Replies to post #33194 on MGT Capital Investments Inc. (MGTI)

[kupoiu]

All miners? C'mon look gbtc. It's following bitcoin curve.

[hobowilly]

C'mon will you please stop with this line.

"All" miners? You can't just throw out a blanket statement like that and expect Bitcoin followers to agree. Provide some data, some hard evidence of your claim.

Snapshot:GBTC
GRAYSCALE BITCOIN TRUST BTC
8.60 Up 0.37 (4.50 %) AS OF 4:00:00PM ET 05/10/2019

This is just one day, Friday May 10, 2019, and for the last two weeks the ticker is up 28%. 28% is not "nada"

If MGTI had kept pace at 28% it would have closed yesterday at $0.088

If Bitcoin is moving upwards, and it is, you want Wall St. and the investing public to know about it. You don't go under the "cone of silence" unless you are scamming investors and lining the pockets of insiders.

Why doesn't MGTI put out a PR assuring investors that their machines are actively mining? Where is IR? If they do not suggest a PR then they should be fired.

In my opinion with Q1 results due this month insiders are dumping as much as they can before the true status of the company has to be made public.

[hobowilly]

You do great DD my man, simply great. I can only imagine the dog kennel of a portfolio you hold.

And the reality is all the miners have done nada last 2 weeks

The latest bitcoin price rally is also fueling a surge in the price of cryptocurrency-related stocks across the globe. Their value is seeing notable gains in the last couple of days.

CRYPTO STOCKS BENEFIT FROM BITCOIN PRICE SURGE
Bitcoin has gone through a major price rally in the last couple of days, jumping more than 20 percent in less than 48 hours.

It appears, however, that the cryptocurrency’s price is also incremental for companies associated with the industry. Stocks linked to cryptocurrencies in both Asia and the US have marked notable gains during the same period, according to Bloomberg.

In Asia, leading the march was Japan-based Remixpoint Inc., which saw its stock surge 16 percent today, adding to the 26 percent weekly increase. Vidente Co. is another company which saw 20 percent gains since the weekend.