London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
AHS you get rewards by staking to secure the network it’s another although prob minor income stream.
Lloyd yes I know, I just don't know what staking the coins actually means.
Seems to be fully operational again.
24h Trading Volume $ 549.69M
Exchange Rank #63
AHS they have been staking it since 2021, when they released GSmoney and completed the testing of the stablecoins. This is why we must be one of the first in the door, in essence GS money stablecoins has been ready for almost 3 years. Hopefully jack (who had the coalculus platform ready since 2019) has his eggs in a few baskets behind the scenes as stablecoins are the future and everyone is racing to get them through. They need to be holding out their banners at the FCA headquarters saying they are ready to go!
Add to that Coincodex is frequently not showing data.
GS20 Exchange
We currently don’t have the necessary data to display this exchange’s trading pairs and trading volume. More detailed information about this exchange will be displayed as soon as we are able to access the required data. We apologize for the inconvenience.
GST are staking their Coalculus holding, trying to get my head around exactly what that means!
Coal is a minnow and more a means to an end for gst. It can jump in any direction on tiny volume. I wouldn't read much into it. A bit of media attention would be a bigger help
I’ve been keeping an eye on calculus and I’ve noticed they are trading about $1000 every 24hrs
Over night last night it’s jumped to $20,000 and jumped 2,000 places up the leader board.
Can anyone shed any light on this ?
Kong
Money printing machine
Sorry you have to cut the entire URL into the browser
Real bid is higher than the share price. 1.18-1.20. Bit of blue please. This is getting a bit dull
Obviously this doesn't factor in the 'First to Market's situation in the UK
https://www.merkeleon.com/wiki/how-do-crypto-exchanges-make-money-guide-for-striving-investors/#:~:text=Trading%20volume%20on%20crypto%20exchanges,-In%20its%20analysis&text=So%2C%20if%20the%20average%20number,income%20is%20about%20%2467.5%20million
It's not media you absolute clown and it's not the main part lol.
Get back to Qbt clueless, you make a fool of yourself there, no need to make one of yourself here as well.
Agreed Aim.
We could get an Intra day rns on easy completion or an update on innovation pathway.
Something will come that will start the rockets.
#victorylapstarts@3p
Aimhigher, if this is such a a sure thing then why is the SP down here, you have no idea about any profit, your guessing, no figures from the company, the FCA seem unwilling to move forwards, you have had some media in which it’s main part says the chap is a professional at capital raising.
Talk about an echo chamber.
As long as there is crypto, exchanges will make money, be glad you're in a tiny company with huge potential who actually own an exchange.
Fees from both buyer and seller.
Licences to print money from their FX.
A very comfortable hold.
I’m no longer invested in ARGO but it’s not that straightforward the reward halves but the price increases ( just check BTC prices after previous halvings ) ARB has bigger issues it would seem right now.
With regard to GS20 we don’t hold BTC ourselves ( as far as we are aware ) so we are going to gain from the volatility in both direction that comes from increasing buying and selling of BTC. Then we will get a run up on the Alts, we don’t provide a service for many of them but will see increased volume again. We do however hold COALCULUS ( see previous RNSs
Kong,
Re: 'GS20 linkedln page is taking about Bitcoin halving in 3 days
Can anyone shed any light on this, and what it means ? '
OK my simple economic analysis:
If the supply of BTC goes down as in the case of reducing the supply by 50%, what would you naturally expect the price of BTC to do if the DEMAND for BTC remains the same? Obviously the price of BTC should at the very least Double?
Anyway, as far as GST is concerned it don't really matter if you stop and think about it. Why?
Simply because GST get their revenue from commission fees O.02% of the transaction value be it a Buy or Sell of BTC. So, if volumes of BTC transactions is reduced but at twice the price, nothing really changes.
The only potential downside might be that should volumes of BTC reduce substantially??? then will the price of BTC falls in order to make a market for BTC, that's the only question I can think of, and that in turn will affect GST.
As much as I'm not invested in Argo Blockchain I guess that would be terrible news for them
Bitcoin halving means the rewards for mining bitcoin will be halved, this will probably mean less mining as far less lucrative for those involved.
Probably means less new bitcoins which should hopefully drive the price up.
Back to the coalface 🤔😎
Many thanks everyone
Which creates plenty of volatility, which creates lots of revenue for crypto exchanges, anyone know of one?
April 2024
Bitcoin halving is a process that reduces the block reward for miners by half every 210,000 blocks123. The next Bitcoin halving is expected to take place in April 2024 at block 840,000145. The block reward will fall from 6.25 to 3.125 bitcoins253. This will affect the supply and demand of bitcoins in the market3.
Kong1 apparently happens every 4 years, judging by past cases it doesn’t necessarily mean anything bad. Plenty on the web, just search.
https://www.investors.com/news/bitcoin-halving-how-to-know-when-it-happens/