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File: 210 KB, 1260x901, CZ Fidelity.png [View same] [iqdb] [saucenao] [google]
11477325 No.11477325 [Reply] [Original]

Or is he on to something?

>> No.11477328
File: 422 KB, 1164x1228, CZ Fidelity 2.png [View same] [iqdb] [saucenao] [google]
11477328

>> No.11477340

CZ knows whats up.

>> No.11477343

Based CZ

>> No.11477345

>>11477325
Why would you presume he's talking shit?

5% of Fidelity is larger than the combined GDP's of the top 195 countries in the world.

>> No.11477390

>>11477345
I don't presume he's talking shit. I just want to hear the bearish counter argument.

>> No.11477414

This is good for chainlink. Buenos

>> No.11477427

Even if they allocate 0.5% that's still billions flowing into crypto. Plus for every dollar that flows into crypto the marketcap increases by several dollars. Fidelity won't be the only fund either, they're just the first.

>> No.11477437

Kek.it'll be 0.05% if we're lucky.

>> No.11477453

>>11477437
Novogratz says they'll begin "running some water through the pipes" in Q1, but to expect ATHs broken by Q2.

>> No.11477459

>>11477325
yeah hes talking shit, never trust chinks...
as if fidelity jews would get dumped on by a tiny dicked chink buying a downtrend on the biggest pnd humans have ever seen

>> No.11477475
File: 61 KB, 686x325, Screen Shot 2018-10-21 at 8.28.50 PM.png [View same] [iqdb] [saucenao] [google]
11477475

Roger that

>> No.11477479
File: 192 KB, 450x667, 001kVMOozy6P99Kug6m5a&690.jpg [View same] [iqdb] [saucenao] [google]
11477479

People don't realise that OTC trading volume for BTC has tripled over the past few weeks. It's primed.

>> No.11477507
File: 42 KB, 972x453, oh no no no.png [View same] [iqdb] [saucenao] [google]
11477507

>>11477475
>>11477479
trying to sel the last bags, hope that amerimutts are smart enough to see through this greasy chink

>> No.11477523

LAST REMINDER, NEVER TRUST A CHINK, IF A CHINK SAYS SOMETHING, TURDS AND KNIVES SHOOT OUT HIS MOUTH

>> No.11477541

>>11477325
>Institutional money will come soon goy
You guys really are in denial, no you're begging that someone will save you from your heavy bags.

>> No.11477569

>>11477390
There isn't one unless short term they want to use their full backing to suppress and short the market, but that can only last so long.

>> No.11477576

>>11477479
>institutions use all of 2014-17 to load up on coins
>dump on us JAN2018
>buying again OTC

round 2 motherfuckers

>> No.11477577

>>11477541
We know that Fidelity will begin allocating funds for crypto early 2019. Can you please give the bearish spin on this, and why it won't bring the pump bulls are hoping for?

>> No.11477927
File: 25 KB, 320x180, 56C58D6C-170C-4234-85B6-6870E4B8B0BF.jpg [View same] [iqdb] [saucenao] [google]
11477927

>>11477325
Based!

>> No.11477933

>>11477507
The only bags around here are the ones filled with fiat.

>> No.11477937
File: 53 KB, 553x491, c320b6f7-6190-4014-a13f-76caf7859a22.png [View same] [iqdb] [saucenao] [google]
11477937

>>11477453
since when is Novogratz (of Fortress infame) is considered an authority on anything? recent cryto investors are truly among the most unsophisticated ones

>> No.11477963

>>11477933
like the ones on my bank account and the ones of my parents bank accountS?
stay poor faggot
or fuck you chink shill

>> No.11477994

BTC tanks to $3k..

>> No.11478049

>>11477937
He's working with Fidelity. He sat on a sofa in front of Bloomberg with Tom Jessup (head of corporate business development and digital assets at Fidelity) when he made these statements.

>> No.11478051

>>11477325
in order for them to do that someone would have to be accumulating a lot of crypto at low prices....

>> No.11478146

So all the bears have to say in response is muh 3k don't listen to him he's Chinese? Really?

