Member Info for Bitcoinbull

If you go on the website theres an up to date list of companies in attendance (60+) and a list of those speaking once again 60+ speakers , basically the great and the good of Crypto mining industry as you’d expect.

The list of those serious companies represented is interesting, those not mentioned is just as intriguing.

My Guess is FG will pivot QBT in another direction having watched all the major North American BTC miners ( some of whom he claims to have been in negotiations with ) significantly changed their business strategy away from BTC mining.

Just Remember he first started claiming clear leisure would move into bitcoin mining in 2018 !!! And so far. Not a single satoshi has been produced let alone a full BTC .

Probably some tech to make data centres more efficient is my Guess or possibly a device to keep plates spinning without the need for tiresome interviews and shareholder relations!

We now seem to be mimicking a drunk at the roulette wheel, throwing money on as many squares as possible and hope for a win , the decision to sell GMET that has very clear tailwinds then spaffle the money away on pipe dreams is an extremely poor use of funds at this time when we should developing the projects PJ acquired.

We are in a very strong bull run for commodities and yet we are on the cattle truck looking for greener pastures at the end of a mythical rainbow having been sat on a pot of gold ( tungsten)

Madness!

The pivot into Crypto at this stage in the crypto cycle is disastrous, probably 2months left of this bull run before a 60-80% draw down in the crypto market. We’re in at the top of the market, really poor investment strategy especially when we sold GMET so cheap…. And yes there was a clue GMET would continue rising, it was well known the US was going to back critical metals and minerals on 25th sept .

Sorry Sean I’m rapidly losing faith in your leadership and deal making. Basically holding on for the uranium now in the hope we strike big .

I’m sorry to say I think this Move by POW into the crypto/Token ecosystem at this stage in the Crypto cycle is extremely poor timing, we have 2-6months remaining in this bull phase before the next massive draw down. So effectively POW have invested in Minestarters at the peak of the Market. Personally I believe we would have seen far better value in holding GMET for the next 18months than chasing a pot of gold at the end of a rainbow.

And just for context, POW are my 4th biggest holding which equates to 2.5 years of my salary and I’ve been buying crypto (spot bitcoin since 2014 via DCA ) so I certainly don’t want either to fail .

Fingers crossed I’m wrong about minestarters but it feels very wrong to me .

GLA

Paul ,

Duquesne Family Office is the investment firm of Stanley F. Druckenmiller 😉

Not sure if it’s common knowledge but it would appear Stanley Freeman Druckenmiller is now a 15% holder

https://youtu.be/eSY1nTrlmOs?si=OY7DqGC_zzgEbRbV

Today should be a very good indication of how much more ( in price ) the bitcoin bull run has to go .

All indications are that strategy will be added to the S&P index and therefore $15bn-$20bn of inflows into the stock . Will this be one of the catalysts for bitcoin to reach $150k-$200k or have we effectively seen the top for this bull run , imo today will give us big clues.

The wider market will be looking at the jobs report which will effectively decide if we get a .25 or .50 cut at the sept meeting, all in all a big day for bitcoin and the markets !

Lead up to cutting and first and second cuts are bullish for the market but history tells us the wise money starts pulling out pretty soon after the first cut , better to miss the final 10% top than still be holding when reality sets in 3months and -30% later , 2026 could be pretty rough in my own estimation.

Historically ( last 50years) silver trades at around 65/1 of gold’s price , so with gold trading at $3500 today a silver price of $54 looks very reasonable. Both gold and silver appear to have broken out from the summer calm over the last week with silver at its highest point in 10+ years and gold at all time high , with silver trading at $41 the case for silver producers looks good especially when it’s anticipated Trump is going to add silver to America’s critical minerals list on 25th September

Very easy to get swept along with the exuberance but with a potential 30% uplift in silver very possible it’s probably time to let this train just keep chugging along at least until the Fed meeting/ rate cuts later this month, then a little more caution maybe wise .

