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  1. M

    Crypto Currency Observations...

    What exchange are you trading on? Bitmex?
  2. M

    Crypto Currency Observations...

    Well, yes and no. Anonymity "was" the point at the beginning of BTC's use. It's only been discovered recently that as you suggested, that anonymity argument is falling part. Here is a good article on that: http://www.sciencemag.org/news/2016/03/why-criminals-cant-hide-behind-bitcoin If this...
  3. M

    Is Warren Buffett blind to tail risks/risks of ruin?

    An interesting side note on this whole fiasco was Buffet bought 5 billion in long term warrants on GS that he also had exposure to had GS gone under. He bought those at good prices in 2008 in the middle of the crisis. Not sure about the ethics of that making a massive investment in the firm...
  4. M

    The ACD Method

    You traded for Don Bright?@#?#$?#$$?#$%%? Man this is getting juicy.
  5. M

    Is Warren Buffett blind to tail risks/risks of ruin?

    There was actually an academic paper floating out there discussing the trade. I stumbled upon it accidentally at the time. I can google around for it. The paper attempted to actually provide a synthetic price for where the trade was at it's worst levels. Since we are not privy to the actual...
  6. M

    Is Warren Buffett blind to tail risks/risks of ruin?

    You are forgetting that the trade on the books was a liability to GS and at the time they were literally minutes from going under. This trade in particular was not helping their balance sheet. It's not a matter of GS going under, it's a matter of could GS have f*cked Buffet to "prevent"...
  7. M

    The ACD Method

    When does part 2 come? :)
  8. M

    Gotta love ZERO RISK in the SP500 = $$$

    http://www.cboe.com/delayedquote/futures-quotes Free.
  9. M

    Crypto Currency Observations...

    But Baron the argument you are making is that price does not matter. There is an arbitrage here in a way that at some price level, whatever sex slave, drug or weapon that I'm buying on the dark web, there has to be a price where I switch to dollars. For example, say I was buying a gun for one...
  10. M

    Crypto Currency Observations...

    There is no identity. That's the whole point to the blockchain. It's not like a social security number where if you get my name and number you can impersonate me. There is no name to your unique coin. There is no way to connect that coin to you therefore it cannot lead to you. Your coin is...
  11. M

    Gotta love ZERO RISK in the SP500 = $$$

    His "prediction" was buy the Vix on the close Friday and sell it on the open. Whether we use Sunday night's open or Monday morning, the VX futures opened flat. When he resorts to making a real time call he is dead wrong. Also, he has no understanding of how the VIX works as he foolishly...
  12. M

    Crypto Currency Observations...

    If I have 10 million in BTC as a company I can pay you, my employee whatever your wage is. Yes, we "both" need to have it and that is the point Tom Lee made in the video. It's like a social network. The more people that own bitcoin, the more valuable it becomes. This contradicts the...
  13. M

    Crypto Currency Observations...

    BTC is NOT traceable. There is nothing to hack. The Gov't can't stop it. That's the whole point of the encryption. Tom Lee explained it would cost billions of dollars to counterfeit just a single BTC. There is no benefit to do that. He explained you are better off hacking the Fed then BTC...
  14. M

    Crypto Currency Observations...

    The drug trade is not driving this in my opinion. It's North Korea, Venezuela, Zimbabwe, etc. BTC allows one to store value in a country with hyperinflation. But that is the short term driver. Long term we have an issue here. What if people want to get paid in BTC vs dollars. Say I make 10...
  15. M

    Crypto Currency Observations...

    Tom Lee does a great job on how to value bitcoin both short term and long term. It's the best explanation I've seen yet.
  16. M

    Gotta love ZERO RISK in the SP500 = $$$

    You really need to learn a little more about the VIX. VX futures are up .50% today. Such a drama queen.
  17. M

    Gotta love ZERO RISK in the SP500 = $$$

    VX futures opened flat dude. The only live call you made on this thread was wrong.
  18. M

    Gotta love ZERO RISK in the SP500 = $$$

    Yet another bad call. VIX opened flat. You are much better at hindsight trading.
  19. M

    The ACD Method

    Love it! Keep it coming. Great story.
  20. M

    First AI ETF is out, would you buy at all?

    http://www.marketwatch.com/story/a-new-etf-uses-ibms-ai-technology-to-help-it-pick-winning-stocks-2017-10-18 AIEQ
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