Grayscale Says Bitcoin ETF Only a Matter of Time

SEC moronic determination with Bitcoin ETF right now! Bitcoin charts echoing 2015/2019 rally construct up!

SEC moronic determination with Bitcoin ETF right now! Bitcoin charts echoing 2015/2019 rally construct up! submitted by Rufflenator to 3bitcoins [link] [comments]

SEC moronic determination with Bitcoin ETF right now! Bitcoin charts echoing 2015/2019 rally construct up!

SEC moronic determination with Bitcoin ETF right now! Bitcoin charts echoing 2015/2019 rally construct up! submitted by Hellterskelt to bitcoin_is_dead [link] [comments]

SEC moronic determination with Bitcoin ETF right now! Bitcoin charts echoing 2015/2019 rally construct up!

SEC moronic determination with Bitcoin ETF right now! Bitcoin charts echoing 2015/2019 rally construct up! submitted by Leka213 to CryptocurrencyToday [link] [comments]

SEC moronic determination with Bitcoin ETF right now! Bitcoin charts echoing 2015/2019 rally construct up!

SEC moronic determination with Bitcoin ETF right now! Bitcoin charts echoing 2015/2019 rally construct up! submitted by ososru to Bitcoin4free [link] [comments]

Bitcoin ETF: "The Winklevoss brothers will speak more extensively about their 'COIN' Bitcoin ETF plans at the upcoming Inside ETFs conference in Hollywood, Florida, in January 2015."

Bitcoin ETF: submitted by coinwatcher to Bitcoin [link] [comments]

Price of bitcoins is at time channel low + extremely shorted + Winklevoss ETF finally gearing up. Getting excited for a very bitcoin 2015. We buy things when they are cheap, before the herd. That's how you gentleman.

Price of bitcoins is at time channel low + extremely shorted + Winklevoss ETF finally gearing up. Getting excited for a very bitcoin 2015. We buy things when they are cheap, before the herd. That's how you gentleman. submitted by americanpegasus to gameofmoney [link] [comments]

Two Bitcoin ETFs may launch in 2015!

Two Bitcoin ETFs may launch in 2015! submitted by smithd98 to Bitcoin [link] [comments]

Kaye Scholer, law firm pushing ETF, to Host Bitcoin Seminar on October 15, 2015

submitted by Chakra_Scientist to Bitcoin [link] [comments]

Kaye Scholer, law firm pushing ETF, to Host Bitcoin Seminar on October 15, 2015

submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin ETF: "The Winklevoss brothers will speak more extensively about their 'COIN' Bitcoin ETF plans at the upcoming Inside ETFs conference in Hollywood, Florida, in January 2015."

Bitcoin ETF: submitted by moon_drone to BetterBitcoin [link] [comments]

ETHE & GBTC (Grayscale) Frequently Asked Questions

It is no doubt Grayscale’s booming popularity as a mainstream investment has caused a lot of community hullabaloo lately. As such, I felt it was worth making a FAQ regarding the topic. I’m looking to update this as needed and of course am open to suggestions / adding any questions.
The goal is simply to have a thread we can link to anyone with questions on Grayscale and its products. Instead of explaining the same thing 3 times a day, shoot those posters over to this thread. My hope is that these questions are answered in a fairly simple and easy to understand manner. I think as the sub grows it will be a nice reference point for newcomers.
Disclaimer: I do NOT work for Grayscale and as such am basing all these answers on information that can be found on their website / reports. (Grayscale’s official FAQ can be found here). I also do NOT have a finance degree, I do NOT have a Series 6 / 7 / 140-whatever, and I do NOT work with investment products for my day job. I have an accounting background and work within the finance world so I have the general ‘business’ knowledge to put it all together, but this is all info determined in my best faith effort as a layman. The point being is this --- it is possible I may explain something wrong or missed the technical terms, and if that occurs I am more than happy to update anything that can be proven incorrect
Everything below will be in reference to ETHE but will apply to GBTC as well. If those two segregate in any way, I will note that accordingly.
What is Grayscale? 
Grayscale is the company that created the ETHE product. Their website is https://grayscale.co/
What is ETHE? 
ETHE is essentially a stock that intends to loosely track the price of ETH. It does so by having each ETHE be backed by a specific amount of ETH that is held on chain. Initially, the newly minted ETHE can only be purchased by institutions and accredited investors directly from Grayscale. Once a year has passed (6 months for GBTC) it can then be listed on the OTCQX Best Market exchange for secondary trading. Once listed on OTCQX, anyone investor can purchase at this point. Additional information on ETHE can be found here.
So ETHE is an ETF? 
No. For technical reasons beyond my personal understandings it is not labeled an ETF. I know it all flows back to the “Securities Act Rule 144”, but due to my limited knowledge on SEC regulations I don’t want to misspeak past that. If anyone is more knowledgeable on the subject I am happy to input their answer here.
How long has ETHE existed? 
ETHE was formed 12/14/2017. GBTC was formed 9/25/2013.
How is ETHE created? 
The trust will issue shares to “Authorized Participants” in groups of 100 shares (called baskets). Authorized Participants are the only persons that may place orders to create these baskets and they do it on behalf of the investor.
Source: Creation and Redemption of Shares section on page 39 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Note – The way their reports word this makes it sound like there is an army of authorizers doing the dirty work, but in reality there is only one Authorized Participant. At this moment the “Genesis” company is the sole Authorized Participant. Genesis is owned by the “Digital Currency Group, Inc.” which is the parent company of Grayscale as well. (And to really go down the rabbit hole it looks like DCG is the parent company of CoinDesk and is “backing 150+ companies across 30 countries, including Coinbase, Ripple, and Chainalysis.”)
Source: Digital Currency Group, Inc. informational section on page 77 of the “Grayscale Bitcoin Trust (BTC) Form 10-K (2019)” – Located Here
Source: Barry E. Silbert informational section on page 75 of the “Grayscale Bitcoin Trust (BTC) Form 10-K (2019)” – Located Here
How does Grayscale acquire the ETH to collateralize the ETHE product? 
An Investor may acquire ETHE by paying in cash or exchanging ETH already owned.
Source: Creation and Redemption of Shares section on page 40 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Where does Grayscale store their ETH? Does it have a specific wallet address we can follow? 
ETH is stored with Coinbase Custody Trust Company, LLC. I am unaware of any specific address or set of addresses that can be used to verify the ETH is actually there.
As an aside - I would actually love to see if anyone knows more about this as it’s something that’s sort of peaked my interest after being asked about it… I find it doubtful we can find that however.
Source: Part C. Business Information, Item 8, subsection A. on page 16 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Can ETHE be redeemed for ETH? 
No, currently there is no way to give your shares of ETHE back to Grayscale to receive ETH back. The only method of getting back into ETH would be to sell your ETHE to someone else and then use those proceeds to buy ETH yourself.
Source: Redemption Procedures on page 41 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Why are they not redeeming shares? 
I think the report summarizes it best:
Redemptions of Shares are currently not permitted and the Trust is unable to redeem Shares. Subject to receipt of regulatory approval from the SEC and approval by the Sponsor in its sole discretion, the Trust may in the future operate a redemption program. Because the Trust does not believe that the SEC would, at this time, entertain an application for the waiver of rules needed in order to operate an ongoing redemption program, the Trust currently has no intention of seeking regulatory approval from the SEC to operate an ongoing redemption program.
Source: Redemption Procedures on page 41 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
What is the fee structure? 
ETHE has an annual fee of 2.5%. GBTC has an annual fee of 2.0%. Fees are paid by selling the underlying ETH / BTC collateralizing the asset.
Source: ETHE’s informational page on Grayscale’s website - Located Here
Source: Description of Trust on page 31 & 32 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
What is the ratio of ETH to ETHE? 
At the time of posting (6/19/2020) each ETHE share is backed by .09391605 ETH. Each share of GBTC is backed by .00096038 BTC.
ETHE & GBTC’s specific information page on Grayscale’s website updates the ratio daily – Located Here
For a full historical look at this ratio, it can be found on the Grayscale home page on the upper right side if you go to Tax Documents > 2019 Tax Documents > Grayscale Ethereum Trust 2019 Tax Letter.
Why is the ratio not 1:1? Why is it always decreasing? 
While I cannot say for certain why the initial distribution was not a 1:1 backing, it is more than likely to keep the price down and allow more investors a chance to purchase ETHE / GBTC.
As noted above, fees are paid by selling off the ETH collateralizing ETHE. So this number will always be trending downward as time goes on.
Source: Description of Trust on page 32 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
I keep hearing about how this is locked supply… explain? 
As noted above, there is currently no redemption program for converting your ETHE back into ETH. This means that once an ETHE is issued, it will remain in circulation until a redemption program is formed --- something that doesn’t seem to be too urgent for the SEC or Grayscale at the moment. Tiny amounts will naturally be removed due to fees, but the bulk of the asset is in there for good.
Knowing that ETHE cannot be taken back and destroyed at this time, the ETH collateralizing it will not be removed from the wallet for the foreseeable future. While it is not fully locked in the sense of say a totally lost key, it is not coming out any time soon.
Per their annual statement:
The Trust’s ETH will be transferred out of the ETH Account only in the following circumstances: (i) transferred to pay the Sponsor’s Fee or any Additional Trust Expenses, (ii) distributed in connection with the redemption of Baskets (subject to the Trust’s obtaining regulatory approval from the SEC to operate an ongoing redemption program and the consent of the Sponsor), (iii) sold on an as-needed basis to pay Additional Trust Expenses or (iv) sold on behalf of the Trust in the event the Trust terminates and liquidates its assets or as otherwise required by law or regulation.
Source: Description of Trust on page 31 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Grayscale now owns a huge chunk of both ETH and BTC’s supply… should we be worried about manipulation, a sell off to crash the market crash, a staking cartel? 
First, it’s important to remember Grayscale is a lot more akin to an exchange then say an investment firm. Grayscale is working on behalf of its investors to create this product for investor control. Grayscale doesn’t ‘control’ the ETH it holds any more then Coinbase ‘controls’ the ETH in its hot wallet. (Note: There are likely some varying levels of control, but specific to this topic Grayscale cannot simply sell [legally, at least] the ETH by their own decision in the same manner Coinbase wouldn't be able to either.)
That said, there shouldn’t be any worry in the short to medium time-frame. As noted above, Grayscale can’t really remove ETH other than for fees or termination of the product. At 2.5% a year, fees are noise in terms of volume. Grayscale seems to be the fastest growing product in the crypto space at the moment and termination of the product seems unlikely.
IF redemptions were to happen tomorrow, it’s extremely unlikely we would see a mass exodus out of the product to redeem for ETH. And even if there was incentive to get back to ETH, the premium makes it so that it would be much more cost effective to just sell your ETHE on the secondary market and buy ETH yourself. Remember, any redemption is up to the investors and NOT something Grayscale has direct control over.
Yes, but what about [insert criminal act here]… 
Alright, yes. Technically nothing is stopping Grayscale from selling all the ETH / BTC and running off to the Bahamas (Hawaii?). BUT there is no real reason for them to do so. Barry is an extremely public figure and it won’t be easy for him to get away with that. Grayscale’s Bitcoin Trust creates SEC reports weekly / bi-weekly and I’m sure given the sentiment towards crypto is being watched carefully. Plus, Grayscale is making tons of consistent revenue and thus has little to no incentive to give that up for a quick buck.
That’s a lot of ‘happy little feels’ Bob, is there even an independent audit or is this Tether 2.0? 
Actually yes, an independent auditor report can be found in their annual reports. It is clearly aimed more towards the financial side and I doubt the auditors are crypto savants, but it is at least one extra set of eyes. Auditors are Friedman LLP – Auditor since 2015.
Source: Independent Auditor Report starting on page 116 (of the PDF itself) of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
As mentioned by user TheCrpytosAndBloods (In Comments Below), a fun fact:
The company’s auditors Friedman LLP were also coincidentally TetheBitfinex’s auditors until They controversially parted ways in 2018 when the Tether controversy was at its height. I am not suggesting for one moment that there is anything shady about DCG - I just find it interesting it’s the same auditor.
“Grayscale sounds kind of lame” / “Not your keys not your crypto!” / “Why is anyone buying this, it sounds like a scam?” 
Welp, for starters this honestly is not really a product aimed at the people likely to be reading this post. To each their own, but do remember just because something provides no value to you doesn’t mean it can’t provide value to someone else. That said some of the advertised benefits are as follows:
So for example, I can set up an IRA at a brokerage account that has $0 trading fees. Then I can trade GBTC and ETHE all day without having to worry about tracking my taxes. All with the relative safety something like E-Trade provides over Binance.
As for how it benefits the everyday ETH holder? I think the supply lock is a positive. I also think this product exposes the Ethereum ecosystem to people who otherwise wouldn’t know about it.
Why is there a premium? Why is ETHE’s premium so insanely high compared to GBTC’s premium? 
There are a handful of theories of why a premium exists at all, some even mentioned in the annual report. The short list is as follows:
Why is ETHE’s so much higher the GBTC’s? Again, a few thoughts:

