I responded to one of their sales emails saying that I liked their service because it was free, and I wasn't interested in paying for their advice. Haven't heard from them since, but have been using the free service for years.
>If you mark to market the bonds these banks are carrying you can see they are insolvent.
Do you have any sources/data for this? I saw something for BofA that indicated a $110b mark to market unrealized loss, but they have roughly $200b in equity so that wouldn't make them insolvent. I don't know if that $110b included everything or just a subset of their hold-to-maturity assets and would love to see more complete data for all big the banks if you have a nicely consolidated source for it?
The "Invisible Deck" is a very famous trick. It can be purchased[1] for about $10 and just about anyone can master it in about 10 minutes. With the standard method, you don't need to memorize the deck or flip the card.
In more recent articles about it it seems to be a variation of alpha-PVP (flakka), something called alpha-PHP that is outside of any schedule for drugs. Basically a designer cathinone that is (or was) still legal.
He wasn't totally certain exactly what he'd made, afaik; his neighbor troubles coincided with efforts to get a real chemist to assist him in identifying what he was producing and stabilizing his method.
I smoked alpha pvp in a transit home in Saint Petersburg with some Georgian immigrants thinking it was meth, It made me really really high, and I spent the whole next day crying. I suspect this is a pretty popular drug in Russia.
Unfortunately, yes. I lost friend to it ("alpha"). He is technically alive, but with completely ruined physics.
I've thought, that only opiates could be so destructive, oh, man, I was wrong :-(
If you're interested in this concept, you may enjoy the novel "The Unincorporated Man" which is set in a future where everyone (except the protagonist) has personal shares traded on an open market.
It's a bit thick on ideological propaganda of the extreme capitalist/libertarian type, but I found the exploration of the concept fascinating enough to get through most of it.
Materials absorb some quantity of IR radiation. This will heat them up. What you're talking about is essentially a variation of recycling heat. It's imperfect so there'll be some IR signature.
I think the bull case may be more about their future sources of revenue. If crypto succeeds, exchanging it with fiat may end up being only a relatively small amount of the economic activity. Traditional brokers are not likely to be able to compete with Coinbase in those future markets.
Of course it's really hard to predict what those future markets might be or how much value Coinbase will be able to extract from them, so I have no idea if $68 billion is a reasonable valuation.
This sounds like a case of blaming the user for poor UX design. If the users that the system is designed for are constantly making the same "basic mistakes", then the system isn't designed well for them.
It took me 4 tries to beat it, and I have a rating of 1300 on lichess.org and 1100 on chess.com.
In an effort to guestimate its strength a little more accurately, I had it play the first 4 levels of bots on lichess.org. It comfortably beat the level 3 (1400) bot and got crushed by the level 4 (1700) bot. Combined with beating me 3-1, I would estimate its lichess equivalent Elo rating to be somewhere in the 1400-1500 range.
Oh I didn't realize they depended on the device they were running on, that's too bad :(
I can reliably beat the 1100 bot and lose to the 1400 bot so they at least seem to be in the ballpark of matching my rating on the site for my hardware though.
No idea what my rating might be. I haven't played in years. I creamed it on the first try. It seems pretty aggressive, but doesn't seem to "think" things through. Pinned his king and forced him to block with his queen after a dozen or so moves, which only delayed the mate by one move. He should have resigned.
