Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Yeah, it was a good move by DR, as it was obvious a lot of things KRS side had stalled while attention was being given to Calidus. Having a dedicated person focusing on our licenses is a very positive move. I'm expecting a steady flow of news this year.
Haha don't let it bug you Steve888. See it as a complement. He wants to buy in. You don't go posting on boards if you don't have a motive. Judging by how different the price movement here has been for the last few months compared to years gone by, i don't think he'll get his entry. Way too much news flow.
Yeah, i have no answer to that. The volume was insane yesterday with some really big buys. Perhaps a percentage of the placing shares were made available to us at a fixed price instead of the MM's forward selling? A few of those big buys yesterday were Evil's buys. He's super bullish, especially for the recently announced court case against Justin Cooke which we should have received a payout for when he sold his company in 2012. That court case has a lot of merit and Justin could settle at any time if he wants to save face. I really don't see much downside. There's just so much news to look forward to. I think the recently announced court case is very interesting. Justin Cooke won't want his reputation tarnished. I imagine if he has some liquidity, he'll settle fairly swiftly.
Forward selling by the looks of it.
Angel are a very good broker/nomad. This is good news.
Ah, my bad, you're right. Didn't see the date. Yep, these are the delayed sells we were talking about earlier!
Has anyone seen those delayed buys that have just come in?
I can't see it dropping that far to be honest. I, like many other people, will snap anything up close to 1.05�0.95. I've already topped up this morning, and will top continue to do so. The volume today has been incredibly encouraging. Very minimal downside.
Yeah, but judging by the sheer amount upward pressure we saw today, it'll be shooting northwards in no time. I'm quite surprised by the volume today. Very very positive placement. Definitely forward selling of shares. Definitely looking forward to a positive future!
Yeah I tend to agree easychair.
I've added at 0.32. That was my target buy price for a while incase there was a dip. Still a bit surprised by the dip. A lot of buys are coming through. The SP has been static for a while, so this price activity suggests news is coming.
Ha, Evil must be averaging down, after recently buying a ton at 1.29. Wonder where the SP will settle down. The placing shares don't get issues until late next week. It's a good start, but i imagine we'll have some downward pressure for a week or so.
Do we have a clue why this has dropped so suddenly?
To be expected. I called it earlier this week!
Not trolling. Just cautious. You make a good point. Don't different coins use different algorithms though? Aren't different miners specialised in crunching different equations. I know bitcoin and litecoin required different miners for peak efficiency as the algorithm was different. Would be interesting if the miners we've bought are capable of efficiently handling multiple algorithms incase we did change coin in future. I'll have to do some digging.
I'm not sure i'm attacking anything. I'm just very unsure what the end game is regarding it. If bitcoin is harder to mine the fewer coins there are, that also means it's more expensive to min. More power required for fewer gains. It does defy logic? The tx fee is an interesting theory, but aren't the fees already insane? Or at least they were at peak bitcoin fever last year. I think long term, blockchain is the real revolution waiting to happen. The number of researchers doing papers on blockchain will obviously lead to ground breaking discoveries in the future, but i imagine future blockchain will look very different to current blockchain. Who even knows if bitcoin will still be around by then. I am also invested here, but this board is here to discuss opinions, is it not? Why can't we debate the merits of bitcoin? I'm sure my posts aren't going to derail our investments. After all, you wouldn't be invested if you didn't believe in this company, would you? I was here before bitcoin. I've always been on the fence regarding it. Still am. But you've got to be in it to win it, so...
I don't think i have. CLP is invested in bitcoin mining. You do realise bitcoin is powered by blockchain technology? I spoke about both in equal measure in my previous post. What do you think a bitcoin miner is? A miner is a machine that processes transactions i.e. an entry on a blockchain: whether that's a monetary transaction, or a data entry. They are incentivised for processing transactions by being rewarded bitcoin in return. As far as bitcoin is concerned, tell me, what happens when all the coins are mined? Where is the incentive to process further transactions? Blockchain as a technology does a very good job at solving double spending, a problem that's very hard to solve. The problem is, in its current form, it's grossly inefficient. It requires a lot of power, and a lot of data. Any node requires *all* the data of every transaction before it. This is the case for anything using blockchain currently. Bitcoin, litecoin, dogecoin, whatevercoin. How are they 2 different things? Bitcoin literally is powered by blockchain. Feel free to correct me, i'm intrigued to see how much people on here actually know about bitcoin and blockchain.
* Use more energy than an entire country (Ireland). ^^ we reached this milestone recently. Which is absurd. Because of that I think it's grossly inefficient. I do like how millennials and the tech industry have treated bitcoin as digital gold. I think it holds merit as a store of value that can't be manipulated, but I think blockchain as a technology in its current form is flawed. Imagine needing the ENTIRE blockchain to be able to do anything. Any transaction made on the blockchain needs all other previous transactions before it before it can work. That's gigabytes and gigabytes of data. It seems insane. What happens when all the coins have been mined? What's the incentive to process new transactions on the blockchain? Does the whole thing grind to a halt? You've gotta be in it to win it, which is why i'm not too concerned about our venture, but the jury is still out on blockchain. At least as far as i'm concerned (i work in tech).
He's a well renowned shorter. His record going long, however, leaves a lot to be desired. Historically, his long calls haven't been great, and he knows it, but he does have a fondness to CLP and has persevered with his call for a while. Hence the pigheadedness title of the article.
Well we said that in March when there was a placement in January and look what happened! Court cases are expensive, as is setting up a bitcoin mining farm. It wouldn't surprise me if we raised again with the SP up 70% from a few weeks ago.