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​       Gord's              Updates

Courtesy of Cointelegraph

November 28th


A couple bubbles popped this past week. The Atlantic Bubble is no more for now. The 4 provinces including Nova Scotia all have separate travel quarantine measures of 14 days in place now. Sort of a province isolation thing which should help some in curbing the infection rate.


Bitcoin took about a 3 grand drop recently and that's to be expected with those watching the numbers as they climb ... sell for gains at some point. BTC has regained since then and there's still chatter about reaching that 20 grand level. Common in any market place about that drop and the taking of gains at certain times of the year.


Speaking of Markets, the stock market continues on a high to end the week while the historical safe haven, Gold has fallen near 5% this past month. They usually go opposite of each other; Markets take a plunge, Gold rises and vise versa. I've been watching Bitcoin and Blockchain related stocks move up as Bitcoin took a run at the 19 grand level,


HIVE Blockchain Technologies Ltd out of Vancouver, BC went from 0.52 on November 16th to $1.12 on November 24th. Double your money scenario in quick time. HIVE is into crypto mining with Mining Farms in Quebec and Norway, recently purchasing the latest Mining Rigs. The explosion of Ether fees in the DeFi sector also helped their business.


November 24th


As business fears of lockdowns increase, this 2nd wave of the covid-19 seems to be spreading more rapidly here than back in March. Colder weather and more people inside now they figure is a contributing factor for the fast spread.


The march to 20 grand with Bitcoin continues with a sudden jump today from the $18,500 USD range it's been in for a few days. Folks using the new PayPal crypto option and buying Bitcoin steady seems to be one reason.


Over in the De-Fi sector of the crypto scene, Hackers are moving millions out of several of these sites recently and I suspect that will continue. With coding knowledge these crooks are finding ways to manipulate the smart contract codes. 7 million dollars worth at a time seems to be the average amount swiped. 


November 21st


It doesn't take long for the virus to spread once it gets a foothold. In the Atlantic Bubble, infected people coming into the Bubble related to travel has caused a spread and the first restrictions on gatherings plus eateries/bars, since they were lifted months back is already in place here in Nova Scotia.


Canada's stock market seen gains this past week. Higher, I suspect than what's really going on in the country as the virus spreads more rapidly again and what effect this will have on businesses. It's still 2020 and not a lot of good news this year.


The crypto world is all excited about the continued rise of Bitcoin at this time while I watch and concentrate on my fav coin ... Tezos. The coin spiked nicely overnight and I traded for USD today. I'll continue on that track while I watch other popular coins/tokens that make the headlines on a daily basis.


November 15th


Mid-November and the weather remains decent here in Nova Scotia so far. According to top health officials, North America is heavy into the 2nd wave of covid-19 as predicted back in the summer and things will get worse before they get better. Lots of talk about a Vaccine coming in January and the sooner the better to try and flatten the virus curve.


I watched lots of selling and buying going on with Bitcoin yesterday as many figured it was a good time to sell for gains at the $16,000 USD level. 'Whales' selling and a news highlight was about one transaction for 100 million dollars worth. Smart move where highly unpredictable. 


In the past that would drop the price considerably but not these days as BTC once again edges over 16 grand at this time.


​I shifted some Bitcoin to stablecoins as well .. mainly DAI which recently seen a market cap go over a billion dollars worth held but folks and crypto outfits.


MetaMask now has the option of swapping between the popular coins out there (as well as DeFi coins) with more coming; with a 0.875% fee per transaction. I haven't experimented with that option yet but I will in the near future ... mainly to see about that fee and if that is standard across the board as quoted and what gains I can get with the swaps.


"A service fee of 0.875% is automatically factored into each quote, which supports ongoing development to make MetaMask even better."


The only site I have linked to MetaMask currently is ousd.com where I'm into their OUSD coin from the start; currently with a 60.45% - 7 DAY APY.


November 12th


I made a couple Trades today watching Bitcoin breach $16,000 USD. Figured it was time to sell some BTC while it's high. What's the next level to get over... $17,000 USD? Shaping to be something like the 2017 run to 20 grand in December of that year but circumstance are different this time for various reasons.


