/biz/ - Business & Finance

>>50102604
>profitable to trade
only in the short term. in the long run, traders always give their gains back to the market.

trading is participation and productive for society

>>50102604
Because modern society is founded upon greed, exploitation, violence and conflict.

Finance and economics are pseudoscientific make believe garbage, capitalism is inherently unstable, exploitative and unsustainable with a built in expiration date. All finance assets like money,crypto,debt,bonds etc are purely parasitic in nature and serve no purpose nor have any inherent value and private property is theft. Ever escalating recessions, poverty, disease, pollution, slavery and wars are fundamental and necessary functions of it and every single financier or crypto dudebro is a literal parasite.

There is 0 incentive in this society to be even remotely a decent person. On the contrary it is highly incentivized to be as brutal and disgusting as possible. "Survival of the fittest" after all right? Law of the jungle? An eye of an eye? Why not XD

>>50102604
Because being produtive to society is actually very safe and somewhat easy thing to do so everyone can do it, trading for profit in a consistent manner is actually really hard and not feasible for most people

>>50102653
There's always gotta be a commie where they don't belong.

>>50102630
You are a parasite and you will perish along side your parasitic stock market disgusting putrid pathetic crypto 4chan financier parasite

Because you're not actually being a productive member of society

>>50102733
Missed you, patasite poster

>>50102733

traders provide liquidity and facilitate healthy market activity. It is no different from wiring up a house or cooking in a kitchen in the sense that it is labor that provides value to others

>>50102604
because America is a financialized mess.
Your question is valid and this is the reason the USA is getting poorer.

>>50102725
Are you mad i am shitting on one of your few safe spaces you have left parasite? It wont be long before 4chan dies and your own mother kicks you out of the basement. Then no more safe spaces for you

>>50102630
> liquidity
> price discovery
> inefficiencies
kill yourself

>>50102765
How are you this braindead. How can you correctly identify that value only comes from labor and at the same breath say that financiers, middlemen, speculators, and other LITERAL parasites are providing value? They LITERALLY DONT LABOR YOU FUCKING BRAINDEAD PARASITE. THEY MAKE MONEY PASSIVELY. USING MONEY. MONEY CANT MAKE MONEY. FUCKING SCUM DIE ALREADY

>>50102604
trading/investing is profitable as long as there are more members of society joining/becoming more productive. when people start to leave society, or a nuke/EMP/disease hurts everyones productivity, it becomes unprofitable. like a pyramid scheme (but its totally not)

>>50102850
it's like The City in the UK.
All the press say they are the most "productive" part of the UK economy.
Well I bet if I kept them all in the square mile by building a big wall they would all starve to death in a few weeks.
The produce nothing.
The correct term is "rentier" for this activity.

>>50102870
I dont get it. If you correctly identify capitalism is a pyramid scheme relying on exploitation why are you like...here? Or participating in stock market and blockchain?

>>50102850

providing capital, market liquidity, and hedging instruments is hard work. not only does it take a great deal of time and effort to set up, it is enormously risky. some of the larger institutions are responsible for millions of peoples livelihood

NOTICE ME PARASITE POSTER

>>50102916
you can play the game and then in your later years use all your resources to crash this plane with no survivors, or complain about how the game works on a board browsed by ~10000 minimum wage workers

>>50103044
>(((survivors)))
fixed

>>50102938
Holy fuck you "people" are straight up gone huh. Yeah they are responsible for millions of households. They are responsible for keeping them impoverished, enslaved, obedient, compliant, submissive, poor and insecure and eventually dead. Not too fast tho right? We gotta LEECH EVERY SINGLE FUCKING DROP OF SWEAT AND BLOOD DONT WE?

It doesnt matter. Im 99% sure you are lying intentionally but even if you are honest and actually believe your delusions it still doesnt matter because your rotten world has an expiration date

>>50103136

Here, I found a relevant story regarding effort and it's relation to value
,
A giant ship’s engine failed. The ship’s owners tried one ‘professional’ after another but none of them could figure out how to fix the broken engine.

Then they brought in a man who had been fixing ships since he was young.
He carried a large bag of tools with him and when he arrived immediately went to work. He inspected the engine very carefully, top to bottom.

