According to a study by CNBC, which talked about the profitable business that Coca-Cola Company shares acquired ten years ago with respect to their acquisition price and the current profitability that they could report, it was indicated that they showed growth up to three times its nominal value.
In that post, they talk about a $ 1,000 investment in a Coca-Cola share ten years ago, which would bring to $ 15,000 as a final price by February 15, 2019, allowing the money invested to be multiplied by almost three.
Now if instead of acquiring an action of that type, that same amount would have been destined to acquire $ 1,000 in the Bitcoin cryptocurrency, on February 15, 2019 would report the not inconsiderable sum of $ 9.2 million USD at the average price of $ 3,600 per spot.
Bitcoin for the year 2010, had an average price of $ 0.39 per unit.
Although the traditional markets are less volatile than the cryptocurrencies, the historical price of Bitcoin shows us that despite the stake anchored to the cryptocurrency by investors and traditional economists reluctant to the new markets of crypts, they are not so profitable nor Even when the boom of the nineties occurred with the so-called "dot.com" actions or in Spanish, the boom in the actions of the web companies when this disruptive technology was emerging.
Even the actions of major technology companies such as Amazon, Google and Apple, have historically not reported such performance in the same period of time from the time of their appearance until today.
The case more similar to Bitcoin in growth, expansion and contraction, has been Amazon. The company of Jeff Bezos managed to rise up to 1.066% at the close of 1998 before falling back by 82.59%.
Bitcoin experienced something similar in 2017, growing by 1,400% and then falling by 80% at the beginning of 2018. Even so, Bitcoin in terms of profitability and prices maintains better profit margins in relation to Amazon.
And this is just the tip of the iceberg. If that investor had bought his $ 1,000 in Bitcoin at the beginning of 2010, when the first transastions of the cryptocurrency occurred at an average price of $ 0.003 cents each; that same amount would today be the astronomical sum of $ 1,200 million dollars at the current price of February 15, 2019.
The scenario is even more interesting if that same amount had been sold at the beginning of December 2017, when the Bitcoin reached its maximum peak of $ 19,500 per unit. The $ 1,000 investment would report to the new criptomillonario the not inconsiderable sum of $ 6.5 billion.
Despite all the reluctance about the cryptocurrency and its accusations of fraud, hacking, volatility and financial bubbles to which it has been cataloged lately; Bitcoin has shown that it has generated a new finance model that has already touched large corporations, financial groups and traditional investors, by applying uses of its underlying technology to generate new financial solutions and 'modern' ways of generating wealth.
What emerged as a crypto-synchronism, has become an appealing asset for great institutional whales, who wait for the opportune moment to enter the game in an 'open' manner, which would imply historical maximums of their prices and therefore, for those investors of Bitcoin's early age and / or the current winter crypto; generate very decent returns in the next ten years.
All this indicates that in spite of its volatility and all the bad publicity surrounding Bitcoin, investing in crypts responsibly is much more profitable than an action of any company that is listed on the big stock exchanges of the world. After all, actions also go up and down and are manipulated as traditional economists say, to Bitcoin.
For those who live in Venezuela, a sort of communication lock has been created by the regime to prevent the population from communicating through social networks and on the other hand to avoid being kept informed with national and international events outside of your interests
This is basically a coercion to freedom of expression in the best style of Cuba, North Korea and China, to say some examples. Inclusive, Part of the staff of hackers (if that is how they can be called without offending the ones they really are) that the regime of Nicolás Maduro manages are Cubans, Russians and Chinese.
For nobody is a secret the wave of 'immigrants' paid by the dictatorship in Venezuela that are easily observed in key government institutions such as CANTV (the largest telecommunication company in Venezuela and belonging to the government), as well as in energy sectors such as PDVSA , Ministries of Energy and Petrol and basically in any key government agency such as the SAIME, Ministries, Registries and Notaries public of the country. This without mentioning of course the great penetration in all the Armed Forces in all its components, with key positions dominated by these operators.
To make matters worse, many foreigners of doubtful nationality like Lebanese, Syrians, Turks, Palestinians among others, who are not the usual ones to which the Venezuelans were accustomed; they are scarcely seen to be integrated into society, they are barely out in front of their luxurious villas in areas paid and dominated by the government and they are rarely seen leaving their buildings.
As part of the efforts of the Resistance that we all must do in the country to try to inform and learn, I bring in this post an effective and simple method, which has already been filmed by different websites in order to avoid censorship of the henchmen of the regime within CANTV to censor any information on the sensitive events that occur every day in Venezuela: marches, protests, uprisings, crimes, parallel dollar prices, aggressions, human rights violations, shortages, government drug trafficking, among others.
Without further ado, I take the trouble to 'copy' this small contribution for the particular interest of all Venezuelans in the country. It's simple, fast and effective. Please spread the information all you can so that any ordinary Venezuelan with access to the internet can be up to date on the information and thus be aware of the struggle of their country.
How to use Google public DNS
Since 2009 Google has made its DNS servers available to the public, so that they can be used by any user, anywhere in the world for free. Google Public DNS is undoubtedly one of the best options in this field. The availability of the service is almost 100% and therefore it has become one of the most used.
To use Google Public DNS we must configure a couple of parameters in our network, which vary a bit depending on the operating system, and whether we use a router or not, as outlined in Hypertext.
1.- From our preferences menu, we look for the section of network connections, or we can also click on the network icon in the top panel and then edit the connections.
2.- We select the connection that we want to edit (Ethernet or wireless), and we click on the IPv4 tab.
3.- In the Method option, if it currently says Automatic (DHCP), we change it to Only automatic addresses (DHCP).
