End Your Speech With a Punchline!


Have you ever been to a talk and were left feeling flat – like the speaker left you wanting more? On the other hand, have you been to a presentation where the speaker left you inspired, wanting more and excited to sign up for whatever they had to offer?

I’m willing to bet that the way the speaker ended their speech made a big difference.

Beginnings and endings are important! How often have you heard a speaker that has a great opening and by the time they get to the ending they fizzle out? Speakers sometimes get to the end of their time and have no idea how to end their speech so they ramble on or just thank their audience. To be remembered, I strongly encourage you to finish your speech with a joke, a pithy phrase, a quote that you want the audience to tuck away in their mind as something memorable. Always leave the audience on an upbeat note.

One of the mistakes often made is when speakers spend all their time on the beginning of their speech and give very little attention to their ending – reverse that and you will notice the difference. Spend at least 10% of your speech time on your conclusion and tying your earlier points together. For example: with a 30 minute speech use 5 min on the opening, 15 minutes on content and 10 minutes on the wrap up and ending.

Consider some of the speakers that you have listened to – which ones do you remember the most? Usually the ones with compelling endings to their speech. What did they use to end their speech? A joke? A funny story? A memorable quote?

Consider some of the speakers that you have listened to – which ones do you remember the most? Usually the ones with compelling endings to their speech. What did they use to end their speech? A joke? A funny story? A memorable quote?

5 Reasons to use a Powerful Speech Ending:

  • A powerful ending sends your audience off with excitement and purpose.
  • A powerful ending is a sign to the audience that they may now applaud.
  • A powerful ending gives your DJ a clear sign to start the exit music.
  • A powerful ending keeps you top-of-mind longer.
  • A powerful ending motivates your audience to take action.

If you include a powerful call to action in your powerful ending, the audience will be running to the back of the room with their wallets out to buy your product or sign up for your program.

If you have a powerful ending, the audience will keep that in mind as they leave. Use your final words to turn your audience to your point of view and tell them what action you’d like them to take next. End your speech by using motivational words that inspire your audience to stand and applaud.

As Mark Twain said: “The difference between a word and the RIGHT word is like the difference between the lightning bug and the lightning.”

Be the lightning!


Source by Elizabeth Bachman

The Little Garden Girl


Once upon a time there was a little girl whom looked around her kitchen cupboards to find some food. There was very little since her parents both lost their jobs recently. She called her neighbors and said, “If we plant a garden, together we shall have food to eat all year round. Who will help me plant the garden?”

“Not I” said the first neighbor. “I am too busy calling on my unemployment benefits.”

“Not I” said the second neighbor. “I am too busy listening to the AIG retention bonus soap opera. I think I am going to hop a bus to tour the mansions of these unpatriotic Americans.”

“Not I” said the third neighbor. “I am too busy waiting for the phone to ring. I know the government will provide for me. Why should I bother getting my own hands dirty?”

“Not I” said the fourth neighbor. “I am too busy being a minority and blaming others for my lack of food.”

“Then I will,” said the little girl. And she did. The garden grew healthy. It was full of beans, tomatoes, corn, potatoes, and asparagus. “Who will help me pick my garden harvest?” asked the little girl.

“Not I,” said the first neighbor. “I’d lose my seniority in the union. Then we may have to continue secret ballots. I can’t allow that to happen.”

“Not I,” said the second neighbor. “I would lose my social security benefits.”

“Not I,” said the third neighbor. “I am waiting for my gas and my mortgage check from Obama to come in the mail. It must be delayed since the post office had to shut down our small town office earlier this month.”

“Not I,” said the fourth neighbor. “I think you and the bankers will ruin our country.”

“Then I will,” said the little girl, and she did.

“It came time to can the vegetables. “Who will help me can the vegetables for winter consumption?” Asked the little girl.

“Not I,” said the first neighbor. “Let someone else do that demeaning work.”

“Not I,” said the second neighbor. “I never learned how and I am not going to start now.”

“Not I,” said the third neighbor. “I am going to be busy filing a suit with the EEOC because you don’t have the proper quota of diverse workers to assist. That is discrimination.”

“Not I,” said the fourth neighbor. “I don’t work overtime.”

