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Hi Hexham,
All valid points you make below.
As I see, where we're now is as follows;
Part of QBT technology has been tested in the 'QBT' lab. FG believes QBT have achieved something special above all competitors with Method A & B. FG's personal focus is on business development with large miners in Canada and the USA. Basically QBT want to engineer a product with the miners. FG's current milestone is to have method B and A, however, Method B looks more ready to be running on a miner company in due course. This'll be a deal which will bring in revenue. The potential is massive. (Btw, FG has publicly stated the Β£2million raise should be enough cash until revenue starts coming in to QBT). For me personally, I trust the CEO and I'm very bullish about this company and where the share price will go. I feel above 10p is possible. Another factor for me is Bitcoins price after halving. I feel Bitcoin will be above Β£80k dollors by the end of 2024, which if a deal lands will send the share price even higher. This is not financial advise - this is my opinion and I'm not encouraging people to invest their money.
Looking at the other side, I agree with people when they say 'it isn't a done deal - we don't know if it even works' That's a true statement until a RNS states a deal is done. This is where the risk vs reward comes into play. It is a massive risk. It may not work and you could lose all your money investing in QBT.
As I said, I'm happy to take that risk. I see no reason not to trust the CEO. Even though I've been burnt many times by lying CEOs out to take money from Retail Investors. I've given many reasons on previous posts as to why I feel this is a good investment. Remember DO NOT INVEST what you can't afford to lose.
Happy to debate QBT as long as there's no personal abuse. Good Luck all!
Regards
Well said ThePain. I've only been here for a few months and the abuse Jambone has received is disgraceful. How lse allow it is beyond me? Aim/mystic clearly has a narcissistic peronality disorder. He/She meets all the criteria of this behaviour. You can see it a mile off.
I've reported them again with attchments of their posts. Hopefully lse will deal with this situation swiftly.
Good Luck genunie holders and have a good evening.
Jambone, I appreciate you've have received unacceptable abuse on here - I've read it. But without sounding patronising, please keep your cool. You're better than that. Your posts are informative and really good IMO. You don't need to argue with folk that are trying to get a rise out of you. Let the share price do the talking. Look forward to reading more excellent post from you. Cheers !
Totally agree Wayne, but it's the way one replies that I have a problem with. The abuse some posters have received is disgusting IMO. By all means have a balanced view and if you're negative about QBT that's fine, but don't get personal, that's wrong. I've been negative a few times about QBT, but don't abuse your fellow poster.
With regards to the trolls, I sent the email below last night πto lse. I'm not saying it's worked, but I've had a reply confirming they'll investigate.
To: London South East
Subject: Bobsocks and AimHigherStill
Hi Claire,
I'm asking in a polite manner, please ask the moderation team to remove the profiles above. They're constantly being disruptive. How can this be allowed? If you cannot move them on, please let me know. I have to take legal action against them if they can't be removed. This isn't right.
Many thanks
Agree Bobat. I personally wouldn't sell here. I've taken profit on the last run and been averaging down from just over 2p. I usually always top slice, however, the risk of selling before news drops is not worth the risk if the CEO pulls this off even for a 100% gain IMO. I've tried to convince myself something isn't right here, but can't find it lol. It's one of those where win or lose it's fun and definitely worth the risk of making a lot of money. Having said that and without sounding boring, please do not invest here unless you can afford to lose everything. Good Luck everyone!
The most direct way the Bitcoin halving impacts price comes down to simple supply and demand. If there are fewer Bitcoins being made available, the price ought to rise, assuming demand remains constant or increases. In addition, miners only have half as much Bitcoin available to sell to cover their operational expenses, reducing overall selling pressure in the market.
The halving effect on the Bitcoin price this next time around could be even more pronounced, as demand could increase at the same time that supply decreases, due to some important developments in the space. ETF's etc
Please see below how previous halvings have impacted the Bitcoin price, making note of the price of Bitcoin in US dollars both at the time of the halving and at the cycle peak during the year that followed.
Halving 1
The first halving occurred on November 28, 2012, and reduced the block reward to 25 BTC from 50 BTC.
