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I feel yah man, I am down 90% on this, and lost most of my life savings holding other crypto related stocks and altcoins over the past two years.
I think the big problem is not the dilution. If only $250000 from st george warrants a few months ago... thats not much at all in the stock market world. One day of a bull run and that 250000 could get knocked out in a day. St George took advantage of these low volume days to convert. The problem is none of the crypto related stocks are doing anything. We desperately need increase in bull volume. We only had like a few days of that feeling back in late june and that one last trading day before Bitcoin fell from 13400 the crypto stocks average gain was 40% that day. I know one otc stock that really didn't dilute very much and it is down like 1 40th the value since early 2018. I think the problem is no one is buying, it ain't ringing any daytrader alert signals.
I am surprised that the crypto related stocks/crypto mining stocks aren't making bullish movements today and not much happened yesterday either. Bitcoin and the altcoins have picked up quite a bit over the last couple of days.
That's very neat.
Yeah I am surprised that none of the crypto related stocks/crypto mining stocks are making bullish movements today and not much yesterday either.
Lol. Calling bottom for INTV now at a penny. Bitcoin is in the process of setting the monthly higher low at $6450 with the right shoulder that is setting today.
Alright looks like we are turning bullish now let's run it all the way to a dollar for Moneymaker :)
Oh it will be up. Btcusdlongs are 10x compared to btcusdshorts on tradingview.com for bitfinex. Bitcoin halving after sell off. The low btc price will probably be at minimum double what 6500 for average company miners which would be 13500 and I'm guessing the high of june 25 will act as support. Hype may come early like it did earlier this year for institutional investors and witnessing early hype back when Canadian mj stocks getting hype before Canada recreational mj. 2.) Bitcoin golden cross
I believe the ceo said he was selling off the crypto money to buy more mining rigs when the crypto prices are not extremely low.
Digaf on tradingview.com went from $6000 at the beginning to 0.0006 now. As of right now in my opinion if you asked me the company has taken pretty much most of the money from buyers. My total average is -90% after averaging down many times.
The problem I think as to why the stock is tanking so badly is because they abused so badly that a lot of people don't believe digaf so there is a weak buying volume to take the diluted shares so now digaf has to push in way more shares into the o/s at such lower share prices to get the same us dollar volume.
The price drops this has had, I... I honestly am getting that feeling that this company doesn't care one iota about their shareholders. Unless you bought today at 0.0008 everyone long holding here has a loss to horrible loss.
Calling reversal yesterday for 5 month downward channel was finished when the RSI on multiple time frames got to 20, I don't see a reason to go below 6500 for the news hasn't been bad lately. I believe changing of trend will switch although slow now but by March or April 2020 I'm guessing 20,000. For June 25th marked the high and November 25th marked the low, even synced with the calendar and look where we are near black Friday.
I think I now why when Bitcoin broke below 7400 I kept thinking what is the decision for the bears to stop and this makes the most sense to me 1 / 2 from the high of 13400 is 6700 and it is tangent to the dates around February 6 and March 30 so major reversal now for Crytpocurrency.
If Bitcoin falls below the support it had before the pump it had to 10500 a month ago, them I'm going to go crazy. We should have formed a higher low by now.
Yo check out the twitter page they recorded the conference call. It sounds good.
I believe it's more than just dilution, dilution with no volume no interest because of the US regulation on the whole cryptocurrency sector. US regulation prohibiting US investors to invest in many altcoins causing exchanges like Poloniex which was based in Wilmington, Delaware to discontinue US investors, Binance to split into two exchanges with the new one as Binance.US, other small exchanges have discontinued. The US regulation has got to end this or finish immediately. It's been almost 2 years since the last real excitement. Oh but the SEC doesn't want to approve of a Bitcoin ETF because of manipulation. Look at the suppression you have done SEC, the majority of altcoins and crypto related stocks are down 90 to 99.9% over the past year and 10 months.
Are you serious?? Why for goodness sake is this trading at 0.0013 from $1 a share over with such little bull interest over the past 2 years.
Exactly terrible quarter now so it has to get better from here along with the share price.
Whatever happened to their institutional investment trading platform?
I have hard time believing that this just dropped from 0.0042 to 0.0011 in about 15 trading days.
