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2024!!!!

Mysticme

Qbt may be down 18% in the last 30 days but don’t forget it rose from less than 1p to 3.6p the month before that. Yes it’s had a good fall from recent highs but has said many times any news and it could fly again.

I do however believe a RNS needed so it can participate in bitcoin bull run.

I’ve said when it was at 3.6p be cautious be equally I thought it was reasonable value at 2p whilst bitcoin was rising.

Now at 1.5p it’s hard to argue it’s not oversold but news is lacking and keeping the price down. The fear is it keeps drifting without it. I do believe it will come good for LTHs but many nervous investors evidenced by sales v buys.

Nerves needed

Fleccy

I don’t wish argue and enjoy many opinions but to know the use or value of bitcoin you’d have to apply the same theory to Gold,silver,diamonds,antiques,a top with a brand name like Gucci on opposed to a plain one. A Rolex to a normal phone. A house identical in two different postcodes, a Tesla or Ford.

My point is whatever supply and demand puts on it.

I actually questioned the use many times as Warren Buffet has also but supply and demand wins. The use is usually irrelevant whilst demand is high.

As for qbt it just needs an update but applying your formula why did people pile in at 3.6p and now selling at 1.45p today! FOMO or supply and demand.

Fact is it will come good with news but patience required and when that happens you won’t get back in.

I’m not suggesting people pile in as it could also go the other way short term but I personally feel the price has stability and bitcoin offers support until a RNS lands. Maybe it moves without an RNS in anticipation

Https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-wednesday-27th-december-2023/

Will Zak’s prediction finally come to fruition!

Early days but news due soon as end of year approaches. One would assume second half will be stellar results but key is new products performance.

Any leak of good news and the gap to 15p could be reached quickly.

Next few days will be key levels to watch to determine if the bottom is truly in and then a swift move higher hopefully.

We’ve had a few false starts so would be nice for one to hold!

Good luck all

Will the selling price move up passed 10p!.

May encourage short covering and a potential move towards 12p next level

A 200% rise in weeks is nothing to be sniffed at.

Sensible to lock in profits or could it rise another 200%.

Who knows the answer but in these markets I know what most would do.

Buying looks decent

Jambone

Calm before the storm.

This will rocket when news lands.

It will land but when!

It will catch many off guard.

I’m sure it will be soon

Any news and this does an Argo 100%

Https://www.bbc.co.uk/news/health-67824447.amp

So much marketing material to promote products and also evidence to encourage the government to allow tests to become standard NHS tests for patients.

Cheaper than all the paperwork and standards meet the criteria needed

All I’m saying surely something is based on supply and demand so we don’t know the demand so who plays god and decided the figure.

Surely a reasonable question!

Suthy

Yes I know that and one would naturally expect the price to rise over the years as we get closer to the end!

However 1.5m to left and when it’s over my curious mind just questions what then!

A lot of electric to keep them but I guess the holder has a valuable asset.

Why the figure set on the amount produced.

Gold or diamonds don’t set a figure.

That’s all I’m wondering

So 1.5m shares left to mine! What happens when all bitcoins mined!

FG needs to give us something to finish 2023 with or start 2024.

Https://www.google.com/search?q=how+many+bitcoins+will+be+mined&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari

So looking at the statistics we are not actually that far away from mining stopping!

Well years away but years go quickly.

So why is a limit being put on bitcoin.!

Surely it will become like a collectable art piece.

Gold is rising but do t limit production so this does confuse me if supply and demand warrants more.

Also it’s a lot of energy to keep them once production stops.

Also what happens to miners then!

Https://www.boots.com/flowflex-antigen-rapid-test-lateral-flow-self-testing-kit-5-tests-10312496

Even on Christmas Day we are still selling rapidly.

Hope everyone has a blessed day with family and truly believe 2024 will be prosperous for all MHC investors.

Our patience needs rewarding.

🎅🎄🍾🙏

Suthy

I’m not in disagreement but pointing out that as soon as he signs off things will move the way they should. Argo is moving and hopefully QBT follows with news

Correction

I do not have reason to disbelieve FG.

One day ill check what I write lol

Have a blessed Christmas all

Over the year there’s been a lot said from all sides. The fact is QBT has the potential to be one of the best investments in 2024 however FG truly holds the cards.

We must believe deals are close and surely the price more attractive at these levels after the spike to 3.6p.

I know many would have got burned at 3.6p but only if you sell. Do I believe FG!. Well I have reason to disbelieve. Patience is required

The money has clearly flowed into Argo but it will return to QBT.

FG holds the key

Have a blessed Christmas from Jamrock