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Hey Wrangler!!! Great to hear from you. Yeah, I have reevaluated the validity of investing in Bitcoin Miners and have concluded that they are all scams. Ponzi Schemes. They really offer nothing of value to shareholders and in order for investors to realize any gains it is necessary to have a constant flow of "new" money. Just like a Ponzi Scheme.
Really, what do Bitcoin Miners do? They mine Bitcoin and maybe ETHEREUM and they HODL everything they mine. OK, so what is the long term strategy?
I have never seen a formal strategic plan. For all intents and purposes they could, and should be privately held, when considering the benefits they offer investors. Consider for a moment if Apple produced millions of iPhones but instead of selling them, warehoused them. Tesla producing tens of thousands of EVs and leaving them parked in airplane hangers somewhere with no plans to sell them?
How are Bitcoin Miners contributing to the increase in Shareholders' wealth? The only reason they are public is to dilute shareholders through public offerings when they want to buy new ASIC miners and to pay bills to keep the operation running. Ponzi Scheme.
Once I realized how miners operate I decided to take a similar approach. I was flipping miners, mostly Bitfarms, Hut 8, & HIVE. Buying low selling high and using the profits to buy the actual asset. Bitcoin and ETHEREUM. I mean why buy an equity when you can buy the actual asset?
The strategy was working fine until the latest downward trend from Bitcoin's last ATH of $67k or so. Since then Bitcoin has been channel trading, consolidating, between $30k and $50k.
I watched a keen Bitcoin analyst describe how during this period most Altcoins were achieving lower highs and lower lows. They were not keeping the same behaviour as Bitcoin. It struck me that Bitcoin Miners were also following the same pattern of lower highs and lower lows. You can easily see the trend in Bitcoin Miners since their ATHs back in Nov '21.
Fortunately I am holding free shares but I am waiting for the right time to liquidate all Bitcoin Miner holdings and go 100% Crypto.
When you own the asset, instead of a miner, you have a one-to-one relationship with it. When you own a miner there are too many factors that affect the price, while the HODL'ing miners enjoy the direct one-to-one relationship with the asset.
I an sick of funding these selfish greedy miners that give nothing to investors and only dilute them over and over again to further their Bitcoin holdings.
Well, that's all my opinion only but I think it fairly describes what's going on and what the MO of these miners is.
All the best to you Wrangler. My advice? Own the asset!!!
BTW: The absolute worst of the Miners is $HIVE and their Part Time CE(R)O Full Time Lyin, Corrupt, Walkin' Talkin' Scumbag POS.
Back in 2021 he diluted $HIVE investors out of $110,000,000 for the supposed purpose of buying over 5k new S19 miners to be delivered beginning in January '22 with monthly tranches of 550 per month throughout the entire year. End of March '22 and they have not taken delivery on one machine.
The SOB also snuck a little tidbit into an unrelated filing that $HIVE had sold 100,000 ETHEREUM coins but failed to disclose where the proceeds went.
This is after claiming that $HIVE was HODL'ing 100% of their mined coins.
He's a lyin' fraud. Worst part is that $HIVE investors love the guy and claim that he is a genius while their portfolios go to zero with lower highs and lower lows.
Truly looks like Bitcoin Miners and Cryptocurrency Altcoins (for the most part) are following the same trend, Lower Highs and Lower Lows.
It's been trending this way since November '21.
Crap annual report and pps climbs, go figure.
Bitcoin Miner investing is basically a Ponzi Scheme.
There is only one investment in the Crypto space. The Asset itself, King Bitcoin.
Yup.$HIVE
Lower highs and Low, Low, Looooooooooooooooooooooooooooooooower Lows!!!
Bitcoin crosses $41k so don't worry ladies, Frankie The Ponze is doing fine on his side. How about his Mushrooms? Can they say the same. Just two more trading sessions then $HIVE gets to rest for 2 days, 2 days of no losses.
