sure they think (and also have their own financial incentive) that the upside is greater than the downside to have the smallest allocation possible. not exactly a ringing endorsement. i'm not there yet
I’m not trying to oversell this, but the blackrock talking points to their high net worth clients recently have been much more in line with a ringing endorsement than a “meh it might go up so grab the bare minimum.”
we've been over this before but the btc thesis about banking and global finance being rotten while also pointing to the biggest players in the world as an appeal to authority is befuddling
Huh? I’m telling you that the 1-3% comment you pushed back on is much more in line with a ringing endorsement from those 2 firms based on the meetings and materials they’ve been putting out than the alternative. It’s not an appeal to authority or trying to touch on the other issues you raise above, which I doing think are contradictory to “blackrock and fidelity are giving this much more than a meh sales pitch.”
I know nothing about any of this but it would be irresponsible at this point to ignore so I have opened a position in IBIT. Greetings
He said it got back to even last night, he didn't sell, then it dropped down a good bit, now he's back to $15k. He's not selling.
Sorry he's back at 13, not 15. He said it got to 15.9 last night which was just shy of even but he wanted even so he's sticking to it.
NFT’s have been going buck wild on Bitcoin L2’s for the last 3-4 months. Like absolutely insane action. Ethereum NFT’s dead thus far
Not sure about Top Shot. Probably not until true mania returns. This is one of the hot ones on BTC. The future of France, Bitcoin puppets On sale for 55k USD, wondering if Penguin The Duck owns one
Holy shit at some of the ordinals I had forgotten I minted. I'm checking Bitcoin babbies right now. I minted 200 of them paying just gas on ETH. Had one stuck listed for .01 BTC and just realized it has sold. WTH.
I'd love to know the story behind this. Am I reading it right that it it's 1000 btc? Did they know all along they had it and now decided to sell? Or did they recently find an old cpu with it on it? Nice cashout either way.
would be sweet if they did bc I’m still holding onto a few. Dinos and racing chicken teams actually still working on shit and did release games I never took out big dollars but I withdrew over $1000 multiple times without any issues
I never had/heard of any problems with people getting funds out. I did have a problem with them over inflating the market with drops everyday.
If you’ve actually used any of the layer ones then you’ll likely understand why Sol and Sol Alts are the play this cycle. I made 2 transactions on ETH the other day and it cost me nearly $200.
Eth will still go up a bunch because of the ETF speculation but I refuse to pay the gas to play Alts there anymore.
Conversely it cost me like 3 cents to sell some wif today. I wonder where the masses will go with their $500
On August 11, 2020, the MSTR stock price was trading at $123. That's the first date they bought $250m of btc. Today, the stock trades above $1,600--a roughly 13x. The core business has largely stayed the same. All they've done is manage the treasury. The playbook is simple and the benefits are obvious. Kind of doubt they're the only public company that ends up adopting the strategy.
I bought 13million pepe (rich) on coinbase wallet in June 2023. Didn't send enough eth then to sell now and sending more eth to that wallet to sell costs more than the pepe is worth. doodoo network
I have a wallet of nfts that in total probably aren’t worth 1 gas fee on eth. All I did last cycle was play eth Alts on chain or used CEX’s. Don’t even want to know how much eth I wasted in gas. Like I said earlier eth is going up but idk who’s really doing on chain stuff when there are so many cheaper options.
my mentor always says it is best to not have any emotional or ideological investments in your investments.