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  1. V

    there is no career in trading - quote

    Great thread. I think newwurldmn and Mr Muppet are discussing both sides of the same coin, as some people are practical while others are abstract. The analogy I like to use is, some people buy homes while others rent and invest the difference. There are thousands of websites arguing for one...
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    Goldman Sachs Leading Investor Group to Buy Celsius Assets: Sources

    Makes sense, no? Would you have wanted to see GM, Ford and Chrysler go bankrupt and let go of tens of thousands of employees? What would have been the consequence of the collapse of the financial and banking sectors in the US? All these scenarios are unfathomable as they would have collapsed...
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    Employees Scrambled to Keep Robinhood Afloat in January 2021 Meme-Stock Frenzy, House Report Finds

    Why the surprise? Do you pay anything to trade on their platform? So why would you be anything more than a conduit to their paying customers?
  4. V

    Compensation from IB

    Change vendor?
  5. V

    Alternative to fiat money

    There are barter movements in Europe, now made easier to operate via apps. Plumbing job in exchange for woodwork and such. No money exchange, no taxes to pay... It's like a post BTC world for libertarians and anarchists!
  6. V

    The Next LUNA Ponzi Scheme

    Why are so many traders talking about other traders? It's not like anyone is competing against anyone, yet reading comments remind me of high school kids dissing others for the better or worse grade they got.
  7. V

    Tesla TSLA has topped

    Yeah, I've been calling out the TSLA geek squad on TMC and in general over the not inconsequential risks tied to batteries on fire. This isn't a Tesla issue but a governmental and perhaps a global one. Fire departments need to be trained on how to properly put these fires out, scientists need...
  8. V

    Alternative to fiat money

    There's no alternative to fiat. Bitcoin is trying to be but BTC's most devoted supporters are anarchist/libertarian types who are looking for a way to avoid paying taxes because they don't believe in government. In any case, BTC's best hope is as an alternative to gold or as the reference for...
  9. V

    A legal challenge over crypto reporting could strike down decades-old anti-money laundering laws

    Btw, there is no constitutional right to privacy when the goal is to avoid paying taxes!
  10. V

    A legal challenge over crypto reporting could strike down decades-old anti-money laundering laws

    Lol, that's such a libertarian perspective of pitting citizen against government but, at the risk of disappointing some, no, the Constitution doesn't exist for that reason at all. In fact, the Constitution was written by intellectual politicians, to set the fundamental rules of the game in the...
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    Switzerland Imports Russian Gold for First Time Since Invasion

    I smell right wing dung. Who needs a moral compass or ethical standards, right? If lefties want to fight racism, I want to fight for it.. why not? Putin isn't such a bad dictator after all, he's not a communist, he's one of us now!
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    Switzerland Imports Russian Gold for First Time Since Invasion

    Lol, Switzerland didn't become very rich milking cows.
  13. V

    Not just a normal Bitcoin bear market?

    Quite a few actually... And those are only the federal politicians: https://en.m.wikipedia.org/wiki/List_of_American_federal_politicians_convicted_of_crimes You are also speaking strictly about the US system and I invite you to read my comments to Dead Dog on another post about the unique...
  14. V

    Do you really have a choice??

    I don't have a solution either, just pointing to specificities of the US system that are its strength in times of growth and weakness when things don't look well.
  15. V

    Not just a normal Bitcoin bear market?

    You think that a couple unknown whales and an unknown founder have your best interest at heart? Our political economy is a machine that can and is adjusted over time. We the People have that power. We elect representatives to do work we believe in. If they don't, we can haul them to jail or...
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    Not just a normal Bitcoin bear market?

    Now I remember why I muted you.
  17. V

    Do you really have a choice??

    A couple concerns with your assessment. 1. You're using the US exclusively for your example while there are a variety of democracies around the world in which most of their population feels fairly well represented with the political alternatives offered and the evolution of their nation. 2...
  18. V

    Bitcoin drawdowns

    Thanks for the perspective
  19. V

    Not just a normal Bitcoin bear market?

    I bought BTC and a half dozen other cryptos out of greed, months before they all collapsed. Me and several million other greedy noobs. Then I started thinking about what I bought. Coming from supply chain, blockchain made a lot of sense, and reading a little about it, I could see blockchain as...
  20. V

    Not just a normal Bitcoin bear market?

    Can't wait to buy that 2M Sydney apartment for half that in 3 years...
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