Member Info for fleccy

"Come on QBT. You are to be blue not red"

It's a Code Red

"22- exactly . Everyone just needs to filter him."

You can't handle the Truth

https://www.youtube.com/watch?v=HaDfMjzroSo

Hilarious.

You don't have to be a particularly intelligent person to see that Bitcoin is a bag of spanners, you just need some reading skills, a search engine, and a bit of common sense.
In my opinion Bitcoin fans are short sighted, vested interests have put lipstick on the Bitcoin Pig and passed it off as a supermodel; The Bitcoin fans should buy some proper glasses, as the cardboard one's with a hole in the center are limiting there peripheral vision, the lipstick's in focus but they can't see the Pig.

https://www.lexology.com/commentary/tech-data-telecoms-media/united-kingdom/wiggin-llp/equinox-2-and-its-regulatory-implications-background-and-new-features

"Please dont reply to the child with ADHA... i wont ever."

It's true, nobody can argue against anything I say, because it's all true. You guys should do some online research before stating something as fact, I do:

"Each cycle more holders remain committed thus driving adoption ( moore’s law ) we can see this playing out perfectly with higher lows and higher highs each cycle."

What does Moore's Law have to do with the number of Bitcoin holders? Moore's Law was an observation, in 1965, stating that the number of transistors on a microchip doubles every two years, it has absolutely nothing to do with Bitcoin.
As far as the Halving's concerned, the Miners need to invest in much faster efficient ASIC's just to stand still following the Halving. The only way Bitcoin will go up from here is if the price is manipulated up, in my opinion, with the aim of retail bailing out the locked in Whales.

"Bitcoin serves as the network capable of processing hundreds of thousands of transactions and as a secure platform where users will no longer have to worry about how their data are being stored and processed."

PAS, 95% of what you've just said is incorrect:

The Bitcoin Network is painfully slow and inefficient, that's why they operate the Lightning Network off chain

The Bitcoin Blockchain only gives anonymity for transactions within the network, most data harvesting is done at the app/cookies level on the various devices, or through users voluntarily surrendering information, this wouldn't change with Blockchain

When you go to a website, it's your IP address that gives your approximate location, the current way of preventing this is to work via a VPN. At best, operating via Blockchain will only provide location anonymity if it acts like a VPN, but VPN services are already available.

Anything on a public Blockchain is available to all nodes on the network, and a users identity is only secret until some other person, or entity, ties wallet transactions to an individual/company.

Fun facts:

A new Bitcoin Node takes between 1 and 5 days to syncronise to the Network

Bitcoin transaction confirmations take from 5 minutes to 1 hour, with many taking even longer to complete

I'm only topping up when dividends become available now, I've reached the limit of adding new capital to any of my holdings. My last Vodafone top up was a while ago, with my more recent adds in BT and Lloyds. I've been a bit wary of adding more to Vodafone, as I'm unsure about the dividend; Ironically, Vodafone was the only stock that continued paying dividends during the pandemic. Until the new CEO arrives and telegraphs their strategy, I'll just continue holding.

It appears Vodafone Group, and Aditya Birla Group, don't want to put any more of their own cash into the company, which probably makes sense in view of their treatment by the various Indian authorities.

"Heading for a red finish after another promising start"

It's only a problem if you're desperate to sell, it's an opportunity for those looking at buying or topping up.

Not really surprising, the markets stamping on the Telecom sector. If you look at the US AT&T and Verizon demonstrate the market treatment of the sector.

https://www.google.com/finance/quote/VOD:LON?window=5Y&comparison=NYSE%3AT%2CNYSE%3AVZ%2CINDEXDJX%3A.DJI%2CLON%3ABT.A

"For me the debt needs to start going down otherwise its just more of the same RE the share price."

The financial debt wont decrease while they're directing capex into FTTP and 5G, my guess is that the lease liabilities will decrease over time.

