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.
Good to see the BTC hammering, a full 20 % correction this time. Much better this than
getting stuck at 70 k for 6 months going nowhere - ebb and flow is bitties lifeblood. Not
sure about adding SOL at this stage. Its already more than 10x on this journey - is it really
likely to 10x again ? I'm gravitating towards becoming mostly a wholecoiner , with a smattering
of high yield alts - even if they tank - rewards will hopefully compensate over time. Good to see
CORZ CEO and other insiders making hefty share purchases yesterday - the exact opposite of
RIOT etc, just strengthens my convictions in this stock. Pretty risky debt set-up, but I think risk
the order of the day when it comes to miner picks. Just keep position size within reason imo. Think
its a 'when' not 'if' bitcoin crosses the 100k mark. Japanese pension funds looking to add, lots of
new Hong Kong etfs on the way, bound to be some MSTR clones before long, even the UK thinking
of allowing some kind of ETN commodity type etf later this year too. Stock market meltdowns aside,
all looking good imo.
Thanks Botak always appreciate your kind informative responses
Https://cointelegraph.com/news/uk-fca-crypto-investment-products-etf
Sheèrclass touched on that subject last night . DOT & ATOM were the bees knees last ull run but no so prevalent this time round . So do kr1 overlook the success of the leading blockchains or allocate a wee % to skim some cream then pass on that capital to new start ups in line with normal investing methodology. As they did in the beginning 2017/18, or dig in and hope existing holds ome good.
The kr1 share price action points towards something new
Seems the bod are badgering uk FCA for main market listing .what will be the fallout should they be successful.
Imo mom.kr1 is a very smart investment. The bod are very smart and have been successful up to now .however .investor sentiment tend to go with the flow . ( I speak for myself ) and post positive when sp goes up & negative when going down .SENTIMENT ! .
is it not prudent to re evaluate every so often ? Crypto is a volatile asset so today's good news might not nessasary be tmrws way to go
For me .kr1 bod are a top management team and have a seat at the top table . Solana is looking like it will dominate development .so why not have the likes of SOL / AVAX within the portfolio . To have a degree of balance and hedge agInst the fortunes of highky sceptical *to be live * protocols .
In times of extreme volatility there is a base layer of security against going to 0
None of us have a crystal.ball giving a view 100% of movements . So why not hedge to protect one's capital in kr1 .the NAV
And only nice responses please because i follow you clever folk on this
Sorry guys yes the share price I was expecting something g similar like from the last bull run but atom lido and dot not performing - so may be next time round - 2025 I think when the general climate for everything gets better - but what I don’t understand is why does everyone one minute slate it off the. Say things like mouthwatering , unicorn - I’m confused guys is this crap or is it good ?
It's been had Monk . Unless you have a million or so to trade and play its just tough for hodl.rs . watching your stash being trashed
Time to re assess one.s holding now ... it was defo on the cards with the trading pattern of late
Can't say I hold GW in the same esteem as yourself DRANK . He might have a brain the size of a football but doesn't nessasary mean he.s a genuine geezer . Some of those parachain auctions were well below board and it was his baby . Polkadot might be talked up but the token has a long way to go to even reach ATH . I pick up a lot of bad press on kusama of late . How kusuama and polkadot are supposed to co exist ? But then I'm not even It proficient never mind qualified to spout an opinion on protocols capabilities
Market showing wee signs of recovery since us open
GLA
Now - BTC halving within weeks. Altcoins will follow the rise
25% drop in under a week on a Bitcoin sell off. This is just silly. Becoming a bit of a bad joke of a share imho.
Lots to like about Polkadot and Gavin Wood. Co designer of ETH, which is one of the older tokens,
and doing very nicely nonetheless. Generally regarded as one of the best designed and most secure
networks, Polkadot code due to be embraced by Cardano, likely to be a big web3 player, about to
shortly bridge to ETH and KSM, Gavin one of the smartest minds in the game for sure, and if in any
doubt about this, suggest watching one of many recent podcasts and interviews, eg below. Oh,
and I nearly forgot - up to 18 % staking reward for node validators..
