Being a Widow in India is a Curse

As spectators to India’s surge ahead towards becoming a global nation we some times tend to forget the centuries old traditions that have often defined India across time. And even today’s generation thinks of India of yore it’s all the seemingly good things that come mind.

But along the superpower that India is, exists a rather rudimentary nation that still exists in the past. Mention the secluded lives of widows and many of us won’t even acknowledge that there are people who still think that the death of a spouse can alter the course of lives.

Lonely Images, a photo exhibition offered one such insight into the world of Indian widows. Often condemned to a life of loneliness and subjected to taunts, physical and mental torture at the hands of the deceased husband’s relatives, widows in India have no one else to turn to except gods.

Featuring the works of Ying Leong, Erik Boker, Brain Harmon and Vanessa Tang, Lonely Images highlights the women forced by centuries old traditions to renounce all of life’s luxuries.

Vanessa Tang shows the life of such women in the holy city of Benares. Tang’s lens captures the ‘slowness’ of a widows’ life along the banks of Ganga. The images are unlike anything that Incredible India would ever show you as they depict a world that is as old as time itself and yet survives parallel to the present.

Put together by the Guild For Service, an organisation dedicated to empowering women for more than forty years, the exhibition also highlights the work done by the Guild. Started in 1972 by the Nobel Peace Prize nominee Dr Mohini Giri, the organisation spearheads the movement for giving status to widows and bringing back dignity and joy to their lives.

Ying Leong’s photos feature the widows at Amar Bari, Guild For Service’s shelter home for widows in Vrindavan. The death of a husband changes everything for millions of women in India and more often than not this also means a journey to Vrindavan, one of India’s holiest town.

According to estimates Vrindavan has over 4,000 temples and the city is home to more than 20,000 widows. Forced to live according to the ancient scriptures such as The Dharmashatra, which covers the moral, ethical and social laws of ancient India, Amar Bari has women whom tradition expects to devote the remainder of their lives to the memory of the departed husband.

The last section of Lonely Images is made up by the joint works of Erik Boker and Brain Harmon. Large canvases featuring classical studio portraits of widowed women form a better part of the duo’s work. The images might be staged, the set-ups might be planned but the photographers nevertheless capture rare glimpses of happiness in their subjects.

Visually stunning and strong images, some of them break away from traditional portraits and focus on cutaways and close ups of hands and eyes. It might be very easy for many of us to shun the rules of yore by spinning yarns of progress but we need to understand that no matter how far we come some part of the past just refuse to die.

NOTE: This photography exhibition in Delhi depicts clearly the lonely images of an Indian widow’s life.

E-currency Exchange Program

The internet is being flooded with E-currency exchange programs, each with their own flaws and virtues. The popularity of the e-currency exchange business is spreading like wildfire, but before you jump in there are a few things you should know. Before you spend your hard earned money on anything promising amazing returns you need to do your research.

First of If you are not familiar with the e-currency exchange business then I will fill you in on the details. This business is not hard to understand but it takes time to get a hang of all the terminology and guidelines. In this business you will create a portfolio which you will use to facilitate the process of exchanging dollars to electronic currencies. For your role in this process you’re portfolio will be rewarded with .2-2% gains compounded daily.

This means that from an initial deposit of $500 successful exchanging can bring in returns of around $1,000 in a months time. Profits will vary based on the initial deposit and the amount of time spent working in the system, obviously the higher the startup capital and the more time spent working the higher the profits will be.

Several successful pioneers of this system have put together training courses designed to assist you in quickly and effectively setting up your portfolio. Most people that get attracted to this business get there by way of one of these e-currency exchange programs.

Why do people pay money for these programs? People pay because these programs provide a service necessary to success in this business. For example, if you log in to the DXInOne website (the site that provides the market place for these transactions) you will quickly see that there is nothing there that provides direction or help. It is set up to be an efficient service for those that know how to operate it.

