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  1. #4451
    Master mr noble's Avatar
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    I'd like to place another bet with you Raffe.... that Bitcoin will still not have gone to zero on or before 31st December 2099.

    Loser's daughter or grandchild pays for £1000 worth of flowers to be delivered to the winner's grave.

  2. #4452
    Master mr noble's Avatar
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    Quote Originally Posted by demonloop View Post
    short 55k with no stops? Where would you close the position?
    He'll close the position at about $59,950.

  3. #4453
    Grand Master Raffe's Avatar
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    Quote Originally Posted by mr noble View Post
    I'd like to place another bet with you Raffe.... that Bitcoin will still not have gone to zero on or before 31st December 2099.

    Loser's daughter or grandchild pays for £1000 worth of flowers to be delivered to the winner's grave.
    You mean 0.000000000000000000000000000000000000000000000000 0000000000000000000000000001 satoshi worth of flowers?

    Someone who lies about the little things will lie about the big things too.

    Terry McAuliffe

  4. #4454
    Grand Master Raffe's Avatar
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    Quote Originally Posted by mr noble View Post
    He'll close the position at about $59,950.
    You might be on to something....
    Someone who lies about the little things will lie about the big things too.

    Terry McAuliffe

  5. #4455
    To the moon! Good morning everyone even those with a short

    Sent from my Pixel 5 using Tapatalk

  6. #4456
    Master petethegeek's Avatar
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    Quote Originally Posted by Daveya. View Post
    Good morning everyone...
    And to you as well sir. Even Ravencoin appears to be picking up. I hope you didn't hock those graphics cards.

  7. #4457
    Quote Originally Posted by petethegeek View Post
    And to you as well sir. Even Ravencoin appears to be picking up. I hope you didn't hock those graphics cards.
    Raven not profitable at the moment, we've moved to Eth but their pay outs through the roof even after the upgrade, although 2Miners have provided a solution to mine ETH and get paid in.....BTC. lots of work changing batch files

    Who said the moon was an easy journey

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  8. #4458
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    Arguably an Inverse H&S on ETH. Gives a price taget around 4600.

  9. #4459
    Grand Master Raffe's Avatar
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    Quote Originally Posted by Bangers View Post
    Arguably an Inverse H&S on ETH. Gives a price taget around 4600.
    You forgot at least two zeroes.
    Someone who lies about the little things will lie about the big things too.

    Terry McAuliffe

  10. #4460
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    Sometimes it just feel like a massive rise is coming. No data, no proof, just feels like it’s time.

  11. #4461
    Grand Master Raffe's Avatar
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    Quote Originally Posted by mr noble View Post
    He'll close the position at about $59,950.
    $59,980 to be precise.
    Someone who lies about the little things will lie about the big things too.

    Terry McAuliffe

  12. #4462
    Master murkeywaters's Avatar
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    Wow, something has put a rocket up BTC, less than a month ago it was $39k and now we’re looking at $60k.

    Hopefully it drags all the other crypto up with it, would like to see ETH over £3k and ADA at £2.50..

  13. #4463
    Quote Originally Posted by murkeywaters View Post
    Wow, something has put a rocket up BTC, less than a month ago it was $39k and now we’re looking at $60k.

    Hopefully it drags all the other crypto up with it, would like to see ETH over £3k and ADA at £2.50..
    A year ago it was 11k

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  14. #4464
    Grand Master Raffe's Avatar
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    Quote Originally Posted by murkeywaters View Post
    Wow, something has put a rocket up BTC, less than a month ago it was $39k and now we’re looking at $60k.

    Hopefully it drags all the other crypto up with it, would like to see ETH over £3k and ADA at £2.50..
    Bloomberg reported that the first BTC ETF will be approved today.
    Someone who lies about the little things will lie about the big things too.

