Wednesday 29 November 2017

Billionaire Bull Novogratz: Bitcoin Will be the ‘Biggest Bubble of Our Lifetimes’ [And That’s Okay]


Billionaire investor and hedge fund manager Mike Novogratz has made the claim that ‘bitcoin will be the biggest bubble of our lifetimes.’

Speaking at a conference in New York on Tuesday, Novogratz explained that there is a lot of fraud in something that’s ‘exciting’ as the crypto market, reportsCNBC, adding:

I think this [crypto] is going to be the biggest bubble of our lifetimes by a long shot. To be fair, this is a bubble and there’s a lot of fraud mixed in. We look at tons of projects. And some get funded, and they literally look like Ponzi’s.


However, unlike critics who have said dismissed the digital currency as a speculative bubble, the former Fortress manager wasn’t using his bubble comment as a negative connotation. In October, during an interview, Novogratz was asked whether bitcoin’s gains constituted a bubble. Even though he replied in the affirmative, he added that this wasn’t necessarily a bad thing, adding:

Historically, manias or bubbles happen around things that fundamentally change the way we live. If it’s the railroad bubble or the Internet bubble, it really changed the way we live.


He added that in 10 to 15 years the blockchain and decentralised systems would be in use everywhere, claiming that this bubble is ‘going to be the great manias of all time.’

Since October, bitcoin has not onlyscaled the $10,000 milestone, but it’s continuing upward trajectory has pushed it up to its current value of $11,147, according to CoinMarketCap, pushing its market total to $185.7 billion for the first time.

The comments from Novogratz, who has compared to bitcoin to digital gold, come at a time when he recently stated that bitcoin could ‘easily‘ reach $40,000 by the end of 2018. Furthermore, he was reported yesterday as saying that the digital currency market cap will reach $2 trillion at the end of next year. At present, it’s worth an impressive $339.1 billion, making it more valuable than Visa and theBank of America. Slowly, but surely, it’s steadily gaining on the market cap of JPMorgan Chase, at $343 billion, who’s CEO called bitcoin ‘a fraud‘ in September.

However, while Novogratz believes that the cryptocurrency will reach $40,000 by the end of 2018. he doesn’t think that the journey will be smooth sailing.

He added:

There will be wild crashes in it because you’re going to get to levels so far ahead of where the technology’s at. It makes investing really, really exciting, but difficult.


Since the beginning of the year, bitcoin’s value has, so far, increased by more than 1,000 percent.

Monday 27 November 2017

DAEKISH TRADE CLUB

Daekish trade club is a cryptocurrency trade club that deals with bitcoin and altcoins trading.

Daekish trade club was formed to expand and enhance the knowledge of our club members through cryptocurrency education and creating awareness to all our members about the money revolution.
 
The world of cryptocurrency is developing rapidly. The cryptocurrency exchange market is already in the billions of dollars a day and is tripling yearly.
COMMITMENT TO QUALITY, EXPERTISE, AND CONTINUITY IN A FAST-PACED MARKET.
The world of cryptocurrency is developing rapidly. The cryptocurrency exchange market is already in the billions of dollars a day and is tripling yearly. At the same time, the number of cryptocurrencies is growing exponentially. It is to be expected that not only will large countries and banks release their own currencies, but large businesses will also have their own, and every loyalty program in every café or pizza place will move freely in the marketplace.

Our main goal is to create multi-millionaires from this industry by providing a wealth creating platform like this. Just as the emergence of the Internet connected corporate and university networks and generated a huge number of new industries, along with revolutions in commerce and communication and a new information age, the Daekish trade club will similarly optimize blockchain networks to create wealth infrastructure for the clientele.
We want​ ​to​ ​make the​ ​crypto​world​ ​open to​ ​​ordinary people​ and​ ​all​ ​market participants.​  ​Our​ intention ​is​ ​to​ ​create​ ​a​ ​​set​ of​ ​mass​ market applications that ​can​ ​be​ ​used​ ​​to ​effectively​ manage​ all ​of​ ​a​ ​user’s crypto assets,​ ​perform​ cross-market​  transactions,​ securely store​ savings,​ access​ the ​global​ ​marketplace​ ​easily​ ​and work​ ​with​ ​tokenized​ ​loyalty​ ​systems and​ ​make purchases​ from​ ​a​ crypto ​wallet.
We see four major types of players in this world of cryptocurrencies:
○ Individuals (physical users of cryptocurrency)
○ Businesses (small companies and large corporations)
○ Traders (companies and people who provide liquidity in markets)
○ Regulators (supervisory agencies that protect the interests of the parties)
For regulators, the network will provide both the necessary transparency and additional regulatory tools. Therefore Daekish trade club is​ ​creating​ a​ platform​​ that​ ​best​ ​meets the​ ​interests​ ​of​ ​​all parties involved​ ​in​ ​crypto exchanges space.

