In Elliott Wave terms, FuzeX began a wave one advance on June 18. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 25, and the red wave two (blue sub-waves a-b-c) correction ended on July 31. If this wave count is correct, FuzeX should be heading next towards the June 25 peak in the red wave three.
Some of you already know that I am Mechanical Engineer working for one of the most ambitious energy projects in the world today.
This project is called ITER and till today I have dedicated to it more than 8 years of my life.
ITER is an Enormous Experimental Fusion Reactor which is being built in Cadarache, south of France, by an International Team.
To make it short, I would tell you that what we want to do is to reproduce a burning “Sun” (yes, yes, our star) in the earth…and that is only possible by reaching hundreds of thousands of grades of temperature and under a high vacuum conditions…
I am the Interface Project Manager of the Superconducting Magnets Project Team. Magnets are the core of the Fusion Reactor and the most important part of the machine since it will allow us to confine the hot plasma using Powerful Magnetic Fields.
Nowadays, we are ending our first Toroidal Coil (Magnet)… a massive piece 18 meters high, 9 meters wide and 4 meters thick and, more or less 300 Tons of weight…
This last phase of the Magnet Fabrication is being carrying out close to Venice but the components and subassemblies have come from Russia, Japan, Europe, Korea, China, USA etc… so, that’s why I am always travelling to Italy lately but before I was going as well to the other countries… following the production.
The main milestone of the project is called “The First Plasma” and, in theory, it will be the moment on which the machine will be ready, again, in theory, to produce plasma… The target date points towards 2025… I have my doubts about but we are working as slaves in order to finish our part before that date…
Today, at the factory, part of the team and myself have been playing with an scaled model of the TF Coil mounted on its Vacuum Sector…one colleague put his lighter just in the center of the assembly …just emulating the “plasma” that one day will be…
This is a very long project, believe me… but, despite the political problems and technical challenges… we will make it…
On the 22nd July, in the last days of the May government in theUK, a green discussion paper was released on preventative healthcare. The report highlights the long term risk to health budgets if the emerging (& in some cases already emerged) life style risk factors (smoking, obesity, diabetes etc.) are not addressed
The report flags some of the recent successes, including the reduction in smoking (its now down to fewer than 1 in 6 of the adult population)
But, it also highlights some of the risk factors we are yet to find solutions to – of which the biggest is obesity (especially in children)
The report goes on to discuss the increasingly important role that technology will play in helping to solve these problems, obviously not on their own but as part of a wider shift in healthcare priorities
The article also highlights that only 5% of UK NHS spending (which is the bulk of the governments healthcare budget) goes on preventative medicine.
Analysis and Comments
This report and the related article picks up two very important issues in healthcare – that we think will have material impacts for investors.
Much of what we see in the industry around innovation is about better ways of doing the same thing (better heart valves, improved drugs etc). This is in of itself a good thing, but its not enough if innovation is really to make a difference to long term health outcomes
This article also picks up on the second important issue, institutional change. Across Europe much of our healthcare industry is driven by government spending & priorities. In such an environment, switching to preventative healthcare is tough as it does not really contribute to achieving short (or in some cases even medium) term goals.
The article picks out a number of areas where current technology, properly applied, could make a difference to longer term health outcomes. Inaddition, just yesterday, there were reports out can Google predict kidney disease, that suggest AI could be used to help identify those hospital patients that are at a high risk of developing kidney related complications. The current trial at the Royal London Free Hospital, seems to have gone well kidney app a life saver.
These technological advancements to really gain traction need a shift in emphasis among politicians, who set government healthcare priorities. When that happens we could see an explosion in opportunity for European healthcare companies.
Payments company Square reported its second-quarter earnings Thursday, revealing $125 million in bitcoin sales through its Cash App, nearly doubling a record first quarter.
“During the quarter, bitcoin revenue benefited from increased volume as a result of the increase in the price of bitcoin, and generated $2 million of gross profit,” the earnings report explains.
Founded by Twitter co-founder Jack Dorsey, Square reported that bitcoin represented very nearly half of the total revenue on its Cash App, at $260 million, for the second quarter of 2019. Bitcoin costs, however, are listed at $122.9 million in the unaudited quarterly report, yielding the aforementioned $2 million in profit.
A new patent filing suggests that United States retail giant Walmart may be developing its own U.S. dollar-backed digital currency similar to Facebook’s Libra cryptocurrency.
Walmart filed patent for “Digital Currency via Blockchain”
Patent filing number 20190236564, “System and Method for Digital Currency via Blockchain,” was published by the U.S. Patent and Trademark Office (USPTO) on Aug. 1. The document outlines a method for:
“Generating one digital currency unit by tying the one digital currency unit to a regular currency; storing information of the one digital currency unit into a block of a blockchain; buying or paying the one digital currency unit.”
