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/biz/ - Business & Finance

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11783531 No.11783531 [Reply] [Original]

BREAKING: ETF APPROVED! MOONSHOT CONFIRMED!

>> No.11783544

>>11783531
the sad truth is that we have many many fantastic news and the market simply do not care right now so i would hold my horses

>> No.11783553

>cheeseland
Who gives a shit

>> No.11783556

>>11783531
we need the fat ameriburgers to approve ETF

>> No.11783559

>>11783531
Link or sauce

>> No.11783564

https://coingape.com/switzerland-approves-first-crypto-exchange-traded-product/

>> No.11783576

>>11783531
no one cares. all the big money is in wall street/canary wharf. it has to be an ETF from UK or USA

>> No.11783593

BTC 50 %
XRP 25.4 %
ETH 16.7 %
btrash 5.2 %
LTC 3 %

>> No.11783612

News like this does nothing. Reason being is, just because you have an ETF does not mean money will flow in. Actually, it’s bad because it allows the whales who are here to offload bigger bags onto people and not use coinbase. It’s fucking terrible news. We don’t want money to be able to leave the market. Look what it was like from 20K down to 5500... imagine the etf from 5500 to 2000, It’s just more ways for those in to sell. We are fucked. I know people are saying 3K, but I truly believe we’ll see 2K

>> No.11783613

>>11783531
HOLY SHIT, LOOK AT THE GREEN CANDLE THIS NEWS JUST PRODUCED. BAKKT WILL HAVE A SIMILAR EFFECT, NO DOUBT!

>> No.11783614

>>11783553
are you retarded

>> No.11783621

>>11783576
surely you don't believe the big boys on the street are going to pass on this thing by letting the swiss kaesekoepfe rake in all the action for themselves.

>> No.11783653

>>11783593
TFW BCH (whose people are currently in a war) has higher percentage than a chink scam coin called LTC

>> No.11783671

>>11783531
>Switzerland
literally who?

>> No.11783690

>>11783621
no one is going to be buying this etf anyway you retard. even if one gets approved in the UK/US, it will have minimal effect.

please tell me why anyone would buy into an etf when there are already tonnes of fiat onramps already.

And before you say "muh institutions" - institutions buy otc. they get a better deal that way.

>> No.11783696

>>11783593
>XRP 25.4 %
kek

>> No.11783709

>>11783671
Don't disrespect my future home.

Abandoning this non-white hellhole America soon.

>> No.11783732

>>11783690
>being this much of a brainlet

same reason why everybody doesn't just buy physical gold or oil, yet billions are daily traded in derivatives.

lurk more, read a book, get a brain. Or just KYS and be done with it.

>> No.11783744

>>11783709
dont come here
we already have enough uncultured swines

>> No.11783746 [DELETED] 
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11783746

>>11783531
Here we go lads.

>> No.11783747

>>11783531
JNT baby

>> No.11783752

>>11783671
just the country internationally known for its banking system. Nothing special to see here

>> No.11783753

>>11783746
Tattoos, fucking disgusting

>> No.11783787
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11783787

>>11783671

>> No.11783795

>>11783671
never change biz

>> No.11783796

this won't do shit
switzerland is a financial larp
they bought fucking ripple LOL jesus fucking christ

>> No.11783806

>>11783796
>switzerland is a financial larp

What did he mean by this?

>> No.11783812

>>11783553
Just lol

>> No.11783824

>>11783796
stay poor

>> No.11783973

>>11783593
>XRP, bcash, LTC
>not XMR
Even the swiss are fucking clueless about cryptoCURRENCY.
All they see is market cap.
The absolute state of 2018.

>> No.11783999

>>11783593
>ETH 16.7 %
>btrash 5.2 %
>LTC 3 %

>> No.11784000

XRP is actually 30%, KEK

https://www.mvis-indices.com/indices/digital-assets/amun-crypto-basket/components

>> No.11784024
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11784024

>>11784000
>https://www.mvis-indices.com/indices/digital-assets/amun-crypto-basket/components

>bitcoin cash abc

fake satoshi BTFO HAHAHAHAHAHAHAHAHA

>> No.11784142
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11784142

>>11784024

>> No.11784308

>>11783544
Fuck off pajeet u caused this faggot

>> No.11784313
File: 1.88 MB, 300x296, 1540311468589.gif [View same] [iqdb] [saucenao] [google]
11784313

>>11783531
>MOONSHOT CONFIRMED!

