Skip to main content

Social Marketing Lab

Search This Blog

Democratic Split on Impeachment Talk: Officials Avoid It, but Voters Are Eager for It

on August 26, 2018

Get link
Facebook
X
Pinterest
Email
Other Apps

By TRIP GABRIEL from NYT U.S. https://ift.tt/2P0a0Ht
via Paleo Diet Book

NYT

Get link
Facebook
X
Pinterest
Email
Other Apps

Comments

Post a Comment

Top Week News

Chatter Report: Pompliano Praises Bitcoin Performance, Antonopoulos Says Death Spiral ‘Unlikely’ In today’s Chatter Report, we explore the different ways crypto influencers have been responding to the low prices of 2018. Some are unfazed like Anthony Pompliano, who still believes that bitcoin is the best performing asset. Others are reassuring like Andreas Antonopoulos, who has been busy addressing concerns about bitcoin being in a death spiral. The rest are pensive like James McAvity, who has been theorizing about which miners are holding their coins rather than selling them. Also Read: Paxful Completes Second School in Rwanda #BuiltWithBitcoin Bitcoin is the ‘Best Performing Asset’ Anthony Pompliano, founder of Morgan Creek Digital, sparked a fervent discussion on Twitter when he noted that the S&P had almost lost $755 billion in a single day. Pompliano was putting losses in perspective for cryptocurrency investors, as public equity investors lost more money in a single day than crypto investors did for all of 2018. Crypto Twitter quickly fired back, as former Wall Street trader John Todaro pointed out the unfair nature of comparing two markets that have different capitalizations. Todaro expanded more on the misleading nature of Pompliano’s tweet, arguing that they should be comparing percentage gains/losses and not raw figures. Yeah but different mkt sizes obviously. So when the S&P 500 rises 3% in a day, you'll say us stocks made more money than all of crypto combined? — John Todaro (@JohnTodaro1) December 4, 2018 Another commenter, Alamentarius, argued that it was unfair to compare the “equity value of every public company” with a “speculative project that turned into a bubble.” Bitcoin outperformed the S&P 500 for last 10 years, 5 years, and last 2 years. It will outperform over next 10 too. It’s irresponsible for investors to have zero exposure to the best performing asset. — Pomp (@APompliano) December 4, 2018 Unfazed, Pompliano defended his initial claims, citing the historical financial performance of bitcoin compared to the S&P. He then boldly described bitcoin as the “best performing asset” on the market. Andreas Antonopoulos on Bitcoin Death Spirals With bitcoin prices falling day by day, the ecosystem has been expressing concern about a potential death spiral. To address these concerns, “Mastering Bitcoin” author Andreas Antonopoulos put out a Youtube video explaining death spirals and why he believes they are unlikely scenarios. Antonopoulos explained that death spirals are triggered by a combination of economic factors crashing the bitcoin price and/or governments shutting down or outlawing mining. This drives down the price of bitcoin, so miners start turning off their mining equipment. The result is a severe drop in mining hash power, or 50 percent in this hypothetical scenario. As mining power falls by half, blocks start to come up every 20 minutes instead of every 10 minutes. Since bitcoin mining difficulty adjustments are calculated every 2,016 blocks, it now takes four weeks for the difficulty to change instead of two weeks. This slows the network down further, which could lead miners to decide that they aren’t making enough profit. As a result, more and more miners would then decide to shut off their equipment, leading to a vicious downward cycle known as the bitcoin “death spiral.” After explaining the death spiral, Antonopoulos claimed it is unlikely to happen because miners have a much “long[er]-term perspective.” Since investing in mining equipment requires a huge up-front cost and electricity is purchased on long-term plans, most miners won’t stop mining, as they will assume that profitability will return within a few months. Do Miners Hold or Sell Their Bitcoin? Other bitcoiners also have been theorizing about what miners might do with their bitcoin in an extended bear market. As commenter James McAvity noted, the circumstances surrounding each particular mining operation will determine whether miners sell their bitcoins or hold on to them. Unlikely to sell immediately: – Miners who hedged with futures & options when prices were higher – Smaller ops that have free power(dorms, home heaters, solar home operations) – Money launderers trying to clean cash into new coins – High inflation areas like Venezuela etc. — James McAvity (@jamesmcavity) December 4, 2018 McAvity explained that miners that can generate ancillary free power and businesses that are struggling to survive are the ones that are more likely to sell their bitcoins immediately after mining them. By contrast, miners that hold their bitcoins are those that have hedged with futures and options when prices were higher. They could also be smaller operations that have free power or they could be money launderers trying to clean cash by turning it into bitcoin. Alternatively, they could be from high-inflation countries like Venezuela. What do you think of bitcoin’s performance in 2018? Is it still the best performing asset? What about the likelihood of a death spiral? Do you think miners sell their bitcoins immediately or keep them? Let us know in the comments below. Images courtesy of Shutterstock. Keep track of the bitcoin exchange rate in real-time The post Chatter Report: Pompliano Praises Bitcoin Performance, Antonopoulos Says Death Spiral ‘Unlikely’ appeared first on Bitcoin News.

