Wednesday, February 17, 2021

Bitcoin Backed Loans (UK)

So I wanted to open a discussion up about BBL’s, loans paid out in Fiat currency and backed in Bitcoin, allowing you to release purchasing power from your stack without actually selling.

This seems to be becoming more popular overtime as people look to avoid large capital gains tax bills from the taxable event of selling bitcoin.

We have seen many companies such as BlockFi and Celsius offer these products, however there seems to be a real lack of these products available to UK customers and virtually none that will provide funds in GBP.

Has anyone else from the UK looked into this at all? I imagine there’s many more people like me that want to diversify, put a deposit down on a home or other and don’t want to sell the stack.

What plans do UK hodlers have?


πŸ†• New Basic Attention Token $BAT, Bitcoin $BTC, Kin $KIN, General Event $CRYPTO event! 26 February 2021 Crypto&Consumer Adoption

https://twitter.com/cmcal_bot/status/1361874774125928448?s=21

Story time: FFG loss porn of -$14,000 (+bonus FFG story from 3 years ago and why Commsec makes me cry)

TLDR: https://imgur.com/a/hA83Tet Lost $14,000 on FFG today. In 2018, I made a ~95% loss on FFG with one of my first trades. FFG is a dirty bandwagoning pump and dump. Commsec also fucked me today. Commsec and FFG make me cry.

Ok degenerates, I have a fun little story for you. In 2018, I learnt about the wild swings of the share market and decided to make a punt at $800 of FFG at 8.6c seeing that it was on the way up and there was a lot of buzz around it utilizing blockchain (or something along those lines) - which was a hot topic at the time because of the initial rise of bitcoin (see a trend here?). It felt good to see it rocket to its peak of 13c shortly after, but then violently dropped as time went on. It went from about 13c to 5c in about two weeks but I decided to continue holding. "HODL" - they cried. "Time in the market beats timing in the market" they yelled. I was adamant that if I held long enough it would go back up. I was actually so demoralised by the continued drop that I stopped investing in the stock market at all until 2 years later. By Jan 2020 it had dropped to 0.7c and I sold it for around $50 at a ~95% loss because I couldn't bear to keep looking at it in my portfolio.

As I'm sure you all know FFG has gone on an absolute tear over the past week from impending news regarding another new hot thing they're getting into - BNPL. Upon seeing this, I thought this would be great opportunity to take revenge on FFG for my trauma 3 years ago - using the momentum and my new knowledge to gain a few thousand dollars with intra-day trades yesterday.

However, today was truly a fateful day. I knew that it would gap up and my plan was to trade the initial upswing for "easy" gains and sell instantly when it starts dropping.

https://imgur.com/a/hA83Tet As you can see, this did not turn out well at all.

So what happened? I made bad decisions and Commsec decided to royally fuck me. Once FFG opened to the market and I confirmed the rise, I bought at 35c. However, the order didn't confirm but was left as "pending" and seemed to be in limbo as I was neither able to cancel the order or see the shares in my account. As I was scrambling to figure out what was going on and whether the order actually succeeded or not, the price had risen a bunch so I decided to place another order at 42c. But same result - just a pending order sitting frozen there. Being distracted and confused, trying to figure out if my orders had gone through, I was unable to keep an eye on the price and it started dropping hard. It finally showed that my orders had gone through and I was holding onto 300,000 shares of FFG, but the price had dropped so much that I had no choice but to sell instantly at 33.5c, incurring a loss of $11,500. I was so emotionally clouded by this whole sequence of events that I tried to trade it again at 26c, losing $2,500 - in hindsight knowing that I should have steered clear of it after such a large dump. All in all a very sad day. I then proceeded to burn the meat pie I made for lunch as well and had to sadly scrape the burnt bits off the top. I did end up making more than half of my loss back towards the end of the day, but that's not what this story is about.

So what went wrong with Commsec? I realised that this issue has actually happened to me before, a few months ago in a similar scenario. I was trading a very high volume open and used a did not use a limit order, and my order stayed pending for about an hour. I suspect this might have to do with the time that it takes Commsec's end to process so many transactions. However, with these kinds of trades, even seconds can be the difference in gains and losses. Another user described their similar experience here: https://www.reddit.com/r/ASX_Bets/comments/lloij7/fellow_traders_please_help_with_an_issue_im/

I'm going to start looking into new brokers or platforms to use for these kind of trades in the future.

As for FFG, this time might be different, but I honestly can't see them as anything more than dirty bandwagoning pump and dumps anymore haha. I've had two very sour experiences with them now. But maybe I also shouldn't get too emotional about trades.

I hope this story has been entertaining and that maybe you've even learnt something too! Need to keep some losses showing so that we don't think it's always rainbows and sunshines here. Good luck to you all in these volatile times!