Two of the ship’s owners were there watching this man, hoping he would know what to do. After looking things over, the old man reached into his bag and pulled out a small hammer. He gently tapped something. Instantly, the engine lurched into life. He carefully put his hammer away and the engine was fixed!!!

A week later, the owners received an invoice from the old man for $10,000.

What?! the owners exclaimed. “He hardly did anything..!!!”.

So they wrote to the man; “Please send us an itemised invoice.”

The man sent an invoice that read:

Tapping with a hammer………………….. $2.00

Knowing where to tap…………………….. $9,998.00

Effort is important but experience and knowing where to direct that effort makes all the difference.

>>50102993
I am not a parasite watch your fucking tongue

>>50103155
both of you are tards, the division is between rentier and non rentier activity, as outlined by Adam "fucking" Smith.

>>50103044
I honestly dont get how financiers also larp as nazis. Like even if we assume there is this super secret alien jewish cabal...what exactly did they DO? Play your fucking game? You literally MADE capitalism. NOT JEWS. It was just typical white devils who introduced private property and marriage. Now you are mad at the for what? Playing your game? Braindead nazi parasite. Greed, competition, selfishness, conflict and war are the name of the game. What exactly do you hate them for? Fucking schizo parasite die already

>>50103214
>8 posts by this ID
You will die poor and screaming

>>50103155
You still dont get it huh? NO VALUE CAN BE EXTRACTED FROM FINANCE ASSETS. THEY ARE PURELY PARASITIC. YOUR 50 YEARS OF "KNOWLEDGE" OF MONEY IS COMPLETELY USELESS IN EVERY SINGLE SCENARIO. WE ARE NOT IN A SHIP AND EVEN IF WE WERE A FINANCIERS ONLY CONTRIBUTION WOULD BE TO MOST EFFICIENTLY BRING WATER ON BOARD UNTIL THE SHIP IS SUNK.

You are a parasite and i dont know if you are an actual boomer or just schizophrenic

>>50102653
tl;dr

>>50103183

there is nothing wrong with renting. if my neighbor needs my tractor and offers me a bushel of corn to borrow it for a while, who is being exploited? we are both willing participants. if someone offers you an unfair deal you are not obligated to take it, there is many fish in the sea

Most people can't trade. They fomo in when they hear about it from other normies. Then they say "this sucks, get me out" when it drops.

>>50103323
> rentier
>> nothing wrong with renting
Look it up tard

>>50103355

>a person living on income from property or investments

someone renting their property to someone else would fall into this category. Rentier is quite literally a linguistic derivative of rent

Because the extreme majority of jobs are not productive in any way. Another analog would be dog coins versus your favorite alt coin. Dog coins and traders KNOW they produce nothing. The rest is just lying with still no production.

>>50103311

there is no value in providing a loan to a new business? no value in keeping the order books full? no value in providing insurance? I find that hard to believe

>>50103446
THERE you fucking go. You are slowly starting to get it. It is all about DEBT. YES. DEBT IS EVIL. Usury is evil. DEBTS serve no PURPOSE. No creature can hold another hostage or a slave. NONE. ONLY GOD. Capitalism runs on debt. You have made a science out of slavery. It runs so fucking deep that there exist people like you who i feel HONESTLY believe they are doing something moral or productive. Like when a slave master whips a slave he feels a sense of accomplishment as he teaches the degenerate lazy slave manners. He providing "value" no?

>>50103600
seek help

>>50103600

yes technically slave masters provide value, not sure why you are fishing for this "gotcha", it's largely irrelevant. slaves by definition are those forced into obedience, no one is forced to take on debt

>>50102938
Based chad
>>50103214
Cringe faggot

>>50102604
The market values your contributions roughly correctly. Your propaganda addled mind does not.
Almost all jobs in clown world are subsidized bullshit that accomplish nothing, almost anything adds more value.

>>50102733
what did you get liquidated by?

