Showing posts with label decentralized. Show all posts
Showing posts with label decentralized. Show all posts

Saturday, February 3, 2018

What Goes up Does Come Down ~ Opportunities & Options Game On!

Stock Market Downward Trend Chart


666 Is Never A Great Combination 

After such a fruitful run these last few years, today Wall Street is hit deep. A reminder that the markets possess a high volatility. And it's back with a vengeance. It's only been 8 other times that the Dow has hit below 600 at 665 about 2.5% at close. This is the steepest decline since 2008. Even the European markets are fairing the sting.

As a stronger than expected jobs report added 200,000 manufacturing jobs equaling a $0.09 or 2.5% wage growth. Was it the fear of interest rates hikes that sparks the sell-off. Or just a panic? Moving forward, what does this mean now? 


Just off the heels of President Trump's State of the Union  where the Commander In Chief proclaimed 2.4 million jobs added, jobless claims at a 45 year low, the Dow Jones roars 25% last year. Analysts believe that the tax cuts and deregulations contributed to corporate profits, employee bonuses and rising stock prices. 

This is all great news for everyone across the board in the financial world. So why then did the markets react as they did? Is this a sign of something positive or an inkling of a much more volatile market in the days ahead.





The possible worry could have been if the Federal Reserve decided to rise rates. Which would have a rippling effect within the financial industry. 

Federal Reserve "Fed" for short, is an U.S. financial institution who job is primarily responsible for the upkeep of our banking system. It can dispense trillions of dollar into the economy to stimulate growth and employment.

Why rise the interest rates? Generally, in fear of "inflation" or simply, if your money starts to buy you less than before.  Another way to look at inflation, there is more money circulating than products to buy. So the bank slow down the money power by making it hard to borrow.  In a nutshell!

The  fed regulate the base interest rate that banks can lend funds to another bank. All other banks rates are adjusted around this set figure. Higher rates means less loans, because more interest in being paid on the money they already have in the banks.

They first raise the rates they charge large corporation better known as prime-rates. Next, mortgages and credit cards are rated against the prime. Then , small business and personal loans are affected. And that folks, is how they run our money. 


Decentralized Banking?

Makes you think a little about why all the fuss over altcoins & cryptocurrencies. 

Buy or sell Cryptocurrency Hodl Long Term

Makes you go uhmm.........


Yes, even the digital currency has taken on their fair share of onslaught this week. All major cryptocurrencies are in a back paddling mode. 

As always, best bet is to hodl, cryptocurrency should have been brought with the intention of a long-term investment. If you must sell, do 30%  and re-invest into another altcoin.



Always do your due diligence and seek professionals in that field. 



Top 10 Marijuana/Cannabis Stock


ACBFF  - Aurora Cannabis Inc  -17.84%
GWPH   - GW Pharma PLC             -1.77%
PRMCF - Cronos Group Inc         -15.19%
TWMJF - Canopy Growth Corp  -13.59%
CBDS   - Cannabis Sativa Inc    -7.09%
THCBF - THC Biomed Intl Ltd    -22.36%
APHQF - Aphria Inc                       -12.13%
SMG      - Scotts Miracle-Gro    - 0.24%
MEDFF - MedReleaf Corp            -12.31%
CNTTF - CannTrust Holdings      -10.73%








STOCK MARKET



















ETFs To Watch (Cannabis related):


  • American Growth Fund Series Two Class E     (AMREX)        $4.57     -0.20     4.19%
  • Cronos Group Inc.                                                     (PRMCF)         $5.51     -0.99    15.19%
  • ETFMG Alternative Harvest ETF                       (MJX)              $30.42  -2.49     7.57% 
  • Horizons Medical Marijuana Life Sciences     (HMMJ)          $16.45   -1.83     10.01%
  • AdvisorShares Vice ETF                                             (ACT)               $26.22   +0.40   1.50%


 02/03/2018 Market Summary



Dow Jones       @ $25,520.96 (-665.75   2.54%)

Nasdaq                @ $7,240.95  (-144.92   1.96%)


S&P 500    @ $2,762.13  (-59.85     2.12%)





*In the CRYPTO world "HODL"*           Sell some, Hold others!!!

