Member Info for TheProphet

I have just spoken to Halifax and they said that they have hundreds of accounts with BCN shares in limbo, and are still awaiting payment from the takeover. Their last communication was 4 April 2022

Anyone been paid out with their shares held via Halifax?

Just seen the twitter message about buying arb tomorrow.....I have freed up another chunk of money to buy some more.
Anything to burn the shorts at the stake!!

No, its just excited retailers over the weekend, as the volume is low, and can move the price up easily
Then the big boys are back on Monday and take profits on the rise, thanks very much they say!!

I think it'll be Tuesday. Its not a coincidence that he'll be with MS that evening in the US
I certainly wouldn't want to short on Arb right now!! Big July figures coming I feel

I trade Bitcoin on a regular basis now, with the sole intention of gaining more and more coin, so I’m quite happy for it move around, and it is quite a lot. Everyone’s reading of something is always different, but as I hodl a significant amount of Arb too, personally I would like to see BTC heading back up soon so Arb can track it

It could be 30k or 50k by morning! Extremely volatile tonight

Watching Bitcoin tonight, it has a stronger pulse and is looking to break to the up side!
40k by morning looks a good possibility now.
“

@TheEconomist
Nice!!

“ People simply weren't sure which way BTC was going after the close so sold out”

Nope, that’s not what happened at close today. Anyone watching level 2 trades can see it was a sudden drop of the price on very little volume. A tree shake at close, and will be back up tomorrow.

I agree that in general people aren’t sure what Bitcoin will do short term, but that’s mainly because the whales are playing tough games right now, and they’re stealing all the cookies from the cookie jar from those with lettuce hands.

"Perhaps we have all just run out of money, now?"

I know I have!! But I still couldn't resist adding a small trading chunk at 16:29 @ 153, the price was dropped very quickly at the close!

Terrible article..........I think they have managed to get just about every figure wrong IMO. Bitcoin will be much higher, and those revenue figures will be nearly double those stated, especially for 2022. And they must be calculating based on a less than $30k bitcoin, looking at their expected margins!
Didn't even get the ATH peak price right!! But apart from that, all publicity is good publicity
:)

Hi 600,
This monthly update is unique in many ways. And one of those is the reporting of revenue in £ when we don't sell anything!
Revenue is income, and our income is btc which shifts drastically in value (at the moment). So if we report May as £6m based on current bitcoin value, by year end accounts that could be twice as much, 4 x as much, or dare I say it, half as much!!
I suppose its just a snapshot in time of btc vs gbp at the time of reporting.

Anyway, on the above basis, I expect the margins to be lower as btc is lower. Thats how intrinsically tied we are to bitcoin right now, for those that think we aren't!

I wouldn't imagine PW sees BTC as a "gamble" he gets paid in it

Yep, just grabbed another wee chunk of Bitcoin. Buying a few chunks every month! It’s only going one way! Ignore the FUD
Arb £2 by end of the week!

Morning
The ultimate fact is, no matter what Blackrock are, who they actually handle money for, the bottom line is they want Bitcoin and they want a feck load of it. And then they want the price UP!!
I am putting more in btc today, and riding it with them......... This is only going one way LT!!

Isn't the game starting to finally reveal itself? Big boys have missed out, and they play a mean game to get in!!
Bigger names, and bigger buyers are now adopting bitcoin and fantastic for us, Argo too.
This is only going one way, but I do understand the doubt and uncertainty people have when the market turns down, but look at Arb for the passed couple of days! Big chunks being taken, and looking strong.

If you have doubts, turn off and go fishing (other activities are available). This will go up, and it will move very quickly when the bitcoin big boys have their hodlings........I have absolutely no doubt whatsoever! Listen to George, he talks sense!!

These have nothing to do with a buyout. You'll find the better and bigger companies publish these on the last trading day of every month

looking like around 150-160 spread on open?

No worries. Level 2 does make the whole experience a bit more involved.
It’s been an invaluable tool if you’re day trading with DMA on stocks that allow you to trade direct on the book.