GBT

brianddk

Most who aren't switching are staying put because of the capital gains tax. If you jumped in GBTC when bitcoin was $5k USD, switching now would be a crippling tax bill. I know there was a shares for BTC to avoid capital gains, but I think you needed millions in GBT to do that. IDK.

CUbuffGuy

T+1 settlement times. Also GBT-C injected tons of liquidity, and they can purchase OTC. So far no evidence of foul play. Not saying never. But def not day 1.

Crazyiiis

How much of this was written by chat GBT?

b1mm3rl1f3

“Other funds registered as securities already trading on the NASDAQ are ammending their prospectuses that they can now expose 15-50% of their AUM to Bitcoin, through the Spot Bitcoin ETFs. Here we see Advisors Preferred Trust (Filer) CIK: 0001556505 can now hold 15% AUM in Spot Bitcoin through @Grayscale $GBT. "The Fund may invest up to 15% of its total assets to indirectly gain exposure to Bitcoin, through shares of Grayscale® Bitcoin Trust, ProShares Bitcoin Strategy ETF, and Bitcoin futures contracts." 😳

edislucky

Chat GBT gave the first draft but I had to redo a lot of it as it's not good at poetry

CrewFluid9474

Sounds like mlm, it’s sounds shady. Anything where you have to get referrals is a red flag, trending terms all in one sentence- AI/Chat GBT/Stablecoins/ETH that’s another red flag. Use it if you think it’s ok, but I would absolutely be on my shit watching and paying attention. Do some research on trading bots/AI bots….it’s pretty clear they are not sustainable even if they “seem” to work in the beginning, just my opinion man but before you dump money into it, or invite people to get “hooked” up then maybe you should be more educating on what your saying and dealing with.

figlozzi

Bitcoin may have a quick spike when the ETFs are approved but then it will probably drop down and much of the way and follow the patterns it usually follows around the halving. There may even be a lot of people who sell their Bitcoin and buy the ETF. Most likely it won’t hit 100k until late 2024ish and keep moving up part of 2025 until it peaks. Right now people should be buying grayscale since it’s at a huge discount and if all the others get approved so will it and once it converts the gap will go to zero. Right now (close 8/7) GBT is at 19.16 per share but their BTC holdings are $26.26 per share. Because it’s a trust they can’t do what they need to do to close that gap. The market will when it converts.

Just1_More

These regurgitated Chat GBT posts are getting annoying.

unclepan

Maybe a job for Chat GBT?

HODL-THE-LINE

There are two rules in /r/cryptocurrency 1. You do not NOT make jokes about Solana being down all the time. 2. You don't post something from GBT-4, however good intended that might be. You broke both rules with your post.

Bucksaway03

Fuck chatGPT Yes, it's GPT not GBT

StrangeInsight

Maybe not a pause, but how about a discussion? This turing test we're working with is pretty old, and Chat GBT is doing stuff we never expected. We know it can get around Captcha by hiring people off fivvr, claiming to be blind, and that's when some people have it 40$. What is sentient. What's in this black box. What gateways should we place? We have asked no questions, and set no limitations. Can we please have an intelligent discussion about what we plan on doing with this?

redbullandranch

Ya, I'm a different person from who you starting debating. Avatars look the same. And this will be my last response to this thread, but keeping an open mind, everything you just said doesn't prove it one way or the other. It could have been ChatGBT v1.0 in the forums, GBT's keys, GBT's signatures. There's no actual identifiers that aren't anonomous and electronic. And Elon Musk wants to keep it that way ;)

Albertsongman

Chat GBT is an inevitability. Tech needed to make it human friendly is better done sooner than later

Knaeggebrott

There's a Bot going around on IG calling itself Crypto GBT, be on the lookout.

OpticallyMosache

Yes, chat GBT said that's exactly how the crypto forum users trade their crypto.

zzaann

GPT-4 is only available for the paid plan at the moment sadly, but I'm really curious to see how well it responds compared to the GBT-3 we all know by now. I heard it's an unbelievable improvement to an already crazy powerful tool.

oaktreebr

GBT - Generative Bullshit Text

62DoubleCab

Chat GBT goes to Mexico to get an operation.