Low, Low, Lower HIGHS and Low, Low, Looooooooooooooooooooooooooooower Lows
8 of the first 11 weeks of 2022 have produced LOWER LOWS!!!! . . . . and the other 3 produced LOWER HIGHS!!!!!
Closing below $1.60 today? Aw, too bad. But don't worry. Frankie the POS Lyin' Scumbag still has all his piles and piles of Crypto Coins. Bitcoin hasn't changed much in months!!!!!!! Unlike his POS ticker, but then again, he couldn't care less about his mushrooms. Just when he needs to dilute them, turn them upside-down and shake those last few coins from their pockets!!!!!!
ROTFLMFAO!!!!! C'mon, prove me wrong? Put up charts and data to show everything I claim to be true is wrong? Crickets.
Bitcoin remains steady so Frankie (Everyone's Favorite Lord, Master, and Resident Genius) is safe. I'm sure all the members of the Ladies Tea Social and Frankie Houdini Holmes Admiration Society will be pleased to know that.
However, a steady Bitcoin will unfortunately mean another day of a LOWER LOW for all the ladies' portfolios.
ROTFLMFAO!!!!!!!!
Suffering is over for today, but don't despair, I have been notified by a hive rep that suffering will begin again in roughly 16.5 hours.
ROTFLMFAO!!!!!!!!
Lower Highs & Low, Low, Looooooooooooooooower Lows, How Low can $HIVE go?
YUP! They're all down because they are all 100% Scams, with $HIVE leading the way down, down, down.
Low, Low, Lower HIGHS and Low, Low, looooooooooooooooooooooooooer Lows
Tell me does that make you feel better? Well I'm losing all my investment but all Miners are down so I feel better as I go broke.
Take a look inside that bag you're holding, what do you see?
And tell me how the Ukraine/Russia situation has negatively affected Bitcoin and Bitcoin Mining please. You can't of course.
When an investment of mine goes down the toilet I don't take solace because the sector is going down, I look for the cause. The cause here is that all Bitcoin Mining operations are scams. HUT 8 will release their earnings report on March 17th and guaranteed it will be SUPER, but that will only matter to insiders. If your rationalization helps you to cope with your losses then by all means sooth yourself but I ain't buyin' it. Go sell it somewhere else
I saw what was happening months ago and bailed. I tried to warn others, but noooooooooooooooooo, I'm the psychopath!!!! ROTFLMFAO!!!!! It's a pleasure watching the crew swear that the Titanic is not sinking.
Hey Ladies!!!!
Lookie, Lookie!!!! ROTFLMFAO!!!!!
Snapshot:HIVE
HIVE BLOCKCHAIN TECHNOLOGIES LTD
1.605 Down -0.115 (-6.686 %) AS OF 1:34:59PM ET 03/14/2022
Yeah, Frankie the Genius sitting on his pile of crypto wile Bitcoin holds steady
. . . while his mushrooms suck the gas pipe!!! Love it.
I want to hear how great the POS is. OH Frankie is a genius!!!!
A "genius" would be creating value for his shareholders, not just for himself and his Sock Puppets.
OH, Boo-Hoo-Hoo ladies
More bad news for Frankie's Mushrooms. Bad news and Bullshit
Chow down hounds Frankie's got plenty of it.
Frankie The Ponze has his nice safe stash of BTC & ETH coins that $HIVE investors can't touch or benefit from. They're all Frankie's and his merry Band of Sock Puppets laughing their asses off at the Boobs who invest here!!!!
Another $HIVE LOWER LOW coming to visit the Lady's Tea Social & Bitcoin Miner Investor's Club today. Open your bags ladies and start crying! Maybe check in with Sebastian? Or ass kissing Blonity for some $HIVE propaganda.
Yeah I believe it.
Show me what effect the conflict has had on Bitcoin. Back it up with charts and data.
Charts clearly show Bitcoin has been in a channel since before the beginning of the year and there was no extraordinary movement since the invasion.
