London bitcoin company

12 days ago

Tom Winnifrith bearcast: the Mrs reaches her Ayn Rand moment

I start with how her animal spirit is being crushed. Then it is Hydrogen Utopia (HUI) and a tale of City slackers, London Bitcoin Company (BTC) and its fiat crisis, BSF Enterprise (BSFA) and Petra Diamonds (PDL), target price 0p.

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44 days ago

Tom Winnifrith Bearcast No 1: SMTM

I am shortly off to the Union Jack Oil (UJO) EGM and AGM and to a Mouse shop. Ahead of that a few thoughts on Golden Prospect (GPM) and on London Bitcoin Company (BTC).

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51 days ago

Tom Winnifrith Bearcast: standing in solidarity with the vile, woke scumbags at Avaaz

Your enemy's enemy and all that. In today's podcast I discuss 80 Mile (80M), the lesser crested Arctic Newt, Pensana (PRE), Defence Holdings (ALRT), Golden Prospect (GPM), Union Jack Oil (UJO) and London Bitcoin Company (BTC)

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52 days ago

To do one video with Zak Mir smells like ramping but 2 in 3 days? SMTM!

The last video between paid promoter Zak Mir and the wretched Hewie Rattray of fiat strapped London Bitcoin Company (BTC) was an unintentional car crash. But three days later, on Friday, there was another one, 2 minutes 22 seconds of nothing. Two ramp videos in three days, can you smell the panic?

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57 days ago

A clown and a knave agree on how cheap a stock is – a video kiss of death

I shall let you decide who is the clown and who the knave: In the video below, the Sith Lord Zak Mir interviews Hewie Rattray of London Bitcoin Company (BTC). It is just amazing. What is jaw dropping is how the two chumps agree that last summer’s spike to 56p was both overdone and all to do with the market. Nothing to do with the utterly shameless ramping by Hewie and his chairman Big Dave Lenigas. Then... 

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63 days ago

Tom Winnifrith Bearcast: what was the point at Golden Prospect & the 2 Dave's need to 'fess

I start with what Fagash is up to today before moving on to London Bitcoin Company (BTC) and Union Jack Oil (UJO). Then its the gold price and Golden Prospect (GPM) with a few words on Legal & General (LGEN) en passant

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65 days ago

Tom Winnifrith bearcast: 2 phone calls - firework battle at Sharestock with Fagash, Gabriel the movie star and is Jubilee's Leon Coetzer for the chop?

I start with phone call one, 2 men who say they will pulverise the other at ShareStock and my thoughts on Eco Buildings (ECOB). Then Gabriel Grego and the movie.  Then Ariana (AAU) and the Chinese, to answer Nigel's point, London Bitcoin Company (BTC), Smarter Web Company (SWC), Georgina Exploration (GEX) and Jubilee Metals (JLP)

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84 days ago

Tom Winnifrith Bearcast: C'mon England Sink the Argies!

I start with world cup football plans for tonight and memories from Greece. Then monsters spoofs from cash strapped London Bitcoin Company (BTC) and Hamak Strategy (HAMA) and a strange announcement from Sealand Capital Galaxy (SCGL). If you are bored at half time YOU KNOW WHAT TO DO.

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86 days ago

The David Lenigas ramping London Bitcoin Company ( shares down 97% in a year) part 2

As I noted last week, the London Bitcoin Company (BTC) faces a fiat lack of cash crisis unless it is dumping its bitcoin fast. Shareholders who bought at peak ramp 56p last June now own shares trading at just 1.45p. And talk of ramping, boy did David Lenigas take to X to ramp away. Part 2 of the rampest is below, part 1 was here

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87 days ago

The David Lenigas tweets ramping London Bitcoin Company ( down 97% in a year) Part 1

As I noted last week, the London Bitcoin Company (BTC) faces a fiat lack of cash crisis unless it is dumping its bitcoin fast. Shareholders who bought at peak ramp 56p last June now own shares trading at just 1.45p. And talk of ramping, boy did David Lenigas take to X to ramp away. Part 1 of the rampest is below, more later

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90 days ago

Hewie Rattray of London Bitcoin and two videos from less than a year ago - boy does he look a monumental prat & arrogant young man

Shares in London Bitcoin (BTC) have plunged from 56p to just 1.45p in less thana year and, as I explained earlier, have a long way to fall further. CEO Hewie Rattray who masterminded buying bitcoin at up to $119,000 ( its now $63,500) is an arrogant young man. Watch the videos below as he explains less than a year ago how Michael Saylor is a genius with no need to hedge, Warren Buffett is an "old dude" who does not know what he's talking about and how there is no point dollar cost averaging, you just buy as much bitcoin as fast as you can. Young folks eh...they always know better.


