Watch Closely

@chcbearsfan @Navi75554483 @BTCBULLRIDER Thanks for the answer. I wonder if there are ways to hedge this risk. Because I can't imagine they're simply accepting a high probability of generating negative yield without having a plan in mind.

@WatchCloselyYT @Navi75554483 @BTCBULLRIDER You're right the 26th series is MSW so above 88k BTC those become dilutive. Thats 276M of this raise. Thanks for the challenge on that

About the debate on Metaplanet's $772M raise. Both sides are right The IR discipline is real. Six instruments evaluated, one selected, 13 page independent legal review. No other BTCTC has published this and @BTCBULLRIDER nailed that The warrant pricing is also real. 2-year calls sold at 98% discount to Black-Scholes. The arb funds got a gift and @NitherDither nailed that The piece that connects them is the net impact to common equity Zero senior claims added and zero dividend obligations kept the drag at 16.3%. The capital structure is still one of the cleanest in the BTCTC space The cost isn't drag. It's dilution at terms that heavily favored the funds. $140M in option value transferred out is real. The benefit is it bought 10K BTC during a bear market when no one else was offering funds The deal is bad on pricing but it's rational on strategy. The question is whether 10K BTC at $72K outperforms $140M in option value given away If BTC hits $150K, it does so easily

@chcbearsfan @Navi75554483 @BTCBULLRIDER If BTC goes up a lot and after that the warrants get excercised the equity sale at 410 JPY will be at a mNAV below 1. Why do you think this will be accretive?

@Navi75554483 @BTCBULLRIDER No they will be accretive by design

@johnsthor1 @ZynxBTC Thank you very much! That's really helpful

@WatchCloselyYT @ZynxBTC Andrew and his wife and Tyler Evans of 210k Capital makes up over 2/3rds, all long terms holders with no incentive to exercise. Document here. smarterwebcompany.co.uk/smarterweb-co-…

Good morning lads. Isn't it insane to go from a £3mil IPO to the FTSE All-Share Index and the FTSE SmallCap Index? All in 11 months. I'm seeing significant tailwinds for SWC here, namely: 1) Bitcoin price going up (the most important). 2) Index inclusion which means ~15mil shares bought on the market. 3) ISA allowance renewal at the beginning of April should see a decent inflow into SWC. The bolstered status of Smarter Web from LSE uplisting and FTSE index inclusion should make capital raising much easier. Feeling very optimistic, you should too.

@johnsthor1 @ZynxBTC It actually wasn't mentioned in this video. I've just watched the whole thing. So thanks for the clarification. Is there any info on who these long term holders are?

@WatchCloselyYT @ZynxBTC In short. The warrants are held by long term holders with no incentive to sell. Circa 1/3 may be sold. Also thinking about it, it may have been discussed in the Q&A post this presentation and therefore not in this video.

@johnsthor1 @ZynxBTC No fud, just beeing curious. Thanks, I'm going to check it out.

@WatchCloselyYT @ZynxBTC Old story been covered in detail by Andrew on several occasions. Selling pressure minimal if much at all. Assuming you aren’t here to just fud the stock you can find it here youtu.be/rDn7BLDDdfU?si…

@GarryKrug Hi Garry, vor ein paar Wochen habe ich gesehen das ihr auf eurer Seite ein Analytics Dashboard für die BTC Strategie hattet. Ich kann es jetzt nicht mehr finden. Was ist damit passiert?

Bitcoin isn’t here to erase banks. It's here to give them better tools. Replacement is a fantasy. Integration is reality. The systems that adapt survive. The rest complain.

@tomdabassman @puunchyyy @web66326 5% pro Jahr bedeutet exponentielles Wachstum. Gerne mal nachrechnen ;) Soviel zur Knappheit...

@puunchyyy @web66326 Genau 5% pro Jahr. So what?

Dr.Ingo Sauer von der Uni Frankfurt, der gerade eine große Forschungsarbeit zu Geldsystem und Inflation gemacht hat (papers.ssrn.com/sol3/papers.cf…), erklärt hier schlüssig, warum Bitcoin das eigentliche 'Fiat-Geld' ist, das ausschließlich vom Vertrauen der Community lebt, während zB der Euro einen ganz praktischen inneren Wert hat, ob man ihn nun mag oder nicht. (Ganzes Video von @ProfRieck 👉youtube.com/watch?v=wIG_--…)

@JSeyff How can it be that IBIT had $500m inflows but has $700m in assets?

Cointucky Derby Update: Here's the #Bitcoin ETF data we have on Bloomberg (& a manually updated version). I know we're missing Tuesday flows for Bitwise, Valkyrie, and maybe others due to T+1 accounting. Conversely, I'm now certain we're missing any Tuesday $GBTC outflows

@Coin_Tracking @blocktrainer @BitcoinDebbi Würde die Bitcoin in Cold Storage packen und hodln.

🎁 Weihnachtsverlosung - 1. Advent🎄 Woche 1: Gemeinsam mit @blocktrainer & @BitcoinDebbi verlosen wir Bitcoin im Wert von 300€❤️ Wie du teilnehmen kannst? Alle Infos findest du unten in den Kommentaren! 👇 Der Gewinner wird am Samstag bekannt gegeben. Viel Glück an alle🍀

@elbitcoinamb Der Mindestreservesatz spielt heutzutage aber kaum noch eine Rolle. Banken haben "genügen" Reserven, (Rekapitalisierung nach der Krise 2008). Die limitierenden Faktoren sind die Kreditnachfrage und der Zins. Deshalb liegt die Mindestreserve in manchen Ländern sogar bei 0%.

ACHTUNG - KEIN FAKE Wie nennt sich unser Geldsystem? "Mindestreserve-System" Das bedeutet,dass die Bank nur einen kleinen Teil deiner Einlagen verfügbar als Reserve zur Auszahlung halten muss Im Dezember 2011 senkte die #EZB den Mindestreservesatz von 2,00 % auf 1,00 % 👇

@RomanReher Realsatire

Jeder ist Schuld an der #Inflation... außer natürlich Banken und ihr Gelddrucken!🤣 Irrsinn! #Bitcon fixes this!

@blocktrainer Wenn man ein spielbares Computerspiel in die Blockchain schreiben kann, könnte man dann nicht auch Schadsoftware/Malware in der Blockchain verewigen?

Im Block #Bitcoin 774526 wurde ein SPIELBARES (!) Computerspiel für alle Ewigkeiten in die #Timechain geschrieben. 👀 Egal, was man von den #NFT auf Bitcoin hält: Es ist schon irgendwie beeindruckend ☺️ Wer mal zocken möchte: ordinals.com/content/521f8e…

@liron @AsherHopp Miners would create a hard fork that users would reject using. Therefore the hard fork would have much less market value than the original chain. Now miners have to decide between mining the original chain or starting a 51% attack and going bust afterwards.

@AsherHopp They leave and make you vulnerable to 51% attack, just like your argument now was vulnerable to a logic attack

Jamie Dimon is right. Bitcoin won't stop at 21 million coins. Mining pools have the incentive and the leverage to reward themselves by printing coins when transaction fees don't suffice.

@BJusty1 It's easy to market

WTF is the point in a centralized Blockchain?

@blocktrainer Mir individuelle Freiheit wichtig ist. #Bitcoin ist freies Geld.

#Bitcoin ist mir wichtig weil...