Earl Thomas Has Doomed Ravens With Super Bowl Promise

  • Ravens safety Earl Thomas has predicted that Baltimore is going to be in the Super Bowl this year.
  • With a 9-2 record and a win over the Patriots, it looks like the Ravens may be the team to beat—at least in the AFC.
  • But bragging about making it to the Super Bowl or predicting a win is almost always a bad idea.

Right now, it is hard to say who even has a shot at beating the Baltimore Ravens in the Super Bowl or who could stop them from getting there. Lamar Jackson is playing well, and the defense is certainly getting the job done. The Ravens do look like the team to beat.

So, it is not hard to understand why Ravens safety Earl Thomas is feeling a little confident about his team. The Ravens do appear to be the team to beat this year. But acting like it is a foregone conclusion that they are going to be in the Super Bowl is a mistake.

Earl Thomas Predicts Super Bowl for Ravens

Thomas made his comment when asked if Sunday’s game against the 49ers could be a Super Bowl preview:

Anytime someone makes a Super Bowl prediction, the media likes to get as much mileage out of the statement as it can. As could be expected, one of the first people asked about it on the 49ers was a former teammate of Thomas, Richard Sherman:

Sherman’s response is about what you would expect it to be—measured, thought out, and logical. Anything could happen from Sunday until it is time to play the Super Bowl. But predicting your team is going to get there is definitely a bad idea.

Why?

Karma

Joe Namath may be the only guy ever to predict his team was going to win the Super Bowl and actually win it. But he didn’t make the claim until his team was definitely in the game.

It just doesn’t happen. Whenever guys tend to make those kinds of predictions, they almost always end up being wrong.

Chicago Bears safety Eddie Jackson predicted a Super Bowl appearance for the Bears this season after the team went 12-4 last season and won the division. Lamarr Houston agreed with him. While they are still in the hunt at 6-6, it is safe to say that the Bears will not be in the Super Bowl this year.

He wasn’t alone, though. Trey Burton made a similar claim.

Former Bears wide receiver Alshon Jeffery promised a Super Bowl victory following the 2016 season—which obviously didn’t pan out. But it wasn’t like anyone took him seriously with the Bears coming off a 3-13 season.

Ryan Kalil promised Carolina Panthers fans a Super Bowl win back in 2012 and even took out a full-page ad in the paper but failed to follow through on that one. Another Panthers player, Mario Anderson, predicted a Super Bowl win a few years later. But he too was wrong.

Dak Prescott told a couple of kids he’d be in the Super Bowl last year and sent them there with tickets. As it turned out, he could have used a ticket himself.

Whether it is a humblebrag or a not so humble brag, predicting a Super Bowl win is never a good idea. Such comments are always going to put a spotlight on a team. When the spotlight hits, guys start thinking they have to be perfect. Rather than just play the game, they start to over-analyze and second guess their instincts.

In short—they make mistakes.

Mistakes lead to losses. Should one come during the postseason, that means the promise will go unfulfilled.

There is no sense in making the game any harder than it needs to be. It is okay to feel confident your team will make the Super Bowl, just don’t tell the media.

This article was edited by Gerelyn Terzo.

Major Twitch Star Reveals Tempting $1.2 Million Offer to Change Sites

  • Twitch star Trainwreckstv reveals he was offered $1.2 million to leave the site.
  • He was forced to turn the deal down because of his Twitch exclusivity deal.
  • If he had moved, Trainwreckstv would be one of several other popular Twitch streamers to leave.

In an episode of his Scuffed podcast, Twitch streamer Trainwreckstv revealed that he had been offered $1.2 million to leave the site. Trainwreckstv, who has 411,514 followers on Twitch, didn’t name the site but did confirm that it was a Chinese streaming company.

That is a huge amount of money, but Trainwreckstv said that he was forced to turn the deal down. The Chinese company said that he could stream twice a week with them for a year and keep streaming on Twitch. The streamer said:

I was thinking of doing no camera streams and not telling Twitch, but I can’t because they want to keep me exclusive.

Source: TwitchMetrics.net 

Trainwreckstv also criticized Twitch for his deal, saying:

At the same time, they don’t want to back me, give me any deals. If they don’t want to back me, and think I’m too toxic or not brand-friendly, then take my exclusivity out.

Twitch may be glad that Trainwreckstv didn’t find a way out of his deal. The site has lost several of its most popular streamers. Destiny streamer Gothalion left for Mixer, and FaZe Ewok is also a Mixer streamer now. Some other Twitch streamers have left the site for YouTube and Facebook.

