Member Info for fleccy

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

"As for losses blah blah blah, that what happens in markets of every description, same for if you buy gold which you call a physical asset,"

You don't have to take any notice of my opinion, as it's just my opinion. No doubt you have a contrary view, which is OK because that's your opinion. Time will tell who's right, but common sense suggests that Bitcoin has no substance, so isn't real.
It something that could have been thought up by Derek Trotter, I wonder when Pechamcoin will be released?

https://www.youtube.com/watch?v=wwGGLJ7zbls

"at least ... thats what you're hoping"

I don't like Bitcoin and Crypto currencies in general, I see them as fake assets manufactured to suck people in. Some people will get rich off Crypto, many will lose their shirts and many already have lost money, or all their savings in some case. The industry is rife with fraud and hype, attracting criminals of all types.
Some software engineers will no doubt learn valuable skills, probably leading to good careers in other roles and there is a place for Central Bank Stable coins, but the rest is a waste of time and resource in my opinion.

"you are waiting ..but inflation is outpacing the dividend by quite some margin ...and the dividend isnt being increased with even inflation in mind ."

That isn't how I see it, for example inflation is different dependent on the circumstance. Someone who owns their house, mortgage free, has a different inflation rate than a mortgage holder affected by inflation related interest rate rises, and renters see housing costs rise without debt depreciation advantages due to inflation, a double whammy. House prices and stocks eventually track inflation upwards, since assets appreciate with inflation.
Your statement assumes dividend paying stocks wont see capital gain in an inflationary environment, and also doesn't account for multiplier effects from reinvesting dividends while prices are low. With stocks it's about timing of the initial purchase and the price when investors add or sell, not inflation.
Saving accounts are safe, but the interest rates are rubbish; Where else is better to invest your cash, than relatively safe dividend paying blue chip stocks with a good dividend yield?

"The current price movement in BTC is near textbook, exactly what we need to see , legs up then consolidating just below the next important technical level "

I'm not sure anything can be described as textbook in relation to BTC's price action, with many hodlers caught with their pants down, legs up and receiving a good Rogering.
The profitability of miners is proportional to the cost of Equipment, Electricity and the Bitcoin reward for mining. Electricity prices have steadily increased since the last halving and the Bitcoin reward will halve in 2024, so any miners without the ability to generate their own electricity will be at the mercy of the Grid price. Any capital invested in new more efficient rigs will have to be offset against any bottom line profit from operations. Many on grid miners wont hold the Bitcoin they mine, as they'll be under pressure to recover costs asap to cover operations and the ones who generate their own electricity will be pressured to sell if the BTC price starts to fall.
The price rises, following the May 2020 halving, was exceptional in my opinion; Institutional investors, like MicroStrategy, started bulk buying Bitcoin leading to momentum driven rises peaking in November 2021; Basically the hype machine went full throttle and many small investors bought in with varying Satoshi purchases, lifting the price from the bottom up, in addition to some of the "Whales" buying big.
The collapse, since Nov 2021, has burned many large and small investors, with many probably holding until they can exit the asset. Things like the collapse of the exchanges, and the various Altcoins going to zero, will also likely have destroyed confidence for many of the all in enthusiasts, who really believed, no doubt they'll now be the most vocal detractors; I'm not in that camp, I've never invested in anything Crypto related assets.
The headwinds will probably see Bitcoin struggling to climb from here, with the possibility of another freefall event should the Whales start selling.

"well,they know Retail is generally impatient ...so..they play on that fact ..impatience,fear,frustration, ...all elements they combine to push many to throw in the towel"

As long as you're unleveraged, the beauty of dividend stocks is you're paid to wait no matter how long it takes.

It's also a quiet day.

"Indeed Fleccy ...and those vested interests are often paid for vested interests"

I don't want to come across as a conspiracy theorist, but I'm of the view that big market players have intentionally driven down valuations of the Telecom sector. Look at the UK, BT are putting around £15 Billion into FTTP/5G and a similar amount is being invested into Altnets by Venture Capital, yet much of the media would have us believe Telecoms is a declining industry.
I think the narrative is designed to persuade retail out of the sector, while big players carefully and quietly build positions in the background. Personally I'll keep topping up while I see value, as I don't believe the negative narratives.

"Anyone keeping a tally of how many shares they have now bought ? This has to make a difference soon surely ?"

I've built a spreadsheet, on Google sheets, with googlefinance functions updating every minute and formulating the gains/losses of all my stocks across different accounts, both individually and cumulatively. I also have a self updating historic chart, showing daily individual stock loss/gains and the total loss/gain across all the stocks in all the accounts.

"Glad to see that someone else watches Karen Geoff and Steve on CNBC in the morning."

