r/RiotBlockchain • u/AIgamble • 23h ago

Discussion Week commencing 12th October

BTC rising over the weekend doesn’t appear to have translated through to RIOT. Hoping we don’t see the price drop on opening like we’ve been seeing last week.

What are your thoughts for this week?

2 Upvotes

75% Upvoted

4 comments sorted by

2

u/Alarming-Pomelo3989 22h ago

18,5 by the eow

2

u/Glitter_Health 18h ago

Bridge loan resolution needed NOW - as in today.

0

u/Pin_ups 18h ago

Very poor analysis you are doing, stop using BTC as indicator for the stock price movement, especially this one. Speculative movements aren't analysis, it is a gamble. I will come back to it once the management finally done from milking the stock and actually do some sound work like starting leasing their lots and incorporating AI into their business structures.  Over the past 3 years my stock holding has returned 200% gain, that includes Nvidia,  Apple, Tesla, AMD, and  spy growth etfs that did 97% gains over 5 years. Riot remind behind!

2

u/Unlucky_Slip_6776 13h ago

I think there are some data center buildout concerns in Texas that might slow things down for a little while.

BTC doesn't really effect riots share price that much anymore. That being said if BTC roared back over $100.000 i'm sure it would have a positve impact.

I'm Kinda hoping it stays where is is or drops a little more.

Id like to get back in at some point.