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Wow! I wonder why this is still low and negative. A lot of the other Canadian Mj stocks have been starting to pick up.
Us mj elections nov 4 excitement may bring Canadian mj stocks up
Sounds great. We went from 3 dollars to 1.2 this month and both the general market and cgc are positive today and this is another -6%. Who is still selling?
WHAT PROFIT!!??? This is ridiculous. It is irrational. Who is still selling? Investors have gone crazy selling. The majority of Canadian MJ stocks are already back down to their 52 week lows. If I didn't know any better looking at the graphs, I would have thought that Canada did not approve the legalization.
I think it was just cooling off a little/taking a breather before the next leg up
Looks like a lot of the cryptocurrency related stocks are doing pretty nice in the green today and looks like grayscale is increasing in premium.
Agreed
I don't know but I'm probably not going to sell any or many shares until I am above water and I am still underwater and that is after I have averaged down 19 times on this. I would not be surprised if this runs 1000 to 10,000% just like any of those altcoins that have fallen 90 to 99%. And I just find the bullish news about cryptocurrency mindboggling. I heard the lastest on otc bitcoin market buyers to sellers ratio is 10 to 1. I heard the amount of institutional money that could potential be poured into the market is enough to 100 fold the entire cyrptocurrency market cap. I don't know if I am right about this but the average cost to mine bitcoin is 6 times more expensive than what it was a year ago. If that is true and cryptocurrency continues to increase acceptance then the minimum cost to mine could be like $30,000 next year.
Finally it took several months for investors to have quit selling. Everyone that has not entered yesterday or today know that this one is down 99% from all time highs of a dollar 10 months ago and now will probably not sell their shares so generously.
The bulls are finally back after this stuck plummeted 99% from a dilution but it trades very thinly with a small marketcap and the effect was greatly magnified. Plus a cryptocurrency related stock with things about to be greatly excited in the cryptocurrency sector. Also I wonder if institutional investors started using the digatrade platform.
190% now
Yes 150% now!
Yes! Well I'm feeling a lot better about digatrade +50% yesterday and today 100% so far :)
The investors have gone irrational. It's not just this one it's all of them. Some of the stocks are already below the price they were before being pumped as if the Canadian mj event was negative.
What is with the investors in the Canadian mj sector selling for the 6 day in a row. Some of them are already down at their all time low.
I think Cryptos are about to make a massive run when BAKKT starts
I know this is absolutely ridiculous investors have sold off 4 days in a row now. It doesn't make any sense the majority were higher a month ago. Besides some of the bigger ones, the majority of Canadian of mj stocks are already back down close to there lows. And a lot of them were about 2 to 5 times higher than these prices when it was winter last year and California started sales back around January 1st 2018. Like who is still selling? The majority are probably selling for losses. The shares prices almost look as if the Canadian legalization event never even happened.
I apologize with the rude messages I sent yesterday. I have just been having a rough time this year dealing with a lot of different things in my life.
Tomorrow the CEO will probably add another 10 or 15 million shares causing another 25% drop. What about for the investors who bought yesterday? -50%. What about for the investors who bought a week ago? -75%. I can't believe I averaged down so many times and what is my average now -83%
This ceo is a piece of s%$#. I lost a whole lot of money from averaging down many times on this stock. If he is speaking the truth, I think he tried to take too big of jump to be a winner with his trading service and because of the dilution, he caused all the previous shareholders to suffer greatly. This stock couldn't handle the dilution, it has too low of US dollar volume.
I think it is coming now, I see it! Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple. I have been tracking that Bitcoin macro descending triangle pattern everyday for the past weeks and it looks pretty obvious in a day or two and now I just looked at those top coins and looks like they are all set to breakout in a day or so.
Bchbtc Bitcoin Cash - #BCCBTC chart https://t.co/ShPhgUS118
— David Craven (@cravendg) October 7, 2018
xrpbtc Ripple - #XRPBTC chart https://t.co/P5chDZ4CIg
— David Craven (@cravendg) October 7, 2018
ethereum ethbtc - #ETHBTC chart https://t.co/L8Y30SSg09
— David Craven (@cravendg) October 7, 2018
ltcbtc litecoin - #LTCBTC chart https://t.co/LPbFaKIrr8
— David Craven (@cravendg) October 7, 2018
Bitcoin - #BTCUSD chart https://t.co/ddkCrxWHfK
— David Craven (@cravendg) October 7, 2018
Xrp rapid launch I believe enabling bank transactions which I heard would launch sometime within a month. Maybe this will spark the cryptocurrency sector to rally that we have desperately needed. So far it's looking very good.
