Ive asked Fred for transparency before,with similar result. As soon as he says Microsoft we can all spend more of our time over at that thread and pile on.
Bitcoin story is finished. We are still at $55K which is AN AMAZING price to sell at. Sell now at $55K before it trades below $10K, which can happen rather quickly. German government has billions of Bitcoins and so does the US government, and there will be billions of repayments from the Mt. Gox scheme. This is a RACE FOR THE EXIT DOOR. Everyone will be selling and you will end up stuck in magical internet monies. There is only so much liquidity that can be extracted from this ponzi scam scheme before it collapses. Tether depegged 0.2% and Bitcoin had to dump 15% for them to restore the peg; they sold Bitcoin for USDC and USD and then propped up Tether. It took like a week for them to redeem the dollars. Tether doesn't have banking rails and the US government is closing in on them. Can it bounce? Sure can and mayb it does to 61K - 62K. But this is a dead cat going to zero. Bitcoin doesn't produce anything, it is literally a ponzi scheme. Ponzi schemes are very profitable for participants UNTIL they collapse and everyone loses their money.
German government: German Government (BKA) (arkhamintelligence.com) US government: U.S. Government (arkhamintelligence.com) Mt. Gox (only about $80M have been sent out so far): Mt. Gox (arkhamintelligence.com) Also the US marshals service has partnered with Coinbase, where they will take care of the "custody and trading"... When germany is sending tokens to bitstamp and coinbase, everyone knows. US is a bit sneakier and they will give coins into Coinbase's custody so they can sell without being noticed.
Aaaaaaahhhhhh don't say that, I'm gonna going broke. I'm holding on because I can't sell now, I'll lose too much. Help me set up a go fund me page please. Surely Buttcoin is going to the moon, everyone promised me that. Just be patient or is that be a patient, can't arrember. What I'll do is average down, that will fix it - will it? I looooove buttcoin, gonna hold on forever. Stop tryin tuh scare me out of my position will yuh!
1) BTCUSD trades every day so on Monday's it's gain is based on the delta from Sunday. For the ETFs the delta is from Friday. 2) BITX is a 2X BTC product. 3) BITO, HODL, BITB & IBIT are pretty close to the actual price +-1% or so. IBIT is the most liquid so it is likely the most accurate.