Marathon Digital Holdings Inc (MARA) Options

What's "crazy" is the lack of content worth reading...

Crazy swings.

Back over $25 yup

Now SP is 20% higher than it was last time BTC was at 60k

There is a lack of real market makers here like crypto which brings big swings when size shows up to buy or sell in my opinion.

You have to wonder, how such nonsensical price action like todays is possible in an “orderly market”

That was awesome Blackrock mystery run, I’m out

Saw this move coming a mile away

Well well, this price action is not suspicious at all

It really looks like it might be able to get back to $25 area

I think it's just finding it's new range....why would the ETF's want to buy at 52 week high so they halted buying. It is probably much easier to short Bitcoin since Wall street has "accepted" it. I think it's ultimately toast now that Wall Street can short it. If they " break" it..... it's over imo.

Think blackrock is propping this up?

Maybe. Appears to be headed back upwards

Maybe they took a pause in selling stock.

MARA was about 10% lower a few days with BTC at same price

Now you can see how much the bias is to the upside

Big time front running a pump from the weekly MA rn

BTC price is about $20,000 below current mining costs

I don't think there are a lot of "market makers" here because of the volatility. Market makers usually provide some stability to a stock. This swings all over the place.

Pump it for me today go go go

Pump it up MM so much perceived demand today

Let’s see if these market makers were buying all day front running a planned Bitcoin pump tonight…

Holding 15’s an 16’s yet. Lets see 30+ again $$$$$$

I don't understand anything at all about Bitcoin. It makes no sense to me. The only thing I know is Mara goes up and down a lot and I'm mining dollars from it at insured platform Chucky.

There are a total of 21 million to be mined and there are just about 1.5 left to be mined. I thought you knew that. That’s why many people think it’s a better investment than gold.

My question relates to whether or not there is a finite number of Bitcoins or an infinite like stocks. If Bitcoin can be "mined" then to me it's not a finite number of coins like they say

The miners aren’t making Bitcoin. There are solving some sort of difficult mathematical equations that only a certain type of high tech computer can solve (ASICS). And they are competing with other computers to see who can solve the problem first. And in return for solving the problem, they receive blocks of Bitcoin. The more computers that are competing, then the mathematical problems become more difficult. Which means you need more and more high tech computers (ASICS) and energy which is expensive. I know this is a simplified explanation, but I think it answers your question. After each halving the reward is cut in half. So for miners to survive they need to receive higher transaction fees (bonuses) for solving these equations or the price of Bitcoin needs to keep going up. MARA is trying to find ways to lower it’s cost to mine Bitcoin using renewable energy and other means. Personally I think MARA will be the biggest and best miner in the world, but unfortunately I’m afraid that all their investments for the future is limiting their short term price per share. I think relative to a few other miners they will do great after 2028, but in the near term I have my doubts.

So I have a question....How can Bitcoin say there is a finite number of coins if these miners can make Bitcoin out of computers? I'm just having fun here mining dollars trading this. Go Mara!!!

Crazy good stock to trade.

no Roaring Kitty here - MARA 28% GME 29% short

Did good today on the puts. Someone should check how these market makers are so consistently able to frontrun the price on Bitcoin with this ticker…

Just went below $20 again

Yes sir I’m in some puts again now

This is sure fun to trade.

Congress tries to reign in the SEC

Crypto rules

https://www.msn.com/en-us/news/politics/biden-vetoes-congress-s-crypto-custody-bill/ar-BB1nq81o

Biden vetoes the action

Thus since congress has failed to act

The SEC rules are set in stone

Know the rules

GLTA

+200% on todays calls. I sold all but one to let ride

+100% on the calls already

Ok got the calls

Will buy a few calls once she’s below $20 today

Bought few calls just now

Close below $20 today

Now dollar rising along with TNX, no bueno for MARA I got some puts

Should announce ETH mining here soon cmon MARA duh

Phew!

Sold them bought calls btc pumping

Just bought some puts on that pop from consumer sentiment report and set tight stops

Obviously, I sold my PUTs a day too soon.

How was I to know today would be the worst market day in over a year.

When things like this happen I always remember what J.P. Morgan once said:

"No one ever when broke taking a profit."

I took profits keeping one put the premiums are super high now tho

Shes really pukin now huh

Nice work! I just got a few more puts