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CRYPTOCURRENCY BITCOIN

CRYPTOCURRENCY BITCOIN
Bitcoin Table of contents expand: 1. What is Bitcoin? 2. Understanding Bitcoin 3. How Bitcoin Works 4. What's a Bitcoin Worth? 5. How Bitcoin Began 6. Who Invented Bitcoin? 7. Before Satoshi 8. Why Is Satoshi Anonymous? 9. The Suspects 10. Can Satoshi's Identity Be Proven? 11. Receiving Bitcoins As Payment 12. Working For Bitcoins 13. Bitcoin From Interest Payments 14. Bitcoins From Gambling 15. Investing in Bitcoins 16. Risks of Bitcoin Investing 17. Bitcoin Regulatory Risk 18. Security Risk of Bitcoins 19. Insurance Risk 20. Risk of Bitcoin Fraud 21. Market Risk 22. Bitcoin's Tax Risk What is Bitcoin?
Bitcoin is a digital currency created in January 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity is yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.
There are no physical bitcoins, only balances kept on a public ledger in the cloud, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite it not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of other virtual currencies collectively referred to as Altcoins.
Understanding Bitcoin Bitcoin is a type of cryptocurrency: Balances are kept using public and private "keys," which are long strings of numbers and letters linked through the mathematical encryption algorithm that was used to create them. The public key (comparable to a bank account number) serves as the address which is published to the world and to which others may send bitcoins. The private key (comparable to an ATM PIN) is meant to be a guarded secret and only used to authorize Bitcoin transmissions. Style notes: According to the official Bitcoin Foundation, the word "Bitcoin" is capitalized in the context of referring to the entity or concept, whereas "bitcoin" is written in the lower case when referring to a quantity of the currency (e.g. "I traded 20 bitcoin") or the units themselves. The plural form can be either "bitcoin" or "bitcoins."
How Bitcoin Works Bitcoin is one of the first digital currencies to use peer-to-peer technology to facilitate instant payments. The independent individuals and companies who own the governing computing power and participate in the Bitcoin network, also known as "miners," are motivated by rewards (the release of new bitcoin) and transaction fees paid in bitcoin. These miners can be thought of as the decentralized authority enforcing the credibility of the Bitcoin network. New bitcoin is being released to the miners at a fixed, but periodically declining rate, such that the total supply of bitcoins approaches 21 million. One bitcoin is divisible to eight decimal places (100 millionths of one bitcoin), and this smallest unit is referred to as a Satoshi. If necessary, and if the participating miners accept the change, Bitcoin could eventually be made divisible to even more decimal places. Bitcoin mining is the process through which bitcoins are released to come into circulation. Basically, it involves solving a computationally difficult puzzle to discover a new block, which is added to the blockchain and receiving a reward in the form of a few bitcoins. The block reward was 50 new bitcoins in 2009; it decreases every four years. As more and more bitcoins are created, the difficulty of the mining process – that is, the amount of computing power involved – increases. The mining difficulty began at 1.0 with Bitcoin's debut back in 2009; at the end of the year, it was only 1.18. As of February 2019, the mining difficulty is over 6.06 billion. Once, an ordinary desktop computer sufficed for the mining process; now, to combat the difficulty level, miners must use faster hardware like Application-Specific Integrated Circuits (ASIC), more advanced processing units like Graphic Processing Units (GPUs), etc.
What's a Bitcoin Worth? In 2017 alone, the price of Bitcoin rose from a little under $1,000 at the beginning of the year to close to $19,000, ending the year more than 1,400% higher. Bitcoin's price is also quite dependent on the size of its mining network since the larger the network is, the more difficult – and thus more costly – it is to produce new bitcoins. As a result, the price of bitcoin has to increase as its cost of production also rises. The Bitcoin mining network's aggregate power has more than tripled over the past twelve months.
How Bitcoin Began
Aug. 18, 2008: The domain name bitcoin.org is registered. Today, at least, this domain is "WhoisGuard Protected," meaning the identity of the person who registered it is not public information.
Oct. 31, 2008: Someone using the name Satoshi Nakamoto makes an announcement on The Cryptography Mailing list at metzdowd.com: "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. The paper is available at http://www.bitcoin.org/bitcoin.pdf." This link leads to the now-famous white paper published on bitcoin.org entitled "Bitcoin: A Peer-to-Peer Electronic Cash System." This paper would become the Magna Carta for how Bitcoin operates today.
Jan. 3, 2009: The first Bitcoin block is mined, Block 0. This is also known as the "genesis block" and contains the text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks," perhaps as proof that the block was mined on or after that date, and perhaps also as relevant political commentary.
Jan. 8, 2009: The first version of the Bitcoin software is announced on The Cryptography Mailing list.
Jan. 9, 2009: Block 1 is mined, and Bitcoin mining commences in earnest.
Who Invented Bitcoin?
No one knows. Not conclusively, at any rate. Satoshi Nakamoto is the name associated with the person or group of people who released the original Bitcoin white paper in 2008 and worked on the original Bitcoin software that was released in 2009. The Bitcoin protocol requires users to enter a birthday upon signup, and we know that an individual named Satoshi Nakamoto registered and put down April 5 as a birth date. And that's about it.
Before Satoshi
Though it is tempting to believe the media's spin that Satoshi Nakamoto is a solitary, quixotic genius who created Bitcoin out of thin air, such innovations do not happen in a vacuum. All major scientific discoveries, no matter how original-seeming, were built on previously existing research. There are precursors to Bitcoin: Adam Back’s Hashcash, invented in 1997, and subsequently Wei Dai’s b-money, Nick Szabo’s bit gold and Hal Finney’s Reusable Proof of Work. The Bitcoin white paper itself cites Hashcash and b-money, as well as various other works spanning several research fields.
Why Is Satoshi Anonymous?
There are two primary motivations for keeping Bitcoin's inventor keeping his or her or their identity secret. One is privacy. As Bitcoin has gained in popularity – becoming something of a worldwide phenomenon – Satoshi Nakamoto would likely garner a lot of attention from the media and from governments.
The other reason is safety. Looking at 2009 alone, 32,489 blocks were mined; at the then-reward rate of 50 BTC per block, the total payout in 2009 was 1,624,500 BTC, which at today’s prices is over $900 million. One may conclude that only Satoshi and perhaps a few other people were mining through 2009 and that they possess a majority of that $900 million worth of BTC. Someone in possession of that much BTC could become a target of criminals, especially since bitcoins are less like stocks and more like cash, where the private keys needed to authorize spending could be printed out and literally kept under a mattress. While it's likely the inventor of Bitcoin would take precautions to make any extortion-induced transfers traceable, remaining anonymous is a good way for Satoshi to limit exposure.
The Suspects
Numerous people have been suggested as possible Satoshi Nakamoto by major media outlets. Oct. 10, 2011, The New Yorker published an article speculating that Nakamoto might be Irish cryptography student Michael Clear or economic sociologist Vili Lehdonvirta. A day later, Fast Company suggested that Nakamoto could be a group of three people – Neal King, Vladimir Oksman and Charles Bry – who together appear on a patent related to secure communications that were filed two months before bitcoin.org was registered. A Vice article published in May 2013 added more suspects to the list, including Gavin Andresen, the Bitcoin project’s lead developer; Jed McCaleb, co-founder of now-defunct Bitcoin exchange Mt. Gox; and famed Japanese mathematician Shinichi Mochizuki.
