2021/12/08

What is Stellar Lumens XLM?...

Bitcoin, Ethereum ... perhaps these are the best known cryptocurrencies, although it is true that the options of using cryptocurrencies are much broader. Have you ever heard of Stellar? Stellar Lumens is a decentralized protocol that gives users the ability to send money anywhere in the world instantly and cheaply. Its symbol is XLM and is currently among the top 10 cryptocurrencies.

Before we begin, it would be advisable to clarify some concepts. For example, Stellar is what the system is called. And Stellar Development Foundation (SDF) is the name of its foundation, a non-profit organization, whose main objective is the expansion of financial access to all. Especially people in parts of the world who do not enjoy the benefits of basic financial institutions like banks.

And on the other hand, the cryptocurrency that uses Stellar technology, is called Lumens or XLM, the native token of this network.

This cryptocurrency was developed in 2014. And the idea to create it came from Jed McCaleb, one of Ripple's co-founders. As soon as it was born, 100 billion XLM was generated and put into circulation on the market.

Stellar Lumens, what cryptocurrency is it?

Stellar is the technology that allows you to send and receive funds quickly and economically is open source. Runs a decentralized network of servers using a distributed ledger protocol that is updated every 2-5 seconds on all nodes.

Stellar's consensus protocol is really what sets it apart from Bitcoin. Its name is Stellar Consensus Protocol (SCP). The SCP does not rely on a network of miners to validate transactions. Instead, it uses the Federated Byzantine Agreement (FBA) algorithm, which allows for faster processes in operations.

The way Lumens and XRP (Ripple) work is that their own developers run their own nodes across multiple servers. In addition, both use a distributed ledger to verify the movement of funds, so transactions only take a few seconds to process and commissions are quite cheap.

Unlike with Bitcoin, as XLM is not generated through miners initially created 100,000 million. In addition, a system was implemented whereby its amount would be increased by 1% each year and a weekly deposit would be made to the recipients. As this mechanism was misused, the foundation deactivated it in October 2018.

How does Stellar Lumen work?

If you are already considering the option to buy Stellar, you should first know how their system works.

In practice, the Stellar protocol works like PayPal but is more practical. To start using it, you must first deposit funds in an “anchor " or anchor in the network. This "anchor" is a trusted intermediary, just like a bank or PayPal. This anchor holds your funds and displays your balance in stellar wallet.

You're probably wondering why the first thing I have to do is change my funds and deposit them in an anchor in exchange for credit. This anchor actually works as a” bridge " between any currency and the Stellar network. This allows you to send funds instantly over this network without having to wait for a bank transfer. Let's take an example.

Imagine that you want to send money to your friend in the United States. Then, you will make use of your balance in Euros that you already have validated in your wallet to send them to it through the network of this network. Stellar will automatically convert EUR to USD using the lowest exchange rate. And your friend's balance will be credited in USD. Now he will be able to withdraw the funds through an anchor that supports in EUR.

Works as an exchange environment

But Stellar also allows you to sell or buy other currencies or cryptocurrencies. The exchange rate of each trade is predetermined by the individual orders issued by each individual person. Therefore, these transactions do not use the automatic exchange rate that Stellar applies to personal transfers.

For example, if you want to change USD to GBP, you post that order in Stellar's transaction book. And at that time it is shown in the global network market.

Allows multi-currency transactions

As we have seen before, Stellar allows you to freely send funds internationally without the need for banks or exchange offices. In order to perform this operation, the network can perform one of these 3 operations:

1) Stellar converts funds via an order that is already on the market. And the change is automatically made.

2) Stellar converts forex X funds into Lumens on the global market. Then it turns those Lumens back into the currency and that will be the one that the receiver receives.

3) If you cannot “marry” market orders between two currencies, then Stellar looks for a set of trades on the network that will allow you to perform the trade. Imagine that I need to change USD into GBP. Then you could look for this group of transactions: USD to AUD, AUD to CAD, CAD to GBP.

Advantages of Stellar as a cryptocurrency

Stellar aims to be a platform that provides access to financial services to everyone around the world, including services for which they do not have banking services.

Stellar's main benefits come from its low transaction costs, near-instant transaction speed for cross-border transfers, and high security.

Specifically, transactions take approximately 2 to 5 seconds to be made and verified. In addition, the commissions charged for them are usually very economical.

On the other hand, Stellar Lumens platform offers high scalability. Currently the network can handle up to 2000 transaction processes. Although its engineers advance that actually the network can scale to 10,000 if you use services like Google Cloud Servers.

Stellar Lumens vs Ripple

If Stellar Lumens came from one of Ripple's co-founders, it will surely look a lot like Ripple, you'll think. Yes and no. And is that, as usually happens in this type of thing, as McCaleb had irreconcilable differences with the Ripple board, Stellar has several changes that are characteristic of this cryptocurrency.

To begin with, Stellar aims to assist in transactions between people. While Ripple seeks to do so by focusing primarily on banks.

One of the main differences between Stellar Lumens XLM and Ripple is that although Stellar can also be used by banks, its protocol targets the entire world. The idea is that by using Stellar, citizens and organizations in the poorest countries can transfer money internationally virtually free of charge and in just a few seconds.

If you are interested in knowing more about Stellar Lumens as the Stellar quote or would like to buy cryptocurrencies in Spain in a reliable and safe way, follow us! Through Coinmotion you will have all kinds of guarantees.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 8, 2021

Economic situation gets worse: Stagflation is now happening in the USA...

 People must learn quickly how to complete the necessary preparations to survive stagflation, which is happening right now in the United States.

Stagflation is an economic condition caused by a combination of slow economic growth, high unemployment and rising prices. It last happened in the 1970's as a result of monetary and fiscal policies and an oil embargo. (Related: Joe Biden is proving even more of a ‘master of disaster’ than Jimmy Carter.)

Brandon Smith of Alt Market said there is lot of things to be done and very little time to counter stagflation. To beat stagflation means to have localized production, decentralization and a move away from reliance on the global supply chain.

Smith, who blamed the Federal Reserve for stagflation, said there is also the need for an institution of local currency systems, perhaps using state banks like the one in North Dakota as a model, barter markets and physical precious metals that rise in value along with inflationary pressures.

