#buy swedish krona online

[random-group-of-crows]

Hello👋, I am Jamal Shamiya, 63 years old, from Gaza.🍉 I live in tents💔. My house was bombed. I suffered fractures in my waist and had to leave. I also suffer from diabetes and high blood pressure. 😭 I used to work as a lawyer, but with the war my work stopped and I have no monthly income. 😟All my children are with me in the tents and were exposed to the same conditions💔. There is no healthy food or clean water, and I am responsible for all of that. They have children.😟 My wife is stuck in Egypt.She went for a specific surgery and no one was there with her. She also suffered a broken hand. She does not have the income to buy the necessary medicines 🙏🚨. Please donate $20, equivalent to 220 Swedish Krona, my link is in my bio, and help us share our campaign so we can evacuate. Sorry if it took so long. I hope you sympathize with us. My account was verified by 90_ghost, 1100kr=100$

I can't give you anything, I don't even have a strong enough online or physical presence to get you to someone who can

[rnorburyuk]

Currency Trading 101: A Beginner’s Guide to Forex

Welcome to the world of Forex trading! If you're new to the game, you might find it overwhelming with all the jargon and the fast-paced nature of the market. But don’t worry—this beginner’s guide to Forex trading will walk you through the essentials, making it easier for you to understand and start your trading journey confidently.

What is Forex?

Currency trading for beginners, or foreign exchange, is the global market for trading currencies. Unlike stock markets, the Forex market operates 24 hours a day, five days a week, because it spans across different time zones worldwide. This market is the largest and most liquid financial market in the world, with a daily trading volume exceeding $6 trillion.

Why Trade Forex?

Accessibility: With a low initial investment, anyone can start trading Forex. You don’t need a large amount of capital to begin.

Liquidity: The high trading volume ensures that you can enter and exit positions quickly without significant price fluctuations.

Flexibility: Forex trading allows you to trade 24/5, making it convenient for traders with different schedules.

Leverage: Brokers often provide leverage, enabling you to control larger positions with a smaller amount of capital.

The Basics of Currency Pairs

In Forex, currencies are traded in pairs. The first currency in the pair is the base currency, and the second is the quote currency. For example, in the pair EUR/USD, EUR is the base currency, and USD is the quote currency. If the EUR/USD is quoted at 1.10, it means one euro is equal to 1.10 US dollars.

Major, Minor, and Exotic Pairs

Major Pairs: These include the most traded currencies and always involve the US dollar. Examples are EUR/USD, USD/JPY, and GBP/USD.

Minor Pairs: These do not involve the US dollar but involve other major currencies. Examples are EUR/GBP and AUD/JPY.

Exotic Pairs: These involve one major currency and one currency from an emerging or smaller economy. Examples are USD/TRY (US Dollar/Turkish Lira) and EUR/SEK (Euro/Swedish Krona).

How to Start Trading Forex

Educate Yourself: Before diving into trading, learn the basics. Use online resources, attend webinars, and read books on Forex trading.

Choose a Reliable Broker: Look for a broker with a good reputation, solid customer service, and appropriate regulatory licenses.

Open a Demo Account: Practice trading with virtual money to understand how the market works without risking real capital.

Develop a Trading Plan: A trading plan should outline your trading goals, risk tolerance, and strategies. Stick to this plan to maintain discipline.

Start Small: When you’re ready to trade with real money, start with a small amount that you can afford to lose.

Basic Strategies for Beginners

Trend Following: Identify and follow the direction of the market trend. If the market is trending upwards, look for buying opportunities. If it’s trending downwards, look for selling opportunities.

Range Trading: When the market is moving sideways, identify key support and resistance levels. Buy at support and sell at resistance.

Breakout Trading: Look for points where the price breaks out of a previously defined range. This often signals the start of a new trend.

Managing Risk

Set Stop-Loss Orders: Always use stop-loss orders to limit your potential losses on each trade.

Use Proper Position Sizing: Never risk more than a small percentage of your trading capital on a single trade.

Stay Informed: Keep up with economic news and events that can affect currency prices.

Conclusion

Forex trading can be a rewarding venture if approached with the right knowledge and strategy. This beginner’s guide to Forex provides a foundation to help you understand the basics of currency trading. Remember to educate yourself continuously, practice diligently, and manage your risks wisely. Happy trading!

[systlin]

Do you know what the conversion rate for that historical fabric store are? I need them for reasons and when I google it I dont believe that fabric Is so cheap!

Google ‘Swedish Krona to dollars(or whatever your local currency is) conversion calculator’ and punch the numbers in there. That’s what I do whenever buying things online from another country.

