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Could it be that Cryto is a major threat to the loan and fee income from banks and other financial institutions - and that even sovereign states can avoid IMF or ECB interest fees and conditions? I would not be suprised if Italy was having a look behind the scenes for alternative financial solutions.

So to stop such nonsense, "One idea put forth are strict capital requirements for banks and financial institutions with exposure to bitcoin or other crypto-assets.2"These risks include: “liquidity risk; credit risk; market risk; operational risk (including fraud and cyber risks); money laundering / terrorist financing risk; and legal and reputation risks” – in other words, a buffet of the o’ so known FUD tales."

https://cryptosrus.com/straight-outta-basel-more-bitcoin-fud/

Thanks for the correction Gladiator57. I liked the sentiment but didn't check the figures. So there is an even more compelling reason to HODL, but I am sure this will still escape thosee on this board who have ulterior motives.

I think we are sitting on a volcano of opportunity with everything that is bubbling away, but there is also a lot of FUD which George cuts through nicely. https://youtu.be/vWC0nRkZB58

Borrowed this from the stocktwits site: " There are only 21 million bitcoin to be mined. There is anywhere from 1 million to 3 million that are lost in wallets for good. So there are only 18-20 million in total. Divide that by billions of people around the world. Where do you think bitcoin is it going to go in the near future?" It's all about supply and demand.
And for the idiots on this board, when demand increases, the answer is not down.

https://www.theglobeandmail.com/investing/markets/stocks/SOS/pressreleases/1862965/

For investors looking to get into crypto mining itself, they can approach through the equipment from manufacturers like NVIDIA Corporation (NASDAQ:NVDA), or innovative mining operations such as Argo Blockchain plc (OTC:ARBKF) and SOS Limited (NYSE:SOS), or even popular livestreaming platform Hello Pal International Inc. (CNSX:HP.CN) (OTC:HLLPF).

"Demand on the crypto side has been multiple-fold to what we initially expected. There's a lot of excitement," said Schulman in his interview with Time magazine .

It's this kind of excitement that caused an unprecedented surge in traffic of over 1000% and temporary outage of the website of popular livestreaming platform Hello Pal International Inc. (CNSX:HP.CN) (OTC:HLLPF), almost immediately after the company announced its entry into the world of cryptocurrency mining—in particular for Dogecoin (DOGE) and Litecoin (LTE).

"The sharp increase in activity on our website and the Hello Pal app validates the clear position we have taken on Dogecoin as well as on cryptocurrency in general," said Hello Pal's Founder and Chairman, KL Wong. "We're ecstatic that our choice of cryptocurrencies to mine seems to have been validated especially by the recent incredible surge in market interest and activity of Dogecoin. As far as we are aware, upon completion of this transaction, we shall be the only publicly listed company with primary exposure to Dogecoin."

Dogecoin (DOGE) recently surprised the market by breaking out from being simply a "meme currency" and surging 400% to a combined value worth $40 billion .

Thanks to a newly signed agreement, Hello Pal gained access to and additional 12,500 mining rigs dedicated to mining both DOGE and Litecoin (LTC). Now in combination with its strategic partners, Hello Pal has over 40,000 miners available to its users allowing them to own their own miner and start mining BTC, ETH, DOGE and LTC.

"We are excited to expand our crypto strategy to also include Dogecoin and Litecoin, which we believe will play an increasingly important role in the cryptocurrency world going forward," added Wong. "The Hello Pal community, especially what we envision for it to become, is a natural fit with the Dogecoin/Litecoin community, and this deal allows us to become a key player in it."

According its official website , Hello Pal offers users a chance to own or partly-own cryptocurrency mining rigs—thus giving a simple and painless turnkey entry into mining Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) and Litecoin (LTC).

Only recently back in February 2021 was a new chip was developed and announced to be capable of mining both Litecoin and Dogecoin simultaneously—allowing operations like Hello Pal's to exist.

Now another innovation from NVIDIA Corporation (NASDAQ:NVDA) has the crypto mining community on the edge of its seat.

According to leaked tests , Nvidia's CMP 40HX mining card is performing close to that of the company's RTX 3060—a popular video card with gamer

Let's hope there's enough buying momentum from the shorts closing to satisfy the day traders and set this up for a rise tomorrow. My attempts to hodl have been thwarted by the multiple sell-off's but hopefully we can now start accumulating without fear of drops. We were 63% off the 52 week High - might be a good time to calculate potential value when we revisit 300.00

...and the Bottom Line "The bulls are of the opinion that bitcoin’s price follows a predictable pattern based on previous trends and that it will rise again. The bears, however, point to increasingly negative sentiment and scandals associated with the original cryptocurrency to make their case for selling bitcoin. " Updated May 15, 2021. Has anything changed for ARB apart from more BTC FUD?
https://www.investopedia.xxx/news/should-you-hodl-bitcoin/

https://twitter.com/i/status/1377180758704488459
Let's hope we see a sustained bounce back towards 9.00 soon.

