patrick.net

Blackrock has entered the Bitcoin investment space

https://www.foxbusiness.com/markets/blackrock-to-add-bitcoin-as-eligible-investment-to-two-funds

"BlackRock Inc is adding bitcoin futures as an eligible investment to two funds, a company filing showed, in a move to bring the world of cryptocurrency to its clients."
"Chief Executive Officer Larry Fink had said at the Council of Foreign Relations in December that bitcoin is seeing big giant moves every day and could possibly evolve into a global market."

BTW, this is the worlds largest asset manager....Very, very bullish for crypto and Bitcoin

"BlackRock has joined the bitcoin business - the world's largest asset manager"

https://markets.businessinsider.com/currencies/news/blackrock-adds-bitcoin-futures-investing-opportunity-two-funds-cryptocurrency-2021-1-1029989282

A Bitcoin ETF might be coming soon

https://cointelegraph.com/news/the-race-is-on-yet-again-for-crypto-etfs-as-valkyrie-files-registration

"Multiple institutions are yet again lining up to offer crypto ETFs, but will the SEC overcome its historical reticence?"

"Options for traders include a Swiss Bitcoin ETP, a bevvy of Grayscale products that may be expanding to include Chainlink in the coming months, and an Ethereum ETF in Canada that proved so popular trading had to be halted in its debut."

A clear trend @Gold Bugs

WookieMan says

G36 says

Exactly. Their Fomo is so strong that they cant keep their emotions in check. They cant help themselves but troll Bitcoin threads because they cant get over the fact that they missed out. (after posting trash for years on BTC threads)

You haven't even been here 6 months. WTF are you talking about? If you troll other people, expect a response. Or just admit past usernames. Not a big deal. Go ahead and quote my "trash" from years ago even though you've been here 6 months. I'll wait.

Dude, chill out and quit wasting your time.

He/She's FanBoy/FanGirl.

S/he missed Collum's point. Probably did not watch the video. Collum's skepticism is that the crypto currencies could be outlawed.

So many fancy-pants think they outsmarted The System with money games. Like, hoarding gold in the runup to what happened in 1934. Or, like Jewish Industrialists investing in Hitler's rebuild of Germany. Etc.

The coercive power of the state will trump all (no pun intended). Why do you suppose the Swiss Banks have turned over their depositors' info to the sovereign governments of Germany and the US in recent years?

Don't waste your time with the FanBoy/FanGirl. All the points were already made.

B.A.C.A.H. says

Collum's skepticism is that the crypto currencies could be outlawed

@B.A.C.A.H.
We heard that for 10 years.

Ever wonder why only gold bugs make those comments? ROFL

But the opposite is happening. We have our first crypto bank in the US.
https://fortune.com/2021/01/13/cryptocurrency-bitcoin-visa-anchorage-federal-bank-charter/

"A startup called Anchorage announced on Wednesday that it has become the first cryptocurrency company to receive a federal charter from the Office of the Comptroller of the Currency."

Collum dont know shit about how hard it would be to outlaw BITCOIN, he is like the other old fucks that can't bridge such a critical
thinking gap. Not going to happen the gov has already figured that out, they have been beaten like a red headed stepchild and are
joining the club. Which that is what you do if you are WISE not continue spewing your loser ideas here lmfao...

Its hysterical....the only thing left for the gold bugs is.....praying that Bitcoin will be banned by all countries. ROFL

The US is doing the exact opposite. Regulate it and accept it as another asset class.

Why else would you create a federal chartered crypto bank and work on getting a crypto ETF approved?
poor gold bugs....

Cash says

Collum dont know shit

G36 says

Its hysterical....the only thing left for the gold bugs is.....praying that Bitcoin will be banned by all countries. ROFL

See what I mean, Wookie?

S/he's just trying to press your button. For fun and entertainment.

@B.A.C.A.H.

do you see any signs that the US is trying to "outlaw" Bitcoin? I didnt think so.....So you are disagreeing with Collum as well.

Did you miss the news?
We have our first crypto bank in the US.
https://fortune.com/2021/01/13/cryptocurrency-bitcoin-visa-anchorage-federal-bank-charter/

B.A.C.A.H. says

S/he's just trying to press your button. For fun and entertainment.

I haven't commented on this thread in almost 2 weeks now. It's a circle jerk. I've moved on.

I do know what is going on though. The funny part is they think I'm a gold bug. Intelligence is clearly lacking from some of the users in this post. I generally tend to not quit or give up, but I'm close. Not much more help can be given. lol.

Just don't pay attention to or feed the troll.

@Trolls, I would appreciate if you troll somewhere else. This thread is meant for Bitcoin and Crypto news. We are in ultra bullish times.

https://news.bitcoin.com/mad-money-jim-cramer-731m-powerball-jackpot-winner-bitcoin/

Even Jim Cramer likes Bitcoin now and advises to put 5% in it. Smart guy!

Listen to the trolls telling each other not to pay attention to the creator of this post why they step in their own troll shit while trolling you G
These old fucks are so fucking funny...

This is how out of touch they are OV put a pic up with the insinuation you could only buy a roll of toilet paper with 1 BTC
in 2020 talk about a shit wolf being so out of touch with reality.

I am starting to think that they are jealous and would love to buy Bitcoin but maybe some dont have a smart phone and others are overwhelmed when it comes to moving Bitcoin to a hardware wallet. "be your own bank" isnt something they really get.....they are used to standing in line to pick up their bi-weekly checks from the local bank for decades.

porkchopexpress says

Just don't pay attention to or feed the troll.

