Because its price increases, both its «miners,» whose computers do complex calculations to earn the currency, and those who buy bitcoins from others feel reluctant to use
them as currency by spending them.
Bitcoin as technology overwhelms the reservations about bitcoin
as currency by creating new offerings and markets
Their feathers were used
as currency by the pre-Hispanic Mayans.
Not exact matches
Unregulated digital entities, created
by just about anyone out of nothing, that assume some value denominated in fiat
currency simple because they're being traded between anonymous people or bots whose only desire is to make prices go up, on unregulated opaque exchanges where everyone thinks price manipulation is good
as long
as it pushes up the price....
To resolve that issue, the court had to determine whether (1) virtual
currency may be regulated
by the CFTC
as a commodity and (2) the CEA permits the CFTC to exercise jurisdiction over fraud in connection with commodities that do not directly involve futures or derivative contracts.
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals
as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign
currency exchange rates; 9) the success and timely execution of key milestones such
as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment
by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders
by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such
as U.S. export control laws and U.S. and foreign anti-bribery laws such
as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such
as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers,
as well
as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending
by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco
as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Bitcoin began
as a decentralized, unregulated
currency created
by and traded between anonymous individuals, one that supposedly couldn't be tracked
by government authorities.
Back in 2014, he wrote a Financial Times op - ed in which he criticized the virtual
currency for being «unsuitable
as a means of exchange» and said it was only attractive for two reasons: anonymity —
as desired
by money launderers and tax evaders — and speculation.
The market for Ether cratered on news of the theft, with the price of the digital
currency dropping from a peak of over $ 21 yesterday to around $ 12.93
as of this writing,
as tracked
by CryptoCompare, on surging volume.
The International Monetary Fund said this week that the American
currency could be overvalued
by as much
as 20 %.
The adoption
by banks of XRP is critical to the growth of Ripple — which has described it
as a «strategic weapon «-- and to the value of the
currency, which currently has a market cap of about $ 42 billion, and has swung wildly since it shot up to nearly $ 4 in early January (it is now worth around $ 1.07).
Some investors, such
as Murray Stahl of Horizon Kinetics, hypothesize that Bitcoin is worth the value of all the
currency in the world — about $ 361,000 per Bitcoin,
by Barron's estimates.
But,
as well
as Spain, the euro - dollar
currency cross was also impacted
by rumours of a potential hawkish name
as next chairman of the U.S. Federal Reserve.
The euro - dollar
currency cross was also impacted
by rumours of a potential hawkish name
as next chairman of the U.S. Federal Reserve
Derivatives trading is the culmination of a wild year for bitcoin, which captured imaginations and investment around the world, propelled
by its stratospheric gains, and its anti-establishment mission
as a
currency without the backing of a government or a central bank, and a payment system without a reliance on banks.
As a result, the value of the Russian
currency, the ruble, has deteriorated
by 30 % against the dollar so far this year, routinely hitting new record lows along the way.
Thus the cost of the Empire is largely borne
by other nations
as the U.S. exports inflation and its
currency in exchange for cheap goods and resources.
Developed
by the mint in 2012, Mint Chip is about
as different philosophically from Bitcoin and other digital
currencies as you can get.
In a leaked white paper, Telegram described plans to raise a large amount of money
by selling a
currency called «Gram,» which would serve
as a payment companion to its messaging service.
For starters, here's an overly simplified explanation of Bitcoin: It's a digital
currency (there are more than 800 now) that isn't controlled
by a central authority such
as a government or bank.
Now, years later, I'm eating my words
as digital
currencies continue to be adopted
by major brands and platforms online.
Indeed he is,
as Flutterwave promises to change the way financial transactions take place in Africa,
by offering easy exchange of digital
currency, that opens Africa up to the world.
Friedman notes that leading investors such
as Ray Dalio, founder of investment firm Bridgewater, called Bitcoin a «bubble,» while Jamie Dimon, CEO of JPMorgan, has criticized non-flat cryptocurrency, which is
currency not backed
by a government.
But in an interesting twist, a developer who was hired
by Reddit to work on the idea of a «crypto -
currency» — a form of Bitcoin that users could receive in exchange for contributing content, or
as a way of distributing some of the shares that were issued in the site's fundraising round — said in a post on Medium that he was working on a plan to de-centralize Reddit in just this way before he was let go.
And while the industry is seeing some dividend increases, cash is increasingly the
currency of choice for acquisitions,
as equity multiples have been crushed
by global macroeconomic trends.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign
currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred
by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and
currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to
as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered
by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
As is the case with most wars, there's never agreement on who fired the first shot; not that it really matters in a hot war or the
currency front, which is rapidly engulfing the world and should soon involve action
by Australia.
