Economic Trend #1: The use of cryptocurrencies
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Source: http://www.ibtimes.com/ethereum-2018-price-predictions-experts-forecast-ether-q1-value-2648606
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I believe this opportunity exists because the
above article discusses the success of the cryptocurrency Ethereum, which has
grown to a value of $800 from just $11 at the beginning of 2017.
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The prototypical customer would probably be
younger people simply because cryptocurrencies are very volatile and I don’t
think the older generations would want to risk their money.
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I think this opportunity would be easy to
exploit, but the real issue is how long it will last. I think right now there
is a lot of hype around Bitcoin and cryptocurrencies, and its popularity has
grown a lot. A lot of the younger generation is currently using cryptocurrencies,
so I don’t see why it wouldn’t be easy to exploit.
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I saw this opportunity because Bitcoin has grown
in popularity over the last few months, and now there is a lot of focus on
these types of currency.
Regulatory Chance #1: Trump’s tax cuts
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This opportunity exists because President Trump’s
tax plan was just passed by the Senate and the House, so it will probably be signed
into law soon enough.
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The prototypical customers will probably be
investors as the article states that once the bill is signed, stocks are going
to soar and earn people a lot of money.
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I think this opportunity would be easy to
exploit because the article is clear on the effects the tax cut will have, so
it is more than likely that people are going to invest in the stock market a
lot more.
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I found this opportunity because there has been
a lot of media and press coverage about Trump’s tax plan.
Regulatory change #2: Using drones to fight the Zika virus
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I think this opportunity exists because,
although Zika has not been in the news much lately, there are still Zika
infected insects out there, especially in places in Florida such as Miami.
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The prototypical customer should be people that
live in areas affected by Zika and want to protect themselves and their loved ones
from the virus
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I think this opportunity would be somewhat easy
to exploit because people care a lot about their health and want to protect
themselves from harm.
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I found this opportunity because I remembered how
much press coverage there was surround Zika last year and knew that it was a
big health scare for everyone.
Economic change #2: More people will be employed;
unemployment rates will fall
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I believe this opportunity exists because the
article states that the unemployment rate is going to fall to only 4-5% and the
economy will fully recover from the recession.
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The prototypical customer are people with
degrees in healthcare as the article states that healthcare will experience the
fastest growth in terms of employment.
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I think this opportunity would be a little
difficult to exploit as the article states that people with only a high-school
diploma will have a significantly harder time finding jobs, and the article is
only citing a rise in employment for some occupations, not all.
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I found this opportunity because, as a student, I
am interested in what the job market is like so I can be aware of my standing
when I graduate and enter into the working world.
