Replies to post #56428 on Coin Citadel (CCTL)

[mick]

$CCTL VS BUBBLY Bitcoin gets long-term target of $146K at JPMorgan
Jan. 05, 2021 8:42 AM ETBitcoin USD (BTC-USD)By: Stephen Alpher, SA News Editor114 Comments

https://seekingalpha.com/news/3648768-bitcoin-gets-long-term-target-of-146k-jpmorgan

In today's episode of "life comes at you fast," Nikolaos Panigirtzoglou
and team at JPMorgan suggest bitcoin (BTC-USD) could rise to $146K if it were to match gold (XAUUSD:CUR) in terms of market capitalization.

That's a mere 4.6x the current price,
but about 35x from the level at which JPMorgan CEO Jamie Dimon called bitcoin a "fraud," and threatened to fire any bank employee dealing with it.

Panigirtzoglou stresses that this isn't a short-term call.

In fact, he says things appear quite bubbly at the current time,
and he's suggesting a sizable correction may soon be at hand.

For bitcoin to reach gold-like levels of market cap, says Panigirtzoglou,
it's volatility will have to come down to gold-like levels, and that process could take years.

Bitcoin today is about flat at $31.8K.
Bitcoin is facing some regulatory headwinds in the waning days of
the Trump administration, but it has defenders in high places.

Now read: A Bubble-Blowing, Bull Market, Blow-Off Top Phase - Cody Willard Joins Alpha Trader (Podcast)

[mick]

$CCTL READING REVIEW [OUTSTANDING]

[stervc]

CCTL**2CRSi Invests $6 Million Worth Crypto Equipment...

This is really big news for CCTL having a contractual agreement with 2CRSi considering the size and operations of 2CRSi whom is the company that provided the Octopus 1.4 servers with 2 CPUs and 4 GPUs accounting for close to $6 Million worth of crypto equipment all provided by 2CRSi. This leads me to think that CCTL could be bigger than what it appears to be right now since 2CRSi is willing to invest and believe in CCTL:

2CRSi supplies computing power to fintech specialist Coin Citadel for close to $6m
https://investors.2crsi.com/wp-content/uploads/2020/12/CP_2CRSI_Coin-Citadel_22122020_EN_vdef.pdf

https://2crsi.com/
About 2CRSi

Founded in Strasbourg (France), 2CRSi group develops, produces and sells high-performance customised and environment-friendly servers. In the financial year 2019/2020, the Group achieved pro forma turnover of €141.1m. The Group today has approximately 350 employees and markets its offer of innovative solutions (processing, storage and network) in more than 50 countries. 2CRSi has been listed since June 2018 on the regulated market of Euronext in Paris (ISIN Code: FR0013341781) and is included in the European Rising Tech label. For further information please visit: www.2crsi.com

https://2crsi.com/sustainability-by-2crsi/

v/r
Sterling

[mick]

$CCTL WE HAVE FRIENDLY CHATTER TODAY I SEE STERVC SAID AH FEW. 01-17-2021