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March 02, 2024, 05:01:17 AM |
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March 02, 2024, 06:03:30 AM |
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March 02, 2024, 07:01:18 AM |
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DirtyKeyboard
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Fly free sweet Mango.
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March 02, 2024, 07:21:23 AM Last edit: March 02, 2024, 08:28:49 AM by DirtyKeyboard |
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ChartBuddy's 24 hour Wall Observation recap ..All Credit to ChartBuddyFebruary, 2024 Wall Observation recap, 1 day = 1 second, beware of flashing images. A day late, but surely not a dollar short. EDIT: I've been truncated by imgur! This link should hopefully work. https://i.ibb.co/Vqdwsym/2-2024.gifhttps://i.ibb.co/Vqdwsym/2-2024.gif
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March 02, 2024, 08:01:17 AM |
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WatChe
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March 02, 2024, 08:45:14 AM Merited by JayJuanGee (1) |
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... JJG OK, I think we're almost done here for the moment. In 2021 I had a larger investment in BTC, that's one big reason it worked out so well. Also, I knew more about how to play the game. This time, alas, I have a smaller amount, so will not clean up bigly unless there is a huge spike. But, it's all good. Speaking of huge spikes, howzabout 1000x? "Bag" says could be, it's the network...: https://bagholder.substack.com/p/monopolyExcellent reading. The article tells very clearly that why Bitcoin will be 1000x from here - 1. There is no corporation or Government on the planet with the resources, power, or capability to create another truly decentralized network.
- 2. Bitcoin has one, with NO possible competition. While other entities could issue their own digital currency, what they can’t do is create another decentralized network.
There are corporates like Kodak or Cisco that were on top of there business but went down due to arrival of other competitors. This may not be the case with Bitcoin as explained in 2 point.
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March 02, 2024, 09:03:26 AM |
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MERlT
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March 02, 2024, 09:15:31 AM |
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Does anyone care to explain or know how these ETF's work? Do they hold indefinitely? Do they sell at x y Z % profit? Do they sell when the clients(boomers) say sell? Or is the fund manager in control? Do they actively trade too?
Thanks,
Michael SonnensheinChief Executive Officer Grayscale Investments CEOI MEMBER SINCE 2021 Michael Sonnenshein is CEO of Grayscale Investments, the world’s largest digital currency asset manager. Under his leadership, the firm has grown to be the definitive leader in crypto investing, offering a wide range of investments, including single-asset and diversified products. Mr. Sonnenshein is regularly featured on CNBC and Bloomberg, and was honored in 2021 as one of 100 People Transforming Business by Business Insider and in 2018 as the publication’s Rising Stars of Wall Street. He serves as a member of the Grayscale board of directors, CME Group Bitcoin Futures Council, and NYU Blockchain Association. Before joining Grayscale, Mr. Sonnenshein was a financial adviser at JP Morgan Securities, covering HNW individuals and institutions, and an analyst at Barclays Wealth, providing coverage to middle‐market hedge funds and institutions. He earned his BBA from the Goizueta Business School at Emory University and his MBA from the Stern School of Business at New York University. In summary absolute corrupt filth.
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ivomm
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The Bitcoin ETFs saw net outflows of $140million on 1st March as someone continued to sell GBTC very aggressively (see inset chart below) Seems most likely to be DCG/Genesis/Gemini selling My guess is DCG are selling to close their debt/s, allowing them to then cut GBTC fees https://twitter.com/homeCointucky Derby update: Looks like a net outflow day for the #Bitcoin ETFs of -$140 million. The Big outflows from $GBTC today were almost certainly related to the Genesis & Gemini situation https://twitter.com/JSeyff/status/1763792981763526805
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ivomm
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March 02, 2024, 09:20:18 AM |
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Does anyone care to explain or know how these ETF's work? Do they hold indefinitely? Do they sell at x y Z % profit? Do they sell when the clients(boomers) say sell? Or is the fund manager in control? Do they actively trade too?
Thanks,
There is a very good explanation in this long twitter thread: https://twitter.com/teddyfuse/status/1763577899506921632
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MERlT
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March 02, 2024, 09:44:17 AM |
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Does anyone care to explain or know how these ETF's work? Do they hold indefinitely? Do they sell at x y Z % profit? Do they sell when the clients(boomers) say sell? Or is the fund manager in control? Do they actively trade too?
