Post by
mrmomo on Dec 08, 2023 9:15am
Goodbye Hive......Hello Hut!
As long standing, supporter of Hive throughout the years.........and an off/on, hot/cold realtionship with Hut during the same period, i've decided to bring my commentary for the Crypto scene from the Hive forum to this board. Some might rejoice, some might not! So WHY do you ask, am i doing this, for what reason?
Well, the first thing you should do is read ALL my recent posts on the Hive forum, as it will give a good idea WHY i'm here. But it's not only for that, its for several other reasons too, one of them being time contrainsts on my end and can only dedicate some much time to this sector and the other main reason being that i'm NO longer a Hive s/h or supporter of the company (until they change their ways & do better!). And to put it simply, bluntly, i'm a Hut 8 s/h once again, for the upteenth time......and really beleive in the recently "transformed", revamped company, as it will be one of the better investments in this space when Bitcoin goes nuclear!
For these reasons and many more, is WHY i've reinvested in Hut and have them as number 2, right behind Cleanspark now, booting Hive from the number 2 spot. CleanSpark is still my goto guy, my number one, and i dont think anyone can beet them or catch up to them, but Hut 8 is a good solid No.2 and alternative.......for those that don't like or can't invest in CLSK. For those that are worried about Hive if they still have a position there, please let me assure you that i dont HATE Hive....i still think it's a decent company, a good investment in this space but they have a long ways to go to win me back. Hive will still do well but they need drastic change in transparency & their ability to hold value......meaning stacking coins.
That's it for now........will posr more commentary as needed. As a note of importance for gellow Hut 8 & crypto investors, and as i type this post, Bitcoin is definitely lost its steam, as i predicted it would and is going into a temporary consoildation period at this level. Imo, it will most likely settle down around $40K, give or take 1000 nefore making ANY further moves upward.
Interesting times indeed for Bitcoin enthusiaists.......especially going into 2024 and the upcoming Halving & tulmultuous Presidential elections.
GLTA