Snap Inc. It was billed as the next big tech stock that had investors frothing. The next Facebook Inc or Google. Unfortunately, It’s been a rough year for the company and for shareholders. It could get worse before it gets better. The earnings report is in and, well, things aren’t looking good…
There’s an old saying in the markets: The fastest way to make a million dollars is to start with two million. Once again, another fund manager has added credibility to this maxim.
The contentious SegWit2x fork for bitcoin has stalled. In fact, it could be called off entirely. The proposal was aiming to double bitcoin’s block size to two megabytes. A move that had divided the bitcoin community.
The energy industry is one of the first to commercially adapt blockchain technology on a global scale. First it was the banks chasing this tech. Now the oil and gas sector wants in.
There’s a key piece still missing in Amazon’s Australian expansion plans. One that could be as important to its logistics operations as refrigeration technology is to the meatpacking business.
Bitcoin surged up to around US$7,700 after this announcement. That is almost US$1,000 over the amount it was trading a week before. It has since dropped and is now trading at around US$7,350.
Did you know that when your stock holdings go up and down, your brain releases chemicals to generate a response from you? When stocks rise, you get a shot of dopamine and serotonin. It’s your brain’s way of encouraging you…
This two-tiered financial system does nothing more than prevent normal people from growing their wealth. It’s skewed towards protecting the big earners, while ensuring the taxpaying masses continue to plod along and pay their ‘fair share’.
We are glad and, at the same time, regretful that we have launched two cryptocurrency services. However, we like to think that by giving folks advice, and educating them on the sector, they’ve become wiser about how it all works.
Investors simply aren’t worried about anything. Which means the market isn’t priced for any kind of worrying event. When you get such pervasive optimism, it is indeed a time to be worried.