Bitcoin has had quite a month, rising from $725 to a high of $911 today.

Bitcoin has had quite a month, rising from $725 to a high of $911 today.

Part of what is driving bitcoin's price movement is the financial turmoil in China. A weakening yuan in combination with increasingly strict capital controls in the country have driven investor's capital out of mainland china and into bitcoin.

Likewise, since the Chinese government considers bitcoin to be a commodity rather than a currency, it is impervious to foreign exchange regulators – meaning that it is nearly impossible for them to limit its upside.

But, in my opinion, China is only one of numerous reasons bitcoin has been rising.

The Trump effect as well and his embracement of the Blockchain apparent in his cabinet appointments as Kim Dotcom has also predicted Bitcoin to hit $2000 next year giving Trump much of the credit.

But, with it breaking out to all-time highs now, it begs the question, how high can it go?

Let's look at the total market cap compared to other money and sectors.

Bitcoin is currently near $14 billion of total market cap.  If you multiply the total amount of bitcoins available (currently just above 16 million) by its current price you get its market cap near $14 billion.

At $14 billion, bitcoin has nearly the same market cap as silver.

But, when compared to Bill Gates, with a worth of $75 billion, bitcoin is still worth much less than the world's richest man.

When comparing it to companies, like Apple, the world's highest market cap company at $620 billion, bitcoin is still only worth 2% of the value of Apple.

And, compared to the total value of all gold in the world of $7.8 trillion, bitcoin is only 0.17% of that value.

Gold is likely the most similar item to compare bitcoin to.  Like bitcoin, it is a store of wealth and considered by many to be money.

And given the ease of use of bitcoin and how digital the world is becoming, it is fair to posit that at some point bitcoin may be worth as much as gold.

If that were to happen the price of each bitcoin would have to be valued at $487,500.

Another item that could be compared to bitcoin is the value of all fiat money in the world.  It is estimated, by the CIA Fact book, that there is about $28.6 trillion of coins, bank notes and bank deposits in the world.

If bitcoin were to replace all fiat currencies, something in which we speculate is certainly a possibility, the value of each bitcoin would be worth $1,787,500.

Will that happen anytime soon?  Of course not.  Could it happen?  Absolutely.

So, if you think you have missed the boat on bitcoin by not buying it earlier… there are plenty of reasons to think that it hasn't even begun yet.

 

Will Latency Slow Bitcoin Rise

Yes bitcoin has doubled in value over the past year, however as more people turn to bitcoin then more miners are required to ensure transactions are completed quickly. China has a large share in mining pools, however in the past months some of them have been shut down for stealing electricity to power the computers required to solve the mathematics which builds blocks in the blockchain. the longer it takes to produce blocks the slower the transaction becomes.

There has been talk of fork to update the blockchain but there is no consences for this. Implimentation might also prove challenging due to its widespread distribution which perversly adds to it security.

Waiting in the wings is a new coin Mycryptocoin (MCC), which brings together the best of bitcoin and ether, but using Proof Of Stake(POS) to replace mining as all coins will be allocated at launch.

Smart contract and application can be run on the blockchain. Owners walletscan hold MCC and these can be bought and sold within the wallets with links to all other ccyptocurrencies, bank accounts, cards and other payments systems such as paypal. Truly a one stop wallet complete with its own Visa card.

Are you interested to join a brave new world, if so you are just in time to join an Initial Coin Offering (ICO) cloud funding project which is about to close.

MyCryptoWorld, has a lucrative offer at the moment which is going to be explained TODAY

Take the first step now by joining me at  https://markethive.com/group/cryptocoin

Then remember to come to our webinar today at 12 noon MT on Friday 23rd December (Use http://www.timeanddate.com/worldclock/meeting.html enter Denver as location 1 and your own location to check your local time)

Join our live Webinars Every Day: For times and Webinar logins on go to the Markethive calendar: https://markethive.com/calendar

Direct access to our webinar room is at: https://www.ivocalize.net/#room/TheHive

Thomas Prendergast
Founder and CEO
Markethive Inc.

