Bitcoin hit 70,000 overnight. There is no sign of any bounce. Personally I think the price will fall to 58,000 but others who know more than me are predicting much lower. Can crypto stocks like SWC survive, I dont know. If one of these collapses what then? Personally I am not buying or selling at this time. But it will all look easy with hindsight.
Yes ...crypto winters are common and btc could easily fall to $20K. Then soar to a new record. It has done that before albeit as lower levels. if it does then every crypto company is going broke. Of course Arb has done this. From roughly 2 pence to £4 pounds to nothing. Maybe crypto is too volatile for all of us
Gold? Up 260S at one stage, Copper prices settled their highest level on record today thursday. Dollar falling to lows not seen in ten years, Complete muddle
The fall to below 30 is crazy. Bitcoin is 90 approx. The company should raise more cash and buy shares back and or more Bitcoin. Else what? Just sit there? Get paid for nothing? They don’t need more than two directors. If they do have 49 per cent then I reckon a done deal.
This was 15 last week and hit 42 this morning. Just tuesday. A big rally this morning......a big profit in a few days. Will Alba hit 50 this week? Not easy ....cannot rally every day by huge amounts
Back to around 6p this week imo. nearly 9pthis morning. Great run from around 2p. It is all just speculation. I hope some of those in here at low prices took their cash back. This has had a fantastic run and the profit takers will be taking their money soon. It has had a great run like many other stocks this week. Alba hit 42 this morning from 15 last week. Nothing wrong here or there.....hundreds of per cent up.