mdmontaigne

[mdmontaigne @doyle30575]

@coldexecutlon @TedPillows 7% in the last two days WAS the relief rally lol.

[mdmontaigne @doyle30575]

@gentrywgevers 17 months in office and still hasn't prosecuted anyone for election fraud.

[mdmontaigne @doyle30575]

@Axionnue @TedPillows Several times each day he posts what his thoughts are. Pay attention.

[mdmontaigne @doyle30575]

@joshoonn @TedPillows Because MMs tend to chase available liquidity when trading volumes are low. With just a small nudge of buy orders, they can get a bounce going to draw in other buyers. Shorts get nervous and start buying to cover their shorts, which drives price even higher.

[mdmontaigne @doyle30575]

@PeterSchiff 1 BTC was $1USD in 2011 while an ounce of gold was $1,400USD.

Today, 1 BTC is $60K while gold is $4,000. And that's *after* BTC dropped by 55% from its ATH.

Do the math, Peter. BTC has crushed gold over the last 15 years, and gold has massively underperformed the SPX.

[mdmontaigne @doyle30575]

@BitcoinTresv @TedPillows Trapped with plunging valuations and an obligation to pay 11.5% dividends and other high debt costs. He might need to sell more BTC - and at a significant loss. If/when he does, it will be contagious, causing BTC to drop further and faster.

[mdmontaigne @doyle30575]

@AthenumMap @TedPillows They've never accepted price below it for long. And the longer they do, the lower the 200W drops. Price would need to keep dropping over months to stay below it.

[mdmontaigne @doyle30575]

@kshordyyyyyy @PeterSchiff @Stevo_12 @grok SpaceX holds exactly 18,712 BTC on its balance sheet, which was valued at approximately $1.2 to $1.45 billion depending on market prices. This massive cryptocurrency reserve makes SpaceX the 7th or 8th largest public corporate holder of Bitcoin globally.

[mdmontaigne @doyle30575]

@vtn1508 @TedPillows In the short-term, that's almost always true. Is anybody else saying different and consistently getting it right?

[mdmontaigne @doyle30575]

@XTrader644 @TedPillows Short-term it's almost always fairly close to 50/50, or didn't you know that? If it wasn't, it would be easy.

[mdmontaigne @doyle30575]

@0xSweep @TedPillows 😂🤣😂 I wouldn't bet the farm on it.

[mdmontaigne @doyle30575]

@the_wolf12631 @TedPillows I think his chart pretty clearly shows where he thinks it'll bottom, and it's not that low. Look again.

[mdmontaigne @doyle30575]

@MacroBombastic @TedPillows Not with actual earnings to justify it.

[mdmontaigne @doyle30575]

@bnikolicc @benjamincowen Care to support your thesis with a cogent argument?

[mdmontaigne @doyle30575]

@TedPillows Supposedly, when the preferred stock price drops significantly, the dividend rate is supposed to increase to make the stock more attractive, consequently raising the price back to $100. Not sure how it works if BTC keeps tanking.

[mdmontaigne @doyle30575]

@vMattPrice @TedPillows No one said they always get taken out. They have been likened to magnets. When close enough, they pull tgthr. When a major bottom happens and price climbs up from what liquidity remains below, it gets far enough away not to be pulled to it (bc the opposite pull becomes stronger).

[mdmontaigne @doyle30575]

@KayTheDoc @TedPillows Short-term, that's always the case, but Ted's been remarkably consistent that we're in a bear market, that btc hasn't bottomed yet, and that he expects it to drop to the low 50s.

[mdmontaigne @doyle30575]

@BossyMother @Freedom250 Um, no. They're all saying the same reason, and it's not to be mean. It's because they were - SURPRISE - lied to. Many people don't like being lied to, and they'll refuse to participate when organizers lie to them.

[mdmontaigne @doyle30575]

@real1CSB @Freedom250 "56 states AND TERRITORIES" = 50 states + 6 territories.