Bitcoins - digital currency
Bitcoin is a peer-to-peer digital currency. Peer-to-peer (P2P) means that there is no central authority to issue new money or keep track of transactions. Instead, these tasks are managed collectively by the nodes of the network. Advantages:
- Bitcoins can be sent easily through the Internet, without having to trust middlemen.
- Transactions are designed to be computationally prohibitive to reverse.
- Be safe from instability caused by fractional reserve banking and central banks. The limited inflation of the Bitcoin system’s money supply is distributed evenly (by CPU power) throughout the network, not monopolized by banks.
Total size 5,811,700 BTC
or 4,585,431 USD
or 3,545,137 EUR
or 133,094,323 RUB
or 3,849 ounces of gold
Any value to this idea or will it never work?
SEC account was hacked... fake news.
I was worried about that.
That's hilarious.
typical
It's all so tiresome. Approval delayed from haxoor incoming...
What a fantastic day. SEC is a joke. Gary is a clown. Unreal timeline we're living in.
Once the curtain is pulled back on financial shenanigans, it really is breathtaking to watch it happen 100% of the time.
Was it fake... or was it prematurely released accidentally?
My guess is botched a timed tweet, but who knows. Regardless, saying you were hacked and then getting everything back in minutes is lolok.
I just saw a VanEck interview where the CEO accidentally let it slip that all the etfs will be approved on Thursday. This interview was from much earlier this morning before the X fiasco.
As Gensler said today.. 'unauthorized '... that's not a hack.
@17:50
When the SEC commits market manipulation
There's definitely going to be an investigation...
1 billy liquidated.
Amazing timeline we live in.
It would seem unlikely this changes any decision (which has surely already been made) on the ETFs?
Can they just delay it and make everyone wait some more months? Have no idea how the approval process works. If not surely its still getting approved. They could say no to the Winklevoss twins but they can't say no to Blackrock one would think.
Regardless, complete clown show. Sloppy.
It would seem unlikely this changes any decision (which has surely already been made) on the ETFs?
Can they just delay it and make everyone wait some more months? Have no idea how the approval process works. If not surely its still getting approved. They could say no to the Winklevoss twins but they can't say no to Blackrock one would think.
Regardless, complete clown show. Sloppy.
They need to approve or reject the ark21 shares application by tomorrow, Jan 10. They can't delay it any more. If they reject it, they need to provide reasons and they are pretty much out of reasons. Grayscale won in court the other month and the judge called the court arbitrary and capricious and that their reasons given weren't valid, or more precisely they need to treat like products alike, and since already approved btc futures etf, they have no grounds to reject the spot ETF.
That being said, sec can still reject and then take their lumps in court.
The next batch of final deadlines for approval is Mar 14/15.
Given all the work that's been put in, and responses, comments, filings, amendments, etc. analysts' view still seems quite confident will be approved tomorrow. We'll see.
So when etf?
Today at 4:11 pm est. It’ll be like the twilight zone.
I blame bitboy for all of this.
Damn Gary is such a buzzkill.
SEC just reposted 11 ETF approvals and then instantly reyoinked them. Is this real life?
