CEO announced back in August that KASH would be mining BTC 10-15 times a day. www.youtube.com/watch?v=3StQV1Ay...
Upon deployment of an aggregate total of 11,995 Rigs, including the recently acquired 3,500 Rigs, KASH is expected to be mining with approximately 17.5 MW of power. On August 15, 2018 the Company's cryptocurrency balance consists of $2.2M CAD from Bitcoin and CAD $550,000 from Dash, based on coinmarketcap.com prices for both digital currencies on August 15, 2018 (CAD $8,292, CAD $202).
The SEC is still considering a Bitcoin ETF, cointelegraph.com/ne...oin-etf-applications
Bitcoin has been a downtrend for a long time and it's about to break. When it does KASH will go up as well.
Their is a lot of potential for this company to go on the long run. It has been severely depressed in SP but it is bound to rebound at one point. It has been unfairly treated but i do expect a rebound to .20 in November 2018.
Upon deployment of an aggregate total of 11,995 Rigs, including the recently acquired 3,500 Rigs, KASH is expected to be mining with approximately 17.5 MW of power. On August 15, 2018 the Company's cryptocurrency balance consists of $2.2M CAD from Bitcoin and CAD $550,000 from Dash, based on coinmarketcap.com prices for both digital currencies on August 15, 2018 (CAD $8,292, CAD $202).
The SEC is still considering a Bitcoin ETF, cointelegraph.com/ne...oin-etf-applications
Bitcoin has been a downtrend for a long time and it's about to break. When it does KASH will go up as well.
Their is a lot of potential for this company to go on the long run. It has been severely depressed in SP but it is bound to rebound at one point. It has been unfairly treated but i do expect a rebound to .20 in November 2018.
Trade active:
yesterday a good jump up with strong volume low of 0.05 up to a high of 0.07.
2 cent jump over 12 million in volume. Today over 4 million in volume trading at 0.065. It seems that we have hit bottom and are slowly starting to climb back.
It will take a long time but something is cooking. I was informed by others that it may be because of financial results coming up soon. Let's see where that takes us.
Bitcoin ETF applications will be decided sometime this month.
2 cent jump over 12 million in volume. Today over 4 million in volume trading at 0.065. It seems that we have hit bottom and are slowly starting to climb back.
It will take a long time but something is cooking. I was informed by others that it may be because of financial results coming up soon. Let's see where that takes us.
Bitcoin ETF applications will be decided sometime this month.
Comment:
bitcoin civil war is causing BTC to drop. www.forbes.com/sites...hit-again-heres-why/
December-January rally will bring everything back up.
Remember, Market Correction still impacts this stock indirectly.
Market correction takes 2-3 months to recover
December-January rally will bring everything back up.
Remember, Market Correction still impacts this stock indirectly.
Market correction takes 2-3 months to recover
Comment:
bitcoin lost support had a breakout fail. I'm down in my position but the stock has been unfairly treated. Bitcoin will rebound and it will have be very sharp.
If you bought in this company and you are down, i would highly suggest to average down and wait for the sharp rebound.
The use of crypto digital assets is beginning to be more common in high end firms like fidelity.
www.ccn.com/beyond-b...tody-to-more-assets/
G20 are looking showing commitment to the future by being open to regulating crypto assets.
news.bitcoin.com/g20...ulate-crypto-assets/
If you bought in this company and you are down, i would highly suggest to average down and wait for the sharp rebound.
The use of crypto digital assets is beginning to be more common in high end firms like fidelity.
www.ccn.com/beyond-b...tody-to-more-assets/
G20 are looking showing commitment to the future by being open to regulating crypto assets.
news.bitcoin.com/g20...ulate-crypto-assets/
Trade active:
www.ccn.com/vaneck-w...itcoin-etf-approval/
It seems that their may be a chance of approval after the US SEC decided to postpone Bitcoin ETF until February. I believe February 5 was the date but don't quote me on that.
The bitcoin civil war (forking) between bitcoin cash and Bitcoin is getting out of hand. It sparked the drop from the mid to high 6000's and lost our potential of bullish breakout.
Another factor to the drop was obviously the postponing of the Bitcoin ETF decision.
Bitcoin is making progress around the world and they are slowly introducing it into regulation.
Still Holding shares and i averaged down nicely. Total shares holding 120,000 shares.
It seems that their may be a chance of approval after the US SEC decided to postpone Bitcoin ETF until February. I believe February 5 was the date but don't quote me on that.
The bitcoin civil war (forking) between bitcoin cash and Bitcoin is getting out of hand. It sparked the drop from the mid to high 6000's and lost our potential of bullish breakout.
Another factor to the drop was obviously the postponing of the Bitcoin ETF decision.
Bitcoin is making progress around the world and they are slowly introducing it into regulation.
Still Holding shares and i averaged down nicely. Total shares holding 120,000 shares.
Trade active:
UPDATE:
1. Still holding 120,000. The Stock has been halted since March 28, 2019. Bitcoin has surpassed the 10k USD. KASH and Digihost are currently undergoing a Reverse Take Over (RTO) transaction. According to SEDAR, the 5 million dollar private placement is valued at $1.2 per share.
"Digihost intends to conduct a non-brokered private placement of up to 4,166,666 subscription receipts (the "Subscription Receipts"), at a price of $1.20 per Subscription Receipt for gross proceeds of up to $5,000,000."
2. CFTC approves ledgerx to settle futures in real bitcoin (this is amazing news for those who own bitcoin). One step closer to accepting and validating the value of bitcoin as a security.
3. It is anticipated that HashChain will hold a special meeting of its shareholders to pass resolutions to: (i) approve the Proposed Transaction and issuance of the Resulting Issuer Shares; and (ii) consolidate the issued and outstanding common shares of HashChain on the basis of forty (40) pre-consolidation shares for each one (1) post consolidation share (the “HashChain Share Consolidation”).
1. Still holding 120,000. The Stock has been halted since March 28, 2019. Bitcoin has surpassed the 10k USD. KASH and Digihost are currently undergoing a Reverse Take Over (RTO) transaction. According to SEDAR, the 5 million dollar private placement is valued at $1.2 per share.
"Digihost intends to conduct a non-brokered private placement of up to 4,166,666 subscription receipts (the "Subscription Receipts"), at a price of $1.20 per Subscription Receipt for gross proceeds of up to $5,000,000."
2. CFTC approves ledgerx to settle futures in real bitcoin (this is amazing news for those who own bitcoin). One step closer to accepting and validating the value of bitcoin as a security.
3. It is anticipated that HashChain will hold a special meeting of its shareholders to pass resolutions to: (i) approve the Proposed Transaction and issuance of the Resulting Issuer Shares; and (ii) consolidate the issued and outstanding common shares of HashChain on the basis of forty (40) pre-consolidation shares for each one (1) post consolidation share (the “HashChain Share Consolidation”).
Fidelity recently launched a trade execution and custody for cryptocurriencies.
Besides storing cryptocurrencies, Fidelity Digital Assets (the new launch of separate company) will use an existing internal crossing engine and smart order router for trade execution. This order router will allow Fidelity institutional customers to execute trades for bitcoin, ether and other assets at multiple market venues. While Jessop didn't say which ones, he said cryptocurrency exchanges have to comply with the same "Fidelity standard" applied in other parts of the business.
This is a big step for crypto. Having a big name like Fidelity start storing and trading digital crypto assets is a big step to regulating cryptocurrency.
If Bitcoin reaches $7000-$7200 expect KASH be trading .10-.12 range.