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MGT Capital Investments ($MGTi)
01-02-2018, 11:00 PM
Folks, has anyone looked into MGTi? They are poised to become the largest Bitcoin mining company in the world that's publicly traded. It's on OTC now, possibly Nasdaq soon and can be purchased through most stock brokerages.
It will be a great way to make dollars this year I think. You see stocks like Riot blockchain up in the $26 range, but MGTi will have 3 - 4x more miners than them and is still below $5.
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MGT Capital Investments ($MGTi)
01-03-2018, 02:30 AM
At a $235mm market cap, it at least doesn’t seem to be some fly-by-Night penny stock.
Imma look into it somewhat and post some thoughts.
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MGT Capital Investments ($MGTi)
01-03-2018, 02:34 AM
Isn't the CEO a deranged scamming murderer? Tread carefully.
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MGT Capital Investments ($MGTi)
01-03-2018, 02:38 AM
It had a $91mm market cap on 10/24/17, and has a $235mm market cap on 01/13/18.
Better returns than bitcoin during the same time...
They are into multiple business lines aside from BTC mining though.
A big question I have is how many BTC out there are left to be mined? 21 million total supply and like 16 million have been mined, can someone back me up on that?
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MGT Capital Investments ($MGTi)
01-05-2018, 10:48 PM
This stock raped me for months until I finally managed to sell for a minor gain.
I agree though it could have good potential with all of the attention crypto has gotten. But McAfee is fucking insane so who knows.
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MGT Capital Investments ($MGTi)
01-08-2018, 02:37 PM
Yeah I have dove in largely. I see no reason that this company can not make tons of money. They will have the most Bitmain S9 miners than anyone else. Price of BTC is not gonna stay below $15,000 and will probably be at $25,000 any day or week now and continuing upward.
If you look at LFIN, LBCC, RIOT, RCGR and other weak ass mining company stocks, they won't have nearly the capacity MGTi will. They will definitely be the biggest publicly traded miner.
On top of that John McAfee, antivirus software creator and overall alpha mother fucker, is also developing cybersecurity products for them which protect networks and cell phones from hackers.