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Archived threads in /biz/ - Business & Finance - 131. page
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Whatever happened to that Meme Exchange guy?
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>>1552586
I guess he abandoned us.
>>
What meme exchange guy? You mean that crappy website?
>>
Whatever happened to amDoge?

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I'm astonished at how little effort is made to game this site and make 300% in a ridiculously short period of time.

It's certainly possible, because these types of extreme pump and dumps are fairly common. The question is, how do we anticipate them?

The obvious answer is insider trading but let's face it, most people on this board are not involved in massive P&Ds, just joke ones like POTcoin.

If there was any way to detect these things in advance - maybe from examining the order book - how would it be done?

I refuse to believe...
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>>1552552
dicsord

https://discord.gg/z9x6YSy


https://discord.gg/z9x6YSy


https://discord.gg/z9x6YSy
>>1552552
>The question is, how do we anticipate them?
Not sure, you would have to set your own parameters and find out.

>I refuse to believe that this shit is just gambling, that's an excuse which retards use to justify their failure/incompetence.
It's definitely...
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>>1552552
just study the markets like everyone else is doing. one day an opportunity will pop up at you.

I spend very little of my time actually trading. I make maybe 1 or 2 trades a week, just watch the markets all the time and read news. try and think laterally about a coin and see if you can spot something worthwhile that isn't well known.
>>
>>1552563
What would you sat your success rate is?

Do you think you'd benefit from upping the number of trades?

Is this website legit? Will we ever see a crash along the lines of 2008 in the near future? Is financial economics really bullshit?
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>>1552529
>Is financial economics really bullshit?
It's just that it's not as empirically based as many hard sciences.
Which means many adherents can have competing opinions that could all be viewed as accurate.
>>
>>1552540
I know that.

I mean is Austrian economics right when they say that you can't use empirical thought to model human behavior.
>>
ZH is nothing more than sensationalist clickbait. It's the lowest form of news

>Will we ever see a crash along the lines of 2008 in the near future?

Yes, you'll probably see about three by the time you retire. It doesn't mean the world is ending.

>Is financial economics really bullshit?

If economics were a math problem, then it would have an infinite number of variables. This isn't even counting the inherent biases of the individuals calculating it. Because of this, a...
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The first time in 5000 years that interest rates have gone to zero.

What happened? What's gonna happen?
21 replies and 3 images submitted. Click here to view.
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>>1552439
Interest and service charges on 100 trillion of global debt are about to eat the principle, that would imply complete meltdown of the system of usury. It's either zero to negative interest rates or WW3.
>>
>>1552439

Interest rates seem to be negatively correlated with economic growth, going by that chart.

It is due to a lack of demand for credit by companies. The wages of middle class earners have stagnated for decades, so there's no incentive for companies to supply more, as there is no demand.
>>
>>1552439
How the fuck do they have data from 3000 BC?

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Probably Hillary is going to be elected in 30 days... Can we /biz make any profit out of this? Im thinking about stocks/investments etc.
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>>1552374
SRTY SRTY SRTY

she is all about helping the big corporations and whoring small caps.
>>
>>1552374
Find an online betting site and bet she'll win. Simple.
>>
Bet on Wallstreet big finance

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1. How is gold a viable "post apocalypse" currency assuming a total breakdown in trading markets?

2. Zerohedge gets a bit technical for me but I generally pick up what is being laid down, can I trust Zerohedge?
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>>1552355
1. it's not.

people would be trading lead, not gold
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>>1552355
>How is gold a viable "post apocalypse" currency assuming a total breakdown in trading markets?
its not, you need to remind yourself of the kind of people spouting such retardation
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>>1552360
this is my assumption too, but if gold was popular in a pre-electronic global market. why wouldn't it be popular in a post-electronic regional market assuming global collapse?

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>career advice

so I'm currently wagecucking for a large brokerage firm I dont want to name.

