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Archived threads in /biz/ - Business & Finance - 4890. page

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All I see on here are storys about how people are quadrupling and doubling their money in a short period of time with crypto.

Has anybody here lost money or had a bad beat that made them leave crypto? Do you regret leaving?

Lets hear some stories from the dark side of crypto.
15 posts and 2 images submitted.
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>>2370016
Posw
>>
>>2370016

Howdy, Captain Steelhands here. I held BTC from 2012 until 2016 when I started swapping it out for ETH (I'm now all ETH and ETH assets). I lost 20 - 30k after MTGox crashed, holding my bags all the way. Everything I have lost, I have regained many fold, because I don't try to day trade.
>>
lost a few btc on alts in 2014, got out it holding my last 2 and stupidly ignored crypto until may this year.

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> You missed RDD
> You missed DGB
> You missed Mooncoin
> You missed BitBean

DON'T MISS QRL! To the moon!
18 posts and 3 images submitted.
>>
kys
>>
>>2369981

>2030
>bitcoin can be bruteforced
>ethereum can be bruteforced
>every other shitcoin clone absolutely dominated
>QRL is the only viable crypto, impervious to quantum computing
>Lambos enjoyed by those that understood in the early days
>>
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>>2369988
Screenshot this and kys when it hits $100

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YOU BETTER NOT BE WRONG ABOUT DGB MOONING AGAIN
34 posts and 6 images submitted.
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it's going to mars, nigger
>>
You fucking idiot, falling for this shit again
>>
>>2369970
send all of your money into DGB right now.

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/biz/ I need help I think I just committed a terrible crime

>live in redneck area of iowa
>coworker tells me he bought 100 bitcoins 5 years ago and still has them, asks me how much they're worth
>I lie and tell him bitcoins is worth 12$ now.
>coworker and I go back to his house and celebrate with beers
>when coworker is sleeping I snuck onto his computer and stole all of his bitcoins
>drove far, far, away

What should I do? Is stealing bitcoin punishable by law? This is a true story.
19 posts and 4 images submitted.
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>>2369846
>Is stealing bitcoin punishable by law?
Yea man. You're an asshole.
>>
>>2369846
It is punishable by bro law. You're dead.
>>
I don't think they would care especially if you didn't steal a HDD

A BUNCH OF IDIOTS JUST BOUGHT IN AT AN ALL TIME HIGH
32 posts and 4 images submitted.
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Thats the only time to buy with ETH - its not like your shitcoins
>>
>>2369801
>THESE IDIOTS BOUGHT ATH AT €10
>THESE IDIOTS BOUGHT ATH AT €20
>THESE IDIOTS BOUGHT ATH AT €30

Repeat until todays price
>>
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>>2369801
>oh no! The price dropped below muh chinkymoku cloud!!!!!

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Suggestions thread.

If you had AU$5000 that you wanted to invest in crypto, where would you put it?

I'm thinking:
20% Bitcoin
40% Ethereum,
10% each in ARK, Waves, BAT, Wings.

Thoughts? Not looking to short, just looking for a solid buy and hold portfolio to build over the coming weeks
16 posts and 1 images submitted.
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>>2369778
Propably bannanacoin or dogecoin :V)

maybe even just get homeless to fight and take bets
>>
>>2369778
take a look at sia, factom and ripple
if you like waves, bitshares is similar.
>>
BTC
ETH
WAVES
GNT
BNT
ANS
ANT
FCT

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>WHY DID I INVEST IN BANCOR? I would be rich if I kept my ETH
>WHY DID I NOT INVEST IN BANCOR? I would be rich right now
Choose one.
21 posts and 2 images submitted.
>>
>>2369725
buy more of both
>>
>>2369725
Uncapped ICO for an hour and then a secret cap? It's clearly a cash grab
>>
Does anyone know if you can send more to bitcoin suisse than you applied for?

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>check blockfolio to see DGB price
>lamborghini literally roars past the cafe im sitting at
49 posts and 2 images submitted.
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Its a good sign. It means hold.
>>
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>>2369719
It is astonishing how many people on this board do not seem to understand the term "stop-limit-order".
>>
>wake up this morning
>last night bought DGB at 2245
>now see it at under 1600

The birds outside my window sound like they are laughing.

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Just broke six figs, goys

Thanks
14 posts and 2 images submitted.
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>>2369703
You haven't seen the gains in the crypto market these last 4-5 months?
>>
If this is true, then make your very first ''Roll'' in the /biz/ Rolling Game here: >>2370686
>>
>>2369680
it will feel good for a few days
but then you'll be upset until you're at 7 figs

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If I bought 20k of BTC on coinbase, sent it to the exchanges and made money, then sent back 20k of BTC to coinbase and withdrew it to my bank account, do I have to pay taxes on it? No right? Because I didn't technically "earn" any fiat money?

