Markets & After hours

[DSM]

It is your self-doubt and your laziness that define and limit who you are - Robert Kiyosaki

Our limitations and success will be based, most often, on your own expectations for ourselves. What the mind dwells upon, the body acts upon - Denis Waitley

Fear doesn't exist anywhere except in the mind. So if you make up your mind, you can be free of any fear that limits you and lets you move to anything that you wish to be - Dale Carnegie

 

[DSM]

 

[timepass]

Strength comes from NOT doing the bad things that you CAN do, but WON'T,
because your conscience doesn't permit you.

-TP Baba​

 

[DSM]

Bitcoin- A Flawed Faith Based/Emotion Backed Currency

http://www.dailypaul.com/306435/bitcoin-a-flawed-faith-based-emotion-backed-currency

(Another perspective on Bitcoin)

Bitcoin is backed by nothing other than the hope that it might be worth more tomorrow. Bitcoin is like religion. You have to believe in it. You have to believe it has value and you must find a community of believers that also think it has value. Bitcoin has an army of believers and evangelizers who have a vested interest in convincing others that there really is something behind the digital curtain. Faith in Bitcoin is an ideology no different than faith in government; except governments have the force of law to defend their ideologies and currencies. While the dollar is not backed by anything other than the “full faith and credit” of the issuer, legal tender laws ensure its use.

Bitcoin fever is a fool’s gold rush - It is not a currency, and not a good investment

http://www.marketwatch.com/story/bitcoin-fever-is-a-fools-gold-rush-2013-12-03?pagenumber=1

Excerpt :

Until now, I’ve held off from offering an opinion on bitcoin, the most visible and popular of so-called digital currencies, that has some investors frothing at the mouth. I was waiting to see if it was for real or just a fad. Bitcoin, it turns out, doesn’t seem to be going away soon. To the contrary, it’s becoming more popular and well known. There are more than 12 million bitcoins in circulation worth more than $12 billion. And the more people know about virtual currency like bitcoin, the more it becomes accepted, and the more it becomes an option for investors. Read about retailers that offer discounts for paying in bitcoin.

After some investigation, I’ve found that bitcoin is an interesting concept. At best, it’s a digital currency that can facilitate transactions globally. Also, as many of its investors argue, bitcoin offers some protection against potential swings in the U.S. dollar, the currency to which it’s pegged. Even Federal Reserve Chairman Ben Bernanke, whose monetary policy franchise is threatened by an alternative currency, is on board. Last month he told Congress bitcoin has the potential to “promote a faster, more secure, and more efficient payment system” globally. But bitcoin has some serious problems. There’s the volatility. There’s the potential for it to be used in illicit or illegal transactions. There’s the checkered track record. Read: Should you put bitcoins in your retirement portfolio?

As serious as those are, the big problem with bitcoin isn’t the currency itself, it’s who’s buying it and driving up the price. And to be blunt, for the most part it isn’t the people looking for a efficient, safe global currency. It’s mostly the paranoid class of investors. They’re hoarding it to ward off what they believe is coming hyperinflation. They don’t trust the Fed. They don’t trust the government. They don’t trust central banks. In short, they’re the gold bugs.
And gold bugs love nothing more than unorthodox, meaningless investments to protect themselves from the inflation bogeyman. Without a gold standard pegging the dollar, they’ve found a currency that they think will do it for them: bitcoin.

What makes a bitcoin investment even more tempting is its technological dazzle, or what James Surowiecki called the “cool factor.” Bitcoin is “alternative.” It’s new. It’s anti-government, anti-bank. It’s a currency that allows some investors to believe they’re checking out of the economic system.
There’s nothing wrong with that. Hey, after all, we are a free country, right? Except as New York Times columnist Paul Krugman noted, hoarding any currency pegged to the dollar takes dollars out of the economic system. That, of course, hurts growth.

Another serious issue is bitcoin’s rapid price growth. In January, bitcoin was worth $13. More recently, in just 60 days, bitcoin has soared from $211 to $1,242. Along the way, however, there have been significant zigs and zags. As of Monday night, it was trading at around $1,094, according to bitcoincharts.com.

 

[amitrandive]

 

[amitrandive]

 

[Tlahuicole]

Switzerland......

Danbhai estate this is

 

[DSM]

There are no two snowflakes that are similar in nature.... One Russian photographer Alexey Kljatov has captured it in camera by using macrophotography to the minuscule world of snowflakes and he captures the breathtaking intricacies of snow, six-sided symmetry and all. ENJOY!!

http://www.huffingtonpost.com/2013/12/03/alexey-kljatov_n_4373888.html

 

[avny]

Real story happened with famous Heart Surgeon Lt. Dr. Nitu Mandke. He had done many heart operations.

A mechanic was removing the cylinder heads from the motor of a car when he spotted the famous heart surgeon in his shop, who was standing off to the side, waiting for the service manager to come to take a look at his car.

The mechanic shouted across the garage, “Hello Doctor! Please come over here for a minute.”

The famous surgeon, a bit surprised, walked over to the mechanic.

The mechanic straightened up, wiped his hands on a rag and asked argumentatively, “So doctor, look at this. I also open hearts, take valves out, grind ‘em, put in new parts, and when I finish this will work as a new one. So how come you get the big money, when you and me is doing basically the same work?”

The doctor leaned over and whispered to the mechanic…..

TRY TO DO IT WHEN THE ENGINE IS RUNNING”.

 

[avny]

A man was exploring caves by the seashore. In one of the caves he found a canvas bag with a bunch of hardened clay balls. It was like someone had rolled clay balls and left them out in the sun to bake.

They didn't look like much, but they intrigued the man, so he took the bag out of the cave with him. As he strolled along the beach, he would throw the clay balls one at a time out into the ocean as far as he could.

He thought little about it, until he dropped one of the clay balls and it cracked open on a rock. Inside was a beautiful, precious stone!

Excited, the man started breaking open the remaining clay balls. Each contained a similar treasure. He found thousands of dollars worth of jewels in the 20 or so clay balls he had left. Then it struck him.

He had been on the beach a long time. He had thrown maybe 50 or 60 of the clay balls with their hidden treasure into the ocean waves. Instead of thousands of dollars in treasure, he could have taken home tens of thousands, but he had just thrown it away!

Similarly It's like that with people as well. We look at someone, maybe even ourselves, and we see the external clay vessel It doesn't look like much from the outside. It isn't always beautiful or sparkling, so we discount it.

We see that person as less important than someone more beautiful or stylish or well known or wealthy But we have not taken the time to find the treasure hidden inside that person.

There is a hidden treasure in each one of us. If we take the time to get to know that person, and if we ask God to show us that person the way He sees them, then the clay begins to peel away and the brilliant gem begins to shine forth.