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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

Technology Software - Application
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 > I have little faith in Bitcoin
View:
Post by Tradinghands on Nov 14, 2024 6:03pm

I have little faith in Bitcoin

Sooner or later the inflow of cash will dry up and the hype will die. Bitcoin is a ponzi scheme to me and the whales will start unloading. How do you invest in something that has mood swings of thousands of dollars. The US economy could be in trouble if inflation starts creeping higher and once the FED says that its ending rate cuts this party is over. The markets have rallied hard off Trump but nothing has changed just a ballooning overvalued market. I have zero faith in Trump I feel that he will butcher this economy with his big head. I'm Dutch and we always had a saying that fits Trump perfect. "Wooden head, Wooden shoes, Wooden listen" BITF is overvalued too after their earning release.
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