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[gentlemand]

Comments on Cboe BZX (BTC ETF) Rulemaking

The Lord hath spoken:

Subject: File No. SR-CboeBZX-2018-040
From: Lord Bogdanoff
July 11, 2018

POMP EET.

That's all we need.

I don't really see why they bother opening up comments from any old scumbag. It's either moonkids, embittered Brazilian professors or the plain mentally ill.

[somac.]

Not a debate about which intelligence service is more honest than another intelligence service (hint they are both dishonest).

There is no debate. The President of the United States should side with his own country.

His country are the people, over 300 million of them at last count. Not the intelligence service. Explain to me how an aggressive warlike stance towards a massive nuclear superpower will benefit the common man of either country? Will that help them feed their family, keep them safe?

In this situation you are either a warmonger or a moron to think that the 2 leaders of these nations should not be talking to one another in an effort to maintain peaceful relations. And, are downright disturbed to think that the intelligence service are his country. Especially with the proven criminal historical record of the intelligence service.

[mindrust]

Not a debate about which intelligence service is more honest than another intelligence service (hint they are both dishonest).

There is no debate. The President of the United States should side with his own country.

His country are the people, over 300 million of them at last count. Not the intelligence service. Explain to me how an aggressive warlike stance towards a massive nuclear superpower will benefit the common man of either country? Will that help them feed their family, keep them safe?

In this situation you are either a warmonger or a moron to think that the 2 leaders of these nations should not be talking to one another in an effort to maintain peaceful relations. And, are downright disturbed to think that the intelligence service are his country. Especially with the proven criminal historical record of the intelligence service.

Gun Industry is huge in USA.

They were creating artificial wars in the Middle East for years to sell their guns to local ME retards but after Russia stepped in, they had to stop. Warehouses are filled with guns, missiles, tanks, planes. Somebody should create a world war so the gun industry in USA won't collapse.

It is not Trump. It is not Obama. It is Texas. And Texas elected Trump. Why? He promised them a WAR. (a bigger one than what Hillary promised) Obama couldn't create it during his administration. They got bored of his shitty excuses.

What did Trump do after he got elected? Sold arms to Saudi Arabia.
https://www.nbcnews.com/news/world/u-s-sells-6-700-missiles-saudi-arabia-part-1-n859406

Gun Industry is governing USA. Not drugsters, not banksters. It is all gunsters.

[jojo69]

[vroom]

[STT]

Haha I’m not sure my link is better

It turns a crypto currency address into a unique 3D coloured seashell so you can instantly compare two addresses to see if they exactly match.  A slight tweak to the address gives a sea shell that looks completely different.

that's a neat idea for comparing addresses. comparing only a part of the address is not really secure. thanks for the description.

wait.. wasnt one of the first currencies seashells?

the more things change the more things stay the same..

Yea seashells of a special kind were used for hundreds of years apparently.   I dont know the full positives & negatives to that but it worked well enough to convey value over wide areas and trading apparently.  Jim Rickards mentions this and a few other standards while still criticising Bitcoin he acknowledges it is money.

I do think this very simple view of bitcoin via a picture (3D model format even?) is really important for mass adoption, not the QR code or the super long address.   Even the phrase mnemonics is not really it, people need a handle to be more comfortable with Bitcoin.   That'd be a game changer, slightly over looked or undervalued in the effect it would have to common use.


Bitcoin price accumulating it seems, its back into a positive phase now I think.  I wonder if that could be a very lazy way to trade it, just buy when its above a 7 day average or so and sell before it loses that momentum.   Not sure but would make a good virtual trade to try out.   We all know Bitcoin when it runs is extremely capable of gains so just hoping onto that positive move is probably quite smart for those of limited means especially who cant just hold and forget.
I'll give credit to nictrades here from twitter for underlining a while now that Bitcoin had broken a negative trend.    However markets still thinking about it imo, has to go above 6800 so not exactly vibrant action imo either

Why you need bitcoin reason#13577:

