Member Info for fleccy

Cas it isn't just Openreach who benefit from Full expensing; EE are rolling out 5G at a rate or knots, requiring lots of equipment and Tower/Mast infrastructure and don't forget about capex directed into building core network that'll also qualify. Of course VMO2 and others will also benefit from this.

Indeed Full expensing made permanent.

BT would be a big beneficiary if Hunt extends Full Expensing, todays price rise is speculation that he'll do that.

Anyone know why the short positions tab is showing 2 updates when the last change was 3 weeks ago?

Don't forget the decimal points.

Addison are you comparing me to Quantum states and suggesting I'm both a wave and a particle, with my position only known once I'm observed? I would suggest I'm most definitely a particle and always in the Spin Down state, since my posts are predictable before I press the Post Message button. Jambone is stuck in the Spin Up state.

This thread is like reading book with a short story in each chapter, lots of fantasy fiction with no evidence to suggest any of it's based on reality.

I think QBT have a lab in Ravenclaw at Hogwarts , with a Method B team lead by Professor Sinistra and Filius Flitwick. FG is secretly a wizard and regularly visits Hogwarts through a portal in the basement of 22 Great James Street, London. Fantastic I know, but no less true than other speculative posts in this thread.

Why don't you write to the BOD and apply for her job Mole, you could give them the benefit of your expertise and ideas?

Dollarisation and getting rid of the Central Bank, what could possibly go wrong? lol. I suppose he couldn't do worse than the previous guys, but we'll see.

Pas your arguments are flawed, I'll give you my take on Bitcoin.

Because no Government controls Bitcoin, it means that commercial entities could mop up the Tokens over time and take control of the supply themselves; No Government anywhere in the World would relinquish control of their money supply, so at best Bitcoin will be a niche entity along the same lines as football cards, or as Jamie Dimon would say "pet rocks". Once the Reward reduces to a point where it isn't worthwhile to mine anymore, assuming it doesn't go to a million dollars per token, then miners will rely on transaction fees to finance processing the Blocks, which would be eye wateringly expensive. The Block size is really inefficient so they can only process a limited number of transactions per block, so it's rubbish as a database and the currency narrative has already been dropped.

When people talk about BTC as a currency they seem to forget that it's already failed in that capacity, with the currency narrative replaced by the digital store of value, or commodity narrative's. When I watch the so called clever people on YouTube talking the price up, like Raoul Pal and Dan Tapiero, I honestly don't know how they keep a straight face; Clearly the vested interests will churn out hype on an industrial scale to power the hype machine, because they'll make money by convincing the sheep to pile in.

Addison we're all stuck in the banking system, because it's a well proved system that's worked for hundreds of years, if the banks thought there was any value in Bitcoin they'd be filling their own boots with it. If someone can tell me how Bitcoin will become an alternative universal currency? I'll read with interest and give my opinion. A mix of False consensus effect and Confirmation bias probably explains much of the group think around Bitcoin, but most people likely see it for what it is, intrinsically worthless.

Actually Zesty Bitcoin isn't buying the goods at the point of sale, the businesses selling the goods are pushing the purchasers Bitcoin through a third party, to sell the Bitcoin and convert to Fiat before completing the transaction in Fiat; All the conversion risk falls on the purchaser so the seller isn't transacting in Bitcoin at all.

The Gold standard was dropped because it didn't account for the strength of the economy's issuing the currency's, unlike Fiat, but on the amount of Gold held by the treasury's. I can understand why the Gold standard was dropped, since it's a flawed method of valuing a currency. The true value in Gold is due to its properties and a long established view that it's a hedge against inflation. Everyone loves Gold, it's shiny, durable, permeable and you can do some amazing things with it, but in the end it's just a precious metal and unsuitable for reflecting the strength of an economy, which is the reason it was dropped and replaced by Fiat. As I've mentioned many times before, the value of a Fiat currency is determined by the market and based on the economic strength of issuing entity.

Pas, the value of goods are determined by production cost, supply, demand and profit margin; People can decide whether or not to buy something based on the perceived value, but they don't decide the underlying price. If something is too expensive people wont buy it and production will cease. BTC price is also based on supply and demand, so the more people who buy, rather than sell, the higher the price goes, but the driving force behind the price is hype and FOMO.

People have to eat, but they don't need BTC, and as the price goes up it's possible more of the HODLers may decide to cash out, with the only chance of the price going higher dependent on others replacing them, and I'd suggest in herd type numbers. The reason vested interests are pumping out crypto YouTube video's, on an industrial scale, is to fuel the hype machine since they know that's the only mechanism to draw in new entrants and hopefully bring in more fools.

Something that's lacking in Crypto is protection against fraud and theft, buy something with BTC that subsequently turns out to be a scam and you're out in the cold, whereas Banks will reimburse you in the majority of cases; The only way you'd get that sort of protection in Crypto Land is a centralised body taking responsibility for insuring the transactions and making good losses. As I've said previously I can see use cases for Stablecoins, or tokenising commodities and using Blockchains for other things, but BTC is of no real use to anyone.

I'd be interested to know what Bitcoin solves? How does something that's backed by nothing, but hype and belief, solve anything? The fact that Bitcoin has no intrinsic value and is nothing more than a virtual creation, that's useless in the absence of a device and electricity, suggests it's just useless full stop. You can't eat Bitcoin and unlike other commodities you can't use it to fuel a vehicle, make jewellery, or use in electronics and the chemical industry.

If we had a World Government with a World economy and Bitcoin was backed by the World Central Bank, then it'd be worth something because it would be controlled and guaranteed, but it isn't. The value of Fiat currencies are based on the strength of the economy of the issuing country and controlled by the relevant Central Bank; Bitcoin's value is floating in space with no anchor, it could float to 0, a million, or anything inbetween on nothing more than sentiment. What vested interests tout as Bitcoin's strength, the decentralised nature of unbacked crypto, is actually its biggest flaw.

I don't join in with these prophecy threads, but with the stock going ex dividend on Wednesday I'd probably aim at the low 70's, rather than the higher 70's. For the higher 70's to be feasible, the stock would have to consistently rise further going into ex dividend and hold, or increase, gains on Thursday. I'm not joining in, just pointing out some variables affecting the outcome.

Abject, testing High Altitude Platforms in conjunction with Low Earth Orbit satellites makes a lot of sense in my opinion. It isn't just about controlling drones, it's about providing service over wide areas to mobile and home users. BT have already stated that they intend to use OneWeb for backhauling and using a HAP is like having a tower in the sky with line of sight to a much wider area, as well as potentially having a good line of sight with more satellites. If the tests are successful, I don't see any reason why this wont be good for BT.

"BT is exploring hybrid satellite and high-altitude platform station (HAPS)-based connectivity solutions as part of its march towards full UK population coverage for its 5G network."

https://www.telcotitans.com/btwatch/bt-exploring-haps-based-5g-business-case-as-randd-taxis-for-take-off/7456.article

Seems you're under my influence Mandy, since you are clearly obsessed with me. If I lived in Bury you'd probably stalk me.

Mole, if they drop the dividend then the cash would go toward reducing the Net Debt figure instead and likely feed through to the stock price eventually anyway.

Poker it's a relatively safe stock with a 10.5% dividend yield. £20k would buy nearly 27,000 shares with a dividend return of around £1000 next February, or £2000 for a full year . You don't get more nimble than that, it's tempting.

I just had a look back and I can see Beo has already mentioned what I've just shown in the graphs, credit to him for spotting this. I probably read his post but it didn't register at the time.