Saturday, January 4, 2020

Bitcoin advocate: Cryptocurrency market will crash hard post-financial crisis (current BTC/USD price is $7,513.91)

Latest Bitcoin News:

Bitcoin advocate: Cryptocurrency market will crash hard post-financial crisis

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


Mirror trading international | Secrets 101: Think and Grow Rich

Mirror trading international — Many years ago, in fact, more than 80 years ago, an author named Napolean Hill wrote a book called ‘Think and Grow Rich’, and in that book, he outlined 13 principles that needed to be mastered in order to become successful.

Thinking has the potential to make you rich, however, you need to make sure your thinking is correct.

Here are a few misconceptions in our thinking and we need to clarify the way we think before we even start thinking:

Mirror trading international

Mirror trading international — DON’T
Think anyone is going to give you money. If they are clever they know that giving you money will teach you nothing.
Think that anyone is going to give you the knowledge. You will have to discover everything for yourself and learn every day to find the knowledge that will be applicable to you.

Think that you won’t be rejected. You will be rejected and people will object to everything you are planning to do. Either they are jealous that you could be more successful than them (this is the primary reason) but they also lack ambition and don’t understand why you would even try.
Waste your money on courses that promise to teach you how to be successful. Rather follow people online and see if they are setting an example of the success that you would like to follow. Many people are faking things and would like to sell you an idea of success. Truly successful people can be followed and you can learn a great deal from observing and thinking about why they are doing what they are doing.

Mirror trading international — Read self-help books. If they actually worked why are there so many of them on sale, and the same goes for leadership books — realise that everything you need to learn is different from what everyone else is learning. Instead, read books that will help you start, and then practice the principles you have learnt in the real world.
DO
Mirror trading international — Remember that is will take you time to learn and be successful, in fact when you have 10,000 hours of experience you have only just started, so make sure you use your time wisely.
Find people more successful than you, your friends who are unsuccessful will only drag you down, so find people that will inspire you to be better.
Understand that you will have to do everything you need to do to become successful, the mentors that you follow can only guide you in the right direction, so find many people who can teach you many things. You can find people who share knowledge abundantly and it is free. Be wary of those who want to charge for all the old outdated advice they wish to sell you.
Take risks, it is the only way to speed up your learning process. Forget about the idea that you should never make mistakes.

Mirror trading international — Smile every day and be grateful for everything, gratitude is the key to unlocking success in your life.
Never give up and realise that your attitude will contribute more to your success than anything else. When things are difficult remember that you are learning. When things are good, remind yourself that you should always learn and never stop thinking about how you can be better.

You can think and grow rich, but you need to make sure your thinking is different from that of everyone else.

Mirror trading international — Image: https://pixabay.com/illustrations/key-keyhole-lock-security-unlock-2114046/



Bitcoin investment plan

This exhortation in an old Chinese precept is generally adept for the clients wanting to put resources into Bitcoins. On the off chance that you are somebody who has caught wind of Bitcoin, regardless of when yet have never put resources into it NOW is the correct time.

Bitcoin, a computerized decentralized cash dependent on Blockchain, is heading for good things. When you know how Bitcoin functions, it is an easy decision to comprehend that Bitcoin is digging in for the long haul. On the off chance that we attempt to comprehend the innovation and its basic standards, it is all in all correct to state that the cost will continue ascending throughout the years to come.

One of the significant purposes behind the case is the limited measure of Bitcoins, making it an incredible store of significant worth (just 21 millions Bitcoins) and viral selection around the world.

https://preview.redd.it/m0h0wjuc6w841.jpg?width=679&format=pjpg&auto=webp&s=b570ee8efdba44ab557e9d050f48cedf8be33d71

On the off chance that you are prepared and eager to buy Bitcoins, this guide will assist you with beginning with Bitcoin venture. Treat this as a plan for Bitcoin speculations. Do redo it as indicated by your current monetary circumstance that suits your needs.