Your savings account should be called a “losings account”
3% inflation
2% interest
=>your savings lose 1% of their purchasing power every year

Twitter

Its done that way on purpose, its a form of tax effectively.   The difference in value generally credits in the governments favour who issue that currency without cost, restraint or any redress from the population using it which is the entire world.      
1% PA lost over the course of your working life, results in a 40% loss of value roughly [0.99^50].    If you saved your pension in cash you'd be a poor man

What did Trump do after he got elected? Sold arms to Saudi Arabia.
https://www.nbcnews.com/news/world/u-s-sells-6-700-missiles-saudi-arabia-part-1-n859406

Gun Industry is governing USA. Not drugsters, not banksters. It is all gunsters.

I'll argue against this just because I think it leads people to the conclusion capitalism is evil.   Capitalism wants to produce as many guns as possible because its profitable and they want to sell them widely as possible, maybe creating power imbalances.

I'd say its not the companies competing for business which is creating the imbalance with this buildup of ammunition and war technology.  I think it goes back to the governments and their noncompetitive control of economies and spending of GDP within that nation.
I've owned a few defence related shares before (anyone with a company pension probably does) and most of their business revolves around gaining the confidence of large government spending  budgets.   Thats make or break for them to get a cut of that pie that only a centralised government has the power to hand out.

The population of Saudi Arabia given a choice to spend their own money would be looking for aircon technology far more then weapons.   Defence is an easy argument but setting a war with neighbouring or even distance countries is more likely the powerplay of politics and doing so while spending money which is not their own.  The War is destructive and on a very personal level there is little gained from violence, most people feel this way imo.    Government which has no interest in making a profit is most interested in war which results in no gain for the participants, the basic logic that war is loss goes way back and it definetly seems true in the nuclear era.

I'd go with what Ron Paul says on this subject probably, I think as he saw both sides of the war, spending and funding by government of the military business sector.

[HairyMaclairy]

For anyone that has an opinion on Trump Putin meeting I would highly suggest reading this link

https://www.themaven.net/mishtalk/economics/mass-hysteria-vkQlQ1iuLEmF5S9-DqEx0A/

Seriously dude that article is just a mess of moral equivalency and “but her emails”.  It is poorly written and structured. 

[Ibian]

If it's wrong to choose the smiling girl over scowlface, then I don't want to be right.

Sometimes people choose a shitty ass meme to get their point across.

[STT]

I'm a massive fan of simplicity tbh, the smallest thing in iteration can lead to great things.  The answer is far more likely to be correct when it doesnt require a long justification and explanation.   But its no good forcing either side, most of us dont have perfect clarity it takes time I guess

Occam's razor is more commonly described as 'the simplest answer is most often correct,' although this is an oversimplification. The 'correct' interpretation is that entities should not be multiplied needlessly.
Occam's Razor - The Simplest Answer is Usually Correct
https://explorable.com/occams-razor

Quite funny there the definition is almost contradictory 

[Torque]

"Once you have 1 BTC, buy all the shitcoins you want!"

[Ibian]

Well if peace means surrender, including siding with Putin against the findings of the Republican controlled Senate Intelligence Committee, then yes. After all, there’s nothing wrong with cock sucking. I’m sure many find it quite tasty. I certainly hope my wife does.

Merited.  I think even the GOP is horrified.  In his own party there is speculation as to whether Putin has something on him. In a world of conspiracy stories and 'fake news', where do I file this?

And the EU is now a 'foe' of the United States.  Astounding.  I am sure most of my life I was taught the Americans were allies of Western Europe.  Should I consider going for some weapons training? I mean, a hell of a lot of Americans seem to be visiting places near where I live. There's even a US military base not so far away. 

And that is not ALL sarcasm. It's just you really couldn't make this stuff up.

There is nothing strange about this. Both Trump and Putin are K's, which is why they respect one another. They care about their people, not about the people of other nations.