Experts Predict Bitcoin Hits 1 Million Next Year

Experts Predict Bitcoin Hits 1 Million Next Year

We have the opportunity right now to take a very good risk to acquire results into the millions of dollars.

Here me out and come to our live webinars. Time is running out.

The lessons learned in business. Paying attention and seeking knowledge. Pursuing wisdom and mentors with wisdom and experience

Case in point, Bitcoin 2009, where were you?

You see back in 2012 when Bitcoin was trading around a penny, I was aware of the new revolutionary tech called Blockchain. Aware, but very ignorant. I had $50,000 invested in bulk silver coin and gold 1 ounce Maple Leafs. I was totally focused on the wrong preparations for the immediate future

I am a smart, experienced, entrepreneur and have been my entire life. I created and built Veretekk with nothing more than my visions, and my bare hands. There was no one before me to teach me. I joined UCSD’s Super Computer center to learn how to build the tools I envisioned and with the help of George Kremeneck and the partnership I built with Jeff Balmeo, we, laid the foundations, for what is now Markethive, the first off, Market Network (evolving from the Social Networks). I invented Inbound Marketing in the mid 1990’s Way way to early.

Markethive is a new wave technology, born from 20+ years of endeavor, innovation and dedication. It’s time has come. Why? And why am I discussing the summary history of and birth of Markethive?

Because it needed the Blockchain to morph into the most powerful social network what the pundits have identified as the new Market Networks that will dwarf the “Social Networks” and we are the first to produce one.

But Markethive needs a Blockchain to produce a shopping platform that every single human could utilize to build wealth regardless of nationality or residency. That is our mission, and MCC’s blockchain has given us the foundation to do it.

So, how in the world did I miss it in 2009-2012? I was not “Paying Attention” If I had paid attention, I would have liquidated my small holding of silver and gold, and purchased $50,000 worth of Bitcoin at less than a penny per coin.

Segway to the near completion of Markethive, discovering that Markethive was actually a Market Network, a new market to supersede the Social Networks, as has begun recognition of this new burgeoning  SAAS, Social Network, market platform predicted to eclipse the Social Networks and become the first Quadrillion dollar market.

Markethive (over 20 years in development) is ready to launch, as the new Market Network.

In that process we are seeking capital investors. And along came MCC, as this new emerging Blockchain company, they see the future and raw power potential in Markethive.

So James Wilfong and I talked about their investing into Markethive. We negotiated 5% of the Markethive stock for $5 million. This comes about in January after their ICO (Initial Coin Offer).

A few weeks after the negotiations I started really looking at the bitcoin market, educating myself, researching etc. As I did so, it started to form from the fog, that perhaps MCC (MyCryptoCoin) was more then I realized at first.

Now understand; as I did this research it dawned on me that back in 2008 when I started buying up Gold and Silver bulk coins (not collector coins) at around $800 per ounce. About $50,000 worth.

If I had paid attention to the Bitcoin revolution and bought the same amount I would have over $4.5 billion today. This caught my attention. I have seen a similar event with the Internet, but this is actually hundreds of times more intense. In fact, this trend (revolution) will likely be bigger than any other event in the history of mankind.

I started to realize that what MyCryptoCoin was doing was not just another coin, MyCryotoCoin’s DAO (Do you know what that is?), Their own Blockchain, their own proprietary Wallet, all developed with engineers that came from Bitcoin and Etherium, are about to launch the next level in this revolution. I call it bitcoin V2 and will address and solve the latency of Bitcoin, will give Markethive the ability to offer an Ebay type shopping platform that will allow all forms of live payment processing within 2nds.

Listen carefully, Markethive will be able to offer an Ebay type shopping platform that will accept all forms of payment. With MyCryptoCurrency over coming Bitcoins bottle neck of latency, transactions in crypto coin, fiat accounts (ACH), credit cards, 3rd party wallets like Payza, and Paypal will all be accepted with instantaneous transactions. Instant, no waiting (like) occurs with today’s crypto coins.

This is a substantial technical advancement that will both catapult Markethive becoming a trillion dollar Market Network, eclipsing LinkedIn (A social network) with monthly profits in the billions. Think I am kidding?