[catphistopheles]

I wrote a Thing. And if there is any expressed interest in this Thing, I will continue to add little installments on Tumblr. It’s a heteronormative romantic comedy, kinda tropey, but it’s something I really wanted to type out and have fun with. I’ll continue to write it even if there isn’t any interest on Tumblr, simply because I want to write it no matter what.

So without further ado, here is the first and possibly only installment of *Insert Story Name Here When I Think of a Title*

Melli glowered down at the innocuous little slip of paper that sat on top of her desk. She tapped her paintbrush impatiently on her knee , and she was so aggravated that the tapping became more and more forceful, almost painful on her kneecap.

It was a wedding invitation. 

Worse, it was a wedding invitation from her best friend. The one she had been in love with for years before he fell for another woman. Anders Nilsson. The man with the clever mouth and scrappy temper, the man with the charm oozing out of him, the man with the cold steel blue eyes and the hero jaw and the perfect hair and the whiskey-on-the-rocks voice that kept her company during her divorce. 

They met, as gimicky as it sounded, on a random team assignment for an online game they both played. It was chance, their meeting. One in a million chance that she’d end up on the European servers to get paired with him. Her soon-to-be ex husband at the time just so happened to buy her both the game system and the game itself (as a bribery, a sort of “Sorry I cheated on you for the eighth time, please forgive me” present) the same week Anders just so happened to buy his after leaving rehab for a drug addiction he was determined to leave behind. She and Anders clicked almost instantly, formed a solid game friendship, and eventually branched out to all sorts of games, and even conversations through a messaging app on the phone, and eventually actual phone calls, and it just kept becoming more and more intense. 

She left her shitbag ex, took the game system, found an apartment in a near city with her best friend, and started freelancing as a commissioned artist to make ends meet, the whole while kindling this strong sort of attachment to Anders. Anders was always there for her. He’d call her after he left work--with the time difference, it meant she’d get a good morning phone call every day as she got out of bed. She loved it. And he knew she loved it, and so kept it up just to put a smile on her face.

Melli once mentioned she wished she could see more of Sweden with him, and the next day Anders went far out of his daily commute to surprise her with photos of all the touristy things Stockholm had to offer; old town, with its colorful squished-together houses and cobblestone roads; the many rivers and deltas and lakes around his city; the giant city square with its vastly intricate paved gathering spots. He worked in construction and showed off some of the massive skyscrapers he had a hand in building. He was proud of his work, and his city, and gladly shared these with her at the drop of a hat. 

He’d stay up past midnight telling her his most intimate thoughts and secrets. They’d had really good phone sex many times, and it was sadly and ironically the best sex she’d ever had. She told him she loved him. He rejoiced and told her he loved her.

She fell hard, body and soul, for this man.

And then he fell hard, body and soul, for another woman.

It wasn’t fair. Melli had been saving up money to go to Stockholm when he broke the news that he had found a girlfriend--in fact she was three quarters of the way to her goal. She had scrimped and saved and daydreamed and planned and painted her heart out to sell as many projects as she could (while still paying her bills) to be able to afford the trip. Anders and his girlfriend had a rocky relationship--very on again, off again--and Melli had secretly and ashamedly hoped it wouldn’t last. 

But then again, the invitation on her desk. You fool, It seemed to gloat at her the longer she stared at it, You fell so hard and now you’re bruised and alone. She huffed and swept it off the desk and onto the floor, bitter tears threatening to fall from her eyes. She blinked them away.

Melli prided herself on not being a bitter person. She managed to go all twenty five of her years on this planet without holding grudges, or acting on spite, or being unnecessarily cruel or mean spirited. But there’s only so much heartbreak a girl can take… 

She’d have to go to the wedding, of course. This was her best friend, regardless of any heartbreak, and he’d messaged her weeks ago and asked her to attend. 

“It’s really important to me, if you’re able to make it. I know it’s an expensive trip, but you’re my best friend, Mellibelle. I’d love it if you could be there on the happiest day of my life.”

He was the only person she’d let call her by her full first name. It always made her melt when he said it in that accent of his, with that whiskey voice of his, and so she’d agreed before she could so much as think up a good excuse not to attend. 

It wasn’t the money, of course. She’d become quite successful as a freelance artist--pet portraits, mostly, but every now and then a local gallery would arrange a sale of her less generic works--it was the reality of finally seeing him face to face, close enough to touch and hold and kiss, only for him to be completely off limits. It would kill her. 

She had to go.

“Fuck,” she murmured, and begrudgingly powered up her laptop to look at flights and hotels. 

Footsteps behind her signaled her childhood friend and roommate had woken up for the day. She heard Sofia stoop to pick up the invitation and pause to read it. 

