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  1. johnarb

    Bitcoin Price Thread

    I'm sorry my friend but I cannot wish for the USD to collapse or be replaced by bitcoin... USD is the best reserve currency that we have, sure it has a lot of problems but this is why we use bitcoin for our life savings, for store of value, for our future... Jeff Booth has talked about this in...
  2. johnarb

    Bitcoin Price Thread

    Thanks for the heads up on this WBD episode, was not planning to watch it As Di Bartolomeo mentioned, bitcoin and hard money concepts are very important in the middle of a shtf scenario to be used as bug out tool (shout-out to SF mention on another thread) , but doubt any of the people on ET...
  3. johnarb

    Bitcoin Price Thread

    Bitcoin price to $1M/btc by 12/31/2029
  4. johnarb

    Bitcoin Price Thread

    This is Elite Trader where people discuss trading and investment ideas, but it's for entertainment purposes only, seek financial advice from professional certified financial advisors if you need it But on the topic of bitcoin, I do believe it's going to $1M and it is the greatest financial...
  5. johnarb

    Bitcoin Price Thread

    Uh, where did the "dumbos" comment referring to hodlers come from? Extreme you say, something in-between, eh? My last trade mstr calls made over US $700,000 with a risk capital of $40K in the span of less than 6 months That's neither hodl forever, nor a day trade. Is that in the middle enough...
  6. johnarb

    Bitcoin Price Thread

    It's weird Mickey on some mind trip tonight... Unprovoked called me out by name and the hodlers and framing it against traders specifically. I was going to edit my post but had to go out for a walk with the kids Apologies to other traders, real enemy is fiat and debasement, and the current...
  7. johnarb

    Bitcoin Price Thread

    You calling me a dumbo? :D Suit yourself, but I'm not a slave tick-fucking the charts for fiat...
  8. johnarb

    Bitcoin Price Thread

    For someone who hates bitcoin, you're doing lots of research. VanEck prediction is too wide to be of any use, $130k in 25 years? naah, lowest price would be in the millions of USD
  9. johnarb

    MSTR as a defined-risk trade for asymmetric risk-reward

    They also announced selling shares to buy more bitcoins... following the mstr playbook Maybe they'll announce convertible debt offerings as well, to buy more bitcoins FASB rule takes effect Dec 15 right smack in the middle of the bitcoin bull market bitcoiners that think bitcoin will be over...
  10. johnarb

    MSTR as a defined-risk trade for asymmetric risk-reward

    **** NOT FINANCIAL ADVICE **** **** POST IS FOR ENTERTAINMENT PURPOSES ONLY **** I'm going to follow you on this trade/investment and will buy SMLR (shares not options) on Monday The market cap is very small so this is definitely an asymmetric risk-reward trade, downside 50% upside...
  11. johnarb

    Bitcoin Price Thread

    Have Fun Staying Poor, orbit
  12. johnarb

    Bitcoin Price Thread

    You're trying to pick the stablecoin winner against the market usdt has the most liquidity across all exchanges and most blockchains and most collateral acceptance in dexes and most usage in defi platforms for borrow/lend no one is stopping you or anyone from using competing stablecoins such...
  13. johnarb

    Down to about $90k, where would you park it if your trading skills were trash?

    Someone who has insight and foresight replied with one of the best answers to the thread title question, hint: bitcoin This will be clear to everyone in the future. @NoahA 's posts and my posts will age well
  14. johnarb

    Down to about $90k, where would you park it if your trading skills were trash?

    $1M per bitcoin within 7 years is a high probability event, imho... but it will not be the end. That is actually more important than any price target... as it allows anyone in the world to store value that cannot be debased a very difficult concept to grasp.... Bitcoin is the hardest money in...
  15. johnarb

    Down to about $90k, where would you park it if your trading skills were trash?

    The highest price of bitcoin in 2012 was $13 :D https://www.statmuse.com/money/ask/price-of-bitcoin-in-2012
  16. johnarb

    Down to about $90k, where would you park it if your trading skills were trash?

    Everyone wants to buy bitcoin in the past, but for some reason, people don't want to buy bitcoin today at $55k/btc In the future when the bitcoin price is $550k/btc, people would want to buy the bitcoin of the price in the past meaning today I know about this... I started buying bitcoin in...
  17. johnarb

    Bitcoin Price Thread

    We already know how you feel about Tether usdt, but you did not answer my question on the exchange rate comparison of usdt vs physical usd to your local fiat currency It was a market trading related question, btw Supply and demand, which one commanded a higher value in the open market?
  18. johnarb

    Bitcoin Price Thread

    Tether usdt is just a digital form of the US Dollar If you hate Tether, do you hate the US Dollar? Are you from Europe? check the exchange rate of the usdt to your local currency at one of your local crypto exchanges and let us know if it's higher or lower than the official published exchange...
  19. johnarb

    MSTR as a defined-risk trade for asymmetric risk-reward

    It's down a lot from its ath, but today's Meta planet move is in line with the Nikkei Just like mstr, it's levered correlated to bitcoin price
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