/biz/ - Business & Finance

>>5281328
Full CNBC Dec. 20th Interview Here:

https://www.youtube.com/watch?v=L7s7-09-oms&feature=youtu.be

>>5281328
>unregulated market
>insider trading
choose one

>>5281328
He is an Liberatarian Anarchist. If you get raped or pillaged its your fault for not having a bodyguard, retard!

Is for retards like him that this shitshow will be regulated soon.

>>5281328
He's right, you know.

>>5281407
Whales should be allowed to orchestrate massive pumps and dumps in a cartel whenever it fits them. Coz muh free markets.

>>5281437
>Liberatarian Anarchist

I can't wait for his 'Libertarian paradise' to become a failed state

This is why you should never invest in a FELON

>>5281449
Only literaly newfaggots don't know crypto is one big PnD, it's just this trying his hardest to make it as obvious as possible, as if has something to gain by doing so.

>>5281328
COME ON LEAVE HIM ALONE HE WAS A MILLIONAIRE BEFORE HE WAS A MILLIONAIRE WTF

Insider trading is a non crime, if you don't want to play their game nobody forces you.

Welcome to the free market kid

Go make your own market and insider trade yourself - perfectly fine to do so given it is unregulated

http://bitcoinist.com/cnbc-collusion-roger-ver-bcash/

>>5281407

pretty much this. Either you want gov't to control supply of money to prevent this, or you want free reign over your own money and to organize with others. Insider trading still fucking happens in the stock market, people are just sneaky about it so they don't get busted. Why shouldn't people working on a new coin, who have knowledge of it's future, not be able to act on it?

>>5281328
While he meant that it's not from an ethical standpoint, he's also 100% correct about its non-crime status in crypto - cryptos are not regulated by the SEC.
Desperate corekeks are absolutely pathetic.

>>5281603
It is in the civilized world pajeet retard

>>5281650
>>5281603
>>5281627


Even if this does go on, and it certainly does even in the 'regulated' world, what would be his endcame saying it casually on national tv's when he's trying to get normies on his side?

What could be the benefits of admitting on national TV that the crypto world is a series of insider trading pump n' dumps, when he's supposed to be promoting the superiority of the coin?

>>5281328
>buttcoins

>>5281756
this
It's to obvious

>>5281540
It wont fail, as long as only multimillionaires live there.

And as long as the rabble dont gather up their pitchforks, of course.

>>5281818

Someone is so getting murdered over a lack of labor laws when some child gets decapitated if that thing actually starts up

>>5281627
Insider trading doenst happen in the stock market on a large scale, and i assure you, the sec is looking at your friends, family fucking everyone in your social circle if they see shady shit going on.

If insider trading was common in the stock market, nobody would invest in it. Which is why crypto wont be able to regain trust with normies after the bubble bursts.

>>5281756
I think he's just a tiny little bit retarded. Too crazy?

>>5281873
Sure. Also, if the bitcoin meme had never taken off i bet Roger Ver would have been nothing more than a fitness instructor or similar.

Fuck this world

>>5281976
He was a millionaire before BTC

>SEC stay out of my bitcoins REEEEEEEE
>w-what?! i-insider trading? n-n-not fair!!!
/biz/ is funny sometimes

>>5281756
To put it simply, you think people give a shit about insider trading, but the reality is most people don't.

Adults learn the consequences, the conditions, and then decide accordingly, and millions of adults have decided not to give a damn about a few lucky guys making 1000x while the rest of us are only making 10x, it beats the alternative of being wagecucks or waching paint dry with the stock market.

>>5281915
you're delusional, the stock market is a rigged game

>>5281650
>>5281627
>>5281608

Also, do you think there is a difference between coin devs and their crew pump n'dumping their own coin (which I think is completely okay, and makes sense if you're launching a product) and doing insider training with the largest available coin-trading app in the world (one that has shut down accounts for political reasons), while automatically giving normies free amounts in the hopes of pumping it more?

