If one thing has been certain on the markets in 2017, it’s that you couldn’t go wrong moving with the pack. Watch the merry go round.
More Bitcoin miners enter the fray: Block One Capital (BLOK.V) to debut 1000 Antminer rigs in February
Two weeks go, while in the thick of negotiations to lock down the target mentioned in today’s news, the directors of Block One Capital (BLOK.V) had to go release a “we have no idea why our stock is going nuts” news release to satisfy regulators.
After a year of mumbly news releases that didn’t reveal as much news as they hinted at, Calyx Bio-Ventures (CYX.V) has finally dropped one that details a deal.
When I walk into a boardroom these days, and I’ve walked into more than the janitors do, there’s a new scent in the air. Gone is the stench of desperation. No longer is there the whiff of opportunity. Now we’re bathing in the musky aroma of “Shut up, I don’t have time to hear your pitch, just take my money!”
We sat down yesterday and had a chat with the CEO of HashChain (KASH.V) a new blockchain cryptocurrency miner that’s about to go public in early December, 2017.
Last night I attended the Grit Capital’s Banking on Blockchain event in Vancouver, along with seemingly every person I’ve ever met in this city’s financial scene. The place was packed – standing room only in a ballroom that usually seats 300+.
Today the leaders of the faction planning to fork Bitcoin announced the move is off. This means the blockchain will remain unified for now. This new development doesn’t mean the idea is dead. A hard fork could still rear it’s head in 2018.
As someone who is sitting on a nice haul of HIVE Blockchain (HIVE.V) shares, the action of late last week had me a bit concerned.
I’ve had a bunch of requests this past week for information on two companies we’ve covered in the last few weeks, more than any other. That’s not unusual, sometimes companies hit a rich vein of investor interest for no apparent reason, and potential investors, rather than jumping in on faith, contact folks like me to explain what’s really going on.
I’ve said previously that Global Blockchain (BLOC.C) seemed to be a big shiny company with big shiny execs and a big shiny market cap but no big shiny projects.