Category: Finance
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Hive Blockchain Technologies (HIVE.V) and Marathon Digital Holdings (MARA.Q): object lessons in bitcoin mining scaling
Crypto doesn’t really have the same appreciable metrics as other assets in determining value. The closest asset we have for comparison is gold, so much in fact that Bitcoin (and Ethereum) actually possesses a lot of the same characteristics—such as their shared tendency to act as a safe haven asset. But gold is in limited…
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Interactive Games Technologies (BETS.C): The door is opening, and not just in North America
Adopting a sin as an acceptable, taxable business is slow going. From the moment our government overlords decide to un-ban a thing, it takes often years, even decades, to move through the many stages of evolution before it can become fully embraced by society. Take booze as an example. In the 1930’s, coming out of…
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What is the NEO exchange, and how is it making the stock market less scammy?
The Wild Wild West I was skeptical when I came across a new stock exchange I had never heard of before. Through reporting on the cannabis industry I saw how lenient certain exchanges were on a lot of the scams in the space, and there were many. The CSE and OTC exchanges especially became like…
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DJIA drops 600 points, Bitcoin (BTC-USD) falls USD $2,000, Fear Index (VIX) surges 61%, as Biden hits a wall of anti-vaxxers
According to the “collective wisdom of the markets,” the DJIA is worth 50% more today than it was in March 2020.
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Trading Places: Gamestop (GME.NYSE) has Wall Street shitting bricks because ‘the poors’ figured out their scam
A friend said his Twitter timeline today looks like the last 15 minutes of the movie Trading Places, and he’s right. In what may have been the world’s most effective troll event, Reddit users at r/wallstreetbets got together and decided the insane level of short selling on some companies by billionaire finance bros might be…
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Victory Square (VST.C) & FansUnite (FANS.C): the difference between U.S. and Canadian V.C. culture
A recent article in The New Yorker, savagely attacked American Venture Capital (V.C.) culture – focusing on the billions of dollars wasted on WeWork’s bullshit business model. The CEO of WeWork (an office-share company) was a self-aggrandizing, charismatic, pot-smoker named Adam Neumann who destroyed competitors by charging unsustainably low office rental rates. The V.C companies…
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The Bitcoin Bubble: Is Tether too big to fail?
Bitcoin’s zoomed to a new all-time high of $28,601.89 over the Christmas season, likely fattening the wallets of hodlers while causing a nasty case of regret in everyone who didn’t get in when it was $2,000 about a year and a half ago. But there was some uneasy rumblings throughout the cryptosphere about what it…
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Brigadier Gold (BRG.V) intercepts 46 Grams of Gold per Tonne Over 1 Metre in 1st hole at Picachos
On November 24, 2020 Brigadier Gold (BRG.V) announced good assay results for the first three diamond drill holes at its Picachos Property, El Rosario, Sinaloa Mexico.