4.- In the field Servers DNS we write the IP addresses of Google Public DNS: 184.108.40.206 and / or 220.127.116.11 separated by a space.
5.- Repeat the process in the IPv6 tab, but in the DNS Servers field we wrote this time: 2001: 4860: 4860 :: 8888 and / or 2001: 4860: 4860 :: 8844
6.- We save the changes and test the connection.
1.- Open the Control Panel and then look for the option Networks and Internet> Center of networks and shared resources.
2.- In the panel on the left we click on the option: Change adapter configuration and select the network connection that we are going to edit by right clicking on it and then on Properties.
3.- In the Network Functions tab, select the item Internet Protocol version 4 (TCP / IPv4) and then click on the Properties button.
4.- In the General tab, check the option Use the following DNS server addresses and write 18.104.22.168 and 22.214.171.124 in the Preferred DNS server and Alternate DNS server fields respectively.
5.- Repeat the process for the item Internet Protocol version 6 (TCP / IPv6) but this time we use 2001: 4860: 4860 :: 8888 and 2001: 4860: 4860 :: 8844 in the field of DNS servers.
6.- We accept, restart the connection and test it.
Testing the connection
1.- Open the browser and type any address such as http://google.com, if it opens correctly, add the site to favorites and try to access the site again running it from the bookmark. If the two tests work, it means that everything is working correctly.
2.- If it does not work, open your browser again and write the IP http://126.96.36.199/ pointing to the website http://www.eecs.mit.edu/, if you load, save the site in favorites and try to open it from the bookmark. If this works but the first step does not, check your DNS configuration again because you made some mistake in the process.
3.- If step 2 does not work either, undo all the DNS configuration changes you made and perform the tests again. If they still do not work, you have a problem with your network.
Verify if your client can connect to the Google Public DNS servers
In Linux, open the terminal and type: sudo traceroute -n -w 2 -q 2 -m 30 188.8.131.52
In Windows, open the command prompt and type: tracert -d 184.108.40.206
The last line of the results thrown by the terminal should list 220.127.116.11.
In the case of routers, the configuration interface varies depending on the brand of the device, so you should look for the options indicated by the DNS servers and replace primary and secondary with those of Google, as we already reviewed:
1.- For IPv4: 18.104.22.168 and 22.214.171.124.
2.- For IPv6: 2001: 4860: 4860 :: 8888 and 2001: 4860: 4860 :: 8844
Bitcoin (BTC), the largest cryptocurrency in the world, traded its longest bear market until it pumped slightly on February 8. The currency has had a lateral performance during the last days and now it has reported a fall of 0.29% at the time of writing during the last 24 hours.
According to CoinMarketCap, the leading cryptocurrency of the ecosystem presents a quotation of $ 3,619.44 USD with a stock market led by BitMex with 8.66% share of the little more than $ 63 billion dollars and a commercial volume in the last day of little more than $ 6,242 million dollars.
The most important cryptocurrency in the crypto market has reported a growth of 6.25% in the last week and a profit of 0.16% in the last hour.
According to the 1D chart extended to study in the short and long term, there is no concern here as Bitcoin consolidates after a movement of initial momentum.
In relation to the short term, Bitcoin presents a projected bearish trend (orange lines) towards levels of the range between $ 3485 and $ 3530 (green rectangle in the chart). If there is no firm support in this last point, it could fall to levels of $ 3440.35.
Markets rarely rise in a straight line and while maintaining the level of $ 3485, we consider this as an initial surge.
In the opposite case that Bitcoin pushes to the lowest levels of $ 3400, we remain optimistic in the short and medium term. The next level of resistance is at $ 3825, where we expect a broader consolidation, and until it does not exceed the $ 4200 level, it will not be off the stalkers.
Of course, I could go back and try again the lower area of the $ 3000 (lower green rectangle), but nothing in the current table tells us that this is likely in the near future.
To corroborate the above, we assembled the 1D chart with the most outstanding indicators.
The Parabolic SAR indicator is bullish, drawn below the sails.
The MACD indicator indicates an upward trend, with the signal line making a positive crossover towards higher levels of the zero line and the histogram drawing upwards.
Finally, the RSI shows us that there is a small cross towards the middle line of 50, a sign of a balance of forces between bullish and bearish markets.
In conclusion, Bitcoin denotes the good green moment of the ecosystem and with news from China of a massive activation of hashrate for the coming months, as well as positive decisions regarding investment and retirement funds; the outlook is encouraging for the cryptocurrency in the remainder of Q1 2019.
Blockchain is usually associated with Bitcoin and other cryptocurrencies, but these are just the tip of the iceberg. And is that this technology, which has its origins in 1991, when Stuart Haber and W. Scott Stornetta described the first work on a chain of cryptographically insured blocks, was not notorious until 2008, when it became popular with the arrival of Bitcoin.
Currently its use is being demanded in other commercial applications and an annual growth of 51% is projected for 2022 in several markets, such as that of financial institutions or the Internet of Things (IoT), according to MarketWatch.
In its simplest essence, the chain of blocks, better known by the English term Blockchain, is a single register, consensual and distributed in several nodes of a network. In the case of cryptocurrencies, we can think of it as the accounting book where each of the transactions is recorded.
Its operation can be complex to understand, but if we delve into the internal details of its implementation, we can conclude basic and vital aspects of the Blockchain; each block has a specific and immovable place within the chain, since each block contains hash information from the previous block.
The entire chain is stored in each node of the network that makes up the blockchain, so an exact copy of the chain is stored in all the network participants.
