Posted on 11/11/2024 2:57:25 PM PST by Jumper
At 17:01 in the video, a historic moment is approaching on this late afternoon Veteran's Day in the world of finance.
Bitcoin (BTC) has a sort of trading desk or OVER THE COUNTER desk (OTC) where it bought and sold.
There is approximatley 70,000 BTC left on the exchanges.
In the next few weeks the SUCKING SOUND YOU'VE BEEN HEARING was not the collective cry of the DNC but rather it is acquisition scramble by the ETFs and Banks.
Once the OTC desk BTC is gone these companies will need to find it buy it. They will be scouring the Coinbase type exchanges looking for Bags (a Bag is a company or individuals account holdings). When this happens they will offering a premium of 15-20% per BTC.
Hang On Sloopy, and Snoopy Hang On. Do not sell it if you have it.
For the first time in over a year, BTC Miners are profitable across the board.
BTC is just behind Silver on the Asset Valuation List where Gold is number Uno.
If you think you want to get into the bitcoin market, there is a company I would consider as the only place to start - MicroStrategy and Michael Saylor; his company gives you perks of ownership and all the benefits of having security, and beneficiary transfer - a great way to ensure family wealth transfer into the future.
Today is historic day. It is also possibly the ending of an era where BTC exists at the OTCs and not in individuals accounts where the Major Players who depend on acquition will need to buy.
if there is no electricity on the planet, we won’t be using dollars, we will be trading food fishhooks and ammunition.
“ Hard to believe. Bitcoin is just an electronic measurement of value backed by absolutely nothing.”
How is Bitcoin different from Enron?
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