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I expected some selling at 2p - like I said I planned on selling my stake (at 2p) and leaving the profit.
Genuinely thought 2p might result in a red day but it looks like most people are hanging onto their shares
I think todays rise puts pay to any idea this being a pump and dump… but to be fair the rise isn’t on the back of hot air but a game changing product in crypto.
They do need to back it up with sales but we know any and all miners out there would want to more than double their mining for a small commission… so ….. sales will come.
There will be a lull in news as interested parties go through due diligence and proof the product works - then negotiating on deals and contracts.
Unless someone with deep pockets tried to buy the tech? What would you sell if for? £100mill… £200mill?
£500mill?
‘In summary, Quantum Blockchain Technologies has responded to the requests of potential BTC mining clients ‘
As if we didn’t know already that method B will be saight after, but this completely confirms it.
This is the ground floor for this share despite a few (extremely) transparent and desperate posts on this board.
I’m really looking forward to next week :)
SP is still low.
If method B mines 2 to 3 times as much bitcoin as brute force the every bitcoin miner will want the product. It really is that simple. Profit margin is huge…MCAP tiny and SP just lifted off a low.
Just need news on sales which will come if the claims are true.
This SP will not stay down here
So can I ask
- prior to today did QBT have any products through which they could generate income?
- and so is this a fundamental shift to revenue earning from pure R&D for the company?
- put another way - is this a potential company maker??
Pretty exciting times
Big bite now, a few people trying to get in cheaper here I think.
Value will out; as you say there is mitigation that can be used to improve things (pre concentrate units).
As I said this is a healthy starting point. It’s not a blockbuster RNS but a solid foundation to build from