  • BTC Bitcoin  - $8.896.43  -2.52%  (24 hr.)
  • BCH Bitcoin cash - $1,220.97  -5.62%
  • ETH Ethereum - $991.05   -10.16%  
  • XRP Ripple -  $0.896   -6.74%
  • LTC Litecoin -$131.73  -7.26%
  • NEO NEO - $121.21   -3.52%
  • ADA Cardano - $0.396  -6.02%

Cannabis Training University - Master Certification

Companies that I am researching in 2018. These are not recommendation as stated, yet, are companies within industries that I feel are worthy of potential gains









WeHit's 2018 PICK & TRACK  02/03/2018 
COMPANY LAST CHANGE     %
AMBA  Ambarella Inc $48.15 -1.59                3.20%             
ACBFF  Aurora Cannabis Inc $6.86 -1.49                17.84%
AVAV    AeroVironment Inc $49.78 -2.67                5.09%
EXEL    Exelixis Inc $30.22 -0.44                1.44%
A      Agilent Techn. Inc. $71.25 -1.62                2.21%
HIMX   Himax Techn. Inc. $8.60 +0.23               2.75%           
HTC      HTC Corp$70.60 +0.10               0.14%  
RIOT    Riot Blockchain Inc $12.16 -0.14               1.14%         
SIEB     Siebert Financial Corp. $8.68 -0.32               3.56%                  
STM     STMicroelectronics $22.83 -0.80               3.39%     
ARE    Alexandria Real Estate Equit $124.12 -1.16               0.93%
SYNA    Synaptics Inc. $41.20 -1.33               3.13%                 
IBB      iShare NASDAQ Biotech ETF $112.14 -1.84              1.61% 
TWMJF  Canopy Growth corp $19.40 -3.05              13.59%           
KEYS     Keysight Technologies $46.38 -0.81              1.72%  
VFFIF    Village Farms International  $5.75 -0.68             10.62%                    
O A         Orbital ATK Inc.$131.86 -0.14              0.11%
VRTHF  Veritas Pharma  $0.45 -0.03              6.03%                     
VTC       Vertcoins $3.22                       -1.82%  
VUZI     Vuzix Corp. $8.45 -0.25              2.87%





Weekend  5  BIG GAINERs & LOSERs  02/03/2018 
COMPANY LAST CHANGE     %
Mattel Inc $16.53 +1.21                 7.90%


                   
Motorola Solutions Inc $103.87 +4.90                  4.95%


                  
Charter Comm Inc $387.50 +16.32                4.40%


                     
XL Group Ltd$38.25 +1.46                  3.97%


                     
Edwards Lifesciences Corp $131.83 +4.70                  3.70%

Freeport-McMoRan Inc $17.97 -1.48                  7.61%


                   
Fortune Brands Home & Sec. Inc $64.90 -4.93                  7.06%


                    
Clorox Co $130.91 -9.42                  6.71%


                     
Advanced Micro Devices Inc$12.45 -0.80                  6.04%


                    
CBS Corp $55.40 -3.53                  5.99%


                    



CTU Affiliate Program Signup









"LET's DO THIS"

Copyright © 2018 Andrew Hayes All Rights Reserved
DISCLOSURE: This post contains sponsored ads and I will be compensated if you make a purchase after clicking on links.

Wednesday, November 15, 2017

The Big Debate: Will (BITCOIN) Replace Our Current FIAT Monetary System?



Bitcoin

Here's a coin, there's a coin. Everywhere a coin coin....... 

Bitcoin, Altcoin, Litecoin, Swiftcoin, Peercoin, Mazacoin, Potcoin, Titcoin, Vertcoin, Blackcoin, Primecoin, Emercoin, Dogecoin & even Namecoin.  

