Q: "When do I push the BUY button?" Unclear words of wisdom by Artie 'Sharkey' Hayes ;-) https://blog.bitmex.com/bottomless/TL;DR: I want to see 28.5k to call a bottom. Will it actually happen? Not necessarily. Look at corporate bond rate spread for a glance into the near future. |
|
|
|
I do not see a strong position as to what comes in the short term. But he thinks it's going up, and that the anxiety we are experiencing right now is designed to make us sell or buy. "There's only one mistake when you have made the right decision is to get panicked out of your position. Don't panic."
-The Creed of the Bagholder  |
|
|
|
Other side and up is good as well, but if down then I prefer it when sleeping, full up my orders and be at the same high or higher as when I went sleeping  +1 Best stacker feeling. I know what you're talking about. IOW: Use dips to sleep better, not to lose sleep. @jbreher, if you hear a ping: I meant to loose sleep. |
|
|
|
Meh. Looks like low quality clickbait. Just some Saylor sayloring. The guy's good, I'm not disputing that, but it's more of the same with some ALL CAPS TITLE WITH AN INCREDIBLE REVELATION AT THE END!!! WATCH 1 HOUR OF STUFF BECAUSE IT'S ME AND SAYLOR! HE WILL REVEAL HIS PRICE PREDICTION AT THE END!!!! CLICK CLICK CLICK And near the end, Saylor says... guess what? "It's going up forever." Uh, allright, thanks, some of us had forgotten that bit. Uh, well, actually no one did  |
|
|
|
Try and make it spot - backed by real corn for a change, Larry? |
|
|
|
…..
Saying it's nonsense doesn't make it so, disprove the claims or get the fuck out of our thread.
As a general rule, it’s the job of the person who makes the claims to prove them true. +1 WOsMerit The original point of disagreement was brought up by our nice neighbor - no, not Flanders. I could care less about the "death jab" tinfoil talk, which is perhaps more suited to a different thread - such as Bob's. However, I have read the leaked emails on the Telegraph (redacted) . Do we remember the "inspection" in Wuhan? Obfuscated by a cloud of locals, it boiled down to little more than a farce. Most of us have a clue about Bayes' Rule, and those who don't can look it up ( https://en.wikipedia.org/wiki/Bayes%27_theorem ). An old, intuitive hypothesis can then be dressed in more rigorous formulation. With a little imagination to fill in some cinematic detail, just give Netflix and HBO the time to figure out who gets to do it first. Bat caves, far away An underpaid janitor Corona ran free #haiku |
|
|
|
I invoke my god given right to a Glomar response.
 |
|
|
|
Well, the events described in this post happened. There was a short/long squeeze on the market and a further drop in prices below significant support levels: Derivative markets contributed to the fall, namely option expiration, increased open interest, increased use leverage by short traders, etc. Next option expiry will hurt. I just hope that when the uppity resumes, it will be fast and wild enough to reck some of these paper dealers. Eventually, they will need some physical corn to cover. My wish for them is that they have to scramble and marginally buy it at 200k+ apiece. |
|
|
|
Hang on a minute, is bitcoin dead?
Thought I'd drop by just to check.
Ah no, just a fire sale - get 'em while they're cheap. Last chance.
#haiku fail
I just come from the funeral. BTC didn't show up, the coffin was empty. #btFd Funeral of the corn Surprise! The coffin's empty OutOfMemory knows. #haiku |
|
|
|
|
Russia ban coming
Huge red dildos everywhere
Yes, bitcoin is ded
#haiku
|
|
|
|
Good guy Buddy, you deserve this. Now just don't stop!  |
|
|
|
It is doubtful that they will talk much about bitcoin - or agree at all on the matter if they do. My impression is that Erdogan's main interest point about bitcoin is that the Turks shouldn't be allowed to get out of the failing Lira by getting in btc - or tether, which appears to be Turkey's favorite cryptocurrency. |
|
|
|
Been thinking a bit, now that European countries are starting to to give up and say "fuck it, Covid is just another flu infection from now on", how are countries like China and New Zealand going to cope with that?
Are they going to stay in self isolation for ever?
They have to accept reality at some point and let the virus in.
Unless they know something about covid we don't. And I don't mean New Zealand. Yeah, but we will get them with our hamsters, biological warfare. However, I heard that making a stew kills all SARS-Cov-xxx like viruses, so it may turn out to be a failing attack vector. |
|
|
|
Check. 2. Wealthy investors and hedge funds with insider knowledge will start front running these events, buying up Bitcoin starting Dec 2021 and resuming first week of January 2022. They likely already know what is coming and are front running it now.
Check? Happening already? OTC of course, so it won't be noticed until much later. 3. To further fuel the fire, we could finally see a new U.S. Bitcoin ETF in Q1/Q2 of 2022. (this already happened Dec 2021)
Check. 5. China will of course retaliate by shutting down all onshore crypto exchanges, popping the Bitcoin bubble. Once again.  Check. Oh well, wait, they just banned their citizens to use those services, right? Some exchanges are still working with the foreigners, I think. But it's a work in progress - right? The bears will then take over.
Uh-uh. Could this step be avoided, pretty-please? China PBOC will then print yuan like a mofo and bail out any and all Chinese property developers.
Let them print yuan into oblivion. We already had a decade of Chinese cheap goods, and more or less can deal with that. I'd go as far as saying we are dependent on that. 4. We could see a new Bitcoin ATH and blow off top come mid year 2022.
This is the best in the bunch. Waiting for a big fat check mark on this one  |
|
|
|
Been thinking a bit, now that European countries are starting to to give up and say "fuck it, Covid is just another flu infection from now on", how are countries like China and New Zealand going to cope with that?
Are they going to stay in self isolation for ever?
They have to accept reality at some point and let the virus in.
Unless they know something about covid we don't. And I don't mean New Zealand. |
|
|
|
Isn't it fun to think?
Imagine Intel has designed and produced a wafer or two of these chips. Proof of Concept.
And say the chips are a significant magnitude faster than the current crop. And then imagine them able to make serious money when they are burning them in. Then the meeting where they say, "We can pay a great deal of the R&D and FAB costs of these by just frontrunning the mining before releasing them. Should we?".
I'd go even further and imagine they are already paying their R&D etc. costs. Think of the recent hashrate ATH, even after so many Chinese miners had to relocate or shut down altogether. Hmm... Conspiracy or no conspiracy, your call about some yuuge chip company making an ASIC was something! |
|
|
|
I bet this was ordered to discredit Bukele and Bitcoin. When I see a word combination "non-profit organization" I read CIA (or some other three letter agency) between the lines. It's hard to believe average joe journalists can detect war spyware like Pegasus, identify the person behind it, locate all victims etc. Looks like a job for intelligence guys. I doubt it's made up. Bukele being a self-centric autocrat might not fit our (I mean even MY) narration about bitcoin being the cure-all-fix-all tool it is, but it still is largely neutral - as good tools are supposed to be. They work in the hands of both saints and devils. The simple fact that he's been able to pull off this significant, game-changing stunt on an almost individual whim could say a lot about the man's attitude and concern for dissenting opinions. Disclaimer: What I say only comes from prejudice = pre+judice; that is, an opinion/judgement that comes from my personal history, things I happen to know or believe given my personal history. I've never been to El Salvador so I can't vouch for the sentiment there. |
|
|
|
|
Show Posts
