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  1. Scataphagos

    Cryptos are BULLSHIT... based upon nothing more than hope, greed, and stupidity

    Wake up. Still not true. There may be a "limited amount of BTC" as per the "one who controls that"... but is it "iron clad"? "Guaranteed"? Not able to be violated? And is that the REAL issue? Cannot there be THOUSANDS of other cryptos to enter the marketplace to dilute the demand for...
  2. Scataphagos

    Cryptos are BULLSHIT... based upon nothing more than hope, greed, and stupidity

    Whether they "have use or not"... the "field" of cryptos is wide open. Any number of new issues can come into the environment... all with the effect of "diluting demand" in general... even if not for BTC. BTC is what is what it is primarily because it was first. A handful of other early...
  3. Scataphagos

    Cryptos are BULLSHIT... based upon nothing more than hope, greed, and stupidity

    You got me. I was thinking about posting, "why the world covets gold and silver is beyond me, but they have and do."
  4. Scataphagos

    Cryptos are BULLSHIT... based upon nothing more than hope, greed, and stupidity

    Not true. Not just "limited supply", but desirability. Precious metals have been coveted by mankind all through history. "Electronic crypto credits" are different. I get the notion of "hope and faith" by young people in cryptos. Just saying it's not based in reality.
  5. Scataphagos

    Cryptos are BULLSHIT... based upon nothing more than hope, greed, and stupidity

    Disagree. The "limited supply" could be increased exponentially any time somebody (the right person) wants. "Limited supply" or not, they're still backed by nothing. There are more than 2000 cryptos now... something like 99% of them doing bupkis. And there is no restriction upon how many new...
  6. Scataphagos

    Cryptos are BULLSHIT... based upon nothing more than hope, greed, and stupidity

    First... the world had barter, but that proved "inconvenient" To replace barter, we had "gold and silver coin standard" as money. Next we had "paper money, backed by gold/silver coin" Then we got "paper money, backed by the full faith and credit" of some goverment issuing it. Now we have...
  7. Scataphagos

    Don't Forget How Evil Establishment Republicans Are

    No surprise. The Left intends to win... buy hook or by crook. Cheating, lying, etc... whenever necessary or whatever seems helpful in furthering their agenda. :(
  8. Scataphagos

    Looks like nothing will get done on immigration unless it's by EO

    Yes. He said, "Congress isn't going to do what I want, so I'll do it with my pen and my phone". With a split Congress there will be zero legislation passed on immigration, so I'm hoping Trump can use Odumbo's tactic... and let the SCOTUS sort it out.
  9. Scataphagos

    Looks like nothing will get done on immigration unless it's by EO

    Hate to see that. However, Odumbo did a lot to get us into this mess on immigration... perhaps Trump can undo some of that. ?? :(
  10. Scataphagos

    Here Come The Crazies!

    Every time I see her pic, I get an urge to reach into my tackle box.
  11. Scataphagos

    why does a stock move several days after its news?

    Unless you have "up to the moment news/squawk" so that you can jump on the trade very quickly.... suggest you forget about "trading the news" altogether. What you've observed as "delayed reaction" to "the" news may not be that at all. Whatever reaction there is to the news, it will be...
  12. Scataphagos

    New Swing Trader

    Ditto. Understanding the proper application of the 50 and 200MA tests/breaks is one of the market's "biggies". Why? Because "everybody watches them". So should us all.
  13. Scataphagos

    2018

    Correcto! If you ain't working, you can stop off at the polling place on the way to Starbucks to buy your $5 latte with your EBT card.
  14. Scataphagos

    Please Do Not Vote

    What? MS-13 don't read English?
  15. Scataphagos

    Please Do Not Vote

    Especially true about today's American Lefty/DemoCraps. Our Founders had it right. To be given the "responsibility of the vote", you should be informed and have skin in the game. Our "one man, one vote" policy... where people with no skin in the game can "vote themselves a living" at the...
  16. Scataphagos

    Canopy Growth (CGC)

    Maybe by today's end. :)
  17. Scataphagos

    How To Manage And Measure Risk If Volatility Is Not It?

    Best way. 1. Decide in advance how much you're willing to risk that your bet is correct. Place a hard stop there. 2. When volatility is higher, use a wider stop. Reduce position size as/if necessary.
  18. Scataphagos

    Canopy Growth (CGC)

    There you go... with your "fundamentals*". :) The only thing that's REALLY important... what players do with their money. *I rejected the notion of fundamentals years ago. (Not that it's a wrong approach... just that I wasn't going to be able to do it well.) There might be 20 fundie...
  19. Scataphagos

    Canopy Growth (CGC)

    No help to me. I don't follow fundamentals*. Price TA/KISS, only. *IMV... fundamentals are the excuse you use for holding a losing position for longer than you should.
  20. Scataphagos

    Canopy Growth (CGC)

    All true. Nascent industries/companies always look like sky high valuations. Sometimes the performance "catches up", but not always.
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