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Showing 19 of 19 results by Jennifer_Elam
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Topic
Board Politics & Society
Re: Russia's aggressive plans in the Caspian sea
by
Jennifer_Elam
on 22/08/2018, 11:05:03 UTC
And last but not least, ISIS forces (trained and fed by Western instructors)
now need to be evacuated somewhere after defeat in Syria.
They were hired in every Arab country destroyed by "colour coups".
Iran - coup failed.
Turkey - coup failed.
India - will not believe Englishmen ever.
But ISIS owners need them in Central Asia or even in China.
(How they would mask them as Chinese, I would like to know).
Maybe, if they are really lucky, they will manage to smuggle ISIS mercenaries into Russia.
But I doubt.

i wouldn't care about ISIS if the negative consequences of it would be filtered out away from where i live.

putting the western demcracy, central banking, and human rights system on all places of the world isn't  working well and also has negative consequences like the demographic crisis and loss of population growth. russia is supportive for religion not without reasons.

if isis would have its defined borders i wouldn't care about it. but i rather think that the power elites in saudi arabia (gulf) want to inherit isis power position.

but the biggest question here is, why is this OP so hostile when others are developing their countries economy? is he some kind of troll of the iranian oil industry that are afraid because they cant sell enough oil to russia anymore to then buy nuclear powerplants (foreign trade deficit) thats what i would suggest.

i mean did you ever saw, germans, russians or chinese posting hostile topics, because the saudi arabians, indians or others are developing their country and their economic infrastructure?

Western democracy just doesn't work in all countries. Eastern ones especially need to have a firm hand as a leader or they feel lost. Just look at the Central Asian "democracies" which have reelected the same man since the Soviet Union fell almost 30 years ago. Although there is a good amount of vote fixing going on there too...

In Middle Eastern nations an interesting study has found that communities ruled by a Padishah cannot tolerate democracy in the western model. They prefer to trust their local leader instead.

Most major conflicts in the past several decades have been targeted at countries that don't allow fractional reserve western style central banks. They're the ones that had refused to open up to western corporations wanting to invest. That didn't take bailouts from the IMF. That have no Goldman & Sachs, no MacDonald's, no Ford.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is a Permissionless, Decentralized Firearm
by
Jennifer_Elam
on 21/08/2018, 10:07:33 UTC
Bitcoin is a Permissionless, Decentralized Firearm: Cody Wilson is Satoshi Nakamoto
The path to a cryptocurrency revolution might just run through a sleepy Austin, Texas industrial park, home to offices of Cody Wilson and his company, Defense Distributed in the United States. Parallels exist between downloadable files from a website, allowing users access to 3D printable firearms, and a permissionless, decentralized, censorship-resistant medium of exchange. If the world’s most powerful government succeeds in preventing Mr. Wilson from engaging in basic speech, hold on to your electronic wallet because it could be next. 

Excuse me? You're drawing comparisons between someone who would essentially enable everyone in the world to print weapons that could kill their fellow men, and someone else who created a system of exchange so people can send money from one another without having to pay a middleman? There's no relevance here.

Sure, they're both permissionless, decentralized, censorship-resistant. But the ends to the means is more important. The purpose of bitcoin is not violent. It is strictly to exchange money. The purpose of printing your own firearms is violent. Even if it is for "self-defense".
Post
Topic
Board Speculation
Re: A.I. and value of the Bitcoin!
by
Jennifer_Elam
on 20/08/2018, 09:29:28 UTC
There can be prediction based on statistical analysis of history assuming it will regress to the mean. But these kinds of predictions can't always be accurate because they are making assumptions that are unable to predict tail risks, or extreme events that could happen at any moment.

We can expect certain prices, but we cannot guarantee them in any way or form. These prices are very vulnerable to huge movements because there are so many factors that affect the price of Bitcoin. Investors can come from any part of the world at any time and just randomly decide to put a bunch of money in because they need another form of payment or just want to hide their money from the governments.

That's not to say that these things have patterns that we can recognize in advance in order to position ourselves accordingly.
Post
Topic
Board Legal
Re: Methods to Recognize Frauds.
by
Jennifer_Elam
on 19/08/2018, 05:19:22 UTC
A really good group of scammers will spend all of their time reading articles like this to know exactly how to trick people. Then they will carefully follow all steps mentioned to ensure that a very solid front appears. They'll also spend a lot of time on marketing and building relationships with those that matter: endorsers, clients, press, etc. to ensure they have a very positive image being portrayed.

They won't make any false promises or engage in any trickery. Until one day, they flick the switch and no one is to be seen. Poof, gone.

