HIVE Blockchain Technologies (HIVE-X)

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.

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.