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  1. johnarb

    Bitcoin is a "ponzi by proxy"

    Blackrock & JP Morgan team vs Fidelity vs Ark, along with the 10's of thousands of the smartest people in Wall Street at their disposal are fighting to sell a spot ETF for a Ponzi, Tulip, bubble, scam, worthless digital asset They need to come to ET and learn from the experts on here
  2. johnarb

    Bitcoin as a unit of account

    I don't want to be the fudder, lol, but since Craig never proved ownership of any of the Satoshi coins by signing with the private key or moving any of the coins, it can be easily argued that the DOJ can proceed with the investigation, plus no US courts established Craig as Satoshi With FISA...
  3. johnarb

    Bitcoin as a unit of account

    This is dangerous, one of the replies on the thread mentioned it could give the DOJ reason (felony for failure to report) to go after Satoshi with the full force of the courts, subpoenas to isp's, fbi investigation This will definitely crash the price of bitcoin if Satoshi is revealed or...
  4. johnarb

    Bitcoin as a unit of account

    New law for US people
  5. johnarb

    Bitcoin as a unit of account

    Gold had many disadvantages that made it difficult to be adopted widely, difficult to verify, difficult to transport, not very divisible These are the areas that bitcoin excels in Current estimate of 150M worldwide that own bitcoin and still has a lot of room for adoption
  6. johnarb

    Bitcoin as a unit of account

    If you're waiting for an official announcement from some governing body for bitcoin to be certified as unit of account, it may never happen It's a state of mind. You just flip the switch and you see the whole world much differently, for example, price inflation loses significance I did not...
  7. johnarb

    Bitcoin as a unit of account

    Some confusion on the replies Bitcoin as a unit of account does not have to be mandated by any government For example, the median house price 10 years ago was 1,000 bitcoins, today it is 10 bitcoins If you watch the video, a hnw individual may have a net worth of 1,000 bitcoins today, but in...
  8. johnarb

    Bitcoin as a unit of account

    Bitcoin is not priced in USD where I'm located You need to get out more Sorry
  9. johnarb

    Bitcoin as a unit of account

    Money is 1. medium of exchange, 2. store of value and 3. unit of account For the longest time, gold was the unit of account. The gold standard Today, USD is the unit of account. International markets are priced in USD, the global reserve currency There is however an emerging unit of account...
  10. johnarb

    Crypto Macro Trends for 2022

    The number is 15 btc, posted on this thread when I finally accepted it was a bear market sometime after April 2022 10 btc is the number that will never be sold, bull market, bear market, rain or shine, unless some kind of emergency That leaves 5 btc as risk capital for speculative short term...
  11. johnarb

    Is the crypto winter over?

    The first time Gemini (Winklevoss twins) applied for the bitcoin etf was over 10 years ago! But no one can say no to the Blackrock bosses and even JP Morgan is involved as the Authorized Participant of Blackrock It can only be delayed but not rejected
  12. johnarb

    Is the crypto winter over?

    The etf deadline is January 10, if delayed again, new deadline will be in March Are you short, yet? You're gonna miss out on all the fun :D
  13. johnarb

    Bitcoin is a "ponzi by proxy"

    It is only scary for people who do not understand the value of Bitcoin Most of my family's life savings and net worth are stored in Bitcoin and we sleep well at night Anyone can understand the value of Bitcoin if they put the time and effort to understand money (and do not just think of the...
  14. johnarb

    Crypto Macro Trends for 2022

    Update on the MSTR calls position expiration 1/19/2024 Fun is over, there was no spot etf announcement today Friday, most likely next week Opening a new calls position a few months out, capture the post halving move, although in previous cycles the big move happens 9 months later, but those...
  15. johnarb

    Bitcoin is a "ponzi by proxy"

    "When you buy this etf, you're not buying bitcoin..."
  16. johnarb

    Bitcoin is a "ponzi by proxy"

    credit to @nono2357 Twitter handle The most difficult picture to understand for people who hate bitcoin
  17. johnarb

    Bitcoin is a "ponzi by proxy"

    Fuck, I hope you do not stay long! You are the worst trader I know of, in the whole ET Bitcoin went up over 160% and you managed to lose every single time you went long, at least 4 times!!! You are the biggest loser, deaddog, no offense, the sooner you're out of btc, the better for all of us...
  18. johnarb

    Crypto Macro Trends for 2022

    It could be, lots of media saying the same thing, though. CNBC fast traders were unanimous during half time yesterday that it will be a sell the news event Also see a snippet that SEC may not be ready by the deadline and may again push to delay Things are a little bit calm now, good, lol
  19. johnarb

    Crypto Macro Trends for 2022

    Maybe not closing today, bitcoin just dumped 5k, somewhat recovering, I'm still looking for news Wednesday government scheduled fud? perhaps
  20. johnarb

    Crypto Macro Trends for 2022

    Update on the MSTR calls position expiration 1/19/2024 *** There is no financial advice here, only for entertainment purposes *** The call options position hit over 6-figures ($105k) in the early session last night (Asia time), but stock market was weak and MSTR did not close at the high...
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