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Shows how thin this is
Not ideal, but I'm also riding free and clear shares here after selling some the past 6 months to capture gains.
The potential here, is ridiculous!! Low float, no dilution, bitcoin about to melt faces...
If we are operational, especially if they show we've been mining since February (think of how many coins were scooped up with the lowered difficulty from the china ban!!), this thing flies to $1, takes a breather and ends up $5+ for a day or two while BTC is at ATH's around $300K
Mark it dude
Great SS and great investor base, amazing potential.
I think we send paper too! Locked float, confirmation of mining sends us there alone
They move too slow. I love this stock, but they are blowing it.
1) Take out cheap fiat debt to buy bitcoin for the balance sheet. If they did this last year, they're up 10X on their balance sheet, and it doesn't matter it has taken this long to get operational.
It's not like they have protected shareholder value by doing everything themselves, the silence and lack of validity has made this trade like the stinky pinky it is.
Debt may affect short term price due to dilution, but if you're expanding hash power and/or strengthening your balance sheet, it will pay off way more than taking years to start mining
LFG $BFCH
Yeah, it doesn't need much here. Validation of operational miners at a time when the hash rate and difficulty is super low...
That update alone takes us back to ATH
Yeah their competitors are doing a lot better in the self driving tests....
Oh yeah, everyone else is still years away from self driving tech, let alone honing it in. So at least her target has something behind it other than shitty rationale
Longs have control now
I too am in sub .02, holding 1.85M shares, ~1% float alone
And we know where the endzone is, and we are nowhere near it!
Gonna be an epic year here!
Seriously has to be locked, and thus the epic price appreciation lately. Only 196M shares in the float!
Months ago, this was sub .01!
I have just under 2M locked away until at least the end of the year.
I'm sure many more have the same long term vision as me.
We're talking naturally multi-dollar runner, and will squeeze during the parabolic phase of the cycle to $10+
Just might be hard to decrease my position at that point without fucking things up!
LFG
So sexy, float's gotta be locked!
LETS GOOOOO! Patience has paid my friends!
Still have a great year ahead!
I love bitcoin
And I love all of you
Don't be ashamed to take profits if it is a life changing amount. If not, hold steady for another 6 months and you will be highly rewarded!
Interesting opinion. I think whoever switches to a bitcoin standard will ultimately take over their market.
Tesla has already started this, AND has first mover advantage. They will not be stopped now. Awesome that you realized gains, maybe wait for a slightly lower re-entry if one exists.
Apple, Amazon, Tesla, relics?.... hahaha
Especially if all those companies put bitcoin on their balance sheets its game over for competitors
Great response here. Bitcoin is a trustless system. Everything can be verified, and at the base level requires no more (and even less trust) than current systems
Actually this cyberspace you speak of as if it doesn't exist, does!
It is an open source digital monetary network. It doesn't hide shit, other than who directly owns the wallet. And most of that is known due to KYC laws that DO exist, and MOST people abide by.
Cash has more misdealings and crime attached to it than bitcoin does, do your research.
It is decentralized, programmatic money. I don't have to "trust" as you say, anyone. It is a trustless system that I can use and personally verify in real time. It also cannot be stopped by government, hence the appeal of keeping any person or entity from debasing the currency.
Every single transaction that has ever occurred is kept on the blockchain. So I'm also not sure what you mean by non transparent. It is literally THE most transparent monetary system we have
Hahaha, okay, stick to investing in your water rights. I thought we were talking securities, assets, and bitcoins role on Tesla balance sheet.
Water rights arent shit unless you're bottling and selling it, or can defend it if/when shit hits the fan. I know water rights aren't gonna do shit for the person hoarding it from me if im thirsty.
Gold? HAHAHAHA, dinsoaur
Bitcoin has not been hacked.
An exchange was hacked.
You don't need exchanges to hold your bitcoin, its a bearer asset.
Bitcoin is the safest, most protected computer network in the world.
