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Sunday, August 24, 2014 12:41:44 AM
If they owned the coin, they, the company, would be worth a whole lot more than .0009 per share.
Look back at the valuations that SOME ON THIS BOARD put on this stock when they THOUGHT that Bayside OWNED all those coins. THEY translated the value to around $1.00 per share. (give or take)
THEY said that Bayside owned around 180 Mil dollars worth of Bitcoins. Well if they don't OWN the coins, then MAYBE they are worth the valuation that they are at NOW? If that is true, then the only way they will get to .01 is to stoke the fires for new buyers to raise the PPS and then to cash in on YOUR excitement.
IMO, the best way to see if ANY stinky pinky is worth what people claim it is worth, is to TRY TO FIND AS MUCH WRONG WITH IT AS YOU CAN.
*******If you only try to find the justification for what YOU WANT IT TO BE WORTH, then you will probably will get burned.*******
http://www.marketplace.org/topics/economy/irs-labels-bitcoin-asset
http://www.sec.gov/oiea/investor-alerts-bulletins/investoralertsia_bitcoin.html#.U_fsXJKbhR9
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