BitcoinBunny
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Activity: 1512
Merit: 2556
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January 24, 2024, 09:53:16 AM |
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Time to leave the $3x,xxxs behind forever.
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BitcoinBunny
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Activity: 1512
Merit: 2556
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January 24, 2024, 10:02:44 AM |
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My friends; have no doubt....
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 24, 2024, 10:03:22 AM |
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ExplanationChartbuddy thanks talkimg.com
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cygan
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Activity: 3206
Merit: 8257
Crypto Swap Exchange
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January 24, 2024, 10:50:44 AM |
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 24, 2024, 11:03:24 AM |
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ExplanationChartbuddy thanks talkimg.com
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Ambatman
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Activity: 322
Merit: 166
★Bitvest.io★ Play Plinko or Invest!
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January 24, 2024, 11:49:53 AM |
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Last time ever under 40K?
Last year? Yes (90.98%). Last time? Not sure All eyes on Bitcoin,awaiting the halving. Individual with FUD are still waiting for 32K I pity them though.
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OutOfMemory
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Activity: 1596
Merit: 3156
Man who stares at charts
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January 24, 2024, 11:50:28 AM |
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My friends; have no doubt.... Yeah, but those climate-crisis-evangelists... Headlines like these are like candy for them, on the other hand.
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 24, 2024, 12:01:19 PM |
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ExplanationChartbuddy thanks talkimg.com
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 24, 2024, 01:01:17 PM |
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ExplanationChartbuddy thanks talkimg.com
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 24, 2024, 02:01:16 PM |
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ExplanationChartbuddy thanks talkimg.com
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 24, 2024, 03:03:29 PM |
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ExplanationChartbuddy thanks talkimg.com
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cygan
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Activity: 3206
Merit: 8257
Crypto Swap Exchange
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January 24, 2024, 03:10:04 PM |
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 24, 2024, 04:01:20 PM |
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ExplanationChartbuddy thanks talkimg.com
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ivomm
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Activity: 1867
Merit: 2915
All good things to those who wait
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January 24, 2024, 04:22:54 PM Merited by JayJuanGee (1) |
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Grayscale deposited 14,487 $BTC($579M) to #CoinbasePrime and 4,750 $BTC($189.8M) to new wallets again 10 mins ago. #Grayscale has deposited 93,700 $BTC($3.85B) to #CoinbasePrime since the #ETF was passed. And currently holds 519,399 $BTC($20.84B). https://twitter.com/lookonchain/status/1750167124150993345https://platform.arkhamintelligence.com/explorer/entity/grayscale----------- The question no one is raising is whether the transfer of Bitcoins from Grayscale to Coinbase Prime constitutes a mandatory sale, and what type is it? To the best of my knowledge, coinbase prime is not an exchange in its own right, but rather a licensed custodian and seller of bitcoins. They use several exchanges when selling and buying, I guess Coinbase, Kraken, etc. We see 15K bitcoins going into coinbase prime every day. But are they all for sales? It strikes me that since the drop below 40K the trading volume on Coinbase is quite low - about 25K bitcoins in 24 hours, something that was before the ETF. This means that no major selling has actually occurred from Coinbase Prime. Whether the ETF allows to request a limit sale - at a certain price, I do not know, I have never worked with an ETF. Or, there is a possibility that they are not currently for sale, but that Grayscale expects such sales in the coming days and is preparing. There is also a considerable part transferred to new addresses. What's going on with Grayscale is suspicious, to say the least. Apparently they are trying to lie to the SEC that Genesis is not bankrupt by inducing sales to cover their liabilities. Whether they will succeed is rather doubtful. Practically every company which went bankrupt - FTX, Alameda, etc., was involved with Grayscale, to say the least. Some even claim that they went bankrupt thanks to Grayscale and Genesis in particular. Everything is described in detail in this long thread: https://twitter.com/real_vijay/status/1721385528510251182 . At any moment, the SEC could end its investigation and charge them with fraud and manipulation and shut down their company and their ETF. Maybe that's why Barry is keeping quiet and letting the bitcoins drain from his trust.
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Biodom
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Activity: 3808
Merit: 4032
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January 24, 2024, 04:30:13 PM Merited by JayJuanGee (1) |
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At any moment, the SEC could end its investigation and charge them with fraud and manipulation and shut down their company and their ETF.
Or, maybe you just make s-t up...I wonder what is more likely?
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sirazimuth
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Activity: 3416
Merit: 3527
born once atheist
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....
Or, maybe you just make s-t up...
