Cryptocurrency regulation in the UK: is Bitcoin legal ...
Cryptocurrency regulation in the UK: is Bitcoin legal ...
r/Bitcoin - Attacking Bitcoin in the UK: Offences under ...
Consumer Rights Act 2015 - Legislation.gov.uk
US Lawmaker Introduces Crypto-Currency Act ... - Bitcoin News
Bitcoin Wallets Law – International Cryptocurrency ...
Online gambling legislation and regulation. Starting your own gambling product.
Mobile gambling If you plan to develop an app with the ability to deposit and withdraw real money, then such a product automatically falls into the category of gambling and you will need to license your business for successful operation. Mobile and Web Based Apps So let’s talk about the different kinds of online gambling apps available on web and mobile. We’ll be covering both free-play gaming apps and real money casino app games you can find for iOS, Android devices and web browsers. Mobile gambling is more common for poker, casino, bingo, and skill games. They have advantages in terms of a low barrier to enter the market, instant liquidity, product knowledge, and marketing expertise, minimal infrastructure costs, and the ability to bring a brand to the market quickly. Consequently, this form of gambling does not sit neatly with jurisdictional boundaries. Multiple gambling opportunities are available, including betting on various events and markets, in a relatively simple format. Gambling products can also be integrated into betting on television shows or virtual racing and sports games as well as offering lotteries, bingo, poker and casino games. Most Popular Gambling Apps Sports betting, casino, poker and lotteries are the most popular forms of online gambling. However, other forms are available too. These include the following: Bingo, slot machines, different card games, roulette and other game of chance. One of the best things about online gambling and betting apps is the number of choices you have.
Betting means making or accepting a bet on the outcome of a race, competition, or other event or process, the likelihood of anything occurring or not occurring, or whether anything is or is not true. Today most sports betting is done via mobile-friendly sites and apps.
Today most sports betting is done via mobile-friendly sites and apps.
The introduction of live betting for sports like soccer and tennis means that bettors who are sitting inside stadiums watching games can now pick up their mobile devices and find real-time betting value with the best sports gambling apps. This has really unlocked a door to the future of sports gambling and the popularity of online gambling apps.
Many sites offer free poker, where no real money is wagered, although in some cases players can accumulate credits that can be exchanged for prizes. This is the case why people are going to play for real money. There is an ongoing debate over whether poker should be classified as a game of chance or skill. The parameters of legal poker playing are still unclear and differ between jurisdictions. Since you are not gambling with money, I’m pretty sure under the law it’s just a video game for now.
Blackjack is the game of choice to many high-rollers and do you know why? Because blackjack is a challenging, logic and skill-based game where your thinking, strategy, and calculations determine the outcome of the game.
Bingo is one of the most popular and socially accepted games in the world. Bingo is a traditional form of gambling that has seen considerable innovation in recent years. It is also the only form of gambling recognized in the Gambling Act that does not have a specific statutory definition, the Act providing simply that “bingo” means “any version of that game, irrespective of by what name it is described”. Bingo must be played as an equal chance game. For game to be classed as “bingo” it must meet the Act’s definition of “equal chance gaming” (as opposed to casino gaming). Thus, it: must not involve playing or staking against a bank, and must be a game in which the chances are equally favorable to all participants in the sense that each ticket or chance has the same probability of success as any other. Licensed bingo is a well-regulated and socially responsible form of gambling that takes place in a safe environment. Many sites offer multiple forms of bingo with different features, types of games, and costs of play. These sites often cater specifically for women and some research suggests that they may appeal to markets who would not typically engage in traditional forms of gambling.
Slot machine is one of the most beloved game among the gambling community and it has been a part of the industry for a long time. They provide fun and entertainment and their simplicity allows gamers to start playing at once. This can play out in different ways depending on the machine you’re playing. For instance, there’s Pick a Fortune, a five-reel, 20 line game that puts players right in the studio of a television game show, including the potential to play a Deal or No Deal-style bonus round. A super trend over the past few years is mobile-friendly slot games. These apps and websites were developed to enable players to enjoy their favorite games on their smartphones at any time. Another dominant slot trend is licensed branded slots that are based on popular movies, television, and musicians. Virtual Money vs Real Money Let’s find out the difference between social gambling and real money gambling, as well as the differences between gambling through apps and gambling through a web browser. It can be quite confusing trawling through all the casinos, slots, and lotteries available, both through your mobile web browser as well as through mobile app stores, in the form of downloadable apps.
The main difference between virtual money and real money gambling is that the in-game virtual currency in social games and gambling-type games is used only like credits that are not paid out as winnings or anything given to player in cash, making these games exempt from gambling regulations.
Virtual money is loaded on user game accounts via in-app purchases in mobile applications or the game balance funding from a card via web based applications.
Real money gambling
Real money gambling via your mobile device is only allowed in countries where laws have been passed that allow for this type of gambling online, or there are no laws in place that prevent it. The payment systems are the legal way of services payment in the gambling app, performing as the intermediary between the gambling facility and the client. With their help, users replenish deposits and withdraw funds to personal accounts in financial institutions. If the application uses the payment system of a well-known brand, that gives players additional confidence in the resource. Nowadays, there is a wide range of payment systems, some of which operate all over the world, other systems are oriented towards the citizens of one or several countries. A number of services accept money of different world currencies, while others allow currency transactions of one state only. What is an Online Gambling Licensing The internet has a global audience, there’s no single piece of legislation that covers the legality of online gambling for the entire world. Mobile gambling doesn’t typically accept customers from every single country in the world. It often focuses on certain specific regions.
Instead, most countries have their own local laws that deal with the relevant legal and regulatory issues.
Ultimately, questions of legality all go back to the location of the casino or where the website operates out of. In closed regulatory systems, such as Italy, France, and the Netherlands, licenses, and advertising rights are limited to domestic providers, which must be located within their country’s geographical boundaries and these are only permitted to offer some types of products. Some jurisdictions, for example, Norway, Sweden, and Canada legalize and regulate online gambling, but this is limited to a single site that is owned by the government. Under such an approach, the government becomes the operator and regulator and all revenues are returned to the government. Remote gambling is generally permitted. That means that an operator that is licensed may provide gambling services to citizens in the country via all forms of remote communication (and using equipment that may be located in the country or abroad). Equally, a remote operator may be licensed to offer gambling services to citizens in any jurisdiction in the world using equipment located in the country. The law provides that, for each type of gambling (betting, gaming, and participating in a lottery), there will be two forms of license available: remote and non-remote forms (land-based). If you provide facilities for remote gambling, online or through other means, and advertise to consumers you will need a license from the licensing jurisdictions or local licensing authorities. Before an online gambling site signs up its first customer, before it accepts its first bet before the first card is dealt, it must be licensed by a recognized governmental entity.
Certain regions in the world have specific legislation in place that allows them to license and regulate companies that operate online gambling sites or provide industry services (such as the supply of gaming software). These regions are referred to as online gambling jurisdictions or licensing jurisdictions.
Depending on what type of entertainment you are going to implement in your internet establishment, you will have to apply for the corresponding permissions. Online gambling laws in Europe vary from one country to the next. The industry is well regulated in some countries and less so in others. There are several online gambling jurisdictions located in Europe. Some of these are members of the European Union (EU), and thus subject to the various rules and regulations of that body, while others are independent. Each of these jurisdictions has an authority that’s responsible for approving gambling sites for licenses that enable them to offer their services legally. They also regulate their licensees. Countries that Provide Gambling Licensing Today there are lots of licensing jurisdictions located all over the world and offering different terms for their customers. Depending on the country, licenses can be local, international (distributed in several countries), have a different set of documents for registration, costs of registration and further support, various operating conditions and other special details.
Which gambling license is both internationally recognized?
The government of Ireland offers casino operators, software, and service providers in the gambling industry, with a gambling license that allows gambling operators to conduct business related to casino, lotto, and other gaming-related activities. Ireland Gambling License is one of the most popular license for online casinos worldwide. Ireland has long been recognized as one of the preferred locations for Online Gambling operators to base their operations. This success has been due to a combination of factors, such as a progressive legislative system, political stability, first-rate telecommunications facilities, and a well established financial services industry. A wide range of gambling sites operates out of Ireland including sports betting, casino sites, poker, bingo, and more. In stark contrast, the UK is the largest regulated market for online gambling in the world, and corporations are already comfortable exploiting the intersections of gambling and gaming, betting in-play, social gaming, Bitcoin, financial trading and spread betting, betting exchanges, e-sports and, most profitably, mobile gambling. 40% and 60% of online gambling in the UK took place in Gibraltar.
Europe is home to the following online gambling jurisdictions: Alderney, Gibraltar, Isle of Man, Malta. Malta is currently the country that is most accommodating to gambling companies, and the license offers whitelisted online gambling in sports and casino games in many European territories. But takes an extreme amount of time in paperwork and background checks. Also, you pay 5% of all your gross profit to the EU.
Among countries offering gambling licensing services, the attention should be paid to Curaçao jurisdiction, which is considered to be one of the most promising for the online gaming business.
Curaçao Internet Gaming Association (also known as Curaçao eGaming) is both a regulator and a licensor, and its licensing works worldwide except Curaçao itself, USA, France and Netherlands. Using Curacao as an example, let us examine in detail the process of obtaining a license, the necessary documents and expenses. How to get a License on Curaçao
Documents necessary for company registration:
bank account confirmation;
documents proving payments for utility services.
After the company is registered, an operator can apply for the license providing the following documents:
a document certifying the right of domain possession;
description of games planned to be used in the project;
a list indicating countries of potential operation;
illustration of server locations to be used in the project;
a copy of the agreement with a software provider.
Gambling license cost:
Bank account opening $1000
Company registration $3600
Company management per year $3600
Application processing fee $1000
License fee per year $4800
Equipment/software fee starting from $1500
Server maintenance per year $6000
Apart from that pay for technical support and maintenance every year. The entire license issuing process takes between 2-4 weeks. Curacao Internet Gaming Association (CIGA) also has the power to review a license and, if it finds that an operator has breached a license condition, has the power to impose a range of sanctions including revocation of the license. Apple and Google Gambling Rules You’ll be surprised at the limited number of real money gambling app options available on the AppStore and Google Play Store. Most real money casino gaming is done through gambler’s mobile web browsers and not through mobile gambling apps that you’ll find for iPhone and Android phones. Apple allows online gambling applications in a few forms, and not just in places where it is explicitly permitted. They do not allow any payments through the applications – those have to be done on the websites. Apple has far stricter developer guidelines for iOS apps than Google does for Android apps, so it’s fine to assume that whatever you choose to download from iTunes is usually safe, secure, and meets a certain standard.
Any real money casino in the iTunes app is required to have proper licensing and permissions before Apple will approve the app for use or downloads. While Google Play is technically regulated, it is much more loose in what can be hosted.
Gambling, gaming, and lotteries can be tricky to manage and tend to be one of the most-regulated offerings on the App Store. Apple has rules for apps that support real money wagering, including sports betting and poker. Those apps and lotteries must have necessary licensing and permissions in the locations where the App is used, must be geo-restricted to those locations, and must be free on the App Store, and Apple rate even simulated gambling apps as appropriate only for users 17-years-old and up.
Google keeps the reigns tight. To be able to successfully upload apps to the Google Play store, developers need to have a valid license for the specific countries they are targeting and comply with their regulations. The app must be free to download and must prevent under-age users from gambling in the app. As a final precaution, all gambling apps are required to display prominent information regarding responsible gambling practices. This brings its policy in line with the Apple App Store. Countries where gambling is illegal It is also important to remember that while gambling is growing rapidly in many places, in others it is totally or partially prohibited. As well as in the majority of the US, sports betting is illegal in India, Pakistan, and China, three of the largest gambling markets in the world. Most countries have rules against gambling. Almost all Islamic countries prohibit gambling of every kind, but many turn a blind eye to online gambling or simply do not have regulations in place for this grey area. In the United Arab Emirates, however, any kind of gambling is prosecuted. National lotteries are the only legal forms of wagering on the Asian country’s mainland. Cambodia, North Korea strictly forbids online and offline gambling amongst its own citizens but allows tourists to participate in these activities. Qatar is the strictest country of all when it comes to gambling laws. All forms of gambling activities are considered illegal, and even sports betting is not permissible. Starting your own gambling product Numerous online casino platforms in the market offer fantastic casino games like bingo, poker, roulette, and many more.
If you have an idea, but don’t know where to start, we advise you begin with a Minimal Viable Product (MVP) to pilot your proof of concept for investors. MVP spotlights your core features and lets your investors know there are bigger and better things to come.
For MVP you do not need a large team, just a few people are enough to create a fully functioning prototype. In the case of successful numbers of your prototype, the further development of a full-fledged product will require more team, resources and time, however you will be sure that your development and your costs will pay off.
Cryptocurrencies are a new asset that appeared only in 2009 with the first decentralized cryptocurrency – Bitcoin. The authorities of most countries haven’t managed yet how to develop its regulation, but there are already those who have introduced a strict prohibition against digital money, and those who have legalized cryptocurrencies in full. by StealthEX Today we prepared for you the list of some of the most Bitcoin-Friendly countries, where blockchain technology is closely intertwining with the life of ordinary people.
The United States of America
From the very beginning, the USA has been one of the pioneers of building the crypto-friendly society. Not surprisingly the United States has the largest number of crypto users and the largest number of Bitcoin’s ATMs in the world. Today a lot of blockchain startups are working in Silicon Valley like BlockCypher, ThunderCore, Blockstream, CipherTrace, Cryptanna, MakerDAO, Coinbase and many others.
Canada can boast of two cities that are considered as “Bitcoin hubs” Toronto and Vancouver. Cryptocurrency itself is regulated by laws against money laundering and terrorism financing in Canada. In this country there is a very lively crypto community and many blockchain startups like Decentral, Vanbex Group were launched here. Nowadays thousands of organizations accepting BTC and other cryptocurrencies for payment are located in Canada.
