I've heard people say that Bitcoin is a refuge where money can go to escape inflation, but if the value of BTC is always listed in fiat currency, won't it inflate along with the fiat?
It will deflate. The cheaper the fiat money, the more expensive the Bitcoin.
>>1030675
>the more expensive
In the inflated fiat currency!
Don't we need a measure of its value that is independent of fiat currencies?
I think we should evaluate 1 BTC based on how many liters of drinking water it's worth.
>>1030694
the point is that if you held your money in cash, you'd be losing money due to inflation
desu no one knows where to put their money. everything looks scary
is 15k/mo a good salary for a trader ?
>>1030659
no ur pathetic
>>1030659
180k/yr is a good salary for anyone faggot, who's making that?
>>1030661
he ain't doing shit, he doesn't know what fucking trading even means. watched the big short or some other crap and now he thinks he could come out seeking that alpha, but did he put his big boy pants on, ha nigga did you?!
What do you think how will the next economic crash look like?
also how were there ways one could exploit the crashes that happened?
>>1030655
if I tell you that, you won't invest in it. if you won't invest in it, how do you expect me to make money out of your gullibilty?
It's like a rollercoaster. Gain as much momentum as you can during the downturn, and you'll shoot right back up.
>>1030655
Well we have the trillions of we money sitting in babks and the fed pays them interest to not lend it
Theyll have to strike a balancing act between inlfation and increasing interest rates
So go long shipping companies
Experiences?
Why or why shouldn't I throw a majority of my savings into it
pls
Seems pretty damned difficult to get a loan from them no matter how any times they mail me begging to do so. I really don't understand what market niche these alternative lenders are looking to fill. If your credit was great, wouldn't you just go to a real bank?
>>1030716
I don't understand peer to peer lending either
It's just the cost of making a small loan to a lot of is pointless considering the underwriting costs of a $5mn loan is the exact same as a $250k loan. The only thing these personal loans are valuable for is collateralizing them and turning them into securities.
So I understand why this market would exist
Alright /biz/ here's a short story for you. Lived in Illinois went to a great community college very reasonable prices and great teachers. Went to get certified in health and fitness instruction aka a personal trainer. Turns out I didn't wanna be one of those, and I just moved down to Tennessee with my mom by Nashville and am going back to community college again and there is one right here but holy crap it is ridiculously more expensive than Illinois and I'm not sure why. 3 classes at this school is 1475 dollars. And 4 classes at the other school was 1320. All 3 credit courses. I'm really wondering if going back is the right decision. I want to become a gym teacher. But that would require me to go to a university for 2 years as well. I'm incredibly nervous idk what to do. My mom doesn't know anything and my dads dead. I just wanna be steered I'm the right direction. 21 year old male here.
3 classes at this school is 1475 dollars. And 4 classes at the other school was 1320.
complaining about a 155 dollar difference, just lol
>>1030605
Try again. It's a 1,155 dollar difference.
>>1030613
seriously, if 1000 dollars is that much of a big deal you shouldnt even go back to college
hey /biz/, whats the number 1 thing I should study in college or do if I want to be a billionaire businessman tycoon or investor? I really want to be a billionaire and do something great for the world in the process but IDK how to go about chasing it or what to do
I'm 20 years old male living in the united states
Oh hey it's that guy who keeps reposting this thread, along with the investment banker, greentext, etc
>>1030375 become a stock broker get hired at a good company and thats pretty much the best thing yoy can do of you already know you have to be the best of the best at what you do
Look for a position at McDonalds as a Junior Executive Burger Flipper. They make mad bank.
How to deposit $32k into a Bank without them sending a CTR or me accused of structuring?
I feel like that it's not enough to for them to give a shit but I want to be safe
I got the money as payment for helping my father fix up a house over the last 2 years and I don't want to pay taxes on it
I know he could give me $14000 as a gift tax free
How can I do this without seeming suspicious?
Do it slowly over 3 months 9k at a time.
>>1030381
damn thats longer than I anticipated
Is weekly too suspicious?
>>1030405
>10k per month is a required report. IRS may or may not get it but FBI will, to prevent laundering.
>...a large percentage of bright young men and women locate the impetus behind their career choice in the belief that they are fundamentally different from the common run of man, unique and in certain crucial ways superior, more as it were central, meaningful—what else could explain the fact that they themselves have been at the exact center of all they've experienced for the whole 20 years of their conscious lives?—and that they can and will make a difference in their chosen field simply by the fact of their unique and central presence to it...
>>1030191
I've got an "in" with a Nigerian prince.
I don't want to say too much right now, because it's still hush-hush, but he needs to get money out of his country and he randomly picked me to help him.
>>1030191
I'm not a retard. Just for that I'm getting 81k plus bonuses in my mid 20s.
