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Showing posts with the label Money

The Altcoin Rises

O n May 11 2020, the crypto world experienced the phenomena knows as Bitcoin halving . For those who are still a little looney-toons regarding this phenomena, here's the lowdown . Moral of the story is that, as the Bitcoin supply decreased and it's 21 million market cap slowly approached, it was widely accepted that the low supply and high demand will increase the price of the cryptocurrency back to its previous highs. Basic business right? Wrong! Source: Equity Trust Company BTC prices actually fell and after briefly holding steady, are only just rising above the 10000 USD range. Surprise eh? Well, we are not done yet. Because while the most valuable crypto coin wasn't showing it's expected gains, some other cryptocurrencies shot to outer space. There was no SpaceX rocket nor a Tesla Roadster involved. These "altcoins" bumped up in their market value thanks to the entire underlying system of cryptocurrency: investor speculation.  But what exactly are these &q

Why this Apple Event is probably 1 of the 7 Deadly Sins

Oh, the joy at being wronged yet again by the executives of Apple. Tim Cook may have had much fun watching the press ogling Apple's new handsets, but that's beside the point. This event was for something new to be procreated by the California based tech company, for Apple to get its mojo back. And what do they gave us: some colourful little handsets with incremental upgrades. The event was as disappointing as going to a sauna to see Morgan Freeman in his undies instead of Keira Knightley lounging with only a towel. And Morgan Freeman is a good guy! Frankly speaking, the event was 'leaked' several times over, with only handsets visible in a typical blurry kind of horizon. But there were leaks of the next-gen AirPods as well as the seamless AirPower charging mat. Where are they?? Yes the XS is a brilliant phone. It has faster Face-ID, better waterproofing, louder and crisper stereo sound as well as a new 7 nm chipset. But you can't tell it apart from an i

Companies who are, were, or will be worth a $1 trillion (or close to it)

As Apple hit the magic the number and the shareholders started hearing din-ding in their sleep, we learnt that yes Apple are worth a trillion dollars but have other companies done it before, or are they about to do it? 1. Saudi Aramco Saudi Aramco is Saudi Arabia's largest producer and exporter of oil. It could easily lay claim to the world's largest exporter title as the company has relatively few competitors. However, it has always been strictly controlled by the ruling family of the Arab nation. To diversify its interests, the ruling family quite recently decreed that they are willing to sell up to  5 % of the company which they bullishly value at 2 trillion dollars. 5 % is a hundred billion dollars. And at two trillion they could be twice the value of Apple. However, some analysts have stated that the value of the company could be a relatively paltry 500 billion. Hotly disputed but it is an oil company. They are supposed to be rich. 2. PetroChina On Nov

The Best Men's Watch - Part 1

  A man without a watch is not a man at all. A watch reveals all about the person ( I mean not everything like what time he takes his morning dump or what time he reads the newspaper). Essentially a watch defines personality, whether it be fun and outgoing, serious, or just plain old lazy a watch is people's looking glass into you. Many watch wearing people can testify that when they forget to wear their handy timepiece they feel as if they are standing buck-naked in a snow-storm, which is probably not pleasant. So to not forget your time-telling pancakes here's a list of watches I find stunningly attractive. 1. Movado Men's Ultra Slim Watch As the name suggests it is a very thin watch, 6.3 mm to be exact. So obviously it's lightweight and with time(pun intended) you would probably forget that you were wearing it all. But it is stunningly simplistic with beautiful rose-gold dial and a black leather strap. Movado have made a take-me -anywhere -watch here . You could