However, the site may need to make some changes to keep its most popular streamers on the site. After Ninja moved to Mixer, the streamer said that his exclusivity deal, which prevented him from being able to take brand deals, was a reason why.

This article was edited by Gerelyn Terzo.

Democratic 2020 Hopefuls Won’t Beat Donald Trump if They Can’t Beat Baby Yoda

  • Baby Yoda, the fictional character from “The Mandalorian,” is taking over social media feeds.
  • Even with the entry of billionaire Michael Bloomberg, the Democratic aspirants trail the adorable alien in terms of social media interactions.
  • Baby Yoda’s dominance may be a sign that Democratic candidates are no match against Donald Trump.

Baby Yoda is taking social media by storm. The uber cute character from Disney+’s hit series “The Mandalorian” is capturing the imagination of millions of Star Wars fans. The breakout star is out-trending all Democratic 2020 candidates on Facebook and Twitter. If they can’t beat Baby Yoda, it may be hard beating Donald Trump.

The doe-eyed green creature that maybe the clone or the offspring of Yoda made its debut on Nov. 12. The character’s appearance coincided with the entry of two new Democratic candidates: Michael Bloomberg and Deval Patrick. The candidates were the beneficiaries of thousands of articles since their arrival at the Democratic stage. Yet, both are trailing against the Jedi Master look-alike in terms of social media interactions.

On top of that, Baby Yoda is driving nearly twice the number of social interactions per story than any Democratic 2020 aspirant. This is bad news for the possible contender who wishes to dethrone Donald Trump. The POTUS is a social media savant.

Tale of the Tape: Baby Yoda Is a Social Media Heavyweight

The diminutive character from the Star Wars spin-off is taking over Facebook and Twitter. According to NewsWhip data exclusively provided to Axios, Baby Yoda leads all Democratic candidates on average social interactions per story. On average, the adorable alien drives 1,671 social interactions per story, which is almost double the number of Bernie Sanders (850).

Other candidates fare much worse. Joe Biden’s interactions per story stand at 839 while Pete Buttgieg ranks fourth at 600.

The force is strong in Baby Yoda
The force is strong in Baby Yoda. | Source: Axiom

Baby Yoda may be behind in terms of media saturation but the delightful star has managed to spark reader interest. Axiom reported that Bloomberg was the subject of 7,650 articles since Nov. 12 to rank second among Democratic hopefuls. Patrick comes in at number four with 4,044 articles. Meanwhile, Baby Yoda takes the tenth spot with 1,368 articles. Nevertheless, the character has bagged ten times more social interactions than both late entrants.

Donald Trump Has Twitter Eating at the Palm of His Hands

Democratic candidates are in big trouble if they can’t even compete against a fictional character. Keep in mind, Baby Yoda isn’t tweeting or actively doing something to inspire social media traffic. It’s difficult to imagine how they can stack up against a marketing genius, Donald Trump.

The POTUS is masterfully using Twitter to boost his presidency. One tweet from Trump can send the stock market soaring. A few targeted tweets is enough to influence the Federal Reserve to cut interest rates. Trump is so effective in delivering a message on Twitter that each tweet has a market value of $82,140.74 and an engagement value of $935,189.67.

The monetary values of a Donald Trump tweet
The monetary values of a Donald Trump tweet. | Source: Twitter

In addition, the president is a tweet machine. In September alone, Trump tweeted 797 times. By actively voicing out his thoughts on the microblogging site, the president is making a strong effort to stay relevant.

Democratic seekers are up against a social media behemoth in Donald Trump. The fact that they’re getting overshadowed by a 50-year-old alien that looks like a baby doesn’t bode well for their presidential prospects. They would be outgunned, outplayed and outclassed by a billionaire entrepreneur who stole the presidency from Hillary Clinton by leveraging social media. Brad Pascale, Trump’s digital director said,

Facebook and Twitter were the reason we won this thing.

This article was edited by Sam Bourgi.

This GTA V ‘Pleasure Bot’ Is the Best Thing on Twitch Right Now

  • The Grand Theft Auto role-playing scene is a rich world of colorful characters.
  • MiltonTPike1 is among the most recognizable faces in the GTA V RP community.
  • His latest character is unexpectedly wholesome.

You may have stumbled across the entertaining Grand Theft Auto V (GTA V) role-playing scene on Twitch.

An elderly Englishman heading a gang of geriatrics known as the Prune Gang? A wedding ceremony involving a tractor? Courthouse scenes descending into a flavor of madness US court TV shows can only aspire to?

It’s a strange and alluring world of petty crimes and interweaving narrative arcs that can last for weeks on end.