It's effectively sales, giving advice on mutual funds, and trying to get existing clients to bring all their assets over (most of the time this just means IRA rollovers).. howeer it's really just a shitty call center. I make about 55k and there's decent growth there. The job is going to switch to more of an advisory role next year due to DOL changes.

Where would you guys try to go from here? I don't want to sit...
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im trying to even get to your stage, but id do the job a little longer even if it is painful. i heard being a broker gives you a lot of valuable experience. especially since its becoming more of advisory kind like you said just stick with it a little longer. whats next however ive got no fucking clue. ask collegues what their plans are, because nobody will be a broker forever. maybe you will get inspired
>>
If you can tough it out and excel at your job for a few more years you can do a career reset with a MBA (only good if you can get into a top tier school though)
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>>1552626
What's an MBA good for?
What kind of job does it actually get you?

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I need life advice from successful anons

>3rd year uni student
>it's a prestigious school, I'm in for a B.S. program that's pretty much just a primer for professional school
>(med school, pharmacy, dentistry, etc.)
>horribly low GPA
>few friends
>can't get involved with any academic clubs because of shit GPA
>won't be able to...
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is it physically possible for you to get your GPA up to a satisfactory level?

i literally spent the last four months of uni doing nothing but studying. managed to get my grade up from pass to highest possible.

i'd spent the rest of the time before that partying and procrastinating, so i had a lot too catch up on, but it's possible.
>>
restarting worked for me.

entered uni at 18. too stupid, too imature, a lot of opportunities but couldnt get them coz too much of a pussy, only wanted to take it slow, masturbate and play games all day. woke up to life and retook it at 23. best thing i did in my life and what i recommend anyone. only a few people are truly ready to take life seriously before their twenties.
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>>1552327
Did your GPA from the first time around hurt you? Did you retake the same program? Same school or different? What are you doing now? What did you do differently?

Sorry, don't feel obliged to answer all of these

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very cheap way to live if you jews are looking to minimize living expenses. 203 dollars a day depending on how many sandwiches u eat

PEANUTBUTTER: $0.456 (1 sandwich)
WHITE BREAD: $0.0617 (1 sandwich)
WATER: $0 a day

provides all macros you need (carbs/protein/fat).
occasionally buy nonbranded breakfast juice to get vitamins and minerals.
if you get bored of taste then just buy bananas which cost around $0.29 for one serving and cut it up on the sandwich.
this is by far the cheapest way to live.
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>>1552312
2-3* not 203
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>>1552312
>carbs
dropped
>>
Also porridge.

A bowl of porridge is one of the cheapest meals possible and filling and nutritious as hell.

Trouble is it tastes pretty bland so you get bored of it fast.

How long would it take to get my credit score into the 700's if I paid down the balances on my credit cards?
8 replies and 2 images submitted. Click here to view.
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Do your parents have good credit? Ask them to put your name on one of their credit cards (they don't have to give you the credit card). It boosted my credit score from 548 to 689.
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>>1552435
Not really an option. One parent is going through bankruptcy, the other isn't involved.

I'm grown btw so I want to do this on my own.

These are the balances of the CC's and the one other acct.
>>
Bump again

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What's up with this 5 dollar bill?
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It's upside down.
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>>1552275
Naw familia, took it with my phone. But you can clearly see it doesn't match the modern design of the 5 dollar bill.
>>
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Here's an unflipped version.

When did you realize that the only thing that matters in life is money.
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Never. Only race matters. And I came here to tell you that.
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>>1552227
Says the 27 year old childless NEET browsing a weabo japanese anime forum
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>>1552223
try r9k

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You think your smart, eh?

How would you trade on insider information?
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Hi SEC :^)
Why would anyone ever divulge how to do it with strangers on an an imageboard?
On the other hand you could tell us about the info you know so that it becomes public knowledge and you can trade however you like with no repercussions
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>>1552187
Apparently people have tried through their kid's accounts and have been getting caught that way. Fucking retarted.
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>>1552198
I don't have anything. I'm curious to the methods people have used in the past.

