US SEC accepts six spot bitcoin ETF proposals for review

[NoahA]

I don't know why all you idiots are arguing with @johnarb . I argued with him as well a few years back when he was posting regular updates to the bitcoin price each time it went up another 1k. I didn't want to believe the hype because I was locked into the wrong viewpoint. In that time, he has made more money than I think all of you, and I'm guessing this is at least a few million. So this right here deserves some attention. Here at ET, who ever makes the most money is king in my books.

I'm happy to say I have seen how wrong I was, and although my timing was a bit off, I have learned lots of guys got into bitcoin or crypto either in 2013 during that dump, or 2018, which was another bear market. But in all cases, bitcoin continued to survive and not only dramatically increase in price but also in adoption. Bitcoin has finally won me over, and I feel like I'm late to the game. But since all you fuckers keep arguing with him, I see that maybe I'm not so late after all since all of you need to be won over as well.

Its honestly a gift to be able to buy bitcoin right now, over 50% off from ATH. But if you don't want to be humble and learn, that's fine, you can always get in later. I love the phrase "everyone gets the price they deserve".

And on that note... I have to go to my shit fiat job. Does John have to go? Fuck no.... he saw the light early! Which of you fuckers arguing with him can say this?

 

[M.W.]

Yes, multiple stocks are traded on multiple international exchanges, making them global assets. You wanna compare assets, then don't be a dickhead and apply filters that you just pulled out of your ass. As an asset class 2023 YTD crypto performance was anything but stellar either.

You a fucking liar now?

Are you claiming that AAPL is traded on every local markets of every country in the world and regular citizens can purchase every single US stock at El Salvador, Turkey, Lebanon, Argentina, Brazil, India???

Just like gold,, huh? or perhaps like bitcoin?

If you really believe that, why don't you contact GOLDMAN SACHS and tell them their report is wrong, you hot shit dumb fuck. Go ahead, and let us know how it works out

 

[M.W.]

That I need to disagree with. With currencies such revaluation occur in real time and can happen within an hour alone. What should he compared is volatility, a standardized measure of the variation of the return of an asset over a past window.

Again the point is being missed by the audience methinks. It's the SPEED at which the slippage can occur.

 

[M.W.]

Lol, are you able to EVER respond to someone else's point? That requires listening!!! @Overnight drew up a scenario and you make up your own story. A dialogue requires both parties to participate. You just talk to yourself the entire time...you can stop... You duped yourself into believing your crap a long time ago.

There's too many items in the mix, but let me see if I can separate the major ones

Let's go with TradingView, you purchase $200 annual subscription and Bitpay will give you an invoice in sats, let's say 200 sats, for easy math

After your bitcoin payment has settled, Bitpay will send $198 to TradingView 100 bp is their fee (vs traditional cc of about 200-300 bp)

If at some point, you want to cancel and get a partial refund, TradingView will send you $ in prorated amount

This is the same as NewEgg, that will give you refunds in $ on returned products purchased with bitcoin

TradingView and NewEgg do not receive and keep bitcoins so they have no price risk exposure

Bitpay and all other payment processors do take bitcoin price volatility risks and they seem to be very good at hedging in the 24/7 bitcoin markets. Strike (Jack Mallers) has mentioned this on a couple of interviews I've watched

On some occasion that a vendor does keep the bitcoins, then they will be subject to price volatility risk. Overstock comes to mind

 

[M.W.]

This guy never even made 10k in cryptos. Are you kidding us? He is as immature a snowflake of the social media generation as could possibly be.

I don't know why all you idiots are arguing with @johnarb . I argued with him as well a few years back when he was posting regular updates to the bitcoin price each time it went up another 1k. I didn't want to believe the hype because I was locked into the wrong viewpoint. In that time, he has made more money than I think all of you, and I'm guessing this is at least a few million. So this right here deserves some attention. Here at ET, who ever makes the most money is king in my books.

I'm happy to say I have seen how wrong I was, and although my timing was a bit off, I have learned lots of guys got into bitcoin or crypto either in 2013 during that dump, or 2018, which was another bear market. But in all cases, bitcoin continued to survive and not only dramatically increase in price but also in adoption. Bitcoin has finally won me over, and I feel like I'm late to the game. But since all you fuckers keep arguing with him, I see that maybe I'm not so late after all since all of you need to be won over as well.

Its honestly a gift to be able to buy bitcoin right now, over 50% off from ATH. But if you don't want to be humble and learn, that's fine, you can always get in later. I love the phrase "everyone gets the price they deserve".

And on that note... I have to go to my shit fiat job. Does John have to go? Fuck no.... he saw the light early! Which of you fuckers arguing with him can say this?

 

[NoahA]

This guy never even made 10k in cryptos. Are you kidding us? He is as immature a snowflake of the social media generation as could possibly be.

His account has been around since 2017. Even if you don't believe his countless posts, you don't think people who were in crypto since 2017 made a killing??

Jesus... You really need to evaluate your thought process for how you come to this conclusion.

 

[M.W.]

Most people made little to nothing. Many even lost, picking up small pieces early on, then loaded up at above 50k levels only to be currently deep in the red. You need to stop being so naive...johnarb has nothing to show for his big mouth, unless of course he is dodging taxes and a criminal and hence hides his exploits. But I doubt he has, narcissistic guys like him can't control themselves, they must show the world how great they are. Yet johnarb has nothing to show for. Just a big wide open mouth.

His account has been around since 2017. Even if you don't believe his countless posts, you don't think people who were in crypto since 2017 made a killing??

Jesus... You really need to evaluate your thought process for how you come to this conclusion.

 

[The_Krakenite]

Its honestly a gift to be able to buy bitcoin right now, over 50% off from ATH.

That may be true, however, it is the wrong kind of thinking. You go long into blue-chip cryptos because of the asymmetric nature, and where it is going. Not simply because something is on a discount from a previous high.

 

[johnarb]

Yes, multiple stocks are traded on multiple international exchanges, making them global assets. You wanna compare assets, then don't be a dickhead and apply filters that you just pulled out of your ass. As an asset class 2023 YTD crypto performance was anything but stellar either.

goldman sachs

 

[johnarb]

This guy never even made 10k in cryptos. Are you kidding us? He is as immature a snowflake of the social media generation as could possibly be.

BWAHAHAHAHAHAAHAHAH

dude, please

BWAHAHAHAHAHAHAHAHHAHAHAHHAHAHHAAAHHHAHAHHAHAH