Archive for the ‘Uncategorized’ Category

Every now and then, I have a little mercy on my wife, and I bail her out from cooking dinner with an impromptu trip to a restaurant (preferably with a buffet). In this case, it was an Eat n Park. As we ate our 5 or so helpings from the unlimited soup and salad bar, we could not help overhearing the conversation from the adjacent booth.

OK. It wasn’t much of a conversation. Maybe it was a date? All we can say for sure is that it was an uninterested female, listening to a very animated guy (about 30 years old) talk non-stop about…..a video game. The amount of detail, the characters, the strategy, how much each character costs, the amount of time devoted, and on…we got quite the dose of eSports and gaming. Not to be gossipers, but my wife and I filled in a few blanks for each other as we took turns making trips to the buffet. I mean, we were kinda curious as to just how important this game was, to warrant him NOT having a car, as the game took so much of his time and money. Yeah, his admission.

That meal really hit home just how obsessed, er, devoted gamers can be. This guy eats, sleeps, and breathes his video game. Though surely he is not alone. In fact, he mentioned many ‘friends’ whom he had never met. One guy he really admired and envied, acquired a certain coveted character! Wow! As for the girl, she was just giving dismissive ‘mmm’ responses to everything…. But it begs the question: How many more are like him?

The Rising Trend of eSports and Gaming

For better or worse, things change. Trends come and go. Fads rise and fall.

Before continuing, I should disclose that I have not personally played a video game in probably decades. I’ve been meaning to plug in that dusty Nintendo I have stored away, and play “Ice Hockey, ” but something always is higher on the to-do list. (It really is called “Ice Hockey” btw)

That said, I’m definitely aware that others do play video games… a lot…and the Rising Trend of eSports and Gaming is real. I’ve walked past my now college age cousin playing with a headset, conversing with players in-game. I’ve heard the complaints from my sister about my nephew playing too much. I know that there are gamers of various stripes.

Contrast this air conditioned ‘play time’ with that of a story from the Great Depression. My nanu (grandfather) has many stories of how they played outside as youth. They even reused construction scraps to create variations of games we know today. Or my mother who recalls how all the neighborhood kids would be outside playing baseball, hockey, sled riding, etc. My own youth was spent outside on the swing, then climbing trees (until the neighbor cut them down), playing hockey, bicycling, swimming, and so on. After all, staying in the house would be considered a form of strict punishment!

But now, many kids prefer to stay in the house playing video games….electronic sports. Pigskin is being swapped for pixels. Vulcanized rubber for a plastic remote. Helmet for a headset.

The trend is clear. ESports and gaming are on the rise.

Where else can this be measured?

Pro Sports Attendance

There has been a topic recently about Major League Baseball instituting rule changes (like introducing the designated hitter in the National League) to increase offense. Why? Attendance has been getting hammered, down 6.6% from a year ago! They believe that replacing a pitcher’s at-bat with an actual hitter will lead to more offense, which will keep better interest for fans. They overlook that the American League, which already has the designated hitter rule, has most of the lowest drawing teams by attendance.

Is this an anomaly? Apparently not. In 2015, the National Football League’s Super Bowl had a TV viewership of over 114 million. In 2018, the viewership was down to 103 million.

After the ‘Stand for the Anthem’ controversy last season, several NFL stadiums saw huge swaths of empty seats. This was not really apparent in attendance as the tickets were pre sold (it will be interesting to see what happens this upcoming season)… but the eye test was unmistakable.

Staples Center | Los Angeles, CA | League of Legends Final | 2013

Staples Center | Los Angeles, CA | League of Legends Final | 2013

The National Hockey League’s San Jose Sharks play hockey at the SAP Centre. That venue hosted the INTEL Extreme Masters gaming event and drew 12,500 fans over two days. It’s true that the Sharks draw way more than that in a single game, but the INTEL event was viewed by 4 million people from their homes! That is ALMOST as many viewers as the NHL’s Stanley Cup Final draws! So it can be said that regular season viewership of the NHL is already surpassed by eSports and gaming viewership. Yes, read that again.

More ESports photos here.

An article on growing eSports viewership here.

