/biz/ - Business & Finance

>>56881724
bitcoin... has fallen

No one's forcing you to buy it, ETFs are for companies to include it in their balance sheets.
You can just buy spot and store them in a cold wallet.

Did you feel this way about not owning stocks in your name too?

>>56881735
It's rising idiot

>>56881744
You didn't get my point anon

>>56881724
Goodbye Binance, Hello Blackrock

>>56881724
War.
War never changes.

>>56881724
Im in for the money

>>56881724
The hell ? Who cares?

>>56881724
Said the guy who didn't buy BTC at 16k

>>56881724
are you overlooking the fact that for the first time ever, and probably the one time in your entire life, you get to be in ground level with the jews?

>>56881724
cut out the middleman they said

>>56882425
We got em by the balls though

>>56881724
Oh bullrun is coming
Don't act like jerk

>>56881724

>>56881724
Just continue buying BTC

>>56881724
>Is everyone retarded?
Yes.
>government shutdowns every exchange except cuckbase
>largest BTC holders are blackrock and the US government
I hope everyone buying into it right now gets rugpulled hard. fucking retards

>>56881744
Until CFPB and Treasury outlaws them, sure.

>>56881724
Feels like heaven. Bought BTC at 24k

>>56881724
>ETFs contradict the essence of BTC
The improvement is that you will be able to trade it on your usual broker like any other asset, and dont have to deal with separate "wallets", "exchanges" (which can magically disappear...) and whatnot. The ETF provider will take care of all of that (or just simulate the performance of BTC with some degenerate options / swaps / derivatives).

>>56882662
Use Binance . Funds are SAFU

I get what you mean but it doesn't matter what our feelings are on the subject. Btc is still btc with or without ETF. it's just another necessary step before mass adoption. People will still generate their own wallet and buy BTC either through exchanges or P2P. It is what it is

>>56881724
Just ride the trend to earn money.

>>56881724
We all gonna make it folks

>>56881724
idiots spotted

>>56881724

>>56881724
how exactly does this contradict the idea of bitcoin? You can do whatever the fuck you want with it and nobody can stop you. That's the fucking point you schizo

>>56881724
Don't let someone use your bitcoin

>>56881724
Why does everyone want this shit to happen?

>>56881724

You stupid fucking nigger nobody actually gives a shit about utility or values or any of that gay shit. Give me my bag. I could not give less of a fuck if some nigger in Somalia is able to buy his goat milk or whatever the fuck with Bitcoin. Who cares? As long as the price goes up and I get my money it doesn’t matter.

>>56881724
Like we do have a choice!!??

>>56881724
Ask your mom

What kind of retard is waiting for an ETF if you have MSTR which is managed by a real bitcoiner that has the biggest stack and knows what they are doing unlike Blackrock boomers? Not to mention he doesn't scam you with a fee.
Btw, Blackrock is rushing to add disclaimers about how boomers can lose their money on tetherings. Im starting to doubt this shit is even going to get approved.

>>56881724
You better buy altcoins, X100 is nothing

>>56881761
Not interested

>>56882787
Binance is facing challenges related to regulatory compliance. It's best to opt for crypto exchanges without compliance issues. Just my two cents anon.

>>56883995
>Cryptocom

>>56881724
If the jews use paper bitcoin to manipulate the price downwards, then the etf is heresy and an affront to the glorious ancap principles that Satoshi stood for.

If jews use the etf to get more boomer 401k assets under management, and then use those assets to pump my bags with a 1:1 backed etf, then it was about time this development happened and we can finally democratize finance for everyone.

>>56881724
How they gonna manipulate the market when everyone can see how much bitcoin they have on chain!?

>>56884118
It's not only Cryptocom, but I think Gemini and Tap are at the top of my list for fully regulated platforms.

>>56884258
Think outside the box
>>56884261
As you wish

>>56884182
Bitcoin is not true

>>56882222
CHECKED SNEEDTOSHI

>>56884481
I'm just sharing my opinion on the platforms that work best for me. So far, everything is going smoothly, and you know it contributes to having peace of mind.

>>56881744
>No one's forcing you to buy it, ETFs are for companies to include it in their balance sheets.
>You can just buy spot and store them in a cold wallet.
You've said it all, anon. Hot or cold wallet. Whatever the fuck you want. As in I'm in for Tap wallet for a little BTC savings and I'm alright.

>>56884569
I can't check out a shitcoin with a shitname. All in for something tangible like crypto payment gateways that open the door for global adoption

>>56884261
>It's not only Cryptocom, but I think Gemini and Tap are at the top of my list for fully regulated platforms.

Of course. It is better to look for a platform that aligns with regulation in order to avoid getting fucked up.

