HIVE Digital Technologies Ltd V.HIVE

Hive Worth $5? It Could be Way More - Easily!

[Baseballfury]

This isn't a pump - do the math. 

If Ethereum goes to $2,500 next year (which is a legitimate prediction), that will result in an EPS of roughly 0.15 per quarter at current mining rates. However, they are also planning on expanding mining capabilities greatly. 

If they for instance, start mining 50,000 Ethereum per quarter at an average price of $1,500 (just being conservative with price here) they're looking at about $0.20 per quarter in EPS. 

$0.20*4 = $0.80 EPS for a year. If their P/E ratio goes to 20 (also reasonable), they're at $16/share. That's not considering a greater increase in mining coins, as well as not factoring in Bitcoin revenue. 

Of course, POS for Ethereum will kick in at some point in the next 2-3 years too, so beyond that, it's difficult to predict, but $20 a share in the next 1-2 years does not seem outlandish.

[Bac0n]

well if you believe it's going to $16 dollars you should still be buying heavy at 1.20. I trust you are? 

[Baseballfury]

For the most part - yep! Added 50% to my stack at $0.51 - total fluke on timing to be honest, but once in awhile, you just get lucky. But also bought into Skylight Health Group (CB2 at the time) - fluked out on them too when buying at $0.54 a few weeks ago, so some of money went there as well.   Also directly buying crypto on Binance, although I'm more focused on Vechain as opposed

[DotComRich]

I feel like 90% of the people in this board don't know a damn thing about crypto. It has exceeded all expectations every single time. It always goes higher and faster than anyone can predict, yet we are always here arguing before it happens how impossible it is.

[Baseballfury]

I hear ya - does anyone realize that a few years ago Ethereum was selling for $1.15 per coin? I think you're likely right about people not understanding crypto, but also get a clear sense that there are people that want to take other peoples' share for cheap. It's like a Stockhouse phenomenon - as a company's future grows bright it increases the amount of unsubstantiated bashing