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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.9%)
7/28 - 11 (10.1%)
8/4 - 16 (14.7%)
8/11 - 7 (6.4%)
8/18 - 6 (5.5%)
8/25 - 8 (7.3%)
After August - 60 (55%)
Total Voters: 109

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26466116 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
AlcoHoDL
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January 08, 2024, 12:09:58 PM

Something's happening...

Pump in progress!  Cheesy

$45k touched.
fillippone
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January 08, 2024, 12:14:39 PM
Merited by LFC_Bitcoin (3)

@EricBalchunas
Damn, the fee for BlackRock’s Bitcoin ETF will be 0.30% as per their just filed S-1. This is much cheaper than I predicted. Life just got a LOT tougher for everyone else. The ETF Terrordome is no joke.

https://twitter.com/EricBalchunas/status/1744323345502384325

@EricBalchunas
But wait, ARK just dropped their fee to 0.25% in an S-1 filed 20 minutes after BlackRock’s. Told y’all the fee war would break out bf they even launched. And this is w out Vanguard on the mix. Damn.

https://twitter.com/EricBalchunas/status/1744324547690586404

This is the kind of updates I would release only in the final hours before the green light. Management fees are the main weapons for ETF issuers.
I wouldn't have expected so low fees.
AirtelBuzz
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January 08, 2024, 12:27:41 PM

BREAKING: BlackRock and ARK cut their Bitcoin ETF fees

ARK - down from 0.80% to 0.25%
BlackRock - 0.20% for the first 12 months, or the first $5 billion of AUM.

>>> https://twitter.com/BTC_Archive/status/1744328855026803011?t=QAw4Pn_Ro95HDOrQbBdIsQ&s=19
AlcoHoDL
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January 08, 2024, 12:31:03 PM

@EricBalchunas
Damn, the fee for BlackRock’s Bitcoin ETF will be 0.30% as per their just filed S-1. This is much cheaper than I predicted. Life just got a LOT tougher for everyone else. The ETF Terrordome is no joke.

https://twitter.com/EricBalchunas/status/1744323345502384325

@EricBalchunas
But wait, ARK just dropped their fee to 0.25% in an S-1 filed 20 minutes after BlackRock’s. Told y’all the fee war would break out bf they even launched. And this is w out Vanguard on the mix. Damn.

https://twitter.com/EricBalchunas/status/1744324547690586404

This is the kind of updates I would release only in the final hours before the green light. Management fees are the main weapons for ETF issuers.
I wouldn't have expected so low fees.

Me neither. It looks like the competition has already started. All signs indicate there will be a party in 2 days!  Wink
AirtelBuzz
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January 08, 2024, 12:41:47 PM
Last edit: January 08, 2024, 12:52:58 PM by AirtelBuzz


$45k touched.



BTC $45k




hisslyness
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January 08, 2024, 01:03:08 PM


Explanation
Chartbuddy thanks talkimg.com


I feel this was everyone's last chance to buy Bitcoin sub 44K....

Happy to cop a "that didn't age well" post next week

"that didn't age well"

I was a tad bit early with the original comment!...

nevertheless.....


ChartBuddy
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January 08, 2024, 01:03:24 PM


Explanation
Chartbuddy thanks talkimg.com
AirtelBuzz
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January 08, 2024, 01:15:37 PM
Merited by JayJuanGee (1)


BTC ETF fees



OutOfMemory
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January 08, 2024, 01:17:07 PM
Merited by AlcoHoDL (1)

Something's happening...

Pump in progress!  Cheesy

$45k touched.

We don't want $45k touched, we want $45k raped ripped  Grin Cool

EDIT: Grayscale fees  Cheesy Tongue
hisslyness
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January 08, 2024, 01:27:13 PM

Currently working on a project for a client of mine, payment processing related. When we talk about factions of a percentage, it really sounds so minuscule.

However, just 0.22% is enough to shelve the project and stick with what is working now.

Why, because when you bring it back to "in-cash" terms, you are a looking at a difference of over $220,000.00

So when we see these ETF fees, just remember they are skimming potentially $300,000,000.00 every year! ($100B Bitcoin ETF)
Suzume
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January 08, 2024, 01:43:46 PM

Something's happening...

Pump in progress!  Cheesy

$45k touched.

We don't want $45k touched, we want $45k raped ripped  Grin Cool

EDIT: Grayscale fees  Cheesy Tongue


 We successful ripped Btc again it $45K      Grin Cool

 
xhomerx10
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January 08, 2024, 01:55:32 PM
Merited by hisslyness (2), JayJuanGee (1), bitebits (1)

Something's happening...

Pump in progress!  Cheesy

$45k touched.

We don't want $45k touched, we want $45k raped ripped  Grin Cool

EDIT: Grayscale fees  Cheesy Tongue

I have a couple of shares of The Bitcoin Fund (3iQ) ticker symbol QBTC on the TSX where management fees are %1.95.  Maybe this will push them to lower the fees.  Initially, they were %2.5 and my first though was how half of the held bitcoin would be eaten up by fees in 20 years but since they were TFSA eligible, I figured I'd be saving the taxes I would have had to pay on the profits and the TFSA doesn't allow for bitcoin self-custody (yet).   Also, there are no comparable assets to bitcoin and I don't want to be that bitebits guy rolling in fiat reserves from his McDonalds gig Tongue
ChartBuddy
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January 08, 2024, 02:01:16 PM


Explanation
Chartbuddy thanks talkimg.com
ChartBuddy
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January 08, 2024, 03:01:19 PM


Explanation
Chartbuddy thanks talkimg.com
cygan
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January 08, 2024, 03:20:50 PM

@BitcoinBunny please check your pm's... Grin
El duderino_
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January 08, 2024, 03:26:51 PM
Merited by xhomerx10 (1)

Got a little ahead of myself with cygan's cap and forgot about the rollercoaster guy.  He's had more free mods than Jimbo now! Smiley

 

avatar-sized

 


Very cool one @homer
AirtelBuzz
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January 08, 2024, 03:46:49 PM

Ex-SEC Chairman says

Spot Bitcoin ETF approval is inevitable.
There is nothing left to decide.



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January 08, 2024, 04:01:15 PM


Explanation
Chartbuddy thanks talkimg.com
ChartBuddy
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January 08, 2024, 05:01:16 PM


Explanation
Chartbuddy thanks talkimg.com
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January 08, 2024, 05:08:35 PM
Merited by JayJuanGee (1), Paashaas (1)

For some it may look bearish, for others bullish, but I think this is unusually realistic prediction, provided there won't be a black swan event.

Mike Alfred
@mikealfred
Standard Chartered just put out a note saying that we could see $50-100B of spot Bitcoin ETF inflows in 2024 and a BTC price of $200,000 by the end of 2025. This is a big traditional bank, folks. The whole world is about to wake up on this.



https://twitter.com/mikealfred/status/1744381807091490836
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