Eric Conner, founder of information site ETHHub and product researcher at blockchain startup Gnosis, said:
“I think in four years, Ethereum will be moving past the hardest parts of its ambitious goals around proof-of-stake and scaling. At that point, the network will be able to onboard more users and we’ll start to grow beyond the use cases we are seeing today.”
LedgerX admitted Thursday it has not launched bitcoin futures, as the firm had previously claimed, after the U.S. Commodity Futures Trading Commission (CFTC) said it had not approved the exchange to do so.
The company previously told CoinDesk it was planning to launch the product on Wednesday. LedgerX would have been the first venue in the U.S. to offer physically-settled bitcoin futures, which are contracts that pay out in the underlying cryptocurrency rather than in cash.
“Not only are they delivered physically in the sense that our customers can get bitcoin after the futures expires, but also they can deposit bitcoin to trade in the first place,” LedgerX CEO Paul Chou told CoinDesk on Monday.ring connections to external services like the crypto exchange ZigZag, the blog Yalls and games like Lightning Roulette, facilitates nearly 10,000 referrals a month. So far, BlueWallet users have completed more than 100,000 lightning transactions.
The New York Office of the Attorney General (NYAG) has submitted a letter to Justice Joel M. Cohen, arguing that cryptocurrency exchange Bitfinex and affiliated Stablecoin firm Tether should not be granted a continuing stay of demands. The NYAG submitted its letter on Aug. 1 — the latest chapter in the New York Attorney General’s ongoing case against Bitfinex, parent company iFinex and Tether, in which the state alleges a multimillion loss coverup took place.
The motivation for NYAG’s letter
The court initially issued a stay of document demands in May at the defendants’ request. This means that the court currently only requires the defendants to produce documents and information pertinent to the issue of whether or not New York is the appropriate jurisdiction for the NYAG’s complaint, as opposed to a wholesale disclosure of complaint-pertinent documentation.
Bitfinex’s lawyers recently wrote that it had spent over $500,000 responding to NYAG’s document requests, adding that they would appeal for a continued stay of demands even if a dismissal motion does not go through.
“Scarcity is about to kick in,” the crypto trading account known as Rhythm on Twitter commented on the event.
The current Bitcoin supply means only a maximum of 17,850,000 people can own an entire coin. In reality, however, some of the existing mined supply is not in circulation and never will be, as users lose access to private keys.
Bitcoin (BTC) price climbed back over $10,000 to nearly $10,500 on the morning of August 2 as the market has shown a surprising bounce defying earlier calls by some traders for more downside.
“August could turn out to be a good month”
Trader and market analyst Josh Rager said that BTC/USD moving back above $10,000 is finally showing some nice follow through.
“A close above previous 4hr resistance is a nice sign,” he continued. “The good news about the death cross is that it leads to a golden cross as the 50MA is already starting to turn up.”
Rager concludes that:
“August could turn out to be a good month for price, IMO”
“Join us in Geneva on August 2nd for a “Workshop on #DLT Scalability and Interoperability” hosted by the @ITU FG on DLT #Standardization.”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yersterday :
Here is the current chart :
The STEEM is still stitting exactly on the support line. I think we should have a decision from the market quiet soon. Let’s hope it will be a good news. The current pattern could indicate that the market is not able to go lower anymore and if this is the case, a sudden UP should appear suddenly. However, this kind of support line can finish also to be broken so we must stay all very carefull.
In Elliott Wave terms, BHPCoin began a wave one advance on March 2. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 27, and the red wave two (blue sub-waves a-b-c) correction ended on July 24. If this wave count is correct, BHPCoin should be heading next towards the June 27 peak in the red wave three.
BHP（Blockchain of Hash Power）is a public chain which is a decentralized digital asset interaction network based on bitcoin hash power credit. You can read their latest bi-weekly update below.
@actifit is doing it again! They have launched another new functionality, from now on you can exchange your AFIT tokens for STEEM at the STEEM-ENGINE market.
In order to allow all users and investors the use of this new functionality, you need to have AFITX tokens in your wallet which are going to be airdropped in the coming hours, with a maximum of 10 AFITX per account (equivalent to 100 STEEM at the current price).
In short, For every 1 AFITX owned, you can move daily up to 100 AFIT.
That means, AFIT current price is 0.05 STEEM/AFIT , so, at the current price it is 5 STEEM a day just with 1 AFITX!
But, wait, AFITX seems to be even more important than the rewarding AFIT token… The more AFITX token you have in your wallet the higher your user rank and so the higher you will be rewarded in AFIT, STEEM, ZZAN, SPORTS, PAL.
Also have a look on the Token description:
“AFITX is a new special benefits token for Actifit users & AFIT token holders. Holding this token enables users to: – Daily Move AFIT tokens to S-E – Increases user rank – Increases post rewards via our different rewarded tokens – Receive priority when exchanging AFIT for STEEM upvotes – Participate in contests – AFITX will constitute the basis for our future Exchange framework“
So here I am now buying some AFITX while exchanging already some of my AFIT for STEEM…
Actually, it is working somehow as an AFIT POWER-DOWN in automatic, so, seems that you have to select the amount you want to send daily to the Steem-engine exchange so, be sure to choose a sustainable amount because it can affect your User Rank.