The United Kingdom
The UK is considered one of the world’s leading financial and innovation centers. Therefore, in this country, there are also numerous blockchain-related projects. The United Kingdom is sure that the popularization of a new payment solution is inevitable and now preparing for the massive adoption of cryptocurrencies. Nowadays you can easily order a pint of beer in some local pubs and pay for it using BTC. Moreover, the Bank of England is closely monitoring cryptocurrency technologies and even asked the public to put forward ideas on how to improve their monetary constitution. Currently, Bitcoin is regarded as “private money”, where VAT is collected in the usual way from suppliers of any goods or services sold.
This country can be proud not only for being Bitcoin-friendly but also for having its own “Bitcoin City” called Arnhem. Here, almost everything can be purchased using crypto coins, including gas, housing, bicycles, and even dental services. At the legislative level, cryptocurrencies are not yet regulated in accordance with the Dutch Financial Supervision Act, and as a result, numerous blockchain startups and even the Bitcoin Embassy in the center of Amsterdam have occurred. In addition, the country’s banking sector, including ABN AMRO Bank and ING, is increasingly considering blockchain technology as a way to improve their own system and reduce costs. Netherlands is a regular participant in conferences regarding the development of Bitcoin.
Many people believe that this is the birthplace of the famous Satoshi Nakamoto – the creator of Bitcoin. The country is the first and only one that has a proper legal system regulating the trade in digital currencies. Moreover, the authorities of this country are considering launching Japan’s own national cryptocurrency – digital Yen. Today Japan is of the largest cryptocurrency market.
In February 2018, the Government of Malta decided to support blockchain-related projects, cryptocurrencies, and ICOs. That’s why many companies are considering moving to this paradise blockchain-island. At the same time, Malta is one of the leaders in online gaming and there are many implemented projects that connect blockchain technology with the gaming industry.
Sweden is among countries that want to eliminate paper money in favor of 100% digital currency. The Swedish Financial Supervisory Authority (Finansinspektionen) has legitimized the fast-growing crypto industry by publicly announcing Bitcoin (and other cryptocurrencies) as a means of payment. Sweden is home to numerous blockchain-based startups, including Safello, Starflow, Norbloc, Strawpay.
Historically, Switzerland has always been famous for the level of its banking system and banking secrecy, so it is not surprising that the authorities of this country didn’t prohibit the circulation of digital currencies. This country has become a kind of “tax haven” for cryptocurrencies. That’s why many blockchain startups started here and organize the headquarters of their business.
This small country is also open to innovative technologies. The government implemented blockchain technology to the healthcare system, banking services and even management, allowing its citizens to be among the first to use municipal and state services via the Internet. With one of the highest levels of Internet penetration in the world, Estonia has a good opportunity to become cryptocurrency capital of Europe. All the listed countries have demonstrated their hospitality to cryptocurrencies. But of course this is not the comprehensive list and as the crypto community will continue to grow the more countries will be ready to use the advantages of blockchain technology. We will be delighted to know your thoughts on Bitcoin-friendly countries. Hit your comments below. Original article was posted onhttps://stealthex.io/blog/2020/05/22/bitcoin-friendly-countries/
Firstly, don't buy drugs on reddit (or even the clearnet). Secondly, CBD buds aren't legal.
2 things to get off my chest that eat at me most days I come to clear the modque. This is not a post to try and reinstate the rules, it is just some explaining. edit 1: Apologies for getting heated in the comments of this one, this post is the outlet for the festering rage that increases every time I read about someone being scammed or claiming CBD flower is legal. I'm normally pretty chill, I promise x edit 2: Adding some Q&A from the comments into the main body. Some of them I've included because they are good points that are a good idea to add, others are to stop others asking the same question. edit 3: you guys who previously thought CBD flower was legal, and have now changed your stance and agree with what I'm saying, you guys are the real MVPs. Whether you commented or not, you're the real homies fr.
Don't buy drugs on reddit, or on the clearnet.
On average, we hear of one person on this sub being scammed by another redditor (and sometimes a clearnet site) every 2 days. I'd hazard a guess and say most people don't message us about being scammed out of embarrassment (in hindsight). That's a lot of money being wasted, money that (given our average age) we really can't afford to just piss away. You know it genuinely makes us upset when we see someone scammed for a couple hundred quid. Not because it breaks the rules, not because the sub is at risk, but because someone has lost money they worked for and they are also encouraging the scammer to keep scamming. So, this is me saying just don't fucking do it. Business conducted without connection to the sub is irrelevant to us, and this post isn't to protect the sub or us. If someone is here vending through PMs there is a 99.99% chance they are a scammer. Imagine, right, you've got 10LBs of grass in 20 different strains in 3 different forms. You clearly have money through previous sales, and you're set to vend. Do you, a, frantically PM people through reddit asking you to buy through Wickr. Or, b, setup shop on a market and continue to build rep. Also, everyone who says they have a firrrrrrrre link (flame emoji x 10) who deals through Wickr you should message they are also a scammer. You will loose your money and your dignity. They will also have your address that you will more than likely be blackmailed with shortly after (which is also a common occurrence). Every person who's been scammed messages us the same way 'I know it's stupid and I know it was obvious they are a scammer but u/WorthlessPieceOfShit scammed me and here's proof.'. Hindsight is a bitch, so get some fuckin forsight and don't be a moron. Also, clearnet websites, don't even touch 'em. Instagram is like wading through a pool of shit to find a gold plated coin. Yeah the coin is there, but it is neither worth the trouble or time. It can be alluring to those who can't be arsed with learning to use the markets because of how easy it is, and then after the fact will justify why Instagram is better than any other alternative. Not only that, think of your OPSEC for gods sake. For those of you who struggle to keep your singular brain cell company who will still go on to piss money into the wind, if you contact us with proof that you have been scammed, there is no repercussion. Don't be afraid, we will only judge you in private ;).
Reddit Plug Comment Q&A
Q)So is there no way of finding a dealer on reddit? A) Wherever you look, you will always be able to find a source. If you attend your local female only 60+ chrrurch group for long enough you will find a lovely old lady who knows a guy who knows a guy who comes through. All I'm saying is that, as an amateur, you will miss the obvious warning signs of a scammer and with no way to verify legitimacy of a reddit plug (other than PGP) you will fall victim. I say amateur, because those who know what they are doing don't buy through a damn social media platform, unless they know them personally or have an exceptional circumstance. Q)So where do I find a plug online? You all talk of doing it but don't let up. or What market? A) Right, this isn't the place for this sort of question, and truth be told there isn't a reliable single outlet for it any more. However, the one and the only search term you need is DNM. With this single acronym, you have the full capacity to go out and research every single aspect of ordering safely online. Where to go, who to buy from, how to keep yourself safe. It's all out there and very easy to do/find. Like seriously. Just do the research, learn the shit, learn how to use bitcoin and tumblers, learn how to use PGP, learn it all (like we all had to) and you'll be up and running in no time. If you can't work it out, then you really should stick to street dealers. I don't say that patronisingly, I mean that if you can't work it out from there on your own, you will end up getting scammed or getting caught.
CBD Buds Are Illegal
Update: in another one of the usual shite and misleading responses to a petition our favourite home office shed some light on CBD products, too, and it's even more stupid than we thought:
In relation to industrial hemp, the Government has no intention of amending this policy. The Government operates a robust and risk-based licensing system to enable the cultivation of low THC cannabis (industrial hemp) from the non-controlled parts of the cannabis plant (i.e. seeds and fibre/mature stalk). Our policy enables the production of hemp fibre for industrial purposes or the obtaining of seeds which are then pressed for their oil. The cultivation of cannabis plants must be from approved seed types with a THC content not exceeding 0.2%. The ‘0.2%’ reference is used solely to identify varieties which may potentially be cultivated, within the scope of this policy. The current policy is in place to prevent misuse and diversion of the controlled parts of the cannabis plant, and currently, there is a large number of companies successfully operating under this industrial hemp policy. Home Office
To be honest this contradicts some of the laws quoted below, so it should be taken with a teaspoon of salt, but even so. End of update No, it isn't a grey area. NO, CLEAR don't always get it right. Yes, you can get nicked for it. Yes, it is illegal. Here is a link to the law in question. There are no 2 ways about it, CBD buds are not legal. Here is another supporting sheet, and whilst it is produced by the government, it doesn't serve as a legal document, moreso advice, so take that with a pinch of salt.
Home Office policy provides that licences may be issued for the cultivation of cannabis plants with a low tetrahydrocannabinol (THC) content for the production of hemp fibre for industrial purposes or the obtaining of seeds which are then pressed for their oil. For both of these uses, licences are granted to enable the use of non-controlled parts of the plant (i.e. seeds and fibre/ mature stalk only). This policy is only applicable where non-controlled parts of the plant are used. There needs to be a defined commercial end use and the Home Office only issues licences for cultivation of plants from approved seed types with a THC content not exceeding 0.2%. The ‘0.2%’ reference is used solely to identify varieties which may potentially be cultivated, within the scope of this policy, and to differentiate between the fee level is applicable under the Misuse of Drugs (Fees) Regulations 2010. The Hemp (Third Country Imports) Regulations 2002 also require, except in specified circumstances, that hemp from ‘third countries’ be imported under a licence an
Oil, tea, handbags and shampoo can be made from industrial hemp, and the plant that they were made from may contain low levels of THC and contain CBD as long as they are produced by licensed peoples. Flower, however, is not legal under any circumstance. Theoretically, completely THC and THC-V free flower would be un controlled (legal). But that is impossible by current standards, and doesn't exist (yet). Every CBD heavy plant has atleast trace THC(-V). The bulshit 0.2% rule that ill-informed people and love toting is nothing more than the number that allows a company to grow that plant under license, and for that plant to be grown for industrial use. Nothing else. Feel free to also brows 2001s misuse of drugs act in which you find nothing contradictory of the above. So please, for the love of god, stop hounding us and eachother over whether it is legal and why you think it is. If you can provide me with proof of the contrary, I'd love to see it, and would happily change my stance.
CBD Flower Isn't Legal Comment Q&A
Q)What do you make of this? Specifically "The law states products ‘derived from’ industrial hemp can be exempt from the MODA if they have been ‘processed’ and contain less than 1mg of THC or CBN." I always thought that was the loophole or grey area, that it is considered a processed hemp product by way of drying, curing and trimming, but I've not spent all that long looking into it and I'm not at all qualified to comment, I'm certainly not a legal professional. A) Interesting point, and an article I hadn’t seen before. Here is the government fact sheet they are referring to, in which it states: 'An “exempt product” means a preparation or other product consisting of one or more component parts, any of which contains a controlled drug, where— a) the preparation or other product is not designed for administration of the controlled drug to a human being or animal; b) the controlled drug in any component part is packaged in such a form, or in combination with other active or inert substances in such a manner, that it cannot be recovered by readily applicable means or in a yield which constitutes a risk to health c) no one component part of the product or preparation contains more than one milligram of the controlled drug or one microgram in the case of lysergide or any other N-alkyl derivative of lysergamide.' Do you mean to tell me that they prepare the CBD buds half a gram at a time? Not a chance. So that breaks rule b. So CBD if prepared in a quantity above half a gram (at any point if it was in contact with more than half a gram) , even if it is broken down into grams to sell). There will not be a single place that picks half a gram at a time, prepares it and then packages it in half gram quantities only. Thus, still illegal. And the products are advertised and meant for human consumption. So, still controlled under the laws i originally stated. Q)But it's legal under EU law, which we abide by, so that's where the grey area is isn't it? A) CBD flower isn't legal according to the EMCDDA, in fact they don't even distinguish it from high THC weed as far as legality. The only time Cannabis is Legal under EU law is if prescribed medically, be it THC or CBD strong. Even further, they only allow four brands of either to be prescribed: sativex, marinol, cesamet and bedrocan two of which are fuckin synthetic. Are you saying that the legality of regular weed is a grey area because is can be prescribed medically by the EU? No. Are you saying that because the EU allow it to be medically prescribed you can appeal in court? I should hope not. Further than that, the EMCDDA just set out the guidelines, i.e. if the country sees fit they can decide their own drug laws (such as in the case of CBD flower being legal in France and Italy, yet illegal in the UK). Source 1 , Source 2 straight from the horses mouth. Q)But it's sold in headshops, so it isn't your fault if you get caught is it? A) This just isn't true, I don't know how else to put it. Less you show me the 'if I didn't know it was illegal, it's not illegal law lol'. Just as a side note, why do you think Holland and Barret don't sell the flower, and only sell the oil eh? Cmon now use your noggin. Quite a few CBD shops have been raided too, so the fact that they exist isn't testament to legality in any way. If you're local corner shop sold ketamine in its sherbert packets, and you knew what you were buying, and it says ketamine on the reciept, you're still getting nicked for having ket on you regardless of whether you can produce a reciept to say you bought it at a shop. Just because the shop gets nicked, doesn't mean you don't.
Sorry For The Rant
Now that these two things are very clear, I can stop getting twisted over people getting scammed and just laugh as the information is here and clear, and I can link this post whenever CBD is being debated. The majority of you guys are sound, like really sound, and I know most of us would kick it if we met, so don't take it personally. Those who this is aimed at will know lol.
Adrafinil vs Modafinil - The Definitive Reddit Guide
What is Modafinil?
