Roundtable Discussion; The Future of Mineral Sands. Watch the video 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.
Agree totally with your third paragraph AHS
Kop, I just can't get my head around why coincodex figures would be wrong?
However, on the flip side, if they are correct, then GS20 alone would be worth many multiple millions to the Mcap, so I struggle to see why we are where we are.
Either the figures aren't correct, which in itself is strange and surely easy to rectify? or they are correct but investors are waiting for confirmation from Gst as they don't believe them.
All i want to see in July, are some solid financials being released, if we are increasing revenues that will be perfect, if we are smashing revenues, then even better. I'd just like to see YOY improvements and I'll be a happy investor.
We are now in the official Bitcoin bull market. Should last the next 12-18 months. It runs in 4 year cycles.
Kong1 that volume was not today but one of our better days recently
Kong1 just running over the assumptions. And then checking exchanges on either side of our rankings on coincodex and their trading charges worst case scenario of .05% = $β―949.70M current volume therefore $474,850 charges, if only π
"Providing the Coindex figures are correct". That's the problem. I don't think they are accurate at all.
Iβm pretty sure trading wonβt stop as the halving is linked to mining new bitcoin and the resource needed being double previous. Nothing to do with trading existing and newly mined coins. Guess itβs like building a house with bricks half the size over previous which doesnβt affect houses already built.
So if itβs .2%
And on average they do letβs say $500m per 24hrs
That works out at around $1m per 24hrs
Am I on the right lines or got this completely wrong ?
Providing the Coindex figures are correct
Iβm sure it should have been yesterday, does trading stop whilst it resets to the new value.
Has anyone been around when itβs happened before. Cheers?
One thing I'm certain of is something soonish will trigger a bag.
They also get revenue from withdrawals and OTC trading which isnβt reported on the exchange I think
What was the percentage GS20 receives for transactions
Was it .2% ?
Once everything is set up fully, from the GS20 Crypto Exchange, to its 4 coins and Angra, (this will be hugely derisked) there will be income streams from all angles.
As we know income increases a companies market cap which increases the share price.
GST seems to have stolen a March on lots of others in the same space ! I invested in a company going down this route years ago and in short space of time in my opinion GST have well surpassed them. First mover advantage here in what will be a huge space ! One piece of news will be the game changer here ! Have a good weekend all !
Hopefully this has an effect on our volume on GS20.
Every four years, the reward for mining new Bitcoin blocks is halved, reducing the rate at which new Bitcoins are created. This event, known as Bitcoin Halving Day, is programmed into Bitcoin's protocol and has a significant impact on its supply and demand dynamics.
Bitcoin Halving Day matters because it is like a built-in safeguard against inflation, ensuring that the total supply of Bitcoin remains finite and gradually decreasing over time. It's a key moment that underscores the scarcity and value proposition of Bitcoin.