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“I will let the SP do the talking”
👍👍
According to the Prn, Qbt are not close to a massive breakthrough.
Here they are, the FOMO gang with no shares spout misleading guff.
Nothing wrong with the update so give it a rest.
Next news Method B works, clock is ticking on the live results as “the Company is performing intensive live mining tests 24/7 using ASIC-based Bitcoin mining devices connected to two large mining pools.”
This is the key to start the rerate, nearly 3 weeks ago now
I will let the SP do the talking,
I don't want to fill this forum up with your negative backlash of the positive things I have to say.
have a good day all!
Aimlower getting desperate now and he knows Qbt is very close to a massive breakthrough and there is nothing he can do 👍
Go on the Nickbo, tell me the 1 announcement that will send the share price from 1.175p to £1.
The news to send this little company to an Mcap of 1.3b. Let's all hear it.
Never shorted anything by the way, I just live in the Real world, some here should try it. When you're ready, let's hear it
'Everyone knows this could be one news update away from 50p or £1'
We have had the update. It was terrible.
Aimlower,
Incoherent shorting more like
Nickbo1
Posts: 45
Price: 1.175
No Opinion
RE: News to come.Today 07:38
Everyone knows this could be one news update away from 50p or £1
1 news update from nearly 100 bags? This board has become a cesspit of the delusional. There is incoherent ramping, and then this...
“ RE: News to come.Today 07:38
Everyone knows this could be one news update away from 50p or £1“
👍
Parker you've come back with yet another ID and tell People not to listen to others. What a joke.
News this week or next? Who knows?
I’d rather be in than out. If news drops then this will move fast.
Settlement.
Nda signed.
In Negotiations.
What is not to like about this.
I’m sure some will point out my errors.
Gla.
🤞
Everyone knows this could be one news update away from 50p or £1
Whats going on here?
I have had chance to go through some of the posters history on here and have had chance to form my own opinion......
Jambone - A tad overbearing, tends to post the positive side which seems to wind the consort right up, why is that? I have checked out what he/she has posted and it can mostly be found in the company releases but tends to be the more positive side.
Suthy - His POV on what is expected price action wise is seems to be on par with that of my own, double digits I believe is easily achievable and beyond with the right wind and associated deals that are being eluded to with both miners and chip manufactures. This also winds the consort right up.
Bobcat1 - Where is his history, Why has it all been wiped? the only history, most posts bully or belittle, twice now I have seen posts trying to have Jambone banned, WHY? Does their posting not help with your own personal agenda? I haven't been here long but my god what a nasty piece of work and certainly not to be trusted.
AHS - Does not have a position here, wants to mitigate risk by investing on news with no exposure, has no boundaries, will post anything to get their own agenda across, personally wouldn't entertain anything posted by this person.
BrewHaHa - An odd one, glass half empty, investment funds waiting perhaps? seems a mixture of BC1 and AHS.
Recommendations - If you post against the company or one of its advocates then expect to have your post recommended which I have personally seen hit 12 + in the space of a minute, something very odd going on here, more than just PI involved, can't quite put my finger on it, GSA, Spread bet, Shorting, fund managers waiting?
QBT - If the tech works as promoted then I personally think this will be one hell of a ride, buckle up as they say, next news looks to be what will press the launch button.
GLA
You need to try talking to PR then Brew, the Updates can be penned a good couple of weeks before where they then have to go through the process of being checked by the all directors, legal team Nomad, who then don’t like certain words, go back be changed and the process runs again.
So yes the interview can easily supersede any PRN!
As for the ASIC devices (sounds like) you say, so you don’t know do you, yet you are keen to put a negative spin on anything and everything, so why are you here, did you not says to me that I should have sold on last rise, because it’s clear you did.
You do realise that to port you need to know where to stick the software on the chip don’t you? FG said Intel told QBT exactly where to port/place on their chip!
This is where they are “The key issues have been addressed and the Company is performing intensive live mining tests 24/7 using ASIC-based Bitcoin mining devices connected to two large mining pools”
You yourself said you expect results on this so……..
FG said next news will be confirmation that Method B works which is exactly what the ** intensive live mining tests 24/7 using ASIC-based Bitcoin mining devices connected to two large mining pools** will prove up!
News soon imho!
'The PRN has been superseded by the video interview!!'
So PRN was released on the 13/03/2024. Interview was released on YouTube the next day. Are you saying QBT managed to move from 'early-stage exploratory discussions' to 'very advanced discussions' in that time?
'So what are ASIC based mining devices then Brew?'
