Goldman Sachs is buying Bitcoin. Blackrock is buying Bitcoin. Fidelity is buying Bitcoin. Paul Tudor Jones, Stanley Druckenmiller, Alan Howard, Michael Saylor, and Michael Dell are buying Bitcoin. And you worry that your uncle Bob and 3 jackass friends from high school aren’t?
Just remember that every time you sell Bitcoin, Blackrock is buying it. If that doesn’t give you nightmares, you may not be human. Stay long and ignore the noise. Valhalla is coming for the true believers with knowledge and conviction.
Cipher Mining is exploring a potential sale after receiving takeover interest, people familiar with the matter said, as soaring demand for data centers make Bitcoin miners takeover targets. trib.al/6B8W8ss
The Bitcoin bears are completely f*cked. While they’re prancing around celebrating a routine 15% bull market correction, BTC is preparing to wake up and tear faces completely off heads. It’s going to be a bloodbath unlike any seen in history and it could begin at any moment.
The success of the AI data center business will pull power and resources away from Bitcoin mining. This is a good thing. Less hash pointed at Bitcoin means better mining economics for the remaining hash. This is classic game theory in action. Very hard to lose with these dynamics
@BillSimmons Simmons and Russillo spoke truth…lakers were “good” but not near good enough to win. Nugs, wolves, thunder, mavs, Celtics, knicks all better, more balanced, and yes- better coached teams. Ham wasn’t good, but he wasn’t the reason they didn’t make a run. They were never going to.
It was all Darvin Ham’s fault! Remember when he traded for Westbrook, picked D-Lo over Conley in the Russ makeup trade, drafted Hood-Schifino over Jaquez, signed Wood and Reddish, gave Rui and D-Lo short deals that immediately made them trade rumor guys…
Serious question because I’ve seen a lot of crazy stuff on this website over the last week: People realize that going from 900 new Bitcoin per day to 450 new Bitcoin per day is bullish, right? Just checking in to make absolutely certain. Please confirm your understanding. Thanks.
One of my absolute favorite things on God's green Earth is when someone who doesn't understand Bitcoin insists that they do, in fact, understand it, despite copious and patently undeniable evidence that they, in fact, do not. I simply love this and cannot get enough. More please.
$BTC BULL MARKET CORRECTIONS
Here is a chart of meaningful corrections in the run up to $20,000 in 2017.
- 41%
- 38%
- 29%
- 34%
- 41%
- 40%
- 27%
Sizable corrections are normal in bull markets and nothing goes straight up, regardless of your favorite narrative.
Interesting data point - at the same time the Bitcoin price hits a new all time high vs USD, its correlation with equities hits a low (23%) not seen since Sep 2021.
(dots on chart are daily correlations of BTC vs SPX taken from 10 minute bars, line is a 21-day moving average)
Thanks, but unfortunately the apology doesn’t cover the $110 non-refundable suburban ride service I had booked for our arrival for myself and colleagues….after pushing it back twice the driver finally cancelled on me. Would’ve been nice if delta was honest and told us it would be a 3 hour delay upfront instead of 5 separate, 30 minute delays.
@MajrMack Hi! Thanks for messaging with Delta! I'm so sorry about the long wait time to get through to us and appreciate your patience. My name is Zilphia. My apologies for the delay getting you to BWI.
@Delta delaying flight 2590 from ATL to BWI, again, & now the employees behind the desk left and are sitting eating food. This after the 1st leg of this round trip was delayed for a “paperwork dispute”….5/6 of my last flights have been delayed for non-weather reasons. Ridiculous.