Quantum Blockchain Techn... Share Discussion Threads

[broomrigg] 11/1/2023 09:59

Yep here we go.

I would bet my life on Zak Mir saying something in the Vox traders cafe today.

[broomrigg] 11/1/2023 09:56

Tree shake this morning......shouldn't last long.

[stumbleupon] 11/1/2023 09:33

Define immediate, please ...;0)

[city chappy] 11/1/2023 09:02

QBT immediate price target 30p.

[horneblower] 11/1/2023 08:55

Moderated?

[tell sid] 11/1/2023 08:47

That's small beer compared to the $billions of revenues that will flow to QBT.

[highly geared] 11/1/2023 08:36

Will the algorithm require purpose built quantum computers or average cost off the shelf versions that make it commercially viable. The top end quantum computers are $10-$15 million a piece.

[buffskins] 11/1/2023 08:30

that is a point well made.. we should be looking at 5p plus another 50% on top, minimum

[bbanker] 11/1/2023 08:28

Perhaps the option to purchase shares at 5p was not such a bad deal for those closely involved in improving the performance of Bitcoin production. Something is clearly going on with the significant upside in the share price over the last few days. Hang on in there.

[idriveajag] 11/1/2023 08:21

Let the weak holders take a bit of profit then it's on to £1. Pointless trying to trade this, which could be worth £billions. Just buy and hold.

[bullrun1] 11/1/2023 07:35

Yeah good effort sharetalk thanks I see BTC still rising slightly bodes well

[iceagefarmer] 11/1/2023 00:16

i dont think professor Gardin and dr Grover are strange though..both top masters in their fields..formidable duo dont you think in the bitcoin world?

[iceagefarmer] 10/1/2023 21:59

4p next resistance

[iceagefarmer] 10/1/2023 21:55

probably mad scramble to buy tomoro..i notice IG have stopped spread betting in it..

[iceagefarmer] 10/1/2023 21:51

seriously i think we are looking at a £billion company here... how many involved 26? plus Gardin...i think they will do very well out of it if there is a takeover plus no doubt they all own shares in the company.. i'm going for 100p short term ie this year so 50 bagger

[atlantic57] 10/1/2023 21:34

Sharetalk that is an excellent post !
You offer a reasoned case and have taken the time to post the detail.

[sharetalk] 10/1/2023 21:12

How much could QBT be worth?

A) Based on QBT's 30% improvement 'Method B' software, licensed to Bitcoin miners and QBT earning 10% commission on the extra Bitcoins mined:

Using figures from Q4 2022 (which I first mentioned last year): In October 2022, Riot mined 509 Bitcoin, Marathon mined 615 and Core Scientific mined 1295 (Total = 2419). That is just 3 US miners for 1 month during a downturn. It would be easy for QBT's '30%+'software to penetrate double that portion of the market and earn a sizeable return quite quickly. Do the maths on the top 10 or 15 miners (excluding any in Russia). In November 2022, around 900/day or 27,000/month Bitcoins were mined world-wide.

If QBT software were used by miners currently mining even just 4000/month Bitcoins, giving those miners 1200/month Bitcoins extra (+30%), and QBT earned 10% or 120 Bitcoins/month commission on the upside, QBT would have earned just over $2m/month ($24m pa) revenue at the then current Bitcoin price around $16,800. Then multiply that $24m by a modest x10 to derive a conservative MCap. Obviously the revenue and MCap would increase as the price of Bitcoin rises (it already has) which it should do quite substantially.

Note also that 'AsicBoost' software was previously commercialised by another company, with only a 10 to 15% improvement and QBT's 'Method B' is said to be twice as good at 30%+. Other already commercial products provide even smaller boosts. In addition, software is one of the easiest products to distribute and has a high margin.

So QBT's 30% 'Method B' software booster alone could make QBT a $250m+ mcap company with Bitcoin at $16,800, $500m+ mcap if Bitcoin at $33,600, $1 billion mcap if Bitcoin at $67,200, $1.48 billion mcap if Bitcoin at $100,000, etc. In addition, QBT could improve further on the 30% upside, the software could be used even more widely, QBT could charge a higher commission, the Bitcoin price could rise further ($100k+ near-tern seems likely imo), or any combination, further increasing revenues to QBT.


