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Thursday, October 26, 2017 3:03:15 PM
Dear Reader,
Bitcoin is up 46,053% since we first profiled it at $13 in 2012!
Ethereum has risen 2,207% in just the past 11 months… And our newest stock suggestion, HIVE Blockchain Technologies, is up 406% since we first recommended it to you on September 18th.
There has been a lot of confusion amongst investors as to how best to proceed in this space, especially in understanding that Bitcoin is just one application of blockchain technology.
Blockchain technology is used to verify and record transactions. It self-validates, unlike the entire banking system today, or almost any transaction between two people. With the blockchain, you don’t need a 3rd-party verification company.
What makes the system so powerful and unhackable are the hundreds of thousands of computers working to solve complex mathematical problems that are used to verify transactions, giving the blockchain pure integrity.
HIVE is one of those miners who are able to mine different cryptocurrencies in order to position the company for maximum margins with their production.
The last time I spoke to Harry Pokrandt, HIVE’s CEO, he told us that since the company is very well capitalized right now, they plan to hoard nearly all of the cryptocurrencies they mine.
This hoarding strategy allows them to potentially sell these new tokens they produce down the road at much higher prices.
I think this is a very smart and prudent move. The world is moving towards the blockchain, and these quality coins HIVE is mining are all finite. As a shareholder, I am very pleased to see this strategy unfold for HIVE.
Our Recommendation: Consider accumulating shares of HIVE Blockchain Technologies (TSXV: HIVE & US: PRELF).
Best Regards,
Daniel Ameduri
President, FutureMoneyTrends.com
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