Baron's Crypto Trading Journal

johnarb said:
I don't know the source, I clearly said it was anonymous on my first post to you, but anyway, I expected as much from you that you will never admit you're wrong on anything wrt Bitcoin

It will be a painful 2 years for you watching bitcoin price continue this insane upwards move

, I thought I'd enjoy gloating, but truth be told, it's kind of sad celebrating on ET since most are nocoiners even the non-haters
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reddit/linkedin/youtube are mostly pro bitcoin/crypto now.
 
Frederick Foresight said:
Bitcoin hit a record $68,999.99 in November 2021. Why wasn't he fired or forced to resign then, or given a warning or instruction to start playing with crypto?
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There were no ETFs at the time. All of this started on Jan 11 for the ETF market.

Frederick Foresight said:
As I noted earlier, crypto does not, or should not, fall in line with Vanguard's investment philosophy.
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And that's fine. Just like the Amish can continue to use their horses. Nobody is forcing them to use modern machinery.

Frederick Foresight said:
In any event, why would customers complain? They can choose whatever ETF suits them, if not one of Vanguard's then another's. It's not like they're locked into one company with their money.
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The issue isn't that they don't have an ETF, there are already 11 now I think. The issue is at their brokerage. They won't let customers buy them. Can you imagine having an account at IB or whatever, and finding out that they prevent you from buying certain stocks because they don't like them? Its one thing when a government says bitcoin is bad since the government hates the freedom bitcoin provides, but an investment company should only be concerned with making money for its customers. If they purposefully prevent you from buying one of the likely best performing assets of this decade, that is just dumb. Imagine you not being able to buy GOOG or Apple or MSFT 20 years ago!!!
 
In any event, why would customers complain?
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Of course they are right to complain!

-if not one of Vanguard's then another's.
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It seems you are not even a player on their platform, nor have you seen the drama, boycott, and dumpsterfire going on over there.

The CEO 'refused' to allow their own clients from using ETFs that would aid their COMPETITORS. So, NO spot ETFs what-so-ever. Now their customers got screwed every which way while missing out on the biggest ETF inflows in history (and so did the flag-ship Vanguard).

Do you understand now what happened?
 
The_Krakenite said:
Of course they are right to complain!



It seems you are not even a player on their platform, nor have you seen the drama, boycott, and dumpsterfire going on over there.

The CEO 'refused' to allow their own clients from using ETFs that would aid their COMPETITORS. So, NO spot ETFs what-so-ever. Now their customers got screwed every which way while missing out on the biggest ETF inflows in history (and so did the flag-ship Vanguard).

Do you understand now what happened?
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Link?
 
Baron said:
Your memory is incorrect, but you're getting old so an occasional memory slip is to be expected. :D
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It doesn't matter what I remember at this point, since BTC is back to near ATH. You's rich (again).

Fucking A!

( When you re-invite me onto your yacht, I'll take any, not just the one on the right. I cannot afford to be choosy at this stage. :) )
 
Baron said:
Your memory is incorrect, but you're getting old so an occasional memory slip is to be expected. :D
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BTC just went OVER ATH, so you are definitely in profit! AHAHHAHAH!

Rock n' roll has the heart of soul! Ahahahah!

 
Baron said:
Technically every person who has ever bought BTC and held onto it now has a profit, which is pretty amazing.
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Yes, which means I may analogize this. Hmm.

(It is fun picking on forum owners. Especially Baron. Wheee.)
 
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