Headline August 12, 2019/ '' '!WOW! CRYPTO WONDER' ''



ON THIS ALMIGHTY OCCASION OF injustices, sufferings, trials and tribulations, poverty and hunger and sheer hopelessness the entire world over.........

These sterling sons and daughters of humanity join me in voluntary, self determined, strategic - planning and work, right through the holidays,........  and I go about seeking inspiration:

''Merium, what's the strategic-imperative of growing global content from you all? 'Dee, can you pose the same question to yourself, and then Saima and Haleema and Sarah and Ali?' ''

''Vishnu and Lakshmi - what are the students of India and Kashmir feeling and thinking?''

Reza Haider, whastup in Canada, good lad? Best get working hard and contributing.

''Hussain, Shahzaib,what's the ops-status on Global Elections? Ready are we? Great, to see that you have brought down the voting age to 15, in line with that Swedish honor, Student Greta Thunberg.''

''Rabo, can you possibly send a word to Marcus Swanepol, CEO of cryptocurrency platform, LUNO? Give him my very best wishes and regards and my email address.

Tell him that The World Students Society is sourcing............... ''JOINT VENTURE'' partners? Tell him: I would be honored to get an exchange between us, going.''

''Zilli, you and Juniper and I, we return to Global Microfinance bank issues and Crypto's Research. Clear are we?''
Zilli, try keeping Mr. Wadood Mughal/Singapore and Malyasia, well in the Loop.

LONDON : Bitcoin's recent gains as stocks plummeted on US/Chinese trade tensions reflect not so much its safe-haven credentials but its potential for quick gains, cryptocurrency and foreign exchange traders said on Tuesday.

The biggest coin jumped over seven per cent on Monday as US stocks slumped 3 per cent. Safe haven assets from the Japanese yen to gold to government bonds expected to hold or gain value amid-

Turbulent markets - also rallied as investors fretted over the impact of the trade war on the world economy.

Crypto enthusiasts said the moves heralded bitcoin's achieving its potential as a haven. Bitcoin, their argument goes, is immune to the impact of geopolitical tensions on governments interference because of its decentralized nature.

Unlike government issued fiat money, the cryptocurrency is produced by miners across the world  racing to solve computer puzzles. Its supply is also at 21 million, a scarcity aficionados say gives innate value, like rare metals.

And the correlation between falling stocks and rising bitcoin does appear to hold.

After a major market-moving events over the last year, including US President Donald Trump's threat last week to slap more Chinese imports with tariffs, bitcoin has jumped as stock tumbled.

Since Trump's threat on Thursday, bitcoin has soared 23pc versus a 4.6pc slump in the S&P 500. A week after the US president tweeted in May he would raise tariffs, bitcoin rose 41pc against a 3.8pc fall in US stocks.

And when worries on a hawkish US Federal Reserve amid escalating trade tensions and weakening future corporate earnings growth upset markets in December, bitcoin added 18pc against a 10pc drop for stocks in a week.

In times of market fluctuations, investors tend to move small proportions of their portfolios to bitcoin, said Marcus Swanpoel, CEO of London-based cryptocurrency platform Luno.

But driving bitcoin's moves is less its safe haven characteristics than its potential for outsize gains, he added.

''If you're wrong, you're not losing lots of money, but if you're right we are talking outsized returns,''  said Swanepoel.

Like gold, bitcoin has also tended to move in concert with market volatility.

But any correlation with the behaviour of traditional safe havens is likely more a short-term trend  than an indication of anything longer-term, according to Forex-com analyst Fawad Razaqzada.

With respectful and loving dedication to Merium, Rabo, Haleema, Dee, Saima, Sarah, Zilli, Juniper, Aqsa, Armeen, Lakshmi, Zainab, Seher, Sherbano, Dantini,  Nina, Tooba, Maynah, Maria, Hannyia, Harem, and Merium-

Hussain, Shahzaib, Bilal, Haider, Vishnu, Salar, Jordan, Ali, Hamza, Danyial, Zaeem, Hazeem, and then the Students, Professors and Teachers of the world.

See Ya all on Facebook, prepare and register for  Great Global Elections on The World Students Society : wssciw.blogspot.com  and Twitter- !E-WOW!  -the Ecosystem 2011:

''' Stocks & Stumps '''

Good Night and God Bless

SAM Daily Times - the Voice of the Voiceless


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