Fueled by MCC (mycrytocurrency) another huge disruptive company poised to launch, which I am convinced will eclipse Bitcoin, because they will be launching the “Latency” solution Blockchain, an advanced Wallet that solves the online Merchant Account issues and a series of other proprietary technology that will bring the CryptoCurrecy revolution into the main stream.

Did I mention? No I did not. Until the year end, we are offering you the option to purchase 3 million coins and $500,000 worth of Markethive stock for a ridicules low cost. We have other incredible packages that I can personally embrace as being one of those once in a lifetime events were you can leap from your financial level into wealth. Making literally millions even billions in dollars in profits.

I missed the first wave with Bitcoin in 2009 but I am firmly paying attention this time.

Come to the meetings! Do not miss this!
CHECK THE CALENDAR

Join our group
https://markethive.com/group/cryptocoin

Thomas Prendergast
Founder and CEO
Markethive Inc.

Trump Picks Cryptocurrency and Blockchain Advocate as Budget Chief

Trump Picks Cryptocurrency and Blockchain
Advocate as Budget Chief

Bitcoin Caucus co-founder Mick Mulvaney is the US'
next Director of Office of Management and Budget.

It seems the election of Donald Trump could spell great news for American blockchain startups and cryptocurrency users. President-elect Trump has added to his cabinet an active and vocal supporter of cryptocurrencies and blockchain which means that there will be at least one powerful voice in the US government that will resist further efforts to legislate the technology into oblivion.

Trump picked Congressman Mick Mulvaney, Tea Party Republican, as his administration’s Director of Office of Management and Budget. He is considered a staunch fiscal conservative that wishes to drastically limit the federal government’s spending on social programs.

Just this September he was among the founders of the bipartisan Blockchain Caucus. Commonly called the Bitcoin Caucus by American media, it is meant to help congressmen stay up to speed on cryptocurrency and blockchain technologies, and develop policies that advance them.

Mick Mulvaney

“Blockchain technology has the potential to revolutionize the financial services industry, the U.S. economy and the delivery of government services, and I am proud to be involved with this initiative,” Mulvaney said in a statement back then.

Mulvaney is also a supporter of Coin Center, a non-profit research and advocacy center focused on public policy issues facing cryptocurrency technologies, which raised over $1 million earlier this year.

“For the past two years we have worked with Representatives Mulvaney and Polis to educate their colleagues through briefings and other events, and the new Congressional Blockchain Caucus will be a wonderful new platform to continue these efforts,” Jerry Brito, executive director of Coin Center said at the time. “Their forward-thinking leadership on blockchain technology in Congress is unmatched.”

 

Thomas Prendergast
CEO
Markethive Inc.

Join our Bitcoin Group. Time is running out.

https://markethive.com/group/cryptocoin

Bitcoin Will Rise to $2000 in January 2017

Bitcoin Can Rise to $2000 in January 2017

The Confirming Trends

Trump’s ascendancy will be confirmed in January – a time in which Kim Dotcom hopes to launch his Megaupload 2.0.

Saxo’s projected three-fold increase in the current price of the digital currency – currently at $760 – is similar to Dotcom’s prediction that Megaupload and its potential Bitcoin wallet Bitcache system could take the price of Bitcoin to $2000, based on the claim that the file sharing product would overcome Bitcoin’s scaling problems.

The anonymous cloud sharing, anti-surveillance, video hosting, Bitcoin-caching online service, that will serve the equivalent to the population of the Philippines (approximately 103 mln), is slated for a release in late January. Let’s hope he can pull it off.        

China to exceed growth expectations

On Dec. 1, China restricted the importation of gold in order to prevent capital leaving the country. The country still plans to regulate the importation of gold to avoid the Chinese yuan from leaving the country.

As a huge determinant of the eventual quasi-synchronization in price between Bitcoin and the yuan, the Chinese trading volume will correlate with the price of Bitcoin in the coming weeks even as the Chinese central bank and authorities struggle to recover the value of the yuan which has fallen 5.8 percent against the dollar already this year.

