just had a buy pop at ~41.5k
this ETF stuff is like the most awesomest thingie ever..
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1343. (Read 26723968 times)
January 12, 2024, 06:27:45 PM
January 12, 2024, 06:13:54 PM
And when you thought things couldn't get any weirder your cordless screwdriver starts acting up:
-> https://www.nozominetworks.com/blog/vulnerabilities-on-bosch-rexroth-nutrunners
Quote from: Vulnerabilities on Bosch Rexroth Nutrunners
Vulnerabilities on Bosch Rexroth Nutrunners May Be Abused to Stop Production Lines, Tamper with Safety-Critical Tightenings
-> https://www.nozominetworks.com/blog/vulnerabilities-on-bosch-rexroth-nutrunners
Apparently it cost too much to pay a human to check mission critical systems with a analog device now.
*glad I'm not going to be around for this future.
I am lucky 67 all kids are dead.
Just me and the wife. We had a good amount of fun for years and still have fun now.
If it all collapses in more than 15 years I would be 82 so I caught a break. Compared to most people under 45 at this moment.
January 12, 2024, 06:03:01 PM
I do think that this is the correction dump or right side Bart following the recent fake pump.
[...]
Totally reasonable, imo.
When i was entering BTC, i was facing a bear trap that made me sell everything again. A few days later i had to enter at a higher price. That was the day my diamond hands were born.
Lost the most by unplanned selling.
Indeed, only sell with a predetermined plan or .... never sell
January 12, 2024, 06:01:15 PM
January 12, 2024, 05:29:24 PM
Time to load up or time to sing.
January 12, 2024, 05:17:35 PM
I do think that this is the correction dump or right side Bart following the recent fake pump.
May look like a Bart, but it's just 2k bitcoin Grayscale dump on Coinbase followed by a leverage liquidation.
Gary knew what he was doing when he demanded cash creation and redemption.
This is different from normal bear market crashes because this money is coming back to bitcoin. It's actually a great opportunity to buy because it's a planned dump where they have to sell to be able to convert their trust. One of the greatest bear traps of all time if you ask me.
Totally reasonable, imo.
When i was entering BTC, i was facing a bear trap that made me sell everything again. A few days later i had to enter at a higher price. That was the day my diamond hands were born.
January 12, 2024, 05:16:34 PM
Bitcoin ETFs were approved and now everyone is wondering why the price dropped to $43k? If they approved you, why didn't it go up? and if they had not approved them, it would still have gone down, these are the things that many ask, but you have to be patient, some what they say is this:
SEC Chair Says Bitcoin Is Centralized After Approving ETFs
Source: https://cryptopotato.com/sec-chair-says-bitcoin-is-centralized-after-approving-etfs/
It catches my attention because they say Irony, but Irony? What they thought was that by approving the ETFs Bitcoin would rise at once, they were wrong, this doesn't work like that.
Now a big milestone! Did the SEC sabotage it?
Source: https://twitter.com/SenLummis/status/1744860826392047845
lol and this?
It seems like a favorable move to see how bitcoin rises... I don't know, Rick...
SEC Chair Says Bitcoin Is Centralized After Approving ETFs
Quote
Bitcoin descended 6% to $43,500 on Thursday as many investors rotated out of the asset after its highly anticipated ETF launch actually passed.
“Investors, I think, should be aware that the underlying asset is a highly speculative, volatile asset,” said Gensler regarding the ETFs, stressing that the agency does not “approve” or “endorse” Bitcoin.
The chairman expanded on his Wednesday statement explaining the approvals, in which he named “ransomware, money laundering, sanction evasion, and terrorist financing,” among Bitcoin’s alleged use cases. Its alleged use cases as a store of value and medium of exchange, he argued, remain suspect.
Furthermore, while Gensler respects certain innovations with blockchain as an “accounting system,” he claimed that there’s a certain “irony” around approving an ETF for a supposedly “decentralized” system.
“Think about the irony of those who would say this week is historic,” he said. “Now you can buy [Bitcoin] through this thing called an exchange-traded product that’s, well, centralized.”
Many within the Bitcoin community share Gensler’s view around ETF products, advising followers to hold their own BTC on a personal wallet where possible, rather than with an ETF.
“Investors, I think, should be aware that the underlying asset is a highly speculative, volatile asset,” said Gensler regarding the ETFs, stressing that the agency does not “approve” or “endorse” Bitcoin.
The chairman expanded on his Wednesday statement explaining the approvals, in which he named “ransomware, money laundering, sanction evasion, and terrorist financing,” among Bitcoin’s alleged use cases. Its alleged use cases as a store of value and medium of exchange, he argued, remain suspect.
Furthermore, while Gensler respects certain innovations with blockchain as an “accounting system,” he claimed that there’s a certain “irony” around approving an ETF for a supposedly “decentralized” system.
“Think about the irony of those who would say this week is historic,” he said. “Now you can buy [Bitcoin] through this thing called an exchange-traded product that’s, well, centralized.”
Many within the Bitcoin community share Gensler’s view around ETF products, advising followers to hold their own BTC on a personal wallet where possible, rather than with an ETF.
Source: https://cryptopotato.com/sec-chair-says-bitcoin-is-centralized-after-approving-etfs/
It catches my attention because they say Irony, but Irony? What they thought was that by approving the ETFs Bitcoin would rise at once, they were wrong, this doesn't work like that.
Now a big milestone! Did the SEC sabotage it?
Source: https://twitter.com/SenLummis/status/1744860826392047845
lol and this?
It seems like a favorable move to see how bitcoin rises... I don't know, Rick...
