Daily Archives: September 1, 2018

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Why Should We Run from Sexual Sin?

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The proper place for sex is between a husband and wife. Outside of that relationship, sex is destructive to you and to others, just like an out of control fire.

Written by Dan Lee on 22/02/2015
Series: Weekly Devotional
Tags: Love, Lust, Marriage, Pleasure, Relationship, Sex, Sin, Temptation
“Flee from sexual immorality. Every other sin a person commits is outside the body, but the sexually immoral person sins against his own body. Or do you not know that your body is a temple of the Holy Spirit within you, whom you have from God? You are not your own, for you were bought with a price. So glorify God in your body.” 1 Corinthians 6:18-20

A fire provides warmth, light and comfort. But if a fire gets out of control, it can destroy your home, your possessions and even your life. Sex is a lot like that. The proper place for sex is between a husband and wife. Outside of that relationship, sex is destructive to you and to others, just like an out of control fire. Here are 3 important reasons to avoid sexual sin.

1. Sex Affects Our Body, Mind and Spirit
God created us with a body, a mind and a spirit. These parts of us are completely woven together. When we use our bodies to do things outside of God’s will, we not only impact our body, but our mind and soul as well.

2. It Offends God
God wants us to avoid sexual sin. 1 Thessalonians 4:3 says “God’s will is for you to be holy, so stay away from all sexual sin.” When you came to know Christ, His Spirit came to live in you. When we sin sexually, we are, in a way, “taking Him along for the ride” – to a place He tells us not to go. After King David confessed his sexual sin, he addressed God, saying “Against you, you only, have I sinned, and done what is evil in your sight” (Psalm 51:4).

3. It Hurts Others
Jesus said, “If you cause one of these little ones who trusts in me to fall into sin, it would be better for you to have a large millstone tied around your neck and be drowned in the depths of the sea” (Matthew 18:6) The Lord uses very strong language here, because our responsibility as His followers is to teach others godly behavior that glorifies Him. Leading another believer into sin is the exact opposite of what we should do.

When we are tempted to lead someone we believe we love into sin, we have to question if the feelings we have for that person are really love. After all, God reveals to us that love is patient, not selfish, and that it does not take pleasure in evil. Instead, love waits patiently with the best of intentions toward the other person. (1 Corinthians 13:5-7, Ephesians 5:25-28)

How do we leave sexual sin?
God always gives us hope and a way out (1 Corinthians 10:13). Whatever you have done, know that God is always ready to forgive (1 John 1:9). Are you ready to accept Jesus and leave sexual sin? Click here to start a new life with Jesus.

Pray this week:
Lord, thank you for reminding me that because you have bought me with a price, that I am not my own. Help me through the power of your Holy Spirit to glorify you with my body and in every aspect of my life. Give me the courage to seek the help I need.

What reason is most effective in helping you avoid sexual sin – affects your body, mind, spirit; offends God; hurts others? Talking to someone is vital in overcoming this area of sin; don't wait to get help.

Alan Zibluk Markethive Founding Member

Markethive

Bitcoin At 7000 Undervalued Or Overvalued

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Bitcoin At $7000, Undervalued Or Overvalued

Bitcoin At $7000, Undervalued Or Overvalued?

At $7,000, Bitcoin can be both undervalued or overvalued, depending on how the “intrinsic” value of the digital currency is calculated.

After testing the $6000-mark for a while, Bitcoin has staged a big comeback lately. In the last seven days, the digital currency has rallied 6.15%, trading close to the $7,000-mark. Other cryptocurrencies have rallied in sympathy—see table 1 and Table 2.

Table 1

Coin %7d

Bitcoin (BTC) 6.15%

Ethereum (ETH) 1.35

XRP 3.22

*As of 8/31/2018, at 4pm.

Source: Coinmarketcap.com

 

Table 2

Number of Cryptocurrencies That Advanced/Declined In The Top 100 Ranks Over The Last Seven Days

Cryptocurrencies Advance/Decline Number

Advance 84

Decline 16

*As of 8/31/2018, at 4pm.

Source: Coinmarketcap.com

The rally in cryptocurrencies have some experts cheering. One of them is Global Blockchain CEO, Shidan Gouran, who sees a 'hard value' at$6000. “What this means for the present is that motion is already happening. Because it costs about $6,000 to mine a Bitcoin, it couldn’t go too much lower than that. If no one sees any value in it, it will naturally only command its ‘hard value’ price of about that much. But as we can see, people clearly do see value in it. For example, the efforts to legalize a Bitcoin ETF are persisting. Further, story after story is hitting the news about big-name institutions taking steps to trade Bitcoin. While the idea of these big-time uses of Bitcoin were nothing more than a fantasy about a year ago, the signs are actually starting to emerge that it’s going to happen. So undoubtedly, this is stimulating demand to some degree.”

Clement Thibault, Senior Analyst at Investing.com, doesn’t share Gouran’s enthusiasm. "$7,000 is a level we've seen before so I don't regard it as a particularly noteworthy milestone,” says Thibault. “Psychologically, there might be something to it for speculators but the price is completely disconnected from any meaningful fundamentals. If the level was the result of an event, development, or adoption, that would be something more substantial — but at this point, we're trying to invent a narrative to explain the price action when there's nothing to explain."

What do econometric models say? My co-author of an academic paper on Bitcoin valuation, Greg Giordano, ran three econometric models — the Haye’smodel, the Wheatley model, and the Market Model (our own)—see table 3.

On the one side, the Hayes’ model and the Market Model estimate the Bitcoin’s intrinsic value to be $8,778.11 and $8,335.54 respectively. This means that at the current price level the digital currency is undervalued.

On the other side, Wheatley’s Model estimates Bitcoin’s value to be $1,080.58. This means that at the current price the digital currency is overvalued.

 

Table 3

Three Estimates Of Bitcoin’s Intrinsic Price*

Econometric Model Price Estimate

Hayes $8,778.11

Wheatley $1,080.58

Market Model $8,335.54

 

 

Panos Mourdoukoutas

Contributor

 

Alan Zibluk Markethive Founding Member