Saturday, November 27, 2021

Centaurify - ⚡ Launching Now on BSC ๐Ÿ”’ Liquidity Lock ๐Ÿ’ฐ Low Marketcap!!

๐Ÿ‘‹ Welcome to Centaurify

Centaurify is a bitcoin reward contract that pays holders in bitcoin. No need to claim just hold the Mermaid token in your wallet and you will earn Bitcoins.

CENTAURIFY in a nutshell:

Imagine if TicketMaster was built on a blockchain, with NFTs representing tickets. 100% traceable, impossible to counterfeit, and programmable re-sale conditions that protect both the consumers and the event host.

Contract Address: 0xE2B10d9EAbaBAD2E44e77ea8E64B840BCC80656E

Centaurify - Tokenizing tickets with NFT & smart contract technology. Your Live Event & Music NFT Universe. With fiat on ramps as well as a music NFT marketplace!

We allow organizers to mint their own NFT-tickets, setting their rules of the smart-contract tokenomics to reward themselves, their artists & their audience on every transaction on the secondary market.

  • We allow organizers to set maximum re-sale price to prevent scalping.
  • Organizers will secure their audience by using Centurify. NFT-tickets are 100% traceable and are impossible to counterfeit.
  • Artists gets fixed 2% automated reflection on every NFT-Ticket transaction from Centaurify.

๐Ÿ’ŽCLMD (14 platinum awarded DJ) a part of the core team

๐Ÿ’ŽTeam based in Norway, Sweden, Switzerland and Estonia

๐Ÿ’ŽListed at MEXC and CMC today

๐Ÿ’ฐ Link Buy ๐Ÿ’ฐ

๐Ÿ“ƒContract Address: 0xE2B10d9EAbaBAD2E44e77ea8E64B840BCC80656E

๐Ÿง Pancakeswap: https://pancakeswap.finance/swap?outputCurrency=0xE2B10d9EAbaBAD2E44e77ea8E64B840BCC80656E

๐Ÿ”’Liquidity Lock:

https://www.pinksale.finance/#/pinklock/record/3974?chain=BSC

☀️ SOCIALS ☀️

๐ŸŒ Website: https://centaurify.in/

๐Ÿ“ž Telegram: https://t.me/CentaurifyGobal

๐Ÿฆ Twitter: https://twitter.com/CentaurifyBSC


Ahoy Pirates! Thank you

Ahoy fellow Pirates!

It’s the week of American thanksgiving. No matter where you are in the world, this time can act as a reminder to express gratitude for what you have, no matter how small it may seem.

Thank you to all who read and comment on these ARRRticles! We’ve now reached the 20th post and your continued support is appreciated. The weekly articles can now be expected once a month from here on in. To those who took the time to read it every week, I salute you!

A thank you to the Pirate Chain crew and community in general as well. The Pirate Chain flag acts as a beacon of hope, a reminder that there are still people in this world who are fighting for freedom. This freedom comes in the form of having complete control and privacy over our assets.

We need to take advantage of that by holding onto our treasure regardless of the scare tactics that the government and media uses. We can’t give in to them. The purpose of our fight—our treasure—is so that we have no need to be at the mercy of what is going on in the world right now. It is currently our only guarantee of security.

But, to achieve this freedom, we must take care not to keep ourselves in shackles. So long as we give in to the media we are keeping ourselves bound by government control.

Selling off crypto every time regular stock markets fluctuate, or when we experience news of new variants of any virus, means we are still letting ourselves be chained by others. Be sure, if you do sell your treasure, that you are doing it for the right reasons, because you feel it would serve you in the long-run, and not just to give in to the daily pressure and fear.

Unlike regular markets, cryptocurrency is decentralized, which means it is not bound by a central authoritative entity. We need to embrace this aspect of crypto. To do that, we can’t sell off what we own just because others are doing the same. We are in it for the long haul, just as El Salvador is, as was mentioned in the previous ARRRticle. Keep your eyes on the future, for we know the tides will turn.

El Salvador’s vision for Bitcoin adoption continues to expand, as president Nayib Bukele announced during an event closing the Latin American Bitcoin and Blockchain Conference that they plan to build a Bitcoin city that it will include everything—residential areas, commercial areas, services, museums, entertainment, bars, restaurants, airport, port, rail. The city, and the Bitcoin mining, will be powered by geothermal energy from a volcano. The aim is to have sustainable and efficient public transportation with no CO2 emissions.

The city will have a circular design, with a plaza in the center to resemble the BTC coin from above, and will be located in the eastern area of La Union, near the Conchagua volcano. There will be no income tax, capital gains tax, property tax, payroll, or municipal tax. The only tax will come in the form of a 10% VAT (value added tax); half of which will be used to buy the bonds to build up the city, while the other half will go to the municipality for maintenance, to keep the city clean and tidy. According to Bukele, they are committed to free and equal access to everything.

The chief strategy officer of Blockstream, Samson Mow, also spoke during the event regarding the Bitcoin bonds. El Salvador plans to issue “Bitcoin bonds” in partnership with Blockstream, a blockchain technology company, and iFinex, the parent company of trading platform Bitfinex. These bonds will be available in 2022 and will be backed by Bitcoin. Half of it will go into buying Bitcoin while the other half will go to infrastructure, especially energy infrastructure and energy mining. It is going to be called the “volcano bond.” The first bond will be known as the EBB1 (the El Salvador Bitcoin Bond 1). The government is working on modern digital securities laws. The bonds will be tied to citizenship as well.

Bukele ended the presentation by saying that, “Like Samsung [Mow] said, Bitcoin is going to change the world. It has already changed it but it is going to change even more” (https://www.youtube.com/watch?v=tqoJkVvKmy0).

Benjamin Bloom National Children’s hospital, one of the largest in El Salvador, received an over 1 Bitcoin donation from the Liberland Aid Foundation, a U.S. based nonprofit. In a report published on Bitcoin Magazine, Joey Langenbrunner, LAF Chairman, shared a statement:

“This initiative has allowed Liberland citizens the opportunity to not only give back, but also to show the power of what Bitcoin can do to empower the people of El Salvador” (https://bitcoinmagazine.com/business/el-salvador-childrens-hospital-receives-over-1-bitcoin-donation).

One of Singapore’s leading banking institutions, Oversea-Chinese Banking Corporation, Limited (OCBC Bank), is considering setting up a crypto exchange in order to offer crypto services and respond to customer needs. The bank is not looking to rush into it, but, according to Chief Executive Officer Helen Wong in an interview with Bloomberg, they believe it is “worth studying crypto technology due to its potential to boost efficiency” (https://www.bloomberg.com/news/articles/2021-11-19/singapore-s-ocbc-studying-crypto-exchange-ceo-wong-says). Rival banks, such as DBS Group Holdings, Ltd. are already planning to expand their cryptocurrency services.

A report by Blockdata reveals that the Bitcoin network has processed more dollar volume than Paypal this far. The estimated value processed for Bitcoin is an estimated average of $489 billion per quarter in 2021, while Paypal processed an average of $302 billion per quarter (https://www.blockdata.tech/blog/general/bitcoin-volume-mastercard-visa). Bitcoin network growth continues as more countries experience double-digit inflation.

In the same report, Blockdata verified inflation numbers posted by Alex Gladstein on Twitter (https://twitter.com/gladstein/status/1453087434623754240) and found that a minimum 1.12 billion people across 28 countries suffer from double-digit inflation

Cryptocurrency can act as our safe haven of money, if we let it. To do this we must treat it separately than regular stock markets because it is in a field of its own. It provides an answer in this time of inflation.

Pirate Chain provides us even greater security and privacy. It may seem less usable than Bitcoin, which is one of the most widely used cryptocurrency, but don’t forget that the atomic swap is coming. The atomic swap allows you to exchange your cryptocurrency for another without a centralized intermediary. By exchanging your ARRR for Bitcoin and then back again, you can retain your privacy. This means you can utilize the benefits of Bitcoin while making the most of the security that only Pirate Chain provides.

Stay strong, Pirates, and horde your treasure. Our time is coming. Fare thee well until next time!


Free £10 of Bitcoin from Luno - No Deposit or purchase necessary - UK only

Free £10 of Bitcoin from Luno - No Deposit or purchase necessary - UK only -

I am a member of Bitcoin Pioneers; a group who work in association with Luno to support Bitcoin adoption and education in the UK. My Bitcoin Pioneers’ referral code BPKSteele10 will give you £10 of Bitcoin when you sign up to Luno (UK and 18+ only). You don’t need to deposit any money or buy any crypto to get your free £10 of Bitcoin when you use my code.

Luno is an established crypto exchange, founded in 2013 and HQ in London. Luno’s app is used by over 9 million people in 40 countries. I think Luno’s app is really easy to use and ideal for beginners. I signed up in February and Luno has become the crypto exchange I use most due to the low trading fees. https://www.luno.com/en/features

It is free to deposit and withdraw GBP using a regular UK bank transfer. Fees for buying and selling crypto are very low - using Luno's Exchange there is no maker fee (limit order) and only 0.1% taker fee (market order). To access the Exchange tap ‘Home’, tap the three dots (top right) and select “Exchange”.

This Bitcoin Pioneers offer also gives you free access to the next "Introduction to Bitcoin" webinar event that gives you all the basics about what Bitcoin is, why Bitcoin is so important and what might happen next - you can ask any questions you have to the presenter (Bitcoin analyst Jason Deane) at the end, just select yes to marketing when you sign up (you can change that setting any time). The next event is on 15th December at 6pm.

