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Perhaps this is the time in the cycle for consolidation? One fish eats a smaller fish and then gets eaten by a bigger fish.
This type of guillotine market clarifies those who get to buy from those who are lucky enough to be eaten. It depends on whether there are any proprietary items, like patents, or unique ideas.
Will GMBL buy or be bought? What does GMBL have that another company would need to own, if only to keep it out of the hands of the bigger competitor fish?
Pure politics, nothing more. Understand that people no longer matter, only votes matter. Cannabis will be milked to keep voters attached. He will promise without delivering as long as he can. Even now it feels as if the milk is all gone but it's still early in this political process. My guess is the cannabis bud will be squeezed prior to the US midterm in Nov 2022. He will promise to get it done, but even if dems win seats, it's unlikely to actually get done before 2024, the next US presidential election. IMHO, that will be the big weed election. In 2024 both parties will be making cannabis promises. If our system hasn't totally melted down, 2024-26 is my prediction for weed.
Thanks. In poker they say its stupid to toss good money after bad. But Emerald still exists. As Biden rises up after a slow start, freeing cannabis is high on the list of things he wants to do. So maybe there's a last hurrah for Emerald, too. Not for the lying ceo and his family, but for the others.
Here's another interesting discussion about BTC. I suggest starting with the last 10 seconds. Start at 3 min 15 seconds:
Here's a relevant discussion regarding the current intersection between BTC and government.
Coin Bureau is an intelligent Youtuber:
One wrong move and it's the guillotine.
Hope it hurries up and reaches the line between life and death. Perhaps a Phoenix company will rises through the cannabis ashes offering to buy the equipment. Maybe our shares get bought. My only question is does one double up at .03 or .02?
That's definitely happening already. Cannabis taxes is a golden cow and self-destructuve fools that they are, they're going to squeeze until they pull the whole udder off. We'll be lucky if they don't destroy the whole frigging enterprise because they're so inept they can't help themselves.
You're misunderstanding my comment if you see it as a slam against the Dems. It's not. I'm just saying this is how elections are played.
Legalization of cannabis is one of those rare creatures because almost everybody wants it to happen: the public, Dems and Pubs. Even the people most against it aren't going to fight it because they're going to save their powder to fight decriminalization of stronger drugs.
The question is: why hasn't it passed if most everybody wants it?
This will pass easily once the ducks are lined up properly. And by ducks I mean politics.
Why hasn't something so popular happened? Only one reason: neither Pubs nor Dems want the other side to get ANY credit.
The upcoming midterm election is too important to not make use of an issue this important. Fact: Dems are in trouble. Approval ratings are in the tank. Passing cannabis legalization is one of those issues which may be rewarded by getting votes for the side which gets it done.
The Dems have the opportunity here. The only question is will they be able to get it done. And will the Pubs be able to stop it for fear of them getting credit for it.
Look, realpolitic here, Trump could have done it. And without doubt, had he tried the Dems would have found a way to block it because they hated him more than they wanted him to get credit for legalization. The same dynamic is at work here, only opposite.
The Dems badly need the votes this upcoming midterm. My prediction is they will pull out all the stops to get some form of US legalization passed in the runup to election day Nov 2022.
That's not me being anti-Dem. That's simply me being honest about how the disgusting dishonest deceitful world of politics really works.
Have you seen Ozark, the Netflix series about drug dealing? It's like the Sopranos and Breaking Bad, an antihero trying to do right while doing wrong. It's an excellent series: very addictive.
The task: "Dems have been working on legalization with the aim of introducing a bill this spring."
An issue with this much passion will only occur close to election day, either Nov 2022 or Nov 2024.
My hunch is they'll time the vote for mid-Oct 2022 (give or take), right before US midterm elections. Plus, college students will be back at school looking for weed and easily told to go vote if it's a live issue.
If legalization passes, Dems get voters from the win. If it fails, Pubs get the blame and lose voters. Either way Dems get the electoral boost which is something they need. Current reality is not good so this might give them reason to use this issue for an election. If this doesn't happen this year, then it will play out same in Oct 2024.
