Member Info for c2645sg

From trading bitcoin? They are not trading it, they are buying it. If it goes down, then you are magnifying that loss by 6.8 times.

Charging fees to institutions.... What are you talking about?

How much do they make in fees for institutions?

Some people just make stuff up, they'll say anything. Slower than a week in the jail.

How do you earn money on Bitcoin? It doesn't pay a dividend.

Future earnings, you're another charlatan.

And what are the future earnings?

RobSaunders, what are you talking about? earnings multiple?

How much are SWC's earnings?

@RobSaunders>

Read my posts, it's all there:

540m Marketcap

42m Bitcoin Value + 39m cash

TOTAL 79m

540 divided by 79=

6.8 times the Bitcoin Value

I hope everyone realises the calculations changes with the share price?

Ie when it was £5, and the bitcoin they had was 42m, the premium was huge, 20 times or something lie that

So the more the SP slides the smaller that premium becomes.

It's not my fault the share price is up and down faster than I can keep track of.

My goodness.

Because the share price was higher when I calculated it.

Come on, wisen up.

" the advantage SWC have is strong backing and proof of execution"

What does this twaddle even mean?

540m Marketcap

42m Bitcoin Value + 39m cash

TOTAL 79m

6.8 times the Bitcoin Value

MSTR is 1.8, BMV will be close to ZERO premium as they haven't bought the bitcoin yet.

We can do this all day ONETIMEPOST, your choice.

What did I get wrong? Answer speicifically, and concisely.

They don't send the money instantly on the same day? Who cares, they spend it within as few days, it makes NO DIFFERENCE to the maths.

I redid the numbers to add the cash to the bitcoin holding and it was still near an 8x premium

Let's do it again the sp has slid again....

Impossible to short on IG, just tried.

Anyone on any other brokers chime in if it's possible please.

Big US sells coming through now.

Upsidedownman is now upside-down behind the sofa with his calculator.

Humble pie for dinner, charlatan.

I just checked IG, and NO-ONE is short on SWC.

There goes that theory, I think it's actually impossible to short it as who would lend the shares?

Has anyone tried it anywhere? Good to know these things, because if shorting is impossible, that's another argument the idiots can't use.

Onetimepost the cash raised is spent almost immediately on bitcoin.

It makes very little difference to the HUGE premium people are paying for bitcoin, when it's easy enough to buy Strategy or Bluebird Mining Ventures.

Other companies will no doubt start soon, and there goes the premium SWC have as first mover in the UK.

I keep asking, yet no-one answers, WHO WANTS TO PAY 8x the price of bitcoin when someone else holds it cheaper? (or if you factor cash into the equation, 7.9 times the price of bitcoin.

I didn't include cash BECAUSE IT HAS NOT BEEN RAISED YET.

Are you really dumb, or just facetious?

No-one knows where the SP or the Bitcoin price is going, so treat anyone who pretends to know with EXTREME caution.

They want to sell you their overpriced bag they paid way too much for.

Upsidedown man, the poster who doesn't understand basic fundamentals, and even after getting schooled, has the cheek to return and hurl abuse.

Define dilution again man?

I am saying SWC is heavily overvalued.

And even the core value is based on a risk asset.

Nope, and the more you *try* to insult me, the more I will post.

Hope that is clear enough for you, your call.... I can do this all day if you want. Otherwise, wrap it ;)

As you were.

Strategy:

104B Marketcap

63B Bitcoin value.

1.6 times the Bitcoin value

SWC

644m Marketcap

42m Bitcoin Value _ 39m cash

8 times the Bitcoin Value

Retired IFA, filter me, simples.

I quote facts, if you don't like them, sue me.

Teverham, at least you know the score. Poor next guy though huh. I am here to educate them too ;)

Good for you Taverham.

The fact you paid 8 times the value of something makes you an idiot too. (if you did pay that, it might be more or less of course)