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So in summary we have funds to hopefully secure commercial revenue streams and currently at a buy in price to please the trolls so nothing to argue about as both sides happy 😊
Right so in summary lots of emotions and heart to hearts on here and the share price given the fact Qbt are now out of start and heading to a mature company (ie with product) the share is a little depressed. Amusing how the rampers forget BTC price and all the news incoming (where is my water park?) when things look good on product stage 1. However I’m more inclined to not sell and sit and wait at present as if this was a scam it’s a h#ll of a lot of effort and no find raise which will raise my concerns. Sooo it’s a waiting game which if positive massive re rates on SP but do have a plan B everyone and fair dues to Addison the outside world is better for mental well being than this board! GLA all and DYOR
The thing is Jambone there is no news or details just RBK being the Riddler rather than stating published facts. We have no idea of what cost the software is and what the contractual terms are for use as well as deployment timelines. So it’s all speculation until a revenue generating update is forthcoming. Our views on here are assumption until we have news that is revenue positive hence why many will be cynical. I don’t think it’s trader with a buy in price in mind affecting levels as there are too many variables to consider not to mention other shares to manipulate such as THG as an example. The SP goes up on revenue news or expectation and it drops on apathy, other opportunities or realisation that our investment over the last 2+ years hasn’t gone anywhere yet.
Actually 14p or so forgive my maths but not over 16p!
Addi from memory Jambone had 7m shares so needs a price of 13.4p or so to be a millionaire. So either your maths is wrong or Jambone sold 1m or so shares recently indicating he either has doubts or is a trader.... any how everything on this board is 110%!!! theoretical until we have a revenue generating product so why believe in anything until that is proven? Its all talk until there is a marketable product that generates revenue and share holder value. LTHs will only sit on the fence for so long.
Jambone you will attack me but you are becoming obsessive, which for someone on a supposed free ride is odd. Yes I would love this to come good and if it does it will be in multiples but if it doesn’t I have plan B and C so managing expectations.
Agree with Eddie, it’s just words on a page atm not a bottom line revenue contribution to shift the SP. Despite all the people involved who seem impressive unless there is a stonking RNS by end of June I’ll be considering my investment. This isn’t a deramping just based on years of apathy based RNS’s compared with the likes of Kodal (thanks Sash for the tip) there is no meat on the bone here just theory I’m starting to feel is this another Theranos??
Bro was a typo! Wish the website update included an edit feature!
I guess as all testing has been theoretical the next obvious step is to do it in the real world so you can prove your software works. Common sense would be to mine in-house rather than 3rd party so as to check theory versus real life bro as to ensure it doesn’t get copied or if any issues manage internally. Interestingly no one has mentioned the AI piece he referenced on the update as I was aware AI was being used to mine bitcoin faster, presumably it is QBT. I can still see peoples frustrations here as we still need are product that can be monetised.
Come on children let’s give it a rest and stop looking for negatives in neutral comments. I agree with Eddie Fleccy was just stating facts, stop taking everything so personally as the vacuum of news updates is making everyone paranoid and defensive which is understandable. My take is that if we don’t have any substantial update by end of June then that is not good. Till then I have no funds to ride the highs and lows and am grateful that I am hedged in other areas in case QBT doesn’t come come good. Though fingers crossed it does. Happy long weekend everyone and let’s chill enjoying the outdoors away from screen time.
This board is starting to resemble an Eastenders storyline with heroes, villains and personal stories. I guess that happens in the vacuum of not getting an update that is tangible. Anyhow let’s think positive and hope news in the next 48hrs will mean no bickering and we are all feeling good about our investment. Fingers crossed and probably too late to DYOR IMHO it’s in the hands of fate!
Wow no wonder their RNS/PRNs are so rubbish and they act surprised at market indifference if their PR team are so clueless! Time to find a new PR co I reckon
Jambone I think the posts reflect some of the LTH’s apathy to the lack of any news despite so much due that you keep reminding us. Not commenting on behalf of traders they are free to do what they want and don’t think their comments really cause large volume holders to sell but every week we are told news is due and it might be a large RNS or lots of separate ones, but until any RNS that has revenue generating content, minds and conversations wonder. Still lots of anger from some if we dare to question integrity which creates more noise.
It would be quite nice to get some new rampers who state facts that we can believe in rather than the current bunch who are dismissive of any slightly negative or balanced perspective given it’s our own hard owned monies on the line here with this investment. Don’t get me wrong it’s risk versus reward but we are entitled to let off steam without a bunch of judgemental arrogant loyalists who don’t have an open mind or are prepared to discuss even if they have no physical evidence on where this is going given the lack of updates that should be propelling this share to where you believe it is at. Irony is even the rampers are saying this share should be over 2p given BTC levels, I don’t disagree but as we have no product the market price is probably where it should be so why isn’t hat a wake up call for much needed news ??
Mrhanji, think you miss the point as I’m not expecting weekly updates just an RNS that actually shows they have a revenue stream agreed or already coming in. If you can point me in the direction of which RNS that was with cash in the bank I will be happy. Most peoples concern is that a sooner or later R and D companies run out of cash and even if employees are promised the moon in the future, there comes a point when goodwill is diluted. Not sure why all the rampers are bothered about us nervous types who may/may not sell out as other opportunities or cash preservation beckon, as if we do and you become millionaires then that’s our tough luck. When you look at RNS updates from most other companies they do tend to have some gleanable content or genuine update rather then we think we might mine this coin type or we are at 100% but decide to go for 110%….. Just saying everything had a finite timeline when it comes to loyalty .
Fair enough Jambone - noted
Sorry Suthy I didn’t realised that free speech and an opinion was not allowed on this site! Seriously these threads are such a joke that if any newbie comes on here they will probably not have a clue if this is a worthwhile investment or not due to the puerile bickering and toxicity. Who cares if someone wants to exit at 2.5p and others hold onto £1 it’s personal choice but at least we all agree we need tangible news.
I don’t care if people have shares or not on this site it doesn’t make them a better, worse, clever, less clever person I have personal opinions on many things I don’t own so why do people get so annoyed if some are cautious and want to protect their finances rather than take a punt. Yes I am still heavily invested with a hedge on 2 other companies in case QBT doesn’t deliver.
Suthy how many times have you posted in the last 30 days??
At the end of the day he like us wants tangible revenue generating news via an RNS not a PRN or a video talking about testing or new ideas of making QBT generate revenue.
No one on this site can be blamed for getting frustrated on the lack of comms even FG promised to do better around delivering on shareholder patience and that clearly hasn’t happened.
I do feel we are close but that is my opinion and until we have firm news, then all ramping/deramping is based on emotions or speculation so we shouldn’t judge each other’s personal circumstance based views.
Or they just extend his tenure assuming the signs are positive but timelines not there yet.
Agree with Eddie, everyone seems to be an expert on FG despite only RBK meeting him including his mindset, intelligence trust etc, then they come up with batsh#t crazy rationale to justify why we haven’t heard anything on multiple work streams. In short he hasn’t finished testing or signed deals/have a revenue stream yet etc etc so it’s a waiting game. Justifying to yourself with constant posting won’t speed things up, you either accept it’s 50:50 and be patient or sell out and look at options. Ironically I sold some shares today to take advantage of another opportunity that only has a year for fruition with commitments on timelines. Wondering who will release the RNS first.