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Bullboard - Stock Discussion Forum HIVE Digital Technologies Ltd V.HIVE

Alternate Symbol(s):  HIVE

HIVE Digital Technologies Ltd. is a Canada-based cryptocurrency mining company that focus on sustainable green energy. The Company is engaged in building a bridge between the digital currency and blockchain sector and traditional capital markets. It owns and operates predominantly green energy powered data center facilities in Canada, Sweden, and Iceland. It also owns hard assets such as data... see more

TSXV:HIVE - Post Discussion

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Post by Singidunum on Dec 24, 2020 1:07pm

Be careful

Be careful with this one. Frank loves to issue shares and dilute the shareholders. I recall 2 years ago a lot of retail investors were left to hold the bag for Frank and his buddies. So be careful here. Thigs can turn badly in a very short term. People should know that Hive went from $6 to 8 cents last time around. I am not saying other miners are better, they are probably the same. Just be careful. Use stops to protect your capital. 
Having said that, if BTC goes to 30K, this can double from here. Just remember this is not a long term investment. It's good for swing trading in both directions. 

All the best and Happy Holidays.
Comment by Bac0n on Dec 24, 2020 1:12pm
im glad to see other sane rationale people exist on this board. Even if they are the few.  well put singidunum -Bac0n  
Comment by AlphaJ on Dec 24, 2020 1:27pm
I hear your concern but doubt the warning. Crypto is a technology and is following several technology cycles to the tee. Two that are most notable... the hype cycle, the massive crash and bust cycle of 2017 is unlikely to be repeated. The hysteria phase is over, what wwitnessing iing now is what I believe to be the acceptance part. While there is another 10 years of innovation left to make crypto ...more  
Comment by AlphaJ on Dec 24, 2020 1:33pm
a couple more points. Hive has no reason to dilute shares today, their making money and 2. As for US regulations. It may be a minor setback but the reality is. Those exchanges will just leave the US and go offshore to crypto friendly places. Crypto is borderless and the US will loose that fight.
Comment by Singidunum on Dec 24, 2020 5:26pm
I guess you did not read the news from last night. By issuing convertible debentures they have diluted the shares. Debentures convert into NEW shares. In addition to that, they issued another 5M in stock warrants with a strike price of $3. So that's is dilutive as well. That's potetnial of additinal 20M shares at the strike price of $3. HIVE can be $3 next week if BTC hits $25k. So it is ...more  
Comment by gatekeeper1977 on Dec 24, 2020 5:44pm
This post has been removed in accordance with Community Policy
Comment by gatekeeper1977 on Dec 24, 2020 5:47pm
This post has been removed in accordance with Community Policy
Comment by gatekeeper1977 on Dec 24, 2020 5:51pm
This post has been removed in accordance with Community Policy
Comment by Baseballfury on Dec 24, 2020 5:51pm
Nice data. The return on capital from this could be massive, so the dilution part shouldn't worry anyone long term.
Comment by ThisIsNoGame on Dec 24, 2020 8:18pm
Thankyou Gatekeeper!  Happy holidays