And peoples use their bitcoins on Tesla’s it is known. For the simple folk they think it’s leading to more emission but little do they know 4D chess
Lol! It's an asset and I hope it rises (holding mara now), but ppl pretending there isn't an energy problem is hiding ones head in the sand. In Singapore I see retail shops in old shopping centers openly mining (I think they get free central a/c not sure about electricity), and they aren't running on renewables.
Finally you get MARA. I sold SO MANY puts on it at $26 expiring today. Looks like no love for me. Just juicy high IV premiums.
Man... I was SWEATING last night. Imagine getting assigned a HEFTY amount of contracts late on a FRIDAY and having to hold through the weekend WHILE Bitcoin continues to move (up or down). If it sinks 15% you walk into Monday down God-knows-how-many %.
Cuban invested in it, supposed to be new leader in DeFi space, also Sam Bankman-Fried just invested $35M into Fantom Foundation
He's in a lot of stuff, so be careful. lol. I remember reading one of his biggest holdings recently was actually AAVE.
Yea def understand that, but appreciative of the warning, investing very cautiously...So much is changing though, from NBA topshop, to digital art, to CryptoPunks?! Craziness
Yeah, I'm about to sign up for NBA Top Shot for giggles. lol. There are a lot of companies that are getting into de-fi, NFT, etc. It's just getting started.
I am having fun on robinhood. I know its nothing like you big leaguers Having fun with doge and this is better and more fun than laying $100 to get 150 on deshaun going to the broncos
It's crypto. Whales and trading algos blow out peoples' stops and buy it up and everybody has FOMO, so they buy back into it so they don't miss out and it goes up again. lol. There's also an impending release of the Mary hard fork on March 1st that's fueling much of the ramp-up.
Posted yesterday. Interesting teaser and info on energy use 17min in - https://ark-invest.com/videos/market-commentary/february-26-2021-in-the-know-with-cathie-wood/ I believe this is the white paper: https://ark-invest.com/white-papers/bitcoin-mining-white-paper/