Nostr Web Client

They all would have held tho! lol

El Zeta 1y ago

5% crash 😱

bitcarnicoin 1y ago

My oldest friend

Thursday 5∞ 1y ago

How would a 40% drop register as: dip or crash?

A crash. Keep dreaming tho

Thursday 5∞ 1y ago

Just to be clear, I'm talking about a 40% drawback from this cycle ath, until next halving.

Keep praying for a crash I don’t care

Thursday 5∞ 1y ago

I'm offering even odds for said proposition within this cycle.

The Bitcoin Chef 1y ago

I have done one full bear market but I started from the bottom so I didn’t really have anything whilst it was down. I’m not sure how an 18month bear would be. I guess hodl is really tested second time round 🫡

Great timing 👍

The Bitcoin Chef 1y ago

My first buy was at the very top of 21. Rode it all the way down. I liked the long bear as I could stack more whilst cheap but second time round might be less fun. 🤪

Bitty is growing up

There is a constant bid going. The floor is strong. This is new, this wasn’t here before 2024. The etf buyers are different than the ops

2Pac 1y ago

2026 will be the real test to this hypothesis. They can also short it.

They are welcome to. Nation states will be recking them lol

2Pac 1y ago

Will be interesting to see how it plays out either way. But 80% crashes are likely thing of the past 40-60% I could see in a bear market. Time will tell.

It’s too big now and obvious .

Saylor is hitting the ATM I’m sure

Yeah he’s just flexing in the open this whole time 😂 so great

This year is gonna be one for the history books

SBR is the last shoe to drop.

And by far the biggest one. Unlimited brrrr lol

Yup

Printer will be working overtime to pay for Greenland and Canada 😂

“On the Bid”

There’s always someone on the bid. “Flash crashes” are still going to happen - 20/30% but turnaround will be in weeks not years. IMHO.

There will always be lettuce hands. Always. And sellers at certain prices.

Yeah bitty has already recovered from dips much faster than pre ETFs. The ops thought the etf buyers would have paper hands, but they bought the dips. Very little outflows. The ops are just projecting

Do the ETF’s allow for redeemable BTC at some point?

I wonder how that changes things.

Without a doubt they will. They want to integrate bitty into the existing system

It will flow both ways. Deposit bitty into an etf, take a loan against the etf for a cheap rate.

Interesting for sure. Not the loan shit but the withdrawal as real BTC instead of Fiat. I wonder how that would work & I guarantee there will be minimums like “accredited investors only” etc. GBTC tried this for a while as well. Brought in Cathie Wood at scale.

I think being able to deposit Bitcoin directly is more of a game changer. I bet there are more people with Bitcoin that would like to borrow against IBIT without having to undergo a taxable event than there are IBIT holders that now want to self-custody.

All a plus in the end. Ops won’t be able to fud about paper bitcoin

Maybe. We will see.

So is this the idea: buy IBIT with dirty fiat. Withdraw as BTC from IBIT (now clean). Deposit BTC back into IBIT to chase yield on your own new BTC?