Great post. Thanks for sharing it. That it was recently written is sad. That everybody on these boards does not understand the basics of this post is absurd. None of this is new. It's mostly a commentary about the idiocy of our leadership over the past 50 years, chasing trends as if each was a Truth with a capital T.
We've chased rainbow after rainbow and have ended up in this miserable shit storm of lies.
Despite this cynicism, we still have a world of tools at our disposal if only adult leaders become worthy of the title.
The post describing the fantasy of the green trend shows how delusion can lead to what is called magical thinking. It's so simple to believe in magical solutions.
How we return to a sense of genuine problem solving is anybodies guess.
I think energy is at the center, though. It's one thing to have landfills full of small batteries. What happens when the millions of AA batteries are replaced with millions of 2000 pound batteries?
How long will it take for this awareness to kick in? How many more decades?
Today's "Amended 13g/a" is a mix of voting rights from groups who own percentages of shares. News from days ago was Cipher appearing at Needham conference on Jan 14, or some such thing.
With SP now breaking $4, the FUD reaches new depths. I read Bitfury was making new, faster software, but no doubt this will be a software race by all to outpace competition.
I just want Cipher to show some awareness that their SP has reached beyond crisis point. So far they are blank stubs of management.
Play another game? The federal reserve is a worthy conversation. And while some seem to enjoy writing about people who lick other people's asses, I'm quoted as saying something absolutely true and then accused of saying my opinion. How shocking? I must have gotten it wrong. I thought saying my opinion was the point of freedom.
But then I learned, seeing perfect hypocritical form, with no irony whatsoever, an opinion—obviously not a fact—appearing from the voice we've heard so often.
Rwdutch wrote: "Money system used since 1913. .... That makes crypto dangerous to old time Fed."
Clearly, money as a thing is going through a momentous change.
Is money the root of all evil? No. That's ridiculous.
Is the Fed to be feared? No. The "Fed" was a tool, created to provide flexibility and to not allow rigid rules from destroying everything. It wasn't a perfect tool and it made mistakes. But it got us down the road to this point where most of are typing from warm locations, with food in the fridge, indoor plumbing and a warm bed tonight. Those are genuine accomplishments.
But no tools last forever and money is a tool which, historically, every once in awhile, requires an upgrade to regain its effectiveness. We seem to be in such a spot now.
In evolutionary language money, or the people who use the tools of money, learned to adapt. Evolution rewards those who adapt the best. In the real world, both good and bad guys adapt around the tools of money.
Is it time for something new? Sure, if only because we work more closely with our neighboring countries than ever before in the history of the world.
Will this new direction include Bitcoin? Ethereum? Other crypto? Perhaps. Who the f knows? But this new technology has gotten everybody excited so let's see where it takes us and enjoy the adventure.
I don't think the Fed is afraid of crypto. I think the Fed hopes crypto will solve critical problems which old fashioned finance has not been able to solve. The Fed knows better than us they need to adapt. But they need to do it wisely. If the Fed doesn't do this wisely, the crooked exchanges are going to steal all of our BTC, ETH, and everythjng else because they can.
The Fed needs to make sure all transfers into crypto, or other new tools, works honestly and flawlessly.
If crypto allows people to meaningfully participate in the world where money moves energy around, it will cut out the middle men from billions of interactions daily. This will release creative forces never before released.
Hopefully, with HIVE and their investments into blockchain mining and other adaptable technologies, we've latched onto a horse which understands it needs to ride the wind.
Personally, I tend to believe the imperfect Frank Holmes is a creative mind when it comes to money, gold and wealth. It's a complex balance, not putting all eggs in one basket. Holmes has instincts none of us have.
If any of us had these instincts, we wouldn't be on this dumbshit board. But here we are trying to understand.
But this I know. None of us have to be here. It's voluntary. If anybody doesn't like it, then delete the misery from your life and leave. I lost interest in such listening long ago.
