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teddybear

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teddybear last won the day on October 8

teddybear had the most liked content!

About teddybear

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  1. Missing: Teddybear

    Sup Guys Yeah, hodling. And, tbh, I'm a bit sick of the crowd here. Same questions, same topics and rather unrealistic expectations both timewise and scope wise. Also both unrealistic on the positive as well on the neagitve side. Feel free to chat me up per PM. I just don't feel like explaining some basic finance stuff like why marketcap is useless, how an orderbook works etc. over and over again. @Xilobyte and @fourthjohn will understand.
  2. Am I the only one?

    Wow. I'm jealous of your entry price.
  3. The implications of Ripples success

    AI is an oxymoron.
  4. The implications of Ripples success

    Elon Musk's views are very questionable.
  5. Pure speculation

    check what the biggest % spike in BTC was. I'd take that as a conservative reference. No science behind it, just teddybear gut feeling.
  6. Offline RCL Transaction Submission

    Is there a web-based way to submit the Rippex text file of a transaction, too? (noob-when-it-comes-to-code asking)
  7. Amex + Ripple?

    because... geeez.... I mean... I wouldn't dare to take a screenshot of BOYD phone which runs company messaging software. Think a bit.
  8. Hedge fund effect

    Oh, the famous VAT raise... yeah got it.
  9. Hedge fund effect

    He sure has no interest in saying that/having the rest of the market believe that. /sarc 500 mio is a little blip on the radar though and the way I see it, it will stay like that. Cryptos will not be part of collective investment schemes anytime soon. Structured products, yes. Big money is going to come (if any - I freakin' hope so) from use case interested FIs.
  10. Hedge fund effect

    That's the way to go. Lower the taxes and increase the base you apply these on (aka foreign money) --> snowball system. Good stuff.
  11. Hedge fund effect

    Ah, I see. 104% coverage is fine. SBB (National train company in Switzerland) was running on 80% or so I think at some point like 10-20 years go. Canton Geneva is at 70%. I mean these guys are screwed big time. Downwards spiral, cause you can't shift to more equity because you need steady flows from interest rate income, which is so freakin low at the moment that if you want to have a decent yield, you need to buy long dated low rated stuff (Emerging Market High Yield for example) or go down the capital structure (AT1 CoCos or Preferred Securities or Senior Loans) to get yield. But... the laws don't let you buy tooo much of that stuff. Yet, you need equity to get upside capture when the market rallies. That, together with the fact taht we are in a 10 year bull market and that all asset classes are super duper correlated... puh.... hard time. I don't want to be in their shoes. So they are trapped. They solve it by deducting more from current employees, which basically is saying "hey guys, now you pay for the the Asset Managers mis-managing other peoples money for their pensions 10 years ago". Sad stuff tbh.
  12. No no, that's fine, I agree with that. Question is if it's a digital asset to begin with which it isn't. It can be put on paper and it already exists. You just don't run around with it to trade it like good old JP Morgan did. For convenience purpose we do it electronically. You can start with a paper, a pen and two signatures. All digitalization did was to broaden the scope or the reach and consequently the liquidity. But, you don't need it. I can put a forward contract for frozen orange juice between us on paper. If you go to a recognized exchange into the pit and wave it and shout a price and find a buyer, you also have created a futures contract. Now maybe you are not my counter-party anymore, but I can still count on the flux of money (assuming my new counter-party does not go belly up, but that would've been my issue with you before, too). But: You can't write an address on a paper and have a token. System doesn't know. That was my point: Digital assets need to be digital to "be alive". Equities and derivatives don't.
  13. "Let’s start with something we can agree on: Using a digital asset is not a new concept in finance. Many examples abound; derivatives, equities, even IMF Special Drawing Rights (SDRs) are all represented by electronic equivalents of their assigned value." Why is an equity a digital asset? - To me it isn't. It's a physical paper stating that the owner is holding a share of a company. It's as digital as your medical records - "digitalized" but per se paper form. Why is a derivative a digital asset? - To me it isn't. It's a claim against somebody (usually an investment bank), once in form of paper, now "digitalized". You can have both examples above in both ways. Paper and ones and zeros. You can't have cryptos in paper, because the blockchain needs to "know" they exist, so they need to be digital first, before the can become "paperized" in form of a paper wallet. The decentralized nature of cryptos demands "digitalization", equities and derivatives are put in electronic form for the sake of ease, safety and scalability. So, yes, I think it's quite a stretch. The stretch is in form of the journey from centralization to decentralization and it's a nasty one IMO, because of all the involved conflicts of interest to keep/not keep/re-create the crumbling status quo. Am I missing something?
  14. Hedge fund effect

    only if it's in the realm of 1 billion per month. any excess would have to be bought on the open market, aka from me and from you. And I ain't selling.
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