He lashed out at the claim of the mainstream media that the Fed saved the U.S. from imminent collapse and that central bankers are heroes. Smith noted that reality isn’t a mainstream media story and the U.S. economy isn’t the stock market.

“All the Federal Reserve really accomplished was to forge a devil’s bargain: Trading one manageable deflationary crisis for at least one (possibly more) highly unmanageable inflationary crises down the road. Central banks kicked the can on the collapse, making it far worse in the process,” wrote Smith.

Money printed by Fed used to support banks and corporations around the world

Smith said the U.S. economy is extremely vulnerable because the money created from thin air by the Fed was used to support failing banks and corporations, not just in America but around the world.

“Because the dollar has been the world reserve currency for the better part of the past century, the Fed has been able to print cash with wild abandon and mostly avoid inflationary consequences,” noted Smith.

He warned that a massive injection of liquidity will happen if the dollars are to be held overseas in foreign banks and corporate coffers because of its global reserve status.

“There is no such thing as party that goes on forever. Eventually the punch runs out and the lights shut off. If the dollar is devalued too much, whether by endless printing of new money or by relentless inflationary pressures at home, all those overseas dollars will come flooding back into the United States,” Smith said. “We are now close to this point of no return.”

He clarified that President Joe Biden’s infrastructure bill and the pandemic stimulus are not the only culprits behind the stagflation event. Rather, stagflation is the culmination of many years of central bank stimulus sabotage and multiple presidents supporting multiple dollar devaluation schemes.

“Biden simply appears to be the president to put the final nail in the coffin of the U.S. economy,” wrote Smith, who said the Fed has pumped out approximately $6 trillion more in stimulus and helicopter money through PPP loans and COVID checks.

Biden is also ready to drop another $1 trillion in the span of the next couple years through his recently passed infrastructure bill.

Real crisis happens when inflation becomes visible to public

Smith said the real crisis happens when inflation becomes visible to the public and their pocketbooks take a hit. The Fed must make a choice whether to continue with inflationary programs and risk taking the blame for extreme price increases or taper these programs and risk an implosion of stock markets which have long been artificially inflated by stimulus.

He described the Federal Reserve as an ideological suicide bomber waiting to blow itself up and deliberately derail or destroy the American economy at the right moment.

“Federal Reserve is not a banking institution on a mission to protect American financial interests. The COVID pandemic, lockdowns and supply chain snarls provided the bankers the cover events to hide their calculated economic attack, otherwise the would take full blame for the disaster,” Smith said.

If inflation becomes rampant, the Federal Reserve may be compelled to raise the interest rates in a short span of time, which will result to immediate slowdown in the flow of overnight loans to major banks, an immediate slowdown in loans to large and small businesses, an immediate crash in credit options for consumers and an overall crash in consumer spending.

“This recipe created the the 1981-1982 recession, the third-worst in the 20th century,” noted Smith. In other words, the choice is stagflation, or deflationary depression, and it would appear that the Fed has chosen stagflation. We have now reached the stage of the game in which stagflation is becoming a household term, and it’s only going to get worse from here on.”

According to official consumer price index (CPI) calculations and Fed data, the U.S. is now witnessing the largest inflation surge in over 30 years – but the real story is much more concerning.

Smith said CPI numbers are manipulated – and have been since the 1990s when calculation methods were changed and certain unsavory factors were removed.

“If we look at inflation according to the original way of calculation, it is actually double that reported by the government today. In particular, necessities like food, housing and energy have exploded in price, but we are only at the beginning,” said Smith, who stressed that price spikes in necessities like housing and food will generate mass poverty and homelessness.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 8, 2021

La situación económica empeora: la estanflación está ocurriendo ahora en los EE.UU...

La gente debe aprender rápidamente cómo completar los preparativos necesarios para sobrevivir a la estanflación,que está sucediendo en este momento en los Estados Unidos.

La estanflación es una condición económica causada por una combinación de lento crecimiento económico, alto desempleo y aumento de los precios. Ocurrió por última vez en la década de 1970 como resultado de las políticas monetarias y fiscales y un embargo petrolero. (Relacionado: Joe Biden está demostrando ser aún más un 'maestro del desastre' que Jimmy Carter).

Brandon Smith, de Alt Market, dijo que hay muchas cosas por hacer y muy poco tiempo para contrarrestar la estanflación. Vencer la estanflación significa tener una producción localizada, descentralización y un alejamiento de la dependencia de la cadena de suministro global.

Smith, quien culpó a la Reserva Federal por la estanflación, dijo que también existe la necesidad de una institución de sistemas de moneda local, tal vez utilizando bancos estatales como el de Dakota del Norte como modelo, mercados de trueque y metales preciosos físicos que aumentan de valor junto con presiones inflacionarias.

Arremetió contra la afirmación de los principales medios de comunicación de que la Fed salvó a Estados Unidos de un colapso inminente y que los banqueros centrales son héroes. Smith señaló que la realidad no es una historia de los principales medios de comunicación y que la economía de Estados Unidos no es el mercado de valores.

"Todo lo que la Reserva Federal realmente logró fue forjar un pacto del diablo: cambiar una crisis deflacionaria manejable por al menos una (posiblemente más) crisis inflacionarias altamente inmanejables en el futuro. Los bancos centrales patearon la lata en el colapso, haciéndolo mucho peor en el proceso", escribió Smith.

El dinero impreso por la Fed se utiliza para apoyar a bancos y corporaciones de todo el mundo, Smith dijo que la economía de Estados Unidos es extremadamente vulnerable porque el dinero creado de la nada por la Fed se utilizó para apoyar a bancos y corporaciones en quiebra, no solo en Estados Unidos sino en todo el mundo.

"Debido a que el dólar ha sido la moneda de reserva mundial durante la mayor parte del siglo pasado, la Fed ha podido imprimir efectivo con un abandono salvaje y, en su mayoría, evitar consecuencias inflacionarias", señaló Smith.

Advirtió que se producirá una inyección masiva de liquidez si los dólares se mantienen en el extranjero en bancos extranjeros y arcas corporativas debido a su estado de reserva global.

