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I was of the same opinion last week and do still believe that its running hot. But I also would like to say that without further information proposing a value is impossible. The sector is moving at light speed and it could very well be possible that the market matures into SMURFs price point. Just another metaverse property sale to the tune of $4mm yesterday on Sandbox. I am not buying more untill I see a breath, but Im not looking to sell any at this point either. Im not even going to try and reel yhis fish intonthe boat. My plannis to keep it on the hook and drive my boat to shore.
CEO youtube video discussing shibu and tower. This may be a repeat post. Take a look if you have not already.
Tokens.com Adds Solana, Terra, And Ankr Tokens To Its Staking Inventory
https://aithority.com/technology/blockchain/nft/tokens-com-adds-solana-terra-and-ankr-tokens-to-its-staking-inventory/
How much relation to value of pps are we attributing to crypto holdings of tokens.com are we giving? Do we even know which coins and how much SMURF holds? What amount of speculation do we have here on SMURF? Is there a way to value SMURF at this stage. They have 70% ownership of Metaverse group. They have the $2.4mm Decentraland parcel. There is the staked crypto holdings. Do we have to wait for the next filings to calculate a solid value?
I also missed this article announcing that tokens.com is joining the 'Metaverse association' as a founding member. The level of integral involvement is amazing. I again would like to reaffirm my support for this company.
"I would like to thank the team at Tokens.com for their continued support and investment in the Metaverse Group. We look forward to deploying the additional capital into purchasing new locations into metaverse real estate. We will seek out strategic locations in the different metaverses as we deploy our capital. We will also use the capital to continue to build and rent our portfolio of real estate. These are exciting times and we have only begun." said Lorne Sugarman CEO, Metaverse Group
https://www.businesswire.com/news/home/20211004005146/en/Tokens.com-Joins-Metaverse-Association-as-Founding-Member
I guess I had missed that tokens.com now owns 70% of Metaverse group. This arrangement is a excellent benefit to shareholders. The shares sold by tokens.com used to pay for increased ownership in Metaverse group are used by Metaverse group to purchase more real estate in the metaverse. Basically an equal exchange for shares into valuable equity.
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/tokens-com-increases-ownership-metaverse-123000677.html
Metaverse group was a solid beginning strategy/investment to make.
https://tokenist.com/real-estate-could-be-outflanked-by-other-investment-assets-nansen-ceo/
Bro, Im in.
Got my position around the .60s
Its just running hot. Thats all Im saying.
Read all my posts. I want this to run. I see their model as solid. Im just saying I think the thin volume is making for a easy plow the last 2 days.
$76 I pay off my property. $435 I retire. The sooner I see those prices the better. I just have been trading long enough to know how prices move around holidays and the emotional toll it takes when normal trade resumes. Nobody wants a wall of newbs to panic and want out. Just slow and steady daily gains. A nice 1% daily compound is fine by me.
I am all for SMURF, but be careful buying in around this price. 2 low volume days and massive increase in pps. Just wait on a little bit of balance before buying anymore. Its running on air here in my opinion. Super glad to see the price, but whoa Nelly. I just dont want to see it ramp down. I like simple steady gains. Im not a flipper. The last 2 days it has been running hot in my opinion.
SMURF is really only a spec in the future for the metaverse. I am not pounding the table for just tokens.com. I am pounding the table for the metaverse.
Physical presence is the most cost heavy factor to any and all commerce. Distance to drive to location. Expense to secure ownership/use of location. Cost of materials and labor to create said 'location'. Ongoing cost to modify or update location. All are eliminated with metaverse tech. Reality is basically eliminated with a launch of a successful metaverse. Im not saying that all physical existence will no longer exist, but the needs certainly are greatly reduced. Most commerce is fueled by experience. If a platform for experience became digitized the limits become infinate.
Grayscale is giving a conservative figure in my opinion.
We are talking about an entire sector, not a singular company. In my opinion to value the entire metaverse sector would truly be a currency figure basically unimaginable. With metaverse opportunity being infinite in possabilities. There are no physical limits.
Time being the factor. A value is next to impossible to generate. I wont even try to place a price tag on it.
Even yesterdays price movement looks possible only due to lower volume pre holiday trade action. I expect a bit of retrace next time the market opens. But at this point their strategy is the same as ours. They are looking for stable maximum pps. Folks looking for entry should learn to read charts and oscillators and buy on the ebbs. Only 500 posts on the board. I am happy if popularity stays low for the time being. I am plenty happy with the current lower quantity of eyes. Everyone here should feel the same as we are in the accumulation phase still.
There have been a couple posts asking for potential pps value.
Honestly I feel as though this may have a dynamic increasing value. Metaverse is still basically only a twinkle in the corner of the eye. This young lad still has to muster up the nerve to break the ice and introduce himself to the prospective lady, then there will be a sustained period of courting and dancing to get to the point of impressing her enough to allow for the proposal and a hopeful 'yes' response. Years away from maturity here.
I know one thing. I work at a popular membership retail warehouse. We are already sold out of Oculus plus headsets. From what I have seen the purchasers have been 20-30 yr olds buying them for themselves. Its coming, slowly but truly.
