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Archived threads in /biz/ - Business & Finance - 5075. page

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>Be me
>Shitty job, make like 750$ every two weeks if I work 40 hours a week
>Read the famous catfishman story from /b/
>Start catfishing for shekel
>Can make 500$ or more in a good week of catfishing
>Invest almost all catfishing and job money into crytpos because I'm a NEET

What are some other easy incomes that you /biz/bros have? Doubt that any of you will throw something out there as basic as catfishing and such but I'm curious
28 posts and 2 images submitted.
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>>2253764
Is this shit illegal in anyway?
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>>2253792
I asked a cop once and he gave me one of those yes but no answers, it would most likely tbe too much of a hassle for any reasonable person to report, find, and arrest you. As long as youre not stealing their info and shit you should be good
>>
>>2253800
it really must be crazy what some fully automated setup with bots must rake in, do you do this manually?

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Would now be a good time to invest in Litecoin? I already missed the ETH moon landing. Will Litecoin get me my Lambo?
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>>2253736
Why yes? Does it have the potential to be the next ETH? $27 a coin seems cheap enough.
>>
>>2253734

I think it will go up to $35-$50 by August.
It definitely won't make you fast money like an ICO or a coin that gains 100-200% in a day but it's viable if you like to hold.
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>>2253757
its being added to BitStamp 'early June 2017'

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>What is ARK?

Recent activity
>https://blog.ark.io/
Roadmap
>https://ark.io/roadmap/
Whitepaper
>https://ark.io/whitepaper/

ARK is meant to be a push-button deployable blockchain that can be replicated and forked by startups and other companies that seek to utilize the ARK business model. In other ways, it is comparable to coins like LSK and SHIFT. These are coins that will utilize IPFS, a decentralized means of storing data.

>What is IPFS?

IPFS is a peer-to-peer hypermedia protocol to make the web faster, safer, and more secure. It has been lauded as the next iteration of the internet and a replacement for HTTPS. For more on this:

IPFS Wikipedia
>https://en.wikipedia.org/wiki/InterPlanetary_File_System

IPFS.io site
>https://ipfs.io/
>https://ipfs.io/docs/getting-started/

Newsweek article
>http://www.newsweek.com/how-ipfs-reimagining-internet-512566

There are several coins that are currently implementing IPFS in some form or another, ARK is one of them.

>B-but how is ARK different?

ARK is developing 'Smartbridges' -CONT-
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>Smartbridges

https://blog.ark.io/what-is-the-ark-smartbridge-and-how-does-it-work-1dd7fb1e17a0
It is developed by the ARK team to allow intercommunication between the BTC, ETH, ARK, and LSK blockchains, among others.

>What does that mean?

One example of using Smartbridge is the transfer of payments through various blockchain networks. This allows users to send a transaction with a specific amount of ETH from ARK, directly to the holder of the ETH account, once the information is processed and verified. Other applications will eventually lead to the transfer of data for user profiles, service ratings, contracts, and other applications. The use cases really are endless.

Another use case could be a 3rd party coin exchange service may look for specific triggers and handle cross blockchain payments for their customers. For example, You have ARK but want to pay for a movie using Netflix Credits but you don’t have any Netflix Credits. You could go through multiple steps to transfer into these credits to watch a movie but because you are a member of Bob’s coinshift platform, you can send an ARK transaction to bob with the instructions to pay for the video you want to watch with Netflix Credits on your behalf. This would not require Bob to be there and would be handled by the Centralized and Decentralized system that Bob’s Coinshift provides instantly for the consumer.

Now onto my predictions -CONT-
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>My analysis

I have been watching ARK ever since it launched in mid march, and here is what I've learned:

>ARK is relatively stable
>ARK has had 3 significant surges
>First one at launch
>Second one was several days later
>Third and last pump was a couple of weeks after that
>Since then, it has been on a slow descent to around 10k sats
>At around this level, it had stabilized for a couple of weeks
>Volume has been relatively low despite showing 70+ btc as a result of bot activity

Now it has begun to rise, much in the same way that it had prior to the other pumps. When the volume actually begins to take off (200+ btc) it will most likely surge. Remember, the volume that you see now is mostly artificial due to bots. These surges are almost identical to each other, so I would expect that it will take off soon. (Within the next few days)

BUYER BEWARE: I have noticed whale activity. There is a whale that occasionally puts up a 48btc sell wall (161k ARK) at 30k sats. There is another (or maybe the same whale) that puts up a 21btc sell wall at around 50k sats. If you are looking for a P&D coin, beware these regions... they will surely cause a dip.
>>
https://youtu.be/7AUGpmcp9rk

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>explain to me why etherium is worth money

I understand why bitcoin is worth money. It has a fixed value, and explicitly designed to be a store of value. Sort of like gold. But why is Etherium worth anything? What is one unit of Etherium? The technology being used (blockchain and smart contracts) doesn't care about quantities of Etherium at all. And it is fiat (more can always be created). I don't get it. Can someone explain?
24 posts and 5 images submitted.
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I'd also like to know
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Me three!
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Explain first how fiat is worth something.