Are there any other differences between ETHE and GBTC? 
I touched on a few of the smaller differences, but one of the more interesting changes is GBTC is now a “SEC reporting company” as of January 2020. Which again goes beyond my scope of knowledge so I won’t comment on it too much… but the net result is GBTC is now putting out weekly / bi-weekly 8-K’s and annual 10-K’s. This means you can track GBTC that much easier at the moment as well as there is an extra layer of validity to the product IMO.
I’m looking for some statistics on ETHE… such as who is buying, how much is bought, etc? 
There is a great Q1 2020 report I recommend you give a read that has a lot of cool graphs and data on the product. It’s a little GBTC centric, but there is some ETHE data as well. It can be found here hidden within the 8-K filings.Q1 2020 is the 4/16/2020 8-K filing.
For those more into a GAAP style report see the 2019 annual 10-K of the same location.
Is Grayscale only just for BTC and ETH? 
No, there are other products as well. In terms of a secondary market product, ETCG is the Ethereum Classic version of ETHE. Fun Fact – ETCG was actually put out to the secondary market first. It also has a 3% fee tied to it where 1% of it goes to some type of ETC development fund.
In terms of institutional and accredited investors, there are a few ‘fan favorites’ such as Bitcoin Cash, Litcoin, Stellar, XRP, and Zcash. Something called Horizion (Backed by ZEN I guess? Idk to be honest what that is…). And a diversified Mutual Fund type fund that has a little bit of all of those. None of these products are available on the secondary market.
Are there alternatives to Grayscale? 
I know they exist, but I don’t follow them. I’ll leave this as a “to be edited” section and will add as others comment on what they know.
Per user Over-analyser (in comments below):
Coinshares (Formerly XBT provider) are the only similar product I know of. BTC, ETH, XRP and LTC as Exchange Traded Notes (ETN).
It looks like they are fully backed with the underlying crypto (no premium).
https://coinshares.com/etps/xbt-provideinvestor-resources/daily-hedging-position
Denominated in SEK and EUR. Certainly available in some UK pensions (SIPP).
As asked by pegcity - Okay so I was under the impression you can just give them your own ETH and get ETHE, but do you get 11 ETHE per ETH or do you get the market value of ETH in USD worth of ETHE? 
I have always understood that the ETHE issued directly through Grayscale is issued without the premium. As in, if I were to trade 1 ETH for ETHE I would get 11, not say only 2 or 3 because the secondary market premium is so high. And if I were paying cash only I would be paying the price to buy 1 ETH to get my 11 ETHE. Per page 39 of their annual statement, it reads as follows:
The Trust will issue Shares to Authorized Participants from time to time, but only in one or more Baskets (with a Basket being a block of 100 Shares). The Trust will not issue fractions of a Basket. The creation (and, should the Trust commence a redemption program, redemption) of Baskets will be made only in exchange for the delivery to the Trust, or the distribution by the Trust, of the number of whole and fractional ETH represented by each Basket being created (or, should the Trust commence a redemption program, redeemed), which is determined by dividing (x) the number of ETH owned by the Trust at 4:00 p.m., New York time, on the trade date of a creation or redemption order, after deducting the number of ETH representing the U.S. dollar value of accrued but unpaid fees and expenses of the Trust (converted using the ETH Index Price at such time, and carried to the eighth decimal place), by (y) the number of Shares outstanding at such time (with the quotient so obtained calculated to one one-hundred-millionth of one ETH (i.e., carried to the eighth decimal place)), and multiplying such quotient by 100 (the “Basket ETH Amount”). All questions as to the calculation of the Basket ETH Amount will be conclusively determined by the Sponsor and will be final and binding on all persons interested in the Trust. The Basket ETH Amount multiplied by the number of Baskets being created or redeemed is the “Total Basket ETH Amount.” The number of ETH represented by a Share will gradually decrease over time as the Trust’s ETH are used to pay the Trust’s expenses. Each Share represented approximately 0.0950 ETH and 0.0974 ETH as of December 31, 2019 and 2018, respectively.

submitted by Bob-Rossi to ethfinance [link] [comments]

700K cash. What do I do?

I have 700k cash sitting in my money market account. I have been sitting on cash since 2016 waiting for that recession so I can perfectly time the market. And in the process I have lost ...not sure how much but a LOT.
So I have the following in mind.
  1. 33% - golden butterfly allocation
  2. 33% - dividend growth investing
  3. 33% - high savings account (wealthfront)
Let me know if this would protect me from the downside while giving me a decent amount of returns.
EDIT 02/20
Here is a summary of all the nuggets that came out from this thread. Love it. Will updated when I plan my portfolio.
-VGRO for the win. ( probably VUG)
-three-fund portfolio Vanguard Total Stock Market Index Fund (VTSAX) Vanguard Total International Stock Index Fund (VTIAX) Vanguard Total Bond Market Fund (VBTLX)
-I personally like some international exposure so have 20% of my portfolio in VTIAX. Great article in international investing https://www.fidelity.com/viewpoints/investing-ideas/international-investing-myths
-SPCE. Bet it all on $40 June calls.
-You might consider a bogleheads portfolio. Here is my set it and forget it allocation: 70% VTSAX (ETF equivalent is VTI) 20% VTIAX (ETF equivalent is VXUS) 10% VBTLX (ETF equivalent is BND)
-A very general rule of thumb is that your bond allocation should equal your age minus 10 (i.e., a 40-year old investor would own approximately 30% bonds, 70% stocks).
-I plan to dollar cost average into simple investments like the S&P, dividend growth fund DGRO (which I just love), and some bonds for safety. It’s very similar to VIG
-Everything into SPCE calls. Literally no risk ( are you serious?)
-if you want to mess with things, i would say swap the small cap value for dividend growth in the golden butterfly. ( Makes sense) having 33% of your 750k in high savings is DUMB. (thanks)
-Dollar cost average into the market. Select an appropriate asset allocation for your goals. ( Yes!!!)
-Be aware that the average return (say 6-7%) is not the same as as what you can realistically draw as an income.First, for a consistent income stream you need to inflation proof the principle.
-Also the portfolios that have been analyzed to death that can reliably support that are basically 50 to 70 percent broadly diverse equities and the difference in broadly diverse bonds (index funds with essentially no fees or loads of course). 6-12mo DTE AAPL/MSFT CALLS. LEHGO (Nah!)
-I would invest a small PORTION, into a mix of dividend stocks/etf, a mix of growth stocks/etf, and a mix of gold and gold miners. I wouldn’t do bonds personally, but I would consider high yield saving account if it is liquid and they payout interest often (daily) and I can transfer money quickly to take advantage of market opportunities. ( Dividend stocks and Growth stocks makes sense)
-I wouldn’t put everything in the market all at once. Start very small and add to your positions slowly until you get more comfortable and understand the market more. Always have some cash on the sideline to take advantage of potential opportunities. ( Will follow this advice)
-If it were my 700k I would invest in Dividend Kings and Aristocrats and let the yield on cost grow over the next decade or two. ( Thanks for letting me know, i will look into it more)
-My recommendation would be to DCA into a growth fund like VUG over the next 12-24 months. That will protect you from a sudden correction. Personally, I wouldn't invest in dividend/value tickers, especially if you're under 40. (I’d definitely do this, Thanks. I will do Dividend growth for the passive income)
-If I suddenly got $700K, I'd put it all in high-growth tech funds. (If this was 2015 and I were to d it again, I’d do it. FAANGU stocks might be at peak) However, there's still value to be found in this expensive market. For example, the banking sector still looks undervalued relative to the S&P. So you can probably divide your allocation between growth, value, and money market funds.
-bitcoin (Will run away from any crypto)
-Everything else which isn't that defensive cushion is a highly diversified portfolio of stocks which produce an average dividend of 1.7%. Having more cash or bonds than you need is typically going to underperform. VGRO for the win. Set it and forget it! (Probably not, I’d probably do a US growth fund)
-If you were to try to diy look up some ways to invest in non correlated asset classes that offer a higher rate of return while limiting down side. If you want dividends, I'm a fan on the high yield bond fund. Make sure you do your research as to what's actually in it, though, and balance your portfolio accordingly. Understand the risks involved in bonds, and the risks involved in bonds that pay 8%, before investing. ( I think VWINX is a good one)
-I'll throw out the two rock solid fundsI always recommend: Vwelx/vwinx. The divvy alone will at least keep your assets in the game, and if you look at '08 vwinx only took a 27% hit from previous highs. ( I like the VWINX more)
-Simply put your money into VTWAX. total world stock index. Maximum diversification. Low cost. Low risk as possible. (not too optimistic about the emerging market and frontier markets)
-30 houses in a cheap metro. (Too much work, I have a demanding full time job and collecting rents is no fun when you have difficult clients)
submitted by bullet-150 to investing [link] [comments]

