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  1. johnarb

    Bitcoin Price Thread

    Bitcoin is the best money in the history of the world New Blackrock report https://www.blackrock.com/us/financial-professionals/literature/whitepaper/bitcoin-a-unique-diversifier.pdf Obviously
  2. johnarb

    Bitcoin Price Thread

    $70k/btc today? Put a headset on and crank up the volume, bros!!!!
  3. johnarb

    Bitcoin Price Thread

    Bitcoin does not look so weak anymore The party is just starting (credit to GameofTrades on Twitter for M2 money supply image) (credit to CarlBMenger on Twitter for image above)
  4. johnarb

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

    As an amateur retail options speculator, my strategy is to tell the options market maker that is showing me a loss to get lost and come back when it's a winner nfa of course
  5. johnarb

    Bitcoin Price Thread

    recency bias The past 5 months are usually choppy with a downward bias Things are about to change starting as early as this week (Fed meeting and interest rate cut) A flood of incoming liquidity A strong period for all investments Q4 new bitcoin supply has dramatically decreased by half the...
  6. johnarb

    Bitcoin Price Thread

    I'm not an expert on options but I had a position from 2 years ago on MSTR that was down 90% from $27k investment to $2.3k at the low in October/Sept 2023 and went on to do a come back all the way to over $120k (cashed out at over $60k value) (used some of the profits for the next play below)...
  7. johnarb

    Bitcoin Price Thread

    There is no free money in the markets, you have to put capital at risk I already have 2 trade positions, meme coin $popcat and mstr call leaps https://www.elitetrader.com/et/threads/mstr-as-a-defined-risk-trade-for-asymmetric-risk-reward.379915/page-7#post-6018732...
  8. johnarb

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

    You're an idea man, Vanz! There was an old movie I watched a while back, Michael Keaton, the idea man, drives a hearse... Good movie I kid you not, I also had an idea, a long time ago, I used to travel economy, but every now and then would have enough points to access the lounge at the airport...
  9. johnarb

    Bitcoin Price Thread

    We will soon® find out
  10. johnarb

    Bitcoin Price Thread

  11. johnarb

    How to actually make money in crypto, by not actually using crypto

    Just buy bitcoin, Pek... or MSTR and hold
  12. johnarb

    Bitcoin Price Thread

    I'm happy for you if you've been making money, but these last 4 months of the halving year is very bullish for bitcoin... Plus you really want to fight the Fed? Good luck nonetheless The probability based on my experience that bitcoin hits $100k by 12/31/2024 is 99.9988%
  13. johnarb

    Bito dividend

    You might get your chance next week to short MSTR at 150 and MSTX at $25-28 Will you take it this time?
  14. johnarb

    Bitcoin Price Thread

    Not wishful thinking, not hoping, it's pretty much guaranteed that bitcoin will hit $100k before eoy, 99.9988% chance If you look at the previous halvings in 2016 and 2020, you can clearly see that this last quarter is when bitcoin NGU technology goes into high gear If you're paying attention...
  15. johnarb

    Bitcoin Price Thread

    We're back! Rektember no more... Septembull activated! $100k/btc in Uptober very likely
  16. johnarb

    Bitcoin Price Thread

    I stand corrected, Tether did provide USDT loans to some of their customers Celsius got liquidated and probably other customers who did this unless they paid off the loans. Celsius is unhappy because the price of the bitcoin has gone up a lot since One of the reasons the bear market of 2022...
  17. johnarb

    Bitcoin Price Thread

    wtf, dude why you make up something like this and post it? Tether does not have a lending facility collateral bitcoin
  18. johnarb

    Bitcoin Price Thread

    This is a very good question... it's very possible that in the short term bitcoin will crash hard as there are fears, but it could also make bitcoin shoot up in price as all the Tether holders start buying bitcoin and other cryptos If Tether is the one that blows up, there are many other ways...
  19. johnarb

    Bitcoin Price Thread

    Re: Bitcoin Absolute digital scarcity, inelastic supply no matter the demand or how high the price goes Global monetary network that operates 24/7/365 wrt to volatility vs risk, check Sharpe ratio Excellent breakdown from Jack Mallers
  20. johnarb

    Bitcoin Price Thread

    Why sell the rallies? The gubmint will be printing massively for the election and the stock markets will be green and bitcoin will be jumpy on upside
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