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Thursday, November 16, 2017 2:18:46 PM
After the news, I had to figure out whether I was in a loser. So I took the time to research & to give everyone what I found: a list of very solid reasons why there is nothing to the feeling that panic was in order.
In reality, all I was doing was figuring out for myself whether I was going to have to sell at a loss or whether I should buy more at lower prices. And I figured it would help if people saw the facts I'd dug out, so I posted in detail.
Others got into the spirit of it & we fed info to the community & I now firmly believe that this thing is a mega power buy.
I read all 49 SEDAR filings. I discovered the facts. There are 2 Iceland facilities. Not just 1. There are 2 Sweden facilities. They will all 4 be online with absolutely massive computing power almost immediately. 3 out of 4 will be online before News Years day.
Somebody pointed out that HIVE is openly admitting that they would rather spend lots to bring in GPU boards by the 747 load full than waste any precious time. That was a beautifully telling bit of info.
I dug out nearly 100 companies and technology players who are sinking huge money into crypto companies of all shapes, sizes, & flavors. I've only just begun to figure out who is a player and where they got the techological savvy to decide this crypto thing was the next major disruptor.
And the coup de grace is the hammer candle two days ago. So, when I say we are up, I mean that the market has rejected the panic & is in full sprint to the upside. And I read the charts based on the DD I'd done & I personally made a timely buy, so from my point of view, we are up.
Today, accumulation is going on in earnest.
And finally, I have to laugh at myself. I knew I'd not been precise in my post & I intended to edit it. I had 15 minutes to do so, but my wife came in & a phone call & the next thing I knew, I had lost my edit chance.
So, this is my clarification.
Imperial Whazoo
"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."
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