For Trading April 15th

For Trading April 15th
Stocks Rally on “Not Terrible” Bank Earnings
Oil Fails Again, Trades Sub-$20.00
Today was a winner from last night’s futures action and the “Less than feared” reports from JPM and WFC. It didn’t take long for those two to reverse and head lower. This market cares absolutely nothing for the reality of the current situation. We have a president who thinks he’s a king and will do whatever he wants, whenever he wants and will reopen the economy on command. His base may believe that, but it is 180 degrees opposite of what the science says. The DJIA finished +558.99 (2.39%), NASDAQ +323.32 (3.96%), S&P 500 +84.43 (3.06%), the Russell +25.29 (2.09%) and the DJ Transports +140.77 (1.75%, again a laggard). The DJIA was 24:6 Up on the day with AAPL the big gainer +94 DPs, followed by HD +59, MSFT +56, UNH +47, and JNJ as standout who provided forward guidance and went against the trend and raised their dividend. BA was the big loser on news that it had 150 orders 737MAX cancelled and fell 43 DPs with JPM and AXP also losers. BTW, just an aside, there were 21 splits listed for the balance of April, ALL OF THE REVERSES. These included several of the leveraged ETF names but also included Chesapeake Energy (CHK) with a 1:200 in order to stay on the NYSE. Market internals were about average with NYSE A/D 3:1 and NADSAQ 2.4:1. Volume was a touch below average. Consumer discretionary and information tech were strong with financials and energy weak.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video (new equipment) https://youtu.be/vK9cZB5oYu0 SECTORS: The FAANG names were strong across the board (see below) and bonds were mostly unchanged to a touch lower. On the small cap biopharma group, which has a new name popping up every day we had Sonnet Bio (SONN) another one of those wonderful reverses (1:10 and 1:26) trading $10.80 +5.86 preopen and followed by a run to $16.20 before finishing the day $7.99 +3.05 (61.74%) with no news except “trading halted, trading resumed. MEI Pharma (MEIP) had good news in the receipt of $100MM payment and for its oral, once a day drug for “B-cell malignancies.” I may be entitled to up to $582MM based on successful development. The stock traded 2.91 +1.24 (74.8%) preopen and continued to open $3.05, trade up to $3.64 but selloff a bit to close $2.50 +.83 (49.7%). Last in this group, RedHill Biopharma (RDHL) updated its progress with its drug, Opaganib, approved for compassionate use in Italy and Israel. The COVID-19 treatment has been very successful. In Israel, the treatment of just 2 patients demonstrated “measurable clinical improvement within days of treatment initiation.” Patients needed decreased oxygen requirements, decreased C-reactive protein (CRP) levels and increased lymphocyte levels. One patient was treated in the ICU, considered for intubation and was released within days of treatment. Although it traded as high as $22.22 in late 2015, it has not been reversed, it traded as low as $3.26 in March and worked its way higher and broke to the upside Monday 4/6 over $5.50 and has continued higher. It closed today $7.51 +.63 (9.16%) after hitting $8.24. So, not a one-day wonder, it has moved from $3.26 to $7.51 over the last 2 weeks.
Last was ROKU reporting a big gain in revenues this morning. This Lotto tick from $15 in 2017 to trade $176.55 in (9/19) fell back to $58.22 in March finishing the day $106.53 +9.97 (10.33%), almost doubling in just under a month.
BIOPHARMA: was HIGHER with BIIB +10.82, ABBV +2.88, REGN +7.82, ISRG +20.46 (4.14%), MYL +.29, TEVA +.30, VRTX +12.22 (4.84%), INCY +3.27, ICPT +3.29 LABU +3.10 (11.41%) and IBB $118.55 +4.06 (3.55%).
CANNABIS: This group was HIGHER with TLRY +.51, CGC +1.02, CRON +.22, GWPH +1.27, ACB - .004, PYX +.16, NBEV +.39, CURLF +.06, KERN +.10 and MJ $11.70 +.25 (2.18%).
DEFENSE: was HIGHER with LMT +15.04, RTX +3.91, GD +1.90, TXT +.06, NOC +9.94, BWXT +.65, TDY +6.27, and ITA $154.67 +4.04 (2.68%).
RETAIL: was HIGHER with M +.02, JWN -.39, KSS +.24, DDS -1.16, JCP -.01, WMT +3.79, TGT +3.70, TJX +2.37, RL +.53, UAA +.41, LULU +5.93, TPR +.61, CPRI +1.38 (10.58%), and XRT $34.75 +1.47 (4.42%).
FAANG and Big Cap: were HIGHER with several big moves vs. the overall market, with GOOGL +54.59, AMZN +116.13 (5.35%), AAPL +14.15 (5.18%), FB +3.42, NFLX +15.51, NVDA +14.64 (5.43%), TSLA +61.70 (9.48%), BABA +5.74, BIDU +2.98, BA -6.33, CAT +2.71, DIS +2.60 and XLK $89.10 +3.71 (4.34%).
FINANCIALS were LOWER with GS -1.73, JPM -2.36, BAC -.14, MS +.29, C -1.53, PNC -1.46, AIG +.15, TRV +3.57, AXP -1.94, and XLF $22.75 +.22 (.98%).
OIL, $20.11 -2.30. Oil was lower overnight and by the NY open this morning the best it could do was $21.92 -39 and started lower until it fell in the late afternoon to trade 19.95 before a small rally to close just over $20.00. Tonight, it is up $ .75. Tonight’s closing comment on the front page discusses this situation and the position we took in SCO. Stocks were lower with the XLE $38.80 unchanged. This is a video update I made midday. https://youtu.be/40obqKxYVek
METALS, GOLD: $1,768.90 +7.50. After the recent gains, Gold broke solidly above $1,700 and traded as high as $1788 today. Today was a major move to the upside and the close is the highest since September 2012 and sets up a move towards the highs at $1,800 from 2011.
BITCOIN: closed $6950 +140. After we traded in the uptrend, I mentioned this weekend that I felt we’d have to test 67.50 and today we hit 6550 before turning back up. While I want to add the 350 sold just over a week ago, I want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $7.30 +.05 today.
Tomorrow is another day.
CAM
submitted by Dashover to options [link] [comments]

Bitoffer Institute: Upcoming ‘Eth 2.0’ Upgrade! ETF Volume Wins Spot Trading In Value.

Bitoffer Institute: Upcoming ‘Eth 2.0’ Upgrade! ETF Volume Wins Spot Trading In Value.
Since the Bitcoin halving occurred on May 12, markets have swarmed to bitcoin which resulted in significant volatility crush to the market and the various indicators of capital influx, with an amplitude of more than 10%, and futures liquidation achieved $ 1billion at the halving night. While the public was looking forward to the increase in this Bitcoin halving, there was a sharp callback and the market was stunned. Now the opportunity has passed, can market recover after a setback?

