Showing posts with label FINANCES. Show all posts
Showing posts with label FINANCES. Show all posts

Saturday, 9 February 2019

SARA OMANIIO COLLECTIONS - A Unique Fashion Trend with Beautiful Ankara Fabrics

February 09, 2019 FINANCES , NEWS 0 Comments

Sara Omaniio Collections is a Nigeria secondary fashion-based manufacturer and distributor of fashion accessories, with the primary intention of adding beauty, candor and style to the looks of lovers of fashion using our very own local Ankara fabrics. Sara Omaniio fashion accessories are often used to complete an outfit or specifically to complement the wearer's look. It has the capacity to further express an individual’s African identity and personality as there are accessories that come in different, shapes, sizes, hues, etc.

Sara Omaniio Collections has a unique style that stand it out from among other fashion houses and collections. It brings freshness and innovation to the fashion industry through the adoption of Ankara. Ankara is adopted not just for its beauty and freshness, but for what it represents in the African culture and for its place of pride in the hearts of the people of Africa and lovers of African culture worldwide. All the accessories are carefully handstitched and are all body friendly.



 Sara Omaniio Collections spread its production across the two major categories of fashion: those that are carried and those that are worn. Traditionally carried accessories include purses and handbags, glasses, hand fans, parasols, umbrellas, wallets, Ladies bags, iPad clutches, bangles, school bags for children and adults. Accessories that are worn may include jackets, boots, shoes, cravats, ties, hats, bonnets, belts, gloves, necklaces, bracelets, watches, sashes, shawls, scarves, lanyards, socks, pins, piercings, ear-rings, and stockings. All the accessories that are “worn” have a touch of our brand “Ankara”. They could be already-made wears like jeans, t-shirts, shoes, earrings, etc made from other fashion houses or those made by our professional designers but it must have our transformational touch of Ankara before it will be worthy to carry the Sara Omaniio collections brand signature.



 The type of accessory that an individual chooses to wear or carry to complement their outfit can be determined by several factors including the specific context of where the individual is going. For example, if an individual is going to work their choice of accessory would differ to one who is going out to drinks or dinner thus depending on work or play, different accessories would be chosen. Similarly, an individual's economic status, religious and cultural background would also be a contributing factor. In Sara Omaniio Collections, we cover the fashion needs of all persons across all social strata and economic status, occasions and events.


 Sara Omaniio Collections produces and delivers souvenirs for any event or program from weddings, burials, political parties events, seminars, summits/symposium, birthday parties, etc across the 36 states of Nigeria and across the borders. All done according to the specifications of the contact person.














Find everything from chic leather belts and eye-catching hats to evocative eyewear from this season’s most sought after designers “Sara Omaniio Collections”

Our Factory is located in Garki Abuaj, how ever we are not far from your reach anywhere in the country, contact us today for a taste that soothe your desire.

By - No comments:
Labels: ,

Tuesday, 3 July 2018

Railway project in Iran to cost Russia €1.2b

July 03, 2018 FINANCES , NEWS 0 Comments
 Railway project in Iran to cost Russia €1.2b 


TEHRAN-The €1.2-billion undertaking for jolt of Garmsar– Incheboron railroad in Iran was formally introduced on Monday, IRIB detailed.

As announced, senior authorities from Iran's Transportation Ministry, the Islamic Republic of Iran Railways (known as RAI), and JSC Russian Railways went to the introduction service which was held through video gathering in Tehran.

The zap of the 495-kilometer railroad which joins Garmsar in the north-focal territory of Semnan to Incheboron in the northeastern area of Golestan, will be financed by Russia.

A notice of comprehension (MOU) for collaboration in this task was marked in December 2016 in Tehran amid the thirteenth session of the Russian-Iranian Intergovernmental Commission on Trade and Economic Cooperation co-led by Iranian Communications and Information Technology Minister Mahmoud Vaezi and Russian Energy Minister Alexander Novak.

