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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Follies who wrote (168579)2/14/2021 10:26:20 PM
From: TobagoJack  Respond to of 218913
 
I hope you are right, but feel that once BTC reaches 90,000 the crowd would compel it to reach 100K in short order

But given that BTC has no correct price, any number possible. Wonderful.

To the tragedy-struck folks in Venezuela and Zimbabwe, a bit of BTC, even if bagful of Satoshi, would be life saving

One day gold shall do same

Until then, bitgold doing



To: Follies who wrote (168579)3/8/2021 10:09:42 PM
From: TobagoJack  Respond to of 218913
 
Re <<90000>>

More possible now. Would be happy should you win the wager.

The model long ago predicted that by 15th March we shall be at 52,943 Message 33222166 and we are overshooting a bit as at this moment

Re BTC and Ethereum, the cyber gold and the virtual silver, Team China comrades joined the battle to engage with the future of interplanetary finance, just as I was wondering what might change on the battlescape ...



Meituan, the internet retailer, certainly sports a China China China CCP Party Secretary in its governance structure, and apparently the move passed disciplinary inspection

to arms, per call of duty, and weaponise ... and if other China China China companies buy in, then we have a national security issue ;0)

We already know about the Russians jpt.spe.org "Gazprom Neft Mines Bitcoin as an Alternative to Flaring Unwanted Gas"

Do the Europeans and Japanese really wish to be out of the fray, and the Indians, Brazilians, ... snd, oh, the Saudi Arabians?

finance.yahoo.com



On 9 Mar 2021, at 10:11 AM, B wrote:

Surprised since PBOC preparing to launch digital RMB…co. has close CCP connections

From: S
Sent: Tuesday, 9 March 2021 9:08 am
To: B; D; J
Subject: MEITUAN-W (03690.HK) Buys US$40M Ether, BTC


aastocks.com

MEITUAN-W (03690.HK) -19.200 (-6.218%) Short selling $690.91M; Ratio 4.241% announced that it had on March 5 purchased 15,000 units of Ether and 379.1214267 units of Bitcoin (BTC) in open market transactions at an aggregate consideration of approximately US$22.1 million and US$17.9 million respectively.

The group opined that cryptocurrency prices in general are still highly volatile and therefore the Board currently decided to invest in the two largest cryptocurrencies by market capitalization, Ether and Bitcoin, which the Board believes should enhance shareholder value in the long-term.



To: Follies who wrote (168579)3/8/2021 10:29:04 PM
From: TobagoJack  Respond to of 218913
 
<<90000>>

Weaponised Meituan reacting well to the weaponisation Message 33233710 , and am sure the players are paying attention, to call of crypto arms

finance.yahoo.com




To: Follies who wrote (168579)3/9/2021 4:13:14 AM
From: TobagoJack  Read Replies (1) | Respond to of 218913
 
90 min to go before dinner time and I do not understand why BTC has not taken hill 55000 yet

One hill almost as good as another hill. But 55K is better for appetite. It is not as if anyone is meaning to take the profit and run as some did w/ GameStop at 90. What is the fun of taking profit when the profit is running fine?

:0)

deribit.com




To: Follies who wrote (168579)3/9/2021 7:22:46 AM
From: TobagoJack  Respond to of 218913
 
Reinforcements on the way

Bitcoin mania triggers fundraising rush by Chinese players
scmp.com



To: Follies who wrote (168579)3/9/2021 3:46:31 PM
From: TobagoJack  Respond to of 218913
 
My day shall soon start, and by dinner time BTC should and could, and maybe would leave 55000 behind and on way to 56000 to hand back to your shore

deribit.com




To: Follies who wrote (168579)3/10/2021 4:51:47 AM
From: TobagoJack  Read Replies (1) | Respond to of 218913
 
Following up Message 33234775

<<My day shall soon start, and by dinner time BTC should and could, and maybe would leave 55000 behind and on way to 56000 to hand back to your shore>>

45 min to dinner time, and BTC is more than half way from 55k to 56k. The Hong Kong Boyz is handing off to the NYC Boyz, and to drinks followed by dinner, for a good day's work done well.

deribit.com




To: Follies who wrote (168579)3/11/2021 7:32:03 PM
From: TobagoJack  Respond to of 218913
 
Following up Message 33235480

Perhaps the Boyz in HKG shall hand over BTC to the b Boyz of NYC at 58K by dinner time here

deribit.com




To: Follies who wrote (168579)4/19/2021 6:35:13 AM
From: TobagoJack  Respond to of 218913
 
Following up to Meituan story Message 33233725

Comment, should Meituan wish to dent Alibaba finance.yahoo.com , it needs to get a lot more BTC for its armory

Wonder what if anything happens should BABA weaponise bitcoin?

