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It is clear that the news will need to be very good to break through this trading range into the option range. I am sure FG knows that.

Addison- no one knows what the news will be, but FG did say the next news will most likely be a partnership. Lets hope conversations are going well.

"what is vlad actually doing ,it's not looking like much."

The statement above tells you all you need to know about the person who made it .

Swerv- you don't hire a Business Dev Director for Jam tomorrow, so your comment is also skewed towards your own agenda. FG has already stated 2.6X, even the other posters who were skeptical have accepted that.

In terms of timing that all depends on the complexity of the deal as you say. It could be this week or it could be in Sept, that is something that only VLAD and FG would know

The question is how long can ARB hang on for before the next raise. Not sure what level BTC needs to be to stop the raises

Yes, let’s hope for a good week. Nothing is certain, but hopefully Vlad is making good progress

PAS- yes that would be the target , but hopefully QBT can establish itself this year and

start generating revenue before the halving. The halving will be the icing on the cake due to their unique

operation

Miker- good post recommend. You expressed it a lot more eloquently than I did .

FG has this habit of springing surprises as demonstrated with the 2.6X , and who knows what else he could pull out the bag. Not to mention that carbon neutral ( can’t remember the exact name) project that none of us knew he was even working on

Notready- agreed, these deals can take a while and are not straight forward. Yes a deal can be negotiated quickly, however we should allow for all the complexities which come with commercial deals of this nature.

The question we should ask, is it worth waiting for? .....HELL YES as may American cousins say. This share price is very attractive given where Qbt are in the cycle as a company. Well done to those to those who are accumulating.

Quant- that’s my take on it too

Plutuq- apologies i meant earlier than end of year not end of July

Plutuq- End of July seems plausible. It all depends on what we deem is a reasonable timeframe. FG needs to test to current difficulty (which was accelerated), select partner/s and negotiate commercial terms. So it's a tricky one. You could be right , however I would expect it to be earlier than that.

Addison- Yes tomorrow sounds good. lol. FG surprised us all with 2.6X faster when no one was expecting it, so who knows .

Only FG knows how the conversations are going , so news can land tomorrow, end of July, etc....anytime

Obelix- i am afraid it is a NO from me as well...:)

Tempted to buy a few more...hmmmm decisions decisions

Mrhanji- It is well know that China and the US are pumping $billions and billions into the global markets just to create liquidity. When that stops it could get very messy for banks

Mrhanji- I have saying it for a while now, there will be another banking crash, due to liquidity issues globally in the banking sector. How bad it will be is yet to be seen. I fully expect Lloyds to drop in late 20’s at least Just my opinion

PAS- interesting post on Elon, i did not realize he has built a crypto trading platform. It looks like he heading into crypto in a big way. Looks like the banking sector will slowly fade away as the new era of crypto comes in. I am not surprised the American Banks are not happy. The level of debt in the banking sector is frightening and I respect what he is doing. he has the funds and power to make this happen. Exciting rimes ahead

According to CoinGecko reports, June 2023, bitcoin cash (BCH) experienced a remarkable surge, reaching a yearly high of $320, marking an impressive increase of nearly 200% from its opening price of $110 at the beginning of the same month.

The market capitalization of bitcoin cash also soared past $6 billion during this period. Moreover, daily trading volume skyrocketed from an average of $52 million to over a billion dollars in the final weeks of June.

So we have July, September and October. So its not long to wait with either of these options come true.

Jambone is right, FG did make a point of saying he will now accelerate testing to current level of difficulty. This will need to be concluded for any deal to take place, although he did seem confident. So the either of the timescales above could be right