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52-80

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Everything posted by 52-80

  1. IBIT and GBTC gives you legal ownership of a trust that owns pretty much exclusively bitcoin. Both issuers publish the net holding of the trust, so you can work out the market price vs underlying value. The premium/discount to the (“NAV”) value is pretty much zero, because any drift can be arbitraged away. That gap used to be larger to reflect various risks but since crypto got mainstream and easier to trade theres no more exploitable inefficiency in the trust.
  2. Now theres so many vehicles (=securities) with which to get indirect bitcoin exposure i dont think most people, outside of purists, care to get direct unitized bitcoin custodianship. like, you can just buy $50k worth mstr and $50k of gbtc and be satisfied and not need to get 1.0 bitcoins
  3. tom's really leaning into that running meme isn't he
  4. Wife uses hungarian paprika in sweet (edes) and hot (csipos) variants for stews and soups. The hot is not really hot though. I prefer spanish smoked Pimenton. Add a small dash of it on any protein I sautee, or mix it with flour when doing a light batter for anything. Gives off a nice hint of color and a dimension of flavor. Great example is on salmon where the smokiness offsets the fattiness.
  5. 340 in premarket open. insane. USD is also crushing EUR
  6. Alabama every November:
  7. between daylight savings time and flash power outages and unplugging things in and out, none of the appliances in my kitchen ever show the same time and it is intensely annoying
  8. Since when did Undertaker become so closely affiliated with UT/ UT sports? And why never anything with Owen Wilson... is he not interested his alma mater as much as McConaughey is?
  9. Yeap, tesla broke 300. Round numbers gang
  10. Quinn just has to continue using his great mobility to make his typical deep ball accuracy against our B12 opponents
  11. What a billionaire looks like:
  12. What people think a millionaire looks like: What a millionaire looks like:
  13. Its peak in 2021 was $64k, which is a $10k or in percentage terms also double-digit off what it is now. Not "exactly where it was". This is not quibbling over a decimal place. You've been factually wrong in 3 consecutive posts.
  14. it has to. VIX is getting absolutely demolished, which means it's risk-on for capital flows back into equities
  15. I'm sorry an 8x growth over the timeframe YOU specified is deemed to be insufficient. FYI "its peak in 2020" was $11,000.
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