Bitcoin and altcoins down trend going may continue for months, real world politics of trumpism.
We all know the crypto currency is not just a coin It represents underlying technology the block Chain.
We also know it is in an up and coming industry, which means that's the last place money is going when there are problems.
So when I read this article
https://www.wired.com/story/trump-first-year-impact-on-innovation/
it confirmed a lot I already knew,
Well what happens If you don't have an environment that can bring the best people to work on the new technology?
Ignorance abounds!
What happens is people are not available in the industry to program, so projects get delayed for months if not years and smaller companies die at alarming rates and the bottom 10 to 20% of companies under 100 people get killed off as well.
Like what happened with the drain after the Internet bubble burst in the late 1990s, Or the Lose of US consultants bec At the end of the 1980s with the change of the tax codes.
Or the destruction of the Economy in 2006-2007....
The worst thing is this country was built on being innovators, even our form of government shows that.
These are the things we should be selling the world and are not because of the greedy ignoramus in the white house.
We have a transition to how to provide energy to the world, use of computers to solve problems, new technology we should be nurturing: ai for aircraft, drones, cars. Nano tech for medical usage, robotics in multiple fields, manufacturing and automation, operations automation, cryptology and security .... All of which require a vibrant well trained hungry to work work force.
So what has the chief cheerleader in get those best of other countries to come work for us done?
Driven them off!
and essentially 
So simply put you want your cryptocurrencies to go up...make sure to be active in coming elections because its not what they say its what they do....And you have 2 very important weapons in your holster
- make sure to vote (and get others out to), we are in these problems because of voter suppression efforts by the republicans and Russians for years. essential 3 votes a district in Wisconsin won Trump the Election and 3000 hanging chad ballots not being counted won Bush the White House. and now Bush and Trump get to appoint 5 supreme court judges...`1 stolen from Obama not even bringing his nominee up for interviews.
- Use the bully pulpit: find out who supports or doesn't support your Point of View send the emails or phone calls when they have the campaign to speak to your representatives. or read up and contact them yourself.
Disclaimer first...then on to the good stuff...
I presently work as an operations consultant who started multiple businesses and has worked with 1000s.
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I am not a licensed investment advisor or investigative Journalist. These are just personal observations and thoughts. |
My background helps having worked programming for & consulting to Thomson, CS First Boston, Chase, Morgan Stanley, Software Options, a Fund taken over by Price Waterhouse, Independent Investors and served as an expert witness legal cases. Specifically working on: Trading, Portfolio Management, Order Routing, Position tracking, Analysis, Risk Analysis , and Arbitrage systems.
I am presenting my observations here, you must first decide if they make sense to you, this is part of the information I use to make my portfolio decisions.
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I can see this especially with the fact that a lot of new crypto sites will launch in September, like choon, they wont release their crypto notes until September 1st so its probably going to be a chance to buy
IF THERE IS A BLUE WAVE IN NOVEMBER AT THE POLES...
THEN LOOK FOR A RETURN OF ICOs.
And a wave of a bunch in september will mean none will breaks out.
There is just not the money sitting there right now!
Look how much left the market in market cap!
Whats a blue wave maybe it will be a bit like that if thats the case then i think people are better off to earn crypto right now then to inv st in it
exactly...
ICOs those are non-investor level ($1 million in provable assets) investments.
And people who wish to purchase small amounts.
And no one is going to an investment house and paying $25 fee to get 10,000 shares
worth $17 on an exchange which is not there!
Thats why for the past few months ive made up mt mind to jist earn crypttto instead of investing, lol i came from broke at the time anyhow
If that what you took from my writing?
Actually, you just got the exact opposite of what I was saying.
By definition ICOs are gambling like playing dice,
your moving money around to hit a market entry that has an asymmetric payout that easily wipes away the other small investment in the failed ones and gives you a big return so you can dump them.
Your not buying increasing value over time term and having to hold to get your returns ... THAT'S INVESTMENT...
And in today's market there are huge opportunities to buy alot of the small caps with good bones on the cheap.
For instance I know:
You should be investing in crypto, not playing icos.
Think about it, if you invest NOW with everything depressed, if you invest in reasonable real coins when the market cap rebounds, which it will in the next year, you will make money, pure and simple... That's simple...How much I have no idea, but its going to be way more likely than any ico!