In view of the MOU, the task will be worked through participation of Russian and Iranian organizations. It incorporates providing armada and repairing and overhauling whole foundations, for example, tracks, stations, and flagging frameworks along the course.

Iran Yearly puts $1b in Railroad Industry

Talking in the introduction service, Saied Mohammadzadeh, the overseeing chief of RAI, noticed that Iran is every year contributing $1 billion to build up the nation's railroad industry.

As per the official, one of the fundamental objectives of activities like Garmsar– Incheboron is exchanging innovation and learning of electric trains to Iran.

By - No comments:
Labels: ,

Friday, 15 June 2018

Cryptographic forms of money Are Lousy Investments

June 15, 2018 FINANCES , 0 Comments
Cryptographic forms of money Are Lousy Investments 



By Jon Danielsson, Director of the ESRC supported Systemic Risk Center, London School of Economics. Initially distributed at VoxEU 

Are cryptographic forms of money the fate of cash, Ponzi plans, examiners' fantasies, or only a thriving gospel? While there is cash to be made in the short run, this segment contends that cryptographic forms of money are lousy speculations and will in the long run achieve a cost of zero. 

Digital currencies have been a remarkable venture for early financial specialists. A Bitcoin was worth $0.06 in 2010, and $6,500 now, a 11 million percent return. Does it bode well to put resources into digital currencies today? It depends. 

Any benefit can get into an air pocket state. Individuals get it since they anticipate that others will pay a higher cost later on, making a positive input amongst purchasing and costs. Somebody who puts early and offers in time profits, much the same as an early speculator in a Ponzi conspire benefits, if she gets out right on time. 

This leaves two inquiries: 

• What kind of ventures are digital forms of money? 

• Does it bode well to put resources into them? 

The cost of stocks and bonds takes after from desires for future salary. Different resources have esteem basically on the grounds that we trust individuals will get them at a higher cost later on. 

Collectables are in the last class. The Wall Street Journal ran an intriguing story on the danger of putting resources into collectables as of late, "Sad, Collectors, Nobody Wants Your Beanie Babies Anymore": "More than two decades after the considerable Beanie Baby furor, theorists are back, trusting somebody will at long last purchase their floppy collectibles" (Wall Street Journal2018). It is the same with craftsmanship and stamps. Collectable stamps have shortage esteem, with some costing more than $200k. 

Cash is additionally in the last class. Fiat cash, for example, dollars, yen and euros, the type of money utilized as a part of relatively every nation, just holds esteem on the grounds that the issuing national banks and governments are relied upon to oversee them legitimately. 

So shouldn't something be said about digital forms of money? They may bode well, as kept up by Fatás and Weder di Mauro (2018). Maybe, following from Friedrich von Hayek in 1977, they beat fiat cash in the free market. Or then again not, as Fernández-Villaverde (2017) contends. 

The Promise of a 10,000% Return 

Most cryptographic forms of money – like the most well known, Bitcoin – are imagined as another type of cash. The best case for digital currencies, at that point, is a full substitution of fiat cash. So what amount would that be worth? 

It relies upon what we mean by cash. Assume, it is M1, printed cash, and request stores. The aggregate estimation of M1 in the G20 economies is $31 trillion, as found in Figure 1. The aggregate market estimation of all digital forms of money is $235 billion, of which Bitcoin is the biggest at $131 billion. 

Figure 1 The volume of cash in economies with the biggest cash supply contrasted with the four biggest digital currencies, 3 June 2018 

So what is the incentive of cryptographic forms of money? Their fairly estimated worth is around 1% of M1. While we can wrangle about the specifics, the 1 to 100 proportion gives a valuable manual for scale. 

There are three conceivable situations. 

• cryptocurrencies will completely dislodge fiat cash; 

• cryptocurrencies will halfway supplant fiat cash; or 

• cryptocurrencies won't usurp fiat cash. 

