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/biz/ - Business & Finance

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10329808 No.10329808 [Reply] [Original]

This is where the institutional accumulation of Crypto begins. On ramps for institutional investors claiming that institutional investors have no interest in crypto. Watch this tone reverse as soon they are done accumulating and then praise Crypto to the masses for another boom/bust cycle.

>> No.10329825

biz bagholders are going to be in for a nasty surprise when they find out that these institutional investors aren't so easly fooled by chink and memecoins like link than they are.

>> No.10329833

>>10329825
This. Stupid NEETs and poorfag wagecucks think they're smarter than billionaires.

>> No.10329921

>>10329825
This.
Bitcoin is da only one that why spike up and lead the market.

>> No.10329989

>>10329921
its not necessarily just bitcoin, but there's a clear point at which you realize the only other people that will ever buy those shitcoins are other relatively poor late adopters looking to get rich, and every new shitcoin spreads their money out even thinner

>> No.10330002
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10330002

>>10329921
>>10329825

Yes, right now anyone's majority hold should be BTC. If not you are betting against the market with the hopes of your shitcoin being able to keep up with Bitcoins demand. Alts will be losing satoshi values for months but probably still gain $ value in the next run up. Institutional money will flow into safe havens during times of economical uncertainty. Doesn't mean billionaires will go all in BTC. But there are 2200+ billionaires and 2.3+ millionaires. Both rising in numbers. Even if just 5% of those people invest 2% of their assets into Bitcoin we will largely surpass previous ATH by several margins (do the math if you want).

SOME of those people will be shilled on inferior "storage of value" assets.
Majority will go into Bitcoin, sit back and not cash out for the next decade or so.

(I must sound full of shit).

>> No.10330011

>>10330002

2.2 million + millionaires*

>> No.10330038

>>10330002
the single most important point is that anyone that's rich enough to make any investments, knows by heart that 90-95%+ of all investments catastrophically fail. bitcoin is one of if not the only coin that isn't hampered by being entirely reliant on a development "team" or company to push it forward. ethereum is getting there, but is a world away still.

it means bitcoin is a safe bet if you think crypto as a whole isn't going anywhere, which itself is a relatively safe bet, while some random alt that had an ICO, has a "team", or a "roadmap" falls directly in that 90% rule.

>> No.10330361

>>10330038

correct. My bet here is that we'll see BTC way above 75% dominance very soon. And only way to get that is to drain market cap % from the rest. Satoshi winners will be very scarce in the months to come. Personally I am longing ETHUSD on margin. I think it will help me breach the gap next to a 50% BTC hold.

>> No.10330738
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10330738

>>10330002

Oh yeah definitely gotta buy that kikecoin that is intentionally not scaling. Totally going to the moon bro.

Or you could buy Bitcoin (BCH) and watch as it comes to dominate the market in 12-24 months.

>> No.10330762

fucking kek

you realise Blackrock are referring to REAL institutions

not shitty meme "crypto hedge funds" and outlying entities with piss all assets under management passing themselves off as "institutions"

>> No.10330765

>>10330762
this lol. I still think itll pump but we arent going parabolic for a while