Ethereum has surpassed a $7 billion market cap, the same level as bitcoin’s market cap last year.
The currency rose some 20% just last night, up from around $70 to a high of $85, reaching around 33% of bitcoin’s current market cap.
It's market cap, therefore, has increased from $1 billion to $7 billion in just two months.
https://www.cryptocoinsnews.com/ethereum-soars-80-reaches-7-billion-market-cap/
Next stop $100
There are no brakes on this moon mission
>>2013459
>China invest in ETH
Why is China always the convenient go to when you need to hype something?
>>2013459
>can ETH break $100?
Nope, but it'll get close.
The entire world is waiting to sell ETH if it approaches $100.
What's your thoughts on Lunyr?
Their website is ~~pretty~~ but I'm skeptical of it's value since all it offers is peer-reviewed information; There is so much information available already, isn't there?
>>2013357
Could be a 10x mooner
>>2013357
Another ethereum ICO with fancy graphic design, no new technology and vague information on what they are trying to accomplish. 3.4 million raised. Jesus christ people are dumb.
>>2013479
Doesn't matter if it's complete vaporware. Shekels are shekels my little nocoiner friend.
>he/she unironically invested in POSW
Why didn't you just pick any other coin?
>she
There are other women on /biz/?
>>2013334
of course you autist.
youre the reason why we have attentionwhores that announce they are girls in the beginning of their posts.
1K INCOMING
>b-b-b-buy the d-d-dip
Be greedy when others are scared.
It will rise to new heights this week
>>2013277
what in the fuck is with these gets
>>2013260
dont you know its on sale cause all the whales did a splish splash, no biggie it'll be 5k a pop soon
https://youtu.be/cRuKmxQSPSw
Dutch Banker spills the beans on illuminati, satanism, child sacrifice, protocols of zion being real, basically everything that an unnamed politics board has been saying for years about the globalist banking system
is this guy legit or is he larping?
24:50 is when it gets juicy
>the intellectuals of /biz/
>>2013248
>an unnamed politics board
Who could be behind this post?
>>2013248
>and I replied "The only goal I have as an entrepreneur, is to earn as much money as I possibly can, because the more money I have, the quicker I can retire, be free and of course have status".
>So /biz/ said: "In that case stop what you are doing now, stop with all those companies and just start dealing money, go into the cryptocurrency world".
Fucking ilerminaty board.
FUCK I KNEW I SHOULDA SOLD THAT XBY WHILE IT WAS IN THE 200s
I'm in the fucking red again now
Its ok it is coming back
What did you do wait an hour? Calm down and hold.
>>2013227
I panicked too anon. Sold for a profit nonetheless.
To any and all POSW bagholders:
>log in to poswallet
>enter a support ticket (from the drop down menu with the wrench icon)
>explain in the ticket why they need new PR and absolutely have to replace the Slack team if they want the project to succeed
The retards running the PR and slack are weighing down any potential the site, exchange, and coin have, and need to be removed immediately for the sake of POSWallet. They are actively banning anyone who tries to provide constructive criticism of the site, and call it "trolling." They are completely incompetent, which is a shame because the devs on the tech side of things are great.
TL;DR get the fucking idiots running posw's PR fired
We MUST remove Pajeet or we are ALL fucked.
>OP banned for trolling
>comes here
>personal army
Get to bed it's a school night.
>>2013206
If you read the Slack you'll know what I'm talking about
They are unprofessional and are the reason behind the price tank, among other things.
IM DOWN $500 REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
lol did you also buy bitbean and xby?
you got pumpndumped
>Worked shitty 50 hour week jobs for 30 years to rent a shitty studio apartment
>Autistic neets on this board running round in Lambos after buying imaginary internet money
How is this fair?
>>2013177
"a man who works his way into a dead end is bound to be poorer than autistic neets who have the balls to chase opportunity" - Jesus of NazarETH
>>2013177
To be fair, a lot of them who get their asses handed to them by the market probably tend not tell us all.
>>2013177
He who commands the internet commands the Earth
Anybody ever have issues getting decent sums of money (like several grand) from BTC then to cash and then into your bank account? If so what issues occurred? Whether it be through a site or even your bank. What sites do you use? Or what is the best method for this whole process?
>>2013136
Just sell through localbitcoins. No prob.
>>2013139
What if no one wants to buy?
>>2013139
can't u just sell on coinbase
Would anyone be interested in some sort of money pooling to invest in website properties?
