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I love this bit in their research note out today...."In expectation of further heavy news flow, Alien's share price might continue to anticipate potential for further high-impact results."
Oil_Beast..................I think the price is released at midnight OB.
Yeah not a good day for them today.
However I just topped up here with 561274@1.10p on the drop.
No I have already stated that I am 100% invested in here but that does not mean I am not seeing what is going on around me. My guess is you are old money with a blinkered view and putting all crypto in the same basket as "Tosh". All I'm saying is open your mind and look. If you're an investor surely you would do that, but I'm not asking for agreement from anybody.
But talking of crashing, perhaps you could explain to me why JPMorgan sold a years worth of production Gold and Silver on Friday...talk about Manipulation.
PaulQ............what a ridiculous statement. You really have got your head in the sand.
Bitcoin will moderate up and down but will not crash. Those days are over my friend, too much institutional money going in now.
Why do you think China,Russia and even the EU are all working on their own State owned Crypto currencies. They see Bitcoin and other cryptos as a threat, not something that is going to crash and burn.
I would suggest people start to wake up to what is happening around them because it's happening very quick.
Look at the Tesla story and remember what was said...".no that will never work", but it did and it happened so quick when it went. Same is happening with Crypto tech only faster.
LOL.....
Some great discussion throughout the day..
People will always be wary of change look what happened when Bank Cards were first issued. The distrust was incredible particularly in the older generations,it's natural to question these things. But times they are a changing and in 5 years time it will be normal daily life to use Blockchain powered systems like Crypto and Gold may even be secured by them then too if not already.
Islandgirl................many thanks.
I'm still 100% in here and not yet dipped into Crypto although I do have a trading account on a crypto exchange.
For me I feel that UFO could x3 this year just as much as Bitcoin could x3 and I would rather be in the devil I know than risk it elsewhere.
It's all about gut feel for me but interesting to see the future unfold in crypto and I shall continue to keep a watchful eye....GLA.
Mining.com have a story covering the Gold price reduction today.....https://www.mining.com/gold-price-tumbles-on-soaring-us-treasury-yields/
To check any inconsistencies go to London Stock Exchange web site, equities, and put in UFO.
You will have full info come up and you can also download today's full listed trades.
I posted this yesterday at 16.49......"Someone wanted this back to the 1.10/1.15 range.
look at the amounts bought and sold, they balance and yet the stock price has been walked down 8%.......pretty neat don't you think!"
Once again today they have manipulated it back to the same trading range, question is why?
Have as best a weekend as you can all and maybe next week will be better...cheers.
That's because the price keeps going down and they can't give you an on the spot figure. Someone is and has been for a week, continually off loading millions.
Bitcoin....Crypto's....say what you like it's affecting Gold and Silver.
1 Bitcoin now at over $40,000 buys you a Tesla Model A and at $42000 will buy a Model Y with the new discounts from Elon today.
Here's a good read for those cold winter nights..."Aftermath" by James Rickards best selling author of "Currency Wars".
Ok, back to discussing Alien.....
Maybe but I didn't say gold was being sold, it's not.
What is happening is FOMO in Bitcoin by the Institutional investors. They now see it becoming far more reliable as a hedge against the dollar crashing but there are only around 3 million of the original 21 million Bitcoins available. Supply and demand is now fuelling the price. The $ will crash at some point, it was only a matter of time after Nixon took it off the Gold standard in 1971. You can't keep printing money without it being backed up by an asset like gold, you just end up with hyper inflation like Germany before the war.
American institutions have nowhere to run now, bank rate may go negative, Bonds are stuffed, stock market is being pumped by the banks because they can't earn anywhere else.....sooner or later it's going to go pop unless you assets are out of the traditional market and in something like Crypto which cannot be regulated, it's too big and now extends all over the planet.
Of course there are always alternatives like Gold and Silver or its Miners which is why Warren Buffet ditched the banks and bought Barrick Gold.
RE: What's up with the gold and silver ......................Bitcoin!
MM's are not shafting us at the moment, they are on 6%, a buyer from before the placing is now shafting us.
Someone wanted this back to the 1.10/1.15 range.
look at the amounts bought and sold, they balance and yet the stock price has been walked down 8%.......pretty neat don't you think!
# Trades 285
Vol. Sold 11,739,820
Sold Value £135.01k
Vol. Bought 11,678,851
Bought Value £134.31k
Yep, looks like someone got taken out for £95k there.