Here is the thing that you have to begin putting resources into Bitcoins:

A trade or site to purchase Bitcoins

A wallet where you can store Bitcoins

These two are absolute necessities to begin with. By no means should you miss the comprehension of the right site and a sheltered wallet, or you may fall prey to some MLM (Multi-level Marketing) or trick, bringing about misfortunes.

What you have to comprehend is Bitcoin resembles keeping cash with you. Not at all like USD, INR or different monetary forms that you keep in the bank, Bitcoin is unique. What's more, you are answerable for purchasing, selling and safely putting away it. I have discussed these in my previous guide here.

Until further notice, we should talk about point #1 and #2. In the coming days, I will likewise discuss the measure of cash you ought to put resources into Bitcoin.



[Daily Discussion] Sunday, January 05, 2020

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Altcoin Discussion] Sunday, January 05, 2020

Thread topics include, but are not limited to:

  • Discussion related to recent events
  • Technical analysis, trading ideas & strategies
  • General questions about altcoins

Thread guidelines:

  • Be excellent to each other.
  • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
  • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
  • No discussion about specific ICOs. Established coins only.

If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

Other ways to interact:


Bitcoin advocate claims future will see emergence of thousands of cryptos (current BTC/USD price is $7,410.96)

Latest Bitcoin News:

Bitcoin advocate claims future will see emergence of thousands of cryptos

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


Reposting - Upcoming Meetup for folks in Atlanta :)

REPOSTING

Hey guys!

I’ve scheduled this event in hopes we can do something “different” together.

GA Tech vs Virginia Tech Basketball

Now onto the logistics of actually sitting together

I think the most straightforward way would be if one person gets all the tickets. I will just nominate myself unless someone else would like to handle it :)

I was thinking of getting seats in section 104 for the price of $58 ($50 ticket price + $8 fee). I hope that works for all of you!

You can send the money to my Venmo @ Paul-Beresuita and add your name(s).

Don’t worry, I won’t be using it to buy Bitcoin….well 🤔

I plan to make the purchase sometime at the end of next week.

Please let me know if I have missed anything, I would be happy to answer in the comments section.

Here's the Meetup event details
https://www.meetup.com/OMSCS-Atlanta/events/265383453/

Paul

UPDATE
I plan to buy the tickets in the next few days so send your money to my Venmo to reserve your seats. Thank You!


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Tesla Stock: Bulls and Bears

More than a year after Elon Musk's notorious 'funding secured' tweet, Tesla stock has finally reached the price of $420.

Generally, the news surrounding Tesla has been very positive as of late:

With Tesla stock reaching an all time high.

As well as this, Tesla recently announced they are delivering the first China-made cars from their Shanghai factory.

There have also been many incidents that have lit up social media and a truckload of memes!

Let's take a look at the bullish and bearish takes on Tesla just to get a sense of what the overall picture looks like for Tesla.

Let's start with the BULLS:

Some say Tesla is still undervalued relative to the white space they have in terms of the broader trend that is the electrification of cars.

Some emphasise the developments in China as bullish due to the ability to produce more cars at a lower cost.

Some emphasise the recent profitability achieved by Tesla and the fact that they have the best mainstream electric cars with the best 'moat' provided by the strength of their brand.

Let's see what the BEARS have to say:

Well some are bearish due to the possibility of a recession in the next 12-24 months, and the impact that would have on the stock price. This follows the yield curve inversion and the historical implications of such an event.

Some say Tesla is a cult stock and is too heavily reliant on Elon's ability as a 'meme master'. Although this is kind of a joke it is actually a good point, and this is the main reason that the Tesla board approved Elon's very ambitious new incentive structure, which could end up being worth $184BN if he delivers.

Some also say the stock price is just overvalued, particularly compared to other car manufacturers. For example, Tesla has double the market cap of Ford, with Ford shipping 6 million cars in 2018 and Tesla shipping only around 250,000 cars in the same year. Tesla sales picked up in 2019 though.

