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Reason for Hindutva (Request the Mods to pin this if they wish to)
Big long post coming up. Okay. This is a reply to one person's comment about Hindutva in this sub, and I felt that anybody who is looking for the reason for Hindutva should read this, hence I'm posting this as a separate post here. Any changes to my post are welcomed and I apologize beforehand for the looong post and any mistake/error that may have crept in. Please suggest changes if any needed. There is a direct comparison between Indian conservatives and (usually) American/Western RW. Thus, Western definitions and interpretations of social & political issues (binaries like Left Wing vs Right Wing, secular vs communal, etc.) are mapped directly onto India with little to no understanding of either the dynamics of Indian society, or its history. Let's talk about one: Islamophobia. In countries like America, Islam is a micro-minority that is growing slowly, and because of the appearance of being harassed by Right Wing Americans for over two decades (and the general perception of Muslims, their unnecessary harassment at the hands of law enforcement & general public), there exists sympathy for their community from the "inclusive Left", just like there's sympathy for the Black community ( bec. of higher levels of poverty, ghettoisation, etc.). This exists for Brown skinned Hindus too. There's an appearance of their community being 'otherised' in society over the last 20 years, and because of diversity, inclusion, & identity politics, Muslim community has found a new supporter in the Left Wing (SJW, Democrats, etc.). Other than 9/11 and a few other isolated terror incidents, Islamic terrorism has not impacted America to the level White supremacist & police shootings/killings have, and the vast majority of deaths have not happened at the hands of Muslims. There are jihādi nutjobs in the Muslim community, and I'm sure the FBI is tracking every single one of them down to keep America safe. Then there's the case of RW White supremacists who are literally "phobic" about Muslims and Islam, thinking that all Muslims (in America) are terrorists by default, and want to halt immigration to Muslim countries, and want to send Muslims back to their home countries. The majoritarian Christian community has the (relatively) large American conservative population in a tight grip, so the question of Islamic proselytism, and the establishment of a Shari'a state simply doesn't exist as a major threat to America right now. Let's just say that there's currently no major threat from their community to America as a whole (I don't think the govt and intel agencies would allow that to happen). Islam is a slightly different flavour in America than in India. Let's walk (fly?) over to India. The Muslim community is the second largest majority. Their population in India is nearly 3/4th the population of America. ~200 million Muslims live in India. India is surrounded by 2-3 Muslim countries (Pak, Afg, Bang). The history of the relationship between Hindus and Muslims is NOT peaceful. Muslims ruled tyrannically over the Hindus for over 500 years, oppressed them, destroyed thousands (>30000) of holy sites & temples and then just as a Hindu empire was being re-established, the British swooped in to lord over India for ~150 years. India is probably the only major failure of Islam, since they were unable to convert majority Hindus to Islam. Countries like Syria, Jordan and Israel/Palestine, which were Christian & Jewish lands were fully occupied by Islamic forces. Powerful empires in ancient & medieval Iraq - Iran fell to Islamic forces, who gave the locals two options: convert or die. To save their lives, the entire stretch from Turkey and Israel/Palestine to Iran converted to Islam. Millions of non Muslim pagans have died at the hands of Muslims. Buddhist majority countries like Afghanistan fell to Islamic invaders and Central Asia was also taken over by them. Over the centuries there was a forceful adoption and integration of Islam in these societies and historic native pagan and non Muslim religious sites were systematically destroyed and mosques established atop them. Simply put, Central, West and South West Asia converted to Islam under the sword. Not due to choice. Islam is an extremely regressive faith that refuses to evolve. Coming back to India. In 1947, an entire country was ripped apart from the motherland India and was formed on religious lines (Pakistan and later, Bangladesh). Now, every nation from Turkey in the West to Afghanistan & Pakistan in the east was one large Muslim bloc. East of India, countries like Malaysia and Indonesia became Muslim, China was atheist and Myanmar and Sri Lanka were/are far too weak to stand up with India to counter these foreign invading Islamic (& Christian) forces. After Independence, the government tried to establish a secular state (again, trying to copy paste from the West), with no real understanding of the real India, or what it meant for the average Indian to be part of the Dharmic faiths (Hinduism and it's daughtesister religions). Separation of Church