Get Ready! To Party just like 1999. Get Ready to Rocket.

May 11, 2019

11-May-2019/Dynamictrader.com; The effected result of the New Tariffs imposed on China is expected to result in further squeezing of the American Consumer which by some expectations could result in up to US$800/- per family in America with PMI, Economy and Employment suffering going ahead and with the brunt of it to hit on the consumer.

The Financial markets on the other hand have not only reversed all their losses and made new highs just two weeks prior and going into the FOMC, Trump’s tweets further reimposes the idea that indeed to counter the ill effects of his own trade policies China is stimulating their country and mighty America ought to do the same.

These two tweets spread around like Snapwire hot off the press, Signalling the party is about to start like wildfire.

If Indeed this is the case, it would need a move down to at least 10% off current highs to make it convenient for Powell to follow up on Trump’s monetary policy tactic of even further loose monetary policy and to go by any recent evidence, its exactly what China just did after the new tariffs had taken the wind out of its economic sails, They too went up like a Rocket!.

The last time such a scenario presented itself was in the Summer of October 1998, when our regular bouts of Bailouts first began and the stock market party like no tomorrow, Here is what happened then.

President Trump logic is relative simple, We print money big big, debt becomes small, poverty is uplifted. Debt is a cause of poverty, when you are unable to keep most of what you ever make, much akin like taxes, and if the government takes more like now in the case of tariffs, no matter what consumption suffers. Lets Print new values and isn’t it how we fix things for the better part of the last century.

And maybe just maybe that is what indeed the world economy needs, a mechanism to inflate the outstanding load of debt away, with more money in circulation, inflation gets back, eroding money value by a regular consistent percentage and with that higher incomes to compensate for a relative stable debt load that deflates while money inflates at the same time.

Whilst these higher values in higher cost paid and higher incomes received will result in enhanced GDP figures and in turn make debt ratios looking relatively smaller and may give a boost to the global economy which is stagnating and quickening at the same time. Some options mapped out by Merrill Lynch;

So what will it take to get us there.

We all know the federal reserve and all central banks will panic once the market turns down 10%, last December that’s exactly when Powell turned dovish and two months prior the Federal Reserve was tapering, today there is no greater evidence to prove Central Banks policy is not data driven nor it is independent, it is geared towards perception management and the stock market is hardly reflective of the underlying conditions of the real economy on the ground, but nevertheless they try.

So like in the summer of 1998, when the LTCM collapse came and in the same summer were legendary  traders like Neiderhoffer went bankrupt and Veteran Trader George Soros went short into the dot com rally before losing 60% of his bet and going long near the highs. The Party like 1998 is about to start, we just need a systematic collapse and never let a crisis go to waste.

What are the leading thoughts of China in all of this….

The last time such a scenario presented itself was in the Summer of October 1998, when our regular bouts of bailouts first began and the stock market party like no tomorrow began, The Stock market made higher highs with the Nasdaq rallying in over 500% in 16 months from the LTCM lows and a party like no tomorrow had begun, which wouldn’t turn till the greatest fool of all had gone long. Here is how it happened back then.

How we just screwed the consumer, each family to be affected by 800/- dollars per year by Trumps trariffs on China, this last Friday. 10th May 2019.

Your Guess Is As Good As Mine.


Further Reading
{cognitive dissonance}  Animal Spirits, Bubbles, Mania’s and Market Peaks. http://ul3.com/FIl46
{cognitive dissonance}  FOMO Signs of the Euphoric. The Bust is almost near! http://ul3.com/6K2S3
{cognitive dissonance}  BITCOIN – A Fraud and Ponzi in a Disillusioned World: http://ul3.com/35fH1
{cognitive dissonance}  The Greed: http://ul3.com/pUDgd
The Hope: http://ul3.com/CuC7d
{cognitive dissonance}  The Ignorant, Zombies: http://ul3.com/PP8Ez
{cognitive dissonance}  Perception vs Reality: http://ul3.com/UcYb1
Revolutionary Transformation Ongoing. http://ul3.com/kcYCE 
– Global Economic Collapse January 18, 2016

Deflate or Inflate: The Path Forward – Daniel Mankani

October 30, 2018

The period of greed is ending and a sense of denial prevails.

Since the great financial crisis nothing much has changed, the excessive stimulus had two major effects, zombification of the economy and concentration of wealth in newer and fewer hands hence inequality.

Inequality is a consequence of those who could game the system versus those who couldn’t.

Zombification occurs when financial prudence takes a backseat and gives way to euphoric gun slinging behavior in the hope of what works past will always continue to do so and leads to even more of the same, essentially what this does is; it kills all demand as excessive capacity increases and utilization of the same suffers. The other affect out of this is capital seeking returns pile onto the very same processes which are high yielding, eventually destroying yields as supply increases and demand suffers.

