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Archived threads in /biz/ - Business & Finance - 5216. page

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https://s3.amazonaws.com/media.coindesk.com/live-stream/Day1_Astor.html

Get in here boys
17 posts and 4 images submitted.
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TO THE MOON FAGGOTS
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Beautiful
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First

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Hey /biz/, there's a rumor in shipping markets that Vale, the Brazilian iron ore giant, will stop using converted ore carriers (ships that were originally oil supertankers) after one sunk and several others developed cracks and other problems in the last month.

If these 20 or so converted giant ore carriers are scrapped, they will need to be replaced by an equivalent 30 or so traditional Capesize bulk carriers, which are usually employed in the Australia-China trade instead.
However, the Australia-China route takes like a month for a round trip, whereas the Brazil-China round trip takes like 2.5 months. That's a lot of extra tonne-miles, the only metric that matters.

If this rumor has any legs, the dry market will get a pretty decent boost. But it's only a rumor.
11 posts and 1 images submitted.
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Nice to see some real tips, and not about shitcoins for once. Thanks anon.
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Enjoy that 6% gain while I'm making 500% daily on crypto
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>>2147495
isn't dry bulk priced at an all-time-low?
I recall a gook shipping company that ranked among the largest in the world going under last year or so

Nice little dip of around 15% incoming soon guys, if you're day trading sell now and you'll pick up a few more for the same price in a few hours.

Don't say I didn't warn you!
19 posts and 3 images submitted.
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[citation needed]
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>>2147453
just watch the candlesticks m8, we do know how to that by now, don't we?
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$500 by end of month

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>be me
>long time /b/ lurker
>remember I visited /biz/ first time last year
>decided to check it again since I'm learning about business
>come back
>see all the bitcoin threads
>remember why I left
>proceed to post this and never return again
17 posts and 5 images submitted.
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stay poor nigger faggot
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sweet story
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>>2147317
>>long time /b/ lurker

You should stay, to buy some gaycoins

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Don't miss this one cucks.
You missed DGB , ETH , RDD ,BTC and all the other moon missions.

Once the news spread this shit will go fucking interstellar.

BUY.

https://www.forbes.com/sites/laurashin/2017/05/22/jpmorgan-chase-to-integrate-zcash-technology-to-its-enterprise-blockchain-platform/#5fc329c87a33
11 posts and 2 images submitted.
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>>2147237
but JPM is not actually using zcash, just its technology.

try harder newfag
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Volume is garbage I might buy sub 100
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>>2147266
Does it really matter? Retards will buy in and the value will pump, meanwhile /biz/ will sell at the expense of the redditor bag holders.

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newfag to crypto here, is coinbase a good idea to use, thank you.
12 posts and 2 images submitted.
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>>2147227
SERVICE UNAVAILABLE
Coinbase is currently down for maintenance. Please try again later or see our status page for more information.

sure if you like to be fucked in your tiny bleached butthole
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fucking cuckbase man its the biggest normie exchange, take a hunch? it sucks balls but it suitable for normies and noobs so you can try it if you want
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>>2147253
which online service do you think is a good idea

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When is the ripple announcement supposed to be happening? I'm still holding and staying strong, Correct me if i am wrong but isn't the big announcement at

10:30 AM PST?
1:30 PM PST?
18 posts and 1 images submitted.
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just hold guy, I'm holding, this coin is going nowhere so no need to fret.
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You buy the rumour and sell the happening. It's too late already. You can sell now.
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>>2147210
Well, I don't know if that was the announcement in the presentation he just gave, but the demonstration of the ripple network just blew ETH, BTC, NAS, LTC (segwit), etc. the fuck out of the water. Their system is revolutionary.

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I want to convert BTC to cad by buying expensive electronics (phones) from sites like newegg and then selling them on Ebay. How would i be able to do this? If I report shit to the CRA it would say i made a loss (sold phone for lesss than what I bought it for) but I would have a bunch of money in my bank account? Reason I don't want to do direct transfer to my bank account is because all Canadian banks will shutdown you account.
17 posts and 1 images submitted.
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>>2147032

> all Canadian banks will shutdown you account.

Who told you this pile of shit?
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>>2147048
internet
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>>2147032
There are tons of ways to cash out. Cash ATM's, lots of consumer products online and small businesses are picking up on it as well. You could even buy stuff on darknet markets and flip it for cash if you wanted.

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Why haven't you bought Pepecash yet? Backed by the God himself, and almost past 1000 sat.
15 posts and 1 images submitted.
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>>2146680
>not on bittrex
>unfavorable spread on cryptopia
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>>2146747
Who cares. Pepecash is practically invincible. Backed by the patron saint himself. Powered by literal meme Magic.

