Member Info for CLSKBull

When you say explode what do you mean exactly?

Yes was a nice profit thanks- I had just round tripped a couple of times before to break even and thought I was going to watch it evaporate again. These miners can really move fast.

Definitely don't endorse margin trading on the miners - the higher the leverage the greater the stress and risk to your account. I normally find for a good trade it starts moving in the right direction almost immediately, and vice versa if bad. I use tight stops/levels to control risk - but not too tight or they will get chopped before the price has moved. Really I'm just experimenting and seeing if my trading can outperform my hodling. Trading account is about 1/10 and the rest is hodl. So far the trading is outperforming the hodling percentage wise, but feels more like a dog with the zoomies than the tranquility of just holding.

I am still looking at a potential peak by the end of the year (current guess is around November). Just keep this in mind because when the actual peak happens everyone will be targeting a higher figure (whoever the new PlanB is) and/or the halving narrative. If I get my targets I'm out of this game.

Yes it's incredible where we are just now. 3bil mcaps, ETF's potentially coming soon, supply being steadily eroded, S&P 500 in touching distance of ATH - the ingredients are there.

"That mara margin bet you had must be deep in the money mate."

I made a mess of that trade. Was convinced we were going to retrace and took a profit around 16. Trading account balance is somehow doing ok in spite of amateur hour. Trading tip: don't short Riot.

PW had strong anti-midas powers.

I'll be watching numbers at 13:30 hoping for things to properly kick off. It wants to run.

Chaebol these machines are modified for immersion, so I think galaxy would buy them as it would be no work for them - instant hash. At a very cheap price of course.

To be clear they won't save themselves under their own steam, it will be a raise that saves them and this can only be successfully executed in a bull run in my opinion.

Over a quarter of the way through the hosting contract now. Not expecting galaxy to renew agreement, but perhaps they buy the machines and forgive some debt at that point. Although then they'd still have senior bonds to pay.

Only a bull run can rescue them I think.

Hopefully inflation figures come in low and markets start running.

BTC definitely looking primed just now.

Markets loving bitcoin miners just now.

I thought there'd be a pull back today but it hasn't happened. Do we just carry on upwards? Hope so! Good luck all hope people are seeing some green figures in their accounts.

Pete probably needed the funds at the beach hut for his round.

I think Argo is meant to get a share of benefits from Galaxy's PPA (any details hard to find though).

Riot has a very good PPA and it seems to be what is keeping their share price up. Essentially being paid to do nothing, a pretty good deal.

2.6 times longer Hexam

What did they say when you called them about it? Sounds like once you've resolved this issue you might want to move to a different broker?

Sorry I don't really understand what you are saying?

Is Jarvis your broker?

I think the FX fees are worried about too much. The US miners move the most, so if you're holding for a few days they become negligible. Obviously adds to the pain though if you sell at a loss.

For what it's worth I think BTC will drop anywhere near as low as high 26's and then resume uptrend. Thought it was going to run up last week but it didn't. Think it's just trying to shake everyone out just now. Try to position yourself so that these choppy moves don't hurt you.

128 is my guess.

Will be over 20 by Monday.

Yes Argo will undermine this month. They claimed last month operational excellence or whatever when it was memecoin fees. Will be interesting to see the wording this month.

I'll buy the one that gives me the best return. In a proper bull run that will be clsk, however mara over runs and under runs clsk so it's a good sideways trade for me to accumulate more clsk shares.

Seems to be more successful than my trading attempts anyway. Mara is untouchable now this bull run, but market cap reflects it. Riot overvalued. Clsk undervalued.

Lol, saved by their own incompetence. Failing upwards, the mara way. Shame Argo didn't have the same luck.

Washington was always June. Miners arrived earlier, but facility was never meant to earlier. Quite strong network hash growth for sure, should be back over 20 next week and will look good Vs riot.

Looked for the wallet but none with that balance matched the profile, if it's more than one wallet it will be near impossible. Statement said held on coinbase.

Yes definitely ds.

"Lol clsk bull how many of those shares are dilution ?"

Price action today suggests not many.

"where’s those miners ?"

All good on that front. Later this week for Washington 50mw power on. A couple of weeks late but better than Mara's 18 month delay.