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I really enjoyed an article this week on Gensler about him trying to protect the "Retail Investor" in the crypto world... I am assuming the same way he did in 2021 when he opened the floodgates to MM's completely screwing over the "Retail Investor" . He is the root of the most problems we are having in the OTC, he only truly cares about the big boards and he is the reason Bitcoin has been lagging. His time is limited and his replacement will take everything to the next level IMO. Yes Mr. Rice needs to get all his irons in the fire and get CGAC back to respectability - many of us have lived through GP , CC and we know it is not out of the realm that they left a mess and I am confident Logan will push through this. Once we know the details, it is possibly the R/S , the non execution of remaining miners to be purchased, the additional accountants have all been needed to get past this "note issue" . I myself will give Logan the benefit of the doubt here.
Run Forest Run...
Keep up the good work Stinger, glad you have Logan's ear and myself and others appreciate the info you share. There's always going to be some "whiners" , my advice is ignore their comments or start serving a platter of cheese with your post... Thanks again.
Always happy to hear someone is making money.
The entire OTC is a crap shoot, you have been around long enough to know that. I look at pennies stocks as lotto picks and you only have to hit it once.
He's busy on other sites... I honestly think he has a strong dislike for Carlson . Each to their own I guess. I hope Logan is getting closer to clearing up the merky notes in play, looking forward to seeing what this was all about.
350k in mined coins, not unreasonable?
Sadly many have already forgotten and sadly "History" will likely repeat itself with the open borders that so many embrace.
I'll buy the ones they want to part with... VTXB is worthless with just a handful of miners unlike CGAC. Yet is sitting at .0004, our day is coming!
Nice work Stinger... it will all be water under the bridge soon.
Doubtful he has alias... He may read some post, who knows... us shareholders are small fry to him, his private investors are the only ones he would get concerned about. JMO
Sure is Stinger... Still think we will be okay in the end. Too much money here for Logan in the future which bodes well for us!
Wouldn't know how to do it myself, but you put it out there and I will sign it!! Probably many others here as well...
Interesting buy at 10,000,000 this morning... Yield sign up,but movement in OS. Saw a milly add at 2 as well
Agreed
In my opinion it's a good thing to see a change as it shows things are moving forward. With SEC having their thumb clamped down on CGAC right now convinces me that the CEO is walking the straight and narrow . We will know all of this soon enough! Once again, IMO
Read that yesterday as well... BTC may be stalled right now, but once it gets going again it will show it's strengths as it is King. Logan "Had" a good plan going in, just not sure where he got derailed. There are a lot of positives in the crypto world that will be showing up soon.
Wish my 0001's would fill
How about sonny boy? lol
Of course it has relationship to Bitcoin...It's a Bitcoin Mining Company. If he ever gets this note BS straightened out, it will increase as I think this has been an issue all the way back to May. "hence the silence"... JMO Son
It will happen... I would like to see it hold 70k in near future as we had all bought into the 100k hype. It's coming!!
How much you losing in this ticker? Nothing I assume, which makes me wonder why you are here "DAILY" ... Go troll somewhere else sonny!
Newsflash ... I first bought in at 0014, bought it down to lower PPS average and when it started to run myself and several other longs were hitting ask at 12 to try to sustain the run. I have never sold a single share, not one, as my exit ramp was much higher than it hit. I don't think you know me as well as you think.
What's your accusation here Marcis?
There are many bills in congress right now being worked on that regard Bitcoin... One is for the Government to buy 5% of BTC and hold in reserves. Miners have a great future and once Logan gets this thing steered back into calmer waters I truly believe us SH will reap the benefits or I wouldn't have a GTC sitting in my Schwab account waiting for the foolish to start selling 1's.
I always tell my friends and family to only invest with what you can afford to lose...same goes for crypto!
I feel like there is a bit of a mute button imposed by SEC on Logan as this is sorted out. I am not a brown noser, but am quite impressed he was up front with GMS on the "past" note issues. It will all come out in the end and it's possible that some of us will be eating a healthy plate of humble pie... I went into this calling 2025 my money year with my stocks and crypto holdings and am still feeling like I will make money on this in 2025. Here for the long run...GLTA !!
Damn straight Tech!
maybe my 0001's will fill yet!
My guess is longs will wait until they can turn profit and add here and there when lows can pull down their average!
Maybe my 0001's will fill while we wait...doubtful
last true bull run was 2021
One positive for CGAC'ers is OTC has yet to hit Bull Run. We ALL know anything can happen in a BR. You remember INK W in 2021. Just takes some decent numbers and Bitcoin on the rise to create FOMO in those runs. We can only hope!!
That would be nice...come on Logan, show us some transparency my man!!!
And that will deter me...lol
Call me stupid, but when my funds clear I'm going after the 1's... will lower my average to 3 or less. Might as well roll the dice "One More Time"!
It's needed... If they don't cut rates soon economy is going to stall hard...IMO
Dow's down, everything is down...but hey, the economy is improving, right Brandon!
ETF Outflows
The two aforementioned reasons actually relate strongly to this one. The reports of a weak US economy and the uncertainty around the Federal Reserve’s actions have scared off some investors, especially larger ones – those who tend to use ETFs to get exposure to crypto.
As reported on Saturday, the outflows from the spot Bitcoin ETFs skyrocketed to almost $240 million on Friday – the highest in about three months. The withdrawals from the Ethereum ETFs continued to be in the red for a second consecutive week.
The ETF flows have proven in the past that they could have an immediate impact on BTC’s price, especially the outflows. Consequently, they could be a major reason behind the asset’s fall to and below $60,000.
Great post as always ARM... frustration has built for a lot of investors and a bit of venting has been happening. You are correct as I too never bash on exit, but I will admit I get a bit more vocal when a CEO of any of my holdings is not transparent. He could end all of the anxiety for the holders by opening the lines of communication. If I thought he was working hard behind the scenes I would hold my tongue, but when I don't see miners being added and everything holding status quo with absolutely zero news, I get concerned. I will continue to hold and see if Logan surprises me as the alternative of hitting the sell button for a loss is a lot less appealing... and to think I was up 300 percent months ago, lol.