Blockchain explained... in under 100 words Strategy ...

TREZOR ϟÜℙℙϴℛ† ℵṲℳℬ∃ℛ ✜44 1905 5子 0364▣,,TREZOR ☾Ṳϟ✞ϴℳℰℜ ϟÜℙℙϴℛ† ℵṲℳℬ∃ℛ $ℰℝ✔ℑ☾€ $%R%^TGYHUNU

It protects your account by the multi-signature support system. If you realize that your account is hacked or any unsuspicious activities are occurred in your account then call directly at Trezor Support Number +44 1905 57 0364. On this number, you can tell your problem and get help about your account issues.

TREZOR is an apparatus bitcoin wallet that points of confinement as a USB dongle, enabling clients to securely find a good pace money even on uncertain PCs. It manages a Zero Trust approach, which advocates for different layers of security to control the propensities in which it will as a rule be undermined by an outsider. Survey itself as the “Bitcoin safe,” TREZOR wires key security highlights:

Stick security. TREZOR is ensured by a PIN code you pick. Each time you enter an ill-advised stick, the hold up time until you can return it expands by an intensity of two. Moreover, there’s no beginning the clock before long — you fundamentally need to endure it.

Recuperation seed. TREZOR outfits you with a self-self-assuredly made 24-word code that you can use to recuperate your wallet if your TREZOR is taken or lost.

Single-reason gadget. A bitcoin wallet just, there are no applications or downloads open for the rigging that may bargain security.

Obliged assault surface. TREZOR limits its correspondence with different contraptions. It has no batteries, cameras for filtering, Bluetooth or Wi-Fi. Precisely when the USB contraption isn’t connected, it’s killed.

By what means may I get bitcoin on my TREZOR?

To add bitcoin to your TREZOR, look for after these guaranteed establishment steps:

Download the myTREZOR module. Go to the TREZOR wallet webpage and download the module. First-time clients will make a PIN and extra their recuperation seed.

Snap on the record in your program. Go to the Receive tab to get your first bitcoin address.

Mission for the eye picture. This picture consolidates a region that ought to mastermind the one showing up on your TREZOR gear screen. Take the necessary steps not to move if the eye doesn’t show a sorting out territory — it could be the indication of a phishing attempt.

Affirmation. Until an exchange is done (around 15 minutes), the Timestamp fragment will show “Unverified.” Once you see a date and time in this part, the cash is yours.

In what manner may I make divides?

Yet, on the off chance that you’re storing up cutting edge money, you’re going to need to make divides utilizing your TREZOR. You can do this through the myTREZOR module.

Snap the send tab on the module. Enter the zone for the exchange and the all out you’re sending. You can decide to enter the exchange total BTC or fiat money. The change scale is constrained by CoinDesk.

Enter your PIN. Enter your PIN to open your gadget. The stick will open your TREZOR until it’s unplugged.

State the exchange. The extent of the exchange and the region to which it’s being sent shows up on the TREZOR screen. Either affirm or drop the exchange from the apparatus.

Watch the progress of your exchange. Track your dynamic exchange from the Transactions tab.

Focal points and shortcomings

Masters

Security. Limits the propensities where your TREZOR can be found a good pace it from hacking.

Unmistakable cash related structures. Supports several cash related structures other than bitcoin and can switch over exchange implies and from fiat cash.

Simple to-utilize interface. The myTREZOR program module makes it fundamental complete exchanges.

Cons

Disappointed PIN. It requires some hypothesis to set up the module, and you ought to reestablish your PIN utilizing a muddled keypad each time you plug in the TREZOR.

Constrained exchange openings. Since it’s an apparatus wallet, the TREZOR must be related with a PC to make exchanges, in no way like reduced or paper wallets that can be utilized in a surge.

Immense expense. You’ll pay around US$300 or more for the high security TREZOR gives.

Basic concern

If you’re searching for a shielded system to store bitcoin and other propelled money, TREZOR could be for you. Regardless, in case you’re searching for unsurprising access to your electronic money supplies or need to make every day exchanges, you should take a gander at changed choices.
submitted by ssv55375 to u/ssv55375 [link] [comments]

TREZOR ϟÜℙℙϴℛ† ℵṲℳℬ∃ℛ ✜44 1905 5子 0364▣,,TREZOR ☾Ṳϟ✞ϴℳℰℜ ϟÜℙℙϴℛ† ℵṲℳℬ∃ℛ $ℰℝ✔ℑ☾€ _*&HIJO

It protects your account by the multi-signature support system. If you realize that your account is hacked or any unsuspicious activities are occurred in your account then call directly at Trezor Support Number +44 1905 57 0364. On this number, you can tell your problem and get help about your account issues.

TREZOR is an apparatus bitcoin wallet that points of confinement as a USB dongle, enabling clients to securely find a good pace money even on uncertain PCs. It manages a Zero Trust approach, which advocates for different layers of security to control the propensities in which it will as a rule be undermined by an outsider. Survey itself as the “Bitcoin safe,” TREZOR wires key security highlights:

Stick security. TREZOR is ensured by a PIN code you pick. Each time you enter an ill-advised stick, the hold up time until you can return it expands by an intensity of two. Moreover, there’s no beginning the clock before long — you fundamentally need to endure it.

Recuperation seed. TREZOR outfits you with a self-self-assuredly made 24-word code that you can use to recuperate your wallet if your TREZOR is taken or lost.

Single-reason gadget. A bitcoin wallet just, there are no applications or downloads open for the rigging that may bargain security.

Obliged assault surface. TREZOR limits its correspondence with different contraptions. It has no batteries, cameras for filtering, Bluetooth or Wi-Fi. Precisely when the USB contraption isn’t connected, it’s killed.

By what means may I get bitcoin on my TREZOR?

To add bitcoin to your TREZOR, look for after these guaranteed establishment steps:

Download the myTREZOR module. Go to the TREZOR wallet webpage and download the module. First-time clients will make a PIN and extra their recuperation seed.

Snap on the record in your program. Go to the Receive tab to get your first bitcoin address.

Mission for the eye picture. This picture consolidates a region that ought to mastermind the one showing up on your TREZOR gear screen. Take the necessary steps not to move if the eye doesn’t show a sorting out territory — it could be the indication of a phishing attempt.

Affirmation. Until an exchange is done (around 15 minutes), the Timestamp fragment will show “Unverified.” Once you see a date and time in this part, the cash is yours.

In what manner may I make divides?

Yet, on the off chance that you’re storing up cutting edge money, you’re going to need to make divides utilizing your TREZOR. You can do this through the myTREZOR module.

Snap the send tab on the module. Enter the zone for the exchange and the all out you’re sending. You can decide to enter the exchange total BTC or fiat money. The change scale is constrained by CoinDesk.

Enter your PIN. Enter your PIN to open your gadget. The stick will open your TREZOR until it’s unplugged.

State the exchange. The extent of the exchange and the region to which it’s being sent shows up on the TREZOR screen. Either affirm or drop the exchange from the apparatus.

Watch the progress of your exchange. Track your dynamic exchange from the Transactions tab.

Focal points and shortcomings

Masters

Security. Limits the propensities where your TREZOR can be found a good pace it from hacking.

Unmistakable cash related structures. Supports several cash related structures other than bitcoin and can switch over exchange implies and from fiat cash.

Simple to-utilize interface. The myTREZOR program module makes it fundamental complete exchanges.

Cons

Disappointed PIN. It requires some hypothesis to set up the module, and you ought to reestablish your PIN utilizing a muddled keypad each time you plug in the TREZOR.

Constrained exchange openings. Since it’s an apparatus wallet, the TREZOR must be related with a PC to make exchanges, in no way like reduced or paper wallets that can be utilized in a surge.

Immense expense. You’ll pay around US$300 or more for the high security TREZOR gives.

Basic concern

If you’re searching for a shielded system to store bitcoin and other propelled money, TREZOR could be for you. Regardless, in case you’re searching for unsurprising access to your electronic money supplies or need to make every day exchanges, you should take a gander at changed choices.
submitted by ssv55375 to u/ssv55375 [link] [comments]

TREZOR ϟÜℙℙϴℛ† ℵṲℳℬ∃ℛ ✜44 1905 5子 0364▣,,TREZOR ☾Ṳϟ✞ϴℳℰℜ ϟÜℙℙϴℛ† ℵṲℳℬ∃ℛ $ℰℝ✔ℑ☾€ &*(YUIHOJKJ

It protects your account by the multi-signature support system. If you realize that your account is hacked or any unsuspicious activities are occurred in your account then call directly at Trezor Support Number +44 1905 57 0364. On this number, you can tell your problem and get help about your account issues.

TREZOR is an apparatus bitcoin wallet that points of confinement as a USB dongle, enabling clients to securely find a good pace money even on uncertain PCs. It manages a Zero Trust approach, which advocates for different layers of security to control the propensities in which it will as a rule be undermined by an outsider. Survey itself as the “Bitcoin safe,” TREZOR wires key security highlights:

Stick security. TREZOR is ensured by a PIN code you pick. Each time you enter an ill-advised stick, the hold up time until you can return it expands by an intensity of two. Moreover, there’s no beginning the clock before long — you fundamentally need to endure it.

Recuperation seed. TREZOR outfits you with a self-self-assuredly made 24-word code that you can use to recuperate your wallet if your TREZOR is taken or lost.

Single-reason gadget. A bitcoin wallet just, there are no applications or downloads open for the rigging that may bargain security.

Obliged assault surface. TREZOR limits its correspondence with different contraptions. It has no batteries, cameras for filtering, Bluetooth or Wi-Fi. Precisely when the USB contraption isn’t connected, it’s killed.

By what means may I get bitcoin on my TREZOR?

To add bitcoin to your TREZOR, look for after these guaranteed establishment steps:

Download the myTREZOR module. Go to the TREZOR wallet webpage and download the module. First-time clients will make a PIN and extra their recuperation seed.

Snap on the record in your program. Go to the Receive tab to get your first bitcoin address.

Mission for the eye picture. This picture consolidates a region that ought to mastermind the one showing up on your TREZOR gear screen. Take the necessary steps not to move if the eye doesn’t show a sorting out territory — it could be the indication of a phishing attempt.

Affirmation. Until an exchange is done (around 15 minutes), the Timestamp fragment will show “Unverified.” Once you see a date and time in this part, the cash is yours.

In what manner may I make divides?

Yet, on the off chance that you’re storing up cutting edge money, you’re going to need to make divides utilizing your TREZOR. You can do this through the myTREZOR module.

Snap the send tab on the module. Enter the zone for the exchange and the all out you’re sending. You can decide to enter the exchange total BTC or fiat money. The change scale is constrained by CoinDesk.

Enter your PIN. Enter your PIN to open your gadget. The stick will open your TREZOR until it’s unplugged.

State the exchange. The extent of the exchange and the region to which it’s being sent shows up on the TREZOR screen. Either affirm or drop the exchange from the apparatus.

Watch the progress of your exchange. Track your dynamic exchange from the Transactions tab.

Focal points and shortcomings

Masters

Security. Limits the propensities where your TREZOR can be found a good pace it from hacking.

Unmistakable cash related structures. Supports several cash related structures other than bitcoin and can switch over exchange implies and from fiat cash.

Simple to-utilize interface. The myTREZOR program module makes it fundamental complete exchanges.

Cons

Disappointed PIN. It requires some hypothesis to set up the module, and you ought to reestablish your PIN utilizing a muddled keypad each time you plug in the TREZOR.

Constrained exchange openings. Since it’s an apparatus wallet, the TREZOR must be related with a PC to make exchanges, in no way like reduced or paper wallets that can be utilized in a surge.

Immense expense. You’ll pay around US$300 or more for the high security TREZOR gives.

Basic concern

If you’re searching for a shielded system to store bitcoin and other propelled money, TREZOR could be for you. Regardless, in case you’re searching for unsurprising access to your electronic money supplies or need to make every day exchanges, you should take a gander at changed choices.
submitted by ssv55375 to u/ssv55375 [link] [comments]

TREZOR ϟÜℙℙϴℛ† ℵṲℳℬ∃ℛ ✜44 1905 5子 0364▣,,TREZOR ☾Ṳϟ✞ϴℳℰℜ ϟÜℙℙϴℛ† ℵṲℳℬ∃ℛ $ℰℝ✔ℑ☾€ $%^R&TYUHBJN

It protects your account by the multi-signature support system. If you realize that your account is hacked or any unsuspicious activities are occurred in your account then call directly at Trezor Support Number +44 1905 57 0364. On this number, you can tell your problem and get help about your account issues.

TREZOR is an apparatus bitcoin wallet that points of confinement as a USB dongle, enabling clients to securely find a good pace money even on uncertain PCs. It manages a Zero Trust approach, which advocates for different layers of security to control the propensities in which it will as a rule be undermined by an outsider. Survey itself as the “Bitcoin safe,” TREZOR wires key security highlights:

Stick security. TREZOR is ensured by a PIN code you pick. Each time you enter an ill-advised stick, the hold up time until you can return it expands by an intensity of two. Moreover, there’s no beginning the clock before long — you fundamentally need to endure it.

Recuperation seed. TREZOR outfits you with a self-self-assuredly made 24-word code that you can use to recuperate your wallet if your TREZOR is taken or lost.

Single-reason gadget. A bitcoin wallet just, there are no applications or downloads open for the rigging that may bargain security.

Obliged assault surface. TREZOR limits its correspondence with different contraptions. It has no batteries, cameras for filtering, Bluetooth or Wi-Fi. Precisely when the USB contraption isn’t connected, it’s killed.

By what means may I get bitcoin on my TREZOR?

To add bitcoin to your TREZOR, look for after these guaranteed establishment steps:

Download the myTREZOR module. Go to the TREZOR wallet webpage and download the module. First-time clients will make a PIN and extra their recuperation seed.

Snap on the record in your program. Go to the Receive tab to get your first bitcoin address.

Mission for the eye picture. This picture consolidates a region that ought to mastermind the one showing up on your TREZOR gear screen. Take the necessary steps not to move if the eye doesn’t show a sorting out territory — it could be the indication of a phishing attempt.

Affirmation. Until an exchange is done (around 15 minutes), the Timestamp fragment will show “Unverified.” Once you see a date and time in this part, the cash is yours.

In what manner may I make divides?

Yet, on the off chance that you’re storing up cutting edge money, you’re going to need to make divides utilizing your TREZOR. You can do this through the myTREZOR module.

Snap the send tab on the module. Enter the zone for the exchange and the all out you’re sending. You can decide to enter the exchange total BTC or fiat money. The change scale is constrained by CoinDesk.

Enter your PIN. Enter your PIN to open your gadget. The stick will open your TREZOR until it’s unplugged.

State the exchange. The extent of the exchange and the region to which it’s being sent shows up on the TREZOR screen. Either affirm or drop the exchange from the apparatus.

Watch the progress of your exchange. Track your dynamic exchange from the Transactions tab.

Focal points and shortcomings

Masters

Security. Limits the propensities where your TREZOR can be found a good pace it from hacking.

Unmistakable cash related structures. Supports several cash related structures other than bitcoin and can switch over exchange implies and from fiat cash.

Simple to-utilize interface. The myTREZOR program module makes it fundamental complete exchanges.

Cons

Disappointed PIN. It requires some hypothesis to set up the module, and you ought to reestablish your PIN utilizing a muddled keypad each time you plug in the TREZOR.

Constrained exchange openings. Since it’s an apparatus wallet, the TREZOR must be related with a PC to make exchanges, in no way like reduced or paper wallets that can be utilized in a surge.

Immense expense. You’ll pay around US$300 or more for the high security TREZOR gives.

Basic concern

If you’re searching for a shielded system to store bitcoin and other propelled money, TREZOR could be for you. Regardless, in case you’re searching for unsurprising access to your electronic money supplies or need to make every day exchanges, you should take a gander at changed choices.
submitted by ssv55375 to u/ssv55375 [link] [comments]

TREZOR ϟÜℙℙϴℛ† ℵṲℳℬ∃ℛ ✜44 1905 5子 0364▣,,TREZOR ☾Ṳϟ✞ϴℳℰℜ ϟÜℙℙϴℛ† ℵṲℳℬ∃ℛ $ℰℝ✔ℑ☾€ [email protected]#$%^

It protects your account by the multi-signature support system. If you realize that your account is hacked or any unsuspicious activities are occurred in your account then call directly at Trezor Support Number +44 1905 57 0364. On this number, you can tell your problem and get help about your account issues.