I'm here for the adventure of watching the world of money change, hopefully for the better. But we really won't know for quite a while.
Yep, got my share of those, too. I like this company, one of VSs' young companie, Fantasy 360 Technologies Inc (“Immersive”). But I think they're having a name recognition problem because when they write the name Fantasy 360, they always include (“Immersive”).
Perhaps Fantasy 360 sounds too much like a porn site?
This is a very interesting company, though. They have big Fortune 500 companies as clients and they help with team-building, putting people into dilemma situations where they need to solve problems as a team. What they do looks genuinely cool and fun, how quality team-building work should be done.
I read they are working on Metaverse programing which makes sense. It would be perfect timing if they could develop a killer metaverse application for team-building.
Got a nice $5 Starbucks card as a thank you for being a VS Shareholder.
I went to local SB, ordered a Nitro cold brew, $4.75 + tax.
Never had one of those before. Can you imagine? A $5 cold coffee.
Total = $5.38.
Scanned email bar code. Checker told me the card only had $3.82.
I said, "that can't be." Showed the email. She called the manager who also looked at the email.
We were flummoxed.
Then I saw it: $5.00CAD.
Those Canadians. Never learned how to properly count.
Yes sir. Grab your popcorn, stockpile enough food, alcohol and other items of choice--don't forget the toilet paper--and enjoy the show. We all love good adventure stories.
Fair enough. I'm not aware of Trumps' specific comments. But Greenwald is not a regular cheerleading journalist. He's the old-fashioned type who attempts to locate the truth.
In the circus of the next 8 months, in the run-up to the mid-term elections, we will learn where everybody stands in regards to blockchain and how it will work.
Not that people have attention spans which can tolerate an hour of conversation regarding the political implications of bitcoin, but if you want, this is interesting.
These are just pump/dump sites, not investor sites. These tubers either get paid to pump or they manipulate buyers into buying and then sell as they do. These are the sites many posters hate for being so manipulative. Fact is, these shitty little youtubers are adding to the nonsensical up and down volatility. They are not leading to growing a stable company people begin to trust.
We don't need these pump and dumps. We need actual investors.
And if that last post puts you in the mood for a snack, Investopedia sits HIVE down among good company:
https://www.investopedia.com/10-biggest-blockchain-companies-5213784
Imagination dying? Smell of feces in the air? Try this headline: "Market Gets Cozy With Bitcoin Trapped? Why BTC Is Gearing Up For A Short Squeeze."
https://www.newsbtc.com/news/bitcoin/market-gets-cozy-with-bitcoin-trapped-why-btc-is-gearing-up-for-a-short-squeeze/
HIVE has their head in the game, unlike the trolls of ihub who left theirs somewhere under a bridge miles back.
It has been mentioned countless times how early in the game blockchain is. Those of you with old minds always seem to forget the world--and free market--doesn't care what any of us think.
Here's just a portion from Hive's recent newsletter, emailed out today.
https://blog.hiveblockchain.com/how-open-source-crypto-is-disrupting-everything-the-hive-newsletter/
Interesting news I'd not heard before. Dow Jones Newswire listed on Ameritrade. My money's on this being a semi-bogus story in the attempt to squeeze concessions. I don't think this shock-value report would see print unless there was a fix in the wings waiting to be announced.
Interesting news I'd not heard before. Dow Jones Newswire listed on Ameritrade. My money's on this being a semi-bogus story in the attempt to squeeze concessions. I don't think this shock-value report would see print unless there was a fix in the wings waiting to be announced.
Interesting Dec 10, 2021, video showing the environmental waste of wind turbines. Veolia is a company created to handle GE's wind turbines after they outlived their usefulness. Not as unfriendly as nuclear waste, but unfriendly, nonetheless.
If you love wind turbines, you may not love this video. But you might agree it's a step in the right direction by not simply denying a genuine problem in the process.
Now it becomes easier to see. The thieving politicians are shaking down/stealing from the thieving executives who are skimming/stealing from the tops and bottoms of any actual orders. Why nobody should complain. The house of cannabis cards looks at least as real as the metaverse.
