FINANCE

Dash Evolution is an attempt to make cryptocurrency accessible to regular people – 'cryptocurrency that your mum could use”. You’ll be able to send currency using a name which looks more like an email address than a computer error.

Kurt Robinson
Article | Marquez Comelab | 02 Jul 17 | Update: 01 Jul 17 | Full View
The White House Science Division officially has zero staff members[1]. Trump, an ignorant President, is going to inflict years and decades of hardship on America. Science is what gives nations knowledge to make the right decisions. When the right decisions are made, a nation will prosper. As a nation prospers, it becomes more powerful and influential. 
Videos | Marquez Comelab | 01 Jul 17 | Update: 01 Jul 17 | Full View
Four Senators in the USA [1: names provided below] are trying to pass a bill that would allow the US government to confiscate people's Bitcoins and Cryptocurrencies. The title is Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017. 
Blog Posts | Marquez Comelab | 27 Jun 17 | Update: 26 Jun 17 | Full View
A hoax published on two websites* that the founder of Ethereum, Vitalik Buterin, has caused holders of Ethereums to panic and sell their Ethers. Mind you, there had been a pre-existing sell-off prior to the fake news. The hoax articles claimed that Buterin died from a car accident, along with a friend. 
Blog Posts | Marquez Comelab | 24 Jun 17 | Update: 24 Jun 17 | Full View
According to an article in the Futurism, "China’s central bank — the People’s Bank of China — has developed a prototype of a cryptocurrency that it could end up in circulation in the near future. It would be introduced alongside the China’s primary currency the renminbi (also called the yuan). 
Blog Posts | Marquez Comelab | 20 Jun 17 | Update: 20 Jun 17 | Full View
There's a potential buy set up for XRP.   (IMPORTANT: This is not an advice for you or anybody to do anything.)  There's been an established buying range. Trendlines as well as Support and Resistance levels are set to be broken. Volume had been going up the last three days as the price slightly rose. The troughs of the prices and the MACD confirm. If people buy above R1, that might trigger more buying until R2, then if the price goes R3, people will likely want to carry it up further. 
Article | Marquez Comelab | 20 Jun 17 | Update: 19 Jun 17 | Full View
Initially, I was relieved to hear that the Bitcoin community seems to be doing something to advance the technology in light of the network getting too slow and transactions taking too long to be confirmed. I was of the thinking that, "any action is better than none". But an article written by Dr.  Craig Wright made me rethink that SegWit, as it is being proposed now, is risky. 
Blog Posts | Marquez Comelab | 16 Jun 17 | Update: 17 Jun 17 | Full View
Today, (Thursday, 15 June)  prices for Bitcoin, Ethereum and the majority of Cryptocurrencies are nosediving. It started yesterday, actually. I tried searching for what the reason could be. So far here are potential contributors: 1. There is an announcement that some mining company is going to fork Bitcoin.  So what? They split Bitcoin, then you just choose which version you like right? It is no reason to panic now.  2. Some politicians in Europe and America want to regulate Bitcoin and Cryptocurrencies.
Blog Posts | Marquez Comelab | 27 Mar 17 | Update: 27 Mar 17 | Full View
Bitcoin is splitting between BTC and BTU. BTC is Bitcoin Core and BTU is Bitcoin Unlimited.  Why is Bitcoin splitting? Bitcoin is splitting because it is growing in use and popularity. It is considered normal that new technologies go through such growing pains. Put simply, Bitcoin is approaching a technical limit (1MB block size).This poses issues about how the system can handle more transactions. For years, the Bitcoin community had been discussing how to solve it.
Article | Marquez Comelab | 05 Feb 17 | Update: 28 Feb 17 | Full View
How can America's democratic system produced Donald Trump as its President? Is there really no one else more qualified or suited to be the President of the most powerful and most influential nation on Earth? Isn't Democracy supposed to be a system where people elect who they want as their leader? How can this system, a system that is supposed to be a shining example of democracy, produced a man who is surely now one of the, or THE most hated person in America and the world? He is fighting with everybody including the ones who are on duty to support him: the FBI and the CIA.
Blog Posts | Marquez Comelab | 17 Dec 16 | Update: 17 Dec 16 | Full View
Like most people, I had a quiet confidence that Hillary Clinton was going to win the US election. “If Trump is lucky enough, the number of votes he will get might come close but, Hillary will pull through in the end”, I thought. Like those those in the Clinton camp who began their pre-emptive celebrations popping open champagne bottles, I was shocked to find out that Trump had won.  How can Americans vote for a man who makes up facts, blatantly lies and makes up his own statistics without caring to know whether his opinions are in fact based on anything with substance? 
