The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Reasons for crash - very simple. Far too many millennials and gen z'ers using too much leverage and putting the whole market at risk so they needed to be taught yet another lesson again by the big money that wants crypto to go a lot higher (mainly for themselves) and doesn't want this pathway wrecking by a legion of get rich quick, insanely leveraged to the hilt, snot nosed kids, threatening to kill the goose that lays the golden eggs, so to speak. I'm actually very pleased that so many of these fukwit gamblers did get liquidated and wrecked in the process as these idiots are jeopardising the promise of a very bright future with their irresponsible stupidity.
Good job and good to see other people get it too. More and more people are finally waking up to just how wildly undervalued Arb are and the massive upside this represents. This is not just a pure mining play. The risk and opportunity is spread across the blockchain and crypto landscape with interests in mining, defi, web3 etc. Multiple positions and interests to take advantage of the future. Exciting times indeed for all invested.
So far behind the curve that highly unlikely the UK is ever going to catch up and will be left behind as other first movers and the rest of the world adopts blockchain and warms to crypto. So sad and pathetic but the City players have had their comeuppance coming for years and are about to be consigned to the graveyard of a now fausty but once golden era. This country has signed its own death warrant and is officially about to be buried.
What must it feel like, to be so morally bereft, so self-corrupted, to sell one's soul for fractions of pennies on the pound to earn a crust, nay crumbs, spreading fuddag? Look at yourself in the mirror and ask yourself, seriously, is this really the highest you can attain to in your life? Is this all you amount to? And if, after this, the answer is still yes, then I extend my deepest sympathy towards you as your degeneracy is leading you truly to a very dark place indeed brother.
Reasoning and evidence? Knowing how MMs operate and strategise is enough reasoning and evidence for me. The MMs provide the liquidity, the MMs dictate the price. They are not running charities and they are not the retail investors friends. Anyone who has been in this game long enough knows this.
A run up to the £2.40 mark, pause and then slight pullback, just enough to get all the idiots, traders and bizzards to weigh in at which point the MMs will move the price swiftly north, locking out most of those who jumped ship, took profits or cut losses and then got left behind. With the feeble, feckless and reckless out of the way, plain sailing of a solid vessel into deep, rich waters.
Could be. Could very well easily be and Bids already have the immersive technology in ad terms. No reason why that couldn't be turned into other uses also. Good to know they have a head start into the future of all things. Question is, will Draper capitalise on this golden opportunity or will another player snatch the tech at a knock down price (still a lot higher than the current sp) and manifest it's true value?
Bearing in mind where BTC and blockchain are eventually going, i.e. this is the future and only going up with a few dips along the way, I firmly believe that this represents one of those rare opportunities where obviously a few will sell in the run up to £6, £8, £10 etc but in years to come that will prove to have been pennies on the pound. Like having bought into FB, AMZ, GOOGLE, APPLE etc in the early days and having sold out on the double or treble, only to then watch it 100x or more. Remember, the institutions are not best pleased that retail beat them to this space and are looking to effectively acquire, monopolise and dominate. Regardless of any fuddag they put out, they want your positions (so they can sell back to you later at multiples through the myriad of funds and instruments they will create).
Yep, most of my trading now done in the US and elsewhere. The day I finally realised just how rigged the UK market is, particularly against retail, was the day I started to make a lot more on my positions. I hope that in time ARB completely sever ties with London altogether and go fully stateside. And not just ARB but any decent, self respecting UK listed entity that has any respect for itself and it's shareholders.
MMs in London, not liked? The old boys club is globally despised more like which is why the London Stock Exchange is now seen as a Pariah globally and why PE is currently taking out more undervalued UK companies at levels never before seen to be delisted and relisted on exchanges where manipulation is not permitted to such a degree. The damage is being done right before the Govts eyes but hey-ho, no worries because they're in on it anyways. A rat pit that needs what rat pits need.
Just in case anyone isn't aware and wishes to avail themselves of some solid fundamentals. Have studied blockchain and crypto a lot over the years but nevertheless, I wholeheartedly recommend this comprehensive and thorough course if only to see just how serious Michael Saylor is about educating the masses in all things Bitcoin. Full on crusade. Plus, it's a valid US recognised qualification, if that kind of thing matters to you...and it's gratis too, if that matters to you also.
https://learn.saylor.org/course/view.php?id=468
A huge run to the upside. Classic moves to repeatedly decimating the shorts until the bears are finally sickened into such submission that they'l have no more fight left, clearing the way for the huge moves upwards.
Something brewing here. Lots of accumulation has been going on by parties in the know, it would seem. Seen it before with other examples just before a major, game changing announcement. Good luck y'all!
My sentiment entirely. When this rips a doubling and another doubling could occur in very short order and I wouldn't be surprised at all to see circa £5 by the time of the NAS listing. And a helluva lot more if BTC rips to anywhere near some of the predictions.
Just in case anyone isn't aware and wishes to avail themselves of some solid fundamentals. Have studied blockchain and crypto a lot over the years but nevertheless, I wholeheartedly recommend this comprehensive and thorough course if only to see just how serious Michael Saylor is about educating the masses in all things Bitcoin. Full on crusade. Plus, it's a valid US recognised qualification, if that kind of thing matters to you...and it's gratis too, if that matters to you also.
https://learn.saylor.org/course/view.php?id=468
Aye, that and smart contract updates. However, there are many, me included, who believe Japan is not priced in yet, plus it's still very early days for ADA in this bull run, plus there's lots of Institutional interest so expecting a pump to at least $10 from the current $2.92 ish. That's on the conservative side. I wouldn't go anywhere near as far as the $150 currently being bandied around but a 3-10x should be more than doable. NFA, of course.