I know all I'll receive here are Crickets.
$HIVE Investor Mushrooms are great at making false statements then running back and hiding at the Lady's Tea Social Club.
C'mon, you made a statement, back it up. Crickets. Pathetic $HIVE Bag Holding Mushrooms. Intelligent discourse is a foreign concept. Chart? What's a chart? Data, we don't need no stinkin' data or original thought, we have our Lord and Master Frank Houdini Holmes to tell us how and what to think. Absolutely Pathetic.
$HIVE:
38.5% decrease Year-To-Date
Bitcoin:
17.8% decrease Year-To-Date
So, % wise $HIVE decreased over 100% more than Bitcoin!!!
Bag Holders too busy shedding tears into their empty bags to notice or swallow their false pride and admit the truth. That being Bitcoin Miners are Fraudulent Scams and Frankie's Ponzi Scheme is the worst!!!!
I'll provide Bag Holders with some facts, not made-up bullshit to support my claim of Lower Highs & Lower Lows
Weekly Average PPS Year-To-Date
January - Wk I $2.76, Wk II $2.50, Wk III $2.39, Wk IV $ $2.14, Wk V $1.84
February - Wk I $1.99, Wk II $2.14, Wk III $2.07, Wk IV $1.89
March - Wk I $1,97, Wk II $1.76
69% decrease since ATH
38.5% decrease Year-To-Date
Prove me wrong. Bitcoin has been channel trading in accumulation phase while all Scam Bitcoin Miners are trending down. $HIVE is leading the pack down, down, and down.
So please tell me again how Frankie The Lyin' Scammin' POS is a Genius.
Where are the 1,650 S19 Miners promised for the first 3 months of 2022?
Where did the proceeds of the disappearing 100,000 ETH coins go?
Crickets. With the occasional insult. Pathetic.
Waiting for validation from $HIVE Propaganda Central.
ROTFLMFAO!!!
What's going on on the other side of the world has absolutely positively NOTHING to do with the price of Crypto much less Crypto Miners. Cheeses man.
Snapshot:HIVE
HIVE BLOCKCHAIN TECHNOLOGIES LTD
1.72 Down -0.12 (-6.5217 %) AS OF 4:00:00PM ET 03/11/2022
Even a blind YouTube Genius and their minions can see what's going on and it has nothing to do with anything but King Bitcoin channel trading while in accumulation.
Bitcoin Miners have been exposed as the scams they have always been and are putting in consistently LOWER HIGHS & LOWER LOWS
Someone please prove me wrong? Crickets.
Cheeses man, yeah stay strong while I divest!!!
BTW bub, still waiting on your notification from the hive rep out of $HIVE Propaganda Central. Crickets.
Yes, they're all Scams, BUT $HIVE and it's little used car salesman POS are the absolute worst. Most others try to provide value for shareholders.
The Part Time CE(R)O Full Time POS couldn't care less about $HIVE investors. He lies like some former high ranking political figure, in fact, he conducts his business like him also. He's a lowlife POS and he's going to pull a Reverse Split that will prove it. We'll be adding 550 new S19 Miners every month throughout 2022!!!! OH, yeah, still haven't deployed one single machine. Oh and by the way we sold off 100,000 ETH coins. No need to explain where the proceeds went, Mushrooms wouldn't understand that complicated stuffr!!!!!!!!!!!!!
$HIVE is the lowest of all Bitcoin Miners and going low, low, low, loooooooooooooooooooooooooooooooooooower, every single day. Except for the one day a week when it hits a new Lower High and Bagholders Rejoice thinking their bacon is saved, but no, next day, LOWER LOW!!!!!
Low, Low, Low, Lower Highs & Low, Low, Low, Looooooooooooooower Lows Bagholders!!
Snapshot:HIVE
HIVE BLOCKCHAIN TECHNOLOGIES LTD
1.755 Down -0.085 (-4.6196 %) AS OF 10:09:37AM ET 03/11/2022
Just another day at the Frankie Fraud Factory. The Lyin' Scammin' Walkin' talkin' Lowlife POS is calculating when to pull the Reverse Split.