and State is a very Western concept, and shouldn't have been implemented in India. The British had divided Hindus to such an extent that there was no real identity for Hindus to mould or shape their community, and start fresh. On the other hand, Muslims did have a model to look up to: Saudi Arabia version of Sunni Islam, the medieval Indian Islam, and Iran's Shia Islam. Now, successive governments slowly began to appease Muslims for their vote, because the Muslim community was less fragmented than the Hindu community, and tended to vote as a bloc for certain political parties. The Hindu community on the other hand, was broken up into several small caste based fragments, and regional political parties rose to represent may of these individual communities. Hindus tended to vote as a caste instead of as a religion. Politicians being politicians, and with ample amounts of interference from foreign actors, Hindu community has never been united as a single bloc in the last 70 years. Add to this the shift of the Hindu populace towards the left (socialist, non religious) post-independence, and the majority Hindu community slowly lost touch with its faith, religion and Hindu social & religious issues. Coming back to the topic of Muslim invaders: as I stated earlier, Islamic invaders brought in their own tribalistic culture, and negatively influenced India's own historically superior society. For many Indian Muslims today, they see this Islamic rule as a kind of "Golden past" and the means to establish Islamic rule over India. However, for us Hindus, it is a matter of life and death and most importantly, self-preservation of the native culture and ideologies. Check out the Kashmir issue, and the cultural genocide and exodus of Kashmiri Pandit community from Kashmir at the hands of Islamists. There has been a slow but constant deracination in Kashmir, to establish it as a Muslim country following Shari'a law. 5000 villages and town names in Kashmir were changed to Islamic names from their historic Hindu/Buddhist names in the last 50 years. Hindu nationalism arose because of an anger of the Hindu population verily against this. "Hindutva is Hinduism that resists": Hindutva merely resists such attempts to erase Hindu and associated Dharmic faith history, it is a movement for Hindus to stand up for themselves and establish a Hindu state along Hindu Dharmic principles. It is a movement that resists the Muslim & Christian conversion activities in Indian states like Kerala, Kashmir, Assam and West Bengal (and their goal to establish a Islamic state very much like Kashmir, to drive out non Muslim 'kafirs'). This is a concerted campaign, bankrolled by foreign state actors like Saudi Arabia, Iran, Pakistan towards Islam, and Western countries like UK, France, and US for Christianity. Thus, Islamophobia cannot exist in India, because the term has no meaning here. Hindus are not irrationally scared of Muslims. The fear is justified in more ways than one. There is a brutal bloody history of Hindu oppression at the hands of Muslims (and even to this date it continues in Muslim countries), and there is a visual live evidence of what goes if India becomes a Muslim country. In countries like Pakistan and Afghanistan, religious minorities do not have any rights, and women are traded and sold like slaves. Hindu and Sikh women are kidnapped, forcefully converted to Islam and married off to men much older than them. In India, a similar practice is going on: i. Love Jihad - Muslim men take on Hindu names and prey on gullible girls from the Hindu faith and forcefully convert them to Islam after marriage. ii. Little girls as young as 7-8 years old are kidnapped and sold in Arab countries to rich sheikhs. Both of these have an overwhelming amount of evidence and reportage. Hindutva is a self respect political movement for the Hindus. The whole of the Middle East and North Africa (MENA) is Islamic, so many South American and European countries are state Christian, and some South East Asian countries are Buddhist too. There doesn't exist one single Hindu country for the self preservation and development of Hindus. Heck, a global minority religion like Judaism has a home state in Israel. And just to clarify, no, the establishment of a Hindu state does not mean Muslims or other minorities cannot live in India, or cannot practice their religion. A Hindu state would allow Muslims and Christians to practice their faiths without impinging and infringing on local faiths, without exploiting the natives, especially the poor and sub altern communities. A Hindu state would truly be a model for multi religious, multi cultural, diverse society because the nature of Hinduism itself is to accept and tolerate a multitude of diverse opinions and thoughts. Islam and Christianity have a history of killing alternative opinions and heterodox schools, while Hinduism accepts them, or at the least, tolerated their presence. If religions like Sikhism, Judaism, Zoroastrianism (Parsi), native tribal faiths, Buddhism, Jainism and even atheism can live in peace with Hindusz for over 1000 years of history, why cannot Muslims? Why can't Christians? End.
