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I would like to think bitcoin is going to just keep going but I feel like I need to be vigilant from here on up to and a little above the recent high for a potential double top which if it came to pass would be devastating IMO. Nothing I watch is pointing to that or even hinting at that right now. BTW one of the things I am watching is BITI for a potential double bottom which could occur first as the pro's get short.
The weekly bitcoin chart is drawing a bull flag which is expected action after a bull run while the bear flag developing on the daily chart appears to be a fakeout at this point.
Bitcoin correction could be over. I don't know how the halving will affect trading in the near term. I believe the halving will still be a sales tool which brings up the point that with the etf's available there will be a ton of stockbrokers selling this kind of stuff to the public which is ultra bullish IMO. I have a hard time believing that Wall St will let bitcoin get out of their control however. For guys like me who are actually more interested in making money than ego the best course by far is trading not holding. I am still afraid of the miners but the biggest ones might benefit from a washout of the industry. Some time ago I posted that IMO the best idea for INTV was to give up bitcoin mining and take up gold mining. If that would have happened where would the INTV stock price be now?
Looks like you finally turned on Steve. You missed the boat by a few years ago when you sold after the stock crashed. Before the last run, he took my advice and we ran like the wind. We said borrow and buy new equipment.. he read all our posts and reacted. This go around he clearly missed the boat.. Now he is likely off in front of a computer watching each BTC tick between porn videos while sipping on slurpies.. just my opinion but likely true... Time proved you to be one of the dumbest of them all.. well maybe you're a close 2nd to Mr Divies on X.. lolzzz
roflmao @ the asshole adviser
Bitcoin doing ok as expected but not the mining stocks also as expected. The misconception about bitcoin even after the halving is scarcity. IMO There is no scarcity due to bitcoin equivalents and available manipulations. Doesn't mean bitcoin won't go up. It all depends what the people who control the trading want to happen and more importantly (to me anyway) when they want it to happen.
Bitcoin is following the script so far. I have a moving target around 58k right now. It's bitcoin and it can turn on a dime anytime so we will see.
For whatever it is worth INTV is currently oversold. Please don't laugh, it's worth at least a little something. The stock needs some sunshine from somewhere..
Sometimes I wonder if many OTC stocks are real enterprises or just fancy ways to launder money.
Seems like a reasonable target given I do not have much faith in the viability of small miners going forward and not just INTV I would like to think that could change if bitcoin somehow goes up a whole bunch from here but what stops me is the cold hard facts. The actual evidence says that while bitcoin almost 5x'ed off the 15k low INTV stock price lost about 67 percent in the exact same time frame, about a year and a half and if that long term trend continues it could lose another 67 percent in the next year and a half resulting in the stock price of about 37 cents. .So tell me why and when that long term trend should change. What am I not seeing? Is bitcoin 5xing not enough? If not then what is?
Why .37 cents? I think in my occasional post here since 2021 when I last owned intv, I think I posted I might be interested in this at $1 or around it, but that was a previous low. .37 would be a new post split low. How did you arrive at that as there's no past support at that level
This stock has been in a tailspin since early December and has lost about 50 percent since then so where does it come in for a landing? My guess is 37 cents.
Is Scotttrader throwing in the towel on INTV 🫣
Bitcoin has been overbot for a while on the daily chart but that does not mean it's going to turn. Right now there are no reliable 'educated' guesses for traders. There is Fibo and there is measured moves. Momentum trumps these things and will rule the day until it doesn't. End of qtr window dressing season should favor bitcoin etf's. Meanwhile INTV is closing in on the 52 week low. Lordy Mercy!
It did make a good recovery today. This stock was a dynamo in late 2017 and again in 2021 but the whole OTC market seems different now. Not as full of energy when penny season is here.
Correct any party of one can crash this to sub zero with less than 1000 shares.
Youd be better off throwing your monies into a dividend paying ETF in the crypto realm OR buying Bitcoin itself. IMO
If bitcoin keeps going, the rising tide might raise ALL the ships. Now, you still may be left with the liquidity trap on this leaky old boat.
I tried to tell people since the RS… This is TOILET. And a certain person said “This is Steve’s company to do as he pleases”… Well, to that guy… Here ya go! Enjoy!
I tried to tell people since the RS… This is TOILET. And a certain person said “This is Steve’s company to do as he pleases”… Well, to that guy… Here ya go! Enjoy!
Unfortunately no, seeing the recent BTC action and the simultaneous fall of this stock.
Do you think it's going to get better?
People want out, only problem is anyone exiting will tank the stock regardless of their share count being sold. OUCH!
My etf's are up about 4 and a half percent today. Miners getting killed again. Scared not enough of the next greater fools won't buy them if I do even when I think the time is right. If they have a washout at some point that would get me in for a quick trade on the long side. Not interested on the short side.
Any reason for today's dive?
I have no idea about the INTV machines. I think small miners in general will have a hard time after the halving.
Is this stock toast? I thought I read many of the miners it currently uses will be obsolete after the halving. Is that true in your opinion?
If bitcoin continues to the upside, IMO it now becomes gambling instead of easy to make money up and down trading. Very few techinal tools in new territory. The reason I bring this up is because many will feel the same way about it.
We're so being lied to and by unelected bureaucrats who provide data that keeps the Uniparty in power.
Did a little research... a big mac price is now 8.30 whereas last march the price was 5.40 so that is close to a 60 percent rise in one year and close to a double since march 2022. However with the appropriate seasonal adjustment and latest new method of calculating inflation rate the inflation rate comes in at 3 percent. Great job! Keep voting these guys in.
