Member Info for BobsSocks

"Just saw the new x video.. Fg has said it.. 2024 is the year for qbt. Buy and Hold. Simple.."

Good point Mr Hanjii,

https://www.youtube.com/watch?v=pY5gF3-HWLg

"We started this new cycle of our company back in beginning of 2021 and of course there has been before preparation of several months we have deployed the tangible results of our R&D efforts at the beginning of 2023. The cycle is very simple it's taken us 2 and a half years to get results and uh it's taken us I would say 6 to 9 months to get out with a product and so 2024 is the year when we will uh start to deploy our product and install it with clients. As a company we've been very pleased by the response of the market and we have raised this current fiscal year 3 million Pounds two rounds which were very quick first one, close in a few days, the second one in one day so we thank the market for continuous trust in our company and the prospects of our company. This is a unique opportunity for us to be in a market like London Market which is so inclined to support Innovation as in the case of our company."

"We have deployed the tangible results of our R&D efforts at the beginning of 2023."

Perhaps our new member who knows how to read an RNS can find the RNS stating that QBT *deployed* their findings at the beginning of 2023. That sounds like they went live somewhere. That sounds like major SP changing news but all we have are a couple of You-Tube Videos.

Oh. Silly Me. It's probably another one of those "We have filed for a Patent" event where they forget to mention later on that things are not looking good but here is a You-Tube video.

As to the rest of it. It sounds like a plan with lots of promises and hopefully no Gantt Chart because Henry would be spinning in his grave followed by this,

"As a company we've been very pleased by the response of the market and we have raised this current fiscal year 3 million Pounds two rounds which were very quick first one, close in a few days, the second one in one day so we thank the market for continuous trust in our company and the prospects of our company."

Because *The Market* is some Twonk from Vox,

https://www.voxmarkets.co.uk/articles/francesco-gardin-of-quantum-blockchain-2-million-fundraise-will-fund-the-company-through-to-revenue-211c4da/

Who said... "Uhm yeah, yeah. So, uhm. Yeah. Wow, yeah Uhm yeah." An absolute Guru and much better at this than the two CryptoIncels in their respective Mom's basements in Canada.

"Sorry for the spelling, busier than I expected today."

Hmm.

Posting on Christmas Day: Bad.

Posting when you have important stuff to do: Double Plus Good.

Once again we discover that all of the bad stuff that Jambone accuses others of doing is perfectly acceptable and indeed required from our senseless hero.

When I look in the Mirror I see a handsome face. Fortunately the camera does not lie and I will not accuse it of trying to get in lower. I'll have to assume you were previously posting as Dorian on these forums but got banned and haven't visited your Attic since you reincarnated yourself as Jambone.

"Everything you post is qbt being questionable."

Apologies for the edit but yes, when I am not answering your insults, I guess so. It is, after all, fertile ground. Lots of questions to be asked. Not many answers though.

"Company has done nothing wrong."

Certainly not anything the FCA would take a sniff at. All of the right qualifiers for their forward looking and therefore questionable statements.

"One of the non executive directors comes from a legal background."

Given they seem to spend a lot of time suing people for their previous failed investments he might be worth having on board. I'll assume the Nomad takes care of the RNS's.

"Need to report with a sign off on work don’t you."

An interesting choice of words. Last time I did a FEMECA I stated I was not qualified to do one and would not sign it myself. The boss signed it himself. I guess bosses know what they can get away with.

"What was Dr Luv Grover doing back with us if it’s all a load of tosh."

Has Dr Grover stated in his own words what he has done for QBT and his view on its worth. Presumably he is subject to an NDA.

"Why are these x updates allowed to go out?"

https://twitter.com/QBTOfficial256/status/1740281430200979875

"We started this new cycle of our company back in beginning of 2021 and of course there has been before preparation of several months we have deployed the tangible results of our R&D efforts at the beginning of 2023. The cycle is very simple it's taken us 2 and a half years to get results and uh it's taken us I would say 6 to 9 months to get out with a product and so 2024 is the year when we will uh start to deploy our product and install it with clients. As a company we've been very pleased by the response of the market and we have raised this current fiscal year 3 million Pounds two rounds which were very quick first one, close in a few days, the second one in one day so we thank the market for continuous trust in our company and the prospects of our company. This is a unique opportunity for us to be in a market like London Market which is so inclined to support Innovation as in the case of our company."

Answer to follow.

"What exactly is Vlad doing if not selling qbt."

Surprisingly I have not seen his contract. If he has any sense then he is not on options or OTE and being paid in cash.

"Bob, you say I’m pathetic, I’m not the one trolling people’s investments so u think the clear winner for pathetic is clearly you!"

Your investment is getting trolled because it is my view that it is questionable and you are trying to support your fail by sucking others into a similar fail. Also you are not very good at it and, being an obnoxious loser, are worth slapping. There may come a day, but I doubt it, when QBT lets you off your hook at which point you will become even more obnoxious.