GTA V Roleplayer MiltonTPike1 Is a Genius

Among the scene’s cast of colorful characters is the ever-affable streamer MiltonTPike1. He’s among the most prolific and creative RPers out there, best known for impersonating Kiki Chanel.

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It’s hard to describe Kiki without witnessing her antics first hand. She’s got more sass than a Hollywood starlet, a penchant for creative criminality, and the uncanny ability to get herself out of the stickiest of situations, yet hides a softer side.

There’s a multi-faceted depth to the character, which is a testament to Milton’s craft and the broader RP community.

This Pleasure Bot Is Unexpectedly Wholesome

In recent days, MiltonTPike1 has been test-driving a new character – Pleasure Bot Br3nd4.

MiltonTPike1's GTA RP Is The Best Thing On Twitch Right Now
Pleasure Bot may sport a skintight bodysuit, but this android is surprisingly wholesome. | Source: Twitch

Although the name raises connotations of an android dishing out lewd favors to Los Santos’ role-players – a notion exacerbated by a skintight pink bodysuit and a neon motorcycle helmet – it is a clever guise for something far more wholesome.

Instead, Pleasure Bot parades around Los Santos, raising the self-esteem of other characters.



MiltonTPike1 lures in unsuspecting players with the promise of carnal favors, before getting to work raising their spirits. Br3nd4 demands they list what they like about themselves while adding in profound takes on self-worth and the state of the world at large.

Affirmations from the city’s down and out residents trigger Pleasure Bot’s power-up sequence. The sequence is brought to life as a synth-laden electronic track that slowly crescendos.

When Pleasure Bot reaches maximum power, the song drops, and MiltonTPike1 erupts into dance, spewing off yet more self-esteem raising nuggets. More often than not, the whole affair ends abruptly with Pleasure Bot storming off. But, not without usually imparting one final nugget of wisdom.

The Best Thing on Twitch Right Now

The beauty of these improvised situations is that they are non-scripted, unexpected, off-the-cuff performances. While it’s all fantasy role-play, there’s a palpable sincerity that gives you that special warm feeling inside.

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Twitch isn’t exactly a bastion of positivity due to the cesspit of memes and casual bigotry that Twitch chat can be – not to mention its own brand of controversy. But, MiltonTPike1’s channel and community, and especially Pleasure Bot’s wholesome quest to raise the spirits of GTA’s RPers, is hands down the best thing on Twitch right now.

As Pleasure Bot says, that mustache does not make you, my friend, you make the mustache.

This article was edited by Josiah Wilmoth.

Josh Shaw Suspension Is Proof NFL Wants to Look Tough, Not Be Tough

  • Arizona Cardinals defensive back Josh Shaw has been suspended indefinitely by the NFL for gambling on NFL games.
  • Shaw has been forgettable as an NFL player, but fans may remember him as the USC player that injured his ankles jumping from a balcony.
  • He claimed he was trying to save a drowning nephew. But he eventually admitted that he was trying to avoid the police. A neighbor had called them because Shaw and his girlfriend were arguing.

Whenever it can, the NFL likes to flex its muscles and throw the book at someone. It’s why Vontaze Burfict was suspended for the season earlier this year. It is why Myles Garrett isn’t going to play until next season at the earliest.

It’ also why John Shaw is not going to play until 2021 at the earliest.

Josh Who?

Two of those three names are pretty well known, as is what they got suspended for. Burfict can’t seem to stop making dirty hits on people. Garrett’s now-infamous helmet swing will not be forgotten anytime soon.

Josh Shaw (whoever he is) must have done something serious to get hit with a more substantial suspension than both of those guys. The truth is, he did, but he didn’t—and the NFL made sure to say that when it announced Shaw was being suspended indefinitely for gambling on NFL games.

He can apply for reinstatement in February 2021.

For the first time in over 30 years, the NFL has suspended someone for gambling, Cardinals DB Josh Shaw : Twitter

The Case Against Josh Shaw

The NFL actually had almost nothing to do with building a case against Shaw. He did it all for them. According to Ian Rappaport, Shaw went to Vegas with some high school buddies earlier in the season. Thinking it was legal, he placed a few bets on games.

He didn’t try to hide it and even used his own ID and casino player’s card. Once he realized he made a mistake, he flew to New York, where he cooperated fully with the NFL.

Shaw did not use any inside information, his team (the Arizona Cardinals) were not aware of his gambling, and he didn’t impact the outcome of any games since he has been on the IR the entire season.

We don’t know if he bet on any Cardinals games, how much he bet or with who. Since the league has not had a history of gambling issues (or at least guys caught doing so), there isn’t much precedent for Goodell to follow.