I seen Tezos drop about ten cents each as well today so bought. No guarantee it will go up right away where I'll sell once again for the gains but it has a history of doing so at the level it's at now. ($2.05 USD at the time of this posting)


Kind of a seesaw effect between funds pouring into Bitcoin and less interest in Altcoin to swinging the other way. 


In the Stock Markets, it's back to 'what's going on today' in the economy and world rather than the start of the week with Biden preparing to be President of the US and the future rollout of covid vaccines. Down some today from the past highs of the week.


November 11th


Remembrance Day


November 10th


While Biden waits to take over from Trump as the US President, there is positive news about the Covid Vaccine. Now the world waits for mass production. Here in Canada, the timeline is early 2021 for the vaccine.


There are some scary stories about fees in the crypto world. With a Bank, fees are set in stone and we are or should be notified of any changes.


Moving crypto around comes with fees and they fluctuate from the normal low to the wicked high. It's very easy to control if in a transaction and see the fee is too high above the 'norm' ... just don't follow through and wait for them to come down if not in a hurry.


Traders hunt the gains and if the price is right, 'Sell' comes to mind. This is usually done as quickly as possible before the price drops. In the hast and even sometimes panic, mistakes can be made with regards to the fees. Very costly mistakes when not double-checking or even overlooking the fact that the fee being asked for is erasing all the gains plus some of the principal (or all and more). Here is a story of what to avoid and you have to feel for the guy ...


https://news.bitcoin.com/ethereum-user-spends-9500-in-fees-sending-just-120-in-an-error-to-forget/


I regularly close a transaction and don't follow through when I'm not happy with the fee requested. 


The worst of this is making a mistake and then asking for a refund. It's cut throat and no mercy from the Miners keeping the overpaid fees. Terrible of course and no consideration of the financial burned in can put a person into.


So, if your into moving crypto around, please understand about how the fees work and when they are way too high to consider.


November 7th


Looks like the new President of the USA will be Joe Biden with 273 Votes so far, 270 required to win. Next is see what kind of stonewalling Mr. Trump will put up with talks of legal action already. Quite the interesting week with the elections.


Bitcoin continues to rally in November after a boost in October. After dropping some and not moving much, some altcoins like Tezos are increasing in value once again.  


Meanwhile, the DeFi sector continues to attract yield hunters, or harvesters. Unlike a bank, many of these offer an APY interest rate, which gets added to a daily balance and compounds the following day. Those putting in big bucks (or coins) see their principal building at a good pace. 


A recent post was about Uniswap having a wicked 15 billion dollars worth of Trades in September, 2 billion more than Coinbase. Mind boggling


November 1st


It will be an interesting start to the month with the Presidential Elections in the US held on Tuesday, November 3rd. The clocks rolled back an hour here so that will mess up my internal clock for a couple days.


I assume there is some satisfaction with the Bitcoin Bulls pushing Bitcoin over the $14 grand USD hump yesterday to end the month on a high. It's not a good time to trade Altcoins like Tezos for gains where there's probably a lot of swapping to Bitcoin for now. Nothing wrong with buying 'low' though and wait it out for the Bitcoin fever to die down some.


Just sitting back and watching Bitcoin go up in price after buying a few weeks, months or years back is one of the easiest way to make gains. You can buy and trade 24/7 not like the stock market where there are only so many trading hours in a day, Monday to Friday.


With the stocks and into short term trading ... wanting to get a buy or sell in on a given day, you know your on the clock to make a decision where it's in the range planned for and knowing it could/will move in price and not what's preferred.


Or ... pass on it and wait if that Spidey Sense is tingling. Not a good time right now. I'm too stressed over it. That's the better move to get back in control and not let the Market movements control you.


Like the stock market, Bitcoin is risky if looking for gains because it's a lot more volatile. Some will probably argue that point these days where the stock markets are like a roller coaster, always have been and always will be.