TREZOR is an apparatus bitcoin wallet that points of confinement as a USB dongle, enabling clients to securely find a good pace money even on uncertain PCs. It manages a Zero Trust approach, which advocates for different layers of security to control the propensities in which it will as a rule be undermined by an outsider. Survey itself as the “Bitcoin safe,” TREZOR wires key security highlights:

Stick security. TREZOR is ensured by a PIN code you pick. Each time you enter an ill-advised stick, the hold up time until you can return it expands by an intensity of two. Moreover, there’s no beginning the clock before long — you fundamentally need to endure it.

Recuperation seed. TREZOR outfits you with a self-self-assuredly made 24-word code that you can use to recuperate your wallet if your TREZOR is taken or lost.

Single-reason gadget. A bitcoin wallet just, there are no applications or downloads open for the rigging that may bargain security.

Obliged assault surface. TREZOR limits its correspondence with different contraptions. It has no batteries, cameras for filtering, Bluetooth or Wi-Fi. Precisely when the USB contraption isn’t connected, it’s killed.

By what means may I get bitcoin on my TREZOR?

To add bitcoin to your TREZOR, look for after these guaranteed establishment steps:

Download the myTREZOR module. Go to the TREZOR wallet webpage and download the module. First-time clients will make a PIN and extra their recuperation seed.

Snap on the record in your program. Go to the Receive tab to get your first bitcoin address.

Mission for the eye picture. This picture consolidates a region that ought to mastermind the one showing up on your TREZOR gear screen. Take the necessary steps not to move if the eye doesn’t show a sorting out territory — it could be the indication of a phishing attempt.

Affirmation. Until an exchange is done (around 15 minutes), the Timestamp fragment will show “Unverified.” Once you see a date and time in this part, the cash is yours.

In what manner may I make divides?

Yet, on the off chance that you’re storing up cutting edge money, you’re going to need to make divides utilizing your TREZOR. You can do this through the myTREZOR module.

Snap the send tab on the module. Enter the zone for the exchange and the all out you’re sending. You can decide to enter the exchange total BTC or fiat money. The change scale is constrained by CoinDesk.

Enter your PIN. Enter your PIN to open your gadget. The stick will open your TREZOR until it’s unplugged.

State the exchange. The extent of the exchange and the region to which it’s being sent shows up on the TREZOR screen. Either affirm or drop the exchange from the apparatus.

Watch the progress of your exchange. Track your dynamic exchange from the Transactions tab.

Focal points and shortcomings

Masters

Security. Limits the propensities where your TREZOR can be found a good pace it from hacking.

Unmistakable cash related structures. Supports several cash related structures other than bitcoin and can switch over exchange implies and from fiat cash.

Simple to-utilize interface. The myTREZOR program module makes it fundamental complete exchanges.

Cons

Disappointed PIN. It requires some hypothesis to set up the module, and you ought to reestablish your PIN utilizing a muddled keypad each time you plug in the TREZOR.

Constrained exchange openings. Since it’s an apparatus wallet, the TREZOR must be related with a PC to make exchanges, in no way like reduced or paper wallets that can be utilized in a surge.

Immense expense. You’ll pay around US$300 or more for the high security TREZOR gives.

Basic concern

If you’re searching for a shielded system to store bitcoin and other propelled money, TREZOR could be for you. Regardless, in case you’re searching for unsurprising access to your electronic money supplies or need to make every day exchanges, you should take a gander at changed choices.
submitted by ssv55375 to u/ssv55375 [link] [comments]

TREZOR ϟÜℙℙϴℛ† ℵṲℳℬ∃ℛ ✜44 1905 5子 0364▣,,TREZOR ☾Ṳϟ✞ϴℳℰℜ ϟÜℙℙϴℛ† ℵṲℳℬ∃ℛ $ℰℝ✔ℑ☾€ %^&**YIUHJKN

It protects your account by the multi-signature support system. If you realize that your account is hacked or any unsuspicious activities are occurred in your account then call directly at Trezor Support Number +44 1905 57 0364. On this number, you can tell your problem and get help about your account issues.

TREZOR is an apparatus bitcoin wallet that points of confinement as a USB dongle, enabling clients to securely find a good pace money even on uncertain PCs. It manages a Zero Trust approach, which advocates for different layers of security to control the propensities in which it will as a rule be undermined by an outsider. Survey itself as the “Bitcoin safe,” TREZOR wires key security highlights:

Stick security. TREZOR is ensured by a PIN code you pick. Each time you enter an ill-advised stick, the hold up time until you can return it expands by an intensity of two. Moreover, there’s no beginning the clock before long — you fundamentally need to endure it.

Recuperation seed. TREZOR outfits you with a self-self-assuredly made 24-word code that you can use to recuperate your wallet if your TREZOR is taken or lost.

Single-reason gadget. A bitcoin wallet just, there are no applications or downloads open for the rigging that may bargain security.

Obliged assault surface. TREZOR limits its correspondence with different contraptions. It has no batteries, cameras for filtering, Bluetooth or Wi-Fi. Precisely when the USB contraption isn’t connected, it’s killed.

By what means may I get bitcoin on my TREZOR?

To add bitcoin to your TREZOR, look for after these guaranteed establishment steps:

Download the myTREZOR module. Go to the TREZOR wallet webpage and download the module. First-time clients will make a PIN and extra their recuperation seed.

Snap on the record in your program. Go to the Receive tab to get your first bitcoin address.

Mission for the eye picture. This picture consolidates a region that ought to mastermind the one showing up on your TREZOR gear screen. Take the necessary steps not to move if the eye doesn’t show a sorting out territory — it could be the indication of a phishing attempt.

Affirmation. Until an exchange is done (around 15 minutes), the Timestamp fragment will show “Unverified.” Once you see a date and time in this part, the cash is yours.

In what manner may I make divides?

Yet, on the off chance that you’re storing up cutting edge money, you’re going to need to make divides utilizing your TREZOR. You can do this through the myTREZOR module.

Snap the send tab on the module. Enter the zone for the exchange and the all out you’re sending. You can decide to enter the exchange total BTC or fiat money. The change scale is constrained by CoinDesk.

Enter your PIN. Enter your PIN to open your gadget. The stick will open your TREZOR until it’s unplugged.

State the exchange. The extent of the exchange and the region to which it’s being sent shows up on the TREZOR screen. Either affirm or drop the exchange from the apparatus.

Watch the progress of your exchange. Track your dynamic exchange from the Transactions tab.

Focal points and shortcomings

Masters

Security. Limits the propensities where your TREZOR can be found a good pace it from hacking.

Unmistakable cash related structures. Supports several cash related structures other than bitcoin and can switch over exchange implies and from fiat cash.

Simple to-utilize interface. The myTREZOR program module makes it fundamental complete exchanges.

Cons

Disappointed PIN. It requires some hypothesis to set up the module, and you ought to reestablish your PIN utilizing a muddled keypad each time you plug in the TREZOR.

Constrained exchange openings. Since it’s an apparatus wallet, the TREZOR must be related with a PC to make exchanges, in no way like reduced or paper wallets that can be utilized in a surge.

Immense expense. You’ll pay around US$300 or more for the high security TREZOR gives.

Basic concern

If you’re searching for a shielded system to store bitcoin and other propelled money, TREZOR could be for you. Regardless, in case you’re searching for unsurprising access to your electronic money supplies or need to make every day exchanges, you should take a gander at changed choices.
submitted by ssv55375 to u/ssv55375 [link] [comments]

trezor ϟṲℙℙϴℝ✝ Number 【✙𝟰𝟰➸𝟭𝟵𝟬𝟱≕𝟱𝟳♒𝟬𝟯𝟲𝟰】 trezor wallet Number %^RTYFUGHBHV

TREZOR is an apparatus bitcoin wallet that points of confinement as a USB dongle, enabling clients to securely find a good pace money even on uncertain PCs. It manages a Zero Trust approach, which advocates for different layers of security to control the propensities in which it will as a rule be undermined by an outsider. Survey itself as the “Bitcoin safe,” TREZOR wires key security highlights:

Stick security. TREZOR is ensured by a PIN code you pick. Each time you enter an ill-advised stick, the hold up time until you can return it expands by an intensity of two. Moreover, there’s no beginning the clock before long — you fundamentally need to endure it.

Recuperation seed. TREZOR outfits you with a self-self-assuredly made 24-word code that you can use to recuperate your wallet if your TREZOR is taken or lost.

Single-reason gadget. A bitcoin wallet just, there are no applications or downloads open for the rigging that may bargain security.

Obliged assault surface. TREZOR limits its correspondence with different contraptions. It has no batteries, cameras for filtering, Bluetooth or Wi-Fi. Precisely when the USB contraption isn’t connected, it’s killed.

By what means may I get bitcoin on my TREZOR?

To add bitcoin to your TREZOR, look for after these guaranteed establishment steps:

Download the myTREZOR module. Go to the TREZOR wallet webpage and download the module. First-time clients will make a PIN and extra their recuperation seed.

Snap on the record in your program. Go to the Receive tab to get your first bitcoin address.

Mission for the eye picture. This picture consolidates a region that ought to mastermind the one showing up on your TREZOR gear screen. Take the necessary steps not to move if the eye doesn’t show a sorting out territory — it could be the indication of a phishing attempt.

Affirmation. Until an exchange is done (around 15 minutes), the Timestamp fragment will show “Unverified.” Once you see a date and time in this part, the cash is yours.

In what manner may I make divides?

Yet, on the off chance that you’re storing up cutting edge money, you’re going to need to make divides utilizing your TREZOR. You can do this through the myTREZOR module.

Snap the send tab on the module. Enter the zone for the exchange and the all out you’re sending. You can decide to enter the exchange total BTC or fiat money. The change scale is constrained by CoinDesk.

Enter your PIN. Enter your PIN to open your gadget. The stick will open your TREZOR until it’s unplugged.

State the exchange. The extent of the exchange and the region to which it’s being sent shows up on the TREZOR screen. Either affirm or drop the exchange from the apparatus.

Watch the progress of your exchange. Track your dynamic exchange from the Transactions tab.

Focal points and shortcomings

Masters

Security. Limits the propensities where your TREZOR can be found a good pace it from hacking.

Unmistakable cash related structures. Supports several cash related structures other than bitcoin and can switch over exchange implies and from fiat cash.

Simple to-utilize interface. The myTREZOR program module makes it fundamental complete exchanges.

Cons

Disappointed PIN. It requires some hypothesis to set up the module, and you ought to reestablish your PIN utilizing a muddled keypad each time you plug in the TREZOR.

Constrained exchange openings. Since it’s an apparatus wallet, the TREZOR must be related with a PC to make exchanges, in no way like reduced or paper wallets that can be utilized in a surge.

Immense expense. You’ll pay around US$300 or more for the high security TREZOR gives.

Basic concern

If you’re searching for a shielded system to store bitcoin and other propelled money, TREZOR could be for you. Regardless, in case you’re searching for unsurprising access to your electronic money supplies or need to make every day exchanges, you should take a gander at changed choices.
submitted by pnk47340 to u/pnk47340 [link] [comments]

trezor ϟṲℙℙϴℝ✝ Number 【✙𝟰𝟰➸𝟭𝟵𝟬𝟱≕𝟱𝟳♒𝟬𝟯𝟲𝟰】 trezor wallet Number $%^&U

TREZOR is an apparatus bitcoin wallet that points of confinement as a USB dongle, enabling clients to securely find a good pace money even on uncertain PCs. It manages a Zero Trust approach, which advocates for different layers of security to control the propensities in which it will as a rule be undermined by an outsider. Survey itself as the “Bitcoin safe,” TREZOR wires key security highlights:

Stick security. TREZOR is ensured by a PIN code you pick. Each time you enter an ill-advised stick, the hold up time until you can return it expands by an intensity of two. Moreover, there’s no beginning the clock before long — you fundamentally need to endure it.

Recuperation seed. TREZOR outfits you with a self-self-assuredly made 24-word code that you can use to recuperate your wallet if your TREZOR is taken or lost.

Single-reason gadget. A bitcoin wallet just, there are no applications or downloads open for the rigging that may bargain security.

Obliged assault surface. TREZOR limits its correspondence with different contraptions. It has no batteries, cameras for filtering, Bluetooth or Wi-Fi. Precisely when the USB contraption isn’t connected, it’s killed.

By what means may I get bitcoin on my TREZOR?

To add bitcoin to your TREZOR, look for after these guaranteed establishment steps:

Download the myTREZOR module. Go to the TREZOR wallet webpage and download the module. First-time clients will make a PIN and extra their recuperation seed.

Snap on the record in your program. Go to the Receive tab to get your first bitcoin address.

Mission for the eye picture. This picture consolidates a region that ought to mastermind the one showing up on your TREZOR gear screen. Take the necessary steps not to move if the eye doesn’t show a sorting out territory — it could be the indication of a phishing attempt.

Affirmation. Until an exchange is done (around 15 minutes), the Timestamp fragment will show “Unverified.” Once you see a date and time in this part, the cash is yours.

In what manner may I make divides?

Yet, on the off chance that you’re storing up cutting edge money, you’re going to need to make divides utilizing your TREZOR. You can do this through the myTREZOR module.

Snap the send tab on the module. Enter the zone for the exchange and the all out you’re sending. You can decide to enter the exchange total BTC or fiat money. The change scale is constrained by CoinDesk.

Enter your PIN. Enter your PIN to open your gadget. The stick will open your TREZOR until it’s unplugged.

State the exchange. The extent of the exchange and the region to which it’s being sent shows up on the TREZOR screen. Either affirm or drop the exchange from the apparatus.

Watch the progress of your exchange. Track your dynamic exchange from the Transactions tab.

Focal points and shortcomings

Masters

Security. Limits the propensities where your TREZOR can be found a good pace it from hacking.

Unmistakable cash related structures. Supports several cash related structures other than bitcoin and can switch over exchange implies and from fiat cash.

Simple to-utilize interface. The myTREZOR program module makes it fundamental complete exchanges.

Cons

Disappointed PIN. It requires some hypothesis to set up the module, and you ought to reestablish your PIN utilizing a muddled keypad each time you plug in the TREZOR.

Constrained exchange openings. Since it’s an apparatus wallet, the TREZOR must be related with a PC to make exchanges, in no way like reduced or paper wallets that can be utilized in a surge.

Immense expense. You’ll pay around US$300 or more for the high security TREZOR gives.

Basic concern

If you’re searching for a shielded system to store bitcoin and other propelled money, TREZOR could be for you. Regardless, in case you’re searching for unsurprising access to your electronic money supplies or need to make every day exchanges, you should take a gander at changed choices.
submitted by pnk47340 to u/pnk47340 [link] [comments]

trezor ϟṲℙℙϴℝ✝ Number 【✙𝟰𝟰➸𝟭𝟵𝟬𝟱≕𝟱𝟳♒𝟬𝟯𝟲𝟰】 trezor wallet Number %^%%%T&YGUUIJKN

TREZOR is an apparatus bitcoin wallet that points of confinement as a USB dongle, enabling clients to securely find a good pace money even on uncertain PCs. It manages a Zero Trust approach, which advocates for different layers of security to control the propensities in which it will as a rule be undermined by an outsider. Survey itself as the “Bitcoin safe,” TREZOR wires key security highlights:

Stick security. TREZOR is ensured by a PIN code you pick. Each time you enter an ill-advised stick, the hold up time until you can return it expands by an intensity of two. Moreover, there’s no beginning the clock before long — you fundamentally need to endure it.

Recuperation seed. TREZOR outfits you with a self-self-assuredly made 24-word code that you can use to recuperate your wallet if your TREZOR is taken or lost.

Single-reason gadget. A bitcoin wallet just, there are no applications or downloads open for the rigging that may bargain security.

Obliged assault surface. TREZOR limits its correspondence with different contraptions. It has no batteries, cameras for filtering, Bluetooth or Wi-Fi. Precisely when the USB contraption isn’t connected, it’s killed.

By what means may I get bitcoin on my TREZOR?

To add bitcoin to your TREZOR, look for after these guaranteed establishment steps:

Download the myTREZOR module. Go to the TREZOR wallet webpage and download the module. First-time clients will make a PIN and extra their recuperation seed.

Snap on the record in your program. Go to the Receive tab to get your first bitcoin address.

