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Archived threads in /biz/ - Business & Finance - 116. page
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I need to turn 1.5 btc into 100 within a week.

How to?
8 replies and 2 images submitted. Click here to view.
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>>1568241
Put it all into SatoshiDice, bet it all every time until you win over 100
>>
Buy Bitstar.. Its going to the next galaxy!
>>
>>1568241

>Sell 1.5 btc.
>Buy kneepads
>Profit
>Use profit to buy 150 BTC

You gonna need to make a lot of profit.

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What is a good training app for android to practice on the go?
6 replies and 1 images submitted. Click here to view.
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>>1568202
most brokers have simulated trading accounts where you can make trades using fake money. it's a good way to practice imo but as soon as you get the gist i recommend starting to use real money (small amounts) so you can understand the psychology of trading and how your mind reacts when real money is on the line.
>>
>>1568321
How can i learn how to value companies to determine if i want to invest or not?

Also, when speaking of short term investments/trading stocks, how does one determine when a good stock is buy vs sell?

Is there a beginner's guide to this shit? Not a "get rich quick" bullshit thing, but legitimately like a "don't be a retard" sort of guide
>>
>>1568321
This. Psychology of trading is 60% of the effort.

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I need help understanding this.

According to pic related, if Nixon sets a price ceiling (Max P) below the equilibrium price (Pe) for some item, then there will be a shortage of that item.

But if selling that item at Max P is still profitable, why not just make more of that item to eliminate the shortage? It would lead to greater profit.

Yet economists say that sellers don't have any incentive to make more items during such a shortage, and it sounds to me like they're saying greater profits are not an incentive to do something, which makes no sense to me.

So, /biz/, tell me what I am missing.
10 replies and 2 images submitted. Click here to view.
>>
Probably bait but..

1. This diagram says nothing about the temporal aspect. Your diagram is static, not dynamic.

So yes, over time producers may (see: may) produce more of the quantity to plug the shortage, shifting the supply curve from Pe to Qd

BUT..

>But if selling that item at Max P is still profitable, why not just make more of that item to eliminate the shortage? It would lead to greater profit.

Quite an assumption to make. Especially if Max P is below the initial input costs.

>Yet economists say that sellers don't have any incentive to make more items during such a shortage, and it sounds to me like they're saying greater profits are not an incentive to do something, which makes no sense to me.

Actually they don't.
>>
>>1568145
>But if selling that item at Max P is still profitable, why not just make more of that item to eliminate the shortage? It would lead to greater profit.
>citation needed

Let me put it this way. Why would you sell something at $20 when you could sell it at $50?

You can't eliminate the shortage in this example since the diagram is static (ie. short term). And you can't say it would lead to greater profit because firstly you don't have any actual numbers to work with and secondly you don't know the elasticity of supply and demand (ie. the incline of both functions)
>>
>>1568148
Addendum to explain this point further:

>Quite an assumption to make. Especially if Max P is below the initial input costs.

Total Profit = Total Revenue - Total Costs

Assume in the above diagram that:

Pe = 10$
Max P = 5$

Total costs (per unit sold) = 6$

Qe = 10 Plumbuses
Qs = 5 Plumbuses
Qd = 20 Plumbuses

First calculate the profit at equilibrium:
Tot. Rev. = 10 * 10 = 100$
Total Costs = 6 * 10 = 60$

Total Profit...
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You have won the lottery
16 replies and 4 images submitted. Click here to view.
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>>1568138
this is pretty gay and shit.
>>
I'm not American.
>>
>>1568138
That shit is pretty gay with a gay fucking face attached to it, I bet that homo enjoys watching his wife getting the BBC.

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Is it feasible to live in your car in Canada?
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mate that picture is the top kek.
>>
>>1568136

Upgrade to a van. You'll thank me.
>>
>>1568146
But is it feasible in winter?

-20° is kinda rough

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I live in the UK. I have about €40 lying around from a trip I went on over a year ago. I decided to exchange them for GBP at the post office but the lady at the counter said the exchange rate is really bad at the moment?

Isn't the Euro against the pound the highest it's been in about 5 years at the moment? I don't understand economics. Why is it a bad idea to exchange now?
7 replies and 1 images submitted. Click here to view.
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Because in the UK they really value their pound and exchange rates are always trash. What she means is they ignored the fall of the £ and kept it's value artificially high, and you'll be purchasing a worthless currency.
>>
She knows the true value of GBP. Its pegged to the Tendies value.

You cant even buy tendies with Euros.. Only GBP
>>
>>1568122
>>1568125

Thank you, where can I get the euros exchanged at the actual rate?

