Partner, COO
@3JayPartners
| We build user-friendly algorithms designed to trade Bitcoin over a full cycle while substantially reducing volatility.
@USC
Trojan
$MSTR has already rebranded as a Bitcoin development company and already controls 1% of the new global money supply.
In 10-20 years or more, after continuing to accumulate bitcoin supply, I feel like the next logical step is to become a banking facility.
What do you think?
If
I'd like to reach out to the
#Bitcoin
community for some advice:
I plan to convince my Dad to adopt a Bitcoin treasury strategy for his company, and I'm looking for the approach with the highest probability of success.
His company specializes in raising capital for, among other
@sunny051488
I knew I wasn’t the only one doing this. 🤝
Just keep in mind you need to pay off the card a month before the introductory rate expires, otherwise they hit you with an interest charge on the whole amount after the intro period ends.
$IREN showing some very healthy price action.
This type of curl-up is my
#1
favorite pattern to buy into, and I've never had regrets after buying this kind of setup.
I definitely prefer it when it happens over a higher timeframe, but 12 days is not insignificant.
Getting some real strong lettuce hands vibes from the mining mafia today.
Does nobody remember just SIX WEEKS ago?
Shit tanked 60% and there weren't this many tears.
My goodness... just get yourselves together, buy the dip, expect more pain, and be happy when we pump to Valhalla.
@WalkerAmerica
@jackmallers
Jack is the best candidate to debate Schiff because he moves past all the nonsensical bluster and gets straight to the point.
He's also incredibly knowledgeable about Bitcoin, money, and economics.
The Schiff debates are always messy because he's an emotional blowhard, and people
For the past 5 months, all you've had to do was buy $CLSK somewhere near $15.
A consolidation of this duration is incredibly healthy and sets a very strong foundation for the next leg up, whenever that may occur.
After 5-6 months of underperformance in the mining stocks, we've reached the point where my total combined portfolio is seeing new ATH every day.
I took that time to really dig in, to understand the potential for these companies, and it's paying off big. My daughter will be born
@PrestonPysh
@LeeWallisUK
Is the goal, then, for $27 per ETF share to equate to $27 worth of Bitcoin? Or is there a different calculation for the value of each share of the ETF?
Finally got my wife to invest in the mining stocks! 🍻
This has been a long time coming, and I'm really proud of both of us for getting to this point.
I got her to put in $10k into
#Bitcoin
back around the new year, which is now worth $15k.
Today she put in $5k into the miners,
@danieleripoll
I thought he after he was done preaching about how only criminals use Bitcoin, that he was about to tell us that's why he personally owns 5,000 BTC
@PeterSchiff
Honestly, how do you sleep at night with the knowledge of how much wealth potential you've destroyed for the people who have listened to you?
"The Financial Accounting Standards Board on Wednesday said companies should use fair-value accounting for measuring bitcoin and other crypto assets" -
@WSJ
This is a major milestone on the road to institutional
#bitcoin
adoption.
@RodFergusson
Please dear god fix the Aspect of Giant Strides not always properly reducing cooldown on Leap for Barbarian 🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼
Some monsters, when hit in the AoE, just don’t reduce the cooldown.
But it does register them as being hit because I don’t get the cooldown bonus for not
Very curious to see how this week plays out.
This interview aired 5:44pm eastern yesterday, and the cat is finally out of the bag about the potential for the Bitcoin mining companies who also provide HPC for AI.
More importantly, they are substantially mispriced because of their
JUST IN: $108 billion VanEck's Matthew Sigel tells CNBC that all the big
#Bitcoin
selling is behind us 👀
"Bitcoin really hits its stride at that point, so we're buyers here, we think it recovers" 🚀
@BTCGandalf
It's an interesting conundrum..
If I had to choose one, sound money is the most important, but only by a hair.
One might be able to argue that if fiat currencies weren't broken by unfettered dilution, we would never have gotten to the catalysts that created Bitcoin.
@cjasonmaier
Yeah, that is
#2
for me haha!
#1
was building a trading algorithm with my brother that allowed us to liquidate our bitcoin (on Binance) the night before FTX crashed, which then got us back in the market in early Jan '23 right before the bull run started.
#3
was the
@CK_Cryptoklepto
@penny_ether
@chiptomunk
@RiotPlatforms
I fully agree these should be completely separate line items within their revenue.
It would be like Bit Digital labeling their HPC hosting revenue as Bitcoin equivalents just because a separate part of their business mines Bitcoin.
Or if they claimed how much ETH they received
@cazenove_uk
@PaulBPrager
@TeraWulfInc
If all the other miners were as transparent as WULF their stock wouldn't run as hard and they wouldn't be able to dilute as much.
@theBTCMiningGuy
There is no second best.
Went from Coke to CokeZero to kick the sugar.
Diet Coke comes nowhere close.
Then moved from CokeZero to LaCroix (tangerine is best) to kick the caffeine and fake sweeteners.
I like water, but I live for the fizzy kick from the carbonation, so bubbly
@BitcoinUndisc
Absolutely agree.
