RE:Bitfarms went from 10$ to .50 cent people in 8 months keithvictoria41 wrote: Don't get to excited it will happen again look at the charts idiots . We're going into a recession only fools are buying cyrpto nobody takes it anywhere does your grocery store take it lol ?? I see a drop coming nothing goes up 100% this quick without falling back
That is... the first time you've ever said anything I actually agree with. I do plan do sell some of my position as soon as I see the dip.. but buy again as soon as the adjustment's over. I do also believe it is coming, that is almost a certainty. Will the adjustement bring us back down to .58, or just dip a bit to a lower but still markedly up range, that is another question. My general informed opinion is that Bitcoin/Bitfarms are generally going to go back up (with periodic adjustements down like the one that is coming shortly, but generally up) as quickly as (or as slowly as) the inflation rate goes down and the world government fiscal policies ease their respective interest rates. Another thing to watch for and time is when they have cleared enough debt that they start accumulating bitcoin again instead of selling it. The market will respond very positively to that I think.
My humble opinion, but let's have a conversation instead of bashing/pumping this stock, so much more constructive...
B.