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Archived threads in /biz/ - Business & Finance - 5868. page

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Nocoiners face rn
24 posts and 7 images submitted.
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>>1855883
>there are people reading this who owns less than 50 eth

;)
>>
i cannot imagine being a nocoiner anymore, i made so many gains, the crashes are just entertainment right now

i opened gdax last friday night just to see the order book go crazy, it was amusing :)
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>>1855883
if you don't own ETH at this point there is almost no hope for you. booster rockets are already deployed and falling away

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Nobody ever mentions what crypto-currencies are actually used for apart from buying drugs and child porn on the deep web. Everybody is just trying to make a quick buck
27 posts and 2 images submitted.
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>>1855527
Bitcoin, Ethereum, Augur, Monero, Golem, these have uses. These are not shitcoins.
>>
There are no real world uses. They have no utility and in many regards they are worse than fiat or even gold. They're literally mostly used for speculation. That's their main use.

But that's good enough.
>>
seems like cryptos are just ponzi schemes

you get in early, market it, pump and dump

literally nobody uses them for anything other than speculation

who wants to pay for meals using .0333333337 of a bitcoin

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Just bought $1000 of ETH am..am I going to the moon?
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Nope, might as well sell it now before it crashes more.
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Inb4 sub 20 tomorrow
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Nah... its over m8

Hard crash

ETH is dead.

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I have 30,000 american dollars to waste on cryptographic currencies.

Sell me on it. hardmode: no Ethereum.

In your personal experience how much do you earn per month?
Personally I think investing in another Minecraft would be a much more successful approach to getting real rich.
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>>1855336
>excluding the cryptocurrency with the best opportunity for growth at cheap prices

lol have fun
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>>1855336
>hardmode: no Ethereum
enjoy Earth, loser
>>
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>>1855336
>Drop about $500 on LePen
>Wait till French Election
>Shit Brix
>Sell all LePen for BTC Immediately post-brix

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ETH IS POPPING OFF AND MY 300$ IS STILL PENDING WTF IM LITERALLY LOSING MONEY RIGHT NOW
41 posts and 9 images submitted.
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Oil is leaking. WE NEED A TURBO BOOST!
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>>1855302
I know that feel friend, kept putting off buying ETH tried to buy at the weekend waiting on a 3 day wire transfer.... plz kill me
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>>1855319
fuck man i keep thinking about 2 weeks ago it was at 14$ this is ridiculous

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next big idea /biz/

ok enough of this small shit we got going here. its time to call upon a money diety to guide /biz/, others boards have accomplished greatness, lets find a select handful of anons to develop an idea, launch a business, and become billionairs from it.

ITT:
list any ideas
skills you can provide

lets brainstorm: what is after the cryptocurrency? developing another memecoin is small beans. We need the next social network. There are ones for pics, statuses, video, chatting.. what is the missing link?
23 posts and 3 images submitted.
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>>1854666
What comes after the lazy niche hmm let me think ah yes another lazy niche (Minecraft/Kickstarter). Otherwise if this generation of uncultured retards decides to wisen up, by 2020 we should get a massive quality overhaul where real talent is rewarded. Reboots will finally feel good and not made by the handicapped.

>We need the next social network. There are ones for pics, statuses, video, chatting.. what is the missing link?
Actual social people who go >>>/out/side and read a book once in a while. This generation articulates like Gollum.

Well, Lucifer. I have plenty of ideas which all require hardwork and serious testing before they become feasible.

For example 4chan 3.0 the idea is simple: A hybrid site with old fashioned PhP layout with imageboard layout and a ton of improvements and activities to keep the users entertained such as: allowing OP to ban users in his thread, a built-in card game and traditional dice game inside the website, a fix for boards which are too fast or too slow for their own good.(/v/1 /v/2 /v/3 /v/4)
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>>1855150
I have several good ideas too, but I am not a programmer. Where to find good programming co founders?
>>
Are there any good 'marketers' here? I have a decent kickstarter idea which needs some push behind it.