>> No.11478188

>herd is coming

>> No.11478223

>>11477577
I think at first they will short the market. Just think, everyone is saying how they will pump it so do the opposite. When it doesnt pump people will get salty and sell.

>> No.11478257

>>11478049
>He's working with Fidelity.
he's a custodian client of FDA. the sole one.
people's memories are short, but re-read his Reuters Summit statements from November last year: https://bitsonline.com/novogratz-institutional-bitcoin-investors-coming/
this whole space is about the same folks pulling the same old tricks on the same fools now

>> No.11478302

if anybody thinks fidelity is going to be pushing their clients towards anything other than bitcoin or ethereum they're just delusional

>> No.11478324

>>11478302
Yes, they've stated as much. But money flowing into BTC and ETH will fuel shitcoin speculation as it always does.

>> No.11478333

>>11478188
>herd
>flood
>deluge
Pick a word
It's happening.

>> No.11478347

>>11478146
He's a braindead permabull, I like how he was talking about another bull run in september just before BTC crashing from 7400 to 6100.
He works almost like a counter indicator.

>> No.11478349

>>11477325

They sure as fuck won't come on binance to pump the price up lol. They'll just buy OTC which you won't even see in the graphs except maybe a lot later.

>> No.11478380

>Bulls still think that institutional investors care about a dead market

God crypto is filled with the biggest retards in the world.

>> No.11478404

>>11478380
Also investment fund are bottom pickers, they won't buy an asset if they still think it will fall 50%+

>> No.11478407

>>11478324
to an extent, but the last huge eth+alt run happened only because of bitcoin's uncertainty with the chinks attempting a takeover, that managed to push ethereum up to nearly 0.15, 75% of the cap of btc.

when you just get targeted investments from clients like this, towards coins like btc/eth only, it does a lot less for speculative alts than you might think.

>> No.11478427

>>11477325
CZ is the biggest scammer out there, worse than Mcafee

>> No.11478432

>>11478407
>BTC goes on bullrun
>normies see this and fomo into "next Bitcoin"
>Although bull run

>> No.11478433

>>11478404

Yeah, buying bitcoin in 2018 is buying high, I don't see how people think institutions are into buying shit late? They like to get in early not late. Why would they bitcoin at this point?

>> No.11478435

Big money is coming, but you can bet your bottom dollar they're not buy BTC, ETH, or any shitcoins. They interested in blockchain tech but will create there own digitized assets and tokens. You all were fools to want this

>> No.11478438

>>11477479
Where are you getting that OTC data from?

>> No.11478450
File: 27 KB, 1092x1037, 5845cd230b2a3b54fdbaecf7.png [View same] [iqdb] [saucenao] [google]
11478450

>>11477459
don't crush our dreams man

>> No.11478506

Isn't every financial institution stay out and the price stabilizing the best possible thing that could happen for crypto to be adopted as a currency instead of a speculative asset?

>> No.11478521

>>11478433
If you think this is late you have extreme autism, look at the total marketcap and think for a minute you fucking inbred faggot

>> No.11478550

>>11477963
>fidelity investment is chink scam
lmao kys surprised someone so retarded and poor can own a computer

>> No.11478563
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11478563

>>11478521

Bought BTC under 1$ => Innovators

Bought BTC between 1$ and 30$ => Early adopters

Bought BTC between 30$ and 200$ => Early majority

Bought BTC between 200$ and 1000$ => Late majority

Bought BTC between 1000$ and 6500$ => Laggards

Bought BTC above 6500$ => Eternal butthurt bagholders

>> No.11478611

>>11478521

I meant buying bitcoin is late. Something like ETH is still pretty early.

>> No.11478615

>>11478563
Based and redpilled

>> No.11478618
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11478618

>>11478611
ETH is going double digits

>> No.11478627

>>11478563
unironically this. nobody except billionaires can buy enough btc to make a gigantic sum of money. you can still buy enough eth/monero/0x to make a gigantic sum of money

>> No.11478642

>>11478615
Marketing campaign shills love this fucking shitty retard saying. It's like writing "this" in reddit. No thought yet it has the illusion of thought.