Sure there and many variables with these stats, like weather for baseball attendance, and live streaming for hockey viewership. The point is, rule changes will do nothing in the face of a demographic shift.

 

This entire write up is not to say pro sports is dead, but it is changing. It must not be ignored that peak professional sports may be really close, if not already here. There is major competition in the rising eSports and gaming area, and we can see that attendance and viewers of conventional pro sports is becoming a concern.

It’s not all that crazy though. None of the major sports leagues even existed 150 years ago. When compared to thousands of years of human history, what is 150 years, but a phase. And the era of ever inflationary mega contracts for the athletes is only a few decades old. There is no reason why there can’t be salary deflation. Especially if attendance and viewership continues to trend down. The owners are running a business, and none of them want to lose money.

See below this IR4 chat about the Past, Present, and Future of Video Games. IR4 stands for the 4th Industrial Revolution. Check out their IR4 Patreon page to keep up with future updates.  (note: there are a few expletives used during the eSports and gaming talk)

 

Maybe you still are not convinced that eSports and gaming are a big deal… Then you should probably go to Eat n Park for the soup and salad bar. It’s only 8$ for a limited time… 11$ if you get it with a meal.

If you are already convinced that eSports and gaming are just beginning to take off in popularity, then here are some ways to prosper.

 

Capitalize on the Rise of eSports and Gaming

We are called to be good stewards of all that God provides us. So if you do take advantage of these opportunities in the Rise of eSports and gaming, be charitable with your wealth.

Keep in mind, it may not be the best time to buy some of these companies, as some of them are overbought or heading into resistance. However, a pullback can prove to be an opportunity of a lifetime. This is to alert you to long term plays for eSports and gaming, not for specific short term trades.

 

The recently launched HUYA Inc. (HUYA) is a leading game live streaming platform in China.

huya

 

Versus Systems Inc (VRSSF) has launched the Winfinite platform, which gives developers and publishers the ability to give in-game and real-world items as prizes. 

 

Activision Blizzard (ATVI) owns the Overwatch League! This is like the National Football League of gaming… and the owner of the New England Patriots and New York Mets are already owners of teams in the Overwatch League. More on Activision Blizzard here.

 

Tencent Holdings Ltd. (TCEHY) is a Chinese company which has the biggest stake in gaming in the whole world. It has owns most of or a piece of almost everything in the eSports and gaming industry. It even owns a piece of Activation Blizzard. 

 

Electronic Arts (EA) is the owner of the popular EA Sports subsidiary. They have been churning out games for several decades and have made popular the ‘Madden’ line of football games. 

 

Mentioned in the IR4 podcast was Twitch. Twitch was actually acquired by Amazon (AMZN). Through Amazon Web Services they can not be overlooked, as they have become a cloud computing giant, and Amazon is a mainstream vehicle to get involved with ESports. 

 

Fijian e-Gaming Tournament Group is partnering with AsuraCoin, currently in ICO, to be the token for payments to their tournament winners.

 

Unikrn has the UnicoinGold (UKG) betting token… and if people bet on conventional sports, then of course betting on eSports and gaming is to follow in big numbers. 

 

Skincoin (SKIN) allows gamers a medium-of-exchange to customize characters and buy upgrades…. and obviously these in-game items have a monetary value attached, as we heard from the guy at Eat n Park. 

 

Decentraland (MANA) is a virtual reality platform of the Ethereum blockchain. Virtual Reality. 

 

Enjin (ENJ) is a cryptocurrency for virtual goods. 

 

GameCredits (GAME) has a decentralized platform for developers to reach gamers, and also is trying to become the sole payment system for internet gaming. Imagine having an application on Google Play or Apple…then cut out the middle man Google and Apple…that is what is meant by a decentralized platform for developers.

 

There are a lot of eSports and gaming options above, so you have your work cut out for you in determining which are the right investments for you. Also, many of these are competing against each other, so in some cases, a company or coin can lose to another while the overall industry takes off.

I will link a few more links here of some pages I ran across while compiling this eSports and gaming article… this one touches on WAX, CHIMAERA (not the metal band), DreamTeam, First Blood, HunterCoin, Skrilla, and BitQuest. And here is a HUGE LIST of ESports and gaming coins. Also, Steve Bannon was recently pointed out as having in a stake in Bitcoin and other cryptocurrencies, and in that article it is mentioned how he was involved with the Gaming Industry before he was involved in President Trump’s candidacy. So this industry has been around, and is still growing.