As for the EU, it is no better than soviet russia and will eventually become just as tyrannical given time. Which is why we need to destroy it before it gets to that point. It is an enemy of the people, for the personal benefit of career politicians. This coming from an actual european, for the record.

[Anon136]

No I’m a leftie.  Which means I want to disrupt the banks and break up the cozy corporatist monopolies and bust big pharma and big healthcare.

I'm a right winger and I want to do all of those things as well... not sure your conceptions about left and right are very good here...

We can start by dangerously giving free healthcare to poor people.

That sounds great. I support free health care too. If someone wanted to go give healthcare to some poor person for free I wouldn't dream of attempting to intervene and stop them... Oh that's not what you mean? Well that's what the words that you said mean. If you lefties mean something other than that than perhaps you should actually say what you mean. The reason you never do is that your intentions always sound less noble and less palatable when stated truthfully.

But I digress, on the off chance that you actually mean what you said, there are lots of poor people down town, you can buy medical supplies at walmart, I would NOT forget to pick up some gloves if I were you.

so which future is the one where i own all the bitcoins?

It's the same future as the one where you own none of them. Bitcoin is nothing without a network.

[Xian01]

THESE BITCOIN BLOCK TIMES ARE FREAKING KILLING ME.

AUUUUGGGGGHHHH !!!

How is anyone supposed to test the Lightning Network like this ?!???

[Torque]

And the EU is now a 'foe' of the United States.  Astounding.  I am sure most of my life I was taught the Americans were allies of Western Europe.  Should I consider going for some weapons training? I mean, a hell of a lot of Americans seem to be visiting places near where I live. There's even a US military base not so far away.  

For the record, Trump clarified that when he said 'foe' he meant 'competitor'. Which is a completely different connotation.

Also to give context, Trump was expressing frustration that the U.S. continues to subsidize Germany and other NATO countries with footing nearly the entire bill for their defense, whilst these same countries continue to trade and buy LNP directly from Russia and not from the U.S.

Wouldn't you too be frustrated with this unfair trade arrangement?

[jojo69]

touched 6800 on GDAX

[jojo69]

And the EU is now a 'foe' of the United States.  Astounding.  I am sure most of my life I was taught the Americans were allies of Western Europe.  Should I consider going for some weapons training? I mean, a hell of a lot of Americans seem to be visiting places near where I live. There's even a US military base not so far away.  

For the record, Trump clarified that when he said 'foe' he meant 'competitor'. Which is a completely different connotation.

Also to give context, Trump was expressing frustration that the U.S. continues to subsidize Germany and other NATO countries with footing nearly the entire bill for their defense, whilst these same countries continue to trade and buy LNP directly from Russia and not from the U.S.

Wouldn't you too be frustrated with this unfair trade arrangement?

True as far as it goes, to be fair however, Europe has remained compliant to the petrodollar arrangement all these years, so it's not like we aren't getting value for our investment.  We get to export our inflation.

[bones261]

The problem with the healthcare industry is that it just not sustainable to try and operate it at a profit or even at break even. It is rather difficult to make a profit or break even when your main customers are among the chronically ill and/or dying. Unfortunately, it can really only operate at a loss, in the long run. It must be a subsidized enterprise, either voluntarily through charity and/or mandated by some sort of taxes.

[Ibian]

The problem with the healthcare industry is that it just not sustainable to try and operate it at a profit or even at break even. It is rather difficult to make a profit or break even when your main customers are among the chronically ill and/or dying. Unfortunately, it can really only operate at a loss, in the long run. It must be a subsidized enterprise, either voluntarily through charity and/or mandated by some sort of taxes.

Abolish the welfare state and let people pay their own way. It will be cheaper on average. Centralized economies are not efficient and can't be.