Steps:

  1. Download Luno’s app or tap https://www.luno.com/signup, enter your email address and password then select “Sign up”.

  2. Verify your account before you enter my code - go to ‘profile’, ‘settings’ and ‘verification’ to upload photo ID e.g. passport / driving licence and a selfie. Sign up and verification usually take a few minutes.

  3. Tap the ‘Rewards’ tab, select ‘Enter a Code’ and type in BPKSteele10 - your £10 worth of Bitcoin will be credited instantly.

If you want to you can create a savings wallet on Luno and put your Bitcoin into your savings wallet and you will earn approx 4% interest per annum.

Feel free to share my code with others, my code doesn’t expire and anyone can use to get £10 of Bitcoin.


Mark Cuban to Share Stage at BTC Miami With Crypto-Friendly Mayor Francis X. Suarez

Mayor Francis Suarez is popular in the crypto community due to his aspirations of making Miami, the first city in the US to give a Bitcoin yield as a dividend to its residents.

Do you think him attending the event would boost the global crypto adoption movement?

https://finance.yahoo.com/news/billionaire-investor-mark-cuban-share-141900258.html


Just an interesting though about Covid

So I sat and I thought, what if we are living through our own extinction event and this is just the beginning. As Covid begins to mutate more and become more vaccine resistant could we be witnessing the beginning of a very long, possibly 100 years or more. Extinction event.

It's an interesting thought. I'm investing in Bitcoin I want to make sure no matter what the bitcoins survive.


All in one Protocol - DAO, Time deposit(CD), NFTs, MEMEs, Governance, Oracles

Ethereum provides the infrastructure and Polygon provides the same infrastructure at higher scalability. But IMO the biggest growth potential right now is in the protocols that build on top and XMVC is just one of them.

XVMC is a "full-stack" protocol made to evolve and this is how it works:
- It actually is a DAO
- The main goal is to create a valuable protocol/currency
- to earn staking rewards, users must lock up their tokens (a time deposit/CD)
- the longer you lock the tokens for, the higher rewards and more voting power you receive
- the locked up stakers create the governing council
- This creates the decentralization - a consensus mechanism that governs the whole protocol and allows it to be updated and evolve without any one single party in control
- Users act as oracles that regulate the system ( the inflation, rewards, events, fees, bonuses,...)
- When businesses grow in value, they provide additional services. Similar could happen on the protocol level
- Protocol itself holds meme tokens and NFTs to create narratives that could make it more valuable(it gives you exposure to MEMES and NFTs)

It might be hard to understand but all of these things are a big deal.
1.) Time deposits are the biggest markets in the world(worth more than gold AND bitcoin combined)
2.) The only thing that impacts the price of any asset are buyers and sellers - through
a time deposit(locking tokens) potential sellers are being removed and new users are attracted through periods of boosted rewards(APYs) - perfect recipe for price growth
3.) It provides an extremely valuable service. 90% of people are in crypto for the money and financial freedom. The protocol creates new opportunity to create wealth and generate staking interests at the same time - A service that is in strong demand and what most people are looking for(but instead they are getting screwed on yield farms!).
4.) It's decentralized, it utilizes oracles, it works as a currency, it has it's own governance and consensus model, it creates a new and incentivized system for collaboration

It has all the fundamental qualities you would want in a cryptocurrency, and all of these things also happen to be the best for price appreciation. You can do the best possible thing and benefit the most at the same time.

Mac&Cheese ($XVMC) (macncheese.finance)


You know the Bitcoin halvings that start bull runs? Ethereum's merge to PoS next year is going to be three times as bullish.

All right folks, here's the ETH hopium you're looking for. I'm sure you've all heard about the fabled Merge that will be happening next year around June. Essentially Ethereum will transition from Proof of Work to Proof of Stake. When this happens, the amount of ETH being created will be reduced by about 90%, and the total ETH supply will become deflationary (which means the supply will constantly be decreasing)

So why does this even matter? You know the Bitcoin halvings? Those groundbreaking, earthshattering events that kick off every bull run? The Merge is estimated to be about as bullish as three of those combined. That's totally mind-blowing. This means that ETH is going to have a bullish movement like nothing we have ever seen.

If demand remains constant, and supply decreases-as it will-ETH has to go up. That's simple supply and demand. And ETH's demand is going to be going up. With the rise of L2's and sharding, ETH isn't going anywhere anytime soon.

TL;DR: When ETH goes PoS it will be as bullish as THREE bitcoin halvings. That is absolutely crazy. ETH is going to have an amazing future.


Best 5 IPTV Subscription Providers in 2021

Internet television (IPTV) is a different thing as compared to traditional TV. Instead of transmitting content via light pulses in fiber-optic cable or radio waves from a satellite, IPTV sends shows and movies through your standard internet connection

Why is Internet Protocol Television better than traditional cable?

Installation: IPTV installation does not require drilling more holes for cables around your house. Also, it does not require the purchase of an expensive antenna that works from time to time depending on the weather.

Number of Channels: You get thousands of channels, movies, series and content from different countries around the world. So IPTV gives you the freedom to browse channels around the world without limits.

Devices: You can use IPTV subscriptions on all your devices such as TV, phone, and computer. Unlike using traditional cable you can only watch channels on TV.

a summary:

All of the IPTV services we reviewed delivered very solid performance and reliability. There are two primary factors to consider when trying to figure out which one is best for you:

Content: Choose the service that provides what you are looking for. And the question comes: Are you primarily looking for direct channels? Are on-demand movies and series important to you? So make sure that these services cover all your favorite TV shows and sports adequately.

https://preview.redd.it/20dae91th7281.jpg?width=602&format=pjpg&auto=webp&s=c2824c6bc95198b3b8aeb6434449f060801f26b8

There are many who are searching for the best IPTV subscription sites and the service is fast and without hiccups. So that they can watch paid and unpaid channels all over the world via the Internet and without the need for a satellite receiver.

So, in this article, we will try to mention the best sites that provide this service. And the most common in the world in general and the Arab world in particular.

We always strive and hope to get the best IPTV subscription services. We are constantly trying to find new providers that provide what everyone is looking for. So we bring you some reliable IPTV service providers that have stable servers at reasonable prices.

Best IPTV Subscription Service Providers:

In our ranking we try to give attention first to IPTV service providers who offer a large number of Arabic channels. But we also care about who offers the largest possible number of sports channels.

So in this article you will find IPTV service providers that have at least 800 Arabic channels. In addition to a great selection of sports channels so that you do not miss any sporting event.

IPTVService.shop

https://preview.redd.it/f11yvxe9w7281.jpg?width=1288&format=pjpg&auto=webp&s=f3bca267d439834eaf3feef549e8f26fce04f2d3

IPTVService.shop is one of the best international websites that provide uninterrupted IPTV subscriptions. As well as high quality and more than 4 years of experience in this field.

Where you enjoy watching games, movies and programs, and it is compatible with all Android, iOS or smart TV devices, including computers.

You can access more than 12,000 channels worldwide. In addition to the famous channels in the Arab world such as Bein, OSN, ART ... etc. You can also enjoy a huge library of movies, series and programs.

Top featured :

  1. Quick activation.
  2. Channels without interruption and in different quality (FHD, HD, SD).
  3. More than 12,000 channels and 20,000 Vods
  4. All popular and international channels are available.
  5. Compatible with using the VPN feature.
  6. Compatible with all devices.
  7. The possibility of communication and assistance 24/7.

Pricing is a common thinking in market. So they’re offering their cheapest best deal with their best service.

They’re offering their amazing service at cheapest:

  • 1 Month for $9.99
  • 3 Months for $24.99
  • 6 Months for $39.99
  • 1 Year for $59.99

Easy Payment Options:

IPTVService.shop has easiest & available payment options with PayPal, Master Card, Bitcoin & many other gateways. And have easiest & safe refund policy.

Homeplexiptv.com

https://preview.redd.it/oh7j4fur18281.png?width=1845&format=png&auto=webp&s=a262fe3f056c22faed39fc0ba1076b325312baa2

Top featured :

  1. Quick activation.
  2. Channels without interruption and in different quality (FHD, HD, HS).
  3. More than 1200 channels.
  4. All Arab and international channels are available.
  5. Compatible with using the VPN feature.
  6. Compatible with all devices.
  7. 24/7 communication and assistance.

Homeplexiptv.com platform is a high quality foreign IPTV service. Which provides more than 12,000 Arabic, European, Asian and American channels.

Installing the service is simple and uncomplicated. You will get support from customer service at any time.

Price: $10/month, $25/3 months,40/4 months and 60$/year

MomIPTV.com

https://preview.redd.it/ls5tweoq48281.png?width=1900&format=png&auto=webp&s=5cb2f8d8df3e412d37252a50d31c3c80b0aaa9fa

Top featured :

  1. Quick activation.
  2. Channels without interruption and in different quality (FHD, HD, HS).
  3. More than 14000 channels.
  4. All international channels are available.
  5. Compatible with using the VPN feature.
  6. Compatible with all devices.
  7. 24/7 communication and assistance.

MomIPTV is a premium quality IPTV subscription provider. The site team has more than 3 years of experience.

And the Momiptv platform contains more than 14000 channels in Full HD, HD and SD, which guarantees the user better quality without interruption while watching.

