Brave and EOS…Going In Opposite Directions

Brave is a decentralized,
open source browser that puts the user first by making online privacy its first
priority.  Brave also claims to be twice
as fast as Chrome on desktop and eight times faster than Safari on mobile.

The man behind the Brave
browser is CEO, Brendan Eich.  Brendan
started his career at Netscape Communications Corporation in April 1995 with
the intent to put Scheme “in the browser.” In early 1998, Brendan co-founded the Mozilla
project. And his most recent initiative was creating the Basic Attention Token (BAT), a cryptocurrency
designed for use in the Brave browser when users view and share in the ad revenue.
In the ecosystem, advertisers will give publishers BATs based on the measured
attention of users. Users will also receive some BATs for participating. They
can donate them back to publishers or use them on the platform

If you don’t care for the
ads, the Brave browser has an inbuilt ad and tracker blocker. The blocker
inhibits trackers from learning more about a user for monetization purposes.
But Brave is trying to fix the internet by improving the ad model.  In the words of founders of Brave “It is a
market filled with middlemen and fraudsters, hurting users, publishers and
advertisers.”  And Brave’s mission of
fixing the internet ad model is gaining traction.

Brave Browser is experiencing robust user growth, gaining another 1.7 million active users over the last three weeks by carving out the privacy niche from Google Chrome.

Since its 1.0 launch mid-November, Brave announced that the open source browser had gained another 1.7 million monthly active users, growing by 19% across all devices. Compared to last year, the numbers are even stronger. The browser’s userbase saw a two-fold increase in monthly active users and tripled its daily active users to 3.3 million.

As of today, verified content creators on the platform increased to over 340,000. The majority of these creators publish to YouTube (229,00), followed by Twitter (37,000), business and personal website publishing (38,000), and Twitch (18,000), among others.

Source

A nice level to potentially go long on the BAT is at the daily demand at $0.14.

The EOS blockchain was developed with the aim of facilitating efficient and scalable decentralized applications (dapps). The blockchain includes an operating-system like set of services and functions that works similarly to the ethereum platform.

Despite EOS being the world’s seventh-largest blockchain by market cap, my first issues is who in the hell has a year long initial coin offering (ICO)…which raised $4.1 billion in crypto for Block.One. My initial thought was they better deliver due to all the hype.

EOS works on an ownership model whereby users own and are entitled to use resources proportional to their stake, rather than having to pay for every transaction. So, in essence, if you hold N tokens of EOS then you are entitled to N*k transactions. And herein lies the issue.

EOS network’s governance issues continue to haunt them as Weiss Ratings recently downgraded the network from B category to C-. Weiss Ratings also posted a Twitter thread explaining why they had to downgrade the project which was once hyped as “Ethereum Killer.”

Weiss Ratings in its tweet claimed that although the public sentiment was right behind the project in its hayday and the platform was known for being a fast, efficient and most important a decentralized ecosystem. However, in the past year, there has been a continuous decline in the decentralization aspect where major whales control the majority of the token flow which could be of a deep concern.

Weiss Ratings claimed that the top 100 EOS token holders who represented a meager 0.01% of the total token holders on the platform, has a whopping 68% of the voting power on the network. This means these whales can easily manipulate the network as per their will.

Source

And now EOS block producers and developers devoted to building decentralized apps (dapps) are making little or no money from contributing to the health of the ecosystem. EOS Tribe even wrote about his experience on Steemit. They cited it’s longer possible to earn funds for maintaining the blockchain without support from major EOS whales.

Thus the chart suggest EOS is headed to the monthly demand at $1.00.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

Warren Buffett’s Holy Grail Investment Strategy

The other day, I revealed why Warren Buffett is so success.  So, if you want to emulate Buffett’s successful, just buy companies that pay dividends and buy back their stock.  Did you know financials almost make up 50% of Berkshire Hathaway’s portfolio.  So if you really want to emulate Buffett’s success, just buy financial stocks.

Berkshire’s 8 biggest
positions in financial stocks going back to the third quarter were:

Bank of America Corp.
(BAC), $25 billion,

American Express Co.
(AXP), $19 billon,

Wells Fargo & Co.
(WFC), $18 billion,

U.S. Bancorp (USB), $6.7
billion,

JPMorgan Chase & Co.
(JPM), $6.2 billion,

Goldman Sachs Group Inc.
(GS), $3.6 billion,

Bank of New York Mellon
Corp. (BK), $3.4 billion,

Moody’s Corp. (MCO), $5.1
billion

The word “dividend” tends
to have this calm, soothing effect on investors because you know the company
offering dividend has a profitable and viable business model so in good times
and bad times, you can sleep better at night and dividends act like compound
interests if reinvested to grow ones portfolio exponentially.   For example, Wells Fargo and Bank of America
are set to bring in more than $1.5 billion in dividend income for Buffett over
the next year.  That $1.5 billion is almost
2% of his net worth.