In today’s Chatter Report, we explore the different ways crypto influencers have been responding to the low prices of 2018. Some are unfazed like Anthony Pompliano, who still believes that bitcoin is the best performing asset. Others are reassuring like Andreas Antonopoulos, who has been busy addressing concerns about bitcoin being in a death spiral. The rest are pensive like James McAvity, who has been theorizing about which miners are holding their coins rather than selling them. Also Read: Paxful Completes Second School in Rwanda #BuiltWithBitcoin Bitcoin is the ‘Best Performing Asset’ Anthony Pompliano, founder of Morgan Creek Digital, sparked a fervent discussion on Twitter when he noted that the S&P had almost lost $755 billion in a single day. Pompliano was putting losses in perspective for cryptocurrency investors, as public equity investors lost more money in a single day than crypto investors did for all of 2018. Crypto Twitter quickly fired back, as f...

Al-Qaeda warns Saudi crown prince over 'sin'

Al-Qaeda in the Arabian Peninsula has warned Saudi Arabia's reformist Crown Prince Mohammed bin Salman over his "sinful projects", in a bulletin released Friday. Prince Mohammed has spearheaded a string of policy changes in ultraconservative Saudi Arabia, including reinstating cinemas and allowing women to drive. "The new era of Bin Salman replaced mosques with movie theatres," the Yemen-based jihadist group said in its Madad news bulletin, picked up by the SITE Intelligence Group. from Yahoo News - Latest News & Headlines https://ift.tt/2LcwPWx via Paleo Diet Book

FOX NEWS: Is anti-Semitism a growing problem in the Democratic Party?

Is anti-Semitism a growing problem in the Democratic Party? Voters believe Democrats are turning a blind eye to the issue; Harvard law professor Alan Dershowitz debates Muslim professor and reformist Raheel Raza. via FOX NEWS https://ift.tt/2u2Ru8M

Asia Argento denies sexual relationship with accuser

Italian actress and filmmaker Asia Argento says she never had a sexual relationship with the young actor to whom she agreed to pay $380,000 after he accused her of sexual assault. from CBC | Top Stories News https://ift.tt/2OZFsFZ via Paleo Diet Book

CIA investigated whether Adolf Hitler lived in Colombia during 1950s

The CIA investigated claims that a man who said he was Adolf Hitler was living in a community of ex-Nazis in the 1950s in Colombia, it has been revealed. Declassified documents indicate that although agents did not take the claim seriously, they did receive a photo of the man who had a striking resemblance to the German dictator. A former SS soldier, Phillip Citroen, approached CIA agents in 1954 and said that a man claming to be Hitler was living in the town of Tunja. from Yahoo News - Latest News & Headlines http://ift.tt/2A5ezK0 via Paleo Diet Book

