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Triggers for Major Corrections a.k.a. Black SwansIn the world of Bitcoin and cryptocurrencies, extreme volatility is the norm, not the exception. However , certain unexpected events — the so-called "Black Swans" — can trigger particularly severe corrections. These events, often unforeseen, can send shockwaves through the market, leading to sharp declines in BITSTAMP:BTCUSD value. Here are some real-world scenarios that could potentially trigger such corrections: 1. World Economy While Bitcoin has been around for just over a decade, it's shown a tendency to follow traditional financial markets, particularly the S&P 500. A major global economic crisis — say, a sudden collapse of a large economy like US or the escalation of geopolitical tensions — could lead to a broad retail sell-off across all asset classes. Investors might liquidate Bitcoin holdings to cover losses in traditional assets, triggering a sharp decline in its price. For instance, during the COVID-19 market crash in Feb/March 2020, Bitcoin plummeted( -63% ) alongside global stocks, demonstrating its vulnerability to wider economic turmoil. 2. Regulators Regulate Regulatory risks have always been a shadow hanging over the cryptocurrency market. Imagine if the US or the EU suddenly decided to implement draconian laws against Bitcoin, such as banning institutional investment or severely restricting trading. This isn’t far-fetched; we’ve seen something similar in China in 2021, where a nationwide crackdown on crypto mining and trading led to a significant drop in BITSTAMP:BTCUSD price( -49% in May ). If a similar scenario were to play out in the West, it could easily lead to a mass exodus from the cryptocurrency, causing its value to plummet. 3. Geopolitics Geopolitical tensions have a way of shaking up financial markets. Consider the potential fallout if tensions in the Middle East were to boil over into a full-scale conflict, or if relations between NATO and Russia were to deteriorate further. Such scenarios could trigger global uncertainty, leading to a flight to safer assets like gold and U.S. Treasuries — and a corresponding sell-off in riskier assets like Bitcoin. The war in Ukraine in 2022 caused significant turbulence in BITSTAMP:BTCUSD price( -61% ), and a similar or more severe event could have a chilling effect on Bitcoin. 4. Hacking Bitcoin’s strength lies in its technology, but that’s also a potential point of failure. If there were to be a significant flaw discovered in the BTC protocol, or if a major exchange were to suffer a catastrophic hack, it could erode trust in the entire cryptocurrency ecosystem. We’ve seen echoes of this before: the Mt. Gox hack in 2014 wiped out a substantial portion of BITSTAMP:BTCUSD in circulation at the time, leading to a massive price drop( -38% ). A similar event today could be even more devastating, given the broader adoption of Bitcoin. 5. Fraud In November 2022, the investigation revealed that FTX management, including its founder Sam Bankman-Fried, illegally used customer funds to cover losses of a related company, Alameda Research. This led to a loss of investor and customer confidence, causing a massive withdrawal of funds, which in turn led to the bankruptcy of the exchange - and the subsequent severe correction of BITSTAMP:BTCUSD ( -26% ). Thoughts Bitcoin's rollercoaster ride is anything but smooth. Wild swings in price can come from anywhere—regulations, market bubbles, or even major collapses like FTX. For investors, the game is about staying sharp and ready for whatever comes next. The crypto world is full of surprises, and knowing that the next big shock could be just around the corner is key to keeping your cool and making smart moves.