In December 2013, Techcrunch published an interview with researcher Skye Grey who claimed textual analysis of published writings shows a link between Satoshi and bit-gold creator Nick Szabo. And perhaps most famously, in March 2014, Newsweek ran a cover article claiming that Satoshi is actually an individual named Satoshi Nakamoto – a 64-year-old Japanese-American engineer living in California. The list of suspects is long, and all the individuals deny being Satoshi.
Can Satoshi's Identity Be Proven?
It would seem even early collaborators on the project don’t have verifiable proof of Satoshi’s identity. To reveal conclusively who Satoshi Nakamoto is, a definitive link would need to be made between his/her activity with Bitcoin and his/her identity. That could come in the form of linking the party behind the domain registration of bitcoin.org, email and forum accounts used by Satoshi Nakamoto, or ownership of some portion of the earliest mined bitcoins. Even though the bitcoins Satoshi likely possesses are traceable on the blockchain, it seems he/she has yet to cash them out in a way that reveals his/her identity. If Satoshi were to move his/her bitcoins to an exchange today, this might attract attention, but it seems unlikely that a well-funded and successful exchange would betray a customer's privacy.
Receiving Bitcoins As Payment
Bitcoins can be accepted as a means of payment for products sold or services provided. If you have a brick and mortar store, just display a sign saying “Bitcoin Accepted Here” and many of your customers may well take you up on it; the transactions can be handled with the requisite hardware terminal or wallet address through QR codes and touch screen apps. An online business can easily accept bitcoins by just adding this payment option to the others it offers, like credit cards, PayPal, etc. Online payments will require a Bitcoin merchant tool (an external processor like Coinbase or BitPay).
Working For Bitcoins
Those who are self-employed can get paid for a job in bitcoins. There are several websites/job boards which are dedicated to the digital currency:
Work For Bitcoin brings together work seekers and prospective employers through its websiteCoinality features jobs – freelance, part-time and full-time – that offer payment in bitcoins, as well as Dogecoin and LitecoinJobs4Bitcoins, part of reddit.comBitGigs
Bitcoin From Interest Payments
Another interesting way (literally) to earn bitcoins is by lending them out and being repaid in the currency. Lending can take three forms – direct lending to someone you know; through a website which facilitates peer-to-peer transactions, pairing borrowers and lenders; or depositing bitcoins in a virtual bank that offers a certain interest rate for Bitcoin accounts. Some such sites are Bitbond, BitLendingClub, and BTCjam. Obviously, you should do due diligence on any third-party site.
Bitcoins From Gambling
It’s possible to play at casinos that cater to Bitcoin aficionados, with options like online lotteries, jackpots, spread betting, and other games. Of course, the pros and cons and risks that apply to any sort of gambling and betting endeavors are in force here too.
Investing in Bitcoins
There are many Bitcoin supporters who believe that digital currency is the future. Those who endorse it are of the view that it facilitates a much faster, no-fee payment system for transactions across the globe. Although it is not itself any backed by any government or central bank, bitcoin can be exchanged for traditional currencies; in fact, its exchange rate against the dollar attracts potential investors and traders interested in currency plays. Indeed, one of the primary reasons for the growth of digital currencies like Bitcoin is that they can act as an alternative to national fiat money and traditional commodities like gold.
In March 2014, the IRS stated that all virtual currencies, including bitcoins, would be taxed as property rather than currency. Gains or losses from bitcoins held as capital will be realized as capital gains or losses, while bitcoins held as inventory will incur ordinary gains or losses.
Like any other asset, the principle of buying low and selling high applies to bitcoins. The most popular way of amassing the currency is through buying on a Bitcoin exchange, but there are many other ways to earn and own bitcoins. Here are a few options which Bitcoin enthusiasts can explore.
Risks of Bitcoin Investing
Though Bitcoin was not designed as a normal equity investment (no shares have been issued), some speculative investors were drawn to the digital money after it appreciated rapidly in May 2011 and again in November 2013. Thus, many people purchase bitcoin for its investment value rather than as a medium of exchange.
However, their lack of guaranteed value and digital nature means the purchase and use of bitcoins carries several inherent risks. Many investor alerts have been issued by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the Consumer Financial Protection Bureau (CFPB), and other agencies.
The concept of a virtual currency is still novel and, compared to traditional investments, Bitcoin doesn't have much of a long-term track record or history of credibility to back it. With their increasing use, bitcoins are becoming less experimental every day, of course; still, after eight years, they (like all digital currencies) remain in a development phase, still evolving. "It is pretty much the highest-risk, highest-return investment that you can possibly make,” says Barry Silbert, CEO of Digital Currency Group, which builds and invests in Bitcoin and blockchain companies.
Bitcoin Regulatory Risk
Investing money into Bitcoin in any of its many guises is not for the risk-averse. Bitcoins are a rival to government currency and may be used for black market transactions, money laundering, illegal activities or tax evasion. As a result, governments may seek to regulate, restrict or ban the use and sale of bitcoins, and some already have. Others are coming up with various rules. For example, in 2015, the New York State Department of Financial Services finalized regulations that would require companies dealing with the buy, sell, transfer or storage of bitcoins to record the identity of customers, have a compliance officer and maintain capital reserves. The transactions worth $10,000 or more will have to be recorded and reported.
Although more agencies will follow suit, issuing rules and guidelines, the lack of uniform regulations about bitcoins (and other virtual currency) raises questions over their longevity, liquidity, and universality.
Security Risk of Bitcoins
Bitcoin exchanges are entirely digital and, as with any virtual system, are at risk from hackers, malware and operational glitches. If a thief gains access to a Bitcoin owner's computer hard drive and steals his private encryption key, he could transfer the stolen Bitcoins to another account. (Users can prevent this only if bitcoins are stored on a computer which is not connected to the internet, or else by choosing to use a paper wallet – printing out the Bitcoin private keys and addresses, and not keeping them on a computer at all.) Hackers can also target Bitcoin exchanges, gaining access to thousands of accounts and digital wallets where bitcoins are stored. One especially notorious hacking incident took place in 2014, when Mt. Gox, a Bitcoin exchange in Japan, was forced to close down after millions of dollars worth of bitcoins were stolen.
This is particularly problematic once you remember that all Bitcoin transactions are permanent and irreversible. It's like dealing with cash: Any transaction carried out with bitcoins can only be reversed if the person who has received them refunds them. There is no third party or a payment processor, as in the case of a debit or credit card – hence, no source of protection or appeal if there is a problem.
Insurance Risk
Some investments are insured through the Securities Investor Protection Corporation. Normal bank accounts are insured through the Federal Deposit Insurance Corporation (FDIC) up to a certain amount depending on the jurisdiction. Bitcoin exchanges and Bitcoin accounts are not insured by any type of federal or government program.
