Vela Technologies Share Discussion Threads

[daicaprice] 29/1/2016 14:34

Another 1.75m at full, can't be much free float around I wouldn't have thought and there's been so sign of a consistent seller, just the traders that came in on the ramp on news.

DC

[daicaprice] 29/1/2016 14:04

Nice buying of 2.625m in 6 mins by some shrewd investor there.

DC

[daicaprice] 29/1/2016 09:14

Are we to believe the 1m is a buy @.1722 because the ask has now gone up to .19p on a tiny sell @.17p some games being played I fancy or a large delayed buy going to show at or above .18p.
Either way we are heading in the right direction again.

DC

[daveandlaura] 28/1/2016 11:07

Agreed DC, I don't think you will see a buy price below yours the other day at .1799 they seem willing to take all peoples shares at around this price.

This gets marked up quick on any news, someone bought 1.8mil at 0.26 only a matter of days ago when they marked It up on an rns.

[daicaprice] 28/1/2016 10:14

The fact that someone could unload 3.75m @.175p bodes well IMO.

DC

[daveandlaura] 27/1/2016 17:53

Primed for another move up. And then hopefully some updates to break out of the 12 month range its been trading in. Once it breaks out will hopefully settle at the next leg up of 0.35p resistance.

[daicaprice] 27/1/2016 16:34

Someone left it late to dump 1m but still got full bid, looking stronger by the day and primed for another surge north in my humble opinion.

DC

[daicaprice] 27/1/2016 15:24

It's nice that any weakness gets bought, current support does appear to be .18p

DC

[daicaprice] 27/1/2016 10:04

Getting a few mentions on twitter over the last couple of days.

DC

[edcrane] 25/1/2016 13:31

For BTL followers, worth going to the BTL website and register for their weekly newsletter to keep up to date on what is going on in blockchain

hxxp://blockchaintechltd.com/

[daicaprice] 25/1/2016 11:30

MM's happy to pay over for a couple of mill is always a good sign for me.

DC

[daicaprice] 25/1/2016 08:29

Always nice to se a positive start to the week.

DC

[edcrane] 22/1/2016 07:48

Thgis article from the Wall Street Journal on what is going on what looks like the same space as Vela's investment in blockchain ..... well a lot of big names seem to want to get involved it would seem




Major Banks Complete ‘Modest’ Blockchain Test

Eleven banks successfully tested a private blockchain, exchanging multiple tokens among offices in North America, Europe and Asia over five days, the R3CEV LLC consortium said Wednesday.

“I see it as a significant but simple first step in what, hopefully, is many more and larger steps to come,” said Jeff Henderson, CIO of TD Bank Group, one of the 11 participating banks.

The test, conducted Jan. 11 to Jan. 15, allowed the banks to connect to a private distributed ledger built on open-source blockchain technology from Ethereum and hosted on a Microsoft Corp.’s Azure cloud. The tokens, or software code representing a theoretical asset, passed between nodes set up by the banks and R3 with no problems, a spokesman for the consortium said in an email. The data about the tokens was intact and the validity of each transaction verified “instantaneously” by all nodes, he said.

R3 is a consortium of 42 banks working to design and apply distributed ledger technologies to global financial markets.

Part of the appeal of blockchain, the distributed ledger technology that underpins Bitcoin, is the ability to settle transactions in seconds or minutes automatically via computers. This is a faster, potentially more secure settlement process than is used today among financial institutions, where clearing houses and other third-parties validate accounts and identities over a few days.

“The test was relatively modest,” Mr. Henderson said. “But it did prove that in a private, controlled environment, the banks can collaborate.”

R3 expects to test the blockchain among all 42 member banks this year, the spokesman said. Others participating in the initial test were Barclays BCS +1.34% PLC, BMO Financial Group BMO.T +2.67%, Credit Suisse Group AGCSGN.VX -2.69%, Commonwealth Bank of Australia Ltd.CBA.AU 0.00%, HSBC Holdings HSBA.LN +0.03% PLC, Natixis KN.FR +5.76%, Royal Bank of Scotland Group RBS.LN +2.47% PLC, UBS Group AG, UniCredit SpAUCG.MI -4.64% and Wells Fargo WFC +0.29% & Co.

Although the test used technology from blockchain nonprofit Ethereum, “R3 is not necessarily aligning itself with Ethereum,” the spokesman said. “It will be testing multiple technologies in its lab experiments.”

