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    Carney calls for crackdown on cryptocurrency "mania" ...

    how would that be different from what paypal already offers?
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    Carney calls for crackdown on cryptocurrency "mania" ...

    Bitcoin transactions can be sent through skype emoticons, telephone, radio or even smoke signals. It will not be stopped because it can't be stopped
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    Using Excel to load active stock prices

    I believe you can do this with IB DDE but I haven't used it in quite some time
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    Global Macro Trading Journal

    https://www.wsj.com/articles/buffett-my-political-views-shouldnt-sway-berkshire-investments-1519652278 “The inclination might be more toward repurchase than dividends, because dividends have the implied promise that you keep paying them forever,” he says. Berkshire already has said it would...
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    Risky Crypto Bet Blows Up Dennis Gartman's Retirement Account

    1. No he did disclose it was a loss https://www.zerohedge.com/news/2018-02-20/gartman-blows-riot-blockchain "adding to positions that have gone badly against us" 2. He is known for 'flip flopping' which is a trait that people like Paul Tudor Jones actually praise. Anyone that makes money trading...
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    Risky Crypto Bet Blows Up Dennis Gartman's Retirement Account

    I have far more respect for Dennis Garman who willingly discloses losing positions and isn't afraid to change his mind, despite the critics, than 99% of people on twitter, blogs and forums who somehow always nail tops and bottoms and claim to make huge money
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    What is the symbol for Brazilian nation bond?

    https://www.ishares.com/us/products/239528/ishares-emerging-markets-local-currency-bond-etf
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    Global Macro Trading Journal

    Gavin Andresen (one of the early BTC developers) talks abouy how hodl wasn't a thing in the beginning "HODL” wasn’t a thing– instead, bootstrapping the community by purchasing things (like 50BTC alpaca socks or 10,000BTC pizzas) or giving away Bitcoin was encouraged."...
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    Global Macro Trading Journal

    If you want to trade and invest well, learn history they say. With that thought I purchased the book The Book of Satoshi to learn more about the beginnings of Bitcoin. Great book, there is a lot of stuff there that you dont see anywhere else. For instance, lots of people say that Bitcoin is...
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    Global Macro Trading Journal

    That tends to be true in Angel investing as well. At least according to some Angels. One that I saw an interview from talks about how VCs (which invest at later financing rounds) have the luxury of backing really strong teams even if they dont love the idea but angels dont have that option...
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    Global Macro Trading Journal

    So the key to invest in Tokens is to find ones that will try to disrupt big industries and be involved in a lot of economic activity. To the extend that they do that, they will be worth a lot of money. That huge pontential in the token SHOULD lead to things like hodling and lower velocity. The...
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    Banking issues for traders

    I did back in 2008. I have made wires in and out without problems with them for 10 years. And those were international wires
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    Global Macro Trading Journal

    I have been playing around with the monetarist formula and its applications to valuying cryptotokens and assets. Its tough because most articles are very confusing, so I'm trying to clarify my own thoughts. The classic formula is Money * Velocity = Nominal GDP (which is much simpler than the...
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    Munger says Bitcoin is trash

    He is wrong, he is assuming that the entire world is like him. That everybody lives in a developed market economy with a stable currency and that they have the risk tolerance to be 100% in equities all the time. Furthermore, that the 100% equity position happen to be in a country that doesnt...
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    Global Macro Trading Journal

    To economists and finance people (The NY crowd), every unicorn would be called a bubble if they were liquidly tradable assets (AMZN was many times)
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    Global Macro Trading Journal

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    Munger says Bitcoin is trash

    Ask what Munger thinks of gold and you will get a similar answer. Yet it has had value for several thousand years. Same thing with Buffett. Take their opinion with a giant grain of salt. They are equity people that hate the idea of sitting on non-equity assets, regardless of their benefits
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    Banking issues for traders

    Try everbank
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    Global Macro Trading Journal

    Maybe I simplify things too much but it seems to me that there are 2 types of stock observers these days in the US. 1) The Shiller believers, they look at PAST conditions and try to figure out what is the expected value of the stock market (which is another say of saying the expected return)...
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    Global Macro Trading Journal

    In the future, I might favor a different indicator than the forward PE to try to derive an Expected Value for the market but right now, I believe that analysts working all day to try to figure out the earnings for the next year or 2 are far more likely to get it right than these macro observers...
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