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yaazer · 80w
Is this a legit concern? I have a decent stack of btc but I also have ETFs and mstr for my retirement plan. We can't put spot btc into our retirement funds in my country. What would the game theory...
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HaloKat @halokat
If they forked, they would simultaneously dump the good stuff to drive the price down as much as possible to make it seem like everyone is selling. All the weak hand idiots would fall for it. For us it would be the sale of the century. Best have some spare funds just in case it happens. ETFs would probably fall in line with their masters.
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yaazer · 80w
I keep a supply of fiat around for big dumps. So if I'm following the plot here.. IBIT would hard fork, dump their positions of Btc on the open market and anyone invested with them would suddenly own the equivalent of BBTC? I wonder if any ETFs would stay on the original.
david · 80w
🎯 BCH all over again But they (some of them) might be smart enough to know their plan to dump the real stuff won’t result in BBTC dominance. Probably, the BTC buyers will be their frens who know they’re getting a good deal.