Jun 4, 2023ยทedited Jun 4, 2023Liked by Jimychanga
Indeed. Soon approaching the time when family start asking how to invest in crypto as everyone gets FOMO, again. They'll want a proxy and don't want to learn how to use crypto themselves and store own seedphrases etc. Had a friend that became proxy for multiple family members - constant calls and panic attacks. Then from 2026-2027 family will be smugly saying crypto is worthless, during next bear market. Zerohedgers will argue that BTC has no instrinsic value and is fiat. Gold bugs will swear by precious metals only.
Why not hold both? + cash, for as long as it exists...Here is a starter guide for all things crypto, terminology, and security best practices:
Crypto markets are not random, so Technical Analysis is your friend.The upcoming Bitcoin halving event has the potential to propel Bitcoin to $120,000, and crypto miner funds like DAPP even higher percentage wise.
In 1940, one genius completed a puzzle in just 20 minutes that shouldโve taken him a million years to solve.
His name is Alan Turing.
You may be familiar with Turingโs story from the 2014 movieย The Imitation Game.ย Benjamin Cumberbatch earned a Best Actor nomination for his portrayal of the genius.
Millions of Shopify businesses will now be able to "accept fast, web3 native payments with no transaction fees" until 2024 with Solana Pay integration.
BlackRock files for spot bitcoin ETF, with Coinbase as a crypto custodian
You knew theyโd end up controlling and benefiting from all crypto. (After all, โShatoshi Nakamotoโ translates loosely to โCIA Black Budget Projektโ by some accounts) Have you ever seen him/her/insert pronoun? I rest my case. Doesnโt mean we can make some money in the next year or two riding this train though!!
(Is besser zu buy ze straw hats in ze Vinter, but zis is good also)
Picks, shovels and "Levi Strauss" miner jeans may be the best approach! CB is the on ramp & core Infrastructure for the institutional crypto gold rush happening right now. Pay ze attention!
Although many companies have unsuccessfully applied for a BITCOIN ETF (exchange traded fund to make crypto investing โeasy as pieโ for Mom and Popโs 401k and investment accounts) in the past, there is reason to believe BlackRock will now pull it off. Especially given its impressive track record of having only one ETF application rejected in its 35 years of existence.
Reinforcing this sentiment is the most recent move by the SEC, which called BlackRockโs filing โinadequate.โ
While many traders see this as something negative, the opposite is true. The fact that the SEC responded so quickly after the initial application โ and that it returned the filing back to the applicant โ shows its desire to help push the application forward. In this way, the forms can be filled out properly and the SEC can approve them faster.
UPDATE
ONLY 35 MORE DAYS TO GO
TILL THE HALVENING!!!
https://www.youtube.com/live/god2-aQvB2A?si=-2XPoaCxoj0cjVyV
Indeed. Soon approaching the time when family start asking how to invest in crypto as everyone gets FOMO, again. They'll want a proxy and don't want to learn how to use crypto themselves and store own seedphrases etc. Had a friend that became proxy for multiple family members - constant calls and panic attacks. Then from 2026-2027 family will be smugly saying crypto is worthless, during next bear market. Zerohedgers will argue that BTC has no instrinsic value and is fiat. Gold bugs will swear by precious metals only.
Why not hold both? + cash, for as long as it exists...Here is a starter guide for all things crypto, terminology, and security best practices:
https://open.substack.com/pub/nicholascreed/p/crypto-lessons-learned-and-security?r=16xjwn&utm_campaign=post&utm_medium=web
So, Does it PAY to be a paid STNN subscriber?
Look at the date of this post, and how Even the worst tactic highlighted tripled your money, whether it was $50 or 500k.
The Halvening is tonight. We meet under the Bitcoin Moon to kick off a brand new Season of Profits!
ENJOY.
SEE YOU THERE! ๐
Update!!!
The 2024 Halving Rally Begins.