Risk of Bitcoin Fraud
While Bitcoin uses private key encryption to verify owners and register transactions, fraudsters and scammers may attempt to sell false bitcoins. For instance, in July 2013, the SEC brought legal action against an operator of a Bitcoin-related Ponzi scheme.
Market Risk
Like with any investment, Bitcoin values can fluctuate. Indeed, the value of the currency has seen wild swings in price over its short existence. Subject to high volume buying and selling on exchanges, it has a high sensitivity to “news." According to the CFPB, the price of bitcoins fell by 61% in a single day in 2013, while the one-day price drop in 2014 has been as big as 80%.
If fewer people begin to accept Bitcoin as a currency, these digital units may lose value and could become worthless. There is already plenty of competition, and though Bitcoin has a huge lead over the other 100-odd digital currencies that have sprung up, thanks to its brand recognition and venture capital money, a technological break-through in the form of a better virtual coin is always a threat.
Bitcoin's Tax Risk
As bitcoin is ineligible to be included in any tax-advantaged retirement accounts, there are no good, legal options to shield investments from taxation.
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Related Terms
Satoshi
The satoshi is the smallest unit of the bitcoin cryptocurrency. It is named after Satoshi Nakamoto, the creator of the protocol used in block chains and the bitcoin cryptocurrency.
Chartalism Chartalism is a non-mainstream theory of money that emphasizes the impact of government policies and activities on the value of money.
Satoshi Nakamoto The name used by the unknown creator of the protocol used in the bitcoin cryptocurrency. Satoshi Nakamoto is closely-associated with blockchain technology.
Bitcoin Mining, Explained Breaking down everything you need to know about Bitcoin Mining, from Blockchain and Block Rewards to Proof-of-Work and Mining Pools.
Understanding Bitcoin Unlimited Bitcoin Unlimited is a proposed upgrade to Bitcoin Core that allows larger block sizes. The upgrade is designed to improve transaction speed through scale.
Blockchain Explained
A guide to help you understand what blockchain is and how it can be used by industries. You've probably encountered a definition like this: “blockchain is a distributed, decentralized, public ledger." But blockchain is easier to understand than it sounds.
Top 6 Books to Learn About Bitcoin About UsAdvertiseContactPrivacy PolicyTerms of UseCareers Investopedia is part of the Dotdash publishing family.The Balance Lifewire TripSavvy The Spruceand more
By Satoshi Nakamoto
Read it once, go read other crypto stuff, read it again… keep doing this until the whole document makes sense. It’ll take a while, but you’ll get there. This is the original whitepaper introducing and explaining Bitcoin, and there’s really nothing better out there to understand on the subject.
“What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party

submitted by adrian_morrison to BlockchainNews [link] [comments]

MEDICALCHAIN REVIEW

A lot of people are talking about this project and as a potential investor i decided to run some checks on it and see if it's worth. Everyone is pumped about it but after a closer look I'm not sure it's worth its price. Therefore let's have a look at the facts :
Medicalchain.com LTD
The company was incorporated on 28/06/2017 under the name MEDICALCHAIN.IO LTD as a private company limited by ordinary shares.
Three directors are appointed: Mr. Mohammed Tayeb, Mr. Abdullah Dafir Albeyatti and Mr. Bara Mustafa.
The initial shareholdings (total of 999) are split in 3 equal parts:
1/3 (333) owned by Mr. Abdullah Dafir Albeyatti
1/3 (333) owned by Mr. Bara Mustafa
1/3 (333) owned by XL CAPITAL VENTURES LTD (owned by Mohammed Tayeb and Omar Tayeb)
At 24/07/2017 the number of shares is increased to 1332, with XL CAPITAL VENTURES LTD holding 666 ordinary shares.
At 13/08/2017 XL CAPITAL VENTURES LTD cease to be a shareholder, with MR Mohammed Tayeb now holding the 666 shares previously held by XL Capital.
At 14/08/2018 MEDICALCHAIN.IO LTD becomes MEDICALCHAIN.COM LTD
Below you can find a bit about every member of the team starting with the top dogs.
MOHAMMED TAYEB :: Director
MR MOHAMMED TAYEB description taken from medicalchain.com.
Mr. Mohammed Tayeb is a Partner at Hearn Capital Limited. Mr. Tayeb co-founded ReadyCache. In 2010, he headed up the development side of morethan.com. During his time there, Mr. Tayeb architected and developed a system to drive down online fraud, saving its over £40 million. Prior to that, he ran a boutique consultancy business in the field of mobile web and application development. Together with his brother and Co-Founder, they own over eight games and utility applications on the Apple and Google Play apps market, with over 10 million downloads. Mr. Tayeb is an internet entrepreneur, investor, and founder of several technology and e-commerce start-ups. As well being a Partner in Hearn Capital, he is also a Non-Executive Director on the board of Salic. Mr. Tayeb specializes in bringing together technological efficiencies to the business world. He has a degree in e-commerce from Brunel University and an Executive MBA from the University of Oxford.
I’ve done an extensive background check and noticed that Mr Mohammed Tayeb has had his fingers in many pies since 2010 being appointed director in and out of more than 15 companies. I am not sure if I would trust him with my money as it looks like he cant commit to something for a longer period of time.
Below you can find part of his work history:
MONSTER TECHNOLOGIES LTD :: Director since 9 January 2017 :: Active - no information found
HEARN CAPITAL LIMITED :: Director since 21 January 2016 :: Active
The company is owned from background by Influential (Holdings) Limited owning more than 50% of shares with a total equity of £1.7 mil.
Basically Influential Holding has lent Hearn Capital 1.2 million to invest in different companies. To me it looks like Mohammed has no skin in this as Influential Holdings Limited is owned by Mr Andrew Richardson and Mr John Edward Simpson.
GOODSHAW CAPITAL MANAGEMENT LTD :: Director since 6 January 2016 :: Company still active Dormant company aka not carrying any business activity
DYNISTICS LIMITED :: Director since 03/03/2015 :: Company still active
Acquisition of Dynistics https://www.dynistics.com/ :: a software company that Hearncapital bought in 2015 which counts colleges, NHS Foundation Trusts and recruitment agencies as clients.
Link for acquisition:https://www.insidermedia.com/insidemidlands/141513-hearn-capital-buys-solihull-software-company
Dynistics is listed as a “small company” and the directors have elected not to include a copy of the profit and loss account within the financial statements. Total equity registered at the end of 2016 : £16.557
SALIC(UK)Limited :: Director since 22/01/2015 :: Company still active
Saudi Agricultural and Livestock investment company: this company belongs to Ministry Of Finance (Saudi Arabia) and financed with over 300 million pounds in capital and 75% or more ownership.
The Travel booking Company LTD :: Director since 19/11/2014 : Dissolved 29/03/2016
XL Capital Investment LTD :: Director 17/03/2014 :: Dissolved : 04/07/2017 - no other information found
Global Labs Technology Limited :: Director since 10/12/2013 –Dissolved : 18/07/2016 - No record, probably westernlabs.com which has no track record nor an online presence
Ready Cache Technologies LTD :: Director since 01/10/2013 :: Dissolved : 04/07/2017 - ReadyCache is a website that accelerates your online content and delivers the best possible speeds to you.