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90 days ago

London Bitcoin Company: fess up needed on fiat crisis

On March 5 the David Lenigas spoof London Bitcoin Company (BTC) ‘fessed that it had been forced to sell 5.99 of its bitcoin to realise $474,409 to pay bloated PLC costs as well as its early stage gold exploration activities. Since then, the bitcoin price has fallen sharply meaning that the company’s 1000 strong bitcoin mining fleet will be burning even more cash. In short London Bitcoin must be almost out of fiat and struggling to pay its bills.

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99 days ago

Tom Winnifrith Bearcast: Reabold's material uncertainty today shows what a shyster David Bramhill is, the fall of Harry Adams and end game for bitcoin?

I start with Reabold Resources (RBD) and how its results show what a joke it making an all paper offer for Union Jack Oil (UJO) is. Then to Kefi Gold & Copper (KEFI) and more questions for Harry Adams who must be on his way out after today. Finally, bitcoin, bitcoin mining, bitcoin in treasury, London Bitcoin Company (BTC), Smarter Web Company (SWC) and more

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110 days ago

Am I dreaming or was David Lenigas being a bit naughty last night?

For some reason, early evening yesterday, I found myself logging into one of those online chat-athons on X hoisted by the London Bitcoin Company (BTC) with 4 speakers. One was 13 year old CEO Hewie Rattray, rushing to get the meeting concluded before his parents sent him up to beddy-byes. Tomorrow being a school day and all that. Two were tedious twerps whose names and utterances I cannot remember. Then there was chairman Big Dave Lenigas.

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111 days ago

Tom Winnifrith Bearcast No 2: Futura Medical needs to clarify its financial position ASAP

In today's second podcast I look at Futura Medical (FUM), Nanoco (NANO), Defence Holdings (ALRT), Skinbiotherapeutics (SBTX), lying and London Bitcoin Company (BTC) which sould also 'fess up on its dire financials.

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120 days ago

Tom Winnifrith Bearcast No 2: the Government's AI delusion

I start with the big announcements today: who are these fools trying to kid? Then THG (THG), London Bitcoin Company (BTC), Silver Bullet Data (SBDS) and Golden Prospect (GPM)

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126 days ago

Tom Winnifrith Bearcast No 2: Steve Dattels is back and what it says about the imploded bitcoin in treasury bubble

My focus is about the recent events at Vaultz Capital (V3TL). Its PR needs her bottom spanking for a non disclosure which would help with analysing the shares. I explain who Steve Dattels is and what his investment says about the sector and valuations. I mention en passant London Bitcoin Company (BTC), Stack BTC (STAK), The Smarter Web Company (SWC), Satsuma (SATS) and Hamak Strategy (HAMA).

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139 days ago

London Bitcoin Company – a few questions

I see that shares in the London Bitcoin Company (BTC) the box of frogs, failed bitcoin miner cum bitcoin in treasury spoof cum gold explorer run by the old rogue David Lenigas have headed back up to 2.55p.  That leaves Lenigas sitting on a 900% gain on his shortly before IPO investment and mug punters now sitting on losses from peak ramp of only 96%. Before anyone gets carried away, a few questions::

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141 days ago

Dave Lenigas X Rant against my NBF Andrew Webley

Mr Webley, the boss of Smarter Web Company (SWC) is organizing an event on May 29 in Bristol the Bitcoin Treasuries Unconference as you can see HERE. But it seems that not everybody is NOT invited to the ball…

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147 days ago

Hewie Rattray talks patent nonsense – does anybody care?

Yesterday I asked 65 year old birthday boy David Lenigas to come clean on the fiat light balance sheet at the London Bitcoin Company (BTC) which he co manages with 14 year old pipsqueak Hewie Rattray. Today I ask you to consider the most recent 29 April RNS and why Hewie talks utter cock. Well, he has learned from the master…

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148 days ago

Happy 65th Birthday Big Dave Lenigas – how’s the London Bitcoin balance sheet looking?