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With truism, 2020 is the halving year. When everyone turned their attention to BTC, BCH, BSV, and other currencies, they may forget the ETH. As the king of the public blockchain, ETH will usher in 2.0 super upgrade version in 2020. From the POW mechanism to the POS, the time of transaction confirmation is greatly shortened, which will be reduced from the original minute to 3–6 seconds. The impact is no less than Bitcoin halving. Since the beginning of the year, the transaction volume of ETH has exploded and institutional funds have flowed into the first layout. However, the current price of ETH is less than $200. Under these favorable blessings, the ETH is expected to usher in a super bull market!

https://preview.redd.it/94icttzllvy41.jpg?width=1080&format=pjpg&auto=webp&s=13556a95090e96bc1cba17447698c345bf68c533
So how does the upgrade of Ethereum boost confidence in the market? The 2.0 upgrade, promises higher transaction throughput and a new security model under proof-of-stake (PoS). Eth 2.0 has been in development since 2015 but had failed to gain traction due to the highly technical expertise required to pursue it, until now. First of all, upgrading itself means improvement of technology and optimization of the original system, which is such a benefit in concept; secondly, the ETH2.0 version is the replacement of the original one, and with the POS mechanism introduced, it will gradually replace The old POW which indicates that there will be a large number of ETH holders who will pledge their holdings to obtain the identity of the verifier in order to obtain the opportunities of block rewards. Then the ETH in circulation will reduce and may cause a sharp rise in demand, which will lead to deflation, and the price of the currency will naturally be bullish. In the end, ETH will usher in two block forks. On the occasion, the amount of distribution will be reduced by ten times following with a reduction of supply, and eventually, bring the increase of the upgrade release demand. Those two combinations will lead to the arrival of a super bull market for ETH.
The capital attack routing is gradually pellucid with the coming Ethereum 2.0 upgrade. Since the sudden plunge under the influence of the 3.12 epidemic, the bottom has been quickly built and pave the way for the future rise. The minimum rebound of ETH from the $89 contraction to the current $200 position showing the strong bids among the market. What’s more, with a sudden callback showed up when the price has more than doubled while there is no phenomenon of strong volume, indicating that most people are still held with unwavering and steadily.
According to official Bitoffer statistics, under the stimulated by variable bull market conditions, ETH has climbed as high as 125% in the past three months since the Ethereum ETF has risen about 200% over the same period. In the past three months, the 24-hour trading volume of ETH has achieved around 7 billion US dollars and daily turnover of ETF reached $1billion. It shows the year-over-year growth compared with the same period last year with a daily upward trend. Being the world’s largest trading platform, Bitoffer owns more than 80% Ethereum ETF share accounted within the market. Therefore, in the upsurge of Ethereum ETF fund transactions gradually catching up with the ETH itself, why is Bitoffer’s Ethereum ETF sought-after in the market?

https://preview.redd.it/f1h9ssfnlvy41.png?width=1773&format=png&auto=webp&s=8ac410360fe97a0525286dbaa79b302370fca9b4
The advantages including :
  1. Support buying long and short, no deposit, and no fees with open-end funds purchase function!
  2. Automatic position adjustment mechanism with at least 3X as high 15X profit!
  3. Simplicity of trading, purchase and redemption both with USDT!
  4. No limitation of the trading period, no liquidation mechanism and can trading anytime with anywhere!
Let’s calculate with $200 of ETH
  1. 2.0 super version upgrade, price X2 theoretically
  2. Amount of distribution reduced by 10 times, price X2 theoretically
  3. ETH price will be: $200*4=$800 (expected price after upgrade
The comparison of profits between holding the currency and the ETF:
  1. ETH earns 4X return
  2. Purchasing the Ethereum ETF, the return will be started at 12X and as high 30X (Automatic position adjustment plus funds compounding)
There’s no doubt that purchasing the Ethereum ETF will be a better choice when comparing the profits gain. It’s worth noting that Bitoffer will bring out the most amazing ETH options and be prepared for the coming super bull-market.
submitted by Bitoffer_Official to BitOffer_Official [link] [comments]

For Trading April 15th

For Trading April 15th
Stocks Rally on “Not Terrible” Bank Earnings
Oil Fails Again, Trades Sub-$20.00
Today was a winner from last night’s futures action and the “Less than feared” reports from JPM and WFC. It didn’t take long for those two to reverse and head lower. This market cares absolutely nothing for the reality of the current situation. We have a president who thinks he’s a king and will do whatever he wants, whenever he wants and will reopen the economy on command. His base may believe that, but it is 180 degrees opposite of what the science says. The DJIA finished +558.99 (2.39%), NASDAQ +323.32 (3.96%), S&P 500 +84.43 (3.06%), the Russell +25.29 (2.09%) and the DJ Transports +140.77 (1.75%, again a laggard). The DJIA was 24:6 Up on the day with AAPL the big gainer +94 DPs, followed by HD +59, MSFT +56, UNH +47, and JNJ as standout who provided forward guidance and went against the trend and raised their dividend. BA was the big loser on news that it had 150 orders 737MAX cancelled and fell 43 DPs with JPM and AXP also losers. BTW, just an aside, there were 21 splits listed for the balance of April, ALL OF THE REVERSES. These included several of the leveraged ETF names but also included Chesapeake Energy (CHK) with a 1:200 in order to stay on the NYSE. Market internals were about average with NYSE A/D 3:1 and NADSAQ 2.4:1. Volume was a touch below average. Consumer discretionary and information tech were strong with financials and energy weak.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video (new equipment) https://youtu.be/vK9cZB5oYu0 SECTORS: The FAANG names were strong across the board (see below) and bonds were mostly unchanged to a touch lower. On the small cap biopharma group, which has a new name popping up every day we had Sonnet Bio (SONN) another one of those wonderful reverses (1:10 and 1:26) trading $10.80 +5.86 preopen and followed by a run to $16.20 before finishing the day $7.99 +3.05 (61.74%) with no news except “trading halted, trading resumed. MEI Pharma (MEIP) had good news in the receipt of $100MM payment and for its oral, once a day drug for “B-cell malignancies.” I may be entitled to up to $582MM based on successful development. The stock traded 2.91 +1.24 (74.8%) preopen and continued to open $3.05, trade up to $3.64 but selloff a bit to close $2.50 +.83 (49.7%). Last in this group, RedHill Biopharma (RDHL) updated its progress with its drug, Opaganib, approved for compassionate use in Italy and Israel. The COVID-19 treatment has been very successful. In Israel, the treatment of just 2 patients demonstrated “measurable clinical improvement within days of treatment initiation.” Patients needed decreased oxygen requirements, decreased C-reactive protein (CRP) levels and increased lymphocyte levels. One patient was treated in the ICU, considered for intubation and was released within days of treatment. Although it traded as high as $22.22 in late 2015, it has not been reversed, it traded as low as $3.26 in March and worked its way higher and broke to the upside Monday 4/6 over $5.50 and has continued higher. It closed today $7.51 +.63 (9.16%) after hitting $8.24. So, not a one-day wonder, it has moved from $3.26 to $7.51 over the last 2 weeks.
Last was ROKU reporting a big gain in revenues this morning. This Lotto tick from $15 in 2017 to trade $176.55 in (9/19) fell back to $58.22 in March finishing the day $106.53 +9.97 (10.33%), almost doubling in just under a month.
BIOPHARMA: was HIGHER with BIIB +10.82, ABBV +2.88, REGN +7.82, ISRG +20.46 (4.14%), MYL +.29, TEVA +.30, VRTX +12.22 (4.84%), INCY +3.27, ICPT +3.29 LABU +3.10 (11.41%) and IBB $118.55 +4.06 (3.55%).
CANNABIS: This group was HIGHER with TLRY +.51, CGC +1.02, CRON +.22, GWPH +1.27, ACB - .004, PYX +.16, NBEV +.39, CURLF +.06, KERN +.10 and MJ $11.70 +.25 (2.18%).
DEFENSE: was HIGHER with LMT +15.04, RTX +3.91, GD +1.90, TXT +.06, NOC +9.94, BWXT +.65, TDY +6.27, and ITA $154.67 +4.04 (2.68%).
RETAIL: was HIGHER with M +.02, JWN -.39, KSS +.24, DDS -1.16, JCP -.01, WMT +3.79, TGT +3.70, TJX +2.37, RL +.53, UAA +.41, LULU +5.93, TPR +.61, CPRI +1.38 (10.58%), and XRT $34.75 +1.47 (4.42%).
FAANG and Big Cap: were HIGHER with several big moves vs. the overall market, with GOOGL +54.59, AMZN +116.13 (5.35%), AAPL +14.15 (5.18%), FB +3.42, NFLX +15.51, NVDA +14.64 (5.43%), TSLA +61.70 (9.48%), BABA +5.74, BIDU +2.98, BA -6.33, CAT +2.71, DIS +2.60 and XLK $89.10 +3.71 (4.34%).
FINANCIALS were LOWER with GS -1.73, JPM -2.36, BAC -.14, MS +.29, C -1.53, PNC -1.46, AIG +.15, TRV +3.57, AXP -1.94, and XLF $22.75 +.22 (.98%).
OIL, $20.11 -2.30. Oil was lower overnight and by the NY open this morning the best it could do was $21.92 -39 and started lower until it fell in the late afternoon to trade 19.95 before a small rally to close just over $20.00. Tonight, it is up $ .75. Tonight’s closing comment on the front page discusses this situation and the position we took in SCO. Stocks were lower with the XLE $38.80 unchanged. This is a video update I made midday. https://youtu.be/40obqKxYVek
METALS, GOLD: $1,768.90 +7.50. After the recent gains, Gold broke solidly above $1,700 and traded as high as $1788 today. Today was a major move to the upside and the close is the highest since September 2012 and sets up a move towards the highs at $1,800 from 2011.
BITCOIN: closed $6950 +140. After we traded in the uptrend, I mentioned this weekend that I felt we’d have to test 67.50 and today we hit 6550 before turning back up. While I want to add the 350 sold just over a week ago, I want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $7.30 +.05 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

