Bitcoin

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Good times ahead. I think everything economic except a handful of petroleum/energy sector producers is going to get crushed in a couple of waves between now-ish and November, but after that it's going to be an absolutely record-breaking decade or two. Thinking it'll be about a 5-6 month window for accumulating a few key crypto.
 
My little system isn’t working on, by prior patterns my puts should’ve paid in spades this week, but btc has broken 73k and falling and Mara has disconnected.


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My little system isn’t working on, by prior patterns my puts should’ve paid in spades this week, but btc has broken 73k and falling and Mara has disconnected.


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I'm pretty dialed in on crypto in general, but the futures side of things is 100% alien to me. Do you have a couple of links or a little explanation you could share? It's something I'd like to learn about.
 
Mara’s price should be in the dumps based on the fact that bitcoin is down 10K instead it’s still ripping.

It probably has something to do with Ai and data centers. The need for compute power is at an all time high and Mara has that to offer. According to their own business profile they have split efforts into Ai infrastructure and digital assets. Just a guess


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It's been quite a while back about how said I should have bought QQQ instead of BTC trackers as the gain in QQQ vs the loss in BTC. They said let's revisit those gains vs losses in so many months. I dont remember how long they said. But on a 6 month chart QQQ is up almost 20% while BTC is down 22%.

I dont remember who it was that said it and I aint knocking them. But I do think that the BTC hayday ia over
 
It's been quite a while back about how said I should have bought QQQ instead of BTC trackers as the gain in QQQ vs the loss in BTC. They said let's revisit those gains vs losses in so many months. I dont remember how long they said. But on a 6 month chart QQQ is up almost 20% while BTC is down 22%.

I dont remember who it was that said it and I aint knocking them. But I do think that the BTC hayday ia over

My take on that's a bit different. We're at the absolute peak of a business cycle similar to 1999 and 2008. Money has fewer and fewer places generally where there's much ROI, so it's piling into stocks. Especially high-performing indexes of select industries. Crypto is also a "risk-on" asset, which means it's in a category where it's the first place people put money if they want a lot of return, and the first place they pull it out of when it's needed elsewhere or there's a downturn personally or in the economy.

QQQ and similar indexes will almost always be outperforming risk-on assets at this exact point in the business cycle. And it's going to get absolutely crushed when the peak crashes over into a correction. Crypto will bottom out both earlier and more severely that QQQ, but will shoot up quicker after the bottoms are in, at far better price appreciation. Especially if the Fed starts printing money and increasing liquidity. Crytpo is a leading indicator of where things are going in the broader economy, both down, and up.
 
It's been quite a while back about how said I should have bought QQQ instead of BTC trackers as the gain in QQQ vs the loss in BTC. They said let's revisit those gains vs losses in so many months. I dont remember how long they said. But on a 6 month chart QQQ is up almost 20% while BTC is down 22%.

I dont remember who it was that said it and I aint knocking them. But I do think that the BTC hayday ia over
Interesting comment re BTC heyday being over. BTC is certainly not an everyday topic on much of much of the financial press anymore.

Will be interesting to see if it breaks 50.
 
Interesting comment re BTC heyday being over. BTC is certainly not an everyday topic on much of much of the financial press anymore.

Will be interesting to see if it breaks 50.
Big money is rotating out of BTC and into AI related stocks and waiting for 3 IPOs. That money will rotate back out after a 2-3X.
 
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