It simply doesn’t matter what you trade … whether you consider yourself an
investor [giggles], trader, speculator, options guru, crypto “sniper”, whatever
… doesn’t matter, cuz whatever it is has/is being changed in real time by
developments in crypto … cuz it is “block chain” technology that is moving
everything in the world, at the speed of light, towards generational changes in
the way you not only view the world, but your place in it.
What took years and/or decades for you to see the changes in trading finance,
are happening in months/weeks, and sometimes days … a year ago, PHEMEX
was nothing more than a dream … today they trade OVER $1+ Billion in Bitcoin
every day, and the other day it went over $2 Billion … just one place in an ocean
of crypto! … and it’s the technological developments that have made that
possible … EXIT QUESTION: “how many weeks/months are left for the scumbag
LP banks, whether in precious metals or FX, before “open order” book platforms
take away all of their power & thieving “scumbaggery”, and it’s replaced with
block chain platforms {UniSwap, PolkaDot, etc.] that make MT4/MT5 LP based
platforms obsolete”?
Cuz on LP based platforms, we are stuck with the known scumbaggery of banks
filling orders and supposedly making markets, and it’s bullshit … we simply have
no idea whether or not our fills are “fair” [never], and how much exact slippage
we suffer on a trade-by-trade basis that is off the market and lines their pockets
… you can’t have that on an “open order” book platform run on “block chain”
technology … if anyone wants to run stops [buy or sell] they have to fill your
limit order(s) first, and you don’t run into the horseshit of the “Market If Touched”
[MIT] scam banks use today on the MT4/MT5 by saying, “oh well, we tried our
best to fill your sell order at “X”, but conditions changed so fast after THE
MARKET WENT THROUGH YOUR LIMIT PRICE, that we then filled your order at
the next available bid, which was “X-10”, and you agreed to this policy when you
opened your account, so suck it up Buttercup”! … any way for anybody to know
if this was/is true? … nope … in other words, there’s ZERO TRANSPARENCY &
ACCOUNTABILITY to the trade, and when that happens the entire process is
subject to theft … we’re just supposed to take their word for it that they’re
honest, when in fact we know they aren’t!
What’s going to happen in the months ahead is that everybody, from the biggest
institution to the smallest spec, are going to abandon traditional models of
trading cuz they’re sick and tired of getting screwed blind in EVERY MARKET
THEY TRADE by banks … and offshore brokerage houses will be forced to either
adapt or die [are you listening TURNKEY?] and offer the kind of “open order”
book platform model that you now see with PHEMEX and others that are popping
up in record number every week … these are multi-trillion dollar per day markets
we’re talkin’ about here, so the money incentive is “bigly & yuge”, and the rush is
on!
And it’s ALL possible cuz of crypto & block chain … 2 items of critical importance
are accelerating the move … 1) complete adoption of crypto for
deposit/withdrawal, especially in Tether [USDT], Bitcoin [BTCUSD], & Ethereum
[ETHUSD] … and what makes this critically important is that governments
[ALL OF THEM] cannot control OR regulate [meaning “kill”] any of crypto ONE
IOTA cuz they have no authority or power to do so, since crypto is NOT a currency
of their country, and 2) cuz of #1, there is no need or desire for KYC [Know Your
Customer], meaning the entire process is “OPEN & FREE” to everyone who wants
to participate … nobody cares about KYC except governments, for the usual
“protect the children straw dog” argument, cuz we’re all here to make money
… and since they have no control or authority, stick your KYC up where the sun
never shines, cuz we’re here to trade, make money, AND NOT to become
information warehouses for your authoritarian control! … that’s the attitude of the
people of the trading world … and if you’re gonna go down the rabbit hole and
argue that only criminals use crypto cuz they then can escape detection for taxes
& other illegal activities, then in order to be logically consistent, you also would
be in favor of banning food & water for everybody, cuz natch criminals partake of
these as well … what say you? … you can’t have it both ways authoritarians!
One thing in this evolution you can count on … and that’s that the U.S. government
will be last in line and behind the curve in every respect … while the rest of the
world leapfrogs into the future, count on any group of “Deep State” POLS &
Apparatchiks to want to keep the citizenry in the 1950’s … you don’t live in the
“land of the free & home of the brave” anymore … you live in the “land of the
indentured & home of Serfs” … and you can thank the FED for that, doing their
part since 1913 to screw the middle class of ‘Murica and debase the dollar … your
country props up & defends criminal banking empires, tracks its citizens for no
defendable reason, empowers criminal government alphabet soup agencies, like
the FBI, CIA, & NSA to run roughshod over peoples lives with ZERO
ACCOUNTABILITY, and on most days it’s very hard to distinguish the difference
between the MSM in ‘Murica from that in North Korea!
And I’m gonna say it again cuz it needs to be said … I dunno if Trump can
withstand the voter fraud and have it overturned … but if Creepy Uncle Joe & his
Communist sidekick take power, the clock is ticking quickly towards your future
inside Venezuela … and IMHO, the ONLY thing that can save you and your family
is the power of crypto and by default the block chain technology behind it … for
those of you “behind the curve”, the choices you make very soon will impact your
life forever going forward … wanna be a “Dope”, then go ahead and be a Dope,
sticking your head in the sand and pretending it can’t possibly happen only makes
you a bigger fool in the eyes of history.
I’ve taken the liberty of this Thanksgiving Holiday, where we get about 4 ½ days
of usually light trading activity, although this year in crypto it was “bat shit crazy”,
to wind down and kind of refresh the batteries if you will … I’ve been pressing
“full court” for too long in many areas, the most notable in crypto via BTC, and
needed to back away for a couple of days … that said, I can tell you that 2021 will
see some major changes on the blog, along with some features that aren’t
presently available, in order to help you achieve financial freedom … I’ve been
working on them behind the scenes, away from trading, and will be excited when
they arrive in full … so, stay tuned!
“The Syndicate” this last week up about 1.34% Net … BTC NAV = 1.01495 … and
since we do our accounting in Bitcoin [BTC], I’m gonna forego the $$ NAV cuz it
simply represents the gain in BTC and not from our trading activities.
Onto the week … until tomorrow … Onward & Upward!!
-vegas
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