Thats a very good point scammers are smart but please keep in mind we always have some chance against scammers if we are able to see some warning signs. Thats my point. Even some knowledge can really help you a lot.

Yes, I agree. It's impossible to maintain an illusion forever, and even the best scammers will show cracks in their image. If we as buyers pay close attention to the signals that are coming from these people, we should be able to recognize if they are trying to scam us. It's almost like an intuitive feel that something is going wrong.

If you have that feeling, it's probably time to exit. Exiting at a loss is better than losing the entire initial investment. We naturally try to resist losses, but sometimes they are necessary.
Post
Topic
Board Economics
Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip.
by
Jennifer_Elam
on 17/08/2018, 12:49:51 UTC
As an old timer, that hold mentality no matter what cost me a lot of would be profit earlier this year. I had just never seen such massive growth, new situation, yet I was with the "hold no matter what mentality." I do agree to buy the dip, but the overall tone of hold, hold, hold can blind you. I say continue holding, but also take out some as you need.
We all got fooled by the market, no one saw it coming,  I have since modified my strategy to hold but sell off some portion when I see significant profit, and never ever a position or exit one all at once, flow with the market sentiments  generally

I don't know, people were piling on shorts once it got past 15k last year... It was bound to burst eventually but no one knew when. Markets just don't keep going up like that. They have to dip back down to regain energy and find a reasonable price. It's impossible to grow at such immense numbers for so long, no matter how brilliant the concept behind it is.

Once the market establishes itself in a comfortable range (like it is now), it gets ready to go up again. But don't hold your breath for 30k this year
Post
Topic
Board Economics
Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip.
by
Jennifer_Elam
on 16/08/2018, 19:56:13 UTC
Does anyone else find the posts lacking substance with signature campaigns somewhat ironic here? Especially the ones that clearly didn't read what the OP wrote?

It's the truth. If you spent more time learning how the market behaved, there would be better opportunities for profit. The best thing to be doing right now is taking every opportunity to buy when it's low. Unless of course you don't believe it is going to come back up, then just go and find a reddit topic to spam or something.

Old-timers who got on before $500 are smiling at whatever price it's at, 19k or 6k. It's all green for them.
Post
Topic
Board Legal
Re: Methods to Recognize Frauds.
by
Jennifer_Elam
on 14/08/2018, 20:23:25 UTC
A really good group of scammers will spend all of their time reading articles like this to know exactly how to trick people. Then they will carefully follow all steps mentioned to ensure that a very solid front appears. They'll also spend a lot of time on marketing and building relationships with those that matter: endorsers, clients, press, etc. to ensure they have a very positive image being portrayed.

They won't make any false promises or engage in any trickery. Until one day, they flick the switch and no one is to be seen. Poof, gone.
Post
Topic
Board Economics
Re: Is the US Dollar Too Volatile?
by
Jennifer_Elam
on 13/08/2018, 14:39:18 UTC
America is one of economically strongest country, but I am not sure if its economic strength is real. I have heard that US is in debt a lot, that they owe China a lot of money. If they continue on that road of debt, Dollar would be ruined. With everything that America is involved with, its no wonder that Dollar is so volatile.

I don't know what to think about the economic relationship between the united states and china. I do wonder how much of china's recent economic success can be measured in china pirating patented american technology and media. China pirates everything from gaming consoles to CD's/DVD's, to technology and industrial processes which are copyrighted intellectual property which in theory should be protected under international law. China has even gone so far as to counterfeit ferraris, luxury automobiles, car parts and other brand name products.

Is it correct that china "loans" the USA money in terms of them buying US treasury bonds. I don't know if that qualifies as the united states owing china money. There could be a trade war brewing between the two nations. China recently has moved to drop the petro dollar and is seeking to denominate their oil transactions in their native currency, the yuan.

To be honest, american politicians normally bend over backwards for china. They have sold out their own country to the chinese for years. Its only recently that we're beginning to see a paradigm shift in the opposite direction, with the trade deficit between china and the USA reversing for the first time in decades.

China quite literally props up the US economy by continuing to buy it's debt through bond sales, along with a handful of other countries like Saudi Arabia and Japan (but Japan is in such a deep hole now too that they don't really count anymore). If China decided to stop funding American debt, it could very well default unless a different course of action was taken. I'm just taking a wild guess here, but something tells me that's why Putin and Xi have been hanging out so much lately

The US Dollar is not volatile, it's becoming more and more worthless. Volatility implies an increase in price as well, and we've just seen a steady decline over the years as inflation takes its toll and lowers the purchasing power. But wages are rising too, so it's a never ending race...
Post
Topic
Board Legal
Re: Buy bitcoin for someone else?
by
Jennifer_Elam
on 11/08/2018, 21:36:08 UTC
Tell your friend to figure it out himself. It's his 1000 pounds to lose if he wants to take the risk, not yours. It's not that difficult, he can find lots of information online about how to do it. You can even walk him though it step by step and show him which wallet to use, which exchange, etc.

