Bitcoin: The Top Performing Currency For a Second Year in ...
How Bitcoin Reached Parity With Gold [Chart]
A Historic Chart of Bitcoin's Major Bubbles
I made this chart to help myself visualize the major price actions of Bitcoin over time. Also for people who like to say Bitcoin is a bubble. Bitcoin has bubbled many times, but three major times since its birth. After the dust settles, the price always stabilizes higher. https://preview.redd.it/ddm4h3fjauk51.png?width=4912&format=png&auto=webp&s=d61fbeb1a9de6ac7411a1cd1754802cb69e16174 Conclusion: Bitcoin is a bubble, and then it's not... (over and over and over). Less to do with tulips and more to do with the natural wild west growth pains of any young, capitalistic asset yet to mature. A lot of people already know this. Charts help :D
10x…Is It an Impossible Challenge or an Irresistible Opportunity for an ICO?
It is hard to say when 10x became the bare minimum for the Go Big or Go Home Mentality that surrounds personal information and future tech. You will hear it said, in so many words, again and again, “don’t even bother competing with “The Googleverse”, as Visual Capitalist once called it, unless you have something 10x better in your category or market space. Since Google and Facebook have their eyes set on just about everything from your wallet to your exact location, on a second by second basis, it would logically follow that we just give up now and let Google and Facebook, and don’t forget Amazon, take over everything and invent all future social systems and relevant technologies that will continue to shape them. The company that thinks they can do it:www.10x.market https://preview.redd.it/1m2mpn3bzo511.png?width=219&format=png&auto=webp&s=d96541a37dea5d7cd53f89ae174d2ffcc7793c0f Elon Musk decided the 10x divide was a good way to get people excited about new ventures that will not bear fruit until you are too old to care. We are all excited to get from Washington to New York in 33 minutes, and it’s just nice to know that my daughter doesn’t have to move out when she goes to college, as long as by her time the Hypertube spans the East Coast. It almost makes me forget about all the people who will be put out of work in the next five years by driverless cars and automated cargo vehicles, and what they are going to do with all their time when the Robot Tax dollars come every week in the form of a Universal Basic Income check.
“The key to making this work is increasing tunneling speed and dropping costs by a factor of 10 or more — this is the goal of The Boring Company. “
Part of the reason lies in the math. Google operates at an insane level, processing 3.5 billion searches per day. To get millions of people to try a different search algorithm is expensive — and to get them to keep that behavior permanently is even more expensive.
The only way such change becomes feasible is if a product comes out that is 10x better than Google, and at this point, such an event seems unlikely — at least in the current ecosystem.
Is Silicon Valley the last word on how data is gathered and put to use? It might seem that way at times, however, if you listen to the message that is coming out of Research Triangle in South Carolina, home to the innovation hubs of Big Data giants like IBM and SAS, global innovation centers such as Silicon Wadi, in Israel (where apparently, there is a glass ceiling for Muslims, and the rest of the tech sector is run by ex-military personnel from the elite cyber division Unit 8200) you could form a completely different opinion. Forbes did a good piece on Unit 8200 back in 2016, if you aren’t familiar. Companies like IBM and SAS say the secret sauce is all in the temporaneous, unstructured data streaming through the airwaves that can be correlated in real time with your position, preferences, and ready-made content bubble, like the one John Palfrey talks about in Born Digital. Three Different Models: one of them makes less sense than the others in a hyper-connected world. https://preview.redd.it/qzumjju4zo511.png?width=595&format=png&auto=webp&s=735aa43e3e2cd2cfc4a1514d59bc9fa1a97513ea How safe is it to concentrate a huge portion of your company’s warehoused data in one mammoth datacenter in a single country that could change it’s laws about how you can use and store data anytime it wants? Facebook is said to have it’s largest data center, Lulea, in Sweden. It is a good thing the Swedes are pro-blockchain, pro-crypto, or Mark Zuckerberg might have brick and mortared himself out of the Crypto-Blockchain boom that he recently announced Facebook intended to embrace and FaceOpolize. His Lawyers were probably on it way before they applied for the construction permits, but they still have the GDPR and they are still a member of the EEC. If some of the bigger EEC Countries decided that they were tired of having Facebook harvest data from its citizens like a black market doctor in an Indian” Kidneyville”, they could put some pressure on the Swedes to turn off the power. This is unlikely, but so seemed the fall of Rome before Christianity. At least the Romans would have thought the idea preposterous in 500 A.D. However, the EEC did succeed in fining Facebook and Google an estimated $9.3 billion the day after the new GDPR Laws went into effect on May 25, 2018. GDPR impact: Google, Facebook look at $9.3 billion in fines under