    Terry McAuliffe

  15. #4465
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    60k just by a hair (on Binance)

    Let the fun begin :-)

  16. #4466
    Master murkeywaters's Avatar
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    We're above $60k, some say $100k by New Year so has it got +$40k in 11 weeks??

  17. #4467
    Quote Originally Posted by murkeywaters View Post
    We're above $60k, some say $100k by New Year so has it got +$40k in 11 weeks??
    It would be jolly nice but I can’t really see it myself. This recent rise seems to be on quite thin volumes so I suspect it could easily drop back again.

    (Though to be clear my assessment is based on the merest “analysis”, just glancing at the charts.)

  18. #4468
    My guess is that it will either go up or down

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  19. #4469
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    Quote Originally Posted by murkeywaters View Post
    We're above $60k, some say $100k by New Year so has it got +$40k in 11 weeks??
    Wee buns

  20. #4470
    Master petethegeek's Avatar
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    Quote Originally Posted by Raffe View Post
    Bloomberg reported that the first BTC ETF will be approved today.
    Would that lead to a reduction of interest in the current BTC ETF lookalikes such as MicroStrategy? In any case Mike already appears to be building up the hype ahead of their third quarter results.

    Quote Originally Posted by demonloop View Post
    Wee buns
    I had to google that. I rather like it.

  21. #4471
    Grand Master Raffe's Avatar
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    Quote Originally Posted by Daveya. View Post
    My guess is that it will either go up or down

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    In that spirit, I just shorted at $62.2k
    Someone who lies about the little things will lie about the big things too.

    Terry McAuliffe

  22. #4472
    Quote Originally Posted by Raffe View Post
    In that spirit, I just shorted at $62.2k
    Can you explain - the price is currently below $62.2k (by several hundred dollars) no one is buying at 62k now - what is the relevance of $62.2k?

  23. #4473
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    Happy to sit back and enjoy the ride here

    Regardless of your views on Bitcoin, you can’t deny it’s exciting!

  24. #4474
    Grand Master Raffe's Avatar
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    Quote Originally Posted by tertius View Post
    Can you explain - the price is currently below $62.2k (by several hundred dollars) no one is buying at 62k now - what is the relevance of $62.2k?
    October CME futures were at $62.2, currently trading about $600 above spot.

    Insane amount of leveraged traders pushing up financing cost, resulting in very profitable basis trade (currently set to earn 1% in two weeks for just holding short).
    Someone who lies about the little things will lie about the big things too.

    Terry McAuliffe

  25. #4475
    61193....

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  26. #4476
    Master mr noble's Avatar
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    Quote Originally Posted by Raffe View Post
    In that spirit, I just shorted at $62.2k
    I would have waited until after the ATH is pushed through before going short. I fully expect a new ATH to be reached in the next 24 hours, but expect a reasonably significant retracement afterwards. (Back to about $56k)

  27. #4477
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    Im guessing we see a blow off top around 78k for the next ATH.

  28. #4478
    Mining is all over the place right now

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  29. #4479
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    Quote Originally Posted by Bangers View Post
    Im guessing we see a blow off top around 78k for the next ATH.
    That’s roundabouts my thinking too. Interesting to see how big the correction that follows will be

  30. #4480
    Grand Master Raffe's Avatar
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    That new all-time high, though....
    Someone who lies about the little things will lie about the big things too.

    Terry McAuliffe

  31. #4481
    Grand Master Raffe's Avatar
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    Quote Originally Posted by Raffe View Post
    That new all-time high, though....
    Oh well...

    Bouncing around like a pinball.
    Someone who lies about the little things will lie about the big things too.

    Terry McAuliffe

  32. #4482
    Journeyman
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    Highest weekly close ever for BTC. Bodes well for a new ATH.

  33. #4483
    If I hadn't checked my balance at 11 last night I wouldn't have known what happened

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  34. #4484
    Grand Master Raffe's Avatar
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    Quote Originally Posted by Daveya. View Post
    If I hadn't checked my balance at 11 last night I wouldn't have known what happened

    Sent from my Pixel 5 using Tapatalk
    Yes, unbelievable isn't it?

