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Well I guess John Corzine his “better” Then SBF in the sense that he didn’t commit blatant fraud, It’s still crazy to me the absolutely retarded bet he took which brought down MF global. You are going to bet your entire firm on European sovereign debt repo? Pathetic. I would love to see him in...

maybe it’ll be correlated maybe not you certainly don’t know that for sure. I will point out that on a trailing 12 week basis the correlation between bitcoin and the S&P 500 right now is zero. That is down from .8 in mid 2022. If you take the average of rolling 12 week correlations back to...

Of course the fees are going to be high Fidelity is the first, or one of the first, traditional finance places to offer this so of course they’re going to charge a fee while they can. It will come down. It’s important to note however that this is a fee that Fidelity is imposing this is not a...

All I know is this guy/girl/group has to be dead right? Very small chance they lost the private keys but I don't think that is likely at all. What seems impossible is this person/group is alive, has the keys, and hasn't sold any bitcoin at all, even though they were (and likely will be again)...

I don’t understand what this article has to do with bitcoin?

This industry is so hard to get your head around bc 90%+ is prob vaporware with no real use case (and hence no real future), but the other 10% can change the world. We really need to normalize bitcoin vs crypto. Totally different things IMO. It's really not dissimilar to the Internet in the...

fair points the one big difference though that you may be missing is that when a regular commodity goes up in price you are incentivized to mine or produce more of it to sell at said higher price. Bitcoin is different in the sense that you only get a certain number of bitcoin per block for the...

Breaking: criminals still exist.

I personally think we are way more than five years away from this being a usable currency my view is it needs to be a way higher market cap first and hence the volatility needs to stay. Serious question you say “without producing cash there is no upward drift” but empirically Bitcoin has had...

I would love to hear some of my fellow elite traders thoughts on the current bitcoin market. Bitcoin lovers and bitcoin haters are both welcome to let their opinions known, some simple questions: 1. What will be the low of the current bitcoin bear market? A) 15-20k (so we likely have seen the...

**another big drop **

You nailed this bear market I’ll give ya that. I’d honestly like your opinion- what do you think about the price of bitcoin going forward now that we went from 70–>20? specifically: do you think above big drop in this bear market (say to under 10) is likely? do you think bitcoin ever makes a...

no right about everything sir, weren’t you bearish on bitcoin at $30?

wow pekelo you are sounding like a proper bitcoin maxi now :)

Id guess fidelity custodies the bitcoin. I think most people should be fine and even happy with that tho. Its what we already do when we hold stocks/bonds/etc at the broker/financial institution right? I still think most people have no interest in keeping their own private keys as that can be...

Yea fees here are still too high ... but its ultimately a race to 0, just going to take time. I think the much bigger deal is that "regular" brokerages (IB and now Fidelity) are letting you buy real-deal crypto. Just makes it one less hurdle for people, they don't need a new account and they...

Price (and by extension market cap) certainly matters tho. Especially for a crypto that is trying to be money (aka bitcoin, btc sv, btc cash, litecoin). Its an obvious marker of adoption. Nobody cares about the other bitcoin forks is what I am trying to relay to ya, and that is crystal clear by...

Litecoin vs bitcoin is similarly terrible If these are better, why arent they getting any traction?

bitcoin SV vs bitcoin is even worse

Here is the "better" version of bitcoin, BCH vs BTC