Point...

This thing with all the cryptokids on twitter talking IN ALL CAPS...

Should I be pissed or flattered?

Unless that site is incorrect, the short interest in XMR is at an all time high pretty much.

No other crypto they measure has shorts outnumbering longs and most are not even visible on the chart.  XMR is a big time outlier.

This site only measures the open longs and shorts on Bitfinex I think...

https://datamish.com/xmrusd/360d

 It's interesting.  This might actually be a good candidate for that sort of play.  But I do not think they are a very crypto friendly bunch... dunno.

But why all the massive short positioning for XMR out of line with other coins?  Someone know something?  Is it because Mindrust announced a position?

Huh.

I am no expert on this... but damn.  That makes XMR one of two things.  Either being massively manipulated, or a candidate for a huge short squeeze, or both.

Agreed.  I have a great little truck.  Should last me 10 more years.  Assuming I can still buy diesel.

But land...  ahhh.  The only other truly universal limited asset.

Ouch.  Zing.

Ooh.. I am sure they might want some donations before they upgrade the forum software.

For his personal stash?  Sure!  He's said to own a quarter of 1 BTC in the past.  most likley a littl more now.

But Tesla's hoard? 

Of course not. LOL. 

Not for the 1.5bb.  They would be using an institutional grade custodian.  They have not had the time to become their own yet, though they may.

Because they are making those who have the power to "allow" them to do this very very rich.

Some of them will be slaughtered by the incoming tsunami that they will be foolish enough to try to control.

I believe big players have been mostly SELLING on the retail exchanges, and buying on the OTC markets.  It takes much less volume to tank the price on the big exchanges than the cryptic institutions buying on the OTC market are sponging up.

The ones doing this are the smart... early ones.

When they are done, they will stop selling.

That 365 day % is gonna look kookoo.

The Earth has never seen a hard limited asset that can be bought by anyone with access to a network suddenly being fought over by more and more of the corporations, governments, HNWIs and regular Joes in a huge land grab for which there is NO stress valve.  No unknown supply shocks, and the only known ones logarithmic reductions.

Suddenly millions upon millions if not billions of people are interested in getting a piece of the only 100% limited pie we have ever seen.

To be honest I am worried Bitcoin breaks more than anything...

...It might make sense just to get some in case it catches on.

God... WE don't even know what's coming.  US... on this forum.  

WE are going to be surprised.

Lol. Carolina.

Wait 'till we get to March 12th!

We will most definitely be over exuberant...  no doubt about that.  And we will also get to feel those drops.  Certainly Bitcoin is gonna have to hit all these institutional noobs with some of it's famous volatility before it just levels out in the stratosphere?

Just wanted to point out that yesterday's ~8k candle is twice as large as the entire price of bitcoin less than a year ago.

How much less does the science say?

3x?  4x less?  Or do you think we could see even a 10x, or god forbid a 20x less?  No.. that's impossible isn't it?

I guess that is likely true.  And I have known all along that this would be the likely way it went, and it has always been sobering.  But here on the eve of it all...  more than sobering.

My wife and I were talking about future diversification and possible changes to US tax laws, strategies etc.  And the shifting environment makes those plans risk becoming obsolete fairly quickly.  That too is unsettling.  I am an optimist by nature so feeling this uneasiness right at the moment that it's becoming "inevitable, in hindsight" just feels wrong.

It's a little scary isn't it?

Why am I scared?

(edit - but boy is that one sexy ass bullflag)

Dang.  Mindrust just posts, and whoosh...