>>5281756
>what could be the benefits of admitting on national tv that the crypto world is a series of insider trading pump n dumps?

simple, it absolves him of culpability. If people lose massive sums of money he can just say well I warned you, I told you insider shit was going on and that's just the way the world works. If you didn't take adequate precautions to protect yourself then it's your own fault.

>>5282057

Honestly the SEC coming into crypto would legitimize this shit in the eyes of the unwashed masses because that's how they operate. Our gains would increase even more

>>5281626
they aren't for bitcoin cash they are trying to destroy both bitcoins and they will succeed

>>5282125
>they are trying to destroy both bitcoins and they will succeed

How is that a bad thing?

bcash

>>5281328
How DARE you, this man is a millionaire.

>>5282091
>utter scum detected
eat shit and get buttfucked by pajeet.

Hold the fuck on. Can't we all agree here that the most unethical person is Charlie Lee?

>influenced core to be retards with segwit and block size
>gets his coin listed on Coinbase despite it being a garbage coin
>his dog shit pumps on Coinbase for months and when all the facts about Segwit and LN start to surface with bitcoin's looming death he cashes out all his LTC and donates some to a charity

The charity was just a smokescreen for how corrupt this guy actually is. I think he was legit starting to feel about how much he was robbing people judging from the FUD he posted about fucking Litecoin. If nothing else can we all at least agree anyone still owning Litecoin is a fucking retard?

>>5282093
>The stock market is rigged meme.
Not even nearly as much as the crypto market is rigged atm.

>>5281545
I've seen you reposting this across /biz/ you bcore mong

Nobody wants your FUD

>>5282358
Can't handle the fire get out of the kitchen, pussy.

>>5282382
Pretty much everyone owning any coin is a retard right now. This is the perfect time to take profits. Everything quadrupled in december......

>>5281399
>on the phone
Because he is a fugitive.

>>5282382
He is a dedicated dev and didn't want to be distracted by the money so he sold now. Litecoin was the first coin to have a lightning network transaction and Charlie is still working on the coin he just didn't want the distraction. Vitalik did the same.

>>5282450
no, that's not it. you're just scum, with no moral compas whatsoever. Probably a nigger too.

We don't need to regulate exchanges, we need to automate them with smart contracts and have DEXes. They will roll out over 2018 and we will no longer have to deal with shady shit like shitfinex.

>>5282465
False. He is in the US all the time.

>>5281399
>you can't trust bitcoin will continue to work because miners
>buy my clone of bitcoin with the same problems and trust that it will work
why does roger hate money?

>>5282514
that's regulation by specification/automation. But yes, we do need regulation. And yes, smart contracts are the way to do it.

>>5281915
The insider trading is rich fucks selling on IPO because the masses were banned from getting in prior. Take a good look at image attached, because that's the type of regulation you're gonna get.

>>5282514
>smart contracts will stop insider trading

>>5281399
>bitcoin jesus

>>5281627
this. you faggots are all crying about muh coinbase its like you've forgotten about the biggest,dirtiest,most fucked up insider trade in recent history

>>5282509
You want to play the game of becoming rich without the effort of filtering through the bullshit and potential scams, you want the easy road and daddy government to prevent you from making the mistakes you will make because you're a sub 70 IQ brainlet.

You are the nigger in this story, my friend.

>>5282607
yess cuz you put in da contrct and stuffs

>>5282509
>Probably a nigger too

Did you actually add this to your comment so that wouldn't sound like a faggot? Kek

>>5282650
do you think a football, or ice hockey, or soccer game would be better without the referee? ANSWER THIS!

>>5282685
maybe

>>5282687
Depends, are the rewards for playing better than those that have a referee?

If not, I'd rather play the game with referee (stock market), but if the rewards are better, then I'd like to take my chances in the wild west.

>>5282666
>>5282650
>>5282450

Can anyone answer this pls:
>>5282102

>>5282334
>>5282334
true. he's better than us.

