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Bullboard - Stock Discussion Forum Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

Bitfarms Ltd. is a Canada-based global vertically integrated bitcoin mining company. The Company develops, owns, and operates vertically integrated mining farms with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers operational performance and uptime. The... see more

TSX:BITF - Post Discussion

Bitfarms Ltd > You are in good company
View:
Post by MozzarellaMacky on Jan 08, 2021 2:26pm

You are in good company

I made a killing on HIVE, but even I recognized BITF is the most undervalued miner on the entire publicly traded market. Enjoy the ride folks, don't sell before 7$
Comment by ShadowFalcon on Jan 08, 2021 2:31pm
Also made $$ on HIVE but sold a bunch to buy BITF a couple weeks back. Still sitting on some HIVE but its not making me as much as BITF anymore. HIVE still undervalued or is BITF the way to go??
Comment by MozzarellaMacky on Jan 08, 2021 2:40pm
Great trade, HIVE probably about 60-100% undervalued, BITF though is easily 200%+ undervalued, maybe more, I could see it legging the f@ck up around earnings.   Big draw for HIVE is if you think ETH is undervalued. Bitcoin is trading 100% over 2017 ATH, ETH is about 15% from ATH. If ETH were to rocket over the weekend to 2k or something you could see a feeding frenzy for HIVE as its the ...more  
Comment by scarri101 on Jan 08, 2021 2:46pm
Only problem with HIVE is the S/O of 350 million + . Agree BITF is awesome with only 100 Million S/O , thus the break out today... And to continue as long as BTC goes up !!
Comment by MozzarellaMacky on Jan 08, 2021 2:48pm
I agree a glut of float can hurt day to day moves. In the long though it ALWAYS comes out in the wash, earnings corrects all ineffeciencies. If HIVE posts a huge quarter, they WILL trade 20x forward EPS, no one can stop that, banks love strong earnings. Retail plebians like us feel the crushing weight of 1 stock surging while anothe struggles to stay afloat, but try and hold stocks through ...more