BITSTAMP:BTCUSD
by Paramonov95
1
COIN - FUTURE DECLINE The U.S. Securities and Exchange Commission (SEC) is not backing down in its legal battle against Coinbase Global (NASDAQ: COIN), a prominent cryptocurrency exchange. On Tuesday, the SEC made a firm move by requesting a federal judge to deny Coinbase's motion to dismiss the lawsuit that the regulator had filed against the platform. This development marks a critical moment in the ongoing dispute between the regulatory body and one of the cryptocurrency industry's major players. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NASDAQ:COINShort
by legacyFXofficial
The Potential Revival of FTX: A Bet on FTT - FTX 2.0Another fairly simple idea... Buying FTT with the expectation that FTX 2.0 will be launched. Some major players in the crypto space are pushing for the relaunch of the exchange, and this account is from a coalition of FTX traders that want to revive the exchange. twitter.com I believe that the exchange can be relaunched. Why? What would be the benefit? It would be a clean slate. No issues with regulators and a huge customer base. If the FTT token remains, then it wouldn't be a security. Relaunching the exchange when other exchanges are under pressure and the SEC is cornered is the best time to do it. It's one of the ways to give money back to customers slowly and have people trade on it. Allowing creditors to trade their claims, distributing illiquid holdings rather than selling them for nothing, and having a solid community that wants to see the exchange succeed would greatly benefit everyone involved. As I mentioned in my recent ideas, the SEC is cornered; they will try to do anything they can to regain trust and stability. For example, they 'postponed' a fine on BlockFi to help their customers get more money back. With many new traditional firms wanting to enter the game, it would be easy to sell FTX and have it relaunched. The SEC has done a lot to damage ordinary crypto users with all of its mistakes and aggressive policies, and it is now at a point where it will be forced to soften its tone. Maybe FTT goes to 0 if the token becomes useless either because the exchange isn't relaunched or if it's relaunched, it's relaunched without the use of FTT. However, if it is used for anything, if the exchange relaunches, it could rally hard from here. Under new management, it could even trade back to where it was before the collapse. Overall, FTT is a potential 5-10x from here, as it's trading on most exchanges outside the US, isn't trading on US exchanges (won't be delisted), and probably won't be deemed a security by the SEC. To close things up, FTTUSD is in a range. It first took out its high at 3$ and then its low at 0.8$. Therefore the next move from here is going to be higher. FTTBTC is showing massive bullish divergence and is slowly trying to reverse its bearish trend. Putting a small amount in FTT and forgetting about it, like a mini investment or long-term call option, is probably a good idea.
CRYPTO:FTTUSDLong
by BitcoinMacro
2
AscendEX Analysis (ASDUSDT)⚡ I'm keeping an eye on exchange tokens for any danger alerts. ⁉️ I don't know why this ASD token is going up (leave your comment)... 🐻 On July 11, 2022 we had a bear trap. 🚀 Since then we have had an appreciation of 1,444.50%... 🤔 Could it be that the catastrophic events to come were already priced in this event? ⛰️ If even after the FTX collapse, the token didn't go downhill, most likely we've already found the bottom. 🏹 Speaking of now, a diagonal resistance break is about to happen.
ALong
by andre_007
FTX and the end of an eraThe fall of FTX will go down in history as something similar to the crash of 2008. On Friday, 11/11/2022, a court-supervised reorganization was requested, the first step towards filing for bankruptcy. In this chart, we can see the balance of assets belonging to the hodlers of the FTT token, used on the FTX exchange. Surreptitiously, on September 26, someone with inside information already knew the boat was going to sink. And these managed to get a lifeboat before everyone else... This can be proven by comparing the same type of chart in other cryptocurrencies, where nothing absurdly out of the ordinary is noticed: BTC ETH AAVE ADA BUSD (Binance) COINEX Curve dYDX GUSD (Gemini) HT (Huobi) HUSD (Huobi) KCS (Kucooin) CRO Polygon Magic Internet Money OKB (OKX) QuickSwap (Polygon) USDC USDT ------------------------- Another indicator that demonstrates the problem to come is the Volume of transactions with a value of $100,000 or greater in USD . On FTX’s FTT token, there was a strangely unusual volume, ahead of other cryptocurrencies: FTT BTC ETH USDC (note that high volume happened just days later, in the desperation of multiple withdrawals and moves) ------------------------- The Amount of asset held by Whales is another indicator that I bring here to compare some exchanges, but not all of them are available. FTT (FTX) BUSD (Binance) (this information does not exist for BNB) Coinex CRO dYDX GUSD (Gemini) HT (Huobi) (⁉️) HUSD (Huobi) KCS (Kucoin) OKB (OKX) USDK (OKX) Uniswap Better times will come.