Pepperstone Limited :: Director 13/02/2017 – 22/06/2017 :: Resigned (former 123FX.COM LTD)
Pepperstone acquired 123FX.COM LTD what is now its UK subsidiary from Mohammed Tayeb, who alongside his broker Omar Tayeb established an FCA regulated shell with plans to launch a retail forex brokerage called 123FX.com. The business was never launched, and instead was sold to Pepperstone in late 2015.
Pepperstone has suspended trading for clients in its UK subsidiary as the company is making some changes to its management structure and processes, and bringing on some additional resources in its UK office. To comply with its FCA obligations Pepperstone has had to temporarily suspend trading in the UK until all of the changes are complete and the additional resources are in place.
http://www.checkdirector.co.uk/directomohammed-tayeb/ https://www.leaprate.com/forex/brokers/pepperstone-swaps-phil-horner-mohammed-tayeb-board-uk-fx-relaunch/
Some other companies he had been involved with:
• Director House of Choice Stores LTD :: 2013 – 2016 Disolved
• Director XI Capital Ventures LTD :: 2014-2017 Disolved
• Director UR Trading :: 2002 – 2010 Disolved
• Director LOVEFRAGRANCE INTERNATIONAL LTD :: 2012 – Dissolved 2013
• Director DAR FIRST LIMITED :: 2007 – Dissolved 2011
• Director BLACKSTONE E-COMMERCE LIMITED :: 2011 – Dissolved 2013
All this information can be found at https://beta.companieshouse.gov.uk/ . You just lookup his name or company names and access the records.
** Mr. Abdullah Dafir Albeyatti :: Director**
Enthusiastic doctor with a wide range of skills and interests. Currently completing my general practice training in Leeds. Previous surgical trainee in the London Deanery. My ambition is to continue improving as a doctor and to develop myself in other fields of medicine and aesthetic training.
He is also the founder of dischargesummary.co.uk. The website is described as a website designed to streamline and lessen the work load placed on junior doctors by standardising the content of discharge summaries produced when a patient is discharged from hospital. This platform has allowed hospital departments to establish quality assurance and accurately produce reliable discharge summaries to effectively commute between hospital and community medicine.
I checked the website and 3 out of 6 features are under development. The site is now redirected to https://ds.medicalchain.com/
Mr. Bara Mustafa :: DirectoCTO
There is no mention of Mr Bara Mustafa on the mediclchain.com which is weird as he is one of the directors and shareholder. It looks like Mr Bara occupation is CTO, which surely would be of interested to the public. Mr Bara is also a OwneDirector of ENETIDEAS LTD since 2010 rendering services as IT Consultant.
https://www.enetideas.com :: the website is not functional, none of the products links are working.
Jay Povey :: Blockchain developer at medicalchain
His introductory linkedin line :
Self taught programmer, programming for 7+ years. BA(Hons) from Buckinghamshire New University. Since January I joined Medicalchain to help create a world class blockchain platform for electronic health records. Previously worked on forex trading algorithm using deep learning / pattern recognition techniques. I have had a keen interest in blockchain technology over the past 2 years. I have been learning the ins and outs of the technology and Im very excited about the future of blockchain. I see great potential for revolutionizing the way businesses are run.
He started coding for Medicalchain in 2017 previously working for 2 years for one of Mohammed companies ReadyCache which was dissolved.
I’m not sure about his experience developing “on forex trading algorithm” as at the previous company ReadyCache they were “building software that is making a difference to webmasters and large companies. We accelerate our customers’ websites, save our customers money and enhance user experience”
Before ReadyCache he worked for a college as an IT technicial and e-learning advisor.
Also I’m not sure what to make out of his facebook profile, he comes across a bit weird. Also on one of his facebook posts he was asking where you can buy bitcoin in may 2017 but on his summary : “I have had a keen interest in blockchain technology over the past 2 years. I have been learning the ins and outs of the technology and Im very excited about the future of blockchain”
https://www.facebook.com/jaypov
Robert Miller :: Director Of Business Development
Looks like his CV is somehow better than the rest, again worked alongside Mohammed at Goodshaw Capital for 1 year. Freelanced a few blockchain projects so I would say he is the one who will drive the project as longs as the money are coming in.
Linkedin https://www.linkedin.com/in/bertcmiller
Natalie Furness :: Communication Director
She has a background in healthcare industry, namely working as a physiotherapist since 2010. She also lectured for Physiotherapy and Sports Exercise Scientist students at Birmingham University and currently working as a project manager for a company offering solutions to the occupational health sector.
The rest of the team occupies either associates or consultants positions for a short period of time 2-3 months.
To sum it up : the initial £5000 pre-ICO investment is way way exaggerated based on the fact that there is nothing to show for at the present moment, just ideas. Mr Mohammed has started 15+ companies and most of them are dissolved which doesn't sound very promising. On top of that he now owns half the company whereas initially the company was split in thirds. Their CTO is not mentioned anywhere on the website but he is a shareholder in the company.
I would not recommend investing in the project right now and I would wait to see if the project would ever gain traction and materialize.
Below I listed some of the videos related to Medicalchain at different conferences / interviews :
https://www.youtube.com/watch?v=W4Bc4RiugMg
https://www.youtube.com/watch?v=F6WbFMt6Ic4
https://www.youtube.com/watch?v=NT-vRXZ2k-o
https://www.youtube.com/watch?v=devzmfzsh7E
https://www.youtube.com/watch?v=SA91OAaNZUo
https://www.youtube.com/watch?v=h_OdMREOpBI
https://www.youtube.com/watch?v=ebP5ZzQView
If you want me to run any other checks on other upcoming ICO please let me know.
submitted by cryptoflorin to ICOAnalysis [link] [comments]

10-16 02:23 - 'Hurling Rocks at Caimans: A Cowboy's Tale' (self.Bitcoin) by /u/mine_myownbiz13 removed from /r/Bitcoin within 56-66min

'''
In 1991, my mother had the foresight to leave Venezuela for the United States. She sacrificed a medical profession, her family, her friends, and the comforts of her own land and culture. It was before Chavez, before communism, before famine, before societal collapse. She didn’t know it at the time (perhaps she felt it), but she was saving our lives. Recently, I was asked by her brother, my uncle, to give some words of advice to his youngest son, whom he sent to live in upstate New York earlier this year in the hopes that he might find some opportunity there. He’s 17 and fascinated by cryptocurrencies, but knows next to nothing about them. I wrote this letter for him.

Hello Cousin,
I write you in the hopes that you will take away something useful from my own experience.
There’s a saying in English that’s always stayed with me, “There’s no such thing as a free lunch.” In other words, nothing in life is easy, not money, not love, not anything. Nothing worth your time is ever going to be easy. There’s no free lunch!
