BTCS Inc (BTCS)

[investor2004]

Recently got into this. I really do not get the reference to dilution since its not common but preferred and the MC is a low 1.5M with low outstanding.(most public companies have preferred anyway in their structure) And I honestly am surprised it is going down so much since someone just basically invested 1m in this company! Could be people taking profits, not sure, but I think it is strange going down.

Anyway, IMHO, this is good news since they were financially unstable and this sort of shored that up so they continue to build the infrastructure(servers-facility) and most importantly as the blockchain system grows there will at some point be great demand for companies that are already researched, set up, and running.(ever see a supply and demand curve breakpoint in Micro-econ?) Kinda like everyone buying flashlights the night the electricity goes out!LOL Anyway, I think this is positive because it would not take but a few good sized contracts with some big players or an outright purchase to make this a big winner. And I think Bitcoin may be the canary in the mine here also. I think, IMHO, that is why the creditors chose preferred instead of bonds. Could be wrong on all this, but just my thinking. This is a pre "blockchain storm" company that is ahead of the curve and will have their flashlights ready. Just have to survive to get there and when they do we will all win hopefully. GLTA and God bless.