>> No.11478648

>>11478627
dumb nigger detected

eth going to 0

0x might even go negative

sidechains on bitcoin make monero obsolete

GG shitcoiners.

>> No.11478668

>>11477325
>fidelity allocating a single percent in crypto
lol

>> No.11478700

>>11478435
That’s precisely why I loaded up on stellar today.

>> No.11478725

>>11478648
>eth going to 0
oh look this fud again
>0x might even go negative
biggest crypto exchange in the world loves 0x and is heavily invested in it
>sidechains on bitcoin make monero obsolete
this might be true and monero probably is already cracked by nsa

>> No.11479156

>>11478380
Institutions are buying more than ever before OTC.

https://coingape.com/no-more-waiting-for-bitcoin-etf/

>> No.11479231

>>11478435
if they're making their own, you won't be able to buy them. they dont need or want to have publicly speculative tokens. they're buying bitcoin because they have to, but every other alt out there is unnecessary for them to get invested in.

>>11478432
given the complete failure of "next bitcoins" or "next ethereums" in the last year and a half, i'd expect a lot less people willing to throw money into random unknown alts as then did in 2017.

>>11478611
ethereum is more or less 2016 bitcoin, both are safeish bets with both being incredibly far ahead of their next biggest rival, with ethereum actually in a better position against rival platforms than bitcoin is.

>> No.11479299

>>11479156
https://cryptoinsider.com/fidelity-institutional-bitcoin-glut/

"I have had institutional clients looking to buy anywhere from 100,000 btc up to 1,000,000 btc. The bitcoin price movement did not seem to have any impact on this glut."

MUH INSTITUTIONS DON'T WANT TO BUY!

>> No.11479317
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11479317

Fucking based.
This is the face of a man you can trust!

>> No.11479358

>>11479299
>trying to buy 6% of all current (not even circulating) btc
these guys sound clueless

>> No.11479361
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11479361

>>11479317

>> No.11479381
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11479381

>>11477325
I-is he gonna pump my bags?

>> No.11479391
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11479391

>>11477325
Imagine everyone's 401k fund pivoting to include 1% crypto as a chaos hedge. The average family's retirement account(s) has about $100k in it and there are 120 million households in america. And every dollar in the crypto market raises the cap by anywhere from $100 - $300 (look at Ripple's recent pump, $30M made it pop by $10B).

>$100,000 * 120,000,000 * 300 * .01 = $36 Trillion

Not shitting you, do the math yourself. Also Bitcoin as the 'safest' crypto will probably absorb most of that. Pump even 30% of that or $10T into Bitcoin and that's a 90x, or a price of $600,000 / BTC.

And that's just retirement funds. We are legitimately about to go on the golden bull to eclipse all golden bulls. Everything is coiled like a spring about to explode. I feel bad for normies who bought the crypto is dead meme and are moving all their funds into fucking pot stocks or even blue chips right now. ignoring the last boarding call they're going to get for this rocket launch to omega centauri. They'll be stuck with a 3x while we multiply our stacks by 100x.

This, Bakkt, imminent ETF approval, and there are literally people on this board right now bearish about the future of crypto. The absolute state.

>> No.11479394

>>11479231
why cant amazon or google etc just make an erc20 token? ethereum is already proven tech. amazon or google or whatever can just create an erc20 token for their own uses with minimal development cost and they can open up an entirely new revenue stream.

>> No.11479408

>>11479394
Maybe they will, when ethereum network can handle the volume. We are unironically early adopters, waiting for the tech to catch up to what is required for adoption

>> No.11479511

>>11477459
This. You cannot outjew the jew. They will probably pump XRP and leave BTC out to dry.

>> No.11479608

>>11479394
they can, but they don't need to. they don't need a funding token, so theres no reason to make it publicly tradable, ignoring the fact that there are little uses for either to have their own blockchain in the first place.

