/biz/ - Business & Finance

>>58072964
>Source : it came to me in a dream

>>58072964
wallstreet doesnt look at the 1m chart like u bobo, they bought at 35-40k and are zoomed out, theyre up almost double still

>>58072964
https://www.dextools.io/app/en/solana/pair-explorer/5WVFjPkoDzqr95aWf4x6h1TLsFjtMUjhvDtzBUssEJYb?t=1710879099810

Grayscale will run out of bitcoin to sell, the halving will create a supply shock, sidelined bobos will never see 12k, Bitcoin will reach 100k eoy.

>>58072964
Word on the street is OP is a fag who sucks a bag of dicks.

>>58073029
will eth go up too

>>58072964
Nobody could have predicted Bitcoin would be volatile!
Wall Street must be made whole from this entire debacle.

>>58073051
ETF will be denied and it will go down massively but then it will go up again.

>>58072964
oh yeah, half a billion of inflows every day and this chart, usually IPOs dump hard like coinbase
this is truly the end

>>58073070
>ETF will be denied
why would it be denied when blackrock proposed it?
>Blackrock originally changed how people thought about whether a spot bitcoin ETF would even be possible when the financial titan filed for their own offering in June 2023.
>They now have their own spot Ethereum ETF proposal as well.
>Many of the other same financial institutions, such as Ark, and Fidelity, that saw their spot bitcoin ETF products launch on Thursday, have also filed for spot Ether ETFs with the SEC.

>>58073139
> why would it be denied?
1. the SEC may consider ETH to be an unregistered security, and if they do, they won't approve an ETP that effectively launders unregistered securities into a registered security.
2. the SEC does consider staking activities to be securities, which makes it unlikely they'll approve any ETF that incorporates staking.

>>58073189
>2. the SEC does consider staking activities to be securities, which makes it unlikely they'll approve any ETF that incorporates staking.
the new upgrade paused new staking effectively

>>58073189

have sex.

>>58073290
No.

>>58073373
Chad

You idiots. They don’t care what happens. They rolled BTC up into a Wall St commodity complete with all the ETF trade and reporting rules thereby ending its use case as a currency. They used money printed off of your back to do it. They don’t care what the trade value is. They aren’t going to let go of them anyway.

>>58072964
Are you looking at the daily chart like I am? There has been no drop at all

>>58074240
It has literally crashed over 10k in a few days. No serious investor thinks this is acceptable and if it was an actual company they would be screaming for the CEOs head. This is why nobody takes internet funny money seriously.

>>58073029
Miners will be unable to break even once the rewards are halved. Hash rate will collapse. Price will collapse further. This is the beginning of the BTC death spiral.

>>58073046

Can confirm.

>sell your bitcoin
No.

I don't care what the chart looks like. You could make it look like everything is going to send it to 8k and I'm going to buy more each week.

>>58074316
you should really get better material

>>58073046
there's no need to be upset