Replies to post #33228 on MGT Capital Investments Inc. (MGTI)

[MC2 Atlantis]

Who owns the rights to the supposed Bitcoins MGTI supposedly mines?

[hobowilly]

You can not be serious with these calculations. Or can you.
Well, that would explain a lot.

Two quarters ago MGTI mined 184 bitcoin. Do some quick easy numbers and you have approximately 736 bitcoins a year. 736 coins at $7,000 = $5,152,000 a year.

So let's see. Take a number from 2 quarters ago, why not 1 quarter ago? Why not last quarter, Q1 2019? That number would be 0 ZERO.

Multiply by 4 (I guess you mean 4 quarters.) Are you referring to the 4 quarters of 2019 which would include 0 ZERO coins mined in Q1 of your 4 quarters.

And Bitcoin at $7,000?? Why not $10,000, $20,000, $50,000, $1,000,000?

The value of Bitcoin could be whatever you want it to be, if you mine 0 ZERO coins the answer will always (IMHO) be 0 ZERO.

184 coins mined reported 2 quarters ago. How many coins have they mined over the last 3 years total?

Keep your heads in the sand and ignore facts and you will indeed become a millionaire. Only in your fantastical imaginary dreams.

At least you have a fellow tinfoil hat friend to keep you enable each other.

I don't think I've ever seen two investors more clueless.