Member Info for Suthy

Gosh! All the trolls out today in force . You guys really need to trade . I get it,

Jambone - absolutely 👍. The short term plan is to use the product with miners to generate revenue. These are FG ‘s words .

I believe Qbt will be bought out before the long term vision of Quantum comes in

Mining will start to get more and more competitive, especially after the next halving in a few months. Qbt are definitely in the right area.

If they can start using their product with miners could be pretty special

Jamrock- The last bitcoin is forecast to be mined in the year 2140..

The blockchain transactions are mined and depending on the level of difficulty the rewards are proportional and usually given out in BTC. That leads nicely onto Qbt….The first to mine and validate the transaction wins the reward.

Crypto is. Underpinned by blockchain which is the most secure payment mechanism there is . That’s why banks don’t like crypto , but they are waking up now and trying to be part of the future,

Phimx- did you also look at Blackrock the largest asset management firm in the world , worth trillions, applying to the SEC to set up a BTC ETF. By the way there are plenty of others . Nice try

Or do you think they have strategically timed this perfectly to give the BTC miner winners after the halving extra productivity efficiencies to add to their increased mining transaction fees income, offsetting their lower block rewards?

👍

Ok guys , have a Great Christmas. I will catch up on the 27th December and resume battle with the trolls . Have a good one .

Come on guys , you are looking silly now

Crypto is about to explode and there is not a lot anyone can do now. The best advice is to buy now before it’s too late .

Regarding price forecasts, a range of predictions have been put forth. On the conservative end, Bitcoin’s price is expected to hover between $42,000 and $100,000 upon ETF approval. However, a more bullish perspective suggests a potential surge to $160,000 or even $1,000,000, fueled by institutional influx and supply factors.

For instance, Adam Back, the CEO of Blockstream, forecasted a significant increase in Bitcoin’s value, suggesting it could reach $100,000. He believes this surge is possible even before the introduction of an ETF and the upcoming Bitcoin halving event. Back emphasized the substantial impact an ETF could have on Bitcoin’s value, highlighting its potential influence on its market dynamics.

BlackRock plans to seed its spot Bitcoin ETF with $10 million; could launch shortly after approval

CRYPTOS | 12/23/2023 01:44:16 GMT

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BlackRock, according to a new prospectus, seems to be seeding the spot Bitcoin ETF with $10 million.

The expected seeding set for January 3 is 100 times larger than the October seeding of $100,000.

Argentina Approves Bitcoin (BTC) as “Official” Currency

Argentina’s new government has “ratified and confirmed” that contracts denominate in Bitcoin can be officially recognized by the country’s courts.

January could be a huge month. A raft of ETF approvals will see BTC soar .

Dec 22 (Reuters) - U.S. SEC officials met on Thursday with representatives of at least seven companies hoping to launch exchange-traded funds (ETFs) tied to spot bitcoin early in 2024, and told at least two to submit final changes by the end of next week, according to public memos and two people familiar with the discussions.

Among those holding discussions with the Securities and Exchange Commission were representatives from BlackRock (BLK.N) and Grayscale Investments, as well as ARK Investments and 21 Shares.

The SEC is due to decide whether to approve or reject the joint proposal from ARK and 21 Shares by Jan. 10. Most issuers expect the SEC will likely give the green light to several applications at the same time

The rate of adoption, regulatory developments, and technological advancements in blockchain also significantly impact Bitcoin's value. Expert predictions vary widely, with figures like Cathie Wood predicting values up to $1.48 million USD ($1.96 million CAD) by 2030

Jamrock- yes you are right Argo is on the move. Our time will come, there is always a lag here before the turbo kicks in 😂. There is quite a lot of news to come on all fronts.

Come on you trollies …. You can do better 👍

FG has already delivered . About to sign a deal. Method C coming, €10m from court case FG does not lie, stop being silly.

Together with ETF approvals in 10th Jan 24. £2.5m options to exercise,

20p + next year . 👍

Come on guys , let’s have a few hours off. That’s applies to trolls and investors. I am actually enjoying it in a weird way as it passes the time really quickly .

EFT APPROVAL Jan 10th . Qbt 20p + next year.