Under the principal situation, digital forms of money may expand 100 times in cost. Under the last situation, digital forms of money just have an intelligent terminal value near zero, except if some utilization is found for them that does not include dislodging fiat cash. 

The zero times and 100 times returns are in this way sensible lower and upper limits on the profits a long haul financial specialist can anticipate. 

Adhering to my back of the envelope estimation for the extremes, a long haul, hazard impartial financial specialist will hold digital currencies in the event that she expects the possibility of them completely supplanting M1 to be higher than 1%. If not, she ought to either not hold or think about undercutting, gave the cost of doing as such is adequately low. 

This leaves the middle situation where cryptographic forms of money incompletely supplant fiat cash. Bitcoin is as of now utilized for specific sorts of exchanges. The national banks may likewise begin holding cryptographic forms of money as stores, or expansive retailers like Amazon may start tolerating digital currencies for exchanges. 

Improbable. I don't figure numerous individuals might want to gain their pay rates in dollars, pay lease in Bitcoin, purchase basic needs with Ethereum and remunerate the beautician in Ripple. We need to utilize a solitary cash, one that gives value solidness and simplicity of exchanges. I need to know how huge my month to month contract installment is, and will be, as a small amount of my compensation. This implies utilizing a similar cash for everything. In the event that fiat cash contends with Bitcoin or any of the digital forms of money, one will win. That leaves the two outrageous situations. 


The Two Tests for Cryptocurrency Success 

For cryptographic forms of money to have a desire for making considerable advances into fiat, there are two tests to be met. 

• Cryptocurrencies need to show themselves to be a better innovation than fiat cash. 

• The government needs to enable that to happen. 

In any event today, cryptographic forms of money are mediocre compared to fiat cash on each reasonable paradigm, as I examine in a blog on Vox. 

In any case, the incentive did not depend on today, yet what may happen. Fiat cash is an exceptionally proficient and dug in occupant innovation, and I have not seen any believable projections of how cryptographic forms of money can enhance, and thus beat, the officeholder. 

There are a lot of inverse expectations out there, yet they are either in view of some unique hypotheses of how we should consider cash, PC calculations, or painstakingly picked contextual analyses, not on how cash is utilized as a part of this present reality. 

Additionally, the administrations won't let it happen. 

The Desire and Power of Governments 

Assume, at that point, that I am wrong and digital forms of money are observed to be better than fiat cash, set to dislodge them in the free market for cash. Would existing holders of digital forms of money benefit? 

Very improbable. Such perspectives disparage both the intensity of the legislatures and their powerful urge for this not to happen. 

What may be the administrations' protests? 

• Seigniorage – the benefits the administration gets from printing cash. In the event that cryptographic forms of money turned out to be genuine contenders to fiat cash, somebody will make a benefit. Full fiat removal implies a $31 trillion exchange from consistent subjects to a bunch of theorists. That figure is nearly the yearly GDP of the US and China joined (at $34.5 trillion). No legislature will enable that to happen. 

• The significance of dealing with the supply of cash to suit financial and political requests, both routinely and with loaning of final resort. With a specific end goal to do that, not exclusively does the supply of cash must be variable, it likewise must be under the control of the administration. The settled mining calendar of Bitcoin infers expanding emptying if Bitcoin somehow happened to uproot fiat cash. The cost of that collapse would be a high and superfluous cost. 

Cryptoadvocates may counter that none of these issues since the feeling of the administration is immaterial. Digital currencies live in the internet, outside existing monetary and budgetary structures, far from the long hand of the law. A libertarian heaven. It is then just an issue of when, not on the off chance that, we will have the capacity to approach our every day monetary life purchasing stuff on Amazon and paying in cryptographic forms of money. 

Garbage. Governments have the ability to guarantee cash controlled by them stays lawful delicate, and they will surely do as such. 