I'm going to give my first impressions of the new spoilers from Reign and Reverie but I don't think my opinion is particularly special and I'm more interested in sparking a conversation (and getting a chance to nerd out to a group of people who might care). I'm honestly just super excited and wanted to write about it. Gnat: I'm excited to try this out. Deck building for a 40 card runner is uniquely challenging and fun and his ability seems interesting to build around. Obvious synergy with Patchwork and Guinea Pig, but it also works well with Earthrise Hotel. Probably weaker than MaxX, but as a I hipster I'm okay with that. Divide and Conquer: Super interesting. Costs as much as Deep Data Mining for two accesses, but if the Turning Wheel synergy is confirmed to work it will become a staple Anarch card (and like DDM, might even be exported despite the 4 influence). One of the only cards I see slotting easily into Reg Val. Guinea Pig: good number, and great if you're playing it with Patchwork. 8 Credits for a click is absurdly good, more if you're using it to help trigger Gnat. I'm definitely going to try to make this a thing, but I also think it's probably max 2x since it does require you to play around it. Patchwork: It turns every card in your grip into a weaker Career FaiModded/one time use super PrePaid. I think this is going to be very strong so long as you can maintain the card draw to fuel it. Again, I don't see this just slotting into existing lists (although I could be wrong) and even if it does, it will be better in Gnat than anywhere else. It also removes the disadvantage of playing multiple copies of unique cards (as Faust did), so you probably always want 3x of this awesome console. Hijacked Router: It's hard to say exactly how good this is, but it seems very strong. Its like a mini-Vamp that you can combine with other run events: Dirty Laundry + Hijacked router is a working class Diversion of Funds. Particularly good at helping you land Mining Accident. I love aggressive running and cards that encourage it, so I'm excited about this. It also hoses Asset Spam, which I'm very happy about. Cradle: Interesting breaker, but one of the weaker cards in this box (I think). While it synergizes nicely with Patchwork, Gnat, and Guinea Pig in theory, I think the Conspiracy Breakers work much better with that suite. It also needs at least 1 Data SuckeIce Carver to break DNA Tracker (although it can in theory break it for very cheaply), which can make face checking risky, especially with few cards in hand. But it has great flavor and is way more balanced than Yog. District 99: Ooh, this is super cool. Fits great both into MaxX decks and into Patchwork decks, which presumably will be trashing Programs and Hardware at a fairly constant rate. I like that it only recurs in faction stuff, because that dramatically cuts down on the possible bullshit you pull with it in Anarch. On the other hand, this looks absolutely killer in Geist: just going to trash my Spy Cameras so that I can play another Diversion of Funds. I love this card. The numbers are such that it might be slightly below the curve, but I love the weird deck building possibilities it brings up (you can also do fun Aesop's/Exile stuff in Shaper). Liza: Wow, there is so much going on with this ID. The lack of "May" on her ability is great flavor although perhaps a bit too punishing. The lack of link makes Citadel Sanctuary a less attractive option than it would have been, although it's certainly still usable. Good luck stealing a QPM without Dorm Computer (a card which suddenly looks very playable)! Fundamentally, lack of card draw is one of Criminal's biggest weaknesses, so an ID which fixes that is inherently strong. Hot Pursuit: Yes! King "Boggs" Solomon decided to cut Account Syphon in half and this is the part we were missing. Awesome in Ken and at least worth considering in any Citadel Sanctuary deck. Grade A+ art (which is true of a ton of cards in this box). Also, low enough influence that Jesminder might get in on the action. Paragon: Balanced Desperado, but now with scrying? As others have pointed out, the costs of repeated runs are higher than they used to be, so this might actually be better than Desperado in the current meta. Scrying is great in a faction with inadequate card draw, and money is always amazing. And unlike when Desperado was king, Security Nexus exists as a serious competitor in Control Criminal lists. Bankroll: More evidence for my Boggs as secret King Solomon theory. This is extra awesome in Geist (yay bins)! I'm just so pumped that Criminal is finally getting support for run based economy again. Criminal is going to be a diverse faction after this pack, and that is super exciting. Tycoon: It says "Fracter," which makes Wraparound Turtle edible. It also breaks Seidr Adapative Barrier (nemesis of Nexus Criminal decks) for a reasonable amount. I think it's great even with the downside (although I don't plan on using it to break ice frequently), and I love the design. Thunder Art Gallery: Wow. Citadel Sanctuary decks love this, but it might be a bit too slow. Regardless, this makes Liza's tag much less of a disadvantage. Great synergy with Hot Pursuit. Again, just a fascinating card that encourages weird deck building shenanigans. Miss Bones: Relatively boring, but a good card for punishing Asset Spam. Ten conditional credits for a click is very solid, although the "only installed" cards part is a bummer. Akiko Nisei: First Shaper econ denial ID which completes the trifecta with Reina and 419. But also the first reason for the runner to play Government Investigations (if they want to push the access at the cost of the Corp paying less). Giving her less influence but a link is a very interesting decision. I think she's cool and I look forward to seeing her in action. Insight: Wow this card is weird. Lots of info at the cost of two clicks and letting the Corp rearrange part of R&D. With Mind's Eye you can basically be guaranteed they won't put an Agenda on top, so you probably want Maker's Eye or DDM as a followup. But they why not just play that in the first place? I'm not sure how good it is, but I like that we're getting a new and unique way to pressure R&D. Mind's Eye: Weird and unique. Seems like you want to try to build it up early and mid game and then use it to maintain R&D lock later on when it's more expensive to get in. It does trigger Akiko's ability, which is very interesting. Mache: Of the three anti-asset spam cards in this box, this is the weirdest. I would have to see this in action before I pass judgement, but the install cost is low and instant speed card draw is good. Whether or not this is playable will depend pretty much entirely on whether people are playing trash able cards other than Rashida and NGO front in your meta. Ika: Excellent flavor text, and just an amazing breaker. It breaks Archer for 6 credits if you don't have to re-host it and 8 if you do. Even if you're re-hosting it every time you break something, the numbers on it are so good (especially that install cost) that it's probably still a good breaker. It's also low enough influence to see play in Criminal and Adam. Kyuban: I was pumped to see Criminal getting more run based econ support and I'm just as excited to see Shaper getting it (but in a distinctly Shaper way). Shaper already had Cyberdelia, so it isn't a totally new theme. This is vulnerable to the ice it's hosted on being trashed, but then you basically have a zero cost Parasite. Don't install it on Vanilla. Psych Mike: Very cool bit of run based econ. Nonbo with Indexing, but scales with DDM and The Maker's Eye as well as Akiko's ability. Giving you money for accesses also means that you can more readily afford to play the Psi game or it lets your turn Akiko's ability into you gain 1 and they lose 1, which isn't bad at all. Algernon: Cool ability, seems over costed. Adam doesn't have exceptionally efficient clicks, so you will be hard pressed to make this worth it most of the time. However, it gets better if you're playing ABR and can give you the clicks you need in a pinch to draw up to steal Obokata or click through a pesky Bioroid. Probably 1-2x in Adam, and it might see play elsewhere. Reboot: Very good mid-late game card for Aesop's Apex. If it didn't remove itself from the game, you could recur it infinitely with Assimilator and Same Old Thing. Office Supplies: Solid, flexible Sunny card. Too high influence to ever get splashed. I like that you can use it as a slightly smaller Quality Time early game or another Hedge Fund if you set up enough link. DJ Fenris: People have written a bunch about the weird stuff you can do with him, nothing to add. Sportsmetal: I'm a diehard HB fanboy but I haven't been playing them since I returned to the game at the beginning of Kitara because I hate CI. This ID looks great to me. Flexible tempo is strong, especially when it works regardless of who is advancing their game state. Interestingly, my opponent playing Film Critic isn't upsetting at all because them losing two clicks every time they steal is also great tempo for me. Indexing multiple agendas against this ID is super interesting because of the optional card draw in between them. Honestly, this is the most exciting ID in the box to me. Hyperloop Extension: 3/1s are bad, but this is good tempo in Sportsmetal (especially with Team Sponsorship). This is definitely a "We'll have to wait and see" card. Meridian: Wow, the numbers on this are great. Worst case scenario it's a 3 credit tax for Paperclip. Unlike other porous ETRs, this one is significantly less likely to lose you the game thanks to it subtracting agenda points. The face check is also just hilariously good tempo. Gatekeeper: Weird and I love it. The first of several semi-Jackson Howard cards we get in this box. Like the others, this gives you tempo and then lets you deal with flooding. A 6 strength Code Gate is not fun to break for anything but Amina. If it fires, you get tempo, deal with flooding, and end the run, all for a reasonable price. Divert Power: This card is 1 influence, so the jank possibilities are endless. Combos well with Gatekeeper, Formicary, Campaigns, Advanced Assembly Lines, Elizabeth Mills, Lily Lockwell, and any cheap cards (looking at you, Vanilla). Very weird and cool. Fast Break: Hmm. Interesting tempo card, not sure how good it is. Probably only want 2x, but if you can consistently land -1 point agendas and feed them sections of Hyperloop, then this can get pretty bonkers pretty fast. At two Agendas it combos with Calibration Testing to draw cards and Fast Advance an agenda. Definitely going to try this, could be bonkers. Game Changer: Wow, this card is hilarious. It's a very silly version of Biotic Labor. It being trash-able is a bummer, but probably necessary given how strong it can be late game. Again, like Fast Break the strength of this card depends on how consistently you can feed them lots of agendas that don't