In any case $10B can be hard-forked to working capital and BTC weaponisation

I think I shall play it on long calls rather than short puts
bloomberg.com

Meituan Seeks $10 Billion to Fight Alibaba in Red-Hot Arenas
Julia Fioretti
19 April 2021, 17:53 GMT+8

Chinese delivery giant Meituan is seeking about $10 billion from the sale of new stock and convertible bonds as it works to strengthen its lead in meal delivery while expanding in new areas such as groceries and ride-hailing.

The nation’s third-largest internet company is selling about 187 million shares at HK$265 to HK$274 in a top-up placement, as well as raising $400 million from shareholder Tencent Holdings Ltd, according to terms of the deal obtained by Bloomberg News. It is also selling about $3 billion in zero-coupon convertible bonds.

The price range for the placement represents a discount of 5.3% to 8.4% to Monday’s closing price of HK$289.20. The convertible bonds are divided in two tranches, with Meituan selling as much as $1.48 billion in six-year notes and as much as $1.5 billion in seven-year paper, the terms show.



Meituan has embarked on an aggressive spending spree to try and shore up its lead in meal delivery while expanding into a host of adjacent areas from groceries to ride-hailing. Chief among its expansion efforts is a foray into the red-hot community commerce arena, where buyers in the same neighborhood enjoy bulk discounts of fresh produce.

“They are going into new areas including group purchases and those need a lot of capital and they need a war chest to compete,” said Kerry Goh, chief investment officer at Kamet Capital Partners Pte. “Valuations are still pretty decent compared to a year ago.”

Meituan intends to use the proceeds from the stock and bond sales for technology innovations, including the research and development of autonomous delivery vehicles, drones delivery, and other cutting-edge technology, and general corporate purposes.

‘Well Received’Meituan has warned it will remain in the red for several more quarters despite record revenues, underscoring the cost of competing against the likes of Alibaba Group Holding Ltd. in newer spheres of online commerce.

“During the announcement of their results, the company mentioned that they need to invest a lot for future development,” said Steven Leung, an executive director at Uob Kay Hian in Hong Kong. “The market remains very cautious, but with an 8% discount to the last closing price, and also with very detailed plans, this will be very well received by the market.”

READ: Meituan Flags More Losses After Delving Into Hot Commerce Arenas

China’s economic recovery has helped the world’s largest meal-delivery service increase orders, while its hotels and travel businesses benefited from a rebound in domestic travel when the country reined in the pandemic. That’s allowed Meituan to shift its focus to developing fast-growing new businesses while navigating heightened regulatory scrutiny.

Tencent is delving deeper into Meituan at a time global investors are souring on the Chinese tech sector. Meituan has lost some $123 billion of its value since a Feb. 17 high, pummeled by fears that Beijing’s crackdown on Jack Ma’s Internet empire will expand beyond Alibaba and Ant Group Co. to engulf other sector leaders like Tencent and Meituan.

Meituan has begun using self-driving vehicles for grocery delivery in the Chinese capital since the Covid-19 outbreak last year, with at least 15,000 orders being completed so far, Wang Xing, the company’s chief executive officer, told analysts during a conference call in March. Wang said Meituan is also experimenting with how to deliver food using drones in the southern Chinese city of Shenzhen.

Goldman Sachs Group Inc. and Bank of America Corp. are joint global coordinators and joint bookrunners for both the bond and equity offerings. UBS Group AG and CLSA are also joint bookrunners for the top-up placement.

— With assistance by Ishika Mookerjee, Coco Liu, and Catherine Ngai

(Adds more details throughout.)

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