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​       Gord's              Updates

October 16th


Coinbase  was one of the 15 companies that attended the first 'charter signing' meeting for Libra (Facebook's coin) in Geneva. Apparently, the entry fee is 10 million and the Libra Association plans to have a hundred joined in the future before the planned launch next year. 


Coinbase will host Libra I'm sure if all goes well. Thailand has already welcomed the Facebook coin to their country. 


With more Coinbase news, Bermuda is accepting the USD Coin (USDC) as tender for paying taxes, etc.


A sign crypto is being more widely accepted as this market ages with the aim to move currencies quick and with low fees.


Meanwhile, Bitcoin fell in price so far today from around $8300 USD.


Sanze Profit   sent me USD yesterday in quick fashion operating for over three months. Another site I joined via Diversity Fund.



October 14th

Happy Thanksgiving Canada


In the NHL, the Montreal Canadiens with a few new faces are at 6 points out of a possible 10 in 5 games to start the season.  They look to improve on that point total tomorrow night at Tampa Bay.


Federal elections are heating up here in Canada with no clear winner in the polls at this time between the ruling party Liberals and the PC's.​ 


Bitcoin has gone from a near flat line in Trading for awhile to spikes like getting shocked from a pair of defibrillator paddles but mainly hanging on to where it was yesterday in price.


October Thanksgiving Sunday


Bitcoin had a spike in the last 24 hours to just shy of $8500 USD for an improvement in price. BTC is the 'original' coin and remains highest in Market Cap.


For those who are Bitcoin fans, could be good news to keep it's place as top coin where more big name sponsors of Facebook's Libra have dropped out such as Visa, MasterCard and eBay. As I mentioned yesterday, Telegram's GRAM is also on hold for now in the US. Unsure about Internationally at this time and

how it will play out with these two mega rich outfits is a mystery.


A rare time where being rich for the owners isn't opening the doors they want ... yet.


Everything after Bitcoin is essentially a copy cat in different forms and blockchain/ledger types with huge companies now like Facebook attempting to take over not only the crypto market place but cause ripples thru world banking in general. The reason governments are wrapping it in red tape and throwing up road blocks.


Back to the USD and  Diversity Fund  sent me a same day payment as I continue to build on my positions with that venture.


October 12th


Approaching mid October and the long Thanksgiving weekend here in Canada, the weather remains mild with more rainy days lately.


In crypto land, Outfits should now know they have to register in the United States when introducing a new coin or run into 'trouble' with the US SEC, specially being used as a security.


The US SEC is raking in a ton of cash in fines after investigating these type of crypto based businesses that don't go through the register process.


Telegram has a stop order now issued by the SEC where in the US alone, 1 billion of their token GRAM was sold. They'll have to pay a huge fine I'm sure and file the proper paper work, if they follow through.


Coinbase is all set to introduce the GRAM set for the 31st of October but there could be a delay now.


Just before that, 24 million dollars in fines in a settlement for Block.One and their coin, EOS. 


“We have repeatedly stated that issuers cannot avoid the federal securities laws just by labeling their product a cryptocurrency or a digital token. Telegram seeks to obtain the benefits of a public offering without complying with the long-established disclosure responsibilities designed to protect the investing public.”


Big Investor  revisited. The venture continues to send me Bitcoin payments to add to my gains. My usual approach is to fund with around 50% of what I get paid specially after I'm in profit.


October 10th


How things have changed with flying these days. When I used to book a flight, I know I was allowed two suitcases not over 50 pounds each and could pick my seat online or when I got to the airport.


These days, hmmm ... that flight is cheaper than it used to be. Great!


Before paying, I always go through the motions to see what the total is. When booking a seat, I clicked on the available window seat I wanted. Not happening until I pay a fee twice for going and coming. And, they don't have to honor that seat with no refund for the seat fees at the discretion of the flight crew. So, when you arrive at the airport now, they select a seat for you if you didn't pay the fee. If your a couple or family on a holiday, more than likely be sitting apart.


Ok, that's new and nuts. All luggage is also a fee. Pay going and pay again for coming back. Suddenly that cheap fare is not a deal anymore. Just to be aware so your not wondering why your getting triple billed plus the airport fees on top.


Apparently this has become a cash cow for airlines using this structure. The ol' hidden fees behind the initial price trick.


Bitcoin started moving up yesterday bring up other Altcoins with it. Looks good in the crypto wallet.


