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Archived threads in /biz/ - Business & Finance - 5096. page

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Evening /biz/, bored banker/licensed notary here. Been a longtime lurker on the board and figured I could help answer some common questions I see here or hear from people jumping into the markets, getting into home buying, or their personal finances. Just keep in mind I am not a financial advisor! I'll keep my answers as candid and unbias as anonymity Can let me!
13 posts and 3 images submitted.
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how can i purchase nigger
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>>2238322
Can you explain taxes on cryptocurrency?

Is it (money out - money in) * tax? Is turbotax ok to file the gains?

===============
Also what do you think about NVIDIA?
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>>2238322
I have about $13k worth of credit card debt. What are the pros and cons of declaring bankruptcy vs working off the debt?

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>>2238274
At this point it's safe to say we got memed. It wont go back up m8 wait for the next pump and dump couple years down the road.
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They have alot of conferences and shit coming next month. There will be some big announcements and the price will rise. What stopped it was a (((ddos))) on poloniex, whales want to accumulate it low then blow it up like they did when it was leas than a penny.

Cant cripple the ripple.
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I'm Gona give it a couple weeks to pump and if it hasn't by then I'll probs try and get out with a 10% loss

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Oy vey /biz/raelis, the fix is in! Zencash (zencash.io, https://bitcointalk.org/index.php?topic=1819977.0 ) just launched an hour ago. Bittrex is still working on adding it, but it's already possible to mine (block explorer http://luckpool.org:8003/ ).

This coin is certified 100% kosher and is therefore guaranteed to take your faggot ass to the moon. Start mining before it gets listed so you have a jump on the degenerate masses.
16 posts and 2 images submitted.
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>>2238169
how do we mine this mr.goy
>>
Can you mine directly into your bittrex wallet address or do you need to have your own wallet?
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>>2238180

pool is suprnova. Here are some configs for your miner:

-zpool ssl://zen.suprnova.cc:3621
-zwal UserName.Worker
-zpsw x
-mport 3335
-dbg -1
-allpools 1
-colors 1
-i 7
-nofee 0

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2 months ago, i tell two friends about bitcoin and eth.

1 week ago, they hatch a plan together (without me) to use 15,000 (one of them inherited) to get into eth mining

yesterday, they ordered TEN XFX rx570 4gb and FIVE gtx1060 for a grand total of 3000$. They still need to order all of the mobo, cpu, psu, and cases.

Now, me and some other friends are making bets on if they will be successful. The numbers say they will make money as long as they can make running rigs, but what are the odds that they will fail to even make the three rigs run (these guys just plan to figure out the BIOS and such as they go) or that the eth mining game will become unprofitable for some reason in the next 100 days?

honestly, i kinda wanna watch this plan burn
14 posts and 2 images submitted.
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>>2238119
tell them power doesnt matter. suggest they buy the cheapest power available and maybe they will actually diaf
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Why waste your time mining ETH if you can just buy or mine DGB ?
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>>2238140
these guys have no clue what the hell anything not sold on coinbase is

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>China dump imminent
>ETH at all time highs
>Don't want to miss the bull run by cashing out
>Don't want to see all these gains whither away either

There's only one solution to this problem, ride the crash and buy the dip. Who's with me?
14 posts and 5 images submitted.
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>>2237973

DON'T CONFUSE ME. DO I SELL OR HODL
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>>2237979
A man who captures his gains loses no money.
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>>2237973
>dump
you mean buy for the first time

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>Kik Interactive, the creator of the Kik social media platform, plans to launch a cryptocurrency on the Ethereum blockchain called Kin to allow people to use a wide range of digital services, the company announced. The Kik chat platform is free and is used mainly by teenagers.

>Ted Livingston, Kik founder and CEO, told Reuters Kik will be the first social media app to have its own currency for public sale. He said an ICO will be held some time this year, in which 10% of the tokens will be sold.

>The company has released a white paper describing its ecosystem of digital services.

https://www.newsmediawatchdog.com/single-post/2017/05/30/Billion-Dollar-Messaging-App-Kik-To-Launch-Ethereum-Based-Cryptocurrency

https://www.cryptocoinsnews.com/kik-social-media-platform-to-launch-ethereum-based-cryptocurrency/
14 posts and 2 images submitted.
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No one uses kik anymore except prostitutes dumbass
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>>2237974
If that's true, then this could become a top 5 coin real fast. Imagine, a cryptocurrency for buying and selling sex. That's a $200 billion industry.
>>
>>2237974
>implying prostitution isn't a lucrative business

Where did you come from?

Can anyone redpill me on Ark ecosystem?