Above are a few plays you can look at if you want to take advantage of the rise of eSports and gaming. Is there something you think needs to be listed here? Please sound off below. Thanks for spending your time here. I know our time is limited and I appreciate that you chose this page on which to spend it.

Travis

JMJ – UIOGD

Former chief strategist to President Trump, Stephen Bannon, is betting on Bitcoin. Much like Donald Trump threw a wrench into the status quo of politics, Bitcoin and other cryptocurrencies can throw a wrench into how conventional banking and entire industries function.

In a New York Times article by Jeremy W. Peters and Nathaniel Popper, Bannon admits that he has a “good stake” in Bitcoin and has had private meetings with hedge fund managers, crypto investors, and those behind ICOs (Initial Coin Offerings).

bannon betting on bitcoinSome key words and quotes throughout the article would win some friends in the cryptocurrency realm…

Steve Bannon said “It’s disruptive populism…It takes control back from central authorities. It’s revolutionary.”

“It was pretty obvious to me that unless you got somehow control over your currency, all these political movements were going to be beholden to who controlled the currency,”

He acknowledged that central banks “debase your currency” and make citizens “slaves to debt.” And recycled the famous  “Control of the currency…is control of everything.”

Betting on Bitcoin is Betting on Free Speech

As the article mentions, many who identify as alt-right or nationalist have been restricted by PayPal and Apple Pay. Others have seen their sites smeared and their applications blocked from being listed on Google Play.

These groups have relied on Bitcoin and other Cryptocurrencies to get funding and donations.

One social media platform Gab.ai (of which I have invested a small amount), is even in the process of launching an SEC compliant ICO.

The article also mentions coins being created tied to national wealth, like a marble based coin by Italy. Bannon’s connection with Brock Pierce (who has a highly questionable past) who was also involved with EOS at a point, and their involvement in the rapidly growing world of gaming.

When speaking of those who are behind the cryptocurrencies and blockchain projects, the article ends with a quote, “These guys are visionaries.”

 

The entire market capitalization of all cryptocurrencies combined is still less than 300 billion! It is not too late to get in. You can follow some of my trades on Trading ViewYou can check out RealLifeTrading to learn how to trade cryptos yourself. You can follow this site for occasional info. Or you can follow others who are even more involved than I. Feel free to reach out for any questions…

Travis

JMJ – UIOGD

Association with Invalidly Married

June 1st, 2018 by Vigilo

In modern times, we are confronted with many difficult situations. We must live on this world and in this time, yet we must also live according to God’s law. One of the many confrontations, a symptom of modernism, are the amount of marriages that have ended in ‘divorce’, with the attempt of a ‘remarriage’. As Jesus Christ personally condemned this as sinful, how are we to deal with a situation that is all too prevalent?

Before continuing, maybe a refresher would be of use to explain just how sinful is a divorce and ‘remarriage.’ In Luke 16:18, Jesus Christ said: “Every one that putteth away his wife, and marrieth another, committeth adultery: and he that marrieth her that is put away from her husband, committeth adultery.” In Exodus 20:14 we plainly read “Thou shalt not commit adultery.” Sacred Scripture is very clear on this matter and you can see that by reading Jeremias 5:7 Ecclesiasticus 23:33 Matthew 19:9 to list a few. Again, this is NOT the opinion of this author on how we SHOULD have association with invalidly married persons. This is the TRUTH of Christ and the Church on how we MUST treat association with invalidly married persons.

So now that we know what adultery is, and that it is sinful….What is the appropriate Association with Invalidly Married?

For some guidance on the matter, below is Father Connell’s Answers to Questions (AER, 1948, Vol cxviii, p. 306)

Association with Invalidly Married

Question: What should be the practice of Catholics in the matter of association with persons who have been divorced and have attempted another marriage? Nowadays, it is not unusual for Catholics, especially those who are well-to-do and move in more “exclusive” circles, to associate as freely with such persons as with those who are properly married. Some Catholics do not hesitate to attend the remarriage of a divorced friend in the presence of a civil magistrate or a non-Catholic clergyman. Catholic parents are sometimes faced with the problem as to whether they may or should attend the marriage of their daughter to a divorced man outside the Church. What norms can be proposed to Catholics to guide them in situations of this kind?