Tuesday, February 16, 2021

WEDNESDAY - Weekly World Events Discussion Day

It's time for this sub's weekly world event discussion routine. I have compiled the following list of international news titles that came in the news last week. Please feel free to discuss on any other international news in the comments, including those that haven't been listed here.

  1. 30 Taliban fighters killed in disastrous bomb-making class (Source)
  2. Bitcoin hits new record of $50,000 (Source)
  3. Mars, NestlΓ© and Hershey to face child slavery lawsuit in US (Source)
  4. Tokyo Olympics organizing committee chief (also ex-Japanese PM) has resigned from his post following allegations of him saying that women talk too much and so their speaking time in the board should be restricted (Source)
  5. Fully vaccinated people can skip Covid quarantines, CDC says (Source)

Dumb question...but where is the 2nd sun? I looked up at the sky and realized it wasn’t there?!? And other insanely sane ramblings...

Call me “insane” or whatever you may, but I’m being 100% foreal right now...

I looked up at the gray skies again today and noticed the sun 🌞 barley peeking through the white darkness, but then I noticed something else... a second light that looked just like the sun right beside it! ☀️ I am facing south with my body and looked west at “the suns.”

I thought my eyes were fu*king with me, but no...there was something there. I look at the sky every day, from the same spot and never noticed it before today.

The only problem is, the thick clouds are in the way and would not move. The clouds would only “subliminally” uncover certain spots for split seconds of time. It’s getting dark outside now, so it’s not there anymore. But I swear it looked like two suns...

I know some will probably try to be sarcastic about what is stated above and claim, “I’m looking at the sky right now and there is only one sun.” I assure you, I believe you, and also know this to be a true fact. I want to put heavy emphasis on the fact I actually seen two suns earlier.

It has been absolutely bothering me ever since, for some reason...

• Are there actually two suns, but one is “hiding”? (Not sure whose thought this is, but definitely coming from someone in the Asian region...), you know, I wonder that too... I have for months now...but who the fuck do you ask? Everyone will look at you sideways, like wtf!?

• Has there ever been 2 suns at any point in history?

• Are there currently 2, but only aware of 1 for whatever reason?

• Will there be a “2nd sun” in the future for any reason? I keep thinking of a massive “weather balloon”? 🎈 Maybe a way to get rid of the extra billions of tons of carbon/methyl we have on Earth and turning it into a “2nd hydrogen-fuzing-into-helium sun”


Idk 😐 something just “isn’t right” something feels off? I honestly know nothing about this... but inside of my “imaginary world” I wonder...

...wouldn’t the 2nd “balloon” sun, have to be the “magnetic opposite” of the original sun to fit into the whole entire “universal atom cycle” aka our universe? So, instead of the original suns Hydrogen-Fuzing Helium reaction, shouldn’t it really be the Helium-Fusing into Hydrogen counterpart?

You know...how you make a black hole πŸ•³ And then, successfully channeling the “lost energy” of this universe into the new cusp of the “new universe”? Imagine everything from the universe to life having levels and layers, like part of a single cake or even pizza πŸ•

Kinda like mining the bitcoin ⛏ except in the whole universe and creating “black-hole cave systems” of tubules/veins/roots/stem cells/wires/pluming...whatever you choose to represent the black tunnels full of light that can take you from one universe or Dimension to the next, connected to the next, and so on.

I keep getting a massive feeling of true doom...it’s like in the beginning of time, we can watch the “Different Endings” of the single movie storyline...

Some have gotten it right, but others not so much.. Right now Earth is heading into the not so much category, which includes our own personal destruction. How? Through a massive explosion πŸ’₯ caused by the 2nd falsely created ballon sun. Some might recognize this as “the Big Bang” at least where it went wrong before, before, and before...and a not so happily ever after. I assure you there is a Right way to go Left and a Left way to go right so you get the “inbtween sun” your so desperately looking for.

It’s almost like back in 2012, a black hole was created to do exactly this, once, twice, or trice, B4 it was “on the right time” “in the right place” and “around the right energy.”

Let’s get it right this time around...whatever that may mean.

It’s not like back in 2013, i seen the egg and sperm conjoin and split not from the outside-in, but the inside-in... the literal moment, it created a truly new beautiful star-lit ⭐️ universe that shines today. Now tunning in from data line DSL 66.6...

πŸŽ©πŸ°πŸ•°πŸŽ©πŸ°⌚️πŸŽ©πŸ°πŸ•°πŸŽ©πŸ°⌚️πŸŽ©πŸ°πŸ•°

The Sane Universal Insanity talking here...like wtf does that even mean? Ha! Don’t think I’m not aware of how “crazy” all this sounds. I emphasize I am also equally “not crazy.” I’m serious, even if I know the majority won’t take a single word I say sanely anyways.

