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Archived threads in /biz/ - Business & Finance - 5601. page

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Can you guys help me understand why it's harder to trade $100,000 than $1,000 in cryptocoins? I know slippage is an issue but is there anything else I should know about?
9 posts and 2 images submitted.
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Shallow market depth.
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>>1974380
Because you end up supplying the whole market on you're own in theory, and drive the price down because there is x100 more supply when trying to trade in 100,000 in one move.

Justlike trying to buy into a market of say 60BTC, you'd drive the price of said coin high due to not being able to fill your order at the current price due to an absence in supply.
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>>1974380
Spread your funds on several exchanges.

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Busoness and finance. Oic related.

Autism is real with some of u faggots.

Any actual /biz here or just a bunch of underaged cryptocucks?
50 posts and 7 images submitted.
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Biz has high risk high reward attitude.
Cryptos are easy to shill and shilling has bigger impact

Do the math
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Just underaged cryptocucks. Everyone else was driven away long ago.
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Still watching tumblr dogs coins eh?

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1 USDT is now worth $0.95 USD. It has fallen. All prices in USDT are inflated and the currency is likely to go to zero! Bitfinex has been compromised and is LYING to you when you try to log in.

http://coinmarketcap.com/assets/tether/#markets

Look under "Kraken" on that link and see the price of USDT to be about 0.95 USD.
46 posts and 1 images submitted.
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what do I sell to now?
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>>1974412
Well... it depends.

If you think USDT will stay strong and this is all fluff, despite Bitfinex essentially going insolvent and possibly causing USDT to go to $0, which is what it looks like, similar to the Mt. Gox problems in the past, then you could probably stay in USDT and make a killing just waiting for the hype to die out and buy back all the coins when they're cheap in USDT again.

If you agree that USDT is going to $0 and will never recover from this, pick a coin I guess. Maybe ETH. If you can, go back to USD or something cause any day now Bitfinex, which potentially owns most of the USDT, could announce bankruptcy and USDT shoots to $0. That's what it's looking like right now if you log into their website or look at their announcements.
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>>1974434
But that only nets you around 5% max right now - more if USDT gets any lower in Kraken or any other exchange that does USD/USDT. What's really really interesting right now, and a BFX guy mentioned in a post, is the BTC funding market. As people are removing BTC from Bitfinex, the BTC reach incredible funding rates. Many people are acceptin BTC at 0.4% daily rates. If you manage to lend for 30 days (and BFX doesn't pull a Mt.Gox) you gain more than arbitraging them USDTs.

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I'll be 29 next month, I work at a low wage job ($11 an hour, and I am at the cap for where I work), no matter what I do, no matter how much effort I put into fixing things, it never pans out and I end up farther back than where I started. Am I just not meant to have even a little bit of success? I work hard, every day. I work two jobs from time to time, sometimes three, and I have been in the workforce for 10 years, since I got out of HS, and when I went to college and had to drop out.

So when does this success thing start?
14 posts and 1 images submitted.
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When you take risks.
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When you invest in beans
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>>1974304
It started when you entered college. Meme it may be, but others believe in it making it real. Do your best to get some type of bachelor degree. If not then consider trade school. Welding (especially underwater), crane operation and some construction stuff is well paying.

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>wake up
>pivx lost me 300 dollars
>eth lost me 700 dollars
>bitbean made me 220 dollars

Not really sure how to feel about this
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You haven't lost anything until you cash out
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>>1974274
have fun losing all your bean gainz when it crashes in the middle of the night when you least expect it and are left holding the bag
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I lost 2k on litecoin

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Hey, so I'm assuming that a lot of us are doing through the interview process for both jobs and internships, so let's talk about it - how they went, tips, interesting stories, etc.