With Halloween over, it's full bore into Christmas now with the retail sector and I already seen that today.  I'm a guy who usually waits until the last couple days to get my Christmas stuff done. Perhaps they are trying to tell me something.


October 31st

Happy Halloween


Everything is different this year and Halloween is no exception. Health authorities in Canada are asking folks to make the right choices with the covid-19 amongst us. Hard for the young ones to understand that I'm sure where it's about fun and going from door to door. Here in the Atlantic Bubble, I'm not sure if there will be limited trick or treating or any at all where social distancing is the normal until things change.


Kind of a scary and horrifying start to the week where the stock markets crashed some. Investor's drive to make money caved to the bigger issues around the world that can and has affected companies. 


Crypto Markets are different and at times react to stock market moves but more and more ...  it's kind of a rush to what 'coin' is going up or what attractive interest rate is available in the Defi sector where werewolves lurk in the form of scams and hackers as more and more sites come online. Then comes a time when Bitcoin, which started it all ... is once again the talk of crypto land. How much farther will it go up? Will this uptrend bubble pop and drop back to a new bottom or maintain the level it's at currently?


Stay safe and keep the risk factor in mind.


October 29th


Keen bitcoin traders are making a good 'coin' these days as the price swings around $500 USD up and down. The center of attention in the crypto world for now despite all the fanfare in the DeFi market.


There was talk of a possible push by the Bitcoin 'Bulls' to reach 20 grand but first it's about breaching one $1000 level at a time... $14,000 USD is the target now. Falls back?  Bottom at $12,500 seems to be the consensus.


Shopping with Bitcoin? With PayPal suggesting they will bring that in next year, Coinbase is rolling out a crypto visa debit card for US members with rewards attached.


Currently on Nexo, I'm earning 10% APY on my stablecoins. They have now added a feature that members can add an additional 2% APY for 12% total if they want their interest accrued on their Nexo tokens. This also applies to their fiat options, USD, EURO and GDP.


​​October 27th


One of the biggest news stories is the US Election next week. Biden or Trump ... who will be the winner?


Who ever wins will have a ton of issues on his plate, which hasn't changed much since last March ... probably getting worse now with no containing the 2nd wave of covd-19 so far in hot zones.


Bitcoin continues to break records this month as the Bull run continues while the overall stock market is blah again to start this week. Over-vauled comes to mind so I watch but don't further fund in case of a sudden crash. Meanwhile, I work with various altcoins to earn gains.


DeFi compensation plans continue to interest me 'outside' of the Ether based semi-auto sites that come with high fees. Mainly, I'm into Nexo, Binance and ousd.com.


​'ousd' is under Origin Protocol and their latest update is about expansion of future income generation plans for the ousd coin. This is the only one where I have to deal with Ether 'Gas' fees. I'll be patient and wait for the lowest fee when it comes time to move my ousd, which is comprised of the stable coins (each equal to $1 USD) DAI, USDT and USDC


I like this overall view of Defi apart from above ... 


The fast-evolving realm of decentralized finance, or DeFi, has attracted large sums of money this year from venture capitalists and traders alike. At last count, some $11 billion of bitcoin and other cryptocurrencies had been socked into the semi-automated, blockchain-based trading and lending platforms as collateral, a 16-fold increase since the start of the year.

But every month or so, the fledgling industry produces a debacle so suddenly and bizarrely that sane observers have no choice but to step back and remember that the whole exercise is really just a giant game, played with real money. Or a laboratory. Or both.


October 24th


We are heading for the final week of October in this crazy year of 2020, the weather remains warm for this time of year and mild. The tourist industry here in the Atlantic provinces is probably about. "That figures!" ... specially with no lucrative Cruise Ships coming in to the port of Halifax this year and normally there's a lot of retired folks visiting the sites here from across Canada and the USA.


PayPal made a big splash into the crypto pond this week. Probably one of the main factors driving the price of Bitcoin up with the announcement they will have services for Bitcoin like buy, sell and 'move' available along with other coins for US members.


