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re: Official CryptoTalk Thread

Posted on 11/30/23 at 8:03 pm to
Posted by 21JumpStreet
Member since Jul 2012
14774 posts
Posted on 11/30/23 at 8:03 pm to
You need hardware to mine bitcoin to receive rewards
Posted by BottomlandBrew
Member since Aug 2010
28444 posts
Posted on 11/30/23 at 9:50 pm to
quote:

produce marketable data and pay you in their crypto tokens in exchange for doing so?


Don't quote me on this, but I think Jasmy wants to do this. They have a laptop in production for this. Again, don't quote me. I'm a bag holder from way back and haven't kept up much with it.

Sol has their phone, but it's nothing special.
Posted by I Love Bama
Alabama
Member since Nov 2007
38310 posts
Posted on 12/1/23 at 2:13 pm to
Lot of Bitcoin "news" today.

Greyscale had their second in person meeting with the SEC as they prepare for the ETF transition.

CEO says "We've had a 10 year dress rehearsal. It's finally time for the main event"

The marketing blitz by all the major tradfi companies after this is going to be insane.

Hope you boys packed your bags for this moon ride.

Posted by CE Tiger
Metairie
Member since Jan 2008
41786 posts
Posted on 12/1/23 at 2:47 pm to
Chainlink got an ETF in Switzerland today

quote:

VIRTUNE CRYPTO TOP10 INDEX SEK Update: Virtune AB (Publ) is launching Virtune Chainlink ETP on Nasdaq Stockholm (GlobeNewswire) 2023-11-30 13:35 Stockholm, November 30th, 2023 - Virtune, a Swedish regulated digital asset manager in Sweden is launching a new innovative crypto ETP on Nasdaq Stockholm, the largest stock exchange in the Nordic region. Today, Virtune is announcing the introduction of Virtune Chainlink ETP, providing exposure to Chainlink through a proven and well established financial instrument with a 100% physically backed structure. The ETP which is 100% physically backed and fully collateralized is denominated in SEK for the Swedish audience and is available on Avanza and Nordnet. Chainlink is currently among the top 15 largest cryptocurrencies with a market capitalization of about USD 8,2 billion and has experienced a 165% growth during 2023 year to date. Chainlink acts like a bridge for smart contracts on different blockchains, making them all work together. It does this using a decentralized oracle network, which helps blockchains talk to external things like data feeds, events, and payment methods in a secure way. This gives complex smart contracts the necessary information from the outside world, making them the main way people agree on things in the digital space. This ETP caters to institutional investors as well as retail investors, serving the growing demand from investors in the Nordics that have been waiting for a seamless way to gain exposure to Chainlink. Key Information about the ETP: 1:1 exposure to Chainlink 100% physically backed 1.49% annual management fee Virtune Chainlink ETP Full name: Virtune Chainlink ETP Short name: Virtune Chainlink Trading currency: SEK First day of trading: Thursday 30th of November Ticker: VIRLINK ISIN: SE0021149259 Christopher Kock, CEO of Virtune: “We are very happy to introduce the first Chainlink ETP in the Nordics after experiencing a growing demand from the Nordic audience. Chainlink is a promising platform which has been proven through its collaboration with large financial institutions. Virtune Chainlink ETP is a 100% physically backed Chainlink product which offers investors an easy, transparent and secure way to gain exposure to Chainlink through a regulated structure listed on Nasdaq Stockholm, reinforced by the support of industry-leading service providers.” If you are an institutional investor interested in exploring the potential of our current and upcoming ETPs for your discretionary asset management or wish to learn more about Virtune and our product offering, please feel free to contact us. Visit www.virtune.com for more information, and register your email address on our website to receive updates on upcoming ETP launches and other news related to digital assets. Press contact: Christopher Kock, CEO Virtune AB (Publ) christopher@virtune.com +46 70 073 45 64 Virtune with its headquarters in Stockholm is a fully regulated Swedish digital asset manager and issuer of crypto exchange traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our proficient team, we empower investors on a global level to access innovative and sophisticated investment products that are aligned with the evolving landscape of the global crypto market
This post was edited on 12/1/23 at 2:49 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81711 posts
Posted on 12/1/23 at 8:20 pm to
My miner and MSTR calls have been going absolutely bonkers the past week
Posted by I Love Bama
Alabama
Member since Nov 2007
38310 posts
Posted on 12/2/23 at 3:16 pm to
Love the calls. Great play.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81711 posts
Posted on 12/2/23 at 4:17 pm to
I have a large chunk of calls ending December 2025 to capture the next run but I recently went pretty balls deep in RIOT/MARA calls with January 19, 2024 expiration to play the ETF pump. So far they are up about 10x what Bitcoin is up in the same time period. This is fun (until ETF is delayed further and they expire worthless)
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81711 posts
Posted on 12/3/23 at 10:00 pm to
No $40k bump???
Posted by LordSaintly
Member since Dec 2005
40618 posts
Posted on 12/3/23 at 11:20 pm to
quote:

No $40k bump???


This is a $41K bump.
Posted by I Love Bama
Alabama
Member since Nov 2007
38310 posts
Posted on 12/4/23 at 5:11 am to
We are so back.

Adjusted for inflation, I believe we need $78,500 for the new ATH.

Posted by 98eagle
Member since Sep 2020
2632 posts
Posted on 12/4/23 at 7:58 am to
quote:

We are so back.


I wonder when and where this Rocketship will slow down. Not even counting the US ETFs, just think about the countries that will be fighting over scarce Bitcoin.

China, Argentina, etc., and the list is only going to grow rapidly in my opinion. The latest I heard, but have not yet verified is that the Qatar Sovereign Wealth Fund has entered the Bitcoin market and is interested in purchasing up to $500 Billion in Bitcoin.
Posted by Yellerhammer5
Member since Oct 2012
10891 posts
Posted on 12/4/23 at 8:06 am to
quote:

Adjusted for inflation, I believe we need $78,500 for the new ATH.


Jesus, that’s pathetic.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26009 posts
Posted on 12/4/23 at 8:17 am to
quote:

Hope you boys packed your bags for this moon ride.


I hope my moon bags in Celsius get returned to me


















Posted by WG_Dawg
Member since Jun 2004
88665 posts
Posted on 12/4/23 at 10:05 am to
In the last few months I've really convinced myself to get serious about BTC purchasing for at least the next 18 months or so during this blastoff period. I kinda hate that it keeps going up because I want to buy more but it won't slow down lol
Posted by 21JumpStreet
Member since Jul 2012
14774 posts
Posted on 12/4/23 at 10:31 am to
Stacks, leggo
Posted by WG_Dawg
Member since Jun 2004
88665 posts
Posted on 12/4/23 at 10:48 am to
quote:

21JumpStreet


I bookmarked a post you made a while back (and reposted it several pages back) about the price on December 1st yearly. I've used that as my guide to really psych myself up, since it appears that December 2025 is going to be moon time. Thanks for the inspiration!
Posted by WG_Dawg
Member since Jun 2004
88665 posts
Posted on 12/4/23 at 10:56 am to
actually now that I think about it I have a question. Here is the info you (21JS) posted a while back:

BTC Price on December 1st

2022: $17,103
2021: $57,230
2020: $18,803
2019: $7,424
2018: $4,215
2017: $10,976
2016: $757
2015: $362
2014: $379
2013: $956
2012: $13
2011: $3
2010: $0.21
2009: $0
2008: $0


Halvenings took place in 2016, 2020, and the next one is happening next spring in 2024. It looks like it takes a year and a halfish for the price to really massively ramp up following a half event....why is that? Let's just say the next one will happen on April 1, 2024. As a layman I would assume that there'd be an enormous run up right around that time or immediately after in summer 2024...so why is it (supposedly) going to take until winter of 2025 for the price to really skyrocket?
This post was edited on 12/4/23 at 10:59 am
Posted by tigersint
Lafayette
Member since Nov 2012
3562 posts
Posted on 12/4/23 at 11:08 am to
Because humans are full of emotions and they will continue to follow this trend.
Posted by LordSaintly
Member since Dec 2005
40618 posts
Posted on 12/4/23 at 11:11 am to
quote:

Stacks, leggo


I researched this and bought some when I saw your post. I'm mad I didn't buy more.
Posted by WG_Dawg
Member since Jun 2004
88665 posts
Posted on 12/4/23 at 11:16 am to
quote:

Because humans are full of emotions and they will continue to follow this trend.


Right, I get why there is an increase after a halvening for sure. My question is why the delay? Why is it year and a half after a halving before it takes off?
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