|
Title: Havelock's HIM fund share price crashing - anybody know why? Post by: ScatterShot on October 02, 2013, 03:45:53 AM 0.13 XBT --> 0.05 XBT / share today. I'm not aware of any breaking news or business fundamentals that would account for this. As a matter of fact, the HIM fund's mining hardware is rolling in and their dividend has shot up 600% in the last month. Weird. Nervous Nellies over regulation and the BTCT thing? Title: Re: Havelock's HIM fund share price crashing - anybody know why? Post by: Adrian-x on October 02, 2013, 04:31:02 PM 0.13 XBT --> 0.05 XBT / share today. I'm not aware of any breaking news or business fundamentals that would account for this. As a matter of fact, the HIM fund's mining hardware is rolling in and their dividend has shot up 600% in the last month. Weird. Nervous Nellies over regulation and the BTCT thing? I haven't looked at their published Financials in detail, and my opinion is just pure speculation and as a disclaimer I still hold a few shares. It is my feeling that paying a fixed dividend with mining income diminishing exponentially and increasing expanses, while issuing new shares from time to time, can look like a bit like a Ponzi scheme. It is my opinion that the smart investors are looking to pull out. Title: Re: Havelock's HIM fund share price crashing - anybody know why? Post by: jamesc760 on October 02, 2013, 05:13:25 PM Due to Silk Road being dismantled and owner arrested, the house of cards, that is Bitcoin, is crashing. No?
Title: Re: Havelock's HIM fund share price crashing - anybody know why? Post by: glendall on October 02, 2013, 08:01:18 PM Uh, no.
Bitcoin is not a house of cards. It is a more valid currency than USD in many respects. Will the price take hit? Ya for sure, Silk Road is huge. But this isn't exactly the end of Bitcoin, that's retarded. |