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I’m not afraid Brew, it’s you that is clearly afraid of the SP going up so you troll away, it’s how this playground works, yet amazingly you don’t post on your investment in GST.
Amazing how the rampers have gone quiet there in unison, trade out have they or?
… just for you Flecs !! 😄🙄
https://t.co/JmNvt0lubs?ssr=true
Asking questions and discussing the company, even with a negative slant, is not trolling Jambone. My posting on here has zero impact on the share price. It has zero impact on the science or the outcome of testing. Quite what you are so afraid about I don't know. Everyone should make their own investing decisions. If they listened to your ramping over the last 2 years they would likely be heavily underwater.
As for greed, you're aiming to 100+ bag your money here. Are you doing that for altruistic reasons? I suspect you're doing it fir greed, especially as you lust after a Porsche 718 GT4, unless you're planning on using it to deliver meals to the elderly.
If it’s unlikely then why do you keep trolling investors here?
Because you do, all about greed with you 😉
'Where does it say the next news will be a deal, they will follow'
PAS suggested a miner might be live 'acceptance' testing the Methods now. I explained, with a quote from the March PRN, why this was unlikely.
Flattered that you believe I can control the share price. I cannot though. The current price is down to FG and lack of delivery.
Quoting me out of context on the 'billion pound valuation' I suggested is childish. I said it would be valued at a billion plus if they pull it off, which I said was very, very unlikely. It is very disengenuous to miss that bit off in a feeble attempt to score points.
I would encourage you to be better Jambone but I genuinely don't believe you are capable of being better. As someone pointed out, you're either naive or dangerous. I would say both.
But the next news is method B works, FG said so.
Where does it say the next news will be a deal, they will follow but the next news is method B works, that will rerate QBT, and you know it!
You yourself said on fruition QBt will be worth a Billion pound plus. That’s why we are all here, apart from you want to invest on news but keep the SP down with constant negativity, why should you be afforded this luxury, SP needs to move up in line with progress and for those that are invested, you will pay more on ghat RNS, your choice but it’s a real nasty trait trying to scupper others invested for your own personal GREED
'.. How do you know that that is the case'
QBT confirmed it in their last PRN:
'The porting of Method A and Method B onto commercial rigs has proven to be very challenging. The R&D team is currently testing different solutions for the final stage in order to deliver a fully reliable product. An exact date for market roll-out cannot be provided at this stage'
It would be quite a leap in two months to go from the above to having done a deal with a miner, install it and be going through acceptance testing. Not saying it's impossible, just highly unlikely as FG promised the next news would be confirmation Method B works on the live blockchain and he has not confirmed this yet.
'...........especially when it comes to valuations of many stocks and Crypto.'
... and so many other things .... its not just Crypto ..... Crypto goes hand in hand with the ever growing global digitisation .. and always will .... its here to stay Fleccy ... NFT's are just like the various painters all over the world , most worth zilch, some worth a bit more because pple will pay a bit more ... BTC/ETH and one of 2 others ... are the master-pieces !
Personally Pas I don't see much value in Art either and see little to like in many of the old masterpieces, much of the pricing is likely due to millionaires and Billionaires outcompeting each other to show off their wealth. It reminds me of the outraged Italian chased by a waiter because his €500 tip was insufficient, demonstrating the crazy surreal world we find ourselves in today. If the Italian had any sense he would find a nice reasonably priced restaurant, where they serve good food at down to earth prices and appreciate his business, especially if he gave them a tip equaling the price of his meal.
https://www.dailymail.co.uk/news/article-12408161/Very-rich-Italian-left-outraged-chased-reprimanded-Saint-Tropez-waiter-leaving-500-euro-tip-meal.html
That story is just one example of the weirdness permeating through society today, where sense and value are disconnected, especially when it comes to valuations of many stocks and Crypto.
He doesn’t, he wants people to think that so they sell, that’s why he is here trolling 24/7, thinks news is due or why bother?
Wants to put people off when we know the next news will be on method B working as FG said 2 months agai at the end of the media interview!
