Archived threads in /biz/ - Business & Finance - 4986. page

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Turns out insane guy was right I trusted these fools!

>>2304581
>>2304581

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A brief introduction to /biz/ terms for newfags (like me).

>HODL
"Hold" misspelled. Also "Hold On for Dear Life", aka "Hold On Don't Let".
It comes from here: https://bitcointalk.org/index.php?topic=375643.0

>ATH
All Time High (regarding bitcoin price).

>Dolphin
They show themselves in the exchanges with orders of 1000 BTC, every now and again, and the common perception seems to be that the orderbook “whales” are the heavyweight players who move the market and can manipulate price if they so desire. However, this view is inaccurate. The fact is that there are even bigger players than the so-called whales, who do not engage in the Bitcoin market via the dinky web interfaces the exchanges offer us, the “retail market” (small fish).

>Whale
The term “whale” is frequently used to describe the big money Bitcoin players that show their hand in the Bitcoin market. The large players being referred to are institutions such as Hedge Funds and Bitcoin Investment Funds. These funds typically manage hundreds of thousands of bitcoins, which they strategically and covertly put through the exchanges via special arrangement – out of sight and obscured from regular retail traders. With their large capital mass, institutions can move the market at will. It is here where the metaphor of a Bitcoin Whale comes into its own because any other inhabitant of the ocean must simply get out of the way, or be moved forcefully. Additionally, no current is strong enough to deflect the whale from its course, so its intention becomes the way.

>To Moon (as a verb) / To the Moon
When the value of a cryptocurrency is going to raise really high.

>To dip (as a verb) / In a dip
When the value of a cryptocurrency is going to fall, or already fell.


Feel free to correct me if I'm wrong, or to add new terms.

Tips are welcome.
1Fpi2x5FQnSVUheQqpod2RFNtdP5DpbC2k

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>scanning your passport, bank bills and and credit card and sending them to a scamcoin exchange
What could possibly go wrong.

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I thought bitbean was a joke. 560% for fuck sake why didnt you tell me

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You dumb fucks, you're all missing the best coin on the market. Look at that graph. See you all on the 15th:^)

Don't say no one told you so.

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what are your heaviest bags?

Mine are XRP and XEM. They've done fuck-all except go down or sideways since I bought in.

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Byteball, a well kept secret.

> Why is it a secret?
Because you get free byteballs, and people don't want to get less byteballs.

> Free?
The coin is premined, and the creator gives them away every month.

> How?
You get coins by linking your BTC address (the process takes 10 mimnutes at most, a bit more if you're bad with computers)

> Yeah but why?
The creator researched what makes a coin a success, and determined that the more people have the coin, the more successful it is (Dogecoin is still up there, because everyone was giving them away at the start, a lot of people have it).

> Give me more information!
https://bitcointalk.org/index.php?topic=1608859.0
Basically if you buy now, by June 9th, you get 20% more (and some blackbytes too)

> TL;DR

> The snapshots of Bitcoin blockchain and Byteball DAG for the 6th round will be taken on the Full Moon of June, on June 9, 2017 at 13:10 UTC. What you receive, is proportional to your balances in BTC and Bytes:
> BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
> BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
> Bytes to bytes: 1 byte on any Byteball address gives you 0.2 new bytes
> Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.42222 blackbytes

> In B4 greedy jews telling me to delete this thread.
THE SUCCESS OF THIS COIN DEPENDS ON HOW MANY PEOPLE OWN IT

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The most profitable meme-coins have mascots.

What characteristics will LBRY-chan have?

Personality:
Body type:
Style of dress:
Hair colour:
Other:

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What are the easiest and most importantly Cheapest exchanges to buy bitcoins for Kiwis?

Already know about LocalBitcoin but it is a huge Ripoff with the markups of sellers.

Maybe the best Aussie exchanges could work for Kiwis also?

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Hey guys, im brand new to crypto currency. How should i get started? I can spend a little over $200 a month. Thanks

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What does Biz think about Aeternity? ICO going on right now.

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Capable of eight times as many transactions as Bitcoin in a ten minute period. Frankly if payment processors had adopted Litecoin in the past year current Bitcoin block discussions would be irrelevant (and likely the price of both coins higher). Anyone who has watched these discussions understands the immediate advantage of a network with larger transactional capability.
Faster confirmation times. The only people who don't think this is important have never spent a single coin or they have patience that the average person does not possess.
Continuous development look here at number of releases in past few years: https://github.com/litecoin-project/litecoin/releases
Upcoming new features and active development look here for whats happening in 2017: https://litecoincore.org/
Unlike bitcoin, it is possible to make changes to litecoin.
Liquidity. You can sell thousands and not crash the market. Maintains value. Look at the chart here indicating volume in the last 24 hours relative to other coins http://coinmarketcap.com/currencies/litecoin/#markets in fact volume has remained high month after month for years.
Now on coinbase and will be on bitstamp in June.
Fair release. In a crypto world of premined and ICO releases many appreciate this fact. The code was released well before the Genesis block was mined and everyone knew when it would be going live; therefore, individuals could anticipate and get their miners and software ready.
It's primary function is to be a cryptocurrency.
It will always maintain the integrity of the blockchain (no hard forks for special interests).
Recently activated segwit on it's network with virtually 100 percent consensus.
The possibility of utilizing sidechains for smart contracts without the possibility of corrupting the original non-turing complete blockchain.
Potential of using the Lightning Network as a method of increasing transactional capacity.

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Okay, so I'm homeless, and I was wondering if anybody knows what I should do.

I can't get a job, I've tried, I've updated my resume, I've walked into places... I've tried EVERYTHING to get a job and can't.

The state won't give me anything, other than 194 dollars a month in food stamps, which I appreciate.

What would you do in my position? Can anyone figure out what kind of business I could start with no money? And I don't drink, smoke, or do drugs, so I wouldn't waste any profits.

I have access to the computer at the library.

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First one to get >>2333333 gets 10 waves from me

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ETC has been forming a steady meme triangle for 12 days. When the fuck is it gonna explode? Any minute now?