In the good old days David Lenigas would, as he turns 65 today, have been handed a gold watch and wished well in his retirement. Sadly, none of the dreadful companies he has inflicted on London investors have ever produced enough gold for a watch so he must plug on.  And that brings me to his latest wealth destroying disaster.

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188 days ago

Valereum and Blubird – this just makes no sense at all and is surely rule breaking?

On June 3rd 2025 Valereum (VLRM) announced that it was to purchase a minority stake costing it $2.5 million in a Delaware based Saas business Blubird Global Inc. It was to buy its stake in tranches with the first cash paid upfront and  “the remaining tranches expected to be completed by September 2025.” So far so good.

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203 days ago

Nigel Farage and the Kwasi Kwarteng Stack sham raising another two million quid – Nigel is financially raping his own followers

I put this article outside a paywall as a service to Reform UK voters – your leader is leading you up the financial garden path and it is you who will pay for this with your own hard cash. I am no swivel eyed Remoaner. My grandfather, Sir John Winnifrith, spoke publicly in the 1975 Referendum arguing we should leave the EEC. My uncle, godfather and mentor Christopher Booker was dubbed “the grandfather of Euroscepticism” by Farage himself.  Euroscepticism is hardwired into my DNA and, until now, I would almost certainly have voted Reform in May. But Farage is behaving like a rotter.

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210 days ago

The OTCQB liquidity lie: just look at the hard data, 25 of 31 zero trades yesterday

There is a fellow called Jonathan Paterson of Harbour Access who assists companies to get a listing on the US OTCQB markets. There is an upfront free and then an ongoing cost but the 30 UK listed companies that have ponied up all insist that it will give access to US investors/create liquidity etc. But the hard data shows this is absolute bollocks. I doubt yesterday was atypical.

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213 days ago

A Rebrand for David Lenigas and the London Bitcoin Company

Thanks to reader K who supplies a new logo and suggested name change for the London Bitcoin Company (BTC) run by spoofer David Lenigas following news last week that it is having to start selling sone of its e-tulips at a huge loss simply to pay some of its fiat bills and keep the Fat Lady at bay.

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216 days ago

Tom Winnifrith Bearcast: A CEO who has not told the market he's quit, questions for two Dave's and why not call the Bloomberg Ethics hotline

Bloomberg has not got back to me as I have exposed how its reporters, notably Meg  Short, defamed me with smears supplied by hired goons Nick Leeson and Seth Freedman who were paid to "destroiy TW" by fraudster Paul Mathieson.  So if you are bored why not report Meg to the Bloomberg ethics hotline HERE.  Then I have questions for two Dave's: Richards at Lift Global Ventures (LFT) and Lenigas at London Bitcoin Company (BTC). I am shattered and now off to bed.

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225 days ago

London Bitcoin Company – how about a FY trading statement clarifying solvency? Or lack of it?

The year end for David Lenigas spoof the London Bitcoin Company (BTC) is February 28 and so how about a year end trading statement because: here’s the thing, with bitcoin down to $63,000 how on earth can Big Dave pretend his company is truly viable. The shares were 56p at peak ramp last July but are now 2.05p. My target is 0p. Let’s start with Michael Burry of “The Big Short” fame!

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226 days ago

You could not make this up – more SLAM DUNK LYING from London Bitcoin as it diworsifies

Surely the clowns from London Bitcoin Company (BTC) are worth backing in our latest prize contest after an RNS today which combines LIES and diworsification

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229 days ago

Tom Winnifrith Bearcast No 2: is Blue Owl v2 Bear Stearns and if so when is the Lehman Moment?

I start with Blue Owl and the mega bear case for the market, especially tech. That brings me onto bitcoin and a deep dive into FY numbers from the Smarter Web Compay (SWC). En passant I mention London Bitcoin Comany (BTC) amnd Hamak Strategy (HAMA)

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237 days ago

Should this not be an RNS Wishbone? David Lenigas shows no self awareness as he takes to twitter

On 25 September 2025 the price of gold was $3756 oz. Today it is $5,076 oz. Most gold stocks have made decent to spectacular gains thanks to that. But shares in Richard Poulden and David Lenigas promote Wishbone Gold (WSBN) have plunged from 190p to just 74p. Who is to blame? Showing a monumental lack of self awareness, Lenigas took to twitter last night and blamed….the frigging British.

