Posted on 02/12/2024 9:34:47 AM PST by zeestephen
"Demand for spot-bitcoin ETFs remains robust, with net inflows of $1.1 billion over the past week and $2.8 billion since their launch," he added. "On Friday alone, ETFs acquired 12,000 bitcoin, significantly outpacing the daily creation rate of approximately 900 new bitcoins."
(Excerpt) Read more at cnbc.com ...
It’s called a melt up.
Go, go, go, go....got in it at $22K
Last time got in it at $25K and got out at $68K
Crypto Ping List!
I figured Bit Coin would not be back for a few years. It’s high was >>>>>>
The all-time high price of Bitcoin (BTC) was $67,566.83 on November 8, 2021 1. It’s fascinating to think that Bitcoin, which started with a value of $0.0009 per coin in October 2009, (Bing AI)
OK so I rarely look at my Coinbase portfolio.
It seems I have a current balance of $2,364.65. $333.79 increase from last week.
And Bitcoin is 75% of my portfolio. The app doesn’t tell me exactly what dollar amount my Bitcoin increased, but
Etherium Litecoin and others are pretty insignificant.
but it’s still a useless computer calculation
“but it’s still a useless computer calculation”
no it really is not, the self aware AI uses these calculations to prepare for ending humanity
Yup knew it was going to happen.
The halving is some time in April. Expect a $100,000 Bitcoin this year. Probably around November.
This is beautiful for the Alt coins too. Bitcoin will carry them up.
Bitcoin is now the 10th largest asset in the world by market cap. See the link below.
wow, nice call on exiting at the top! if you sense a peak this time, please let us know!!!
my ethereum holding is much larger than my btc bag. i love it when btc drags eth upwards!
I wonder what the P/E is? or book value. /s
Demand, meet Supply.
Take a good look. Supply is going on a diet in April.
Same here and my Cardano has been doing well.
Once/if it gets over $60K i will start to watch it closely. I don’t buy Bitcoin directly, rather Bitcoin and crypto ETF’s
Just imagine what AI is going to do to Bitcoins when it finds it , counterfeit counterfeit counterfeit ,LOL
understood
Tell me you have no idea how blockchains works without telling me you don’t know how blockchains work.
Remember the Jim Cramer rule of investing:
Buy when the price is high.
Then when it crashes panic and sell low.
Lol.
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