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/biz/ - Business & Finance


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55360706 No.55360706 [Reply] [Original]

> Deutsche Bank is reportedly setting up a crypto trading desk.
> Fidelity is launching a crypto ETF.
> BlackRock going for BTC spot ETF .
> Goldman Sachs is offering crypto custody services.
> Everything happening after recent regulatory crackdowns.

>> No.55360719

We let them pump and then we dump our bags on them. Perfect.

>> No.55360760

>>55360719
it's usually the opposite

>> No.55360775

>>55360760
But I accumulated at rock bottom prices

>> No.55360815

They simply can't stand still while regular people have the slight chance of amassing generational wealth via shitcoins. So those crackdowns will continue, and eventually crypto and tradfi will be just one single thing. We are trapped.

>> No.55360961

>>55360706
Nice welcome? These fags are about to come suck the life out of the crypto industry. We are better resisting them and letting the industry evolve at its own pace.

>> No.55361261

>>55360719
You think they don't know this is your plan?

>> No.55361366

>>55361261
How about we tell 'em to earn some trust from the market and probably leverage on Defi platforms that are already trying to onboard institutions into the space? That's a better route than badgering in.

>> No.55361466

>>55360961
>We are better resisting them and letting the industry evolve at its own pace.

What do you even mean by evolve at its own pace? The industry needs this institutional players for the sake of adoption but clowns like you won't know this.

>> No.55361513

>>55360815
>We are trapped.
No! You're trapped if you want to let them trap you.

>>55360961
How's that gonna happen?

>> No.55361540

>>55361466
Yeah we need institutional players but they shouldn't be joining the game to exert more control over a market we've been trying so hard to keep decentralized.

>> No.55361542

>>55361466
You're retarded. Institutional adoption would result in perma crabbing for eternity. Do you think banks just buy and hodl bags to the moon dipshit? That's (you)r plebbit retail randy strategy

>> No.55362454

>>55360815
DeFi will always be a thing and if you choose to fuck with centralised entities then that's your fucking cross to carry.

>> No.55362998

>>55360706
This was always bound to happen, while this may lead to increased regulations and oversight which i am sure we all don't want, but on the brighter side it's also a sign that cryptocurrencies have become too significant to ignore.

>> No.55363052

>>55360706
>normies will pump by bags
more like
>we will never see x100 again due to market exposure

>> No.55363053

>>55361542
The more traditional finance institutions get involved in crypto, the more mainstream it becomes. Embrace the change and stop being thinking like someone drunk on spilled milk.

>> No.55363071

>>55362454
Defi will always be a thing, yes! But Defi needs to up its game at this point and aligning with these institutional players doesn't seem like a bad move at this point. They just need to do it the Defi way and we'll be good.

>> No.55363099

>>55363053
It will happen faster in EU countries than everywhere else. Since MiCa came to light, the MiCa compliant Defi platforms have taken advantage of that to poach and onboard the big players. It might be a slow process but definitely worth it in the end.

>> No.55363461

>>55363099
Do you know any? I don't think I have seen any.

>> No.55363464

>>55360706
This will be the biggest bullrun in history, and I think it might be the last

>> No.55363801

>>55360706
Once institutions are truly in, it'll be all over.
Next bull run is 1000% the last one.

>> No.55363858

>>55363099
The UK is bringing their regulation so let's watch out.

>> No.55363907

They are going to try and price out the whales. Good luck.

>> No.55364520

>>55360706
It's obvious that they are trying to take over CEXes and control everything but with middlewares, DEXes, and yield protocols, I think we should still be able to maintain self custody

>> No.55364606

>>55360775
I did the same for some of the alts that I'm holding like SPOOL, RIO and RDNR and i'm in profit on all

>> No.55364644

>>55363801
This. They are going to tame bitcoin and try to regulate anything they can't. This is most likely the last crypto bullrun and I think it will be weaker than the ones before it.

>> No.55364765

>>55363461
SpoolFi has had meetings with Solaris bank, Unlimitcom, Tap Fintech and some other TradFi institutions. Definitely a step in the right direction.

>> No.55364774

>>55361513
That's it, it's those that have their money on exchanges that are trapped.
I'm holding majorly BTC which is on cold wallet and my stables are staked through a smart vault on a yield aggregator.

