[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 67 KB, 800x748, E1DD0DA3-BF81-4A49-B41D-C9F25CFAD1B5.jpg [View same] [iqdb] [saucenao] [google]
11598859 No.11598859 [Reply] [Original]

https://www.coindesk.com/morgan-stanley-says-crypto-is-a-new-institutional-asset-class

>> No.11598882

What

>> No.11598888

>>11598882
pee pee poo poo

>> No.11598892
File: 5 KB, 232x162, E76D2D9FAD234121A6374BC49693C6CA.jpg [View same] [iqdb] [saucenao] [google]
11598892

it begins

>> No.11598899

Global recession or not, crypto will boom all the way through it. There’s no more room for quantitive easing - and governments are becoming more and more powerless year on year. See you at the prophecies of the Sovereign Individual.

>> No.11598901
File: 256 KB, 599x747, aaaf5e6046a849ad094b5d3f6bc08e6e.jpg [View same] [iqdb] [saucenao] [google]
11598901

>>11598859
>>11598882

I'll break it down for the dumb anons.

Does anyone have those calculations of how much bitcoin would be worth when Fidelity was announced their service? Something along the lines of if they put just 1% of their worth into it's going to explode.

Basically what this means they're now declaring crypto literally an "institutional asset class" that they will now start direct money towards.

>> No.11598917

>That being said, the researchers do not see all stablecoins surviving: only those "with the lowest transaction costs, highest liquidity and defined regulatory structure" are likely to see increased adoption.


so I guess the days of tether are numbered

>> No.11598924

>>11598888
Checked, based and, I must insist, redpilled

>> No.11598930
File: 38 KB, 617x507, 1532884215160.jpg [View same] [iqdb] [saucenao] [google]
11598930

>>11598859
10:30 am EST

>> No.11598936

Pump my bags already fucking boomers they are too heavy reeeeeeeee

>> No.11598950

>>11598859
no shit, anyone thats not an absolute brainlet knows were all still early adopters as long as we pick the several cryptos that arnt absolute shitcoins

>> No.11598952

>>11598859
why good news no longer affect market price? unless its bearish

>> No.11599028

>>11598888
>>11598924
We're all going to make it.

>> No.11599140

>>11599028
BUY PRL!

>> No.11599148

>>11598917
I just really hope DAI is it instead of some federal government stablecoin.

>> No.11599186

>>11598859
i have been telling people that btc will hit $100k as early as 2019 spring, but lately there was so much fud even my faith wavered. eventually it will be $1mil with or without institutional money only the timetable changes.

>> No.11599563
File: 488 KB, 500x250, 1541044711664.gif [View same] [iqdb] [saucenao] [google]
11599563

It's pathetic how we've been desperately waiting for institutions to pump our shitcoins since January but so far all we got were pump and dumps and shorts. Institutions won't save crypto. Adoption will.

>> No.11599684
File: 817 KB, 2626x2620, 1535415732299.jpg [View same] [iqdb] [saucenao] [google]
11599684

Normie traditional institutes still sound retarded when they post their opinions on the space and it's technology. Fucking simpletons.
I CANNOT wait for their shekels to come flowing into my pockets.

>> No.11599699

>>11599563

Based and redpilled.

>> No.11599719

noice

>> No.11599803

>>11599563
well institutional money is supposed to bring renewed hype and widespread adoption. so it bites into it's own tail.