It sounds pretty enticing, but the market seems to have steadied to a floor since April. Is it worth dumping 2 or 3 Eth into this?
12 posts and 1 images submitted.
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>>2238416
also bumping for interest
>>
bump because everybody else is doing it
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>>2238435
>>2238462
how hard do we have to shill a coin to get a thread some attention on this board. shitcoins like mooncoin and pepe cash spurn more interest. says alot about this board

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People are sleepwalking into a disaster completely euphoric with this faux ETH hype train. BTC has reversed trend with highs getting lower and lows getting even lower.
The bulls are getting exhausted and this brief recovery is ending. When the ETH hype dies in 2-3 hours time, the next couple days could get blood.

Set your buy orders early.
15 posts and 1 images submitted.
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>>2237900

Nope, it's going up to $250-$300
You just have weak hands.
>>
We've pretty much entered denial phase over in ETH land. Screams of "ETH shake, hold guys" are already echoing through the chat. "ETH just taking a break guys".

None of which is ever true.
>>
Strap in, and hold on tight. We're about to experience some serious g-force

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Friend couldn't stop talking about this Ethreum three months ago. I tell him I'll throw $10k of my play money to shut him up. He makes me sign up at some fake bank site called Coinbase and I give them my ID for them to sell on the internet. Now he says I'm rich?

I check this Coinbase again today. Are these dollars real?
11 posts and 1 images submitted.
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>>2237776
You better thank him, anon. He saved you from your own dumbfuckery
>>
>>2237776
and then he larped and harped all the way home
>>
>posts a picture of forest
>implying he would be a dummy like you and not a crypto savant

How come we don't have any threads discussing personal finance on /biz/?

We need a thread discussing spending, saving, building credit, etc. on a thread and this should be it.
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>>2237745
>live at home
>whore, never gf, rent never buy
>buy the dip
>>
The only personal finance tip you need is...

BUY THE DIP!!!
>>
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https://www.reddit.com/r/personalfinance/

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What does this mean for us?
15 posts and 3 images submitted.
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>>2237734
everything else is going to triple in price and people will be even poorer than they are now.
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>>2237748
>t. Libertariancuck bootlicker
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>>2237748
Alberta here, min wage has risen to 12.50 and is going to 13.5 in October. Can confirm things have risen in price. I'm looking at you mcdonalds.

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right now while you're all shitting your pants over ETH and OMNI the real players are making their next move.

Which coin will it be?
Can you guess or will you chase it to the top with the others?
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The bean will prevail
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>>2237732
ARK!
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DGB

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Is the GDAX market not loading correctly for other Anon. It's on perma-loop reload for me on multiple browsers across multiple devices and networks. The constant reload seems a lot like server overload in a DDOS scenario.
14 posts and 2 images submitted.
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>>2237605
stop shilling your twitter account retard
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>>2237614
Not shilling. This was some rando I found while searching #GDAX to try and figure out what is going on.

Can other Anon load the GDAX market?

https://www.gdax.com/trade/BTC-USD
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>>2237685
auto refreshes dozens of tiems a second

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I'm holding Ethereum.

I'm holding Ethereum until I become a millionaire.

I put 1k in this shit every two weeks.

I'm holding. I'm holding I'm holding I'm holding. Never sell cause fuck that weak faggot shit.

I'm gonna be a millionaire

1000 coins. That's the benchmark

1000 coins. 1000 coins x $1,000 = $1,000,000

Fuck you niggers

I'm fucking gonna be a millionaire

Fuck you niggers

Also

wtf is going on what these bitcoin diehard faggots?

Like on /r/bitcoin, they make it so personal. Boo ethereum! Bitcoin vs. Ethereum! Ethereum is a fucking scam! bitcoin all the way!

are all these faggots buying up my BTC bags due to emotional reasons? Are these the same losers who bought my Hilary Clinton bags on predictit.org?

Cracks me up when people get emotional about money...it's like losing before the gun even starts the race.
18 posts and 4 images submitted.
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Good luck centipede. This is my goal as well
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the cult of ETH is just as crazy. All those ppl are fucking stupid on all sides. it's like the crypto version of "Mac vs PC" or whatever.

also nice folio, i'm mirin
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>>2237592
>anon cant into latin

centi is hundo, milli is thousand

What did they mean by this?
17 posts and 3 images submitted.
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>>2237483

its only 9am in china...

they haven't event had time to buy in at
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redpill me on Chinese ETH market
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>>2237488

You think they're dumb?

You think they haven't owned ETH via the already available BTC and are now counting on the same and taking liquidity from newfags?

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