Tesla is relatively unique as a stock pick in that people either seem to worship it religiously or hate it with a passion, and it is important to understand people's incentives when giving their take in the media. People who have shorted Tesla are hardly going to paint a bullish picture during interviews.

I would like to also highlight another angle:

Is the true smart money buying SpaceX shares?

Like many private companies that have yet to go public, investment here requires Accredited Investor status - which in my opinion is certainly not meritocratic.

With SpaceX being valued at $33.3BN in March of this year

And more recently, Morgan Stanley Research claims SpaceX could be a $120BN company if its Starlink global internet service takes off.

With their current valuation estimated to be $52BN.

So SpaceX is certainly a very interesting business.

The last thing I want to bring up is the cult like factor that Tesla and particularly Elon Musk are developing.

Much like Apple have such strong brand power, Tesla seems to be developing a similar aura.

It is very important to understand why people pay $1000 for a new iPhone when they could buy a cheaper model and invest the difference, and the social signalling aspect that companies such as Apple have developed.

People (particularly those in the upper middle classes and above) could potentially look at driving a Tesla as a 'flex' and we can see Tesla appearing in popular culture. This could prove a powerful factor in the years to come.

{Disclaimer, this is not investment advice}

In my opinion, it is difficult to bet against Tesla and I personally wouldn't recommending shorting Tesla. At the same time, I wouldn't necessarily say it is the best risk/reward in terms of going long, particularly at this valuation and at this late in the cycle. I think Bitcoin is a better asymmetric hedge in the next 5-10 years that potentially has higher upside - particularly with the central banking money printing spree.

Also, some say SpaceX has a better potential upside over the long term, particularly if one is an accredited investor and able to get shares at private valuations via for example a Special Purpose Vehicle (or SPV) but that requires access to certain legal infrastructure, whereas stacking Bitcoin does not!

Some even have a $4000 target for Tesla - which is around a 10x from here. Personally, I think in a decade Bitcoin will be a lot higher than 10x from its current levels.

Conduct your due diligence and understand what level of risk you are comfortable with.

What are your thoughts on Tesla?

Are you a bull or a bear?

https://www.youtube.com/watch?v=14h8Mka0Di4

BRAVE BROWSER: https://brave.com/fin894


/r/Monero Weekly Discussion – January 04, 2020 - Use this thread for general chatter, basic questions, and if you're new to Monero

Index

  1. General questions
  2. Wallet: CLI & GUI
  3. Wallet: Ledger
  4. Nodes

1. General questions

Where can I download the Monero wallet?

There are multiple Monero wallets for a wide range of devices at your disposal. Check the table below for details and download links. Attention: for extra security make sure to calculate and compare the checksum of your downloaded files when possible.

Please note the following usage of the labels:

⚠️ - Relatively new and/or beta. Use wallet with caution.

☢️ - Closed source.


Desktop wallets

Wallet Device Description Download link
"Official" GUI / CLI Windows, macOS, Linux Default implementation maintained by the core team. Use this wallet to run a full node and obtain maximum privacy. Integrates with hardware wallets. Current version: 0.14.1.0 / 0.14.0.2. GetMonero.org
MyMonero Windows, macOS, Linux Lightweight wallet -- you don't need to download the blockchain and run a node. MyMonero was developed with the assistance of the core team. It also has web-based and iOS versions. MyMonero.com
Exodus Windows, macOS, Linux ⚠️ / Multi-asset wallet. Exodus.io
ZelCore Windows, macOS, Linux ⚠️ / Multi-asset wallet. It also has Android and iOS versions. Zeltrez.io
Guarda Windows, macOS, Linux ⚠️ ☢️ / Multi-asset wallet. Guarda.co