Paul Hornung and Alex Karras were suspended for a season back in 1963 for betting on games (never on their team and usually $100). It didn’t happen again until 1983 when then-Baltimore Colts quarterback Art Schlichter bet so much he couldn’t pay off his bookies.

He, too, was suspended for a season.

But since Roger Goodell wants to look like he is cracking down, he is breaking with precedent and dinging Shaw for two seasons—or so it seems.

The Real Reason For Josh Shaw’s Heavy-Handed Punishment

It sounds like Shaw is going to plead ignorance in his appeal and ask for leniency. If the league had a heart, it would listen to what he says and give it to him – but it doesn’t have a heart.

The league needs a scapegoat, someone it can use as proof that gambling may be an issue in the NFL. Said scapegoat has to have the book thrown at him, of course. With a minimum suspension of two seasons, it looks like they threw it at Shaw—but not really.

Shaw has been out for the entire season this year, making getting suspended for this season a moot point. The Cardinals only signed him to a one-year deal for $895,000; he is not likely going to be a priority to resign in the off-season.

Since he can’t play next season, no one is going to sign him. Even if he were eligible, he very well would have gone unsigned anyway.

So, the NFL just threw the book at a guy who already couldn’t play this season and likely wouldn’t have been playing next season anyway. Way to flex those muscles, NFL.

This article was edited by Gerelyn Terzo.

Battleborn Shutting Down Showcases Problem With Online Games

  • Battleborn is a free-to-play online FPS game.
  • Battleborn is being fully shut down in 2021.
  • This shows that online-dependent games have less value than offline ones.

Battleborn is an online FPS game with a heavy focus on a colorful cast of characters. It released back in 2016 and was trying to capitalize on the massive popularity of MOBA games. Thanks to mediocre reviews, the implementation of micro-transactions post-launch, and numerous other factors, it didn’t sell terribly well.

Dwindling player numbers and a lack of income seem to have finally taken their toll, as Battleborn is on its way to the grave. Gearbox Software recently announced that in January 2021, the game will finally be killed off for good.

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The Long Drawn Out Death of Battleborn

Battleborn has basically been in long, drawn-out death throws since it came out. It didn’t have a massive user-base in the first place, it was unfavorably compared to Overwatch, and then it alienated people. Micro-transactions were followed by massive price drops, and eventually going free-to-play managed to annoy all those who had paid the full price for the game.

Moving forward there’s not much to do with Battleborn but try to learn some lessons from it. The main lesson in question is actually for consumers rather than game developers: Online-games are inherently worth less than offline ones.

I feel like I could hear the sound of thousands of gamers’ veins popping on their foreheads when they read that last sentence. To explain, I’m not saying that online games are bad, far from it. All I am saying is that online games should cost less to buy because unlike offline ones they come with an expiration date.

Battleborn - Nosgoth
Nosgoth was another online game that just disappeared. | Source: Twitter

Online Games a Ticking Time Bomb

When you buy a game that is dependent on a server being live, you know it’s going to die. It’s even worse if, as in the case of Battleborn, the single-player modes also get killed off. I can’t imagine being someone who has paid $60+ for a game only to have it taken away a few years later – let alone someone who also invested in the micro-transactions as well.

Eventually, when the player-base for these games dries up, they will die. This is the case with every single online game going, even the long-lived ones.  At least when you buy a single-player offline game you know you’re going to be able to play it for potentially decades to come. Even if not you can at least trade it in for a return on your investment.

The major takeaway here is not to buy a full-price online game. Online games are temporary. If they’re going to charge the same price as a game which will last forever, then they’re trying to trick you. Just look at Battleborn. It had dropped in price within a few weeks. The same can and will happen with other games.

Battleborn - Paragon
Paragon was an Epic Games-backed online game which still died in a few years. | Source: YouTube

Weirdly, Free-to-Play for Online Games Is Much Better

The best way that games can avoid dying like Battleborn is by being free at release. It won’t save a bad game, but it gives a great boost to well-made titles. Being free means that anyone can try a game. If they like the game, most players don’t feel too bad about investing in micro-transactions at least a little – as long as those micro-transactions aren’t loot boxes.

If Battleborn had been free when it came out, it might have done better. As it goes it couldn’t stand up to the competition and its eventual move to free-to-play just annoyed early adopters. In truth, no matter how bad micro-transactions can get, it’s got to be better than forcing full-price for a transient game.

This article was edited by Gerelyn Terzo.

BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX – BTC Ethereum Crypto Currency Blog

Bitcoin price has rallied 20% since dropping to $6,560, leading traders to closely watch altcoins for similar price action.

