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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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57770338 No.57770338 [Reply] [Original]

dont you understand that you dumb niggers?
IT CANT JUST GO UP LIKE THIS

>> No.57770676

>>57770338
Clearly it can. Money is printed, BTC has a limited supply.

>> No.57770706
File: 66 KB, 1331x716, a1s56d1as56d1sa56.jpg [View same] [iqdb] [saucenao] [google]
57770706

>>57770338
The word has spread around, the first few boomers that invested into bitcoin etf are already up 33% on their initial investment, we are gonna surpass ath soon and you will be left behind if you don't jump in.

>> No.57770710

>>57770338
Look at the amount of BTC bought per day by the ETF alone. Then look out the amount mined per day. I’m not talking sold per day either. Miners keep some of that for themselves. It’s a numbers game.

>> No.57770749

just bought more cry more bobo

>> No.57770820

>>57770338

Yes, the question is "who the fuck is buying".

I think it's all algos at institutions.

Retail is also increasingly running some simplistic bots.

>> No.57770829

>>57770338
It can and often does, Bobes.

>> No.57770836

>>57770710

> the amount of BTC bought per day by the ETF alone

Where?

>> No.57770850
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57770850

>>57770836
bitcoin mined per day = 900
soon to be 450

>> No.57770858
File: 2.38 MB, 300x250, plebbit.gif [View same] [iqdb] [saucenao] [google]
57770858

>>57770338
Plebbit is and will continue to go up.

>> No.57770867

>>57770338
To change the mood from just dunking on bobos, so long as the ETF pours into it, it most certainly can.
That said...at some point they're gonna fill up their bags and that's probably when you'll have your day bobo...but not one second earlier.

>> No.57770893

All I know is the correction will be horrific, the problem is WHEN

>> No.57770901

>>57770867
Lol most platforms and investors still don't have access, this is just the beginning.
Morgan Stanley and Charles Schwab working on their own btc etfs out probably before the halving...

>> No.57770922

>>57770901
>out probably before the halving...
Yeah, and there's your problem right there. Why wouldn't they take their time and count on the pre-halving ultradump instead of rushing it like some headless FOMO chickens?

They're likely just holding back for now to see how low we can go from here and at some point they go: "Welp...waited as long as we dare, time to implement access" and viola - next bullrun then starts for real and they got a much better entry than just aping in right now.

>> No.57770934
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57770934

>>57770338
>Boomers buy an ETF
>See 30% increase in 1 month
>Spread the news
>More boomers buy
Get ready, anon. You've seen nothing yet.

>> No.57770968

>>57770922
ETF's profit isn't impacted by price they don't "buy in cheaper" they basically just get .25% of the aum
They want ETFs because their customers are begging for them and they've seen the insane performance of the existing ones.

>> No.57771111
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57771111

>>57770934
>it just keeps gapping up on open, I have to tell my boomer frens this is way better than gold

>> No.57771131

>>57771111
checked, based and gap pilled

>> No.57772097
File: 18 KB, 480x352, as651das65.png [View same] [iqdb] [saucenao] [google]
57772097

>>57771111
green id and quads

CHECKED AND CHECKED!