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Honestly, I believe the problem was that they missed the filing deadline and the OTC jumped all over the opportunity to throw up the CE. Based on that assumption, we need to tell them to get their dern financials out BEFORE the deadline and we can continue to watch it fly...instead of this crap.
One could only guess where we'd be sitting had neither of those two CE's happened. I'd probably be sitting on a beach.
For those of you with a brokerage that doesn't allow you to buy this stock, open an account with Scottrade and deposit cash today. It will take a week before the cash becomes available to use, but the sooner you do it, the sooner you can get in.
I'm speaking from experience as I had a fidelity account and couldn't buy any more than I already had. I bought a small mound of shares around .40 and am glad I did.
Don't wait, do it today, and you can get those September 12th dividends (and the run up to the date).
Yep, premarket is above close. Going to be a Green Day?
0 dilution. How many penny stocks have you seen make a run and have 0 dilution?
Have you ever seen a penny stock run like this without dilution? Name the company and tell me where they are today. They're probably worth more than a couple of dollars.
This stock keeps increasing because they're actually doing something and appears to be making money.
What other bitcoin stocks out there are releasing news and producing revenues?
I believe these are the reasons why this stock has been running: that they release PR's, they are creating ICO's, they are generating revenues, they're building relationships with other companies that are positioned to generate revenues, they eliminated their debt, WITHOUT DILUTION.
Maybe they aren't worth what the stock price closed at today...yet, but the stock price isn't just what the company is currently worth, it's what the sentiment of the future value of the company is worth. Personally, I don't think there are a lot of actual bitcoin companies worth investing in and I kind of think that's what everyone else that is sending this stock skyward thinks as well.
I expect this to fly again tomorrow as a "spit in the face" gesture to the CE. Maybe I'm wrong, but show me a better bitcoin stock to invest in and maybe I'll throw some money that way, but for now, I'm going to let this one ride.
So is it kind of funny that we're still .40 higher than Friday's close?
If you take a look at the MM's, there aren't really any diluters in play. If you look at the list below, there are only 3, and they're really not in play. So I think it's safe to say that BITCF has not been diluting and I'm going to assume that whenever the Q2 financials come out, there won't be an increase in outstanding shares...in fact, one would think that some people opted to trade in shares of BITCF for their XOM coin.
http://coinqx.com/first-bitcoin-capital-corp-to-buyback-shares-utilizing-the-ico-internet-of-money-xom-it-acquired-from-active-crowdsale-bitcfs-altcoin-ico-success-results-in-revenues-for-second-quarter-2/
ACAP
AGIS
BAMM
BMIC*
CHIG
CLYP
FANC
FRAN
JIMK
MAYF
NATL
PERT
SACM
UCAP
VERT*
VFIN
VNDM*
Didn't you feel us slip back into the mellow BITCF groooooooove...man?
I'm pretty sure OTC was waiting for BITCF to pass the Q2 financials deadline yesterday to slap the CE on and did it as quickly as they could. That along with the dip with bitcoin made this a double whammy.
It's climbing back up. Poor souls who sold this morning under $2. It may not hit $2 today, but by the end of the week it'll be pretty close if not well past.
Here comes 1.70
Hello? where did all the shorts go?
There's a .20 climb! Momentum, all we need to get this back to $2!
Buy vs. Sell percentage is strengthening. It'll be back up above $2 by EOD.
Wow...here come the buys. Bounce!
Someone just bought 50,000 shares for cheap!
I think there are three brokerages who won't let you buy, but it took me less than 5 minutes to open up a scottrade account. You'll have to wait for the money to transfer, but $7 trades are easy.
Yeah, you can see the premarket sells and the premarket buys, they're loading. The dip and run. Watch it RUN!
You see that blip at $3.15? Can't take my eyes off Level 2!!
I meant $2.90. Beast mode...again!
Here comes $2.80.
Ha...I've got you beat. I bought 1,700,000 shares in 2011 when I thought this stock was going to be acquired by another company...sub penny. Sold most of it a couple of years later at a loss since it looked like nothing was going to happen and was told that the new company was not going to be able to acquire the shares. I sold more after the caveat emptor showed up a few months ago.
Shoulda, woulda, coulda had enough money to retire, but we play penny stocks not having any idea where they are going, right?
Well we finally hit .10, should be hitting .20 pretty soon. Momentum rolling in, shorts nowhere to be found.
Wow 19 MMs, something tells me we won't have any problem hitting $3.00 today.
Yeah, you should short this stock today and tell us how it goes.
Ha...I wanted one of those too back in April and May. You just have to buy as much as you're willing to spend. You'll get a little scared but then you'll look at where this is going and watch it take off and then you'll be upset that you didn't buy more (I hope).
And don't worry about selling anytime soon because...
FREE BITCOIN DIVIDENDS ON SEPTEMBER 12th!!!
Bitcoin is hitting new highs as we speak...
Yeah, and I can't really see the price dipping too much between now and September 12 when they pay out the dividends. Why would anyone not want free bitcoins?
I expect the same crazy unbelievable run to continue. The same "WTF just happened"...day after day for the next month.
Keep reading...
History’s First Dividend To Be Paid In CryptoCurrency To Shareholders Of Publicly Traded Company; CoinQX to Support Bitcoin Cash (BCH); WEED ICO Completed, Now Listed on 3 Exchanges
https://finance.yahoo.com/news/history-first-dividend-paid-cryptocurrency-101800311.html
Come on SING, let's get past .10 already. This is going a lot slower than I expected.
This is crazy...
Looks like financials are due on Monday August 14th...unless they're late. Maybe they're finished and news is leaking. I love this run. Looks like it's going to pull back a bit, probably got hit with a bunch of flippers. Damn those dolphins.
Looks like a good ol' mid day consolidation...and oh, look at that, it appears to be over.
Yeah, those shorts are running around with their shorts on fire right about now. WHOOPS.
It would be nice if this stock, since they seem to be in bed with them, would climb like BITCF.
Let's go SING!
Ha...yeah that was "fun"
I wonder what happened to Lonewolf and chicohombre.
Now we need SING to catch up...or at least I would like for them to.
There it is...$1.00
Welcome to BOOMTOWN!
So the real question is: Are we going to hit a dollar today or tomorrow?
But he just hit BITCF....SMH.
I just read this, too. So I guess there's no conversion? We're just going to get a dividend and we have to have an OMNI wallet to deposit it?
I guess this is like getting company stock, which is good as it gives everyone that "buy-in" feeling.
Their address is the UPS store, which isn't the first time I've seen a business with no physical assets do.
Ride the wave! Go! Go! Go!
Let's see .10 today!
I have a buy offer in at .001, anyone think it will get filled? Awfully quiet around these parts. Lull before the storm or lull before the even luller lull?
Wow, so not much happening here. This place is a ghost town. Where'd all the excitement go?
Wow...throw away the copper, trade them in for shiny nickels today, dimes tomorrow!