"No hay tal cosa como la fiesta que dura para siempre. Finalmente el golpe se agota y las luces se apagan. Si el dólar se devalúa demasiado, ya sea por la impresión interminable de dinero nuevo o por las implacables presiones inflacionarias en el país, todos esos dólares extranjeros volverán a inundar a los Estados Unidos", dijo Smith. "Ahora estamos cerca de este punto de no retorno".

Aclaró que el proyecto de ley de infraestructura del presidente Joe Biden y el estímulo pandémico no son los únicos culpables del evento de estanflación. Más bien, la estanflación es la culminación de muchos años de sabotaje de estímulo del banco central y múltiples presidentes que apoyan múltiples esquemas de devaluación del dólar.

"Biden simplemente parece ser el presidente para poner el último clavo en el ataúd de la economía de Estados Unidos", escribió Smith, quien dijo que la Fed ha inyectado aproximadamente 6 billones de dólares más en estímulo y dinero helicóptero a través de préstamos PPP y cheques COVID.

Biden también está listo para dejar caer otro billón de dólares en el lapso de los próximos dos años a través de su proyecto de ley de infraestructura recientemente aprobado.

La verdadera crisis ocurre cuando la inflación se vuelve visible para el público

Smith dijo que la verdadera crisis ocurre cuando la inflación se hace visible para el público y sus bolsillos se ven afectados. La Fed debe tomar la decisión de continuar con los programas inflacionarios y arriesgarse a asumir la culpa de los aumentos extremos de precios o reducir estos programas y arriesgarse a una implosión de los mercados de valores que durante mucho tiempo han sido inflados artificialmente por el estímulo.

Describió a la Reserva Federal como un terrorista suicida ideológico que espera inmolarse y descarrilar o destruir deliberadamente la economía estadounidense en el momento adecuado.

"La Reserva Federal no es una institución bancaria con la misión de proteger los intereses financieros estadounidenses. La pandemia de COVID, los bloqueos y los gruñidos de la cadena de suministro proporcionaron a los banqueros los eventos de cobertura para ocultar su ataque económico calculado, de lo contrario asumirían toda la culpa del desastre", dijo Smith.

Si la inflación se vuelve desenfrenada, la Reserva Federal puede verse obligada a elevar las tasas de interés en un corto período de tiempo, lo que resultará en una desaceleración inmediata en el flujo de préstamos a un día a los principales bancos, una desaceleración inmediata en los préstamos a grandes y pequeñas empresas, un colapso inmediato en las opciones de crédito para los consumidores y un colapso general en el gasto del consumidor.

"Esta receta creó la recesión de 1981-1982, la tercera peor en el siglo XX", señaló Smith. En otras palabras, la elección es la estanflación, o depresión deflacionaria, y parecería que la Fed ha elegido la estanflación. Ahora hemos llegado a la etapa del juego en la que la estanflación se está convirtiendo en un término familiar, y solo va a empeorar de aquí en adelante".

Según los cálculos oficiales del índice de precios al consumidor (IPC) y los datos de la Fed, Estados Unidos ahora está presenciando el mayor aumento de la inflación en más de 30 años, pero la historia real es mucho más preocupante.

Smith dijo que los números del IPC están manipulados, y lo han sido desde la década de 1990, cuando se cambiaron los métodos de cálculo y se eliminaron ciertos factores desagradables.

"Si miramos la inflación de acuerdo con la forma original de cálculo, en realidad es el doble de la reportada por el gobierno hoy. En particular, las necesidades como los alimentos, la vivienda y la energía han explotado en precio, pero solo estamos al principio", dijo Smith, quien enfatizó que los aumentos de precios en necesidades como la vivienda y los alimentos generarán pobreza masiva y falta de vivienda.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 8, 2021

Hackers roban $196 millones de la plataforma de comercio de criptomonedas Bitmart...

La firma de seguridad y análisis de datos de Blockchain Peckshield, el sábado 4 de diciembre, reveló que los hackers han tomado $196 millones de la plataforma de comercio de criptomonedas Bitmart.

Bitmart confirmó el hackeo en una declaración oficial, llamándolo "una brecha de seguridad a gran escala" y diciendo que los hackers retiraron alrededor de $150 millones en activos, que es menos de la estimación de Peckshield.

Tras el hackeo, Bitmark dijo que todos los retiros han sido suspendidos temporalmente hasta nuevo aviso y que se estaba llevando a cabo una revisión de seguridad exhaustiva.

La brecha se notó cuando Peckshield señaló que una de las direcciones de Bitmark mostraba una salida constante de decenas de millones de dólares a una dirección, a la que Etherscan se refirió como el "Hacker Bitmart".”

Peckshield estimó que Bitmart perdió alrededor de $100 millones en varias criptomonedas en la cadena de bloques ethereum y otras monedas 96 millones de monedas en la cadena inteligente binance. Los hackers tomaron una mezcla de más de 20 tokens, incluyendo binance coin, safemoon y shiba inu. (Relacionado: Los hermanos sudafricanos desaparecen con bitcoin 3.6 mil millones en bitcoin robado.)

Bitmart aseguró que las billeteras calientes de la cadena inteligente ethereum y binance afectadas solo representan un pequeño porcentaje de los activos de intercambio y todas las demás billeteras están seguras e ilesas.

Las personas que eligen mantener su propia criptomoneda pueden almacenarla " caliente, fría o alguna combinación de los dos."Una billetera caliente está conectada a Internet y permite a los propietarios un acceso relativamente fácil a sus monedas para que puedan acceder y gastar su cripto. La compensación por conveniencia es la exposición potencial a malos actores.

Bitmart para compensar a las víctimas

Bitmart aseguró a las víctimas que utilizará su propio dinero para compensar a las víctimas por sus pérdidas y restaurar el comercio.

En un comunicado oficial el lunes de diciembre. 6, Bitmart dijo que había completado los controles de seguridad iniciales e identificado los activos afectados. El intercambio dijo que la brecha de seguridad fue causada principalmente por una clave privada robada, que afectó a dos de sus billeteras calientes.

Peckshield dijo que lo que sucedió fue un caso clásico de " transferencia, intercambio y lavado."Después de transferir los fondos de Bitmart, los hackers aparentemente utilizaron el agregador de intercambio descentralizado conocido como" 1inch " para intercambiar los tokens robados por ether. A partir de ahí, las monedas de éter se depositaron en un mezclador de privacidad conocido como Tornado Cash, haciendo que el dinero fuera más difícil de rastrear.

