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Ultimate glossary of crypto currency terms, acronyms and abbreviations

I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless.
Two factor authentication. I highly advise that you use it.
51% Attack:
A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network.
Address (or Addy):
A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example.
Altcoin (alternative coin): Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others.
An event where the investors/participants are able to receive free tokens or coins into their digital wallet.
AML: Defines Anti-Money Laundering laws**.**
Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset.
Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money.
ATH (All Time High):
The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low
A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop.
Bear trap:
A manipulation of a stock or commodity by investors.
The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities
One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame.
A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain.
An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack.
A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase.
Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts.
Bull market:
A market that Cryptos are going up.
An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid.
Crypto bubble:
The instability of cryptocurrencies in terms of price value
A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie
The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement.
The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent.
When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos.
Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention.
Dapp (decentralized application):
An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power.
A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system.
Desktop wallet:
A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins.
Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts.
Digital Signature:
An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network.
Double Spending:
An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time.
Means do your own research.
Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it.
the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed.
Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether.
A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more.
A website which gives away free cryptocurrencies.
Fiat money:
Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound.
A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork.
Fear of missing out.
A system is frictionless when there are zero transaction costs or trading retraints.
Fear, Uncertainty and Doubt regarding the crypto market.
A fee paid to run transactions, dapps and smart contracts on Ethereum.
A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”.
Hardware wallet:
Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.**
The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed.
The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions.
A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life.
ICO (Initial Coin Offering):
A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past.
John mcAfee:
A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims.
Joy of missing out. For those who are so depressed about missing out their sadness becomes joy.
Know your customer(alternatively consumer).
This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla.
Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network.
Trading with borrowed capital (margin) in order to increase the potential return of an investment.
The availability of an asset to be bought and sold easily, without affecting its market price.
of the coins.
Margin trading:
The trading of assets or securities bought with borrowed money.
Market cap/MCAP:
A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply.
A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards.
The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware.
Mining contract:
A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors.
Mining rig:
A computer specially designed for mining cryptocurrencies.
A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon”
Any computing device that connects to the blockchain network.
Open source:
The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone.
Over the counter. Trading is done directly between parties.
P2P (Peer to Peer):
A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server.
Paper wallet:
A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets.
Pre mining:
The mining of a cryptocurrency by its developers before it is released to the public.
Proof of stake (POS):
A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency.
The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees.
A standardized set of rules for formatting and processing data.
Public key / private key:
A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key.
Pump and dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame.
Recovery phrase:
A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase.
Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry.
An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type.
Return on investment.
A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted
“Funds are safe."
“the exchage I use got hacked!”“Oh no, are your funds safu?”
“My coins better be safu!”

The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto.
Satoshi Nakamoto:
This was the pseudonym for the mysterious creator of Bitcoin.
The ability of a cryptocurrency to contain the massive use of its Blockchain.
A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds.
Coin with little potential or future prospects.
Spreading buzz by heavily promoting a particular coin in the community to create awareness.
Short position:
Selling of a specific cryptocurrency with an expectation that it will drop in value.
Silk road:
The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI.
Smart Contract:
Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights.
Software Wallet:
A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources.
A contract-oriented coding language for implementing smart contracts on Ethereum. Its syntax is similar to that of JavaScript.
Stable coin:
A cryptocoin with an extremely low volatility that can be used to trade against the overall market.
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
When a crypto currency appreciates or goes up in price.
The opposite of mooning. When a coin tanks it can also be described as crashing.
For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) .
A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality.
TOR: “The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”.
Transaction fee:
An amount of money users are charged from their transaction when sending cryptocurrencies.
A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it.
A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history.
An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market.

A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008.
And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge.
my final definition:
A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto.
We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing.
feel free to comment words or terms that you feel should be included or about any errors I made.
Edit1:some fixes were made and added words.
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Cryptocurrency Adoption: A Breakthrough?

Cryptocurrency Adoption: A Breakthrough?
You have probably read dozens of articles dedicated to this subject before, and likely skipped even more. So why write another one, let alone read it? The short answer is times have changed. Well, times always change. Still, the point is that we may be amidst a paradigm shift in the cryptocurrency space right now even if we don’t feel it yet.
by stealthEX
Such a fundamental change is possible due to a confluence of several factors. Some of these factors are external and therefore not related to crypto. Others are internal and represent the value-oriented nature of cryptocurrencies. It just happened that all of them got activated under specific conditions at a certain point in time, which is today, give or take.

Economic woes in a post-Covid-19 World

You wouldn’t be far from the truth if you claimed that we haven’t yet pulled through the pandemic, to begin with. Unfortunately, it only makes matters worse unless you are a cryptocurrency investor and don’t care for the rest of humanity. Anyway, the damage has been done, and nothing can change that. We are now entering the phase that is technically called “competitive devaluations” and colloquially known as currency wars.
You could also argue that if it didn’t happen at the peak of the coronavirus pandemic, it is not going to happen now. The sad truth is that we are only starting to feel the real pain. Even the deadly coronavirus doesn’t take over the body instantly, while it takes some time on the scale of a few months up to a couple years for the economic disease to spread through the fabric of society, evolve, and then erupt with inflation rates shooting through the roof, among many other nasty things. Please take your seat.
The world reserve fiat, the American dollar, is sinking like Titanic, slowly but surely. We can’t say the same about less lucky currencies, though. We won’t dwell on the Venezuelan bolivar and Zimbabwean dollar as they are altogether beyond redemption, but fiats like the Brazilian real and Russian ruble are also balancing on the brink of another landslide devaluation, which they have seen many in the past. Sharp minds in the cryptocurrency space have been telling us about this development for ages. It all looked like a remote possibility in some distant future that as we felt deep down wouldn’t have a chance to come up in our lifetime.
As it stands, we were wrong, and the events described are now starting to unfold right before our own eyes. In a strange twist of fate, large-scale cryptocurrency adoption is about to occur along with them, but not through some technical breakthroughs and innovation, or even the much-hyped DeFi, but primarily through the failure of conventional financial systems based on fiat currencies. Rest assured, the top dogs in the cryptocurrency pit are well aware of this dynamic, and they are not going to wait any longer.
Grayscale Investments, a multi-billion dollar company behind a host of cryptocurrency trust funds, started to frenziedly buy up bitcoins a couple weeks ago. All in all, it acquired over 17,000 BTC adding to its already quite impressive stash of Bitcoin, now totalling almost 450,000 coins under its management. Love it or leave it, but it amounts to 2.4% of all bitcoins mined to date, including lost, burned, or left for dead as dust in Bitcoin wallets. In essence, it means that their effective share is way higher.
But while Grayscale definitely sits at the top of the cryptocurrency investment chain, it is not the only company that went on a buying spree lately. MicroStrategy, a company largely unknown to the wider public, suddenly got religion and swapped over $400 million of its capital into 38,250 BTC. Even Barry Silbert, CEO of Grayscale, commented on this feat in his tweet.
Twitter, by StealthEX
So whenever there is a hint at price correction, someone comes out of the shadows and picks up a handful of bitcoins from the market propping up the price.
Why are they doing this? You already know the answer.

Paradigm shift

In different words, all that cryptocurrencies had to do was to last long enough until fiat started to fall apart. It does now, and paradoxically such times are also times of great opportunity, Baron Rothschild’s way. The world’s largest cryptocurrency exchange, Binance, has been pushing its cryptocurrency payment card since April when it acquired Swipe, a firm focused on crypto-to-fiat payment cards. At the time of the acquisition Swipe already supported 20 cryptocurrencies and fiat transactions in major currencies., by StaelthEX
For European users the Binance card was officially made available in August, and the exchange plans to enter the US market soon. Given its dominance in the crypto arena, it wouldn’t be unreasonable to expect the surge in the cryptocurrency use as a means of payment thanks to this. It is unlikely that people would spend their precious bitcoins, but the packmaster is not the only member of the pack that Binance handles. Cryptos like Litecoin or Bitcoin Cash can easily become currencies of choice to use with Binance debit cards.
But what truly makes it a game-changer is the current turmoil in the global economic affairs which may turn out to be a once-in-a-lifetime chance for crypto to pick up where fiat currencies leave, or fail, to be exact. On the other hand, it may be a natural development after all, set in stone by the very first Bitcoin transaction and cemented for good when it got confirmed. Now things start to arrange themselves to fit their preordained layout. We have taken our time.
As cryptocurrencies are not internally linked to, or tied by, the lunatic policies of monetary authorities, that is to say, no central bank can ask or force miners to mine more bitcoins, we have the first element in place in the layout for the cryptocurrency mass adoption to occur at the most basic level. In fact, it has always been there, so we just had to wait until the two other elements arrived, even though it took longer than most of us were ready to wait.
The second required element in the grand picture of cryptocurrency adoption is the change in attitude toward wealth evaluation. So far the vast majority of people involved in crypto, including its most die-hard supporters, valued their cryptocurrency holdings in fiat terms. Without doubt, it was the US dollar, regardless of your home currency. But when fiat collapses or enters a long period of runaway inflation, people will be ready for a dramatic change in their approaches toward capital assessment as well as spending habits.
And here comes the most important part where Binance hits the nail on the head. If you are unable to effortlessly spend crypto in your everyday life, the first two components cannot trigger this change in attitude on their own. We need this third element to make use of what has existed and take advantage of what has come around. In a way, what Binance did, and what its competitors are no doubt going to do as well if they don’t want to miss out on the opportunity, appears to be the part that snugly snaps into place when we finally get there.
With Binance payment card, you can “buy the things you love with crypto”. So now the ball is in your court to support the full-scale cryptocurrency adoption coming up. Kidding aside, with fiat turning into trash by leaps and bounds all over the globe, this looks like a very enticing payment option for both the crypto purists and the unbanked. We have seen quite a few such cards in the past, but Binance seems to be adamant on making its variety really popular and actually usable. And then you can ride volatility waves to your financial benefit.
If Binance succeeds, that may herald a new era of cryptocurrency adoption, a breakthrough of sorts after so many years of stagnation in this department.

Repercussions and ramifications

It is not like only we, traders and investors alike, see these trends. Governments are also taking notice and paying close attention. They can’t remove cryptocurrencies and they can’t help inflating their national currencies. However, they can still crack down massively on this and similar endeavors, trying to nip them in the bud. We don’t know yet what Uncle Sam is going to say but some muslim countries have been quite vocal in this regard.
For example, Egypt has issued a fetva which prohibits bitcoin transactions as being against Sharia, an Islamic religious law. Another mostly Islamic country, Indonesia, has banned the use of cryptocurrencies as a means of payment. Russia, although not Islamic yet, is hellbent on effectively outlawing most cryptocurrency operations despite passing earlier a law on digital assets which is essentially neutral to crypto.
To conclude, we must be aware that once things get serious and governments see that their monetary supremacy is being threatened, that they can no longer play their favorite game of inflation tax, they will leave no stone unturned to prevent mass use of crypto as an alternative means of payment. And cryptocurrency payment cards are hands down one of the best tools available for this use on a down-to-earth level, groceries and whatnot.
Now you know what their target will be.
And don’t forget if you need to exchange your coins StealthEX is here for you. We provide a selection of more than 300 coins and constantly updating the cryptocurrency list so that our customers will find a suitable option. Our service does not require registration and allows you to remain anonymous. Why don’t you check it out? Just go to StealthEX and follow these easy steps:
✔ Choose the pair and the amount for your exchange. For example BTC to ETH.
✔ Press the “Start exchange” button.
✔ Provide the recipient address to which the coins will be transferred.
✔ Move your cryptocurrency for the exchange.
✔ Receive your coins.
Follow us on Medium, Twitter, Facebook, and Reddit to get updates and the latest news about the crypto world. For all requests message us via [email protected].
The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.
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The Next Crypto Wave: The Rise of Stablecoins and its Entry to the U.S. Dollar Market

The Next Crypto Wave: The Rise of Stablecoins and its Entry to the U.S. Dollar Market

Author: Christian Hsieh, CEO of Tokenomy
This paper examines some explanations for the continual global market demand for the U.S. dollar, the rise of stablecoins, and the utility and opportunities that crypto dollars can offer to both the cryptocurrency and traditional markets.
The U.S. dollar, dominant in world trade since the establishment of the 1944 Bretton Woods System, is unequivocally the world’s most demanded reserve currency. Today, more than 61% of foreign bank reserves and nearly 40% of the entire world’s debt is denominated in U.S. dollars1.
However, there is a massive supply and demand imbalance in the U.S. dollar market. On the supply side, central banks throughout the world have implemented more than a decade-long accommodative monetary policy since the 2008 global financial crisis. The COVID-19 pandemic further exacerbated the need for central banks to provide necessary liquidity and keep staggering economies moving. While the Federal Reserve leads the effort of “money printing” and stimulus programs, the current money supply still cannot meet the constant high demand for the U.S. dollar2. Let us review some of the reasons for this constant dollar demand from a few economic fundamentals.

Demand for U.S. Dollars

Firstly, most of the world’s trade is denominated in U.S. dollars. Chief Economist of the IMF, Gita Gopinath, has compiled data reflecting that the U.S. dollar’s share of invoicing was 4.7 times larger than America’s share of the value of imports, and 3.1 times its share of world exports3. The U.S. dollar is the dominant “invoicing currency” in most developing countries4.
This U.S. dollar preference also directly impacts the world’s debt. According to the Bank of International Settlements, there is over $67 trillion in U.S. dollar denominated debt globally, and borrowing outside of the U.S. accounted for $12.5 trillion in Q1 20205. There is an immense demand for U.S. dollars every year just to service these dollar debts. The annual U.S. dollar buying demand is easily over $1 trillion assuming the borrowing cost is at 1.5% (1 year LIBOR + 1%) per year, a conservative estimate.
Secondly, since the U.S. has a much stronger economy compared to its global peers, a higher return on investments draws U.S. dollar demand from everywhere in the world, to invest in companies both in the public and private markets. The U.S. hosts the largest stock markets in the world with more than $33 trillion in public market capitalization (combined both NYSE and NASDAQ)6. For the private market, North America’s total share is well over 60% of the $6.5 trillion global assets under management across private equity, real assets, and private debt investments7. The demand for higher quality investments extends to the fixed income market as well. As countries like Japan and Switzerland currently have negative-yielding interest rates8, fixed income investors’ quest for yield in the developed economies leads them back to the U.S. debt market. As of July 2020, there are $15 trillion worth of negative-yielding debt securities globally (see chart). In comparison, the positive, low-yielding U.S. debt remains a sound fixed income strategy for conservative investors in uncertain market conditions.