January 12, 2024, 05:15:45 PM
Hey,
Looks like the ETF approval hasn't made him wake up, come on, it's time to wake up guys..
Looks like the ETF approval hasn't made him wake up, come on, it's time to wake up guys..
Who, Proudhon?
January 12, 2024, 05:13:34 PM
Bitcoin ETFs Drew $655 Million in Net Inflows on Their First Day
As expected GBTC saw $95MM in outflows the first day.
https://www.wsj.com/livecoverage/stock-market-today-dow-jones-bank-earnings-01-12-2024/card/bitcoin-etfs-drew-655-million-in-net-inflows-on-their-first-day-6KdjuBWBe2JyS9XDqvPi
$655MM at $45k/BTC is about 14.500 bitcoins that got sucked into ETF in one day (vs 900 mined [about to become 450 in 3 months but shhh don't tell anyone]). I thank those that are selling now
As expected GBTC saw $95MM in outflows the first day.
https://www.wsj.com/livecoverage/stock-market-today-dow-jones-bank-earnings-01-12-2024/card/bitcoin-etfs-drew-655-million-in-net-inflows-on-their-first-day-6KdjuBWBe2JyS9XDqvPi
$655MM at $45k/BTC is about 14.500 bitcoins that got sucked into ETF in one day (vs 900 mined [about to become 450 in 3 months but shhh don't tell anyone]). I thank those that are selling now
January 12, 2024, 05:08:49 PM
I do think that this is the correction dump or right side Bart following the recent fake pump.
May look like a Bart, but it's just 2k bitcoin Grayscale dump on Coinbase followed by a leverage liquidation.
Gary knew what he was doing when he demanded cash creation and redemption.
This is different from normal bear market crashes because this money is coming back to bitcoin. It's actually a great opportunity to buy because it's a planned dump where they have to sell to be able to convert their trust. One of the greatest bear traps of all time if you ask me.
January 12, 2024, 05:01:16 PM
January 12, 2024, 04:57:46 PM
Good old volatile times... 
Very appeasing in regards of the SEC.
I do think that this is the correction dump or right side Bart following the recent fake pump.
Does Honey Badger care?
Very appeasing in regards of the SEC.
I do think that this is the correction dump or right side Bart following the recent fake pump.
Does Honey Badger care?
January 12, 2024, 04:37:22 PM
Always do as they do, never do as they say you should do.
Vanguard: "BTC is bad mmkay, it's really volatile, so it's bad as a long term investment"
Meanwhile, Vanguard is number 2 and 3 shareholders of MicroStrategy (15% total) and Coinbase (14% total).
Vanguard: "BTC is bad mmkay, it's really volatile, so it's bad as a long term investment"
Meanwhile, Vanguard is number 2 and 3 shareholders of MicroStrategy (15% total) and Coinbase (14% total).
Haha I have been telling a buddy that is very well off to get in for well over a decade and he lost a ton on silver and stocks listening to that retard cramer and I sent him the headline with the etf's and he sent back "maybe that will clamp down the volatility" LOL, I sent back "Hope not, Buy the dips and sell the highs".
But its apparent to me the mainstream is pushing that narrative to the zombies when I heard it from him and you just posted that same coming from vanguard.
Gold, Silver and other stock are better investment than bitcoin while Bitcoin as given better ROI for the past decade than them
Quote
ADDED:
*Sec as well, well the sheeple get what they deserve
At least better than their forex currency but its annoying when they speak as if Bitcoin is the only currency ever being used for illegal activity what about the dollar that has been existing for ages before Bitcoin and can they literally say Dollar is still not being used for illegal activities till now wonder if anyone has ever asked them this question during an interview or n in the Press Quote
The SEC's Gary Gensler reiterated on live cable TV that "Bitcoin is a highly speculative volatile asset that is used for illegal activity."
*Sec as well, well the sheeple get what they deserve
Seriously I thought they won't be speaking about anything at the moment (guess they are too shameless) because it was shameful for the public to know that the mighty SEC are not privacy and security cautious for their number linking to their twitter (X) account to be gotten from a third party and they not also using 2FA
January 12, 2024, 04:01:21 PM
January 12, 2024, 03:01:18 PM
January 12, 2024, 02:01:16 PM
January 12, 2024, 01:38:20 PM
Timber!
January 12, 2024, 01:23:00 PM
And when you thought things couldn't get any weirder your cordless screwdriver starts acting up:
-> https://www.nozominetworks.com/blog/vulnerabilities-on-bosch-rexroth-nutrunners
Quote from: Vulnerabilities on Bosch Rexroth Nutrunners
Vulnerabilities on Bosch Rexroth Nutrunners May Be Abused to Stop Production Lines, Tamper with Safety-Critical Tightenings
-> https://www.nozominetworks.com/blog/vulnerabilities-on-bosch-rexroth-nutrunners
Apparently it cost too much to pay a human to check mission critical systems with a analog device now.
*glad I'm not going to be around for this future.
Well you just put a bullseye on the one real solution for this problem.
January 12, 2024, 01:01:26 PM
And when you thought things couldn't get any weirder your cordless screwdriver starts acting up:
-> https://www.nozominetworks.com/blog/vulnerabilities-on-bosch-rexroth-nutrunners
Quote from: Vulnerabilities on Bosch Rexroth Nutrunners
Vulnerabilities on Bosch Rexroth Nutrunners May Be Abused to Stop Production Lines, Tamper with Safety-Critical Tightenings
-> https://www.nozominetworks.com/blog/vulnerabilities-on-bosch-rexroth-nutrunners
Apparently it cost too much to pay a human to check mission critical systems with a analog device now.
*glad I'm not going to be around for this future.
January 12, 2024, 01:01:22 PM
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