Why is Markethive success so highly likely it is almost a guarantee?

Why is Markethive success highly likely?

Simply because there are four key criteria that determine success in business.

These are criteria that successful venture capitalists use to determine whether or not they will invest in a company.

1)  The company must have a product that people like and even love.

It is abundantly clear from any visit to the Markethive newsfeed that Markethive users love Markethive.  What else is there to be said here.?

2) The Company Must Solve a Real Problem that Large Numbers of People Share. 

There are literally millions of people who are thinking about becoming an entrepreneur or small business owner, either full or part-time.  Markethive uniquely serves the interests of this large and growing community in a multitude of ways.

3) The Company Must Have Experienced Leadership

The Markethive Leadership has quite literally a lifetime of experience in business, marketing, tech and customer support.  I have never seen such an experienced team in charge of a company that still technically in beta.  Not to mention that Markethive is already profitable, and poised for explosive growth.

4) The Company Must Have an Advantage Over the Competition

Hands down Markekhive is a multi-faceted network like no other.  It bears similarities to other social network and lead generation systems, but has so many features and benefits it stands head and shoulders over the competition.  It actually has a completely unique combination of features of many different types of social networks and cryptocurrency models.

Join Markethive with your submission of the simple email address and cell phone verification.  This could be the best zero-cost investment you will ever make.  

Click on this link to access your FREE Markethive system with a FREE Airdrop of 500 Markethive coins.

https://markethive.com/jonlomb/page/jonlomb

 

 

 

David

Bitcoin Pullback Nothing to Worry About, Bull Market Will Follow

Bitcoin Pullback Nothing to Worry About, Bull Market Will Follow

Every time Bitcoin dumps a double digit percentage panic floods the crypto community and the doom merchants start rejoicing. This has happened so many times before and every dump has eventually turned into a sustained rally. Nothing is new this time as previous corrections have shown.

Bitcoin Market in 2013 Compared to Now

Observing previous market movements may help us predict the current one. Naturally things are very different in 2019 than they were in 2013 but the chart patterns show similarities. Back then Bitcoin was largely a plaything for geeks with mining rigs made out of gaming PCs in their garages. Today it supports a multi-billion dollar industry but the volatility remains.

One thing that is guaranteed with Bitcoin is price corrections. When it surges things happen fast but when it corrects the price drops even quicker. At the moment BTC has corrected 42 percent from its high this year. A correction of this magnitude had been predicted by many a couple of months ago and it was largely expected by analysts that prices would drop to $8k.

Trader and analyst Josh Rager has been looking at previous corrections and noted that this one is relatively minor in comparison.

“2013: Bitcoin bull market pulled back 75% over 89 days before a 1600% run-up to new highs later in the year.

2019: Bitcoin has currently retraced 42% over 91 days,”

Compared to a pullback of 75% this current correction is ‘no big deal’ he added. Rager also expects price to fall further and eyed the mid-$6,000 region in a more recent tweet.

“IMO, the lowest $BTC will hit: between $6300 to $6600 where there is major interest. Price currently bounced off monthly support & if this area breaks could head to $6600 – based on higher time frames,”

A drop to $6,500 will mean a correction of around 53 percent which is still less than that of 2013. In 2018 BTC corrected a whopping 84 percent from its all-time high to the low just below $3,200 in December.

So far this year Bitcoin is still up 110 percent and the predicted plunge deeper will still keep it 70 percent higher than January’s prices. Corrections provide buying opportunities and traders and investors around the world know this.

It is very difficult to catch the bottoms to buy and the tops to sell so getting somewhere close should be good enough. It seems that traders are aware of this and are holding off buying in at $8k where many expected as further losses now seem very likely.

Those looking at the big picture would have simply been accumulating this year and will continue to do so during this correction. Granted, there has been the biggest weekly dump since early 2018 and many have gone into manic mode – the fear and greed index is a good indicator of this – but this has all happened before, and will all happen again.

 

Martin Young

David

Mark Yusko – Everyone Should Be Purchasing Bitcoin

Mark Yusko – Everyone Should Be Purchasing Bitcoin

 

When it comes to bitcoin, most analysts seem split right down the middle, with some like Warren Buffett telling us to avoid it all costs, and hedge fund manager Mark Yusko telling us to buy it at all costs.