Source: Bloomberg
Last, but not least, there are many developing economies experiencing failing monetary policies, where hyperinflation has become a real national disaster. A classic example is Venezuela, where the currency Bolivar became practically worthless as the inflation rate skyrocketed to 10,000,000% in 20199. The recent Beirut port explosion in Lebanon caused a sudden economic meltdown and compounded its already troubled financial market, where inflation has soared to over 112% year on year10. For citizens living in unstable regions such as these, the only reliable store of value is the U.S. dollar. According to the Chainalysis 2020 Geography of Cryptocurrency Report, Venezuela has become one of the most active cryptocurrency trading countries11. The demand for cryptocurrency surges as a flight to safety mentality drives Venezuelans to acquire U.S. dollars to preserve savings that they might otherwise lose. The growth for cryptocurrency activities in those regions is fueled by these desperate citizens using cryptocurrencies as rails to access the U.S. dollar, on top of acquiring actual Bitcoin or other underlying crypto assets.

The Rise of Crypto Dollars

Due to the highly volatile nature of cryptocurrencies, USD stablecoin, a crypto-powered blockchain token that pegs its value to the U.S. dollar, was introduced to provide stable dollar exposure in the crypto trading sphere. Tether is the first of its kind. Issued in 2014 on the bitcoin blockchain (Omni layer protocol), under the token symbol USDT, it attempts to provide crypto traders with a stable settlement currency while they trade in and out of various crypto assets. The reason behind the stablecoin creation was to address the inefficient and burdensome aspects of having to move fiat U.S. dollars between the legacy banking system and crypto exchanges. Because one USDT is theoretically backed by one U.S. dollar, traders can use USDT to trade and settle to fiat dollars. It was not until 2017 that the majority of traders seemed to realize Tether’s intended utility and started using it widely. As of April 2019, USDT trading volume started exceeding the trading volume of bitcoina12, and it now dominates the crypto trading sphere with over $50 billion average daily trading volume13.
An interesting aspect of USDT is that although the claimed 1:1 backing with U.S. dollar collateral is in question, and the Tether company is in reality running fractional reserves through a loose offshore corporate structure, Tether’s trading volume and adoption continues to grow rapidly14. Perhaps in comparison to fiat U.S. dollars, which is not really backed by anything, Tether still has cash equivalents in reserves and crypto traders favor its liquidity and convenience over its lack of legitimacy. For those who are concerned about Tether’s solvency, they can now purchase credit default swaps for downside protection15. On the other hand, USDC, the more compliant contender, takes a distant second spot with total coin circulation of $1.8 billion, versus USDT at $14.5 billion (at the time of publication). It is still too early to tell who is the ultimate leader in the stablecoin arena, as more and more stablecoins are launching to offer various functions and supporting mechanisms. There are three main categories of stablecoin: fiat-backed, crypto-collateralized, and non-collateralized algorithm based stablecoins. Most of these are still at an experimental phase, and readers can learn more about them here. With the continuous innovation of stablecoin development, the utility stablecoins provide in the overall crypto market will become more apparent.

Institutional Developments

In addition to trade settlement, stablecoins can be applied in many other areas. Cross-border payments and remittances is an inefficient market that desperately needs innovation. In 2020, the average cost of sending money across the world is around 7%16, and it takes days to settle. The World Bank aims to reduce remittance fees to 3% by 2030. With the implementation of blockchain technology, this cost could be further reduced close to zero.
J.P. Morgan, the largest bank in the U.S., has created an Interbank Information Network (IIN) with 416 global Institutions to transform the speed of payment flows through its own JPM Coin, another type of crypto dollar17. Although people argue that JPM Coin is not considered a cryptocurrency as it cannot trade openly on a public blockchain, it is by far the largest scale experiment with all the institutional participants trading within the “permissioned” blockchain. It might be more accurate to refer to it as the use of distributed ledger technology (DLT) instead of “blockchain” in this context. Nevertheless, we should keep in mind that as J.P. Morgan currently moves $6 trillion U.S. dollars per day18, the scale of this experiment would create a considerable impact in the international payment and remittance market if it were successful. Potentially the day will come when regulated crypto exchanges become participants of IIN, and the link between public and private crypto assets can be instantly connected, unlocking greater possibilities in blockchain applications.
Many central banks are also in talks about developing their own central bank digital currency (CBDC). Although this idea was not new, the discussion was brought to the forefront due to Facebook’s aggressive Libra project announcement in June 2019 and the public attention that followed. As of July 2020, at least 36 central banks have published some sort of CBDC framework. While each nation has a slightly different motivation behind its currency digitization initiative, ranging from payment safety, transaction efficiency, easy monetary implementation, or financial inclusion, these central banks are committed to deploying a new digital payment infrastructure. When it comes to the technical architectures, research from BIS indicates that most of the current proofs-of-concept tend to be based upon distributed ledger technology (permissioned blockchain)19.
These institutional experiments are laying an essential foundation for an improved global payment infrastructure, where instant and frictionless cross-border settlements can take place with minimal costs. Of course, the interoperability of private DLT tokens and public blockchain stablecoins has yet to be explored, but the innovation with both public and private blockchain efforts could eventually merge. This was highlighted recently by the Governor of the Bank of England who stated that “stablecoins and CBDC could sit alongside each other20”. One thing for certain is that crypto dollars (or other fiat-linked digital currencies) are going to play a significant role in our future economy.

Future Opportunities

There is never a dull moment in the crypto sector. The industry narratives constantly shift as innovation continues to evolve. Twelve years since its inception, Bitcoin has evolved from an abstract subject to a familiar concept. Its role as a secured, scarce, decentralized digital store of value has continued to gain acceptance, and it is well on its way to becoming an investable asset class as a portfolio hedge against asset price inflation and fiat currency depreciation. Stablecoins have proven to be useful as proxy dollars in the crypto world, similar to how dollars are essential in the traditional world. It is only a matter of time before stablecoins or private digital tokens dominate the cross-border payments and global remittances industry.
There are no shortages of hypes and experiments that draw new participants into the crypto space, such as smart contracts, new blockchains, ICOs, tokenization of things, or the most recent trends on DeFi tokens. These projects highlight the possibilities for a much more robust digital future, but the market also needs time to test and adopt. A reliable digital payment infrastructure must be built first in order to allow these experiments to flourish.
In this paper we examined the historical background and economic reasons for the U.S. dollar’s dominance in the world, and the probable conclusion is that the demand for U.S. dollars will likely continue, especially in the middle of a global pandemic, accompanied by a worldwide economic slowdown. The current monetary system is far from perfect, but there are no better alternatives for replacement at least in the near term. Incremental improvements are being made in both the public and private sectors, and stablecoins have a definite role to play in both the traditional and the new crypto world.
Thank you.

[1] How the US dollar became the world’s reserve currency, Investopedia
[2] The dollar is in high demand, prone to dangerous appreciation, The Economist
[3] Dollar dominance in trade and finance, Gita Gopinath
[4] Global trades dependence on dollars, The Economist & IMF working papers
[5] Total credit to non-bank borrowers by currency of denomination, BIS
[6] Biggest stock exchanges in the world, Business Insider
[7] McKinsey Global Private Market Review 2020, McKinsey & Company
[8] Central banks current interest rates, Global Rates
[9] Venezuela hyperinflation hits 10 million percent, CNBC
[10] Lebanon inflation crisis, Reuters
[11] Venezuela cryptocurrency market, Chainalysis
[12] The most used cryptocurrency isn’t Bitcoin, Bloomberg
[13] Trading volume of all crypto assets,
[14] Tether US dollar peg is no longer credible, Forbes
[15] New crypto derivatives let you bet on (or against) Tether’s solvency, Coindesk
[16] Remittance Price Worldwide, The World Bank
[17] Interbank Information Network, J.P. Morgan
[18] Jamie Dimon interview, CBS News
[19] Rise of the central bank digital currency, BIS
[20] Speech by Andrew Bailey, 3 September 2020, Bank of England
submitted by Tokenomy to tokenomyofficial [link] [comments]

Where is Bitcoin Going and When?

Where is Bitcoin Going and When?

The Federal Reserve and the United States government are pumping extreme amounts of money into the economy, already totaling over $484 billion. They are doing so because it already had a goal to inflate the United States Dollar (USD) so that the market can continue to all-time highs. It has always had this goal. They do not care how much inflation goes up by now as we are going into a depression with the potential to totally crash the US economy forever. They believe the only way to save the market from going to zero or negative values is to inflate it so much that it cannot possibly crash that low. Even if the market does not dip that low, inflation serves the interest of powerful people.
The impending crash of the stock market has ramifications for Bitcoin, as, though there is no direct ongoing-correlation between the two, major movements in traditional markets will necessarily affect Bitcoin. According to the Blockchain Center’s Cryptocurrency Correlation Tool, Bitcoin is not correlated with the stock market. However, when major market movements occur, they send ripples throughout the financial ecosystem which necessary affect even ordinarily uncorrelated assets.
Therefore, Bitcoin will reach X price on X date after crashing to a price of X by X date.

Stock Market Crash

The Federal Reserve has caused some serious consternation with their release of ridiculous amounts of money in an attempt to buoy the economy. At face value, it does not seem to have any rationale or logic behind it other than keeping the economy afloat long enough for individuals to profit financially and politically. However, there is an underlying basis to what is going on which is important to understand in order to profit financially.
All markets are functionally price probing systems. They constantly undergo a price-discovery process. In a fiat system, money is an illusory and a fundamentally synthetic instrument with no intrinsic value – similar to Bitcoin. The primary difference between Bitcoin is the underlying technology which provides a slew of benefits that fiat does not. Fiat, however, has an advantage in being able to have the support of powerful nation-states which can use their might to insure the currency’s prosperity.
Traditional stock markets are composed of indices (pl. of index). Indices are non-trading market instruments which are essentially summaries of business values which comprise them. They are continuously recalculated throughout a trading day, and sometimes reflected through tradable instruments such as Exchange Traded Funds or Futures. Indices are weighted by market capitalizations of various businesses.
Price theory essentially states that when a market fails to take out a new low in a given range, it will have an objective to take out the high. When a market fails to take out a new high, it has an objective to make a new low. This is why price-time charts go up and down, as it does this on a second-by-second, minute-by-minute, day-by-day, and even century-by-century basis. Therefore, market indices will always return to some type of bull market as, once a true low is formed, the market will have a price objective to take out a new high outside of its’ given range – which is an all-time high. Instruments can only functionally fall to zero, whereas they can grow infinitely.
So, why inflate the economy so much?
Deflation is disastrous for central banks and markets as it raises the possibility of producing an overall price objective of zero or negative values. Therefore, under a fractional reserve system with a fiat currency managed by a central bank – the goal of the central bank is to depreciate the currency. The dollar is manipulated constantly with the intention of depreciating its’ value.
Central banks have a goal of continued inflated fiat values. They tend to ordinarily contain it at less than ten percent (10%) per annum in order for the psyche of the general populace to slowly adjust price increases. As such, the markets are divorced from any other logic. Economic policy is the maintenance of human egos, not catering to fundamental analysis. Gross Domestic Product (GDP) growth is well-known not to be a measure of actual growth or output. It is a measure of increase in dollars processed. Banks seek to produce raising numbers which make society feel like it is growing economically, making people optimistic. To do so, the currency is inflated, though inflation itself does not actually increase growth. When society is optimistic, it spends and engages in business – resulting in actual growth. It also encourages people to take on credit and debts, creating more fictional fiat.
Inflation is necessary for markets to continue to reach new heights, generating positive emotional responses from the populace, encouraging spending, encouraging debt intake, further inflating the currency, and increasing the sale of government bonds. The fiat system only survives by generating more imaginary money on a regular basis.
Bitcoin investors may profit from this by realizing that stock investors as a whole always stand to profit from the market so long as it is managed by a central bank and does not collapse entirely. If those elements are filled, it has an unending price objective to raise to new heights. It also allows us to realize that this response indicates that the higher-ups believe that the economy could crash in entirety, and it may be wise for investors to have multiple well-thought-out exit strategies.

