Bad news, everyone... At the beginning of the week a prediction was made:
"Hive could lose 50% of value next week"
I regret to inform you that Bathsalt's prediction is completely false. Keep that in mind when it's flooding the board with nonsense.
This week HIVE moved with bank news, fed news, BTC price, market weakness and sector volatility. Production update day didn't result in a plunge (and roughly a net production increase of about 3% vs the increase in mining difficulty), and BTC continues to stay well above profit range for the company. Wild week, down 0.03 from the opening, still double YTD.
Don't believe for a moment that HIVE exists in a bubble and isn't moved by broader trends in the market.
Not pumping, do your own research, just don't buy the BS of a basher who likes to flood the board with baseless analysis.
Link to source of BS prediction: https://stockhouse.com/companies/bullboard/v.hive/hive-blockchain-technologies-ltd?postid=35421320