Waching daily Sep 4 2017

Why Bitcoin is Down and Alts?

NEO Fud.

South Africa, Tanzania, and Kenya.

All prices are given in USD.

This is just my personal opinion.

As always feel free to comment or scrutinize.

Hello everyone.

My name is Nick, the host of Sobuka where I give commentary and opinions on what is

going on in the cryptocurrency industry with respect to the southern and eastern hemisphere.

On this channel, myself and others like Brian and Laura are always looking for ways to make

our content and interaction better with the audience.

Suggestions are definitely appreciated.

So the area that I will cover today relates to Tanzania, South Africa and Kenya which

I covered briefly in my Bitcoin Flash report.

Understanding the cryptocurrency market in these regions should help broaden one's global

perspective when it comes to cryptocurrencies.

But first I will look at some market anomalies in the cryptocurrency space because most cryptocurrency

have lost more than 50% of their value from recent high.

Today I will look at several reasons why Bitcoin is down.

I will also look at this FUD or confusion surrounding NEO.

So guys stay tuned.

For Full YouTube Video: Click Here

Bitcoin is Down

Starting with Bitcoin, we have about a $500 or more pullback in the cryptocurrency.

What I can sense right now from the things that I read and watch is just profit taking

and people is Asia afraid of this ICO ban from the Chinese banks.

And typically when prices like this surge higher and higher like for the past few fews,

you do have times like this for a cool down period.

And it was not just Bitcoin that took a hit this past weekend and even today.

You have top cryptocurrencies that fell like Ethereum and Litecoin.

However, what is impressive is that Litecoin has been holding steady in about the $70.00

region while some cryptocurrencies have taken a 50% hit or more.

And this was prior to Litecoin trying to hit $100.00.

I was looking at Litecoin from Coin Market Cap, and the highest price it reached this

period was actually $91.32 which is very impressive.

Okay so the following reasons that I have on why Bitcoin is down this past week is due

to the following.

The first reason as I just talked about, relates to profit taking and this ICO ban coming from

China which basically has spooked the whole asian market.

And when Asia panics, prices start to tumble.

The second reason is the fear of more government regulation and scrutiny over cryptocurrencies.

You have countries not just in the US but China and other nations in Eastern Europe

having to post warnings on some of the ICOs out there.

My own personal opinion is that we need regulation but not to a point where it stifles innovation,

growth, and development.

So what do I mean by that…

There has to be a balance between all the various stakeholders involved.

This includes you and me in addition to the companies and governments interacting within

this space.

But I think most people can agree that most of these ICOs should be scrutinized to determine

if there is fraudulent activities and involvement.

Now I am not sure how new policies will look because again anyone can come up with their

own version of Bitcoin.

I do think the public has to be made aware of the various alternatives out there and

perform their own research.

I can give you my some of my personal advice on what I look for in an ICO.

I want to know exactly who is involved and to what extent.

I also want to know if there are any companies backing the project.

As a person who has been in this space for a few years, I can tell you that it is important

that new investors coming into the crypto market must learn and try to understand the

people and characters involved in the space along with integrity.

And I bring up integrity because there are some bad people and actors in the market that

you should avoid.

And I will not name names but I would ask you the viewers to do research on coins, tokens

by just typing 'scam icos, coins, etc…"

into you Browser and simply ask around the crypto market space on what people think about

these companies..

Via btc_joe @ Twitter So those are my two main reasons.

If you guys have any ideas, please let me know as well.

I definitely would like to know you think.

I also want to say that I watch this show on YouTube called the 'Crypto News Network.'

There is a guy named Vinny Lingham.

He was on the show this past Friday and stated something to the effect of mentioning how

Bitcoin needs to be boring.

He says he enjoyed the days when no one really talked about Bitcoin when it was relatively

flat.

Today with Bitcoin moving up in price, he finds himself always having to stay glued

to his computer.

And quite frankly, I also feel the same way.

With the price action on all these cryptocurrencies going higher and higher, everyone including

myself is having to constantly keep up with the news, headlines, and all the government

involvement out there.

To a certain point, it gets too much and so one has to take a break for awhile, breath,

and get re-energized.

**NEO Fud

And talking about taking a break, I think it's time we dive into the Matrix by talking

about NEO.

There was a whole bunch of FUD this past week surrounding NEO.Turns out the start of the

FUD may have originated from Coin Telegraph, which is an online news media that focuses

extensively on cryptocurrencies.

Coin Telegraph mentioned in one of their articles how the Chinese crackdown on ICOs will impact

NEO.

So when this news came out, it first resulted in a snowball effect that cascaded to online

news outlets and YouTubers who were obvious Ethereum fans.

They all started touting and bashing NEO.

I thought this whole NEO news at first was interesting or fascinating because the Chinese

government never said anything about cracking down or eliminating all ICOs initially.