What these paid programs do is provide non-experienced people with step-by-step tutorials on how to bring in, take out, and manage your money and profits in the DXInOne. The full service programs also provide advanced exchanging strategies along with support capabilities via phone or email.

If you have accepted the fact that the easiest way to get started is through a training course then you’re probably wondering which offer the most bang for your buck.

The most popular courses are: Currency Exchange Profits by Gary Jezorski, DXTrainers by Matthew Glanfield, Barnes e-Currency Exchange program by Warren Barnes, e-Currency Profit by Liza Guchui, Mazu Business Pack by Matt Gagnon and DXPowerTeam by Dave Bennet. These are not the end all of e-currency training programs but are generally accepted as being the leading courses in this industry.

Before purchasing any of those courses I highly recommend doing some research on what each one provides. There are plenty of courses that claim to offer the world and in reality leave you with nothing but a 300 page incoherent e-book and a credit card payment.

Be smart in your decision; choose a course that accommodates your learning abilities and preferences and you won’t regret getting involved in the e-currency exchanging business.

How to Get a 3% Discount Genesis Mining Promo Code

If you have ever wondered how Bitcoin is created and if you can produce the currency yourself, the answer is yes you can, but you would probably be better off investing in a large-scale cryptocurrency mining operation like Genesis. If you invest in a cryptocurrency mining company, and you use a genesis mining promo code, you can gain a good return on your investment, without all the problems of setting up a mining operation of your own.

Bitcoin is a digital currency that is not controlled by any central government or bank; the currency is produced by the community. Of course, you can’t simply go out and make your own Bitcoin, because it is produced by mining, which is a procedure that uses powerful computers to solve complex mathematical problems.

It is possible to set up your own Bitcoin mining operation, but it needs a lot of computing power to do it and that means a lot of electricity, a lot of noise from the machines, and a lot of heat is generated too, which is why setting up a mining operation in your own home is not an attractive proposition for most people.

Genesis Mining, which was set up in 2013, is probably the best known and most trusted cryptocurrency companies there is. The company, which was the world’s first large-scale multi-algorithm cloud mining service, offers a range of investment opportunities, which allow you to rent computing resources on one of the their mining farms, and if you have a genesis mining promo code, you can save 3% on your rental costs.

If you are thinking about investing in Bitcoin mining with Genesis or any other company, it is advisable to your research first and to gain a basic understanding of cryptocurrency terminology. While Genesis is one of the most transparent and open of the mining companies and they often offer attractive Genesis mining promo codes, it is still wise to understand what it is you are investing in and what the potential risks are before you part with any of your money.

If you do decide to invest in Bitcoin, here’s how you can get a 3% discount using genesis mining promo code “mJcnzk”:

First, simply log into your Genesis Mining account or, if you don’t already have an account, you can set one up in just a few minutes. Then, navigate your way to the “Buy Hashpower” option and choose the type of contract that you want to purchase, for example, SHA256, X11, Ether, or Monero, and then select your contract size. You will then need to select your payment type and after you have pressed continue you will be able to copy and paste the Genesis mining promo code “mJcnzk” into the promo code area. All you need to then is to check the box to agree to the terms, confirm your order, and you will be taken to the details page where you will find your payment details.

If you keep the Genesis mining promo code “mJcnzk” somewhere safe, you can use it again to upgrade your hashpower whenever you like.

What Is Blockchain?

Blockchain is an irrefutably resourceful invention which is practically bringing about a revolution in the global business market. Its evolution has brought with it a greater good, not only for businesses but for its beneficiaries as well. But since it’s revelation to the world, a vision of its operational activities is still unclear. The main question stick in everyone’s mind is – What is Blockchain?

