(SLV) Silver has dropped hard, is it worth an invest now, /biz/?
If it bounces back it's looking like a ~20% profit.
17~ this time last month, 15~ now
So I've been hopeful, but it looks more and more like this it. If silver manages to go anywhere near 17 this quarter, nothing right this moment would've indicated that. Just don't do it, if Macron wins, then I won't be surprised if a downward trend below 15 starts.
I'm a silver bagholder btw, starting to take a net short position.
So I have 4 penny stocks, all recommended by /biz/, that are killing my portfolio. I bought all of them 6 months ago, and all they have done is go down.
>RNVA
>RIG
>OPTT
>HMNY
Should I just ditch all these? Keep some?
Sell half, invest in something else. Hope a few moon.
>not investing in penny crypto
What the fuck are you doing?
>>2029783
>So I have 4 penny stocks, all recommended by /biz
Well, you could consider not buying stupid shit like penny stocks.... but no.
Let's see what business school you guys have attended. Pic related
>>2029781
>>2029781
University of Hard Labor
>pic related
>>2029781
Is business school worth it? I have a 3.9 gpa but I haven't done jack shit else (I mean I did work over the summers and all but thats it). What kind of business school can I get into?
I am about to buy a 400k home
with 60k deposit
on a 90k salary
It has 3 bedrooms but I could convert it to 5 bedrooms and sell it for $700k
Talk me out of this guys.
(Please note I already have some separate crypto coins)
Location? Make sure the surrounding area is growing and not allowing gov assisted people near.
>>2028869
How could you convert it to five bedrooms and sell it for 200k more? How does that work exactly? What kind of demand is there in your area for 700k 5 bedroom homes?
Sure, go for it, and get stuck with mortgage payments on a depreciating asset. Good luck.
>>2028916
One of the best universities on the planet is 500 meters away
How can I profit off of political division in the US?
Sell t-shirts with political slogans on them.
>>2028662
Shows like Colbert and John Oliver are like morphine for brainwashed cultural marxists. Invest in things that smugly act like they have the moral and intellectual high ground and who call anyone who disagrees with them a bigot instead of engaging in reasonable discourse
>>2028921
>brainwashed cultural marxists
says the brainwashed Drumph supporter
Portfolio thread. Post em.
I started with $1000 and made my first purchase of ETH in early March for about $13 usd. This is my portfolio today.
bump again
Whats everyone buying this week?
>>2027827
>>2027978
NICE GAINS BRO
Bitbean has just announced that its DNS seeders are up and running. This means that bitbean is now dummie proof and wont require any set up for the wallet.
This is a massive bullish signal for bean and shows that it is truely going up, and discounts all naysayers who said it had an incompetant team in it for just the pump.
>>2027152
BitBean is going to moon, that is all I am saying.
These guys know what they are doing!!
>>2027182
Bean is getting so simple and easy to use, that soon my Granny will be able to use it to wire me birthday money!
>tfw bitcoin is at $1525.
>>2026493
>tfw sold 20 at $450
>>2026502
>tfw bought 2 at $512
Why is it 1590 on coinbase?
Is it getting gox'd?
Why haven't you bought FRANCS? Do you want to stay poor?
>>2026447
implying i have not already bought FRN
Die shitcoinfags
>he didn't buy in at a thousand satoshis
For those of you who haven't been following, here's where we currently are:
1. Canada's housing didn't collapse in 2008 like the US market did. Their prices have been going steadily up all along:
http://soberlook.com/2015/02/the-canadian-housing-market-in-charts.html
2. Home prices in Toronto and Vancouver are well into bubble territory and well out of reach of most residents, as typified by this home which is being listed for $1.6 million CAD:
https://www.remax.ca/on/toronto-real-estate/na-9-fleetwell-crt-treb_c3764841-lst/
3. Most of this bubble has been caused by foreign speculators. In an attempt to "cool down" the market in Ontario, their government has passed measure which tax the hell out of people buying homes:
http://www.metronews.ca/news/toronto/2017/04/20/new-tax-rent-controls-part-of-wynne-plan-to-protect-tenants.html
4. Instead of "cooling down" the market, these measures have almost completely shut them down:
http://www.metronews.ca/news/toronto/2017/05/01/toronto-housing-market-frenzy-may-be-subsiding-say-relators.html
5. Meanwhile, Home Capital Group (the Countrywide of Canada) is in full collapse. 75% of depositors have pulled out their money, they have started an emergency line of credit, and they are looking for someone to buy out the company:
https://finance.yahoo.com/quote/HCG.TO?p=HCG.TO
6. Just like when the collapse was first beginning in the US, those with a lot to lose are screaming the loudest that there is no problem. For example, this guy who is blaming regulators for outing HCG for their irregularities:
http://business.financialpost.com/fp-comment/terence-corcoran-home-capital-group-didnt-just-fall-from-the-edge-of-a-cliff-it-was-pushed
Bottom line.... Those who remember the US crash of '08 will notice all of the same signs in Canada.