Mobile wallets

Wallet Device Description Download link
Monerujo Android Integrates with Ledger (hardware wallet). Website: https://www.monerujo.io/. Google Play / F-Droid / GitHub
MyMonero iOS Website: https://mymonero.com/ App Store
Cake Wallet iOS Website: https://cakewallet.io/ App Store
X Wallet iOS Website: https://xwallet.tech/ App Store
Edge Wallet Android / iOS Multi-asset wallet. Website: https://edge.app/ Google Play / App Store
ZelCore Android / iOS ⚠️ / Multi-asset wallet. Website: https://zelcore.io/ Google Play / App Store
Coinomi Android / iOS ⚠️ ☢️ / Multi-asset wallet. Website: https://www.coinomi.com/ Google Play / App Store
Moxi / Guarda Android / iOS ⚠️ ☢️ / Multi-asset wallet. Website: https://guarda.co/ Google Play / App Store
Exa Wallet Android / iOS ⚠️ Website: https://exan.tech/ Google Play / App Store
Wookey Wallet Android / iOS ⚠️ Website: https://wallet.wookey.io/ Google Play / F-Droid / App Store

Web-based wallets

Wallet Description Link
MyMonero Web version of the MyMonero wallet. Web
XMRWallet Web wallet with TOR support. Web / Onion URL
Guarda Multi-asset wallet. Web

How long does it take for my balance to unlock?

Your balance is unlocked after 10 confirmations (which means 10 mined blocks). A block is mined approximately every two minutes on the Monero network, so that would be around 20 minutes.

How can I prove that I sent a payment?

The fastest and most direct way is by using the ExploreMonero blockchain explorer. You will need to recover the transaction key from your wallet (complete guide for GUI / CLI).

How do I buy Monero (XMR) with Bitcoin (BTC)?

There are dozens of exchanges that trade Monero against Bitcoin and other cryptocurrencies. Check out the list on CoinMarketCap and choose the option that suits you best.

How do I buy Monero (XMR) with fiat?

  • Kraken (USD and EUR): old-school, decent exchange. They might require your documents for verification and approval of your account.
  • LocalMonero: peer-to-peer exchange. They have pretty much everything as a payment method and they support hundreds of fiat options.

How can I quickly exchange my Monero (XMR) for Bitcoin (BTC)?

There are multiple ways to exchange your Monero for Bitcoin, but first of all, I'd like to remind you that if you really want to do your part for Monero, one of the simplest ways is to get in touch with your merchant/service provider and request for it to accept Monero directly as payment. Ask the service provider to visit the official website and our communication channels if he or she needs help with system integration.

That being said, the community has been recommending two services in particular, XMR.TO and MorphToken. These services are only recommendations and are operated by entities outside the control of the Monero Project. Be diligent.

How do I mine Monero? And other mining questions.

The correct place to ask questions and discuss the Monero mining scene is in the dedicated subreddit r/MoneroMining. That being said, you can find a list of pools and available mining software in the GetMonero.org website.


2. Wallet: CLI & GUI

Why I can't see my balance? Where is my XMR?

Before any action there are two things to check:

  1. Are you using the latest available version of the wallet? A new version is released roughly every 6 months, so make sure you're using the current release (compare the release on GetMonero.org with your wallet's version on Settings, under Debug info).
  2. Is your wallet fully synchronized? If it isn't, wait the sync to complete.

Because Monero is different from Bitcoin, wallet synchronization is not instant. The software needs to synchronize the blockchain and use your private keys to identify your transactions. Check in the lower left corner (GUI) if the wallet is synchronized.

You can't send transactions and your balance might be wrong or unavailable if the wallet is not synced with the network. So please wait.

If this is not a sufficient answer for your case and you're looking for more information, please see this answer on StackExchange.

How do I upgrade my wallet to the newest version?

This question is beautifully answered on StackExchange.

Why does it take so long to sync the wallet [for the first time]?

You have decided to use Monero's wallet and run a local node. Congratulations! You have chosen the safest and most secure option for your privacy, but unfortunately this has an initial cost. The first reason for the slowness is that you will need to download the entire blockchain, which is considerably heavy (+70 GB) and constantly growing. There are technologies being implemented in Monero to slow this growth, however it is inevitable to make this initial download to run a full node. Consider syncing to a device that has an SSD instead of an HDD, as this greatly impacts the speed of synchronization.

