Member Info for bonker99

I do like patent play.

Chunky.

Tomorrow then?

VanEck ...

OK, that one shook me a bit.

$67K

Swing trader, 3-4 month swings.

WOW

BREAKING: VanEck has been approved to launch second U.S. #Bitcoin futures ETF to trade next week

Those monthly numbers are on point for me too.

Again, as I said a few days ago - give it a couple or three months and we'll all have a great Xmas before we all move elsewhere ...

HODL

Tesla earnings tonight - I can hardly stop laughing.

Fear not peeps - we take the BTC swing first then pile into the Gold swing ...

"US power generators are selling their megawatts to the grid for about $50/MWh

Grid connected #bitcoin miners are using S19’s to refine those local MW’s into global hashes & being paid #bitcoin equivalent of about $500/MWh

Miners who survived the bear market making 10X gains"

Tesla earnings tonight - I can't stop laughing.

There's the Lambo candle :)

$c68k perhaps but it's defo got $76k+ in its sights now.

NEW ALL-TIME HIGH FOR BITCOIN!!

Gold flying - you can drop that news anytime you like now guys :)

Dude - leverage ........

Why do you think that Argo and the Gold miners have all bottomed at exactly the same time?

Tax free ISA?

That's some incentive!!!

Gold's going right now - BTC has to follow - buckle up.

"55% of Europe’s exports are tied to China’s housing sector".

Ouch.

CHINA SEPT. HOME PRICES FALL M/M, FIRST DROP SINCE APRIL 2015

Yup - I referred to that last night.

This is why Michael Saylor is the Steve Jobs of Bitcoin - statements like that stop conversations and open jaws.

Why?

Because he's right and nobody else though of it before.

If you're the CEO of a big electrical utility company yielding a whopping 1x to your shareholders (with no growth possibilities at all - none - in fact it's going backwards) then you are actually under threat from companies with genuine growth (and mighty financial backing) and a desire/need to make money from that surplus energy you're not using or selling right now.

Utilities are defensive stocks, we all know this but sprinkle a little growth fairy dust onto them and maybe that 1x starts moving up - for the first time ever - happy shareholders, big pay rise for the CEO, cheap/free energy for miners - everyone wins.

I can't help impatient PIs unfortunately - that's their own head battle they have to win.

The MARA engineering focus is fine early doors but big money speaks a different language, cycles, longer-term, growth etc. MARA have shot out in front with the cash + HODL which is the right thing to do early on but cycles change/mature over time and that's where we're at now.

It's very clear to me that Argo & Peter Wall are being groomed.

Think of Saylor/Wall & the MARA guy in the spirit of Steve Jobs & Steve Wozniak.

Yup but recognise that while they've managed to balloon inflation via industrial commodity price pumps this year, they can't do the same next year (to the same extent - because it will kill people on the high street) so as I mentioned the other day, the narrative will quickly flip to recession and all the money they need to print to "save housing" etc - plus trillions in YCC bond yield suppression.

Must..have..inflation..

It's gold's turn to catch up with a +20% move by the Spring.

One more point:

Reading forward here, what you're going to end up with down the line is M&A as an absolute certainty.

That means bigger fish buying smaller fish.

MARA, in terms of cycles, are likely to end up topping out well ahead of Argo whilst sitting on an absolute sh*tton of cash and HODL.

Do they then blow a ton of capex on new kit to keep themselves in the game or do they simply buy out the up and comer with the good kit/better facilities/more business savvy CEO to keep the growth going?

MARA's guy as Chief Engineer partnering with Peter Wall could be quite a pairing.