>> No.55364777

>>55360706
do whatever you want. these are permissionless networks and they don't need anyone's blessing to use them

>> No.55364840

>>55360706
575-1 approval rating
https://www.youtube.com/watch?v=ufcHJeeypzY

>> No.55364882

>>55364644
Seeing all the big players that are joining, it's going to be the biggest bullrun and I think DeFi will still remain DeFi just that we might see some institutional grade features on some of them

>> No.55364985

>>55363858
The UK has always been quite conservative with their dealings in the financial sector; let's see how it goes anyways. I think the first step might be to get a GBP backed stable coin in order to attract more UK crypto users. In other places, most people see USD backed stables as safe haven; even those who don't want to get into alts can decide to leverage these stables for yields on Defi protocols which is still a win for crypto.

>> No.55365062

>>55362998
Stablecoins are now recognized in the UK as a currency, but I don't see myself ever keeping my stables on CEXes when there are DeFi platforms like beefyfinance, SpoolFi. and others where I will have self custody and also earn passive income

>> No.55365097

how about we switch it dump all crypto and start accumulating some other shit we create out of thin air Id like to see the look on their faces then

>> No.55365199

>>55364765
If they can pull this off and offer their services to all these institutions then the project would be great

>> No.55365211

>>55365062
Which pools do you normally use on SpoolFi anon? Have been meaning to enter DeFi but haven't taken the time yet. Any advice is appreciated.

>> No.55365380

>>55365211
Don't take financial advice from anyone here, do your own research and select your own strategy that you want in your smart vault.

>> No.55365405

>>55365380
already on it, but doesn't harm to hear other's opinions once in a while

>> No.55365613

>>55363071
We have some DeFi projects that are working on institutional grade features and I think with features like LSDs and vault tokenization more institutions should jump on DeFi

>> No.55365626

>jews trying to take over crypto
Can't let goyim get rich you know.

>> No.55365637

>>55360815
>one single thing
Shitcoiner this is not for you, Bitcoin is the only thing that ever needed to exist.

>> No.55365646

>>55365637
>maxi
you're creaming yourself over tradfi, gtfo

>> No.55365687

>>55365646
You're literally from telegram and you only come here to shill scams, you are the problem with 'crypto' as are your non-crypto shitcoin copy and pastes created by sanjay.

>> No.55366104

>>55364520
>I think we should still be able to maintain self custody

In light of regulations, i wonder what self-custody would look like as regulations would probably mandate everyone to do KYC before accessing self-custody platforms.

>> No.55366292

>>55364644
>They are going to tame bitcoin and try to regulate anything they can't.

They can only try and it's quite certain they will fail cause this industry is self -sufficient.

>> No.55366361

>>55365199
The project is already great(evidenced by their resounding success with V1); this will make it greater and probably top 3 of Defi protocols.

>> No.55366379

>>55365613
Institutions will come into a space that's well planned and organized. Having proper smart vault guards with the gating features favoring institutions is definitely a plus and a nice incentive.

>> No.55366455

>>55364606
They should be LSDFi or AI else count me out. PendleFi has been remarkable we might see it in upcoming aggregators like SpoolFi and Y2kFinance.

>> No.55366532

>>55360706
I still don't trust traditional payment methods, not even PayPal

>> No.55366817
File: 1.08 MB, 650x512, 1671312598631112.gif [View same] [iqdb] [saucenao] [google]
55366817

>>55360775
Fuck tradfi, we don't need them

>> No.55366885

>>55366817
They are coming in and that is why we have the crypto space all heated up now. They need open hands.

>> No.55366909
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55366909

>>55366817
bigger. Building isn't up to code. Your under arrest.

>> No.55366929

>>55366532
There are better alternatives, I pay through xMoney

>> No.55366940

>>55364985
They want to become a hub for crypto. They will do more than just pass clear regulations.
They should be welcoming. Compliance will be easy. There are different compliance models now.
spool V2 is adding guards and institutions can use it to comply with regulations and decentralization will not be lost.

>> No.55367054

>>55366817
Without them, crypto can scale up
>>55366929
BASED

>> No.55367107

>>55361261
do they we don't know theirs? kek

>> No.55367118

>>55361540
we just wanted to trade

>> No.55367123

>>55363053
>being drunk on spilled milk
???