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How exactly does someone 'secure rights?'

'securing rights' is a phrase I keep coming across in articles. I understand, more or less, how you acquire, say, the film rights to a book, for instance.

But I have heard two other stories which left me confused -

1) an article I read years ago in a movie fan magazine, about a guy , presumably an entertainment lawyer? IP expert? who secures rights to a film based only on a short synopsis, which you can submit on a postcard.
This article was maybe 20 years ago, don't know if still relevant,...
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>>1552175
>how do you secure rights to factual IRL events
You don't. It can't be done.
>>
make an agreement with the source owner. if you can write scripts and pitch them to producers who want to make them into movies you've 'secured rights' to get paid whatever deal you made with the producer because producers have standard contracts they use. Otherwise, you need a lawyer or to become a laywer who knows how to draw up contracts.
>'secure rights' = make a deal to use and/or get paid for it
>>
for number 2 i think it was a trademark registration for the name Twin Towers attack or 9/11 or something like that. i have heard that story too, that in the afternoon of 9/11 (((someone))) who worked in NY attempted to trademark the name.

for number 1, i have also read this story and as far i know it was true, although your details aren't quite right.

the man was an agent or film producer and he would accept pitches for movies from people by message, such as you say postcard or letter or answerphone message. the pitch was just an elevator pitch, no more than...
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>graduating with a Stats degree this year
>graduating with a CompSci degree next year
>have 0 internship experience
>have 0 self projects to show
>have 0 awareness of how to market myself to businesses
>have 0 friends in any of my classes
>have 0 family or friends connections to any companies
>only job I've held is a math...
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>>1552086
Apply everywhere
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>>1552086
Better start doing some projects and posting them on an open source platform to showcase your skills
>>
Youll probably be fine. you still have a year left. But yes start applying to shit. At the very least talk to some of your professors about being a research assistant.

Can anyone tell me how these bikes are supposed to be very expensive in Japan? I have the same bike but different brand, it costs around 45k which is 95.8k in yen. Is it the materials, brand name, or excessive tax?
8 replies and 1 images submitted. Click here to view.
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Wot?
>>
>>1552078
Isn't roughly 100 yen = $1?
So that bike is only $1449 give or take
>>
It's probably a professional race bike for triathalons or professional racers.

45k is ridiculous but its for the best of the best, world class athletes, not your wal mart type bike.

Even then though 45k? TOO MUCH

The difference in pro bikes is that theyre insanely light, like 2 pounds, and everything is precise and functions at 100% efficiency, i think they have electric brakes too? I dont know.

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Why the fuck would you buy and hold bitcoin if you can literally buy something real like gold? Why are people being autistic about this?

I understand the people who trade bitcoin, but the people who are stashing it to pay for their kids college. Nigga please.
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>>1552077
you're a fucking fool.

in 20 years when nuclear fusion power stations are common the element AU will be regarded as a waste product.

bitcoin has mathematical known scarcity FOREVER.

have fun gaping your ringpiece trying to smuggle a gold bar in your anus when the apocalypse happens.
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>>1552080
>Apocalypse
>Power grid and bitcoin community will still be going strong
>>
>>1552080
>AU will be regarded as a waste product.
Nigger please

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Anyone here with first-hand experience getting rich by investing?
Teenfag here, and after seeing that Bogleheads' Guide To Investing I need some experience to back that up.

My thinking is along the lines of working part time in my 20's while living at my parents (no rent to pay) and keep saving all that money to invest and reap the long-term compound interest stocks/bonds meme.

What are the things I should be doing to be well off/in a good place financially in my 20's?
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>>1552063
buy potcoin
>>
>>1552067
gud1
>>
Alright, I'll bite but this is an investment in yourself.