new EU privacy law https://preview.redd.it/j9nfinh2zo511.png?width=366&format=png&auto=webp&s=b1f9bff96340d0a1b6063e7fb20f7b61ba44f6df https://www.businesstoday.in/technology/news/gdpr-impact-google-fined-facebook-fined-european-union-privacy-law/story/277807.htm Ex-Facebook Executive and Founder Chamath Palihapitiya, says that traditional social networks are not only misusing our personal information and forcing us to take an all or nothing deal when we check "yes" in the terms box, but also using surreptitious methods to get people addicted to visiting their sites. He compares the site stats that display on your Google plugins as red numbers to slot machines and says that many of the calls to action on Facebook’s site were developed to elicit the same kind of dopamine rush a gambling addict gets when he pulls the arm of a slot machine. LinkedIn uses the same sort of alerts to keep you coming back throughout the day as well This is a world where you generate all the interesting facts and Google and Facebook collect them, with your help, and get all the monetary benefits. This is a world where despite all the free time-saving, life-saving apps, you don’t have time for anything and you increasingly don’t have a life…not a real one. You are to busy working on the “digital you” and keeping the views-and-likes-ball in the air. Forget to post just one or two days and you will be reminded to log in and view the negative numbers and the graphs that make your popularity in the ether look like the Stock Market crashing in 2008.
Who’s Viewed You? Are you up or down in the ratings today?
https://preview.redd.it/xonpoydyyo511.png?width=637&format=png&auto=webp&s=44f0a9d15f157c1b038919935e0494ac00ca14cd If you listen to the companies who invented the modern market for data mining and data warehousing , you will hear them say that the only dream worth catching in the new “hyper-connected” world, where over 20 billion sensors will triangulate in the ether and create volumes of metadata and new data points outside the Google/Facebook Ecosystems is Unstructured data. Hence, the only logical place to start storing personal data is in a wallet like Bitcoin with all transactions verified on the Blockchain and in the ether where the promised land lies. Visit websites like IBM (Cognos, Watson Analytics), SAS, SAP HANA, and read the language they use to describe this new kind of data that are the reason AI and Machine Learning and Big Data are the wave of the future. Read the terminology they use on the SAP HANA webpage:
Gain new insights from advanced analytical processing in SAP HANA
“Leverage our in-memory advanced analytical processing capabilities — text, predictive, spatial, event streams, and time series — to build intelligent applications that provide deeper insights at unprecedented speed. And take advantage of predictive analytics, data mining, text analysis, and more.”
-SAP HANA Website Terms like “event streams” clearly refer to windows of time that are narrow, temporaneous, and outside of the traditional data warehouse. While Google does maintain the position of most people’s cell phones, and a lead in the handheld device market with Android, it is not like we don’t have a choice, or as if Google is the only one who can pinpoint your position for you or the third-party apps on your smartphone or tablet. https://preview.redd.it/ef6iialtyo511.png?width=759&format=png&auto=webp&s=9fa74fd790f026dd51292361c4ee18ee7841e125 Who in their right mind would want millions of personal data records stored in a central location, that if breached, left every record up for grabs? With all the turmoil brewing around the theft and loss, and misuse of personal data lately, whether it be SOX, GLBA, Classified Intel handling laws, or now GDPR, you would think the last place The DNC, Equifax, Hospitals, Google, Facebook, a bank, or anyone would want to purposely store data is on their servers, platforms, or any other company asset. Why not just push it to The Ether and scatter it like dust across the blockchain? Cracking the system to steal one transaction’s worth of data is economically akin to stepping over a dollar to pick up a dime. Why steal something when it is more profitable to take part in validating it? It seems like every other day there’s another mind-boggling data breach at one of the world’s most trusted companies. https://preview.redd.it/dotihufoyo511.png?width=640&format=png&auto=webp&s=0adcf1c4a6f688d70b54973e097dd7afa702bdd4 While some institutions may have no choice but to store your data in a central depository, like a hospital or Equifax, the ones that profit the most have no reason except profit to keep your details on their servers. In Google’s defense, they do have an app called Google Takeout ™, which allows you to download every detail that has been collected on you in the Googleverse by any and all of the 89+ apps in the Google ecosystem. It is not like they are forcing us to let them steal our data and sell it without our consent. Although the 20-page take-it-or leave-it opt ins on the apps they use to collect the data are a bit unfair, we are the ones who decided that Google and Facebook could sell it for several thousand dollars per person, per year without any compensation except some free cell phone apps. This begs the question: what would I do with all that data if I had a copy?