>>50103729
Know that no matter how many guns you buy or how many fences you hide behind we will find you and we will euthanise you. Unlike the whipping of an innocent slave yours will be quick and clean. No need for torture. No need for the slavery you so love. Just quick clean and you get the relief you so desperate desire and need

>>50103895

the 7 wonders of the world were all built by slaves, slaves that without a master would have never accomplished such a feat

I do not require a single gun or fence. My words and ideas are the only defense I need, and if I were to die, so be it, I will die a martyr

>>50103600
>DEBTS serve no PURPOSE
What's your criticism of the schoolbook example?
A poor farmer produces 1 food unit per year on his land with his hands.
With the right equipment he can produce 100 food units.
The equipment costs the equivalent of 100 food units to make.

If the farmer works for 100 years and never consumes anything he can barely afford the equipment.
If I loan him 100 food units he starts producing 100 units a year so he can easily pay me back quickly with a fee for my trouble.
If lenders don't ask for a fee fewer farmers will have access to lending because money will be put into something productive instead.

>>50102604
Financialization of the economy and the higher ROI of capital versus labor. We've set up structures that privilege "borrowing" (creating out of thin air) money to "invest" in enterprise. Capital will always accrue to itself faster than labor does (Piketty), so by making money cheap to obtain in the first place, it's easier and easier to create a big ball of money with insane economic gravity. Contrary to popular belief, the real value of the economy is only growing slowly, if at all. So, every time currency changes hands, and the more and more of those Big Balls of money are around, the more that currency has the chance of being caught in a Big Money gravity well, rather than going to labor (which will usually simply consume the value in some way). This, of course, makes the balls bigger. The only way out is to trust-bust (stomp on some balls) and possibly redistribute, and the only ways to can-kick are to extend credit to labor (own can of worms), or I lost my train of thought I can't remember what the second reason is.

This is also why swingers get the rope and HODLers and acoomulators (diversified, in not-scames) win in the end.

>>50103966
this is the gayest thing I've read on this entire site.

You can really just reach your hand in to catch fish from this shit filled side of the pond nowadays. Completely disregard the prerequisites of casting and baiting.

>>50103966
>the 7 wonders of the world were all built by slaves
The only standing one was built by a high status specialized builder class that had their own builder towns. They considered the king a living god but they weren't slaves.
>>50104113
>We've set up structures that privilege "borrowing"
The most important ones reflect reality like the fact that suddenly we could do things like 100x the output of a piece of land with an upfront investment in machinery. The problem is those fundamental opportunities dry up or move but the economic systems built around them don't adapt quick enough.
Oil is the obvious huge resource that's drying up. When there was lots of oil all you had to do to make money was pump oil. Any money that went into pumping oil outputted multiples of what you put in and grew all economies involved. In the schoolbook farmer example it fuels all the machines and all the machines were made using it.

>>50103600
You are free to not get into debt, bitch. Resources are limited and if you want shit you'll have to pay whatever the fuck the market says bc the isn't shit for everyone.
If you want to be a hero, get a fucking degree or something and try to make resources more productive and cheaper. Stupid communist fuck.

>>50104298
>The most important ones reflect reality like the fact that suddenly we could do things like 100x the output of a piece of land with an upfront investment in machinery.
Efficient technology pays for itself, there's no need to borrow from the future at the rate we do. It's begging for a large share of that borrowing going to ventures that will never make back what was originally put into it.

The whole issue is with trying to access potential capacity at too fast of a rate. Increasing energy availability makes the problem worse.

>>50102604
It’s not if you don’t have alpha or a large amount of starting funds and an edge

>>50104692
>The whole issue is with trying to access potential capacity at too fast of a rate
Because of the system being set up and adapted to always having way more opportunities than it can exploit. New tech was supposed to keep the growth going as you get more output from upgrading.
The issue with relying on tech in a nutshell is you got 100x from the tractor but you only get +10% from the way more expensive and resource intensive cybertractor.
One of the huge opportunities we actually have now is to use some kind of productive tariffs globally to grow sustainable local economies that replace the central chinese factory cities and global supply nonsense. That's not a question of new tech or economic systems but philosophy, reconsidering our premises.