Yusko: BTC Is an Important Asset

In a recent interview with CNBC, the CEO of Morgan Creek Capital told his listeners to “buy it” when it came to bitcoin and said that we should not be thinking about the recent price drops. He said that while all assets will fluctuate, bitcoin is still in its development stage, and the user base, while it’s growing steadily, is still relatively small.

This, he says, is a major advantage for investors, particularly for new ones, in that they’ll still be one of the early figures to get involved in cryptocurrency, thus heightening their chances to build wealth in the future. He commented that the price of bitcoin “doesn’t matter,” and says that the focus should not be on what’s happening today.

Last summer, when the currency was trading at roughly $12,000, Yusko said he was confident the asset could potentially reach $30,000 before the next major pullback. He’s certain that pullbacks tend to occur regularly; you just need to know how to read them. Granted you don’t sell your stash before it occurs, the best idea could be to sit and wait, as every asset must go up before coming down again.

His advice seems to go against several bitcoin notables including Tom Lee of Fundstrat fame, who just yesterday was quoted as saying that right now is a very bad time to be trading or buying bitcoin. Lee appears more affected by the price than Yusko does and commented that until the S&P goes up, bitcoin has zero chance of breaking out.

This is coming from the man who despite 2018’s numerous bitcoin crashes, predicted repeatedly that the currency would end the year in the $15,000 or $20,000 range. Lee later stated that bitcoin could potentially end 2019 at $40,000 per unit.
 

Crypto Making a Comeback?

At press time, the currency has recovered somewhat from the recent bloodbath that knocked several digital assets down by anywhere between six and 23 percent. Bitcoin fell by roughly 11 percent within a few short minutes, dropping from the mid-$9,000 range to about $8,100. It later fell below $8,000 and was trading at approximately $7,868 during today’s early morning hours. It has since hopped back up to about $8,030.

Ethereum, on the other hand, has risen by about ten dollars since its recent fall, currently trading at $167 per token. It’s a welcome change from the dismal $157 it was trading at roughly 48 hours ago, and while there’s still plenty of room for improvement, it’s nice to see all the major coins working hard to return to their previous marks.

 

NICK MARINOFF · SEPTEMBER 27, 2019 · 3:00 PM

David

10 things that will make you a better entrepreneur

10 Things That Will Help You Become a Better Entrepreneur

We all want to become more engaged, more productive, and more successful in our endeavors, but what are the ingredients that will propel us to the results we want to achieve?  Follow these tips to achieve your dreams in whatever endeavor you choose.

1. Find your passion  –  Find something that you really love to do, and make it your mission as well as your business.  

Ideally, it should be something that you have found a talent for, but it may be something that because of your drive, will allow you to develop that talent.  If you love what you do, you will not give up on it, even when others might get stressed-out or tired of it. You will always have fuel in your tank for something that inspires you. This has also been called finding your "why". 

2. Get gritty and persevere

There will always be obstacles and difficulties in your way.  If it were easy, then everyone would be doing it, right?  Determine that you will not give up and have the guts to work through problems until you find the solution.  You will be among the top 5% and completely separate yourself from the pack in your field if you have this kind of persistence

3. Think and pray deeply about major decisions and trust yourself to make the right choices.

Pray first before you make any important decision.  Even if you don't consider yourself to be a religious person prayer can mean the difference between success and failure. Trust me on this.  Whether or not you believe in God, you have literally hundreds and even thousands of ancestors in the spiritual world that are aware of your life on earth, because your life is connected to theirs. They are concerned about your happiness and your success.  Most of all they want you to become a good and righteous person, but that doesn't mean they are unconcerned about your financial well-being.  They care about everything in your life.

Like most people living on earth, you may never have thought of this before, but it is a spiritual reality and a fact of our existence here on earth and the afterlife.  In Japan, at baseball games, the spectators bring pictures of their ancestors to assist in their prayers for their favorite team to win. It seems a little "nuts" to us in the West, and indeed it may be an example of something trivial, but your ancestors have been watching you since your birth.  They have seen your actions and they understand your way of thinking.  They know you almost as well as you know yourself.  They are uniquely qualified to give you advice if you pray to God and ask for help from them, as well as from God.  This may be the most important piece of advice I have to give in this post.

