Hey Guys today the sports topics relating to the transfer market is really interesting. PSG sent in a bid for the Croatian striker Mandzukic but the player turned the offer down and said he will be with Juventus till the next window opens before he will make his move to any club or not. The PSG team really needs supporting player who will be there incase of any crisis but as at now they are in such a crisis where Mbape is on injury so they have to find a striker to replace him. So they went in for Mandzukic and Mandzukic turned down their offer. So right now I dont actually know the kind of player they will go in for. And if they dont get things in place for now their winning will be difficult for them because when it comes to the attacking players it will be left with Di Maria and Cavani. Neymar is also is a process of making it back to Barcelona. That will be the end of the morning news on sports.
Hello everyone Good morning, How are we all doing? Hope we are all doing great. The move of Neymar has still not been a success. There was a deal which was about to take on which will be Osumane Dembele for Neymar but the manager of Osumane Dembele is not interested in this deal and is not happy to move his client to PSG. He said he will want his client to spend his third season at Barcelona not PSG. So as at now there has not been any strong deal for Neymar to move back to Barcelona. Neymar has been out from PSG team sheet list for the past three games. And we dont even know if they are going to add his name to the next list for their next match. Because Neymar really want to move to Barcelona but the deal that Barcelona is submitting is not in the interest of the PSG team so they are not accepting those deals. But yet still they are hoping to bring Neymar Back to Barcelona. There was a news that Dembele agreed on the Deal but now that the Manager of Dembele has come out to speak about the Matter then there is not health in this move or swap for Neymar so Barcelona might search for another player to swap in for Neymar else they have to spend that amount of money to buy the player. The close of the Transfer season is also due/near so they have to make everything fast a possible as they can so that they can get the deal as early as they can. Thank you for your time have a great day and enjoy your day.
Hello everyone Good morning, How are we all doing? Hope we are all doing great. The move of Neymar has still not been a success. There was a deal which was about to take on which will be Osumane Dembele for Neymar but the manager of Osumane Dembele is not interested in this deal and is not happy to move his client to PSG. He said he will want his client to spend his third season at Barcelona not PSG. So as at now there has not been any strong deal for Neymar to move back to Barcelona. Neymar has been out from PSG team sheet list for the past three games. And we dont even know if they are going to add his name to the next list for their next match. Because Neymar really want to move to Barcelona but the deal that Barcelona is submitting is not in the interest of the PSG team so they are not accepting those deals. But yet still they are hoping to bring Neymar Back to Barcelona. There was a news that Dembele agreed on the Deal but now that the Manager of Dembele has come out to speak about the Matter then there is not health in this move or swap for Neymar so Barcelona might search for another player to swap in for Neymar else they have to spend that amount of money to buy the player. The close of the Transfer season is also due/near so they have to make everything fast a possible as they can so that they can get the deal as early as they can. Thank you for your time have a great day and enjoy your day.
Please click the link below to listen to the 51st episode of my weekly crypto podcast ‘Two Minute Crypto.’ These are intended to be short, single-topic ramblings on some aspect of the cryptosphere. Consider dropping a like and or a review on iTunes or Podbean if you enjoy the podcast. Comments and critiques welcome.
Welcome to Two Minute Crypto. This week we explore Austrian economics – a core pillar underlying the economic worldview of most Bitcoin advocates. As a crypto enthusiast, you’ve likely noticed that Austrian economics is frequently referenced, in particular, by Bitcoin maximalists. So, what exactly are they referring to? What follows is an extremely simplified overview of the Austrian school of economic thought. It is also not an unequivocal endorsement as my personal view lies somewhere between the Keynesian-Austrian models.
The main beliefs of the Austrian School of economics can be summarized into five areas:
Laissez-faire economics – a strong belief in the primacy of free markets viewing government regulations and interventions in markets as an inefficient negative. This extends to a belief that all government programs such as infrastructure spending, social welfare, and public healthcare are inherently wasteful.
A rejection of the Keynesian model of fiscal policy which involves the creation of fiat by governments in order to support spending programs and stimulate the economy.
A related rejection of the role and actions of central banks in both the printing of fiat money and the setting of interest rates in order to balance, promote or reduce inflation. In addition, Austrian economists are sharply critical of the fractional reserve banking system which utilizes debt to promote economic growth.
Support of a return to a gold standard or in the case of crypto adherents, the adoption of Bitcoin as a new standard and or global currency. Key to this is the removal of the ability of the state to ‘create’ money. Sound sovereign money may be said to be the heart of the belief system most Bitcoin maximalists espouse.
A belief that market recessions are in large part caused by central bank interest rate manipulation – inverting the relationship commonly stated by central banks where it is the looming recession itself that causes the change of rates.
Bitcoin advocates would argue that BTC is deflationary in nature. Its supply is limited, its issue known and dependable and critically, its supply lies outside the control of any state or body. Austrian economics and Bitcoin maximalism are natural co-concepts. It is extremely difficult to be both a Bitcoin supporter and a proponent of Keynesian economics.
As to other cryptocurrencies, it is far more debatable whether they offer a viable alternative to fiat currencies. If they are centrally controlled, then the possibility of supply being open to manipulation is orders of magnitude higher than BTC.
