Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 639.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: Chibit01 on March 13, 2024, 12:25:51 PM

Quote from: MERlT on March 13, 2024, 12:13:49 PM

Quote from: Chibit01 on March 13, 2024, 12:10:25 PM

Jamie Dimon, the CEO of JPMorgan Chase and a known Bitcoin skeptic, remains unconvinced of the asset’s merits.

Speaking at the Australian Financial Review business summit in Sydney via video link, Dimon expressed his reservations about the asset amidst broader discussions on topics ranging from upcoming elections to federal economic policies.

During the call, Dimon criticized Bitcoin, particularly focusing on its volatility and the potential for its use in illegal activities, including money laundering and fraud.

He suggested that the rapid increase in Bitcoin's value might indicate a speculative bubble, cautioning investors about the risks involved.

Despite his criticisms, Dimon stated that he would defend the right of individuals to purchase Bitcoin, likening it to personal choices such as smoking cigarettes.

"I defend your right to smoke a cigarette, [and] I’ll defend your right to buy a Bitcoin." Said by Dimon......

~You see no matter how they want to criticise bitcoin thesame mouth will still defend I will only say that Dimon is totally confused right here ~

Bitcoin still remains the king and aways become the kings of all coins

https://www.btctimes.com/news/jpmorgan-chase-ceo-says-he-will-defend-peoples-right-to-buy-bitcoin

Jamie Diamond is the FED, don't you know that yet?

Really thanks for the information comarade.. now I see the reason why he is dancing that tune been a wholesomely confused....🤣🤣🤣🤣🤣

Ah this is good enough to get a merit

Chibit01

jr. member

Activity: 98

Merit: 6

Quote from: MERlT on March 13, 2024, 12:13:49 PM

Quote from: Chibit01 on March 13, 2024, 12:10:25 PM

Jamie Dimon, the CEO of JPMorgan Chase and a known Bitcoin skeptic, remains unconvinced of the asset’s merits.

Speaking at the Australian Financial Review business summit in Sydney via video link, Dimon expressed his reservations about the asset amidst broader discussions on topics ranging from upcoming elections to federal economic policies.

During the call, Dimon criticized Bitcoin, particularly focusing on its volatility and the potential for its use in illegal activities, including money laundering and fraud.

He suggested that the rapid increase in Bitcoin's value might indicate a speculative bubble, cautioning investors about the risks involved.

Despite his criticisms, Dimon stated that he would defend the right of individuals to purchase Bitcoin, likening it to personal choices such as smoking cigarettes.

"I defend your right to smoke a cigarette, [and] I’ll defend your right to buy a Bitcoin." Said by Dimon......

~You see no matter how they want to criticise bitcoin thesame mouth will still defend I will only say that Dimon is totally confused right here ~

Bitcoin still remains the king and aways become the kings of all coins

https://www.btctimes.com/news/jpmorgan-chase-ceo-says-he-will-defend-peoples-right-to-buy-bitcoin

Jamie Diamond is the FED, don't you know that yet?

Really thanks for the information comarade.. now I see the reason why he is dancing that tune been a wholesomely confused....🤣🤣🤣🤣🤣

MERlT

member

Activity: 162

Merit: 32

Quote from: Chibit01 on March 13, 2024, 12:10:25 PM

Jamie Dimon, the CEO of JPMorgan Chase and a known Bitcoin skeptic, remains unconvinced of the asset’s merits.

Speaking at the Australian Financial Review business summit in Sydney via video link, Dimon expressed his reservations about the asset amidst broader discussions on topics ranging from upcoming elections to federal economic policies.

During the call, Dimon criticized Bitcoin, particularly focusing on its volatility and the potential for its use in illegal activities, including money laundering and fraud.

He suggested that the rapid increase in Bitcoin's value might indicate a speculative bubble, cautioning investors about the risks involved.

Despite his criticisms, Dimon stated that he would defend the right of individuals to purchase Bitcoin, likening it to personal choices such as smoking cigarettes.

"I defend your right to smoke a cigarette, [and] I’ll defend your right to buy a Bitcoin." Said by Dimon......

~You see no matter how they want to criticise bitcoin thesame mouth will still defend I will only say that Dimon is totally confused right here ~

Bitcoin still remains the king and aways become the kings of all coins

https://www.btctimes.com/news/jpmorgan-chase-ceo-says-he-will-defend-peoples-right-to-buy-bitcoin

Jamie Diamond is the FED, don't you know that yet?

Chibit01

jr. member

Activity: 98

Merit: 6

Jamie Dimon, the CEO of JPMorgan Chase and a known Bitcoin skeptic, remains unconvinced of the asset’s merits.

Speaking at the Australian Financial Review business summit in Sydney via video link, Dimon expressed his reservations about the asset amidst broader discussions on topics ranging from upcoming elections to federal economic policies.

During the call, Dimon criticized Bitcoin, particularly focusing on its volatility and the potential for its use in illegal activities, including money laundering and fraud.