   With some 1100+ altcoin on the market as of November 15, 2017. The term cryptocurrency is no longer just a buzz word anymore. These coins, which is funny, cause their not really coins. More so digital currencies have taken the financial world by storm. 

   In the Internet Of Things (IOT), technology has moved forward in such a manner that it is now within humanities grasp. To envision a society where global commerce can truly be expressed independent of centralized banks or third party entities.   





  What was once barely a blimp on few industries radar just some 5 yrs ago, has now flip the movers & shakers of the world into a frenzy. Many are split on it's significance and future. All the while, stirring up extensive considerations. 


So the debate is up!

   Are these cryptocurrencies here to stay? Are they just disruptive commodities within the financial sector? Is the Bitcoin value in a bubble? Or has society create a multitude of future billionaires & millionaires?

   Some of the world most influential personalities have weighted in on this very topic as well. 

Take for instance, 

  During an interview with CNBC at eMerge Miami, Apple's co-founder Steve Wozniak  I remember getting interested in bitcoin some time ago," Wozniak said. It was $70 for a bitcoin, I went online and you had to have a special bank account at a special bank and I couldn't buy any bitcoin so I gave up. Eventually I got some of them at the $700 stage and it went down to $350. I didn't invest, I did it so I could play with bitcoin.
    
   Or Jamie Dimon, CEO of JP Morgan who provoked an immense firestorm after his statement on Sept. 12th 2017.  Saying that cryptocurrency is a fraud. It's just not a real thing, eventually it will be closedat a conference held by CNBC and Institutional Investor.




Michael Novogratz - Billionaire investor, former hedge fund manager at Fortress Investment Group. Said Bitcoin is a bubble. But, should own it.  He also predicts by the end of 2018, Bitcoin will be valued at $20,000.

   On June 26, 2014 Actor/Investor Ashton Kutcher tweeted Bitcoin......sort of like internet in the 80s.Again around Jan. 28, 2016 during the elections Ashton tweeted to his followers Why do I get the feeling that the best hedge against a Sanders or Trump nomination may be buying bitcoin?

Microsoft’s co-founder Bill Gates revealed an interesting take on the cryptocurrency. In 2014, in an interview with Erik Schatzker of Bloomberg's Smart Street TV show. Gates is quoted as saying,
Bitcoin is exciting because it shows how cheap it can be”  Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.

   Robert Shiller, the Nobel-prize winning Yale economist who predicted the 1999 dotcom & 2006 housing boom. Was asked by Quartz - an online news media what was the best example of a speculative bubble. Shiller replied, “The best example right now is Bitcoin. And I think that has to do with the motivating quality of the Bitcoin story. And I’ve seen it in my students at Yale. You start talking about bitcoin and they’re excited!



DISCLOSURE: This post contains sponsored ads and I will be compensated if you make a purchase after clicking on my links.

   Sentiments like these have developed worldwide. First, there is uncertainty due to the fact that this is something new. Change is always apprehensive. When a small group of individuals set out to disrupt the status quo, there will be feathers to ruffle.


What are the disruptive issues that cryptocurrency bring forth?


  • Decentralized banking - No third parties involved
  • Accountability - Regulations
  • Business as usual - Those relying on physical currency for payment....child-care, odd & end (under the table) jobs etc.,


Pros - Massive returns, protection from payment fraud, transactions cannot be reversed, limiting identity theft, industry growth, short-term gains, liquidity, lower fees, instant payment 

Cons - Huge volatility, hacking, dips cause by hard fork, network speed/stalls, infancy - growing pains, anonymous use for illegal activities as in Silk Road, high risk loss, lack of security, lack of regulations, scaling issues. 



   As mentioned, Bitcoin as well as the Blockchain technology are in it's early development phase. Once the world continues it's integration, as more and more businesses/commerce except this form of payment into society. The evolution of our current fiat system is in fact inevitable. Maybe not so much in the next 3-5 years. Yet, don't be surprised that within 5-10 years a vast percentage of our planet has accepted cryptocurrency.   