“Oof,” Sofia winced, her voice rough with sleep, “Are you going?” 

Sofia, of course, knew the whole sordid history between Melli and Anders. Sofia knew everything about Melli by proximity alone: they’d been friends since elementary school. Melli swiveled in her chair to level a helpless look at her friend, who opened her arms to offer a hug, and the dam broke, and Melli was crying. Sofia stepped forward and enveloped Melli into her arms. 

“Ah, dear,” Sofia said soothingly, pityingly, as she gently patted Melli’s thick dark hair. “Listen, I know this is going to suck. But you’ve always been so good at making the most out of sucky situations! Why don’t you use a little more out of savings and make it a miniature vacation just for you?”

A tiny spark of promise flared in Melli’s chest. She wiped her eyes on Sofia’s sleep shirt and glanced up at her friend. “A woman alone in a foreign country? Isn’t that just asking for a Liam Neeson film?” 

The feeble attempt at a joke got a snort out of Sofia. 

“You’re street smart and I believe in you. Just don’t go into dark alleys, don’t talk to shifty strangers, listen to your intuition, all that good stuff. You deserve a good vacation after that wedding.” Sofia leaned down and pressed a sweet kiss onto Melli’s forehead. “Treat Yourself: Unrequited Love Edition.”

Melli wrinkled her nose, swiveling back around to open several new tabs in her browser, mind reeling with possibilities. “Ew, don’t say unrequited love. Makes me sound so woebegone. How much do you think it costs to rent a boat?” 

Sofia barked out a laugh as she made her way to the kitchen. “More than what you charge for a painting. But the wedding isn’t for another month so you have plenty of time to get cracking on a few more pet portraits.” (The click of the electric kettle, followed by a yawn.) “Maybe hit up Mrs. Marchpane again. Didn’t her seventh cat just have kittens? She’d probably love a family portrait to go with the fleet she’s already commissioned. She’s so… enthusiastic.”

“Not a bad idea! You’re on a roll this morning, and all before you’ve had your tea!” cracked Melli, typing furiously into a US Dollar-to-Swedish-Krona converter. She opened another tab and started typing an email to Mrs. Marchpane.

Dear Mrs. Marchpane, 

I heard the Glorious Miss Tater Tot just gave birth to seven beautiful little kittens. Are you interested in a family portrait to commemorate this joyous occasion? I can give you a special rate as a congratulations…. 

Melli smiled to herself, floored by the plan that was forming in her mind.

“Sofia?” 

“Yes, dear?”

“I owe you so many souvenirs.”

“Bring me back a moose and we’re even.”

“Deal!”

[msbarrows]

Broke the cutter on an Alligator chopper yesterday (after many years of regular use - it was originally bought by my dad ~a decade ago). Went looking online to buy a replacement part or new chopper (or possibly set of choppers). Ended up on the Swedish-based company’s home website and used their online store to order a new set*; not only did they have a shop-in-Canadian-dollars option, but the shipping is free! Even after calculating probable import duties/taxes it comes out to less than what buying from a more local retailer would have.

I am just so tickled to have a Deutsche Post tracking number for something. Also, entirely pleased to avoid the craptacular USPS for shipping

(There is a US-based version of the site also with online store and $CAN option, but they were actually charging several dollars more for the same thing than the Swedish store was; I’d assume it’s something in the exchange rate, like the Canadian dollar has better standing vs the Swedish krona than vs the US dollar.)

* - Went with a full set instead of just a single cutter because when I move out I’ll want a full set for my own use anyway; also ordered them in a different colour so mine can easily be told apart from the remains of the old set.

[random-group-of-crows]

Hello👋, I am Jamal Shamiya, 63 years old, from Gaza.🍉 I live in tents💔. My house was bombed. I suffered fractures in my waist and had to leave. I also suffer from diabetes and high blood pressure. 😭 I used to work as a lawyer, but with the war my work stopped and I have no monthly income. 😟All my children are with me in the tents and were exposed to the same conditions💔. There is no healthy food or clean water, and I am responsible for all of that. They have children.😟 My wife is stuck in Egypt.She went for a specific surgery and no one was there with her. She also suffered a broken hand. She does not have the income to buy the necessary medicines 🙏🚨. Please donate $20, equivalent to 220 Swedish Krona, my link is in my bio, and help us share our campaign so we can evacuate. Sorry if it took so long. I hope you sympathize with us. My account was verified by 90_ghost, 1100kr=100$

I can't give you anything, I don't even have a strong enough online or physical presence to get you to someone who can

[sandlerresearch]

Sweden Cards and Payments - Opportunities and Risks to 2024 published on

https://www.sandlerresearch.org/sweden-cards-and-payments-opportunities-and-risks-to-2024.html

Sweden Cards and Payments - Opportunities and Risks to 2024

Sweden Cards and Payments – Opportunities and Risks to 2024

Summary

GlobalData’s ‘Sweden Cards and Payments – Opportunities and Risks to 2024’ report provides detailed analysis of market trends in the Swedish cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, and direct debits during the review-period (2016-20e).

