RE:RE:RE:ETH up by 8% and Hive goes up 0.5%. What a joke. sahilg09 wrote: You might be new to trading if you think market manipulation is how the game works. We wouldve been close to a $1 rn if it wasnt for people like you selling at cheap levels to make "profit" of a couple cents.
If you've been here for a year, your average share price should be in the early to mid teens unless you've been averaging up for more shares. There might be a few factors mixing together that have your frustrated; firstly though, if you're frustrated with a stock, why do you hold it? No one is compelling you to hold HIVE. If the company - and this goes for all companies - isn't trading the way you think it should be trading (or growing, or investing), take your ball (and profits if you've really been here for approximately a year) and walk away.
You're investing in a company whose profits are directly tied to the ETH they mine and sell, and reported quarterly. Not a company whose profits are immediately realized with a gain in the price of a commodity - functions the same way as silver, oil, and gold; only in a less stable (or mature) industry. An 8% swing in the cost of a commodity does not excatly translate to an 8% increase in profit down the line.
If you want that precious 8% swing, invest in the coin itself.