We would love to hear your thoughts about our site and services, please take our survey here.
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.
44p is a great price...topped up myself earlier, won't be able to buy these under 50p for long..big next 6 weeks with lots of news flow...this will sure move fast once it starts!
Back in today at 44 having sold at 48 for a large loss which i regretted soon after as the sp recovered to 55. Luckily i have made up that loss and more with other shares and delighted to re enter at 44 given all the potential and the fact we are now nearer to substantial news.
This will be back above 50p next week and after the payments launch by the end of next month could easily be £1+...anyone buying at these levels will do very well short, medium and long term!
Just added some more, sub 44p.
No more for me here now.
Not seeing or hearing anything to change my view of future growth possibilities.
Time to sit and wait for news - Payment App launch and confirmation of U.S. listing can't be too far away.
gla
I agree with the sentiment of that last sentence - really does feel like an excellent price-point for entry here. Daily bitcoin news isn't as relevant given the recent, wider wake-up of the world to the use of crypto-currency generally, block-chain technology & possibilities of bank / charge-free transfers. Couple that up with the tie up & integration of the app with the Chinese demographic and MODE could be onto a real winner. Very exciting times ahead.
Mode are back into top 100 android downloads with the increased volatility. I know I was buying bitcoin and mode shares yesterday. The stampede for the exit has eased today. There can’t be too many weak hands left, and we’re nearly halfway through Q2 so the build up to payment app launch will kick in. It’s always darkest before the dawn.
I don't think Tessla action is stupid flagging up the negatives of the ridiculous power needed to mine BTC - but surprising how they did it knowing full well it would short BTC massively as well as irritate their BTC clients.....but they are sending a hge message to the world that they are 'Green' thinking (oh except they burn a **** load of fuel when they bugger about with their stupid space rockets!). There is an issue with the amount of energy these cryptos are using and it needs addressing. BTC and other cryptos need a solution to be more green and for me these are extremely clever people who will find that solution then Crypto will take a huge hike up....its all part and parcel of the Crypto evolution.
Bitcoin will recover well...imagine the trading fees that Mode will have earned over last couple of days must be well up..Retail partners, OTC listing and payments system launch all to come very soon..no brainer at these levels never thought I would get a topup below .50 again.
Can’t agree nothing has changed.
BTC has recently fell from just under $65,000 to $48,000 in a very short while. Until MODE releases the App the company will be looked and judged on BTC.
We keep hearing about this super App and agree we’re only halfway through Q2 but we need to see action now not promises.
Rookie1 it was still worth it at .70 in my opinion.
I started at .48 then .42 and next buy ins were highest .70’s and lowest .50’s of recent weeks.
Looking forward to having the full product launched out of sheer curiosity.
In my view this is to bamboozle / put off potential fresh investment into the space. As noted most BTC already exists and many other Crypto's are using a proof of stake consensus which uses far less energy with tiny transaction fees. I'm seeing incredible developments on a weekly basis. This is how a free market harnessing entrepreneurial flair and innovation should work. The corrupt powers that be know that this is unstoppable (unless they unleash some kind of deflationary hell on us like the 1930's, even then Crypto's will probably bounce back fastest, hardest and strongest - see Covid dip last year) so they are trying to control the narrative and buy some time in order to roll out their Central Bank Digital Currencies (CBDC's). Like FIAT these will be centrally controlled but with even less individual sovereignty and privacy as at least we have cash (for now). The more people become accustomed to using BTC and other Crypto's the quicker everyone realises we don't need Central authorities having the power to issue at will the very thing used to value our labour / time and savings. Peer to peer transactions, including seamless cross border payments and DeFi are the way forward. BTC is pretty much the de facto currency in Nigeria these days because their local FIAT is basically worthless! The Nigerian government tried to ban it which only put a premium on the price there. I think they are the most populous country in Africa with a very young demographic.
it is bed wet central, especially in this share. NOTHING HAS CHANGED
Agree Rookie - and Tesla action stupid - as you say, most BTC exists - like saying he won't accept gold
.It would fook ARB up though
So if Bitcoin has become so bad for the environment and were to stop the mining of new coins it would just send the value of the already existing coins stratospheric? I believe there is only around 10% or so left to be mind so stop the mining and cap the amount of bitcoin at as we are now? Or Am I missing something?
Or is it just because the banking system know this revolutionises their corrupt system they want rid of it?
Some serious bed wetting going on today.
Just remember we only have circa 91m shares in issue of which 25% are free float.
Predicated on good news flow of product launches, merchant onboarding and greater visibility on revenues, this will absolutely fly.
Here’s hoping....GLA
be nice if they did something to support the price, it's almost as if they don't give a **** what the price is at the moment
Wow, crazy sp now, makes my buy in at 70p look foolish but confident in this long term.
My cheeky top up/average down yesterday at 48p is not looking to clever as it stands but certainly not concerned longer term - so much happening here from June onwards.
I do echo those sentiments around why we don’t go up with BTC but we go down with it - that is frustrating and seems unfair as clearly the market does not understand our current and future business model.
Patience required here
Without a TR1, no one knows who is buying or selling.
It is just speculation.
Whenever there is a placing, it seems to be the norm on these boards that the placees either forward sell, or get out at the earliest opportunity. It lways seems to be the narrative, especially with a SP drop. It's the 'go to' response
Next it will be the MM games, MM manipulation, and MM's letting their mates in cheap posts prevalent on all boards.
Frustration at the SP not rising daily is understandable, especially when you believe in the company, but there is not normally just one single factor for any price move when no news.
U.S. markets all down yesterday, all major Aisan, European and UK markets down today. Commodities all down, all cryptos down.
Volumes have been low here for several weeks now too.
Hardly a surprise that this is down really.
Explained in my post
or worse still 44p
Jimzi, what would make you think that it was Placees selling /
The placing was at 55p , why would we sell at 45p !!
Not sure there will be many buys here until Btc reverses. Ridiculous but people just don't seem to understand Mode makes money on Btc transactions, not just buys.
Nothing is making any sense in the crypto sphere at present
MODE, ARB and OBC have taken an absolute hammering over the past few weeks and months. They fall with BTC but fail to rise with it.
But TH is quite right, Elon is playing games with BTC at present.
I did ok with Mode and ARB but I'm down well over 50% with OBC. Good luck all . . . . :-(