Fun calculation:
On 1 August 2017, Bitcoin Cash (BCH) forked from the main Bitcoin (BTC) blockchain. If you had x BTC at that time, you were given x BCH. Consider the following 2 choices:
1. Keep the forked BCH,
2. Sell the forked BCH and buy BTC.
Picking option (1) in September 2017, your x BCH, then worth around x * $500, today would be worth x * $200 ---> 60% LOSS
Picking option (2) in September 2017, your x BCH, then worth around x * $500 would buy you x * $500 / $4000 BTC at that time, which today would be worth x * $26000 * $500 / $4000 = x * $3250 ---> 550% GAIN
For exact values, replace x with the amount of BTC you had at the time of the fork.
Prices are rough & rounded approximations of spot prices of then and now. The difference in outcome is so huge that the accuracy of prices used is almost irrelevant. We're talking about 1 to 2 orders of magnitude gain in picking (2) vs. (1).
tl;dr: Fork your mother if you want fork! Get rid of all your shitcoins ASAP ---> convert to BTC ---> wait. Tried & tested, never fails.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1655. (Read 26714907 times)
September 26, 2023, 06:35:22 PM
September 26, 2023, 06:25:56 PM
…
Now we have a failed beggar nocoiner basement-living incel who found god…
…..
Oh (mythical) gawd! Don’t get me going…
what do you like for your god no one?
an atheist or a nihilist.
i am more of an agnostic i am just smart enough to know i simply dont know
September 26, 2023, 06:13:35 PM
…
Now we have a failed beggar nocoiner basement-living incel who found god…
…..
Oh (mythical) gawd! Don’t get me started…
September 26, 2023, 06:09:17 PM
https://www.coindesk.com/policy/2023/09/26/us-house-lawmakers-push-secs-gensler-to-approve-spot-bitcoin-etf-immediately/
U.S. House Lawmakers Push SEC’s Gensler to Approve Spot Bitcoin ETF ‘Immediately’
Members of the House Financial Services Committee – two from each party – wrote a letter to Securities and Exchange Commission Chair Gary Gensler urging ETF action.
By Jesse Hamilton
AccessTimeIconSep 26, 2023 at 2:46 p.m. CDT
Updated Sep 26, 2023 at 2:49 p.m. CDT
Lawmakers from both parties are urging U.S. Securities and Exchange Commission Chair Gary Gensler to move on approving a spot bitcoin ETF. (Win McNamee/Getty Images)
Four members of the House Financial Services Committee – including Rep. Tom Emmer, the majority whip in the House leadership – called on the SEC to move forward to approve ETF applications, and they'll be able to ask him about it at a hearing this week.
The industry is waiting for the regulator to act after the SEC lost a court fight over its decision to reject Grayscale's spot bitcoin ETF application.
The U.S. Securities and Exchange Commission (SEC) should listen to the courts and give up efforts to block bitcoin exchange traded funds (ETFs) from regulatory approval, a bipartisan group of lawmakers argued Tuesday in a letter to SEC Chair Gary Gensler.
On the eve of his scheduled appearance before the House Financial Services Committee, four members of that panel sent Gensler a letter contending that a spot bitcoin ETF is “indistinguishable” from the crypto futures ETFs for which the agency has already granted its blessing. Because of that, the agency should sign off on applicants requesting SEC approval, such as Fidelity, BlackRock’s iShares and Grayscale Investments, which shares CoinDesk’s parent company, Digital Currency Group.
“The SEC's current posture is untenable moving forward," said the letter from Reps. Mike Flood (R-Neb.), Tom Emmer (R-Minn.), Wiley Nickel (D-N.C.) and Ritchie Torres (D-N.Y.). "Following the Court of Appeals' decision, there is no reason to continue to deny such applications under inconsistent and discriminatory standards."
Last month, a judge in the D.C. Circuit Court of Appeals' instructed the SEC to rethink its view on these applications. Circuit Judge Neomi Rao wrote that the agency’s rejection in the Grayscale case had been "arbitrary and capricious."
