/biz/ - Business & Finance

>>16263761
>dat last exit pump

>>16263761
Why?

>>16263761
lmaoooooo craiglets on suicide watch

>>16263761
Buy the dip

>>16263761
>muh hash wars
PoW will be dead soon as well

>>16263766
Because he's a complete fucking retard who had to mine and hodl his own coin. The organic adoption for bsv never materialized and now he's at a deep loss on his investment

>>16263761
https://www.globenewswire.com/news-release/2019/11/12/1945978/0/en/Squire-Announces-Resignation-of-Auditor.html
COULD THE FLEEING RATS KINDLY SWIM AWAY INSTEAD OF HOGGING THE LIFEBOATS, THANK YOU. DRINKS WILL BE SERVED ON THE UPPER DECKS SHORTLY. THE ICE SHORTAGE HAS BEEN RESOLVED.

Dr C S Wraught is on Squires 'Advisory Board'.
What could go rong, etc.

>>16263814
>>16263830
Hahahahaha bsv is run by a bunch of complete losers!

>>16263799
I hate to admit it, but he's right.
It looks like BSV might be about to collapse.

>>16263799
Didn't BSV do a 2.5x this year though?
I don't get it.

>>16263791
>PoW will be dead soon as well
newfag tard that has no clue spotted

>>16263846
In order for the price not to tank, calvin had to hodl something like 97% of the bsv he mined and now he's stuck with that shit. If he sells it, the price collapses. He fucked up really bad.

>>16263846

>>16263851
What a dummy, should have rented more hash power to get the BCH name and ticker, and Craig should have laid low when CZ was pissed off at him just for a month.
Calvin is a pretty business smart guy though so I think he'll think of some way through it at least for another year.

They have old mining rig S9. They will crash BTC price + halvening, so mining and investing in new antminers is just stiupid.

>>16263799
Gaaad, check out this hashrate comparison. Looks absolutely brutal.

>>16263855
heh. this company was buried by same people that now have Bakkt

>>16263861
Unless he could find some institution to sell him a gargantuan short on bsv, he's truly fucked. No way will he be able to do anything with those shit coins especially with the only miner for bsv sliding off a fucking cliff.

>>16263766
Auditor resigned 2 days ago...

you guys do know that Squire is mining BTC right? is this thread bait or something lmao

This is not good news for Creg.

For those of you who don't understand, especially BSV holders: Calvin Ayre is the man behind Craig Wright. CSW is nothing without Calvin, his benefactor, and Calvin has been around since the very beginning, even before Creg was "outed" (totally not in a staged way!!!) as Satoshi. You would hardly hear about CSW were it not for Calvin.

>>16263893
Wrong, dumb ass. Squire was mining bsv for with calvin and now he's stuck in an illiquid turd that he can't do anything with.

>>16263897
I think tbf, you could possibly rephrase that as 'creg is not good news. For anybody'. And while I believe Calvin is not completely fucking stupid, being on the same continent as that fucking idiot, nevermind having him running loose in obv. every fucking company, idk.

>>16263761
He's looking pretty comfy to me

>>16263936
the thing to understand about the calvin-creg dymanic is they are both using each other. calvin thought he could use bsv as a way to launder all the illegal cash he accrued. creg is using calvin...well its obvious.
this relationship will end the moment its no longer profitable for calvin.

>>16263947
>boss, they found out about your business failing, what should we do?
>I'll jump in this pool with my wineglass and post a pic of it, that should totally save me from going bankrupt

>>16263912
How do you know what they are mining? What is your source? Because Calvin says they are mining BTC and not BSV

>>16263947
Hadn't you noticed, Calvins taken to 'spending more time a this estate' recently ? Just needs a fiddle
>a metaphorical one, that is
>shame cregs got an Antiguan passport now as well
>>16263965
as in, yesterday ? You get clean and shiny faces to front your shit, esp. financial shit. creg. s. wright, JUST fucking no.

>>16263970
Nothing forced sex with an underage sex trafficked prostitute won't fix

>>16263761
They are mining BTC core cucks. This thread smells.

>>16264395
Smells like desperation to me, anon

>>16264395
>>16264421
well, apart from the major contracts being cancelled 'due to material changes in the mining industry', your advisory board members due before court for fraud, a chart that looks like a car crash and the fact that the fucking auditor fled two days ago, sans replacement.. that aside, I'm sure this is all JUST corecuck FUD'ding, yes

>he thinks squire is a Bitcoin mining company

>>16264569
Whew lad! That's a big fucking YIKES from me...lol

How is he losing money? As long as you have a power contract with less that 0.05 usd/kWh you can mine whatever you want and its pure profit.