At the​ ​moment, there​ ​are​ ​many​ crypto​ trading ​clubs​ out​ ​there.​ ​Our​ ​solution differs in​ ​that​ ​we​ ​are​ ​building. Daekish trade club is a wealth creating platform, not a wealth circulating platform.

Daekish trades gives u the opportunity to actually buy into different cryptocurrency and hold for a period of time. Our business is built around our customers. So every bit of our knowledge and expertise is passed down to you through our service.

We commit to the continuous development and improvement of our service with the goal of providing a consistent return on your capital far into the future.

 Kindly note that all earnings are calculated in dollar and we payout its equivalent in Fiat currency (Naira) or Bitcoin


BRONZE
0.01btc – 0.099btc (15% monthly payout)

SILVER
0.1btc – 0.99btc (18% monthly payout)

GOLD
1.00btc – 2.99btc (20% monthly payout)

DIAMOND
3.00 – 5.99btc (25% monthly payout)

PLATINUM
6btc and above (30% monthly payout)



WEALTH
PACKAGE
Our wealth package gives you the opportunity to invest in some of the best coin in the crytocurrency space, our team of expert have studied some sets of cryptos and will continue doing so by adding and subtracting from the list according to the evolving market, below are some of the coins we are currently buying and holding in our clients account, we hold these coins for a year and then you reap the benefit of increased value the market would have rained on it, the coins we are holding includes the following:
NEOStratisGrl
OmiseGoZcashEthereum
IotaMoneroLitecoin
Dash 
Don't wait to be told, just click on the link and register:
https://daekishtradeclub.com/register?ref=Sirkingsman
Join the telegram group for more info: https://t.me/joinchat/DZm6AAr-Hl2L5dfwAHr2OA



Tuesday 8 November 2016

GOLD CLUB INTERNATIONAL

Gold Club is Africa's first complete ecommerce ecosystem. The ecosystem focuses on two basic aspects (Discount Service and Mentoring Programs) to create positive impact in the world, create residual income flow and also empower members of the ecosystem.
By bridging the gap between social class distinction and financial class distinction through leverage and Mentor-ship programs, Gold Club ecosystem empowers members with advanced knowledge on financial intelligence and skills acquisition, which when implemented would create financial independence and wealth creation while working right from home.
GC Gold Platinum
We are passionate about building a united community that gets the best offers using GOLD CLUB DISCOUNT CARD which directs all Gold Club Members to specific locations that offers discount for products bought or for services rendered. Business organizations willing to offer discounts for products or services enjoy traffic from Gold club membership strength in her Ecosystem.
Gold Club Ecosystem is the first multi integrated platform open to third parties, ideas, programs, product and services that will empower members of her ecosystem financially, socially and economically.
By means of training, mentorship, updated information and partnership with third party programs and opportunities we seek to reach every African to take advantage of the e-space and become an entrepreneur. Gold club is committed to empowering its members by providing an enabling platform to achieve the above said objective. By means of these trainings and mentorship programs, we also seek to help members be able to have a residual flow of income and create sustained wealth.
  • Discount service empowerment through the use of her discount card. The discount value enjoyed from using our discount card over time makes membership activation FREE.
  • Smart Income Skill Mentorship (SISM) program equip members with digital and offline skills which when implemented guarantees a regular income flow.
  • Leverage. Using the power of leverage, Gold Club Members benefit from our dual hybrid compensation plan that runs simultaneously.

PLAN A (Membership Activation Compensation)

A 3 Level Compensation plan from Gold Club ensures that members can make residual income from referring people into Gold Club to enjoy same benefits that they too experience.
Level 1: 20% = N1200 
Level 2: 10% = N600 
Level 3: 5% = N300 
A total of 35% Pay out for referring people to activate their membership in the ecosystem.

