Member Info for BobsSocks

"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."

Indeed and this is part of the fallacy you continue to deny because it does not suit your agenda. QBT method B is claimed to mine 2.6 more coins in a one to one against a rig not using QBT.

https://www.youtube.com/watch?v=vPT0HWVnE98

Sounds nice? Unfortunately this is a one on one match. We can get an idea about how many rigs their are currently working on block chain.

The present network TH/s is,

https://ycharts.com/indicators/bitcoin_network_hash_rate

497.54M TH/s for Dec 25 2023

A T21 from BitMain,

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

is rated at 190 TH/s

Divide one by the other 497.54M/190 = 2,618,631 rigs.

The network difficulty is set to maintain the rate at which blocks are solved to 1 every ten minutes. The whole network solves this block so we can say that one machine on its own would on average take 26,186310 minute or 49.8 Years. As FG states it is First Past the Post.

In order to see any significant results QBT would have to install their solution on a sizeable chunk of the available pool. To win 50% of the blocks they would need 10/36 of the pool or 727397 rigs. The figure is not insignificant anf likely impossible to achieve.

Suthy and the rest of the rampers know this but they will continually spout their misinformation.

As we know. The FCA and other financial authorities are chocolate teapots. Could be time to contact the Advertising Standards Authority.

https://www.asa.org.uk/make-a-complaint.html

Perhaps they have more teeth.

For Long Term Avoiders

"Bitcoin is about to make its first ever weekly golden cross, with the 50 day SMA crossing the 200 day SMA, having already crossed the 100 day SMA."

When have you ever been foolish enough to be taken in by the chartist's mantra? I believe Zak Mir was predicting that QBT would be 4p by Christmas. Some here died on that hill. One might only imagine the squiggly lines once again disguised their true meaning from his probing eyes.

Of course the link between the price of BTC and the SP of QBT has been overdone to death. The SP of QBT only moves in relation to the price of BTC because there are believers. Oh look. The price of BTC has gone up. Wow! Better buy some QBT. Oh Wow. The price of QBT went up because lots of people bought it because the price of BTC went up. That must mean QBT follows BTC (Huge Cough). The level of self delusion is not an illusion.

"Do fellow long term holders here, think the board are reacting to market events and potential customer requests and luck and hard work will determine how much revenue they will gain during this crypto bull market?"

Market events where, what customer requests and which board? It would seem that market events means movement in the price of BTC, already discounted by the sane. There has been no mention of customers. Just veiled threats about advanced discussions with unnamed entities. As I understand things QBT has no customers. They are sill trying to find out whether unknown people want a green thing of a blue thing where the nature of the thing is of itself unknown. As to board. Well I'll assume that you are not referring to the Company Board. They are still in secret discussions as to the direction of their future misdirection. This board, other than those who are not, is filled with klinotaxians following the wrong stimulus.

"Or do you think they have strategically timed this perfectly to give the BTC miner winners after the halving extra productivity efficiencies to add to their increased mining transaction fees income, offsetting their lower block rewards?"

Now this sounds like you are talking about the Company Board and the simple answer to perfect strategic planning from the Jam Tomorrow lads is ROFGU, Rolling On the Floor Giggling Uncontrollably. However, to be more serious, if they had anything worth having any time like now, either now in the past, now in the now or now in the future, would be as good as any other time. For the moment and probably for the foreseeable future things will continue to pass them by.

How is the Digital Twin Thing going?

Typical. You ask for my reasons. I give them. You complain. You have no value.

"Bob is a very good reason for the FCA to get off their lazy butt's and look at the whole mess that is AIM."

Here's a good idea Dweeb. The webpage you are dribbling on has a link for you to make such a report.

https://www.fca.org.uk/markets/market-abuse

Go For It! Don't forget to ask them if they will get sweaty with you in rubber suits.

I see the strategy has not changed. It never will given it is based on denial.

In my view the company is a big zero promising hidden things that will never come to fruition.

I came here to point out that while the company had RNS'd that they had applied for a patent they had not RNS'd that that application was in trouble. Someone else had spotted this prior to me. I do apologise for being a newbie. Presumably the previous bearer of bad news was mercilessly attacked. I happen to have a bit more knowledge about the patent system. Sorry about that as well.

I don't like companies who abuse the patent system. Again it is my view that that is what is happening here. You do not RNS an application and then not update on the progress or lack thereof. If you behave like that then you need to be called for it. Hands up. Who punted more cash into the company on the prospects of wealth beyond their dreams? How many of you were disappointed when that dream was dashed? Did you lose faith in those who ramped that dream?

How did the company react?

Of course it is possible that the recent noise about the failing application had no effect on their thinking or strategy. However about that time they changed tack. The new Jam Tomorrow would not be protected by patents. It would be protected by secrecy. Presumably the same sort of secrecy the company relies on that makes it impossible to give any information about the progress they are or are not making. Likely, as is the case with the patent application, they will RNS progress but will not advise as to problems. There will be silence.

Then they continued with the failing application. They were bound to. They still hope that they can fool others into thinking there is something there.

It smells and it also smells when the under water attack dogs come out embellishing the company line to the exclusion of any other point of view or conclusion. Naturally because they, as well as the company, have nothing realistically positive to say they descend into insults and attacks. Asking questions they suggest others should not be asked. Refusing to accept the answers and then repeating the same accusations and getting miserable and escalating because they are the epitome of what they accuse others of being.

So. That's the agenda. I don't trust the company and I don't like one of the factions on this board. It's the same dime a gross faction you can find on all of these boards. Obnoxious little people who do have an obvious agenda. They are sitting underwater holding shares in a company that manipulates their messaging and are unable to let go of the made up dream that company is failing to keep alive.

