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.
Https://youtu.be/ST_960wTJnY?si=h2Yhc7ZaOGOkaOXP
These guys are talking about the supply shock following the halving. There is a huge demand for QBT. Just need some news which I'm sure is imminent. GLA
WillIwontI, I don't see you telling Jambone to give it a rest when he posts far more often than I do. 🙈🙉🙊🥱
Fleccy we get! We're all adults and quite capable of appreciating the relevance of bitcoin, you have your opinion others have theirs, they are allowed too so please, for the love of everything that's good, please give it a rest, you're boring and patronising!
Pas a Bitcoin isn't art, it has no substance in the real world and the only value it has is dependent on speculation, belief and hype. As I've pointed out previously there's only one Mona Lisa, but there are currently around 20 Million Bitcoin, so at best a Bitcoin is comparable to a Jpeg of the Mona Lisa.
https://images.app.goo.gl/eZ5r1QayiLAR5NF37
https://images.app.goo.gl/xNTxC6kXcPVNmyH57
https://images.app.goo.gl/9wnhNVkYphHDGkdG7
The reason I post in here is because I don't believe BTC has any useful purpose, and I also don't believe QBT's products will work outside of the lab testing environment.
My reasoning behind the 2nd part of that statement is that I believe QBT are trying to achieve the impossible, and their efforts to achieve lab level performance on the live Bitcoin network will be thwarted by the current Network Difficulty and Hashrate. I could be wrong, but producing Nonce ranges and distributing them fast enough to compete with the pure Brute force processing power of the Network, would mean QBT's SaaS would have to process and distribute at comparably fast speeds.
I'm not an expert on Bitcoin mining, so my opinion is based entirely on common sense reasoning, I suspect we'll know within the next year if QBT will succeed or fail.
“ Dont stay stuck in the past Fleccy .... things change ... the world changes ... the way we do things changes“
Fleecy knows this, that’s why he keeps posting here. Look at his posting history, Qbt features a lot 😂
Fleccy , Art has no tangible use ... a piece of board and some paint , with tangible value of 30/40$ !! ....yet valued , collectively, at billions !
When will you come to see that Crypto incl Alts & Memes ... are just maybe the same as the digital worlds version of ( a kind of ) Art !! .... the zeitgiest of the (digital) age if you like !
Furtheromore i'm not sure you can say it has no value , when it has made many thusands of younger , switched on folk ... a million dollars or two !?
Dont stay stuck in the past Fleccy .... things change ... the world changes ... the way we do things changes ! 🙏
So it's a bet on the results being successful. Would the power efficiency leave any residual value
Of course it's here to stay, no doubt it'll have a collectable value once the hyped enthusiasm evaporates away. The reason it's survived this long, is due to the massively successful marketing machine that's continually encouraging new money into the token, but that'll only take it so far. At some point the Whales and HODLers will want to take profit and since Bitcoin doesn't pay dividends, the only way to eventually realise profit is to sell; If enough of the big money starts to shift out of the token, a trickle could soon turn into a flood. There's some big money financial players with interests in the token, who'll have to rely on good volumes in a rising market in order to take profit, which explains why they've pushed so hard for the US spot Bitcoin ETF's in order to bring in new retail cash, via the institutional back door.
Bitcoin enthusiasm will eventually dissipate because Bitcoin has no use. The cost of Bitcoin production valuation model for minting new Bitcoin is also a fake valuation tool, since the Bitcoin itself has no intrinsic use once it's created; A Bitcoin isn't a store of potential energy, the energy used to produce Bitcoin isn't stored within the Token itself and can never be retrieved, you can only use more energy to transact it by mining ever more Blocks and using more electricity. One example of using excess electricity to store energy is a gravity battery, where excess energy is used to raise a Mass to a height, hold it there, and produce electricity when it's eventually allowed to fall under Gravity. Bitcoin is just a dud battery that continually sucks in energy and returns nothing.
https://arxiv.org/ftp/arxiv/papers/1805/1805.07610.pdf#:~:text=Dimon%20and%20the%20grim%20hypotheses,concerted%20computational%20effort%20requires%20the
https://en.wikipedia.org/wiki/Gravity_battery
I’m sure it should have been yesterday, does trading stop whilst it resets to the new value.
Has anyone been around when it’s happened before. Cheers?
Watch this space now. This is what Qbt is all about
Sorry Flecs ... its here to stay ... no doubts about It
Yep hopefully even Fleecy should have worked that out
....might help anyone in BTC .... no need to panic .... follow the Pi cycle !!
its never 'taken off' out of the 3 previous halvings ...
Furthermore ....ETF's / ii's wouldnt be in the slightest interested if it wasnt going to trade , ultimately to the upsaide ... sorry Flecs ... its here to stay ... no doubts about it !!
https://www.tradingview.com/x/9SqufCzN/
Then it’s doomed for the mean time. Next news HAS to be positive
And what if it doesn't?
If Addison did RNS or the announcement I'm expecting to happen (soon)
Since the recent announcement that Block Inc have finalised development of their new intel chips based mining rigs, they have signed a deal with QBT which means the methods will be used within their mining farms and across the ocean pool network, ongoing discussions with block which sees method C being used on future mining rigs too.
I think this announcement landing is more likely than the methods working on Bitmain, because it has already been said that this would void the warranty on £millions of rigs.
Currently Block have been focused on the BITKEY rollout, which has started shipping, the new rigs are expected to land this year, now the halving has happened this could come sooner rather than later
Conformation that QBT software, especially method B on a live mining basis, which is being carried out now….
the Company is performing intensive live mining tests 24/7 using ASIC-based Bitcoin mining devices connected to two large mining pools.
Conformation on this does as it should will start a massive rerate.
For Bitcoin believers and disbelievers.
Peter Schiff echo's my view perfectly.
https://www.youtube.com/watch?v=xfHCly1ZCQ0
Qbt are pleased to announce that our software works seamlessly with Bitmains T21 miners and is more productive than first thought. Gotta dream hey. If Carlsberg done forums lol. Have a good weekend all regardless of your stance on this stock. Peace out
Million dollar question, literally a million dollar question.
When do we expect the test results or news on a commercial deal by ivan
Jam how could I possibly be comparing it to Gst?
Gst actually earn money.
Have a great weekend.
Very good AIM. Made me laugh that one, fair play to you.
Only too ticks people must’ve finished early for the weekend.
Good news is around the corner, this will not tank as you say. It doesn’t matter what happens to BTC over the weekend, according to people it’s relevant to QBT, but when we have a confirmation of a deal. Bingo 5p.
Good weekend people. 🤟
AIMloser, sounds like you are describing GST to me, all sucking away in the echo chamber with zero happening.
You apparently have a product but nobody is interested in and that’s why it won’t move.
QBT is awaiting results of testing which is going to be soon and you are so worried the SP might go up we have you and the troll group here 24/7, it’s great because it shows exactly that you think thins will absolutely fly on conformation as we all do.
All about your dry powder and investing on news, so many want to do that, I’m sure N/T and massive premiums will be your issue here.
Good luck to all the genuine people invested here 💪
Monday mornin was a that I hoped it would be