ASIC is a handbrake. Good for some things but you certainly don't want to rely on it to stop your car when your car is doing what it's designed to do: move. That's what the foot brake does. Saves us all day, day in day out. That foot brake is our common sense and things like caveat emptor.
The problem is that even ASIC, it's trumpet blowers and it's designers didn't realise how limited ASIC will always be. They really underestimate the market. ASIC oversold it's capabilities and is busilly back pedelling. Classic pump and dump. E.g. all that FIDO rubbish. ASIC still has a long way to go to tone down it's self serving rhetoric. JUst watch that space.
A fool and his money are soon parted. I was a fool. Still am. But I'm trying to learn from my mistakes.
To make a mistake is forgivable, to not learn from that mistake is not.
There's a good reason there is so much money 'on the side' lines and so much 'hot money' sloshing around. That 'smart money' aint falling for the same tricks. Hopefully it won't take too long for the likes of ASIC to wake up to the fact that the gig is up and to change it's play book.
OCV
octaviar limited
