JoeCoffey on Nostr: Well I'm confused. After months of experts saying the etf approvals were going to ...
Well I'm confused. After months of experts saying the etf approvals were going to create massive green candles it seems that a record opening day of $4b actually pushed the price down. What happened to the multiplier effect x118? Do we now have a paper bitcoin problem? I know there were issues with vanguard etc and I know gbtc holders might have dumped but does that really explain this fizzer of a day?
In any case I was pleased to be able to buy some more at yesterday's prices, which I was not expecting to be able to do.
Published at
2024-01-12 05:19:20Event JSON
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"content": "Well I'm confused. After months of experts saying the etf approvals were going to create massive green candles it seems that a record opening day of $4b actually pushed the price down. What happened to the multiplier effect x118? Do we now have a paper bitcoin problem? I know there were issues with vanguard etc and I know gbtc holders might have dumped but does that really explain this fizzer of a day? \n\nIn any case I was pleased to be able to buy some more at yesterday's prices, which I was not expecting to be able to do. ",
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