Ted Bauman Provides An Insight into Major Problem Facing Bitcoin


Ted Bauman is an editor at Banyan Hill Publishing. Bauman also acts as an editor for Bauman Letter where he provides advice on investment strategies, asset protection among other current issues. Ted was born in Washington, D.C. He grew up in Maryland. Ted’s family migrated to South Africa. He joined the University of Cape Town where he graduated with degrees in Economics and History. He worked in the non-profit sector in different capacities for 25 years. He was involved in the fund management of low-cost house projects before joining Banyan Hill in the year 2013.


Ted recently shared his insights on the potential of bitcoin in growing economy in the Bauman Letter issue of December 2017. As a cryptocurrency, bitcoin only exist in the decentralized network. It implies bitcoin is private, transparent, and free. He explained that miners create new bitcoins through mining which is an intensive process. The network continuously processes bitcoin transactions. However, anyone intending to send bitcoins or receive has to wait until the completion of the mining process to transact.

Bauman argues that the process is quite slow when you compare to debit or credit processing time. For instance, Visa can complete 150 million transactions in a day or 24,000 transactions per second. On the hand, bitcoin network process approximately 6.5 operations every second. Additionally, on average a bitcoin transaction requires around 10 minutes to complete. Others take even more extended periods. Ted Bauman outlines that as bitcoin use grows, waiting time for processing a deal will get longer.

Ted argues that for bitcoin to succeed as a currency, the long processing time needs a solution. Bitcoin should provide a platform for people to transact business efficiently. Bitcoin networks need to solve the problem to grow exponentially and eliminate speculations of success.

Ted Bauman offers two solutions to bitcoin long processing time. He recommends reducing the data processed in mining blocks or enlarge data blocks to enhance processing of information at the same time. To speed up transactions, bitcoin miners hope to adopt technology that can reduce the size of blocks. However, Ted outlines that eliminating some data from blocks lowers the security bitcoin.

The emergence of bitcoin cash aims to enhance the scalability of bitcoin. Bitcoin Cash involved the creation of new transactions on the system using bigger block size. The more significant block size hopes to accelerate confirmation of trades in bitcoin. Bauman adds that bitcoin remains to hold potential growth in future. However, due to the volatility of prices and swings in markets, he is cautious about the market.

Bauman Letter

Ted is an editor for Bauman Letter. It focuses on investment strategies. Additionally, the monthly publication also provides advice on wealth, asset protection, and privacy. Ted also writes on stock trading to offer reader on developments in the stock market and provide useful information in profitable stocks.

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Michael Hagele Takes Sensible Approach to Business

Michael Hagele serves a range of companies dealing with technology in defense, internet, biotechnology and internet as general counsel. Hagele invests in and founded a number of hospitality and restaurant industry firms as well as investing in technology companies in their early stages. He is experienced in drafting, closing and negotiating technology, development agreements, licensing distribution, software, hardware and telecommunications.

Michael Hagele got the idea for his current services from seeing that small firms and sole practitioners frequently provide legal services that are affordable and high quality to those running businesses focused on technology. Hagele begins his day taking care of his technology clients needs typically through legal counseling related to intellectual property. He takes his clients to the basics of the contracts involved.  Learn more about Michael Hagele at whitepages.com for more info.

Hagele will take a break to road or mountain bike during the early afternoon, and usually returns with new ideas for handing issues for his clients. He finds the breaks allow him to feel refreshed and get a new perspective on things that staying in the office all day doesn’t allow. Michael Hagele spends the afternoons and early evening taking care of new issues that came up during the day while finding resolutions to existing matters. In the late evening he will talk to overseas investment partners to check on strategies and progress.

Michael Hagele believes the key to getting his ideas to become reality is not giving up. He is excited about the applications of artificial intelligence such as genetic programming. He advises and invest in a company that launched an application for identifying the most productive ways to use funds by non-profits. The machines learn algorithms to see data patterns and the relationships between them to gain insight into the impact of the program.

Hagele believes one habit that is most effective for entrepreneurs is to put customers first. The ability of an attorney to do their best is what the businesses of clients depend on. The worse job he had was washing cars in Chicago during the winter, it taught him that he wanted to do something meaningful which meant taking control of his education.

