What A Physical Bitcoin Looks Like

Is Bitcoin Price Being Artificially Propped Up? Is The Bitfinex Exchange Behind It? Nathaniel Popper, NY Time

Quote: “[Bitfinex’s] dissolution [of] relationship between [its] auditor and [itself] is very rarely a good sign that the company is behaving in accordance with market best practices…The concern about Bitfinex is one of several issues that have helped depress the value of virtual currencies over the last month.”

Bottom Line? Crypto exchanges are still a security risk and need more oversight to ensure trades are legitimate.

Why Ken Fisher Hates Annuities, Jane Wollman Rusoff, Think Advisor

Buoyant Economy Or A Blip? 4 Tips For Investing Before The Economic Party Ends, Paul Sullivan, NY Times

How California’s $15/Hour Minimum Wage Is One More Thing That Cripples The State Economically, Chuck DeVore, Forbes

Bitcoin Is Still A Total Disaster, Matt O’Brien, Washington Post

CS Commentary: A Contrary View on Bitcoin.

 

Editor’s Choice


More Older Americans Are Filing For Bankruptcy Than Ever Before, Paul Constant, Medium

When Will Bitcoin Go Up? Richard Black, Medium

The Currency Crisis Of 2018? GeoPolitical Futures

The Stanford Bitcoin Mafia, Rahul Singireddy, Medium/Forbes

Bitcoin Explained In Five Minutes, Dhruv Shah, Medium

Wall Street Exec: Crypto-Blockchain Mass Adoption 5-6 Years Away, Helen Partz, Cointelegraph

 

Cryptocurrency


The Bitcoin ‘Bubble’

New Poll Shows Only 2% Of U.S. Investors Own Bitcoin, But 26% Are ‘Intrigued’, Maxwell William, Cointelegraph

Where Is Bitcoin In The History Of The World’s Greatest Bubbles? Niklas Goke, Medium

Is Coinbase Creating a Centralized Or Decentralized Financial System? Brian Armstrong, Medium

Coinbase Now Values Itself At $8 Billion, Michael K. Spencer, Medium

Why Major Cryptocurrency Investors Are Betting Against Ethereum, Jeff Kauflin, Forbes

CS Repeat: Top Crypto Picks: Top 20 Alt-Coins, Cryptoclarified

CS Commentary: Repeating the listing of this link which was published in CS a few weeks ago. The article originally came out in June 2018 and it ranks DIG as its #1 alt-coin speculation, saying that it could easily have a 500% upside. However, please note that the information provided on DIG was easily a few months old as of writing, the wallets listed for the airdrop are out of date and incorrect, and the analysis on this coin is one-sided and not up to date. Still, it is interesting that out of 20 coins they choose DIG over EOS, DRED, and BNB as their #1 choice. Something to consider, but review our analysis on DIG here. Also see, cryptoclarified’s full analysis of DIG from late June 2018, here – but our above comments still apply.

DIG’s Arbitrade To Store Gold On Bermuda, Scott Neil, Royal Gazette

CS Commentary and CS Update on DIG, 7/12/18: There are some worrisome comments here, particularly…See this link for more. Also see, Bermuda Government To Introduce New Regulations On ICO’s And Crypto Firms, Helen Partz, Cointelegraph; Also see, How To Purchase DIG or Any Other Cryptocurrency

 

Short videos


Millions Of Americans Drop Food Stamps, Fox Business

Ken Fisher on Tariffs, Fox Business, You Tube

Larry Kudlow On Job Numbers, Varney & Co,, Fox Business

Can The U.S. Economy Maintain This Pace Of Growth? Varney & Co., Fox Business

Bill Browder Of Hermitage Capital On Being Named By Putin In Helsinki: Valdimir Putin Wants Me Dead, Sunday Morning Futures

 

Common Sense Interpretation

(Start Here First To Understand The Investment Arena Big Picture)


How To Know Who To Trust With Your Money: The Fiduciary Pyramid, Seaborn Hall, Advisor Perspectives

fiduciary, trust, money

Fiduciary Pyramid: Who
Do You Trust?

