Shervin Pishevar: The World Needs Bitcoin

Shervin Pishevar discussed the devaluation of government bonds. While most of his attention is on the U.S., it is hard to dismiss how low consumer confidence in bonds is growing across the globe. Can Bitcoin pick up the slack? Maybe a year ago financial experts would have scoffed at the idea, but the situation is changing.

One of the most notable factors that fuel a growing consumer confidence in Bitcoin is the entrance of new projects. In the cryptocurrency market, they are called Initial Coin Offerings (ICO). At the end of 2017, the price of Bitcoin skyrocketed. Many scams entered the market on the coattails of Bitcoin’s success.

As one might expect, the price of Bitcoin plunged. What is surprising is that this did not slow the growth of the cryptocurrency market. Yes, the attention of regulators has made entrance into the market more difficult. But, it seems to have only served to increase the quality of new projects entering the crypto space.

Shervin Pishevar predicted a second decline in the price of Bitcoin. However, he expected this to be temporary. Shervin Pishevar sees real value in Bitcoin. The world needs a fundamentally secure way to trade digital assets. Bitcoin provides the cryptographic legwork for establishing a global network of secure transactions. It decentralized power so as to allow the small entrepreneur to become more significant.

Innovation and entrepreneurs often go hand in hand. Shervin Pishevar called attention to large U.S. corporations who stifle innovation by detrimentally overshadowing small business. Shervin Pishevar even went on to say that some of these large U.S. corporations should be considered monopolies.

It is hard to argue against Shervin Pishevar when one looks at the market share of some of these enormous tech companies. Just consider the impact of the once desolate Silicon Valley.

It is true that Bitcoin maintains a dominating share of the overall cryptocurrency market cap. Along with a few other coins, they own the majority of investments in cryptos. But, this is changing. The increasing rate of small ICO investments illustrates the growing opportunities within the crypto space.

https://aircargoworld.com/allposts/tag/shervin-pishevar/

Sahm Adrangi Shorts an Online Marketing Company

Sahm Adrangi has an eye for finding companies that aren’t being upfront about their practices. He also has a talent for making a profit when they fail through short-selling shares of the company. While most people see a shady business and just make comments on social media and boycott buying their products, Sahm Adrangi takes a bit further by actively taking a stand against these companies and publishing funded research to support their claims. He does this work through the private investment company that he founded in 2009, Kerrisdale Capital. The company that started with just a million in capital now handles $100’s of millions at times. Before starting Kerrisdale, Sahm Adrangi had several years of experience in the financial industry that helped him gain the knowledge and experience he uses at Kerrisdale Capital.

Sahm Adrangi’s latest short sale target is QuinStreet. The online marketing company has been facing financial problems for years and many suspected that they were eventually headed for bankruptcy. Recently, their stock prices rose considerably after a considerable increase in revenue and gained the attention of Sahm Adrangi. It turns out, according to the research published by Kerrisdale Capital, the revenue increase may not be what it appears to be. While the company has experienced a considerably higher amount of traffic to their affiliates, it’s really only an increase to one of their clients.

There are many reasons to suspect that the vast majority of the traffic is being generated by a computer program that is designed to create fake clicks on links and form submissions. This means that QuinStreet’s clients are possibly paying the company for views that had no chance of producing business for them and were never actually from a human user. If Sahm Adrangi’s suspicions are indeed correct as they have been in the past, there is an exceptionally good chance that the stock price will fall to nearly nothing almost immediately due to clients no longer wanting to be in business with QuinStreet out of fear they are paying for services they are not actually receiving.

http://www.zerohedge.com/news/2016-04-21/notorious-short-seller-raises-100-million-take-down-unknown-company