 

 

Economic growth is not infinite and never can be. Boom and bust cycles are an inherent part of the capitalist economy just like in human’s nature, We tend to do what works till it stops working and we tend to avoid what doesn’t work and try something new.

Economies across the world have now lost the last leg of growth, it started with cash for clunkers for the auto-sector, then lowering interest rates to the housing sector, student loans for enhanced education and corporate loans for stock buy backs and the Federal Reserve now says no more.

 

At the bottom of every cycle there is fear and we are far from it, hence looking for a bottom at these levels is futile.

Each and every cycle begins with greed and euphoria, by avoiding the corrective behavior of the last great financial crisis of 2008, market participants are once again looking towards where will be the next level lower be before the Federal Reserve will act and put it in bid and unleash another round of quantitative easing or at what level the Federal Reserve folds with their interest rates tightening process.

There is now a new school of thought taking hold of “deficits do not matter” and as long as the continued stimulus is provided to the economy eventually everything will get better and if Japan can do it; Why can’t we?. There is no escaping debt, especially so when Interest rates have been kept low to such an extreme creating a situation of Zombification of the entire economy.

its this continued stimulus to the economy and these Keynesian ideas which has got the world in the big mess in the very first place. As a reminder the continued stimulus destroys fiscal balance sheets and today we have consumers, companies and governments maxing out on their credit lines and for all the new additions simply add capacity resulting in the worsening of the glut, evidently seen in real estate, infrastructure, car sales, etc while real utilization, growth, and demand has suffered. Japan at one time even mailed coupons money to spur their domestic consumption spending and it didn’t work yet the pundits today are floating ideas of “Universal Basic Income” as a means of one’s birth right to the “feed me” crowd who expect governments to provide cradle to grave support, while governments own fiscal balance sheets are so impaired, they may be hard to survive.

What comes next after bear markets is a recession and if its prolonged then it becomes a depression, something which the central banks will have to avoid at all cost as further downside is flashing red, “Sovereign Debt Crisis” alternatively the hunt for money begins with higher taxes as interest rates rise in tandem with this comes austerity next and further tightening of the economy, which may result in another period of Revolutionary Spring as seen in the first quarter of 2011, this time it could be worldwide.

Bear Markets have taken hold, the path forward beckons the question, inflate or deflate and no matter which way the outcome it’s filled with a whole lot of pain.

Conclusion: Deep structural policy reforms have to occur based on deployment of real metrics and the diversification of the underlying economy in earnest, hopefully with the coming pain the greatest motivator for change comes next as well.

Significant challenges remain ahead.
./ stay tuned.

 

 

 

 

 

 


Your Guess Is As Good As Mine.


Further Reading
{cognitive dissonance}  Animal Spirits, Bubbles, Mania’s and Market Peaks. http://ul3.com/FIl46
{cognitive dissonance}  FOMO Signs of the Euphoric. The Bust is almost near! http://ul3.com/6K2S3
{cognitive dissonance}  BITCOIN – A Fraud and Ponzi in a Disillusioned World: http://ul3.com/35fH1
{cognitive dissonance}  The Greed: http://ul3.com/pUDgd
The Hope: http://ul3.com/CuC7d
{cognitive dissonance}  The Ignorant, Zombies: http://ul3.com/PP8Ez
{cognitive dissonance}  Perception vs Reality: http://ul3.com/UcYb1
Revolutionary Transformation Ongoing. http://ul3.com/kcYCE 
– Global Economic Collapse January 18, 2016

Curve Fitting the data – The greatest folly and the search for the Holy Grail.

June 28, 2018

Back in the earlier days, when data analysis first began, it began with the rationale to predict prices.

Financials traders have always looked for the holy grail, the one that can make you forever RICH.

The process begins with an analysis of past data, within such analysis a pattern is observed and judging from the manner the pattern reflects, sooner or later the trader’s mind starts considering what if I bought at those lows and sold at those highs and its sure money.


A 20% and greater move to the downside could begin this week. - Daniel Mankani.

Last: 2708.50 ESU
Key Support: 2705 2680-2650.
Minor Supports: 2625.50 / 2556.50 / 2426.30 / 2325.00 / 2120.00
Expect Prices upside attempts to be capped below 2750 for a break below 2705 for 2680 region.
Major key support is around 2650. Bear Markets begin often with a downmove of 2% and above
and the way it looks such a move below 2650 confirms indeed.
Look to remain short against historical highs, sideways volatility is increasing which often leads to
bigger concluding days. The move down towards 2400 region is initial short term target.
In the longer term prices will return to the level since Trump Victory as markets often retrace
back to the beginning once the entire narrative has changed.
A 20% and greater move to the downside could begin this week. – Daniel Mankani.
http://dynamictrader.com | DYNAMICTRADER.NET} dynamictrader.org 28-8-2018


Since the early nineties, financial technology has made great progress by leap and bounds, there is no dispute on this. How these technological systems have been developed and how they have evolved into is a big case of false promises.

