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go on…

yes, exactly right. Kind of like when people say that some thing that has compounded triple digits for a decade is worthless. Kind of like that. Oh wait.

A couple things can be true here I also don’t think fiat currency is going anywhere anytime soon. I also think people that don’t invest in bitcoin, because they think fiat currency will exist, are missing out and asking the wrong questions. Maybe bitcoin can be some sort of a replacement in the...

so some MMT guy also doesn’t think bitcoin should be a national currency at this point is your life, just like I said? Cool

I am not saying it should be their national currency. In fact, I really don’t view bitcoin as much of a currency at all at this point maybe one day. I am saying it’s at least an option for them to opt out when they have no other option otherwise. Do you deny this?

Tons wrong here, but let’s just start with the premise that everyone is served well by their fiat currency. This is objectively not true at all. In fact, it’s the opposite. Sure people in the US and the UK and to a lesser extent Europe and Japan are probably perfectly fine with their fiat...

Id think bitcoin at a 600BB market cap is borderline too big for these games.

Godspeed, you will need it

No, you are mistaken, brother. The Canadian stock market is owned by US investors through US based ETFs primarily. The bitcoin ETFs are obviously Canadian-based, and there are huge headaches for an American investor to buy a foreign ETF for tax reasons. Trust me, I looked into this. The...

As many have pointed out, this is a pretty dumb debate, but I will bite. We are all arguing over definitions. It’s pretty stupid. Here is how I delineate investing. If you use market derived data, meaning price or a derivative of price, such as a technical indicator or correlations, or...

The math for that Canada comment though doesn’t even make sense. Currently there are about 2.4 billion in the Canadian Spot bitcoin ETF’s. The US ETF market is 33 times bigger so that would equal demand of 76 billion for the US versions that seems like a lot to me lol.

Alternative interpretation: the existence of altcoins, almost none of which have gained users/ adoption outside of the handful, proves the immense value of the existing network affects for BItcoin and Ethereum to a lesser extent. this is why bitcoin is worth so much more even if other cryptos...

very well said. I will just add that… Certainly there are institutional investors that think bitcoin is stupid. But a lot of his institutional investors want some exposure to this thing how could they not? I know this because I talk to them every day. It’s been objectively the best performing...

If I had to model if somebody liked bitcoin, the number one thing to use would be simply age. It is very hard for older people to wrap their head around this not because they’re dumb or anything. Obviously they’re probably smarter and obviously have more experience. it’s just that it’s so...

What is your explanation for 1.5BB being in BITO then? (which is obviously an inferior product) Why has fidelity been Bitcoin champions for a decade? Why has CME future volume just surpassed Binance future volume? (that is all institutions) Your bias is stopping you from seeing what is right...

Matter of when it comes not if. Everyday that passes it looks more like this will happen in Q1 2024, id be shocked if it takes much longer than that. The trading crowd (aka us) might not get why this is a big deal because as @R1234 rightly said, BITO is totally fine product for trading...

Define "intraday data". If you need like tick data maybe you are limited but try to have a slightly lower frequency (5min, etc) to get more data

Is this Alex Jones’ burner account??

What? FTX was a huge fraud and cost retail billions so the government can secretly "steal" FTX? Im not following

Seriously tho… why? it must be something. The article said they had 70(!) bids! Obviously it’s not their now horrid reputation some possibilities the tech at the exchange is that good They had customers contacts They still have all licenses and stuff that’s all I got. I’m confused. If...