About time!!
Foralumab may be effective in treating new coronavirus variants from the UK, Brazil and South Africa, the company said
It is the first and only monoclonal antibody that can be dosed nasally or orally
An earlier study revealed evidence the drug reduced pulmonary and systemic inflammation and was well tolerated

Why all the negativity? One of my positions is down 64% since June last year. It's going to take an EXPLOSION to recover. I have been more than patient waiting for this to recover, but the more time that passes, the more it feels like a 'jam tomorrow' AIM Oiler on a never ending slide down, than a Pharma. Agree with Svott's sentiment and hope those Accustem shares come good and are not just another trap blowing smoke in our face - time will tell. As he says."if I am happy with the price I am off cant let my dosh stagnate in here for a few more years." Forget the FTSE 100 - even Lloyds would have been better as a flat liner. Suggest we all should have invested in BitCoin, and it's not too late!

It's always easy in hindsight, but instead of the strategy of buying into and increasing the percentage ownership for different non-producing fields, maybe UKOG could have invested some of their investors cash in BitCoin as a better store of wealth? We have missed the days of sub £20,000, but I think there's more life in BitCoin than the rapidly diminishing funds @UKOG. Could have a massive impact in a short period of time. What is the definition of insanity? Expecting the same person to do the same thing over and over (spend, spend spend) - and expecting different results. Just a thought, but I'd like to see some results before SS jumps ship.

"The diamonds are all notably of good colour and clarity and are of commercial quality and in high demand by the market."
REcovered from "6, six-inch percussion reverse circulation holes were drilled into the newly discovered River Kimberlite pipe in the Limpopo Province of South Africa during November 2020. A combined total of 39.5m intersected kimberlite while an additional 55m intersected a weathered kimberlite breccia." THIS could be Massive!

So you don't think ARB could increase 40% in a day? What happens when NASDAQ is announced? Try and buy back in then. You'll be up to your neck in dust (quite appropriate for FAR). Is FAR good for a HODL? Looks a classic pump and take your profits - if you time it right, but it's hardly aligned to the BTC momentum. And you posted the same ramp on all your other interests. Pathetic ramping. Filtered.

Is this the pre lunch dip? Waiting for the bounce.

Good point Julian - and another reason to favour PHE as it has the potential to put large amounts of low-carbon generated electricity back into the system while reducing the international waste burden. Maybe DMG'scould become the new alternative power solution for miners (who seem to have the demand and the capital)? I was merely pointing out that we are early in the innovation journey and that it's not too late to invest - if you think this has got legs, and you assume the company knows what it is doing.

PHE is still early in the evolution of it's solution, and here is a nice article on BitCoin that could just as easily relate to Powerhouse. Once the DMG's start getting commissioned in numbers, the current PHE price will in hindsight be seen as a real steal. As they say, 'Fortune favours the brave'. Hope the procrastinators and questioners are eating dust soon!

https://medium.com/spirit-of-crypto/think-you-missed-the-bitcoin-cruise-nope-this-is-why-youre-still-early-to-the-crypto-party-4e35ad785703

Are electrolysers the best solution, and do they really tackle waste issues? I'm sure Europe is on the radar.
"The European Union has made hydrogen a key plank in its aim to eliminate its greenhouse gas emissions by 2050, with plans to install 40GW of electrolysers this decade - equipment to produce emissions-free hydrogen using water and renewable power.
The EU currently has less than 0.1GW of electrolysers, and is betting on a rapid scale-up to decarbonise steel, heavy transport and chemicals, the latter of which already uses hydrogen produced from fossil fuels.

Hydrogen Council members - including Royal Dutch Shell Plc, BMW, Microsoft Corp and Sinopec - plan to increase hydrogen investments six-fold through 2025, from 2019 levels.
Apologies if already posted."

https://www.reuters.com/article/us-eu-energy-hydrogen-idUSKBN2AH0IB?taid=602cef39bbd80100011447e3&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

Agree with Piltick - the company has already announced a schedule. Pretty sure Frank must be a deramper or soft in the head. Who invests in a share with a conviction nothing is going to happen for a year? Why wait a year? Sell now and you wont have to share your unfounded anguish and false information. Filtered.

to help them become the first parts of the UK to run all-electric bus services, the transport secretary has announced.
‘This council is committed to offering our residents a clean and environmentally sustainable future through a series of steps including through better public transport.’

In the future, £50 million should buy at least one PHE DMG and leave change for transport modifications, with a very compelling case for provision of cheaper electricity/hydrogen as well as reducing Councils waste/carbon footprints.

https://www.localgov.co.uk/Coventry-and-Oxford-prepare-to-run-UKs-first-all-electric-bus-services/51648

No suprise in this video that a new #BankrollingExtinction report reveals top 20 global banks financing #plasticpollution.
Between 2015 and 2019 major banks provided USD $1.7 trillion of financing to 40 key actors in the plastics supply chain.
https://twitter.com/i/status/1346841339657396224
Let's hope they are as eager to finance DMG units as part of a move to a new low-carbon Hydrogen/Power .