Member Info for Rktech

LD and MP:

For those of us that don't use Telegram could you post what the word is and whatever supporting evidence there is for it ????????

This isn't rocketing like CLP because CLP is a miner.
Although there are some who say they're just operating outdated and inefficient machines in shipping containers.
I haven't researched it so can't say.
Strange it's rocketing when BTC is dropping like a stone apparently because one of the mining pools is selling but it could cause a cascade and a healthy correction.
In any event it's not relevant to GST.

I'm only guessing here but as the child chains can deal in whatever crypto token or FIAT they like the coal coin will be used for all the " under the hood " operations......just my take.
If anyone buys coal coin then please let us know how you did it ( in detail with all the pitfalls please ).
Currrently only on Indodax and changex.
Thanks.
Looks like there's a lot of news to come and soon, to keep momentum going.
Why bother setting up GS Fintech in London and Singapore unless the plan is about to be revealed.
New York would be the obvious next location for another GS Fintech Incorporation.

Hill Dickinson office
https://www.hilldickinson.com/offices/singapore

GS Fintech registered office you can see here.......enter GS Fintech into the search field
If you use google maps on both you can see their relative location.

https://www.tis.bizfile.gov.sg/ngbtisinternet/faces/oracle/webcenter/portalapp/pages/TransactionMain.jspx?selectedETransId=dirSearch

They are about 200 metres apart.
And miles away from GS Technologies address although Singapore isn't much bigger than the isle of wight.

Hill Dickinson are commercial lawyers and they have their city of London address at Broadgate tower.
More interestingly they also have a Singapore office.

Although there are 1.2 Billion shares in issue only about 30% are in free float. If that stays the same then it should cause a squeeze.
I am thinking all the pieces are being put into place first before an API application.
They know all the hoops they'll have to jump through and so they need to cover those bases first.
Just hope the milestones keep coming in RNS form so we don't lose momentum.

Should have added that the parent / child chain architecture allows companies to build their products and services using child chains while relying on the security provided by the parent chain

Just worth noting that Bitcoin only processes about 3 transactions /second and so on scalability alone will never be useful as a coin of the masses but will be used as a kind of digital gold as it depends on a proof of work algorithm ( SHA 256) to produce an immutable record of all transactions going back to day 1 agreed upon by all the participating decentralized nodes.....consensus and hence security.
Visa for example produces tens of thousands of transaction/second.
If you were to use a system like Bitcoin as payment system then the already recognized data bloat problem would just make it totally impracticable.
Coalculus is based on Ardor technology which is a parent/child blockchain solution that uses the proof of stake consensus algorithm for data security and immutability that addresses the problems of Bloat and Scalability.
The Proof of Stake consensus algorithm eliminates mining competition, therefore nodes can use low energy and economical hardware that do not suffer from bloat and are scalable and the child nodes can use whatever token they like......including FIAT money.
Institutions and individuals may invest in Bitcoin but they are investments not methods of facilitating the advantages of blockchain for eliminating much of the need for banks.

Thanks to all with L2 monitoring this.......well done.
So to hijack the parlance of Bitcoin. HODL your shares and force a squeeze.
If we humble PI's can see the tech is ahead of the game and this is the future then the whales certainly can.
Make them pay market value

When you look at the company at first sight it looks almost like a shell just managing to struggle along.
Then read the Feb 3rd RNS and the names Jack Bai, Shayne Tan and a new company GS Fintech.
Jack Bai isn't doing this unless there's a serious plan for his coalculus platform and GST was a convenient vehicle to use.
Unfortunately until there's further news the SP may well stagnate for a while but looked at another way it's probably taking a breather after a large rise.
Blockchain is not exclusive to Bitcoin but many don't realise this.
You can hash anything into secure distributed blocks.....not just a cryptocurrency ledger.
Factor in the Ardor Parent child architecture of coalculus and the huge number of applications in the finance sector can be exploited.
It's the future and we are in near the beginning and there are no other players in the wider application of Blockchain I can think of.........yet.
Risk/Reward and Jack Bai has a track record as a serial entrepreneur and will know all the right people.

There was a brief dip to 2.7 just now and then straight back to 3.0.
True bid/offer is 2.87/3.0 so someone just dumped a shedload at 2.7.
Could it be that some of the 67% or so of the shares not in the float are being released.
Just a thought.

Coalculus is the fintech platform. The website is slick and professional. Jelurida provide the tech and their paltform is called Ardor. it's all here.
https://www.coalculus.com/technology.php

I take it that Jack Bai has bought a shell ready listed on LSE and is keeping quiet until everything's ready to launch.

I don't have L2 anymore but just looking at the published trades on here there's a string of piddling little trades at 3.1. Who buys 100 shares FFS.
Just last month the price of ARB went below 60p and then when you looked at the published trades it made no sense.
Any market guru's got some explanation other than blatant manipulation ???

I've heard this filling an order thing so many times.
Who's doing the selling then. Where is the stock coming from.
There doesn't seem to be a shortage as I can buy what I like at 2.94 right now

It's certainly possible.
If they can use their close links with China to manufacure the ASIC's and mining machines then install them in the equivalent of data centres.......which is what GST do now anyway then way to go.
In the meantime have a look at coalculus:

https://www.coalculus.com/technology.php

This is the target market for GS Fintech and it's Global and there's only a few players so far.

This is from the 3rd Feb RNS

It is intended that GS Fintech will apply to the Financial Conduct Authority ("FCA") to be granted an Authorised Payment Institution ("API") licence in due course.

Would be good to know if they have actually applied or when they will.

I think it's what can coalculus do for GST and the answer is it's the obvious Fintech platform.

Hard cap is defined as the maximum amount of money a cryptocurrency can receive from investors in its Initial Coin Offering (ICO)
This IEO is for a period of one month if you read the dates..

An ICO is the limited-time process by which new cryptocurrencies make their coins publicly known and begin selling them directly to people. People invest their money in these coins in the hopes that they will later be worth many times more that what was paid. A hard cap is the major financial goal and is always larger than the small cap.

I'm heavily invested in ARB.
with a 40% price difference between US and LSE the arbitrage traders will be having a day out for sure.
See where it ends up. I'd like to know why it spiked on OTC last Friday after close.
There all talking about CGT and what cars thery're going to buy on that BB.
Just relax and watch it all unfold.

The link with the two new execs Jack Bai and Shayne Tan
Coalculus is their token