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Archived threads in /biz/ - Business & Finance - 5501. page

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Found this: https://www.reddit.com/r/ethereumfraud/

Apparently Ethereum is not that different from onecoin. They use the buzzwords of real crypto, but don't actually do what they say. They literally took some dudes money because they didn't like him, like no one voted to do it, censored the dude, stopped the app, and still say the opposite on https://ethereum.org/
34 posts and 4 images submitted.
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>>2013960
Nobody here cares, they'll advertise (not even shilling because they do it for free) until they lose it all and then frogpost for days till the new memecoin is in.
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>>2013960
Eth is biggest Russian scam cuck coin of he century , buy Hungarian master race XBY
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>>2013960
Yes. The main problem is: there's no reason to use Ethereum. There's literally no application that couldn't be done without the use of a smart contract, it's pure dotcom-style vapourware. When the market realises this, the bubble will pop, it's only about pin pointing when it will happen.

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What percent of your money is it reasonable to invest in crypto (I don't need the majority of it for some time, I have just been keeping it in my savings account)
>inb4 "whatever you're okay with losing"
Obviously I don't want to lose any amount but not because I need it survive, and I definitely wouldn't panic sell at a loss, instead trying to wait until it rises again.

Also how many currencies are enough for a diversified portofolio? I'm thinking about 4-5 for now.
12 posts and 1 images submitted.
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>>2013941
>diversified portfolio

get that stock market meme out of here.

You put 100$ on a few reasonable shitcoins and the rest all in on something stable
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>>2013941
Right now due to saving for Japan, I only have about £400 in crypto.

I have spent some profits on a trading bot,and have lots of pennies in BitBean.

So yeah, right now £400 is out there on pooloo
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>>2014013
thinking Augur, Monero, ETH and Ripple (would buy Golem if it was listed on my exchange)
the problem with the first 3 is that they are at an ATH lol
but they'll most probably continue to rise in the long term

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Differences between Golem and iEx.ec?
14 posts and 6 images submitted.
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>>2013894
iEx.ec hasn't mooned yet
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>>2013894
Dump GNT (jew coin) and buy RLC today!
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Golem already has programmed the GUI, Iex.ec has nothing in their github.

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Poor fag here
I don't want to risk my money by buying crypto
Is it worth to build a 1 decent video card mining rig?
I would avoid risk by being able to resell it and get part of the money back
9 posts and 2 images submitted.
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>>2013844
>make money
>avoid risk

Anon, you can only pick one.
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It all depends on your power cost, below 10c/kwh is excellent, 10-12c is "ok", if you pay more mining might not be profitable for you in the long run.
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>>2013851
What's your offer?
POSW seems low, or is it just a meme?

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Is it too late to buy? If not, best place to buy?
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>>2013788
>Is it too late to buy?
obviously not

> If not, best place to buy?
https://coinmarketcap.com/assets/golem-network-tokens/#markets
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If ETH rises, Golem goes up with it. Unless Golem Brass turns out to be shit, but as long as promising results are made Golem will ride the waves with ETH and potentially the golem:eth ratio will mean an investment in Golem is better than investing in ETH, which is what I'm betting on.
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>>2013788
Yes, unless you enjoy bagholding.

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>be 26 year old wagecuck
>no denbts
>$23k in bank

wat do
13 posts and 1 images submitted.
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>>2013739
Eth
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>>2013742
This.
Just a quarter of that will make you well off by this time next year.
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Even if it is not ether just invest. Do yourself the favor of not being a dumb fucking normie and buying a new car or down payment on a shitty house. Invest and diversify and rake in the money. After 5-9 years of investing you will not know how you lived before

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Let's take a break from cryptocurrencies for a minute shall we?

Firstly, I'm in Australia. I'm looking at putting a couple hundred a month into physical silver, probably American Silver Eagle 1oz coins. Buying in 20 coin tubed lots, every other month.
Eagles because I previously held a little bit of silver, needed some cash and sold it all. The eagles were the fastest to sell and I made the best return on them despite them having the highest premium of the coins and bars I sold. Last ones I bought were at a much lower spot and a much better aud:usd exchange rate but I still think they're a better option than local silver.

Not going to make me rich, not likely to lose it all, bit of insurance with small chance of improving.

Thoughts?
13 posts and 2 images submitted.
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>>2013723
>Buying physical metals
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>>2013726
Yes, to highlight I'm not interested in ETFs
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Nothing wrong with holding a small percentage of physical metal

I thought the Australian mints had a good reputation, wouldnt local be better for you?

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Alright lads, help me out. I've got about £9,000 and am seriously thinking about putting it all in Eth this week. Am I crazy to put in now or should I wait in case of a possible dip??
16 posts and 2 images submitted.
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Why would you put 100% of your savings in a single thing you fucking retard?
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>>2013725
bigger the risk, much bigger the profit or well, can also be bigger the lose.
>>2013712
it is always smart to buy in low but at times like this ... boi I wouldn´t even care right now about dips
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>>2013725
This.

Also, nobody here really knows. But I personally do think we could keep going up, the dip was from 0.061 to 0.058.

Anyway, the best answer is to dollar cost average, (buy £1000 a day for example). That should give you a good entry incase of a dip, and if it does just go up then you still win.

Also, buy some btc. I'd suggest 50/50 with ETH if you're new and you want to avoid risk.

Give one good reason why BTC is worth anything long term, cite a source other than (you).
10 posts and 2 images submitted.
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>>2013634
It's worth something because it is the most known.