Rick Holland, director de seguridad de la información en la empresa de inteligencia digital Shadows, dijo que los ciberdelincuentes a menudo buscan un servicio de mezcla o gota. Holland explicó que estos servicios permiten a los usuarios combinar fondos ilícitos con criptomonedas limpias para esencialmente hacer un nuevo tipo de criptomoneda, momento en el que recurren a swaps de divisas. Esto dificultará que los investigadores rastreen las transacciones hasta su destino final.

Según el CEO de CoinGecko, Bobby Ong, el volumen de operaciones de Bitmark ha caído mucho desde el hackeo. Bitmark ofrece una mezcla de transacciones al contado, comercio de futuros apalancados, así como servicios de préstamos y apuestas. La plataforma de ONG informa sobre los volúmenes proporcionados por intercambios individuales.

"Los hacks de intercambio son bastante comunes", dijo Ong. "Los intercambios son un honeypot para los hackers debido a la alta rentabilidad potencial para cualquier explotación exitosa.”

Esta última brecha se produce en medio de una ola de ataques recientes. La semana pasada, el cripto prestamista Celsius Network admitió haber perdido fondos como resultado del hackeo de $ 120 millones de la plataforma financiera descentralizada BadgerDAO.

Un hacker también robó 600 millones de tokens en tokens de la plataforma de criptomonedas Poly Network. El hacker posteriormente devolvió casi todo el dinero.

Seguir BitcoinCollapse.noticias para más noticias relacionadas con la criptomoneda.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 8, 2021

Hackers steal $196 million from crypto trading platform Bitmart...

Blockchain security and data analytics firm Peckshield on Saturday, Dec. 4, revealed that hackers have taken $196 million from crypto trading platform Bitmart.

Bitmart confirmed the hack in an official statement, branding it “a large-scale security breach” and saying that hackers withdrew about $150 million in assets – which is less than the estimate of Peckshield.

Following the hack, Bitmark said all withdrawals have been temporarily suspended until further notice and a thorough security review was underway.

The breach was noticed when Peckshield noted that one of Bitmark’s addresses showed a steady outflow of tens of millions of dollars to an address, which Etherscan referred to as the “Bitmart Hacker.”

Peckshield estimated that Bitmart lost around $100 million in various cryptocurrencies on the ethereum blockchain and another $96 million from coins on the binance smart chain. The hackers made off with a mix of more than 20 tokens, including binance coin, safemoon and shiba inu. (Related: South African brothers disappear with $3.6 billion worth of stolen bitcoin.)

Bitmart assured that the affected ethereum and binance smart chain hot wallets only make up a small percentage of the exchange assets and all other wallets are secured and unharmed.

People who choose to hold their own cryptocurrency can store it “hot, cold or some combination of the two.” A hot wallet is connected to the internet and allows owners relatively easy access to their coins so that they can access and spend their crypto. The trade-off for convenience is potential exposure to bad actors.

Bitmart to compensate victims

Bitmart assured the victims it will use its own money to compensate victims of their losses and restore trading.

In an official statement on Monday, Dec. 6, Bitmart said it had completed initial security checks and identified the affected assets. The exchange said the security breach was mainly caused by a stolen private key, which affected two of its hot wallets.

Peckshield said what happened was a classic case of “transfer out, swap and wash.” After transferring the funds out of Bitmart, hackers apparently used the decentralized exchange aggregator known as “1inch” to exchange the stolen tokens for ether. From there, the ether coins were deposited into a privacy mixer known as Tornado Cash, which makes the money harder to trace.

Rick Holland, chief information security officer at cyberthreat intelligence company Digital Shadows, said that cybercriminals often look to a mixing or tumbling service. Holland explained that these services allow users to combine illicit funds with clean crypto to essentially make a new type of cryptocurrency, at which point they turn to currency swaps. This will make it difficult for investigators to trace transactions to their ultimate destination.

According to CoinGecko Chief Executive Officer Bobby Ong, Bitmark’s trading volume has gone down a lot since the hack. Bitmark offers a mix of spot transactions, leveraged futures trading, as well as lending and staking services. Ong’s platform reports volumes provided to them by individual exchanges.

“Crypto exchange hacks are fairly common,” said Ong. “Exchanges are a honeypot for hackers because of the high potential payoff for any successful exploit.”

This latest breach comes amid a wave of recent hacks. Last week, crypto lender Celsius Network admitted to losing funds as a result of the $120 million hack of the decentralized finance platform BadgerDAO.

A hacker also stole $600 million worth of tokens from the cryptocurrency platform Poly Network. The hacker subsequently returned nearly all of the money.

Follow BitcoinCollapse.news for more news related to cryptocurrency.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 8, 2021

Bitcoin and the Big Bubble...

Warning: Bitcoin, is in the eye of the storm, this cryptocurrency is "one of the biggest bubbles" in history...

Bitcoin vs the bubbles of the past, Tulips, are back in fashion

I recommend investing money in cyclical values and diversify portfolios, that is the most logical, but also, I warn, investments are a Russian roulette, they are playing to bet and whoever does not know this, does not understand absolutely nothing, here we talk about that to bet or invest, we must be sure of the idle money for that purpose and know also, that there is a great possibility of losing it, otherwise, we will not be able to enter the game.

As a Consultant and Financial Analyst, I believe that Bitcoin directly to, among other criptomonedas are one of the largest bubbles in history, according to what we are seeing continuously, with referecnia to the acontesimientos of the last times, there are serious problems of economic and financial power in all the planet and other new major inconveniences caused and not end up well.

This whole issue of bitcoin, with other cryptocurrencies, is one of the biggest bubbles in history, as I said before, we had already discussed it with colleagues at Capital Trust at the time. This bubble will eventually burst and it will get very ugly, I warn you, it will be very hard.

In particular, I think that the bubble of digital assets, are comparable, with the bubble of punto.com.

What is the bubble of punto.com?, we refer to it as the period between 1997 and 2000. During this period there was a strong and enormous growth in the values of the assets of companies linked to the Internet. In this way, it caused a strong economic bubble that led to the bankruptcy of a large number of companies.

