Bitcoin Forum

Economy => Trading Discussion => Topic started by: Mankov on August 14, 2020, 04:03:04 PM



Title: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on August 14, 2020, 04:03:04 PM
Hello,

found this stock several days ago.
Team is very strong and they signed a
very cheap power supply agreement.


"....has signed a power supply agreement (the "PSA")
with an Alberta-based private energy company
(the "Alberta Partner") effective April 17, 2020
securing up to 30 megawatts (MW) at among the lowest electricity rates in North America...."


Stock-Price: $ 0,05
Market-Cap: 9 Million (source: yahoo)

Seems to be highly undervalued.

I think they will launch a marketing-campaign, soon.

https://cryptostar.com/

https://money.tmx.com/en/quote/CSTR


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: jackg on August 14, 2020, 04:17:10 PM
I don't know, a lot of investments in cryptocurrency are very high risk (especially if they haven't been trading for long).

What stops the owners from just running with their $450k or making something up about where it went...
It might be worth investing but it's also worth being skeptical, they're also here a bit late...


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on August 14, 2020, 04:39:48 PM
Yes, I think it will take some time,
but team is strong, so I believe in this stock.

Market-Cap is very low,
so it could be very profitable for investors.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: stompix on August 14, 2020, 04:42:05 PM
https://www.newswire.ca/news-releases/cryptostar-corp-announces-first-quarter-2020-financial-results-843052583.html

Hmm
Quote
For the Quarter Ended Mar 31, 2020 Bitcoin mined  27

So, they've mined about 0.3 BTC per day, while the entire reward was around 1800.
Assuming an average of 80 Exahash for the network, they are pushing around 13 Peta, or about 900 miners of the really old generation which are now almost useless, or 120 of the new one, worth around 250k.
On what can this company be valued at 9 million, god knows, especially since those are the numbers before halving.

What I find a bit weird is how after one year of a break period you've come back and start shilling for this company. Make the whole thing even more suspicious.




Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on August 14, 2020, 05:22:36 PM
Because of the crisis
I`m searching for good stocks, also silver,
gold, medical, communcation and bitcoin-mining companys.

I´ve bought some shares few days ago, because I like the team.

BTW I also "shilled" REN Republic Protocol,
now it is rank 56 on coinmarketcap.

https://bitcointalk.org/index.php?topic=2993221.0

Honestly, no shilling. Only I´m only convinced to cryptostar.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: jackg on August 14, 2020, 05:28:03 PM
Because of the crisis
I`m searching for good stocks, also silver,
gold, medical, communcation and bitcoin-mining companys.


I think medical and communications stocks will be at their peak now imo... (assuming communications is mobile and Internet etc).

I don't think gold will last long, its normally something you buy before a crisis.

But saying that, with those you're not taking too much risk.
Although a 9M market cap is quite small if that's what they raised from an ipo or something.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on August 14, 2020, 05:31:29 PM
And they also have the CEO of Excellon Resources,
a very popular silver-mining-company.

I think they can rise a lot of money,
and find many investors.

But it may take some time.

I`m very convinced to this stock.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on August 14, 2020, 05:36:04 PM
I think we are at the beginning of a crisis.
Gold, Silver and Bitcoin will very likely rise for the next years.

I bought unvervalued pennystocks (medical, communication, gold, silver, oil, bitcoin-miners...)
Not intersted in mid or large-caps.

Because of the crisis
I`m searching for good stocks, also silver,
gold, medical, communcation and bitcoin-mining companys.


I think medical and communications stocks will be at their peak now imo... (assuming communications is mobile and Internet etc).

I don't think gold will last long, its normally something you buy before a crisis.

But saying that, with those you're not taking too much risk.
Although a 9M market cap is quite small if that's what they raised from an ipo or something.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on August 14, 2020, 09:13:19 PM
I also invested in Marathon Patent,
RIOT Blockchain, and Hive, several weeks ago.
Was a good decision. Traiding very high now.

Now, I`m waiting for the pump in CryptoStar.  :)
Chart-pattern looks very similar to the others...


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: AmoreJaz on August 14, 2020, 11:38:47 PM
I also invested in Marathon Patent,
RIOT Blockchain, and Hive, several weeks ago.
Was a good decision. Traiding very high now.