Modafinil is a eugeroic – or, simply, a wakefulness-promoting agent – with a primary purpose of combating narcolepsy amongst suffers. Eugeroics differ from other stimulants because they are considered relatively non-addictive. This means that they do not cause the typical side effects experienced with most stimulants, like agitation and nervousness. Let us first discuss the chemical components of Modafinil. It is a racemic mixture, and such mixtures have equal amounts of left- and right-handed enantiomers. Enantiomers are the two forms in which large numbers of chemicals exist. Both forms are chemically and structurally identical, yet are nevertheless mirror images of the other. In other words, enantiomers are the ‘left’ and ‘right’ versions of a drug. These are called S and R enantiomers. One enantiomer is typically responsible for the majority of a drug’s effects, while the other can contribute to those positive effects. In other cases, the less dominant enantiomer can cause adverse side effects, or it be inert. Interestingly Modafinil Most racemic mixtures are balanced equally. This means half of the mixture is ‘left’ enantiomer and the other half is ‘right’. Modafinil is an equal combination of its S- and R- enantiomers, meaning that both have a psychoactive function. Just as you sometimes need two hands to do a job correctly, Modafinil uses both of its enantiomers to provide the ideal effect on body and mind. Preliminary scientific evidence has found that Modafinil works through histamine signaling. This phrase might indeed baffle you if you aren’t familiar with biological terminology. What this essentially means is that the histamine receptors, found for example in the central nervous system, are provoked. Michael J Minzenberg and Cameron S Carter’s journal provides ample scientific research on Modafinil’s neurochemical actions and effects. Histamine acts a neurotransmitter, a chemical substance which is released at the end of a nerve fibre by the arrival of a nerve impulse. Neurotransmitters affect the transfer of the impulse to another nerve fibre, muscle fibre, or some other structure within the body. Modafinil enhances histamine activity by stimulating the central system. This increased activity therefore impacts other nerve fibres/muscle fibres in the body, accounting for its ability to stimulate a fatigued body. As well as fighting tiredness, Modafinil also improves general mood and well-being amongst users, with positive improvements seen with mental focus, analytic capability and memory recall and retention. Britain deems Modafinil a prescription-only drug. In America, meanwhile, Modafinil’s brand name is Provigil. It is considered a scheduled drug, meaning that it necessitates a prescription in order to obtain it legally.
What is Adrafinil?
Adrafinil is a pro-drug to Modafinil. This simply means that supplementation of it increases concentrations of Modafinil in the body. The liver changes Adrafinil to Modafinil. Similarly to Modafinil, Adrafinil’s cognitive benefits are enhanced by noted improvements in day-time alertness, motivation, mood and energy levels. It also does not generate the irritability, anxiousness and nervousness routinely experienced through the use of other stimulants. Britain does not measure Adrafinil under the Misuse of Drugs Act 1971, a legislation that governs the regulation of drugs. This means that it is not regulated. Adrafinil’s legal status and nootropics in general, nevertheless remains in grey area. It is lawful for purchase by British residents, but only for personal use. In the U.S, however, the drug is currently legal and can be bought, prescription free, as an alternative to Modafinil. Though its manufactured moniker Olmifon was discontinued in 2011, Adrafinil itself can still be purchased easily online.
Why do they differ?
Modafinil and Adrafinil are two of the most popular stimulants available. Though both offer similar if not identical cognitive benefits, there are key distinctions between both. Chemically speaking, the structures of both drugs are very similar: Adrafinil Structure It is, however, with the body’s processing of each drug that differences become most apparent. Modafinil is processed through metabolic activity occurring mainly in the liver. Lesser contributions to the metabolising process are made through the activity of the enzyme cytochrome P450 (CYP). Cytochrome p-450 (often abbreviated “CYP”) is a class of enzymes that is involved in the metabolism of many medications and is located primarily in the liver. But, what exactly are enzymes? They exist in living organisms and catalyze specific biochemical reactions within the body. At the beginning of a reaction process, molecules exist called ‘substrates’. The enzyme converts these into ‘products’. All metabolic processes in cells require enzymes to react within the body at rates fast enough to sustain life. Adrafinil differs because it is changed into Modafinil in the liver. This means that it relies on greater enzyme activity to process correctly and efficiently. The conversion process of Adrafinil and Modafinil sees the former breaking down into the latter as a compound. This is how it is metabolized. Enzymes are relied upon more during the metabolic process of Adrafinil. As mentioned briefly in the metabolism of Modafinil, the enzyme involved in metabolizing Adrafinil when it reaches the liver is Cytochrome p-450. How quickly the liver is able to convert Adrafinil is dependent upon metabolic rate and the efficiency of the liver overall. Two people of the same sex, similar age and weight can take the same dose of Adrafinil but achieve very different results. In necessitating a more rigorous metabolism process, the most profound difference between Modafinil and Adrafinil is that the latter requires the greater use of Cytochrome p-450. Over time, if the drug is not taken cyclically, such enzymes can build up in the liver with potentially damaging effects on the organ as a whole.
Adrafinil vs Modafinil Dosage
For Adrafinil, it as advised to dose between 600 to 1200mg per day. It is further advised, as with the majority of supplements, to begin on a low dose, only increasing the amount after recognizing your own body’s reaction and tolerance. Adrafinil should not be taken in the afternoon and evening to prevent a sleepless night. Ideally, it should be taken 3 times a week and for no longer than five months. This is primarily to prevent side effects, tolerance and the build-up of enzymes in the liver. Examine.com state that Adrafinil’s recommended dosage range is vast, ranging from 600 to 1,200mg. BodhiSvaha on erowid.org explained their willingness to take both small doses and larger ones of Adrafinil:
After extensive experimentation with dosage, I have settled on taking 300mg when I wake up and another 300 mg in the early afternoon. There does not seem to be much, if any, habituation or tolerance created by Adrafinil.Occasionally I will take doses up to 1200 mg when a high degree of concentration is required. I have found this dose to be very effective at potentiating and improving the tryptamine experience, in particular. I find tryps sometimes bring a feeling of lethargy or body load with some cognitive dullness. Adrafinil counters this effect very nicely.
Here it is evident that, despite there being a large range of recommended doses for Adrafinil, all of them are safe. Whatever you choose within that range is dependent on your desired alertness and bodily tolerance. Reddit user ssitimefill explains the necessity of slowly upping Adrafinil dosage, as well as suggesting why a higher dose than Modafinil is required:
To my knowledge it is not established how what proportion of adrafinil is broken down into modafinil and what proportion into modafinilic acid.This proportion likely varies person to person, and also by dose. Some studies have reported adrafinil more potent at lower doses.The general psychological effect of adrafinil depends not only on the quantity converted into modafinil but the rate of this conversion.300 mg of modafinil from adrafinil is not likely to produce an identical effect from 300 mg of modafinil.Basically there is no way to determine optimum dose of adrafinil other than trial and error.The best procedure is to start with low doses (measured via scale) and slowly increase dose until you reach the optimal, then sub-optimal dose. When you have reached sub-optimal dose (too much adrafinil) you can deduce what dose is optimal for you.
Because Modafinil does not transform in the liver, it generally requires lesser dosage to reach its optimum effect. Modafinil is typically sold in 100 mg or 200 mg tablets. The latter option is more popular due to its greater availability. 200 mg is indeed the recommended dose, to be taken once per day, usually during the morning. It may be taken with or without food. (nootriment.com) Some recommend starting with an initial intake of 100 mg Modafinil dosage. This helps with accustoming the body to the drug itself. An anonymous writer on erowid.org posted his first use of 100mg Modafinil, describing its positive effects:
And today I tried modafinil 100 mg for the first time. I took it at around 10:45 AM today and it is now 4:35 PM. My experience has been much like those of others herein described– initial buzziness (~1 hr after I took the pill) that lasted about as long. But for the past 4 hours, I have been just plain awake. I have not succumbed to the usual desire to take a nap in the afternoons despite the near-90-degree heat, which usually puts me right to sleep. I have had no such desire in fact. I am not jittery or having unusual thoughts, etc.
It is also possible to take higher doses. Up to 400 mg per day has been shown to be very well-tolerated. Pino on drugs-forum tried a variety of dosages and provides some succinct information of the results: Combinations:
200 mg modafinil +caffeine: Pleasant vibe, easy and fast thinking. Able to solve sudokus a lot quicker. The bus driver becomes more self reassured in conversations and is able to focus more than 16 hours. Sleep quality is ok. (bp: 130/80)200 mg modafinil + too much caffeine (4 cups of coffee): Anxiousness and some hypertension kicks in here. (bp: 140/93) Concentration is less than optimal in this region.400 mg modafinil + normal caffeine: Nice euphoria, but can also turn into anxiousness.
It is clear that the recommended doses are speculative and dependent on personal accounts of drug use. There are certainly more user reviews around the internet that explain individual experiences of alternating dosage amounts. There is, of course, still the question of the differences in dosage between Modafinil and Adrafinil. Jjhurley on Reddit discussed the differences in dosage between both:
… most people tell me 300mg of adra is comparable to just 100mg of moda. Whether your ratio or this other ratio is correct doesn’t make too much a difference, but I have been taking 600mg of adra and don’t want to lose any potency. Is this to say I should go with 300-400mg of moda? If so, that’s a little upsetting because I was really hoping to have equal, if not better, experiences on just 200mg of moda.
ProfWiki agreed that Adrafinil should be taken in higher dosages than Modafinil:
I take 600 mg in order to get effects. This is equivalent to about 200 mg of modafinil. I think throwf0 read you as saying modafinil since he mentioned modafinil. Modafinil is a lot stronger than adrafinil. 150 mg of adrafinil would be about like 50 mg of adrafinil.Anyway, like I said, 50 mg of Adrafinil is far too lose to be effective. 50 mg of MODAfinil might work okay for some but they typically are just breaking up a standard 100/200 mg dose.Being that Adrafinil works by metabolizing into Modafinil, and that as a rule of thumb 1/3 of Adrafinil turns into modafinil, a 50 mg dose of Adrafinil would be just roughly 16-17 mg of modafinil. There wouldn’t be any effects from such a low level dose.
Adrafinil vs Provigil
Let us first make one distinction: Adrafinil = generic drug Provigil = brand name of Modafinil It is often questioned what the difference between Provigil and Adrafinil is. However, the former is simply a branded name for the generic drug Modafinil, which, as we have now found, is the metabolite of Adrafinil. So long as users are acquiring pure generic versions of Adrafinil, then the same effects as Provigil will be felt and the advised dosage will essentially be identical. It is therefore not unusual for potential users to question the differences between Provigil and Adrafinil. Moreover, it is certainly not unreasonable to question their differences. For instance, internet user Shatneresque questioned the difference between Modafinil and Provigil, which are the same drug, asking:
My pharmacy sent me a email saying I can now replace my Provigil ($125 a month) with the generic version and they need my okay to do so.Before I say yes and say the money, I want to know if anyone has noticed any differences. I am very happy with the provigil and have been taking it for several years.
This query was answered by Serpens:
It appears that Cephalon, the maker of Provigil, has been purchased by Teva, titan generic manufacturer. There are currently three manufacturers selling a generic labeled ‘modafinil’ : Cephalon (brand holder), Teva, and Par. All three are using the same brand name NDA license on file with the FDA. In addition, Elsevier’s Clinical Pharmacology has images and references available for the generic product being shipped for all three drug companies.They’re all the same pill. Images of all three products show a white oblong tablet with “Provigil” on one side, and the strength on the other. All products have the same inactive ingredients.
Queries like this prove that caution is imperative when deciding on which supplement to use. This is especially true if you are a first time user or are, like Shatneresque, accustomed to using one particular brand such as Provigil. Researching alternatives and finding the most information about whatever drug you are choosing is vital if you are to select the right one for you. Awareness is the key and there is no harm in asking questions that, to you, may sound obvious once they are answered.
Provigil was originally manufactured by Cephalon, the same company behind the previously branded version of Adrafinil (Olmifon). Business editor Dell Poncet writes of how, in 1999, interest for both Cephalon and Provigil was taking off, with registered quarterly sales of $10.7 million. Being among the leading biopharmaceutical companies in the world, Cephalon flourished. In 2011, it was acquired by Teva, the largest generic drug manufacturer in the world for a huge $6.8 billion (read more here). There is little surprise, then, that Provigil is sold at quite a cost. A 30-day supply of Provigil 200mg pills can cost as much as $1500. Buyers in the UK can therefore expect to pay even more if the pharmacy offers world-wide shipping. Since branded Modafinil is so expensive, Adrafinil is clearly the best alternative. The latter drug does not come attached to a manufactured title, and is inexpensive yet easily attainable. What is more, it can be bought prescription-free online or by phone. There are plenty of legitimate outlets stocking Adrafinil and these can be accessed at the click of a button. If economizing is one aspect of importance, then Adrafinil is certainly the best choice.
Modafinil in India
More importantly health-wise, though, is the scary possibility of purchasing a dodgy-version of branded Modafinil online. With the cost of Provigil being so high, it is unsurprising that many prospective users look for a cheaper alternative for their first time trying the drug. Many turn to the internet’s grey market, where there is a lingering risk of being ripped off with tampered drugs. This is where extra caution and care should be applied. Once users began contemplating off-label equivalents, international pharmacy websites quickly took the opportunity to sell these kinds of drugs. The most popular location from which many internet users buy unbranded Modafinil is India. Sources of the drug in India do not require strict quality control, nor are prescriptions required by users. In fact, there is much information to be considered with regard to India’s counterfeit drugs market. This article on New York Times discusses how:
India’s drug industry is one of the country’s most important economic engines, exporting $15 billion in products annually, and some of its factories are world-class, virtually undistinguishable from their counterparts in the West. But others suffer from serious quality control problems. The World Health Organization estimated that one in five drugs made in India are fakes. A 2010 survey of New Delhi pharmacies found that 12 percent of sampled drugs were spurious.
Meanwhile, this article on safemedsonline.org attests to the New York Times’ discussion, stating that:
The Food and Drug Administration recently conducted a series ofraidsin India to uncover counterfeit drugs. The raids yielded large quantities of substandard medicines and resulted in several arrests. However, in India, the penalties for making and selling counterfeit medicines are minimal, the convictions are rare, and the profits are enormous. Since the raids late last year, the problem has only gotten worse.
Alarm bells should definitely ring here. Without quality control, many drugs that appear on international websites do not contain legitimate ingredients. It is a huge gamble to assume your purchased pills are pure or authentic. There’s a great possibility that you might not experience the proper effects of the medication and there is serious potential that you may have toxic reactions to the ingredients in fake versions of the drug. Some websites and online Nootropics communities maintain lists of verified and trustworthy Modafinil vendors, but such vendors do not generally stay on the lists for long. In many cases, a trusted supplier can end up sending out a fake or ineffective batch of pills even after you have developed a long-standing relationship with them. It is almost impossible to protect against this risk. There is really only one sensible alternative if you find the price of Provigil unreasonable, or if you are contemplating buying potentially contaminated off-label versions from India. Users should purchase Adrafinil from a reputable supplier instead, rather than paying the very serious costs of purchasing from an unreliable source abroad.