The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2020e-24f). It also offers information on the country’s competitive landscape, including the market shares of issuers and schemes.

The report brings together GlobalData’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers details of regulatory policy and recent changes in the regulatory structure.

This report provides top-level market analysis, information and insights into the Swedish cards and payments industry, including – – Current and forecast values for each market in the Swedish cards and payments industry, including debit, credit and charge cards. – Detailed insights into payment instruments including cash, cards, credit transfers, and direct debits. It also, includes an overview of the country’s key alternative payment instruments. – E-commerce market analysis. – Analysis of various market drivers and regulations governing the Swedish cards and payments industry. – Detailed analysis of strategies adopted by banks and other institutions to market debit, credit and charge cards.

Scope

– Swedish consumers are increasingly opting for electronic payment solutions instead of cash. To further complement this shift, the central bank is exploring the feasibility of having the country move to a digital currency. The central bank created a detailed action plan for the development of a digital currency system in September 2017. In February 2020, Riksbank and Accenture started a pilot project to develop the digital currency e-Krona. The currency will be based on blockchain technology and would be a government-guaranteed method of payment without credit risk, available to the general public in digital form. To explore the adoption of the digital currency for payments, in December 2020 the central bank started a review that is expected to be completed in November 2022. The review aims to assess if the digital currency can work as a complement to cash, as well as how it can be used by the general public. – To compete with traditional banks in Sweden, digital banks are offering innovative products. In December 2020, Swedish challenger bank Rocket partnered with augmented identity solutions provider IDEMIA to announce the launch of biometric F.CODE debit cards. The card features fingerprint sensors, enabling card holders to make payments using fingerprint authentication. The card is expected to be launched in mid-2021. Apart from Rocket, digital bank Lunar offers virtual cards for payments with enhanced security. Users can generate a virtual Visa Black debit card using the Lunar bank app and add the card to Google Pay for instant payments. – The growing ecommerce market is encouraging companies to launch online shops in Sweden. In October 2020, Amazon launched its first Nordic online store in Sweden. In May 2020, variety store chain Flying Tiger Copenhagen and bodybuilding equipment retailer Eleiko launched their online stores in Sweden.

Reasons to Buy

– Make strategic business decisions, using top-level historic and forecast market data, related to the Swedish cards and payments industry and each market within it. – Understand the key market trends and growth opportunities in the Swedish cards and payments industry. – Assess the competitive dynamics in the Swedish cards and payments industry. – Gain insights into marketing strategies used for various card types in Sweden. – Gain insights into key regulations governing the Swedish cards and payments industry.

[aimytwins]

[ericvick]

It’s ‘Dorsey’s Node’ as Bitcoin Marches Higher, DOGE Chokes

Bitcoin (BTC) was higher early Friday, pushing toward $38,000, around the highest levels in about three weeks. 

The news overnight was mixed, with an Australian central bank official telling lawmakers in the country that bitcoin is “not a payment instrument and it’s not even really money,” while Twitter and Square (SQ) CEO Jack Dorsey tweeted that he had set up his own bitcoin node.

Key price levels: “Should we go higher, we’ll be eyeing the $40,035 mark as the next resistance,” Matt Blom, head of sales and trading for the cryptocurrency exchange firm EQUOS, wrote early Friday in an emailed note. “Should we edge back down, the $34,855 mark will be the level to watch.”

Related: Arcane Crypto Lists on Nasdaq First North After Reverse Takeover

DeFi to the moon: CoinDesk’s Omkar Godbole reported Friday that some investors “look to be temporarily shifting focus away from bitcoin and toward crypto tokens associated with decentralized finance,” such as Compound’s COMP token and Aave’s AAVE. (Read more about this in Bitcoin Watch and Token Watch, below.) 

And dogecoin (DOGE)? The price of the token, symbolized by the dog breed Shiba Inu, was down 16% on Friday, after a brief rally late Thursday. The post below was representative of the flavor of the chatter on Reddit:

Market Moves: Bank of England takes baby step toward negative interest rates 

The Bank of England has asked British banks to prepare for negative interest rates within six months, opening the possibility the U.K. central bank could eventually join counterparts in Europe and Japan in pursuing ultra-loose monetary policy. 

