Everything I post is IMO
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With ICO news out "this week" got to think the end of day trading will pickup to the buy side as we get closer to the end of the week.
News tonight / tomorrow pre could happen. If not your looking at likely 1 more trading day before news comes pre market Friday. This company usually has news releases Premarket or early in trading.
If you are here and know whats going on. You are playing a dangerous game. Will be a stupid flood of new money once the ICO details drop. And with any luck for TXTM investors. If this CBD backed ICO is a hit. The outcome for shareholders will be very positive.
Time window for the cheap shares is going quick. We have less than 11 trading hours until ICO news. Very exciting.
Are you looking for consent? :) lol. It's up to you. If your plan is to get more before the ICO news by EOW I'd think your risk / reward is shaping up nicely at these levels IMO.
For those who are confused by the past few days trading. I've seen this before big money moves in crypto. Here is the playbook.
Put a artificially large bid up after a big announcement. If they get shares. FINE!! Either way. They force buying pressure above it's large bid and thin out the support behind it.
Step 2 is to pull the bid and drive the stock down. Then you set a price you will buy and continuously drop your large amounts on the ask to get people to sell. Once the tide turns, and news is known to be immminent. The big money will come back. And if they work the plan to perfection. When you least expect it to create the largest market impact.
You have to wonder if that 100K USD bid was there to fill / sell above the market. So they can hammer down and reload here on the cheap below there sell price at 21+
It's easy to see the big money is here accumulating. Don't get caught being a hero trying to flip for a .0001 profit IMHO.
Anyone else trolling twitter waiting for this ICO news? :) My guess is we get it tomorrow pre market. But i'm keeping an eye out just incase. Will be easy money for those who see the news first. Unless it comes out after the bell friday. Tomorrow, and possibly today are the last possible outcomes to hold the news for a pre market PR. Imagine we get some late day buying knowing PR is imminent.
https://twitter.com/growprocessco
One thing i've realized is how into the blockchain the growprocess team is. They are very active and it looks like they have intricate knowledge of the space. Looking forward to the weekend. Just a bit more noise until we get ICO update!
SA has yet to issue one. All signs point to it being inevitable. Question is. Do you have the patience? Or will you catch it after the news hits or when everyone else is rushing to accumulate.
CBD is the big play in the medical marijuana space. It's also the most accepted legally. This ICO is making it harder and harder to accumulate cheap shares. 2 Premarket days left until the end of the week when we are to hear about Phyto coin and get an idea of how much funds it may raise. That could be a lot of revenue coming in short order.
You know how many debit card solutions exist in the space? Not saying it's not a good idea. I'm saying it's been done to scale already. It's not something new and the competition happens to be multi billion dollar companies. You can't scale this idea without a miracle.
Hope it pops the stock! Really do. But with all the front loaded people waiting on this news... Not looking good IMO.
You can use Stripe for any cashless transaction. They are blockchain enabled. Lots of big payment solutions are now...
$TXTM / Blockchain sector news 1/24/18
1. "#Growprocess Co. to provide details this week of its upcoming commodity backed Token launch...stay tuned. #ICO #CBD #cannabis #cryptocurrency"
https://twitter.com/protxtm?lang=en
https://twitter.com/growprocessco/status/955816555744555009
88% Buy Rating
https://www.barchart.com/stocks/quotes/TXTM/opinion
ICO details being released this week! As with most projects. The devil is in the details. Looking forward to grabbing some of the ICO when it's available if it looks like a good investment. Already bought some budbo ICO few weeks ago at the presale level.
2."TD Ameritrade Cites Blockchain Stock Interest in Q1 Results"
https://www.coindesk.com/td-ameritrade-cites-blockchain-stock-interest-q1-results/?utm_source=dlvr.it&utm_medium=twitter
Blockchain currently IMO is the internet in 1995. A lot of growth, excitement and new innovation. We are just heating up the sector.