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> he hasn't you forsaken material consumption and hoarding , in exchange for spiritual truth , enlightenment and eternal riches beyond measure
7 replies and 3 images submitted. Click here to view.
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>>1568105
try r9k
>>
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/biz/ is a christian board.. we are rich in wealth and in spirit
>>
>>1568113
do you honestly believe that jesus approves of your actions or are you trying to stir up discourse ?

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I don't have WiFi and am a poorfig. Just turned 18. does anyone have any recommendations or warnings about me paying for WiFi at my current house?
16 replies and 3 images submitted. Click here to view.
>>
get unlimited phone internet and tether it to your computer.
>>
stop playing rotmg as its a shitty pay to win game
>>
>>1568034
Jill Stein says it gives you brain cancer.

Just something to be aware of.

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>been working part time for a year
>probably 2 days a week on average
>getting more hours is just a matter of asking
>thinking of buying property with a cap ratio of 30% that already has 9 tenants
>I have 0 debt
Can I get a mortgage?
9 replies and 1 images submitted. Click here to view.
>>
Probably not unless you have a ridiculous amount of capital to invest (70-80%)
>>
>>1567922
What do you recommend I do? Work full time for a year or two?
I've got 20k in the bank. If you were selling a mobile home park for 140k, would you accept that little as a down payment? Keep the cap ratio in mind as well.
>>
The maximum you could borrow depends on your credit score and income. And you'd at least 20% for down payment.

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Are stock options a legit way to make money or just a meme like forex or crypto?
30 replies and 8 images submitted. Click here to view.
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been trading options for 1 year
to this point I've only lost money
>>
>>1567809

Are you learning from your mistakes?
>>
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>>1567805
>options

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Keep a close eye on AFI this coming Monday. Hold until the end of the month for even bigger profits. Thank me later, preferably with a Hallmark card.
15 replies and 3 images submitted. Click here to view.
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>>1567704

What makes you think so?
>>
>>1567710
he doesn't think so. hes trying to pump it to help his position
>>
>>1567716
Oh wow look at this guy. He's so smart. Haha, I love his cynicism and sense of self-importance.

>>1567710
They released a News Release today stating their future plans for vertical growth technology, which was what investors have been looking for for a while now. Much of what has been released points to large future profits. However, there's also the speculation end of it (particularly with regards to marijuana). They're partnered with THC biomed,...
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I want to start a business selling gift cards on eBay, but I'm paranoid about people claiming that they never received it and eBay/PayPal siding with them. I want to ship them in a standard letter envelope. What do I need to do to prevent this from happening while keeping the shipping price as low as possible? Can I just have it so that they have to sign for it or is that not enough or too much?
7 replies and 1 images submitted. Click here to view.
>>
It is not worth the head ache. For every 9 transactions that go smoothly, some EBT toting knuckledragger will claim that the card has no balance, etc. Ebay is in the business of fellating the buyer; smalltime sellers such as yourself will get shafted in the long run.
>>
>>1567722

So, there's no way to stay one step ahead of them? No way to set it up so that I can prove that they received it and that the balance is there in the case that some deadbeat opens a case?
>>
>>1567735
If you do it by the book, then you should be protected from most every scenario. BUT do you have the patience to be constantly defending yourself.

Also you've got stiff competition that deals in massive volume. As shipping, insurance, delivery confirmation, fees, fees, and fees eat into your profit, what is left but a mere pittance. A slap in the face with a floppy wiener, if you will.

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Anyone use Airbnb?

What do you do to increase ratings, get better reviews, get more people in your rental etc.
14 replies and 2 images submitted. Click here to view.
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i use it when i feel like getting raped in the anus
>>
>>1567646
where do you live?

are you renting to rent out?
i thought about that, but i live in ontario. if anything goes wrong, you're in shit. you're not going to have a very strong argument in court because a lot of airbnb operation is essentially illegal.
>>
>>1567654
>a lot of airbnb operation is essentially illegal

How?

New Zealand. Don't rent. Own the property.

Never had any problems with it so far.

It's normal to come home and cry after a day's work, right?
23 replies and 1 images submitted. Click here to view.
>>
>>1567632
Generally, no, but it varies. What's your job?
>>
>>1567636
Walgreen's, usually stocking shit.
>>
>>1567642

What would you like to be doing?