Currently:
Financial Debt £13.485 Billion
Lease Liabilities £5.557 Billion
Total Net Debt £19.042 Billion

So 29% of the current Net Debt is Lease Liabilities, which is really an operational cost, BT include the figure as part of their Net Debt, other companies don't. Therefore the true debt figure is £13.485 Billion and not as large as the media would have us believe.

"Longer term is less clear, it’d be good to see progress on costs, a decent FTTP take up rate, Ofcom not interfering too much, the altnets kept at bay as far as reasonable. "

I think BT's been really clear with future guidance, forecasting increasing annual cost savings to around £3 Billion by the end of FY25. As far as annual capex, 2023 onward, much will possibly depend on any tax incentives following the end of the super-deduction period, any incentives may encourage BT to concentrate Capex earlier rather than later. As I've said on previous occasions, BT isn't a revenue growth play it's the potential to grow the bottom line through cost cutting. Following the PSTN switch off, with the legacy network gone, convergence, building closures, less workforce requirement and a much lower energy bill, all this will add up to even more cost savings leading up to the early 2030's, in my opinion.

"In the previous financial year, FG's remuneration was €454,000 with a share option of 100,000,000 shares exercisable from 06/05/2023, with an expiry date of 05/05/2026, and a share option for 100,000,000 exercisable from 06/05/2022 with an expiry date of 06/05/2026."

Not sure what happened with the link in the last post, the link didn't match the link on companies house, this one should work:

https://find-and-update.company-information.service.gov.uk/company/03926192/filing-history/MzM0NDQ3MzM4OWFkaXF6a2N4/document?format=pdf&download=0

"It will be interesting to see when the accounts come out how much FG has been paid over the last 12 months. Maybe he should be paid by verified results!"

In the previous financial year, FG's remuneration was €454,000 with a share option of 100,000,000 shares exercisable from 06/05/2023, with an expiry date of 05/05/2026, and a share option for 100,000,000 exercisable from 06/05/2022 with an expiry date of 06/05/2026.

https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/hpq8BBJEK_cCSm5wd4r_pDxdVHF7MLcbFb8UCd-sq08/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3EPY3LVPI%2F20230126%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20230126T084035Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEKv%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaCWV1LXdlc3QtMiJIMEYCIQDcxG5ijMp01TAYvKf2kMJTL0ICVpO87lfXfNckju0K0QIhAMhjGeXvyVUFEBbc8ujH54Rs%2F9a8gxdEmk6CCZ9qK9TNKs0ECCQQBBoMNDQ5MjI5MDMyODIyIgzoD2LaDcxJNOZpC34qqgSQgCA9cDkXMJ0nmYi99pZhxZa8HJ1n6k%2B7Ncqh%2BKUeEJ%2FZ%2FfwzXymlVu2DUMipRV%2BkpATi0R2U93%2F8C6gUg4u0uPHqwvWKxZm474f4rJeJK1V9RdMHHjdQ9ABIlCB%2BOPdTwzkhUzibISE8drSu6OtAkj0swN%2Bvp%2FhkvP%2B5khgapILueG2ppb7aAicVUcpcMIuDfxVeVS8A7w81w4iBJunV4l02357jytS%2BtJVr9UVE%2FDl4AKte1iY13ZtFUl0Ez6eAtVtLu9iixFiCZVan%2FHP3A0k7iHrpzcHk4Glyuc7kyZ%2FjFbQ68xK6SdinkhaUUj0uCDWfzHaAm987aRZKKd2x3jdykQP7kUEbqJjN47dHh4SK2V4wSGpfX%2F6iclfL4muezo%2FhS0hiRCaOVKeHGKNVb4RmLVL14Z1A8LnfnXUUbt%2FuFH4xVqa1kBF6OSyz%2FsviqJYCdBhq21Zsyhq0dvVWP94y5%2BN7CPVVXAeonLkNJuNNRgWob6u9Qph1ELNmaJEwLJXU06sPB0hTs4F%2FAn8MN%2BqmXVwvqMkTaxq54M7foMP4tJAmzcmcjdx9FExBzK%2BO%2BagS8eWCVlUkzHBITpedY2dHQ3zoszqVv%2FO%2Fhy9Ocf943N0P%2BxIE6z1UWjMg8U1AfQlXO2OSHU7zQ7iX4TH0CSoQHYsx4CGIxUeQPLWQO%2Bn%2BXRmwEqbz0u3VP8moyctLXm%2FukVwFP27VF60%2FE3qnFuyP4VWACbt6DzCj0ceeBjqoAWuydOQBey%2FH%2Ft%2B394VSI8P2LPUYZUz3qbvKaK%2FUbb6TOCuAXm5sCTYasnLpasUnQcHYp2evw2KBkiXYczxXUPvP8E9SY8ZUF7gpJQeS%2FbvlECfmq7j%2FdM27revVTs2Bm%2BpisymImUObdIq5M33NSPahd9xIFyIFfsWbQjFxVo%2FfQFnzOB%2FNjHpO%2F6exHzXnMk2oPWcOZahMx%2F4vbQ0pLdZ%2FfIzmBXufqg%3D%3D&X-Amz-SignedHeaders=host&response-content-disposition=inline%3Bfilename%3D%22companies_house_document.pdf%22&X-Amz-Signature=4736b14e66b7aad801fe6f9b7397eec2564e7a8124ef484f3432e0fabb562532