“Then I will,” said the little girl. She canned all the vegetables and displayed them out front of her house for all the neighbors to see.

They all wanted some and demanded a share. But the little girl said, “No, I can eat all these vegetables myself over the winter.”

“Retention bonus at AIG and now this,” cried the first neighbor. “We must have congress tax her and redistribute the vegetables.”

“Capitalist! How dare you flaunt all that you worked hard to achieve,” yelled the second neighbor.

“I demand equal treatment and equal rights” yelled the third neighbor. “You have too many green vegetables. Why didn’t you plant more red ones? Are you green biased?”

The fourth neighbor just shook her head and disappeared into her house that she bought with an adjustable rate mortgage. The foreclosure happened last week but no one has removed her because they can’t afford to do so.

The four neighbors decided to ban together and picket the little girl. They offered bus rides from the inner city out to the little girl’s house. They wanted all the “poor” to see what capitalism has done to their little neighborhood. The little girl even received death threats from all parts of town.

When the government agent heard about the garden, he said to the little girl,

“You are acting unpatriotic in not sharing your fair share of the vegetables.”

“But I worked hard and earned the vegetables,” said the little girl.

“We know you did,” said the government agent. “That is the wonderful free enterprise system at work. Anyone in America can grow as many vegetables as they want. But under our new government rule, the productive gardener who cans more than 250,000 vegetables jars must divide their gains with those who cannot garden for themselves.”

And they lived happily ever after, including the little girl, who smiled and waved to her neighbors every day.



Source by Sheri Knope

Types Of Technical Indicators


When it comes to researching different investments, technical indicators are a great place to start. Today, officials and private traders use technical indicators in their technical analysis to understand trends and behavior in the financial markets.

When considering technical indicators, it is important to understand that technical indicators are derived by using a set of specific data (usually security price). In doing so, one can get a feel for any patterns and trends that may arise, that will absolutely help him to make smart investment choices. Technical indicators are determined using various formulas, and the formula changes depending on the nature of the indicator.

So, why would you want to use technical indicators? Well, technical indicators are a good way to help analyze price actions from different perspectives, and depending on the level of complexity of the formula, you can end up with different ways to look at these price actions.

Types of Technical Indicators

As previously mentioned, there are a few different types of technical indicators. The basic one, called a moving average, involves a simple formula that analyzes the average price of a security or commodity over a period of time, and when isolating time periods, it is much easier to spot different trends. Other types of indicators belong to four major groups, as follows:

  • Momentum indicators – Stochastic oscillator, Commodity channel index, RSI, Chande momentum oscillator (CMO) and more.
  • Volatility indicators – Bollinger bands, projection oscillator, average true range, Trading bands (envelope) and more.
  • Trend indicators – MACD, parabolic SAR, linear regression, Forecast oscillator and more.
  • Volume related indicators – Ease of movement, OBV, Demand index, Chaikin money flow and more.

What's the benefit?

So, what's the benefit of using technical indicators? While they by no means represent a complete analysis, they can offer you an opportunity to find areas that are worth closer study based on indication of trends. You want to watch out for which direction the trend seems to be heading.

Although you can use one or more technical indicators to predict future prices, it is by no means 100% accurate as the market is volatile, and anything can happen. So use them as another tool to help confirm results obtained from another means. Certain tools can help you understand if you need to buy or sell your securities or commodities, but without you use multiple means for analysis; your conclusions may not be accurate.

Using Technical Indicators

When it comes to using indicators, it is important to note that most of the formulas for them involve taking derivatives, and this means that the data you get may not be direct. That is why it is extremely important to understand that they by no means indicate the complete picture. The technical indicators may alert you to trends, but you must confirm them with other tools, and in fact, if you use other forms of analysis, your conclusions will be much more accurate.


Source by Ryan Lee

Legal Tender, Precious Metals and Alternative Currency


History does not repeat; it rhymes.

Current stability comes from confidence and force. We've all heard that cliché over and over. But to rhyme is to the use any words you choose. We can rhyme in paper or digits, but it is all backed by nothing.

There is a not-so-subtle difference between currency and legal tender. Legal tender examples both force and control. And it's worthwhile to explore how far history can be re-expressed through technology.

