The kind of money that fueled explosive growth in 2017 was marked heavily by buyers’ fears of missing out, and the belief they were buying near sure-thing lottery tickets, without a great deal of knowledge as to what they were buying into beyond superficial talking points. With the public rushing into what they believed was...
Tag: Oct2018
The world is going cashless, so why wouldn’t digital currencies soar?
Q&A with Jonathan Cho continued It’s important to distinguish digital currencies in their current form from digital currencies as an overall phenomenon. The overall phenomenon is going to trend up, but the current incarnation is unlikely to. The first cellphones were large, clunky, and could only do a fraction of what cellphones can do today....
Is the Dot.com bubble of the late 1990s comparable to current crypto trending?
Q&A with Jonathan Cho continued All markets are the same, in that they move in similar ways. They only really differ in the magnitude of the peaks and valleys that form, and in minor differences in the time durations of their respective bull and bear market cycles. The comparison I made in prior articles could...
If cryptos are crashing, why is investment in Blockchain soaring?
Q&A with Jonathan Cho continued Investment in any industry increases when prices in it soar. Investment in the mining industry, for example, typically reaches its highest mark at the top of each bull market, and into the first part of the bear markets that follow. That said, the reasons for investment in this case vary...
Beyond cryptos…
When 72-year-old, family-controlled Fidelity, known for its disciplined and traditional management of retirement plans and mutual funds announced it was spending billions of dollars to ensure its competitive stance in a Blockchain world, it was apparent that the ledger technology that brought the world Bitcoin would have a future well beyond its digital currency roots....
Blockchain Democracy on the move
In 2017, we identified Blockchain Democracy as a Top Trend for 2018, forecasting that this technology, exploding across a range of different fields, would ultimately prove a secure, accurate system for digital voting, erasing the longstanding belief that online voting isn’t secure. Indeed, Blockchain, the technology behind cryptocurrencies, is being embraced by the biggest banks...
How it works: Understanding Blockchain technology
In essence, a Blockchain is a ledger of accounts. Every transaction, the sale of a house, or a manufacturer delivering a shipment of tires to a distributor is recorded as a “block.” Each new block is added to the “chain” that serves as a permanent record of transactions pertaining to an item. Each block, or...
The death of Sears and the long demise of dying brands
When iconic Sears filed for bankruptcy in October, it ended another chapter in the slow, drawn out demise of once iconic American brands now fading from the retail landscape, along with the shopping malls they once proudly anchored. Richard Sears and Alvah Roebuck founded the company in 1893 to sell watches by mail. As recently...
New global trend: The Death of Sex?
A growing number of young adults are foregoing sex and, in many cases, intimate relationships entirely. An August 2018 survey discovered that 64 percent of Japan’s 18-to-34-year-olds are virgins and the same proportion has never had a romantic relationship. Another study that month reported that 30 percent of Japanese men under age 30 have never...
A blood test predicts depression
Major depression may be diagnosed with a simple blood test, perhaps treated with a common nutritional supplement, according to research conducted by a team of bioscientists from five US research centers and one in Sweden. New research has revealed a correlation between serious depression and a lack of a biochemical called acetyl-L-carnitine or ALC. It...