Price at time of halving: $13
Following yearβs peak: $1,152
Prior to the first halving, Bitcoin was unknown to almost everyone but the cypherpunks who worked on the tech in its infancy. When the price in dollars ballooned from double digits to over $1,000, however, Bitcoin did begin making some headlines. But for the most part, the burgeoning asset class wasnβt taken seriously by anyone outside the community.
By the time the price had fallen back to near $200 in 2015, critics proclaimed the bubble had burst and Bitcoin was dead. This trend would continue during the cycles to follow.
Halving 2
The second halving occurred on July 16, 2016, and reduced the block reward to 12.5 BTC.
Price at time of halving: $664
Following yearβs peak: $17,760
The second halving saw Bitcoin and crypto burst into the spotlight, with a wave of media criticism washing over the asset class. The altcoin and ICO boom occurred during this time, bringing with it many unfortunate scams and failed crypto startups.
Halving 3
The third halving occurred on May 11, 2020, and reduced the block reward to 6.25 BTC.
Price at time of halving: $9,734
Following yearβs peak: $67,549
Halving 3 was different in that it occurred during the COVID-19 pandemic of 2020, when most of the global economy had been shut down. Despite this, the price pattern for BTC/USD mostly held true to previous cycles.
All of the above is past performance and not a guide to the future. Having said that the trend looks bullish and Bitcoin is no doubt in a Bullish cycle. Bottomline, FG pulls this off we'll be safely eating turkey again this Christmas π
Interstate fact below π if you didn't know already. The halving and QBT announcing a potential deal maybe pure coincidence, but the timing is interesting π€ GLA
When the first took placing of Bitcoin took place in November 2012, the price of BTC was around $12. One year later, it had risen to over $1,000. BTC was at $8,755 at the time of the most recent halving in May 2020 before its mad rush toward $69,000 the following year.
Good morning everyone,
Been looking through previous RNS and hadn't come across the above chap. Wonder how he is getting on? My personal opinion is a deal is close. We're all (well not everyone) on tender hooks waiting for the little red dot above, that a deal has been completed. With regards to the X posts and interviews given by our CEO, unless it's as some say to lure more investors in order to dilute, I personally don't think so. FG has stated multiple times the last Β£2million funding should be enough until revenue streams start flowing in. Very exciting times ahead at QBT IMO. With no news and the continued rise in Bitcoin the SP will rise IMO also. Bitcoin halving is April. QBT ducks all lined up in a row......I personally am enjoying the ride win or lose in this stock. As per usual I have to say, this is my opinion and not FINANCIAL ADVISE. I am not advising or recommending anyone invest in QBT. Good Luck all genuine holders. Ps Ignore the FUD, it's ridiculous the amount of trolling by people not invested in QBT. Sorry some are invested here, but want to give a negative view of QBT as to balance out the positivity that many have here! π Never worked out why you would be negative to extremes when you're invested in that company? π€π€£
Btw Aim, I'm not trying to break even, I'm in the black by a wide margin. Before you talk absolute rubbish, please review my previous posts before you make assumptions of me trying to coax people to invest - I'd never do that and your continued accusations about me giving financial advice will end with you getting into trouble. I'm invested in QBT to the conclusion win or lose. Goodnight genuine holders of QBT and good luck to you all!
Aim, your definition of financial advice is different to mine lol. You obviously do not understand what financial advice is? I as do many other posters try and demonstrate evidence from the information that is available to us. You're entitled to your opinion, but unfortunately you never back it up. FYI if I was giving financial advice I'd be making a recommendation out loud to invest in QBT - I haven't done this lol. I may talk the company up with evidence in an adult fashion, but this is not FINANCIAL ADVISE. My advice to you is to call a financial adviser and ask them if I have indeed have given financial advice! πππ€£
On a serious note where does all this hate come from? I for one am happy to invest in QBT. I will never understand why people like you are full of hate for a company that is trying to do well. Why are you here? To educate people not to invest? Seriously Aim you've got to be the biggest wayne kerr I've ever come across on a chat board!
I only started investing here in October. Took profit - over 200% in a few days, thank you very much. I reinvested at over 2p, but have been averaging down ever since. Massive risk vs reward but I'm happy to take the risk. Why are the trolls here constantly bashing this company. Hmmmm