Monthly Archives: June 2019

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ULTRA-BULL CASE’ FOR BITCOIN DRIVEN BY CENTRAL BANKS ANTHONY POMPLIANO

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‘ULTRA-BULL CASE' FOR BITCOIN DRIVEN BY CENTRAL BANKS – ANTHONY POMPLIANO

‘ULTRA-BULL CASE’ FOR BITCOIN DRIVEN BY CENTRAL BANKS – ANTHONY POMPLIANO

The Rundown

 

  • ‘A Perfect Storm for Bitcoin’

  • Era Defining Moment for BTC

Anthony ‘Pomp’ Pompliano of Morgan Creek Digital believes Bitcoin is about to experience an epoch-defining next 18 months.

 

‘A PERFECT STORM FOR BITCOIN’

Speaking to Bloxlive TV earlier in June, Pompliano said the next 18 months will be crucial for Bitcoin. The Morgan Creek Digital co-founder believes the plethora of developments with potentially global economic impacts will contribute to upscaling Bitcoin’s role in the global financial system.

Will Bitcoin Reign as King in Times of Economic Instability? @APompliano shares his thoughts with @BloxliveTV https://bloxlive.tv/stories/s73news/22056-20190604-nob/93906-anthony-pomp-pompliano-talks-bullish-on-btc-us-china-trade-war …

Pomp drew a line linking trade tensions between the U.S. and China, dovish central bank policies and the 2020 Bitcoin halving as important drivers that will have a positive impact on BTC price.

According to Pompliano:

Over the next 12 to 18 months, we are going get a perfect storm for bitcoin. There are a number of events that are going to happen at the same time. Central banks will be forced into some interest rate cuts, maybe some QE. These events [will] ultimately drive Bitcoin into an ultra-bull case.

Already, several market analysts warn that the current global economic trajectory is one tending towards another financial crisis. Bitcoin appears to be in prime position to ride this tumultuous economic wave, offering, as Bitcoinist called it in an op-ed late last year, “a non-political alternative to the money printing pyramid.”

ERA DEFINING MOMENT FOR BTC

Monetary policymakers around the world from the Federal Reserve in the U.S. to the Bank of Japan (BOJ), and the European Central Bank (ECB) are all adopting dovish policies.

There are reports of adopting rate cuts or even zero-interest-rate policy (ZIRP), not to mention the seemingly permanent quantitative easing used to paper over the cracks of a deteriorating market.

Bitcoin emerged after the 2008 financial crisis and the next year-and-a-half could potentially form its defining crucible. This ‘digital gold’ is already providing a suitable shelter for investors against the coming financial storm. Ironically, it is the banks themselves that could further solidify its status as the prime driver in the separation of money and state.

federal reserve system

If the separation of church and state opened the way for religious and political freedom, Bitcoin proponents argue that a politically-neutral, opt-in monetary system could do the same for economic freedom. In other words, it can do to money what the internet did for information.

Bitcoin in many ways has the ability to ‘scale trust’ in society by completely removing it from the equation. This will be particularly important when it comes to transferring and storing value compared to the ‘full faith and credit’ fiat money that has been holding the global financial system hostage.

Bitcoin will hopefully be a fully realized store of value when, not if, the credit bubble inevitably bursts

 

OSATO AVAN-NOMAYO · @3RDPESINSINGULA | JUN 12, 2019 | 15:00

Alan Zibluk Markethive Founding Member

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God’s Words: Faithfulness

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Life-transforming words

Written by Gary Fleetwood on 27/03/2018

Series: Weekly Devotional

Tags: Faith, Faithfulness, God, Faithful

But the fruit of the Spirit is love, joy, peace, patience, kindness, goodness, faithfulness, gentleness, self-control; against such things there is no law.

Galatians 5:22-23

I just love the word “faithfulness.” If there is any quality I want to always be developing in my life, it is being faithful to God. It is very difficult to be useful to God if we are unfaithful to Him. Faithfulness is the idea of someone being able to depend on us to do something for them. We all know how disappointing it is when someone tells us that they are going to do something for us, but then they fail to do it. If someone tells you that they will pick you up at 8 a.m., but they never show up, I doubt seriously that you would even ask them to come to get you again. Why? Because they were unfaithful in doing what they promised they would do.

I had a great friend who just died of brain cancer. After he found how he had cancer, he only lived about one year more. As he got closer to the end of his life, there were many of us who would take turns going to his home, visiting him in the hospital, spending the night with him and helping his wife move him and feed him. People cut their grass, took their children different places, fixed meals for them and came and just spent time with the family. It was the faithfulness of these friends that helped the family get through a very difficult time in their life.