Economic Analysis of Bitcoin

The reason why the Fed is so aggressively inflating the economy is due to fears that it will collapse forever or never rebound. As such, coupled with a global depression, a huge demand will appear for a reserve currency which is fundamentally different than the previous system. Bitcoin, though a currency or asset, is also a market. It also undergoes a constant price-probing process. Unlike traditional markets, Bitcoin has the exact opposite goal. Bitcoin seeks to appreciate in value and not depreciate. This has a quite different affect in that Bitcoin could potentially become worthless and have a price objective of zero.
Bitcoin was created in 2008 by a now famous mysterious figure known as Satoshi Nakamoto and its’ open source code was released in 2009. It was the first decentralized cryptocurrency to utilize a novel protocol known as the blockchain. Up to one megabyte of data may be sent with each transaction. It is decentralized, anonymous, transparent, easy to set-up, and provides myriad other benefits. Bitcoin is not backed up by anything other than its’ own technology.
Bitcoin is can never be expected to collapse as a framework, even were it to become worthless. The stock market has the potential to collapse in entirety, whereas, as long as the internet exists, Bitcoin will be a functional system with a self-authenticating framework. That capacity to persist regardless of the actual price of Bitcoin and the deflationary nature of Bitcoin means that it has something which fiat does not – inherent value.
Bitcoin is based on a distributed database known as the “blockchain.” Blockchains are essentially decentralized virtual ledger books, replete with pages known as “blocks.” Each page in a ledger is composed of paragraph entries, which are the actual transactions in the block.
Blockchains store information in the form of numerical transactions, which are just numbers. We can consider these numbers digital assets, such as Bitcoin. The data in a blockchain is immutable and recorded only by consensus-based algorithms. Bitcoin is cryptographic and all transactions are direct, without intermediary, peer-to-peer.
Bitcoin does not require trust in a central bank. It requires trust on the technology behind it, which is open-source and may be evaluated by anyone at any time. Furthermore, it is impossible to manipulate as doing so would require all of the nodes in the network to be hacked at once – unlike the stock market which is manipulated by the government and “Market Makers”. Bitcoin is also private in that, though the ledge is openly distributed, it is encrypted. Bitcoin’s blockchain has one of the greatest redundancy and information disaster recovery systems ever developed.
Bitcoin has a distributed governance model in that it is controlled by its’ users. There is no need to trust a payment processor or bank, or even to pay fees to such entities. There are also no third-party fees for transaction processing. As the ledge is immutable and transparent it is never possible to change it – the data on the blockchain is permanent. The system is not easily susceptible to attacks as it is widely distributed. Furthermore, as users of Bitcoin have their private keys assigned to their transactions, they are virtually impossible to fake. No lengthy verification, reconciliation, nor clearing process exists with Bitcoin.
Bitcoin is based on a proof-of-work algorithm. Every transaction on the network has an associated mathetical “puzzle”. Computers known as miners compete to solve the complex cryptographic hash algorithm that comprises that puzzle. The solution is proof that the miner engaged in sufficient work. The puzzle is known as a nonce, a number used only once. There is only one major nonce at a time and it issues 12.5 Bitcoin. Once it is solved, the fact that the nonce has been solved is made public.
A block is mined on average of once every ten minutes. However, the blockchain checks every 2,016,000 minutes (approximately four years) if 201,600 blocks were mined. If it was faster, it increases difficulty by half, thereby deflating Bitcoin. If it was slower, it decreases, thereby inflating Bitcoin. It will continue to do this until zero Bitcoin are issued, projected at the year 2140. On the twelfth of May, 2020, the blockchain will halve the amount of Bitcoin issued when each nonce is guessed. When Bitcoin was first created, fifty were issued per block as a reward to miners. 6.25 BTC will be issued from that point on once each nonce is solved.
Unlike fiat, Bitcoin is a deflationary currency. As BTC becomes scarcer, demand for it will increase, also raising the price. In this, BTC is similar to gold. It is predictable in its’ output, unlike the USD, as it is based on a programmed supply. We can predict BTC’s deflation and inflation almost exactly, if not exactly. Only 21 million BTC will ever be produced, unless the entire network concedes to change the protocol – which is highly unlikely.
Some of the drawbacks to BTC include congestion. At peak congestion, it may take an entire day to process a Bitcoin transaction as only three to five transactions may be processed per second. Receiving priority on a payment may cost up to the equivalent of twenty dollars ($20). Bitcoin mining consumes enough energy in one day to power a single-family home for an entire week.

Trading or Investing?

The fundamental divide in trading revolves around the question of market structure. Many feel that the market operates totally randomly and its’ behavior cannot be predicted. For the purposes of this article, we will assume that the market has a structure, but that that structure is not perfect. That market structure naturally generates chart patterns as the market records prices in time. In order to determine when the stock market will crash, causing a major decline in BTC price, we will analyze an instrument, an exchange traded fund, which represents an index, as opposed to a particular stock. The price patterns of the various stocks in an index are effectively smoothed out. In doing so, a more technical picture arises. Perhaps the most popular of these is the SPDR S&P Standard and Poor 500 Exchange Traded Fund ($SPY).
In trading, little to no concern is given about value of underlying asset. We are concerned primarily about liquidity and trading ranges, which are the amount of value fluctuating on a short-term basis, as measured by volatility-implied trading ranges. Fundamental analysis plays a role, however markets often do not react to real-world factors in a logical fashion. Therefore, fundamental analysis is more appropriate for long-term investing.
The fundamental derivatives of a chart are time (x-axis) and price (y-axis). The primary technical indicator is price, as everything else is lagging in the past. Price represents current asking price and incorrectly implementing positions based on price is one of the biggest trading errors.
Markets and currencies ordinarily have noise, their tendency to back-and-fill, which must be filtered out for true pattern recognition. That noise does have a utility, however, in allowing traders second chances to enter favorable positions at slightly less favorable entry points. When you have any market with enough liquidity for historical data to record a pattern, then a structure can be divined. The market probes prices as part of an ongoing price-discovery process. Market technicians must sometimes look outside of the technical realm and use visual inspection to ascertain the relevance of certain patterns, using a qualitative eye that recognizes the underlying quantitative nature
Markets and instruments rise slower than they correct, however they rise much more than they fall. In the same vein, instruments can only fall to having no worth, whereas they could theoretically grow infinitely and have continued to grow over time. Money in a fiat system is illusory. It is a fundamentally synthetic instrument which has no intrinsic value. Hence, the recent seemingly illogical fluctuations in the market.
According to trade theory, the unending purpose of a market or instrument is to create and break price ranges according to the laws of supply and demand. We must determine when to trade based on each market inflection point as defined in price and in time as opposed to abandoning the trend (as the contrarian trading in this sub often does). Time and Price symmetry must be used to be in accordance with the trend. When coupled with a favorable risk to reward ratio, the ability to stay in the market for most of the defined time period, and adherence to risk management rules; the trader has a solid methodology for achieving considerable gains.
We will engage in a longer term market-oriented analysis to avoid any time-focused pressure. The Bitcoin market is open twenty-four-hours a day, so trading may be done when the individual is ready, without any pressing need to be constantly alert. Let alone, we can safely project months in advance with relatively high accuracy. Bitcoin is an asset which an individual can both trade and invest, however this article will be focused on trading due to the wide volatility in BTC prices over the short-term.

Technical Indicator Analysis of Bitcoin

Technical indicators are often considered self-fulfilling prophecies due to mass-market psychology gravitating towards certain common numbers yielded from them. They are also often discounted when it comes to BTC. That means a trader must be especially aware of these numbers as they can prognosticate market movements. Often, they are meaningless in the larger picture of things.
  • Volume – derived from the market itself, it is mostly irrelevant. The major problem with volume for stocks is that the US market open causes tremendous volume surges eradicating any intrinsic volume analysis. This does not occur with BTC, as it is open twenty-four-seven. At major highs and lows, the market is typically anemic. Most traders are not active at terminal discretes (peaks and troughs) because of levels of fear. Volume allows us confidence in time and price symmetry market inflection points, if we observe low volume at a foretold range of values. We can rationalize that an absolute discrete is usually only discovered and anticipated by very few traders. As the general market realizes it, a herd mentality will push the market in the direction favorable to defending it. Volume is also useful for swing trading, as chances for swing’s validity increases if an increase in volume is seen on and after the swing’s activation. Volume is steadily decreasing. Lows and highs are reached when volume is lower.
Therefore, due to the relatively high volume on the 12th of March, we can safely determine that a low for BTC was not reached.
  • VIX – Volatility Index, this technical indicator indicates level of fear by the amount of options-based “insurance” in portfolios. A low VIX environment, less than 20 for the S&P index, indicates a stable market with a possible uptrend. A high VIX, over 20, indicates a possible downtrend. VIX is essentially useless for BTC as BTC-based options do not exist. It allows us to predict the market low for $SPY, which will have an indirect impact on BTC in the short term, likely leading to the yearly low. However, it is equally important to see how VIX is changing over time, if it is decreasing or increasing, as that indicates increasing or decreasing fear. Low volatility allows high leverage without risk or rest. Occasionally, markets do rise with high VIX.
As VIX is unusually high, in the forties, we can be confident that a downtrend for the S&P 500 is imminent.
  • RSI (Relative Strength Index): The most important technical indicator, useful for determining highs and lows when time symmetry is not availing itself. Sometimes analysis of RSI can conflict in different time frames, easiest way to use it is when it is at extremes – either under 30 or over 70. Extremes can be used for filtering highs or lows based on time-and-price window calculations. Highly instructive as to major corrective clues and indicative of continued directional movement. Must determine if longer-term RSI values find support at same values as before. It is currently at 73.56.
  • Secondly, RSI may be used as a high or low filter, to observe the level that short-term RSI reaches in counter-trend corrections. Repetitions based on market movements based on RSI determine how long a trade should be held onto. Once a short term RSI reaches an extreme and stay there, the other RSI’s should gradually reach the same extremes. Once all RSI’s are at extreme highs, a trend confirmation should occur and RSI’s should drop to their midpoint.

Trend Definition Analysis of Bitcoin

Trend definition is highly powerful, cannot be understated. Knowledge of trend logic is enough to be a profitable trader, yet defining a trend is an arduous process. Multiple trends coexist across multiple time frames and across multiple market sectors. Like time structure, it makes the underlying price of the instrument irrelevant. Trend definitions cannot determine the validity of newly formed discretes. Trend becomes apparent when trades based in counter-trend inflection points continue to fail.
Downtrends are defined as an instrument making lower lows and lower highs that are recurrent, additive, qualified swing setups. Downtrends for all instruments are similar, except forex. They are fast and complete much quicker than uptrends. An average downtrend is 18 months, something which we will return to. An uptrend inception occurs when an instrument reaches a point where it fails to make a new low, then that low will be tested. After that, the instrument will either have a deep range retracement or it may take out the low slightly, resulting in a double-bottom. A swing must eventually form.
A simple way to roughly determine trend is to attempt to draw a line from three tops going upwards (uptrend) or a line from three bottoms going downwards (downtrend). It is not possible to correctly draw a downtrend line on the BTC chart, but it is possible to correctly draw an uptrend – indicating that the overall trend is downwards. The only mitigating factor is the impending stock market crash.

Time Symmetry Analysis of Bitcoin

Time is the movement from the past through the present into the future. It is a measurement in quantified intervals. In many ways, our perception of it is a human construct. It is more powerful than price as time may be utilized for a trade regardless of the market inflection point’s price. Were it possible to perfectly understand time, price would be totally irrelevant due to the predictive certainty time affords. Time structure is easier to learn than price, but much more difficult to apply with any accuracy. It is the hardest aspect of trading to learn, but also the most rewarding.
Humans do not have the ability to recognize every time window, however the ability to define market inflection points in terms of time is the single most powerful trading edge. Regardless, price should not be abandoned for time alone. Time structure analysis It is inherently flawed, as such the markets have a fail-safe, which is Price Structure. Even though Time is much more powerful, Price Structure should never be completely ignored. Time is the qualifier for Price and vice versa. Time can fail by tricking traders into counter-trend trading.
Time is a predestined trade quantifier, a filter to slow trades down, as it allows a trader to specifically focus on specific time windows and rest at others. It allows for quantitative measurements to reach deterministic values and is the primary qualifier for trends. Time structure should be utilized before price structure, and it is the primary trade criterion which requires support from price. We can see price structure on a chart, as areas of mathematical support or resistance, but we cannot see time structure.
Time may be used to tell us an exact point in the future where the market will inflect, after Price Theory has been fulfilled. In the present, price objectives based on price theory added to possible future times for market inflection points give us the exact time of market inflection points and price.
Time Structure is repetitions of time or inherent cycles of time, occurring in a methodical way to provide time windows which may be utilized for inflection points. They are not easily recognized and not easily defined by a price chart as measuring and observing time is very exact. Time structure is not a science, yet it does require precise measurements. Nothing is certain or definite. The critical question must be if a particular approach to time structure is currently lucrative or not.
We will measure it in intervals of 180 bars. Our goal is to determine time windows, when the market will react and when we should pay the most attention. By using time repetitions, the fact that market inflection points occurred at some point in the past and should, therefore, reoccur at some point in the future, we should obtain confidence as to when SPY will reach a market inflection point. Time repetitions are essentially the market’s memory. However, simply measuring the time between two points then trying to extrapolate into the future does not work. Measuring time is not the same as defining time repetitions. We will evaluate past sessions for market inflection points, whether discretes, qualified swings, or intra-range. Then records the times that the market has made highs or lows in a comparable time period to the future one seeks to trade in.
What follows is a time Histogram – A grouping of times which appear close together, then segregated based on that closeness. Time is aligned into combined histogram of repetitions and cycles, however cycles are irrelevant on a daily basis. If trading on an hourly basis, do not use hours.
  • Yearly Lows (last seven years): 1/1/13, 4/10/14, 1/15/15, 1/17/16, 1/1/17, 12/15/18, 2/6/19
  • Monthly Mode: 1, 1, 1, 1, 2, 4, 12
  • Daily Mode: 1, 1, 6, 10, 15, 15, 17
  • Monthly Lows (for the last year): 3/12/20 (10:00pm), 2/28/20 (7:09am), 1/2/20 (8:09pm), 12/18/19 (8:00am), 11/25/19 (1:00am), 10/24/19 (2:59am), 9/30/19 (2:59am), 8/29,19 (4:00am), 7/17/19 (7:59am), 6/4/19 (5:59pm), 5/1/19 (12:00am), 4/1/19 (12:00am)
  • Daily Lows Mode for those Months: 1, 1, 2, 4, 12, 17, 18, 24, 25, 28, 29, 30
  • Hourly Lows Mode for those Months (Military time): 0100, 0200, 0200, 0400, 0700, 0700, 0800, 1200, 1200, 1700, 2000, 2200
  • Minute Lows Mode for those Months: 00, 00, 00, 00, 00, 00, 09, 09, 59, 59, 59, 59
  • Day of the Week Lows (last twenty-six weeks):
Weighted Times are repetitions which appears multiple times within the same list, observed and accentuated once divided into relevant sections of the histogram. They are important in the presently defined trading time period and are similar to a mathematical mode with respect to a series. Phased times are essentially periodical patterns in histograms, though they do not guarantee inflection points
Evaluating the yearly lows, we see that BTC tends to have its lows primarily at the beginning of every year, with a possibility of it being at the end of the year. Following the same methodology, we get the middle of the month as the likeliest day. However, evaluating the monthly lows for the past year, the beginning and end of the month are more likely for lows.
Therefore, we have two primary dates from our histogram.
1/1/21, 1/15/21, and 1/29/21
2:00am, 8:00am, 12:00pm, or 10:00pm
In fact, the high for this year was February the 14th, only thirty days off from our histogram calculations.
The 8.6-Year Armstrong-Princeton Global Economic Confidence model states that 2.15 year intervals occur between corrections, relevant highs and lows. 2.15 years from the all-time peak discrete is February 9, 2020 – a reasonably accurate depiction of the low for this year (which was on 3/12/20). (Taking only the Armstrong model into account, the next high should be Saturday, April 23, 2022). Therefore, the Armstrong model indicates that we have actually bottomed out for the year!
Bear markets cannot exist in perpetuity whereas bull markets can. Bear markets will eventually have price objectives of zero, whereas bull markets can increase to infinity. It can occur for individual market instruments, but not markets as a whole. Since bull markets are defined by low volatility, they also last longer. Once a bull market is indicated, the trader can remain in a long position until a new high is reached, then switch to shorts. The average bear market is eighteen months long, giving us a date of August 19th, 2021 for the end of this bear market – roughly speaking. They cannot be shorter than fifteen months for a central-bank controlled market, which does not apply to Bitcoin. (Otherwise, it would continue until Sunday, September 12, 2021.) However, we should expect Bitcoin to experience its’ exponential growth after the stock market re-enters a bull market.
Terry Laundy’s T-Theory implemented by measuring the time of an indicator from peak to trough, then using that to define a future time window. It is similar to an head-and-shoulders pattern in that it is the process of forming the right side from a synthetic technical indicator. If the indicator is making continued lows, then time is recalculated for defining the right side of the T. The date of the market inflection point may be a price or indicator inflection date, so it is not always exactly useful. It is better to make us aware of possible market inflection points, clustered with other data. It gives us an RSI low of May, 9th 2020.
The Bradley Cycle is coupled with volatility allows start dates for campaigns or put options as insurance in portfolios for stocks. However, it is also useful for predicting market moves instead of terminal dates for discretes. Using dates which correspond to discretes, we can see how those dates correspond with changes in VIX.
Therefore, our timeline looks like:
  • 2/14/20 – yearly high ($10372 USD)
  • 3/12/20 – yearly low thus far ($3858 USD)
  • 5/9/20 – T-Theory true yearly low (BTC between 4863 and 3569)
  • 5/26/20 – hashrate difficulty halvening
  • 11/14/20 – stock market low
  • 1/15/21 – yearly low for BTC, around $8528
  • 8/19/21 – end of stock bear market
  • 11/26/21 – eighteen months from halvening, average peak from halvenings (BTC begins rising from $3000 area to above $23,312)
  • 4/23/22 – all-time high
Taken from my blog:
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Bitcoin To Reach $397,000 By 2030 According To A Crypto Research Report