Crypto markets are not random, so Technical Analysis is your friend.The upcoming Bitcoin halving event has the potential to propel Bitcoin to $120,000, and crypto miner funds like DAPP even higher percentage wise.
https://seekingalpha.com/article/4670187?gt=b1cb22a6732bac13
Do you know what this would mean for btc prices??
Coinbase is โconfidentโ a U.S. bitcoin ETF will be approved after SECโs court defeat
https://www.cnbc.com/2023/10/20/coinbase-confident-a-us-bitcoin-etf-will-be-approved.html
Grayscale Bitcoin Trust: Bitcoin At A 16% Discount
(not advice. read/think for yourself)
https://seekingalpha.com/article/4640364-grayscale-bitcoin-trust-bitcoin-16-percent-discount
UPDATE!
Did SEC Admit Defeat? Bitcoin ETF Could Be Near
https://seekingalpha.com/article/4641317-did-sec-admit-defeat-bitcoin-etf-could-be-near
Great weekly Blockchain and Crypto show by Ric Edelman who sold his advisory biz to do this full time.
Ignore blockchain at your own risk!!
https://www.thetayf.com/pages/multimedia?
Why Quantum Computers Will Never Break Bitcoin
By Houston Molnar, analyst, Palm Beach Daily
In 1940, one genius completed a puzzle in just 20 minutes that shouldโve taken him a million years to solve.
His name is Alan Turing.
You may be familiar with Turingโs story from the 2014 movieย The Imitation Game.ย Benjamin Cumberbatch earned a Best Actor nomination for his portrayal of the genius.
https://www.google.com/amp/s/www.palmbeachgroup.com/palm-beach-daily/why-quantum-computers-will-never-break-bitcoin/amp/
Shopify releases "zero fee" crypto payments
Millions of Shopify businesses will now be able to "accept fast, web3 native payments with no transaction fees" until 2024 with Solana Pay integration.
https://cryptoslate.com/shopify-integrates-with-zero-fee-solana-pay-prompting-businesses-to-adopt-crypto-transactions/
THE BITCOIN HALVENING IS LESS THAN 40,000 BLOCKS AWAY. HERES WHAT THAT MEANS!!
https://decrypt.co/149829/bitcoin-halving-is-less-than-40000-blocks-away-heres-what-that-means
BlackRock files for spot bitcoin ETF, with Coinbase as a crypto custodian
You knew theyโd end up controlling and benefiting from all crypto. (After all, โShatoshi Nakamotoโ translates loosely to โCIA Black Budget Projektโ by some accounts) Have you ever seen him/her/insert pronoun? I rest my case. Doesnโt mean we can make some money in the next year or two riding this train though!!
Make Ze Hay, Vile Ze Sun Shines!
-Klaus
(Is besser zu buy ze straw hats in ze Vinter, but zis is good also)
Picks, shovels and "Levi Strauss" miner jeans may be the best approach! CB is the on ramp & core Infrastructure for the institutional crypto gold rush happening right now. Pay ze attention!
Although many companies have unsuccessfully applied for a BITCOIN ETF (exchange traded fund to make crypto investing โeasy as pieโ for Mom and Popโs 401k and investment accounts) in the past, there is reason to believe BlackRock will now pull it off. Especially given its impressive track record of having only one ETF application rejected in its 35 years of existence.
Reinforcing this sentiment is the most recent move by the SEC, which called BlackRockโs filing โinadequate.โ
While many traders see this as something negative, the opposite is true. The fact that the SEC responded so quickly after the initial application โ and that it returned the filing back to the applicant โ shows its desire to help push the application forward. In this way, the forms can be filled out properly and the SEC can approve them faster.
Bloomberg. Aย potential "gamechanger" in the battle for a spot bitcoin ETF:
https://www.cnbc.com/video/2023/06/28/a-potential-gamechanger-in-the-battle-for-a-spot-bitcoin-etf.html
Updates:
https://open.substack.com/pub/jimychanga/p/blackrock-wants-bitcoin-for-dinner?r=3vm3f&utm_campaign=post&utm_medium=web