Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

Quote from: JayJuanGee on March 08, 2021, 03:50:50 AM

Quote from: cryptoboss2020 on March 07, 2021, 06:22:41 PM

Quote from: fillippone on March 03, 2021, 09:27:39 AM

Quote from: thecodebear on March 03, 2021, 08:18:49 AM

Are we finally seeing the beginning of the end for Grayscale's dominance of the way institutional buyers get exposure to Bitcoin??

Good point.
As you know, if you read this thread, I am not a big fan of Grayscale.
But they actually cleared the way for the new vehicle, showing that the market wanted a lean, effective, safe and tax-efficient way of storing bitcoins.
Of course, as more and more competitor start flowing to this new honeypot, Grayscale is going to lose market share, but I think the market will eventually get bigger and bigger, so they will be able to manage their competitive advantage.
Think about Tesla, the carmaker, not the bitcoin investor. Every time a new competitor in the industry is launching a new model the press calls that a "Tesla killer" when in reality is an "ICE Killer". Tesla could lose market share in the electric industry but can thrive if the industry gets bigger and bigger.

Same things for Grayscale: for sure more competitors can join the market, but the real losers will be those standing out of the market, not Grayscale.

Are You part of grayscale? Why Else You promote grayscale Here then?

What the fuck you talking about, cryptoboss2020? Do you know any lil thing? Have you read various posts from fillippone? He does not appear to be promoting anything except providing information that you can take or leave, and apparently you, diptwat cryptoboss2020, want to sling a bit of mud about nonsense that you seem to not know shit about....

so anyhow, you seem to be starting off with a faulty premise (and seems to be almost purposeful that you want to read bias into a situation that is no where close to bias in its presentation of information.

Quote from: cryptoboss2020 on March 07, 2021, 06:22:41 PM

And Why we should be grateful the Bitcoin is low Not even 100k 200k Price range.

Bitcoin's price is whereever it happens to be, and you can be grateful if you like or you can complain about it.. that's up to you, and I suppose if you are anxious about the whole matter and you wish the prices were higher than you might not be very grateful, but you are just coming off as a greedy and lame ass fuck, because bitcoin has had plenty price appreciation in the past 5 months, and whether it continues to go up or not, there seems to be a quite a bit of gratefulness that could be appreciated - especially 5x returns in 5 months...

And, even if the BTC price models are far from guaranteed, there could well be another 5x from here or even more in the coming several months or it could even take up to 18 months or so to play out in terms of reaching the top of this particular cycle.. that is if price cycles continue in the coming months and years in similar ways as to which the models suggest and also bitcoin's price history seem to lend decent probabilities to price cycles continuing to play out in the coming years.

Quote from: cryptoboss2020 on March 07, 2021, 06:22:41 PM

If the Wall street are in at least they should send the Bitcoin Price Up Why else we need them in Bitcoin?

Maybe you are correct about the point that bitcoin does not need wallstreet, but you frame the whole matter in a real cunty, greedy and entitled kind of way. None of us are entitled to shit in bitcoin, but surely each of us are going to be better off is we prepare ourselves for BTC price movements that could go in either direction, even if the BTC price prediction models lend pretty damned decent probabilities that bitcoin continues to be in an UPpity price cycle.. but even decent probabilities do not mean shit if the BTC price ends up moving contrary to the probabilities, perhaps to teach some presumptuous twats like you that nothing is guaranteed, especially for presumptuous fucktwats like you, in bitcoinlandia.

Quote from: cryptoboss2020 on March 07, 2021, 06:22:41 PM

Let the grayscale do Something useful for us

You think that you deserve something? Roll Eyes

And who is the "us" you speak about? Do you have a rock in your pocket?

Let's be honest Here those fat cats got wealth by just inheritance...

You're being too non-specific and vague about who you are describing as fat cats.. grayscale folks or wallstreet folks? and why does it matter? Each of us needs to figure out ways in which we can attempt to do best for our lil selfies rather than getting worried about how much wealth someone else might have started with in order to get himself ahead, if that is what you are suggesting or even learning skills to manage other people's money including having or developing connections.

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

Or Went in private schools on their young age just coz they from nobility and up class family...

Not even worth engaging you on this nonsense. Maybe you are suggesting that fillipone is one of these guys too... because according to you, he posted biased information in favor of grayscale and they are all undeserving.... hahahahaha

Whatever. You gotta come up with at least a little bit better arguments in terms of attempting to understand what grayscale might be doing, where it fits in the picture rather than getting too caught up in the personalities of people that work there are have controlling positions there, to the extent that even really matters once you get passed some more important aspects of where grayscale fits in the scheme of things and are they playing any kind of distinguishing role in finances as such role relates to bitcoin (even if it might be currently diminishing, perhaps?)

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

What make them so Special or smarter? Non!