IQ OPTIONS Review 2020

IQ OPTIONS Review 2020
https://preview.redd.it/qyhuuex3xyk41.jpg?width=1400&format=pjpg&auto=webp&s=99485b7247443c5c57f17cf01a1c2747e83107d1
IQ Options is a web-based exchanging stage that empowers clients to exchange an assortment of money related instruments and resources, for example, Binary Options, Stocks, Forex and obviously Cryptocurrencies.Established in 2013 and worked by IQ Option Ltd, the website has immediately got one of the quickest developing web-based exchanging stages and claims to have more than 20 million record-holders from around the globe.IQ options are likewise situated in Cyprus and managed in the EU by the Cyprus Securities and Exchange Commission (CySec), the organization is completely agreeable with the enactment set forward by the commission and completely approved to offer their items to customers in various purviews.Investigate we walk you through the site and offer our full audit of the administration.
IQ options at a Glance
Broker -IQ OptionsRegulation -CySEC (Cyprus)Minimum Initial Deposit - $10Demo Account - YesResource Coverage - CFDs, ETFs, Forex, Cryptocurrency, Stocks, Indices, CommoditiesLeverage - 30:1 Retail Traders, 1000:1 Professional TradersExchanging Platforms - Proprietary Web, Mobile AppWhat it offersIQ options is a thorough exchanging stage that furnishes its clients with an abundance of choices, and in the wake of beginning as a parallel choices agent, IQ Option presently permits clients to exchange Contracts for Difference (CFDs) on stocks, Cryptocurrencies, Exchange Traded Funds (ETFs), Forex, and a scope of different computerized alternatives.CFD on Stocks – IQ Option permits clients to exchange CFDs on stocks from more than 176 unique organizations, including the best organizations recorded on the NASDAQ and NYSE.Digital currencies – Users can likewise exchange 12 of the top cryptographic forms of money including Bitcoin, Ethereum, Litecoin, Ripple, Monero, Zcash, Omisego, IOTA, and Dash.ETFs – EFT exchanging is a generally new item, and ETFs work by following wares, lists, and bushels of benefits. These can be exchanged a similar route as normal stocks, and dealers can look over around 4288 changed ETFs.Forex – Foreign exchanging, or Forex, is a very well-known exchanging business sector and IQ Option gives access to around 188 cash exchanging sets. This permits clients to exchange their preferred outside monetary forms effortlessly.Alternatives – Users can theorize on the cost of various resources, which incorporate monetary forms, stocks, lists, and wares. The stage as of now gives a portal to [more than 10 million choices.](mailto:[email protected])
History of IQ Option in Numbers
As referenced, the IQ Option was established in 2013. From that point forward, the merchant has developed extensively and remembers explicit figures for its site to help show its development. Beginning with the number of dynamic clients, there were 8,110,000 enrolled clients in 2015, which had about multiplied to 14,680,000 by 2016 and arrived at 25,580,000 of every 2017. This speaks to enrolled client development of an incredible 17 million just somewhere in the range of 2015 and 2017.
Not exclusively did IQ Option have a sweeping development in dynamic clients, however the nations that these dealers were from expanded. In 2014, IQ Option had merchants in 135 nations, developing to 148 nations in 2015, 150 out of 2016, and 151 out of 2017.IQ options additionally record the figures identified with exchanges consistently. Somewhere in the range of 2013 and 2014, the quantity of day by day exchanges expanded by almost multiple times. Somewhere in the range of 2015 and 2017, this figure developed another 2.5 occasions. For those intrigued by points of interest, 2015 had a normal of 646,000 exchanges every day, which expanded to 956,000 by 2016 and 1.8 million by 2017.
IQ options Customer Reviews 2020
Most online surveys from clients of IQ Option are sure, yet there is the intermittent negative audit, as ought not to out of the ordinary. A few objections identify with the way that IQ Option requires KYC methods to check your personality before you pull back assets. Be that as it may, these methods are typical for any intermediary managing fiat money, and even numerous cryptographic money trades require KYC methodology.
A few clients likewise demonstrate that pulling back assets can be trying on occasion with the infrequent issue identified with having a record blocked. In any case, this seems direct to determine and may come down to KYC issues; the surveys are not clear on the reason.
Those surveys that demonstrate objections against IQ Option are consistently sprinkled with positive audits. It additionally appears that a large number of negative surveys posted online are not really from clients. Rather, they are from individuals who guarantee to have had issues as anapproach to advance another assistance. At the point when you take a gander at online surveys from individuals who guarantee to be clients of IQ Option, make sure to think about them while taking other factors into consideration since many are unmistakably from contenders or individuals with ulterior thought processes.
At the point when perused with a basic eye, the general pattern of apparently legitimate surveys of IQ Option from clients is by [all accounts impartial to positive.](mailto:[email protected])
IQ Options Review 2020; Is IQ Option a Scam?

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While doing this survey and looking into others' suppositions on the web, we found various grumblings from individuals considering the website a trick. A few reasons referenced are that they crippled an individual's record which didn't permit them to pull back their parity and a ton of disappointed individuals who appear to have lost cash exchanging on the stage.
Be that as it may, we additionally discovered an overpowering number of constructive remarks about the organization which appears to point that the rare sorts of people who have had issues with them are the more vocal individuals on the web. In our view there is positively no chance this organization can be viewed as a trick, the organization is a firmly directed business with a high-income turnover, official business premises, and excellent site and exchanging programming.
Is IQ Option Safe?
Notwithstanding practices, for example, keeping up isolated records for customer reserves, IQ Option offers security in a few different manners. Obviously, the representative has full SSL encryption. All things considered, all correspondence that dealers send to the representative's servers is scrambled such that meets AES 256 Bit encryption guidelines. That encryption restricts the capacity of programmers to get to data, letting IQ Option supply included insurance of both customer assets and data.
IQ Options 2020 Review Verdict
IQ options is a noteworthy stage that furnishes its clients with a lot of significant worth. The site consolidates a decent degree of straightforwardness and usefulness and clients can be open to realizing that the stage is with regards to the [most recent money related guidelines.](mailto:[email protected])
Exchanging on the site is commonly a significant smooth encounter and the stage uses a natural UI that is anything but difficult to explore. The stage and exchanging application is useful enough for proficient dealers while additionally being sufficiently shortsighted to permit new participants to effortlessly gain proficiency with the exchanging procedure.
IQ options are an organization on the ascent and have developed to overseeing just about 15 million records and preparing 3 million exchanges for every day. The site additionally appreciates an exchanging volume of $11 billion per month and pays out around $5.7 million to its clients on a month to month premise.
The site has its downsides, and clients who require broad cooperation with a client support operator might be unfulfilled by the two record levels. So as to be in reliable correspondence with a customized account supervisor brokers are required to pay a $3000 expense which might be unreasonably prohibitive for a few. The site is likewise ending up being well known with dealers around the globe and notwithstanding IQ Option giving time and vitality to building up its client assistance, there is the likelihood that clients may need to sit tight for over 24 minutes so as to have their questions prepared.
At last, IQ Option isn't accessible to the inhabitants of nations, for example, the United States, Canada, and Japan. These countries are home to huge quantities of monetary educated people and the stage would be in an ideal situation with their essence. Be that as it may, IQ Option despite everything takes into account dealers from more than 178 nations and offers exhaustive assistance to every one of its clients. The stage takes into account stock, Forex, and digital money dealers and people who sign up can make certain to collaborate with an instinctive stage that gives access to an abundance of assets and exchanging alternatives.
How to Recover Money Lost to IQ Option
As consistently with exchanging, you should realize the dangers beforehand – these are unpredictable markets where it is totally conceivable to lose huge aggregates of cash on the off chance that you don't have the foggiest idea what you are doing. Make a point to do your exploration, gain proficiency with the stage back to front and never chance more cash than you can stand to lose. But if you realize you have lost money, you can recover all your lost money back from IQ Options by sending an email to [-[email protected]](mailto:[email protected])
submitted by BacklinksSeo73 to u/BacklinksSeo73 [link] [comments]

The Decade in Blockchain — 2010 to 2020 in Review

2010

February — The first ever cryptocurrency exchange, Bitcoin Market, is established. The first trade takes place a month later.
April — The first public bitcoin trade takes place: 1000BTC traded for $30 at an exchange rate of 0.03USD/1BTC
May — The first real-world bitcoin transaction is undertaken by Laszlo Hanyecz, who paid 10000BTC for two Papa John’s pizzas (Approximately $25 USD)
June — Bitcoin developer Gavin Andreson creates a faucet offering 5 free BTC to the public
July — First notable usage of the word “blockchain” appears on BitcoinTalk forum. Prior to this, it was referred to as ‘Proof-of-Work chain’
July — Bitcoin exchange named Magic The Gathering Online eXchange—also known as Mt. Gox—established
August —Bitcoin protocol bug leads to emergency hard fork
December — Satoshi Nakamoto ceases communication with the world

2011

January — One-quarter of the eventual total of 21M bitcoins have been generated
February — Bitcoin reaches parity for the first time with USD
April — Bitcoin reaches parity with EUR and GBP
June — WikiLeaks begins accepting Bitcoin donations
June — Mt. Gox hacked, resulting in suspension of trading and a precipitous price drop for Bitcoin
August — First Bitcoin Improvement Proposal: BIP Purpose and Guidelines
October — Litecoin released
December — Bitcoin featured as a major plot element in an episode of ‘The Good Wife’ as 9.45 million viewers watch.

2012

May — Bitcoin Magazine, founded by Mihai Alisie and Vitalik Buterin, publishes first issue
July — Government of Estonia begins incorporating blockchain into digital ID efforts
September — Bitcoin Foundation created
October — BitPay reports having over 1,000 merchants accepting bitcoin under its payment processing service
November — First Bitcoin halving to 25 BTC per block

2013

February — Reddit begins accepting bitcoins for Gold memberships
March — Cyprus government bailout levies bank accounts with over $100k. Flight to Bitcoin results in major price spike.
May —Total Bitcoin value surpasses 1 billion USD with 11M Bitcoin in circulation
May — The first cryptocurrency market rally and crash takes place. Prices rise from $13 to $220, and then drop to $70
June — First major cryptocurrency theft. 25,000 BTC is stolen from Bitcoin forum founder
July — Mastercoin becomes the first project to conduct an ICO
August — U.S. Federal Court issues opinion that Bitcoin is a currency or form of money
October — The FBI shuts down dark web marketplace Silk Road, confiscating approximately 26,000 bitcoins
November — Vitalik Buterin releases the Ethereum White Paper: “A Next-Generation Smart Contract and Decentralized Application Platform
December — The first commit to the Ethereum codebase takes place

2014

January — Vitalik Buterin announces Ethereum at the North American Bitcoin Conference in Miami
February — HMRC in the UK classifies Bitcoin as private money
March — Newsweek claims Dorian Nakamoto is Bitcoin creator. He is not
April — Gavin Wood releases the Ethereum Yellow Paper: “Ethereum: A Secure Decentralised Generalised Transaction Ledger
June — Ethereum Foundation established in Zug, Switzerland
June — US Marshals Service auctions off 30,000 Bitcoin confiscated from Silk Road. All are purchased by venture capitalist Tim Draper
July — Ethereum token launch raises 31,591 BTC ($18,439,086) over 42 days
September — TeraExchange launches first U.S. Commodity Futures Trading Commission approved Bitcoin over-the-counter swap
October — ConsenSys is founded by Joe Lubin
December — By year’s end, Paypal, Zynga, u/, Expedia, Newegg, Dell, Dish Network, and Microsoft are all accepting Bitcoin for payments

