Getbig Main Boards > Gossip & Opinions
Bitcoins - about to hit $5,000 per coin today!
Flexacon:
--- Quote from: Slapper on June 24, 2023, 07:40:02 AM ---When the ETF is approved, yes.
Wanna know what? I'll put my cock on the chopping block: GBTC will be around $60 in 12 months or less.
I will post the before and after once my goal is reached. Daily. And I will contrast it with the bull shit doom-and-gloom you and your trannie lover have been posting for the past 7 months.
--- End quote ---
My "doom-and-gloom" hasn't been about future upside price targets or bull markets ending. It's been about exchanges, crypto banks and regulations and guess what I've been absolutely right.
The 43% in one day hasn't happened, so now you decide to throw up a random GBTC price target. Do you really need a "win" that badly? Is life really going that bad for you right now?
Solid meltdown though.
Slapper:
--- Quote from: Flexacon on June 24, 2023, 07:58:09 AM ---My "doom-and-gloom" hasn't been about future upside price targets or bull markets ending. It's been about exchanges, crypto banks and regulations and guess what I've been absolutely right.
The 43% in one day hasn't happened, so now you decide to throw up a random GBTC price target. Do you really need a "win" that badly? Is life really going that bad for you right now?
Solid meltdown though.
--- End quote ---
THIRD TIME I HAVE TO TELL YOU THIS: I never said the discount was going to be reduced to zero the next day, I said WHEN IT DOES, you and everyone else will make a 43% gain because at that time the discount was 43%. Now it’s around 32%, so the gain would be 32%.
I’m not saying it is going to happen soon or that you will get a 32% increase in a day. I am saying that once the GBTC trust is turned into an ETF, the news will come out and the stock price will be adjusted the very next trading day. Whatever the discount % is at that moment, you will get.
Would u like me to say in Chinese?
Flexacon:
--- Quote from: Slapper on June 24, 2023, 08:53:30 AM ---THIRD TIME I HAVE TO TELL YOU THIS: I never said the discount was going to be reduced to zero the next day, I said WHEN IT DOES, you and everyone else will make a 43% gain because at that time the discount was 43%. Now it’s around 32%, so the gain would be 32%.
I’m not saying it is going to happen soon or that you will get a 32% increase in a day. I am saying that once the GBTC trust is turned into an ETF, the news will come out and the stock price will be adjusted the very next trading day. Whatever the discount % is at that moment, you will get.
Would u like me to say in Chinese?
--- End quote ---
Maybe try read your own post. The one I responded to in the post you quoted me on today. For context.
--- Quote from: Slapper on November 20, 2022, 05:26:33 AM ---I know, I know, no VC want to touch it. YET.
When all news are bad and there seems to be no hope, they will announce the flip to an ETF, the stock will go up 43% in one day and everyone will start bitching and moaning about what happened. And we all know what is going to happen to the price of BTC once Grayscale starts being a net buyer again...
--- End quote ---
Okay so now the gain is gonna be 32%, but not in one day. Good climb down after being told months ago a move like that wouldn't happen in one day.
You are bull posting about the discount narrowing a few percentages, but nothing about GBTC has changed. It's still a garbage product and a poor way to get exposure to BTC. You take plenty of exposure to DCG risk, pay through your nose in fees and the potential upside is a few measly percentages. At least wait until a Silbert GBTC spot ETF gets approved before you try claim a "win". I say it won't happen and you can quote me on it.
Mayday:
--- Quote from: gib on June 23, 2023, 11:20:07 AM ---
I would think we will be well over 100K per BTC coin by March 2024. Once the demand squeeze happens, the spike will be insane, and self-fulfilling, and very fast.
--- End quote ---
Forever the eternal optimist :D
You watch when Microstrategy sell some of their holdings……..
This is good news to hear you bullposting again. I like it when you are like this.
Mayday:
--- Quote from: Slapper on June 24, 2023, 05:30:11 AM ---On 11/20/22, when you and Mayday were selling everyone on this forum the doom and gloom BS, GBTC was selling at $ 8.27.
It is now $19.19 and looking like it is headed to $40.
Last chance to get on the train... Folks, don't listen to these charlatans because they will scare you out of making money.
--- End quote ---
Huh?
I bought at 17.5k and spent 3 months bullposting in this thread calling the bottom. Everybody else on here was calling for much lower. I probably got the closest entry to the bottom than anyone else in here. Ironic you miss all the posts of me buying and bullposting lol.
I called the run up all the way into May. All posted here making fun of anyone who doubted it. I even posted when I sold.
even on equities I have been bullposting for months, same as crypto. I’ll be nice replying but you are so far off base it isn’t funny. I am extremely heavy in crypto already, I posted that many months ago so.
Don’t let your anger blind you from reality. If you honestly don’t know that I’ve been bullish for 9 months you need to take a breath and chill out.
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