To start with, Blockchain technology serves as a platform that allows the transit of digital information without the risk of being copied. It has, in a way, laid the foundation of a strong backbone of a new kind of internet space. Originally designed to deal with Bitcoin – trying to explain the layman about the functions of its algorithms, the hash functions, and digital signature property, today, the technology buffs are finding other potential uses of this immaculate invention which could pave the way to the onset of an entirely new business dealing process in the world.

Blockchain, to define in all respects, is a kind of algorithm and data distribution structure for the management of electronic cash without the intervention of any centralized administration, programmed to record all the financial transactions as well as everything that holds value.

The Working of Blockchain

Blockchain can be comprehended as Distributed Ledger technology which was originally devised to support the Bitcoin cryptocurrency. But post heavy criticism and rejection, the technology was revised for use in things more productive.

To give a clear picture, imagine a spreadsheet that’s practically augmented tons to times across a plethora of computing systems. And then imagine that these networks are designed to update this spreadsheet from time to time. This is exactly what blockchain is.

Information that’s stored on a blockchain is a shared sheet whose data is reconciled from time to time. It’s a practical way that speaks of many obvious benefits. To being with, the blockchain data doesn’t exist in one single place. This means that everything stored in there is open for public view and verification. Further, there isn’t any centralized information storing platform which hackers can corrupt. It’s practically accessed over a million computing systems side-by-side, and its data can be consulted by any individual with an internet connection.

Durability and Authenticity of Blockchain

Blockchain technology is something that minims the internet space. It’s chic robust in nature. Similar to offering data to the general public through the World Wide Web, blocks of authentic information are stored on blockchain platform which is identically visible on all networks.

Vital to note, blockchain cannot be controlled by a single people, entity or identity, and has no one point of failure. Just like the internet has proven itself as a durable space since last 30 years, blockchain too will serve as an authentic, reliable global stage for business transaction as it continues to develop.

Transparency and Incorruptible Nature

Veterans of the industry claim that blockchain lives in a state of consciousness. It practically checks on itself every now and then. It’s similar to a self-auditing technology where its network reconciles every transaction, known as a block, which happens aboard at regular intervals.

This gives birth to two major properties of blockchain – it’s highly transparent, and at the same time, it cannot be corrupted. Each and every transaction that takes place on this server is embedded within the network, hence, making the entire thing very much visible all the time to the public. Furthermore, to edit or omit information on blockchain asks for a humongous amount of efforts and a strong computing power. Amid this, frauds can be easily identified. Hence, it’s termed incorruptible.

Users of Blockchain

There isn’t a defined rule or regulation about who shall or can make use of this immaculate technology. Though at present, its potential users are banks, commercial giants and global economies only, the technology is open for the day to day transactions of the general public as well. The only drawback blockchain is facing is global acceptance.

Forex Trading: Introduction to Foreign Exchange Trading

The foreign exchange markets are always in a constant state of flux, and for the budding trader, it can be a rather daunting place to invest and trade your money. We bring you into the world of foreign exchange trading. As you look into the prospect of forex trading you will begin to understand the width and breadth of the forex market. It is a worldwide market trading currencies 24 hours a day 7 days a week (Well actually, markets are actually open for about 5.5days a week actively trading). As a consequence of this huge market, the market is highly liquid and high volume takes place daily. As the market in constant flux there are plenty of opportunities for forex trading.

Forex trading takes advantage of the constant flux of the market, buying and selling into and out of the ebbs and flows of the foreign exchange trading charts. Many profitable trades await the trader in these markets. So as you examine your charts as a forex trader you will find that the market display’s repetitive behaviour as well as trends. Trends can go in three ways; an up trend, down trend and a sideways trend. As a trader you take advantage of price differences so you ought to stay away from sideways trending forex markets while jumping at every chance at up trending (long) markets or down trending (short) markets.

