Sunday, December 10, 2023

Security Features

Babylon Bitcoin Protocol

Introducing the Babylon Bitcoin staking protocol with three key security properties when used in conjunction with a standard consumer PoS chain:

Fully Slashable PoS Security: In the event of a safety breach, a guaranteed 1/3 of the Bitcoin stake is slashed. The PoS chain remains operational as long as an honest adherence to the PoS protocol is maintained by 2/3 of the Bitcoin stake. Staker Security: Each Bitcoin staker is assured the ability to withdraw their funds or unbond, contingent on following the PoS protocol honestly. Staker Liquidity: The unbonding process for staked bitcoins is ensured to be secure and swift, without relying on social consensus. Property 1 ensures that protocol violators face consequences, while Property 2 guarantees that only protocol violators lose their stakes. Together, these properties uphold the gold standard of PoS security, aligning with the principles advocated by Buterin and Griffith.

Property 2 in our protocol exceeds the strength found in standalone PoS protocols, allowing a staker to unbond even if all other stakers on the PoS chain are dishonest. Withdrawal censorship is eliminated, ensuring trustless staking.

Unlike standalone PoS chains with prolonged unbonding times, our Bitcoin staking protocol maintains stake distribution on the Bitcoin chain, immune to long-range attacks. Through careful staking protocol design, we demonstrate the achievability of Property.


UBS is the bagholder (LOL) for GME naked Shorts - UPDATE 2 - The Jackpot is hidden on the Bitcoin and other cryptos. - Banks are on a BIG trouble, ETFs are back on the menu!

Hello again apes,

First of all this is not finantial advice, and with the latest news of RC & GME that are going to be able to invest in stocks, im going to leave this here, fucking hilarious:

https://reddit.com/link/18fivnf/video/lt6srxcj0k5c1/player

Now, let me clarify one thing, this DD is entirely done due to the information, rules ,news, ETF fuckeries, and data that apes have been posting here for years.

Now let me begin:

You probably at this point have read that hedgies or Market makers do tricks in ETFs and so many things to get avalaible GME shares, well... as this DD have been pointing connections or correlations based on news or events like the lateral trading probably due to the swaps and rules of the SEC, or the hot potato being passed at some price point im coming with a new Update that can be curious like the Genesis bakruptcy one (tokenized shares lender) and the purchase of Microstrategy of 600m of bitcoin, just at same price point of GME in 2021, where Microstrategy borrowed 600m to purchase bitcoin also.

Here's where I've got to summon one of the DFV tweets, that means gold for me:

https://twitter.com/TheRoaringKitty/status/1404831172946018305

Now the information:

https://www.reuters.com/legal/litigation/bittrexs-us-wind-down-approved-bankruptcy-court-2023-10-30/

Bittrex was another company that was selling Tokenized GME shares, and went bankrupt on 10/30/2023.

Recently some news were published that given me 3 more dates about this Bitcoin connections, you've got them on the next pic, one of them is still pending:

https://www.nasdaq.com/articles/fidelity-spot-bitcoin-etf-listed-crypto-market-guzzling-with-expected-approval

So we have an ETF for bitcoin of Blackrock, published on DTCC on 10/24/2023 (6 days before Bittrex implosion, this makes me wonder me about ETF settlements, wasn't it 5 days or so? need to look more here).

And Fidelity's Bitcoin ETF on 12/08/2023.

You know who had also ETFs with GME shares on Jan/Feb 2021 of GME right?

Yep, Blackrock was one seen in the part 5 of the DD, but Fidelity also had ETFs with GME, this is pure speculation based on correlations with price, tokenized shares, ADRs, and all the shit that is written on this DD, but maybe this is a sign of another swap and the close of some tokenized shares and FTDs covered related with them. why?

Because just the same day, fidelity ran out of GME shares avalaible to borrow:

credit to: whattothewhonow

And also Interactive brokers:

https://preview.redd.it/zzgxybcqck5c1.png?width=1553&format=png&auto=webp&s=11846d1a5150cc81a8b9136e2ecb0aa9c5a0ede0

Also one curious thing is this days of *covering the shadow FTD dates* the Short exempt volume skyrocketed and also the volume:

https://preview.redd.it/jxy3evrddk5c1.png?width=1415&format=png&auto=webp&s=54af43ced701d64ea69a9017a72f84365acc2fdd

Due to the FTX tokenized shares, were released on Jan. 27/2021 this may have been an implosion due to the purchase of tokenized shares of Bitrexx to FTX, maybe they have been lending them, but with apes buying shares as fuck, maybe and just maybe, any of these holders or tokenized stocks tried to call the backed shares on that tokens, and simply there were no shares avalaible and Bittrex holdings went to Blackrock and Fidelity as warranty?