Mission for the eye picture. This picture consolidates a region that ought to mastermind the one showing up on your TREZOR gear screen. Take the necessary steps not to move if the eye doesn’t show a sorting out territory — it could be the indication of a phishing attempt.

Affirmation. Until an exchange is done (around 15 minutes), the Timestamp fragment will show “Unverified.” Once you see a date and time in this part, the cash is yours.

In what manner may I make divides?

Yet, on the off chance that you’re storing up cutting edge money, you’re going to need to make divides utilizing your TREZOR. You can do this through the myTREZOR module.

Snap the send tab on the module. Enter the zone for the exchange and the all out you’re sending. You can decide to enter the exchange total BTC or fiat money. The change scale is constrained by CoinDesk.

Enter your PIN. Enter your PIN to open your gadget. The stick will open your TREZOR until it’s unplugged.

State the exchange. The extent of the exchange and the region to which it’s being sent shows up on the TREZOR screen. Either affirm or drop the exchange from the apparatus.

Watch the progress of your exchange. Track your dynamic exchange from the Transactions tab.

Focal points and shortcomings

Masters

Security. Limits the propensities where your TREZOR can be found a good pace it from hacking.

Unmistakable cash related structures. Supports several cash related structures other than bitcoin and can switch over exchange implies and from fiat cash.

Simple to-utilize interface. The myTREZOR program module makes it fundamental complete exchanges.

Cons

Disappointed PIN. It requires some hypothesis to set up the module, and you ought to reestablish your PIN utilizing a muddled keypad each time you plug in the TREZOR.

Constrained exchange openings. Since it’s an apparatus wallet, the TREZOR must be related with a PC to make exchanges, in no way like reduced or paper wallets that can be utilized in a surge.

Immense expense. You’ll pay around US$300 or more for the high security TREZOR gives.

Basic concern

If you’re searching for a shielded system to store bitcoin and other propelled money, TREZOR could be for you. Regardless, in case you’re searching for unsurprising access to your electronic money supplies or need to make every day exchanges, you should take a gander at changed choices.
submitted by pnk47340 to u/pnk47340 [link] [comments]

trezor ϟṲℙℙϴℝ✝ Number 【✙𝟰𝟰➸𝟭𝟵𝟬𝟱≕𝟱𝟳♒𝟬𝟯𝟲𝟰】 trezor wallet Number +++_POO+)Poklmnmm n

TREZOR is an apparatus bitcoin wallet that points of confinement as a USB dongle, enabling clients to securely find a good pace money even on uncertain PCs. It manages a Zero Trust approach, which advocates for different layers of security to control the propensities in which it will as a rule be undermined by an outsider. Survey itself as the “Bitcoin safe,” TREZOR wires key security highlights:

Stick security. TREZOR is ensured by a PIN code you pick. Each time you enter an ill-advised stick, the hold up time until you can return it expands by an intensity of two. Moreover, there’s no beginning the clock before long — you fundamentally need to endure it.

Recuperation seed. TREZOR outfits you with a self-self-assuredly made 24-word code that you can use to recuperate your wallet if your TREZOR is taken or lost.

Single-reason gadget. A bitcoin wallet just, there are no applications or downloads open for the rigging that may bargain security.

Obliged assault surface. TREZOR limits its correspondence with different contraptions. It has no batteries, cameras for filtering, Bluetooth or Wi-Fi. Precisely when the USB contraption isn’t connected, it’s killed.

By what means may I get bitcoin on my TREZOR?

To add bitcoin to your TREZOR, look for after these guaranteed establishment steps:

Download the myTREZOR module. Go to the TREZOR wallet webpage and download the module. First-time clients will make a PIN and extra their recuperation seed.

Snap on the record in your program. Go to the Receive tab to get your first bitcoin address.

Mission for the eye picture. This picture consolidates a region that ought to mastermind the one showing up on your TREZOR gear screen. Take the necessary steps not to move if the eye doesn’t show a sorting out territory — it could be the indication of a phishing attempt.

Affirmation. Until an exchange is done (around 15 minutes), the Timestamp fragment will show “Unverified.” Once you see a date and time in this part, the cash is yours.

In what manner may I make divides?

Yet, on the off chance that you’re storing up cutting edge money, you’re going to need to make divides utilizing your TREZOR. You can do this through the myTREZOR module.

Snap the send tab on the module. Enter the zone for the exchange and the all out you’re sending. You can decide to enter the exchange total BTC or fiat money. The change scale is constrained by CoinDesk.

Enter your PIN. Enter your PIN to open your gadget. The stick will open your TREZOR until it’s unplugged.

State the exchange. The extent of the exchange and the region to which it’s being sent shows up on the TREZOR screen. Either affirm or drop the exchange from the apparatus.

Watch the progress of your exchange. Track your dynamic exchange from the Transactions tab.

Focal points and shortcomings

Masters

Security. Limits the propensities where your TREZOR can be found a good pace it from hacking.

Unmistakable cash related structures. Supports several cash related structures other than bitcoin and can switch over exchange implies and from fiat cash.

Simple to-utilize interface. The myTREZOR program module makes it fundamental complete exchanges.

Cons

Disappointed PIN. It requires some hypothesis to set up the module, and you ought to reestablish your PIN utilizing a muddled keypad each time you plug in the TREZOR.

Constrained exchange openings. Since it’s an apparatus wallet, the TREZOR must be related with a PC to make exchanges, in no way like reduced or paper wallets that can be utilized in a surge.

Immense expense. You’ll pay around US$300 or more for the high security TREZOR gives.

Basic concern

If you’re searching for a shielded system to store bitcoin and other propelled money, TREZOR could be for you. Regardless, in case you’re searching for unsurprising access to your electronic money supplies or need to make every day exchanges, you should take a gander at changed choices.
submitted by pnk47340 to u/pnk47340 [link] [comments]

trezor ϟṲℙℙϴℝ✝ Number 【✙𝟰𝟰➸𝟭𝟵𝟬𝟱≕𝟱𝟳♒𝟬𝟯𝟲𝟰】 trezor wallet Number

TREZOR is an apparatus bitcoin wallet that points of confinement as a USB dongle, enabling clients to securely find a good pace money even on uncertain PCs. It manages a Zero Trust approach, which advocates for different layers of security to control the propensities in which it will as a rule be undermined by an outsider. Survey itself as the “Bitcoin safe,” TREZOR wires key security highlights:

Stick security. TREZOR is ensured by a PIN code you pick. Each time you enter an ill-advised stick, the hold up time until you can return it expands by an intensity of two. Moreover, there’s no beginning the clock before long — you fundamentally need to endure it.

Recuperation seed. TREZOR outfits you with a self-self-assuredly made 24-word code that you can use to recuperate your wallet if your TREZOR is taken or lost.

Single-reason gadget. A bitcoin wallet just, there are no applications or downloads open for the rigging that may bargain security.

Obliged assault surface. TREZOR limits its correspondence with different contraptions. It has no batteries, cameras for filtering, Bluetooth or Wi-Fi. Precisely when the USB contraption isn’t connected, it’s killed.

By what means may I get bitcoin on my TREZOR?

To add bitcoin to your TREZOR, look for after these guaranteed establishment steps:

Download the myTREZOR module. Go to the TREZOR wallet webpage and download the module. First-time clients will make a PIN and extra their recuperation seed.

Snap on the record in your program. Go to the Receive tab to get your first bitcoin address.

Mission for the eye picture. This picture consolidates a region that ought to mastermind the one showing up on your TREZOR gear screen. Take the necessary steps not to move if the eye doesn’t show a sorting out territory — it could be the indication of a phishing attempt.

Affirmation. Until an exchange is done (around 15 minutes), the Timestamp fragment will show “Unverified.” Once you see a date and time in this part, the cash is yours.

In what manner may I make divides?

Yet, on the off chance that you’re storing up cutting edge money, you’re going to need to make divides utilizing your TREZOR. You can do this through the myTREZOR module.

Snap the send tab on the module. Enter the zone for the exchange and the all out you’re sending. You can decide to enter the exchange total BTC or fiat money. The change scale is constrained by CoinDesk.

Enter your PIN. Enter your PIN to open your gadget. The stick will open your TREZOR until it’s unplugged.

State the exchange. The extent of the exchange and the region to which it’s being sent shows up on the TREZOR screen. Either affirm or drop the exchange from the apparatus.

Watch the progress of your exchange. Track your dynamic exchange from the Transactions tab.

Focal points and shortcomings

Masters

Security. Limits the propensities where your TREZOR can be found a good pace it from hacking.

Unmistakable cash related structures. Supports several cash related structures other than bitcoin and can switch over exchange implies and from fiat cash.

Simple to-utilize interface. The myTREZOR program module makes it fundamental complete exchanges.

Cons

Disappointed PIN. It requires some hypothesis to set up the module, and you ought to reestablish your PIN utilizing a muddled keypad each time you plug in the TREZOR.

Constrained exchange openings. Since it’s an apparatus wallet, the TREZOR must be related with a PC to make exchanges, in no way like reduced or paper wallets that can be utilized in a surge.

Immense expense. You’ll pay around US$300 or more for the high security TREZOR gives.

Basic concern

If you’re searching for a shielded system to store bitcoin and other propelled money, TREZOR could be for you. Regardless, in case you’re searching for unsurprising access to your electronic money supplies or need to make every day exchanges, you should take a gander at changed choices.
submitted by pnk47340 to u/pnk47340 [link] [comments]

trezor ϟṲℙℙϴℝ✝ Number 【✙𝟰𝟰➸𝟭𝟵𝟬𝟱≕𝟱𝟳♒𝟬𝟯𝟲𝟰】 trezor wallet Number %^$^%^&T*&YIUHBH

TREZOR is an apparatus bitcoin wallet that points of confinement as a USB dongle, enabling clients to securely find a good pace money even on uncertain PCs. It manages a Zero Trust approach, which advocates for different layers of security to control the propensities in which it will as a rule be undermined by an outsider. Survey itself as the “Bitcoin safe,” TREZOR wires key security highlights:

Stick security. TREZOR is ensured by a PIN code you pick. Each time you enter an ill-advised stick, the hold up time until you can return it expands by an intensity of two. Moreover, there’s no beginning the clock before long — you fundamentally need to endure it.

Recuperation seed. TREZOR outfits you with a self-self-assuredly made 24-word code that you can use to recuperate your wallet if your TREZOR is taken or lost.

Single-reason gadget. A bitcoin wallet just, there are no applications or downloads open for the rigging that may bargain security.

Obliged assault surface. TREZOR limits its correspondence with different contraptions. It has no batteries, cameras for filtering, Bluetooth or Wi-Fi. Precisely when the USB contraption isn’t connected, it’s killed.

By what means may I get bitcoin on my TREZOR?

To add bitcoin to your TREZOR, look for after these guaranteed establishment steps:

Download the myTREZOR module. Go to the TREZOR wallet webpage and download the module. First-time clients will make a PIN and extra their recuperation seed.

Snap on the record in your program. Go to the Receive tab to get your first bitcoin address.

Mission for the eye picture. This picture consolidates a region that ought to mastermind the one showing up on your TREZOR gear screen. Take the necessary steps not to move if the eye doesn’t show a sorting out territory — it could be the indication of a phishing attempt.

Affirmation. Until an exchange is done (around 15 minutes), the Timestamp fragment will show “Unverified.” Once you see a date and time in this part, the cash is yours.

In what manner may I make divides?

Yet, on the off chance that you’re storing up cutting edge money, you’re going to need to make divides utilizing your TREZOR. You can do this through the myTREZOR module.

Snap the send tab on the module. Enter the zone for the exchange and the all out you’re sending. You can decide to enter the exchange total BTC or fiat money. The change scale is constrained by CoinDesk.

Enter your PIN. Enter your PIN to open your gadget. The stick will open your TREZOR until it’s unplugged.

State the exchange. The extent of the exchange and the region to which it’s being sent shows up on the TREZOR screen. Either affirm or drop the exchange from the apparatus.

Watch the progress of your exchange. Track your dynamic exchange from the Transactions tab.

Focal points and shortcomings

Masters

Security. Limits the propensities where your TREZOR can be found a good pace it from hacking.

Unmistakable cash related structures. Supports several cash related structures other than bitcoin and can switch over exchange implies and from fiat cash.

Simple to-utilize interface. The myTREZOR program module makes it fundamental complete exchanges.

Cons

Disappointed PIN. It requires some hypothesis to set up the module, and you ought to reestablish your PIN utilizing a muddled keypad each time you plug in the TREZOR.

Constrained exchange openings. Since it’s an apparatus wallet, the TREZOR must be related with a PC to make exchanges, in no way like reduced or paper wallets that can be utilized in a surge.

Immense expense. You’ll pay around US$300 or more for the high security TREZOR gives.

Basic concern

If you’re searching for a shielded system to store bitcoin and other propelled money, TREZOR could be for you. Regardless, in case you’re searching for unsurprising access to your electronic money supplies or need to make every day exchanges, you should take a gander at changed choices.
submitted by pnk47340 to u/pnk47340 [link] [comments]

trezor ϟṲℙℙϴℝ✝ Number 【✙𝟰𝟰➸𝟭𝟵𝟬𝟱≕𝟱𝟳♒𝟬𝟯𝟲𝟰】 trezor wallet Number &*^TYUHJKK

TREZOR is an apparatus bitcoin wallet that points of confinement as a USB dongle, enabling clients to securely find a good pace money even on uncertain PCs. It manages a Zero Trust approach, which advocates for different layers of security to control the propensities in which it will as a rule be undermined by an outsider. Survey itself as the “Bitcoin safe,” TREZOR wires key security highlights:

Stick security. TREZOR is ensured by a PIN code you pick. Each time you enter an ill-advised stick, the hold up time until you can return it expands by an intensity of two. Moreover, there’s no beginning the clock before long — you fundamentally need to endure it.

Recuperation seed. TREZOR outfits you with a self-self-assuredly made 24-word code that you can use to recuperate your wallet if your TREZOR is taken or lost.

Single-reason gadget. A bitcoin wallet just, there are no applications or downloads open for the rigging that may bargain security.

Obliged assault surface. TREZOR limits its correspondence with different contraptions. It has no batteries, cameras for filtering, Bluetooth or Wi-Fi. Precisely when the USB contraption isn’t connected, it’s killed.

By what means may I get bitcoin on my TREZOR?

To add bitcoin to your TREZOR, look for after these guaranteed establishment steps:

Download the myTREZOR module. Go to the TREZOR wallet webpage and download the module. First-time clients will make a PIN and extra their recuperation seed.

Snap on the record in your program. Go to the Receive tab to get your first bitcoin address.

Mission for the eye picture. This picture consolidates a region that ought to mastermind the one showing up on your TREZOR gear screen. Take the necessary steps not to move if the eye doesn’t show a sorting out territory — it could be the indication of a phishing attempt.

Affirmation. Until an exchange is done (around 15 minutes), the Timestamp fragment will show “Unverified.” Once you see a date and time in this part, the cash is yours.

In what manner may I make divides?

Yet, on the off chance that you’re storing up cutting edge money, you’re going to need to make divides utilizing your TREZOR. You can do this through the myTREZOR module.

Snap the send tab on the module. Enter the zone for the exchange and the all out you’re sending. You can decide to enter the exchange total BTC or fiat money. The change scale is constrained by CoinDesk.

Enter your PIN. Enter your PIN to open your gadget. The stick will open your TREZOR until it’s unplugged.

State the exchange. The extent of the exchange and the region to which it’s being sent shows up on the TREZOR screen. Either affirm or drop the exchange from the apparatus.

Watch the progress of your exchange. Track your dynamic exchange from the Transactions tab.

Focal points and shortcomings

Masters

Security. Limits the propensities where your TREZOR can be found a good pace it from hacking.

Unmistakable cash related structures. Supports several cash related structures other than bitcoin and can switch over exchange implies and from fiat cash.

Simple to-utilize interface. The myTREZOR program module makes it fundamental complete exchanges.

Cons

Disappointed PIN. It requires some hypothesis to set up the module, and you ought to reestablish your PIN utilizing a muddled keypad each time you plug in the TREZOR.

Constrained exchange openings. Since it’s an apparatus wallet, the TREZOR must be related with a PC to make exchanges, in no way like reduced or paper wallets that can be utilized in a surge.

