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yeah man, thats why half the volume is from China, a heaven of honest money.

if this gains enmasse and bank profits and western union profits gets hurt, you dont think the entrenched oligopolies will lobby? as I said, money laundering is basically the only real function bitcoin has at the moment. there is only one other thing that can help bitcoin from going to 0. a...

The virtual currency competition is a farce. Bitcoin 1.0 has 21 million coins Bitcoin 2 has 21 million Bitcoin 3.0 has 21 million. each has exactly the same protocol... Now where do you see the limit? Mathematically, bitcoins work like MLM. Imagine there are 1 trillion dollar...

we are at the greed stage... its a tulip bubble, a very good one. Look at zerohedges chart. Its pure speculation. 37 virtual currencies is not enough, there are $$$ pouring in, but in the FEAR stage when they go, it goes hard. just at the moment it had good utility as money laundering, but...

Looks like bitcoin and related are a good way to launder money. Its only a matter of time before its shutdown. Depends on China mostly.

an ingenious ponzi scheme. that is. amazing. how do people come up with these ideas.

funny, a trading system of mine has evolved to use a combination of time stops and a disaster stop. its doing pretty good. how this imitates yours :D

Dont use stops, but reduce your leverage instead. Dont try to be a Livermore. Well it remains to be seen if this is good advice, anybody can get lucky anyway.

there are some very good SPY systems that can be applied to the ES. You can have 20% per year and profit factor of 3+ I know some systems can do 50% a year. But generally the longest running profitable systems only make 15-20% a year.

This is why redistribution of wealth must happen. Either you create BS jobs like China or you give food stamps like the USA. If not, velocity of money goes down and we end up in a Depression. The natural state is trickle up. The government must trickle down to counteract this.

Calling Obama is socialist is like calling Reagan a communist.

If Reagan didnt QE to oblivion we wouldnt be in this mess. Reagan was ten times worse than Obama, who spends way too little.

If you think of Bernanke as a quant, QE and printing money makes alot more sense.

that defeats the purpose of making money though. plus I would have to modify the VBA again... and im too lazy.:mad:

Why the paranoia? Anytime you use a program to backtest or trade, they can steal something. You might as well never use an off the shelf program.

yes, when the credit evaporates when the USA defaults on its bonds. For now, we are not defaulting, plus there's no trigger for a recession like high oil prices, so well keep going up and up . S&P 2000 can be easily reached, put a p/E multiple like the bubble in 2000 and S&P3000 will be reached.

Transfer payments are not enough to counteract the trickle up. We need more trickle down. Capital is lost as savings are lost to investment and money is created out of nothing. Nobody has any real clue, I don't know anybody who understands economics. Maths is clear, the USA debt will be...

I have the same thing. I solved it by modifying a yahoo from the internet. I still dont know any VBA. Problem is data is updated at 4:15. So you have to input data from 3,45, then change the close time, OHL is accurate, but C is 15 minutes off, unfortunately.

that is why a jobless rate below 6% leads to a depression.

I found an edge just looking at the newest threads of ET. Amazing. I hope it will work when I execute months into the future.