InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,304.80
(
0.47%
)
Dow Jones
39,164.06
(
0.09%
)
Brent Oil
85.54
(
0.15%
)
Bitcoin
61,955.97
(
0.56%
)
Post# of 5820
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

BitcoinHype

Send PM Follow Ignore
Followers 0
Posts 88
Boards Moderated 0
Alias Born 12/20/2017

BitcoinHype

Re: None

Sunday, 12/31/2017 1:08:58 PM

Sunday, December 31, 2017 1:08:58 PM

Post# of 5820
Even if Bitcoin went over $100,000 , Riot does not benefit too much. They own about $2 to 3 million dollars of mining computers. Anybody or any company can buy mining computers. The more competitive the market, the harder it is to earn any profits from mining. Riot does not hold much Bitcoin if any Bitcoin....

If Bitcoin traded at $100,000 and I bought $10 million worth of mining computers, is my equipment now worth $1 Billion plus? :) There is no real reason this stock should trade up just because Bitcoin is higher. Yet, it actually has been trading with the price of Bitcoin. This is due to uneducated investors piling into the stock at any price.
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent RIOT News
More RIOT News
InvestorsHub NewsWire

VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM

North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM

Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM

POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM

HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM

Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM

Start posting your company's news
Only $200 per official company press release!