Member Info for Suthy

Garwool- I agree with the bought out scenario which is very likely. However £100m is very low , I would hope for at least £500m at a bare minimum. Which would be around 45p ish . The mere suggestion of a JV will catapult this stock

Nice post PAS- shows how rapidly the big institutions are moving into this space .

I truly believe that if live testing is successful, a rig manufacturer or large miner will pounce on Qbt with a takeover bid. JMO

Easily. Look at the market cap of any leader in the crypto world, they are worth billions . So $1bn market cap is around 85p per share Jmo

In the crypto world $1bn is the same price as a junior miner. Qbt own the software and that’s why I feel this market cap is easily achievable

More than half of the experts Finder surveyed expected the price to increase after a so-called "BTC halving event" in April 2024.

A halving event refers to a period every few years when the reward for mining Bitcoin transactions is cut in half. As things stand, those validating Bitcoin transactions currently get 6.25 bitcoins, which could go down to 3.125.

Analysts believe April halving will launch the biggest ever movement in BTC and the cryptocurrency market

If that's the case what are you doing on here.

Thats the question that never gets answered.

Well it’s $70k now….

Brew is entitled to his opinion. I will be buying more this week. Thankfully Brew is here daily to let you know his opinion in case you forget. I also think a deal is very close too. It’s just my opinion

ARK Invest's Cathie Wood Predicts $1M+ Bitcoin Price. While many have made claims on where they see Bitcoin going in the future, very few are as notable as the predictions made by Ark Invest CEO Cathie Wood. Her base case for 2030 is a Bitcoin price of $600,000, almost 10 times that of the current price.

Thanks Jambone - I don’t recall saying that from a personal perspective. However , I do believe that with the ETF activity BTC will exceed $100k this year . That’s just my opinion

The trolls are really up against it now, indications are BTC is going to fly. Come on guys you are really going to have to up your game. Brew, Aimhigher etc.....come on you can do it.

The April 2024 Bitcoin halving may be the most impactful we’ve seen. Why?

The last Bitcoin halving, 2020, Bitcoin was at ~$9,000. So the supply reduction in $ terms was ~$9M a day, and ~$3B a year.

This halving with Bitcoin ~$70,000, it will be >3x greater in $ terms: ~$32M a day and ~$11B a year.

A much larger reduction of natural selling, at the same time as we are seeing rising demand

"Bitcoin has exploded over the last year, sending the bitcoin price to over $70,000 as top Wall Street executives sound an "urgent" alarm over a U.S. dollar time bomb."

The bitcoin price has rocketed past its previous all-time high of $69,000 per bitcoin —pushing up the ethereum price, while XRP has added 50% since its May 2023 lows—with its rally being largely put down to the debut of a fleet of Wall Street spot bitcoin exchange-traded funds (ETFs) in January (triggering a huge $75 trillion bitcoin price prediction).

Now, as Elon Musk teases an X upgrade that some bitcoin and crypto traders think could transform the market, analysts have predicted a Hong Kong spot bitcoin ETF in China could mean another "huge" bitcoin price earthquake is just around the corner.

MORE FROM FORBES

BlackRock And Fidelity ETF Bombshell Triggers A Massive $75 Trillion Bitcoin Price Prediction

By Billy Bambrough

There is a green bar straight on it....looks like i hit a raw nerve

Jambone- Live testing success would trigger an immediate re-rate. Given that no one else can do this currently in a £1.2 trillion market cap , Qbt could explode

Jambone- yes same ole same ole from the usual suspects

I am going to switch to the other forum there is a good discussion going on. Catch you guys soon

Pete - i agree this board is a joke . But it does pass the time while we wait . I have been in shares where there is literally no one posting at all. There are other forums where Qbt is discussed properly, this is just a pass time on this board