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I've been posting here every couple of months for about a year to get input on a stock prediction algorithm I've been building. Based on its predictions over the last couple of months, and on simulated data sets, I'm fairly convinced that it is working.

I want to know what I need to do to capitalize the algorithm. As far as I can tell there are two options: I can invest my own money and see where that takes me, or prove that it works and sell the algorithm. I have 200k student loan debt from medical school right now, and I can't even come close to affording the 25k investment floor for day trading, nor do I understand capital gains tax or any of that shit.

So I want to sell it. How do I prove it works without giving away the algorithm, and also without any real money to invest? Would a company be interesting in buying an algorithm if it indeed works? What kind of yearly return does a prediction algorithm need to be achieve to be valuable?
27 posts and 8 images submitted.
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>>1854629
>nor do I understand capital gains tax or any of that shit.
Capital gains isn't really that complex. If you can do med school I'm sure you can figure it out.
>>
>>1854629
Give me some background. What does it trade? Blue Chips? Pennies?
What kind of returns are we looking at?
What's back testing look like?
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>>1854767
Trades ~3000 stocks listed on yahoo API. It's not limited to that, its just that I didn't want to build my own price scraper so I used Yahoo. To be considered the list price has to be greater that 5$, and it must have been publicly traded for more than 3 years, though those are changeable parameters. It makes a prediction for every stock listed, and for the 10-20 stocks with the highest certainty of prediction it makes an 'investment'.

Back testing works by initializing to a year ago, so it'd be 3/13/16, makes a prediction for 3/14, then checks how much the indicated stocks changed. It then increments the day, and tracks accuracy over the entire year. Based on 2015-2016 I got a 213% return, and 2016-2017 189%. This, tho, only considers the percentage change in the price, so it assumes equally distributed funds across indicated stocks, doesn't consider that an investment may occupy more than 5% stake in the company, nor does it consider that investing in a stock may actually effect its price. Even still, a 200% return/year is high enough that even if these assumptions are really bad, I'd bet the algorithm is still valuable.

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I'm a 21 year old NEET in Ontario Canada.

I never graduated highschool and don't have a drivers license. I have some money saved up. I don't have any skills or experience doing anything at all.

What should I do to get my life sorted out? I'm starting to feel like it's too late for University so I was considering doing a trade, crime or joining the the Canadian Forces. Are these good ideas?

I'm just kind of lost desu senpaitachi
20 posts and 1 images submitted.
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Help
>>
Army is good if youre motivated enough. They'll help you post-training too, especially with education.

Or you could look for a futureproof job that takes your fancy, and start with an internship
>>
>>1854273
If you're joining the military make sure the job exists outside of the forces, at the very least. Extra points if it's in high demand.

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What is the best exchange to buy ETH on?
I live in the US.

I've looked at Coinbase, but it takes a few days to get your bank account verified and there is a higher fee for using a credit/debit card (3.99% vs 1.49% w/ $0.15 min for bank account).

Are the fees on Coinbase worth it or is there a better option?
30 posts and 1 images submitted.
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>>1853946
Currently using Coinbase. I just hate the verification times.

>missing dips left and right
>>
>>1853964
Wait, so have you linked your bank account?

Elaborate on verification times please (noob here). Is there a waiting period for transactions or are you talking about the initial bank account verification?

>>1853946
Small correction, I think the the charge is 3.75% not 3.99% for cards, I was reading an old article.
>>
>>1853946

Buy BTC from localbitcoin then move to polo wallet and then exchange from there

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How much ETH is enough to live a comfortable life?

>37 currently

Will probably mine my way to 40.
26 posts and 3 images submitted.
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I'd say 1k though i'm currently sitting on 500
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What are you mining with also who did you buy it from, newfag asking
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>>1853930
Shiii I'm a long way from 1k

>>1853931
Genoil currently using Coinbase. Probably gonna start using Poloniex for more diversity.