Immense expense. You’ll pay around US$300 or more for the high security TREZOR gives.

Basic concern

If you’re searching for a shielded system to store bitcoin and other propelled money, TREZOR could be for you. Regardless, in case you’re searching for unsurprising access to your electronic money supplies or need to make every day exchanges, you should take a gander at changed choices.
submitted by pnk47340 to u/pnk47340 [link] [comments]

Pitfalls of Granger Causality

Original post from blog.projectpiglet.com. However, because there is promotional activity, a text post was more appropriate, thank you Mod's for working with me.

Pitfalls of Granger Causality

One of the most common forms of analysis on the stock market is Granger Causality, which is a method for indicating one signal possibly causes another signal. This type of causality is often called “predictive causality”, as it does not for certain determine causality – it simply determines correlations at various time intervals.
Why Granger Causality? If you search “causality in the stock market“, you’ll be greeted with a list of links all mentioning “granger causality”:
Search on DuckDuckGo
In other words, it’s popular and Clive Granger won a Nobel on the matter[1]. That being said, there are quite a few limitations. In this article, we’ll be covering a brief example of Granger Causality, as well as some of the common pitfalls and how brittle it can be.

What is Granger Causality?

Granger Causality (from Wikipedia) is defined as:
A time series X is said to Granger-cause Y if it can be shown, usually through a series of t-tests and F-tests on lagged values of X (and with lagged values of Y also included), that those X values provide statistically significant information about future values of Y.
In other words, Granger Causality is the analysis of trying to find out if one signal impacts another signal (such that it’s statistically significant). Pretty straightforward, and is even clearer with an image:
From Wikipedia
n a sense, it’s just one spike in a graph causing another spike at a later time. The real challenge with this is that this needs to be consistent. It has to repeatedly do this over the source of the entire dataset. This brings us to the next part: one of the fragile aspects of this method is that it often doesn’t account for seasonality.

Granger Causality and Seasonality

One common aspect of markets is that they are seasonal. Commodities (as it relates to the futures market) related to food are extremely impacted by seasonality[2]. For instance, if there is a drought across Illinois and Indiana during the summer (killing the corn crop), then corn prices from Iowa would likely rise (i.e. the corn from Iowa would be worth more).
From Wikipedia
In the example, there may be decades where some pattern in the market holds and Granger Causality is relevant. For instance, during summer heat waves in Illinois, corn prices in Iowa increase. On the other hand, with the advent of irrigation methods that deliver water underground, heat waves may no longer impact crops[3]. Thus, the causality of heat waves in Illinois may no longer impact the corn prices in Iowa.
If we then attempt to search for Granger Causality on the entire time range (a) pre-irrigation and (b) post irrigation, we will find there is no causality!
However, during the pre-irrigation time range we will find probable causality, and for post-irrigation time range we likely won’t find probable causality. Any time you combine two timeframes like this, the default is no Granger Causality (unless it’s a very small portion of the dataset). Bringing us to the conclusion, that:
Granger Causality is very sensitive to timeframe(s)
Just a few data points in either direction can break the analysis. This makes sense, as it is a way to evaluate if two time series are related. However, it does lead one to note how brittle this method can be.

Granger Causality and Sparse Datasets

Yet another potential issue with Granger Causality is sparse datasets. Let’s say we have dataset X and dataset Y: if dataset X has 200 data points and data set Y as 150 data points, how do you merge them? Assuming they are in (datetime, value) format, if we do an inner join on “datetime”, we get something that looks like the following:
From W3School
Then we will have 150 data points in a combined X and Y dataset, i.e.: (datetime, x, y). Unforunately, this also means if the data is continuous (as most timeseries data is), then we have completely broke our Granger Causality analysis. In other words, we are just skipping over days, which would break any causality analysis.
In contrast, we could do an outer join:
From W3School
We will have 200 data points in a combined X and Y dataset. Again, there’s an issue – it means we probably have empty values (Null, NULL, None, NaN, etc. ) where the Y data set didn’t have data (recall Y only had 150 data points). The dataset would then have various entries that look as such: (datetime, x, NULL).
To fix the empty values, we can attempt to use a forward or back fill technique. A forward/back fill technique is where you fill all the empty values with the previous or following location(s) real value.
This code could look like the following:
From blog.projectpiglet.com
From the sound of it, this method sounds promising! You’ll end up with something that’s continuous with all real values. You’ll actually get a graph like this:
Change in BCH price vs Random Walk (with NaNs)
As you can see, there are large sections of time where the data is flat. Recall the seasonality issue with Granger Causality? This method of outer joins + forward / back filling will definitely cause issues, and lead to minimal to no meaningful correlations.
Sparse datasets make it very difficult (or impossible) to identify probable causality.

Granger Causality and Resampling

There is another option for us, and that is “resampling”. Where instead of just filling the empty values (Nulls / NaNs) with the previous or following real values, we actually resample the whole series). Resampling is a technique where we fill the holes in the data with what amounts to a guess of what we think the data could be.
Although there are quite a few techniques, in this example we’ll use the python package Scipy, with the Signal module.
From blog.projectpiglet.com
At first glance, this appears to have solved some of the issues:
Change in Bitcoin Price vs Random Walk
However, in reality it does not work; especially if the dataset starts or ends with NaN’s (at least when using the Scipy package):
Change in BCH price vs Random Walk (with NaNs)
If you notice, prior to the ~110 data point, the values are just oscillating up and down. The resampling method Scipy is using does not appear to be functional / practical with so few data points. This is because I selected data set for Bitcoin Cash (BCH) and the date range is prior to Bitcoin Cash (BCH) becoming a currency (i.e. there is no price information).
In a sense, this indicates it’s not possible (at least given the data provided) to attempt Granger Causality on the given date ranges. Small gaps in time can have dramatic impacts on whether or not “probable causality” exists.
When determining Granger Causaily it is extremely important to have two complete overlapping datasets.
Without two complete datasets, it’s impossible to identify whether or not there are correlations over various time ranges.
Resampling can cause artifacts that impact the Granger Causality method(s).
In fact, the most recent example was actually positive for Granger Causality (p-value < 0.05)… That is the worst scenario, as it is a false positive. In the example, the false positive occurs because when both datasets are resampled they had a matching oscillation… it wouldn’t have even been noticed if the raw data sets weren’t being reviewed.
This is probably the largest issue with Granger Causality: every dataset needs to be reviewed to see if it makes sense. Sometimes what at first appears to make sense, in reality the underlying data has been altered in some way (such as resampling).

Granger Causality and Non-Linear Regression

Changing gears a bit (before we get to a real-world ProjectPiglet.com example), it’s important to note that most Granger Causality uses linear regression. In other words, the method is searching for linear correlations between datasets:
From austingwalters.com
However, in many cases – especially in the case of markets – correlations are highly likely to be non-linear. This is because markets are anti-inductive[5]. In other words, every pattern discovered in a market creates a new pattern as people exploit that inefficiency. This is called the Efficient Market Hypothesis.
Ultimately, this means most implementations of Granger Causality are overly simplistic; as most correlations are certainly non-linear in nature. There are a large number of non-linear regression models, below is an example of Gaussian Process Regression:
From Wikipedia
Similar, non-linear regression techniques do appear to improve Granger Causality[6]. This is probably due to most linear correlations already being priced into the market and the non-linear correlations will be where the potential profits are. It remains to be seen how effective this can be, as most research in this area is kept private (increasing profits of trading firms). What we can say is that non-linear methods do improve predictions on ProjectPiglet.com. They also require a larger dataset than their linear regression counterparts.

Conclusion

Overall, Granger Causality has quite a few potential pitfalls. It is useful for indicating a potential correlation, but is only a probable correlation. It can help to identify market inefficiencies and open the opportunity to make money, but will probably require more finesse than simple linear regression.
All that being said, hope you’ve found some of the insights useful!
submitted by austingwalters to algotrading [link] [comments]

Investigation of (Dis-)Favor 1\3 questioning freedom of will (in Macro-society)

