Q: This stock is already up 700% in a year and you consider its a great buy? What do you smoke i want some!!
A : Yes 800% for 0,10$-0,12$ is nothing and let me explain why.
1 - BTC was under 10k when that stock was 0.10$.
2 - During the last year, they completed their infrastructure and a lot of people don't buy a company that burn through cash.
3 - People know that company is a blockchains company but nothing else about them. The best is hidden.
Q : That's not enough for me, first i only invest in stock that can do 5x my money, like Carl Icahn, so how can i compare a company with no cashflow with the bluechips pairs in crypto mining market like HUT?
A : That company can do 50x to 100x your money and let me show how i get to 50$-100$ target a share and how to compare it to your favorite blockchains mining pairs.
1 - By the end of the year, they plan to have 2 E hash in BTC mining. If you take the oldest and biggest hash producer miner HUT 8 to compare (sorry its not BITFARM), the plan is to have 1.3 E by the end of the year for HUT.
2 - HUT (Shares : 118,5M) x 4.82 CAD = 571M market cap (Forecast 1.3 E hash by year end in best case) DMGI (Shares : 164,8M) x 0.88 CAD = 145M market cap (Forecast 2 E hash by year end in best case)
3 - DMGI is set to become THE 'BIGGEST' on in the top list of Bitcoin miners by end of the year, depending on others company investments. This is a company of tomorrow.
Q : How can DMGI be innovative and get an advantage on the competition? This is a tiny market as we speak today, and the concurrence is very aggressive on every aspect where 1W = hash power.
A : Others public crypto miners company are using what is called 'Air Cooling'. DMGI will use immersion to cold the miners off.
1 - Immersion is submerging the miners under water to cold them off.
2 - Let's compare the same ASIC miner using immersion now instead of air cooling : - Hashing power can increase by up to 30% - Operation consumes up to 18% less electricity - ROI can be increased by 25%
Contact me with your questions :)
Comment
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Wow guys!!! So many views and no love for that idea. I think i got the exact bottom that time. I wanted you to know 😁
Its almost impossible to get the exact bottom or top , but you have the interest for sure... and people are not in it... so Who is accumulating???..
There was quite a bit of volume on that last test on June 8. To me it suggest good supply at that level. The followind day we saw an up price with decreasing volume. While i believe we we are at prettymuch the bottom, I wouldn’t be surrprise to see another retest of the low (hopefully on low volume) before it goes up.
sevensphere
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@Madcaptains, This stock is a 'niche' for dogs. Dogs will short a stock even if they think the value of something is 2$ for exemple. They will sell it until it does not work anymore. They will sell that stock even at 0.30$ when they think its worth 2$. The fishs buy very undervalue stock for exemple at 1,15$ and sell it at 0,82$ because they cannot take it anymore. Those who buy at 0.83$ will sell at 0.50$ because they cannot take it anymore. Im a DOG who feeds on dogs , my stop is 0$ and im not joking
verdany7
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0.3 looks best opportunity for an entry
sevensphere
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@verdany7, don't buy over 3$ because you know its going to 10$+ in the next btc impulse . It would take BTC 15k-20k to get to your target.
verdany7
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@sevensphere, i am looking forward to seeing BTC at 20k and lower to be fair.
sevensphere
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@verdany7, it's fine my frd. Alot of people think like you, but there is a possibility we will never see that price again while BTC 100k will come except if they stop printing and put the rates at 20% like in the 80's to save the dollar.. but at 4-5% with the amount of debt they have, they could not even pay the interest on the debt. For Canada, for exemple, it was 85% debt to GDP before COVID now its 117%. 117% = zombie economy = impossible to pay the debt without massive inflation = good for crypto/gold/silver no matter what they do
@jarchibald, under 1$ and holding for long term is a great play. Short term, you can suffer because the bottom always happen when there is no love like right now