2015

January — Coinbase opens up the first U.S-based cryptocurrency exchange
February — Stripe initiates bitcoin payment integration for merchants
April — NASDAQ initiates blockchain trial
June — NYDFS releases final version of its BitLicense virtual currency regulations
July — Ethereum’s first live mainnet release—Frontier—launched.
August — Augur, the first token launch on the Ethereum network takes place
September — R3 consortium formed with nine financial institutions, increases to over 40 members within six months
October — Gemini exchange launches, founded by Tyler and Cameron Winklevoss
November — Announcement of first zero knowledge proof, ZK-Snarks
December — Linux Foundation establishes Hyperledger project

2016

January — Zcash announced
February — HyperLedger project announced by Linux Foundation with thirty founding members
March — Second Ethereum mainnet release, Homestead, is rolled out.
April — The DAO (decentralized autonomous organization) launches a 28-day crowdsale. After one month, it raises an Ether value of more than US$150M
May — Chinese Financial Blockchain Shenzhen Consortium launches with 31 members
June — The DAO is attacked with 3.6M of the 11.5M Ether in The DAO redirected to the attacker’s Ethereum account
July — The DAO attack results in a hard fork of the Ethereum Blockchain to recover funds. A minority group rejecting the hard fork continues to use the original blockchain renamed Ethereum Classic
July — Second Bitcoin halving to 12.5BTC per block mined
November — CME Launches Bitcoin Price Index

2017

January — Bitcoin price breaks US$1,000 for the first time in three years
February — Enterprise Ethereum Alliance formed with 30 founding members, over 150 members six months later
March — Multiple applications for Bitcoin ETFs rejected by the SEC
April — Bitcoin is officially recognized as currency by Japan
June — EOS begins its year-long ICO, eventually raising $4 billion
July — Parity hack exposes weaknesses in multisig wallets
August — Bitcoin Cash forks from the Bitcoin Network
October — Ethereum releases Byzantium soft fork network upgrade, part one of Metropolis
September — China bans ICOs
October — Bitcoin price surpasses $5,000 USD for the first time
November — Bitcoin price surpasses $10,000 USD for the first time
December — Ethereum Dapp Cryptokitties goes viral, pushing the Ethereum network to its limits

2018


January — Ethereum price peaks near $1400 USD
March — Google bans all ads pertaining to cryptocurrency
March — Twitter bans all ads pertaining to cryptocurrency
April — 2018 outpaces 2017 with $6.3 billion raised in token launches in the first four months of the year
April — EU government commits $300 million to developing blockchain projects
June — The U.S. Securities and Exchange Commission states that Ether is not a security.
July — Over 100,000 ERC20 tokens created
August — New York Stock Exchange owner announces Bakkt, a federally regulated digital asset exchange
October — Bitcoin’s 10th birthday
November — VC investment in blockchain tech surpasses $1 billion
December — 90% of banks in the US and Europe report exploration of blockchain tech

2019

January — Coinstar machines begin selling cryptocurrency at grocery stores across the US
February — Ethereum’s Constantinople hard fork is released, part two of Metropolis
April — Bitcoin surpasses 400 million total transactions
June — Facebook announces Libra
July — United States senate holds hearings titled ‘Examining Regulatory Frameworks for Digital Currencies and Blockchain”
August — Ethereum developer dominance reaches 4x that of any other blockchain
October — Over 80 million distinct Ethereum addresses have been created
September — Santander bank settles both sides of a $20 million bond on Ethereum
November — Over 3000 Dapps created. Of them, 2700 are built on Ethereum
submitted by blockstasy to CryptoTechnology [link] [comments]

𝙲𝚘𝚒𝚗𝚋𝚊𝚜𝚎 𝚂𝚞𝚙𝚙𝚘𝚛𝚝 𝙽𝚞𝚖𝚋𝚎𝚛 +𝟷-𝟾𝟻𝟻-𝟿𝟹𝟽-𝟺𝟸𝟸𝟻$%#

𝙲𝚘𝚒𝚗𝚋𝚊𝚜𝚎 𝚂𝚞𝚙𝚙𝚘𝚛𝚝 𝙽𝚞𝚖𝚋𝚎𝚛 +𝟷-𝟾𝟻𝟻-𝟿𝟹𝟽-𝟺𝟸𝟸𝟻$%

A common mantra found in the cryptoasset community is “be your own bank.” Accordingly, Bitcoin enthusiasts promote what they call “private key management solutions,”
which means storing a long string of random numbers or letters offline, either on a piece of paper or on a dedicated storage device (a “hardware wallet”).
Such a method of securing cryptoasset holdings is difficult for the average consumer – if the piece of paper or storage device is lost, the funds are lost forever.
Flaunting this mantra, Coinbase offers hosted wallets alongside its exchange and brokerage. These allow users to safely store cryptoassets
on Coinbase, which custodians the assets. As of Coinbase’s last reporting, in late November 2017, the company had 13.3M users and 45.2M wallets (users generally have more than one wallet, each for a different cryptoasset).
Coinbase’s customers typically fall into one of two groups:
(1) investors, and (2) those transacting with cryptoassets. For investors, Coinbase encourages transferring funds into its “cold storage” vaults,
which it guarantees against Coinbase hacking. These vaults are disconnected from the internet and offer increased security. For those transacting
(or trading on other exchanges), Coinbase allows users to send funds from Coinbase to other wallets.
Custody provides financial controls and storage solutions for institutional investors to trade cryptoassets.
The service is geared toward larger players on Wall Street and costs $100,000 in initial setup fees, a management fee of 10 basis points
monthly on AUM, and a minimum balance of $10M. Coinbase plans to launch Custody early this year.
Custody is not the first mover in the space.
Digital Currency Group’s Genesis Trading has offered institutional players OTC (“over the counter”) trading in cryptoasset markets since 2013,
while the Winklevoss Capital-backed Gemini was founded in 2015. Other major OTC providers catering to institutions include Circle, which has raised $136M in venture financing, and DRW’s Cumberland.
Additionally, traditional exchanges like the Chicago Board Options Exchange (CBOE) and CME now offer futures trading for cryptoassets, with the CBOE also recently filing for a bitcoin ETF.
Lastly, investment trusts – like Grayscale – offer tradable securities on top of cryptoassets. These often trade at a premium to exchange prices,
but are operationally easier for institutional investors to hold.
While Coinbase remains focused on its core brokerage and exchange businesses, one of the company’s longer-term projects is Toshi.
Toshi is a mobile app for browsing decentralized applications, an ethereum wallet, and an identity and reputation management system.
At a high level, the aim with Toshi is to give users broader access to decentralized applications built on top of the Ethereum blockchain. In this way, Coinbase hopes that
Toshi could allow for the building of viable crypto use cases, beyond speculation.
Some current examples include Leeroy, a decentralized social media platform where users earn money for likes, and Cent, where users can ask questions and offer bounties for the best answers. Toshi launched in April 2017, and early traction has been limited.
Critics of Toshi point to the app’s centralization. Toshi is built, maintained, and effectively controlled by Coinbase, which might discourage developers from building on top of it.
To use an analogy that illustrates the downsides of centralization, consider an Amazon merchant. If Amazon were to change its search
algorithm or fee structure, that merchant might be adversely affected. Decentralization, according to proponents, presents an alternative that
makes developers less subject to the whims of the platform they build on.
On the flipside, and as a function of centralization, Coinbase can make quick changes to Toshi without community consensus. Coinbase also
has a significant number of existing users, brand recognition, and money to spend, which could bode well for Toshi’s future adoption

Coinbase has emerged as something of a cryptoasset kingmaker for investors, as assets listed on its exchange have seen substantial price appreciation.
This development is largely a result of cryptoassets evolving into an investment vehicle. Coinbase’s excellence in security, regulatory compliance,
and ease-of-use has helped drive up user numbers. When Coinbase give its “stamp of approval” to a given cryptoasset, millions of users can then trade it, which often drives up prices.

Where bitcoin and other cryptoassets were once considered a “means of exchange” and an alternative payments system, they are
now more often called a “store of value” and an investment opportunity.

Scaling issues have contributed to this shift, as core developers remain locked in debate over how best to scale Bitcoin into an effective
payments network. Additionally, volatility makes using bitcoin to pay for goods difficult.
Thus, while Coinbase initially promised “instant payments [and] widespread [bitcoin] adoption,” bitcoin has seen limited adoption among
merchants and consumers; users haven’t meaningfully transacted with bitcoin like they might with dollars or euros.
Coinbase has overhauled its messaging and user experience to capitalize on this trend, with the company’s homepage now encouraging
users to “buy and sell digital currency,” where it once welcomed users to “the future of money.” This makes a lot of sense as a brokerage:
Coinbase brings in revenue on every trade (based on volume), and is therefore incentivized to encourage frequent trading and investment.
company’s brand, it was the most downloaded app on Apple’s App Store in early December 2017. Coinbase also currently sits at No. 5 for most downloaded US “Finance” apps. No other cryptoasset exchange comes close, and few legitimate cryptoasset exchange apps are even deployed.
It’s unlikely that bitcoin would ever have hit the mainstream without a company like Coinbase, which provides an easy-to-use, trusted means of buying and selling cryptoassets.
Coinbase has also struggled with general customer support. These issues have expressed themselves in Coinbase’s app reviews; the app is currently rated an average of 3.6 stars based on 16,107 reviews (as of January 8th, 2017), and has been garnering a larger percentage of 1-star ratings in recent months.
One example of this was its recent addition of bitcoin cash. At around 7pm EST on December 19th, 2017, Coinbase surprised users by listing a fourth asset: bitcoin cash. Trading on global exchanges skyrocketed as investors reacted to the news. A day after the announcement, bitcoin cash closed at $4,000 on some exchanges, up from around $2,200 two days earlier. Volume soared as well, from $2.5B on December 18th, to almost $12B on December 20th, an increase of 380%.
However, almost none of this trading was happening on Coinbase. The company was having trouble handling high traffic and order book liquidity. Four minutes after listing bitcoin cash, with the price swinging from $3,500 to near $9,000 on its exchange, Coinbase paused its bitcoin cash order book.
After 18 hours during which rumors of insider trading swirled, Coinbase announced that it would
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European Investors are Renewing Their Interest in Gold