B) Based on QBT's filing a Patent for their proprietary SHA-256 AI algo in Quantum computers:

If QBT file a new AI patent in H1 2023, at the end of Dr Grover's 3 month contract, checked and endorsed by him, that patent could be worth a fortune.

Basically QBT could have cornered the quantum version of the SHA-256 mining algorithm and could commercialise it within 1 or 2 years, if there are new quantum computer advances (QBT are said to be monitoring a couple of companies), otherwise in 2 or 3 years. However, such a Patent will have substantial discounted value, as soon as it is filed (particularly if checked and endorsed by Dr Grover).

Note the figures in the heading for Total Value of Bitcoins Remaining to be Mined (Nov 2022):

-- If Bitcoin price $20,000 = 1,804,000 x $20,000 = $36,080,000,000 ($36.08 billion)
-- If Bitcoin price $40,000 = 1,804,000 x $40,000 = $72,160,000,000 ($72.16 billion)
-- If Bitcoin price $60,000 = 1,804,000 x $60,000 = $108,240,000,000 ($108.24 billion)
-- If Bitcoin price $80,000 = 1,804,000 x $80,000 = $144,320,000,000 ($144.32 billion)
-- If Bitcoin price $100,000 = 1,804,000 x $100,000 = $180,400,000,000 ($180.40 bn)
-- If Bitcoin price $120,000 = 1,804,000 x $120,000 = $216,480,000,000 ($216.48 bn)
-- If Bitcoin price $140,000 = 1,804,000 x $140,000 = $252,560,000,000 ($252.56 bn)
-- If Bitcoin price $160,000 = 1,804,000 x $160,000 = $288,640,000,000 ($268.64 bn)

Assuming Bitcoin is over $100,000 quite soon, there would be just under $180.4 billion Bitcoin value left to mine. Discount back 10% of that to QBT on a potential AI Quantum computing Patent filing (checked and endorsed by Dr Grover) in H1 2023 = $18 billion value to QBT.


Thus based on either A) or B) above, QBT's share price could soon be in £'s, and it is looking as if both could come good.

[broomrigg] 10/1/2023 20:01

We've broken through Zak Mir's most recent target price (I think it was 1.8p) so expect an update from him tomorrow.

[iceagefarmer] 10/1/2023 19:40

A bullish outlook on Bitcoin
After a drawn-out crypto winter, the industry is finally receiving a spark of hope thanks to BlackRock’s announcement to add Bitcoin to its Global Allocation Fund. However, this could be one of the most bullish events the cryptocurrency market has seen in recent years and marks a significant milestone for this burgeoning sector.

BlackRock’s investments in Bitcoin will be deliberate and calculated, but they are sure to have an immense impact on the coin’s price appreciation.

In the coming months, we may witness trillions of dollars being injected into the market as other prominent investment firms join BlackRock in their bullish outlook on Bitcoin. Also, this could be a catalyst for BTC to skyrocket, and an indirect beneficial effect might spill over onto altcoins.

[iceagefarmer] 10/1/2023 19:32

A bullish outlook on Bitcoin
After a drawn-out crypto winter, the industry is finally receiving a spark of hope thanks to BlackRock’s announcement to add Bitcoin to its Global Allocation Fund. However, this could be one of the most bullish events the cryptocurrency market has seen in recent years and marks a significant milestone for this burgeoning sector.

BlackRock’s investments in Bitcoin will be deliberate and calculated, but they are sure to have an immense impact on the coin’s price appreciation.

In the coming months, we may witness trillions of dollars being injected into the market as other prominent investment firms join BlackRock in their bullish outlook on Bitcoin. Also, this could be a catalyst for BTC to skyrocket, and an indirect beneficial effect might spill over onto altcoins.

[iceagefarmer] 10/1/2023 18:37

if you dont know by now you never will..licence to print money, dont worry just pile in and millionaire next year