bitcoinPsycho
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Activity: 2464
Merit: 2066
$120000 in 2024 Confirmed
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May 20, 2019, 02:49:25 PM |
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Lovin the hat.
Thanks!
Yes yes . Get in
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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d_eddie
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Activity: 2478
Merit: 2895
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May 20, 2019, 02:58:21 PM Last edit: May 20, 2019, 03:12:01 PM by d_eddie Merited by vapourminer (1) |
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It is interesting that this ETF thing is so important. This side of the pond I could have invested in crypto ETFs for years now... Nothing new...
AFAIK, Crypto ETFs are baskets of shares of selected crypto companies. I think a cryptocurrency ETF exists already, but it includes ETH and other shitcoins. The ETFs under SEC scrutiny would include btc only. What's more, some of them are designed for settlement in kind, not in cash (that is, bitcoin - not USD). The importance or usefulness of such a financial instrument is debatable, but it can't be dismissed as "nothing new". Where's the novelty? Everyone would be able to buy (paper) btc through their stock market broker, without having an account at an exchange. Besides, if the settlement is really in kind, the ETF issuer would have to hold/buy/sell matching amounts of the underlying asset (btc) or bear the risk when the ETF holder asks for payment. That is, if fuckery can be ruled out. Which is a big IF.
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xhomerx10
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Activity: 3822
Merit: 7969
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May 20, 2019, 03:13:38 PM Last edit: May 20, 2019, 03:24:12 PM by xhomerx10 Merited by MrFreeRoMan (1) |
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Lovin the hat.
Thanks!
Hey! Did you see some little prick drop-kicked the Governator while his back was turned? He took it like the champ he is though and in his typical deadpan style said, " I'm just glad the idiot didn't interrupt my Snapchat." https://www.cbc.ca/news/entertainment/schwarzenegger-kicked-south-africa-1.5141774edit: the hat looks good on you! edit2: compliments of MrFreeRoMan
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gembitz
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May 20, 2019, 03:18:12 PM |
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re: Poll. Voted 2020. Don't see a new ATH this year.
Gut is telling me once we breach $9k, it's going to be a very hard slog to find support at $10k.
$900 you mean ? lol when does uncle sam reboot this shitcoin weee
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bitcoinPsycho
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Activity: 2464
Merit: 2066
$120000 in 2024 Confirmed
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May 20, 2019, 03:37:54 PM |
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re: Poll. Voted 2020. Don't see a new ATH this year.
Gut is telling me once we breach $9k, it's going to be a very hard slog to find support at $10k.
I voted 2019 .reason: THIS IS BITCOIN
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PaivanTreidi
Jr. Member
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Activity: 34
Merit: 8
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May 20, 2019, 03:47:40 PM |
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It is interesting that this ETF thing is so important. This side of the pond I could have invested in crypto ETFs for years now... Nothing new...
AFAIK, Crypto ETFs are baskets of shares of selected crypto companies. I think a cryptocurrency ETF exists already, but it includes ETH and other shitcoins. The ETFs under SEC scrutiny would include btc only. What's more, some of them are designed for settlement in kind, not in cash (that is, bitcoin - not USD). The importance or usefulness of such a financial instrument is debatable, but it can't be dismissed as "nothing new". Where's the novelty? Everyone would be able to buy (paper) btc through their stock market broker, without having an account at an exchange. Besides, if the settlement is really in kind, the ETF issuer would have to hold/buy/sell matching amounts of the underlying asset (btc) or bear the risk when the ETF holder asks for payment. That is, if fuckery can be ruled out. Which is a big IF. The swedes have an ETN that tracks Bitcoin only. They call it an etf. As I understand it it is an ETN though.
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Wekkel
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Activity: 3108
Merit: 1531
yes
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May 20, 2019, 03:59:00 PM |
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re: Poll. Voted 2020. Don't see a new ATH this year.
Gut is telling me once we breach $9k, it's going to be a very hard slog to find support at $10k.
I voted 2019 .reason: THIS IS BITCOIN Never Go full retard
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MrFreeRoMan
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May 20, 2019, 04:03:28 PM |
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Ty Used imgflip, but not displayed Edit: @xhomerx10 can you prepare for me a hat, please! But I can wear only in a month
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BitcoinGirl.Club
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Activity: 2758
Merit: 2711
Farewell LEO: o_e_l_e_o
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May 20, 2019, 04:04:08 PM |
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LOL why is that guy kicking this old horse from the back? 🤣 Good morning WO brothers. Observing @ $7,864$9k please.
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BitcoinGirl.Club
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Activity: 2758
Merit: 2711
Farewell LEO: o_e_l_e_o
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May 20, 2019, 04:05:34 PM |
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What year will we achieve a new ATH? 2020 is my guess.