Bitcoin seems to have bumped up against the ascending channel upper boundry trendline. No idea what happens next but for the moment I am keeping a small etf long. I would like to think INTV is pretty well sold out but sure as I say that somebody somewhere will finally have had enough and knock the stock down to 30 cents.so I am not going to say it.
IDK, but it actually can stop trading and very few if anyone at all would notice. Not pretty but them's the facts.
Did Intv stop trading???
Nothing posted on the chart for yesterday or today even though it shares were traded.
Anyone know sumfin’??? 🤷🏻♂️
yep, and now even the big miners are out of favor. Not looking good for miners.
This doesn't look good. Machines are now aged, no announcements of new equipment coming, difficulty rate is going through the roof and the halving is still coming.. wonder what the CEO does with his time all day besides watching the BTC ticker... lol
Question, how many or what percentage of machines will have to be turned off because they become instantly obsolete due to the halving? I wonder if this could turn out to be a goldmine opportunity for the guys with the newest fastest machines? Maybe some miner stocks arent quite finished yet.
Tweet, If the fiat currency ever fails as our currency what would likely replace it is unthinkable. What everybody forgets is that there are ways yet unused (so far this time) to reduce and even somewhat cancel the national debt. I watch gold. It is extremely important for gold to continue to be manipulated as gold is the canary in the coal mine for the international status of the dollar as the world reserve currency. I dont necessarily believe all the meaningless noise constantly around the fate of the dollar which is still by far the cleanest dirty shirt in the dirty shirt pile. It is still used almost exclusively by the end user buisnessman worldwide in spite of the lies of various governments and that is what counts not what you hear on cnn or msnbc.
Bitcoin ran into the old high and that is always an opportunity for Wall St to run the longs mostly those who are using leverage and so far bitcoin is obeying an important ascending channel top trend line just above the old high.. It will not be easy for bitcoin to get above current levels is my guess but of course its crypto so anything can happen. At some point bitcoin should resume the uptrend but the most money by far is made trading the ups and downs.
Just saw the big drop. What caused it? I've been hoping for a lower entry.
You are correct about everything ... including that fiat federal reserve money is most valuable and will never be foresaken by the people for relic things like gold and silver - or finite number-of cryptos based on blockchain ledger
Looks like I was right about yesterdays action. Liquidate the small players. How many times have we seen that, 100? I still think bitcoin may bounce around the old high for a time and then.probably back off but not too far. We will see.
BTC is higher than it was two days ago, give me a break. Going up 43% in a month is fine but 7% drawdown is manipulation. LMAO. Check your biases.
Based on your definition everything is manipulation including Gold, SPY, NVDA, TSLA, Penny stocks, etc. BTC has likely least manipulated price action compared to what's out there.
Of course it's completely manipulated, why do you think they have options and futures. Why do you think they have rehypothication. What use would bitcoin be if it couldn't be manipulated to drain the publics money. And now they finally own enough govt types so that they even got blackrock to do a 180 and love bitcoin (for now)...... It has never been easier to make a fortune.in bitcoin You learn how to trade with them instead of against them. Any 12 yr old can do it. Look at what they do not what they say. For example they don't hold ,do they? They pull money out. Reasonable money not try for stupid outrageous money. How do you know if blackrock was not behind the selling today. They can stuff the portfolio with equivelants and borrow bitcoin and lend bitcoin to make you think the portfolio is static....
CEO Steve is right about the manipulation ... BTC will go beyond where most think possible; but they do knock it around. Hard to find the bottom when you're not directly involved in manipulation - but is a buying opportunity. I bought more around 62.5
Can you just imagine somebody who paid 69k for bitcoin and 2 hours later it's 59k? I think todays action is aimed squarely at the same cannon fodder public who have made Wall St rich every year for 300 years. Human nature never changes..
Qty: 121 units
Models: M31S and M32S
Hashing Range: 66th-80th
Total Value: $349,329.00 (paid in full)
Average Cost Per Unit: $2,887.00
Projected Daily Revenues: $1,800.00
Delivery Timeline: estimated arrival by 02/20/21
******************************************************************************
600 Miners purchased 3-1-21
Model: Avalon 1246
Hashing Rate: 90TH
Qty: 600
Total Cost: $2,713,000 + shipping
Delivery Schedule: 300/March, 50/May, 250/August.
$INTV
Integrated Ventures Signs 3 Year Colocation Agreement With Compute North, LLC
https://www.integratedventuresinc.com/single-post/integrated-ventures-signs-3-year-colocation-agreement-with-compute-north-llc
Compute North TIER 0™ Data Centers info
https://www.computenorth.com/facilities/
https://www.youtube.com/watch?v=qwzCr1xwkog
Update as of 3-12-2021
MINER DELIVERY UPDATE 4-12-21
Below is detailed shipping schedule for all in-coming mining equipment for the rest of 2021:
300 Avalons/model 1166Pro/assorted 75TH-82TH - April delivery
150 WhatsMiners/model M31S/82TH - May delivery
200 Antminers/model S19JPro/100TH - August delivery
250 Avalons/model 1166Pro/75TH-82TH - August delivery
200 Antminers/model S19JPro/100TH - September delivery
200 Antminers/model S19JPro/100TH - October delivery
200 Antminers/model S19JPro/100TH - November delivery
200 Antminers/model S19JPro/100TH - December delivery.
As of 4-12-21
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