>> No.11784343
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11784343

>>11783553

>yfw

>> No.11784354

>>11783796

I think Switzerland also has one of the highest concentrations of Bitcoin ATMs per capita in the world.

>> No.11784356

>>11783612
Shhhhh... you disturb the good flow about the message...

>> No.11784388

>>11783593
Mountain jews giving the most beneficial exposure-to-market cap ratio to jew coin wannabe crypt xrp. Figures

>> No.11784394

>>11783796
Bankers are interested in bankercoin. What a surprise. XRP fuders are never going to make it.

>> No.11784406

hahaha they bundle ripple and etherium with btc. that's like wrapping gold in shit and making etf for it.

>> No.11784542

>>11784406
True, they should have just listed XRP. It's the best performer and has the brightest future out of both BTC and ETH.

>> No.11784568
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11784568

>>11783553
>Underestimating the Gnomes of Zürich
I hope this is b8

>>11783559
https://www.ft.com/content/217f71a5-34fe-39ff-9e2d-fd708074602a

>> No.11784599

>>11783576
All the money is in Swiss actually lol

>> No.11784608

>>11783709
I dont think they want any amerimutts

>> No.11784614

>>11783732
wtf are you talking about. derivatives do little to add value to the underlying asset. Silver has a market cap of $20 billion yet the derivatives traded on it are worth $2 trillion.

>> No.11784620

>>11784542
This

>> No.11784624

institutional investors/private family funds don't actually want to invest in anything other than bitcoin right now anyway, so when you create an ETF that is based on the (very incorrect) market cap ratios of the top X coins (of which the top 10 has >6 100% shitcoins) you're wasting your time.

>> No.11784654

The problem is boomers just aren't interested in bitcoin or crypto in general the ETF won't change that. Most of them think like Buffett, if it's purely digital it's like it doesn't even really exist to them. The concept is too abstract for old people and it's not going to change.

>> No.11784711
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11784711

>>11783556
You mean the wallstreet jews?

>> No.11784750

>>11783752
Known for its less than strict banking regulations.
And for holding jew gold for the nazis

>> No.11784942
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11784942

>>11784568
>Gnomes of Zürich
lost

>> No.11784975

>>11784654
Boy you are retarded aren't you?

We did an ICO for accredited investors only and raised 40mm+ on a token that was booked for boomers only.

Boomers are willing to invest, as long as they're getting their gains.

>> No.11784979

we got played like a damn fiddle

>> No.11784987

>>11783576
every hook nosed kike with a swiss cheese bank account.

>> No.11784994

If 5-9 more ETFs get approved we are all going to lamboland. Especially the Link niggers

>> No.11785001

>>11783531
HOLY FUCKING SHIT
HOW DO I INVEST INTO IT?

>> No.11785200
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11785200

>>11783553
Anyone with real money has a European account.

>> No.11785253
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11785253

Switzerlabd is the cryptonation #1 most start ups are in zug. Its the crypto sillicon valley.

>> No.11785260

>>11783531
Unironically bullish.

Look into SIX lads, you should have an eye on what's coming.

>> No.11785284

GUYS A GREEN CANDLE JUST FLEW OVER MY HOUSE

>> No.11785317

>>11783593
>btrash
dumb redditor detected.

>> No.11785325
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11785325

>>11785284
>SIX

>> No.11785354

>>11783531
>mountain jews

Not surprised.

>> No.11785836
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11785836

>>11784614
>There will only ever be 21 million pounds of silver

>> No.11786537

>>11783824
as long as I'm hodling I will

>> No.11787653

>>11783531
liquidity is good people if you want a tech bubble like 2000

if institutional money doesn't put out feelers we won't get anywhere. First they buy basic shit like BTC and in 5 years time you're gonna Goldman Sachs running ICOs