Essentially this is the same as a friend sending you money to buy stocks, another currency, commodity, etc. It's being done on his behalf, so it's perfectly legal. He just should do it himself so he can accept full responsibility for his money.
Post
Topic
Board Economics
Re: Bitcoin's High Volatility
by
Jennifer_Elam
on 10/08/2018, 16:24:29 UTC
Bitcoin is still classified as a relatively new asset class. Although the level of awareness about Bitcoin among the general population has increased, only a fraction of those who have Bitcoin in large numbers. Moreover, institutional investors also avoid Bitcoin, given its unregulated nature and the risks associated with it. I think high volatility is something that can not be avoided during the growth of bitcoin.
So what if the volatility is high? We have had the volatility high since long and since the start which could not stop the growing graph of investment in Bitcoin. Besides, though important for the price to be stable it is not a very big risk or threat to investment if the price is volatile.

It actually gives chances to people to invest low when the price falls. This is a step towards bright future because the more inflow of the money determines the status of a crypto in the market.
The high volatility of Bitcoin is a basis for investors to consider and make decisions. It is a challenge but also a chance. Just make the right investment decision when Bitcoin is low and predict the high Bitcoin moment, huge profits will come to those investors. This may also be considered as an opportunity for investors to consider and to invest heavily in Bitcoin.

This is what makes it difficult to pick an entry. It's hard to know with so much volatility what the value is at these levels. You think that bitcoin has a stable level and then some news comes out to make it drop like a rock again. That shouldn't be a worry anymore because it can't really get too much lower at this stage. There can't really be anything else negative to drop it down after so many ETF postponings and negative outlooks from major banks. It has greater potential for increase now that there are more uses for it and better transaction speeds. So the volatility can work in our favor, as long as we get on early while it's still low.
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Topic
Board Economics
Re: CNBC: The US economy suddenly looks like it's unstoppable
by
Jennifer_Elam
on 08/08/2018, 19:48:21 UTC
If US is getting the money Gold should go to $2100/ounce and Silver to $80/ounce. America has wars all over the world and Americans talk about Gold standard. Gold and Silver (bullion) protects people's wealth against wars, inflation/price rise.

In 2012, there were lots of internet talks "Buy one ounce silver. End the Fed" then silver fell to $9/ounce.

Mark Mobius is an emerging markets fund manager and founder of Mobius Capital Partners LLP. Mark Mobius says there will -30% fall in stock markets. The last time there was tariff wars (as stated by Donald Trump), S&P500 fell by -30%

The money will come to Gold and Silver.

Money will not go to Gold and Silver as long as future contracts exist to keep the price down. You are just trying to sell a product.

This is not a clear sign of improvement in the economy. Good numbers for one month are just a short term boost. Then we'll have regression and poor print outs for a few months, just wait. The US economy has absolutely no reason to be firing away like this.

Britain had a similar swing earlier this year to. Some of the best print outs followed by some of the worst. Fluctuations are fluctuations.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Jennifer_Elam
on 05/08/2018, 06:12:01 UTC
I see a pretty good resistance at the 6700 level...

The .618 fib on the daily:

https://image.ibb.co/evA16K/shot1.jpg

and the 100% fib extension on the hourly from the start of the the reaction:

https://preview.ibb.co/dAxW6K/shot2.png

with some healthy momentum building on the 1H

Could be sign of turnaround?
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Topic
Board Economics
Re: The real estate bubble
by
Jennifer_Elam
on 03/08/2018, 07:23:05 UTC
If this is of any guidance:

https://steemitimages.com/DQmQyB7qCxvH8qpYdiLYdo5x79S527yyXakQSiDpjPg5J3E/US%20Housing%20Index.jpg

It may be smart to keep focusing on improving your Bitcoin holdings and forget about real estate for now. Our time to own nice houses will come. We may be able to pick up some really cheap deals while Bitcoin as at 6 figures or more in a couple of years.

That's a scary chart if you ask me. It looks like it's preparing for another dive off the edge into the abyss. Although things are a bit different this time as the FANNIE MAE (https://www.investopedia.com/mortgage/fannie-mae-loans/) projects aren't shilling out money in every direction like they were before the last crisis.

