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You simply see this as a bet on election results ? Perhaps that perception is misguided
100% FUD from August 4th, everything since then has been fake news. The facts are much different than being reported. In fact the politico report used a bit from 2014 to claim that the pebble project was cancelled. That was false reporting, just a game to them. I'm with the theory that everyone is talking this down to get a good price before lift off. We could see $2.09/share -> $5.29/share on positive news and events. The gap to fill is up ^
Citron was on CNBC last night calling short $GBTC and all the BTC stocks... So I wouldn't be surprised if this is just a reaction to his appearance on TV:
Please share the text that specifies this
That's pretty dope dude... Keep up the good work
$PTOP ... Pop! %$$$
Latest 8-K filing. Bonus for merger / assets
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On December 14, 2017, the Board of Directors (the “Board”) of BTCS Inc. (the “Company”) agreed to pay Charles Allen, its CEO, and Michal
Handerhan, its COO, cash bonuses of $75,000 and $35,000, respectively, or collectively $110,000 for fiscal year 2017. The Company further agreed to pay Charles
Allen and Michal Handerhan contingent cash bonuses of $175,000 and $75,000 respectively, collectively $250,000 (the “Contingent Bonus”) which will be
deemed earned on the earlier of i) the closing of a merger approved by the Board, ii) the closing of one or many financings in 2018 totaling over $1.25 million in
gross proceeds, or iii) the Company having cash and digital assets valued over $1.5 million. Provided further that the Contingent Bonus if deemed earned will only
be payable if the Company has at least $1.25 million in cash and digital assets prior to paying the bonuses.
The bonuses were approved by the disinterested members of the Board at a Board meeting where Charles Allen participated but abstained from the vote.
Michal Handerhan was not present at the Board meeting and a quorum was comprised of Charles Allen, David Garrity and Jonathan Read.
Do you know the float for $INVU?
$RCON These guys are an actual technology company in the gas and oil industry. The pump in Nexus, regardless of it being "fake news" shows the potential for an actual real listed company such as this one to move into the Blockchain with success.
At the upper daily pivot. If we can breakout .31, the sky is the limit...
.25 Breakout !!!
Clear as day bounce off of lower pivot and the 15m 50sma, H4 legacy ema. At the upper pivot now break of .25 sends this to who knows where...
This is not my first rodeo, but you are acting like it's your first.
Charles told me he will aim to have $BTCS uplisted to Nasdaq when it meets the requirements for uplisting. Here are the emails I received regarding anti-dilution, BCG merger and uplisting back in September 2017:
BTCS upcoming projects
Investor Relations <ir@btcs.com> Fri, Sep 1, 2017 at 3:36 PM
To: xxx
As soon as we meet the listing requirements for the NYSE/NASDAQ we intend to apply.
Charles
BTCS Inc. (ticker: BTCS)
Blockchain Technology Consumer Solutions
phone: 202-430-6576
e-mail: ir@btcs.com
www.btcs.com
--------------------------------------------------------------
BTCS upcoming projects
Investor Relations <ir@btcs.com> Fri, Sep 1, 2017 at 2:52 PM
To:xxxx
xxx
Thanks for the email and sorry for the delay. We are currently working on raising additional funds and seeking a waiver of anti-dilution protection from our past investors so we can pursue the recently announced merger with Blockchain Global (BCG). While we can provide no assurances, or guarantees we'll be successful in our efforts to raise additional funds or close the merger with BCG if we are we'll communicate it with our shareholders. I encourage you to review our SEC filings in connection with a potential investment in BTCS and ask the company for clarity on any questions you may have. Further, you can set up an RSS feed at SEC.gov and get alerts when we have updates.
Charles
Lastly please familiar yourself with our SEC filings so you have a complete picture of our company and ask questions if you require clarity.
BTCS Inc. (ticker: BTCS)
Blockchain Technology Consumer Solutions
phone: 202-430-6576
e-mail: ir@btcs.com
www.btcs.com
More news coming this week. Buy the dip.
Anyone long $BTCS here is considered an early investor in publicly listed Blockchain companies. This has huge potential. Buy & hold.
Look at what happened with Nexus Oil & Gas today $IBGR. Imagine this company announces a Blockchain investment. With a low float like this, it could soar like $LFIN... Long $RCON
Quick follow-up from Charles regarding uplisting:
BTCS upcoming projects
Investor Relations <ir@btcs.com> Fri, Sep 1, 2017 at 3:36 PM
To: xxx
As soon as we meet the listing requirements for the NYSE/NASDAQ we intend to apply.