>> No.55367136

>>55363801
either this run is going to be the biggest mania in the history of investing or it won't even make craigslist news. There is no in-between

>> No.55367175

>>55366104
KYC? newfag here.

>> No.55367183

>>55367136
Not craiglist news. The etfs are all going to be rejected because the market is an illiquid manipulated scam, and the sec is aware. Didn't reject van eck for 5 years straight for fun

>> No.55367266
File: 284 KB, 780x928, home.jpg [View same] [iqdb] [saucenao] [google]
55367266

>>55366909
A tent isn't a building. There's nothing stopping you from buying a few acres of land for cheap and camping on your own land to save money. There's no way people would find out if you keep it to yourself.
You can also camp on BLM land for free.

>> No.55367397

>>55366929
I heard it now accepts payment in fiat too, not bad

>> No.55367413

>>55360706
This time the bull will be fucking huge

>> No.55367426

>>55367413
Whenever I read the word bull in the context of finance I know it's an idiot writing or a bot. Same goes for bear or crab ofc

>> No.55367558

>>55363801
Not the last. It’s still a market.
However it’s the biggest by far and dwarfs all the others

>> No.55368130

>>55365613
RWA and LSD will grow in the coming years. Projects working on it will skyrocket in the coming bull. Driving force for institutions to participate in Defi.

>> No.55368169

>>55360775
they accumulated in 2020 dump and will dump very soon. gov jews will also be selling silkroad buttcoins. $10000 BTC incoming.

>> No.55368211 [DELETED] 

>>55360706
Why won't they when you and other crypto bros have decided to live on crypto? With CryptMi and BittreFill anyone can live on crypto.

>> No.55368400 [DELETED] 

>>55366104
There are solutions for that Trustless Identity Verification TIDV will rule in the case of self-custody.

>> No.55368416

>>55368400
Crypto would lose all perceived value in an instant if kyc even on chain would become mandatory.

>> No.55368493

>>55366940
Any Defi with room for institutions to deal with their regulation issues will be a boom now that institutions are beginning to find their way into crypto.

>> No.55368497

>>55367426
>Whenever I read the word bull in the context of finance I know it's an idiot writing or a bot. Same goes for bear or crab ofc
same this is why i use terms like "money go up market" or "money go down market"

>> No.55368566

>>55368493
Are those "institutions" in the room with you
Same as (((bull bear))) crap. Cringe advertising speak
>>55368497
You don't get it, but there is not much that can be expected by faggots that are basically incompetent advertisers trying to sell bags

>> No.55368585

>>55368566
no, i get it. you're a super unique and smart individual who is head and shoulders above everyone else on this website you spend your time on

>> No.55368624

>>55368497
Crap. Money go up? who uses that?
>>55368566
If it scares you to see institutions, then don't let BlackRock get into crypto.

>> No.55368629

>>55368585
Does it run you the wrong way that I dispell and shit on (((memes))) and (((narratives))) meant to trick people out of their hard earned dollar, at least the few that realize it and leave this shithole

>> No.55368633

>>55368624
Blackrock is not an institution, even if it would likely love to be one. It's a jewish fund that calls itself essentially white

>> No.55368638

>>55368633
Kek! You definitely got a problem with a lot of things.

>> No.55368664

>>55368638
I just don't like clear terms with clear definitions to be misused by scammers that want to sell idiots pogs, which due to their retardation are not pogs but unregistered securities

>> No.55368674

>>55368664
Gensler will definitely want to work with you. You should be picking what is securities and what is not. Don't forget to tell us why ETH is not security also.

>> No.55368693

>>55368674
Eth is an unregistered security, the eth foundation is a common enterprise, a software company, that raises funds through selling pogs to investors signalling them that they develop the spaghetti code by hiring and paying failed computer scientists and software developers

>> No.55368717

>>55368693
Welcome to the BIZ Mr. Gary Gensler. We are sorry for not giving a fuck to your fud. Sorry to see that BTC sits above 30k and altcoin bullish again..

>> No.55368776
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55368776

What's the point of all of this? Crypto was set up so nobody needs these depreciated firms anymore.

They are only relevant today because the government allows them access to capitalism cheat codes and dark fiat money magic.

