Shitcoin Fantasy - Lose your house and your car lose it

Cryptocurrency Investments: where to start?

For some, investing in cryptocurrency is something of a fantasy, for others it is a profitable source of income. While some are thinking about where to invest their money, someone is actively investing and hitting the jackpot.
In this article, we will talk about two main ways, but first about the benefits of investing in cryptocurrency: Cryptocurrency is a modern technology. The creation of digital money is based on unique technologies. You can use cryptocurrency in almost any country (with a few exceptions). Therefore, you can earn money in any place at any time.
Value is constantly increasing. Bitcoin and other popular cryptocurrencies are growing in price. There can be volatility, but after a while it increases significantly. This can be seen by looking at the volatility of Bitcoin over all the years of its existence. If you approach investing properly, you can easily earn income by trading the differences in rates. Or in the long run, having bought bitcoin now and having waited a couple of years. Expansion. New cryptocurrencies regularly appear that may become a new investment. Forecasting the growth makes it possible to improve your financial situation with minimal effort.
The success of cryptocurrency investments depends on the right choice of digital money. It is important to use a profitable cryptocurrency that does not lead to losses. When choosing, it is necessary to take into account such parameters as Popularity, Mobility, Security.
Many modern cryptocurrencies have these characteristics. But the most common in terms of investment, of course, is Bitcoin.
This is the most valuable cryptocurrency for investors. It been in existence for 10 years and has already become a certain standard for alternative money transfers, ahead of all other cryptocurrencies. In recent years, the price has increased significantly, which can be seen on the chart.
How to make money with Bitcoin? Long term investments. That is the strategy, buy and hold. You need to buy at times when bitcoin drops in price, like now for example.
The easiest way to invest in BTC is to buy it on the exchange. At Raido Finance, this is implemented in several ways. Try our convenient merchant service.
Speculative trading on the exchange requires certain knowledge, skills and proven software. Our company provides everything you need to complete transactions on the purchase and sale of cryptocurrency. Where to start investing? 1. Select one or more cryptocurrencies with which you will work. The payback period and the size of income depend on this. 2. Allocate funds for investment. You need an amount for initial investments and further support of investment activities. 3. Register on the https://raidofinance.eu/ exchange and create a cryptocurrency wallet. You will need it for conducting sales transactions, as well as withdrawing funds. 4. Buy cryptocurrency through our convenient service. Wait for the right time to purchase digital money at the lowest rate. Buy the currency in a recession. 5. Dispose of the cryptocurrency at your own discretion: convert to stablecoins and pay for services, earn by the increase in value, as well as making transactions on the cryptocurrency exchange.
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Start learning programming " Here is the best Platforms for you"

Step by step Help for you:
Platforms Node.js Frontend Development iOS Android IoT & Hybrid Apps Electron Cordova React Native Xamarin Linux ContainersOS X Command-Line ScreensaverswatchOS JVM Salesforce Amazon Web Services Windows IPFS Fuse HerokuProgramming Languages JavaScript Promises Standard Style Must Watch Talks Tips Network Layer Micro npm Packages Mad Science npm Packages Maintenance Modules - For npm packages npmAVA - Test runner ESLintSwift Education PlaygroundsPython Rust Haskell PureScript Go Scala Ruby EventsClojure ClojureScript Elixir Elm Erlang Julia Lua C C/C++ R D Common Lisp Perl Groovy Dart JavaRxJava Kotlin OCaml Coldfusion Fortran .NET PHP Delphi Assembler AutoHotkey AutoIt Crystal TypeScriptFront-end Development ES6 Tools Web Performance Optimization Web Tools CSS Critical-Path Tools Scalability Must-Watch Talks ProtipsReact RelayWeb Components Polymer Angular 2 Angular Backbone HTML5 SVG Canvas KnockoutJS Dojo Toolkit Inspiration Ember Android UI iOS UI Meteor BEM Flexbox Web Typography Web Accessibility Material Design D3 Emails jQuery TipsWeb Audio Offline-First Static Website Services A-Frame VR - Virtual reality Cycle.js Text Editing Motion UI Design Vue.js Marionette.js Aurelia Charting Ionic Framework 2 Chrome DevToolsBack-end Development Django Flask Docker Vagrant Pyramid Play1 Framework CakePHP Symfony EducationLaravel EducationRails GemsPhalcon Useful .htaccess Snippets nginx Dropwizard Kubernetes LumenComputer Science University Courses Data Science Machine Learning TutorialsSpeech and Natural Language Processing SpanishLinguistics Cryptography Computer Vision Deep Learning - Neural networks TensorFlowDeep Vision Open Source Society University Functional Programming Static Analysis & Code Quality Software-Defined NetworkingBig Data Big Data Public Datasets Hadoop Data Engineering StreamingTheory Papers We Love Talks Algorithms Algorithm Visualizations Artificial Intelligence Search Engine Optimization Competitive Programming MathBooks Free Programming Books Free Software Testing Books Go Books R Books Mind Expanding Books Book AuthoringEditors Sublime Text Vim Emacs Atom Visual Studio CodeGaming Game Development Game Talks Godot - Game engine Open Source Games Unity - Game engine Chess LÖVE - Game engine PICO-8 - Fantasy consoleDevelopment Environment Quick Look Plugins - OS X Dev Env Dotfiles Shell Command-Line Apps ZSH Plugins GitHub Browser Extensions Cheat SheetGit Cheat Sheet & Git Flow Git Tips Git Add-ons SSH FOSS for DevelopersEntertainment Podcasts Email NewslettersDatabases Database MySQL SQLAlchemy InfluxDB Neo4j Doctrine - PHP ORM MongoDBMedia Creative Commons Media Fonts Codeface - Text editor fonts Stock Resources GIF Music Open Source Documents Audio VisualizationLearn CLI Workshoppers - Interactive tutorials Learn to Program Speaking Tech Videos Dive into Machine Learning Computer HistorySecurity Application Security Security CTF - Capture The Flag Malware Analysis Android Security Hacking Honeypots Incident ResponseContent Management System Umbraco Refinery CMSMiscellaneous JSON Discounts for Student Developers Slack CommunitiesConferences GeoJSON Sysadmin Radio Awesome Analytics Open Companies REST Selenium Endangered Languages Continuous Delivery Services Engineering Free for Developers Bitcoin Answers - Stack Overflow, Quora, etc Sketch - OS X design app Places to Post Your Startup PCAPTools Remote Jobs Boilerplate Projects Readme Tools Styleguides Design and Development Guides Software Engineering Blogs Self Hosted FOSS Production Apps Gulp AMA - Ask Me Anything AnswersOpen Source Photography OpenGL Productivity GraphQL Transit Research Tools Niche Job Boards Data Visualization Social Media Share Links JSON Datasets Microservices Unicode Code Points Internet of Things Beginner-Friendly Projects Bluetooth Beacons Programming Interviews Ripple - Open source distributed settlement network Katas Tools for Activism TAP - Test Anything Protocol Robotics MQTT - "Internet of Things" connectivity protocol Hacking Spots For Girls Vorpal - Node.js CLI framework OKR Methodology - Goal setting & communication best practices Vulkan LaTeX - Typesetting language Network Analysis Economics - An economist's starter kit
Few more resources:
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Weekly Update: Parachute Townhall, Welcome $GET to ParJar, Uptrennd reaches 50k members, Fantom on IncognitoChain... – 6 Dec - 12 Dec'19

Weekly Update: Parachute Townhall, Welcome $GET to ParJar, Uptrennd reaches 50k members, Fantom on IncognitoChain... – 6 Dec - 12 Dec'19
Hi Parachuters! As part of 2 of 3 from today's rapid catch up series of pending updates, here’s your week at Parachute + partners (6 Dec - 12 Dec'19):

