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Capstar Financial Holdings, Inc. (CSTR)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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21.21-0.85 (-3.85%)
At close: 4:00PM EDT
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  • S
    Steve
    $CSTR.V conversation
    It's so painful holding $CSTR recently, lol! I'll be thankful in the near future though! Have a great weekend everyone.
  • A
    Anthony
    $CSTR.V conversation
    We are already in the top Gainers of the day, let's get $CSTR trending now !
  • A
    ADAM👌
    CryptoStar Corp.
    Anyone catch that dip on crypto? 👌HODL. $CSTR let's gooooo baby! I shall water you my flower, it is spring after all 💦
    Bullish
  • S
    Steve
    $CSTR.V conversation
    Hi guys, I'm going to throw my two cents in. I bought into $cstr before there was a promise of a news release or before knowing when they will be fully mining etc. I bought in because I see the potential of this company. Although I want this stock to fly to the moon as quickly as you all, im frustrated with lack of news and updates just like you. I'm sticking to my gut and holding because it may be today, tomorrow, next week, next month but it's going to take off and so is my portfolio when it happens.
  • J
    Joshua
    $CSTR.V conversation
    Update Tweets from Warren:

    1/4 $CSTR #CryptoStar small thread 🧵 on interim Update...👇🏼

    The deployment of 58,230 MH/s and 13,890 TH/s of Hashrate using the latest generation GPU and ASIC miners currently contributes USD$313,410.95 per month in self-mining revenue for CryptoStar.
    CryptoStar Corp. Announces Deployment of GPU and ASIC Miners
    /CNW/ - CryptoStar Corp. (TSXV: CSTR) ("CryptoStar" or the "Company"), a cryptocurrency mining and data centre operator, is pleased to announce that operations...
    2/4
    As at May 18, 2021, CryptoStar holds 46.6 $ETH, 15.4 $BTC and USD$18.7 million (CAD$22.5 million) in cash.

    An additional 21,200 MH/s of #GPU #Hashrate has been delivered and will be deployed in CryptoStar's data
    3/4
    CryptoStar will continue to further expand its self-mining inventory of mining hardware. Additional miners have been ordered for delivery in June 2021 and further orders for mining hardware will be placed
    4/4
    #CryptoStar is currently considering and performing diligence on several potential transactions and opportunities.
  • S
    Steve
    $CSTR.V conversation
    Run $CSTR Run!!!
  • A
    Anthony
    $HUT.TO conversation
    Not too late to hope on the $CSTR train, departure is today !
  • D
    DQ
    Come on $CSTR let’s finish strong today !!!!
  • V
    Vibhu
    A thought about what's happening...

    Let's say institutions wanted to get into Bitcoin. If they threw $50 Billion into it (not much at all), the price of Bitcoin would probably run to $200,000 or more. That means they would be paying on average about $95,000 per coin, unless it went up really fast. In that case, they would be paying a lot more!

    What can they do to lower their costs?

    Strategies: I can only think of two.

    1. Try to shake out the Bitcoin owners. They could drive the price down and probably find some sellers. People who bought early-on will probably want to take some profits, and a scare could shake some of their coins loose. But I don't see this as a very effective strategy, because many have already taken profits. It may be that the run-ups and pull-backs have already set the average price of owned coins in the tens of thousands. That is, those who bought low are already out. They sold at $10,000 - $20,000 - $30,000 - $40,000/coin. The new owners are not interested in a double. They're looking for a 5- or 10-bagger, or are just looking for a store of wealth. So, I don't see much gain there, but do expect the monthly run-up and pull-back.

    2. Try to shake out the owners of Bitcoin mining stocks. Not one mining stock, but ALL mining stocks. There are just not that many.

    On the way down, they buy as much mining stock as they can from those who need to take profits, those whose stop losses are hit, and those who are just scared.

    The problem is they can only take the stocks so low. When it gets too low, those owners who bought low have little profit to take, those who bought high dig in to wait for earnings, and everyone's stop loss goes away.

    At some point, they have to start buying mining stocks outright. No more high-speed trading - just buying. Of course, we would still have run-ups and pull backs, but time is running out.

    The net effect is that they end up owning 50% of the mining stocks, which would then be worth 15X what they are now, in the case of $CSTR, if not more. Then, as they buy Bitcoin, the price of Bitcoin goes up, but so does the share price of the mining stocks they own, maybe by a factor of 10 (that would make $CSTR worth $50/share from today's $0.3 price/share). That gain in mining stocks off-sets their driving up the price of Bitcoin caused by their buying so much of it.

    If this scenario is correct, I think we are all just about at the point that we walk away from our computers and come back during earnings season to see what happens, when the rest of Wall Street sees how valuable our stocks are. It's hard to argue against earnings/share that are strong for Q1 and only getting stronger for the rest of the year and beyond, due to increased capacity.

    Of course, both of these strategies involve constant increases and pull backs to keep shaking Bitcoins and mining shares loose.

    The only other explanation I can come up with is that the smart money believes Bitcoin is going down, but that doesn't make sense. Mainly, because it's not going down.

    If you look at a candle chart by month d(one candle equals one month), from October to April, every month has gone up, convincingly. I suggest every long does just that. Bitcoin may be down so far this month, but April is not over.

    If your outlook is near-term (a few months), you should do fine. If your outlook is long-term, you should make a ton.

    Quite frankly, except for the strategies I offered, I just do not have an explanation for why all of the miners are going down at once, while Bitcoin keeps going up.

    That's why I think this is what's going on.

    Credits-Osiris
    Bullish
  • A
    Airborne
    $HIVE.V conversation
    ETH $2200... Bullish for Canadian Crypto Co. No reason for this sell off today. Added more $HIVE.V & $CSTR.V
    Bullish
  • S
    Steve
    $CSTR.V conversation
    Can't wait for tomorrow, next week, next month, next year. $cstr is going to the moon!
  • A
    Airborne
    $CSTR.V conversation
    No brainer. Just freed up my $HIVE.V and went all in on $CSTR.V.
    Bullish
  • r
    raj
    $DMGI.V conversation
    $CSTR is next , news coming this week and the following weeks. Get in while it’s low !
  • C
    Colonel
    CryptoStar Corp.
    I'm seeing this trending all over Twitter as well and volume returning under $cstr
    Bullish
  • S
    Steve
    $CSTR.V conversation
    Hi everyone. I posted something similar in a reply but wanted to share. Remember, patience is the key to success. We all have those stocks we looked at and all of a sudden couldn't afford them as they took off to fast. With patience this is going to be one of them. Before you know it your pockets are going to be lined with cash. Just remember patience and hold. I'm looking forward to the $cstr holiday we all will be taking!
  • J
    John
    $CSTR.V conversation
    Let’s keep the bull running! $CSTR and $IMIN - they mine Bitcoin $0.55 new stock! Both company’s can see over $1
  • W
    WinstonMcNeal
    $DOGE-USD conversation
    $cstr this week
  • A
    Ahmed Reza
    $CSTR.V conversation
    Since it dropped 10%, did $CSTR make it on the SSR now?
  • I
    I
    Neptune Digital Assets Corp.
    both $CSTR and $NDA will be a game changer for the next couple of weeks.. cant wait for their mining machine!!!! long here..
    Bullish
  • n
    nic
    $CSTR.V conversation
    ___________|MARCH 1st|APRIL 1st|
    ..BTC_____:_____49k____|____59k____| +20%
    $CSTR.V :____0.45_____|___0.28_____| -17%