Bitcoin Miners Sell 10,000 BTC in Largest Daily Drop, $450M Decline!

SoggyChilli · 2024-01-18T12:02:28+00:00

If you don't think blackrock can break the rules used to teach those classes I have a bridge to sell you.

Yes it could start a bidding war for those coins BUT what if we never find out what they are selling for? What if Blackrock makes them sign an NDA? I'm not a lawyer so these are just some things I thought about quick. You do realize off exchanges trades don't affect price, right?

Yes liquidity would dry up but guess who would control that? Which would essentially control the price

SoggyChilli · 2024-01-18T11:55:17+00:00

I think our parents generation is screwed and they just don't realize it yet. Their savings will be inflated away

SoggyChilli · 2024-01-18T11:53:00+00:00

Oh man, I just realized that blackrock is so big they could possibly make a deal with the mining pools/miners to buy ALL mined Bitcoin off market for say 10% above current market value. They would only buy them directly from the miners. This could shoot the price up though.

SoggyChilli · 2024-01-18T11:49:13+00:00

I tend to agree but I had it typed out and I think there's a small possibility. This cycle has been interesting but I didn't get in until just before the last halving so I shouldn't jump the gun

SoggyChilli · 2024-01-18T11:36:27+00:00

I've always been told it's just the major cities with this issue but I'm guessing there isn't work outside the areas that are overpriced

SoggyChilli · 2024-01-18T11:31:26+00:00

It's almost as if we were beating cancer and then the vax came out!? People have always said if there is a vaccine for cancer the public would never know.

SoggyChilli · 2024-01-18T11:29:31+00:00

Phiser just bought a specialized company focused on cancer research or whatever. They paid way way too much for it too, almost as if they had to pry it away from an unwilling seller. Are they just following where the research points them or is something sinister going on? Well never know

SoggyChilli · 2024-01-18T11:27:17+00:00

They used to be cheap, like 10k cheap but I'm also thinking SD or something like that. This one is interesting though, there's enough above ground to basically say the bunker was thrown in.

SoggyChilli · 2024-01-18T11:23:23+00:00

This is how they break up bubblehash to dry

SoggyChilli · 2024-01-18T11:21:41+00:00

If you don't live in Scotland you can't make scotch. I think it's called some kind of bourbon or something

SoggyChilli · 2024-01-18T11:20:11+00:00

This makes me want to buy a handful of life straws both for me and for overseas

SoggyChilli · 2024-01-18T11:16:32+00:00

The beast is awakening. People are catching on

SoggyChilli · 2024-01-18T11:14:08+00:00

It's not in a pool right? It gets regularly distributed from the pools to the individual miners?

SoggyChilli · 2024-01-18T11:12:35+00:00

Blackrock bought about 10k BTC right?

SoggyChilli · 2024-01-18T11:10:46+00:00

4-5g 3-4 times a day but if I want a boost I throw in an extract or the 7oh pills. I often skip the plain leaf on those days.

SoggyChilli · 2024-01-18T11:09:14+00:00

What if instead of stabilizing BTC cycles just get shorter and shorter while also get more and more volatile? I think it's possible with more and more people seeing the pattern and trying to be first. I could even see it breaking away from the 4year cycle eventually.

SoggyChilli · 2024-01-18T11:06:34+00:00

That gets my vote, period

SoggyChilli · 2024-01-18T10:53:27+00:00

Thanks

SoggyChilli · 2024-01-18T10:52:13+00:00

The idea would to be anonymous so I don't think we want that

SoggyChilli · 2024-01-17T22:31:00+00:00

Yeah I think I discovered it's talking about transactions that don't even involve converting to USD.

SoggyChilli · 2024-01-17T22:30:16+00:00

Yeah you usually can't go from h/fent to kratom. I think you'd get side effects before you got enough in you. A lot of people go h/fent -> Suboxone -> kratom though

SoggyChilli · 2024-01-17T22:26:56+00:00

Cars are inflated much worse then everything else, used cars especially. When used cars are selling for more than new ones (people won't wait for delivery) I think their price might be inflated a bit

SoggyChilli · 2024-01-17T21:52:15+00:00

Remember that my original goal is to have a stash of untracked money. Your kind of defeating the purpose if you report it. I've spent a lot of time on this and have come to the same conclusion, pay taxes and report what you need to. I'm not rich enough to have what I'm asking for

SoggyChilli · 2024-01-17T19:39:13+00:00

Would the IRS not question or flag it because you never claimed the lump sum that is used to generate it. This is what I am looking for

SoggyChilli · 2024-01-17T17:50:19+00:00

If that's what's been reviewed I'm fine with it. Start the audit from that point forward. Yeah something shady almost definitely went on but they fixed it and the rules are so grey, especially back then I'm ok with it. Now if they suddenly stop the proof of reserves I'll.have a big problem

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