Being a distributed technology, where each node of the network stores an exact copy of the chain, the availability of information is guaranteed at all times, making it very secure, so any type of information that needs to be preserved from Form intact and that must remain available can be stored in Blockchain.
The latter has resulted in a large number of uses in the fields of health, documents, identification, insurance, IoT devices, financial and others.
Being the crypto ecosystem a derivation in its essence of Bitcoin, the first and main cryptocurrency of the market, with more than 50% of the share of the crypto-market, it is logical to think that for financial experts, traders, investors, institutions and the general public, requires a block explorer within the Bitcoin Blockchain, in order to verify relevant information from a technical, analytical and financial point of view.
Given this concern, Blockchain.com was born, a startup that was born in Luxembourg in 2009 in principle as a web server to statistically explore vital market information of Bitcoin in the beginning and Ethereum and Bitcoin Cash more recently.
The company has grown significantly, positioning itself as one of the fastest growing and most reliable in the world of cryptocurrencies with more than 70 million dollars raised by solid institutional investors within Silicon Valley, Wall Street and London StockExchange, as its website indicates.
In addition to having your main valuarte on your wallet of the same name, Blockchain presents a series of updated technical information reference in your block explorer. In order to familiarize ourselves with the fascinating world of blockchain technology, we bring you the 8 most common terms that you will hear from Blockchain and that you need to be clear to understand when you browse in the most used block explorer of the crypto space.
As its name indicates, it refers to the average market price of the cryptocurrency in USD, in this case Bitcoin, in most exchanges or crypto exchanges.
The price of Bitcoin in this case, for example, is calculated in the same way as the rest of all fiduciary currencies, based on supply and demand in the main crypto exchanges of the world.
In mineable cryptocurrencies such as Bitcoin, it is common to hear the term hashrate. In simple terms it is a measure of the processing power of the network, in this case of the Bitcoin network.
Its value for Bitcoin is given in tera hashes per second (TH / s), given the exponential increase of the difficulty from its origin, which has forced to be only minable through ASIC equipment (integrated specific application circuits) highly expensive and sophisticated.
According to the cryptocurrency, this value varies depending on the particular algorithm under which it was conceptualized at its origin.
According to Bitcoin.org, 'hash rate' or the hash rate is the unit of processing power of the Bitcoin network. Its current value according to Blockchain.com is 43.69 TH / s and that means that the network can make 43,691,832 trillion calculations per second.
It is a mathematical value of the difficulty of finding a valid hash for a block. It is a value that is used to show how difficult it is to find a hash that is lower than the goal defined by the system.
The Bitcoin network, for example, has a global block difficulty. Valid blocks must have a hash below this goal. Mining pools also have a difficulty in sharing in a specific group or pool that sets a lower limit for actions.
The Bitcoin network and in general of many cryptocurrencies, work with a set of connected nodes (supercomputers) that go in a race to discover the valid hash (a fingerprint of some binary input) to find the next block containing cryptocurrencies and receive the respective reward.
Depending on the power of the network, the algorithms automatically adjust the difficulty (in the case of Bitcoin every 2016 blocks) to be able to guarantee the fixed supply of cryptocurrencies and avoid being compromised its network. The halving in Bitcoin, is known as the adjustment of the difficulty, and the next one is planned for the year 2020.
With each adjustment of difficulty, the reward of the miners (the connected nodes) is also reduced by half compared to the previous period. Currently this reward is 12.5 BTC per block found.
TX Per Day
Number of transactions in the last 24 hours. Bitcoin reached the highest transaction rates per day this week since January 2018.
A transaction in simple form is a transfer of bitcoins from one address to another. Specifically, a transaction is a signed data structure that expresses a transfer of value. The transactions are collected by the miners and included in blocks that remain permanent in the Blockchain.
Basically in the Bitcoin network for example, what happens in the blockchain is a transaction log and its numeric data illustrates the greater or lesser amount of use that is being given to the particular blockchain of that cryptocurrency.
The theoretical limit of transactions for Bitcoin is currently 867 thousand per day. The minimum size of transactions is 166 bytes. Because a block is validated every 10 minutes, with a 1MB block size, it implies a theoretical maximum rate of 10 TPS (transactions per second).
This has been one of the key points, for which Bitcoin like many other cryptocurrencies have been derived in forks (or divisions), whether soft or hard as in the case of Ethereum and Bitcoin Cash.
The argument is that to achieve a greater number of uses of cryptocurrencies and the blockchain in general, it is necessary to approach VISA levels of 10k TPS. Already EOS, Ripple and other Blockchains have been working with satisfactory results on this topic.
For now, Bitcoin, despite only being able to process 10 TPS, continues to be the most important cryptocurrency by market capitalization. However, it is not ruled out that within the Bitcoin Core currents, there exists at some point the improvement of the scalability of the network apart from LN and SegWit.
It refers to the average amount that was sent during the last 24-hour period. It is the estimated total value of transactions in BTC in the network that has been sent, discarding the entries by 'change'.
A block can have multiple inputs and a single output, or the most common case; a single entrance and two exits; that graphically is the example when a good is bought with a unit of account of greater value at the price of the good, and receives the respective 'change' for said transaction.
In Bitcoin it is common to find some blocks with this type of input / output, so the currencies that return to the one that 'sends' for the concept of 'change' in this average value are not taken into account.
It is the average rate added to a transaction in the last 24-hour period.
Remember that all transactions, in order to be confirmed, need to make a "donation" to the network. A commission that will receive the miner who validates the transaction.
