Zeunerts
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April 23, 2024, 05:07:01 AM |
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As others have mention, seems GBTC is slowing down and we are having positive inflows again.  |
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ChartBuddy
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Activity: 2170
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 23, 2024, 06:01:15 AM |
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goldkingcoiner
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Verified Bitcoin Hodler
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April 23, 2024, 06:18:38 AM |
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Good morning WO!
Observing $66.5K per corn. All is good.
62K Support is strong, but probably will be retested, should we fall under 65k. Which is a good thing thing. A support confirmation is exactly what we need, especially with the good ETF inflows.
#100k2024
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ChartBuddy
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April 23, 2024, 07:01:14 AM |
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ChartBuddy
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April 23, 2024, 08:01:14 AM |
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ChartBuddy
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April 23, 2024, 09:01:15 AM |
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BitcoinBunny
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April 23, 2024, 09:50:36 AM |
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Imagine if a country would actually invest that precious money from tax paying citizens in say... BTC... but nah, it's better to stay broke, take more money every year and remain broke, print money, promise money you don't have to people who can't be arsed to lift a finger, and be broke some more. Unbelievable.  Inheritance tax take hits record £7.5bn after stealth raid by Hunthttps://uk.yahoo.com/finance/news/inheritance-tax-hits-record-6-072903165.html |
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ChartBuddy
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April 23, 2024, 10:01:14 AM |
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Ambatman
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★Bitvest.io★ Play Plinko or Invest!
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April 23, 2024, 10:11:22 AM |
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Wrong thread.Move to Trash. Imagine if a country would actually invest that precious money from tax paying citizens in say... BTC...
but nah, it's better to stay broke, take more money every year and remain broke, print money, promise money you don't have to people who can't be arsed to lift a finger,
and be broke some more.
Unbelievable.
The issue is not really investing in Bitcoin but using the tax accrued for the citizens. Corruption is becoming mainstream, is like what you order is different for what you get Picking a government is something that should be done with utmost consideration The success of an Economy still lays in the hands of the government. |
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ChartBuddy
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April 23, 2024, 11:01:14 AM |
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DaRude
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In order to dump coins one must have coins
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April 23, 2024, 11:45:39 AM |
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Any estimates on how much money they're hemorrhaging? Which VCs and names are backing up this silliness, so we can make fun of them later? |
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DaRude
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In order to dump coins one must have coins
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April 23, 2024, 12:00:59 PM |
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GM Wall Observers, a small pump back to $66,000. The halving has passed now, hopefully GBTC selling is slowing right down now that they have created a new mini ETF with 0.15% fees.
GBTC outflows 35millions today:  They are slowing down. The key assumption is liquidity. If the new GBTCmini has the same liquidity as the GBTC, then it will be a winner; otherwise, it's nonsense. But the huge seeding is a step in the right direction. If they seed it with BTC60k as they plan, that should provide plenty of liquidity as money makers just need to keep premium/discount to NAV to a minimum. Furthermore, with 0,15% fees they'll have the lowest fees from all ETFs (after teaser rates expire), so i'm actually expecting inflows to mini and outflows to the mothership. This week should give us a glimpse of what it'll be like once GBTC runs out of BTC. |
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ChartBuddy
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April 23, 2024, 12:01:16 PM |
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ChartBuddy
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April 23, 2024, 01:01:15 PM |
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ChartBuddy
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April 23, 2024, 02:01:15 PM |
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JimboToronto
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You're never too old to think young.
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April 23, 2024, 02:49:53 PM |
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Any estimates on how much money they're hemorrhaging? Which VCs and names are backing up this silliness, so we can make fun of them later? What's not hilarious is the fact that they're attaching the Bitcoin name to this ridiculous bullshit. Otherwise, comedy is comedy. |
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ChartBuddy
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April 23, 2024, 03:01:17 PM |
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ChartBuddy
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April 23, 2024, 04:01:14 PM |
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ChartBuddy
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April 23, 2024, 05:01:14 PM |
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fillippone
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If they seed it with BTC60k as they plan, that should provide plenty of liquidity as money makers just need to keep premium/discount to NAV to a minimum. Furthermore, with 0,15% fees they'll have the lowest fees from all ETFs (after teaser rates expire), so i'm actually expecting inflows to mini and outflows to the mothership.
This week should give us a glimpse of what it'll be like once GBTC runs out of BTC.
I do agree, but I still yet have to figure out when this mini stuff will start trading. The funny thing is that we are now grateful to them because they launched this very competitive product for 10% of the funds instead of being so angry at them because they refused to lower the fees on the remaining 90% of their stash. |
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