He suggested that the rapid increase in Bitcoin's value might indicate a speculative bubble, cautioning investors about the risks involved.

Despite his criticisms, Dimon stated that he would defend the right of individuals to purchase Bitcoin, likening it to personal choices such as smoking cigarettes.

"I defend your right to smoke a cigarette, [and] I’ll defend your right to buy a Bitcoin." Said by Dimon......

~You see no matter how they want to criticise bitcoin thesame mouth will still defend I will only say that Dimon is totally confused right here ~

Bitcoin still remains the king and aways become the kings of all coins

https://www.btctimes.com/news/jpmorgan-chase-ceo-says-he-will-defend-peoples-right-to-buy-bitcoin

ChartBuddy

legendary

Activity: 2268

Merit: 1782

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

JimboToronto

legendary

Activity: 4116

Merit: 4738

You're never too old to think young.

Good morning Bitcoinland.

Another day another ATH.

Let's get back up over $73k and then over $74k.

We need a new chopper.

Toxic2040

legendary

Activity: 1792

Merit: 4141

https://twitter.com/DylanLeClair_/status/1767892483470406034
'ACCELERATE'

+1 WOsMerit

-------

gm

increasing trade volume continued through the night with bitcoin posting another ATH @ $73,679
closing arguments continue in the COPA vs. faketoshi trial today....be nice to start closure on that fraud

steady on

dyor

4h

D

stronghands

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: ivomm on March 13, 2024, 11:26:39 AM

Quote from: OutOfMemory on March 13, 2024, 11:14:43 AM

Quote from: El duderino_ on March 13, 2024, 09:13:40 AM

Btw these rallies are they more exciting for last cycle newcomers
Or for the more OG multiple cycle hodlers?

For example I see some cheering from people buying 20-30-40-50k coins but the feeling for true OG’s is little more life changing somehow?
Also been through some aweful bears, still being here, believing, knowing what we have in hand and ultimately being strongly rewarded etc

Success just needs stamina.

Quote from: BitcoinBunny on March 13, 2024, 10:47:56 AM

GrayScale selling hopefully slowing down.
Only 560 BTC transferred today.

About -$40m.
Yesterday: -$80m
Monday: -$494m

Only in the first two days of sport ETF trading Grayscale had less than three digit $m outflow (-$44m and -$22m, respectively).

EDIT: source https://farside.co.uk/?p=997

May be it is related to this news:

It’s happening! @Grayscale just filed to launch the “Grayscale Bitcoin Mini Trust” expecting this to have a competitive fee. It will trade under the ticker $BTC and will come from a spinoff from $GBTC. This means $GBTC holders will get some % of holdings spun off into $BTC. https://twitter.com/JSeyff/status/1767531434258964630

Here’s the language around the spinoff. There is no fee disclosed yet orrr what % of $GBTC will spin off but pretty sure this will be a non-taxable event for a chunk of those shares to get into a cheaper and cost competitive product. https://twitter.com/JSeyff/status/1767531941060804830

It mostly matters for taxable accounts.
As I said before, GBTC was able to maintain a peg and was even at a slight premium on Mon, so I used that and divested 66% of GBTC in IRAs (into IBIT/FBTC 50:50), but kept a third in GBTC just in case if premium would rise. Feels good after at some point in 2022 being at a 49% discount.

bitcoinPsycho

legendary

Activity: 2618

Merit: 2369

$120000 in 2024 Confirmed

73K in one hour confirmed Kiss

ivomm

legendary

Activity: 1881

Merit: 3057

All good things to those who wait

Quote from: OutOfMemory on March 13, 2024, 11:14:43 AM

Quote from: El duderino_ on March 13, 2024, 09:13:40 AM

Btw these rallies are they more exciting for last cycle newcomers
Or for the more OG multiple cycle hodlers?

For example I see some cheering from people buying 20-30-40-50k coins but the feeling for true OG’s is little more life changing somehow?
Also been through some aweful bears, still being here, believing, knowing what we have in hand and ultimately being strongly rewarded etc

Success just needs stamina.

Quote from: BitcoinBunny on March 13, 2024, 10:47:56 AM

GrayScale selling hopefully slowing down.
Only 560 BTC transferred today.

About -$40m.
Yesterday: -$80m
Monday: -$494m

Only in the first two days of sport ETF trading Grayscale had less than three digit $m outflow (-$44m and -$22m, respectively).

EDIT: source https://farside.co.uk/?p=997

May be it is related to this news:

It’s happening! @Grayscale just filed to launch the “Grayscale Bitcoin Mini Trust” expecting this to have a competitive fee. It will trade under the ticker $BTC and will come from a spinoff from $GBTC. This means $GBTC holders will get some % of holdings spun off into $BTC. https://twitter.com/JSeyff/status/1767531434258964630

Here’s the language around the spinoff. There is no fee disclosed yet orrr what % of $GBTC will spin off but pretty sure this will be a non-taxable event for a chunk of those shares to get into a cheaper and cost competitive product. https://twitter.com/JSeyff/status/1767531941060804830

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: LFC_Bitcoin on March 13, 2024, 11:24:14 AM

Quote from: BitcoinBunny on March 13, 2024, 10:47:56 AM

GrayScale selling hopefully slowing down.
Only 560 BTC transferred today.