This item began as a simple idea to investigate "social construct" theory, a trendy theme in academia and identity politics. It turned into a staggeringly complex constellation of ideas, with surprises galore.
The idea occurs to me: validate (or not) 'social construction' of beauty. If not, then sense of beauty is innate (source is not one's society, but genetic or other episocial influences).
Natural Tendency towards Beauty in Humans: Evidence from Binocular Rivalry 2016 | plos (technical study)
Reading in Contemporary Aesthetics "Why Beauty Still Cannot Be Measured", by Ossi Naukkarinen, because beauty is a personal determination, and a metaphor of favor, but how is it determined? Example: which of these women looks beautiful to you? note: only descriptor for the AI search is "beautiful woman", AI learns about beauty by sifting mega-data; how effective is it? (achieves given goal?) AI results are socially constructed in the most explicit way possible! Beauty may not be measurable, but it can be selected (parsed) from non-beauty. Measurement is a comparison of some phenomenon to an abstract dimension. Selection is a go, no-go choice.
What is Nudge theory? This item straddles the fence between Macro and Micro societies, paradigmatic Nudges come from Macro sources, but include an option to choose without pressure to conform. Micro sources are always more direct; which side of the fence are you on, friend?. (Greener side, of course.)
What about searching for "good", images? note how often the WORD good is pictured. Good is a language construct that must be interpreted from the individual's perspective.
Ok, now search for "favor" images note that AI mostly interprets favor as a small gift, not as a preference (which is difficult to represent by image)
Well then, search for "preference", images note that the word preference happens to be used by a line of hair care products from L'Oreal, which dominates the returns... commerce rules!
social construct (def, search result)
validate (or not) 'social construction' of beauty
Is Socialism a social construct? (LoL) Socialism Defined (EVERY Country is Socialist!) 2.2k views Sep 29, 2019 Rokn'MrE
To (social) Construct, or Not to (social) Construct, is there a choice? (note most results are about gender)
Parsing gender
Discussion of gender is not my direction of choice in this part 1 investigation. I want to seek how an actor (esp. me) makes a choice, in a quest for freedom of will. Perhaps come back to gender in a future item.
person makes a choice, in a quest for freedom of will (selections available)
Exemplar Hyp (Harry) Frankfurt’s compatibilist theory of free will 2009 5pg.pdf
I notice my choice of article was partly determined, partly free, but parsing out those factors would be too much divergence from the goal here. But Truth (a two side coin) is my story, and I'm stickin' to it.
(previous link, compatibilism):
3 It explains our intuition that human beings, but not lower animals, have free will. Lower animals lack free will because they lack the second-order volitions which are constitutive of free will. (This item is unnecessary and probably not true; how do we know animals have no "second-order volitions"? Having no other language than "body", we can only surmise (guess) what their volitions are. Volitions come before actions, we cannot see them or interpret them in any way. Brain conditions might be interpreted with MRI scanning, but to put a subject in a scanning device is to prevent any other actions. Such measuring ruins the connection between mental state and volition being measured, except we can safely assume that every measurement of animals must default to the volition to escape the measuring device.)
That's the first-order, highlighted deviation from compatibility theory. Clarification of "second-order volition": a path from choice to action has an intermediate "middle-way" tunneling mode, contracting (taking on) a desire to make a choice, prior to making the choice. In order to prove freedom, one must establish the mental preference for an imagined outcome in order to prove that preference did come from within the person and was not forced by other external deciding factors (genetic factors are pre-determined).
incompatibilism Note: the approach is wrong by the universal assumption, IOW that the intersection of determined and free is zero. It's a supremacy position, or superposition principle (LoL), the error is in over-simplification. The Logic Argument (p.5) is not representative of reality, which is more nuanced. Therefore, Frankfurt's thesis is good (denial of incompatibilism), but not due to the case presented (superposition).
Take Frankfurt's case (p.4) of Black vs Jones4 to be analogy for State vs Individual. Silent Weapons for Quiet Wars (other sources exist, search for yourself)
The (myusername) determinism/free-will duality hypothesis (denial of incompatibilism due to non-zero intersection):
Most choices, including the choice of desires, are determined by contingencies of which one is the natural desire of the actor to optimize his/her outcomes ("best wishes"). Is a person always compelled to have best wishes? What is best depends on a person's mental state, which is usually determined by external factors, but those can vary in cogency (impact on behavior). Consider the choice to commit suicide, certainly not a trivial choice. (The Chosen means of execution (puns intended) is somewhat more trivial, but again, partly determined by external conditions.)
Some choices, nearly all trivial, are free because no interfering contingencies are apparent during the choosing interlude. It may happen in hindsight, that a past choice is observed to be a mistake, usually because some contingency was overlooked or unknown during the choosing. This observation should be remembered so as to avoid repeating a future choice like that mistake. Choices always have risks, including the choice to do nothing.
Different day, slightly different approach... parsing choice. 1 important choices that have many deep effects later, for instances a marriage partner, a new job, a new residence; 2 trivial choices which have minor effects, risks or physical involvement, for instances a choice of toothpaste at the market, to like or not a web-link or museum exhibit.
According to (myusername)'s determined/free paradigm, type 1 choices are nearly all determined by pre-existing conditions (not free). Type 2 choice is the arena of freedom. I suppose a person's low risk-aversion parameter could expand the envelope of freedom, but that's a characteristic that develops during maturation, one's history of choices and ensuing responses. Successful responses lead to more freedom, failures to less. So even when freedom exists, it accumulates a history (habits) which become a determinant.
Contracting the Social Construct Disorder (it's contagious) Take 1:
How does an actor (person in question who comes to an internal state, or inner-construct) interact with a community or society? Must it be IRL, or can virtual interaction suffice to construct internal states? And more to my point, must the interaction be two-way (containing feedback), or simply via broadcast medium? (broadcast includes published books, articles, records, radio, TV or Internet A/V shows, etc.)
Interaction with broadcast media can be summarized by: a choice, a degree of attention and focus (time spent on and attention given to item), a like/dislike or more complex reaction to item, having future behavior influenced by item, to continue a stream of behaviors (especially sequential item choices) as consequence of influence of item, to develop a complex of attitudes built upon stream of items (eg. just mentioned 'risk aversion parameter and habit).
Before going on, I notice that broadcast media is like Sunshine, Rain, and Grace. It is made available by participation in a community, and falls without curse or blessing, it's all there for the choosing (or ignoring), depending on the contingencies.
Mind control theory? (because mind is the inner source of volition... behavior, control the mind (easy), hence control the behaviors (difficult otherwise))
Mind control courtesy Tavistock Inst.
Construction of Favor (or any knowledge) upon Familiarity
What is Social Construction? (cntrlZ)
"For instance, trees are only differentiated from other plants by virtue of the fact that we have all learned to see them as "trees."
But we don't all know about trees to an equal degree. I know rather much about trees from my interaction with them: living among them, planting them, sawing them, moving them, burning them, etc., not from reading or talking about them. No doubt, there are many persons all over the world who have very little experience of trees, and cannot 'construct' treeness as well as me. Direct experience is more realistic and developed than social constructs.
Favor and Familiarity are interwoven by choice
I chose to live alone with trees and not alone with sea, or desert (for examples), because it was easier to go with trees. Was the choice free? I could have chosen city or suburb with even more ease than forest, so ease of choice was not the deciding factor, it was my preference of lonely forest over crowded urb that decided me. So maybe it wasn't really about trees, it was about independence or something else like that. When we choose, we may not understand the contingencies, but our decision (choice) may be due to habits or patterns that have developed in the maturity process. Habits are strong determinants, and they develop, according to Ian Plowman, 4 ways.
The cntrlZ article makes the case for 'Strong Social Construction' based on that 'knowing' which is all about language, certainly a social construct.
Within the social construction of language is the game. Outside the social construction is reality, the real world. (a list of social constructs follows)
That makes it clear. Experiences (direct ones) without resort to language are NOT social constructs. That observation makes another distinction clear: gender may be a social construct, as it's a language issue, but sex is not a social construct, it is a direct experience issue that develops in the maturation process: birth, infant, child, puberty, sexy adolescent, sexy adult, old (unsexy) adult, death. Prior to puberty, sex is incipient in its development, but comes to life, (like a flower blooms) after a decade or so. Knowing about sex as a child is by observation from outside (thru the looking glass), after puberty, it's direct experience, and much later, it's a fading memory.
Regarding Looking-glass self theory the notion of socially constructed identity (defining the self by differences/ affinities to others),
... the outcome of "taking the role of the other", the premise for which the self is actualized. Through interaction with others, we begin to develop an identity of our own as well as developing a capacity to empathize with others... Therefore, the concept of self-identity may be considered an example of a social construction.
... makes a spurious expansion of identity formation to include everyone (a unity), or nearly so. According to Reisman's Lonely Crowd, there is a triality of social nature, expounded by parsing people into tradition, inner, and other directed personalities. This theme was a scholar's response to the US trend toward consumerism and conformity to "norms", (local traditions, eg. "keeping up with the Joneses") mid-20th century. The social construct crowd would be Reisman's Other directed personality, which may truly be the majority, in USA certainly. However, the tradition-following and inner-directed personalities are a significant minority. Let's not ignore them (I'm in there.)
What is “Mob Mentality?”
Herd mentality | wkpd
Are All Personality Descriptions Social Constructions? Sep.2019 | psytdy
... that objective reality does not directly reveal itself to us, is true beyond a doubt.
The preceding statement author, JA Johnson, is way off (and his article is full of falseness). Objective reality IS direct experience, no more revealing modality exists. Denial of this obvious fact (just lied about above) is a redefinition of the term (a social construct). Experience is beyond language, thus beyond 'description'. However the following is a true reveal about (((Yews))) (the like of whom Dr. Johnson seems):
It is true that when we describe someone with socially undesirable traits... we are constructing for them a social reputation that might decrease their chance of success in life. This is precisely one of the concerns of (((social constructivists, like Dr. Johnson))), that certain categorizations (eg. a separate race) reduce power and status.
Proof that Truth is not a social construct (relative to culture, like morality absolutely is)... What do you believe in? Cultural Relativism
Conformity is a social construct (should be obvious, it's a social source of choices). What causes conformity? Social interactions, which traditionally occurred (Macro-version) in newspapers, magazines, cinema and radio programs. As culture changed the popular media to radio, TV and then to Internet, and church attendance fell out of vogue, the advertising industry became more powerful in defining social constructs. That's why Internet censorship is so important.
Who are the 'influencers' in society? (They used to be parents, teachers, peers... now it seems to be YouTubers, like PewDiePie. But an intentionally underplayed contingent of influencers is the predominantly Left-Leaning academia, who collectively promote Marxist preferences and political activism toward Socialist positions. Academia is pushing social construction because it provides an intellectual framework that denies the old (social injustice), and says ok to their preferred ideology, Cultural Marxism (new social "just us"; socially constructed ideas can be anything you want, their cogency depends on efficacy of publication).
Micro-Social Constructs are most cogent (due to conformity being human nature), discussed in part 2.
Bottom Line (part 1)
If you like freedom, and are serious about it, you must distance yourself from society, because it tries to reconstruct you according to the norm... conform!
Before you go, think about what is a hermit?, which should not be confused with Hermetic, name derived from Greek god Hermes. 7 Great Hermetic Principles – The Teachings of Thoth (illustrated)... same topic 2016
Investigation of (Dis-)Favor 2\3, Micro-Societies
Social Circles; Mates, Kin, Friends
note on Mates: school-, (prison) in-, marriage-, ship-, etc. note on my link choices, page rank has a strong influence
Social group (aka circle)
Is Conformity Human Nature? Don't blow this list off, if you want to understand social constructs. At least look at first item.
What is Social Proof?
Are Micro-societies any less 'constructing' than Macros? Or do some constructs exist for all realms, macro and micro? I think they are more constructing, because micros carry feedback, whereas macro is all absorption, individuals have negligible effects on society at large. They act in a statistical sense, with a few exceptions.
Concept vs Percept (concepts are stable mental recordings, and physical manifestations of them; percepts are changing sensations and reflexes which depend strongly on the situation, memories of which are variable too)
Favor, Good, and Beauty are words that belong in the same 'conceptual basket' (ward), they are alike, all refer to action 'like', as an affective (and affirmative) perception. Conversely for the word's opposites.
Perceptions are non-language reactions to stimuli, therefore not social constructs. They may be evoked into a social arena via language (or other virtual records), but these are only shadows of the perception, so what is evoked is drawn up from the receiver's own memories of perceptions.
Division of Labor (and role models) are Social Constructs
Sex is the most basic divider of labor, for all societies, especially the most primitive. As societies develop towards more technical, sex falls away from the divider, as natural talent and innate interest gain influence, until the basic operations of reproduction remain, the core division. What about rankings in the division?
natural tendency for dominance?
Are males naturally dominant in nature? | qra
(arguments opposing) Male Dominance (theory) with (bogus) "Explanations", by 2 feminist authors using Marxist ideology 2017 | verso While this blog seems to have obvious (to me) flaws, it does raise interesting ideas and references.
what attributes help males gain social status? Basic: status is competitive. It takes talent and effort to win.
To Raise Male Status (18 Rules) | @rctvmn (not because age 18 is best)
Dominance vs Prestige 2010 | psytdy Note: blatant bias toward Prestige via argument parsing Pride. (author is Jewish, maligns DJ Trump (nationalist), lauds John Lennon (globalist))
modes of thought: socially-controlled vs spontaneous
Major Component of Social-Construction: Public Education 3 Modes of Thought Jan.2019
Kaufman again: How Renaissance People Think 2011 | psytdy Note: We discussed concept vs percept, here Kaufman refers to fellow-Jew Seymour Epstein's dual modish rational vs experiential theory, same idea set.
polymath (short for Renaissance Man)
Favor-Goodness-Beauty paradigm
Favor is not favored in prior art, Truth takes Favor's place in the Transcendental Spectrum: Transcendentals 5pg.pdf
We have already seen the idea in part 1 that Truth is a disputed transcendental in the social-constructionism academic universe. Academics use the "universal fallacy" that their favored item is part of an incompatible pair, which by logic excludes everything not in their favor. They want to ignore the nuances in order to push an ideology toward a supremacy of thinking, just like in a totalitarian state.
Whereas the (myusername) principle of Truth, it has a dual nature, 1 relative to a society (democratic consensus); and 2 absolute to reality (math/science/technology). So 'Favor' is a better term because objective proof (no contest) is not required (except the meaning of objective that says 'objection!', meaning 'contest'). 'Favor' implies bias which is the subjective reaction that matches Goodness and Beauty better than 'Truth'.
Apply Truth-Goodness-Beauty paradigm to social construction
it is unconcerned with ontological issues...
because the aim of constructionists is to justify a collective "truth" of their own construction. A social construct is not absolute, it's anything a society wants it to be ("social proof"). That's a good description of tyranny... The Empowered Female Parasite 2014 (that's a surprising result, here is one not-surprising.)
Social Proof: established by culture media (mind control, a monopoly 2012 (scroll down long graphic), of the Juice 2015), go back to part 1, macrosocial constructs.
Does Appreciation of Beauty have any innate sources? (otherwise it's all a social construct) Neuroscience of Beauty; How does the brain appreciate art? 2011 | sciam (in brain)
Onward (Dis)-Favor Readers...
Investigation of (Dis-)Favor 3\3, House of Not-Friends
Contracting the Social Construct Disorder Take 2
Living outside the 'Normitory" (away from Dreamland (everybody's asleep), to where Nessun Dorma (nobody sleeps))
It so happens that an ethnic group which originated in eastern Mediterranean Middle-East evolved to specialize in intelligence, commerce, morally corrupt enterprises, and crime. Essential to their success was eugenic traditions that applied artificial selection to just those same specialties, which makes this ethnic group a formidable enemy. They have developed a very strong sense of in-groupness, and a vested interest in social construct studies. A unified collective is a more effective competitor than an inchoate population of diverse individuals.
This group has as ethnic traits: global dispersion (aka Diaspora), preference for urban environments (aka Cosmopolitan, or Globalist), covert inter-group rivalry (aka InfoWar), and deception (aka MOSSAD). This cosmopolitan group must operate covertly and deceptively, because those are effective tactics, and they are a small minority (2% of USA), therefore weak in the democratic sense.
Immoral Social Constructs enforced by 5th column subversives
wethefifth (political audio series)
serendipity: freethink
Another construct search, without gender reference
Is morality a social construct? If so, how can concepts such as 'good' exist? (note especially the links in top comment, to reddit posts)
"Good" can be understood as a variation of "Favor" as a direct experience (perception) of "like", rather than some idealized notion of an obvious social construct such as "greater good" (a theoretical derivation by interventionist actors-with-agendas trying to impose their own preferences upon others, IOW ideology hegemony pushers, for instance viz da wiz)
Cultural hegemony is the Chosen's mitzvah, that we all must go to Emerald City, land of Oz, where YHWH (impostor) rules.
Cultural hegemony
Concepts of Ideology, Hegemony, and Organic Intellectuals in Gramsci’s Marxism 1982
There is no universal morality. Morality is much like Beauty, in the mind of beholder (actor who holds to a specific moral code). Morality is a social construct, and varies between societies. (I think a fair definition of morality is a code of ethics which is community-specific.) For a society to sustain, it needs to be isolate from conflicting societies. If different societies, with different moralities must coexist, the natural tendency for actors in the same niche toward dominance will destroy or remake the subordinate societies, which reduces the conflicts.
Status Hierarchies: Do We Need Them? blog 2012 | psytd
a need for 'virtue signaling'? It's natural, and likely unavoidable, evidence pride displays.
Status Assignments: by birth (heredity) or merit (talent)?
Let's assume your morality values social effectiveness. The best path to that is to have talented persons dominant (meritocracy). Next we happen to know that talent is hereditary, but not perfectly so. Therefore birth (kinship, aka kingship) is only an indicator of talent, which is infrequent among low status groups, much higher among high status kinship groups. Thus we must conclude that awarding status by pedigree and family privilege is not the best way to effectiveness, but it often does work. What works best then, must be? a competitive system of merit-proving, with special attention to high-status families. (Helps if the natural tendency for snobbish repression is circumvented, for examples Han-style Civil Service Exams, and the Roman military promotion avenue, which occasionally led to top gun.)
Sustainable Competitive Advantages (aka moats): Network Effects 2019 | sEknα
Our Brain's Negative Bias 2003 | psytdA
Fear: it's the greatest (motivator) 2009 Owen Benjamin made a video about Fear over TIME 16 min.
Dominance Hierarchy employs FEAR to dominate
Dominance hierarchy | wkpd Social dominance theory | wkpd
scaring children is not ok, Sydney Watson blog 11 min
tools for social mobility and dominance (list)
9 Important Factors That Influence Social Mobility Social dominance orientation | wkpd SDO should theoretically be highly important to Jews, as their ethos tends strongly to emulate it among themselves and denigrate it towards outgroups (Goyim). Thus we should expect to see this field of study monopolized by Jewish scholars. Studying the Gentile: Fanciful Pseudoscience in the Service of Pathologizing the Covington Boys | OO
Contracting the Social Construct Disorder Take 3
Different day from Take 2. Re-consider interactions with a community or society: traditionally occurred locally, on Sunday meetings at church, parties, having a beer after work, town hall or children's group meetings, (eg. PTA, scouts) etc.
Re-consider "contracting". Original idea was meant to acquire, like a disease, not by design (choice), but determined by contingency (unlucky chance). Today, "contracting" means getting smaller, shrinking, like a cooling branding iron, or melting ice. Iron has several crystalline phases, the cooler, the more compact (more atomic order). Ice is contrary to most materials, as its crystalline structure is larger than its liquid phase, so as it melts (entropy always increases, going to less ordered) its atoms become more fluid. In both cases, the natural mode of change is toward ambient temperature. This trend (recursion to the mean) is maybe the most unbroken law of all physics.
Re-considering "Disorder"; original idea was meant as a mental disease, like ADHD (Attention Deficit Hyperactive Disorder), IOW anomalous condition, out-of-order, (order being assumed normal) in the human behavior dimension. Today it means individuals out-of-line, like discontinuities in a crystal. (Discontinuities are what make metal harder.)
When all the atoms of a metal are aligned (continuous), the state is called "annealed". This is the softest condition. When the metal has been "work hardened" by hammering, or forging, it acquires discontinuities (crystalline order becomes mucked up). This is a harder state. Hardness is measured by forcing a small ball into a test material and measuring the resulting depression (dent). Discontinuities resist dents and every other kind of deforming force (decreased plasticity (weakness) means increased elasticity and maximum yield (resilience, see Young's Modulus, Indentation hardness, Impact Toughness and Moh's Hardness)).
Now make analogy of metal with society. Non-conformist individuals (like followers of Marginotions) make society (if he-he-heeded) more resistant to outside forces (like George Soros, or seekers of Tikkun Olam) trying to make a dent in the established order (tradition, Protestant Ethic).
Contracting the Social Construct Disorder Take 4
Different day Re-consider "contracting" again. Today, it means make-a-deal, as in commercial contract. This kind of contract is in flux nowadays, as the advent of bitcoin has introduced a mathematical means of authorizing legal agreements (aka contracts) in a distributed ledger that makes such agreements social in a very direct sense. The social part of "social construct" is present in a world wide network of participating computer operators, while the construct part is present in a software package (app) that is now called "smart", meaning has built-in security and ongoing timely operations, like confirmation checking. In this contract-paradigm, the "disorder" part is due to it being outside of previous power-holding elites who are chagrined by the prospect of losing some of their powers to the Internetwork, which is out of their control. IOW disorder for elites, and made-to-order for independents. (note on that quote)
Social Contract per britannica (briefly) per wkpd
explicit vs implicit contracts Differences Between Implicit & Explicit Agreements (law) 2017 more specific, social contracts Social Contract Theory UT (includes videos, glossary)
to be continued: fairness is a social construct (contrast with deterministic fate)
study notes (all 3 parts, this series)
Gentrification, Displacement and the Role of Public Investment: A Literature Review 2015 pdf
https://duckduckgo.com/?q=Owen+Benjamin+made+video+about+Fear&atb=v81-4__&ia=videos
why is 'social construct' a popular theme?
https://www.success.com/8-daily-habits-to-build-your-mental-strength/
Pareto principle implications for marital harmony, a very brief summary of research by J Cacioppo)
https://en.wikipedia.org/wiki/Jewish_culture
https://en.wikipedia.org/wiki/Race_and_society
https://thejewishwars.blogspot.com/2019/03/aipac-traitor-jews-having-successfully.html
https://theevilofzionismexposedbyjews.weebly.com/14-what-zionist-and-anti-zionist-jews-have-said-about-education.html
submitted by acloudrift to AlternativeHypothesis [link] [comments]

How Twitter helps cryptocurrency trading

The social network Twitter has long been considered a key place for discussion of cryptocurrency topics both among experts and among ordinary cryptocurrency market players. Moreover, based on the mood of messages on Twitter, you can build a trading strategy that allows you to effectively earn on cryptocurrencies.
So, two companies – the eToro trading platform and the TIE analytic company – linked trading with Twitter analytics, resulting in the powerful TheTIE-LongOnly CopyPortfolio tool. How the new tool works, what role Twitter plays for the cryptocurrency industry, and what other ways traders have an analysis of the cryptocurrency community’s moods, we understand in detail the material.


A cryptocurrency portfolio that depends on tweets

Those who manage the cryptocurrency portfolio have the opportunity to put into practice what many had previously suspected: Twitter has become not only a storehouse of information and analytics for the crypto community, but also a pulse that cannot but correlate with what is happening with cryptocurrency prices.
EToro and TIE have launched TheTIE-LongOnly CopyPortfolio cryptocurrency portfolio for all types of investors. This tool is managed by eToro and is based on Twitter posts. This is especially interesting because, as stated in eToro, “unlike traditional assets, cryptocurrencies do not have fundamental factors – they do not have a stream of income, dividends or an indicator of debt burden.”
The minimum threshold for using heTIE-LongOnly CopyPortfolio is an investment of $ 2,000. At the moment, the initial assets in the portfolio include the following assets:


The fact that almost half of the portfolio is occupied by DASH suggests that the maximum high volume of positive tweets was observed on this altcoin in early October. At the same time, the composition of the portfolio is reviewed monthly, automatically and without human intervention, and eight more cryptocurrencies can be included in the portfolio – Bitcoin, Ethereum, Litecoin, Bitcoin Cash, NEO, Stellar, Zcash and Cardano (ADA).
The main criterion for the revision is the dynamics of sentiments on Twitter: if it shows an increase in positive moods on one of the coins, then it is included in the portfolio, and the other cryptocurrency, losing optimism on Twitter, may disappear altogether. The share of a digital asset is also determined solely on the basis of sentiments expressed in cryptocurrency tweets.