The commissions in Bitcoin (and in almost all crypts) are not paid depending on the value of the amount sent. When dealing with purely digital money, the commission is determined by the size in disk space occupied by a transaction: bytes.
No matter how much the value of the transaction, if not what involvement has at the computer level. The commission is not something fixed or explicitly imposed, it is the user who determines how much he is willing to pay according to his need.
As we mentioned in the section on Average Value, a transaction is not required to have a single entry and a single exit, but it can be composed of multiple inputs and outputs. Depending on this, the transaction will have more or less content, that is, it will occupy more bytes on disk.
It is the number of transactions pending confirmation, and its value or concept has to do with the previous section of the average commissions.
In the mining of Bitcoin, those transactions that have an additional incentive or higher than the others, will receive the attention of the miners to confirm and validate their transactions, otherwise; it simply causes a large number of transactions to remain pending confirmation by the miners.
The reason is that the miners, based on the transactions that are pending in the mempool, select the ones that pay the most at the rate of satoshi / byte in the case of Bitcoin.
If the network is not overloaded, miners will simply add to all transactions without problem, but if it is overloaded they will prioritize transactions with more commission to earn more money.
Aggregate size of the transactions pending confirmation. It is a measure of what the above section implies, but depending on the number of bytes it represents for the network, the transactions waiting to be confirmed.
Given that the Bitcoin block is only 1 MB, the miners give priority to those who pay the most and consequently an increase in the cost of the commission begins, as there are people who need to deliver their transaction as soon as possible and the price goes up. , and those who pay little remain at the bottom of the mempool.
Much has been written lately about humanitarian aid in my country Although I do not try to take a political position on this, considering it is humanitarian, for anyone is an open secret for more than 15 years the strenuous crisis that my fellow citizens are suffering in the country.
And the reason is not for less daunting: every minute inflation gains ground in a country where there are many birds of prey waiting for any fool to fall into their clutches for, worth the redundancy, tear it.
A shows an example lived recently with a package of diapers for children: a price consulted in the establishment in question indicated that it was worth (for the time of purchase) $ 3.45 and the return of walking just 1 km on foot, it indicated exactly in the same place $ 4.55. It is worth noting that the time elapsed was just 90 minutes. Examples like this exist a lot in a hyperinflationary country, in addition to one of ex-officio speculators that leads even more to a spiral of poverty to the most deprived.
For my friends who are outside, they do not understand (and I do not blame them, it also cost me to understand it after I return) how can an average family of five people live? With a basic salary of $ 5.62 a month when the basic family basket is estimated at about $ 250 in the same period. Difficult to believe true? … But that's how simple people SURVIVE and are literally dying little by little, especially those sick people who do not have the financial capacity to supply food, less medicines at international prices calculated to the parallel dollar that reigns in the country .
Now, the purpose of the above is simply to expose in a clear and unabashed context a reality that many read, but sincerely few deepen and to understand the main point of the post, which is the issue in question; it is necessary to know reality in a practical way.
In a country with 27 million inhabitants (4 million are said to have left), with hyperinflation and no productive capacity, with an impoverished population of more than 80% it is logical to think that humanitarian aid is necessary. But there is a fundamental theme of all this; and it is that humanitarian aid unfortunately like many initiatives of this type; They are nothing more than hot water cloths.
Worse yet, most of these helps do not finally reach the people who really need it. And in the case of Venezuela, where a regime openly opposes this type of collaboration in order to control its population with hunger and make them dependent on its rulers, as a Russian-Cuban socialist recipe; It is logical to think that there will be saboteurs by trade to try to make a major failure of this structure.
Therefore, to avoid this type of feasible scenarios that in the country have been seen in abundance with other similar intentions and not as similar as the electoral votes; there is a real way to empower the most disadvantaged population without the political dye that characterizes today's aid and thus achieve complement it; by using cryptocurrencies.
HOW? Through initiatives such as GiveCrypto, eatBHC, and other similar volunteers who have demonstrated in Reddit subgroups such as Banana Coin, Nano, Dash; the real help could be diverse, direct and beneficial to the most displaced population, the poorest and most vulnerable that can not read, write, let alone VOTE for a party or candidate; but you really need to feed your children or grandparents that last up to two days on average to feed once a day.
In addition, I go beyond .. An initiative of registration in the Blockchain of all the beneficiaries integrated with the copy of your DNI attached to the file of the transaction would make this type of system more transparent to guarantee a real monitoring of the distribution of resources .
On the other hand, the integration as a test in a first stage for businesses with payment systems in cryptocurrencies (read Button payment in the style of BCH, points of sale integrated with wallets, etc) would allow in a country with high index of insecurity can really achieve a mass use of criptmonedas for this type of aid, since publicly expose to scan a QR with a smartphone in public in Venezuela is a reality that costs to death.
Finally, in a medium term the evangelization of this type of practices will allow many individuals who do not know about crypts but if they handle a smartphone for social networks, know the technology and with the previous point anchored; Grow your education and interest in the subject. This will ultimately be a major benefit for many in the ecosystem obviously.
It is worth noting that in the poor neighborhoods of the country, where 90% do not currently have access to medicines and just over half of them regularly; It is paradoxical to observe them with smartphones in their homes and jobs and even Internet connection and computer equipment in their homes. My long journey through poor, rural and deprived areas due to my work in the field; It has allowed me to meet with that paradoxical contrast.
Hence, the probability of success in a country destroyed but with high culture and cybernetic penetration as we call it here is very high. Only lack will, resources and find the right people without political interests of any dye to help the needy.
In general, for initiatives of this kind to be successful, it is essential to think in the short term of:
1.- System of registration of beneficiaries in a public Blockchain.
