George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Lol its only a special type of person that ridicules me......
The sp loses 90 percent off its all time high and youre still right.
That's Special!
Yep, virtually everyone you encounter online ridicules you
Funny isnt it? Lol
Speaking of fukwits, do they even understand crypto fluctuations or is there agenda just to panic naive investors.
Is this why btc was 'never' going to 25k again? i was saying 30k btc in February and you guys ridiculed that too!
Maybe I understand btc fluctuations far more than you guys ever will x;)
It's easy to look smart after the fact but whilst history often repeats itself other times it doesn't. No market is as predictable as you are making out, the cycle we've seen will not repeat itself forever. This time around the narrative that institutional support and rapid adoption would prevent the sort of ~80% drawdown from cycle high to bottom was persuasive and may even have played out differently if the broader macroeconomic outlook hadn't turned so bleak so fast.
On the flip side I don't believe it's inevitable that there will be a bull run after the next halving to $500k or whatever is predicted. It's likely but there are many factors that could change the course for bitcoin and see it break away from its historical price action.
Thank you BreaconCarreg sir.
Speaking of fukwits, do they even understand crypto fluctuations or is there agenda just to panic naive investors.
Lol. Look how those 3 miserable fukwits got upset by poor investor's kind words
What sad people
When Poor Investor comes to town and starts ramping btc it only means one thing.
Btc will be falling x;)
Afternoon PI
Been accumulating some decent funds by trading here for a nice long while.
Shall put it all to good use when the pumping starts ;)
Good luck with your hoard.
Hi FP, Bitcoin will soon be having a bull run, judging by history. Make sure you are loaded when it does. I would hate for you not to make any money. Best of luck mate.
Also, the btc price drop is a blessing for Arb, if they can get the machine’s cheaper. They might have a large chunk of money left on their loan.
No not yet, not convinced about the btc price.
Will see what next week brings in terms of the Sp here
good article re. current status of Miners loans. https://www.bloomberg.com/news/articles/2022-06-24/almost-4-billion-in-bitcoin-miner-loans-are-coming-under-stress?srnd=cryptocurrencies-v2
Indeed muscles
And when it goes up BC will no doubt be telling us how we've missed out ;)
Not sure how you think I'm going to make money if the SP doesn't go up duke!
TheeDuke
Today 13:26
Posts: 2,491
Price: 35.25
Come on Flower - We all know you really mean "Lets hope intel chips DON`T come" . . lol
LOL
Yeah i was to ask hexam about reduced cost of rigs moving forward but i guess if theyre all paid for it wouldnt matter. I guess the calculations dont change unless the price of the machines have
Let's hope intel chips come when their planned and are as good as promised. If other rigs are available at a knock down price
This *just in* was about three days ago but yeah, big advantage to new entrants or those with cash available - was it clean spark that recently started buying up cheap rigs?
??JUST IN: The most efficient #Bitcoin mining rigs have dropped 41% in price. Bargain!