I first got into trading in 2008. Your dad had heard from a friend that Citigroup stock was going to pop soon and that he should buy it. The US Stock Market can only be traded by U.S. citizens and special types of corporations, so he asked me to act as a proxy for his investment, and I did. I did it because I thought it would be a get-rich quick rich scheme that I could learn to do on my own. At this time I was in graduate school and unsure of what to do with my life. I’ve always been good at school. It’s easy for me. I had professors telling me I’d make a great scholar or a great lawyer, but at the time I was teaching middle-school English in a poor neighborhood of Miami. I had a big decision to make.
Naturally, I decided to get rich quick! I spent 2-3 months reading books on stock trading and executing simulated trades on practice accounts. I learned to work a variety of trading platforms so that I could trade several markets around the world, which I did. I quit my job in the fall of 2008 and took my entire life savings of $20,000 into the market. The broker gave me 3.5 times leverage on my money and I had $70,000 of available trading capital. When your dad made his deposit my account had a trading capacity of over $2,000,000. With that kind of margin, I was able to turn $20,000 into over $160,000 in less than 9 months! I was making over $15,000 a month. As a teacher, at the time, I think I made about $2,700 a month. So, as you can imagine, I thought I was a genius! I was getting rich quick, right?
Wrong. There’s no such thing as a free lunch. When your dad sold his share of stock being held in my account I was also forced to liquidate my own positions. I had bought call options on the future price of Apple stock, and the way that kind of trading works is that your money is locked until the future event you are betting on occurs. If you liquidate before a certain date there may be a penalty to pay. In my case, it was $35,000. After this, I had the good sense to step away for a moment, to cash out my chips and think about what came next. Also, I didn’t have a $2,000,000 trading desk anymore, and without the added margin, there was no way I could continue to trade the way I wanted to. I wanted to make medium to long term trades, because one of the first things I learned along the way is that short term trading (day-trading, scalping) is, for the most part, a scam. There are technical reasons for this, but trust me, short-term trading any market, be it cryptos, stocks, or commodities is a bad idea. You will lose money with an almost 100% guarantee.
I walked away from the stock market in 2009 with $150,000 cash but no market to trade it in. So, I did the next best thing: I bought a nice new car (in cash), took a crazy trip to Europe, and consumed over $25,000 worth of shit I didn’t need, and when it was all said and done, I went back to teaching. I taught at an even poorer neighborhood this time. I had gang members in my class. There were arrests on a monthly basis. Some of the kids had psychological problems, emotional problems, learning disabilities, and many of them were being abused at home in one way or another. This was a middle school. Twelve year-olds. I did that job and others like it because I believe in morality and in helping people. That’s the reason I’m writing you this letter, because I want to help you, and I think it's the moral thing to do. And you’ll see what I mean by that when I tell you about cryptocurrencies and the blockchain later on. Anyway, during that year of teaching I discovered a new market to trade. One that would give me 100 to 1 leverage on my money. One where I could manage a $5,000,000 trading desk with only $50,000! That market is called FOREX, and its the global “fiat” currency market. It’s the opposite of the crypto market, which is the global “digital” currency market. More on what all that means later, but for now just understand that FOREX is the most liquid and highly traded market in the world.
After the school-year ended in May of 2011, I took that summer off to research the FOREX market. I read many new books on trading, which were specific to the currency markets. I watched hundreds of hours of video on technical analysis and even more hours of “financial news,” which is mostly economic propaganda, but I won’t digress here. The point is that by late August of 2011, I was once again ready to dive head-first into trading. This time, I thought, it would be even better, because I’d have even more money to “play” with! This time, I thought, I’m going to get rich!
I’ll stop here and tell you that the journey up until this point had not been the smoothest. While trading stocks there were many days when I lost hundreds, thousands, and even tens of thousands of dollars in hours, sometimes in minutes! You may imagine the added level of stress I had to deal with because I was trading with my entire life’s savings and my wife had just given birth to our son, Sebastian. He was a toddler at the time. I’ll give you a brief example of trading’s unpredictable nature, and the unpredictability of financial markets in general: I had spent several months preparing for my first live trade. I’d read many books and practiced my ass off until I thought I was ready. I had a system, a strategy. I was going to get rich, quick! The first week I traded stocks I lost $10,000 in 3 days. I will never be able to fully articulate what it feels like lose 50% of all the money you’ve ever had in less than 72 hours. All the while knowing that if you fail, it will be your family who suffers the most.
You might be wondering: “Shit, why’d you do it?” or “Why’d you keep doing it?” That’s understandable. After all, my academic background is in history and political science, not finance and economics, not statistics. Well, cousin, I did it because I’m a cowboy. A risk-taker. I’ve always been one. I remember being four or five, at our grandfather’s farm, and lassoing calves in the cattle pen by myself. Men were around, but they let me do it. Although, in retrospect, some of those calves were twice my size and could have easily trampled me, I don’t ever remember feeling scared---I loved that shit! I remember sneaking out and walking down to the pond, then going up to the water’s edge to see if I could spot the caiman that lived there. I would even hurl rocks at it sometimes, just to see it move! Another time, I found myself alone in the dark with a 15-foot anaconda not more than a yard away, and all I could do was stare at it, not out of fear, but wonder. Again, in hindsight, probably not the best of ideas, but I’ve never been scared to follow the path laid out by my own curiosity. I am a natural risk-taker. I tell my city-slicker friends that it's because I come from a land of cowboys, where men are born tough and always ready for a challenge. Cowboys are risk-takers by nature, they have to be, the land demands it of them. There’ll be more on risk-taking and the role it plays a little later, but for now, let’s focus on FOREX and what I learned from it.
After the school-year ended in May of 2011, I took that summer off to research the FOREX market. I read many new books on trading, which were specific to the currency markets. I watched hundreds of hours of video on technical analysis and even more hours of “financial news,” which is mostly economic propaganda, but I won’t digress here. The point is that by late August of 2011, I was once again ready to dive head-first into trading. This time, I thought, it would be even better, because I’d have even more money to “play” with! This time, I thought, I’m going to get rich!
Trading FOREX was not easy. The hardest part was that it had to be done between 3:00 am - 11:00 am, because these are peak trading hours in London and New York, where the majority of the market’s money resides. This means major price moves, the price swings that can be traded, for the most part, happen during this time window. For me, this meant I had to live a type of quasi-vampiric lifestyle, waking up at 8:00 pm and going to sleep at noon, every day. At first, it takes a toll on your social life, and eventually starts to affect you mentally and emotionally. There is a certain degree of isolation that comes with it, too. You are awake when your friends and family are asleep, and asleep when they are awake. It can get lonely. However, my first six months of trading FOREX were OK. I wasn’t making $15,000 a month anymore, but I was making more than I would have been, had I been teaching. However, I had a deep-rooted feeling of uncertainty. Although I’d had some initial success in trading stocks, and now currencies, I’d always felt, at the back of my mind, that I’d just been lucky, and nothing more.
This fear materialized itself in June of 2012 when the strategy I’d been using for some time was no longer profitable. I panicked. I started experimenting with new strategies, which only made matters worse, and lead to even more panic. It is no exaggeration to say that trading is one-third mathematical, and two-thirds psychological. No amount of books, videos, or paid mentorships, which I also consumed, had prepared me for this eventual reality check: I didn’t know what the fuck I was doing. I had no clue.