How to Know Who To Trust With Your Money II: A Visual Illustration of Fiduciary, Seaborn Hall, Advisor Perspectives

The Bernie Madoff Fraud: Five Lessons For Investors From The ‘Wizard Of Lies,’ Seaborn Hall, Advisor Perspectives

Evaluating The Arguments For The Dollar’s Demise, Seaborn Hall, Advisor Perspectives

How Likely Is Hyperinflation In the U.S.?, Part Two, Seaborn Hall, Advisor Perspectives

Are Cryptocurrencies The Best Investment Opportunity Of The Next Decade? Part II, Seaborn Hall, Advisor Perspectives

Why Bitcoin Is Not In A Bubble, Seaborn Hall, Advisor Perspectives

Quote: “Bitcoin is the face of blockchains and digital currencies. It might be called part stock, part emerging currency, and part commodity. As a kind of stock, Cryptocurrencies have become – to retail investors – the de-facto face of the blockchain they represent, even though at times, a direct correlation cannot be shown.”

 

Resources

Investment Resources

2017 Ranking Of RIA’s By Total Assets, Financial Advisor

CS Commentary: A RIA is a Registered Investment Advisor, generally considered to be at or close to the top of the Fiduciary Pyramid in the investment area. For more, see Common Sense Interpretation, above.

10 Fastest Growing RIA Firms, Wealth Management; Also see, RIA Survey And Ranking 2017, FA

CS Commentary: For an explanation of and the importance of Registered Investment Advisors (RIA), see the ‘Fiduciary’ articles in the Common Sense Interpretation section below.

The Biggest And Best Wealth Management Firms, Investopedia/WSJ

CS Commentary: What’s wrong with this list? Notice they are almost all big banks. Most of the big banks charge ‘hidden’ fees that they don’t tell you about and they also charge larger annual management fees. Independent RIA firms charge an average of about 1-1.25% in management fees, plus, in many cases lower ‘hidden’ fees that they fully disclose. (For an explanation of and the importance of Registered Investment Advisors, or RIA, see Common Sense Interpretation section on this page below).

Why is the WSJ bias towards the larger banks? Very few smaller, independent fee only RIAs – of which there are hundreds of top ones – are featured on this list. At the very least this raises a serious question about the criteria used in this study and ranking; at the most, it raises questions about the objectivity and possible bias of the WSJ. Several rankings around the globe seem much more reliable than these WSJ rankings, among them, Financial Times annual Top 300 global RIA’s ranking and the annual Forbes RIA ranking.

JD Power 2018 Bank Satisfaction Survey, JD Power

Cryptocurrency Resources

How To Secure Yourself Against Bitcoin Theft In 10 Minutes, SFOX, Medium

The Best Crypto Exchanges, May 2018, Cryptoclarified

The Top 10 Cryptocurrency Blogs & Websites You Should Follow, Cryptoclarified

The History Of Bitcoin In One Chart, Kevin Werbach, Medium

Cryptocurrency 101, Ben Yu, Medium

CS Commentary: A good article for the basics on crypto relative to money, in general, but some warnings…See this link for more.

The 10 Commandments Of Crypto Security, Panama Crypto, Medium

Cryptocurrency Regulation Update June 2018, Phil Glazer, Medium

The Crypto Stable Coins That You Need To Know About, Reece Barclay, Medium

State of Cryptocurrencies Summer 2018, Adam Taché, Medium

CS Commentary: An interesting survey of known and little known coins, but highly technical and of more use to self-described crypto-geeks than the average investor.

