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Maybe we are not at the bottom. I just have to believe we will be close soon. My biggest concerns are number of shareholders and volume. I would rather we drop more with volume then just sit here with nothing. Nobody even wants to take out the 10k asks that scares me.
I bought in at 5 cents I just had to average down. Sometimes that's the only way to make a bad call play out in your favor. Not telling you to do that that's just what I did. I played one a few years ago and bought in at 27 cents. It fell to sub penny I had averaged down ten times before it bounce back to seven cents in one day. The only leverage you have in this high stakes Pinkies is averaging down or cutting losses IMHO.
We are a long way from that I do believe. There is still a lot of shares left in the piggy bank to go around. I just would like to see a push to get this business out there. The dilution by the "investor" would hurt a lot less if One he didn't sell for peanuts and Two there where a lot more people in this. I still think it will bounce and i'm not marrying this one so when it does I'm going to take a lot out. It's going to be a rock go for a while but I believe anyone under 1 cent will be fine here....
MAXM back up the selling spree continues. That I believe is more dilution. Have not seen them pick up any shares. So were are these shares from? The Idiots would rather flush their shares out for peanuts. They are only putting 10k shares out at a time. That's to make people believe there is no resistance to make it move. All BS it's an unlimited wall. Until they run out of shares this will keep falling as they unload and the longer it sits with no buyers the more they will hit the bid. I think real buyers will only hurt us short term. let the MM's sell it down....
Waiting the volume is dead. Nobody is interested in this stock except the ones that already own it. It might go lower. I would have to add more cash to buy anyway. Need to see a load up to get me excited. Just cant believe it will stay here much longer???? Seems like a perfect storm. But with no promotion of the stock by the company its just sitting and falling. No mentions of this ticker anywhere but here. I don't think they even know about us. This is the craziest thing I've seen. Wish we could get a promo company or something but instead the CEO just complains about the price. Does he even know how to run a business? Or is this just his piggy bank? Crazy....
just like to see 4-5 cents on this one....
hope so. Got 10 grand in this play that's a lot for a penny stock.
They probably don't want any shareholders there???? I TOLD YOU ALL THE OTHER 2 STOCKS WOULD CRASH HARD AND FAST....GL.... Lets hope some of them profit takers jump on board here..........
I going to make a big prediction when the other two tickers tank (which I believe it will happen hard and fast) All that money will flood into here. It seems to have happened a few times before. Lets wait and see....
I'm in big too. Got a pps average just under 1 cent started at 5 cents so I just need to see a nice pop to turn a profit. Just don't marry this thing you might get burned. I Recommend you get you original investment off the table a soon as possible. Then you can play around with the free shares. That's what I always try to do. Its always important not to let emotion get involved in these plays.... GLTU And yes IT's going fly again it's just a matter of time IMHO. BTCS and BTSC are junk with a half a billion shares and they have tripled in value over the last few weeks with no real Value and no news. When the MM's and Pumpers want this up it will Go. Company or not it doesn't matter.
Initial start up costs are way cheaper if you use a data center that's already in operation It would cost millions to set up your own operation.
1. You would have to rent or purchase the building
2. You would have to install Chillers and cooling towers to handle the BTU load plus sub floor and airflow units.
3. You would have to install muti legs of power coming from power company all three phase
4. U need back up power batteries, generators, and switch gear
5. U need Power delivery units (computers don't like dirty power)
6. BDU's are needed for back up power.
7. Then u need the equipment and servers to mine
also the pr states this:TimefireVR, Inc. (OTCQB:TFVR) (the "Company"), d/b/a TeraForge, today announced entering into a agreement to purchase bitcoin mining equipment to be installed for Phase I of its operational strategy immediately at Colocation Guard (www.ColocationGuard.com) in Brooklyn, NY lead by Mr. Donald D'Avanzo, Director of Datacenter Operations.
so we are not mining yet....
No I think it was probably cost. And we are not mining we just bought the equipment and set up a deal with the Data center. It shouldn't take long to get up and running though. It depends on how fast the equipment will get to site and get set up. I have never mined before so not sure of all the ins and outs on that. He could pull the hood over my eye's when it comes to mining. Just don't like the fact he tried that with the data center PR. (Which I am very well aware of). I think he was just trying to make the pr sound more business minded. Just tell us the truth without the candy coating. I got over 10k invested in this I'm a big boy I can take it.
That's what I'm saying. I'm 99 percent sure that they have a rate per racks space per month plus engineer team costs. All this should already be factored in. So I will call BS on that one. They should already know the cost on this. Also they are buying the equipment and the set-up so they already should know the cost of that. Just tell us what the cost is so we know we have to make X dollars a month to make a profit. Now if you designed the building and where the sole users of said building all these things would be a factor. But here that's not the case. The start up costs on the latter would be huge.... Just be truthful tell the shareholders you went this route because of costs.