Soon enough this will lead to the government and FED being in control of all crypto as they did with gold.
How do you guys think all the thousands of tons of gold ended up in the government's hands?

Crypto + regulation + KYC + government oversight + external custody is fake and gay.

>> No.55368900

>>55368776
Like it or not fraudsters are using crypto and people are losing money to them. A bit of regulation will do the math.

>> No.55368931

>>55360760
look at the history of crypto, everyone in this scene knows the crypto tools to use, coinmarketcap is one of them. shiba inu. went up 1,000,000%. tradfi had nothing to do with it. people like you spout the most head in the sand takes ever like "we should regulate crypto so people can finally make money in it!" wake up

>> No.55368950

>>55368931
>Tradfi had nothing to do with it
Kek. So jew vc and asian vc doing insider shit are not trad fi. Got it

>> No.55369019
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55369019

>>55360706
Liaten anon, pushing for DePINs to bring fresh perspectives and innovative solutions to address existing flaws in traditional finance is the only way to blend the crypto space. toreduce the risks associated with centralized systems. Through blockchain technology and smart contracts,

>> No.55369106
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55369106

>>55361540
Decentralization is just the only thing we need. DePIN will be revolutionized and disrupt traditional physical infrastructure as we know it. That's why I'm closely monitoring projects like peaqnetwork, iotex, and helium paving the way for its success.

>> No.55369211

>>55369019
It is surely going to be a collaborative effort. There only thing needed are clear regulations. In the US and other parts of the world. Uk is cooking something already.

>> No.55369235

>>55369211
>Regulations are good
Crypto is done, the last pump with vc loading up was the last indeed. Top of the S curve reached. No more growth, just a genx store with no more story to tell

>> No.55369284
File: 74 KB, 1061x734, Shiba.png [View same] [iqdb] [saucenao] [google]
55369284

>>55368950
>every dollar ($1) put into shiba inu during this 6 month period could have earned you $100,000 for every $1 at its peak. or for the past 2 years you could and still have the opportunity to get out with a modest $10k for every $1

>> No.55369303

>>55369284
Insider trade, obviously. Nobody in his right mind without the knowledge of some vc induced pump happening would have put a single cent in this crap. Same with pepe. Obvious insider scam was obvious.

>> No.55369451

>>55365097
runescape party hats are wild, boys i'm tellin ya

>> No.55369458
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55369458

>>55369235
>>55369303
pogs

>> No.55369492

>>55369458
You really just run with everything I tell you. It's like you are golems unable to be creative.

>> No.55369500
File: 19 KB, 123x128, turd.png [View same] [iqdb] [saucenao] [google]
55369500

>>55369492
how am I able to find you every thread you post in on an anonymous board if you're so creative mr. pog frog?

>> No.55369517

>>55369500
This board is dead. Like dead dead. Crypto is dead. There is no shred of creativity left, not one single bit of idealism, not the slightest will to expand. It's only just the bottom feeders of the bottom feeders left, trying to extract dollars from retards on normal faggot platforms. And you don't get that you need to leave. I am just here mocking a grave that talks

>> No.55369520

>>55369517
Bullish

>> No.55369528
File: 110 KB, 362x236, dead thread frog.png [View same] [iqdb] [saucenao] [google]
55369528

>>55369520
you need to post a frog he doesn't like frogs

>> No.55369543
File: 86 KB, 845x925, 1612188847309.jpg [View same] [iqdb] [saucenao] [google]
55369543

>>55369528
Sure, here's one from my extensive collection

>> No.55369552
File: 106 KB, 845x925, yoinked.jpg [View same] [iqdb] [saucenao] [google]
55369552

>>55369543
surely you meant to say a frog from MY collection, right?

>> No.55369686
File: 149 KB, 768x768, 1604397000110.png [View same] [iqdb] [saucenao] [google]
55369686

>>55369552
>yoinked.jpg
FAKE pog SCAAAAM!!

>> No.55369699

>>55368931
i didn't say any of that lol

>> No.55369705

>>55360815
Yes, unfortunately normies will allow it

>> No.55369819

>>55369699
no you did not say any of that, i can quote what you said in post 55360760 by copy and pasting it. just read the part that applies to you if you're not interested at all in anything else that's relevant to you, where i said "tradfi had nothing to do with it."