How is a bitcoin ETF going to work? Can someone explain how it will be structured etc? Thanks
Halfway down the page:
http://www.afr.com/markets/equity-markets/asx-ends-week-lower-on-tumbling-metal-prices-20170224-gukeww
Anyone?
china could make so much money if the ETF is approved.
>>1817492Perhaps, but how will it work. I have a basic understanding of ETFs but will these simply be packages of x BTC or what?
I won't get into to much detail
> Air Force Veteran
> Arrested shortly after for LSD (2nd Degree felony Intent to distribute)
> Sentenced to Drug Court (no jail)
> Decided to go to College
> Senior in College
> Looking for Internship
If i go to a job fair and get someone interested in me will they do a background check on their interns?
;0
>>1817390
The smaller the company, the better your chances they don't do a check. I work for a very small consulting company (about 10 people) and we don't really do much checking up on our potential interns/new hires.
>>1817390
you literally unemployable outside of dick sucking, and only low quality, veinous, heinous dicks
So, when net neutrality gets ruined later this year, how much more do you think small businesses will have to pay for decent speeds?
>>1817270
I predict the internet will become completely unaffordable and accessible only to a few oil sheikhs in Dubai. To that end I've begun investing in carrier pigeons and telegraph machines.
>>1818279
It would be wise for you to start saving some internet for when the day comes.
>>1818283
youre laughing now but I'm already using scripts to download every porn video on xvideos to my server farm to prepare for the impending porn usb black market
Guys. I lied on my resume to get a marketing job. Because I desperately needed an income and didn't want to work manual labor.
Now i'm sitting in a private office at my desk and have been pretending to know what i'm doing for six months.
Ive been calling clients and setting up meetings and just LARPn like I know about the property and casualty insurance claims adjusting biz.
Its been going well actually. They have me make up marketing info blurbs that I just make in PowerPoint and paint.
Does anyone know about real marketing?
I'm afraid they are going to catch on to me soon.
Seems like you're doing ok.
Can you give me an example of buzzwords you have learnt to use while you have been doing it?
>>1817180
if they start catching on then deliberately come late so you can tell your future employer you were just late
>>1817180
Read a fucking book or something you fag. Keep lying though, the best liars make the most money
Make this /biz/ related.
>>1816996
Perfect
>>1816996
all 4 of those are garbage
/CCG/ - Cryptocurrency General - PBOC running out of ammunition??!
-- Margin Trading BTC --
https://www.bitmex.com
-- Where to buy BTC--
coinbase, kraken, local bitcoins, paxful, or some random guy on street
-- Altcoin Exchanges --
poloniex, bittrex, yobit
--Bitcoin Wall Observer Thread--
https://bitcointalk.org/index.php?topic=178336.0
--WhalePool Livestream--
https://www.youtube.com/watch?v=IScI8WUdj9g
Previous thread: >>1747610
i tried to make OP less autistic, but whatever works xD
https://www.tradingview.com/chart/BTCUSD/m8WcrVN0-Is-It-Time-To-Hit-Top-Of-Channel/
>>1795119
I know who you are
>>1795119
i would agree with that 100%, but OKcash seems like great investment right now
Why is everyone with any form of authority in the work sector always so infatuated with busy work? I left the military precisely because I was sick to death of wasting hours upon hours with pretending to look busy for the sake of appearances and then I get into the civilian work sector and it's the exact same bullshit at every fucking job.
>>1818339
Public sector
>>1818339
The concept is theoretical for me. My days are spent just trying to survive the neverending things that need solving / meetings that need attending / etc.
>>1818345
My job is extremely simple, and it always seems that the more simple the job I'm doing, the greater the likelihood that some asshole is going to be try to change everything I'm doing in order to fill it with as many pointless, unproductive tasks as possible, or at the very least if I'm not doing anything to make sure the nothing I'm doing is as miserable as possible.
Are Busywork Associate Supervisors simply being outsourced to every job I work at?
>Feb 1
>be living in apartment with roommate
>rent is due at the first of every month
>paid rent for February
>$469 for the both of us, we both pay online
>couple days later, my roommate's bank is charged (nothing out of the ordinary), but my money is still in my account and I haven't been charged
>it's been a month
>The site we do our payments through for our rent apparently cancelled my payment for some strange reason (I had the money to pay for it) and despite this, my leasing office seemingly got my money anyways (our bill balance is $0.00, we didn't get an eviction notice because I 'haven't paid my half of the rent', they didn't notify us of anything like "oops we forgot to take from your bank sorry")
>check my bank account to see if I at least made a transaction
>bank says I never made a transaction at all
>today
>money still sitting in my account, haven't touched it at all
>leasing office got paid with phantom cash
>March rent is the same as all the other ones
tl;dr: even though I paid my half of the rent, the money for it is still sitting in my account. My bank thinks I never made a transaction like that for this month but my leasing office still received my 'money' anyways. It's been nearly a month.
What do?
Possible to have a IT issue on the lease office end
Even if no money changes hands it's easy to mark an account as paid with the click of the mouse
They won't find it until someone starts going over the books months for now
>>1818312
Bank error in your favor. Collect your rent and buy something nice.
>>1818312
Do something special with the money you saved. Take your gf out to a nice dinner.
Here is my proposition. We members of /biz/ should all team up together and go pitch to investment banks like Goldman Sachs, JP Morgan and Deutsche Bank on purchasing CREDIT DEFAULT SWAPS on student loans. We may be laughed at and rejected individually if we approach these banks, thats why I believe our strength in numbers could pull this off. Sure, we may be millions of dollars in debt for a few years, lose friendships, breakup families, but in the end, I can ASSURE you that we will all be BILLIONAIRES once the student loan market collapses eventually.
