Quantum Blockchain Techn... Share Discussion Threads

[bullrun1] 10/1/2023 12:27

Looking like 2p getting wiped out today guys.. ;)

[buffskins] 10/1/2023 12:17

cheers GLA !!!

[flc] 10/1/2023 12:12

1.28m just gone through.

[bullrun1] 10/1/2023 12:12

Mms know its a popular stock so they dropped it to go fishing for shares.. GLA:)

[master rsi] 10/1/2023 11:52

Finally is moving into BLUE territory after much early mayhem

[bullrun1] 10/1/2023 08:29

Watch this gain momentum throughout the day, a small drop first thing is always healthy imo.

[iceagefarmer] 09/1/2023 13:23

LETSBUY's plan failed miserably..exposed himself for being a city shill...card marked..i sussed what he was up to

[idriveajag] 09/1/2023 13:20

QBT is the place to be.

[master rsi] 09/1/2023 12:48

and life is back in the stock after MMs little marked down earlier,
1.65 v 1.70p now

[madmonkflin] 09/1/2023 12:48

is the force...

[bullrun1] 09/1/2023 10:31

Looking very strong indeed.. train leaving the station in a hurry

[master rsi] 09/1/2023 10:25

Already at 1.40 v 1.45p and 2.45M volume, all buys

[broomrigg] 09/1/2023 09:55

1p was a mistake....heading back to 2p (just for starters)

[master rsi] 09/1/2023 09:48

Volume buying is on and with it, the share price has gone to 1.30 v 1.40p

[buffskins] 09/1/2023 09:20

Keep an eye on the volume. That should spike this week and away we go. GLA

[felchandbart] 09/1/2023 08:16

Looking for a good week, good month and good year from here. Exciting times ahead for QBT shareholders.

[idriveajag] 09/1/2023 08:07

Brilliant news about Blackrock adding Bitcoin to their huge Global Allocation Fund. QBT will be worth a fortune.

[master rsi] 08/1/2023 22:00

Francesco Gardin of Quantum Blockchain Technologies: Dr Grover is leading light in the sector - Jan 6, 2023

Francesco Gardin, CEO and Chairman Quantum Blockchain Technologies #QBT discusses the significance in retaining the service of Dr Grover, a pioneer in quantum computing R&D and leading light in the sector.

Audio -

[sharetalk] 08/1/2023 13:17

Seriously important news from Blackrock, that ensures demand for Bitcoin (they will be able to invest directly) and should help drive the price to new highs:



Blackrock adds Bitcoin to their $15TR Global Allocation Fund, trillions of $ to flow the market
6/1/2023

- The American investment firm, BlackRock has added Bitcoin to its $15 trillion Global Allocation Fund.

- With this move, BlackRock can scoop up all BTC on exchanges with just 0.32% of the assets it has under management.

American multinational investment management company, BlackRock has allegedly added Bitcoin (BTC), the world’s largest digital currency by market capitalization to its Global Allocation Fund. As the world’s biggest investment firm with over $10 trillion in assets under management (AUM) as of January 2022, the Bitcoin addition to the firm’s primary fund is considered a very bullish move for the crypto industry.

Bitcoin has thrived over the years as the pioneering cryptocurrency and since its inception about 14 years ago, it has notably gained the interest of institutional investors today. While the charge by Wall Street into Bitcoin can be attributed to MicroStrategy Incorporated, a business intelligence and software firm with over 132,500 Bitcoin units, BlackRock has also made some significant moves to solidify its growing interests in the nascent asset class and sector.

As reported by CNF, the New York-based firm partnered with publicly traded exchange Coinbase Global Inc back in August last year to offer institutional investors a direct avenue to invest in Bitcoin. The company has made some follow-up moves and launched a spot Bitcoin private trust for its high-profile clients shortly after the Coinbase deal.

The addition of Bitcoin to its Global Allocation Fund is considered a bigger game changer as it implies the firm could invest directly into the premier cryptocurrency. Considering its last reported asset base, BlackRock will need just about 0.32 percent of the funds in its custody to scoop up all the Bitcoin available on exchanges.

According to speculations by the crypto analyst, the Wolf of Alts $treet, the total Bitcoin on all centralized exchanges (CEXs) is currently pegged at about 1,856,625.8. This figure is valued at around $31.1 billion when computed with the current price of BTC around $16,000. In his analysis, $32 billion is just around 0.32 percent of the $10 trillion in custody by BlackRock.

A Bullish Reality

For the past year, Bitcoin and the broader crypto ecosystem have been waiting for a significant fundamental push that may signal an end to the current crypto winter. The push made by BlackRock to add Bitcoin to its Global Allocation Fund is perhaps one of the most prominent bullish realities the industry is starting the year out with.

While BlackRock is definitely going to be conservative with its allocations to Bitcoin, its investments in the coin are largely going to be very significant, and thus, likely impact the coin’s price growth. 

Over the course of the next few months, we are likely to see trillions of dollars flow into the market as other big investment management companies may also choose to follow in the footsteps of BlackRock to go more bullish on Bitcoin. These events can fuel a run in the price of BTC and a visible rub-off may be seen for altcoins as well.