F
by andre_007
TODAY Surpass 13M Eth July 25, 2022 (investorideas. Com newswire) ethereum stakers keep to boom their stake within the network. Consistent with a look at by using banklesstimes, the variety of ether staked on ethereum's eth 2. Zero staking contract has passed 13 million, increasing with the aid of 18% in q2. That is applicable to banklesstimes due to the fact the ethereum network is making ready to improve to a evidence-of-stake consensus model, as a way to see ether tokens used to at ease the community and confirm transactions. Underneath the contemporary evidence-of-work consensus model, ethereum is saved at ease by means of miners who verify transactions and encompass them in the blocks. But, validators will confirm transactions and encompass them in the blocks below the brand new pos model. The entire range of coins staked on eth 2. 0 has now topped the milestone - which is roughly 10. 9 percent of the entire eth supply - with 406,409 specific validators tapping their tokens. Those are the most wonderful figures seeing that a consensus vote to start staking turned into passed in november 2020. The staking application turned into oversubscribed by over four hundred% days before the release, with a 4. 25 percentage yearly yield. This proves that many investors assume eth will complement btc's use cases as natural collateral and store cost once the merge is finished. According to information from staking rewards, stakers are currently incomes four. 25 percentage in annual yields. Growing ethereum staking banklesstimes ceo jonathan merry stated, "since the creation of ethereum 2. Zero, interest in staking ether has exploded. Stakers have already received over $1 billion in bonuses. The community is valued at about $thirteen billion because of all of the eth that has been locked the usage of staking. This demonstrates a strong level of confidence within the long-time period viability of ethereum among its users." who's staking on ethereum? Taking a more in-depth take a look at the deposit contract, the entities worried are varied. One among kraken’s ethereum wallets is, as an instance, indexed. Staked eth is likewise held in wallets related to exchanges consisting of binance, huobi, and okex. Staking services like stakewith. Us and stakecube are also represented inside the top 20 listing. Full story and facts may be found here: total ethereum staked grows with the aid of 18% to surpass 13m eth LIKE COMMENT SHARE
BITSTAMP:ETHUSDLong
by DEinvestment
BKKT bullish reversal Price TargetsIf you haven`t bought the all time low here: Then you should know that BKKT is already close to the fist price target. BAKKT is owned by ICE, Intercontinental Exchange, the company that owns the New York Stock Exchange! Cryptocurrency exchange Bakkt has a partnership with Mastercard to offer crypto debit and credit cards. Thanks to Mastercard and Bakkt, businesses and banks will be able to issue their own branded crypto debit and credit cards to consumers who want them. Manasquan Bank, a NJ-based mutual community bank will be participating in its early adopter program, which will allow the bank’s retail clients to buy, sell and hold cryptocurrency through the bank’s mobile banking app. Bakkt also announced a separate deal with Fiserv . Gavin Michael: “We want to provide consumer choice. We want to be able to provide the availability to use crypto currency in an everyday transaction” Bakkt also partnered with Google to allow its users to purchase goods and services using cryptocurrencies through the Google Pay wallet. My short term price targets are: 11.60, 16.80 and even 27.60usd. It might sound exaggerated, but my price target for late 2022 is 80usd. Looking forward to read your opinion about it.
NYSE:BKKTLong
by TopgOptions
SUSHI is inexpensive at ~$8 *Yum (SUSHI-USDT)🍣🍣🍣🍣🍣 😲 (Sushi is very cheap right now,) currently rank #108 CMC. Wait until price breaks structure to confirm uptrend. For fundamentals on one of my favorite altcoins SUSHI (SushiSwap,) see ideas linked in post. Bull targets are marked by lines of 🍣🍣 on chart. SushiSwap gas fees are a little high 😖, don't worry though, you can avoid this by using the Polygon chain on SushiSwap.🆗👍 lower TF headed for breakout. Let's see if we can breakout and retest for good entry. Although BTC still has main dominance in the market and is looking bullish, Sushi is correlational to ETH, which is looking strong as well. 💎 Let's go SUSHI.🏁 📈💲 Thank you 🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs etc. I always recommend looking at multiple charts when making a big investment! Always have a stop loss ✋🛑💲 set Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. 🐶
Long
by jazerbay
13
Bitcoin is falling!As we see Bitcoin is in a descending triangle, we have many reasons (like fear and greed index, fed news, exchanges news) to expect downward movement for that, however, we should consider few issues: . - We have a strong support area there at 38k to 40k which price reacted to many times - It's going to consolidate under 200 MA - No momentum in the market! . So we have two scenarios: 1- the support area pushes BTC up for 44k and more 2- Breaks the support area and goes for 38k and less, this is the scenario which I believe more God bless us ;)
