Riot Blockchain Inc
$0.07 (0.34%) Today
52 Week High
52 Week Low
7 Days Mentions
Down!! Set!! $HUT!! OK you retards and degenerates, what if I told you there was a company whose sole existence is to create money out of thin air? We ain't talking aboot fractional reserve banking here either! HODLing all the way from Canada, home of the 100% self-mined savings rate, $HUT!!
Down!! Set!! $HUT!! What if I told you there was a company whose sole existence is to create money out of thin air? We ain't talking aboot fractional reserve banking here either! Presenting to y'all: The OG HODL, home of the 100% self-mined savings rate, Canada's next 100 bagger, $HUT!!
Down!! Set!! $HUT!! OK you retards and degenerates, what if I told you there was a company whose sole existence is to create money out of thin air? We ain't talking aboot fractional reserve banking here either! The OG HODL, home of the 100% self-mined savings rate, Canada's next 100 bagger, $HUT!!
>A legitimate answer would be stocks in the crypto sector like COIN, MARA, or RIOT. Why would those be more "legitimate" than AAVE, COMP, or MAKER?? Crypto is a technology and financial asset, it's very relevant to the question asked. I think maybe you have a misunderstanding.
This thread is asking which companies and sectors of the economy are going to perform best. Cryptocurrencies are not stocks or sectors of the economy. It’s like someone coming to a thread asking who people think is going to win the Super Bowl and saying the LA Lakers because they like basketball more than football. People downvote it not because they hate basketball but because it is off- topic. Football and basketball have more in common than crypto does with stocks. A legitimate answer would be stocks in the crypto sector like COIN, MARA, or RIOT.
**Income Sales** \- MARA 52.90M 92.80M \- RIOT 15.40M 127.60M Mara react more to Bitcoin price movement than Riot I personally don't like facility [https://marathondh.com/our-facilities/](https://marathondh.com/our-facilities/) I just don\`t want to trust them until they improve I like what Riot Blockchain is doing now [https://www.riotblockchain.com/bitcoin-mining/whinstone-u-s](https://www.riotblockchain.com/bitcoin-mining/whinstone-u-s) Riot acquired the Whinstone mine earlier this year for $80 million plus stock, and it is now the biggest in North America
I will be reading up on this for sure, PMCC. I’m holding 800 straight shares of RIOT at 47.50…. Made up my mind to hold and wait it out but wouldn’t mind using options to help ease some of the unrealized potential losses for all these months. Care to share a couple scenarios to consider to help a newbie out? I’m also holding ANVS bio and feel pretty strong on a catalyst coming on it in a few months when it enters phase three trials. It’s beaten way down and I’m in at 49…. Don’t care to keep buying straight shares on either right now but could if i want to pour loads more into the waiting game. But there are other stocks out there right now I would rather buy straight shares on to be honest.
🌽 Miners should be valued just like gold miners are. Both are: -Capitol intensive -restricted by limited supply that can be mined -subject to intense volatility of their sole product -have operating margins of around 40% -require land and energy to operate -carry regulatory risk But they're not. They're valued like tech companies because muh computer. RIOT 15p Jan 2023
OK I'm back. So at a glance at OI I figured the max pain for puts (as apparently only I call it) for RIOT as an example was 19 to 20. And maximum-pain.com puts it at about there. Now without knowing much about the leverage and market structure we can't know just how much pain it is...leverage could be too high say at 18 or 17 and over time the maximum pain shifts as accounts just double down and roll their bets. But, it happens to be a nice example that if today was capitulation. Then RIOT bounced off the max pain of the puts. Which makes sense for a down trend reversal. But it's kinda a chicken vs egg. Did we bounce because of pain? Or was that where the most puts are because that's where the most put buyers think they can't suffer more losses? Is it premeditated or is it forced upon them ... maybe is how to ask it. So that's where I'm coming from. I used to be interested in max pain as a possible indicator. I moved away from it a bit ago. Those were my thoughts on it then. Never really pursued it since but so it's interesting to see others don't think of it that way at all.
You're not the only one, this is todays volume for miners for the next few opex |tick|CALL|PUT|pc.ratio| |:-|:-|:-|:-| |BITO|5,609|5,539|0.99| |BKKT|5,061|1,132|0.22| |CIFR|21|35|1.67| |COIN|9,469|2,652|0.28| |GREE|446|74|0.17| |HUT|3,051|1,135|0.37| |MARA|14,226|5,457|0.38| |RIOT|11,357|6,668|0.59| |SDIG|4|2|0.5|
Hmmmm. A lot uncertainty around this name. A.) crypto has took a HUGE PUNCH to the gonads the past 2 months; and names like Microvision, Overstock, Coin, RIOT, and BLOK have some strong correlations. B.) it’s a “Wood stock” - and poor ol’ Queen Cathy has created a LOT of stink for underperforming the market the past 12 months.
Give me some real "unnecessary tech" examples though. Crypto / EVs / Green Energy are definitely "bubble sectors". Although many of them have already gotten hammered. $COIN has a 17 PE ratio right now. Not exactly what you'd expect in a bubble/hype industry. I can't think of many crypto stocks worth any significant amount beyond Coinbase. $BKKT for example is a penny stock now. $RIOT and $MARA come to mind but they're still well below $5B. So aside from Coinbase (which is making a shitload of profit right now), what are all these unprofitable crypto fintechs?
Hell no I bought the dip. Im in at 27 in RIOT. 34 in MARA. Honestly when the market turns around I’m going into MSTR I’m looking at the stock and their bitcoin on balance sheet is worth as much as the company is. Why am I buying companies that make BTC for multiples when you can just get square or micro strategy
I’ve been playing DIS calls for a month that have been doing great. I’ve read other traders thinking it’s under valued and I agree. As well as SPY calls on the up, and puts most recently when it dropped. Rivian puts and RIOT calls/puts
I looked into this. Originally wanted to short MSTR because leverage, but the actual company has cash flow believe it or not, and OI is shit. Then BITO came out. Insane premiums, but still a good candidate because contango. Personal favorite is RIOT, since they stopped selling the corn they mine and started holding it. Mining is a VERY capital intensive business, they are on an acquisition binge, and they are based in a country with high electricity costs (the good ol US of A). Marginal cost of production for them is 20k a coin. Plus they have to replace their equipment every 2-4 years or so to stay competitive, they have rent/payroll costs, a halving event is always looming, and current valuation is about 5x book and 40x earnings. GLHF.
the contracts bought today > bearish on corn but bullish on miners... ​ |tick|CALL|PUT|pc| |:-|:-|:-|:-| |BITO|23127|35756|1.546| |COIN|23278|22636|0.97| |HUT|22445|6942|0.309| |MARA|57992|40746|0.702| |RIOT|43504|28751|0.660|
working my ass off and making money shorting shitstocks like Rivian. \+ I always like to play on both sides. Going long and short (basically was using mirror to get 60% apy interest on USD indirectly, quite complicated set up, but it worked, until this shit happened). Also buying bitcoin miners and at the same time shorting RIOT (publicly traded bitcoin mining companies that are way overvalued). Whatever bitcoin does, whatever bitcoin difficulty does, long term it all evens out and guaranteed money $ And now i lost is almost all -\_-
RIOT up ~7% at $24.30 now: 11:05 AM EST, 01/04/2022 (MT Newswires) -- Riot Blockchain (RIOT) has an average rating of buy and price targets ranging from $45 to $82, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us) Price: 23.40, Change: +0.66, Percent Change: +2.90