So, exactly how does God define “faithfulness”?

The easiest way to understand that question is to simply look at the life of Christ and see how He lived. In everything He did, He was willing to do exactly what His Father wanted Him to do.  He never once swerved from doing what His Father sent Him to do – to die for our sins. Jesus fully knew what the enormous cost would be to Him personally, but He was always faithful to God’s will for His life no matter the cost. 1 Corinthians 4:2 says this about being faithful: “Moreover, it is required of stewards that they be found faithful.”

In other words, if we are going to be someone who God can trust to do what He wants us to do, then we must “be found faithful.” No one would consider a man to be a faithful husband if every two or three years he would divorce his current wife and go find another woman to marry. That would be a good example of what it means to be unfaithful. None of us would want to hear that our marriage partner was faithful to us 98% of the time. That would be just as bad as being unfaithful all the time. To be faithful means to remain, to stay, and to continue with someone no matter how difficult life may be at times.

So, how should I demonstrate faithfulness in my life? 

Well, the best way to demonstrate “faithfulness” is to simply be obedient to God’s Word. We would never consider someone to be a faithful friend who was always doing things that would hurt us in some way. Maybe they would make a promise to us that they would help us finish something that we were building, but then they would never come over to help as they had promised. For someone who is a fully devoted follower of Christ, the best way to demonstrate faithfulness to Christ is simply to be obedient to His Word. Jesus said this in John 14:15: “If you love me, you will keep my commandments.” 

That may be one of the simplest yet most important statements in the Bible because it defines how God measures our love for Him. If someone is always disobedient to God’s Word, then in essence they are not being faithful to Him and really do not love God. If you have children, you want respect from them, and the way they show respect is by being obedient to you. If you own a business, the way your employees show respect is by being more than willing to do what you ask them to do and to do a good job. Well, it is no different in the Christian life. God the Father calls on us to simply be faithful to Him, and we do that when we remain obedient to His Word.  

Does faithfulness have a reward?

Sure it does. Jesus gave a parable about faithfulness and this is what he said in Matthew 25:23 to those who were faithful.

“His master said to him, ‘Well done, good and faithful servant. You have been faithful over a little; I will set you over much. Enter into the joy of your master.’”

We will never be disappointed in how God rewards faithfulness, so be encouraged that you can truly be someone that He sees as a good and faithful servant.

Pray this week:

Lord Jesus, when life seems to bring me a very difficult test, my prayer is that You would help me to be faithful during the trial so that You can be glorified in my life.

If someone were to look at your life, would they consider you to be a loyal and faithful servant of Jesus Christ?

Alan Zibluk Markethive Founding Member

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Bitcoin BTC Price Approaching Next Break – Bullish or Bearish?

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Bitcoin (BTC) Price Approaching Next Break - Bullish or Bearish?

Bitcoin (BTC) Price Approaching Next Break – Bullish or Bearish?

  • Bitcoin price recovered recently above $7,900 and $8,000 against the US Dollar.

  • The price failed to stay above $8,000, formed a swing high at $8,080, and recently declined below $7,900.

  • There is a key breakout pattern forming with resistance near $7,940 on the hourly chart of the BTC/USD pair (data feed from Kraken).

  • The pair is currently under pressure and there is a risk of more losses below the $7,800 support.

    Bitcoin price failed to gain momentum above $8,000 and declined recently against the US Dollar. BTC is currently approaching the next break and it might breakdown if the bulls struggle near $7,950.

Bitcoin Price Analysis

Recently, bitcoin price started a decent recovery above $7,800 and $7,900 against the US Dollar. The BTC/USD pair even broke the $8,000 barrier and the 100 hourly simple moving average. However, the price failed to gain bullish momentum and formed a swing high at $8,080. As a result, there was a fresh decline below the $8,000 support area. The price broke the 23.6% Fib retracement level of the recent recovery from the $7,520 swing low to $8,080 high.

There was also a spike below $7,900 and the 50% Fib retracement level of the recent recovery from the $7,520 swing low to $8,080 high. Finally, the price broke the $7,800 support area before the bulls took a stand near the $7,750 level. Moreover, the 61.8% Fib retracement level of the recent recovery from the $7,520 swing low to $8,080 high acted as a strong support. At the moment, the price is trading above $7,800 and the 100 hourly SMA. More importantly, there is a key breakout pattern forming with resistance near $7,940 on the hourly chart of the BTC/USD pair.