3. "Payment Processor Stripe Ends Support for Bitcoin, Hypes Altcoins"
https://cointelegraph.com/news/payment-processor-stripe-ends-support-for-bitcoin-hypes-altcoins
Bitcoin alternatives gain support in the face of high fee's.
4. "Keep an Eye Out for These Bitcoin Tech Trends in 2018"
https://bitcoinmagazine.com/articles/keep-eye-out-these-bitcoins-tech-trends-2018/
"But from a tech perspective, things seem to be just getting started: 2018 promises to be the year that a number of highly anticipated projects are either launched or adopted."
Could Phyto coin + TXTM's Phytofare be a success in 2018? The synergies for the two are big time. 1+1 = 3 here. If they do well the upside could be astronomical. This is just the ICO side of things. Any day you could see the first medical license distributed in SA. Africa has a large % of adults who smoke cannabis daily. Huge market to be tapped with a massive economical impact to those effected in a positive way.
$TXTM / Blockchain sector news 1/24/18
1. "#Growprocess Co. to provide details this week of its upcoming commodity backed Token launch...stay tuned. #ICO #CBD #cannabis #cryptocurrency"
https://twitter.com/protxtm?lang=en
https://twitter.com/growprocessco/status/955816555744555009
ICO details being released this week! As with most projects. The devil is in the details. Looking forward to grabbing some of the ICO when it's available if it looks like a good investment. Already bought some budbo ICO few weeks ago at the presale level.
2."TD Ameritrade Cites Blockchain Stock Interest in Q1 Results"
https://www.coindesk.com/td-ameritrade-cites-blockchain-stock-interest-q1-results/?utm_source=dlvr.it&utm_medium=twitter
Blockchain currently IMO is the internet in 1995. A lot of growth, excitement and new innovation. We are just heating up the sector.
3. "Payment Processor Stripe Ends Support for Bitcoin, Hypes Altcoins"
https://cointelegraph.com/news/payment-processor-stripe-ends-support-for-bitcoin-hypes-altcoins
Bitcoin alternatives gain support in the face of high fee's.
4. "Keep an Eye Out for These Bitcoin Tech Trends in 2018"
https://bitcoinmagazine.com/articles/keep-eye-out-these-bitcoins-tech-trends-2018/
"But from a tech perspective, things seem to be just getting started: 2018 promises to be the year that a number of highly anticipated projects are either launched or adopted."
Could Phyto coin + TXTM's Phytofare be a success in 2018? The synergies for the two are big time. 1+1 = 3 here. If they do well the upside could be astronomical. This is just the ICO side of things. Any day you could see the first medical license distributed in SA. Africa has a large % of adults who smoke cannabis daily. Huge market to be tapped with a massive economical impact to those effected in a positive way.
88% Buy Rating
https://www.barchart.com/stocks/quotes/TXTM/opinion
Got excited seeing news this morning... But a debit card ICO? Pretty much the most disappointing use of the blockchain... Ever. =/
With all the people who bought looking forward to this news it's going to be interesting to see how it plays out...
Blockchain + Marjijuana sector news 1/24/18
1. "#Growprocess Co. to provide details this week of its upcoming commodity backed Token launch...stay tuned. #ICO #CBD #cannabis #cryptocurrency"
https://twitter.com/growprocessco/status/955816555744555009
ICO details being released this week! As with most projects. The devil is in the details. Looking forward to grabbing some of the ICO when it's available if it looks like a good investment. Already bought some budbo ICO few weeks ago at the presale level.
2."TD Ameritrade Cites Blockchain Stock Interest in Q1 Results"
https://www.coindesk.com/td-ameritrade-cites-blockchain-stock-interest-q1-results/?utm_source=dlvr.it&utm_medium=twitter
Blockchain currently IMO is the internet in 1995. A lot of growth, excitement and new innovation. We are just heating up the sector.
3. "Payment Processor Stripe Ends Support for Bitcoin, Hypes Altcoins"
https://cointelegraph.com/news/payment-processor-stripe-ends-support-for-bitcoin-hypes-altcoins
Bitcoin alternatives gain support in the face of high fee's.
