Member Info for Suthy

Yes i agree Ripo , this makes Qbt more attractive in a way aswell. However, if BTC drops to a very low level this is not going to help as miners will go bust and if we start mining our revenue will be greatly reduced. It does also appear that we are also being tracked against BTC. The last RNS was positive but lacked substance , hopefully FG will deliver soon. I will be pleasantly surpised if we can hit 5p in August 22 now when the first option period finshes for the consultant i beleive.

BTC holding at $22.5k , i cant believe how quickly it dropped to this value. I would prefer the mining news came out when BTC was higher

Hope it does not slip further, really would like to see a reversal.

Qbt doing very well today considering the carnage with BTC,

https://www.cnbc.com/2022/06/13/binance-pauses-bitcoin-withdrawals-as-crypto-sell-off-deepens.html

Just been reported that Binance one of the largest crypto exchanges has halted withdrawals of Bitcoin. Not sure what is happening at the moment, it’s pretty grim out there. We need to hodl.

Absolutely Lash , you can't make real money by playing it safe. As fiddy cent says "get rich or die trying"

Arb has taken a big hit today, nearly 18% down

By saying the "writing is on the wall" does send out a mixed message. If you feel that way why keep the other half in

Jeez....BTC is now $23.9k !......I will need to buy some reinforced undies lol

22- The drop in share price is nothing to do with Qbt and all to do with the price of BTC and inflation etccc...
It is a short term issue and Qbt remains a cracking little investment

22- I beleive his intention was always to buy:).

Oh sorry 22 , my apologies

Not at all, I am fully invested here, but just being realistic about the situation at the moment. Qbt will do very well, but the short term could be choppy.

Bitcoin is still very much relevant to Qbt and it is important that it stabilises. I am reading that this has been caused by high inflation in the US and a run on one of the largest crytpo funds in which they paused withdrwals of BTC. Analysts are speculating further downside which is a bit worrying. The short term is definitely going to be choppy but should stabilise in the medium term. Of course any news from Qbt will help

BTC is certainly taking a bashing. So far holding up reasonably well.

Exactly Bobat- another great top up coming up. Will wait for the dust to settle

Most analysts predicted a pullback then a strong reversal.

That’s correct Sash, this time the bull run will be stronger it always happens.

BTC mining is still needed for blockchain transactions so that is not going away, therefore I agree Addision Qbt are probably in the best part of this sector if they can mine cheaper and more quickly.