As to the question about my Journalism thanks for not asking about Christmas. Beyond that I will assume you have invented another fantasy to hug to.

"How many of your posts have been removed as threads get deleted and posts."

I see we are clutching at straws again. Let's say my guess is 500 and yours is 1,000. You are now saying the 500 difference, 50%, is due to deleted posts. Those are some massive straws you are clutching at so once again you are just proving what a pathetic little person you really are.

Of course if we were to accept that you and your cohorts have any credibility at all frowning over the reporting of posts then that one also gets blown up.

What is it about you, beyond being plainly stupid, that causes you to continually post meaningless drivel that can be called out as being meaningless drivel only to post more meaningless drivel in support of the previous meaningless drivel?

As an aside. I know you won't but do try to lose the worthless question about my Christmas day in another effort at a dig. It was good. Whilst Suthy was holding the line for you I popped in every so often to ping his kneecaps. Food was eaten. Drinks were drank. Cat was fed. Other duties were performed. My 3kW phase modulated regenerative power source hit 0.0006% THD. I'll assume you had a similar experience.

"You must be close to 1000 negative posts on QBT now Bob?"

I'll just check for you... Wait one...

https://www.lse.co.uk/profiles/bobssocks/

27 pages at 20 posts per page makes it 540, actually closer to 530. So, once again you are wrong.

Then we can take off at least 150 posts where I have called you an idiot and 50 posts where I posted Rush Songs and other Videos.

So that's about 300, possibly, negative posts versus your claimed 1,000. I won't even bother to... OK I will,

https://www.lse.co.uk/profiles/jambone/

Tat's 206 pages at 20 posts per page which makes it 4,120. I'm not going to give you any discounts. Every post either a mindless ramp for QBT or a slight against other poster.

I guess we can conclude that, once again and for purpose you are wrong. Oh. BTW. I am not here to get in at a lower price or on news so you are wrong again. Hopefully you were born after the Green Cross Code because your level of wrong would have been terminal prior to the introduction of a seminal Darth Vader.

https://www.youtube.com/watch?v=xR7_Bz9fIPA

Then again I can imagine you would have told him he was just trying to get in lower from your hospital bed. Good spot on getting him on having multiple identities though.

"Often easy to read between the lines of people that clearly want to buy into a share upon news as they will be posting negative comments."

Blimey. Someone with only six posts introduces someone with thousands of posts to a new string for their arrowless bow.

Talking the SP down to buy on news rather than Talking the SP down to get in at a lower price.

"Yes I tend not to read what is said on these kind of boards, after all, the information that is actually meaningful is written within the RNS feed."

Excellent. Good to know you are the kind of person who can read an RNS and discount the forward looking statements rather than remove the words that make them forward looking and convert them to slam dunk certainties. A word to the wise though. That sort of skill is frowned upon by certain factions who will then accuse you of trying to get in lower. Any smell of that sonny and, as a new poster, you will be accused of being multiple someone else's and a witch hunt will be instigated by the true believers.

"There are £2.5m worth of options to exercise very soon. To exercise these options SP will need to be above 5p and 10p."

Doesn't work like that though. Does it? They can take up their options at any time proving faith in the company. In fact if they did you would fill your pants and smear it all over the board. Unfortunately you are just left with your wet dream and the certainty that the options will just get rolled over.

"No Plutuq, it’s the trolls talking it down that make people under water..."

It's always someone else's fault isn't it. Why not face up to yourself. The Trolls, as you refer to them, just have a better herd of actual Elephants in the room than the straw the rampers have to make up.

"I think crypto miners like QBT will see some decent rises incoming soon."

Good Choice. You did check that QBT mines crypto? You did check didn't you only they don't. Perhaps you should have invested in a company that does. You know, like what your strategic planning suggested to you.

"that’s always a good one, state something after it happens"

The bloke literally said something might happen before it happens. Once again you Twist it into something has happened. I would not care to imagine the turmoil that goes through your head just prior to posting more rubbish.

BrainCell1: "Hey lads. Look at this what I just typed."

BrainCell2: "That's inconsistent rubbish."

BrainCell3: "I agree. Post It!"

BrainCell1: "BwaHaHA!1. Yo! Fingers."

Fingers: "Nooooooo! Arghhhhh! It hurts." Click. "Damn."

Pretty definitive, not really, from FG in his latest holiday video. No action until 2024 without giving any idea when that action would arrive. So.... what was all of that noise about this being imminent from the ramping heads screaming at everyone to get in because news was imminent? Remember this is a snippet from the early November production and was likely to have been used to entice investment for the placing in October so may have been produced early October in preparation for those presentations. FG knew nothing would be happening until 2024 and now he has just said so so what was the point of letting the screaming ninnies scream for over three months?

"With this there will be no need to have faster mining of bitcoin as the number of coins in circulation will be far fewer."

