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69 Pages«<676869
Bitcoin: Does it have a future ?
rwitre
#1361 Posted : Wednesday, February 17, 2021 2:27:13 PM
Rank: Member


Joined: 3/8/2018
Posts: 492
Location: Nairobi
rwitre wrote:
Today in Bitcoin.

MicroStrategy Announces Pricing of Offering of Convertible Senior Notes

A $NASDAQ listed company $MSTR borrowing half-a-billion to buy BTC

Quote:
TYSONS CORNER, Va., December 9, 2020 — MicroStrategy® Incorporated (Nasdaq: MSTR) (“MicroStrategy”) today announced the pricing of its offering of $550 million aggregate principal amount of 0.750% convertible senior notes due 2025

MicroStrategy intends to invest the net proceeds from the sale of the notes in bitcoin in accordance with its Treasury Reserve Policy pending the identification of working capital needs and other general corporate purposes


Will bitcoin end the dollar’s reign?

BTC was a buy at $4000
BTC is a buy at $19000
BTC will be a buy at $50000



February 16, 2021

MicroStrategy Announced another Proposed Private Offering of $600 Million of Convertible Senior Notes

Source: MSTR Press Release

Quote:

MicroStrategy intends to use the net proceeds from the sale of the notes to acquire additional bitcoins.


BTC still a buy at $51500

Get off zero and stack those sats.
rwitre
#1362 Posted : Friday, February 19, 2021 7:25:31 PM
Rank: Member


Joined: 3/8/2018
Posts: 492
Location: Nairobi
Tokyo
#1363 Posted : Saturday, February 20, 2021 2:19:31 AM
Rank: Veteran


Joined: 10/9/2006
Posts: 1,486
Bitcoin approaching KES 6,000,000 anytime now.
work to prosper
mnandii
#1364 Posted : Monday, February 22, 2021 9:06:29 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,299
Bitcoin Pares Losses After Tumbling on Elon Musk’s Price Remarks

Quote:
Elon Musk’s embrace of Bitcoin earlier this month week rocketed the cryptocurrency almost 50% higher to more than $58,000. His cold shoulder this weekend whipsawed the largest digital asset.


link

Am glad none of you was fooolish enough to fall for the cheap analysis up here.
NO ONE INDIVIDUAL OR INSTITUTION CAN CONTROL THE PRICE OF A LIQUID FINANCIAL ASSETT. NONE!!!
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#1365 Posted : Monday, February 22, 2021 9:13:57 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,299
mnandii wrote:
mnandii wrote:
For the two dimwits here, these are the two Elliott Wave Counts am working on.

Scenario I


This count suggests that Bitcoin has completed wave (1) (at $9900) and had a small wave (2) retracement (composed of a combination WX and a triangle Y).
At the next higher degree, wave 1 and 2 are also complete (respectively at $11,375 and $10,860).
Now, this count suggests that we should expect the next leg, a wave 3 rally imediately as depicted by the rising blue trendline. My confidence in this count would continue to rise as wave 3 in Bitcoin rises strongly above $12,000, for example.
I had posted this very count earlier on in this thread.

Scenario II


This is the second scenario. This count suggests that we have a bigger impulsive wave (1) which completed recently at $12,050. This is the alternate count where I have been suggesting that a bigger correction below $10,000 is a possibility. That correction would take the form of an ABC and complete a bigger wave (2) retracement possibly at $6,900.

In both scenarios I expect Bitcoin to rise to levels above $19,000, the previous major high. Only that one count suggests the rally should start immediately while the other suggests a more prolonged time frame.

At some point price action in Bitcoin will eliminate one count count so that we remain with the other. If, for example, Bitcoin falls below $9,200, then our scenario I will be eliminated and we'll remain with scenario II as the working preferred Elliott count.

It is these conundrums that the cobwebs in your heads have not managed to let you see. Sad But I hope now you start to get some level of understanding.


Bitcoin followed scenario I


Jan 4th.
Bitcoin was still at $11,000 but Elliott Waves were clear that Bitcoin would rise past $19,000!
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#1366 Posted : Monday, February 22, 2021 9:17:44 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,299
mnandii wrote:


BITCOIN is completing a minor wave 4 at about $28,000 or slightly below. Afterwards expect another rise above and beyond $42,000.


Posted on Jan 22nd.

link
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#1367 Posted : Monday, February 22, 2021 9:35:28 PM
Rank: Elder


Joined: 10/11/2006
Posts: 2,299
Bitcoin is in a minute wave [v]. Once complete it will rise again above $60,000
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#1368 Posted : Sunday, February 28, 2021 11:20:55 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,299
mnandii wrote:
Bitcoin is in a minute wave [iv]. Once complete it will rise again above $60,000




Wave [iv] in Bitcoin has most likely bottomed at $43,668. Now expecting that rise above $60,000.

A rise in Bitcoin over next week above $51,912 will be confirmation that wave [iv] in deed bottomed at $43,668.

B U Y !
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
mnandii
#1369 Posted : Monday, March 01, 2021 7:26:08 AM
Rank: Elder


Joined: 10/11/2006
Posts: 2,299


ETHEREUM
Expecting one final strong UP move in Ethereum to levels beyond $2030, the previous all-time high to complete wave (1) of [1].

A large correction (crash) will then ensue to likely below $1000 for wave (2).
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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