Check: http://members.calbar.ca.gov/fal/Member/Detail/191140


Jeff Yastine Talks About Investment Opportunities For Companies Looking To Compete With Amazon

Jeff Yastine Talks About Investment Opportunities For Companies Looking To Compete With Amazon

Jeff Yastine, the Editor of Total Wealth Insider recently published an article on the rise of competitors who want to stand up against Amazon in the online marketplace and retail sector. The article spoke about how companies are now starting to team up and find new ways to compete with the giant, which thereby leads to better investment potential in the hands of those who are looking to invest into these companies.

One of the things that Jeff Yastine pointed out in the article was the emergence of wide-scale mergers and acquisitions across the online retail sector. Because of the market share that Amazon currently possesses, it becomes difficult for one sole company to go up against them. To be able to take them on effectively, companies need to expand their reach and have more resources at their disposal, which is why seeking out mergers and acquisitions is one of the best ways to achieve this.

In the article, Jeff Yastine gave the example of Google and their likelihood of acquiring one of the big online marketplaces to be able to effectively enter the sector and take on big names like Amazon. He outlined how eBay would likely be the company that Google chooses to acquire since that is one of the more viable companies that would be able to aid them in their efforts against the giant that is Amazon. One of the reasons why a company like Google would want to enter into the online retail sector is because of its firm grasp of every array of the market. The search engine has been trying to expand the range of services it provides, but it isn’t currently equipped well enough to be able to take on something like Amazon.

About Jeff Yastine

Jeff Yastine was considered to be someone who knows a considerable amount about different industries and the investment potential that people can expect when they carry out investments to secure and improve their financials. He currently stands as the Editor of the financial magazine, which is a subsidiary of Banyan Hill Publishing. He started working at the publication in 2015 and since then has brought his huge amount of insight and expertise which he earned from the years that he spent working in the financial industry. Before coming to the sector of financial publications, Jeff Yastine was employed as a stock trader and investor for a number of well-known companies. He also worked with a wide variety of clients who wanted investment related help for their financial endeavors. Learn more:https://seekingalpha.com/user/48543045/stocktalks




Ted Bauman Advice when Dealing with Bitcoins

When Ted Bauman joined the prestigious Banyan Hill Publishing more than five years ago, he did not know that he was going to become one of the most vocal editors in the organization. Several years later, the businessman is making headlines because of his great success, and he is writing three newsletters that are trending on various platforms. Ted Bauman has been in charge of the publications in Alpha Stock, Plan B, and The Bauman Letter. His expertise when it comes to asset protection, low-risk investment strategies, and international immigration issues has given him a special and unique place in the hearts of many people in the world. Learn more at Seeking Alpha about Ted Bauman

Ted Bauman realized that he was interested in assisting investors to get in touch with great resources when he was still at the university. The businessman realized that many people were living the life they did not deserve because of the investment decisions they were making. Bauman ventured into the finance world with the primary aim of changing the lives of the investors. At the moment, the finance executive is proud of his numerous accomplishments in the complicated markets, and he is even looking forward to impacting more lives and changing many lives.

Not Long ago, Ted Bauman came up with a publication that has been discussed in several platforms since it was brought into the market. Cryptocurrencies have ventured into the modern market with a huge bang. The modern investor who is always quick to rush to profitable ventures whenever an opportunity presents itself, decided to embrace the idea without thinking about the result. Ted Bauman has sad news for these investors. According to a recent newsletter, the people who have invested in this department might soon be experiencing problems if nothing is done to make the Bitcoin trading platform better.

Unlike all the other forms of payments in the markets such as credit card, the Bitcoin takes a longer time to process. Because there are many people investing in this area, the number of transactions keeps increasing. Bitcoin payments might now be taking more than twenty minutes to complete, something no one is willing to accept. Bitcoins do not process numerous payments at a go like the credit cards. The modern customers have no time to sit and wait for a single transaction to be completed, and this means that traders will have a tough time. Bauman, however, believes that things will work for the better if something is done to speed up Bitcoin transactions.