>>56881724
if you think etfs are “anti bitcoin” you don’t understand the ethos of bitcoin. it’s open , that means anyone can do what they want with it, including blackrock shoving an etf up ur ass or kim jung un running a node. at the end of the day, no matter what they do, it all MUST culminate in the blockchain. fully transparent, fully open

>>56884261
Heard the latter is getting listed in the US ASAP.

Satoshi will dump his bags if the etf is approved

>>56883490
How confident are you and which altcoins will yield 100x?

>>56881724
>>56881825
your point is just as gay as libertarianism

>>56881724
>Are we overlooking the fact that ETFs contradict the essence of BTC

lmao how dumb are you if you think btc is not about making money

Bitcoin: fuck bankers
Bankers: we need BTC on our balance sheets

>>56884758
Some people rely solely on others' opinions. It's wiser to consistently research the exchange you're using. We're not kids anymore; we know what's right and wrong.

>>56882662
Are you retarded? The "broker" is just another thing that can magically disappear, its literally just a boomer exchange

As long as you cant exchange your etf for real btc its jusr another scam, not your keys not you coins

>>56881724
So they will pump to get people in
Then dump to get the coins from the weak
Later crab and pump for years...i don't have time for that
>>56883995
They attack binance for a reason anon, ((they)) want our crypto

>>56884798
The US launch is a great addition and has the potential for widespread adoption if the marketing is done effectively. It's gonna be an interesting development anon.

The ETF will become the preferred way for the average person to invest in Bitcoin. With a BItcoin ETF held at a brokerage investors will have brokerage insurance and SIPC protection in case the Bitcoin gets stolen and/or the brokerage goes out of business. Bitcoin stored in a private wallet has no such protection.

>>56882179
Sure thing! Sure, good bye Binance, but check this out, there's an alternative vibe. You can snag a Tap debit card—virtual or physical—for free. Deposits? Also free. Plus, monthly ATM withdrawals? Free too. And hey, if you level up to the Titanium plan, you get up to €4000 in monthly ATM withdrawals for free. Cool deal, right?

>>56885159
Ah, hold up a sec! The US launch sounds intriguing, let's not count our chickens before they hatch. Widespread adoption's a whole different ball game, especially if the marketing doesn't hit the mark. Let's see if it pans out as interesting as it sounds, anon.

>>56884481
I assume you mean a hard fork?

>>56884877
Hey, I'm looking into licensed exchanges because the crypto ad rules are tightening up. People who want that Fiat on-ramp now need the legitimate ones. It's all about these regulated exchanges.

>>56881724
nigger who the fuck cares

>>56885234
I emphasized the importance of effective marketing; I didn't predict it would turn out exceptionally well. Marketing plays a crucial role in significant events like this. Choose optimism still anon.

>>56881724
if you really think that then you fail to understand the technology

>>56885446
You're like the Nostradamus of effective promotion. Who knew marketing could make or break the crypto world? Let's hoping our alt bring all the gains to the yard, anon!

>>56882222
LOL the last gasp from bsv shills as Calvin turns on Creg

>>56885492
There are only two potential outcomes for the marketing result: it will either take off or not be effective. I think the team won't miss making a big move for this launch. Think of that anon.

>>56885301
Nonsense

>>56885645
Hold up a second, SEC gotta play devil's advocate here. How exactly is the team planning to navigate the nuances of this marketing strategy for the launch? What's their approach, anon?

>>56885468
No, but you're the one not understanding

>>56881744
Don't forget to pay taxes on every transaction, peasant.

>>56881724
They can manipulate it between the value of 5 and 10 mil per BTC for all I care. I'll be too wealthy to notice.

>>56885492
>Let's hoping our alt bring all the gains to the yard, anon!
It will, but expect that to surface by next year. Nothing is really happening in alts now. It will happen when liquidity starts flowing from BTC to alts.

>>56885815
Kek.
No one fucking cares if it's been manipulated or not. All we care about is the result, and that's profit. If it is censored or not, all I care about is the increase.

>>56885807
Fk UK. Crypto should be banned if they're paying such an amount of tax. The HMRC keeps messing things up for crypto users there.

>>56885793
Well, Zero Hash is the solution to your concerns. Always DYOR before complaining, and empower yourself by staying informed. Google search is everywhere lol.

>>56881724
I roll with self custody, OP. What's the point of fattening up entities like BlackRock if I can't have full control of my assets, ID & privacy?

>>56885875
>Google search is everywhere lol.


The poor jeet braincell is still narrow than to conventional existing paradigm of trxn which is often accompany with high fee.

>>56883995
Alliance Block's official smart wallet ain't messing around—it's gonna be in sync with every damn regulatory framework worldwide. Tattoo this in your d*ck brain, Faggot.