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Biodom
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Activity: 3738
Merit: 3844
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It is interesting that this ETF thing is so important. This side of the pond I could have invested in crypto ETFs for years now... Nothing new...
AFAIK, Crypto ETFs are baskets of shares of selected crypto companies. I think a cryptocurrency ETF exists already, but it includes ETH and other shitcoins. The ETFs under SEC scrutiny would include btc only. What's more, some of them are designed for settlement in kind, not in cash (that is, bitcoin - not USD). The importance or usefulness of such a financial instrument is debatable, but it can't be dismissed as "nothing new". Where's the novelty? Everyone would be able to buy (paper) btc through their stock market broker, without having an account at an exchange. Besides, if the settlement is really in kind, the ETF issuer would have to hold/buy/sell matching amounts of the underlying asset (btc) or bear the risk when the ETF holder asks for payment. That is, if fuckery can be ruled out. Which is a big IF. The swedes have an ETN that tracks Bitcoin only. They call it an etf. As I understand it it is an ETN though. You can buy that ETN (called Bitcoin tracker or something similar) on Fidelity (even retirement accounts can buy). I bought a little just to see how it works. It does track btc mostly OK. Big gaps because of weekends, of course. Trades as CXBTF (in US). https://xbtprovider.com/products/bitcoin-tracker-one
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xhomerx10
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Activity: 3822
Merit: 7969
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May 20, 2019, 04:08:48 PM |
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Ty Used imgflip, but not displayed Edit: @xhomerx10 can you prepare for me a hat, please! But I can wear only in a month FYI file size has to be < 2.5MB or it wont display. edit: Wow. I am just not keeping up today! No problem about the hat.
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kenzawak
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May 20, 2019, 04:17:00 PM |
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^^ I made this one with ezgif :
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gembitz
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May 20, 2019, 04:23:46 PM |
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It is interesting that this ETF thing is so important. This side of the pond I could have invested in crypto ETFs for years now... Nothing new...
AFAIK, Crypto ETFs are baskets of shares of selected crypto companies. I think a cryptocurrency ETF exists already, but it includes ETH and other shitcoins. The ETFs under SEC scrutiny would include btc only. What's more, some of them are designed for settlement in kind, not in cash (that is, bitcoin - not USD). The importance or usefulness of such a financial instrument is debatable, but it can't be dismissed as "nothing new". Where's the novelty? Everyone would be able to buy (paper) btc through their stock market broker, without having an account at an exchange. Besides, if the settlement is really in kind, the ETF issuer would have to hold/buy/sell matching amounts of the underlying asset (btc) or bear the risk when the ETF holder asks for payment. That is, if fuckery can be ruled out. Which is a big IF. The swedes have an ETN that tracks Bitcoin only. They call it an etf. As I understand it it is an ETN though. You can buy that ETN (called Bitcoin tracker or something similar) on Fidelity (even retirement accounts can buy). I bought a little just to see how it works. It does track btc mostly OK. Big gaps because of weekends, of course. Trades as CXBTF (in US). https://xbtprovider.com/products/bitcoin-tracker-one/\speculative derivatives are going to be the undoing of bitcoin for the masses lol axe buffett
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LFC_Bitcoin
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Activity: 3514
Merit: 9495
#1 VIP Crypto Casino
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May 20, 2019, 04:32:02 PM |
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re: Poll. Voted 2020. Don't see a new ATH this year.
Gut is telling me once we breach $9k, it's going to be a very hard slog to find support at $10k.
$900 you mean ? lol when does uncle sam reboot this shitcoin weee gembitz, how much do we have to pay you to not post in our thread again?
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Toxic2040
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Activity: 1792
Merit: 4141
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May 20, 2019, 04:38:22 PM |
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^^ I made this one :
+1 WOsMerit funny but damn...come on, dont mess with Arnie. --------- Good morning. 1h #stronghands'19
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BTCMILLIONAIRE
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May 20, 2019, 04:44:06 PM |
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I haven't tried any of those yet. Way too late, but bourbons are generally milder and sweet.
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LFC_Bitcoin
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#1 VIP Crypto Casino
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May 20, 2019, 04:48:09 PM |
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What year will we achieve a new ATH? 2020 is my guess.
I went for 2021, that’s what I said when we hit the bottom so I can’t change my mind now. It’d make me look like an idiot. I always think the price increases for a while until the halving then we have 3-6 months to wait until the halving takes full effect then we have lift off. I’m calling the new ATH - Q1 or Q2 of 2021.
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El duderino_
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Activity: 2492
Merit: 12006
BTC + Crossfit, living life.
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May 20, 2019, 04:55:50 PM |
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Yep we're going down. 7750 as I write.
Yeah we're going UP. 7771 as I write 7860 Where we going @ me bro's?
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