Bitcoin

[SunTrader]

Enough with the idiotic "smart" phone blown-up memes already.

Geez two year mentality.

 

[Tokenz]

 

[semperfrosty]

Enough with the idiotic "smart" phone blown-up memes already.

Geez two year mentality.

Interesting stuff though.

Very unusual perspective.

...and hes got Lambo money sooo...

 

[SunTrader]

Interesting stuff though.

Very unusual perspective.

...and hes got Lambo money sooo...

You think pseudo-intellectual babble is interesting? Hmmm

 

[Illini Trader]

Mega-tulipmania

I knew it. Someone would finally be the one that made the 10,000th ET post about the tulip bull market in comparison to Bitcoin.

 

[semperfrosty]

I knew it. Someone would finally be the one that made the 10,000th ET post about the tulip bull market in comparison to Bitcoin.

You think pseudo-intellectual babble is interesting? Hmmm

Its the pseudo part thats a matter of opinion.

I imagine the information would go over a lot of peoples heads.

Did the definition of determinism provided,match your previously understood definition?

 

[S2007S]

View attachment 328983

The mother-of-all-Mega-tulipmania will happen one day.

But it wouldn't be so soon.

View attachment 328983

The mother-of-all-Mega-tulipmania will happen one day.

But it wouldn't be so soon.

I remember the euphoria in November 2021 when all crypto and nfts alike were surging. There was an article out of forbes that clearly said bitcoin to 400k. After a few days crypto prices collapsed.

There is absolutely zero sustainability in crypto. It has no purpose and for as many people believe it's the future for transactions of goods and services will be proven wrong .

 

[semperfrosty]

I remember the euphoria in November 2021 when all crypto and nfts alike were surging. There was an article out of forbes that clearly said bitcoin to 400k. After a few days crypto prices collapsed.

There is absolutely zero sustainability in crypto. It has no purpose and for as many people believe it's the future for transactions of goods and services will be proven wrong .

You can make money in bubbles,in both directions.

Would you want to be investing at the top of each new high-probably not-but thats the same for any given market.

 

[wxytrader]

Nonsense, this market is way too bullish to even go near those levels.

So there we have it...just like I called it. Anyway I'm looking for 38k in an ABC by Dec18 so I'll have a look at BITO in the morning and see about buying some otm puts.

DEC15 18 strike puts were trading @ .04 at market close on Friday, BITO closed at 22.09.

ATM DEC15 22 strike puts were trading at .62 at market close, which is what the 18 strike will be at on Monday morning roughly speaking, so that leaves you .62-.04 = .58 so on a $400 (100 contracts) you would have made $5800.

I see the 20 Put was trading @ .11, and the 24 put at close was trading @ 2.15, (the 24 put was $2 ITM at market close, which is what the 20 strike will be at market open, so then you would have made 2.15-.11=2.04*100*100=20k lol..

The spread is horrendous though so you better be right or its a lost cause.

 

[Tokenz]

So there we have it...just like I called it. Anyway I'm looking for 38k in an ABC by Dec18 so I'll have a look at BITO in the morning and see about buying some otm puts.

DEC15 18 strike puts were trading @ .04 at market close on Friday, BITO closed at 22.09.

ATM DEC15 22 strike puts were trading at .62 at market close, which is what the 18 strike will be at on Monday morning roughly speaking, so that leaves you .62-.04 = .58 so on a $400 (100 contracts) you would have made $5800.

I see the 20 Put was trading @ .11, and the 24 put at close was trading @ 2.15, (the 24 put was $2 ITM at market close, which is what the 20 strike will be at market open, so then you would have made 2.15-.11=2.04*100*100=20k lol..

The spread is horrendous though so you better be right or its a lost cause.

Nope! You said lower 30s. You need to hush until one of us is right...