If you are interested in learning more about the Austrian school of economics as it relates to crypto, I highly recommend you read The Bitcoin Standard by Saifedean Ammous.
In Serbia, Liberland is bringing investment and high-tech business. We can help do so in other countries in the region once they open their minds to new possibilities.
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.
Workin
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According to a new
survey by Autolist, the top reasons for not buying an EV were range, price, and charging, with c. 40%
of respondents concerned about these issues.
The author makes the argument that these concerns are outdated, as EV
prices are already below US$30k (after fuel cost advantage), provide a range of
~250miles, and the are thousands of charging points every where in the US.
One of the positive insights from the survey is that
the majority of consumers (55%) now said
they would use an EV as their primary vehicle rather than as a secondary
vehicle (which was previously the top answer).
Analysis and Comments
This article fits in well with the investor’s view as to the process by which EV uptake will occur
The short version is that, as the article highlights, the key issue around EV adoption will be familiarity. For most consumers, current EVs are perfectly suitable for day to day use. Most of us just don’t drive far enough to need to recharge more than once a day (as with the person in this story). So the key is getting people to try one.
This does not understate the charging infrastructure challenge; yes, there is a lot more that needs to be done to roll out charging stations, especially fast chargers. But this is a solvable problem.
As with similar innovations, the adoption curvestarts slowly and then rapidly accelerates – we expect to hit this inflection sometime in the mid 2020s. Tailwinds to this include tougher emission standards & city centre driving restrictions & potential headwinds include cutting of subsidies and a lack of affordable model choice.
The article also makes an important point:
Auto makers don’t need to keep making the range further & further, if the cost is more expensive batteries & hence a very expensive EV. The alternative is cheaper shorter range EVs, possibly with a lease package that includes the occasional use of a petrol car for longer trips
…drank a couple of beers during lunchtime, just to avoid a drastic change on my psychological integrity ;-)…
By the way, I have to say and certify that Bitvavo works excellently.
The process of signing, verifying, transfering FIAT and buying STEEM have been done very fast and without problem.
Also, as I wrote in the title, I have spent 50 Euros, transferred directly from my Bank Account via SEPA, buying 301 STEEM this morning…
The fee has been minuscule (0.13 Euro) in my opinion, 0.25% which is peanuts!
If you are an EU resident and you want to buy or sell STEEM without having to buy first BTC or ETH or even use the Blocktrades conversions, you should try BITVAVO .
These 300 STEEM are planned to be powered up in my account but, since I expect to have some nice movements in the price of STEEM these days due to the HF21, which is coming tomorrow, for the moment, I am going to keep them at BITVAVO, just in case I can take some advantage :-)…
From https://old.trybe.one/archives/btc-beginning-of-the-week-analysis/
But the price movements of the last few days are indicating that a channel (or possible flag) may not be the correct way to view BTC at the moment.
Instead, BTC now looks to be limited by the rising base of a converging triangle, as opposed to the descending base of a channel:
Made by Bit Brain with TradingView
Scenarios:
The triangle itself is neither inherently bullish nor bearish, so in isolation it tells us nothing about the direction of future price movements. What it does do is give us a time: soon. Price is already in the breakout zone of the triangle, and should breakout any time between now and mid-September.
Previously I was of the opinion that the channel was probably part of a larger bull flag pattern.
From https://mentormarket.io/cryptocurrencies/bit-brain/bitcoin-possible-next-moves/
But now it looks more likely to be a bull pennant:
Made by Bit Brain with TradingView
But now it looks more likely to be a bull pennant:
Since these two patterns predict the same bullish outcome, this doesn’t fundamentally change my medium-term outlook. This may make a difference to those trading the pattern, but as my blogging is generally geared towards investors, I consider that to be beyond the scope of this post. If you are a trader, then take a look at the posts or videos of an analyst such as Working2005 who regularly discusses crypto trading.
For my part I am not ready to see this “2019 bull run” continue yet. As I discussed in my recent “Crypto Market Cycles” series, I am still expecting a drop before we have another rise. This is somewhat contrary to what a bull pennant may indicate, but I have my reasons for saying so.
Volume is declining slowly but steadily, which puts BTC at risk of a sudden drop. Such a drop would tie in nicely with the information I discussed in “Crypto Market Cycles”, where I showed BTC to be trading at a higher price than what we would expect for a low-hype market:
From https://mentormarket.io/cryptocurrencies/bit-brain/crypto-market-cycles-part-2/
I addition to this, I still believe that the current price movement (of the last couple of months) strongly resembles those of 2017:
From https://mentormarket.io/cryptocurrencies/bit-brain/bitcoin-possible-next-moves/
…meaning that a strong and sudden dip could well occur soon. I am expecting such a dip. It is only after such a dip that I expect prices to climb again – as predicted by a bull pennant. This won’t necessarily be a “bull run” per se – just the following of the general BTC base trendline further upwards.
The bull run has yet to come…
Yours in crypto Bit Brain
“The secret to success: find out where people are going and get there first” ~ Mark Twain
“Crypto does not require institutional investment to succeed; institutions require crypto investments to remain successful” ~ Bit Brain