>>50104956
>you only get +10% from the way more expensive and resource intensive cybertractor.
So why would you upgrade? To stay competitive with the global market. If you don't you go out of business so you're forced into debt for a tiny increase in output.
What's happening doesn't look like the schoolbook example anymore. The land is starting to own the farmer. He is forced to squeeze every percentage he can out of his land and most of it benefits his lenders instead of him.
Now imagine if he lives on an island with only 1000 people but global markets have still forced him to maximize the exploitation of his land so he produces enough food to feed 10.000 people. What's really the point? Why not relax a bit, use an old tractor, some more local labor and only feed 5000 people? That's still 5x what your island needs.
If he produces less with his land the local market will buy cheaper chinese food instead, putting him out of business, making his island dependent on china and the local land unused.
With tariffs he doesn't have to compete with chinese slave labor. The island economy can get back to being an interdependent working system like in the schoolbooks with a baker, florist and pottery maker. Despite making less extra output for export the output from the farm benefits the people involved instead of foreign parasites.

>>50102604
Because working is a scam. Also trading is a zero sum game outside of bull markets so most lose. All it is is shuffling money from most to a few.

>>50104956
Every tax has inderect consequences. You tax energy, that reduces electrodomestic industry production, raises prices, and now the poor person has to give up things that were affordable before tax to buy electrodomestics. The problem is that those things given up could be progress tools like education or new equipements. And now you damaged humanity even more by slowing down the poor's progress. One of these poor people could have been the one that had just enough money to go to college and finally discovered a cheaper and environmentally healthier way to produce energy.
If Africa, South America, Asia became developed we would have an easier time solving climate change because we wouldn't be throwing away the human talent of the world

>>50102733
This but unironically

>>50105409
>Every tax has inderect consequences.
So does outsourcing all your production.
The tariffed farm is less efficient in absolute terms but it employs more people, those poor people you mention that could possibly lead to something more.
The farm competing on the global market is more efficient in absolute terms, produces more but is completely dependent on foreign funding. The tiny extra margins from increased efficiency mostly go into the pockets of foreign globalist entities with no incentive to help any people. Their incentives lead to preferably all people being replaced or at least their jobs outsourced to slaves with no rights and hidden from the consumers.
You're the one damaging humanity in the name of greed which you've relabeled efficiency. You tirelessly defend the globalist demons that are eating your soul and frame any perceived threat to your overlords as "damaging humanity". You are all brainwashed subhuman scum.

>>50102604
Because inflation is outpacing wage gains and (((the feds))) are making it clear the system only continues to work if working americans get poorer. It sounds like an exaggeration but JPOW literally said this in the last meeting so there it is.

>>50105669
raising rates is all about inducing a recession to cut worker bargaining power to cut wage rises.
100% this. Capitalists cannot work under these conditions.

>>50103136
Have you tried NOT giving them your money. It works pretty well; though I doubt you have any to begin with, since you are a communist.

>>50102653
accurate comment, money has a side effect of greed, which produces human misery. Also can hire young indoctrinated men as soldiers to fight in these bs wars, without the need for money you couldnt keep a group together to push an agenda that wasnt theirs. We need a new way of life, and most likely the majority of this corrupt shit way of life has to go. The people have to wake up and stop waiting for answers from gay crook abusers at the top.

>>50104396
>If you want to be a hero, get a fucking degree or something and try to make resources more productive and cheaper.
I could make more resources available by simply killing all the "Financers"...

>>50102938
what he's trying to say is your a brainwashed domesticated fool for thinking any of that financial jargon is a necessity or a benefit to human life. The world has been in misery since the inception of this thing called money. Its just an idea, a kinda shit one. God didnt create money. Humans survived for hundreds of thousands or millions of years without it.

>>50106346
they've created a egocentric and greedy world so they would be safer and touted as champions in a psycopathic system. If you knocked them off they would immediately be filled by the next aspiring tyrant, I believe the answer lies somewhere in a shift in consciousness amongst the majority of people. It ultimately up to the people to decide their fate at least until they are brain chipped from birth.

before anyone says we need competition to drive innovation, i think thats a cop out and a load of horse liquid shit to keep people at each others throats, while the top merchants and financial class exploit us to death/transhumanism.
Everyone competing with each other to buy the latest planned-obsolescence Chinese POS gadget or latest car, is prolly the biggest reason we cant identify the true leech class and create a more fair loving healthy world.

because once you learn how to use the hbar foundation's alpha leaks to your advantage, then you'll be making your early salary on one investment

>>50106348
>>50106396
>>50106495
You're a puppet.

