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by justboxing 3103 days ago
Its not 'Bitcoin', its 'BlockChain'.

Acquire a mining company on the down low, and add 'BlockChain' to your Company name and announce it. That's all you gotta do.

Exhibit 1: Longfin. Shot up 2000% after an obsure FinTech company that IPO-ed at $5-ish shot up to over $126 after announcing 2 days after the IPO that it acquired a (shady) blockchain mining company.

Watch the CNBC reporter RIP the CEO apart here. They were selling their 'Ziddu' currency over HTTP.. (no SSL) => https://www.cnbc.com/video/2017/12/18/small-cap-longfin-soar...

Exhibit 2: RIOT "Blockchain". a weak pharma company with a sketchy past, acquires a blockchain mining company and add "BlockChain" to it's name. Overnight, stock shoots up from $5 to $45 = 900% increase. See https://seekingalpha.com/article/4133208-kind-company-riot-b...

1 comments

Not to forget FTFT, "Future FinTech Group Inc", that despite the fancy name is a tiny fruit juice company. 'pivoted' to blockchain, stock shot up more than 200%. What a time to be alive!