I anticipate the next 2 cycles will still see FOMO euphoria tops and 70%-85% drawdowns.
I anticipate that in roughly 10 years we will start to see the volatility come down more significantly.
I still think $IREN has a huge opportunity in the long run to be one of the top HPC/AI data center hosts in the business that aren't part of the Magnificent 7.
There is a strong demand for access to AI compute that isn't hosted by the hyper-scalers from competing tech companies.
$CORZ deal may be the first shoe to drop...the MWs and the low-cost power are the asset.
This is why I have been buying $CORZ $IREN $CIFR $WULF with a low time preference. These deals will come, demand is NOT slowing.
I love on-chain metrics so much!
People generally have not grasped how powerful these types of insights are, and what is implied.
Never before have humans been able to perform regular health checks on their money supply to this degree.
Cheers to
@_Checkmatey_
and
@glassnode
🎉
#Bitcoin
on-chain analysis tools like SOPR are edge machines.
It's all about being a contrarian
Since STHs are 2023 buyers, the only folks who can Realized a Loss are local top buyers
When STH Realized Loss peaks + STH-SOPR dips below 1.0 in a bullish trend --> sellers flushed
@LinaSeiche
Just ordered a little HODLer for my office and a baby HODLer for my daughter who's arriving in June!
If you make a Rogue Bitcoin plushie, I will be buying one 😄
@RodFergusson
New season feels wayyyyyy better. Thank you for all the quality of life improvements!! The new aspect system, creep spawn densities, and in-game economy are just massively better now.
Quick note: I'm a barb player and Leap HOTA is my favorite build.
The Giant Strides aspect seems
@2020Kev
Yes, they can't charge you interest until the period ends...
But it takes time to get a new card, get approval for balance transfer, and transfer the balance. If you want to risk doing it in the 11th hour, have fun bro. It seems you completely missed the essence of what we're
@coryklippsten
@verysmallclaims
@Swan
Cheers to crypto twitter for making the world a better place. Truly awesome to see someone's hard-earned savings get protected by some random anon on the internet. A well earned follow.
Late post, but $IREN being green today, when nearly every other miner was red, lends substantial strength to the confluence in its technical indicators, suggesting a substantial area of support.
Additionally, of the 12 top mining pubcos, IREN has the lowest short interest from
@Charge_Stack
@TeraWulfInc
@McnallieM
Very strong.
At this point, I feel like holding anything other than CLSK, IREN, WULF, and CIFR is a waste of capital.
Will be doing serious rotations tomorrow to consolidate.
The whole point of my last 4 months of effort was to narrow it down to the top handful and it's becoming
@StonkChris
We knew from the previous halvings that this time period is the 2nd most difficult for miner performance.
People allowed themselves to forget because of Q4's stock performance and Feb rally.
Or, they FOMO'd late in the run and are now bleeding without understanding what they're
@Playful121
Yeah this is one of my anticipations as well. He’s been alluding to such a strategy in his interviews. Eager to see what he’s able to think up!
@DecentraSuze
Let's hope it overcomes none of them so that we have more time to stack at a discount. I make almost no efforts to orange pill anybody except those I care about most so that the secret is kept for that much longer.
This morning’s strong bounce in $IREN (and $WULF) is all the confirmation I need that yesterday’s daily wick below the $9.25-$10.25 support zone was the bottom.
Particularly on $IREN with bull divs on 1H through 1D timeframes.
I’ve got freshly mined fiat coming in next week, and
Daily RSI is the worst it's been in 11 months, and suggesting 61k might be the bottom of this move.
Possibly 60k.
Hard to imagine the psychological 60k round-number level not holding us with wicks to maybe 59.1k-ish at worst.
Thoughts?
When people say gold provides utility for its engineering applications and fashion applications, but discounts Bitcoin as having no utility, this is a really easy use case to point to.
In red below is
#bitcoin
miner electricity consumption, blue is the price of electricity.
When the electricity price is low, miners hash.
When the electricity price spikes, miners turn off.
Demand-response reduces grid stress at peak times.
From
@LooneyWorld
Their wheelhouse has already evolved, what’s to stop them from trying?
Eventually you have more money than you need and you explore other pursuits.
@DSBatten
Wow... they should've just muted you and carried on.
Now you've got nothing to lose!
Keep applying the pressure and, who knows, maybe it'll lead to a change in leadership.
@theBTCMiningGuy
@MediocreMan14
You're right, I didn't know your expiries on the IREN calls.
I had your Sept CORZ calls in mind, which still had 108 DTE on them when you exercised.
When price pumps and vol goes nuts, the premium should be captured, otherwise you probably should've just bought commons in the
@mikealfred
@DarinFeinstein
@Tylerderden23
My daughter, our first child, is scheduled to arrive next Sunday!
So happy that I get to raise her in a world with Bitcoin.
Cherry on top: she’ll get to measure her age in Bitcoin halvings (off by only 2 months) haha.
Cheers to you sir, and thanks for your hard work in this space