A currency is simply an IOU, a convenience ticket or token used to settle a debt. Or a transaction, representing a deposit or asset kept someplace else.

Placing legal authority around one particular currency immediately transforms its value and activates Gresham's law. The speed of the transmission where good money goes into hiding is directly proportional to the relative stability of the issuing authority.

Force is the other component. Energy and the military are part of that too, and these are what make the dollar the cleanest shirt in the room.

The sobering sentiment may be translated thusly. If half the effort you put into life was not stolen at the point of a 'gun', by the government to pay off the interest of central banks on money they really did not understand, there would not be as many people suffering.

By law, fiat money is debt in our current environment. It turns rational people into outlaws and criminals.

Money matters underlie the entire social and political process.

Exerting official control over the currency enabling the central issuing authority dominance over every aspect – everything that falls afterward.

It is the locus of control and, by proxy, perception. They shape it any way they want. Take precious metals price manipulation as an example. Human nature is such that we often need to project conscious intention, in which the system itself evolves to the point where only a limited choice of actions remains. It is obviously wrong to distort prices, but the mechanism is enabled by a much loader and complex set of systems than a group of humans.

To the outside observer, the pricing of precious metals dropping on days when major military movements, Middle Eastern rebellions, and continued volatility color the trading landscape.

Precious metals speculation, or intrinsic value, is hidden by the controlling entities who dominate its main price determining mechanism. And obviously, this is merely one manifestation of when a social system (otherwise held together by civilized exchange) becomes unrecognizable, soon to be spinning out of control.

The Tentacles of Legal Tender

On a macro scale we are witnessing the age of depositor bail-ins, capital levies, and massive growth of money supply. On the micro level, it is price controls and barter rules creeping in from the depths of bureaucracy.

More than a third of the working age population are (in essence) paid to stay at home. After-tax income for most available jobs simply does not compare with the tax free liability of a government assistance handout. Meanwhile, an underground cash economy is emerging.

This is not going unanswered. We have seen the creeping hand of authority enter all the way down into classified ads when, in 2011, the State of Louisiana passed a law banning cash transactions via classified ads:

"A secondhand dealer will not enter into any cash transactions in payment for the purchase of junk or used or secondhand property. secondhand property and made payable to the name and address of the seller. All payments made by check, electronic transfers, or money order shall be reported separately in the daily reports required by RS 37: 1866 ".

Technological Response to Legal Tender or Another Silk Road?

Obviously, this would not be easy to enforce, but it should sound something familiar given the official (hypocritical) propaganda that arose against the first and most well known of alternative or crytocurrencies, Bitcoin.

Seems the anonymity of legal tender has been called into question. The irony, of course, is that the same legal tender is used to launder billions for drug cartels by one of the largest banks on the world – a crime that was punished by what would amount to a speeding fine for most people.

The Silk Road legacy of Bitcoin continues to weigh on its existence. But the rise of alternatives is becoming a natural consequence of a financial system so big that it has literally suffocated a once quasi-legitimate economic system.

The recent Mt Gox implication is much like a bank (or a silver exchange !?) going under because of bad business or an overextension of deposit to loan ratio, inducing a type of run.

We can witness the early stages of this progress through "NoFiatCoin", a new Cryptocurrency with bullion backing.

An expression of Gresham's law through technology ?

Technology and anonymity are peaking at the same time faith in institutions hits rock bottom. Decades of research and development have produced a cryptographic mathematics that makes anonymity possible in the Internet; at least enough to support a market for new so called electronic courses.

But it is a mere tribunal.

Alternative treaties remain predominately market-based. Their value or backing is controlled by speculation, which may seem better than debt but is extremely a deficiency.

Alternative treaties are not widely adopted by any measure. This is expressed indirectly by the tone in which the main conveys the news surrounding it.

Currencies – commodity backed, fiat, and legal tender – have waxed and waned through the history of civilizations. It is not much of a stretch to envision the next wave of electronic contexts anchored by commodities, especially in the after what has been the latest forced legal tender experiment.

Ultimately, we can envision electronic courses could replace the currency fiat system. In the meantime, most of you reading this will witness the final innings of yet another unbacked (and extremely failed) currency experiment.

