Member Info for Flowergarden

Bitcoin fell as much as 11% toda after a report from BitMEX Research suggested a critical flaw called "double-spend" occurred in the bitcoin blockchain.
Double-spend is a highly feared scenario where a user is able to spend their same bitcoin more than once.
A report in a trade blog suggested that there had been what’s known as a double-spend, where the same token is used by the same person in two transactions. It’s like if someone bought a car, paid the seller, drove off with their brand new wheels and then later yanked back all the money. In the case of the blockchain -- or the software that underlies Bitcoin and other cryptocurrencies -- the transaction in question would be excluded from the final tally on the digital ledger.

All you did was take an almost guaranteed bet of multi-bagging your money over the next 5 years. The trade-off is that you need to watch the money being played with by people in London and NY.

No, i think there was a press release on the 8th and the two days before that there was a bit of PR. It fueled an increase of sentiment, but hey, maybe they did pump it!!! It is done now. Fundamentals have not changed but they will have to put out some clear numbers, as i have said before.

MODE is worth £1 a share today IMO. Despite the immediate downside the 2/3 month upside is huge. I trying to average down too funds allowing. GLA.

I helped invest my family members money but i never choose stocks like MODE. I always chose safe stocks that paid a dividend to them and were even inflation protected like UKW, GSK, SSE, NG, PAY, WHR etc. They were happy and we had a safer strategy. I look at their investment now and they are up 8% capital and have had 30% in dividends compared to the initial capital investment in just over 3.5 years. No shame.

Do what you think is right but selling because of no news in 16 days is not a decision i would take. IMO DYOR.

43p.

This is turning into a buying opportunity but the bottom might have a couple of percentage points still to go for MODE and BTC may fall to 27k-29k from what i can see, I can imagine MODE BTC Jar users bailing and generating revenues. We should not complain, this is a perfect storm TBH. MODE shares on the cheap while revenues clocking in nicely.

BTC is still falling. I can imagine MODE users buying and selling like mad. Let the till ring! I do not believe they will make us wait weeks and weeks IMO.

MODEs management team may not have a choice but to push out an RNS ASAP. They are probably waiting for the formal Android app going live with a January trading update but to be honest, there other major shareholders might not give them that time.

If they are below 3% there is no reporting requirement anymore. I am assuming they people who went below 3% are still selling today.

In 3 months time we will never see these prices again IMO.

Yes, you are right. The seed investors are the ones to point at. Given the selling activity i have a feeling we will see another TR1 soon.

I do hope MODEs management team decided to sell their BTC last week. I know they said they would not trade it and hold it as a treasury asset but even so, i hope common sense prevailed.

I think after watching events for the last 21 days it is clear that the MODE share price at the moment, is more closely linked to the BTC price than reality dictates. Once we have revenue reports, user and funds in custody numbers we will see the share price shift away from a link to the BTC price IMO. Wait and see.

Ok, i will have a punt.

THE RUSSIAN
MARKET
IS STILL AT ITSINITIAL
STAGE AND IT IS
DESTINED TO GROW
MULTIPLE-FOLD
ON ITS CURENT
SIZE

That is not the strongest use of english! They probably read that over and over again to check for errors. Russian CEO and a British management team?

If only in Russia then sorry to say growth could be small. Revenues have taken a dip over the years. They do not have particularly stable EPS growth and Russia is not a wealthy market. Outside Moscow and St Petersburg people are poor. A punt yes but big returns NO !! If ZAIM was in the UK, USA, China or Germany then you might have had a chance for some decent growth.

IMO DYOR.

What a day. All of that selling and we ended up with no movement from what i can see today. Amazing.

Bet users are buying and selling again. It could be have an effect.

I will be holding. Nothing has changed, including the relentless sellers who seed invested into MODE. Just need to wait it out. Remember, in 8-12 weeks time we will have solid reports on progress including big retailers and BTC trading activity. Just need to HOLD. IMO. DYOR.

Have you seen the refer a friend offer MODE have made? They seem to be pushing alot now to get extra users. MODE are advertising on instagram and facebook now.

Next month, but IMO they should have a preliminary results announcement for the year end, this month. Year end was on the 31st December.