Member Info for IanH1

I cannot be bothered to check MARA, its depressing....

Virtuallyrich,

Cryptosrus (George), did a piece on the 16000BTC release from Grayscale. Apparently they were bought at a higher price then present and it would make no sense to sell.

Bid keeps increasing. I was expecting it to go the other way with BTC dropping this morning.

Perhaps a background buyer?

Further to the Company's announcement of 30 April 2020, Mr. Habizan Rahman Bin Habeeb Rahman has completed the acquisition of the entire issued share capital of K2M Ventures Sdn Bhd ("K2MV"), which has an interest in 114,361,409 ordinary shares in the Company. Accordingly, through his 100% ownership of K2MV, Mr. Habizan Rahman has a beneficial interest in 114,361,409 ordinary shares representing 26.5% of the Company's issued share capital.

like a FTSE share since about 2.00a.m. - trading in a very narrow band.

It might break one way or the other within the next 60 mins. My short term target $36000...

Looking for BTC to break $34400 and then move quickly to $36000.

on the bid.

Tesla was thought to have purchased Bitcoin at about $36,000, the price prevailing when the company announced its investment in February, but the price appears to have been closer to $32,000, based on its first-quarter financial filing. Tesla didn’t immediately respond to a request for comment on its Bitcoin holdings or trading.

The filing said the value of Tesla’s holding was $2.48 billion as of March 31, when the price was at almost $59,000. That indicates the company held about 42,000 coins. Tesla listed the holding value of those coins—the price it paid for them—at $1.33 billion. for an average cost per coin of $31,620.

If Bitcoin is still trading at $29,500 at the end of June, when Tesla wraps up its second quarter, the company would be sitting on a loss of almost $90 million.

Herdie,

I recently took the plunge and opened accounts with Binance (still waiting for approval) and then Kraken.
Kraken approval was fairly painless and bank transfer took about 10 hours. Email received at all stages of process/money clearance. I then purchased and immediately staked - seems a way round the immediate wallet issue (just my opinion).

best of luck!

Here here

Onward and upward!

That drop below $31200, sparked a nice response...

It looks like a Head and Shoulders has formed since about 1.30a.m. this morning.
I am looking for a reversal at around $31200....

But who knows!

we have some volume and are rising up the LSE charts.

Volume is what is needed which also seems to be low BTC wise.

Kozzi,

You may have identified my issue.

told me not to talk to saylors ;)

I should have qualified...on the 5 min chart. Expecting bounce to occur around $38700-$38800 (fwiw)

In the next 75 minutes there will be a large green candle and BTC will be back over $40k.

Just fancied a change of thread title.

please

Sang, good find!

That type of news should prompt some shorts to close.....