Study on your own what you like (programming, physics, whatever) and once you're fairly proficient you'll be able to relate to other people in the field and they'll help you go wherever you're going.

Should only take a year if you're working on it daily.

Turns out all you have to do to fix your credit is stop behaving like an asshole.
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how do people get poor credit to begin with? just stop buying stupid shit you can't afford, or better yet, stop buying stupid shit altogether
>>
>>1552051
But how else am I gonna watch my 70" curved flatscreen after I get home from pickin cotton?
>>
>>1552051
i missed 3 credit card payments because I was addicted to marijuana.

that's it. in 10 years never missed a payment

I wish i was joking.

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So I've been reading for years that the US dollar is going to collapse. The gold obviously holds it's value.
I live in Norway.

I have a couple of questions.
1. Aren't all currencies tied to the us dollar?
2. How will the collapse of the usd currency impact other countries currency? Will the also collapse?
3. Should I buy and store Gold in the US now? How will that investment pan out?
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buy bitcoin and POT
>>
>>1552037
Really? I'm new. Why would either be a good investment? POT have been falling since 2011?
>>
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>>1552035
>So I've been reading for years that the US dollar is going to collapse. The gold obviously holds it's value.
Maybe you should stop reading conspiracy tier shit. The USD is the backbone of the global economy and has no real competitor. China is sitting on a lot of US debt and they want it to maintain its value, Russia is a total mess and the EU is in no position to really counter America any time soon. The notion that international trade is ever going to be conducted in gold...
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Any lawyers here? Thinking of getting into it.
Drop any good info about salaries (is it as lucrative as some make it out to be?), other important knowledge like best areas to specialise etc.
also general /lawyer/ threat
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also dont be scared I meant THREAD not THREAT haha
>>
the market is over-saturated, don't be surprised if you end up working as a starbucks barista.
>>
>>1551980
ive read articles that say thats a myth...i guess the best thing to do is to pass law school with great grades + have interning experience?

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Hello potential Richfags of /biz/, I come to you today with an offer. I will pay for my end of a partnership with any potential mentors out their with my tenacity and sweat.

What I essentially am asking is for someone who has the literal tactical day by day experience and know how of running their own business mentor in the process of earning money. I have a couple of ideas and concepts that are about halfway fleshed out as well. For one I'd need help obtaining start up capital, and before anyone says to go read or blah blah, I've already read about every fucking...
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Ask us some concrete questions or atleast provide some more information then "I have this great idea".


An idea is worth around 10$, a good execution of an idea is worth 10,000,000$
>>
>>1551962
I find how you placed the $ after the amount to be a probable indicator you don't know the first thing about money bro... I had answered your concerns too but yeah
>>
>>>>1551985
Basicly you want to scam some millenials out of their money


i have added you, personally i am not really interested in it as a bussines opportunity
but im willing to give you some advice

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/biz/, is the "travel lifestyle" a meme?

I've always wanted to live a lifestyle which is free from the poorfagness of living a dead-end job you hate (e.g. nervous wreck, stress, etc).

It may sound like a fantasy (which is why I'm asking) but how does one go about being able to book a flight and a hotel room and hop from country to country whenever the fuck you feel like it?

Like "fuck it let's go to (________) right now" shit.
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I wish I knew but here I am
>>
>>1551935
Not sure. As a wageslave, there are two methods that are known to work - ESL teacher and working on cruise ships. But neither of those offer as much flexibility as you're describing. They do give a lot of flexibility for travel and geoarbitrage, with lots of time off where you're already elsewhere, but the 'fuckit let's go"... I've only ever experienced that when I was unemployed. Cheaper than paying rent, but I've no real idea of how to make a living doing it. If you're not...
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I guess you would need either a bunch of money or a passive income or both. Wagecuck here, and I can't really just go on vacation whenever bcuz not enough vacation time

