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mircea_popescu: Bugpowder there was a lot of under pressure for a while.
mircea_popescu: the way i've seen this to work is when high volume breaks, the price gets set
mircea_popescu: i think tho we will see 24-25 for the rest of the month.
mircea_popescu: meanwhile the girl is totally rocking the stripper thread
mircea_popescu: some whale shorted like i dunno, 20, 30k worth of deep puts last exercise
mircea_popescu: it's funny how that works, i add names, the killed lines counter jumps to hundreds a day, then a few weeks later it's back to 0
mircea_popescu: in the unlikely event there's someone wioth any wealth left physically in the us
mircea_popescu: people were trying to wait past the halving but not much past march, so... squeeze.
mircea_popescu: tbh i was pretty certain the cause of the rally is this
mircea_popescu: srsly. if you're an american and have a foreign bank account
mircea_popescu: and to top it all off next year ALL transfers will have to be charged 30% tax
mircea_popescu: which is why most non-us banks aren't actually dealing with transfers towards the us anymore
mircea_popescu: the mericans came up with this really retarded idea whereby anyone sending money into the us has to also apply the us laws to their customers