Member Info for the_Chuz

I've not been able to buy or sell through ig on this stock (in cluding arbk) for about a week... Not sure how it is through standard brokers..

My money is on a share issue within a few months.

Just bouncing off again, we need to smash through 32k then the short squeeze should catapult us through it then we can have this 30k as support again and not the significant resistance it's become..

Smash 32k and we're off anything less and we are bouncing sideways.

Btc now green - quite the over reaction.. The SEC will get the required level of detail in the coming days and weeks and that will be that.

"Interesting scrap over 31k BTC. 31600 is a very big level on the chart. Not a lot between that an 38k based on the weekly."

Needs to clear and hold 32k and then we're on our leg up, 38k, 44k 48k 55k.weve still got a way to go and it will take time but we will get there.

It's actually almost amusing, oh what webs they weave.

Every time btc gets a kick the paper hands fold, which drops it a bit but then it pops back up.

Btc is demonstrating that it it practically enevitble, all these knocks just show investers that it is resilient and there's massive appetite for it. Gary does what Gary does and yes he can have a impact but that impact seems to be weakening with every kick.

I think someone needs to grab the SEC by the shoulders and give it a good shake while shouting 'Bitcoin doesn't care what you day, you are noise'.

Other nations including the UK are starting to embrace crypto, the US appears very much anti crypto, the US will lose out and have to strong arm itself back in.

Well.. It looked like I did buy the spike after all.. Typical.. And to top it off I also bought tesla.. Add to that I couldn't short ARB.. Time to turn it all off for a bit haha

"Right about what mate? Can’t remember what I said lol"

About not trying to play the market and just leave the shares alone.

Well I called that completely wrong and it cost me 5% which is annoying, had to rebuy when it hit 30.7k.

Of course, now that I have re bought it can plummet over the weekend so I can have a good think about why I bought a spike (again)

stnz, you were right and What ever I do, do the opposite.

It gave me an opportunity to rebalanced a bit though, even bought some tesla for long term which I am sure I will sell well before I should.

The moment of truth now foe btc.. Will it break resistance or get it's last rejection back down for the retest..

Either way today should be the day we find out.

Bitty is having a good go at 30200, just doesn't seem to be able to make it this time, I wonder how many more goes it has before some capitulation.

"35

BTC looks like going to break through to 31000 / 32000 we could be around 15 /16"

Looks more like another rejection at around 30k to me and most likely set for a fall back to 28.5k maybe..

Still all good though, the trend is up.

PI... Been there done that so I know how it feels, then I diversify and then end up back in crypto to heavy anyways,

My trend direction seems to be about right but my risk management sucks, I'm either all in or all out which is stressful.. One day though Rodney we'll all be millionaires

28.5k btc is my magic number but I'll probably bottle it before then and buy back in. If mara and riot can lose around 15% today then I'm back in regardless... Its a risky game being out.. As we both know it's sickening to watch it rocket when you've called it wrong.. Done it too many times but I equally don't like it when I kick myself for not following through with a directional decision thsts right.

Damned if you do damned if you don't.

PI. You didn't evenast a day, not even half a day, such a btc crackhead

I think the tick up will be swiftly followed by another wick down so for me there's no rush.

I am annoyed I could short argo earlier when it was 20% up, I would of made some decent beer money.

I just sold mara and riot as they looked weak considering btc price, I've seen in the past where the miners lead the btc price so might be in for a drop.

Or that's also whatoat of the other dumb money thinks so they are selling ready for the tutes to wipe the floor with us.

I feel a revisit to 28k coming, who knows though, the market is designed to catch us out and make the wrong decision, although come us market open I think I'm going to drop mara and riot and try to rescoope them tomorrow.. Just feel bad mojo in my bones

"I've got loads of profit in, it was getting really stressful for me, constantly watching bitcoin, I'm going to sell the rest of my MARA and all of WULF today. And take a little break from crypto. I've just booked a holiday for four weeks, for the whole family, flying out beginning of next month. I'm hoping I don't look at shares for four weeks and finally have a few good night's sleep lol."

To be honest you were getting a little punchy :)

Annoying it can't be shorted with IG Trading due to market conditions.

I'm not one for shorting, it's been years since I placed one but this just seems ripe for a bit of a tumble

"Thoughts on the BlackRock developments chaps?"

Maybe something big but also might be a giant nothing burger. They are involved in many many financial aspects directly and I believe even more indirectly.

If they wanted to disrupt the market.or play big in btc they have the financial firepower to do so without a ETF / Trust.

For me there is an alteior motive, I just don't know what it is, the outcome to all of it would depend on the motive.

"I would have thought that any miner that can keep production costs down and overheads proportional to business size would have a decent chance of continuing profitability?"

Not sure it works like that, for me it's like the highlander.. At the end of it there can be only 1.. Or maybe 2 ha.

Whenever new miners come online it gets harder for everyone as the difficulty increases.. ARGO will need to spend buckets of cash it doesn't have just to stand still as the likes of the giant US miners increase thier hashrate and the network hash.