The important catchphrase in forex trading or any other trading for that matter is that “the trend is your friend.” An uptrend is simply defined as a set of prices on a chart that display a pattern of higher highs and higher lows: or put simply a graph going up from left to right. A downtrend is the opposite to an uptrend with a pattern of lower lows and lower highs: or simply put a graph going down from left to right. Then you have your sideways charts which really doesn’t display any clear uptrend or downtrend and shows up as either an erratic pattern of highs and lows or a pattern where the price doesn’t really change much between the highs and lows.

Foreign exchange trading takes advantage of trends and the price differences at which the traders buy and sell the foreign currencies. It is a highly valuable skill to master the ability to read charts and to be able to see the uptrends and downtrends as well as the sideways trends in any chart or market you examine. Remember, the trend is your friend, ride the trend and you shall have your profits. As profits are the main objective of any forex trading venture.

Lesson 2 – The Commodity Of Kings!

What is “The Commodity of Kings”

“Power is simply “the ability to act.” Since ancient times, power has been the commodity of kings. Power originally came to those who were strongest physically. Later, it came to those who had a special heritage through royalty. More recently, it came to those who had the greatest wealth or capital. Today, those who possess specialized and valuable knowledge have the greatest capacity for power.” Anthony Robbins – from his book Unlimited Power

Specialized and valuable knowledge.

In lesson 1, we learned that there are only two things that can prevent you from becoming wealthy. You don’t know how, or you are unwilling to apply what you know. Today we will dive into reason number one.

Simply put, chances are, you were never taught how to become wealthy. Think for just a moment, what is it that separates you from the Donald Trumps of the world or for that matter any mega-wealthy person?

Is it time? No! we all have the same 24 hours in each day. As you will learn, how you spend your 24 hours will make all the difference however.

Is it a privileged background? Not at all. Remember rags to riches require rags to begin with.

Ah Ha! It must be education! Absolutely not! At least not in the traditional sense. When we think of education most of us think about going to school, graduating, possibly attending college or graduate school so we can graduate and get a good “JOB”. Traditional education teaches us to become a productive part of the workforce, but in no way teaches us the basics of wealth! You may remember going to algebra class, or studying a foreign language, or history, or economics.

How many times have you gone to Wealth Building 101, or advanced personal financial success? Never we suspect, and if you happen to have attended classes you feel were teaching wealth building, doesn’t it make sense that your instructors should have been wealthy? Were they?

Did you know that Fred Smith, founder of Federal Express, received a “D” on his term paper. The one that outlines the worlds first overnight package delivery service! AKA Fed_Ex

Avis of AVIS car rental, McDonald of McDonald’s hamburgers, Colonel Sanders of Kentucky Fried Chicken, Lear of Lear Jets, Henry Ford, and Abraham Lincoln all have one thing in common – They never graduated HIGH SCHOOL!

So much for traditional education!

The fact is, the specialized and valuable knowledge of wealth building is self taught. The good news is it’s simple to understand and enjoyable to learn, and if you apply that knowledge, you will begin to create wealth.

Welcome to your first day of class, wealth building 101.

How did the majority of people who are wealthy get that way?

If you knew you had a 74% chance of wining would you buy a lottery ticket? Millions of people line up each week to purchase lottery tickets for their chance to become wealthy. However, according to the U.S. department of Health and Welfare, less than 1% of all wealth in America was created by lottery winners.

What if you could Beat The Odds!

74% of all wealth in America was made just one way; by starting and owning your own business. If you own your own business, the chances of you becoming wealthy are 284% grater than any other way wealth is created. This includes all other methods of becoming wealthy, from Pro sports figures, to astute investors, to lottery winners! It makes absolute sense that if you goal is to become wealthy, you must have your own business!

So we have now learned that the greatest opportunity to become wealthy is through owning your own business.

The second set of specialized and valuable knowledge is an entirely new way to look at your personal finances.

Robert Kiyosaki in his blockbuster #1 best-selling book developed a completely new and simplified way to understand your personal spending and earning patterns, and how they lead you closer to or farther away from becoming wealthy. To explain these cash flow concepts in more detail.

