Call me skeptical but BTC is owned by Global Arena Holdings, who at least seem to be prepping for some serious patent trolling and at worst, may be owned by big banks and concerns with a less than rosy interest in blockchains. It's news for sure, but good or bad remains to be seen. At a glance, I can see why everyone is all chipper and excited, but smell again. Does 20M seem right to you, when Ned alone is worth nearly 30% of that? It's not much money for the piece they got, but it gives them a lot of control, over what, the broken steemit site and SMTs? I suspect they came for the patents that fit in with their other ones and this has suspect future written on it for me, for now, without much more analysis than a quick googling and a gut feel for the thing, based on the low price and the particular concern making the investment.
RE: This Just In -- Global Blockchain Technologies to Partner With SteemIt -- 20 Million Fund To Be Created
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This Just In -- Global Blockchain Technologies to Partner With SteemIt -- 20 Million Fund To Be Created
Eh with rhetoric like "the broken SteemIt site" I'm not sure I can really get behind that.
It's a fund. Period. It means speculative gains.
Aside from that and the politics that you are bringing up I don't know, or pretend to know, much else.
A $20M fund for SMT developers is only interesting to developers I guess. Fairly so
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Let me know when you get some of the 20M "for developers".
I read a little about BTC and the company that bought a large percentage of them in 2015, called Global Arena Holdings. It sounds great, but it doesn't smell good. I will be the one who sounds crazy now, and later I might be the one who was crazy then, or not. Maybe I'll be the only guy who called it right. Won't be the first time I called BS on something, got ostracized for it, and then watched as a couple months passed then it turns out I was right all along. :D
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Just not sure why anyone would attack anything without having evidence against it?
I reported the news. I'm not claiming anything until it happens. And yes, I will submit a proposal when the fund actually exists.
I'm already getting some of that support.
You seem a little angry about something. Not sure I'm on the same wavelength here. You are welcome to get anything off your chest though.
Many investors worth their salt would care about developments around one of their large investments. I know I'm just a fat little minnow but it means a lot to me
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Nope, not angry, possibly a bit nervous about this announcement though. I did do research, and this is the sort of thing I found
http://www.marketwired.com/press-release/global-arena-holding-sub-buys-into-blockchain-with-btc-purchase-otc-pink-gahc-2066987.htm
keywords: influence, lucrative
"Management believes that the Company is now well positioned to make significant contributions to the ongoing development of what Marc Andreessen suggests, could be the most important invention since the Internet itself. And with BTC under its umbrella, the Company intends to leverage its new competitive advantage, "using this distributed consensus model, to influence and create vertical blockchain applications that will prove both useful to the world and lucrative to Global Arena Holding," concluded Matthews."
also
As far back as 2015, this company has been buying up Block chain companies, patents and tech with the pure intention of centralizing it and profiting off it plain and simple. Their existence is kind of completely opposite what block chains are about.
Their own website even goes so far as to brag about their involvement with banks and credit unions and their acquisition side basically exists to buy up all the chains and such that they can clammer onto and ride them out.
http://globalarenaholding.com/
Makes me a might nervous, because this is like a bank or the whole "oracle will host blockchains" news - its where the power of the people gets bought out from under them, potentially.
You just have to read between the lines and apply a little wisdom. I hope in a couple months I dont turn out to be right about this like I was about your recently departed senior mod I was right about ;D
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Btw not sure global arena holdings and global blockchain technologies are one in the same. Not sure if you implied that but I don't know either way. Didn't dig that deep into an announcement about a plan for 2020
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yeah I 'implied' it but maybe not gracefully.
How's the solar rig working out? You were supposed to report back to me after you had it operational and let me know how it was going.
Are you boondocking or cheating in campgrounds with hookups?
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I'm being a lazy fuck because utopian is taking all my focus. And I haven't sourced the best solar panels yet near me
But I'm sitting in the camper now. Just haven't actually ya know towed it anywhere yet
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I've installed the 2k watt inverter and it powers my entire camper and the AC. Going to replace the AC for a more energy efficient one but I already have a fully solar setup.
Need to buy 4 more batteries and install them on the trailer hitch and I'm good
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Getting the AC operational on a 2k inverter is impressive. Mine (5000btc mini window rattler in the cabin) needed the whole 5K generator to kick off and wouldnt run on the 4k solar one. :(
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Global Arena Holdings is a completely different and separate company from Global Blockchain Technologies. The latter trades under the ticker BLKCF and the former under GAHC. If you feel like doing some research check out the board of directors for BLKCF.
https://investorshub.advfn.com/Global-Blockchain-Technologies-Corp-BLKCF-32642/
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