So are you talking about the real shit bird trolls or G36? Just seeing where you stand lol

BTW I am like 95% flat all crypto ATM I'll be sure to let you know when I get back in probably going to hit ETH real hard, quick and 2x my $$$ easy. All I have in this market now
is a stack of ADA I am staking with almost 300% gains.

Looks like Elon is buying Bitcoin

Even Dalio changed his mind and is now apparently thinkin' about it:
The cryptocurrency is “one hell of an invention.” "... I and my colleagues at Bridgewater are intently focusing on alternative storehold of wealth assets, and Bitcoin won't escape our scrutiny."

Yep, Bitcoin is another asset class in your portfolio. I would think it will take a huge percentage of physicals gold market share. Simply because it has so many advantages over physical gold. Its like comparing a landline to an Iphone 10. (physical gold is the landline).

Elon Musk getting bullish on Bitcoin

https://finance.yahoo.com/news/elon-musk-says-bitcoin-verge-081930173.html

Elon:

SAN FRANCISCO (Reuters) - Billionaire Elon Musk said on Monday bitcoin was "on the verge" of being more widely accepted among investors as he expressed his support for the cryptocurrency in a chat on social media app Clubhouse that drew thousands of listeners.

The comments followed his use of the "#bitcoin" tag on his Twitter profile on Friday

ETHEREUM IS BREAKING OUT! Over 1,500 now....it needs to run up and test 1.5k as support....as long as BTC plays along ETH will do well.

I'm debating whether to commit my ETH to staking in hopes of ETH 2.0 coming out. Thoughts?

I think you have to have 32ETH in order to stake. Whats the expected ROI on ETH staking?

5-17% lol wide range

On Kraken you don't need that much

can you stop staking ETH at anytime on kraken? If you are not locking up your ETH, I dont see a disadvantage in staking.

i am stoked ADA is over 40 cents and ETH at new ATH's.....exciting months ahead.

G36 says

Remember folks when I said back in December ETH will hit 700 bucks? Well, its at over 1,400 now!

https://www.cnbc.com/2021/01/19/bitcoin-ethereum-eth-cryptocurrency-nears-all-time-high.html

and now 1600! WoW. Lets go Ethereum! (aka ETH, ETHER or best thing since sliced bread)

Lol, you know what? I have an old bitcoin wallet I haven't looked at in years, and I still have 0.01 bitcoin!

That's $378!

OK, so I found this money, now what to do with it?

Patrick says

Lol, you know what? I have an old bitcoin wallet I haven't looked at in years, and I still have 0.01 bitcoin!

That's $378!

OK, so I found this money, now what to do with it?

Get your USD back quickly would be my advice and treat yourself to a nice dinner (if you can in your part of CA). Sad I have to add that caveat to the comment. Or a couple dinners or lunches. Small businesses need $$ or they're toast. Enjoy the found money and help the small guys, otherwise they'll be gone and you'll be eating a Chilis if you want to go out...

Patrick says

Lol, you know what? I have an old bitcoin wallet I haven't looked at in years, and I still have 0.01 bitcoin!

That's $378!

OK, so I found this money, now what to do with it?

@Patrick,
when did you buy Bitcoin? (year is good enough) & what wallet are you using? (is it a hardware wallet?)

What can be wrong with having some exposure to Bitcoin. I assume you dont need the money to pay your bills. Just dollar cost avg into BTC and increase the holdings.

Someone gave it to me in 2016 just as a demo. I think it was only a couple of dollars at the time.

nice percentage gain :)
keep it and add to it! If you would want to sell it, are you set up on an exchange? In order to exchange it to USD I recommend the Coinbase App.

No exchange. I have the Jaxx app.

I don't really need the money.

G36 says

In order to exchange it to USD I recommend the Coinbase App.

Yes. ID required. So much for anonymous.

Just dump it dude. Take the found money and enjoy it. You only live once. I guess if investing in spreadsheets sounds fun, go ahead. But sounds like misery and a waste of time to me and you already sound like the path you've chosen has done you well. I'd stick to it.

And this is why I fight in these threads. I hope to not see you go down the crypto path, I don't think you will, but this is why I fight all these comments. I don't joke when I've seen people lose everything because of this virus called crypto. They were talented day traders too prior to crypto being big. It's dangerous as fuck. I don't push anything else here beside maybe traveling. Not gold, not silver, not stocks, not crypto.

Be careful is all I'll say if you go down the rabbit hole.

Don't worry, I'm not about to make any big investment in Bitcoin.

I'm addicted to the stock market instead, and that has worked out pretty well.

Patrick says

No exchange. I have the Jaxx app.

I don't really need the money.

never heard of that one. Well, let it ride....Its a great store of value....a few bucks in 2016 turned into 370 bucks just 5 years later. Bitcoin is the best performing asset.

Patrick says

Don't worry, I'm not about to make any big investment in Bitcoin.

I'm addicted to the stock market instead, and that has worked out pretty well.

@Patrick, nice. I have a good junk of money in the stock market as well. But one cant afford to not have some exposure in Bitcoin and Ethereum.
Life changing money for those who invest in it! I recommend to have a few percentage points of your net worth in Bitcoin.

WookieMan says

It's dangerous as fuck

I dont think I have seen a bigger scaredy cat than sissy. She gets scared just by others holding BTC. That BSDS is no joke. Wonder if they have good meds for her.