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238 days ago

Tom Winnifrith Bearcast No 2: a fascinating chart to consider as Harry Adams berates me yet again

I start with companies that issue an RNS and then do not answer their phones. Then the chairman's history with me at Jade Road Investments (JADE), why director share buying is overall a SELL signal, Harry Adams acting like a total twit at Kefi Gold & Copper (KEFI), Optibiotix (OPTI), Synthomer (SYNT) where the banks now call the shots, London Bitcoin Company (BTC) in crisis and the bitcoin and why my target is not $0.

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245 days ago

Tom Winnifrith Bearcast No 2: how to break a policewoman's spine & get away with it - can the UK sink any lower?

I thought shooting dogs and shutting down boozers to make the countryside more diverse was a new low point for Airstrip One but today even that is trumped. Meanwhile I have a 2nd big question for David Lenigas and the London Bitcoin Company (BTC), I want Kerim to pull his finger out at Ariana (AAU) and flag up why Atlas Metals (AMG) must disappear up its own fundament.

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252 days ago

Come on Lemongas ‘fess up: what does your balance sheet look like?

The truth is that we have no idea what David Lenigas is hiding at the London Bitcoin Company (BTC) but it ain’t good. Here are the maths.

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264 days ago

Letter to FCA: London Bitcoin Company

I have again written to the FCA about David Lenigas POS company London Bitcoin Company (BTC). The issue is transparency ahead of a quite inevitable bailout placing. Or rather lack of transparency. I have also urged the FCA to discuss various matters with the SEC.

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272 days ago

Tom Winnifrith Bearcast: the case for me selling Ariana & I bet the ranch on the Euroloon and won

I explain my bet to myself and why I won. I also discuss Ariana (AAU). It is not as if I do not see the shares as cheap it is just that I appear to have stumbled into being heavily overweight in gold shares, notably Amaroq (AMRQ) and Kefi Gold & Copper (KEFI). I discuss Cult Wines and today's exposes and also the London Bitcoin Company (BTC) where I admit I am becoming a tad nerdishly obsessive.  

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274 days ago

Tom Winnifrith Bearcast No 2: Will anyone learn any lessons from Versarien?

In today's podcast I cover the bankruptcy of Versarien (VRS) post a challenge to the board at Kefi Gold & Copper (KEFI) and look at madness at London Bitcoin Company (BTC), drawing an analogy with Argo Blockchain (ARB).

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294 days ago

Tom Winnifrith Bearcast No2: (relative) saint Andrew (relative) sinner Sath

I look at the generous spirt of the Euroloon, London Bitcoin Company (BTC), Satsuma (SATS), Card Factory (CARD), Atlas Metals (AMG), Skinbiotherapeutics (SBTX) and Avacta (AVCT)

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295 days ago

Letter to the FCA: London Bitcoin Company needs to clarify its financial position

I have written to my good friends at the FCA regarding David Lenigas and the London Bitcoin Company (BTC) which urgently needs to issue a statement to clarify its financial position, specifically how many of its bitcoin it has sold.

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306 days ago

David Lenigas, it is what he does not say: London Bitcoin spoof, SMTM!

David Lenigas and his 13 year old gopher Hewie RatLitter have today announced their plans and ambitions for 2026 for the London Bitcoin Company (BTC). I am working on announcing my 2026 plans and ambitions with regard to Cheryl Cole. But while all that I need is charm, wit and an ability to understand Geordie (I have 2 of 3), Lenigas and RatLitter need cash….

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320 days ago

Tom Winnifrith Bearcast No 2: the tweets of a scoundrel CEO ( who calls me a criminal)

I start with the FT whining of Rachel from Customer Services before considering some fascinating factoids about AI spending and bitcoin mining. I consider Argo Blockchain (ARB) and London Bitcoin Company (BTC) before discussing the X posts of perhaps the biggest CEO wrongun in London, a man who thinks I am a criminal

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324 days ago

One of Evil Knievil’s Golden Rules makes London Bitcoin Company a massive SELL this morning

The bear raider and most bombastic man in London, if not the entire United Kingdom Simon Cawkwell, aka Evil Knievil, has numerous golden rules, reminders to we oiks of his great wisdom. One relates to paltry boardroom share buying.