Today there are big gains in various areas and the progress visible, yet the overall benefits and our current positioning doesn’t bode well for the foreseeable future nor can we say that the benefits we have derived so far, have negligible transformation impacts which are acceptable.


In our last article; 1990’s The End of Real Innovation and Growth.
We argued.

A)  Real innovation is value creating and doesn’t cannibalize on the old instead of making those resources available for enhanced usage elsewhere.

B)  In 1990’s the end of real innovation. Since then cannibalism on the old, it affects concentrating wealthy gains into fewer and never hands.

C) With the end of real innovation, global growth slowed. Alchemy of Money began, Stimulus became the norm and its leading into A Global Sovereign Debt Crisis.

Innovation is to innovate a process or create a product of enhanced value.

Value creation is a concrete concept and that is why, when one starts to look at how the narrative has changed into what is mine and yours, this selfish bias is where the first miscalculations begin, as the curve is been fitted by extreme optimization to derive the max potentials and when such a system is developed, it falsely assumes that the conditions of the environment is to remain constant and when the environment turns dynamic the system fails.

To give you another perspective on the same scenarios, these days machine learning is in fashion and artificial intelligence is often complimented in the same sentence. So let’s assume you use your ARTIFICIAL INTELLIGENCE SYSTEM TO GENERATE INTELLIGENCE And this as your new innovation claimed by machine learning.

The question to ask here is who is intelligent here then. Is it the man or the machine. And if the machine is being considered to be smarter with the advent of self-intelligent machines then where are the smarter human beings on the planet to take care of those machines for maintenance when needed. Its just not doable and the hype is so far up away in the bubble just in time for a bust when logic and reason is so far away from any factual basis, it’s exactly then when gravity structs and determines. It ain’t far.

Let’s take a look at this from another angle, lets assume that the artificial intelligent bot that you have deployed is making good progress from his ability of predictive behavior and is able to exploit some of that as profit by deploying its highly probabilistic recommended strategies, In such a scenario the bot will be able to profit from it but then one fine day, it will stop working as once everyone else starts to identify that arbitraging edge, they too will start doing it and it will stop working, the arbitrating opportunity automatically disappears.

I will try to explain why this happens and why I feel confident in making this statement that it simply cannot be done on a continuous longer-term basis, once the system corrupts itself by developing bias sooner or later it ends becoming predicative but assuming, since the strategies are identified by past data, that information been in the past and any predictions derived out of them is called hindsight.

To have foresight you need to follow the trend, know the trend and not assume any outcome based on assumptions and nor you can intervene to an extent where you attempt to predetermine the outcome to obviously be favorable to your own positioning, this bias then corrupts the process instead of delivering efficiency, it becomes a case of an inefficient master feeding garbage in {bias} and getting garbage out {cognitive dissonance} and this happens because of the intervention which corrupted the process.

Pattern Recognizance. Looking-out-the-Horizon-Storms-Approaching.
The greatest problem we face today is due to this, the {cognitive dissonance}  present in the thoughts today of Industry Leaders, Market Participants and Government Policies are reflected in that.

In essence instead of {derived efficiencies,} inefficiencies are clearly visible and these inefficiencies are having a disastrous effect on global economies. Innovation is not the problem but none of it innovative as cannibalism occurs upon old structures and creates new monopolies concentrating gains and stored energy wealth in the hands of the very few.

This being the new norm of disruptive technologies.

This is the real problem. As the curve is been fitted by extreme optimizations to derive the max potentials and when such a system is developed, it falsely assumes that the conditions of the environment are to remain constant and when the environment turns dynamic the system fails.

At the recent Asian Institute of Leadership Institute 22nd Banking Summit, on behalf of Banking Technologies Asia MSC, I got an opportunity to highlight the effects of these disruptive technologies and the effects of Algorithmic Trading on the financial markets. Outlining these artificial intelligent Algorithmic Trading bots have indeed destroyed the markets efficient process of pricing and the entire hypothesis of efficient markets theory is questioned.

As outlined in the video above, attention is requested to what these algorithmic trading systems and bots are doing to the financial markets, the effects of such systems are destroying the ability of the market to Price Discovery, with the inability to determine price, malinvestment occurs and the market which was supposed to have a price discovering mechanism further worsens making the entire system very vulnerable to greater systematic shocks and even greater market crashes.

