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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

HIVE Digital Technologies Ltd > HIVE... a few observations...
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Post by MxwllSmrt on Dec 30, 2020 3:11am

HIVE... a few observations...

I'm not sure how many of you follow the weekly insights posted on glassnode but I strongly suggest you do if you're long or thinking about buying HIVE... below are a few pleasant takeaways by one of their analysts and its filled with data that supports the notion that they actually know what they're talking about....

1. The Net Unrealized Profit/Loss is still low... if BTC follows the trend from 2017, then the top this year could be around $65,500... Willy Woo sees it much higher...

2. The ETH increase on the exchanges is not a bad thing... Bitfinex launched a loan for BTC/ETH program... Investors are taking long positions...

3. There is a supply side crisis with BTC... demand is by far outweighing supply... and for amplification, DEMAND IS BY FAR OUTWEIGHING SUPPLY... and supply is going to be restricted...

Now, the last part of the aforementioned #3 is interesting because one could infer that there's now a HODL strategy in place by not just one of the miners, but by most all of the miners... and that would also support the reasoning as to why there was the sale of US Grow's shares last week.... and if you think about it that in and of itself is pretty clever...

Lastly, if you're new or long, try not to get scared off by the shorts or the posters who get paid by the post... the company is on solid footing and although not as heavily into BTC mining as some of the other stocks usually mentioned here, it is profitable, positioned correctly for ETH breakout and running exceedingly well... and lastly, there is no debt...

The internet as we know it (world wide web) is evolving... and the one particular type of crypto, which although traded as a financial product today, is going to be at the center of what the internet evolves into - that particular crypto is known as Ethereum and it is akin to a digital carbon.

IMO, most do not yet understand how to even create the financial models for forward guidance to its value proposition... 

HIVE/HOLD/HODL
Comment by farmboy123 on Dec 30, 2020 10:30am
Thanks for your thoughtful posts Mxwll
Comment by MxwllSmrt on Dec 30, 2020 11:13am
I think you'll really appreciate this article... it seems that the writer has caught onto what I see as well. https://cointelegraph.com/news/bitcoin-liquidity-crisis-btc-is-becoming-harder-to-buy-on-exchanges-data-shows Enjoy!! HIVE/HODL/HOLD
Comment by Oilersgoforcup on Dec 30, 2020 11:18am
Good Post...with that happening my thinking is Ethereum will sky rocket...buckle up....enjoy the ride....good luck to all !! Oh buy the way HIVE has lots of Ethereum...lol
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