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Buy and hold thread. Here we discuss slower crypto trading rather than riding waves and catching trains. I'm interested in coins that have good fundamentals and have real potential to "moon" over a slightly longer term. On my radar:

Currently holding:
>MYST
Decentralized VPN
>GNT
Decentralized computing
>WAVES
Similar to ETH as far as I can tell
>ETH
Muh flippening

Looking into:
BCY
BTM
BURST
DASH
DCR
DGB
FCT
GAME
GNO
GRC
GUP
LSK
LTC
NXT
OMNI
PEPECASH (for fun)
PLU
REP
RLC
SC (*)
SHIFT
SJCX
STEEM
STR
STRAT
TAAS
TKN
WINGS
XBY
XEM
XMR
XRP

Post your portfolio/fundamentals/etc.
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>>2253538
ROLL ROLL ROLL
>>
Somebody please give me a rundown on Maidsafe coin
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>>2253552
potential Amazon Web Services competitor

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SILVER IS MOONING GUYS BUY FAST!!! JUST LOOK!!
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>>2253331

buy litecoin
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>>2253331
Fuck off grandpa
>300% increase
>for years
>my sides
>>
I know there are concerned gold/silver holders on this board. Things I'm hearing is that long term moving averages on gold seem to be starting to bottom out (indicating upward pressure in the near future). Silver should follow too.

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I just took out an $11k loan at 6.9% APR for the explicit purpose of buying ETH in the next few days once it clears my bank.

Am I crazy? It's only 2 points higher than my mortgage and I have the reserve funds to cover the loan if need be.
64 posts and 4 images submitted.
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>>2253304
If youre not a degen and go all in and then put more money in it go for it
>>
>>2253304
eth is the strongest there is, but it's impossible to time the market anon, and I would never buy with borrowed funds personally
>>
You're good dude the gains will outweigh the interest I'm about to max another credit card

ETC MOONING
GET IN NOW
29 posts and 7 images submitted.
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>>2253300

But why ?
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>>2253348
Don't you like free money?
>>
ETC > ETH

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Are they in stock anywhere right now?
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>>2253018
Who cares? Those are such a waste of money imo. Just use a paper wallet.
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>>2253018
i have an unopened limited edition litecoin nano s i'll sell you
>>
>>2253029
How much?

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The only coins that matter in the current state of crypto:

BTC, ETH, DBG, XRP

The only coin that matters in the upcomming ICO flood:

Bancor

Not shit tier but will make you some money. These coins twill net you 4x your money in a year (unlike 10-100x like the actually useful coins):

GNT, SC

Strat and Waves will die when Bancor takes market lead.

Remember, for a coin to be god tier it must-

1) Be useful as a CURRENCY to BUY shit with
2) Have a MARKET and MARKETING STRATEGY (which DBG really slammed out of the ball park this year, and I'm talking about legitimate marketing sectors, not talking about the retarded hentai girl memes)
3) Be worth trading FIAT MONEY for
4) Be difficult to overthrow (for example, waves will immediately die after Bancor, and Strat will follow. NEM will prove itself useless very soon as well)

Not even a shill, just don't want you autistic retarded NEETS to lose all your money. Good luck.
55 posts and 6 images submitted.
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>>2252913
>BTC, ETH, DBG, XRP
And XEM too, getting traction among gooks
>>
>>2252941
No, not NEM/XEM. It'll die with LTC. Cash that shit out now while you can.
>>
>>2252913
Genuine question: Many say that the scalability issues are a huge issue for bitcoin, so it cannot be used as your everyday payment system - and NEM/XEM is basically BTC without these issues. What is the counterargument?

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Someone give me a quick rundown on Bancor

Is it worth investing in at the ICO? I'm considering dropping $5k into it.
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>>2252792
...they delayed it, what do you think?
>>
>>2252792
>investing in at the ICO
>considering dropping $5k into it

you meant $5k as gas did't you?
>>
>>2252805
>they delayed it

Is that a good thing or a bad thing?

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ELON HAS QUIT FROM TRUMPS COUNCIL

SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT SHORT
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which exchange is this coin on
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>>2252637
Don't short it, in this market that's a reason to buy 10,000 more shares
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>>2252637
elon musk is a retard

the paris accord allowed china to build countless new coal plants but forbids america from doing so


what the fuck paris?


trump is right 100%

Is it true that ETH is now accepted on the darknet as payment? If yes, does anyone know what percentage of merchants accepts it? A friend told me that it's gaining a foothold, but I don't know if it's really true or not.
25 posts and 2 images submitted.
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>>2252553
how is it to check it by urself ? you talking like dark net is a secret place fagot, you just get tor and go on hidden wiki, literally take 2 mlinutes to check it
>>
Anyone?
>>
it's being adopted slowly

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>he reports his crypto gainz to the IRS
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>not using your first k to move to the Bahamas
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>>2252492

>not saving up to move to Japan and live the 4chan dream

Imagine 2005 /b/ or 2008 /x/ or /g/ and all of them seeing us now. I mean, I know plenty of us are still around, but back then we were only really dreaming about days like this.
>>
>He doesn't report commodity gains on an exchange registered with the SEC

Enjoy the visit from the IRS next year. They use better lube than the state revenue people.

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>mfw Ripple is starting to rebound.

Bagholders report, how deep are you still in? Still at a $200 dollar loss but looking forward to seeing green this week, hold strong brothers ignore all fudposters we're going to make it.
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Had a long position at 16k. STUCK IN FOR 2 WEEKS. Feeling optimistic again.
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>>2252372
>2 weeks
Hold this shit for 3+ years. You'll all fucking see.
>>
>>2252364
Knowing you guys exist is why I don't trade this jewcoin

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