Now that the blockchain is on your computer, the next time you run the wallet you only need to download new blocks, which should take seconds or minutes (depending on how often you use the wallet).

I don't want to download the blockchain, how can I skip that?

The way to skip downloading the blockchain is connecting your wallet to a public remote node. You can follow this guide on how to set it up. You can find a list of public remote nodes on MoneroWorld.

Be advised that when using a public remote node you lose some of your privacy. A public remote node is able to identify your IP and opens up a range for certain attacks that further diminish your privacy. A remote node can't see your balance and it can't spend your XMR.

How do I restore my wallet from the mnemonic seed or from the keys?

To restore your wallet with the 25 word mnemonic seed, please see this guide.

To restore your wallet with your keys, please see this guide.


3. Wallet: Ledger

How do I generate a Ledger Monero Wallet with the GUI or CLI?

This question is beautifully answered on StackExchange. Check this page for the GUI instructions, and this page for the CLI instructions.


4. Nodes

How can my local node become a public remote node?

If you want to support other Monero users by making your node public, you can follow the instructions on MoneroWorld, under the section "How To Include Your Node On Moneroworld".

How can I connect my node via Tor?

This question is beautifully answered on StackExchange.



Thanks Boomer? Bitcoin-Friendly Generations to Inherit $70 Trillion (current BTC/USD price is $7,341.74)

Latest Bitcoin News:

Thanks Boomer? Bitcoin-Friendly Generations to Inherit $70 Trillion

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


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Burger King Venezuela Starts Bitcoin Payments in First of 40 Stores (current BTC/USD price is $7,347.90)

Latest Bitcoin News:

Burger King Venezuela Starts Bitcoin Payments in First of 40 Stores

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


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[WTS][WTT] trade 890j lti account for bitcoin

trade 890j lti account for bitcoin

make offer. it's an 890 jump and a handful of ships to put inside it. it's a pretty old account, with a few gifts attached, sc and sq42

Package - Aurora LN $78 exchange Upgrades

Attributed upgraded Created: February 23, 2015 Contains: 315p Explorer and 6 items

Gift Exchange Self-Land Hangar Hangar level 315p Explorer Ship Origin Jumpworks GmbH (ORIG) Also Contains Starting Money: 1,000 UEC 3 Month Insurance Digital Star Citizen Manual Squadron 42 Digital Download Star Citizen Digital Download

Show customization detail

Hull / Hull colors

  • Moonlight

Cockpit / Finish

  • Wood

/ Material

  • White Leather

/ Finish

  • Wood

Bedding / Linen

  • Sonata Grey

Packages / Package

  • Classic

  • Drake Caterpillar StatueAttributed Created: December 10, 2019 Contains: Drake Caterpillar Statue
  • Standalone Ship - Origin X1 Baseline - IAE 2949 $40 exchangeAttributed Created: December 02, 2019 Contains: Origin X1 and 2 items
  • Standalone Ship - Origin 100i - IAE 2949 $45 exchangeAttributed Created: December 02, 2019 Contains: 100i and 2 items

Exchange 100i Ship Origin Jumpworks GmbH (ORIG) Self-Land Hangar Hangar level Also Contains IAE Insurance

  • Badger and BadgesAttributed Created: November 02, 2019 Contains: 6 items
  • Merlin 3.7 Free-Fly Referral Reward UpgradesAttributed upgraded Created: November 02, 2019 Contains: Kruger P-72 Archimedes and 2 items
  • Standalone Ship - Origin 890 JUMP - LTI $600 exchangeAttributed Created: June 24, 2019 Contains: 890 JUMP and 5 items

890 JUMPShipOrigin Jumpworks GmbH (ORIG)

VFG Industrial HangarRevel & York Hangar

Also Contains

Takuetsu Origin 890 Jump

890 JUMP Poster

Lifetime Insurance

85x

  • 200 Million Commemorative CoinAttributed Created: January 26, 2019 Contains: 200M Commemorative Coin
  • Epoch Society T-ShirtAttributed Created: April 19, 2018 Contains: Epoch Society T-Shirt
  • Aeon Club T-ShirtAttributed Created: April 18, 2018 Contains: Aeon Club T-shirt
  • Christmas Reward 2016!Attributed Created: December 26, 2016 Contains: Holiday Reward 2016

(1) I am "selling" the right to be added as an "Authorized User" to my account, which is allowed as per RSI's 2016 Terms of Service.