Bakkt - I heard it may allow institutional investors, and allow cryptocurrency related assets in 401k and IRA accounts. President Trump hired a SEC commissioner in support of Cryptocurrency so that the ratio is in favor of cryptocurrency 3 out of 4. Maybe they will approve the CBOE on Sept. 30. https://coingape.com/trump-appoints-sec-commissioner-coinbase-planning-bitcoin-etf/
Why does this keep falling so bad right now. Imean this has dropped about 50% in value in a week. Cryptocurrency has generally not done too bad lately
I think i know what he/she is talking about. On that day after 4 pm i either googled searched or url MGTI which triggers google search and i also did see after hours like plus as if that 25% drop never happened. Sometimes if i just google search it gives a very basic graph of the stock. I am not sure why it mentioned the afters on that day.
What happened at the last hour? It's like all of sudden -25% A major support broken?
Looks like this one just tracks the bitcoin price and therefore no worrying about the insurance in case of losing the physical bitcoin. This is what i read on from the green tab by Jake right above the last paragraph.
You were right about that I guess I am also feeling anxious for excitement as well. However, I just read this article about the Proshares Etf, maybe the SEC will accept this one that is due on August 23. I believe what I read is that they can't delay it anymore and this one is just tracks the bitcoin price and you don't have to worry about the insurance in case of losing the physical bitcoin.
https://www.cryptoglobe.com/latest/2018/08/proshares-bitcoin-etfs-final-sec-deadline-is-23-august-2018-any-chance-of-approval/
https://www.google.com/amp/s/www.coindesk.com/sec-faces-thursday-deadline-for-proshares-bitcoin-etf-decision/amp/
If this one can't be delayed any further maybe there's a chance that they will accept this one and catch everyone off guard?
I think capitulation is over. Money is aggressively flowing back into cryptocurrency. Everything is up strong. https://coinmarketcap.com/ Look at Ripple increasing bull volume on the way, cooled down for 30 minutes and building higher lows - beautiful curve. All of my negative emotions: upset, depressed, angry, just vanished and now I am happy again.
Yep I'm feeling it! I think capitulation is over. Money is aggressively flowing back into cryptocurrency. Everything is up strong. https://coinmarketcap.com/ Look at Ripple increasing bull volume on the way, cooled down for 30 minutes and building higher lows - beautiful curve. All of my negative emotions: upset, depressed, angry, just vanished and now I am happy again.
Yep I'm feeling it! I think capitulation is over. Money is aggressively flowing back into cryptocurrency. Everything is up strong. https://coinmarketcap.com/ Look at Ripple increasing bull volume on the way, cooled down for 30 minutes and building higher lows - beautiful curve. All of my negative emotions: upset, depressed, angry, just vanished and now I am happy again.
Yes but I keep seeing very bullish news just around the corner about the etf and ICE with BAKKT
https://theicojournal.com/cboe-responds-after-delay-is-announced-sources-confirm-continued-bitcoin-etf-confidence/
Just listen or read the article starting at 4:45
Alternate coins got burned badly yesterday with no sign of getting better and not much volume at the moment and total market cap not getting any better after it broke below 200 billion
https://athcoinindex.com/
https://coinmarketcap.com/charts/#dominance-percentage
yes digaf making a last minute comeback!
I have no cash in any of my accounts. I got three words for the SEC "hurry up please"
I know a lot of people are converting from altcoins to bitcoin because of the etf but overall i would have thought that cryptocurrency was stronger than this. The whole world 7 billion people know about it and there are continuously more people leaving than entering. Total marketcap shows $190 billion now from $750 billion now. Therefore I have no sympathy for the billions of people that are going to kick themselves when it explodes.
Alternate coins are really getting burned
At this point I am pretty much all in Cryptocurrency whether it is Cryptocurrency related stocks or Bitcoin or Altcoins. If you ask me, I think the probability with risk/reward ratio is just so high right now.