Chief Analyst and Trader, Trader Of Futures

Ernie has been a technology evangelist for over 30 years working in multiple industries. Over the past decade he has focused on Global Macroeconomic analysis and trading.

ALL CONTRIBUTIONS

3% Of Holders Control 96% Of Bitcoin Wealth
Over 95% of all bitcoins in circulation are owned by about 4% of the market. In fact, 1% of the addresses control half the entire market.
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Bitcoin Is The Biggest Ponzi Scheme In History
Bitcoins will go down in history as the most spectacular private Ponzi scheme in history?
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What Are Cryptocurrencies - Altcoins Vs Tokens
What's the difference between Altcoins vs. Tokens?
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Bitcoin Futures: Not For Everyone
If you're an institutional investor who wants exposure to bitcoin, a futures contract that trades on an exchange that you already use is very helpful.
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How To Trade The Yield Curve
Learn to trade the Yield Curve.
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The NoB And Bitcoin Futures
Bitcoin Futures must be quarantined?
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Comments

Latest Comments
Bitcoin Value Death Spiral
29 days ago

The big difference is that most other investments have a commodity or something physical that can't be diminished or wiped from existence.

In this video: BITCOMP
Bitcoin Value Death Spiral
29 days ago

there have been at least two instances where Bitcoin experienced significant drawdowns, one at 84% the other at 93%. The most recent drawdown, the result of the Segwit2X debacle, Bitcoin drew down 50%.

In this video: BITCOMP
Bitcoin Value Death Spiral
29 days ago

Bitcoin is benefitting from strong brand recognition. It's technology is being eclipsed as new projects and new use cases are addressed. Bitcoin's use cases are narrowing...so there's really only one path for the original, and that's as a store of value. But even that it tenuous because there are so many ways the value could be cutdown that branding cannot save.

In this video: BITCOMP
Bitcoin Value Death Spiral
29 days ago

So you have no rebuttal to my points, just disagreement without any real opinion. You are likely very inexperienced. I do very well by the way.

In this video: BITCOMP
Bitcoin Value Death Spiral
29 days ago

You may be hurt because of your personal investment, and want to believe that it is invincible, but investors need to know just how vulnerable #Bitcoin is and what those vulnerabilities are.

In this video: BITCOMP
Unprecedented Apple Downgraded On Moral Grounds
3 years ago
This is not just a simple social commentary, this is people's hard earned investments being thrown about in an almost criminal act of negligence. IMO.
In this video: AAPL, AMZN
Unprecedented Apple Downgraded On Moral Grounds
3 years ago
If I were an investor in his service I would have a HUGE problem...and as an investor outside his service I have a huge problem as well, in that his position affords him leveraged access to the media, causing the stock to make unusual moves affecting literally billions of dollars invested. I don't see how you don't see that is a problem.
In this video: AAPL, AMZN
Unprecedented Apple Downgraded On Moral Grounds
3 years ago
If I were an investor in his service I would have a HUGE problem...and as an investor outside his service I have a huge problem as well, in that his position affords him leveraged access to the media, causing the stock to make unusual moves affecting literally billions of dollars invested. I don't see how you don't see that is a problem.
In this video: AAPL, AMZN
Unprecedented Apple Downgraded On Moral Grounds
3 years ago
It's not quite so simple. If the analyst stated their method of analysis upfront and was consistent across the board, that would be one thing. But this rating is out of the blue. Investors join advisory services based on clear expectations of philosophy and methodology of the analysts or fund(s) they represent. As far as I know, this is a first for this guy. Also, consider that he is only one of a handful, I think 2 or 3 analysts out of 60 major analysts that have a negative rating on Apple. It sounds to me like this person has an itch for Apple. Plus the fact that his target hasn't changed and is higher than the current price, adds to the confusion. So, inprinciple I agree with you, that an analyst can do whatever they want. But when they act irrationally, then they are doing a diservice not only to their clients, but also to the public at large when their ratings are released to the public.
In this video: AAPL, AMZN
1 to 9 of 9 comments

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Ernie Varitimos Commented on Bitcoin Value Death Spiral:

The big difference is that most other investments have a commodity or something physical that can't be diminished or wiped from existence.

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The Apple MOAX Automated Trader
This is the latest addition to the automated trading systems in the Apple Auto Trader service. The MOAX system has been in production for over 6 months, after being in test for more than 2 years.

Work Experience

Chief Analyst and Trader
AppleInvestor
January 2008 - Present (10 years 1 month)
Editor of the AppleInvestor website, futures trader, trading coach, developer of analytical trading tools and automated trading systems. Mobile, Computing and Software industry analyst.
Chief Technologist
JavaChief, Inc
April 2001 - October 2012 (11 years 9 months)
Provide Internet-based Project Consulting and Professional Services, primarily for the development of enterprise applications, to a wide variety of organizations and industrial domains, at every stage of implementation; from clarifying the project vision, sourcing and building highly functional teams, instituting sound development methodologies and project plans, to defining architecture and design. Trusted Technology Advisor, required developing relationships with key Stakeholders and coordinat
Op40
Director of Professional Services
2001 - 2001 (1 year)
OTE: Op40 was a startup trying to maintain venture capital; unfortunately it was forced to cease operations soon after 911 due to a degenerative business climate and recession. My role in this start-up environment was to build a professional Services organization that would provide pre-sales support and post sales services that included integration, migration, development and support services for customers.
Chief Architect Professional Services
Sun Microsystems
1999 - 2001 (3 years)
Managed and sourced team of Sun Architects, Project Managers, Engagement Managers and Engineers for customer engagements, primarily Internet applications. And principle support for Sun Tier One Sales teams throughout the northeast region.

Education

Northeastern University
B.S.
1979 / 1982
Electrical Engineering
University of Massachusetts, Amherst
1978 / 1979

Publications