Any exchange including fiat cash is observed and controlled by the administration. In the event that it is US dollars, exchanges experience the US installment framework in the New York Fed. Any element that declines to coordinate can be denied access to the installment framework so it can't exchange fiat cash to or from cryptographic forms of money. The US government has not been hesitant in exploiting its save money controls previously and. Doubtlessly it won't be bashful in the event that it sees digital forms of money as a genuine risk later on. 

For whatever length of time that cash remains inside the digital money universe, that isn't too pertinent. Notwithstanding, the purpose of having cash is to spend it. The greater part of our cash is spent inside a little sweep of our home: land, schools, doctor's facilities, markets, beauticians, and so on. These are straightforwardly checked and controlled by government controllers. Shippers can be (and are) required to report any exchange, and can without much of a stretch be precluded from tolerating installment in cryptographic forms of money. Maybe, as somebody let me know as of late, Amazon will acknowledge installments in Bitcoin, however Amazon can without much of a stretch be required to acknowledge just national fiat cash. 

There is a motivation behind why fiat cash is likewise called 'legitimate delicate' and for governments to demand having an imposing business model on printing cash. 

What Is Left Is a Prosperity Gospel 

This does not mean there is no cash to be made. It can be levelheaded to put resources into digital currencies regardless of whether concurring with me that they will in the long run wind up useless. Simply keep close regard for an opportunity to hop and don't be influenced by insight into the past inclination. Likewise take note of that they are additionally around five times more dangerous than the SP-500 file (http://extremerisk.org/). The individuals who have profited so far have done as such up the creek without a paddle, not on account of anything essential. 

As I converse with the cryptoadvocates and read their work, I progressively get the feeling that they are not propelled by a normal investigation of the world yet rather by a relatively religious conviction that digital currencies will both change the world and make them incredibly rich. Any counterargument undermines that perspective, to be expelled like phony news. Talking about digital forms of money winds up likened to debating religion with the faithful. 

Cryptoadvocacy is only one type of success gospel. 

It isn't astounding that such a large amount of the cryptographic money talk skirts on mystery. Customary fiat cash
By - No comments:
Labels:

Tuesday, 12 June 2018

The Campaign #PaywithLitecoin (LTC) Places Amazon, Ebay, Apple, 7 Others In Top 10 Most Requested

June 12, 2018 FINANCES , 0 Comments
The Campaign #PaywithLitecoin (LTC) Places Amazon, Ebay, Apple, 7 Others In Top 10 Most Requested


The #Paywithlitecoin battle is making a decent attempt to make Litecoin applicable and embraced by huge organizations on the planet. At the beginning of the crusade, which kickstarted when Verge (XVG) collaborated Pornhub. Amid this time, the author of Litecoin (LTC), Charlie Lee prompted PornHub to incorporate huge coins like Bitcoin, Litecoin and Ethereum, rather than enabling Verge to corner Porn industry.

Presently subsequently, Litecoin battle began winning the hearts of huge firms, first was the appropriation of the coin by TapJet, SurfAir, PornSite.com among others.

Presently, on the recently disclosed site of #PayWithLitecoin, where data on the best way to help Litecoin is scattered, the stage has featured enormous organizations whom Litecoin fans requested that they begin supporting Litecoin.

Among the huge organizations are Amazon, Ebay, Starbucks, Seamless, Uber, Apple, Netflix, Walmart, Lyft, and Spotify.

The enormous firms are presently going to be romanced by the Litecoin group, nonetheless, Verge is additionally peering toward Spotify with a crusade on Twitter.

In a tweet by Cees Van Dam, Verge's center part, who is responsible for enrollment and online networking, he asked for that Verge people group vote and battle for Spotify to embrace XVG.

"#vergefam, enable us To skirt being included as an installment alternative @Spotify. It would be ideal if you retweet yet help us out, tap on the connection, vote en ideally include your remark. Together we can do it!https://bit.ly/2HVrBhj #xvg #Massadoption $xvg @vergecurrency"

Additionally, the tweet intimated that there is promise for Spotify on the off chance that it embraces Verge because of the regarded organizations it has banded together with, among which is Mindgeek, a secretly held organization that claims and works more than 85% of all the grown-up media outlets sites and applications.

