(+%) All Time Laissez Faire Returns
Hey all members, we’re doing a conference / meetup in Sandy on 7/8, Monday night at 7pm. The address is: # 21 Snowstar Ln, Sandy UT We’ll be going over the performance so far, implications of Bitcoin for the future, and how taxes apply to capital gains via Laissez Faire. There will be old and new members […]
Read MoreThere are several economic principles that govern the price of Bitcoin, because at its core; Bitcoin’s price is determined by a market like any other asset or commodity. Markets consist of a constant churning of supply and demand created by buyers and sellers. The inherent scarcity in stocks, commodities, or any asset is a huge […]
Read MoreThe US, and Global Market There is no doubt that the U.S. markets have been an incredible superpower for the last ten years. Following the economic crisis of 2008, the federal reserve set the U.S. base interest rates to all time lows, and injected trillions of dollars as a stimulus package into the economy. While controversial, […]
Read MoreLaissez Faire has been an amazing success so far! Thanks to everybody who was willing to take the risk and go for this. Also, welcome to our new members who have joined this week. Our bot has made 79 trades since inception, and netted 21% profit! The amount of trades from market orders, fees, and monthly […]
Read MoreNew members are joining the club, accounts will be re-balanced, money can be deposited or withdrawn during this time, and the algorithm will not be running after 10 PM tonight until 5/11 at 11:59 PM. I’ll be adding an updated version of the code that Laissez Faire runs on, incorporating Stochastic Oscillators and an update to […]
Read MoreMisconceptions of ValueFor over a decade, bitcoin’s price, as well as the viability and merit of the Bitcoin network itself, has been derided by classical economists as a fiction. Criticisms of bitcoin range from purely speculative investment to outright fraud. There is a common yet misinformed belief, even among ardent supporters and holders of bitcoin, […]
Read MoreLaissez Faire has had an exceptional run so far so I’d like to visually illustrate the returns since inception. And compared to BTC returns on a log scale over the same time frame…
Read MoreIt is critical to think about the implications of a bear market, whether it is over or not, and the risks that remain looming over the digital currency. While Laissez Faire returns are relatively stable when compared to the underlying asset of bitcoin, it preforms the least well in sideways-down markets. You’ll notice that currently […]
Read MoreDuring the month of April, Bitcoin has increased from low 4000’s to low 5000’s. Following this move, there has been a lot of talk in the space about Bitcoin’s bottom being in, so I wanted to provide some insight into what I’m currently seeing. I’ve been working on seeing new ways to measure the fundamentals behind […]
Read MoreLaissez Faire has now been running 24/7 for over a month and is doing even better than expected! Currently we’re averaging around 1.4% every time Laissez Faire makes a winning trade, and only losing about .79% every time it makes a losing trade. Every day I’m looking for ways to understand the space and status […]
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