This is exactly what I think about ETFs. Anyone can get that after settling with the regulatory authorities. The effect on the long run will be a shift from decentralisation to centralisation. 

Fine, the ETF will increase the penetration of Bitcoin and bring institutional investment which is good for Bitcoin. But control might creep in and that will defeat the very essence of this amazing technology.

This math is easy. Currently, 100 BTC is worth $2.9 Million.

I will take $10 Million and buy 300 BTC with $9.7 Million.

 

BRK/A is completely fkn SUS at this point.

One has to wonder, in a world with massive ongoing inflation, bank and corporate bankruptcies, cratering corporate revenues, and massive layoffs, how a company like BRK/A can literally DOUBLE their stock price since the pandemic started.

And up 5X in just a decade.

I smell shite.

Only in a world that is accelerating into a lowkey kind of hyperinflation could they do that.

I mean...just look at that ridiculous hockey stick chart.

More than 50% of their stock portfolio is AAPL, so it is now more or less a proxy of AAPL plus some insurance companies and BAC.
Long term BRK-A is exponential too, so nothing new there.
You are right about hyper, though, as all large tech stocks are on this trajectory since 2011-2012.

This is nothing new, everyone knows it



Not only you more people was mistakenly share personal data and later everyone realizes their own mistake. If you are talking about Bitcoin only then I would say Bitcoin can be used without any information. On the contrary, if you want to trade or do something else, the personal information is private.

Keep Continue with bitcoin....



No, i believe in bitcoin.
Shitcoiner is not gainer.


Edit.

It does seem like the market is getting a little exhausted. I think the folks who got in at the bottom have likely all sold now. I’m not sure where the increased selling is coming from that’s holding the price down still. I’m not sure how much longer this will continue, but I definitely don’t expect it to remain a trend after April of next year due to the halving.

The ETF owners might think that they are smarter than they are able to be in regards to their thinking that they might be able to control aspects of BTC, which might end up being a BIG lesson for them - but in the meantime, there could end up being a lot of confusion in terms of people who put their money with the various ETFs and come to the false conclusions that they own the bitcoin, when the ETF owner actually owns the bitcoin, so there may well be some folks (including governments, institutions and rich people) who become educated in regards to the benefits of figuring out ways to get exposure to BTC prices through holding their own BTC rather than giving money to other entities who may or may not be ready, willing and/or able to act in their interest...

...and perhaps some of the rules of custody could end up getting changed because of the various contractual relations that ETFs enter with their clients/and governments, and I would imagine that rich people, institutions and governments do not appreciate when the end up getting rug pulled... just like individual normies do not appreciate getting rug pulled.. but bitcoin gives them a vehicle to hold their own keys. .and perhaps they are in charge of their own rug pulls of themselves rather than trusting third parties that might not be as trustworthy as they appear to be on the surface.


Oh gawd....  

do you even know how to read?

Look at the hypothetical.

If you choose dollars, then you cannot buy bitcoin again..

so don't be trying to weasel out of the hypothetical...or the spirit of the hypothetical.. 

..which is that you have to choose one of them and you have to live with the consequences... yeah, I can see some circumstances in which you might end up choosing dollars rather than bitcoin and that is if you are going to die in 3-5 years, then maybe the choice is easy.. take the $10 million and spend it or whatever..

...but the whatever is not so broad that you can buy something that relates to bitcoin in order that you can get bitcoin exposure.. you are stuck with fiat related products.... spend it to consume or perhaps spend it on some fiat related products.. maybe property that is not bitcoin related.

Try again.

That would be a long time to stay in the "don't wake me up" zone of perhaps $25k to $35k.... which more specifically would be an additional 8 months... and we have already been here nearly 5 months,. .. I am not buying it.  13 months?  Not buying it.  Not buying it.

In udder wurdz, the odds don't seem to be very strong for such a scenario of continuing to stay in this "don't wake me up" zone for a total of 13-ish months... what are we going to say?  less than 15% odds for such a scenario to play out? 

in udder wurdz, why give such a minority scenario so much attention?


Maybe I got those odds wrong?  Perhaps?  Almost anything is possible.

These cheap corns can't last, page parity soon. This close to the halving buying dollars is picking up pennies in front of a steam roller, why would this time be any different? Guess each cycle people have to learn the hard way.