Tag: HIVE.V
-
![If I had a billion dollars: Crypto and Monkey Business Edition]()
If I had a billion dollars: Crypto and Monkey Business Edition
If I had a billion dollars the first thing I’d do is buy a monkey. Not a howler monkey or a languor monkey, or one of those that gets creative with how they say hello, but a regular capuchin monkey—one that hasn’t reached puberty yet so he doesn’t get aggressive. His name would be Jocko,…
-
![This week in crypto: The China Side-Eye Edition]()
This week in crypto: The China Side-Eye Edition
The biggest spate of news actually happened last Friday and it’s China again. Now all cryptocurrency related transactions are effectively banned in China. The effects were immediate: Coinbase Global (COIN.Q) and Robinhood took a 3.5% dive, while MicroStrategy (MSTR.Q) lost 6.7%. Marathon Digital Holdings (MARA.Q) lost %8.1. It didn’t stop there, though. The commentary from…
-
![Hive Blockchain Technologies (HIVE.V) and Marathon Digital Holdings (MARA.Q): object lessons in bitcoin mining scaling]()
Hive Blockchain Technologies (HIVE.V) and Marathon Digital Holdings (MARA.Q): object lessons in bitcoin mining scaling
Crypto doesn’t really have the same appreciable metrics as other assets in determining value. The closest asset we have for comparison is gold, so much in fact that Bitcoin (and Ethereum) actually possesses a lot of the same characteristics—such as their shared tendency to act as a safe haven asset. But gold is in limited…
-
AMPD, PAT, MTA, HIVE, MILE: Contrarian investing as the zombies climb over the walls
Okay, so the world is burning, the Russians and Saudis are pouring low-cost fuel over it, the Americans are shocked that a reality TV show host with a penchant for scams didn’t make a clever President, Italy is in total lockdown, the Japanese are thinking of holding a spectator-free Olympics, Israel is putting anyone coming…
-
![Deciphering Cryptocurrency: surviving the winter]()
Deciphering Cryptocurrency: surviving the winter
There is lots of speculation about why Bitcoin is up this week ranging from an insecure reaction to Trump’s trade war with China, to new big names now accepting cryptocurrency. It’s too early to tell if this is the end of the crypto-winter or whether we’ll look back on this week as a type of…
-
HIVE Blockchain (HIVE.V) posts financials, continues to drift
The crypto gurus at HIVE Blockchain (HIVE.V) posted financials for Q4 2018 today, and the documents make for interesting reading. While the big spotlight shines on revenues ($13m) and margin ($10m) for their mega crypto mining operations, and increases in mining efficiency, the organization’s annual net loss of $26m (of which $17.7m from with the…
-
To make money in blockchain, invest in the people who do real business, not crypto
I got a document sent to me this week that I haven’t seen before, at least not in my inbox. The document was an ‘offer to rescind.’ I had placed some bets on some private blockchain deals nine months ago, and one of those had decided they were done waiting for the blockchain sector to…
-
Blockchain moves to Proof of Business: HIVE, UPCO, LTV, BLOC, VHI, DASH, KASH on a hard climb
When the first blockchain profit party ended last December, and companies that had been on an absolute tear of upward multiples began to turn the wrong way, few in the industry seemed too bothered about it all. Blockchain execs on the public market largely shrugged, some admitting there had been too fast of a run…
-
Welcome to the Big Show, DMG Blockchain (DMGI.V): Up 23% in second day of trading
Back in the 45 days of deep 2017 when the entire world thought everything blockchainy would be a billion dollar deal by Christmas, which ended on the day HIVE Blockchain (HIVE.V) let founders stock trade early, thereby (and properly) stepping on an insane tulipmania run, all that was needed to make a pubco double were…
