digitalBTC (Digital CC Limited) ASX (DCC)

Discussion in 'Stocks & Derivatives' started by dagsgarrett, Aug 18, 2015.

  1. dagsgarrett

    dagsgarrett Member Silver Stacker

    Joined:
    Oct 26, 2010
    Messages:
    292
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
    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]
     
  2. dagsgarrett

    dagsgarrett Member Silver Stacker

    Joined:
    Oct 26, 2010
    Messages:
    292
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
    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

    [​IMG]
    Source:
     
  3. dagsgarrett

    dagsgarrett Member Silver Stacker

    Joined:
    Oct 26, 2010
    Messages:
    292
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
    Announcement today re successful security testing major points below, nice volume again today bit of profit taking.

    [​IMG]
     
  4. dagsgarrett

    dagsgarrett Member Silver Stacker

    Joined:
    Oct 26, 2010
    Messages:
    292
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
  5. BillsToPay

    BillsToPay New Member

    Joined:
    Sep 11, 2015
    Messages:
    27
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    SEQ
    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
     
  6. dagsgarrett

    dagsgarrett Member Silver Stacker

    Joined:
    Oct 26, 2010
    Messages:
    292
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
  7. dagsgarrett

    dagsgarrett Member Silver Stacker

    Joined:
    Oct 26, 2010
    Messages:
    292
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
    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)
     
  8. dagsgarrett

    dagsgarrett Member Silver Stacker

    Joined:
    Oct 26, 2010
    Messages:
    292
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
  9. dagsgarrett

    dagsgarrett Member Silver Stacker

    Joined:
    Oct 26, 2010
    Messages:
    292
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
    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?


    [​IMG]
    Source:
     
  10. dagsgarrett

    dagsgarrett Member Silver Stacker

    Joined:
    Oct 26, 2010
    Messages:
    292
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
  11. kramer

    kramer Member

    Joined:
    Apr 30, 2015
    Messages:
    484
    Likes Received:
    6
    Trophy Points:
    18
    Location:
    toowoomba
    i'm in this share. i like what they're doing. payment remittance is massive and blockchain is solid.
     
  12. dagsgarrett

    dagsgarrett Member Silver Stacker

    Joined:
    Oct 26, 2010
    Messages:
    292
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
    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.
     
  13. dagsgarrett

    dagsgarrett Member Silver Stacker

    Joined:
    Oct 26, 2010
    Messages:
    292
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
    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]
     
  14. kramer

    kramer Member

    Joined:
    Apr 30, 2015
    Messages:
    484
    Likes Received:
    6
    Trophy Points:
    18
    Location:
    toowoomba
    hanging out for an announcement now. shouldn't be too far off.
     
  15. dagsgarrett

    dagsgarrett Member Silver Stacker

    Joined:
    Oct 26, 2010
    Messages:
    292
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
    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. :)
     
  16. trew

    trew Active Member Silver Stacker

    Joined:
    Aug 24, 2011
    Messages:
    3,810
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Melbern
    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
     
  17. dagsgarrett

    dagsgarrett Member Silver Stacker

    Joined:
    Oct 26, 2010
    Messages:
    292
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
    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.
     
  18. dagsgarrett

    dagsgarrett Member Silver Stacker

    Joined:
    Oct 26, 2010
    Messages:
    292
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
  19. trew

    trew Active Member Silver Stacker

    Joined:
    Aug 24, 2011
    Messages:
    3,810
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Melbern
    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
     
  20. dagsgarrett

    dagsgarrett Member Silver Stacker

    Joined:
    Oct 26, 2010
    Messages:
    292
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Australia
    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 :)
     

Share This Page