Blog Posts | Marquez Comelab | 11 Dec 16 | Update: 11 Dec 16 | Full View
Looking at the last few months, comparing the exchange rates between Bitcoin, the Australian dollar, the Euro and the US Dollar, as well as the news in India, Europe and China, there is tension visible on the trading charts.  Traders and investors seem to be jostling for positions and placing their bets. It seems optimistic to me. There's a heightened probability that Bitcoin is about to strongly push above its current price.
Blog Posts | Marquez Comelab | 25 Oct 16 | Update: 24 Oct 16 | Full View
Brexit has raised a few problems for people and companies in the UK, now that its people have voted to exit the EU. Estonia, a smart cookie, in this story is wanting to provide a solution for those who wish to remain part of the EU. From what I understand, you can incorporate in Estonia, without being a resident or a citizen there. It is an interesting proposition to look into. I am all for giving governments competition for their services.
Videos | Marquez Comelab | 25 Oct 16 | Update: 24 Oct 16 | Full View
In addition to what I blogged about yesterday, about the European Central Bank wanting more control over Bitcoin, Andreas Antonopoulos talks about Hard Promises and Soft Promises, about Autonomy instead of Authority.  I am definitely with him. Bitcoin's Blockchain feature of unalterable record of all transactions is not a weakness. It is a strength. Do not change it. Being able to change the details of transactions is like being able to change how history is written in textbooks. 
Blog Posts | Marquez Comelab | 24 Oct 16 | Update: 24 Oct 16 | Full View
According to an article (link below) : "The European Central Bank (ECB) has proposed a directive of the European Parliament and of the Council stating that ‘virtual currencies do not qualify as currencies from a Union perspective,’ and wants digital currencies to be explicitly defined as not legal currencies or money... the use of digital currencies, such as bitcoin, pose a threat as terrorists and criminal groups are able to transfer money within digital currency networks with a certain level of anonymity." Because of this, the ECB is discouraging the promotion of Bitcoin.  
Blog Posts | Marquez Comelab | 19 Jun 16 | Update: 20 Jun 16 | Full View
According to an article by The Register (Last accessed: 18 June 2016),  "CIA director John Brennan told US senators they shouldn't worry about mandatory encryption backdoors hurting American businesses. And that's because, according to Brennan, there's no one else for people to turn to: if they don't want to use US-based technology because it's been forced to use weakened cryptography, they'll be out of luck because non-American solutions are simply 'theoretical'".
Blog Posts | Marquez Comelab | 18 Jun 16 | Update: 18 Jun 16 | Full View
We need a currency that no longer relies on national governments. We need a planetary currency. Bitcoin may be it.
Blog Posts | Marquez Comelab | 17 Jun 16 | Update: 17 Jun 16 | Full View
I heard about Bitcoin around 2012 but I just sat and waited to see if I would hear more of it.  I really got interested about Bitcoin when I heard an interview of an entrepreneur starting a business providing Bitcoin services and his reasons for why it is a good currency.  Bitcoin is a long term play for me. By long term, I mean one, two or three decades. It is not something I want to trade on a weekly, let alone daily basis. The spreads are too far apart in relation to its daily movements. 
Commentary | Marquez Comelab | 25 Mar 16 | Update: 08 Aug 16 | Full View
Dr. Jim Chalmers MP is the Federal Member for Rankin. He is the Shadow Minister for Financial Services and Superannuation, the Shadow Minister for Sport, and the Shadow Assistant Minister for Trade, Investment and Productivity, wrote an article and argued for Australia taking advantage of Blockchain. 
Q & A | Marquez Comelab | 14 Oct 15 | Update: 25 Mar 16 | Full View
In my opinion, I would have to say the Forex spot market due to minimum barrier to entry, minimum transaction costs (especially if you're dealing with brokers who allow minimal trade size and thus), no one holds an 'insider' advantage (at least for the long term) and everybody is relatively evenly matched terms of access to information, and anybody can avail themselves to any type of strategy big or small. Overall, it is an efficient market.
Q & A | Marquez Comelab | 06 Sep 15 | Update: 25 Mar 16 | Full View
When I was starting businesses when I was in my 20s, I expected results quickly. I expected to work hard on something for a year and I would see super results.  But it depends on your business. Is it a new idea? Do you need to educate customers still or are they familiar with your type of products or services? If yes, you need time.  If no, you need to negotiate better distribution terms  and acquisition costs from your suppliers to compete with your more established competition, etc