Only an option, we swear: Officials were quick to note the central bank wasn’t signaling an intention to actually push borrowing rates below zero – just that option might be needed at some point. The main bank rate is currently set at 0.1%.  

Story continues

Related: China’s BSN Onboards EY for Ethereum Compliance Tools

“The BOE wants to have its cake and eat it, too: recognize that negative interest rates as a possible tool, which may help keep rates down without delivering what would appear to be a disruptive move,” Marc Chandler, a former head currency strategist for foreign-exchange giants Brown Brothers Harriman and HSBC, wrote Thursday on SeekingAlpha.   

Negative interest rates have always been a head-scratcher, given the prospect that borrowers in the country may at some point find themselves getting to take out loans, rather than forking over interest payments to their lenders. Or that savers might end up paying banks to hold their money, instead of receiving income on deposits.

Bitcoin’s validation? The announcement – made via a published letter that was sent to bankers, with a subsequent news conference held by Bank of England Governor Andrew Bailey – offers the latest validation of the economic scenario many bitcoin bulls are betting on: that despite the ongoing rollout of coronavirus vaccines, the world’s monetary authorities aren’t likely to stop stoking global financial markets with easy money anytime soon. 

More money printing: Economists are reading the tea leaves and coming to the conclusion the Bank of England may also opt to increase its £895 billion (US$1.3 trillion) target for asset purchases, a form of stimulus pioneered by the U.S. Federal Reserve in which central banks essentially pump new money into financial markets. Pantheon, the forecasting firm, predicted Thursday the U.K. central bank will increase the target by £50 billion later this year.   

The Federal Reserve, for what it’s worth, is currently buying $120 billion of assets a month, and Chair Jerome Powell has said there’s no need to cut interest rates to negative levels; currently, the key U.S. short-term rate is set at just above zero. But pressure might build on the Fed to experiment with more unconventional monetary policies if the world’s other major central banks keep moving in that direction.    

Bitcoin Watch

The path of least resistance for bitcoin appears to be to the upside, writes CoinDesk’s Omkar Godbole, as demand continues to outstrip supply.

The cryptocurrency has broken out of a descending channel on the daily chart, indicating scope for a re-test of record highs above $41,900, Godbole wrote Friday. The market focus may shift back to bitcoin if the cryptocurrency charts a quick move upwards. (See chart above.)

Stimulus plan moves forward: The U.S. Senate narrowly voted early Friday to adopt a budget blueprint for President Joe Biden’s $1.9 billion coronavirus relief package, a legislative track that’s being closely watched by bitcoin bulls betting the cryptocurrency can serve as an inflation hedge during an era of outsize government and monetary stimulus.

Dollar strength: The U.S. dollar is on track for its strongest weekly gain since October on investor optimism for a faster economic recovery. The greenback’s strength makes bitcoin’s 14% gain since Sunday look more impressive because the cryptocurrency’s price is denominated in dollars.

Token Watch

DEFI TOKENS MOON: In the past 24 hours, DeFi-linked tokens such as COMP, AAVE, KNC and ZRX leapt to fresh all-time highs. Compound’s governance token COMP clocked a new record of $500, taking the month-to-date gain to above 40%. Oracle provider Chainlink’s LINK token is also benefitting from the broad-based rally across DeFi. AAVE, the token of the DeFi lending protocol Aave, rose 21% to a record. ZRX, from the Ethereum-based decentralized exchange 0x, is up 60% in the past 24 hours.

ETHER GAS PRICE FALLOUT: Japan cryptocurrency exchange Liquid temporarily halted ether (ETH) withdrawals as gas fees hit new highs.

COMPOUND VS. AAVE: Aave has a “fighting chance” to the take the crown from Compound as “DeFi’s most popular lending protocol,” according to The Defiant.  

Celebrity Watch

Who ISN’T investing in crypto these days? LL Cool J, the Queens, N.Y.-born rapper and entrepreneur, is among a glitzy roster of limited partners backing North Island Ventures’ newly revealed $72 million fund, CoinDesk’s Zack Seward reported Thursday. Paul Tudor Jones II, the legendary hedge fund manager who last year was among the first big institutional investors to espouse bitcoin as an inflation hedge, is also involved. North Island Ventures is chaired by Glenn Hutchins, a co-founder of the technology-investment firm Silver Lake and until recently a board member of the Federal Reserve Bank of New York. 

Jack Dorsey has set up his own bitcoin node. The Twitter and Square CEO, who has used his posts to promote the cryptocurrency, shared an image Friday “showing the node in the action of synchronizing with the bitcoin blockchain,” CoinDesk’s Tanzeel Akhtar reported. In the latest post he wrote simply, “Running #bitcoin.”

