shitcoin

70 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?

100 days ago

Cykel AI – surely the FCA must have a stewards?

The share trades in Cykel AI (CYK)) since Friday demand a full stewards’ by the FCA. Will the woke warriors at Canary Wharf take time off from shitting under their desks or commissioning yet another study into the gender and ethnic pay gap in fund management to actually tackle what looks like wrongdoing? I am not betting my Cheryl Cole CD collection on it actually doing anything.

106 days ago

Malcolm Palle of Coinsilium: you dissemble like a scumbag about the Daily Mail & your shares are 94% down and still way overvalued

I have always been a fan of Malcolm Palle viewing him, no sniggering at the back, as one of the more honest chaps around. But I am afraid to say that he is today dissembling like a scumbag. Just because his Coinsilium (COIN) company is now a bitcoin in treasury spoof, that does not force him to be a scumbag. It is his choice.

127 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.

147 days ago

Sundae Bar – who do you think you are kidding Ms Kenny?

I supposed if you are advised by the morally bankrupt, journalist smearing PR mothers at Yellow Jersey you have some excuse for putting out such a daft release. But even so, the patsy for the Bixby/Edwards gang at Sundae Bar (SBAR), CEO Jill Kenny must take her shareholders for fools. In that, at least, she is, right.

171 days ago

Just five months after saying it was funded for 12 months, Lengias shitcoin play Vinanz issues more worthless confetti

As it moved to the AQSE lobster pot to the Main market at 21p in January of this year, Dave Lenigas shitcoin play Vinanz (BTC), insisted that it was funded for a year. By May it had taken out a $4 million death spiral and now it has raised £3.579 million at 13.75p in a subscription and WRAP retail offer. Hopping on board to join the ramp, PR genius Stephi, now a self-styled crypto guru makes a statement that may or may not be true.

171 days ago

Another day, another bit of bitcoin in treasury spiv activity involving many of the usual suspects

The madness continues. The latest company jumping on the shitcoin in treasury bandwagon is AQSE listed Vault Ventures (VULT) which at 0.045p is now capitalized at c£5 million. Vault was formerly Meme Vault, formerly Pitch Pit – it has changed names and business strategies almost as many times as I have enjoyed inappropriate thoughts about Cheryl Cole.

186 days ago

Tom Winnifrith Bearcast No 1: Ariana & Tavsan, Nigel Farage and bitcoin & other bandwagons, crypto and gold

I start with unsatisfactory dissembling from Kerim Sener on Tavsan, then shameless Reform UK jumping on another daft bandwagon, leading me back to the gold vs shitcoin debate.

186 days ago

CelAI madness begets madness

The last fund raise was £500,000 on 23 May. But then it had to cancel half of that which had been done with two directors as the interims were imminent and one would not want to be thought of as insider dealers would one? Today the directors are back to raise £250,000 at 0.64p and the shares have surged to 0.81p. What on earth is going on at Cel AI (CLAI). I think you know!

200 days ago

David Lenigas really is a spoof a day man, another day another load of shitcoin cobblers

Last week Dave Lenigas termed a $4 million death spiral., of which $2 million was drawn down at once, as “bridging finance” for his bitcoin mining company Vinanz (BTC). Today the spoof ramps up.

1033 days ago

No thanks for the shitcoin offer Big Dave Lenigas, I am washing my hair tomorrow

Are you are at a loose end tomorrow? Do you want to waste your time and then lose some of your hard earned. In which case Big Dave Lenigas has an offer for you.

1036 days ago

Home REIT – slowly the truth is dragged from it.

Well done City AM. When not promoting shitcoin to your readers on an industrial scale, your paper continues to do a sterling job dragging the truth from Home REIT (HOME). Today yet another fess up is forced from the shysters.

1046 days ago

Tap Global IPO – You is 'avin' a Turkish: this is a truly mad valuation even by the standards of shitcoin

I today asked the advisers to Tap Global (TAP) which joined the Aquis lobster pot today via a reversal into Quetzal Capital to justify why Tap was worth £20.5 million and 4.5p and the enlarged group worth £32.2 million. There has been no answer. Why? Because even by the standards of shitcoin and crypto-shite this valuation is bonkers. It’s a car crash in the making and shames all involved.

1061 days ago

Video: Worst Recession in Memory and New Highs for Gold in 2023, bitcoin to $9,000

Market Strategist Gareth Soloway of “In The Money Stocks” is a cheery fellow predicting doom and gloom all round unless you are in gold and silver or short shitcoin.

1104 days ago

BREAKING: Today’s shitcoin disaster is c/o chancer Mike Edwards – Aqru, you couldn’t make this up

In the bitcoin, NFT, blockchain frenzy of early last year the gang of Mike Edwards, Jonathan Bixby, disgraced Peter Wall of soon to go bust Argo Blockchain (ARB), disgraced broker Andy Frangos of (has just gone bust) Pello infamy and proven liar John Story staged a number of heists, or as they termed them IPOs.

1109 days ago

Peter Schiff reminds us all of the great lie of shitcoin – the crypto winter may last as long as a Nania winter

The great lie pushed by those supporters of bitcoin and other crypto currencies was that supply of bitcoin was limited by the halving formula. So, we were assured that while promoters of shares or funds or any other asset would always match demand with new supply, bitcoin was different. Of course, that was just misleading.

1110 days ago

Video: Quoth the Raven - The World is Turning To Gold Amidst Armageddon in Crypto

One of the few serious financial podcasters who swears more than me is Chris Irons, aka Quoth the raven. His latest soundings on gold and shitcoins are music to my ears.

1113 days ago

Tom Winnifrith Bearcast: Let them eat cake and the latest shitcoin crash

I start with a few words on UK press coverage of the mid terms. No the Democrats have not won! Then I look at bitcoin and its woes, Argo Blockchain (ARB) – bust by next week? – Revolution Beauty (REVB), Boohoo.com (BOO), Novacyt (NCYT) and Nightcap (NGHT) and the problems a CEO has when the media blows smoke up his or her arse for too long.