Plus, crypto shopping next year. Buy that much wanted tech device with Bitcoin plus much more. When a purchase is made, PayPal will convert Bitcoin to USD automatically when needed for the merchant requesting payment for the goods bought. 


No word yet if that will be coming to Canada later or not. I use PayPal but after I transfer the desired amount of crypto to fiat or cash and then send to PayPal.


With Bitcoin and the highest prices this year so far ... I read patient BTC 'hodlers' have been making transactions the last few days after being idle and watching for a year or more.


October 20th


China, one of the world's largest importer/exporter of goods next to the USA and where the covid started ...  reported an improving economy to start the week while other areas of the world are dealing with a rising 2nd wave.


Not sure if that coincides with the sudden rise in Bitcoin the last couple days but a bull run is on ... probably stall at around 12 grand USD or above where 'Sellers' wait to rake in the gains.


Thinking about getting in on the DeFi hooplah with the majority based on Ether smart contracts? First thing to look at it is ... how much will the fees affect my bottom line. This is an average example about a withdraw of $100 (including gains) worth of coin. Today that will cost an average of $20 in Ether 'Gas' fees. (Also factor in the Ether Gas fee to deposit). But that also depends on how busy the Ether miners are and with DeFi, that's most of a given day.


In that example, I came out ahead with the $100 in coin withdraw but the Ether needed for the fund and withdraw probably cost me $25+. So, a $75 net in the end after an initial $90 deposit. Doesn't compute to me where it's an overall loss.


Unless a person is going in with big bucks to absorb the fees, not something I'm into. I want to make money, not lose it in fees.


With my search for 'DeFi like' compensation plans without those 'Gas' fees, I've been investigating Binance, which I joined awhile back. Binance is the top crypto exchanger in the world when it comes to volume moved per day and they have a traditional Wallet, marketplace and a variety of crypto plans. And, Canadians can participate.


My first interest is their Savings plan. I got involved with that and I'll share the results after a week. I'm using Stable Coins where the coins are just that ... stable and equal to the US Dollar. USDT, DAI and USDC where an interest rate posted for a savings plan will be very close to what is calculated in dollars and cents going in ... shown on the site.


Using Bitcoin, for example, the posted rate will deliver different amounts as BTC goes up and down in value.


There's much to explore on Binance with the various Plans, tutorials and general information. Their limited time 'Launch Pool' also looks interesting. 


October 17th


It's Mid October and while the rest of Canada grapples with the 2nd wave of the virus, so far ... so good here while our border province New Brunswick is kind of a hot spot in the Atlantic Bubble with 100 active cases. That all started quickly in a retirement home with a few cases .. suspected travel to Quebec and back with out required quarantine.


In crypto and outside of DeFi, some exchangers are getting in on that action hosting 'DeFi like' farming and interest bearing savings accounts. I've been checking out some of these exchangers but some have restrictions to Canada and the US due to our tougher crypto regulations and Gov't crypto watchdogs.


I figure these are safer then many of the new DeFi sites with the associated high risk of loss and the high fees to move coin on top.


One example of a traditional exchange is Huobi Global, ranked number 3 in the world with volume/traffic offering a variety of popular earning options outside of their trade/market page. Up my alley some of those options but blocked to Canadians. More will be adding DeFi like options I'm sure where the attraction of making additional money thru fees for them and gains for members.


Bitcoin has been fairly steady lately. The stock market is about the same as main factors weigh in currently, like a timeline for a covid-19 vaccine to be ready for use on the general public and a possible trillion dollar boost from the US to further jump start it's economy ... probably an after Election thing. Their economy further sparks ours when it gets rolling with positive numbers


October 14th


When I started out outline, I was looking for what is a common term today ... side hustle. I had a starting cash amount set aside and began my search. It was like taking a run up an ice covered slope .... not gaining an inch to get to the top... steady sliding back as I quickly learned about that unforgiving online world.


Then I discovered Revenue Sharing and HYIP's, High Yield Investment Programs. Cool .... make a buck passively or as an option ... more if I promote. That was great and kind of entered it in a 1/3 of the way of a growing bubble with lucrative sites on the go. Eventually the best of that time, peaked and started to slow some.


