RE:RE:BITCOIN has hit a resistance level here now as seen ...Joe455 wrote: AhSocks77 wrote: ... on her chart . In the last few weeks Bitcoin has gone up from the $41000 range up to the $54,000 range ... and is now starting to roll over and drop a little . Keep your powder dry and ready to buy as the "least resistance" right now is to head back down a little as everyone can see on the chart .... which of course affects all the Bitcoin stocks as per usual.
But nonetheless .... sooner or later Bitcoin will break up into new "all time highs " .... and that is when the companies share prices will rock !!!
Whether it is this year or next year etc. ... no-one knows ... but it will happen eventually .
GLTA.
HIVE is very underpriced when bitcoin is trading at $54000
I don't think so..... I would rather say that other Bitcoin mining companies are too much over priced.
Just think with some common sense, what these companies actually offer? Really nothing than just some claims that they mined few bitcoins and Eutherium! So, going forward, their abilities will come down... Whoever concentrate on the blockchain technology to offer other businesses than Bitcoin mining will be succeeding IMAO.