Brew then goes on to say something has gone wrong like a broken record, when he has no idea what gbetestu g on live networks involves and finding the sweet spot for the software to sit, that takes time and data to be gathered on the Chinese chips.
Tick tock for the next update though 😉
PAS “ ... How do you know that that is the case ? “
He doesn’t. They just make it up like always
'.....QBT are not even at the acceptance testing phase. They are still trying to prove their tech works and actually create a marketable product..... '
... How do you know that that is the case ?
QBT are not even at the acceptance testing phase. They are still trying to prove their tech works and actually create a marketable product.
Once, if, they have done that then they need to persuade a miner/manufacturer to use their product. This would be another huge amount of testing which could be described as acceptance testing, dis it work fir a customer as claimed, and there are serious financial implications if things were not to work in a live situation. Each miners setup would be different, at scale use would have to be proven, scalability and latency issues come into play. Huge risks on both sides imo. Long journey ahead but they appear to be stuck with trying to get a working product atm
'......A more valid argument is that Bitcoin's value is based on the belief of the participants,....'
... and surely so too is Art Fleccy , as its based upon the belief of a select number of buyers, yet the man on the street would have to pay that silly money for 50€ worth of board/canvas and paint !? ... its tangible value is no more than 40/50$ ... its just another way to look at it .... its comparing chalk and cheese really , yet is a clear example of where.... the 'who does put a value on what ' applies.. .. if the people want 'it' , then they'll place a 'value' on it and trade it ... just like Art... and just like Crypto....
....i see Crypto /Blockchain... not as a replacement to CFi , however a distinct alternative ... thats intrinsically driven by the ever growing global digitisation ..... and frankly i see it it as an illusion to think its going to disappear ...
... and ps ... you never answer the question that i've asked a good few time now ... where 'does' Art get its value ? Indeed 'who ' decides its value / worth / use etc ... Who !!??
If anybody thought that this was going to be a quick process they shouldn't be holding here. The acceptance process for a commercial product can take many month's or even years. If this had been a quick process I would have been long gone as it could easily be copied, this isn't the case with QBT and if you're frustrated with the time scale then take comfort from this. GLA
Have you ever put sterling under the microscope as much as you have Bitcoin? It's pretty strange stuff https://www.instagram.com/reel/C5XhTqxu15X/?igsh=c2lkN2ptdW9kN3Jv
I don't see the comparison between art and Bitcoin as valid, since art is valued based on its uniqueness and there are 20 million Bitcoin's currently mined. A more valid argument is that Bitcoin's value is based on the belief of the participants, whether or not Bitcoin holds value would be dependent on the ratio and actions of true believers vs speculators.
... So Fleccy ... what 'value' do you see in Art, a Picasso, or say Tracey Emins 'bed scene ' ??
How do you value it ?
In my opinion Michael Saylor is a Bitcoin Evangelist talking his own book. I expect Michael Saylor is a true believer, I just don't understand why?
Pas as far as I can tell QBT's methods are all focused on Proof of Work Blockchain, which relies on miners competing to solve mathematical problems using massive amounts of energy, whereas all the use cases you listed could easily be provided by far more efficient Proof of Stake Blockchains provided centrally, or decentrally. Something else to consider is that any entity can create their own Blockchain's, none of your use cases require use of inefficient Blockchain's like BTC. I'm not against Blockchain, I just don't see any value in Bitcoin.
Fleccy - thank you for your honest thoughts. Appreciate it. Have you heard Michael Saylor (Microstrategy CEO) speak on BTC? He is very bullish and convincing too. If you haven't, he has done series of lectures, talks etc on etc and sounds very convincing. Any thoughts and insights will be appreciated
Asset Tokenization.
The advent of cryptocurrencies has made it possible to tokenize real-world assets. Anything from copyrights to real estate and art pieces to commodities can be tokenized and represented in form of a cryptocurrency token. For example, using blockchain, we can tokenize a luxury real estate property worth $10 million and represent it as one million crypto tokens worth $10. This adds more liquidity to an otherwise illiquid asset and makes the exchange of even non-liquid assets more convenient. Additionally, the buying and selling of these assets become cost-effective, fast, and more transparent..
