@navimosi @MarketWatch Dude a whole bank just went under and you’re asking why people got into crypto 😂 they were holding money in a big bank which is the issue here
Could see $HUT going to around $2-2.50 before heading down again, along with other miners. Bottom could also be in as everyone has been waiting on sidelines for lower prices and will likely fomo in soon.
$MARA $RIOT $GBTC $SOS $ARBK $BFCH $HIVE $CLSK $BITF
@cryptodabl @toushiro_x @Stocksforthelo1@Realpolitik83@Hut8Mining No. Everything will be based off hut stock price. Just read the article, the stock price will be 5:1 split of whatever huts stock price is day of merger. Just with a larger maker cap, congrats, hut shareholders get diluted 600 million lol. Do you get it yet?
@cryptodabl @toushiro_x @Stocksforthelo1@Realpolitik83@Hut8Mining Read this article and you’ll find what I’m talking about, “market cap will be 990 million” post merger $HUT, they’re screwing investors again but everyone is too focused on the reverse spilt to realize they’re being diluted tremendously https://t.co/zz2cZrksus
@cryptodabl @toushiro_x @Stocksforthelo1@Realpolitik83@Hut8Mining Dilution. The shares of the other company are being transferred to shares of $HUT which means market cap goes up but price stays the same. Except you have a bunch of people with shares of a company they didn’t invest in originally 📉
$HUT 5-1 reverse split, they know the price is gonna go to the floor and avoiding the spilt at a later date. $HIVE also did this a while back. Not a fan of reverse splits along with new merger 📉
I’d expect other miners to reverse split in near future too
@BigPharmaBlows @dawg_pound_06 @Core_Scientific Think you need a new research tool as you’re trying to buy a bankrupt company who will dilute you if they ever come back and everything you’ve mentioned is false information. Best of luck
Looking like a dump day for miners. Hope everyone took some profits when they could
$BTC $HUT $MARA $RIOT $BITF $SOS $GLXY $DMGGF $ARBK $HIVE $BTCS $BTBT $EBON $WULF
Don’t be afraid to lock in some profits, lot of people up over 100%. Seeing this tweet may be your sign. 🐖 get fat.. 🐷 get slaughtered.
$GBTC $ETHE $HUT $ARBK $MARA $RIOT $SOS $GLXY $EBON $BTBT $DMGGF $BITF $BTCS $HIVE $BITW $CLSK $COIN #eth#btc