As mentioned last week, Cap and Ice hosted a townhall to talk about where we are at and where we are heading along with ample feedback and Q&A from the community. We covered a lot of ground: "value hypothesis for ParJar, Product Market fit, and our growth approach for 2020...performance of two key PAR utility metrics, staking and gas, and how we see growth for each in 2020...questions from the community and reviewed upcoming community initiatives". Click here to catch up on all that happened. GET Protocol’s $GET token was added to ParJar this week. Belated Birthday wishes to Doc Vic from Cuba. Jason lost a 5k $PAR wager with Cap on Victor’s age. Haha. Congratulations to Martha for winning this week’s Parena. As per the latest Fantasy Premier League (#FPL) update shared by LordHades this week, he is still ruling the charts at the top with NovelCloud and Alexis hot on his heels. From next week, "You can now view your first opponent in the 2019/20 FPL Cup on the My Team page - under Leagues". While you slay those miles with the Parachute Running Club (which has done 44 miles so far BTW), here’s a podcast to listen to. Cap’s recommendation: "It's geared towards people building products - but super super useful to think about any products you use. Skip to like 9 minutes in to skip through all the advertiesments ". Yes, I know. Cap wouldn’t be Cap without typos. Typos FTW!
Parachute townhall
Parachute-themed shirts designed by Doc Vic and Alejandro on Doc’s birthday. These are sick!
If you want to see yourself on the Parachute world map, make sure to enter your location here. The entries are anonymous. In this week's Parachute Fantasy Football League update, Hang is in the first position followed by Clinton and Andy. Connor made it to the playoffs and is now in 4th position. So it means farewell to Nilz, Ken, Kamo and Cap from this season. CoD mobile players, don't forget to join the Parachute WarZone hosted by Doc Vic from Cuba. I hear there's $PAR and $AMGO to be won! The TTR Hat Contest ended this week with some solid entries running in the lead. Epic creation Wendell! In this week’s creative prompt by Jason, Parachuters had to “do 3 nice things for a total stranger”. Basically, be a true blue Parachuter 😊. For this week's Two-for-Tuesday, Gian made it free-for-all. No theme. Post music as you wish and win 500 $PAR. Cool! Benjamin and Charlotte hosted trivias in TTR this week. Those were loads of fun! Andy announced the start of a College Football Bowl Game Pickem contest in Parachute. 100k $PAR prize pool. Doc Vic hosted another round of Champions League wager this week in TTR.
So much epicness in one picture. Jose, you are a genius!
Andy's Advent Calendar journey continues
Catch up on the latest aXpire update and 20k AXPR burn here and here respectively. As you would already know, instead of pitting both startups against each other, XIO decided to accept both Opacity and Uptrennd into the incubator program and opened up staking for them. This marks the official launch of the XIO Blockchain Incubator and it’s been a roaring start with USD 7k worth of tokens locked up in one hour and Opacity portal getting oversubscribed in no time. Video instructions for staking can be found here. Read up on the startups here. In three days, the total staking crossed 1M XIO levels. Insane! That is a great metric to measure performance. How does the $XIO token play a role in all this? The crew explained in this tweet thread. And with that a series of related discussions got off starting with the possibility of self-nomination for startups. Have a sub-100 CMC project that you think should be part of the incubator? Don’t forget to tag them. Plus, a cool 25k $XIO giveaway was launched. Remember, meaningful conversation is always welcome at the incubator and more often than not, they get rewarded. Check out the latest update on the Birdchain App SMS feature along with an expanded list of supported countries. Silent Notary reduced the $LAW token requirement for running a Masternode from 100M to 20M this week. Russian research company sudexpa.ru also gave its vote of confidence to Silent Notary in terms of its immutability. Wibson Marketing Manager Fi Scantamburlo attended the Latin American Bitcoin Conference Uruguay to speak on Data privacy, monetisation and how Wibson helps achieve these. Opacity now allows shared file preview for uploaded docs.
Shared File Preview on Opacity
Fantom's foray into the Afghan Ministry of Health's efforts to fight counterfeit drugs and other public health initiatives were covered by Forbes this week. Last week, we shared that Sikoba's e-voting platform, Itugen, which is based on Fantom’s Lachesis consensus was released. This week, they published its technical whitepaper. With so many moving parts in the project and so much happening all around, a recap is always a welcome refresher to catch up. $FTM got listed on South Korea’s Coinone with a $KRW pairing. It was also integrated with the IncognitoChain project’s pDEX with a $pUSDT pairing (remember, Harmony was added to the same platform a few days back?). IncognitoChain allows cryptos to be transacted privately using sidechains including those coins/tokens which are not privacy-oriented. Fantom also launched a developer portal and technical documentation ahead of the XAR Network mainnet release. The interoperability bridge is out as well. This allows both ERC20 and BEP2 token holders to move their tokens to the XAR Network. The wallet allows both staking and delegation. For the guide to joining XAR Network as a validator node, click here. A simple guide to staking on XAR Network can be found here. The team also sat down for an AMA with COTI this week. Blockchain Magazine’s interview of Michael was published. Continuing with Uptrennd’s 24 Days of Celebrations started last week, this week they hosted an Escape Room contest and Photo contest. The latest $1UP tokenomics update can be seen here. After 11 months, the platform now has 50k users across 177 countries. Wowza! And wicked stats on the engagement metrics as well. Jeff’s interview with Crypto Beadles came out this week.
A few entries for the Uptrennd Photo Contest
Click here and here for the latest District Weekly and Dev Update from District0x. In case you missed this week’s Dapp Digest, you can watch it here. Aragon fans will be in for a treat since it features Aragon Co-Founder Luis Cuende as a special guest. Remember, we had discussed last week that the Shuffle Monster Raffle had crossed a 10k $SHUF pool. Turns out it got to 13k+. Wow! The latest Hydro developer update is a comprehensive roundup from the entire ecosystem. VCC Exchange listed $HYDRO with a $BTC pairing. Hydro’s security tokenisation protocol, Hail, moved to mainnet this week. The team travelled to Boston for MassChallenge Fintech. Hydro will be hosting a Banking-as-a-Service happy hour next week to talk on how they are building solutions in the BaaS space. For starters, don’t forget to read their article on blockchain applications in finance. The team appeared for an AMA with Apache Traders which also featured a 45k $HYDRO giveaway. Digital payments platform VoPay is now partnered with Hydro for end-to-end payment solutions using Hydrogen API and other Hydro tools. Hydro’s smart contract was audited by Callisto and passed their test with flying colours except for one "low severity" issue. The result: "The contract can be deployed". CTO Tim Allard was interviewed by Ethereum Network Nigeria as part of their Ethereum personality chat series. For the latest update on the community explorer Frost, click here. In Pynk’s first guest blog post, community member (or, Pynkster) Alistaire Wallace talks about what the coming year could hold for Pynk and its community of predictors. Check out the transcript of Sentivate’s AMA with tehMoonwalkeR here.
Sentivate’s new office in PA is shaping up quite well
This week at OST was all about the Pepo app: from angel investor Kartik to Rocket NFT’s Alex Masmej joining the platform, accelerator The Fledge using Pepo Conversations to power community-sourced improvements to businesses, Home for the Holidays Challenge to explain crypto/blockchain to relatives (with a total USD 2k in Pepo coins in prizes) and a “best lifehack” bounty posted by Jason on the app. If you’ve missed all SelfKey news from the past month, you can catch up from the November progress report. Also, did you know that the group Legion of Doom which was once considered to be the most capable hacking group in the world was in a long drawn feud with Masters of Deception in what is now known as the Great Hacker War? Learn more info like this from SelfKey’s latest article on hacking groups. Constellation CEO Ben Jorgensen will be speaking at the Crypto 2020 Summit. If you’re attending, make sure to say Hi. Arena Match announced a trading competition on DDEX with 4M $AMGO tokens to be won. Lucky Bluff Poker will be sponsoring next week’s Arena Match Raffle. The latest Harmony update compilation from the whole team can be found here. In the latest Pangea statistics (Harmony’s experimental staking game to test the limits of its tech), the average staking position is 1.8M $ONE with 75% of participants operate nodes themselves while the rest use delegates. Plus, check out the newest upgrades here. Honest Mining announced mainnet support for the native $ONE token swap. $ONE is also in consideration for listing on Binance US. The token was listed on Pionex this week. The Intellishare website registration and login functions will be down next week for a scheduled upgrade. Also, $INE traders make sure to keep a note of WBFex temporarily disabling the $ETH trading pair. Jobchain’s $JOB token got listed on Bilaxy exchange, P2PB2B exchange, SWFT Blockchain wallet and SWOP.SPACE exchange. The project was also given an A+ score by Xangle. Congrats!

And with that, it’s a wrap. See you again soon with another weekly update. Bye!
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Weekly Update: Mycro on ParJar, PAR on MetaMorphPro, new customer for Resolvr, 1UP on IDEX... – 19 Jul - 25 Jul'19

Weekly Update: Mycro on ParJar, PAR on MetaMorphPro, new customer for Resolvr, 1UP on IDEX... – 19 Jul - 25 Jul'19
Heya everyone, looks like we are in for another round of rapid catch ups on the weekly updates. Haha. Here's another exciting week at Parachute + partners (19 Jul - 25 Jul'19):

In honour of our latest partnership with Silent Notary, this week we had an SNTR Parena. Richi won the finale to take home a cool share from the 1.5M SNTR pot. The weekly Parena had a 100k PAR pot. McPrine took home the lion’s share by beating Ken in a closely fought finale. In 8 months since ParJar started, we are now at 12k users, 190k transactions and 200+ communities. Cap says: “…to put it into perspective - June 18th we were around 100k transactions and 9 k users. A month later we’ve added 3k new users (33% growth) and 80,000 new transactions”. Freaking amazing! And thank you for the shoutout aXpire! MYO (Mycro) was added to ParJar this week. And their community started experiencing the joys of tipping.
Lolarious work by @k16v5q5!
Last week MetaMorphPro did a Twitter vote to list new projects. Turns out Parachuters did PAR a solid. Woot woot! The first ever official TTR shirt is already live in the Parachute shop. Alexis announced the start of a shirt design contest to add to the TTR shirt inventory. Ian’s art quiz in TTR this week saw 25k PAR being given away to winners. Victor’s quiz had another 25k PAR pot for the winners. And Unique’s Math quiz in TTR was a 50k PAR extravaganza. All in all, 100k PAR won in quizzes in TTR this week. Sweet! Cryptonoob (Tom) set up a survey this week for “..for people who are interested in Crypto but don't know where to start..” for his work on the Parachute app UX. We all know how much Gian loves the reality show Big Brother. So we saw a new take on his Tuesday fun events. Mention your favourite reality show and what it’s all about to get some cool PAR. Yay!
A PAR coaster makes its way from design to final product in @k16v5q5’s workshop
Chris’ Golf tourney contest resulted in no winners since there were no correct guesses. So he decided to give out fun prizes instead: like Jason for coming last, Win for a “hilariously bad guess” of 100 strokes for the champions total score etc. Haha. However, there were a few top prize winners as well. LordHades, with a tournament score of 1968, took home 50k PAR as grand prize. Neat! Ali, Hang, Clinton and Tony came in close at 2nd to 5th positions. Congrats! And with that, Chris announced the start of another contest: Premier League Challenge for Parachuters (Entry code: x0zj2d) with an entry fee of 5000 PAR each. Prize pool yet to be announced. Jason is still in the lead this week in the Big Chili Race at 47 cm. Not much change either in the other plants. Slow week at Chili land.
Ric getting in on that sweet Parachute merch
Last week we shared that AXPR got listed on Binance Dex. The ERC20-BEP2 conversion bridge went live this week. Learn how to convert your ERC20 tokens to the BEP2 variant from the available how-to guides (article/video/gif). To mark the occasion, aXpire gave away a ton of BNB in an easter egg contest plus a 1% AXPR deposit bonus to folks who started using the bridge. Remember, we had mentioned that the reason for the weekly double burn of AXPR will be revealed this week? Well here it is. Resolvr onboarded a new client: HealthGates. More fees, more burn. Read more about it here. Woot! Victor hosted a trivia like every week on Friday at aXpire for 1000 AXPR. 10 questions. 100 AXPR each. Nice! Catch up on the week that was at aXpire from their latest video update. 2gether was selected as one of the top 100 most innovative projects by South Summit this week. Cryzen now built a Discord-Telegram chat bridge so that anything posted in either platform gets cross posted on the other. The latest WandX update covers the dev work that’s been going on for the past few weeks – support for Tezos wallet, staking live for Tezos, Livepeer and Loom etc.
2gether on South Summit’s honour roll
BOMB community member rouse wrote a quick script on how to identify and avoid common crypto scams. Have a read. As BOMB says, “Stay vigilant and always verify”. Last week's giveaway for the top lessons shared by entrepreneurs had so many good entries that the final list was expanded to 19 winners. Awesome stuff! Zach’s latest article on the difference between BOMB and BOMBX explores both the basic and the more complex distinctions. Switcheo’s introductory piece on hyperdeflationary tokens also talks at length about the BOMB project. Zach also announced the start of the Telegram Takeover Challenge this week – get new communities to experience ParJar and BOMB and earn some cool BOMB tokens in return. Win win! In preparation for the integration of the SMS feature in the Birdchain app, the team released an article on some key statistics. Here’s a video from Birdchain CEO Joao Martins discussing the feature. The latest Bounty0x distribution report can be found here. Also, check out a shoutout to the platform in this NodesOfValue article on bounty hunting opportunities.
Start of beta testing for SMS feature in Birdchain
The ETHOS Universal Wallet now supports Bitcoin Cash and Typerium. Following ETHOS’ listing on Voyager, it will also become the native token on Voyager. Switch continued its PR campaign with cover pieces on Yahoo, CCN and DDFX this week. Altcoin Buzz has a section on its site named “Community Speaks” where members of a crypto community share updates on a project they support. This week, Fantom was featured in this section. V-ID is the latest project using Fantom’s ERC20-BEP2 bridge for listing on Binance Dex. Big props to FTM for opening it up to other projects. FTM got listed on Probit and Airswap. FTM can also now be used as collateral for borrowing on the Constant platform. The Fantom Foundation joined the Australian Digital Commerce Association which works on regulatory advocacy in blockchain. This was also a perfect setting for the Fantom Innovation Labs team to attend the APAC Blockchain Conference in Sydney. Here’s a report. In this week’s techno-literature, have a read of the various Fantom mainnets and the TxFlow protocol by clicking here and here respectively.
Another proposed token utility of ETHOS
Uptrennd’s 1UP token was listed on IDEX this week. To put it simply, the growth at Uptrennd Twitter has been explosive. Check out these numbers. Awesome stats! This free speech vs fair pay chart shared by Jeff explains why the community backs the platform. About 96% of 1UP issued this week has been used to level up on Uptrennd. Want a recap of the latest at Uptrennd? Click here. Crypto influencer Didi Taihuttu and his family (The Bitcoin Family) joined the platform this week. Congrats once again to Horizon State for making it to the finals of The Wellington Gold Awards. Some great networking opportunities and exposure right there. If you have been lagging behind on HST news, the latest community update covers the past month. We had also mentioned last week that Horizon State is conducting a vote for The Opportunities Party in New Zealand. Here’s a media report on it. Catch up on the latest at District0xverse from their Weekly and Dev updates. The Meme Factory bot was introduced this week to track new memes and marketplace trends on Meme Factory. The HYDRO article contest started last week was extended to the 27th. 50k HYDRO in prizes to be won. Noice! Hydrogen got nominated as a Finalist to the 2019 FinXTech Awards. HYDRO was also listed on the HubrisOne wallet this week. And finally, here’s a closer look at the Hydro Labs team. The folks who make the magic happen. Sup guys!
The Parachute Big Chili Race Update – Jason at 1st, Sebastian at 3rd
And with that, we close for this week at Parachute and partners. See you again with another weekly update soon.
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NEW COINDEAL Listing - Digital Fantasy Sports (DFS)

