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/biz/ - Business & Finance


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18593239 No.18593239 [Reply] [Original]

What would you recommend I invest in to make the greatest profit I can in these times; I haven't invested in anything ever until now, so I'm completely clueless.

>> No.18593464

>>18593239
Xdag, monero & bitcoin for crypto
S&P 500 for stocks

>> No.18593469

A 4chan Gold account, of course

>> No.18593474

kleros and idena sirs

>> No.18593482

>>18593239
You require a FourChan Gold Account in order to view this post

>> No.18593590

>>18593464
>>18593474
Will look that up
>>18593469
>>18593482
I don't get the jokes; anyone care to explain?

>> No.18594271

>>18593239
Stocks are unironically more exciting that crypto right now. Crypto is just crabbing.
Wait till the 2nd dip crash and pretty much buy anything.

>> No.18594478

>>18594271
Any predictions when that will occur?

>> No.18594495

>>18594271
evryone can see what happened after 08 so buying every fucking dip tho

>> No.18594563

>>18593590
tell me how long you've been here and i'll give you the lowdown

>> No.18594583
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18594583

>>18593239

>> No.18594595

>>18594563
On /biz/ only like thrice; have been posting on other boards for a couple years though.

>> No.18594615

>>18593239
this Vitalik guy is so smug

>> No.18594618
File: 58 KB, 500x375, tumblr_lvjlcyDLCB1r5aicqo1_500.jpg [View same] [iqdb] [saucenao] [google]
18594618

>>18593239
80% Ethereum
20% Zcash

I got out of stonks and dollars completely. Corporations pretty much own themselves at this point so dividends are unlikely in the near future (see pic)

The normal person has no idea how OPEC arbitrage keeps the dollar in demand despite our trade deficit. So yaaa dollars are fucked to.

If you look really hard behind the scenes all the tech bros are really big into blockchain technology. They can use blockchain Economics to directly turn their goods and services into the equivalent of money to trade with each other. In this economic system there is no demand for Fiat like dollars so at best the dollar will be a tool to direct labor while having no actual trade value.

Pretty much everything ties back into the Ethereum Enterprise Alliance. Even this ID2020 doom porn has a Ethereum Enterprise Alliance board member on it. Significant effort seems to be directed towards onboarding people to blockchain systems with Decentralized identity projects.

Links below for projects with a Enterprise Ethereum board member on them.

https://www.digitaldollarproject.org/stakeholders
( project director )

https://www.weforum.org/centre-for-the-fourth-industrial-revolution/partner-with-us
( team member ) ( scroll down to partners )

https://www.weforum.org/projects/digital-identity
( program adviser ) ( look at partners on right side )

https://ktdi.org/
( program adviser ) ( travel international identity )

https://gbbcouncil.org/
( Board of directors )


Also see

https://identity.foundation/ (EEA member)


https://entethalliance.org/members/ (EEA)

https://www.hyperledger.org/members ( important for Enterprise internal blockchain use. Directly interfaces with Ethereum)

>> No.18594625
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18594625

>>18594618
pic

>> No.18594646
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18594646

>>18594615
That is the founder of 4chan retard.

>> No.18594668

Bump. I am also completely clueless.
I have around 2000 $ in my savings account. How do i invest this money in stocks? Can i just go to my local bank and tell them what stocks i want to buy?

>> No.18594717

>>18594668

Google Robinhood

>> No.18594770

>>18594717
Lol doesn't matter how many dollars you make if dollars collapse. Buy something physical.

>> No.18594797

>>18594770
Like gold certificates? I heard gold is goin up too a lot.

>> No.18594802

>>18594770
>thinks that inflation, and not deflation, is the fiscal challenge going forward

You are going to be shocked and horrified by what happens next

>> No.18594835
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18594835

>>18594618
>>18594625
>>18594646


Ur a fucking glow nigger. I saw a post where you said -15$ when someone asked what a good price for oil was.

Also yesterday you said it was going negative and it would be like Y2K because no one programmed for it.

Glownigger trip fag Char fag. You must have known before hand.

No one listen to this guy he says chainlink is a scam. This glow nigger wants us to sell our linkies

>> No.18594854

Make a few thousand on BTC if you can afford the investment. Don't overdo it.