Then Frankie's Mushroom Investors will not only have an empty bag, it will have a huge hole cut out of the bottom because the drop will be bottomless.
Well the good thing is that the pps can only go to ZERO
ROTFLMFAO!!!!!!!!!! Explain to me again how a Genius can't get his ticker above a lousy $2? Can't even buy a gallon of gas with this shite $HIVE paper. Well it's still good for wall or toilet!!!
Down, Down, Down, Down, and Down!!!! Yeah, how much good are Frankie's BTC & ETH coins doing for Joe Mushroom Investor? Frankie? Why Frankie is doin' just fine and dandy, no worries from $HIVE Central.
And what about the Intelligent YouTubers? What do they have to say?
Sebastian? All in right?
The Ass Kissin' Blonity' Oh, I really Like Frank and $HIVE. Meanwhile he's dumped every last share he had and now he's on Frankie's payroll to keep those Gullible Mushrooms coming in!!!!! Too, too, funny!!!!!!
Lower & Lower Highs and Lower & Lower Lows
ROTFLMFAO!!!!!!!!!!!!!!!!!!
Snapshot:HIVE
HIVE BLOCKCHAIN TECHNOLOGIES LTD
1.8697 Up 0.1497 (8.7035 %) AS OF 1:14:54PM ET 03/09/2022
Just like the guy with the garbage can on wheels behind the parade picking up all the horsecrap. $HIVE trails the parade of Bitcoin Miners.
Lower Highs & Lower Lows
Good News for Bitcoin Miner Bag Holding Mushroom Investors.
Snapshot:HIVE
HIVE BLOCKCHAIN TECHNOLOGIES LTD
1.65Down -0.13 (-7.3034 %)AS OF 4:00:01PM ET 03/07/2022
All non-mushroom investors are clearly hip to Frankie The Part Time CE(R)O Full Time Lyin' Scammin' Walkin' Talkin' POS's bullshit propaganda and they ain't bitin'
Snapshot:HIVE
HIVE BLOCKCHAIN TECHNOLOGIES LTD
1.7099 Down -0.0701 (-3.9382 %) AS OF 10:11:44AM ET 03/07/2022
Lower Highs & Lower Lows
. . . . and get ready for the Reverse Split, Delisting, trips/no bid
when Frankie and his Band of Sock Puppets walk away with all those Bitcoin and ETH coins and leave behind all those empty bags!!!!!
$HIVE down 5.5% and leading the pack of Bitcoin Miner Scam tickers !!!!
I'm holding the asset, Bitcoin, and laughing my ass off at the Bitcoin Miner Bag Holders!!!!!! DOWN; DOWN; DOWN!!!!! Circling the toilet drain, Good-Bye!!!
Unbelievable. More Bullshit propaganda from $HIVE Central lapped up by $HIVE Investor Mushrooms!!!!!!
They haven't delivered one S19 of the promised 5k plus yet for 2022 and now they "claim" to have signed a deal with Intel. Oh Cheeses man, the gullibility level is simply off the charts.
BTW:
Yeah, I occupy a permanent space in your head. And I'll tell you, there's a whole lotta empty space here!!!!!
Where are the 1,650 S19 Miners and 100,000 missing ETH coins Sherlock?
Cheeses man, you spend all your time posting about me because you don't know anything about your investment. Guess it seemed like a good idea at the time though. Too late now, you're underwater and sinking fast.
Oh Really Sherlock? Wow, great detective work!!!!
Yeah, I sign my emails "Hobowily from the iHub Message Board."
The stupidity associated with $HIVE Mushroom Investor4s knows no bounds.
We should be used to this level of ignorance but it just continues to amaze. This is supposed to be some great piece of sleuthing, like you've got an inside back channel to a nameless $HIVE Rep.
