Member Info for SteamyWee

"QBT would not file patents if the tech did not work"

While we have been told that the simulations work, which is good news. No Bitcoins have been mined. I was merely offering my opinion as someone who has worked in microprocessor development all my life. Simulation is one thing, practice is a long road with multiple failures along the way.

Nice one Ta90! I've been topping up as I go. I have an awful lot of faith in this. So many exciting features to this companies investments.

@Ta90
Full year report due any time. Please don't expect much in the way of a reported profit. But there will be a growth in assets. Dynasty diluted last year, with no affect on Blue Stars share percentage. Our 13% went from £895,000 to £4.6 million.

This is just the start.

Lots of talk (for the last 2 months) of breaking 3p for good. I've been in this share for 7 months now and seen 1.2p and 4p. The longer it goes on, the less inspiration it gives me. Another patent lodging may have a great effect of tipping 3p, but patience is wearing thin now. Actual Bitcoin mining has to take place before this share moves properly. If mining does happen and at the speed FG states, then expect £1.00 to £1.50 per share very quickly.

Next event in the meantime is the court case. A win (which is very probable) will give a boost. Still we need to actually start producing the actual goods, mining Bitcoin.

Over time, I've reduced my investment in this share, but with still enough to make a difference if FG does pull it off. Everyone should be aware, that FG is also invested in lots of other companies, not just this one. If this one starts to fail, he'll obviously focus on his other companies.

Having spent the last 38 years in the electronics and microprocessor industry, I can tell you that it's not just as simple as having a great idea and algorithm. It has to work, with a 1 in 10 chance of that happening in reality. Testing is a very expensive business.

Not trying to put a downer on this, just a reality check. At the end of the day, nothing anyone says on here has a real affect on the share price, it's a place to exchange views and banter.

GLA and please, DYOR!

I can see your point if no-one else can John. Every time someone chants, it's going to finish at 3.15p or 5p -8p by Monday morning, the opposite happens.

Hopefully now I've said that, something nice happens ;-)

I've bought another 1M a few several mins ago. Bowlers, hope that helps a bit ;-)

I'm worth £100 And have made £1
I'm worth £10M And have made £-100

Which company would you invest in?

I think Gazzleberry proves the point very well. Sell all your shares (if you have any) first thing tomorrow. This share isn't for you!

Whatever you do. Don't invest you don't deserve the huge profit that is due. In fact, avoid this like the plague. Invest in META instead ;-)

Honestly. Buy before results. You shouldn't regret it. This is in the last 6 months of annual reporting.

Here is why...
"To date, the Company has invested approximately £895,000 in Dynasty and, based on Dynasty's valuation of US$50 million in this latest fundraising round, the Company's holding in Dynasty is valued at approximately US$6.5 million (approximately £4.6 million)."

farhantahir, you're not alone. I've been doing this over the last few weeks and added a few Million shares.

Hopefully the final results due anytime now will reveal how strong our investment is. Maybe not showing a huge profit, if any at all, but a stronger asset ownership.

Many confuse a reported loss as an actual loss when reporting final figures, when in fact a huge gain in assets is much more of an actual profit. We already know that Dynasty is a huge asset profit. Let's see what the rest returns.

Satoshi in coming months will provide much more of that asset profit. Watch this space!

Very excited to see where we are.

Fudge, at this stage and after all the theory of what can be achieved, we need some actual results. I think at this stage, another RNS presenting a patent will give a small boost. If it's announced we're in bed with AMD another boost again.

We now need to see a few BTC mined in record time.

Totally agree fudgerella30. I've been in this share since August last year, ranging from 1.2p to 4p (ish) Talk of 5p to 8p next week really is wishful thinking, unless FG has been mining BTC over the weekend. A fresh RNS stating a new patent might get us above 3p to 4p, but anymore at this stage isn't going to happen.

As much as I'd love to see this hit more than 10p, we need to start actually mining BTC. I fear if we don't then we're going to be sitting way below 3p.

GLA, DYOR!

Stnz. QBT has a very plausible plan to disrupt Bitcoin mining and BLU via it's 27% plus holding in Satoshipay (Pendulum) has a very plausible plan to disrupt the DeFi to Fiat infrastructure.

Both very exiting shares to be involved in. I personally am considerably more heavily invested in BLU as it, for me has multiple avenues of revenue, where QBT is currently based on test and theory.

Both investment offer potential for life changing amounts of returns.

It's a pretty certain bet that come Monday morning this share will open at what it is now, plus or minus a smidgen.
5p - 8p is 100% not going to happen unfortunately (wouldn't that be nice). Oh, unless FG has been mining all weekend, then 5p - 8p will wizz past by about 8.05am

TheAIM, surely other manufacturers of hoovers would have thought of what Dyson has before him? You could apply your theory to any inventor.

Addison, AMD have a hunger to beat Intel, which is good. They are market leaders in both CPU & GPU tech. If it is them, this will be outstanding!

Sash. If the US based manufacturer is AMD, that would be outstanding as they always have the edge on Intel.

Those late printed trades indicate 3 sells and 1 buy (Using the mid price). Above 2.45 is a buy, below 2.45 is a sell. Unless of course they are off book in which case they could all be buys or sells.

I think for us standard investors it's a pitfall of investing. It happens and has happened to me several times. With some good and some bad outcomes.

Those that have encouraged other to invest and this happens to, expect to lose friends. It's inevitable.

Hopefully the valuations of BLU's investments should be tagged on to the final year results due anytime now. All we can do now is guesstimate.