What I stayed away from was the crazy HYIP promotions of a 1000%, etc. I preferred a decent to low percentage per day.


Fast Forward to today ... as I continue to read up on and explore the DeFi crypto world, the actual rave is about what I avoided in the HYIP's I mentioned above. Many are full time into finding and entering tokens that pop up offering 1000% APY or around there. Deposit, gain on the compounding daily percentage and withdraw ... wait for the next one while paying wicked high Ether fees. (Looks like that could change and go lower with the fees perhaps while 'Ether 2' is coming in to play soon)


This isn't just 1000's that circulate in and out of HYIP's .... I'm talking millions of dollars for thirsty 'high percentage' investors.


Meanwhile the original fairly low risk De-Fi projects continue to build up on funded crypto ... some over the billion dollar mark.


That's what's kept me interested all these years ... there's always new trends that come along to explore.


I am in a couple that are DeFi related I mentioned in earlier posts.


I'm gaining more confidence with Nexo, that started a couple years ago from a parent company, Credissimo; serving millions of customer for 10 years in Europe.


With ousd.dapp, I continue to test that one. One positive is as their new feature grows, the APY has doubled since I joined  ... around 4.40% but that fluctuates with member participation.


There will be others as I watch from a fence, avoiding any with crazy high fees.


What's in it for me? .... gaining interest on my normally idle crypto in traditional Wallets. When I need the crypto ... I route it back to my Wallet; more in value than when it left.


October 11th


It's the Thanksgiving long weekend here in Canada and normally a family/close friends affair but travelling to be with family depends where you are these days with the virus situation. Hopefully, here in the Atlantic Bubble ... people will respect the rules that come with it. Travelling outside and coming back in ... or folks coming in to visit, need to quarantine for 14 days unfortunately so probably be wise to stay within the Bubble this year.


Recently in the news, some are trying to skirt around that 14 quarantine and again ... just puts others at risk


There's an interesting prediction floating around about 2021 with Bitcoin. The speculation is that folks that went into DeFi starting with Bitcoin and swapping to the many different coins within that realm will eventually be swapping back to Bitcoin in mass sometime in the future when the bubble pops in the DeFi space, which is still growing like crazy at this time. All those millions worth coming back into Bitcoin will drive up the price.


The thing is, some are already waiting for that to happen and holding their current Bitcoin stash. Interesting to see what the future holds for that theory.


I could see that happening for all bubbles pop eventually, returning to somewhat normal levels after all the panic selling is over and the smoke has cleared.


October 10th


Good to see Bitcoin back in the spotlight after the steady DeFi commotion. It tends to give some BTC watchers more interest and trust in the coin when some heavy weight companies decide to buy a big chunk to hold. This time it was Square, a payment processor and it's owner worth billions buying 1% of capital in Bitcoin ... around 50 million worth.


That sparked buying since then along with Trump now wanting to push through a covid stimulus package while Bitcoin's went over $11,400 for awhile .... currently around $11,300 with more movement ahead I'm sure. Eventually the sellers will tip the scales as they look to collect the gains as the price drops ... but not yet.


October 7th


More news about MetaMask I use on a daily basis now ... they are bringing in swapping of coins on the app/site soon where it remains an efficient 'go between' to transfer coins/tokens. I favour that move where it can make it into a 'one stop' shopping experience. Users exploded on MetaMask as the DeFi bubble increased with billions involved today.


It looks like ... taking Ether (Gas) fees as a measure ... the latest news is that fees are coming down and Ether use is slowing up from the heavy traffic and congestion before (causing fees to go up to get a transaction completed in fairly quick time via Ether Miners) as some top touted coins are losing value for now.


Is that bubble bursting? Too early to tell but like all bubbles, there will be some well managed outfits that continue to provide incentives which will rule the roost while other 'fly by nights' .. will fade away.


October 6th


Beautiful fall colors are in the woods now and looks like our temp is going to dip lower towards the weekend. I'll soon see a first frost ... where's that windshield scraper?