Indeed I do, I'm a regular viewer of CNBC. I'm not sure why, but they appear to pick and choose the stories for individual stocks; I've watched CNBC on BT result mornings, with hardly if any mention of the stock, then little stories like the Ofcom one today are slipped into the headlines. I have no trust in any of the Financial media outlets, or any news outlets, they all pick and choose the news they send out, based on behind the scenes vested interest directives, in my opinion. You don't have to lie to present a negative view, you just have to pick and choose the narrative, present only negative narratives and you'll increase negative sentiment.

The cost per Kwh will be dependent on the price of Electricity. For coins mined in the US, much will depend on the region and if miners running their equipment on Grid.

https://www.bls.gov/regions/midwest/data/averageenergyprices_selectedareas_table.htm

"I see messages have been wiped off here ,,, wonder why ????"

That's easy, when someone reports a post, the whole thread appears to go with it.

Hidden vested interests, appear to have run out of negative narratives to put out there, The VMO2/Talk narrative has now been shot down; The pension and debt narratives have probably worn thin; Altnet news doesn't seem to be making much difference these days. It must be difficult for them to knock the price, with the cycle moving from growth to value dividend stocks.

Unbelievably they just mentioned this on CNBC this morning, yet I've seen far more important updates from BT go unmentioned, It makes you wonder?

Is for stormy weather with an increased possibility of light shows, as Low Earth Orbit satellites break up due to atmospheric drag and electronic failure, and plunge back to Earth.

https://www.space.com/sun-active-regions-facing-earth-january-2023#:~:text=Science%20%26%20Astronomy-,2%20massive%20'active%20regions'%20on%20the%20sun,have%20rotated%20into%20Earth's%20view&text=Scientists%20used%20sound%20waves%20in,predict%20the%20active%20regions'%20arrival.&text=Solar%20activity%20increased%20on%20Jan,east%20limb%20to%20face%20Earth.

This is insignificant, just media pumping out sentiment targeted No-News. I switched to Plusnet a couple of months ago and they went through a full script of spiel, covering CPI+3.9% and everything else relevant, leaving me yawning. The speech lasted several minutes and they confirmed I understood everything. I also have an online account with all relevant information. It was also clear how much the price will go up at the end of the contract, needless to say I'll be switching if they don't negotiate a significant discount. Even if OFCOM find a slight irregularity in compliance, no doubt it'll be minor and only require slight changes, I would be gob smacked if it involved a financial penalty.

Apparently Garfield is tipped as a possible CEO for Vodafone.

https://garfield.fandom.com/wiki/Garfield_(character)

Just read this Motley Fool article and the conclusion made no sense. The article goes through all the reasons why BT is cheap and a worthwhile stock to purchase, and finishes with the author saying he wouldn't invest in BT.

"So, given that I invest for the long term, I don’t see BT shares as a good investment despite its short-term tailwinds. Thus, I won’t be buying the stock today."

I also disagree when he describes BT as having a terrible balance sheet and if he thinks I'll let him off for saying, "It’s worth noting that its new wholesale prices are yet to be approved by Ofgem", instead of OFCOM, he can think again.

https://www.fool.co.uk/2023/01/23/bt-a-ftse-100-share-to-buy-before-february/

He failed to mention that a third of the debt is lease liabilities, although he did touch on the annual cost savings that'll bulk up BT's bottom line, going forward. I also suspect the bottom line will slightly increase, due to BT spreading annual Capex out post the super-deduction tax period.

"I like your opinon, volume is moving , sp moving with more interest hopefully we shift beyond 3p before rns is released cos I'm waiting for 60-80% rise, obviously this suits my agenda, i believe this will happen just like Addison prediction of 8.2p will arrive soon. GLA and have a nice day"

For anyone interested in Volume/prices, I previously posted three charts going back to 2021, and they'll still continue updating daily with the previous days figures.

Here are two new more compressed bar charts going back to December 2022 showing the recent Volume and closing prices.

QBT Closing Price

https://docs.google.com/spreadsheets/d/e/2PACX-1vTzEFi1PoMev9Mwbnd2LkayNkkNxSnnqhUUXEWgqnsq9PRoUSedNxWYlE-6zAEoeCTQLk5WXdCmi_4x/pubchart?oid=1224216881&format=interactive

QBT Daily Volume

https://docs.google.com/spreadsheets/d/e/2PACX-1vTzEFi1PoMev9Mwbnd2LkayNkkNxSnnqhUUXEWgqnsq9PRoUSedNxWYlE-6zAEoeCTQLk5WXdCmi_4x/pubchart?oid=188073014&format=interactive

https://www.asktraders.com/analysis/why-mode-global-shares-plunged-41-2-after-ceos-resignation/