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Friday, April 26, 2024

Comment by phil

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  1. phil

    IPOA/Pat – They have no real record.  I don't know them but it's kind of where PSW Investments is going when we go public – but hopefully with more of a balance sheet and better cash flow!  I'm not sure where you're getting information from but what I see is very sparse.  

    GRE/Jet – Ouch, you just made it drop to 0.000560!  3 Satoshi, I guess.  I'm sure it's just priced on the last trade but, obviously, at 0.0008 I'd be selling and at 0.0002 I'd be buying.  Bottom line is, for us, we bought 4 BitCoins in PSWI for $2,400 and we used 2 of them to convert to 150M GreenCoins and now those are worth, even at 0.0002, $30,000 and we sold 1 BitCoin at $15K and we're waiting to sell the other one.  It's all just silly but we think it's possible to get them up to a penny over the next year and, if we do – we make about $1.5M, so worth a toss.  Not sure why you say the best you can sell it for is 1 Satoshi when people are actually paying more for them – they must be buying them from someone, right?  You can see the transaction log.  Seems like YoBit is where you get the better prices but much less volume.  

    As to quoting, I just quote whatever this says:  https://coinmarketcap.com/currencies/greencoin/  It's what most people use so kind of standard.

    Hopefully some more ETFs will open up and just start buying coins.  That would be a real jackpot for cheap coins in the Top 100.  Dogecoin is ranked 18th in volume but is only $0.003341, CrevaCoin is 49th and $0.000879 and NewYorkCoin is 81st and $0.000025.  NYC is just $6,966 in volume, won't take that much for us to push GreenCoin up the list.

    /NG/Jasu – Really awful today but strong Dollar is a good excuse and dragged wdown by big fall in oil.

    Legalizing/Naybob – Amsterdam ran that experiment decades ago with all drugs.  Worked out fine.  

    A little selling pressure.  /YM is a fun short below 24,550 with tight stops above.



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