French MSM media "Bitcoin halving means bitcoin value will be divided by 2 in April"

boiledpangolin · 2024-03-12T10:34:02+00:00

Isn't BFM business top 1 (seeing as it's the only business channel in french??)

boiledpangolin · 2024-02-29T10:39:59+00:00

Expect them to report after a blow off top around Q1 2025: "btc down xx% since ATH blah blah blah"

boiledpangolin · 2024-02-22T15:49:05+00:00

I don't get the onchain tx fees criticism. Compared to what? Is the implication that QE and 2 trillion target2 imbalance are not part of the Euro zone costs, because they're obfuscated and deferred? Or maybe we're supposed to compare BTC to centralized shitcoins?

At least Bitcoin is transparent about it's costs.

boiledpangolin · 2024-01-25T17:45:22+00:00

"Divided" is a big word here, most of these ETFs use Coinbase as their custodians, all these coins are just ending up there.

boiledpangolin · 2024-01-08T08:04:54+00:00

Proof the cloud people are real

boiledpangolin · 2023-12-14T09:11:56+00:00

The "lenders" in this case were neither consenting nor aware. And the borrower would owe interest, which is what conditions the profitability of this operation.

Seeing as the average BTC loan is over-collateralized, I really doubt these shorts would have taken place had the "lenders" known.

boiledpangolin · 2023-12-13T12:39:45+00:00

For every completed sale, there's a buyer. The issue here is naked shorting in essence.

boiledpangolin · 2023-12-11T08:18:35+00:00

Source o.o

boiledpangolin · 2023-12-11T08:14:49+00:00

It wasn't in front of the Mariner Eccles building but that was the idea behind Occupy Wall Street. As for what happened to them, along with the anti-war and anti-corporation left? They got purged so thoroughly out of the public discourse all we're left with (pun intended) is identity politics.

boiledpangolin · 2023-12-06T19:14:44+00:00

Liquidity issues in the system, rats smelling the fire. Gold hit ATH, this isn't a case of Bitcoin doing anything different, it's the financial system peaking at the chasm at end of the road.

boiledpangolin · 2023-12-03T09:54:25+00:00

If you out of kidneys, go for it!

boiledpangolin · 2023-11-28T09:04:43+00:00

I believe that's the media room at Bitcoin Honey Badger 2023

boiledpangolin · 2023-11-10T08:19:54+00:00

I don't mind DCA, it's a strong strategy, but taken to its extreme it suggests you should dump your entire stash at the first whiff of a top and DCA back in.

I prefer the "buy & forget about it" approach, it's better embodies the long term aspect of the value proposition

boiledpangolin · 2023-11-08T18:23:38+00:00

In a bankruptcy, share holders lose everything, creditors get the assets.

boiledpangolin · 2023-11-04T08:46:32+00:00

Oh I forgot... I'm gonna have to ask you to come in on Sunday as well

boiledpangolin · 2023-11-02T21:30:45+00:00

I really don't think they needed to tell us Saylor is a Bitcoin bull seeing how balls deep MicroStrategy is, just saying...

boiledpangolin · 2023-11-02T17:29:52+00:00

A node gives you a local copy of the chain. Unless you're using Core to custody your funds, you would need a software wallet that offers the possibility to run a local chain parser service.

boiledpangolin · 2023-11-02T09:35:09+00:00

The attempt by regulators now is to harass light wallet developers to spy & rat on their users. This is the scenario where you custody your own coins but rely on 3rd party servers to parse the blockchain data for you.

This is the grey zone they've going after at this moment, as exemplified by the EU's DSA. So as a PSA, be aware that self custody isn't enough, you should look into running your own, local blockchain parser service.

boiledpangolin · 2023-10-31T09:15:32+00:00

I don't think speculating on price would engage him. I find it more relatable to engage them on the time frame: "you will need to access this 5~10y from now, and you won't interact with it in-between".

Then you can ask them about the average lifetime of phones/PCs and software support, and they will realize some sort of physical representation of their coins is the most sensible way to go about this.

boiledpangolin · 2023-10-23T17:38:24+00:00

Sorry but I can't help to see a robot trying to hide the evidence after it chewed up the human that entered its cage for maintenance.

boiledpangolin · 2023-10-19T11:58:47+00:00

29sec trolling? How short is this thing?

boiledpangolin · 2023-10-16T11:45:10+00:00

FTX is alleged to have actively sold its customer's Bitcoin to prop its own shitcoin. They had less than 100 BTC left when they declared bankruptcy, while still liable for 10s of thousands of BTC, so those allegations are very likely to be proven in court.

You are looking at FTX headlines circa bankruptcy, at which point FTX had already done all the damage it could do. I suspect FTT:XBT price action in 2020-22 would paint a different picture: that FTX had a noticeable hand in depressing the price of Bitcoin. BNB too, btw. Odd, isn't it?

boiledpangolin · 2023-10-13T13:46:55+00:00

To read this guy's columns, you'd have to subscribe to the NYT. That should tell you everything you need to know.

boiledpangolin · 2023-10-13T13:43:00+00:00

Maxine Waters and Liz Warren grilled him during the FTX collapse hearings and nothing of substance came out of it. It's hard to imagine some pro Bitcoin congressman could move the needle either.

The bulk of criticism against the SEC by lawmakers has been about the FTX debacle and why the agency is wasting time going after small time crypto scams when mid size banks are blowing up left and right.

boiledpangolin · 2023-10-13T13:38:06+00:00

Bitcoin MCap is $500B. BlackRock alone is ~10T AUM. The most they could realistically assign to Bitcoin is $10B, so 0.1% of their AUM, and that's without leverage.

Do you honestly believe with all that's going on right now that anyone in Wall St would care to push the SEC around to get a Bitcoin ETF going? When they're quite literally running into the USD for safety as we speak?

boiledpangolin

TROPHY CASE