lose you the game. I don't see this replacing Biotic Labor so much as complimenting it as a finisher. Giordano Memorial Field: Great flavor, very interesting defensive upgrade. Useless early game, but quickly becomes strong. It also synergizes really well with Ash. It's nowhere near as oppressive as Ash+Caprice, but they can be extremely taxing together late game. Saraswati: Interesting tempo ID, also good for playing Nisei or Snare! Jinteki has so many good IDs that it's great to see a new one that's probably unique enough to see play. And it's efficient enough that it might even be competitive. I honestly hope not because I hate playing against shell game Jinteki, but we will see. Jumon: Much easier to score than Mandatory Upgrades, especially out of Saraswati, but I can see you losing more games where you successfully score this compared to Mandatory. Hilarious tempo, lots of bluffing. Cool card! APS-I: Nice bit of econ support for the Jinteki bluffing we're getting support for. Every archetype needs some way to make money, and this is cool because it doesn't slot into everything. SSO and BoN might also want this, but 2 influence a piece is a bit steep. Neurostasis: Probably the strongest trap in the game. Tutoring is generally harder than recursion, especially for Anarch, and its good tempo against everybody. The downside is that its expensive. Otoroshi: Fun card with good enough stats that it might see more competitive play. This is some good old fashioned Jinteki bluffing on a really solid piece of ice. Thimblerig: Weird and cool. We're getting some more stuff like this in R&R. Swapping your gearcheck around provides some really interesting tempo options: put this in front of Rashida turn 1 and ice a central. If they run Rashida, then you can move this to HQ if you didn't draw another or an Agenda. (Importantly, you can trigger Rashida before this, although you must do both before you take your mandatory draw.) Hangeki: Gives shell game Jinteki a way to slow the runner down, which is super important because the best way to beat shell game is to win before they get to game point and can make you play the shell game at all. Daruma: Wow, this card is bonkers. It can be used as a defensive upgrade, as a way to feed the runner Snares!, or to swap your agenda into another server right before access. There are a ton of possibilities and all them are kinda mind bending. Acme Consulting: As someone who has lived in Saint Louis and Chicago, the art on this ID is wonderful. It reminds me of the Board of Trade Building in Chicago, which was one of the first commercial buildings with electric lights and is still one of the best examples of Art Deco. The ability is also great! It forced me to go back and look through NBN's extensive ice suite and identify cards with conditional "if the runner is tagged" abilities. Looks like a solid midrange identity given how overstated a lot of that ice is. Fly on the Wall: Not Broken News. Interesting tempo ability. Install+Advance to threaten Exchange of Information/Closed Accounts next turn. I'm glad this exists, even though it might be too weak to see play. SIU: The numbers on this are bad (which is true of remarkably few cards in this box), but the effect is potentially interesting. Landing a tag clicklessly opens up some more convoluted plays like Closed Accounts + HHN while using CV to play one of them. You could use this to begin a Threat Level Alpha combo, but you have to protect it. I think this might be one of only a few cards in this box that doesn't see much play, unless someone discovers something broken to do with it. Peeping Tom: The numbers on this card good, and information about the runner's hand is valuable. Plays nicely with Ibrahim Saleem, Saleem's Hospitality, and Standard Procedure. Can also just be decently taxing ice and will almost always end the run if they face check it. I like it a lot. Hydra: This is a disgusting piece of ice to face check, especially against Acme. Instantly puts the terror into runners, which is great. It also has the same strength and only one subroutine fewer than Archer, so it almost as hard to break. ETR on a piece of ice with a nasty facecheck is great so long as the numbers are good, and they are here. Remember that after the first sub resolves the runner will have a tag (unless they avoid it) and the nastier part of the remaining subs will fire. Eavesdrop: Link is in the meta in a big way, so I don't expect to see a ton of this. But its a cool way of adding an additional tax to your ice. Attitude Adjustment: Another Jackson Howardish that gives you tempo and hides agendas. If you reveal two agendas then this is drawing you two cards and netting you two credits, which is pretty solid just as far as tempo goes. Becomes worse if you're running fewer agendas or if you want to rush them out. Arella Salvatore: This is how we end up banning CI. But seriously, tons of combo potential. As just a pure tempo card, it's solid. Outside of some ludicrous combo, I'm having a hard time figuring out how to use it for fast advance. Regardless, it's kinda like a weird Team Sponsorship without the recursion. The Outfit: First card that actually rewards you for taking bad publicity from other sources (No, Ireress doesn't count). Only a few (previously printed) bad pub cards are strong enough to see play, but Hostile Takeover is already ubiquitous and is even more incredible out of this. Luckily, R&R is providing us with a cool pad pub tool and a win