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HELP

I somehow got an internship in a large Bank in the trading department. i lied big-time on my resume, spewing bullshit like i have advanced VBA experience and having participated in several trading challenges with almost always being in the top contenders (i was never asked to prove this)

When i entered the bank and asked where i need to go for the interview, i felt like a fucking alien because i was wearing my dads old shitty suit that was visibly to big for me and everybody was staring me down. i was supposed to have the interview with the head of departments...
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Impress them by buying potcoin
>>
Outsource every task they give you to china and hire interns yourselves.
>>
It is stupid to even try. Even when somehow you get the job.
You could have had your job for years, and then one day the company does an audit and Wham! you’re fired. It happens. I read about it in the news it even happens to CEOs

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guys i am literally fucking shaking right now

i borrowed $5k each from my dad and uncle to invest in bitcoins, i got the bitcoins, and it wasn't making much profit, so i wanted to show them i wasn't a fool so i put all of the money in a bitcoin casino and blew it all in one roll.. what can i do to convince them not to put a hit out on me? this was the only money i had
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Get ten bucks and buy kneepads
Suck 5,000 dicks for 2 dollars each
And while you're gargling on cum think about you decider to use leverage on advice from Internet strangers
>>
post proofs OP.. no one can be this stupid..

at least swing trade it on poloniex.. you could have made profits if you knew what you were doing
>>
>>1551875
>heading towards 2017
>handing out advice to trolls

get cancer betaboi.

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at first all i wanted was a new car

but then i spent that new car on a new watch
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>>1551867
better investment imo

a 25 year old Rolex is worth 75% of its original investment. Whereas a 25 year old car MIGHT be worth 25% of its original investment if you have it MINT from sitting in a garage for the next years
>>
>>1551877
I totally agree, but it's just a luxury watch, where a car has a real value.

Don't get it twisted. I would take a nice FP Journe over an equivalently priced car any day.
>>
>>1551867
Speaking of watches, is there a /biz/list of acceptable watches in differing price classes?

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I need 200$. Can you help?
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>>1551862
i can but i shant
>>
No eat shit
>>
sent

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>Come here to surround myself with positive influences and about success.
>"I'm in this amazing position X at the age of Y" - why being less than my age.
>Feel like shit about how much of a failure I am.
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>>1551854
buy potcoin
>>
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>>1551854
If you have the energy to feel like shit, then you have the energy to do something about it.
>>
>>1551854
Don't worry, most of the stories you're reading are absurd lies.

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Shut up /biz/ and buy NXT.

poloniex.com/exchange#btc_nxt

quick before it reaches 5k satoshis and the 13th of october is over. You'll get free 1:1 ardor tokens for every nxt you buy. You just have to keep some nxt before the 13th of October.
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>>1551829
seems pretty gay but good luck. at least the NXT community are gentlemen. not like monero.

oh yeah and buy POTCOIN
>>
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please fuck off god damn it i hate you not fags so god damn much

why dont you keep shilling it to the cuck that has the nxt lambo with the black girlfriend that is barely even visible in bad lighting? LOL
>>
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>>1551834
If you consider gentlemen as a British fuck owning a majority of the coins to support his black gf, sure.. they are gentlemen

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Is there an universal method for measuring efficiency in medical care? I'm not looking for a defense of New Public Management or whatever the latest fad in western welfare societies is. But some kind of statistical method open for tweaking.
8 replies and 2 images submitted. Click here to view.
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>>1551807
>Measuring medical efficiency using economic models?
Why not? but don't try to measure economic efficiency using economic models.
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They're actually trying to implement a system like this starting 2017. They will give random surveys to random patients, and a healthcare professionals pay will be adjusted based on these surveys. It's going to be a wildly innefective system that screws millions of people... think about a druggy trying to come in trying to get free drugs, getting denied, and then getting one of these surveys.
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>>1551807
Life expectancy vs total healthcare spending.

The US btw is worse in this regard than every country with 'socialist' healthcare systems.


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