Setting Bitcoins Price Mechanism CME Group to Launch BTC Futures

On the anniversary of the publication of Satoshi Nakamotos Bitcoin white paper, the price of Bitcoin reached a new all-time high, following the news that CME Group, one of the worlds largest derivatives exchanges, will launch a Bitcoin futures product on November 14, 2017.Futures or derivatives in general are understood by their relationship to risk. They are investment products that can be bought and sold in the future based on being pinned to a fixed price through a contractual agreement. B

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The Tatiana Show – Arry Yu Of StormX & Richard Jacobs Of Bitcoin Superconference

Tatiana interviews Arry Yu of StormX & Richard Jacobs of Bitcoin Superconference.

Topics include:

--"Getting Into Crypto"

--"The Bitcoin Superconference"

--"Getting into Tech from Music"

--"The Evolution of StormX"

About the Guests:

-Richard Jacobs is an entrepreneur, cryptocurrency enthusiast, and publisher of the Crypto News Insider newsletter, FutureTech Podcast, and Bitcoin.com official podcast. Over the last nine months, he has interviewed hundreds of the most influential players and disruptors in the world of Bitcoin, Ethereum, and blockchain, while making himself privy to "inside information" that has helped him gain handsome returns on his own crypto currency investments. Under the banner of the Bitcoin, Ethereum, and Blockchain Super Conference 2018, Richard is bringing these people together under one roof so that other cryptocurrency enthusiasts and investors can get the inside scoop on where this technology is headed and where the smart plays are.

-A creative whose strength is in helping businesses think outside-the-box to accomplish more with less using qual/quant data and strategy. She has a consistent track record building high performing businesses and teams. I look for opportunities with global impact. She's been seen in: Forbes, CNN Money, Huffington Post, U.S. News & World Report, Puget Sound Business Journal, Geekwire, Retailing Today, Seattle Times, and more.

More Info:

https://www.TatianaMoroz.com

https://www.CryptoMediaHub.com

https://www.Vaultoro.com/?a=100068

https://www.bitcoinsuperconference.com/

https://stormtoken.com/tokensale

Friends and Sponsors of the Show:

https://www.TheBitcoinCPA.com/

https://www.CryptoCompare.com/

https://www.FreeRoss.org

https://www.ThirdKey.Solutions/

http://www.SovrynTech.com

http://www.SexAndScienceHour.com

https://www.Netki.com

https://www.Vaultoro.com

http://www.CryptoMediaHub.com

http://www.Beautycounter.com/TatianaMoroz

https://www.LibertyCraze.com

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As Under Armour Collapses, CEO Builds Elitist Hotel & Whiskey Distillery

Earlier, we reported on Under Armour’s epic stock collapse down over -75% from its September 2015 highs. This is one stock Central Bankers forgot to buy. Today’s stock crash -15% is being felt across Baltimore once again, city streets are eerily calm, as the latest round of millennials who ‘bought the dip’ called in sick this morning. Something tells us, the avocado and toast breakfast will be sadly missed by many….

Bloomberg sums up today’s terrible earnings report blamed on ‘shortfall on operational disruptions from a recent technology systems transition’, and also provides a dismal macro outlook for the company.

Even international’s 34% constant currency growth represents “significant deceleration” from 2Q’s 54% growth, Nikic writes in note.

Gross margin (GM) continue to come under pressure (down 130bps y/y in 3Q), and 4Q forecast implies even worse margin erosion: GM implied down 350-400bps, which would be 4th straight year 4Q GM declined >150bps, would result in 1,000bps of cumulative erosion since 4Q13.  

  UAA business continues to come under pressure due to macro headwinds, off-trend product assortment (focus on technical/performance rather than casual/lifestyle), internal operational issues warranting underperform rating. 

In terms of trades, Kevin Plank (CEO) appears to be a genius - selling stock at highs. Form 4s concludes, he’s sold over $145 million worth of paper even during the stock collapse.

Immediately, Kevin Plank - through his full-service real estate firm called Sagamore Development Company - embarked on the construction of his whiskey distillery nestled in Baltimore’s inner harbor.

At the point of construction in 2H15, the stock crashed -20% to -30%. Fast forward to April 2017, Plank in a need of a drink opened his whiskey distillery, as the stock crashed another -50%.

Plank, a smart guy, knew the only way to comfort shareholders was to offer them a bottle of good American whiskey to soothe the pain of Under Armour’s stock crash.

This is by far, a much better class act of distractions when compared to Elon Musk’s circus act

Simultaneously, Plank built an elitist only hotel in Baltimore’s Fells Point district called Sagamore Pendry.

The two year, $60 million dollar project was also constructed around the time of the whiskey distillery.

According to Kayak.com, the 128-room property sits on the historic recreation pier in Fells Point with rooms starting at +$335. Interesting to note, a majority of Americans don’t even have $500.00 in savings, so a one night stay at Plank’s hotel does not welcome middle America.

JPM’s Wealth Inequality desk outlines that nearly 1/3 of households of color have a net worth of zero in Baltimore. Considering total population is around 620k, that means over 100k African Americans in the city are flat broke. This gives you a perspective of Baltimore’s economic disparities as Plank builds fancy things.

Nevertheless, Plank’s Sagamore Farm, valued $18-$20 million just 25 minutes north of the city is another example of the lavish lifestyle Kevin Plank is manufacturing at the expense of Under Armour shareholders.

And one more thing, Plank’s $5.5 billion dollar ‘city with-in a city’ for elites was in danger of failing this year. Goldman Sachs came in with a hockey stick save for $233 million back in September to rescue the project when the stock was 20% higher. With the latest tumble in the stock along with re-imaging plans for the company through layoffs and cost cuts. The idea of such a project is farfetched.

Bottomline:

Kevin Plank’s actions over the past few years will certainly go down in the record books of what not to do in a stock market bubble. It’s only a matter of time when the overwhelmingly poor citizens of Baltimore wake up to the wide wealth inequalities produced by easy money policies of the Federal Reserve.

Nevertheless, the city is currently spiraling out of control with a homicide rate doubled of Chicago’s, along with an opioid crisis that is straining resources of the tax payers and city hall.

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IndiCoin: A Blockchain Based Crypto-Social Initiative

Blockchain technology has created a buzz around the world by changing the way we bank online, changing the online social community among others. This is just the beginning. Among the countries caught up in the blockchain frenzy, India has one of the largest blockchain talent pools in the world. The country has registered a rise … Continue reading IndiCoin: A Blockchain Based Crypto-Social Initiative

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IndiCoin: A Blockchain Based Crypto-Social Initiative

Blockchain technology has created a buzz around the world by changing the way we bank online, changing the online social community among others. This is just the beginning. Among the countries caught up in the blockchain frenzy, India has one of the largest blockchain talent pools in the world. The country has registered a rise … Continue reading IndiCoin: A Blockchain Based Crypto-Social Initiative

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