Authored by Charles Hugh Smith via OfTwoMinds blog, The real demand for bitcoin will not be known until a global financial crisis guts confidence in central banks and politicized capital controls. I’ve been writing about cryptocurrencies and bitcoin for many years. November 7, I am an interested observer, not an expert. As an observer, it seems to me that the mainstream–media, financial punditry, etc. What the mainstream does get is speculative frenzy. Just as radio and the Internet sparked speculative manias in their boost phase, cryptocurrencies have sparked their own speculative frenzy. Where the mainstream goes wrong is assuming that’s all there is to bitcoin: The Establishment often dismisses transformative technologies as fads or gimmicks; thus the infamous rejection of photocopy technology as only of interest to a dozen large corporations, personal computers belittled as being of limited utility storing kitchen recipes , and so on. New transformative technologies develop in an unpredictable fashion, and early-phase critics and prognosticators often end up looking foolish on both ends of the spectrum:
Stonehenge: Facts & Theories About Mysterious Monument
August 18, Research shows that the site has continuously evolved over a period of about 10, years. The structure that we call “Stonehenge” was built between roughly 5, and 4, years ago and was one part of a larger sacred landscape that included a massive stone monument that was 15 times the size of Stonehenge. The biggest of Stonehenge’s stones, known as sarsens, are up to 30 feet 9 meters tall and weigh 25 tons
The hart of the station is a very sophisticated Antenna switching setup based upon Microham Statiom Master Deluxe and Microkeyer II. (c) With this setup you can access ANY antenna at any of the 4 operating places, including Beverages and the triplexed Multiband “Multiplier”-Beam.
Strategies[ edit ] Hedge fund strategies are generally classified among four major categories: A fund may employ a single strategy or multiple strategies for flexibility, risk management or diversification. There are a variety of market approaches to different asset classes, including equity , fixed income , commodity , and currency.
Sometimes hedge fund strategies are described as ” absolute return ” and are classified as either ” market neutral ” or “directional”. Market neutral funds have less correlation to overall market performance by “neutralizing” the effect of market swings, whereas directional funds utilize trends and inconsistencies in the market and have greater exposure to the market’s fluctuations. Global macro Hedge funds using a global macro investing strategy take sizable positions in share, bond or currency markets in anticipation of global macroeconomic events in order to generate a risk-adjusted return.
While global macro strategies have a large amount of flexibility due to their ability to use leverage to take large positions in diverse investments in multiple markets , the timing of the implementation of the strategies is important in order to generate attractive, risk-adjusted returns. Discretionary trading is carried out by investment managers who identify and select investments whereas systematic trading is based on mathematical models and executed by software with limited human involvement beyond the programming and updating of the software.
Theories about Stonehenge
Continue reading the main story The Carver Academy sits a block from the defunct Model T plant, now used primarily as a storage facility. The school building is an old Farmer Jack grocery store that has been converted into classrooms, with an added wing and a handful of trailers. On my first visit, in January, I met with Brown in her office. She had curly hair and a casually stylish work look: Brown had been having a rough couple of weeks.
A Theory of Rational Hedging Daniel Clarke First version: 14 August This version: 26 October Abstract The apparently low demand for consumer hedging instruments, and particularly weather deriva-tives, is explained as a rational response to deadweight costs and the risk of .
Find a path from and back to the star. Find a route to the centre of the maze. Loops and traps maze: Follow the arrows from and back to the star Block maze: Fill in four blocks to make a road connecting the stars. Begin and end at the star. Using the number in your space, jump that number of blocks in a straight line to a new space. Publications about mazes[ edit ] Numerous mazes of different kinds have been drawn, painted, published in books and periodicals, used in advertising, in software, and sold as art.
In the s there occurred a publishing “maze craze” in which numerous books, and some magazines, were commercially available in nationwide outlets and devoted exclusively to mazes of a complexity that was able to challenge adults as well as children for whom simple maze puzzles have long been provided both before, during, and since the s “craze”. Koziakin’s works were predominantly of the standard two-dimensional “trace a line between the walls” variety.