Pepecash is single handedly carrying my portfolio right now. Its immune to the market. Fucking ridiculous how biz continues to ignore the one coin they should be shilling the most.
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>>2146895
Shadilay brother anon

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Friendly reminder that the EEA meeting will commence at 1:30 PM EST. Get ready for massive gains.
16 posts and 3 images submitted.
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Buy the rumor sell the news
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Sys could pump any time - get in quick
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How can you have massive gains when all the exchanges are down faggot

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always remember that you got rich because of them
give something to anime/manga artists too for their excellent artworks

governments keep giving healthcare and money to stupid families with so many children that spend money for drugs
governments keep giving free money, housing, and employment to africans, mudslimes and refugees
...and the returns?
it's the cycle for their foolish politics, and we people are the ones that is always left out

silence means that you agree to me
13 posts and 5 images submitted.
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[AUTISTIC SCREECHING]
How's that for silence, dweeb!?
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>>2146540
i will start using crunchy roll instead of kissanime
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>>2146540
if I get rich off this board I will actually take the time to draw out my chinese web powerpoint.

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Who shilled this because it is now below 4k satoshi, or would you rather tell me this is a dip ?

WHERE IS MY X2 DAMMIT ?
16 posts and 3 images submitted.
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Dip I say. Part of the summit this week, should pump well at some point before Wednesday
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They haven't even announced their partnership yet. HODLR ON!!!
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Ok, I trust you anons, let's hope this goes down well.

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Alright niggers. This is the thread for finding the next ethereum. After hearing how some redditor turned $25 into 1 million on eth this is were we will discuss the next couple that everyone on /biz/ is going to buy a mere $25 worth and hold on to forever. In my opinion is gonna probably be NEM but I will be putting $25 into each of the top 10 coins on coinmarketcap. I pray for moon.
13 posts and 1 images submitted.
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yes cuz there is a new ethereum coming out every week
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>>2146508
>NEM
>already overpriced
>billions of supply

$25 USD wont get you shit for NEM, Hold out for the BAT ICO instead.
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ethereum based projects of course

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DGB Beg Thread

For every DGB I recieve I will do a pushup.
Plz no extreme kill

Get me /fit/, /biz/.

DBwGE1aKXYHyyXJiHGr2mWnVE4udkvMeT3
20 posts and 2 images submitted.
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Sent 20 dgb, I expect you to do 20 pushups.
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>>2146506
Sending 0.027416 dgb. Get it right or your mother will die in her sleep tonight
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>>2146701
Alright, so that's like 27.5% of a pushup?

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I have a few friends that have/still work at polo who are my sources for this thread and I feel this needs to be said as a word of caution to crypto users . The wallet maintenances are a lie, here is why.

Every trade at polo take a .25-.5% fee, this is money in polo's pocket that eventually they need to dump.

How it works:
1. Polo earn the fees
2. Once a coin starts to drop in price, they put it under maintenance in order to stop trades and sell what they can.
3. Usually this results in a price drop of 5-40% depending on how weak the market is and if they decided to completely dump or set sell orders.

What happens to weak-ish markets that can't handle polos share dump? Price crashes and sometimes, doesn't recover. We've seen this with XRP, we've seen this with SIA, and their dirty & foolish ways will not stop, at the end of they day they need to keep making money, and this is the best way for them to maximize their profit on fees.

While I can't confirm if other exchanges do this as I don't have that sort of proven insider info, I would not be surprised if they use this strategy. YoBit for example tend to make it pretty obvious when they do this and wouldn't be surprised if this is a standard practice for them. The worst thing about it is there is no way to prove it (since e.g polo are registered companies therefor need to abide by the law) though I think this could be classified as market manipulation IF it was proven, which is illegal.

What do I recommend? Store your coins in a software wallet, do not store on any exchange. This will allow you to sell on other exchanges if polo decide to do their dirty work while you want to sell. It's also a good indicator to know whether or not to sell. If polo want to dump, you should make a decision whether you think it's worth holding or liquidating some of your holdings.

Take this as a warning for the future, whether you want to believe me or not is your choice. Bottom line = don't store on exchanges, period.
17 posts and 3 images submitted.
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Fun fact: an XRP whale I know ($600K+) indirectly was offered to have his entire stack bought up by polo. They literally emailed him & offered to buy all his XRP up at -10% market price. That way he gets to convert his stack without risking crashing the market.

Why? Because low market cap coins are manipulated to hell and back. If you don't think exchanges are in on it you're delusional. Especially polo. 90% of these altcoin bull runs are artificial and one day it won't be so fun anymore.
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>>2146535
If this is true, it's very upsetting.
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>I think this could be classified as market manipulation IF it was proven, which is illegal.
I hope you're aware that there are currently no laws against insider trading or price manipulation for cryptocurrencies in any country. It's the wild west. We're in the 19th century stock market.

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