NikonIPTV.com

https://preview.redd.it/s82tfc2758281.png?width=1877&format=png&auto=webp&s=597ecde61bc00accc578b82e733357b936d29e4c

Top featured :

  1. Quick activation.
  2. Channels without interruption and in different quality (FHD, HD, HS).
  3. More than 12000 channels.
  4. All Arab and international channels are available.
  5. Compatible with using the VPN feature.
  6. Compatible with all devices.
  7. 24/7 communication and assistance.

Nikoniptv.com is one of the innovative IPTV applications which is currently providing 10,000+ channels including 200+ premium sports and movie channels in HD quality.

Propackiptv.com

https://preview.redd.it/vwnzg8dm98281.png?width=1754&format=png&auto=webp&s=944ef4567a70030494511ebf79e3c49b4b05d7f7

Top featured :

  1. Quick activation.
  2. Channels without interruption and in different quality (FHD, HD, HS).
  3. More than 12000 channels.
  4. All Arab and international channels are available.
  5. Compatible with using the VPN feature.
  6. Compatible with all devices.
  7. 24/7 communication and assistance.

It is one of the innovative IPTV applications currently providing 12,000+ channels, including 200+ premium sports and movie channels in HD quality.

100 exclusive TV channels that just for kids. It is a must-try service, Therefore If you have children in your home. It is the best kids-friendly IPTV service, provider.

The average subscription price is between $50 to $70. Check if the more expensive providers have any additional content or feature that you might find interesting.


Here are several ways to think about and resolve the “spending crypto” question

What are the incentives to spending crypto at merchants? \ \ I want to support the Flexa network, and be able to say I'd spent crypto at retail, but it's going to be a stretch to see the average consumer adopting anytime soon. \ \ Right now most people use credit cards, which is a 30-day interest free loan w/ fraud protection on the consumer side. You can typically get 1 to 3% cash back when using a credit card. \ \ So there are a few incentives right there. 30-day interest free loan, consumer fraud protection, and cash back. \ \ If you don't pay via a stable coin, you're creating a taxable event that we're supposed to track. There's no cash back. There's no free loan period. \ \ I've got to wait for my funds to settle before being able to spend crypto-- e.g. transfer fiat from bank to exchange, wait for it to settle, then can spend crypto at retail. \ \ For better widespread adoption of spending crypto at retail, the consumers are going to need incentives. Discounts, better tax laws so we can spend non-stable coins and not have to worry about tracking cost basis, something... \ \ Right now, comparing the two, it seems like too much of a hassle to spend crypto at retail and there's more incentives to use credit cards.

There are several ways to think about and resolve your question.

Firstly, widespread consumer retail adoption. You are correct to infer that Flexa/Amp utility via widespread consumer/merchant transacting will not be meaningful until regulation normalizes the phenomenon. In this sense it is a medium term hodl (and a buying opportunity nonetheless) because governments generally move slower than tech.

However, secondly, there are a growing number of crypto rich who truly no longer trust dealing with fiat in any kind of way. This is a fact, insofar as religion is a real powerful phenomenon in this world. This new wealth is essentially stuck or perhaps more accurately sheltering in crypto. Fiat is already toxic if not dead to them. And so Flexa/Amp becomes the solution, regardless of incentive.

Thirdly, the incentives as designed by Flexa were from the beginning always intended for the merchants, not the consumer. Hence the low txn fees, relative and in contrast to the ridiculous charges by Visa and co. Already we are seeing the consequences of this disparity, as both the US Department of Justice as well as Amazon itself essentially cancel if not threaten to cancel legacy networks now that cheaper/better options are emerging. Still, for the consumer, the incentives will of course trickle down, as lower fees to merchants should improve prices/service etc. to promote that cheaper txn avenue to consumers. In other words, merchants (and hard to fathom currently but not illogical to speculate that the government itself) will be the ones incentivizing crypto spending to consumers — because they would prefer paying less in fees, and the gov would enjoy seeing the pickup in economic growth as a result of this alleviation.

Fourthly, and this one is a little more speculative if not outright controversial, but inflation. Loss of faith in fiat is something that historically has happened relatively quickly — in some cases even overnight. There are a growing number of both legacy as well as crypto pundits who fear/believe fiat is nearing its end. The Fed and central banks the world over for nearly half a century now but increasingly so more recently have distorted the markets and economies to the point of zombiefication. Some think fiat has been dead for a while now and the illusion is nearing its last, dissipating visage. What will the people immediately turn to when the smoke finally clears? Some think crypto, with its value agnostically and impregnably tethered to decentralized code, not a mortal/aging government with all its inherent foibles.

In any case, and lastly, Flexa/Amp’s use case extends beyond “consumer/merchant” adoption. An example of this exists today, with BancoAgricola in El Salvador, where at least a million people currently have the ability to and do pay off their credit card bills and bank loans with bitcoin, all thanks to Flexa and Amp serving as collateral for those txns. So while not directly related to your original question, it’s important to note that Flexa and more so Amp is by no means limited to simple retail purchases but so much more.


Free £10 of Bitcoin from Luno - No Deposit or purchase necessary - UK only

Free £10 of Bitcoin from Luno - No Deposit or purchase necessary - UK only

I am a member of Bitcoin Pioneers; a group who work in association with Luno to support Bitcoin adoption and education in the UK. My Bitcoin Pioneers’ referral code BPKSteele10 will give you £10 of Bitcoin when you sign up to Luno (UK and 18+ only). You don’t need to deposit any money or buy any crypto to get your free £10 of Bitcoin when you use my code.

Luno is an established crypto exchange, founded in 2013 and HQ in London. Luno’s app is used by over 9 million people in 40 countries. I think Luno’s app is really easy to use and ideal for beginners. I signed up in February and Luno has become the crypto exchange I use most due to the low trading fees. https://www.luno.com/en/features

It is free to deposit and withdraw GBP using a regular UK bank transfer. Fees for buying and selling crypto are very low - using Luno's Exchange there is no maker fee (limit order) and only 0.1% taker fee (market order). To access the Exchange tap ‘Home’, tap the three dots (top right) and select “Exchange”.

This Bitcoin Pioneers offer also gives you free access to the next "Introduction to Bitcoin" webinar event that gives you all the basics about what Bitcoin is, why Bitcoin is so important and what might happen next - you can ask any questions you have to the presenter (Bitcoin analyst Jason Deane) at the end, just select yes to marketing when you sign up (you can change that setting any time). The next event is on 15th December at 6pm.

Steps:

  1. Download Luno’s app or tap https://www.luno.com/signup, enter your email address and password then select “Sign up”.

  2. Verify your account before you enter my code - go to ‘profile’, ‘settings’ and ‘verification’ to upload photo ID e.g. passport / driving licence and a selfie. Sign up and verification usually take a few minutes.

  3. Tap the ‘Rewards’ tab, select ‘Enter a Code’ and type in BPKSteele10 - your £10 worth of Bitcoin will be credited instantly.

If you want to you can create a savings wallet on Luno and put your Bitcoin into your savings wallet and you will earn approx 4% interest per annum.

Feel free to share my code with others, my code doesn’t expire and anyone can use to get £10 of Bitcoin.


Here are several ways to think about and resolve the “spending crypto” problem

What are the incentives to spending crypto at merchants? \ \ I want to support the Flexa network, and be able to say I'd spent crypto at retail, but it's going to be a stretch to see the average consumer adopting anytime soon. \ \ Right now most people use credit cards, which is a 30-day interest free loan w/ fraud protection on the consumer side. You can typically get 1 to 3% cash back when using a credit card. \ \ So there are a few incentives right there. 30-day interest free loan, consumer fraud protection, and cash back. \ \ If you don't pay via a stable coin, you're creating a taxable event that we're supposed to track. There's no cash back. There's no free loan period. \ \ I've got to wait for my funds to settle before being able to spend crypto-- e.g. transfer fiat from bank to exchange, wait for it to settle, then can spend crypto at retail. \ \ For better widespread adoption of spending crypto at retail, the consumers are going to need incentives. Discounts, better tax laws so we can spend non-stable coins and not have to worry about tracking cost basis, something... \ \ Right now, comparing the two, it seems like too much of a hassle to spend crypto at retail and there's more incentives to use credit cards.

There are several ways to think about and resolve your question.

Firstly, widespread consumer retail adoption. You are correct to infer that Flexa/Amp utility via widespread consumer/merchant transacting will not be meaningful until regulation normalizes the phenomenon. In this sense it is a medium term hodl (and a buying opportunity nonetheless) because governments generally move slower than tech.

However, secondly, there are a growing number of crypto rich who truly no longer trust dealing with fiat in any kind of way. This is a fact, insofar as religion is a real powerful phenomenon in this world. This new wealth is essentially stuck or perhaps more accurately sheltering in crypto. Fiat is already toxic if not dead to them. And so Flexa/Amp becomes the solution, regardless of incentive.

Thirdly, the incentives as designed by Flexa were from the beginning always intended for the merchants, not the consumer. Hence the low txn fees, relative and in contrast to the ridiculous charges by Visa and co. Already we are seeing the consequences of this disparity, as both the US Department of Justice as well as Amazon itself essentially cancel if not threaten to cancel legacy networks now that cheaper/better options are emerging. Still, for the consumer, the incentives will of course trickle down, as lower fees to merchants should improve prices/service etc. to promote that cheaper txn avenue to consumers. In other words, merchants (and hard to fathom currently but not illogical to speculate that the government itself) will be the ones incentivizing crypto spending to consumers — because they would prefer paying less in fees, and the gov would enjoy seeing the pickup in economic growth as a result of this alleviation.