LENDING AND BORROWING
Decentralized finance applications have disintermediated the lending and borrowing process. They allow individuals to lend and borrow funds almost instantly using cryptocurrencies. In addition, as cryptocurrencies are borderless currencies, you can lend or borrow from these platforms irrespective of where you live.
GAMING
Cryptocurrencies, in the form of non-fungible tokens (NFTs), are already disrupting the gaming industry. In the gaming world, NFTs are crypto tokens that represent a unique digital asset inside a game. As each NFT represents something unique, they have different values and are not interchangeable. This gives every user a completely authentic in-game item, the likes of which is owned by no one but them. Digital cats called Crypto Kitties are the most famous example of blockchain-based NFTs.
STORAGE
The centralized cloud storage platforms have many major shortcomings from high fees to server outages. This has paved the way for decentralized storage created through the use of blockchain. In such a system, anyone can rent out their free storage space.
Remittance & P2P Digital Payments
In the past, Bitcoin was primarily suited for large transactions due to block time and fees. However, with the introduction of the Bitcoin Lightning Network, a second-layer solution added to Bitcoin's infrastructure, it has become viable for transactions of all sizes.
If you had 250 GB free on your disk, you could rent it on a decentralized storage platform such as Filecoin and earn a passive income from it. People who opt to buy your storage space would pay you in the storage platform’s native cryptocurrency.
Through its hardware wallet and application, Ledger aims to help you reap the benefits of cryptocurrencies in a user-friendly and secure environment. By educating more people about cryptocurrencies, Ledger will also enable more people to claim ownership of their money and open access to the above-mentioned use cases. This will help a wider population to embark on their journey to financial independence.
... Its a whole New Industry !
QBT ,,,, has a 'B' in it ... and both Crypto & the 'B' are in their formative phase ( of the 4 phases that all new products , inventions pass through),,,,, they're here to stay ...and QBT is 'potentially' at the forefront ! ....many here know it ... and t
Zesty I'm just interested in the subject and this is a busy forum where I can air my view. I decided to learn the basics of Bitcoin because I wanted to understand the investment case for the token; As far as I can tell Bitcoin has only one real use and that's to allow punters to bet on the price direction, the token itself has no real purpose and doesn't fulfil a societal need. The decentralised nature of the token is hyped as its biggest strength, but I'd argue it's amongst its biggest weaknesses. When you're defrauded out of your tokens, or lose your private key for whatever reason, your Bitcoin is gone like a f art in the wind. Lose your Bitcoin and there's no one you can call to take responsibility for making good your losses, at least with centralised managed services you're protected by the institution backing the transaction. Before the ETF's an investment in Bitcoin was like buying a house and not insuring it, if the house burned down you'd lose everything. The ETF's centralise BTC and put the institutions in control, which means they also have a good amount of control over the price movement. Because Bitcoin has no real utility it will eventually fail in my opinion, it's just a matter of when, not if.
I find QBT interesting because I can't see how they'll commercialise their products, or even if their methods will work on the live BTC network. If I have any agenda it's just to satisfy my own curiosity, what happens with QBT's price has no financial impact on me; QBT's stock price could go to the moon, or crash and burn, either way it doesn't affect me.
Zesty- “ Fleccy, why would you spend so much time on here “
Good luck with that , he has been asked that question for years 😂
'Do you think QBT will have spent months revere engineering Chinese chips before they know if method B works in a live mining environment'
That's not a question, it's a statement of fact. They have been attempting to port to Bitmain since at least Sep 2023. FG said in his last interview, 2 months ago, that next news would be that Method B works. So they have spent months porting but have not yet confirmed the Method works. If they know Method B worked in live back in Sep 2023 when they were porting then why the live testing now.
None of what they say and do makes much sense.