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I'm back in again. I'll be attending presentation tomorrow in Vancouver. Let me know if you guys have questions and I can ask:
https://www.picatic.com/event15093121608374
I got stopped out for now and will wait to watch volume reversal signal
HIVE consolidating and attempting to find a new low in the face of Ethereum prices getting ready to breakout from an ascending triangle:
See chart below:
http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1d0jhab-Your%20new%20TVC.png
I do not know. Would you be able to dig some info? I called last week. They are very forth giving to answer questions. It's Thanksgiving in Canada though. So maybe tomorrow?
Bill a short term catalyst is the Sweden Data Centre will be a newly constructed GPU mining facility with an anticipated completion date of December 2017 and, on completion, Hive’s mining capacity (or hash power) is expected to increase by approximately 175%.
We just crossed 200sma. Let's see if we can stay above
Incorrect. "If you build a very simple model valuing $bitcoin as the square function of the number of users times the average transaction value, 94% of the bitcoin moves over the past four years is explained by that equation." ~ Tom Lee
That means the number of users declined in Bitcoin and the transaction value also decline.
The will decline prices of Bitcoin (as is the case now) and will also decline the price of this penny stock as the number of active users have also declined.
At least they were smart enough to include Ethereum.
In the short term this is nothing but a P&D
HIVE’s focus mining efforts on Ether - Ethereum is up 5% this week despite the drop in Bitcoin.
This from their website:
"What about Bitcoin?
Genesis is already a very significant player in the Bitcoin market. HIVE’s decision to initially focus mining efforts on Ether does not mean we will not also mine Bitcoin and other cryptocurrencies in the future. However, we, like our partner Genesis, are very excited about the potential for the Ethereum project.
Genesis made an early bet on Ethereum and constructed the world’s largest Ether mining facility — known as Enigma — specifically to support the project at an early stage of its development. Genesis is a world leader in optimal construction and operation of GPU-based mining facilities as a result.
The bottom line is that HIVE will focus its hash power on the most profitable coins to mine, which will vary from time to time."
Source: https://www.hiveblockchain.com/faq/
Hive deals w/Ethereum & ZCash-Ethereum-up+5%. No worries here. Ethereum up 5% this week compared to -20% Bitcoin.
This is right from Hive's website:
"Which cryptocurrencies does HIVE mine?
Our GPU mining rigs have the capability to mine any GPU-based algorithm Ethereum, Monero, and Zcash. In the immediate future, we plan to focus on mining Ether, but will examine other altcoins for potential opportunities."
source: https://www.hiveblockchain.com/faq/
I also called Hive this week and verified: They are hoarding Ethereum and ZCash, not Bitcoin.
You have to understand the fundamental difference between Bitcoin and Ethereum.Its a vastly superior crypto as it can be programmed to suit various applications, unlike Bitcoin. This is why Ehereum is rallying. HIVE is very smart to hoard Ethereum and Zcash.
We'll see that theory soon enough: Bitcoin -17%
Bitcoin down -15% this week! It will be interesting to see this ticker on Monday and how it holds up
Innovation patent is NOT the same as PROVISIONAL. Read below in the link from Australian Patent office.
There is a specific section on the Government link below that shows a (1) provisional application is distinctly separate from (2) innovation or (3) standard patent:
"Provisional applications
Before applying for any patent, you may wish to file a provisional application. Provisional applications establish a priority date, which is handy if you need to prove you were the first to come up with a new invention"
Source: https://www.ipaustralia.gov.au/patents/understanding-patents/types-patents
As such OWCP Innovation Patent is NOT a Provisional patent as you claim in your distorted posts - neither "in nature" nor in any manner.
A record-breaking 105,935 Ethereum addresses were registered on November 9, a day after prominent Segwit2x backers announced their intention to abandon the proposed changes to the bitcoin blockchain. https://www.ethnews.com/new-record-over-100k-ethereum-addresses-registered-on-november-9 $HIVE$
Patent Links and Application:
Canadian Intellectual Property Office
http://www.ic.gc.ca/opic-cipo/cpd/eng/search/results.html?query=one+world+cannabis&start=1&num=50&type=basic_search&newSearch=0
IP Australia
http://pericles.ipaustralia.gov.au/ols/auspat/quickSearch.do?queryString=one+world+cannabis&resultsPerPage=
Israel Patent Office (click English in top)
http://www.ilpatsearch.justice.gov.il/UI/RequestsList.aspx
Patent app no. 253066
http://www.ilpatsearch.justice.gov.il/UI/RequestsList.aspx
Patent app no. 252504
European Patent Register
https://register.epo.org/smartSearch?searchMode=smart&query=one+world+cannabis
World Intellectual Property Organization
https://patentscope.wipo.int/search/en/result.jsf
3-9 month from July 2017, so anytime now until end of February. I was one of the people who spoke with Mediq.