4. Overcome the fear of failure.

This can stop entrepreneurs dead in their tracks.  Calculate risk carefully, but don't be afraid of taking risks. Sometimes the greatest reward comes from taking big risks.  Just don't take foolish risks.  Consult with friends, but don't be discouraged if they do not support you.  If they are not successful entrepreneurs themselves they probably will not see the world the way you do.

5. Set concrete goals and work hard to achieve them.

I think most entrepreneurs do not set goals, and just try to deal with the day-to-day. Of course, it is important to adjust goals from time to time, but without short-term and long term goal, you are kind of adrift to whatever circumstance deals you.  It is much better to set concrete achievable goals.

6. Invest substantial time and effort

Don't dream about a lifestyle of working 4 hours and sitting on a beach somewhere sipping Margheritas.  This is a myth. No one who is really successful really lives like that.  Living like that will make you lazy and self-satisfied.  It is just a ploy to trick you into thinking that a product will make you easy money. Any successful entrepreneur has put in the time and the hard work it takes be successful.

7. Listen to your customers.

It is important to ask your customers if they are satisfied with your product or service. It is important to get a good read of how you are doing in meeting their needs.  They may even suggest modifications or additional products or services that you might offer.

8. Promote – Learn the most cost-effective and efficient time-saving methods of promotion.

Don't get stuck in any outmoded promotion method that is not effective.  This is a continuous path of learning and adjusting.  What works well today, will probably not work a few years from now. Always be open to learning new methods and techniques from more experienced and more successful entrepreneurs.
 

9. Ask for advice and Network

You can network with anyone, anytime, under any circumstance. Don't get stuck in isolation in your life where you never reach out to anyone you don't know.  Ask other successful entrepreneurs what they have found to be the keys to their success.  You can learn incredibly valuable information in this way.

10. Pay it forward by helping others to achieve.

This is very important.  Remember the Indian folktale that speaks about the restaurant in the village which was the only place where people were allowed to eat.  There was no menu there.  You just sat down and were served whatever food you deserved.  Good people were served good food, but bad people could only eat bad food., and there was nowhere else to eat.

Not only will you be helping others, but you will actually learn to identify attitudes and actions in others that are counter-productive to success.  By teaching, you also reinforce what you have learned.

 

Best success in all of your endeavors.

John Lombaerde

https://markethive.com/jonlomb/page/ standard

David

Bitcoin [BTC] Makes Recovery Above $8000 – Here’s Why Some Analysts are Bullish

Bitcoin [BTC] Makes Recovery Above $8000 – Here’s Why Some Analysts are Bullish

After a week of bearish moves, Bitcoin [BTC] price made a slight recovery on Friday. The rise attempted to break above the 200-Day Moving average, which acted as a resistance. It recorded a high at $8294.

The price of BTC at 3: 30 hours UTC on 28th September 2019 is $8176. It is trading 2.27% higher on a daily scale. The entire crypto market turned slightly green after a week of aggressive selling.

BTC/USD 4-Hour Chart on Bitstamp (TradingView)

While some traders see this as a momentary correction, others are also seeing a reversal.

The bears are eyeing sub $5k levels for a good entry point. However, it echoes with the situation earlier in Q1 this year. While the price has been bearish, the overall sentiments are bullish.

Moreover, even on the downside, crypto traders will be looking for a buying opportunity. UglyOldGoat, crypto trader and analyst tweeted on a sub $5k prediction

Just as I was bullish at 3,500 bearish at over 11,500 I can only be bullish at 7800 – 8200. Bakkt is bullish and structure changed when we rekt weak specs with future backwardation. The good thing is Bitcoin will be right regardless.

On-chain Vs. Price Movements

The recent uncertainty in price seems to be rising from opposing views of fundamental and technical analyses.

Bitcoin mining hashrate is at an all-time high, the transaction volume and realized price has also increased considerably. Moreover, long-term ‘hodlers‘ have also increased significantly. Leading on-chain analyst Willy Woo tweeted,

Structure is bullish, you can’t turn that around with a whiplash in price. Bull phases and bear phases of market cycles do not turn on a dime, especially on-chain.

However, the break-down below 200-Day Moving average is currently acting as a significant bear indicator. $7000-7500 has been the predicted range of this move. Sawcruhteez, a crypto-trader is turning bullish on technical indicators as well. He tweeted on why he is turning bullish, he said,

That was mainly due to the RSI bull div and the ADX rollover. I mentioned that final confirmation would come from a break of the 4 hour Lucid SAR, which just occurred. Now all systems are a go!