Charles
BTCS Inc. (ticker: BTCS)
Blockchain Technology Consumer Solutions
phone: 202-430-6576
e-mail: ir@btcs.com
www.btcs.com
Citron is scum. They had a huge short position, advertised it, short sellers piled on to the trade and caused capitulation. They should be sued by $GBTC and their investors. My logic on $GBTC is that equity investors who do not want to purchase BTC due to regulation were looking for an avenue that they could use to purchase BTC indirectly through their IRA's. That proves that the demand for BTC is far greater than any of the foolish talking heads could ever imagine, and when the credit bubble bursts where do you think all that money is going to go? Just look at Venezuela, Japan, many other countries who are adopting BTC. They sky is the limit and to be honest at this point BTC is undervalued, and the price does not equal the value of the blockchain and the utility asset that it has to offer for every industry in the world. Blockchain will flip the world upside down in 5-10 years. It will be a better place.
Just received an email from the CEO, Charles, in response to an email I had written on August 8th. Please see below and let me know your thoughts guys:
BTCS upcoming projects
Investor Relations <ir@btcs.com> Fri, Sep 1, 2017 at 2:52 PM
To:xxxx
xxx
Thanks for the email and sorry for the delay. We are currently working on raising additional funds and seeking a waiver of anti-dilution protection from our past investors so we can pursue the recently announced merger with Blockchain Global (BCG). While we can provide no assurances, or guarantees we'll be successful in our efforts to raise additional funds or close the merger with BCG if we are we'll communicate it with our shareholders. I encourage you to review our SEC filings in connection with a potential investment in BTCS and ask the company for clarity on any questions you may have. Further, you can set up an RSS feed at SEC.gov and get alerts when we have updates.
Charles
Lastly please familiar yourself with our SEC filings so you have a complete picture of our company and ask questions if you require clarity.
BTCS Inc. (ticker: BTCS)
Blockchain Technology Consumer Solutions
phone: 202-430-6576
e-mail: ir@btcs.com
www.btcs.com
Yep here it is: https://twitter.com/CitronResearch/status/903286529312751616
Here's the a $ $ hat on fast money:
'@CitronResearch slams the Grayscale Bitcoin Trust, here's what he had to say pic.twitter.com/nHRP1lGdx1
— CNBC's Fast Money (@CNBCFastMoney) August 31, 2017
I would put the number of world population invested in blockchain assets closer to .01%, which leaves you with a huge margin for growth and consumer adoption.
Citron put out a hit piece of $GBTC last night and it crashed this morning. Perhaps the only reason $BTCS is lagging with sells on the tape. Some decent bids in there still $BTCS.
$MGTI took a huge wash, and $BTCS is showing it's true strength here in the BITCOIN stock sector, with the most strength out in the sector. $MGTI $BTSC $DIGAF $GAHC =)
Bids flowing in and a .17 cent breakout!
BTC breaking new highs intraday. Buyers catching on now $BTCS
Day flippers can just go away please! There was an ETRF 300,000+ bid at .1590 @ 15:56 hours EST, 4 minutes before the close.
Putin's Aide Seeks $100 Million to Rival China in Bitcoin Mining
https://www.bloomberg.com/news/articles/2017-08-08/putin-s-aide-seeks-100-million-to-rival-china-in-bitcoin-mining
In what some have called a “watershed” moment for bitcoin, Bloomberg reports that a company co-owned by an aide to Russian President Vladimir Putin is seeking to expand Russia’s bitcoin-mining industry, leveraging Russia's cheap energy to rival China as the world’s largest mining market.
The company, known as Russian Miner Coin, or RMC, is seeking to raise $100 million in an initial coin offering, promising buyers a right to 18% of the company’s mining revenue, according to a presentation cited by Bloomberg.
I'm not sure if you're following here... All of the coin stocks follow $GBTC and not BTC. If $GBTC moves up to breakout above the highs we will see these stocks follow. At $529.oo per share, $GBTC is pricing BTC at $5290.oo, so we need another significant rally in BTC for $GBTC to breakout and these coin stocks to move up. The premium in $GBTC is priced in from here forward imo.
That's not what's happening here $BTCS... Good news on new investments will send this to the moon
A lot more room for this to move up...
$BTCS launching...
Is that larger volume in dollar terms or per share terms? Cause they are dramatically different... Anyway, let's see this stock rip already =) If you're long put your limit at the ceiling so shorts can't borrow.
It was a two day bull trap. Monday will have most longs capitulating. Those who hold will lose their investment capital. The price is looking for 1.25 or below.
Open 4.80 Low 3.61 Close 4.05 Looks like a bull trap setup to me. Gap down and breach 3.15 tomorrow.
Someone dumped over 50,000 $LKAI shares on before market close Friday 3/10/17
Market makers still playing games on this. Red flags everywhere