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Buy below 5
Crypto kraken. They honestly have no idea what is coming.
Even though this is not direct crypto, it is the epitome of market insanity occurring today. The everything bubble will pop, the worst hit will be crypto and tech, the least will be residential housing. 50 year low rates leading up to Biden regime will keep people in homes. More recent not so much
https://www.zerohedge.com/markets/nvda-adds-record-250bn-market-cap-overnight-two-goldman-sachs-or-whole-netflix
U boys getting ready with BITI, daily swap for hedging ups and down, which are gonna accelerate in coming months. Just like last cycle for Bitcoin. Follow the futures contracts trail, go out months, they always tell the truth.
Use ur 30 years of knowledge, u can do it, start with any commodity, work back to ETFs, IBIT is the same. If u can’t figure it out, that’s ok, u will see it sooner or later.
U done stalking me u clown? Guess not.
IBIT or other, U better do some homework on futures.
It’s a fact BO was taking it for Obamacare, we do not know what else it was used for. It’s the reason for executive privilege in keeping them classified. Just another word for ripping off GSEs, shareholders, and tax payers. Markets have never been stabilized until retained earnings courtesy of 5th circuit scare.
Thing of beauty
Contango is decay, management fee is management fee. I’ve known this for decades. Both are part of any ETF that based on futures. I’ll keep it simple in case some decides to take something I said out of context. Direct Correlation simple explanation, IBIT and BTC go up and down the exact same percent, and they do not move exactly the same, not direct correlation of price. Understand it anyway u want. Good luck. I posted several days worth of pricing, if u want u can go find exact price of each and calculate percent move. I’ve done my homework already.
Ibit, BTC, they are trades, else your investment can and will disintegrate or decay, over time, depending on direction of device it’s based on, no matter what an investment clown advisor may tell u, or try to tell me. If BTC goes only up, u will not notice anything other than gains in IBIT, so it’s definitely market price dependent more than anything else. ETF managers know this.
Accept your understanding of contango is flawed, it has to do with futures, since IBIT is based on BTC, and BTC is a futures commodity on CME, there is no direct correlation of price movement between BTC and IBIT because of that unknown in futures markets, its complicated, not simple, too many shares, not enough shares, not enough buys too many buys. its an ETF, simply put, a indirect investment device. actually any source other than crypto news or ETF tracker is the best way to understand them. i love this one, cause to does include the hype involved, cause people dont really understand them.
https://markets.businessinsider.com/news/currencies/ether-bitcoin-price-return-comparison-cryptocurrency-market-etf-hype-investors-2024-2
can you tell me about Halberd financials. minus any white paper, which is research by someone, not financial reporting.
but the logic is completely wrong about IBIT, sorry, its a fact, facts and logic are rarely the same anymore in crypto world.
Ill address this directly instead of just letting false information continue. No, contango has to do with futures, any kind, especially the kind CME has on their exchange. and it absolutely involves BTC, which is on CME and many other places, which will directly impact any ETF that plays on those futures. so people can take their 30 years experience and go curve ball any of the millions of ignorant that are in crypto. i will refute every false info anyone tries to put here or anywhere crypto pyramid schemes thrive.
having said that, i love this ETF, it may make me lots of money.
no worries, ive been getting those kind of basic questions for about that long too, and then someone dey advanced level of thinking.
again, good luck and lets hope u dont get stuck in the wrong crypto for a good part of the next 30.
i should have listened to the pros, before during and after the first couple market dumps starting in 1987, I would be retired like them and never needed to ask anything of markets again. dey all gone
So roughly BTC performance minus management fee, correct?
oh boy, its gone down since your call to dollar, and u didnt answer my question. in the mean time, it follows BTC, and nothing but that is happening, and there are no secret millionaire things happening with Lumens nor BTC.
I don’t own any board. And 99% of the crypto lemmings are clueless to markets and finance, as well as what etf’s do. Somehow they think crypto is like nothing that existed before, and in some ways it’s true, but mostly in all bad aspects. It’s a learning curve that the latest generation will come to understand, I would say by 2026. They will all see everything differently, and not for any of the reasons they think. Be careful and diligent is the best thing I can say.
Good luck with that.
R u looking for logic or fantasy?
How long to validate, and then get builders on mainnet?
