Gold
and cryptocurrencies remain favorite trading markets
of our guest; investors are advised to ignore
the Bitcoin FUD (fear, uncertainty and doubt).
Bitcoin
/ Altcoins represent the natural progression from
the outdated fiat model to a blockchain based
monetary system of the future.
Investors
who feel comfortable with cryptocurrencies are
directed to Bitcoin silver, aka, Ethereum (ETH),
which could continue to outperform Bitcoin.
ETH
investors should be treated to a new futures /
ETF contracts this year.
The
guest / host also concur on the energy sector;
WTIC reached the 2018 target of $70.
The
new target of $90-$100 could come to pass as soon
as 2018 on continued supply issues amid tensions
in the Mideast.
Thoughts
converge on silver; both expect gold's shiny cousin
to outperform on a relative basis while copper
remains on the watchlist.
Part
II. with Bix Weir of RoadtoRoot-A
continues the review of the ever evolving crypto-revolution,
including the ascent of Ethereum and its key competitors.
Competing
crypto-script EOS is an ERC-20 token, headed by
Dan Lahrimer known for DPoS, while Cardano is
run by a former key developer of Ethereum.
A
strategic advantage of Ethereum is the Turing
Complete nature of the Solidity language, which
allows scripts to run on the token.
While YouTube "experts" use Metcalfe's
Law to describe the network value of Bitcoin,
Metcalfe's Law is easily debunked using basic
statistical modeling.
Metcalfe's
law holds that peer-to-peer networks such as Bitcoin
derive value. via the number of transactions times
the number of users.
Nevertheless,
given that there are a finite number (n) of people,
all human based exponential systems are non-asymptotic;
growth eventually slows.
Due
to the highly complex nature of human behavior,
the host proposes a unique description of the
cryptocurrency "network effect."
The
progression begins with the exponential, turns
to logarithmic and ends in with the parabolic.
The
model begins with super-linear growth of the exponential
n^2 curve, progressing to the more tame ascent
of the n*log(n) curve.
The
system results in the S-curve that completes the
life-cycle as the log-parabolic system returns
to zero (figure 1.1).
Investors
are advised to ignore all Bitcoin growth forecasts
based on Metcalfe's Law and rely instead on more
pragmatic S-curve estimates.
The
duo dismiss detractors citing the large number
of US equities (10,000+) does little to lower
overall demand for shares.
The
thought is further corroborated via comments from
Silicon Valley, Bitcoin Billionaire, Tim Draper.
Mr.
Draper notes (paraphrased) that within 5 years,
coffee shops around the US will accept Bitcoin
as the currency of choice.
BTC
/ Altcoins offer an alternative to the domestic
currency regardless of location worldwide, for
currency / financial crises, such as the Great
Recession of 2008, as well as the devaluation's
of Venezuela and Argentina.
Please
Listen Here
Dial-Up
Real Audio
MP3
Mp3
FAST Download
Mp3
High Quality Download
Right
click above & "Save Target As..." to download.
To learn more about software needed to play the above
formats, please
visit the FAQ.
Guest
Bios
Bix
Weir
Road
to Root-A
ix
Weir has 30 years' experience in the financial industry
with various fortune 500 companies. He is the creator
of the "Road to Roota Theory" and his commentary
is published at www.RoadtoRoota.com. Bix has dedicated
his efforts over the last 15 years to exposing the
long term manipulation of the gold and silver markets.
He has worked closely with the Gold Anti-Trust Action
Committee helping to pull the curtain away from the
Cabal of International Bankers that has taken control
of our free market system.
At
RoadtoRoota.com Bix deals with the conspiracy and
manipulation side of the gold, silver and financial
markets and is not constrained by conventional thinking
of how market prices fluctuate. Bix has developed
this website to aid in the discovery of the truth
behind our massively manipulated markets and to help
expose those who threaten our free market system.
Raghee
started trading at the tender age of 17 while still
in high school. She continued her pursuit of trading
through college until going full-time after graduation;
torn between the charts and law school, the markets
won out. With a degree in English, Raghee has a
passion for communicating the message of the markets
as well as teaching self-directed traders how to
find choice, freedom, and an edge in the currency
and futures markets. Three books (published by Wiley
& Sons), countless speaking engagements, seminars,
Chief Currency Analyst for IBFX (bought by FXCM),
and trips across the globe, Raghee shares all the
she does and has learned at SimplerCurrencies.com.
Her popular 34EMA Wave and GRaB Candles indicators
have a ever-growing following. Raghee brings back
the wisdom of time-tested trading analysis with
the edge that technology gives the modern trader.
Nearly a life-long Floridian, Raghee lives in South
Florida with her husband Herbie.
Words
to Live By: The simpler I keep things, the
better I play.
Hobbies:
Its not all work and not play for me, I do
find time away from the charts if I can enjoy some
SCUBA diving, motorcycles, swimming, kickboxing,
golf, and fishing.
Peter
Kendall, coeditor of The
Elliott Wave Financial Forecast
makes his show debut. Current
Elliott Wave analysis suggests
that the US shares indexes are
registering ominous signals.
John
Williams of Shadowstats.com,
a leading online alternative economic-resource
sees the potential for an explosive move
in the PMs sector / commodities.
CEO
Erik Voorhees, Shapshift.io & Chris
Waltzek Ph.D. - April 19th, 2018.
Erik
is CEO of the instant Bitcoin
and altcoin exchange, ShapeShift.io,
a groundbreaking coin / token service that
facilitates quick and virtually free exchange
of nearly any cryptocurrency.
Listeners' Q&A - Chris Waltzek Ph.D.
- April 12th, 2018.
The
latest Listener's Q&A segment includes
phone calls on the increasingly popular
topics of silver and Bitcoin from Tom in
Arizona, John in Sunny San Diego and an
anonymous caller.
Bill
Murphy & Chris Waltzek Ph.D. - April
11th, 2018.
Top
Wall Street Chartered Technical Analyst (CTA),
Ralph Acampora of Altaira
Wealth Management,revered
as "A Professor of Technical Analysis,"
returns.
Arch Crawford & Chris Waltzek Ph.D.
- March 7th, 2018.