The Trump circus continues down south, even in quarantine as the election day draws closer. Up here in Canada, our Prime Minister, Trudeau is once again heavily involved in trying to get this 2nd wave of virus under control. Some say, it's his responsibility. Sure, that's a given where he's our Federal leader but it comes down to being everybody's responsibility to do their part.


Some protest against the mask, don't bother isolating, even going so far as threatening provincial health leaders and their families. That endangers everybody around them. But, that's the crazy world we live in today.


In the crypto world, the top coin in market cap, Bitcoin is not moving much these days but that can change in a hurry. Always better than a dip but Traders are not keen on the narrow movements. Chasing heavily inflated new coins and chasing volatile high interest coins conjured up on a whim at 1000$ APY in the DeFi world is the high risk craze these days. I like some excitement but also have to know what your doing at those risky high rates that are here today, gone tomorrow. However, some are making big bucks doing the leapfrogging thing.


On September 26th ... I mentioned how popular MetaMask is this year. Here's an update about surpassing 1 million users in a month ...


MetaMask hits 1M monthly users thanks to DeFi boom




October 3rd


There's always plenty of news daily with the crypto world where it's getting more diversified into different fields and lots of talk about what's the most popular site(s) of the day/week attracting a lot of money. At times, moving too fast and that trend is already fading before looking it over ... next! Leapfrogging I call it.


These days, it's De-Fi as it evolves rapidly based on semi-automatic or fully automatic code. But, there are many that stick with the coin that started it all ... Bitcoin and for keen investors/traders, they can build anywhere from taking care of living expenses, dining out  ... to building a tidy fortune. Depends how serious one gets because there's still the risk to consider. 


We are into the final quarter of 2020 and things aren't getting better dealing with the evolving 'new normal' as the 2nd wave of the virus is on the go. Such as wearing a mask. Months back it was a foreign thing to me and I didn't like wearing it but today ... I wear it without a second thought. It will probably initially feel weird walking into shops in the future and not have to wear one with the virus under control and in the past.


September 29th


Certainly looks like the 2nd wave of the covid-19 is ongoing in central Canada and other parts of the world as the number of cases rise while governments work on scaling back social gatherings that has increased perhaps too much since lockdowns were eased. Probably more restrictions coming if this 2nd rising of the curve can't be flattened.


On the money front ... stock markets are kind of blah now with bleak overall numbers while Bitcoin was on the rise but in kind of a holding pattern for now. One moves in relation to the other lately by the past patterns.


Tampa Bay Lightning are the Stanley Cup Champs, played in this weird year of the 'Bubble" with no fans. I'm already looking forward to the next NHL season with a possible start in January, 2021. Lots of planning going on there.


September 26th


DeFi ... even Visa is now getting in on the action with their 'owned site' called Plaid. I looked over the site but not involved with it at this time. 


As I mentioned in previous posts, my main interest in DeFi is just that... earning 'interest' on my tokens/coins and have planned it out so tokens/coins go back to cash in the hand when I decide to go that route to eventually land in my Bank.


I quickly learned when researching De-Fi, I would need a 'go between' from my traditional 'Wallet' providers such as Coinbase .. and DeFi sites. I've seen articles before about these 'go betweens' but had no use for it until a few months ago. 


MetaMask I figure is the most popular and I downloaded it, using it as a 'browser extension'. Handy to 'click on and open' with no need to add a URL, where it's right alongside where I add website URL's such as google.com, search items, etc in my Goggle Chrome browser.


I already rely on it where I have shuttled funds in and out of MetaMask with no issues. A DeFi site such as 'ousd.com', for example ... which I recently got into, will prompt to use MetaMask, one of 4 options they have available. Once I log in to MetaMask, my account details come up in ousd where I earn interest with their plan.


The difference between the standard exchanger and MetaMask is when making a transaction in ousd.com ... it's an automatic process and the details are shown in MetaMask instead of manually adding codes/amounts and the only function I have to do is 'accept' or 'decline'. Decline and the transaction is stopped. No coins/tokens are moved


I'd say MetaMask is standard and reliable across the DeFi network of sites.