Why didn't you ask where the 1,650 new S19 Miners are or the missing 100,000 ETH coins? Oh yeah, that's right, you had more important matters to discuss.
And this is expected to be believed? Really? You can't answer any question regarding your investment. Nothing. But you're in conversation with a $HIVE Rep. Cheeses man. I really pity someone of such a low intelligence.
Why don't you post the communication and let us all get a chuckle as well? ROTFLMFAO!!!!!
Lower Highs / Lower Lows.
You're losing your rent money and you're more concerned about a message board poster.
ROTFLMFAO!!!!! A fresh load of manure straight from "Nothing up my sleeve, $HIVE Propaganda Central and The Lyin' scammin' Scumbag, POS direct to his mushrooms. Chow Down!!!! Glad I sold most of my stuff months ago!!!! . . . and I'm the "psychopath" Oh too, too much.
Lower Highs $ Lower Lows!!!! ROTFLMFAO!!!!!
Reverse Split, coming up.
ROTFLMFAO!!!!!!!!!!!!!!
Don't blame and take out your frustrations on the "psychopath" for your bad and failing investment.
If I remember correctly the "psychopath" was warning this was going to happen and mushrooms completely ignored the warning, preferring to listen to paid YouTube "Gurus" that only care about subs.
Sorry for your losses, well not really, but you made your bad decisions now you must accept their consequences. A typical modern day reaction, blame someone else for your mistakes.
Why not defend your investment instead of hurling childish insults??
Why? Because you can't, so simply resort to attempting to shoot the messenger.
Where are the New S19 Miners promised and paid for by you?
Where did the proceeds go from the disappearance of 100,000 ETH coins?
You won't and can't answer because you've been scammed and don't want to accept the truth.
When will you admit defeat? After a 1:10 Reverse Split? Being sent back to the OTC? Probably trips/no bid won't do it either.
Lower Highs & Lower Lows!!!!!! Cheeses man, a blind man could see what's happening.
Snapshot:HIVE
HIVE BLOCKCHAIN TECHNOLOGIES LTD
1.88 Down -0.20 (-9.6154 %) AS OF 4:00:00PM ET 03/03/2022
. . . . and investors continue to believe that Frankie the lyin' scammin' walkin' talkin' POS really cares about his mushrooms.
Wake up. I know it's hard to admit the truth, but the truth will set you free. Why not send Frankie Houdini Holmes an email? No, better to write a useless comment on a message board!!!!
Does that make you feel better about your failing investment? Then go ahead. I would suggest you might derive more satisfaction from a strongly worded statement made to the $HIVE Part-Time CE(R)O Full-Time Scamming POS and ask for transparency and accountability for his lies and deceitfulness. Nawh, why do something for the sake of your investment?
ROTFLMFAO!!!!!!!!!!!!!!!
Snapshot:HIVE
HIVE BLOCKCHAIN TECHNOLOGIES LTD
1.9693 Down -0.1107 (-5.3221 %) AS OF 10:27:15AM ET 03/03/2022
OH Great One, Oh Great Lord Genius, Please Save Us Mushrooms, We Still Believe In You Frankie, we truly do!!! Save us oh Master!!!
ROTFLMFAO
Lower Highs & Lower Lows
. . .and the Mushrooms still don't believe it!!!!!!
Those Bags are getting lighter everyday, and that's not a good thing. But Devoted Mushrooms couldn't care less, Frankie will save us!!!!!!
Better Check with the other Genius, Sebastian. Too Funny. Please tell me I am the crazy one for not believing in the Genius, tell me how all the Mushrooms are going to be Gazillionbillionaires.
Reverse Split / OTC coming up.
Get used to it.
Lower Highs & Lower Lows for Frankie's Mushrooms
But Frankie The Lyin' Scammin' Walkin' Talkin' POS?
Why his investment is doing just fine. Higher Highs & Higher Lows
ROTFLMFAO!!!!!!!!!!!