>>5282766
No. Both are a sign of a shitcoin.

>>5282585
Thats literally a US only thing. But yeah thats kinda fucked up, Joe.

But lets be real, investing in startup companies takes YEARS and YEARS of patience before the IPO happens. And before that you have to sit through hundreds of Dragons Den tier startups.

Normies dont have the patience to invest in early stage startups, nor do they have the capital.

ICOs kinda circumvent this, the problem is that they are complete vaporware and its literally a miracle anyone is buying any of that trash.

ICOs probably made people think EVERY startup should be worth billions despite having no product, no business plan or no developers at all.

>>5282102
>>5282766
Part of what makes this market attractive and makes moon missions possible is the necessity of filtering the bullshit, analyzing products and betting on winning horses.

You want a regulated environment with low risk and low reward, stock market is that way.

you should want more insider trading not less - Milton Friedman

>>5281627

This.

You either want decentralised coins and accept that people might find ways to fuck with it or you want government to control the whole process to stop people doing it (and the government will fuck with it instead).

At least in the former scenario it's a problem that can be figured out and solved by competitors and presented as an integrity sales point and you're free to move to that coin if it's important to you.

>>5282852
$NVDA is up 1000% in 2 years. If you bought and sold dips you could be up 10 times that.

The thing that makes moon missions possible is the fact that this is the biggest mania since the dawn of time.

If everyone was inside trading, then nobody would be inside trading.

>>5282939
>1000% in 2 years
baby gains

>>5281328
what a piece of shit

>>5282852
You arent filtering bullshit when buying coins, because everything is unbacked bullshit.

Does anyone unironically believe Bcash is worth 50 BILLION dollars?

Every single ICO is vaporware and wouldnt even be able to file for an ipo, most probably wouldnt be able to get seed founding either....

>>5281328
he is right you know
>>5281407
this
>>5281535
i see you might have 100-maybe 300% gains on your portfolio, do you think that would be possible if we got the SEC up in here. Im sorry you are too retarded to see literal pumps or dumps coming hours or even days before hand. You need the government to protect you, stay poor. You can have it both ways fagot

Its not a crime. If you think its a crime you probably think people smoking weed is a crime. Fuck your feelings faggot go back to plebbit.

>>5282991
Yeah because crypto is going to be worth more than the worlds total stock markets next year right?

>>5283090
cant*

>>5281602
his autism runs strong in unscripted interviews when he can't control the message being conveyed.

>>5281328

>>5283090
I'm so glad Roger Ver is creating a whole new generation of Anarcho-Capitalists, the most valid political philosophy.

>>5283090
Listen right now it has been easy as fuck to make money because there is a NET inflow into all crypto. Its also super hard to cash out, both psychologically and physically, which creates a feedback loop where money stays in crypto. And its a positive sum game.

But when it crashes, and crash it will it will be a negative sum game, and whales are going to fuck everyone anally.

>>5282852
>>5282935

Couldn't you argue that Coinbase is part of that regulation? They've shut down accounts for purely political reasons, accounts that have merely done transactions with people they don't like. They can take down anyone's account if they feel like it; they can shut it all down at any moment.

It seems painfully obvious to me that Coinbase is ran by the people trying to regulate Bitcoin and eventually take over the whole market.

Bcash isn't a winning horse, it's a coin that is inferior to many other alts that is being paraded as a winning horse by the MSM.

What if Coinbase started giving normies automatic amounts of some horrible shitcoin that sabotages the market? What makes you think they will stop at BCash? I'm not worried about my decision making in the market, but I'm worried about Coinbase using the ignorant masses as a weapon to tank everything.

>>5283035
>Does anyone unironically believe Bcash is worth 50 BILLION dollars?

Whether you agree with the price of something or not is irrelevant, filtering through the bullshit means figuring out what the subjective value (because there's no such thing as objective value) of something will be.