In a similar line, Ripple people group are requesting an organization with Amazon, Ebay, and even Uber.

While it is seen that Litecoin has high grounds with those organizations, there is still plausibility that little crypto commandeer the move.

The #PayWithLitecoin Campaign will be a standout amongst the most remunerating activity by the Litecoin establishment. In a brief span that the thought was conveyed to the online networking, around 5 major firms have flagged they are receiving or have embraced the cryptocoin.
By - No comments:
Labels:

Tuesday, 3 April 2018

BTC Futures Behind Crypto Pump And Dump Cycle

April 03, 2018 FINANCES , 0 Comments
 At the point when BTC Futures were presented by CME and CBOE, most Bitcoin and digital currency nationalists were over the moon. Try not to misunderstand me, this was an awesome achievement, something which is useful at the cost of BTC and digital forms of money over the long haul however what most new financial specialists disregarded was the component of control.

Presently how does that function? It's very basic really. Suppose you are a whale. Along these lines, you go and you purchase Bitcoin. You advise your whale companions to purchase Bitcoin. You push the cost to a mental level like $20K. At the point when everybody in the news begin discussing Bitcoin's illustrative development and how this is undesirable and simulated, you go to CME and CBOE and you purchase BTC Shorts. You advise your whale companions to do likewise. When you all are done, you begin dumping efficiently. In the mean time, you and your companions are disposing of your Bitcoin while making a fortune on your BTC Shorts. When you have sold your BTC and changed out on all your BTC Shorts, you take all that Original Money + Your Profits and you purchase more BTC to begin the Next Pumping Series. You continue pumping the cost deliberately, this opportunity to another high. At the point when the pinnacle is achieved, suppose at $50k or $80k, you go again to CME and CBOE, you purchase BTC Shorts and you begin dumping your BTC. Do this process again.

Presently as should be obvious this is useful at the cost of Bitcoin and different digital currencies long haul however don't wrongly think that you can profit both ways unless you are a market creator. All in all, what would it be a good idea for you to do? Purchase low, at the base and offer high, at the best. It's vital to focus on specialized investigation and news yet what's more imperative is a decent comprehension of market brain research.

Examples and arrangements on graphs don't frame without anyone else especially in controlled and unregulated markets. There is a ton of discuss the requirement for direction and control which would profit the normal financial specialist yet the reality of the situation is that speculators with enormous cash and greater impact don't need control, in any event not yet before they are finished shopping. It is nothing unexpected that the principal plunge happened on the extremely same day BTC Futures appeared. Examiners who are requiring a bear showcase ahead are feeling the loss of the basic component of "plan". You need to ask yourself, "Cui bono?" or "Who Benefits?"

It isn't in light of a legitimate concern for anyone to execute this amusement. The current 70%+ adjustment influences a decent plausible excuse for the following bull to run and huge budgetary foundations can by and by profit both ways. They know that digital forms of money are digging in for the long haul and much like denial, if cryptographic forms of money are banned, their request will just increment. Understanding this, they are set up to join the amusement yet before they hop into the pool they have to alarm the little folks. Placing things in context, I would state they have completed a great job of it up until this point and it is just a short time before they fill their pockets and after that open the conduits to push Bitcoin and altcoins to their new highs for 2018.
By - No comments:
Labels:

Bitcoin - A Possible Triple By The End Of The Year

April 03, 2018 FINANCES , 0 Comments

A considerable measure has happened to bitcoin since my December 10 article. It appears like bitcoin (Cryptocurrency:BTC-USD) (COIN) (OTCQX:GBTC) bears got the decrease they were sitting tight for. In the wake of surging almost 1300% out of 2017, bitcoin topped at $19,343 on Sunday, December 17, 2017 and bottomed 69.2% lower at $5,957 early Tuesday, February 6, 2018. It was by all accounts making a rebound, surging to $11,480 on March 4, preceding diving again to $6,444 on April 1. Is bitcoin a transient purchase now? Why has bitcoin fallen to such an extent? Did the bitcoin bubble pop? Where will bitcoin's cost be toward the finish of this current year? I give refreshed models and a refreshed Elliot Wave diagram. Further, I investigate the estimation of bitcoin as a money.

