RE:RE:RE:RE:RE:RE:Question for bagholders who still believe in this scam......You can insult me all you want, but that doesn't change the fact that you are a bagholder who bought in at the worng time. On the other hand, I bought and sold when I was able to realize huge profit while protecting my capital.
Anyway,
1) THe MArch Sweden expansion was announced in April. I think that's late. Let see when they announce April expansion.
2) I was talking about Frank's personal investment in HIVE. Not through funds. That is not his money, thet's investors money that bought into his fund. Get it? I am talking direct ownership. He only owns 570K shares. I think that's too low if he really believes in the company.
3) As for profit. You clearly don't understand that those hoarded coins were included in the Q3 under revenue. So revenue of $3.2M includes all of the coins that they mined in Q3. Hoarded and sold (even though I don't think they sold any coins). The $3.2M valuation was arrived using $ETH price od $800. and the net income was $150K. Clearly, at today's prices valuation could be close to $2m revenue, which means HIVE would've lost $1M.
and you will see that in Q4 adn year end results. Thos hoarded coins will be reevaluated to current prices.
So moron, do you get that. hoarded and sold coins are included in revenue. Now, before you come here insluting people who actually made money trading HIVE, read the financials first and try to understand them. Maybe you will learn how to invest.
MxwllSmrt wrote:
You're so F0S and incorrect its comical... 1. If I were a larger investor I also would leverage my abilities and use a fund I controlled to buy and sell... 2. HIVE is not behind on Sweden; an announcement came out on April 3rd (read here: https://www.hiveblockchain.com/news/).. so wtf are you talking about because you get the P0S (thats not proof of stake) award of the week... 3. Wheres your math?? Hashrate, Power costs? # of Rigs? Moreover, you clearly have no clue as to HIVEs profitability because as a miner they are treating all of the mined ETH, BTC, ETH Classic and DASH not used for expenses as a hoard. 4. Well, for amplification, you're clueless. In fact, most of the shorts are in for a big surprise because they clearly don't understand mining and how rewards work. As such, when earnings are released they'll be a nice surprise as to how many coins were actually mined and how many extra were actually rewards. 5. As for the stocks pricing, the amount of shares is always what's been problematic -first of all it was why it was so easy to short (not simply because of the baseless claims against Frank, etc) but why should it be at a lower multiple than other tech plays? Wha and where are your comparatives to back your claim? I ask because youve never posted an iota of supportive data to support your commentary - which is why you get treated like a child... Lastly, lets be clear...none of the shorts have ever been able to discuss the math related to the efforts involved with mining and most of change their stories more often than a politician under oath (pathetic). Look Asterix, whatever your deal is . its got to suck to be you. why dont you just get real..