Bitcoin Well Inc BCNWF

Trying to Staff Off The Boards But...

[ScarletSpider]

People are absolutely incorrectly looking at what is going on here. Here is what i would look at not the btc price or cryoto price. Due to a fair size Mt Gox hit as well as ongoing high inflationary pressure there is lots of downward pressure on the crypto. Word has it that btc can potentially drop below $58k off of this years high of 73k from what i recall which may have been in March. 

Here is what i would look at while the currency prices are falling and may continue to do so there is likely lots of transactions now happening so while the value of currency is going down but if there is a fixed proportioned charge as to transaction as to amounts or one fixed rate what does it matter to some degree lots of transactions are taking place that is how this company makes revenue on transactions. It is illusory to tie the value mostly on the value of btc than it is to tie it more appropriately to the transactions. 

I will go out on a limb and say there is most likely more transactions now vs at higher values because people who are panicking in the short term or dumping like mad so that means btcw should be getting more and more revenue through the increasing transactions. One transaction as mentioned was 4 million and that appears to be the outlier to from my recollection and understanding the combined amount of others totaling 2 million.

Now as people are dumping cryoto others are buying and buying massively. The so called dubbed "whales" are gobbling up btcw and crypto betting on the longer term. They believe despite the headwinds of Mt Gox and the inflation that inevitably there will be a pushback assuming 58k or possibly less will most likely be bottom for btc. I suspect 58k on the whole will be it but if below it will be quite brief. I will peg 56k as a possibility but it will likely on the whole toe 58k 

There are 2 things going for this company increase of transactions should equal more revenue despite the fall in coinage value as explained and the fact that all that will lead to a strong consolidation with the crypto being buoyed meaning it will not likely sink further and will likely continue to have a strong base and start moving up when the first rate cut in the US comes which there are now doubts of September but i strongly believe it will happen as Canada and Europe have finally made theirs and despite how robust things look in the US the fact is the costs of goods are way too high and really straining people...grocery is aweful actually so i strongly believe despite people saying the US will not cut until after my question is what are you really waiting for?

Now if they dont cut what happen? Prices of stocks and certainly crypto continues to face more immense selling pressure and we are heading into tax loss selling. Again, the issue of weak crypto prices has people fearing of geavy short term losses dumping en mass creating large numbers of transactions and btcw making more and more revenue because of it. The whales keep chewing things up the value goes up but the transactions will slow as the whales will wait for the prices to move up and strategically take profit but i suspect there will be fewer transactions unless btcw is being used where people want to put money back into custodial wallets and start trading currency again hard to say.

Bottom line this is trading low well worth buying and simply accumulating and for the rise. 

I am definitely holding my next to nothing position...if this runs i will need to restrategize which i already have i will use a quarter to a half to take money out and hold half. If it stays down .10 or less i will buy...maybe uo to as planned .125 after which the plan was not to.

Now wounded i learnt a very valuable lesson and try to hold no less than 500 shares super long term  i may have put pyr on your radar...i yapped on the mrs boards about it as well as others. I held 20k shares at height. Sold down to 3500 at break even because i wanted the shares to hit a buck they didnt. After i sold the last 3500 a year later they were $12/share. Prior to that they dropped to .16 i almost grabbed 2000 at .21 but did not want to leverage on a 3 to 1 basis from one stock at .07 which did inevitably run to $2/share that i was waiting for but i may have even sold out there too early at a buck something pyr $12. 

Here is the funny initially i averaged at .16 people slammed the company saying it was lucky to be trading at that price. I said it is a $70 stock still will but it is and has been a very tough slog. Initially the problem i saw with pyr is it took forever for the company to sell pure vaps and after they tested they only sold for 1.5 million or depending specs a bit more. I thought how on Earth would they make any money if testing takes 2 years. In time Peter revealed the smart strategy which was that the purvaps would be licensed only for specific industries so as in the case of HPQ only for silicon purposes as purevap could literally be used for as we came to learn iron pellets and other minerals. Where the brilliance is is that for every kilo or whatever the measure was there would be a 10 to 20 percent royalty and in the combined refining rate at full capacity the company off of 1 purvap could make between 100 to 200 million and that blew my mind as you have 10 companies 1 to 2 billion just on purvap. The issue is as what Peter said and lamented he said that pyr is at hyperspeed and others are walking which was and still appears to be the ongoing reality.

This is only one of 5 or so products...you have the pawd to dispose of military products, the 3D printing powders which theoretically was the bread and butter keeping faster revenue, and the plasma torches which initially was meant to handle waste but cleverly was extended to be used for tunneling. There are a few other things i know i am missing but if pyr can finally hit its stride look out!! Like i said purevap can do billions in positive damage itself.  Well woth holding.

I also blew it on exro i initially bought in at a quarter again people said it is lucky to be there. I said it is a $2.50 to $5.00 stock. Same darn thing i got impatient and averaged at .54 and sold around break even. A year or so later hit $9 or more a share!!

I almost also bought medmira at a nickel 3000 shares it ran to .89.

Then i had companies go belly up but the point is i best not give all my shares out take some profit make sure i get principle at least then do whatever. I will keep 1000 here. I actually sold for a 20 percent gain but accidently sold full out so i bought back lol. .12 to i think .16 i sold with the cost of commission it worked to about 20 percent maybe a bit less...like i said i have next to nothing shares here. But jyst imagine i held my 3500 pyr shares 12 a share almost 48k!!!

I see these in several dollars in time...looks like .45 historic high. The 200 million os will be a bit of a drag initially although not bad considering lots of companies are at 400 million if not more. In the past i avoided pennies above 120 million the once holding at 80 to 100 million is todays 100 to 200 million grrr. But the revenie needs to proportionately offset the higher os. You dont want this going much more than where it is with current revenue which is a bit of a drag on the share value. That said there is no reason for this to be lesz than around .125 to .15 range so it is definitely trading low but thats my non qualified lay persons opinion. Regardless the revenue and users are growing and leaving values of share prices aside the dynamics as to growth in revenue stated above all points to stronger not weaker share values.

[woundedknee]

ScarletSptder...Adam said he would consider a rs if and when the share price maintained 35 to 45 cents for a sustained period of time. Paraphrasing. That was before the run up to 25 cents. I like your post, although I don't understand why you think things are robust in the US. You had better have another look at that. cheers

[ScarletSpider]

Wounded thank you for the kind words and response I am truly humbled. 

[woundedknee]

A small bit of sacasm maybe? LOL All good, but sorry you feel so humble.We need more intelligent posters like yourself.

[RangerBuck]

Yeah , I'll second that !  Welcome to the board ScarletSpider!