    We'll see, but looks rather strong here.
    Someone who lies about the little things will lie about the big things too.

    Terry McAuliffe

  35. #4485
    Quote Originally Posted by Raffe View Post
    Yes, unbelievable isn't it?

    We'll see, but looks rather strong here.
    Was mental, for those who fell asleep on the settee

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  36. #4486
    Two Sundays in a row

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  37. #4487
    Which is like every Sunday , think I'll just buy every Sunday night , sell Monday morning, lambo by Christmas, easy innit

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  38. #4488
    Grand Master Raffe's Avatar
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    Out of short.
    Someone who lies about the little things will lie about the big things too.

    Terry McAuliffe

  39. #4489
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    I think I risked about £600 on this a few years ago; my portfolio is worth £5115 at the moment. I turned out to be something of a master investment strategist, apparently.

  40. #4490
    Quote Originally Posted by Raffe View Post
    Out of short.
    Don't blame you , things a bit mad

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  41. #4491
    Quote Originally Posted by Raffe View Post
    Out of short.
    Good timing , doffs hat

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  42. #4492
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    Pre-orders for Lambos are increasing daily, just in case anyone is on the fence :-)

  43. #4493
    Grand Master Raffe's Avatar
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    Small long in the future on break of $62.5 today, but no real follow through yet.

    I am not convinced. If this doesn't take off within next 24 hours it may just as well falter again.
    Someone who lies about the little things will lie about the big things too.

    Terry McAuliffe

  44. #4494
    Master murkeywaters's Avatar
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    Quote Originally Posted by demonloop View Post
    Pre-orders for Lambos are increasing daily, just in case anyone is on the fence :-)
    Lambo is a bit far for me at the mo, thought about a Tesla to keep that share price mooning but Ryan's EV parking thread has put me off!

    Quote Originally Posted by Raffe View Post
    Small long in the future on break of $62.5 today, but no real follow through yet.

    I am not convinced. If this doesn't take off within next 24 hours it may just as well falter again.
    $65k before GMT daybreak tomorrow - possible??

  45. #4495
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    Quote Originally Posted by Raffe View Post
    Small long in the future on break of $62.5 today, but no real follow through yet.

    I am not convinced. If this doesn't take off within next 24 hours it may just as well falter again.
    I think the take off is coming, but I’m thinking 2-3 weeks

  46. #4496
    Grand Master Raffe's Avatar
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    Everything is possible.

    Keep an eye on the tether situation, I think that one will pop very soon.
    Someone who lies about the little things will lie about the big things too.

    Terry McAuliffe

  47. #4497
    Master petethegeek's Avatar
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    Quote Originally Posted by Raffe View Post
    Keep an eye on the tether situation, I think that one will pop very soon.
    Indeed, it certainly looks like a story that refuses to fade into the background -
    https://www.ft.com/content/0035016c-...3-2a17df490aa5

  48. #4498
    Master petethegeek's Avatar
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    Quote Originally Posted by Raffe View Post
    Bloomberg reported that the first BTC ETF will be approved today.
    Quote Originally Posted by petethegeek View Post
    Would that lead to a reduction of interest in the current BTC ETF lookalikes such as MicroStrategy?
    Bloomberg appear to think that the answer is 'yes' - https://www.bloomberg.com/news/artic...stock-s-thesis

  49. #4499
    Grand Master Raffe's Avatar
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    Quote Originally Posted by petethegeek View Post
    Indeed, it certainly looks like a story that refuses to fade into the background -
    https://www.ft.com/content/0035016c-...3-2a17df490aa5
    Oops.

    https://hindenburgresearch.com/tether/
    Someone who lies about the little things will lie about the big things too.

    Terry McAuliffe

  50. #4500
    Master petethegeek's Avatar
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    Guaranteed to get those feet tapping over the croissants and latte.


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