I remember in this period from 1998 to September 2001, I belonged to the group of Martin Progeressive, New York City, where we worked directly with investments of the Stock Market and the NASDAQ Composite Market.

In order to take a dimension of the size of the crisis, let's see the following, the NASDAQ index, came to quote in March of the year 2000, about 5000 points, then, not so long, to then collapse, in such a way that it came to quote at 3500 points, and finally, by October 2002 its value was around 1300 points, standing at values similar to those of December 1996.

When the bubble burst punto.com I must say it was coming, long time ago, but no one was willing to bet when such an event would happen, we always thought, it will be in a week? maybe in a month? really when? until I get that day finally and did the inevitable, all the actions that were worth like a billion dollars, and in contrast, if we take into account the inflation, the majority of those actions do not valian absolutely nothing, that is what happens when you give values irrational impulses immoderate that are in the game, it's an absurd game between the emotional and the irrational.

However, I do not rule out the possibility that the price of bitcoin will grow due to excess liquidity in the financial square. There's too much money out there that can be channeled into this market. It has already become the casino, ever larger, colossal and unstoppable."

As an Advisor and Financial Analyst, I recommend investing money in cyclical securities and always diversifying portfolios, if possible, with a long-term view of at least 16 to 18 months, obvious reasons are everywhere. The cyclical trade is the long-term game, because it is estimated, that things will continue to improve, always in the long term", also another option and is what I like the most, are the support of investment in hard assets, such as gold and silver, although it is a very complex market even, because as few know, the markets are manipulated all the time, for that reason I always say, that investments are a Russian roulette or a bet, because it is very difficult to pre-tell short-term events, against reason and the emotional.

This bubble is in everything and in all the assets of the planet, we turned many into geniuses and gurus in recent years, while the bubble of the late 90s, was much narrower and the enthusiasm in the assets of those times responded, in part, to the great potential of the effects of the internet.

Also another factor that is affecting this problem, is the Federal Reserve, which is inflating the bubble indirectly, with the so-called stimulus, the Fed in this way, was inflating the big bubble, as we warned some time ago, just a few months ago. Expansionary policies, coupled with high debt and fiscal deficits and negative rates, threaten the long-term health of the dollar... what are we seeing today? a dollar in a free fall. Definitely, the problem was clearly identified, it is none other than Jerome Powell and the rest of the world's central bankers.

It happens that there is a lack of confidence brutal and this is getting tragic, but note, as they come down all the bags, the collapse is large, we add now, the situation of risk in the economy of China, this walking on the razor's edge, flooding, problems of a deficit of energy, the collapse of the construction companies of China and their policies unethical applied with reference to the schema Ponci, then, we obtain, bankruptcies and falling free from many companies such as Evergrande, and some other more, now, again, for breach of payment obligations, then we see in a short time what is coming, it is nothing promising.

Now, I have no doubt, that we are in a pathological mania, addressing all the assets of the planet and the risks of concentrating investment in a short-term approach, this leads to a disastrous crisis, all this has to do, with the fact that many investors, live in the present, which is an incorrect stance and a prominent long-term disaster.

Investors should look to the near future when deciding their trades and thus avoid the creation of these bubbles. Every event in the world affects something in particular. This is the reason and against part, to imagine the world with a long-term vision, it is necessary and essential, we are talking about a period of up to 18 months, it is reasonable, no more, so that you can identify or speculate, the values of assets in the future, with a somewhat more accurate reference, in reference to the values of assets today.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 7, 2021

Elon Musk sells Tesla shares to profit from its rise, it is the largest bubble that has been seen...

Elon Musk is not selling Tesla shares because he is short of cash; he simply wants to take advantage of the valuation of the automaker, according to Michael Burry on Twitter.

"Let's face it. @elonmusk borrowed against 88.3 million shares, sold all of his mansions, moved to Texas, and is asking @BernieSanders if he should sell more shares. You don't need cash. He just wants to sell TESLA," Burry said.

The investor in the film The Big Bet pointed out last week that Musk has taken personal loans against his shares, and suggested that the CEO of Tesla might be selling shares to pay those debts.

Musk recently pledged to sell 10% of its Tesla shares based on the results of a Twitter survey, and quickly cashed in nearly $ 7 billion (around € 6.1 billion) in shares last week.

Burry's tweet highlights that Musk reduced his tax bill by moving from California to Texas last year, sold most of his $ 100 million real estate portfolio, and assured Senator Bernie Sanders Sunday that he would sell more shares at the legislator's request.

Elon Musk, the richest man in the world, challenges the UN: he questions that 5.2 billion, 2% of his current fortune, can help eradicate hunger in the world

The investor's opinion is that Musk does not need cash, but wants to benefit from the fact that the Tesla stock price has multiplied almost 12 times since the beginning of last year.

Tesla and Scion have not responded immediately to Business Insider's requests for feedback.

In another tweet, the head of Scion Asset Management highlighted Tesla's stock chart, and the fact that Musk tweeted that the stock price was "too high" when the electric vehicle company's valuation was less than a fifth of its current level. "Just think about it," he said.

It is important to note that Burry stated in December 2020, that he was trading short on Tesla, and that Scion had bearish sell options on the stock in June of this year.

The investor told CNBC last month that he was no longer betting against Musk's company, but that may have changed now, especially since the 15% slump in Tesla's stock price last week was attributed in part to a Business Insider report highlighting Burry's theory of selling Musk shares.

Burry has repeatedly singled out Tesla as the emblem of a huge asset bubble. He called its stock price "ridiculous" in December 2020, predicted earlier this year that stocks would collapse like the mid-2000s real estate market, and suggested that stocks could plummet 90% as did Amazon and other high-flying tech stocks when the dotcom bubble burst.

Cryptos, Bubbles and Bonuses:

Burry has said he knows he should not bet against the rise of cryptocurrencies, and warns that assets are more overvalued today than during dotcom or housing bubbles, and hinted last Sunday in a tweet he has now deleted that he is betting on long-term government bonds.

The investor of the film 'The big Bet' warns that the stock market boom reminds him more and more of the dotcom bubble

"By the way, I have never shorted any cryptocurrency," he said. "This is my third bubble, and the biggest. I've learned a few things in all this time. 30-year treasury bills, for example..."

