/biz/ - Business & Finance

>>57769954
>implying we were saying that
That's not what we were saying. What you fail to understand is that when /biz/ says ETF news is bearish we're not speaking about the actual ETFs themselves nor are we talking about "bad news". Many of you plebbitors -- either due to poor reading comprehension or simply due to you being new or both -- thought /biz/ was saying "the news will be bad/bearish" or "the ETF is going to be a bearish thing". That's not what we were saying. What /biz/ was saying is bearish is "the talk" itself, the hype, the buzz, all the news articles, people talking about "a coming ETF", the whole "there is an ETF coming, guys!" that we see everywhere, and that the bulls are factoring in "the ETF" into every analysis they make, every forecast they make, adding "the ETF" into every post they make, into all their arguments or counter-arguments, and the bulls latching onto the word "ETF" and throwing it around in a similar fashion as they did with "S2F" (for example: "Don't you even know what S2F is!?" and "S2F proves you're wrong!" and "S2F proves a bear market won't happen and we'll see 200k EOY 2021!!!" etc; same type of posts, just replace "S2F" with "ETF"); using "ETF" to support bullish TA (many cases of this on tradingview) and as evidence for why all sorts of moonboy narratives are valid. All that stuff. That's what's always a huge warning signal to us. That stuff is what's bearish. And we recognize it as bearish as we've already experienced all of that years ago, the very same "talk" and hype and so on, even the very same behaviors. So we see the ETF talk as a social indicator of sorts; a bearish signal. And at the end of the day, the "ETF" argument is essentially just the "muh institutions" cope.

>>57769954
>>57770017
https://cnbc.com/2018/08/22/once-again-bitcoin-investors-hold-their-breath-for-an-etf-approval.html
https://investopedia.com/news/coinbase-tries-court-blackrock-explore-crypto-etf/
https://news.bitcoin.com/bitcoin-etf-firms-team-reapply-200000-price-targets-wall-street-institutions/
https://bitcoinist.com/blackrock-involved-bitcoin-etf/
https://medium.com/hackernoon/bitcoins-etf-is-a-double-edged-sword-86a445e7314d
https://coinstelegram.com/crypto-alphabet/what-is-a-bitcoin-btc-etf/
https://cnbc.com/2018/01/18/bitcoin-etfs-questioned-by-sec-in-new-letter.html
https://investopedia.com/news/what-watch-sec-bitcoin-etf-decision-early-friday/
https://cointelegraph.com/news/etn-vs-etf-which-is-the-investors-dream
https://cnbc.com/2018/06/06/vaneck-tries-a-third-time-for-a-bitcoin-etf.html
https://archive.is/CSUVo <-- plebbit's behavior in 2018
https://cointelegraph.com/news/bitcoin-loses-7-000-support-after-etf-delay-altcoins-suffer-large-losses
https://financemagnates.com/cryptocurrency/news/analysis-would-the-coinbase-blackrock-etf-be-the-industrys-magic-bullet/
https://tradingview.com/chart/BLX/LeGaPQH6
https://tradingview.com/chart/BLX/tzp2jfE1
https://tradingview.com/chart/BLX/2W2QpSAP
https://tradingview.com/chart/BLX/wVNJkF2O
https://tradingview.com/chart/BLX/WQtwT5kM

>>57769954
>>57770017
>>57770028