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parachutes₿
parachutesbtc@getalby.com
npub1n9mr...6jup
I’m just a guy that’s somewhere on the timechain of the Apex Predator of hard money 🔸 my focus: stack, self-custody, hodl, meme, educate 🔸 follow along!
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parachutesBTC 8 months ago
April 20th 2025, was the date in which the first “future” mission in the campaign for Call of Duty: Black Ops ll was set, a game whose plot contains U.S. military operations against extremist militant groups in Yemen, the rise of AI and drone warfare, as well as a cold war between the United States and China which eventually leads the Chinese to halt the export of rare earth metals. Sound familiar? image
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parachutesBTC 8 months ago
We are living through a GLOBAL ECONOMIC REORDERING. Why would you be invested in company stocks whose value is dependent on performance and earnings? Instead, choose SCARCE RESERVE ASSETS. Fiat will be printed. Debt will be devalued. Bitcoin & Gold will soar northward. image
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parachutesBTC 9 months ago
WHAT IS AN OTC DESK? WHO ARE THEY? Are they manipulating Bitcoins price? Institutional investors, hedge funds, large investors, high net worth individuals, pensions, etc use them to buy/sell large quantities of assets, such as Bitcoin (think ‘1,000 BTC’, ‘$100 million’ buy/sells +). Why do they use them? — They typically use an Over-The-Counter ‘OTC’ Desk to make large purchases when using an exchange or brokerage is not possible due to lack of available assets to trade, or when a trade of the size they want to make would have an impact on the assets market price during their purchase. Another reason — Using an OTC Desk also enables the large purchase without alerting the market openly through the order books as to the traders intentions. AKA it offers ‘transactional privacy.’ • OTC Desks are matchmakers for buyers with sellers (acting as a ‘dealer’). • OTC Desk trades can be crypto-to-crypto or fiat-to-crypto, etc. • OTC Desks make money off of the ‘spread’ (the difference between the price they obtain and sell the asset at, or v.v.) • Some OTC Desks handle $1,000,000,000 in trades DAILY! • OTC Desks are not typically involved in methods of price manipulation. The OTC Desks make money off spreads, and sometimes they may take a loss when facilitating a trade. Periods of high OTC Desk usage/actions (think MSTR buying a billion bucks!) can often keep the price in a range, stabilizing the price. There’s a lot going on behind the scenes, but the goal of an OTC Desk is to make a small profit off being a dealer between parties. • You can use an OTC desk too! However, if you’re just buying a few hundred or few thousand dollars here and there, it’s often easier to just buy on an exchange or brokerage. Also, some OTC Desks have minimums they do business at, such as $100,000 or $1,000,000 trade minimums). What are some examples of commonly used Bitcoin OTC Desks? - Binance OTC (@binance) - Kraken OTC (@krakenpro) - Coinbase Prime OTC (@CoinbaseInsto) - Gemini OTC (@Gemini) - Galaxy Digital Services OTC (@GalaxyDigital) - Strike Private OTC (@Strike) - River Private Client (@River) - SFOX (@SFox) - Octagon Strategy (@OctagonStrategy) - Genesis Trading (@GenesisTrading) - Circle (@circle) - itBit OTC (@itBit) - B2C2 - XBTO (@xbtogroup) - there are many, many more DID YOU LEARN SOMETHING 🆕? Drop a like 👍 or repost 🔁 image
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parachutesBTC 9 months ago
TRUMP UNVEILS BITCOIN WHITE-PAPER HANGING IN OVAL OFFICE? Blatantly false. OP was a joke 😂 There’s about a dozen large, “influential” Bitcoin accounts on here that legit posted this thinking it was real. The inability to spot a cheap edit by many people is embarrassing.
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parachutesBTC 9 months ago
Kevin O’Leary encourages you to custody your Bitcoin on centralized exchanges — like Coinbase — because it’s “safer” and “can’t be hacked”. Remind me to never start listening to him, nor to ever listen to him.
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parachutesBTC 9 months ago
I talk about bitcoin so much that this is how people respond to me: image
He interrupts him on CNBC and his words don’t even make any sense. Should we just Buy Bitcoin?
“Y’all want 5 free Bitcoins?” 500,000,000 sats from the faucet. Gavin Andresen’s website “Free Bitcoins” allowed contributors to send some of their mined Bitcoin to an address (15VjRaDX9zpbA8LVnbrCAFzrVzN7ixHNsC) from which website visitors could take 5 Bitcoin for free. When the site was live, 1 BTC ranged from pennies to $5. Why give away free Bitcoins? “What's the catch? No catch-- I want Bitcoin to be successful, so I created this little service to give you a few coins to start with.” -- gavin See the site yourself via the Wayback Machine: See the sites Bitcoin address history here: image
🟧🟧🟧 🟧🟧🟧 🟧 🟧 🟧 🟧 🟧 🟧 🟧🟧🟧 🟧🟧🟧 🟧🟧 🟧 🟧 🟧 🟧 🟧 🟧 🟧🟧🟧 🟧🟧🟧 🟧 🟧 66,000 green pieces of paper backed by nothing and printed on a whim for 1 BTC
You’re seated on an airplane next to @saylor and you want to ask him a question he hasn’t heard a million times already… What are you asking? image
The Secrets of the Federal Reserve: secret meetings of international bankers at Jekyll Island, Georgia between 1907-1910, at which place the Federal Reserve Act of 1913 was written. In this forthcoming series of posts, you will see the Rothschild connection, the London connection, the Hitler connection, the World War I connection, and more! image