[embeddoc url=”http://banktech.net/wp-content/uploads/2018/06/CAN-Machines-think.ppsx” viewer=”google”]

./ stay tuned,


Your Guess Is As Good As Mine.


Further Reading
{cognitive dissonance}  Animal Spirits, Bubbles, Mania’s and Market Peaks. http://ul3.com/FIl46
{cognitive dissonance}  FOMO Signs of the Euphoric. The Bust is almost near! http://ul3.com/6K2S3
{cognitive dissonance}  BITCOIN – A Fraud and Ponzi in a Disillusioned World: http://ul3.com/35fH1
{cognitive dissonance}  The Greed: http://ul3.com/pUDgd
The Hope: http://ul3.com/CuC7d
{cognitive dissonance}  The Ignorant, Zombies: http://ul3.com/PP8Ez
{cognitive dissonance}  Perception vs Reality: http://ul3.com/UcYb1
Revolutionary Transformation Ongoing. http://ul3.com/kcYCE 
– Global Economic Collapse January 18, 2016

Animal Spirits, Bubbles, Mania’s and Market Peaks. Daniel Mankani

December 24, 2017

Dynamictrader.com/24/12/2017/ Daniel Mankani

Animal Spirits is a late stage market event in which bubbles created by a herd mania in a collective illogical intuition {cognitive bias} culminating into market peaks and eventually its bust.

Animal Spirits.

There comes a time when rational thought takes a backstage and excessive risk-taking behaviour trumps, Alan Greenspan first referred to this as “Irrational Exuberance” in the 1970’s, although he may have got it wrong this first time around.

Today this has now become an important part for all students of Behavioural Finance.

For the most part, Humans are expected to be rational in the management of their affairs. They plan and coordinate their affairs to the best of their abilities for self-preservation and thereafter their goals are enhanced further for even better positive potentials and outcomes by the deployment of their self-capabilities.

This risk-taking behaviour is inherent in all of us. A parent takes the risk to provide for a baby, an entrepreneur does the same when he goes into business and A trader wages his bet based on his own statistical understandings with attempts to tweak outcomes to his advantage.

“Nothing infuriates a man more than the sight of other people making money.”

Yet, there comes a time when all rationality is lost. Driven by either fear or greed, intuition begins to drive decisions of oneself, which in itself is without any conscious reasoning and simply an output and/or recollection of cognitive bias.

With participants overestimating self-capabilities and potentials, a deviation from the norm occurs and rationality in judgement takes centre stage, whereby inferences from other people and situations are drawn upon in an illogical fashion.

Humans like Animals find safety in collective thoughts, a sense of stability prevails within the herd and like every herd headed to the slaughterhouse, the leader of the pack has to be in confirmation or else he loses his position as a leader, he is bounded by this collective thought and the pact follows him as a means to collective bias.

Animal Spirits is a late stage event that occurs in every market and in 1998 we documented the story of the Internet boom and its subsequent bust. It’s a very interesting read and demonstrates how irrational collective herd behaviour leads to the slaughterhouse.

Bubbles.

The Federal Reserve has consistently fed one bubble to another since the start of the millennium and just like in 1998 with the bailout of “Long-Term Capital Management”, resulting in the Nasdaq rallying from the lows near 1000 into 5000 all in a matter of fifteen months.

I know the price I am paying is absurdly high, but somewhere out there is a greater fool than I am. Who will when the time comes pay an even higher price.

LTCM Bailout, Market bottoms and huge rally, the greedy george soros also turns long.

This upturn was all that what was required to bring all the naysayers of the times into compliance and once the greatest fool of all has gone long, the market peaks and ends in tears for all those without rational thoughts, herds into the slaughterhouse.

More importantly what was missed out then and is valid even today is the times prior to the March 2000 Peak. The bust of “1997 Asian Financial Crisis” had very little positive economic growth, present were the depression-like conditions with negative GDP’s across the Asian region, elsewhere Russia was facing pressures on its sovereign debt and Europe was in the midst of adjustments welcoming the Euro.

All these culminated into capital and resources pouring into the “Technology Bubble” as a be it end all.

Bankers quit their jobs to join start-ups, Underutilized resources such as “Office Spaces” were offered to start-ups for a share of their equity, Companies added an “E” or “I” to their business names, everything technology related became a buy. Irrational Thought driven by Greed or Fear became prevalent all across the board. See the chapter Greed.

All those without any understanding of the inner workings of technology were now on board. Today its no different, there are Parallels in the economy, mathematical relationships and equations we can draw upon.

A bubble is created when irrational thought and outright stupidity are visible to the naked eye and yet it remains as a doubt not to be questioned due to the collective bias of the herd, while the herd in itself is together for the very same reason and illogical intuition drives human behaviour to confirm. Today we have bitcoin.