Fourthly, and this one is a little more speculative if not outright controversial, but inflation. Loss of faith in fiat is something that historically has happened relatively quickly — in some cases even overnight. There are a growing number of both legacy as well as crypto pundits who fear/believe fiat is nearing its end. The Fed and central banks the world over for nearly half a century now but increasingly so more recently have distorted the markets and economies to the point of zombiefication. Some think fiat has been dead for a while now and the illusion is nearing its last, dissipating visage. What will the people immediately turn to when the smoke finally clears? Some think crypto, with its value agnostically and impregnably tethered to decentralized code, not a mortal/aging government with all its inherent foibles.

In any case, and lastly, Flexa/Amp’s use case extends beyond “consumer/merchant” adoption. An example of this exists today, with BancoAgricola in El Salvador, where at least a million people currently have the ability to and do pay off their credit card bills and bank loans with bitcoin, all thanks to Flexa and Amp serving as collateral for those txns. So while not directly related to your original question, it’s important to note that Flexa and more so Amp is by no means limited to simple retail purchases but so much more.


Free £10 of Bitcoin from Luno - No Deposit or purchase necessary - UK only

Free £10 of Bitcoin from Luno - No Deposit or purchase necessary - UK only

I am a member of Bitcoin Pioneers; a group who work in association with Luno to support Bitcoin adoption and education in the UK. My Bitcoin Pioneers’ referral code BPKSteele10 will give you £10 of Bitcoin when you sign up to Luno (UK and 18+ only). You don’t need to deposit any money or buy any crypto to get your free £10 of Bitcoin when you use my code.

Luno is an established crypto exchange, founded in 2013 and HQ in London. Luno’s app is used by over 9 million people in 40 countries. Luno’s app is really easy to use and ideal for beginners. I signed up in February and Luno has become the crypto exchange I use most due to the low trading fees. https://www.luno.com/en/features

It is free to deposit and withdraw GBP using a regular UK bank transfer. Fees for buying and selling crypto are very low - using Luno's Exchange there is no maker fee (limit order) and only 0.1% taker fee (market order). To access the Exchange tap ‘Home’, tap the three dots (top right) and select “Exchange". The minimum buy and sell on Luno is 0.0005 of Bitcoin so at the current price you can buy or sell a minimum of £23 of Bitcoin.

This Bitcoin Pioneers offer also gives you free access to the next "Introduction to Bitcoin" webinar, a top-rated, non-technical live event that gives you all the basics about what Bitcoin is, why Bitcoin is so important and what might happen next - you can ask any questions if you want to the presenter (Bitcoin analyst Jason Deane) at the end. Ideal for total beginners and beyond. The next event is on 15th December at 6pm and you can register here: https://us02web.zoom.us/webinar/register/WN_C9v3M2MzQGWpxChyy8_wNg

Steps:

  1. Download Luno’s app or tap https://www.luno.com/signup, enter your email address and password then select “Sign up”.

  2. Verify your account before you enter my code - go to ‘profile’, ‘settings’ and ‘verification’ to upload photo ID e.g. passport / driving licence and a selfie. Sign up and verification usually take a few minutes.

  3. Tap the ‘Rewards’ tab, select ‘Enter a Code’ and type in BPKSteele10 - your £10 worth of Bitcoin will be credited instantly.

If you want to you can create a savings wallet on Luno and put your Bitcoin into your savings wallet and you will earn approx 4% interest per annum.

Feel free to share my code with others, my code doesn’t expire and anyone can use to get £10 of Bitcoin.


Free £10 of Bitcoin from Luno - No Deposit or purchase necessary - UK only

Free £10 of Bitcoin from Luno - No Deposit or purchase necessary - UK only

I am a member of Bitcoin Pioneers; a group who work in association with Luno to support Bitcoin adoption and education in the UK. My Bitcoin Pioneers’ referral code BPKSteele10 will give you £10 of Bitcoin when you sign up to Luno (UK and 18+ only). You don’t need to deposit any money or buy any crypto to get your free £10 of Bitcoin when you use my code.

Luno is an established crypto exchange, founded in 2013 and HQ in London. Luno’s app is used by over 9 million people in 40 countries. Luno’s app is really easy to use and ideal for beginners. I signed up in February and Luno has become the crypto exchange I use most due to the low trading fees. https://www.luno.com/en/features

It is free to deposit and withdraw GBP using a regular UK bank transfer. Fees for buying and selling crypto are very low - using Luno's Exchange there is no maker fee (limit order) and only 0.1% taker fee (market order). To access the Exchange tap ‘Home’, tap the three dots (top right) and select “Exchange". The minimum buy and sell on Luno is 0.0005 of Bitcoin so at the current price you can buy or sell a minimum of £23 of Bitcoin.

This Bitcoin Pioneers offer also gives you free access to the next "Introduction to Bitcoin" webinar, a top-rated, non-technical live event that gives you all the basics about what Bitcoin is, why Bitcoin is so important and what might happen next - you can ask any questions if you want to the presenter (Bitcoin analyst Jason Deane) at the end. Ideal for total beginners and beyond. The next event is on 15th December at 6pm and you can register here: https://us02web.zoom.us/webinar/register/WN_C9v3M2MzQGWpxChyy8_wNg

Steps:

  1. Download Luno’s app or tap https://www.luno.com/signup, enter your email address and password then select “Sign up”.

  2. Verify your account before you enter my code - go to ‘profile’, ‘settings’ and ‘verification’ to upload photo ID e.g. passport / driving licence and a selfie. Sign up and verification usually take a few minutes.

  3. Tap the ‘Rewards’ tab, select ‘Enter a Code’ and type in BPKSteele10 - your £10 worth of Bitcoin will be credited instantly.

If you want to you can create a savings wallet on Luno and put your Bitcoin into your savings wallet and you will earn approx 4% interest per annum.

Feel free to share my code with others, my code doesn’t expire and anyone can use to get £10 of Bitcoin.


Several Resources and Websites to Help DYOR

Here’s a compilation of several different websites I utilize to help DYOR. I figured it would be worthwhile to share them with everyone here to [hopefully] make things just a little bit easier when it comes to researching more about crypto. If there's any other websites that you recommend, let me know and I can include them within the list! I've posted again in case anyone has missed the initial post. I hope it helps!

TradingView:

A cloud based charting and social networking platform. You can search out several different crypto traders and see whether people are feeling more bearish or bullish as a result. You can either create your own price targets, or find out others' price targets. https://www.tradingview.com/

CoinGecko:

A website and an app that allows you to stay on top of crypto markets. You can use it to view live price changes for thousands of different cryptos, set price alerts, rate and view ratings for a coin, build lists, view trending news, etc. It also has a reward system that hasn't been fully developed yet, but could be utilized in the future for NFT's, their own crypto, etc. https://www.coingecko.com/en

CoinMarketCap:

Similar to CoinGecko, allows you to stay up to date on crypto markets. Also allows you to see thousands of cryptocurrencies, with the capability to look at brand new crypto's being released, as well as current trending crypto's as well. Has an 'earn' section which allows you to perform quizzes to end with a chance at getting airdropped crypto, as well as a rewards section which allows you to collect diamonds which will be used at a later time as well. https://coinmarketcap.com/

CoinMarketCal:

This website shows all upcoming events and future releases regarding a certain Cryptocurrency. Allows you to see what's being released by which cryptocurrency, and gives you an opportunity to buy ahead in anticipation for price increases as a result of upcoming events. https://coinmarketcal.com/en/

Blocktivity:

It's utilized as a good metric to compare coins based on their adoption. https://blocktivity.info

MultiCoinCharts:

A website that allows you to view multiple different coins at once. It's a great resource to utilize if you often watch various coins at the same time, or need to often look between different coins at a high frequency. https://www.multicoincharts.com/

Glassnode:

Allows you to unchain market indicators for Bitcoin and Ethereum. You’ll be able to see stats like exchange info volume for them. https://glassnode.com/

Fear and Greed:

Allows you to take a look at the crypto fear and greed index to have an idea how the people are feeling in general about crypto right now, and historical values over the past months as well. Good way to gauge buying and selling opportunities. https://alternative.me/crypto/fear-and-greed-index/

CryptoQuant:

Allows you to view the amount of bitcoin being transferred to and from exchange wallets to understand investors' behaviors. Allows you to better understand what people are currently doing within the markets. https://cryptoquant.com/overview/btc-exchange-flows

Alt Season Index:

This website is used as an indicator to see how the altcoins are performing in comparison to Bitcoin. It has a generalized score rating to determine whether we are in Altcoin season (over 75 being Altcoin season), or Bitcoin season (under 25 being Bitcoin season). We are currently sitting at 55 right now. https://www.blockchaincenter.net/altcoin-season-index/

CoinDance:

A site more comprised of data that allows you to see the numbers for things such as hash rates, fees, mining breakdowns, network nodes and more. Further, you can view statistics based on country to determine how adoption is going based on their trends and news. https://coin.dance/

-TheCoinPerspective:

Allows you to view certain things such as current market caps, speculative market caps, total supplies and maximum supplies to allow you to see how coins could progress or regress. https://thecoinperspective.com/

CryptoPro:

Tracks cryptocurrency prices, manage your portfolio, set price alerts, and read latest news with crypto portfolio tracker. Can be utilized as an app through the phone too. https://cryptopro.app/

Messari:

Provides reliable data and market intelligence with professional grade data, tools, and research.

https://messari.io/


Free £10 of Bitcoin from Luno - No Deposit or purchase necessary - UK only

Free £10 of Bitcoin from Luno - No Deposit or purchase necessary - UK only

I am a member of Bitcoin Pioneers; a group who work in association with Luno to support Bitcoin adoption and education in the UK. My Bitcoin Pioneers’ referral code BPKSteele10 will give you £10 of Bitcoin when you sign up to Luno (UK and 18+ only). You don’t need to deposit any money or buy any crypto to get your free £10 of Bitcoin when you use my code.

