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BlackRock's CEO turning 180 degrees on his past opinions on #Bitcoin ๐
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Bitcoin mining services company Luxor has just launched extended-duration contracts and faster liquidity options for the BTC mining market โ๏ธ๐
https://www.btctimes.com/news/luxor-technologies-introduces-six-month-bitcoin-mining-derivatives-contracts
https://www.btctimes.com/news/luxor-technologies-introduces-six-month-bitcoin-mining-derivatives-contracts
BTC Times
Luxor Technologies Introduces Six-Month Bitcoin Mining Derivatives Contracts
Bitcoin mining services provider Luxor Technologiesโ Derivatives Desk now includes derivatives contracts that last six months along with daily settlement rates, giving market players longer-term contracts and quicker access to liquidity.
This move is designedโฆ
This move is designedโฆ
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On Halloween in 2011, you could get 30 #Bitcoin for $100
Today, $100 gets you .0033 #Bitcoin
What do you think will happen in the next decade?
Today, $100 gets you .0033 #Bitcoin
What do you think will happen in the next decade?
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This is the kind of entertainment that would make me go to nightclubs ngl
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๐ฌ๐ง NEW: Bank of England Governor, Andrew Bailey, says Bitcoin has no intrinsic value.
"Bitcoin is highly volatile and has no intrinsic value. It is best treated as extremely speculative investment."
Yet #Bitcoin is a commodity.
Do you know what has no intrinsic value by definition? FIAT money.
"Bitcoin is highly volatile and has no intrinsic value. It is best treated as extremely speculative investment."
Yet #Bitcoin is a commodity.
Do you know what has no intrinsic value by definition? FIAT money.
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"From 1945 to 2022, the total amount of debt (public and private) in the US increased from $363 billion to $93,497 billion ($93.5 trillion).
That was a 7.5% annualized increase. And it was very smooth- there was only ever one time where it decreased slightly: 2009."
- Lyn Alden
#Bitcoin solves this.
That was a 7.5% annualized increase. And it was very smooth- there was only ever one time where it decreased slightly: 2009."
- Lyn Alden
#Bitcoin solves this.
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Exchanges with 20k #Bitcoin or less.
Luno = 1,898K (0.01%)
https://Gate .IO = 6,297K (0.032%)
Bitstamp = 11,960K (0.062%)
Bithumb = 10,415k (0.054%)
KuCoin = 14,612K (0.075%)
Poloniex = 17,510k (0.09%)
Huobi = 18,258k (0.094%)
Which one goes to 0 first?
Luno = 1,898K (0.01%)
https://Gate .IO = 6,297K (0.032%)
Bitstamp = 11,960K (0.062%)
Bithumb = 10,415k (0.054%)
KuCoin = 14,612K (0.075%)
Poloniex = 17,510k (0.09%)
Huobi = 18,258k (0.094%)
Which one goes to 0 first?
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Quick reminder to take your coins off of exchanges.
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