For more articles like this, including thoughtful precious metals analysis beyond the mainstream propaganda and basically everything you need to know about silver, short of outlandish fiat price predictions, check out http://www.silver-coin-investor.com


Source by Jeffrey Lewis

Fisher Price Baby Swings


Shopping for a baby swing can be confusing. For instance, Fisher Price baby swings come in more than a few models and that is just one brand alone. However, if you know what your needs are, then the selection becomes easier as you narrow down the list of choices.

For the Fisher Price brand, you can have the option to go with a full-sized swing such as their Papasan Cradle n Swing model or portable ones. The Papasan swing has a few themes to cater to both genders, ranging in colors from pink to blue.

Fisher Price Papasan Cradle n Swing

This swing has several swing speeds and there are two different swinging motions. This means you can elect to have it swing side-to-side or head-to-toe, depending on your baby's preference. It is wide at its base, which will take up quite a bit of space at home, but is reliable and sturdy.

Given the size, it can be inconvenient if you need to move it around the house. But it has practical features that will keep your baby entertained when she is awake or lull her to sleep when she gets tired. This is because it has an attractive mobile hanging overhead and the newer models of the Papasan swing even have lights that can project objects such as stars and butterflies onto the canopy to stimulate your baby. When it is time for your baby to sleep, you can also turn on some soothing songs or sound effects to make her doze off.

The Papasan Cradle n Swing is worth a look if you want flexibility in terms of swing speed and motion. If you are not planning to move the swing around much, then a full-sized swing is probably the best way to go.

Fisher Price Swing and Seat

When you have a baby at home, you will end up with a lot of baby stuff all over the place. That is why a baby gear that serves two purposes is always welcomed. Instead of having two items, you only need to buy one, which also saves you some money in the process.

This is where the Fisher Price Swing and Seat comes in. It is designed to work as an infant seat as well as swing. It also has a vibration feature which mimics a car ride, if your baby does not care much about swinging.

Being small in size, it is portable. But it will not be as comfortable as a full-sized swing and you will also have to make do without some of the features of the Papasan model. However, it is a great place to leave your baby to take a nap or play in during when you want to do some chores.

Fisher Price Open Top Take Along Swing

As the name suggests, this model is portable and you can easily fold it up and take it along with you for outings and trips. It does not have a side-to-side swinging motion and the number of songs is far fewer than the Papasan model. No mobile hangs overhead to attract your baby but it does come with a removable toy bar.

Basically, the Fisher Price Take Along Swing serves a different need. It does not have many of the fancy features of the full-sized swing, but it caters to those who want the convenience of being able to move it from room to room or for travel. It is also a great alternative for those who are on a tight budget given that this portable swing costs much less than the Papasan model.


As you can see, Fisher Price baby swings have different models to cater to different needs. Apart from the above, there are a few other swings out there that have different features and selling points. You will need to go through each swing and check their features to assess if they meet your needs before you buy.


Source by Liz Benson

Treatment Resistant Sciatica


Treatment resistant sciatica is the most common form of lower back and leg pain syndrome. Sciatica has a well earned reputation as a chronic and stubborn symptomatic expression and is known to be extremely difficult to cure. In fact, patients who experience symptoms lasting more than 6 months have a better chance of enduring a lifetime of suffering than they do of ever truly recovering 100%.

Sciatica is not a condition or diagnosis unto itself. It is a term reserved for a set of symptoms which generally includes pain, tingling, weakness and/or numbness in the lower back, buttocks legs and/or feet. Sciatica can be caused by a diversity of mechanical, vascular, neurological and psychosomatic sources, although the vast majority of affected patients are diagnosed with a spinal causation of one type or another.

The usual diagnosed spinal sources of sciatica may include such conditions as: degenerative disc disease, herniated discs, osteoarthritic bone spurs, foraminal stenosis, spinal stenosis, spondylolisthesis, scoliosis, chemical radiculitis from a ruptured disc and extreme lumbar hyper-lordosis. The most commonly diagnosed non-spinal structural sources of sciatica include piriformis syndrome and sacroiliac joint dysfunction. While it is true that virtually all of these conditions can create sciatic nerve pain in the lower body, it is also a fact that these symptoms are rarely long lasting and will almost always respond well to appropriate treatment modalities.