The futures market provides good insight into the sentiment of larger players. If the futures volume continues to rise in a falling market, this indicates that a decline is likely to extend further. However, if the volume increases with a rise in price, this shows that the market participants are accumulating positions. 

On Nov. 27, Bitcoin closed in the green and Bitcoin futures on Bakkt hit a new all-time high volume record which was 60% higher than the previous record. This shows that institutional players have increased their activity during the most recent relief rally. This points to possible  accumulation at lower levels and institutional interest is likely to increase further with the launch of Bitcoin Options contracts on Dec. 9.   

Daily cryptocurrency market performance. Source: Coin360

A growing list of countries appear to be taking steps to become more crypto friendly. In that direction, Germany has introduced a new bill that will facilitate the sale and custody of cryptocurrencies by banks. Sven Hildebrandt, the Head of Distributed Ledger Consulting, said that Germany was “on its way to becoming a crypto-heaven.”

The price action after the recent fall has been encouraging. However, buying the first pullback after a decline can be a risky affair. Traders should wait for reversal patterns to develop before initiating fresh long positions again. Let’s see, if we spot any reliable buy setups on the major cryptocurrencies.

BTC/USD

Bitcoin (BTC) broke out of the first resistance at $7,337.78 on Nov. 27 and is currently attempting to breakout of $7,702.87. Above this level, there is a minor resistance at the 20-day EMA but we expect it to be crossed.

The next level to watch on the upside is the 50-day SMA and above it $9,080. The recovery from the bottom has been gradual but steady, which is a positive sign.

BTC USD daily chart. Source: Tradingview

The 20-day EMA is flattening out and the RSI has risen from oversold levels to just below 50. This shows that bulls are back in the game.

We anticipate a minor dip from one of the overhead resistance levels. The next fall should give us an idea whether the current pullback was a dead cat bounce or is the bottom in place. Though it is too early to call a bottom, signs look encouraging.

Our bullish view will be invalidated if the bears sink the next dip below the recent low of $6,512.01. We do not find a reliable buy setup yet, hence, we are not recommending a long position on the BTC/USD pair.

ETH/USD

Ether (ETH) has broken out of the overhead resistance at $151.829. It will now move up to the 20-day EMA and above it to $173.841 where we anticipate sellers to step in. The downsloping 20-day EMA and the RSI in negative zone indicates that bears have the upper hand.

ETH USD daily chart. Source: Tradingview

If the ETH/USD pair dips from one of the overhead resistance levels and breaks below the recent low of $131.484, the downtrend will resume. If the pair finds support above $140, it will signal buying on dips. 

Such a move will offer a low-risk buying opportunity. We will wait for the confirmation of a bottom before proposing a trade in it. 

XRP/USD

XRP has managed to stay above the first overhead resistance at $0.22, which indicates some buying by the aggressive bulls. We now expect the bulls to extend the relief rally to the next overhead resistance at $0.24508. The 20-day EMA is placed close to this level, hence, we expect it to act as a major roadblock.

XRP USD daily chart. Source: Tradingview

If the price turns down from the 20-day EMA but finds support at $0.22, it will indicate bottom fishing by the long-term players. We will watch the price action closer to $0.22 before recommending a trade in it.

The XRP/USD pair will turn negative if the next fall breaks below the recent lows of $0.20041. If that happens, the fall can extend to $0.18.

BCH/USD

Bitcoin Cash (BCH) has broken out of the overhead resistance at $218.57. It can now move up to the 20-day EMA and above it to the 50-day SMA. We anticipate stiff resistance at the moving averages. 

BCH USD daily chart. Source: Tradingview

A breakout of the moving averages will be a positive sign that can carry the BCH/USD pair to $306.78. Conversely, if the price turns down from any of the overhead resistances, it will again dip towards the support at $192.52. We will wait for a reversal pattern to form before suggesting a trade in it.

LTC/USD

The previous support zone of $50 to $47.1851 is acting as a strong resistance. Even if the bulls propel Litecoin (LTC) above this zone, the moving averages will again act as a hurdle. 

On crossing above the moving averages, the next stop will be $66.1486 to $62.0764 resistance zone. As there are several overhead resistances, we will wait for the pair to form a new buy setup before proposing a trade in it.

LTC USD daily chart. Source: Tradingview

The  20-day EMA is sloping down and the RSI is in the negative territory, which suggests that bears have the upper hand. If the price turns down from the current levels and plummets below the recent low of $42.0599, the LTC/USD pair can decline to $36. 

EOS/USD

EOS is attempting to pullback to the 20-day EMA, which is flattening out. The RSI is rising towards the center, which shows that the buyers are making a comeback. However, if the price turns down from the 20-day EMA, the bears will attempt to sink it below the support at $2.4001.