But anyway, this whole news brought the price of NEO down to where it is now trading around

the $20.00 region.

And what I find interesting is that Coin Telegraph had to come out again with another article

on how the Chinese regulation will be good for NEO.

I think what Coin Telegraph was trying to do was amend things there.

So if you have been keeping up with news coming from my channel, this is the same exact stuff

that I posted last week.

I mentioned how the Chinese regulation would help the cryptocurrency eco-system because

it makes bad actors think twice, and it would also force people and companies looking to

create their own ICOs to follow a blueprint, model, and go through certain checks.

And maybe not ask for an insane amount of money.

This regulation brought by the Chinese government in turn would help NEO because new ICOs that

want to create smart contracts on NEOs platform will have go through some vetting process.

This would weed out ICO bums looking to jump into the cryptocurrency market, create their

dummy smart contracts, and place it onto a billion dollar platform like NEO and just

sit there idle, eating up bandwidth that more qualified ICOs could have gotten.

So in a way, a regulation like this from the Chinese government lessens inefficiencies

in the market.

Via btc_joe @ Twitter And this whole Fud stuff that goes around

in the cryptocurrency space should make people aware about the cryptocurrency environment.

There are bad actors out there that will run with bad news and place even more factious

headlines to be disseminated by the public who do not know what they hell is going on.

And so what you had this week was some Ethereum people trying to use NEO fud to go against

NEO.

And there was also Bitcoin people out there guilty of doing this.

To think that the Chinese government would ever do something to tout innovation would

be like the Japanese stop producing electronics.

It would be utterly mind-boggling and silly.

Via btc_joe @ Twitter So let's take a break from NEO and talk

about what is going with cryptocurrencies with respect to Africa where it's used mainly

for remittances.

But what I find funny is how these different markets view cryptocurrencies.

You have Asia where its mostly speculative.

In the US and west, cryptocurrencies are seen as an investment.

An in South America and Africa, Bitcoin is used for remittances.

In Eastern Europe, cryptocurrencies are seen as tech startups.

But turning our focus back to Africa, I will now start out with South Africa, where a headline

came out on how residents of that country could be paying up to 35% more for Bitcoin

in that region.

The article mentions the reason for this is due to the lack of supply of Bitcoin.

So what buyers have to do is make deals with sellers for Bitcoin at a high premium.

And I understand that this is bad news for buyers out there as issues like this in a

"free market" should foster more competition.

And I would say for anyone out there is South Africa who is having to pay a 35% premium

on Bitcoin to please do research on other exchanges out there.

Paying 35% premium is crazy.

If Internet access is not reliable, then I would go old school and ask around.

But before I deliver on more suggestions, please make sure you follow the laws of your

government.

If you are not allowed to transfer Bitcoin to certain places, then do not do so.

This channel does not advocate that you break the law.

So with that said, if you have Bitcoin, you can transfer the currency literally anywhere

as long as you have an Internet connection.

There are plenty of folks online who would be interested in buying and selling bitcoin.

But I know in some places in Africa, it might be tough to do so as internet access is some

places is not reliable or it is very expensive but with the advent of cell-phone technology,

I think we will see this Bitcoin problem in South Africa slowly start to correct itself.

And a price premium of 35% should incentivize more companies and exchanges to come and invest

more into South Africa.

I know there are definitely a couple of exchanges out there like ICE3X that offer not just Bitcoin

but also Ethereum and Litecoin at a decent price.

And given how South Africa pretty much leads the in terms of GDP, I cannot imagine how

or why there are some people paying this high premium.

It just does not make any sense to me.

If there is anyone in South Africa listening to this and if you have any thoughts of what

is going on, please let me know the situation within that country, I would be glad to understand.

You can simply leave something in the comments section, and I promise to get back to you.

And still on Africa, this now brings me into news about Kenya.

An article about Kenya reads "Bitcoin Payment Firm BitPesa Secures Greycroft As Lead Investor

For $10 Million..."[3] For people who do not know BitPesa, they enable companies to

make payments to and from Africa.

This move comes at a time where cryptocurrencies is becoming more popular in Africa where people

use it as a means to trade, given how their local currencies is more suspect and inflated.

If you have being paying attention to my channel, this move should not be a surprise as a few

more cryptocurrency exchanges have recently jumped into the African landscape in the past

several months.

And though the Bitcoin trading volume at these exchanges are relatively small in size, one

cannot ignore the growth and the need for better transaction systems in the African

region.

Also the concept of Bitcoin being a store of value comes very handy especially when

one's own currency gets devalued overtime.

And it's not just BitPesa making moves in Africa.

You have foreign companies from places like India, for example Bitfrics looking to set

up an their exchange within the region of Kenya.