I'll begin with mine:
>hardest and most intense interview for an internship I've ever had
>he asks me to shoot him an email in a couple days if I want the job

Wtf does that mean? Wouldn't he be emailing me and me not emailing him? Does that mean I got the job or is it a nice way of saying no?
11 posts and 1 images submitted.
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Once I had two interviewers asking me shit for a hour and a half
One even accused me of being gay, I was shocked and he was probably autistic programmer
He pushed and pushed "I would have done this in this situation" , "I don't do that" into conversation about me and my career path
Other guy kept asking me why do I want to leave my current job for like 35 minutes and I kept answering him, he just did not buy it I guess. And he suggested that Piketty is like pure capitalistic and shit when he saw some economic forum (not web based forum but like event based, people sitting and talking in a room) activity in my resume. WTF?
And they NEVER SAID WITH WHAT TOOLS I AM GOING TO WORK WITH. They are not mentioned on their website either. I asked them point blank: "With what tools are you working with" and they kept going around the bush.
WHY? WTF is going on?

>>1974267
Email him. Maybe he was being suggestive, like - you are getting the job, just send this email with something inside.
Or he is so far up his ass that he can't see that saying to candidates "shoot him an email in a couple days if I want the job" is kinda idiotic since candidates did send the first email with their CV and got all the way to the office, all dressed up. Bit of give away if we are questioning candidates desires...

I have been in 15 interviews and testings this last 5 weeks. It's been brutal and fruitless. And they always want to push them right smack in the middle of workday when I'm working with my current employer.
Guess they don't want me because I ask too much money and unemployed fags just ask peanuts.
I live in SE Europe btw
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>>1974267
Just had my first phone interview yesterday for an engineering co-op internship position. First half of the interview I was a little rusty but I think the 2nd half went very well/felt very natural. Crossing my fingers for good news because this would be so good for my career path if I get it
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I recently had an interview where the guy asked if I was Muslim since I have a middle easterner name and last name, my dads Muslim but Im protestant, only speak to him once in a while. why do they ask that question? is it pure curiosity? or does my answer have a deeper implication? I always answer truthfully, is this a good idea? how should I deal with said questions?

I live in a country where asking someones religion in an interview is technically illegal but said law cant really be enforced.

Also at the end of the interview the guy said I should send him my translated CV and heĀ“ll send me back a few assignments to fill out, once I sent him my translated CV and him for the assignments he said that there must have a been a misunderstanding since supposedly he never mentioned the assignments and only needed my CV. what does this mean?

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Hey /biz/

What's your current side hustle? How successful is it? When did you start?

Do you have any advice for someone just starting on their own?

For me I'm leveraging my FB Ad knowledge to help local businesses succeed and it's going really well!

Let's have a nice discussion on anything business. I'm sick and goddamn tired of seeing this board going down the drain because of coiners with proxies.
21 posts and 3 images submitted.
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>>1974265

Im currently in alt coins trading
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>>1974265
sell weed my nigga
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I make and sell moonshine, supplies cost me about $50 to make 5 gallons, and I sell it for $100 a gallon.

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In every crypto thread I watch people chasing their tails trying to get answers about how to get their initial stake. Here is a step by step guide that explains exactly what I went through to get going:

1. Buy Ethereum through Coinbase
>I signed up for Coinbase and bought 1000 dollars worth of ETH. Buy ETH because all transactions will be faster than BTC. I was told in 7 days I'd receive my ETH. By the time it made it into my wallet, I had 2.5x'd my money in ETH. I received it the evening of the 7th day.
2. Sign up for BitTrex.
>Make an account on BitTrex. Navigate to Wallets.
3. Send ETH to BitTrex.
>Find ETH in your wallets, click the Plus Sign. This is your deposit address.
4. Send 1 ETH to make sure you have the right address.
>Only send ONE to make sure everything is right. I discovered I had to change an 8 to a B, and I lost $50. But I could have lost $2500.
5. Send the rest of your ETH.
>Send in chunks if you wish to lower the risk each time.
6. Sell some of your ETH for BTC.
>Click on ETH's link (reads ETH in blue) in your wallet to go to the ETH-BTC market screen. You can buy or sell here. You will use BTC to buy all other alt coins.
7. Trade as desired.
>Start finding good pumps or long term holdings. I'm putting 50-200 into various cheapo coins and sitting on them til they pop.
8. Have fun!
>Welcome to the future, motherfucker.

