RE:RE:RE:RE:RE:RE:What is the fate of hive now?Oh man, I love when these die hard hive guys be pumping up Frank and quoting him. Honestly guys, Frank is 1000x smarter then me no doubt.but even I can tell, he's not a crypto guy. He doesn't understand tech and he isn't all-in crypto. He loves gold and all that BS, even though gold is trash. Like rich people don't even wear it as jewelry anymore like they used to. Frank just doesn't get it, I respect his effort and I he did amazing with hive. But there's way better crypto CEOs and better crypto people in general. I take Franks word with a grain of salt bc he's basically just listening to the same experts i listen to. I dont consider him an expert by any means.
AlphaJ wrote: Its like last quarter, all these idiots are putting the quarterly reports and comparing them apples to apples. Its just very black and white thinking on this board. And you guys are completely facking up. Like, I've been saying bitf is a gold mine and you guys just keep rehashing your same old arguments. Just completely dumbfounded and why hive is flat and bitf is making new ATHs.. hmmmm?
AlphaJ wrote: Buddy, I've been talking to these guys about Hives growth strategy for 9 months! And still, it has not sunk into anyone's stubburn brains that the company with 80% revenue in a dieing mining industry is a major setback. No defi, staking or any other BS diversification is going to make up 80% in the next 12-18 months. That's impossible, for any business. Btw, anything under $5 CAD in Canada is a penny stock. When I told RetireAt459 that bitf was GROWING 4x hives rate, its like their brains can't comprehend growth, they just see profit, its very sad they're so stupid and have missed a big opportunity with bitf, the latest miner by infrastructure and fastest growing miner in NA ...its a no brainer
Bac0n wrote: the peasants dont understand the basics.
like that growth = profits.
HIVE has poor growth plans, and has the lowest hashrate, they are planning to add 2,000 miners. thats cute, BITF is planning on adding over 50,000.
HIVE has almost 400 million shares outstanding, BITF has 167 million.
HIVE "investors" don't understand basic economic principles, thats why they are staying poor.
"but but.. HIVE IS profitable" ... thats nice, HIVE is literally the ONLY miner without a negative EPS. but guess what.. the market doesnt care. The market wants to see growth plans, which HIVE doesnt have. and that is why it has been the lowest valued miner since january, and continues to be.
*puffs cigar*
-Bac0n
AlphaJ wrote: Who is jealous of the worst performing miner of 2021? Thats like sayingni have a 21' Mercedes and I'm jealous of the guy with the 95' Honda. You realize bitf is now just under hives market cap, I give it three months and bitf will be established as the largest Canadian miner by market cap.
greendaze wrote: We are doomed to remain profitable and being the same brilliant thing of beauty for the foreseeable future . Sadly we will always morons coming here to vent their frustrations , while us longs keep getting richer . We only have two class clowns here but the more profitable we become , the more jealous clowns will appear.