If sciatica caused by a structural source is not generally a chronic concern and typically resolves with indicated therapy, why do most patients never recover from their pain? This is an age old question which has plagued sciatica sufferers and care providers for generations. The answer to this question is becoming ever clearer, as new research points to the epidemic incidence of ischemia as the logical causation of most sciatica and general radicular pain syndromes. Ischemia is also known as oxygen deprivation back pain, and can come about due to a variety of anatomical causes often associated with poor cardiac or vascular function. However, the overwhelming majority of ischemic pain syndromes are the direct result of a psychogenically driven or psychosomatically perpetuated pain imperative enacted by the subconscious mind as a defense mechanism against repressed, suppressed and completely unconscious expressions of anger, fear, insecurity, poor self esteem, guilt, regret and other negative and highly sensitive emotional issues.

Medical doctors do not receive comprehensive training in mind/body medicine and are taught in the well established Cartesian tradition of engineering the human body as a great and complex machine. This approach to care is poorly conceived, ineffective and directly responsible for the epidemic of chronic pain which is burdening our healthcare system to the point of failure. Doctors need to wake up to the facts that the mind and body do indeed work together to create all conditions of disease and health. Doctors need to address the emotional side of chronic pain. Most of all, doctors need to stop blaming ongoing pain on coincidental and completely normal spinal scapegoats, such as disc abnormalities and spinal arthritis. The medical approach to treating back pain is a dismal failure and it is time for care givers to acquiesce to the idea that they are completely misguided in almost all that is accepted about common back pain and sciatica. Once this occurs, then true progress towards effective treatment can begin…

Luckily, in the meantime, there are a growing number of doctors who have embraced the truth about chronic pain and have been treating it very successfully using a completely psycho-emotional approach. The treatment statistics are incredible using knowledge therapy, as opposed to the plethora of mostly punishing and wasteful medical modalities, such as spinal surgery, ongoing chiropractic manipulations, risky pharmaceutical treatment and invasive injection therapy. It is amazing how well psychological therapies work at permanently resolving physical pain, while physical treatments do little more than provide temporary placebo effects and fatten the wallets of care givers…


Source by Adam Rostocki

Online Investment


Do Online Investment For More Profit

Online investment is the buzzword these days that are in the minds of everyone when you have to run after your stock brokers and agents to make investments. With online stock market trading, you can now do investments with just a few clicks of the mouse without even leaving your home or office. There are so many options to choose from when you do online investment.

Online Equity Trading – Online stock investing is probably the most widely used form online investment. You can invest in the stock market through the online brokers. You can do day trading, short term trading and long term trading according to your investment preferences. You can do equity trading as well as derivative trading according to your choice and amount of investment you are ready to make. You can even choose to buy fractional stocks that will let you make investments with significant small amount of money.

Online IPO Trading – IPO or Initial Public Offering is a great way to make profitable investment. Any online stock broker who is offering equity trading will provide you the options for buying IPO online.

Mutual Fund – Whether you are an avid stock market investor or a casual investor, mutual fund is viable option for making profitable investment. Any online stock trading company offers its clients excellent mutual fund investment options. The best thing about the mutual funds is that they come with lower risk factor and you are free from day to day stock price monitoring.

Apart from all these options, the benefits of online share trading are the major cause behind the popularity of the online trading. When you trade online, you are free from the hassles of paper works and lengthy processing. You can do real time stock trading with just a few clicks and you are done.

Another great advantage of the online equity trading is the low cost charging from the brokerage. Because there is no paper work and no middle man involved in the process, the brokerage commission rate is significantly lower. With so many online trading service providers, you can always negotiate for the best deal in terms of the cost.

However, to choose the best out of your online trading ventures, the first and the most important thing that you need to do is find a professional and trustworthy online broker. You need to do stringent research and ideally ask for recommendations before you select your service provider.

For selecting the online broker the first thing that you need to consider is the experience of the broker in online trading. This is the deciding factor for the credibility and trust. After all, they will know every details of your investment and it is important that they remain absolutely trustworthy.