Interesting that miners selling off less than BTC itself today. This may signify at least a short
term bottom. As well as a MSTR top-up, which I see as a long term hold, and happy to buy tranches
down to $700, also bought some Core Scientific.
Having come out of chapter 11, with a very capable new CEO, this, the worlds biggest (by BTC mined
p.a) Bitcoin miner, has a tiny $600m mkt cap. A lot of debt yes, but a lot of new miners on the way,
and with $100k + bitcoin on the way, a couple of well timed dilutions should help fix this. Not a main
stream pick, but Core could be the big miner surprise winner of 24 ? Any thoughts on this !?
https://youtu.be/Yw3mQNJ5UJQ?si=1JAmKu2j1pqbHMcx
Yes . 100%
These guys know the space inside out. They are pioneers and are privy to a lot of insider information ( maybe that is what has prohibited there entry but I doubt it ) . Not sure on the regs but other listed companys take positions in centralised protocols . Why fly the flag for new tech if its to the detrement of the fund in general .surely the aim of the game is to be firstly successful to generate capital to allocate to the up and coming protocols .Is it not imperative to be able to diversify and cherry pick winners .as this cycle is is showing yesterday's winners can be today's has been.s
.do they not have a responsibility to shareholders to balance the books instead of some sort of brave ALAMO last stand on invested tokens .
These guys are some of the best in the business and WTF am.i to read the script. They have the capability. Resources and conviction to hedge the funds fortunes
Why Not Boys ?.
@Botak, totally agree with you about them investing in the likes of SOL & AVAX, same with Cardano & Matic in the last cycle. I find it bizarre.
Did you ever read the reasoning for G&K changing the tactics which were so successful in 2017? Back then they jumped on lots of listed projects early in the bull market and made bags on all of them, which then funded their investments in ATOM, DOT & ICP. Fair enough, NEO, BLZ & quite a few others didn't work out, but at least they were active in the listed space and newsflow was plentiful.
Today it's all a bit odd. There are dozens of investments which we never hear about again, zero transparency on their plans for the staking income & a definite lack of diversification in their portfolio of listed assets.
It makes the current share price / market cap hard to stomach, especially compare with the 6pn/ £10m cap at this stage in the last cycle... those were the days!
I expected kr1 to do well regardless of TIA within the portfolio. Seems now the fortunes of celestia are quire a dominant aspect of the pf
It's become quite clear who the leading protocols are this time around .SOL & AVAX . imo it would be prudent for the dynamic duo to hold a % of the pf in ( call them centralised if you want ) obviously the winning platforms to at least offset any heavy downturn in the general market .
From what I can gather TIA was overpriced even in single digits so if our fortunes are tied in there we could be 😩 for short term
May I ask what you see in DOT to champion its fortunes ? I participated in the parachain auctions and some of those protocols shafted us good style and that imo does not hold Gavin wood in an honest and clean light
ATOM & DOT are not performing to expectations .neither is LIDO so !!
C'est La vie
As planned, just ingested a small nibble of MSTR. I fully expect it to drop more, maybe even to sub
10 bucks, but longer term, expect this to become a Trillion dollar monster maybe 3- 7 years out. It
is THE Tier One crypto asset (imo) ! !
Its a good job that TIA was a big winner, or else KR1 would be struggling to maintain
a share price above 50p. The other tokens have under performed on the whole. The
emphasis now on yield, not capital growth. ie, this is a fund for investors with a long-term
horizon, who should do very well. The management dont participate in meme or fad
tokens, which would no doubt damage their street-cred. Maybe they do dabble in their
own private accounts ? The reason I stick around - I'm still a big believer in DOT 2.0 and
its satellites. One thing that does bother me a bit though, and havent heard it mentioned
here yet - the tokenomics for TIA not very favourable towards the latter part of the year, and I
do hope KR1 execute a reshuffle before then.
Even small sells can be below the bid on this exchange. That’s why it’s hard to trade. As to who the seller is , there are a few who have suddenly gone bearish, ehem Botak, and just remember that words on a bulletin board really aren’t that upsetting and no malice is meant by it. Anyway the dice seem to have switched to the upside so you can always buy back in, albeit at a higher price. Wouldn’t want to be left behind after all this time eh?
