focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Pretty high on the landing page/front page. https://www.theguardian.com/technology/2021/sep/17/waste-from-one-bitcoin-transaction-like-binning-two-iphones
Afternoon everyone! I was an LTH up until late May and really sorry to see what's going on here.
I hope that Anne lays some paving slabs down for either data that can be viewed positively by potential partners and some sort of positive conclusion with Oxilio.
All the best to those hanging in there - really hope that some positivity emerges in tangible form!
https://cointelegraph.com/news/bitcoin-mining-difficulty-drops-for-fourth-time-in-a-row
PS. Goodbye to lumphammer
Totally agree with this....
I don't bother posting here anymore as it's drowned out in digital litter. You've got to looks at the macros to understand what's going here. It's uncertainty in the macros that has driven BTC lower, but the recovery (which may have slowly started) is happening due to greater certainty in macro modelling. I am not foolish enough to predict what BTC/USD is going to do, but I really do believe that inflationary pressures are well underway and if we see the top end of what has been suggested, we could see ATH in BTC/USD around the turn of the year. Still too many moving parts at the moment to know how ARB is going to be at that point, given we will be getting closer to operational in TX. Hope all LTHs i've liaised with on here are well. See you in 6 months!
Hi all. I have sold out everything in NFX today at a loss. Despite averaging down over the last two years, I simply do not understand the company any longer and the reasons I originally invested have become very blurry in the current situation. Wish all the LTHs in here the best and hope it turns round for you.
Oh, forgot. Microstrategy Q1 Q&A is 10pm Thursday. Might be worth a listen i reckon.
Enormous battle between buy and sell between 54-55k in the last 6 hours and marked by the last month as key resistance line. As a few say on here....weeks and months, not days and hours.
Could be a very pleasing end to the three-day weekend. Lots of snooker on too. Which is nice!
Hello all.
Huge consolidation in BTC at mark price of around $54k. Sell offs are good for miners remember, and those with bleeding edge machines + known high margin.
Currently thinking - can I afford a place in Paris as well...?
I think you're looking at the wrong metrics tbh. No offence intended.
Although I don't approve the look, the guy knows what he's talking about in terms of questions and general natter about the metrics that matter: https://www.youtube.com/watch?v=TlCQvUD5cXw
Evening all. I'm an irregular poster here (but got a decent holding).
Looking at the Blockchain.com charts this evening, things are looking pretty peachy for the end of month update. My only concern today is how far the FUD can spread really quickly. The Binance story seems to have been a 'fart in the wind' but it definitely had a pop at the BTC spot at the time. Interesting learnings though.
Reckon that BTC seems to be locked into a bottom test of 56k over the weekend, which i find amazing considering i've been in since 2k. Don't see a 60K test yet.
Anyway, in six months, today's ARB close is going to be a dot on the landscape in the rear view....
ATB and keep HODL-in
Golden cross is just about to happen. Excellent marker for the bulls to push on north.
$53,200
Almighty tussle going on over BTC at 50k. Interesting if this breaks above on the 4hr chart at 8am.
Terrific stuff in today's RNS. I'm expecting to see Peter's phone being pretty busy with researchers/booking agents to get him onto the media to talk about his salary announcement. All great PR as everyone says.
Looks like BTC looking to test resistance at 50k again. If it can pass 52k, it could really make a serious move north. Exciting times here!
Agree with all of that.
Check out the one hour chart as of now. Amazing, picture-perfect hammer just formed up to 3pm and crazy volume in the last hour.
My final thought of the evening is this. Saylor's argument around property/BTC is the most compelling. We are entering into a world where the transience of ownership becomes more relevant, so I see my BTC HODL as an asset like property would have been 40 years ago. When the ecosystem evolves, I will borrow against it to fund an actual property, but I will not have to sell the asset. It's the protection on a Fiat loan. From a personal perspective, this is very enticing. From a corporate perspective, this funds rapid expansion and borrowing when needed, in an unpredictable world. Sorry to be so highfalutin! :)
If i recall correctly, Facebook's Libra was basically seen as being anti-crypto due to security concerns, even through an association of payment corporates such as MC, Paypal etc (most of which subsequently pulled out). The most interesting thing about BTC is how it is swatting aside potential new entrants. Crypto hornets are doing what they said they would do and basically swarming on new competition, however much fiat they throw at it.
If you invest in BTC (pure or by-compliment), you are throwing more hornets in the way of those that wish to disrupt. It's becoming very difficult and even the might of the FANGS are not as powerful as they think they are. Plenty dollars of which are tucked away in the Asian territories.
Neither a ramp or deramp btw. I've got 20K tickets here and in this for 5 years min.
I can see what he's saying, but that's getting on for Dutch Tulip bubble territory.
The thing here is that BTC and Fiat are going to become codependent, but that's going to take time. This is a growth phase with potentially exponential gains, however there is that codependency that is going to move things in an upward direction. At the moment, only the first saplings of that ecosystem have emerged.