Bitfrics was even as bold as to state that their goal is to have 1 million new African

customers within the next several years.

And lastly I want to cover news from Zimbabwe & Tanzainia where Llew Classen, the Bitcoin

Foundation boss urges cautious investment in cryptocurrencies.

Llew urges that people should invest no more than they can afford in the crypto space right

now.

He was speaking at a TEDGlobal conference in Tanzania about the potential for Bitcoin

in Africa.

And in fact I have to agree with him.

With so much investment in cryptocurrency technology in Africa, folks need to be more

cautious.

And even with Bitcoin at its current price, there are people buying this cryptocurrency

at it's all time high for fear of missing out which I can understand.

But the mentality of people buying into this space at such a high cost, a huge chunk are

new investor pouring a lot of money into the space.

Therefore when there is panic, you typically have huge flight away from Bitcoin and money

moving out of the system and back to fiat.

And hence this is the reason we see a major price correction like today.

Currently there is definitely Bitcoin activity going on the area of Zimbabwe and Tanzania.

It is nothing to get excited as I think the volume as of today is about $4k which again

is nothing to boast about.

But relatively speaking, the year over year Bitcoin volume in that region has steadily

increased which I believe would make a strong bullish case.

Alright...That's all I have for this segment ladies and gentlemen.

If you want me to look at any specific country in detail as it relates to cryptocurrencies,

please let me know.

My only restriction is that the country must be in the areas I cover on this channel such

as Africa, Latin America, Middle East, and South Asian Pacific.

And lastly, If you like this content, please click the Like button on YouTube.

You can also Upvote/Re-Steem this content on Steemit.

For new people, you can also choose to follow me here on Steemit or subscribe on YouTube.

So please feel free to post your questions below.

And I promise to get back to you all.

For more infomation >> Why Bitcoin is down? Neo Fud. South Africa. Tanzania. Kenya - Duration: 10:11.

-------------------------------------------

What is your Dopey Dream? - Duration: 2:19.

I know you are wondering - what am I talking about?

But I seriously am talking about Dopey of the Seven Dwarfs.

He's my dream job.

Seriously.

Wouldn't it be cool to be Dopey at Disney World?

Think about it.

You get a behind the scenes look at Disney.

You don't have to talk while you're in costume.

Kids love you, and if they don't, their parents take them away.

And nobody is calling you to tell you something is broke.

You see.

I work in Information Technology and normally when people call, it's because something broke

or they need something right now.

A couple months ago my boss announced his retirement, and he started to do a brain dump

of everything he knows, which is a lot.

So after every meeting, I was always kinda like - can I just be Dopey at Disney World

and not have to worry about all this?

And on his last day, he gave me Dopey.

And in the tag, he wrote to "Follow Your Dreams".

And, yes, he made me cry.

And yes, I was a hot mess for about an hour or two.

And then I realized it's not about being Dopey, it's about having the freedom to choose a

job like Dopey.

For me, that would be a job for fun.

I'm not going to work as Dopey to play bills or save for retirement.

I would be Dopey because I have the time freedom and the financial freedom to do whatever the

hell I want.

And maybe that's Dopey.

Maybe that's something else.

So do you have a Dopey dream?

Is your dream to retire at 65 or is your dream to be financially free way before 65 so you

can do whatever the hell you want.

It doesn't matter how old you are or how young you are, you need to follow your dreams.

You need to have a dream.

So - what is your Dopey dream?

For more infomation >> What is your Dopey Dream? - Duration: 2:19.

-------------------------------------------

Why A.A. is a Religion (Alcoholics Anonymous) - Duration: 2:01.

Hello. In this short video, I will explain why Alcoholics Anonymous, commonly known as A.A., is a religion,

based on the majority opinion of the New York Court of Appeals in the United States.

The court boldly stated, "Adherence to the A.A. fellowship entails engagement in religious

activity and religious proselytization."

What are those activities?

First,

"Followers are urged to accept the existence of God as a Supreme Being, Creator, Father

of Light and Spirit of the Universe. [...]

While A.A. literature declares an openness and tolerance for each participant's personal

vision of God ('as we understood Him'),

the writings [...] express an aspiration that each member of the movement will ultimately

commit to a belief in the existence of a Supreme Being of independent higher reality than humankind."

Second,

"In 'working' the 12 steps, participants become actively involved in seeking such a

God through prayer, confessing wrongs and asking for removal of shortcomings."

Finally,

"A.A.'s [book] 'Twelve Steps/Twelve Traditions' […] describ[es] the spiritual evolution

of atheists and agnostics through working the 12 steps."

The court quoted from the book, "In Step Three, we turned our will and our lives over

to the care of God as we understood Him.

For the time being, we who were atheist or agnostic discovered that our own group, or

A.A. as a whole, would suffice as a higher power.

