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One of the things that really helped shape my opinion on bitcoin is learning about how money is just a ledger. And this makes total sense. If we go to the roots and look at the barter system, we quickly understand that its difficult to trade goods or services without something in the middle...

I don't know either... LOL... If you called it in advance, that would have been awesome! :D So do you think we go lower? The ETF inflows for today were actually negative I see, but think drop happened way after hours, so its not like the little bit of selling affected price during market...

I think if u combined it with footprint charts, and bookmap does show what they call collisions, this tells u about actual trades. But just resting orders on their own I don't think says much.

Even though I just knocked it, I still have it on my charts as well .. lol... But I wonder if it's more of a hindrance. I love seeing the thick levels, but it doesn't help the decision making process.

What is your thought process? It seems to me like there are several combinations. You see a very thick price level far away. Do you come close to that price so it will act like a magnet? Or do we not come close since we will front run the rejection? What if a very thick level appears just a...

Agreed, but I work in a government job, and everyone thinks they aren't paid enough! Granted, everyone has their purchasing power eroded, but my department has a shit ton of overtime, and that overtime is never questioned, and there is no mechanism to figure out ways to be more efficient...

His algo would be 10 times more complicated I'm sure if it had to reference other time frames.

I'm guessing that in hilmy's case, trading on a small time frame, there are lots of ranges but also lots of trends. If the NQ is stuck in a 200 point ranger, on a fast chart, that will still lead to a nice rally or consistent drop that will kill you if you're not in the right direction and...

I know its a shitty thing to say, but if the government seizes it, and holds it for strategic reasons, it helps bitcoin out. Many around here have been saying for years that governments should be accumulating bitcoin as fast as they can, and even printing money to exchange for more bitcoin...

I'm guessing that its simply one averaged-in trade that is closed at a loss. From what I gather about his algo, he takes trades on breakouts, or fades them, and then there is a process for taking the opposite side of the trade, or averaging into a trade. I think we all know that many times, if...

This is the most frustrating part. So many smart people have been ruined by shorting the market when this is in fact the logical play. The extent of the manipulation and the ability to kick the can down the road is extraordinary. And now I even have to recognize that stocks will likely keep...

So I just finished it, and its funny that in the last 10 minutes, the feel of the episode changed. I see now how Preston really didn't want to spend too much time on outrageous scenarios. I understand now the liquidity issue because Jeff estimates the liquid supply of tradeable MSTR shares at...

I think about this part quite a bit. Bitcoin needs to be constantly moving and available if it is to reach its full potential. But I think there is no problem here. Every owner has a price at which point it is attractive to them to sell. We just need to reach that equilibrium point. The...

Thank-you for trying, but nothing stuck... LOL... Is the entire trade about liquidity? I thought there was a more fundamental reason for this. As an example, when GBTC was selling at a discount to the amount of BTC their own, it made sense because people either wanted to get out of the trade...

I will absolutely watch again and report back if a light-bulb clicks. I honestly do consider myself quite smart, but all of this options stuff doesn't come nearly as intuitive to me as other trading or macro concepts.

John can of course explain this so much better than I could, and I bet he has a good explanation. I think its absolutely true that nobody will be able to accumulate 200k bitcoins going forward, so no single company will be able to match their holdings, but I'm not sure how this creates the premium.

I have no opinion of the short MSTR/long bitcoin trade, but I am in the middle of that recent episode with Preston on MSTR that you link above, and I have to say, I'm a bit uncomfortable with how excited him and his guest are about getting yield and explaining that this is one good way to get...

In a recent video from the NVDA CEO, he stated that their goal is to make everyone their own computer programmer. This struck me as interesting because what I would want to do is to tell my platform where I want to enter a trade based on certain things I'm seeing. Essentially, I want to train...

This sounds exactly like an iceberg order. What you see, the ice above the water, is tiny compared to what is below the water. So whatever quantity is shown will fill, and then it gets added back on. But just like you say, it means you're last in line. But really, the amount of contracts...

Maybe this would cause more people to not sell and hold their Bitcoin and just use it for spending. It might actually speed up hyper bitcoinization. I know it sounds crazy, but it's possible. Plus, if most volume is tether, maybe people are just trading it. So once again, less trading, and...