RE: Good Morning Tyke6816 Dec 2022 14:03
Thanks RKB,
Personally I feel next year is crunch time for Qbt, and they will hit and exceed targets of 5p & 10p. Next bitcoin halving event is approx just over a year +3mnths. It's well known bitcoin starts to rally 18 months prior.
Currently there's massive pent up demand from institutions that are looking to move into this space for next 2 years. Won't paste the articles again but for example fidelity etc have highlighted this. The only thing holding them back is Regulation, which I think will also become clearer.
next 12- 24 months look exciting for qbt , their strategy is much clearer from the website then a year ago. A part of me feels FG may take a step back once we go past the 10p mark or after total dominance from mining via quantum computer.
my only concern is funding... if I'm right one of the rns did say qbt r&d is well funded until the end of 2022, I'm assuming there's a plan going forward, maybe the court winnings are around the corner to keep us going for cashflow...