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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 > Market Cap For Dummies
View:
Post by Bac0n on Mar 19, 2021 9:34pm

Market Cap For Dummies

So if group A is made up of 100 people and has 300 dollars of money to split evenly. Each person gets 3 dollars. 

if group B is made up of 20 people and has 200 dollars. Each person gets 10 dollars. 

so which group would you rather be a part of ? 

sure group A has more money. But has to be split between more people. So each person ends up with less. 

group B has less money but it is split up between fewer people. So each person ends up with more.. 

lol I'm one step away from having to act this out with sock puppets, this is pathetic. 

and comparing HiVe with apple and Alibaba legit made me laugh out loud. God bless your retarded @ss

*puffs cigar*

-Bac0n

Comment by scotianbot on Mar 19, 2021 10:01pm
This post has been removed in accordance with Community Policy
Comment by Bac0n on Mar 19, 2021 10:16pm
ok so the child shooter convict didn't understand still. So I'll try again because I believe in educating the stupid.  So let's take this and apply it to HIVE and any other crypto miner.. let's pick BITF since it's the favourite  HiVE has 350,000,000 shares outstanding  BITF has 86,000,000 shares outstanding  HIVE has a share price of 4.69 BITF ...more  
Comment by JackCross on Mar 19, 2021 10:40pm
All I heard was an obnoxious fog horn before a single line of clarity and tells me all I'd need to know. Also, dude didn't even quote the person he was trying to refrute and opted to quote himself. Next level lame.
Comment by scotianbot on Mar 19, 2021 10:53pm
This post has been removed in accordance with Community Policy
Comment by DotComRich on Mar 20, 2021 1:22am
Wow so he is actually more clueless than I thought. If HIVE only had 86mil shares then sure it would technically be at around $18 to get the same marketcap now. However, at 86mil shares it would have never come close to lows it hit therefore the potential returns would still end up the same, or arguably lower since the swings would be less violent. What part of this are you not understanding ...more