Miners and dilution16 Apr 2024 12:39
Iam in Mara at 22 dollars I will sit tight untill I get my money back hopefully, in recent bull runs miners have always done very well , but to me I think investors look at miners differently now , every time btc goes up the miners used to run alongside pretty much , why don’t they now ?, imo every time miners start to go on a run alongside btc what do they all do and say , we need bigger units we need more machines we need this and we need that , Mara for instance never sold or used money in the bank of which they have millions , no they dilute so as soon as the sp starts to move , there all the same , so the sp never gets going and stalls it doesn’t matter what btc price is , and they all do it over and over again , investors look at it and think not for me , mara shareholders don’t even know how many of the shares allocated to b sold have been and what price , and when they are sold when is the next dilution coming they seem to just
Plz themselves, yes we
Could b a trillion dollar company, but we will have millions of millions of shares in play a complete waste of time for share holders , they say the ETFs have been a game changer , yes the btc price has risen quickly because of the inflows , but remember if it changes and inflows becomes outflows it will fall at the same speed which is what has started to happen, iam in Mara now but even at 80btc I don’t think it will change much untill we get news on the share sell off , have the miners pushed it to far , is micro strategies a better way to b involved in btc ? my rant against miners finished what do you all think
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