Post by
Kensin1954 on Apr 09, 2021 11:49am
ETH and BTC...
...If they follow last weeks action after the close we could see ETH at $2300.00 USD and BTC just over $60,000.00 Could put pressure on the stock price of all the Miners Monday A.M.
JMHO
R.I.P. Prince Phillip.
Comment by
CriticalMind55 on Apr 10, 2021 12:19pm
Do you mean boost the stock prices? "put pressure" means lower them.
Comment by
Kensin1954 on Apr 10, 2021 1:06pm
The Coins are a fixed quantity. Unlike FIAT currency where you can keep printing, Minerals like Gold and Silver you keep mining. BTC comes under pressure when TESLA decides to buy a $ billion dollars worth as it has to come from someone who owns it already. JMHO
Comment by
CriticalMind55 on Apr 10, 2021 1:23pm
BTC is not there yet, hence the BTC mining companies, it will stop once the quantity reaches 21 million.
Comment by
Kensin1954 on Apr 10, 2021 2:33pm
Absolutley. My Son is a CFA and bought a gazzillion shares of this under $.30c CDN and he is waiting for $3.00 Minimum. So far he called HIVE at $.50c and HUT at $2.00 so I'm leaning on trusting him even if he is family. JMHO
Comment by
CriticalMind55 on Apr 10, 2021 2:40pm
My hats off to you Kensin1954, you have raised a wise son, I wish I had bought as many shares at that price as he has done...