Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
https://twitter.com/Sausagedog19/status/1336233500228407296
Chart is looking primed for a move up IMO.
Nice bullish divergence on the RSI from oversold territory moving up against a declining SP.
GL
SD
“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”
Here, here Peter.
SD
ps: you'll need to see Peters videos and interviews to understand this one.
Congrats Peter and Team. Excellent results. I'm pleased to say my Arb HODL has gone up. My **** coin bags are also pumping. End of November SD Update.
GL
SD
Relax. The new BTC ATH before the end of the year will initiate all the PR we need.
The mainstream media will broadcast the bitcoin rag to riches story to the masses including investors.
2020 was Novacyt's turn as the darling of the stock market. 2021 will be Arb's turn.
Those flipping ncyt profits into arb (at the right time ie: now) will have the 2 best performing shares back to back this decade IMO.
HODL. We are very early.
GLA
Once again. It looks like Whales are going long, retail short. If btc rises a little more I’d anticipate that a Short squeeze is coming with a 3k candle possibly to the upside!
To all the swing traders here on the sidelines expecting the 12k pull back to the 21 week ema you have a tough decision this morning. Bitcoin does not do easy! It’ll do the opposite.
Come on swingers. What will it be? FOMO back in higher or play to the ego that bitcoin must correct sooner and later?
Kiwis gone quiet so I’m assuming he’s swinging! It’s Kinda nice this forum not being spammed whilst bitcoin continues mooning.....FOMO or Not?
I’m expecting lots of 1M plus delayed FOMO trades today from swingers TBH.
GLA
SD
Yeah. Let's hope so.
I just found it so funny. No one was posting for days on end here when the price was so low. It was a deserted BB and then Trek would pop up with a post signed £1. A 33X at the time. I loved it.
I've got a feeling he's move on.
Kiwi's also gone quiet. Very unusual. Sold out or dead?
I do believe Trek called £1 an arb share when we were in the 3p region earlier this year. I just hope he's still holding to see it through.
Another holder has called £5 recently which would do me fine.
Also, it looks like a lot of swing traders are dumping their arb shares at this 16K btc resistance level. They might however want to look at data for bitcoin whale activity at this important btc price level.
SD
Hi Botak,
Many thanks. I totally agree. I have more funds to potentially deploy here but I won't at the moment.
I consider the exchange here such a risk that I's seriously considering ripping the cash out of my isa to buy these web 3 projects to hold directly. As previously mentioned, holding alt coins directly would give me 100% liquidity, 24 hour market access, no II sell downs, minimal slippage, no MM games and 100% NAV exposure. Sure, i'd lose my TAX wrapper but potentially that's the least worst scenario here.
I agree with your interpretation of the vision of this technology and where this could all end up. Early investors like us will do very well if we hold our nerves. The future of finance, data storage, security and transmission and the future internet protocols are being built. And that's just the start. It's so exciting.
Since my entry here last week the ask has gone up 30%. My alt holdings (of similar coins) has increased 5-10%. ONLY 2 trades today! The last of which for a couple of hundred shares results in another 5% ask increase.... Seriously...I'm concerned the MM's have no clue and might even be tracking bitcoin price movements rather than alt coin price movements and adjusting the ask on this..
George (if you are reading this) please speak to Hewie (Kiyo Capital) or engage investors like me who have been trying to get in contact to discuss this. He has my number.
GLA
SD
ps: I don't question the quality of the investment decisions here. Just the exchange.
Hi Botak,
Many thanks. I totally agree. I have more funds to invest but not just yet. This exchange adds too much risk here for me to deploy them just yet.
I consider it that bad that I am thinking of ripping my cash out of my ISA to hold these web 3 projects directly. I'd get screwed on the tax front but would have 100% NAV, 100% liquidity, 24 hour market, no MM games, no slippage, no major II sell downs. Yes i'd lose my tax wrapper but i see that as the least worse outcome potentially.
The tech of the future web/defi/data is being built today and those early investors like us will reap the rewards. I expect some 100 X returns from the projects I have invested in.
