Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
"Fleccy - I've had a HUMAX box on FREESAT since 2013 and love it"
We'll probably go with the branded 4K wideband Freesat box, which I believe is manufactured by Arris. Unfortunately a Humax box would need a new LNB and wouldn't be wideband like the Arris box/Sky Q LNB combination.
I've recently received a notification that our Sky Signature bill will increase by £2.50 a month, but I'm also showing a £5 a month discount on the current monthly bill which will go when my contract ends next month. My wife is the main viewer of Sky and watches mainly Free to Air channels, apart from the Discovery+ package which is also thrown in with the subscription. I'm planning to cancel the Sky Q subscription later this month and probably move to Freesat, and pay £40 a year separately for the Discovery+ package. The monthly bill is due to go up by £7.50 next month and although I'm happy overall with the Sky service, it doesn't make economic sense to continue with it; Add to that Freely is due to launch soon, so I expect all the Free channels will be available to stream anyway; The reasoning for a Freesat box is the PVR function, and backup if the internet ever goes down. According to my future Sky bill projection, my monthly bill will go up from £29 to £36.50 after April and although I could renegotiate my contract, I can't be bothered.
"Well, I would say currently, it’s for making money, if you remember that you said at $14,000 that bitcoin is dead. Look at the price now."
Only if you bought at $14,000 and sold now at $69,000. I would suggest that HODLers only make money when they sell. A paper gain is urealised so unreal, it only becomes real when the HODLer sells their Bitcoin. End of.
TOTHEMOON that response doesn't answer the question, what is Bitcoin actually useful for?
Bitcoin bulls like to compare Bitcoin to Gold, but Gold has lots of different uses across a myriad of industries like Medicine, Electronics, Science, Jewelers, etc, etc; The Bull comparison for Bitcoin over Gold, ignores all the different uses for Gold in the real World due to Gold's unique properties. As far as I can tell the main use for Bitcoin is a casino style bet on the flip of a virtual coin, heads bitcoin goes up, tails it goes down; Of course the probability of a coin flip landing on heads or tails is 50/50, but unlike a regular coin flip the probability of a Bitcoin Flip landing on heads can be increased through hype to generate FOMO. The problem for Bitcoin is that Fiat wont go away and if Central banks were going to back their currency with something, they'd likely revert back to the Gold standard, and if Central Banks wanted to use Crypto they'd do it through their own CBDC's. The huge problem for BTC is that sentiment is its only price driver, and at some point holders will want to take profits. Because sentiment can change on the flip of a virtual coin, the Bitcoin bubble could deflate as quickly as it climbs, like it did in 2021/22, and there's the risk. I believe the Bitcoin Spot ETF's are an attempt to bail out the well connected Whales who are in over their heads, but as soon as they start selling the floodgates could open. If my thinking is correct, in respect of the ETF's attempting to pull in cash from investors in investment and pension funds, who wouldn't dream of directly investing in BTC, then that's just wrong in my opinion.
Warren Buffet's view on Bitcoin
https://www.youtube.com/watch?v=nzTcXMOrl_Y
"Those who neglect to educate themselves on #Bitcoin may find themselves working for those who did."
Educate me Pas, tell me what Bitcoin is useful for that can't be done better using traditional finance? There's only one useful purpose I can think of for Bitcoin, international currency transfers, but you still need the Fiat to Bitcoin and vice versa conversion at either end of the transfer, so does carry extra cost on top of the actual transfer; Any company involved in facilitating such transfers, with automatic conversion at either end of the transfer, don't need to use BTC to facilitate the transfer.
The only case I can see for investing in Bitcoin is to ride the FOMO wave and try and time your exit. Bitcoin can't be used at the majority of retail outlets, with the ones allowing transactions using a third party conversion company to convert to Fiat at the point of trade, with fees.
The Bitcoin herd might be likened to migrating Lemmings following each ever closer to a cliff face, with the survivors being the ones sensible enough to separate from the herd before the oncoming disaster. In my opinion, for Bitcoin to survive long term the powers that be would have to use a massive hammer to knock a square peg into a round hole, since it serves no useful purpose.
So educate me Pas, what is this unfolding intelligent phenomena?
"We’ve Got Your Back’ marks the first brand campaign from BT since the launch of EE as BT Group’s primary consumer brand. It boldly states BT’s expertise, knowledge and value in the world of business, as a trusted partner underpinning the digital economy. BT is now BT Group’s flagship B2B brand."
https://www.lbbonline.com/news/bt-enters-a-new-era-to-support-every-type-of-business/
BT delisted its ADR's from the NYSE a few years back:
https://newsroom.bt.com/bt-announces-intention-to-delist-from-new-york-stock-exchange-and-terminate-adr-programme-and-to-deregister-and-terminate-reporting-obligations-with-the-sec/
BTGOF isn't traded on the NASDAQ it's the BT ticker on the US OTC market, which shouldn't be price affecting since it's Off-Book (Off Exchange); So BT isn't traded on US Exchanges.
Stitching the fabric
https://www.youtube.com/watch?v=aNmdutQ3-4k
I would say the chance of the Conservatives being in power this time next year is probably less than 10%. It would take a major political meltdown across all the other parties for me to change that view. I'm not going off the poll's, I'm just going off conversations I've had while out and about; Over the last couple of months I've not spoken to anyone who's said they're voting Conservative and someone I know who was a Conservative party member, previously volunteering to do leaflet drops, say they aren't voting Conservative this time around either.
"ORCA Computing, in collaboration with BT Group, hosted a demonstration day at BT Group’s R&D centre – Adastral Park in Ipswich for businesses, universities, data centre providers and users. Unveiling the vision of the ‘Quantum Data Centre of the Future’ (QDCF) project, the day showcased technology innovations to demonstrate how quantum communication and computing systems can integrate with classical data centres."
https://www.telecomtv.com/content/bt/orca-computing-and-bt-group-showcase-technologies-to-enable-quantum-datacentres-of-the-future-49842/
This British ISA is nothing more than a marketing tool for the Government, and possibly fund managers once/if it's approved. The Conservatives wont be in power next year, hence the unnecessary consultation period meaning they don't care about it and it wont be them implementing it.
"If there is a serious bid for Vodafone I'd expect at least £1. I know others say this is too low but you have to be realistic"
I'd suggest that a £1 bid would be unrealistic, since there's no way in the World the BOD would accept such a low bid. If Vodafone was a distressed company it'd be a different matter, but Vodafone isn't a distressed company so any realistic bid would have to be much higher than £1.
Anyone who has views on this can email the Treasury to tell them:
https://www.gov.uk/government/consultations/uk-isa-consultation
The Guardian says it's a gimmick and explains why.
https://www.theguardian.com/business/nils-pratley-on-finance/2024/mar/06/british-isas-are-a-gimmick-that-wont-move-the-dial
LTI I'm not going to discuss this with you any further, I'll end this Monty Python like conversation now.
https://www.youtube.com/watch?v=ohDB5gbtaEQ