Because I’m on this dividend
discovery journey, highest dividend yielding companies within Buffett’s
portfolio are the following:

Occidental Petroleum
Corporation (8.32% yield), together with its subsidiaries, engages in the
acquisition, exploration, and development of oil and gas properties in the
United States and internationally. The company operates through three segments:
Oil and Gas, Chemical, and Midstream and Marketing. 

The Kraft Heinz Company (5.16%
forward yield) manufactures and markets food and beverage products in the
United States, Canada, Europe, the Middle East, and Africa. Its products
include condiments and sauces, cheese and dairy, meals, meats, refreshment
beverages, coffee, and other grocery products, as well as infant and nutrition
products

General Motors Company (4.30%
forward yield) designs, builds, and sells cars, trucks, crossovers, and
automobile parts worldwide. The company operates through GM North America, GM
International, GM Cruise, and GM Financial. It markets its vehicles primarily
under the Buick, Cadillac, Chevrolet, GMC, Holden, Baojun, Jiefang, and Wuling
brand names

Suncor Energy Inc (4.07% forward
yield). operates as an integrated energy company. The company primarily focuses
on developing petroleum resource basins in Canada’s Athabasca oil sands;
explores, acquires, develops, produces, and markets crude oil and natural gas
in Canada and internationally; transports and refines crude oil; markets
petroleum and petrochemical products primarily in Canada.

Wells Fargo & Company
(3.83% forward yield), a diversified financial services company, provides
retail, commercial, and corporate banking services to individuals, businesses,
and institutions. It operates through three segments: Community Banking,
Wholesale Banking, and Wealth and Investment Management.

STORE Capital Corporation
(3.50% forward yield) is an internally managed net-lease real estate investment
trust, or REIT, that is the leader in the acquisition, investment and
management of Single Tenant Operational Real Estate

United Parcel Service,
Inc (3.34% forward yield) provides letter and package delivery, specialized
transportation, logistics, and financial services. It operates through three
segments: U.S. Domestic Package, International Package, and Supply Chain &
Freight.

Phillips 66 (3.20%
forward yield) operates as an energy manufacturing and logistics company. It
operates through four segments: Midstream, Chemicals, Refining, and Marketing
and Specialties (M&S).

Restaurant Brands International
Inc (3.05% forward yield). owns, operates, and franchises quick service
restaurants under the Tim Hortons (TH), Burger King (BK), and Popeyes (PLK)
brand names.

The PNC Financial
Services Group, Inc (3.02% forward yield). operates as a diversified financial
services company in the United States. The Retail Banking segment offers
deposit, lending, brokerage, insurance, and investment and cash management
services to consumer and small business customers through a network of branches.  The Corporate & Institutional Banking
segment provides secured and unsecured loans, letters of credit, equipment
leases, global trade services, as well as foreign exchange, derivative, etc.

The Coca-Cola Company (2.95%
forward yield)., a beverage company, manufactures and distributes various
nonalcoholic beverages worldwide. The company provides sparkling soft drinks;
water, enhanced water, and sports drinks; juice, dairy, and plant based
beverages; teas and coffees; and energy drinks.

Dividend stocks offer a number of advantages to investors, but I would say the number one reason is best said by Buffett himself.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

The Sunday Crypto Recap – Down the Rabbit Hole 58


Once again this has been a great week to be engaged with crypto. While the charts offered volatility, the space itself heaved with good ideas, competing narratives, and incremental developments. This week’s crypto Twitter segment alone is a treasure trove of expertise and insightful analysis. The charts will wait.

As per usual, each item is here because it is compelling/interesting or thought-provoking in some way. Inclusion is not an endorsement. Verify don’t trust (cough..HEX).


Picks of the Week

So much to choose from – this fine-grain analysis of recent changes to Libra’s governance structure and this much-needed exposure of influencer pushed leverage trading. In addition, this wide-ranging discussion of the proposition that is BTC.