Marxists have this issue with the arrogance of thinking they know what something is worth, and that's why all of them (save the BS artists) are poor and useless.

Didn't take long

>>5283301
>tfw shit like this confirms my faith in bch

>>5283170

>>5283222
>giving normies automatic amounts of some horrible shitcoin
I dunno; is coinbase planning to add bitcoin gold, super bitcoin, bitcoin plus, bitcoin diamond, super bitcoin plus, bitcoin cash plus, ultra bitcoin, bitcoin ultra sun, SSJGSSJ Blue Bitcoin, etc.?

>>5283278
If the subjective value is based on a narrative, then cracks in the narrative can lead to a drastic revaluation. And if there is NOTHING but the narrative, nothing to fall back on (assets, earnings, gold) whatever.... Then the floor might be 0.

>>5283340
If Roger Ver convinces the world to be AnCap; I don't mind if he takes down BTC to do it. Honestly surprised at how many people are suddenly libertarian anarchists.

>>5283209
>been in crypto for too long to experience psychological feedback loop effects
>isn't yet a whale
whose fault is it then when you are fucked anally? If you play you understand the risks and unfairness of the game but also see potential
>>5283170
kek

>>5282607
It will stop exchange based insider trading when they are sufficiently decentralized so that coins do not need to be listed by any central entity.

They will of course not stop insider trading that comes from knowing news about tokens/coins like partnerships, milestone achievements, etc.

>>5283419
I have been cashing out regularily, keeping my blockfolio capped at 100k

Have no desire to wake up and having lost it all. The higher the bubble blows the bigger the fall.

And its way too late for me to become a whale. Owning 500 btc doesnt mean you are a whale.

Id say you need to be in the top 1000

>>5283222
>>5283412
Using coinbase as anything other than the gateway to crypto is an error.

>Bcash isn't a winning horse, it's a coin that is inferior to many other alts that is being paraded as a winning horse by the MSM.
>If the subjective value is based on a narrative, then cracks in the narrative can lead to a drastic revaluation.

MSM can increase the value of something and smart people will use this as an opportunity.

Again, there are a lot of things in this market that make it extremely dangerous, you should probably avoid it at all costs, the only people who should play are the ones that know the potential consequences yet want to try their luck. Instead of trying to tame the wild west, why not go live somewhere else?

Emotional attachment to a romantic idea is good for long term investment, but if you want to get rich quick you need to start figuring out the pattern of short term perception of value.

>>5281328
You're a fucking retard if you don't get that markets price in information no matter what.

kys

>>5283567
Thats wrong. Markets are extremely inefficient in the short term due to manipulation, greed and stupidity.

Maybe in the long term....

>>5283532
I think Bcash is a fucking joke. Pic related. If Roger Ver gets people to distrust the government and collectivism he will basically destroy the idea of a white ethnostate and race and set the stage for an AnCap world. That's worth more than my few BTC to me. I can't wait for the collapse of nationalism because of people like Roger Ver.

Just bought 20k BZC, who cares, maybe it'll get to the normies.

>>5283642
I'm an ancap and because know that the only way we'll ever get a white ethno state is with private cities. Segregation and public ownership is simply impossible or just not sustainable.

Please read this man's books.

>>5281328

Crypto is in the wild west phase. Same thing happened to the actual stock market.

https://www.youtube.com/watch?v=7EPTCm9RVRM

>>5283740
>I'm an ancap
>state
ok thats enough biz for today

>>5283740
>we're going to remove the niggers
>we're going to do it without a government
kek keep spookin' bro

>>5283855
So you think purchasing a patch of land and selling land only to whites in an ancap scenario is somehow harder or less sustainable than getting a politician who will eventually be voted out or killed?

You will acquire this knowledge eventually if you keep reading and activating your almonds I guess, but the sooner you realize, the better. If you give someone the power to fuck others, someone will come after and he will use that same power to fuck you. Voluntary segregation with contractual obligations in private property is the only way you would have a white ethno city in a sustainable way.

