Author Archives: Schmitt Trading Ltd

Elon Musk is currently the world’s richest person. AP Photo/Matt Rourke Beverly Moran, Vanderbilt University The speed with which a tax on billionaires came and went as a means to pay for President Joe Biden’s economic agenda shows why it’s so hard to tax wealth in the U.S. Democrats unveiled their proposal on Oct. 27,Continue reading “Why taxing US billionaires’ wealth – as Biden tried to do – will never work”

Updated the Robots website: https://schmitt-trading.com/robotsPlease read about the robots we invented: The GBPUSDCCH1 robot trades in the H1 chart of the GBPUSD chart. Expert advisor: GBPUSDCCH1_EA Symbol: GBPUSD Period: H1 Testing period: 01.01.2020 – 31.10.2021 Initial deposit: 2000.00 Total Net Profit: 1322.50 Balance drawdown maximal: 474.10 (23.71 %) Estimated yearly return GBPUSDCCH1: Initial deposit: 2000Continue reading “Introduction of GBPUSDCCH1”

Bitcoin miners will not get less for their efforts. Shutterstock Andrew Urquhart, University of Reading Bitcoin, the first and leading cryptocurrency in terms of trading volume and market capitalisation, went through its third “halving” on May 11 2020. This major adjustment to how the cryptocurrency operates has only happened twice before and happens every fourContinue reading “Bitcoin halving Q&A: what it’s all about and what it means for the cryptocurrency”

Are these people interacting in some virtual world? Lucrezia Carnelos/Unsplash Rabindra Ratan, Michigan State University and Yiming Lei, Michigan State University The metaverse is a network of always-on virtual environments in which many people can interact with one another and digital objects while operating virtual representations – or avatars – of themselves. Think of aContinue reading “What is the metaverse? 2 media and information experts explain”

Updated the Robots website: https://schmitt-trading.com/robotsPlease read about the robots we invented: The EURUSDCCH4 robot trades in the H1 chart of the EURUSD chart. This is why this robot can make up to five losses per day. This meant 130 points lost on 08.06.2020. Expert advisor: EURUSDCCH1_EA Symbol: EURUSD Period: H1 Testing period: 01.01.2020 – 31.10.2021Continue reading “Introduction of EURUSDCCH1”

Anucha Cheechang/Shutterstock Peter Howson, Northumbria University, Newcastle Huge concrete data centres, permanently plugged into power plants and telephone exchanges, maintain much of online life. But the infrastructure behind internet-based cryptocurrencies such as bitcoin, dogecoin and ethereum is more like a rusty travelling circus. And right now, that circus is on the road. Bitcoin relies onContinue reading “Bitcoin: China’s crackdown isn’t enough – only a global effort can stop crypto’s monstrous energy demand”

Updated the Robots website: https://schmitt-trading.com/robotsPlease read about the robots we invented: The EURUSDCCH4 robot trades in the H4 chart of the EURUSD chart. Expert advisor: EURUSDCCH4_EA Symbol: EURUSD Period: H4 Testing period: 01.01.2019 – 31.10.2021

Updated the Robots website: https://schmitt-trading.com/robotsPlease read about the robots we invented:Schmitti4 is the most dreamy of our robot family. He is slightly apathetic and can’t be disturbed by anything. Schmitti4 is active on the currency market and buys and sells the currency pair Euro/US Dollar. The Schmitti4 robot is a medium-term trading robot that buysContinue reading “Introduction of Schmitti4”

Sashkin / Shutterstock Jack Rogers, University of Exeter A mysterious, anonymous entity known as “Satoshi Nakamoto” posted a white paper on October 31 2008 entitled “Bitcoin: A Peer-to-Peer Electronic Cash System”. It was the first time that the concept of Bitcoin entered the world. But outside of the cypherpunk mailing lists – those promoting theContinue reading “Bitcoin turns ten – here’s how it all started and what the future might hold”