If History Rhymes, Bitcoin (BTC) May Bottom At $1,700: Crypto Analyst Bitcoin (BTC) Could Bottom At $1,700 Murad Mahmudov, a Princeton graduate with dreams of launching his own crypto-centric hedge fund, has quickly become a leading Bitcoin (BTC) analyst, posting an array of in-depth, respectable bits of technical, historical, and fundamental analysis that have resonated with investors. On Sunday, the industry insider took to Twitter to issue his latest analysis thread. 1/ Let's go on a little journey. What if the history does indeed rhyme? pic.twitter.com/VDSonz68Gw — Murad Mahmudov (@MustStopMurad) January 13, 2019 Mahmudov first drew attention to Bitcoin’s historical price action, drawing lines between the bear market of 2014/2015, specifically the “Baby Capitulation and Final Capitulation” events, and today’s market. Long story short, through a mashup of historical and technical analysis, BTC could fall to as low as $1,700-$2,200 by Spring 2019. So, in closing, the analyst wrote: If the above dynamics are correct and history does indeed rhyme – which is a big if — We can expect a 1700-2200 bottom in the Spring (most likely April). This recent quip comes just weeks after Mahmudov took to Tone Vays’ Youtube channel to talk cryptocurrencies. In the podcast-esque environment, the Princeton graduate drew attention to this $1,700 price forecast, explaining it from more of a fundamental level. As reported by us previously, he explained that a number of altcoins, like Ethereum (ETH), EOS, XRP, along with an array small-cap assets, are still drastically overvalued, especially considering their often misconstrued and sometimes non-existent value propositions. Moon Overlord, a respected crypto trader, echoed Mahmudov’s thoughts. The pseudonymous commentator explained there’s a fleeting chance that Bitcoin has another “substantial draw-down” ahead of itself, also citing historical data. As the harrowing, yet also optimistic adage goes, “history does not repeat itself, but it rhymes.” So, if previous trends prove to be an accurate indicator, the flagship cryptocurrency could fall to as low as $1,700 before another “knock your socks off” rally. In the same vein of “rhyme, not repeat” thought, other analysts have been more optimistic. Chris Burniske, a partner at Placeholder Ventures, recently claimed that if the crypto market truly moves in multi-year cycles, 2019 will be the year of crypto projects shipping product, echoing sentiment touted by Fred Wilson. Another analyst, going by Filb Filb, once explained that BTC could surpass $333,000 by 2022, drawing parabolic lines in a somewhat nebulous sense. Crypto Analyst Expects “New Bull Cycle” In Mid To Late-2019 In related news, another investor, who goes by the online moniker “GalaxyBTC (Galaxy),” claimed that the crypto market is currently entering an accumulation phase, meaning that lower lows are possible but somewhat unlikely. He/She noted that 2014/2015’s bear season lasted for 420 days. So, if history is any indicator, BTC could be nearing the end of its downturn, and will subsequently enter a “new bull cycle” in mid to late-2019. "The future lies in the study of the past" We're approaching the 420 day mark which ended the 2015 bear market and if history repeats itself, we're moving towards several months of accumulation and a new bull cycle starting mid-late 2019. $BTC #bitcoin pic.twitter.com/VX8ok9oFue — Galaxy (@galaxybtc) January 14, 2019 Per previous reports from Ethereum World News, Delphi Digital, an independent market research consortium, also recently claimed that Bitcoin is currently entering a bout of accumulation. The analysis completed by Delphi routed through The Next Web’s Hard Fork segment claims that there’s actually been an uptick in Unspent Transaction Outputs (UTXOs), indicating that investors are accumulating Bitcoin en bloc — which could potentially account for the increase in active accounts. The independent research group noted that “older owners have exhausted much of their selling efforts,” drawing attention to UTXO data they compiled. Delphi’s team went on to write that this all indicates that a round of accumulation, purportedly similar to one seen at the end of 2014 (the previous drastic bear market), is occurring. Or in other words, a bottom could be in sight. However, considering the aforementioned calls, BTC may have quite further to fall in a relatively short period of time. Title Image Courtesy of Andre Francois Mckenzie Via Unsplash The post If History Rhymes, Bitcoin (BTC) May Bottom At $1,700: Crypto Analyst appeared first on Ethereum World News.

Bitcoin (BTC) Could Bottom At $1,700 Murad Mahmudov, a Princeton graduate with dreams of launching his own crypto-centric hedge fund, has quickly become a leading Bitcoin (BTC) analyst, posting an array of in-depth, respectable bits of technical, historical, and fundamental analysis that have resonated with investors. On Sunday, the industry insider took to Twitter to issue his latest analysis thread. 1/ Let's go on a little journey. What if the history does indeed rhyme? pic.twitter.com/VDSonz68Gw — Murad Mahmudov (@MustStopMurad) January 13, 2019 Mahmudov first drew attention to Bitcoin’s historical price action, drawing lines between the bear market of 2014/2015, specifically the “Baby Capitulation and Final Capitulation” events, and today’s market. Long story short, through a mashup of historical and technical analysis, BTC could fall to as low as $1,700-$2,200 by Spring 2019. So, in closing, the analyst wrote: If the above dynamics are correct and history does ind...

Powered by Blogger