Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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@thechuz
"Riot will end no more than 5% down and in fact there is a 74% chance that it will end green.
It will bounce off 25"
Nailed it, bounced of 25, went green for a decent amount iof time but then ended 1.75% down.
Trust the compass scratching I say!
I was expecting around 10% down for argo but I think that boatman report stuck the boot in abit.
"I think HUT looks like the Best Buy just now in the pre-market."
Back-of-envelope: BTC now is about the same as in August, while HUT is now significantly more expensive. And BTC now looks much more bearish than in August and HUT is heading down even faster (it's more-or-less in freefall). So I'd only buy a micro position in HUT atm, as I think there's a decent chance it's going a *lot* lower.
There's always the chance that BTC could abruptly turn around and so could HUT, but on the balance of probability, a big downward move looks more likely to me.
WTF do I know? nothing - like everbody else...
The Daily Mail would call anyone slightly to the left of Mrs T a communist.
@ macf1
There was a descent bit on mstr at 14mins in the last James video i posted
I think HUT looks like the Best Buy just now in the pre-market.
@chaebol
"Going against a lot of my beliefs in btc now but at 37 bucks Mara, 25 bucks! riot I’ve gotta get involved."
My compass scratching says its going to bounce of 25.
Hope I'm not reading it upside down ha
Hi Poptimist. Yes, a senior moment. I knew it began with a B and was not Beijing. Lol. Think it was the Daily mail who called the new PM. a communist.
Chuz, Mara and riot prices so low it’s rude not to get involved today.
Going against a lot of my beliefs in btc now but at 37 bucks Mara, 25 bucks! riot I’ve gotta get involved.
GL
@Canetoad
It would be no surprise to me if we see the US miners drop another 10-20% today.
Lookingnatbthe fan chart I've just written on my desk with a compass (yea old school)....
Riot will end no more than 5% down and in fact there is a 74% chance that it will end green.
I think he must mean Barbados, which has just become a republic. However it hasn't left the Commonwealth, and it doesn't have a Communist Prime Minister (unless that's just being used as a pejorative term for someone left-of-centre.)
Hi, Northfork, did you mean Barbados?
Pop, yes, I have said for several years, they are infilterating many Countries, but I did not realise, until this WE, that includes the Bahamas. Which has just left the Commonwealth. Strange the new woman Prime minister is a communist. Good luck to them.
A chincoin! We all know we can trust the Chinese Govt implicitly, don't we?
What a Weekend. BTC falling by 20%, and still going down. Only pointers that I can see is China Evergrande now almost finished, and that aliegns to a straight drop in the night when Asia was trading. But seems the Chinese have changed their mind over Cryto, as their have released their own coin, which can be bought in the UK. So maybe we shall see an upswing. I hope.
GLA.
Someone also predicted a fall to 85p- 90p by the end of the week......... It could be a very bad week all round.
On the plus side, just think of the buying opportunity and the huge bounce back.
In fact, the pre-market prices are already down 10-20% ...
RIOT: -10%
MARA: -10%
HUT 8: -15%
==========
ARBK: -2%
It would be no surprise to me if we see the US miners drop another 10-20% today. ARB would almost certainly follow those down - just my opinion though. Our fate is in the hands of BTC, NASDAQ and the other miners.
It is highly correlated to BTC but of course when momentum is with it/against it the moves are grossly exaggerated.
I also called the drop although it was pretty damn obvious going by the closing nasdaq price Friday and then the subsequent fall in bitcoin.
Moz2020 as he / someone pointed out before it was £3 at $50k and also £1 odd at $50k (general figures quoted) so the correlation isn't as tied as you make out.
Well the chuz, you did it spot on and even if it was by accident lol
I said 10% down.. But I thought it would be based around a duff rns.. Still got that to come haha.
Not too scientific tbh. Bitcoin dropped like a stone. Theres a direct correlation between ARB coin holding and company value at this point.
Just saw that you have predicted a £1 SP for QBT by Friday...
Wow.
You was spot on! impressive if actually calculated :)