 

Answer: The questioner has brought has brought up one of the most difficult problems in modern American life. Persons who have been divorced and “remarried ” are now numbered by the hundreds of thousands in our country. They are found in all classes of society; they represent all religious denominations, including even some who call themselves Catholics. Association with such persons cannot be entirely avoided. They live in the same apartment houses as Catholics, they are found among the tradespeople and professional men and public officials with whom the faithful transact business, they are their fellow workers in shop and office, they are their employers or their employees. To avoid all contact with such unfortunate persons nowadays we should have to bury ourselves in a desert.
The chief moral problem centered about association with those who have attempted remarriage after divorce (whom we shall call simply “divorced persons” hereafter) is the scandal which such association may cause. The scandal consists principally in the fact that by freely associating with such persons Catholics are likely to give the impression that they regard the conjugal life of the couples in question as perfectly lawful, or as only slightly culpable. Other persons who are contemplating divorce may in consequence be more inclined toward severing their marriage tie. The couple themselves may be encouraged in their efforts to persuade themselves that their union is a genuine marriage. Those who are not well instructed in Catholic doctrine may be led to believe that the Catholic Church is mitigating its teaching on divorce, and that it will be only a matter of time before the Church will fully conform to the standards of the modern world.
It would be impossible to lay down rules for the guidance of Catholics that would adequately cover every possible case. But the following general norms, we believe, will be helpful:

Business Relations and Pleasure

Purely business relations with divorced persons are ordinarily permissible. To trade in a store whose owner is a divorced man, to consult a lawyer or a doctor enmeshed in a similar marital entanglement, to attend a ball game when several of the players are divorced men – such activities would be allowed to Catholics, even though only their own personal utility or convenience or pleasure is thereby promoted. Under this heading would come those meetings which appear to be of a social nature, though actually business is involved, such as the visit of the junior member of a firm, aspiring to advancement, to the home of the senior member who happens to be divorced. Similarly, to attend a motion picture whose star actor has been divorced and remarried three times would not be forbidden, provided the picture is not itself objectionable. In saying that these things are permissible we do not intend to deny that it would be more commendable in some instances for Catholics to abstain even from such associations with those whose marital status is opposed to God’s law. For example, it might be a healthy move if Catholics banded together to boycott motion pictures which feature actors and actresses who flaunt even the fundamental canons of decency in their private lives.

Social Relations

Purely social relations with a couple, one (or each) of whom is known to have a previous spouse still living should be avoided by Catholics or at least reduced to the minimum. When Catholics are as friendly with such couples as they are with decent people, properly married, they manifest little regard for the attitude of their Church towards those who so gravely violate the divine law. For the Church declares such persons ipso facto infamous (Can. 2356). And it is difficult to excuse Catholics from the grave sin of scandal if they frequently attend parties and dinners at the homes of such persons, or perhaps even spend a few days with them from time to time, and reciprocate by an invitation to their own home. The strange fact is that these same Catholics would emphatically decline an invitation to a social function in a household of which the master is openly living in concubinage without having had any marriage ceremony. Yet, according to Catholic belief, the man who has divorced his lawful wife and attempted remarriage as actually in the same situation. The mere fact that he and his partner with through the marriage service before a minister or justice of the peace does not alter the fact that, as the Catholic Church views the matter, they are living openly in adulterous union. Why then, should not Catholics realize the incongruity of giving this couple the same respect and courtesy that are given to a man and a woman living in honorable wedlock? At most, a very rare exchange of visits might be permitted, when some special occasion calls for it. But when Catholics associate frequently and regularly with divorced persons for merely social reasons, I would consider them guilty objectively of grave sin; if they do so only occasionally without any justifying reason, it would seem to be a venial sin. The case is not changed substantially by the fact that the couple are non-Catholics and are apparently convinced that their marriage is valid; though of course, when they are Catholics the danger of giving scandal by association with them is greater.
More leniency could be exercised when the association involves only one of the parties— for example, when a group of men invite a divorced fellow-worker to accompany them on a fishing party. Again, Catholics would not be guilty of scandal if they attended a social function in the home of a friend to which a divorced person and his present partner were also invited. But this should not happen very frequently. In other words, Catholics should not become regular members of a social group in which divorced persons are fully acceptable.