2.- Capacity to provide points of sale in crypts or payment buttons for shops.
3.- Legal and technical advice to the merchants to comply with their obligations derived from the use of cryptocurrencies.
4.- Education and simple technical disclosure to the beneficiaries and volunteers in general.
5.- Direct distribution of funds through crypt payment systems and eventually through convertibility bonds in fiduciary currencies for cases where data connections are not available and difficult penetration. For example, send funds in crypts to a representative, just as most organizations do, then allow that exchange of funds through a DEX exchange or P2P type like Localbitcoins to change to local currency that allows purchases of food in areas remote to deliver help in real time.
PD: I do not represent any NGO, political party, much less GiveCrypto, eatBCH or similar.
The bull market seems to have returned strongly again and this is evident in the current structure of the cryptocurrency market with the majority booming profits.
Surprisingly the market yesterday and today is showing an amazing difference. Progressively, some currencies have seized this opportunity to reclaim previous points as they flourish with profits.
A reflection of the above is the existing struggle between Litecoin (LTC) and EOS. At the beginning of the week we witnessed that the cryptocurrency of Charlie Lee, Litecoin, had moved from the fourth place to EOS. In a rather interesting participation of events, EOS has now reclaimed its place.
EOS not only made this quick return in two days, but it was also the one that won the most among the top 20 of the cryptocurrencies with a 5.69% gain in that period of time. However, nothing is defined yet, because although LTC registers contractions in its price, the difference in volumes is very small (barely $ 400 million), which could change the outlook if LTC revives another bullish rally.
At the time of writing, according to CoinMarketCap, EOS is presented with a price of $ 2.87 a spot with a growth of 1.64% in the last 24 hours. Its stock market capitalization market is $ 2.6 billion and has a remaining supply of exactly 200,000 coins to be issued.
Observing the technical analysis in Binance of 1H, the cryptocurrency presents a significant reduction of 4.78% in the day of today Wednesday, falling from $ 3.01 to the current price of $ 2.85 per unit. A possible correction is expected up to the projected level.
The Parabolic SAR indicator denotes the bear market correction moment drawing above the candlesticks.
The Aroon indicator has indicated that the bearish trend will be for a short time, since its bearish line has indicated a downtrend shift, moving above the uptrend (green line) that follows its trip to the south.
The RSI indicator confirms the bearish moment, with the sales pressure of the altcoin on this moment, approaching dangerously at oversold levels.
On the 1D chart in Binance, the trend remains bearish, and a support level projected at $ 2.59 slightly lower than the short-term spot.
The same Aroon indicator tells us that the cryptocurrency will maintain the bullish level of recent days, at least in the medium term, with its bullish line making small changes in the top and its bearish line (red color) stagnant in the background.
The Relative Strength Index (RSI) the trend is similar to the previous one, with the pressure of purchase orders in the medium term, without sudden changes that indicate otherwise.
The *Chaikin Money Flow *indicates for its part that a small group of investors are collecting the relative earnings of these last days, representative of the moment to the downside at the time of writing for EOS.
In conclusion, the ability to maintain a good volume in the medium term and the entry of more money into the ecosystem of EOS is what will allow it to continue maintaining its fourth position.
There are numerous end-of-year predictive analyzes that show a disappointing otulook for the year 2019, with a strong emphasis on a possible recession scenario marked by the volatility problems of traditional markets, a trade war between China and the US. That still does not start my way of seeing adn of course an excess pumping of the oil markets that will contract the emerging and third world economies where the largest amount of oil reserves is concentrated.
However, there are factors to think that the US and is technological stronghold of Silicon Valley will fight in the midst of a supposedly unfavorable scenario, to maintain the integry of its economy.
Most of these extreme predictions have been based on the simple mathematics calendar, rather than the basics. The fact is that we will celebrate the tenth anniversary of the official end of the last recession in June. Therefore, many experts predict that we are obligated to have another in 2019, simply because the average period between this type of recessions is 6.5 years.
But the so-called experts are overlooking some very important economic data that show that the US is not likely to be the largest economy in the world; have two consecutive qurters of negative GDP in 2019, the official definition of a recession.
Technological stocks are heavily oversold, with some giants practically printing money in more than 20% since October, placing them in bear market territoy. This is the initial step for a bounce around the corner. The economy is in great shape in general. USA it has the best wroking climate in decades, and consumer confidence is near 15 years highs.
Corporate profits are on fire, especially among high profit technology leaders. Zacks says the companyś S&P 500 earnings in the third quarter increased 25.7% compared to the same period last year, with 8.4% more revenue.
Companies have just obtained the largest tax cut in decades, which has been particularly useful for technology since that sector already had high profit margins.
The World Economic Forum says that the United States has the most competitive ecnonomy on globe. We just celebrated two major quarters of GDP, which increased by 3.5% in the third quarter, after 4.2% in the second. That is the best consecutive growth the US has had in four years.
Perhaps the biggest challenge for this year 2019 is the possible trade war with China, even thought the negotiations between the two largest economies in the world are still fluid.
So it is impossible to predict exactly how thing will develop. But it's worth nothing that neither party would fully win a trade war, that's for sure. China needs access to the American market, and in counterpart, the US neeeds the Chinese to continue buying the bonds that help finance government spending.
So, what there is a prediction based on the fears of a commercial war of slower economic growth for 2019 between 2.5% and 2.8%, with strong push by President Donal Trump and his protectionist policies with imposition of tariffs on about $200 billion in Chinese products and pursuit of American companies that wish to expand abroad instead of producing at home.