The Digital Fantasy Sports (DFS) which is a premium blockchain sports arcade, an innovative fantasy sports gaming token and arcade based on the blockchain technology power driven by Ethereum smart contracts, emerge a winner in the 11th voting on the Coindeal platform. Coindeal exchange announced the Digital Fantasy Sports native token "DFS" as the winning cryptocurrency and will be trading on the Coindeal exchange between now and January 2019 after every necessary documentation. Every Digital Fantasy Sports and Coindeal's platform users will be able to trade on the vote of confidence –DFSToken.

WHY CHOOSE COINDEAL?

Coindeal exchange is an ground-breaking Cyprus-based cryptocurrency trading platform developed by Verified Trading Solution Limited that provides secure, fast and convenient cryptocurrency exchange services with unique features such as round the clock customer support team, real-time auditing, hundred percent uptime, personal (with a daily withdrawal limit of 100 BTC) and corporate account (unlimited withdrawal limit) opening, offers market and stop-loss order, fast deposit and withdrawals with credit card – supports Visa and Mastercard, inimitable transparency where users are allowed to have access to checking and knowing the exchange balances at any point in time – this is to make sure there are enough funds to service the platform users, and supports top cryptocurrencies such as LTC/BTC, BCH/BTC, ETH/BTC, DASH/BTC, QTUM/BTC and BTC/EUR trading pairs, and many more. Coindeal's platform charges is cost-effective with free deposit fees for all cryptocurrencies including fiat currencies. CoinDeal offers outstanding trading fees of 0.4% for market taker and 0.3% for the market maker, on all pairs. The withdrawal charges for BTC is 0.0008 BTC, while the withdrawal fees for other cryptocurrencies is 0.01 of the corresponding coin.The most important aspect of Coindeal is the platform absolute security– 90% of all Coindeal's funds are stored in a cold offline storage, while the company and client funds are kept under the custody of a Swiss Bank and Danish bank respectively. The platform is secured by SwissSign, SSL secure connection, and Cloudflare. Coindeal platform has charting tools and order book. Coindeal platform is transparent when it comes to the voting of cryptocurrencies – users are allowed to vote their coin of choice why Coindeal verifies the votes to make sure there is no bot-voting.

DIGITAL FANTASY SPORTS – ESPORTS GAMING PLATFORM

Getting full access to the Digital Fantasy Sports gaming platform is by registering yourself as a DFS member. Visit here for how to register as a member. Digital Fantasy Sports is using its own native currency "DFS" token and blockchain to skyrocket Esports and game lovers to the next level like never before. The Digital Fantasy Sports platform has its own Crypto Esports League platform for Peer-to-Peer (P2P) predictions for all game lovers globally. DFS is the first competitive gaming platform to be power-driven by blockchain technology thereby giving the power of prediction, competition, winning and lots more to the game players while providing the fastest means to deliver their hard-earned winnings directly to their DFS wallet. Digital Fantasy Sports is an ecosystem of competitive gaming. Thousands of players have predicted and won DFS token and you are not left out of the hard earn winnings which are a few clicks away. Arguably, Digital Fantasy Sports is the world's most legendary Esports League platform were you predict your preferred Esports Leagues with multiple fantasy choices utilizing DFS token. In the DFS platform, you can play your preferred day to day fantasy sports such as NFL (football), NHL (hockey), NBA (basketball), MLB, and lots more. Unlike the gambling sites that you pay to play, in DFS platform, users can play for fun without you paying a cent, enter the daily contest – this is only open to all members of DFSDraftlash, and visitors. DFS platform is so unique that you can create your own personalized and private contest thereby enabling you to invite your friends and families through email, social and by means of text message. The games are user-friendly that even a novice can be part of it, players can draft their own team from the player pools, and there is an auto-draft your team when you are not too sure of whom to select, DFSDraftlash offers an automated generated competitive lineup.The Esports market is a robust consumer market with untapped potential and core investors, giant-brand sponsors, renowned celebrities, core tech industries, and many more are all banking on Esports which makes Esports a legendary on the Digital Fantasy Sports platform. The Digital Fantasy Sports platform is leveraging the benefits of blockchain to spread-out smart contracts, host tournaments, fuel prediction, and ease the buying of virtual assets.Digital Fantasy Sports permits players to test their gaming skills and to predict on games without being dependent on intermediaries who incur a lot of charges, traditional money transfers and financial regulations.Digital Fantasy Sports native token "DFS" is solving real-world PROBLEMSsuch as different virtual money, transparency, issues of exchange of fiat to cryptocurrency, security issues, delays in payout, restrictions in gaming as a result of gambling regulations in some country, similar games across various platforms, high fees, and many more.Digital Fantasy Sports token "DFS" is developed as an Ethereum-based cryptocurrency for Esports tournaments platforms for prevalent games such as COD, FIFA, Rocket League, FORTNITE, Counter-Strike Global offensive (CS-GO), PUBG and many more that you can access on the platform.

DFS SOLUTIONS TO THE AFOREMENTIONED PROBLEMS

BENEFITS OF USING DFS PLATFORM

GAMES ON THE DFS PLATFORM

PURCHASING DFS TOKEN

Users can purchase DFS token using their Visa card, American Express card, and Mastercard, PayPal, and various cryptocurrencies such as Ethereum, Ripple, Dash, Neo, Bitcoin, Monero and others on the Digital Fantasy Sports platform.

However, DFS token is tradable in the following exchanges:
Idex
Radar
Relay
Wandex

CONCLUSION

Digital Fantasy Sports adopting the Blockchain technology is seen to have the potential to revolutionize an extensive range of industries. Play the DFS arcade games, compete in the tournaments every night, and many more to win DFS tokens which can be exchangeable to other cryptocurrencies. More so, do not forget to join DFS Discord where a lot of DFS bounties awaits you while you are being rewarded DFS tokens.

GET IN TOUCH WITH DIGITAL FANTASY SPORTS

WEBSITE
WHITE PAPER
DISCORD
TWITTER
REDDIT
INSTAGRAM
TWITCH
BITCOINTALK
YOUTUBE
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LOW CAP - COINDEAL Listing - Digital Fantasy Sports (DFS)

The Digital Fantasy Sports (DFS) which is a premium blockchain sports arcade, an innovative fantasy sports gaming token and arcade based on the blockchain technology power driven by Ethereum smart contracts, emerge a winner in the 11th voting on the Coindeal platform. Coindeal exchange announced the Digital Fantasy Sports native token "DFS" as the winning cryptocurrency and will be trading on the Coindeal exchange between now and January 2019 after every necessary documentation. Every Digital Fantasy Sports and Coindeal's platform users will be able to trade on the vote of confidence –DFSToken.

WHY CHOOSE COINDEAL?

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Hussman On The Three Great Delusions: Paper Wealth, A Booming Economy, & Bitcoin

Authored by John Hussman via HussmanFunds.com,
"Let us not, in the pride of our superior knowledge, turn with contempt from the follies of our predecessors. The study of the errors into which great minds have fallen in the pursuit of truth can never be uninstructive.”
_– Charles Mackay
Extraordinary Popular Delusions and the Madness of Crowds_Delusions are often viewed as reflecting some deficiency in reasoning ability. The risk of thinking about delusions in this way is that it encourages the belief that logical, intelligent people are incapable of delusion. An examination of the history of financial markets suggests a different view. Specifically, faced with unusual or extraordinary price advances, there is a natural tendency (particularly in the presence of crowds, feedback loops, and potential rewards) to look for explanations. The problem isn’t that logic or reason has failed, but that the inputs have been distorted, and in the attempt to justify the advance amid the speculative excitement, careful data-gathering is replaced by a tendency to confuse temporary factors for fundamental underpinnings.
While true psychological delusions are different from financial ones, a similar principle is suggested by psychological research. Delusions are best understood not as deficiencies in logic, but rather as explanations that have been logically reached on the basis of distorted inputs. For example, individuals with delusions appear vulnerable to differences in perception that may involve more vivid, intense, or emotionally-charged sensory input. While those differences might be driven by neurological factors, the person experiencing these unusual perceptions looks to develop an explanation. Maher emphasized that despite the skewed input, the delusions themselves are derived by completely normal reasoning processes. Similarly, Garety & Freeman found that delusions appear to reflect not a defect in reasoning itself, but a defect “which is best described as a data-gathering bias, a tendency for people with delusions to gather less evidence” so they tend to jump to conclusions.
The reason that delusions are so hard to fight with logic is that delusions themselves are established through the exercise of logic. Responsibility for delusions is more likely to be found in distorted perception or inadequate information. The problem isn’t disturbed reasoning, but distorted or inadequate inputs that the eyes, ears, and mind perceive as undeniably real.
Let’s begin by examining the anatomy of speculative bubbles. We’ll follow with a discussion of three popular delusions that have taken hold of the crowd, and the premises that drive them: the delusion of paper wealth, the delusion of a booming economy, and the delusion that is Bitcoin.

