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SNB looking to take a small hedging position?
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MacFee is what Ver will become ... coked-out nutcase with tied-died hair. Take a look at rake of head, ears, nose, body-posture is scarily similar ... is Ver MacFee's illegitimate kid from another mother or something!? Jihad is toast now anyway, unless he really is Communist Party plant or he wants to defect to Tokyo, and these asshats can go back to being clueless evangelists. |
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... if you really think more regulations are the answer you haven't been paying attention. The banks write their own regulations. Monopoly money comes about because of ... well, monopolies. I'm talking about a simple regulation, that I'm sure most people who just need a bank account would agree with : a bank should have full reserves. No right to invest, lend, or anything like that with customers money unless these customers specifically agree to it (and get a share of the profits, of course). Well that would be a simple fraud violation for misusing others funds. But banks have put in special regulations to specifically allow such practices, in fact the recent rules around 'bail-ins' especially allow the use of customer funds to back the solvency of the bank. This is what this thread is about. They used regulations to steal from their customers. |
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The irony here... will you not at least offer some sort of trouser token before you can pay us back.? Trouser token market is now open. The following users have been credited with a split of 55% PANTS and 45% trouser tokens. 09/12 gembitz 09/12 cAPSLOCK 09/12 jojo69 09/12 RealMachasm 09/12 Lauda 09/12 d_eddie 09/12 xhomerx10 09/12 kurious Pantscoin or Trousercoin? You'll need to grab the domain name quite quickly. PANTS, pumping or dumping? |
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Are you sure the image is legit?
Why would they buy so many bitcoins in an obscure Swedish exchange and using their real brand?
It's the only Bitcoin ETN and that's the only place to buy it. But it's probably executing client orders, not their own. And which market ever have these guys only traded on commission for clients? Their biggest vig comes from trading on client information, front-running trades, dumping shitty-deals on their muppet clients ... everyone knows the drill by now. Surely. Oh yeah they are here to play, for better or worse. |
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Izabella ....
Everybody try to be on their best behaviour this weekend. And for god's sake, keep your trousers on!
how is that possible after some guy ran off with them all in a panic? it could be a case of being surrounded by brown eyes. |
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Whoa, elephant in the front room here people .... HSBC Barclays Capital Sec. Morgan Stanley JPMorgan Credit Suisse Goldman Sachs Danske Bank all listed as participating in this swedish traded bitcoinETN! Isn't that the big news here? Large multinational banks and regional banks are involved in the bitcoin market!! Not long until they allow ETFs in london and NY/SF unlesss they want to be left as trading backwaters. Only matter of time also until they put it on the major currency trading platforms where these guys usually play. |
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Should have said also, it looks like the regulators in Switzerland are doing the best job at attempting a rational treatment of cryptocurrencies. You should investigate how they are dealing with it ... they had a head start because they already had a competing currency regime in place from long ago (gold, francs, WIR francs, etc) and treat any newcomers merely as "foreign currencies".
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Jamie Dimosaurs daughter walks amongst us! ... Lauda is that you? ... NotLambChop?
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Nobody took the money. It simply disappeared in failed investments. You can blame the bank but banks operate in a regulatory environment, the regulators failed to address the problem in time.
Many on here, especially US citizens, want less regulation, well, there are consequences.
The US didn't manage to really regulate its financial institutions after the last crisis, Trump is unraveling the few regulations there are, so another crisis is now on the horizon.
... if you really think more regulations are the answer you haven't been paying attention. The banks write their own regulations. Monopoly money comes about because of ... well, monopolies. |
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To set it a basic way:If your money is in a bank, it is no more time your income, it is the bank's and they might do whatsoever they damn nicely please with it. Financial institutions are previously mentioned the regulation, they reply to actually no one.
This, if you are not the only person controlling your fiat then you are not the owner of that fiat, the moment you decide to put your money in a bank that money belongs to the bank and not to you, it is the same principle that applies in bitcoin, if you do not own your private keys then you do not have bitcoin. .... and if you want fiat in digital form, which is most convenient, then you must have it in a bank or other third party. Bitcoin is the first digital money form you can possess and control (own) for yourself, i.e. without a third party. |
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nup ... sideways for a while, maybe another dip down to some moving average or another (~$3800?) and then higher.
Mining is hauling in ~$7.6 mill per day.
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I know adding laws would not help but what would be the ideal regulations for a crypto-friendly nation? Like the most ideal nation that would encourage businesses to move there.
One thing I can think of is not requiring any sort of certifications or licenses to run an exchange. Allowing bitcoins to be used for payment for government services.
The main thing is to accomplish first is the repeal of ALL legal tender laws. Put any Central Bank fiat currency on an equal footing with foreign, corporate, cooperative or competing currencies. Let the free market for currencies and banking systems decide the winners. See these links from my signature link for example: http://www.youtube.com/v/oPCFKHCCKF0?start=1026&end=1097&version=3https://mises.org/library/denationalisation-money-argument-refined |
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http://www.zerohedge.com/news/2017-09-10/will-banks-be-amazon-ed-cryptocurrenciesRegulations are walls against competition, the banks practically invented the modern walled-garden, the Central Banks turned every nation into a walled-garden. The problem with walls is they can work both ways. The banks, and especially the Central banks, are now trapped into impending irrelevancy by the most massive financial walls of their own making, monopoly money.
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I wouldn't want to add to the state of chaos ... but if the baboon scat-show doesn't calm down a tad I will go there.
i thing gold is going to catch a major bid? where's roach, did he miss his ride?
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There is a joke around here about buying a boat. is this code for you wondering if you need a bigger boat?  |
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Stop confusing people with babblings about price inflation. This thread is about monetary inflation. Economists are always the same, they are trained to confuse and obfuscate the evils of monetary inflation with babblings about the complicated secondary effects of price inflation. At a minimum you should describe and define the terms you are using before babbling. Process inflation of an event is not a high-low price level. That is, the price level is considered high does not necessarily indicate inflation. Inflation is also an indicator to see the rate of change, and is perceived to occur if the price increase process is ongoing. Inflation can be classified into four groups, namely mild, moderate, severe, and hyperinflated inflation. Mild inflation occurs when price increases fall below 10% a year; moderate inflation between 10% -30% a year; weight between 30% -100% a year; and hyperinflation or uncontrolled inflation occurs when price increases are above 100% a year.
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city-states entirely self-funded by their own floats of a bitcoin sidechain crypto-currency? |
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