>> No.18594900
File: 1.88 MB, 640x360, gold.gif [View same] [iqdb] [saucenao] [google]
18594900

>>18593239
>>18594668
First 7 grand in physical Gold, followed by 3 grand in physical Silver; then maintain ratio from there. Once you've got enough saved, move into property with a 50/50 split between PM's and Land. It's as foolproof of an investment plan as it gets, and in the current times PM's are set to be extra profitable if you sell before correction due to their usual boosts during economic crashes.

Shit like >>18593464 >>18593474 (pajeet) >>18594271 and >>18594618 (reddit spacing, avatarfagging tripnigger advertising the redditcoins) not only assumes that you have general knowledge of the markets- which for newcomers, lack of knowledge and not realising that they're on a Duning Kreuger curve's peak can not only lead to lost money via simple mistakes, but also overinvesture due to not knowing what is and is not good general market prediction.

tl;dr Gold and Silver have almost never been a historically bad investment (as in, they're deemed more of a value safe haven than liquid cash), are long term, slow burners, don't need any signup or shit like that to get into, only need to account for premiums (and VAT on some Silver), and are unlikely to lose money due to the fact they are (together) the two most stable market assests on the planet (even more than government bonds and, topically coincedental, crude oil). You're not going to gain that much money, but at the same time, you'd have to buy at a pretty fucking high peak to lose money (and even then, just wait a few years and you'll be back in the green). To further add to PM's being good for beginners, having them physically in your hand is uniroincally a good psychological reminder for the value of money, and there's only 2 (4 if you count Plat and Pall) market variables to learn (as oppose to the 100's of bonds/indexes, 1,000's of cryptos and 1,000,000's of stocks)

>tl;tl;dr
gold

>> No.18595031

Reposting from /PMG/

>> No.18595034
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18595034

>>18594900
lol imagine being so retarded you do not even read what you are trying to FUD

Also imagine being so retarded you buy silver or gold literally thinking its a good investment and not even taking into account inflation. or the fact that it has been devaluing even faster then inflation.

Price of silver ~1980 650$
Price of silver now ~15$

you are a Cuck

>> No.18595076
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18595076

>>18594900
Not going to pretend 99% of crypto posts are jeet scams but my i am legit

if you want to fight me over Boomer rocks i am going to make you look like a total retard. I know far more about economics then you clearly do.

>> No.18595393

>>18595034
>calling me a retard
>not even knowing why Silver is supressed
Imagine giving advice on shit you have no idea what you're talking about.

>> No.18595436

>>18595034
>>18595393
Please tell me why is that the case.

>> No.18595732
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18595732

>>18595393
Imagine getting so rekt by by a crypto fag you resort to cryptic nonsense rather then trying to refute my logical and historically accurate statement.

>>18595436

Unlike the retarded person shilling boomer rocks i am actually going to take the time to explain my position.

1: Both gold and silver have performed worse then a low interest savings account. In fact you would have been better off holding dollars historically in most cases and that is fucking sad.

2: Crypto is mostly a scam however holding plain old Ethereum will most likely be the best bet. This is because Ethereum is just gas in a network all the Fortune 500 tech bros are drooling over. It is about the only asset you can be reasonably sure of will hold value into the future as we transition into a economy that turns literally all goods and services into money themselves. Basically a trade economy facilitated by blockchain economics. The people with the most power will obviously be corporations since money is now directly goods and services only they can create it.

>> No.18596051
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18596051

Lition is probably the most obvious x100 token ever, but you have to be patient. There will be no pump and dump bullshit by the team. They focus on tech development, alliances and reputation. Your crypto money is not relevant to them, they already earn enough Euros as an green energy provider.

>> No.18596052

>>18594646
that's sigourney weaver you filthy newfag

>> No.18596097
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18596097

>>18596052
https://en.wikipedia.org/wiki/Christopher_Poole

kys

>> No.18596371

>>18596051
Decent pick.

Dont know if its x100 but it defo worth to grab a stack.

>> No.18596495

>>18596097
That was the most newfag reaction you could post
Lurk moar

>> No.18596507

>>18596495
did i miss something...

>> No.18596519

>>18594271
>Crypto is just crabbing.


