Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
[edited out]
GBTC has been trading at a discount since Feb '21 (that's almost 6% in fees from the top) and was -40% just in June '23. It wasn't the inflow from tax accounts that closed that gap down to -1.9% day before approval, but a bet for an ETF. Now those that bought at the discount shall rip the benefit, fillippone had a whole thread on GBTC somewhereIn regards to fillippone's thread, you are talking about this one?
some proposals for a new poll:
[1] Which BTC price will be reached first, 50k or 40k?
[2] What is the Bitcoin price at halving date?
[3] What is the highest Bitcoin price until halving date?
[4] Will we have new ATH before halving?
[1] Which BTC price will be reached first, 50k or 40k?
[2] What is the Bitcoin price at halving date?
[3] What is the highest Bitcoin price until halving date?
[4] Will we have new ATH before halving?
1) both of those prices are within the don't wake me up zone.
2) $45k-ish, give our take $10k. I know that is boring, so my next answer would be $87.5k - give or take $7.5k, which would then surely require my answer to number 4 to be in the affirmative.
3) $87.5k give our take $7.5k
4) based on my answers to 1, 2 and 3, it is almost compelled that I answer yes to this one, but if my first answer is not correct, then my back up answer would be no.
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).
Nice numbers, but where is the sauce to consider them facts? 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).
Regarding their original statement:
There are also customers and "customers".
I was thinking that the number one shareholder in Microstrtategies would be Michael Saylor... so is there even 15% available after that?
I see that BitcoinBunny provided the source in his subsequent post.. and surely those articles seem to answer a lot of questions.