Bitcoins - about to hit $5,000 per coin today!

[obsidian]

The masses front running the ETF aye?

What are the current BTC peak price targets?

Yes. But they are looking for degen gains with the alts. The ETF money will only go to BTC, and perhaps ETH if there is a spot approved for it. Can't go anywhere else because the alts won't have spot ETFs for a while.

I've read so many BTC peak price targets for the next bull run lol! But I think it should at least go past $100-120K. Will be interesting to see how it pans out.

Arthur Hayes is fascinating in this interview. I only started watching it and am going to listen to all of it on a long drive or two. Well worth listening to it I think.

(00:03:44) Rich countries' population decline and looming market disturbances.
(00:13:46) Intellectual disdain for communism and US's Eurasian resource goals.
(00:26:24) Our missed nuclear chance in an oil-dependent world.
(00:31:51) Indonesia's nickel strategy and global trade inequalities.
(00:46:20) The risks of selling low-interest bonds prematurely.
(00:55:39) Real estate lending's decline and bank stability concerns.
(01:05:53) Global debt's impact on long-term bond choices.
(01:19:57) Profiting from low-risk investments in any market.
(01:22:26) Navigating volatile assets with short-term cash safety.
(01:39:24) Predicting a stable economy vs. potential extremes.
(01:46:20) Long-term AI and crypto investments aiming for 2025 liquidity.
(01:56:32) US's self-sufficiency vs. global dollar protection.
(02:13:28) Crypto's resilience amidst crises and fraud.
(02:24:07) Centralized influences on Bitcoin's principles.
(02:25:36) Balancing Bitcoin's core values with mainstream demands.
(02:37:38) Economic collapse concerns.

[Theoak*]

Eth finally flipped btc.

[Schadenfreude]

Will gold lose value after BTC reaches univeral acceptance as a store of value?

[Flexacon]

Will gold lose value after BTC reaches univeral acceptance as a store of value?

Ask affeman and then go with the opposite of what he says.

[Schadenfreude]

Ask affeman and then go with the opposite of what he says.

Is that Peter Schiff's handle? I get physically uncomfortable listening to that man. Seems very dishonest and untrustworthy. Probably a secret BTC maxi unloading third reich gold on the unwashed masses.

[Schadenfreude]

On a more serious note, I wonder if BTC can once again crash to near zero in the future if the market decides it is worthless after all.

[Flexacon]

Crypto banks were about to get ground into the dust, but got saved by some kinda rescue package from Citadel, Susquehanna and random wealthy crypto bros.

Binance/CZ is about to get a monster fine in the US for compliance issues. It could be up there in the billions.

Crypto has survived the bear market, but I wouldn't be surprised if this pump ends up being exist liquidity for CZ so he can pay that monster fine.

It's not that I don't think spot ETFs won't be approved eventually. More that the path towards it will be rocky. Loads of delays and BS hypocrisy as we're already seeing.

I think the sketchy players like CZ, Justin Sun, maybe even Silbert need to be brought to their knees before the spot ETFs are approved. Those guys have too much control over the markets and it's likely spot ETFs will eventually make them the richest men on the planet. I can't see them being allowed to be a part of "Wall St Crypto" so no spot ETFs until they are gone. You can add the Tether mob to this too.

CZ gone. Old leadership of Tether gone (new guy is kissing Washington ass hard) Silbert neck deep in lawsuits. Sun is becoming a peripheral player (maybe China takes him out)

Sometimes I even amaze myself on these types of calls.

[Schadenfreude]

CZ gone. Old leadership of Tether gone (new guy is kissing Washington ass hard) Silbert neck deep in lawsuits. Sun is becoming a peripheral player (maybe China takes him out)

Sometimes I even amaze myself on these types of calls.

After FTX collapsed, the youtube media all said that CZ is next.

[a_pupil]

CZ is gone? I've been out of the loop so I haven't seen anything about his downfall.

[obsidian]

CZ is gone? I've been out of the loop so I haven't seen anything about his downfall.

This was a shakedown by the US government. FTX was a huge DNC donor. CZ declined to bail out FTX. They had an axe to grind with him. CZ is not the bad guy the MSM tries to make him out to be. SBF is the bad guy. CZ also helped Elon buy Twitter. The regressive left also doesn't like Elon. Because he tells the truth. Can't have that!