In spite of all this panorama, the technology will again surpass the market in 2019, as it has done since the bull market started in March 2009. After all, the United States is now clearly an economy focused on technology.
The AI is now seeping into every aspect of our lives an already its 60 year winter seems to have come to an end. This 2018 marked an important turning point between the AI, Deep Learning and the branches closely related to the machines. The big companies are moving quickly to adopt the AI in order to create better products at lower cost and quickly provide data of added value to science.
Just to mention two cases: Boeing Co. Expects to make big inroads into an AI initiative that launche jus t over two months ago and HP Enterprise Co. Says that AI is becoming a critical component of how each company in the United States intends migrate to digital platforms. The company forescast that by end of 2019 IA will feed 41% of these transformations.
A recent study by Accenture found that in 12 advanced economies with a combined GDP of approximately $61 trillion, the IA can double economic growth by 2035.
This is why this 2019, AI will really join forces with another critical technology for the US economy: Cloud Computing. MarketsanMarkets says that IA as a service will be great driver of a market that will grow more than 36% a year, and that will have a value of $190.61 billion by 2025. In addition, analysts estimate that the number of firms that offer automatic learning or AI as a service could double this year 2019, from 25 to 50 approximately.
That translates into a huge increase in the scale of AI opportunities and a major blow to the arm for the economy.
After almost 10 years of testing and 5 million driving miles, Google is finally ready to launches the family car as we know it. Google's stand-alone auto unit, Waymo, will launch a taxi robbery service in Phoenix in a matter of months. Here there is much more than a proof of concept. The fact is that a lot of money is at stake.
Intel and Strategy Analytics predict that driverless cars will have a total economic value of $7 billion in 2050. That forecast assumes that almost all 75 million cars produced worldwide will have autonomus technology.
The fact is that, much more than the cars that drive by themselves, autonomus devices surround us and gain ground daily. In the next year, robotic systems are facing rapid acceleration in the United States. The key factor: there are now more jobs avaible than workers to hire, as Baby Boomers retire more quickly than millennials cant take their place.
The global robotic and automation sector will have a value of $ 135 billion this year, according to a forecast by International Data Corp and Statista believes that market will reach $498.6 million in 2025.
The factors that drive this growth are: collaborative robots that are smaller and agnostic to the device (cobots as they are called) and service robots that are used in offices, logistics centers, automated delivery vehicles, mobile factories and medicine.
These are undoubtedly two factors that can boost technology and make it brimming with exciting opportunities for 2019, and even more avoid a recession in the world's main economy and therefore througout the world.
Recently, the imminent closure of the largest Canadian exchange of cryptocurrencies, QuadrigaCX, was announced by means of a communiqué on January 31, 2019 on its platform, which made it clear that it accepted the protection of creditors according to the laws of the District of Columbia, Canada to protect user funds.
Hours later, the story of rumors was confirmed; another Canadian cryptocurrency exchange had the same fate as MapleChange, its closure for bankruptcy.
QuadrigaCX was founded in mid 2013 by Gerald Cotten, a philanthropist of Bitcoin technology who worked for eleven years in Digital Currency and was certified as a Bitcoin professional by the Crypto Currency Certification Consortium in September 2014.
During his brief stay, he appeared in technical forums, such as the Canadian Institute's Payment Forum on February 25, 2015 and was also an advisor to the Crypto Consortium, the regulatory body responsible for the creation of the C4 certification accredited to him. Since December 2013, he was a member of the Bitcoin Foundation and Director of the Bitcoin Cooperative in Vancouver, where he resided since then.
This former student of the Business School of the University of New York in 2010, was widely known in the Canadian media for his contribution to innovation in traditional payment systems and other technical collaborations.
However, despite having gained traction with the company founded and directing, QuadrigaCX; the reality of the financial problems of the platform seems to be another, as the information reviewed by the Canadian television CNBC, of the freezing of funds for about $ 20 million dollars at the beginning of the year by the bank CIBC due to liquidity problems.
This caused delays in the withdrawals of cryptocurrencies by customers, about 115 thousand users who saw their funds were restricted and to date without a visible picture of being able to be recovered.
QuadrigaCX investors can not access funds from the platform because of a password, which apparently young Gerald took to the grave, which gives access to cold storage wallets and there is no way to access it because the computer from the deceased was doing business "is encrypted", as it was made known by a signed document Cotten's widow, Jennifer Robertson on January 31, 2019 before the Supreme Court of Nova Scotia
Cotten, according to his widow, died in India from complications of Crohn's disease. He was 30 years old and was in the process of founding an Indian orphanage. Rumors through various networks claim that the body was not repatriated intact and, instead, was cremated in Jaipur, India.
According to a publication on the Reddit social network almost 3 weeks ago, in response to a question where the body of Cotten is, a supposed close family member has downloaded it against the user indicating that the funeral arrangements were made in private for the family and demanded respect. for the pain of others.
However, there are no official documents of the Indian government shown to refute the repatriation of Cotten's body, which has led to more speculation of the possible fraud committed by the founder of the exchange and his widow wife.
To make matters worse, the death of Cotten was announced in a message published by the company on its website and its Facebook. But The Globe and Mail newspaper reported that the businessman had signed a will on November 27, 2018, just two weeks before his death.
In this document, Cotten names his wife as heir and executor, but did not give details on how to access the funds of QuadrigaCX in case of death, which generates more suspicions among users of a simulated death.
Also on a page dedicated to the exchange on Reddit, I carry a publication concerned about employees who used false names. "The founders of QuadrigaCX and their fake names? "The entry in the social network is read. The theory that the two new drivers for the company, Michael Patryn and Lovie Horner are the same Gerald Cotten and his wife with new legal names, has gained momentum in recent days, especially by a burning accusation by Jesse Powell your official Twitter account about funds moved from the QuadrigaCX wallet to Kraken.