The works of the Brightfields had a similar two-dimensional form but used a variety of graphics-oriented “path obscuring” techniques.
Inside Billionaire Steve Cohen’s Comeback
Early theories[ edit ] A giant helps Merlin build Stonehenge. This is the oldest known depiction of Stonehenge. Many early historians were influenced by supernatural folktales in their explanations. Some legends held that Merlin had a giant build the structure for him or that he had magically transported it from Mount Killaraus in Ireland , while others held the Devil responsible.
Radiocarbon dating Radiocarbon dating of the site indicates that the building of the monument at the site began around the year BC and ended around the year BC. This allows the elimination of a few of the theories that have been presented.
It is true, too, that the mainstream media dictates what stays center in the mind of the public and what is allowed to fade away and be forgotten. Enter the Las Vegas shooting; the worst mass-shooting in U. On October 1, year-old Stephen Paddock opened fire on a country music festival from the 32nd floor of the Mandalay Bay hotel, which overlooked the festival venue. A full month later, and we are still without any answers.
Even more worryingly, the Vegas shooting has disappeared from any cable news channel. Even online, discussion over the shooting has all but vanished, save from the more conspiratorial corners of the web. Here are the facts: The official timeline of the Vegas shooting has changed three times. Paddock also took cruises to ports in the Middle East.
Jesus Campos is the security guard who first reportedly found Paddock as he started his killing spree, and was shot in the leg in the process. Why did authorities let Campos leave the country in the middle of an investigation? How did Campos travel unhindered with a gunshot wound in his leg?
Michigan Gambled on Charter Schools. Its Children Lost.
October 20, , 5: On the night of Jan. Cohen walked into a steak house just east of Times Square. It was Friday, and the stock market had just closed out a brutally bloody first week of the year. That afternoon, Cohen had won the battle of his career.
“In theory, poker should be a qualifying skill set because successful poker players have survived a ferociously competitive ecosystem that requires intense study, analytical skill, risk control and clear thinking under pressure,” says Adams.
I was bullied as a kid and I do NOT take that term lightly. Up until junior year of high school I would cry almost daily. I decided to tell everyone that made fun of me in the past to, quite literally, fuck off. I never worried about guys. I lived my life like a guy. I was the love them and leave them one. Then I grew up. Most of them were not, upon looking back, good ones.
Somewhere along the way I began to believe what they told me instead of what I knew to be true.
Michigan Gambled on Charter Schools. Its Children Lost.
Cypherpunks Neither Bitcoin nor the Silk Road should be understood outside their ideological and historical context: The cypherpunk group was a loose affiliation of cryptographic researchers and enthusiasts centered on the eponymous email list in the s and s who developed many novel ideas and approaches to communication, economics, and politics. May remarked in that an acceptable digital currency may take several years to develop, but that he had been that optimistic years before as well; we could date the fulfillment of the dream to Bitcoin – 14 years later – in The cypherpunk paradigm can be summarized as: Desiderata for systems include: The ideal cypherpunk system is self-enforcing, self-regulating, and cannot be attacked directly by outsiders because they do not know where it is or how to affect it.
Once the hedge has reached the required height it is capped with a crown. The crown was then planted with shrubs and trees which served as the same as the bank hedge. The hedge is normally between 4 and 6 feet high with a concavity of 3 – 4 inches.
Has Doomsday Begun Already? But in the last decade, his work has been validated — often by his former critics — and scientists are now realizing that chaos and destruction are endemic in the universe . When they examined the floors of these craters they noticed what looked like glazed donuts. These were actually chunks of moon dirt that were coated by glass. The glazed areas are clearly concentrated toward the top surfaces of protuberances, although they exist also on some sides.
Points and edges appear to be strongly favored for the glazing process. In some cases, droplets appear to have run down an inclined surface for a few millimeters and congealed there. Gold  proposed a theory of how they were made. Glass, as we know, is made from melting sand. It occurs naturally near sources of high temperature, such as volcanos and meteor impacts.