Bitcoin Price Analysis on the 4-Hour (Source: Twitter)

The next couple of weeks will be instrumental in confirming the year-end trend for Bitcoin. The speculations in Bitcoin [BTC] will further increase as halving comes closer well. The scheduled event in May 2020 has been creating a strong influence on market psychology.

Do you think December 2019 will be bullish or bearish? Please share your views with us.

 

Nivesh Rustgi Bitcoin News 1 min ago

David

Bitcoin’s sharp decline – The cryptocurrency falls below $8,000

Bitcoin's sharp decline – The cryptocurrency falls below $8,000

Bitcoin lost about 20 percent of its value since Friday.

On Thursday, the Bloomberg Galaxy Crypto Index showed a decline of as much as eight percent for the cryptocurrency [File: Mary Turner/Bloomberg]

Bitcoin extended its five-day losing streak on Thursday and dropped below $8,000 for the first time since June as a growing list of concerns weighed on crypto assets.

Bitcoin fell as much as 9% to $7,736 in New York, according to Bloomberg composite pricing, before bouncing off the lows of the day. The Bloomberg Galaxy Crypto Index that tracks a basket of cryptocurrencies slumped more than 8% as peer coins, including Ether and XRP, also sold off. That's the lowest level since May for the index.

There is "no good catalyst to drive it higher," said John Spallanzani, portfolio manager at Miller Value Partners. Bitcoin was never able to regain the near-$14,000 highs it reached over the summer, he said, adding that the "market got tired and volume dried up."

Investors cited a variety of reasons for the slump that's seen Bitcoin lose about 20% of its value since Friday. Some pointed to a lackluster reception to the first Bitcoin futures contracts that were offered by the Intercontinental Exchange Inc.'s Bakkt platform. Others pointed to the U.S. Securities and Exchange Commission delaying a decision on a Bitcoin exchange-traded product. Still, others said the expiration of CME futures contracts set to take place this week is causing turbulence.

Here is what market-watchers are saying:

"As the volumes on these contracts have been particularly high this week, this month's close could be particularly volatile," Mati Greenspan, senior market analyst at trading platform eToro, wrote in a note in reference to the CME contracts.

"A Bitcoin ETF isn't likely to arrive on U.S. exchanges in 2019," James Seyffart, a Bloomberg Intelligence analyst, wrote in a note. "The SEC has made clear that it's concerned about Bitcoin price manipulation on exchanges without any regulatory oversight or surveillance."

"The crypto market drop will be a rude awakening for anyone who was starting to speculate that Bitcoin was becoming a 'safe haven' asset. However, compared to historical volatility patterns, a drop like this barely registers. There have always been sharp periods of volatility in crypto, and this kind of activity is only to be expected as the asset continues to grow," said Gavin Smith, chief executive officer at Panxora.

"There are many potential reasons for the recent fall in the price Bitcoin. It could be 'selling the news' on the launch of Bakkt, which has so far seen much lower than expected volumes of trading go through its platform following months of hype. It could also be in response to the rapid decline in Bitcoin's hash rate (amount of computation in the system) though this now seems less likely as the hash rate has somewhat recovered. Many cycle traders were also saying that Bitcoin was due a cycle low in early October, so that seems on point," said George McDonaugh, chief executive officer at KR1.

Falling below the $8,000 level could mean Bitcoin would test its 200-day moving average support, which sits around $7,000. And according to the Trading Envelope Indicator, a technical tool that smooths moving averages to map out higher and lower limits, the coin has fallen below its lower band.

Following a break below $8,000, "a quick move back to $6,000 would not be out of the question," said Spallanzani.

 

by By Vildana Hajric • Bloomberg

David

Bitcoin And Crypto Market Bearish Continuation – LTC, BNB, BCH, TRX Analysis

Bitcoin And Crypto Market Bearish Continuation – LTC, BNB, BCH, TRX Analysis

  • The total crypto market cap dived more than $50.0B and tested the $200.0B support.

  • Bitcoin price is down more than 10% and it is currently consolidating below the $8,500.

  • Binance coin (BNB) price tumbled below the $18.50 and $16.50 support levels.