To make matters worse, in another publication it is alleged that cold wallet addresses of Litecoin QuadrigaCX were found where the funds are being withdrawn, so they assume that the lost keys is not quite true and someone or some are playing with the funds of the users.
For now, QuadrigaCX said it hired an investigator to see if it could recover the information. But the efforts so far have had limited success in recovering a few coins, as well as some information contained in Gerald Cotten's computer and personal telephone.
In a statement released last Thursday, QuadrigaCX said it was working to deal with "liquidity issues" that include efforts to locate and access its cryptocurrency reserve.
As part of achieving transparency in the procedures, an independent auditor like Ernst and Young was hired but according to statements made by important means, there would be a conversation to sell the assets of the exchange as an effort to satisfy the debts.
However, an important crypto medium has indicated that there may not be such cryptocurrencies to talk about, so it would be a useless distraction combined with suspicions about the founding of QuadrigaCX, that everything is a well-thought out exit scam. .
For now, if the history of QuadrigaCX is correct, they should publish the directions of their cold storage, if they can not do this, their history is not credible and is a scam like never before seen in the history of cryptocurrencies.
The crypto market has undergone a new turn (predicted) by many a few days ago when Bitcoin created strong support in the $ 3400 and broke the resistance of the $ 3450. The consequences are being felt throughout the ecosystem at the time of writing this post, with śubitas price increases and a whole green landscape in the crypto market, with Litecoin leading the winning race in the most important cryptocurrencies.
As a side effect and a few days from the fork of Constantinople scheduled for February 25 of this 2019, Ethereum has not been left behind and drag a positive growth in the last 24 hours of double digits.
According to CoinMarketp, Ethereum continues to be the third most important cryptocurrency by market capitalization, with $ 12,500 million dollars and an increase in the volume of trade in the last 24 hours at just over $ 3.5 million. Its current price is $ 119.36 with a growth of 13.99% in the last 24 hours.
According to the 1H chart in Binance, the recovery of Ethereum is literally an uptrend rally influenced by the good vibes of the ecosystem. It has happened in less than 48 hours of falling to almost below $ 100 per unit to rise to the current price of $ 119.14 per altcoin. Since December 17, 2018, Ethereum does not present a sudden performance in such a short time.
According to the Klinger Oscillator indicator, Ethereum's uptrend trajectory will continue with less strength than the last hours, but in an uptrend. This is evidenced by the plot line (red) above the signal line with a strongly drawn bullish rally.
On the other hand, the* Bollinger Bands* have expanded after coming in a long tunnel for some time and the lower and upper bands have begun to diverge, with presence of bulls is taking control in short .
The Parabolic SAR also graphically shows Ethereum's uptrend with its projection below the candlestick chart.
In relation to the 1D chart in Binance, the outlook is encouraging in relation to current prices, but in general terms it remains a bearish trend that does not project more than $ 200 for the cryptocurrency. However, in the short term it projects a recovery of up to 23.38% in the next two days if good news continues to the ecosystem.
The Chaikin Money Flow (CMF) indicator draws the good momentum of Ethereum, with a strong upward slope of the CMF chart, a symptom of the strong inflow of money into the ETH ecosystem.
The MACD has made a significant change towards the north in the last few hours, taking off from the average mobile line, but still far from changing the bearish territory for the altcoin.
However, the ***RSI ***seems to counteract MACD and indicates that a strong buying zone is causing the rise in prices in the cryptocurrency, hence its bullish rally in the last hours.
In general, Ethereum is indicating that the bullish wave of the entire crypto space is alive and that for the remainder of the weekend, it at least projects higher growth in its prices to generate even profit of up to 20% or more, as long as the volatility of the crypto ecosystem does not reveal the opposite.
This time Ethereum seems ready for the next hard fork of Constantinople, for the third time. On this occasion, the update will be different from the one previously proposed, since there will be two branches in the same block, the first is the initial fork, Constantinople and the second is the Petersburg fork.
According to the latest announcement, the forks would be held around February 25, instead of February 27, 2019. The forks will be located in the block · 7,280,000 at the estimated time of 11:49:25 UTC.
The Japanese bank, SoftBank Group's, has sold its entire stake in the US chip manufacturer Nvidia.
The announcement, which was made on Wednesday, together with the results of the company's profits and losses, is the result of a decision made at the beginning of December 2018 as a result of the recession of the technological actions that occurred in the last quarter of the US giant.
Soft Bank Group built a so-called 'collar trade' of around $ 6 billion, which allowed Japanese investors to accumulate shares and protect against a fall in Nvidia share prices, according to sources of the investor group.
Masayoshi Son, SoftBank's founding CEO, said that The Vision Fund had also sold its entire stake in Nvidia in January. Said fund of $ 100 billion of the group, launched at the end of 2016 with the support of Saudi Arabia that had allowed it to have shares in almost all major technology companies such as Uber and Slack to name a few.
Soft Bank recorded a year by year increase of 60% in operating profit over the last three months of the past year, approximately $ 3.99 billion and the earnings of the Fund Vision tripled.
The collar trade strategy allowed the group to raise its net profits from April to December 2018, surpassing other Japanese giants such as Toyota Motor, Japan's largest automaker.
The outbreak of Nvidia's SoftBank seems like a blow to investors, although the investor group only had a 4.9% stake in the chip maker; it may be the symptom of the recovery of Nvidia still aesthetic for a while given that the bear market of cryptocurrencies and the tense political situation between China and the US.