Bitcoin To Reach $397,000 By 2030 According To A Crypto Research Report

Researchers Also Predicted Ethereum To Reach Prices Of Over $3,600 By 2030
The latest report by CryptoReseach made a shocking price prediction that Bitcoin, the world’s largest cryptocurrency by market cap, would be over $397,000 by 2030. The researchers also noted that the price movement of the altcoin sector would closely follow Bitcoin.
Interestingly, researchers noted that the biggest price surge would be in the following five years, with another five years of steady price increases. Researchers believe that Bitcoin “is still in its early phase of mass adoption”, as the crypto leader is only working with 0,44% of its potential addressable market.
“If Bitcoin manages to penetrate and reach 10% of its potential market, we are seeing non-discounted prices of $400,000 per Bitcoin”, the report stated.
The CryptoResearch team also took one of the best-performing cryptocurrencies into account. It turns out that Ethereum (ETH) is anticipated to grow ten-fold over the course of the next five years, Litecoin (LTC) would surge from its present $83 price point to $2,252 by 2030. The report also includes Bitcoin Cash (BCH) and Stellar (XLM).
The price increases mean that Bitcoin would up its price by 4,000% by 2030, while Ethereum, Litecoin, and Bitcoin Cash would see a price increase of 1,600%, 5,000%, and 5,400%, respectively. Stellar, however, is set to gain the most, with an 11,000% total price increase by 2030.
Source: Crypto Research
The research company used the Target Addressable Market (TAM) metric, which is used to “determine the implied future price of crypto assets.” The researchers explained that they use numerous metrics to derive their predictions, such as tax evasion, remittance, store of value, micropayments, online transactions, online loans and gambling, crypto trading, and others.
CryptoResearch also noted that the off-chain velocity of the researched crypto assets is increasing, as opposed to their on-chain velocity numbers. Off-chain velocity is referred to as trading on crypto exchanges, while the on-chain velocity is a measure of the amount of transaction on a given blockchain. For instance, Bitcoin’s off-chain velocity and the price moved almost simultaneously.
“If cryptos see mass adoption in the long run, as well as short-run speculative or retail usage, their prices will definitely go up. However, the increase in off-chain velocity means cryptocurrencies are primarily used as speculation assets, rather than a store of value.” The researchers concluded.
submitted by Crypto_Browser to CryptoBrowser_EN [link] [comments]

Copied and pasted a long thread about the 2020s (part 2)

