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/biz/ - Business & Finance

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File: 57 KB, 850x480, hive-genesis-mining.png [View same] [iqdb] [saucenao] [google]
4362039 No.4362039 [Reply] [Original]

Hope you're making money Anon.

What does /biz/ think of stocks? I was looking into buying into a crypto mining company.

It's in dip right now, but holding pretty steading, good time to buy in?

Obligatory FOMO articles:
https://smallcappower.com/news/market-news/hive-blockchain-stock-price/
https://www.cryptoninjas.net/2017/10/23/crypto-mining-company-hive-blockchain-adds-sweden-data-center/

>> No.4362046

why is their company logo HIV

>> No.4362070

>>4362039
I have a massive belief in HIVE that it'll be worth $10 close to the end of the year. Especially so if btc reaches $10k

>> No.4362071

>>4362046
LOL!

HIVE

>> No.4362097
File: 17 KB, 408x286, 4008-hmm.jpg [View same] [iqdb] [saucenao] [google]
4362097

>>4362070
Everyone seems to think the price of this stock is dependent on BTC. It's not really, they're mining Ethereum AFAIK.

>> No.4362238

I actually bought 1000 shares of this at 3.05 this morning.

>> No.4362275

>>4362238
And how does that purchase make you feel?

>> No.4362313

>>4362275
This shit is on sale. Best opportunity to make a shitton of cash. Stocks are regulated and not as volatile as this other bullshit.

Buy in now while it's cheap.

>> No.4362557

>>4362313
>>4362238
>>4362070
OH SHIT!!

Low volume, 20 MA is about to cross the 50,ready for an end-of-day spike.

STRAP THE FUCK IN!!

https://i.imgur.com/FSimua0.gifv

>> No.4363252

Nearly recovered today's early morning loss.

>> No.4363318

I know im being impatient but bought it like a month ago and nothing has happened except lost 30%

>> No.4363326

What is "stocks"?

>> No.4363333

>>4363318
oh this isnt HIVE project? HVN? Some other thing, right?

>> No.4363374
File: 204 KB, 800x988, 1509979370893.jpg [View same] [iqdb] [saucenao] [google]
4363374

>>4362097

But it serves as an avenue for legitimate capital to flow into the BTC market.

It's selling off right now because of the BCASH bullshit and uncertainty and the company diluted the stock with a release of 28 million common shares.

Pretty good time to buy, since this is an actual business that generates actual revenue, unlike most tokens and ICOs.

>> No.4363391

>>4363333

Lol, no. HIVE is an actual Ethereum mining stock.

>> No.4363401

>>4363374
Agreed. Management appears to be keeping the tempers cool. Dilution of the stock early prevents a news story breaking of a major pump and dump.

This is primped for launch, with minor dips ever few months when the lockups keep expiring.

>> No.4363426

>>4363401
primed*

>> No.4363463
File: 36 KB, 640x640, 1508718338458.jpg [View same] [iqdb] [saucenao] [google]
4363463

>>4363374
I'm screenshotting this. When this is four times the price in a couple months I want to harvest salt.

>> No.4363498

>>4363333
Checked.

For confusion.

>> No.4363893

One more rally before close!???

>> No.4364117

Wouldn't HIVE's source of revenue be put in jeopardy once PoS is implemented?

>> No.4364264

>>4364117
Not really, they state in their FAQ they will targeth ethereum, but can switch if needed. Also PoS will be a minor player I believe, < 2% of the blockchain AFAIK.

https://www.hiveblockchain.com/faq/#which-cryptocurrencies-does-hive-mine

They can mine whatever is profitable.

>> No.4364371

>>4363893
Either way, it's going to rally so hard tomorrow

>> No.4364460

>>4364371
Looks like it yeah. Not too late to get a buy in.

>> No.4364565

>>4364460
I got in at 2.40 and 2.47, then fomo'd myself, doubled down on profits at 5.11 lol but in a year's time, I honestly believe it won't matter. just sucks I couldv'e bought soooo much more

>> No.4364600

I'm confused -- why is a rally expected tomorrow?

>> No.4364809

>>4364600
Because graphs. It's already rallying a bit now for FOMO.

>> No.4365275

>>4364371


Why do you say that?

>> No.4365796

>>4364600
20 and 50 moving averages are crossing. Look up, "golden cross investing"

>> No.4366447

>>4362039
I am slowly building a portfolio with various precious metal and stone mining companies right now. The money's just a few feet deep!

>> No.4366595

>>4365275
Because it's been dipping since last Wednesday on the share news, which closed today. So the dip opening today was the "end" persay and the gradual rise leading into tomorrow should carry on. It would've been better had it closed @2.80, where it opened-- so that makes a rally tomorrow slightly less likely but, I'm still betting on it being a solid 15% gain

>> No.4366635
File: 500 KB, 310x233, kirk_whaaa.gif [View same] [iqdb] [saucenao] [google]
4366635

>>4366595
Basically this.

It's the turn around now.