Member Info for Suthy

I agree news is needed but without a decent
BTC price the impact will not be as much .
However, you could also be right, if we announce
ourselves as the fastest miner then it will
shoot up anyway.

Well it must be a coincidence then. When BTC was
in the mid $40k we were in the 3’s. We are by the
looks of it going to be a Bitcoin miner so I am not
sure that I agree that the price of BTC has no link to
us

BTC just broken $32k….this is a very good sign
Let’s see if it catches momentum

FG said he will keep us more informed now, so
hopefully next update will be a good one. We
need confirmation of patent filing and mining
status. To break this horrible 3p barrier for good it needs
to be a proper update. I like FG he is a shrewd operator

Yes BTC looking good

Depends on the quality of the RNS , a really positive one hitting all the right notes, we could see the back of single digits

The real fun bit is the speculation leading it up to as the market gets wind of something brewing.....you will be the share price start to go wild

We are a little bit away from a takeover but its a nice discussion

The takeover company will valued the company and the share price will reflect their assessment which is generally quite a bit more than the current share price. With a FTSE 100 company you would be looking at 30-100 % premium. However, with Qbt IMO you would be looking at many multiples of the current share price as it has a very low market cap. The Board would need to accept it and vote for it.

Agreed Lash- if Qbt do whats on the tin, then we are a sitting duck for a take over.
At these prices , even 5p is dirt cheap for a takeover. Prefer a takeover if/when Qbt can get into double figures at least.

However I agree lots of volatility in this game.
May add some more we will see if funds allow

Lots of doom and gloom lol. Hmmmm
Most people now have taken their positions now and
will take their chances. I don’t think you will
budge the hard liners here.

Very good to see articles coming through about QBT. This is just the beginning

Thanks Garwood... I noted in this phrase they used the word "real".

miker- yes i read that but i was not sure how to interpret "live experimental mining." is that live mining ? However, you could be right it may be that we are mining right now. One thing is for sure we are very close to actual mining as FG has stated it.

Not sure if we are live testing yet, but I think it will be quite soon. The last RNS
indicates that they are quite close.

FG may wait until the patent is filed before doing the interview so he can speak more freely

The tecnhical analysis that i am watching (Elliot Wave) seems to indicate that the bear trend is not gone yet and BTC may still come under further pressure in the short term. However, the next bull run is deemed to be a strong one and some of the good analysts are predicting BTC to have the strongest bull run so far. They may not be right but there does seem to be some sort of concencus on this.

DSFLAT- that is an interesting read and shows the commitment towards the crypto market that JPM are making, It is a clever move as regulation enters the market the growth of that fund will be exponential

Although if Qbt are to start mining shortly, I don’t think FG will be concerned about buying at 3p when he can see the bigger picture.

Apologies for the absence all, my day job got in the way. Right where are we? Oh yes , just relax FG has already put it in the RNS we are about to become a miner shortly. That its from me for a couple of hours ...back to my meetings,