BTW - if you are going to do this, do it NOW. ETH may go to the moon in the next 3ish days.
28 posts and 3 images submitted.
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Thanks m8, helpful guide for noobs like me.
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>>1974262
can yuropoors withdraw from bittrex or is it us only?
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For anyone interested in cyrptocurrency or pumping and dumping, join this discord group
https://discord.gg/EJZaS

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This looks awfully familiar...
18 posts and 5 images submitted.
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Capital is slowly flowing in POSW it's a matter of weeks
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No.
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hed shouldr confirmation

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How important is getting good at golf to doing /biz/ness?
8 posts and 1 images submitted.
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Not very.
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Actually it's more important to be bad at golf. Allow your potential clients to beat you and then they feel good, and associate feeling good with spending time with you. Hey presto, you've got yourself a long-term business deal.

t. knower
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>>1974172
>How important is getting good at golf to doing /biz/ness?

just as silly as asking "how important is drinking to doing business"

you can get by with none if you have other methods to socialize & hang out with your customers/clients.

The only true value golf gives you is time. 4 hours walking around on a course gives you alot of time to get to know someone.

it just makes business relationships much, much easier to maintain.

> yfw BitBean = $1 USD
96 posts and 12 images submitted.
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The day this happens, I will be a millionaire
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up 25.65%

hooray for beans
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Tbh i feel bad for no beaners. They're often single, atheist, really angry and lonely people. That's why I invested in something a little more family friendly, the type of coin my kids can use too. It's just refreshing.

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>sunny day
>driving around as usual
>qts everywhere
>see ugly people (like me, maybe not as ugly) working in wageslave retailcuck jobs while attractive people are on posters and some outside
>see a topic about /fit/ (only went on to post a feel topic) giving advice to their 16 year old selves
>"Pussy ain't worth it bro!", "Girls were giving you so much signs!", "Lift sooner, it fixed everything!"
>see topic about people in high school and get extremely jealous
>aged 26, have had zero social life for over 8 years

It seems the natural state of man in our modern society is cuckoldry. My empathy for people is below zero. They all have easy lives.

If you're not on a "prestigious track" like an elite university to banking / management consulting etc then you are wasting your time. Of course exceptions include being rich or famous but that requires luck. Most people just ride their institutions in to success, aided by being part of the normie hivemind.
21 posts and 5 images submitted.
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>>1974137
Sounds like you should have bought btc
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You can't be a cuck if you don't even have a girl.
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>>1974137
>"wahhhh it's not my fault I'm a failure!"

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post /biz/ related cringe/humor
https://www.youtube.com/watch?v=IlXKKztVgVw
17 posts and 3 images submitted.
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hes such a nerd xxxxxxxxxxxxxxx
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>>1974133
>when your YouTube channel is posted on /biz/
I actually know the guy who phoned in, he's a pleb.
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>>1974170
but was he 17?

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why not a trading firm for poor blacks?
6 posts and 1 images submitted.
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Dude trading blacks has been illegal for 150 years
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>>1974443
Move your start up to Libya.

Trading them over there is a new grey market
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>>1974069
>why not a trading firm for poor blacks?

We already have enough Affirmative Action, welfare, food stamps, Section 8, etc. etc.

How low of a bar & standards do you want to set for Niggers?

And you wonder why 'Merican niggers never pull themselves out of their shitholes. You keep setting a low bar for them, they'll be happy to wallow in their filth.

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There's no /biz/ meme magic involved here folks, POSW coins are literally tokenized shares of a potentially enormous exchange.
>Poloniex's daily volume is $100m daily
>Exchange fees are $200K daily
>$6m monthly

Getting 5k POSW will land you $5,000 a month for similar volume levels. It doesn't get any more no-brainer passive income than this.

What the fuck are you waiting for? Get yourself an account https://poswallet.com/login.php?referral=poswhodl1
22 posts and 1 images submitted.
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>>1974117
>>1974031
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POSW is a scam.
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>>1974138
You can't stop what we have started. This things going to $5 scam or not.

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