 on this thing weeks ago and it's been $35 ever since.

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who else /doubling down/ on the dip and purchasing more coin?
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>stabilizes at $2500
>crashes to $2200
repeat until $1600 in 2 weeks
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>>2452171
You must be fucking retarded. This whole thing is gonna end soon. Are you that naive that you think it'll last forever. Get a fucking job
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me and im 12

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Never hear anyone say anything good about these, or anything at all. Why?
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Because they're shit disappointments
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>>2343362
ETC may increase in value soon, it's just ETH without a centralisation problem.
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>>2343362
Becuz you never make much gains with all of them.

All of the hype has died down a longggg time ago.
This goes the same with Golem/Gnosis.

Stagnant water friend

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Can someone explain maker taker?

On poloniex, it's .15/.25%.

Say I buy xem at .0000770 and sell at .0000773. Would I or would I not make a profit? Beginning to think I'm mathematically retarded
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>>2343355
I invest like Frank Reynolds, wad of hundreds and magnum condom. Let computer do math for you dipshit.
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>>2343355

Those are fees that Polo charges you for trades. You don't earn from them.
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>>2343407
Yeah but I don't understand how people are making profits off small price movements if charges are eating up profit

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https://www.nytimes.com/reuters/2017/06/14/business/14reuters-fintech-payments-circle.html?_r=1

[X]Goldman Sachs
[X]Baidu
[X]ETH

Hope you guys stocked up while you had the chance, this bus is about to leave the station.
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>>2452058

if you actually read the article, they are using ethereum's blockchain to sent international fiat payments, it actually has nothing to do with ETH the currency and hence would not cause it to "moon" unless you are an idiot.

This is as stupid as the XRP shills who said XRP was going to moon because Santander bank was making an app that uses the Ripple network to send payment.

Looks like the ETH shills are starting to get desperate, I don't blame them, the crash is right around the corner.
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>ETH is about to moon..

>Implying ETH isn't already on the moon and you assholes are playing mini golf and drinking mojitos while sending transmissions back to earth telling people another rocket is on the way.

Fuck You
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>>2452058
NOOOOOOOO USE FUCKING WAVES FOR THIS INSTEAD REEEEEEEEEEEE

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Anyone know where to find the list of finalists and where/when the winner will be announced?? I cant find this shit anywhere
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You didn't even look.
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http://www.techforintegritychallenge.com/wp-content/uploads/sites/3/2017/02/Citi-Tech-For-Integrity-Challenge-Demo-Day-Finalists.pdf?x
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>>2343256

Google.

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Does anyone have that post about how whales generally operate? Would love to give it another read.
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