Post by
beauti1 on Jan 31, 2018 3:03pm
Let be honest about it
I invested in this company thinking they are making a blockchain company and also they did PP at $2.55/share. But their late investment such as blockchain mining, securing power, investing in Kodak coin... etc make me think that they are not true blockchain company but cryptocurrency company that is going to heavily dependent on the price of Bitcoin. Unless Bitcoin recovers somehow in the midst of negative sentimentality internationally I don't see this company is going to do well. Am I out to lunch? Welcome your comments.
Comment by
starman1975 on Jan 31, 2018 3:21pm
Kodak coin investment will bring them a lot of money, thats why they can make more investments. bitcoing is stable at 10000. Thats still worth a lot. The stock isn't just going to double by double ng nothing. I doubled down today. join me.
Comment by
mostwanted10 on Jan 31, 2018 3:25pm
They could easily sell the S9 Antminers for 5x their cost if they wanted to so thats value right there.. Thats what the buy it now price is if you want one on the open market.
Comment by
stockgains on Jan 31, 2018 8:18pm
wouldn't the drop in sp be partially attributed to the fact that they are planning on spinning out some of the assets thereby leaving less assets in BLOC and as a result leaving a lower valuation.