EOS USD daily chart. Source: Tradingview

Alternatively, if the bulls can carry the EOS/USD pair above both moving averages, a rally to $3.69 is likely. We do not find any reliable buy setups at the current levels, hence we are not recommending a trade in it.

BNB/USD

Binance Coin (BNB) is consolidating in the $16.50 to $14.2555 range. As the 20-day EMA is sloping down and the RSI in the negative zone, the advantage is with the bears. If the consolidation resolves to the downside, a decline to $11.30 is possible.

BNB USD daily chart. Source: Tradingview

Conversely, if the bulls can push the price above $16.50, the BNB/USD pair can move up to the 20-day EMA, which is likely to act as a stiff resistance. 

However, if the price fails to sustain above $16.50, a few more days of consolidation are likely. Longer the range, stronger will the breakout or breakdown from it. Therefore, we will suggest long positions after the pair sustains above $16.50. 

BSV/USD

Bitcoin SV (BSV) had been trading just below the 20-day EMA for the past four days. Though the bulls pushed the price above the 20-day EMA today, they have not been able to sustain it. This shows a lack of demand at higher levels.

The 20-day EMA is flattening out and the RSI is gradually climbing towards the center, which suggests a balance between demand and supply. 

BSV USD daily chart. Source: Tradingview

The BSV/USD pair has formed an ascending triangle in the short-term, which is a positive sign. The pattern will complete on a breakout and close (UTC time) above $113.96. This gives it a minimum target objective of $139.199 and above it $155.380.

Our bullish view will be invalidated if the price turns down from the current levels and breaks below the triangle. Such a move can drag the price back to $92.693. As the overall sentiment is still fragile, we will prefer to buy on a pullback, rather than buy the breakout.

XLM/USD

After a sharp decline, usually, the pullback reaches the 38.2% Fibonacci retracement level. However, in Stellar (XLM) the rebound fizzled out close to 23.6% retracement level. This is a negative sign as it shows that the bulls are not buying even at these levels. A shallow bounce will encourage the bears to try and sink the altcoin below the $0.056 to $0.051014 support zone.

XLM USD daily chart. Source: Tradingview

If successful, the downtrend will resume. On the other hand, if the bulls defend the support zone, the XLM/USD pair might remain range-bound for a few days. The pair will pick up momentum on a breakout of the moving averages. We suggest traders wait for a bottom to be confirmed before jumping in.

TRX/USD

Tron (TRX) is facing selling close to the 20-day EMA but the positive thing is that the price has not turned down sharply from this resistance. The 20-day EMA is flattening out and the RSI is just below the midpoint, which shows that the selling pressure is easing.

TRX USD daily chart. Source: Tradingview

The next dip towards the support at $0.0136655 will give us better insight on whether the bottom is in place or not. If the TRX/USD pair holds above $0.0136655, it will offer an opportunity to buy as the risk to reward ratio will be attractive.

However, if the bears sink the price below $0.0136655, the drop can extend to the $0.0116262 to $0.011240 support zone. 

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

Market data is provided by HitBTC exchange.

Mixer Plays the Long Game with Ninja Exclusivity Deal

  • Poaching is occurring every week in the live-streaming wars.
  • Mixer’s latest announcement gives insight into its possible long-term strategy.
  • Can exclusivity deals be leveraged into more valuable endorsements?

The live-stream wars are in full swing with no clear indicators of where exactly it’s headed. With bank transfers rumored to be in the millions and low-impact metrics, many are wondering where the payoff lies. Mixer’s latest announcement may have given more insight into its long-term strategy, though.

Name of the game

Microsoft and its streaming platform Mixer were first to fire in the so-called live-streaming wars. The August exclusivity deal was announced with gaming’s most iconic personality, Tyler “Ninja” Blevins, and Mixer set off a proverbial warfare.

Ninja draws first blood in live-streaming wars. | Source: Ninja/YouTube

Mixer continued on a streamer shopping spree enlisting Michael “Shroud” Grzesiek, Cory “King Gothalion” Michael, and Soleil “Ewok” Wheeler to its platform. This caused YouTube, Facebook, Twitch, and even Caffeine to lock horns and fight back with exclusive arrangements of their own. The model has formed an atmosphere in which platforms must fight for their content creators. There’s also no telling when the poaching will end.

Wheres the value?

The logic behind each deal seemed fairly cut-and-dry; on-board popular personalities and increase viewership metrics of the platform. To some extent, it’s worked. On the day of Ninja’s transition, Mixer became the No. 1 app in the iOS store and achieved the highest possible Google Trend score.

