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  1. johnarb

    IT'S OFFICIAL : The SEC has approve the first ever Bitcoin ETF!

    Logged on to E-Trade and I can see $Hodl and $Arkb Approval announcement will most likely be after market close and (hopefully) trading starts tomorrow
  2. johnarb

    IT'S OFFICIAL : The SEC has approve the first ever Bitcoin ETF!

    I meant Cybercrime on previous post.. Saw the Epps story on cnbc, yesterday, def a govt asset
  3. johnarb

    IT'S OFFICIAL : The SEC has approve the first ever Bitcoin ETF!

    no 2fa, lol Saw that a few hours ago, which means that dude or team will go to jail for a long time given the extent of losses (over $1B). Cybersecurity is a serious crime And if this person in that much trouble, he will squeal if this was all part of a staged plan, either way, someone will...
  4. johnarb

    Bitcoin is a "ponzi by proxy"

    Seriously? That's your response? legal fees in the event of a government legal fight.... 10's of millions of $ of legal costs for setup of the ETF's, plus all the employee training, research and other human resources, plus who knows about infrastructure, logistics, office setups, travel...
  5. johnarb

    IT'S OFFICIAL : The SEC has approve the first ever Bitcoin ETF!

    If it's really a hack, someone will have to go to jail
  6. johnarb

    Bitcoin is a "ponzi by proxy"

    The signal is flashing bright These institutions are TAKING RISKS on bitcoin, they have already spent a lot of money and resources and time
  7. johnarb

    IT'S OFFICIAL : The SEC has approve the first ever Bitcoin ETF!

    SEC needs to explain how they were hacked and regained control very quickly. It sounds more like it was not a hack but a fuck-up of the announcement (too soon)
  8. johnarb

    IT'S OFFICIAL : The SEC has approve the first ever Bitcoin ETF!

    Within 24 hours we will know if approved or not. Most likely approved per the betting markets credit to @therationalroot Twitter
  9. johnarb

    Bitcoin is a "ponzi by proxy"

    Did you read the other posts re: 0 fees for 6 months and the fees below costs (going to take losses, instead of profits)? These companies are taking directional price risks that bitcoin price will be going up a lot and many of these ETF's will not survive There's still a 20% chance it gets...
  10. johnarb

    Bitcoin as a unit of account

    A sample of unit of account using bitcoin Canada is even better at debasing their fiat currency
  11. johnarb

    BlackRock's Revamped Spot Bitcoin ETF Model

    The SEC is scheduled to approve all the ETF's tomorrow (sorry Asia time here, lol) And the chairman of the SEC is so scared of people fomoing in This is going to be so fucking lit. I can't see how the circuit breakers won't get activated on Thursday (US time) when they are scheduled to start...
  12. johnarb

    Shocking Reversal: Cramer Now Loves Bitcoin

    Inverse Cramer is the best
  13. johnarb

    Bitcoin is a "ponzi by proxy"

    Did they sell the shovels for free as long as they are returned within 6 months? Asking for a friend because I was not born yet Because Blackrock and a other ones are waving the fee for the first 6 months... the time when their costs are at the highest level Literal hunger games playing out...
  14. johnarb

    Bitcoin is a "ponzi by proxy"

    Fidelity is also doing their own self-custody If there is another GFC, it will be worse and 6102 or bail-in for these bitcoins will be easy Btc spot etf is a shitty replacement for the real bitcoin controlled by private keys but it's better than nothing The truth is the average retail...
  15. johnarb

    Is the crypto winter over?

    The rumor is at least 8 months old when Blackrock applied for the ETF :D Are you buying the rumor, selling the news? I bought the rumor and will keep holding even after the news unless I get liquidated :banghead:
  16. johnarb

    Bitcoin as a unit of account

    Most bitcoiners, including me, use bitcoin as 2. Store of Value and 3. Unit of Account (the title of the thread), for 1. Medium of exchange, we use fiat currencies. I do not use the USD as I am not in the US Did you miss this important picture I included on my previous post?
  17. johnarb

    Bitcoin is a "ponzi by proxy"

    So the sellers of shovels during the gold rush in San Francisco were fighting to sell at a loss? As a bitcoiner, I find it fascinating the tables are turned, the fools are all in a rush wanting to become the preferred seller of pick and shovels Cognitive dissonance is a bitch, ain't it?
  18. johnarb

    Bitcoin as a unit of account

    :D
  19. johnarb

    Bitcoin is a "ponzi by proxy"

    Bitcoin is gold and not Tulip????
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