The House lawmakers urged the SEC to approve the outstanding applications “immediately.” Gensler is set to appear in an SEC oversight hearing in that committee on Wednesday, so the members will have a chance to question him on the topic.
A bitcoin ETF could allow investors a much easier way to put money into the cryptocurrency market, because ETFs are designed to be simple to trade in and out of through brokerage accounts.
Emmer, who is a member of the House leadership as majority whip, Flood and Torres are members of the Congressional Blockchain Caucus in the House.
U.S. House Lawmakers Push SEC’s Gensler to Approve Spot Bitcoin ETF ‘Immediately’
Members of the House Financial Services Committee – two from each party – wrote a letter to Securities and Exchange Commission Chair Gary Gensler urging ETF action.
By Jesse Hamilton
AccessTimeIconSep 26, 2023 at 2:46 p.m. CDT
Updated Sep 26, 2023 at 2:49 p.m. CDT
Lawmakers from both parties are urging U.S. Securities and Exchange Commission Chair Gary Gensler to move on approving a spot bitcoin ETF. (Win McNamee/Getty Images)
Four members of the House Financial Services Committee – including Rep. Tom Emmer, the majority whip in the House leadership – called on the SEC to move forward to approve ETF applications, and they'll be able to ask him about it at a hearing this week.
The industry is waiting for the regulator to act after the SEC lost a court fight over its decision to reject Grayscale's spot bitcoin ETF application.
The U.S. Securities and Exchange Commission (SEC) should listen to the courts and give up efforts to block bitcoin exchange traded funds (ETFs) from regulatory approval, a bipartisan group of lawmakers argued Tuesday in a letter to SEC Chair Gary Gensler.
On the eve of his scheduled appearance before the House Financial Services Committee, four members of that panel sent Gensler a letter contending that a spot bitcoin ETF is “indistinguishable” from the crypto futures ETFs for which the agency has already granted its blessing. Because of that, the agency should sign off on applicants requesting SEC approval, such as Fidelity, BlackRock’s iShares and Grayscale Investments, which shares CoinDesk’s parent company, Digital Currency Group.
“The SEC's current posture is untenable moving forward," said the letter from Reps. Mike Flood (R-Neb.), Tom Emmer (R-Minn.), Wiley Nickel (D-N.C.) and Ritchie Torres (D-N.Y.). "Following the Court of Appeals' decision, there is no reason to continue to deny such applications under inconsistent and discriminatory standards."
Last month, a judge in the D.C. Circuit Court of Appeals' instructed the SEC to rethink its view on these applications. Circuit Judge Neomi Rao wrote that the agency’s rejection in the Grayscale case had been "arbitrary and capricious."
The House lawmakers urged the SEC to approve the outstanding applications “immediately.” Gensler is set to appear in an SEC oversight hearing in that committee on Wednesday, so the members will have a chance to question him on the topic.
A bitcoin ETF could allow investors a much easier way to put money into the cryptocurrency market, because ETFs are designed to be simple to trade in and out of through brokerage accounts.
Emmer, who is a member of the House leadership as majority whip, Flood and Torres are members of the Congressional Blockchain Caucus in the House.
The SEC gives a fuck:
January bound: SEC sets decision date on Ark, 21Shares bitcoin ETF
Quote
The Securities and Exchange Commission has posted an apparent reminder it doesn’t want to rush a decision on approving or denying the latest wave of spot bitcoin ETFs.
<...>
But the SEC revealed Tuesday — weeks before that deadline — that it would take until Jan. 10 to approve or deny the product.
<...>
But the SEC revealed Tuesday — weeks before that deadline — that it would take until Jan. 10 to approve or deny the product.
September 26, 2023, 06:04:50 PM
September 26, 2023, 05:56:34 PM
https://www.coindesk.com/policy/2023/09/26/us-house-lawmakers-push-secs-gensler-to-approve-spot-bitcoin-etf-immediately/
U.S. House Lawmakers Push SEC’s Gensler to Approve Spot Bitcoin ETF ‘Immediately’
Members of the House Financial Services Committee – two from each party – wrote a letter to Securities and Exchange Commission Chair Gary Gensler urging ETF action.
