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  1. johnarb

    Is the crypto winter over?

    I saw something about a CUSIP yesterday, but don't know much about it went over my head Tbh, I'm not following the bitcoin spot etf as much as I should, I only see the twitter posts on my feed from the people I follow on CT I plan to sit on my "trading" positions through the *ber months which...
  2. johnarb

    Is the crypto winter over?

    No news, actually had a bad news yesterday it could have been ugly, the Blackrock DTCC ticker was gone It came back an hour or so ago on the DTCC website
  3. johnarb

    Crypto Macro Trends for 2022

    Update on the MSTR calls position expiration 1/19/2024 about 3 months to expiration The position was worth $3k a couple of weeks ago, but things are better today, position went up over 100% lol, MSTR up 50 points rn, something something bitcoin price going up, prolly nothing... Another 100%...
  4. johnarb

    Bitcoin ETF?

    Bitcoin is Magic Internet Money, do you not believe in Magic??? Zero is a good measurement Everything is going to Zero when priced in bitcoin You do not believe me? Take a look for yourself https://www.pricedinbitcoin21.com/landing
  5. johnarb

    Is the crypto winter over?

    Agree with you if no news of etf tomorrow, could trade below $32k but doubt it will go below $30k Too much excitement without official etf news and the longer no announcement the lower bitcoin trends down with good support at $30k But if spot etf news comes out tomorrow.... :D
  6. johnarb

    Is the crypto winter over?

    There's always time to get back on the btc train, and it trades 24/7. My amateur chart says $34.05 is a good level to go long Buy the rumor, buy the news on the bitcoin etf. We shall see if this is correct (real not derivatives) bitcoin market is not like TradFi markets and this is because...
  7. johnarb

    Is the crypto winter over?

    Bitcoin price movement currently [sound on] ------
  8. johnarb

    Bitcoin ETF?

    Crypto bros, remember... We will not sell our bitcoins to Blackrock
  9. johnarb

    Is the crypto winter over?

    That pullback is costing me over over $5k in potential profits, and I've been awake for less than an hour, haven't brushed my teeth, yet, lol j/k no plans to close my position so no paper profits lost :D brb, gonna take a shower and brush teeth
  10. johnarb

    Is the crypto winter over?

    These CT guys are always bullish (like me, lol) so can't post all their "speculation analyses", this thread would turn into a permabull posts-fest :banghead:
  11. johnarb

    Bitcoin ETF?

    With any rule, it's not about catching you, it's about the punishment if they catch you If they say it's illegal and you still do it, then you know you're gonna be in trouble if they catch you even if they are not actively working on catching you
  12. johnarb

    Is the crypto winter over?

    There has been a big bidder scooping bitcoins on those pullbacks for a week now, could be Blackrock seeding their bitcoin etf, sounds indecent (lol)
  13. johnarb

    Is the crypto winter over?

    There's a pullback of $1500 from $34.7k to $33.2k ------------------- Is that iBtc or Lbtc? I can't tell, but if it's the former, Apple ain't gonna be happy
  14. johnarb

    Bitcoin ETF?

    Opendime may be illegal for use in the US in the future....
  15. johnarb

    Bitcoin ETF?

    Yes, but US banks are not allowed to hold bitcoin as an asset in their treasury. In Europe, it's approved up to 5% It may happen in the US, Blackrock would be able to convince of any rule-change, look at the recent change in the FASB rules for corporations holding bitcoin in their treasury...
  16. johnarb

    Bitcoin ETF?

    Buy the rumor sell the news has not materialized much in bitcoin, usually it's buy the rumor and buy the news With stocks, people with insider info buy the stock and load up on options and dump as the news is released With bitcoin, 99% of the nocoiners hate bitcoin and wouldn't buy it even...
  17. johnarb

    Bitcoin ETF?

    Not quite with that much leverage, more like equities type of leverage, margin, same as other etf's, If Blackrock owns 1M bitcoins and price per btc has gone up to $1M/btc, at 50% ltv, $500B of new money (liquidity creation), if my math is not off, not a math-wiz The real magic is when those...
  18. johnarb

    Bitcoin ETF?

    Not medium of exchange, collateral asset, like a global reserve asset to replace sovereign debt that are crashing Blackrock, Fidelity, et al, will store all the bitcoins in cold wallets with their custodial partner Coinbase and create loans against them, being the foundation of creating...
  19. johnarb

    Bitcoin ETF?

    Gold futures is a bad analogy. There is very little demand for physical gold compared to its supplies. There's supposedly billions of tons sitting at bank vaults fort knox and home safes, but so fucking what, they are gathering dust, useless rocks There's actual demand for "physical" bitcoins...
  20. johnarb

    Bitcoin ETF?

    In the US, there are only bitcoin futures etf's, based on CME futures cash-settled No demand for "physical" bitcoins from bitcoin futures etf's These Blackrock, Fidelity et al bitcoin spot etf applications once approved will buy "physical" bitcoins, the estimate is about $200B of new money...
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