“ If ARB mines bitcoins, what happens when the remaining 12% left to mine are mined? All those computers no good? At the current 900 per day, means there’s about 6-7 years left.”
I thought that was worth replaying.
The worrying thing about his first deramp is that he managed 6 recommendations. Under the bridge must have been really quiet then.
1. US ownership increased 7-fold after joining OTCQX. 2. Trading volume by number of shares increased 28% within the home market. 3. Trading volume by number of shares increased 37% within the OTC market. 4. Trading volume of firms falling into the lower half of the distribution by size increased 43%. 5. Trading volume of firms falling into the upper half of the distribution by size increased 12%. 6. There were positive liquidity reactions for companies from Canada, Asia Pacific & Europe. 7. 1.5% of value was created within the home market.
The evidence reveals a clear and consistent picture that value and liquidity are enhanced in the issuing firm’s home market on joining OTCQX. In addition, there is a significant increase in US ownership once a company is traded on OTCQX.
Don’t let anyone tell you this is bad news. Nasdaq will follow, when Mr Wall decides the time is right.
I’m still puzzling who was behind the grassy knoll, so I’ll leave this for greater minds who care slightly more than five eighths of three fifths of sfa!