By Jesse Hamilton
AccessTimeIconSep 26, 2023 at 2:46 p.m. CDT
Updated Sep 26, 2023 at 2:49 p.m. CDT
Lawmakers from both parties are urging U.S. Securities and Exchange Commission Chair Gary Gensler to move on approving a spot bitcoin ETF. (Win McNamee/Getty Images)
Four members of the House Financial Services Committee – including Rep. Tom Emmer, the majority whip in the House leadership – called on the SEC to move forward to approve ETF applications, and they'll be able to ask him about it at a hearing this week.
The industry is waiting for the regulator to act after the SEC lost a court fight over its decision to reject Grayscale's spot bitcoin ETF application.
The U.S. Securities and Exchange Commission (SEC) should listen to the courts and give up efforts to block bitcoin exchange traded funds (ETFs) from regulatory approval, a bipartisan group of lawmakers argued Tuesday in a letter to SEC Chair Gary Gensler.
On the eve of his scheduled appearance before the House Financial Services Committee, four members of that panel sent Gensler a letter contending that a spot bitcoin ETF is “indistinguishable” from the crypto futures ETFs for which the agency has already granted its blessing. Because of that, the agency should sign off on applicants requesting SEC approval, such as Fidelity, BlackRock’s iShares and Grayscale Investments, which shares CoinDesk’s parent company, Digital Currency Group.
“The SEC's current posture is untenable moving forward," said the letter from Reps. Mike Flood (R-Neb.), Tom Emmer (R-Minn.), Wiley Nickel (D-N.C.) and Ritchie Torres (D-N.Y.). "Following the Court of Appeals' decision, there is no reason to continue to deny such applications under inconsistent and discriminatory standards."
Last month, a judge in the D.C. Circuit Court of Appeals' instructed the SEC to rethink its view on these applications. Circuit Judge Neomi Rao wrote that the agency’s rejection in the Grayscale case had been "arbitrary and capricious."
The House lawmakers urged the SEC to approve the outstanding applications “immediately.” Gensler is set to appear in an SEC oversight hearing in that committee on Wednesday, so the members will have a chance to question him on the topic.
A bitcoin ETF could allow investors a much easier way to put money into the cryptocurrency market, because ETFs are designed to be simple to trade in and out of through brokerage accounts.
Emmer, who is a member of the House leadership as majority whip, Flood and Torres are members of the Congressional Blockchain Caucus in the House.
U.S. House Lawmakers Push SEC’s Gensler to Approve Spot Bitcoin ETF ‘Immediately’
Members of the House Financial Services Committee – two from each party – wrote a letter to Securities and Exchange Commission Chair Gary Gensler urging ETF action.
By Jesse Hamilton
AccessTimeIconSep 26, 2023 at 2:46 p.m. CDT
Updated Sep 26, 2023 at 2:49 p.m. CDT
Lawmakers from both parties are urging U.S. Securities and Exchange Commission Chair Gary Gensler to move on approving a spot bitcoin ETF. (Win McNamee/Getty Images)
Four members of the House Financial Services Committee – including Rep. Tom Emmer, the majority whip in the House leadership – called on the SEC to move forward to approve ETF applications, and they'll be able to ask him about it at a hearing this week.
The industry is waiting for the regulator to act after the SEC lost a court fight over its decision to reject Grayscale's spot bitcoin ETF application.
The U.S. Securities and Exchange Commission (SEC) should listen to the courts and give up efforts to block bitcoin exchange traded funds (ETFs) from regulatory approval, a bipartisan group of lawmakers argued Tuesday in a letter to SEC Chair Gary Gensler.