The anatomy of speculative bubbles

Across centuries of history, speculative financial bubbles have repeatedly emerged from the seeds of distorted financial environments, where speculative behavior increasingly produces self-reinforcing feedback. Specifically, the speculative behavior of the crowd results in rising prices that both impress and reward speculators, and in turn encourage even greater speculation. The more impressed the crowd becomes with the result of its own behavior, the more that behavior persists, and the more unstable the system becomes, until finally the flapping wings of a butterfly become sufficient to provoke a collapse, launching a self-reinforcing feedback loop in the opposite direction.
The 1929 bubble was built on the foundation of real economic prosperity during the roaring 20’s, but the late stages of that boom were largely fueled by debt and easy money. Observing the persistent market advance, investors largely ignored the contribution of their own speculation in producing that advance. Rather, as traditional valuation measures became increasingly stretched, the first impulse of investors was to try to justify_ the elevated valuations in novel ways, which gradually became nothing but excuses for continued speculation. As John Kenneth Galbraith wrote decades ago in his book, _The Great Crash 1929:
“It was still necessary to reassure those who required some tie, however tenuous, to reality. This process of reassurance eventually achieved the status of a profession. However, the time had come, as in all periods of speculation, when men sought not to be persuaded by the reality of things but to find excuses for escaping into the new world of fantasy.”
Keep in mind that yes, the economy was strong, business was booming, and money was easy. The problem was that investors stopped thinking about stocks as a claim on a very, very long-term stream of discounted cash flows. Valuations didn’t matter. It was enough that the economy was expanding. It was enough that earnings were rising. Put simply, the trend_ of earnings and the economy, not the actual _level of valuation, became the justification for buying stocks. Graham & Dodd described this process:
“During the latter stage of the bull market culminating in 1929, the public acquired a completely different attitude towards the investment merits of common stocks… Why did the investing public turn its attention from dividends, from asset values, and from average earnings to transfer it almost exclusively to the earnings trend, i.e. to the changes in earnings expected in the future? The answer was, first, that the records of the past were proving an undependable guide to investment; and, second, that the rewards offered by the future had become irresistibly alluring.
“Along with this idea as to what constituted the basis for common-stock selection emerged a companion theory that common stocks represented the most profitable and therefore the most desirable media for long-term investment. This gospel was based on a certain amount of research, showing that diversified lists of common stocks had regularly increased in value over stated intervals of time for many years past.
“These statements sound innocent and plausible. Yet they concealed two theoretical weaknesses that could and did result in untold mischief. The first of these defects was that they abolished the fundamental distinctions between investment and speculation. The second was that they ignored the price of a stock in determining whether or not it was a desirable purchase.
“The notion that the desirability of a common stock was entirely independent of its price seems incredibly absurd. Yet the new-era theory led directly to this thesis… An alluring corollary of this principle was that making money in the stock market was now the easiest thing in the world. It was only necessary to buy ‘good’ stocks, regardless of price, and then to let nature take her upward course. The results of such a doctrine could not fail to be tragic.”
– Benjamin Graham & David L. Dodd, Security Analysis, 1934The 2000 tech bubble featured the same process in a slightly different form. The inputs and premises that investors observed were valid, but incomplete. Economic growth and employment were strong, and money was easy. The internet did indeed have tremendous growth prospects. But again, as the advance became more speculative, investors largely ignored the impact of their own speculation in producing that advance. Instead, their first impulse was again to try to _justify_the elevated valuations in novel ways (recall “price-to-eyeballs”). By March 2000, on the basis of historically reliable valuation measures, I projected that a retreat to normal valuations would require an -83% plunge in tech stocks. In the 19 months that followed, that estimate turned out to be precise for the tech-heavy Nasdaq 100 Index.
The mortgage bubble leading up to the global financial crisis was built on the same sort of distorted inputs, this time fueled by the insistence of the Federal Reserve to hold interest rates at just 1% after the tech collapse. As yield-starved investors looked for relatively safe alternatives to low-yielding Treasury securities, they turned to mortgage securities, which had to-date never experienced major losses. Wall Street responded to the appetite for more “product” by creating new mortgage securities, which required the creation of new mortgages, and led to the creation of no-doc, zero-down mortgages and the willingness to lend to anyone with a pulse. All of this produced a glorious period of temporary prosperity and rising prices. As usual, instead of recognizing the impact of their own speculation in producing the advance, the first impulse of investors was to try to justify why elevated asset and housing valuations made sense.
As the bubble expanded, Janet Yellen, then the head of the San Francisco Federal Reserve, offered this benign assessment of the risks:
“First, if the bubble were to deflate on its own, would the effect on the economy be exceedingly large? Second, is it unlikely that the Fed could mitigate the consequences? Third, is monetary policy the best tool to use to deflate a house-price bubble? My answers to these questions in the shortest possible form are, ‘no,’ ‘no,’ and ‘no’ … It seems that the arguments against trying to deflate a bubble outweigh those in favor of it. So, my bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank’s goal variables—output, employment, and inflation.”
Missing from Yellen’s benign assessment was the fact that the speculative distortion and debt buildup _enabled by the bubble itself_ would be the primary driver of the worst economic collapse since the Great Depression. The Fed appears to exclude such risks from its thinking, despite the fact that the worst economic collapses in history have generally gone hand-in-hand with episodes of financial speculation and their inevitable collapse.
In the apparent attempt to bookend her term as Fed Chair by brushing aside the current progression toward financial collapse with an equally benign and milquetoast risk assessment, Janet Yellen observed on December 14, 2017:
“If there were an adjustment in asset valuations, the stock market, what impact would it have on the economy, and would it provoke financial stability concerns? … I think when we look at other indicators of financial stability risks, there’s nothing flashing red there, or possibly even orange.”
Despite risks that I fully expect to devolve into a roughly -65% loss in the S&P 500 over the completion of the current market cycle, it’s absolutely critical to distinguish the long-term effects of valuation from the shorter-term effects speculative pressure. Historically-reliable valuation measures are remarkably useful in projecting long-term and full-cycle market outcomes, but the behavior of the market over shorter segments of the market cycle is driven by the psychological inclination of investors toward speculation or risk-aversion. The most useful measure we’ve found of that psychological inclination is the uniformity or divergence of market internals across a broad range of individual stocks, industries, sectors, and security types (including debt securities of varying creditworthiness). When investors are inclined to speculate, they tend to be indiscriminate about it.
In the recent advancing half-cycle, the speculation intentionally provoked by zero-interest rate policy forced us to elevate the priority of market internals to a far greater degree than was required during the tech and mortgage bubbles. It was necessary to prioritize the behavior of market internals even over extreme “overvalued, overbought, overbullish” features of market action. Those syndromes were effective in other cycles across history, but in the advancing half-cycle since 2009, our bearish response to those syndromes proved to be our Achilles Heel. The process of adaptation was very incremental, and therefore painful in the face of persistent speculation. We’ve adapted our investment discipline so that without exception, a negative market outlook can be established only in periods when our measures of market internals have also deteriorated. A neutral outlook is fine when conditions are sufficiently unfavorable, but establishing a negative outlook _requires_ deterioration and dispersion in market internals.
Faced with extreme valuations, the first impulse of investors should not be to try to justify those valuation extremes, but to recognize the impact of their own speculative behavior in producing and sustaining those extremes. It then becomes essential to monitor market conditions for the hostile combination of extreme valuations and deteriorating market internals. At present, we observe that combination, but would still characterize the deterioration in market internals as “early,” in the sense that it’s permissive of abrupt market losses, but not severe enough to infer a clear shift from speculation to risk-aversion among investors.

The delusion of paper wealth

Across history, the evaporation of paper wealth following periods of speculation has repeatedly taught a lesson that is never retained for long. Unfortunately, the lesson has to be relearned again and again because of what J.K. Galbraith referred to as “the extreme brevity of the financial memory.” Speculation is dangerous because it encourages the belief that just because prices are elevated, they must somehow actually _belong_ there. It encourages the belief that the paper _itself_is wealth, rather than the stream of future cash flows that investors can expect their securities to deliver over time.
On Saturday, December 16, the St. Louis Fed posted a rather disturbing tweet: “Negative interest rates may seem ludicrous, but not if they succeed in pushing people to invest in something more stimulating to the economy than government bonds.”
This tweet was disturbing because it reflects a strikingly flawed understanding of financial markets. A moment’s reflection should make it obvious that once a security is issued, whether it’s a government bond or a dollar of base money, that security must be held by someone, at every point in time, until that security is retired. The only way to get people to invest in something “more stimulating to the economy” than government bonds is to stop issuing government bonds.
It takes only a bit more thought to recognize that securities, in themselves, are not net_ wealth. Rather, every security is an asset to the holder, and an equivalent liability to the issuer. If Joe borrows dollars from Mary to buy something from Bob, Joe issues an IOU to Mary, Mary transfers her dollars to Joe, and the dollars end up in Bob’s hands. The IOU is a new security, but it doesn’t represent new economic _wealth. It’s just evidence of the transfer of current purchasing power from Mary to Joe, and a claim on the transfer of future purchasing power from Joe to Mary.
Neither the creation of securities, nor changes in their price, create _net_ wealth or purchasing power for the economy. Yes, an individual holder of a security can obtain a _transfer of wealth_from someone else in the economy, _provided that the holder actually sells the security_ to some new buyer while the price remains elevated. But in aggregate, the economy cannot consume off of its paper “wealth,” because in aggregate, those paper securities cannot be sold without someone else to buy them, and those paper securities must be held by _someone_ until they are retired.
What actually matters, in aggregate, is the stream of cash flows. Specifically, the activity that produces actual_ economic wealth is _value-added production, which results in goods and services that did not exist previously with the same value. Value-added production is what actually “injects” purchasing power into the economy, as well as the objects available to be purchased.
I’ve detailed the mechanics of “stock-flow accounting” in previous commentaries, so it will suffice here to cut to the bottom line. If one carefully accounts for what is spent, what is saved, and what form those savings take (securities that transfer the savings to others, or tangible real investment of output that is not consumed), one obtains a set of “stock-flow consistent” accounting identities that must be true at each point in time:
1) Total real saving in the economy must equal total real investment in the economy;
2) For every investor who calls some security an “asset” there’s an issuer that calls that same security a “liability”;
3) The _net_ acquisition of all securities in the economy is always precisely zero, even though the gross issuance of securities can be many times the amount of underlying saving;
4) When one nets out all the assets and liabilities in the economy, the only thing that is left – the true basis of a society’s net worth – is the stock of real investment that it has accumulated as a result of prior saving, and its unused endowment of resources. Everything else cancels out because every security represents an asset of the holder and a liability of the issuer. Securities are not _net_ wealth.
Conceptualizing the “stock of real investment” as broadly as possible, the wealth of a nation consists of its stock of real private investment (e.g. housing, capital goods, factories), real public investment (e.g. infrastructure), intangible intellectual capital (e.g. education, knowledge, inventions, organizations, and systems), and its endowment of basic resources such as land, energy, and water. In an open economy, one would include the net claims on foreigners (negative, in the U.S. case). A nation that expands and defends its stock of real, productive investment is a nation that has the capacity to generate a higher long-term stream of value-added production, and to sustain a higher long-term standard of living.
Understand that securities are not net economic wealth. They are a claim of one party in the economy – by virtue of past saving – on the future output produced by others. When paper “wealth” becomes extremely elevated or depressed relative to the value-added produced by an economy, it’s the paper “wealth” that adjusts to eliminate the gap.
Several years ago, I introduced what remains the single most reliable measure of valuation we’ve ever developed or tested, easily outperforming popular measures such as the Fed Model, price/forward operating earnings, the Shiller CAPE, price/NIPA profits, and a score of other alternatives. From the above discussion, it shouldn’t be surprising that this measure is based on the ratio of equity market capitalization to corporate gross-value added. Specifically, the chart below shows the market capitalization of U.S. nonfinancial equities, divided by the gross value-added of U.S. nonfinancial companies, including estimated foreign revenues. This measure is shown on an inverted log scale (blue line, left scale). The red line shows _actual subsequent_ S&P 500 average annual nominal total return over the following 12-year period. We prefer a 12-year horizon because that’s where the “autocorrelation profile” of valuations (the correlation between valuations at one point and valuations at any other point) reaches zero. Presently, we estimate negative total returns for the S&P 500 over the coming 12-year period.

