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  1. johnarb

    The greedy family of deceased man David Kleiman sues for $64 billion Bitcoin

    Nope, I'm invested in bitcoin btc MM is marketed to gullible idiots and somehow you're aware of it but not the ones I mentioned in a previous post. Kinda says something about you? :D
  2. johnarb

    Crypto: Interesting numbers...

    There's already a bitcoin ETF in Canada and in Europe Bitcoin is regulated, otherwise, PayPal, Square, Robinhood, Visa, Mastercard, JP Morgan, Morgan Stanley, Goldman Sachs, CME, Bank of New York, Houston Pension fund, Fidelity, and on and on, cannot offer it to their clients or get involved in...
  3. johnarb

    Crypto: Interesting numbers...

    SEC has not approved a bitcoin spot etf, yet, but has approved the bitcoin futures etf recently. You don't think the SEC will approve a bitcoin spot etf? I think that will happen given some time Heck, the bitcoin futures etf bito when it came out less than a month ago had the best performance...
  4. johnarb

    El Salvador Plans $1B in Tokenized Bitcoin Bonds and Tax-Free ‘Bitcoin City’

    Like I said I'm no bond expert, but bond holders may get the 146% yield as part of a special dividend after 5 years, but not guaranteed It's probably a marketing ploy to show the safety of the bonds when holding $500M in bitcoins which have a CAGR of over 200% in the past 10 years Dotcom...
  5. johnarb

    Crypto: Interesting numbers...

    Now i don't know if you're being sarcastic or you're stuck in the year 2013 Bitcoin is a real asset class according to Morgan Stanley Infrastructure? Have you not seen all the infrastructure on bitcoin provided by Visa, MasterCard, PayPal, Square, Fidelity, Goldman Sachs, Morgan Stanley, JP...
  6. johnarb

    El Salvador Plans $1B in Tokenized Bitcoin Bonds and Tax-Free ‘Bitcoin City’

    I'm no bond expert, but I think this will be oversubscribed $500M will be used to buy bitcoins and locked up - if bitcoin doubles within the time period, the bonds have no risk of default? $500M will be used for infrastructure mining - they have free clean electricity from the volcano which...
  7. johnarb

    El Salvador Plans $1B in Tokenized Bitcoin Bonds and Tax-Free ‘Bitcoin City’

    prolly nothing... https://www.bloomberg.com/news/articles/2021-11-21/el-salvador-plans-1b-in-tokenized-bitcoin-bonds-bukele-says El Salvador Plans $1B in Tokenized Bitcoin Bonds and Tax-Free ‘Bitcoin City’ By Michael D McDonald November 20, 2021, 8:56 PM PST Updated on November 20, 2021...
  8. johnarb

    Crypto: Interesting numbers...

    Interesting bit on CZ There are a number of crypto billionaires, Sam Bankman-Friedman and of course the Winklevoss twins. There are others, but who knows what will happen if we get another bear market (crypto crash) of over 85% as in previous 2 cycles Looking forward to another bear market to...
  9. johnarb

    The greedy family of deceased man David Kleiman sues for $64 billion Bitcoin

    low priced assets? Have you seen the price of 1 bitcoin or 1 Ethereum? How about 1 SOL, 1 MKR, 1 BNB or 1 YFI? With volume I might add... It's not a cryptos craze, it's called adoption. We have ~250M crypto users worldwide and about 50M in the US. When we hit 1B crypto users in 2-5 years...
  10. johnarb

    Bitcoin and MSTR price correlation

    The "supply shock" theory worked for me a couple of times at $30K --> $50K and at $45K --> $60K Two questions now, 1. is the supply shock going to work again this time and 2. How high will btc go Maybe after options expiration tomorrow, we'll get a nice move up in btc
  11. johnarb

    Bitcoin and MSTR price correlation

    It's all good, it doesn't matter much anyway if btc goes above $80K or below $40K in a few weeks, I won't be selling I'll sell 1 btc at $250K or buy more btc's below $20K It's this pesky MSTR position that I have that is more pressing since they are January 2022 calls and has a time deadline
  12. johnarb

    Bitcoin and MSTR price correlation

    Ye' of little faith :D I'm already long 20 spot btc's. I bought some at $29K and bought more at $46K Btc will go to $80K+ in the next few weeks, imho, and you'll be thinking to yourself why you did not buy any
  13. johnarb

    Bitcoin and MSTR price correlation

    Everywhere!
  14. johnarb

    Bitcoin and MSTR price correlation

    BTC downtrend is still ongoing which is causing MSTR stock to go in the shitter My options are now under water m2m :banghead: $85 per option (cost-basis is ~$100) x5 I still think btc will go up by a lot soon™️ The supply of btc on the exchanges keep going down and is geared for a supply shock™️
  15. johnarb

    Will we ever find out who Satoshi Nakamoto is?

    My bet is on Nick Szabo as Satoshi Nakamoto In the bitcoin White Paper, Satoshi gave credits to everyone except Nick Szabo's work on Bit gold, hmmmnnnn By the way, the 1M Satoshi Nakamoto bitcoins are spread over many addresses and possibly many wallets (each one containing ~50 mined...
  16. johnarb

    Baron's Crypto Trading Journal

    "It's going up forever, with volatility..." "A strong asset is going to go up against a weak asset"
  17. johnarb

    Bitcoin Price Thread

    lol, it's all good. Bitcoin is a peer-to-peer, decentralized, distributed network So think of running Microsoft Word, but a network version p2p and decentralized So let's say MS Word v1.0 is very basic, can type letters and numbers, but no special characters or special formatting like bold...
  18. johnarb

    Bitcoin and MSTR price correlation

    Minor update. MSTR has been on a downtrend, lately, current price according to Robinhood for MSTR Jan 2022 750 call options are $130 for each option
  19. johnarb

    Bitcoin Price Thread

    It doesn't do anything to satoshis or existing bitcoins Bitcoin upgrades, like Taproot, Segwit and others, are improvements on the Bitcoin (big B) software and protocol
  20. johnarb

    Is BTC Reloading?

    I think of btc as a long term savings account. I did not always view it in that way as I was always thinking of fiat equivalency Once I switched my view, the only thing that matters is long term, say 5 years, 10 years or longer In this kind of view, imho, 1 btc will be priced $500K or higher...
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