TRUMP WHITE HOUSE SET TO RELEASE REPORT ON #BITCOIN AND CRYPTO WORK THIS WEEK

THIS COULD BE THE 1st OFFICIAL UPDATE ON THE STRATEGIC RESERVE 🔥

, FRENCH SEMICONDUCTOR COMPANY SEQUANS JUST BOUGHT 1,264 #BITCOIN FOR $150 MILLION

COMPANIES ARE BUYING LIKE CRAZY 🔥

STRATEGY BUYS ANOTHER 6,220 #BITCOIN FOR $739.8 MILLION

TRUMP MEDIA BUYS $2 BILLION WORTH OF #BITCOIN AND BITCOIN-RELATED SECURITIES.

The uk is currently thought to be the second largest nation state holding bitcoin with around 63000 coins that have been seized from criminals over the years , these coins should be put into a sovereign wealth fund , instead-🇬🇧The UK is exploring selling £5B in seized Bitcoin.

Total financial incompetence from Rachel from accounts

That £5bn will be worth £50bn in 5years time .

🇺🇸 President Trump is preparing to open the $9 trillion US retirement market to Bitcoin & crypto investments — Financial Times

CNBC REPORTS ALL #BITCOIN AND CRYPTO BILLS "PASSED WITH BIPARTISAN SUPPORT"

GENIUS IS HEADED TO THE PRESIDENT. HUGE 🚀

Weekend pump before dump around the 22nd July 🤔 or was $116k the low for this cycle , provided we hold above $108k if we do get a wick down around 22nd all is still good and $140k-$150k is in play for the next leg .

BREAKING: FRENCH PARLIAMENT INTRODUCED NEW BILL TO MINE #BITCOIN WITH SURPLUS ENERGY

NATION STATES WANT BTC. HUGE

US LAWMAKERS INTRODUCE NEW BILL THAT WOULD REQUIRE MORTGAGE COMPANIES TO ACCEPT #BITCOIN AND CRYPTO COLLATERAL

THIS IS MASSIVE 🔥🔥

El Salvador President Nayib Bukele met with Pakistan’s Minister of Crypto to discuss Bitcoin mining, strategic BTC reserves, and advancing Bitcoin education.

PRESIDENT DONALD TRUMP CONFIRMS THAT THE GENIUS ACT WILL HAVE ANOTHER VOTE TODAY

🔥 🔥 🔥

ETF ISSUER BITWISE SAYS #BITCOIN IS GOING TO $200,000 THIS YEAR AS SOVEREIGN WEALTH FUNDS ARE BUYING

"IT'S THE BEGINNING OF A NEW ERA" 🔥

Europes first spot bitcoin ETF has gone live today

https://www.zerohedge.com/crypto/first-eu-spot-bitcoin-etf-hits-euronext-amsterdam-exchange

Another small step but a significant one .

Javier Milei who advocates for Bitcoin becoming legal tender won a decisive victory in the preliminary Argentine elections on Sunday , all eyes now switch to October for the final vote .

Bitcoin is currently trading at an all time high against the peso as Argentinians look for an alternative to a fiat currency that’s in terminal decline despite the IMF attempting to impose sanctions on crypto as part of the latest bailout.

Slowly then suddenly, eventually bitcoin eats all FUD .

The South American continent is slowly but surely turning orange #Bitcoin 

Good morning Addi

You may like to see what Hive are doing with their CPU’s , it may or not give an insight into QBT’s thinking . I don’t know the answer but it’ll probably give some clues.

Another piece of troll FUD destroyed ! Not only is bitcoin one of the most ESG friendly industries on earth but the first country to fully adopt Bitcoin as legal tender economy is turning around after decades of decline , not to mention its president is enjoying an approval rating of 80%+

https://dinero.com.sv/en/finances/item/9022-jp-morgan-affirms-that-el-salvador-s-gdp-is-on-the-rise-and-fiscal-deficit-on-the-decline.html

The SEC have delayed ARK’s ETF approval, As we suspected they would , the silver lining is it’s a delay not a denial as with previous ETF applications, the statement released by the SEC is also far more moderate than its previous hard line.

Christmas approval is where the smart money is, with Blackrock been amongst the first batch of approvals , by no means a done deal but the pressure is definitely on GG