I left FOREX humbled, with barely enough money to buy a decent car, much less trade any time soon. The next two years, 2013-2015, were some of the hardest of my life. Harder even than 1991-1993, which, up to that point, had been the worst couple years I’d ever experienced. Those were my first years in the United States, and they were full of hardship. A type of hardship I’d never experienced before, and never have since. Remember the school I mentioned? The one with the gangs and the troubled kids and all the poverty? Well, I attended schools just like that as a kid, too, until I turned 15. I had many more encounters with caimans and anacondas there, except now they had first names, and for some reason, were always more prone to strike! Anyway, those were tough times, but not as tough as the post-FOREX experience.
Failure at FOREX took a mental toll on me. After all, I had gambled everything, my entire future on the bet that I could earn a living as a professional trader. I realized I had failed because of my own intellectual laziness. I always knew I had been lucky, and instead of using the wonderful gift of leisure-time the universe had granted me through that initial success to fill the knowledge gaps I knew would keep me from true and long-lasting success, I let my ego convince me otherwise, and talked myself into making decisions I knew to be extremely dangerous and outside my expertise. I wanted to wrestle the caiman! Cowboy shit. Irrational, youthful folly. Needless to say, I lost 80% of my account, which was also my family’s savings, in less than four months.
Now, I had a real problem. How was I going to pay the bills? What was I going to do with my life? I was 30 years old, had a five-year old son, very little real-world work experience and a college degree in history and political science. How was I going to make money? Serious money? Enough money to help my mom retire and give my son all the advantages I never had? Enough to deliver on the promises I had made to my wife during all those years she put up with my crazy hours and wild ideas about getting rich quick? What was I going to do now? I tell you, cousin, these are the kinds of questions you will find yourself asking if you do not heed my advice.
I didn’t want to teach anymore. I didn’t want to do anything anymore. I was depressed. I had what we call here in the United States, “a quarter-life crisis.” I abused alcohol and drugs to cope with the pain of my failure. I was weak. I was unprepared for the realities of life. I did not yet understand, even at 30 years old, that there is no such thing as a free lunch. I won’t dwell on the specifics of the hardships I endured during these two years, except to say that I almost lost it all, including my life, but I’m grateful I didn't.
However, it was also during this period, 2013-2015, that I began to fill gaps in my knowledge about markets, economics, and the nature of money itself. Gaps I knew would need to be filled one way or another, if I was ever going to trade or invest in anything again. Luckily, towards the end of my FOREX days, I had come to realize there was something wrong with all the information I had been given by the mainstream media, specifically on the topics of economics and finance. I noticed that nothing they ever said about the markets turned out to be accurate, that mainstream financial “news” could not be trusted for investment purposes. It took tens of thousands of dollars in losses and several years of headaches before I learned that lesson. I’m glad I finally did.
I decided to use the last bit of money I had left to buy some gold and silver (by this time I had begun to understand the definition of sound money) and to open up a brick and mortar business. I did not want to work for anyone else, only for myself. I wanted to be an entrepreneur. The trouble was that the only business I had enough money for was a mobile car wash. So, a friend and I bought a van, some pressure cleaners, a whole bunch of soap and got to work! We were going to hustle hard, work warehouse and shopping center parking lots, save enough to reinvest into our business and go after the luxury car market. We were going to charge rich people $1000s to detail Ferraris and Lamborghinis, and it was only going to take six months, tops! Great plan, no? Easy money, right? Well, we washed cars for exactly one day before we realized what a terrible mistake we had made. It turns out car-washing is a backbreaking, low-paying, and degrading business. There’s no free lunch, remember that.
My friend and I were lucky. We quickly transitioned our business from a mobile car wash to a painting/pressure cleaning company, and had immediate success. In less than two months we were hired as subcontractors by a much larger company and I was more or less making what I had made teaching, but working for myself. After a couple of months, my partner and I were already envisioning the hiring of our first employees. Cool, right? No. About a year after we started the business, my partner, a high-school friend of mine, a guy I’d known for more than ten years, decided he didn’t want to do it anymore. That he was too tired of the hardships that come with that kind of work. Tired of making the constant sacrifices required to be successful in business. So, he quit. I lost everything I had invested, because without him, I could not operate the business on my own, and our corporate partner dropped us. I begged him not to quit. I told him that business takes time, that there’s no free lunch, and that we would be rewarded at some point for our hustle and hard work; that we would be able to hire laborers to do the work in less than 6 months, and that we would then focus on sales, and start to make some real money. He did not care. He had his own demons, and chose to steal from me and end our friendship instead of facing the hardship head-on. By this time, however, I was already used to failure, and although I was still coping with the mental stress of having failed at something I once had thought would be my profession, it still did not stop me from following my curiosity, as I always have.
It was during these years that I first learned about Bitcoin. About blockchain. About the nature of money, economic history, the effects of monetary policy on financial markets. I’d wake up at 6:00 am every day, paint houses, pressure clean dirty sidewalks and walls, spend over 2 hours commuting back home every night, and then stay up for as long as my body would allow learning about macroeconomics and the history of markets. I researched the nature of debt and gold a medium of exchange. I read about counter and Austrian economics. I became a libertarian, later, an anarchist, and, after almost two years study, I began to discover legitimate sources of financial news and information, intelligent voices that I could trust. I had acquired enough knowledge and experience to discern the truth from the propaganda, and it was during these same years, these terrible times of hardship, that I finally learned a most valuable lesson on money and markets: capital preservation is the key.
Remember, when I said we’d come back to risk-taking? Well, the trick is not to take it, but to manage it. The secret is education, knowledge. Knowledge truly is, power. Traders are only as successful as the depth of their own knowledge, because it's the only way to keep in check that inherent, paralyzing fear which “playing” with money eventually engenders. As a trader, you must have complete confidence in your “playing” abilities, and this is something only achieved through much study and practice. There’s no such thing as a free lunch, ever.
I want you to know that Bitcoin, the blockchain, and cryptocurrencies are NOT get-rich-quick schemes. They are NOT Ponzi schemes either. They are cutting-edge financial technology, and an emerging asset class. The blockchain has been compared to the agricultural revolution of the Neolithic age and the invention of writing by ancient Mesopotamians, in terms of its importance and potential impact on human civilization. It is a technology which will eventually affect and reshape almost every single industry in the global economy. In the next two decades, all types of industries will be impacted and disrupted by this technology--banking, real estate, healthcare, the legal industry, politics, education, venture capital, just to name a few! This technology allows for something called “decentralized store of value.” Basically, it allows for the creation of an alternative financial system, one where power resides in the hands of the people, instead of corrupt governments and corporations, so that currency crises like the one Venezuela has recently experienced, may one day be completely eradicated, like polio, or bubonic plague.
I will tell you that, at 17 years old, you have an amazing opportunity to set yourself up for incredible success in this brand new industry called the blockchain. There are entire professions that will be birthed into existence in the next 5, 10, and 20 years, in the same way the internet made possible millions of people around the world to work from home, wearing their pajamas, doing a million different things--things which were unimaginable to those who knew the world before the advent of the internet. Of course, it will require a great deal of work and effort on your part, but I assure you, it will be totally worth it!