Now, I`m waiting for the pump in CryptoStar.  :)
Chart-pattern looks very similar to the others...


ok if you truly believe in cryptostar's capability no one is stopping you. but for others dont fall for reco like this. do your own due diligence and gauge for yourself if they are indeed undervalued or just deserve for what they have. the OP has vested interest so it is obvious that he is promoting this company.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on August 15, 2020, 12:23:35 AM
I think CryptoStar will purchase
new mining-hardware, soon (If not already happened,
(Marathon Patent did this few weeks ago, and then it started to pump)

I absolutely believe in CryptoStar and the others I mentioned.

Check out the news from Cryptostar in Google news,
their website is not up to date.  :)

Now they have

Aly Madhavji and Warren Lorenz on board  :)

https://twitter.com/aly_madhavji?lang=de

https://twitter.com/techmeetstrader?lang=de


Good luck to you all, and a have great Bitcoin year!


https://thumbor.forbes.com/thumbor/640x479/https://blogs-images.forbes.com/greatspeculations/files/2019/06/COMM-gold-rocket-06212019-pexels.com_-e1561393364490.jpg?width=960







Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: justdimin on August 16, 2020, 09:15:00 PM
On top of everything, just because you are mining right now doesn't mean that you will continue to do that with the same efficiency forever. We have literally gone over a halving recently, that dropped the amount of money miners were making in half. We are getting closer to 2x the money for it, at the start of the year we were $9k now we are $11k to $12k but for a while we were lower so maybe that counts.

I would say if you are doing this type of mining business yourself it is a good decision, however if you are investing into someone elses, they will probably unload most of the costs towards the business and take as much of the profits as they can personally with accounting tricks. So I would say the best case right now for mining related investments are personal and not on company levels.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on August 17, 2020, 12:14:59 PM
Low cost energy, rising Bitcoin price,
faster mining hardware,
cheap order prices (if you purchase a high lot)

I think in the longrun, it`s still very profitable for major miners,
 like before the halving.

I think the marketcap of the mining-companies
(Marathon, Hive, Riot), has a fair value,
not over- or undervalued.
But I think CryptoStar is not on the radar, and maybe undervalued,
so I think it is a good chance for high profits.

But I`m not here to convince you, just my opinion.

Good luck!





Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: stompix on August 17, 2020, 12:37:23 PM
But I`m not here to convince you, just my opinion.

Yeah, right, your opinion.
And you're not trying to convince anyone, you're just shilling all day for this company.

A company that mined 27 BTC in a trimester, 27 BTC in a 90 days period, before the halving, and at a lower difficulty, a company that only managed to get revenue (at those prices) of around 200k$.Yet you're not addressing any of those points, you're just endlessly, like a broken mill posting only that it will grow because...you, an account who has awaken from a one year pause believe in it.

What you're doing so it's so obvious it's going to be a turn-off even for the newbies that considered buying in it.

ok if you truly believe in cryptostar's capability no one is stopping you. <>OP has vested interest so it is obvious that he is promoting this company.


No, it's normal. Wen you have a hint some stock is going to gain x10 in value, the first thing you do is go to social media and tell everybody about you "secret" information.  ;D ;D


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on August 17, 2020, 01:39:19 PM
Quote
And you're not trying to convince anyone, you're just shilling all day for this company.

Yes all day long 24/7, at the computer, pressing f5.  ::)


Here you see financial results from the mining companies I´ve invested:

https://finance.yahoo.com/quote/HVBTF/financials?p=HVBTF

https://finance.yahoo.com/quote/MARA/financials?p=MARA

https://finance.yahoo.com/quote/RIOT/financials?p=RIOT

https://finance.yahoo.com/quote/CSTR.V/financials?p=CSTR.V


Why should a mining company
go "all in" in the last 90 days,
when they don`t know if we are in a bullmarket?  It`s a high risk.
Maybe this is your investment-strategy, but not mine.
Yes, I wasn`t here for long. Because the market was dead.
Maybe it`s your living room here, but not mine.

Now it´s pretty obvious, that the bullmarket has just started.
And I think CryptoStar will follow, soon.

No investment advice, just my opinion.

Good luck. I`m out, now.
Wish you all a great Bitcoin year.





Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: sana54210 on August 17, 2020, 08:26:22 PM
I do understand that people could shill any place they want, that is given in this forum because everyone shills something, even if you do not shill it you could wear some places signature, it makes sense, so everyone can love a place. But when you get a feedback, trying to defend your decision is something but trying to prove the feedback is wrong is something else.

