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/biz/ - Business & Finance

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11917533 No.11917533 [Reply] [Original]

Wait did we forget about the Mt Gox coins?
They get dispersed in Q1 2019 right? There goes the Fidelity/Bakkt bull run

>> No.11917589

Yea. This on top of the fact that we have had 1 in 5 college loans being used to buy crypto & stock market has had better returns since hedge funds go involved now means a lot of weak hands. I'm just hoping it drags out so I can pick up coin thru the first half of 2019 in the 2ks

>> No.11917605

>>11917589
>1 in 5 college loans
Wait is this for reals? Shit, we are absolutely fucked then.

>> No.11917608

>>11917533
When in q1? Anyone know?

>> No.11917649

Yep, I'm getting $2.9 million in fiat and approximately 700 bitcoins which I plan to dump... and I wasn't even a whale in 2014..

I wouldn't buy any cryptos until late 2019 or early 2020 if I were you.

>> No.11917655

>>11917608
Feb 2019

>> No.11917679

>>11917589
college loans wtf are they doing

>> No.11917684

>>11917605
https://youtu.be/_sdHkymiclc

>> No.11917698

>>11917655
Oh what the fuck, same month etf gets deicded on. When to buy lads?

>> No.11917700

>>11917649
No you aren't.
You didn't own 5800 bitcoins in 2013.

Nice larp.

>> No.11917704
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11917704

>>11917605
we have people like this so squandered college loans wouldn't surprise me

>> No.11917744

>>11917700
I bought in summer 2012 when it was $5. You can easily look me up in the leaked mtgox database (if you even know where that is, of course)

>> No.11917745

>>11917684
Oh my god... I've done this twice already.

>> No.11918012

>>11917605
Just out of curiosity, what are terms on student loans in the US? In the Finland they are so favourable, a business major student is often considered a dumb fuck, if he doesn't invest it in stocks, funds or, more recently, in crypto.

A state backed low interest loan, payback starts about 2 years after you graduate, and if you graduate in time you get about 6 months worth of debt slashed off.

>> No.11918050

>>11918012
Can you default on loans? In the U.S. it's the one type of loan it's impossible to get rid of without dying

>> No.11918079

>>11918050
In the UK they write the loan off if you havent been in the country for seven years.

>> No.11918090

>>11918079
Damn wow. I'd probably max out & do bitcoin if that was an option

>> No.11918109

>>11917533
They will all dump for SV, that will be the golden bull run

>> No.11918115

>>11918012
Like 7% interest, and you can't get rid of them like other loans.

>> No.11918145

>>11918050
Same here. Student loan is the one loan you can't default on, if I'm not mistaken. But the payback terms are more than decent. 1,37% yearly interest rate plus a 2,3€ monthly fee, and a long payback time which doesn't affect the interest. And actually I remembered the loan credit wrong. If you graduate on Time, you get a 40% discount for the sum the is over 2500€

>> No.11918154

https://www.cryptoground.com/mtgox-cold-wallet-monitor/

>> No.11918176
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11918176

>>11917533
stolen coins are seized by the US government

>> No.11918188

>>11918090
Its based on your household income with people coming from low income households getting the maxiumum amount, but the maximum amount really isnt that much, its only really enough to cover rent, food and bit of personal money and if you study in a city like London you’ll still probably need to get a part time unless you enjoy living off baked beans. Generally the scholarships universities offer, in addition to the government loan, is where a student gets all their spare dosh from, sometimes they’re based on academic performance other times they’re based on family income too. PhDs are different though.