I doubt that they are really special or smarter, except compared with you they are likely maybe more able to focus on their specifics skills rather than getting caught up on irrelevant discussions of personalities.

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

Its just they play together against others.

Well there are freemarket incentives built into bitcoin, but still there are wider structural systems that might incentivize insider collaborations, but still you are being way the fuck too vague and seemingly butt hurt about shit you cannot even prove when there are likely way more important things going on in terms of just figuring out how to manage your own situation rather than getting caught up in vague and conspiracy driven preoccupations about others... or maybe you are too worried about yourself as a victim when in fact there are ways that you can still profit in bitcoin even if a variety of financializations are happening and some people are involved in financializations such as grayscale - and figuring out ways to use it or to personally profit from it (of course some lose money too, if they play it badly).

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

And Bitcoin belong to them

You believe that since grayscale manages more than 600k bitcoins that they have some kind of control over bitcoin.. oh gawd.. you sound like you don't really understand how a fiduciary might have obligations...so you have hardly said one smart thing, yet.

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

so no point about crypto anymore

I personally don't give any shits about anything but bitcoin, but sure I understand that grayscale dabbles in a few shitcoins, too... but in the end, you seem to be muddling the concept of bitcoin and crypto, so I wonder if you even recognize any difference or you just have muddled thinking about all topics?

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

If I invest in btc im depend on those wealthy fat rich guys who never worked in their lifes and never need to proof themselfes coz they all ready from higher class.

Nothing wrong with either attempting to be ahead of the game or to consider that you may well be participating in one of the greatest transfers of wealth in history -upon the receiving side - but still I don't see any reason to overly generalized or to be bitter about the whole process because if you have some or decent allocations in bitcoin then you are likely already winning, so why give any fucks about complicated matters of the status quo rich who may or may not be able to get off the sinking ship before it's too late?

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

Yes the life is easy and wealthy for them but their personal development is zero.

Probably a lot more variation than that.. and some of them are getting into bitcoin, some have already gotten into bitcoin , and some will be joining us a wee bit later after the anvil falls on their heads. In other words, there is quite a bit of variation, even if you feel you cannot relate to anyone in certain kinds of categories that you put them in.

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

They Can stay Only Behind their private vip schools diplomas but are they really better?

some of them are likely better.

Some may well be worse..

There might be some serial killers in there, too... so that would be bad, obviously.

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

I doubt that they not even smarter.

Like I attempted to suggest earlier, it is likely a vast majority are probably way the fuck smarter than you, because you sound bitter and even unable to relate to other people.. many people have way better social skills than you are demonstrating, which surely is a kind of smarts that you do not appear to have.

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

Now they own Bitcoin so we might just admit Right to way we are slaves of them with no options at all

You can admit it, if you like.

I am not going to admit such a thing.

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

What we Can do?

There is psychology and finances.. so good to attempt to be sound in both, in my humble bumble opinion.

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

Nothing even You try to do Something the the tax and government Will stop You down.

I would not advise.

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

So What's the point to continue to play game named as success If the game is rigged and scam anyways?

Sure, you could just give up if you believe that you have no options, and life is not worth living...

I don't see it that way, but it is not like anyone on the interwebs is going to want to spend time trying to help a seemingly bitter disgruntled and glass half full kind of guy.. but sure, there might be someone willing to help you if there is any way that you can be helped.. or figure out ways that you can help yourself to fix your psychology.. and maybe your finances too, the way that you are talking, currently.

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

If we all Know that someone got just More privileges then we should stop being critical about Our lifes even we try 10000000 times hard we end up just fully exhausted and empty of energy.

Nothing wrong with being critical, but I don't see any reason to let these kinds of matters draw you down, there are a variety of ways to figure out areas of freedom for yourself, whether you are poor or not.

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

Its better to give up in life and stop trying so hard to be financially Independent and Succesful.

Does not seem to be easy to find these kinds of answers on the interwebs because there are a lot of different reasons that people figure out ways to have hope in life and they can also develop strategies to live within their means in order to be or become financially independent and successful... but success might not necessarily be financial independence for all people..

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

The game is not fair so its Impossible for Acerage person to reach anywhere in life.

I think that average people can get ahead, but might not be easy, and surely bitcoin could well be part of such formula.. but they may have to make sure that they get their shit together before investing in bitcoin.. so figure out their cashflow, their other investments, their view about bitcoin compared with other investments, their timeline, their risk tolerance and their time, skills and abilities to research, plan, strategies and tweak their plans along the way which may include reallocating and trading.. perhaps?

Quote from: cryptoboss2020 on March 08, 2021, 11:18:13 AM

I give up no point!

You sure wrote a lot in order to arrive at that conclusion.. Did I just waste 30 minutes of my time responding to you? Well I suppose this is a public thread, so maybe someone else might profit from this exchange of ideas? Perhaps?