[… However, later] we could predict that the doubter [would eventually]

love God and call Him by name."

In conclusion, Merriam-Webster defines religion as "a system of religious attitudes, beliefs,

and practices."

Because Alcoholics Anonymous provides such a system of religious behaviour, it is a religion.

The transcript for this video and supporting links are in the description below.

For more infomation >> Why A.A. is a Religion (Alcoholics Anonymous) - Duration: 2:01.

-------------------------------------------

Life is a Marathon - Not a Sprint - Duration: 4:10.

what's up world welcome back to lifefixx!

in this video - life is a marathon.

Not asprint

So when I was a young laddy

I used to participate in track and field events

at my elementary school. Events that you would see in Summer Olympics like high

jump, long jump, hurdles, long distance running, 100 meter sprints, things of that

nature. Basically any event that didn't require

my school to actually spend money on anything.

I remember I was a pretty fast runner.

In my grade I was able to outrun almost everyone. But only when running

short distances. Sprinting. I was very good at quick bursts of energy for a

short period of time. But when running a marathon, long-distance running type of

events all the kids in my grade that I could sprint faster than would cross the

finish line like way before me. And I got I got really upset about this.

Because despite me really wanting to come in first place,

and despite stretching before, making sure I was properly hydrated,

intentionally sabotaging the other kids, everyone would always pass me.

I didn't come in last but I came pretty close.

So ...Why am I telling this story? Well I like

stories. And I think this is a great analogy for life. Not to toot my own horn

but I like to dream big. I have a huge imagination. I'm very creative. Very

talented. Very clever. But my problem is I sometimes have trouble following through

all the way to the end. Sometimes I come up with this great idea, I get super

excited about it, I shift myself into overdrive, put all of my time, energy and

focus into trying to bring my idea to life. Which is great because I usually

get off to a really good, promising start but rather than sustaining that initial

drive and seeing it all the way to the finish line of success, I burn myself out.

Run out of steam. Get demotivated. Lose interest and eventually I give up. It is

very frustrating. Like seriously it actually fucking sucks. Because after going

through this process over and over again in my life, and seeing the same patterns

repeat themselves, it just leaves me feeling like - What the fuck

is the point of me investing my time, money, and effort into anything, if it's

all just gonna fall apart in the end. And quite truthfully, I still don't have that

figured out. I guess some people are just long-distance runners and some people

aren't. so fuck you marathon runners but I bet I could beat your ass in a race to

the refrigerator. Now what sucks for us speedy sprinters is life is a marathon.

It's not a sprint. Anything worthwhile to have takes a while to get. And anything

that happens overnight probably isn't going to be around for very long.

There is no such thing as get-rich-quick schemes. There's no such thing as love at

first sight. Don't tell your wife that. All the most valuable things in life are

built slowly and gradually over time.

So... the point that I'm trying to make with this video ...

is sometimes in life you are standing at the start line with your

eyes on the finish line. And you just want to get from A to B as fast as

possible. But along the way there is going to be obstacles, distractions and

difficult situations that might take you off your path. But the fastest way to

success in life isn't speed or strength. It's endurance and patience.

so if you have huge life goals or hopes and dreams that you are trying to achieve,

don't hang up the towel if it doesn't happen overnight.

Because most likely it's not going to!

If you just pace yourself and keep your eyes on the prize, don't let

anything or anyone take your eyes away from that prize.

Eventually you will succeed

well that's it folks. do you agree? Do you disagree?

Let me know down below.

And please like this video and share it with your friends!

thank you very much for watching and subscribing!

until next time... stay high world!

Peace!

For more infomation >> Life is a Marathon - Not a Sprint - Duration: 4:10.

-------------------------------------------

What is Azure Active Directory? - Duration: 1:25.

Hi, and welcome to this course

on Azure AD Security.

My name is Christopher Jackson,

and I'll be your instructor.

In this lesson, we'll look at an overview

of everything you can expect to learn in this course,

which includes Azure Active Directory

and cloud security principles in general.

This course assumes you're already familiar

with the fundamental Azure infrastructure concepts

and have had hands-on experience

navigating the Azure portal,

and deploying basic solutions and services.

This course also assumes you understand

the basic concept of Microsoft Windows Active Directory,

but by no means will you need to be an expert

in administrating a domain controller, for example.

This course is designed to help you learn

to secure your Azure environment using Azure AD.

This course is suitable for anyone working with Azure AD

or acting as a security engineer in the cloud.

We have four main objectives for this course.

Number one, understand the basics of Azure AD

and its purpose.

Two, learn to securely manage users,

groups, and applications.

Next, learn secure methods to integrate Azure AD

with on-premises, and finally gain a basic understanding

of identity management capabilities of Azure AD.