So here is me talking insanely, maybe someone will understand...and if you don’t understand my below ramblings, know it was simply specific planetary events that happened in 2020...

You know what it reminds me off? When the moon stood in the way of mars, remember when the cows πŸ„ ask, “Where’s my money? To which it merely got a blank deathly stare back, and so the cow said... ”Moooove Over” and so the cow jumped right over the “Cheesy Mooon” and met up with Mars, Jupiter and Saturn. Mooo knows 🀷‍♀️

Venus watched all this happen, and realized, V was not invited to the party...Meow not? And so I remember Venus shining so brightly as if it were the “evening starlight”... notice me! Venus said.

I noticed Venus who loved to gossip about the others and told me all about “the ring of fire” I didn’t see...

Jupiter, Saturn, and Mars seemed to have quite the opposition, at one point or another, but Jupiter and Saturn made up and conjoined for a single moment. Mars and Venus was the result. They were considered the Gemini ♊️ one boiling hot πŸ₯΅and the other too cold πŸ₯Ά....that only leaves somewhere on Earth, which is where I was watching the space movie from. I wasn’t always aware I was part of an interactive quantum game, until death knocked at my door and shook me and my black cat awake on my half moon birthday of last year... 🌹πŸ₯€

πŸ˜ΈπŸ˜ΈπŸ‘πŸ™€πŸ˜ΏπŸ’€πŸ‘ŒπŸ˜Ώ☠️πŸ‘»✌️πŸ‘½πŸ˜½πŸŒ—πŸ€

My ultimate question is, what does one “do” with this type of mindset honestly? It seems to be useless in today’s world and only gets you sent into a metal institution or you constantly get told by the “hive mind” to take more meds.

Ewww...those nasty meds only making me feel artificially empty. I like being this way (openly creative) and thinking this way, even if it’s not “normal” to the majority of others.

I choose to post it here, bc I guess, hidden within the insane ramblings are technically “conspiracies” and or out of the box thinking. I figured someone might like reading it or even add something to it...answer a question or two.. Idk where else to put it...🀯


Blockchain Awareness Campaign 2/2021 BV@M

Blockchain Awareness Campaign 2/2021

Addressing Fake Halal meat cartel scandal

https://www.eventbrite.com/e/blockchain-awareness-campaign-22021-meat-cartel-scandal-tickets-141644036125

IIB Ventures the custodian of Blockchain Village@ Medini Program will conduct a Blockchain Awareness Program to address the issue of fake halal meat cartel scandal in Malaysia with the details as below:

Date: 25th February 2021 | Thursday

Time: 10am – 12pm

Platform: Microsoft Teams

BV@M Awareness Programme is designed to educate and spread awareness on the Blockchain technology and its potential to mitigate the ongoing issue. The key objective and major outcomes of the program are:

• Creation of awareness on the Blockchain Technology and its potential applications to the agri-food industry

• The program is also to raise the awareness on the development of the Blockchain Technology in Malaysia

Hosted by Jason, Bitcoin Malaysia Events (BME)

#events


71 Buildings of E Corp blew up in an episode of Mr Robot S3 E7. After that Few people are partying in an luxurious yacht and eliott finds out he is being played. Is it a reference to people dancing in Manhattan after 9/11 and was Osama played by US Government to set up chain of events?

Elliott finds out he is played by the same people he wants to take down. His revolution was bought and paid for by the same elites he hated and it happened because those elites wanted to happen. ( Philip price CEO of Evil corp knew about Eliott, but let it happen to introduce E coin a crypotcurrency)

CIA had reports of attackers and tips.

Osama bin Laden's jihad against US was successful because government and elites let it happen?

Just in MR robot it created chain of events like-

1.Before attack, origin of FSociety was put on Iranian soil.

2.71 Buildings blew up and F society took responsibility.

3.2 members of F society were framed who committed suicide and they were planning to hack flight of america.

4.In the series, Trump Won the election and went agianst Iran.

  1. China annexed Congo and people lost faith in Ecoin and thus making bitcoin more popular.

After 9/11

  1. US invades Afghanistan.

  2. Boom in gun, oil and other industries.

  3. End goal is mass surveillance and invasion of Iraq.

  4. Dick Cheney has ties with halburton oil company and then US invades Iraq.

Lots of gold, oil is looted and then hands over the government to Shia muslims. Civil war breaks out and Sunni ISIS take over Iraq.

USA sells arms and provide aid to "take over of Mosul".

A chain of events which in turn causes more deaths, but in the PROFIT and PROFITs!