Member Info for DSFLAT

Early Bitcoin holders that sold at $2, $5, $10, $100, $1000, $10,000 or even $20,000 are sat wondering WTF made them sell when all they had to do was not over expose themselves and wait....

Same thing applies here imo

Given that Institutional investors are clearly entering this space why wouldn't you simply take a long view here and see what you end up with.....

Not financial advice
WTFDIK
Don't Eat Yellow Snow
At the end of the day It's all a load of cow testicles anyway :-)

I thought it interesting when Michael Saylor pointed out in an interview that the big Gold miners sell all the Gold produced whereas Bitcoin miners HODL as much as they can.

For any newbies:

https://www.cnbc.com/quotes/ARBKF

MARA have a $2.5B MCAP

Jeez is it too much to ask for an edit button on here lol

MARA have a $2.5MM MCAP, don't actually mine much more than ARB right now but they do have highest disclosed rigs on order, coal ops in Canada but they lack a large facility of their own going forward.
RIOT recently paid approximately $651 million for Whinstone, America’s largest Bitcoin hosting facility which will be comparable to Argo's Helios facility when fully built out.

You can see where I'm going with this...

Obviously i'd prefer ARB to keep expanding etc but I think they may be in someone's shopping list in six months to a years time..

All imo wtfdik etc

Long & Strong
Early Days Here

Plan B Stock to Flow model could never have expected half of the BTC miners shutting down in China and undoubtedly selling off crypto to pay for relocations etc.
This is rarely mentioned in relation to S2F but the significance of this should be considered.

RIOT recently acquired Whinstone US, Inc for approximately $651 million.

Basically Whinestone was a hosting facility comparable to Argo's Texas expansion.

https://www.globenewswire.com/news-release/2021/04/08/2206616/0/en/Riot-to-Acquire-Whinstone-Creating-a-US-Based-Industry-Leader-in-Bitcoin-Mining.html

Interesting to consider that Texas could arguably be worth more than the current MCAP when built....

splatted i've been looking at Eriba caravans

So cute (heart emoji)

The boat club threw out (gifted me) 1 case of Moretti
Tho cases of London Pride
A case of Courage
& a case of Spitfire
Oh and 30 hot dogs (no good to me as veggie)

Hot as hell on the beach today so gonna try to polish of the booze lol

God it just feels great without the fudders on here !

As I see it after a few beers, the fund raise at 200p was ridiculed as stupid cheap by everyone.
BLOK Holdings added at 1.60p and continue to hold +20M shares as of yesterday.

OK you have to believe BTC goes up (it's what it does long term)

The sp is cheap as chips

Right onto Moretti number 5 lol

On my 4th Moretti..
Only another 20 bottles to polish off lol

Well done any newbies and of course the LTH's that didn't flinch at the incessant FUD spreaders.

Onwards & Upwards

My thoughts are that MS is already mining BTC on a personal basis.
EM and or any yet to be announced BIG players will also most likely want to get closer to their investment in BTC.
Just makes sense to have more control and insight when you invest in the Billions.
Who they buy or how they do it remains to be seen but it does feel inevitable:-)

I've just been given a crate of Moretti that the boat club had to throw out.
I topped up first thing this am.
The free beer tastes even better sat in the sun today for obvious reasons.

Long & Strong
Early Days Here

11% of CENTRAL BANKERS

It starts with 0%, then 1%, then 11%....

You see where this seems to be going

https://news.bitcoin.com/11-of-central-bankers-consider-cryptocurrencies-like-bitcoin-gold-alternatives-ubs/

Time will tell but do your own DD and question everything & everyone

Kevin Zhang, vice president of business development at Foundry, breaks down the latest developments surrounding China and bitcoin mining.
July 6, 2021
https://unchainedpodcast.com/category/unchained/2021-unchained/

Talks about China, Bitcoin Mining Council, Immersion mining, Hash drop...

I thought this was one of the best interviews I've heard on BTC mining

The Israel Investment Fund Group (IIFG), a group that manages the sovereign wealth fund of Israel, has announced that it has invested a massive $2.3 billion in Bitcoin.
https://coinnounce.com/israel-investment-fund-group-invests-2-3-billion-in-bitcoin/

In the conspiracy world Israel is considered to be the Puppeteer.

This is Huge News

I like seeing Poptimist having a rant..

Makes me chuckle imagining his reactions when air traffic control told him of a delay in take off when he was taxiing with a plane full of expectant passengers.
Pop thinking ffs the sooner we get there the sooner I can chat up the frisky cabin crew :-)

Lark Davis
46,941 viewsJul 8, 2021
https://youtu.be/MSVbN5EPYDM

In yesterdays video Lark covers BTC charts, news and his views. I thought it was a good watch...

https://youtu.be/9KbOXG0EMuY

From June 3rd RNS:

To meet the balance of the order, Argo has also increased a previous order from a second manufacturer from 70 PH to 80 PH, delivery of which is currently scheduled for July 2021.