Member Info for JiffyBag

BewaretheBrokers,

It has been a long held annoyance of mine why on earth we PI's are not allowed to know if a trade is a buy or sell, we have the the dam technology asfaic, so why the F---k do they the institutions not want us PI's to know!!

And the answer is because we provide their bread and butter, and the FCA are useless and those in power think they can tread allover us. I. can see another Reddit group forming :O)

Rant Over!

Hi Schalf,

Re: 'If you have time go on utube the CEO of VISA is talking about having a method of currency to crypto and viser verser for those who wish to invest privately.'

This is where I think, eventually all financial institutions will want to join the party providing security and 'Proof of Ownership' can be guaranteed. A POO concept is something that Shayne Tan was talking about in one of his videos posted by LadyDec, it is the very Blockchain concept that provides POO!!

https://www.youtube.com/watch?v=4EHsqZ8RT1I

I have also read similar articles/thoughts on investing.com

If security can be achieved via use of the blockchain concept, I can see a greater adoption of crypto/blockchain not just in the West but in Asia as well. The only potential kickback that I have seen so far, is the banning of crypto trading in China, and now Hong Kong, ( CCP trying to control individuals wealth but they are still willing to allow high net wealthy traders to participate, somewhat ironic yes?) but overall the genie is now out of the bottle, and it will not be going back.

Folk will try and find a means of cutting out the middleman , ie huge financial institutions, eg what does it cost you to send money abroad? quite a large fee at present.

This fee will be diminished over time and the financial institutions recognise this, but they will have to embrace it and take just a smaller fee but with an increased volume of transactions will profit.

They either sign up or face a reality of reduced profits etc.

That's the way I see this playing out.

Hi Schalf,

It's been fun watching the day to day trading and accumulation exercises with some large trades over the past 2 weeks.

I'm just going to take a laid back approach for now until licence award all being and other plans the directors may have on the use of the blockchain concept because it can be used for so many other applications, I'm still learning.

Hi Buy/Sell,

Step1. Was the incorporation of Fintech Ltd on the 01/02/21, Tick
Step 2. To apply for the API licence which I would imagine is currently underway, but can take up to 3 months providing all information is given.
https://www.fca.org.uk/firms/apply/authorised-payment-institution-api

'How long it takes

We should acknowledge your application within 7 business days. A case officer will then be assigned to your application, to assess the information provided and make a determination.

We will make a decision on your application within:

3 months of receipt (if we have all the information and evidence that we need), or
12 months (if your application is incomplete) '

Personally I don't think an RNS will be issued to say the application has now been submitted , that's my opinion but others might have a different views as the company has already told us.

He's no guru, he has multiple accounts,,, RiskReapReward etc, take note, just one massive uneducated Ramper!

Just a guess of course :O)

Hi PP,

Whats your prediction for the SP on approval of the FCA API licence, mine is circa 6p.

Nightbird syndrome, going up soon and and then awake to miss the early morning price gyrations :O)

LadyDec, just ask Shane or Jack et al, when they plan to update their company website as we are all waiting, that question does not and should not fall within a regime of inside info:O)

I think they owe us that much, for now at least.

If I was in charge, the website would be No 1 priority!!

Then all being well we will have an API licence issued in the UK , plus further contract awards for Data centres plus a clear strategy on how TSG plan to exploit their Blockchain technology.

LadyDec, just ask Shane or Jack et al, when they plan to update their company website as we are all waiting, that question does not fand should not all within the regime of inside info:O)

Thanks Hydrogen, maybe time to get an updated BB terminal perspective, and while your at it can you get one for me re EUA :O)

Hydrogen, thanks for reply.

But they the 'Buyer' not have to report buying in 1% chunks?

Hydrogen,

Re 10% theory of yours etc, surely we would have by now seen a TR1, or at the very least by Friday?

@Tigra,

My comment was made in jest, that word always reminds me of the unmentioned film. Anyway whatever the eventual outcome, I reckon no one will lose out in the long term.

Tigra,

When you mention the word 'Steerage' what famous Hollywood film comes to mind? :O)

@Caravanboy...Tr1 inbound. And aggressive takeover imo.

Absolutely zero chance of that, the free float is far too small, the directors inc Jack Bai investment vehicle hold some 67% of all the shares!

My take, more than likely a same day scenario as today, until we see an RNS re approval of the API licence then no further movement, unless we see a new contract award or a defined updated business plan, the award of an API licence for me will be the only game changer in providing an upward movement in the SP.

All of course IMHO.

Hoochy,

Yes of course they have, you might have to join the que of course but that's normal at the moment, other dealers like Atkinson are good.

Eg, Silver Brittania
https://www.royalmint.com/invest/bullion/uk-coin-ranges/britannia/silver/

Yogi,

If I were you I'd find a better broker, and transfer your ISA say to either interactive investor , IG, AJ.Bell , etc.

Hoochy,

From the Royal Mint:O)
'Soaring Demand for Precious Metals Affects Stock Levels

Investing in gold, silver and platinum has never been more popular and we are experiencing unprecedented demand for our bullion coins and bars.'