Anyone who's seen or read The Big Short remembers how easily the banks were handing out mortgages for houses at that time. It was like those free cheese stands at the supermarket. Then the banks were packaging the non-performing loans as AAA and selling them to susceptible Scandinavians (among others). There's no way that something of that magnitude will repeat itself, but a similar instance could occur if there are too many empty houses and not enough renters. They're getting ahead of themselves.
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Topic
Board Economics
Merits 1 from 1 user
Re: The real estate bubble
by
Jennifer_Elam
on 02/08/2018, 06:35:22 UTC
⭐ Merited by darkangel11 (1)
I see this a lot too around here. There's way too many new houses going up, and the people who construct them can't fill them, so they're all hanging around waiting for people to come by. Now a lot of university students are moving in, so they will fill some of them, but whatever's left after that will drop at least 30% in the fall.

The government is also supporting it as they're incentivizing the destruction of old properties for newer ones, and then moving all of the residents who can't afford houses for twice or three times the price of their previous ones to the outskirts of the city.
Post
Topic
Board Altcoin Discussion
Re: Don't go to ICO!i was cheated again!
by
Jennifer_Elam
on 01/08/2018, 07:12:01 UTC
People lose out in practically every business venture.
The knowledge of the risks involved should make you arm yourself.
Research on any project you plan on investing in.
Pull out once you have any doubts or reservations.

That's true, and if you don't know how to do it, seek expert advice. I've got absolutely no knowledge about ICOs so wouldn't really be getting into them without some form of advice. There's no way that I could be able to tell if someone was scamming or not, other than looking into their LinkedIn, track record, other projects, etc. And nowadays, it's not hard to fabricate those.

This site has some good info:
https://icobench.com/

Or you can just hire an ICO hedge manager type professional.
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Topic
Board Altcoin Discussion
Re: Ethereum SCAM?
by
Jennifer_Elam
on 31/07/2018, 07:26:01 UTC
It all depends on what the owner does with the coins. If he holds onto them and doesn't let anyone else get to them, maybe he's got some other kind of motive. But at this stage I don't think it's a big concern if he's just letting people mine away and get at them slowly. ETH is still very young.

There has been a lot of negative news surrounding ETH lately I just don't know who to believe anymore. Either people are trying to knock it down because it has too much value and they want their own altcoins to thrive, or there really is something shady going on behind the scenes.
Post
Topic
Board Economics
Re: Greediness leads to market manipulation.
by
Jennifer_Elam
on 29/07/2018, 07:38:56 UTC
Sometimes many people try to manipulate the market and buy precious tokens cheap and selling high later.They intentionally cause fear and panic in the inexperienced members and take advantage to perpetrate their greed activities.

The cryptocurrency market is different to any other financial market that we know. The early adopters of the cryptocurrency market are the cryptographers, nerds, computer scientists, wannabe entrepreneurs, etc... some would label them the 'outsiders' of society. These are the people that have reaped the rewards of entering the market early and becoming the next-generation millionaires. The nature of the cryptocurrency market structure allows the bad and greedy guys to get away with whatever they please. This sort of manipulation is going under-the-radar with many uneducated readers caving in to these misleading stories.

This is why I think that it has grown organically. The 'outsiders' saw an opportunity, believed in it, and dumped a bunch of money into it. Then they waited patiently and watched while other people came running too. That's as organic as it can get in terms of true growth of investment. Recognize a potential for growth before others do, and wait patiently until they all join in.

What kind of manipulation do you mean? In terms of ripping off unsuspecting traders, that does happen quite often in other markets too. Also, exchanges have been known to fake volume levels to make it look like more people are using their service than in reality (and therefore causing slippage).
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Topic
Board Marketplace
Re: Introducing TokenDemoDay
by
Jennifer_Elam
on 28/07/2018, 07:36:48 UTC
This is a good way to start. I think that people want to learn more about these things before even considering putting their money in it. Having a conversation like this helps to spread awareness and education, which then  encourages people to participate more.

There should be more educational type programs like this available for people who are interested to learn what they want about a given product, currency, token, etc. I've seen some courses on Udemy about crypto investing (which are extremely popular, especially after last winter's bull run) and think that this is a good start. More transparency and openness will build trust and legitimacy.
Post
Topic
Board Economics
Re: Greediness leads to market manipulation.
by
Jennifer_Elam
on 27/07/2018, 05:24:11 UTC
Isn't this what happens when something is available to be bought and sold? We all have a natural desire to buy low and sell high. I wouldn't call it market manipulation unless it's a whole bunch of people with extremely deep pockets (like banks, for example) getting together and dumping the coin all at once to make the price go down.

But buying and selling to turn a profit is what everything is being used for nowadays. Bitcoin is not practical enough to be used as a currency (yet) so in the meantime takes the shape of an investment vehicle. It's listed as a commodity because it is being treated that way by investors. Finite supply, fixed price, etc.