The dump of 70000 shares at 91.5p was below the bid price at the time of trading, as was the 120000 share sale. Presumably the seller must have been desperate to offload and take the hit, due to placing trades well beyond normal market size? I was hoping for an upward move and had set up limit orders to sell at 115p and 125p because I was away from a screen for most of the day.
If Bitcoin continues to fall before the halving, then it will probably drag most other crypto down as well but a reversal to above $72k would change the picture?
The Red flag I am referring to is the fact that someone dumped £70K @ 0.91 and a £120K dump @ 0.896 friday afternoon, When Investors were happy to pay between 112/ 116 only a few days ago , OK We can say that KR1 sp is simply tracking the general day to day movements of the crypto market , Unfortunately Not ! The last 6 6/7 weeks or so Crypto market cap has gone from $1.7t to $2.8t + 60/70% increase,Some protocols 300/400% jump ,, whilst KR1 in comparison ( TIA token has increased KR1 nav by $120M ) moved from around 0.78 to 0.91 @ yesterday cop .
Its the weakness / vulnerability in SP that to me is driving my hesitation in HODL strategy from a solid extremely well run crypto basket fund in compased in a Tax free ISA wrap to alternative Digital Asset growth story that does move on supply & demand with the negative exposure to tax
Be interesting to get alternative views
KR1 sp.movements do not make for a pleasant read . The very fact that someone dumped 120k of shares yesterday afternoon is enough of abred flag for me . Seems one will have to rethink strategy Regards my invested here . At a time when the sector is red hot 🔥. And tokens like SOL/ avax are blazing a trail whilst kr1 assets are in comparison treading water . However ! regardless of the performance of the nav ( celestia to one side) and regardless of the outstanding returns from staking .or the outstanding prospects for the business model . This time round the market is not attributing value to KR1.s portfolio. That is a massive concern as we all know how vulnerable these crypto stocks are to any downturn .
The sp has been manipulated now for months to satisfy some entities thirst for grip .for whatever reason kr1 has been targeted or its pure market forces dictating sp movements .
I find it very disappointing and extremly concerning that value is not coming to the fore whilst the Digital asset space is breaking new ground with the crypto market cap on the cusp of breaking through ath of $3T . Even without TIA in the portfolio I would have assumed KR1 Sp to be pushing £1.50 purely.on POS rewards and management standing .Granted DOT & ATOM are nowhere near the price achieved last bull run but bring in multi millions in rewards
Its not so much the fact of * what's not happening to the sp .* it's the danger of *what could happen to the sp *, when we start experiencing the harsh 30/40% retraces . The risk / reward ratio is alarming at current pattern
Not sure how other holders feel.but me ! I.m not comfortable holding a stock that is very fragile and quite clearly manipulated under in-sufficient volume . Like a gold plated very valuable rabbit in car headlines. Ya just wanna scoop it up out of harms way
The discount to NAV is starting to get a bit worrying now, at what point does the selling point of being a way to get exposure to higher risk/reward coins and tokens when there is no reward for the risk. I still feel like buybacks from the monthly income could be a good way to solve this
Ethereum’s highly anticipated Dencun upgrade went live on the mainnet on Wednesday at 9:55 AM ET, at the beginning of epoch 269568, for those following on-chain.
According to developers, the upgrade will reduce transaction costs on Layer-2 to the extent that gas fees may become obsolete.
Apart from lowering transaction costs across Ethereum Layer-2 networks, the Dencun upgrade also massively expands the blockchain ecosystem’s capabilities. Following the implementation of the upgrade, settlement contracts across Layer-2 networks will incorporate it, a process that will take a couple of months. According to one Ethereum developer, once incorporated, gas fees on Layer-2 networks should immediately fall by 75%.
Ethereum developers held a live stream in the hours leading up to the upgrade and discussed different Ethereum Improvement Proposals (EIPs) that would be rolling out with Dencun. They also explained some of the new technologies and terminologies associated with Dencun, especially blobs, which are a new way to organize and send data across the Ethereum network.