Although, an Oct. 14 report from Stream Elements outlined Twitch still reigned supreme with 75.6% of live-streaming hours watched. Meanwhile, viewership of the streamers themselves are suffering.

Take ex-professional CS:GO player and variety streamer Shroud, for example. The week prior to joining Mixer, Shroud boasted an impressive average viewer count of 27,245. In his last two weeks on Mixer, Shroud has averaged just 6,506 viewers.

Shroud’s viewership counts have sunk since switching over to Mixer. | Source: Twitch Metrics

At scale, the exclusive agreements likely haven’t garnered the type of growth Mixer was hoping for. That’s not to say Microsoft doesn’t have something up its sleeve in the long run, though.

Playing the long game

While there has been endless amounts of speculation, no one truly knows the parameters of these contracts – what they’re worth, what the guidelines are, and what other obligations are tied to that money. For the most part, it’s truly a mystery.

The arrival of Halo: Master Chief Collection on PC Dec. 3 is one of Microsoft’s biggest foreseeable debuts. The following day, its streaming platform will host Mixer Matchups, an event to promote the game’s release. Apart from the Mixer streamers participating, the event itself will be hosted by Ninja on his channel. Having Ninja as an anchor for the tournament should help drive its viewership and awareness.

The news comes as Mixer’s first tactic to utilize one of its superstar streamers beyond its opening deal. And frankly, it’s what many have suspected since the very beginning.

Ninja to host Halo: Master Chief Collection event on Dec. 4 | Source: Twitter

Perhaps that the Mixer deal was actually designed for more than just promoting the streaming platform itself. Maybe it was a cunning plan by Microsoft to promote its upcoming products with the gaming world’s most influential players. And with two massive releases – Xbox Scarlett and Halo: Infinite – on the horizon, they are likely aligning themselves for an unignorable campaign. Hell, Ninja could even be the frontman of an entire new console generation for Microsoft. No one really knows.

What’s next?

In Ninja’s announcement video, he talked about “getting back to his roots.” Prior to rocketing up to Fortnite stardom, the streamer was known as a professional Halo player. Going professional in 2009, Ninja went on to play Halo under some the most recognizable organizations in eSports. That list includes Team Liquid, Luminosity Gaming, Cloud9, Evil Geniuses, and the unmistakable Final Boss. We could only assume that picking up and streaming Halo for a few hours a day come the time of its launch will be natural to him.

What else will come from this partnership with Microsoft? Well, we can only really speculate at this point. There’s no telling whether or not Ninja would have participated in the Mixer Matchups event previously – or at least without a big bag of cash attached to it. Participation in further tournaments, appearances, endorsement, and whatever else Microsoft can drum up alongside its team of influencers is all a possibility.

Either way, we’ll get our first glimpse of Ninja revisiting his old love interest on Dec. 4 with Mixer Matchups. You can view the tournament on the day at Ninja’s Mixer channel starting at 7 p.m. EST.

TV Host Refusing Free 100 Bitcoin Because It’s Worthless Is Hypocritical

  • A TV personality in China refused to accept 100 bitcoin for free in 2014.
  • Five years later, he was again offered free BTCs but again, he refused.
  • Bitcoin performs better than fiat currency in the four properties of sound money.

If you were offered 100 bitcoin for free, would you hesitate to jump on the opportunity? Chances are, you won’t think twice to supercharge your stockpile of satoshis. With bitcoin trading around $7,000, 100 BTCs is worth $700,000

Well, a certain professor and TV host in China was offered 100 BTCs for free on air. His name is Lang Xianping, also known as “Larry.” Back in 2014, the lucky professor shocked the crypto community when he refused the offer. At the time, the top cryptocurrency was trading at $650.

According to Larry, the number one cryptocurrency has no value. Would he change his mind now that bitcoin is worth $700,000?

Apparently, the professor is sticking to his guns. Recently, Larry was asked again on TV if he would accept free bitcoin. Surprisingly, he insisted on refusing because “it’s worthless.”

I’m not sure what Larry is smoking but I’m having none of that. Thinking that bitcoin is worthless is hypocritical and shows total ignorance of how money works.

Bitcoin Is Outperforming Paper Currency

I hope Larry gets to read this article so he learns that bitcoin fares so much better than fiat currency in the four properties of money. For instance, sound money should be a safe store of value. The U.S. dollar is an awful store of value, having lost 96% of its value in 100 years. With the Federal Reserve printing more money, the greenback is bound to lose more purchasing power.

On the other hand, bitcoin maybe volatile but the volatility has been on the upside. If Larry accepted the 100 BTC in 2014, he would have made over 992% in gains by today.

