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Bitcoin ETFs not approved. SEC Twitter account got hacked.twitter.com/GaryGensler/status/1744833049064288387
4037 sats \ 42 comments \ @luffy 9 Jan 2024 bitcoin
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765 sats \ 1 reply \ @luffy OP 9 Jan 2024
Careful what you read on the internet. The best source of information about the SEC is the SEC.
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0 sats \ 0 replies \ @badabing 10 Jan 2024
Priceless.
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626 sats \ 2 replies \ @jgbtc 9 Jan 2024
How do we know those are actually Gary's words and not the hackers?
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10 sats \ 1 reply \ @ek 10 Jan 2024
Nice, someone who thinks like me
I think the answer is we don't
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10 sats \ 0 replies \ @WeAreAllSatoshi 10 Jan 2024
How do we know anything on X is genuine and authentic? Was it signed?
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332 sats \ 3 replies \ @luffy OP 9 Jan 2024
This shit feels so rigged.
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0 sats \ 0 replies \ @justanumber 9 Jan 2024 freebie
I agree
44 sats \ 1 reply \ @Eobard 9 Jan 2024
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0 sats \ 0 replies \ @WeAreAllSatoshi 10 Jan 2024
Seems legit to me /s
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33 sats \ 5 replies \ @siggy47 9 Jan 2024
This is great if it's true!
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283 sats \ 4 replies \ @carlosfandango 9 Jan 2024
Those hackers do have a sense of humour after all, or did they bet on a price spike…
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851 sats \ 3 replies \ @orthwyrm 9 Jan 2024
Someone should sue the SEC for market manipulation.
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50 sats \ 2 replies \ @quark 9 Jan 2024
it seems we need a SEC2 to regulate the SEC. LOL what if it was really a manipulation? I can't believe it was some hacker having some fun.
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1 sat \ 0 replies \ @orthwyrm 9 Jan 2024 freebie
They got back control of the account awfully quickly if it were indeed hacked.
0 sats \ 0 replies \ @KesterBils 9 Jan 2024
It's definitely a manipulation.
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161 sats \ 0 replies \ @orthwyrm 9 Jan 2024
https://m.stacker.news/11500
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45 sats \ 1 reply \ @zapomatic 9 Jan 2024
just Gary testing the market reaction.
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0 sats \ 0 replies \ @SpaceHodler 10 Jan 2024
He just did a little extra trade on insider news to earn more sats.
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10 sats \ 2 replies \ @IgnaciobTato 10 Jan 2024
Something really odd happened. The price of bitcoin fall before Gary Gensler post about the hack. In fact the price recovered after his post tille there is a second regain and post about the hack.
Seems to be that there was inside information but not well coordinated to wait to some posts.
I guess that this must be investigated. Who won?
  1. The guy that bought and sold on top.
  2. The SEC because now they will wait for Q2 for the approval.
Who lost? The people.
https://m.stacker.news/11518
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54 sats \ 0 replies \ @SimpleStacker 10 Jan 2024
Can't lose if you don't play
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3 sats \ 0 replies \ @tomlaies 10 Jan 2024
Something really odd happened. The price of bitcoin fall before Gary Gensler post about the hack.
This isn't odd. It makes 100% sense.
The hacker knew what he was doing and traded btc, probably with leverage. Large trades move exchange rates.
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28 sats \ 1 reply \ @Atreus 10 Jan 2024
I liked it better when we were at 16K
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0 sats \ 0 replies \ @Bitcoinisawesome 10 Jan 2024
Cheap sats, 1svb, no etf. <3
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10 sats \ 0 replies \ @TwoLargePizzas 10 Jan 2024
They got hacked is almost certainly a lie. So what really happened? Intentional market manipulation? Maybe, but that might be a little too obvious.
My speculation so far...
  1. Someone did approve the ETF and the tweet went out.
  2. Then someone else with higher authority reneged on the approval.
  3. Caught with their pants down they lied about the hack.
Still, any explanation is pretty wild to think about. None of these things look good for the SEC and it certainly reinforces clown world 🤡
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21 sats \ 0 replies \ @KesterBils 9 Jan 2024
I don't think this is a hack, I believe it's manipulation at its highest order and we should expect more of that once an ETF is approved.
Hodling and DCA is bae.
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100 sats \ 0 replies \ @nitter 9 Jan 2024
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21 sats \ 0 replies \ @bitcoin_rationalist 10 Jan 2024
https://m.stacker.news/11515
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2 sats \ 3 replies \ @quark 9 Jan 2024
hacked? this feels so strange. They may have to prove it was hacked. it smells very suspicious.
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10 sats \ 1 reply \ @freetx 9 Jan 2024
most large firms use various social media services to schedule and post messages....perhaps someone set the schedule wrong? Tues at 4pm instead of Weds at 4pm....?
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0 sats \ 0 replies \ @edulopesf 10 Jan 2024
Exactly
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0 sats \ 0 replies \ @KesterBils 9 Jan 2024
It smells suspicious because it is. This is manipulation at its peak
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0 sats \ 0 replies \ @Ge 10 Jan 2024
What do we really think will happen I think it won't get approved anytime soon just too much work for them to do... eventually will it yes in an attempt to regulate it and also price manipulation as it did with gold and silver... end of the day etfs are for lazy people who don't dyor why would a person by paper gold, silver,s&p 500, bitcoin over the real thing..
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0 sats \ 0 replies \ @dave9000 10 Jan 2024
Does anyone actually believe that it was hacked? Come on...
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0 sats \ 0 replies \ @piecoverBTC 10 Jan 2024
I hope so
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0 sats \ 0 replies \ @TheBTCManual 10 Jan 2024
Lol bears and bulls got rekt on an SEC tweet and a 10 minute candle, you just gotta love it
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0 sats \ 0 replies \ @hasherstacker 10 Jan 2024 freebie
Financial Services Committee be like ⬇️ https://fxtwitter.com/MichaelRoerade/status/1744885976030122285
0 sats \ 0 replies \ @Entrep 10 Jan 2024
This is madness and SEC should be held responsible
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0 sats \ 0 replies \ @kepford 10 Jan 2024
This spectacle almost makes the ETF hype worth it. Imagine being someone that takes these clowns serious.
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0 sats \ 0 replies \ @geeknik 10 Jan 2024
The 33rd chair of the SEC sez...
https://m.stacker.news/11519
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0 sats \ 0 replies \ @OT 9 Jan 2024
Nice fake out!
Was that a "sell the news" dump?
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0 sats \ 0 replies \ @OneOneSeven 9 Jan 2024
Yes, keep the dip going!
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0 sats \ 0 replies \ @03bebce944 10 Jan 2024
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