Member Info for TheProphet

Sorry to hear that splatted!

lets see.....if I'm right the bid will tick up to 225 to try and get some peeps to sell
If not, then as usual WTFDIK!

:)

Not sure whether it's my biased view, but watching the MM activity over the past 30mins or so, looks like they are little short on stock! If thats true then that's excellent news!

No, its lower than that.
Many of the options are through Deribit.com and they state the "max pain" point is $44k, so they are way off!
Which is great news

bullmarket,
The fantastic news of the Brut gift is overwhelming, thanks.... And in my eyes pretty guaranteed as btc will be over 100k before the years out. The demand for it is huge and so will the demand for miners, especially the most efficient green ones!!

10% up and looking good!!

The market clearly likes the news!
And btc is looking strong too closing back in on 54k

Looking better from the off
210-220

Morning all, nice RNS
Excellent background work! And nicely ahead of the curve again!
ARB are fast becoming a must have in everyone’s portfolio
Blue day!

Good to see US stood up better tonight.

I think it’s time to back off whilst the school playground bickering continues here.
It used to be a very good forum, but people can’t help responding and playing right into their hands.
Hope we all see a better day on the morrow

Tp

“Great answer TheProphet. Is there any way to see how many of these contracts have been taken out to expire at the end of April? Thanks in advance.”

I’m sure there is, but whether the likes of us mortals would have access is another matter.

Hi Matt121
No, but if you had a "put" (sell) contract expiring tomorrow that was 10x leverage taken in Dec @ 52,000 strike price for example (so essentially you bet in Dec that btc price would be below 52k in 3 months ie March end) and you pocket the difference in your contract price and the strike price, then you would want the price to be as low as possible. So if you held actual bitcoin, you'd sell them, to gain your 10x contract, and buy back your btc later.
Which is possibly one of the reasons why the price often bounces back after, as the big players buy back in.

A great example now is there are 'call" contracts at 80k, which means that many believe btc will be 80k+ by June, and are taking contracts out accordingly to gain.

TBH, buying has been non stop all day. I think we'll see some big sell trades after hrs!

Yep, in real time, I posted regarding!
Was that you??

Someone just sneaked a very confident buy through, 73k shares!

"Anybody looking at level 2? Interesting!"

All day long :)
Anything in particular to which you are referring?

BestGuessing, of course that is possible. In fact just in case I have set some more btc limit trades to pick up on that very weakness. If it's going to happen it'll be overnight IMO.
My personally feeling is that we may see a very slight dip under 50k then back up for steady morrow!

In reality who the F knows, this is the crazy bitcoin rollcoster all the way to the moon!!
HODLing tight

And, I've gone back on my earlier statement, I have freed up a little more to catch any silly drop here tomorrow too, if it gets it, fine, if not it I have way more than I should have anyway!!

We are not seeing a huge amount of sell trades going through so we have to assume they still have a big chunk to offload from someone!
The buying is relentless so those shares are coming from somewhere.

Yeah, Elon Musk! What does he know??

Anyone still thinking bitcoin isn't here to stay is now very delusional. HODL and buy the dips here and BTC its now an absolute no brainer, but maybe not for those that panic at the slightest drop!
The big boys are taking every opportunity to HODL bitcoin and grab as many as they can

I am now completely bought out, so my last "top up" was today!
Sit back and watch the playbook upfold

What are you talking about they've been manipulating it for the past hr, it keeps going up and down!!
And sometimes it stays still

Crazy markets! :)

Options expire Fri 26th 4pm London