  • Litecoin (LTC) price is now trading well below the key $60.00 support area.

  • BCH price tested the $200 level and it is currently consolidating near the $220 level.

  • Tron (TRX) price spiked below the $0.0120 support area and it is currently correcting higher.

The crypto market cap and bitcoin (BTC) are signaling bearish continuation. Ethereum (ETH), litecoin, ripple, BCH, TRX, XLM, BNB and EOS are likely to extend their decline.

Bitcoin Cash Price Analysis

BCH price started a nasty decline after it broke the $300 and $285 support levels against the US Dollar. The BCH/USD pair even broke the $250 support area and declined more than $75 in the past two days. It even tested the $200 support area and is currently consolidating near the $220 level.

On the upside, an initial resistance is near the $235 level. However, the main resistance for a strong recovery is near the $250 level. On the downside, the key support is near the $200 level.

Binance Coin (BNB), Litecoin (LTC) and Tron (TRX) Price Analysis

Binance coin (BNB) price declined more than 20% after it broke the $20.00 support area. BNB price traded below the key $18.50 and $16.50 support levels. Finally, it spiked below the $15.00 support and is currently consolidating losses near the $16.00 level. On the upside, there are many resistances near $16.20 and $16.50.

Litecoin price fell significantly after it failed to stay above the $70.00 and $65.00 support levels. LTC price declined below the $60.00 support and traded close to the $50.00 support area. A low was formed near $52.20 and the price is currently correcting towards the $58.00 and $60.00 resistance levels.

Tron price is down more than 25% and it recently broke many supports such as $0.0150 and $0.0140. TRX price even spiked below the $0.0120 level and traded towards $0.0112. It is currently correcting above $0.0125, but it is likely to face resistance near $0.0135 and $0.0140.


 

Looking at the total cryptocurrency market cap 4-hours chart, there was a nasty decline below the key $250.0B support area. The market cap declined around $50.0B and tested the $200.0B support area. It is currently consolidating losses above $210.0B. However, it seems like there is a bearish continuation pattern forming with resistance near $220.0B. If there is a downside break below $208.0B and $205.0B, there are chances of more losses in bitcoin, Ethereum, EOS, litecoin, ripple, binance coin, BCH, TRX, XMR, XLM and other altcoins in the near term.
 

Aayush Jindal

David

Crypto Markets Crash $30 Billion In Epic Bitcoin Sell Off

Crypto Markets Crash $30 Billion In Epic Bitcoin Sell Off

In what has been one of the largest 24 hour market dumps this year over $30 billion has been dumped from crypto assets. Bitcoin reached the end of its bearish triangle pattern and dumped hard down to a three month low at $8,000.

Bitcoin Crashes 17%

Many had predicted a huge drop to long term support around $8k this week but it is still a shock to see it happen. Bitcoin had been sliding since late last week when it dropped below five figures again and failed to recover. Bakkt was underwhelming and markets did not react though they were not expected to.

The move have when BTC reached the apex of the large descending triangle that has formed since the top out in late June. The downwards momentum started to accelerate as soon as support at $9,500 was broken. Next came two almighty red candles which dumped Bitcoin back to $8,000 according to Tradingview.com.

BTC price 1 hour chart – Tradingview.com

This area is a massive support zone and as expected a lot of buys were triggered there resulting in the hourly closure back up at $8,600. It appears to have settled in this zone for the time being.

The dump was so large that the Bitcoin bashers wasted no time on twitter. Goldbug Peter Schiff was one of the first to react calling for an even lower slide.

“Bitcoin has finally broken below the support line of the large descending triangle it has been carving out for months. This is a very a bearish technical pattern, and it confirms that a major top has been established. The risk is high for a rapid decent down to $4,000 or lower!”

The $4k call is a little extreme but to be expected from those that are anti-crypto. A more balanced prediction came from analyst Josh Rager who identified some of the larger buying zones.

“If Bitcoin fails to break above the current level, we’ll get another retest of the support below – which has bounced once and could hold. But if this isn’t a bear trap I do see price heading down to low $7ks. Lots of buyers are waiting between $6180 & $6500”

Altcoins Annihilated

With Bitcoin getting smashed the situation for the rest of the crypto markets is grim to say the least. Ethereum has been eclipsed 15 percent in a slump back to $170 where it is currently holding support.