Another property of sound money is scarcity. Bitcoin is the most scarce currency in existence. There will only be 21 million BTCs ever mined. Meanwhile, governments can print as much fiat currency as they want.

Also, bitcoin is divisible just like the dollar or the Renminbi. The number one cryptocurrency is divisible to eight decimal points. Each decimal point or unit is referred to as a “satoshi.”

Lastly, bitcoin performs a lot better in the transferability aspect of sound money than paper currency. If you want to transfer fiat currency to a person in another country, it might take days before the cash reaches the recipient. With bitcoin, the transfer may take less than an hour. That’s the power of blockchain technology maintained by a healthy network of miners.

These are some of the reasons why bitcoin is worth more than any fiat currency. In fact, one BTC is worth 700,000% more than one U.S. dollar. If Larry the professor uses paper currency, claiming that bitcoin is worthless is just hypocrisy.

Disclaimer: The above should not be considered trading advice from CCN. The writer owns bitcoin and other cryptocurrencies. He holds investment positions in the coins but does not engage in short-term or day-trading.

US Housing Market Bubble Won’t See Broke Millennials Buying Boomers’ Homes

  • Baby boomers own half of all American homes. As they reach old age, they’ll sell up and unleash 21 million houses on an already frothy market.
  • Millennials and Gen X can’t afford to buy the flood of homes on the market, potentially triggering a national housing crisis.
  • Signs of an imminent US housing bubble are already flashing red as price/income ratio hits record highs.

Baby boomers rode the housing bubble all the way to top. And now they’re about to pop it.

A whopping 50% of all homes in America are owned by the over 55s. But what happens when they retire and downsize? What happens when they move to community homes or unfortunately pass away?

The answer is worrying. There could be an epic crisis in the housing market.

“A wave of homes for sale, hitting the housing market. A scale we haven’t seen since the housing bubble in the mid-2000s… This is homes being sold by baby boomers like myself and there’s no-one there to buy them” – Fox News.

Boomers will sell an estimated 21 million homes in the next two decades (a quarter of the total US housing market).

The problem is, Gen X and millennials can’t afford to buy them.

Millennials can’t afford to buy boomer homes

A New American report revealed that millennials earn 20% less than boomers at the same stage of their life. Wage stagnation, decline in company benefits, and a rise in contract work means millennials can’t afford the same homes their parents could.

millennials housing downpayment
Half of renting millennials have zero savings to put towards a home downpayment. Source: Apartment List

According to Apartment List, one in five millennial renters now think they’ll be renting forever. That figure rises to one in four in Californian cities.

As real wages stagnate, house prices are running away. The average price-to-income ratio in 2017 hit 4.2 (in California it’s as high as 8). Back in 1980 it was just 3.2.

house prices to income ratio 1980
Home price-to-income ratio in 1980 was an average 3.2. Source: Joint Center for Housing Studies, Harvard University
home prices housing bubble 2017
By 2017, the home price-to-income ratio has increased to 4.2. Source: Joint Center for Housing Studies, Harvard University

Unable to scrounge a downpayment, millennials are doomed to become “Generation Rent.”

A survey analysis from Apartment List reads:

We estimate that at current savings rates, only 25% of millennial renters will be able to afford a 10% down payment on a median-priced home in the next 5 years.

Gen X can’t save the housing bubble either

But what about Gen X? Can they fill the gap and buy up all the boomer homes? Not likely. Gen X took a major hit from the 2008 recession and now struggle with many of the same money issues as millennials.

“I wish GenX and older millennials were given more space to talk about the impact of the recession on our lives. Wiped out savings, career paths diverted, homeownership delayed, debt everywhere we turn, the feeling of being perpetually behind what your parents accomplished” – Writer Austin Channing Brown.

Many in their 40s report struggling to get by and stuck in a cycle of renting.

“Mid 40’s, renting a house, buried in student dept for a degree that has done me no good at all, barely getting by. We have more in common with younger millennials than we do with boomers” – Gen Xer, Gwen Gilpin.

Is the housing crisis already here?

All of this may seem like a decade away from playing out, but some believe the housing crisis is much more prescient. According to the US Commerce Department, sales of new and existing homes slumped in September 2019, down 8.8% year-over-year.

Fannie Mae also hinted at a potential slump in its latest report. Homebuyer sentiment declined 2.7% in October with a net share of 21% of Americans say that now is a good time to buy a house. All this despite mortgage rates at record lows, giving a small boost to affordability.

With strong whispers of US recession around the corner, the appeal of big-ticket purchases like houses has already started to fall.