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Wouldn't sell now if I was in your position, but do what you want. ETH has been lagging all year and has just started to catch up. Should continue to go up, especially as we near an ETH etf.

Seems like the "crypto is a security" thing is still very up in the air. SEC keeps losing in court. Not saying it couldn't happen though. If it does, it will fuck most alt coins.

I'd say there's no way a trusted and storied company like Blackrock or Fidelity would be incompetent enough to let something like that happen, but I would have also laughed if you told me the official SEC twitter account wasn't 2FA and would be hacked and announce the ETF approval a day early...

What would that look like to you?

Haven't decided on which I'm going with yet but definitely going in. Only reason though is bc I can't buy actual BTC with my ira https://x.com/gurgavin/status/1745203919138017522?s=20

Gary G announced the approval but he's salty af about it lol. Yay. Now maybe I won't have to work until I'm 90.

Unbelievable. Considering the position and stakes, this should cost him a job.

That was my thought- though they are now denying it was someone in the SEC. Hope they figure it out.

So the official SEC Account tweets that the BTC ETFs have been approved. Less than 5 minutes later the same official account tweets that the account was compromised and the ETFs aren't approved. Hacks happen, but there are some strange things with this one. 1. If it was a scammer, they could...

https://www.theblock.co/post/270748/someone-sent-1-2-million-of-bitcoin-to-the-genesis-wallet-mined-by-satoshi-nakamoto Greatest trick the Devil ever pulled etc

Might not have to wait until next week to find out about the BTC etfs...

Yep, or even better Brian Higgins

Lots of theories on that, actually. People extrapolating using the advent of the gold etfs as a model.

Decision expected next week. Experts predicting 90% chance of approval. At this point the question is really who gets approved and when?

Picked up a bunch of that week before last. Likely will see lots of volatility in crypto related stocks as we draw close to the spot etf decisions

Having a pretty good end to the year for us crypto degens. Will be interesting to see what the week of Jan 8 brings. You sell all your Grayscale holdings yet, @Mist ?

That's a fair summary of how they are different. Would still say The Bureau was just better though- better writing, directing, story, acting (with the exception of Gary Oldman, who is the best actor in either show imo). Might be because I prefer gritty and realistic to pulpy. Again though...

I've been thinking of selling 50% of my ETHE and GBTC in late December to take profits. If they drop precipitously after ETF approval (or denial or delay) in early Jan, then I'll be glad I got halfway out. If it goes up instead, I can always buy back and lose out on some gains but still be...

Homo homini lupus est

Shit you guys are crazy. Werewolves always freaked me out. Always felt like I could reason with a vampire or at least convince one to turn me instead of kill me. But werewolves. Man, those fuckers are just going to tear you limb from limb. They are stronger than you, faster than you...

Had the exact same experience. Still like the movie though. Definitely in my top 3 WW movies

Gotcha. I'm curious on your timeline (I hold a good amount of ETHE). Supposedly the Grayscale BTC news is going to drop around 1/8/24. No one knows how it will go, but if a Grayscale BTC ETF gets approved in Jan, presumably all the Grayscale crypto trusts will see an increase. Again, they...

Good werewolf movies are scarce. I would put SB on the "better" end of the available options. Still waiting for them to make a really good werewolf movie, like using Mongrels or Those Across the River for source material

You selling before the ruling on grayscales etf?

Yep. I've been standing by waiting to invest in some low cap coins. Went ahead and sunk some money with the theory that BTC is the tide that raises all boats. I pulled the trigger earlier this month after the first big bump and thought I would regret chasing. That turned out to be a...

So, uh, ETF approval tomorrow or what?

This is going to suck. Just figured I'd let you guys know now so you won't be as disappointed.

The great thing about GPT is that you can always ask. Unfortunately it doesn't always give you useful data. In this case I could probably continue to dig to try and figure out where it got the data for "recent market trends" and what factors within the data made it land on a 10% increase, etc.

Obviously, the above is a super simple query that anyone could do if they took 10 minutes. I tried to get it to prepare a chart showing the predicted price from between now and 2/1/23. It gave me a crazy looking chart that was clearly insane but that ended up with a pretty reasonable final BTC...

The new GPT connects to the nets and can provide up to date data. The issue is it seems limited in the sites it targets and the data it scrapes. You can point it to certain sites though, so that alleviates some of the issue. For example: I'm sure they have GPT models specifically built to...

Nevermind- chat GPT is worse than useless for financial predictions. for now anyway

Had a blast on my trip to Barcelona, but I spent very little time in Barcelona itself. Check out the beaches in Costa Brava. My personal favorite was Platja de l'Illa Roja. Great for snorkeling and cliff jumping. Very cool medieval town named Pals worth a stop. If I did it again though, I...

There are some pretty safe exchanges these days. Fidelity isn't an exchange, per se, but you can buy BTC and ETH there and hold it and it's probably safer than self-custody tbh. But Fidelity comes with two main downsides: you can't move crypto on or off the exchange without converting it to...

Then again they might have her strip down to a tight top and skimpy underwear that shows a little bush when she gets into a hibernation chamber. Jk. We all know those days are over.

Couple things to keep in mind.: Where I live an18 year old cashier with a GED can START around about 45k a year at McDonalds. Most people make much more than 60k/year, especially those who own homes. But (again) everything costs way, way more here than it does in most places- especially...

Plenty of people who are middle class drive a Lexus. Some people who are upper class drive Hondas. What someone drives, in and of itself, doesn't tell you much about a person at all. What I think you can say though, is that if you walk through a middle class neighborhood in America, you'll...

It is indeed. But what I was speaking about is the idea that your home value and salary are relative to your COLA when determining if you would generally be considered middle class. You can't just look at raw numbers. Raw numbers are meaningless without context. You've got to factor in other...

Congratulations, you've grasped the basic concept of relativity, which puts you ahead of several people in this thread.

Right. No argument there. I'm just saying the idea that you can't be middle class because you live in L.A. is... fucking stupid.