Today, I am 35 years old. I run a successful ghostwriting business that I manage from the comfort of my own home. I invest exclusively in Bitcoin and precious metals, and hope to retire by the time I’m 40. Well, not really retire, but start on a much-anticipated new phase of my life, one in which I don’t have to worry about financial independence anymore.
To that end, cousin, here is my advice:
  1. Forget about getting rich quick. There’s no free lunch!
  2. Learn the English language, it is one of the tools you'll need for success.
  3. Work or go to school. Either way, dedicate yourself to learning about this new technology as much as you can, and begin to save, as much as you can, in Bitcoin.
I reviewed the website you told me about, [[link]3 , and while I respect, and to a certain extent admire what those gentlemen are doing, I can tell you, unequivocally, that taking those courses won’t turn you into a trader. It won’t make you rich quick. Far from it. In fact, there is nothing that these "warriors" will teach you, that you could not teach yourself for free at [[link]4 .
I’ll end it here. Hopefully, you made it to the end and took away a nugget or two. Please feel free to ask me anything you want about any of it, cousin. I’m always here to help.
'''
Hurling Rocks at Caimans: A Cowboy's Tale
Go1dfish undelete link
unreddit undelete link
Author: mine_myownbiz13
1: ww*.cri*toguerre*os*c**/ 2: w*w***bypips.com/ 3: www.criptoguerreros.com]^^1 4: www.babypips.com]^^2
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

MEDICALCHAIN REVIEW

A lot of people are talking about this project and as a potential investor i decided to run some checks on it and see if it's worth. Everyone is pumped about it but after a closer look I'm not sure it's worth its price. Therefore let's have a look at the facts :
Medicalchain.com LTD
The company was incorporated on 28/06/2017 under the name MEDICALCHAIN.IO LTD as a private company limited by ordinary shares.
Three directors are appointed: Mr. Mohammed Tayeb, Mr. Abdullah Dafir Albeyatti and Mr. Bara Mustafa.
The initial shareholdings (total of 999) are split in 3 equal parts:
1/3 (333) owned by Mr. Abdullah Dafir Albeyatti
1/3 (333) owned by Mr. Bara Mustafa
1/3 (333) owned by XL CAPITAL VENTURES LTD (owned by Mohammed Tayeb and Omar Tayeb)
At 24/07/2017 the number of shares is increased to 1332, with XL CAPITAL VENTURES LTD holding 666 ordinary shares.
At 13/08/2017 XL CAPITAL VENTURES LTD cease to be a shareholder, with MR Mohammed Tayeb now holding the 666 shares previously held by XL Capital.
At 14/08/2018 MEDICALCHAIN.IO LTD becomes MEDICALCHAIN.COM LTD
Below you can find a bit about every member of the team starting with the top dogs.
MOHAMMED TAYEB :: Director
MR MOHAMMED TAYEB description taken from medicalchain.com.
Mr. Mohammed Tayeb is a Partner at Hearn Capital Limited. Mr. Tayeb co-founded ReadyCache. In 2010, he headed up the development side of morethan.com. During his time there, Mr. Tayeb architected and developed a system to drive down online fraud, saving its over £40 million. Prior to that, he ran a boutique consultancy business in the field of mobile web and application development. Together with his brother and Co-Founder, they own over eight games and utility applications on the Apple and Google Play apps market, with over 10 million downloads. Mr. Tayeb is an internet entrepreneur, investor, and founder of several technology and e-commerce start-ups. As well being a Partner in Hearn Capital, he is also a Non-Executive Director on the board of Salic. Mr. Tayeb specializes in bringing together technological efficiencies to the business world. He has a degree in e-commerce from Brunel University and an Executive MBA from the University of Oxford.
I’ve done an extensive background check and noticed that Mr Mohammed Tayeb has had his fingers in many pies since 2010 being appointed director in and out of more than 15 companies. I am not sure if I would trust him with my money as it looks like he cant commit to something for a longer period of time.
Below you can find part of his work history:
MONSTER TECHNOLOGIES LTD :: Director since 9 January 2017 :: Active - no information found
HEARN CAPITAL LIMITED :: Director since 21 January 2016 :: Active
The company is owned from background by Influential (Holdings) Limited owning more than 50% of shares with a total equity of £1.7 mil.
Basically Influential Holding has lent Hearn Capital 1.2 million to invest in different companies. To me it looks like Mohammed has no skin in this as Influential Holdings Limited is owned by Mr Andrew Richardson and Mr John Edward Simpson.
GOODSHAW CAPITAL MANAGEMENT LTD :: Director since 6 January 2016 :: Company still active Dormant company aka not carrying any business activity
DYNISTICS LIMITED :: Director since 03/03/2015 :: Company still active
Acquisition of Dynistics https://www.dynistics.com/ :: a software company that Hearncapital bought in 2015 which counts colleges, NHS Foundation Trusts and recruitment agencies as clients.
Link for acquisition:https://www.insidermedia.com/insidemidlands/141513-hearn-capital-buys-solihull-software-company
Dynistics is listed as a “small company” and the directors have elected not to include a copy of the profit and loss account within the financial statements. Total equity registered at the end of 2016 : £16.557
SALIC(UK)Limited :: Director since 22/01/2015 :: Company still active
Saudi Agricultural and Livestock investment company: this company belongs to Ministry Of Finance (Saudi Arabia) and financed with over 300 million pounds in capital and 75% or more ownership.
The Travel booking Company LTD :: Director since 19/11/2014 : Dissolved 29/03/2016
XL Capital Investment LTD :: Director 17/03/2014 :: Dissolved : 04/07/2017 - no other information found
Global Labs Technology Limited :: Director since 10/12/2013 –Dissolved : 18/07/2016 - No record, probably westernlabs.com which has no track record nor an online presence
Ready Cache Technologies LTD :: Director since 01/10/2013 :: Dissolved : 04/07/2017 - ReadyCache is a website that accelerates your online content and delivers the best possible speeds to you.
Pepperstone Limited :: Director 13/02/2017 – 22/06/2017 :: Resigned (former 123FX.COM LTD)
Pepperstone acquired 123FX.COM LTD what is now its UK subsidiary from Mohammed Tayeb, who alongside his broker Omar Tayeb established an FCA regulated shell with plans to launch a retail forex brokerage called 123FX.com. The business was never launched, and instead was sold to Pepperstone in late 2015.
Pepperstone has suspended trading for clients in its UK subsidiary as the company is making some changes to its management structure and processes, and bringing on some additional resources in its UK office. To comply with its FCA obligations Pepperstone has had to temporarily suspend trading in the UK until all of the changes are complete and the additional resources are in place.
http://www.checkdirector.co.uk/directomohammed-tayeb/ https://www.leaprate.com/forex/brokers/pepperstone-swaps-phil-horner-mohammed-tayeb-board-uk-fx-relaunch/
Some other companies he had been involved with:
• Director House of Choice Stores LTD :: 2013 – 2016 Disolved
• Director XI Capital Ventures LTD :: 2014-2017 Disolved
• Director UR Trading :: 2002 – 2010 Disolved
• Director LOVEFRAGRANCE INTERNATIONAL LTD :: 2012 – Dissolved 2013
• Director DAR FIRST LIMITED :: 2007 – Dissolved 2011
• Director BLACKSTONE E-COMMERCE LIMITED :: 2011 – Dissolved 2013
All this information can be found at https://beta.companieshouse.gov.uk/ . You just lookup his name or company names and access the records.