All this of course only matters after it beaks free of BTC movement.
It will go vertical when it’s ready with no news other than what is to date. It should have never come down from 4.
lemmings used to say 52,400, of course before it really broke free of that they are saying higher, cart before da horse. the old switcharoo of the couple numbers is the game. gonna need a lot of emoji for dat one 🚀🚀🚀🚀🚀🚀🚀🚀64,200🎯🎯🎯🎯🎯 🎯
29.4 so far today, BTC 51.6k
minus management fee
🫷🏻🤟🏻🤜🤛🏻👌🏻👈🙏👀🔐🔐🔐❌⭕️❌⭕️ ….its working.
Great mystery of investing exposed. How did we all go decades without this knowledge. Maybe there has never been a more ignorant and clueless generation of investors, nah they scientifically proved it. Without graph, data plots, nor sigma nor formulas, no analysis, just price changes. Who knew. ✊🏼🫷🏻🤟🏻🤜🤛🏻🙀😽👌🏻👈🙏👀👀👀👀👀🔐🔐🔐❌⭕️❌⭕️
https://cointelegraph.com/news/emojis-predict-better-crypto-trading-outcomes-according-scientists
I’ve never read one single productive or informative thing out of u!!!!
Ur clueless, go back to Italy and continue ur fantasies. Leave BTC to the pros.
Indeed some should be at Behavioral Health Hospitals….how do I know, I used to be a Director at one. I know the signs, behaviors, Delusions, confusions that come within that world. It’s all over the world within crypto, and other social networks, where clowns are just another way of camouflage or cover.
again, did you pass that one by the BTC Lemming committee?
Mr Cross, the entertainment has not even begun, i am absolutely unequivocally sure of that. then i will sing where are the clowns, dont bother they are here......🤡
so u seen his list? were they left on the table in Capital where gender benders get away with making movies for Stevie Wonder Mnuchin? did you see it first hand?
did u run that by skycap dog, i hear he gets tips from EU?
Angry little puke trying to justify his words with travel and words. u know nothing and it shows, ur just lucky, why dont you stay over there dum dum
BTC up today. Which is why this and others are. Any real news will happen during the week. Most important date this week is the 21st.
I could live with that, but I won’t hold my breath.
Good luck with ur cluelessness on me and crypto.
long term, commercials are ALWAYS right, why, cause they have done the rigging through Sovern's and Central Banks when needed.
i never said anything should be pegged to gold. and of course scalability is just another word for printing more. what i believe, and have heard, the only currencies that will have any leverage in the near future will be tied to gold, not pegged to it. almost every crypto lover since its inception tries to make BTC or their coins look like gold but always steer away from saying the words. its actually humorous, but in fact gold and silver is the only real money the world has ever had. ill call the flock of believers in crypto Lemmings, cause they just go with it and have absolutely no understanding of the world of finance other than as a way for transactions occur. even talking world bank without IMF is just 101 level stuff. im not talking pegged or backed, im talking tied to real money to make it legitimate form of anything. the next system has to be based on trust and intrinsic value, only gold can do that, the rest is just marketing and opinion.
people went with the inferior DOS system or even Apple back in the day, they either wanted to play with it or didnt want to do anything which was DOS and Apple, in actuality IBM OS and Office suite, or Lotus, was far superior in everyway. that cant happen in finance, it will be based on satisfying how world finance currently works with Trust at its core. BRICS is going to do it as long as US doesnt destroy all those Nations with war and threats, or Fed coin will deliver when its ready.
there are 7 billion ag/oz in the world, its no different then the limited scalability of BTC or other block chains, there will be more found or created to its capacity, but the value of each unit will change. when someone says gold is not scalable then i see bias, or greed. money managers make their money off of loose fiscal policy, gold standard is no more because of that reality. The ultimate crypto solution will have gold tied to it, and the one who can find a way for transaction of physical gold on demand will be accepted by every country. IMO
PS i thought it was Oracle and IBM...
I just had a thought, every person bord could be allotted an oz of gold, Novel thinking to put all on equal leverage from birth, the rest can be mined for those who want more to keep or sell.
most lemmings are heavy duty failures, in everything, they should go home, turn off PC, stop staring at BTC 24/7, and completely reassess their life. there is always hope for anyone, its a personal choice that most will never get over, and regret for all eternity.