New comments from politicians

Discussion in 'Crypto Forum' started by crypto787, Mar 16, 2018.

  1. crypto787

    crypto787 BoxInitiate

    Mar 16, 2018
    Yesterday there were parliamentary hearings on the crypto-currency in the US, which was organized by the Securities Commission. It is worth noting that decisions on concrete actions were not taken and the opinions of politicians differ, some politicians consider crypto-currencies to be a “dummy”, others argue that “crypto-currencies should be carefully studied.” Also, the head of the International Fund Christine Lagarde called for a more rigid regulation of the crypto-currency sector. So far, all comes down to the comments of politicians and the market continues to decline amid negative investor sentiment. For yesterday, bitcoin again updated its local lows and reached the level of 7665.1 after it returned above the strong support level of 8000 and is currently trading in the range of 7800.00–8400.00. Now the trades are mostly on speculative strategies and it is worth considering the scenario in which if the price can pass below the level of 7800.00 then the stop loss order will start and we will see further downward movement.

    Coin CREDITS (“CS”) yesterday found support for buyers at 0.00067 CS / ETH and is currently trading above these levels. According to the data on the contract “CS”, for yesterday, the number of holders of coins increased by 2152 and the volume of transactions amounted to 9.8 million coins for the day against 4.9 average. An important event yesterday was the participation of CREDITS (“CS”) at the 4th Annual Block Сhain Finance & Fin-tech China in Shanghai, where CEO & Founder Igor Chugunov has presented opportunities and advantages of platform of CREDITS. Now the coin is worth 0.00072 CS / ETH and is still in demand by investors, a large volume of bids is in the range 0.00067–0.0007 CS / ETH.

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  2. Marrytompk

    Marrytompk BoxMember

    Mar 18, 2018
    Hi, I have already invested in Celcius network, Salt lending, eth lend and want to invest in What do you think guys?
  3. DanielAl

    DanielAl BoxMember

    Apr 10, 2018
    Do intermediaries need the quality of the goods?

    Intermediaries do harm for production chains and it is a well-known fact. Because of them, the cost of goods increases, and the products do not change.

    However, many still think that intermediaries improve the quality of the goods. Let's see why it's a wrong point of view.

    No intermediary (even useful) works directly with the product. Intermediaries may sell products, deal with regulatory issues, obtain certificates and other related matters. But it is the quality of the goods (that is, what the consumer expects from the product) that is not provided by intermediaries.

    Agree, the end customer does not care about issues related to the sale of products or obtaining permits. He needs to get the goods of the required quality in the right time. The rest of the final buyer should not be interested - it monitors only the quality of the goods.

    And it can be provided only by the manufacturer. That is why it is important to build direct communication between companies that produce goods and buyers of products.

    After all, the consumer will not contact the manufacturer and ask questions about how the certification was held, how the permits were obtained and how the sales channels were located. And here to issue to the supplier the claim connected with quality of goods, consumers can, than often and use.

    But in modern supply chains of goods information from the end customer does not reach the manufacturer immediately. At first it passes through 5-10 intermediaries, and only then gets to the company which directly lets out production. Here, it seems, it is not even necessary to say that the delivery of information can be spent several months, and their quality will leave much to be desired.

    It is necessary to remember that intermediaries are not those people on whom it is necessary to rely in a question of quality of production. They are not interested in that the goods satisfy needs of the consumer: the main purpose of the intermediary - quicker and more expensive to sell production. Only the manufacturer is interested in the quality, because its name and reputation in the market depend on it. And consumers should be able to apply to companies that manufacture products directly, bypassing intermediaries.

    They will be able to do this using the Yodse platform. There are no intermediaries on Yodse: only consumers and producers get access to it.


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