I have found a very interesting thread in a forum, I decided to copy and paste all the comments that the author of the post had made. The author posted this in 2019, the author also posted another in the past in 2018 about the same subject. But this will be about the 2019 post (part 2)
I won't be sharing the link to the website because I want to protect the identity of the users since it is a mental health forum. But here is the link to part 1:
Here we are! Today it is the year 2019, the near end of the 2010s.The 2010s was an interesting decade to say the least, internet use continued to spread like wildfire worldwide with more and more people becoming dependent on the internet. When I was a kid in the 2000s I felt like the odd one out because I was addicted to the desktop and I didn't know many other people who were addicted to computers, but today in the 2010s this seems like the new normal except now most people are carrying desktops in their own pockets (cellphones).
In the 2000s politics was very moderate and there was much less polarization, now polarization is pretty much a growing trend with many people sharing very strong political believes on the internet. The internet became a political tool and metaphorically a source of political fuel in the 2010s, everyone can now share their believes on the internet and inspire a new group of followers, something that the world didn't have or realized it had until the 2010s and we are still getting used to this.
In 2010 there were 6.9 billion people and 1.9 billion internet users, in 2019 there are about 7.8 billion people and about 4.5 billion internet users. Which means that internet use has increased by 237% while the world population has increased by at least 12%.By 2030 the world population is expected to reach 8.5 billion people and more than 7.5 billion people are expected to be internet users, that could very well be 90% of the worlds population. This means that the internet will truly begin to take over the world during the 2020s, it will continue to make big changes on how we will live and how we will communicate, it may become almost impossible to live in the western world without being online.
Climate change is a big issue, in 2010 the global average temperature was 0.62 Celsius above 20th century average, in 2018 it was 0.79 Celsius above 20th century average. The 2018 temperatures may not seem like much but everyone who is informed about the summer of 2018 will agree that it was a very hot year, so hot that record wildfires within the arctic circle happened.By 2030 we could potentially reach 1.5 degrees Celsius of warming since pre-industrial times, again the number does not seem much but the consequences are huge. Mudslides from melting soil will turn mountains in death zones, lower food harvests and nutritional value will increase risks of starvation, loss of fresh water will result in wars over water, the Maldives will be flooded as well as Bangladesh which will cause huge mass migrations, the ice will melt even faster which are increasing sea levels, you get the idea.In the 2020s global warming will become a much bigger problem, but there is no guarantee that enough will be done to cut emissions. Developing countries such as India want nothing more than to have the same quality of life as the western world does, not much can be done to dissuade India until the country suffers greatly from global warming and the potential for growth seems impossible. As long as developing countries believe that growth is possible they will contribute massively to global emissions just as soon as the developed world begin to cut their emissions, and worse yet developing countries often have very high populations which will contribute to global warming even more than it could have done.
In the 2020s there will be a new global superpower which would be decided by 2030, it is unlikely that America will remain the superpower due to its stagnant economy and the potential loss of trade partners in the near future. The most likely contenders for being the next global superpower is Russia and China, this struggle for power could potentially trigger a 2nd cold war. Global relations will change, there has been a growing loss of trust in the 2010s between nations and that trend will continue to escalate during the 2020s while new crises emerge.This loss of trust could result in balkanization in some parts of the world, particularly in ethnically diverse countries such as Papua New Guinea and Tanzania. Countries will begin to do their own thing and ignore international agreements as trust disintegrates, the Paris Agreement and the United Nations might be abandoned in the 2020s.To put it shortly, the world power will likely shift from Anglo-America to Asio-China/Russia, international co-operation and aid may regress into nationalistic autonomy, and from democracy to populism.
Technologically, most breakthroughs will be related to the huge spread of the internet in some way, in other words most technological advances will be adaptations to the way we live with the internet and learning the full capability and power of it. 5g will be adopted reluctantly due to health concerns, but it will be adopted anyway at some point in the 2020s quickly and this will cause even more dramatic changes within our society. If you think our world has changed drastically so far just wait until 5g comes! By 2030 we could have fridges that are connected to the internet, many other inanimate objects would also be connected to the internet and whatever information is processed will be used to benefit companies as well as sniffing out bad behavior. Because of 5g, the 2020s may be the last decade when privacy is possible in society.
Lastly, I am going to talk about generations and their role in the 2020s. Pretty much all Baby Boomers are going to retire in this decade to have their previous role as leaders replaced by Gen X, Gen Y will all be adults and will be trying to make big changes in the world, Gen Z will begin to grow into adults, there will be a new generation in the 2020s (generation beta).
What do you think will happen in the 2020s? Very keen to read your thoughts about this topic!Have a good day.
reply to user: Honestly I will never be able to answer with confidence about Brexit! I think many people in the parliament don't seem to know what to do, I think most likely Brexit will be on hold until the EU itself fails. Today the EU is already struggling to survive.How will the EU fail? When its financial situation gives European nations the incentive to leave so they can grow their economies by themselves without restrictions, the Syrian refugee crisis (5 million people) destabilized the EU to its core and it was the refugee crisis that started Brexit in the first place.Imagine what would happen to global politics if 20 million migrants went into Europe, it would certainly change a lot of things.
reply to user:Religion could make a comeback in the 2020s, particularly in a scenario where climate change pushes people to turn to religion for comfort. Islam is on a sharp rise due to the fact that they have a lot of children, it will also become the biggest religion in the world in the near future, at that point most people on Earth will be Muslim.I think ISIS largely happened because of food shortages in Syria which resulted in civil war, if a similar thing happened in another vulnerable Muslim country then you can expect another wave of suicidal radicals wrecking havoc and forming another radical group.I have once predicted a similar uprising in North Africa resulting in a mass Christian migration into Europe, the number of Christian migrants could exceed 20 million.
reply to user: Yeah the idea of the European Union has been a flawed and overly ambitious project right from the start, Europe is quite a divided continent with many countries having a strong sense of identity, trying to make Europe into one country will inevitably backfire. Without much doubt the EU will collapse, however it will live on under a different name by one or a few countries that still cling onto the vision.After EU falls there is a chance that a few more so-called unions may form, these unions may be alliances that share the same political views which could result in a polarization.Germany had a good shot at attempting to rule Europe again though, we tried it and probably won't do it again for a while.
reply to user: Funny enough I have just very recently found out that the UK is going to have another general election, so far at the moment it looks like Labour is doing well with public approval, it is a likely possibility that Jeremy Corbyn may become the next prime minister.If Jeremy Corbyn becomes the next prime minister that would mean that Brexit will be cancelled, this could cause major polarization and unrest if there are still people who really want Brexit. Who knows what would happen if the majority of pro-Brexiteers protest in the streets because they didn't get what was promised to them? A British revolution is another real possibility.
reply to user:Predicting elections will always be difficult for me because of how uncertain and at times random they all are, who would of thought that Trump would win in 2016? Would Trump win again in 2020? I mean it sounds crazy but if it happened in 2016 then it can certainly happen again in 2020. Although I do think that Trump has less of a chance of winning in 2020.A good thing to take note of is when Trump withdrew from the Paris Agreement much of America didn't follow suite, there are many American companies who still follow the Paris Agreement guidelines because they don't agree with Trump, there are many Americans who have not been implementing Trumps policies.Elections can never be predicted with 100% confidence, but Trump is more likely to lose in 2020 than 2016.
Thank you all for your replies, they have been smart and intuitive contributions. :-D
Last night I just began researching about the 1920s out of interest (I think I might have mentioned the 1920s in the old 2020s thread). I have just started learning about the 1920s so there is a lot that I don't know about it but there are a few themes that resonates with today trends, which I will mention below.And because I am not well informed about the 1920s the below information would be hypothetical and open to speculation.
The 1920s was an economically prosperous time for the Western World, but the economic prosperity abruptly ended with the Stock Market Crash in 1929 and resulted in the Great Depression in the 1930s. A very similar situation is happening today but is happening much slower and at the moment is less severe, the Stock Market Crash in 2007-2008 resulted in an economic crawl that is still persisting to this day. I have a feeling however that the full effect of the 2007-2008 economic crisis is yet to be felt in full force.
Political movements such as Socialism and Fascism were on the rise in the 1920s-1930s partly because of the economic situation, those parties believed that capitalism is out of control and needs intervention to prevent the degeneration of society. The term supercapitalism was created by Fascists, it pretty much means a degenerated form of capitalism that is doing more harm than good to society.
The blame of the 1929 Stock Market Crash was placed on Capitalism by both Socialists and Fascists, anti-capitalism exploded in the 1930s which resulted in far-left/far-right nations fighting one another by the end of that decade.
Lets say that the next Great Depression is to start in the early 2020s, we already have a lot of young people who have a favorable view on Socialism, on some level there are many people who are blaming Capitalism for the economic crisis. Nations have already been polarizing in the 2010s, so what would happen if we enter the next Great Depression and then a massive surge of Socialism/Fascism happens straight after? The world would be in a very similar situation as the world in pre-WWII.
If the 2020s Great Depression happens then Capitalism in the Western World could end, the more young people has power over America the more likely that the nation will transition into a Socialist state. Kinda ironic because in the 20th century Anglo-America fought against Socialist Russia and in the end capitalism unexpectantly won as the leading world policy, but in the 2020s Russia may abandon their socialist past and turn to capitalism as they take advantage of the new resources revealed by global warming, just as Anglo-America turns Socialist Asio-Russia will turn Capitalist (I'm not sure about China, but I'm pretty sure that India is taking the capitalist route too).
The Arctic will melt a lot during the 2020s, Russia may likely claim most of the new oil reserves which will cause worldwide tension as oil will be running out, America will be stuck with the last remaining reserves of oil in Alaska and Canada which may result in poor relations between Canada and America, eventually China may have most of the oil reserves in the Middle East because I believe that the Middle East will turn to China for economic interests as America begins to lose its grip on the region.
Nothing is forever, everything changes.To those who fear for the future of America I just want to say this, even if America loses influence on the world America will still cling onto their core values in their own home and I can't see America giving up on the American dream, I think that the American dream is redefined by each of its passing generations.
This is probably the last comment I will post in this thread so I'll be sure to write out anything else I can predict or think about the 2020s, again I may be repeating things but at this point its hard to avoid because I posted quite alot about the 2020s at this point.
I definitely agree with :user: that if WW3 were to happen in the 2020s it would be similar to how WW1 started, everything was fine then suddenly everything wasn't and the world fell into further chaos resulting in a world war.
Currently I believe that the 2020s will start off with a cautious optimism, the decade where Gen X and Gen Y fully realises that the world is in their hands and they will bring about changes. If I could name a main theme of the end of the 2010s I would say 'youth in protest'. A growing number of young people believe that civilization won't be there when they grow up, they see no point in taking part in a society that they believe will inevitably fail due to climate change.
In the 2020s the 'youth in protest' will grow to such a degree that societal values of the 20th century will be rendered obsolete. But where does the cautious optimism comes in? I believe the optimism is the result of hope of a better future as the youth wields more power to make changes. We will likely see a big wave of new famous Gen Z's and who knows what they could contribute to this world?
Today(Nov,2019) we can all sense that things are changing but what if the changes of the 2010s are volcanic rumbles compared to the eruption of the 2020s? The 2020s will likely be a social and societal fragmentation, the crossroads of a post-consumerist world. Baby Boomers are largely responsible for the world we live in today, very soon Baby Boomers will lose their power over the world and that power will be passed onto the younger generations who have different values. Most Baby Boomers favor capitalism, a growing number of younger generations favor socialism.
Conspiracy theories are a growing trend, due to the upheaval of technology it has become easier to believe in conspiracy theories because what was crazy 10 years ago seems feasible today. I think if everyone starts to believe in conspiracy theories then a lack of trust would become so hard to overcome that the government would have no choice but to allow a degree of autonomy. Allowing autonomy would cause more and more lands to demand independence, most of them will be city states like Hong Kong or Singapore.
I can't think of anything else, going to conclude it here.The 2020s would either be the beginning of a new era or a long-winded dying of the present post-consumerist era. The Baby Boomers will recline on their chairs and leave the whole world to Gen X and Y, Gen Z will become adults. I haven't mentioned robots but they will begin to take some of our jobs, which can possibly trigger a neo-luddite movement. WW3 hopefully won't happen, a 2nd Cold War is more likely to happen though. Hopefully there won't be an epidemic like the Spanish flu, in this case it will most likely evolve from a strain of bird flu. Climate change will trigger protests and changes, some fear that its already too late to stop global warming.
Thank you for reading, lets make the 2020s as good of a decade as possible.
reply to user: Yeah I've been getting a growing sense that a British Civil War might happen, last year I could not see a civil war happening but now it seems like a real possibility, today it is easy to figure out why it would happen. I bet not many people in the 17th century civil war wanted it to happen and didn't think that it would happen but you can learn what ended up happening, Charles I got beheaded and maybe Boris Johnson might meet a similar fate.Not a certainty, I can never be certain but its something worth worrying and preparing for.
In the 2020s, I think the U.A.E is a possible candidate for a world power and I can see them cutting deals from America and making deals with China instead 'The enemy of my enemy is my friend.'. Imagine if America-UK runs out of energy and oil resources, in this scenario it is likely that U.A.E+China+Russia will own all the remaining deposits by then and we may have no choice but to give up a degree of independence in exchange for some of their oil and energy.Another scenario is the race for the last of the remaining resources that our society still largely depends on, the nation that has the most resources will have the most power and nations that lack those resources will form alliances with them for resources in return.We may possibly see the first super-corporations being established, a very large and powerful corporation that may be the true power behind everything and maybe even more powerful than political figureheads.Those super-corporations may become independent nations that have their own goals and projects, mostly they involve technologies for either saving our eco-systems or to control us.
I have once thought about the year 2075, I imagined a huge city (at that time many countries collapsed, civilization largely being left with city-states ran by trillionaires) the city uses mind control technology to maintain order, the A.I is used to help the elites figure out the next best course of action, human clones are used for labor and war, everyone is constantly being watched due to surveillance that will be almost everywhere.The 2020s will be the start of the new world that future generations will recognized as the true 21st century, 2000-2030 will be seen as a transitional period.
We are only 2 days away from the 2020s, I am going to post about the decade predictions to avoid the regret of not posting it before the 2010s ends. I will have a bit of closure about my 2020s threads now that I'm doing this for the last time, I might be a bit risky and do my best to make a scenario story for fun even though about half of it will be inaccurate haha, since accurately predicting the future is like trying to fly without wings.
But still, some of the predictions I have thought about have already come true even before the 2020s has started, which makes it clear that the world is changing faster than we thought and will continue to increase the throttle. There is already some tension between America and China over trade, at the moment as I write this they have agreed to a truce after a trade war that not many knew about but there is tension and might escalate in the near future, if America attacks another nation again then half of the world will turn against America and will cut all trade-ties with it which would cause America to descend into chaos. In short, America could get sanctioned but other nations will be at risk of being sanctioned if they commit any future acts of aggression.
There would likely be more riots and terrorism, there will likely be a much worse refugee crisis caused both by climate change and acts of aggression by ISIS or a nation. There could be more online communities that provide a source of humanitarian relief and charity, some online communities will run on bitcoin(or other forms of cryptocurrency) so that they can afford more resources to help people with.I have once predicted that there will be a mass migration of Christians from North Africa due to Islamic radicalism, well as of 2019 there already are Christians in Nigeria (North Africa!) being beheaded by ISIS so a mass migration from North Africa is very possible, in fact the whole Arab Spring and its neighbors could produce masses of migrants due to the continuous descent into chaos.
Out of all the Muslim nations Turkey-Saudi Arabia-Iran-U.A.E appear to be the most stable while others are highly vulnerable, I have a good feeling about U.A.E solely because it has many long-term goals to ensure economic security so I can see them having a good influence on Iran and Saudi Arabia, U.A.E will likely make trade deals with China and China could offer U.A.E military protection thus protecting the U.A.E from Saudi Arabia and Iran since the risk of a war going on in the Persian Gulf is high.Dubai will become a more important city and will become a cultural as well as scientific center, much of its workforce would likely be desperate people from South Asia looking for work.
If a new superpower enters world-stage then the West could face sanctions for acts of war against the Arab Spring, especially if the new power is disapproving towards the West, if the West is sanctioned then it will enter a long-term economic depression and could be forced to house refugees.Populism will spread as more people feel like they are living through a crisis, populist candidates appeal to people by presenting themselves as the solution to their crisis. Populism has been on the rise in the 2010s and many people believe that most populist movements have been right-wing, the most common theme of 2010s-populism are anti-immigration and America/Britain first, those populist movements have resulted in Brexit and Donald Trumps presidency.If populism continues to spread in the 2020s then we will see more and more nations implementing anti-emigration policies and we will see them turn away from globalization as they retreat into the concerns of their own nation. The European Union will decay due to countries leaving, the United Nations too will decay as countries start to defy and leave so they can do their own thing, globalization is at a big risk in the 2020s.
Largely due to technology more and more people will begin to lose their jobs, and more people will lose their homes to man-made disasters. Self-driving cars will begin to render Uber Drivers and Taxi drivers obsolete, mass-production is becoming more automatic so more people who work in mass-production will lose their jobs, self-checkout machines in shops will continue to slowly render retailers obsolete. Newspapers are dead, and soon TV will be.Nations will be able to provide more resources with robots but there will be less consumers since not many people would be able to afford to buy many things, this would cause a worldwide economic crisis and we are overdue for a 1920s-style economic crash.What will the government do with all those homeless and unemployed people? Universal income will be the most likely solution but it is highly unlikely that many people would live comfortably since they will have to work very hard to survive and you'd have to be very lucky to get a job, in turn people will begin to reject the government and the system, some (hopefully many) people could turn to online communities to support one another and due to the failing economy will turn to cryptocurrency which they use to support themselves.
The Sagrada Familia will finally be complete, I think it would be nice to make the wonder of Sagrada Familia the icon of the 2020s. Other projects will be completed as well such as The London Super Sewer, The Giant Magellan Telescope, The Square Kilometer Array radio telescope, a few big bridges (and a tunnel for boats in Norway) and a few new railways here and there. There will be at least a few major space achievements thanks to Elon Musk and some privatized science projects will offer few more major breakthroughs in science, the first manned mission to Mars is scheduled in the 2020s but its chance for success is low due to the many risks and dangers, space junk will become a much bigger problem and will need to be cleaned up before we will never be able to leave the Earth. The mission to Mars would likely be re-scheduled or postponed.
3D printing is expected to enter mainstream which in itself will change many things, 3D printing could even render some shops obsolete because you could print whatever stuff you want at home instead of going to a shop looking for what you want, a creator sub-culture may develop from 3D printing enthusiasts.Vertical farms are expected to be erected for the first time in cities, this trend will grow because agriculture is also expected to fail in the long-run so there is a lot of funding put into vertical farming because vertical farming could replace conventional field farming, in the 2020s however vertical farms will only generate a very small percentage of food and its produce would not be sold in mainstream shops for a while.Lab grown meat will be a new growing trend in the 2020s, but its adoption will be slow due to skepticism and lack of popularity.
Will there be wars? Likely more than the 2010s.Because not much has been resolved at 2019 we can expect things to grow more tense, especially since we are all facing an impending global warming crisis and a decline of globalization. Russia and China will become more dominant and influential throughout the world, developing countries will bear the brunt of climate change while the developed countries are increasingly destabilized by the flocks of refugees flooding in, developing countries could be reduced into war-zones like Syria in the 2010s.The trade-wars between America and China could involve other world powers and it could escalate into the 2nd Cold War, with a Cold War there is always the chance of a 3rd World War looming.The west will decay as the western economy worsens, Russia and China would exploit whatever resource they can get with their new influence in a decaying world but their economic growth will be fragile too.China is threatened by the loss of fresh water once the Himalayan ice melts, much of Chinese agriculture is threatened by floods, when the Chinese eco-system fails then you can expect them to attack their neighbours or best-case scenario demand resources from their allies.Russia is threatened by the same thing that will give them economic prosperity, global warming, when the ice melts the methane would doom us all and will also release long-forgotten epidemics into our world, Russia will face a huge refugee crisis coming from the south due to water shortages so you can expect Russia to heavily enforce their borders.European politics will change drastically due to responses from refugees, if Europe refuses most refugees then it is possible that armies of angry refugees could invade Europe in the future.Africa is gaining so much but that growth will not be expected to last due to climate change, water wars reduce some areas into anarchy like Libya in the 2010s, Nigeria-Ethiopia-South Africa would likely be the most prosperous countries of the continent, the African countries that are developing would likely begin to adopt the same lifestyle as the West is living like eating fast food and being online all day long.
I do not know much about South America but some parts appear to be on a verge of political change and turmoil, I do believe that they are at risk for water shortages due to melting ice in the Andes, I can't see them stopping the destruction of the Amazon so that will be ongoing. South America will grow economically but like the rest of the world it will be a highly vulnerable growth.Australia will continue to be burnt alive by wildfires, we should start seeing more and more Australians moving to colder areas such as Tasmania New Zealand and Britain. Indonesia will continue to destroy their rain-forests to make money out of palm oil, don't know what their political situation would be though but would most likely go down the capitalist path.
All in all the 2020s will be a time of disruption, the pace of life will get faster and faster, fake news and deep fakes will spread, misinformation will be rife, as the internet spreads and becomes more disruptive more restrictions will be put on the internet, because we are growing more dependent on technology cyber-attacks or power-cuts could bring us back to the late 20th century, people will grow more scared and desperate and may turn to drastic courses of action if said course of action is the only solution.We are at risk of antibiotic-resistant bacteria and bird flu, obesity and depression will become a bigger burden than it already is, transgender people will be the new normal as people are now coming out as transhuman, in some parts of cities driving a car could be banned because of driverless cars replacing transportation in some city centers, cars are switching to hybrid/electricity as electric car plugs appear in many built-up areas, more and more people have had their DNA stored into a database and I can't say for sure how this data will be used.
Online communities give me hope, and I hope that online communities become so rich with cryptocurrency and popular that when the decaying society that thrived in the 20th century fails we got the new online society to fall back onto and rebuild a new society from scratch instead of trying to rebuilt a society that failed us.
I wish us all the best of luck.
reply to user: I think you are definitely right about 2020 Britain being pretty much the same as 2019 Britain except that it could get worse especially since the NHS is in the process of being privatized which sucks for me too because I am a Type 1 Diabetic, I am inclined to think that Boris Johnson will resign in the near future just to be replaced by another equally unqualified/unpopular Tory.
I am going to be a bit controversial and biased but I want to blame Democracy for the situation that Britain is in right now and I want to explain why I am skeptical towards Democracy.So the idea of Democracy is to get the public to choose who becomes the leader and its down to the public to make that important choice, but many people do not want to run the country and many people do not know what is best for their country.In a Democratic society the best way to win a vote is to promise the public everything and appeal to them, you don't have to be good at politics to win and you don't have to tell people of your true intentions all you have to do is lie and be charismatic. Politicians probably hire professional psychologists to trick people into voting for them because they know how to trick the system to get them into the position that they both don't deserve or are qualified for.
Its no wonder why Politicians are losing their efficiency, they do it as a job because many politicians do not need to be good at running a country to become the leader and like I said they just need to know what the people want to hear and to put on a charismatic face.I believe that running the country should be reserved for those who want to run the country and have the countries best interest at heart, it should be reserved for professionals who know what they are doing and have had years of training as well as experience.
In a Democracy if you get two candidates, one is a businessman who is very charismatic but only knows about business, the other one is a ex-Sergeant who has had 20 years of experience in the administrative field but he is not as charismatic. Even though the Businessman is less qualified he will win because he is charismatic and knows how to trick people into voting for him instead of the professional, repeat this process and you'll end up with a very ineffective government or circus full of charismatic millionaires who trick and lie to the public to maintain their lofty position in society.
And that is probably how Britain ended up with the government it has, people have been lied to and people don't know who is best for their country so we end up voting for the wrong people or get tricked into believing that Democracy is the best form of government.Sadly Democracy will put Britain(as well as other nations) at risk of a power hungry Populist who will present him/herself as against the present government and will use his/her charisma to appeal to us to make us believe that the Populist is the solution to all of our problems caused by the government, but once the Populist gets elected s/he will show his/her true colors and the public will soon regret their vote.This process will keep repeating itself while we have Democracy, I believe that its not working and maybe we are better off leaving our politics to the professionals elected by professionals.
I also want to thank you for all the replies you posted on my 2020s posts, they have helped keeping the 2020s posts alive. Again, thank you.
reply to user: Not only that but many people are also misinformed because Democratic candidates lie and be all fake to get votes and on top that they also spread rumors about other candidates or pretty much anything so that they'll get more votes, its bad because not only many people already don't know what is best for their country but they will find it very difficult to know for sure what will be best because of all the lies and misinformation.
reply to user: Its scary that some people out there actually believe that Jeremy Corbyn is anti-semetic, its such a ridiculous and desperate accusation just to make Jeremy Corbyn look bad and lose. And its scary because if people actually believe those bogus anti-Semetic accusations then it just shows how much the media controls us all.Donald Trump is indeed right about journalists and fake news being an issue, but I think the reason why journalism is such a joke in America is because it is privatized and they are becoming desperate so that they can survive kinda like 'IT' from the Steven King novel.Capitalism and privatization can corrupt journalism because capitalism makes journalism more about money and getting attention so it degenerates into what it currently is, but Donald Trump is very capitalist, which could mean that Donald Trump is a cause of journalism gone wrong and he is getting backlash from the world he helped to create whether he knows it or not.
Journalism does need to be regulated, especially now we are becoming fully aware of how powerful mass media can be. I could be blaming capitalism because of mass media and it could turn out that capitalism isn't to blame after all, but I still believe that its probably best for journalism to just focus on entertainment and to leave actual news to a more professional environment where the professionals highly focus on telling the people about unbiased truths.
submitted by 1capteinMARMELAD to The2020s [link] [comments]