Adrafinil vs Modafinil forum
There are many reviews across the internet on individual preferences: Adrafinil or Modafinil. It is all, of course, subjective to user experience. Whilst some remain skeptical towards the newer of the two drugs, Adrafinil, there are huge amounts of successful reviews to be considered. On reddit, jjhurley writes:
Long story short, today is just my 3rd day using adrafinil and I’m impressed with the results so far.I keep reading from people who’ve experienced both adra & moda is that they prefer modafinil. To me it is surprising there would be a whole lot of difference given what we know about adrafinil converting to modafinil once in your system. I understand the conversion takes time but I wouldn’t think that to make a significant impact to different effects.
It is also important to remember that Adrafinil is converted into Modafinil once in the liver. Many users therefore experience the same results with both drugs, and are positive in their opinions of both. DoyouknowmyPW on Reddit concurs, stating that:
I’ve been using Adrafinil and Modafinil for a few weeks now during the workweek. 100-150mg for Modafinil, 200-270 for Adrafinil. I’ve never noticed any painful side-effects, might just be a coincidence. Sharp pain like that could be trapped gas (of course I am not a physician though!).It does help greatly staying more alert during the day. Before I would have issues some days where I am truly struggling to keep my eyes open, especially during meetings. I’ve fallen asleep at least twice for a brief second because my eyes were just too heavy. Since I’ve been taking the morning dose that sleepiness has gone away and I am now on a better sleep schedule because I feel tired when I’m suppose to.
Some users speak of branded versions of the drugs. For example, Akoward on drugs-forum writes:
Recently got a hold of some Nuvigil. Have had previous experience with Olmifon (Adrafinil). As has been said before its much more potent at lower dose that Adrafinil. I only need 1/2 a pill to do what 2x300mg Adrafinils were doing for me. I took a whole Nuvigil the first time and was more productive in that single day that I had been in ages. Got all my work done, worked on personal projects… it was amazing. I will say that some of the physical side effects were a little troubling (ever present tightness in the collarbone to middle neck area, massive restless legs)
It is important to see that with Akoward’s review, despite him alternating to the branded Armodafinil, side-effects were still experienced. This goes to show that Adrafinil, though not manufactured under a moniker, is no less competent in generating the excellent results that might be expected from those drugs which sound more ‘professional’.
Adrafinil vs Modafinil vs Armodafinil
Like Adrafinil and Modafinil, Armodafinil is a stimulant used to combat fatigue. Introduced in 2007, Armodafinil appears under brand names such as Nuvigil, Artvigil, and Waklert. It is purportedly more effective at lower doses than its relatives Adrafinil and Modafinil. Armodafinil is an enantiopure drug. Enantiopure drugs contain only one of the enantiomers (spoken about earlier), R or S. The R enantiomer is longer acting and is most responsible for the effects of Modafinil specifically. Since the S enantiomer is not as strong, Armodafinil’s dosage is therefore lower. Most doses are 150mg compared to Modafinil’s 200mg standard dose. Whilst the effects last for roughly the same time, Armodafinil takes longer to reach its peak than Modafinil, and therefore even longer than Adrafinil. This is simply because the S enantiomer reacts and leaves the body faster. Remember, Armodafinil does not have the S enantiomer, whereas Modafinil does. Adrafinil does, too, because Modafinil is a component within it. Because of this, users find that the effects of Armodafinil take longer to make themselves apparent – a potential disadvantage for prospective users. So, how is Armodafinil processed? Dopamine is a compound existing as neurotransmitter within the body. It is also precursor of other substances including adrenaline. Armodafinil is an indirect dopamine receptor agonist. What this essentially means, then, is that Armodafinil provokes the dopamine levels in the body. Armodafinil is metabolized in much the similar way as Modafinil. It relies on amide hydrolysis primarily, and enzyme activity from by cytochrome P450 secondly. Amide Hydrolysis refers to the reaction with water of amides – a compound) As a consequence, this means that is does not rely as much on heavy enzyme activity in the liver. Adrafinil does. This presents further difference that may be considered by potential users. However, it is important to remember to stick to dosage guidance. If taken properly, and often cyclically, Adrafinil is no more threatening to the liver than Modafinil or Armodafinil. Because Armodafinil, Modafinil and Adrafinil are all very similar in terms of effect, there is much discussion about which is the best. With regard to Modafinil and Armodafinil specifically, some may assume that because small dosages are needed for the latter that it is more efficient. However, it is important to remember individual sensitivity levels. Different drugs can have different reactions for different people. Potency is therefore not the only factor; the personal experience of using either Armodafinil or Modafinil is equally important. A trial and error approach may be necessary, but, of course, extensive research to find the best possible supplement for you is paramount. In undertaking research, then, you may discover information that suits your needs. For example, it is proposed that, unlike Modafinil, Armodafinil will not actually disturb your existing sleep patterns. Modafinil users might agree a good night’s sleep is difficult to achieve depending on the dosage. Reddit user guitar1560 states that
I took 50mg two days in a row twice. Couldn’t sleep well the second night both times
Whereas SequenceConvenience writes
I’ve experienced pretty strong sleep changes while taking modafinil, but nothing that has been negative. I actually seem to need less sleep, at least in the sense that it is very easy for me to get out of bed the day after taking modafinil. Then again, I also don’t seem to have much in the way of dreams during those nights.
Armodafinil does not impact sleep pattern. However, with SequenceConvenience’s review, it is clear that some find this a positive effect of Modafinil while others, like guitar1560, may be disappointed. Respective costs of the drugs might further influence your decision. KimberCT on Longe City tried both Armodafinil and Modafinil, but was swayed somewhat by the price of Nuvigil (the branded name of Armodafinil):
Currently taking 250mg armodafinil daily. To be honest, I kind of prefer modafinil. It seems to have a little more of a quick kick to it. Probably that isomer with a short half life peaking. Other than that, I can’t tell the difference between Nuvigil and modafinil (Sun Pharma). I’d probably have continued taking modafinil, but Cephalon has jacked the price since Nuvigil was FDA approved. With an Rx, Provigil is twice the price of Nuvigil. Their way of getting everyone onto Nuvigil before Provigil’s patent expires.
Adrafinil, meanwhile, can be obtained very cheaply online because it does not exist under a manufactured name. Nevertheless, many of these drugs are safe to use even if they lack a moniker like Provigil or Nuvigil. To stop concerns of the legitimacy of your purchased drug, always ask that your online manufacturer provides a COA (Certificate of Authenticity) on demand. This means that the substance batch has undergone a third-party laboratory analysis to ensure that your purchased drug matches its label and is not contaminated. A common side-effect of Adrafinil is that the urine can smell different after ingestion of the drug. This is because one of Adrafinil’s metabolites contains a sulphur-based compound, and sulphur is strong smelling in itself. However, these criticisms are not limited to Adrafinil alone and it should not sway potential users away from this particular drug. Modafinil has also been found to change the odor of urine. For example, PhysicsMaestro on Longe city queries:
I’ve been using modafinil (modalert) for about 8 months now, and regularly noticed a distinct smell of my urine whenever taking it. However, with this armodafinil, I don’t seem to notice it, which worries me a bit (i.e., not really what it states to be). Has anyone else noticed this difference between armodafinil and modafinil? I thought maybe the S-enantiomer could be metabolized and excreted quicker, thus resulting in an early onset smell, but I am just guessing.
The difference could easily be due to one of the excipients of the tablet, not the active ingredient. It’s also possible that only the S-enantiomer causes the smell, and of course, there’s the possibility that either these pills or the old ones didn’t actually contain modafinil. Sometimes they contain caffeine or dimethylamylamine or other stimulants, either mixed with modafinil or completely replacing it.
PhysicsMaestro thereafter concurrs:
I thought the odorous urine was ubiquitous to all variants of modafinil, resulting from its metabolites. But I guess the smell could be dependent on the enantiomer. I am willing to assume that whatever enzyme metabolizes modafinil to modafinil acid would leave its chirality intact. I don’t think it would be the excipients since the smell is so widely reported with different sources (and the modafinil has a sulfiyl group, so)
Nor does Armodafinil escape the urine issues. An anonymous writer on Erowid.org wrote:
Oh, and the pill tastes awful. Don’t let it get stuck in your mouth. And my pee starts to smell like it, too, but I get used to it
It is therefore important not to be selective of criticism based on what drug you have been swayed by. If you read that Modafinil is apparently “safer” because it does not rely on rampant enzyme activity, then do remember to include other issues such as cost-efficiency and, of course, other side-effects that might become more apparent than rare liver problems. These side-effects might include nausea, chest-pain or a faster heart rate (nhs.uk). Adrafinil stands out as the most cost-effective, and, though it has been reported to alter urine odor, it is not alone. Modafinil, the more expensive, and Armodafinil, with a longer reaction time, also generate similar side-effects. As well as reviews on specific effects of Adrafinil, Armodafinil or Modafinil, there are plenty of general overviews to be found around the internet. On Reddit, BitcoinOperatedGirl writes of her experience:
I tried the adrafinil first, starting with a low dose of 200mg one morning. I prepared a capsule and put it in a baggie next to my pillow before I went to sleep. When my alarm clock rang in the morning, I swallowed the capsule, silenced the alarm clock, and went back to sleep. I was expecting the stimulatory effect to eventually wake me up, as a caffeine pill would, but I ended up sleeping for two more hours. I felt a little disappointed after getting up and not feeling any stimulation, so I decided to add an extra 400mg to the mix.The rest of the day, I was in a fairly good mood. I thought that I was maybe a little more energetic and motivated than usual. I was fairly productive and I worked out. The effect wasn’t what I expected, however. I’ve read people on here talking about feeling wired, and “laser beam focus”, but a whole 600mg of adrafinil felt nothing close to what I imagined (I guess I imagined it would feel like a mild dose of ritalin or something). On the upside, I experienced no substantial anxiety, whereas all the amphetamine-like drugs make me very uncomfortably anxious (I really can’t stand them, they feel disgusting to me). I didn’t really feel a crash and I went to bed at my normal hour.I’m experimenting with adrafinil again today. I took 800mg this time. I was feeling particularly tired this morning (cripplingly tired, lethargic really). I definitely feel more energetic now. I’ve gotten some work done, I’m feeling the drive to write walls of text on reddit and I’m going to have a workout in a few minutes. I don’t expect to have any motivational issues today. Maybe I’ll even cook something fun. Only unfortunate side-effect seems to be a mild headache, but advil seems to be taking care of that.I also tried armodafinil a week ago. Took a small 75mg dose in the morning. Same setup as with adrafinil. I also fell back to sleep for 2 hours. I felt pretty anxious that day and also got a headache. I can’t quite be sure the armodafinil is to blame but I suspect it is. Seems much more anxiety-inducing than adrafinil, which is unfortunate given that it seems adrafinil is worse for your liver. Armodafinil is probably just not for me.
Nezxon on LongeCity meanwhile states that:
I’m taking 75mg Adrafinil (Olmifon) twice daily and I haven’t experienced any side effects. I’d like to give Armodafinil a try, perhaps even safer in the long-term than Modafinil is.
These kinds of reviews certainly help to build a solid picture of each drug’s story. Undertaking research like this to decide on which drug is preferable to you is definitely something you should embark on before picking at random a supplement based on one review.
Adrafinil vs Modafinil reddit
The only notable difference in reviews between Modafinil and Adrafinil is that the latter takes longer to take effect. For example, justmodz1 stated that:
adrafinil is the precursor of modafinil in that it came first and led to the discovery of modafinil in fact adrafinil turns into modafinil in the body due to breakdown of it molecules which actually means that the two have the same effects but adrafinil takes longer to take effect.
While KPC100 agreed that:
Adrafinil gets turned into Modafinil in your system. Because of this, you need a much larger dose and it takes longer to take effect.
Although it does have a longer reaction time, this certainly shouldn’t be a downfall of Adrafinil. It is simply a case that Adrafinil’s chemical processing takes a little longer. However, once complete, the results are just as effective as those found with Modafinil. Take into consideration, also, that Adrafinil will certainly stimulate, energize and ultimately shake you awake. The seemingly longer period of time before this happens will soon become irrelevant when the benefits are reaped. Further Reddit reviews compare other aspects of Adrafinil and Modafinil. Jjhurley, commenting on the actual nature of each drug, states that:
I keep reading from people who’ve experienced both adra & moda is that they prefer modafinil. To me it is surprising there would be a whole lot of difference given what we know about adrafinil converting to modafinil once in your system. I understand the conversion takes time but I wouldn’t think that to make a significant impact to different effects.
While the same user goes on to discuss issues of costing, in the end suggesting that, in terms of price, they would definitely prefer Adrafinil:
I was really hoping to have equal, if not better, experiences on just 200mg of moda. The reason I’d like to not take more than that is simply cost. At $1.50-2.00 per 200mg pill of moda (prices based off the quantities I’d be ordering as well as variation in supplier prices) it’s too costly to have to take twice that for my own personal budget. To be honest, even at $1.50-2.00 per pill/200mg is already high for my budget.I can get 50g of adrafinil for $98 which comes out to up to 50% cheaper a single moda dose/pill of 200mg. If conversion ratios are right and I’d need two pills or 400mg of moda though then my adra would be 75% cheaper.
There are plenty of important aspects to consider when choosing between Modafinil or Adrafinil. Firstly, selecting the safest and most reliable drug should be of paramount interest. Whereas Adrafinil is often tested by third parties and is shipped nationally rather than across sees, Modafinil (both branded and unbranded versions) is often left untested and sent from India. Quality control is a big issue of concern for international pharmacies and should definitely guide your final decision. Pricing is also important to consider. Although you might think you’re getting a better deal by choosing a cheaper off-label version from India, it is still not as easy to buy Modafinil as it is Adrafinil. Most venders of Modafinil do not accept Paypal. This service offers secure buyer protection. With the option of a legitimate, nationally supplied alternative in Adrafinil, it is illogical to risk your bank account details instead – just to purchase a drug that will likely be contaminated and unsafe
What A Day: D'oh Biden by Brian Beutler, Priyanka Aribindi & Crooked Media (06/19/19)
"I was talking about farting"—Presidential candidate/world’s most awkward person John Hickenlooper
Joe Biden told an audience of donors in New York City that his tax policies wouldn’t “fundamentally change” things, including their quality of life, and waxed nostalgic about his working relationships with segregationists when he was a young senator. Guuuulp. It has not gone over well! Here’s the full rundown. Biden has been campaigning on his ability to reach consensus with Republicans. As evidence of this, he cited his relationships with now-deceased Sens. James Eastland (D-MS) and Herman Talmadge (D-GA). Biden said Eastland “never called me ‘boy,’ he always called me ‘son,’” and called Talmadge “one of the meanest guys I ever knew,” but added, “at least there was some civility. We got things done.” Some problems with this!