Well, at10x.market, CEO Chris McFayden and President Greg Fogarty say, “roll it up with some sort of data that is 10x more valuable than the information Google has, and then transfer its value to a token, and begin selling it over a distrubuted Smart Contracts Platform. You are now the owner of a data set at least 10x better than the next best source in the marketplace. You now possess the worlds most complete record of the digital you, and you've only just begun.
Advertisers, IOT, and Big Data service providers, as well as all the mixed reality content providers that will be augmenting the world around you with the help of some holographic contact lenses, will all need to come to you through the 10x platform to get the most complete version of the digital you to sync up with all those "event streams' and senors.” Here is what we think you should do at 10x https://preview.redd.it/ezlo0aq7yo511.png?width=747&format=png&auto=webp&s=2e4e60c176b0eca68f08c6b9282c0bc641aa1b45 Things like smartphones, tablets and laptops and flatscreen TVs will no longer be necessary since you will be able to project them holographically into your private version of reality. Even Holographic Keyboards and input tools can be projected into empty space, which means many wireless accessories will disappear too. Maybe we will simply carry a processor with Wi-Fi in our pockets to connect us to the connected world. So where can I get some 10x data so I have a fighting chance at beating Google at the Personal information game? The Founders of 10x found their opening by accident. While working with a company in the patient engagement software space on a blockchain app that would give their AI driven engagement model the edge in a very competitive industry, Founders Greg Fogarty and Chris McFayden discovered that patients were willing to volunteer data from Fitbits, other wearables, and an app that asks routine questions that a doctor might ask you at a checkup. As it turns out paying patients cash to answer basic questions about lifestyle, habits, and symptoms lower health premiums. With just the data from a Fitbit and some routine questionnaires, medicine can not only move to a preventative care model, but some might say a predictive diagnostic model where AI assumes many of the responsibilities of a primary care physician. https://preview.redd.it/jf3gnfwcyo511.png?width=747&format=png&auto=webp&s=f0825e440d0e9a3a1d4793bb498be2f08ce3f025 In addition, once employees knew that employers and benefits providers where paying them, the Patient Engagement Platform, that appears to employees as part of their HR departments Wellness Program, saw participation rates that were in line with those of Google Search and Facebook. Furthermore, the two founders of 10x discovered, during a due diligence exercise, that Medical data was worth 10x more on the black market than Credit Card and Banking Data. If they could just put that information in a digital wallet with the information that Google would give you back for free via Google Takeout ™, they would have the 10x everyone said you needed to compete with Google and Facebook. https://preview.redd.it/qpub6wnfyo511.png?width=740&format=png&auto=webp&s=19f5708f975306d404f19ec30406a123f5d8d0b3 There are literally thousands of companies who sell these Patient Engagement Platforms, and Greg and Chris's client had less than 1% market share after 6 years in business. It was obvious that the play was not in upgrading one platform with Blockchain and equipping it with a token, but rather in making a free app, just like Google has done 89+ times, that gives all the Patient Engagement and Medical Records platforms the kind of advanced AI that their client incorporated to turn Wellness into Predictive Medicine. Then individuals could start adding other valuable data points that were stranded in data warehouses to their digital data wallets. Things such as:
DNA and Biometrics
Political Party, Policy Preferences
Connected Car Data
Connected Home Data
Connect to LinkedIn and download professional Profile
Now that all the data is within the control of the individual, all that is needed is a trading platform that provides a fair profit to the creator, a fair price to the owner of the Personal Information, and that gives information of any type a normalized value so that it can be stored as a token which reflects the value of the new infonomics marketplace and the sum total of the personal data transactions carried out over the 10x Platform. If the platform gained significant market share in the buyeseller infonomics ecosystem, the token market cap should increase as the volume of available personal data and buyer and seller transactions increase over time. We all know why they call Big Data by that name. It is because the amount and variety of personal data being collected and generated are getting bigger and more varied with every sensor that is added to the IOT Ecosystem. Now with more of the kind of data that the companies like SAS, IBM, and SAP would like to correlate with, “Unstructured” Real-time data, 10x is not only in the Personal Information business, in grand style, but also all the other hot spaces that will dominate the Ether for the next five to ten years: IOT, Big Data, Mixed Reality. With Personal Data Profiles selling for between $1000 and $5,000 a year, charging for transactions and managing complex coordination of Smart Contracts executed with the 10x token offers an extremely profitable business model if you consider the lifetime value over ten years is between $10,000 and $50,000 for an individual’s static data profile and real-time location information. This means that with only 2 million customers 10x.market could cross the billion dollar magic line, that makes a run of the mill startup an official Silicon Valley “Unicorn.
