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Perhaps an M&A deal will increase the machine count.
Also it's apparently not just about mining anymore. There's a possibility that INTV owns a substantial amount of $LINK
Perhaps we'll find out soon.
I would think an M&A deal or a substantial holdings in $LINK could change those numbers dramatically.
There's the follow through! It would be nice to hear about$LINK also.
BTC now over $12,000.
Price is holding up well so far. Now we'll see if there's follow through on any M&A deals and $LINK.
Nothing but constant LINK posts and retweets on the INTV twitter page as I have been told. LINK is exploding and INTV "implies" they own a great deal; but none of it is official. Without something official stating they own what's claimed on twitter it means nothing. If the CEO can put something out about what they officially own then the twitter posts can have a huge effect.
I agree with the posters that say this can still take off, but it has to happen now. Until something positive is made official there just isn't any credibility here. It seems even the staunchest supporters are getting fed up with the constant barrage of new shares and nothing to show for it.
But that's the problem isn't it? He's always making it sound like things are going great on twitter, but the official news is rarely good.
I can agree with your earlier post about the increased share count if it's put to good use, but he's hasn't shown that so far. He needs to follow through quickly on something to get any credibility at this point.
madcasper, you've been loading up. What's your thoughts on this?
Current shares out: 114,519,913
I'm beginning to believe all these crazy numbers on LINK now, it's absolutely screaming north again.
Hopefully, we'll hear something about the latest M&A deal along with the company's current position on LINK.
I'm tired of the bantering from both sides.
From those who claim to own the stock but constantly bash it.
From those who claim this is going to $1/share.
This is a 3 cent stock, but it is fully reporting, and in fact an OTCQB member. If you don't like what you read in the filings, then you should not invest or sell and move on. Asking the same questions over and over again, while getting the same answer over and over again should tell you that you're not going to get that answer.
But I do agree with some things stated. Open up twitter. Answer the hard question (if legal to do so). If someone doesn't like it, they can move on. If they continue to ask the same questions knowing they'll never get an answer, can't you just delete their post? I don't know much about twitter, but closing it off may imply deception to some.
Mistakes have been made by both investors and the company in the past. But dipbuy said something that I believe really holds true here.
"Debt in bear market was a bad debt. Debt in bull market should be a good debt. My 2 cents."
We had the bear market, now lets give the CEO a chance to prove himself with the bull market.
I think there will be plenty of news to come. It'll be up to the market to decide if it's good or bad.
He's making a killing on LINK. If any favorable M&A deals come through and Bitcoin continues to move up, INTV will get more attention.
I don't know, but most of the twitter posts are about LINK, so I'm assuming quite a chunk. It was also posted that it was purchased in the 4-ish price range.
LINK now $13.6.
Crypto is finally cooperating and lots of news appears to be in the pipeline. There seem to be more investors involved now also.
Perhaps everything is finally falling into place for INTV.
INTV is also an OTCQB member which puts it in good company.
Looking forward to the next several months.
According to recent posts on Twitter, INTV owns a bunch of LINK purchased in the 4ish range.
LINK is now over $10.
Even your worst case scenario looks pretty good to me.
Assuming the market is going up; it's up to the CEO to get some good deals NOW before Bitcoin really explodes.
Before it was about keeping the lights on during a prolonged bear market.
Now it's about building the company during a bull market.
The company is in a much better position now than ever before. With BTC knocking on $12,000 (we all know it's going higher) and now Chainlink possibly in the mix, it looks like the company could grow quickly.
For once I'm going against the grain here and picking up a few shares that some here are selling.
With more news on the horizon it seems like a good time to take a chance.
With all the coins INTV is mining screaming higher in price, A possible end to the dilution/debt near term, and possible M&A deals in works; INTV share price could move up quick starting next week.
I think someone said people not buying before the close Friday may be sorry because of the moves BTC could make during the weekend? Looks like that may be happening. Still more time this weekend for BTC to go in either direction, but right now it seems it may be going higher for a while.
We'll see what monday brings.
I got the quote from this post.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157215399
"old debt converted...all the bad guys are gone now!"
That's big news. This finally has a chance to run now. With Bitcoin now cooperating the timing seems to be perfect for some good news.
If the company has doubled it's investment buying LINK, then that would be like selling their currently mined coins at double their current price. What would INTV stock be worth if Bitcoin was going for $18,000 right now?
They are not doubling consistently of course because as the price goes up they would have to buy in at that new price then wait for the price to double again. But still, this could get interesting.
Constant hints about Chainlink.
I wonder if the company made a significant investment in this area and has already made significant returns that we are not aware of yet.
There may be more going on than what we know.
I don't think Bitcoin follows the market anymore, but today I wish it did. The market is going to be screaming when it opens this morning. We'll see if Bitcoin has any positive reaction to this.
I have to also add that another reason I decided to add more was because the reality of the current economy is finally setting in. The markets may get really ugly over the next several months.
Unless you are a shorter, there really isn't anything to invest right now. Even compared to the major stocks out there this one seems to be a better bet at the moment. Still very speculative of course, but it has a good chance of heading north quickly.
