digitalBTC (Digital CC Limited) ASX (DCC)

Have been researching the Fintech/Bitcoin space recently and have found DCC quite an interesting company. The founder and CEO is WA based BRW Young Rich list Zhenya Tsvetnenko they were the first Bitcoin company to be listed on the ASX through a backdoor listing with Macro Energy.

They recently raised $3.5 million to develop a remittance based app/product to tap into the $500 Billion remittance market (Western Union ect). It is promoted as the Uber of remittance utilising Bitcoins Blockchain technology. Quite a few good recent announcements including a deal announced yesterday with CoinX in the USA to break into the USA remittance market (40 States).

Might be worth some consideration could be a nice growth stock or merger target.

[youtube]http://www.youtube.com/watch?v=u3-rFutxZyw[/youtube]

 

Next few weeks or so could get interesting with this company/share price, hopefully announcements very soon re security testing, beta testing, JV partners?. Volume picked up dramatically today most since June +33% gain for the day


Source:

 

Announcement today re successful security testing major points below, nice volume again today bit of profit taking.

 

Began Beta testing today also received a bit of press coverage in smh today.

http://www.smh.com.au/business/bank...ps-mining-for-remittance-20150929-gjx1ip.html

 

Are you in on this Dagsgarrett?

I put in a medium sized amount and have gone back a few % since doing so.

I also noted today on CommSec that there's a note stating no short selling or specialist allowed, late noticed received or under takeover bid. Do you know anything about this? I know they made an announcement today about a name change however would this be enough to make this announcement on the CommSec web page?

Cheers

 

Check out the following link it may provide you with the information you require. Zhenya Tsvetnenko is also involved in another ASX listed company TECH MPIRE LIMITED that has performed quite well, but make sure you do your own additional research.

http://hotcopper.com.au/asx/dcc/

http://hotcopper.com.au/asx/tmp/

 

DigitalBTC now DIGITALX having a nice run on the market today after a few good announcements, and they could soon make an announcement about partners for their Airpocket remittance product. Which could see a further bump up in share price.

(Held)

 

Been waiting for an announcement on partners for some time now, should see a nice bounce in price today with more news to follow!


Source:


Full announcement
http://www.asx.com.au/asxpdf/20160217/pdf/43530m33db0z11.pdf

 

Update,

Hi,

I'm no expert although the chart for DCC in my opinion look like a giant cup and handle pattern, and with imminent partner announcements, end of beta late March. All we need is volume to pick up and we are away in my opinion thoughts?



Source:

 

Announcement successful completion of Phase 2 Beta Test for Airpocket, Bring on partner announcements and more deals

http://www.asx.com.au/asxpdf/20160401/pdf/43674tk43dqg6w.pdf
(edited link)

 

i'm in this share. i like what they're doing. payment remittance is massive and blockchain is solid.

 

I hold this stock in my SMSF for long term gain ($1+) per share as I believe this stock and Blockchain/Bitcoin technology will be massive in next 2-5 years. I believe this stock/company has a real first mover advantage from an ASX Australian market point of view. I have traded this stock with my personal holdings a few times from 0.15c-0.24c although I will be holding medium/long term now in anticipation of future announcements,partnerships, and revenue.

 

Interview with co-founder of DigitalX speaking about Airpocket ect, looks like the media campaign is starting to heat up now that beta testing is completed.

[youtube]http://www.youtube.com/watch?v=K6NAiZeQdGU[/youtube]

 

hanging out for an announcement now. shouldn't be too far off.

 

Quarterly report due very soon, although I believe the company will delay any announcements until at least Friday 29th April the last trading day of the month. In order to fit in with what I think has been deliberate staling and share price capping, in order to finish the implementation of the Airpocket into the Telco's systems.

After this has occurred IMO a flood of news, media attention, and announcements will occur over the next few months, and the share price will reflect this.

 

Been thinking of picking some of this up for a while but been waiting

noticed price has been getting pushed down over the past few days - interesting to see how low it will go

 

IMO we will get the quarterly report on Friday maybe after close, then Monday morning there will be a trading halt in order to announce new news , so if you can get any thing in the 0.13 to 0.16 range between then you have done very well in my opinion.

 

Called it spot on quarterly just released, still $2.5 Million of cash and Bitcoin and no debt is a positive , just hope we get more news next week get SP moving.

Report

http://www.asx.com.au/asxpdf/20160429/pdf/436wy31ds96cnv.pdf

 

You've got to know any announcement made after the market closes is probably not good news


I'm still on the sidelines for now - although I think airpocket has massive potential if it gains traction - big IF, and if they don't run out of cash

Cash burn about 1m in the quarter and 2.5m left

 

To use only $1 Million in cash to finalise the development of Airpocket which is due to launch in June is fantastic IMO. Not to mention the winding down of expensive bitcoin mining operations, expected increase in trading volumes in bitcoin over next quarter leading up to the bitcoin halving in July for additional Digital X direct and liquidity revenue. I'm more than happy and believe the announcement was made as late as possible in the month to keep SP under raps so it doesn't get pumped and dumped prior to June launch of Airpocket partner announcements ect.

Taking 1% of just this telco partnerships 100million users you are looking at the following revenue from Airpocket alone,

11% Gross from transfers ranging from $2 to $70 lets say average of $30 per transfer per user per month 1,000,000 users (1% of 100,000,000 users) = $3.3 million per month $39,600,000 year.

Bring on more partnership announcements and news