Rickard Costan

Bottomed out now?

Project Veritas...

Playing "Big Brother" is not a good look. Everyone is looking for alternative payment services that know they are just a "payment service". Hubris never ends well....

Seems its gonna be a good run now for a while. Steady climb in the works.

19-20 is likley the floor. Resting here for a bit before next 🦬

Sunday tomorrow! 🚀

Got a feeling we're at the cusp of bull season now 🌞👍

Considering gold is not doing that well either although historically it should, it seems the price is being pressed down to maximice profit from the comming market crash. Comodities like gold and btc will go to the moon when everything else falls to the gutter.

Correct me if I'm wrong. Is it not true that its still hard to get rid of huge amount of bitcoin? Isn't this why all the whales are hoping for it to be legal tender so that they can turn theyre bitcoin in to hard assets? Does this not mean that btc has a limit to how much it can actually fall?

Big jump before the end of the month!

Its stress free to just buy the dips and hodl the bull cycle. What ever happens you win 🏆 {{e:f09f9889}}

Riot is now a virtual elevator to BTC price levels. From floor 30 to 62+

Only part of BTCs value is speculative. It also has a fundamental value that comes from the energy put in from mining it. Otherwise mining would be pointless.

That might be the case, although I would argue otherwise. The increase of difficulty level of mining is set in place to counter the ever improving energy efficiency and processor power of computers (that would otherwise steadily decrease the value of bitcoin). But there is no countermeasures that can be taken if the oposite happens. So if we face a decline in processor power or a decrease in power efficiency the prise should rise as a consequence. As you may know we are facing a chip shortage as well as a decrease in power efficiency, and in my mind this should potentially be rocket fuel for bitcoin.

Maybe my logic is not sound. But I'm thinking since BTC is mined and the energy cost of mining is part of what goes in to the value of BTC, rising energy prices should equally rise the price of BTC. Just like the price oil go up when existing wells dry up and the company's have to frack or refine oil sand.

Energy prices are going trough the roof all over the world so naturally BTC price has to go up too.

Here she goes {{e:f09f988a}}👍

Riot is beeing shorted like crazy. If it hits 28$ the downward trend is broken and it will shoot up like a spring. Buy low and sell high 👍

Riot Blockchain is set to declare its quarterly results around Nov 08 – Nov 12.

It's good to remain calm in the drops and buy more if you can. Patience will put you on top of the game. If you gonna sell, sell high.

CCP is a huge bitcoin whale. So why are they banning it? Maybe they want to press it down to buy cheap and make a ****when they drop the ban. Or maybe they don't what the Chinese people to have decentralised buying power.

But its just an opertunity to buy at a discount {{e:f09f988a}}👍

China's new ban

Good opertunity to buy more {{e:f09f988a}}👍

Riot is like a battery child now... Expecting to get hit. But as soon as the above 50 on BTC has been stable for a while you will she will gain her confidence and she will fly again {{e:f09f9889}}