Among the valuation measures we find best correlated with actual S&P 500 total returns in market cycles across history, the S&P 500 is currently more than 2.8 times its historical norms. Importantly, this estimate of overvaluation is not somehow improved by accounting for the level of interest rates. The reason is that interest rates and economic growth rates are highly correlated across history. Lower interest rates only “justify” higher market valuations provided that the trajectory of future cash flows is held constant. But if interest rates are low because growth rates are also low (which we’ll establish in the next section below), no valuation premium is “justified” at all.
So even given the level of interest rates, we expect a market loss of about -65% to complete the current speculative market cycle. That’s a much different proposition, however, than saying that this collapse will occur right away. If you watch financial television, you’ll hear a great deal of chatter about the “fundamental support” below current prices. But attend carefully, and you’ll find that nearly all of these arguments reduce to a list of factors that make the investment environment feel good at the moment. These feel-good factors are being extrapolated into the future just as surely as Irving Fisher did in 1929 when he proposed that stocks had reached “a permanently high plateau.”
The best place to watch for cracks in this narrative is not valuations; they are already extreme, and are uninformative about near-term outcomes. Rather, it’s essential to monitor the uniformity of market internals across a wide range of individual securities (when investors are inclined to speculate, they tend to be indiscriminate about it). We’ve already observed deterioration in our key measures of market internals, but I would still characterize that deterioration as “early.”
Extending our focus beyond immediate conditions, the chart below shows the total market capitalization of nonfinancial and financial U.S. corporations, along with three lines. The lowest red line shows total gross-value added (GVA) of U.S. corporations. The green line shows 1.2 times total GVA, representing the pre-bubble norm around which market capitalization has historically traded. That green line is the level historically associated with S&P 500 total returns of roughly 10% annually, though the same level today would be associated with lower expected future returns, because structural economic growth is lower today than in the past. The purple line is essentially the most “optimistic” value-line, in that no bear market in history, including the 2002 low, has failed to reach or violate that level.

The upshot is this. At present, U.S. investors are under the delusion that the $37.3 trillion of paper wealth in their equity portfolios represents durable purchasing power. Unfortunately, as in 2000 and 2007, they are likely to observe an evaporation of this paper wealth. Nobody will “get” that wealth. It will simply vanish. If a dentist in Poughkeepsie sells a single share of Apple a dime lower than the previous trade, over $500 million dollars of paper wealth is instantly wiped from the stock market. That’s how market capitalization works. Over the completion of this market cycle, we estimate that between $19.8 and $24.2 trillion in paper “wealth” will evaporate into thin air.
While our immediate market outlook remains only moderately negative, based on the still-early deterioration we observe in market internals, recognize that from a valuation perspective, we are now witnessing the single most offensive speculative extreme in history. The chart below shows my variant of Robert Shiller’s cyclically-adjusted P/E, which substantially improves the correlation with subsequent market returns by accounting for variation in the embedded profit margin. The current extreme exceeds both the 1929 and 2000 highs.

The chart below shows the correlation of our Margin-Adjusted CAPE with actual subsequent S&P 500 total returns, in nearly a century of market history. As we observe with MarketCap/GVA, the Margin-Adjusted CAPE presently implies negative expected S&P 500 total returns over the coming 12-year horizon.

The delusion of a booming economy

A second delusion, unleashed by exuberance over the prospect of tax reductions, is the notion that U.S. growth has even a remote likelihood of enjoying sustained 4% real growth in the coming years. The most frequent reference is to the years following the Reagan tax cut, followed closely by references to the Kennedy tax cuts. This particular delusion is undoubtedly an example what Garety & Freeman described as “a data-gathering bias, a tendency for people with delusions to gather less evidence.”
The central feature of both the Reagan and Kennedy tax cuts was that they were enacted at points that provided enormous slack capacity for growth. In particular, the Reagan cuts were enacted at a point where the unemployment rate had hit 10%, and an economic expansion was likely simply by virtue of cyclical mean-reversion. The Kennedy tax cuts (which brought the top marginal tax rate down from 90%) occurred as baby-boomers were just entering the labor force, again providing enormous capacity for growth.
Presently, the situation is the reverse. The structural drivers of U.S. economic growth are likely to constrain real U.S. GDP growth to less than 2% annually in the coming years, even in the unlikely event that corporate tax cuts encourage increased gross domestic investment. Corporate profits are already near record levels. The effective U.S. corporate tax rate (taxes actually paid as a fraction of pre-tax income) is already at 20% even without tax cuts. We know from the 2004 repatriation holiday that tax breaks on foreign profits encouraged little but special dividends and share buybacks. Already, the available corporate surplus is being primarily driven into dividend payouts, share buybacks, and mergers and acquisitions, rather than real investment.
Frankly, the notion that corporate tax cuts will unleash some renaissance in U.S. real investment and growth would be laughable if the bald-faced corporate giveaway wasn’t so offensive. The policy not only vastly favors the wealthy, but is even more preferential to wealthy individuals who take their income in the form of profits rather than wages. The current tax legislation isn’t some thoughtful reform to benefit Americans. It’s a quickly planned looting through a broken window in our nation’s character.
On the subject of economic growth, an examination of the structural drivers of economic growth will illuminate the current situation. _Real economic growth is the sum of two components: employment growth plus productivity growth._ That means growth in the number of employed workers, plus growth in the level of output per-worker.
We can further break employment growth into “structural” and “cyclical” components. The structural part is determined primarily by demographics, particularly population growth and the age distribution of the working-age population. The cyclical part is determined by fluctuations in the unemployment rate (which is equal to 1-civilian employment/civilian labor force). If civilian employment grows faster than the civilian labor force, the unemployment rate falls. If the civilian labor force grows faster than civilian employment, the unemployment rate rises.
Let’s take a look at these components, and how they’ve changed over the decades. You’ll quickly see that while a quarterly pop in GDP growth is always possible, expectations of _sustained_ 4% real GDP growth fall into the category of “delusion.”
The first chart below shows the civilian labor force, on a log scale (so trendlines of different slopes represent different growth rates). For much of the post-war period until about 1980, the growth rate of the civilian labor force averaged about 1.8% annually. That growth slowed to 1.2% until about 2010. That 2010 figure is 1945 plus 65; the year that the first post-war baby-boomers hit retirement age. Since then, the growth rate of the civilian labor force has dropped to just 0.4% annually. That’s demographics.

Now let’s take a look at productivity growth. In the early years of the post-war era, labor productivity increased at a rather explosive 2.6% annual growth rate. Growth then gradually slowed to about 1.9% annually, though in fits and starts, until about 2003. Over the past 14 years, U.S. productivity growth has slowed to just 0.6% annually.

One of the core drivers of long-term productivity growth is expansion in net U.S. domestic investment (in excess of depreciation). As a general rule, booms in real U.S. investment are closely associated with deterioration in the trade deficit, because we export securities to foreigners in order to finance the boom. Because payments have to balance, this means we also export fewer goods for any given level of imports. The bottom line is that investment booms tend to be associated with larger trade deficits, so not surprisingly, booms in U.S. real investment typically emerge from a position of near-balance or surplus in the U.S. current account.
Now, add the current 0.4% growth rate in the civilian labor force to 0.6% growth in productivity, and you get the current “structural” growth rate of the U.S. economy; that is, the growth rate we would observe in the absence of changes in the unemployment rate. That structural growth rate has deteriorated to just 1% annually. The labor force component of structural growth is largely baked in the cake due to demographics, which in the absence of a substantial increase in the rate of immigration, leaves productivity growth as the main factor that could raise structural U.S. growth.
Still, given civilian labor force growth of just 0.4%, even a steep acceleration of productivity growth from the current rate of 0.6% to the 1972-2008 rate of 1.9% would still produce only 2.3% structural economic growth. Anything greater than that would have to be driven by a decline in the unemployment rate from the already low level of 4.1%.
It’s worth noting that U.S. economic growth has expanded at a rate of 2.1% annually in the 7-year period since 2010 (I’ve chosen a 7-year period to confine growth to the recent expansion, without including data from the global financial crisis). What’s remarkable about this is that nearly half of this growth is attributable to a decline in the U.S. unemployment rate, which is a wholly cyclical factor.
The chart below shows what’s going on. The blue line shows actual 7-year real growth in U.S. GDP across history. The red line shows the “structural” component of GDP growth, excluding the effect of changes in the unemployment rate. The green line shows the contribution to 7-year growth from changes in unemployment. Put simply, in the absence of further declines in the U.S. unemployment rate, U.S. real GDP growth is likely headed toward 1% annually, not 4% annually.

If our policy makers are interested in boosting long-term structural U.S. GDP growth, they should be providing direct and targeted tax incentives for real investment, education, research & development, and other factors that could, over time, increase our nation’s productive capacity. Instead, they’ve opted for a giveaway to corporations and wealthy individuals, which will likely expand the deficit while doing virtually nothing for economic growth. Since 1950, the U.S. unemployment rate has been below 4.5% about 20% of the time. Over the following 5-year period, real federal tax revenues grew at an average rate of less than 1% annually. Given current structural economic constraints, and barring a further decline in the unemployment rate from an already low 4.1%, there’s a significant likelihood that government revenues will actually contract in the coming years.