Of course these segregationist Senators didn’t call Biden, a white man, “boy.” The implication, intended or not, is they were civil to him because he was white. Which, duh, but also not a great model for making positive change in America.
Whether they were civil with Biden or not, segregationist senators formed the backbone of a vicious, deadly regime that has echoes today in the form of racial inequality, mass incarceration, and other forms of systemic racism.
Eastland and Talmadge were Democrats! (See the Ds by their names?) The fact that Biden was able to cut deals within his own party in the 1970s has no bearing on whether he’ll be able to govern by consensus with Republicans today. In truth, today’s Republican Party has made that kind of governing impossible. Vice President Biden, we have Merrick Garland on line one with a history lesson for you.
Several Democratic presidential candidates have condemned Biden’s comments, including Kamala Harris, Cory Booker, Bernie Sanders, Elizabeth Warren, Beto O’Rourke, and Bill de Blasio. Biden went on to assure his donors that they won’t assume much financial risk by supporting him. “No one’s standard of living will change, nothing would fundamentally change,” he said. But, “when we have income inequality as large as we have in the United States today, it brews and ferments political discord and basic revolution.” Some problems with this!
Biden has promised not to make a dent in rich people’s fortunes. Not the best way to drive home your income inequality message!
His comments are contradictory: If income inequality is so great that we’re on the verge of “revolution,” isn’t Biden flirting with disaster by promising, “nothing would fundamentally change”? Vote for me! Things most people hate won't get better!
There unfortunately aren’t many generous ways to interpret these comments. They have raised concerns across the party about what kind of nominee and president Biden would be, and so far he hasn’t sought to explain himself or walk the comments back. The good news: he’ll almost certainly face questions about them at next week’s debate. popcorn-eating.gif
Under the Radar
The number of refugees—people who’ve been forced to flee violence or persecution—has reached an all-time high of nearly 71 million people worldwide, and includes an estimated 13.6 million people who became refugees in the last year alone, according to the United Nations. Most of the world’s refugees come from just five countries: Syria, Afghanistan, South Sudan, Myanmar, and Somalia, and the greatest number of refugees live in Turkey, Pakistan, Uganda, Sudan, and Germany, respectively. While presenting the report, the U.N. high commissioner for refugees criticized “inward looking,” wealthy countries, many of which have sought to close their borders to these displaced peoples. That includes, um, us.
Trump administration officials have tried to convince Congress that Iran has ties to al Qaeda, suggesting the White House may try to use a post-9/11 war authorization as a legal justification for attacking Iran over Congress’s objections. There’s every reason to be skeptical of the administration’s claims, and House Democrats underscored their skepticism by voting to repeal that authorization. At a House subcommittee hearing on reparations, the writer Ta-Nehisi Coates called on Congress to “reject fair-weather patriotism, to say that a nation is both its credits and its debits,” and to create a commission to study ways the U.S. government can make amends for slavery and its legacy. Coates also rebutted Senate Majority Leader Mitch McConnell, who expressed his opposition to reparations on Capitol Hill this Tuesday. President Trump’s former Communications Director Hope Hicks stonewalled Democrats during a closed-door interview with the House Judiciary Committee on Tuesday because White House lawyers barred her from answering any questions about her time in the White House. Hey Democrats: instead of hearings nobody can watch with witnesses you won’t force to testify, have you considered the opposite? Speaking of which, House Democrats may have finally run out of patience with former Special Counsel Robert Mueller’s reluctance to testify, but they still haven’t subpoenaed him. Reminder, again: Republicans hauled former FBI Director Jim Comey up to the Hill within two days of his decision to close the Hillary Clinton email investigation. And you might have noticed Republicans are pretty good at this “winning elections” thing. The Federal Reserve left interest rates unchanged today, resisting extraordinary and improper pressure from President Trump, who has suggested he might demote Fed Chair Jerome Powell, even though he does not have the legal authority to do so. International prosecutors indicted three men with ties to Russian intelligence and implicated a senior aide to Vladimir Putin for shooting a missile at Malaysia Airlines Flight 17 over Ukraine in 2014, killing all 298 people on board. The British research submarine Boaty McBoatface (this is what happens when you let the internet name things) discovered a significant link between Antarctic winds and rising sea temperatures. As the winds have grown stronger because of greenhouse gas buildup and the destruction of the ozone layer, they have caused more turbulence in waters, resulting in rising sea temperatures and sea levels. Not bad, Boaty. But, you know, bad in every other way. Trans author, activist, and television producer Janet Mock signed a multimillion dollar deal with Netflix to write, direct, and executive produce projects that tell stories about underrepresented people. She is the first out trans woman of color to score a deal like this with a major studio.
What A Sponsor!
Are you underpaid? Overworked? Not feeling the love for your job? Enter Flatiron School—a global school that trains change-makers in 21st-century skills like software engineering, data science, and UX/UI Design through immersive and online courses. In as little as three months, you’ll have the skills to land a cool new software engineering or data job with all the perks, snacks, and zeroes on that salary you’re hoping for. Within six months, 97% of Flatiron School grads land a new job, and every program has a money-back guarantee—get a job or get your tuition back. And now, applications are open for Flatiron School’s Online UX/UI Design Course!
Did You See That Thing?
Facebook confirmed this week that it has spent the past year working with 27 nonprofit, tech, and finance partners to create a cryptocurrency called “Libra.” Despite its classification as a cryptocurrency, Libra would be very different than Bitcoin. Facebook imagines it as a “new global currency standard” that’s stable, guaranteed by tangible assets, and part of a larger program that will be able to perform all the functions of a traditional bank (think accounts, loans, ATMs, etc.). Facebook claims it wants to offer the service to benefit the developing world, and its 1.7 billion adults who don’t have access to banking. This, however, is the same logic it used to promote its plan to offer free internet around the world—a plan that came under fire for attempting to make developing countries dependent on Facebook for access to the internet. On top of that, Facebook’s laundry list of privacy scandals, the rampant misinformation on its platform, and the way it’s been used to subvert elections have naturally made people skeptical that the company should be entrusted with vulnerable people’s money. OTOH maybe we should just blindly trust Zuck again for the 40,000th time.
Is That Hope I Feel?
New York lawmakers have agreed to one of the most ambitious climate plans in the world. The legislation, called the “Climate Leadership and Community Protection Act,” calls for the state to eliminate almost all greenhouse gas emissions with the goal of making the state's economy carbon-free by 2050. Currently, New York sources only 60 percent of its electricity from carbon-free sources.
How to Buy Modafinil in the UK | What You Must Know
How to Buy Modafinil in the UK | What You Must Know
Are you curious about how to buy Modafinil in the UK these days? Then you’re in the perfect place. Here’s the skinny: While the smart drug is technically regarded as prescription-only in the United Kingdom, you can simply and legallybuy Modafinil online– whether you have a doctor’s prescription or not. But there’s a little bit more to it… So in this comprehensive guide, I talk about everything you need to know about getting the world’s most popular smart drug while living in the United Kingdom. While I’m not from the UK, I certainly know how to order Modafinil online while living in the country. Luckily, it’s not too difficult these days. After buying nootropics online for nearly a half decade, I’ve found out which vendors will send your legit smart drugs with fast shipping. These online Modafinil pharmacies will also guarantee your order. You’ll get your smart drugs or you’ll get your money back. No questions asked. When ordering from these types of online Modafinil vendors, there’s no risk for you! Buying Modafinil in the United Kingdom has never been easier. In this guide, we’ll talk about: This United Kingdom Modafinil guide is comprehensive to ensure anything and everything you need to know is included. I wanted to make sure every question about Modafinil and the UK was answered. Of course, I’ve gotta hit you with a quick disclaimer before we dive in…
What is Modafinil?
Now, you might just want to know where you can buy Modafinil online in the U.K. – which is perfectly fine. But some of y’all may want a little more information about what Modafinil is and why so many successful individuals use the smart drug. As the world’s most popular smart drug, Modafinil has gained popularity for one reason. Why? Because Modafinil works. The smart drug is the premier cognitive enhancer on the market for a reason. If you take Modafinil, you will find benefits like:
Insane focus for 12+ hours
Enhanced memory retention
Inability to feel fatigued
…And much more!
They say coffee is the lifeblood of champions, but I’m of the opinion that Modafinil is. Overall, Modafinil will help you crush the day like nothing else. You’ll feel like you can accomplish anything and everything you want to. Now, Modafinil isn’t the “Limitless” pill in real life. You won’t write a full novel in one day. But it’s pretty darned close. In the late 1980s, French researchers were working to create a wakefulness agent to treat common ailments like (Source):
Shift sleep disorder
The pharmaceutical drug was named Provigil and quickly made its way to the United States, the land of overuse and abuse. It didn’t take long for CEOs and grad students to see the value of Provigil. In the blink of an eye, every hustler on the east coast of the U.S. was taking Modafinil to gain an advantage over the competition. The smart drug craze had officially begun. Why? Because it’s easy to beat the competition when you can pop one pill and focus for upwards of 12-15+ straight hours. There’s a reason you’re curious how to get your hands on Modafinil in the United Kingdom.
Is Modafinil Legal in the UK?
You should know I’m not a lawyer. Certainly no legal scholar. Just a dude who knows way too much about smart drugs and how they benefit people looking to achieve more in life. With that in mind, this section about Modafinil in the UK and legalities should be taken as hyperbole. Nothing less. Nothing more. So, is it legal to buy Provigil in the United Kingdom? Well, yes and no. Modafinil is fully regulated as a prescription-only medication by the government. But it’s a bit of a grey area. Here’s how I’ll break it down:
Modafinil, whether generic or Provigil, is a prescription-only medication (POM) in the U.K. (Source). This means a few things. First, you can only legally buy Modafinil from the pharmacy in the United Kingdom if you have a prescription from a British doctor (Source).
You cannot get the smart drug for off-the-label uses, like cognitive enhancement, from a pharmacy in the United Kingdom. You’d have to prove you have narcolepsy or sleep apnea to a doctor within the country. However, what about ordering online? Are there legal issues to worry about when buying Modafinil online and shipping it to the United Kingdom? Well, I don’t believe so.
If you’re buying online…
Possession of a POM is only illegal in the United Kingdom if the pharmaceutical drug is the on UK Misuse of Drugs Act 1971 (Source). Currently, Modafinil is not on this list. As such, possession of Modafinil is not considered a punishable offense.
Since Modafinil is not listed on the Misuse of Drugs Act, it’s not illegal to possess the substance for personal use – even if you don’t have a prescription. In practical terms, this means that you can order Modafinil online in the United Kingdom and have little issue receiving the product. Even if import controls “catches” your smart drugs in-transit, there are no legal repercussions you need to worry about. The worst that happens? Your package gets confiscated by import controls and customs destroys it. If that happens, your online Modafinil pharmacy will issue you a refund or reshipment. Whatever you want. No harm. No foul. –> Is Modafinil legal in the UK? In my opinion, yes. Well, at least it’s legal enough to order online without worry. But again, I’m no lawyer and you’ll have to make that choice for yourself. Always do your own research and make smart choices.
How to get a Modafinil Prescription in the UK
While Modafinil laws in the UK don’t seem to be an issue for the vast majority of individuals, some people might be interested in how to get a Modafinil prescription here. The reality? It can be difficult to get a Modafinil prescription in the UK. This is for one reason and one reason only… Modafinil can only be prescribed in the UK for ailments like narcolepsy and excessive daytime sleepiness due to sleep apnea or shift sleep disorder. For ‘off-the-label’ uses, such as taking Modafinil as a smart drug or nootropic, doctors in the country tend to avoid writing prescriptions for it. Here’s why: Modafinil laws in the UK and the risks a doctor takes when prescribing something off-the-label here. UK doctors are faced with far greater legal risk when prescribing medications off-the-label due to laws and legislation provided by UK.gov:
The responsibility that falls on healthcare professionals when prescribing an unlicensed medicine or a medicine off-label may be greater than when prescribing a licensed medicine within the terms of its licence. Prescribers should pay particular attention to the risks associated with using unlicensed medicines or using a licensed medicine off-label.
Aka a doctor could get into legal trouble if they prescribed a drug off-the-label that caused someone a health problem. Most doctors simply aren’t willing to take this risk when you walk into their office asking about Provigil for cognitive enhancement. Therefore, to get a Modafinil prescription in the UK, you’ll have to prove that you have narcolepsy or excessive daytime sleepiness due to sleep apnea or shift sleep disorder. That’s the only way to do it. As such, many have found buying Modafinil online far easier while living in the United Kingdom. Which is what we’ll discuss below…
Where to Buy Modafinil Online in the UK | 2020 Guide
If you’re looking to buy Modafinil in the United Kingdom, you’re in the right spot. Below you’ll find the best online Modafinil vendors that ship to the country. After working with over a half dozen pharmacies throughout the years, I’ve found the vendors below to be the absolute best. All my preferred Modafinil sellers offer:
Fast shipping to the UK
Legitimate generic Modafinil products
Amazing Bitcoin discounts
Return customer coupons
But enough with the ado, let’s get into things and see where you can buy Modafinil online in the UK. Here are my favorite sellers:
As of writing this article, BuyModa is the premier Modafinil vendor in the whole entire world. Bar none. These guys are the best. If you’re buying Modafinil in the United Kingdom, I’d recommend taking a look at these guys. Their customer service is impeccable, the pricing is low, and their Bitcoin discount is solid. I’m talking a 35% BTC discount on top of their already LOW, LOW prices. Some of the lowest in the industry. Plus, Modafinil orders in the UK from Buy Moda will arrive within 6-10 days, with most orders arriving within a week. That’s pretty quick shipping! And the most important part… You can pay for Buy Moda orders with credit cards. Like all legitimate Modafinil vendors, Buy Moda offers guaranteed delivery. You either get your order or they’ll send you a full refund or a reshipment. It’s your choice. You have no worries here. But do know…the customer service from Buy Moda is truly second to none. I’ve yet to find a Modafinil vendor that takes care of their customers in the way Buy Moda does. You’ll be in great hands when ordering here. Overall, a great option for those in the UK. Oh, and one more thing… When you spend over $100 bucks on any order with the world’s best Modafinil vendor, Buy Moda — you also get 30 free pills with the order. Aka more savings!
