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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@DoctorFouad$RRS.V@Vaughan thanks indeed ! production and start of cash flow this year ! huge progress has been made from management the past months ! next catalysts : off-takes + permits this summer. At only a 3.5M$ capex (including contingency) this is easily fundable and going to production without a doubt.
@Vaughan@FundamentalAnalysis, here is a little snippet on etereum: Ethereum’s smart contracts use blockchain stored applications for contract negotiation and facilitation. The benefit of these contracts is that the blockchain provides a decentralized way to verify and enforce them. The decentralized aspect makes it incredibly difficult for fraud or censorship. Ethereum’s smart contracts aim to provide greater security than traditional contracts and bring down the associated costs.
@FundamentalAnalysis@Vaughan Thanks ......so how could that make say ethereum coins itself valuable....the technology behind it appears to be. Does it have transactional use like Bitcoin does now with companies accepting it.
@Vaughani havent really checked out the crypto space, but have heard that ethereum is preferred by current big players (banks and such) for its verifiability and the ability to "make more". In that regard it seems akin to fiat currency ("oh no Im out, hold on, let me make some more") . Will start looking more closely
@VaughanAnd what i find funny is that the biggest skeptics and haters of crypto currencies are the same metal nuts who think gold should be trading well above historic highs and for the same reasons that crypps are flying...
@FundamentalAnalysis@Vaughan Absolutely, based on that I have no idea what the intrinsic value for Ethereum could be. At least for bitcoin we have a limit, and then if it becomes mainstream where you can transact with it, and its backed by confidence then bitcoin has value. For now most bitcoin holders aren't transacting with it (as in shopping)....they are using it as a speculative tool, and somewhat as a store of value, where the value is measured by $$$ (so they still think in terms of $$$). If it rises as fast as it does, I'm not sure people would want to spend it. Maybe it only becomes used for large transfers and not for everyday shopping/spending.... who knows....so then the question is how much value do we attribute to BTC knowing it could become the number 1 form of making transfers (Outside the system) around the world bit like a #dark pool. Whatever number you can attribute to that divided by the no of bitcoins in existence is the potential value. At the moment we have a $36bn dollar market.....
@VaughanMagic Mushrooms grow on peoples front lawns in St. John's, NL @racker. After first frost, it is not uncommon to see a bunch of young adults slowly wandering peoples front lawns with their eyes glued on the ground. #Mushroom
@Vaughan@stateside, forgive De Guzman, he is nostalgic for a time where Tim Horton's employees (usually teenagers) routinely burned themselves with the deep fryers at each location. It went from a fried dough business to a logistics business.
@JamesKwantesOnce rented out the top floor of a house (in Abbotsford) to a couple guys from Hamilton - Tim Hortons freaks. The one guy built a pyramid of TH empties in the front bay window. Should have recognized it as a bad omen - they stopped getting along and one moved out, so we had to give the other the boot too @Vaughan@stateside