All this information to many involved with DeFi is as common as using my debit card for Tim Horton's coffee in the mornings, like no big brain impulse needed ... habit like. Nothing new to them but for me ... already being an 'old school' crypto user when Bitcoin first came out ... it's a steady learning curve these days.



September 23rd


One good thing about the Hurricane centers I monitor during hurricane season, they give folks plenty of time to get prepared for the worst even if it doesn't happen. We were lucky where Teddy stayed out to sea in my area but hitting northern Nova Scotia... Cape Breton head on today as it continues to weaken and move on to the west coast of Newfoundland.


Another storm is brewing in Canada and that's the rising cases of the virus once again. That will probably escalate further without adding restrictions that were in place after in the initial outbreak.


That's also got investors thinking about the impact on the stock market and Bitcoin that seems to relate more to movements with the stocks although not always. Crypto news is recently adding more news about what's happening in the financial world that could trigger stock market swings, up or down and the after affect on Bitcoin.


Currently there are more heavily fund backed sites offering 'daily interest (APY)' opportunities in the De-Fi side of the crypto world or spin offs from De-Fi. That interests me with the crypto I am holding or 'hodling' for now while I watch and wait for ways to further 'leverage' those tokens/coins for further gains


Compared to having a stablecoin in a traditional crypto Wallet earning nada such as Tether (equal to $1 USD each), I earn 8% APY on my Tether until I need it for future use.



September 20th


It looks like the Atlantic provinces will feel the impact of a weakening hurricane (Teddy) on Tuesday. Specially the eastern shore of Nova Scotia and southern shores of Newfoundland. High winds are nothing unusual here but 'sustained' is another thing... that's what does the damage causing power outages, etc.


The last 'head on' hurricane we had was last year this time, toppling huge old trees in the city causing major and costly damage plus a sky crane that took weeks to take down safely after falling over and crashing into an apartment building.


In Crypto land, Bitcoin was on a surge but backed off some since yesterday, Sellers taking gains most likely that are keen on playing the trading game.


De-Fi remains popular as that bubble continues to swell with several billion dollars involved and growing. Getting in on new tokens that double in value or more while collecting daily interest is the craze then selling for what could be big gains. It's like getting into a 'pool' of funds and withdrawing when a person wants. Different from exchangers where traders buy and sell from each other.



September 16th


2020 is a year it seems investors get bored quickly of just watching and waiting to see what the outcomes are of all the issues in the world today. Investors are here to make money and that shows this year. In the stock market, we had the big drop in March and the expected long/delayed recovery didn't happen while records were broken in the recovery and the rapid climb that followed after ... compared to when Markets dropped off the cliff in the past


In crypto, Bitcoin holders/investors have gotten rattled a few times and the last quick drop was a humdinger ... 2 grand but once again, after a cooling off period, the price is moving up at this time.


Overall, a lot of experienced investors wait for the 'bottoms' or dips in prices after 'down' days or week(s) and prepare to buy when they figure prices are moving up instead of a steady down and there's been quite a few of those this year.



September - Sunday


It's more like a tug-of-war trend once again with the Bitcoin. Buyers push it up while 'Sellers' wait and then make a move to bring it back down again. Bitcoin has visited $10,500 briefly but back down to the usual holding pattern at the time of this writing to around $10,200 USD where it's been hanging around for a few days now.


The fine for not quarantining for 14 days when coming into Canada's Atlantic Bubble is $1000 and 5 University students have been nabbed recently while the school system after the first week is quiet of any other covid news, good to see. I suspect there are lot more than these University students not quarantining when coming in or returning to the 'bubble' and there's no excuse these days in saying ... I didn't know. Information is posted everywhere.


Although I don't want to wish time away, we are into mid September already and some want to put 2020 behind them already. Lot of the US West is on fire, hurricanes and in both countries the Virus remains with us plus the fallout from that. It's ramping up again here in Canada from Quebec to BC. Can only stay positive and hope things are for the better next year.