What Else

$90M hedge fund deceit: Cryptocurrency hedge fund founder Stefan Qin pleaded guilty in New York Thursday to deceiving investors out of more than $90 million. According to a press release from the U.S. Department of Justice on Thursday, Qin, a 24-year-old Australian national and founder of Virgil Capital, had been charged with a single count of securities fraud in Manhattan’s federal court.

Arcane stock goes live: Shares in the Norwegian cryptocurrency analysis firm Arcane Crypto started trading Friday under the ticker ARCANE on Nasdaq First North Growth Market, after completion of reverse takeover. According to this, the stock has a market capitalization of about 1.7 billion Swedish krona ($200 million). 

Move over, GameStop: Brokerage firms report boom in online bond trading, including corporate debt and mortgage-backed securities. 

Was anything wrong with the GameStop saga, or just markets being markets?

U.S. Securities and Exchange Commission investigators are combing social-media and message-board posts for signs that fraud played a role in the recent GameStop (GME) stock-price pump, Bloomberg News reported. Regulators in Massachusetts are also looking into the case.  

Prosecutors reaching: The story shows how pressed the official overseers of traditional markets are to bring a solid case over the move, which appeared to be coordinated by retail stock traders on the Reddit forum r/WallStreetBets. The basic defense is that they were just sharing their opinions publicly, perhaps less suspicious than the type of private information sharing and insider access that’s prized on Wall Street. 

What’s the big deal? Cryptocurrency analysts have noted the similarities between the GameStop saga and the type of anything-goes trading that happens every day in 24-hours-a-day, seven-days-a-week, international digital-asset markets, where no single exchange or country dominates the action and regulations seem to be constantly catching up to the industry’s fast-evolving growth. Coordination on social media? Check. Triple-digit percentage moves? Check. A sometimes complete lack of news to explain price pumps or price dumps? Check.  

So it’s perhaps not surprising some crypto-industry executives are using the opportunity to tee off on everything that’s wrong with the traditional financial system. Or maybe what’s wrong with believing there’s a right way to think about a trade and a wrong way. 

William Quigley, co-founder of WorldWide Asset eXchange, a decentralized video-game and entertainment network, said in emailed comments Thursday that “at its core, investing all about convincing someone else of the merits of buying a stock or other asset – or the opposite.”

Even in traditional markets, there are all sorts of reasons for getting in and out of the market – including “programmatic trading that pays no heed at all to underlying fundamentals.”  

“The notion that WallStreetBets is somehow illegitimate because it is encouraging going long GME without solid fundamentals to back it up there is irrelevant,” Quigley said.

The “pure speculation” in dogecoin recently is no different, he added.

Dogecoin, for those who haven’t followed the thread, is a “meme token,” symbolized by the Japanese dog breed Shina Inu, was launched in 2013 as a joke. Elon Musk, the electric-vehicle and private-spaceflight entrepreneur who’s reportedly the world’s richest man, likes to tweet about it. People are talking about it on the Reddit forum r/SatoshiStreetBets. 

“It has no fundamental value drivers,” Quigley said. “People buy dogecoin for one reason: pure speculation. They hope other people will buy it and pay a higher price.”

Quigley is giving his opinion. Just like the commenters on Reddit and Warren Buffett on CNBC when he talks about the virtues of his conglomerate Berkshire Hathaway’s investments in railroads and Coca-Cola.

Related Stories

[hepcatstore]

We also have a gift card that can be used both online and in our physical store. You can buy a gift card using other currencies but the amount is locked to Swedish krona (SEK) which is also what will be on the gift card. Be safe out there! #hepcatstore #giftcard #staypositive https://ift.tt/3dg50vs

[tipco613]

New Post has been published on http://cryptonewsuniverse.com/american-investors-have-the-green-light-to-buy-bitcoin-exchange-traded-notes/

American Investors Have the Green Light to Buy Bitcoin Exchange-Traded Notes

American Investors Have the Green Light to Buy Bitcoin Exchange-Traded Notes

                                     As of 15 August, US investors are able to buy Bitcoin exchange-traded notes (ETN) via online or offline intermediaries such as brokers or financial institutions.

Thomas Cohen, the co-founder of Fundstrat Global, shared with his Twitter followers on 15 August that Bitcoin Tracker One (CXBTF) is now available in US Dollars, bearing in mind that CoinShares’ product has long been accepted and regulated in Sweden. The news comes as a solution for investors interested in direct investment in Bitcoin (BTC) to enter the crypto market. “Everyone that’s investing in dollars can now get exposure to these products, whereas before, they were only available in euros or Swedish krona,” Ryan Radloff, CEO of CoinShares Holdings Ltd., told Bloomberg. “Given the current climate on the regulatory front in the US, this is a big win for Bitcoin.”

