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Last time when BTC rose to $20k, BITCF ran to $2 per share so imagine if BTC runs to $30k which it seems headed towards. Keep in mind it only took BTC 18 days to run from $10k to $20k last time so $30k could arrive very quickly if this new run up continues. BITCF's financial condition has improved since then and achieved audits for 2016 and 2017 with 2018 audit around the corner, meaning up-listing could follow soon thereafter.
BITCF new JV and updates shareholders:
https://www.benzinga.com/content/12714705/first-bitcoin-capital-llc-enters-into-joint-venture-with-digimax-global-solutions-f
Like when it was $.20 after the suspension and you claimed it could only go down from there but slowly but surely went up to $2 on substantial volume. Your track record only works when you cherry pick.
Crypto is the way of the future and BITCF is a first to market public company brand name that will benefit from the next hot waves up.
This stock went from .20 to $2.00 per share in the grey market and it can do it again.
Now that they have their PCAOB audits and can move up from the Grey Market, hopefully things will turn around for those that got in above the current level.
Nice, but incomplete and only shows negative side of BITCF. Doesn't mention $TESLA, $BIT, $PRES, $GARY, $ALT, $ABC etc etc or that BITCF has generated more than 100 unique cyrptocurrencies and is the first publicly traded stock in the world to also be traded as cryptoshares in the cryptocurrency markets.
They hired a big securities law firm in Canada but more importantly a PCAOB auditor. Now that they have audited financials the lawyers can file those audits with Canadian regulators which is the next step to listing on an exchange which should also make it easy to move out of the US "Other OTC" markets, more commonly known as the "Grey Market." The suspension was on August 24 2017 and lasted only for 10 days which ended nearly one year ago.
NYSE owner announces Bitcoin venture ‘Bakkt’ with Starbucks, Microsoft
Intercontinental Exchange, which owns NYSE, said it’s creating a new company called Bakkt that aims to ‘create an open and regulated, global ecosystem for cryptocurrency
https://www.livemint.com/Money/XVihGhu0PX5Scl1qADOdbJ/NYSE-owner-announces-Bitcoin-venture-Bakkt-with-Starbucks.html
If audits from PCAOB auditor matters, BITCF finally got their audits done: http://firstbitcoin.io/investors/2016-2017-audited/
This opens the door for listing their shares on various stock exchanges which they have told us they are in the process of accomplishing.
BITCF redesigned their web site and moved it to firstbitcoin.io with a better looking face.
The only ones that will not be excited to see it get listed on 3 markets are those needing to cover their shorts.
Where did they say those 3 markets would include OTC Grey? The steps they are taking all seem designed to get out of the grey market.
$BITCF one of the companies featured in this research report:
https://www.businesswire.com/news/home/20180629005676/en/Biometrics-Banking-2018-Market-Technology-Analysis-Adoption
Ah this is very good news: https://finance.yahoo.com/news/sec-announces-ether-not-security-162658147.html
Is there some news or article today mentioning BITCF?
$BITCF's Alphabit (COIN:ABC) seeing some nice action today.
https://etherscan.io/token/0x036407F23D5E1C1486F7488332CF54bf06E5F09F
$CANN is obviously not a scam. To get from Grey post suspension to OTCQB then to OTCQX says it all. BITCF is also not a scam which is seen in market cap holding up for 9 months and not ending up as a scam would have after suspension. Moving out of the Greys normally takes more than 9 months.
This could be a very big deal for BITCF especially if they do an ICO based on it and can place video streaming on a blockchain as their news release claims.
First Bitcoin Capital Corp Enters Into Partnership Involving One of the Most Recognizable and Legendary eSports Brands: Updates Shareholders. IT IS NOW OFFICIAL @PHIZZURP IS BACK ! https://t.co/3VFwWK477q
— NATASHA PHIZZURP MOM (@PHiZZURP_MOM) June 8, 2018
That "article" doesn't take into account the $BITCF "exception to every rule" or that $CANN made it from post suspended GREY to OTCQX -so the conclusion is wrong.
