Member Info for TheProphet

We need a really good push today followed by some positive sentiment from our US cousins later on.
We closed here yesterday around 230 only to open below 215 again.

Heres to a better day all round!!

$6bn options! Biggest yet

got 215, but it took a few goes and could only get £2k

200-215
Lets hope we can push straight back up again like yesterday!!

Yep, VAR says "No Goal"

Looking like opening up below 215 again!! More buying opportunities!

Surely we’ll know at 8am if they align the open price to $3.175?
We’ll know it’s real then

Morning
This is exciting.....

If the after hrs is a glitch, it’s very interesting that it even gives a volume figure too
Even more interesting to see what we open at

Yep, things are a changing, and Bitcoin is going to catch many out.
https://ihodl.com/infographics/2018-03-19/chart-day-march-historically-worst-month-bitcoin/

Obviously March isn’t over yet, so one shouldn’t tempt fate, but if weakness is consolidating over 50k then that’s incredible. In the long run, this growth and adoption of Bitcoin is fantastic for ARB.

Back over 56k by morning open!
It’s March, the weakest month for BTC, it’ll soon be crashing through another ath!

Did people see the big news today?
Not that Tesla are allowing Bitcoin payments, we kinda knew that from the previous announcement, although it wasn’t focused on.
No, it’s the much bigger fact that they aren’t converting them to fiat. WTF!!
How does that even work for the balance sheet? Additional assets on the books??

That’s huge news for the confidence in Bitcoin, and for Tesla (Elon’s) belief and faith about where Bitcoin is going... And that’ll be more unavailable bitcoins, which pushes the price up. Now that’s what you call HODLing ;)

Well seeing as it’s options expiration week, and the price is being squeezed down, especially tonight, I’ve just grabbed another 0.1 of a coin below 52k....

PW is definitely not daft but.....
Taking salary in BTC at a time determined by the company, ie payday, and receiving it in bitcoin, without any control on the buy price
OR
Get paid fiat as normal and convert to bitcoin at your choice in the month, and potential get a lot more for your money??
Its not the greatest financial decision I've seen, and I'm sure his financial advisor said "WTF??"

Still I thank him for bringing the attention to ARB by announcing it

WHAT!! The world isn't flat??
FFS!

"why we have so any trades that are single digits?"

I have used level 2 trading screens for over 10 years, and they never used to exist, but now they appear on pretty much every stock I watch. It has to do with modernisation of stock trading allowing people to buy small chunks with no fee, as I can't think of anything else that would do it.
It's not coding between MMs like it used to be, those used to appear very rarely/
The only other possible explanation is its bot trading, set up an algorithm to buy or sell in the smallest chunks so as not to affect the share price against yourself.

ARB following
FOMO kicking in on both fronts?

pushing on nicely now!
231-234 actual

One of us has to break the cycle, so lets hope it's us today!

"If you were planning on buying a Tesla, you might look into this bitcoin thing and see we are on a bull run, read some of the predictions, buy £20k of bitcoin, wait for it to appreciate, and buy your discount Tesla for Christmas, maybe even get it for free."

I like that idea!!

ridiculous open spread on so many levels
Now 220-230 ffs!

" Bitcoin has to be used to purchase something"

why does it?
Its a value store. A place that keeps or increases its value,

Opening 200-220 spread!!