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there is a reason for that. Most forex brokers lost their licenses in US for the simple fact that they were just Bucket shops. They thrive outside US by picking their customers pockets. Most who trade currencies (me and my partners do) in the US use CME currency futures. If one is big enough...

last month alone, they printed 6.4 billion. Over last day slightly under 100 mil. More is needed to push price up.

oh it matters a lot if you are an investor. If you in and out, agree does not matter much.

Correct. They have been like this for a very long time. We moved away from them due to tech issues, but margin was not an issue. It is not crazy, and if anyone really need exchange minimums, it only means they greatly over leverage themselves.

Cute, but clips like these only reinforce my point. all they have to do is produce an audit from a reputable firm. Been 7 years, and the only time they hired auditors they fired them for not understanding their business model. And for something that represents roughly 3/4 of daily volume, I...

Ridiculous but funny :D

In quick summary, Bitfinex acts as Federal reserve. They say each tether is equal 1usd. They can issue infinite amount of tethers. As I said last month alone 6.4 billion was issued out of thin air. Then they use them to buy Bitcoins. They also cross trade to bid price up. Where you or I need...

Last month alone 6.4 billion tethers were printed, that is 200plus million per day. This is how we got to 60k and not that going mainstream BS.

I would give it 2 percent:D

Milk it while you can.

hi Padu, do you recall the handle of the poster who was advocating about market always going up and knowing it and “not having a seat at the table “

absolutely not because I use non of it. We run a fully automated algo strategies. Computers have no cynicism. Humans do. Time will tell who is right, I hope I am mistaken.

Why do you say this??? We all love bull market, we all have 401k, IRAs and etc. plus many invest long term. But what we see now is not bull market but pure madness.

how long have you been trading? If long enough, you would know that markets stay the same. Actors and products change, but markets are the same. What we seeing now is madness of epic proportions. very evident in SPACs, TESLA and etc. We all enjoying the ride, but when it stops, it will be...

Glad Nison is doing fine. Met him many years ago, really funny individual. Use to be on his distribution lists.

after we saw oil at -37 last year, I say nothing is off the table. Drop of any magnitude is possible.

and yet you can. Granted not forever, but in the long run we are all dead.

5.3 will be Armageddon. Doubt we will see it.

AOL chat room knowledge would not get a job 20 years just like knowing how to use Instagram will not help today. He used useless comparison. IT does require learning new things all the time. Just nature of the beast.