Man in a red suit Flying with a bag of corn? Christmas upon us.
#haiku
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This "in cash" thing about the ETF is ticking me off. They're just looking for a way into paper btc, which as of now isn't a (real) thing. They will have their way, I'm sure.
I hope they get burned by the mightiest short squeeze on the "underlying" the Earth has ever seen. That will teach them and enrich others (notably, some of the people reading these words).
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Nice to see BTC back above $42K as the week kicks off. Was looking like the price might keep sliding.
Head over the waves A corn cob floating, swimming? I might have been wrong #haiku
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place your bets. will 40 k hold..
It won't.
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Floating in limbo Moving coin is expensive End of 23
#haiku
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--plagiarism--
I've highlighted and bolded the issue for you and have a couple questions.
1) Did you forget what thread your in? 2) Do you always plagiarize or did you just forget to apply attributions?Good thing you noticed. I didn't. I thought that particular person didn't even post anymore. For some strange reason, I haven't been seeing anything posted by them for quite some time now.
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NEW: BlackRock modifies the structure of its spot #Bitcoin ETF to allow "Authorized Participants", mainly Wall Street banks, to create new shares in the fund with cash, allowing them an exposure to #Bitcoin even without a license to own #cryptocurrency directly https://twitter.com/BitcoinNewsCom/status/1735005414276878729I don't like this. --snip-- it smells like a rehypothecation fest waiting to happen. From what I've read about "in kind" vs "in cash" is that "in cash" has an additional intermediary which is licensed to buy and keep in cold storage the coins. This will increase the fees, that's why Blackrock insisted on their "in kind" model. But SEC obviously insisted to include also to add the "in cash" option in order to include other major institutions like large banks which don't have a licence to buy and keep the coins. This has nothing to do with derivatives. Now practically everyone can participate in the ETF's, which is even better. Of course, I'm not a financial expert, I just read carefully all tweets from financial experts, which I can't trust 100% of course. SEC concerns are that there will be no way for some company to issue fake shares with no real purchase, to keep the coins in cold, not hot wallets and that nobody on the chain would be able to sell custumer's coins without their knowledge. All this is very positive IMO and shows the real change of SEC's attitude towards spot ETF's. The last minute ammendmets is a clear indicator that the approval will be issued in less than a month, probably around the 8th Jan 2024. Gensler last comment today seems to confirm this expectation: https://twitter.com/JSeyff/status/1735006033997648371Good research, thanks ivomm!
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NEW: BlackRock modifies the structure of its spot #Bitcoin ETF to allow "Authorized Participants", mainly Wall Street banks, to create new shares in the fund with cash, allowing them an exposure to #Bitcoin even without a license to own #cryptocurrency directly https://twitter.com/BitcoinNewsCom/status/1735005414276878729I don't like this. It would be more or less like a derivative then, no? Buying pressure on the ETF can be soothed by some fiat cash, maybe printed on the spot by the friendly Fed, without backing the new shares with hard coin - which would pass the pressure on to the underlying (that is - our lil fiend, king daddy etc.) EDIT - Unless the rules force the actual ETF issuer (BlackRock) to back the new shares with hard coin - supposedly bought with the cash inflow generated by the authorized participant. However, no matter how I turn this thing in my head, it smells like a rehypothecation fest waiting to happen.
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The great Italian director Federico Fellini has a stoning of a woman scene. It is a perfect work around for
"He who is without sin cast the first stone?" {credited to Jesus}
In the Roman Catholic religion you are born with original sin it need to be washed away by baptism.
So you get baptized and are sinless. Next rule you are too young and stupid til you are 7 years old so you are incapable of sin.
So in Fellini's movie the town wants to stone a woman to death.
They give a rock to a 5 year old boy and he already knows to cast the stone .
So the town followed Jesus's rule "He who is without sin cast the first stone?"
10 or twenty people stone the woman.
Which movie is it?
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utterly shameless
putting you back on ignore
But I wait, 4 years 5 months 13 days.But Not achieved Sr.member . But why @nutildah Why??? WO guys no love for me... Can anyone top this particular level of shameless? I can't top it, but I can ignore it.
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Thinking about how easy it is to still keep up with the WO on a daily basis. Even with a x3 from the bottom and the recent price action. We have seen nothing yet.
Seasoned campaigners
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well it depends on what was the "biggest Technological Revolution of our Counted time."
Roman Catholic Church had a lot of power and wealth and did subsidize Da Vinci. But frankly while Da Vinci did design some good shit I am not sure that was the "BTRCT"
The greatest push to important discoveries? It has usually been, and will remain for a long time I'm afraid, war.
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Blah blah
In what ways was this so called "Christianity" responsible for the "biggest Technological Revolution of our Counted time." pray tell? And in what ways is engaging (and quoting) trolls going to produce any valuable results?
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Bull is going on Forward he goes, steady pace A raging young calf
#haiku
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Here we stand, eyes up Waiting for an all time high Smiling and hopeful
#haiku
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Chugging along happily. Will we repeat last ATH, at least in the weaker AYH version? We'll know soon.
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The 'down before up' Our eyes looking at the sky Do we dip before?
#haiku
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