If you’re buying Modafinil in the UK, another place I’d recommend checking out is Modafinil XL. These guys do a good job shipping Modafinil to the UK. Modafinil XL is known for great customer service, low prices, legit products, and some of the best discounts in the industry. You can save up to 35% on your order from this vendor with their Bitcoin coupons. Shipping times to the UK vary, but most orders arrive within 6-10 days from Modafinil XL. If for some reason your package doesn’t arrive, you’ll get a full refund or reshipment. Whatever you prefer. Overall…highly recommended! This is another legitimate Modafinil vendor for any and all living in the United Kingdom. They’ve been around quite some time and do a great job.
Another vendor who holds Modafinil stock in Europe is Eufinil. In fact, these guys only ship to Europe. It’s what they do. It’s their specialty. So you know they do it well. While I prefer other vendors above for larger orders because they’re generally cheaper, I found one heck of a use for Eufinil. If you’re looking to buy Modafinil in the United Kingdom, but don’t want to spend tons of cash… Eufinil allows you to make small orders. You can order as low as 20 servings of Modafinil from these guys — which ends up being about $60 Euros shipped. Not a bad deal at all. Eufinil also offers fast shipping to the UK because they hold stock in the country, guaranteed delivery, and great customer services. Many in the United Kingdom get their orders from Eufinil in less than 3 business days. That’s fast, fast! Overall, they’re an ideal option for anyone looking to test Modafinil out.
Shipping Modafinil | United Kingdom Edition
If you’re worried about shipping Modafinil to the UK, you needn’t be! Why? Because all of the major online Modafinil retailers offer guaranteed delivery to the UK. Every. Single. One. This leads me to believe that customs and border security in the United Kingdom simply are not concerned with generic Modafinil and Provigil being shipped to the country from other parts of the world…mainly India. Because these vendors guarantee their delivery to the UK. This means they’ll refund your full order if the package somehow gets taken by customs. This wouldn’t be profitable if a lot of packages were being taken by the government and customs officials. Furthermore, there’s little to no legal risk to you as an individual ordering Modafinil online in the UK. As previously discussed, Modafinil is not on the Misuse of Drugs Act – as of the writing of this article. This means possession of Modafinil is not a crime in the United Kingdom. Meaning you are not committing a crime buying Modafinil online in the UK and shipping it to your home. The worst case scenario is customs confiscates the smart drugs and you get a refund from the seller. There has yet to be a documented case of someone having legal issues in the UK because they bought Modafinil for personal use from inside the country. So shipping Modafinil to the UK shouldn’t be a concern whatsoever. P.S: Just remember that I’m no lawyer.
Generic Modafinil and Armodafinil in the UK
You can buy Modafinil and Armodafinil from a pharmacy in the U.K. if you get a prescription from a doctor in the country – although that can be harder said than done. Once you have that prescription, you just go to the pharmacy in the U.K. and pick up brand name Modafinil like:
You can find these brand name Modafinil products in U.K. pharmacies, although we’ve found Provigil to be far more common. For Britains looking to order Modafinil online, popular generic Modafinil and Armodafinil products are:
Each one of these products do a damn good job and offer solid cognitive benefits. However, after testing all of these products, I do have a few recommendations for my British readers and those living in the country. Modalert is probably the strongest generic Modafinil product you’ll find in the U.K. I couldn’t recommend it enough. Modvigil, on the other hand, is a cheap alternative for individuals looking for generic Modafinil. Searching for Modafinil’s little cousin Armodafinil in the UK? Then I certainly prefer Waklert. That being said, Artvigil is a cheaper form of generic Armodafinil. Overall, I tend to use Modalert and Waklert. I’ve simply found these products to be superior to all other forms of generic Modafinil and recommend them to anyone looking to buy Modafinil online in the United Kingdom.
Adrafinil in the UK, Prescription-Free Alternative
I’m of the opinion that ordering Modafinil in the United Kingdom from an online vendor shouldn’t be an issue. However, I know a few of you may have concerns. If that’s you, there’s also viable Modafinil alternatives to consider. These nootropics are 100% legal and offer decent cognitive benefits. One of my personal favorites? Enter Adrafinil. Adrafinil is a 100% legal nootropic that’s available over-the-counter. It works like Modafinil because the body essentially converts Adrafinil to the active ingredients in Modafinil upon ingestion (Source). As such, it takes a little longer for Adrafinil to kick in when compared to Modafinil. Plus, this stuff isn’t as strong as Modafinil. But it works! You’ll find cognitive benefits from Adrafinil. If you’re looking to get your hands on over-the-counter smart drugs, like Adrafinil, this is my favorite vendor.
For those curious about other nootropic options and potential Modafinil alternatives, below you’ll find a few more suggestions. But please understand… Modafinil is the ‘King’ with regards to smart drugs. Armodafinil in the UK would then be the ‘Queen’ here, followed by Adrafinil as the ‘Prince’ – if we’re taking that little analogy to its logical conclusion. Still, there’s a few other nootropics I love for UK residents. Here’s a few of my favorites:
Mind Lab Pro: I just recently tried Mind Lab Pro for the first time. After testing dozens upon dozens of smart drugs over the years, I was more than IMPRESSED. Mind Lab Pro offers cognitive enhancement in a Modafinil-like manner. It was baffling how great the stuff works. I could go into detail about the 11+ clinically-researched brain boosting ingredients, but it’s easier to simply tell you this is my favorite nootropic that’s available over-the-counter.
Sulbutiamine: Another fantastic nootropic for UK residents is Sulbutiamine. The smart drug offer works 5-7+ hours solid cognitive enhancement. For people worried Modafinil might be too strong, this is a solid place to look.
Noopept: As one of the more potent over-the-counter smart drugs in the UK, I’ve found Noopept a powerful alternative during testing. It’s not like Modafinil, but you’ll find solid cognitive benefits for this bad boy. I personally recommend the powder form.
The Verdict? | UK Edition
That about wraps it up, mate. Everything you need to know about how to buy Modafinil in the UK. The details you need to get the good stuff. To get your hands on the world’s most popular smart drugs — at great prices. We talk about if Modafinil is legal in the United Kingdom, where you can buy it online, and so much more. If you have any questions about buying Modafinil in the UK, feel free to sound off in the comments below. I’ll get back to you with a detailed answer.
Earlier on Thursday, the National Assembly's Amendment Subcommittee on Parliamentary Affairs passed a legal amendment to the still-in-development Special Financial Transactions Information Act to force virtual asset exchanges to register with the Financial Services Commission (FSC). Those failing to do so would face up to five years in prison or a fine of up to 50 million won ($42,460). Under the amendment, aimed to align the industry with international anti-money laundering guidance from FATF, crypto exchanges must also have so-called real name virtual bank accounts – sub accounts for users within an exchange's primary account – to avoid falling foul of the legislation. Opposition lawmakers had expressed concerns that that exchanges without real-name virtual accounts would be forced to close, bringing further contraction of the domestic cryptocurrency industry.
Someone hacked the official website of the Monero cryptocurrency project and quietly replaced legitimate Linux and Windows binaries available for download with malicious versions designed to steal funds from users' wallets. The latest supply-chain cyberattack was revealed on Monday after a Monero user spotted that the cryptographic hash for binaries he downloaded from the official site didn't match the hashes listed on it. At this moment, it's unclear how attackers managed to compromise the Monero website and how many users have been affected and lost their digital funds.
Having dropped to one-month lows below $8,000, bitcoin is now eyeing the first test of a key average support, now at $7,714, since April. The top cryptocurrency by market value fell more than 2.4 percent in the 60 minutes to 08:00 UTC on Thursday to hit a low of $7,875 – a level last seen on Oct. 25, according to Bitstamp data. The drop marked a downside break of a 48-hour narrowing price range seen above $8,000. Notably, with a slide to levels below $7,900, bitcoin has erased 80 percent of the rally from $7,293 to $10,350 seen in the second half of October. On a month-to-date basis, the cryptocurrency is now reporting a loss of over 13 percent. Further, the cryptocurrency is trading in the red for the fourth straight week. The dismal performance contradicts the positive seasonality factor: bitcoin has put on a good show in November in six out of the last eight years. Notably, prices gained for six straight years in November, starting from 2012 to 2017, before falling hard in November 2018.
The United Kingdom Jurisdiction Taskforce of the Lawtech Delivery Panel published a statement concerning the status of cryptocurrencies, distributed ledger technology (DLT) and smart contracts under English and Welsh private law. U.K. entrepreneur network Tech Nation announced the paper’s publication on Nov. 18. The document attempts to address the legal uncertainties of cryptocurrency and recognizes crypto assets as tradeable property and smart contracts as enforceable agreements under local law. Lawtech Delivery Panel director Jenifer Swallow noted that the worldwide smart contract market is expected to reach $300 million by 2023 while the World Economic Forum predicts that one-tenth of the global GDP will be stored on a blockchain by 2027. Due to this, she thinks adapting regulations on these new technologies is particularly important.
Institutional investors are aware of the risks that come with allocating a large percentage of their funds to a particular asset or market indices. For one, the downturn of such a market or asset would have a crippling effect on their returns. The same is true for investors that allocate the majority of their portfolio to asset classes that have strong correlations to one another. Hence, adopting a strategy that allows the allocation of funds to different asset classes, with little or no correlation, is the appropriate solution. This is where Bitcoin excels. While other markets had moderate correlations to one or two traditional asset classes, Bitcoin maintained a very weak correlation to all of the asset classes examined. In other words, Bitcoin could fit nicely into an investment portfolio and boost returns. VanEck’s study went further to prove Bitcoin’s eligibility as an investment option. This investigation entailed the assessment of the asymmetric return of portfolios allocated to varying percentages of equities, bonds and Bitcoin from January 2012 to July 2019. A portfolio with 58.5% of the fund distributed to equities, 38.5% to bonds and 0.5% to Bitcoin generated returns that surpassed that of a portfolio allocated solely to the S&P 500 by over 150% as of July 2019.
Have anything to say? Do so in the comments section down below!
Cryptocurrencies are mixed as Bitfinex destroys 500 million USDT, more than half of its treasury supply
After Coindesk accused Bitfinex, a major cryptocurrency exchange and operator of stablecoin Tether (USDT), of publishing trading volume data from, “a market that doesn’t exist,”, Bitfinex responded, saying they do not publish fake numbers. In its article, Coindesk noted that Bitfinex does not offer a USDT/USD pair, however, their exchange reports substantial trading volume on its exchange for the pairing -- at the time of this writing, daily trading volume for USDT/USD on Bitfinex is reported as USD$33,598,474, or 18.30% of USDT’s total 24-hour trading volume. Bitfinex clarified in its rebuttal, saying they reach their daily trading volume calculation for USDT/USD by calculating the sum of USDT deposits and withdrawals to and from Bitfinex. Bitfinex provided a link to the application program interface (API) where this data is supposed to be visible, however, the link did not work at the time of this writing.
As per the Taipei Times, Taiwan is planning to release draft initial coin offering (ICO) regulatory framework by June 2019. The Taiei Times cited Welington Koo, chairman of Taiwan’s Financial Supervisory Commission (FSC), who spoke at a meeting of the Legislative Yuan Finance Committee, saying, “The more we regulate, themore this new economic behavior wanes.”
Binance, the world’s largest cryptocurrency exchange, has officially launched Uganda’s first ever fiat-to-cryptocurrency exchange, as per an official announcement on Medium. Currently, Ugandans are only able to trade Bitcoin (BTC) and Ethereum (ETH) through the domestic Ugandan shilling (UGX). Called Binance Uganda, the new fiat-to-cryptocurrency exchange is offering zero-fee trading until November 24th, 2018. According to the company statement, the launch of Binance Uganda is part of Binance’s initiative to contribute to blockchain technology development across the African continent -- shortly after their announcement, Binance’s charity wing donated USD$500,000 aid Uganda.
In a blog post published on Wednesday, Tether, the issuer of stablecoin USDT, announced that it, “redeemed a significant amount,” of USDT from circulation and that it will destroy 500 million USDT from its treasury wallet -- the 500 million destroyed USDT represents a whopping 52.8% of its total treasury supply for future issuances. This news comes after the value of USDT dipped below USD$0.90/token last week and after Circle and Coinbase partnered to list stablecoin USDC on Coinbase. Tether refered readers of the announcement to their white paper, where the firm states, "every tether issued or redeemed, as publicly recorded by the Bitcoin blockchain will correspond to a desposit or withdrawal of funds from the [company's] bank account."
Nasdaq, the world’s second largest stock exchange by market capitalization, has been awarded a new patent to tackle the implementation of blockchain in releasing new information to the media industry. Originally filed in January 2017, the patent references, “an information computer system […] provided for securely releasing time-sensitive information to recipients via a blockchain.” The patent explains the purposed system’s process, saying, “A submitter submits a document to the system and a blockchain transaction is generated and submitted to the blockchain based on the document […] An editor may edit the document and an approver may approve the document for release to the recipients.” This past June, Nasdaq tested a blockchain proof-of-concept system for securities collateral.
Setl, a UK blockchain startup, has received approval from French securities regulators and is set to enter the European Union’s settlement system. Setl aims to launch its Target2-Securities platform, a EUR1 billion network built to span across the European Union and settle securities processed by the European Central Bank. Setl is expected to launch in early 2019.
South Korea’s Financial Services Commission (FCS) issued a statement today warning investors to be cautious when investing in cryptocurrencies. Documents published on the FSC’s website warn investors that they could be misled by cryptocurrency funds and that investors could mistake cryptocurrency funds for legal public funds that comply with South Korea’s Capital Markets Act. The FSC added that cryptocurrency funds must be approved and registered with the FSC to operate legally -- something no South Korean cryptocurrency fund has done yet.
