Gstechnologies Share Discussion Threads

[bri15] 11/11/2023 17:05

No ALW i haven't gone that far, I'd love to just to see if it works but not yet,got enough to do with my iWeb account at the moment, hopefully someone else will clarify if working or not.

[ahhh luke warm] 11/11/2023 16:53

> So no app ..yet


Not following what you mean PS6. I just converted the link Bri provided which for me just opened the App Store to download the coincodex app.

[ahhh luke warm] 11/11/2023 16:50

Have you tried or are you able to perform a transaction Bri?That's the bit that needs confirming if it s not just test data in a soft launch. Cheers ALW :-)

[bri15] 11/11/2023 16:39

There was plenty of buying into close yesterday, someone bought 1.4 million and the £19+ k used for the purchase will be down many thousands on opening Monday if bad RNS, i lucky as only got just over a grand in now,if good news i will get more,if bad i wait for dust to settle then load up.

[bri15] 11/11/2023 16:20

Well if it was a pump there's going be plenty locked in as all the rampers sold yesterday afternoon,and anyway this has hopefully opened investors eyes to what can be achieved here,and if we get stable coin approval this will be a massive market cap company,one day.

[cjb1971] 11/11/2023 16:08

Come on lets be real, those were just test trades being reported.People who think gst made 11m commission in one day trading living n dream land.Them sort of volumes happen on binance, kraken etc, not an exchange not many people have heard of and still in soft launch phase.People used this info for a p&d.

[bri15] 11/11/2023 15:47

Sorry it does work,got to give loads of information and photo id.

[bri15] 11/11/2023 15:38

I just registered on GS20, won't allow me to log in, can't be running,so yesterday must have been a P and d.

[petersmith6] 11/11/2023 13:56

So no app ..yet

[ahhh luke warm] 11/11/2023 13:33

hTTps://coincodex.com/exchange/gs20.exchange/Just capitalise the Ts to make a workable link Bri.

[petersmith6] 11/11/2023 13:31

No..just business.. 0.2% commission doesn't sound much but soon adds up.

[bri15] 11/11/2023 12:44

hxxps://coincodex.com/exchange/gs20.exchange/

[bri15] 11/11/2023 12:44

Coincodex does state that over £2 billion was traded on GS20 over last 24 hours, strange going ons here.

[atlantic57] 11/11/2023 12:07

Well I’m sure the Company will update us on Monday
.

[intoodeep] 11/11/2023 11:57

Jeez unbelievable the lengths some go to so they can discredit a company

[pwhite73] 11/11/2023 11:37

petersmith6 - That's exactly what I said but the live issue here is has GS20 gone live. According to their website as of today they haven't.



"Registrations of interest to open an account upon the official launch is available from today via the GS20 Exchange website."

If they haven't officially launched how is it possible that $3.22 billion of crypto assets are passing through their exchange everyday and they haven't said a word.

I could be wrong but I what think might be happening is that the GS20 website is recording crypto trading that's all, just as ADVFN, iii and LSE record share trades but they are not exchanges themselves unlike the London Stock Exchange or the New York Stock Exchange.

If GS20 had $3.22B crypto trades going through in a 24 hour period it would make them the third largest crypto exchange in the world according to statista.

[intoodeep] 11/11/2023 11:33

Pwhite wrong as always just jealous

[petersmith6] 11/11/2023 11:03

Most companies have odd addresses for tax reasons with prestigious addresses for marketing purposes

[pwhite73] 11/11/2023 10:53

No worries. You will also note GS20 shares the same address as many other crypto-exchanges - Vilnius, Eišiški71; Sodų 18-oji str. 11. I suspect this is because like in the UK you can register your company to an address in the City of London to make it look more prestigious on the header paper but in reality you're working from home.

The City of London address will have hundreds of companies registered but not operating from there. I think this is what they have done and its just my humble opinion that despite having a website GS20 does not actually exist as a crypto operating concern.

[atlantic57] 11/11/2023 10:30

p white thanks

[bri15] 11/11/2023 09:53

Thanks PW.

[pwhite73] 11/11/2023 08:31

bri15 - They've worked it out like this. GS20 charges a 0.2% fee which is standard from what I can see. Therefore if $3.22B is traded in a day that equates to fees of £6.4 million in a day - ($3.22B x 0.2% = £6.4 million).

However I think the whole GS20 exchange entity should be treated with caution. Lithuania is a country friendly to crypto exchanges and GS20 is one of 514 registered with the government.



Just type 'gs fin' into the box marked - 'Filter records by title fragment'

Contrary to what shareholders have been told they actually went live on 12/04/2023 and not going live in the second half of 2023.

I think the figures of $3.22B from coincodex are misleading and GS20 has no commercial customers at the moment.

This should all be explained on Monday when the share price will halve.

[bri15] 11/11/2023 07:57

Well I know the GS 20 exchange is up and running so that's a truth,what I can't get is how these wild profit figures have been worked out,this company is renowned for placings and never seems to make anything, suddenly it's turning over £millions?I not buying this yet, something smells, especially after last AGM when it was allowed to allocate millions of new shares,so placing coming sometime soon.

[atlantic57] 11/11/2023 03:23

Profit 7 how do you arrive at 10 million pounds income per day