(2) I will remain the original owner only in the event that official contact is required from the parent company (CIG).

(3) I understand that my personal information may be permanently retained in the address and billing sections.

I agree to the above clauses and will not attempt to access, recover or tamper with the said account unless it is requested by the Authorized User.

Please note, applying for a refund from CIG is encouraged over account sales. Consider exhausting this option in lieu of risking account termination. See here for help


The Cult of Elon Musk: Tesla Bulls and Bears

More than a year after Elon Musk's notorious 'funding secured' tweet, Tesla stock has recently reached the price of $420.

Generally, the news surrounding Tesla has been very positive as of late:

With Tesla stock reaching an all time high in December 2019 and currently still sitting above that $420 figure.

As well as this, Tesla recently announced they are delivering the first China-made cars from their Shanghai factory.

There have also been many incidents that have lit up social media and a truckload of memes!

Let's take a look at the bullish and bearish takes on Tesla just to get a sense of what the overall picture looks like for Tesla.

Let's start with the BULLS:

Some say Tesla is still undervalued relative to the white space they have in terms of the broader trend that is the electrification of cars.

Some emphasize the developments in China as bullish due to the ability to produce more cars at a lower cost.

Some emphasize the recent profitability achieved by Tesla and the fact that they have the best mainstream electric cars with the best 'moat' provided by the strength of their brand.

Let's see what the BEARS have to say:

Well some are bearish due to the possibility of a recession in the next 12-24 months, and the impact that would have on the stock price. This follows the yield curve inversion and the historical implications of such an event.

Some say Tesla is a cult stock and is too heavily reliant on Elon's ability as a 'meme master'. Although this is kind of a joke it is actually a good point, and this is the main reason that the Tesla board approved Elon's very ambitious new incentive structure, which could end up being worth $184BN if he delivers.

Some also say the stock price is just overvalued, particularly compared to other car manufacturers. For example, Tesla has double the market cap of Ford, with Ford shipping 6 million cars in 2018 and Tesla shipping only around 250,000 cars in the same year. Tesla sales picked up in 2019 though.

Tesla is relatively unique as a stock pick in that people either seem to worship it religiously or hate it with a passion, and it is important to understand people's incentives when giving their take in the media. People who have shorted Tesla are hardly going to paint a bullish picture during interviews.

I would like to also highlight another angle:

Is the true smart money buying SpaceX shares?

Like many private companies that have yet to go public, investment here requires Accredited Investor status - which in my opinion is certainly not meritocratic.

With SpaceX being valued at $33.3BN in March of this year

And more recently, Morgan Stanley Research claims SpaceX could be a $120BN company if its Starlink global internet service takes off.

With their current valuation estimated to be $52BN.

So SpaceX is certainly a very interesting business.

The last thing I want to bring up is the cult like factor that Tesla and particularly Elon Musk are developing.

Much like Apple have such strong brand power, Tesla seems to be developing a similar aura.

It is very important to understand why people pay $1000 for a new iPhone when they could buy a cheaper model and invest the difference, and the social signalling aspect that companies such as Apple have developed.

People (particularly those in the upper middle classes and above) could potentially look at driving a Tesla as a 'flex' and we can see Tesla appearing in popular culture. This could prove a powerful factor in the years to come.