September 9th


After a month of more ramped-up debate about schools opening between teachers, parents and governments, we are into the school year and depending where ... not all good news as cases have shown up already in schools while there is a general spike in the population of covid-19 cases across the country. So far, here in the Atlantic Bubble ... all is well while the school system remains under scrutiny for the opening week.


In the crypto world, Bitcoin appears to be leveled off while some are anticipating a climb in price once again. The last 3 'market' days was about the selling off of Tech stocks that rocked stock markets now seems to be over with more positive numbers up today. In this day and age, good news for Bitcoin as well with this all happening in the short term where there's still a lot of bigger issues than normal in 2020 and nobody can forecast too far ahead.


September 5th


I can only think of one word after last Friday's Market results heading into the long holiday weekend ... Ouch!


History in the stock market, although it doesn't follow those trends all time but tends to rhyme they say, has shown that September is the summer's end for Wall and Bay Street outfits to adjust holdings and take profits, creating a drop in the Markets. Some years are more severe that others.


Retail investors, like me that invest outside of an 'investment company or bank' usually get warnings of what's coming and if not prepared or adjusted before hand, the market drop can come quick be a rude awakening for sure. I still don't sell during these times in a panic like many but wait it out.


They figure 'retail investors' make up about 20% of the stock market and growing where folks are educated now about the damage high fees or management costs have on mutual fund portfolios over terms, specially ... long term. As it grows, more of a hit comes with the percentage fee that's assigned every year. 


Bitcoin followed the stock market this time and dropped from a high of over 12 grand to $10,000 USD in quick time and has rebounded some since then but still a lot of uncertainty where it could go down further yet. Again, wait and see on my end where Bitcoin levels off and moves up some once again.



September 2nd


Coinbase is a crypto exchanger and Wallet provider out of the US and has built up a good reputation. There are inklings it will go public on the stock market soon. 


On my end, the site is user friendly and easy to navigate with options I look for when moving 'coins' around in the crypto world.


I've wrote a few posts about the De-Fi scene that exploded the last couple of months with billions of dollars involved and building. When I first looked at it, there were a couple of sites and I tested them but seen right off ... what's with the high fees? ... and backed out again going with a 'non fee' site. 


I've been keeping tabs on it and now it's beyond bizarre .. tokens and the outfits behind them with names like walking into a grocery store, spaghetti, yams (defunct already) and the latest Sushi taking in millions already and only 5 days old. What's crazy is ... in one day, 5 million alone has been spent just on 'fees' moving crypto.


I can only assume this is like a new z nation world and others testing/learning. A lot of the new crypto jargon I don't get yet and a building number of coins (100+) they chase to 'pump and dump'. So, one important thing about finances is .. if you don't understand what your getting into ... best to stay out. 


I just find it baffling, 10 billion involved already and growing in a 'gain feeding frenzy' where it can be found.


For example, one De-Fi (a crypto sector apart from the traditional) site and probably the most popular right now is called Uniswap ... it's doing 50% more daily trade volume than the traditional crypto trading platform on Coinbase Pro. When will the 'bubble' burst on all this? No idea, but for now ... it's like the gold rushes of old only they don't have to leave the chairs.


Hard to believe it seems I'm already turning into a crypto 'old school' thinker in this fast paced online world. I've watched some tutorial videos of people 'testing' the systems recently and they already seem outdated to what's going on now.


September 1st


Interesting Blog article below about city and country living. Certainly a preference but it also comes down to affordability and maintaining a decent lifestyle without being 'rent or house poor' (mortgage).


Me, I prefer country living and probably move back some day or to a quieter town than the city but as long as I am also doing the part time job thing, I don't like the long commute from the country to here and then into rush hour coming and going plus factor in gas/wear and tear on the vehicle plus the alarm going off earlier in the AM but that depends how far out from the city.


However, in this city ... rent and the price of housing continues to climb every year. An issue many complain about and questioning their local municipality/ government about but there is no solution.


Will Covid change the nature of work permanently