XRP has hit a new yearly low below $0.24 in an 11 percent slide and Bitcoin Cash has been crushed to $230 in a massive 20 percent dump.

Tether has regained fifth spot in terms of market cap as Litecoin got axed 15 percent in a fall below $60. EOS has dumped 22 percent in an epic crash to $2.90 and Binance Coin is hurting at $16, down 16 percent on the day.

September 25 has been one of the largest crypto market dumps of the year.

 

Martin Young

David

Bitcoin price analysis - BTC/USD dumps as Bakkt post $600,000 Bitcoin futures sales

Bitcoin price analysis – BTC/USD dumps as Bakkt post $600,000 Bitcoin futures sales

  • Bitcoin dumped further from the pivotal $10,000 to refresh last week’s low at $9,600.

  • A shallow recovery has ensued with BTC stepping above $9,700 but the path of least the least resistance is still to the downside.

Bitcoin bearish price action is still pressing against key support areas. For four straight days, the largest cryptocurrency has wallowed in red rough waters. The return below $10,000 seems to have squashed the buyers’ hope of touching $11,000 in the near-term. This demoralized feeling has seen the bears take the center stage and retest $9,600 for the second time in seven days.

The triangle breakout I explored yesterday gave way declines on Monday. Expected support levels at $9,900 and $9,800 failed to hold. BTC explored the downside to the extent of retesting $9,600 support.

For now, there has been a shallow correction above $9,700. However, movement north is still limited by the presence of selling pressure. The moving average convergence divergence (MACD) is moving deeper below the 0.000 mean line. A visible negative divergence signals the gradually rising selling pressure. On the brighter side, the relative strength index (XMR) below 30 displays slightly oversold conditions. This means that a reversal could occur in the near-term towards $10,000.

BTC/USD 60’ chart

Meanwhile, the newly launched Bakkt exchange trading physically settled Bitcoin futures has reported impressive results on the first day. The exchange said that it recording a 72 BTC worth more than $600,000 which were entered into monthly contracts. The CEO of the exchange believes that the volume will growth over time.

 

John Isige

FXStreet

David

Bakkt Goes Live With First Trades But Bitcoin Fails to Hold $10,000

Bakkt Goes Live With First Trades But Bitcoin Fails to Hold $10,000

The long awaited Bakkt Bitcoin futures contracts went live a few hours ago but the response so far has been underwhelming. Bitcoin briefly topped out over $10k but has failed to hold that level as trading in Asia got underway.

 

8 BTC Traded So Far

The Bakkt daily and monthly physically settled Bitcoin futures contracts went live for trading a few hours ago but there was no big fanfare or market reaction. The first trade was executed at just past 8pm ET for $10,115.

At the time of writing only 8 BTC had been traded on the monthly futures contracts.

bitcoin bakkt

However, this could be seen as a positive development since it is around one BTC per hour which, if continued at this rate, could be a monumental amount traded over the month.

Industry analysts have pointed out how important Bakkt is being physically delivered as opposed to other contracts which are settled in fiat.

“Reminder, the hype is bakkt with substance. Unlike other futures exchanges, this is settled in bitcoin. Actual bitcoin is paid out, not just the fiat equivalent to the price of bitcoin. The result is better price discovery and liquidity for bitcoin.”

It is too early to tell whether these predictions hold value. When contracts start closing and BTC is getting paid out things are likely to start moving on markets. Institutional investors may not want to hold the physical Bitcoin for fear of its volatility; this is why they prefer futures in the first place.

Bitcoin Market Reaction

A brief spike coincided with the launch a few hours ago when BTC lifted off its intraday low of $9,850 to top out at $10,080 momentarily. It remained above the five figure barrier for a few hours before starting to slide back again.

There has been no big pump but that was largely expected as those getting into the new futures would have already allocated their investments and been on boarded. Trader ‘Cantering Clark’ pointed out;

“BAKKT is essentially recycled liquidity quoted from retail venues. This is the opposite of the normal liquidity profiles of traditional markets. Now ask yourself, why would $BTC price have jumped upon BAKKT opening? Those interested are likely already involved.”

At the time of writing Bitcoin had dropped back into four figures and was trading around $9,970. The rest of the crypto market is in the red as altcoins extend their weekend losses.

 

Martin Young

David