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Very honest take on the issue. Quite surprised a bank would seem to realy get it. That means adoption is even closer than thought. Great for BKPPF
True that!
EoD in the mid 50s. Volume a tad lower than normal.
That's right. 9.4mil bought to 8.7mil sold
WOW! GREAT POST! Yeah that's right, let's not lose the forest for the trees. The $BKPPF offering is way beyond the price action of Bitcoin. It's about the power of the tech to literally change the world.
Well it's only the TG12 mining subsidiary which would be most concerned with a break even price on Bitcoin. And that $8k figure is just according to Fundstrat's analysis as reported by CNBC.
$BKPPF greatest profitability IMHO lies in thier ability to get in on presale ICOs not available to normal investors and thier investing in young promising blockchain startups. Whether Bitcoin goes up or down these other initiatives have literal 1000X potential and that's not at all and exaggeration if you look at the brief but powerful history of the Blockchain sector to date.
He's a little sloppy with details for an admitted shorter. Maybe he should check his account and see if he got a margin call already. LMAO Short Squeeze Coming UP!
$PAOG anything under a penny is a present with a ribbon on top.
When you couple this with the financials it paints a clearer picture. Less than 12 month of operatio yet multiple locations opened in 2 keys states and over $400k in revs. It's a great start with massive upside potential.
"Companies that sell the specialized mining chips may have more leeway. The Morgan Stanley model estimates an application-specific integrated circuit, or asic, vendor would break even over two years if bitcoin traded near $5,000."
So the vendors are the ones selling the chips to the miners.
Catalyst should come soon.
Ok yeah we are looking at the same info. Thanks for the response. Heres how I read the article: Yes the antminers are ASIC miners and what BKPPF has as a subsidiary is a "Large Scale Mining Farm" so even with a low price of electricity these analysts are estimating Bitcoin needs to trade above $8600 for break even. (Bitcoin has been trading around $9000) so it would be nice if the Bitcoin price went definitively farther north to give us some cushion.
The "ASIC Vendors" are the people like TSMC who manufacture the special chips to sell to the miners. Thier breakeven price to be in the business of selling the chips to miners is Bitcoin at $5000. Presumably because many miners will persevere even when the price is down in the hopes it will go up. $BKPPF is not making the chips, they bought from the "vendors" to be miners.
Eaxctly! The chart has been gaining strength over past weeks even though we've had no PR since April. I'm anticipating this next official update on the 2 new clinics opening will really set the fuse to the PAOG rocket. Great window to pad the portfolio with some more subpenny discounts.
When I researched it several articles out there recently are quoting Fundstrat's number of $8038 as a break even point for Bitcoin miners based on kilowatt electrical prices averaged worldwide. Bitcoin has been currently trading around 9k so not much above breakeven when you consider that electrical costs are not the only overhead costs (though definitely the highest). So it would be good if we had a North of $10k BTC price break. All that being said this is not the first time BTC has traded at breakeven mining prices. It did so in 2015 for awhile too and we all know the story turned into very good news from there out. All in all I'm very Bullish on Bitcoin and mining longterm but it's difficult to know where it will go short term. The mining space is still a fantastic mid to long term play IMO. The nice thing about $BKPPF is the basket offering means you are bound to experience upside even if a space like mining is moving sideways for a while.
Really? That would be excellent. Do you have a link?
It's a major psychology of price breakthrough. As we sustain above a penny it could even mean we're on the road to an OTCQB uplisting which would be huge.
Nice pre lunch volume here. Looking to.go back green after lunch.
When we cross the penny resinstance we should shoot higher on some coiled momentum.
Looks like another high volume day brewing. First volume then price for this low Float darling.
If Bitcoin can sustain above $9k and make that $10k break soon, and with each passing day it looks increasingly likely, it will mean early Christmas, Hanukkah, Kwanzaa and a Happy New Year for the BKPPF crypto mining subsidiary.
Crypto market showing signs of sustained recovery. Bitcoin right under f9k. LITECOIN gathering strength at $152 and Holy Cow Bitcoin Cash hovering around $1400. Crypto is crazy volatile but my goodness is it resilient. In the end you just can't hold back the future. $BKPPF is in the right sector.
PAOG LOADING ZONE
PAOG short squeeze play let's go! ;-D like taking candy from a baby
Nice start on decent volume holding strong BKPPF.
Whether they are locking down corporate ownership of the PAOG offering or buying out more successful clinics it's good news for investors.
Not sure that comparing 2017 Q3 to Q4 is the best metric for evaluating PAOGs strength. I'd say a far more telling metric is to compare 2016 revs to 2017 revs.
2016 $0 revs
2017 $417k revs
I'd say that and the activity of Q1 2018 is far more telling of the overall trend here.
Let's not miss the forest for the trees.
It's truly an amazing development for blockchain tech. I knew it was coming but I'll be honest I didn't think it could happen so soon. Then again Sweden has always been on front of the curve in revolutionary tech adoption. Fantastic development for $BKPPF
Getting in on the Shopin presale ICO for $750k was a stroke of sheer genius on the part of the BKPPF exec team.
BKPPF is like having your own secret passageway for a retail investor to access institutional mega profits in the blockchain sector.
The impact of the $PAOG corporate office buyout program of affiliate locations is to galvanize the investor base with the strong display of executive team confidence in the PAOG offering.
BKPPF getting ready for a run!
Hello Mainstream Blockchain! Amazon creating an platform to allow programmers to build a new currency/app on existing Blockchain's in a matter of minutes. This kind of access great for $BKPPF
https://techcrunch.com/2018/04/22/amazons-new-blockchain-service-competes-with-similar-products-from-oracle-and-ibm/
Swedish Central Bank jumping on the cryptocurrency train. Hello mainstream adoption! Great for $BKPPF
https://www.thelocal.se/20180313/swedish-cryptocurrency-could-be-coming-soon-but-cash-is-still-needed-riksbank-boss
$BKPPF looking good for .60 break this morning.
Low Float Play here, the best kind of subpenny play.
*TIMING IS EVERYTHING* this goes for PAOG as well. Some things driving the buzz here at open:
-well recieved annual financials released just last week
-2 more new clinics just opened.. Expecting some officials news on that in upcoming week
-financials revealed float is only 185mil, much less than expected
-recently unveiled corporate office buy up initiative of affiliate sites driving investor buzz
-revenues up from year to year
-Penny break is within spitting distance.
All in all looks like a perfect setup for a Big breakout this week for $PAOG
Anticipating that Penny break around the corner. If we hit it this morning and sustain I wouldn't be surprised if the MOMO carried us to a multi bagger position just today.
Looking forward to an epic week for $PAOG.
*NEW TO PAOG?* maybe you're wondering why so much buzz on this board? This is not just random overactive hoopla. If you stumbled upon this board you are fortunate to have just caught a huge play in the making at the right time. I can't do your DD for you but here are a few things you might want to examine for yourself:
-well recieved annual financial released last week shows nice spike in revenues.
-corporate office is buying out affiliate locations
-2 more locations are just about to open, expecting more news this week
-we are sitting on the cusp of breaking out of subpenny land. Check out the chart action
-185mil float. She's a mover!
-consistent increasing volume
All factors point to a BIG week. Don't say I didn't warn you ;-D
2 new PAOG centers opening up right before 1 penny break is ridiculously good timing.
Lots of indicators lining up for PAOG this week. A perfect storm brewing that all points to blue sky breakout.