Twitter

Much needed calling-to of crypto influencers for peddling leverage trading (highly recommended):
https://twitter.com/Brad_Laurie/status/1201393846443102209

Four likely long-term outcomes for BTC:
https://twitter.com/krugermacro/status/1195787745391566848

Interest in crypto passive income is on the rise:
https://twitter.com/krugermacro/status/1200614101094785025

Some crypto memories:
https://twitter.com/pierre_crypt0/status/1201260117494243328

Unpacking Libra’s recent changes to its Articles of Association (highly recommended):
https://twitter.com/Fatalmeh/status/1200733070766116864

Ethereum meaningfully decentralized?
https://twitter.com/AnselLindner/status/1201719094434828289

Fifteen of the best crypto podcasts (aside from my own of course):
https://twitter.com/JasonYanowitz/status/1199126396062359553

Comparing China-based exchanges such as Huobi and OKEX with Binance (highly recommended):
https://twitter.com/SpartanBlack_1/status/1201823827468025858

A ‘best of’ 2019 crypto podcasts (again sadly missing my own :))
https://twitter.com/AndyPickeringNZ/status/1201969412737097728

A little context re North Korea / doing business there:
https://twitter.com/laurashin/status/1201331530523648001


Articles

A sound rebuttal of the tired ‘Bitcoin is for criminals’ narrative.
https://www.unchained-capital.com/blog/bitcoin-is-not-for-criminals/

A wee bit of inspiration for fellow Bitcoiners (recommended):
https://offthechain.substack.com/p/bitcoins-missionaries-vs-wall-streets

Let’s face it – most crypto predictions are downright nonsense:
https://hackernoon.com/why-crypto-predictions-are-irrational-fy4ct46a8

The Ethereum network is showing strong growth across a range of metrics (recommended):
https://www.newsbtc.com/2019/12/03/ethereum-network-activity-defi-still-growing-when-will-eth-prices-follow/

Segwit explained:
https://www.binance.vision/blockchain/a-beginners-guide-to-segretated-witness-segwit

Energi uncovers massive ‘fake-account’ network while auditing their air-drop (recommended):
https://medium.com/energi/organized-fake-social-media-group-with-over-a-million-sockpuppets-identified-642186d075ef

A proposal for improving EOS REX:
https://medium.com/eos-argentina/notes-on-rex-7f764f42f78

Protocols and product (highly recommended):
https://medium.com/swlh/do-protocols-need-product-management-6c597d65faad


Podcast

Two industry insider’s perspectives on China’s moves to promote blockchain (highly recommended):

https://podcasts.apple.com/au/podcast/why-china-aims-to-replace-cash-with-the-digital-yuan-ep-146/id1123922160?i=1000457234635


YouTube

Leverage trading is promoted with the expectation that you will get wrecked (highly recommended):


Bitcoin empowers you (highly recommended):


Not exactly secrets but useful information nonetheless:


Let’s talk Bitcoin (highly recommended for an overview of what’s in play with BTC):​


Colin continues to shine a much-needed spotlight on EOS (recommended):


A brief discussion of how governments fudge inflation figures (recommended):


Is HEX a scam – yes, it is (Highly recommended):


Infographics

BTC cycles seem to be extending:

https://twitter.com/IamCryptoWolf/status/1199703369880915969/photo/1


It’s been a good year for assets:

https://twitter.com/CNBC/status/1201585160031997952/photo/1


If you didn’t learn anything….As always, looking forward to your comments and suggestions.


Note on Sources:

Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.



Unusual Option Activity In Nuance Communications

Nuance Communications, Inc. provides conversational artificial intelligence (AI) innovations that bring intelligence to everyday work and life. The company delivers solutions that understand, analyze, and respond to people – amplifying human intelligence to increase productivity and security. It offers customers high accuracy in automated speech recognition, natural language understanding capabilities, dialog and information management, biometric speaker authentication, text-to-speech, and domain knowledge along with professional services and implementation support.

Nuance Communications, Inc. has this AI tool called Lightning Engine™ that combines voice biometrics and natural language understanding (NLU) that allows consumers to set up a unique voice profile as part of an organization’s account enrollment. When they contact that organization on a voice channel, all they need to do is speak naturally and their identity is confirmed almost immediately.  Many months ago my bank asked me with I wanted to set this up, so instead of remembering a password or a pin, the next time I’m on the phone, all I have to do is speak to confirm my identification.

This isn’t really value added to the bank, well I guess it is in a way.  For example, if people forget their password or pin, well it will take time to reset it, taking away time from other things the bank personnel has to do. 

Here’s a concrete valued added example Nuance Communication products offer. 

Police officers face unique reporting challenges. For instance, they can spend an hour or more typing up a single incident report. For police sergeants, paperwork can consume up to 45 percent of the workday. Heavy documentation demands can impact the timely filing of reports, limit community visibility, and even put their safety at risk. There is a better way.