Saxo Bank notes that China is expected to exceed growth expectations in the coming years, adding that the country’s current slowdown has been predictable due to elevated investment levels of around 50 percent of GDP while total debt has swollen to an unsustainable 237 percent of GDP.

Through massive stimulus from fiscal and monetary policies, and by opening up capital markets even more, the country successfully steers a transition to consumption-intensive growth surpassing current expectations and reaching eight percent growth in 2017.

India is ready for Bitcoin

Bitcoin’s price increased following the recent demonetization of the Indian rupee. Following this, there were suggestions that the government could be planning a ban on the importation of gold as the precious metal reached two-year highs in November. This, coupled with the growing awareness of Bitcoin in the world’s second most populated country and the Indian government's resolve to work on Bitcoin and the Blockchain framework before 2018, could push it to a tipping point.

In its Payment and Settlement Systems in India: Vision-2018, the Reserve Bank of India notes that it will be monitoring framework for new technologies/innovations in order to “ensure that regulations keep pace with the developments in technology impacting the payment space, the global level developments in technology such as distributed ledgers, Blockchain etc. will be monitored and regulatory framework, as required, will be put in place.”

This will improve the country’s payments ecosystem, it says, which has been evolving dynamically with the advancements and innovations taking place, particularly in the area of FinTech.

In a chat with Cointelegraph, a spokesperson for Zebpay agrees that there's been no talk of Bitcoin without the mention of India lately and this will continue for a little longer because Bitcoins are the new game changers in the era of cashless economy offering billions of Indians the ability to go cashless using digital currencies.

The spokesperson says: “We skipped the landline generation and have a modern mobile phone infrastructure. Similarly, India has the potential to skip the plastic money generation and build a modern financial infrastructure on this revolutionary technology.”

For Coinsecure CEO Mohit Kalra, India is rising to Bitcoin and 2017 seems promising for its adoption and usage.

"In terms of use, we are hoping to see more merchants start accepting Bitcoin in India. Demonetization and going cashless can definitely help boost adoption rates across merchants, businesses and individuals alike!"

Read more at: The CoinTelegraph

Join our live Webinars and special guests: Events and Webinar logins on the Markethive calendar: https://markethive.com/calendar

Direct access to our webinar room is at: https://www.TheHiveRoom

Thomas Prendergast
CEO
Markethive Inc.

P.S. At least move some of your money into Bitcoin. Here is a comprehensive list of Bitcoin exchanges. This is a new shift, much like the Internet. Do not reject this move, rather embrace it. The List:
https://99bitcoins.com/best-bitcoin-exchanges-comparison-review/

What is a DAO distributed autonomous organization ?

fbWhat is a DAO distributed autonomous orginization

These days, it’s hardly surprising to hear that a hot new startup has received gobs of money from eager investors. But a new company called the DAO (short for “decentralized autonomous organization”) is not your average startup.

The DAO, designed to serve as a kind of venture capital fund for the cryptocurrency community, is the first of a new breed of business. It has no CEO and no staff; indeed, it has no human management at all. The company itself is simply software that runs on a blockchain, the technology that powers digital currencies like bitcoin. Through its first three weeks, the DAO raised over $130 million from tens of thousands of global investors, and it’s not done yet. But regardless of how the company fares, its mere existence portends profound changes for business, government, and the roles that people play in our economy.

Analysts have questioned whether the DAO is legal or viable. Like any startup, it may fail. It may have attracted investors who don’t understand the risks. Some investors may be speculators in it for a quick buck, in turn, reducing the size of the fund. It may be attracting criminals or terrorists masquerading as entrepreneurs. To be sure, these are important concerns.

But the DAO’s debut is a watershed moment in the history of financial services. It demonstrates that autonomous entities can raise huge sums of money without traditional intermediaries. How will venture capitalists and investment banks respond to these blockchain IPOs that crowd-source hundreds of millions of dollars from a global invest

Even more significantly, the distributed autonomous enterprise raises the intriguing possibility that software could ameliorate, or even eliminate, some of the most vexing problems of management and mass collaboration.

