HIVE Digital Technologies Ltd V.HIVE

I told you so.

[Bac0n]

I don't want to say I told you so.. but... I told you so.
look at all my post history, and you will see I pointed out the share float of HIVE was its greatest vulnerability. MANY times. 

heres just one example from last year, where of course Greendaze, in all her infinite wisdom.. disagreed.



its not complicated folks. if you didn't understand this reverse split was going to happen. you have no business investing. 
for the 100th time. HIRE SOMEONE TO INVEST FOR YOU.

heres the good news.
HIVE is FINALLY! doing something about their obscene float size.
HIVE might actually be a viable investment after this reverse split.

the share price will of course shoot up 5x after the split immediately. (if you dont understand this you also shouldnt be investing yourself)

But as always happens after a reverse split. it will then crash down to a more reasonable valuation.

After that crash down happens a few months out. I might actually consider buying some HIVE.
so thats the good news for those of us that arent current share holders.

for those of you that are current share holders...

well.. I tried to warn you. Have fun losing a fifth of your shares.

*puffs cigar*

-Bac0n

[Bac0n]

annnd, heres another example from almost a year ago. but please all the HIVE pumpers (mainly greendaze) tell me how im wrong again.  lol so sad how uninformed people are. and somehow these are the people that always seem to be the loudest. *sips scotch* -Bac0n

[AlphaJ]

some else said that. After a split, it will drift to its price yesterday. Is that how it is? Lol even if that happened. I still wouldn't buy hive as all of its operations are struggling ETH mining down, ALT mining down, defi down. Only thing holding in any respect....Bitcoin.

[Bac0n]

if you are a current shareholder of HIVE. you have 2 options only: 1. sell now and take a bath, since you are selling at the bottom (but seeing as how almost all of you claim to have bought at 7 cents. you would be wise to be selling here) 2. continue to hold and lose 80% of your current shares. thats it. those are your options. after the reverse split happens, the stock price will go to

[bufordpusser]

my opinion is that if Coinbase goes bankrupt, everything else goes with it except maybe Bitcoin which will always have some value due to it's ownership.

[AlphaJ]

Bitcoin behaves like an aggressive forecast. There is actually alot of buying volume coming in from $31k and down. The billionaires are buying in this zone bro. Don't kid yourself. Butcoin is a profitable business. Once they start raisingthe ask and you get these spike to the upside and the behaviour of price changes. All.of a sudden the moon boys will come in and mmcrypto will long 10 million

[AlphaJ]

[AlphaJ]

there was also a ton of buying at 37k. So imagine the billionaires who control the algorithms place there buy on the way down. You think they'll actually take a loss on their buys? Of course not, they will reverse price and realize a profit on those longs up at 36-37k. The when question is another problem they can realize a profit next week, next month, next year. But they will realize a

[AlphaJ]

go look at the volume on the 9th, 11th and this morning. Massive buying volume. Those down candles have big buyers behind them.

[AlphaJ]

opps and then the 5th at 36k. And those bug huge candle with massive volume. Yea, thats retail traders selling off to billionaires. Same thing happen to the upside, its just a game. That how I figure out my sell zone on the way up. Pay close attention and you'll see what they're doing.

[AlphaJ]

If you really want to understand the game just realize that retail always buys on the way up and sells on the way down but billionaires do the opposite. They buy as price is dropping and sell as its rising its just a business. A game. No diffrent then USDJPY or any other pair . It goes up, it goes down. And the only winners are those that exploit the market. The buy and hold strategy is a sad

[AlphaJ]

I guess the follow up point is. If your Micheal.Salylor and you can buy billions in BTC and use it as collateral and take loans against it and whatever. The sure, hold forever. But when its you and me, you want to make millions as young as possible. So its not about what the price of BTC should be or whatever greedy narrative you've sold yourself. Its about exploiting market behaviour. I mean

[bufordpusser]

Micheal saylor is finished taking out loans with bitcoin as collateral. They may force him to cash out when the bitcoin used as collateral can't cover the loans. Then the market will be awash in Bitcoin and the price will nosedive. If I had one of his loans I would demand payment now because this could drop to under $10,000 very fast.

[AlphaJ]

Thats because like most people. They think his bitcoin is not working. People assume he hold it all.in a wallet and it never moves. But its.much more likely that he deposited chunks for market liquid and the billionaires controlling the market trade with his bitcoin. So while his net worth is down which could make a great tax discount. He's probably earning a check every month off that coin.

[AlphaJ]

I know if I had billions of dollars of bitcoin. I would 100% lend it out for a flat 20% annual return. Hes not trading or selling. Hes lending and whoever borrows pays him. Thats what I would do, especially if I was a billionaire who knew everyone and can get in touch with any person I want. I'd be like invest my BTC and make me a side check. For 50 Billion BTC I want a fast 500USDT a year

[AlphaJ]

500 million usdt a year *

[AlphaJ]

the exchanges sold all that BTC at 65k so they can pay their lenders like Mike before year end and Xmas. But now that there is more demand. Well, they need more BTC to sell. So they drop price aggressively so they can load up on BTC at 35k, 30k, 25k and sell it to you and me at 60k, 80k, 100k. So they can pay their lenders again. So when it hits $250k and then drops back to $35k and your kicking

[bufordpusser]

I expect to see Micheal Saylor homeless and living in a cardboard box before christmas. That unshaven, stinky man on the bycycle getting a burger at the drive through window,  thats Micheal spending some of the cash that landed in his tin can.

[bufordpusser]

The bitcoin miners or coinbase are no longer relevant. The billionarres pulling the strings don't need the miners or more Bitcoin. Less Bitcoin from miners makes the bitcoin the billionarres own more valueable.

[AlphaJ]

Miners provide network security. but also, changing the amount of miners doesn't effect Bitcoins inflation rate. You really don't understand Bitcoin bro. Its obvious.

[AlphaJ]

actually, if BTC feels far enough. Many companies could close their doors. And the big miners would become more profitable because the inflation rate stay relatively flat meaning more BTC for each miner making them more attractive.

[Bac0n]

its amazing how many wrong assumptions you just made with 3 sentences. And I am suddenly reminded why I stopped reading / posting here. *sips scotch* -Bac0n