So are stocks

>> No.18596582
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18596582

>>18595732
>responding to a low effort post with a low effort post is now 'getting rekt'

>don't talk about what you don't understand
>>cryptic nonsense
OK faggot, I got hints that you were autistic by taking a joke at m00t's expense seriously, but you're really knocking it out of the ball park now (metaphorically, I get you autists need clarification for every non-literal thing)

As for the advice itself, how about you first stop lying through your slimy fucking teeth - a low interest is usually at 1% compound, leading to roughly +22% of initial investment after 20 years (+5% after 5); which even given Silver's volitility, oligarchation and market crunch from 2011, still puts it way ahead of your shitty fucking concept of savings interest while in dips - Gold so far in the distance you can barely make it out on the horizon.

>> No.18596600

>>18595034
>Price of silver ~1980 650$
Huh?

>> No.18596602

Secondly, as your your retarded advice, hedging 80 FUCKING PERCENT of a portfolio into a single, highly volitile investment is not just stupid, it's borderline suicidal. Your justification for this is 'dude it's the future bro' despite the fact Etherium has had numerous issues already with use in Ponzi schemes, is completely unproven in a general market environment, as well as it being the volitile Silver to Bitcoin's Gold (that's also a metaphor, autist). Meanwhile, whereas your only 'argument' is 'dude trust the future bro', you don't even have 5 yearsworth of fucking trading, much less with it being taken remotely serious by any major investor (some still ignoring it over Bitcoin, the current only widely accepted crypto around - still another highly volitile, non-beginner friendly investment). No proof of value through decline, no real world backing, not even the most reliable on the crypto market - fiatshit through and through. No wonder why leddit started using it here there and everywhere - it's fundamentally worth fucking nothing and is prime fiat. I can appreciate a small diversification (5% total wealth) to get into the crypto market (with it split evenly amongst all 4 major coins) - but 80 FUCKING PERCENT? AND 20 FUCKING PERCENT OF SOMEBODYS LIFE SAVINGS IN AN ALTCOIN (that 99.9% of people, even on /biz/, haven't even heard of)? AN ALT COIN. ARE. YOU. ON. DRUGS.
Meanwhile on my end, whereas your only criticism is 'muh boomer rocks' (ie, old people lmao! just like my funny newfag template ememe!) not only is there extensive market and historical trends to pull from, not only is there countless studies on how PM's almost do the exact opposite of the market (ie, if it's about to crash, gold/silver usually spikes, hard, since they're safe conservers of value),

>> No.18596616

not only is there extensive market data showing continual growth (which can be used for predictive purposes - something which you're completely making up when you imply ETH is a safe investment compared to FUCKING GOLD), not only does it not require 5 fucking programs to juggle your coins around on to purchase a fucking altcoin and get money from it, not only are they a wholesale accepted signifier of value since 2000BC (and thus extraordinarily easy to liquidate at basically any time you want, in any environment), not only is it a physical investment (therefore completely your own, not promised or easily stolen as has been the case for 3 major crypto heists - just the major ones mind you), not only does it have real-world usage which not only keeps it in demand for industry to maintain an absolute flatline value at all times (which is growing, given commodities like smartphones require small amounts of gold to be made - unlike crypto, which is at best a curreny replacement, and at worst fiat based on numberstrings), not only is it a linearly limited supply growth with mulitple checks and balances to prevent (major) market flooding (unlike ETH, which is by nature a reverse exponential curve of generation, and like every fucking Crypto, is constantly getting shat on by the Chinese flooding the market and assuredly the Bogdanoffs making phonecalls that can't be refused <- again, a joke, autist), not only is it the commodity which up until relatively nigh recently every single fucking currency on Earth was backed by (until Crude allowed for fiat to take place and in turn maintain hegemony of the American unipolar power),

