/biz/ - Business & Finance

>>26785206
OP, I highly advise you delete this thread.

>>26232183
>Would you gamble all your money on a game you don't know the rules of?

Just a reminder, these are the kind of people that give you financial advice

Here I got some decent ones

>>25795315
kek

ah, a rare /biz/ humour thread

>1.2 BTC
>102 ETH
>Tiny Link stack

Is there a chance I make it within 10 years if I never sell and never buy more crypto shit? Can i close the charts and ignore them for a decade in peace? I just can't afford a solid suicide stack for everything lads

>Biden won
>Guaranteed 20% up by tomorrow
>You wouldn't take the money because "muh God Emperor"
Why so pathetic? Smart people just put all their life savings on nTrump.

catnip.exchange

>>23420310
>What if BTC never goes below 12.5K ever again?

>What if BTC never goes below 100$ again?

It's the same thing anon. At one point, It won't reach a certain low ever again (in our lifetime at least) so the day will come that btc won't go below 12.5k ever again aswell.

Lads, do you get cashflow on your crypto or does it sit in your wallet (or exchange)?

Whats the yield you guys get?
Any recommendations? I got some stuff stored away that I don't plan on touching but I also have like 2.4 BTC on an exchange just collecting dust, might aswell get some cashflow on this shit if possible. But I'm somewaht scared of getting fucked over as this is pretty new to me (lending this shit, not crypto in general)
Anyone helping me out?

10K ETHEREUM WHEN

Best of /biz/ post your favourite moments of this god forsaken basket weaving forum

>>20762077
The spreadsheet or the oracle?

The oracle gets price data over an average of 24H instead of getting current market price. This means that it literally considers each price every X interval (could be 10 seconds, could be more) and then ands all the values up to compute an average price. This has two effects:

1. AMPL will not expand or contract immediately just because 10 seconds before the rebase time price dropped sharply or increased just as sharply. This is so not to shock the market

2. An oracle attack does not have much effect on AMPL, as being an average it can sustain some damage before things are restored to normal, making the protocol more resilient.

For the spreadsheet, all you have to do is change the ORACLE_PRICE cell to what you think the price will be at the rebase time and then you'll see what the rebase % will be assuming that oracle price.

BTW, to know the average oracle price right now, all you have to do is go to https://www.ampleforth.org/dashboard/ and check out the "Oracle Rate" at the top of the website.

Can a very kind anon post that pic with the market cycles for AMPL?

Thank you.

>tfw had no clue about this project, saw one thread on 15th and invested 5k

This. Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth. Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons. Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story. The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes. In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team

Get your P's then get a job, in that order. Unless you can bus ride or live locally to a maccas that will hire you. Don't throw any money into crypto, do some research before you start slinging your pocket money around. Asx is dog shit so I would avoid investing in stocks unless it's some oil giant or something super safe, but you are better off putting your money elsewhere for good returns.
STAKE is an app that lets you invest in the US market, which I use personally because the USD will always be valuable (for the time being). But focus on your grades and what you are doing for a job after school, if you have the free time then study technical analysis so you can understand what the fuck you are looking at when you stare at a price chart.
Last note would be to not throw all your money at something high risk, you may win 90% of the time and make 5x on some random shitcoin but it only takes 1 wrong call to have your money wiped out, so protecting your capital is the most important aspect for a newbie to understand. I learned first hand, also you gotta be 18 to be on this board faggot, and to do any real trading so just get a job and save your pennies cunt.

>catalog full of pajeet scams again
>actual pajeets posting again
>complete retards getting JUSTed again
>BTC volatile again
>biz is getting faster

I'm getting 2017 vibes

>did not buy the bottom