Luno is an established crypto exchange, founded in 2013 and HQ in London. Luno’s app is used by over 9 million people in 40 countries. Luno’s app is really easy to use and ideal for beginners. I signed up in February and Luno has become the crypto exchange I use most due to the low trading fees. https://www.luno.com/en/features

It is free to deposit and withdraw GBP using a regular UK bank transfer. Fees for buying and selling crypto are very low - using Luno's Exchange there is no maker fee (limit order) and only 0.1% taker fee (market order). To access the Exchange tap ‘Home’, tap the three dots (top right) and select “Exchange". The minimum buy and sell on Luno is 0.0005 of Bitcoin so at the current price you can buy or sell a minimum of £23 of Bitcoin.

This Bitcoin Pioneers offer also gives you free access to the next "Introduction to Bitcoin" webinar, a top-rated, non-technical live event that gives you all the basics about what Bitcoin is, why Bitcoin is so important and what might happen next - you can ask any questions if you want to the presenter (Bitcoin analyst Jason Deane) at the end. Ideal for total beginners and beyond. The next event is on 15th December at 6pm and you can register here: https://us02web.zoom.us/webinar/register/WN_C9v3M2MzQGWpxChyy8_wNg

Steps:

  1. Download Luno’s app or tap https://www.luno.com/signup, enter your email address and password then select “Sign up”.

  2. Verify your account before you enter my code - go to ‘profile’, ‘settings’ and ‘verification’ to upload photo ID e.g. passport / driving licence and a selfie. Sign up and verification usually take a few minutes.

  3. Tap the ‘Rewards’ tab, select ‘Enter a Code’ and type in BPKSteele10 - your £10 worth of Bitcoin will be credited instantly.

If you want to you can create a savings wallet on Luno and put your Bitcoin into your savings wallet and you will earn approx 4% interest per annum.

Feel free to share my code with others, my code doesn’t expire and anyone can use to get £10 of Bitcoin.


My TA for the next three weeks.

https://preview.redd.it/6ghr45h2x4281.png?width=2630&format=png&auto=webp&s=8f1a68ad75bb1b6402f4c093463256f6ced156ab

Without huge volume, we won't be able to breakout and that's okay since we just broke out a few weeks ago. We need around x5-6 volume of what we're currently doing in the last few days to go parabolic.

The market is consolidating right now after getting rejected four times at around $3.6 price. But IMO that's actually good since we get to see the bigger trend line (see white line in the picture) forming and the market respecting it. Longer consolidation means bigger parabolic movement. (Ideally longer means weeks or months but we have a nice trend line going) .

I don't expect any big price movements prior to the announcement because our chart looks boring right now (except until Dec 3-6). So most traders will ignore us until that date where they're going to take long positions, the bots will follow and then the FOMO, all three fueling the breakout movement.

Sorry for my bad english, also feel free to correct my assumptions. I'm open to learning new things every day. Thank you!

Edit: This is just pure Technical analysis, fundamental analysis can still be a huge factor that might ruin this chart (explosive events, news, bitcoin dumping - tho it dumped twice but still respected our white trend line).


Bitcoin Latinum Takes Over Miami with NFT Events During Art Basel

https://www.globenewswire.com/news-release/2021/11/27/2341672/0/en/Bitcoin-Latinum-Takes-Over-Miami-with-NFT-Events-During-Art-Basel.html

Sat Nov 27 22:32:23 2021

NYSE:GME / 43

Brother…. Just look at the ticker first of all. Then use some math to determine if it’s even remotely possible for a conservative 100%+ short interest to be covered. Next look at any of the legitimate DD behind it Look at how the public sentiment toward GME goes. And the way the media turns away from covering it. Then ask yourself howww greedy is Wall Street. How much corruption goes on there. It’s not Q anon. There is legit due diligence behind the belief that these hedge funds never covered. They maid a fucking paid Twitter promotion just to tell people that they covered. I don’t have the brain power to type out all of this stuff. But I promise you Wall Street is 100x more greedy than you could imagine.

NYSE:GME DATE : Fri Nov 26 20:43:48 2021 SUBREDDIT : Daytrading

Are we talking about the delinquent OTC Sears Canada ticker or GME here? Do you understand why people call you guys the qanon of the stock world?

NYSE:GME DATE : Fri Nov 26 20:55:06 2021 SUBREDDIT : Daytrading

Long story. Basically decided to join this subreddit and the Robinhood Penny sub after getting shrekt by GME and friends in January. It was fun for all of 2 weeks until the words “bond” and “inflation” were uttered. The ensuing 2-3 months had me floundering to figure out pennies in This new environment while also trying to get a more conventional portfolio I started out of the red. Eventually I got one penny play right to get my long portfolio out of the red but by that point i found myself day trading around stocks way less and investing in them more conventionally while shifting my more speculative desire to digital money. I haven’t felt like leaving these subs straight up but at the same time I have greatly shifted my investing outlook. Do still stick around in the hopes of being able to catch the next SPRT which I tragically missed but it’s tough when that’s a 1 for 5000 stock. Ultimately boring blue chips just seem to better for keeping your sanity.

NYSE:GME DATE : Fri Nov 26 21:38:58 2021 SUBREDDIT : pennystocks

So GME go BRrrrrr

NYSE:GME DATE : Sat Nov 27 02:01:02 2021 SUBREDDIT : StockMarket

GME is gonna moon. Did you guys see sears up 100% again. The fuckery never ends.

NYSE:GME DATE : Sat Nov 27 03:29:58 2021 SUBREDDIT : StockMarket

The crash is nigh,drop your dough into GME or hold til the crash

NYSE:GME DATE : Sat Nov 27 09:52:21 2021 SUBREDDIT : StockMarket

Wtf do you have? I also started after the GME but I was up 15% before yesterday. If all your gains are gone after 2% drop just buy voo dude

NYSE:GME DATE : Sat Nov 27 10:58:34 2021 SUBREDDIT : stocks

GME is launching a gas free NFT platform soon. Pretty sure this will mean you can buy and trade games digitally for super cheap. That’s not to mention collecting digital collectibles and in game Easter eggs. Pretty exciting to see where it goes

NYSE:GME DATE : Sat Nov 27 09:51:10 2021 SUBREDDIT : stocks

NVDA, GOOGL, MRK, V, and GME. Google has been a bit of a falling knife for me this week, but it'll travel past 3k. I wish NVDA would go down more, I'd like to keep my basis around $300

NYSE:GME DATE : Fri Nov 26 17:16:29 2021 SUBREDDIT : stocks

GME yet again proves that is a day/swingtrading stock by pissing away its gains and allowing traders a quick 20% gain before exiting while long holders get absolutely nothing.

NYSE:GME DATE : Fri Nov 26 13:38:57 2021 SUBREDDIT : stocks

all I know is GME reaches -20 beta which makes it a good hedge for a market crash. People in GME subs have posted bloom berg terminals of betas.

NYSE:GME DATE : Fri Nov 26 14:36:40 2021 SUBREDDIT : stocks

>You all still call GME a "meme stock" even though none of you can disprove any of the DD presented. The DD has disproven itself over and over and over and over again for the last 10 months lmao NONE of your predictions ever come true. Y'all are crazy delusional

NYSE:GME DATE : Fri Nov 26 13:40:28 2021 SUBREDDIT : stocks

#Ban Bet Lost /u/BlitzComet95 (0/1) made a bet that GME would go to 150.0 when it was 213.72 and it did not, so they were banned for a week.

NYSE:GME DATE : Fri Nov 26 21:18:21 2021 SUBREDDIT : wallstreetbets

True... Although I would love to see Citadel post their GME loss porn here. Imagine them coming in showing millions of dollar losses on their shorts. They'd have instant karma.

NYSE:GME DATE : Sat Nov 27 01:50:40 2021 SUBREDDIT : wallstreetbets

GME sits at $200 for the opening so just fine

NYSE:GME DATE : Fri Nov 26 21:44:45 2021 SUBREDDIT : wallstreetbets

I have conviction that Evergrande is just the beginning. Hedge with GME and go cash otherwise. By end of Jan SPY will touch 420 again.

NYSE:GME DATE : Fri Nov 26 18:51:55 2021 SUBREDDIT : wallstreetbets

hege with GME... LOL that might actually be a good idea

NYSE:GME DATE : Fri Nov 26 19:05:59 2021 SUBREDDIT : wallstreetbets

That GME negative beta has a way of showing itself in times of darkness. ๐Ÿ‘€

NYSE:GME DATE : Sat Nov 27 05:11:22 2021 SUBREDDIT : wallstreetbets

Hedging against market pullback by holding almost nothing but GME worked well for me last March

NYSE:GME DATE : Fri Nov 26 22:29:23 2021 SUBREDDIT : wallstreetbets

Haha yes, early March 2021, when GME went from like $45 to $270 after it first went parabolic then dropped way back down and while the broader market dipped. Not March 2020. That was more than what I would call a pullback. Goddamn making my stoned ass double check charts and question what year it is!

