Member Info for Daibando

@bullmarket... Yes, timing is everything but so difficult to achieve as we would like! I also meant to add into my short list of tangible assets and that is the Classic Car market. I cannot see this market diminishing and all profits are free of CGT. Can't be bad can it?!

Cheers!

... to compete with the quality of the posts and the information they contain. To anybody not invested looking in I would say, "Read up as much as you possibly can, take the information in these quality posts particularly those from Quant and FigTreeHarry... accept that by investing in QBT there IS risk to capital BUT that it is a calculated risk with a potential massive upside. Please do your own research and due diligence on this stock. I don't like the term 'baggers' (I'm a bit old fashiond) but I believe this stock has the potential to be what they call a multi-bagger. To what extent I cannot say but a minimum of x5 - x10 Some will say that is a very conservative estimation.

Another day nearer to great news!

DB

...dystopian future you describe there u01gjot... right now I don't know which way the global power struggle will go. What you describe is a distinct possibility for our future way of living. Like everything in life there will sadly be losers and of course winners. Selfish human nature will dictate where you position yourself.

What a great bb today. Lots of interesting opinions and argument which is great to see. In my previous post I went off on a bit of a rant re the pros and con of fiat and crypto currencies. The post was prompted by a post the eminent Doctor made. Let me start by saying that the Doctor is as entitled to any of us to express an opinion or idea and I support that right. My post in response to the Doctor was not meant as a personal attack it just my response.
On a different but related topic I've just about got my head around cryptocurrency, the concept of DeFi and Blockchain Technology. I am now presented with NfTs or Non-fungible Token. What is the boards view to this as another investment vehicle? I think I understand the definition of a NfT but… Anyway, your thoughts are appreciated.
It’s good to see Bitcoin, Ethereum AND zCash (knocking on the door of $300as I write). Maybe this is a bush back up through the 60ks and onto breaking the prized 70k which I think will be a landmark level which will I hope push Argo back up past 170p.

I would like to recommend that we all diversify our assets and can certainly say that physical metals i.e. Gold, Silver, Platinum etc. is worth holding along with other tangible objects including rare coins and stamps (Please don’t tell Pearls). Interestingly many years ago just prior to the Chinese regaining Hong Kong a good friend of mine who was a senior accountant for Bank of America, he advised me that the purchase and holding of quality stamps would be a great long-term investment, especially amongst the Chinese. Whether the stamp market is still good in Hong Kong or the Chinese mainland I don’t know.

Let's look forward to a successful day tomorrow with the return of US trading.

Good night all

Dear Doctor (Doctor? Doctor Who?)... I feel your pain. For a long, long time I used to view crypto as a ridiculous concept, something built on apparently 'thin air'. I had many opportunities to get involved at a very early stage but chose not to for the reasons that I have just mentioned. I just could not see any future in it. it was just too 'left-field'. Boy... what a mistake that was.

Anyway, one day after delving into the history of modern finance... in particular the establishment of the Federal Reserve in 1913 the US, Britain abandoning the Gold Standard in 1931 and the U.S. following suit in 1933 and finally leaving the system in 1973. I also researched the Bretton Woods Conference in July 1944 and the ramifications that had. As well as this I looked at the role the well known retail Bankers from the age of the industrial Revolution and onwards have played with important events in history. The Treaty of Versailles was interesting and I cannot believe that was allowed to happen but there you go. The Cold War and the fall of the Soviet Union and the rise of a ????? ?????? and of course the soon to be No1 super power... certainly in an economic sense, China! There was other stuff too like the Lehman, Berings events etc but what I can tell you was it was one hell of a wet week-end!

My conclusion to ALL my research was that our whole CURRENT financial system is a 'crock of******' a smoke and mirrors conjouring trick and that in 2021 it is on it's last legs. I realised that my doubts about crypto-currency whilst valid no longer held water because I was and still am now more concerned about fiat currency which serves only to make the rich richer and the remainder of us poor. I realised that the concept of crypto-currency was no more far fetched than the present Banking system with their endless 'Quantitive Easing'....BULL5HIT! It's just effectively printing more money, adding a few more zeroes at the end of the ledger and who is going to ultimately carry the can for all of this when it collapses? Yes, that's right you and me... oh and of course our poor children who will be paying this burden endlessly.