On the eve of his scheduled appearance before the House Financial Services Committee, four members of that panel sent Gensler a letter contending that a spot bitcoin ETF is “indistinguishable” from the crypto futures ETFs for which the agency has already granted its blessing. Because of that, the agency should sign off on applicants requesting SEC approval, such as Fidelity, BlackRock’s iShares and Grayscale Investments, which shares CoinDesk’s parent company, Digital Currency Group.
“The SEC's current posture is untenable moving forward," said the letter from Reps. Mike Flood (R-Neb.), Tom Emmer (R-Minn.), Wiley Nickel (D-N.C.) and Ritchie Torres (D-N.Y.). "Following the Court of Appeals' decision, there is no reason to continue to deny such applications under inconsistent and discriminatory standards."
Last month, a judge in the D.C. Circuit Court of Appeals' instructed the SEC to rethink its view on these applications. Circuit Judge Neomi Rao wrote that the agency’s rejection in the Grayscale case had been "arbitrary and capricious."
The House lawmakers urged the SEC to approve the outstanding applications “immediately.” Gensler is set to appear in an SEC oversight hearing in that committee on Wednesday, so the members will have a chance to question him on the topic.
A bitcoin ETF could allow investors a much easier way to put money into the cryptocurrency market, because ETFs are designed to be simple to trade in and out of through brokerage accounts.
Emmer, who is a member of the House leadership as majority whip, Flood and Torres are members of the Congressional Blockchain Caucus in the House.
September 26, 2023, 05:04:49 PM
September 26, 2023, 04:10:35 PM
....
Dude, I'm gonna break my cardinal rule and bite and give you your much sought after attention.
With your shitty attitude towards this thread/topic, why are you even hanging out here, ffs?
And while your at it, it's a public forum, so at least check your punctuation/spacing/caps so you don't look like the idiot you are.
The question i repeatedly asked myself regarding our good ole RealRoach...
In every serious thread there's a serious troll, it seems.
[...]
R0ach was much better. He was entertaining at least, if you excluded all the Nazi shit.
Now we have a failed beggar nocoiner basement-living incel who found god...
I don't mind. My Ignore list is empty and always will be. WO is much better that way. Raw & uncensored. Just use a mouse with a good, heavy, free-rolling scroll wheel.
Yadi yada bla bla bla.
To you and others it may seemed like Begging sure but it was more of a crowdfunding step to a Master Plan you can not even comprehend the level and detail it would go into.. I am not surprised that you n others are so limited on perspectives.
I guess i owed ya the Explanation but nah no more you can judge on however you like and make up storys to fit your persona.
September 26, 2023, 04:03:25 PM
September 26, 2023, 03:59:39 PM
http://
what is he going to do with it, then? Only watching it grow and drink beer!
You sound really lost @Sophokles.Do you think he will be able to cash out that much in time?
Saylor isn't going to cash out the bitcoin. You and Laura Shin apparently don't understand: "It's going up forever".Do you really believe that if bitcoin were to go to $200k and Saylor's/MSTR's coins go up from just under $5 billion to nearly $32 billion, then he is going to need to sell in order to reap benefits from having such cornz?
Try MOAR harder. You can do better than that. Can't you?
I doubt that you were posting in a way that any of us (in these here parts) should be taking seriously.
September 26, 2023, 03:23:46 PM
....
Dude, I'm gonna break my cardinal rule and bite and give you your much sought after attention.
With your shitty attitude towards this thread/topic, why are you even hanging out here, ffs?
And while your at it, it's a public forum, so at least check your punctuation/spacing/caps so you don't look like the idiot you are.
The question i repeatedly asked myself regarding our good ole RealRoach...
In every serious thread there's a serious troll, it seems.
[...]
R0ach was much better. He was entertaining at least, if you excluded all the Nazi shit.
Now we have a failed beggar nocoiner basement-living incel who found god...
I don't mind. My Ignore list is empty and always will be. WO is much better that way. Raw & uncensored. Just use a mouse with a good, heavy, free-rolling scroll wheel.