Ill keep that in mind i cant wait for choon note release in September i could save plebty up
I work in a place that hires many foreign workers because they are cheap. I don't mind of they're the best but the truth is the current system also exploits them so in that sense Trump is not wrong. All the coworkers I have know that truth. It may not happen everywherw but it happens a lot.
and don't let them confuse you by conflating illegal and legal immigrants, your foreign coworkers have visas, everyone likes legal immigration, Trump only wants to stop illegal immigrants, highly skilled people can get visas.
I'm just saying those visa programs are not as honest as they claim. Companies say they get the best talent and pay them fairly but in reality they pay them much less. Thats all I meant by my statement.
I had a company of 40 employees
3 of which I sponsored for green cards, paid for grad school and continuing education, and helped get their citizenship.
They got paid the same as others based on their merits....
Was I IBM or Google paying for the crem da la Crem?
Noooo...
The money has to come somewhere, some employees want to send children to private school, another drink all night and drive a fancy car, a third buy a home, others send money to family abroad, and the final to become a citizen to change the direction of their family for generations.....
The money has to come from somewhere.
Are there abusive businesses out there, I really believe less than more.
Because the flip side is that everyone is lazy because they think their bosses are cheating them....
And in thousands of companies I've worked with, worked for and consulted to. 9/10 employees, management and ownership care about employees and owners.
Whether they have the resources is another question....
Back in 1995 it cost me 8k for green card for right hand man, 7k for additional grad school and he was one of the salaried workers.
In my California factory, the senior mold makers was a resident alien, and person in charge of finishing was a green card holder. They were paid better then competitive casting facilities that exploited cheap labor.
The funny thing is those companies that exploited illegals eventually move to Mexico or went out of business.
I know many immigrants and their always exploited. Your case is amazing but I find it hard to believe that many do the same. At least from the people I know in multiple business sectors. Good job on being fair.
I think they do obviously depress wages to some degree but on the other hand in some cases the business could not operate without them and then the Americans there wouldn't have jobs either. Clearly having robust oversight of any participating in the program is important to prevent abuse.
So now the question is, are protection of Workers a job for the federal government (like OSSA, the FTC, OR EPA), or state government? That's Regulation and Mandate to insure a minimum safety net when workers move (which they do). Vs. smaller, poorer states more likely to caterer to an industry undermining protections to fill state coffers from small lobbyist with backdoor access.
Which means if you want the first on the left, And if you want the 2nd your a conservative or republican.
And if you think the protection of workers should not be a job for the government? A safety net when people move? what is that?
What if you recognize that both the states and feds already have worker various worker protections in place?
this argument does not make a lot of sense, illegal aliens are not computer programmers and developers, they come legally and have visas. Donald Trump is all for that type of legal immigration.
He doesn't care about illegal aliens he cares about white NON-Christians who were born in the USA who do not have a good education.
He is catering to uneducated uniformed people who live in a vacuum and have a baked fear that the government and the left is evil.
I have had friends (non-Muslim, non-Latino with good educations with great resumes and work ethic) taking their projects to Europe and the far east.
A buddy of mine who used to do the signal processing development for AI for the first time in 20 years is moving his DSP processing from Texas to Europe because the developers left.
And my small development projects I used to get local helpers to buy into with a spllt, I need to go international to find resources for as opposed to partners with extra time.
Your just way off base!
I have been through this before because of economic reasons, This is different.
Please understand 1/2 of my family tree does not exist because of one my grandmothers (on one side) immigrated in 1914 at 2 years of age, and on the other side my grandfather in 1926 with 1 brother migrated. and my final grandmother with 2 of her 6 siblings and their parents before 1936.
I have studied and learned the what tyranny and what truly makes America Great, and why we must be vigilante in it's protection.
I've always been a independent moderate, there are good people in the Republican party but when you put party over country, and don't denounce this violently then your party is no longer worth your vote and needs to be rebuked.
Bandor tor jonna ajk loss khawa lagtasa!tui ato tk lagaaile kno! notir pola kothakr!madhar chod!!ja bolsi kisu to bujos ni
Thank you so much sir!
Please translate to english....
Sneaky Ninja Attack! You have just been defended with a 35.14% upvote!
I was summoned by @richatvns. I have done their bidding and now I will vanish...
woosh
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Nice post.
I just Upvote and comments you.
Please,
You return do same.
https://steemit.com/bitcoin/@mdsohagm24/first-crypto-firm-ipo-on-london-stock-exchange-raises-usd32-5-million