condition, so The Outfit should be at least moderately viable. Broad Daylight: Wow, this card is really cool. Score two of these with a couple counters on each and watch the runner desperately scramble as you do 4 meat damage per turn until you run out of counters. As others have pointed out, this has some synergy with Armed Intimidation. It might honestly be worth running in a bad publicity deck as just a pure tempo card rather than as a win condition. Drudge Work: Our third Savior replacement. This one is quite solid, especially in Blue Sun where you can just recur this forever if you want to be annoying. Unfortunately, the way to win right now as a Corp is by going fast, so I'm not sure how good these JHow replacements actually are. In a vacuum, this and the other two both seem quite strong. Perhaps they will encourage a meta slowdown. Blockchain: I love the theme and the idea, but the numbers aren't good enough. You need four transactions in archives before it costs Paperclip even 1 additional credit to break it. This might serve to push Core Weyland where you can end up with a lot of Green Level Clearance and Beanstalk Royalties in archives very quickly. The big downside is the horrible anti-synergy with Bryan Stinson. Formicary: Whoa, this is a strange piece of ice. A porous binary sentry that can be moved when you rez it? As with so many cards in this box, the design is just very interesting. Hard to evaluate, but I can see it being run out of Rush Argus. Building Blocks: Make Blue Sun playable again! Combos with Orion or, if you're feeling spicy, Chiyashi, a bit like Oversight AI. If I'm interpreting the "Ignoring all costs" clause correctly to include install costs, then this will often be only a bit worse than Oversight. It saves you the install click, installation credits (which can add up in Blue Sun), and doesn't leave your ice vulnerable to being exploded by D4v1d. Overall, lower variance than Oversight AI, but fulfills a similar role. Too Big to Fail: Outfit/Core Weyland love this. Super interesting design overall, directly opposed to most econ. In general, you need credits to make credits, whereas this only pays out if you're fairly strapped for cyber bucks. 10 credits for 1 click is a ton, especially when you can do that after getting Diverted down to 0. The bad pub is a big downside, but the trash cost is high enough that people will probably leave it alone (except for Freedom). Under the Bus: Cool utility card with a big downside, unless you're playing into the bad pub game with The Outfit and Broad Daylight. Probably strong enough to see play outside of a dedicated bad pub deck, if I'm being honest. Lady Liberty: Wow, this card is bonkers. It's a little like a SanSan City Grid in that it presents a must trash threat. On the other hand, it can only pseudo score you agendas of exactly the right agenda points. Also, only ever Asset Region (unless I'm forgetting something), so you cant combo it with any grid. It being unique isn't a huge deal since you can tutor it with Tech Startup. In conclusion: There is just a ton of stuff to get excited about in this box. Only a very small number of cards that I don't think will see much play, and most of those at least fit into 1) a different meta (and frankly who knows what it will look like after this box) or 2) a fun if unreliable deck.
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You handle risk and pressure well, and you don't let your emotions guide your decision-making. Professional Poker and TCG players often develop this skillset.
You have experience working with stocks, bonds, derivatives, foreign exchange, or other financial instruments. If you have a strong mathematical background, that would also likely fulfill this.
You can invest significant capital into trading while remaining financially secure if it all suddenly vanishes.
You are capable of constantly monitoring a situation, waking up in the middle of the night if an alarm goes off, etc. It requires serious dedication.
You are good at keeping up with news, understanding market psychology, and "feeling" shifts in attitude and perception among other market participants.
Of those, I'd be most cautious if you don't meet no. 3. Going bust is a real possibility--day-trading a volatile commodity is inherently extremely high-risk. Nos. 2 and 4 are the easiest to learn or force through routine. No. 1 requires a person who approaches things in an emotionally detached manner. No. 5 is something that comes with investing enough time.
Second question: I'm answering this after that big block of text because this answer will come off like a get-rich-quick scheme. Yes, you can hop into it very quickly, and you can start making very high profits very quickly. I put in a small initial investment to test the waters, and made 10% on it in a few days. If you have the right skillset, composure, and resources, yes. It is a potentially very lucrative and exciting stay-at-home job. It is not for everyone, though.
Regardless, that's all a little irrelevant. We're not playing the house, and we're not flipping coins. We're playing other investors, and we're making actual decisions. You keep saying things like "98% lose money" and "Go onto any FOREX forum, and you will see from the users posts that they pretty much all lose money" but you don't back it up. Cool, yeah, it's a zero-sum game with a rake: a little more than half of the players will lose. That's expected. They'll probably complain about it, too, huh?
