Archived threads in /biz/ - Business & Finance - 7052. page

>>1346330
Never

I sold PCYC because of a girl that I like (muh poor animals - experiments in the pharma industry...)

Bought at 123,860 USD, sold at 154,60 USD. ~770 € profit for me after taxes and fees.
The company was bought for over 250 USD a share. I think i missed out 2-3k, I'm too lazy to calculate it right now.


I only bought it because of the old /pol/ stock/forex/investments general thread by 'wipe'. I still own my GMO shares (about -60% in the red, but I bought only 1500 shares)

Sounds like you need to do the math on your ethics.

Making bets on mcdonalds stock is not owning a mcdonalds franchise and shoveling addicting dogfood down idiots throats for cheap.

pruf?

>>1346268
What does your company produce?

>>1346279
Content.
I own a few mega websites.

>Starved autist

Holy fuck I lmaoed

>>1346217
Not a bad observation, desu.

If I had to guess its because Butin was involved in Bitcoin at such a young age and knew how to attention whore to the press. As far as I can tell he hasn't written any significant software or white papers. Even the idea for a cryptocurrency with better smart contract support was devised prior to Ethereum.

If you want to know what the real story is: Butin is mostly arrogant and way over-hyped. I've spoken to people before who had their ideas stolen by the guy or misrepresented and most of the industry views Ethereum as a pump and dump. The crowd funding and investment stuff was heavily fucked up. There's also a lot more going on with Ethereum that I can't publicly say just because its probably only known to the investors and by the looks of things they have enough problems as it is.

tl; dr, only people not in the know seem to buy into this hype. Those who work in the blockchain space aren't really impressed by him and think of Ethereum as quite naive. They also have major cash problems and burned through most of their funding already (not sure if this is public but notice how they're not hiring -- if this is private knowledge then fuck it, I don't even care any more, there's enough liars in the blockchain space.) I would not be surprised if they're not around in a few years.

>>1346226
holy shit, thanks for the great response. I'm a newfag to blockchain tech myself but I've been doing some really basic smart contract writing and I've read the ethereum white paper. Why do you think it isn't a legitimate platform for creating decentralized applications? do you know of any better options or should I build a specialized blockchain from scratch for a DApp?

>>1346204
from a guy i would pay 1 crowbars
a nice looking girl could get a $100 if she can deepthroat and is a pro
my gf sucks excellent dick but she can't take it in balls deep

I paid $30 for my onahole and it's reusable.

>>1346214
Only $30? I thought the good ones were a fair bit more

Honestly, you're better off working for a business at first. Apply for jobs, get a job in whatever industry; LEARN THE FUCK out of that industry, with everything there is to know about *x industry*. After doing that for a few years, think about how you could do it differently. With a strong knowledge of the rules, it's easier to intentionally break the rules and create an innovative edge.

Creating a business straight out of school is everybody's fantasy, but realistically, only incredibly intelligent and creative people can do this. Us people with more mediocre minds have to grind out ideas slowly. But in 10 years, you'll absolutely be ready.

>>1346166
Thanks a lot man, I don't have a problem with waiting and learning, my only goal at the moment is learning as much as possible, and I don't plan on stoping (ever, I hope)

>>1346155
If you want to be an entrepreneur there is no point in going to university.

If you want to be an entrepreneur you should do a trade, SoftE, CS (even them you can learn at home relatively simply).

You should defs get a job first so you learn the real world business dynamic. Also, accounting is probably the best degree to get if you want to go to uni and have an understanding of things like cash flows, balance sheets etc, ratios etc.

>>1346071
of course. this is a wolf against wolf world, we should be killing one each other for money and power

>>1346083
might makes right nigga

sorta..

alot of immoral wallstreeters have to rip ppl off to make money because they dont have the mental ability to get paid due to their value to society..

how do you expect to get a work visa? aren't you afraid immigration might come after you if credit card companies in america say you have a date in court

>>1345940
People do it and head to Canada sometimes.

>>1345951
how do they manage to get apartments with a credit score of 150

Rent out your place while youre gone on airbnb or something similar. Use that money to buy decent prostitutes for your hotel room.

Or bang 4/10 tinder girls while youre traveling.

you're wiling to travel to make $10/hr
how far away do you live from a city?

>>1345545
It's the only job that hired me, and the travel is about 3 hours away from home. I live in a city, but I'm moving for college in two months and the average business response time for applications here is 6 months.

>>1345540
Don't own a place, anyway.

THE WAY O THE FUTURE

COME IN WITH THE MILK
O
M
E

I
N

W
I
T
H

T
H
E

M
I
L
K

Pretty gud guy. Fucked lots of rich bitches and punched actresses in the face.

File: short-probability-2.png (11KB, 700x400px) Image search: [Google]

11KB, 700x400px

... and this is why you hold.

my man, preaching to the choir

any benefit in taking up my company's stock option to buy at a 20% discount?

>>1345194

Don't mess around with the EA's. They won't consider the fundamentals, sentimental and news events like a human would. I'm not saying automated trading doesn't work. It's just a hard strategy to implement for the little guy.

My advice is to spend lots of time educating yourself about the following: fundamental themes and their impact on the currencies, how to gauge and profit from retail sentiment and solid money management and emotional discipline theory.

>>1345200
>fundamental themes and their impact on the currencies, how to gauge and profit from retail sentiment and solid money management and emotional discipline theory.

Thanks man, where did you learn about this?

I want to avoid doing degrees in economics or business for the time being, as being an accountant is a bigger concern for me. Would short introduction courses into forex be a waste of time? Are there any books to read up about these subjects, or fx in general that you would recommed?

>>1345211

No worries. I actually wrote my own strategy in MQL. Back-tested beautifully. However, it relies on two things: consistently low spread and fairly nonvolatile markets.

Thankfully I didn't lose too much of my starting capital.

Honestly, it seems super lame and childish but start by going through babypips.com. Then learn a bunch of mechanical trading systems (pure technical, pattern recognition etc.). Then use your knowledge of technicals simply for entries, exits and timing the market (with a reasonable expectation of failure of course).

There are lots of fundamental currency strategists out there. You just need to learn how to speak their language and to learn when and how the pundits are right and wrong.

>>1345012
we're not doing your homework for you

>>1345012
Basically shares are ownership of the business and it's future profits

>>1345012
>Why are stocks percieved as valuable?
Well, that's kinda the whole idea of securitization, isn't it?

>So what ties a companies performance to a stock's value
Nothing inherently. There is no obligatory link.

Buy kneepads

you've already wasted to much time

people work way harder than you and don't make it so why waste your time here?

Buy lube

Most have in the 5 figure range, much fewer with 6 figs

define "money"

cash? financial assets? total net worth?

>>1344702
>high five-figures
>low six-figures after Lucara

memes

Someone in another thread said they made 100k in 9 months doing it.

I'm in the same boat as you. Started to mess around last night after I bought trump

I love the TO THE MOON hyperbole more than anything

/biz/ truly is one of the more fun boards

If my pathetic investments give me a year's salary then I will lmao but I really don't care