For me this is a Clear WIN-WIN again!!!!
Congratulations and thanks to @mcfarhat and @actifit team for the excellent work.
A rule embedded within litecoin’s (LTC) code is set to soon reduce rewards for the miners who today ensure transaction processing on the world’s fourth-largest blockchain by total value.
In approximately five days, litecoin will undergo a scheduled reward halving – a process aimed at preserving cryptocurrency’s purchasing power. The mining reward is currently set at 25 litecoins ($2,500) per block and will drop to 12.5 litecoins ($1,200) per block on Aug. 5.
With that transition, the protocol will be adding significantly fewer litecoins to the market after Aug. 5.
Yesterday, ethereum celebrated its fourth birthday.
Four years ago, on July 30, 2015, the world’s first general-purpose blockchain platform went live. Called ethereum, the platform was the first of its kind to feature a Turing-complete virtual machine and native programming language able to deploy code of any algorithmic complexity.
“Before ethereum, developers had to design and write extremely complex software,” blockchain researcher Mihailo Bjelic told CoinDesk. “Ethereum introduced a generic programmable layer which abstracted this whole process and enabled developers to build decentralized applications by only writing their applications’ core logic.”
There are roughly 800 monthly active developers building on the ethereum blockchain, according to new data from investment firm Electric Capital.
Eric Conner, founder of information site ETHHub and product researcher at blockchain startup Gnosis, said:
“I think in four years, Ethereum will be moving past the hardest parts of its ambitious goals around proof-of-stake and scaling. At that point, the network will be able to onboard more users and we’ll start to grow beyond the use cases we are seeing today.”
Lightning-centric bitcoin wallets are gaining traction in 2019 and making small transactions affordable by reducing network fees.
The bootstrapped Spanish startup Bluewallet garnered 35,000 downloads so far this year, according to co-founder Nuno Coelho, a significant jump from the 5,000 users it had in 2018.
Coelho told CoinDesk the wallet’s built-in lightning marketplace, offering connections to external services like the crypto exchange ZigZag, the blog Yalls and games like Lightning Roulette, facilitates nearly 10,000 referrals a month. So far, BlueWallet users have completed more than 100,000 lightning transactions.
Bitcoin (BTC) now has 85% of its supply in circulation as of August 1, leaving just 3.15 million new coins for the next 120 years.
3.15 million bitcoins, 120 years
According to data from monitoring resource Blockchain, Thursday saw Bitcoin miners extract the 17,850,000th unit as part of the transaction validation process.
As a result, due to the number of coins awarded to miners per block decreasing over time, the remaining supply will only be unlocked in the year 2140. Bitcoin has a total fixed supply of 21 million units.
“Scarcity is about to kick in,” the crypto trading account known as Rhythm on Twitter commented on the event.
The current Bitcoin supply means only a maximum of 17,850,000 people can own an entire coin. In reality, however, some of the existing mined supply is not in circulation and never will be, as users lose access to private keys.
Because of its pseudo-anonymous, censorship-resistant nature, cryptocurrency has become a popular payment method in the adult entertainment industry. Porn sites, webcam sites and online sex shops have been using crypto to reduce their dependence on traditional payment services, which often impose restrictions and high transaction fees on these kinds of businesses — which are considered to be high risk.
Sex performers, who often struggle to set up regular bank accounts, can receive crypto payments directly from their clients, counting on the immutability and censorship resistance of blockchain technology.
Monthly interest distribution by Auxilium Interest Distribution Platform for coinholders. Also supports charity.
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yersterday :
Here is the current chart :
The STEEM that we know since months now is back. The BTC is having a nice UP but the STEEM is not really following, even we had a little UP move which has been now cancelled. However, the more important is to don’t break our support line around 0.24$. If we continue like that, the UP will come back at one moment.
…according to the 13th Update of The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology.
STEEM is ranked 9th while BITCOIN is 11th on a list of 37 Crypto-Blockchain projects.
EOS is the 1st project, it makes sense to me since, if I am not wrong, some of the most important Block Producers are located at China.
I am happy to see that STEEM is up at some of the most important Blockchain Ranks. Surely, projects as @wherein are doing an excellent work there…
It is weird that Cryptocurrency trading is still banned at China…I don’t think this status will last for long since also the government is willing to understand the technicalities and applicabilities of this technology…
In the meantime, as usual, keep calm and steem on!
In Elliott Wave terms, PlayChip began a wave one advance on January 30. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 30, and the red wave two (blue sub-waves a-b-c) correction ended on July 10. If this wave count is correct, PlayChip should be heading next towards the January 30 peak in the red wave three.