Consider the impact of software that automates important aspects of governance and decision-making in a firm. Companies like this have no executive team, board of directors, or assets other than code. This could eliminate the possibility of managerial wrongdoing and incompetence. Such an organization will do what it’s coded to do, which is to act in the interests of those who hold its tokens. In the case of the DAO, the tokens are valued in Ether, the cryptocurrency of the Ethereum blockchain on which the DAO runs.

Meanwhile, stakeholders can review and vote on proposals for how the DAO will allocate its funds. Think about that for a moment. With such a company, there is no information asymmetry between management and stakeholders, because there are no managers. Nor is there room for moral hazard, where managers may behave contrary to the interests of their customers or clients, taking outsized risks for personal gain because they know they won’t suffer the consequences. There would be no way for the heads of an electronics conglomerate to overstate their earnings by $2 billion over seven years, as Toshiba’s did. Sports league officials couldn’t take bribes in exchange for hosting or broadcasting rights to big sporting events, as FIFA’s did. For regulators, there’s a lot to love here.

However, a DAO could act like a regular corporation in many other ways. It could invest in new businesses, support social causes, or back political candidates. It could hire lobbyists and a legal team to represent its interests and advocate on its behalf. Using smart contracts—agreements written in code that self-enforce—a DAO could do pretty much what any organization could do, with one important exception. On the blockchain, there is no way to override agreements, mission statements, corporate values, or operating principles without broad stakeholder discussion and consent.

That’s huge.

A DAO also offers perfect financial transparency. This is a tantalizing prospect for engaged and frustrated investors alike. The company’s finances are visible on the blockchain to anyone, not just its accounting department. (Of course, there is no accounting department.) Its corporate charter is enshrined in code for all to see.

That’s only the beginning. The software could also be used as a platform for integrity, a trust protocol of sorts, within traditional corporations. Stakeholders could participate in organizational governance directly and regularly, rather than by proxy or once a year at shareholder meetings.

Such an entity could also hire any human being or group via a smart contract on the blockchain, not through an HR department or procurement. Contractors would know the rules and norms for acceptable behavior and achievement in the collaboration, because they would be encoded in work orders and performance metrics. When they completed the job as specified, they could get paid immediately, not weeks or months later.

Stakeholders could receive dividends immediately, too, since real-time transparent accounting on the blockchain would make year-end reports unnecessary. The organization would hum along according to the trust protocols that governed it.

Imagine a global IPO with 100 million shareholders, each contributing a few pennies and voting their shares. That’s governance on a massive scale. At last, investors at the bottom of the pyramid could participate and own shares of a wealth-creating venture anywhere in the world. Anyone could design a corporation without executives—just stakeholders, money, and software.

We are not predicting a future in which there is no need for people in business. Human stewardship will be critical for these new kinds of business to succeed. In fact, in the last few days, surprised (perhaps alarmed) by the staggering success of the crowd-sale, the founders and early investors in the DAO have called for a moratorium on investment proposals for funding by the DAO. Among other things, they worry that bad actors could exploit the DAO to fund undeserving or fraudulent projects, or manipulate the value of tokens at the expense of the DAO as a whole.

So while the DAO code may run itself flawlessly, it is unable (for now) to fix itself in real time. Human problem-solvers can. Time will tell if they will succeed.

We think it is no accident that the DAO’s stated values include democracy and non-exclusion. Time will tell whether it can reach those loftier goals. But if it can, we may finally be able to democratize opportunities for prosperity and wealth. For anyone who cares about the integrity of the organizations that fuel the economy, the DAO is worth a close look as an alternative model of governance, collaboration, and performance.

See you at the live seminars

 

Thomas Prendergast
CEO
Markethive Inc.

 

Bitcoin: The True Democracy -Do you want the option to turn $50,000 into $3 million?

bcBitcoin: The True Democracy
Stefan Molyneux and Jeffrey Tucker

Do you want the option to turn $50,000 into $3 million? Wait, and also received $100,000 in private stock in a rising emerging state of the art Market Network, and that $3 million potentially turning into billions within a few years even within one year?

Visionaries, Internet Geniuses, and Network Wizards will be hosting the next webinar where you will understand what the Brexit effect, the Trump effect represent in the economies of 2017 and how you could make a modest investment today and become a multi-millionaire next year.

