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To: oblomov

I manage $40 million for clients. I don’t deal in fantasy with no underlying value.


10 posted on 06/15/2018 8:40:53 AM PDT by LRoggy (Peter's Son's Business)
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To: LRoggy

So you don’t hold US dollar cash? What currency are you transacting in?

No offense intended, but at $40M AUM, you are following & capitalizing on trends, not making them.


14 posted on 06/15/2018 8:45:43 AM PDT by oblomov
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To: LRoggy
I manage $40 million for clients. I don't deal in fantasy with no underlying value.

If that's all you manage then you are correct to avoid speculation of any sort. Bitcoin was speculative and rising, now it is speculative and falling. Alternatives to bitcoin are more interesting, and even more speculative. That bubble is just starting.

16 posted on 06/15/2018 8:46:28 AM PDT by palmer (...if we do not have strong families and strong values, then we will be weak and we will not survive)
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To: LRoggy

So you dont deal in fiat currencies either?


24 posted on 06/15/2018 8:58:59 AM PDT by taxcontrol (Stupid should hurt)
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To: LRoggy

“I don’t deal in fantasy with no underlying value.”

Yet, you deal in the fiat dollar.


29 posted on 06/15/2018 9:01:09 AM PDT by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. ....)
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To: LRoggy
Some people don't remember 1999. BTC is the latter day equivalent of a "concept stock". (Broadcom anyone?)

BTC is based on the assumption that all national governments are essentially libertarian in nature and will not simply crush anything that threatens their ability to collect taxes if it becomes big enough to be more than a nuisance. Keep thinking those good thoughts everyone.

34 posted on 06/15/2018 9:18:01 AM PDT by InABunkerUnderSF (Time to BLOAT again.)
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