It will likely be replaced by ETH, though.

How fast is the real question
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>>2013634
ill buy them all for a penny now fuck off retard
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>>2013634
Sauce op?

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What does /biz/ think of Japanese trader BNF? Is this guy proof that human traders can still beat the market?

>1999 - ¥1.64m ($16k)
>2000 - ¥2.8m ($27k)
>2001 - ¥61m ($580k)
>2002 - ¥100m ($956k)
>2003 - ¥270m ($2.58m)
>2004 - ¥1bn ($9.5m)
>2005 - ¥8bn ($76m)
>2006 - ¥15bn ($143m)
>2007 - ¥16.5bn ($158m)
>2008 - ¥21.8bn ($208m)

https://www.youtube.com/watch?v=La-WIYNjgoY
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tl;dr

Anyone unable to login to bittrex? I'm getting a 404 error.
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>>2013592
take it to your shitcoin threads friendo, the big boys are talking
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>>2013588
Of course they can. Just take a look at her. Outperforms every memecoin

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So retards are still taking loans for insane rates. easily over 100% interest APR with compounding EVEN ON AN ASSET THAT IS INCREASING IN USD VALUE AHAHAHAHA. Tried out poloniexlendingbot and it seems to be working. Seriously if youre trading right now and not lending youre an idiot.
18 posts and 1 images submitted.
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What happens if they just don't pay it back?
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>>2013505
I took your loan and made 2btc in 2 weeks at a cost of 0.017btc in loans

Last night i took out loan and made another 0.7 btc at a cost of 0.007btc in fees

So i used your btc to make 2.7btc in 2 weeks and gave you 0.024 btc for the privilege.

Who's the idiot?
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>>2013552
its gradually paid back automatically as positions are held open. they cant avoid paying.

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few questions for the cunts that have missed the early ETH train...

is it possible that it will become the next BTC and reach over $1000

is it too late to buy?

is it worth investing $300 AUD, if so what is the best platform to buy ETH from?|

I heard it's going to tank when it reaches $100
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Yes, get in now.
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never buy high, just accept that you missed the train like me and look for better opportunities, POSW will bounce back after this drop, easy 2x
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>>2013518
so you're saying buy POSW now?

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I'm too pussy to quit my job /biz/. What do? I feel that when I quit my job, my current employer will get mad at me and my coworkers will hate me.

I just need to click the Send Email button with my resignation letter and be done with it. But it's been 5 hours already and I still can't do it. Should I tell my employer first I have plans of quitting? I feel she will go beast mode on me. What do /biz/?
17 posts and 3 images submitted.
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> I feel that when I quit my job, my current employer will get mad at me and my coworkers will hate me

Who gives a fuck, you're out of there. As long as you're leaving on good terms and can still use them as a reference as needed it's fine, not your problem if they can't act in a mature / responsible manner, not worth the time or feels man.

> I just need to click the Send Email button with my resignation letter and be done with it.

Should do it in person desu famalam, otherwise if you're working offsite or something, then a phone call or something.
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>>2013483
If you will leave the job, you don't need to worry about what your boss or coworkers will think about it, you will not come into contact with them anymore, they're probably bot your idols either.
You can quit whenever you want, it's your time you are giving up for the job and it'snyou who decides where to spend it, not someone else, although if there is a project running, in which you are invovled it would save you from being a dick if you finish it or if you actually work on it a few days or a week after giving notice, that you're quitting, so they can find a replacement, that's just good manners and karma.
Bottom line is you should do what YOU think is right.
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>>2013483
I spoke to my boss upfront about it. Just told him that the job probably isn't suited to me and I'm looking to get into something new. He was surprisingly nice about it and let me leave the next week. That way you can tell your coworkers about how you're moving away. Come up with bullshit reasons for why you're leaving but preferably tell them in person. They might even give you farewell presents.

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ITT: bitch and moan about poor people habits

like i get poorfags that are fat are just lazy and want to eat junk food but they go out of their way to buy super pricey shit

>1 huge bag of potatoes at a market will cost $5 enough to make like 5-6 serves of chippies
>1 bag of oven bake chips taste like shit about 2 serves and are ~$3
plus the oven bake chips take like 45 mins to cook well homemade ones take like 15mins

>homemade pizza bases cost like 50c/pizza toppings are just leftovers so a pizza basically comes out to like $3 for a full sized pizza
>takeaway & frozen pizza is like $15/pizza
cooking is very ez
buying premade food is just giving your ass to the jews
11 posts and 2 images submitted.
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>>2013438
Why the fuck do you care? why are you wasting your time thinking so much about retards?
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>>2013438
correction:
frozen pizza's are only $3-$6 but they come with fuck all toppings so not at all worth
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>>2013441
IDK WHY I JUST DO
dont have much else to do finished all my work for the day

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I'm quitting my job as a Marketing (Product and Branding) Executive in an ad agency to work as an Insurance Broker and have more time to work on my side business.

I have been working for 12 hours a day without overtime and I believe I will be earning more if I am to become a salesman. I also don't want to work in my current job anymore.

Redpill me on sales and is this a bad decision?
13 posts and 2 images submitted.
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I'm getting tired of an office job as well.
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>>2013422
Given that ad agencies pay like shit it's very likely that you'll make more

t. worked for an ad agency
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>>2013431
>Given that ad agencies pay like shit it's very likely that you'll make more


It's not like a typical ad agency. The specialty of the company is that it promotes its clients through creating notebooks, journals and planners. Pic kind of related. We also have in house planners.

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