Twitter post analysis technique

Obviously, when analyzing the information flow on Twitter, messages must be carefully filtered using Artificial Intelligence (AI) and word processing using Natural Language Processing and messages from various scammers and bots. There are also about 80 popular words in the cryptosphere that are actively used, but have several interpretations. So, for example, the name of the DASH altcoin is similar to the pronunciation of the special Dash browser API.
As a result, companies have developed 30 different metrics that measure a particular tweet. TIE co-founder Joshua Frank noted that if there are a lot of tweets from Twitter accounts in a certain period of time, in which messages usually rarely appear, then we can talk about a custom campaign to promote some kind of cryptocurrency, and such tweets are not included in the analysis .
Of the more than 850 million tweets published daily, about 50,000 posts are about cryptocurrencies, which are grouped by certain types of digital assets. It should be borne in mind that half of them are messages about bitcoin. At the same time, TheTIE-LongOnly CopyPortfolio filters out more than 90% of tweets, which are an obsessive promotion of any cryptocurrencies, or scam projects, as well as message bots.
There is also a certain pattern in the crypto community, according to which the adherents of a certain asset often write (and almost always positively) about their token. Accordingly, for the analysis of moods, it is not the volume of such tweets in relation to the total number of messages about other digital assets that is used, but the change in moods relative to some cryptocurrency in dynamics over the past seven days.
The analysis method was developed for seven years by Social Market Analytics (SMA), a co-owner of TIE. The corporation has compiled a dictionary with 100,000 linguistic units, and based on the analysis of the content of tweets that were passed through the cull filter, Twitter messages are rated based on the Raw Sentiment Score system.
This process takes place almost in real time: only 300 milliseconds pass between the time a tweet is posted on a social network and the end of its analysis.

New tool shows excellent results

This tool has already been tested by TIE for a limited number of private clients, as well as hedge funds, but now thanks to eToro it has become available to the general public. Testing of the algorithm began in October 2017 and showed that for every dollar invested, the investor received a net income (i.e. minus commissions) of 213.7%. The return on invested funds in bitcoin over the same time turned out to be noticeably more modest – 41.1%.
At the same time, retrospective dynamics, for example, for the current year, shows that such a portfolio in January “lost weight” by 17%, and in February, on the contrary, rose sharply to 410%, once again showing that cryptocurrency trading remains a highly risky type of trading operations, especially at short time distances. It is no coincidence that eToro and TIE emphasize that they have a portfolio that focuses on a long-term strategy for working in the cryptocurrency market.

Research on the correlation of Twitter sentiment and cryptocurrency market

Of course, studying the dynamics of moods on Twitter can be built not only on the SMA technique. Research data can also be found on other sites, for example, on the sites Cryptoswarmanalytics.com and Bitinfocharts.com. However, the fact that crypto traders should study the mood changes on Twitter, indicates a number of studies.
So, scientists at Stanford University, Stuart Colianni, Stephanie Rosales and Michael Signorotti decided to test the hypothesis that tweets can correlate not only with changes in stock market indices, but also with a decrease or decrease in the price of bitcoin. It turned out that the accuracy of predicting the dynamics of the price of bitcoin by the clock in this case is 59%.
A group of scientists from a number of scientific schools in the United States also thought about the impact of social media on changing the price of bitcoin. As a result of the study, they came to the conclusion that social media is an important indicator of bitcoin profitability in the future. Meanwhile, experts from Sweden, Linus Roxberg and Simon Shadman, pay attention to the fact that when analyzing the moods on social networks, it should be borne in mind that most of the cryptocurrency trading takes place in Asian countries, which means that it is worth giving more weight to social media messages. this region.
At the same time, a study conducted by another Swedish scientist, Evita Stenquist and Jacob Lenne, rightly indicates that one of the key factors in the accuracy of predictive patterns in the behavior of bitcoin prices is an analysis of the relevance of tweets that fall into the forecast. At the same time, their test model showed high accuracy in predicting the behavior of the price of bitcoin depending on the mood of messages on Twitter – 83% of the forecasts were correct. And across the cryptocurrency market, the test model worked with a slightly lower probability of a successful forecast – 79%.
All this suggests that difficulties in building accurate predictive models arise even when analyzing the oldest cryptocurrency – bitcoin, and when you turn on various other cryptocurrencies, they can increase. In addition, along with an increase in the flow of funds from institutional investors, the correlation of tweets and the dynamics of the cryptocurrency market may weaken.
But for now, one can agree with what eToro experts say:
“People’s moods are the most important driver for cryptocurrency price movements.”
Meanwhile, there is a nuance in using the assessment of such sentiments on Twitter: despite the system of rejecting irrelevant tweets, the head of marketing at Rice University Utpal Dolakia fears that Twitter messages can be used quite easily by traders to “raise prices” of cryptocurrencies.

Google Trends and Bitcoin

We cannot but pay attention to the indicators of the frequency of requests for a particular cryptocurrency in Google. For example, the lack of bitcoin in the new eToro and TIE product looks logical, given the fact that recently Google Trends shows a low level of requests for the word “bitcoin”. However, here traders need to consider two nuances:
  1. First of all, you need to remember that the cost of altcoins is moving significantly in the same direction as the price of bitcoin, which means that even if you do not include the first cryptocurrency in the cryptocurrency portfolio, you still need to make a forecast of its value.
  2. Secondly, the dynamics of Google Trends shows that while on June 26, for the first time in a year and a half, the price of bitcoin reached $ 13,000, this day turned out to be the most record one in terms of the number of requests to Google for the word “bitcoin”. However, an increase in the number of such requests could be observed as early as June 8.

Index of fear and greed

In addition to the presented portfolio with built-in tweet analysis tools, as well as Google Trends, in your investment strategies you can focus on the cryptocurrency indicator of the fear / greed index (Crypto Fear & Greed Index). When this index shows a high level of “fear”, this means that there is an opportunity to enter the cryptocurrency market. If “greed” dominates, then the market is likely to go down. Of course, this is a common tool for an investor, without advice for buying or selling a particular cryptocurrency. But given that with the growth of the cryptocurrency market, the cost of bitcoin also goes up, this indicator can be used as one of the tools for building an investment strategy based on the oldest cryptocurrency.
It is curious that the “fear / greed” indicator relies only on moods on social media for 15%, as it also has other interesting components, namely:

Significance of the Bitcointalk and Reddit Platforms

It is worth noting that, in addition to Twitter, there are other social platforms where there is an active discussion of cryptocurrency topics, in particular, Bitcointalk and Reddit. Despite being inferior to Twitter in influencing the mood of the crypto community, the correlation of messages on these platforms would also be worth analyzing. Attempts to do this have already been made by Augmento experts, who noted that FOMO (fear of missed opportunities) is most pronounced on Twitter and the Bitcointalk forum, but to a lesser extent on the Reddit website. Moreover, the rise in the cost of bitcoin in the first half of this year, analysts associated with an unusually large manifestation of FOMO on Bitcointalk.

The main conclusion from the discussion of cryptocurrencies

The study of what they wrote in social media and in the media, including classic ones, about cryptocurrencies was devoted to a large-scale study conducted by Comparitech and covering the period from January 2017 to July 2019. The main conclusion that can be drawn from this analysis is that at all sites where they talk about cryptocurrencies, most of the messages and articles carry a positive tone.
And this allows us to make the following important conclusion: a consensus has already been formed in the world that cryptocurrencies are a phenomenon that will develop and become one of the main factors shaping the future of mankind. This means that in the long run, those associated with this market are doomed to success.
submitted by btcxlab to algotrading [link] [comments]

A proposal for a decentralized social network layer capable of storing rich media

Hello folks!
I have been thinking about the idea of decentralised social network for quite some time, and recently the ideas formed what I think is a rather compete picture. In light of recent Yours announcements I think it's a proper time to share these ideas with a community.
It turned into a long post, and there is no guarantee these idea have a contact with reality, so forgive me if I stole a few minutes of your time.
Protools and standards that will help to understand the proposal (besides blockchain): Memo - blockchain-based base social network protocol, WebRTC transport protocol, WebTorrent JavaScript BitTorrent protocol implementation, BidDB - blockchain crawler by u/unwriter, Progressive Web Apps –– cross platform mobile and desktop apps installable without gatekeepers.
Overall, I prefer WebTorrent in my proposal instead of IPFS as BitTorrent protocol is proved to be robust for almost two decades, while IPFS at this moment is very young and overhyped.
What I propose is a layer that can exist on top of any Memo-like protocol, where Memo forms a base social network state, and the media layer extends its capabilities so that it's possible to store rich media files without any centralised hostings.
Here are the hypothesis/axioms I use as a basement for such a media layer
The proposed idea is based on a play of three actors, or a triangle of 'Original Posters' 'Moderators' and 'Viewers'. Below is detailed explanation of each role, and there are some sub-roles that will be discussed alongside.
Original Poster is anyone connected to the internet who is willing to share any kind of content with the world with only modern browser and a content itself in possession.
Moderator is anyone in the connected world who is willing to be engaged into a socially important role with only a desktop computer with decent amount of free disk space in possession. There is no need to ask a permission to become a moderator.
Viewer is anyone willing to enjoy the media without the need to be engaged with existing social media platforms.
Base technologies:
  1. A webtorrent enabled website with a support of basic bch wallet functionaloty.
  2. A webtorrent enabled website with a feed of op_return messages. Note: 1 and 2 can be implemented as a single platform. (e.g. instant.io x datacash x chainfeed)
  3. A webrtc enabled cross platform desktop torrent client hybridised with a bitdb instance
  4. A webtorrent enabled torrent tracker(s)
The flow:
The Original Poster uses a web browser to create a torrent of the attached media. OP registers the torrent on a tracker, puts infohash alongside a tracker url and desired hashtags into op_return and publishes the memo formatted transaction to bitcoin network. The progress bar shows the status of the 'pseudo' upload that's familiar to most non-tech savvy people. During that phase the content is in network’s ‘working-memory’.
The Moderator uses software to parse the op_return feed. The software continuously downloads all the media from initial seeders and presents it to moderator one by one. It does not open itself as a seeder until moderator decided whether this is a kind of content worth bothering. It's completely subjective decision and every moderator can follow personal strategy. It can be imagined as clicking the green and red buttons where the red one is clicked if the content is subjectively a complete garbage. Once the green button is clicked, moderator becomes a seeder of the content. Moderator can also 'reply' to OPs message with hashtags: every hashtag that corresponds to one of initial hashtags gives it additional weight. Every omitted hashtag loses weight. Some new hashtags can as well be introduced by a moderator. The deeper the history of moderator’s categorization activity, the more weight categorization transaction gives to hashtags (but this is a higher level concept and can vary from implementation to implementation). Moderator creates an internal queue of stored media and deletes the oldest content as soon as the storage threshold is hit (but some other policy can be implemented if moderator decides so). Described above is a level00 moderator who decided to judge the very unclassified content that's received directly from initial seeders.
If the collective speed of content approval is lower than speed of new content introduction, OPs is notified that it maybe necessary to wait for a prolonged time for content to be uploaded, or the fee can be included towards a 'super-moderator' address, so moderators who operate under a single swarm will priorities that content. That address can be a mulitisig where each moderator is a part of a joint account. Once in a while they unlock funds and distribute them in accordance to each moderator's contribution based on the number of 'categorisation transactions' – replies with hashtags, and there can be additional rules that prevent cheating such as only one categorisation transaction to each OP post is taken into account, or rules with some degree of centralisation that encourage seeding, such as the more the moderator seeds the more he earns from these fees if the swarm operates under a single tracker). Alternatively, payouts can be implemented as simple and centralised as existing mining pools.
There are Moderator sub-roles, such as a moderator can choose to only parse the content that was categorised to some degree (e.g. only nsfw content, or only non-nsfw content). The deeper the categorisation, the more precise is the kind of content that's fetched by a moderator, to a degree where moderator can actually enjoy the process a lot as he approves the kind of content he is the most interested in, akin to browsing chronologically filtered subreddit feed. Moderator can also choose to parse several 'categories' simply by 'subscribing' to several hashtags or hashtag tuples. The subroles can be named like moderator level01, level10, level11 etc. By replying to lower level moderator's categorisation transactions, higher-level moderators gives or removes hashtags weight.
The Viewer is presented with a feed of op_return media posts (similar to chainfeed.org), and the content is fetched on the fly from the webtorrent network. The moment the content is fetched the viewer becomes a seeder and continues seeding for as long as content is cached inside browser's storage. That way, the more moderators have approved the content, and the more followers the OP has, the longer the content will persist in a network's 'short-term’ memory.
The Viewer role has sub-roles as well. As soon as the user is engaged into that kind of social network, he can become a Loyal User by installing a special software on a desktop computer that is very similar to Moderators's software, but differs in a following way: viewer inputs Memo account identifier (which is a bitcoin address) into the software that only fetches and seeds the content that was liked by a user, completely in background. As the whole network state is a public information, each user can increase the level of loyalty by specifying the maximum 'dimension' of the content being fetched and seeded, where 1D is the content liked by initial viewer, 2D is the content liked by initial viewer and accounts followed by initial viewer and so on, up until around 6D, where mostly anything that was liked is stored within individual's storage threshold. Loyal Viewers can adopt different policies to restrict the content being fetched and seeded by blacklisting or prioritising certain hashtags, adopting some third-party priority/black lists, as well as specifying storage threshold. Contented that is stored by Loyal Users can be imagined as persisted in networks ‘long-term’ memory. The more Loyal Users are engaged in a network, and the more likes certain content has, the longer it will be stored.
It's worth noting that centralised torrent trackers are not points of failure per se as they are mostly used to pass the content from initial [browser] seeders to moderators. As soon as the content is approved by at least one moderator it can be listed on different trackers operated by different entities, and there can be a rotation of trackers if necessary. That said, each moderator can always re-register all of the content in possession on a new tracker, and the tracker can be adopted by web op_return feed providers. Moreover, the ongoing evolution of browser standards related to web-workers will make in-browser dht lookup a reality in a 2-3 years, which is likely a reasonable window to bootstrap such a network. OP can use some trackers only known among neighbours in particular area.
The layer is vulnerable to a situation where trackers blacklist certain content, and such content can be accessed by using a different op_return feed provider with different trackers, or a native app that will be able to fetch content seeders from the dht. Networks such as i2p can be used to create deep media layers operated anonymously. Also, as Tor is adopted by mainstream browsers (e.g. Brave) Viewers can access trackers through Tor, and such trackers are more resilient. These viewers will be unable to seed, however.
The layer is capable of storing any kind of content, but during bootstrap phase it will be most suitable for images, short video/audio messages, markdown formatted blogposts with embedded media. Each Moderator / Loyal Viewer can adopt different policies related to the size of the content being fetched and stored according to investments into storage facilities. If the proposed idea works, there will be parties willing to store some heavyweight content such as movies. If the layer is accessed from within a native app, it's even capable of livestreams, where the more users are watching a stream the more bandwidth there is for others to join, completely without any centralised content distribution networks.
As outlined above, the layer consist of short-term memory layer capable of storing content for minutes-days, and long-term memory layer capable of storing content for months and probably years. I use biological metaphors here instead of computer science ones as in my opinion the behaviour of this media layer resembles human memory more than computer memory, as ultimately it's a collective human brain decides what to remember and for how long. There is no guarantee that something will be stored at all, and at the same time some kind of content that's collectively perceived as valuable can be stored for a prolonged period of time.
Few words in regard to monetisation. Some heavily engaged players can choose to archive old content and provide access in trade for some micropayments. I see like the Joystream protocol can be used here with little changes such as adoption of webrtc transport protocol. Some different monetisation strategies can be discussed later as microtransaction technologies are more mature and well understood.
I am willing to form a workgroup of developers and creative enthusiasts who find the described idea interesting. I have been thinking about a possible starting point, so I have acquired the BlockPress source code with intention to distribute it in open source. We postponed the announcement a bit as the process of open-source release always takes time. BlockPress is an alternative Memo protocol implementation with a rather slick UI that's familiar to non tech savvy users - the quality I find extremely important. I think this can be a good starting point. If you think so as well, feel free to drop me a telegram message @taowanzou or [proton mail](mailto:[email protected]). Follow me on memo as well!
Sorry for any possible mistakes as English is not my primary language. And thanks for you time reading this!
submitted by taowanzou to btc [link] [comments]

Vechain & High Fidelity? CCK Riddle Related

First of all, let me say that this is speculation pur sang. If you don't want to read upon speculation I advice you skip this post :).
I think this one makes sense though..
 
