/biz/ - Business & Finance

>>2574330
Eth is dead.

>trying to sleep with a margin position open worth 500% of your portfolio

>tfw out of money from buying dips

literally made more money gambling on yobit dice than I did in the past month of trading shitcoins. fuck me man. turned 0.012 BTC into 0.089 BTC btw.

This industry is supposedly valued at over 100 billion dollars. Hundreds of coins exist and ICO's pop up every day. But what is the point of it all? Every one of these coins promises the moon and lists all the reasons why it will change your life, but none of these snake oil technologies are being used for what they claim to be used for. Ethereum is pretty much only used for creating new coins and ether is only used for gas to get ahead of the line in new ICO's. (Deep web drug markets not considered) It's a pyramid built on top of a pyramid. And now we have bancor, the pyramid built atop the pyramid that was built atop another pyramid. It's a house of cards.

Smart contracts? Bitcoin has check lock time verify which does the same thing. Be honest, you have never used any of these new coins for any purpose other than speculation. Maybe litecoin could have some value, I see it being used to transfer funds while bitcoin is used to store the funds. Everything after that is just a ponzi scheme.

To me, at least, it seems like this industry is becoming the next multilevel marketing scheme. We're the new scammers.

Anyone else worried about this?

>>1962239
Start at 4 tomorrow, I know your pain

>760 verbal SAT score
>500 Math
>Graduated top 10 in my class
>always have been considered one of if not the smartest kids in all of my classes except Math
>go to top 20 uni
>can't even pass pre-cal
>all of the science classes that i used to be the top of my class in require more math in college, im shitty in them now
>tfw there is literally no subject i could possibly major in right now that isn't worthless because i suck at math


>tfw doomed to a life of surfdom because i'm good at irrelevant shit

What do? Is there ANY HOPE OUT THERE FOR PEOPLE WHO AREN'T GOOD AT MATH? FUCK

How long did you have to work for your employer before you got paid vacation? I like my employer and I get great health benefits, but they make you work there for one year (officially 2000 hours labor) before you get paid vacation.

>>919468

How does one go from a retail manager dealing with subhumans all the way up to those guys who make $250k/year and another $250k in bonuses