Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
From the it should read
Have you seen the news about Elizabeth Warren anti crypto bill
Remember that she is being lobbied which really means paid off by banksters to hold up crypto and create FUD to bring prices down so they can buy Bitcoin cheaper
A 10% drop is not a crash in crypto in previous bull cyclers prices have dropped 30% .....daily candles of thousands of dollars up and down not for the faint hearted and those with lettuce hands
Expect a volatile few weeks up Jan 10 and if ETF is not approved that could be the big drop of 20/30% until the halving in April and then the face melting parabolic move to well over $100k with or without a US ETF
With US ETF's what price then ?
Getting cramp in my wrist Bowlers12.... signing off
Check out this chart of Bitcoin mined from a basket of our favorite miners for the month of November
MARA mined 1187
I hold all of them apart fro Hive..BTDR...BTBT...DMGI...SATO
You can also buy a EFT that has a basket of miners...i have the Vaneck DAGB all in my ISA so no tax to pay the Commie Tories !
https://x.com/cazenove_uk/status/1734646480516825581?s=20
Also transaction fees are at there highest so Argo will be making cash the from fees
Hope the link was useful the guy puts in a lot of work
The new broker is McNulty's ex employer. ......wonder if that is him heading for the exit the last few days
Large spike in sells ....tip off maybe !
What happened last night was probably a adjustment in leveraged longs
A chart to show open interest and exact timing of the dip https://coinalyze.net/bitcoin/open-interest/
$5B in futures contracts exploding as institutional money wants exposure to Bitcoin
Over a $1B in leveraged longs wiped out because they
degen with to much leverage.
Mine is still safe until $18k+ :)
Something had to break to bring the funding back to a more normal rate
Binance open interest was wiped out more moved to CME
BTC is now at a historic support/resistance level and still up 5% in the last 7 days
ETF could land anyday nothing has changed banksters and institutional money still want Bitcoin so take the opportunity to fill your bags with whatever miners or crypto takes your interest
Late night Bowlers waiting to close a 10x long on ETH ....so was talking to myself
Don't like going to sleep and leaving a stop loss on.....price can wick down 20% or more in minutes and wipe you out and then reverse just as quick and you would of been in profit
Closed out with a 50%+ gain ... not bad for a quick trade
Anybody holding Galaxy Digital ?
Share price went above $40 CAD last bull cycle
Invested or have an interest Marathon Digital
Fred Thiel, Chairman and CEO of Marathon Digital Holding
In 2 parts https://youtu.be/9AXvbDaCEmQ?si=7SlIWHDrfnQwXzds
I find lots of useful information from some channels on Youtube
Bitcoin will probably give you a 2 or 3x from here if history repeats and the bull cycle ends in 2025
The miners will give more if they survive the halving in April
Some newer tech as it gets adopted will give 10 20 100x
I am old enough to be an early adopter of the Internet seen lots of companies come and go as the tech advanced
Every thing will be tokenized from stocks to concert tickets and it will not be on top of bitcoin they will have to rewrite the code or has Dr Craig S Wright who claims to be Satoshi Nakamoto and the author of the white paper done that already with BSV
Just take a look at trouble ordinals is causing to bitcoin transactions
And my biggest bag that i hodl is Bitcoin and probably will never sell it for old world fiat as it now a store of wealth
My biggest gains now come from researching the newer tech and i will sell all of that before the end of the cycle in 2025
Do you watch interviews on Youtube or listen to podcasts that have guests on from companies that you are invested in...... coz i do
As for no value if you are invested in Bitcoin mining companies you would learn what the miners are doing apart from just mining bitcoin
Some of Paul Barons recent guest interviews have from the CEO's of miners like Marathon,Hut08 Bitfarms
Did you know that apart from mining Bitcoin Marathon are also testing the farming of shrimp from the heat that is produced
Here is an interview of Sue Ennis of Hut 08 https://youtu.be/lHDU2P9C_18?si=-uzv-YM_ADT23OJr
Invested in Coinbase Guest is Faryar Shirzad, Chief Policy Officer at Coinbase https://youtu.be/UAJpRqSU0ww?si=StLHackuaF6n2ZK7
You want a Bitcoin Mining Analyst try Antony Power @cazenove_uk
https://compassmining.io/education#subs
https://www.youtube.com/@CompassMining
No need to be rude people... nobody is ramping or shilling anything
just trying to be helpful
Looks like the replies are from people who have never used Bitcoin for a transaction or even hodl Bitcoin
I been buying Bitcoin since 2016 and used it for transactions ...it will never be used for money the fees are to high and try using Eth it's even higher ......it is old tech
Try using something like Solana for a transaction it is faster like instant
I send SOL from DEX's to a wallet like Phantom or my Ledger set up limit orders or PERPS fee is 0.00001
Sent Bitcoin from an Exchange and the fee was over $10
As for ponzi schemes i thought bitcoin was one before 2016 and lots of people still think it is
Jamie Dimon of JPMorgan said the other day that if could he shut all crypto down and yet JP Morgan are testing out the Avalanche blockchain to make their own subnet chain
Visa are testing out Solana for payments because of its speed
Bitcoin will only be used as a store of value a hedge against the falling value of fiat and eventual failure
Reset will be a see all CBDC
Newbie
https://www.youtube.com/@InvestAnswers
Has lots of data
Also https://www.youtube.com/@PaulBarronNetwork
Yeah sort of
If you have big buys the price will move up to encourage people to sell
Unless the MM's take the p+ss and move price down to panic sellers and fill the order
If you have more sells than buys price moves down to encourage people to buy
Still here added a few
Thought we would of had an update on holding by now if it is them selling
Do they need to announce when they get below 3%
At todays bid price think TP have around £594k left but my maths is s##t so might be a bit out
If they TP have been selling they will have less and we should get an update in the coming days
They must be really bitter that they didn't get control of the company
Over £200k in volume today mostly buys Taylors shares will be bought up in a few weeks
if they continue to sell
Then EISB can move onwards and upwards north
You could always buy more and lower your average price