So recently CCK put out a tweet and in part of the message he said:
"The screens of dynamic content, moving as you see fit. We all jump into alternate realities for entertainment, young and old, all know how to do a barrel roll in order to praise the light".
To me this is a clear reference to virtual reality. I think others have interpreted it the same way or think it's gaming related.
 
Upon visiting Jim Breyer his portfolio (https://breyercapital.com/portfolio/) I noticed that under "crypto" there is the addition of High Fidelity. I could not remember that company being in that particular section so I did a quick wayback machine search and indeed it seems he recently added it.
 
Jim Breyer is pretty heavily invested into High Fidelity and goes back with the CEO Philip Rosedale many years dating back to 1995 as it says. So it's pretty straightforward Jim Breyer could easily get High Fidelity to connect to Vechain.
 
I investigated a bit further though. They almost seem like a perfect blockchain fit and even on the business side it makes incredible sense.
 
It's important to know that High Fidelity has made their own public blockchain because they required specific things that for instance ethereum of bitcoin could not provide them. My hypothesis is however that they will drop their own blockchain in favor of Vechain.
 
In fact it would be a very smart move imo, also the CEO has stated they would be willing to drop their own blockchain in favour of another and indicated their current blockchain may be temporary. See here and here for instance:
"People won’t spend a currency that is rising in value so fast, and that would impede commerce in the virtual world. If a stable currency comes online with low fees in the future, then Rosedale said the company would consider shifting to it.
"Q: I have been seen some posts about linking HFC to an ERC20 token, which could enable smart contracts. How is that expected to work? A: Where it is useful, we will build bridges between our HFC blockchain and other blockchains. Probably the most obvious example would be bridges to the Ethereum blockchain, so that people could choose to move currency or asset information there for trade. We are also excited about other upcoming blockchains, such as EOS, that may offer the high transaction rates and low fees that caused us to ‘roll our own’ with HFC for now."
Note how he says "for now", so that basically means that a continuation of their own blockchain is not a guarantee.
 
Let's look at which specific things they require in a blockchain though, based on the own words of High Fidelity/Philip Rosedale (CEO).
https://blog.highfidelity.com/roadmap-currency-and-content-protection-8b4de8acd1f3
"This currency will be a public blockchain with a consensus group made up of multiple parties, and ultimately independent of High Fidelity’s control."
Public blockchain anyone? Authority nodes anyone?
"For virtual world transactions — where we want to store not just currency but also certificates for digital assets that may frequently change hands or status as well as other information such as identity — we need a very high transaction rate and very low (or zero) transaction fees. For this reason, we can’t directly use the big public blockchains (Ethereum or Bitcoin), because the full decentralization of these networks imposes limits on how quickly they can process transactions and requires significant fees per transaction."
Low transaction fees and high transaction rates anyone? Governance model of Vechain anyone?
"Buyers and sellers of digital goods want a currency that remains fairly stable so that they don’t have to constantly change prices, and potential buyers aren’t tempted to hoard the currency instead of spending it on useful things. But this hasn’t been the case at all with existing public cryptocurrencies and has been highlighted most recently with the numerous ‘ICOs’, which have seen wild price fluctuations as investors speculate as to the future value of a scarce set of coins or tokens. The dream of a global digital currency that can be used for everyday transactions has been hampered by the speculative excitement around their rapid increase in value."
Vethor anyone?
"With virtual worlds likely to become as useful as the real world for a wide range of activities, the rules around intellectual property for digital goods are going to be as important as they are in different countries today. Content creators will not engage in building the virtual worlds we all want if they cannot adequately protect and profit from their work."
Digital intellectual property... Hmmmm isn't Vechain doing this already with iTaotaoke ;)?
"Because buyers and sellers are very often not in the same country, and there aren’t any existing systems that work well across a lot of different countries. Also, many of these systems don’t have API’s that would easily allow them to be used from within a virtual world, and/or are not designed to support digital goods. As described above, our strategy for content protection also requires a public ledger for virtual asset certificates, which we would have to build alongside such systems."
Digital goods... We know that Vechain is making already a digital goods DEX as shown in their national government partnership PDF...
 
See? They almost seem like a perfect fit. Hell they have even recently started a new VR blockchain alliance with another company: https://www.hypergridbusiness.com/2018/03/high-fidelity-launches-new-vr-blockchain-alliance/
"High Fidelity and JanusVR will be able to recognize each other’s avatar identities, he said."
So imagine JanusVR also joining the Vechain public blockchain and being connected together etc. Let your imagination run free ;).
 
The current blockchain of High Fidelity is btw based on the Elements codebase from Blockstream. I'm fairly sure that it's highly inferior to Vechain blockchain. Also think about it from a business point of view and capability point of view. It almost seems logical and straightforward to go with Vechain.
 
Even if my above hypothese doesn't hold truth, I'm pretty sure that a strong pitch to the CEO of High Fidelity would have a high probability of them dropping their own blockchain and going with Vechain =p.
submitted by swoopingmax to Vechain [link] [comments]

08-09 05:43 - 'Now that bitcoin is past $10,000 again will bitcoin keep on rising until its at $20,000 by the end of 2019?' (self.Bitcoin) by /u/lisamartinez_ removed from /r/Bitcoin within 66-76min

'''
As many experts pointed out, BTC going above the key psychological $10,000 mark is likely to trigger FOMO (i.e., fear of missing out), according to Fundstrat’s Tom Lee, who adds that bitcoin can now easily take out its all-time highs.
Other market analysts, such as Tone Vays, however, disagree. He told Cointelegraph:
“I actually don’t think it’s important at all. The $10,000 benchmark did nothing to slow down price back in 2017. And it looks like it did nothing to slow down the prices here in 2019.”
Institutions, not retail, in the driver’s seat
Bitcoin broke through into the mainstream in late 2017. At the time, its historic surge to nearly $20,000 was driven mainly by retail investors. This time, however, the public is still largely on the sidelines, according to Google Trends.
In fact, the number of Google searches for “bitcoin” is only around 10% of what they were in 2017. In other words, retail investor FOMO has not even started yet, which may suggest that BTC price could go much higher than last time.
People dont realise that there are other options of making more on Bitcoin and other cryptocurrency. example , investing on platforms like Vertex Capital ([[link]2 ) where you get double of your invested cryptocurrency after 7days. With that, you cant lose on cryptocurrency. Thank me later.
On the other hand, institutional demand for bitcoin has soared. As of June 17, open interest at CME Group saw 5,311 contracts totalling 26,555 BTC, or approximately $246 million — dwarfing the volumes during the 2017 price peak.
“CME Bitcoin futures (BTC) shows growing signs of institutional interest,” CME Group tweeted June 18.
“BTC open interest rose by a record 643 contracts in a single day, establishing a new all-time high of 5,311 contracts on June 17 (26,555 equivalent bitcoin; ~$250M notional).”
Other indicators, such as the GBTC price premium as well as record volume for bitcoin derivatives exchange BitMEX (on a Saturday!), also suggests that “smart money” is pouring in.
Network fundamentals better than ever
As Cointelegraph reported on Friday, hash rate hit a new all-time high at over 65,000,000 TH/s. In other words, Bitcoin is more secure than ever and would require an unfathomable amount of computing power to affect the network.
Meanwhile, other fundamentals have also grown in lockstep with hash rate. Daily on-chain transaction volume, block size and other metrics are also confirming that more people than ever are using bitcoin.
Additionally, network transaction fees have remained relatively low compared to 2017, with optimizations like segwit and off-chain scaling solutions like the lightning network helping ease congestion.
Bitcoin reward halving still 9-10 months away
The latest rally to five figures is also happening way before the Bitcoin block reward halving set for May 2020. This is when mining block rewards will be cut from 12.5 to 6.25 BTC, thus reducing the bitcoins minted by miners who are naturally market sellers.
Interestingly, the previous halving event occurred in the summer of 2016 — or more than a year before the price skyrocketed.This time, however, BTC/USD appears to be front-running the event, as the halving is still 333 days away.
A popular bitcoin market analyst known as PlanB suggests that investors may not be waiting this time around for the expected reduction in supply. He added:
“Front running would be in line with Efficient Market Hypothesis: if you believe S2F and that BTC will be $50k May 2020, why wait?”
The bigger macroeconomic picture:
Of course, intraday BTC price moves are not as important for low time preference investors. These “hodlers” are confident that bitcoin — with its fixed supply — will outperform fiat currencies, whose supply is growing at an accelerating pace over the long term.
On June 18, European Central Bank head Mario Draghi hinted that a monetary stimulus is on the way if the economy doesn’t improve. This is an increasingly dovish tone that was applauded by the financial sector.
At the same time, Draghi was criticized by United States President Donald Trump, who said this would spark unfair European competition against the U.S., whose federal reserve is also suggesting it will hold off on raising interest rates.
Morgan Creek co-founder Anthony Pompliano tweeted that this will make bitcoin even more scarce as interest rates go lower and more fiat currency is created:
Therefore, the biggest macroeconomic picture looks bright for bitcoin investors who are dumping ever-depreciating fiat currencies for hard-capped “digital gold.”
What’s more, investors are starting to not only realize that bitcoin’s supply is fixed and transparent, but it’s also the world’s first neutral, open-access money that no authority can control.
In other words, what the internet did to information, bitcoin is starting to do to money.
Historic BTC market cycles, rising institutional interest alongside an increasingly robust network fundamentals, as well as the confirmed depreciating value of fiat currencies, could all propel bitcoin’s price orders of magnitude higher than in 2017.
'''
Now that bitcoin is past $10,000 again will bitcoin keep on rising until its at $20,000 by the end of 2019?
Go1dfish undelete link
unreddit undelete link
Author: lisamartinez_
1: th*verte*ca**tal.co*/ 2: theve*texcapi**l.***/]^^1
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Fall in love with the problem, not the solution.

Hey - Pat from StarterStory.com here with a writeup from Ahmad Iqbal.
Ahmad was one of the first people I interviewed at Starter Story for his bidet business. Now he's working on building Shopify apps and wrote this awesome post about his transition:
One of the best pieces of advice I was given was to Fall in love with the problem, not the solution. And it wasn’t until I came across a big problem that I realized how perfect this advice is.

My name is Ahmad Iqbal and I’m currently running two online businesses. I am both an Ecommerce Merchant as well as an Ecommerce App Developer.
The first of the two is my online store where I sell hand-held bidets. The later business, borne of the need to increase bidet sales, guided me to designing and developing apps for other merchants, like me.
In this post I want to illustrate how I made the leap from selling bidets online, to building an app design and development team. It’s strange for me to say it out loud, "how does one go from selling butt cleaning appliances to building and marketing apps?" So when Pat from Starter Story reached out to do a follow-up piece to my original post I was happy to try and put my experiences into words. Not just for others to read, but for myself in documenting my journey.
If the title hasn’t already given it away, this will be about my relationship with Problems.
I'm going to start at the middle (quiting my job) and then go to 2015 when this 'starter story' actually started, followed by the meat and potatos of the frameworks we use in our app development model.
My desk and kanban board

Quitting my Job & Making Money through Shopify Apps

From 2015 to 2017 I was working full-time at a global Big Four firm as a Senior Technology Consultant. My job was to help Fortune 1000 companies get their products to market faster. During my time growing my bidet store, I was starting to become more and more immersed in growth marketing. So much so, that I spun out a marketing framework I used for myself and called it the "Agile Marketing Framework" for the firm. Everything I was learning on my own time for growing my own business, was helping me be better for my big clients at my job. But even though doing well at work felt great, it was WAY more fun helping small businesses. In 2017 I had decided the world needs better small businesses, not bigger big businesses.
But in order to quit my job (my Nadeef bidet sales were taking a hit with my attention now diverted between my demanding full-time job, app design/development, and supporting Scout merchants) I needed to figure out if building apps on Shopify would be a viable business model. Was it even possible to earn a living selling apps full time?
It seemed like a tough proposition. I would need thousands of merchants paying at least $20/month to create a successful business. I didn’t think it would be possible, until I came across the Bold Commerce story. This four person team in Winnipeg, Manitoba, had almost the same story as us. Merchants first, identified gaps in the app store, and deciding to build apps on Shopify. Bold Commerce now employs almost 300 people, with no outside funding to date, and with their growth solely on the Shopify platform. This case study was enough to convince us to take the leap, I wanted us to be like Bold.
Having decided it was in fact possible to build positive cash flows through app subscriptions on Shopify, next thing we had to do was get our financing organized.
We decided to take three months to prepare and think about if this problem was something we wanted to dedicate the next several years of our lives to. This three month period was my time to save as much money as I could, and test my own conviction. This time was a constant decision making cycle, where I continually asked myself if the market was big enough, if the problem was widespread enough, and if I had the right pieces in place. It was an important lesson from my first startup attempt almost seven years earlier. In my first startup we picked the wrong market, at the wrong time, with no experience or resources, and the result was a four year uphill campaign that left us in pieces.
So before quitting my job, every dollar of income was saved, Bitcoins were cashed, plans to move out of my parent’s basement were halted, and I started creating a partner network across the ecommerce ecosystem.
We had enough to focus on building our apps for 36 months without worrying about money or raising venture capital. Today we’re on month 12 out of 36.

Let's Talk About the Failure First

Instead of jupming straight into Scout (the first app we built and the main subject of this post) let me first tell you about one of our apps that did not do well. Our "hand-written" notes app was attempted after the initial success of Scout, but it was a wake up call to stay focused on the problem, not the solution.
After quitting my job, and landing on the bigger problem of customer experience as our company mandate (more on this later), we decided to offer hand-written note services. We figured customers would love getting a handwritten note from merchants, so with little else research, or testing, we went ahead and started building out this crazy printer.
A video about how it worked
The app would connect to your Shopify backend, identify your VIP customers, and then convert that customer information into a special Adobe Illustrator script that would feed into the printer. The printer then would proceed to start writing the notes in a handwritten style font (both the letter copy and the addresses on the envelope).
We rolled this app out as an added skill to Scout. Basically, when Scout would alert you about the previous days’ VIP customers, it now offered an additional button labeled "Send Handwrote Card" which when pressed would instigate our printer. When the card was printed, I’d just have to put the postage stamp on it and drop it off at the post office which was across the street from our co-working space.
I believe this idea failed because I fell in love with the solution (cool looking robotic handwriting printer) rather than the problem it was designed to solve. I still believe there is value in this idea, but by overbuilding the solution first, we lost track of what was most important.
If I had to do it again I would have done a few things differently:
1. Manually write and fulfill the cards myself while doing the merchant discovery
Because there exists an intimate relationship between selling the service, and having to manually having to fulfill the service. It gives you more appreciation for the process and what’s important to do it successfully. Like with Scout, where I called my customers up manually through finding their details myself, and only after seeing how to do it well proceeded to systemize it with an app.
2. Personally talk to each merchant who wanted cards written
This would have been the best (only?) way to validate the value of the service. How important is this service for merchants? What else do they wish they could give as 'thank you's? What price would they be willing to pay on high volume handwritten cards? How much does it bother them that the cards are not personally written by the brand, and hence not authentic?
3. Write 0 lines of new code
Why divert precious development time and resources on something if A) it’s possible to do manually, and B) there is no guarantee that it’s a lucrative idea?
Thinking back, this idea was destined to fail for several reasons. Writing notes is very time consuming, there isn’t enough volume in the merchants who wanted to use it, the authenticity of the cards dies if customers figure out it’s not actually written by a person (even though it fooled almost anyone who looked at it). Even if we had done this the lean way and manually tested first, I still think we would have stopped offering the solution. But if I had just followed my four step Identify, Test, Build, Measure framework we would have saved the $4,000 we ended up spending designing and developing the software, and sourcing this printer and it’s parts. I would have found out in the Test section of the cycle that this is way too time consuming and merchants have too many questions about it to feel comfortable signing off on handwritten notes on high volume.
The handwritten note printer is now a piece of decoration at our office, but hey, at least it makes for a good conversation! And it taught me what I'm about to share with you today...