So when the good Doctor writes, 'The pyramid/ponzi bubble is about to pop' I totally agree with you... fiat is going to go down big and very hard indeed. So by all means everybody... invest in tangible assets, gold, property etc. but also invest in crypto and companies such as Argo Blockchain. It will be the only way to protect yourself financially from what is coming.

Sleep well everybody, oh... and don't have nightmares.

Now where is that drink!

@Suthy... indeed a novel concept but I'm afraid it will never catch on. Seriously though it took me a little while to realise the working of LSEs idea of what constitutes a buy or sell so now I take it with a small pinch of salt. I generally refer to the London Stock Exchange's website for actual end of day stock prices and other company data etc.

As others have alluded to it is now a case of playing th 'waiting game' for further R & D updates and news. I'm sure it is coming soon and that it will be revealing and ultimately well received. In the meantime I will add to my holding when I can, slowly drip feeding in.

The topic of Hodl and Wadl and talk of Up the Lilly Whites to recall an old refrain from the terraces of White Heart Lane. My first experience of 'proper' football occurred not long after my 8th birthday when my dear old Uncle Joe... and avid Arsenal supporter took me to see Tottenham v Arsenal at White Hart Lane. I recall it was a Testimonial match for Cyril Knowles (sadly no longer with us) and the stadium was packed and all standing. Very exciting for an eight year old lad from the hills of Meirionnydd in Wales. Happy days and memories.

Still, back to our QBT investment - Patience and Faith!

... then Blockchain technology, cryptocurrency, A.I. etc. is it! In fact, ALL the points that Quant set out in his recent post (1707Hrs) offer massive growth for the next decade or three. I'm fully committed in QBT and certainly intend to retain a holding for the foreseeable future and i hope that many more of the private investors hang on to their stock until a fair value is achieved. QBT has a considerable way to go yet recognising that it is very 'early days'. You've got to be in it to win it and the odds of winning a small fortune invested in QBT is much better odds that buying a lottery ticket!

At this point I'd like to thank the likes of Quant and FigTreeHarry for their 'intelligence gathering' and letting us know about it in a timely fashion. It is very good to have such contributions on the board. This goes out to other posters too so forgive me for not mentioning you individually.

On a different matter I occasionally go to the ADVFN QBT bb... and I have to say that... well some of the anti QBT stuff is disgusting. Ok I accept that one or two posts might be ramps but there is no need in my opinion for the vitriolic negative posts. I don't know what you think about this subject. I'm glad to see that we don't get too much of either on this bb (probably talked that up now)...

anyway... in the immortal words of PC Dixon, "Evening all...mind how you go".

... very quiet days. Volume is down over many stocks and QBT is no exception. It will return in due course and moreso with news on projects QBT are working on. This all takes time and cannot be rushed. I am hopeful that news will be released within the next five weeks, which would make a fine end to the year. I think QBTs star will really start to shine in 2022 with major developments in the R & D projects.

I know that we'd all like to know if QBT are going to start mining Bitcoin themselves, even in a minor capacity. The revenue generated could be used to fund continued R & D in chip development and other Blockchain related business. From my point of view this move into mining makes sense but of course there may also be valid reasons for not going down the mining route.

Tomorrow is another day closer to some great news!

Good Luck ALL QBT investors.

@Bantutrader... just regarding your earlier post regarding your 50pence sp by the end of the year... Well, I admire your enthusiasm and whether it is based on fundamentals or even just hope, i like it! Sadly Icannot see it happening by the end of the year. By the nd of 2022 would be pretty optimistic too but you never know, eh!? Currently our market capitalisation is what, say 30M so to get to the 50pence would put us at just under 460M. That is some leap to do that! But as I say there is nothing wrong with having hopes and dreams. Sometimes they do come true!

It would be nice to get another positive update/RNS before the year is out because without news we will at best hold our position. I hope I'm wrong and the sp can rise on sentiment alone BUT with decent news we should at least achieve 5pence and head towards 10 pence at best. It's funny that there will be some here thinking I'm ramping and others who think I'm trying to knock the stock down. The truth is I am neither but like others here I am very hopeful.

