/biz/ - Business & Finance

>>18333006
Thanks bro!

>>11297073
>counterfeited
>russian business overdrive

>>11027726
this shit is straight scam
they were hacked back in april all my 700 waveshits were stolen and got banned on their helpgroup

For your information. Keeping things legal insider trading-wise. Tl;dr big company switching a side project from ETH to the BTC blockchain.

My gf is a software engineer on an R&D team for Big Huge Old Normie Company, Inc. Her team's primary project is building something on a proprietary blockchain. But two weeks ago, her team got passed down a new secondary project involving blockchain implementation. When (or whether) this project will ever see the light of day is anyone's guess. At the time, leadership was set on building it on Ethereum. Yesterday, however, she was informed that they would be switching to building on Bitcoin.
Details on rationale were sparse, but "it had more to do with the negatives of Ethereum than the positives of Bitcoin," despite the stronger existing use case infrastructure for ETH.
Take this with a huge grain of salt. Motives here are unclear. It's entirely possible that whoever made this decision is just clueless. This might have been an intracompany political move, or any other set of outside factors. But for some reason, someone at a normal, generally non-blockchain integrated company decided to switch from building on ETH to BTC for this R&D project.

I've got the weirdest fucking job ever and I love it
>drop out of a top school
>get charity hired into a tech startup by alum of said school
>job title places me in the "Marketing" department
>maybe 4 hours per week of real, stated responsibilities
>rest of my time spent in meetings telling engineers how to do their job
>otherwise writing reports and building up company documentation in preparation for scaling up/commercializing tech
>on top of that, sitting in meetings with business representatives from Chinese companies, emotionally manipulating them through my education in Mandarin
>essentially working on CEO-level responsibilities with all the benefits of access to information and clout without any of the accountability on my time and efforts
>boss (guy who hired me) is VP of sales and marketing, but is too jaded and headstrong for anyone to like him or listen to what he has to say
>have established a cult of personality through the halo effect, being an attractive, enthusiastic, young white male with a unique skillset in an aging labor base, while acting as his mouthpiece throughout the organization
>stand to benefit enormously if we succeed, catapulting me up the fast track to the executive level; if not, already have standing offers within the small, insular industry for positions requiring 5-8 years of mid-level management industry experience
>mfw no one would even look at my resume before this and I've only been working for 2 months
Yeah, waging is a real drag

>>10733297
just be patient with this one, it'll be maximum over business mode before Christmas

The rate of wageslave threads seem to have subsided a bit. It seems to have fallen into the category of fleeting concepts that capture the attention of the board and then fall off once the userbase runs either runs out of things to discuss or sort of deal with it emotionally. See also
>BEEEEECONNEEEECCCCC/crypto pyramid schemes
>can't cash out
>per-trade capital gains taxes
>virgin/chad dichotomies
>HODL
>Dec 2018 altcoin moons
Note that many of these remain a part of the collective consciousness even after the spike in attention. I believe this residual effect tends to occur when the concept striked at some fundamental truth of sorts. I believe this is the case with wageslavery, specifically in that the underlying issue is the inefficiency of human intellectual labor. In comparison, manual labor tends to be much more easily defined and evaluated. Take my friend, a veteran UPS employee, for instance:
>starts out as a truck loader
>moves X packages per hour
>rated against peer loaders, wage calculated as a portion of value generated plus some factor of profit margin
>supervisors take various performance benchmarks over time and decide to promote or give out raises based on this info
Meanwhile, for myself as a white collar tech wage earner:
>come into the organization with little to no stated responsibilities
>no strict boxes-per-hour metric for evaluation, no direct peers within the organization against which my supervisor can measure my performance
>even if there were, there would be no easy value-to-labor conversion
All of the facets of "wageslavery"--the stress, the shitty communication, annoying coworkers, wastes of time, stupid jargon--are derived from this.

>>10520989

>AMAZON LOCKERS IN WHOLE FOODS TO INCLUDE BITCOIN ATMS

>OFFICIAL

Which coin has the most autistic community ?
I say Digibyte.

You've overbusinessed me.

>>3336869
>Everyone come back to work, the hole in the building is 80 stories up, it's no big deal

HAH bizness

I don't give a shit about whatever cryptocurrency is now popular, but I shit you guys not, all big consulting firms from Accenture to McKinsey & Company are HYPED about blockchain technology. Big finance clients are excited to replace aging transaction processing systems with a distributed ledger system, which means they can cut out the middle man (3rd party intermediaries and trusted partners) and fire thousands of paper pushers.

Shit is HAPPENING right now and the train is about to leave the platform. Get on it or miss the opportunity of the decade.

Don't believe me? Just do a Google search, all MBB & Big 4 professional giants have white papers about it.

>>1474630

Hey /Biz/, let's talk about the ones that work with their mouths but without the costs for knee pads, the people in sales.
Tips and tricks, does it pay and what is getting sold.

>>811403
1. find a strategy you like (magic formula, mean reversion, value investing, trend following, graham/buffet buy and hold, ...)
2. use some equity screener for your specific criteria (ft.com has a good one)
3. do thorough analysis on the companies (read some investing blogs for inspo on how to write a good analysis)
4. write down your conclusion and save it all in a google spreadsheet
5. if you decide to buy, set a goal (in the form of a stock price, moving average crossover, or whatever your chosen strategy suggests) and sell when that goal is reached
6. if you decide not to buy, write down when and why you think it's cheap enough to buy and revisit your analysis later

unless you do news trading or some some form of social network trend trading, you'll mostly find out about the stocks from your screener. however, i have a mate that basically only buys the stocks mentioned in popular podcasts, and he beat index with it. what im trying to say is there's sooooo many strats out there, and the holy grail is the one that fits your personality. for example, while im quite sure i could get 25%/year with a minimal-effort mean reversion strat, i really couldnt do it because i simply dont have the balls to buy that shitty companies.

my holy grail is probably a weekly trend following strategy that will allow me to focus on work and school, and hopefully do all the planning on sunday even, and the transactions on monday morning. i want to spend minimal time looking at spreadsheets.

best of luck to you, op!

How much money can a company with only 10 employees realistically make?

I've been working for a family owned company that makes homeschooling curriculums and ships them all over America for 3 months now. It's completely run on someones property a few miles outside town. I work in the warehouse, counting me 3 people work there. 2 warehouse assistants and 1 manager. The office is right next to the warehouse and has 4 people using computers to process orders, 2 taking phone call orders, and the boss and his wife in their own office. All together that's 10 employees.

I'm 19, male, hs graduate with no work experience. I emailed them with my shitty resume on a Wednesday and I was working Friday. No interview, nothing. Just show up and start working for $13/hour putting piles of books and board games in boxes and printing a UPS sticker. No prices on the orders I pack, so I have no clue how much each order costs or how much profit they make.

I work for about 7 hours each day, so that's $91 every day they just give to me for this easy ass work. And everyone else besides the other warehouse assistant has been there for years and makes at least $5/hour more than me

How much money can this company make that they can afford to hire some kid off the streets with no contacts or experience and pay him $4.50 more than minimum wage? They just celebrated their 30th year.

>>613370
Cuddies for anyome that can explain to me this r>g shit to me. I have the book and I want to understand what the hell he is talking about. I am taking online MIT courses just to maybe get what he is talking about