>> No.18596647
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18596647

not only is it extraordinarily easy to get into for beginners (as in the reason this thread exists is for complete newfags trying to lurk - unlike you - as in, look online, find a place that doesn't rape you over spot with premiums, buy, done - compared to the crypto juggling because direct trading of any coin to cash isn't even a thing) BUT MY BIG GOLDEN DICK CAN LODGE ITSELF SO FAR UP YOUR ASS I'LL RUPTURE A FUCKING ARTERY. HOPEFULLY KILL YOU, SO THE DOC CAN WRITE ON YOUR DEATH RECORD, COMPLETE - ANAL - DEVASTATION.
You want to talk about 'exciting futures'? Let me put forward a scenario which is more realistic than a global hypertech ETH backed Communist economy (like you unironically fucking outlined) - if at any time Crude collapses (like it's teetering now - it won't collapse; but you get the idea) Gold is going to be the first fucking thing every country in the world flocks back to, like battered housewives. It would be the (literal meaning of) the economically fabled Golden Bull run. Gold (and to a lesser extent Silver) are the ONLY two commodities (full stop) which reliably maintain value.

tl;dr Try knowing about what the fuck you're talking about before 'advising' people on them, you complete and utter fucking retard, especially when there are people ITT who are trying to take advice on their fucking life savings (something I'm sure you don't have any of, given your non-concept of the value of money, LARPing away to no end as if it's just a number on a screen for everyone). You don't even have 5 years of history to pull from but you're making delusional grandstands that the Rothschilds and associated Greater Jews are just drooling over redditcoin, when, back in reality, JP Morgan & Chase have fucking tripled their Silver stores in the last 5 years as a result of their own deflation of the market.

tl;tl;dr fuck off back and kill yourself faggot

>inb4 teehee ur trigured lol i dont hav to respond becuz i cal u trigur therefour me rite!

>> No.18596684

>>18596519
>Crypto is just crabbing.
>So are stocks

Stop it with your shit snide advice. You are one of those people that probably believes Bitcoin will be 20K and again and and your shit link is going to a $1000.

There is more volatility now than in recent history and if an individual has the attention of something more than a goldfish there is a legit long term return to be made.

PS All you whiny little millennials ... if you get in now you can retire like a boomer.

>> No.18596706

>>18596684
>You are one of those people that probably believes Bitcoin will be 20K and again and and your shit link is going to a $1000.


I have no crypto and over $10,000 in the stock market. We're crabbing

>> No.18596969
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18596969

>>18596582
lol imagine purchasing a asset valued in a depreciating currency like the dollar and then pretending that a tiny gain in exchange rate makes you smart.

>>18596600
I just took the peak to drive home how retarded this guy is. In actuality the price on silver and gold has been mostly flat over the decades with a few spikes here and there. They real Funny shit is anyone thinking they were storing value in precious metals has been cucked by inflation considering exchange rates have been pretty flat.

>>18596602
I am a Blockchain dev I already know what coins are a scam and what is real. I have been in the Githubs on these projects for like a decade.

Did you even read the first few posts? Corporations take Ethereum far more seriously then retarded boomers like you do and that is all i needed to know considering they control actual wealth. Yes I am all in Ethereum and a little Zcash. after what happened to oil i am 100% sure it was a good move the dollar is fucked.

>>18596616
I am on the Prysm test net bro it kicks ass. the transactions per second put paypal, Mastercard and Visa combined to shame. It is already ready Vitalik is just completing all the audits the Fortune 500 corpo's want done such as multiple 3rd party clients.

>>18596647
"ETH backed Communist economy"

You have no idea how Blockchain Economics works. First off there is no fiat money like gold or dollars because there is no demand. "Money" is now things like oil and rice since you can tokenize oil or rice and directly gauge there current value against each other. The only people with the power to create "money" are people who can produce actual goods and services ergo if governments still exist they will have to operate on a "pay per service" model as taxation becomes impossible.

Basically ultimate free market capitalism. Can not wait. I am so sick of useless eaters screaming schizo shit at me when i walk outside in a suit and tie.

>> No.18597880

>>18596969
Ok I'm convinced, how much eth to make it.

>> No.18598196
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18598196

>>18596969
>being such a fucking moron that he's using the purchasing power of the dollar
>>which is measured by it's backing to Gold
>>>of which your own graph shows, Gold is almost double the value of BTC
>>>>which is exponentially better off than ETH, the meme you're trying to push
>>>>>along with a shitcoin altcoin that's even more in the dumps
lmfaoing at your life, you absolute fucking moron. Feel free to stop making an embarrasment out of yourself at any time, I've got to go to sleep soon.

