Member Info for Suthy

I can’t believe this date of 16th June has passed and no mention of the repurchase. FG could have used this as an opportunity to lift our spirits. I really hope the transaction went through

That’s wishful thinking , the RNS clearly states real mining after 2 months worth of testing and the RNS was dated May 23. I am sure we are close, but do not believe we have started mining yet, just my take on it

I don’t know if I am correct , it’s just my interpretation
of the RNS.

You could be right and it would have been nice if FG clarified
some of these terms

I don't agree with that Addison, i think experimental mining is not real mining. That starts after the testing phase.
Rockford- simulation mining is not real mining either. Both are valuable in terms of information gathering but that is about it. The real mining starts after the testing period of around two months (i think the RNS states), so unless i am mistaken i beleive mining starts in mid to late July at a guess. Happy to be proved wrong

It is quite interesting DS. The term that i am slightly unsure of is "experimental mining" is real mining or not?

$14k !....who i assumed a low of $17k ish

Thanks DS- appreciated

Looks like QBT is holding up well considering

That is not the actual spread. it is 1.8-1.9.

It is just an early morning adjustment

Yes BTC is really struggling to gain any momentum. I hope it does not drop down again

Hopefully one day we will get patent Wednesday right:)

Colin- hope you get better soon.

Colin- Yes its happened to me aswell. Lessons learned

I think the next update by Qbt will be a good one as the last one did make it clear after current testing they will start proper mining and that in itself is big news.
As for the comparisons with ARB , Qbt is not mining in the same way and it will be alot more effiicient and environmentally friendly. Please review the last RNS the words "step change" were used. Qbt if successful will hit at least 50p this year , however in my opinion it will need a much higher BTC price. When you mine BTC the rewards are in BTC so i do feel a higher BTC pricce is needed, which most analysts now feel is coming.

notready- lol. Good find

22- I wish, just using it as a guide.

I have been following the Elliot wave tech signals from a guy on YouTube who has almost called every move correctly. His view is that BTC will go to $16.8/$17k
low then he says the reversal trend will start, That’s my call on this right now.

Layla- there is only one way to end crypto volatility
and that is regulation, which governments are still
grappling with. The crypto market is proving tough
to regulate, but it will happen at some point.

sebo- that is correct. Anyone who understands what Qbt are doing will realise that this actually is what makes Qbt more. valuable.

If you look back at my posts, I did say the analysts were saying $17k -$20k. The bottom according to them is very close now