A little while ago, I wrote a short piece on some of the plans for the future. Most of the plans have been fulfilled while others will take a little time. The following short video discusses all these and more.
In recent weeks, the spectre of Facebook lurks over all of us. Many have yet to grasp the massive changes to come as well as the changes to descend upon us. Have you ever wondered why Facebook is making a major play to be involved in most aspects of our lives? Perhaps the documentary you are about to watch will give you some idea and maybe some realisation at the vast opportunities for change. I believe we will not be able to avoid the changes to come. This documentary is part of our Great Ideas series.
Why has one misunderstood nation now the source of more millionaires and billionaires than anywhere else on earth? And why does America’s mainstream press ignore this story? Join entrepreneur and legendary investor Steve Sjuggerud, as he explores this mysterious place, and explains how it now offers what he calls: “The Greatest Money Making Opportunity of Our Lifetimes.”
Ahoy ladies and gentlemen. Our Flipboard magazine keeps getting updated as you can expect. Here are just some of the stories you can read:
Why Is Bitcoin Outperforming Most Altcoins?
The pros and cons of Monero versus Bitcoin
Here’s how Bitcoin performed in Q1 2019
How to Build a Better Cryptocurrency Than Bitcoin and Ethereum
Could Growing Investments in Crypto Funds Signal Improving Fundamental Strength?
ALTCOINS - "Privacy coin" Monero offers near total anonymity
JPMorgan Tries Fear-Mongering in Attempt to Sabotage Rowdy Bitcoin Price Rally
Meet the Man Who Spent $800 Million USD in Bitcoin on Two Pizzas
Looking for a Bitcoin alternative? Check out these three altcoins
Tether, a crypto token once valued for its stability, is looking increasingly risky
A more enjoyable option would be for you to read the magazine on your iPad using the Flipboard app. If you do not have the Flipboard app, download in the app store, install, and enter the "Blockchainology". This magazine is curated by Olusegun Oyekanmi
I am a regular competitor on the Cindicator platform. One of the questions asked was what we thought the maximum and minimum Bitcoin prices might be by the end of the day. This type of question was asked fairly regularly so I made my predictions. Bitcoin it turns out made such a price jump that I ended up losing a large number of points for getting it wrong. Many pundits/analysts got it wrong. They like many did not see the coming parabolic move.
Next, there was the talk of Bitcoin going as high as $25k. Some even posited $250k! Between 26 April and 15 May, we saw the massive price rise driven by FOMO (fear of missing out). BTC price went as high as $8323. The enthusiasts among us must have thought prices were headed back to $20k! Alas, this doesn’t seem to be the case. As I write there has been a retracement to 61.8%.
Volatility and uncertainty are characteristics associated with Bitcoin. They are not going anywhere. It looks like Bitcoin’s price is going to infinity but not beyond. Who knows what’s next, but then again, your guess is as good as mine.
At about 7 pm CAT (Central African Time) yesterday, I noticed that the BTC price on Bitfnex was more on par with other exchanges. I had to do a double take. I thought there must be some mistake. One had to wonder, is it the price premium outcry or something else that has made this happen. I could think of no reason. Some of you may recall that my last blog piece was precisely about the Bitfinex BTC price premium. Historically, there has always been a more visible difference when it comes to Bitfinex and other exchanges.
I began to reconsider my earlier thoughts. What really has brought about the shrinking Bitfinex BTC premium? I thought of a few reasons that may have brought this about. Earlier in the week, Bitfinex made an announcement on receiving both hard and soft commitments of a $1 Billion towards its’ exchange token. This was according to one of the shareholders involved in the process. Could this be one of the reasons? Let us not forget the outcry by many in the crypto community. Might this have been another reason?
We must also think about Bitcoin volatility. Recent prices surges will as they do even up the costs across the different the crypto exchanges because of an increase in demand right across the board. Might there be something else we are not considering or is there just a simpler explanation? Maybe there is an easier explanation but then again your guess is as good as mine.
If you are like me, TradingView was a most welcome platform. For years, I had pined for a free data feed with enough information to have meaning. When TradingView appeared, I was literally dancing in the streets. Even though I am using the free version, I look forward to using one of the pro versions very soon. Nevertheless, for many, the free version is more than adequate. There are not many alternatives out there and those in the present time are not the most adequate. That is not to say that TradingView is completely adequate. For instance, you cannot have more than three indicators on a chart. In addition, you cannot open charts on more than one computer at a time. Of course, you can do all these and more if you have the Pro, Pro+, and Premium.
One alternative I recently came across is GoCharting. I have to say I did not know of its’ existence. Shame on me I suppose. So, what do you get?
Swap your cryptos here:
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