/biz/ - Business & Finance

>>10866245
>>10866379
>>10866403
>>10867084
>>10869532
>>10867255
>>10868507
Look at all these dumb slaves shitting on the slave in the pic of OP because the slave in the pic is treated a bit less bad by his masters.

This is like field niggers hating on house niggers. You're all fucking slaves and you all have it worse than you should. You all produce much more value than you get in return.

>>10531995
Mining doesn't establish a soft price floor. Think about it. If you make a cardboard car in a very inefficient way and it costs 400k to make, are you guaranteed to have buyers at 400k?
There's such a thing as selling at a loss.

The only thing that's guaranteed to happen when price goes under mining profitability is that people who have higher mining operating costs stop mining and then there's more reward to share among the miners who still mine.

There's nothing inherently more fair about pow distribution. An asic company had a secret monero asic for a long time, as was evident when they forked to a new algorithm and the vast majority of hashrate disappeared. Mining rewards also tend to reward early miners much more than later miners, similar to ICO sales that go in rounds with increasing price.
Mineable tokens can definitely be dumped. People who mined early can always dump at a profit if the price kept rising. Airdrops even can be more "fair" depending on how it's done. Or faucets. It's never really "fair" though. One public ICO round with mass awareness tends to be "fairest" distribution in the end. Maybe unfair gains for the creators of the coin, but they could for example distribute it with an ICO via a smart contract that burns everything they recieve and automatically dispenses the new token in return. Can even accept only a stablecoin to reduce volatility of the token price in ICO to USD levels.

Also if you're aware of all this and you're arguing in bad faith, please do neck yourself.

>>8327400
No it's not you troll.

I just got xrb today. 1600 worth at market price. This thing will be $20 by end January. All will be forgotten. The only way is up!

You suddenly receive a free $100,000 to invest as you please. Design your ideal portfolio to hold for 6 months, starting new years'.

I'll start:
15% ENG
15% XMR
15% ICX

10% ETH
10% XLM

7% NEO
7% OMG
7% REQ
7% SALT
7% VEN