bitcoinPsycho
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$120000 in 2024 Confirmed
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December 13, 2023, 03:04:53 PM |
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Next Chartbuddy >42K
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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OgNasty
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Leading Crypto Sports Betting & Casino Platform
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Next Chartbuddy >42K
It does look like the worst is over and the market is moving back up again. I don’t know if chart buddy is ready to be back at $42K but it’s certainly getting close. Maybe we haven’t seen the yearly high just yet. I know I feel better when we’re going up instead of down so maybe we have a little more steam left in this Santa Claus rally.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 13, 2023, 04:03:23 PM |
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ExplanationChartbuddy thanks talkimg.com
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El duderino_
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BTC + Crossfit, living life.
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December 13, 2023, 04:05:02 PM |
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Aaaah not 42
Maybe next one 43
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El duderino_
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BTC + Crossfit, living life.
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December 13, 2023, 04:11:26 PM |
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Meanwhile 42 Not buddy published
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vroom
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a Cray can run an endless loop in under 4 hours
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December 13, 2023, 04:13:30 PM |
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Next Chartbuddy >42K
close one
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 13, 2023, 05:01:16 PM |
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ExplanationChartbuddy thanks talkimg.com
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bitcoinPsycho
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Activity: 2464
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$120000 in 2024 Confirmed
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December 13, 2023, 05:04:21 PM |
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Next Chartbuddy >42K
close one Definitely the right direction
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OgNasty
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December 13, 2023, 05:12:55 PM |
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Next Chartbuddy >42K
It does look like the worst is over and the market is moving back up again. I don’t know if chart buddy is ready to be back at $42K but it’s certainly getting close. Maybe we haven’t seen the yearly high just yet. I know I feel better when we’re going up instead of down so maybe we have a little more steam left in this Santa Claus rally. Lucky for me chart buddy didn’t strike when we were above $42K momentarily. I thought for sure this would be the fastest I’ve had to eat my words on this thread. Still, it looks very much like we’ll be hitting $42K on our buddy before day’s end. I’m very glad to see the market not continuing to slide. I got Christmas presents to buy.
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aesma
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December 13, 2023, 05:47:21 PM |
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A colleague of mine says, in a conversation with another and me, during a night operation, he remembers when I told him about having bought a certain amount of coins and the price was around 1000$ and he thought I was crazy, now he recognizes I wasn't crazy after all.
He didn't remember right because the price was lower than that and I mostly got the coins trough mining LTC, but that was still good to hear, although I would rather not talk about my stash now to people...
Only thing sad is that the stash is significantly smaller as I lost coins in various foolish endeavors, but such is life.
As for the price, it's good it's high, although it makes buying more seem a bit pointless. Then I remember I'm predicting at least a 200K price in a not too distant future so it's still cheap.
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ChartBuddy
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Activity: 2156
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 13, 2023, 06:03:26 PM |
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ExplanationChartbuddy thanks talkimg.com
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 13, 2023, 07:01:16 PM |
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ExplanationChartbuddy thanks talkimg.com
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ivomm
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All good things to those who wait
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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/1735005414276878729
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d_eddie
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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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El duderino_
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BTC + Crossfit, living life.
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December 13, 2023, 07:45:56 PM |
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🐜
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 13, 2023, 08:01:17 PM |
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ExplanationChartbuddy thanks talkimg.com
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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December 13, 2023, 08:03:16 PM |
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A colleague of mine says, in a conversation with another and me, during a night operation, he remembers when I told him about having bought a certain amount of coins and the price was around 1000$ and he thought I was crazy, now he recognizes I wasn't crazy after all.
He didn't remember right because the price was lower than that and I mostly got the coins trough mining LTC, but that was still good to hear, although I would rather not talk about my stash now to people...
Only thing sad is that the stash is significantly smaller as I lost coins in various foolish endeavors, but such is life.
As for the price, it's good it's high, although it makes buying more seem a bit pointless. Then I remember I'm predicting at least a 200K price in a not too distant future so it's still cheap.
There surely can be dilemmas for any guys who have already accumulated a decent number of coins, but still have not yet arrived at (or close to) their own entry-level fuck you status. No one can really tell anyone else what that level might be, but each of us surely should have abilities to measure our own individual factors, but even the measuring of individual factors still might not be enough if we are still dependent upon the BTC price to rise. What to do? What to do? Of course, when in doubt accumulate, but still if you are doubting that, then maybe the next level of what to do would at least be to HODL.. Once you have enough cornz, and even too much (if such a thing is possible), then you will likely be able to determine that you have enough and/or too much, and we don't necessarily need to go into those kinds of details, at this time... especially if the current dilemma has to do with whether you already have enough or not. Of course, I find it somewhat problematic to be overly dependent upon BTC spot price to help you determine what to do, but surely spot price is not irrelevant, either...so if the price were to really go to $200k or so in this particular cycle, then what would be the plan? Are there various points to shave off a little cornz (that would presume that you have enough and/or too much)? or just hang in there and just watch the BTC price to go up (if that's what ends up happening?). I would have a difficult time believing that the BTC price would become stable at $200k, even if it were to take a couple of years to get there... but how many legs in advance are we considering in these kinds of speculations? One leg at a time or something else?
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ivomm
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All good things to those who wait
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December 13, 2023, 08:04:38 PM Last edit: December 13, 2023, 11:07:03 PM by ivomm Merited by d_eddie (1), Gachapin (1), machasm (1), Heater (1) |
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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. From what I've read about "in kind" vs "in cash" is that "in cash" has an additional intermediary which is licenced to buy and keep in cold storage the coins ( edit: vs to use Coinbase custody). This will increase the fees, that's why Blackrock insisted on their "in kind" model. But SEC obviously insisted to add also 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, instead of hot wallets, and that nobody on the chain would be able to sell customer's coins without their knowledge. All this is very positive IMO and shows the real change of SEC's attitude towards spot ETF's. ( edit: All this shows also that the SEC staff doesn't trust Coinbase being an unregulated market. In order to minimize the risk for investors, the ETF shares should rely only on licenced companies. Thus only the spot price depends on the unregulated market, which the court found as not a reason to deny 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/1735006033997648371
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El duderino_
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Activity: 2492
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BTC + Crossfit, living life.
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December 13, 2023, 08:17:49 PM |
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A colleague of mine says, in a conversation with another and me, during a night operation, he remembers when I told him about having bought a certain amount of coins and the price was around 1000$ and he thought I was crazy, now he recognizes I wasn't crazy after all.
He didn't remember right because the price was lower than that and I mostly got the coins trough mining LTC, but that was still good to hear, although I would rather not talk about my stash now to people...
Only thing sad is that the stash is significantly smaller as I lost coins in various foolish endeavors, but such is life.
As for the price, it's good it's high, although it makes buying more seem a bit pointless. Then I remember I'm predicting at least a 200K price in a not too distant future so it's still cheap.
If 200 in a not too distant future… then it’s time to move as all-in as possible imo
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