The following information is gathered from his book Rich Dad Poor Dad – What the rich teach their kids about money that the poor and middle class do not! and Robert’s website: http://www.richdad.com

Financial Statements

Rich Dad said, “The riskiest investor of all is a person who is out of control of his or her personal financial statement. These are people who have nothing but liabilities that they think are assets and as much in expenses as they have in income and whose only source of income is their labor.”

Understanding your Financial Statement is the foundation for taking control of your personal finances. Rich Dad believes the relationship between the Income Statement and the Balance Sheet was everything. What is the first step to financial freedom? Take control of your Financial Statement.

Cash Flow Pattern of the Poor (or a young person still living at home): The poor spend every penny they make and they have no assets or liabilities, only expenses. The cash flow is limited to income and expenses and the cash flow pattern of the poor reflects income from a job that is used to pay expenses like rent, food, clothes, transportation and taxes.

Cash Flow Pattern of the Middle Class: Individuals in the middle class accumulated more debt as they become more successful. A pay raise qualifies them to borrow more money from the bank so they can buy personal items like bigger cars, vacation homes, boats and motor homes.

Their wage income comes in and is spent on current expenses and then on paying off this personal debt. As their income increases, so does their personal debt. This is what we call the Rat Race.

Cash Flow Pattern of the Rich: The rich have their assets work for them. They have gained control over their expenses and focus on acquiring or building assets. Their businesses pay most of their expenses and they have few, if any, personal liabilities.

An individual’s cash flow pattern may show a combination of these three types. Which pattern does your financial statement reflect? What story does your financial statement tell? Are you in control of your expenses?

As you can see, the poor, middle class and rich, have dramatically different cash flow patterns. The poor and middle class work for income and either spend their money on necessities or servicing and ever increasing debt load; while the rich have their money or assets work for them, and re-invest their income into additional income producing vehicles.

Part of becoming financially fit it to get the ball rolling. You may be asking yourself, “How can I invest the income I make into income producing assets when I spend most or all of my income already on necessities and debts?”

In tomorrow’s lesson we will show you how to immediately put additional cash in your pocket, this month, without changing your job, asking for a raise, or taking profit from any business you choose to start! In fact tomorrow we will show you how it’s possible to fund your first income producing asset with cash left over to help with the monthly budget!

That’s all for today’s Lesson.

Here are the key points to remember from today’s lesson:

Where building wealth is concerned, a formal education is not necessary, and does little to prepare you to become wealthy. 74% of all wealth in America was made just one way; by starting and owning your own business.

Your greatest opportunity to become wealthy is through owning your own business.

The poor, Middle Class, and the Rich, have dramatically different cash flow patterns and spending habits.

The Top 3 Pros And Cons Of Forex Technical Analysis

Technical analysis has been a part of financial practice for many decades. It is a method of prediction price movements and future market trends by using chart. It is necessary for you to know the pros and cons of technical analysis so that you can trade with complete ease.

There is no doubt that technical analysis is the easiest and most precise method of currency trading. So, let’s find out the top 3 pros and cons so that you can trade with complete ease.

Pros

1. Provides All Current Information

The current price reflects all currently known information about an asset. While rumors may constantly suggest that the price may plummet or surge, ultimately the current price is the balancing point for all information. As investors and traders sway from one side to the other – buyers or sellers – the asset moves reflecting the current perception of value.

2. Prices Move in Trends

If prices just gyrate wildly and randomly it would be very hard to make money. While wild gyrations do occur, overall prices typically move in trends. There is a directional bias to the price which provides traders with an advantage. Much of technical analysis is about determining when a trend is in place, when it isn’t (called a sideways market, range or correction), and when a trend is reversing.

Most profitable trading methods used by traders are trend following strategies. This means you isolate the trend, and then find opportunities to enter in the same direction as the trend, thus capitalizing on the direction biased price movement.

