WPCS NASDAQ STOCK + BITCOIN!

[BitcoinHawker]

Front page news on yahoo finance! Already doubled this morning!!

[flm]

This one? Negative news about India? http://uk.finance.yahoo.com

[BobGriffin3]

Front page news on yahoo finance! Already doubled this morning!!

No link and you spelled wpcs wrong. Great job!

[BitcoinHawker]

This one? Negative news about India? http://uk.finance.yahoo.com

no this http://finance.yahoo.com/q?s=WPCS

[BitcoinHawker]

http://www.businessinsider.com/wpcs-bitcoin-2013-12

[Guava]

https://bitcointalk.org/index.php?topic=208102.0

[Boxman90]

I don't see 50% increase from 1 USD as that impressive.

[Miz4r]

I don't see 50% increase from 1 USD as that impressive.

It's at $3.2 now..

[flm]

Wheres the best place to buy shares? Im UK based. 

[BitcoinHawker]

Wheres the best place to buy shares? Im UK based. 

call a stock broker. they are on the nasdaq.

[GigaCoin]

huh, looks like the train is gone on this one. I don't get it was there a plan for this that i missed out or did the announcement just happen insider style ?

[BitcoinHawker]

huh, looks like the train is gone on this one. I don't get it was there a plan for this that i missed out or did the announcement just happen insider style ?

You didnt miss out. There are only 1 million shares floating right now. Buy a little.

[Boxman90]

I'm sure BitcoinHawker is not at all involved with this stock

Surely he wouldn't have shares and try to get the price higher.

[BitcoinHawker]

I'm sure BitcoinHawker is not at all involved with this stock

Surely he wouldn't have shares and try to get the price higher.

Dude. This is very big news. This is the first stock in US history to have bitcoin associated directly with it.
 Dont buy it then.
Its the fifth most active stock on the nasdaq today 25 million shares traded. So it is a legit company. and people want it. No I didnt forget Overstock.com but any business can say they will accept.

[accord01]

everyone that missed on the bitcoin craze is trying to get in on it via wpcs... when btc crashes to 200-300 in late jan... so will wpcs...

[BitcoinHawker]

everyone that missed on the bitcoin craze is trying to get in on it via wpcs... when btc crashes to 200-300 in late jan... so will wpcs...

You have a point I agree. But I think we have a pretty good foundation around $500. Everyone that has or knows would love it for a little pullback but $200-300 would mean failure in my eyes.

Long term though, I would rather buy Bitcoin than stock.

[gog1]

It's more hyped than anything for this company.  I just don't see how they'll succeed on a large scale at this moment.  Each exchange has its idiosyncrasy (MtGox can't withdraw fiat, good luck with BTCChina with all these deposit issue plus China's currency control), they'll constantly be out of reserve or have their money trapped.  Other than regulatory challenge, another issue bitcoin exchange faces is security, DDOS / hacking, by doing what they are trying to do, the risk of getting hacked increases dramatically as they ought to have funds / BTC at the exchanges, and any of one of their linked exchanges getting hacked will open them up to huge losses.

[skivrmt]

It's more hyped than anything for this company.  I just don't see how they'll succeed on a large scale at this moment.  Each exchange has its idiosyncrasy (MtGox can't withdraw fiat, good luck with BTCChina with all these deposit issue plus China's currency control), they'll constantly be out of reserve or have their money trapped.  Other than regulatory challenge, another issue bitcoin exchange faces is security, DDOS / hacking, by doing what they are trying to do, the risk of getting hacked increases dramatically as they ought to have funds / BTC at the exchanges, and any of one of their linked exchanges getting hacked will open them up to huge losses.

I totally agree with this.  How will they be able to trade across platforms?  There's a reason it's $780 on Gox and $715 on Bitstamp right now, its really hard (not impossible!) to do.  If they somehow accomplish this it ends most easy arbitrage.

Oh, and WPCS has a net profit margin of -18% and basically has never made a dime.  They did a 1:7 reverse split earlier this year in May.  Never, ever, a good sign when investing in a stock.

[zimmah]

is it possible to invest in that company for like $100? I never owned any stocks so i have no idea how i would do that

[stink]

2 million market cap... umm... about to go up...