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328 days ago

Letter to the FCA's CEO: Bitcoin in Treasury Disclosure Changes needed

I have written to the FCA CEO Nikhil Rathi prompted by yesterday’s disastrous results from London Bitcoin Company (BTC) which must now be selling its bitcoin to pay fiat bills but is not admitting to it.

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329 days ago

The David Lenigas tweet that tells you everything

Shares in London Bitcoin Company (BTC) are, at c3p, almost 95% down from peak ramp less than four months ago but ramper in chief David Lenigas is still not buying having urged folks to do so at 55p!. The tweet below from the great man shows why.

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329 days ago

Tom Winnifrith Bearcast: Is this the end of David Lenigas in London, it is what he is hiding today

I look back on the fraud at Lonrho, the crooks at Afriag and the scandal that was UK Oil & Gas (UKOG). Somehow David Lenigas survived it all. But will he survive the Pennpetro (PPP) fraud? And then I consider the blow up and what he is hiding today at London Bitcoin Company (BTC). 

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329 days ago

London Bitcoin Company interims: loss making, misleading and facing forced asset sales amid fiat crisis

David Lenigas run London Bitcoin Company (BTC) has published its second interims for the six months ended 31 August 2025. They are dire with a loss before tax of £1,196,206. Net assets are healthier at £8,011,468 which includes £6,893,322 of Bitcoin. But the company cannot hide that it is in crisis.

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336 days ago

The Bitcoin in Treasury bubble burst: Sequans starts dumping shitcoin

French based, NYSE listed software outfit Sequans (US:SQNS) started a bitcoin in treasury strategy in July. Now that strategy is in full reverse with the excuse given patently unbelievable. Stevie Wonder can see that the Frogs are making it up as they go along. It shows how the bubble has burst.

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337 days ago

A question for David Lenigas: what is the all in cost of mining one bitcoin?

Since the only financials we have for the London Bitcoin Company (BTC) are for the 18 months to 28 February 2025 we really have no idea at all about what the all in cost base is right now.

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338 days ago

Tom Winnifrith Bearcast: it is hard work dying says Roger Lawson

I start with the very frank statement made by my old sparring partner the former Sharesoc boss. Then BP (BP), 80 Mile (80M), London Bitcoin Company (BTC), Wildcat Petroleum (WCAT) and Technology Minerals (TM1).

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338 days ago

Monday caption contest: the wheels on the Lenigas bus are coming off edition

Just four months ago shares in David Lenigas run London Bitcoin Company (BTC) were 55p and the old rogue was urging folks to buy more in a daily stream of X posts. These days Big Dave barely tweets at all about the company whose shares are just 3.85p. I invite suitable captions for the real photo below to be submitted in the comments section. The deadline to enter is midnight tonight, 3rd November.

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358 days ago

Tom Winnifrith Bearcast No 3: Predator, I just don't believe you

I ponder what sort of investor bought bitcoin in treasury stocks as the bitcoin price slumps again. The stench of Gavin Burnell of Globo infamy surrounds B Hold (HODL), I also look at Smarter Web (SWC), now almost 90% off peak ramp and London Bitcoin Company (BTC) as it faces a fiat crisis.Then Predator Oil & Gas (PRD), Hemogenyx (HEMO) and Marechale Capital (MAC)

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364 days ago

Is London Bitcoin Company generating any spare fiat at all? The knaves take to X

I ask you to compare two very recent tweets from the scallywags behind London Bitcoin Company (BTC). First up is David Lenigas of Pennpetro (PPP) infamy:

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376 days ago

Trouble in shitcoin alley: is it a crypto winter coming or a crypto ice age or just a (big) bump in the road?

During the past 24 hours the price of a range of cryptocurrencies including bitcoin and Ethereum has tumbled sharply. Bitcoin itself is now back below $110,000 having been $125,000 just a couple of weeks ago. Yet folks like my pal Dominic Frisby still insist that it is a store of value when compared to fiat. Can the bulls explain one thing to a silly old dinosaur like myself?

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377 days ago

Tom Winnifrith Bearcast: a sort of good day and an utterly disastrous day for David Lenigas

In today's podcast I look at Wishbone Gold (WSBN), PennPetro (PPP), London Bitcoin Company (BTC) and the LIARS at Satsuma (SATS).

