The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Let's hope we're soon deep in the $28k's , will be throwing some top slice back in the game
Don't forget clsk were an energy company before mining
In the next 4.5 yrs over half of all the unmined 1.5 mllion remaining btc will of been mined !
It will also down to just over 1.5 btc per mined block reward then too.( 2028 halving)
The next bull run around next years halving, could well be the last decent one imo. Don't expect many will be prepared to watch their gains disappear again in the following rypto winter.
Yep guess your right HC. I sold what had brought last week to trade i,n a panic when there was no bounce. Seems there was no rush.
Will top up my other miners with it.
How on earth is the sp so high after this drop on top of everything else
"Unfortunately I believe this will fall at least 20% by the end of the day. Wish I could be totally wrong!"
And your going to hold for the day! ... pure genius!
The one good thing here is , there are enough lunatics prepared to buy this at 18p even knowing a drop was coming. Looks like there is a good chance to make some money to me with this drop fingers crossed
"For me their one last chance of meaningful survival is a bitcoin bull run, rally to ~30p and then pulling off as big of a raise as possible at ~25p."
That's true HC but the trouble with this is..... they can only raise decent funds if in a bull run.. by then its too late to buy rigs at a reasonable cost being in the bull run they will be sky high.... They will just limp along at best and be gone when the bull run is over imo
Haha indeed.
Tell us every day its going up for no reason!
But never when they’ve sold ...until after it tanks ... then they've miraculously sold but kept it too themselves at the time ;)
Let's hope no newbies here listened to the same old clots ramping this recently
Miners will fall more than btc bit raise a lot quicker.
Personally I think the next bull around the halving will give us great returns with all miners but it will be the last ... the following halving when their mining just over 1 btc a block surely can't work out well for miners....the btc price would need to be huge.
Take a look at comparing miner rises to btc over 1 month , 3 months , 6 months or a year Jamesy.
Double to 5x more gains in miners
Evening PI
All good thanks mate, hope you're too.
My main holding is hut8, have mara & clsk too.
I top slice 33% every 50% gain now.. not been the best strategy of late but better safe than sorry hey ... & i wont be so upset when a pull back happens as will be adding
Well done on your 40% Chopsing....Plenty more opportunity's a head mate.
Got to be a pull back soon I'd of thought. Probably when Blackrock etf is knocked back
Amazing gains all round. What an opportunity to print money with the American miners over this next year will be!
The sale of 33btc in equivalents would be pushing to wards 1 million, plus a month of gains.
Could explain staff reductions too!
Reporting they are holding only btc and not btc &equivalents now, I was hoping they had shut down argo labs ...33 in btc equivalents gone from hodl this month
In under 5 yrs time which ever miners are left ,will be getting a mining block reward of only 1.56 btc!
They better hope btc is a massive price by then.... & even if it is ...they would certainly of hoped they had held on to as much as they could of.
Hear you HarChris
All part of the same merry-go-round really, of spending
There will come a tipping point down the road after the halving when most companies will wish they just kept hold of their btc and never tried to compete by selling it off