[STT]

Sorry for commentating again so often but the Europe is socialism theme has been said for decades and EU keeps on going anyhow.    Its not really tending towards extremes quite that much, the politics certainly appears that way but overall the countrys are mixed in their purpose and aims.   Germany is one of the worlds greatest exporters for example, any interference with control of that industry operation would not likely be tolerated and lead them into an obvious loss.   So long as they retain the ideas of democracy I would not fear Europe will become this negative or extreme any time soon, I dont see this as a trend increasing is my point. 

The biggest warning of a socialist move imo would be in the interaction between banking debt, government debt and the ECB.   Done correctly the debt is bad and some defaults should occur, this reorder is necessary.   If that common order is disrupted, it favours unrest and possibly this idea of seizing assets to favour the common good.  That path leads to ruin as Venezuela has shown most recently.   If all these governments' budgets were in surplus I would not think this possible at all


https://i.imgur.com/xwjwc4c.png
Quite an obvious barrier upwards, 6800 as mentioned a few times.    Indicators are neutral seems like and 50 day moving average flat.   This is just the April low, on balance nothing especially bullish required to challenge this area rather then retract as if it were a solid ceiling.   I would guess we surpass it and in doing so there is a bit of a rush upwards, 7400 to 7700 being the most obvious target which is a previous channel trend and a previous ceiling.   I dont think it would go past that without selling, consolidation.

This recent higher daily low area was quite good reason to be positive now I think

The problem with the healthcare industry is that it just not sustainable to try and operate it at a profit or even a loss. It is rather difficult to make a profit or even operate at cost when your main customers are among the chronically ill and/or dying. Unfortunately, it can really only operate at a loss, in the long run.

I'd agree in plain numbers but for a nation, its people are its most valuable asset and the best source of growth possible.   People are exponential in their capacity for productive gain, to not favour the good health of your nation as much as possible could be considered the worst form of malinvestment.

Saying that, only basic health care in line with advances over decades is that feasible.  Cutting edge, high cost health care should probably always be private.

[Ibian]

Sorry for commentating again so often but the Europe is socialism theme has been said for decades and EU keeps on going anyhow.    Its not really tending towards extremes quite that much, the politics certainly appears that way but overall the countrys are mixed in their purpose and aims.   Germany is one of the worlds greatest exporters for example, any interference with control of that industry operation would not likely be tolerated and lead them into an obvious loss.   So long as they retain the ideas of democracy I would not fear Europe will become this negative or extreme any time soon, I dont see this as a trend increasing is my point. 

The biggest warning of a socialist move imo would be in the interaction between banking debt, government debt and the ECB.   Done correctly the debt is bad and some defaults should occur, this reorder is necessary.   If that common order is disrupted, it favours unrest and possibly this idea of seizing assets to favour the common good.  That path leads to ruin as Venezuela has shown most recently.   If all these governments' budgets were in surplus I would not think this possible at all


https://i.imgur.com/xwjwc4c.png
Quite an obvious barrier upwards, 6800 as mentioned a few times.    Indicators are neutral seems like and 50 day moving average flat.   This is just the April low, on balance nothing especially bullish required to challenge this area rather then retract as if it were a solid ceiling.   I would guess we surpass it and in doing so there is a bit of a rush upwards, 7400 to 7700 being the most obvious target which is a previous channel trend and a previous ceiling.   I dont think it would go past that without selling, consolidation.

This recent higher daily low area was quite good reason to be positive now I think

The problem with the healthcare industry is that it just not sustainable to try and operate it at a profit or even a loss. It is rather difficult to make a profit or even operate at cost when your main customers are among the chronically ill and/or dying. Unfortunately, it can really only operate at a loss, in the long run.

I'd agree in plain numbers but for a nation, its people are its most valuable asset and the best source of growth possible.   People are exponential in their capacity for productive gain, to not favour the good health of your nation as much as possible could be considered the worst form of malinvestment.

Saying that, only basic health care in line with advances over decades is that feasible.  Cutting edge, high cost health care should probably always be private.

Socialism is forced redistribution of resources. The precise method this is accomplished by does not change the main theme.

In my country we have about 80% taxation. Convince me that this is not socialism.