It's obvious that Bitcoin is going up, and apparent that it will continue to rise. The rest is now up to INTV.
I bought at much higher prices long ago, and never did average down, even when it was at a penny. But I was very surprised at how quickly it went 8x without any real news.
It seems certain that some sort of Merger/acquisition news is coming soon. If the market interprets the news to be bad then it is likely heading back down. But if the market interprets the news to be good then I think the stock price is capable of going up significantly from it's new current base.
With Bitcoin heading higher and INTV being well positioned to prosper from the rising bitcoin price, I finally feel like there's a chance for a good outcome here. I decided to use some gambling money to buy some shares yesterday and do the same again today if it goes lower. I think it's worth spending a little 'money I can afford to lose' on this now.
Good luck to all. Lets hope the market likes the forthcoming news.
After going 8x and Bitcoin taking a dump, this pullback seems normal and necessary to me.
This is a big week for both Bitcoin and INTV.
Still here watching. I have been plenty critical in the past, but after everything is said and done, I believe the CEO has done a great job of getting the company where it needs to be.
Some were complaining about the earnings report, but I thought it looked great when you consider where the price of Bitcoin has been the last 3 months and the position the company was in before all the recent improvements made to shore up its financial situation.
It appears to me the company is in a better position now to make a deal with other interested parties.
A lot still depends on Bitcoin, but I still think it will move up, and move up big when the time is right.
All speculation of course, but some here are in an enviable position to "possibly" make a lot of money.
We'll see.
I think someone bought a big chunk of shares so perhaps some investors thought something was happening and followed suit.
Really falling in pre-market. I wonder if it has to do with this
SONNET BIOTHERAPEUTICS HOLDINGS FILES PROSPECTUS RELATES SOLELY TO RESALE BY SELLING STOCKHOLDERS OF UP TO 29.5 MILLION SHARE
Bitcoin is still (more or less) following the stock market. If the price is still in this range after the halving, that could force a lot of miners out, leaving a large portion of the hash rate in the hands of the Chinese. If that happens, Bitcoin may lose a lot of it's luster.
I still think Bitcoin has to, and will go up to stay viable. I think the CEO has done what he can to make the company profitable, but the price of Bitcoin is out of his control. The next few months are going to be critical to anyone involved in cryptocurrency.
Because there's no direction from Bitcoin. Currently it's still more or less following the stock market. We'll see what it looks like as we approach the end of this month when it's less than a month away from the Halving.
BTC is following the stock market. You can watch the stock market and generally know what direction BTC is headed. Conversely, you can watch BTC and generally know what direction the stock market is heading.
BTC needs to decouple from the stock market.
I agree that Bitcoin is nearing a crossroads. It seems that Bitcoin is no different than the stock market. When the world economy is in the doldrums, people need cash; so just like the stock market, people sell their Bitcoin causing it to go lower.
On the other hand, I think this big downturn is temporary, and with the US along with most of the large economies pumping cash into the system, there could a be a buying spree when this is over.
INTV finally has all the ingredients but one to soar from it's current price point. The problem is that the main ingredient, Bitcoin, is missing.
Bitcoin is at an inflection point. Nobody will survive after the halving if Bitcoin is anywhere near it's current price. Some estimates put the break-even point at over $15,000 (varies on equipment and cost to mine).
Anybody buying INTV now is really betting on bitcoin. Right now my assumption is that Bitcoin will have a dramatic move up at some point before the halving, causing any bitcoin related stock to also move up in a similar fashion.
We don't have to wait much longer to find out.
There's no way any companies that are crypto related will survive at current prices. If Bitcoin doesn't go up significantly after the halving even the Chinese won't be able to mine profitably.
Those who are mining and are able to save now to sell later could make a bundle, assuming price does go up significantly soon.
If price stays at it's current level then yes it would be difficult for most to make money at mining. The key is knowing at what price would mining still be profitable for INTV. I think the assumption is that the price is going much higher. Also, there's still LTC and ETH. If BTC goes higher those two will also, which could dramatically increase profits.
After the U.S. remarks about cryptocurrency, I think the continual rise of LTC. ETH, and BTC is a foregone conclusion. It comes down to how the markets responded to INTV's performance and news.
Too many variables to know for sure. I think there may be dilution for another five months, but very probable that it's much less than it has been in the past. If in 6 months Bitcoin is $20,000, $30,000 $50,000, etc., then I don't think it matters how many shares are out the price will go up.
I think it also depends on how many miners are involved. If the price of Bitcoin does not go up significantly then a lot of miners will be shutting down so there will be fewer miners competing for the same coin.
madcasper you could end up very wealthy if this plays out in your favor.
Isn't the dilution base on the share price? (someone please correct me on this)
Right now the only thing I'm "fairly" confident about is the price of Bitcoin going up. If/when that happens I think the price of INTV will eventually follow. If dilution slows down and there is some news, (perhaps about revenue sharing) then the price of INTV can really move up, which in turn would decrease the dilution (if I"m correct about price dictating the dilution amount).
Lots of variables here, but those taking a chance could really benefit.
Analysys from Alessio Rastani:
I believe BTC is being manipulated down. When the time is right it will pop.