One thing is absolutely certain about the future. Changes always happen. There is NO things or NO events that are immune to change. The question is how it change, the rate of change and what it changed into, for the better or the worse.

Should You Buy Bitcoin?

Closing the bank is worst. It simply just free up the resources so that the perpetrators can use it to start a new bank under a new name and new ownership to perform the same old crap. It is new bottle but same old wine. What the regulator is doing ...

Janet Yellen's Last Act at the Federal Reserve: Punishing Wells Fargo

AlexReid - I believe your feeling that the comparison between Einsteins innovation and bitcoin innovation is disconnected because one is basic science discovery and the other is applied science innovation. That is understandable given that they are ...

Should You Buy Bitcoin?

It is largely experimental in nature at the current moment. But the technology has great potential and "danger" to replace existing status quo. It tried to present itself as a currency but the design does not cater for the socio-political, economic ...

Bitcoin tumbles below $8,000, as cryptos cough up $100 billion in value over 24 hours

To AlexReid. Emotion is what cloud our mind. That is why in trading it is important to keep emotion out and keep composure and clear mind. Many such debate evolve into emotional mud slinging and ego bashing. These are the distractions. Strip away ...

Should You Buy Bitcoin?

To be fair, this is indeed THE investment strategy for many if not most venture capital firms. They throw small money each into tens to hundreds of startups and hope one of them will become tomorrow's Google. They know very well 95% of what they ...

Should You Buy Bitcoin?

China? There are a host of many countries waiting in line to sell/export their products. There is no lack of supply. The bigger question is if Canada don't export that 75% of product to US, who will they export to? Who will be that big buyer of ...

Canada is willing to walk away from NAFTA, Trudeau says

Welcome to the world of trading (or more specifically fundamental trading). You know every journalists worth his/her salt has both articles written on the bullish as well as bearish scenario stored within their drawer only waiting for the right ...

Dollar Correction Spurred by Sell-Off in Stocks and Bonds

The week has closed. I went back to take a look at the weekly chart. I noted that this week is the 2nd time in the entire last 13 months that EURUSD weekly GREEN bar has failed to make a higher high. This is something that is worth monitoring ...

The Euro's Surprises May Just Be Getting Started

Do they give out "complimentary" magazine that you can bring home for personal use?

Bitcoin tumbles below $8,000, as cryptos cough up $100 billion in value over 24 hours

Whether something has value boils down to supply and demand. It has nothing to do with the product whether it is digital or not. Clean air is worth nothing in places which are not polluted. But it is worth a premium price (canned fresh air) in ...

Bitcoin tumbles below $8,000, as cryptos cough up $100 billion in value over 24 hours

Just to prevent misunderstanding, I am not bashing your argument. You are not wrong in your analysis. I just want to share other considerations from the non-supporter angle to paint a more complete picture. In (1), you mentioned about superior risk ...

Should You Buy Bitcoin?

I also faced the same situation as the writer in that friend come to you and ask you about your opinion on Bitcoin (since friend knew that I trade currency for a living). My advice to them is: I don't know. Understandably, they are taken back by ...

Should You Buy Bitcoin?

I did not lost that much as you. I probably lost only 300 millions on a daily basis. But it is a pleasurable loss. Sometimes I cried for joy on the spur of moment of loss.

Bitcoin tumbles below $8,000, as cryptos cough up $100 billion in value over 24 hours

EURUSD at 1.27 is entirely within the possibility. If it would be to push to that price point, it has only one month to complete the move, which meant moving 200 pips up in one month (average of 50 pips per week). Why one month? Its because of the ...

The Euro's Surprises May Just Be Getting Started

People say a single data point don't make a trend. I could not agree more with this. But I take a different lens to look at the data (especially the average hourly earning since this is the focus and who cares about employment numbers nowadays ...

Early-year wage acceleration won't push Fed to hike rates faster or further

Hint: Since we are talking about monthly chart. For the last 13 months (13 candle bars) in EURUSD, it is 10 green bars and 3 red bars. The 10 green bars are pretty STRONG green bars. Seat back and scan the monthly chart back to the starting point ...

The Euro's Surprises May Just Be Getting Started

Nerves of steel only applies if you know what you are getting into and the consequence. There are 3 groups of bitcoin players. One, those who dump their entire net worth into bitcoin "investment" not fully appreciating the risk and the context and ...

Bitcoin tumbles below $8,000, as cryptos cough up $100 billion in value over 24 hours

As well, we should not question the freedom of differing opinion and freedom of expression. The "haters" of cryptocurrency has as much freedom and rights to express his/her opinion of the downside of cryptocurrency just like the "supporter" can have ...

Bitcoin tumbles below $8,000, as cryptos cough up $100 billion in value over 24 hours

This guy is on Draghi's side. Draghi has a hard time, half his committee members are in the hawkish camp and is sabotaging his effort in terms of market communication by sending the opposite signal to what his stance is. It always 2 steps forward 1 ...

Villeroy says ECB will monitor FX impact on inflation outlook