Archived threads in /biz/ - Business & Finance - 5343. page

>>2080086
60/40 forget LTC

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>>2080086
>he's just going off what's on coinbase
>he's using coinbase

off to a great start OP

For Hodling, I always suggest Gemini. I only use Coinbase for alts because instant transfer.

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>>2080064
>$7 an hour
>Work 20 hours a day, make $140
>Work 7 days a week = $980 a week
That's good pay, anon. Don't be ungrateful.

>>2080087

But he wouldn't operate that many hours a day, and the depreciation costs would completely actually potentially put him in the red.

>>2080064
at least you didnt crash your fucking car while ubering and not getting any fucking help from uber at all

So i have 25k xby
Do you see it going to $1?

>>2079790
If everything goes as planned it could by Christmas at the latest. We are at stage 3 of 5 on the roadmap and the marketing guy seems pretty confident that borz can get this done in 2-3 months.

>>2079790
Not gonna happen, look at the marketcap

>>2079734
Just started on bittrex last week infact with .0036BTC and got up to 0.0145BTC few hours ago.
300% a week or bust mah nigga

>>2079734
yeah its possible

literally, just buy low and sell high on a 5 min interval with one coin

Only problem is you can catch a falling knife.

>>2079734
5% per day is a bit low nowadays honestly. Might be a different case when the market slows down though.

buy ETH

2.66 div yields? Not much of a savings account.

>>2079351
>puts money into an appreciating asset to buy a depreciating asset

kys you degenerate asshole.

Blockchain is the world's worst database, created entirely to maintain the reputations of venture capital firms who injected hundreds of millions of dollars into a technology whose core defining insight was "You can improve on a Ponzi scam by making it self-organizing and distributed; that gets vastly more distribution, reduces the single point of failure, and makes it censorship-resistant."

That's more robust than I usually phrase things on 4chan, but you did ask. In slightly more detail:

Databases are wonderful things. We have a number which are actually employed in production, at a variety of institutions. They run the world. Meaningful applications run on top of Postgres, MySQL, Oracle, etc etc.

No meaningful applications run on top of "blockchain", because it is a marketing term. You cannot install blockchain just like you cannot install database. (Database sounds much cooler without the definitive article, too.) If you pick a particular instantiation of a blockchain-style database, it is a horrible, horrible database.

Can I pick on Bitcoin? Let me pick on Bitcoin. Bitcoin is claimed to be a global financial network and ready for production right now. Bitcoin cannot sustain 5 transactions per second, worldwide.

You might be sensibly interested in Bitcoin governance if, for some reason, you wanted to use Bitcoin. Bitcoin is a software artifact; it matters to users who makes changes to it and by what process. (Bitcoin is a software artifact, not a protocol, even though the Bitcoin community will tell you differently. There is a single C++ codebase which matters. It is essentially impossible to interoperate with Bitcoin without bugs-and-all replicating that codebase.) Bitcoin governance is captured by approximately ~5 people. This is a robust claim and requires extraordinary evidence.

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>>2079328
ETH about to moon again.

>>2079331
Ordinary evidence would be pointing you, in a handwavy fashion, about the depth of acrimony with regards to raising the block size, which would let Bitcoin scale to the commanding heights of 10 or, nay, 100 transactions per second worldwide.

Extraordinary evidence might be pointing you to the time where the entire Bitcoin network was de-facto shut down based on the consensus of N people in an IRC channel. c.f. https://news.ycombinator.com/item?id=9320989 This was back in 2013. Long story short: a software update went awry so they rolled back global state by a few hours by getting the right two people to agree to it on a Skype call.

But let's get back to discussing that sole technical artifact. Bitcoin has a higher cost-to-value ratio than almost any technology conceivable; the cost to date is the market capitalization of Bitcoin. Because Bitcoin enters through a seigniorage mechanism, every Bitcoin existing was minted as compensation for "security the integrity of the blockchain" (by doing computationally expensive makework).

This cost is high. Today, routine maintenance of the Bitcoin network will cost the network approximately $1.5 million. That's on the order of $3 per write on a maximum committed capacity basis. It will cost another $1.5 million tomorrow, exchange rate depending.

(Bitcoin has successfully shifted much of the cost of operating its database to speculators rather than people who actually use Bitcoin for transaction processing. That game of musical chairs has gone on for a while.)

Bitcoin has some properties which one does not associate with many databases. One is that write acknowledgments average 5 minutes. Another is that they can stop, non-deterministically, for more than an hour at a time, worldwide, for all users simultaneously. This behavior is by design.

Self Bump

>>2079148
i thought about this same thing? what kind of things can you make?

>>2079343
Anything in the realm of CNC to be honest. Nothing too big either.

>>2078619
Buy ETH now. Make 50%-100% profit in the next week.

>>2078664
What else you got

>>2078619
Pick one of the big 3 and go with it, don't split.
I first picked eth and made some money with margin trading (gambling), now have it on ripple.

Holding BTC doesen't make much sense to me, because when it goes up, all alt coins go up with it faster, but when it goes down, not all of them go down with it.

Is OP a faggot?

I think your ball is broken

>>2078395
are you a faggot

>>2078221
Love
Happiness
Friends
Fulfillment
Intelligence
Character

money can buy dgb

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>>2078221

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>black ``person''

>>2078075
Dgb* is the next bitbay btw

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>>2078087
The founder himself

MOON
O
O
N

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CAN'T STOP
WON'T STOP

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Anons please listen to me, are you really going to miss out on this?

>>2077960
Suicide.

>Golem brass is coming up.
>Rumors of golem going on coinbase.

Good luck with your minecraft coin tho. Everyone knows gamers are the cheapest fucks.

>>2077960
You should have kept some GNT just in case. But DGB is ramping up for huge mooning soon.

>>2077976
>>2077981
From my research though, Golem is useless. LTC is better than it in every way, even after brass.And LTC is already useless. It was simply a testing coin for technology to be implemented in BTC.

>>2077958
EVERY GOD DAMN TIME

its like someone is watching you waiting.

you hodl it never moons, you sell it moons.

bought nem at 50 sats,

FUDFUDFUDFUD

it never ends.

This is now a coping thread.

Buy xby anon and just HODL

HODL.

And tame thine weak hands.

remember
BUY HIGH
SELL LOW

>>2077859
Bump for moon mission

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>>2077865
Bittkeks

Mooning hard as we speak.

about to touch 400