/biz/ - Business & Finance

>>30298702
>and people need those things inspected
Fuck off faggot
Your probably a nice guy...but still

>>30238466
He spilled the beans to the masses
So much for my insider info special fuzzy feeling

It's worth one ounce of physical copper
So like 15 bucks
OP is a faggot

>>29781345
How do we get out of here anon? This state is hell, and the nigs are closing in from all angles.

>>27578417
based.

>>26864000

>>26769348
64 shares of NOK @ 6
109 of AMC @ 12
7 of GME @ 160

WHO HERE IS READY FOR THE NEXT WEEK!

WOOOOOOO!

>>26569103
You and most people in this thread miss a critical point. It's all about optionality.

>>25991877
Wait. I'm confused. An investment bank is invested in stock, bonds, gold, bitcoin etc? That's fucking crazy talk. Bitcoin is going to 0 tomorrow, along with tether. What a disaster.

>>25983769
> I m new in cryptos

Yea you're a fucking Pajeet dude. Now geeeit.

How's coinbasepro's API? Stable? Does it timeout when the pleb website times out?

What is the landscape of ALL possible outcomes and their corresponding probabilities? How have similar cases in the financial markets been resolved in the past?

Do owners get jailed? Do they shut down the companies? Or do they just receive a hefty fine? Yeah.

The most likely outcome: ~100m fine, USDT/USD price dips like 2% for a few hours. We move on.

Is there any legit attorney that has looked at the case? Most coin-xxx.com articles and reddit/biz comments are written by genuinely stupid people. You can tell just by reading the way their thoughts are put together and how they omit critical information. I'd be curious to read a legit analysis by educated experts. Some thoughts:

a) USDT-printing:
Notice how USDC and USDT are being printed at similar rates. It's just that USDC prints them in smaller chunks.
https://twitter.com/usdcoinprinter

b) "74% backed by cash":
What is the current percentage? Have they kept up that illegal activity? Is it possible to infer that through iFinex's accounts?

c) If Apple is found covering losses, the executives might go to jail. The company might have to pay fines. Do you shut down the company? If JPMorgan is found laundering money for drug lords, do you give them a hefty fine or do you shut down the company? What happens to its stock price?

d) Looking at pages 93/94 of the actual lawsuit, they are asking for financial relief that is to be determined by the courts. How the fuck do you even begin to compute that? And if it's 1bn USD, how does this compare to iFinex's financial accounts? https://www.courthousenews.com/wp-content/uploads/2020/01/Bitcoin.pdf

I decided to have a look at all this shit yesterday. I am not a lawyer but it seems unlikely to be a catastrophic event. If they get fucked and lose the lawsuit, how much will 1 USDT be worth? In terms of US dollars. My guess is waaay closer to 1 than 0.

But I'm very open to hear thoughts by people with experience in dealing with such cases.

>>25543049
You're a fucking idiot
>>25543059
Except the US just printed a trillion dollars for fun last week. And People are hoarding BTC off the exchanges. You won't see a shortage in dollars and tether you retard. You'll see a shortage of BTC.
>>25543070
Buy cheap shakeout bitcoin with government funny money.

I haven't seen a 7 digit folio in the past couple of weeks. Or even a high 6 digit one.
I wonder if those people cashed out their 5mil and peaced the fuck out. Or they just don't want to draw attention being so close to making it.

>>25074607
You will never be a woman. You're opinion is clearly dogshit. BTC is being bought by fucking billionaires on the fucking TV idiot!

>>24708829
Based wealthy anon.
These trash coins have no volume.

Like others said, 2mil before taxes is not enough to chill for life.
This is the genuine pro-tip: Spend some time to identify what you want to do to create "value". Value can be a lot of things. Farming, carpentry, tech startup, charity work, music, teaching etc etc etc. Find what you love doing, and focus your energy on it. Answering that question can take months or years. But you have time to explore.
So when your discuss with your girlfriend, just say your interests have "shifted", and you are into X now. As long as you don't become a useless couch potato, she'll be happy with it. Just be thoughtful, proactive and considerate.

>>23880397
Are you algotrading, anon? That's the kind of observation that an algotrader would make.

The market pumped super hard from March and, yes, it topped in the first couple of days of September. Sad to see things crabbing but fingers crossed for another pump or two next year.

You are illiterate as far as finances go, he is a good dude to listen to.
Because of the kind of audience he is targeting, he is biased towards super safe, slow and steady kind of growth.

If you don't know if you are illiterate or not, you should probably listen to 20-50 of his videos.

>>23745863
There is no money to be made on Biden now. The election is over, try to cope with it.

>>23724143
You are looking for consistency. You will be looking for a while.

>>23697235
> All I have gathered from these supposedly explosive leaks is that hunter biden has sex and a big dick

Could someone link to what the story is? Not a meta-article ABOUT the story of the leaks. Could someone link an actual news article about the leaks themselves?

>>23610465
Don't waste your time trying to argue with people. Either 19 year olds or failed 30 year olds. Either way, it's people who have never manged more than five figures.

Realistically you can't avoid paying taxes without going full on tax evasion. Tax avoidance can probably reduce your shit down to 20% or some shit. Tax evasion is a risk that you don't want to take. Cashing out 7-8 digits means you are set for life. Set for life implies being "chill" and not fearing every email notification or phone call.