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AxelWolf
AxelWolf
Joined: Oct 10, 2012
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January 10th, 2024 at 6:03:32 PM permalink
Quote: DRich

Quote: AZDuffman

It appears that several bitcoin ETFs have been approved. The next phase in crypto now begins.
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I am not a proponent ]

Define what you mean by that.

I rarely speculate on Crypto, but I have bought at close to various lows(BTC) believing it was a good deal. I'm a proponent that it's a valuable tool for the right people.I'm pro BTC and want it to succeed.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
SOOPOO
SOOPOO
Joined: Aug 8, 2010
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January 11th, 2024 at 7:16:08 AM permalink
Quote: DRich

Quote: AZDuffman

It appears that several bitcoin ETFs have been approved. The next phase in crypto now begins.
link to original post



I would expect that it will go up at least $10,000 in the next 30 days or so. I am not a proponent of crypto but for those of you that like to speculate, this might be a good time.
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I invested in a Bitcoin ETF for a few days maybe 5 years ago? Grayscale I think? Is there some new law that changed from when I owned that?

Editů. Maybe it was a mutual fund, not an ETF, but does that even matter?
AZDuffman
AZDuffman
Joined: Nov 2, 2009
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January 11th, 2024 at 11:46:32 AM permalink
Quote: SOOPOO

Quote: DRich

Quote: AZDuffman

It appears that several bitcoin ETFs have been approved. The next phase in crypto now begins.
link to original post



I would expect that it will go up at least $10,000 in the next 30 days or so. I am not a proponent of crypto but for those of you that like to speculate, this might be a good time.
link to original post



I invested in a Bitcoin ETF for a few days maybe 5 years ago? Grayscale I think? Is there some new law that changed from when I owned that?

Editů. Maybe it was a mutual fund, not an ETF, but does that even matter?
link to original post



What matters is they will be on an exchange. Regulated. Sec rules and reporting. You can lose money but not your actual coins. And institutions have a more clear path to invest.

It sounds like you invested on a crypto exchange of some sort.
All animals are equal, but some are more equal than others
BTLWI
BTLWI
Joined: Nov 6, 2013
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January 20th, 2024 at 12:06:38 AM permalink
Grayscale is a trust. People are transferring out of GBTC into ETFs because of fees.

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