NYSE:GME DATE : Sat Nov 27 05:33:21 2021 SUBREDDIT : wallstreetbets

Before GME & WSB happened in my life, I used to invest only in gold and some cheap real estate. This hurts me as I am not boomer lol ๐Ÿ˜‚

NYSE:GME DATE : Fri Nov 26 13:11:54 2021 SUBREDDIT : wallstreetbets

I don't get it. How is gold worse than bitcoin, than GME, than Tesla, than Wish for god's sake. Is it not "cool" or something

NYSE:GME DATE : Fri Nov 26 20:49:14 2021 SUBREDDIT : wallstreetbets

real estate. crypto. junk bonds. GME.

NYSE:GME DATE : Sat Nov 27 06:08:24 2021 SUBREDDIT : wallstreetbets

GME as a hedge against falling market? LOL. How high are you?

NYSE:GME DATE : Fri Nov 26 11:56:32 2021 SUBREDDIT : wallstreetbets

GME a hedge against falling markets! ๐Ÿ˜‚ Heard this BS so many times, and it is totally false. GME ALWAYS drops the hardest, on red market days. I’m long GME, TSLA, AMZN and MSFT.

NYSE:GME DATE : Fri Nov 26 12:57:37 2021 SUBREDDIT : wallstreetbets

Closed out my GME short today, $240 cost basis, covered at $206. Can't complain.

NYSE:GME DATE : Fri Nov 26 18:31:33 2021 SUBREDDIT : wallstreetbets

>1. GME, AMC, and other meme stocks have a negative beta and therefore serve as a hedge against falling markets I think it's a spurious correlation. There's no reason to believe it will remain that way. > These stocks remain heavily shorted, and therefore, funds that are stuck in egregious short positions have to buy to cover to get out, and potentially very quickly Potentially, but maybe they can rest easier after today. > B.1.1.529 'horrific' killer virus strain could induce this market catalyst (as unfortunate as that is to say that it came to this in order to have free and fair markets). Thoughts? It will catalyse events one way or the other, but I don't see why it would make your predictions the ones to come true.

NYSE:GME DATE : Fri Nov 26 12:41:46 2021 SUBREDDIT : wallstreetbets

The January sneeze proved that collateral requirements mean nothing to the nscc. They are self-regulated/administered and they can use discretion as they see fit; I highly doubt collateral requirements cause moass. (GME) 1. I recall something about the negative beta being heavily skewed by the sneeze and not really being all that important of an indicator in this case 2. True. GME’s confirmed short-interest is a once in a lifetime chance for retail 3. They might use it as a story but the casino is derivative based and criminals are at the helm so its gonna be boom bust cycles. Not to say covid hasn’t done massive dmg to the global economy, i think globally it was ~7% contraction in 2020. With a confirmed lessening in quantitative easing (and rising inflation) +the 5th wave it makes a great narrative for the msm DRS is the catalyst GME moon soon

NYSE:GME DATE : Fri Nov 26 13:16:26 2021 SUBREDDIT : wallstreetbets

GME and AMC aren't shorted like they used to be. Beta is reflective of past performance not future, it's subject to change. If anything it's a good idea to short them if there's a crash.

NYSE:GME DATE : Fri Nov 26 18:08:56 2021 SUBREDDIT : wallstreetbets

Why does every fucking event in the world need to be linked with GME and AMC? Stop fucking thinking you’ll get another “squeeze” and get that retarded shit off of here. I hope GME and AMC crash so hard they become under 1B$ market cap so the sub rules will prohibit discussion about these pieces of garbage

NYSE:GME DATE : Fri Nov 26 18:13:03 2021 SUBREDDIT : wallstreetbets

AMC and GME are down just enough for people to lose money, shorts to make money, but not increase any margin requirements. Both down less then 5%….that’s not going to do anything.

NYSE:GME DATE : Fri Nov 26 15:16:03 2021 SUBREDDIT : wallstreetbets

Only way GME will finish green tommrow is if it was listed as a crypto. Markets closed on Saturdays

NYSE:GME DATE : Fri Nov 26 13:06:07 2021 SUBREDDIT : wallstreetbets

>1 GME, AMC, and other meme stocks have a negative beta and therefore serve as a hedge against falling markets They don't and aren't >2 These stocks remain heavily shorted, and therefore, funds that are stuck in egregious short positions have to buy to cover to get out, and potentially very quickly They aren't and won't.

NYSE:GME DATE : Fri Nov 26 18:29:34 2021 SUBREDDIT : wallstreetbets

And only GME and AMC are manipulated. Ducking makes me laugh.

NYSE:GME DATE : Fri Nov 26 17:47:57 2021 SUBREDDIT : wallstreetbets

Long time gamer here and what I've noticed across a ton of other gaming subreddits is that the GME shareholders are really pushing for people to buy from Gamestop. It has insane community support compared to this time last year when Gamestop was known for the shit company that'd rip you off on trade ins. I've always bought hardware from Amazon (I even have the prime card) and even I'm buying from Gamestop to help support a company I own. Their store and marketing has changed a lot in this past year. They have the best Switch game deals of any store this year. I wouldn't be surprised if they're selling some products at cost or loss to get people in the door. Not trying to shill it, just give perspective. Even though I own the stock I find the constant shilling cringe. That said, it may be an indicator of stronger sales and support.

NYSE:GME DATE : Fri Nov 26 19:36:52 2021 SUBREDDIT : wallstreetbets

Sigh. I’m deep in GME but there is an astounding lack of brains involved in this play… but they are all needed

NYSE:GME DATE : Fri Nov 26 18:43:13 2021 SUBREDDIT : wallstreetbets

Our little tart held up pretty nice… there have been the technical spikes in GME and others of the basket, looks like BaBerry wants its bass solo!

NYSE:GME DATE : Fri Nov 26 19:45:06 2021 SUBREDDIT : wallstreetbets

Im already down 60%+ on everything except GME, whats a few more percentagw points

NYSE:GME DATE : Fri Nov 26 12:07:29 2021 SUBREDDIT : wallstreetbets

That's actually pretty interesting, actually. I wonder if GME might take a hit this year. Between chip shortages and console scalpers there might be low incentive to buy as many games for Christmas.

NYSE:GME DATE : Sat Nov 27 02:07:36 2021 SUBREDDIT : wallstreetbets

#Ban Bet Lost /u/AintNoLayUps (0/2) made a bet that GME would go to 320.0 when it was 203.5 and it did not, so they were banned for a week.

NYSE:GME DATE : Fri Nov 26 14:59:41 2021 SUBREDDIT : wallstreetbets

Wait I was told GME had negative beta. What's going on?

NYSE:GME DATE : Fri Nov 26 14:56:48 2021 SUBREDDIT : wallstreetbets

Too many words to read. Should I buy more GME?

NYSE:GME DATE : Fri Nov 26 21:23:46 2021 SUBREDDIT : wallstreetbets

aren't GME calls like 1500?

NYSE:GME DATE : Fri Nov 26 11:36:07 2021 SUBREDDIT : wallstreetbets

NYSE:AMC / 31

Because they are Qanon. Even the most basic things are entirely ridiculous. “Omg media doesn’t cover us on up days” Goes to google, types in gme, hits the News tab, and there are tons of articles about it going up. Point that out to an ape and they just ghost you. They pretend to be some big brain den of knowledge when, truth is, a few people write DD (that’s perpetually wrong, btw. Remember the vote count?) and they just read it and pretend like that makes them a contributor to the wealth of “knowledge” that sub has to offer. And I’m not saying it’s all nonsense, because some is just DD on generic market mechanics… but the idea that these people believe they’ll make $60,000,000 a share when the government lets the Fed print us into destruction is pure delusion. It’s even funnier when you realize AMC and the Trump SPAC people believe literally the same fortune will land in their laps too.

NYSE:AMC DATE : Fri Nov 26 21:06:28 2021 SUBREDDIT : Daytrading

A TTM Squeeze is different from the short squeezes like AMC. It’s more a measure of volatility and it can squeeze up or down. John Carter developed it and explains how to use it in his book “Mastering the Trade”. It made a huge difference in my trading!

NYSE:AMC DATE : Fri Nov 26 19:17:26 2021 SUBREDDIT : Daytrading

Most of my share were bought at $28. But yes, not my best investment. I’ve held COKE for 10 and it is up close to 800%, bought it accidentally instead of KO. I’ve had other shorter term holds (did well on on AMC this year), but I tend to sell those ones when they have increased a lot to not lose out on the gains.

NYSE:AMC DATE : Fri Nov 26 21:31:25 2021 SUBREDDIT : stocks

The omicron variant will specifically target everyone who isn’t physically standing inside an AMC theater or GameStop at all times. Stay safe!

NYSE:AMC DATE : Fri Nov 26 23:08:25 2021 SUBREDDIT : wallstreetbets

>1. GME, AMC, and other meme stocks have a negative beta and therefore serve as a hedge against falling markets I think it's a spurious correlation. There's no reason to believe it will remain that way. > These stocks remain heavily shorted, and therefore, funds that are stuck in egregious short positions have to buy to cover to get out, and potentially very quickly Potentially, but maybe they can rest easier after today. > B.1.1.529 'horrific' killer virus strain could induce this market catalyst (as unfortunate as that is to say that it came to this in order to have free and fair markets). Thoughts? It will catalyse events one way or the other, but I don't see why it would make your predictions the ones to come true.