Attendance and Reception

Apart from most unusual circumstances, a Catholic would not be permitted to be present at the attempted remarriage of a divorced person (nor, a fortiori, to act as bridesmaid, best man, etc.), knowing full well that such a union is invalid in the sight of God. Such attendance would ordinarily be gravely scandalous. Speaking of an analogous case, the attempted marriage of a Catholic before a non-Catholic minister, Davis says: “Assistance at a mixed marriage in a Protestant church would not be tolerated, since this would be co-operation in violating a serious church law that forbids mixed marriages without dispensation, and such a marriage would now be invalid” (Moral and Pastoral Theology [New York, 1938], I, 286).

Parents or near relatives of a Catholic involved in such an unfortunate union might argue that by attending the “marriage” they can retain the good will of the erring one and thus have a better chance of later inducing him to turn away from the sinful cohabitation. But, even if there is such a probability, it would not seem sufficient reason to outweigh the grave scandal that would almost certainly ensue. Moreover, there would usually be just as much probability that a severe attitude on the part of the parents or relatives will open the eyes of the misguided Catholic.
After a marriage of this kind has occurred the parents may – and even should – show the sinner that their love and sympathy are bestowed on him in full measure, but that they are unchanged in their condemnation of his evil conduct. It would be permissible to invite him to visit them; but visits from the couple together should be definitely disapproved, or at most allowed only rarely. On the occasion of a large gathering – for example, when the parents are celebrating their golden wedding anniversary or when a son of the family is offering his first Mass – a difficult problem is presented, but I believe that Catholic principles require in such an event that the couple should not be invited. At most, the one who is a member of the family could be asked to come.

Perhaps to some Catholics these norms may appear too strict. It must be admitted that they are not in accord with the customs of the day, which regard the marriage bond so lightly. But, in view of the scandal that is undoubtedly caused by the apparent recognition of a union that is a grave violation of God’s law, it seems that priests should guide the faithful according to the principles that have here been set down. There are times when pastoral prudence will suggest that individuals be left in good faith; but that does not justify priests in failing to give general instructions concerning a problem which occurs so frequently and which so vitally affects the sacredness of the sacrament of Matrimony.

 

Though it may not be easy, let us take the guidance from Father Connell, and the grace from God, and live according to our Faith.

-Travis

JMJ – UIOGD

A Blessed Resurrection to you!

As a relatively early adopter of bitcoin and cryptocurrencies, I was the first to introduce quite a few people to the world changing technology of blockchain and associated projects. One of those people was Jerremy Newsome of the IR4 podcast and Real Life Trading. The IR4 podcast had me on last week and we discussed some bitcoin predictions, governmental policies, and ICO’s among other things. Hope you find it valuable, enjoy!

links relevant to the podcast….

Start Engine – Equity Crowdfunding Investment Opportunities

Gab ICO – Initial Coin Offering for GAB Free Speech Social Network

Start Engine ICO Summit – Network and learn about the upcoming ICOs set to disrupt the industry

CLOUD Act – A privacy infringing expansion of data collection powers

$10,000 Bitcoin – Our article from December 2016, calling for $10,000 Bitcoin, back when the price was only around $1,000.

IR4 – It’s the Fourth Industrial Revolution Podcast – You can find information surrounding Global consciousnesses, the way we interact, conduct business, and overall live as human beings. Check it out to heat about everything from entrepreneurshipAIblockchain techIoTeco intelligencenano techcryptocurrenciesfundraisingwearable techquantum computing, 3D printing and all other things changing the world. See their Patreon page HERE.

Real Life Trading – Is Jerremy’s trading group. You can get some free content there, as well as have the opportunity to join the trading groups (morning and/or afternoon sessions), get the Weekly Options Newsletter, or delve into the Cryptocurrency Trading course.