Its obvious when your world view consists of powerful groups enacting power onto the poor populace when the populace is collectively asking for what they are getting (free/cheap debt paid for by their decedents). All the suffering you are complaining about is due to people asking for free/cheap debt while simultaneously wanting to have kids AND wanting to use ever increasing amounts of limited resources.

>>50102626
this is why I have a lot of faith in memecoins, it's a fucking fast way to make money or become poor, now I'm with qom and I'm about to kill myself, but I prefer this to be a pussy who literally waits for money to rain down from the sky

>>50102653
kek, you would have been executed by the KGB in the Soviet Union too chud.

>>50102604
Turns out capital allocation is and ALWAYS HAS BEEN more important to the economy than some retard hoeing a field. Anti-usury laws don't work.

That said it's more profitable but also easier to fuck up and lose all your money, so YMMV literally.

>>50102916

>>50102782
No, I'm laughing that you subject yourself to what you hate. You're retarded, and a masochist at that.

>>50102604
This hasn't been the case for a while now.

>>50110569
Also, may be it's worse in the last 10 years due to the crazy speculative mania in financial markets. Hopefully it will calm down soon and we can value things with actual purpose like anti-cancer/anti-rare disease pharmaceuticals, robotic manufacturing, commodities, medtech, and energy.

>>50102626
Not traders who have insider information like, say, all the world's elites. The stock market is the way the secret oligarchy stays in power.

>>50103214
shalom

Objection! Speculation is highly productive as it values values! OP is a bitch and sucks cocksuckers for a living.

>>50102604
Trading is useful to society. The more you trade the more liquidity you provide to the markets. Imagine if barely anyone traded, it would be a shitshow trying to buy or sell something.

>>50102604
a trader is a productive member of society... his services are sought after, or he wouldn't have an income. i don't get this thread at all

>>50102626
Most traders*
>>50102733
Not being productive doesn't mean leeching. That said, get back to making my food order wagie.
>>50102870
Wrong, because good traders make money on both directions. If society crashes, a good trader will profit from it.

I stopped reading the thread around here. Most of you are retards. I don't care about providing value to society or slaving away for other people, I care about profiting off of market movements so that I can take care of myself and my future family.
https://pastebin.com/BD8Zdfqy
Come frens, learn about trading.
You'll learn more in a day here then a lifetime of shitting it up on /biz

>>50110588
Anti-cancer or something like that is ultra risk investment. Not only it requires immense amount of money, the risk-profit ratio isn't really the point. I invest 10$ in dog coins, I get 1m+, I invest 1m+ in high caps, with enough liquidity I wait for 10m+
I know the cyclic nature of business cycles and inflation of money, but what your cancer treatment does? Sure the returns are very nice, but there were shitton of that shit research returning nothing. There were a lot of shitcoins and dogcoins with mega returns.

Market incentives me to invest in shitcoins than cancer treatment - I do it.

>>50111223
>The more you trade the more liquidity you provide to the markets
I don't even get the point of the thread. OP is obviously a shit head

>>50102604
trading profitably means coming out on top of millions of jews and computer algorithms, all of which operate with significant insider knowledge advantages.

"being a productive member of society" is just resigning to being a wagenigger and showing up to your jew boss's worksite 5 days a week, 52 weeks a year, for 50 consecutive years, less your 10 allotted vacation days per year (accrued at 0.83 days per month, of course.)

>>50113947
Seems like you're a trader. You sound so pained.

trading provides liquidity, but traders don't make money. somehow they're duped by the promise of profit into irrational behaviour.

t. actually reads the empirical evidence

>>50114497
Is there anyone who isn't a trader out there? At least we all spot trade. I don't get why someone will hate on trading when it has got lots of perks.

