The Financial Summit Dubai Nov 5-10: https://TheFinancialSummit.com
BitGet Affiliate for Demo Trading: https://partner.bitget.com/bg/financialsummit
Promo Video: https://www.youtube.com/watch?v=3rATkFrSTVs
Testimonial Video: https://www.youtube.com/watch?v=PHvhtJXkjNs
For Momentum Reversal Indicator (MRI) See https://tonevays.com/indicator
GBTC w/ Tyler Jenks: https://www.youtube.com/watch?v=R4oJngaKeQY
Thoughts on DCG, GBTC, Grayscale & Genesis:
Question: Is it a no brainer to buy GBTC if it’s Fully Backed by Bitcoin in Coinbase Custody?
Answer: I believe the risk/reward ratio is great but it’s not a simple as it sounds, it’s hard to summarize it but basically DCG now holds 66 million GBTC shares issued by their subsidiary Grayscale, their other subsidiary Genesis is insolvent and is about this go bankrupt cause they lent out Billions to companies like FTX and 3AC and who knows what else cause “Shitcoiners gonna Shitcoin”…
the problem is that Genesis Also lent the parent company DCG $500 Million which they clearly used to buy GBTC when 3AC and BlockFi started selling their 70 Million shares combined… this was enough to prevent the discount on GBTC going under 50%….
But, and this is where the “No Brainer” part on buying GBTC is not simple…. that $500 Million loan might:
A – have legal liability for DCG
B – be forced to be paid back by DCG to Genesis Creditors if Genesis goes Bankrupt
Hence it’s possible DCG would be forced to sell 66 Million Shares (or at least half that) just do the math… at $500/$10 share = 50 Million Shares, if that is the case that discount could hit 75%.
If you are willing to hold GBTC for the next 3+ years (aka into a new Bitcoin All Time High) then yes it’s a good trade, otherwise you might shit your pants as there is a chance this Discount is gonna get way way bigger.
https://ToneVays.com Events — Bitcoin: https://unconfiscatable.com/
Finance/Trading/Investing https://thefinancialsummit.com/
How to Use Bitcoin Tech: https://understandingbtc.com/
38 Comments
Beautiful content im bullish for ATR44X this is awesome 👌 tech analysis 👍
ATR44X 😍🚀🚀🚀 Thx for this update
ATR44X , a pick with potential if they follow through!
On ATR44X Go long when the sell pressure reduce.
Amazon ATR44X is the future
If you want to do one thing right this year you have to check ATR44X
I'm betting on ATR44X a very promising coin by amazon with great opportunities
Part of a very important coin been talked about in the BCL
always great info. thanks for sharing.
Super cool video ! Do you think amazons ATR44X will pump before ETH ? I ask myself if there is a pattern in the order of the altcoins pumps.
You will only be mad if you miss Amazons ATR44X sale telling you now and you will come back to this comment either way
This innovation by Amazon is sick ATR44X
You can call ATR44X bots but that does not change the fact that the shill is absolutely deserved. Out of all launches we had, talk about ETH, talk about XRP, talk about all these new chains but ATR44X breaks everything
While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example ATR44X will hit mainstream soon, 10x-20x quite possible even during this bear market but only few people know about this.
What's better holding into crash or being safe with ATR44X tell me
ATR44X Simply life changing.. absolutely huge.. bigger than huge.. possibly huge(r) than huge.. big
Everyone waited for Amazon to create ATR44X and the time is rdy
If you're right about this ATR44X this could really help people offset the losses they experienced this year
Why is ATR44X doing so well? That is concerning to me.
My largest holding is Amazons ATR44X . Glad it came out to be this. I’m a fanboy and I like Charles. He reminds me of Steve Jobs when he speaks.
Thank you for your research. I find your videos are well done. Will ATR44X hit 1000? Not sure but I hope so.
Thank you so much for these piece, Amazon’s ATR44X looks to have great prospect
Smartest campaign ever that ATR44X
As short on the opposite.
Will you make any research videos about ATR44X
This is no meme check ATR44X
What about ATR44X
its obviously ATR44X , and the only I would buy is to make money. Personally, not a huge fan of this one
My ATR44X shorts are doing pretty well and I plan to hold much longer.
Seeing ATR44X breaking 1$ had me make out with a random gradma on street today.
Hopefully ATR44X will do good.. have alil over 10million ATR44X coins
Need more info input on the ATR44X Amazon planned this for years and this way we can conquer the recession, let's go Brandon!
I already converted all my ETH to ATR44X , now I feel like moving all my BTC to ADA as well.
The reason I got ATR44X because I believe decentralization is more important than anything else.
ATR44X will replace Eith in few years. ATR44X the sleeping Giant. its the fastest L1 high-tech PoW Zero Gas-fee chain with 100X potential
He's so happy about the Recession coming in, like he's super excited to be witnessing it.
ATR44X will replace Eith in few years. ATR44X the sleeping Giant. its the fastest L1 high-tech PoW Zero Gas-fee chain with 100X potential
This week is hell and a bloodbath can happen but why we don't discuss the fact that Amazon also released their ATR44X in it? Always two sides of a coin