4. "Keep an Eye Out for These Bitcoin Tech Trends in 2018"
https://bitcoinmagazine.com/articles/keep-eye-out-these-bitcoins-tech-trends-2018/
"But from a tech perspective, things seem to be just getting started: 2018 promises to be the year that a number of highly anticipated projects are either launched or adopted."
Could Phyto coin + TXTM's Phytofare be a success in 2018? The synergies for the two are big time. 1+1 = 3 here. If they do well the upside could be astronomical. This is just the ICO side of things. Any day you could see the first medical license distributed in SA. Africa has a large % of adults who smoke cannabis daily. Huge market to be tapped with a massive economical impact to those effected in a positive way.
88% Buy Rating
https://www.barchart.com/stocks/quotes/TXTM/opinion
#Growprocess Co. to provide details this week of its upcoming commodity backed Token launch...stay tuned. #ICO #CBD #cannabis #cryptocurrency
https://twitter.com/growprocessco/status/955816555744555009
Here is why this deal is so special and this ICO news will move the stock.
The ICO is going to be backed by CBD correct? That CBD will be pharma grade and booked as revenue as its produced to back the tokens in the market. Most of the companies in this space don't have revenue until they get a blockbuster drug. These guys position themselves with plenty of product to test / sell through the CBD token channel.
Investors will start to realize how quick the ramp will be to huge revenue / profitability and that it may start with Phyto coin and its market penetration. This ICO news we wait on this week is big time friends.
Right now you have 500+ crypto currencies worth more than 10 million market cap as reported by coinmarketcap.com. TXTM owns 100% of growprocess and Phytocoin. The market is missing the impact here to future earnings IMHO.
Pepe Cash. Literally used to trade pepe the frog picture memes on the internet. It's market cap is 58 million!!
https://coinmarketcap.com/currencies/pepe-cash/
"Plandai Biotechnology SA, has the exclusive worldwide license to develop pharmaceutical applications and products using the Phytofare catechin complex"
Growprocess's ICO is named Phyto Coin. It's all starting to make a lot of sense!
Big ICO update coming this week!!! Tick Tock...
https://twitter.com/growprocessco/status/955816555744555009
BOOM FROM TWITTER!!!
https://twitter.com/protxtm?lang=en
#Growprocess Co. to provide details this week of its upcoming commodity backed Token launch...stay tuned. #ICO #CBD #cannabis #cryptocurrency
Big update coming. Twitter just released some info 5 mins ago. Big time ICO in the making. Selling now? LOL
TWITTER UPDATE!
"#Growprocess Co. to provide details this week of its upcoming commodity backed Token launch...stay tuned. #ICO #CBD #cannabis #cryptocurrency"
4 min ago on twitter.
https://twitter.com/protxtm?lang=en
Looks like the float has remained the same since since April and possibly before. Thx for the update.
100% Buy Rating on Barchart.com
https://www.barchart.com/stocks/quotes/TXTM/opinion
You've heard the saying... "THE TREND IS YOUR FRIEND"
Top 1% in terms of stock strength according to the technicals. Other stocks with similar chart setups have made major multi month rallies. Looking good once we clear the churn at the low .002x's IMO.
Just showing you some market caps from other coins. And that marijuana focused coins exist.
This isn't new to the crypto industry. What is new is the CBD backed product. The ramifications of which we don't know.
The path of least resistance to having marijuana futures in the US stock market would be a coin like TXTM's Phytocoin.
Look at the CBOE. It just closed it's first futures contract for bitcoin. They are trading commodity futures. Under the right circumstances. It's not far fetched to believe a CBD backed coin could be the first to penetrate into a larger investing audience.
Once the crypto traders get ahold of this the price won't be here much longer. I suspect a lot of those big block bids are crypto traders who caught wind of the developments TXTM has had recently.