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377 days ago

BREAKING: PennPetro accuses David Lenigas of misappropriating company funds says will back FCA enquiries 100%!

Why has the FCA not demanded that Lenigas stands down, pro tem, as chairman of the London Bitcoin Company (BTC) until these allegations are fully investigated. The case presented against him by Pennpetro (PPP) where he used to be chairman looks pretty much open and shut to me.

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377 days ago

The RNS that screams at you that the Dave Lenigas abomination the London Bitcoin Company is running out of fiat

If your company was generating cash you would not be dumping shares you hold in another company when they trade at near all time lows. But that is exactly what The London Bitcoin Company (BTC), run by David Lenigas, is doing.

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384 days ago

What David Lenigas is buying and not buying: a damning indictment

The old rogue has blocked me on X so that I cannot respond to his stream of preposterous tweets. This one catches my eye and is a damning indictment of what David Lenigas is up to. Dated 16 September, the great man tweets:

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405 days ago

Tom Winnifrith Bearcast: Who has Zak Mir told about the potentially company sinking legal claim?

I start with a couple of Sharestock issues that make me angry. then more on how Comrade Brian Basham is trying to take the Georgina Energy (GEX) scandal forward. It also makes me angry. Then Zak Mir's dirty little secret that could sink Lift Global (LFT), Eight Capital Partners (ECP), with Liam Murray asleep at the wheel ( again), will David Lenigas 'fess up with a London Bitcoin Company (BTC) trading statement and Smarter Web Company (SWC) and the increasingly poor vicar Andrew Carter.

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411 days ago

Tom Winnifrith Bearcast: What do Steve O'Hara and Dave Lenigas have in common?

Yes, both insisted that a dual listing of their shares on the OTCQB would improve liquidity and attract US investors. So how many shares in London Bitcoin Company (BTC) and Optibiotix (OPTI) traded in the US yesterday? I discuss this, Ariana (AAU) and the failings of the FCA on World Chess (CHSS) and Roquefort (ROQ). I start with an important message for Sharestock attendees and a rant about Bank Holidays.

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412 days ago

Tom Winnifrith Bearcast No 2: Will David Lenigas be transparent as London Bitcoin shares collapse still further?

I predict the timing and reason for the end of the bitcoin in treasury bubble and predict how grifters like Andrew Webley of The Smarter Web Company (SWC) will react for they will know I am right. I ask if David Lenigas will be transparent if and when London Bitcoin Company (BTC) has to sell shitcoin to pay fiat bills and suggest that time is already upon us.I look at Boohoo (DEBS) and not as a bull and then at Eden Research (EDEN) which is surely lining up another bailout placing.

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414 days ago

Tom Winnifrith Bearcast: One of my detractors foiled by Wrexham Council and a couple of words for Catriona and her dad

I start with someone's cunning plan to cause me problems which has been foiled. Then to the 30 year gilt yield and what it means, then what, with hindsight, will be seen as what cracks the bitcoin in treasury bubble and I cover a few names notably London Bitcoin Company (BTC) and Vaultz Capital (V3TC) and finally to the woes of the fraudsters' buddies at First Class Metals (FCM).

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415 days ago

Tom Winnifrith Bearcast No 1: As the bitcoin in treasury bubble deflates again, why I might be able to buy Smarter Web shares at 35p

I discuss bitcoin prices and how and why this bubble is deflating and could bust. I discuss Smarter Web (SWC), Consilium (COIN), now 95% down in 10 weeks, London Bitcoin Company (BTC), Bluebird (BMV) and Satsuma (SATS)

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431 days ago

Tom Winnifrith Bearcast: Someone tries to ruin Sharestock, Julie Meyer triumph and why the London Bitcoin Company is doomed!

I start with a pathetic attempt by one of my "admirers" to ruin ShareStock. It will fail. Then it is today's great news about Julie Meyer (not MBE). Finally I consider the inevitable fate of the Dave Lenigas created London Bitcoin Company (BTC). There are now just five seats left for ShareStock on September 6, to book one of them go HERE.

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431 days ago

FCA Opens Retail access to crypto ETNs so what is now the point of Smarter Web and its peers?