>>50114509
Traders make lots of profits because they can earn regardless of market directions. Plus many platforms give them incentives from time to time cos of their importance.

>>50114689
this is empirically false, vast majority of traders lose money.

do you have any evidence that traders as a group make money? if it's not a positive-sum game it's not worth playing lol

>>50102916
Accelerationism or something

>>50102653
Holy mother of midwittery. You will never be intelligent.

>>50114701
>this is empirically false
Have you ever wondered why trading would always be a thing if really a vast majority of them make more losses than profits? If it didn't work for you, it's definitely working for a lot of persons out there. Have you even come across some incentives that they get? I hear KOLnet is giving out up to 4kUSD for trading their token over this weekend. Just for trading!!

>>50102604
Firstly it's not always that way. And secondly because you're a fool to think being "a productive member of society" is rewarding, worth your effort, or profitable. It can be none of those things. You need to accept that you've been brainwashed and programmed to think this type of shit and think for yourself. I get a laugh every time some fag tries to tell me I need to be a productive member of society or serve others. Fucking blow your brains out I don't owe anyone anything.

My current work includes exploiting alxholoics and nicotine addicts. Is that serving society? I don't care anyways is the truth. Pays well though.

>>50102653
Everything has a built in expiration date. You commies have been saying capitalism "is about to fail" since it's inception.

>>50102604
Someone has to profit

>>50114907
>Have you ever wondered why trading would always be a thing if really a vast majority of them make more losses than profits?

same as with porn you have 1 sasha grey, kinda famous and with army of simps, but you also have 99 other stupid whores who got 1k dollars, heroin addiction and asshole totally ripped apart. I don't know any famous traders desu even hedge funds superstars hold their shit for at least few months.

I work on the trading floor of an investment bank (real trading, not what incels do in their basements) and we add value to society by providing liquidity to corporates and other financial institutions to hedge their FX risk, or hedge their production/consumption of commodities, or put their clients money into profitable investments to save for retirement. We add a ton of value to society

>>50114941
You're an unironic degenerate.

Anyways people need to work or otherwise society stops functioning. And i don't mean jobs like being a waitress, i mean jobs like electrician, a doctor, an architect ect. Rich people choose to work long hours all the time because work gives meaning and is good for your mental health.

>>50106495
Competition doesn't necessarily drive innovation by itself but it does fine tune products and ideas very efficiently. Innovation is driven by the freedom of the markets. There's a reason you don't see china actually innovating and all they can do is steal American tech

>>50114970
Well, I'll say you do what best works for you. It favors some desu. Others have gotten completely rekt from it so your sentiments are kinda valid.
But this souns like cool stuff fr
>I hear KOLnet is giving out up to 4kUSD for trading their token over this weekend. Just for trading!!

>>50102604
Because of white privilege, letting whites get away with no working while making the blacks do all the work is no longer kosher so to preserve white privilege they let you get by with trading which is only possible with an initial wealth investment you inherited through the legacy of white supremacy.

>>50115062
I think most of the time rich people (the ones who really work) get told and instructed to work their lives away to be rich or whatever and they get to a point where they have gotten to be the doctor or whatever and since that's all they know then that's what gives their life "meaning". A beaten workhorse. And not all doctors are good or worth shit.

>>50111223
Not how it works.
There are paid market makers for this. Markets don't just "happen".

>>50115139
Nah, most rich people work because it gives their lives meaning. Retirement spells pretty much degration of body and mind as you literally become worthless to your "tribe", whatever it's modern version is (i'm a doctor myself, seen it first hand). No one of healthy mind and body just wishes to spend something else than their old age just fishing or reading books without providing anything and using (and thus upkeeping) their body and mind. Also it doesn't feel like anything to just be retired while being good at something and doing it feels like "you're on a roll".

>>50115095
Is that price legit?

>>50115044
you need to be more clear here.
investment banks don't engage in propriatory trading.
the traders don't sit there like these tards and say "hey I think EUR is gonna go up let me take a massive position on that and wait 6 hours".
IBs aren't allowed to do that.
IBs market make. They keep their book flat and trade out once they take a principal position, either by selling to another client after they bought our by hedging out to a centralized market.
FX isn't even centralized order books, it's mostly over the counter pricing.
What happens in an IB is as different to what these tards do as to be something else entirely.
You would have made that distinction if you were a trader. You are perhaps a junior book runner who's biggest order of the day is 6 lattes for the desk or a roastie.