Manias

Most Market Mania’s have almost universally similar characteristics, Beginning with this time is different and easy money mentality. There is almost always no underlying valuation attributes or anchoring to any fundamentals. Early participants overestimating everything with overblown claims of growth stories and infuriating those who have yet to participate, a fear of missing out prevails greatly. 

Then out of sudden a period of Irrational Exuberance prevails with a decline in credit standards leading many to borrow with Ponzi Financing fueling the bubble to unsustainable levels. In a self-fulfilling prophecy, higher prices bringing in even more participants leading to even higher prices, eventually surprising even the early participants, who then refuse to reinvest their Rich returns and proceeds. Finally culminating into the bubble bursting where the latecomers almost always end up holding the baby.

Further Reading.
Signs of the Euphoric. The Bust is almost near!
BITCOIN – A Fraud and Ponzi in a Disillusioned World

Get to know us.

technopreneurship_Daniel-Mankani

Technopreneurship – The Successful Entrepreneur in the New Economy – Daniel Mankani. Published 2003. Pearson Education Asia – All rights, copyright reserved Daniel Mankani { ISBN0-13-046545-3 }

Chapter The Greed >>> Technopreneurship-The Successful Entrepreneur In The New Economy.

LINKS
Disclaimer. http://ul3.com/L30qH
Back to the Beginning. http://ul3.com/aeVUG
BTAMSC – http://ul3.com/vAqdH
BITCOIN – A Fraud and Ponzi in a Disillusioned World: http://ul3.com/35fH1
The Greed: http://ul3.com/pUDgd
The Hope: http://ul3.com/CuC7d
The Ignorant, Zombies: http://ul3.com/PP8Ez
Perception vs Reality: http://ul3.com/UcYb1
History: http://ul3.com/1rCFA
Chart Patterns: http://ul3.com/ate6A
Introduction to Technical Analysis. http://ul3.com/kcYCE

Writings.
INTRODUCTION TO FINANCIAL MARKETS & TRADING OPPORTUNITIES IN COMMODITY, CURRENCY, & FINANCIAL FUTURES. http://ul3.com/dAFWj

Revolutionary Transformation Ongoing. http://ul3.com/kcYCE
– Global Economic Collapse January 18, 2016


BITCOIN – A Fraud and Ponzi in a Disillusioned World – Daniel Mankani

November 5, 2017

First things first lets understand this “The World is Disillusioned with Social Media Imaginary Lives” Ongoing Economic and Monetary Systems Transformation and there is indeed a whole lot of confusion on how the world tomorrow will evolve.

There are many questions and many responses to this but one thing for sure, its Bitcoin is not money nor its a stored value of an asset, it will never replace currency nor its has any of the attributes of Gold or Currency.

In the midst of all this Bitcoin has emerged as the best performer across various asset classes to which its compared against and now been told it will replace the means of transacting across borders and its value to continue increasing in a case of be it all and end all.

Human Greed knows no bounds especially so if its a subject out of disillusioned minds.

In the era of Fake News and Deregulated markets where accountability takes backstage coupled with a over educated under utilized millennium generation, Bitcoin is more of Fraud and a Ponzi and you may call it the revenge of the nerds.

Driven by fear of missing out and with various superior looking scientific yet false justification of “i know its better but I don’t know how, this has fueled Bitcoin’s Market Valuation and Price.

Its Greed and Fear Combined, Perception of disillusioned minds. A fraud of no other kind and a Ponzi at the same time.

In 2017 alone. Bitcoin meteoric rise has seen its total market value rise to over 100 billion dollars. Click to enlarge.

Bitcoins 100 Billion Dollar Valuation obtained in a shortest period of time. Click to enlarge.

For any asset to remain as a stored value and become one as a currency, it needs to have three key attributes without which its just another Fraud and a Ponzi at the same time.

 

It needs to have an UNDERLYING to give its stored value, It needs to have a UTILITY without which there is no demand to hold and lastly it needs to have LIQUIDITY which is non volatile.

 

Attributes which Bitcoin doesn’t have.

Underlying Resource: An underlying resource of some kind is necessary to give any derivative its value against which the derivative is bench marked, US Treasuries and even Fiat Currency for example have an underlying asset class to back them up, Government revenues and Taxes are the underlying for every currency where economic growth and monetary management defines the currency value.

Gold is the perfect hedge in an stagflation environment in which we are currently in and Bitcoin is not gold, It has no underlying of its own to  compare with to gold or to a currency and such perception is very much flawed.

It is wrong to say that Bitcoins Energy Consumption gives its underlying. It does not. Click to enlarge.