>>16264640
Nobody gets power contracts like that in the US unless you are a specialized industry, which crypto mining is not.

>>16264395
>>16264421
>>16264636
>>16264640
>quick, post some more pics with wine glasses so people don't panic
BSV is complete garbage

oh this explains the latest BSV curry attack against /biz.
cash is running out

>>16263761
This is how altcoins are going to look soon. We are in the stage before the last pump

>>16264640
>How is he losing money?
because he has to hold 97% of the coins he produces.

>>16264650
There's plenty of warehouses in Texas being sold right now for a few million with such contracts. Some even with older s9 miners included. As long as you negotiate at least a MW of power companies will listen to you.

bump

obvious bear trap, imagine not buying the dip

>>16263846
what the fuck are you smoking?
BSV is stuck between 0.01 and 0.00
it had a 0.02 high on the CG conference but that was pure wash trading

>>16263761
I'm confused, how is this shitty stock boomer company related to BSV?

>>16265690
That stock was Calvin Ayre's crypto mining company. It's falling apart

>>16265721
Is mining dying or is this because of BSV's shitty centralized mining?

>>16265721

Squire is not a crypto mining company, but rather a DATA mining company.

Let me put it this way...if all finance and trading is being done on Bitcoin, then miners (both data and sha256) will replace high frequency trading firms over night, since they are the first to receive this information.

Squire is a 10 year play. Calvin knows what he's doing.

All of Calvin's Bitcoin mining is done through Coingeek on his own machines.

>>16265788
Calvin claimed it was because mining is dying but in reality he's just an idiot that fucked himself by trying to prop up bsv

>>16265791

>>16265791
Wrong, idiot. Squire is already a failed company.

>>16265811

You have no idea what you're talking about

https://thecse.com/en/listings/mining/squire-mining-ltd

Do yourselves a favor and take a note of the dates on that chart. You should notice a big gap.

>>16265828
No shit dummy. Calvin's merger deal with them fell through and he's shit out of luck. He's truly fucked.

>>16265721
He'll bankrupt the company and keep the individual profits as is the norm.

Unfortunately, he'll probably still be able to play market maker and continue being a cancerous growth in the crypto space until people actually decide they'd had enough and short his positions to death.

He's certainly invested in BSV so maybe that's what people should start with, if this were to ever happen

>>16263761
also, he like 'em young

Quality FUD thread core cucks. Too bad you are operating on extremely limited information.

>>16263912
Miners mine all three forks.

>>16263965
>launder money on a public blockchain

>>16264650
mining seems pretty specialized to me.

>>16266849
hah got em

>>16263761
BSV is crashing lmfao

>>16266891
imagine not buying at a discount the real Bitcoin

>>16266876
>reposting the same old shop for 6 years
pow is truly done

>>16267032
literally just sold my bags, hold them for a while pls, maybe ill swing back in at $30

>>16266849
i was thinking about this the other day
once enough blockchain adoption occurs, literally everyone will move there because ML algos will be so easy to train and all the data everywhere will be available

>>16266757
Squire AGM, 9th December shill - tick tock™
>AGENDA #1 - Accounts and Auditors Report
>hello ?
>CAN WE HAVE THE AUDITOR NOW PLEASE
>whadda you mean, 'theres none' ?

>>16266843
Wrong

>>16263761
Tf does bitcoin satoshi's vision have anything to do with boomer stocks?

>>16267512
That stock was calvin's mining company that he was trying to go public with. It's on the verge of bankruptcy now though and he's desperately trying to manage his sinking ship.

>>16265791
holy shit damage control to the max
it's a crypto mining company

>>16268038

You're thinking of Coingeek

Shills are sliding this thread.

>>16263897
Buy the rumour sell the new. The satoshi bullshit doesn’t even matter homo. Bsv will pump regardless

>>16263947
That is probably fucked in a hurricane

>>16263761
that exit pump. kek.

NICE FUD
Squire Mining Ltd
CNSX: SQR
0,17 CAD +0,040 (30,77%)

>>16266757
They really are making decent FUD threads lately . Bless their little hearts