Member Info for red_rag_to_bull

Ripped up in the last 24 hours. It's interesting to follow this - sometimes $BTC price can be a misleading indicator. Sitting at just over $93 at time of post.

On the call, they said that they are witnessing that debt/capital raising markets were improving, or something to that effect. News on sale of assets most likely before end of year.

US CPI at 1:30pm btw, but i'm sure most on here are already aware. Might move the BTC needle, might not

Helpful answers - thanks very much.

Does anyone know how the $70M debt is termed out?

KR1 - not interested. It's a sh*tcoin venture fund that is destined to go to zero

For full disclosure, i would sell on break-even and just put all that money in the commodity instead.

Indeed. It's also worth thinking about how Spot ETFs impact the whole Bitcoin infrastructure. BTC Mainnet won't know what's hit it once these ETFs have gone 'live' live. Heard something interesting today from Adam Back who said that miners would ultimately need to remain leveraged for years to come and so become beta plays on BTC's 'fair value'.

Miners could 5x by April according to the thesis that a single BTC spot is $50k today, with fair value range between $100k and $250k by the same date.

Worth making investments on potential of dilution, but that is out of your control really.....

Just hoping to break-even here by April

Don’t see a 5 minute $2,600 green candle very often. I’ve been looking after my kid in half term so not been checking the chart much, but that was pretty epic.

Here's something positive (for me) - you just made my filter list. Goobye

Put the bottle down dude. You talk no sense at all.

My one regret is not cashing in my chips here when it recovered to around 20 earlier in the year and then just buying BTC, taking a loss here. I’d have broken even and erased my losses here based on my existing Hodl and just adding to it when BTC was around 20k

It’s not been up 15% all day.

They've virtually gone no-bid. Got to wonder if the US will ever be interested in buying ARBK ever again after the last two years. Of course, a 60k BTC would help, but I sense they simply feel it's not worth investing in with so many other alternatives.

Sorry, didn't mean to come across as brusque.

Trend is your friend tbh. It's looking strong on 4hr which i use as it tracks well against market sessions. There is bound to be a lot of liquidity at 30k mark, but it's looking like it wants to keep heading north. It really all depends on a lot of external factors atm, not least the US fiscal sh*t show and farcical governmental stasis in the House.

If you don't know why, read the news (both current affairs and economic). Answers are as plain as day.

Worth keeping an eye on this - it's looking like it wants to have a go at ATH ($2050).

If it moves through it this time, lots of algos will trigger and things could go bananas. Gold moves lead BTC traditionally. Things are starting to get interesting and i'm adding to both my BTC HODL and here today.

Difficulty and hashrate have both increased over the same 6 month period. It makes sense to me

10yr looks like it continually wants to pop 5. The volatility on the long end is now becoming 'disorderly' and it's looking worse week-by-week, particularly given geopolitical risks. It's a matter of time before institutions and money market funds start to pay more attention to Bitcoin and actually start parking money there for the longer term. I'm very bullish for the next 12 month period given the fiscal issues. I'd actually be tempted to adopt a 60-40 portfolio (60 BTC, 40 Miners).....

More concerned than I’ve ever been here. Hoping the winter months serve me well though.