NYSE:AMC DATE : Fri Nov 26 12:41:46 2021 SUBREDDIT : wallstreetbets

GME and AMC aren't shorted like they used to be. Beta is reflective of past performance not future, it's subject to change. If anything it's a good idea to short them if there's a crash.

NYSE:AMC DATE : Fri Nov 26 18:08:56 2021 SUBREDDIT : wallstreetbets

Why does every fucking event in the world need to be linked with GME and AMC? Stop fucking thinking you’ll get another “squeeze” and get that retarded shit off of here. I hope GME and AMC crash so hard they become under 1B$ market cap so the sub rules will prohibit discussion about these pieces of garbage

NYSE:AMC DATE : Fri Nov 26 18:13:03 2021 SUBREDDIT : wallstreetbets

AMC and GME are down just enough for people to lose money, shorts to make money, but not increase any margin requirements. Both down less then 5%….that’s not going to do anything.

NYSE:AMC DATE : Fri Nov 26 15:16:03 2021 SUBREDDIT : wallstreetbets

My AMC naked short calls expiring OTM. Thanks y’all for the laughs.

NYSE:AMC DATE : Fri Nov 26 17:59:53 2021 SUBREDDIT : wallstreetbets

>1 GME, AMC, and other meme stocks have a negative beta and therefore serve as a hedge against falling markets They don't and aren't >2 These stocks remain heavily shorted, and therefore, funds that are stuck in egregious short positions have to buy to cover to get out, and potentially very quickly They aren't and won't.

NYSE:AMC DATE : Fri Nov 26 18:29:34 2021 SUBREDDIT : wallstreetbets

s/just like/worse than/ Every hedge fund that has been making money going long or selling vol on meme stocks is going to bail as soon as times get tough. You don’t sell your AMZN to hold AMC during a market crash. You can’t explain that in your annual investor letter. Retail is just along for the ride.

NYSE:AMC DATE : Fri Nov 26 16:01:49 2021 SUBREDDIT : wallstreetbets

“Ended” is a delusional term in places like Florida. If we get a super variant I am curious how the super low vaccinated states will fair. Anyone thinking that companies like AMC will fair well in this ongoing mess is crazy.

NYSE:AMC DATE : Fri Nov 26 17:56:55 2021 SUBREDDIT : wallstreetbets

And only GME and AMC are manipulated. Ducking makes me laugh.

NYSE:AMC DATE : Fri Nov 26 17:47:57 2021 SUBREDDIT : wallstreetbets

I tried. Looks like AMC is going red

NYSE:AMC DATE : Fri Nov 26 11:52:14 2021 SUBREDDIT : wallstreetbets

Last I looked AMC beta was positive and not listed on negative beta stock list. https://www.marketbeat.com/market-data/negative-beta-stocks/

NYSE:AMC DATE : Fri Nov 26 13:12:44 2021 SUBREDDIT : wallstreetbets

AMC people want really hard for the stock to be like GME

NYSE:AMC DATE : Fri Nov 26 17:10:17 2021 SUBREDDIT : wallstreetbets

At least the shit I'm down bigly has a chance of coming back. But AMC? op why?!

NYSE:AMC DATE : Fri Nov 26 18:44:30 2021 SUBREDDIT : wallstreetbets

The funny thing is that this was bought in July so OP fully expected AMC to hit $125 by December as if it was a logical and safe bet

NYSE:AMC DATE : Fri Nov 26 19:10:55 2021 SUBREDDIT : wallstreetbets

You’ve still got a couple weeks to post your “DD” on why GME AMC is such a great stock. Still fucked, but you can at least take some fellow retards down with you.

NYSE:AMC DATE : Fri Nov 26 23:37:51 2021 SUBREDDIT : wallstreetbets

So let me get this straight. You, fellow moron, threw $25k at the chance that AMC will move x5? But then, you wanted expert mode so you gave the $25k a short expiration date? Well done soldier, I’m shocked this was the outcome!

NYSE:AMC DATE : Fri Nov 26 22:51:08 2021 SUBREDDIT : wallstreetbets

Honestly back on July 13 this was a very feasible play. We all thought AMC would’ve squeezed by 12/17. I to lost a lot on options, now I buy stock on dips and hold and only buy barley out of the money and give it at least a couple months to hit

NYSE:AMC DATE : Sat Nov 27 01:53:25 2021 SUBREDDIT : wallstreetbets

I was wondering who I was selling those to. Have sold several Dec 17 125C to 145C prior to AMC's earnings and sleep like a baby How on earth did you pay $580 for those contracts though? God damn a honda civic worth of 300% OTM AMC calls Ironic thing is they actually moved up 3-5% today

NYSE:AMC DATE : Sat Nov 27 05:42:48 2021 SUBREDDIT : wallstreetbets

May aswell have just flushed your fucking money down the toilet lmao. AMC $125 calls, one of the most retarded plays I’ve seen

NYSE:AMC DATE : Sat Nov 27 08:02:52 2021 SUBREDDIT : wallstreetbets

This shit makes me want to sell naked leaps on AMC.

NYSE:AMC DATE : Sat Nov 27 03:40:16 2021 SUBREDDIT : wallstreetbets

> AMC is a great stock. It's up bigly since I started recommending it in January 2017.

NYSE:AMC DATE : Fri Nov 26 18:44:41 2021 SUBREDDIT : wallstreetbets

I've sold several naked AMC calls at various strikes for the same expiration date prior to earnings to people that think it can go to $140 a share The ironic thing is they actually increased in value today I believe, 3-5%

NYSE:AMC DATE : Sat Nov 27 05:46:48 2021 SUBREDDIT : wallstreetbets

Thanks bro. AMC is going to pop off next week now

NYSE:AMC DATE : Fri Nov 26 18:16:52 2021 SUBREDDIT : wallstreetbets

His choices are to salvage $1400, or zero. There's -5 cents of daily Theta decay on contracts that are already only $0.31, and the delta is .04. Even if AMC shoots up one day soon, the shitty delta movement still won't even make up for the loss of time value within the remaining 15 trading sessions. These contracts will probably be at the $0.01 premium mark by next Friday.

NYSE:AMC DATE : Fri Nov 26 22:44:25 2021 SUBREDDIT : wallstreetbets

Nah, there's literally no point in holding these to zero. There is an absolute zero percent fucking chance AMC gets anywhere near $125 in the next 2 weeks, and they are just gonna decay straight to zero. I mean he was a fucking idiot for buying them in the first place, but it's not stupid to at least take some cash back.

NYSE:AMC DATE : Fri Nov 26 19:37:16 2021 SUBREDDIT : wallstreetbets

The panic on the AMC subreddit is great entertainment lol

NYSE:AMC DATE : Fri Nov 26 12:23:31 2021 SUBREDDIT : wallstreetbets

Lol imagine if there is a Covid lockdown, movie theatres will be fucked. Gunna be a lot of AMC bag holders who entered at $50 lmfao

NYSE:AMC DATE : Fri Nov 26 12:27:10 2021 SUBREDDIT : wallstreetbets

NYSE:CEO / 22

I dont think your math is exactly right, but I understand the gist of what you are saying, and agree. Share price going down, mkt cap went up. They did dilute a ton, and thats how that happens. Its frustrating as heck to existing shareholders. As of right now the mkt cap is about 3.15M (including an AH downtick). Its not "slimy" though. Theres this prevailing OTC mindset that any ticker that dilutes is a scam. And Ive seen people post on twitter buy this company because no dilution in 1 year! But the thing is - if a company is producing no revenue, has no assets, and is not raising capital - its stagnant /dead. Thats the scam. Dilution is an ugly way to say "raising capital" and thats what BRGO did. So thats why the mkt cap is down, but not as much as the share price. But as Ive said, they did put that capital to good use. Using it to buy 2 revenue driving subsidiaries, and this is why their revenues are growing 15x year over year. Now the bagholders dont care, and I dont blame them. But they are incorrect when they say or imply things like the company is a scam because it diluted. But I certainly get that its hard to care that the company increased their revenue 15x year over year, when you are sitting there with a sizeable loss. But it doesnt mean its a scam. So right now you have a bunch of angry stockholders dumping their shares, calling the company a scam, which is creating more dumping. And everyone is mad because the company raised money. But whats completely overlooked, is what the company did with the capital raise. They increased their revenue exponentially, and because nobody is paying attention to this and instead dumping shares under this misbelief that "all dilution = bad" ... is why Im still very bullish that the company will turn around. I do agree that dilution feels slimy because thats how you have a market cap and a share price going in opposite directions. But just because it feels slimy doesnt mean it is, and the question to determine if it is slimy is: did the company invest the capital into growth (or did the CEO buy a yacht). And BRGO did pass the test. The money went into acquisitions. That doesnt mean I disagree that its extremely frustrating to see a market cap go down less than the share price (because of dilution) or that its extremely off-putting. Theres certainly negative sentiment right now. And as Ive said, thats my long term strategy. Buy it when everyone is mad and dumping and theres negative sentiment and angry former investors dumping at a loss. Be greedy when others are fearful. Buy when theres blood in the streets (theres a few cliches that say the same thing). But thats what kind of play this is. The market cap is like half of the revenue they did first three quarters, and fourth quarter WILL be their best (Im not going to speculate to exactly what degree). Theres no way this ticker is not undervalued. But how does a stock get undervalued? Well, one way is if all the investors have been turned off and dumped in large numbers, and are now cursing the name. This certainly happened, but I do think that this sentiment (which is awful awful awful right now) misses some key context. And thats simply, yes the company diluted. Yes that sucks. But the company did do well with the money raised and bought up 2 revenue driving subsidiaries and will now have 15x-20x the revenue it did before it acquired the subsidiaries (granted it was the dilution that made that possible). Cheeers. You do make good points. Im not trying to run/hide from anything you have said. Sorry for the super long response. Have a nice weekend.