PLAN B (SISM Activation Compensation)

Full SISM activation FEE is N 40,600. This is broken down into three:
Bronze SISM: N 6,000 
Platinum SISM: N 15,000 
Diamond SISM: N 30,000.
The difference is paid for upgrade to the next level. That is,
To upgrade from Bronze to Platinum = N15,000 - N6000 = N9,000
To upgrade from Platinum to Diamond =N30,000 - N15,000 = N15,000
To upgrade from Bronze to Diamond = N30,000 - N6,000 = N24,000
GOLD CLUB SISM EARNING FORMULA:
As a Bronze SISM package holder you can only earn N5400 from your first 3 direct referrals. This gives you an option to upgrade to silver SISM package holder so that from your 4th referral to infinity you continue to earn. Bronze SISM pays you unlimited N 5400 as long as you have activated or upgraded to Platinum SISM package or Have upgrade to Diamond SISM package.

As a Platinum SISM package holder, you are allowed to earn unlimited N5400 on all Bronze package referrals.  You can only earn N8100 from your first 3 upgrades or activation on Platinum level. To earn unlimited you need to upgrade to Diamond SISM package.

As a Diamond SISM package holder, you can earn unlimited on all levels. That is Unlimited N5400 from Bronze, Unlimited N8100 from Platinum and Unlimited N13500 from Diamond Upgrades.

What are you waiting for? just click here: www.goldclub.ng/register/SIRKINGS 

GOLD CLUB SISM EARNING FORMULA
:

Monday 16 May 2016

PENGASSAN Urges FG To Tackle Resurgence Of Militancy In Niger Delta

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the Federal Government to tackle the resurgence of militancy and oil pipelines vandalism in the Niger Delta.
pengassan
The President of the Association, Mr Francis Olabode-Johnson, made the call in an interview with the News Agency of Nigeria (NAN) in Calabar.
According to him, the current fight against pipeline vandalism and crude oil theft in the region has not recorded the desired success and needed to be intensified as the act has continued.
He said the country had continued to lose huge revenue owing to the bombing of oil pipelines by militants, stressing that “I am calling on the Federal Government to effectively check the activities of militants and pipelines vandals in the Niger Delta region.
“Nigeria is losing a large percentage of its revenue due to the activities of the militants.
“I want government and the multinational oil companies to use modern technologies in checking pipelines vandalism and crude oil theft.”
The PENGASSAN boss added that modern technologies should be used in such a way that vandals could not access.
“We also expect the managers of these pipelines to imbibe the culture of regular maintenance while government lives up to its responsibility of providing security to these national asset,” he said.
Olabode-Johnson appealed to the security agencies protecting the pipelines to be more resolute in carrying out the assignment.