USD (DXY) down 0.14%, EUR up 0.10%, GBP down 0.05%, JPY up 0.06%, CNY Onshore down 0.23%, CNH Offshore down 0.14%, AUD up 0.23%
VIX up 1.33% to 10.64
Gold up 0.02% to $1,323.57
Silver down 0.37% to $17.80
Copper down 1.24% to $294.40
WTI Crude up 0.65% to $49.62
Brent Crude up 0.34% to $55.35
Natural Gas down 0.10% to $3.06
Corn up 0.43% to $3.53/bu
Wheat up 0.51% to $4.46/bu
Bitcoin down 2.69% to $3,793.12
Treasuries 2yr yields are up ~0.0bps at 1.347%, 10yr yields are unch at 2.188% and 30yr yields are up ~0.5bps at 2.792%
Japan 10yr yields 0.020%, up ~1.6bps on the day
France 10yr yields 0.683%, up ~0.2bps on the day
Italy 10yr yields 2.044%, up ~1.4bps on the day
Spain 10yr yields 1.584%, up ~2.4bps on the day
Germany 10yr yields 0.394%, down ~0.4bps on the day
What’s happening this morning? Things are pretty quiet (once again). The China Aug eco data came in soft and that weighed on Asian equities and is placing mild pressure on Eurozone stocks and US S&P futures (S&P futures are down only 1-2 points). Most of the major Asian indices ended lower although there were some pockets of green: TPX -0.32%, NKY -0.29%, Hang Seng -0.42%, SHCOMP -0.38%, Taiwan +0.2%, KOSPI +0.74%, Australia - 0.1%, and India was flattish. Korea was bolstered by tech (Samsung Electronics +1.37%, Hynix +1.45%, LG Display +2.74%, etc.). The major Eurozone indices are trading off small; the SXPP basic resources index is down >1% off China but otherwise there aren’t any other major sources of softness while media and retail are upside standouts (retail is being helped by the Next PLC news). The SNB tweaked its FX language in a slightly more hawkish direction, calling the CHF “highly valued” instead of “significantly overvalued”. Overall the broader macro narrative isn’t shifting dramatically despite China (in fact some see a silver lining in the data as this could make the gov’t more inclined to pursue growth-friendly policies). There were a ton of tax articles in the US but the outlook for that topic remains unchanged (the GOP blueprint is due out during the week of 9/25). The week’s last major (scheduled) catalyst hits at 8:30amET this morning (US Aug CPI) while next week’s main focus is the FOMC decision (Wed 9/20; the messaging around a Dec hike may be more hawkish than the market currently assumes).
Calendar for Thurs 9/14 – the focus will be on the BOE rate decision (7amET), the US CPI for Aug (8:30amET), Thy God Emperor Trump ’s trip to Florida, some analyst meetings (ANSS and GKOS), earnings (JBL and ORCL after the close), and sell-side conferences (Goldman Communacopia, Morgan Stanley Laguna, and RBC Industrials). o US CPI Thurs morning – the latest leg of the SPX rally has been spurred by proreflation forces as risk sentiment welcomed firmer inflation numbers (in China, India, Sweden, and the UK). Thus the US CPI (due out Thurs morning 8/14 at 8:30amET) needs to be at least inline (the St is modeling headline +0.3% M/M and core +0.2% M/M) and mild upside would likely be a net positive. Too much inflation though risks unsettling sentiment and if the Thurs CPI causes 12/13 FOMC FF hike odds to spike back >50% that would likely be met w/equity pressure.
Calendar for Fri 9/15 – the focus will be on the Eurozone trade balance for Jul (5amET), the US Empire Manufacturing index for Sept (8:30amET), US retail sales for Aug (8:30amET), US industrial production for Aug (9:15amET), US Michigan confidence numbers for Sept (10amET), US business inventories for Jul (10amET), and sell-side conferences (Morgan Stanley Laguna).
Top Headlines for Thursday
Economic data/monetary policy recap for Thurs 9/14 – there was a lot of data out this morning. The China data was soft and as a result JPMorgan is revising lower Q3 GDP forecasts for the country (see the full note: http://bit.ly/2x226Wk). IP for Aug came in at +6% (vs. JPM and the St +6.6%), retail sales rose 10.1% (vs. JPM +10.2% and the St +10.5%), and FAI climbed 7.8% YTD as of Aug (vs. JPM +8.3% and the St +8.2%). We revise down our current quarter growth forecast to 6.2%q/q saar (previously 6.6%q/q saar), or 6.7%oya (previously 6.8%oya). Meanwhile, we maintain our 4Q17 forecast at 6.2%q/q saar (or 6.6% in yoy terms), and the full-year growth forecast stays unchanged at 6.8%. Elsewhere on the economic front, Australian jobs data for Aug was solid although the UR held steady at 5.6% (http://bit.ly/2jpRH3x) and Eurozone new auto registration growth accelerated in Aug to +5.6% (vs. +2.7% in Jul). The SNB tweaked its CHF language and said the recent weakening "is helping to reduce, to some extent, the significant overvaluation of the currency" (previously the SNB has lamented the CHF’s “significant overvaluation” http://bit.ly/2eXuwIC). ECB’s Jan Smets said Eurozone inflation appears to have bottomed out (http://nyti.ms/2f8nynT). Greece said it would exceed prior primary budget surplus targets for this year (http://reut.rs/2x2RxUq). o What Thy God Emperor Trump Can Do to Prevent the Next Crash – the Fed doesn’t do enough to restrain out-of-control prices for stocks, houses, and other assets. http://nyti.ms/2eX7IsC o Fed officials admit they’ve lost some inflation credibility – a Bloomberg article recounts recent Fed remarks about how the institution’s credibility on inflation has started to weaken at the margin. Bloomberg. https://bloom.bg/2y0yyru
Bipartisanship in Washington – can it last? Frustrated by the failure to pass repeal/replace, Thy God Emperor Trump has displayed a willingness to work w/Democrats. o Thy God Emperor Trump is extremely eager for a “win” after months of failure and if that requires him to work w/Democrats, so be it. “We learned this summer that keeping 50 or 52 Republicans (in the Senate) is not something that’s reliable,” Marc Short, Thy God Emperor Trump ’s liaison to Congress, told reporters this week. Reuters http://reut.rs/2x3yn0L o Thy God Emperor Trump prioritizes legislative wins over party purity – the new dynamic is creating uncertainty within the GOP ahead of the upcoming tax and budget battles. WSJ. http://on.wsj.com/2eWBspz o Fresh off striking a three-month fiscal deal with “Chuck and Nancy”, Thy God Emperor Trump agreed Wed night to work w/Democrats on a DACA/Dreamers compromise. Thy God Emperor Trump ’s outreach to Dems on immigration represents a “major political gamble” as this topic was the centerpiece of his campaign. Rep. Steve King (R-Iowa), an immigration hard-liner and early Thy God Emperor Trump supporter, wrote that if reports of a potential immigration deal are accurate, the president’s “base is blown up, destroyed, irreparable, and disillusioned beyond repair. No promise is credible” – Washington Post http://wapo.st/2y81heI
Taxes – Republicans are pushing forward w/an aggressive tax timeline (a blueprint is due out during the week of 9/25) but the overall plan remains inchoate. o “Thy God Emperor Trump urges quick action on tax plan that’s still in pieces” – the NYT notes that while there is a lot of eagerness for action on the tax front, Republicans are far from aligned on the details and a path through Congress isn’t apparent at the moment. NYT http://nyti.ms/2jpuApI o GOP “shudders” as Thy God Emperor Trump courts Dems on taxes – Republican leaders in Congress are pursuing a delicate tax strategy premised on passing a partisan bill and thus Thy God Emperor Trump ’s flirtation with “Chuck and Nancy” risks upending the effort. Politico http://politi.co/2h4gUfr o Thy God Emperor Trump signals openness to upper-income tax hikes in a bid to secure Democratic support - Thy God Emperor Trump on Wednesday expressed a willingness to raise taxes on the wealthiest Americans. Thy God Emperor Trump met w/lawmakers on Wed and “repeated his willingness to raise taxes on the wealthiest Americans several times”– Roll Call http://bit.ly/2y724fS o How low could the corporate tax rate go? A new study finds that eliminating all corporate tax breaks could only move the rate from ~35% now down to 26% - Washington Post. http://wapo.st/2vU7zNy
Paul Ryan speculation heats up – his job as Speaker seems secure but people are beginning to talk – The Hill. http://bit.ly/2x3NlUm
Healthcare struggles to advance in Congress – a bipartisan initiative to pass legislative aimed at fixing the ACA (rather than replacing it) was dealt a setback on Wed as two groups of Senators released the details of diametrically opposed plans. WSJ. http://on.wsj.com/2waLtdO
Russia’s war games sparks NATO alarm – Russia and Belarus are holding massive war games in what will be the largest display of Russian military power since the end of the Cold War. NATO and the West in general are worried that Russia is moving far more troops into Belarus than it intends to withdraw, establishing a permanent military presence in the country. Some are concerned that Moscow will use the exercise as cover for a more aggressive act (such as when Russia used exercises in ’14 to prepare for its annexation of Crimea). NYT http://nyti.ms/2vUXBLV
Venezuela stops accepting USD for oil payments – the gov’t is telling oil traders that it will no longer receive or send payments in dollars – WSJ http://on.wsj.com/2f7zsP9
Volatility spike coming? The NYT profiles a hedge fund positioning for a large spike in volatility. http://nyti.ms/2eWeJd5
Company-specific news from Thurs morning 9/14. There are a few notable items in Europe. Next PLC shares are the top performing stock in the SXXP after raising its full-year earnings guidance. GVC Holdings also has a post-earnings bid. GKN PLC is higher following mgmt. changes. Autoliv shares are spiking ~8% after the co said it would pursue a split. On the downside, Morrison Supermarkets is leading on the SXXP on the downside after reporting while Experian is getting hit following the credit agency sell-off in the US on Wed. Hermes shares are weak after the co warned that a strong euro would weigh on financial results (the Hermes news was discussed in this article http://bit.ly/2y7L0q7). Munich Re is holding in well despite issuing a profit warning related to the US hurricanes.
Company-specific news from Wed night 9/13. There weren’t any major micro headlines. Munich Re (right before the US close on Wed) said the US hurricanes could cause it to post a loss in CQ3 and miss prior full-year guidance. BZH said new home sales/closings may be down Y/Y in its FQ4 as a result of the hurricanes but its overall tone stayed sanguine. EMR reported Aug underlying orders up a relatively healthy 9% (although mgmt. said Harvey/Irma had a neg. impact on business results towards the end of Aug and into Sept). The White House formally blocked the LSCC buyout (which isn’t a shock as CFIUS had already recommended scrapping the transaction). THC is exploring options, including a sale, according to a WSJ article. UNFI posted small EPS upside and CDNS named a new CFO.
AAPL – iPhone carrier discounts muted following the 8/X introductions on Tues – wireless carriers during prior iPhone cycles have been extremely aggressive in offering promotions and discounts but this time around the industry is staying (relatively) disciplined. Deals for the iPhone 8, 8 Plus and X have been pared back from the deals offered for the iPhone 7 – Reuters http://reut.rs/2wrCpMR o Toshiba, AAPL – Apple may contribute ~$3B of equity towards Bain’s purchase of the Toshiba memory business. This could make Toshiba the largest deal in AAPL’s history (exceeding the $3B it paid for Beats) – Bloomberg https://bloom.bg/2y0FGUC
EQT, RICE – DE Shaw is pushing for EQT to complete the RICE deal but then wants to see the combined company pursue a break-up (this contrasts w/Jana which wants to see EQT call off the RICE deal all together) – WSJ. http://on.wsj.com/2vVe56N
ALV to pursue split – the co said it aims to split into two companies under a strategic review announced on Thursday. Reuters http://nyti.ms/2y7O8Cj
Calendar of events to watch for the week of Mon Sept 18
Calendar for the week of 9/18 – the main focus will be the FOMC decision (Wed 9/20). Balance sheet normalization is widely expected to commence coming out of this meeting but the bigger near-term wildcard will be messaging around a Dec hike (the Fed will likely suggest odds for a 12/13 hike that are higher than present market assumptions). The other big area of focus will be on the data front w/the flash PMI readings for Sept from Japan, Europe, and the US hitting Fri morning 9/22. The press will stay filled w/tax-related articles as Republicans gear up for publication of their blueprint (the GOP is set to unveil their tax plan during the week of Mon 9/25). The UN annual meeting kicks off in NYC on Tues 9/19 (Thy God Emperor Trump speaks 9/19); US officials will apparently hold talks on the sidelines of this event on the Iranian nuclear deal.
Calendar for Mon 9/18 – the focus will be on China’s Aug property prices (Mon morning), the US NAHB housing market index for Sept (10amET), analyst meetings (BA), and earnings (SCS after the close).
Calendar for Tues 9/19 – the focus will be on the German ZEW survey for Sept (5amET), opening day of the UN’s Generate Debate in NYC (Thy God Emperor Trump will speak this day at the UN), US eco data (Q2 current account, Aug housing starts, Aug import prices, and Aug building permits at 8:30amET), analyst meetings (AIR Canada, BA, BBY, BIG, and CARB), and earnings (APOG, AZO, and PGR pre-open and ADBE, AIR, ALOG, BBBY, and FDX after the close).
Calendar for Wed 9/20 – the focus will be on US existing home sales for Aug (10amET), the FOMC decision (2pmET press release/supplemental and 2:30pmET press conf.), analyst meetings (PPC), and earnings (GIS pre-open and MLHR after the close).
Calendar for Thurs 9/21 – the focus will be on the BOJ decision (Wed night/Thurs morning), the ECB economic bulletin (4amET), US FHFA home prices for Jul (9amET), the US Leading Index for Jul (9amET), the Eurozone consumer confidence numbers for Sept (10amET), and earnings (MANU pre-open and PSDO, YOGA after the close).
Calendar for Fri 9/22 – the focus will be on the Eurozone flash PMIs for Sept (4amET), the OPEC compliance meeting (Saudi Arabia could make a proposal to monitor exports in addition to production), the US flash PMIs for Sept (9:45amET), a few Fed speakers (Williams, George, and Kaplan), and earnings (FINL and KMX before the open).
