Wanted to get a quick update out here.
We've been beating against this trend for quite a while now. Recovered the end of the world dump, halving was pretty much a non event, and the real faketoshi proved the real faketoshi (again? lol) 13k on the break up.
If we fail breaking up here (or stall at 10.5k), we're going back to test 6k and continue to build a...
To begin - all the best wishes to everyone hope you're safe with your family.
It's Almost April 2020 - The story is the same. The fake fiat system backed by nothing allowed itself to grow so fat they began to sing "Cash is Trash" 2019 was the most epic short squeeze/phase of euphoria we have ever seen. And it's only...
After the markets are done pillaging travel - tech is next.
AAPL is going to get destroyed, the last 10 years? LOL the only innovation that took place in that boardroom was how to extract as much cash as possible. Why do you think they always had such a big stack?
Jobs rolling in his grave, wad they do since? No imagination, no innovation, nothing. More of the...
Supply keeps growing, production keeps growing. Everyone is trying to sell now while they can get these prices.
Many US producers who have contributed to the huge run up in supply production are profitable at ~30USD/barrel. They're very happy to keep pumping.
Opening the next round of shorts today. GL all~
As in, we're not going to go make a new high from here as we did in May.
News is PBOC is going to manipulate Yuan in a way the world will be OK with. Well, the problem is that is not what kicked this move off, the new round of tariffs and feeling of no progress in trade talks. That has not changed. Also, suddenly we're happy about them manipulating their...
BYND Is not going anywhere in this space, but the current valuation is insane. Looking to do 250 million in sales, there is no way the current valuation ~14 billion makes any sense.
The only thing allowing this to pump the way it has is the stock lockup which has been hands down the best decision their CFO has ever made.
Either way, there is insane reward...
As Chubs says from Happy Gilmore "Just tap it in"
All you need to do here is give Bitcoin a little Stacky-Sat-Tap. Put in your bids and average in to position for the next leg when Fidelity and Baakkt launch their exchanges in Q3/Q4 (cointelegraph.com).
Who knows, maybe Bitcoin is actually in the Leprechauns' Pot which is why we can never find it.
This is a great time to average in to a position/accumulate (stackingsats) for the next big leg up. I don't think we'll see it start to build until Fall, so not a race here. Put in bids, have your auto buys on and walk away with some extreme alerts. Just don't give...
Bitcoin loves you to love it
Bitcoin loves you to hate it
Bitcoin doesn't care because it loves itself - 1 Bitcoin = 1 Bitcoin now and forever.
These moves pretty much always play out the same. Runs up really fast and media goes wild. Then we get a sharp 'drop' that every Peter Schiff will tell you is the top of the ponzi and they to told you so, now buy Gold the...
With the recent news that Binance will restrict USA clients from trading on their platform I expect to see a pretty decent wave of capitol flowing from ICOs/Dap/anything not already traded on US regulated crypto exchanges, to those that are.
Bitcoin should benefit the most, exactly the type of catalyst you would expect to kick off the next major bull cycle.
US producers are going to war with OPEC. There are many companies that are profitable at $30/barrel in the states. They're ramping up production. DXY is still trending up as well.
(I) Supply and Demand.
Supply increasing at a cheaper rate