The delusion of Bitcoin

“We find that whole communities suddenly fix their minds upon one object, and go mad in its pursuit; that millions of people become simultaneously impressed with one delusion, and run after it, till their attention is caught by some new folly more captivating than the first”
– Charles Mackay With regard to Bitcoin, my view is that the Blockchain algorithm itself is brilliant. Bitcoin itself, however, is just one application of Blockchain, and a rather awkward one. It’s not unique, meaning that other competing “cryptocurrencies” can be established just as easily. It’s not fiat, meaning that no country requires it to be used as legal tender. But beyond anything else, its inefficiency is so mind-boggling that the continued operation of the Bitcoin network could plausibly contribute to global warming. So be careful to distinguish Blockchain from Bitcoin. The Blockchain algorithm will undoubtedly become a useful component of validating transactions, tracking supply chain movements, and all sorts of other applications, but Bitcoin itself is likely to become the same thing to cryptocurrencies as Visicalc was to spreadsheets, or if you’re younger, what MySpace was to social networking.
Bitcoin essentially uses a decentralized network of computers (anyone can join) that “listen” for transactions that are broadcast over the network. Each computer can accept and attempt to validate any “block” of transactions, which is done by discovering a particular “hash” for those transactions. The hash is a long string of ones and zeros corresponding to the input, and has to satisfy the current level of “difficulty” (specifically, a certain number of leading zeros). The difficulty is set so that only one block of transactions is validated every 10 minutes or so, across the entire network. The maximum size of a Bitcoin transaction block is 1MB, which is about 2000 transactions. That’s the total number of Bitcoin transactions that can be processed worldwide in any 10-minute interval.
When you’re trying to validate a block of transactions, an extra transaction is included which designates a reward to your own account if you’re successful. Whoever discovers a hash that validates their block gets a reward, in Bitcoin. That’s what “mining” means. The validated block is added to the Blockchain – essentially a running ledger of every transaction ever made. The header for the next block has to contain the hash of the previously validated block (which is what creates the block “chain”).
But here’s the thing. Every time a block is validated, a single node in the network gets a reward, and everyone else’s computing time is completely wasted. Those required computations already absorb the same amount of energy as the entire country of Denmark. Some people will get mad at that statement, arguing that it may only be half of Denmark. Ok. Ireland, along with more than 150 other countries. We can wait a few months to include Denmark.
So ultimately, the Bitcoin features a combination of breathtaking inefficiency and constrained scalability. The system already features a rather steep cost per transaction, and hardly any of those transactions are for the purchase of goods and services. I’ve regularly observed that the value of a currency is essentially the present value of the stream of “services” that the currency can be expected to deliver over time, either by serving as a means of payment or as a store of value. That depends greatly on the willingness of other individuals to hold it and accept it into the indefinite future. My sense is that, as with all speculative bubbles, buyers are conflating “rising price” with “store of value.” Meanwhile, there’s little evidence to suggest that Bitcoin will ever be an efficient means of payment for ordinary goods and services.
Episodes of speculation can persist for some time, so there may be some speculative profit potential in Bitcoin yet. Looking over the very long-term, it may also be worth something in the future, because value is always ascribed to things that have some combination of scarcity and usefulness. To the extent that Bitcoin is assured to have a limited supply, and is undoubtedly being used for money-laundering already, I doubt that the future value of Bitcoin will be identically zero, assuming governments refrain from any regulatory effort. There will likely be numerous alternative cryptocurrencies launched in the future, each one constructed to first enrich its originator with a large number of units, and then released in the hope that it will catch on. In evaluating these alternatives, efficiency and scalability will be worth considering.

A final note

While I have little to offer in support of speculative delusions about paper wealth, improbable growth expectations, or Bitcoin, I’d be remiss to write a commentary without acknowledging the many things that can be fully embraced. From an investment standpoint, every market cycle in history has ended at valuations consistent with prospective future market returns of at least 8% annually, and more often well above 10% annually. Even if the future will be permanently different, and even 8% return prospects will never ever be seen again, the prospect of _negative_12-year returns is likely to be resolved in far fewer than 12 years (as similarly poor prospects were within 2 years of the 2000 market peak).
The strongest expected market return/risk classifications we identify emerge when a material retreat in valuations is joined by an early improvement in market action. While we can’t identify when that opportunity will occur, I expect that the cumulative market return between now and that point will be negative, because even a gradual 2-year improvement in prospective 12-year S&P 500 returns to just 4% would require a market loss of more than 20% over that 2-year period. In my view, a defensive posture here is an optimistic stance, because it recognizes the likelihood that prospective returns will again be positive before too long. I actually expect a much more substantial improvement in prospective market returns, but as in 2000 and 2007, that would require much deeper market losses than investors seem to contemplate.
So if there is something in the financial markets to be optimistic about, it’s the prospect of opportunities that will evolve over the completion of the current market cycle. Despite extreme valuations in this cycle, we’ve learned to limit negative market outlooks to periods featuring deteriorating and divergent market internals. We observed that shift last month, but I’d still call it “early” deterioration; permissive of abrupt losses but not yet encouraging aggressive downside expectations. We’ll respond to market conditions as they change.
submitted by rotoreuters to zerohedge [link] [comments]

Don't have time to write your own league recaps or just want a new voice to tell your league mates why they're all terrible? Introducing RecapMyLeague's personalized weekly match-up recaps, roster move updates, and power rankings!

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Prices are subject to change based on availability, and there is flexibility as far as customization of packages go. These are also based on leagues up to 12 members, depending on what package you wanted something may have to be worked out for larger leagues.
Information about the power rankings - I use GATOR7862's ranking chart as a guide, (and occasionally deviate from them if I deem it necessary) and add my own analysis, summary, and explanation.
Contact: [email protected] DammitChris All payment will have to be made in either Paypal or Bitcoin. I also have a barebones site with some information at RecapMyLeague.wordpress.com, but I tried to put everything relevant in this post to limit your need for a scavenger hunt.
submitted by DammitChris to fantasyfootball [link] [comments]

My list of terms that I would love to see people stop using on /r/bitcoinmarkets in order to facilitate better discussion

I've been a long time subscriber to this subreddit and contribute every once in a while when I feel strongly. Recently, I've seen a lot of terminology that I wish would just go away completely, which I believe would make this a better place:
1) Despair
Any one who uses this is describing a part of the bubble cycle, insinuating that a low price is going to kick off exponential growth. Just stop it. Sometimes the market is low not because of an imaginary despair phase, but because bitcoin is not valued at any more than the current price. Every time the price gets lower, someone posts about "true despair" or "the real beginning of the despair phase". All of these, rephrased, could just be saying, "I believe this is the lowest point before the next bubble." For some reason saying it like I just did will get you downvoted, but saying "despair phase" is acceptable. We may not be in a bubble phase anymore, so this terminology is great to describe the past, but not to predict the future.
2) Bubble (and all bubble terminology)
For many of the same reasons above, this sub had countdowns to the bubble (to the day even), bubble charts (no offense to moral-agent, at least he posted something other than words and takes time every day to do it), and bubble terminology gone wild. Everywhere you look it's bubble phase this, despair phase that, silk road 2.0 this, launching pad that. We really need to cut all of that. There is no guaranteed bubble, and thus this terminology is silly. As stated above, it's good to describe the past, but there's no way to know what phase we're in right this instant, if it's even a "phase" at all.
3) Meme-like Phrases
Some recent ones:
Let the weak hands fold
Blood in the streets
Time to buy cheap coins
Good news, let's watch the price plummet
I'm sure there's many more that you can all help me out with because they're everywhere. These add nothing to the discussion because they've all been said so many times. Someone out there ALWAYS thinks the coins are cheap. We get it. Unless you bring out some reasoning, the quotes by themselves are just garbage. And usually if someone is presenting evidence, they don't use the above terms.
These are the ones that immediately come to mind, although 2 and 3 encompass several phrases.
I don't want to just yell and scream about not liking certain terms. I let things like "HODL" go all the time because it's used in a joking manner. The very basis of it is a joke. But many of these "memes" are used as trading advice, such as the blood in the streets line. Don't do that. Don't spout something you heard someone else say and present it as good advice. Yes, you should never listen to a random internet stranger, but it's not about the one person. It's about the echo chamber perma-bull propaganda that this sub can permeate around here sometimes.
We really need to step back and break the fantasy that bitcoin, in the end, will go up. When we assume this, there's a TON of things that we start saying because, with that assumption, they are true. Things like cheap coins, blood in the streets, bubble terminology, etc. They're all indicative of a believed delusion that we cannot prove. I'm all for feeling bullish. I am, in fact, bullish as well. However, just because I'm a bull doesn't mean I believe the price will break $1k by the end of the year. Hell, we might have already hit the all time high. I'm still bullish because I think bitcoin will grow from where it is right this instant. However, I understand that there may be no bubble, and the "growth" we see could just be marginal gains each each, not explosive growth.
So this is my humble request /bitcoinmarkets. Please stop using the terms above, as they do not facilitate good discussion, which is what this sub is usually really good at. Sorry if I sound like a Debbie Downer. This sub usually has great discussion and a lot of good analysis. Recently, this sort of language has been creeping more and more into the daily discussion, and I wanted to call it out before it becomes a bigger problem.
Be excellent to each other, and let's get back to some really nice discussion, not just some silly terminology that is devoid of any real meaning.
Cheers.
Edit: I guess I should clarify one other thing. This isn't the fault of the people who post them, but it's more on the back of the community that upvotes them. I know these things will literally always be posted. I guess this is more of a call to the community rather than a call to those posting. We really shouldn't be upvoting these sorts of posts because they don't further the entire purpose of the sub.
submitted by HeIsMyPossum to BitcoinMarkets [link] [comments]

The Bitcoin Phony Rally of November 2013 has distorted the price for all of 2014. Here's how:

(1) Someone apparently infiltrated a leading but unsecure exchange by using a virus/bot that created fraudulent data in MySQL and PHP so that they could pretend to have, say, over a hundred million dollars in fake fiat.
(2) They used this fake hundred million dollars to buy real bitcoins - spending, say, around 2 and half million fake dollars every few days, in over 40 buying sprees, to eventually scoop up around 270,000 real bitcoins over the course of a month.
(Note: As most traders know, buying a lot all at once like this usually isn't smart - because it causes a lot of "slippage" - ie, everyone sees the buyer starting to buy, and so the price rises before the buyer is finished buying. But in this case, since the "dollars" being spent are fake anyways, the buyer doesn't care if they make the price rise due to "slippage". The dollars they're spending didn't come from their bank account, because with a few keystrokes, some knowledge of PHP and MySQL - and access to the servers in Tokyo hosting this unsecure exchange - they were able to "magically" invent over a hundred million fake dollars out of thin air. They don't even have to suffer the privacy invasions and indignity of KYC/AML either.)
(3) Speculators around the world (especially the Chinese, who are said to enjoy speculating) got fooled by this phony price rise, making them think a major rally was underway. When they saw all this fake fiat being spent, they jumped on the bandwagon and spent their real fiat due to FOMO (fear of missing out).
This made the so-called "price" on this unsecure exchange go sharply upward by a factor of 12x in just one month: from USD 100 to USD 1,200 in November 2013.
Actually (due to the "no-arbitrage" principle of economics) the price went up around 12x on all markets around the world (including over-the-counter - OTC - and localbitcoins.com - LBC) because everyone (including the media) had fallen into the habit of using that leading but unsecure exchange (now secretly hosting a virus/bot) as their main pricing reference.
(4) Now the fake buyer disappears with 270,000 BTC, bought using fake fiat. The market peaks and eventually does a "mean reversion" (dropping from USD 1200 back down its more typical trend-line around USD 300). And the unsecure exchange which they infiltrated eventually declares bankruptcy and goes out of business due to fraud / incompetence / malfeasance.
(5) Now instead of everyone being excited and saying "Great, bitcoin went up 300% from USD 100 to USD 300 in just one year! Best investment of 2014!!" ...
Instead, everyone's depressed and saying "Damn, bitcoin went down 75% from USD 1,200 to USD 300 in one year! Worst investment of 2014!!"
Plus, a lot of people will be scared away by "volatility".