NLightn make sure you look at tucker HIVE on TSX canada for volume, not the otc symbol. TSX has much more liquidity.
Interesting, yet Hive is primarily mining Ethereum and ZCash, not Bitcoin. I spoke with them late this last week. Ethereum +6.1% $Bitcoin -6.1% this Saturday afternoon. Go HIVE !
I'm holding and buying any dip below $3.25. We shall see a great story unfold here. Giustra is also no fool. I trust him with my money.
Yes I hear you. Glad it's clarified :)
Not today but last Friday
ICC went from 25 cents to $1 on TSX
Wrong again as Aphria has US business in its belt and TMX has left the listing alone.
Also ICC did not implode lol. Get your facts straight and quick trying to bring down this ticker cause it ain't working! Lol
That's incorrect. The TSX is now Mecca for pot stocks including Uruguai's ICC
I spoke to HIVE yesterday: with a board member today called Tobias Ebel
HOARDING:
HIVE hasn't sold any of the crypto it's mined so far. So they are holding ethereum and a currency called Z-cash.
HUGE INFRASTRUCTURE:
Genesis is 20% of the worlds ETH mining.
The Sweden center is probably going to be the largest crypto mining operation in the world when it's fully up and running. HIVE plans to expand in Sweden.
THE LOW DOWN ON UNLEASHING RESTRICTED SHARES EARLY:
The decision to release shares earlier than planned was to alleviate a short squeeze in the stock. Evidently somebody lost some real money going short, Friday's price action in the morning was short squeeze related.
SWEDEN COMING:
Upon completion of the second phase construction of the Sweden data centre, the Company’s hashpower capacity is expected to be based approximately 78% in Sweden and 22% in Iceland.
GOLD STANDARD:
I'm more bullish on the stock and have no doubt that this is the gold standard publicly traded crypto miner.
Just that fact will ensure the stock trades at a hefty premium to whatever one makes up its net asset value is.
You mean DIGAF is busted -17%?
Thank you for that! I will be watching until November 29!
I wonder why they didn't list in the Canadian exchanges: TSX and Venture. A lot stricter regulations here. Oh the OTC, so much risk and so much reward! Good luck to you all!!
I mean filings disclosing how many shares they will be getting for $320,000?
True. I am from Vancouver and I love the entrepreneur spirit here. But we ought to exercise caution. Any filings so far?
OWCP had no debt
"Company reports that it completed US$320,000 in funding via convertible promissory notes" = MAJOR DILUTION COMING
There will be dilution: A convertible promissory note is a debt instrument that converts to equity in the company
I spoke to HIVE today with a board member today called Tobias Ebel
HIVE hasn't sold any of the crypto it's mined so far. So they are holding ethereum and a currency called Z-cash.
The Sweden center is probably going to be the largest crypto mining operation in the world when it's fully up and running. HIVE plans to expand in Sweden.
The decision to release shares earlier than planned was to alleviate a short squeeze in the stock. Evidently somebody lost some real money going short, Friday's price action in the morning was short squeeze related.
Upon completion of the second phase construction of the Sweden data centre, the Company’s hashpower capacity is expected to be based approximately 78% in Sweden and 22% in Iceland.
I'm more bullish on the stock and have no doubt that this is the gold standard publicly traded crypto miner.
Just that fact will ensure the stock trades at a hefty premium to whatever one makes up its net asset value is.
Market has already adjusted for those shares. That's old news. It already adjusted for that dilution
Woo hoo! Hive with big results! Next week this will be up to $5 again
We need a proper PR rather than a vague twitter post. OWCP needs to post this, I wonder why the delay?
Excellent links to patents Joe!
What circumstances lead you to believe it will happen in 2 weeks?
The money has gone to Canadian MJ and Cryptos. We need a ticker in Canada ????
Didn't you see the resistance at .11 for so many months back? Should have sold them until the stock broke resistance on the weekly at least. Oh well, MJNA will regain together with the entire sector. Maybe not this year, but there will come a time and MJNA is a great ticket to own!