HIVE Digital Technologies Ltd V.HIVE

Okay wtf?

[Dickey01]

I bought for $4 back in November when BTC was under $40,000. I saw during the last big BTC rally HIVE almost hit $40. While I was not really expecting HIVE to go back to $40, I would even be happy with $20. I do notice most other miners aren't doing what they did before, so what gives this time around?

[robert41]

The place to be has been the etf's, I still have some hive but moved to etf's for a bit I'm sure they can't keep up this move....miners will have their day if they can stay in biz after the halving. Pick your horse Cleanspark likely the safest bet.... hopefully hive survives this should be gambling money only. 

[antisense]

As mentioned previously this is a stock not a ETF or bitcoin wallet.  HIVE holds very few bitcoin as most get sold to support operations.  The main difference now is the halving event occuring next month.  It will be extremely difficult for HIVE to mine bitcoin after this event.  Thus your main source of income has been reduced. Once all 21 million bitcoin have been mined

[robert41]

Exactly thx antisense much better post than mine. 

[Dickey01]

Yeah I get that but we almost hit $8 a couple months  ago when bitcoin was only $45,000 usd now bitcoin is 72,000 and we're sitting around $4 like wtf? If if they mine less bitcoin the values gone up so much it should balance out and don't the mine other cryptos? Like wtf?

[Kensin1953]

ETF's Since the last run up the USA has approved a number of Bitcoin related ETF's and people feel more comfotable having someone else make the investment decisions for them.  I also have about (6) stocks and am troubled there seems no-joy around them.  If ETH is going to double from here you may want to look at them as a place to put half or more of your cash.  This is

[robert41]

ETF's definitely drew a crowd been very good. Understanding the halving is key take the time to do some dd. Some miners will make it some won't understanding their plan is key. Gambling money only at this time.

[Kensin1953]

I have the same question. HUT, HIVE, SMLL are all down as BTC and ETH hit new highs and rallying.  I think???? The difference this time is a FAKE-OUT by the Bitcoin industry. When March 13th comes and goes ETH after the halving might crash?  However Gold is up. That tells me that FIAT $$ are scaring people and they are looking for places to bind their cash. Real Estate is up 50% in