If you had invested $50,000 into Bitcoin at its beginning you would be worth $4.8 billion today. That was the first wave of what is to become a series of waves each one a bigger wave than the last one.

We are now staring at the next wave. It is right in front of us.

The True Democracy how the Blockchain not only brings wealth to the common man and woman, it also prevents war. Because the blockchain ends usury and usury is needed to finance war. So the blockchain architecture ends the ability to wage war.

Stefan Molyneux (A brilliant and very nice guy) discusses why war becomes obsolete in the decentralized world of the blockchain.

Make sure to join our conferences, you can find the calendar for our meetings in our calendar here.

 

Join our Cybercoin Group here:
https://markethive.com/group/cryptocoin

Thomas Prendergast
Founder and CEO
Markethive Inc.

Intro Bitcoin Crypto Currency by James Wilfong founder MCC dao

Intro Bitcoin Crypto Currency by James Wilfong
founder MCC dao

The crypto currency revolution is here. Bitcoin, the blockchain, ethereum, and the accelerating trend breakthroughs in new technology destined to change the world and empower the little guy and gals. Are you prepared for the future of decentralized global finance and blockchain governance? If not, well, it is advisable that you get that way quickly, because this global revolution will top anything we have ever seen, including the Internet itself.

If you position yourself ahead of this massive movement, you are in for the ride of your lifetime, and your finances could be where your dreams actually are, and then some. If you wait for the wave to pass, you could find yourself paddling harder than ever just to get to shore.

In the coming weeks, we will be educating you in everything you need to know about this coming wave in order to position yourself just right. As many of you already know, bitcoin began its rise to worldwide disruption in 2008 and rose from just a fraction of a penny to now around $750 each and steadily rising.

Of course, had you invested $5K to $10K in 2009, your investment would have made you worth hundreds of millions of dollars today. Do you think that would have changed your life some?

You may think you have already missed the boat, that the massive wave of higher than high earnings and the opportunity to invest at the forefront of this wave has already passed you by. Fortunately, nothing could be further from the truth. You are exactly where you need to be.

As with the Internet, it has taken some time for the world to grasp the scope and power of cryptocurrency, and for the technology to develop to the point where mainstream use and practical applications are both imminent and far reaching.

Our global financial world is about to take a whole new look and exist on a completely different platform. User friendliness and blockchain apps are now in a position like never before. Cryptocurrency is ready to go mainstream. Are you ready for the ride?

To get you ready, we will begin with an overview of bitcoin, the blockchain, how this all got started and most importantly, for you, where it’s all going. So be diligent and take the time to get educated now so you will be ready for tomorrow. And not only ready conceptually, but ready also to reach your financial dreams on top of the financial tidal wave of your life.

We will begin with some enlightening education about bitcoin itself, which of course, has made many multi-millionaires during its dramatic and turbulent rise to global awareness.

For those who didn’t invest when the time was right, it is almost too painful to think about missing out on opportunities of this magnitude. But like I said at the beginning of this article, the first wave in the set is not the biggest, an even bigger wave is coming in fast.

So take the time and get yourself ready. You will be so happy when your wave comes in and you are on top of it, riding all the way to financial freedom while the worldwide transformation unfolds under your feet. The best wave in cryptocurrency is still yet to come.

Enjoy this first step video and we’ll see you tomorrow as we build up to the big event.

James Wilfong
DAO Admin
MyCryptoWorld DAO

 

Digital Alchemy: The greatest opportunity is upon us.

Digital Alchemy: The greatest opportunity is upon us.

I turned 39 when I entered the Internet with my Mosaic browser, Macintosh  and experienced html 1.0 for the first time in 1992.

As it was with the Internet, (I was there at the birth) the pundits and critics claimed it was too complicated and would never succeed. It surged forward and changed the world, made many wealthy and laid the foundation for millions of new inventions. It certainly changed my life. I made a few million myself, but was quick to squander it in those early days.