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So what's your excuse for not owning bitcoin in the current year?
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i want to be a millionaire when i hit 70.. no fast gains for me thanks
>>
>>1567621
i have a tiny penis
>>
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>>1567621

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I just inherited $10K. I'm thinking about just keeping it in a checking account as an emergency fund. It's not enough to do anything worthwhile with other than that. Am I wrong?
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>>1567613
Go to the bank you were thinking of opening a checking account with and ask them this question; "If I only had $10,000 to invest what would you suggest I invest in?" Decide from there.
>>
>>1567617
This is the worst advice ever. Don't do this OP. Do your own research.
>>
>>1567613
If you have no emergency fund then yes. Then you look forward to emergencies more than you normally would.

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Hey guys, after some months experiencing the high risk market (crude mainly), I'm interested in knowing more of the companies market, and more "safe" investment. I would like to hear some advice from you on this thing, to not lose all my money.
13 replies and 5 images submitted. Click here to view.
>>
Use a hedge you shrub
>>
hedge with gold or bitcoin.
>>
>>1567590
you'd have to define safe. the safer it is, the less return.
you can put your money in a bank account with compound interest for 100% chance of gains... with average of like 5% a year for 50 years..

or you can try buying all the pump and dumps of OTC stocks with a 65% chance of gaining 50% and 35% chance of losing 30% in 20 minutes (i'm just making these numbers up but you get the idea)

its all up to you and what you find is acceptable

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Hey guys. In my country, the government is very incentive. They want people to start more businesses, increase production, lower unemployment etc.

They are giving around 16k$ for employment and equipment expenses and also giving zero interest loan of 32k$ which you start paying back after 2 years and use it for the salaries of your employees and your rent etc.

They are giving this money and loan even to local restaurants, carwashers, patisseries, bakeries etc. As a chemical engineer, I feel confident that I'll be approved for the support since I'm planning...
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6 replies and 2 images submitted. Click here to view.
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>>1567536
what country?

is there a product you could make that has a market? would you create a new market? what would be your exit plan if things don't work?

you can learn as much as you want for free on the internet. but consider that if the author of the book make their money from selling their book, they teachings are worthless.
>>
>>1567549

>what country?

Turkey

>is there a product you could make that has a market? would you create a new market? what would be your exit plan if things don't work?

I believe that I could make tons of different products I could make that has a market. Chemistry may be the widest market there is. Cosmetics, medicine, construction, dye, textile, oil, plastics etc etc. I don't know if I could create a new market. I just found out this...
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>>1567559
>Turkey
Get the fuck outta here.

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I would like to do this as a side project to a normal job

waterless carwash services

I come to you spray down your car and let sit for a few seconds then wipe it down with microfibers i would ask $20 if you want the interior cleaned $10 extra for a basic vacuuming and trash removal

The only thing im worried about is most people with have a problem with it since im not using the traditional hose and bucket method and it takes me less than 30 minutes to clean my full size truck top to bottom but still the results are flawless cleaning my own car

what...
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9 replies and 2 images submitted. Click here to view.
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>>1567517
Charge more and use words like "green" and "sustainable"
>>
"you damaged my $10k paint job!"
>>
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>>1567517
>>1567539
This sounds like a big liability. People are assholes when it comes to their rust buckets.

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>no friends
>no gf
>have job
>it pays my bills
>not saving any money
>living to work
>no real future prospects

What is the point of anything?
9 replies and 1 images submitted. Click here to view.
>>
>>1567505
Finding something that you love doing and using it to break out of the life that you're living now.
>>
>>1567505
cant you save 20 to 30% income ?
>>
>>1567505
invest in gold, you fruity-ass

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Thinking about renting out to section 8
How do I nigger proof my house?
I already got the sound proofing done, negotiating with a contracter to get vines to swing on, planted a banana tree in the backyard. What's my next step?
12 replies and 2 images submitted. Click here to view.
>>
Good luck with all the repair bills. And good lucking evicting them and dealing with vacancy as you go through all the red tape again.

It's really only worth it if you have a large apartment complex.
>>
What are eviction laws like in your municipality? That's the most important thing to look for.
>>
>>1567483
Why??? Dont u get less money and more problems?

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>Trump doesn't pay any taxes
Why are Americans so financially illiterate?
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Hillary has never invested her own money to create jobs
>>
>>1567428
Because there are literally no required courses for finance in mandatory school
>>
>>1567428
But he literally didnt u Drumpfkin. He evaded taxes for 2 decades with loopholes that only the rich are allowed to use. That makes him a big part of what crashed the economy in 2007 was the elites not paying their fare share

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Hello, I'm thinking to put my first investment in BTC/USD FOREX. Someone with experience may give me some advice? What about to test my luck in this weekend?