However, with a volatile market like the current one and a prolonged bear market spread over more than 365 days, this type of news could affect the crypto-market a bit more. The reason lies in the fact that Nvidia together with AMD is the largest suppliers of specialized graphics cards (GPU) frequently used by professional players and cryptocurrency miners.
According to a Market Insider analysis, Nividia during the spring of cryptocurrency mining between the last quarter of 2017 and the first quarter of 2018 had a market share of 75% of the GPU sold with mining fines, while the company's IT AMD controlled the rest.
Already last year, Nvidia, as of the second quarter of 2018, had been reporting fall in the prices of its shares, product of the technological recession due to the trade war between China and the US, mainly combining to weaker demand for mining cryptocurrencies that does not allow achieving greater margins of profitability in mining.
Nvidia has seen the price of its shares fall in the last quarter of last year, as a result of a reduction in revenues and overestimation of the same as said CEO Nivida, Jensen Huang.However, as indicated in a recent analysis of RBC Capital Markets, NVIDIA generated more money than was declared for cryptos and Blockchain.
In November 2018, Nvidia already posted fourth quarter prospects below expectations, affected by weakness in its gaming division and the persistent loss of demand for the collapse of crypto mining. Even Goldman Sachs and Wall Street caused cuts in their stock prices because their bullish view had been "clearly wrong".
At the time of writing, Nvidia presents a quotation of $ 151.75and still above the current consensus target of $ 227.18 foreseen for the 52 week trading range between $ 124 and $ 292.
What began in an experiment of $ 1,000 dollars in Bitcoins for charity, continues to be a satisfaction for many Venezuelans and Third World countries with problems of critical poverty and inflation like Bangladesh and Uganda.
The $ 1,000 Crypto experiment was a proof of concept for GiveCrypto, the charity launched by Brian Armstrong, CEO of Coinbase last year as a way to distribute wealth in cryptocurrencies directly from the millionaire donors of cryptospace.
Since then, GiveCrypto has conducted lots of experiments in crypto-charity, most of them in Venezuela, in its year and a half of existence and in other countries of the world, as indicated by its monthly reports published on its official website.
Regarding the latter, it is indicated that January 2019, although no new program was initiated, they continued distributing cryptocurrencies for the programs launched in 2018, distributing $ 22,578 to 528 people; with great emphasis on the FreeFrom project, which helps victims of domestic abuse to achieve financial independence, as its website points out.
For now, the institution has been focused on its Ambassador program to achieve greater effecient distribution of resources in the sites of interest of the foundation.
It is worth noting that according to the tables presented in October, November and December of 2018 on the projects used for the donation and empowerment of low-income people with cryptocurrencies, Venezuela occupies 50% of the beneficiaries of the entire universe of influence of the foundation, with 1,089 people benefited from the little more than two thousand lucky ones.
It can also be observed that 28.92% of the resources delivered during the last quarter by the foundation worldwide, fell into the hands of Venezuelans for an amount amounting to $ 20,445 dollars, which on average would be $ 18,7 dollars donated to each beneficiary.
Of the most outstanding projects in the South American country, the Santa Elena - Barquisimeto project is highlighted, as a result of the work carried out for immigrant Venezuelan refugees in the Venezuelan border state of Bolívar with Roraima in Brazil.
The project, due to the problems of Internet connection to give access to resources and recommendations from a local partner, moved to the western Venezuelan city of Barquisimeto, where to date they have recruited 79 families receiving a goal of 100, to receive transfers in crypto-currencies and thus protect themselves from the devaluation of the local currency to cover basic food needs.
It is worth noting that GiveCrypto, through its Manager Joe Waltman, has made it clear in recent interviews that most of his projects have focused on helping Venezuelan refugees living inside the country to meet basic needs due to hyperinflation. unprecedented that the South American country lives.
"Its 12-month inflation is like 500,000 percent. Country number two is like 80%. If you're really thinking about Inflation, there's no reason to think of any other place. "
He also indicated that his interest and that of the Foundation is to enter areas where the "government is broken," as in the case of the refugee camp in Banglandesh, victims of the Rohingya genocide and Venezuelan immigration.
For now, the foundation works hard to polish its Ambassador system, in order to expedite the help in crypts through a unique opportunity to combine software and cryptocurrencies, to maximize decision-making to the limit, in the local communities and not sitting in an office in New York or San Francisco as is normally the case with traditional charitable foundations.
Analysis firm Blockchain Chainalysis has revealed in its most recent report that only two groupsb enefited from the majority of cryptocurrency attacks that have occurred to date.
According to the new report shared with The Wall Street Journal, the two piracy groups could have obtained $ 1 billion in cryptocurrencies. The firm also indicates that it is estimated that since the creation of Bitcoin...
This weekend the market continues with no signs of recovery in the medium term, with lateral movements throughout the ecosystem. However, some cryptocurrencies have shown signs of recovery in shorts, which allow relative gains for investors with little patience.
One of them is Waves, which according to CoinMarketCap, is quoted at $ 2.83 per unit with a positive growth of 4.52% in the last 24 hou...
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For those who live in Venezuela, a sort of communication lock has been created by the regime to prevent the population from communicating through social networks and on the other hand to avoid being kept informed with national and international events outside of your interests
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Para los que viven en Venezuela, una suerte de cerrojo comunicacional se ha creado por parte del regimen para evitar que la población se comunique a través de las redes sociales y por otro lado para evitar que se mantengan informado con el acontecer nacional e internacional ajenos a sus intereses.
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