Don't be silly. Nobody makes shit up on the intertoobz.
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ivomm
Legendary
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Activity: 1867
Merit: 2915
All good things to those who wait
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January 24, 2024, 04:59:50 PM |
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At any moment, the SEC could end its investigation and charge them with fraud and manipulation and shut down their company and their ETF.
Or, maybe you just make s-t up...I wonder what is more likely? Well, be angry with the authors of twitter threads who expose fraudsers and have facts. But it is easier to bury your head in the sand and deny all, I guess
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 24, 2024, 05:01:18 PM |
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ExplanationChartbuddy thanks talkimg.com
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JayJuanGee
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Activity: 3766
Merit: 10454
Self-Custody is a right. Say no to"Non-custodial"
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January 24, 2024, 05:02:02 PM |
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Short squeeze in the making or the beginning of hugely depressing spring/summer? (wondering for a friend ofc) Edited to add: Had to sell a tiny bit to pay insurances, so it could resume uppity now any moment.
The needing to sell a bit for some "extra" expenses seems like it should have been in the upper $40s, not in the upper $30s.. #justsaying Thanks for pointing that out, it already began to dawn upon me but now I know for sure.. Then again, when the invoices start to change colors so to speak you can't wait any longer for the squiggly lines to please ones desires and wishes. Though seriously, in the past it worked more often than not to wait as long as possible to sell for basic needs (a mandatory insurance is not exactly an "extra" expense in my book). And I'd like to quote Jimbo here in my defense (IIRC, apologies if I'm attributing this wrongly to him) : "Buy if you can and sell if you have to" and it was clearly a "have to" moment. Remembering for what I buyed the sats I sold yesterday I'd like to quote the lil doggie too: "This is fine". Let's say for example if we have an average cost of $1k per BTC or maybe even way less, as Jimbo proclaims to have something like 2 digits on his average cost, but anyhow, for the ease of illustration and maybe even to help guys to relate a bit, then maybe if you are currently around 40x in profits and in the whole scheme of things, it does not make very much difference if you ended up selling some of those coins in 39x profits or if you could have had gotten 49x in profits.
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DaRude
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Activity: 2833
Merit: 1851
In order to dump coins one must have coins
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January 24, 2024, 05:04:07 PM Merited by JayJuanGee (1) |
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Grayscale deposited 14,487 $BTC($579M) to #CoinbasePrime and 4,750 $BTC($189.8M) to new wallets again 10 mins ago. #Grayscale has deposited 93,700 $BTC($3.85B) to #CoinbasePrime since the #ETF was passed. And currently holds 519,399 $BTC($20.84B). https://twitter.com/lookonchain/status/1750167124150993345https://platform.arkhamintelligence.com/explorer/entity/grayscale----------- The question no one is raising is whether the transfer of Bitcoins from Grayscale to Coinbase Prime constitutes a mandatory sale, and what type is it? To the best of my knowledge, coinbase prime is not an exchange in its own right, but rather a licensed custodian and seller of bitcoins. They use several exchanges when selling and buying, I guess Coinbase, Kraken, etc. We see 15K bitcoins going into coinbase prime every day. But are they all for sales? It strikes me that since the drop below 40K the trading volume on Coinbase is quite low - about 25K bitcoins in 24 hours, something that was before the ETF. This means that no major selling has actually occurred from Coinbase Prime. Whether the ETF allows to request a limit sale - at a certain price, I do not know, I have never worked with an ETF. Or, there is a possibility that they are not currently for sale, but that Grayscale expects such sales in the coming days and is preparing. There is also a considerable part transferred to new addresses. What's going on with Grayscale is suspicious, to say the least. Apparently they are trying to lie to the SEC that Genesis is not bankrupt by inducing sales to cover their liabilities. Whether they will succeed is rather doubtful. Practically every company which went bankrupt - FTX, Alameda, etc., was involved with Grayscale, to say the least. Some even claim that they went bankrupt thanks to Grayscale and Genesis in particular. Everything is described in detail in this long thread: https://twitter.com/real_vijay/status/1721385528510251182 . At any moment, the SEC could end its investigation and charge them with fraud and manipulation and shut down their company and their ETF. Maybe that's why Barry is keeping quiet and letting the bitcoins drain from his trust. Coinbase is the custodian for 8 out of the 10 ETFs, so little surprise that they don't move money between their own accounts on the blockchain. For the other stuff to be true Coinbase needs to directly collaborate with DCG on an obvious scam that a 5yr old can prove, so extremely unlikely.
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