Category Archives: Financial Industry

Equities First Holdings news- Best loan packages

Equities First Holdings is a shareholding financial institution that is working closely with various business organizations to meet the needs of the business environment. One of the challenges that face people in business is lack of financial partners who are for the interests of the business. Equities First Holding is standing with business people helping them overcome the challenges that come with lack of proper financing. The financing options that are available with this firm are the best. One does not have to struggle with the challenges that face business environments when there is a firm willing to work closely with businesses to assist them to find affordable means of financing. Equities First Holdings is able to meet the needs of the people through loans packages that are effective and ones that will serve the needs of the best in a much effective way. Equities First holdings promise every individual or business organization the best service delivery.

Prescient financial whiz Paul Mampilly Predicts the Bitcoin Bubble

Paul Mampilly has seen bubbles come and go. With over 25 years of investing experience, he knows what to look for in the case of an imminent asset bubble. Paul had warned friends of his about the imminent fall of the dot com bubble correctly. However, his friends were too caught up in the rapidly increasing profits of the moment and didn’t heed his advice. Many of those friends lost almost everything.

Paul Mampilly believes the same thing that occurred with the dot com bubble in the late 90s is now on its way to cryptocurrency. Mr. Mampilly sees the same causes of the dot com bubble emerging with currencies like Bitcoin, Ethereum, Ripple and others. He sees that this is something that is the newest fad of the moment. A lot of people want to get in because they hear the stories of their friends getting in, or of people on the news getting in and making millions of dollars. This is what is driving up the prices of Bitcoin and other cryptocurrencies. This kind of activity leaves the currency vulnerable to large fluctuations and manipulations of its value. In the beginning of 2018, 1 Bitcoin was worth $20,000, however now it has leveled after a drop to a little over $8,500. Paul Mampilly believes the presence of such large volatility in currency is a sign that if people stop seeing the value in the coin, it could then drop to nothing, similar to many stocks in the dot com bubble age. Learn more about Paul Mampilly at Crunbchbase.

According to Paul Mampilly, the growth of Bitcoin is ultimately unsustainable, its gains unrealistic and untenable, and he foresees a hard crash. That being said, he does see opportunities available not only after any potential crash, but also within the underlying technology itself. Cryptocurrencies run on a blockchain, which is a ledger which uses the solving of problems to confirm the transactions. Currently, it mostly resides in cryptocurrency, but has many applications in the medical, industrial, and real estate fields, just to name a few. This aspect, Paul Mampilly believes to be very promising.

Initial coin offerings, or ICOs, are quickly becoming the new way for companies to raise funds. Eventually, many cryptocurrencies could be traded next to stocks if not the subject of entirely new exchanges. In this is what Paul Mampilly sees the true value of the blockchain. Watch videos on Paul’s Youtube channel.