Thanks,
There is a very good explanation in this long twitter thread: https://twitter.com/teddyfuse/status/1763577899506921632 Michael SonnensheinChief Executive Officer Grayscale Investments CEOI MEMBER SINCE 2021 Michael Sonnenshein is CEO of Grayscale Investments, the world’s largest digital currency asset manager. Under his leadership, the firm has grown to be the definitive leader in crypto investing, offering a wide range of investments, including single-asset and diversified products. Mr. Sonnenshein is regularly featured on CNBC and Bloomberg, and was honored in 2021 as one of 100 People Transforming Business by Business Insider and in 2018 as the publication’s Rising Stars of Wall Street. He serves as a member of the Grayscale board of directors, CME Group Bitcoin Futures Council, and NYU Blockchain Association. Before joining Grayscale, Mr. Sonnenshein was a financial adviser at JP Morgan Securities, covering HNW individuals and institutions, and an analyst at Barclays Wealth, providing coverage to middle‐market hedge funds and institutions. He earned his BBA from the Goizueta Business School at Emory University and his MBA from the Stern School of Business at New York University. In summary absolute corrupt filth.
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ChartBuddy
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March 02, 2024, 10:03:24 AM |
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March 02, 2024, 11:03:25 AM |
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March 02, 2024, 12:01:23 PM |
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March 02, 2024, 01:01:18 PM |
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March 02, 2024, 02:01:17 PM |
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cygan
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Crypto Swap Exchange
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March 02, 2024, 02:12:24 PM |
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you can see that it's finally the weekend enjoy time with your loved ones
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danadc
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March 02, 2024, 02:52:17 PM |
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This week has been crucial for Bitcon, many good things are happening, for now a lot of uncertainty is being generated whether or not it will reach $100k this month, in fact even the least bitconi believers have spoken out: Peter Schiff calls for balanced coverage between Gold and Bitcoin Peter Schiff accuses CNBC of focusing too much on Bitcoin, neglecting significant gold market developments. Gold prices reached a two-month-high, nearly surging 1.5% due to weak U.S. factory data and consumer sentiment. The spot price of gold approached its record high in December 2023, indicating a potential for future growth. Original Source: https://www.cryptopolitan.com/peter-schiff-calls-for-balanced-coverage-between-gold-and-bitcoin/I have always really liked gold, but physical gold is something necessary that we should all have, both physical gold and Digital Gold (BTC). I have always considered Peter a very intelligent character, the bad thing is that he does not like bitcoin and that bitcoin has a very great potential, between gold and bitcoin I think they should not be compared, they are assets, they are money, and every defender gold is very reluctant with bitcoin. What I like most about this is that there are many who are buying Bitcoin and they are Stored in many Wallets as if to mislead and I Imagine they do this so that they do not Detail that bitcoin can go up a lot. 671,000 BTC Bought by Million Bitcoin Addresses at This Massive Demand ZoneThis accumulation zone, according to Ali, highlights strong investor confidence and could serve as a crucial level of support for BTC, potentially cushioning against further drops. Moving forward, Bitcoin will face its next hurdle in the range between $63,282 and $67,413. This is where 48,440 BTC were bought by 193,230 Bitcoin addresses at an average price of $65,164, per IntoTheBlock. Read more on U.Today https://u.today/671000-btc-bought-by-million-bitcoin-addresses-at-this-massive-demand-zoneOriginal Source: https://u.today/671000-btc-bought-by-million-bitcoin-addresses-at-this-massive-demand-zoneThis seems very interesting to me: The bitcoin billionaire Winklevoss twins have to give $1.1 billion back to crypto customersWhat’s cooler than giving away a million dollars? Giving away a billion dollars. The Winklevoss twins Cameron and Tyler, thrust into pop-culture fame after 2010's Facebook founding dramatization The Social Network, reached a settlement Wednesday (Feb. 28) with the New York State Department of Financial Services (NYFDS) to give back $1.1 billion to customers of their cryptocurrency exchange Gemini.
New York sued Gemini in October, alleging that the company had sloppily funneled user funds to Genesis Global Capital, a cryptocurrency lending firm that went belly-up last January, through a program called Gemini Earn. Gemini users were promised 8% “low-risk” returns if they lent their holdings to Genesis, and Genesis in turn lent the money elsewhere. It turns out that the returns were actually very high-risk: Genesis was a big client of the doomed cryptocurrency exchange FTX, which imploded massively in late 2022. Original Source: https://qz.com/winklevoss-twins-gemini-bitcoin-settlement-1851297179
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March 02, 2024, 03:01:26 PM |
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March 02, 2024, 04:01:24 PM |
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