Thursday 12 May 2016

Visions of heaven and hell: life on the fringes of the world's biggest cities

When I began this project in 2004, the majority of the world’s population was rural. Now most people live in cities and that is set to rise to 70% by 2050. Millions of people migrate from the countryside, looking for work and opportunities to improve their lives. It is in the ever-growing shanty towns surrounding the world’s developing cities that these people have to make their homes – often out of waste materials discarded by the wealthier parts of the city, and on whatever empty land they can find – under bridges, next to waste dumps or perched high on unstable land. Often they have to contend with the prejudice that their communities are full of criminals, and that they may be criminals themselves. I began looking at the lives of the people who have to live this way to show their side of the story – and to show that they simply hope for many of the things that we in the developed world take for granted.
When I visited Jakarta, I found a community under one of the city's flyovers which had grown from a few shacks into a small village. Kampung Melayu has its own shop and two bars serving food and drink. The community is centered around the collection of plastic bottles for recycling.
Families living under the bridges place plywood sheets between the girders to form the floors of their home. In many cases a river runs directly beneath: one slip and a small child could be washed away. Speaking to some of these families you find many have lived this way for several years – too poor to step up from the very lowest rung on the wealth ladder and with little hope of ever being able to do so.
One of the first things that becomes apparent on the drive from Cape Town’s airport to the city center is that not much has changed for the majority of people since the end of apartheid. Mile after mile of shanty towns dominate the view, filled with those at the bottom of the old system who have been ignored by the new. Khayelitsha is one of the largest slums in southern Africa and seems to function as a city in its own right.
I had been told I was crazy to go into Khayelitsha during the day, let alone on a Saturday night, but once again I was made to feel very welcome and safe. True, the township has a big crime problem – but sometimes I wonder if that’s just another excuse for the authorities to compartmentalize the poor as a problem.
Vista was built 20 years ago and promoted as the promised land for those who were cleared off 'Smoky Mountain' – a notorious rubbish dump where thousands lived and made a living recycling the city’s waste. As soon as the basic structure and utilities were in place, the authorities left Vista to rot. Despite the dilapidation, open sewers and pools of stagnant water, a community thrives, with a residents’ council which organised play days for the children, classes for adults and hassles the authorities to maintain some basic services.
Gambling is only permitted in Manila at a wake. The government allows this as a way for the families of the deceased to raise money for the funeral. Families pay to embalm the bodies to keep them at the wake for as long as possible and so maximize income. The wakes are held in alleyways and the body can be out in the hot, sticky weather for two weeks or more.
The Tavaras Bastos community is perched high on the hillside of Rio’s Flamingo district and is one of the few favelas not to have a problem with drugs and gangs. This is because BOPE, the paramilitary wing of the local police force, has its HQ at the top end of the community and the soldiers regularly do combat training in the streets and alleys.
Tavaras Bastos is a very close-knit community. Everyone is known to each other and the residents have developed a range of projects – much organised around children and football. I saw free art lessons for children and classes were held three times a week for ballet and martial arts. There was football practice for men and women of all ages every night.
Once a small community outside Mumbai, Dharavi is now in the heart of a city that has grown to swallow it. What was an unwanted piece of swampy wasteland is now prime real estate and developers have wanted to get their teeth into it for decades. But because of its size and history they haven’t been able to. Dharavi has become the focus of the debate of how these communities should be developed and whose interests should come first – residents or developers.
You could live your whole live within Dharavi’s confines. It provides work, homes, schools and basic healthcare. It is a place with community spirit because residents’ homes are small, and people spend much of their time outside on the streets and alleyways, but you can’t escape the open sewers, human feces and piles of rubbish.
When I visited Caracas in 2010, the country was governed by the United Socialist party under Hugo Chávez. For the people living in the slums and run-down state housing, the ‘Bolivarian Revolution’ had brought many benefits - much to the displeasure of large sections of the middle and upper classes. Much like in Brazil, the barrios are quite developed and the authorities have brought in basic amenities.
One of the most unusual communities I visited was in an abandoned mall and office block, called Torre David. My fixer wasn’t happy about visiting the complex as she said it was overrun by gangs. What we found was towers occupied by families, who had organised themselves into patrols and set up guards at entry points. Despite all the problems the residents were building something we all wish for: a vibrant, supportive community...

Wednesday 11 May 2016

Re-inventing Public Finance for Sustained Prosperity and Development, By Gargee Ghosh

Regional and global leaders from business, government and civil society are gathered for the World Economic Forum in Kigali this week to celebrate Africa’s decades-long progress in economic growth and poverty reduction—and to talk about the future.

Effective public finance won’t happen overnight but it can be done. As countries and development partners continue to work together to build a more prosperous and equitable future, the question of how to equitably raise domestic resources to support human development and prosperity in Africa, may be one of the most important we have to answer.
Africa 2

Africa is a much better place for women, adolescents, and children than it was 25 years ago when the Millennium Development Goals were launched. But those gains could be at risk. Falling commodity prices, slowed economic growth, and global uncertainty has many governments grappling with how to mobilize the resources necessary to sustain and accelerate progress.

