HIVE Blockchain Technologies Ltd (HIVE)

[Imperial Whazoo]

Hey, if anyone was watching last night, Bitcoin defined volatility. It "crashed" and then up it went again for this AM. A $1200 point spread. Whoa jack.. Mikey likey!!

Also notice that the ALTs, like Etherium, did not suffer the same down side fate at the same time as did Bitcoin. The concensus in the crypto press has explained many times since last week that the expectation had been, prior to the suspension of Segwit2 hard fork, that people would have supported the hard fork, if for no other reason than that they would have gotten a free coin. So, with the suspension of the hard fork, people moved back into the ALTs. That explains why the ALTs did not follow Bitcoin down over the weekend, but then, when players noticed the failure in Bitcoin, buying kcked back in in Bitcoin big time. $1200 swing. Volatility defined!!

And if anyone doesn't get the importance of pointing out this fact regarding HIVE & Etherium:
HIVE DOES NOT MINE BITCOIN. THE FACT IS THAT THE MACHINES HIVE IS PUTTING INTO PLAY IN SWEDEN ARE NOT ASIC MACHINES; THEY ARE GPU PROCESSOR BASED. HENCE.... BITCOIN MINING IS NOT EVEN POSSIBLE AT THE SWEDEN SERVER FARM HIVE WILL BE OPENING IN DECEMBER.

And note the time is short. Sweden: open in December.... Current date: November 13th. Tick Tock Tick Tock

Imperial Whazoo