The product, known as Bitcoin Tracker One, was listed on the Nasdaq Stockholm exchange since 2015. The new service is considered to be a more efficient substitute for the so-called ETF or Exchange-Traded Fund that appears to be avoided by US regulatory bodies for several reasons that are powered by suspicions. We would like to remind you that the Bitcoin ETF proposal issued by billionaires Tyler and Cameron Winklevoss was rejected last month by US authorities while the decision for another similar project created by VanEck Associates Corp. and SolidX Partners Inc. was postponed until September.

Acquisition of Bitcoin Tracker One is done in the same way as for an American depositary receipt. Investors that buy F shares can be assured that transactions made in U.S. dollars are settled, compensated, and kept under the supervision of investors’ home market, reported OTC Markets Group. Compared to the ETF, the exchange-traded notes are debt instruments, which are assisted by their issuers, usually a financial institution, rather than “a pool of assets”, wrote Bloomberg. “I do see this as a competitive product,” claimed Radloff, CoinShares Holdings Ltd. CEO. “Our products historically have not traded at a premium and are liquid.”

Article Produced By Adriana M.

Adriana M. is a web content writer and editor at Brantell, Coindoo, and TheCCPress, who takes care that the articles you read are user-friendly and the subjects are among the most sought-after. She is passionate about discovering new things in the cryptocurrency and blockchain industry.

https://coindoo.com/american-investors-have-the-green-light-to-buy-bitcoin-exchange-traded-notes/

[bowsetter]

Swedish Government Auctions Cryptocurrency Again

The Swedish Enforcement Authority, Kronofogden, is once again auctioning off cryptocurrency that has been allotted for public sale. The online auction, which is the second of this kind the government agency conducts, starts on Friday, October 11.

Also read: Sean Walsh: Cryptocurrencies Can Harness More Human Energy

BTC Worth $37,000 Offered to the Public

The office of Sweden’s bailiff, the government debt collecting organization, offers potential buyers to acquire 4.59 BTC valued at around 370,000 Swedish krona, or approximately $37,700, according to the current exchange rate. That’s close to $8,200 per coin, while BTC is trading on cryptocurrency markets just below the $8,400 mark at the time of writing.

Kronofogden first auctioned bitcoins it had in its custody about two years ago, when the highest bid was placed at 43,000 Swedish krona. That was way above the market value of the cryptocurrency, which was then 27,600 krona, the Swedish outlet Di reminds. The sale was met with great interest.

“Many people ask why we auction the cryptocurrency and we don’t exchange it ourselves. The answer is that there is no infrastructure that meets our requirements,” explained Johannes Paulson, a representative of the Swedish Enforcement Authority. “We have to do it in a quality-assured way to know the money isn’t going to be lost,” he elaborated as quoted in a press release.

There is a choice of platforms allowing users to purchase cryptocurrencies in a safe and secure way. But auctions conducted by government institutions also provide buyers with undeniable proof of the funds’ origin. In the absence of comprehensive regulations in many jurisdictions, buying crypto from the state is a safe option as the legality of the transaction cannot be questioned by the authorities.

Crypto Seized From Debtors

Sweden’s Kronofogden, or Kronofogdemyndigheten as is its full name, is responsible for debt collection, distraint, and evictions in the Nordic country. It is the only government agency authorized to withdraw money from debtors’ bank accounts and seize property. “As more people use bitcoin, the likelihood a debtor can also own the currency increases,” the announcement notes.

“Property can be found not only on driveways and in living rooms, but also on the internet. Nowadays, we are looking for assets in computers and hard drives as well as in phones and web services,” Johannes Paulson explains. He emphasized that the foreclosure this time was conducted in close cooperation with the Swedish police. The fiat money from the auction will go to pay off the owner’s debts.

Although Kronofogden encounters cryptocurrencies more and more often, the Crown Bailiff Authority admits it faces difficulties trying to get into encrypted wallets that store the digital coins. In order to achieve that, it relies on joint efforts with the Police Authority of Sweden and the Swedish Tax Agency, the official added.

When Kronofogden suspects that a debtor owns crypto, it works actively to find, evaluate and then sell the digital holdings to compensate the creditor. If the sale generates more than the amount of the debt, the surplus goes back to the debtor. Kronofogden is obliged to aim for the highest possible price for the assets it sells.

Would you buy cryptocurrency at a government-held auction? Share your thoughts on the subject in the comments section below.

