@rektfencer If it happens again it will mean my nightly prayers have been answered and I’ll have to pinch myself to see if I’m dreaming after creaming my pants. U?
@NoLimitGains Yes but if you Dollar Cost Averaged & re-invested dividends thru this entire period & held for another 10 years not only would you have profited, you would have made inflation look like lunch money & would be up MASSIVELY. Get your money game up. High time preference loser.
@aleabitoreddit Why can’t people understand the simple fact that Blackrock holds virtually ZERO Bitcoin. They simply have the largest ETF which is purchased by clients and then custodied with Coinbase. Absolutely embarassing to list Blackrock as a large holder of Bitcoin.
@EricBalchunas@EdmondsonShaun Exactly lol. Appreciate all your content it’s great but it drive me nuts when you see people saying Blackrock is going to take all the bitcoin and take over the world !! Which I know wasn’t your intent here. But it confuses the lay person
@EricBalchunas@EdmondsonShaun Yes that still doesn’t really clear it up. Especially to the average mouth breathing troglodyte. And I know you know that
@EricBalchunas@EdmondsonShaun This is misleading and shows an elementary level understanding of what’s actually happening. Blackrock doesn’t hold the bitcoin. They hold it with Coinbase custody AND they hold it on behalf of their customers. So Blackrock is twice removed from holding that 700,000 bitcoin.
@EricBalchunas@EdmondsonShaun Blackrock OWNS only about 6 bitcoin. Yes SIX as in the number that comes after FIVE. Their collective clients own 700,000 Bitcoin which an argument can be made that they don’t even own that bitcoin because not your keys not your coins.