- CZ to step down as CEO of Binance as part of plea deal for violating anti money laundering rules

- CZ will maintain his majority ownership of firm (similar to Arthur Hayes's arrangement with US authorities when he made a deal)

- Binance to pay $4 billion settlement to DOJ; may be allowed to continue to operate

[obsidian]

CZ gone. Old leadership of Tether gone (new guy is kissing Washington ass hard) Silbert neck deep in lawsuits. Sun is becoming a peripheral player (maybe China takes him out)

Sometimes I even amaze myself on these types of calls.

$4.3 Billion is bribe money. Ivan Tech said yesterday it's a no-brainer that Binance would accept that deal. They can afford it no problem at all. And now the US government will hopefully stop harassing Binance and CZ. I think this was a move for the US to get their claws into Crypto as a hedge. They know US debt is out of control and unfixable. The dollar and other fiat currencies are ultimately doomed. I would be surprised if the US dumps their Bitcoin. They might just hold on to it. And they will be accused of hurting investors if they dump it all.

Regarding CZ being guilty, it's easy to break laws when it's a new industry with a lot of unknowns. CZ probably broke them unknowingly, and anybody can be found guilty with the complex bureaucracy of the US government. They have laws for laws lol! The Deep State and their puppet, the US government, are the biggest crooks in the world! They do not have the moral high ground on anything!

[Flexacon]

After FTX collapsed, the youtube media all said that CZ is next.

$4.3 Billion is bribe money. Ivan Tech said yesterday it's a no-brainer that Binance would accept that deal. They can afford it no problem at all. And now the US government will hopefully stop harassing Binance and CZ. I think this was a move for the US to get their claws into Crypto as a hedge.

After FTX the youtubers said Binance would be next. I said Binance would likely survive and they'd look to go after CZ. Binance will now be under U.S. Financial Crimes Enforcement Network  monitoring for the next 5 years. It's basically been neutered or captured depending on how you want to look at it. So that's Coinbase, Binanace, post sam FTX, Kraken and a bunch of others who have been  neutered/captured

They (Wall Street and Washington) want to control narrative and price action so are eliminating the old guard. That's been my theory at least  for a while and it looks to be playing out.

[obsidian]

After FTX the youtubers said Binance would be next. I said Binance would likely survive and they'd look to go after CZ. Binance will now be under U.S. Financial Crimes Enforcement Network  monitoring for the next 5 years. It's basically been neutered or captured depending on how you want to look at it. So that's Coinbase, Binanace, post sam FTX, Kraken and a bunch of others who have been  neutered/captured

They (Wall Street and Washington) want to control narrative and price action so are eliminating the old guard. That's been my theory at least  for a while and it looks to be playing out.

Yes, that's the way it looks like to me. I am still staking ETH and a bunch of other tokens on Binance - lol! Hopefully this hush / bribe settlement will be good for ME!

[gib]

After FTX the youtubers said Binance would be next. I said Binance would likely survive and they'd look to go after CZ. Binance will now be under U.S. Financial Crimes Enforcement Network  monitoring for the next 5 years. It's basically been neutered or captured depending on how you want to look at it. So that's Coinbase, Binanace, post sam FTX, Kraken and a bunch of others who have been  neutered/captured

They (Wall Street and Washington) want to control narrative and price action so are eliminating the old guard. That's been my theory at least  for a while and it looks to be playing out.

Bitcoin is going corporate, now doubt about it. Its a twin attack. Kill and take over the unregulated exchanges, and kill the unregistered seciruties alts. Then move over and let the big boys of finance reclaim their rightful place, with BTC as the supreme asset, and the exchanges run by the established powers in finance.

[Mayday]

They (Wall Street and Washington) want to control narrative and price action so are eliminating the old guard. That's been my theory at least  for a while and it looks to be playing out.

You’ve been right.

It’s currently run by a pack of degenerate rug pullers. Absolutely needs to flush out those exchanges. .

Wall St can wreck anybody so The next question is whether they allow the larger coin holders to survive.

Is Saylor worthy?
Is Barry worthy given the SEC hates him and the favoured Blackrock want an ETF?
Are the Winklevoss twins worthy?