A feedback is not something you can fix, it is not something you correct, feedback is feedback and as soon as the feedback is given the topic is done, whatever you try to say towards that feedback will not be cared and will not change anything for the company. So if you are partners or have any connection to them, I would say tell them the feedback you received here, they could use it to make themselves better.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: The Sceptical Chymist on August 17, 2020, 08:38:08 PM
What stops the owners from just running with their $450k or making something up about where it went...
Well, they're listed on the TSVX exchange for one thing (though I don't know much about them except that they're Canadian), so if they pulled a typical crypto scam they'd be in some serious shit.  Scammers generally don't go through all the steps necessary to incorporate themselves and issue stock....but you never know.

The stock price is $0.06, so it's a penny stock and hence is extremely risky even if the business has any merit to begin with.  Penny stocks are subject to manipulation, and I stay way far away from them when I'm buying stock.  And OP, just because a stock has a very low valuation doesn't make it undervalued.

But I`m not here to convince you, just my opinion.
Yeah, right, your opinion.
And you're not trying to convince anyone, you're just shilling all day for this company.
That's my impression as well.  It's like those "hey guys, look at this new [insert whatever here] I just found!" type posts you see from time to time, and you know they're just trying to pump up something they bought so that they can unload it on the suckers who subsequently buy it.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: jackg on August 18, 2020, 09:53:59 AM
What stops the owners from just running with their $450k or making something up about where it went...
Well, they're listed on the TSVX exchange for one thing (though I don't know much about them except that they're Canadian), so if they pulled a typical crypto scam they'd be in some serious shit.  Scammers generally don't go through all the steps necessary to incorporate themselves and issue stock....but you never know.

The stock price is $0.06, so it's a penny stock and hence is extremely risky even if the business has any merit to begin with.  Penny stocks are subject to manipulation, and I stay way far away from them when I'm buying stock.  And OP, just because a stock has a very low valuation doesn't make it undervalued.


Depends, they could just be a more sophisticated scam and have put effort into their attempt.
And I didn't know thst about penny stocks, I normally go off marget cap when looking at their value... Tbh you can start investing in stuff once its value has increased - if it does.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on September 04, 2020, 08:29:32 AM
"....CryptoStar to provide 2.5 MW of mining capacity at its first Alberta site to the Customer and the Customer's clients within 60 days
 The Customer and the Customer's clients will provide all of the latest generation Bitcoin miners under a mining profit share arrangement......"



https://www.newswire.ca/news-releases/cryptostar-corp-announces-first-project-in-alberta-location-851217813.html


BTW Cryptostar is not only a mining-company, they also do data center.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: so98nn on September 06, 2020, 12:31:54 PM
It does look good if you go through their LinkedIn profiles. I know it's not the best thing to judge the whole project from their professional profiles but considering their experiences they are on right track. Only thing is they should continue their efforts until they get long lasting success in the crypto market.

Many of them do look promising in initial days and later on they start seeing free money invested by people and ship sinks at that point.

But as of my take, it looks professional.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: CucakRowo on September 06, 2020, 06:37:11 PM
-snip-
I guess they will leaving US slowly.
https://i.postimg.cc/fTf1WKr6/458834373-1599417305-0-91865816.jpg
Source : https://www.newswire.ca/news-releases/cryptostar-corp-announces-first-quarter-2020-financial-results-843052583.html

And why i have feeling that images in their website is kind common image? I mean, you can find those images row easily through yandex image.

 


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on October 10, 2020, 01:50:25 AM
CryptoStar Corp. (TSXV: CSTR) (" CryptoStar " or the " Company ")
is pleased to announce that Mr. has been appointed Chief Financial Officer
of the Company, effective immediately. Mr. Darabi is a Chartered Professional
Accountant (CPA), the Chief Innovation Officer at NDAX
(National Digital Asset Exchange),
a Venture Partner at Blockchain Founders Fund
, and a Venture
Builder with Tandem Innovation Group and Red Thread Ventures.


https://money.tmx.com/en/quote/CSTR/news/7015278175107911/CryptoStar_Corp_Appoints_Chief_Financial_Officer


ACN purchased 1,061,735 Units,
and after the completion of the Private
Placement will own 102,624,235 common
shares or approximately 46.9%
of the total common shares issued and outstanding.


https://money.tmx.com/en/quote/CSTR/news/8897263908678051/CryptoStar_Corp_Announces_Closing_of_NonBrokered_Private_Placement_of_Units_and_Amendment_of_Agreement_with_Tandem_Innovation_Group



Come on, guys.
This is not a scam-coin, it`s a regulated stock from Canadian Exchange TSX.
So it should be way more safer than coins.





Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: stompix on October 10, 2020, 08:36:02 AM
Come on, guys.

Come on what?

When you opened the topic, the price was 0.05$ and you said it was undervalued.
Stock-Price: $ 0,05
Market-Cap: 9 Million (source: yahoo)

Now the price is 0.03$ (https://archive.vn/TlkjE), anyone who would have bought following your advice that the company is undervalued and has extreme potential would have lost 40%.
Of course, that doesn't exclude the possibility of the stock to bounce back to 0.05 or 0.10 or even god knows what value but it can also go further down.

And sorry, a mining company that releases such a statement:
Quote
GPU miners are capable of mining cryptocurrencies like Ethereum's ether (ETH), Ethereum Classic (ETC), ZCash (ZEC), Monero (XMR) and many others.
clearly hasn't done any mining this year.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on October 10, 2020, 04:34:23 PM
You sound like a person who gets rekt in the cryptomarket, multiple times.

I think patience is the key here. Project is still in development.

BTW I said it`s probably undervalued.
I`m not Jesus.

Pennystocks are very volatile especially with a very low marketcap like Cryptostar.
40% up and down is nothing here,


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: beerlover on October 10, 2020, 07:00:33 PM
The problem with this is the fact that we moved away from the stock market world to make a change in our lives and started to trade bitcoin instead, so why should we reverse that action and buy a stock just because it is a crypto mining company? I can invest that money to mine myself as well we are all aware of that right? Instead of buying their stocks and hope that it makes me some return, I could simply buy a rig and start mining and not only make a profit on that I might end up selling the rig to a higher price as well later since they are so out of stock constantly.

So, I feel like the best way to go about this would be not really investing into a company owned by others and help them gather more resources to buy more and instead just buy it ourselves, easier and also more trustworthy since you should be trusting yourself more than you trust someone else.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on October 11, 2020, 01:53:57 PM
"All stocks could become tokenized, says SEC chairman Clayton"

Your concerns as a not-stock-investor would be solved.

Yes you can also buy bitcoin miners, but I´m
not interested in having a costy mining farm in my house.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: stompix on October 15, 2020, 04:32:01 PM
You sound like a person who gets rekt in the cryptomarket, multiple times.

How can I sound like a person who gets rekt in something when I'm not investing?

I think patience is the key here. Project is still in development.

Indeed, patience is the key, people just saved 40% by not investing when you told them to do so.
And about the project, you make me laugh, you still haven't addressed the issue of that mistake in their statement so I'm going toa sk you directly;
Do you consider it's a good idea to invest in a company that plans to mine Monero with GPUs?

Pennystocks are very volatile especially with a very low marketcap like Cryptostar.
40% up and down is nothing here,

I'm pretty sure that if the stock would jump even 20% up you'll be here to brag about it, when they go down, it's nothing.


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on November 06, 2020, 02:58:21 PM
How can I sound like a person who gets rekt in something when I'm not investing?



Ok, this is the reason why you`re talking like this.
Because you have no clue about investing.
Thanks for your clarification.  :)

You`re just a lucky guy who invested
in bitcoin at the right moment.
And now you think you`re super smart.  :-*






Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on December 22, 2020, 08:01:26 PM
3x now. Not bad, I think there should be way more upsidepotential.

But I also have positions in hive, marathon and riot.
All of them made me each 8 - 10x already.




Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on December 29, 2020, 02:07:53 AM
LOL all haters left the thread.  :D
It`s so lonely here, please come back.  :-*


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Inkdull on December 29, 2020, 08:30:10 AM
It looks legit enough but I will still have to do deep research to be completely sure, hope you understand? If this project is all about mining rental like cloud mining I would have turn away but since they are into mining hardwares, meaning one can purchase some asics and mining equipments from them is what interests me, I will drop my feedback after good analysis, thanks for sharing


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on January 21, 2021, 12:04:35 AM
Maybe last chance to get cheap in.

Hosting for Ethereum and Bitcoin Mining now available:

https://cryptostar.com/packages/


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on February 20, 2021, 02:19:22 AM
7x since thread startet.  ;D


Title: Re: CryptoStar - Mining-Company (undervalued)
Post by: Mankov on February 22, 2021, 04:01:52 PM
20x now.
Come on show some hate. Why are you not hating anymore?

https://i.giphy.com/media/3oz8xZGfHArTvh99YI/giphy.webp