Sounds like a bespoke in-house device. In the same paragraph in the PRN, QBT use the phrase 'commercial mining rigs' and then 'ASIC-based Bitcoin mining device', differentiating the two. Nowhere does QBT claim to be mining using a commercial mining rig, and they can't be as the PRN states clearly they are still having trouble porting and cannot give a date when the porting will be done.
When QBT say 'The key issues have been addressed' they are specifically referring to adding the Methods as an extension to CGMiner, not the porting.
Qbt is Arguably the most unique and exciting share on AIM. Unless you can think of another share that can disrupt a £1.2 trillion industry and is valued at a pathetic £14m. Shares like Qbt do not come around very often. Grasp it while you can . JMO GLA
Breaking 1.2p will Qbt to around 1.6/1.8p
However, live testing success or deal with miner or rig manufacturer will move this to around 5p-10p. Then once news carries will move swiftly to 10p-30p minimum. Personally I feel £500m+ is an easy minimum target market for disruptive technology, especially in a sector worth £1.2 trillion. I also agree with a poster on the ADVFN board that a takeover by a rig manufacturer is very likely if the above happens.
Or
The PRN has been superseded by the video interview!!
Now let’s be clear, porting issues have been down to needing to know how the Chinese chips work, in the interview which superseded the PRN FG says that he believes the reverse engineering is done, that is key to porting, as for miners it say….
The key issues have been addressed and the Company is performing intensive live mining tests 24/7 using ASIC-based Bitcoin mining devices connected to two large mining pools.
So what are ASIC based mining devices then Brew?
The next news is Method B works which is what the above is about, that will start a rerate, also don’t forget FG stated before that Intel told QBT where to put the software, it’s the Chinese rigs that have been time consulting so don’t blanket your post as it doesn’t include the Intel Blockscale chips, the Chips that Jack Dorsey bought the entire inventory of!
All of the Company’s current efforts are now focused on turning Methods A, B and C, into commercial products
Garwool, imo FG would have thought he was earning revenue by now, delays cost money, switching to method C costs money, its just my opinion mate.
'the news is what the large miners and chip manufacturer are waiting for'
If you read the last PRN correctly it is clear that:
- Miners are waiting for results from live mining using a commercially available rig
- QBT are not currently live mining with a commercially available rig
- QBT stated in the PRN that are having difficulty porting their Methods to a commercial rig
Whatever testing QBT are doing at the moment is not the type of testing miners are waiting for. Proof of the above from the PRN:
'All of the large North American and Chinese Bitcoin mining and chip manufacturing companies with whom QBT has engaged, are waiting for the results of our live tests, in particular with Method A and B, using currently available commercial mining rigs'
'the Company is performing intensive live mining tests 24/7 using ASIC-based Bitcoin mining devices connected to two large mining pools.'
'The porting of Method A and Method B onto commercial rigs has proven to be very challenging. An exact date for market roll-out cannot be provided at this stage.'
I’ve said it 100 times and said it before the last run. The key is breaking 1.2p and holding it. If this happens we move upwards quickly but we have had many false starts but I do believe we are very close to a breakout. Even Argo is showing similar signs of a breakout on the charts.
We all know news can help this happen quicker but equally news was responsible for the last fall.
Listening to the chat on here it’s great to see both sides of arguments for a rise or fall but in the end FG is the only one who holds all the cards. That is truly amazing the power of a company really solely depends on one person but it is that way in my opinion. I recall BHS and Arcadia were in a similar situation and that ended wrong however this is different in a game changing technological world. If QBT do manage to establish a contract things could move swiftly. After all we don’t even truly know the purpose of a Bitcoin valued so high so surely QBT can tap into it.
AIM. How can you possibly say that the placees are long gone, you have got no evidence for that whatsoever, for all you know, as well as investors, they may be here for the long term.
There is no need for a placing and you know it, you stick that bit of negativity at the end of your post, because that’s what you want people to remember, placings are not always bad. If it’s to help a company for the next 6 to 12 months until results, so be it, why would you worry as you’re not invested scaremongering AIM.
I certainly don't know that and neither do you Jam, for the last 18 months you 'knew' news of a deal coming. Please stop it's not fair on anyone looking in here for the 1st time, you're deluded, imo the next news might be another raise.
What disasterous news, there hasn’t been any, please stop trolling QBT and posters here, you have been doing this for 3 months, traded once and admitted to want to buy in on news, this isn’t fair on those invested already!
Next news as you know from video interviews will be the results of live testing which FG said will follow through from the original R&D which places QBT software ant 160% more probable of producing a BTC Block. Live testing is currently happening on 2 large mining pools and this will price method B up and start the QBT rerate, the news is what the large miners and chip manufacturer are waiting for, it’s all their in last RNS and Video interview.
I await the negative posts trying to bury any positive posts, very telling!