COINBASE:BTCUSDShort
by Alex-HKM
$ABXX GO TIME on ACH license this weekI am putting myself out there that as time passes its more and more likely that Abaxx is awarded its license to operate as an approved clearing house. I thought it could slip into August and it has but it may yet still not come this week. So we have 5 days here for it to come for this chart to perhaps be a nice call on Stock performance this week. Note prior candle sizes Abaxx has put up in March and April, also a nice one in June. Price has a history of travelling .40-.50 cents in a day on above average volume. Abaxx being awarded this license this week opens up the door for that share price action I believe. I noted that red candle from a couple weeks ago as its large red volume but doesnt tell the whole story. There was a large buy on the OTC side mid morning and the price moved up, sellers took control in the afternoon but the bulk of the volume for the day was on the buyside. If Abaxx is indeed awarded its license this week it will be easy to look back and say last Thursday was indeed a shakeout of speculators and or weak hands as they anticipated news and trading it, The sell off was bought quickly. I put it up there now to perhaps be ahead of the game, or be wrong. For fun I put up that candle with a volume range for trading. I intentionally stopped just over $4 as there is evidence that there will be *some* resistance there from the chart (trendline inputted). Also there is the psychological resistance factor to consider whenever you cross over into a new dollar amount where traders may take profit. All in all, I believe being awarded the license when it comes will be an absolute shift in trend to the upside for Abaxx. There is also the AGM meeting on August 25th where shareholders will vote to allow leadership to reduce shareholder capital in Abaxx and pay out a dividend in kind in the form of BASE Carbon shares which should also keep eyeballs and buyers on the stock. We'll have time before the actual Abaxx Exchange launch which should come in late Sept/early October if Company's current TL is maintained. So there will likely be some healthy pullback and consolidation. I am really curious to see if volume starts to ramp up. This is a relatively tight float a strong portion of which is held long. If there is significant buying interest the price could and should move in Sept to test the NEO ATH set in early April. $ABXXF traded on Dec 28th with CDN markets closed for Boxing Day holiday (BD was on weekend) and put up large run that hit an ATH but sold off intra day. For now lets see what this week brings. I have a Long position in $ABXX. Should you trade this stock please follow your own trading rules and do DD before taking a position. Hit me up on twitter if you have any thoughts/questions/callouts or want to learn more about Abaxx. Cheers, Luke
NEO:ABXXLong
by LeBelleChart
3
A 18-step analysis of the last 6 month in the Crypto Market1. BTC Cycle 2. ETH Cycle triggered by diversification of BTC investors and new theme (DeFi in this case) 3. People by ETH to buy DeFi tokens 4. DeFi Cycle (UNI) 5. People buy DeFi tokens on biggest exchanges 6. Exchange Cycle (BNB) 7. BTC, ETH and DeFi investors convert their gains into Privacy Coins 8. Privacy Cycle (XMR) 9. People by ETH to buy NFT tokens 10. NFT Cycle (THETA) 11. People buy NFT tokens on the biggest exchanges 12. Exchange Cycle (BNB) 13. DeFi + NFT Cylces are cooling down and people are looking for the “next thing” 14. People buy First Mover tokens which are existing for multiple years 15. First Mover Cycle (ETC) 16. NFT, Exchange and First Mover investors convert their gains into Privacy Coins 17. Privacy Cycle (XMR) 18. BTC Cycle starts again Summary: Starting out with BTC, the crypto market moves in “Theme Cycles” like DeFi, NFT and First Mover. Beneficiaries (besides the Theme Cycle Leaders) are protocols which these tokens are built on – most of the time Ethereum. Gains are often converted into privacy tokens. As “enabler” to get access to these themes, exchanges always win since the transaction volume is increasing independently if prices spike or break down. Investment-Theses: BTC, ETH, BNB and XMR are amazing long-term holdings – independent in which “Theme Cycle” we are in.
COINBASE:BTCUSD
by RocknRoll_Capital
KCS - it's just getting started !!I notice big inflows of capital into exchanges tokens (Binance, Huobi, KuCoin, ...). I think investors are definitely sniffing a bull market and position themselves in these cash cows that are exchanges. I chose the token that is well positioned to receive retail and institutional traders, with a steady growth history, that gives back 90% of profits in the form of dividends ! I bought when price came back into the wedge (after a false break out) at the moment of the back test of support. Price is already up huge ! However things are just getting started !!