It is wrong to say that Bitcoins Energy Consumption gives its underlying. It does not.

Just cause someone found out a water front property and build on it an exclusive luxurious home, spending huge sums of money to make it beautiful and comparing its construction costs as input of value and then comparing it to the prices in demand and further speculating that if just a tiny bit of demand comes from there, the prices will escalate to those levels in a fancy of disillusioned minds.

You can’t compare an sparsely populated island in the pacific to that of one which has demand and it’s no matter on how much money you spend in making it luxurious, its a waste of effort and time.

Bitcoins hash rate, efficiency of mining determining input costs. Click to enlarge.

As the difficulty increases in mining of coins in order to make it a finite resource, more energy is consumed as efficiency drops and it then becomes scarce, this is the mathematical equation behind bitcoins miners and developers illusion, assuming that the input costs are part of the underlying, when its not.

Bitcoin Energy Consumption to determine underlying replacement costs. Click to enlarge.

Bitcoin uses more electricity than Uraguay, Kyrgyzstan, and Paraguay, yet what is the productivity use or value created out of this?

Bitcoin-Energy-Consumption-vs-Ranked-Countries. Click to enlarge.

Gold is a finite resource with utility which makes it of asset of stored value of no other kind.

Bitcoin-vs-Gold-Total-Annual-Energy-Consumption. Click to enlarge.

While it only takes 1.4 barrels of oil equivalent to produce an ounce of gold, it takes 10.1 barrels of oil equivalent to produce one Bitcoin.

Bitcoin-vs-Gold-Total-Energy-Consumed. Click to enlarge

Therefore as per the Maths.

Bitcoin-Production-Cost-Bevand-as per May-31-2017. Which today is closer to 1800 per coin generated and rising. Click to enlarge.

Hence, anyone investing in Bitcoins needs to understand the total dynamics behind them and understand which asset if behaving more like a bubble.

Bitcoin-vs-Gold-Cost-vs-Market-Price, Click to enlarge.

Now if we are in agreement on input costs and the underlying just been a waste of valuable energy resources to output a single coin, lets look for the second most important attribute of that of Its value creating UTILITY and you will find there is none except for illegal money laundering, and stashing of hidden wealth from which Bitcoin has benefited enormously from the chaos and collapses of various economies across the world.

In fact Bitcoin founding and origination is mired in Mystery with rumors of the founder himself owning a million coins and we have various reports from a couple of years ago where sites which accepted Bitcoins in its infancy were gifted hundreds and thousands of coins.

First things first, If you are investing in either Bitcoin or Gold, it’s important to understand which asset is behaving more like a bubble than the other and Bitcoin is clearly a bubble and a Ponzi which needs fake news to thrive on. 

Fake news, bitcoin is be it all and end all.

Bitcoin Flyer, more fake news.

Soon the USA Government

Bitcoin Bandit

Bitcoin will starve the banks fake news

Santa Claus is coming early this year.

Whipee its going up and up

 

bitcoin-money laundering activities.

Jimmy Loves Bitcoin. Jimmy needs to understand front running in unregulated markets leads to fraud and scam.

Listen to the audio file below to understand the meaning of front running, it happens a lot in bitcoin where the order fills are not in accordance to price. Exchanges and brokers are part of this scam, while people without any background and understanding are been suckered in.

More Fake News. Do you know Bitcoin is worth a Million and Why.

Bitcoin is still tiny, a sparsely populated island compared to the one in demand. If this is not scam than what is it?

More Fake News. Its going to a million and here is how?

For those who are unaware of a Ponzi which is also a bubble. Look up Tulip Mania.

Its unregulated and largely biased by the few who profit the most out of the high price. Caveat Emptor if you are invested.

Bitcoin needs a constant barrage of fake news and steady stream of new incomers into the scheme to justify high prices, if this is not a ponzi that what is? Its highly fraudulent by the misrepresentations occurring coupled with “Front Running” activities of brokers and exchanges in tandem with such activities.

Steve Wozniak misquoted, every statement is manipulated for higher price.

Bitcoin Fork. If Bitcoin is decentralized, then how come some minor parties, not majority, decided to create a fork and outputted a new coin? Isn’t decentralization on the basis that no single parties or minor group of parties members can control or direct outcome without the consent of the many.

Who benefits. The multiplicity of money. A revolution of no other kind.

                                 In Conclusion, Fools and their money part always fast.

Further Reading.

