Member Info for Suthy

Have to agree he has been uber positive for the last few weeks/months, so quite surprised at this turnaround.

The FED's decision on interest rates today will be key. They are expecting a .75% increase which will impact BTC. The strguggle to contain inflation is the problem for most countries right now.

BTC. Taken a bad drop to $20.8k.

yes it will. It is just going to be a little turbulent over the short term.

22- yes I see the temptation to sell, especially now, but we need to HODL as this will come good. But I understand things are quite unstable at the moment

22-agreed Qbt held well today , its good to see

It would be nice thing for shareholders to see given the current climate

Not sure they will issue an RNS for an event that is expected to happen. However, may do as a morale booster

Apologies I meant Willwontl not Willow

That is easier said than done Willow. life is not that
simple. Each person needs to do whatever makes them
feel comfortable.

22- this is a lovely little company, we will be fine.
It is just the short term which is unsure at the
moment

Just checked BTC price it is now $21.8k gulp!

I agree all indicators are pointing towards another big drop before the sunshine. Reinforce those undies, it is going to be squaeky bum time.

Drutor- lol! Don't worry mate it will be a diamond ring. There are a lot of us invested quite heavily here. The MM's will do all they can to rip your shares from you HODL.

Addison-well done for having the courage to buy back. However, you are not alone there are lot of people concerned over the current environment. It will be pull through, but not straight away. I expect BTC to dip once more (as the technical bods seemed to have called it right) and start the move upwards hopefully. At the moment i feel BTC will hit around $20k i think before we see the light again. But what do I know

I think there is a lot of hesitancy amonst investors at the moment. The bearish sentiment over the short term price of BTC is the key reason. The technicals so i am told suggest a mini movement upwards possibly followed by a strong pull back which apparently is the last one. This they beleive will be around thr $17k-$20k mark. It would be very worrying to see it drop lower than that

22- i think they used the term "experimental mining" and i beleive they were going to do proper mining after the current testing period of around two months. However, I could be wrong.

Addison- i don't think we will see 1.5p, however we are in a very challenging macro environment. Inflation needs to be kept under control which it currently isn't.

We have to accept it is a bearish market right now. I have been following some good technical traders which seem to beleive the low for BTC before the uptrend reversal will be somewhere between $17K and $$20k, but cannot rule out going lower.
The current price is already unsustainable for miners and you see from the share price of ARB.

Can see us slipping a bit further if BTC drops anymore. The Binance exchange news was not postitive as it appears a lot of investors are wating to withdraw BTC due to market fears. As i mentioned recently this is going to be a choppy short term before the tide turns. Any more bad inflation news coupled with higher interest rates will not be great for BTC.