The sooner they run out of Bitcoin, the better. What an awful business model, surely they drastically lower their fee soon or within a couple of months they have no Bitcoin and no business.

Just over a month until the halving now.

New Poll?

What will the price be at the time of the halving?

88888.88

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Quote from: BitcoinBunny on March 13, 2024, 10:47:56 AM

GrayScale selling hopefully slowing down.
Only 560 BTC transferred today.

The sooner they run out of Bitcoin, the better. What an awful business model, surely they drastically lower their fee soon or within a couple of months they have no Bitcoin and no business.

Just over a month until the halving now.

New Poll?

What will the price be at the time of the halving?

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: El duderino_ on March 13, 2024, 09:13:40 AM

Btw these rallies are they more exciting for last cycle newcomers
Or for the more OG multiple cycle hodlers?

For example I see some cheering from people buying 20-30-40-50k coins but the feeling for true OG’s is little more life changing somehow?
Also been through some aweful bears, still being here, believing, knowing what we have in hand and ultimately being strongly rewarded etc

Look for any og that holds serious coin this is huge.

A 2012 guy can easily have 100 coins

SO

2021 6.90 million

2022 1.59 million at this point in time many people would struggle about the decision to have held

2024 7.30 million at this point those that have held may shave off some of the 100 coins they held just in case we crash and burn. But maybe 5%

those are serious swings and I am pretty sure more than one person here on the wo has coin like that.

Myself due to a lack of belief from 2012 to 2017 I do not have coin like that.

This is nice uptick for me. It is not life changing.

OutOfMemory

legendary

Activity: 1512

Merit: 2963

Man who stares at charts (and stars, too...)

Quote from: El duderino_ on March 13, 2024, 09:13:40 AM

Btw these rallies are they more exciting for last cycle newcomers
Or for the more OG multiple cycle hodlers?

For example I see some cheering from people buying 20-30-40-50k coins but the feeling for true OG’s is little more life changing somehow?
Also been through some aweful bears, still being here, believing, knowing what we have in hand and ultimately being strongly rewarded etc

Success just needs stamina.

Quote from: BitcoinBunny on March 13, 2024, 10:47:56 AM

GrayScale selling hopefully slowing down.
Only 560 BTC transferred today.

About -$40m.
Yesterday: -$80m
Monday: -$494m

Only in the first two days of sport ETF trading Grayscale had less than three digit $m outflow (-$44m and -$22m, respectively).

EDIT: source https://farside.co.uk/?p=997

BitcoinBunny

legendary

Activity: 1526

Merit: 2617

Quote from: xzy887 on March 13, 2024, 11:04:08 AM

Bitcoin ETFs are 58% of the way to flipping Gold ETFs for total assets.

$58.7b for $BTC
$98b for Gold

That's just after just 8 weeks...

At this rate, Bitcoin will flip Gold ETFs in a few month! Shocked

Literally no one cares about gold anymore except Schiff and a bunch of other boomers I'm guessing.

And Schiff is the biggest hypocrite of them all as he keeps saying he doesn't invest in gold directly, but in companies that mine and store it.

So he doesn't even believe in gold itself either anymore.

BTC Gold ETF flippening will definitely happen soon and people will not even think about it anymore in a few years.

xzy887

member

Activity: 307

Merit: 42

Bitcoin ETFs are 58% of the way to flipping Gold ETFs for total assets.

$58.7b for $BTC
$98b for Gold

That's just after just 8 weeks...

At this rate, Bitcoin will flip Gold ETFs in a few month! Shocked

ChartBuddy

legendary

Activity: 2268

Merit: 1782

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

BitcoinBunny

legendary

Activity: 1526

Merit: 2617

GrayScale selling hopefully slowing down.
Only 560 BTC transferred today.

criptoevangelista

sr. member

Activity: 364

Merit: 629

In ₿ we trust

Quote from: El duderino_ on March 13, 2024, 09:13:40 AM

Btw these rallies are they more exciting for last cycle newcomers
Or for the more OG multiple cycle hodlers?

For example I see some cheering from people buying 20-30-40-50k coins but the feeling for true OG’s is little more life changing somehow?
Also been through some aweful bears, still being here, believing, knowing what we have in hand and ultimately being strongly rewarded etc

As exciting as the rally is, the biggest profit of all is the knowledge and experience that BTC can offer you, it's a REAL life-changing chance for people, a change of mindset... Purchasing power is just consequence

That's what I imagine, if I'm right, I don't know.

ChartBuddy

legendary

Activity: 2268

Merit: 1782

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 639. (Read 26468451 times)