European investors are showing a heightened level of interest in gold. This trend reflects a turnaround in the status of gold as an asset in the world’s economy.
Before the 2008 financial crash, European central banks were net sellers of gold. Gold represented a bygone era: a barbaric relic without periodic yield that was fast falling out of favor with institutional investors.
Europe was undoubtedly the most advanced region in the world between the 11 than 20th centuries. Much of the continent had royal families that donned plenty of gold as a sign of status and wealth. As the continent modernized through the 20th century, the shift to paper money and more equal societies swept this order aside. Gold had the vestiges of this era, and by the 1990s, it seemed to be relegated to a fringe asset.
Fast forward a decade, and gold is once again popular with the high and mighty, as well as individual investors.
A 2019 statement on the website of the Dutch central bank, De Nederlandsche Bank (DNB), best shows the perspective shift in the past two decades. The Netherlands has raised its gold holdings to over 600 tons despite being a pretty modern economy.
The statement in part read:
“Shares, bonds, and other securities are not without risk, and prices can go down. But a bar of gold retains its value, even in times of crisis. That is why central banks, including DNB, have traditionally held considerable amounts of gold. Gold is the perfect piggy bank — it’s the anchor of trust for the financial system. If the system collapses, the gold stock can serve as a basis to build it up again. Gold bolsters confidence in the stability of the central bank’s balance sheet and creates a sense of security.”

A Sense of Realism

Central banks have a track record of cautious, balanced communication meant to prevent overreaction from the public. Therefore, it is somewhat surprising to see some European central banks giving gold a direct endorsement.
Many would associate these institutions with a conservative approach that appraises paper money and the stability of the status quo.
Hungary is another country where monetary policy is shifting toward gold. The country’s central bank (MNB) conducted its first gold purchases since 1986 last year.
To explain this move, MNB described its rationale as follows:
“In normal circumstances, gold has a confidence-building feature, i.e., it may play a stabilizing role and act as a major line of defense under extreme market conditions or in times of structural changes in the international financial system or deep geopolitical crises. In addition, gold continues to be one of the safest assets, which can be related to individual properties such as the limited supply of physical precious metal. This asset does not have a link to credit or counterparty risk, given that gold is not a claim on a specific counterparty or country.”
Interestingly, the features that made gold an old-school, boring asset in the 90s have made it extremely appealing today. European institutional investors are now increasingly appreciating this reality. In hindsight, the decision by the Bank of England to sell off large amounts of gold in the late 90s looks foolish now. A lot of European central banks shared this dismissive sentiment.

Reasons for the Renewed Interest in Gold

As the new millennium started, the European Union couldn’t be stronger. The Euro was a darling for investors, economies like Greece were still decent, and the region generally faced fewer geopolitical crises.
The 2008 financial meltdown was a devastating reality check for the region. Many countries, especially in Southern Europe, have never truly recovered from this crisis. In 2019, the region’s economy was still barely growing. Europe’s largest economy, Germany, just about managed to beat a recession.
This region is not immune to geopolitical crises either. The migrant crisis in the aftermath of the Syrian civil war threatened to tear Europe apart, not only from a political standpoint but also economically.
Individualistic approaches to national economies are back in fashion. Therefore, European central banks are following recent trends from the likes of Russia, Turkey, and Kazakhstan in shoring up their gold reserves.
Moreover, Europe and most of the Western world is in a zero to negative interest era. With such circumstances prevailing, investors are looking to gold as a store of value.
Central banks have pushed low-interest policies for a decade now, flooding the global economy with cheap fiat money. Inevitably, investors’ trust in cash-backed investments dissipates with time because there is no timeline of departure for this policy.
Even ordinary investors seem to be catching on. Germany, for instance, is reportedly looking to lower the anonymous purchase limit for gold, from €10,000 to €2,000. Lowering the limit comes under the guise of anti money-laundering.
Such measures are a response to the increasing appetite for the precious metal, even among regular investors. Gold is an attractive asset to hedge against inflation. This quality is something useful in such uncertain times, hence the higher demand.

A Reflection of Global Trends

Despite the significance of this turnaround, Europe is relatively late to the party. Central banks across the world have been rapidly increasing their gold reserves, especially in the latter part of the previous decade.
In the past couple of years, central banks have bought gold at rates unseen since the end of the US gold standard in 1971. Countries like Russia lead the onslaught, with demand likely to remain solid for the foreseeable future.
Interestingly, Hungary and Poland feature prominently among the largest purchasers. Global data from the World Gold Council spanning the first three quarters of 2019 indicates that last year will likely break records in annual central bank gold purchases.
Gold provides an opportunity for countries with stuttering currencies like Russia to hedge against inflation. The yellow metal has a standard price in international markets and presents an opportunity to shore up against further currency slides. Gold’s standing as a safe-haven asset among central banks has never been higher in recent times. For investors, it is a viable asset for portfolio diversification.
As a regional bloc, European central banks already have the highest amount of gold reserves worldwide, although the USA leads among individual countries by some distance. This positioning puts into perspective the importance of Europe to global gold trading. With the region looking to become one with a robust demand for gold, this could boost prices tremendously.
Investor interest in gold-related products like ETFs is equally strong. Inflows into gold-backed ETFs since the end of 2015 have been on the rise. ETFs are the primary tool for stock market gold exposure, and their popularity is a reflection of investor sentiment.
Even in this asset class, European investors are increasingly active with assets under management in European gold ETFs rising to 1,134 tons by the end of 2018.

The Role of Private Investors

In a zero or negative interest rate regime, and fears of a European recession and weaker European stocks relative to the American market, individual investors are showing high interest in gold. In Switzerland, gold ranks second only to real estate in terms of which asset ordinary people consider purchasing. Gold offers security and stability, which don’t seem so sure in a stuttering Europe.
The behavior of private gold investors points at individuals looking for such stability. Short-term speculation with the bull gold market is not a huge factor, although it may provide an incentive for some. Prominent investors like Ray Dalio suggest that gold may maintain its bull run for the rest of the year.
In summary, Europe is fast catching on to the new gold rush. With a struggling economy and geopolitical crises, gold popularity in this market is a logical result. The yellow metal has proven its mettle many times over during financial turmoil. Gold is making a strong comeback in this region not only among central banks but also private investors.
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Investors' trust in the US dollar is down as the trust in gold keeps growing

Investors' trust in the US dollar is down as the trust in gold keeps growing
In the last couple of years, central banks in many countries have been actively buying gold. This increased demand served as a key factor in driving up the price for the precious metal. Recently, the price even exceeded $1,500 for a troy ounce. Even though it's still far from the historical high of $1770 (reached in 2011), the current price dynamics points towards a new cycle of growth.
The 2008-2011 price rally started at the $750 mark and was a result of the global financial crisis. Fortunately, developed economies managed to halt the downturn quite quickly, and the price of gold underwent a correction. However, after a fall to $1,070 for a troy oz. at the end of 2015, a new uptrend began. It was hardly noticeable at first, but by spring-2019, with the escalating US-China trade war and increasing tensions in the Middle East, gold prices started to grow rapidly.