Jiangzhuoer: BCH TOP 3 unique advantages - [BitKan 1v1] Craig Wright vs Jiangzhuoer

Jiangzhuoer: BCH TOP 3 unique advantages - [BitKan 1v1] Craig Wright vs Jiangzhuoer
Digest from BitKan 1v1 Debate. Get our APP to find more.

What is your main reason for supporting BCH?
What are the top 3 unique advantages as compared to other mainstream cryptocurrencies?
Jiang Zhuoer: I support BCH because BCH implements Nakamoto's design for Bitcoin. The title of the Bitcoin white paper is "A Peer-to-Peer Electronic Cash System", Hence, Bitcoin is designed as electronic cash.
The ultimate goal of Bitcoin is to become a world currency, a currency that everyone in the world can use, to bring monetary freedom to the world, so that the money in our hands is not inflated, not restrict by the border, and not get plundered. To achieve this goal, Bitcoin needs to expand the block to accommodate more and more users.
Nakamoto also made a clear plan to increase the block size.
However, in the expansion competition during 2014, the Core development team has been dissatisfied with the expansion of Sakamoto's plan, and eventually led Bitcoin to split into two currencies, BTC and BCH, in August 2017.
Subsequent developments prove that BCH is correct in the expansion of the dispute, during 2017 bull market, there was a huge congestion on the BTC network, a transaction fee reached a shocking thousand or even thousands of dollars, this conflicts with what Satoshi Nakamoto envisions.
In the following 2018~19, Core claims SW (Isolation Witness) and LN (Lightning Network) that can solve congestion problems proves its inefficiency.
isolation verification has only 1.23MB expansion effect
The lightning network is also almost useless. In the price increment during May 2019, the same congestion appeared as in the previous 2017 period has, and the transaction fee percentage has risen significantly.
Transaction fee percentage has risen significantly in two price surges
It can be expected that in the next 2020~21 halving of bull market, BTC will once again experience super-congestion. It is estimated that a transaction fee will reach several thousand yuan or even tens of thousands of yuan. This method is definitely not going to work.
Nakamoto said: I am sure that in 20 years, the number of Bitcoin transactions is either very large or not at all.

To discuss about BCH TOP 3 unique advantages compare to other mainstream currencies, I think is:
  1. The right direction: decentralized + large block, high number of users
  2. Community spirit: rational and pragmatic
  3. Infrastructure: layered design, main chain trading & side Chain smart contracts, this do not interfere with each other. Let me explain in detail
1) The right direction: decentralized + large block, the most important goal is to have High number of users, even if many Core supporters focus on the stored value function, there is a need to have high user count support, if there are no users, there will be no value. The most typical example is the stamp. The supply of stamp is also limited, just like BTC, but is the stamp market still hot? Is the value of stamp still going up? Why is the limited edition stamp value no longer rising? The main reason is no user, who is still using the stamp Letter now anyway?
So high user numbers are the most important goal of a chain. However, the high number of users cannot be violated the rule of decentralisation. For example, like EOS, there are only 21 super nodes designed, the risk is greater because it is not decentralized and not resistant to censorship. You only have 21 super nodes, 21 companies or individuals operate. When a government sends a policeman to a node, asks to freeze some you follow or not to follow?
There is a famous saying in China that “do not do more than you should". For example, people who don’t drink water will be thirsty, but people who drink too much water will lead to water intoxication. Adults should drink 2 liters of water a day, but if they drink, for a short time, 5 liters of water, it will be poisoned by water, produce hyponatremia, eventually lead to death if did not treated in time.
Similarly for block size, if the block is too small, as the BTC is only 1M, a transaction will cost around thousands of dollars during congestion, this definitely not feasible. But if the block is too big, as what BSV claims, a block needs to be expanded to 2G. Then every year, dozens of hard disks will be used for storage. To access the server, it will require very high CPU power, memory and processing power. Bitcoin will become like EOS, only left with dozens or even a few nodes. This method not feasible.
For example, recently the US government announced that it has banned the bitcoin addresses of two Iranians. When the government finds there are dozens of nodes and asks to block the address, should you listen to the government? If you listen, the government further believes that you are limited in speculation and disrupts finance. The government order you to modify the 21 million cap similar to ETH, and you can't listen to it.
Even if the government does not come to you, you only have a few dozens of nodes left. The hacker can launch a DDOS attack. paralize your entire network. You are known as the world currency. As a result, anyone can easily paralize you. Isn’t this a joke? ?
Therefore, BCH is such a moderate size that does not exceed the network hardware carrying capacity is the most suitable solution

2) Community spirit: Rational and pragmatic is very simple, the first is not to make empty promises, such as Core, while saying that to reduce the requirements of each node on the computer, reduce the price of node, so that the Raspberry Pi can also run the whole node. On the one hand, claims that every transaction is expensive, and there are no problems with thousands of dollars per transaction.
Second is to make the goal clear. Just like Deng Xiaoping’s cat theory, no matter black cat or white cat, only the good cat can catch a mouse. The goal of BCH is to become a world currency. As long as it is decentralized, it can improve the number of users. It is a good cat. Therefore, the community has little difference in the direction of development, and an improvement is measured by the ability to increase the number of users. This is an objective indicator, and the community is easy to reach an agreement.

3) Infrastructure: layered design, main chain trading & side chain smart contracts, do not interfere with each other
The original infrastructure design by Nakamoto is advanced, and it can reach very high transaction performance. For example, ETH now has a block size of less than 1M every 10 minutes. It is easy for a personal computer to run BTC's 1M block, but now a PC cannot run an ETH full nodes, thanks to the Bitcoin is based on UTXO design mechanism which is better than ETH's account mechanism.
Based on Bitcoin protocol, BCH use layered design. The main chain runs transactions with storing side chain data, so the requirement for the nodes is very low. The side chain nodes only run the smart contract data that they are interested in. If they don’t use, they don't have to run smart contract, unlike ETH, each node has to run all the smart contracts, so the requirement for side chain nodes in BCH also very low.
Therefore, the capacity of the BCH is larger than ETH. ETH is now congested and BTC is also congested. BCH can carry this part users who can’t stand congestion of BTC and ETH, and gradually accumulate its own users to meet a healthy cycle.

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Has Bitcoin entered the growth phase? How high will it rise in the next six months? What analysts say:

Has Bitcoin entered the growth phase? How high will it rise in the next six months? What analysts say:

Tom Lee: BTC can reach $27,000 in six months

Bitcoin value should go up to $27,000 in the next 6 months, Tom Lee, co-founder of Fundstrat Global Advisors, said.
He pointed out that BTC had moved back above its 200-day moving average — previously this led to a strong upward movement. In addition, halving scheduled in May, geopolitical tensions and even the epidemic of the coronavirus in Cina will become positive factors for the price of bitcoin.
“Whenever bitcoin breaks back into its 200 day, its average six-month gain is 197%,” Lee said.

Why Bitcoin has already changed the trend to a growing one

Bitcoin has moved into a growth phase, according to the trader and founder of Bloсkroots Josh Rager. On a chart, he pointed at a series of ascending highs and lows, each of which is higher than the previous one, which is a bullish trend by definition.
“For you BTC bears in denial, the trend has officially changed & many still don’t seem to understand that. I made a chart to show you what it looks like when a trend changes to higher-highs and higher-lows. It’s a simple concept. BTC even closed above a key level at $9,550,” Ranger tweeted.
In the comments, some users disagreed with the trader and told him that on large timeframes, the price will draw the first higher high only it will keep above $9’550 for several days.

Bitcoin has formed a strong bullish signal

Trader Blockchain Blitz noticed a “golden bull cross” that has formed on the BTC/USD daily chart — the intersection of the 50-period and 100-period moving averages. He pointed out that in most cases after this event, the price surged.
“Golden Cross on the 1D chart today for Bitcoin Historically speaking, from 2014, 7 times out of the 8 this happened, a rip upward followed,” the trader tweeted.
The “cross” appeared last time at the beginning of 2019, after which Bitcoin went up 3.6 times — from $3,700 to $13,300.
submitted by bestchange_pr to bestchange [link] [comments]