So how do I make money off of this?
>>2024671
These are the big 5 banks in Canada, all of who trade on the american exchanges:
https://finance.yahoo.com/quotes/BMO,BNS,CM,RY,TD/view/v1
You could buy puts (a bet they will go down).
Depending on how strong your stomach is, you could also short the Canadian dollar:
https://finance.yahoo.com/quote/FXC?p=FXC
I'm sure there are a handful of other companies who stand to lose when their economy collapses. It might be an idea to look at how the American economy reacted in 08.
The Canadian housing market still has momentum. The rising us stock market and housing market for the next 1-2 years will keep it inflated before spectacularly crashing
Being helpful to curious no-coiners edition
Turns out my bank account had put a block on my card because Uphold and Coinbase had requested to verify my payment details, and they thought they sounded dodgy. Just had to admit I was buying cryptocurrency to a bemused Scottish lady so that (((they))) would let me spend my own money again. What happened to my fucking anonymity lads? I thought that was the point of crypto? I've never had to submit so many identity documents in my life.
Hearing rumors that all crypto will crash massively by Friday. SELL SELL SELL NOW
>>2023090
USE LOCALBITCOINS YOU FUCKING RETARD
FRN - Francs general
Francs is the French alternative to Bitcoin designed to compete as a way of paying for goods and services.
The currency already has an app and multiple businesses using it.
SUPPLY:
11,000,00 TOTAL
1,100,000 CIRCULATING
https://twitter.com/francnoir
Video
https://vimeo.com/127851575
Announcement thread
https://bitcointalk.org/index.php?topic=1327144.0
Latest update
https://bitcointalk.org/index.php?topic=1327144.msg18691085#msg18691085
Journal
http://www.journaldufranc.com
wallet and app
http://www.frn.cash
http://www.francs.paris/wallet.html
What other altcoins can you name with this level of care and presentation put into simple promotional packages?
>>2021188
Why is thid currency so sexy looking? Will this help me get a waifu?
>>2021224
Sure, just make sure you buy an extra pair of moon boots for her
SECOND ROUND OF ELECTION IS IN TWO DAYS, LETS BUY AND SHILL THE SHIT OUT OF THIS, LEPEN ISN'T GOING TO WIN
>exchanges
https://yobit.net/en/trade/MCRN/BTC
https://www.cryptopia.co.nz/Exchange?market=MCRN_BTC
>Polls
http://www.telegraph.co.uk/news/0/french-election-latest-polls-odds-tracker/
Macron is winning 65%-35% guys, not a chance we lose.
HEIL EMMANUEL MACRON, SAVIOR OF EUROPE!
sage /
>>2031639
>Macron win
>Crypto currency boost
Pick one
>>2031653
I don't think Macron will influence bitcoin much. But if he wins Macroncoin will pump just like Trumpcoin did (But not as severe)
WHAT THE FUCK /BIZ/ IT'S BEEN STAGNANT FOR LIKE A WEEK
I THOUGHT THIS WAS KEK-BACKED
I PUT ALL MY ETH INTO THIS
Every coin does this, just buy more at this cheap price if you want.
>>2031489
ETH was stagnant at 40ish for about two weeks before the recent mooning. Give it another week faggot
>>2031495
I'm just assuming it's a good sign for stabilizing for this long.
ETH was similar when it was at $13 for months
What drives you to want to be wealthy /biz/?
Personally, I just want to fuck lots of asian trannies. This costs money.
Freedom.
I want to travel the world with my qt gf and never be a wageslave.
I want to be able to play videogames and trade crypto in my battlestation all day every day
Getting fucked over by my government and Jewish bankers. There's your tip for the day, FBI.