I would not wish to sound positive but once all of the bitcoin has been mined the rigs will move over onto confirming transactions. There will still be a need for them and, if it is ever proven to do anything, the enhancements provided by QBT.

https://www.ussc.gov/sites/default/files/pdf/training/annual-national-training-seminar/2018/Emerging_Tech_Bitcoin_Crypto.pdf

I am surprised that the usual suspects have not piled in on you to explain this or accuse you of having multiple accounts trying to get in lower. It's almost as if they do not know what they are investing in.

Yup. If Jambone had any value he would have linked to this,

https://web.archive.org/web/20230331144257/http://minerone.co.uk/

and told you that the page predates the advanced discussions that QBT were having with at least 10 miners that Vlad had visited and everything has already been proven so all must be happy and the must be preparing for the USA launch which will probably be announced early in the new year just before the EFTs are in place and BTC has halved causing a massive spike in the SP just in time for QBT to strategically take advantage of it causing an exponential spike in the SP followed by QBT getting bought out for obscenely massive amounts of money.

Either that or, if they are not too busy, they will remember to reply to the UK Patent Office by the 21st January. Having requested a two month extension it would be rude not to.

Https://register.epo.org/application?number=EP22793447&lng=en&tab=legal

It was the night before Christmas....

Event date: 24.12.2023

Event description: ENTRY INTO THE NATIONAL PHASE

Ref Document Number: 2022793447

Country of Ref Document: EP

Effective DATE: 20231220

Looks like it may be a thing which would be very strange. Buys pegging it at 1.5p and just below.

Will it crumble if the offer goes below 1.5p or will new buyers see a bargain? Ooooh. That almost sounds positive.

"MCS is a Swiss company incorporated as part of a demerger of Eufingest SA (“Eufingest”). MCS and

Eufingest have the same ultimate beneficial owner.

Professor Gardin has entered into the Agreement in order to fund the payment of a tax bill."

https://quantumblockchaintechnologies.co.uk/images/QBT_RNS_-_30_warrant_exercise_-_REPO_-_NED_warrants_-15_Dec_2021.pdf

Also,

https://quantumblockchaintechnologies.co.uk/investor-relations/aim-rule-26

Eufingest hold 6.68% of the company.

What's to check? FG sold 5,000,000 shares on 21st December 2021 at 3p a go for tax purposes. The repurchase agreement has been kicked down the road ever since accruing what seems to be 3% interest per year. Seems like a sweet deal.

Your complaint:

https://quantumblockchaintechnologies.co.uk/

The video, copied above, shows a simulation of Method B in operation. The claim is that in the run as shown a mining rig will win 26 blocks whilst a normal rig will win 10 blocks. The claim is being made supposedly to entice interest from Mining Pools. It is also likely, or rather certain, that it is being used to entice people to invest in the company.

The company is listed on the AIM market,

https://www.londonstockexchange.com/stock/QBT/quantum-blockchain-technologies-plc/company-page

Private investors on forums often make statement similar to, "The blockchain transactions are mined and depending on the level of difficulty the rewards are proportional and usually given out in BTC. That leads nicely onto Qbt….The first to mine and validate the transaction wins the reward." in an effort to do the same. It is misleading. You can estimate the number of rigs presently on the Bitcoin Network from these two sites.

https://ycharts.com/indicators/bitcoin_network_hash_rate

https://m.bitmain.com/product/detail?pid=00020231025110633223f8vE5pxQ06AB

The first gives the present Network Hash Rate as 497.54M TH/s for Dec 25 2023. The second gives the Hash Rate for a Modern Rig, The T21 from BitMain as 190 TH/s. Dividing the two, 497.54M/190, gives an estimate of the number of rigs on the Network as 2,618,631. The block difficulty is adjusted to limit the average rate at which blocks are solved to one every ten minutes.

This is all buried in statistics which makes it very easy to mislead people. The average time a single machine will take to solve a block will be 36,186,310 minutes or 49.8 years. A single QBT enhanced rig will not get a sniff against the whole Network. You need a significant number to see a provably statistically significant result. If QBT are worth their salt then they should be able to provide expectations for level of market penetration along with confidence limits to achieve this. They don't.

A simple example would be to work out how many Rigs of the present pool would have to be enhanced by Method B to win 50% of the blocks. It is 10/36 x 2,618,631 or 727397. The penetration required for proof is likely to be unsurmountable.

A professionally run Mining Operation would be able to do this for themselves and make the rational decision to show QBT the door despite the claimed advanced discussions. A Private Investor will not have the knowledge or experience to do so and will swallow the fallacy and indeed amplify it.

I trust, indeed I absolutely know, that the Advertising Standards Authority eat and breath statistics and will be able to do a much better job deciding how valid my suggestions are and, if they prove to be of concern, will ask QBT to both remove such false advertising and publish corrections or maintain that advertising but with the qualifying information prominently added.