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Re: hobowilly post# 4046

Wednesday, 05/12/2021 1:09:21 PM

Wednesday, May 12, 2021 1:09:21 PM

Post# of 6257
hobo...thanks for the reply. at this moment, ETH coins are the winner over HIVE...and that may indeed continue. my question, though, was why this crazy disconnect of late? as a miner and hodl-er of ETH, would seem HIVE's margins are seriously increasing with little to no additional cost. as with a goldminer enjoying increasing gold prices, this should be a clear formula for increasing market cap -- and pps.

i realize most crypto miners are correcting majorly but...did HIVE get THAT far ahead of itself back at $5.50-ish USD? yes...likely. but still, ETH is up near 3x since then...and most of HIVE's mining is ETH.

so...would seem there are things I and maybe most of us don't know or understand concerning HIVE's decline...and THAT's what I'd like to understand better.

I'll try reaching out to HIVE IR or Frank H but in the meanwhile...

...anyone have cogent thoughts re this?
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