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Archived threads in /biz/ - Business & Finance - 4759. page

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You guys realize why ALL crypto markets are down, right?

>Cryptocurrency proponents are also worried about a bipartisan bill being introduced in the Senate by Iowa Sen. Chuck Grassley and California Sen. Diane Feinstein called the Combating Money Laundering, Terrorist Financing and Counterfeiting Act." Bitcoin.com called the bill a "pit bull assault on bitcoin freedom," because it would treat digital exchanges more like banks, subject to greater reporting requirements. The bill was introduced on May 25, but has not advanced to a vote.
http://www.zerohedge.com/news/2017-06-14/you-wont-believe-stupid-new-law-against-cash-and-bitcoin

https://www.grassley.senate.gov/sites/default/files/judiciary/upload/Money%20Laundering%2C%2005-24-17%2C%20Bill%20Section-by-Section.pdf

Write and call your republican senators and urge them to block this garbage.
128 posts and 18 images submitted.
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>>2460963
>Make an anonymous cryptocurrency you don't physically posses illegal.

It's pure lip service. Besides, you know what happens to shit when the government starts a war on it: $$$

Otherwise people will just head to XMR and it can finally get the love it deserved.
>>
>>2461004
>Make an anonymous cryptocurrency you don't physically posses
Do you think the government gives a shit? They will just make you surrender your assets and give the keys to any wallets you may have. If you don't, you get detained indefinitely.
>>
>>2460963
By the way, the relevant section in the linked senate.gov document:

>Certain monetary instruments, referred to in Department of the Treasury regulations as prepaid access devices, and often referred to as stored value cards, are increasingly becoming effective mediums for criminals to hide and move funds across the border because they are more easily concealable than cash, and they are not covered by reporting requirements. Section 13 would amend 31 U.S.C. § 5312 to include funds stored in a digital format within the definition of monetary instruments. This would effectively subject those devices to anti-money laundering reporting requirements under the Bank Secrecy Act, in cases where the value stored is above$10,000.

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HOLY FUCKING HELL

I AM GOING TO LIGHT MYSELF ON FIRE

MOTHER OF FUCKKKKKKKKKKKKKKKK
14 posts and 6 images submitted.
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>>2460962
>buy ark
>it crashes
>then btc crashes
>now everything is crashing
>>
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>>2460962
>-0.8%
>wants to die
>>
>>2460962
we told you not to anon.

LTC is about to lift off. This is your last warning.
14 posts and 4 images submitted.
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how many last warnings are you going to give?
>>
>>2460940
Yea, seen this "warning" many times now..
>>
>>2460938
I'm actually surprised at how stable LTC is.

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It really looks like a roller coaster!
15 posts and 6 images submitted.
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>>2460911
b-but r-rollercoasters are supposed to go up again too right? he he
>>
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>>2460933
>>
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>>2460944
Bite me.

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How do I buy and sell cryptocurrency?
15 posts and 2 images submitted.
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Get the fuck out
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>>2461070
Kys.
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>>2461094
no you kys, please die. you don't even know how to use google, you are useless.

Failure to everyone in society, shoot yourself.

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Which alts should i buy with BTC/ETH i bought at ATH two days ago?
11 posts and 4 images submitted.
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>>2460726
DOGE
ARK
DGB
>>
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>>2460726
I escaped to ARK yesterday and I am glad I did.
>>
>>2460726
STRAT, ARK, ANT, SC, WINGS

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https://www.youtube.com/watch?v=iOm2TExHjDQ
Buy this coin, its still young.
You've been warned.
17 posts and 2 images submitted.
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Already in for 1.4 million at 33 sats or less...

I remember when ecc was the same price as ammo and I sold 2/3 of my ecc for ammo kek thanks for the lambo
>>
I panic sold eth. But I got this one backed up.

Strong fundamentals, low market cap,low supply,low price.
>>
>>2460704
Got in at 50 satoshi

feelsgoodman

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im very interested in investing in stocks and coins and such but i literally have no idea about anything. can anyone send me any links and help me learn and become knowledgeable about this stuff before i do something stupid. assume i know nothing about this because i don't

this is the third time i posted this plz respond. only reply i got was someone telling me to download the robinhood app but i still need to be approved and don't get much of any of if
21 posts and 2 images submitted.
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Who is this semen demon?

Also, buy SOUL
>>
>>2460658
dont waste your time or your parents money
>>
>>2460664
What about somebody who inherited 10,000$ from his grandfather?