OK, we have no hard evidence that anything like the above scenario actually did take place in November 2013. But we do at least have circumstantial evidence of the existence of such a virus/bot (called Willy Bot) on Mt Gox:
https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/
So, what can we learn from this?
People need to realize that all the "good" news of 2014 regarding infrastructure and momentum (VCs, vendor acceptance, consumer awareness, remittance - plus the ongoing stability of the Bitcoin network itself, for over 5 years now) has been overshadowed by one very major piece of bad news:
We apparently let a virus/bot create an exciting but fake one-month 12x price spike of USD 100 to USD 1200 in November 2013... And now after that virus/bot has gone away, we're seeing a long and painful one-year 75% price drop from USD 1200 to USD 300 during 2014.
Maybe people need to reject the possibly fraudulent fantasy that the price ever legitimately was USD 1200. Maybe the price never "really" was USD 1200. Maybe we just need to get over that fantasy.
Why do we continue to base the "narrative", the "story" of bitcoin's price on this USD 1200 figure from a shady exchange which collapsed in scandal? - How do we know that "price" of USD 1200 wasn't just a figure of our collective imagination?
People did hand over 270,000 Bitcoins - that we do know for a fact.
But did they ever get USD 112 million in return?
(Ask the people who got screwed over by Mt Gox. Remember how Mt Gox was famous in 2013 because you couldn't get your fiat out. Hmm... wonder why that was? Could it be... that the fiat you "had" was actually from the Willy Bot - so that fiat never existed?? Sounds pretty plausible.)
Glass half-full or half-empty?
It's quite possible a virus/bot created the illusion that the price went from USD 100 to USD 1200 in one month. (And we do know that many people who tried to ride this wave upwards got screwed later when it crashed.)
Imagine if people had instead seen the price of bitcoin simply go up slowly but surely from USD 100 to USD 300 over the last 12 or 13 months.
I bet a lot more Russians would be trying to move their devaluing rubles into bitcoin right now... if we were at 300 USD, up from 100 USD last year, instead of being at 300 USD, down from 1200 USD last year. The Willy Bot makes all the difference between saying "Bitcoin worse than Ruble in 2014" versus "Bitcoin better than Ruble in 2014". It all depends whether you think Bitcoin started from USD 100 - or from USD 1200 - around November and December of last year.
So if this Mt Gox Willy Bot did indeed exist, then it seems like it has seriously injured the image of Bitcoin - and people's preference for it as an investment.
It's going to take time - and honesty and education - to put this damaging delusion of the Bitcoin Phony Rally of November 2013 behind us.
TL;DR - Someone apparently infected a major exchange with an "infinite fiat" virus to artificially pump the price up from USD 100 to USD 1200 in one month around November 2013. And then the price went back down from 1200 USD to USD 300 over the next year.
Result: Instead of saying "the price went up 3x in 2014" (from USD 100 to USD 300) everyone has ben saying "the price went down 4x [ie, down 75%] in 2014" (from USD 1200 to USD 300).
It's all relative. If you want a little more realism, maybe it's best to zoom out on the price chart - and ignore the Bitcoin Phony Rally of November 2013 - and focus on the steady rise from 100 to 300 USD, minus that totally fake-looking short-lived 12x blip.
submitted by delford to Bitcoin [link] [comments]

Subreddit Stats: badeconomics top posts from 2014-12-28 to 2015-12-26 14:40 PDT

Period: 363.19 days
Submissions Comments
Total 998 85609
Rate (per day) 2.75 234.43
Unique Redditors 240 2478
Combined Score 26803 402029

Top Submitters' Top Submissions

  1. 1933 pts, 76 submissions: u/urnbabyurn
    1. Guy praxes out why women should be virgins (66 pts, 184 comments)
    2. The Democratic POTUS primary debate thread (61 pts, 400 comments)
    3. In solidarity with reddit uprising, /badeconomics will not be the default sub in place of /economics. wumbotarian is Victoria and /praxacceptance has gone full Marxian. (59 pts, 101 comments)
    4. End of Memes! Central planning failure... (58 pts, 21 comments)
    5. Anyone else notice how quiet the economics subs get during Passover? (57 pts, 8 comments)
    6. "Once demand is high enough you don't need to lower your price" (49 pts, 73 comments)
    7. The BE reader - crowd sourcing chapters thread (49 pts, 141 comments)
    8. Feminism is responsible for stagnant wages (48 pts, 187 comments)
    9. Trade is worse than war! (44 pts, 72 comments)
    10. ELS series: we hate famous economists part 27 (44 pts, 85 comments)
  2. 1214 pts, 36 submissions: u/besttrousers
    1. Is a basic income badeconomics? No, not really. But there is a lot of badeconomics in the /basicincome FAQ (Part 1) (163 pts, 136 comments)
    2. "But companies still hire people because they have no choice but to. They need enough workers to meet the demands of the market and so they hire people. So if a layoff was to occur I'd occurred regardless of wage hike." (72 pts, 73 comments)
    3. "Piketty basically proved that r>g, which means capital tends to concentrate faster than the economy grows. This means our method of economics is destined to collapse." (58 pts, 25 comments)
    4. " The Chicago school seems to pretty much ignore money." (53 pts, 71 comments)
    5. [META] /badmathematics discusses Austrian economics (52 pts, 112 comments)
    6. Migrants respond to the market signal of high wages. They migrate, and some find jobs, and others do not. Those who do not find jobs end up on welfare rolls. Wages do not fall, and the market signal telling migrants to keep coming remains broadcasted to the world. (45 pts, 84 comments)
    7. I think I finally praxxed out why Austrians tend to be libertarians (43 pts, 36 comments)
    8. "The first paper [Diamond 1960] I have refuted, show me the damn data or go troll elsewhere.' (41 pts, 100 comments)
    9. "So again, I ask, what exactly would humans have a comparative advantage in?" (40 pts, 159 comments)
    10. The stock market has gone up ∴ we are in a bubble (38 pts, 118 comments)
  3. 1033 pts, 31 submissions: u/say_wot_again
    1. FUCK THE BABY BOOMERS!!! LOUD NOISES!!! (253 pts, 259 comments)
    2. Economics Is Too Important to Be Left to Economists (70 pts, 80 comments)
    3. Very Serious Economic Training vs. Free Trade (58 pts, 142 comments)
    4. TIL free movement of labor is a subsidy. (46 pts, 30 comments)
    5. The General Theory of Comments, Interest, and Stickies (42 pts, 25 comments)
    6. Apparently the simple act of being in New York now makes you too big to fail. (39 pts, 15 comments)
    7. Not Pictured: A credible model of macroeconomics (36 pts, 56 comments)
    8. Careful Sumner. Winter is coming. (35 pts, 71 comments)
    9. Low oil prices will lead to an oil shortage! People are batteries! And more gems. (32 pts, 51 comments)
    10. DAE live in a formalized fantasy world? (28 pts, 112 comments)
  4. 996 pts, 28 submissions: u/commentsrus
    1. User in /Politics unironically calls Integralds "Hitler" in a horrible thread about the Federal Reserve, Bitcoin, Anarcho-Marxism, and Basic Income. (202 pts, 17 comments)
    2. Kicked a girl out before sex after she started arguing that Keynesian/Hansen-Samuelson multipliers weren't real (104 pts, 68 comments)
    3. meconomist irl (85 pts, 79 comments)
    4. And the Lord Sanders sayeth unto /Politics: "There are only so many jobs we could extract from the jobs mines this year, and blessed is he who doesn't give them to immigrants." Amen. (53 pts, 91 comments)
    5. [Dank Meme] Wumbotarian's OPpR1ession (47 pts, 34 comments)
    6. How to replace the entire banking system with cryptocurrency in 3 years and what results it will bring (38 pts, 15 comments)
    7. "No European country benefits from Muslim immigration." Actually, Denmark's wages rose after an influx of Muslim refugees. "Ah yes, but no TRUE European country benefits." (38 pts, 86 comments)
    8. THIS JUST IN!! ECB Protester Josephine Witt has released a new statement regarding the excesses of the ECB (36 pts, 44 comments)
    9. Eastern Europeans are immigrating to the UK and are LITERALLY starting businesses! Call up the Jobs Patrol so we can start rationing NOW before the shelves go empty [go to 1:15] (36 pts, 31 comments)
    10. Today is Peter Schiff Day! Post all your dank Peter Schiff praxes to show solidarity. (35 pts, 54 comments)
  5. 894 pts, 29 submissions: u/wumbotarian
    1. PA Gov Tom Wolf thinks competition leads to higher prices. (84 pts, 78 comments)
    2. /socialism is praying that Venezuela "doesn't fuck up" centrally planning food distribution (76 pts, 132 comments)
    3. "Open borders? No, that's a Koch brothers proposal." (66 pts, 171 comments)
    4. Private Defense Agencies: AnCaps deny monopolies can exist (55 pts, 144 comments)
    5. "Inflation is the true opium of the masses." (47 pts, 37 comments)
    6. Angry neckbeards in /gaming don't understand how prices work in a a market economy. (44 pts, 160 comments)
    7. Bad monetary economics (42 pts, 106 comments)
    8. "You have to keep in mind that economics is a highly ideological field." (41 pts, 83 comments)
    9. WHO GETS THE BE NOMINATION? (34 pts, 227 comments)
    10. "Tax is price fixing which is known to break economies" so use Kickstarter to fund public goods instead! (33 pts, 110 comments)
  6. 857 pts, 33 submissions: u/HealthcareEconomist3
    1. [Meta] TrueReddit discusses /be (56 pts, 176 comments)
    2. [Low hanging fruit] /Futurology discusses basicincome (42 pts, 129 comments)
    3. "we have to accept the logic of 21st century capitalism is that it will constantly lower costs by adopting automation & a race to the bottom between the general working population & robots for less & less income is a road to nowhere." (42 pts, 122 comments)
    4. A superbly bad description of comparative advantage, complete failure to understand how currencies work, complete failure to understand a currency peg, absurd claim that China prints to buy up Treasuries and a complete misunderstand regarding how S/D works. (39 pts, 28 comments)
    5. High individual taxes encourage investment (39 pts, 59 comments)
    6. TPP quackery (37 pts, 50 comments)
    7. I bet about $3.50 this thread is going to be the worst econ thread of the year (36 pts, 149 comments)
    8. No title will do this thread appropriate justice (36 pts, 38 comments)
    9. 7 ways i made up a bunch of data about Switzerland (35 pts, 125 comments)
    10. Monetarism has special views on trade, economists oppose TPP, insanity about prices & competition etc (34 pts, 44 comments)
  7. 573 pts, 17 submissions: u/Jericho_Hill
    1. <-- # of Days Jericho_Hill replaces Wumbo as R1 Moderator (159 pts, 64 comments)
    2. Reward: Reddit Gold Task: Find the best badeconomics in the Bernie Sanders AMA live now (49 pts, 151 comments)
    3. In which HealthCare Economist is believed to be a covert agent of manipulation embedded by the intelligence community. (41 pts, 48 comments)
    4. All Economists believe in Trickle Down (39 pts, 120 comments)
    5. Physics isn't real science (38 pts, 17 comments)
    6. Technology = Return to Feudalism (30 pts, 29 comments)
    7. R1 Holiday contest comin' (29 pts, 79 comments)
    8. The BadEconomics Holiday Contest (29 pts, 1 comment)
    9. Unintended consequences (27 pts, 50 comments)
    10. In Which JH is called a retarded economist (22 pts, 44 comments)
  8. 487 pts, 24 submissions: u/lorentz65
    1. I like my labor lumpy and my employment serf-y. (38 pts, 27 comments)
    2. I'm audibly laughing and weeping while reading this thread. (33 pts, 75 comments)
    3. [Question] Why are the mods massive fascists? (31 pts, 32 comments)
    4. De immigranten! (29 pts, 68 comments)
    5. The poster child of badeverything. (26 pts, 39 comments)
    6. The internet exists therefore public goods don't real. QED. (26 pts, 58 comments)
    7. This sub-reddit should start doing more slam poetry (26 pts, 89 comments)
    8. We are not proselytizing enough praxbrothers! (25 pts, 60 comments)
    9. Causation goes from GDP=>everything bad. (25 pts, 40 comments)
    10. DAE Fed is a private bank! (21 pts, 22 comments)
  9. 441 pts, 7 submissions: u/Integralds
    1. Bernie Sanders' NYT Op-Ed on the Federal Reserve (234 pts, 445 comments)
    2. The Chart for /badeconomics (51 pts, 78 comments)
    3. Official Proposal for Two "Bad Economics Discussion Threads" per Week (proofs inside) (49 pts, 36 comments)
    4. List of Currencies by Realness [Public Service Announcement] (40 pts, 36 comments)
    5. I Just Spent Five Days Listening to Fox News (34 pts, 107 comments)
    6. Annual hours worked (17 pts, 19 comments)
    7. PSA: /dsge is now open for business (16 pts, 15 comments)
  10. 439 pts, 12 submissions: u/potato1
    1. Humanity is 10 cows. The economy is a butcher and/or a dairyman, and the dairyman only wants 7 of them. Jobs are when you avoid getting butchered and get milked instead. (58 pts, 36 comments)
    2. "[T]ariffs... are the only thing that allow workers here to continue making $10 an hour vs $.10 an hour because we tax imports from countries where they pay employees $.10 an hour" (52 pts, 41 comments)
    3. Law and Economics RI: "Every person on this subreddit should be aware of the Glass-Steagall act, because if it hadn't been repealed you'd be paying only 0.5% interest on your mortgage and student loans right now" (50 pts, 29 comments)
    4. Wealth is basically like character level in an MMORPG with player versus player combat, and like character level, wealth should have an absolute cap (46 pts, 210 comments)
    5. NAFTA was bad because it was bad for Detroit. Also, an increase in Americans' mean income is bad for the majority of Americans. (43 pts, 162 comments)
    6. "economist are like the Borg and don't care about regular people. They care about conglomerate entities like nations, corporations, etc. The smaller the conglomerate entity, the less of a shit economists give about it." (38 pts, 34 comments)
    7. "Why would greater productivity lead to higher wages and lower prices? There is little evidence to support that actually occurs in the real world." (36 pts, 62 comments)
    8. Printing more money causes deflation. Also, deflation is when prices of goods increase. Also, China caused the real estate bubble by "exporting deflation" though "flood[ing] the world with cheap products" (31 pts, 22 comments)
    9. This redditor has the solution for the Greek debt crisis, and indeed all economic problems across the globe: global jubilee (27 pts, 41 comments)
    10. Net Neutrality is communism. (25 pts, 88 comments)