Ensure timely filing of incident reports. Eliminate the need to decipher handwritten notes or try to recall details from hours before. Officers simply speak to create detailed and accurate incident reports, 3 times faster than typing and with up to 99% recognition accuracy – all by voice.

Source

Several weeks ago, Nuance Communication Inc. reported their fourth quarter earnings which beat expectations.  The company reported net income of $108.1 million, or 37 cents a share, compared with a loss of $35.1 million, or 13 cents a share, in the year-ago period.  In addition, revenue rose to $487.8 million compared with $479.4 million in the year-ago quarter.

The company’s stock is up more than 20% for the 3rd quarter and more than 50% for the year.   However, the Smart Money thinks there is more room for the stock to run. As they bought call options that expire in January,

and longer term call options in April.

If the Smart Money is going to be right, price must first get through the weekly supply at $18.50.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

FUN technical analysis

FUN seen from the temporality of 1W we can observe how the structure of candles has formed us so far two HL on the diagonal support indicated within the chart by the horizontal dark blue, the closing of the previous candle has formed an accumulation doji as a bullish signal, if the closing of the current candle ends up being bullish we would have our third HL confirmation of a next move towards our first target gain located within the price range of 0.00000074 – 0.00000083, indicated inside the chart above by the two horizontal black color, our second target is located higher at 0.00000127, the major trend is bearish, the minor figure is forming an inverted triangle that could conclude in our first target, we would confirm this by seeing the price reaction in that area.

FUN seen from the temporality of 1D we can observe more closely the current movement of candles where we see how the price has formed the double floor on the zone of weekly demand located at 0.00000038, indicated within the graph above by the horizontal green color, the current candle is being rejected by the zone of daily supply located at 0.00000051, we need to get the closing above that level if we want to see a next movement towards our target profit.

In conclusion, FUN maintains an excellent movement on the diagonal support where we have been forming two HL and we could have the third with the bullish closing of the weekly candle that has yet to be confirmed, however, the probabilities of a move towards our first profit target are high, this profit target is located within the price range of 0.00000074 – 0.00000083, it is very important that the price keeps the support diagonally, otherwise, the price could fall and form a new LL, therefore, I recommend to follow very closely the action of the price in 1D and always remember to place your stop loss to avoid possible invalidations during the movement.

As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.

You can follow me on Twitter: https://twitter.com/armijogarcia

Two Minute Crypto – Deciphering China’s Blockchain Play – Part 4 of 5

Please click the link below to listen to the 65th 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.



External Podcast Links

https://podcasts.apple.com/au/podcast/two-minute-crypto-deciphering-chinas-blockchain-play/id1441492450?i=1000458599399

or

https://www.podbean.com/eu/pb-32m4r-c9f816


Transcript

Deciphering
China’s Blockchain Play – An Inflection Point?

Welcome to Two Minute Crypto. This week focuses on the
wider implications for blockchain arising from China’s declared ‘embrace’ of
the technology. 

To date, this series has repeatedly highlighted the
control-centric purpose of adopting blockchain in a Chinese context. Blockchain,
as it will be implemented by the Chinese Communist ruling Party, will serve to
extend the state’s reach ever further into the daily lives of its citizens.

To summarize – the Beijing blockchain model will be
centralized whether presented that way or not. Projects will be state-subservient
and their apparent efficiency benefits will simply be an added bonus regardless
of the propaganda which promotes their adoption.

Clearly, the chains that receive state-endorsement will see massive initial inflows of investment and user-base. In the short-term, this will present a direct challenge to their comparatively decentralized peers. Beijing blockchain may demonstrate blockbuster numbers in terms of users, market penetration and network value. In comparison, free-market projects may seem peripheral and indeed, irrelevant. A Telegram community channel boasting 20 thousand users will seem paltry when superficially compared with a state compelled user base running into the hundreds of millions.

In the short-term, there will be a temptation to jettison
this whole decentralized thing – bend the knee and make merry in the Chinese market.
Let’s not forget other authoritarian states will be following on behind Beijing
– so state-sanctioned centralized blockchains will be in a period of rapid
expansion. It’s also worth highlighting that most self-declared chains are
decentralized in name only. They are dominated by their founders, a core
development team, uneven coin distribution and so on. A shift from decentralized
to centralized would in most cases be very easily achieved – if the price was
right. To date, the cryptosphere has been replete with short-sighted cash grabs.
Any opportunity to cash-in has been taken this ‘opportunity’ will be no
different.

Of course, there’s Yin to this Yang. Any blockchain system
rolled out by the ruling party will clearly operate under direct supervision
and control. Independent ‘decentralized’ chains will have a readymade ‘dark’
version of themselves to compare and contrast to.