Is bitcoin a fleeting purchase now?

Indeed. Construct exclusively in light of the 1-year specialized diagram of NYSE Bitcoin Index (NYXBT), bitcoin looks an incredible here and now purchase with the W%R at - 100.00 (amazingly oversold and the most minimal perusing conceivable) and the RSI at 33.20 (nearly oversold). The cost is at its 200-day moving normal, which could be critical help. The cost is likewise close to its lower Bollinger Band, a conceivable purchase flag, and has shaped a bullish twofold base.

Why bitcoin has fallen so much, and are fears exaggerated?

Bearish news of governments potentially prohibiting bitcoin was one of the greatest feelings of dread paving the way to the digital currencies huge dive. On September 8, bitcoin dove on news of bans by Chinese trades, yet that dread was later topped by the administration enabling bitcoin to exchange over-the-counter. On November 8, India additionally prohibited bitcoin as a money however grasped blockchain innovation. At that point on December 13, South Korea intended to prohibit banks from managing digital currencies. Bitcoin crested on December 17. In any case, unless all nations around the globe boycott bitcoin, it will make due by moving starting with one nation then onto the next. The following is the trade dispersion volume as of April 1, 2018. As appeared in the chart, Japan makes up 45% of all bitcoin exchanges, the U.S. makes up 37%, and the eurozone makes up 15%, implying that whatever remains of the world just makes up 3% of all bitcoin exchanges.

Summary

While bitcoin has fallen a lot, it has likely hit the bottom.
The many models I provide give different price targets for different times, but the common targets seem to be about $25,000 by the end of the year and about $91,000.
We could see a spike to $74,000 by early September, or even a spike to $130,000 by mid 2018, or we could just get $20,000 by midyear.
By - No comments:
Labels:

Litecoin surges after the CEO of an American Express-backed crypto startup explains why it's moving away from Bitcoin for smart contracts

April 03, 2018 FINANCES , 0 Comments
Litecoin surges after the CEO of an American Express-backed crypto startup explains why it's moving away from Bitcoin for smart contracts


LiteCoin rose as much as 15% Tuesday after Abra, a high-profile crypto startup backed by American Express, doubled down on its decision to use litecoin's smart contracts feature to power the company's exchange and wallet products.

"We went with Litecoin as the second asset class, after bitcoin, for our smart contract investing solution for 3 primary reasons: 1. commitment to bitcoin compatibility: core roadmap, p2sh support, lightning support, etc; 2. slightly better scalability than bitcoin in short term (block size and block times); 3. mining fees which are primarily a function of #2 although this is more of a short term benefit as mining fees would likely sky rocket if we're successful anyway!," Abra CEO Bill Barhydt said in an "ask me anything" on Reddit Monday afternoon.

The shift was first announced at the end of March, but gained more attention following Barhydt's AMA on Monday.

Abra has raised $40 million in funding so far, including an undisclosed amount from American Express, Fidelity's venture capital arm, and Foxconn, the Asian manufacturer of parts for Apple. It also recently expanded its offering from bitcoin and ethereum to its current suite of 70 crypto and fiat currencies earlier this month.

In an interview with Business Insider in March, Barhydt said the crypto market will boom once again in 2018 as appetite grows for so-called altcoins.

"People are really interested in altcoins, what's going to be the next big thing," he said. "We weren't expecting the growth to be this fast."


By - No comments:
Labels: