Thursday, October 3, 2024

Put into perspective of how much FTX can contribute in this market

Customers from FTX will get back their investments into ftx in q4 2024, It will be up to 16B dollars! To put this into perspective I have other events and the dollar amount!

Bitcoin etf has had 18.3B in inflows!

Mt Gox was 8.8B

German government sell pressure!

All these event has caused massive spickes and dumps in Bitcoin but imagine only 50% of customers buy back into bitcoin(low number if you ask me). The market will have massive buying pressure that will cause fomo!
And remember that a bull market is really hard to stop once it starts!


The Hypothetical Situations genie offers you the chance to be 18 again.

This one's mainly for us oldies but you younguns can pitch in if you like-

The HS genie says you can be 18 again. There's 2 ways of doing this that you have to choose from

1) you're transported back to your 18th birthday. All your memories are intact (as much as they are now) so you've got future knowledge to leverage but the genie cautions you against trying to change the course of history. Events have their own momentum and trying to warn people about 911 before it happens (for example) will get you regarded as crazy before it happens, ad with deep suspicion afterwards. Some Very Angry people might want to know how you knew about it before hand and spending decades in a CIA black site with people that believe more in waterboarding than genies would be a waste of a second life. But become a Bitcoin billionaire if you want, that's fine.
2) You become 18 now. Your life and health carry on from this point as if you were born 18 years ago. The genie says that if you don't make a fuss people's brains will just gloss over how much younger you look but try to leverage it for fame and fortune and some Very Rich people with the level of morality that comes with becoming Very Rich might just become interested in your secret of immortality and the word vivisection may be involved.

Which do you choose and why?