Federal Reserve Bank of Dallas
Globalization and Monetary Policy Institute  | 
Working Paper No. 292
Download: https://dallasfedcm.ws.frb.org/-/media/Documents/institute/wpapers/2016/0292.pdf
Does Bitcoin Reveal New Information About Exchange
Rates and Financial Integration?
* | G. C. Pieters | Trinity University | December 2016

[embeddoc url=”https://idealbroker.com/wp-content/uploads/2017/11/Feds-Dallas-Financial-Intergration.pdf” viewer=”google”]

Does Governance Have a Role in Pricing? | Cross-Country Evidence From Bitcoin Markets
Robert Viglione | Department of Finance | Darla Moore School of Business | University of South Carolina | September 2015

[embeddoc url=”https://idealbroker.com/wp-content/uploads/2017/11/Governance-pricing-2013.pdf” viewer=”google”]

 

Digiconomist’s work on Bitcoin energy consumption.



How Many Barrels Of Oil Are Needed To Mine One Bitcoin,

 

Marc Bevand: Electricity consumption of Bitcoin: a market-based and technical analysis)

Caveat Emptor,

We are attending WEB SUMMIT 2017 in Lisbon.
Get to know us.

technopreneurship_Daniel-Mankani

Technopreneurship – The Successful Entrepreneur in the New Economy – Daniel Mankani. Published 2003. Pearson Education Asia – All rights, copyright reserved Daniel Mankani { ISBN0-13-046545-3 }

Chapter The Greed >>> Technopreneurship-The Successful Entrepreneur In The New Economy.

LINKS
Disclaimer. http://ul3.com/L30qH
Back to the Beginning. http://ul3.com/aeVUG
BTAMSC – http://ul3.com/vAqdH
The Greed: http://ul3.com/pUDgd
The Hope: http://ul3.com/CuC7d
The Ignorant, Zombies: http://ul3.com/PP8Ez
Perception vs Reality: http://ul3.com/UcYb1
History: http://ul3.com/1rCFA
Chart Patterns: http://ul3.com/54VLV
Introduction to Technical Analysis. http://ul3.com/kcYCE

Writings.
INTRODUCTION TO FINANCIAL MARKETS & TRADING OPPORTUNITIES IN COMMODITY, CURRENCY, & FINANCIAL FUTURES. http://ul3.com/dAFWj
Revolutionary Transformation Ongoing. http://ul3.com/kcYCE
– Global Economic Collapse January 18, 2016


Forex Heat Maps.

June 26, 2017

[stock_forex_markets_heat_map settings=”type=forex;background=#fff”]

Banking Technologies Asia Financial Technology Widgets.
For Inquiries contact us.

A quant speaks.

January 15, 2017

a quant speaks.

You have to change for the situation to change.
Inquiry | Understand Karma.

Just like success can be programmed, failures too, are running a program, which in affect is also a program, which exhibits success.

If you are repeating failing, then the cause is no one, but you, as you suffer from the affects of failure, due to your repetitive behaviour, if so, you can also be programmed to counteract those affects, to output the desired behaviour.

As a data analyst, this will make you, understand, that with the data presented, there is no coincidences, everything is well programmed, it’s just the data lying stale there, giving us our very own understanding, of what that is.

It also tells us, if yesterday is the same as today, then tomorrow will be the same, cause human behavior is the hardest to change.

Introduction to TECHNICAL ANALYSIS.

These human behaviours, repeatedly provides us with trends, outputted at various sites of BTAMSC.

This is what we do, at banking technologies Asia. We study data, data that is clean, data that is not obtained, but gathered, studying human behavior, in current form and the past, and we store this data, and call this dataset1 {history}.

On any single day, we analyse practically everything, gathered in real time, these bots of ours, operate like spiders, they dive deep into the web, to collect everything. To know everything, and archive it into history.

We keep track of the news, via snapwire.com.

To analyse to {dataset1}, we add another sets of new data into it, our bots gather and keep track of comments on blogs and all forms of social media, and we store these as {dataset2} as name them as feelings, or thoughts.

With this new data, a new preservative is added into the spectrum, to identify, his reality, vis perception, we scrub the two datasets, against each other.

We get a pattern. A pattern of truth.

Introduction to Chart Paterns.

Most importantly, we get to develop, predictive technology, intelligence is been gathered on our system, by giving us the predicative capability, of determining the next probable outcome, with the relative degree of safety, of potential pitfalls, challenges that may arise, in the fulfillment of the most probable outcome and what if; how; and other potentially required, questions, can be outputted from such a system. The most probable trends, our current condition of inquiry, are again outputted for scrubbing, at  http://dynamictrader.com And http://dynamictrader.org, sites we operate since 1998/-.

As such, we run multiple tools of information gathering systems and run them against each other, to determine the path of most probable outcome, this is a trend, that we are attempting to identify, the path of least resistance.

Analysis is a subject of repeated inquiry, that is what it is. The questioning and repeated inquiry, of what if, why, and every such question is the subject of such inquiry, then this is what is outputted, its called Intelligence, a state of {I Know more than you.}.