Look into how hard it would be to hack to network. People are stealing all wealth, everywhere else in the world before they try to hack bitcoin, its economics
Irresponsible?... Tell that to MicroStrategy, Paypal, Square....
It's irresponsible to sit with all your cash burning away.
Bitcoin is gold X 10
more liquid
more easily transferred
easier to verify
easier to secure
HARD supply cap
Come on, don;t be blind here
Let me put to rest all your fears here:
Bitcoin is THE most secure network in the world. It's also decentralized.
I'd be more worried about your severely devaluing cash...
or your bank accounts and trading accounts that can VERY easily be hacked and stolen.
First off, bitcoin is gonna 5-10X from this level before it has a bear market like 2018. So unless you mean they intend to massively appreciate their cash on hand and with it their valuation, before it corrects along with a bear market...
Tesla has already made more $ from moving 8% of their COH into bitcoin, than they did all last year
Interesting thought you have though
Does nobody comprehend what Bitcoin on the balance sheet is going to do to the value of this company?!
Mark it, this SP doubles this year
This thing is a BEAST
This Bull is gonna wreck havoc
No sir. Elon converting the balance sheet to Bitcoin has solidified this company to take over the EV market, hands down. He started at 8%, it has almost doubled...
How long before he takes it to 25, 50%...
They don't need the money. It's losing its purchasing power every day. Short at your own peril. Might not be today, but this stock soars over the coming year
Patience has paid off!
Going to be an amazing year!
LFG
If float is 190M
I alone hold 1% of the float, and it is LOCKED
LFG
Hard to say for sure
MARA and RIOT have A LOT of Hash power coming online in 2021, they've spoken for shipments of Bitmain miners through the whole year too.
That said, if we have cheap power here, efficient miners, and this immersion cooling system does what it is supposed to, then we could see some epic gains.
Also the share structure here is EPIC!!
Stay debt free, or raise capital like Elon Musk or MIchael Saylor and it could be done to the benefit of shareholders...
Exciting times for sure, low float, high profit penny stock...
This is a life changer, especially if you were in sub .01
This is what we've been waiting for ladies and gents!
Love to see it finally happening
LFG
Mngmnt needs to put treasury into Bitcoin...
Look at MSTR for a guide
Would MOON
Likewise! I'll shell off a few thousand on the way there, but as of now, all for sale at $5
LFG
They should buy 100MM worth of #bitcoin for their treasury
bought 375k shares on RH today, no restrictions on this beast!
Loaded
LFG
And buy Bitcoin!!
Make sure you're hedged with the most scarce asset we know of.
Over-sized gains to be had here, but WAY more risk than holding your own damn bitcoin
Yessir! This is gonna blow up when it gets going. Epic accumulation.
Let them play their games, and grab some cheapies on the way up when they do.
LFG
Lets Go!
Gonna be a great year here!
Yessir, Lets GO!
BFCH
And remember, when you cash out, the best store of value there is, is Bitcoin
No pumps here. When news comes we FLY
Crazy to sell
Lets GO!
Dollarland, mark my post
YES, .0420 , LFG
You bet your behind I hit that
They’ve been doing it right here. No fluff or pump PR’s, ever...
All things to keep shareholders as informed as they needed to be.
Just sit back, relax, and watch bitcoin moon, and BFCH will be over $1 within a year.
Let’s go!
Learn about bitcoin before selling here, this is an accumulation game for the next 9 months at least
Just passed 2M shares today, things are looking great!
2021 will be so epic
Accumulation continues
LFG
Price discovery for Bitcoin!
BFCH gonna follow suit!
Patience pays here!
Accumulation been happening for months and months
Time to fly!
Read:
"The Bitcoin Standard" - Saifedean Ammous
"Bullish case for bitcoin" - Vijay Boyapati
Podcasts:
We study billionaires: The investors podcast- episode: BTC001
Hop onto twitter and follow/ listen to podcasts w/ following people:
Robert Breedlove
Michael Saylor
Vijay Boyapati
Preston Pysh
John Vallis
You will find you way down the depths of the rabbit hole here