Identifying a Problem

Rewind back to 2015, a few months after opening my Nadeef hand-held bidet store on Shopify I found myself tackling the abandoned checkout problem, something every merchants probably faces. For every three potential customers that reached the final stage of checkout, one wasn’t pulling out their credit card. The way I saw it, I was leaking 33% of my sales in the final, most crucial, "moment of truth."
I was new to this field, I didn’t know the jargon or the best practices, all I knew was I needed to plug this hole. I went down a rabbit hole of recommendations, blog posts, forum threads, apps and YouTube videos. I tried many tactics, with varying degrees of "success" but later I realized I was asking myself the wrong question.
Instead of asking "How can I recovery these sales?" I should have been asking “Why are customer abandoning their checkout?”
At first I tried to extrapolate why they abandoned through the default go-to answers most blog posts claim are the reasons, like shipping timeframes, pricing, return policies, etc. But I knew these weren’t the real issues causing the abandoned cart because I would address them in my auto-recovery emails, exit-popups, Facebook retargeting campaigns, or all the other ways I would try to reduce abandons.
As simple as those recovery tactics may seem, I now know I was overthinking it. There was only one thing I could do to figure out why someone abandoned their checkout. Pick up the phone, and ask them one-on-one.
Before I go on, I should state that my recovery rate at this point was around 10%. And Shopify’s dashboard told me this was a good thing. I just didn’t think that was good at all. It meant that for every 10 people who reached the final stage of their checkout only one person actually returned to buy? Sure it's better than $0, but what about the other 90% who aren't returning? Surely we could do better than 1/10...
...and I wanted to talk to those nine people.
Calling my abandoned checkout customers changed everything. It changed my whole perspective about how to do business, and it continues to change it even now. At first, there was hesitation to call up a customer out of the blue, but the desire to figure out the problem far outweighed any "worst-case" awkward conversation. Not to mention, they weren’t cold leads, these were highly interested customer who reached the final steps of making a purchase. In my head I kept telling myself this was exactly as if someone walked into a store, grabbed some items, placed them on the checkout counter, but just as they were about to pull out their wallet, they turned around and walked out the door. Wouldn’t the store owner ask what’s up? So I just smiled and dialled.
The results were tremendous.
I went from recovering 10% of my abandoned checkouts from auto-emails, to recovering 55% when I got them on the phone. Not only that but by gathering feedback and identifying holes in my offering the percentage of abandons slowly decreased as well.
I’ve outlined my learnings from calling customers in this diagram

Creating a Solution

I saw my process was working, but now I needed to systemize it so I could maintain consistency in my callbacks. I quickly learned that the longer I waited to call the abandoned customer back the less likely I would be able to recover the sale. I really just needed an alert app, one that would push notify me as soon as someone abandoned, tell me what products they left, and their phone number. There was nothing in the app store that provided this function.
Don’t get me wrong, there were tonnes of cart recovery apps available. The top results, the "Top 10" lists, all relied on exit-popups, and auto-emails. I didn’t want an app to take an auto-action by auto-sending an email, or auto-sending a Facebook message. I wanted to be told, so I could take action on it personally. I needed this because I learned how important the one-on-one relationship with my own customer was.
So I called up one of my friends, who was also the developer on my first start-up, and one weekend later Scout was born. It was stupid simple. 20 minutes after an abandoned checkout, Scout would email me with the key details I needed. When I got this email all I had to do was tap the phone number in the email and my phone would automatically start dialling. It wasn’t an exciting or sexy process. It wasn’t even very hard. There was no user interface to design, there was no website to develop, it was just a hacked prototype with one simple, useful, function. If an abandoned checkout, then email me. And it just took a weekend to build.
I used this prototype of Scout for my own needs for several months. It was easier to manage because I was push notified when I needed to take an action. It maintained my high recovery rate. And most importantly, it was fun to know when an abandon happened in real-time, it made my site feel more alive.
Bend the conversion curve
Having used it for a few months and not seeing any slowdown in its utility for my store, we decided this was a tactic every merchant should have in their sales strategy. We iterated on the first version of the email-only alert channel and made it a Facebook Messenger bot, sort of like a customer relationship focused personal assistant. Scout's job would be to alert merchants when a customer abandoned their checkout, and give you their checkout details.
So we published the free app in the Shopify App Store and one review at a time, we realized it was as useful for many others as it was for us. Merchants were sending thank you emails to us, and it was here we felt we had found our first glimmer of that ever illusive "Product-Market Fit."
You have to remember, during this time both my friend and I had full-time jobs, and I was also running my bidet store. Scout was in no way near something resembling a business. And we didn’t approach it at all to be its own business. We just wanted to put something out into the world that would have an impact. Plain and simple. Our first few installs came organically from the Shopify App Store, and a few weeks later we had a small spike as a result of Felix Thea’s Shopify Masters Podcast where, as a guest I spoke about Nadeef and mentioned Scout. We didn’t do any marketing for it until we reached about 1,000 merchants through organic search, which took over a year to achieve.
It felt good making an impact for so many entrepreneurs, but we didn’t feel we had anything to quit our jobs for, yet…

What is "Product-Market Fit"?

Finding product-market fit is a term used very frequently in the startup or entrepreneurial circles. If you’ve found product-market fit, it means you’ve figured out how to consistently deliver value to a group of people (and get paid as a result).
The two components in this equation are Product and Market. In my experience, the key is to start with the market. It’s important to start with the market because that’s the big immovable environment you’re in. It’s uncertain, it’s changing, there are producers and consumers operating in it already. One can’t create a market, one can only play in it, and so the market is the "hard part."
The product side of the equation is the easy part. These days if you can dream it, you can figure out how to make it, or get it made. For example, if you want to build a skateboard that can be converted into a surfboard, you could probably figure that out. Let's assume you've done that, it looks great, and has tonnes of cool features like an intergrated smartphone app! Awesome, great work!
But now that it's built, who’s going to buy it? Where do they live, what's the population of all the surf-friendly cities? Who suffers badly enough from carrying two boards? How big is the problem? How much are people willing to pay for this? How often do they need to buy parts/replace their boards?
The point is, if you confident in your answers to the above questions and your ability to establish a distribution and marketing strategy to your ideal target market, then it makes sense to start product developerment. The same rules apply for app development.
I will clarify that I didn’t think Scout had enough of a product-market fit at the time. I thought we had found some fit, but we still had (have) a long way to go. After all, it is a free app and no one pays for it, so we don’t really have a way to measure if it valuable enough that people pay for it.
The way this went down for us was simple. We were trying to solve my problem first. Being one of the participants in the "market" that had a problem with online sales, I slowly learned what I needed. And when I saw it helped/worked/was awesome, I had de-risked the product enough to feel comfortable going to market with it. In my case, it was as simple as publishing Scout to the app store AFTER knowing it was working for me.
Build, measure, learn diagram
This is again, why the advice of falling in love with the problem, is so great. Because it forces you to think about the market, and its needs, first.

Iterating the Product

Fast forward about a year after using Scout. I was looking through my list of customers, ordered from highest Lifetime Value (LTV) to lowest, and noticed something really fascinating. Eight out of my top 10 customers had originally abandoned their checkout and were individuals I had personally reached out over the phone. This means that by calling my abandoned checkout customers I was not only recovering the sale, but as a result they were turning into VIP customers.
This was a huge wake up call because it helped me understand the real problem in my online sales strategy. If calling my abandoned checkout customers resulted in them becoming loyal customers, what if I also called those who bought without abandoning? If the one-on-one phone call is the common denominator for the high retention rate, why not apply it to more customers?
Thinking back to the phone conversations over the previous 12 months I realized the most valuable bi-product of asking for feedback was not the sale itself. Rather, it was the lasting brand impression that a friendly, pre-sale service call had on my customer. Suddenly my high recovery rate made so much sense. The phone call earned trust with my customers and they were happy to come back and do business with me.
With this realization came clarity about our app focus. Creating customer conversations. Customer relationships are today's small business competitive advantage. And so Scout had its first major iteration, the opportunity we've decided to pursue is to enable customer relationships. We decided Scout’s job for each and every merchant that installs it, is to identify these relationship building opportunities and turn them into one-on-one conversations.
I like the below diagram (as opposed to the one earlier above) for explaining the concept in more detail because it outlines another key step, which is to test your hypothesis. Once you’ve identifying a new problem you want to solve, next thing you should do is run a test to see if your solution will work. If you can solve it, then you should build something to systemize it. If you can’t at least prove your hypothesis is true even a little bit, then I wouldn’t recommend investing more time in building a systemized solution (the product).
Identify/test/build/learn diagram
Once you’ve gone through the loop at least once, you should have identified opportunities for improvements, and this is where Scout is today. Currently we feel we’re on the Learn phase in our third loop.
For those who are interested in the math of our second "Measure" step as it related to my store’s results after 12 months using using Scout:
My top 10 customers had spent at least $600 on my store, through an average of 3 or more purchases. My top three had spent at least $1,000 in 5+ orders. As a comparison, the average customer LTV is $100.
Eight out of my top 10 overall customers were originally abandoned checkouts that I had called and recovered. They went on to be way more likely to become returning and word-of-mouth customers. Based on this, it was safe to say I needed to focus on getting more people on the phone, regardless of whether they abandoned first or not. This was the most recent learning which fueled the next round of product iterations.

Generating Installs

The Shopify App Store is pretty saturated today. There are so many apps on there already, many popular apps even have dozens of copycats. This makes it hard to market apps to merchants, because there is so much noise that’s keeping them from finding your app.
I wish I had some secret formula we used to grow our installs. What I will say is that the vast majority of installs come straight from app store ranking, which I believe is mostly dependant on the number of 5 star reviews and your usable of the right keywords. I’ve added a screenshot of our first 9 months below to show you what the growth looked like in the early days.
first 9 months of installs
You can see that for the first 4 months, we only generated 20 installs. And three of those were from my own store and a couple friends’. The other 17 I believe probably came from the Shopify Master Podcast that I was featured on. To be fair, remember that at this time we were not focused on Scout at all. I had my full-time job, as well as my bidet store, so there were no marketing efforts put into Scout whatsoever. So how did the growth suddenly pick up in January 2017?
I believe it had a lot to do with positive merchant reviews of the app. I think the app store’s algorithms started picking up the reviews we were generating and this caused a sort of upward cycle. Based on this, my advice would be, in order to grow your app installs, focus on your merchant support. Offer the best customer support you possibly can, and keep providing this level of support. It’s worked for us in the past, and it continues to work for us. Every few weeks when we generate several positive reviews in quick succession we watch our installs over the next few days, and it is noticeably larger.
Just like the theme of our apps, of enabling merchants to provide great customer experience, we do the same for our service. We are an app development merchant to business owners. We saw it working in terms of making product sales online, why wouldn’t it work for app companies trying to sell to other businesses?
So far the story checks out.

Customer Experience is Important (because it’s hard)

In my research around ecommerce success stories, I came across Zappos. Their business model was so on point I had to create some content around it in the form of several vlogs. Our series of vlogs talks about several topics around small businesses, especially the advantage that we have as small businesses. Hint: it has a lot to do with our ability to provide a superior customer experience.
To get back to Zappos, Zappos is an online shoe store based in Las Vegas, Nevada, that was eventually acquired by Amazon for $1.2 billion. It just sold shoes, the same shoes you’d find in any regular store, but it did so with a militant focus on the customer experience.
They do this so well that their business has a 75% repurchase rate. Even though it's an online retail business model, I strongly feel the same principles apply to all sorts of models, including SaaS, consulting, whatever.
So how did Zappos do this? They did this by reinvesting a portion of each sale’s revenue, back into the customer’s experience. So instead of taking $20 from $100 sale and giving it to Facebook or Google ads in the hope of acquiring a new customer, they would use that $20 to upgrade their shipping to overnight, send a free pizza, or offer unlimited free returns. This not only made sure they retained the customer (repurchasing customers spent more and bought more frequently), but they also created free word-of-mouth customers through the advocate marketing as a result of the great experience. Tony Hsieh, the CEO of Zappos went on to write a book called Delivering Happiness about this idea, which I would highly reccommend for all merchants.
Speaking of great books, another book also further opened my eyes to the lost opportunities at businesses who don’t focus on the customer experience. Joey Coleman’s Never Lose a Customer Again
opening chapter highlights an interesting ratio of 43:1. For every 43 books about sales or marketing, there is only one book about customer service, experience, or retention. That means the education around creating a customer far outweighs the education around keeping the customer. But why? It's a known fact retention provides more profitability than new acqusitions.
Thinking about why this is, I believe it has less to do with the difficulty of creating "wow" customer experiences, and more to do with how ridiculously easy it is to automate ads and marketing campaigns. I don’t think we’re against doing hard things, but when presented with the easy option, that’s what merchants will take.
Cycle of momentum
If the "orthodox" marketing tactics can be automated (and they can), you should also incorporate the unorthodox campaigns. Things like sending a free pizza and handwritten thank you notes, will close the loop for a complete marketing strategy.
Whether you’re marketing physical goods, or SaaS apps, or even professional services, it’s easy to want to automate everything. Automating Facebook and Google ads, automating email campaigns, automating chatbots, automating discounts, popups, and special offers, automating dropshipping; it’s really easy to do this, and the app stores are overflowing with apps that automate. It’s clear automation is the future, but there is no competitive advantage here.
And so in order to stand out, I’ve learned you can’t automate the hard things. You should try to do the important hard things personally, because it’s in those moments that you will build brand reputation and value.

More than One Solution (to the Problem)

We went from running a Shopify store earning several thousand dollars per month, to developing a suite of apps used by over 10,000 merchants.
Working on Scout, and seeing the success from it, we started ideating other ways of getting customers on the phone. Why does only an abandoned checkout need to result in the phone call? What if a customer is interested in purchasing but hasn’t clicked "add to cart" yet? To capture these unrealized leads we developed the callback app called Raven Callback. Raven turns website visits into qualified sales calls. It helped tremendously on my store, because it started to capture more leads due to its lightweight nature. I didn't think the contact/email form was working for me because it’s too much stuff for customers to type, and they perceive replies would take up to 48 hours, so why bother? Same with the livechat, since majority of small businesses don’t reply immediately. The “immediate” callback did wonders and customers continuously commented it was the best customer service they’ve experienced. So, we ran with Raven as well, based on the success I had with my own store we published it on the Shopify App Store.
Raven only has a few dozen merchants on our paid plans, but just those merchants have directly generated over $500,000 for themselves in sales over the past 3 months since we launched. Again, we’re seeing the phone channel as a great medium to close sales, and it works really well for certain products and services. I think any store that wants to have one-on-one conversations with customers, especially those who sell products over $200, should seriously consider the phone as a sales channel.

What’s Next

Now we’re working on publishing our third app, again, inspired from running my bidet store. It’s not phone related, but it is related to customer experience and building a relationship with your VIP customers. The app is called Pizza Party, and it sends free pizzas to those VIP customers.
Based on the learnings from the "failed" hand-written note product, this time, I'm focusing on more customer conversations about it before going ahead and publishing the app. We're not sure yet when we'll officially launch it, it's about half-way done, but I'm happy to chat with anyone who wants to use it for their store. It’s really fun and easy to use. When merchants install it they just outline the parameters of a "great" customer, like order value, lifetime value or order frequency, and then confirm which customers to send to. For example, if you consider any customer who spends at least $200 per order on your store as a “VIP” customer, then Pizza Party will send a free “thank you” pizza to that customer on your behalf. The merchant pays for the pizza, and we take a small percentage, but it’s super easy to get started and really fun to use. The feedback I was getting from my bidet customers who I sent free pizzas was just too awesome to pass up on this app idea. I sent free large cheese pizzas to customers who bought a few hundred dollars worth of bidets last winter and that small token of my appreciation turned into a few hundred dollars in more revenue; it was triple digit ROI. Customers said it was the best customer service they’ve ever had, ended up sharing the story with their friends, which then resulted in word-of-mouth sales.
If you’ve read this far you’ve probably put together the pattern here. I tried a marketing experiment for my Nadeef Bidet store, and if it worked really well I tried to systemize it. By focusing on solving our own problems first, we now have 3 apps, 3 more in private beta, and plans to roll out for several other platforms very soon. And thanks for reading! If you want to get in touch, or have any quetions, feel free to reach out via email or Instagram
I’ll sign off with a Haiku:
What better problem
Than the one you yourself face
To solve for others too
Liked this text interview? Check out the full interview with photos.
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