RE:Bitcoin down 1% and bitfarms down 7 % Looking at daily movement may not be the best way to look at it.
Another Angle:
Jan 2, 2023 BTC = 17091.4$ Jan 5, 2024 BTC = 43474.59$... 254.36% increase
Jan 2, 2023 BTF = .74c. Jan 5, 2024 BTF = 3.57$ ... 482.43% increase
There are of course multiple other factors affecting share price. I'm just saying that looking at daily movements alone and complaining about it is having a very narrow lense on the pricing of the stock.
A stock being up 482% is no mean feat, assuming you bought at its lowest. I didn't. I'm sitting at about 330% right now, and that it's up or down .30c today is irrelevant unless I'm thinking of selling today. If you think it's going down and you're thinking of selling, best sell now. If you're thinking it's going up and you're thinking of selling, wait a bit. Not going to advise anyone either way. Complaining about it isn't constructive and adds nothing to the conversation.
B.
p.s. for the rest of the group, note that when this stock was trading down, KV was very active in the boards about how trashy this stock was. Complete silence when the stock was going up, since September actually he'd said absolutely nothing on the subject and now that it's dipping (adjusting really, this was a VERY good rally but maybe overbought), he's back to his usual antics of posting several times a day to just complain about how trashy it is. If that's not someone with an agenda, I don't know what is, so I wouldn't pay too much attention to him. MHO.