Phyto coin = smart contract CBD backed asset.
Bitcoin = currency.
Aside from bitcoin being the first at scale... The blockchain is actually more advanced through innovation in smart contracts (Ethereum). Bitcoin paved the way for Ethereum smart contracts.
This is where the market is heading after being in crypto 7 years. It's all about the blockchain process. Open Ledgers + smart contracts.
This is where innovation will come from with the blockchain. The ledger phyto coin (Growprocess ICO) is using is leaps and bounds ahead of bitcoin in terms of use case. Backed by a real pharma grade product. Which happens to be legal to trade in the USA and other jurisdictions as it's not the psychoactive THC compound.
This is big folks. I hope you all realize the magnitude of this ICO and it's implications to the industry / company. The market cap of TXTM is very low compared to the potential outcome of the ICO that should launch by end of Q1. That leaves a few months until the ICO. Which, if successful could raise money well in access of the total current market cap.
THE COMPETITION
"The trace and tracking industry is exploding quickly with companies like MJ Freeway leading the way. They rode their initial success to over $20 million in sales. Their issues with hacking in January 2017 – showed us that there is room for improvement and we intend to step into this growing space with a suite of solutions which should be well received by the industry."
http://growprocess.co/index.php/exec-summary/
Marijuana ICO's are relevant and key to the growing industry.
Look at a current marijuana ICO Budbo.io. It has raised over 5 million USD hitting its presale target 10 days early. The money alone raised in the first few days of the budbo.io ICO has raised almost as much as TXTM's market cap stands as it is today.
Here is another pot coin. It's name is the only good thing about the coin and it has a 45 million market cap.
https://coinmarketcap.com/currencies/potcoin/
The ICO / blockchain compliance / synergies with marijuana companies are undeniable. The momentum in both sectors + investors appetite for risk suggest this is just the start of a significant multi-year rally in both sectors.
Under the terms of the ICO as I understand it they will be able to produce a supply of CBD tokens = to its production allocated to the coin. Now here is where the crypto space may profit our company to an extent i'm not sure the market is appreciating.
Lets say people enjoy the use cases of the token and adopt it in large numbers. If a surge of demand was to come from crypto traders the corresponding cash would be put in the ICO account and CBD would be produced. Likely as income to TXTM. I want you all you really think about the potential here.
The US dollar replacement has come a long way the past year, and if you look at the real need in the marijuana sector (and to boot CBD is compliant with all intrastate US law) you come up with a scenario in which the ICO they speak of could have far stretching implications to the industry.
The current market cap of TXTM is under 10 million. If the ICO is a success then by most crypto standards the ICO alone can produce results much larger than the total market cap as it stands.
Tether : 1.63B Market Cap - US Dollar Replacement
https://coinmarketcap.com/currencies/tether/
DigixDAO : 364M Market Cap - Gold Backed
https://coinmarketcap.com/currencies/digixdao/
The only real value tether has to the ecosystem is its a way for exchanges to make US dollar pairs without the compliance issue with US dollars. THATS IT!! Think about it. CBD is compliant and the need is even greater in the marijuana sector for a real replacement to cash.
You're negative till you buy ;)
TDAmeritrade just mentioned cannabis and blockchain related stocks that individual investors are trading caused profits to jump "especially near the end of the quarter"
Going to be another big runup in these marijuana / blockchain related stocks and with South Africa lining up to have a license granted soon.
Looks like the stars are aligning.
https://www.barchart.com/stocks/quotes/TXTM/opinion
100% Buy rating based on technicals.
"$TXTM #advisoryfirm #compliance #Cannabislicense ....all about the process."
https://twitter.com/protxtm?lang=en
Market hasn't got wind of this twitter comment and put the DD together or this would best testing the highs of the day. Those doing DD tonight will surely get wind of what's coming and be part of the early morning buying I suspect will continue tomorrow.
100% BUY RATING
https://www.barchart.com/stocks/quotes/TXTM/opinion
When you dot the lines and cross the lower case j's things look pretty solid. Now it comes down to execution.