"Opinionated is putting it Mildly, we all have an opinion but just because you don't think Bitcoin will work it doesn't mean that millions of others that think it will work are wrong."

Well someone's got to be right Alan, you can't have it both ways. Either the Bitcoin believers are correct, or the people who believe Bitcoin is akin to a "Pet Rock" are correct.

"You are just here to continually give verbal out and should be banned from the boards. Especially this one."

I haven't given out any verbal, I've received plenty though.

"Get help because you are certainly searching for something to be like you are because you are not liked here so why put yourself through it on a daily basis?"

I'm not searching for anything, I'm expressing an opinion. As far as not being liked, I would have thought it's pretty clear by now, that I don't care. Just because the vocal posters on here don't like my opinion, it doesn't mean other's reading the posts don't take something away from them. If you want to counteract my opinion, you should present valid arguments disputing my view.

"hear hear Plutuq ...highfalutin repetition to satisfy an ego !"

Lol. Talk about the Kettle calling the Pan black, I've never seen so much repetitious ramping as I see on here. If ramping is part of the game, then people shouldn't complain when someone presents a counter argument.

"You’re just an egotist at the end of the day."

Really, what's self seeking about warning about the worthlessness of Bitcoin?
I'd probably describe myself as opiniated, not sure if I'm an egotist.

"I notice you didn’t copy all my post across mentioning that physical assets go up and down according to market conditions such as gold, and property,"

At least Gold and property has utility and real world uses, whereas Bitcoin in a cold wallet is less useful than a jar of air. Something valued purely on sentiment, really has no value at all.

"You have done that now, move on enjoy life. "

I'm not sure why people assume me posting on here affects my quality of life. Posting on LSE has nothing to do with my day to day life, it's more of a hobby I can fit in, and enjoy, between doing other things. I'd suggest anyone thinking that posting here is anything more than an interest, should look at their own perspective on life; Believe it, or not , I do other things in-between posting on LSE.

"P.S. Was fleccy joking with his post? or just showing off?"

I was being honest, so I suppose I was showing off if anyone wants to view it that way. I'd share some of the charts, but then viewers would know how much I'm currently down lol.

"Must be a really sad state of affairs when you continually 'copy and paste' articles off Google to try an prove your point."

I assume you're directing that at me. The links are actually YouTube videos, the one in this thread is me comparing Crypto to Del's Miracle, and the one in "Crypto: The World’s Greatest Scam" is a documentary contradicting the hype around NFT's and Crypto.
I don't think it's sad to warn others about something you see as a scam, I view it as providing a service. You should watch the video, "Crypto: The World’s Greatest Scam", the presenter makes very good points throughout and gives alternative views to the FOMO hype marketed by vested interests in the Crypto industry.