• BB Brown : talk so much for what? short the shit coin now

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• 10baggerbamm OP BB Brown : by all means go ahead and do it but do me a favor post your short position show everybody that you've got the conviction to actually do something and not talk.
  I'm long Bitcoin directly I'm long Bitcoin and b i t x and I own this leverage ETF on the miners
  so if you think Bitcoin is going to crash and there's people that believe it's going to zero and you might be one of them then show everybody your trade do a screenshot on your phone or your laptop or your tablet and post it.
  by the way you're alleged oh I made $200,000 yesterday shorting Bitcoin is full of shit so I'll call you out and I'll say you're full of shit you're a liar post your fucking trade show everybody because we both know you're all talk you are not up to 200,000 in any trade yesterday because Bitcoin was rallying and if you're short you're getting your head ripped off.
  so go lie to your wife go lie to your kids or I should say go lie to your mom and dad cuz you're probably still living in their basement right now because you can't lie to me.
  as the saying goes you're talking to the player not the fans

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• 72571364 BB Brown : you're all talk. go lay down

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• 10baggerbamm OP 72571364 : I've got almost 40 years in the business I can smell bullshit a mile away and this guy is full of shit and it's very easy to see through people like this so I call them out post your fucking trade real simple do a screenshot and we both know he can't because they're full of shit.

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• ASteffie :

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• ASteffie :

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• ASteffie : I bought some. 

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• 10baggerbamm OP ASteffie : I think you're going to do very well don't worry about day-to-day fluctuations because this is going to be a Bitcoin evolution.
  I think what you will see post Friday crypto conference with Trump roll the clock forward I think you're going to see a lot of other very wealthy Nations like Dubai UAE which are richer than rich buy into Bitcoin and I think they're going to start their own crypto mining empire it's very possible that some of the existing companies are going to get snapped up by much larger companies because it represents a turnkey opportunity and they're buying them with their country's currency which they print to buy a digital asset that is recognized as digital gold
  so I think there's going to be an outstanding long-term upside to this ETF don't be so quick to sell it in 6 months if it's up 10 bucks because as the adaptation of Bitcoin spreads around the world these companies are worth their weight in gold digital gold a multiple of it and they're going to keep growing buying more mining machines I think these companies if I am right maybe I'm not but if I'm right they will be producing returns several times over of what Bitcoin does going forward

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• ASteffie 10baggerbamm OP : Ok. Thanks. Patience is a virtue. I don'tdo too much crypto but your ETFs are usually gold

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• Andy loving trading : Can I buy her Options, sir?

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• 10baggerbamm OP Andy loving trading : I would not buy options. just buy the ETF to own it out right and plan on this being a long-term position

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• Andy loving trading : Thank you for your reply

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• 10baggerbamm OP Andy loving trading : I own a fair amount of Bitcoin and Bitcoin through the leverage etfb ITX I don't have anything but a small small position in the mining companies profits that I left in the companies from trading and I'm not going to try to pick a winner I think if you wanted to own an individual company I think Mara is the best of the best all that being said I think because of what is going to transpire this Friday and I think because of the competition that's going to be coming within the mining industry I think there's going to be many startups around the world a lot of countries are going to throw money into Bitcoin mining operations so that they can mine it directly and not have to buy it in the open market individual companies are going to have to scale much quicker they're going to have to buy more equipment they're going to sell stock I think many of them will and that can have a short-term impact as we've witnessed this year and last year on some of these stocks.. so I'm just buying the ztf and I'm going to put it away and I'm not going to look at it everyday because this becomes a very binary decision. do I believe bitcoin's going to go above 110 120 150 and over time beyond that and if you do that's why you buy this ETF that owns the mining companies because outside of expansion where they have to sell stock to buy more mining equipment their profits are going to sort and if you look at as a group the multiples that the main mining companies are trading at Riot and Mara they trade it like 8 and 10 times for a PE where you have the S&P that trades at 23 times they traded a significant discount so if their multiples expand to just the average of the S&P they're almost triples in the stock price

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