Lets be honest here. Tokens is still symboled under SMURF. Its going to have to make a bunch of positive moves to eventually uplist to fully mature. Unless their plan is to look sharp for a buy out. I dont see that as their plan. I think they are going to try and get the ball all the way across and over the line. Expect strong prices to invoke sessions of share selling for aquisitions. I trust their purchases and have faith in their intentions. Plenty of equity behind their actions.
https://finance.yahoo.com/news/pctl-pleased-announce-first-experimental-185300045.html
LITTLE RIVER, S.C., November 08, 2021--PCT LTD ("PCTL" OTC Pink) PCTL is pleased to announce the first experimental evidence that its new solid form of HOCl is...
News to me. Apparently Metaverse group owns property within Decentraland.
'The Metaverse Group owns a collection of well-regarded plots of land and properties in some of the world’s most popular metaverse games: Decentraland, The Sandbox and Somnium Space, amongst others, with their global headquarters located in Crypto Valley of Decentraland.'
https://cointelegraph.com/news/tokens-com-acquire-50-stake-in-virtual-real-estate-firm-metaverse-group
TahDahhh! Introducing 'Paris Hilton' avatar.
https://venturebeat.com/2021/10/18/paris-hilton-heads-to-the-metaverse-with-decentraland-and-genies/amp/
I was incorrect and must make a correction. The festival is this coming weekend. Good news everyone, you can still attend. Now this is a different company than Metaverse Group, but still forward progress in the ever evolving world of the metaverse.
https://themetaversefestival.io/
Metaverse event this weekend. Paris Hilton and Deadmou5 in attendance.
https://www.coindesk.com/tech/2021/10/14/decentraland-books-deadmau5-paris-hilton-and-more-for-metaverse-music-festival/
Big mining farm under construction in Argentina.
https://news.bitcoin.com/bitfarms-starts-construction-of-mega-bitcoin-mining-farm-in-argentina/
Metaverse Group is located in Argentina.
Lots of potential here.
otcmarkets.com shows a better than average security than most.
I only have a modest position, but I wish I had purchased more.
Probably one of my better positions. Planning on keeping my eyes on this one and looking to increase my quantity if given the chance.
Who knows 'when' the metaverse will mature. Some say 5-15 yrs., but there was an event with big names just this very weekend. Everything is pointing to a healthy fruit on this vine.
I cant even remember what it was that caught my attention on this, but I am glad I found it.
Still looks like many dont even know about SMURF yet. I am sure folks are still in the quiet purchase phase, but lets try and get some more facts posted here.
I am wondering, being that otcmarkets has DBMM listed as 'pink current information'. From reading their policy pages. Does the skull crossbones tag stay for 30days? Is that our timeline for that to be removed?
ChuggaChuggaChugga,
ChuggaChuggaChugga,
NUUU, NUUU !!!!
"1: Earnings
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the previous two years at least $2.2 million, and no single year in the prior three years can have a net loss."
From:https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/#:~:text=1%3A%20Earnings,can%20have%20a%20net%20loss.
What are the rules to be listed on NASDAQ? To be listed on the NASDAQ exchange and reporting system, the following requirements:
Shareholders Equity of at least $2,000,000
At least 100,000 shares of public float
A minimum of 300+ shareholders
Total assets of $4,000,000
At least two market makers
$3 minimum bid price of the company stock
Public float market value of $1,000,000
From: https://investmentbank.com/nasdaq-listing-requirements/
Isnt there a 4 quarter profit requirement?
I know I already thanked this mornings sellers. I just wanted to thank you again. I am so appreciative for your lack of confidence. Thank you so much for the value purchase opportunity. Your the best! I hope your weekend is wonderful. I know mine already is. Thx
Thank youuuuuu, sellers. Just place all unwanted shares in my basket.
R.I.P. Kim Jung Un. Should have bought a Annilyzer machine.
https://www.google.com/amp/s/amp.ibtimes.sg/china-medical-team-north-korea-tv-boss-kim-jong-un-dead-solid-source-43725
Uh oh sellers yesterday... Looks like you left to early. Herd immunity is going to have a 0% effect. Oops, I got your shares
https://nypost.com/2020/04/25/no-evidence-recovered-coronavirus-patients-are-immune-who/
Many may be looking at todays candle and see a significant gap to fill. From this angle, I guess I understand. But, the gap PCTL is about to form is going to change the chart in such a way that todays gap doesnt even show up anylonger. The zoom out effect on the next jump is going to be exponential.
Correction. Orders my orders did fill, price recovered, instant gains, all is well. Thanks for the communal support. Carry on.
Nothing feels better than getting skipped on a dip. Orders in above .033, non filled on this dip.
Load, load, load
All day long
Buying up PCTL while I sing my song.
Finally filled me.
Bids getting skipped this a.m. I have 2 gtc orders priced above the ask. Neither filled.
PCTL didnt start its business because of corona. The products were being produced for a industry issue. The interest gained because of the corona panic. Nothing but improvments and progress from when I first bought in. In OTC attention spans are fickle and psycological threasholds mean something. Personally the recent action was unexpected and mearly a pleasent indicator of the eyes and interest on this. Im of course bummed to see the gains fade but I was definitly glad to see how it did jump right past it. Any long is glad to be able to buy more in the 3s.
Look at the chart going back to last years excitment. It has been building a consistent foundation ever since. I will continuously do my dollar cost ravaging(averaging) and will not sell a single share till $.12 when I will only recover my cost +chipotle.