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I dont understand why all of /biz doesnt just pick one small coin like CPC and everyone shills the fuck out of it on reddit and other crypto forums, and then start selling once the newfags have bought in. Its not illegal because none of this is regulated and yeah there is probably gonna be some whales who try to dump early but they cant compete with all of /biz and newfags from reddit. If /pol can work together for a common goal I think /biz can. Potentially we could make easy 400% in just a few weeks.
16 posts and 1 images submitted.
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/biz/

Where nearly everyone is a nocoiner/lowcoiner who doesn't want anyone rich but them. If /biz/ could organize a mass PnD, we'd all be rich
>>
Think about the people on this board; do you think most of them are trustworthy?

Doing a PnD requires trust and cordination, and everyone willing to put faith in everyone else with their own money. Are you going to wager 300-1000 of your dollars just because of what someone says in a discord, or a team speak, or IRC? And how do you stop people from cashing out early who just want to make 50% and not 100%?

You're trying to get a bunch of shady kids together to share money and have faith in one another. It's great in concept, but in execution you'll always have someone out there looking to get make a gain and leave you holding their bags.

But the potential to make a lot of money is there. If only...
>>
>>2460801
this is why groups that require you to pay 1 btc and post verifiable screenshots of your buy/sell orders will be the only groups that work

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SONM ICO is going on right now. Easy to get into. Spent an hour looking and the whales are trying to hush it all up for themselves.

Make up for your losses last night or use this cheap dip to get in now before it's too late.

0x2e1cc22d9A321f5a3d830e2B23eF22D986c6F5fF
11 posts and 2 images submitted.
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How are you buying? The site still won't show me anything other than the timer.
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>>2460686
...
>>
OP is scamming, thats not the real address

this is 0x3e1c44d9A32156fytyy830e2B23eF22D98Gt754

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Hey fags, I'm new to cryptocurrency and wanted to start investing sround $100/month. Any suggestions or advice on how to get started? Can you sell cryptocurrency for USD? Thanks.
20 posts and 4 images submitted.
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>>2460572
Buy ltc now. We are in a huge dip right now. Everything is low. Pretty much buying anything right now is guaranteed profit.
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>>2460593
Ltc? Explain like I'm 5. I don't even know how to buy.
>>
>>2460632
Are you from reddit?

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Swarm City (SWT) launching minimum viable product named "Boardwalk" in five hours.

Livestream to launch here https://www.youtube.com/watch?v=hYiKlP-UnUg&feature=youtu.be

Website: swarm.city

Moon or nah?
178 posts and 31 images submitted.
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> Moon

That's just a pitstop, this shits going to pluto.
>>
Sitting on 300 SWT.
>>
>>2460531
480 SWT here
Hold, or double position?
Id have to sell a small portion of my ETH or all my LTC to buy right now :/

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Economicfag here!

If you are estimating, using econometrics, the Cobb-Douglas function would you use Nominal GDP or Real GDP?

Im pretty sure that I should use the real GDP, but... inflation affects the amount of people working (phillips curve) and inflation affects investment, so im not sure wich GDP use...

Let´s discuss about it
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>>2460476
Huh?

buy the dip son, you are talking so strange
>>
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>>2460490
>>
>he thinks economics has anything to do with business and finance

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Why have I been sitting here trying to make money off of crypto when I could have been sitting here making money off of people trying to make money off of crypto?

ITT: we discuss how to build businesses around cryptotrading

I suggest the following

>start making YouTube Coinbase tutorials
>start explaining what the fuck crypto is
>offer """investment advice""" and post pictures of lambos for attention
>make a profit calculator(I'm actually working on one as we speak)

What else?
21 posts and 6 images submitted.
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Did someone say lambo
>>
just like the gold rush.
sell mining equipment
>>
>>2460442
thanks for the ideas
i might not beat you in all of them
but i will make sure the niche gets filled and no one makes any money)))

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There seem to be network issues similar to previous ICO's. We apologize for the inconvenience. We want to make sure everyone who wants to get in can get in. We have opened up a secondary address with smaller cap: 0x2e1cc22d9A321f5a3d830e2B23eF22D986c6F5fF
It will give a 15% bonus for the first 1000 ETH.
Use a gas limit of 200000 to the transaction goes through in a timely manner.
Link to the transaction when completed and we'll confirm that it went through.
11 posts and 3 images submitted.
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>>2460428
Just sent you guys 2 ETH. I´m new to this but I hope that SONM is a good investment.
>>
>>2460428

Scam. Literal scam.

All you have to do is a little reading. The whitepage is just full of buzzwords, and the facebook has the same people saying things like "Good" and "Nice" and "Awesome project" on every post.

BTFO
>>
>>2460468
You don't want cocaine golem?

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