stable-genius

The current Bitcoin chart (4Hr here) looks like a mini version of 2021.

According to the Bank Of England’s Inflation Calculator, UK inflation from Jan 2023 to October 2023 was 4.4% Ignoring any further inflation until next January, and assuming you’re fortunate enough to be a higher rate taxpayer, if you want to just keep up with inflation, you’ll need a 7.5% payrise (to compensate for that which you lose to tax and NI). You need more than that to actually get ahead.

WTF just happened on Binance? Bitcoin is trading $2K cheaper than on Coinbase — arbitrage opportunity?

Hypothesis: if Satoshi Nakamoto was one person in the first place, he’s dead, and has been since roughly when Hal Finney passed. Think about it — pretty much all the most serious Bitcoin aficionados actually use Bitcoin to live on as far as possible. Ya think the man who went to the bother of inventing better money wouldn’t want to use it? Why invent better money then stick with fiat? That wouldn’t make sense. Those coins are gone for good.

Anyone know why the Bitcoin price has (lately at least) been consistently higher on Binance than on Coinbase? CZ pumping or BA dumping? Huge arbitrage opportunity for someone with deep pockets. Someone with the means could buy 10K BTC on Coinbase, sell them on Binance and make $6M profit. In fact, anyone want to lend me $300M and I’ll repay with $3M interest a day later?