NYSE:CEO DATE : Fri Nov 26 19:24:13 2021 SUBREDDIT : pennystocks

Do your think the CEO, Tom, will serve time?

NYSE:CEO DATE : Fri Nov 26 16:28:55 2021 SUBREDDIT : stocks

I hold a lot of Disney so I feel the same way about looking for negative news. If you're interested look up their new CEO. There's some grumblings about his creative direction and die hard Disney park fans think he's a penny pincher.

NYSE:CEO DATE : Fri Nov 26 20:34:47 2021 SUBREDDIT : stocks

He's actively pissing off his creators (including Kevin Feige, the golden goose of Disney right now) and Bob Iger which are what made the brand what it is today. He's reported by insiders to be nickel and diming every single issue, which shows when you look at what happened with the ScarJo situation. There was no need for that to be as public as it was and it was handled disastrously. It's simply a situation that wouldn't have happened under Iger. He's actively taking away the control of the likes of Alan Horne and Feige and giving it to middle managers who don't know the industry because their experience is in banking, not entertainment. This has led to stupid decisions regarding Dinsey+ Premier access movies which have harmed industry relations as well. More on the PR side, he was supposed to turn up at D23 (an event that was booked months in advance), however he bailed at the last minute because of "scheduling conflicts". What scheduling conflict comes up at the last minutes that prevents you from attending what is one of the most important dates in the Disney diary? Well, according to insiders, he was afraid of being booed off stage, because of how deeply unpopular he is. Then there's slightly more minor things which are indicative of the type of leader he is compared to Chapek. Such as the fact that he hasn't turned up to a single movie Premier since he has been CEO. Chapek went to every single one because he led from the front and wanted to support his creators. You can find pictures of him beaming with smiles along with them at practically every Premier. Chapek? He has "scheduling conflicts". With regards to Shang Chi, when asked about the movie, all he said was "it's an interesting experiment" because of the fact they were releasing it with the 45 day theatrical window. That's literally all he had to say about the single biggest event film that had come out that year so far. One that had the potential to be another Black Panther level success (both commercially and culturally) if it weren't for COVID. There's a whole host of other things I could go into (like why on Earth they continue to employ Kathleen Kennedy as Head of Star Wars), however it's easier if you just look at how the Disney Parks fans view the guy (seriously look it up). He managed the parks for years and those guys absolutely loathe him, and for good reason apparently. Full disclosure as well btw, I was fully bullish on Disney earlier this year. I liked the direction the company was heading in and felt confident it was going to stick around. Everything above made me pull out in Summer.

NYSE:CEO DATE : Fri Nov 26 17:49:08 2021 SUBREDDIT : stocks

that’s not what i said.. that’s what disney CEO said in their last earning call. the subscription growth is far from their expectation, hence the drop in their price last time. and netflix had a stellar quarter. i have disney stock as well as their disney plus. they don’t have too many shoes tbh

NYSE:CEO DATE : Fri Nov 26 20:52:46 2021 SUBREDDIT : stocks

Oh, so the CEO said not many people would subscribe beyond 2 streaming services?

NYSE:CEO DATE : Sat Nov 27 01:37:36 2021 SUBREDDIT : stocks

Ah that makes sense. How realistic do you think it is to see Disney change CEOs? I know there's these petitions to fire him but surely that doesn't work right?

NYSE:CEO DATE : Sat Nov 27 00:26:48 2021 SUBREDDIT : stocks

I m in Micron for a few years now. The company is notoriously undervalued compared to its peers. I like the CEO, the balance sheet looks excelent, the analysts have a very good opinion about Micron. And recently it started to gain traction.

NYSE:CEO DATE : Fri Nov 26 12:20:01 2021 SUBREDDIT : stocks

Well back when CBS and Viacom we're sister companies under summer redstone holdings, the CBS peeps didn't enjoy the thought of being burdened with Viacom's struggling outlook. When redstone first sent a note to the CEOs to consider a merger, it was not much of a consideration on the CBS side.

NYSE:CEO DATE : Fri Nov 26 21:06:41 2021 SUBREDDIT : stocks

CEO sold shares because they’re overvalued not undervalued

NYSE:CEO DATE : Fri Nov 26 19:29:24 2021 SUBREDDIT : stocks

Retail is dying and a CEO of a retailer selling their shares indicates to me that they are in trouble and getting ready to close store locations. The only trade I would make on $BGFV is to short it.

NYSE:CEO DATE : Sat Nov 27 05:50:05 2021 SUBREDDIT : stocks

Blackrock isn't an investment bank it's an asset manger bit still a good stock nonetheless. I would recomend Citi as it's in a turnaround period as is incredibly cheap and the CEOs focus on wealth managment with Citis global position should give it a strong advantage. Citi Is also primarily a corporate and investment bank which isn't going to face any competition from fintechs and neobanks, both of these factors should set it up for better returns relative to its peers.

NYSE:CEO DATE : Sat Nov 27 02:17:38 2021 SUBREDDIT : stocks

The early data isn't promising but there's not enough of it to draw any conclusions yet. There are confirmed cases for vaccinated, unvaccinated and people that already had confirmed covid previously. A very small sample size but South Africa said the new variant cases were roughly 1 to 4 vaccinated vs unvaccinated, their overall vaccination rate is about 24% so no noteworthy difference at this point. Pfizer CEO thinks they can have a new vaccine out in 100 days if needed but honestly 100 days can be a very long time for a strained system. Not to mention that the resistance to the vaccines will grow with each additional shot required. Hopefully this strain is less severe and the newer therapies (and some older more controversial ones) are effective against it.

NYSE:CEO DATE : Sat Nov 27 00:40:19 2021 SUBREDDIT : stocks

Bought just before the crash... but I might buy more now! Once the delayed games are out, and the CEO steps down I believe it will find its way up. To answer your question I do believe is a good buy atm!

NYSE:CEO DATE : Fri Nov 26 17:26:07 2021 SUBREDDIT : stocks

I don’t think you can cast aside their internal issues atm. Lol. It’s currently up in the air of whether or not their CEO will step down as a result of the controversy. My opinion though is similar to yours, it feels like a bit of an over reaction regarding the price action.

NYSE:CEO DATE : Fri Nov 26 17:19:10 2021 SUBREDDIT : stocks

Nndm is a moneymilker lol, idk if yall been in there during nov 2020 to feb -2021, all they did was dilute shares, 1.5B$ ish. Pretty sure CEO will start diluting again once this ๐Ÿ’ฉstock sees more hype, not worth to even get in this one imo

NYSE:CEO DATE : Sat Nov 27 01:18:21 2021 SUBREDDIT : RobinHoodPennyStocks

Who bought the shares? The market? What did he do with the money? Is buying out the CEO really a punishment? What else are they doing to this guy?

NYSE:CEO DATE : Sat Nov 27 01:39:33 2021 SUBREDDIT : wallstreetbets


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We hear Fiat is bad here all the time. Do you really understand what Fiat is? If not this article is for you.

What Is Fiat Money?

Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it. The value of fiat money is derived from the relationship between supply and demand and the stability of the issuing government, rather than the worth of a commodity backing it. Most modern paper currencies are fiat currencies, including the U.S. dollar, the euro, and other major global currencies.

The term "fiat" is a Latin word that is often translated as "it shall be" or "let it be done." Thus fiat currencies only have value because the government maintains that value; there is no utility to fiat money in itself.

Fiat currency came about when governments would mint coins out of a valuable physical commodity, such as gold or silver, or print paper money that could be redeemed for a set amount of a physical commodity. Fiat, however, is inconvertible and cannot be redeemed simply because there is no underlying commodity backing it.

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The U.S. dollar is considered to be both fiat money and legal tender, accepted for private and public debts. Legal tender is basically any currency that a government declares to be legal. Many governments issue a fiat currency, then make it legal tender by setting it as the standard for debt repayment.

Earlier in U.S. history, US dollar was backed by gold (and in some cases, silver). The federal government stopped allowing citizens to exchange currency for government gold with the passage of the Emergency Banking Act of 1933. The gold standard, which backed U.S. currency with federal gold, ended completely in 1971 when the U.S. also stopped issuing gold to foreign governments in exchange for U.S. currency.

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Advantages

Fiat money serves as a good currency if it can handle the roles that a nation's economy needs of its monetary unit—storing value, providing a numerical account, and facilitating exchange. It also has excellent seigniorage, meaning it is more cost-efficient to produce than a currency directly tied to a commodity. Since fiat money is not a scarce or fixed resource like gold, central banks have much greater control over its supply, which gives them the power to manage economic variables such as credit supply, liquidity, interest rates, and money velocity

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