Oh with that being said the thing that concerns me most is he stated in the PR that phase one will be monitoring A/C and electrical / mining costs?
Like I said don't understand how you can do that renting data center space?
I agree with most of what you are saying MOMO: This tide will rise. I can't help that some of you where in this from the get go and are holding a lot higher PPS then most. I get that I have been there. I think everyone is making to big of a deal on where the data center is. The data center is a separate company from TFVR. What it looks like to me we have rented space from them. The engineer already works for the data center PER his linkedin page. Don't really know the tax costs for TFVR as they are located in Arizona not NY. If you checked into the data center then you know they have muti centers in the NE. As I stated before they must be competitive or businesses just would not use them. I worked for a data center and we received business from over seas. I think you are wasting your time trying to go to the center as they all have armed security and they wont let you in. Now the questions I have are:
1. Is the mining all going to be done at the center or will it be used as a hub.
2. Is the electric figured in to the rack space rent? (because I don't really know how they could keep it separate from other customers) as A/C is pumped into the whole subfloor with airflow units and vents push it up through the racks
3.What are the tax implements to TFVR for pretty much just renting space?
would of like more detail in this operation as a whole and not be treated like a child. It appears they are just renting the space not starting a farm from scratch. Renting an engineer and not hiring one.
Data centers work more efficient in colder climate areas. One of the big costs is electricity. Chillers take a lot of power to run and they want the data center to stay around 63 degrees with low humidity. If you can use outside air in the winter months this is a real savings. all you have to run is dehumidifiers. Though land is more expensive so I don't know what the total cost would be in comparing locations. That data center has been there for a while so I'm pretty sure they have to be comparable in price otherwise companies would go else where. you can use a data center anywhere in the world to do business. What it looks like to me they are just renting the space from the data center and the engineer also works for that data center so it's probably a total package deal. although they wrote the PR like he was a new hire his man job will be to keeps TFVR's business there. at least that how I see it. They probably got a setup cost Plus x dollars a month per square foot Plus engineer/hours worked type of deal. wish I new the total cost but good luck getting that info out of the company.... that's how I would have structure the deal anyway....
Even the MM's are having a hard time with this one. that 4 mill volume Friday was because someone knew that news would break out today. how much money have they made on that???? This thing is hanging tough for weeks at these levels. I was surprised that the price didn't move up fast today. I think this is a longer hold then I originally thought but I still believe it will pay off. Holding all my shares till I see at least .03 cents. and I have enough to ride it up a long while.
This should be popping at the moment: No buyers so MM's toy with it making a few dollars a trade when a real buyer comes along....
Sucks Hire a good firm one that cant get the company out there and helps with investor relations which is no existent at the moment....
Donald works for the data center they are using. So that tells me they are using all the resources the data center already offers. This is to save money and get more bang for the buck. Now they got to get off there butts and hire a good PR firm to get there name out there. They need the share price higher to get revenue as they need it to expand. hard to generate money down here at sub pennyland. We can't take the dilution much more. CEO needs to show his shareholders he's worth the investment. Right now we just don't have buyers interested. This should be moving a lot more. a few million shares of a sub penny stock is peanuts....
"to be installed for Phase I of its operational strategy immediately"
And if you dig in to the data center site you can see they provide most of the services in this area. Don't think this a fluff PR I have dug deeper and everything seems to check out. I understand they are not physically mining at this point But it's a start. These things take time. We should get another PR in next few weeks saying they are up and running. But we will see....
Not to mention they have chosen a data center provider www.colocationguard.com they have multiple facilities in the north East.
Facility Features
SSAE16 SOC 2 compliant
HIPAA certified
15,000 sq. ft. colocation space including locked cages, open racks, and/or custom configurations
N+2 redundancy
10.15 MVA of power
Biometric/CCTV Security
Fully redundant network, power, and intelligent UPS systems
Quad redundant cooling units with down flow air
Disaster recovery services
24/7/365 in-house network operations center and customer care center
Migration planning assistance
Multiple CCTV color archived camera system with 12 months of recording history
Non-damaging waterless fire suppression system
There is a million shares sitting on level 2 up to 1 cent. Maxm is off the grid. After that I believe the MM's will Become buyers as we move up. We will have to see.... GLTY....
I disagree they have bought the equipment and started phase one. They are starting to mine. It appears to me they have not wasted the money that they have received. That's a start to show they are moving in the right direction. The problems is that nobody knows this exists as I have said before. But this is way oversold. We will pick up a few investors from this PR I think. When they show that they can mine and make a profit that will bring in more. Remember its not an easy space and Equipment and Electrical cost can soar. I use to work in a data center and I know what the AC bill alone runs.... NY is a good call for this operation because Temp and Humidity are a lot lower there for most of the year....
A ton of resistance and no buying power. it will be hard to go past .01 unless some buyer find us....
just go to otc market place at top click on real time data and pull up level 2 type in the ticker and it will show up its free....