￼ About Mossland Mossland is a AR (augmented reality) gamified platform for owning and trading virtualized real-estate based on mechanics of Monopoly and Pokemon Go. Virtual assets owned in Mossland can be transferred to other location-based games or services through Moss Chain, the first blockchain for AVR assets. ￼ Next Generation AR Anything can now be virtualized thanks to a star team of Ex-Samsung and Ex-Google founders. ￼ Moss Coin Transactions are made with Moss Coin (MOC), a transparent and secured cryptocurrency which will be traded on cryptocurrency exchanges. ￼ Own and Trade Landmarks You can now own and trade valuable landmarks and real estate around the world in auction houses ￼ Moss Chain Ownership of assets is secured by Moss Chain, the first AVR assets blockchain. ￼ P2P Advertising Mossland creates a new advertising platform based on the convergence of real location-based games with AR technology. ￼ Expandable Platform Virtual assets and their ownership in Mossland could be also transferred to other location based games or services on Moss Chain. Mossland ICO Name Moss Coin Symbol MOC Platform Ethereum Total issue 500,000,000 MOC Price 1 MOC = 0.12 USD Mossland Team Founders ￼ Wooram Son CEO, Co-Founder 3D Computer Graphics ExpertS/W Engineer, Samsung Electronics ￼ Chester Roh CSO, Co-Founder Serial EntrepreneurFounder, Inzen (IPO in Korea),Founder, TNC (acquired by Google)Founder, 5Rocks (acquired by Tapjoy) ￼ Minuk Kim CTO, Co-Founder 3D Computer Graphics ExpertS/W Engineer, Pantech ￼ Yongjun Hong CFO, Co-Founder KICPACFO, 5RocksPwC Korea Accountant ￼ Sean Oh COO, Co-Founder Digital Human Character ExpertS/W Engineer, Samsung Electronics ￼ Don Lim VP of Business Development General Manager, Com2uS USAAdvisory Sales Rep., IBM Korea ICO Advisors ￼ Louis Jinhwa Kim Blockchain Advisor Co-founder, Director, Korea Blockchain AssociationCo-founder, KorbitDirector, Tide InstituteAuthor of World 1st Bitcoin Book, 'Next Money Bitcoin(2013)' ￼ Jason Han Blockchain Advisor CEO, KAKAO BlockchainCo-Founder & PartneCTO, FuturePlayFounder & CEO, NexR (acquired by KT)Adjunct Professor, KAIST MBAKAIST PhD in P2P and Distributed System ￼ Jeffrey Lim Startup Advisor 18+ years of experience in startup ecosystemFormer Head of Campus Seoul, GoogleFormer venture capitalist at Softbank VenturesSerial Entrepreneur ￼ Hash Hao ICO Advisor Serial entrepreneur & Fintech expertCo-founder and CMO of INK Labs Foundation7 years experience in Fintech, AI-lending and blockchain ￼ Dennis S. Lee ICO Advisor Serial entrepreneurCrypto evangelistInk Labs Foundation Business DeveloperManaging Partner at FutureMoneyFund ￼ Ivan Danishevsky E-Sports and Gaming Blockchain Advisor Head of Shoutcasting, Garena.comCCO, Game Show TVFounder, ESM.one - Blockchained EsportsFounder, ESC.watch - Esports Charts ￼ Ilya Mikov Cryptocurrency Gaming Advisor Co-Founder, Active GamesFounder, Mobile ActiveSuccessfully raised an ICO round for its mobile MMORPG Lordmancer II. Product Advisors ￼ Duhee Lee Startup Advisor Founder LIKELIONFounder KongdooGoogle Impact Challenge, First Place (People's Choice)Speaker, 66th UN NGO ￼ Vitaly Tkach Creative Advisor Creative Director, WargamingFormer Creative Director, Leo Burnett Ukraine ￼ Peter Van Dyke AR UX & Design Advisor Interactive UX/Production, AppleCSO & Product Head, GTRProduction Head, npnf KSK PlanetCreative Co-Director, Com2uS Korea ￼ Sunkwan Kim Art Design Advisor Creative Leader at Niantic Labs, Google (Ingress, Pokemon GO)Advisor of Weenu, Art up SeoulSenior Visual Designer, Yahoo Korea ￼ Minpyo Hong Security Advisor Founder, SEWORKSFounder, SHIFTWORKS (acquired by Infraware)Advised governments on digital security issues for 20+ yearsFive-time consecutive finalist at DEFCON CTF ￼ Yaroslav Kologryvov