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how rich you are?

*real brag*

and its truly only a cake-piece ..
32 posts and 3 images submitted.
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>>1852763
It's usually poor people who are flashing the cash
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>>1852763
>cash
0_o
>>
>>1852763
Gebrauchtwagenhändler.

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why is silver so cheap right now?

i remember it being like 40bucks per liberty coin couple years ago...
63 posts and 6 images submitted.
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>>1852446
>40bucks per liberty coin
There's your problem. Buying coins, you're not paying for the value of the metal, you're paying for it's value as a collectible item.
>>
>>1852449

ok let me rephrase what i said, the amount of silver in the liberty coin was around 35$

also is it worth buying up some silver/gold right now do you think? And if so, what is the cheapest bars/coins to buy for storage?
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>>1852457
|How about you get a job instead of wasting your time trying to buy silver, kid.

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i have 40k just sitting in the bank doing nothing
i fucking hate my job, but feel like im in an endless loop
there must be some way of escaping the wage slave loop, any tips or advice on what i can do with my money?
47 posts and 4 images submitted.
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>>1852279
Grow weed
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>>1852279
Webm of you showing 40k would be necessery bef starting shit threads like dis on /biz
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>>1852288
why?

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poopoopeepee edition

-- Links --
Stickerbitch's calendar of memes and dreams:
https://calendar.google.com/calendar/embed?src=moonmissioncontrol%40gmail.com

Biopharma Catalyst Calendar:
https://biopharmcatalyst.com/

Shitposting chatrooms:
https://discord.gg/5k3sVzC
https://telegram.me/robinhoodgeneral

Earnings Report Calendar:
https://biz.yahoo.com/research/earncal/today.html

Premarket Movers:
http://www.nasdaq.com/extended-trading/premarket-mostactive.aspx

Stock Charts:
https://www.tradingview.com/

Stock Scanner:
finviz.com

-- Robinhood FAQs --
- VISIT THE WEBSITE FIRST DAMMIT!! - www.robinhood.com

> How is it free?
"People" invest your settled funds when you're not using them, just like banks.

> It's been X days, why isn't my account verified yet?
Not being approved in 3 days seems to be the new norm. Nevertheless, call/email their support if you've been waiting more than that.

> When is it coming to my country?
The only "plans" are on an Australian and Chinese beta. Neither of which has gained much traction.

> I hit sell when the stock was X.XX, but it actually sold at a lower price, why?
Robinhood graphs are shit and only show you an average, not true real-time prices. To get Bid/Ask prices and important things like candlestick graphs, you should use a more robust platform.

> Where can I get better charting or bid/ask?
Real brokers, like TDAmeritrade's thinkorswim. Otherwise you should be using stockcharts.com, finviz, or a non-pile-of-shit for your graphing in addition to Robinhood.

PREVIOUS THREAD:>>1847374
326 posts and 50 images submitted.
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are you telling me i have to look at his asshole everytime i come to this thread.
>>
>>1851059

At least I took the effort to make a new thread.

There were at least 10 active faggots in the last one after it hit the bump limit and not a damn one of you lazy bastards made one before it was archived.
>>
Could use some advice. Can't day trade due to work restrictions (work for a bank). Looking to start using Robinhood and the stock market has always fascinated me. Looking for some ideas for stocks that fluctuate a bit over a few days/week period but seem to stay in the same range so I can play them a bit, even though I will have to hold positions overnight. Any suggestions?

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How much do I need to earn to throat fuck someone like this everyday?

Also doss profession matter? Like if I was just a normal IT admin, would she still do anal?
42 posts and 9 images submitted.
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>>1845950
you need a western citizenship and a flight ticket to ukraine
>>
>>1845954
I meant marry. Also she should be dominant. I don't like submissive hoes
>>
What does he need to earn? is 80k enough? assuming you are western as you say

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