Details Of The Upgrade- is a scalability-focused upgrade that includes EIP-4844, also called Proto-Danksharding. Proto-Danksharding creates a dedicated data channel for Layer-2 on Ethereum, significantly reducing transaction fees on rollups. The upgrade ships a total of 9 EIPs, tying it for the largest single fork in terms of number of improvements shipped. Following the upgrade, most users will begin seeing benefits within hours or days, as data blobs introduced by EIP-4844 significantly slash transaction fees. According to Hannes Graah, a builder at crypto wallet Zeal, this real-world benefit is driving huge anticipation for the upgrade.
“The Dencun upgrade brings us closer to a future where fees are an afterthought, not a dealbreaker. Just as we generally don’t worry about the cost of traditional domestic bank transfers, Web3 users should be able to transact without worrying about fees.”
Major Reactions
Aki Balogh, co-founder and CEO of DLC.Link has compared EIP-4844 to the NoSQL movement of 2010, which removed the constraints of structured SQL data through developments such as MongoDB.
“Giving developers large blobs of temporary data (deleted after 30 days) provides them the opportunity to innovate while not increasing load on the network. Similar to Mongo’s effect, this proposal will help innovation as dApps and chains find new ways to use the temp storage space.”
Gnosis’s head of infrastructure, Philippe Schommers, said that in contrast to scaling in Web2, the new data storage channel does not compromise on decentralization. Gnosis already implemented the Dencun upgrade on Monday. “When working towards scalability solutions on the blockchain, there are choices that developers have to make to prioritize decentralization. When you look at Web2 infrastructure, it’s easy to see how centralized scalability can be done, but that’s
Feeling a bit like rinse and repeat…
Elon Musk stated that people would eventually be able to purchase Tesla automobiles with Dogecoin DOGE +8.69% DOGE +8.69%
$0.19
See Details
cryptocurrency during his recent visit to the company’s manufacturing plant, Giga Berlin. The car company already lets users purchase merchandise with Dogecoin.
“When can you buy Tesla with Dogecoin? At some point, I think we should enable that.” Musk said in a video uploaded by X user @dogeofficialceo, answering a query about car purchases with Dogecoin. “You can buy Tesla merch with Doge, which is cool. So, Dogecoin to the moon.”
Musk has previously expressed his fondness for the dog-themed memecoin on multiple occasions.
His latest support for the token follows his comments that may indicate a waning interest in cryptocurrencies in general. Last year, Musk mentioned that he no longer devotes much time to thinking about cryptocurrencies. The CEO of Tesla also stated on X that the social media platform, formerly known as Twitter, would “never” launch a crypto token.
Musk's comments have historically influenced Dogecoin's value.
Notably, Dogecoin's price increased by 6.9% in the past 24 hours to $0.185 at the time of writing, according to The Block’s price page. The cryptocurrency has surged nearly 100% year-to-date.
https://www.theblock.co/post/282407/elon-musk-tesla-with-dogecoin
Hi SK, think we're almost on the same page - which is a rarity ! FETCH beyond my
paygrade - no idea sorry ! My alts centred around SOL, KSM and DOT, a tiny spash
of GLMR etc to spice things up, but I'm actually lightening right now to flip back
into BTC after a good run. Still hold some TIA, which I think / hope will bounce back
fairly soon.
Deleveraging event / Global liquidity crisis - nice terminology haha ! Gold and silver
charts looking quite aggressive - they damn well should, and about time. HUI gold
index ludicrously cheap vs metals, especially with crude sub 80 bucks.
I think sometimes about Barrick worth about 15 bn, with full scale mines in about
20 global locations, with a fleet of jumbo trucks at each, flotation mills, acid heap
leach etc etc , and then look at ETH at 500bn, or Nvidia at 2 trn, and really have to
wonder - what the hell is going on in this world ? If deleveraging happened, gold
much more likely than crypto to escape, or even advance, so gold / crypto is a good
risk / reward balancing act. Had a look through your royalty list, and opted to buy
Sandstorm. Small enough to grow / big enough to cope might sum it up. Good plan
to buy royalties for safety, mixed with juniors for capital gain, and big caps for stability.
Good plan, like it ! A bit wary of Rick Rule, have found some of his advice quite off target !
of monster