butcoin

138 days ago

Is the Farage bitcoin spoof bubble bursting or is that a Monkey placing I see being forward sold?

At one point yesterday afternoon shares in Kwasi Kwarteng’s Stack BTC (STAK) were changing hands at 18.55p even though the NAV is no more than 3p. Those lunatics who trust Nigel Farage (who overpaid by 56% to buy at 5p on Monday) just could not get enough. Kwasi, who paid just 1p for his shares less than two months ago had clearly found the Midas touch. So what is happening now…

171 days ago

Who wants to buy an arm, one careful owner

If so there may be one for sale in Bristol with the apparent vendor the CEO of the Smarter Web Company (SWC). I suppose the real question is whether if he had a spare 450 grand would he be buying bitcoin, Smarter shares or a third arm?

251 days ago

Every Bubble has its villain: Michael Saylor and bitcoin

When every bubble bursts someone is painted as the arch villain. Bitcoin, $125,000 just a few weeks ago, is today testing $90,000 and Michael Saylor, the founder of the world’s largest bitcoin in treasury company, MicroStrategy ($MSTR) is ranting that we should all buy bitcoin. Peter Schiff says Strategy is a fraud and will go to $0.