General Discussion » Trader ver. of Socrates

really? The payment system?
I don't know much about those systems, but MA wrote about it on Oct. 12 already and for me it's hard to believe that setting up a payment system would take that long. Either way, as long as Socrates is a good product and is indeed released within the next 1-2 month it doesn't really make a big difference. Now that it's delayed for almost 10 month anyway.

BTW. have you been in Orlando for the conference? Unfortunately I couldn't make it this time. I would have loved to see the tech analysis session. I hope they make a DVD this time, but they already promised one last time and didn't make one [rolling_eyes] . Hopefully they make another session in Hong Kong soon.

thanks for the message from Vicky.

MA has mentioned today another conf for next year. Maybe in the US or even better for me in Europe

MA's latest post on this

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It has been the banks. Many seemed to refuse to allow clients to pay using credit cards claiming this does not fit neatly into their business model.

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I don't get it. Paying with credit card for the WEC works, but not for Socrates Trader Level? The Trader Level is even much heaper than the WEC.
Also, MA is saying that the banks refuse to accept payments from clients. But the service is not yet open to the general public. How does he know then? Socrates investor level payments are ok then but not trader level?

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The people who attended the WEC simply were given access and did not have to pay per click.

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This sounds like people already using it??!!
At least something positiv


MA should start to accept Bitcoint - although - maybe then he will be thrown into jail again

I haven't heard anything new so far.
As a follower of Armstrongs blog (for several years) I've learned that one shouldn't take those release dates too serious. I believe that, in part this is marketing but also timelines are often hard to estimate in MA's business. Unexpexted things may happen (technical or business wise).

MA previously talked about moving business headquarter to Asia because of too high taxes in the USA. But now, since Trump has announced this tax reform (lowering from 35% to 15% + tax amnesty), I believe MA wants to stay in the US. He is waiting for a definitive statement or congress approval. This is all just speculation from my side. I don't know if this is really true.
Tomorrow there will be an announcement from Trumps office regarding the tax reform. I'm curious to see what they say...
http://edition.cnn.com/2017/06/19/politi...head/index.html
"......House Speaker Paul Ryan is giving a major speech on tax reform Tuesday at the National Association of Manufacturers....."

todays message from MA
"...We are getting ready to relaunch Socrates..."

hmmm, we've heard that several times before... but.... maybe it's happening this time [rolling_eyes]

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The pro-version should be available by September. I am pushing the staff as hard as I can.

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MA-Blog Source

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We are getting close to unleashing Socrates. The hold up has been in the delivery rather than in the analysis. We have had some problem with pushing the results up to the cloud, which we hope to solve.

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MA-Blog Source

By September/October time frame, Trump has probably made a decision (or has to) about the tax reform.

Hello Entran30,

I still believe that the delay is about Trumps tax reform.
The latest development on that front is that Trump tries to get the reform through congress (or senat?) ASAP (this year). I believe that 1-2 month ago it did look like it would take too long for the tax reform to materialize. Hence, MA planned to release 2 versions of SOC Pro. One version now and another version later (with the arrays and reversals).
Now to make this even more complicated, the Paradise Papers where released a couple of days ago. This in turn has the potential to delay the tax reform.

My guess is this:
Tax reform this year: only one SOC Pro Version and only when the law has passed Congress (or Senat)
Tax reform delay to next year: two SOC Pro Versions. One soon and the other later, when tax reform is finalized.

The big question I see, for the coming days and weeks: will the Paradise Papers negatively impact the support of the Republicans for Trumps tax reform?

BTW. I don't believe that it is a coincidence that Paradise Papers leaked right in that moment when Trump wants to speed up tax reform. But thats a different topic for itself.

it looks like the SOC service migrates to the new website. It's good to see some progress now.