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Market News
Weekly-16
22nd OCTOBER 2019 FED PRINTING BITCOIN MARKETCAP EQUIVALENT When Bitcoin was sitting around $7.9K USD earlier this week, its market cap was sitting close to $140 billion. As reported by Bitcoinist, in just two days last week, the US Federal Reserve “…has continued its streak of quantitative easing, by pouring in funds to uphold the...
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Weekly-15
15th OCTOBER 2019 VITALIK STRIVING FOR MOST SECURE CHAIN This week, Ethereum co-founder Vitalik Buterin made a bold statement at Devcon 5 that after Ethereum transitions to Proof of Stake (PoS) “…the cost of a potential attack would make Ethereum the safer network of the two”, with bitcoin being the other. The switch from the...
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Weekly-13
1st OCTOBER 2019 RESERVE BANK OF AUSTRALIA (RBA) CUTS INTEREST RATES TO HISTORIC LOW  The official interest rate has been cut yet again by the RBA to a new record low of 0.75%. The cut of 0.25% follows similar an earlier cut in July. RBA Governor Philip Lowe highlighted the following points in his post-meeting...
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Weekly-11
18th SEPTEMBER 2019 THE ALLURE OF A DOLLAR COST AVERAGE I’ve talked about dollar cost average approaches to investment plans before – which refers to assigning a fixed investment at a fixed interval over a long period. For example, $100 a week, every week for two years. This approach can work particularly well for those...
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A SLOW WEEK WITH NEW OPPORTUNITY The crypto market cooled down a bit this week. Bitcoin led the downturn by coming off the $14K USD high to retrace about 43% (down to $10K USD) over five days. With bitcoin’s impressive performance skyrocketing to a 170% increase over 58 days at its peak last week, don’t...
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Have you ever asked yourself why people in today’s day and age are so desperate to, “invest” their savings? The simple answer is inflation. Capitalism has installed in us that “inflation is healthy” as it, “helps the economy grow”. However, what people do not realise about inflation is it really just makes the rich get...
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Here is a non biased explanation of where Bitcoin price is at, and where Blockchains future resides. Firstly, it is important to understand that Bitcoin is young, and as a result the majority of its circulating supply is owned by a small minority of early adopters. In fact 20% of Bitcoin is held in less...
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Below is an interesting perspective from one of the members of the MiningStore Elite-Traders community. It makes some very interesting parallels between previous revolutionary markets and Bitcoin. Although it is a lengthy read, it is a great perspective on the market and where it is heading. Enjoy. An Architects Perspective: Prediction for Bitcoin Based on...
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What is LOKI? The development team SNApps Service Nodes The future of the Project What is LOKI? Australian founded and based LOKI is a privacy project based on Monero. The project is a decentralised and open source app platform and fully encrypted private messenger that is based on CryptoNote protocol. Founded at the beginning of...
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Despite the cryptocurrency market losing a large percentage of its value over 2018, Coinbase reports they are still receiving 50k new sign-ups daily! What are all of these customers entering into a market that is falling for? Simple. They are getting ready to take a position once the bull market returns. Read the full article...
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