{Disclaimer, this is not investment advice}

In my opinion, it is difficult to bet against Tesla and I personally wouldn't recommending shorting Tesla. At the same time, I wouldn't necessarily say it is the best risk/reward in terms of going long, particularly at this valuation and at this late in the cycle. I think Bitcoin is a better asymmetric hedge in the next 5-10 years that potentially has higher upside - particularly with the central banking money printing spree.

Also, some say SpaceX has a better potential upside over the long term, particularly if one is an accredited investor and able to get shares at private valuations via for example a Special Purpose Vehicle (or SPV) but that requires access to certain legal infrastructure, whereas stacking Bitcoin does not!

Some even have a $4000 target for Tesla - which is around a 10x from here. Personally, I think in a decade Bitcoin will be a lot higher than 10x from its current levels.

Conduct your due diligence and understand what level of risk you are comfortable with.

What are your thoughts on Tesla?

Are you a bull or a bear?

https://www.youtube.com/watch?v=14h8Mka0Di4

BRAVE BROWSER: https://brave.com/fin894


Tesla Stock: Bulls and Bears

More than a year after Elon Musk's notorious 'funding secured' tweet, Tesla stock has recently reached the price of $420.

Generally, the news surrounding Tesla has been very positive as of late:

With Tesla stock reaching an all time high in December 2019 and currently still sitting above that $420 figure.

As well as this, Tesla recently announced they are delivering the first China-made cars from their Shanghai factory.

There have also been many incidents that have lit up social media and a truckload of memes!

Let's take a look at the bullish and bearish takes on Tesla just to get a sense of what the overall picture looks like for Tesla.

Let's start with the BULLS:

Some say Tesla is still undervalued relative to the white space they have in terms of the broader trend that is the electrification of cars.

Some emphasize the developments in China as bullish due to the ability to produce more cars at a lower cost.

Some emphasize the recent profitability achieved by Tesla and the fact that they have the best mainstream electric cars with the best 'moat' provided by the strength of their brand.

Let's see what the BEARS have to say:

Well some are bearish due to the possibility of a recession in the next 12-24 months, and the impact that would have on the stock price. This follows the yield curve inversion and the historical implications of such an event.

Some say Tesla is a cult stock and is too heavily reliant on Elon's ability as a 'meme master'. Although this is kind of a joke it is actually a good point, and this is the main reason that the Tesla board approved Elon's very ambitious new incentive structure, which could end up being worth $184BN if he delivers.

Some also say the stock price is just overvalued, particularly compared to other car manufacturers. For example, Tesla has double the market cap of Ford, with Ford shipping 6 million cars in 2018 and Tesla shipping only around 250,000 cars in the same year. Tesla sales picked up in 2019 though.

Tesla is relatively unique as a stock pick in that people either seem to worship it religiously or hate it with a passion, and it is important to understand people's incentives when giving their take in the media. People who have shorted Tesla are hardly going to paint a bullish picture during interviews.

I would like to also highlight another angle:

Is the true smart money buying SpaceX shares?

Like many private companies that have yet to go public, investment here requires Accredited Investor status - which in my opinion is certainly not meritocratic.

With SpaceX being valued at $33.3BN in March of this year

And more recently, Morgan Stanley Research claims SpaceX could be a $120BN company if its Starlink global internet service takes off.

With their current valuation estimated to be $52BN.

So SpaceX is certainly a very interesting business.

The last thing I want to bring up is the cult like factor that Tesla and particularly Elon Musk are developing.

Much like Apple have such strong brand power, Tesla seems to be developing a similar aura.

It is very important to understand why people pay $1000 for a new iPhone when they could buy a cheaper model and invest the difference, and the social signalling aspect that companies such as Apple have developed.

People (particularly those in the upper middle classes and above) could potentially look at driving a Tesla as a 'flex' and we can see Tesla appearing in popular culture. This could prove a powerful factor in the years to come.