October 8th


Looks like Facebook is scrutinizing certain types of Biz's and the people who Admin/Monitor 'Groups'. Requesting information to see if all is kosher with them. 


Perhaps a cleansing on their part where the US Gov't continues to probe their operations since the past member data 'selling' issue came up plus extra pressure with their new coin 'Libra' launch that PayPal recently stepped out of as a 'backer'. Who needs unwanted government watchdogs and G Men sniffing around in their business    eh.


Diversity Fund  is nearing 3 years in operation this month. Only a hand full of ventures in that category can duplicate that milestone without a hitch.


​​October 7th


Starting the first full week in October, the crypto scene remains fairly flat still if your a Trader or bought Bitcoin when it was up around 10 grand USD until the 23rd of September when it went into a rapid decline in price.


Usually after BTC bottoms out, like it is now ... a 'Bull run' occurs driving the price back up but not happening this time. Because of this current trend, trading on exchanges is probably in lower volumes causing outfits like Coinbase (Coinbase Pro only) and Kraken to hike trading fees some. 


This caused some backlash on fee hikes from customers where trading margins are smaller for now and fees are suddenly getting higher, cutting into any gains made. Hopefully that will reverse soon for those involved.


I enjoy Trading but where there's an uncertainty where 'coins' are heading these days, I hold and wait.


October 4th


The NHL season is underway and My Boys, the Montreal Canadiens lost a close one in OT to Carolina to start their season. Gained a point and now off to Toronto to play the Toronto Maple Leafs next on Saturday.


Coinbase  is now offering an interesting option for US based members. Holding the stable coin, USD Coin (equal to 1 USD each) earns an interest rate of 1.25% yearly. The Coinbase Blog article 'Here' explains the details.


Works similar to a Bank, Yearly percentage, calculated daily and added monthly. Considering your average bank is around .05% per year.


October 2nd


The weather remains mild here in Nova Scotia where I can take off the light coat by mid day. T Shirt weather then until the sun goes down.


Bitcoin has moved up some to start October but that looks like a 'high' for now. Bulls and Bear in a tug of war these days.


This Fall ... in the crypto world, Bitcoin has a history of moving up at a steady rate in the fall but things are different this year. More legislation and the FOMO, Fear Of Missing Out needle is stuck on low in that scale for now.


In the Stock world, everything was going rosy in 2018 until last fall where an unexpected down market dragged down a lot of stocks depending on the category causing the usual panic selling. The rebound was quick though heading into 2019.


This fall, some may feel that fear coming on again and sell, not wanting a repeat but with the equities, the calm and those that ride out these dips come out ahead where a rebound has always happened.


But as always, that's based on history and may not happen  before Christmas.


Sept 30th


They had snow already out in Western Canada, Alberta area. The white stuff usually doesn't accumulate here until early January.


Ending September, Bitcoin had about a 20% drop in price during the later part of the month but seems to be staying above 8 grand USD currently. Hopefully a bull run comes early in October to boost the price.


So far, so good with my new and old ventures that I'm making some 'crypto' coin with.  Big Investor  has a new look and paying steady to date.


Diversity Fund  sent a USD payment my way yesterday.


Election campaigns are in high gear here in Canada. Start of an impeachment inquiry is in the news for Trump. I could see that coming. Lots of drama


Sept 27th


As I continue to add funds to my Bitcoin wallets, I'm watching the shaky price of Bitcoin. BTC seems to be 'bottomed out' the last couple of days and a upwards swing would be a welcome bonus but there's no hint of which way the price will go for now.


My Passive Trades  continues to earn me a profit and I withdrew Bitcoin today. It's not a fancy site, loaded with modern day graphics but get's the job done. Like always, it's about the management behind it. Thanks goes out to Diversity Fund for introducing it to me.


Sept 25th


After a chilly spurt here in Nova Scotia, it's been warm weather since last weekend.


Talk about chilly, the bottom dropped out of Bitcoin yesterday. That's cold man! Don't do me like that!


Looks like a 'BTC Lending' outfit called Bitmex and margin calls when Bitcoin began to drop a couple days ago is the main cause.


Investors selling to minimize losses on money owed back to Bitmex for the loans (margins).


Bitcoin owners didn't see that coming. Reminds of the stock market crash of 2008. Ouch! But, I got a feeling Bitcoin will bounce back once the lingering fallout fades away.