It was at this frontier I built the first self-replicated website, the first online interactive application, the first self-replicating PDF and by 1996 had built the first automated marketing system, which had the first email auto responder, the first of what was called Traffic Portals and the first massive broadcaster (The Hammer) all of which was the foundation of what is known today as Inbound Marketing. I custom built (private labeled) these Automated Marketing “Social Networks” for over 70 MLM companies in the 90s.

Then came Google.

Like Search Engines and “nobody ever envisioned Google would crush Yahoo” and surge forward delivering more technologies and again changed the landscape of business.

I know I was there.

Next was the emerging Social Networks. Pundits claimed they would represent Web 2.0 and change the industry and become a trillion dollar industry and it did. First to claim notoriety was “MySpace” soon to be crushed by heavy weight Facebook. Imagine buying a piece of Facebook back then like Peter Theil did. He dropped $500k into FB and is now worth Billions. LinkedIn, Twitter, Pinterest, Instagram, Youtube all and mush more turned snot nosed visionaries into billionaires.

I know I was there.

My Bitcoin perspective goes way back to the beginning of the Internet. I remember folks saying the Internet was too complicated and would never really amount to anything. Perhaps many of you do as well.

Fast forward to 2009 and the birth of Bitcoin occurred. It had many ups and downs but it surge forward. If you or I had purchased $1000 worth of bitcoin in 2012 at.008 cents per coin, today that purchase would be worth $93 million today, cash, based on the USD.

It is now being projected Bitcoin will reach $1 million, PER COIN! Many experts agree: Raoul Pal (former GLG Global Macro Fund and Goldman Sachs funds manager) thinks Bitcoin could be worth $1,000,000 USD sooner than later.

Raoul Pal

raoul pal

The bitcoin future may be the greatest door to wealth ever.

Only education will direct us in the right direction.

So let us get educated!

Check the calendar for coming events.

Thomas Prendergast
Founder and CEO
Markethive Inc.

Bitcoin: The True Democracy – Stefan Molyneux and Jeffrey Tucker

bcBitcoin: The True Democracy
Stefan Molyneux and Jeffrey Tucker

Do you want the option to turn $50,000 into $3 million? Wait, and also received $100,000 in private stock in a rising emerging state of the art Market Network, and that $3 million potentially turning into billions within a few years even within one year?

Visionaries, Internet Geniuses, and Network Wizards will be hosting the next webinar where you will understand what the Brexit effect, the Trump effect represent in the economies of 2017 and how you could make a modest investment today and become a multi-millionaire next year.

If you had invested $50,000 into Bitcoin at its beginning you would be worth $4.8 billion today. That was the first wave of what is to become a series of waves each one a bigger wave than the last one.

We are now staring at the next wave. It is right in front of us.

The True Democracy how the Blockchain not only brings wealth to the common man and woman, it also prevents war. Because the blockchain ends usury and usury is needed to finance war. So the blockchain architecture ends the ability to wage war.

Stefan Molyneux (A brilliant and very nice guy) discusses why war becomes obsolete in the decentralized world of the blockchain.

Make sure to join our conferences, you can find the calendar for our meetings in our calendar here.

 

Join our Cybercoin Group here:
https://markethive.com/group/cryptocoin

Thomas Prendergast
Founder and CEO
Markethive Inc.

Dear Clinton supporters: Recall wont matter

Dear Clinton supporters: Recall wont matter

News that Green Party presidential candidate Jill Stein has requested a recount in Wisconsin, and will likely do the same in Michigan and Pennsylvania, has raised faint hopes among Hillary Clinton supporters that somehow Donald Trump will not become the next president of the United States.

Now that Clinton's campaign has said it will participate in the recount efforts, those supporters' hopes have been lifted even higher.

To put the matter bluntly: They should give up that hope.

There is essentially zero chance that the recounts in Wisconsin, Michigan, and Pennsylvania will change Trump's lead, which number in the thousands, not hundreds, in all three states. Trump is winning Wisconsin by a little more than 27,000 votes; his lead in Michigan sits at around 11,000; and his lead in Pennsylvania is insurmountable at over 68,000.