>>5283532
I've never used coinbase, I've never trusted them. But that won't stop the normies from getting accumulated there. The vast majority won't use it as a gateway, it'll become a basket that they collect and stagnate in.

I'm aware of the potential consequences; I have a few bcash myself that I bought while cheap strictly to sell on the pumps. Doubled my money this round. But normies do not understand the consequences of the market. We can only hope that the ones that are being utilized by Coinbase get burned, learn their lesson, and then never set foot in this territory again.

>>5283529
Due to my early entrance onto the scene I amassed a huge amount but largely cashed out my principal and took about 50% of the gains. I have huge sums beyond my wildest dreams thanks to all this. This wouldnt have happened if there was regulation of any form. Even for someone with 500 BTC, I believe there is enough upside and huge potential, just use a good bankroll and risk management strategy. The bubble isnt popping anytime soon, especially 2018. Alot of multimillionaires will be minted in this period

>>5284049
> If you give someone the power to fuck others, someone will come after and he will use that same power to fuck you
>supports Roger Ver, duplicitous insider trading pump and dumps, bcash, centralized mining and nodes, Jihan Antbleed Wu, etc.
>an anarchist libertarian telling other people what they are and are not allowed to call an open source software protocol
wew lad

>>5282551
Because he's a CIA operative. Why did they let Terrance Mckenna back in the US when he was once a wanted man? It's a story that's played out multiple times over the course of history.

>>5284067
Trying to make it more normie friendly with regulations is just going to generate a bubble. Bubbles are generated on an excess of safety, when government makes people trust so blindly on a market that they will sell their house to buy assets.

Cryptos need to be exposed to Mt. Goxes and absolute scams, because that's the only way people will be careful, we need constant reminders that this is a shitshow.

>>5284136
Who said I support Roger Ver?

I simply said this one statement he made is correct.

>>5284291
Because they are/were both blackmailed.

>>5284127
Theoretically speaking, would cryptowealthy people use offshore companies and bank accounts to cash out?

>>5281328
And? He's right

>>5284301
>i don't support bcash, i only support bcash
Good, good, let the kike doublespeak flow through you

>>5281328
Thats objectively true on crypto

>>5284301
Agreed. This could all work out for the best.

>>5284420
where did I say I support bcash?

>>5281756
He actually believes the libertarian stuff 100%

He simply thinks insider trading in crypto is a non crime (and he is right)

>>5282112
LOL NO

enjoy ICOs and coin launches going through 1 year of paperwork before starting. No more moonmissions

>>5284453
Fucking nasty cashies get off my board

>>5282417
Hi Roger!

>>5281328
bcash will crash

digits have spoken

>>5284357
I didn't invest personally but traded as a financial institution registered offshore. Used it to cash out. Also hired fresh off college Math graduates to help me out, it also made the company more legit under scrutiny(I was doxxed recently by some journalists but Im a fucking irrelevant you wouldnt know who I am in that huge fucking list). In the governments eyes I am an upper middle class entrepreneur and treated as such. If you are big talk to a good accountant before cashing out.

If more people knew about it being released on that date, that wouldn’t have happened. No FOMO, and it would be at its true worth instead of its manipulated worth.

Ver said that horribly. It would have been better to say that they should have made the release date public. Coinbase deserves the lash back.

>>5284703
What exchanges would accept to work with such financial institutions?

>>5284952
No comment

>>5282825
The gov will let you blow all your money away on state sanctioned lotteries, but will ban you from spending $50 on a pre-IPO company. It's never about your safety. It's about keeping you poor.

my penis is 42% since i used bitcoin

Bitcoin core are starting to sound like the establishment. This is dangerous territory for them.

>>5281545

kek selling fireworks thru ebay without a license sure is a dangerous sign not to trust someone.

>>5282940
Underrated.