Replies to post #5962 on Bitcoin Services Inc (fka BTSC)

[Strategyone]

Also for the record......

BTSC is currently trading at 260 TIMES assets on their books and none of those assets are crypto currencies.

For comparison, GBTC is a trust holding bitcoins directly as it's assets and is currently trading at less than 2 TIMES assets(bitcoin valuation).

I think GBTC is over priced currently, at less than 2X the bitcoin holdings but it will definitely participate in the growth of bitcoin value.

[toproller]

Also the company did just finish settling a lawsuit so that cost them quite a bit. Had it not been there, this quarter should have been a profit. Hopefully the company will announce the purchase of more mining equipment. Its not very expensive and the return on investment for it is a few months depending on electric costs. Try comparing the press releases with the assets on the balance sheets.

[Homebrew]

Joel prefers nobody read his dismal filings. Another crypto-scam.