Spreadsheet Ranger

It’s August, so this means it’s time for our second triannual update! We published the first update in April, and are excited to continue this new tradition. This post is long, but read on if you want to understand Sia’s amazing progress over the last four months and our goals for this year https://blog.sia.tech/sia-may-august-2017-update-8929f21c56f7

Is Moneyweb being bought over? === You’ve got shares in Moneyweb Holdings Limited – listen up, we’ve got important news. You have qualified to the Scheme of Arrangement between Moneyweb and its shareholders in terms of which African Media Entertainment Limited (AME), a listed company, will acquire all of the issued share capital of Moneyweb (excl shares already held by AME and treasury shares) for the scheme consideration. The scheme consideration is R0.26 per Moneyweb share held OR 1 African Media Entertainment Limited share for every 250 Moneyweb shares held. All conditions have been fulfilled and the scheme has now been declared unconditional. What does this mean for you? You will have to sell your Moneyweb shares for one of the options mentioned above. Once the scheme has been concluded, Moneyweb will delist from the JSE. Here’s how the Scheme will affect you: • You will no longer be able to trade Moneyweb Holdings Limited shares from Wednesday 16 August 2017 as the shares will be suspended from trading on the JSE. • On Monday 21 August 2017, we will close out your Moneyweb Holdings Limited shares and allocate your entitlement based on your election. • The listing of Moneyweb Holdings Limited shares is expected to be terminated at the commencement of business on Tuesday 22 August 2017. Let us know if you would like to receive the share option by clicking on the button in the election section below. You need to do this by no later than 10AM on 17 August 2017. If you would like to receive the cash option, you don’t need to lift a finger! The cash option is the default option which means you would automatically receive the cash.

To be honest, I expected their share price to hit 50 cents at least. So I guess it will be some months or the next update that will spur the price along. I own the shares, so very happy for this of course.

Which shares? Sygnia?

Anyone here owns Purple Group shares?

I am happy! Of the lot, Sanlam was always a favourite of mine.

I see Sanlam is buying 30% of EasyEquities. Let's hope they don't royally screw it up when they take it over one day.

3 day weekends would be life. Why doesn't SA have that again?

Oh wait. I'm off till Wednesday hehehehe Try again Satan.

Dammit James!

Ahhh man, that sucks.

I'm in a cabin, here's no TV. What happened to bolt?

It's after hours...

In 22seven's defense, you see all those expenses and incomes Interest SMS charges Unit trust performance Smart shopper points. It's very thorough Sent from my SM-G920F using Tapatalk

One thing I don't understand though is how that backup key relates to the different wallets inside Jaxx. Surely that key won't be the same for all the wallets inside Jaxx, so Jaxx must be storing the private keys elsewhere.

Bitcoin hitting R58k Hodl!

Lel! I suppose this thread will be manned after hours if I post a drunk update at 2am tonight.

How long until the mainstream adoption of Bitcoin? I tried my best to transcribe the video: [video=youtube] How long will the adoption reach out until you have mainstream adoption? Well let's look at the previous revolutions and money, in the sixteenth century there was this radical proposition to replace gold with gold certificates written on paper and if you think people find Bitcoin weird imagine the time when they told them Gold is no longer the money bits of paper are. Right, you got to be kidding so that idea was so radical it took four hundred years until it became broadly deployed in mainstream society. The next one in the 1950s was credit cards right and so with credit cards people were now told the pieces of paper that have the government seal on them are now pieces of plastic that have a company number on them and that's it, but don't worry you'll get paid eventually. It took almost 50 years for that to become mainstream, you really started seeing it around the middle of the 1980s and I remember as recently as the early 90s in most places in Europe you could have paid with a credit card anywhere right I remember coming back from the United Kingdom as a student and visiting Greece visiting Italy visiting Spain with my brand-new Visa debit card and boy was that a disaster because I couldn't use it anywhere. So 400 years for the first,150 years for the second one. I think we can do Bitcoin in less than 15 maybe 20 we're going to see broad adoption of a form of digital money that will be based on a shared open borderless cryptographic ledger. Whether it's called Bitcoin or something else I don't know but it will be broadly based on those ideas. We're in a race and the reason we're in a race is because governments around the world are trying to ban cash and take us into a different digital currency system a digital currency system with complete surveillance where the government's and the banks are completely in control where when you go to the wrong protest participate in the political party they flip one bit in the database and you no longer exist as a person you are outside of the economic community bye-bye can't feed yourself good luck. I don't want that future so we'd better get our asses in gear and build some Bitcoin solutions faster but 15 years I think we can do it the good news is we don't need to build out the infrastructure the Internet is already there. Okay so to be really popular and to be successful in mainstream it has to rise in value to match the capitalisation of Fiat that's not a cause that's an effect it adopts it gets adopted it rises in value it doesn't get adopted because it's risen in value it rises in value because it is adopted. Yes, I do expect that the system of Bitcoin will be unbalanced, so the question was “do you think it's going to be unbalanced?” Bitcoin has a not very particularly good Gini coefficient and so what that means is that the Equality of ownership is quite diverted is not as diverse as it should be or it could be I think that's primarily because of the way it grew. Any solution you know I'm not going to pass judgment because to me the idea here is that you have a system of wealth where people who took enormous risk on a completely untested technology because they saw the vision that this technology created will become rich which is a far better basis than my grandfather killed a hell of a lot more people than your grandfather which is the basis of wealth we have in our society today that is the truth now if Bitcoin goes to zero are you going to bail out the people who have a lot of Bitcoin I didn't think so, so they still run the risk all of us do who are invested anybody who's invested in in Bitcoin is running an enormous risk that they will lose their entire investments and whatever time we've invested into these technologies right could go away tomorrow right that's part of the risk no risk no reward and nobody's coming to bail out Bitcoin. Right so from that perspective I think that's earned wealth in a way that is much more true from any other aspects of society so I think it's the most equal system no but I don't think Bitcoin is going to be the only system we create bitcoin is a testbed yeah sure lots of people may become rich on Bitcoin but there will be other cryptocurrencies there will be other decentralized Ledger's and broad adoption doesn't mean just Bitcoin it could be a completely different system that's built from scratch and much more equally distributed in fact if you think this is a big problem start writing the block change that will be more equally distributed and bring it to the world bitcoin already gives you the recipe I'll take you.

you need better skype friends.

He might not be the P you wanted, be his the P you needed. Where is @purply it's a Friday ffs.

Strange open on the ALSI

That is called click bait with a bit of truth because the newsletter has a thread about your dumbest investment and it has a thread about cryptro currencies. - In reality unrelated, in marketing - inviting.

That and my ETFs is all that is doing good. I just want Sygnia to get with the program now, down almost 30% at this stage.

Again that word "Alleged" Here he is on record admitting he slapped her.