>I am a Blockchain dev
So you're 'advising' people by shilling a product you have vested interest in, despite what the people want (impartial, practical advice). Fucking scumbag.
By pure coincedance, are you also a pajeet? (no need to answer, we can all smell it)

>about a decade
Crypto hasn't even been a 'thing' for a decade, they're barely 11 years old and only gained any reasonable traction 8 years ago. Hell, github only came online in 2008, and I highly doubt a retard such as yourself was not only in some of the private initial BTC circles, but also in the intial stages of github. Again, stop lying through your fucking teeth when most of this shit can be checked in a macrosecond via web search.

>retarded boomers like you do
>>implying I'm a le ultra newfag ememe boomer lol!!!
>>implying you need to be old to make sensible fiscal decisions
>>implying that's an argument
>>implying that another 'dude trust me bro i know a guy who knows a guy who knows le corporashuns' is an argument
I'm guessing that you're saying that young people are idiots and have to follow your dumbfuck advice. After all, I'm sure people would rather lose chunks of their life savings over (godforbid) being called 'old man' over the internet by a lying pajeet dumbass LARPer.

>> No.18598222

>I am on the Prysm test net bro it kicks ass
I'm sure it does, I'm sure it does. Shame it's neither provably reliable on the market, easy for beginners to invest in, or anywhere close to gold. Shame it's less relevant to a search engine than an obscure Teen Titans villain, a nightclub chain or an events organiser of the same name
But yeah, it's the fucking future, I'm sure

>Corporations take Ethereum far more seriously then retarded boomers like you do and that is all i needed to know considering they control actual wealth
Your proof = none. Hence why Crypto as a whole has been so widely accepted into the mar- oh wait no. What a shame, it's as if reality continues to fly in the face of your LARP (as oppsoe to PM's, which every major trader, bank and fucking nation holds by the tons in locked down hypermilitarised facilities, as backup for currency collapses. Note how there is no such thing as a Crypto Fort Knox)

>"ETH backed Communist economy"
>You have no idea how Blockchain Economics works.
Sure, lets break down your LARP of a single government not wanting unipolar hegemony by making their currency the currential lingua franca and it's totally not tecnhocommunism, this'll be fun. Oh, and the best part, if you don't think I understand how Blockshit works, then good luck trying to get 7-8 billion, mostly-tech-illiterate exponentially-more-retarded people (look in a mirror for an example) to try and buy into your fantasy
>First off there is no fiat money like gold or dollars because there is no demand
With collective production, money capital is completely dispensed with - Karl Marx
>"Money" is now things like oil and rice since you can tokenize oil or rice and directly gauge there current value against each other
There is no reason why the producers should not receive paper tokens permitting them to withdraw an amount corresponding to their labor time from the social consumption stocks. But these tokens are not money; they do not circulate. - Karl Marx

>> No.18598283

>The only people with the power to create "money" are people who can produce actual goods and services ergo if governments still exist they will have to operate on a "pay per service" model
Proletariat assumes the means of commerce - Karl Marx
(But it's not yet another communism LARP, I'm sure)
>as taxation becomes impossible.
Because they're just gonna lie over and take it, right? God, you're so fucking high up in the clouds, the lack of oxygen might explain the lack of brain activity. You are aware the entire reason the middle east is a fucking charred crater is because some backwater shithole heap of sand's dictator decided to try and fuck with the petrodollar. Countries amongst the economically weakes on Earth fucking with the US, and only the US. And you think that a system which removes that power from EVERY fucking government on the planet is just going to fly without contention?
Jesus fucking Christ (excuse my language) I'm taking pauses to admire how much of a dumb fuck you are. There has to be a mental condition with the description simply being your name.

