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Bullboard - Stock Discussion Forum Bluesky Digital Assets Corp C.BTC

Alternate Symbol(s):  C.BTC.PR.A | BTCWF

Bluesky Digital Assets Corp. is a Canada-based digital currency company. The Company operates through digital asset mining. The Company utilizes specialized equipment to solve computational problems to validate transactions on the bitcoin blockchain. The Company mines digital currencies, such as Bitcoin and Ether. The Company is also developing technology services for the digital currency... see more

CSE:BTC - Post Discussion

Bluesky Digital Assets Corp > I've been following this stock and question the performance
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Post by pandsca on Jul 07, 2021 10:08am

I've been following this stock and question the performance

I've been following this stock and trying to do some high level DD, but am unable to figure it out.
I have not researched anything before 2021 as I realize 2020 was a Bitcoin mess and failure.

In Feb. of this year they announced the massive hardware deal so they could annoucne they are going greener.
Shortly after that they started their (fairly) steady downward trend and only lately seem to have slowed / (slightly) leveled this trend.
I see nothing compelling that tells me this stock is worth my money.

Is their anything out there that can convince me to throw my money at this stock?

I feel like I'm missing somehting here.
For those of you longs, what is your reason to hold?
Comment by stocksheriff on Jul 16, 2021 2:25pm
One of the insiders has been buying this up like crazy in the open market. I'm not sure if that person has a short postion of the stock or not but they have been buying all the way down. The biggest problem with this stock the no one knows about them and management don't seem to give 2 sh!ts about investor relations like BITF or HUT or HIVE. These guys need to get the word out but they don ...more  
Comment by Smiles62 on Jul 20, 2021 7:19am
You may think that buying at 0.38 was a great deal when the close is at 0.45. But look at the bids, currently at 7 am, the bid is at 0.33!!! So if you wanted to sell your 0.38 lot, you would lose 0.05!
Comment by pandsca on Jul 20, 2021 2:53pm
Actually, I haven't purchased any of this yet. Still lurking. I don't have enough faith in this management / company yet. Just watching to see who far it will go down before I see any sign of sustained upswing.
Comment by Louis5XBag on Aug 20, 2021 9:53am
This post has been removed in accordance with Community Policy
Comment by KozmoT on Jul 30, 2021 10:58am
It gets weirder... a look at Level II shows the average trade is only $1000 - who the heII buys stock in such small amounts and why are there so many? The largest single trade of the last 3 days was only 7500 shares and that had "Anon" as both seller and buyer.  Is this being marketed to high school kids that know nothing about DD and only have a few $100 to lose?
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