I only have and need one: I have chosen not to disclose my personal valuation for privacy reasons. Same reason I've had all along. I instead publicly disclose my trades, as they happen, on my website. The posts are timestamped, and the ones that are the start of a position contain the price I entered at. Go check the posts, then go check the charts, then go check my archive. But feel free to continue to arbitrarily call my credibility into question--that makes your argument better!
First, our argument so far has had nothing to do with risk. Second, I told you I am leveraged 2.5:1, two posts ago. Third, you realize I'm trading Bitcoin, not ForEx, correct? And that no one in their right mind would offer 100:1 leverage on Bitcoin due to its volatility?
A year ago I was finishing up college and extricating myself from the TCG business I'd co-founded. I took very little in take-home pay over that period, but kept part ownership of the continuing business. Money isn't just about the number on your bank account--it's also about residual future income.
Coins that offer something different or that have a strong community to them can be valuable prospects.
LTC is the first-mover scrypt coin - DOGE has the most non-techies interested in its success and is spreading quickly as a result - NXT is a cool generation two coin that has a lot of features BTC doesn't have - VTC is ASIC-resistant
Nope. That's a false equivalence. It is possible that 4.95% of the market loses. It is not feasible, that, say, 99% of people with blue eyes lose. What, exactly, in empirical terms, is the difference between retail investors and hedge/institutions that causes this INCREDIBLE disparity? Would you care to respond to my above empirical argument that demonstrates that a zero-decision system is flipping a losing coin? Do you consider it feasible for 99% of people playing a 45-55 game to lose?
Not really yet, but there will be more prominent ones soon. I hear about a new one pretty regularly, it seems, but nothing that seems truly legitimate has come out. I'm certainly excited for them, though.
Eventually, once Mr. Lawsky and co. get things sorted out, I'm certain we'll see a big-name investment bank start offering them.
I think Mage needs basic, class-level tuning. I'm not sure what needs to be done exactly, but I don't like what the Mage class power does to gameplay. I've thought some about how different it would be if it could only hit minions, and I'd want to know if Blizzard had tried that out. The Mage power is too versatile, and over the long-term I think it will prove to be problematic.
I'm currently short, but I don't expect to be so for a lot longer. I don't think we'll get past 550. I also don't expect this drop to hold on for a really long time.
I haven't seen a good, substantive rationale for what the MtGox situation really has to do with Bitcoin price. Yes, it looks bad, it certainly doesn't help with our legitimacy, but is it really worth the incredible price declines we continue to see? I don't think so. I think we are seeing these impressive declines because the price on MtGox (which is a reflection of trust in MtGox relative to Bitcoin price, not just Bitcoin price) has been declining heavily. I don't expect it to continue forever, especially not with things like the Winkdex and the accompanying ETF launching.
MtGox is basically dead to me, for now at least. The sooner everyone stops paying attention to it, the sooner we can all get back on track, which I, for one, will be quite happy about.
It can be. I don't want the developers metaphorically over my shoulder outlawing strategies, but I don't mind if the strategies that are "less fun" for your opponent (Draw/Go, Mill, or Hard Combo from MTG, for example) are also less powerful. Most players prefer a game where the best decks are also among the most fun, because it means that they are playing against fun decks more often. Clearly the 2-cost 3/3 will be played most often. If you fix this by making both 2-cost guys 2/2s or 3/3s, or by making one a 2/3 and the other a 3/2, then you've done something--but it's not that interesting. If you instead make the 2-cost 2/2 have text that says "While you control the 3-cost 3/3, this gets +2/+2" and you give the 3 cost 3/3 text that says "While you control the 2-cost 2/2, it has Taunt" you now have more complex cards that reward players for doing something other than just playing the best stand-alone card.
This is obviously a very simplistic example, but I hope it makes the point. Games are more fun when you give players more relevant choices: buffing and nerfing cards tends not to do that as well as promoting synergies does.
You might need to rephrase your question for me to understand what you're asking. If you're asking why a Bitcoin has value, the answer is the same as any other good: because someone is willing to pay it.
If you're asking why someone is willing to pay that amount, my answer would be utility.
If I'm not going to be able to check my computer for a day or two, or I'm uncertain of what's going to happen the next few days, I do use the liquidity swap function. It's actually very profitable, relative to traditional investments. And you're right, it is low-risk. I'm a fan. Good job selecting it if you were intimidated--that's a good place to start. As far as actually starting trading, do science. Start with a hypothesis. If you were up at 5 AM today when MtGox published their announcement, a good hypothesis might have been something like: "This announcement is going to be a blow to their credibility, and might panic the markets. We'll probably drop by some amount as a result." Invest based on it, figure out around what price you want to take profits, and at what price you'll cut your losses and get out. Stick to those determinations unless something substantive changes. The time you tell yourself you can afford to not close your position because it will "rebound" back to where you want is also the time you lose your shirt.