Understanding The Retail Bitcoin Exchange Coinbase And Its Professional Trading Sister, GDAX, Jack Tatar, The Balance; Also see, Coinbase Vs. GDAX, The Merkle; Also see, GDAX Vs. Coinbase Comparison, Coin Central

Coinbase Review: Safe Way To Buy Cryptocurrency? Coin Central

Kraken Exchange Review, Coin Central; Kraken vs. Bittrex Exchange Comparison, Coin Central; What Is Kraken? Shobhit Seth, Investopedia

 

More Common Sense


Books:

Compromised: How Money And Politics Drive FBI Corruption, Seamus Bruner, Bill O’Reilly Video

Comedy:

Twitter CEO Apologizes For Allowing Conservatives On Platform In The First Place, Babylon Bee

Democrats Slam Trump For Booming Economy, Babylon Bee

Culture:

What Do 90-Something’s Regret Most? Lydia Sohn, Medium

Most Dating Site Members Seek Partners ‘Out Of Their League,’ Greg Gutfeld/Fox News

The Pervading Dishonesty Of Roe v. Wade, Timothy P. Carney, Washington Examiner

How Long Sex Should Last From The Playboy Advisor, Bridget Phetasy, Medium

Health/Fitness:

Spin Class: An Overview And A Checklist, Dr. Axe

The 5 Worst Artificial Sweeteners, Dr. Axe

The Last Conversation You’ll Ever Need To Have About Eating Right, Bittman/Katz, Medium/New York

Movies:

How Tom Cruise Became America’s Last Action Hero, Sonny Bunch, NY Post; Behind Mission Impossible: Cruise Does His Own ‘Insane’ Stunts, Gregory E. Miller, NY Post

Music:

Courtney Hadwin In America’s Got Talent 2018 Quarterfinals, You Tube; Courtney Hadwin UK 2017 Blind Auditions, You Tube

Sports:

MLB Awards Race: Could Go Down To Managers Of Lead Teams In The NL East, CBS Sports; Also see, Calling It Now, Atlanta Braves Win NL East, Mark Bradley, AJC; Also see, Atlanta Braves Youth Movement Continues With New RH Pitcher, CBS Sports

Atlanta Braves’ Acuna Breaks Baseball Record With Homers In 4 Straight Games, UPI; Also see, Atlanta Brave’s Acuna Homers in 5 Straight Games, Fox News; Also see, All 5 Acuna HR’s; Also see, Acuna Youngest Player In MLB To Homer In 5 Straight Games, Bleacher Report; Also see, MLB Rightfully Backs Brave’s Acuna In Taking Anti-Beanball Stance, Jacob Shafer, Bleacher Report

3 Winners, 3 Losers From Falcons vs. Chiefs, Dave Choate, Falcoholic; Also see, Atlanta Falcons Best Players And Predictions For 2018, Joe Gunther, AXS; Also see, Bold Predictions For NFC South 2018, James Parks, 247 Sports

Travel:

Here’s The Best Time To Buy Airline Tickets, Zach Friedman, Medium/Forbes; Also see, Get A More Comfortable Seat In Coach, Rick Seaney, Investopedia; Also see, Airline Ticket Prices: What A Difference A Day Makes, Rick Seaney, Investopedia

Going Back To The Philippines To Retire: A How To Guide, Jean Folger, Investopedia; Also see, Retiring In The Philippines, Pros & Cons, Jean Folger, Investopedia; Also see, How To Plan Your Retirement In The Philippines, Lita Epstein, Investopedia

TV:

The Emmy Awards Tilt To The Left, Brent Bozell/Tim Graham, Townhall;

What To Watch: ‘The Sinner’ And ‘Better Call Saul,’ Real Clear Life

The Recipe For “Narcos” According To The Real-Life DEA Agents Who Lived It, Lee Ferran, Real Clear Life

Quotes Of The Month:

“I offer nothing more than simple facts, plain arguments, and common sense.” – Thomas Paine, Common Sense, 1776

“A long habit of not thinking a thing wrong, gives it a superficial appearance of being right, and raises at first a formidable outcry in defense of custom.” – Thomas Paine, Common Sense, 1776