A BIG PART of the problem!!
BITCOIN
- Thread starter Weather Man
- Start date
A BIG PART of the problem!!
All assets are denominated in US dollar, every transaction takes place in the US dollar, wealth being created every day, including crypto LOL, is in US dollars.
I do agree that the debt and deficit path we and the rest of the world will hit the wall at some point. That doesn't mean crypto is anything else but rat poison.
Interesting chart considering that's the year the federal reserve was created
I still don’t get the “ fake money “
Like no… you buy Bitcoin… it goes up. You sell it. You’ve made money. You transfer profit to your bank account and you spend the money.
I’m not sure if weather thinks .. “ no no once you buy bitcoin it’s just a coin “
Again… I was the one screaaaaaming buy doge coin when it went from .04 to .7.. I was flat out saying get in before that years Super Bowl.
And if you did.. you would have made a killing and been able to spend REAL money to invest in whatever you want.
But you can’t deny if you bought into it 4 years ago. You’d be up 1300%
Like no… you buy Bitcoin… it goes up. You sell it. You’ve made money. You transfer profit to your bank account and you spend the money.
I’m not sure if weather thinks .. “ no no once you buy bitcoin it’s just a coin “
Again… I was the one screaaaaaming buy doge coin when it went from .04 to .7.. I was flat out saying get in before that years Super Bowl.
And if you did.. you would have made a killing and been able to spend REAL money to invest in whatever you want.
But you can’t deny if you bought into it 4 years ago. You’d be up 1300%
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BLACKROCK SPOT ETF TICKER JUST ANNOUINCED: $IBTC
probably nothing, govt will ban it soon
probably nothing, govt will ban it soon
congrats to anyone who got to Bitcoin before Wallstreet did.
Job well done boys!
How can they do that with a spot ETF?
Also, I thought they could already do that with the paper ETFs that were already approved years ago?
The options market is what is going to be a problem synthetically.
If you look into it right now you can buy out to January 2026… 2 plus full years out.
It’s capped at 30% upside but skews to over 60% downside from current price structure.
We’ll see how black rocks MM rolls out. But it’s already capped to essentially 40K on the high and 12K on the low.
I expect black rock to box it in even more.
If you look into it right now you can buy out to January 2026… 2 plus full years out.
It’s capped at 30% upside but skews to over 60% downside from current price structure.
We’ll see how black rocks MM rolls out. But it’s already capped to essentially 40K on the high and 12K on the low.
I expect black rock to box it in even more.
touched $35k boys, what a day
to all the nocoiners:
to all the nocoiners:
Gained 500 in the last 24 hours
Interesting, $34,600, good luck to those riding the pony!
I truly am happy that you’re making money.
But 16% is weak.
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Sir, please put my comment in the proper context. I'm pointing out that even if you bought the pico top of $69k btc, if you simply DCA after that, you'd be profitable! which is amazing.
Personally, i'm up over 100% on my recent buy since i bought more at $16,300
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