Long
by Dangermousebanana
LONG BAL with stops and profit targetsLong BAL - Expecting Reversion to POC @ 13.76 Stop: 10.78 Profit Target 1: 12.00 Profit Target 2: 13.76 or Trail with a multiple of a Lower Time Frame ATR ======================================================= Balancer is a non-custodial automated portfolio manager, liquidity provider, and price sensor. The big idea of Balancer is, it is a new financial primitive that combines asset management and decentralized exchange. In traditional finance, this is similar to combining Fidelity asset management and NASDAQ’s exchange, then distribute NASDAQ’s trading profits to Fidelity’s asset holders.
Long
by HodlTradeCrypto
EXCHANGES' TOKENS - THE SURE BET & BEST OPTION RIGHT NOWHello, as predicted few days ago (see the linked idea below) in this moment of undecision the only "sector" that is well performing is the exchange tokens field. They usually grant staking benefits and allow you to have discounts on fees. This growth is mainly due to the BNB token which is growing a lot because of the BELLA protocol "ico" they are running and is attracting much interest. If you expect further drop in BTC or you do not want to be in USDT, this is a good index to park your liquidity without excessive risks.
FTX:EXCHPERPLong
by edutradinguru
3
The fascinating history of derivatives!I do not know how many people are interested in this. I know I am. I am not a historian, I am exposing here what I know, some of it might be inaccurate. For those that do not know a derivative is a financial product derived from an underlying asset or reliant on it. So in other words currencies, indices, bonds, interest rates, commodities, stocks. 65 million years ago or more: Primates 25 million years ago: First hominoids (apes). Bipedalism & loss of body hair speculated to happen 5-7 million years ago. 4 million years ago: First Australopithecus. Said to be as smart as modern chimps (I don't know if other apes 4 million years ago were smarter or not). 2.5 million years ago: Homo genus. Homo habilis. Not the first to use stone tools, but they are more advanced. Start of the paleolithic (old stone age). 2 to 0.5 million years ago: different human species. Not sure if sapiens descends from habilis or erectus or both. First known use of fire by Homo Erectus. 1.2 million years ago skin pigmentation appears, probably because of a megadrought. Sweating is older than this I think. I don't know much about the evolution of speech, stamina, opposable thumbs etc. I know the world temperature is in a downtrend for the past 50 million years. I don't really know all the ice ages and everything. Alot of very big very strong mammals with low intelligence disappeared. CO2 levels started being really very low. It is likely in my opinion that with the glacial periods, the droughts, the low CO2, apes had to get smarter, as well as start hunting meat (homo species have the digestive system of herbivores but consume meat) at some point using the help of dogs (not sure when that first started, but at least 15 thousand years ago). Human species might have started to save food for harsh times that I don't know. Eating meat (eating everything even bone marrow and potatoes perhaps) allowed humans to make evolutionary leaps because they spent less time looking for food and eating. Tribes might have traded with each other I don't know. 0.8-0.3 million years ago: Neanderthal, Denisovan 0.5 million years ago: H. Sapiens, a champion, is born. The species starts its path to absolute world domination and Super Apex predator, dominating all biomes, land, sky, upper ocean, the depths too, and even the bacteria living deep down in earth crust. 300,000 BC: Earliest evidence of long distance trade network. It is highly likely I think, that short distance trade networks precede that. From wikipedia: "The use of barter-like methods may date back to at least 100,000 years ago. There is no evidence, historical or contemporary, of a society in which barter is the main mode of exchange; instead, non-monetary societies operated largely along the principles of gift economy and debt. When barter did in fact occur, it was usually between either complete strangers or potential enemies." Yes, debt is pretty old. Everything that was invented was for a reason, because it made sense, and was necessary. Buying cheap to sell low might be very very old... Possible more than 100,000 BC: Brace yourselves... Some people think money evolved as a convenient way to replace barter (I have rice I want apples he has apples but wants something other than rice...) but this has not much evidence, and a theory that makes more sense is since it all started with IOUs which can be hard to keep track of (plus there's no proof) then money was first a debt and later became a medium of exchange and (lol) a store of value (I guess we devolved). 10,000 BC: With CO2 levels going up and the climate improving, agriculture appears (probably for the first time). 8000 BC: Oldest evidence of derivatives. Clay tokens used in Sumer (Iraq) as forwards or futures. Climate was not constant, yields would fluctuate. So it makes sense that they needed a way to hedge against fluctuations in supply. 5400 BC: Earliest "City", Eridu, in the Iraq region, not a city by our standards but they considered it so. ~3000 BC: Mathematics history begins in the region of Iraq/Egypt/Syria/Turkey. 