Calendar for Sun 9/24 – the focus will be on the German elections.
Catalysts – big events to watch over the coming months
US inflation – the Aug CPI will hit Thurs 9/14.
Russia military exercise in Belarus – 9/14-20.
UN meeting – the UN annual meeting begins Tues 9/19 in NYC (Thy God Emperor Trump speaks 9/19).
Fed meeting – decision out Wed Sept 20. There will be a press conf. and supplemental. The Fed is expected to announce commencement of balance sheet shrinkage at this meeting.
BOJ decision – Thurs morning 9/21
Brexit – May could deliver an important Brexit speech around Thurs 9/21.
Flash PMIs for Sept – Fri 9/22
OPEC/non-OPEC compliance meeting – Sept 22.
German elections – German federal election Sept 24.
US taxes – Republicans expected to publish tax plan during week of Mon 9/25.
Yellen delivers keynote at NABE conference in Cleveland. Tues 9/26. 12pmET.
US inflation – the Aug PCE will hit Fri 9/29.
Catalonia parliament independence vote – Sun 10/1.
China mainland markets closed Mon 10/2-Fri 10/6 for the National Day holiday.
Autos – US Sept auto sales get reported Tues 10/3; Ford/F’s CEO will also be giving a strategic update on that same day (this will be the first major update from the new CEO at Ford).
Yellen delivers opening remarks at Community Banking conf. Wed 10/4. 3:15pmET.
ECB meeting minutes – Thurs 10/5.
WMT analyst meeting – Tues 10/10 (note that KR has an analyst meeting the next day, Wed 10/11).
Fed minutes – minutes from the 9/20 meeting will be released Wed 10/11. 2pmET.
Bank earnings – the CQ3 earnings season kicks off w/Citigroup and JPM Thurs morning 10/12 while BAC, PNC, and WFC all report Fri 10/13.
US inflation – the Sept CPI will hit Fri 10/13.
HON – the co will announce its portfolio review decision before earnings in Oct.
CQ3 earnings – the week of Mon 10/16 is the first busy week of the CQ3 reporting season.
Iran – Thy God Emperor Trump will certify whether Iran is complying w/the nuclear agreement around mid- Oct.
China - the National Congress of the Communist Party of China starts Oct 18.
China Q3 GDP and Sept retail sales, IP, and FAI (Wed night/Thurs morning) – Thurs morning 10/19.
Flash PMIs for Oct – Tues 10/24
ECB meeting/press conf. Thurs Oct 26. The ECB is expected to provide guidance on LSAP tapering at this meeting.
US Q3 GDP report – Fri 10/27
Fed meeting – decision Wed 11/1 (no press conf. or supplemental).
Thy God Emperor Trump trip to China – he is scheduled to visit China in November.
GE – the co will likely hold an analyst meeting in Nov at which it will provide a refresh of its long-term financial guidance.
OPEC meeting – the next formal OPEC leaders meeting is Nov 30 (a decision on extending the production agreement beyond Mar ’18 could be reached at this gathering).
US gov’t funding/debt ceiling – current legislation funds the gov’t and suspends the debt ceiling until 12/8 (the debt ceiling is unlikely to become binding again until “well into” 2018).
Fed meeting – decision Wed Dec 13. There will be a press conf. and supplemental.
ECB meeting/press conf. Thurs Dec 14.
Tech Events – calendar of events coming up over the next few weeks
Goldman Communacopia Conf. Sept 12-14. NYC.
ANSS analyst meeting – Thurs 9/14.
JBL, ORCL earnings – Thurs night 9/14.
ADBE earnings – Tues night 9/19.
BBY, CARB analyst meeting – Tues 9/19
PSDO earnings – Thurs night 9/21
RHT earnings – Mon night 9/25
MU earnings – Tues night 9/26
UBNT analyst meeting – Tues 9/26
AMAT, PANW analyst meeting – Wed 9/27
ACN earnings – Thurs morning 9/28
SGH earnings – Thurs night 9/28
INTU analyst meeting – Tues 10/3
PAYX earnings – Tues morning 10/3
TTD analyst meeting – Wed 10/4
TECD, WDAY analyst meeting – Tues 10/10
BOX, HPQ analyst meeting – Thurs 10/12
Full catalyst list
Thurs Sept 14 – China retail sales, IP, and FAI for Aug (Wed night/Thurs morning)
Thurs Sept 14 – Eurozone auto registration figures for Aug. 2amET.
Thurs Sept 14 – SNB rate decision. 3:30amET.
Thurs Sept 14 – BOE rate decision. 7amET.
Thurs Sept 14 – US CPI for Aug. 8:30amET.
Thurs Sept 14 – analyst meetings: ANSS, GKOS, YUM
Thurs Sept 14 – earnings after the close: JBL, ORCL
Thurs Sept 28 – Eurozone confidence measures for Sept. 5amET.
Thurs Sept 28 – German inflation for Sept. 8amET.
Thurs Sept 28 – US Q2 data revisions (GDP, PCE, etc.). 8:30amET.
Thurs Sept 28 – US advance goods trade balance for Aug. 8:30amET.
Thurs Sept 28 – analyst meetings: AEE, AFL
Thurs Sept 28 – earnings before the open: ACN, MKC, MTN, RAD
Thurs Sept 28 – earnings after the close: SGH
Fri Sept 29 – China Caixin manufacturing PMI for Sept (Thurs night/Fri morning)
Fri Sept 29 – German jobs numbers for Sept. 3:55amET.
Fri Sept 29 – Eurozone CPI for Sept. 5amET.
Fri Sept 29 – US personal income/spending for Aug. 8:30amET.
Fri Sept 29 – US PCE for Aug. 8:30amET.
Fri Sept 29 – Chicago PMI for Sept. 9:45amET.
Fri Sept 29 – Michigan Confidence for Sept. 10amET.
Fri Sept 29 – analyst meetings: CMP
Sat Sept 30 – China NBS manufacturing and non-manufacturing PMI for Sept (Fri night/Sat morning)
Mon Oct 2 – China mainland markets closed Mon 10/2-Fri 10/6 for the National Day holiday.
Mon Oct 2 – Eurozone manufacturing PMI for Sept. 4amET.
Mon Oct 2 – Eurozone unemployment rate for Aug. 5amET.
Mon Oct 2 – US manufacturing PMI for Sept. 9:45amET.
Mon Oct 2 – US manufacturing ISM for Sept. 10amET.
Mon Oct 2 – US construction spending for Aug. 10amET.
Tues Oct 3 – Eurozone PPI for Aug. 5amET.
Tues Oct 3 – US auto sales for Sept.
Tues Oct 3 – analyst meetings: F/Ford (Ford CEO to host strategic update), INTU, SHW
Tues Oct 3 – earnings before the open: PAYX
Wed Oct 4 – Eurozone services PMI for Sept. 4amET.
Wed Oct 4 – Eurozone retail sales for Aug. 5amET.
Wed Oct 4 – RBI rate decision. 5amET.
Wed Oct 4 – US ADP jobs report for Sept. 8:15amET.
Wed Oct 4 – US services PMI for Sept. 9:45amET.
Wed Oct 4 – US non-manufacturing ISM for Sept. 10amET.
Wed Oct 4 – Yellen delivers opening remarks at Community Banking conf. 3:15pmET.
Wed Oct 4 – analyst meetings: MNK, TTD
Wed Oct 4 – earnings before the open: MON, PEP
Wed Oct 4 – earnings after the close: RECN
Thurs Oct 5 – ECB meeting minutes. 7:30amET.
Thurs Oct 5 – US factory orders and durable goods for Aug. 10amET.
Thurs Oct 5 – analyst meetings: BKH, CLX, LUK
Thurs Oct 5 – earnings before the open: STZ
Thurs Oct 5 – earnings after the close: COST, YUMC
Fri Oct 6 – German factory orders for Aug. 2amET.
Fri Oct 6 – US jobs report for Sept. 8:30amET.
Fri Oct 6 – US wholesale inventories/trade sales for Aug. 10amET.
Fri Oct 6 – US consumer credit for Aug. 3pmET.
Sat Oct 7 – China FX reserves for Sept (Fri night/Sat morning)
Mon Oct 9 – China Caixin services PMI for Sept (Sun night/Mon morning)
Mon Oct 9 – German industrial production for Aug. 2amET.
Mon Oct 9 – Columbus Day holiday in the US (equities will be open while fixed income is closed).
Tues Oct 10 – German trade balance for Aug. 2amET.
Tues Oct 10 – analyst meetings: TECD, WDAY, WMT
Tues Oct 10 – PG shareholder meeting
Wed Oct 11 – US JOLTs report for Aug. 10amET.
Wed Oct 11 – Fed minutes from the Sept 20 meeting (2pmET).
Wed Oct 11 – analyst meetings: KR
Wed Oct 11 – earnings before the open: FAST
Thurs Oct 12 – Eurozone industrial production for Aug. 5amET.
Thurs Oct 12 – US PPI for Sept. 8:30amET.
Thurs Oct 12 – analyst meetings: BOX, HPQ
Thurs Oct 12 – earnings before the open: C, JPM, Tata Consultancy.
Fri Oct 13 – China imports/exports for Sept (Thurs night/Fri morning)
Fri Oct 13 – US CPI for Sept. 8:30amET.
Fri Oct 13 – US retail sales for Sept. 8:30amET.
Fri Oct 13 – US Michigan Sentiment for Oct. 10amET.
Fri Oct 13 – US business inventories for Aug. 10amET.
Fri Oct 13 – analyst meetings: SAFM
Fri Oct 13 – European trading updates: Man Group
Fri Oct 13 – earnings before the open: BAC, PNC, WFC
Mon Oct 16 – China CPI/PPI for Sept (Sun night/Mon morning)
Mon Oct 16 – Eurozone trade balance for Aug. 5amET.
Tues Oct 17 – Eurozone Sept auto registrations. 2amET.
Tues Oct 17 – German ZEW survey results for Oct. 5amET.
Tues Oct 17 – US import prices for Sept. 8:30amET.
Tues Oct 17 – US industrial production for Sept. 9:15amET.
Tues Oct 17 – US NAHB housing index for Oct. 10amET.
Wed Oct 18 – US housing starts for Sept. 8:30amET.
Wed Oct 18 – US building permits fro Sept. 8:30amET.
Wed Oct 18 – US Beige Book. 2pmET.
Thurs Oct 19 – China Q3 GDP and Sept retail sales, IP, and FAI (Wed night/Thurs morning)
Thurs Oct 19 – US Leading Index for Sept. 10amET.
Fri Oct 20 – US existing home sales for Sept. 10amET.
Mon Oct 23 – US Chicago Fed Activity Index for Sept. 8:30amET.
Tues Oct 24 – Eurozone flash PMIs for Oct. 4amET.
Tues Oct 24 – US flash PMIs for Oct. 9:45amET.
Wed Oct 25 – US durable goods for Sept. 8:30amET.
Wed Oct 25 – US FHFA home price index for Aug. 9amET.
Wed Oct 25 – US new home sales for Sept. 10amET.
Thurs Oct 26 – US wholesale inventories for Sept. 8:30amET.
Thurs Oct 26 – US advance goods trade balance for Sept. 8:30amET.
Thurs Oct 26 – US pending home sales for Sept. 10amET.
Fri Oct 27 – US Q3 GDP, personal consumption, and core PCE for Q3. 8:30amET.
Fri Oct 27 – US Michigan Confidence numbers for Oct. 10amET.
J.P. Morgan Market Intelligence is a product of the Institutional Equities Sales and Trading desk of J.P. Morgan Securities LLC and the intellectual property thereof. It is not a product of the Research Department and is intended for distribution to institutional and professional customers only and is not intended for retail customer use. It may not be reproduced, redistributed or transmitted, in whole or in part, without J.P. Morgan’s consent.
A U.S. congressman from Arizona has introduced the Cryptocurrency Act of 2020 while under coronavirus quarantine. The bill clarifies which federal agencies regulate which type of crypto assets. The two acts have been updated into the Consumer Safety Technology Act ... perform an educational function to Members of Congress and will pave the way for more actionable blockchain-focused legislation.” Image source: Shutterstock. Copied. BLOCKCHAIN CONGRESS DARREN SOTO SENATE INNOVATION ACT DIGITAL TAXONOMY UNITED STATES. Like this post: Read More. Newsletter Sign Up. Subscribe now and ... Cryptocurrency exchanges in the UK generally need to register with the Financial Conduct Authority (FCA) – although some crypto businesses may be able to obtain an e-license, instead. Although it doesn’t make special provisions for exchanges, FCA guidance stresses that entities engaging in crypto-related activities which fall under existing financial regulations for derivatives (like ... In Canada, bitcoin and other cryptocurrencies are not classed as legal tender, but Canadians can use digital currencies to buy goods and services on the Internet and in stores. Cryptocurrencies are subject to the country’s Income Tax Act, and entities dealing in digital currencies are regulated under anti-money laundering and counterterrorism financing laws. As Bitcoin and other cryptocurrencies are, at the moment, a largely unregulated commodity, the rules and legislation that govern its use can vary wildly in different jurisdictional areas. These regulations also have the propensity to shift and change with little to no warning, leaving traders and investors with virtually no recourse in response to the aggressive policy changes put in place by ...
Are USB Bitcoin Miners Profitable RIGHT NOW In 2020? - YouTube
In 2014, you told the Canadian Senate to hold off on regulating cryptocurrencies for five years. What would you say to them now and do you see any new restri... This is a short overview of some of the main points to think about when considering how you comply with UK health and safety law. This revision video looks at the tripartite system of financial regulation in the UK Mirror from Zed Pheonix (Ben Fellows): https://youtu.be/HzJpRvSUbl4 IMPORTANT AMENDMENT TO THIS RESEARCH: https://youtu.be/qeb6rN8jt88?t=1509 Legislation cha... Forbes Article - https://www.forbes.com/sites/jasonbrett/2019/12/19/congress-considers-federal-crypto-regulators-in-new-cryptocurrency-act-of-2020/#32780a9c5...