[gib]

You’ve been right.

It’s currently run by a pack of degenerate rug pullers. Absolutely needs to flush out those exchanges. .

Wall St can wreck anybody so The next question is whether they allow the larger coin holders to survive.

Is Saylor worthy?
Is Barry worthy given the SEC hates him and the favoured Blackrock want an ETF?
Are the Winklevoss twins worthy?

Allow me to answer.

Saylor - yes, as he has done everything by the books via a public and SEC compliant company.

Barry - yes.

Gemini - yes, again due to being as regulatory compliant as possible and due to the massive players in finance who hold a stake in the company- they all want their IPO gains.

[Flexacon]

Agree with Saylor being okay, but Barry and the Winklevoss twins have the New York Attorney General going after them right now. She does not want them being allowed anywhere near spot ETFs.

Barry and the Winklevoss twins get fined into oblivion like CZ or the court case drags on and they miss out on all the spot ETF fun. Probably a combination of both.

[gib]

Gemini doesn't need an ETF. They make their money through trading on their exchange,

[Flexacon]

Gemini doesn't need an ETF. They make their money through trading on their exchange,

No one needs an ETF, but they definitely wanted one. Winkles have been chasing a spot ETF for 10 years! Gemini being a custodian for the ETF and collecting fees would be a huge revenue spinner for them.

I'd also argue evidence points to them being a moderately successful exchange at best. Why else would they have launched the Gemini earn product which was only ever gonna earn them peanuts? They were either really greedy or they were desperate for another revenue stream.

[Schadenfreude]

I still cannot get over the fact I totally missed the bitcoin train. Very sad, many such cases.

[obsidian]

Food for thought:

https://dailyhodl.com/2023/11/22/trader-unveils-bull-market-price-targets-for-bitcoin-ethereum-solana-and-two-additional-altcoins/

A closely followed crypto analyst is sharing his price targets for Bitcoin (BTC) and four other digital assets.

Pseudonymous analyst Inmortal tells his 201,000 followers on the social media platform X that Bitcoin could soar by more than 255% from its current value in the next bull market.

He also says that Ethereum (ETH) could soar more than 393% from its current value and ETH competitor Solana (SOL) could soar more than 813% from its current value.

Lastly, the trader predicts decentralized oracle provider Chainlink (LINK) could soar more than 1,190% from its current value, and 0x0.ai (0x0), an AI-powered smart contract auditor, could soar more than 3,378% from its current value.

“I don’t usually do this, but here it goes. Bull run (2024-2025) predictions:

BTC: $131,000

ETH: $9,800

SOL: $490

0x0: $4

LINK: $180.”

Looking at Ethereum, the trader predicts that ETH will soon take out recent high prices and cross the $2,100 level within days.

“Sweep the highs first.”

[gib]

I still cannot get over the fact I totally missed the bitcoin train. Very sad, many such cases.

I have answered this before. You have not missed anything. You are still ahead of the vast majority of the world. Secure what you can now. If not, then you really will regret it, and you really will be at fault for your own failure to act now.

[gib]

No one needs an ETF, but they definitely wanted one. Winkles have been chasing a spot ETF for 10 years! Gemini being a custodian for the ETF and collecting fees would be a huge revenue spinner for them.

I'd also argue evidence points to them being a moderately successful exchange at best. Why else would they have launched the Gemini earn product which was only ever gonna earn them peanuts? They were either really greedy or they were desperate for another revenue stream.

Yes, agree. I think their filing may well be approved in the first round - lets see. One distinction is that most of the other applicants are already ETF operators and listed companies. Gemini is neither.

The exchange is very profitable (as far as I know). Yes, offering the "earn" product, obviously, was due to the desire to make more money. It looked good in theory, until it wasn't... They were given false financial information by Genisis Global, but even so, that does not absolve them of their liability or responsibility, and caused a real blow to their credibility. 

[Schadenfreude]

I have answered this before. You have not missed anything. You are still ahead of the vast majority of the world. Secure what you can now. If not, then you really will regret it, and you really will be at fault for your own failure to act now.

Is coinbase safe?

[Schadenfreude]

I put my car up for sale so I can buy btc. Maybe mention in the ad that i  accept btc?