Member Info for K3VMC

£75k, but the price isn’t moving.

Note that WINS have been on the bid all day. I may be very wrong here, but they may be filling another II order.

https://twitter.com/k3vmc_invest/status/1407681758582161414?s=21

IIs keep buying cheap, as PIs listen to trolls and sell cheap.

Can’t go on like this for ever. I hope those trolls are getting their cut.

Keeponlosing

“ don't think we'll see those last 2k of shorts disappear for a while - shorts peaked at 25k on 15 June when BTC had a high of $41k so they'll probably be holding out just a little while longer.”

I have no view on how long they’ll be there. They dropped 14k between 15th and 20 June and about 8k since then. The last few thousand have to be bought back at some stage, which will lift the sp from wherever it is at that point in time.

I won’t be surprised if we see more II buying reported after cop, so they have to be thinking about getting out before any possible squeeze.

Just my opinion. I’m in no hurry for anything.

“enough of this crap”
Agreed. Filtered.

“dont bully me chap.... or else”
Loving the irony! Thanks for that!
:-))

Musicman_99

“ fed up with dead cat bounces... then my ARB and crypo shares go down again :( just dont know what to believe anymore. taken some money out of here now.... gone into trad mining areas”

Again? You posted that days ago. You should write things down, then you’ll be able to remember things like your 47/69p entry price.

10,882 down to 2,079btc.

https://uk.tradingview.com/symbols/BTCUSDSHORTS/

Already tweeted to Carl Smythe. Just teasing.

https://twitter.com/k3vmc_invest/status/1407605931660255236?s=21

gspanner, thanks for reposting. I got half way through and got distracted. I’ll go back and watch the rest. I really like the way Argo collaborates with others.

Those who share, get more.

misterbec

“ K3VMC Yes a predictable answer that I expected from you. Too scared or too ignorant to make predictions because you know they will catch you out - it allows you to spin the figures to suit your own agenda at the time. Coward and a fantasist you are.”

Thank you. Im not scared to make predictions, I just don’t see the point, and of course, if I did, sometimes I might be right and look clever, but other times I might get it wrong and look stupid.

Ignorance of the future is something I can willingly accept.

I’m not aware of spring any figures, but please correct me if I am wrong in that. The only figures worth having at the moment are the price of btc and the number of btc mined by Argo every month. Maybe $32k average for June and 163 coins + new machine factor + reduced difficulty factor. Maybe 180-190? That’s a complete guess, but even without the uplift, we are looking at a run rate of £3m/month gross profit, down from £6m/month since the drop in btc. Maybe £45-50m for the current year. Add in the btc hodl and the lack of debt and I believe we have an excellent investment in ARB over the next 6-12 months

How that plays out on a daily basis is a topic for day traders, but I have been concerned for the PIs that have been frightened off by trolls. Sad, the things some people will do to make money.

Anyway, other fish to fry.

ATB

https://www.cnbc.com/2021/06/14/americans-inflation-fears-reach-a-new-high-after-consumer-prices-jump.html

46m Americans own btc, so must be aware of its promotion as a store of wealth against inflation. The more media attention there is on inflation, the more they will want to buy btc. Once President Biden’s much needed $6T infrastructure spend starts to roll out, commodity prices will soar, dragging up inflation and btc along with it.

Happy to listen to counter arguments to that view.

drlong must be on the afternoon shift.

Stnz, I’m in the discord group. I just like the LSE format. Plus, there aren’t any trolls in there.

misterbec, I don’t do predictions. Well, “up” over the medium term. Three to six months, would be my bet.

I don’t even mind you talking your own book and flip flopping with every trade you make. I just hope people don’t think you know what you are talking about.

misterbec

“ agree SR123. Looks like a false rally. A fake out.”

Wishful thinking. Nothing wrong with that. And yes, please keep me updated with the btc price.

“ I still believe the downtrend is in play, and Bit will drop to $25-$24k so I will be aiming sell all the shares I purchased on the spike tomorrow around 130-135p.”

I guess you bailed out lower. I’m holding on to my buy. If it drops more today, I may buy more.

How’s the $25k btc looking?

I had to pay 50p pre open.

I could see NYCT paying cash for this test. Such an easy route to market and a quick cash out for Trevor.

Trevor likes a quick cash out, as we know.

Eddie563, I admit to dipping in and out of the Scotland game - it brought back too many sad memories. I’m now cheering the Welsh and the English!

World Cup to look forward to. :-)

Good morning splatted!

Let’s see what fiction we are presented with today. Trollyvision was obviously on the blink yesterday.

Headed

RE: Clearly, you trolls are not following the money!22 Jun 2021 13:36

Eddie563

I posted that tweet on this board yesterday at 13:36, moments after I posted the tweet from Mike about institutions buying £960k ARB.

“ £750k bought yesterday?

https://twitter.com/marcjonesy/status/1407307132018507776?s=21”