The next most important thing for selecting a broker is the consultancy service that they provide. So, it is important that you select a company that has extensive research and analysis facilities and provide effective investment guidance on day to day basis. It will not only help you make profitable investment but also let you have a comprehensive idea on the market that will eventually help you in your future investment planning.

The last but the most critical factor that you need to consider is the cost. Remember when you are looking for an online broker you are never short of option, so try and give an extra effort and then you will be able to find the best deal in the market.


Source by Micheal James

The Best Spread Betting Offers


If you are new to spread betting then it is highly likely that you will want to hedge your bets when staking your hard earned cash. Although many companies do not compete to the extent of many other gambling firms, you can still find some great free bets and cash back offers to get you started.

The following are some of the best companies offering free bets to help you get on your way:


Finspreads is the sister company of City Index which is one of the largest spread betting companies on the market. They offer a great platform for those of you new to the game as their interface is very user friendly and their minimum bets are the lowest around. At the moment Finspreads is offering all the clients free trading credit worth £ 100 which should help you get started.

World Spreads

One of the most established spread betting firms on the market, World Spreads also has one of the nicest free bets around. They will cover your losses up to £ 300 (if you make any) which provides you with the security that if the market goes against you, your funds will be secure.


If you have used and like the Capital Spreads platform then you will really like the Intertrader website as it is pretty much the same! Intertrader have a free bet offer worth up to a whopping £ 1000 for new clients but hurry as it is time limited.

Please bear in mind that whatever company you sign up with, spread betting is extremely high risk and you can lose more than your deposit. Use a stop loss to protect yourself from this – a tool that is worth more than its weight in gold!


Source by Marcus Holland

If You Thought You Missed The Internet Profit Revolution Try CryptoCurrency


When most people think of cryptocurrency they might as well be thinking of cryptic currency. Very few people seem to know what it is and for some reason everyone seems to be talking about it as if they do. This report will hopefully demystify all the aspects of cryptocurrency so that by the time you’re finished reading you will have a pretty good idea of what it is and what it’s all about.

You may find that cryptocurrency is for you or you may not but at least you’ll be able to speak with a degree of certainty and knowledge that others won’t possess.

There are many people who have already reached millionaire status by dealing in cryptocurrency. Clearly there’s a lot of money in this brand new industry.

Cryptocurrency is electronic currency, short and simple. However, what’s not so short and simple is exactly how it comes to have value.

Cryptocurrency is a digitized, virtual, decentralized currency produced by the application of cryptography, which, according to Merriam Webster dictionary, is the “computerized encoding and decoding of information”. Cryptography is the foundation that makes debit cards, computer banking and eCommerce systems possible.

Cryptocurrency isn’t backed by banks; it’s not backed by a government, but by an extremely complicated arrangement of algorithms. Cryptocurrency is electricity which is encoded into complex strings of algorithms. What lends monetary value is their intricacy and their security from hackers. The way that crypto currency is made is simply too difficult to reproduce.

Cryptocurrency is in direct opposition to what is called fiat money. Fiat money is currency that gets its worth from government ruling or law. The dollar, the yen, and the Euro are all examples. Any currency that is defined as legal tender is fiat money.

Unlike fiat money, another part of what makes crypto currency valuable is that, like a commodity such as silver and gold, there’s only a finite amount of it. Only 21,000,000 of these extremely complex algorithms were produced. No more, no less. It can’t be altered by printing more of it, like a government printing more money to pump up the system without backing. Or by a bank altering a digital ledger, something the Federal Reserve will instruct banks to do to adjust for inflation.

Cryptocurrency is a means to purchase, sell, and invest that completely avoids both government oversight and banking systems tracking the movement of your money. In a world economy that is destabilized, this system can become a stable force.

Cryptocurrency also gives you a great deal of anonymity. Unfortunately this can lead to misuse by a criminal element using crypto currency to their own ends just as regular money can be misused. However, it can also keep the government from tracking your every purchase and invading your personal privacy.

Cryptocurrency comes in quite a few forms. Bitcoin was the first and is the standard from which all other cryptocurrencies pattern themselves. All are produced by meticulous alpha-numerical computations from a complex coding tool. Some other cryptocurrencies are Litecoin, Namecoin, Peercoin, Dogecoin, and Worldcoin, to name a few. These are called altcoins as a generalized name. The prices of each are regulated by the supply of the specific cryptocurrency and the demand that the market has for that currency.