The potential for blockchain to make banking and other industries more efficient, and perhaps to upend existing business models, has triggered many partnerships between software vendors, banks and others. The LinuxFoundation announced in Decemberthat it is working with a number of technology and bank giants including International Business Machines Corp.IBM +0.86%, Cisco Systems Inc.CSCO 0.00%, the London Stock Exchange and 17 others–plus R3–to develop an open-source blockchain framework. Visa Inc.V +1.25%, Nasdaq Inc.NDAQ -0.92%, Citi Ventures C -0.84%, Capital One Financial Corp.COF +0.69%, Fiserve Inc. and Orange SAORA.FR +1.23%have invested $30 million in startup Chain Inc.

[daicaprice] 21/1/2016 12:18

Taken 500k couldn't get them under .1799 though because they had to be on a t10.

DC

[daicaprice] 21/1/2016 11:19

Could get another opportunity.

DC

[daicaprice] 21/1/2016 09:16

Missed that dip, well done the 500k buyer great price.

DC

[daveandlaura] 19/1/2016 22:18

Missed watching the rise 1st thing this morning, but looks like it tried 0.25p resistance again, that 12 month range that VELA has be trading in wont hold much longer looking at how far nearly all of the investments have come in that time, and milestones they are achieving in the near term.

Time to break through i think. True value agree rew8080 0.3p+ initially. And yes 0.5p is defiantly not pie in the sky its wholly realistic.

[rew8080] 19/1/2016 21:19

I'm guessing not too much more selling to get through and then up to new level 0.3p+. Sum of parts ~0.5p. Buy while you can ?

[daicaprice] 19/1/2016 09:42

That has just been RNS'd, looking good.

DC

[edcrane] 18/1/2016 12:51

BLOCKCHAIN ..... BTL group news just out


BTL Announces Launch of Its Blockchain Remittance Platform (Interbit) at BC Tech Summit


VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 01/18/16 -- BTL GROUP LTD. - (TSX VENTURE: BTL) ("BTL" or the "Corporation") is pleased to announce that it has been invited to showcase its blockchain technology at the BC Tech Summit, January 18th & 19th, 2016 in Vancouver, British Columbia. At the Summit, BTL will be launching Interbit, it's remittance platform, with a live demo showing real-time remittances and displaying the low transaction costs of those remittances. The live Interbit demo will demonstrate the ability of this platform to significantly reduce the cost of remitting funds from Canada to the Philippines and Mexico. In addition, BTL has accepted invitations to meet during the event with a number of companies seeking opportunities to innovate using blockchain technology. BTL seeks to build on its accomplishments by developing strategic business relationships and a client base for its innovative blockchain technologies.
"Now that core development of the Interbit platform is completed, BTL will be working on the development of strategic business relationships to embed this platform into broad based remittance products, while expanding the number of countries to which customers will be able to remit money," said Guy Halford-Thompson, CEO of BTL. "Strategically leveraging blockchain technology into our Interbit platform should reduce the cost of remittances by over 80%."
BTL has also started development on its second product offering, BTL Digital Asset Management ("DAM"), an immutable data store built on blockchain technology. By leveraging blockchain technology, DAM seeks to provide enterprise level customers secure data manipulation platforms that can be applied to numerous industries. DAM will have many applications, including to auditing, data security, biometric authentication and settlement.
With the completion of core development on Interbit and its listing on the TSX Venture Exchange, BTL has achieved the material milestones that it set out for 2015. In 2016, BTL will continue to utilize blockchain technology to build innovative real world applications that will aim to solidify its role as a leader in the continually growing and evolving blockchain sector.

[daicaprice] 13/1/2016 08:56

Volatile markets have given people the jitters and there's a bit of converting back into cash I fancy, why else would anyone sell at these levels with great news and regular updates to follow.

DC

[daicaprice] 13/1/2016 08:01

Nice update on stream.

DC

[daveandlaura] 09/1/2016 20:26

Hi DC, nice holding Vela is my main holding. I'm still happy to add at these levels as and when I can also cant at the min tho :( Vela is 2 things for me 1)Currently undervalued by the market and a relatively unknown to private investors,which makes it cheap now 2)An excellent growth potential that is actually in that process, not just pure speculation, which also means in time the price will be higher, simples :)