Who knows, but lets see this and what happened on GME graph that days:

https://preview.redd.it/ka04ru0kgk5c1.png?width=3292&format=png&auto=webp&s=5acb8a4436817356dce1a795682e4e40b8026bb3

Another curious thing, but this is only tinfoil activity:

https://preview.redd.it/tiygr5uehk5c1.png?width=1227&format=png&auto=webp&s=1b93c9c86525b96795f2e76b7fa6b00c2a5d6d7d

https://preview.redd.it/kew0f9uhhk5c1.png?width=960&format=png&auto=webp&s=aa22306b4fbbd3330bb4166d67c94ee0dd81377e

https://preview.redd.it/09qy5c4ghk5c1.png?width=640&format=png&auto=webp&s=e5335767b0090fa086af0d1628ffc5827d6eb1d0

This are things to keep in mind, thanks for reading this, and would love to hear your thoughts, we maybe are in something of this mad saga of neverending tricks.

TLDR:

DRS is the way, Book'em all!

Cheers everyone.

The links to the other parts:

Part 1: https://www.reddit.com/r/GME/comments/17qpxad/ubs_is_probably_lol_the_bagholder_for_gme_naked/

Part 2:

https://www.reddit.com/r/Superstonk/comments/17va01q/how_looks_a_hot_potato_connecting_dots_ubs_is/

Part 3:

https://www.reddit.com/r/Superstonk/comments/182x2ly/ubs_is_probably_lol_the_bagholder_for_gme_naked/

Part 4:

https://www.reddit.com/r/Superstonk/comments/18768hp/ubs_is_probably_lol_the_bagholder_for_gme_naked/

Part 5:

https://www.reddit.com/r/Superstonk/comments/18a6n3v/ubs_is_the_bagholder_lol_for_gme_naked_shorts/


OKT token experiences 80% price surge within 24 hours amid inscription minting event #News #Bitcoin #Grafa

https://grafa.com/news/okt-token-experiences-80--price-surge-within-24-hours-amid-inscription-minting-event-160795

Undervalued Stocks from Tax Loss Selling and Outdated Research Reports: $IVP, $MIGI

When Wall Street research analysts get behind fast moving market events like pricing ($BTC) and new contracts and/or acquisitions, the disparity between market valuation and enterprise value can offer traders and investors the opportunity to profit. The same thing goes for companies that are trading near their 52-week lows due to tax loss selling, when the fundamentals are better than what the low price would indicate.

Two undervalued stocks to look at are:

$IVP Inspire Veterinary Partners is an owner/operator of veterinary hospitals in the US  acquiring  veterinary hospitals, including general practice, mixed animal facilities, and critical and emergency care with an active and aggressive acquisition business plan. With a market cap of only $3.6 Million, IVP expects to increase revenues from its last year's revenue run rate of $12 Million ..... to $25 Million in 2024.  IVP's total revenue was $4.1 million for the third quarter of 2023, an increase of 42% compared to total revenue of $2.9 million in the prior year period (total revenue was $12.9 million for the nine months of 2023, an increase of 93% compared to total revenue of $6.7 million in the prior year period). How is the company growing revenues so rapidly?

  • IVP operates in the very fragmented veterinary market sector with over 28,000 veterinary hospitals in the United States and less than 30% of those hospitals consolidated in multi-site companies.  For example, just last month announced that it completed another acquisition of an animal hospital located in Pennsylvania. The acquisition, Valley Veterinary Service, reported 2022 gross revenues were over $1.7 million. Significantly for building IVP's enterprise value, Inspire also acquired certain real estate assets related to Valley Veterinary hospital. Inspire has made 14 purchases in the past three years and expects to acquire additional veterinary operations, including general practices, mixed animal facilities and critical and emergency care (at a 10 acquisition rate per year).
  • The company keeps an eye on geographic distribution by currently owing clinics in Hawaii, Colorado, California, Maryland, Indiana, Ohio, Pennsylvania and Massachusetts, as well as two (2) locations in Texas and four (4) in Florida.
  • The pet care industry is largely recession proof as spending on pets continues to increase with the availability of pet insurance.  
  • IVP's 5-year plan includes --a 10 location per year run rate for acquisitions, --- sharing equity with all associates working in its locations, which improves employee retention rates--and benefiting from the inherent economies of scale for back office support in accounting, marketing and improved pet patient outcomes from shared case information.
  • Expanding beyond the household pet car market, Inspire recently entered the equine care market with the acquisition of the Pony Express Veterinary Hospital in Ohio.
  • As noted in a recent Zacks Small Cap Research report IVP: Acquiring Veterinary Practices, as Sector Undergoes Growth, Consolidation (yahoo.com) "One factor driving consolidation is the growing need for veterinary practices to keep current and invest in technological changes in veterinary medicine. Technology and technological innovations have become increasingly more important in veterinary medicine, particularly in light of the growing shortage of doctors. Even with the new veterinary graduates expected over the next 10 years, a shortage of up to 24,000 companion-animal veterinarians is anticipated to exist by 2030." The need for the pet care industry to become more efficient drives the independent "mom and pop" hospitals and veterinary practices to be open to being acquired.
  • Inspire's management team and board of directors has the broad experience in the financial and veterinary worlds. Kimball Carr, CEO of IVP has roughly 30 years in leadership roles at Starbucks Coffee, Mars Incorporated and pet insurer, Trupanion. With more than ten years experience in the veterinary medicine sector, CEO Carr has built a management team with deep experience (and business contacts) in the veterinary market sector.
  • CONCLUSION: If IVP was trading at just the 2023 revenue run rate of $12 Million, the stock would be trading 300% higher than the current price. With additional acquisition announcements pending and the end of tax loss selling by the end of December, IVP could  be (conservatively) trading over $2.00 by end of January.