It's a small amount, 0.001 BTC, only to test.
9 replies and 1 images submitted. Click here to view.
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>>1567418
Don't do it.
>>
>>1567419
Why?
>>
btc usd is a good pairing. BTC is up $40 in just 3 weeks. massive gains if you have alot of BTC x USD to play with. dont forget to buy BTC dips

t. cryptocuck

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Anyone know of 30-60 minute lectures on youtube that talk about economics like Milton Friedman? I'm trying to find another person to listen to.
>https://www.youtube.com/watch?v=dCnxOICRtLE
12 replies and 2 images submitted. Click here to view.
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>>1567392
Gary Becker has some good talks. He's a direct colleague of Friedman.
>>
>>1567853
Thanks I'll check him out.
>>
>>1567392
Why would you listen to Friedman? He's just another free market fag who's only contribution was furthering the development of new keynesianism. He was wrong on saying that the Velocity of money can be used to determine inflation. He was proven wrong on his long term consumption function. He was wrong on the lagging of monetary policy. I could go on. There is just absolutely no reason to be a monetarist anymore.

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Is internet money a meme?

It genuinely pisses me off that a 14 year old kid can post videos of himself riding a scooter around can grow his youtube channel into a million dollar income magnet just because he posts clickbaity bullshit videos every fucking day

The same thing goes for Instagram, pretty much all social media that will give you the opportunity to make ad revenue off clicks.

Is this talent of attracting viewers to bullshit in order to make money off ads an art form or just a meme?

It frustrates me and I feel like I should at least try...
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20 replies and 1 images submitted. Click here to view.
>>
How many people do you know who earn a living that way? See. You get about 1$ per 1000 views.
>>
>>1567266
Why does it make you mad?

Are you also mad when you see lottery winners or children of trillionaires? Who cares focus on urself stop hating
>>
>>1567276
My friend has 8,000 subscribers and makes a consistent $1,200 per month. I didn't believe him at first but he actually showed me personally

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Where were u when the dream die?

I was home, trudeau call, "weed is kill" "no"
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>>
Wouldn't this be the time to buy in ?
>>
>>1567257
>stock worth investing in
>drops $0.10 and is classified as "dead"

Pick one faggot
>>
>>1567271

Oh yeah

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>not having a wood-based economy

>renewable, albeit slow production (can't just "print" money)
>limited by growing space on planet Earth (limited supply)
>great incentive to reclaim land on Earth and terraform other planets to increase maximum supply (soft limit)
>wood can decay, which makes controlling the wood supply more difficult (no point in cutting down all trees and hoarding the world's supply)...
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>>
>>1567197
this thread is a sign Buy
WOOD stock.
>>
>>1567197

>limited by land

You can have hydroponic trees.
>>
>>1567197
You should write a become 'the modern treeconomy and why people should carry logs of wood around'

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Hi guys,
I have been reading the posts in biz and I'm surprised that most of you choose to do active investing, even if all the academic literature says that in the long term active investing produce returns close to 0, while passive investing gives you returns close to market's.
So, do you guys have some econometric forecasting model that justifies your decision making, or are you just stupidly investing with your guts?
51 replies and 12 images submitted. Click here to view.
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>>1567112
I want to learn.

I won't learn anything if I put everything in an index fund. I contribute into a pension fund for long term security.

It's like asking why people play football when they could just watch professional games on TV instead.
>>
>>1567112
what academic literature are you referring to? is it just a statistics saying something like 9/10 people fail trying to trade stocks? no shit. 9/10 people are stupid. that 1/10 people are smart, and they're making bank compared to everyone else
>>
>>1567171
I don't think you'll learn anything investing with your guts. And I'm not talking about putting all in an index, I'm talking about manage a diversified portfolio, minimizing risk (volatility) using correlations between the assets returns. All not diversified portfolio options tends to give returns close to 0 at long term.

>>1567190
I'm talking about the most famous academic writers, the ones that are being taught in almost all universities...
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Interested in buying bitcointalk account ranked Jr member or above for 10 dollars in BTC. Email me at romanstephen15@gmail.com if interested
13 replies and 1 images submitted. Click here to view.
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>>1567077
Bump
>>
>>1567081
Fuck off. I need an account.
>>
>>1567077
Bumppityyy

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Which OS should I use? I only browse the web, use skype and xmpp.
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>>
This isn't /g
>>
>>1567065
<.<
>>
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Temple OS
also stop using the web, skype and xmpp they are all instruments of cia brain control


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