Top Commenters

  1. u/besttrousers (30182 pts, 4648 comments)
  2. u/wumbotarian (25844 pts, 5992 comments)
  3. u/say_wot_again (17728 pts, 2805 comments)
  4. u/Integralds (15045 pts, 2290 comments)
  5. u/urnbabyurn (12655 pts, 2220 comments)
  6. u/commentsrus (11917 pts, 1969 comments)
  7. u/bdubs91 (6030 pts, 1629 comments)
  8. u/irondeepbicycle (5733 pts, 794 comments)
  9. u/-Rory- (5577 pts, 1115 comments)
  10. u/Jericho_Hill (5243 pts, 1195 comments)

Top Submissions

  1. FUCK THE BABY BOOMERS!!! LOUD NOISES!!! by u/say_wot_again (253 pts, 259 comments)
  2. Bernie Sanders' NYT Op-Ed on the Federal Reserve by u/Integralds (234 pts, 445 comments)
  3. User in /Politics unironically calls Integralds "Hitler" in a horrible thread about the Federal Reserve, Bitcoin, Anarcho-Marxism, and Basic Income. by u/commentsrus (202 pts, 17 comments)
  4. Is a basic income badeconomics? No, not really. But there is a lot of badeconomics in the /basicincome FAQ (Part 1) by u/besttrousers (163 pts, 136 comments)
  5. 10 Ways that TPP would hurt Working Families. Bernie Sanders AND the TPP, what's not to love?! by u/irondeepbicycle (160 pts, 115 comments)
  6. <-- # of Days Jericho_Hill replaces Wumbo as R1 Moderator by u/Jericho_Hill (159 pts, 64 comments)
  7. "Now that the text of the Trans-Pacific Partnership has finally been released, it is even worse than I thought." Sanders declares, hours after the release of a 1,000 odd page legal document. by u/Tiako (144 pts, 266 comments)
  8. Banks serve no social purpose, if banks didn't exist everyone could build their own house, the only reason you can't create your own money is because banks have banned it, banks are "cheeky cunts" for demanding repayment of loans, you are only an employee because you have to pay taxes, and more! by u/usrname42 (121 pts, 85 comments)
  9. "Economics teacher" explains why free trade is bad. Seems to have no idea what comparative advantage is. by u/telaisarcher1 (109 pts, 313 comments)
  10. "In the U.S., the gap stands at 64%, meaning that women earn about two-thirds of what men make for similar work." by u/wqqk (108 pts, 23 comments)

Top Comments

  1. 675 pts: u/say_wot_again's comment in FUCK THE BABY BOOMERS!!! LOUD NOISES!!!
  2. 146 pts: u/Tiako's comment in Bernie Sanders' NYT Op-Ed on the Federal Reserve
  3. 138 pts: u/NORTHAMERICAN_SCUM's comment in FUCK THE BABY BOOMERS!!! LOUD NOISES!!!
  4. 136 pts: u/besttrousers's comment in "But companies still hire people because they have no choice but to. They need enough workers to meet the demands of the market and so they hire people. So if a layoff was to occur I'd occurred regardless of wage hike."
  5. 133 pts: u/praxeologist4lyfe's comment in Don’t let the Nobel prize fool you. Economics is not a science | Joris Luyendijk
  6. 118 pts: u/Timster757's comment in "Now that the text of the Trans-Pacific Partnership has finally been released, it is even worse than I thought." Sanders declares, hours after the release of a 1,000 odd page legal document.
  7. 115 pts: u/-Rory-'s comment in Economics is an art, therefore rent controls are a good idea
  8. 107 pts: u/mberre's comment in Guys: SMBC is on to us
  9. 106 pts: u/lorentz65's comment in I finally understood different schools of economic thought
  10. 105 pts: u/HealthcareEconomist3's comment in [Low hanging fruit] /Futurology discusses basicincome
Generated with BBoe's Subreddit Stats SRS Marker: 1451162423.0
submitted by amici_ursi to subreddit_stats [link] [comments]

/r/periwinkle Drilldown October 2014

/periwinkle Drilldown

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submitted by RedditAnalysisBot to SubredditAnalysis [link] [comments]

Bitcoin Chart Technical Analysis for 07-16-2020 TERRIFYING!!! BITCOIN CHART WARNING SIGNS? Crypto Altcoins TA Today & BTC Cryptocurrency Price News Bitcoin Chart Technical Analysis for 07-17-2020 Earn Easy Cryptocurrency, Buying Bitcoin, Crypto News, and Leverage & Investments Opportunities! Theta Price Charts for 2020.07.07

Originally founded by Satoshi Nakamoto, Bitcoin is the first and most widely used decentralized ledger currency with the highest market capitalization. Its purpose is to provide a peer-to-peer payment system without the need for a third party. Any changes are decided democratically by the community. Its current development is led by Wladimir J By the end of 2018, Bitcoin barely budged above $3,000. Yet shortly after its crash, it embarked on another huge rally, this time reaching as high as $13,800 in the summer of 2019. We've built a cryptocurrency simulation platform where users learn to trade cryptocurrencies risk free. Users start with $100,000 virtual USD, and make trades during the weekly contest period. At the end of the contest, the players with the most net worth will win actual crypto! fantasy bitcoin a bitcoin trading simulator free download - Bitcoin Trading Signals, Crypto Trading Trainer - Bitcoin Trading Sim Game, BTCfx - Bitcoin Trading Client, and many more programs Each chart has their level of information according to the traders’ individual skill level: Line Chart. The most basic of charts, and the stepping stone for the beginner trader. This chart represents only a closing price over a period of time, the closing price is often considered the most important element in analysing data.

[index] [3071] [1638] [22242] [28735] [25500] [10918] [20856] [23343] [6862] [7482]

Bitcoin Chart Technical Analysis for 07-16-2020

Learn how to read stock charts and identify technical patterns as ClayTrader does a quick stock chart review on Bitcoin (Bitcoin). Watch more Bitcoin Technical Analysis Videos: https://claytrader ... Welcome to Team Underground, I (Thomas) do weekly BTC price analysis on YouTube. I've been full time trading bitcoin for over a year now and I've decided to share some of my analysis on YouTube ... Free Guide - The 5 Tools I Use To Find Stocks To Trade: ... Learn how to read stock charts and identify technical patterns as ClayTrader does a quick stock chart review on Bitcoin (Bitcoin). ... Gold, Silver and Bitcoin Charts plus Fantasy Sports Stuff entering 2020.07.03 - Duration: 14:34. ... How to Trade Options on Robinhood for Beginners in 2020 ... Free Guide - The 5 Tools I Use To Find Stocks To Trade: ... Learn how to read stock charts and identify technical patterns as ClayTrader does a quick stock chart review on Bitcoin (Bitcoin). ...

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