Acquisition of interest in BlockCrunch looks like the right move for BITCF just watch this youtube interview to see for yourself:
Tether is based on Bitcoin like many of the coins generated by BITCF. It is usually the second most actively traded crypo next to Bitcoin. Hundreds of exchanges added it and many allow trading against BTC and other crypos.
Not so, it was for "concerns" and it wasn't management that caused the SEC to over react to the meteoric rise in BITCF's stock price or the SEC's need to dampen the excessive appetite for cryptocurrency stocks.
You are confusing current management with past management. The former prime minister of Tajikistan is no longer part of management. And the other connections to past lawyer and transfer agent are no longer an issue as those were replaced some time ago. There was also a false connection made to someone because of a similar symbol (BCIT vs BITC) but not related to this company.
Meaning that the short data published by FINRA is inaccurate which I stronger suspected since it only shows around 40k short on their last two or three bimonthly reports. Since your clearing house obviously wasn't reporting your 75k short to FINRA there could be many millions more short.
The whole sector is down substantially over this period of time but could rebound nicely in the future. I doubt your small short position covering would have much affect. Now if there is a much larger one lurking and hiding that is ever forced to cover that could have a big impact.
They only halt on their own exchange (usually for an hour or day or two) not "suspend" and they can trade OTC while listed on the exchange they are listed on or when de-listed they usually start immediately trading OTC on Pinks.
Good news for BITCF and Cryptos in general. Canada seems to love freedom more than USA with being first to legalize weed and far more crypto friendly https://news.bitcoin.com/toronto-stock-exchange-operator-launches-crypto-brokerage/
Pick any one of KPMG's clients that you predict will outperform BITCF in the coming 12 months and let's see which was a better bet. Or show me one that has outperformed BITCF over a past two years in comparison of pps performance.
Jan 22, 2018 - "As alleged, these accountants engaged in shocking misconduct – literally stealing the exam – in an effort to interfere with the PCAOB's ability to detect audit deficiencies at KPMG," said Steven Peikin, Co-Director of the SEC's Enforcement Division.
None of that makes their PCAOB auditor shady. If it did, all PCAOB auditors would be shady.
Now you are making up that they were suspended twice. If you are not making it up, show us the evidence of two suspensions. There seems no end to your fabrications. Trump helping BITCF's Petroleum (COIN:OIL) by: https://www.cnbc.com/2018/03/19/trump-issues-action-blocking-us-citizens-from-trading-or-financing-venezuela-cryptocurrency.html
Kevin O'leary of Shark Tank says IOC asset based coins will eventually replace small cap stocks: https://www.cnbc.com/video/2018/03/19/ico-asset-based-coins-will-eventually-replace-small-cap-stocks-says-kevin-oleary.html
Please quote where the press release "confirm that mgmt has been accused of fraud." Why make stuff up? While they confirmed (they did in a previous release too) their shares had been suspended that does not confirm fraud especially when the suspension was only over "concerns." The stock suspension was one of the only things the Motley Fool article had right. Audited by a PCAOB auditor (even one you don't approve of) should overcome those concerns.
I'm glad you corrected your math from 83% to 87% and that you admitted your math was originally inaccurate. With 15,000,000 TESLA set aside for shareholders' dividend, that dividend is worth more than it was back when it was originally announced and worth more than when it was set to be paid.
Likely it will move to a new all time high again when BTC moves above its record highs.
This looks like bad news for those short BITCF: https://www.barrons.com/articles/the-cryptocurrency-bear-market-might-be-over-1521559998
Where's the math on falling 83%? You were fooled, once, twice, trice? I see a lot of attempts to fool longs into selling on one sided opinions presented as if actual facts.
More important fact is that last time it dropped to .20 it blasted back up to $2 on very nice volume and nothing to stop that from happening again or from .36 to $3.60 if .36 is the new bottom. Friday may have been last chance for shorts to cover on the cheap.
Why so you can finally cover your short that you so honestly disclosed?