Are we happy now? I don't like the company for reason and I do not like you for reason. That's the agenda. Obviously now you have been told nothing will change.

Sorry Warrie. Me and the Cat don't do three in a bed. Also you might want to brush up on your chat up technique.

"Give us something new. It’s so boring now. Don’t even bother reading it."

That's a bit PKB.

Until the company produces something new there is not much new to slate or ramp so I guess it is stalemate on both sides being boring.

Rather than moan at me come up with something new yourself.

"Wouldnt wanna be out of this over the weekend !"

Arghhhhhh!1! I was! Why did no-one tell me? I shall call my broker right now. Arghhhhhh. Blooming Christians!1! What if they post another out of date video on X or give an interview to some not-a-clue investment bloke who goes "Uh-Huh Exciting Wow!" Someone might link to a video of a pair of CryptoDweebs in their Moms basements from 2012 saying QBT is the next big thing. Oh Woe is Me. I will have to drown my sorrows in melted cheese on toasted crumpets with Marmite and a tin of Special Brew. Sob. Sob. Sob.

"I will catch up on the 27th December and resume battle with the trolls."

Damn. Two whole days of having to look up the price of BTC every twenty minutes and the latest ETF news on my own. Missing you already.

Not very likely unless you are still eating left over brussel sprout sandwiches.

Indeed. Lot's of planning going on. Just a reminder that that video, published 22nd November is part of a bunch of snippets that first started to be released around the end of October, beginning of November most likely to boost market interest in the company at the time of or just after the placing. As a result the company has had almost two months to implement the plan but, as yet, there have been no hints as to how the master plan is progressing. Just a drip drip of snippets from the same video. Of course, as others have excitedly suggested, news could drop any time so depending on your levels of FOMO you may want to get in now. On the other hand others have suggested that there are numerous hurdles both in implementing the master plan and proving it works that suggest news will not be dropping any time soon and you might want to delay your investment. However such a delay will be an indicator to the rabid hardcore that you are trying to get in at a lower price causing howls of derision, questions about your investing strategy, your country of origin, the misspelling of your username and suggestions that you have multiple accounts. All part of the jolly rough and tumble on the board.

Actually it is quite amusing to watch how fast the other sides posts get uptickled as they waste their Christmas weekend logging in for hope. Other people seem to be only paying an occasional visit when preparation for nomnom day and other more important stuff allows.

".....but jeez you are some sad bar stewards, get a life and get off this board. Stop spewing bile."

Thanks for the advice. Assuming it was directed at my good self I appear to have had a productive day designing things that might work on my computer with an occasional look in here to check up on the new strategy as it unfolds. It's not my fault that the other side do not appear to have been very productive.

"Bob,Bob. You sad individual, it’s a Christmas weekend and you’ve been on this bulletin-board all day, with regurgitated nonsense that we’ve all seen before."

Ooops. Looks like attacking the player rather than the ball is still part of the new strategy. Of course Them posting over Christmas is still allowed along with Them regurgitating nonsense along with the hints at "we are going to disappear you". is still in place.

Presumably Mission Control, after failing to discover something new that might work, are sending out probing forces to find out if the old stuff might still work.

Still waiting for the game changer here. Hopefully the New Year strategy from QBT will be more impressive.

And so it goes on...

Magic Granddad indicated to his disciples that QBT were moving to Paraguay,

https://twitter.com/QBTOfficial256/status/1727235475088523326

They lapped it up.

Now we get,

https://en.wikipedia.org/wiki/2023_Argentine_general_election

https://en.wikipedia.org/wiki/Javier_Milei

Looks like Magic Grandad missed the boat there.

Or perhaps he was prescient. If you care to look elsewhere Mr Milei does not come across as being a StableCoin.

Ah. I see the new strategy does not exclude toileting in other threads with information that has already been debunked. Also it would appear they have decided that rapidly uptickling their own side is perfectly acceptable. Hopefully, as part of the new strategy, they won't complain when others uptickle non-members. Not much changed so far though.

"Ok Bob whatever..Everyone can see this has moved with btc for the past couple of years and will do going forward."

Indeed. PAS14 posted some excellent graphs demonstrating as much and whilst there was some confusion over the colour of crayons used. I did also suggest that there was some confusion in terms of cause and effect in as much as if you and your compadres ramp on the basis of there being a link to an audience captivated by their losses based on your advice then you are the cause of the effect.

Aha! Corporal Suthy has returned.

The new strategy does not appear to exclude ramping on the basis of prospective rises in the supposed value of BTC. Of course we kind of accept that if and when QBT actually mines anything themselves faster than others, the quick route to proof of concept, or QBT actually manages to become involved in assisting others to mine faster than others, the Jam Tomorrow route to proof of concept, such changes in value of BTC might impact the SP of QBT.

For the moment we are still being asked to take a punt on something that has not happened or has not happened yet. I am not sure there is a distinction but it would appear the new strategy is still living in FOMOVille, or should that be VillaFOMO?

Of course, unlike Frances Coppola, I am not an economist but somehow I don't think the acceptance of BTC under ETF will be accepted if one of the side effects is that its value deviates markedly from its present value. The shock effect locally and elsewhere would be just too silly to contemplate. Perhaps this is why Suthy, being silly, is contemplating it. Are you silly as well?

I do apologise for my continued rational thinking and wait with baited breath for more revelations of the new strategy as other members of the opposition rejoin the fray. As I suggest no change so far.

Looks like some of the other side are not party to the new strategy discussion and have continued with the old strategy. I see one of them has also used the word "bless". That one is like a red rag to a JamBull. Obviously a quisling.

The other side has all run away to regroup. Let's all keep quiet as well until they unleash their new strategy.

I shall be messing up baked potatoes with bacon and cheese to fortify my IBS in preparation for the onslaught.