Burry jokingly asked how to cut short on cryptocurrencies in a tweet in October, and later told CNBC that that asset class is in a bubble.

However, he added that he sees value in the blockchain and non-fungible tokens (NFT), and has even made a small foray into the crypto world by buying some tokens.

The Scion chief's tweet suggests he might have taken a short stand against 30-year treasury bonds, probably because he hopes rising inflation will force the Federal Reserve to raise interest rates, driving bond prices down.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 7, 2021

Elon Musk vende acciones de Tesla para beneficiarse de su subida, es la mayor burbuja que se ha visto...

Elon Musk no está vendiendo acciones de Tesla porque esté falto de efectivo; simplemente quiere sacar provecho de la valoración del fabricante de automóviles, según ha asegurado en Twitter Michael Burry.

"Afrontémoslo. @elonmusk pidió prestado contra 88,3 millones de acciones, vendió todas sus mansiones, se mudó a Texas, y está preguntando a @BernieSanders si debería vender más acciones. No necesita dinero en efectivo. Sólo quiere vender TESLA", decía Burry.

El inversor de la película La gran apuesta señalaba la semana pasada que Musk ha tomado préstamos personales contra sus acciones, y sugería que el CEO de Tesla podría estar vendiendo acciones para pagar esas deudas. 

Musk se comprometió recientemente a vender el 10% de sus acciones de Tesla basándose en los resultados de una encuesta en Twitter, y rápidamente cobró casi 7.000 millones de dólares (alrededor de 6.100 millones de euros) en acciones la semana pasada.

El tuit de Burry destaca que Musk redujo su factura fiscal al mudarse de California a Texas el año pasado, vendió la mayor parte de su cartera inmobiliaria de 100 millones de dólares y aseguró el domingo al senador Bernie Sanders que vendería más acciones a petición del legislador. 

Elon Musk, el hombre más rico del mundo, desafía a la ONU: cuestiona que 5.200 millones, el 2% de su fortuna actual, puedan ayudar a erradicar el hambre en el mundo

La opinión del inversor es que Musk no necesita dinero en efectivo, sino que quiere beneficiarse de que el precio de las acciones de Tesla se haya multiplicado casi por 12 desde principios del año pasado.

Tesla y Scion no han respondido inmediatamente a las solicitudes de comentarios de Business Insider.

En otro tuit, el jefe de Scion Asset Management destacaba el gráfico de las acciones de Tesla, y el hecho de que Musk tuiteara que el precio de las acciones era "demasiado alto" cuando la valoración de la compañía de vehículos eléctricos era menos de una quinta parte de su nivel actual. "Sólo hay que pensarlo", decía. 

Es importante señalar que Burry declaró en diciembre de 2020, que estaba operando en corto en Tesla, y que Scion tenía opciones de venta bajistas sobre la acción en junio de este año.

El inversor comentó a la CNBC el mes pasado que ya no apostaba contra la compañía de Musk, pero eso puede haber cambiado ahora, especialmente porque el desplome del 15% en el precio de las acciones de Tesla la semana pasada se atribuyó en parte a una información de Business Insider que destacaba la teoría de Burry sobre la venta de acciones de Musk.

Burry ha señalado repetidamente a Tesla como emblema de una enorme burbuja de activos. Calificó el precio de sus acciones de "ridículo" en diciembre de 2020, predijo a principios de este año que las acciones se derrumbarían como el mercado inmobiliario de mediados de la década de 2000, y sugirió que las acciones podrían desplomarse un 90% como lo hicieron Amazon y otras acciones tecnológicas de alto vuelo cuando estalló la burbuja de las puntocom.

Criptos, Burbujas y Bonos:

Burry ha dicho que sabe que no debe apostar contra el auge de las criptomonedas, y advierte que los activos están más sobrevalorados hoy que durante las burbujas de las puntocom o de la vivienda, e insinuaba el pasado domingo en un tuit que ahora ha borrado, que está apostando por los bonos del Estado a largo plazo.

El inversor de la película 'La gran apuesta' avisa de que el boom bursátil le recuerda cada vez más a la burbuja de las puntocom

"Por cierto, nunca he puesto en corto ninguna criptomoneda", puntualizó. "Esta es mi tercera burbuja, y la más grande. He aprendido un par de cosas en todo este tiempo. Los bonos del Tesoro a 30 años, por ejemplo..."

Burry preguntó en broma cómo ponerse en corto con las criptomonedas en un tuit en octubre, y más tarde comentó a la CNBC que esa clase de activos está en una burbuja. 

Sin embargo, añadió que ve valor en el blockchain y en los tokens no fungibles (NFT), e incluso ha hecho una pequeña incursión en el mundo cripto comprando algunos tokens.

El tuit del jefe de Scion sugiere que podría haber tomado una posición corta contra los bonos del Tesoro a 30 años, probablemente porque espera que el aumento de la inflación obligue a la Reserva Federal a subir los tipos de interés, haciendo caer los precios de los bonos.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 7, 2021

El Bitcoin y la Gran Burbuja...

Advertencia: Bitcoin, esta en el ojo de la tormenta, esta criptomoneda es "una de las mayores burbujas" de la historia...


Recomiendo invertir dinero en los valores ciclicos y diversificar carteras, eso es lo mas logico, pero ademas, advierto, las inversiones son una ruleta rusa, estan jugando a apostar y el que no sabe esto, no entiende absolutamente nada, aqui hablamos de que para apostar o invertir, debemos de estar seguros del dinero ocioso para tal fin y saber ademas, que hay una gran posibilidad de perderlo, de lo contrario, no podremos entrar en el juego.

Como Asesor y Analista Financiero, creo que Bitcoin directamente, entre otras criptomonedas son, una de las mayores burbujas de la historia, según lo que estamos viendo continuamente, con referecnia a los acontesimientos de los ultimos tiempos, hay graves problemas, de orden economico y financiero en todo el planeta y otros nuevos grandes inconvenientes provocados y que no terminaran bien. 