Known online
as «pirateat40,» Shavers allegedly gained control of
as much
as 7 percent of the bitcoin market
by promising investors up to 7 percent weekly interest, or 3,641 percent annualized, based on his ability to trade the
currency.
As alarm grows that the digital
currency is being used
by money - launderers, drug traffickers and terrorists.
AMRO was initially established
as a company limited
by guarantee in Singapore in 2011, and was transformed into an international organisation in 2016 to conduct macroeconomic surveillance and support the implementation of the Chiang Mai Initiative, a multi-lateral
currency swap agreement.
«In uses that involve a financial transaction, it makes sense to use bitcoin or some other digital
currency for the same reason —
by doing so, transactions can be automated and guaranteed without recourse to third parties, such
as a bank.»
Street estimates finally look safe while Y / Y compares on iPhone units and overall AAPL revenue are bottoming in [calendar] Q1 and should turn flat to up
as soon
as [calendar] Q4 additionally fueled
by less severe [
currency exchange] headwinds... iPhone 7 will benefit if nothing else from the 6/6 + «echo» effect
as these units enter the upgrade base, OLED in ’17 solves growth concerns and builds a bridge to new «dreamy» form factors.
The admission may provide further ammunition for a recent Malaysian government crackdown on foreign banks trading in the ringgit in offshore market, seen
by bankers
as an attempt to curb a devaluation of the
currency.
The dollar has also made fresh advances against the offshore Chinese yuan (the rate that isn't
as tightly controlled
by the People's Bank of China), indicating a fresh wave of speculation against the Chinese
currency.
«In this case, demand is in response to things like
currency fluctuations and perception of which destinations are «hot,» while supply is determined
by factors such
as airlines launching new routes or changing what size planes they're using,» he said.
Cryptocurrency ripple is leading the top digital
currencies by market cap
as the worst performer
as the first quarter comes to a close.
Investors exchange digital
currency, such
as bitcoin, for a token issued
by the firm.
LONDON, Oct 31 - The euro rose on Wednesday, lifted
as equity market gains helped perceived riskier
currencies, and with direction likely to be determined
by how Wall Street reopens after storm disruption.
Even if cross-border transactions are presented in the customer's
currency, they may still be charged a foreign exchange fee
by their issuer, which appears
as a separate line item on their credit card statement.
As Deutsche Bank strategist George Saravelos notes, the only countries in the Western world with higher rates are Australia and New Zealand, neither of whose
currencies are needed on a day - to - day basis
by anyone else.
Additionally, any imposition of trade barriers or labeling China a
currency manipulator may lead to a trade war or, at the least, be a drag on economic growth,
as noted
by Jan Hatzius, chief economist at Goldman Sachs.
«The Japan virtual
currency act has likely had a major impact,
as there has been a lot of buzz in Japanese media over the ruling over the last few months,» Aurélien Menant, founder and CEO of Gatecoin, told CNBC
by email.
A reserve
currency is a foreign
currency held
by central banks and other major financial institutions
as a means to pay off international debt obligations.
The following first quarter sales table provides results
by geography and product category,
as well
as the percentage change compared to the prior year quarter on a reported basis and a constant
currency basis.
But whether Bitcoin can actually replace gold (let alone traditional government - backed
currency) has been a matter of fervent debate — quite literally,
as evidenced
by an event last week entitled «Gold Versus Bitcoin,» held at a New York comedy club, in which well - known gold proponent (Jim Rickards debated James Altucher, a self - help author now peddling Bitcoin investment advice under the moniker «crypto - genius.»
As a prolific exporter of pricey products such as watches and pharmaceuticals, Swiss companies were being harmed by their strong currency (Canadian manufacturers have the same complaint whenever the Canadian dollar rises against the U.S. dollar
As a prolific exporter of pricey products such
as watches and pharmaceuticals, Swiss companies were being harmed by their strong currency (Canadian manufacturers have the same complaint whenever the Canadian dollar rises against the U.S. dollar
as watches and pharmaceuticals, Swiss companies were being harmed
by their strong
currency (Canadian manufacturers have the same complaint whenever the Canadian dollar rises against the U.S. dollar).
«Cryptocurrency doesn't pass the basic test of what a
currency should be,» he said,
as reported
by CNBC.
«It means all the hype caused
by speculation is boosting a really interesting virtual
currency economy, and the world is starting to treat it like other
currencies,
as value, which is regulated.»
The common
currency fell
as low
as $ 1.1098 in early Asian trade — its lowest level in 11 years — but rebounded to $ 1.1184
by 1345 SIN / HK.
Bitcoins aren't yet formally recognized
by governments
as a
currency but with some regulation I hope that it will become more widely accepted.