>>50115223
Sounds like cope to me but it's not my call at the end of the day. Not everyone can be a doctor or an engineer though. All I want to do is fuck off and read books and learn and have fun on my own terms. But yet I have to wage for now and everyday people give me stink like I owe them something because I work behind the counter.

>>50102604
because being a trader requires time and dedication to learn and even then you arent guaranteed to be profitable because it also requires a high IQ to find a statistical edge. It is very high risk in capital and time consumption for something that "might turn out profitable."

It is no different than being a professional poker player in that respect. How many normies do you think tried and failed to be a professional poker players during the poker craze of the last 2 decades? In trading just as in poker 99% of them will not be successful/profitable.

>>50102653
get a load of this leftypol pseud that has no clue wtf they are talking about. Let me guess the solution to end "exploitation" is to become a literal slave to an authoritarian central planning government right? Who could have ever thought he answer to ending capitalist exploitation is volunteer to be a serf slave of the state. Only a purple haired tranny humanities college drop out pseud of course! Moron

>>50115521
>It is no different than being a professional poker player
what a waste of time those people are.
such a red flag when people want to "become" one of those sweaty tards

>>50115476
Thank you for explaining, did you just read your first investopedia article? Traders at IBs aren’t supposed to do proprietary trading but we still basically do that a lot of the time, of course if you had spent a day on a trading floor you would know this

>>50102653
>get a load of this
>then I told the goyim to best way to avoid being "exploited" by greedy capitalists is to give away the private property rights their ancestors died to acquire to those same capitalists only now we just call them the "state"
>hahahah yah can you imagine how fucking stupid they are to buy that?

>>50115464
Yeah, I just checked out their official page. It was also announced on MEXC. Worth a try imho.

>>50115571
> not the same id
i'm sure they do slip them in short term, but you cannot do so like these tards. you can't hodl on the FX desk. Unless you are Nick Leason.
IBs primary function is market making for liquidity, that is night and day to some tard deciding to "hold BTC".

>>50115640
Different id because it’s Saturday and I’m outside. We regularly hold positions for days at a time, much longer than the 6 hours you suggested

>>50115660
your primary function is to market make and provide liquidity, so it's a poor comparison to what these guys call "trading", and I drew that distinction. IBs FX desks do provide value. Real FX transactions need to be made to facilitate trade. Yes you might slip in some prop stuff but it's not your raison d'etre and if you stopped doing that bit nobody would give much of a shit. If you stopped market making (en masse) international trade would stop.
Tards trading BTC don't, IMHO.

>>50102604
because being a productive member of society doesnt allow me to be full degen and go all in on MATIC

>>50102626
weird. never lost money in crypto over the last 10 years

>>50103214
>seethingHookNoseWojakIRL.png

>>50102653
salty kikes and normies mad at you for pulling back the curtain

>>50103214
how's the weather in Tel Aviv?

>>50102653
Youre kind of right but at the same time this "system" is not a system, every abstraction that is imposed on the decisions and actions of relatively independent human beings all around the globe are a true wonder. Mankind came up with commodities and trade and then others refined the commodities and traded that. Its acrually insane. Its equally true that there are forces that are trying their best to control this "orderly chaos" and the "system" itself lends itself well to centralising entities. Mankind has an expiration date, because we do not want to merely exist but thrive and perhaps we did do better in many ways before the advent of "modernity" (e.g the last 4000 years or so) but this is what was created and there is constant consent and dissent battling it out. Its more difficult than just 'capitalism'. Exploitation became a necessity for our existance,everything goes through a lifecycle, so will mankind, so will our current suprastructure.

>>50103600
>Capitalism runs on debt.
imagine being such a h00knosed kike you purportedly conflate free-market capitalism with fiat-central-banking driven economies

>>50119642
you seem like the college type who did a lot of term papers with a word count because you just wrote all that text without really saying anything