Bac0n wrote: this is why you are poor, you are simple minded.
HIVE is a bad company, has nothing to do with the underlying assets HIVE is based on, Bitcoin will do well long term, I am 100% long on Bitcoin in multiple ways.
Eth I have mixed feelings about, but if I had to place a bet, id likely bet eth does well long term also.
these facts aside. HIVE is not a well run company. for all the reasons ive pointed out before.
I am shorting HIVE. not Bitcoin and not Eth.
Michael Burry (dude from big short) is shorting Tesla, does that mean he thinks cars, or even electric cars will fail? .. no it means he thinks Tesla is overpriced and due for a correction.
hope this helps you to understand how investing works.
*puffs cigar*
-Bac0n
sthinei wrote: You are a silly man/boy. U are net long the sector with position in bitfarms and hut and no position in hive but hoping for options on this so you csn short it? Best chance for hive to go down is for there to be a collapse in btc and eth and that hurts your other positions. So you are just blowing hot air. Dont sip too much of that scotch. It will cloud your judgement