Nipate
Forum => Kenya Discussion => Topic started by: vooke on October 30, 2017, 11:51:10 PM
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How on earth does a stock shot 5 fold in a day over mere change of name by inserting the word ‘blockchain’?
Yes I agree there’s room for application of this tech to solve diverse problems but I still think there’s more hype and greed in the upward price spikes than nothing else.
A British company that has been investing in internet and information businesses is having its best day on record.
On-line Plc jumped as much as 394 percent on Friday after announcing plans to change its name to On-line Blockchain Plc, following an initial climb of 19 percent on Thursday when it first announced the news. It’s the biggest one-day gain for the small-cap company since its December 1996 listing. The trading volume that reached 2.9 million shares by early afternoon in London is equal to more than 16 times the entire year’s trading before the last two days.......
https://www.bloomberg.com/news/articles/2017-10-27/what-s-in-a-name-u-k-stock-surges-394-on-blockchain-rebrand
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Bitcoin is nonsense. I just don't get how this thing works..is this lime FX trading software that fools buy thinking it will make them millions?
https://www.cnbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html
At the big kahuna of jp thinks like I do that Bitcoin is shit
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Bitcoin is nonsense. I just don't get how this thing works..is this lime FX trading software that fools buy thinking it will make them millions?
https://www.cnbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html
At the big kahuna of jp thinks like I do that Bitcoin is shit
It's the democratisation of trading in "stocks and shares". I think cryptos are here to stay. JP are just scared that their goose is cooked. I've been trading small small and it feels so good to make money beyond the clutches of the tax man.
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Just a sophisticated global quail business. Money has to come from somewhere and in pyramid schemes fools are never in short supply.
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JP cannot be scared of a few nerds. They have 6 trillion market build over hundred of years