>> No.11479638

>>11479608
amazon could make their own erc20 currency stablecoin and severely discount shit on amazon.com if you use their coin. idk about google though. maybe a coin to do with adsense. tesla could do an erc20 coin for electricity pump payments

>> No.11479712

>>11479638
and how would they make money then without anonymously centralizing the shit out of their coin come on anon use your brain

>> No.11479812

>>11479391
This is the trick keeping stocks afloat.

People forget 401ks literally buying stocks non stop year round for perpetuity.

If we get some of that constant cash flow, we are set.

>> No.11480036

>>11479638
they have no reason to 1) use ethereum for that, and 2) use a blockchain. they already sell their own currency on their site.

blockchains have zero use for companies like amazon/google when all youre talking about are payment coins. there wont be any payment coin battles in the future from these companies.

>> No.11480043

>>11477325
hes a retard dont listen to him

>> No.11480118

>>11478648
>sidechains on bitcoin make monero obsolete
Found the blockstream shill

>> No.11480181

What happens when 5% of those 5% are in link due to their ic3 ties?

>> No.11480182
File: 92 KB, 1080x1349, 1540089508919.jpg [View same] [iqdb] [saucenao] [google]
11480182

>>11478618
Delet this

>> No.11480186

>>11478223
Yep they will short the bottom

>> No.11480190

>>11478618
bro wtf delete

>> No.11480210

>>11478521
>silver has a market cap of $17 billion
so everyone buying silver is an early adopter then? kys

>> No.11480245

cz is so unfathomably based

>> No.11480261

>>11478438

He just "knows."

>> No.11480272

>>11477328
It would match the ATH.

>> No.11480283

>>11479391
Really only one reply to this? Comfy af frens

>> No.11480296
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11480296

>>11477328
>tripple

>> No.11480303

>>11480283
It's pasta.

>> No.11480310

>>11480182
flush yourself down the street

>> No.11480317

The way you can tell a noob from an oldfag is whether they care about what that chink has to say.

I'm in BTC since 2011. Binance and that chink will be forgotten in a few years.

>> No.11480368

>>11480303
so many newfags baka

>> No.11480758

>>11480118
>blockstream
which has absolutely nothing to do with running sidechains, or even lightning. its open source and there's no scammy fee model line in raiden pumping money into blockstream.

in the big picture, bitcoin matters more than anything else, and blockstream is mostly irrelevant.

>> No.11480796

>>11479231
They can run a fucking database and get the same characteristics of what you are suggesting. Nobody wants that.

>> No.11480816

>>11480796
nobody expect for the company itself, they dont need or want a blockchain, and they definitely dont want a blockchain that any random person can buy tokens and speculate on especially if that token has any utility on the chain itself, like paying fees.

>> No.11481605

>>11477927
>>MakeAGif.com

Makes a jpg

>> No.11481628

>>11477390
bearish counter argument is that they will only allocate .1 to 1% of their portfolio as is advised by crypto advisory groups like Digital Galaxy(?) of Novogratz

>> No.11481654

based CZ at it again

>> No.11481695
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11481695

bagholders here will be on suicidewatch once they realize in a year from now nothing has changed and price still hasnt move a significant amount (atleast not upwards)
screenshot this

>> No.11481707

>>11477390
there is none and CZ is clueless
1$ is not 1 crypto $. the multiplier is around 5-10 if they go in to the top 10 coins.
so 1$ of fidelity which is 70 billion $ would pump the mcap well above 500 billion

>> No.11481786

>>11479391
wtf don't tell them

>> No.11481789 [DELETED] 
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11481789

>>11477325

>> No.11481828

>>11477345
>>11477325
>>11477328
>>11477427
>>11477437

With that much money you're basically a pump and dump monopolist, no?

>> No.11481860

good lord the delusion of december bagholders. dont you learn anything in this months? CZ is literally the last person that will say anything bad about crypto - because listing shitcoins in the hype phase and dumb retail money even buying into this shit made - him dumb rich. his position is fucking based and following him on twitter and cheering when he tweets is the biggest cuckoldry ever