Techfinancials Share Discussion Threads

[tomboyb] 15/1/2018 07:45

I've got around $2.5mill for 2017 -

[jungmana] 15/1/2018 07:37

Was actually $3.5m Tech got in dividend pay outs in 2017.

[tomboyb] 15/1/2018 07:27

CEDEX has also $400k as well as a loan -

A bit of patience required -

TECH in itself has enough cash and gets a dividend of around $2.25mill per annum -

That is in excess of its existing cash position -

[jungmana] 15/1/2018 07:10

No he doesn't. He is just a punter who thinks he has missed the boat. We will get many of them popping up on our journey

[jp1962] 15/1/2018 05:09

Sep800 do you hold?

[sep800] 15/1/2018 01:43

Don't get too comfortable here, remember its AIM and I can only see dilution further before March. Private Investors do want in before ETH climbs too much leaving general public paying much more for Cedex
I still think Cedex will release further dilution prior to March and even then once the private sector has achieved buying as many Cedex as possible it will leave Tech much less % percentage to buy into CEDEX. Its going to be end 2018 before we can actually valuate where CEDEX worth is, so M/C £25M here is fair at present.
Euclid stated our worth £50M for the pre sale... Can't see that at present until at least end of sale towards end 2018 and only then realise the true effect of dilution here.
Maybe Tech should renogiate their terms and buy in sooner

[hazl] 14/1/2018 18:53

TO CONTINUE THE BLOCKCHAIN THEME.

[jp1962] 14/1/2018 18:21

Given the huge implied demand this exchange could get off to a flying start in the summer.I doubt if will be 70p as summer approaches.

[guyswonga74] 14/1/2018 18:15

SP should be mid 30s for next few weeks going on last weeks strength. Then expecting 60-70 mid march

[botack] 14/1/2018 17:27

All Healthy Maneuvering to stop a bubble forming should there ever be one forming -

Market is Still Growing Rapidly
Song Eng, a cryptocurrency research, revealed that Binance has become a billion dollar startup in the shortest time in history. Within six months, it has become the largest cryptocurrency exchange in the global market, with a market valuation of nearly $2 billion.

“What determines its market cap? In August, Coinbase raised $100m from prominent VCs at $1.6bn, confirming its status as the first ‘Bitcoin’; unicorn. While their business models are not identical, Binance likely has surpassed Coinbase in trading volume and at its current rate should take global #1, given that it operates in Asia (Japan/China) and Asia is 40%+ of global Bitcoin trading,” wrote Eng.

Exchanges like Kraken, Bitstamp, Coinbase, and Binance are said to be adding over 100,000 users on a daily basis, and consequently are struggling to meet the demand from their users.

Evidently, given the exponential increase in the growth rate of cryptocurrency exchanges, there exists a significant demand for cryptocurrencies. But, it is also important to consider the rate of the growth of the market.

Short-term major corrections prevent bubbles from forming, by shaking off weak hands and solidifying the market. After a 20 percent decline in the valuation of the cryptocurrency market, a large number of weak hands or speculators tend to exist, while strong hands remain in the market.

Given sufficient demand for cryptocurrencies from the global market, it is likely that the market will recover in the upcoming days, as it recovers from the South Korea trading ban controversy.

[jp1962] 14/1/2018 11:01

I believe I heard it's going to be 1500 coins per ETH from the telegram chat according to cedex admin if ETH stays at roughly the same level.Did anyone else here that?

[muffster] 14/1/2018 08:42

Interesting comment on telegram. The bonus is awarded when the transaction is completed, not based on registration date.

[jp1962] 13/1/2018 18:30

You will need to divide by 1000 to 1500 in your calculations

[jp1962] 13/1/2018 18:29

The rate won't be 1 ETH to 500 coins though but over a 1000 coins at least if it stays at this rate.

[euclid5] 13/1/2018 18:19

Ether now $1400 each

Pre sale Phase in March 16 2018: 25m tokens div 500 = 5000 Ether x $1400 = $70m / 1.35 = £51m

Playing the conservative card:

If they only raise 50% of the Crowd sale after From 25m to 12.5m Cedex tokens

12.5m div 500 = 25000 Ether x $1400 = $35m / 1.35 = £25m

Total £75m x 87% Tech stake = £65m

£65m div 75m Tech shares = 87p
__ _____________ ______________________________________

Positive spin

If they sell all 25m in the Crowd sale Phase

25m tokens div 500 = 5000 Ether x $1400 = $70m / 1.35 = £51m

Pre sale Phase in March 16 2018: 25m tokens div 500 = 5000 Ether x $1400 = $70m / 1.35 = £51m

£100m Cedex value x 87% = £87m

£87m div 75m Tech shares = 116p

[jp1962] 13/1/2018 18:19

Anyway sorry to divert from tech.Anyway tech will offer good exposure to ether in terms of appreciation of the coins

[jp1962] 13/1/2018 18:15

Seems to me there would be a huge market to actually be able to buy crypto currency with a broker based in the uk with a uk contact number so you can speak to a human.Not this email support these abroad based brokers hide behind! Every crypto broker seems to be based abroad with terrible customer service reviews and no telephone support in case of problems.In particular easy to deposit money but very difficult to withdraw!

[euclid5] 13/1/2018 18:02

None in the UK, yet

[jp1962] 13/1/2018 17:22

Thanks Tomboy will look into it

[tomboyb] 13/1/2018 17:19

Bitfinex + Binance -

[jp1962] 13/1/2018 16:35

Are there any brokers based in uk where you can actually buy ether with a number you can actually call.Others like Coinbase ( Seen bad reviews about customer service) seem to based abroad which I won't entertain

[tomboyb] 13/1/2018 14:00

One hopes so JP -

I holding a rather large wedge here so every penny is counted here -

[hazl] 13/1/2018 11:32

Euclid bits of that are very interesting
'
The company’s announcement of the exchange promises promotional benefits to early sign-ups, including a 1,000 yen account credit and select fee-free operations.

The project had been in the pipeline for several months and comes as Japan continues to cement its status as the world’s new regulated cryptocurrency trading hub.

Commenting on the launch, English-language podcast Thinking Crypto forecast that it would be around a week until the exchange’s volume was reflected in prices.'

[jp1962] 13/1/2018 11:14

Would not be surprised to see tech at 60-70p come March as interest builds

[jp1962] 13/1/2018 11:12

Mind you I suppose you could say the rate 500 coins for 1Ether in the private sale is much better then having to give over a thousand later on in March.Also cedex with more money is more valuable with the associated increased development as a result of the extra money.Hope our stake remains 85% in March