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HIVE Blockchain Technologies (HIVE-X)
CVE:HIVE
5.51
0.09
(1.61%) 1d
Financials
Technical Analysis
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New 52-Week Highs and Lows (Nov 21-27)Earning Reports to Watch (Nov 26-30)New 52-Week Highs and Lows (Nov 14-20)This summary was created by AI, based on 1 opinions in the last 12 months.
Experts believe that HIVE Blockchain Technologies (HIVE-X) is like a mini version of Coinbase and provides a good way to ride the wave of blockchain and cryptocurrency. Although it is not included in a fund, it has been traded on relatively small positions in separately managed accounts. The company is seen as a promising player in the blockchain and cryptocurrency space, offering potential for growth and investment opportunities for those interested in this sector.
$5.810
Unknown
Run big data centers that mine crypto currency. Its chart looks like Bitcoin. It is in a descending triangle. If it breaks below support, it would reflect badly on it.
He wouldn't touch any cryptocurrency with a barge pole. He doesn't understand this business or company. He doesn't speculate.
He is pretty skeptical on the number of companies that claim to have an advantage in this space. If the value of cryptocurrency goes down, these companies will be at risk. It has a lot of cash and is well known. It is not a real long term strategy in his mind yet.
Clearly has some problems. Slow, steady decline and volume’s dropping. Volatile stock. Be very wary. He’s not a believer of blockchain technology, it’s just a fancy database. Now a penny stock, so will be off the radar of many. If it can break above $1.70, might be more interesting.
Their focus is on mining, which seems profitable. The issue is blockchain is highly volatile. Ten years from now, blockchain will be revolutionary as bigger companies like Walmart delve into it. He's more focussed in the latter, the big guys, not the miners like Hive.
Blockchain will enter banking and other industries There was a bubble in this sector. Government won't support blockchain because cryptos support underground/illegal economies. He doesn't understand this sector or its long term value.
Blockchain technology is going to change companies in the near future. He can’t comment on the currencies because that is something they don’t invest in.
Bit Coin has found a value at the cost of production. Some people don't need to own an anonymous currency, but for others it is a good thing. He would not buy the stock, but he could see why one would buy the technology. Other blue chip tech companies will own the development of the technology whereas HIVE-X is speculation.
HIVE Blockchain Technologies(HIVE-X) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
HIVE Blockchain Technologies(HIVE-X) Frequently Asked Questions
What is HIVE Blockchain Technologies stock symbol?
HIVE Blockchain Technologies is a Canadian stock, trading under the symbol HIVE-X on the TSX Venture Exchange (HIVE-CV). It is usually referred to as TSXV:HIVE or HIVE-X
Is HIVE Blockchain Technologies a buy or a sell?
In the last year, there was no coverage of HIVE Blockchain Technologies published on Stockchase.
Is HIVE Blockchain Technologies a good investment or a top pick?
HIVE Blockchain Technologies was recommended as a Top Pick by on . Read the latest stock experts ratings for HIVE Blockchain Technologies.
Why is HIVE Blockchain Technologies stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is HIVE Blockchain Technologies worth watching?
0 stock analysts on Stockchase covered HIVE Blockchain Technologies In the last year. It is a trending stock that is worth watching.
What is HIVE Blockchain Technologies stock price?
On 2024-12-12, HIVE Blockchain Technologies (HIVE-X) stock closed at a price of $5.51.
Like a Mini-Me Coinbase. He's traded this, on relatively small positions in separately managed accounts. Not in his fund. Good way to ride the wave of blockchain and cryptocurrency.