Immutability, censorship resistance, and permissionless
access may shine in this environment. Blockchain implemented as a tool of state
repression will likely see a flood of interest into the ‘other’ version’ as over
time the realization will dawn that’s it’s one version or the other. Blockchain
as big brother or as a vehicle of greater autonomy.

At the moment, it’s all what if’s and potential but that
era is coming to an end. Soon, a billion people will live under a darker vision
of blockchain. This will clearly offer an opportunity to decentralized projects.
In the medium to long-term decentralized iterations of blockchain may organically
overtake their lesser brethren. Where choice is possible – individuals will
likely veer towards tech that empowers.

In the interim, a ghetto system seems very likely.
Nations like China locked behind centralized networks while other states opt
for or are over-taken by permissionless chains. Over the next few years, real
investment opportunities may lie with projects that bridge the gap between the
two. Allowing access to or communication between chains with vastly differing governance
models

The centralized/decentralized blockchain development arc
will take decades to play out of course. Progress will be uneven and individual
jurisdictions will take different roads at different times. Whether one
iteration of blockchain comes to dominate the other remains to be seen. What is
absolutely clear, however, is that a struggle for the ‘purpose’ of blockchain
is about to start in earnest.

Thanks for listening.


Series Links



Two Gems Within The Data Center REIT Sector

Software as a service (SaaS) aka THE CLOUD is a business model in which software, centrally hosted, is licensed on a subscription basis and is centrally hosted.  One force driving these companies’ growth is soaring demand for data centers to support cloud computing.

And it doesn’t matter what size company you have:

*Start-ups – an idea / viable business model can get up and running quickly with minimal capital and operating cost.

*Small to medium-sized businesses – can take advantage of the scalability in storage and networking capabilities on demand as their business grows.

*Larger business – can help increase operational efficiency, productivity and agility.

REITs are companies that own or finance some type of real estate property. During economic troubled times, Smart Money rotates into REITs because they act like bonds, meaning the stock dividends are equivalent to coupon rates, the yield paid by a fixed-income security.

The data center REIT sector is relatively new compared to other REITs. Salesforce was an early pioneer of moving their CRM services to the cloud in the early 2000s. The company’s founder, Benioff’s vision was that software should be delivered 24/7 to people over the cloud.  Most data center REITs were founded around 2000 and make up a small percentage of REITs overall.

As data becomes an integral part of everything we do, data center real estate investment trusts (REITs) have become more important. 

The data center REIT sector is relatively new compared to other REITs. Most data center REITs were founded around 2000.  This was the around the same time Salesforce migrated its services to the cloud in the early 2000s. The company’s founder, Benioff’s vision was that software should be delivered 24/7 to people over the cloud.  Now Salesforce shares the cloud pie with Apple, Amazon, Facebook, Google, and Microsoft who have huge appetites for access to data centers.  These companies are building their own data centers, but because of the demand, are turning to data center REITs to fill that void.  But it’s also financial services, insurance and retail companies that are shifting from owning and operating their own data centers to third-party data center operators.

The relentless growth of wireless data, public cloud, digital content, social media, and ecommerce continues to fuel the need for more data center space.  The beauty of data center REITs is that their growth isn’t dependent on consumer spending, population growth or unemployment like traditional REITs.  And might I add, the Trade War between the US and China has not barring on data REITs growth.  

Two companies that I want to give some shine to are QTS Realty Trust and CyrusOne.

Image result for QTS Realty Trust, Inc. logo

QTS Realty Trust, Inc. (NYSE: QTS) is a leading provider of data center solutions across a diverse footprint spanning more than 6 million square feet of owned mega scale data center space throughout primarily North America and Europe. Through its software-defined technology platform, QTS is able to deliver secure, compliant infrastructure solutions, robust connectivity and premium customer service to leading hyperscale technology companies, enterprises, and government entities. QTS owns, operates or manages 26 data centers and supports more than 1,100 customers primarily in North America and Europe.

The chart suggests it’s not a buy yet, as price is just below the monthly supply at $55.

Image result for CyrusOne logo

CyrusOne (NASDAQ: CONE) is a high-growth real estate investment trust (REIT) specializing in highly reliable enterprise-class, carrier-neutral data center properties. It’s America’s third largest data-center provider and its solutions allow customers take advantage of cloud platforms such as Amazon Web Services and Microsoft Azure.

The Company provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure for approximately 1,000 customers, including more than 200 Fortune 1000 companies. 

In 2018, CyrusOne have the most data center properties under construction in the U.S., at six and had the most preconstruction data center development properties at 24.

The chart suggests to go long at the monthly demand at $56.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.