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

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Bitfarms Ltd > BITF has resistance

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Post by Tradinghands on Oct 15, 2024 12:33pm

BITF has resistance

How often have we seen Bitcoin head higher only to be sold off back towards $50,000? Plus the amount of shares outstanding does at to resistance. For BITF to really rally it'll have to be on positive corp news and a higher Bitcoin

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Comment by kidderpeabody on Oct 15, 2024 8:49pm

Bitcoin is suppose to have a limit of 21 million. This isn't a a mathematical calculation and can be changed. There are many red flags about Bitcoin including the fact that no one has come forward to claim they created it. I am willing to bet this Bitcoin goes to $1000 before it goes to 100 thousand as many are predicting. It would be different if Bitcoin had a use but it does not. It was once ...more

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Comment by HaulJockey on Oct 16, 2024 9:48am

Try this. Bitcoin was created to build the infrastucture for A.I. The coin was and is, the reward for building the A.I. network. Every continent, every state, province, territory in every language, connected to everything. If you haven't heard that miners are being built to run A.I., you've been living in a cave. If and when "coins" are depleted, or almost unobtainable due to ...more

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Comment by Bludstan on Oct 16, 2024 5:34pm

wow so many falsehoods and half truths in one statement... Bitcoin is suppose to have a limit of 21 million. This isn't a a mathematical calculation and can be changed. Unlike traditional currencies with unlimited supply, Bitcoin’s maximum supply is permanently capped at 21 million coins. This fundamental characteristic, ingrained in its DNA since its creation by Satoshi ...more

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Comment by kidderpeabody on Oct 17, 2024 4:14pm

Bitcoin acting as money was once posible now every transaction can seen by the world. It has no use and works on the greater fool theory. And your giving a name to the creator of Bitcoin, the creator has never come forward. John McAfee: Why Bitcoin Is Going To $0 https://www.youtube.com/watch?v=FnKrMKo_WlU

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Comment by Bludstan on Oct 17, 2024 9:59pm

Not giving a 'name' to the creator of bitcoin. Satoshi Nakamoto is a pseudonym. No one knows (well unless you believe the Netflix documentary, which, well, that's anyone's prerogrative but personally, we might never know for sure, like Kennedy's magic bullet never know for sure) https://www.kraken.com/learn/who-is-satoshi-nakamoto Bitcoin is acting like money NOW. I was ...more

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