Therefore, the pair seems to be preparing for the next break either above $7,950 and $8,000 or below $7,800. If there is an upside break above $8,000, the price is likely to climb further higher. A follow through above $8,080 is likely to put the bulls in control. The next important resistance is near the $8,200 level. On the downside, an initial support is near the $7,800, below which the price could decline again towards $7,600.

Looking at the chart, bitcoin price is showing a few bearish signs below $8,000 and $7,900. If there is a fresh decline below $7,800, the price could move back in a bearish zone. It may also diminish the chances of a break above $8,200.

Technical indicators:

Hourly MACD – The MACD is losing momentum in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently below the 50 level and is moving higher.

Major Support Levels – $7,800 followed by $7,700.

Major Resistance Levels – $7,950, $8,000 and $8,080.

 

Aayush Jindal

1 min ago

 

Alan Zibluk Markethive Founding Member

Markethive

God’s Words: Self-Control

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Life-transforming words

Written by Gary Fleetwood on 10/04/2018
Series: Weekly Devotional
Tags: God, Self Control
But the fruit of the Spirit is love, joy, peace, patience, kindness, goodness, faithfulness, gentleness, self-control; against such things there is no law.

Galatians 5:22-23
Have you ever met a really physically strong person? Well, I have a son and a son-in-law who are both very, very strong. They lift weights and work out a lot to strengthen their body. So, when I have some really heavy things to move, you can just imagine who I call to help me. The word “self-control” comes from a word that means “strength” or “to be strong”. However, it is not a physical strength that is referred to here, but a spiritual strength. When someone is exercising “self-control” they are allowing their life to be controlled by the Spirit of God. There will always be things that happen in our lives that will make us angry, this will cause us to react in a way that is not pleasing to God. This is the attribute of “self-control” really helps us. It keeps us from saying something or doing something that we might regret.

Sometimes I feel a little helpless, so what can help me to have this self-control?
Have you ever seen a really good athlete? What helps them to perform at a high level from game to game is that they are constantly training, always keeping their body in shape, and always practicing their sport to keep developing their skills. They watch what they eat and how late they stay up at night.  To be a good athlete takes a lot of hard work and self-discipline. It requires staying really focused on what they are doing. Developing self-control is no different. It comes from developing self-discipline in our lives. I have a grandson who is a great athlete. He practices for nearly 4 hours every day after school to develop his skills. He is very good. In the same way, self-control is something that we have to work at every day. We guard our words. We discipline ourselves to make the most of our time and our opportunities. We do not overreact to things. We read our Bibles and meet with other Christians regularly.

So what does all of that do for me?
It’s simple. It builds spiritual strength into our lives. Proverbs 25:28 says this about a man without “self-control”,

"A man without self-control is like a city broken into and left without walls."

What a great picture! It is a picture of a city that has had all of its walls broken down. That is what a person without “self-control” is like. They have no defense against the difficult moments which will happen in their life. They will find themselves just reacting to things and then trying to just pick up the pieces of their bad decisions. Over the years I have had to do a lot of marriage counseling, and one of the things that has become obvious to me is that the marriages that ultimately fail generally do so because either one or both of the marriage partners failed to exercise self-control in their life. They just yelled at their partner or their children. They were willing to hurt people. They would become angry and say very hurtful things. They made quick and bad decisions. Why? It is because they simply lacked “self-control”.

Can you give me an example of how this can work out in a practical way in my life?
One of the greatest areas that needs to be worked on is that of guarding what we say. Our tongue is always the first place that we fail because it is so easy to say something when we are frustrated or have been hurt. We just react, and generally without thinking. It is almost our way of getting back at someone.  James 3:5-6 speaks to this so clearly when it says,

So also the tongue is a small member, yet it boasts of great things. How great a forest is set ablaze by such a small fire! And the tongue is a fire, a world of unrighteousness. The tongue is set among our members, staining the whole body, setting on fire the entire course of life, and set on fire by hell. 

So, guarding what we say is a great way to develop the quality of “self-control” in our lives. We have to constantly keep reminding ourselves that as we exercise “self-control” in one area of our life, that it will strengthen other areas as well. My wife has always had great “self-control”. I cannot remember the last time that I saw her over-react to something. So, over the many years of our marriage, her strength has become my strength. How good is that – to know that as we are strong in the Lord that God will use that strength to help others in their areas of weakness as well.

Pray this week:
Father, will you please help me to guard my words and the attitudes that cause those words to come out of my mouth?  Please help me to reflect Christ in everything that I say.
 

Would someone think that you were a Christian by the way that you talk?

Alan Zibluk Markethive Founding Member