** Mr. Abdullah Dafir Albeyatti :: Director**
Enthusiastic doctor with a wide range of skills and interests. Currently completing my general practice training in Leeds. Previous surgical trainee in the London Deanery. My ambition is to continue improving as a doctor and to develop myself in other fields of medicine and aesthetic training.
He is also the founder of dischargesummary.co.uk. The website is described as a website designed to streamline and lessen the work load placed on junior doctors by standardising the content of discharge summaries produced when a patient is discharged from hospital. This platform has allowed hospital departments to establish quality assurance and accurately produce reliable discharge summaries to effectively commute between hospital and community medicine.
I checked the website and 3 out of 6 features are under development. The site is now redirected to https://ds.medicalchain.com/
Mr. Bara Mustafa :: DirectoCTO
There is no mention of Mr Bara Mustafa on the mediclchain.com which is weird as he is one of the directors and shareholder. It looks like Mr Bara occupation is CTO, which surely would be of interested to the public. Mr Bara is also a OwneDirector of ENETIDEAS LTD since 2010 rendering services as IT Consultant.
https://www.enetideas.com :: the website is not functional, none of the products links are working.
Jay Povey :: Blockchain developer at medicalchain
His introductory linkedin line :
Self taught programmer, programming for 7+ years. BA(Hons) from Buckinghamshire New University. Since January I joined Medicalchain to help create a world class blockchain platform for electronic health records. Previously worked on forex trading algorithm using deep learning / pattern recognition techniques. I have had a keen interest in blockchain technology over the past 2 years. I have been learning the ins and outs of the technology and Im very excited about the future of blockchain. I see great potential for revolutionizing the way businesses are run.
He started coding for Medicalchain in 2017 previously working for 2 years for one of Mohammed companies ReadyCache which was dissolved.
I’m not sure about his experience developing “on forex trading algorithm” as at the previous company ReadyCache they were “building software that is making a difference to webmasters and large companies. We accelerate our customers’ websites, save our customers money and enhance user experience”
Before ReadyCache he worked for a college as an IT technicial and e-learning advisor.
Also I’m not sure what to make out of his facebook profile, he comes across a bit weird. Also on one of his facebook posts he was asking where you can buy bitcoin in may 2017 but on his summary : “I have had a keen interest in blockchain technology over the past 2 years. I have been learning the ins and outs of the technology and Im very excited about the future of blockchain”
https://www.facebook.com/jaypov
Robert Miller :: Director Of Business Development
Looks like his CV is somehow better than the rest, again worked alongside Mohammed at Goodshaw Capital for 1 year. Freelanced a few blockchain projects so I would say he is the one who will drive the project as longs as the money are coming in.
Linkedin https://www.linkedin.com/in/bertcmiller
Natalie Furness :: Communication Director
She has a background in healthcare industry, namely working as a physiotherapist since 2010. She also lectured for Physiotherapy and Sports Exercise Scientist students at Birmingham University and currently working as a project manager for a company offering solutions to the occupational health sector.
The rest of the team occupies either associates or consultants positions for a short period of time 2-3 months.
To sum it up : the initial £5000 pre-ICO investment is way way exaggerated based on the fact that there is nothing to show for at the present moment, just ideas. Mr Mohammed has started 15+ companies and most of them are dissolved which doesn't sound very promising. On top of that he now owns half the company whereas initially the company was split in thirds. Their CTO is not mentioned anywhere on the website but he is a shareholder in the company.
I would not recommend investing in the project right now and I would wait to see if the project would ever gain traction and materialize.
Below I listed some of the videos related to Medicalchain at different conferences / interviews :
https://www.youtube.com/watch?v=W4Bc4RiugMg
https://www.youtube.com/watch?v=F6WbFMt6Ic4
https://www.youtube.com/watch?v=NT-vRXZ2k-o
https://www.youtube.com/watch?v=devzmfzsh7E
https://www.youtube.com/watch?v=SA91OAaNZUo
https://www.youtube.com/watch?v=h_OdMREOpBI
https://www.youtube.com/watch?v=ebP5ZzQView
If you want me to run any other checks on other upcoming ICO please let me know.
submitted by cryptoflorin to Crypto_ICO_Investing [link] [comments]

So I recently learned about Dodd-Frank.

Alright so I was over at politics and some politician wanted to reverse net neutrality, the administration’s carbon and coal ash rules, and the Dodd-Frank financial regulations.
Well net neutrality is pretty damned important to me, regulating carbon and coal ash sounds pretty important as well. Then there is Dodd frank. On paper everything sounded great
an Act to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end "too big to fail", to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes.
If we can regulate those too big to fail so they don't fail again so we have to bail them out again I'm all for it.
Well turns out the Dodd-Frank financial regulations forced CFTCs hands according to the article also linked later
Alright so I'm starting to get interested in the Forex market. Turns out the CFTC has recently made it illegal to trade with Forex brokers outside of the US, and all brokers within the US have to be regulated by the CFTC. Now what comes with that? Well 50:1 leverage which is to small. This article written at the time played right into the CFTCs hands praising them for choosing 50:1 over 10:1 when we all know that damned classic tactic of baiting to get what you want. If both options are shit you seem like a good person for choosing the non liquid shit. On top of that there is no hedging which as it turns out causes a major issue for me. Ctrader allows for hedging built in which means you can't use it within the US market since CFTC regulates all the brokers in the US that US citizens are required to use. Ctrader is just so much easier to use than the clunky 10 year old metatrader
TL;DR Dodd frank regulations forced the CFTC. That caused the CFTC to create shitty leverage force you into shitty programs with shitty or $10,000 entry US brokers that fuck over smaller Forex traders in the US. Which simultaneously locks you into shitty outdated programs for trading.
Go figure they hide something to fuck over the little guy in a legislation made to prevent the largest banks in the US from fucking up again.
submitted by MINIMAN10000 to rant [link] [comments]

[Just Launched] Options Domination Binary Trading - [Amazing System] - True Risk Free Trades! [New for 2015]

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In our case study of the system we won 5 out of 7 of the trades and pocketed $250 in profit which is a 25% return on a small investment. We were very impressed with these results. At that time we could have elected to withdraw our original $1,000 and essentially be playing with the $250 “on the house”. CLICK HERE TO GET YOUR RISK FREE TRADES NOW!
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Using their basic system of signals we were able to accumulate over $10,000 in our account in just 30 days! These are better results then we have gotten with other binary signals costing 10 times the amount of what options domination is charging. For a simple $50 a month you get multiple daily signals, keep in mind they don’t send you 1,000’s of signals a day like most services as they are focusing on the quality of the signal and not just sending you a bunch of garbage signals like many of the other companies do.
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