My PM convos with u/cicividivici

She always gave such amazing advice and contributed a lot to the old sub. She abruptly deleted her account around last summer and nobody knows why. Hopefully she'll come back again. And before you read on, keep in mind that this whole pm thread takes place over the span of a few months.
Subject: Quick question
[–]to [deleted] sent 1 year ago Now that I did that Mirror Method a couple days ago, do I continue to try to let go of this reality and perceive the new one or do I just completely forget that I did and let it come to me? I know you said that time doesn't exist but for some reason I have a feeling that "I need to hurry up".
[–]from [deleted] sent 1 year ago Whatever bursts of energy you feel or sensations of quickening, roll with it as in let your world unravel in its own way but focus on that ideal and not the reality. You have one foot in the old and one in the new. The operative word is "try" which sometimes can be a resistance. See and be in your world as it is desired. See nothing else except that.
[–]to [deleted] sent 1 year ago I have been feeling some strange sensations actually. Alright, I think I got it. Thank you
[–]from [deleted] sent 1 year ago How's the shifting?
[–]to [deleted] sent 1 year ago Unfortunately nothing still. I've been trying to forget thinking that it's a part of the process.
[–]from [deleted] sent 1 year ago In your mind, see your idealized self/reflection and walk through that reflection.
[–]to [deleted] sent 1 year ago Alright, I'll do that right now. If I don't reply to you in the morning, I guess that means it worked
[–]to [deleted] sent 1 year ago Nope. Alright, I think I know what the problem is.
[–]from [deleted] sent 1 year ago What?
[–]to [deleted] sent 1 year ago I think it has to do with my OCD. I keep on having these intrusive thoughts: if I can manifest anything just with a single thought, if I think of bad things those will also come true. So just about everything is making me afraid. One day I watched a horror movie and I'm still worried that somehow the killer could manifest. So I've just been afraid to "let go" because I could manifest one of my crazy thoughts.
[–]from [deleted] sent 1 year ago lol I've been there. I don't mean to laugh but actually resisting it is still a thought. Fearing it and saying "ok I won't think about it," is thinking about it. Approach the murderers and killers face to face. Then laugh in their faces. Give them your arm, let the chop it off and laugh. It's like a dream of falling. Right before impact, you wake up. I've pushed myself to impacting and I just wake up somewhere else in another dream. When you address the negative thoughts and walk right up to them and say, " I know you're not fucking real." They will run and backpedal because the thoughts and images in your mind know you've realized your power and are terrified of the machinations of your newfound power and it's ability to desecrate them. There's no negative--just your interpretation of it being so. It helps to balance your perception out. "As I walk through the valleys of shadow of death, I fear no evil for thou art with me." Death is a SHADOW. Like the reflections of branches of trees on your wall at night that look like monsters, they're illusions. "Thou" is the God within you that creates and commands all simply with thought. You can slay with a single thought. Close your eyes and see it.
[–]from [deleted] sent 1 year ago this is a good reminder to play in your background when in doubt. a lot of his lectures are very good refreshers and very visceral in some of them:
[–]to [deleted] sent 1 year ago Nothing can ever beat good Old Neville. Thank you once again. I'll let this sink in for a while.
[–]to [deleted] sent 1 year ago Another thing is that there's so many problems to fix that it's overwhelming. I'm trying to do damage control while at the same time there's problems that are coming my way. I know this is an illusion, but at the same time I'm still going to face consequences if I can't jump. You think jumping for a clear mind will work or something?
[–]from [deleted] sent 1 year ago You're thinking in conditionals before x, I must do/think y and thereby because I have all these steps to do on a mental plane, I'm never gonna get there because I'm blocking myself. *No. You're looking down a tunnel. From the point here • is you in this dimension and you see the dimension you desire. But you're looking at all the spaces and things and webs you have to crawl through (your mind, your blocks, etc) and you think you can't make it. The tunnel in your mind: Now •==============• Dimension B How you should try to think of it is: Compression. Bypass all those steps to where Now just melts into B. Now •|• B By acknowledging your blocks and illusions and not walking by and through them, you're creating more of them because you're so focused on the process. You're at the sliding doors of B but you're focused on if the mechanics of the door and your bodily matter and your speed will allow you to get through the door, and you're freaking out cause you don't want to lose your body and what if passing through the door steals your soul or what if you walk through and the door refuses to open, etc... when all you have to do is just walk through. Forget right here with every fiber of your being. And keep walking through and trust that you've made it. You're already there honestly.
[–]to [deleted] sent 1 year ago Haha, you don't even know how much that example sounds like me. Thank you.
[–]from [deleted] sent 1 year ago I've been you. Happy to help.🙏
[–]to [deleted] sent 1 year ago Hey, I've been taking some time for myself to figure things out. But I figured out that my life is pretty much an interconnected web of shit. There's no way I'm going to be able to fix every detail with "smaller" jumps and have to wait weeks to months for that one thing because that would take years. Do you think that it would be a better idea to just go for a "big" jump for a better life? I know it sounds vague, but I'm thinking of keeping some key things in mind that's making my life worse and just jumping to a reality where it doesn't effect me. I understand you've been really successful in making your life better through DJ, so what do you think of this?
[–]from [deleted] sent 1 year ago It's an interconnection of what you are trying to believe as true and what you've cemented as true. It comes off looking like shit because it's nonsensical to your ultimate intent and goal. Right now, it seems, you're trying to unravel knots within tangled cords and wires and the more you try to jump, it appears, you make new knots for yourself perhaps? I have found that big jumps, like manifesting events, are always ideal next to the smaller ones for some people, but with that, you must accept that the smaller things will come as they may. Fixating on the smaller things become moot when you see the results of the larger jumps and how they alter and oftentimes fix the smaller jumps you thought mattered so much. When you make the big jump, you have to abandon yourself "here" and completely merge, mentally and emotionally with yourself in desired space. If you've ever smoked weed or even a cigarette, that lightness and just floating sensation is similar to how you make it feel. You let go entirely of HOW it will turn out, you just go there. "Operating at high tension, an imaginal act is an immediate objective fact. Key it low, an imaginal act is realized in a time process." Hold the vibration of that desire.
[–]to [deleted] sent 1 year ago Thank you. So you're saying to make the jump, hold the vibration, and to not focus on the smaller problems?
[–]from [deleted] sent 1 year ago Live in the outcome of the jump. You're fast forwarding through the scenes you are in now to THE END of this play. The smaller stuff you're getting hooked on are props and lines within the acts of your play. The little stuff that you're focused on is creating conditionals. You need B to get to C. No you don't. Just get to Z. Zoom through it. The letters in between don't matter.
[–]from [deleted] sent 1 year ago Here's an example, if I am jumping right now to a space where a former partner pays me, the scene is this: We are sitting across from one another, and he apologize profusely for the delay. I hear and see the words, "Cheech, I'm so sorry for everything and this is long overdue," with sorrow at his misdeed but relief at having the opportunity to finally right the indiscretion. He has salt and pepper hair, and a white shirt on. He's a bit sweaty because he's nervous and he gets sweaty quite often. There's a knack of defiance because he knew that I doubted him but he's proud of himself to prove everyone wrong. The vibrations of his words coming from his lips tickle my ear a bit, as he reveals the certified check of seven-digits. "Cheech, check your email as well" he haughtily utters, "I've added a little more for you through bitcoin." I look at him without saying a word and take out my phone, and check my email. Surely enough Coinbase has informed me that I have BTC in my account, the value also in seven digits. I look back at him as he doesn't break his fixed gaze on me, observing my facial movements so as to gauge my reaction. I feel goosebumps because the moment is surreal but one that I had always known was inevitable. I am overcome with gratitude but I conceal it well with a balanced composure. With my legs crossed, and my hands cupped together, placed gently on my lap, I look at him directly in the eyes and say "Thank you Scott." I feel the wooden seat beneath me, the darkened dining hall we are in and the sun beaming in from the periphery windows. The weight of worry, anger, resentment, hatred, fear instantly evaporate from my entire being and I am overcome with absolute relief, happiness and an unbounded feeling of being limitless. I'm almost dizzy with excitement and elation. I tell him thank you again and apologize for the acrimony and vitriol we spewed at each other over the years, "You're still picking up the bill," I respond with coy snark. He laughs and I proceed to order and Irish coffee as he smiles. I've decided to loosen up a bit. Get all the way into the scene you desire to live and feel. And then replay it over and over, feel EVERY element.
[–]to [deleted] sent 1 year ago Well, I was thinking of a past altering jump rather than a manifestation, but I'm sure it can apply to both. On the other hand though, after all these months, I realized that I don't have to change the past to achieve my main goal. I just have to let go of the past. I appreciate the advice and the example, I know the perfect thing to use this on.
[–]to [deleted] sent 1 year ago Actually, could I jump to have never met somebody?
[–]from [deleted] sent 1 year ago Addressing your last question in this one as well. Because the past is a major source of inspiration for you, REVISE the pivotal choice or choices you made. Like editing a film, insert yourself into that space and time and play it out visually how you would have wanted it to go and feel it with every orifice of your body. This will not only help you let it go but override the sentiments that have been lingering in regards to what you wished happened. Feeling it, walking through it and speaking the words you would have liked to speak actually brings out some gnarly results if you can make it real in your sentient experience. Re: your question, "Actually, could I jump to have never met somebody?" Yes but if you hold any negative emotion towards them, it's harder. Go back to the space where you met them, and meet someone else in that space, OR go to where you met them and rejected the encounter (mentally and verbally, cutting the convo short, leaving a party, etc) and carried on with your day. Take an entirely new trajectory.
[–]to [deleted] sent 1 year ago Like the "cutting shears of revision" story by Neville? I never really thought of trying it on something bigger like to this, awesome. Sorry for the all over the place questions, by the way. I've just been really confused lately. Like I've studied all of this stuff for months, I've talked with George himself, read almost every post, done tons of reading, but when it comes to actually applying the knowledge to improve my life, my brain just goes dead. It's crazy.
[–]from [deleted] sent 1 year ago Yes, pruning your garden is one way to look at it. Neville's way it quite good cause it enables you to undo what looks finale. There's no finality in your world, just revisions. This is a good one by him: No worries about feeling scattered. It's normal. You just have to compress all the things that seem pressing, impossible and just overwhelming. You have the mute button. Studying is one thing, but the application can be the trickiest. I do a full system wipe for myself to get to my goal. It autocompletes based on the elements you seek most. But nothing you truly want or love ever leaves, so hold no fear of that. But I feel like you need a complete reset but that you trust can be so.
[–]to [deleted] sent 1 year ago Mute button? And what do you mean by complete reset?
[–]from [deleted] sent 1 year ago Project your life on a screen right now. What do you see? Mute it and just watch everything pass--all that you love, hate, that which leaves you indifferent. What would you change? My hunch is a lot. In your case, if you could shut the television off and tune to a different channel that's your life, which elements would you keep? What does the background of the show within the channel look like? Mute the elements you're done with and focus on that the few you would keep. Paint the new scene.
[–]to [deleted] sent 1 year ago Hmm, that's interesting. Just go over my whole entire life like that?
[–]from [deleted] sent 1 year ago No. Your life right now.
[-]to [deleted] sent 1 year ago Alright, from there I just keep that frequency?
[-]from [deleted] sent 1 year ago Yes
[-]to [deleted] sent 1 year ago Thank you, I'll update you.
[-]to [deleted] sent 1 year ago Well, I've basically dreamed out the perfect life I wish I had experienced the past couple years. Would it help to put a label on it and/or jump for it?
[-]from [deleted] sent 1 year ago Follow your intuition but whatever helps you attach to that image and feel the experience, you should but after the process, let it go.
[-]to [deleted] sent 1 year ago Alright, appreciate it!
[-]to [deleted] sent 1 year ago I said I'd up update you. So a couple days ago I decided to do the two cups on my desired past/present after mastering letting go. I haven't seen any changes yet, but my manifesting skills have improved tons. Everything I manifest comes true almost instantly, which is awesome. Still waiting on the main jump though.
[-]from [deleted] sent 1 year ago It's amazing isn't it? I've actually been inundated with messages but I always look out for my regulars like you and it's actually dope to hear some of you are keeping with it. Hindsight is 20/20 and you'll soon hit a point where you'll get why you had blocks. Your major jump will work seamlessly and as you practice with the smaller stuff, you'll find you slipped into the major one without realizing it.
Remember, every perceived block is just a call to keep pushing. The instantaneity will be your norm. And it's endlessly reassuring. You'll also be teaching this to others with great ease.
No matter what, even if you're encircled by fire, your mind is your magic wand.
Keep me posted.
[-]to [deleted] sent 1 year ago I sort of understand why I have the blocks, it just kind of sucks right now. And it's funny what you said about the fire, because I still don't feel like I can rely on it. The main thing I jumped for seemed to have gotten worse somehow about two days ago and I felt really helpless. It got pretty bad to the point where I thought that I'd rather die than have the jump not work, and the moment I thought that (I know this sounds crazy) it's like my heart threatened to stop itself. Sort of like that experience I told you about way back. I just find it weird that I'd be able to manifest my death instantly, but not a better way out.
Will definitely do.
[-]from [deleted] sent 1 year ago You're able to manifest death instantly because it was a fact you were so certain of--death was better than non-completion of the jump, and you let go without hesitation because you had a deep certitude. See how it works? Take that certainty you felt so deeply that your heart gave you that actual option of stopping right then and there and transmute that feeling into the jump. Remember that certainty and what you did when presented with it. Use that sensation and sudden surge to cross seamlessly into your desired state/dimension.
Sometimes it has to get bad before it gets better and then from there you truly do rocket through so many layers. You just have to build that momentum, which it seems like you're really doing now.
[-]from [deleted] sent 1 year ago BTW, you'll never die. You're immortal. You'll just keep coming back until you "get it" or master that you're always in control in every single aspect of your beingness.
But the way you stated that you'd rather die and that was an absolute fact to you, your heart threatened to stop. Use that concept of "it's a fact that I'd rather die" and replace it with, "It's a fact that I am _____________" [say the place, person, thing, state, sensation you seek]. MIMIC that feeling of it being an absolute, uncontested certainty that you feel and know in every part of your heart and soul.
[-]to [deleted] sent 1 year ago Would I come back as a different body though? It'd really suck to lose all the progress I've made so far and not remember.
And does it help to be emotional about it? Because I was on the verge of tears while thinking that.
[-]from [deleted] sent 1 year ago If you're emotional about it, then don't dabble with it. You're attached to the body and the concept of yourself still in this body. Ideally, you'd phase into a specific spot in the loop of your existence and replay the part you'd like, oftentimes not even remembering you died. It takes great detachment from the concept of your body, great control and trust in yourself to navigate it.
Work through the grief and fear. Ask yourself why you feel this way and recognize all the constructs you have that's causing you to feel this way are illusions.
[-]to [deleted] sent 1 year ago So like "The Discovery"? And sorry for the wait. I actually had an asthma attack and had to go to the hospital, ironically.
And I'll try my best to investigate, I'll tell you what I find.
