RE:RE:Bitcoin Ragingoh you playing with fire thinking there wont be news on this soon and i encourage you to do your own (or at least some) DD before you get crushed, company has been quiet for a few weeks but if you read the previous news release you will see we are due for another update very soon -regarding a tolken. The problem with the masses, the conservative old folks, dont understand bitcoin cuase they cant touch it, its too "foreign" of a concept becuase they have not grown up in a digital age and need something tangable coming out of the ground to put under their pillow at night. The physical coin they are working on could bridge that gap, the same way you buy gold at a bank currently.
2. the cost of maintaining machines, physical ATM's will cut into profits for the competition. With a P.O.S system, you can be anywhere, any financial instituion could liscense this technology. 7=11 or money mart, or wall mart...it wouldnt matter where you put these things - and in a developing world, that could be a very lucrative advantage. Think of gas stations in Africa, or the Philipense having a machine on every corner selling cryptocurrencies. The partnerships potential is endless - the royalies from licensing would be massive and the percentage on each transaction could make ftec a real player in this space. You spin on that one for a minute.
3. The higher bitcoin goes, the higher the alt coins are gonna go. Not all of these machines offer more then one coin. Its strictly bitcoin focused. which is fine, but look at ethereum prices...also rising, also upside as an investment there. Selectcoin website will allow you to purchase and store any coin, and will likely offer more alternatives as they come along. Miners are buying alt coins, converting to bitcoin, so once there are mining rewards substantial enough on an alt coin, the miners will likely convert to bitcoin.
4. the bank of Canada is talking about a digital currency. Google it.
5. Physical storage, if you pay any attnetion to this space, is critical to prevent hacks once there is a substantial number of coins in a wallet. Thats why encryption keys are being used, to make sure nothing finds its way through the chain to steal the miners postion. What better way then to have a physical coin, that is encrypted and taken off line. BIGGGGGGGGGG opportunity there...you will see.
do some dd, anyone betting against crypto this week is gonna loose their shirt. Im expecting fireworks monday morning across the sector....big time opportunites in Crypto this week and FTEC is about to go on a NET CENTS type run. its coming....with this low float and th amount owned by insiders, its coming. I wouldnt be suprised if the next release indicates a pp at .70 with warrants at 1.00 to raise more cash...but ya, that would be just a sheer speculation at this point. this chart looks technically, like we will be sitting in the mid .60s early in the week, news could blow this wide open. You will see.
bridgenut107 wrote:
bludrock....this posting of yours is simply hype......why .65 why early week why should they have their own coin.....how do you put a value on that so-called coin......how do make the users of this coin determine the value of the coin....what protective features will this coin have to protect the buyers and the sellers of the coin and the vendors that will allow its use for transactions......pure spec on partnerships......pure BS on the short position since we dont know who they are and if they in fact have already covered themsleves with warrants that thy can exercise ........it is all pure nonsense.........please come back that adds to the DD for all