Member Info for LtdAxis

Addison: I think what matters is whether any company takes up on QBTs so called' products and services'. Or that actually having a 'product and service' on offer, workable or not, is the real point here, for a whole set of other criteria not yet clear.

You are correct it is very easy to criticise, as it also is easy to be full of unfounded optimism.

The answer is looking at both sides of the coin and forming a balanced view

Everything is scalable jmabone. But testing a car on a straight road is different than testing it on a windy road, and what works at a certain level of difficulty doesn't necessarily transfer to a more complex scenario .

It is curious why they didn't wait and release fully tested results at the difficulty required rather than teasing people with essentially meaningless numbers. There is no product until it is fully tested and able to do what it sas on the tin....excepting that this is a very fast moving tin!

From method B

"Extensive Lab tests, at a lower difficulty than the current, have shown that hashing guided with Method B criteria, can improve the ability to find a winning hash by 2.6 times, compared to standard search, while saving up to 4.3% of energy."

I think the phrase 'at a lower difficulty than current' renders the 2.6x virtually meaningless, as one has to know the 'current' and at how much lower a difficulty the tests were performed.

You should have bought at 1.5p like I said JB. Instead you piled in at over 3p.

But if you're patient you should do well there.....and here.

Just be patient

Just a refresher from the last RNS

"The Company is pleased to report that the Appeal Court has ruled in favour of CL17 thereby allowing it to seek enforcement of the Award Payment against the main Sipiem defendant (former director of Sipiem), who is individually liable for the full amount of the Award Payment. The Appeal Court did, however, grant the remaining Sipiem defendants’ request to enjoin enforcement of the judgment against the members of the internal audit committee and the main defendant’s family members.

The Company anticipates that CL17 will commence efforts to collect the Award Payment from the main defendant immediately. CL17 cannot confirm, at this stage, the exact amount of the Award Payment that will eventually be collected."

Good evening RKB: If you had been following my posts closely you will know that I did...else I wouldn't be here ;)

Eddie: the rigs used by miner one are still in a trailer in a parking lot in Serbia …

Jambone and crew must be using FG's new superduperturbothingamyjig software widget as posts are currently running at over 3x the number of trades. Keep it up guys ;)

I think you may also be on the posting leaderboard Ria ! :)

Looking good value at this price. Not sure it will stay this low much longer after todays RNS

Looked like a bit of buying into the close ?

On the bounce back up!

Doesn't matter if its 3 nanoseconds , 3 months or 3 millennia if it doesn't work.

Maybe by chance FG has stumbled across how to turn a millisecond into an eon, hence the long wait for confirmation of results :)

Jambone: If you buy at any point for x price and sell at any point for x price you re a trader. Some sit and wait patiently for years...and still might lose , others are in and out like a yo yo, and some hold long and also trade a portion.

Take the emotion out of it. Do your research. Set your targets/limits/stop losses and go off and do something else.

If you're down bad luck. It may come good it may not, but with this particular share I have often quoted the advice of a long forgotten poster who said" the true value of CLP (now QBT) is not knowing what the true value is"

Jamboner: If it WAS a new standalone company then you could make a judgement on investing based on all the criteria you mentioned, which may or may not hold weight in the wider crypto community.

It's interesting that no poster on this board has, as far as I am aware ,any hands on 'real life' experience of any of the R&D process or value of the path or not. It is generally unbridled and (IMHO) unfounded optimism based on very little.

I would suggest you look at QBT's accounts on companies house and also the associated companies such as MINER ONE,Clear Leisure 17 and Brainspark and also other companies FG is involved in.

I have to give it to FG that rebranding what was a sinking ship as a new crypto venture at the height of the bitcoin bubble was a stroke of genius/ good fortune( depending on how you view his overall business calibre). It attracted the likes of John Storey to invest and many PI's on the back of that. But where is JS now? He is not a long term investor backing the companies strategy. He made a very quick handsome profit and has moved on elsewhere......

...and there you were arguing against me mentioning the historical litigation money as if somehow that was just some trading strategy!

It's a genuine point of view to suggest that the whole QBT rebranding has been a sideshow to keep the wheels on the bus until a successful conclusion of the various court cases.

It may, in its own right, end up proving to be a successful venture ( the asci turboboosterwhatsitsnamethingy), but there is precious little solid evidence as yet, which others have politely pointed out.....

It was painful...although I had bought at 0.15p, and sold at 0.65p not 0.8p. It wasn't a bad trade but there you go!

Rubbish Jamboner: I bought back in under 1.5p on a limit order as I said I would . Doesn’t change my views here which have been well known for years . It ebbs and flows and at the moment is going 1.5 to 2p fairly regularly: hence the occasional punt .

Does anyone actually believe that QBT are the only company looking at more efficient software/process etc etc to mine bit coin or apply elsewhere? There will be literally hundreds of companies form the back shed to major corporations, looking at this all the time.

To me at least it has always been clear that this is a 'play' to keep interest and the lights on until the various litigation concludes as some historical. money owed is returned. Then FG can retire to the golf course.

Just my opinion of course and holding these again sub 1.5p for a trade out around 1.8/1.9 if I'm lucky .