whateverpedia

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whateverpedia last won the day on January 6

whateverpedia had the most liked content!

About whateverpedia

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    Male
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    Perf, Dubya A
  • Interests
    Investing, stockmarket (ASX), current events, history, movies, and funny stuff.

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  1. The new "green" boom

    Check their donor base. You can guarantee that privatised, for profit prisons are on that list. Legalising it across the board will hit their revenue stream bigly.
  2. The new "green" boom

    Today the Australian Government announced it was going to relax laws that stopped companies exporting medical cannabis products. https://www.bloomberg.com/news/articles/2018-01-04/australian-pot-stocks-soar-after-government-relaxes-export-rules The market reacted by pushing all of the stocks in my "potfolio" higher. AC8 jumped 53.66%, CPH was up 20.6%, MMJ rose 11.58% and ZLD was up a "mere" 10%. Nice.
  3. I'm getting published, Baby!

    So, when do we get our free copies. Although it looks like it might be a bit too advanced for some of the people on here*. Hopefully it has lots of pictures and not too many words. * By "some of the people, I meant me of course.
  4. This was inevitable

    I don't think it's being used by criminals for money laundering purposes, however I can see certain types of illegal transaction being facilitated by it. Remember a few years back when they shut down the Silk Road site. Most of the transactions were paid for with bitcoin (allegedly). I was reading earlier in the week how the ASX is looking into blockchain technology to speed up the purchase and sale of securities. I don't know what it's like in other parts of the world, but the ASX operates on a T+2 day turnaround. Although money comes out of my cash account to buy shares, and the shares appear in my account usually within minutes, depending on how actively traded the shares are, the actual confirmation and brokerage fees are done 2 days after the transaction. That also allows for time for the watchdog to investigate any irregularities. With blockchain this can be reduced to almost instantaneous. We'll see how it all pans out.
  5. Traditionally investors have flocked to gold in times of unrest and uncertainty. Given the turmoil in the U.S., the middle and far East, one would normally expect to see the price of gold starting to climb. This isn't happening though. Gold hasn't gone anywhere, and investors seem to flocking to bitcoin and other cryptocurrencies instead. What say others? Has gold lost it's appeal? Are cryptos the "new gold"?
  6. This was inevitable

    This does not mean the end of bitcoin and other cryptocurrencies. It just means that the appeal of cryptos to criminal elements is being eroded, if not eliminated. Anyone who didn't see this coming was living in a fool's paradise. When (not if) these laws are enacted there may well be some volatility on the downside in the short term, however it will provide some stability in the long term. Irrespective of what happens to bitcoin or other cryptos, blockchain technology is here to stay. Industries as diverse as hotels, insurance, transport and logistics, medical research and others are investigating and investing in the technology. To paraphrase the Chinese proverb, "We live in interesting times".
  7. Oh my, my, little Caleb

    And exactly what opportunities do the people of sub-Saharan Africa have "thrown at them every day"? Another Tony Robbins who will probably make a fortune selling "How To.." seminars, books and videos to gullible people. Either that or he'll end up in jail. Or both.
  8. Anyone else notice the number of threads being started/resurrected at the other place about bitcoins/cryptocurrencies? PS In the coming days I'm going to write a post about why I like blockchain technology, but aren't that enamoured by bitcoins. One for you to look forward to.
  9. Blistering Fast Free Wi Fi.

    Gee, who'd have thought that when you decrease the number of devices trying to access a limited supply of bandwidth, the bandwidth would increase on a per-device basis. Genius.
  10. "This time it's different"

    DISCLAIMER: This does not necessarily reflect the opinions of the poster, but has been posted for the sake of general interest.
  11. The new "green" boom

    Exactly Shay. In fact there are many benefits to legalisation: - A huge hit to organised crime syndicates; - A reduction in police/government corruption; - Employment opportunities; - Tax revenue for the state and federal governments (income tax, sales tax, corporate tax, etc); - Tourism from other states, countries; etc., etc.. There are so many benefits, legalisation is, to me at least, a no-brainer.
  12. Changing main phone number

    I'm no expert in this field, in fact I'd be hard pressed to qualify as a novice, but I think that by updating the number on your online site(s), after the SE's index the new number that'll be the one that people call in the future. As for offline references, is it possible for you to have calls to the old number diverted automatically to the new one?
  13. The new "green" boom

    What do other investors think of the potential for stocks in the cannabis industry (medicinal or recreational)? Has anyone else taken a stake in stocks in this field? Opinions for or against are welcome.