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Hive Blockchain Technologies Limited

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  • Registered Users Posts: 28,192 ✭✭✭✭drunkmonkey


    I knew I should have averaged down. Hard to know what the bitcoin is going to do could get dumped again in the next 24hrs. Hive is priced all wrong though it shouldn't be reacting this hard to short term price movement. Hopefully something positive in the next 48hrs.


  • Registered Users Posts: 28,192 ✭✭✭✭drunkmonkey


    Results tonight after close.


  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Any thoughts? Can't pull one positive from the results myself.


  • Registered Users Posts: 28,192 ✭✭✭✭drunkmonkey


    I only glanced at them, didn't look good, I'll have a proper look in the morning when we have all the info after the call...


  • Registered Users Posts: 915 ✭✭✭Captainsatnav


    Have written off all of this money now tbh


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  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Almost 5k down the sewer with this one. I still see a crypto / blockchain future but I'm now concerned how HIVE will survive while running a loss for any decent length of time. Dip buying Tesla and Amazon have somewhat eased the pain.


  • Registered Users Posts: 28,192 ✭✭✭✭drunkmonkey


    Ahh now hive is a 1yr old start up, Tesla and Amazon are well established, Tesla has never turned a profit if you take grants out of the equasion and Amazon has been running on losses for years.
    I think Hive will carry on but need to move from straight up crypto mining to getting a few transaction processing contracts from the like of fidelity, they said from the start it would take a few years to reach visa levels.


  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Ahh now hive is a 1yr old start up, Tesla and Amazon are well established, Tesla has never turned a profit if you take grants out of the equasion and Amazon has been running on losses for years.
    I think Hive will carry on but need to move from straight up crypto mining to getting a few transaction processing contracts from the like of fidelity, they said from the start it would take a few years to reach visa levels.

    I know and I hope you're right but I just hope the funds are there as required to keep on keeping on.


  • Registered Users Posts: 28,192 ✭✭✭✭drunkmonkey


    What happened to our $100 million in the bank?

    Did you see today's announcement, were getting more Watts and can pay in Ethereum and shares at 55c.


  • Registered Users Posts: 45,476 ✭✭✭✭Bobeagleburger


    Massive losses today surely


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  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Down 10% already


  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Or not...


  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Picked up a few thousand now for the craic more than anything, plus they cost nothing. I see they're finally active on Facebook, posting pointless articles every few days.


  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Hang in there..


  • Registered Users Posts: 28,192 ✭✭✭✭drunkmonkey


    Hive will hang in, plenty gone boom hopefully. Nothing like a sub 3k bitcoin to shake out some shale oil miners.


  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Hive will hang in, plenty gone boom hopefully. Nothing like a sub 3k bitcoin to shake out some shale oil miners.

    Picked up 6500 at 24.5 last week.


    Insert Lambo joke


  • Registered Users Posts: 1,108 ✭✭✭TheSheriff


    Glad to see an increased frequency of email communications from HIVE, someone somewhere has copped that silence doesn't work !


  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    TheSheriff wrote: »
    Glad to see an increased frequency of email communications from HIVE, someone somewhere has copped that silence doesn't work !

    They are positing daily on their Facebook page too. I think there are more fans in here than on their page.


  • Registered Users Posts: 1,108 ✭✭✭TheSheriff


    Yes, at the very least they are attempting to raise awareness of the company. I saw their email this morn about their new partnership with AI something or other - haven't had a chance to read up on it as travelling. Any thoughts on whether it's a good move or just more smoke ?


  • Registered Users Posts: 915 ✭✭✭Captainsatnav


    Any new insights here? Write it off?


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  • Registered Users Posts: 28,192 ✭✭✭✭drunkmonkey


    Not a hope I'm writing this off yet...bitcoin is behaving itself, tons of capacity added. It's future cash flow puts it over $5 a share.


  • Registered Users Posts: 14,298 ✭✭✭✭retalivity


    Ive got my avg share price down to -40c, ill let it sit for a few months and see what happens. Seems to be a little more life in it recently anyway


  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Anyone checked the share price today ?


  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Not a hope I'm writing this off yet...bitcoin is behaving itself, tons of capacity added. It's future cash flow puts it over $5 a share.

    $5 is used lambo territory for me


  • Closed Accounts Posts: 5,019 ✭✭✭ct5amr2ig1nfhp


    Hmmm. :eek:
    Anyone checked the share price today ?


  • Registered Users Posts: 1,108 ✭✭✭TheSheriff


    Up 49% in Frankfurt today - whats going on?


  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Closed up 17% on the TSX.

    Not sure why the 400% average volume.

    Crypto hasn't changed since Friday really.


  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Fully expected this to tank today


  • Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    I might be the only one left here, if not, hang in there.

    Great volume today.


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  • Registered Users Posts: 14,298 ✭✭✭✭retalivity


    Im still in, bep is now around 34c. Only small though, about 1500shares


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