{Disclaimer, this is not investment advice}

In my opinion, it is difficult to bet against Tesla and I personally wouldn't recommending shorting Tesla. At the same time, I wouldn't necessarily say it is the best risk/reward in terms of going long, particularly at this valuation and at this late in the cycle. I think Bitcoin is a better asymmetric hedge in the next 5-10 years that potentially has higher upside - particularly with the central banking money printing spree.

Also, some say SpaceX has a better potential upside over the long term, particularly if one is an accredited investor and able to get shares at private valuations via for example a Special Purpose Vehicle (or SPV) but that requires access to certain legal infrastructure, whereas stacking Bitcoin does not!

Some even have a $4000 target for Tesla - which is around a 10x from here. Personally, I think in a decade Bitcoin will be a lot higher than 10x from its current levels.

Conduct your due diligence and understand what level of risk you are comfortable with.

What are your thoughts on Tesla?

Are you a bull or a bear?

https://www.youtube.com/watch?v=14h8Mka0Di4

BRAVE BROWSER: https://brave.com/fin894


📢 State of the Guild #35 📢

📢 State of the Guild #35 📢

Dear Guildmates,

We're back with the first State of the Guild #SOTG of the year, while we were out celebrating the holidays the BitGuild team worked hard on the office updating our products. In the State of the Guild, we keep you informed on what the BitGuild team has been working. Including news/updates about all our products: GuildWallet, Guildchat & Trontrade. In this weeks update the following subjects will be covered:

➡️ GuildChat version 2.3 includes a Bitcoin Wallet and is scheduled for end of January

➡️ TronTrade is hosting a big trading event with #TWX starting today

➡️ The Platform Infrastructure team completed 65% of the GuildWallet 3.0 (Crosschain) version

➡️ 💥 Another 50 million PLAT has been burned 💥

Read the full article here: https://btgld.co/SOTG35


Bitcoin Successfully Overcome 5 “Bubbles” in the Past Decade (current BTC/USD price is $7,369.02)

Latest Bitcoin News:

Bitcoin Successfully Overcome 5 “Bubbles” in the Past Decade

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


ByzantineScholar's 10-step Guide to Staying Safe on the Internet!

Step 1: Never, under any circumstances access the internet via a cellular device. They are watching and listening!

Step 2: Use an alias. For example, mine is ByzantineScholar (I am not actually a member of the Byzantine army at all, believe it or not.)

Step 3: Never give away too much infor-

Step 4: Stay away from social media. This includes Reddit!Step 4a: If you are using Reddit for r/hankstank alone (I am doing this, too!) make an ALTERNATE ACCOUNT.

Step 5: Make all of your purchasing using crypto-currencies only. This includes (but is not limited to..) Bitcoin, Etherium, Litecoin, RuneScape GP, WOW Gold and gift cards (Steam, iTunes, Subway, etc..)

Step 6: When creating posts on the internet, be sure to change up yo typin' style fool! Any brother trynna find out who yall are by yo typin style finna have a hardass time if they dunno what they lookin fo x"D

Step 7: Never admit to anything. Has somebodies account been hacked? Wasn't me. Have you been searching for inappropriate or illegal things? It was someone else. DENIAL IS KEY!!!

Step 8: Don't break the law........................ ;) ^

Step 9: If approached by a company or person(s) claiming they have information on you which they are going to leak if not paid (AKA - Blackmail) never give them a thing!! They are almost always scams, but in the odd case they're not, they will steal your money and post your secrets anyway.............trust me

Step 10: Be yourself. I mean that in the most literal sense possible, be YOURSELF!! Do not concern yourself with the opinions of other people, but if you do decide to make friends then make sure you don't get too attached, because if it's either you or them, it's you.

Thank you so much for reading my guide! If you would like to see more of my work check out my Wattpad, I am currently working on a story that will blow your socks off!!



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Why The Bitcoin Price Could Hit $50000 In 2020 (current BTC/USD price is $7,351.85)

Latest Bitcoin News:

Why The Bitcoin Price Could Hit $50000 In 2020

Other Related Bitcoin Topics:

Bitcoin Price | Bitcoin Mining | Blockchain


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.