-Travis

JMJ – UIOGD

Cryptocurrencies are here to stay, and I believe that blockchain technology will change the world and eventually find in a place in our everyday lives, BUT there are scams and frauds that must be navigated around on the way up.

There is good and evil in this world, and evil will always try to perpetuate some scheme in an attempt to satiate their vices. Today it is this, tomorrow it is that. This article intends to point out a few of the mines in the mine field, the reader can decide which are evil or not.

For more context, in December 2016, this site foretold bitcoin reaching $10,000. Eventually, it will reach another all-time high, much higher than that. (the only disclaimer is if another coin dethrones bitcoin dominance in the meantime) So this article is from the mind of a long term crypto bull, but in the short term, I’d really like to see this current batch of mines cleared out before really getting bullish again.

Crytopcurrency Mines

Ponzi schemes like Bitconnect, Issuance of Tether, Possible Futures manipulation, Initial Coin Offering scams, Pump-and-Dumps, and Mt.Gox Trustee distribution are a few main issues right now.

If you are more of a visual learner, you gotta see this video. It’s about 40 mins…called Decentralized Deception.

Actually, everyone reading could benefit from the video. You will hear clips from the perpetrators themselves. You will also see the unfortunate conclusion for some people of the scams, like one man who was streaming from his new home, aka his car.


Ponzi schemes like Bitconnect are featured in the video and don’t require much more comment here. Watch the video and do your due diligence.

TETHER (USDT)

Tether (USDT) and the bots trading the Tether prints appear quite nefarious. On Tether’s own site, they have a 6 months old “Proof of Funds” report. Well 6 months ago there were only about 400 million Tethers. Today there are 2.2 BILLION. Now you may say “Travis, how much of an impact can 2 billion have on a market that is 400 billion?”

Fair question. But if you know about trading, you know it is a story of sentiment. And if you know that bitcoin dominance is down to around 40%, then you know that bitcoin’s market cap is around 153 billion.

Please stay with me… For the unaudited Tether to go from 400 million in September 2017 to 2.2 billion in March 2018, there would have to be an average of 10 million Tether added per day!! Now, Tethers are not printed daily, so these Tethers would be added more infrequently and in bigger batches, like 50 million or 100 million at a time. So with that, lets look at what a 100 million dollar dump would look like to a normal stock.

Let’s take Pepsico as an example of the issue here. Pepsico (PEP:NAS) trades at about $112.75 per share right now, and has a market cap of 160 billion, close to bitcoin’s 153 million. If one were to buy 100 million dollars worth of Pepsi stock, they would buy 886,917 shares. Pepsi’s average daily volume is around 4,000,000 shares. So a strategically placed order of 886,917 shares (more than 20% of daily volume) would have a considerable impact on the price of Pepsi and the sentiment around it. This is quite simple, and in reality, the application of this trade would be more complex, but I just want to show you what impact Tether has on bitcoin, if it is being printed out of nothing.

In bitcoins case, $100 million can buy almost 11,000 bitcoin. Most exchanges do not have 11,000 volume in an entire day. So hopefully you can see how it wouldn’t take much to manipulate the price. I assume it would go something like this..

1- Tether printed. 2- USDT traded for BTC  3- Spike in volume and price increase drives sentiment to bring in more buyers. 4- Arbitrage bots reach target and trade BTC for US dollars. 5- Tether now has USD to cover some of the new printing. 6- BTC price eventually falls. 7- More Tethers printed. Repeat.

To me, the faster Tethers crash the better, no matter what happens to the price of bitcoin and other cryptocurrencies because of it. Until then, I guess all that we can do is refuse to trade USDT, even if it’s convenient to use on any given exchange, don’t trade it. Whether it’s liquidity or regulator clamp down, Tethers need a bitconnect moment, in my opinion.

And if you want more, here is a THEORY of what a possible Futures manipulation would look like using Tethers.

 

Mt.Gox Trustee

As if the pressure of Tethers on the market was not enough, we have the Mt. Gox bitcoin dump to contend with. Mt. Gox was an exchange that went belly up, and years later, the bankruptcy trustee is recently moving the bitcoin from cold storage onto exchanges. This has a similar effect as the Tethers from the previous section. Below you can see the distribution of bitcoin, and the impact it had on the market.

mtgox-dumps

 

This is the impact of 40,000 BTC. The trustee has 160,000 BTC more from what I can tell. As of this writing, there is no word on future distributions, as it seems the next court proceedings are not until September 2018.