Bitcoin isn't anonymous. That's actually a common misconception. It's actually pseudonymous, like Reddit. You end up with an online identity--a wallet address--that you use with Bitcoin.
If I walk up to you on a street corner and buy Bitcoin with cash, then I'm pretty much anonymous. If I buy it from a large institution like Coinbase or some other company, they will have records of the address my Bitcoin was bought for. As a result, you can trace them down, generally speaking.
The biggest hurdle for Bitcoin to overcome is governments. Governments have a variety of reasons not to want an alternative currency. We seem to have done pretty well on that front here in the US, but for other countries (China) that is not the case. Past that, the other major hurdle is something I consider an inevitability: consumer adoption. Business adoption has begun in earnest, consumer adoption hasn't. It will when enough businesses take Bitcoin to give it sufficient utility for the average customer.
I currently have no other holdings, but I've held DOGE and LTC at points and am considering VTC and NXT. DOGE is probably my favorite, because if the community can keep this up for a little longer it will snowball into amaze.
I do use relatively strict stop losses, but they're not stop loss orders. My conditions usually aren't just the price hitting a certain point, but instead it sustaining for a brief period, or hitting it with a certain volume, or with a certain amount of resistance to retreat. I don't want my stop loss to be triggered by some idiot who dumps 300 BTC and temporarily drops the price 15, but only ends up really dropping it 3. I am very strict with myself about this, though, generally speaking--if I can't trust promises I make to myself, what good am I?
100% of funds in every trade, so long as all funds are easily moved into the position. Common exceptions are lack of liquidity and funds being on other exchanges. My reasoning for being all-in all-the-time is that it's a profit-maximizing move. It is also risk-maximizing. My risk tolerance is infinite; most people's isn't. Only ever one. Generally BTC if I'm long, dollar if I'm short. I prefer to double-dip, as otherwise it would be in contradiction to the 100% plan. I use everything I have for trading. Again, profit-maximization, infinite risk tolerance.
I decide a closing price when I'm near either my stop loss or my profit aim. I place a limit order or multiple limit orders wherever I need to. I avoid market orders whenever possible. Enough is when I hit my goals or my loss tolerance. I decide these at the start, but I frequently re-evaluate them as news and market conditions develop.
I would suggest just running around shouting "You get to be your own bank" is probably the best way.
In all seriousness, though--we don't need to try. It's going to happen on its own from now on, as the news media slowly starts to pick up the story. People will start appearing on TV talking about it with more and more frequency. Things like the Dogelympic teams are great PR and help boost it up, as well, of course, but in general it's just going to follow the adoption curve of every other technology.
If it picks up in a few developing nations that have stable internet, it will be a massive revolution for them. Self-banking can do a huge amount of good for an economy like theirs. We might see reports on that. If a major newspaper decides to run a permanent paywall like what the Sun-Times tested recently, that could be big as well. The slow PR from tipping on Reddit is another way, to be honest. Every bit helps, but the cryptocurrency community is now large enough that we're going to do a significant amount of organic, word-of-mouth style growth.
Having a currency be tracked has negatives and positives, but it's overwhelmingly positive for the average consumer. Because it's tracked, you don't need to pay someone to move your money for you. There also are no chargebacks, which means merchants aren't getting scammed and passing those costs onto consumers. Theft costs everyone money. It's also very fast--transactions confirm in just 10 minutes, regardless of size or where it's going. Transferring dollars from here to China is very difficult--transferring Bitcoin? Just as easy as from anywhere else to anywhere.
MtGox (which originally stood for Magic the Gathering Online eXchange) was the first prominent Bitcoin exchange. They've been going through some rather rough times lately, some of which I was an early cataloguer of here. In short, everyone is freaking out because the exchange may be insolvent. It's not really a big deal to Bitcoin as a whole, but it's certainly an obvious blow to credibility. In my view, people are primarily upset because MtGox has been a part of Bitcoin for a very long time, and it can be hard to let go of what we're used to. I expect that they will either fix the issues or will go out of business officially very soon.
Unless my positions are on different exchanges or in different coins, they're all always 100% of what I'll put into that trade at entrance and exit. As a result, I end up with a binary choice: stay or reduce/close. I very rarely reduce position size, nearly always preferring to just end the position instead.
Last updated: 2014-02-25 04:57 UTC This post was generated by a robot! Send all complaints to epsy.
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