>>56885875
You're based, Anon. Zero Hash unlocking the gates for 45 million active crypto users in the US to dive into Tap's solutions, Fag.

>>56885892
>What's the point of fattening up entities like BlackRock if I can't have full control of my assets, ID & privacy?
The tax advantages and employer matches that come with retirement accounts. There are 161 million americans in the workforce... do the math anon.

>>56885225
You gotta stake a chunk of XTP if you wanna feast on all the perks in their Titanium plan. Don't front like you're the know-it-all, Anon. Put up or shut up.

>>56884798
Trust me, Anon, this right here is the foundation for Tap's relentless global user base expansion. Lock it in, big moves on the horizon.

>>56884758
Regulations ain't just red tape, Anon. They're the chess move to checkmate the shady characters in this space and pave the way for adoption.

>>56884728
Heard that goddamn payment network is flexing support for fiats and a whopping 40+ cryptos, Pajeet.

>>56884118

Ain't no way I'm dealing with a platform squeezing 2 to 4% hidden spread fees on my crypto trades, Jeet. I'm sticking to the XTP app Titanium plan, where I'll only be coughing up a puny 0.6 in crypto trading fees.

>>56885892
All this will soon be censored. It's just a matter of time, and they are getting the advantage here. All these communtard who don't like censorship will have to leave soon. Kek.

>>56885991
Exactly. I don't seem to understand why many Web3 users fail to understand this little concept. All we solicit is that it's not strict to make things unbearable.

>>56881724
and some biztards thought bitcoin was financial freedom, antistablishment and was going to bring down the system

fuck banks come at me bro
>BTC 2019
daddy blackrock plz save us
>BTC 2023
I'm properly positioned for this run to make a lot of money but this is probs the last time we have fun without regulations and boomers making the rules.

>>56885940
Well, entering the US market is important, especially considering its readiness for regulatory compliance. This step is essential to avoid potential issues in the future.

>>56886181
you fail to understand the technology

>>56886181
This will be the last run before regulation comes in fully. After this run, the market won't be as volatile as it is now.

>>56886233
Wtf are you saying, jeet? Is this too hard for you to understand?

Gosh. Learn how to read.

>>56886230
For any project to have that in mind, it means that they are compliant, friendly, regulated, and licensed. This, to a large extent, shows how reliable and transparent it is in terms of operation.

>>56886241
I love volatility. I can afford to long and turn it off for 800 days while wagecucks bet their grocery money on shitcoins.

>>56886263
That's how crypto exchanges should operate. It's no wonder why other platforms face issues, leading users to switch to alternative exchanges. Can't blame the users.

>>56886266
Kek.


I just can't wait for NPC to bring in more liquidity for me to exit the entire market. I can't afford to miss this last lap.

>>56886314
Yeah, but the issue doesn't necessarily lie with users, but with those fraudulent dicks. They will rot in jail. Soon, CZ will face a riot over his actions. Never use Binance or Gate IO.

>>56886339
I admit I've been using Binance for their P2P service, but I've decided to withdraw my assets until the FUD settles. On the other hand, for Tap, I utilize their debit card to save money and to store my digital assets on their wallet.

>>56885958
I don't need it.

>>56885223
Are the ETFs solely for retarded boomers who are too inept to learn how to buy bitcoin themselves and self custody?

>>56886078
Those scumbags polluting the crypto space will get the boot sooner or later. Regulations are gonna slap confidence back into investors. Remember my words, Anon.

>>56886097
Based, Anon. These clueless folks don't realize it's all for the damn betterment of the market.

>>56886410
Better. Deal with what best fits your needs. I heard that investigation is still ongoing.

>>56886625
The earlier we realize this, the better for us investors. If it comes, a lot of folks might be disappointed because it might go against the original intention of Web3, but who cares?

>>56886230
It's a big move, Noob. The US, hands down, is the heavyweight champ in the crypto arena projected to snag a whopping 48% of the global market growth from 2022 to 2027.

>>56886651
Well, everyone has their opinion, but welcome to reality. I think fintech is left out of this because majority is regulated and licensed.

>>56886241
This Anon's rocking a massive IQ. Regulations are the key to injecting confidence into both investors and users.

>>56886263
Since its launch in 2018 the focus has been on innovation, regulatory compliance, and collaborating with the financial system rather than opposing it.

>>56886314
Ever since Binance Europe took a hike, I ditched that ship and jumped onto Revolut and the app regulated by GFSC.

>>56885958
I suppose it's an opportune time to make a purchase while prices are low, especially considering the upcoming new listings. What do you think of it?

>>56886339
I thought CZ was some kind of saint until that damn day. Reality check hit hard.

