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About darkmarket

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  1. The Bubbly Bitcoin Thread -- Merged Threads

    Maybe you're both right here. Interest is general among all types of investor but actual investment so far has mainly come private funds that are subject to less regulatory scrutiny. Hence the belief that larger, and more retail-focussed, funds are likely to follow when they have an investment vehicle that satisfies their regulators. You can see an example of movement in this direction in the forthcoming Bitwise HOLD 10 fund, "currently limited to U.S. accredited investors, with a $25,000 minimum investment."
  2. The Bank Of England Clueless Thread

    I actually found this a good example of the misrepresentation that becomes inevitable after all these false narratives. Since nobody wants to admit high house prices are a function of low interest rates and QE has been an expensive failure, both the Mail and the Guardian are left with asking if reductions in stimulus are an attack on the poor. Carney himself touched on the issue when he said those on 18% APR would be proportionally less affected, but that's no use if your advertisers sell 18% APR credit cards. Also his refrain of taking the foot off the accelerator seemed to me more apt for a command and control economy than a capitalist market economy, maybe that's just the central banker in 2017.
  3. Cheer me up

    "Marry, and you will regret it; don’t marry, you will also regret it; marry or don’t marry, you will regret it either way. Laugh at the world’s foolishness, you will regret it; weep over it, you will regret that too; laugh at the world’s foolishness or weep over it, you will regret both. Believe a woman, you will regret it; believe her not, you will also regret it… Hang yourself, you will regret it; do not hang yourself, and you will regret that too; hang yourself or don’t hang yourself, you’ll regret it either way; whether you hang yourself or do not hang yourself, you will regret both." It seems like a Kierkegaard day on HPC.
  4. Buy or ( wait ) Rent ?

    Prices have been falling in London for a long time now with no coverage in the NI media.
  5. Northern Ireland Economy

    I presume the market is doing great, I've never seen so many attempts to paint a rosy picture in the face of obvious drops. Barclays prosperity index indeed.
  6. Canada bubble is popped

    At least the united front of low-rate central bankers is beginning to crack.
  7. Canada bubble is popped

    They did have a high growth rate for August and I think that made it difficult to maintain the facade, though I've no doubt Carney would have found a way.
  8. Canada bubble is popped

    Because the asset bubble presents such a systemic risk they can't afford to keep inflating it - sound familiar?
  9. Canada Raises Interest rates

    Worth noting that the decision went against the majority of expectations too. Nothing to worry about until it's too late.
  10. Canada bubble is popped

    The Bank of Canada, now free of the influence of Mark Carney, just raised the benchmark rate by 0.25% to 1%. This was not because everything is fine and the economy is booming. It's because they didn't have a choice.

    Then he said that few was actually fifteen. And then he mentioned that nobody's sold anything, so no CGT incurred. Who goes to HPC for CGT advice anyway? There's no need to take a balanced view of this kind of stupidity.
  12. It's more and more difficult to see the difference between the Soviet economy and the UK, except the latter insists on handing any gains over to private sector interests, no matter where they're from. Any legitimacy these institutions once claimed has long been destroyed by incompetence and greed. Another excellent thread, albeit quite depressing.
  13. Likewise I mostly read your comments without reply, but I've learned a lot from the integrity of your positions. It shows no respect for the individuals that make up this market to suggest they have no sense of agency. There's no coercion here, only decisions taken by adults. Some work out well, others less so, but there could be no asset bubble without individuals choosing to hold it up.
  14. If @Venger has nothing to say to you, you're probably either boring or wrong.
  15. Interesting question. I'd say there's an obvious divide between homeowners and renters, that it's difficult to overcome subjectivity with regard to something that affects lives in such an intimate way, but that I was attracted to this forum because of the quality and substance of the arguments put forward. I don't often find analysis of the same depth and with the same nuance of perspective in national media, and find it difficult to believe that's down to some oversight or a lack of resources. Don't feel like I've exhausted your question at all though. This sentence is perfect. As for equity markets, I'm not too bothered about calling the top but equally I'm not long on any index or even company at the moment. Apart from the sheer manipulation, I think this bull market is running is on fumes now. +1