>>1030191
I have a girthy penis. Not quite "pussy breaking", but decent.
>In the information age, the barriers [to entry into programming] just aren't there. The barriers are self imposed. If you want to set off and go develop some grand new thing, you don't need millions of dollars of capitalization. You need enough pizza and Diet Coke to stick in your refrigerator, a cheap PC to work on, and the dedication to go through with it. We slept on floors. We waded across rivers.
>>1030128
You were to autistic to attract a fuckable goat, let alone a human being. Get off of your high horse John, noone buys into your shilling.
...and why did they wade across rivers? At least in the US there are existing subsidized structures (mostly freely available) by which a man can simply walk across a river.
Who is this guy? I'm curious what he did.
Look at this shit. This guy has some flip flops manufactured with his logo on them and sells that for €125 a set.
So what makes them so special? Absolutely nothing. Look at the description: ''Summer must-have, this pair of flip flops, detailed with smart label's signature patterning printed onto the soles, and the name of the brand enriching the strap.'' What the fuck?
I would love to own a business like this
What is your dream business?
Reminds me of those s'well bottle selling for $40-$100
simple design ripped from an intern and manufactured in China. Must make a killing of those.
For me? Running my own edgy satire website. Not going into too many details as I have it in the works.
>>1029995
I haven't ever heard of those, but I can already imagine the hundreds of suppliers on Alibaba.
>>1029973
Wtf they don't even sell them in my size. What is this shit?
Is it normal to finish a master's degree in finance and feel like I don't know how to do anything of value?
I forgot about most intricacies of the only few things that were interesting like time-series analysis and the things I do remember are all replicated by an excel sheet. I passed the first level of the CFA but have absolutely no desire to keep going without knowing that my job will require the full title first. I see these random finance job applications and think "I can't do that".
What the fuck was I trained for these past couple of years?
>>1029873
Iknow the feel
Yes it's normal. The difference between you and the people working there are that they believe their skills are hard, and that they know something substantive.
>>1029892
but they can't have learned that in college. It's like I have merely glanced at everything finance has to offer in every course, allowing me to go "yes I've heard about that once" instead of getting actual skills that let me pursue projects from the ground up to the end.
So how has trading been for you guys the last year? I started trading stocks about a half year ago.
> stocks seems cool
> read alot about it, books etc
> learn about TA
> try stockwars for a month
> holy shit 14% gains
> continue reading, learning, honing my skills
> investing a relatively small sum of my capital
> buying trends in the bottom
> they continue the plummit
> currently down 50% since started
>>1029850
Just buy memecoin.
I was also cought by this investing meme last year. Down 6% owning one low risk mutual fund.
I got 300k wat do?
>>1029813
Put it all in chipotle
Wait and buy all of china after a couple of weeks.
rent the cheapest apartment you can find and live a life of a hermit, buy food once a month but otherwise never leave the house.
18 year old graduated from school in australia.
I need to get into a trade as soon as possible. What should my approach be?
How much should i expect to make?
Is it worth getting a pre apprenticeship?
Please help.
>>1029770
Dads a plumbing business owner
His employees make enough to buy beachfront apartments (not great apartments obviously) and feed a family of 5.
I have no idea about specific cash, but, there is potential to buy in to the business and become a manager type guy that earns nicely.
Also, if trades arent your thing and you kinda just fucked up high school, you can do TAFE courses, get a certain GPA or above and transfer to university. For example, i have a friend that did accounting, got a 2.7 GPA and transfered to macquarie university, also, I have a friend that joined the army and I think he did TAFE certs in training so he can transfer to UNSW engineering, literally takes him 1 year longer than your typical engineering graduate.
Felt like this might be useful, plenty of options. Dont give up dude
>>1029774
Thanks bro.
All the men i know that own self made trade businesses are all minted.
It's just being one of their apprentices that i'm concerned about as i don't want to face potential unemployment with no qualifications 2 years in, especially after working for peanuts
I wont give up but i'm on the edge about my future all the time. Truly a horrid fate to be IQ deficient but determined for success
>apprenticeship in plumbing
>300$/hr starting
>any contract I want
>gold plummeting
>oil plummeting
>non-US currencies plummeting
>price of food keeps climbing
Why?
Illuminati
Some banks avoid trading food, since they find it immoral to directly make money off of people's hunger.
>>1029777
>Some banks avoid trading food, since they find it immoral to directly make money off of people's hunger.
Bullshit. Bankers have no morals. It's why we all went into finance because we have no qualms casting lots on the future and security of societies, and being the prime reason they rise and fall anymore.
Seriously, when was the last time an empire fell because of revolution? Soviet Union, the British Empire, the French in the 60s, Japan, and now China and USA. We are the force that destroys nations now, not famine or war.