Trends occur on various “degrees”. For example, you may have a long term uptrend on the daily or weekly chart, but on shorter time frames – or at the far left of a chart – you may have a downtrend.

3. Timing

A major advantage of technical analysis is that it provides you with ways to ‘time’ your trades. With a fundamental approach, your research may dig up some interesting news on a company’s stock that you think may cause it to rise in the future; but when?

With Forex technical analysis you can wait and use you money for other opportunities until the price tells you the stock is ready to move higher.

As there are both merits and demerits of technical analysis, it is also important for you to know the downside. So let’s check out the cons now.

Cons

1. It can be dangerous to depend totally on the assumption that today’s prices predict future prices. They often do, but not necessarily.

2. Replying on charts completely will not help you to pick up the signals about the changing of a trend until the change has actually taken place. This means you could miss up to one-third of the fluctuations in currency trading.

3. It is also possible in currency trading to act on a pattern prematurely or in a bit of a panic. If a large number of currency traders do this, it can create a self-fulfilling prophecy.

Go through the points above on the advantages and disadvantages of technical analysis to get more familiar with Forex technical analysis while trading.

The Best Forex Autopilot Software For Consistent Profits

Forex autopilot software is a software program that automatically enters and exits trades in the forex market with the goal of turning a profit. Many traders buy these software programs and plug them into a live trading account right away. At first the system makes them money, but as they weeks go by the systems performance begins to drop and it begins to loss the trader money.

This happens to many traders all the time who buy “forex robots” but it is completely preventable. Most traders don’t realize that the software program that promises them money on autopilot, actually needs to be maintained once a week. So you need to take the best forex autopilot software that I am going to tell you about, and you need to be prepared to use it properly before you make the purchase.

So how do you maintain a forex robot? Forex robots actually have parameters that they follow, which include certain stop-losses, profit-levels, etc… All of these are maintained by a certain number, which can be changed. But why would we want to change this number from the factory settings?

Anyone who trades forex would know that you would place different stop-loss and profit-levels based on the current market conditions, whether it be ranging or trending. The same goes for a forex robot, you need to adjust the settings of your robot (preferably once a week) based on the current conditions of the market. If you are to do this properly then you will have a much higher chance of pulling in greater profits than if you never maintain it.

How Cryptocurrency Works

Put simply, cryptocurrency is digital money, which is designed in a way that it is secure and anonymous in some instances. It is closely associated with internet that makes use of cryptography, which is basically a process where legible information is converted into a code that cannot be cracked so as to tack all the transfers and purchases made.

Cryptography has a history dating back to the World War II, when there was a need to communicate in the most secure manner. Since that time, an evolution of the same has occurred and it has become digitalized today where different elements of computer science and mathematical theory are being utilized for purposes of securing communications, money and information online.

The first cryptocurrency

The very first cryptocurrency was introduced in the year 2009 and is still well known all over the world. Many more cryptocurrencies have since been introduced over the past few years and today you can find so many available over the internet.

How they work

This kind of digital currency makes use of technology that is decentralized so as to allow the different users to make payments that are secure and also, to store money without necessarily using a name or even going through a financial institution. They are mainly run on a blockchain. A blockchain is a public ledger that is distributed publicly.

The cryptocurrency units are usually created using a process that is referred to as mining. This usually involves the use of a computer power. Doing it this way solves the math problems that can be very complicated in the generation of coins. Users are only allowed to purchase the currencies from the brokers and then store them in cryptographic wallets where they can spend them with great ease.

Cryptocurrencies and the application of blockchain technology are still in the infant stages when thought of in financial terms. More uses may emerge in the future as there is no telling what else will be invented. The future of transacting on stocks, bonds and other types of financial assets could very well be traded using the cryptocurrency and blockchain technology in the future.

Why use cryptocurrency?

One of the main traits of these currencies is the fact that they are secure and that they offer an anonymity level that you may not get anywhere else. There is no way in which a transaction can be reversed or faked. This is by far the greatest reason why you should consider using them.

