Idiotic regulations rules decisions advice and quotes spam box.

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Hey :)

To keep you busy during sideways times rather than trading sideways and losing 25% on a sudden break, I am making a new '"spam box" but it is not about crypto anymore I'm dumping anything I got in here. Crypto, being amazingly stupid (the bitcoin community is nothing less than a cult that is pretty remarkable...), is sure to be a frequent update here. But it will be general. Everything works the same and we can learn from them all. Or at least have a good laugh.

Posting about stupid things is trully educative, so I have no problem posting this as education.

(Nothing I post means we should not be careful, rather the opposite).

As people get dumber, regulations get more stupid to adapt to the dumbest of them all :)

Probably they'll make rules where crypto exchanges are not allowed to display the
chart from any period it went up several hundred percents (as it gets people excited) or if a certain day there is a large pump and they are obligated to display "Your capital is at risk" on the candles. Would not be surprised one bit if that happened.


Ok stupid rule 1:

"Florida (accidentally!) banned all computers and smart phones in cafes. Lawmakers had a suspicion internet cafes in Florida are a front for a digital slot machine for old people to pour their money into. So the state government passed a bill straight up banning all internet cafes (Poor? No internet at home but need it for school or to go to university? You are out of luck better beg friends and let them roast you), and because of the way the bill was worded, it banned any internet connected device in a cafe."
Cringy.

I wonder if brokers websites can all just get blocked because "trading puts your capital at risk"?

Another one:
"It is a federal crime to injure a Government owned lamp. The law specifically states lamps."
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Here is a stupid rule: people like me should avoid posting stupid rules about countries outside of EUR US AUS because it could be called "racist" and "mocking their culture".

How can I resist this:
"In Hong Kong, a wife is legally entitled to kill her husband with her bare hands – and only her bare hands – if she catches him cheating." (Only Hong Kong thought, kinda fits into the whole "occidental world" thing, probably does not count as racism but I can't tell - these SJW people are truly a work of art).

"In Switzerland, it is illegal to flush a toilet or for a man to urinate standing up after 10 PM."

"A law in Britain states that any Royal Navy ships that enter the Port of London must provide a barrel of rum to the Constable of the Tower of London."

"In the city of York, Britain, if a Scotsman is carrying a bow and arrow, you are allowed to murder him within the ancient city walls."
Hoooooowllly.... this could ... Any scottish people you don't like? Like really don't?
Note
In July 2017, an imbecile fell into a deep hole that someone had previously dug in the sand and died from asphyxiation after the sand caved in and suffocated her. Do not dig deep holes on the beach. Drowning in the sand is tragic, but not unheard of–in the last 10 years, at least 31 people have died from similarly concave holes dug on the beach. Here are some of Ocean City’s hole-digging rules to take note of:

* You can dig holes on the beach, but they can only take up a small area. They can be no deeper than the knees of the smallest person in your group.
* Tunneling is not allowed.
* Do not leave your hole unattended, and fill it back in before leaving the beach.


To cut down on cramps, Ocean City prohibited all beach goers from eating and swimming.


On the subject of food, NYC - in one of their pathetic attemps on trying to control how people live their lives - made a brilliant rule outlawing "big gulps", yep you read that right. The New York Court of Appeals ruled against the mayor's ban.
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Jealous plebs attacking expensive cars
youtube.com/watch?v=hPAdNBYj9bI

I just love it when they get mad like they are about to rip their hair out, especially when they're yelling, and the best of the best is when they struggle to make correct sentences. Pure plebism. Pure hate. Pure jealousy.
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HAHAHAHAHAHAHAHAHAHAHAHAHA

cnbc.com/2018/07/26/the-biggest-crypto-firm-on-wall-street-just-took-a-134-million-loss-o.html

This guy got paid tens of millions to manage people's money?
He traded based entirely on insider info right? And manipulated the market?

People gice him their money and he gets paid?

Jesus people send me your money I won't suck like that.
The trend support resistance levels have been so easy to predict...

This has to be a front.
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Takes gigantic loss due to being bad.

"I am very proud of the progress that we have made since the beginning of the year,"
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Before 1961, suicide was illegal in Britain...

Found this gem:
"Lancashire man Harry Howard, 27, tried to take his own life because he didn't want to spend the night in a "cold" police cell."

Baaah I have to walk all the way to the store to get diner, I don't feel like doing it, let me just blow my brains out.
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This is a really funny one:

Step 1) Work many months on a model to grow wealth exponentially.
Step 2) Model is tested and validated, bullet proof, guarenteed.
Step 3) Every thing is sideways.
Step 4) Go back wagecuck sleep 4 hours wake up early be a good boy.
Step 5) Place handgun under neck.
Step 6) ???
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"Governments lived in fear that Soros would take an interest in their currencies. When he did, other speculators joined the fray in what's been described as a pack of wolves descending on a herd of elk. The massive amounts of money the speculators could borrow and leverage made it impossible for the governments to withstand the assault."

The predator.

"Soros is investing in crypto we are going to mooon".

He invested in short positions you monkeys XD
Note
Brokers have started to display how many clients lose money :D

IG: "79% of retail investor accounts lose money when trading spread bets and CFDs with this provider. "

XM: "74.55% of retail investor accounts lose money when trading CFDs with this provider."

Avatrade: "CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."

Saxobank: "71% of retail investor accounts lose money when trading CFDs/FX with Saxo."

Etoro: "65% of retail investor accounts lose money when trading CFDs with this provider. "
(This is less, is this because of nobs copying trades? This actually works? Maybe I should sell my 100% winrate strat when stuff starts trending again. At a high price.)

FXPRO: "79% of retail investor accounts lose money when trading CFDs with this provider."
That's alot of 79% ... Did they actually check or just copy paste what the regulators did?

Oanda: "77% of retail investor accounts lose money when trading CFDs with this provider."

Plus500: "The Plus500 Trading Platform is not intended for distribution in your country- you will not be able to continue to the Plus500 site"

HotForex: "Risk Warning: 71.05% of retail investor accounts lose money when trading CFDs with HF Markets (Europe) Ltd."

FXTM: "89% of retail investor accounts lose money when trading CFDs with this provider." (Not fishy at all)

Admiral markets UK: "85 % of retail investor accounts lose money when trading CFDs with this provider."

FXCM: "79.79% of retail clients accounts lose money when trading Forex/CFDs with FXCM LTD."

Going to assume it is 3 out of 4.
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3/4 losing is not that bad tbh. Far from "90% lose", and very far from "90% lose 90% of their money in 90 days".

Government should make betting brokers display their results "100% of our gamblers that took more than 10 bets lost their money".
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Tesla back at ath.
snapshot

Bagholder trader got lucky once so he decided he knows everything & is ultimately going to blow up so hard :D

"OMER I stayed long from cost av of $14->$27->$8.20, granted I cashed out calls & $10-$18 hedging puts along the way, but I stood my ground! They & @BagholderQuotes laughed at me till their faces were blue. & yet I held. I hold my TSLA short! I was right then, & I'm right now!"

He must be at a huge loss on Tesla lol.

twitter.com/subach/status/1027008596737974272
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