Now the wait for a rebound in price.


My recently added 'high risk' ventures are doing well to date. Gov.Bid , which I'm in profit with sent me Bitcoin yesterday and I entered into more contracts today.


Sept 22nd


With the Fall comes the start of the NHL season ... Oct 2nd while the teams ready their rosters and play some pre season games. My Boys, the Montreal Canadiens are looking good so far. See what the new season brings.


Bitcoin continues to look like it has two flat tires but again for person to person transactions, ideal where it's hovering around the same rate lately.


Diversity Fund  sent me USD today as I continue to purchase and withdraw with that long term venture.


Sept 21st


On the USD sideSanze Profit, I funded via Diversity Fund, completed a quick withdrawal today.


Sept 20th


It's TGIF and folks looking for a Bitcoin breakout continue to wait while the coin hovers above the 10 grand USD range after the highs and lows of the day.


MeanwhileBig Investor  continues to send me payments to my external Bitcoin Wallet


Sept 17th


We are over half way thru September and the leaves are slowing turning with the first day of Fall coming on Monday.


I was poking Bitcoin with a stick to see if there was any movement or just hibernating. These low fluctuations seem to last longer than before with sudden spikes up, followed by an eventual sell off and a drop in price.


On a positive note, the 'coin' remains fairly stable this past week for peer to peer transactions, which BTC was originally created for.


When making 'Trades' with BTC - USD, I remain patient and wait for that gain to happen. Eventually, some event will cause folks (usually Whales) to kick it off. Or they are looking for action and some will start the ball rolling.


Sept 14th


Halifax continues the clean up after hurricane Dorian passed through here last weekend. There are still some uprooted massive trees to remove in the downtown core and a major street remains closed as removal of a toppled crane onto a building is underway.


The forecast for Bitcoin is for an 'up' breakout of it's pattern the last week. See if that becomes a reality. Meanwhile, I made gains yesterday in BTC 'day trading'.


The Pit , run by Blockchain.com now has 17 trading pairs and folks who register get 30 days of free trading. Nothing difficult about it. I watch the on site chart and when busy, the price on CoinDesk. Buy low ... the goal is to sell high on peaks of the day, when possible. I like the 'Trading View' site as well for additional information and other Trader perspectives.


Federal elections started in Canada last week with the usual campaign jabs at leaders of the parties.


Sept 11th


Bitcoin is in a phase again which is akin to entering a fog bank with a boat and no compass. Which way will it go? Some early predictions showed below 10 grand that did happen today and others, a bounce back to the $10,300 USD range looking more likely at this point.



Sept 9th


In the wake of the Hurricane Dorian, there's quite a bit of damage in the central and south end of Halifax while power continues to be restored in grids. By mid week, things should be back to normal but there's still cleanup to be done from uprooted trees, damaged buildings, houses, vehicles, etc.


Meanwhile,  Diversity Fund  paid me in USD, soon to have 3 years in operation. I further added to my profit with  My Passive Trades  with a Bitcoin payment. A venture I joined via Diversity Fund.


Sept 7th


I've been keeping an 'eye' on the hurricane, Dorian. Top news today here in Nova Scotia as it will make landfall

near the Halifax area late afternoon or evening. Powerful and damaging winds plus heavy rain will pick up steadily until sustained winds for awhile, (100 km/hr +) until early Sunday Morning.


I'm expecting the power to go out for several hours here from trees falling across power lines, flying debris, etc.


Bitcoin is having some good 'peaks' lately. Ideal for Traders that like bigger than normal swings. Whales are playing where two transactions of 3/4 of a million USD and a crazy 1 billion from a single Bitcoin address have a bigger impact on the price of BTC than normal trading volumes.



Sept 4th


After ravaging the Bahamas, the first major hurricane of the season, Dorian is making a path for Nova Scotia. ETA is Saturday with lower wind speeds but still capable of causing damage and periods of heavy rain I'm sure.


Gov.Bid   completed that Bitcoin send to my external Crypto Wallet on the 2nd and that puts me into profit with that site. Currently, I have 5 contracts in various stages of countdown to expiry.


I'm always interested in the developments with the Wallet providers/Exchanges I hold my crypto 'coins' in.  Blockchain's  latest addition, besides buying into additional sites that they see are doing well, their new Trading platform called  The Pit   ... has already had a wicked 41 million downloads of their 'App'. 



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