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Saturday, January 22, 2022 7:03:52 AM
I've stated many times that $HIVE 's fundamentals are good, it's the Lyin' POS scumbag Used Car Salesmen that sucks. Make all the comparisons you want, which would you rather own? $RIOT/$MARA or $HIVE?
Another proof that you don't read, well maybe you in fact read, but comprehension is another matter.
Investing in Bitcoin Miners is a con game, a Ponzi scam. $HIVE and all the other miners actually, mine the coins and then sit on them so tell me what are you actually investing in. Where is the gross/net sales revenue? They simply accumulate wealth using investor money. They give nothing, absolutely nothing back to the investor. They don't mine low and sell the coins high. They mine and sit. What is $HIVE 's endgame. That's a question rayank, please try and provide an answer. What is $HIVE 's mission? Imagine if Apple changed their policy and instead of selling iPhones they just stock piled them in a warehouse. $HIVE investors would probably buy as many shares as they could. Same principle.
$HIVE 's pps relies on two things. The price of Bitcoin and new investors and the latter really depends on the former as well. King Bitcoin rules. This could not be more evident than when Frankie puffs his chest out rips his shirt off (what a pathetic slide to include in a "professional" earnings report) and shouts to the heavens how many coins $HIVE has mined. I'm guessing that you didn't even notice that the record profits of the 3rd Q followed shortly by even bigger profits in the 4th Q did absolutely nothing for the pps. Why don't you explain that while you're at it. I hope I am not going to make your brain explode from all this reading and comprehension.
The way to play this Ponzi scheme is to use the Miners and their investors the same way the Miners do. Buy the stock low, like right now, sell the stock high like back in November, buy Bitcoin and ETHEREUM with the profits then wait for the stock price to drop and buy bac in.
Soak, wash, rinse, repeat.
Is that too difficult to understand. I realize that the modern pop culture generation is unable to concentrate much less absorb anything longer than 248 characters so I suggest you read this post in short chunks and you'll probably get through reading it buy March 2022. Comprehending it is another matter.
But it is not because of dilution or Frankie.
It just "is".
I would ask you if you're kidding but I know for a fact you are not. You honestly believe that $110,000,000.00 worth of dilution does not affect the stock price? Now I know why you're invested here.
So just think of the tons of your messages we all have to sift through . . . .
Let me help you out here. You, nor anyone else, "has" to sift through anything. Listen up rayank, iHub has a feature available to ALL users, it's called "Ignore." I use it myself when I don't wish to see/read a user's posts. I can show you how to use it if you want.
Here's another little tidbit that I posted ealier this week that you undoubtedly didn't sift through. Hut 8 just made an acquisition for $30,000,000 and they used cash off the balance sheet, they didn't feel the need to dilute shareholders, thereby demonstrating to their shareholders that they have skin in the game and are united with their investors. Frankie The Fraud sold off 100,000 ETH coins. One more question for you, where did the proceeds go?
Hero Worship Inhibits Free Thinking -- Don't Drink The Kool-Aid
. . . . . . . . and of course Reverse Splits SUCK!!!!!
Recent HIVE News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/31/2024 08:20:20 PM
- Crypto: Mining Stocks Eclipse BTC in 2023, Ethereum PoS Revamped by Vitalik Buterin, and Latest Trends • IH Market News • 12/29/2023 02:44:55 AM
- HIVE Digital Announces Closing of $28.75 Million Bought Deal Private Placement Financing to “HODL” Our Bitcoin Production and Expand Green Mining Footprint • GlobeNewswire Inc. • 12/28/2023 02:25:45 PM
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