Lionsgold Share Discussion Threads

[ernestsyngen] 19/1/2018 16:07

I’m balls deep at 5, no bounce but am long term now after today’s debacle

[bionictwat] 19/1/2018 16:04

Would see many bailing for Friday now

[bionictwat] 19/1/2018 16:03

Looks like below 3p from here soon

[sea7] 19/1/2018 16:03

Governments can only prevent the likes of bitcoin being used in the parts of the financial system they have control over. Buying a service with bitcoin is just another method of payment, whether it be fiat currency or another item accepted as payment, which is agreed between buyer and seller.

Governments can never "ban" the use of a token for payment if all parties concerned are willing to accept it.
a government might say you cannot but that won't prevent its use.

They can however, shut down exchanges, outlaw payment of taxes in anything other than local currency, refuse to allow payment providers the licences to include cryptos and criminalise those trading in it.

They cannot effectively ban crypto's but they can disrupt them enough to ensure they are never a threat to the control a government has over its territories monetary system.

[rjetrades] 19/1/2018 16:02

Bounce in the last half hour

[bionictwat] 19/1/2018 15:59

Looks like below 3p from here soon

[noirua] 19/1/2018 15:57

May have just turned at 3.5p to buy.

[exbiz] 19/1/2018 15:53

1rodson I respect your view but Bitcoin has been written off for years now by commentators. Governments all over the world have declared unease with Bitcoin and yet there has not been anywhere that has successfully outlawed it's use. They can't because they don't own it. Think of it like prohibition in the US, how well did that work ?

Where is the Beef ?? where indeed is the Beef with Gold ? it's a naturally occurring element that can be dug up out of the ground and has very little utilitarian use other than as a store of value hmmm... sound familiar, like Bitcoin. Gold is extracted from the ground at great expense, melted into bars at further expense, sold onto investors at further expense, who then pay to have it stored back underground in a vault at further incremental expense. Some day people will wake up to this Ponzi scheme !! Hahahaha...
Of course this has worked out well for governments like the US who have been able to use it as a measure of deceit and now will not even declare how much they hold as they owe so much to other countries around the world like Holland, Germany, Switzerland, Venezuela etc. who all wish to repatriate it from the US but are unable to do so. Lets not even get started on ETF's where paper gold now operates on a ratio far above recent estimates of 1:150 to actual gold. That's right 150 pieces of paper with a claim on the same piece of gold, you couldn't make it up, but they did.
Oh hold on people have now worked it out and millenials can now pay a crypto miner once and hold the asset themselves without corrupt governments devaluing it or fraudulently extracating it from them. They own it they decide, full ownership.
Gold really in truth is the biggest con job of all time and nobody really questions it because it's been going for so long. It comes out of the ground for free and goes back in with a huge valuation never to be seen again. Stuck in vaults by criminals, gangsters and drug dealers laundering their ill gotten gains. Now doesn't that sound familiar.

[1rodson] 19/1/2018 15:52

A taste of things to come?

There is a lot more to BlocChain usage that one thinks!Ethereum Oil and Gas Supply Chain is putting oil and gas waste management On the Blocchain

[mister md] 19/1/2018 15:51

Funny post of the day:


Blueshoes7 - 19 Jan 2018 - 13:35:53 - 1428 of 1429 LIONSGOLD. Multi Bagging On
Buyers returning now.. Once we get back to 4p, its clear sailing to 6p...



I reckon its 2.5p first. Followed by 0p a bit later

[sea7] 19/1/2018 15:45

honestmarty, it sure does.

[honestmarty] 19/1/2018 15:41

Sea7 go easy on poor jay4u , losing money makes people hit out.

Exbiz, LOL, if only you knew.

[7rademark] 19/1/2018 15:36

Obc moving fast.

[sea7] 19/1/2018 15:29

exbiz

The large players, as you know will not step outside all the existing frameworks for fear of transgressing regulations, such as money laundering etc etc. They won't move any of these techs into their mainstream operations until the regulatory environments are in place and the whole lot has been stressed tested time and time again.

Smaller players who are developing applications will be "assisted" by bigger players.

The same type of scenario exists in the energy sector. Small players prove up a resource with a bit of support from a larger player and then the larger player swallows up the smaller player for the resource and not the entity.

Mastercards smart path program does provide them with the opportunity to keep an eye on and support companies they think may have something. Railsbanks platform may be something to watch, however, it may not be anything that will ever come to market, as it will likely be moved in on, before then if it is any good.

[exbiz] 19/1/2018 15:26

honestmarty I wouldn't normally respond to you as you seemingly have little intellect but surely even a neanderthal amoeba such as you can look back in history and see that man made things from wood and stones for millions of years and then they discovered how to extract and work metal for progress.

Men like you would have said back then why do we need metal when we can already make stuff from wood and not accepted that metal could be tougher and more durable and hence they could use the same things for many years to come rather than keep replacing broken wooden stuff, meaning greater efficiency of time. It's called progress but I'm happy for you to bury your head in the sand and get left behind, it's what you deserve for your lack of education.

[billthebank] 19/1/2018 15:26

From Final Results RNS 11th Dec 2017... "Following collaboration between TRAC's CEO and TRAC's Chairman, and working with select digital marketing and technology providers, on 18 October 2017, the vision for the digital gold currency Goldbloc was announced. Goldbloc's aim is to provide the convenience and utility of a fiat currency bank account, but representing direct ownership of physical gold by the Goldbloc holder. Each Goldbloc unit will represent 1/1,000th of a gram of physical gold (approximately �0.03 based on the current gold spot price) and shall be divisible to two decimal places. Goldbloc evolved from TRAC's offering of an online physical gold holding and trading platform to become a physical gold digital currency, in a bank account. The full commercial version of Goldbloc is currently scheduled to be available, with physical debit card(s) attached to the Goldbloc holder's account, from Q2 2018." hxxp://therealasset.co.uk/ hxxp://www.goldbloc.com/

[1rodson] 19/1/2018 15:24

Exbiz you make some well considered points but I disagree and will go a step further.

Bitcoin has boomed because so many people got in at the right time when all people could see shoved in their faces was profit profit profit and very little competition.

It so very different today as regulators wake up to the potentially evasiveness and ML possibilities that can be lost under the Umbrella of Bitcoin. I feel very strong over this and I am prepared to state that in around about a year from now Bitcoin will be history.

Also as the crypto concept spreads you can bet your boots the basic human nature question of , WHERE IS THE BEEF? Will come into play.

[exbiz] 19/1/2018 15:15

sea7
They hoped to have a version available by end of 2017. Not heard anything about it since. Ripple have a similar protocol already available which many banking establishments have signed up to and yet not a single B2B transaction has transpired with only a small Mexican bank offering itself up as willing to initiate a transaction.

The reason, they are 9 years behind Bitcoin block chain already. Big slow moving, cumbersome Goliaths believing that they can catch up with disruptive tech in a dozen or so months. As I said they are way behind with the brightest minds in Computer Science and Advanced Mathematics now deciding to work on their own algorithms and protocols and develop their own business models outside of these goliaths who are being left behind.

[sea7] 19/1/2018 15:12

1rodson, the filter message is to alert you that you have someone on filter. Posting copy and pastes of those messages on a board, when the person isn't even talking to you, is a bit self loving isn't it.

[sea7] 19/1/2018 15:10

cannot argue with that potter25. Takes both sides to make a message board!!