Where are the lawsuits? What is the Canadian SEC and the attorneys waiting for?
Thanks for posting, but before jumping to conclusions, who is Full Color Games and what's their stake in this? What's their beef with BRAG regarding the Spin deal?
This was filed in Nov 2021, so why are we only seeing it now?
Definitely, something is fishy so let's figure it out.
I'll read PDF to better understand the problem.
Yesterday's hearing before US house of reps met with bitcoin related CEOs. Bitfury was one of the groups in the room.
Bitfury remains involved, fingering the wind to see which way the wind blows.
Great article. Author nailed it, describing the potential outcomes for us shareholders. He paints an ugly picture of potential bankruptcy, a current fair value at $14ish and a potential at $45.
But best of all he makes it clear the potential for licensing the rights for many companies to make LTBRs patented fuel as quickly as posssible.
If any of you have any brain cells left, Sebastian youtuber has stamped approval on the latest HIVE decision in their investment into Titan.io.
[California] "Cannabis Is Over-Taxed…Why?"
Because we're still in the period where legends are being made.
It was Willie Sutton who was asked the famous question and credited for the famous answer which he denied saying: "Why do you rob banks?
Because that's where the money is.
Cannabis is the new bank and thieves are simply doing what they've always done. Nothing new under the sun here.
Got a reference for this so we can see it, too:
Link? URL?
Quote: "big article today on nuke power including money for mini reactors."
Just saw this news clip from Breaking Points, one of the new YouTube news shows which practices journalism, not blatently slanted opinions which many news organizations practice today.
So doctor dhillon and heroin dealer brother are going to prison. Isn't there another dhillon involved in this business, too?
But here's the real question: can the EMHTF business be sold for shares of an actual cannabis company? Maybe then this POS could be absorbed into an entity able to pick up assets on the cheap.
Should have doubled up last week. It was fun watching it happen, though, in real time.
"... and to unlock significant unrealized value for all of Halo's stakeholders."
I wouldn't jump to the conclusion that "stakeholders" means shareholders. My cynicism has grown to the point where it might mean: we didn't use the term shareholders because we want such proceeds to go to our "real stakeholders," our actual friends and family to whom we syphon all of the good stuff.
That's what seems to happen all too often in these rancid waters of penny stocks.
I have a few other so far worthless spinoffs which might, someday, produce something worth more than second-hand smoke.
So, if HALO owns 68% of Akanda, the honest response would be to reward shareholders with a percentage of the spinoff. We should be receiving shares of Akanda.
Canadian cannabis penny stock companies involved in fraud is nothing new. Vancouver, especially, has fraud firms with dynastic histories. Emerald is my second go around. First was a few years back when I stuck some money into a thoughtful website and story, a small penny named Abbatis. Looked good until they went down because they were partnered with a group of about ten cannabis firms, all tangled in a scheme where they did deals among themselves pushing prices higher until the bottom fell out.
At that time Emerald was being written about as one of the legit companies. Unlike the ten "bad" companies.
The group was taken down by the Canadian gov't which, basically, charged them all with fraud while they went after the big names. No doubt, they're still in court today. I once signed onto a lawsuit but it was a joke, probably part of the scheme to make it go away on the back end.
I put some money in Emerald in the same way. Emerald had name recognition, written as one of the power players. More bullshit lies.
The Emerald brothers with the story were crooks, pure and simple.
Such companies seems like training for Canadian professional thievery. They graduate from specific universities, partnered and ready for the big leagues of business fraud. There are too many of these companies for this to not be organized crime.
But again, not many years back, Emerald was written about like it was one of the good pot companies.
The pot writers, morons that they are, seem to be in on it, too.
If you want some history, search out Abbatis until you find the part where the government took them, and the others, down all at once. Ihub had a board for Abbatis.
I agree with a recent post that it's best to leave this industry and let the crooks figure out which family is going to win the prizes. Or be a daybtrader and pick off a dollar here and there. We're probably still decades away from a reliable order.