It was breakout on D1 timeframe and new daily bar was opened above Ichimoku cloud/kumo which is indicating the fully reversal from bearish to primary bullish market condition. The price is trying to cross 1.3699 resistance for breakout to be...
Nobel Laureate Economist Robert Shiller Says Bitcoin is a Bubble (source - forexminute.com)
Many Bitcoin enthusiasts were flabbergasted when they came to know that Nobel laureate economist Robert Shiller opined that Bitcoin is a bubble. In his statement the economist said that he is amazed by how people are so excited about it. He says that he tells his students that Bitcoin is not such a great idea.
Robert Shiller who won the 2013 Nobel Prize in Economics is a widely regarded academician and his opinion will definitely have some sort of implications among the policy makers around the world. He is an expert in the nature of market excesses and his opinion about Bitcoin is not going down well among Bitcoin supporters.
Shiller is ranked among the 100 most influential economists of the world and his opinion matters a lot. Talking about Bitcoin’s tremendous jump in the exchange market he said that it is all a bubble. He retorted that it is a bubble; there is no question about it. He said it's just an amazing example of a bubble.
He had come to Davos in Switzerland to participate in the World Economic Forum, a gathering of the policy makers and economists as well as top businessmen. This Yale University professor is also of the opinion that the jump in Bitcoin, though, is logical, as it simply follows human nature which is always interested in highly-volatile markets; it is not a great idea.
Robert Shiller is Not Alone; Paul Krugman is Also Skeptical about Bitcoin
Oil Prices Up As expectations for increased demand are Ripe (source - Forexminute)
Oil prices saw an increase as benchmark U.S. crude for March delivery was up 22 cents to $97.54 a barrel at 0620 GMT in electronic trading on the U.S. Mercantile Exchange. On the other hand, Iran is going to play a major role in the global oil prices. It is participating in the financial and political carnival i.e. the World Economic Forum in Davos, Switzerland.
According to news reports attention will be global energy prices and Iran’s effort to rejoin the global trading community after years of sanctions. This is also going to affect the oil prices which are improving nevertheless as it rose 59 cents to $97.32 on Thursday. A major reason behind the increase in oil prices is that a severe cold spell is hitting parts of the U.S.
Nevertheless, a boost in the global economy is also expected to have some impact on the oil prices. Earlier, the International Monetary Fund raised its growth forecast for the global economy. The international body also said that the U.S. economy will grow better this year. The demand from China is expected to increase further this year.
This is the announcement for the 1er programming contest for mql5
community. This little contest consist to find some bugs in less time
possible. See also this topic Programmers Contest : Who can find more bugs in less time. Are you interested to...
"I'm a commercial photographer, trainer, workflow specialist, and consultant from the Midwest. Capture to distribution, print to web, and everything in-between, this is my specialty. My passion is everything Photography, Arts, and Travel. Photography, for me, is a mixed bag of juxtaposing ideals and intent. My photographic imagery is a study and exploration, more so an experience into creative pursuits that provide unending joy, passion, and healing. Traveling, meeting & listening to people, experiencing new locations and cultures. Enlightenment through adventure, and discernment by re-evaluating possible jejune prejudice of how I thought the “world” “is” or exists. Experience happens to be the best mentor for me. What do I attempt to communicate with my photography ? I’d be lying if I said it wasn’t partially motivated by impressionable validation. Additionally, while the capture stage is “experiencing & humble learning” based, post processing (development) is incessantly deliberate in intention and temper. Again, the final creation will never have a tangible and regimented recipe; a juxtaposed outcome based on memory, mood, emotion, intention, and predilection."
Swedish Government Clears Its Stand on Bitcoin, Declares it an Art (source - By forexminute)
Another setback for Bitcoin after receiving similar setbacks from the governments of China, India, Finland, Singapore and Canada – now, the Swedish government says that Bitcoin is no currency but an art. In the latest development the largest Nordic economy is set to reject Bitcoin and its competitors as a currency. The government says that it is similar to antique products.
According to Olof Wallin, an official at the Swedish Tax Agency who’s drafting rules for Bitcoin and the programmers who generate it, currencies are traditionally tied to a central bank or a geographic area. However, Bitcoin does not have any such feature. He said that in such a case the Stockholm-based agency will probably view Bitcoins as another asset.
Is Google Actually Integrating Bitcoin to its Services? (source - forexminute)
So the history will always remember Jarar Malik for being the first person to question the leading technology companies – Apple, Amazon and Google – about their future plans on the digital currency Bitcoin. The man himself is a developer of the renowned Bitcoin advocating and classified site CoinList.me and has showed much gracefulness in frankly asking the giants their take on Bitcoins.
While Apple and Amazon’s representatives were too busy to reply to the simplest question Jarar asked, Google’s Senior Vice President was the courteous one to reply to Jarar’s query and even to forward another Google employee Sridhar Ramaswamy – the company’s senior VP of Ads and Commerce. Although the reply he made to Jarar took him and the rest of the community by surprise, optimistic surprise!
“We are working in the payments team to figure out how to incorporate Bitcoins into our plans”, wrote Ramaswamy in his reply to Jarar Malik and promised him further to get back whenever any progress is made to this possibility. Jarar, as enthusiastic as he already was, took a snap of Ramaswamy’s email and posted it on Reddit’s Bitcoin Forum, which saw many positive responses from the digital currency’s fans all around the world.
But the happy and cheery season ended when another statement from Google – this time issued by its anonymous spokesperson – mentioned the company to “have no other plans regarding Bitcoin”. The spokesperson stated: “As we continue to work on Google Wallet, we’re grateful for a very wide range of suggestions. While we’re keen to actively engage with Wallet users to help inform and shape the product, there is no change to our position: we have no current plans regarding Bitcoin.”