Todo este asunto del bitcóin, con otras criptomonedas, son una de las mayores burbujas de la historia, como dije antes, ya lo habiamos discutido con colegas de Capital Trust en su momento. Esta burbuja va a terminar por estallar y la cosa se pondrá muy fea, advierto, va a ser muy duro. 

Particularmente, pienso que la burbuja de activos digitales, son comparable, con la burbuja de las punto.com.

Que es la burbuja de las punto.com?, nos referimos a ella, como el periodo comprendido entre 1997 y 2000. Durante dicho periodo se produjo un fuerte y descomunal crecimiento de los valores de los activos de las empresas vinculadas a Internet.  Llegando de este modo, a provocar una fuerte burbuja económica que llevó a la quiebra a una gran cantidad de empresas.

Recuerdo en este periodo desde 1998 a septiembre de 2001, yo pertenecia a la grupo de Martin Progeressive, New York City, donde trabajabamos directamente con inversiones del Mercado Bursatil y del Mercado NASDAQ Composite.

A efectos de tomar una dimensión del tamaño de la crisis, veamos lo siguiente, el índice NASDAQ, llegó a cotizar en marzo del año 2000, sobre los 5000 puntos, luego, no paso tanto tiempo, para luego desplomarse, de tal forma que llego a cotizar en los 3500 puntos, ya finalmente, para octubre de 2002 su valor rondaba los 1300 puntos, situándose en valores similares a los de diciembre de 1996.

Cuando estalló la burbuja punto.com, debo decir que se veia venir, hacia mucho tiempo, pero nadie se animaba a apostar cuando sucederia tal evento, siempre pensabamos, sera en una semana?, tal vez en un mes?, realmente cuando?, hasta que llego ese dia finalmente y ocurrio lo inevitable, todas aquellas acciones que valían como un billón de dólares y en contraste de ello, si tenemos en cuenta la inflación, la mayoría de esas acciones no valian absolutamente nada, eso es lo que sucede cuando se dan valores irracionales, por los impulsos desmedidos de los que estan en el juego, es un juego absurdo entre lo emocional y lo irracional. 

No obstante, no descarto la posibilidad de que el precio del bitcóin crezca debido al exceso de liquidez en la plaza financiera. Hay demasiado dinero ahí fuera que puede canalizarse hacia este mercado. Se ha convertido ya en el casino, cada vez mas grande, de forma colosal e imparable". 
Como Asesor y Analista Financiero, recomiendo invertir dinero en los valores cíclicos y diversificar siemrpe las carteras, en lo posible, con miras a largo plazos como minimo de 16 a 18 meses, razones obvias hay por doquier. El comercio cíclico es el juego a largo plazo, porque se estima, que las cosas van a seguir mejorando, siempre a largo plazo", tambien otra opcion y es lo que mas me gusta, son el respaldo de inversion en activos duros, como el oro y la plata, aunque es un mercado muy complejo aun, porque como pocos saben, los mercados son manipulados todo el tiempo, por esa razon siempre digo, que las inversiones son una ruleta rusa o una apuesta, porque es muy dificil preedecir los acontecimientos a corto plazo, en contra de la razon y lo emocional. 

Esta burbuja está en todo y en todos los activos del planeta, convertimos en genios y en gurues a muchos en los últimos años, mientras que la burbuja de finales de la década de los 90, era mucho más estrecha y el entusiasmo en los activos de esos tiempos respondía, en parte, al gran potencial de los efectos de internet.

Tambien otro factor que esta incidiendo en este problema, es la Reserva Federal, que está inflando la burbuja de forma indirecta, con los llamados estímulo, la Fed de esta manera, estaba inflando la gran burbuja, tal y como ya advertimos hace un tiempo atrás, apenas unos meses. Las políticas expansivas, junto a las elevadas deudas y déficit fiscal y ademas las tasas negativas, ponen en peligro la salud del dólar a largo plazo... que estamos viendo hoy?, un dolar en caida libre. Definitivamente, el problema fue  claramente identificado, es nada menos que Jerome Powell y el resto de los banqueros centrales del mundo. 

Sucede que hay una falta de confianza brutal y esto se esta poniendo trágico, sino fijense, como vienen en caida todas las bolsas, el desplome es grande, sumemos ahora, la situacion de riesgo de la economia de China, esta caminando en el filo de la navaja, las inundaciones, problemas de deficit energetico, la caida de las empresas constructoras de China y sus politicas poco eticas aplicadas con referencia al esquema Ponci, entonces, obtenemos, quiebras y caidas libres de muchas empresas como Evergrande y algunas otras mas, ahora nuevamente por incumplir pagos y obligaciones, entonces vemos en poco tiempo lo que se avecina, no es nada prometedor.

Ahora bien, no tengo ninguna duda, de que estamos en una manía patológica, abordando todos los activos del planeta y los riesgos de concentrar la inversión en un enfoque a corto plazo, esto conlleva a una crisis desastrosa, todo esto tiene que ver, con el hecho de que muchos inversores, viven el presente, que es una postura incorrecta y un prominente desastre a largo plazo.

Los inversores deberían observar el futuro cercano a la hora de decidir sus operaciones y así, evitar la creación de estas burbujas. Cada evento en el mundo afecta a algo en particular. Este es el motivo y contra parte, para imaginar el mundo con una visión a largo plazo, es necesario y primordial, estamos hablando de un periodo de hasta 18 meses, es razonable, no mas, de tal manera que pueda identificar o especular, los valores de los activos a futuro, con referencia un tanto mas acertada, en referencia a los valores de los activos de hoy.  

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, Dicember 7, 2021

2021/11/24

QFS puts an end to the fraudulent fractional reserve banking and monetary system (QFS-Quantum Financial System)...

End of the decline of the old fnancial fractional reserve system, money-debt system.

° The deep state financing scam

° Real money converted into fake money

° Stimulus is a fraud

° Taxpayers ' money is laundered through private property tax offices.

° The corrupt fractional money-debt system makes us live like medieval servants.

The banking system was a fantastic business for 250 years, since it was created in 1760 by Amshel Mayer Rothschild, but no longer, the system lent money they did not have and charged the lender interest on it, to which were added the "fractional reserve loan" that allowed banks to lend ten times more than they had deposited. This is simply called: SCAM...

