Expectations Are Low, Stock Market Strategist Says It’s Time to Buy

Hindsight is 20/20, but one stock market watcher is willing to predict that stocks are not overbought. Canaccord Genuity Chief Market Strategist Tony Dwyer suggests that economic expectations are set too low, which gives the impression that conditions are worse than they are. For instance, if you look at signals such as the pace of manufacturing growth around the world, most recently in Germany, things look pretty dismal. So bad, in fact, that another recession could be on the horizon. Not so fast, says Dwyer. In this environment, monetary policy is ripe for easing, not tightening, which is the recipe

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Bitcoin mining is forcing me to go solar power. I just installed solar panels to run my miners during the day. Not only does my house get heated but I cut the mining cost by 75%. Why? It’s not just the cheapest form of energy, but I get rid of the grid-transfer cost and tax (=75%!)

Bitcoin mining is forcing me to go solar power. I just installed solar panels to run my miners during the day. Not only does my house get heated but I cut the mining cost by 75%. Why? It's not just the cheapest form of energy, but I get rid of the grid-transfer cost and tax (=75%!) submitted by /u/candese
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Bitcoin – The Currency of the Internet

Bitcoin Haters Keep Calling Crypto Dead – It’s Really Stronger Than Ever

Since 2011, mainstream media outlets, bank executives, economists, and other skeptics have gleefully proclaimed Bitcoin’s demise after every major correction from its all-time high. Bitcoin Will Keep Defying its Critics In the past ten years, Bitcoin has experienced five 85 percent corrections including the recent 14-month bear market. However, the dominant cryptocurrency has managed to survive each correction, achieving a new all-time high after every major drop and defying the critics. 2013 – "Game Over, Bitcoin" – @businessinsider | $ 110.68 "The bubble has burst & now all that's left is to watch its steady & inexorable decline. So what now?

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Coinbase’s Brian Armstrong Says it’s Okay to Use Hot Wallets to Store Bitcoin

Brian Armstrong, CEO of $ 8 billion crypto exchange Coinbase, wants to set some misconceptions straight about the security of various types of Bitcoin wallets. Writing in Fortune, Armstrong clarifies – for a mainstream audience – the difference between hot and cold wallets. If the reader is unfamiliar with the concept, it’s pretty simple. A “hot” wallet is connected to the internet and capable of making immediate transactions. A “cold” wallet is secured offline, by definition, although there are degrees of coldness. A private key stored on an internet-connected device but not loaded into any active wallets is still technically “cold”

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Facebook is so Dominant it Earned $5 Billion in China in 2018 – a Country Where It’s Banned

In what can only be further evidence of the global reach of Facebook, reports show that the social media platform earned $ 5 billion in revenue from China. Yet Facebook has been prohibited in China since 2009. Facebook’s Fifth Largest Market, Surprisingly, is China According to reporting by TheStreet and a research note from Pivotal, it’s estimated that Facebook made anywhere between $ 5 billion and $ 7 billion from Chinese advertisers. This figure is about 10% of Facebook’s 2018 revenue. Facebook’s 2018 filing confirms that revenue came from resellers “representing advertisers” based in China. Facebook apparently has an unofficial Chinese office, through

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