The way cryptocurrency is brought into existence is quite fascinating. Unlike gold, which has to be mined from the ground, cryptocurrency is merely an entry in a virtual ledger which is stored in various computers around the world. These entries have to be ‘mined’ using mathematical algorithms. Individual users or, more likely, a group of users run computational analysis to find particular series of data, called blocks. The ‘miners’ find data that produces an exact pattern to the cryptographic algorithm. At that point, it’s applied to the series, and they’ve found a block. After an equivalent data series on the block matches up with the algorithm, the block of data has been unencrypted. The miner gets a reward of a specific amount of cryptocurrency. As time goes on, the amount of the reward decreases as the cryptocurrency becomes scarcer. Adding to that, the complexity of the algorithms in the search for new blocks is also increased. Computationally, it becomes harder to find a matching series. Both of these scenarios come together to decrease the speed in which cryptocurrency is created. This imitates the difficulty and scarcity of mining a commodity like gold.

Now, anyone can be a miner. The originators of Bitcoin made the mining tool open source, so it’s free to anyone. However, the computers they use run 24 hours a day, seven days a week. The algorithms are extremely complex and the CPU is running full tilt. Many users have specialized computers made specifically for mining cryptocurrency. Both the user and the specialized computer are called miners.

Miners (the human ones) also keep ledgers of transactions and act as auditors, so that a coin isn’t duplicated in any way. This keeps the system from being hacked and from running amok. They’re paid for this work by receiving new cryptocurrency every week that they maintain their operation. They keep their cryptocurrency in specialized files on their computers or other personal devices. These files are called wallets.

Let’s recap by going through a few of the definitions we’ve learned:

• Cryptocurrency: electronic currency; also called digital currency.

• Fiat money: any legal tender; government backed, used in banking system.

• Bitcoin: the original and gold standard of crypto currency.

• Altcoin: other cryptocurrencies that are patterned from the same processes as Bitcoin, but with slight variations in their coding.

• Miners: an individual or group of individuals who use their own resources (computers, electricity, space) to mine digital coins.

o Also a specialized computer made specifically for finding new coins through computing series of algorithms.

• Wallet: a small file on your computer where you store your digital money.

Conceptualizing the cryptocurrency system in a nutshell:

• Electronic money.

• Mined by individuals who use their own resources to find the coins.

• A stable, finite system of currency. For example, there are only 21,000,000 Bitcoins produced for all time.

• Does not require any government or bank to make it work.

• Pricing is decided by the amount of the coins found and used which is combined with the demand from the public to possess them.

• There are several forms of crypto currency, with Bitcoin being first and foremost.

• Can bring great wealth, but, like any investment, has risks.

Most people find the concept of cryptocurrency to be fascinating. It’s a new field that could be the next gold mine for many of them. If you find that cryptocurrency is something you’d like to learn more about then you’ve found the right report. However, I’ve barely touched the surface in this report. There is much, much more to cryptocurrency than what I’ve gone through here.


Source by Wael Rajab

Basic Terms and Slang Expressions – Forex For Beginners


This page contains common terms and slang expressions that should know any trader!

Rate at which bank (dealer) sells a financial instrument. For example, if the quote is EUR / USD = 1.2234 / 38 at the rate of 1.2238 (ask) the Bank will sell euros for US dollars.

Rate at which bank (dealer) buys a financial instrument. For example, if the quote is EUR / USD = 1.2234 / 38 at the rate of 1.2234 (bid) will purchase the bank euros for US dollars.

Transactions in shares of any product without their actual delivery.

The difference between the current price and the closing price the previous trading day.

% Change is calculated as the ratio of Change and the current price of an instrument (% Change = (Change / Price) * 100)

One of the most popular and powerful programs of technical analysis.

OCO (Order Cancel Order)
This order is a combination of two separate orders for the purchase or sale. Once executed one part of the order (the first that can be executed), the alternative order is automatically cancelled.

One of the most popular and powerful programs of technical analysis.

