RE:Has HIVE already reached its top? "With a jaw dropping 350 million shares outstanding. It's likely HIVE has already topped out near $3. Eth will have to be over 1000 usd to break that $3 - $3.50 top it has found"
BS.....BS.....AND MORE BS. Just keeping the ever increasing bashers & pi$$ed of folks like SmokedBac0n who missed the boat from posting garbage. Keeping it real for folks who crave informative & keeping the bashers in check. Some quick & easy numbers below for investors & s/h alike to ponder on......before anyone makes ANY hasty decision.
If folks followed my PAST posts here. You will know that Hive more or less breaks even at Bitcpoin ~10k & ether ~$400. At CURRENT Bitcoin & Ether pricing, Hive will be pulling in about anywhere from $75M to $100M........depending or FX & reevlauations..... in PROFITS AFTER ALL EXPENSES. At those numbers, your looking at about a MINIMUM of 0.20 a shares with a reasonable PE of about 15-20 (remember i said reasonable it could be even higher!) for this industry which would translate into a shares price of about $3-$4 buck NOW. What do think will happen when Bitcoin goes to 50K and Ether follows it up........?
Good luck & god speed