Empire Flippers sells web properties that are already making profit at about 20 to 30x monthly profit markup.
That means that if the website stays exactly the same and doesn't grow at all, you are still earning 3 to 5% return on investment per MONTH.
That far exceeds anything you would get from real life stock market, and honestly it's probably a lot less risky than investing in shill coins that get pumped and dumped by scammers.
I was thinking we could somehow start a group fund or kickstarter type of thing to buy a website (they generally go for $30,000 or more), then the profits would be distributed monthly to all members based on their initial investment.
What do you guys think? Would this be viable?
Sounds like a good idea but I just KNOW that whoever made the fund would run off with all the money
>>2013115
start a communal fund on a message board full of pumpndump shills and bagholders to buy scamsites off a scamsite merchant
consider suicide friends
>>2013115
I like the thought but this>>2013118
I wonder if we could still help each other out with valuations and breaking down earnings forecasts and market influences, to aid with communal stock picking. I'm relatively new to biz, and try to help out when I can, but apparently it was something like that not too long ago. Robinhood generals are the closest thing we have right now.
What will the exchanges do when all the people making millions off crypto trading try to convert them into fiat?
What if you're left holding crypto with no way to convert it into fiat?
Same thing that happens when there's a max exodus from any investment vehicle, prices will plummet. Replace crypto with property or stocks, it's the exact same thing.
Don't be the last one.
The end.
>>2013113
I can still show the figure off to girls at bars.
>>2013113
makin mills off crypto wud require environment where you wud just use crypto to buy ur yachts, mansions, or whatever
HAHAHHAHAHAHAHA I HOPR YOU GUYS ARE READY TO BE ETERNAL BAGHOLDERS
You guys want to buy some POSW?
There is literally a team of Indian Niggers working 24/7 in the Slack to ruin our investment. Everyone please contact the manager @8489faust or whatever the fuck his name is and let's get this sorted out. We can do this.
ya not even meme magic can save this shit
>Cup and Handle
>Head and Shoulders
>Island Reversal
>Triple top
>Three white soldiers pattern
>>2013038
>he doesn't use tarot readings
>TA
>>2013084
>he doesn't use runes
So clearly over the next 50 years, we're going to be seeing increased debate over budget deficits in most Western countries, specifically the US and Western Europe. With the Baby Boomers starting to retire, there will be more pressure on both private and public pensions, most notably social security, and more federal spending will have to go into entitlements. With a smaller population, generally speaking the amount of tax revenue will be reduced or at most, its rate of increase will be below the rate of increase needed for spending. Given the unpopularity of cuts to these programs that would cause social instability, is there any way for us to survive?
Japan seems to be in a similar situation as where the West is headed, maybe 20-30 years in the future. Japan's debt to GDP ratio is at like 240%, which is more than double (if I recall correctly) of the US' percentage. How is Japan still the third-largest economy in the world and not falling apart while it seems like most political figures on both the right (calling for lower taxes and lower spending) and the left (calling for higher taxes to cover higher spending) are treating our left like it's the doomsday.
Japan seems to benefit from the fact that most Japanese government bonds are owned by citizens and not foreigners. Could the US copy this strategy by making Treasuries tax-exempt? From what I've heard, municipal bonds are already treated like this which creates a market for them. Are there any other ways for us to boost domestic ownership of our debt?
Increased automation also seems to be a way to deal with this, as we can still be productive with a smaller population.
Also, is the debt even an issue to begin with? Will Chinese investors continue to buy the debt as a secure investment no matter what, given how shitty Chinese investments are? (the same with other EMs?)
>actual economic discussion
bruh..
>*tumbleweed blows by*
>cough
>>2012970
>With a smaller population
because japan is xenophobic. the US is still relatively porous compared to japan.
consider for a moment that a foreign national having a child with a japanese would result in the child not being considered japanese. they actually have special naming in the family tree to deal with such a thing.
you cannot hold a dual citizenship. after i believe 21 years of age, you must declare yourself either japanese or some other national.
the US is still a desirable place to immigrate to. and mexicans breed like rabbits. i do agree that current demographic trends show at minimum a flattening if not gradual increase in working age.
if the alt media is believed, china and a host of other counrties are buying vast amounts of gold.
>>2012970
What you suggest (tax free T bills) does sound like a sensible medium term solution.
The problem is that investors want an easy buck and investing in the rapid growth of 3rd world countries is attractive.
Continuing to increase the population is our biggest problem