3000 BC: The mesopotamian may be the first to develop a large-scale economy using commodity money. The shekel, a specific weight of barley. They had an advanced economic system with rules on debt, credit, contracts, private property, full blown capitalism... Urban Revolution: When rural villages turned into urban societies. It all began back then... Long distance (between different cities with different "kings") trade is regular. Obviously, writting was required. Iraq 3500 BC Egypt 3100 BC India/Pakistan 3000 BC China 2500 BC "The civilized life that emerged at Sumer was shaped by two conflicting factors: the unpredictability of the Tigris and Euphrates rivers, which at any time could unleash devastating floods that wiped out entire peoples, and the extreme fecundity of the river valleys, caused by centuries-old deposits of soil. Thus, while the river valleys of southern Mesopotamia attracted migrations of neighboring peoples and made possible, for the first time in history, the growing of surplus food, the volatility of the rivers necessitated a form of collective management to protect the marshy, low-lying land from flooding. As surplus production increased and as collective management became more advanced, a process of urbanization evolved and Sumerian civilization took root". 1750 BC: Code of Hammurabi , the first lawyer book. It set rules on contracts & on trading including "finance". We still have copies! Who knows how many traders profitted off spreads arbitrage speculation and more back then. First derivative exchanges (in Babylon temples), very likeky to have lasted 1000 years or more. 3000BC-300BC: Evidences of derivatives used in other areas than Iraq but no market/exchange that we know of. 500 BC: Thales said to have made a fortune with a put option on oil back then. He speculated on options over the counter, as there were no known exchange (Greece). 330 BC: Alexander army/followers notice derivatives and see their advantage, the concept makes its way to Greece & Rome. Which is why it is very likely Babylon exchanges lasted more than 1000 years (1750BC to 330BC at least). 300 BC - 500 AC: Evidence of derivative trades, but I don't know if there were markets, all was probably OTC. 476 AC - 1492 AC: The dark ages in Europe. The Arab world have their age of enlightement but I don't know about finance there. The rest of the world doesn't make any progress in that area as far as I know. CO2 levels dropped and times were tough. Hunger and scapegoating is common (middle aged and old women with no husband were seen as useless mouths to feed and often ended being called a witch then burned or drowned, the arab world developped polygamy to adapt to high male mortality so afaik they didn't burn their women). The church before the tough times of low CO2 used to say about people that accused someone of witchcraft that they were supersticious uncivilised pagans. The church sees derivatives & interests as "gambling" and "evil", so it becomes clandestine. Not a very interesting period prone to advancements, not much in science, not much in standard of living, maths, finance... Some exceptions: Late 1200s Monty Shares, 1300-1800 Loggia in the Piazza dei Banchi. 1 big exceptions: There was a gigantic futures operation. Ran by the Church. Give them money against a sacred contract for eternal life. It is a form of futures contract. 1530: Charles V of the Netherlands helps bring back a derivatives market. 1531: Antwerp Stock exchange (Hurray). 1571: Ancestor of the London Metal Exchange. 1637: Tulip Bubble 1730: Dojima Rice Exchange (and first known use of Technical Analysis) 1789: French revolution. Followed by terror, Napoleon etc. 1800: CO2 level pops off. Time to accelerate progress. ~1800: Industrial Revolution, emergence of labor (arguably "wageslaving"). Shortly followed by Karl Marx, and the 20th century will be the century of socialism & communism & fascism. In particular the terror communism following the russian revolution, similarly to France. First time in history where capitalism is questionned? Early 1800s: The UK bans regular slavery (wage labor or wageslavery means this is not required anymore...) At the time labor was compared to slavery, there was no argument against private property or capitalism thought. 1848: CME CBOT. Not sure when stocks only had their exchange and when commodity futures did. FX never did until recently but most of the trading is still OTC I think, with a lot of swap trading thought. 1945: Gold standard, following the great depression and WW2 result of high inequality and the Reichbank money printing. 1971: Gold standard abandonned, back to FIAT money printing and inequality uptrend. 1990s: Trading makes its way to the internet 2000: I am not sure but I think this is when "macro trading" (Oil, world economy, FX) got big. Retail trading from home develops. Everything got more and more correlated as a result. 2010s: As an answer to wild money printing, in particular after 2009 bank bailout, new improved crypto currencies are created, in particular Bitcoin. Still FIAT currencies, and not meant to be store of values if I remember Satoshi whitepaper correctly, but with a limited supply as well as no central control to prevent what happened in Zimbabwe & Germany. Exchanges (crypto ones) are completely online and anyone can be a market maker, money transactions are (well depends on the crypto) quick simple fast. Crypto exchanges are open 24/7!