We then add into {another dataset3} , we call this economy. We track financial data, of all nature.(p)

Financial s Comparison Analysis.

KINDLY ACKNOWLEDGE THIS SITES DISCLAIMER of Dynamictrader before proceeding to any of its archived content. Our permission of granting you access, is depended and subjective based upon your agreement, to all our site terms and conditions, privacy and copyright terms and respective risk disclaimers. of which, you relieve us against any liabilities now or in the future, from the use and access of information, which are raw in nature in many cases, and you may suffer losses beyond your comprehension, leading to even cause of death, if you are walking across the street in deep confusion or doubt. 

INTRODUCTION TO FINANCIAL MARKETS & TRADING OPPORTUNITIES IN COMMODITY, CURRENCY, & FINANCIAL FUTURES – Archived on: Jan 2, 1995 | http://ul3.com/dAFWj  | http://dynamictrader.org/financial-markets-trading-opportunities-commodity-currency-financial-futures/

We believe in is a world without borders. A world without barriers and monopolies protecting the inefficient are been questioned. The days of segregation are behind us. Talent remains global and capital follows it. Redundant processes once identified become obsolete. Value creation meets success. Technology deployment demands speed!. Its Human Evolution not Revolution. Will you sink or swim?.

Progressively Evolve and aggregate extensible success, deploy existing resources and reinvent. Strategic deployment and high standards delivers value to your customers, our customers!. To redefine processes, Ask BTAMSC, Give us a Challenge!.  As Quants, Data is our best friend, without bias and corruption, we identify the inefficient and make them obsolete. For a Better World! Full of Love. For you, for us and our Lovely Planet.

BTAMSC is currently seeking partners to value add in the following joint ventures. Cloud based solution upload.asia, SocialNetwork platform planetic.com, Alternative News Media, snapwire.com, P2P+Merchant Solutions payments.asia, Virtual and Social Gifting redpacket.com, Ebooks Magazine Store emagbook.com, Expats community site, escapeartist.in, Free online educational platform elearningweb.com and virtual office platform keyteams.com.

Bidlease.com – Joint Venture Opportunities.

Learn more about our company, here; http://banktech.net

Our data is not for sale. For fear of corruption and bias.
We practically have no clients, want no clients.
We seek value adding, performance driven, systematically executing; joint venture partners.

Venture capital is available, meeting such criteria.

Our Services. We can help you;
ReInvent
ReInvent the Physical Presence with a Tasks Based Efficient Digital Office.

ReStructure
Restructure skills and resources assets globally with BTAMSC start to end solutions.

ReAlign
ReAlign resources to specific tasks, objectives to meet goals, outlined in milestones.

RePresent
RePresent in various online channels and grow to your full potential.


LINKS
Disclaimer. http://ul3.com/L30qH
Back to the Beginning. http://ul3.com/aeVUG
BTAMSC – http://ul3.com/vAqdH
The Greed: http://ul3.com/pUDgd
The Ignorant, Zombies: http://ul3.com/PP8Ez
History: http://ul3.com/1rCFA
Chart Patterns: http://ul3.com/54VLV
Introduction to Technical Analysis. http://ul3.com/kcYCE

Writings.
INTRODUCTION TO FINANCIAL MARKETS & TRADING OPPORTUNITIES IN COMMODITY, CURRENCY, & FINANCIAL FUTURES. http://ul3.com/dAFWj
Revolutionary Transformation Ongoing. http://ul3.com/kcYCE
– Global Economic Collapse  January 18, 2016


And Why;
Technopreneurship Development – Daniel Mankani. http://ul3.com/kcYCE
– Published Sep 2003. Pearson Education Asia

 

Foreign Exchange

July 25, 2010

Summary – Foreign Exchange remains one of the largest financial based services available to retail clients. With combined daily turnover in excess of 2 trillion dollars, FX based services remain a key profit driver for Financial Institutions and Banks treasury operations.

With Banks already invested a large capex in their global backoffice infrastructure, an alternative route for growth is in the retail online fx space. The Industry online is largely unregulated! From bucket shops operations out of Latvia and regulated paper endorsements from little recognized countries, such as Antigua or Mauritius, there is no safety of funds for customers, as the regulartory bodies have hardly any means to ensure the regulartory framework is adhered to. Scam artist and ponzi schemes alike, FX today, is peddled by unauthorized, unregulated parties and is just another scam.

All of this is an opportunity! For any reputable financial institution to participate in and expand, Read more about BTAMSC solutions in this area. From Prominent Domain Names such as FXTRADERS.COM to VC++ windows applications.

Review IdealBroker_Technical_Overview or download.