Member Info for bonker99

All they have to do to "raise rates" and keep Gold pinned is to stop spending public money buying our own debt whilst filling their personal boots with Gold/Silver/BTC etc ahead of YCC and monumental, unstoppable inflation kicking in.

Nice.

It's one of the leading inflation indicators that will balloon gold & silver for us eventually.

Nice.

As much about time as price now I think - maybe they've got a couple of weeks, maybe they haven't ...

Lift-off @ >150p according to my chart:

https://twitter.com/bonker_99/status/1449430675258548226

I've doubled my holding from a 113p average to a 119p average - crazy that I could still buy at 125p this morning.

A note on that weekly close/RSI level on BTC where it 8x bagged from $2.6k to $2k in a five-month drive:

Doing that again would put BTC @ c$500k which would make Argo's current BTC HODL worth around a billion Dollars - around 50% higher than the current mcap.

Food for thought - hold onto these shares ...

So, that BTC all-time high weekly close last night sure looks good.

FWIW - the weekly RSI is at the same level now as it was when BTC 8x bagged from $2.6k to $20k would you believe so who knows what happens next with the ETF kicking off this week.

Still holding at $62.3k right now.

Bitcoin all-time high weekly close secured.

https://twitter.com/bonker_99/status/1449888158812884994?s=20

Not there yet - as I said earlier I have a reasonable expectation that it would cool-off to mid $50ks this week and that may still be the case but it's interesting at least :)

ATH daily close is $63,588.

As likely as not it'll be stepped on which is fine - no problem for me to see it go sideways-down from here - it's all constructive now IMO, up or down.

Locking in $60k support would be something of course but it's not my expectation that it will do that right now :)

Well that just caught my attention - BTC just broke out of a Bull Flag on the hourly hinting at an ATH weekly close @ >$60k and, perhaps, an ATH print @ c$67k.

Anyway, lest my chart stuff, and the comedy on Reddit get lost amongst all this Warren Buffett/bubble/oil tripe, here's the Reddit post with my Argo chart for those who care:

https://www.reddit.com/r/ArgoBlockchain/comments/q9hiya/argo_looking_to_rip_on_the_back_of_the_current/

The Twitter link to the chart:

https://twitter.com/bonker_99/status/1449430675258548226?s=20

and my BTC chart:

https://twitter.com/bonker_99/status/1449429915858837504?s=20

Have a good one y'all - catch you tomorrow :)

Nothing but nothing will make you richer, quicker than catching a bubble at the right time - especially on Wave Three ...

Agree with the oil shout BTW - I said so many months ago but irrelevant on here other than that's one of the artificially induced inflation instruments that will drive both BTC & Gold sky high from here.

Evening.

Yes, well, sometimes "delays" are to your advantage :)

Cora bottomed at thruppence last year and is now at mid teens.

This bottomed a week ago - I suspect that's your answer but it's not too late to get more, admittedly at a significantly higher price than 15s unfortunately but I see nothing but good news rolling in here over the coming weeks and months.

Dugbe DFS and Kourossa production both within a couple of years timed with a booming Gold price - further drilling/assays could drop at any moment - you're not going to have an issue 4x bagging this over that timescale and possibly much sooner than that.

He does sound a tad tense, yes :)

I think he and his mates/other accounts are downvoting on Reddit but it's all fair game on SM - probably doesn't help that my Argo & BTC tweets from yesterday seem to have picked up a fair bit of traction :)

So the read here for the next week or two is that those guys only have a couple of weeks to close out/get in before something significant happens.

There's the BTC ETF this week + the latest BTC mining/energy conference on Tuesday.

My current read is that it's likely that BTC will print $56k this week unless it sets a new/current high @ > $63k first - if BTC prints c$56k this week (Wednesday/Thursday?) then I'm going to be breaking out the popcorn for what happens next.

My worst case scenario - timewise - is continued price suppression until mid-December and then, again, something else will happen but I hope you appreciate that calling the short-term ups/downs here and on BTC is as difficult as it ever was.

One thing's certain - the BTC chart took on a whole new meaning this week and that will have caught the attention of very many people/very much money - it looks a dead-cert for $100-$110k now IMO.

Afternoon.

Very, very good post Lotto re the younger generation - they know they're screwed - if they ever want to own anything, even a car, then BTC looks pretty good to them - some will inevitably get rekt of course but that's the game.

RE the BTC multiplier - that kicked off at $10k so I've no problem suggesting an even 100x at $1m down the line - possibly as soon as four years from now - and on that basis I'd suggest people sharpen their pencils and start factoring something along the lines of a 10k HODL for ARB by then at $500k-$1m each as an mcap target.

That fits with my ultimate target here of £12 (10x Friday's £1.20 close) - a target that incurred the wrath of a pro deramper with big negative karma on my Reddit post/chart last night :)

https://www.reddit.com/r/ArgoBlockchain/comments/q9hiya/argo_looking_to_rip_on_the_back_of_the_current/

Saylor on it again - whatever you may think of him, he is some salesman.

#Bitcoin is the Kingmaker.

https://twitter.com/saylor/status/1449469488496250882?s=20

They may well use that to drive straight through my $75-80k target to $100k.

Don't touch that dial.

Amongst other things ;)

Evening all.

I've put an ARB chart together - BTC chart as a reply too:

https://twitter.com/bonker_99/status/1449430675258548226