Editors' picks
BITSTAMP:BTCUSDEducation
by MrRenev
17
The Future Stability of Asian Currency (Central Exchange Rate)The Future of Asian Currency is very important and the Exchange Rate Stability with the United States Dollar. This "currency map" includes all the major currencies in Asia. The currency in Asia can be understood by 3 financial groupings, 10 to 1, 100 to 1, and 1000+ to 1. Here are the groupings without specific finical exchange (numbers) details. 10 to 1 with $USD: SGD: Singapore Dollar MYR: Malaysian Ringgit CNY: Chinese Yuan Renminbi HKD: Hong Kong Dollar 100 to 1 with $USD: TWD: New Taiwan Dollar THB: Thai Baht PHP: Philippine Peso INR: Indian Rupee BDT: Bangladeshi Raka JPY: Japanese Yen PKR: Pakistani Pupee 1000 to 1 with $USD: MMK: Burmese Kyat KHR: Cambodian Riel LAK: Lao Kip IDR: Indonesian Rupiah VDN: Viet Nam Dong The exchange rate "regime" is very complex in Asia perhaps a lot like the European Union's "pre euro" times? China is becoming the central monetary authority of the Far Far East in terms of "mainland non-island wealth". While most of the cultural and complex wealth remains outside of China or South of China in more "exotic currency" locations. The natural stability of a "valuable" currency typically benefits unions of currency in relation to other currencies of less value on the foreign exchange market. Devaluation is sometimes seen by overlooking currencies and making it difficult to "visualize" what something is worth from day to day or even over a 10 year timeframe some currencies have changed by a factor of 10x or almost 100 times. When a country prints more money "un-respectfully to stability" (local or regional or globally). In Asia we also see signs of "artificial" weakening of currency by forcing a currency to "stay at 1000 to 1" or directly link with the $USD when the currency is not 1 to 1 and instead forcing the currency to "float" at 1000 to 1 levels not 1 to 1 levels (1 to 1 may better benefiting global financial stability). The other major problem in Asia is the ability to have technology to "physically print" quality artistic and culturally significant modern holographic money. Rather then linking their currency with the dollar and risking long term dependence on foreign wealth many asian counties have figure out that it maybe wiser to link currently with neighbors in a "sustainable" localized inflation rather then linking "very very distant countries with problems". The problems with the USD can also be when a country "links" their currency with the USD and cause instability from across the sea. What I noticed as a solution is between India, Pakistan, and Bangladesh is that they have tried to have different currencies but make it "easier on their local people" by keeping the currencies "values similarly" even if they are not directly related to the $USD. So what costs say 80 in one country would cost "about 80 in the bordering counties". Its important to realize that the "total value" of the world economy maybe "limited" in a "safer way" by having globalized currency stability. The total GDP today of the World on Earth is about 141,859,625 million or about $141.8 trillion dollars? Its likely that even the local stock markets show very little value in terms of "public" support. For example very few stock exchanges provide "free live real time quotes". It maybe that stocks and money both will need to be revalued globally on earth and its likely that using numbers only up to 5 or 10 maybe smartest? Hope this helps everyone! :)
by idasuperman
1