>>56886410
Personally, I use XTP app for seamless on ramp/off ramp transactions from fiat to crypto and vice versa.

>>56886818
People will rely on the competitive rates offered by the service. If it satisfies them, there's no reason to switch and that makes sense.

>>56881724
>indifferent as long as the price surges?

I'm honestly excited for this to kill bitcoin. BTC is a con, and it'll be nice to have it be dead.

>>56882222
Don't like it? STIFF

>>56887051
You have a point
>>56887070
Oh when do you want to be dead?

>>56886561
It's for 80 year old grandpas with shaky hands and no computer knowledge that want to buy 'digital gold' in a way that actually makes sense to them. Also it allows institutions to legally buy bitcoin. The ETF is unironically what takes bitcoin to a million a coin.

>>56887229
Exactly! If you have a comprehensive package that meets your needs, why search for other services? It's all about having a reliable long-term solution.

>>56887051
That's the essence of having a buffet of options in the financial payment industry.

>>56887336
This Anon finally pulled his head out of his ass. I'm locking in with the regulated app that just teamed up with Total Processing, letting me top up my account with the Visa card.

wtf is going on here

>>56886241
Regulators don't have a say on supply and demand. BTC will stop being volatile when it's around $1MM a coin.

>>56887942
That's simple, and I wouldn't complicate myself for nothing. I think if the users continue to grow, market expansion is possible and would also be a great plan, especially in Asian countries.

>>56886781
The MF is not a saint. Y'all fail to understand that binance is not far from being ftx.

>>56888092
I just hope that comes through for all.

That's most likely possible if there is high liquidity inflow but I doubt anyway

>>56883176
no you literally cant spend your etf , no wallet, no keys, no signatures, no forks, you simply dont have any coins. it isnt bitcoin

>>56881744
you can also buy gold and store it in your safe and yet look at how much paper gold exists vs physical.
The purpose of the BTC ETF is identical.

>>56888147
It's not happening.

>>56888690
Whether it's true or not, with the upcoming launch in the US, there's no reason not to consider expanding into the Asian market, given the vast opportunities it offers.

>>56888608
Centralisation.

>>56881724
>Are we overlooking the fact that ETFs contradict the essence of BTC, or is everyone simply indifferent as long as the price surges?
The latter. The people that care about the underlining technology and the future of bitcoin are few meanwhile the majority are moon boys that want to escape wage slavery.

>>56890433
That ain't good

>>56881724
it was an interesting experiment

>>56881806
Retard

>>56882222
kek
They are quaking in their boots I'm sure.

>>56883176
All the big mining operations are run by tptb retard. You can't do what you want with it. You can do what they let you just like everything else.

>>56883387
No one, especially boomers, know what you are talking about.
This is the part where over 10 years the trick boomers into putting their retirement in the shittiest worst tech of all and then crash it with no survivors.

>>56888051
kek new bots being tested maybe?

>>56892922
Wtf

>>56881724
Bitcoin Maxis sold every principle for Line go up

>>56885875

>>56881724
"The essence of BTC"

Let me guess, you got in late and now any chance of getting stupidly rich has been missed

Let the big boys make their money and keep being in it "for the tech"

>>56894259
Newfag

>>56884808
more info on this?

>>56882222
checked! happening!!! Craig is satoshi

>>56881724
Where you guys expecting crypto to go mainstream without getting institutional players involved? It's crazy how y'all are still in denial at this point. The smart move would be to find the best way to benefit from the entrance of Institutional players. I've located some institutional grade Defi platforms which I think will play a key role in the onboarding process and pitched my tent in there so I don't get left behind.

>>56881724
Dumb fuck boomers are gonna start buying our ponzi y u mad

>>56889427
Asian money is the best money. Even Biden knows that.

>>56896506
Why so harsh? There's still opportunities to be rich from Bitcoin. Just buy now.

>>56897762
>. I've located some institutional grade Defi platforms
What GPS you use to find these?

>>56897762
Stupid

>>56897972
Lmao. GPS indeed.
I just know a few metrics that institutional players will be interested in like Improved security, solid liquidity base, flexibility of assets use, regulatory compliance etc. If a platform has been able to create working products that have all of these in place, then it's definitely institutional grade IMO.

>>56881724
>ETFs contradict the essence of BTC
No shit, so does trading it. Strap in, it's happening tonight

>>56884817
Everyone in crypto is here first for the money! The tech and all others are secondary priorities

>>56898543
Weak

>>56898404
Not seen any platforms that meet these requirements though. Most of them are still a work in progress.

Bitcoin is a lost case, might as well profit from the pump and cash out.

>>56899109
The recent V2 launched by Spool meets all of these and more. I think Maker also has solid institutional grade Defi products.

>>56899560
huh