Mawson Infrastructure Group, Inc. $MIGI (NASDAQ:MIGI) shareholders should be prepared for a very positive November Operational Update. Research Analysts (HC Wainwright and Cantor Fitzgerald) will most likely be making substantial upgrades to next year's revenue and earnings forecasts for Mawson, a Bitcoin mining company.  The most recent consensus for Mawson Infrastructure Group from the two research analysts is for revenues of $59 million in 2024 which would be a substantial 27% revenue increase over the past year.  But if the November Operational Update next week is as good as what the trend shows, the analysts will have to increase their 52 week target price substantially. The analyst reports have yet to factor in the Bitcoin price move from $25,000 to $44,000 (a 70% increase).

  • So how do the research analysts have just a 27% increase in revenues for 2024? MIGI's revenues next year should be substantially higher.  According to their monthly reports, self mining revs have been growing at over 20% a month. Last operational report (October), Bitcoin production went from 89 to 110 Bitcoin. That's a 24% month to month increase---not a full year. This next month-to-month comparison should be another 20% increase...followed by perhaps another 20% in the December Operational Update.
  • Why are the analysts behind in their numbers?  Because MIGI is just completing the deployment of almost 16,000 hosted miners--and the production numbers for those new miners are NOT in the research report numbers yet. November Bitcoin production numbers should show another 20%  increase from that 110 Bitcoin number to over 130 Bitcoin. In December, MIGI will have the full deployment of those new mining machine impact the bitcoin numbers again--for another 20%-25% Bitcoin production (over 170 Bitcoin for the month). Do the numbers using a $42,000 a Bitcoin price. Big numbers result with no analyst incorporating that higher Bitcoin price in their current analysis. Solution for the analysts?--Update their target prices to reflect the higher revenues coming.
  • MIGI's facilities have access to 190 MW of low cost nuclear power in the low energy cost state of Pennsylvania--providing substantial room for more mining machines to be deployed--both self mining and hosted.
  • Lastly, one analyst has a $3.00 target price (using lower Bitcoin prices than the current price) and the other analyst has a $1.00 target price (using assumptions that are already out of date--like the much higher Bitcoin price and the new hosted miner contract). If and when that analyst updates and upgrades his research report, new buyers could trigger another momentum move. With MIGI trading at $1.20 after a week of HUGE increases in trading volume, MIGI looks to be a great near term profitable play.
  • CONCLUSION: MIGI has two tail winds as we enter the last month of the year (and the end of tax loss selling)-- a very dramatic increase in bitcoin prices AND the company clearly increasing its mining machine count since August. Look for a 300% to $400% increase in price by end of January (assuming a research report upgrade and continued strength in Bitcoin prices). (JMO)

NOTE: There are no guarantees that research analysts will change their ratings for MIGI. The purposed of this posts is to list the reasons WHY an increase in projected target prices should not be surprising.  For future reference, IVP traded at $0.40 and MIGI at $1.20 at the time of this posting.


Today's Top #1: Bitcoin Halving Is Poised to Unleash Darwinism on Miners

tldr; The article discusses the upcoming Bitcoin halving event, which will cut the reward for creating new BTC by 50%, leading to a "survival of the fittest" battle among miners. Larger companies are preparing for the event by securing newer and more efficient mining machines and considering industry consolidation. The halving will make obtaining or mining new bitcoin much harder, increasing competition and creating scarcity-driven value for the asset. The event historically increased bitcoin prices exponentially, but presented challenges for miners. The article also highlights the tough mining landscape, consolidation trends, and the potential for mergers and acquisitions in the industry.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

https://www.reddit.com/r/CryptoCurrency/comments/18ei9u9/bitcoin_halving_is_poised_to_unleash_darwinism_on/