I know and it's because we have had hardly interest in crypto for a long time now and if I would put the blame, I would blame the US regulatory system. Binance had to split to a separate Binance.us., Poloniex that was a pretty big U.S. located (Wilmington, Delaware) cryptocurrency exchange forced Us investors to leave by closing margin positions and then now November 15 you have withdraw out of Poloniex. US regulatory prohibiting Us investors to invest in many altcoins some in the top 100: bytecoin, decreed, factom to name a few. I know because I had a lot of money in Poloniex
I lost so much money on this from averaging down and I don't think I am ever going to get my money back. It's been a year and a half and all this has done is drop from 0.1 to 0.0013 and that 0.10 back in May 2018 was my first buy thinking I had gotten a good deal, a 90% off from $1.00.
Oh my gosh -25% :(. I thought it was capped at 375 million A/S
For God's sake SEC everyone here is in a loss to horrifying loss or loss everything. For this has fallen down from $6 a share to 2 freaking cents.
No BuyIn. Come on Digaf move up, I am tired of this, this sell off from $1.00 has been 2 years.
Sigh crypto irrational falls and Intv falls back down again. Come on crypto move up. Oh my gosh, I thought the reason why the cryptocurrency sector didn't rise these past few days was because of the daily rsi levels but then bitcoin falls right before the 2 week period and everything else falls. It's not rational to sell if it was trending toward the upside with coins like BCH ABC making beautiful upward triangluar pattern. It's been almost 2 years since the coins were trading at all time highs. Now the majority of altcoins and crypto related stock are down 90 to 99.9%. Ripple for example the 3rd top coin 3.2 high now at 0.27 from the low of 0.25, and they have made a lot of progress over the it's like who is still selling?
WILL the SEC LAY OFF CRYPTO'S BACK AND STOP SUPRESSING THIS MARKET WITH THIS US REGULATION.
https://arstechnica.com/cars/2019/11/uber-lost-1-1-billion-last-quarter-says-rides-are-profitable-sort-of/
I am scratching my head that they lost money, it may be some temporary bills to get Uber Eats going cause I feel that they should make profit. I have been doing food delivery for Ubereats for the past 2 and half months. I think this food delivery is a brilliant and creative idea. I live near the Washington DC area and I do about one delivery every 30 or 45 minutes. For every delivery Ubereats does not get any of the customer tip but when I look at my earnings on the app and when click the fare details, they get to take about 30% of the money for every delivery.
Profits? I wish, I am still down like -70%.
The 10 q I am seeing maybe not be so bad on 8 - 24 2019 on page 2 for the 3 months ending in June 30th cost of revenue $18k (I guess that is the cost of electricity) to make $70k worth of Bitcoin/Crypto assets, then that is very good positive ratio. 70 / 18 = 3.9 times the money they are paying for electricity.
Yes I have heard and observed that winter is more often than not bullish for risky investments
Exactly
No question about it we set the btc monthly higher low and shift now for cryptocurrency to start a new uptrend. RSI was also oversold on the 30 before and we were sitting on the line that you can draw back in dec and February and that line was tangent two days ago and people overreacted selling after bakkt and sec delay and facebook libra news for there was nothing that has changed than what was mentioned in the past with sec bitcoin etf delays and fb libra vs us government.
Well that's a 180 for China
This just definitely does not move with crypto -5% now when crypto jumps like 15% today
Oh digaf set authorized shares at 375 million on Oct 4. Thanks for sharing kitty that's good.
Yeah that's exactly what happened to me too.
I am down about 80%. I think the market overreacted and ST George's note doesn't have to be finished anytime soon, they got another year.
So this ST George warrant or promissory note is milking the living cr$p out of INTV's share price? ST George is really taking advantage of the low volume and they are only halfway done. -25% with only a 1.5 million volume I mean this is like highway robbery because hardly anyone us dollar volume is buying from investors. Could INTV instead of using the money made from mining crypto to buy more mining rigs, use the money made to pay for ST George promissory note? Or could INTV use the money made from the mining rigs to buy back shares to counterbalance the enormous drops in share price?
Already know that I used to look at some of tim Sykes videos back in 2014, and i do agree with on some things, but I don't feel that a lot of these crypto stocks especially INTV should be trading down this low. 40 million OS x 0.02 SP = 800,000 marketcap. Aug 13 intv tweets 638 rigs and made $1825 last night. I'll say now maybe the rigs make $2000 a day. 2000 × 365 = $730,000 a year. At this share price INTV can make it's market cap in one year.