Thankful to not have $2M? (Negative interest rates)

ponponwei 2019-08-12 23:19:40 UTC #1

Beginning Nov. 1, private individuals holding cash balances above 2 million francs with UBS Switzerland AG will be charged the deposit fee.

MrDE 2019-08-12 23:25:37 UTC #2

That has become the norm in europe.

Too many people having too much money. Damn europe about to collapse under the sheer pressure of available cash.

UpFromZero 2019-08-13 06:47:41 UTC #3

Switzerland is becoming less and less attractive for keeping your money.

I guess whoever individual person that has more than 2M CHF currently parked in a Swiss bank will simply move them to Andorra or somewhere similar…

ponponwei 2019-08-13 20:31:32 UTC #4

This is why rich people have Panamanian shell companies.

UpFromZero 2019-08-13 21:58:52 UTC #6

It is about time we start having those problems too, PonPon

Lets’s make at least one couple millions trading.

Tron is looking much better, it might begin to actually start looking good soon. I will keep you updated.

ponponwei 2019-08-14 00:54:00 UTC #7

Oh man I hope you’re right!!! Justin, save us.

UpFromZero 2019-08-14 01:00:53 UTC #8

Soon means probably, at least a couple of months. Maybe we will have a nice Christmas present…Meanwhile, compound the rewards daily, you have to do it manually with Tron. That should also help a little bit

ponponwei 2019-08-14 19:17:39 UTC #9

I can wait a few months. Do you have other alts you’re still buying? Haven’t really gotten any new ones, just bitcoin.

UpFromZero 2019-08-14 19:22:03 UTC #10

Right now, it is not looking so good anymore. It was looking much better yesterday. We need to stay put and wait.

Right now I am not buying anything else as I have to recover from the TRON disaster and another atomic bomb I got into: ADA.

If I manage to recover from both, I think I will open positions only for the short term from now on (ideally a few hours, a few days max). I am done with major long purchases in crypto to hold for years. Not doing that anymore: Will just buy and sell, buy and sell small amounts from now on…

forexforexforex 2019-08-15 00:30:07 UTC #11

Don’t forget BAT and 0x. Lol.

UpFromZero 2019-08-15 06:41:31 UTC #12

And the list goes on…

MrDE 2019-08-16 07:17:47 UTC #13

Tron is a good and catchy name. Did they have issues in copyright with the owners to the tron movies? Any idea if there was a conflict?

ponponwei 2019-08-16 22:54:29 UTC #14

That’s a good question. I’ve never thought of that. I think Tron the movie is too popular, nobody (except crypto and trading people) even knows what TRX is

UpFromZero 2019-08-17 02:09:42 UTC #15

No idea if there are copyright infringements around it. Maybe the owner of the coin reached out to the owners of the movie/book copyrighted name and reached an agreement? But I have NO IDEA , I actually love the movie. The coin not so much, anymore…

ponponwei 2019-08-19 19:10:47 UTC #16

Noooo don’t give up yet

Greenish_Eric 2019-08-20 11:58:21 UTC #17

So let me get this right:
We shouldn’t trade with deregulated brokers, but whenever countries passes stricter laws on the consumers side is bad?
That’s… something.

UpFromZero 2019-08-21 22:30:13 UTC #18

I still have hopes for Justin Sun’s marketing and Jack Ma’s money

I think it will recover at some point. We just need to wait.

Not a big fan of waiting though…

UpFromZero 2019-08-21 22:32:36 UTC #19

Unfortunately we can not have a deregulated market and protection against crooks at the same time…That would actually be ideal, if possible…

ponponwei 2019-08-22 21:53:51 UTC #20

We’ve BEEN waiting.

UpFromZero 2019-08-22 22:12:17 UTC #21

The wait never ends with Tron…We are probably talking at least 6 months to 1 year here…