Mushrooms, gotta luv 'em
Frankie The Ponze sure does!!!!! Building his fortune on the Mushrooms he keeps in the dark and feeds BUllshit to.
Hey, where are those new S19 Miners? 1,100 should be up and running with another 5,500 due this month?
Oh, and about those 100,000 Missing/Sold Off ETHEREUMS? I wonder?
Hey I know, ask Sebastian!!! Or Frankie's new ass kissing buddy Blonity!!!
Holy Snykies!!!!
What am I going to do with all this money I made today????
Beach House? New Car? Home Theater? A Year Long Trip Around The World?
So, so, so, many options with a .98% gain!!!! And Bitcoin was only up 10%
Snapshot:HIVE
HIVE BLOCKCHAIN TECHNOLOGIES LTD
2.06 Up 0.02 (0.98 %) AS OF 4:15:00PM ET 03/01/2022
Well as some Wiseman once said, and I quote:
Lower Highs & Lower Lows
How low will it go?
Pretty Freakin' Low and don't expect a raising Bitcoin to help out.
That connection has been de-coupled and ALL Bitcoin Miners are on their own.
Well, the Miners will do fine, they remain linked directly 1 to 1 with Bitcoin, but Bitcoin Miner Mushroom Investors are finished.
Thankfully yours truly took profits from these Ponzi Scams and bought the assets!!!!
He's a Genius!!! Here Frankie, take my money please? No, no Frankie, take mine, take mine???
Don't worry my little mushrooms I'll take all your money!!!
ROTFLMFAO.
How pitiful and pathetic to watch Bitcoin rise up and $HIVE go down, down, down.
But hey, Mushrooms know what they're doing, right Frankie Boy?
This is just too funny to be real.
Snapshot:HIVE
HIVE BLOCKCHAIN TECHNOLOGIES LTD
2.0788 Up 0.0388 (1.902 %) AS OF 11:30:18AM ET 03/01/2022
C'mon, where's all the support for that one and only $HIVE Genius????
You know, the POS that's making everyone's portfolios bulge?
Where is all the celebration? Bitcoin back above $44k and $HIVE is going in the other direction. You can't make this stuff up. Mushrooms still faithful to their leader, their genius, their savior.
Gee, I wish I could believe, unfortunately, or fortunately for me, I do not believe in Hero Worship. I know a bad investment when I see it. Reverse Split coming, The Little POS has no other options. Back to the OTC as well.
Yesterday Bitcoin was up 10%, today 12%
. . . and $HIVE? ROTFLMFAO!!!! Own the asset!!!!!
$HIVE, Lower Highs and Lower Lows
ROTFLMFAO!!!!!!!! and Frankie the part time ce(R)o full time lyin scumbag POS scammer laughs his fat ass off at his stupid mushrooms who have funded his fortune of Bitcoin and ETHEREUM!!!!!
ROTFLMFAO!!!!!
Where are the new S19 Miners??? Where did the 100,000 ETH coins go?
We don't know, we don't care, Frankie, Frankie, he's our GENIUS we'll follow him anywhere!!!!!!!!!!!!!
Frankie The Ponzes' Bitcoin is up 12% today
Frankie the Ponzes' ETHEREUM is up 10% today
Frankie the Ponzes' Mushrooms? Up a measly 5.3%!!!! Lower Highs & Lower Lows!!!!!
Snapshot:HIVE
HIVE BLOCKCHAIN TECHNOLOGIES LTD
2.15 Up 0.11 (5.3922 %) AS OF 9:47:29AM ET 03/01/2022
Those of us in the bright sunlight, as opposed to the mushrooms and mold that grow in the dark, can plainly see what's happening to ALL Bitcoin miners.
Lower lows/Lower highs.
This trend is not going to change.
The only component in the equation which will set Higher highs/Higher lows is the asset. King Bitcoin.
Come towards the light, it doesn't hurt. Own the Asset.
ROTFLMFAO!!!
Like talking to mushrooms