Just when I thought nothing in the crypto world could surprise me anymore
Pawel777, you foolish lengenday member....
The crypto world is new. Many things will happen. Only a god like Vod can predict them all.
Let yourself be surprised.
Oh thank you Mighty Vod for blessing this thread with your presence!
/lamb sacrifice intensifies/Resetted my surprise-tolerance levels.
Kodak is one of the big companies that makes the smart move to get involved into bitcoin/blockchain. The growth in share prices already show a great reaction from the investors. Curious to see how their ICO will go on. Stay tuned,guys!
Don't get too excited.
The purpose of the Kodak's announcement was almost certainly just to bump their stock up. Mission accomplished.
Some board members allegedly committed insider trading (
source). If true, they did it in the most blatant and retarded way, bought just before the announcement and sold right after.
Their mining operations was just buying 80 (inefficient) whatsminer units and putting a "Kodak KashMiner" stickers on them (
credit to BenRickert)
ICO will probably never happen. The brief description of the purpose of new tokens doesn't make much sense. If they intend it to be centralised, there's no need for blockchain/tokens.
Lesson: the heavily regulated stock market seems more susceptible to manipulation than the unregulated, wild-west crypto market. Hmm