Whether it’s Tethers or Mt.Gox dumping, these actions have huge impact on the price of bitcoin. When they do it on any one exchange, it is more than enough to trigger a large enough move, which then triggers existing stop and/or limit orders, and can bring the entire market down in short time. Trade responsibily.

 

Ongoing Scams

Tether and Mt.Gox are the big fish to me right now. Though in general you should always beware of ICOs and Pump-and-Dumps, etc. These will be ongoing obstacles.

Initial Coin Offering – ICO

As the use of cryptocurrency and blockchain technology develops, there will be many new coins and utilities. They will range from between ‘world changing’ and scams. Before investing in any ICO, read it’s whitepaper, study the team behind it, and exercise overall diligence.

Pump-and-Dumps

Just see twitter or certain ‘newsletters’ and these will not be hard to find. A person/group will shill for a coin, drive it’s price up, then dump it.

FUD

Fear, Uncertainty, and Doubt. This is a disinformation strategy used by others to influence perception in order to attain a certain goal. Fake news.

Regulations

As crypto grows, so will the attempt to regulate it. Regulations in of themselves may not be that bad, some may actually be good and beneficial. But again, learn to discern between the actual regulation being discussed, and the aforementioned FUD surrounding it.

Tether Alternative

Back to Tether for a moment.

There has been news lately of Amazon inquiring about banking. Ask yourself…if Amazon or Apple took some of there cash and made a real 1:1 crytpo USD pair, do you think the price of Tether would crash? I do. Even those weary of a Jeff Bezos world takeover would still trust him over Bitfinex and Tether.

Actually, I find it amazing that no major, regulated bank has tried this. They could literally issue their TRANSPARENTLY AUDITED 1:1 USD crypto, then charge a meager fee for the customer to exchange to USD at anytime. Maybe legally it would have to be a separate entity from the actual bank… but one of the banks or an Amazon/Apple should clear with the SEC to see what would be legal…and do it. Just do it honestly.

This seems like a no-brainer for Amazon or Apple to do to essentially accept bitcoin at checkout, without the risk of the volatility. And I suppose the ideal coin would have an elastic supply, instead of a fixed one, to maintain the 1:1 ratio with USD. Anyway, I’m sure some developer could figure it out for a price that Bezos can easily afford.

Closing

Once the current mine field is cleared out, those of evil nature will no doubt devise other schemes to attain ill gotten gains. Such is a part of the ongoing battle between good and evil. We will just have to be vigilant as cryptocurrencies continue their widespread adoption.

All and all, I still believe cryptocurrencies and blockchain will be an integral part of our lives. I still believe they will change the finances of many that ‘invest’ in them. This is to serve as a warning to navigate the obstacles in realizing that ascent. Also, may this serve as a psychological aid for if the time comes when prices become unbelievably low again. That you view it as an opportunity of a lifetime, not the end of it.

Among all that was in this article, you can still actively trade crypto with this knowledge. Though I only recommend it with proper attention and risk mitigation. You can learn a lot about this and get access to a crypto trading program from RealLifeTrading. Disclaimer: I am currently subscribed there.   

Also, you can find several people who know what they are doing on Trading View like MPC and RLT.

Did I misrepresent anything? Do you have anything to add or correct? Please comment below if so.

Hope this article serves you well.

-Travis

God Bless

JMJ – UIOGD

Second Vatican Council Series (audio)

December 31st, 2017 by Vigilo

This is a great series on the Second Vatican Council. Bishop Sanborn addresses head on, the inconsistencies and confusion, born out of the Second Vatican Council. This series will contain many answers to the questions you have today.

Substantial vs Accidental Changes?….Fundamental Error of Vatican II

Heresy of Ecumenism….Liturgical Changes of Vatican II

Doctrinal Errors of Vatican II….The Heresy of Lumen Gentium

Errors of the Decree of Ecumenism…. The Errors of Religious Liberty

Error of Collegiality….Evil Disciplines Regarding Ecumenism
False Doctrines & Evil Disciplines regarding Marriage