[-]from [deleted] sent 1 year ago Very similar to the Discovery. The only reason he was able to see all the times he died was because he made the conscious decision to go there by entering his father's machine. After rejecting it for years, he said fuck it after Ayla died. And through that free will of choice and choosing to explore "death," he was able to see an entirely different perspective of what it really means.
So you're exploring it and even your asthma attack is an extension of that too--you're on the precipice of leaping/you already have leaped and the fear of the unknown biologically grips you. It's a normal reaction because we've all been conditioned to fear death. Humans are leveling up right now but the growing pains are difficult for many.
[-]to [deleted] sent 1 year ago I mean, I don't think I fear death that much, I just don't like the pain that usually comes with it. I've almost died a couple times, but the last time I was hospitalized for asthma, and I was so close to dying. I mean, I just couldn't breathe. Imagine breathing through a coffee stirrer for hours straight and it even hurting while doing so. It was a very scary experience.
But as for what's keeping me from jumping, I'm clueless. I don't know if I told you why I'm jumping, but my life is a mess: I've always been a good kid, thinking of the consequences to actions and whatnot, I dunno what happened. About two years ago I started spending so much time on Reddit and not making good choices, I met some bad people, I sexted (even though I was underaged), and spent so much time that my school average took a dive, and I barely talked to my family anymore. My mom took my phone and pretty much made my life hell for about a year, and still doesn't see me the same (nobody does, really). I never had much of a good family anyway, now that's down the drain, I've been doing better in school, but I don't think I can get back to where I was, my social life is shit (my mom is to blame here), and I forgot to add I've actually been catfished and emotionally abused here that still kinda hurts to think about.
My jump will basically be an alternate reality where none of those things ever happened. Although, I don't know what's stopping me. I realize these are just experiences and I can choose a different one if I desired. And I realize I'm the sole creater of this reality (well, me-as-awareness), and I've even manifested people to straight up tell me that they're not real. I understand I have to be patient, I just don't get what's taking so long.
[-]from [deleted] sent 1 year ago So you have to revamp the way the you think. Key phrases, "I don't like the pain that usually comes with it?"
Says who? Who says there's pain? How do you know there's pain? Have you died yet? You have preconceived notions about death already that cement you in that space. You haven't reclaimed your mind. Death is anything you'd like it to be. Whatever you expect is EXACTLY what it will be, so start at the root of it and change the way you think or what you expect. Believe you can or you can't, you're right either way. Death for me is a jump, a shift, or worse, a fucking loop back into the same space where I know intuitively I have to choose differently.
When you catch yourself panicking and being engulfed in fear that this is it, stop yourself, stop time and remind yourself this isn't real. I've choked several times, twice in front of people and stopped them from pumping me and just pumped myself till the lodged food and pill came out.
"But as for jumping, I'm clueless."
You're not clueless. You're just bound by limited thoughts and experiences and the eagerness to get out leaves your energy centered in the rejection of the current state rather than the insertion and immersion into the desired state. They both have the same power but the attention to which you pay to either is the one that decides. If you can manage to literally ignore your entire world now and remember it as a dream, you can shift the ENTIRE image rather than the little things that you believe need fixing--from the drama with your mom, your friends, being catfished, etc. You need a complete override where your entire setting changes. How old are you? You literally have to let every single facet of that go.
Read the book, "There are no others" on Amazon. It's 37 pages. It's quick but a solid reminder that if there are no others, then this is ALL you.
[-]to [deleted] sent 1 year ago Funny, because Egyptians actually believed that about death. I'm not so sure what's bad about knowing you died though. You describe it like going respawning back at your last checkpoint like a game, right? But you're right, there's nothing that I should fear.
And you mean let go of everything including my age, or you were legitimately asking?
I'll check out the book though.
[-]from [deleted] sent 1 year ago There's nothing bad about knowing you died but coming back to a checkpoint you want to surpass or transcend could be like where you are now... can feel like Groundhog Day. You keep looping and any choice you make, shift you take keeps you in the same repetitive cycle and you don't know which is the beginning nor the end or even how you got there.
Do you know that you're at a checkpoint you keep repeating? Death just keeps bringing you back until you choose differently...or in my case...I didn't choose at all.
Pay attention. "Déjà vu" is a hint you've been there before and there's been a shift. Always do the opposite of what you'd normally do and if caught in the nothing. Let go. That's the best way to crack the illusion.
[-]to [deleted] sent 1 year ago Ah, I understand now. So how do you avoid it?
And about what you previously said. It's hard to not focus on my undesired reality since it's always in my face. I try my best to just avoid it, and not pay attention when bad experiences arise, but lately I find myself just stuck in exactly what I'm trying to avoid.
[-]from [deleted] sent 1 year ago Self-abandonment. I never get attached to the space I'm in or the reality I'm in unless I want to. I see myself as a floating being who can shift from any moment to the other--that allows me to let go. Whatever is in my face can easily be effaced and erased. And upon starting that, it is.
[-]to [deleted] sent 1 year ago Ironically, the person who catfished me messaged me right before you did and deleted the account. Talk about burning fire, eh? I haven't heard anything about them since February and I've been praying it stayed that way.
So should I get away from Reddit and stop talking to people for some time? I felt like I've been meditating all night on the new reality, should I continue that as well?
[-]from [deleted] sent 1 year ago So what you're witnessing is manifestations happening immediately. Having spoken about the catfisher yesterday in your messages to me and probably having a visceral conscious or subconscious reaction/remembering that trauma literally manifested their phantom back into your mindspace and now your "live" space.
You met them on reddit?
I've actually been contemplating holding a meditation/visualization session for a few of my regulars where we meditate in tandem--not on the same thing but knowing you have a partner who is co-creating with you even if it isn't about the same thing I have found to be very helpful. Yes, ideally if you can isolate yourself for a prolonged period of time, even for a day, renders amazing results because it's focused and then you let go with ease because you've experienced it for a very long period of time.
[-]to [deleted] sent 1 year ago That sounds about correct, and yes I did meet them here. Surprisingly there's a dark side of Reddit.
And I like the sound of that, I've thought about that idea before. I'll also try to isolate myself again sometime soon.
[-]from [deleted] sent 1 year ago Reddit can be a shithole of dark people eager to spread their own misery and unhappiness but it forces one to also check one's inner voices and doubts because this a perfect spectrum for that. It's a literal mirror for me.
A day of isolation and visualization can render unbelievable results honestly. I do it remotely with people. It can be super trippy.
I'm gonna ask you a question. Don't think about it. Just answer the first thing that comes to your mind after I've posed it.
What color pops into your head right now?
Don't think. Just answer. Don't change the color you see and feel. Just answe.
What color do you see? Feel? Read across your eyes?
[-]to [deleted] sent 1 year ago Well fuck, if that's the case I guess there's a lot I need to change about myself.
But as for the isolation, I'll definitely try that this weekend. I'll be leaving for this summer as well, so there's that.
I'm gonna go with teal...?
[-]from [deleted] sent 1 year ago No, just catch and pass through the things you think. Deal with it as it comes rather than trying to revamp your entire self. Just watch your thoughts and pay attention to how it's reflected in your external world.
Isolation is invaluable, but also know that it's normal to get distracted midway, want to move around or completely "take a break," or not do it at all. The way you can watch TV with your eyes, watch the TV of your life and visualizations in your mind. Live it, feel it, immerse yourself in it until you have no desire to change the channel because it is real and self-directed
The color was green. Very close. I sometimes pulse images, words and thoughts to people I chat with on here, just to see how open they are.
[-]to [deleted] sent 1 year ago I suppose you are right, it's a direct reflection of my thoughts. But again, it just continues to rise in my experience, which I don't want. I'm still working on a detachment.
I definitely will do this. When should we try the meditation?
That's interesting, does it work often?
[-]from [deleted] sent 1 year ago Just reading this. We can try whenever you want, but key things have to be defined for you so I know best how to form it and phrase it so you hold that image and intent firmly in your mind.
[-]to [deleted] sent 1 year ago Oops, just read this as well. I guess I could do it on Monday, I need a day to figure things out.
[-]to [deleted] sent 1 year ago Well, that day for myself was nice. I think I've got the idea in my head of the reality I want to experience. I went over some particularly bad situations and played new memories over them and I now have an overall idea of how I feel in my desired reality. Another thing I've been trying to get the hang of is the idea that that reality does exist and that I can experience it, because for the most part it feels like fiction.
[-]from [deleted] sent 1 year ago Another thing I've been trying to get the hang of is the idea that that reality does exist and that I can experience it, because for the most part it feels like fiction
It feels like fiction because in this point in time, we are stuck in a temporal loop. I woke up this morning and discovered something that I had effaced weeks ago, intentionally and clearly. It reemerged again, exactly in the same spot of a picture reel I had. So you're not going crazy but there is an entanglement of sorts taking place. I am one of the clearest jumpers I know and there have been many alterations to the collective timeline of humanity IF you abide by their matrix. I slip in out of theirs and mine. This is why I always say manipulate time or yourself.
But the feeling that it's fiction isn't false. You went from asleep to awake and the whole point of this matrix is to keep you asleep. Keep pushing and altering. But this morning was definitely a wake-up call for me.
[-]to [deleted] sent 1 year ago Well, I decided to do the two cups yesterday. From "problematic" - "escape" because honestly, that's what I need right now. I conjured a really good image after doing that TV exercise, which is really hard for me and just did the ritual. I'm really hoping it works this time because I've done this countless times with no effects. It might be the lack of faith, I don't know. I just want this so bad, and the thought of not being able to escape my shitty situation is something I fear.
Something different I'm doing though is getting back into LoA. I honestly abandoned it for a while once I found out about DJ. I need to work on the long term after I do my jump. Because for months I've been thinking "I need to jump to this alternate reality if I want to continue with my life" and all I've been thinking about since February (sorry for changing the topic, but holy shit February was never spelled that way for me... That's crazy) is this one jump. This is a big time in my life as well, I'm graduating soon and I need to think about my future. But I've just been here only thinking about this barrier and how I can jump to get past it, that can't be healthy.
[-]from [deleted] sent 1 year ago LOA and Dimensional jumping are the same. LOA is compartmentalized frequently. DJ is world shifting.
Your future is your NOW. The more you think of the barrier, the more you cement it. Observation/thought is creative so you're just creating it more. Remember what your energy is.
[-]to [deleted] sent 1 year ago It's been working, and I've learned tons more about reality since a last spoke. Everything I've learned has sort of finally clicked after I watched this video over and over again.
[-]from [deleted] sent 1 year ago This is some of the best news I've heard. You made my day.
I've watched this video. It's amazing. I feel like we've talked about this before, no?
[-]to [deleted] sent 1 year ago Haha, glad to hear it.
Yeah, but I found that every time I watched it, I got something new out of it. Such as allowing my barriers to work to my favor.
[-]from [deleted] sent 1 year ago Welcome to the club.
[-]to [deleted] sent 1 year ago Yeah, my life has been improving tremendously so far. Instantaneous manifestations. Nothing on the main situation yet, but hopefully soon.
[-]from [deleted] sent 1 year ago I've been watching the universal line and the recent 3 minute video on money manifestations. The definition changes every time I view it.
[-]to [deleted] sent 1 year ago Nice to hear from you. Yeah, I saw that video as well. If I forget something, I watch that to refresh the info. I wasn't kidding about finding something new every time. Hope you had a great July 4th!
[-]to [deleted] sent 1 year ago Hey, do you have any advice on manifesting faster? I remember what you said about redefining time and that it should be like a projector, but I might be struggling with that.
[-]from [deleted] sent 1 year ago Letting go. Set it and forget it. I wish I had better or more visceral advice other than setting and trusting the process with every iota and fiber of your being like you trust that air fills your lungs.
[-]to [deleted] sent 1 year ago Thank you. I'm going to be taking a break from Reddit for a few weeks, so hopefully that will make the process a bit easier.
[-]from [deleted] sent 1 year ago Just had another redditor message me about the negativity and denial of the jumps on the board too. I told her it's nothing that should discourage her rather its people still trying to find their stamina but also who are also unwilling to do the mental work to push through blocks and seek to inundate the board with their negativity.
If this is your experience too, remember this is your subconscious testing you. Watch it, read it and e lad that mindset isn't you. Walk right through it, wish them well and keep remembering all those times you manifested with amazing ease.
[-]to [deleted] sent 1 year ago I sort of needed to hear that, thank you. I'm trying to have complete faith in my jump, but I've never really been good in having faith in anything so it's been tough. A few days ago I felt like giving up completely, but I pushed trough that. I keep on feeling that by having any sort of doubt, it gets rid of all the progress I put in, that's something they teach a lot in the occult that stuck with me.
[-]from [deleted] sent 1 year ago It doesn't get rid of it but it interferes with the smoothness of the manifestation and delays it but it's a normal process and expected. Usually when it all seems to be going south, it's a sign it's going north.
The lull phase is worse than anything. Purgatory is the true he'll. But keep pushing. 🙏
Even when you do give up, you never forget what you know so you always come back and the progress isn't undone. You're the teacher and the student at once.
The paradox of life. You always decide.
[-]to [deleted] sent 1 year ago Funny thing, I'm reading the second book of the Divine Comedy, "Purgatorio." I really appreciate your advice!
[-]from [deleted] sent 1 year ago Synchronicities abound today. We all mirrors of each other.
[-]to [deleted] sent 1 year ago Yeah, I can really see that.
And I'm not sure where these messages fit in the convo, Reddit always messes up and puts stuff in the bottom for some reason
[-]to [deleted] sent 1 year ago Well, I probably won't be on here for a few days, and see where the isolation and my intuition takes me. But when you told me to "think bigger" and not jump specifically for the smaller problems, that struck a chord with me. Now I guess I'm back to square one again, figuring out what to jump for. Sorry for being a mess, I can't imagine anyone has taken this long to jump. I'll update you soon.
[–]from [deleted] sent 1 year ago Think bigger in that the possibilities and ways in which it could manifest. If you're stuck on it happening a certain way, you're limiting the endless possibilities in which it could happen.
Say I want seaweed. By stating it, I don't care how it manifests in my lap instantly, I just know it just does. A couple minutes later I may get some random cash and suddenly while I'm at the market, I pick some up or a neighbor I run into while throwing my trash out says, "hey I have some extra seaweed. Want it?"
For instance, I want to date one particular guy I met on Friday. I've stated it to the universe that Dmitry from my cobbler's shop is my boyfriend here and now. I don't worry how the particularities align for us to reconvene or meet again, but without much thought/focus/attention it will manifest.
Forget the how. Just let it happen.
[-]to [deleted] sent 1 year ago I'm not having a problem with that, because I can't imagine I could be picky in my situation. I'd probably just wake up and find myself in a different reality. I guess my issue is believing my past can be changed. It's a really deep thought that I cannot. I've made really bad mistakes and I'm still living with those consequences. It's hard to imagine an alternate reality where they don't exist. But I'm organizing my thoughts now so I can do that TV exercise you explained, so here goes.
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