George (if you are reading this), please speak to Hewie (from Kiyo capital) and get on a better exchange and engage with your investors, as I've been trying to get in touch to discuss. I'd be keen to chat.
GLA
SD
ps: For example, the ask here has been raised 25-30% since my initial entry. My alts are 5-10% up over the same time period. I'm worried that the MM's think that this is a BTC tracker and adjust the ask around BTC movements in which case they need some education into this market. BTC movements normally crush alt coin movements out side of favourable eth:btc movements
Wakey wakey MM's
$16K BTC is broken. This is normally an indicator for the ARB ask to go up, unless you've got yourself in a pickle and your book is not in order...
A nice kusama airdrop fro KR1.
After my previous post here I decided to take a healthy position here recently. I have a larger direct alt coin and crypto holdings, with many coins that KR1 holds.
I still have concerns about this exchanges liquidity (justified by only £1K in 2 trades after this mornings RNS) which i suspect is the reason this trades at a discount to its NAV.
It's like having a ferrari engine under the body of a skoda engine IMO with these investments on this exchange.
WTF are the MM's doing increasing the ask 5% on a 20 quid trade? Try searching for the liquidity lower if you are only getting 2 trades after news like today!
GLA
What?....
There is another gear?
Relax. Load up and join us at the back of the bus.
You can share my joint...
SD
I believe he listens to investor feedback: Purely speculation however my money is on us:
1) Getting hold of some **** coins and staking them (I love **** coins, mainly the 100 X ones)
2) Getting more BTC mining capacity (for the bull run)
3) Getting off this sh.ite exchange (Either North America or Asia will do. They understand and value crypto properly)
4) Buy a data centre to reduce costs ( If you've done your research into the data center maximum floor space and deduct arb's allocation you'll work it out that we are not alone! Maybe there is a hidden acquisition there...)
Peters a clever lad and i'm sure he's thinking the same.
The catch is this is crypto . The London suits don't "get" crypto....... Yet. We are on a "London" market. They'll get it soon.
Wait and see what the dual listing RNS will do to the share price. All these "suits" waiting on the side will all FOMO in. Just like they'll FOMO in next week when they see where the bitfinex whale is gonna send us with his buy walls.
Ivan say's it's gonna moon.
When moon, when lambo!
Now, back to my joint.
SD
Nope. Big top up at 4.5p actually.
I'm going to sign off on this discussion now. My point is we do not need to ramp noobs in on this BB. BTC FOMO will do that without our help.
Very happy to engage in proper market analysis evaluating both the up and downside. I don't buy into this "moon this week" or "Ivan says" stuff. BTC/the crypto markets can be brutal. It's easy to forget this in the euphoria of a BTC price rise.
Good luck
SD
I strongly disagree. It's VERY professional for a CEO to engage a small group of investors who hold 15%+ of the companies stock. I'd be very worried if he wasn't interested in engaging the largest stock holder.
I find it admirable that this group openly shares the information from these calls with other shareholders. They don't have to.
GL
SD
I'm hoping there's more to the GPU deal than meets the eye. Hopefully GPU have a largish ethereum miner using the rest of the Mirabel floor space/MW capacity and we've acquired them and their **** coin loot as part of the deal. When Eth flips Btc this might just be deal of the decade. Not that the UK market will understand the implications. No doubt a US listing will have those waiting on the sidelines rushing to get back in.
Tick tock.
Yeah but once 12K goes Duke it's FOMO time...
GL
SD
Thank you for the information.
KR1 need to get themselves on a better exchange preferably not a UK one.
A 20 % spread is an utter joke. I'm used to a spread circa 0.2% spread when trading my alt coins. The liquidity doesn't look great which wont assist price discovery. My (main stream) ISA provider also doesn't sell shares from companies on this exchange which all puts obstacles in the way of an entry to KR1.
Anyone got a contact in the company whose willing to receive some investor feedback? No ones returning my emails or contact enquiries from their website.
GLA
SD