Recent content by FJMcC

Right after Lee's surrender at Appomattox Court House in April of 1865, Sterling made a classic yearly A Down against the Dollar right in the 9.15 area, bounced slightly, and has continued down to the present rate right around last weeks 1.20 low. This is a profit of roughly 850,000$ per ONE...

Also no need to worry, all you conservatives out there, if Hillary were not the more acceptable candidate to the permanent national security state, she would have been indicted. You guys believe in authority, well the highest authority has spoken. Might have been a different voice if Bush or...

You are glossing over a lot of facts about Trump. Facts that can't lead to a responsible conservative to support him. If questioning a Federal Judge's ability based on his race and how it may affect his political views, advocating illegal torture and the murder of non combatants, imposing...

It's definitely true that there are some pretty far out CT'ers in the Republican base. That is kind of a recent development though. 30-50 years ago most government conspiracy ideas were pushed by the left. Let's see, Kennedy assasination, Watergate coverup, Iran Contra, Mena drug smuggling...

Pretty much only hang out with gamblers, but I felt this way very strongly as well. At 1.50, the Pound was pretty much exactly where it "should be" on a Remain vote. I had no options account and was begging friends to play 1.45 puts Friday afternoon. I thought that was a much better position...

Well, a lot of guys I know here in Vegas thought it was ridiculous they could get 9-1 on Exit late Friday considering how tight the actual polling was. A few had outs overseas and played it small as a throw away. I couldn't because election betting is illegal in the US, even in Nevada, lol...

Wisdom of the crowds is an indeed important predictor of future events. What it has no bearing on is the value of the actual price being offered to express that opinion. Bookmakers have a tough job, compared to say casino operators, in that the true value of any side is pretty nebulous. That...

This is a pretty interesting question. I have a ton of experience with sports betting, where money bet and by whom has no affect on the outcome of an independent event, at least in theory. I also have a little, by comparison, with financial markets where money bet actually drives the outcome...

All a real good bookmaker is is an analyst of analysts. I am talking the big ones that are willing to handle sharp action, which most really don't anymore. They are making prices and seeing who takes what. They know they have players or syndicates that do very good work using a variety of...

I know i am not breaking any laws of my jurisdiction. I intend to pay taxes in full. I pretty much assumed that in this day and age my transactions will raise red flags. Given the relative anonymity of crypto currencies, won't pretty much any consistent stream of transactions from a BC...

Just checked out gdax. Not sure if their Demo is accurate, but they are showing 8k BTC volume for the last 24 hour period, which is great, but the order book as of 2:00 vegas time is like fractions of a bitcoin deep at the first 6 or 7 B/A levels and then only like 4-6 BTC's after that. Are...

Thanks for the thoughtful reply. I am not too worried about the legality of what I am doing, but the idea that an "exchange" wouldn't be liquid enough to handle 50 or 100k of action is quite a concern. Are the bid ask prices huge? Are there reputable daily volume numbers for individual...

Well, a lot of foreign wires into a US account are also big red flags, regardless of source. I was hoping that a US bitcoin exchange might be different at least. Also the BC transactions look way cheaper, and the firms I do business with much prefer BC for a variety of reasons.

I really don't want to go into the specifics of my business, however, international partners that I transact with frequently are pushing us toward BC as the preferred funding method. In short, I would be converting USD to BC, sending them off to a firm that converts them back to USD at...