Eastern Europe/CIS Market Advisor Founder, Ukraine's Main University Startup Ecosystem Sikhorsky ChallengeManaging Partner, VANHEALTHING CryptofundFormer CEO, Ukraine's Main Science Park ￼ Baolong Zhang CG Advisor Director, DigitallotusLead Character Artist, Supermassive GamesLead Environment Artist, Climax ActionLevel Artist, Ubisoft ￼ Charles Rim M&A Advisor General Partner, Access VenturesMD, Tapjoy Korea & SE AsiaVenture Partner, DFJ Athena VCHead of M&A, Google APACCSO, Yahoo Korea & SE Asia ￼ John Chang Investment Advisor General Partner, Access VenturesAPAC Head-Equities, Barclays AsiaCEO, Deutsche Bank KoreaCo-Founder, Access Communications ￼ Youngwoon Cha Graphics & VAR Advisor CS PhD Candidate, UNC Graphics & Virtual RealityResearcher, KISTResearch Engineer, LG Electronics ￼ John S. Kim Growth Advisor CEO & Founder, SendBird (Y Combinator)Director, GREECEO & Founder, Paprika Lab ￼ Tim Chae Venture Capital Advisor General Partner, 500 Startups KoreaPartner, 500 StartupsInvestor in 30+ seed stage tech companies in SF/SV and Korea ￼ Changsu Lee Artificial Intelligence Advisor Co-Founder & CEO, AllganizeSVP, TapjoyCo-Founder & CEO, 5Rocks ￼ Wonchai Lee Monetization Advisor Sr. Football Trader, The Hong Kong Jockey ClubSr. Odds Compiler, Singapore PoolsOddsmaker, SportsToto ￼ Widjaja Tannady Real Estate Advisor Founder, Mahanusa CapitalDirector, PT Pacific Place Jakarta Team Members ￼ Byucryun Choi Lead Character Artist Lead Character Artist, NS Studio ￼ Sangmin Lee Lead Environment Artist Environment Artist, M Game ￼ Youngdae Cho Client Engineer S/W Engineer, NHN NextPMarketer, 5Rocks ￼ Yunu Kim Server Engineer S/W Engineer, Line Games ￼ Junchel Park Blockchain Engineer S/W Engineer, Kakao ￼ Hyunuk Nam Blockchain Engineer S/W Engineer, NHN Next ￼ Seunghyun Kim Software Engineer S/W Engineer, NHN Next ￼ Hyunbin Nam Game Designer Game Designer, Affinity Game ￼ Jerome Hernandez Creative Engineer Creative Engineer, CERN ￼ Emily Park PR Manager PR Manager, LineableA.E., Cheil Worldwide For mor details, please visit to : web : https://moss.land White paper : https://d2vy65gufabiok.cloudfront.net/whitepapeMossland+Whitepaper+-+ENG.pdf Facebook : https://www.facebook.com/Mossland-1654411001264423/ Twitter : https://twitter.com/TheMossland Mail : [email protected] Bounty Program : https://bountyhive.io/join/Mossland Author : elmisbah
This is how much money exists in the entire world, in one chart
This is an automatic summary, original reduced by 57%.
Rather, it's more about which parameters are used to define "Money." "The amount of money that exists changes depending on how we define it. The more abstract definition of money we use, the higher the number is," said Jeff Desjardins, an editor of Visual Capitalist, who put together an infographic to answer this question. For purists, who believe money refers only to currencies such as bank notes, coins, and money deposited in savings or checking accounts, the total is somewhere around $80.9 trillion. Funds invested in derivatives alone total $1.2 quadrillion. There is more money in derivatives than in all the stock markets combined, which is a comparatively paltry $70 trillion. As for money owed by every single person and country in the world, the grand total is $199 trillion, with some 29% of it borrowed since the 2008 financial crisis.
Summary Source | FAQ | Theory | Feedback | Topfivekeywords: Money#1total#2derivatives#3trillion#4bitcoin#5 Post found in /economy. NOTICE: This thread is for discussing the submission topic only. Do not discuss the concept of the autotldr bot here.
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Does trump really cares about Bitcoin? Why Trump and Bitcoin are related?
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