TXTM has only held this price a few days during the past year. This is incredibly strong action here with big catalysts on the horizon.
The ICO synergies are huge. They can have product on hand for testing / distribution to coin holders. All while selling lots of coins that will not all be redeemed. Which will equal lots of money into the ecosystem to grow our footprint all while keeping a bumper stockpile for research, or use in pharma grade products.
100% BUY on barcharts.com. Has anyone seen every indicator at 100% Buy rating like that? It's a first for me.
https://www.barchart.com/stocks/quotes/TXTM/opinion
Once these tweets come in the clarity of a formal PR people will be kicking themselves.
Only a matter of time now for updates on multiple fronts.
Bots trade crypto all over. Imagine we spiked some peoples attention from that space.
Once I saw the implications of the CBD backed commodity I got long real quick. This is a no brainer here IMO.
One big aspect of a CBD ICO would be that they could issue tokens based on CBD production.
What a CBD backed commodity means is you can redeem your coin for 1 gram of CBD. And they can produce as many coins as they have CBD in reserve, or that the market will accept.
Meaning.. A potentially huge streamlined revenue will be coming this companies way. Once people realize the magnitude of this ICO I think the market will adjust the price accordingly.
TXTM twitter today putting together the pieces. IMO the compliance will be taken care of with the blockchain. And distribution of CBD products can be sold.
$TXTM #advisoryfirm #compliance #Cannabislicense ....all about the process.
— Protext Pharma, Inc ($TXTM) (@protxtm) January 22, 2018
Just wait until the market puts together the past few pieces of the puzzle + the tweet from this morning. Looks good for licence.
"$TXTM #advisoryfirm #compliance #Cannabislicense ....all about the process."
That might mean this was the last piece before the license gets granted? Soon as the market sees twitter this should get another boost i'd think.
100% Buy Rating on barchart.com. Sounds like technical traders have a reason to love this one as well.
https://www.barchart.com/stocks/quotes/TXTM/opinion
Was reading a article that Coinbase was adding 100k new accounts daily in December.
The momentum in both the marijuana / blockchain sector offer a great ramp towards profitability / awareness if the plan is well executed. Looking forward to seeing INMG orig content in Feb!
Look for the negative attacks on the stock to continue as we get closer to hearing about progress the company has made in recent quarters.
The CBOE has bitcoin contracts now. Could a pot backed crypto be the first way to legally trade pot futures in the US?
I mean thats super speculative... But why not? Law says you can't have marijuana. But its a crypto... Backed by marijuana... So whats the rules on that? Shouldn't be anything against that on its face.
The reason why the FIAT US dollar replacement Tether went up is because exchanges are using them to get around regulations about not being able to use US dollars. Well... They made tether so that exchanges could peg trades to that instead of US dollars to find ways around the law.
Think about the implications if a pot backed coin caught on? It's serious to think about. And the need is there.
Few asset backed crypto currencies for you people less familiar with the blockchain.
Tether : US replacement 1:1 dollar based crypto.
Market Cap : 1.62B : https://coinmarketcap.com/currencies/tether/
(Blue Line is how much exists. Notice the asset grew from a few million to now have 1.6B dollars under management in the past year? :)
DigixDAO : Gold Backed Currency
Market Cap : 356M : https://coinmarketcap.com/currencies/digixdao/
Siacoin : Storage space
Market Cap : 1.47B : https://coinmarketcap.com/currencies/siacoin/
This coin uses peoples hard drive space. So if you consider cloud computing a commodity then this is another large one.
Just a few of then other asset backed coins in the space. TXTM can persue 100% ownership of this new entity which it's ICO + subsequent offerings alone could command the price many of it's crypto counterparts receive.
February should be exciting. The company went up about 5x in 1 day when they announced they would enter the cannabis media space.
Just a few weeks away until we see what the production quality is and what the hullabaloo was all about.