This is not Florida 2000. On Election Night in 2000, George W. Bush held a 1,784 vote lead over Al Gore in Florida's election for president, representing just 0.031 percent of the 5.8 million votes cast in the state. After a recount — which the US Supreme Court halted by a 5-4 vote — Bush ultimately won Florida by 537 votes, securing the presidency. Yet even if the Court had allowed the recount to proceed, the margin would not have swung by much.

This is not Washington 2004, where a recount reversed the result, handing Democrat Christine Gregoire a 129-vote win over Republican Dino Rossi after he initially had a 261-vote lead on election night.

This is not Minnesota 2008, where a recount gave Democrat Al Franken a 225-vote win over Republican Norm Coleman, reversing Coleman's initial lead of 215 votes.

All of these recounts had one significant fact in common: the margin of victory was in the hundreds, not thousands. And the shifts in vote totals after the recounts were very small.

In the past 15 years, a statewide recount has reversed the winner from the election-night tally only three times — in the Washington 2004 governor's race (a 390-vote shift), the 2008 Minnesota US Senate race (a 440-vote shift), and a 2006 election in Vermont for Auditor of Accounts, which initially had a 137-vote margin on election night that changed to a 102-vote win for the other candidate after the recount (a 239-vote change).

FairVote, a nonpartisan organization that advocates for electoral reform, found that from 2000-2012 there were only 22 statewide recounts across the country, and the average shift in those recounts was just 0.026%.

But, a Clinton supporter might say, what if the machines were hacked? What if the election was actually rigged? It is an ironic sentiment given that Trump was the one claiming widespread election rigging before the election and Clinton supporters blasted Trump for refusing to say whether he would honor the results.

Irony aside, there is simply no evidence of election hacking, as Clinton's top lawyer, Marc Elias, himself conceded. Of course, now that Stein has begun the process, it is perfectly reasonable for Clinton and her lawyers to stay involved. But her supporters should not take that fact as a sign that the election is still in question.

Prolonging the campaign by seeking a recount breeds unwarranted doubt about the legitimacy of our elections — without any real evidence to back it up. Our democratic system relies on everyone accepting the result. That legitimacy suffers when mere speculation calls the result into question with little evidence of rigging and Electoral College vote totals that decisively determine a winner.

Moreover, all of this talk of recounts and election rigging obscures the more important fact about our elections: We impose too many obstacles on voters for no good reason. We need to work harder to eliminate onerous voting laws and make voting easier, not focus on long-shot recounts that provide only false hope. For instance, this recount effort does nothing to address issues surrounding Wisconsin's controversial voter ID statute, which improperly prevented some people from voting.

While Stein's futile recount effort should give no solace to Clinton supporters, there is a silver lining to the current debate: It might finally prompt Congress and state legislatures to devote greater resources to election technology.

We desperately need better voting equipment and stronger post-Election Day audits. Going into this election, experts warned about the woefully out-of-date equipment that most states use. Indeed, old machines — especially if they do not allow for a paper trail — raise the possibility, however small, of election hacking. Old machines can lead to long lines, lost votes, and other Election Day problems.

Updated voting technology can increase turnout by making voting easier. As just one example, Doña Ana County, New Mexico uses Voting Convenience Centers instead of precinct-based polling places, meaning that anyone in the county can vote at any of the 40 centers instead of having to go to their assigned home precinct. This makes it easier to vote near work or school and eliminates the possibility of having to vote via a provisional ballot — which could potentially not count — if a voter shows up at the wrong place.

This system shows that improved technology can both enhance the integrity of our election system — a standard Republican talking point — and also make voting more accessible to more people, thereby increasing the electorate — something Democrats usually strive to achieve.

The recounts in Wisconsin, Michigan, and Pennsylvania will do nothing to assuage the fears of Clinton supporters who recoil at the thought of a Trump presidency. But at a minimum, they should force politicians on all sides to re-examine how we run our elections.

Like it or not, Donald Trump will become our next president. Hopefully, when he runs for re-election in four years, we will have a stronger election system that makes voting easier, more convenient and accessible, less susceptible to manipulation, and more easily verifiable. That's the closest to a "win" that Clinton and her supporters can expect.

Reprinted From CNN

Thomas Prendergast
 

 

Tracking Results