Hive is mining Hive is mining
The price will fall a bit before marching higher as institutional investors realize this stock is linked to crypto.
Mining
PI Daily chart/Free Mining Sleeping Gem. Massive # of users!Here is an overview of the PI project looking at the daily chart. Year to date we have seen a lot more adoption and some serious price action as a result. PI is interestingly the 4th largest cryptocurrency by NUMBER OF USERS. This sets the playing field for large-scale adoption and we can see in the price range over the last 6 months a gain of over 30,000% from it's low in April 2020.
PI is being released in three phases. The first phase, the one we are currently experiencing only allows accumulation of shares by using their app to "mine" the currency. Downloading the PI app is simple and I found it to be very intuitive. You have the ability to invite others to each gain a small benefit in terms of the number of shares you receive per hour. All it requires is a check-in once every 24 hours to prove you aren't a bot, its extremely simple and you can even have the app remind you when the 24 hours has passed so you never miss out on rewards. Also, if people you have invited are inactive, you are able to "ping" them to notify them that they need to open the app and simply press the button to begin earning again.
Unlike Coin, a similar app which rewards XY Oracle tokens or even BTC/ETH if you saved up truly massive amounts of the currency, the PI project is simply in it's first phase, where the miners receive the tokens as rewards simply for checking in once per day. Following this phase there will be a traditional ICO, and phase 3 looks to get PI listed on some of the large exchanges such as binance, coinbase, abra, kraken etc. Looking at other projects that become listed on these large exchanges we often see decent rallies. We all know people need to buy and sell in order for the price to move, so what makes me so confident that the price of PI will be worth the hassle of the app?
It's simple...with so many people utilizing the app and participating in the ecosystem we are really setup for a launchpad once it becomes easy to purchase, swap, sell, and store. I personally will be HODL'ing all the shares I can. If anyone is interested in checking the project out, you are welcome to use my referral code " JayP420 " to get a boost off the bat and begin earning more than the baseline .20 shares per hour. This of course helps me as well but I want to be clear that I have no affiliation with the company, I am not a financial advisor, and I simply see this "sleeper project" flying under the radar.
Whether it remains fractions of a penny per share or shoots up to hundreds of dollars, profit is profit. I highly recommend that crypto enthusiasts and people in general should take advantage of this easy passive moneymaking opportunity while it is still available. To join in on the project and expand its userbase even further, just follow these simple steps.
1.) Download the PI app on any smartphone
2.) Use the referral code JayP420 for a boost right off the bat for both of us
3.) Check in once every 24 hours to prove you're not a robot
4.) Profit!!!
And the best part is they promise it won't be a drain on performance or battery life unlike COIN, which led me to need a new smartphone when my battery would no longer hold a charge. All that mining for 28$ worth of XY oracle tokens which I have yet to be able to cash out as they are not listed on any major exchange. The new phone cost significantly more than what I made mining with COIN. With PI, I can check in once a day, shut it off and forget it! AGAIN, I AM NOT A FINANCIAL ADVISOR AND I HAVE NO AFFILIATION WITH EITHER COIN OR PI, THIS IS SIMPLY MY OPINION.
Looking at the explosion after this project began seeing more users than ever joining in on the mining, we saw a huge 30,000% rise in price since April. Joining the app is easy, free, intuitive, and a great way in my opinion to introduce people to mining/crypto in general. It's free passive income with such a low barrier of entry it's essentially non-existent. Even my 76 year old father was able to install and use the app without any trouble...he is even inviting friends of his to join in with his referral code! This is how we get the project out there and see it's user base grow even larger. With more users daily and an ICO in the works, this could really be an explosive hidden gem. Having shares weighted at 0$ can only help you when dollar-cost averaging. Good luck to all of you and hopefully we will see this project continue to grow in size as well as bring new users into the crypto space who are looking to make easy passive income without the barrier of entry of essentially any other coin. Just download the app and begin making money!
-CryptoSavant
Time to go long on Eurasia Mining Company PLC.Now is a great opportunity to enter a long position into EURASIA MINING COMPANY PLC (EUA).
I have been in this company since January at 3p per share with an average share price of 18p per share.
I see nothing now but a green light to really ramp up on my long positions.
The company is currently under negotiations in a possible buy out with suspicions of a bid per share of 75p being declined. The deal is suspected to be in the final stages.
Level 2 data suggests that the current price action and volume is ahead of a possible news announcement or leak with over 1,689,984 shares exchanged in the last hour of trading.
DE GREY MINING RUN TO CONTINUE?DE GREY MINING (ASX:DEG) has just had a much needed rest. After 8 months and +3000% increase its well deserved after its Pilbara WA "Mallina" Project surpassed 2.2Moz Gold Projection. Sitting 50KM south of one of the most ideal ore exportation capitals in the Southern Hemisphere (Port Hedland WA) it's easy to see why De Greys is going from Strength to Strength, and they haven't even scratched the surface with multiple Gold anomalies yet to be fully explored.
Technicals: Area of Interest approaching...
Fib Retracement Golden Pocket Near, recently broken .382 level.
Uptrend Intact.
Has already hit Major Trend Based Fib Retracement target previously for +170%.
Healthy retrace almost complete IMO.
Ichimoku still intact and Bullish.
MACD starting to round anticipating the turn BUT not confirmed.
RSI starting to flatten having just crossed the 50.
Stochastic indicating oversold region.
Approaching MA50 looking for reaction.
Some Fundamental Highlights..
Mallina Project quickly turning into Tier 1 Project +2.2 Moz Gold Deposit.
Project location among the best in the World.
Stable Cash Runway + $28million CASH (30 June 2020) & Debt Free.
With such a rapid growth it's hard not to keep an eye on the rising star De Grey Mining, BUT I'm more interested in future projections of Gold consumption and what this means for the Sector. With global demand predicted to rise by 2.1% annually and Australia set to be the No.1 Gold Producer in 2021 it's a good sign for the Domestic players with production set to rise by 9% 2020-2021.
These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTA. Happy Hunting!!!
SGN.V - Scorpio Gold looks primed for a move. Up or down?I decided to clean up the chart add a bit of context. To my eye, it looks like we have a big move ahead. Is this month's Federal Reserve meeting the catalyst for either direction? In any event, every dip in gold and miners have been bought. Let's see if the trend holds.
EBON (EBANG makes BTC Mining Hardware)EBON (EBANG makes BTC Mining Hardware)
This will go up but what puzzles me is that it's competitor has a lower price and it is still dropping - both EBANG and CAN should be the same price and the y both will climb but both are finding that price as i write this.
I am hopeful we will have a longer chart in the future with more to see.
Once the BTC price jump everyone will wonder what these mining companies do - they make mining equipment and i would think they also are mining bitcoin so they will be profitable.
RareX technical trade + EV hypeTA,
- Daily MACD golden cross
- Price above 120ema
- 5ema crossing 20 and 40ema
- Strong bounce off 0.059 support ( Long tail )
Entered on 10th August (bit too early). Looked like a good trade setup but macro environment weighing down on the price action on the following days.
Should have waited for confirmation. Will cut loss if it breaches 120EMA.
Exit: 0.087
SL: 0.05
RIOT looks to be falling again one last time RIOT looks to be falling again one last time before moving back up again.
No real evidence just a gut feeling - is a long walk to the next earnings report but by then it will be too late. Buy the dips as we climb higher - people will put two and two together eventually, crypto mining companies make money when BTC jumps up.
I will put in some buys from $3-$4 in 10 cent increments.
These are my trading notes I have no formal education - I am an artist who likes to draw lines.