Bitcoin is back near an all time high, but BTC mining stocks struggle to catch a bid. What is going on?
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Bitcoin is back near an all time high, but BTC mining stocks struggle to catch a bid. What is going on?
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I bought 25 shares of CLSK by an accidental finger bump and I have it set to sell when it is a little green. Lffffg!
Just added 900 shares holding to $30
hot economy? economic limits are good?
They are predicting Bitcoin's crash.
How about RIOT
Rex your brainstorm is priceless
Rex. Is CLSK/MARA waiting for 100K BTC to start selling?
If I sell my CLSK it will moon. seen this with HOOD and SOFI. not making this new guy mistake again. I placed my CLSK bet and Im not going anywhere …..
Say what you want, this was all a classic media fed pump & dump frenzy. CLSK is probably going back to $11 to fill a hole regardless of what BTC does in the short term. BTC deflating as I type.
New to btc and I hear comment saying that it’s getting harder and harder to mine bitcoin due to its limited supply. And the cost is going to increase. Stock like mara with negative EPS and the high P/E given anticipated dilution of shares, as more and more investor want to get bitcoin exposure, share holders will not benefit as much as investing in bitcoin itself. Anyone can explain if this is valid?
Cleanspark has received a share package and will possibly dilute it?
RIOT and many other miners have diluted so much it’s virtually impossible for any of them to make new all time highs in stock price. Unfortunately many held on to these with price averages in the $30’s, $40’s, etc and they’re never going to be in profit myself included.
Bitcoin is nearing 100k so 10-30% move will be in store and people expect on that move, miners to jump 5x? Last cycle was last cycle. RIOT/BTC dominance can max get to .0004. In the event bitcoin gets to 150k, you’ll be lucky to see a $50-$60 RIOT. Never $80 again
I understand that miners can mine cheaper than buying spot… and that miners will become profitable as the btc price continues to rise.. yet miners lose money every quarter. I believe 4th Q will be better, but how long will profitability last? Miners constantly have to upgrade, global hash rate difficulty constantly on the rise. I don't think it's so cut and dry. Having said that, I'm heavily invested in miners, 80% of my portfolio is currently clsk, iren and bitf… so I'm not trying to Fud here…
And yes, manipulation is crazy.
Thanks Rex, great video
Ngl your picks are trash 🔥 keep up the bad work
Thanks to You Mate, I have realistic expectations for this bullrun. Got into crypto early this year and I have truly learned a lot from you about cycles, crypto and markets as a whole. Now I know that all assets/markets are heavily tied to eachother and global economy has very high impact on Crypto. Thats why I am very cautious about when traditional markets top and how this affects Bitcoin and altcoins. If i havent discovered your channel I would have blindly holding instead of engaging the market…….. I have managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin. in the space of a few months… I'm especially grateful to Jinny Franz's, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Great information!
What’s happening to flux power are the going to be delisted
Bullish flows in BITO etc are all signals that BTC is about to reverse…which it is.
It wont reach 100K…psychological # that almost never gets breached until much later. Start legging out of BTC now, as meme coins are pumping and that is usually the sign of the end of the (at least short term) bull run. There are going to be people, who have NO idea what they are doing, buying BTC etc now and they will pay all of you people a lot of money if you sell now and take your profits from when you bought in around 25K this latest cycle. Get out now.
Probably because of dilution 😂
What do you think about riot ?
Most of the btc has already been mined and in 5-10 years all of the btc will have been mined. That is why mining stocks are going down. People just getting into btc right now a get hyped up but the fact is there’s not much btc left to mine. Most mining companies will need to pivot their strategy.
You say that bitcoin miners have the upper advantage in that they can accumulate bitcoin at a 50% discount, but it seems every four years it becomes twice as expensive for them to mine bitcoin due to the halving. Would you have a response for this?
Even microstrategy was not growing. This got me puzzled.
My nigga i should of bought mstr when i had the chance you smelly caca cabrone
Go passive, go elizzarda!)
Make Money while you can before the Whole $HIT HOUSE goes up in Flames!!! ; )
Go to the top with elizzarda!))
Just added more, especially Gryphon mining 😊
elizzarda: smart moves, steady gains))