Replies to post #32434 on MGT Capital Investments Inc. (MGTI)

[hobowilly]

OK let's agree that a small percentage of a large number trumps a large percentage of a small number? Apples and oranges.

I don't see where that in any way validates your claim that MGTI will pass Bitcoin in value.

I don't recall any ticker passing Bitcoin's $19,000.00+ value during the last run, least of all MGTI. NOTE: I was there.

I know a POS when I see one. Here's what I have observed.

When the indicator that a ticker is tracking takes a spike, legitimate tracking tickers will follow suit to varying degrees, but will make significant gains. The POS tracking ticker will either show a minimal gain or, at times, a loss on the day. A disproportionate reaction to the rest of the sector.

When the indicator that a ticker is tracking takes a dive, legitimate tracking tickers will follow, again proportionately. The POS tracking ticker will fall by wider margin than both the indicator and the other tracking tickers in the sector. Again, a disproportionate reaction to the rest of the sector.

Bitcoin is currently down 3% on the 24hr chart and 4% on the 12hr chart.

Let's wait and see how this plays out today? I am not predicting, i will let the market decide, in my view, if indeed this is a POS or not.

Again, my opinions, my logic, my believes. No predictions.

I will not be surprised to see MGTI fall below $0.075