>I am so sick of useless eaters screaming schizo shit at me when i walk outside in a suit and tie.
How about you learn to capitalise your mid-sentence I's first, then learn how to tie a noose, you fucking indian retard. Get a grip of reality, and stop giving false advice to scam on peoples fucking life savings you absolute fucking bottom-of-the-barrel scumfuck.
Hey, maybe you ought to listen if everybody is calling you a schtizo retard, maybe loosen up on the whole superiority complex. Especially if one of the people telling you is a doctor. Or one of the people in your head

God, I cannot fucking express how, not only braindead you are, but fucking scummy. Scamming on life savings advice. Fuck me

>>18597880
Maximum you should be putting into ETH is 20% of your total Crypto diversifaction (of which should be at absolute maximum, 5% of your total portfolio). 20/20/20/20 BTC/ETH/BCH/LTC with a spare 20%

>> No.18598725
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18598725

>>18597880
No Fucking clue. It will moon but Ethereum is not money it is literally just Gas and stake. I do not expect Ethereum to Represent a significant amount of world GDP like the dollar does even if mass adoption happens. After all money is now oil and rice not dollars and all ETH is in this system is transaction gas.

Probably any amount of Ethereum will do but i would get at least 32 so you can live off a staking node interest.

>>18598196
"about a decade"
Yes i first used BTC to buy steroids in high school and had known about it before that.

>>18598222
We are all into eugenics bro we hate commies. Cypherpunks are all Technocratic-AnCap-Free market people. If you do not understand how Fiat allows jews steal from you and give yo useless eaters to breed you need to stfu. They only people who should have the power to direct labor are those who can create actual value with it.

>>18598283
Sure the military is just going to bomb all the fortune 500 companies. You do realize this "digital dollar" is all about killing fiat through arbitrage into Ethereum. Just look at where Coinbases CLO Brian Brooks is right now. Second in command at the mother fuck'in FED. Get fucked you Luddite we do not need your boomer rocks or paper to facilitate trade.

"BTC/ETH/BCH/LTC"

Lol that is the most retarded portfolio i have ever seen.

First off BTC is dead. no self respecting Cypherpunk is working on it now that China shit on it. Basically 80% is pooled out of china and 57% in Sichuan alone. CCP could fuck BTC any day it pleases them you are basically banking in china and paying chinese ASIC miners a fee to do so.

Same with BCH and LTC dead spin off projects. All the good BTC dev's are in Zcash at the Electric coin Company but i doubt you would know this because no one is going to shill Zcash to you and you probably get all your info from Shills.


I have work in the morning if this is still live i will respond to whatever pseudo logic you regurgitate.

>> No.18598815
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18598815

>>18598222
Ok lets make this really simple

Its capitalism without democracy. The only people who have the power to change universal laws or policies are people who can afford to pay for them.

Do you really trust these dumb fucks in america to vote I sure do not and giving up Capitalism just because of retards is unacceptable.

This is the way

>> No.18599511

>>18598725
So you're a junkie who knows insider-trading tier information from corporations, apparently lurked and worked on some of the first ever crypto guthubs ever made while in high school, avatarfags as a guy from Legend of the Galactic Heroes with your exact political leaning in your spare time, doesn't understand basic fiat market economics to the point you condense it to such a fucking retarded reductionist position as 'da jooz steel it', shits on perhaps the most basic economic concept of them all (diversification) because of market trends (something that has no impact whatsoever on the concept of diversifiction - to the point it's arguably a good idea to invest in a few slumps/crabs while diversifying a portfolio), implies fucking rice is a resources that currencies back themselves on (not gold though) and whose best argument against the extensively proven reliability and value of precious metals (not only being unreliable, but less reliable than non-BTC cryptos) is 'they're shiny rocks for old people lol' as you casually tell people to just drop 5 grand into ETH instead.

To top it all off, you do not eveen have a secure grip on basic spelling and grammar.
And you're giving people financial advice on their fucking life savings.

I'm done here. Anybody who has read up to this point and still takes your advice even semi-seriously deserves to lose every single fucking penny they own as your altcoin turns out to be yet another scam and they're left high and dry with no safe exitpoint on the volitile waves of ETH for when they need liquidate for a house (because they haven't diversified). Kill yourself.

>> No.18599614

>>18596051
Like NKN.org.

>> No.18599666

>>18593239
Think about network efforts and the transition to intellectual capitalism:
https://m.youtube.com/watch?v=7nFbKzt-uwE

>> No.18599842
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18599842

>>18599511
desu your bullshit sounds just as much like word salad as mine. The only difference is i am right.