Way oversold and hard to even find at that point. Nothing on TFVR on any investor websites except here from what I have found. The lion board had a few posts about this ticker a few days ago but no links to any other websites there either. CEO needs to get off his butt and get us out there. Bad public relations for a company that's trying to get started. I have not tried but heard that it's hard to get in touch with investor relations also. That is unacceptable in my opinion. They need to be transparent if they want real investors here long term. Until they make some moves to drive interest up it will be same old same old here. MM's running the show....
The other penny crypto/blockchain tickers are on the top search lists today. You know what that means. Sell off going that way. I hope that money head this way like before.... GL....
lol don't think there is one penny stock I've been in where someone is not saying class action. This is the realm we are dabbling in here. What would we get if we win anyway 10 bucks a piece after the lawyers eat anything they receive up. This will bounce so my advice (though it's just my opinion) is sell and get out or average down it's the only thing to do at this point. I have been playing with OTC's for 8 years now and my portfolio has about 8 tickers in it that are worthless. If you sold them all you couldn't buy a cheeseburger off the dollar menu at MCDees. That's if you could sell them. This is pretty much a new startup. Not sure of the shady crap they did with the VR side. They said the sold it. To who and how much I don't know. They might have sold it to themselves because they realized they had a product. Now if you can find that link and connect those dots. And they make money off that product. That's the lawsuit. that's one that I would join anyway. Other then that I 'm just waiting to see what happens and would be happy with .05 cent at this point. That I think is a realistic sell point. I believe it will happen it's just a matter of time. SO I wait....GLTY....
oh I though he was saying that it was him on level 2 my bad.... I see what you are saying. thanks Investor...
I saw it along with the 911 code from CANT and a 500 code from NITE But Investor said that was him. I don't know why he would put that up if he thinks its going to tank more? And why tell us it was him if the object was to fool someone???? Don't know if I believe the code theory anyway. Don't get me wrong I think there are MM's that do dirty things. But you would think they would change the Code every so often. Also Thought it was strange CDEL was on top bid and ask with huge plays at the same time today. Then he fell off bid and let MAXM take the ask. Some crazy level 2 stuff going on here.... I cant believe BTCS AND BTSC are still climbing with no real substance and half a billion O/S each. They are going to crash Big time and Fast. I got out with the last bump on BTCS. I could have made a few k more by staying. but with no real company I cut my risk. I still think this will be a lot bigger. And I Really hope them profits from those two head this way like they did last time....
IS CANT ASKING FOR HELP? 911 at the end of the ASK????? LMAO
MPID
Ask Price
Size
MAXM
0.0075
10,000
15:03
CANT
0.0076
98,911
Well folks get ready somethings in the works now we have CANT,CSTI,CDEL,ETRF all wanting to buy nice blocks around .007. CDEL has pick up some good ones today and MAXM still holding it down. It has endless 10k blocks or so I would seem. I say we see a nice bounce back in next few trading days.
road block CDEL on the bid and the ask taking control. that's a good sign.
There is no buying pressure the mm's own this right now they can drop it down and buy it back lower at will. Plus to add to the misery I'm not sure MAXM is not done diluting. Yes he's only selling 10k shares at a time but it seems unlimited. I saw someone smack that .0075 for 80k earlier with the ask showing 10k and it filled in a second. MAXM has not bought any shares that I have seen so that must be the dilution. I think that CDEL is a buyer but NITE has been jumping above or at his bids. I know NITE and they are the lowest of all the MM's shady. look at the time and sales data. Also thanks to who ever told me to look at level 2 at OTC markets its free and it helps. Never realized you could get that info there and i'm there all the time. Was paying for that info. And it does seem to update quick but you have to refresh the page.
just set an alert I cant watch this ticker anymore. its like watching paint dry. some one wake me up in a month and I will look back on this and laugh. I cant believe there is no buyers here. with all the crapy blockchain companies out there booming for over a week. no one can find their way here. only the MM's playing games and the same buyers averaging down. I'm in as far as i'll go on this one GLTY....
Yeah I saw it go up. I thought it was the start of a load up but if it is they are taking it slow. I was not looking at otc level 2 at the time but I believe it was CDEL that's better then NITE and MAXM buying it they are the worse. Both are showing up but only with 10k bids and ask. hope to see something soon here....
nice 500k buy at .0074 was that someone in here???? might be a loader.
Don't know if it matters but ETH up again today. Can we get some news here and maybe get on the radar. Are we mining yet???? CEO let us know something encouraging. Saw a post on the lion about this the other day but it doesn't look like it brought any newbies to this. They are all chasing weed tickers because its weed week on cable. This is what the market has become chase stocks by what's in the programming on your TV. OH yeah who keeps painting the ask for a thousand shares right before close? I hope that's not the MM's or the dilution machine. Painting doesn't work just let the chips fly where they may. I mean a 7 dollar trade that cost 4.95 just doesn't make any sense to me????
lol that's bring dd to a whole new level I think....