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Yes good to close up green 7.89%
With fourteen mineral claims in 738 Hectares near a high graphite producing area I'd say odds are.quite high GRXXF will find what it's looking for.
Yeah and obviously there is no way the Gov't would roll out the red carpet for a challenger to fiat currency unless it was simply undeniable that blockchain currency was here to stay. This a really great development for $ADAC
Wow! Graphite demand will go through the roof.
Haha is that kind of like his "Blockchain Flamethrower?" Goes to show you people will throw money at any crazy idea nowadays. $GRXXF has something tangible of value. I like having that in my portfolio.
It's a crazy thing. If only Tesla follows through on its plans to produce electric cars by 2020, they alone will outstrip the worldwide graphite industries current output. Buts its not just Tesla, new electric car companies are entering the market by droves. .Alot of graphite mines shut down in the 90s because the prices were deemed to low for the costs of production (due in large part to China flooding the market) but now the prices for graphite are 4xs what they were then and the demand will only go up. The early bird will get the worm here in reviving the previously dormant North American graphite mining market. $GRXXF is sitting on goldmine. (Pardon the metaphor)
That's an excellent article for anyone just looking into the graphite sector: "Canadian graphite miners are angling to be high-end suppliers to the global lithium ion battery market, where companies such as LG, Samsung, Mitsubishi and Hitachi are fuelling growing demand for new technologies ranging from smartphones and laptops to electric cars.
After decades of near-dormancy in the graphite industry, an increasing number of companies are racing to produce flake graphite, the purest natural form of the mineral touted for its lightness, extreme resistance to heat and high conductivity.
The mineral is a major component of lithium batteries – lighter and more powerful than traditional batteries – that are finding their way into ever broader markets, from laptops and cordless power tools to hybrid electric
vehicles.
"If electric cars start happening, this is going to go through the roof," said Simon Moores, a graphite market specialist for Industrial Minerals, a group that gathers data on the graphite and other mineral industries."
The article is a few years old. Electric cars are now hear en masse.
That's decent volume coming in. We keep this up $GRXXF will pop resistance soon.
I'm rather sure once CryX coin is dropped, then CryX shop launched and revenues start posting we will hit dollar land. This is a hugely undervalued stock.
Nice accumulation happening here at this level. Good to get in now when CryX is launched we should see this moon past .20
Well, yes and no. Large flake is worth more and can be processed with less waste. But actually lithium ion battery production uses medium to small flake. But in the end its not so critical, if the flake is to big it's often just ground down to the right size for battery production.
Do any of the announcements mention the size of the flake?
I think it's decent. I read that the refining process to the battery grade can start with 2% to 20% carbon as graphite, then they crush and grind to achieve 50 to 90% and use some kind of flotation method to go up to 98%.
I know $ADAC has a great PR out today: https://finance.yahoo.com/news/adama-technologies-corp-announces-completion-142000980.html
Have you heard something about it being promoted?
Quite impressive that $ADAC subsidiary Alpine holds over 15 US military contracts. Amazing that they have manufactured several hundred parts since 1974. Alpine seems a very prudent acquisition by ADAC. The government contracts space is sort of like a old boys network. Not easy to get in, but once you are in almost guaranteed revs.
Up 16%!
$ADAC breakout over .10 resistance to .11!
Wow 37% is a nice uptick. GRXXF is looking better and better to me.
It's really true. We are surrounded by the stuff. It's because it doesn't lose its special electrical conducive properties even under very high heat. That quality is the sort of thing that makes it suitable for large rechargeable batteries for electrical vehicles.
Yes some accumulation going on at this level. Vol first then comes price.
$ADAC holding company strategy is the perfect way to interact with the crypto market. The stability of multiple streams of income is a perfect foil for the volatility of the crypto scene.
Yeah it's a great sign of mainstream adoption for anyone who might be doing some DD on ADAC.
$ADAC CryX Shop online high end retail platform should be launching this month. If you compare it to Amazons pricing for high end retail and less mundane items (sports collectibles etc) it looks like we can expect 20% sales commissions for $ADAC
$3.125 in revenues is a huge deal. Lots of altcoins out there have never made anybody money. $ADAC is already holding its own and ready for some new horizons.
Lots of FUD in Crypto markets this week. It will recover, too many long term HODL ers that believe in the tech at a gut level. Shaking out alot of the retail credit card buyins who tried to jump on the gravy chain in Dec and Jan. The nice thing about $ADAC is this is a holding company with revenue producing subsidiaries. So you can get some exposure to the crypto world with out the crazy volatility of some altcoin that has nothing real backing it.
$ADAC nice to see that new support at .10 holding strong.
Great evening to all of you! I'll check in with ADAC tommorow ;-D
Interesting alternative view of China and regulation of BTC. I guess time will tell:https://steemit.com/bitcoin/@timebit/fear-not-china-is-not-banning-crypto-currency
Yeah it's fun actually
Well people were having this gold rush mentality and getting 2nd mortgages and stuff to spin the roulette wheel one more time. Nah this correction was a good thing we only lost 2 months in the end Just look at the 12 month chart if you're tempted to call it a "crash". Yeah Cryptos are more volatile than anything else out there at the moment but that doesn't mean it's going away. That why things like the LiteCoin payment network, the BTC Lightning fork, and the.CryX retail agenda are so important. To get rid of the slowness of transaction so instant confirmation makes converting to stable fiat an instant possibility so retailers don't carry the risk of the volatility.
Well it looks like the Crypto markets have stabilized a bit after being in free fall all weekend. I had bought some more ETH on Sat at 860 it dropped all the way to 630 but now it's back up to 730. I still think 860 was a steal but I think may take a while longer than I thought to recoup. What a wild ride. $ADAC actually more stable.
Kimchee digestion sourced FUD.
It's the wedding of democracy and the Internet. Like the original developers hoped for.
That's the benefit of being "second to market". Let someone else be "first to market" and have the costly and steep leaving curve. I'll study thier moves and get the lessons for free.
$GRXXF a new graphite mine ticker that you should watch. BIG moves coming.
I wonder if CryX would have thier own visa alternative card like LiteCoin seems to be doing. Since this quote visa and many mainstream banks have gone cold on crypto.
TESLA? OK this is starting to get exciting.
Yes alot of FUD in crypto markets now, and really it's just chicken little BS that is meant to shake out the naive investor. Many are worried if Tether is properly backed by the USD. And if it proves that it's not backed properly so what? Then Tether falls. It's not even one of the top 20 by market cap. And.more and more exchanges meet the demand for a stable currency trading pair by adding the USD itself. And that can only be good for the Crypto markets in the long run. Link: Major Cryptocurrency Exchange Bittrex To Add USD Trading, Reopen New User Sign-ups
https://cointelegraph.com/news/major-cryptocurrency-exchange-bittrex-to-add-usd-trading-reopen-new-user-sign-ups
Everyone should have at least some of thier portfolio in blockchain. That doesn't mean be dumb about it and buy up any lame altcoin put there. Do some DD here on $ADAC and you will see its a smart way to get a piece of the action.
Keep your eye on $GRXXF a new graphite mine play. Something is stirring here.