Now, who's with me?
I cant believe you made the effort to actually type that out after watching wall street for normies
>>1818299
I just finished watching Margin Call.
Count me in.
>>1818299
The debt can't be discharged. So there will never be a collapse.
You'll have to have a big political budget to lobby for making the loans dischargable in bankruptcy. Also to pay for protestors.
Would investing in Nintendo right before they launch the switch be a wise idea?
Yes.
>>1818208
No
Nintendo fans will start to die off in the 2020s
Ageing fanbase
So how did Goldmann become the best?
>make the most profits
>have the best reputation
>have alumni in top positions of government all over the world and in the best countries
Why would governments hire someone who belongs to GS clique and thus is loyal only to them?
>>1818187
flip your post upside down and it answer itself.
1. get alumni in top positions of government all over the world and in the best countries
2. get the best reputation
3. make the most profits
>>1818204
nice
So I'm self-employed and last year I finally hit over 100k (profit not revenue).
I know that's not much in the grand scheme of things, but I'm frankly just stupefied at the money that's coming into my account.
I was grinding it out for like 25-30k a year annually before I got here. What happened was I switched from looking for freelance work on job boards and positioned myself as a digital agency that manages entire sales funnels for clients. I started doing PPC ads for the first time ever.
When I switched to this model, everything changed just about overnight. Client acquisition got easier. I started working direct with clients as opposed to agencies and larger freelancers who give you a fraction of what they're billing out to their clients. I began offering "results" and "complete campaign management" instead of just saying "I can build you a website/app/ebook, etc."
Not only am I finding clients who are willing to pay more, I'm wasting much less time on marketing because instead of actively contacting people, but I just run ads that bring them to me.
2017 has been, in short, a breakthrough for my business.
The thing is, I'm not even making a huge amount compared to what a lot of people make. But I'm still having a hard time even processing the cash that's coming in. What the hell do I even do with 10k a month, after expenses? Based on my modest ambitions (never wanted a lambo, big house, multi-times a year vacations, etc) it pretty much feels like unlimited money. Like I could never really spend it all.
Has anybody else ever had this feeling when breaking into 6 figure income? Like a feeling of just having all the money you could need and not knowing what to do with it?
It's just weird because when I was younger I always used fantasize about making millions, and think that that was making it. Here I am making a little over 100k and it feels like I have all the money in the world. Like I've "made it"
So what is your job exactly?
>>1818140
Proof or GTFO. Or better yet, go post it on you personal blog. Oh wait, no one would read it. Isn't it sad you have no one to talk to about your achievements?
>>1818240
Haha this guy. You try to make achievements so people talk about you? What a sad fucking guy, im actually feeling very sorry for you.
>>1818140
There must be something you like. Atleast invest some money for future use. Ive been in the same situation, but with less than 6 figures. Who gives a fuck about cars and mansions. I used it to travel and eat out every day.
Find a hobby or something you like, because money is fucking worthless when you make tons of it.
>Put 2500$ into stock that pays dividend for 20+ years
>setup DRIP and have 100% of dividend payments go toward purchasing stock at whatever price the company says in their DRIP plan
>wait 10 years
>be worth 800k+, assuming 50%+ taxes (aka this is a lowball)
>take newfound wealth
>put 25k-all net worth toward stock that pays dividend for last 20+ years
>setup DRIP with 99% of dividends going into stock repurchase
>wait 10 years
>be george soros
When did you learn that all you need is patience to become rich and college is just a meme?
>turning 2.5k into 800k in 10 years just off dividends
ok lol
>>1817998
>>Put 2500$ into stock that pays dividend for 20+ years
>>setup DRIP and have 100% of dividend payments go toward purchasing stock at whatever price the company says in their DRIP plan
>>wait 10 years
>>be worth 800k+, assuming 50%+ taxes (aka this is a lowball)
No. Here, I'll give you Warren Buffett/Peter Diamond returns(20% annualized)
$2500 * 1.2^10 = X
$2500 * 6.1917 = X
$15479.34
Neck yourself. How do you become George Soros? You are born as George Soros, or you're ruthless enough to pull a Bill Gates/Zuckerfuckerberg and build it yourself, which again, entails being born into very high upper-middle/upper class at the right time.
>>1818107
Woops, meant Peter Lynch.
Blue horseshoe loves Anacott steel
>>1817864
Its a good film, old dude here. I remember that period well
>>1817864
Having sex with her was like reading the Wall Street Journal.
>>1817864
You're walking around blind without a cane, pal.
A fool and his money are lucky enough to get together in the first place.
Is the student loan crisis/collapse actually going to happen?
No. There are plenty of people who took student loans for real fields of study and pay them or have paid them off.
>>1817692
People may not default on their loans en masse, but paying back all that debt is definitely going to weigh on the economy so it really depends on what your definition of "student loan crisis" is.
Best case scenario you applied yourself by working your ass off so you can get mediocre $50k-60k a year pay in engineering, software, or healthcare. Even the people who did what they were supposed to are going to be facing scarce job opportunities because of STEM oversaturation. If you didn't apply yourself then you're just flat-out fucked.
>>1817692
If this was a legit problem it would have already happened already. We weathered through the global economic crisis without massive student loan default.
This is probably something that people who don't feel like paying their loans back say.