Images courtesy of Shutterstock.

Do you want to keep an eye on moving cryptocurrency prices? Visit our Bitcoin Markets tool to get real-time price updates, and head over to our Blockchain Explorer tool to view all previous BCH and BTC transactions.

The post Swedish Government Auctions Cryptocurrency Again appeared first on Bitcoin News.

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H&M trims store opening plans as shoppers opt to buy online

H&M has cut the number of new stores it expects to open in its current full-year as its customers opt to make more of their purchases online. The Swedish fast fashion retailer now expects to open around 130 new stores this year – 45 fewer than previously expected.

  The update comes as H&M publishes half-year figures that show online sales grew by 27% in Swedish krona, and by 20% in local currencies. In the six months to May 31 2019, total group net sales grew by 11% to SEK 57.5bn (£4.8bn) (or 6% in local currencies). Profit after one-off costs and before tax came to SEK 5.9bn (£0.49bn), down slightly from SEK 6bn (£0.5bn) last time.

  H&M chief executive Karl-Johan Persson said: “By continuing to integrate our physical and digital channels we are making the shopping experience inspiring, easy and convenient for customers wherever we meet them. This and other extensive investments are driving costs in the short term. For example, our new online platform and our new logistics systems have not yet achieved full efficiency but for customers have resulted in improvements such as faster and more flexible deliveries and a more seamless shopping experience. We have also increased the value for our customers through further investments in the customer offering so that we offer the best combination of fashion, quality, price and sustainability.”

  H&M Group, whose brands include H&M, an Elite retailer in IRUK Top500 research, as well as Cos, & Other Stories, and Afound, is now prioritising the integration of online and physical stores and improvements to online delivery options and payments. It will continue to develop new store concepts as well. Advanced data analytics and artificial intelligence are being introduced as part of work to make the supply chain faster and more efficient.

  The retailer has opened online in Mexico and will launch online via franchise in Thailand, Indonesia and Egypt. It will also sell via third-party marketplaces, launching H&M on Myntra in India and & Other Stories on Tmall in China.

  Persson added: “Our transformation work in response to the rapid shift in fashion retail is continuing at full speed. While the costs of this have held back profitability in the short term, we remain convinced that our focus on meeting customers’ increased expectations will contribute to a gradual increase in profitability and to long-term positive development for the H&M group.”

  In April H&M introduced new transparency filters that show where and how its clothing was made, enabling customers to make sustainability choices. It has also developed its digital features and has expanded its customer loyalty programme - it now has more than 43m members.

  Commenting, Kate Ormrod, lead retail analyst at data and analytics company GlobalData, said the figures showed no unexpected roadblocks that might hinder its transformation plan, although profitability remained a sticking point. That would be tested in the second half of the year. She welcomed plans to “invest in online as consumer spending shifts to this channel.”

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Scandinavian Airlines – $447: Newark – Stockholm, Sweden. Roundtrip, including all Taxes

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A good sale for nonstop service to Stockholm.

Here are some practical travel tips to Sweden. And one for Stockholm.

Sample Travel Date:

This is just ONE SAMPLE travel date, for more availability, please follow the “Fare Availability” and “How to Search for Availability” instructions below

Fare Availability:

Valid for travel from January 2019 – mid May 2019. A Sunday stay is required. Availability is limited. Must purchase at least 28 days in advance of departure

Please note that while this fare is valid at time of posting, if this post is more than two days old, the fare is likely gone.

How to Search for Availability:

This is just to search for availability. To buy your tickets, scroll down to “How to Buy” section of this post

The ITA search page should be like below when all values are inputted

You cannot buy tickets using ITA. To buy, follow our instructions in the “How to Buy” section below.

Fare Class:

Routing:

EWR – ARN (Stockholm) – EWR

Stopover:

Mileage:

Scandinavian Airlines is a member of the Star Alliance and United partner. Mileage earning with United is as follows:

Miles Flown: 7,834 miles or 5.7 cents per mile

Elite Qualifying Miles: 3,917 miles

Redeemable Miles: 3,917 miles

How to Buy:

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Background Information:

Visa: US Citizens – Not required. Other nationals, check the TIMATIC Visa Database

Currency: Swedish Krona (SEK). $1USD = 8.97 SEK

Tips for saving when using credit cards at international destinations:

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* The Flight Deal will receive a commission if you use the Priceline, accommodation, car rental, activities, or travel insurance affiliate links to make a booking or apply and is approved for a credit card using our link above. Thank you for your continuing support.

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Source: https://www.theflightdeal.com/2018/10/14/scandinavian-airlines-447-newark-stockholm-sweden-roundtrip-including-all-taxes/