In other words, they lent "money" that they didn't have and didn't physically exist because they didn't have any hard backing to pounce on it, appropriately called credit or debt money, with interest charges attached.

In a fraudulent monetary system, debt in real terms becomes impossible to pay, while the settlement of the required debt can only be achieved by devaluing the currency, i.e. inflation, in other words, theft.

Fake money rewards dark cliques of special interests, more closely associated with money managers:

° As the Deep State

° Banking industry

° The military industrial complex

° The Bigpharma

° All corporatocracies

° Wall Street

° The Vatican (who launders dirty money from the globalist elites through the Ambrosian bank)

° The infinite beneficiaries of public spending.

The unfair distribution of wealth is a characteristic of a ”fiduciary” monetary system and is observed today at its end. For example, the three richest people on Earth own more than 60% of the money of the world's population. Fiat money doesn't like morality, but it creates immoral societies. It requires the rejection of a convertible commodity standard and can only be enforced with powerful legal tender laws.

Economic bubbles are created artificially, by those who own fiat money, central bank manipulation of money supply and interest rates. A fiat currency eliminates a definable accounting unit, necessary for a sound economic calculation.

Most importantly, the central bank's global financial debt system is being pushed to the point of deflation, which will force the Deep State to relinquish its global control. The fiduciary financial system will be replaced by local currencies, i.e. units of sovereign money backed by gold, which will be executed through the QFS. This will be the basis for the Post-Fiduciary or Fiat world, the answer is GESARA.

Recovering from the damage caused by fiat currencies will be far more difficult than rejecting the temptation to start a fiat currency as a unit of account in the first place. Honest money is the essential ally of freedom. Precious metals should and will again serve as the basis for the new QFS system.

Around the world, people are waking up to the fact that the current money-debt (fiat money) economic system is unsustainable and bankers are quietly and secretly preparing for the worst. Governments will do what they always did in every financial crisis, protect the banks and all those within the system who belong to the Deep State.

The citizens of the middle class and poor, are already suffering the consequences of the financial and monetary system corrupt, organizing the running of the bulls to break all the economies around the globe, by means of mandates draconian and Orwellianos, the WHO, the UN and the IMF, the Big Pharma, the CDC, the governments of each country, together with the relevant ministries of health and with the consent of politicians, doctors, health centers, means of communication, mass, all are directly responsible for a form or another, in the framework of the Plandemia of 2020, so that, the middle and lower classes are struggling to find the best way to protect their wealth and ensure their security in these difficult times, not to mention that most are in a miserable shortage because of what has already been exposed. The unfolding of the greatest financial fraud in history and the greatest bubble is now upon us.

People must understand that they are living with a criminal private central banking system and totally unfair to their government as a partner. What is observed is nothing other than to let us all live as medieval “servants”. It is therefore vital that all private Central Banks be abolished at all costs and that legislation be enacted to ensure that no such bank is re-established in the future.

Clarification: All the central banks of all the countries of the planet, including the Federal Reserve, belonged to the Rothschild Family.

The Deep State funding scam:

The plan is not just to go after the shadow Government and the Deep State, but to go after the source of their funding that has made it possible for them to do what they do; to print easy money and corrupt. In short; Rothschild-controlled central banks print money out of thin air, governments borrow it with added usury, and let taxpayers finance this fraud.

Central banks are not tied to any control audits, so they can do whatever they want. Applying accounting practices that do not account for the money they have created. And as you can see, the entire economic system is rapidly deteriorating. President Trump continually and correctly points the finger at the Federal Reserve. He argues that they allow the economy to slide into recession, and constantly repeats that what the Fed is doing is wrong, insinuating that this will be the reason why if the economy weakens, eventually falls to a thousand pieces, the Central Banks are to blame.

Look at the current economy, people will see that all sales are running out. Car sales are down 20 %. Also new home sales are disintegrating in several areas with a downward trend of 8% month-to-month. Meanwhile, sales prices in many regions have fallen between 20 and 35% and if we see the rate in different countries this settles much more since a year ago. in consequence, coupled with the shortage of supplies and raw material, it can be noted since the great inflacioin associated to this particular fact, the fuel, between 2.5 and 8.7%, depending on the state, the food, the values of inflation ranging between 1.8 and 3.6 %, depending on the state and/or county, this is burtal and still not arrived in the time of the year-end holidays, that happen? nobody has the crystal ball, all I can say is that this bubble will explode and it will be the last and it will be as well, like no other crisis created. This is a complete and total disaster, even worse after the Fed lowered the interest rate to zero, which affects retirees in the first place.

Real money turned into fake money:

In the depression of the 30s what mattered was the money supply, but after Nixon in 1972 abolished the gold backing for the US dollar, he changed the “real money “to”fake credit/debt money". So now, it's not the money supply that matters, it's the credit supply/amount of debt created. As long as credit rises at a healthy rate below 2%, which means inflation and is nothing more than a simple theft by the government, markets and GDP rise. When the demand for credit does not increase, a recession and falling markets are expected. The idea behind QE (*) was to provide more credit money, but as there was no market for it, QE became a useless tool, since QE (*) does not create additional lending capacity.

(*) QE corresponds to a series of measures used by Central Banks to increase the monetary base, injecting liquidity into the reserves of the banking system.

Quality assessment cannot effectively create a new volume of loans. To put it as simply as possible. Reserves are bank assets. Loans are limited by available capital. QE changes assets but does not alter capital. If the Central Bank buys $ 2.6 trillion in treasury bonds from the non-governmental sector, the non-governmental sector sells $ 2.6 trillion in treasury bonds to the Central Bank. Giving the impression that the central bank of the Federal Reserve "injected" 2.6 trillion dollars in liquidity into the system. Despite this, the net effect remains zero.

Therefore, to say that a bank can go to Goldman Sachs and leverage the $ 2.6 trillion as if it were something new is not correct. They could do so before using Treasury securities as collateral

The idea that excess reserves point to future hyperinflation is also absurd. The assumption is that the banking system will somehow "lend" these excess reserves. That can't happen, it's impossible. Banks as a whole cannot lend reserves, period. Even very intelligent people are wrong in this concept.

Alejandro O. Asharabed Trucido

+54911 5665 60608
Buenos Aires, November 24, 2021