https://preview.redd.it/nd521570t9b41.png?width=640&format=png&auto=webp&s=d64acfdd43963aaec55cb39da74abf345783cf40
It's worth noting that for the past few decades, the United States has held more gold in reserve than any other country in the world. In the last 15 years, the US gold reserves have stayed virtually unchanged, at 8,100 tons. By comparison, Germany — which holds the second place - has circa 3,400 tons of gold, or more than twice when compared to the US. Numerous international experts claim that the money and credit policy of the United States has a decisive impact on the price of gold. This theory does a great job at explaining the current situation: as the Federal Reserve takes steps to devalue the dollar, the gold prices keep growing.
In particular, in June, Bank of America experts Michelle Meyer and Ben Randall, issued a warning saying that the US government is considering an intervention to weaken the dollar.
In this context, more and more countries, central banks, and corporations realize that the value of the US dollar is based on the trust conferred to it by the global community. If this trust evaporates, a crash will become inevitable. The USD exchange rate may not fall so much relative to the euro or Japanese yen. However, the change relative to the price of gold will be dramatic. The exchange rates of all other fiat currencies to gold will decrease proportionately.
Gold is a safe investment asset, since US authorities cannot subject it to any sanctions. Besides, it has value in its own right, which is a statement that does not apply to US dollars or the euro. Thus, it's not surprising that the demand for physical gold continues to grow.
According to the latest report issued by the World Gold Council, the demand for the yellow metal reached a 3-year high in the first half of 2019. In Q2 2019 alone, global demand grew to 1,123 tons, which is 8% higher than in the second quarter of 2018.
The demand was spurred mostly by the ongoing purchases of central banks and by the steady growth of the gold-backed ETF market. The overall demand for gold in the first 6 months of 2019 grew to 2,181.7 tons.
During the same period, central banks across the globe bought a total of 374.1 tons – the largest six-month net increase in global gold reserves for the whole 19-year history of quarterly records. The report states that the most active buyers were central banks in developing countries.
The growth of state gold reserves around the world hints at intensifying disagreements among countries. This can be a sign that countries want to abandon the traditional reserve currencies of the old global economic leaders. As a result, the growing demand for gold is threatening the positions of the US, UK, and the European Union.
However, there is a key difference between the 2008 crisis (which led to a sharp increase in the gold prices) and the current situation. The market now has a new alternative to fiat money: cryptocurrencies. In the next ten years, global market players will have three basic instruments at their disposal: fiat money (mostly the US dollar as the main reserve currency), gold, and crypto (first and foremost Bitcoin).
Out of the three, fiat money is considered ever less reliable. There is already a tremendous amount of paper money that is not backed by anything – and more is being printed every day. The alternatives are the tried-and-true gold, on the one hand, or the new cryptocurrency ecosystem, on the other. While gold is the money of the past, fiat currencies (USD) are the money of the present, and crypto is the future of money.
A good example of a breakthrough solution for the problem of money is the new GOLD stablecoin. It combines the features of traditional currencies, while also leveraging the power of cryptocurrency, thus bypassing the unreliable fiat systems entirely.
In order to understand why it's such a disruptive solution, we should compare it to the most popular fiat-backed stablecoin on the market – USDT. Tether receives fiat dollars, stores them in a bank as a reserve fund, and issues tokens whose number should theoretically equal the amount of US dollars present in the reserve.
As shown by the recent incident with Bitfinex, this is not exactly true – but that issue goes beyond the scope of this article. Here, we must only mention that the market cap of Tether exceeds $4 billion – even though Tether investors don't receive any reward for holding their tokens.
The situation is almost absurd: with the current sanctions and repeated personal data leaks, many individuals and companies find that it's safer to store their funds in a stable cryptocoin than in US dollars – the most secure fiat currency. Unlike Tether and other fiat-pegged stablecoins, GOLD is pegged to the price of gold at the rate of 1 GOLD = 1 gram of 99.99% gold. Just like Tether stores US dollars in its reserve accounts, Digital Gold (the issuer of GOLD) keeps its physical gold reserves in a specialized vault.
The vault belongs to BullionStar – a global leader in the precious metals market. The gold is audited round the clock by BullionStar itself, providing a much stronger guarantee of security than any bank account statement. As investors keep buying more GOLD stablecoins, the company will keep purchasing new batches of physical gold, depositing it in the vault, and issuing new tokens.
The total amount of gold held by individuals, central banks, stores, and private vaults across the globe is valued at $8 trillion. Some experts believe that Bitcoin is the only crypto that can reach the same market capitalization and become a digital alternative to gold.
However, Bitcoin, like all other cryptocurrencies, is highly volatile. Besides, transaction fees in the Bitcoin network are high, so it can't be used for micropayments. And as the BTC price keeps growing, increasing fees can become a problem for larger transfers, too.
In this context, GOLD tokens feature three serious advantages. First of all, they are not volatile. Of course, the token's price does change as the underlying price of gold changes. But for those investors who are used to buying physical gold or ETFs, these fluctuations won't constitute a problem.
Secondly, the fact that GOLD is an ERC-20 token means that it can be successfully used for any payments, including microtransactions. In the absence of excess volatility, the average fee will range from $0.01 to $0.02. Lastly, since physical gold will always grow relative to all fiat currencies, GOLD will keep growing relative to all fiat stablecoins. Of course, this is only valid over long periods of time, since in the short term, gold prices can both rise and fall. The key point is that gold has been growing in value over the course of millennia. Thus, long-term investors will find GOLD far more attractive than any fiat-based stablecoins. What's more, they might soon lose their interest in fiat-pegged crypto altogether.
Website : https://gold.storage/ Whitepaper: https://gold.storage/wp.pdf Follow us on social media: Twitter: https://twitter.com/gold_erc20 Telegram: https://t.me/digitalgoldcoin Steemit: https://steemit.com/@digitalgoldcoin Reddit: https://www.reddit.com/golderc20/ Bitcointalk: https://bitcointalk.org/index.php?topic=5161544
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Studium sinnvoll? Wenn ja, wie soll ich das finanzieren?

Hi!
Ich spiele seit längerem mit dem Gedanken noch ein Studium zu beginnen. Aktuell habe ich Informatik oder Wirtschaftsinformatik ins Auge gefasst.
Zu meiner Person:
Jetzt merke ich allerdings seit ca. 1 Jahr, dass die Luft auf der Arbeit irgendwie raus ist. Ich übernehme seitdem ich dort arbeite die selben Tätigkeiten, die mir anfangs auch noch Spaß gemacht haben, aber seit einiger Zeit keine wirkliche Herausforderung mehr bieten. Ich könnte eventuell in ein anderes Team mit neuen Aufgaben wechseln, aber mit dem Blick in die Zukunft wäre mir ein Studium am liebsten.
Mal angenommen ich würde Vollzeit studieren wollen, und nebenbei auf 450€ Basis irgendwo arbeiten dann geht meine Rechnung nicht wirklich auf. (Elternunabhängiges) Bafög bekomme ich nicht, da mein Vermögen die 7500€ übersteigt. Berufsbegleitend, oder ein Abendstudium schaffe ich zeitlich wohl nicht. Das wäre ein Doppelbelastung die ich wohl nicht in meinen Alltag integriert bekomme. Ich bin da ehrlich, dafür bin ich zu faul.
Ich suche eigentlich nur ein paar Anregungen wie ihr es eventuell machen würdet, bzw. gemacht habt. Mir ist bewusst, dass ich eigentlich in einer ganz guten finanziellen Lage stecke, nur habe ich nicht den Überblick welche Möglichkeiten es gibt um sich das Studium zu finanzieren.
Ich würde mich freuen, wenn ihr ein paar Tipps oder Vorschläge hättet. Achja, ein Umzug in eine WG wäre auch eine Option, allerdings würde ich in meiner Stadt nicht all zuviel Geld dadurch sparen. (WG Zimmer ab 300-350€)
Vielen Dank euch schonmal!
submitted by alwaysontime114 to Finanzen [link] [comments]

First million at 27!

Proof (If you believe that everything on the internet must be true. :P)
Hey guys!
I've been lurking here for about a year after realizing there is an actual community for folks with my mindset.
I unfortunately don't have too much of a rags to riches story. My journey started when I joined the workforce in 2013 with a net worth of about -55k from grad school debt. Aside from maxing out a Roth 401k and basic expenses, all my money went into paying down my student loans, which I accomplished early 2015 and at that point had a net worth of about 50k. Since then, the vast majority of my savings has gone into a diversified portfolio of index ETFs and mutual funds managed by robo-advisors (I still max out my 401k but now do 50% traditional and 50% roth to hedge the uncertainty in my future tax rate). Here's the kicker: between late 2015 and mid 2016, I invested $27k in Bitcoin and Ethereum. Those investments have grown from 10% of my net worth to about 55% even after I took ~$74k worth off the table a couple weeks ago to lock in a gain. Without that investment, my net worth would probably be closer to $450k today.
In terms of jobs, I have worked as either a software engineer or a data and analytics engineer here in Silicon Valley. I currently work at a startup where I am definitely earning below market in terms of cash comp so am hoping the equity works out (but really I joined out of a love for the product - it is one of the robo advisors I use - and out of realizing how much I could grow as an engineer in their organization).
I try to keep my expenses fairly minimal. I probably spend $50 a month eating out since my work now provides free lunch every day. I live at home with my parents but spend about $1200 a month paying them rent and covering all the groceries for the household. My "splurges" this year have been $600 for a Switch and 3 games + pro controller, $300 for a new phone (the phone itself was $650 but I had a special pool of $ to use on it from my previous job), and $290 for a 1TB SSD I got for myself on black friday to make more room for stuff on my 4yo custom built PC.
My FIRE amount is currently $3M but hoping to get to around $5M to feel really secure. Feel free to ask any questions in the comments. :)
submitted by htrajan to financialindependence [link] [comments]

Bitcoin ETF On The Horizon?  IG IS THE BITCOIN ETF *REALLY* POSTPONED? Bitcoin now trading on the US stock exchange via GBTC, the Bitcoin Investment Trust The winner of the shootout at the ETF 2015 in Denmark If we repeat 2015 the Bitcoin Bearmarket is over now!

The crypto market may finally see a Bitcoin ETF approval, although regulators need more time. “We think a Bitcoin ETF is a matter of when, not a matter of if,” Grayscale Investments managing director, Michael Sonnenshein, told Morgan Creek Digital co-founder Anthony Pompliano in a July 15 interview.. “The regulators have done a fantastic job of staying ahead of the curve on the digital It also opens up Bitcoin ETF investing to regular investors... How the First Bitcoin ETF Will Work. "I believe 2015 will mark a turning point in the brief history of this fast-growing virtual Apparently the folks behind one major bitcoin ETF effort have gotten tired of waiting for approval. ARK has used this exact method since 2015 to gain exposure to bitcoin via GBTC. Bitcoin Tracker One ETN, is now quoted in U.S. dollars under the ticker CXBTF, helping brokerages offer it to all American investors without the hustle of going to NASDAQ Stockholm and buying in Euros or Swedish Krona.. If you can’t wait for the Bitcoin ETF to be approved and want to take opportunity of the current low BTC price there is an option that just became available thanks to an Although U.S. investors playing the Global X Argentina ETF would be disappointed by the fund's slight loss in 2015.) It's hard to say what's actually caused Bitcoin's rise during the last three

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Bitcoin ETF On The Horizon? IG

#Bitcoin #BTC #Crypto. Category Science & Technology; Show more Show less. ... 😱This Guy predicted the Price of Bitcoin in 2015!😱 - Duration: 10:03. sunny decree 50,001 views. 10:03. Bitcoin made its first appearance in the stock market this past week as GBTC, the Bitcoin Trust, started trading. Volume peaked dramatically toward the end of its first week, and in the second ... Bitcoin ETF Pushed Back - BTC + Alts Go Up in Response - Duration: 44:52. ... The Bitcoin Gospel VPRO documentary (2015) - Duration: 48:53. vpro documentary 486,949 views. 48:53. Michael Hudson, founder and CEO of Bitstocks, believes the SEC will not approve the application for a bitcoin ETF. He says, though, even if it is not approved it is only a matter of time before ... Cameron and Tyler Winklevoss believe 2015 is the year of infrastructure for Bitcoin. That's why they have been hard at work on Gemini.com, a US-based bitcoin exchange, and COIN, their bitcoin ETF.