It seems every time we hit an ATH the Youtubers all claim this is it! It's all up and to the right from here!

Is anyone really shocked we hit an ATH during crypto week in congress? Do you think it's gonna stick? Has it in the past? no. It retreats a bit when the emotions cool down. I sold allot near the ATH this week, this next week I will blend back in. I hope to see some more profit taking and 113 by mid week.  I must admit Fridays support at approx 117-118 seemed amazing to me. Somebody's are buying. MAybe if I have some time I will figure out where it's moving around.

I was poking around looking at re utilizing some hardware into AI boxes. AI isn't a constant load and demand on resources changes as well. Is anyone mining AND AI (salad) on the same machines? Maybe even differing AI platforms on the same box. I don't like the idea of idle time

Thanks

Hello, been awhile all.....

I just sold everything, all cash positions..... The markets are way overheated trading above value aka "bubble"

Anytime there is a bitcoin conference or legislation on the hill or basically in the news it soars, for a minute. If there is a high it will retreat, period.

I pulled out near the high over a days period. I will run the numbers today but it's going to be about 119 avg. Today I am going to set an all in at 115. Don't care about a dip just let the market cool off a bit. Could care less if it goes down further, 3.5%  in a few days is good work.

After crypto week is done on the hill I will be buying Monday during the crypto hangover.

A few percent now is a huge number in 10 years.

Right now I am trading 2xETF BITX milking the volatility fairly well.

Well, sure the US is pro BTC and not a third world country.

But damn near the most important part is the cheap excess power in Texas.

On the timeline of financial instruments BTC is infinitesimal lil blip on the screen. The big boys and gals ignored it until it showed it's colors over time. History of performance is very important.

Trump? Allot of A gamers changed their views on it. All of us here on this board collectively don't make a spec on the butt of a Fidelity or Blackrock. When they start swinging there big D*'s around then it gathers notice.

Things are changing, you must or get run over.

Well you have to topics going. Should gvt hold seized btc and should gvt buy btc.

I don't want any gvt getting drunk on seizing citizens monies. It's a slippery slope.

I think it's a good idea for any gvt so own a smattering of instruments. Like gold, silver, bonds and notes. Cash of course. I am more worried about spending than saving.

I can't figure out the crossover. Why? 

I got to give it to her, ol JVN is a good troll and antagonist. I bet she is really lonely to be here. Prolly has like 27 cats and lots of potted plants with the price tag still on them. Probably purple hair and a nose U bolt.

Corrupt commie government? No way!

To bad they don't teach history in schools anymore.

Question. How do you like something that will never ever make 1 dollar?

I have never known a PHD that wasn't a self absorbed piece of shit.

I like silver and had a nice position in it.

My views changed over time from physical hold of it to a blended physical and paper.

I buy physical when somebody is in trouble and needs quick money, I may pay below spot or spot not a penny more. Overspot buying and underspot selling only makes the dealers money, way to much overhead for me.

I like metal on paper, I can trade it without the overhead. So a blended physical and paper.

ETF and 401 k.

My company 401k selections are very small. Just some funds. I can't select individual stocks or ETF's. I hate this but the tax benefits and company matching is "free money"

Is anyone able to get bitcoin exposure in their company matching 401k? Or maybe indirectly via something like Micro Strategy?

 

The big boys have already spoken on what will matter.

https://en.wikipedia.org/wiki/EDX_Markets

BTC, Bitcoin cash, etherium and ltc.....

That's pretty much gonna be it on the big playground.

Cash isn't looking to bad...... But remember none of them represent diversity. none.

I am amazed at the BILLIONS in market cap in everything else. Not sure how much is phony or not, will never play in them. Ever. Maybe a FOMO pump to take peoples money.

I can trade in and out of an ETF with basically no cost and fast within my larger portfolio.

I'm not a fan of exchanges for the same reasons everyone else is, but Coinbase seems to be used/trusted by some major players. But I am sure those custody eaccounts have allot more legalize surrounding them.

Pretty much the same difference as an apple and an orange.

No. You don't want the government in ANY business. It's always comes it disguised as something helpful and eventually mutates into it's intended malicious intent.

Biden does give a rats ass about security, that's a fact. We have a coordinated narrative that Warren is on with "security" and Iran.  It's about the money, they can't manipulate BTC. 

Never ever ever invite government into your business, they never do anything good.

So what, if they legally have a company here and they consume the power an pay for it who cares.

If they make a profit, cool, that's how business work. They employ americans and american made power.

Let me educate you on your thinking.

https://www.youtube.com/watch?v=JM1L3Lobdsk

Actions not words or spin.

Biden doesn't give two fucks about national security especially because of his Chinese handlers / money. Fact.

Remember the Chinese balloon that flew all over everything and he didn't do anything? Remember? So he doesn't care, fact.

Biden is destroying the American economy, fact. He hates bitcoin because the government can't control it. Specifically can't create inflation that robs Americans of retirements and investments and exports our debt to other country's.

Biden attacking btc through "climate change" bullshit. Fact. Now Elizabeth Warren is attacking it because Iran is mining it. Now we have a coordinated narrative of Biden now using "national" security.. Bullshit.

Where is he on China buying up farmland and American property in records number? Nowhere, that's what his Chinese handlers want.

Ray Charles can see this.


   

First is how much does energy cost? 1 to 3 mw is nothing but a drop in the bucket, no negotiating power there.

How much would it cost to cool said dacenter? Is it not in the desert? Better be cheap ass power.

5K per rack? think 30kw. Think 100 plus MW installation to get on the big boys radar.... Cheap power.

Cheap power, cheap power, cheap power....

Lot's of really cheap power...

I thought the Australian grid is a wanker? How about Kiwi hydro?