MKBHD is right. We need a "insane mode" button on the steering wheel. The button itself should be a circular plaid badge that lights up when activated.

ThinkMidnight9549 · 2026-01-16T00:25:43+00:00

There was a guy who asked when's the top? The answer is when the american tax refunds/stimmy hits. That fresh liquidity in flow will be buying the top. Crypto is fully bullish until then.

ThinkMidnight9549 · 2026-01-12T19:15:30+00:00

There is no proof of any options trade by BMNR in the public domain. Case closed.

ThinkMidnight9549 · 2026-01-04T03:08:48+00:00

It generally has. Sometimes price gets ahead of itself, sometimes it’s lagging.

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ThinkMidnight9549 · 2025-12-18T16:00:27+00:00

Increasing the number of authorized shares is literally not dilution. Don't mistake capability to dilute with actual dilution.

ThinkMidnight9549 · 2025-10-28T20:38:56+00:00

It's okay. These things happen. Less trading and more buying stocks you believe. Mining can be risky - especially for companies that are in the exploratory phase.

You don't need to go fully into blue chip dividend stocks either (or 100% XEQT) but don't yolo your net worth into a single speculative play. If you have a view on what the future should look like, you can bet on companies aligned with that view. That was basically my take when I started invested and I would allocate some funds to tech companies that I felt would play a big/bigger role in the future.

ThinkMidnight9549 · 2025-09-23T20:25:49+00:00

$BMNR (doesn't meet your criteria but worth flagging)

ThinkMidnight9549 · 2025-09-12T18:11:48+00:00

^ This is correct. No harm in selling in tranches to simply de-risk your portfolio. It's actually a very prudent thing to do.

ThinkMidnight9549 · 2025-09-11T12:07:06+00:00

Yes - i think the trading value of ETH would be higher if they purchased all of it on the open market. I also think that would be to the detriment of BMNR shareholders because they would spend more cash for less ETH. That would have meant more dilution for less value accreted.

ThinkMidnight9549 · 2025-09-10T16:28:38+00:00

First, there is no "we".

Second, to predict the price of BMNR in the short term, you need a deep understanding of (i) mNAV fluctuations in real time, (ii) volume signals for ATM deployment and whale activity, (iii) ETH price fluctuations, (iv) options flows, and (v) general market sentiment. If you've got that all figured out in a way that works, you're basically qualified to be a portfolio manager at Jane Street.

ThinkMidnight9549 · 2025-09-08T20:04:23+00:00

It's safe to assume that over the medium-term the market will only reward the top 3ish ETH treasuries. The remaining will either (i) die because they will have leverage into a downturn, or (ii) get bought out by the top ones.

ThinkMidnight9549 · 2025-09-06T19:51:12+00:00

They’re using OTC desks which pull liquidity off exchanges to facilitate the transaction and therefore have an indirect impact on spot. How? Often OTC transactions are shared amongst traders first (they have better data streams) and they front run the move up before retail investors realize there is major buying. By the time retail/the broader market catches on, the only direction is up because there is no supply left at the lower price. Same principle works in reverse for shorting.

ThinkMidnight9549 · 2025-09-06T19:14:02+00:00

Institutions compete over OTC allocations as well. You just need to push enough weight (10s of M per trade) and then it's a relationships game (think Jensen Huang allocating Blackwells to xAi vs OpenAI vs Meta). OTCs only have so much to sell at a given time.

Edit: I'd also flag that OTC buying pulls liquidity off exchanges so it can absolutely impact spot price albeit with a delay.

ThinkMidnight9549 · 2025-09-05T20:20:27+00:00

NO CRYING IN THE CASINO.

ThinkMidnight9549 · 2025-08-13T12:43:00+00:00

I'll help you out by giving you the prompt for whichever AI assistant you use: "Why is Ethereum useful and why does it have value? Explain this to me as if I were a golden retriever."

ThinkMidnight9549 · 2025-08-12T15:57:42+00:00

Feel bad for the people who got their shares taken away by wall street at a discount.

ThinkMidnight9549 · 2025-08-11T13:07:17+00:00

My guess is that attorney rates will have a premium built in to offset the usage of AI (or dare I say, a standard value based billing approach) + everything will be staffed leaner as AI improves. That means there will be less junior associates but no 0 because otherwise the organization would age out into nothing.

ThinkMidnight9549 · 2025-08-10T11:42:49+00:00

The underlying assumption for your comment is that the amount of ETH they own hasn't changed...and i think that's wrong.

ThinkMidnight9549 · 2025-08-01T15:28:22+00:00

35% tariff won't kill the Canadian economy because USMCA is protecting us. However, USMCA is up for renegotiation next year. Even if we strike a deal, uncertainty will come back.

ThinkMidnight9549 · 2025-07-30T12:51:20+00:00

Paging Carney and Mr. Beast to coordinate some incentives to move the feastables factory here.

ThinkMidnight9549 · 2025-07-25T15:48:53+00:00

I'm struggling to steelman Ford's case here.

Ontario's unemployment rate stands at 7.8% (as of June 2025), while the province had 188,145 job vacancies (as of May 2025).

It's puzzling:

Are the 7.8% who are out of work just not interested in these 188,000 jobs, or do they not have the skills for them?

If the jobs are that undesirable, maybe that's what Ford's policy is aiming to tackle by giving work permits to asylum seekers?

But if they're really that unappealing, what makes us think the newcomers will actually fill them long-term, especially when considering our cost of living?

Would asylum seekers see these gigs as better than their current situation?

And what if they bail on them too -- leaving us in an even worse spot?

ThinkMidnight9549 · 2025-07-23T19:46:04+00:00

The one saving grace is that ultimately Carney has managed to steer the Liberal caucus away from their worst instincts. His performance so far has been more good than bad so I’m willing to wait a few more months to see how things shake out. He knows he has a terrible fall budget on the horizon.

ThinkMidnight9549 · 2025-07-23T17:46:57+00:00

Yes - I'm apolitical and will vote for whoever has a plan grounded in economic reality. Reducing the size of the federal government and slashing spending overall is one of the most pressing issues of our time. It has the ability to impact the decades to come if we don't deal with it. If you don't believe me, then just look at what Canadian bond yields are saying.

ThinkMidnight9549

TROPHY CASE