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  1. johnarb

    Bitcoin Price Thread

    Sorry I didn't mean your invested amount as that would disclose too much info, nevertheless, your answer provides more context Bitcoin at $200k would be significant in the context that it's equivalent to a 6 figure value in your currency and a 2 order magnitude increase from the invested...
  2. johnarb

    Bitcoin Price Thread

    Congrats on the house value appreciation It also cost you more than double the purchase price due to interest if it's paid off, or if not paid off, you simply had a leveraged trade and benefited substantially on the loan making money, could have had better returns putting the same amount in S&P...
  3. johnarb

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

    The $3 to $6 per share I mentioned in 2009 was before 2 splits that I'm aware of 4x and 10x so split adjusted was NVDA at $0.075 to to $0.15 per share in 2009 with no debt and with free cash flow :D
  4. johnarb

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

    I think there's confusion with probably CRUS or maybe even AMD I looked into NVDA in 2009(?) because it's one of the few companies that was severely undervalued after the GFC, imho This is all from memory, just in case others jump on the specifics, nvda was around $3 to $6 per share, market...
  5. johnarb

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

    You should pick up that book it's an excellent read and the author knows how to tell a great story. Don't let the title mislead you into having any biases For context, the book came out in May, 2015 in the middle of the bear market, price of bitcoin had crashed from $1,200 to less than $200...
  6. johnarb

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

    **** NOT FINANCIAL ADVICE **** **** POST IS FOR ENTERTAINMENT PURPOSES ONLY **** I only have 2 active trades MSTR call options and Popcat meme coin so I'm bringing the Popcat updates on this thread MSTR plan to close position in the 2nd half of 2025 Popcat plan to lighten position if price...
  7. johnarb

    Bitcoin Price Thread

    Is it still insignificant amount? How about when bitcoin goes to $1M, will it still be insignificant? hodl is a battle cry not to sell bitcoin when the price is crashing. Now you know https://www.investopedia.com/terms/h/hodl.asp
  8. johnarb

    Bitcoin Price Thread

    That's not a bitcoin hodler... 99.99% of bitcoin hodlers are in sitting in profits and still hodling And true bitcoin hodlers that have income or own other assets would have bought more bitcoins as the price was going down, stack sats, Please tell me that you did not bail out for a dire...
  9. johnarb

    Bitcoin Price Thread

    Ser, you're on Elite Trader site not retard idiot trader :D How do you hodl for a loss when bitcoin is over $67k?
  10. johnarb

    Bitcoin Price Thread

    ????
  11. johnarb

    Bitcoin Price Thread

    $1M/btc within 18 months, here's the circular chart proof
  12. johnarb

    Bitcoin Price Thread

    Bitcoin went back up How did bitcoin ruin your life when it's over $67k?
  13. johnarb

    Bitcoin Price Thread

    Mining is not Swan's core business and shutting it down is only a consequence Retail is not interested in bitcoin >$60k when they could have bought at $15k for many months 2 years ago, that is why google search trends for bitcoin is at the same level as during the bear market 13-F filings...
  14. johnarb

    Bitcoin Price Thread

    Sweet baby Jesus!!!! https://www.coingecko.com/en/categories/stablecoins
  15. johnarb

    Rumor: Trump Will Create a U.S. Bitcoin Strategic Reserve

    I realize that my mention of "cleaning the toilets" and slaves/slavery are a bit harsh and may make others uncomfortable, but not me... I cleaned my own toilet, cleaned my own place, did my own laundry, worked for companies and bosses, got told what to do, I was deep in debt, I was a slave of...
  16. johnarb

    Rumor: Trump Will Create a U.S. Bitcoin Strategic Reserve

    Noah, you're a true Bitcoiner... but imo one area of your belief system is flawed in that you think the "world" and the people are incentivized to become a fair system Think of a politician (not necessarily US or Canada, could be Argentina before Milei) as the people are in hardships due to...
  17. johnarb

    Bitcoin Price Thread

    I don't understand your analogy (not being sarcastic), but if it makes sense to you and others, I'll leave it be bitcoin is over $60k, problem for retail this time around is price-anchoring In 2013-2016, I was telling my friends at work, lunches everyday, btc price was around $100, ignored...
  18. johnarb

    Bitcoin Price Thread

    Retail has front-run the institutions for over a decade The institutions were not allowed to buy bitcoin But even a 12yo in Indonesia had some. I remember a Twitter video many years ago showing kids trick-or-treating and finding satoshis (bitcoin private key qr code) among the candies and...
  19. johnarb

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

    **** Not Financial Advice **** MSTR announced a 10-1 split, so price levels mentioned early in the thread are lower by a factor of 10 https://www.bloomberg.com/news/articles/2024-07-11/bitcoin-buyer-microstrategy-to-conduct-10-for-1-stock-split owners of 10 mstr shares prior to the split...
  20. johnarb

    Bitcoin Price Thread

    No, the schedule is next year will be the parabolic top of the bitcoin cycle, 1000%+ next year 2025 which means if bitcoin ends the year above $100k, we will see over $1M/btc next year
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