Active Balance
Cash account

Professional market participants conduct transactions with a specific set of instruments on behalf of and at the expense of the client or on its behalf and the client's account on the basis of onerous contracts with the client.

Usable Margin
Funds that can be used to open new positions or removed from the account.

Used Margin
Funds involved in the maintenance of all open positions at the time of the data.

Close position
Make a transaction leading to the closure of the open position.

Indicative quotes (Composit)
Quotes coming from multiple banks. Show the general trend in the Forex market and allow for those. Analysis.

Indicators graphic
Means of technical analysis to help predict the behavior of the market.

Execution warrant
Committing a transaction broker in accordance with the order (warrant) and cancellation of orders.

Credit provided by the bank customer to conduct transactions. Shows how many times the required margin is less than the contract price.

Liquidation Balance (Equity)
Calculated as the difference between the active and total balance of Profit / Loss on all open positions.

Market Liquidity
Liquid market – the market in which relatively frequently committed transaction of buying and selling. A liquid market is characterized by opportunity for the seller (buyer) to quickly sell (buy) goods.

Order to buy or sell currency at a specified price or better. This warrant is usually exposed to capture profits. Can also be used for open positions.

The opening of two positions for one instrument, one specification and the same size in different directions. For example, the opening position 1 eur buy at the open 1 eur sell – called "zalokirovat position."

Loss of the transaction (or in the open position)

Target volume transaction torguemovogo financial instrument. When trading on Forex and CFD markets differentiate minimum and standard lots.

Better price
When selling price is better, if it is higher than is currently available in the market. When purchasing price is better, if it is lower than is currently available in the market.

Market maker
Large banks and financial companies, determining the current level of the exchange rate at the expense of a significant portion of its operations in the total market. Market makers set the current level of the exchange rate through a transaction with each other and with the smaller banks are users of the market.

Market order
Order for immediate purchase / sale of currency at the prevailing price at the moment on the market.

Margin call
The moment when there is a lack of maintenance margin account, you must either update your account or close some open positions.

Deposit (deposit insurance), which provides cover possible losses that may arise in margin trading.

Mini Lot (Mini)
Trade mini lots.

Illiquid market
Illiquid market – the market, which is reliably rare to contract for the purchase and sale. Illiquid market is characterized by lack of opportunities for the seller (buyer) to quickly sell (buy) goods.

Necessary Margin
The amount required to maintain an open position

The fee is charged when passing an open position on the next day.

Order broker to complete the deal under certain conditions.

Refused order
When installing the order agent may refuse to accept it in some cases: If the customer does not have sufficient funds in the account for the transaction If the warrant specific incorrect price: worse for the limit, or better to stop.

Open Position
If the transaction has taken place (buying / selling) and has not yet been committed to its opposite transaction (sale / purchase) on the client's balance existing open positions.

Open positions
To make a deal leading to the emergence of Open Position

Cancel Order
Order broker to cancel an active warrant

The last digit of writing the exchange rate, for example, EURUSD 0.0005 – a five pips.

Enter the market at the minimum possible time, sufficient to take profits, as a rule, the entire capital.

Profit from the transaction (or in the open position)

For Forex is the same as teak.

Intraday time trading tool.

The difference between the quotations of Bid and Ask.

Trade standard lots.

Order to buy or sell contracts in the market brings a certain price, worse than the current market price. This warrant is usually billed to limit losses if the market moved in the opposite direction expected. Can also be used for open positions

Stop Loss
Stop order, fixing a possible loss for a specific open position.

Take Profit
Limit orders, fixing possible profit for a specific open position.

Technical Analysis
The method of forecasting future price trends through the study of graphs of the dynamics of the market for prior periods.

The minimum step change in the price

Trading quotes
Quotations particular bank (broker / a dealer firms). These quotes are committed transaction.

Forex (Foreign Exchange Currency Market)
International market exchange

Fundamental Analysis
The method of forecasting future price trends, based on the analysis of economic data.

Futures Contract
The agreement to buy or sell a specified quantity of a certain commodity at a specified time at a specified price.

Worse price
When selling price is considered to be worse if it is lower than is currently available in the market.

When you purchase price is considered to be worse if it is higher than is currently available in the market.


Source by Dr Michael John