Archived threads in /biz/ - Business & Finance - 838. page
Images are sometimes not shown due to bandwidth/network limitations. Refreshing the page usually helps.
Everyone argues that Bitcoin will be extremely valuable once a majority of people catch onto it.
Just about everyone I've talked to knows about Bitcoin. So to me it seems like a good portion of people know about Bitcoin, how come basically nobody owns any of their own?
Utility is arguably the largest hurdle to adoption at the moment. So /biz/, what will be the turning point in adoption?
Will it be when Bitcoin being accepted at every online retailer or something more brick and mortar like Wal-Mart?
>>998662
Blockchain technology will enable killer apps which will be so much better than traditional alternatives that people will have no choice but to use it
>>998681
Are you talking about simple contracts which don't require 3rd parties?
> Why haven't you gotten BTC?
1) It's been proven unsafe
2) I don't think it's gonna last for multiple reasons
If America is mainly a "consumer economy" how does our GDP double that of the cucks making our toys? Where is the money coming from?
>>1001643
We have value, at least in the eyes of the other nations.
We trade that value for their value.
Consumption = production. We just measure consumption because production is harder to measure.
We don't produce a whole lot of tangible "goods" but our services keep the money flowing. A service based economy is the healthy destiny of most post-industrial economies, but of course any real gains are from the productivity increase.
Bascically the system works so don't question it....
Comment too long. Click here to view the full text.
>>1001649
Cuck is no longer kek?!
>>1001657
You are still a cuck.
What are your predictions on Trump's tax reform?
Do you think he'll be able to clear up 10 trillion dollars in the next decade in tax dollars solely by clearing out any loopholes?
What about his ~9 billion dollar wall and the US/China trade reform?
It's a lot to take on in 4 years. Do you think he could do it?
Even if he's elected, his tax plan will never be realized.
Neither Democrats or establishment GOP will allow it.
Look at Obama's tax reform plans from 2007 and how that turned out.
>>1001618
Well. It was more of a hypothetical "Trump is king emperor God of the United States situation"
I really hope he would be able to pull it off.
>>1001613
>8 years
Ftfy
Oh man. You guys sure were right. Just look at this absolute devastation wrought by this announcement!
Can /biz/ even Robert Lucas?
pump before dump
>>1001568
We've been preaching the priced in meme all year. I think you're looking for /pol/
>>1001621
Exactly, the sector that's going to be most affected by the rate hike is the junk bond market, and those have already been clobbered- HYG and JNK
I just bought 4000 Rolls-Royce shares.
Am I fuq'd?
*400
>>1001552
Why though?
why would you do such a thing?
Which side of the CASHFLOW QUADRANT are you on /biz/?
>>1001534
If I own some cash monies and savings balances, and don't have a job, does that make me an investor?
The leftmost one, as most people on /biz/ are.
>>1001534
That's clearly a quintrant OP.
Is it worth it to start mining bitcoins?
kwh is somewhat expensive in my country, but I could install some solar panels
Idk, is it worth the investment?
No black halving is comming in six months, difficulty is also going to increase by 20% soon. At best you won't see a roi in months
>>1001390
Block*
>>1001390
Whats black halving? Ive heard it here and there but never bothered to research
I cooked up a delicious pie this morning.
>>1001266
>long rubles
Aha, anon pls why
>>1001266
Are you me?
>>1001274
Because the USD overcompensated and the RUB has become risk averse.
>Be me
>white male
>live in US
>Live in shitty, Conservative flyover state
So, I can just grab a loan for a down payment on a house, and take out a mortgage? Then start charging rent to said property until it's paid off?
Will banks let me do this?
please respond
>>1001178
Sure. Illegal Cantonese immigrants do it all the time. Of course, they don't exactly go through bank credits.
>>1001201
Sounds like an interesting story.
Why do people monger over crashes and recessions so much when they are always temporary? Why sit out on hundreds of percent in gains just to short a measly 25-50% gain. Just avoid allocating a bunch of money into bubbles (diversify) and hold. There's literally no reason to worry about a crash unless you are retiring in <10 years.
Any psychologists or sociology fag have an input on why humans are so drawn to making little returns shorting a crash rather than buying and holding?
it takes a strong will to see all that money disappear so fast
>>1000756
But it's unrealized. You have to be retarded to think of it as real money.
>>1000671
a person gains 5 bucks, and it's not too much of a deal for them.
a person loses 5 bucks and all of a sudden that's their money being jacked right out of their pocket.
it's the same reason why people will fall deep in debt on the poker tables and keep riding the crash into the ground.
>15 dollars taken out of my paycheck everyday due to taxes
What the fuck how do I stop this?
>>1000670
kill yourself
Quit your job.
What are some non-shitty cubicle 9-5 jobs?
I'm making decent income from websites / amazon so I'm just looking for a 9-5 to increase my income but doesn't want to make me kill myself
And what should I major in? All business degrees to me are useless, comp sci is too hard.
Give me some good ideas and I can help you with any questions with online marketing
Bartending is the most common job business owners had before they became rich. When I was in Uni, we surveyed a bunch of business owners here in Chicago about what they did while they were starting their business. 54 of the 91 people we interviewed said they were a bartender/worked in a bar to make ends meet until their business took off.
You get good tips and you get to work in the evenings/nights, focusing all day on your business.
Second answer (mostly from Finance guys) was personal banker/financial adviser. Was salary based and worked 3-4 days a week with...
Comment too long. Click here to view the full text.
>>1000665
2nd the bank suggestion. I also get decent income but wanted something to do during the day
>>1000665
Just become a security guard and work your way up to being the guy who trains other security guards. They work 8-4 office hours daily in a heated office with internet, and they don't train people every week.
What field of Mathematics will be the most in-demand in the future?
>Cryptology
>Quantitative Finance
>Probability, Risk and Statistics
Common Corology
foundations
anything to do with programming
What do you think is the key skill that a salesperson must have?
>>1000281
Sales
>>1000285
this
and be good looking
>>1000285
Being a person
Esoteric finance/ investing strategies.
I want your most esoteric stuff, the stuff buy-side analysts discuss behind closed doors. I don't want the buy low sell high or trend trading vanilla. I want to hear about the most creative and esoteric ideas you've stumbled across throughout your trading careers. I want exotic.
I guess I'll share one to kind of give an idea of what I am looking for:
I was big into stock options. I happened to stumble across this book that delved into the techniques of trading on, or around expiration Friday. The book...
Comment too long. Click here to view the full text.
>>999917
Or it could be -99%
>>999917
Water rights
you're welcome
>>1000765
old news
air rights are the big thing now
i've been doing well on interest rate swaps. not that exotic but people get retarded before fed meetings and give away money.