These crypto projects were made by hoards of angry millennials with shit grammar who chew on adderall all day like myself. Its funny to think it turned into some New World Order stuff but it clearly has. no one expected it and I am literally on a power trip thinking about how an early adopter like myself is going to rule over you all.

If you asked me a few years ago i would have had significant doubt we were going to make it. Seeing current events however I have never been so sure in my life of anything.

The world as you know it will crumble and soon be ruled by Corporations and tech bros

"insider-trading tier information" I never signed a NDA I just know what people who have are doing because of proximity.

>> No.18599947
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18599947

>>18599511

Tokenize Rice as a ERC-20 and uniswap it for whatever then it will be money you dumb ass. Do you not understand such a simple concept? I know its new to you but literally who fucking needs fiat or gold since no intermediary store of value is necessary.

there would be no demand for Gold or fiat. Future currency would at best be a Basket of assets stabilized by a MAKER like system. These assets would still have to be real redeemable goods and services with trade value as well so not gold or fiat

>> No.18600041

>>18594646
Vitalik founded 4chan? Holy shit, just bought 100k

>> No.18600067
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18600067

>>18599511
Also BTC is dead china ASIC's killed it. Staking was designed in response to the unfortunate centralization BTC suffered.

Once the ASIC miners took over it was impossible to force them to update the network to make themselves obsolete. This caused many forks eventually leading to Zcash consolidating the best and most Dev's from the BTC space.

Zcash has a future because it integrates with Ethereum to allow anonymous payments within smart contracts. BTC will get killed by china or it will get completely wrapped into Ethereum and die that way. The wrapping has already begun =P

>> No.18600087

>>18594478
It’s happening right now

>> No.18600132

>>18599947
You're a gigantic idiot

>> No.18601009

>a newfag appears, wanting to spend money on stocks
>immediately swarmed by cryptofags trying to scam him out of his savings to pump their cryptocurrencies
I know there's no honor amongs thieves, but youre real cunts, all of you.

>> No.18601628

>>18601009
Is crypt a bad investment? Last time I checked bitcoin was rapidly gaining in value(though that was a few years ago).

>> No.18601771

>>18595034
Nice cherrypicking. $650 was a literally exceptional year for silver. The average inflation-adjusted price of silver for the past fifty years has been a little over $15 per ounce.

>> No.18601884

>>18594615
>this Vitalik guy is so smug

>>18594646
>That is the founder of 4chan retard.

https://en.wikipedia.org/wiki/Christopher_Poole
>. In 2016, he began working for Google.

Lol, so this is just another Google service collecting data?

>> No.18601929

>>18601628
it has no underlying value. It's basically a pyramid scheme. The technology under it is pretty cool and has usage, but the currencies are a lie in the longterm. Bitcoin / Ether / Link will not be official currencies of the future, that is a lie.
Google JPM Coin if you want to see how the technology will actually be used.

About stocks... looking for greatest profits isnt smart. BUT since that was your question, the stocks that are the hottest talk these days, cause they''ll give you ncie profits because they're VERY RISKY, because these huge companies might actually go bankrupt in times like these:
-cruises (for example CCL)
-airlines (for example DAL, AAL)

My advice is to invest in something that you might know something about, or have interest.

>> No.18601954

>>18601929
>it has no underlying value.
so does our physical money...

>> No.18602023
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18602023

Unironically memebats

>> No.18602050

>>18599842
>The world as you know it will crumble and soon be ruled by Corporations and tech bros
>implying it wasn't like that decades before you were chewin adderal in your moms basement

Go chew some more kiddo

>> No.18602106

>>18601954

That is where you are wrong. US dollar has value, because the US government gives it value. Thats the root of it's power and value - the power and value of US government. Same goes for every other real currency.

>> No.18602219

>>18602106
actually it's us, all together agreeing that these pieces of paper (not backed by acutal gold value) hold any value at all.

>> No.18602232

>>18602219
same can be said about cryptomoney

>> No.18602411

>>18602232
I think I said what I wanted to say.
Euro became an official currency really fast out of nowhere, so you should feel confident about your currency, right?
Soviet Ruble stopped being currency really fast out of nowhere, so i should feel worried about USD, right?

Anyway, I think you should focus at convincing the owner of your local grocery store to agree with you on what makes a currency valuable, not me.