From the yahoo board:
Investors hub newswire article just came out today. Calling for BTCS pps: "Conservative targets of $1.50 to $2.00"
Trouble linking article. Excerpts below:
November 29th, 2017 -- InvestorsHub NewsWire -- Crypto currencies, and affiliated businesses and products are on fire currently. With Bitcoin breaching the psychological resistance barrier of $10,000.00 traders are scrambling to take positions, and or look for alternative plays that they could utilise to take advantage of this hot segment. Is cryptos a trend? Opinions vary with that one, however one thing we can all agree on is, "The trend is your friend" That being said there is currently a severely undervalued crypto play that we have recently put under review. BTCS Inc (USOTC:$BTCS) has recently made some huge moves that would not only benefit the Company, but would bring value to the shareholders as well.
BTCS Inc, has recently successfully closed on the remaining balance of financing listed in the terms to complete an announced merger with Blockchain Global Ltd. The announcement was made on August 21, 2017
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With Bitcoin recently surpassing the coveted $10,000.00 mark, and Blockchain Global at time of this interview sitting on 22,000 successfully mined Bitcoins, at time of writing the value of Blockchain Global's 22,000 coins sat at $220,000,000.00 One can easily distinguish the value this merger brings to BTCS Inc. At time of writing, $BTCS pps was way under .75 cents which we in our opinions consider that to be extremely undervalued. Conservative targets of $1.50 to $2.00 are what we are currently anticipating.
Other musings: The stock, consolidating for the past month with support at 7 cents and resistance in the 15 cents area. That’s a wide range and the stock could end up trading within it for a few weeks before breaking, only 26 million market cap. This company was formed as a pure crypto/blockchain company two years ago and makes $20,000 a month in revenue. With a signed letter of intent to buy Australian blockchain company Blockchain Global Limited, which generated $4.4 million in revenue with its crypto exchange platform, ACX or Australian Bitcoin Exchange - has close to ten million in Bitcoins thanks to a Bitcoin mining operation it owns. BTCS completed financing in October to eliminate all of its debts and clear the way to finalize this merger. Once completed it should serve as a catalyst for the stock maybe like the purchase of Tess, Inc. by Riot did for it. Speculative as hell but with all the mania around bitcoin who knows - similar to the internet stock mania where early birds made a killing.
AI
