Member Info for Amt_G18

It ‘should’ due to the 10% of their treasury being Bitcoin. This relates to at least 100 BTC. But where BTC has increased by 50% in the last month. MODE is at the same price from a month ago. Therefore the movement of BTC very rarely affects the SP here.

But the increase of news on the ease of transferring crypto and making purchases avoiding bank/ card fees is what should help MODE, who already allow transferring of BTC to friends and are all set to allow purchases of goods with BTC once authorised.

I think it’s been done perfectly. IMO all the ducks are pretty much in a row now, just waiting for the THG rollout and it’s complete (Super-App)
Once this commences we will have not just those on the LSE scrambling for shares, but also the OTC, which in turn will create a very steep rise similar to that of ARB when they done the same.
Patience pays :)

Goolang- Even if that was the case, which I very much doubt is. Do you really think not a single trade would be made in 7/8 days? Even just as a punt on a new fintech company.
The trades are gonna come and catch a lot of people out IMO.

Has anyone seen any movement on the OTC Market?
I’ve looked everywhere and haven’t found one site that shows a single trade?
I know JR said it takes a little while to show, but it’s been a little while now? Lol.
I’m pretty sure there would have been at least one trade by now.
Any links would be appreciated
TIA

The scalability is exactly that, huge. MODE have done minimal advertising to date. And As Jonathon has said many of times, merchants are knocking on MODE’s door, not the other way round.
Once the platform is rolled out on THG, I foresee the advertising to be ramped up. Why advertise a product now when it’s not fully functional? (Super-App).
The speed and seamless process when buying and donating is what impresses me. The BTC cash back is just a bonus. For the whole process to benefit merchants in its millions as well, is what makes MODE an absolute game changer and a Win Win for both buyers and sellers.

Well said Dingodog1. Take note of those that stuck around in the low 40’s and took advantage of the ridiculously cheap SP.

I read the other day that it’s not very often that a company lists publicly before the main business model is accomplished. The fact that MODE did, has given small investors a chance to be part of something massive before institutional investors come in.

With only 91m shares in issue and less than 70m free float, this will rise very very quickly. Especially with those knowing the business having very sticky hands not wanting to sell cheap! If at all :)

With similar competitors valued in their billions, I don’t see why we shouldn’t see £2.50 on the bid by EOY, let alone 50p.

Good to see your on board now Draft. Guess you finally got your head around what MODE is bringing to the market. Which is an absolute game changer in how we pay for goods, while in turn saving the merchants millions.

Draft - What the hell are you doing here? You literally have no idea do you.
If you had even downloaded the MODE App you'd know there are no Debit Cards what so ever! The whole business model is set around Open Banking. Do the smallest bit of research and you'd know that!

I got a notification from MODE’s Twitter page this morning announcing the launch of their shop onto iOS.

When I clicked on the notification it said the tweet had been deleted. Which it has.

I think they were preparing the tweet for when they RNS it

Nice Monday morning RNS :) He wasn’t lying when he said days away.
I wonder when everything else will come to fruition that was mentioned.
Exciting times ahead

I hope Moron_Dawn put his £20 into Binance :)

https://www.google.co.uk/amp/s/amp.ft.com/content/8bc0e5e0-2705-496d-a265-acccaffaee87

Just proves how much the licence approval from the FCA really is a massive deal when it comes to exchanging Crypto in the UK.

Exactly that! It was just a test to show that it works and how seamless it can be.
MODE doesn’t care if you buy a baseball cap, although I will be buying a mug (I know it’s overpiced) but I think it looks pretty cool, especially once the company lives off and I can explain who they are :)
If MODE allowed the THG group to put all merchants into the App it clearly would crash. I expect them to slowly incorporate more merchants by the week

Jesus, that was ages ago. Lol if you think that’s my average now.
Like I said, I’m not fussed at all, hence why you don’t hear me slating the company I’m invested in. But instead I continue to add at these bargain prices.

@crocqman
All good here, just highly amusing when kids kick off about a couple percent decrease.

OTCQB has to be very very close now, I can’t believe we haven’t heard it already. I picked up the license thing in the report and then a couple of days later it was confirmed in a RNS.

Confused how there was little to no movement on the second RNS yesterday, not even a small spike?

You really are a moron!
“ Yeah I sold out at breakeven” + “ I've got £1.28 left in Mode now. I transferred all my BTC out.”
You’re not invested what so ever! It’s no argument or discussion when your so upset about not turning £50 into £55.
These forums are designed for real investors that aren’t going to ***** about losing a couple of quid, but to discuss any observations / information they find.
I’m not fussed about a grand here or there, I’ve done my research and happy to watch it flourish over the next year.
Open banking is how you’ll be buying goods everywhere in the next 12 months, wether thats Online or In store and if Bitcoin is accepted in the UK, then guess what, MODE are ready for it!

Did you want me to be buy you one of their rucksacks for school? As it sounds like you are very much underwater and more than likely cannot afford one, so you continue to rant on a forum that your not even invested in to express your sadness.

But seriously, jog on and get on your scooter, my deliveroo order is at half 5. Don’t be late! Think you need the tip!

I’m Fully aware it had nothing to do with crypto you moron!
My point is they reviewed their services and decided to close it, as clearly it was not that beneficial for Barclays to continue to offer the Jar. For MODE to now do the same, can you blame them? Crypto or Sterling, a Saving jar is a saving Jar.

Now stop ranting and crying because your £200 punt has gone down a couple of percent. Go do your homework, then some research and be content with your investments.

Great move by MODE if you ask me by the sound of things.
If everyone really is now leaving MODE to put their Bitcoin elsewhere, guess what? MODE receive a transaction fee for every sell and transfer.

Also, Why do you think Barclays are closing their Pingit Jars? Are they stupid as well?

Great move by MODE if you ask me by the sound of things.
If everyone really is now leaving MODE to put their Bitcoin elsewhere, guess what? MODE receive a transaction fee for every sell and transfer.

Also, Why do you think Barclays are closing their Pingit Jars? Are they stupid as well?

I’m all out of top up, until next month maybe. Bit annoyed I went in to early the other day, but the FOMO on this one is very real.

3 things that have got me thinking after today’s announcement, is that 1, Ryan’s holding are above 3% for both therefore a TR-1 will be released if there is any buying/selling
2, his holding is the same as the IPO, why did he not add when the placing was offered?
3, why do a lot of the directors have their holding within other companies and not in their own names? I.e. Tullham, Keve, JR Spac 1 {chairman) just to name a few.

It’s the calm before the storm,
I’ve used it to add a small bit today, couldn’t get in the 49’s but I’m more than happy with 50.18
When the announcements to come, this will open a lot higher leaving the day traders scrambling and sending it higher..
if you believe in MODEs business model, like I do. You should be more than content with your Investment and would exciting times are to come