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Read posts 24765, 25014 and 24033 and give thought
This was one last gasp effort by shorts. Short covering begins soon. Recovery should now happen through out the day
Fear and Greed. Do not be fearful - Look again at your DD Do not be greedy and hope it goes lower - this is a terrific entry point!
Shorts must cover VERY SOON! Announced merger before end of year. Watch when shorts have to cover then we will all know what the word UP really means
Last of the weak hands being shaken out. Up is right around the corner. Hold the line and stay the course. Keep calm
Read posts: 24765, 25014, 24033 LOL
Evidence? Proof? LOL
If a small profit is what you seek- well then ok. Selling early and trying to sneaking in and out (unless you have a crystal ball) maybe the costliest mistake of all
NOT TRUE! READ LOI! Merger around the corner!
I disagree - Allen stays. Blockchain field is short of expertise. Allen has a lot to offer. Contacts and expertise makes him valuable.
Mr. Krabs - I absolutely agree with everything you said. Merger is win win for both sides and I do believe that it will happen. It's just that BTCS's share (25% of merged companies) should not be split 50/50 between commons and Allen. If BCG accumulates majority of commons then they can approve any merger deal struck with Allen. We all know that this stock has been manipulated for a long time. It hardly makes sense to sell short (a stock whose merger deal could happen at any time) and take that kind of risk just in order to make 10%. Seems like all of the time spent and deep pockets needed to accomplish what we have watched has a deeper explanation
BTCS is absolutely not a scam. Merger with BCG is a very good event. BUT distribution as described presently calls for Allen to get 48% and the rest of us common holders the balance. IS THAT REALLY FAIR? Allen should be fairly compensated, back wages should be paid (if they aren't already) and if BCG thinks he should be compensated with a very large amount then 75% should come from BCG side. Not fair! - in present merger form it is virtually 50/50 our split with Allen
Sorry Biovest but I believe you don't get it. It is more likely then not BCG is selling short (borrowed stock) to drive stock prices down in order to pick them up on the cheap then accumulate for the purpose of obtaining majority vote to secure merger points they want to happen.
Those 22,000 bitcoin do have some clout. Thought you said in post 25014 that you were selling the 500 shares your wife owned @ .125 and then you were leaving. What caused you to change your mind?
True Biovest but BCG still can attempt to purchase majority of BTCS commons (at a very low price) in order to have majority vote on present merger points
Amazing what can be done with 22,000 bitcoin backing - will explain later
Love the PAIN ! Hurts so good!
It was a very good day here today - for that and many other things - I am thankful
I would gladly give up some of today's gains if post 24765 proved to be true
Thank you Watcher - I sure do wish though your unemotional analysis would say at what point a pig turns into a hog -LOL
Watcher - Thank you. Do you feel the blow off will be similar (percentage wise) to BTSC (provided there is no news) and then reversion? thanks
Hello Watcher - Do you still feel there will be a mean reversion or is there a better chance that it will go straight up like BTSC run ? Do you feel the reversion (if it happens) will be too brief to capitalize on or chance it's even happening? thanks
Very temporary manipulation has kept so far today to a 7% increase. But don't worry temporary is almost over and those huge gains you are expecting are right around the corner
Board Warning - If you sell on any 10% run up you greatly risk losing the real chance for a 10 bagger on the UPSIDE!
You mean they will relist at higher exchange listing when merger takes place and the price hits $5 +
We are all pulling for you to reach that number!
BCG is buying that which will soon make them one of the best teams in the business! BTCS, Charles Allen, US Board listing, David Garrity etc.etc. You are right in saying they will be one of the BEST teams in the business!
I agree with Biovest's first sentence "This is the week it all ends" IMHO Now we move upward! Looking for a powerful upward climb. Staying the course soon pays off - patience has it's rewards
See ya
DOA = Dramatic Outstanding Advance
Fake little bird news!
tjc222 To be honest, I don't think it matters one little bit if the price is .07 or .09 or.12 or .15 - If the merger happens then starting at any of those numbers will be meaningless to where it eventually goes.
Cooperville - I believe you are right that we are far better off with a merger - just watch the price if/when the merger happens. But that also means that the merger value is not presently baked into the current price. Mass exodus from a blockchain involved company that has no debt and millions in hand? How low could we go (today we are only at .105)? Many I believe would stay out of curiosity and speculation. I think alot of future information would need to be presented with such an announcement. Hopefully business contingency plans have been discussed and with David Garrity's contacts (financial/business wise) that such an exodus wouldn't take place and there would be a future
Watcher - I am fascinated and appreciate your generous sharing (tis the season) One question about the reversion please: the mean of which you speak, it is the number (yet to be established) whose point will be between the beginning of the accent and it's completion correct? Thank You
Watcher – I'm very impressed ! Are you saying approx. .22 then approx .15 then perhaps 1. + ? All caveats, disclaimers and possible adjustments understood. Thank You
I believe (and hope) that positive merger news will be announced soon also. The main reason for my optimism (along with all the good reasons for a merger) is that I feel if the merger deal was going to have fallen apart then it would have happened much earlier then now and that news would have been out. The fact that there is no news seems to me to indicate that time and money continues to be spent on bringing the merger to a positive completion and to the benefit of both
OKC is right - without a merger in place the value of bitcoin means nothing to BTCS stock price and should have little to no effect on it. -BUT- it is fun to get a little excited if bitcoin keeps rising because IF merger does happen then BTCS will have 25% of Blockchain Global which has LOTS of bitcoin
I have been holding BTCS for some time now. It truly has gotten to the point that after following it - I only smile when it goes up or down a few cents and say to myself- there the manipulators go again. Not One thing has changed since day one! (great reasons to buy and nothing changes that without news) The risk (average at best) certainly is justified by the potential reward (possibly tremendous). Let the games be played until the package is opened (merger news) Fear is no longer a factor at all. I am and will stay the course. My bet has been placed, I have taken my seat, I now patiently wait and believe I will be rewarded to the point that I will be extremely glad I did.
Until news - No news is good news! I can't believe if news was negative that we wouldn't have heard it by now. No news means time and money continues to be spent moving forward. Can't imagine the time and work involved in dotting I's and crossing T's. Just think of the time and work necessary to close on a home mortgage alone. Daily movements by a couple of cents means absolutely nothing at this point. As investor 2004 has pointed out - worse case scenario- BTCS is debt free with millions of dollars in hand in a field with unlimited opportunities and David Garrity on the board of directors. Those facts create a safety net for our investment. Mr. Garrity is extremely capable, innovative, very well connected and I believe will successfully assist in bringing us a big win. Hold the line and stay the course.
Now this mornings gap up has been filled. Looking for a powerful steady rise from here. No cries of "gap has to be filled" can be made. Only cries now will come from shorts