As a Foundation that is deeply invested in partnering with governments across the continent to help improve the lives of the poorest, we are hearing a clear message from countries: that equitably raising and efficiently spending domestic resources should be at the heart of efforts to reduce poverty.
Already, the large majority of financing for essential services such as healthcare and education in Africa comes from countries themselves. In 2012, sub-Saharan Africa tax revenue was ten times larger than the $51.9 billion in Official Development Assistance the continent received.
But tax systems in most African countries are underdeveloped. In many countries, tax as a share of GDP has been slow to rise, and in some cases has declined, over the past 15 years.
New revenue, raised equitably and spent efficiently, can enhance the lives of Africa’s citizens by financing better healthcare, schools, sanitation systems, and social safety nets for the poorest. Rwanda is a great example. Through a combination of legislation, stronger administration and more effective taxpayer registration and compliance, Rwanda increased revenues by nearly 50 percent between 2001 and 2013. This was critical in increasing domestic resources for health: from 2008 to 2013, government spending on health rose from 3.2 percent of GDP to 6.5 percent and per capita health spending doubled from US$32 to US$70—while external funding dropped by 15 percent.
Using tax revenue to invest in human development isn’t only good for individuals and families, it also builds the human capital that fuels economic growth. Every dollar spent on proven, high-impact health interventions, for example—things like family planning, prevention and treatment of HIV/AIDS, and vaccines—will return $9-20 to low and middle-income countries between 2015-2035.


For governments, taxes are a critical lever for delivering on the promise of social and economic equity. And efforts like the World Bank’s service delivery indicators project, which measures the quality of health and education services in Africa, provide citizens a clear and tangible means of connecting the taxes they pay to the service they receive.
foraminifera

Stronger tax systems also have benefits beyond the revenue they generate. Well-designed tax systems can strengthen the relationship between citizens and government—giving citizens a stronger stake in what their government does and a stronger incentive to demand accountability. For governments, taxes are a critical lever for delivering on the promise of social and economic equity. And efforts like the World Bank’s service delivery indicators project, which measures the quality of health and education services in Africa, provide citizens a clear and tangible means of connecting the taxes they pay to the service they receive.

Development partners should play a role. Efforts such as the Addis Tax Initiative, in which more than 30 countries agreed to double support to poor countries for effective public finance, are a good start. Of course it’s not just about doubling inputs but also about better understanding of what works to make progress in these areas.
Technology may help to accelerate progress. India, for example, is linking biometrics (fingerprints and iris scans) to unique tax IDs. These technologies can help to facilitate tax collection; ensure that social spending reaches the right people; and allow the poor to access services, such as mobile banking, for the first time.
Innovation is not a panacea, however. Ultimately, countries and development partners must do the hard work of investing in the long-term (and long-established) necessities of building the mundane institutions of effective taxation systems. How can countries best strengthen compliance among the hard to tax? How can countries strengthen revenue administrations; increase taxpayer morale; address corruption; and build strong internal audit functions? Answering these questions will require leadership and political will.
Effective public finance won’t happen overnight but it can be done. As countries and development partners continue to work together to build a more prosperous and equitable future, the question of how to equitably raise domestic resources to support human development and prosperity in Africa, may be one of the most important we have to answer.

Chinese man’s ‘missing kidney’ found in his own body

A MAN who claimed his right kidney mysteriously went missing after a surgery has been told it is right where it should be – albeit, “displaced” and”deformed”.
Liu Yongwei believed his kidney went missing after a chest surgery. Image via The Shanghaiist
Liu Yongwei, from east China, had gone for a chest surgery in the Xuzhou Medical College following a road accident. He was told the surgery went well, and was redirected to a different hospital for further treatment.
It was during a routine CT scan at the second hospital that doctors reportedly discovered several abnormalities, including surgical tubing left in his abdominal cavity and a missing right kidney.
According to the Shanghaiist, a visit to another hospital in Nanjing confirmed the abnormalities, but both hospitals refused to treat Liu.
Liu launched a complaint, accusing the doctor who treated him of “mishandling” his organs and demanded 2 million yuan ($307,200) in compensation.
A special investigations team was formed in Xuzhou City, in the Jiangsu province to look into his case.
Based on medical examinations and records found at the hospital, the investigation found that Liu’s kidney was “displaced, deformed, and atrophied by injuries”, but was still inside his body.
The Shanghaiist reported the kidney as being “decayed” and “shriveled up”, and specialists say further tests will be carried out. The hospital reportedly accused Liu of “seriously distorting the truth” with his claims.
According to China.org.cn, tensions between doctors and patients in China are rising after a string of incidents involving violence and malpractice.
In April, a public health scandal revealed nine companies were selling improperly stored or expired vaccines, meaning an unknown number of children had received numerous shots.
Last week, a retired dentist was stabbed to death by a former patient who was enraged by his discolored teeth. The patient later committed suicide.