September 26, 2023, 03:01:16 PM
September 26, 2023, 02:51:37 PM
September 26, 2023, 02:05:51 PM
With the threat of a mtgox massive sudden dump on the market seemingly not being an issue for another year, the current threat seems to be Binance failing as a result of reduced investment. This is likely caused by wider economic issues and historically high interest rates. I suspect these problems are short term and temporary, but may create a nice dip to buy in the coming weeks.
September 26, 2023, 02:04:50 PM
September 26, 2023, 01:19:53 PM
....
Dude, I'm gonna break my cardinal rule and bite and give you your much sought after attention.
With your shitty attitude towards this thread/topic, why are you even hanging out here, ffs?
And while your at it, it's a public forum, so at least check your punctuation/spacing/caps so you don't look like the idiot you are.
simply if you are not fluent in English, approach Grammarly.. It might fix it.Currently, my focus for goals is
1. work as well as possible so that my financial condition is guaranteed.
2. looking for someone with whom I can have a serious relationship.
3. DCA to smooth my intention to reach 1 bitcoin or more if I can.
1. work as well as possible so that my financial condition is guaranteed.
2. looking for someone with whom I can have a serious relationship.
3. DCA to smooth my intention to reach 1 bitcoin or more if I can.
Hmm, Best of Luck buddy for your Goals.. If you are really as dedicated as you are saying..
Accumulating Bitcoin with slow pace is better then no accumulation at all. There are ways to get Bitcoin like p2p trading in Binance but the issue is you need to perform KYC with Binance and that expose you. So its better not to get exposed by such platforms.
You are right that I must look to buy Bitcoins from members here but for that I need to figure out how to settle transaction.
You cant say when one will make it to 1 BTC, no one can predict future price of Bitcoin.
You are right that I must look to buy Bitcoins from members here but for that I need to figure out how to settle transaction.
You cant say when one will make it to 1 BTC, no one can predict future price of Bitcoin.
Better to look for it in the local section as it will be easier for you, the Seattle transection, and find out the most suitable person to deal with. For identity abuse, most people do not really care about it, as they might be unaware of the consequences, But it should be taken into count.
September 26, 2023, 01:16:00 PM
September 26, 2023, 01:13:12 PM
My primary source of bitcoin accumulation is through signature campaigns here. Can't use credit card to buy bitcoin.
You should never use a credit card to buy Bitcoin, only cash. Cash is anonymous.
_______
Edit: I just noticed that my activity and merit are finally at par. It's been a long way.
Use anonymous cash to buy Pseudonym Bitcoin
This is a great example (even though it is sad and a bit depressing, too).
Historically, I have tended to lecture forum members about any kind of overly dependence on merely earning bitcoin rather than buying bitcoin.. because sometimes there can be ways to earn money (including fiat) that is going to allow you to buy way more bitcoin than you are able to from earning, whether we are referring to a signature campaign or other ways that you might be able to get paid for providing goods, services and/or labor...
Historically, I have tended to lecture forum members about any kind of overly dependence on merely earning bitcoin rather than buying bitcoin.. because sometimes there can be ways to earn money (including fiat) that is going to allow you to buy way more bitcoin than you are able to from earning, whether we are referring to a signature campaign or other ways that you might be able to get paid for providing goods, services and/or labor...
Accumulating Bitcoin with slow pace is better then no accumulation at all. There are ways to get Bitcoin like p2p trading in Binance but the issue is you need to perform KYC with Binance and that expose you. So its better not to get exposed by such platforms.
You are right that I must look to buy Bitcoins from members here but for that I need to figure out how to settle transaction.
You cant say when one will make it to 1 BTC, no one can predict future price of Bitcoin.
September 26, 2023, 01:04:52 PM
September 26, 2023, 12:54:25 PM
....
Dude, I'm gonna break my cardinal rule and bite and give you your much sought after attention.
With your shitty attitude towards this thread/topic, why are you even hanging out here, ffs?
And while your at it, it's a public forum, so at least check your punctuation/spacing/caps so you don't look like the idiot you are.
You answered your own question.
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