Bitcoins volatility will affect us. I don't know why as we currently do not (and may never) mine any cryptocurrency. However, we are in the sphere of influence of crypto and particularly Bitcoin. My belief is that in the medium to long term, Bitcoin is only headed north. Short term is anybody's guess!

Keeping everything crossed for this stock and wishing Good Luck on all QBT investors.

“The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible and stable monetary and financial system”

…and if you believe this then you’re a naïve gullible fool. Just my opinion of course…
With the US 10-year Bond rate at roughly 1.625% and assuming an increase of what say, 0.25% - 0.50% over the next year the idea of institutions abandoning crypto and even equities in favour of Treasury investments does not make much sense or have much appeal. Some strategic movement could be expected but large-scale abandonment no, not in my opinion.

I think the current volatility in bitcoin and other crypto is just cyclical movement, profit taking and seasonal sell off. I agree the reduction in volume is a significant factor but let's not forget where Bitcoin was this time last year. The volume WILL come back. It's just a matter of 'when' and not 'if' Anyway, Those Chrimo presents and drinks parties won’t pay for themselves you know!

Getting back to our friends at the Fed… an organisation set up in 1913 under dubious foundations, built on corruption by corrupt financiers and since 1971 running a set up Bernie Madhoff would be impressed with. At some point in the future the whole house of cards is going to fall down with holders of fiat currency the biggest losers of all. In 10, 15 or 20 years’ time, I can see Bitcoin valued against gold, platinum and silver – not the Dollar $$$ The uptake and acceptability of Bitcoin grows apace, no doubt there will be some Governmental regulation but this will only make crypto and Bitcoin in particular, more acceptable to retail, institutional and private investor alike. Whether people like it or not Bitcoin is not going away any time soon.

Just my thoughts on the current situation and the potential future for global currency.

Good Night...

As somebody whose mother was an actress and father was a Bishop I resemble that remark.

Just sayin'...

Don't worry, the barstewards will be back whenever QBT shows even the smallest of pull-backs.

@PearTDM Hello old chap... how is dear Pearls doing? Keeping well I hope? All those years of licking the old 'horse glue' cannot have been good for the lungs can it?

Still, no doubt if Bitcoin drops to £10,000 I've no doubt he/she/it/they will make a reappearance.

Good Day to you Sir,

... Yes, The Alps. When the world does eventually return to some kind of normality I do intend to visit to that part of the world and hopefully get a bit of skiing in too. As for £1 party's well right now I'd take a 10 pence event! As I've said before I see QBT as a 'bit of a gamble', a risk but for me a risk worth taking. IF only some of the projects that are in the pipeline come to fruition then QBT will be in a good place. If ALL projects come together then it is possible you will witness the birth of a Blockchain Giant. But let's not get ahead of ourselves here.

One day at a time...

@Quant... At this rate we'll soon be in Zermatt! Just in time for a bit of apres' ski! Better value on the italian side of course. Switzerland is SO expensive these days.

Good Luck

Yes... you're right. I know you shouldn't rise to the bait of these people but sometimes that fly looks just too tempting so I rose up and bit! Sorry.

@Blueyonder007... do you think QBT stock will do tomorrow pricewise?

@MrTosh You have my admiration in hanging on to your stock during tough times. I hope that QBT is able to release some more news soon particularly about any new patents etc.

The market makers are most certainly on the prowl for cheap shares so try not to let them get yours too cheap. The best of luck to you in your investment here and with GST (I hold those too).

DB

...if I owned land that could offer a good water supply and a green energy source and it just so happened that a company came sniffing around... a company that I knew was in the business of making millions of $$$ per month, every month, year in year out then I don't give a fig for the normal price being $10000 an acre.... you want my land and you're going to pay top dollar. With the price I'd have wanted I'd say Peter Wall got it on the cheap.

...and if you ever come to buy my property a little tip - Don't even bother trying to knock the price down because I'll shut the door in your face! That's the price take it or leave it. Don't like it, bl00dy well clear off then!

I knew those assertiveness classes would pay dividends...

I think the 1.49M shares were bought at 14.05 but I know what you're refering to. A nice buy for someone...

...and unfortunately it wasn't me!

Good Luck

It just got even funnier...