Albert Einstein is quoted as saying, The world as we have created it is a process of our thinking. It cannot be changed without changing our thinking.




What 's your  opinion? Yay or Nay on digital currency? 

Are you invested? 

Do you plan on investing in cryptocurrency in the future? 



   Whether you are a fan of Bitcoin or maybe not so enthusiastic about these altcoins. The consensus seems to lean toward a continued interest and cultivation in these currencies. A least through the near future. 




Watch out for a Bitcoin Accepted Here sign near you!



Copyright © 2017 Andrew Hayes All Rights Reserved

DISCLOSURE: This post contains sponsored ads and I will be compensated if you make a purchase after clicking on my links.

Wednesday, October 4, 2017

BLOCKCHAIN? Understanding the Difference Between Blockchain & Distributed Ledger Technology

DISCLOSURE: This post contains sponsored ads which I will be compensated if a purchase is made after clicking on my links.

   Some may believe that there is only one (1) "Blockchain." In fact, there are a few types of blockchain depending on the application.

   We first should understand that there are technical differences between "BLOCKCHAIN" & "DISTRIBUTED LEDGER TECHNOLOGIES." as well.



   Blockchain core spotlights how data is stored & linked to each other in an sequential order represents one type of distributed ledger technology or DLT. In it's simplicity, with this technology you have a secure open source peer-2-peer network within one system, (think of it as if all these networks are within one bubble) transmitting digital records or transactions called a block. 


   The variation in this blockchain is that these sequence of blocks are "chained" without having to utilizing a middle-person whereby maximizing efficiency & cost.



 While distributed ledgers spotlights the sharing of a database throughout all validators or nodes within that network or bubble. Depending on the entity being used, DLT need not depend on such a chain nor require proof of work. 

These ledger are a type of database that are transmitted across multiple nodes. A normal database would consist of a central assembly, since we are talking DLT's, thereby these network will be decentralized.


   The details in these blocks are giving an unique cryptographic number (hash function, proof of work or provable security) and are time stamped. Even though these blocks are made public, only the owner with their own personal "private key" has admittance. Hence, they are called "Public blockchain" and are synonymous with our cryptocurrencies technologies used today.




   The Bitcoin behavior was the first to use this particular form of blockchain. Other virtual currencies (Ethereum, Litecoin, Dash, Ripple & Monero) use different procedures enabling faster transaction, better security, privacy & anonymity features yet with similar results. "Mining" adds value to each block by rewards the contributing computing capacity for each hashed sequence or chain.

      Next, you have what could easily and has been compared to as a shared database. 



   Instead we referred to as "Private blockchain." This is more of an internal based sharing ledger where one central entity is a privy to read and/or write. Where public access may not be necessary. Private blockchains can provide privacy and scalability solutions due to all the nodes (computers) being strictly controlled. As we are still talking blockchain technology, keep in mind that there are consensus mechanisms, signature verification & computation requirements.

   An alternate private blockchain called Consortiumfederated blockchain allow multiple entities within an industry to share confidential data. Useful with the likes of banks, energy companies, healthcare industry, insurance agencies. If we use the bubble description as above, just picture multiple bubbles only some having a type of bridge that interact with a specific bubble or network.


 What is Blockchain

   This technology is in it's infant just as the internet was just a little over 20 years ago. Emerging peer-2-peer usage will include data storage aka cloud storage, digital advertising, movies, music. Identity theft - digital ID.....birth certificates, passport. Eliminating the middle-person in digital or smart contracts evening avoiding voter fraud. 

   Hang on.....cause this technology is going to revolutionize multiple industries. There's a buzz surrounding this technology for a reason.

Investment Opportunities?



REAL TALK
Copyright © 2017 Andrew Hayes WeHit All Rights Reserved

DISCLOSURE: This post contains sponsored ads which I will be compensated if a purchase is made after clicking on my links.