/biz/ - Business & Finance

>>9032545
get rich before its too late

>>8968709
>none of these coins have any practical use
I work with an east asian company that crowdsources work to the developing world, they use cryptocurrency to pay the workers in smaller automated increments with virtually no tx fee.

>>8948003
How do you live being this fucking retarded

>>8905045
What do you say?

>t. Needs help

why havent you filed your taxes yet?

>>8849827
You realize that some of those hot asf girls are more autistic than even you.


>>8849861
You forgot to reply to me "newfag" I know people are bitter on here but for a second I thought I misclicked and was on /r9k/

>>8569580
Now which other Y Combinator backed project would they add first

Are you ready for the big sellout tomorrow?

https://www.youtube.com/watch?v=e8-sMJZTYf0

What you listening to in the crash /biz/

https://exhentai.org/g/1198379/ebe647880f/

>>7997118
idk. do you think it's an MIT in-joke?

https://www.wsj.com/articles/xi-jinping-president-for-life-1519598379

ITT: How do you think this will affect the Chinese market?

Imo, the Chinese are setting themselves up to eat shit when either the world economy or the markets dip, and their gov. owned businesses tank.

>>7374190

Good questions.


From the Wikipedia page on bank rate:


>Bank rate, also referred to as the discount rate in American English,[1] is the rate of interest which a central bank charges on its loans and advances to a commercial bank.


>Whenever a bank has a shortage of funds, they can typically borrow from the central bank based on the monetary policy of the country.


The Fed borrowing rate is the rate at which the biggest banks in the world borrow money from the Fed. These big banks are formally referred to as the primary dealers (PD).


The PDs have been borrowing money from the Fed at 0.x% for the last decade. Imagine having a credit card and the interest rate was 0.5% with an unlimited credit line. What would you do? Well, if you were smart, you would buy up real income producing assets. Electrical companies. Power plants. Waste processing facilities. Industrial level factories that you have funded basically with free money.


Well, because of this, there is obviously a lot of money flowing around (liquidity, if you didn't know) and prices in pretty much everything that is in the .1% price range has skyrocketed. Super yachts, rare art and especially stocks have all gone in the last 10 years while median household income is sitting around 2000 levels.


So, now what is happening is the Fed is just slightly closing the spigot. Like, .25%, and the entire market freaks out. This is how artificial markets are right now because the currency by which value is calculated (USD) theoretically has an infinite supply. So basically Wall Street is pissed because they don't have their free money anymore.


Hope that helps.

>hits 6k
>instantly jumps back to 6100

>>7012384
I've seen this same post word for word three times now.

>>6412544
i'm not joking dont panic guys JUST PUT SELL ORDERS UP.

>>6094896
I'm neewb and an economic brainlet. I'm going to hodl on Doge and play with Litecoin. Nothing too crazy. Only gonna throw in about $100. Good plan?

>>5777874
wtf

>>5119475
>nobody can cash out because nobody wants to miss a moon mission

>>4692301
When Tether is redeemed, the token is burned. This is how it operates.

In over 760 million tokens, not one single Tether has been burned.

>>4672675
Uh. That doesn't sound 'random', exactly.

Do my charts on Cryptowat.ch save after I close them and turn off my PC? I don't have an account there and I don't want to pay $14 a month

https://www.reddit.com/r/kybernetwork/comments/7ev191/blockchain_at_berkeley_to_assist_kyber_networks

What the fuck is Blockchain at Berkeley

Just bought my very first ~0.8 btc. did I buy at a right time?