25% in the past month on Bitcoin. Definitely has some steam.
Sold all my calls except a few runners on that surge. 412.50 and 413.80 are the levels I'm watching now. May buy both puts and calls with tight stops here, as I could see it running in either direction, but if I had to guess I'd still be bullish hereGolf1 said:
I don't think we can break and hold above 412.50 if it gets there.
Pepper Brooks said:
I don't understand your first comment.
Boy Named Sue said:
Perception is reality on bitcoin... until it isn't. I'd trade it on perception only, knowing reality will be a ***** at some point
Boy Named Sue said:
Lol well, that's about timing. I'm more talking about BSG's point that the price action is reactionary and not fundamental. But I've never bought bitcoin, so...
VIX sub 18. Only 2nd time it's happened since Jan '22. (other time was 2/22/23)wanderer said:hah funny. Was coming here to post the same. VIX coming down do it's 6mo support at ~18.10.Charismatic Megafauna said:Whitehouse Road said:
VIX calls tempting here
I like it. This is basically do or die time to break back into the last month's channel. I am taking the under
Golf1 said:
I don't think we can break and hold above 412.50 if it gets there.
SPY right up against pre-market high yesterday after CPI announcement.Golf1 said:Golf1 said:
I don't think we can break and hold above 412.50 if it gets there.
Wrong.
Pepper Brooks said:
I honestly don't know that the 2010-2020 bull market reference is as relevant as you're suggesting. Comparing something like BTC to a publicly traded company is apples and oranges from valuation, operations, and product perspectives.
The only thing they really have in common is that most people communicate their financial value in USD.
ac04 said:
whew, almost accidentally started learning about the best performing asset in history for a minute there. that was a close one.
Pepper Brooks said:
I'm tempted to try calculate the ROI on my wife's wedding ring since were not far from a decade. The cash flow from her salary is pretty straightforward. I'm not sure what value should be assigned for the sex though…
Me Saying Bitcoin in October 19, 2021 pic.twitter.com/jKH1XA4Lq1
— Frankie MacDonald (@frankiemacd) October 19, 2021
Pepper Brooks said:
I'm tempted to try calculate the ROI on my wife's wedding ring since were not far from a decade. The cash flow from her salary is pretty straightforward. I'm not sure what value should be assigned for the sex though…
Quote:
Research into the sexual relationships of married couples and studies of the legal sex industry suggest that the monetary value of the average married couple's sex life is between $13,260 and $100,000 per year.
Heineken-Ashi said:ac04 said:
whew, almost accidentally started learning about the best performing asset in history for a minute there. that was a close one.
Love when we talk about gold.