Please help, I want to buy an expensive dress so I can cross dress up at home. Money is empowering.
16 posts and 2 images submitted.
>>
>paying your taxes in june
>>
>>2369589
Paying tax is for jobs and shit. Having to pay taxes on gains you've made with your capital? Shit, never heard of that before. You're in the clear.
>>
>>2369608
Lol nice play on words

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The most legit advice you'll get on /biz/

Invest $200 each in:
BTC
ETH
XVG
REDD

Get off /biz/ for trading
Shut the fuck up
Hold
Check back in 6 month

You'll have 200k

Thank me later faggots
40 posts and 6 images submitted.
>>
>>2369582
BTC isn't going to double, ETH might go up 25%.

That means you're going to need, what, 200x profit on both XVG and REDD
>>
Did I fuckin stutter faggot?
>>
>>2369582
If you have money: invest in stock.
If you kinda have money: invest in ETH the normiecoin.
If you don't have money: 100% PnD shitcoin roulette.

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Normies discussion thread

Talking to my dad on the phone and he mentions he just had a $100k Certificate of Deposit (CD) that he made 2% interest on mature and now he has some cash lying around. "I think I might just buy another CD, I won't make money but I'll never lose it" then I explain inflation and how he's literally losing money but he doesn't seem to really care

Talking to my brother and he's completely uninterested in investing in any way, just "saving" by keeping everything in his savings account. That's great, he's ahead of the game, but that raw fiat just laying there gives me severe OCD and almost makes me mad

They won't listen to me and at least invest in some worthwhile assets. I'm not some expert, I don't claim to be, but they are not even trying at all. I give them even basic shit tier advice like "your age in bonds, the rest in stocks" and they don't really care.

Am I back-seat managing their money and need to just fuck off? I guess I probably am... But I'm still right

Normies thread
20 posts and 3 images submitted.
>>
>>2369553
"I'll just work, I don't want to mess around having to set it up and stuff, I don't care, it won't be that much anyway"

"20 years is way too long what the heck, why do I need to wait that long? I'd rather have it to spend"
>>
THEY'RE SUCKERS, ANON. THEY'LL DIE IN THE NEXT FINANCIAL CRISIS (WHICH IS COMING THIS SUMMER) BUT YOU WILL LIVE

YOU WILL HAVE THE OPPORTUNITY TO FUCK YOUR BROTHER'S WIFE ON THE HOOD OF YOUR FERRARI
>>
>>2369553
It means we have more time. This is good. Accumulate. When ETH shows up on the front page of youtube recommendations I will be scared.

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I am planning on setting up a 6 gpu mining rig and am looking the 1050 ti. The only issue is these cards do not allow for aux power supply and get it all from the mb. Would i risk burning something out if I got an ASRok mb capable of holding 6 gpu's?
36 posts and 4 images submitted.
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Use powered risers and you should have no problems, having asrock mobo with molex support on mobo helps too.
>>
You need powered risers or you will 100% burn the motherboard.

Also why do that when you can get 2 1070s? Scale that further later on.
>>
How much would a setup like the one pictured cost and how much hashing power would it produce?
I'm moving to a developing country that runs on hydro so electricity is less than 1c/kwh and internet is like $30US per month unlimited

<This was written on May 19th when ETH broke $100. I wonder if he's still alive.

https://archived.moe/biz/thread/2110392
55 posts and 11 images submitted.
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and this is why I bought $3k of ETH when it was $180 and will never ever ever ever ever sell unless Vitalik dies.

the thing is probably backed by the 2nd largest nuclear power in the world. Putin has a vested interest in the Flippening. It will happen.
>>
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>>2369392
I bought ETH at $9-$11

and sold it all by like may last year.

and before that I could have bought BTC at ~$200.

I also bought WAVES ICO and sold it for immediate gains on exchange. it's like 10-30x now and quit crypto right before Stratis ICO started.

You people have no fucking idea what fucking up means. Fuck you all.
>>
I'm fucking ready guys. Taking my eth to the grave.
>>2369442
Are you guy in op

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theme https://www.youtube.com/watch?v=cHCgIc4d6JM
>shill volume at an ATL
>actual discussions in threads
>posters encouraging learning
>no beg threads
12 posts and 1 images submitted.
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>>2369375
Since things are going so great, can I have some ETH pls? Give it to me.
>>
>>2369389
I only have niggercoin atm
>>
Got left bagholding an absolute shitcoin at a pnd

It's basically pocketchange, but i still feel stupid

Hold or Just Cut losses?

I'm thinking hold, the buywalls are paperthin and someone might Pump it again

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