The fees charged on this kind of currency are also quite low and this makes it a very reliable option when compared to the conventional currency. Since they are decentralized in nature, they can be accessed by anyone unlike banks where accounts are opened only by authorization.

Cryptocurrency markets are offering a brand new cash form and sometimes the rewards can be great. You may make a very small investment only to find that it has mushroomed into something great in a very short period of time. However, it is still important to note that the market can be volatile too, and there are risks that are associated with buying.

Bitcoin’s Collapsing, But There’s a Much Safer Digital Currency

I believe in bitcoin.

It’s a solution to a real problem seen in all paper currencies: inflation.

Over time, governments end up destroying your savings through inflation.

That’s true in every currency. Dollars. Euros. Francs. Pounds.

That’s because the cost of printing money is less than the value that it buys. In other words, it’s a good deal for the government.

It’s also an easy solution for any government because all you have to do to spend money is print it. Not to mention that it gets people’s approval and helps to win elections.

Of course, if you’re a saver, you get put through the wringer.

Inflation makes suckers out of savers.

But if you buy into this way of thinking, then you can understand how bitcoin’s success was inevitable.

I only wish I had understood this concept earlier. Because if did, I would have bought bitcoin myself.

But because I didn’t know what I didn’t know, I missed bitcoin’s surge to $5,000. The price has now come down from that point. I realize that some of you may be looking at that decline and wondering if you should get in. Here’s what I believe…

A Bad Investment

Despite my belief in bitcoin, right now, I’m staying away from it.

The reason being is that bitcoin has become too popular. By that I mean, there’s been too much buying of bitcoin.

See, because of how I evaluate investments, I know that buying into something that’s too popular is a bad move. Because often times, when too many people own one thing, it means the price has gotten too high.

This exact situation is how bubbles are formed.

And right now, it looks like bitcoin is a bubble that’s about to come crashing down.

Parabolic Gains

Bitcoin’s massive run-up from $970 to a peak of more than $5,000 earlier this year are exactly the kind of parabolic gains you see in a bubble.

Ditto for the copycat initial coin offerings (ICOs) that were launched to take advantage of people who missed out on bitcoin.

So far in 2017, an estimated $1.25 billion was raised in ICOs. In July alone, 34 ICOs launched for a total of $665 million.

And total market capitalization of virtual currencies or cryptocurrencies has gone from less than $20 billion at the start of 2017 to about $120 billion.

That’s incredible for a market that’s barely a decade old… and where no one knows what the long-term supply or demand is.

That’s the critical thing for me. Because in the end, all investments, including bitcoin and any other cryptocurrency, are still set by what someone is willing to pay for them.

That’s what supply and demand represent: the price at which one person is willing to buy and another person is willing to sell.

Not a Straight-Line Decline

When an investment becomes too popular, people buy too much, and they pay too much for it.

When it becomes clear that the buyers are all-in, and no more high prices are coming… that’s when a collapse happens.

We saw that happen in 1999 to dot-com stocks, and to real estate in 2008.

Thus far, bitcoin’s collapse has been unspectacular, with a total decline of about 18%.

However, the evidence is building that bitcoin and its fellow cryptocurrencies are going to experience a bubble-style collapse.

If that’s right, then you should expect bitcoin to go down by as much as 80% from its peak.

That would put it at a level of around $1,000. However, bubble collapses can overshoot or undershoot this target by 5% to 10%.

A bubble-style collapse is usually interrupted by incredible rallies. So, people expecting a straight-line decline are going to be disappointed.

The other thing about bubble-style collapses is that they last a while. My best guess is that when the cryptocurrency collapse, if it happens, it will last at least five years.

By then, bitcoin, and whatever few cryptocurrencies survive, will be deeply unpopular… and that’ll set the stage for a new bull market for these investments.