GrandPapillon
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Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
get a better bank, problem solved. Could have used WISE also. -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
yep, new regulation from SWIFT, a PITA but using crypto to replace a broken system with another insecure broken system like cryptos is not an option either -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
that guy is simply not there, what a loon, listen to last 10min, it's hilarious ???? -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
more like $25, but who is silly enough to do a $100 transfer with SWIFT? nobody :) you pay with a credit card, like normal people do :p -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
mobile phones are useful, cryptos are worthless ???? -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
please tell us again how do you buy it? ???? -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
"You just don't understand" is actually a translation of "I have no answer" ???? -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
priceless indeed ???? -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
I can tell you how it is determined, the number of suckers falling for it ???? -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
indeed, she is over-rated, and an intellectual fraud ???? -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
I suggest Crypto gurus should read a few books on market pricing models, learn what is a unit root and a random walk, what is a mean reversion trend etc... etc... -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
it's all BS stats and graph, that's what the crypto genius keep missing and they are going to learn the hard way now simply the maths doesn't work when you have volatility that goes 4 standard deviation in a month, mathematically it's all BS. You are better off watching those "buy me too" videos ???? -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
there is no research for cryptos, that's what you keep missing. At best it's a white paper (aka marketing brochure) selling some BS story out of thin air that only a fool could believe. as for "pricing research", there is no continuous tape and price transparency, it's all "Exchange owned", so analysis techniques for securities with outrageous volatility doesn't work. The pricing models are extremely weak and prone to "random walk" bias (aka unit root in stats talk) -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
nicely put and amen to that, -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
research in crypto speak means to drink the KoolAid and watch some silly YouTube videos how some random dude you know nothing about made a billion in 2 weeks ???? Sold! ???? -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
as believable as Madoff himself ???? -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
those bitcoins gurus without any prior trading experiences on "regulated" markets need to get that, putting a stop is not a guarantee it will work. It might work for a very liquid security but not for one with a huge bid/ask spread. When you don't really know who is doing the bid/ask in those "unregulated" exchanges, you can bet that those bid/ask will change dramatically when things start to go sour. This happens a lot in Equity "Options" markets since they work in market sillos, exactly like the crypto exchanges. -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
dude, you need to watch that Netflix series: Trust No One ???? -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
they could start with basic "asset" diversification and equal weighted allocation among assets, and then watching assets when they go down 10% or go above 50% to rebalance quite simple actually, but people are lazy ???? -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
if you had a bit more experience with financial matters and the financial markets, you would know that the analogy to "ponzi" is right on the mark. Sad to see that some boomers seem to miss this and drank the KoolAid with the younger crowd. At least Millennials have an excuse for their ignorance. -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
semi-retired boomers who didn't make enough with real work, yeah them too ???? -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
disagree, cryptos produce hope for those millennials not looking for hard work ???? -
Crypto Crashes
GrandPapillon replied to Whale's topic in Jobs, Economy, Banking, Business, Investments
amen to that ????