One argument pushed by grifters like Andrew Webley of The Smarter Web Company is that the inability of retail punters to buy crypto ETNs ( Exchange Traded Notes) meant that bitcoin in treasury companies had a USP. But the FCA says that is going to change. And that surely makes Smarter Web and its peers pointless.

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433 days ago

More bluster from David Lenigas and his gopher Little Hewie Rattray: SMTM!

The failed bitcoin miner turned failed bitcoin in treasury spoof London Bitcoin Company (BTC) has news, news designed to ramp the shares to allow another placing, but news which tells you nothing.

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434 days ago

David Lenigas promote London Bitcoin now 90% down in 37 days as Valereum dumps: shares still hugely expensive

You cannot say that I did not warn everybody that David Lenigas run bitcoin in treasury spoof London Bitcoin Company (BTC), formerly Vinanz, would end in tears. Perhaps some Jew haters would rather I did not term Lenigas a promoter and serial destroyer of value, allowing him to fleece new punters. But I did warn and warn again. In 37 days the shares have collapsed from a peak ramp 55p to just 5.5p bid. Look at the Lenigas tweets from 37 das ago and all the way up and down and feel disgust. You will be revolted and may even pity the lambs who liked or retweeted his words with such enthusiasm, lapping up the hopium and dreaming of being rich.

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439 days ago

Tom Winnifrith Bearcast No 1: First they came for the billionaires, chatting to Sath and how the bitcoin treasury madness moves on

I start with the launch of Jezza's new party for economic illterates and urge you to join. Hear me out, it is free. Then chatting to Sath at Bluebird Mining Ventures (BMV) and finally Coinsilium (COIN), London Bitcoin (BTC) and Smarter Web (SWC), a stark reminder of what a grifter and chancer Andrew Webley is in today's results and what, I predict, is the next chapter for the sector.

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443 days ago

London Bitcoin Company: today’s bitcoin purchase tells you everything!

And it is not good news unless you are, like me, a bear! Today the David Lenigas bitcoin spoof London Bitcoin Company (BTC), formerly Vinanz announced that it had spent $2.48 million buying another 20.94 bitcoin. Look at the exact numbers carefully.

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451 days ago

Tom Winnifrith Bearcast: David Lenigas "there was no insider dealing"

I believe him. Not that this alters the bear case for London Bitcoin Company (BTC), in fact what really happened makes it more compelling. I discuss plans for state run slop-houses, another small incident adding to my despair about the moral, politcal and econonomic fate of the West. Then to Optibiotx (OPTI) and why you should keep on voting for Resolution 1 and against 2,3,4 and 5 at the forthcoming AGM

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454 days ago

Tom Winnifrith Bearcast: The bursting Lenigas bitcoin bubble, all sorts of questions: this stinks!

I start with holida reading here at the Greek Hovel which will horrify Euroloon Jonathan Price and others. Then a rare defeat at the FRC over Versarien (VRS) but surely AIM Regulation should be acting. Then the stink about today's disastous fund raise at David Lenigas spoof, the London Bitcoin Company (BTC). Is the bitcoin in treasury bubble bursting or the Lenigas bubble bursting? Regulators should be all over this. How many fund raises has it had since a January prospectus saying it had no need to raise for 12 months? I also look at CapAI (CPAI), surely placing ahoy!

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454 days ago

David Lenigas mugs mug punters again as book build flops

Bears shit in the woods. The Pope is always a Catholic and David Lenigas always mugs private investors. The key point to remember with the London Bitcoin Company (BTC), formerly Vinanz, is that Big Dave paid just 0.25p for his shares less than two years ago just before its IPO. When the bitcoin in treasury bubble totally bursts and Dave has moved onto his next ramp, if he can sell at 3p or 4p he will have made out like a bandito. Mugs who were paying 55p just a couple of weeks ago will be wiped out. Plus Ca Change. Today a placing has flopped at just 13p.

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455 days ago

London Bitcoin Company: rats, rats, I bet you more rats are jumping

It was only a couple of weeks ago that shares in David Lenigas created bitcoin spoofers London Bitcoin Company (BTC), formerly known as Vinanz, were 55p. Today they are 14.75p. That rebranding and a diahreoa of silly memes and other tweets from Big Dave has really paid off. Today comes another massive red flag

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